| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| 44 Oakwood Lane | 2007-12-19 | 200,000 | 116,352 | Straight-line depreciable life of 27.5 years | 27.500000 | 7,272 | 7,272 | 7,272 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Single family rental property-44 Oakwood Lane Saint Louis MO 63129 | 83,648 | 123,624 | 76,376 | 150,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | Kenneth C Dothage |
| Lender's Title | President of the Board of Trustees |
| Original Amount of Loan | 8000 |
| Balance Due | 8000 |
| Date of Note | 2010-06 |
| Maturity Date | 2025-12 |
| Repayment Terms | As liquidity allows |
| Interest Rate | |
| Security Provided by Borrower | None |
| Purpose of Loan | Working capital |
| Description of Lender Consideration | None |
| Consideration FMV | 0 |
| Item No. | 2 |
|---|---|
| Lender's Name | Carl W Dothage |
| Lender's Title | Vice President of the Board of Trustees |
| Original Amount of Loan | 8000 |
| Balance Due | 6650 |
| Date of Note | 2009-06 |
| Maturity Date | 2025-12 |
| Repayment Terms | As liquidity allows |
| Interest Rate | |
| Security Provided by Borrower | None |
| Purpose of Loan | Working capital |
| Description of Lender Consideration | None |
| Consideration FMV | 0 |
| Item No. | 3 |
|---|---|
| Lender's Name | Carl W Dothage |
| Lender's Title | Vice President of the Board of Trustees |
| Original Amount of Loan | 5000 |
| Balance Due | 3350 |
| Date of Note | 2015-06 |
| Maturity Date | 2025-12 |
| Repayment Terms | As liquidity allows |
| Interest Rate | |
| Security Provided by Borrower | None |
| Purpose of Loan | Working capital |
| Description of Lender Consideration | None |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Flood Repairs | 3,079 | 3,079 | 3,079 | 3,079 |
| HVAC Repairs | 460 | 460 | 460 | 460 |
| Mailing Postage | 16 | 16 | 16 | 16 |
| New Checks from Credit Union | 23 | 23 | 23 | 23 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Tonya Jones |
726 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property Insurance | 1,174 | 1,174 | 1,174 | 1,174 |
| 2023 Tax Software | 171 | 171 | 171 | 171 |