| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 9,700 | 9,700 | 9,700 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200,000 BOEING CO | 198,221 | 200,480 |
| 50,000 BANK AMERICA | 50,011 | 50,042 |
| 50,000 BOEING CO | 49,580 | 48,027 |
| 100,000 KEY BANK | 98,130 | 104,257 |
| 50,000 KEYCORP | 47,355 | 48,379 |
| 100,000 DOMINION ENERGY INC | 99,835 | 98,094 |
| 100,000 PNC BANK | 99,249 | 96,622 |
| 115,000 JPMORGAN CHASE | 115,000 | 112,892 |
| 50,000 JPMORGAN CHASE | 50,000 | 50,341 |
| 100,000 JPMORGAN CHASE | 100,000 | 98,764 |
| 80,000 GOLDMAN SACHS GROUP INC | 80,000 | 77,691 |
| 50,000 KEYBANK | 48,529 | 46,936 |
| 100,000 VERIZON COMMNS INC | 97,880 | 95,945 |
| 225,000 AT&T INC | 222,392 | 218,014 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 4,250 SHS AT&T | 90,595 | 96,773 |
| 650 SHS ABBVIE | 67,582 | 115,505 |
| 1,450 SHS ALTRIA GROUP | 5,994 | 75,821 |
| 270 SHS APPLIED MATERIALS | 12,998 | 43,910 |
| 650 SHS ARCHER DANIELS MIDLAND | 28,913 | 32,838 |
| 700 SHS BAXTER INTL | 5,918 | 20,412 |
| 600 SHS BLACKSTONE | 43,626 | 103,452 |
| 1,000 SHS BRISTOL MYERS SQUIBB | 17,309 | 56,560 |
| 1,000 SHS CSX | 707 | 32,270 |
| 150 SHS CATERPILLAR | 15,652 | 54,414 |
| 350 SHS CHEVRON | 1,483 | 50,694 |
| 1,440 SHS COMPASS DIVERSIFIED | 34,254 | 33,235 |
| 400 SHS DTE ENERGY | 6,182 | 48,300 |
| 1,200 SHS DOMINION | 4,324 | 64,632 |
| 700 SHS DUKE ENERGY | 14,851 | 75,418 |
| 600 SHS EXXON MOBIL | 2,890 | 64,542 |
| 400 SHS GENERAL DYNAMICS | 80,740 | 105,396 |
| 1,600 SHS H & E EQUIPMENT | 34,064 | 78,336 |
| 1,100 SHS INTL BUSINESS MACHINES | 104,591 | 241,813 |
| 340 SHS JPMORGAN CHASE | 37,985 | 81,502 |
| 1,700 SHS KRAFT HEINZ | 64,138 | 52,207 |
| 360 SHS LOCKHEED MARTIN | 123,686 | 174,938 |
| 150 SHS MCDONALDS | 8,716 | 43,484 |
| 270 SHS MICROSOFT | 9,418 | 113,805 |
| 500 SHS MONDELEZ INTL | 1,726 | 29,865 |
| 900 SHS NUTRIEN LTD | 50,456 | 40,275 |
| 900 SHS PHILIP MORRIS INTL | 8,478 | 108,315 |
| 5,200 SHS PREMIER FINANCIAL | 155,304 | 132,964 |
| 200 SHS PROCTER & GAMBLE | 2,625 | 33,530 |
| 700 SHS PUBLIC SERVICE ENT | 13,442 | 59,143 |
| 200 SHS QUALCOMM | 14,497 | 30,724 |
| 400 SHS QUANTA SERVICES | 37,076 | 126,420 |
| 1,900 SHS RIO TINTO | 126,054 | 111,739 |
| 1,000 SHS SHELL PLC | 5,983 | 62,650 |
| 7,900 SHS STARWOOD PROPERTY TR | 154,674 | 149,705 |
| 550 SHS SYSCO | 20,087 | 42,053 |
| 160 SHS UNION PACIFIC | 342 | 36,486 |
| 1,800 SHS VERIZON COMM | 51,705 | 71,982 |
| 500 SHS SEAGATE TECH | 24,521 | 43,155 |
| 7,700 SHS STAR BULK CARRIERS | 165,135 | 115,115 |
| 280 SHS ALPHABET INC | 28,024 | 53,323 |
| 310 SHS AMAZON.COM INC | 31,957 | 68,011 |
| 200 SHS APPLE INC | 27,457 | 50,084 |
| 2,600 SHS CONAGRA BRANDS INC | 75,045 | 72,150 |
| 1,150 SHS GENERAL MILLS INC | 75,435 | 73,335 |
| 4,200 SHS HUNTINGTON BANCSHARES INC | 55,349 | 68,334 |
| 10,300 SHS KEYCORP NEW | 109,925 | 176,542 |
| 800 SHS NVIDIA CORP | 17,111 | 107,432 |
| 1,000 SHS RTX CORP | 60,857 | 115,720 |
| 2,600 SHS WILLIAMS COS INC | 84,267 | 140,712 |
| 500 SHS TEREX CORP | 28,499 | 23,110 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 11,100 SHS ARES CAP | AT COST | 218,831 | 242,979 |
| 14,600 SHS ROYCE VALUE TRUST | AT COST | 245,824 | 230,680 |
| 7,700 UNITS ENERGY TRANSFER LP | AT COST | 62,321 | 150,843 |
| 3,350 UNITS ENTERPRISE PRODUCTS PARTNERS LP | AT COST | 57,673 | 105,056 |
| 2,100 SHS VIRTUS | AT COST | 27,208 | 26,523 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENTS TO PUBLICLY TRADED PARTNERSHIPS | 7,161 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 26,467 | 0 | 0 | 26,467 |
| FOOD PURCHASED | 61,739 | 0 | 0 | 61,739 |
| REPAIRS & MAINTENANCE | 111,992 | 0 | 0 | 111,992 |
| HOME FURNISHING | 8,091 | 0 | 0 | 8,091 |
| UTILITIES | 36,816 | 0 | 0 | 36,816 |
| AUTOMOBILE | 81,015 | 0 | 0 | 81,015 |
| ADVERTISING | 4,320 | 4,320 | 4,320 | 0 |
| OFFICE EXPENSE | 4,118 | 4,118 | 4,118 | 0 |
| ENTERTAINMENT | 9,340 | 0 | 0 | 9,340 |
| NEWSPAPERS | 703 | 0 | 0 | 703 |
| LICENSES & DUES | 436 | 0 | 0 | 436 |
| PAYROLL PROCESSING | 5,313 | 425 | 425 | 4,888 |
| MISCELLANEOUS | 462 | 0 | 0 | 462 |
| RECRUITING | 1,449 | 1,449 | 1,449 | 0 |
| EDUCATION | 2,321 | 0 | 0 | 2,321 |
| WORKERS COMPENSATION | 1,580 | 126 | 126 | 1,454 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RESIDENT INCOME | 415,896 | 415,896 | 415,896 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 270 | 479 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 440 | 440 | 440 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 38,228 | 3,058 | 3,058 | 35,170 |
| REAL ESTATE TAXES | 12,837 | 0 | 0 | 12,837 |