| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANDREWS HOOPER PAVLIK PLC | 16,800 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 1986 1920 UTILITY TRACTOR FORD | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 1995 GREENS AERIFIER TORO | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 1999 DUMP TRAILER NEW HOLLAND | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2001 3PT BLOWER HARPER GOOSEN | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2003 4320 UTILITY TRACTOR JD | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2003 TORO GROUNDMASTER 3500 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2003 TORO WORKMAN 3200 07361 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2005 AEROCORE 1500 JOHN DEERE | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2008 3235C TURN FAIRWAY MOWER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2008 TORO 3500 D SIDEWINDER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2008 TORO SANDPRO 2020 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2010 2500 B TRIPLEX JOHN DEERE | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2011 2500GB GAS GREENS MOWER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2012 REDEXIM OVERSEEDER 1575 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2013 AGRIMETAL TB-230 BLOWER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2014 SPRAY RIG | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 2017 PROGRESSIVE TD65-28 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| 6X8 UTILITY TRAILER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| COMPLETE PUMPING & IRR. SYSTEM | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| CUSHMAN X1200 WORK VEHICLE | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| FARM TEK 30X15X100 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| GOLF LIFT EQUIPMENT GLQ-GI-9 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| TORO GREENMASTER 3150 | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| TORO GREENMASTER 3150-Q | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| TORO REELMASTER 5410D | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| TORO TOP DRESSING SPREADER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| WHEELKIT REDEXIM OVERSEEDER | 2023-01-01 | 1,852 | 370 | S/L | 5.0000 | 371 | 371 | 371 | |
| IRRIGATION SYSTEM | 2023-09-18 | 34,515 | 1,233 | S/L | 7.0000 | 4,930 | 4,930 | 4,930 | |
| IRRIGATION SYSTEM | 2023-04-17 | 27,896 | 2,657 | S/L | 7.0000 | 3,985 | 3,985 | 3,985 | |
| CIP (GOLF COURSE DESIGN CADS) | 2024-05-30 | 19,665 | 15.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO X8729 ST NONCOVERED | PURCHASE | 130,000 | 130,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NGCSI | 1,148,000 | 1,148,000 | |
| WELLS FARGO PUBLIC EQUITIES | 18,350,403 | 18,350,403 | |
| FIDELITY DIGITAL ASSETS | 3,202,866 | 3,202,866 | |
| ERDMAN/BONITA SPRINGS | |||
| TXH HOLDINGS | 1,336,500 | 1,336,500 | |
| TEXAS RAVEN - WORKING INTEREST | 809,000 | 809,000 | |
| OAPC | 1,256,766 | 1,256,766 | |
| TPP FINANCING. LLC | 1,767,121 | 1,767,121 | |
| WELLS FARGO HEDGE & PRIVATE CAPITAL | 1,195,356 | 1,195,356 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| GOLF COURSE EQUIPMENT | 112,411 | 32,805 | 79,606 | 79,606 |
| GOLF COURSE LANDSCAPING | 214,773 | 214,773 | 214,773 | |
| LAND | 786,331 | 786,331 | 786,331 | |
| GOLF COURSE LAND | 2,405,837 | 2,405,837 | 2,405,837 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUNNINGHAM DALMAN | 1,972 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COMMUNITY HOMES LAND TRUST LOAN | 248,700 | ||
| ICCF NONPROFIT HOUSING CORP LOAN | 750,000 | ||
| FAMILY CHURCH LOAN | 2,000,000 | 2,000,000 | 2,000,000 |
| LAKESHORE HABITAT FOR HUMANITY | 500,000 | ||
| GREEN CASTLE RECOVERY | 500,000 | 500,000 | 500,000 |
| TEXAS RAVEN FOREST LOAN | 2,000,000 | 2,000,000 | |
| HOLLAND CHRISTIAN SCHOOLS LOAN | 1,000,000 | 1,000,000 |
| Description | Amount |
|---|---|
| 481(A) ADJUSTMENT - ACCRUED INTEREST | 34,665 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SAUGATUCK | ||||
| DUES & SUBSCRIPTIONS | 50 | 50 | 50 | |
| LANDSCAPE MAINTENANCE | 10,020 | 10,020 | 10,020 | |
| SURVEY/ENGINEERING | 297 | 297 | 297 | |
| INSURANCE EXPENSE | 8,600 | 8,600 | 8,600 | |
| PROPERTY TAXES | 45,336 | 45,336 | 45,336 | |
| ADVERTISING | 5,000 | 5,000 | 5,000 | |
| EXPENSES | ||||
| DUES & SUBSCRIPTIONS | 105 | 80 | ||
| SUPPLIES | 999 | 999 | ||
| POSTAGE AND DELIVERY | 203 | 203 | ||
| MEALS | 599 | 599 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 481A ADJUSTMENT - INTEREST | 34,665 | 34,665 | 34,665 |
| MISC INCOME - SIGN LEASE | 1,600 | 1,600 | |
| PASS-THROUGH INCOME (LOSS) | -116,877 | -116,877 | -116,877 |
| TEXAS RAVEN - LOSS | -45,000 | -45,000 | -45,000 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN | 4,909,916 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WELLS FARGO INVESTMENT FEES | 25,450 | 25,450 | ||
| FIDELITY DIGITAL ASSETS INVEST F | 10,426 | 10,426 | ||
| FUND SYNDICATION COSTS | 1,525 | 1,525 | ||
| OTHER PROFESSIONAL INVEST FEES | 120 | 120 |
| Name | Address |
|---|---|
| JULES KIRK COUSINS |
190 E 8TH STREET PO BOX 1726 HOLLAND,MI49423 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 7,000 | |||
| PROPERTY TAXES | 17,408 |