| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTANT AND AUDITOR | 9,325 | 9,325 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| AMORTIZATION | 2,111 | 2,111 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| NEW BUILDING - 1997 | 1997-01-01 | 948,259 | 948,259 | S/L | 25.0000 | ||||
| TILE ON 2 ROOMS | 1999-04-16 | 1,763 | 1,763 | S/L | 10.0000 | ||||
| STORAGE ROOM IMPROVEMENT | 1999-11-15 | 1,161 | 1,161 | S/L | 5.0000 | ||||
| STRIPING AND POLISHING TILE FLOOR AND KITCHEN | 1999-11-30 | 1,177 | 1,177 | S/L | 5.0000 | ||||
| TILE HALLWAY | 2003-01-27 | 1,670 | 1,670 | S/L | 10.0000 | ||||
| LEASHOLD IMPROVEMENTS | 2004-06-30 | 9,841 | 7,676 | S/L | 25.0000 | 394 | 394 | ||
| APPLIANCES | 1985-01-01 | 1,650 | 1,650 | S/L | 5.0000 | ||||
| REFRIGERATOR | 1989-01-09 | 3,194 | 3,194 | S/L | 7.0000 | ||||
| WOOD ARM/CHAIR | 1996-11-26 | 243 | 243 | S/L | 5.0000 | ||||
| RESTAURANT EQUIP - SANDRA TRUAX | 1997-06-13 | 550 | 550 | S/L | 7.0000 | ||||
| OFFICE FURNITURE - SCHMIDT GOODMAN | 1997-07-07 | 3,825 | 3,825 | S/L | 7.0000 | ||||
| NEW POOL TABLE | 1999-04-26 | 1,325 | 1,325 | S/L | 10.0000 | ||||
| FENCE | 2002-07-01 | 1,750 | 1,750 | S/L | 7.0000 | ||||
| SHOWER PROJECT | 2003-04-30 | 699 | 699 | S/L | 7.0000 | ||||
| MOHAGANY WALL UNIT (DONATED) | 2004-06-30 | 500 | 500 | S/L | 7.0000 | ||||
| PHONE STATION | 2006-08-14 | 4,318 | 4,318 | S/L | 7.0000 | ||||
| ELECTRICAL WORK - LOWER OFFICE | 2006-08-14 | 455 | 455 | S/L | 7.0000 | ||||
| OFFICE DESK | 2006-08-14 | 2,531 | 2,531 | S/L | 7.0000 | ||||
| LIVING ROOM FURNITURE | 2007-04-11 | 1,899 | 1,899 | S/L | 7.0000 | ||||
| BED FRAMES, MATRESSES & HEADBOARDS | 2007-09-04 | 16,277 | 16,277 | S/L | 7.0000 | ||||
| TILE | 2008-05-08 | 3,800 | 3,800 | S/L | 10.0000 | ||||
| EMERGENCY LIGHTS | 2009-05-08 | 625 | 625 | S/L | 7.0000 | ||||
| ROOF REFINISH | 2009-04-29 | 23,710 | 12,645 | S/L | 27.5000 | 862 | 862 | ||
| VINYL TILING | 2009-03-27 | 1,070 | 1,070 | S/L | 5.0000 | ||||
| CONDENSER | 2009-08-31 | 1,505 | 784 | S/L | 27.5000 | 55 | 55 | ||
| WATER HEATER | 2009-05-28 | 1,150 | 1,150 | S/L | 7.0000 | ||||
| 2007 FORD ECONOLINE 350 XLT VAN | 2012-03-05 | 14,233 | 14,233 | S/L | 5.0000 | ||||
| RE-KEY DOORS | 2012-04-09 | 2,820 | 2,820 | S/L | 7.0000 | ||||
| REMODEL RESIDENCE ROOMS | 2012-04-15 | 6,358 | 6,358 | S/L | 10.0000 | ||||
| 32 DRESSERS | 2012-08-23 | 6,780 | 6,780 | S/L | 7.0000 | ||||
| TILE FLOORING RESIDENCE ROOMS | 2012-08-23 | 11,647 | 11,647 | S/L | 10.0000 | ||||
| ASHLEY FURNITURE - 2 TABLES, 2 SOFAS, 4 LOVE | 2012-11-07 | 2,175 | 2,175 | S/L | 7.0000 | ||||
| SHOWER REMODEL | 2013-03-25 | 2,875 | 2,875 | S/L | 10.0000 | ||||
| KITCHEN A/C UNIT | 2013-06-26 | 1,500 | 1,500 | S/L | 10.0000 | ||||
| FRONT FENCE | 2013-07-31 | 1,425 | 1,425 | S/L | 7.0000 | ||||
| SECURITY CAMERAS | 2014-07-16 | 3,873 | 3,647 | S/L | 10.0000 | 226 | 226 | ||
| AC & FURNACE | 2016-07-05 | 19,045 | 9,523 | S/L | 15.0000 | 1,269 | 1,269 | ||
| DINING ROOM FLOORING | 2016-07-19 | 3,248 | 3,248 | S/L | 7.0000 | ||||
| LIVING ROOM FURNITURE | 2016-09-15 | 4,066 | 4,066 | S/L | 7.0000 | ||||
| SIMPLICITY SNOW BLOWER | 2017-02-28 | 1,000 | 976 | S/L | 7.0000 | 24 | 24 | ||
| COMMERICIAL FRIDGE-TOTAL REST. | 2017-08-05 | 2,062 | 1,890 | S/L | 7.0000 | 172 | 172 | ||
| 13 AC UNITS | 2018-11-07 | 15,000 | 11,071 | S/L | 7.0000 | 2,143 | 2,143 | ||
| 7 AC UNITS | 2019-10-17 | 8,700 | 5,179 | S/L | 7.0000 | 1,242 | 1,242 | ||
| CARPET MENS FLOOR AND STAIRS | 2020-05-26 | 5,000 | 3,583 | S/L | 5.0000 | 1,000 | 1,000 | ||
| FREEZER 49 CUBIC FEET | 2020-05-06 | 2,699 | 1,979 | S/L | 5.0000 | 540 | 540 | ||
| PARKLING LOT BLACKTOP | 2021-10-02 | 14,138 | 2,121 | S/L | 15.0000 | 942 | 942 | ||
| SANITIZER | 2021-10-25 | 7,220 | 2,235 | S/L | 7.0000 | 945 | 945 | ||
| DRYER | 2021-11-17 | 1,416 | 421 | S/L | 7.0000 | 203 | 203 | ||
| WATER SOFTENER | 2022-01-31 | 3,675 | 1,006 | S/L | 7.0000 | 525 | 525 | ||
| STAFF FRIDGE | 2022-10-21 | 2,159 | 360 | S/L | 7.0000 | 308 | 308 | ||
| PTAC UNIT | 2022-08-25 | 1,850 | 352 | S/L | 7.0000 | 265 | 265 | ||
| DRYERS | 2023-06-20 | 3,780 | 270 | S/L | 7.0000 | 540 | 540 | ||
| SANITIZER CMA-UC18OUC | 2024-12-05 | 8,139 | S/L | 5.0000 | 136 | 136 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SANITIZER | 2021-10 | PURCHASE | 2024-12 | 7,220 | -4,040 | 3,180 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 1,184,610 | 1,131,347 | 53,263 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RIGHT-OF-USE ASSETS | 9,678 | 7,566 | 7,566 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 12,347 | 12,347 | ||
| BAD DEBT | 8,875 | 8,875 | ||
| CONTINUING EDUCATION | 2,540 | 2,540 | ||
| DUES AND SUBSCRIPTIONS | 2,146 | 2,146 | ||
| FOOD | 109,759 | 62,487 | 47,272 | |
| INSURANCE | 33,111 | 33,111 | ||
| MEDICAL SUPPLIES | 1,750 | 1,750 | ||
| MISCELLANEOUS | 1,341 | 1,341 | ||
| OFFICE SUPPLIES | 8,768 | 8,768 | ||
| REPAIRS AND MAINTENANCE | 23,392 | 23,392 | ||
| SUPPLIES AND HOUSEKEEPING | 22,439 | 22,439 | ||
| TELEPHONE | 8,473 | 8,473 | ||
| WASTE REMOVAL | 5,092 | 5,092 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RESIDENT FEES | 761,440 | 761,440 | |
| BAD DEBT RECOVERIES | 10,051 | 10,051 | |
| MISCELLANEOUS RECEIPTS | 814 | 814 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| REFUNDS PAYABLE | 70,129 | 33,289 |
| LEASE OBLIGATIONS | 9,678 | 7,566 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT WRITING | 806 | 806 |