| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,436 | 0 | 6,436 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| CHEVY TRUCK | 2008-01-22 | 20,769 | 20,769 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| 2013 DODGE RAM | 2018-04-10 | 12,987 | 12,987 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BUILDINGS | 1980-09-01 | 126,825 | 126,825 | SL | 40.000000000000 | 0 | 0 | 0 | |
| MUSEUM ADDITION | 1989-03-01 | 154,122 | 154,122 | SL | 33.000000000000 | 0 | 0 | 0 | |
| BATHROOMS | 1992-07-01 | 28,661 | 28,661 | SL | 33.000000000000 | 0 | 0 | 0 | |
| BUILDING | 2000-01-01 | 18,175 | 18,175 | SL | 5.000000000000 | 0 | 0 | 0 | |
| ARTS BUILDING | 2001-12-12 | 109,769 | 64,858 | SL | 39.000000000000 | 2,815 | 0 | 0 | |
| FIRE HOUSE | 1999-12-14 | 61,000 | 39,166 | SL | 39.000000000000 | 1,564 | 0 | 0 | |
| WORKERS COTTAGE | 2002-01-01 | 25,750 | 21,493 | SL | 27.500000000000 | 936 | 0 | 0 | |
| ARTS BUILDING | 2002-07-03 | 106,636 | 61,403 | SL | 39.000000000000 | 2,734 | 0 | 0 | |
| ARTS BUILDING | 2003-06-11 | 5,371 | 2,971 | SL | 39.000000000000 | 138 | 0 | 0 | |
| WORKERS COTTAGE | 2003-01-01 | 31,813 | 17,916 | SL | 39.000000000000 | 816 | 0 | 0 | |
| BUILDING LOCK HOUSE | 2011-03-11 | 202,962 | 70,841 | SL | 39.000000000000 | 5,204 | 0 | 0 | |
| DISPLAY CASES | 2001-01-24 | 6,590 | 6,590 | SL | 7.000000000000 | 0 | 0 | 0 | |
| GLASS CASES | 2002-10-30 | 5,390 | 5,390 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| MISC FURNITURE & EQUIP | 2004-12-04 | 10,824 | 10,824 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE & FIXTURES | 2023-05-26 | 3,375 | 1,309 | 200DB | 7.000000000000 | 590 | 0 | 0 | |
| IMPROVEMENTS | 1993-01-01 | 137,111 | 137,111 | SL | 7.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1988-01-01 | 161,947 | 161,947 | SL | 10.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1989-01-01 | 18,221 | 18,221 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SOUND PAVILLION | 2000-10-01 | 2,553 | 2,553 | SL | 15.000000000000 | 0 | 0 | 0 | |
| WINDOWS & SIDING | 2001-04-01 | 21,170 | 12,872 | SL | 39.000000000000 | 543 | 0 | 0 | |
| SOUND PAVILLION | 2001-07-15 | 1,521 | 915 | SL | 39.000000000000 | 39 | 0 | 0 | |
| DRIVEWAY IMPROVEMENT | 2002-08-07 | 23,767 | 23,767 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| FURNANCE HERTEL HOUSE | 2004-11-19 | 2,440 | 1,263 | SL | 39.000000000000 | 63 | 0 | 0 | |
| FIREHOUSE IMPROVEMENTS | 2005-08-31 | 26,261 | 13,021 | SL | 39.000000000000 | 673 | 0 | 0 | |
| FIREHOUSE WINDOWS | 2006-05-10 | 2,500 | 1,193 | SL | 39.000000000000 | 64 | 0 | 0 | |
| FIREHOUSE IMPROVEMENTS | 2007-06-20 | 7,142 | 3,208 | SL | 39.000000000000 | 183 | 0 | 0 | |
| ELECTRIC LINE | 2008-12-03 | 9,056 | 9,056 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| FIREHOUSE INTERIOR DOORS | 2008-07-09 | 4,199 | 1,775 | SL | 39.000000000000 | 108 | 0 | 0 | |
| HOT WATER HEATER | 2009-02-18 | 4,151 | 1,686 | SL | 39.000000000000 | 106 | 0 | 0 | |
| WHITE MILLS COMMUNITY | 2009-12-11 | 39,945 | 39,945 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| FLOORING | 2009-03-20 | 3,049 | 3,049 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| PAINTING | 2009-08-19 | 13,100 | 13,100 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| MUSEUM ROOF | 2010-11-22 | 19,662 | 7,120 | SL | 39.000000000000 | 504 | 0 | 0 | |
| SEPTIC TANK | 2012-06-20 | 1,915 | 616 | SL | 39.000000000000 | 49 | 0 | 0 | |
| AIR CONDITIONING UNIT | 2013-08-23 | 3,930 | 3,118 | 150DB | 15.000000000000 | 81 | 0 | 0 | |
| HERTEL HOUSE FURNACE | 2015-12-01 | 4,955 | 1,154 | SL | 39.000000000000 | 127 | 0 | 0 | |
| STONE WALL/ROAD PROJECT | 2016-06-29 | 14,255 | 8,077 | SL | 15.000000000000 | 950 | 0 | 0 | |
| STONE WALKWAY | 2017-08-25 | 1,000 | 489 | SL | 15.000000000000 | 67 | 0 | 0 | |
| MUSEUM WINDOW & SIDING | 2019-07-04 | 9,400 | 1,316 | SL | 39.000000000000 | 241 | 0 | 0 | |
| HERTEL GARAGE ROOF | 2019-07-04 | 2,700 | 536 | SL | 27.500000000000 | 98 | 0 | 0 | |
| LAND | 1980-09-01 | 316,414 | L | 0 | 0 | 0 | |||
| CONTRIBUTED LAND | 2004-12-31 | 2,196 | L | 0 | 0 | 0 | |||
| EQUIPMENT | 1999-07-01 | 1,052 | 1,052 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COPIER | 2001-05-15 | 2,535 | 2,535 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2002-04-22 | 1,595 | 1,595 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| KUBOTA MOWER | 2003-01-08 | 7,832 | 7,832 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| KUBOTA TRACTOR | 2006-11-08 | 13,143 | 12,725 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| GOLF CART | 2007-06-07 | 2,968 | 2,968 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| TRAILER | 2008-07-09 | 1,050 | 1,050 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| COPIER | 2009-02-18 | 2,784 | 2,784 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| EQUIP & BOILER | 2011-10-04 | 5,625 | 5,625 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| TV & EQUIP | 2012-04-25 | 2,783 | 2,783 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| SNOWBLOWER | 2015-12-10 | 1,559 | 1,559 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| SIGNS | 2017-06-30 | 1,080 | 1,080 | SL | 5.000000000000 | 0 | 0 | 0 | |
| ZERO TURN MOWER | 2022-11-04 | 14,747 | 7,492 | 200DB | 7.000000000000 | 2,073 | 0 | 0 | |
| GOLF CART | 2022-03-18 | 8,470 | 5,229 | 200DB | 7.000000000000 | 926 | 0 | 0 | |
| WEBSITE | 2000-03-31 | 2,000 | 2,000 | SL | 3.000000000000 | 0 | 0 | 0 | |
| TRAIL SIGNS | 2008-04-09 | 20,000 | 20,000 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| BENCHES & CONTAINERS | 2010-06-06 | 2,067 | 2,032 | 200DB | 7.000000000000 | 0 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| JOHNSON & JOHNSON | 24,517 | 23,949 |
| VANGUARD FIXED INCOME SECS FINFLT PR | 15,003 | 11,870 |
| FEDERATED INVS HI YIELD BD | 7,706 | 7,158 |
| FEDERATED INCOME SECS TR FED STRG IN | 5,592 | 4,899 |
| FEDERATED INCOME SECS TR RL RTN BD I | 20,004 | 17,106 |
| FEDERATED TOTAL RETURN BOND FUND #328 | 37,214 | 34,633 |
| FEDERATED ULTRA SHORT BOND FUND #108 | 3,003 | 3,046 |
| FEDERATED INCOME SECS TR FED STRG INS | 37,006 | 30,902 |
| FEDERATED TOTAL | 10,001 | 9,958 |
| BOFA FINANCE LLC | 25,000 | 25,072 |
| THE PNC FINANCIAL SERVICES GROUP, INC | 14,564 | 14,859 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOT LABS | 2,497 | 12,529 |
| ABBVIE INC | 1,354 | 11,425 |
| ALPHABET INC | 3,257 | 7,845 |
| APPLE | 3,195 | 135,930 |
| APPLIED MATERIALS | 3,874 | 89,947 |
| BERKSHIRE HATHAWAY | 41,380 | 85,451 |
| BP PLC | 2,441 | 3,473 |
| BRISTOL MYERS SQUIBB | 5,259 | 8,091 |
| CARRIER GLOBAL CORPORATION | 1,291 | 5,284 |
| CATERPILLAR | 9,431 | 114,574 |
| CHEVRON | 5,534 | 6,858 |
| CINTAS | 12,921 | 35,733 |
| CITIGROUP INC | 2,235 | 5,835 |
| COLGATE PALMOLIVE | 5,775 | 11,853 |
| CUMMINS INC | 15,207 | 33,179 |
| CVS HEALTH | 2,986 | 3,968 |
| JOHN DEERE & CO | 5,415 | 6,984 |
| DIMECO | 76,766 | 101,325 |
| EMERSON ELEC CO | 6,739 | 9,954 |
| EXON MOBIL CORP | 10,333 | 12,034 |
| FORD MTR CO | 3,150 | 3,280 |
| FREEPORT-MCMORAN, INC | 1,957 | 2,536 |
| GENERAL MILLS | 8,820 | 8,138 |
| HP INC | 4,237 | 3,342 |
| ILLINOIS TOOL WORKS | 9,506 | 30,788 |
| INTERNATIONAL BUSINESS MACHINES | 11,137 | 29,621 |
| ISHARES NA TECH | 4,843 | 61,997 |
| ISHARES S&P 600 SMALL CAP GROWTH | 5,732 | 17,645 |
| JOHNSON & JOHNSON | 1 | 20,695 |
| LOCKHEED MARTIN CORP | 4,493 | 4,837 |
| LOWES | 3,012 | 36,174 |
| LYONDELLBASELL INDUSTRIES | 8,763 | 4,114 |
| MICRON TECHNOLOGY | 3,627 | 14,271 |
| MSC INDL DIRECT | 17,153 | 16,820 |
| NORTHROP GRUMMAN CORP | 4,636 | 5,702 |
| NORWOOD | 46,073 | 156,715 |
| OTIS WORLDWIDE | 1,937 | 4,368 |
| PERKIN ELMER | 642 | 2,419 |
| PFIZER | 3,462 | 2,490 |
| PROCTOR & GAMBLE | 15,362 | 26,512 |
| SPDR SELECT SECTOR HEALTHCARE | 10,903 | 22,446 |
| SYSCO | 6,422 | 14,738 |
| TARGET | 6,489 | 9,775 |
| VANECK EFT TRUST | 13,887 | 18,428 |
| VANGUARD ENERGY | 13,691 | 15,740 |
| VANGUARD INDUSTRIES | 9,753 | 44,757 |
| VANGUARD LARGE CAP GROWTH | 12,895 | 39,029 |
| VANGUARD LARGE CAP VALUE | 15,958 | 38,198 |
| VANGUARD MATERIALS | 13,644 | 31,133 |
| VANGUARD MSCI EMERGING MKTS | 4,661 | 5,376 |
| FEDERATED INVESTORS STRG VAL DV INST | 13,867 | 16,592 |
| ISHARES TR PTD | 9,711 | 9,288 |
| GILEAD SCIENCES | 2,347 | 3,682 |
| HALLIBURTON CO | 4,324 | 4,239 |
| NUCOR CORP | 11,063 | 11,418 |
| NVIDIA CORPORATION | 9,480 | 18,650 |
| RTX CORPORATION | 1,077 | 4,585 |
| SLB LIMITED | 2,378 | 1,919 |
| UNITED PARCEL SERVICE | 9,560 | 7,439 |
| VANGUARD WORLDWIDE | 29,299 | 37,689 |
| WESTERN UNION | 2,444 | 1,862 |
| OMNICOM GROUP INC | 2,220 | 2,019 |
| UNITEDHEALTH GROUP INC | 1,602 | 1,651 |
| MERCK & CO INC | 3,806 | 5,263 |
| AMAZON.COM INC | 2,219 | 2,308 |
| SPDR STATE STREET MATERIALS SELECT SECTOR | 4,208 | 4,535 |
| FEDERATED INVESTORS STRG VAL DV INST | 36,008 | 39,792 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 1,407,034 | 1,091,642 | 315,392 | |
| FURNITURE & FIXTURES | 26,179 | 24,703 | 1,476 | |
| LAND | 318,610 | 0 | 318,610 | |
| MACHINERY & OTHER EQUIPMENT | 91,290 | 83,340 | 7,950 | |
| TRANSPORTATION EQUIPMENT | 33,756 | 33,756 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 50 | 50 | 50 |
| GLASS MUSEUM COLLECTION | 237,820 | 237,820 | 237,820 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MUSIC DIRECT COSTS | 82,784 | 0 | 82,784 | 0 |
| INSURANCE | 22,390 | 0 | 22,390 | 0 |
| OPERATIONS | 14,764 | 0 | 14,764 | 0 |
| EITC EXPENSE | 339 | 0 | 339 | 0 |
| OFFICE | 9,949 | 0 | 9,949 | 0 |
| ADVERTISING | 12,714 | 0 | 12,714 | 0 |
| TELEPHONE & INTERNET | 3,120 | 0 | 3,120 | 0 |
| DUES/MEMBERSHIPS | 482 | 0 | 482 | 0 |
| EVENTS | 6,844 | 0 | 6,844 | 0 |
| EXCESS CHARITABLE EXPENDITURE | 0 | 0 | -253,268 | 253,268 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MUSIC FESTIVAL | 92,959 | 92,959 | |
| MUSEUM ADMISSIONS | 2,956 | 2,956 | |
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | 6,031 | 6,031 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 3,402 | 3,372 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRUSTEE AND INVESTMENT FEES | 15,998 | 15,998 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| GIFT SHOP | 38,675 | 33,536 | 5,139 |
| Name | Address |
|---|---|
| TOP NOTCH DISTRIBUTORS INC |
413 ERIE ST HONESDALE,PA18431 |
| MARK GRAHAM II |
211 VERSAILLES DRIVE CARY,NC27511 |
| JACK W DAKEY ESTATE |
1622 LAYTON ROAD SCOTT TOWNSHIP,PA18447 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SALES TAX | 2,155 | 0 | 2,155 | 0 |
| PAYROLL TAX | 13,514 | 0 | 13,514 | 0 |