| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bookkeeping and bank reconciliation | 5,881 | 0 | 5,881 | 0 |
| Fees to prepare and file Form 1120 for subsidiaries that made 168h election | 8,806 | 0 | 8,806 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land for The Delegate project in Aurora CO | 0 | 0 | 6,700,000 | 6,700,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | NL Parklands V4 Land Co |
| Lender's Title | LLC |
| Relationship to Insider | None |
| Original Amount of Loan | 1,700,000 |
| Balance Due | 1,700,000 |
| Date of Note | 2025-09 |
| Maturity Date | 2030-09 |
| Repayment Terms | Principal and interest due at maturity or repayment |
| Interest Rate | 0.02 |
| Security Provided by Borrower | Second mortgage on land held for future low income affordable housing development |
| Purpose of Loan | Land purchase |
| Description of Lender Consideration | Land purchase note |
| Consideration FMV | 1700000 |
| Item No. | 2 |
|---|---|
| Lender's Name | Colorado Housing and Finance |
| Lender's Title | Authority |
| Relationship to Insider | None |
| Original Amount of Loan | 5,000,000 |
| Balance Due | 5,000,000 |
| Date of Note | 2025-09 |
| Maturity Date | 2030-09 |
| Repayment Terms | Interest and principal due at maturity or repayment |
| Interest Rate | 0.02 |
| Security Provided by Borrower | Mortgage on land in Aurora,CO held for development of low income affordable housing |
| Purpose of Loan | Land purchase |
| Description of Lender Consideration | No special consideration -- advance for land purchase |
| Consideration FMV | 5000000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Directors and Officers insurance | 2,110 | 0 | 2,110 | 0 |
| Software and Technology | 3,288 | 0 | 3,288 | 0 |
| Other business expenses and travel | 6,129 | 0 | 6,129 | 0 |
| Office supplies and equipment | 4,773 | 0 | 4,773 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Asset Management Fees - Low Income Housing partnerships | 34,286 | 0 | 34,286 |
| Development Advisory Fees from Low Income Housing | 900,000 | 0 | 900,000 |
| Expense reimbursement clearing | 704 | 0 | 704 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Lillie R Campbell House LP |
424,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Database and reporting | 7,336 | 0 | 7,336 | 0 |
| Bank fees | 215 | 0 | 215 | 0 |
| State fee for annual filings | 390 | 0 | 390 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Business fees and corporate annual registrations | 4,901 | 0 | 4,901 | 0 |
| State license and registration | 350 | 0 | 350 | 0 |