| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDITING EXPENSE | 19,198 | 19,198 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 1997-12-01 | 39,289 | STRAIGHT LINE | ||||||
| CHAIN LINK FENCE | 1998-06-15 | 8,062 | 8,062 | STRAIGHT LINE | 15.0000 | ||||
| SEAL PARKING LOT | 2002-10-01 | 950 | 950 | STRAIGHT LINE | 5.0000 | ||||
| INSTALL DRAIN SYSTEM & TREE REMOVAL | 2011-11-01 | 6,580 | 5,520 | STRAIGHT LINE | 15.0000 | 439 | 439 | ||
| SEAL AND RESTRIPE PARKING LOT | 2013-09-10 | 2,200 | 2,200 | STRAIGHT LINE | 5.0000 | ||||
| EXTERIOR STAIR TREADS | 2016-05-11 | 2,699 | 2,699 | STRAIGHT LINE | 5.0000 | ||||
| PAVING, RELINING AND HANDICAP LOGOS | 2017-05-16 | 14,750 | 10,448 | STRAIGHT LINE | 10.0000 | 1,475 | 1,475 | ||
| BUILDING | 1997-12-01 | 2,262,962 | 1,503,858 | STRAIGHT LINE | 40.0000 | 56,505 | 56,505 | ||
| SIGN | 1998-09-19 | 1,152 | 1,152 | STRAIGHT LINE | 10.0000 | ||||
| A/C COMPRESSOR | 2002-06-15 | 645 | 645 | STRAIGHT LINE | 5.0000 | ||||
| AUTOMATIC DOORS | 2003-01-01 | 3,920 | 3,920 | STRAIGHT LINE | 10.0000 | ||||
| TRAP INSULATION | 2008-06-06 | 1,174 | 1,174 | STRAIGHT LINE | 5.0000 | ||||
| FREEZER/REFRIGERATOR | 2008-06-06 | 907 | 907 | STRAIGHT LINE | 5.0000 | ||||
| PANIC DEVICES | 2008-05-31 | 605 | 605 | STRAIGHT LINE | 7.0000 | ||||
| FLOORING | 2007-10-09 | 854 | 854 | STRAIGHT LINE | 7.0000 | ||||
| LETTER FOR BUILDING | 2008-06-30 | 1,401 | 1,401 | STRAIGHT LINE | 10.0000 | ||||
| AIR PURIFIERS | 2009-06-30 | 2,481 | 2,481 | STRAIGHT LINE | 7.0000 | ||||
| ROOF REPAIR | 2011-12-20 | 4,975 | 4,146 | STRAIGHT LINE | 15.0000 | 332 | 332 | ||
| HVAC - 5 | 2012-04-11 | 4,125 | 4,125 | STRAIGHT LINE | 7.0000 | ||||
| FRONT DOOR ENTRY SYSTEM | 2013-04-22 | 2,499 | 2,499 | STRAIGHT LINE | 10.0000 | ||||
| CARPET 107 | 2012-09-19 | 826 | 826 | STRAIGHT LINE | 7.0000 | ||||
| CARPET 108 | 2013-01-16 | 773 | 773 | STRAIGHT LINE | 7.0000 | ||||
| INFRARED DOOR DETECTOR | 2013-08-27 | 1,775 | 1,775 | STRAIGHT LINE | 10.0000 | ||||
| SURGE PROTECTOR | 2013-11-14 | 5,525 | 5,525 | STRAIGHT LINE | 10.0000 | ||||
| PTAC UNITS - 3 | 2014-06-24 | 2,857 | 2,857 | STRAIGHT LINE | 7.0000 | ||||
| HVAC - 6 | 2015-09-16 | 4,698 | 4,698 | STRAIGHT LINE | 7.0000 | ||||
| REWIRE NEW LIGHTS AND ADD BALLAST | 2016-05-02 | 3,567 | 3,092 | STRAIGHT LINE | 10.0000 | 357 | 357 | ||
| FIRST FLOOR CARPET | 2016-03-28 | 3,085 | 3,085 | STRAIGHT LINE | 7.0000 | ||||
| SECOND FLOOR CARPET | 2016-03-28 | 2,863 | 2,863 | STRAIGHT LINE | 7.0000 | ||||
| THIRD FLOOR CARPET | 2016-03-28 | 2,863 | 2,863 | STRAIGHT LINE | 7.0000 | ||||
| ACTIVITY ROOMS, 2ND & 3RD FLOORS | 2016-03-28 | 732 | 732 | STRAIGHT LINE | 7.0000 | ||||
| PTAC UNITS - 2 | 2017-06-30 | 1,647 | 1,647 | STRAIGHT LINE | 7.0000 | ||||
| PTAC UNITS - 15 | 2017-08-01 | 10,082 | 9,841 | STRAIGHT LINE | 7.0000 | 241 | 241 | ||
| 120 GAL COMMERCIAL WATER HEATER | 2018-02-08 | 3,399 | 2,153 | STRAIGHT LINE | 10.0000 | 340 | 340 | ||
| CARPET 303 AND 308 | 2018-01-26 | 1,061 | 973 | STRAIGHT LINE | 7.0000 | 88 | 88 | ||
| PTAC UNITS - 5 | 2019-01-22 | 3,483 | 2,696 | STRAIGHT LINE | 7.0000 | 498 | 498 | ||
| CARPET 202 AND 109 | 2019-06-14 | 1,167 | 848 | STRAIGHT LINE | 7.0000 | 167 | 167 | ||
| PTAC - 6 12,000 BTU | 2020-06-30 | 4,137 | 2,364 | STRAIGHT LINE | 7.0000 | 591 | 591 | ||
| PTAC - 2 7,500 BTU | 2020-06-30 | 1,247 | 712 | STRAIGHT LINE | 7.0000 | 178 | 178 | ||
| ROOF REPLACEMENT | 2020-09-22 | 149,860 | 29,972 | STRAIGHT LINE | 15.0000 | 9,991 | 9,991 | ||
| COOL/HEAT PUMP - 103 | 2021-06-29 | 4,425 | 1,896 | STRAIGHT LINE | 7.0000 | 632 | 632 | ||
| PLANK FLOORING-GROUND LEVEL | 2021-06-29 | 7,126 | 3,054 | STRAIGHT LINE | 7.0000 | 1,018 | 1,018 | ||
| CARPET 305 | 2022-02-16 | 1,112 | 519 | STRAIGHT LINE | 5.0000 | 222 | 222 | ||
| CARPET 109 | 2022-09-30 | 648 | 227 | STRAIGHT LINE | 5.0000 | 130 | 130 | ||
| CARPET 304 | 2022-09-30 | 983 | 344 | STRAIGHT LINE | 5.0000 | 197 | 197 | ||
| PLANK FLOORING 304 | 2022-09-30 | 321 | 112 | STRAIGHT LINE | 5.0000 | 64 | 64 | ||
| STORAGE SHED ROOF AND SIDING | 2022-11-30 | 2,900 | 459 | STRAIGHT LINE | 10.0000 | 290 | 290 | ||
| MULTIPURPOSE ROOM HVAC | 2023-06-26 | 5,466 | 781 | STRAIGHT LINE | 7.0000 | 781 | 781 | ||
| REPLACEMENT DOOR - MP ROOM | 2023-04-30 | 645 | 76 | STRAIGHT LINE | 10.0000 | 65 | 65 | ||
| FIRE DOORS FOR 101 & 207 | 2023-04-30 | 1,400 | 163 | STRAIGHT LINE | 10.0000 | 140 | 140 | ||
| BEDROOM DOORS 101,104,309 | 2023-04-30 | 2,100 | 245 | STRAIGHT LINE | 10.0000 | 210 | 210 | ||
| BATHROOM DOORS 101,104,309 | 2023-04-30 | 2,100 | 245 | STRAIGHT LINE | 10.0000 | 210 | 210 | ||
| CLOSET DOOR 101 | 2023-04-30 | 700 | 82 | STRAIGHT LINE | 10.0000 | 70 | 70 | ||
| PANTRY DOORS 101 | 2023-04-30 | 700 | 82 | STRAIGHT LINE | 10.0000 | 70 | 70 | ||
| ALARM & DETECTION 30 SMOKE/ALARM | 2024-04-03 | 1,823 | 46 | STRAIGHT LINE | 10.0000 | 182 | 182 | ||
| TRASH COMPACTOR | 1999-09-17 | 901 | 901 | STRAIGHT LINE | 8.0000 | ||||
| FRONT LOADING WASHER | 2001-02-14 | 995 | 995 | STRAIGHT LINE | 8.0000 | ||||
| FRONT LOADING WASHER | 2010-11-11 | 928 | 928 | STRAIGHT LINE | 7.0000 | ||||
| COIN OP DRYER | 2012-03-14 | 929 | 929 | STRAIGHT LINE | 7.0000 | ||||
| REFRIGERATOR | 2012-03-14 | 458 | 458 | STRAIGHT LINE | 7.0000 | ||||
| WASHER & DRYER | 2018-02-05 | 1,566 | 1,417 | STRAIGHT LINE | 7.0000 | 149 | 149 | ||
| SIDE BY SIDE REFRIGERATOR | 2019-06-30 | 1,087 | 776 | STRAIGHT LINE | 7.0000 | 155 | 155 | ||
| FRONT LOADING WASHER | 2019-09-16 | 1,569 | 1,065 | STRAIGHT LINE | 7.0000 | 224 | 224 | ||
| WASHER & DRYER | 2020-06-30 | 1,798 | 1,028 | STRAIGHT LINE | 7.0000 | 257 | 257 | ||
| REFRIGERATOR, 1 AND ELEC RANGES, 2 | 2020-06-30 | 1,449 | 828 | STRAIGHT LINE | 7.0000 | 207 | 207 | ||
| FRONT LOADING WASHER | 2022-09-15 | 1,785 | 510 | STRAIGHT LINE | 7.0000 | 255 | 255 | ||
| FREIGHT FOR DELIVERY | 2022-09-15 | 145 | 42 | STRAIGHT LINE | 7.0000 | 21 | 21 | ||
| DRYER | 2022-09-15 | 925 | 264 | STRAIGHT LINE | 7.0000 | 132 | 132 | ||
| FREIGHT FOR DELIVERY | 2022-09-15 | 145 | 42 | STRAIGHT LINE | 7.0000 | 21 | 21 | ||
| WASHERS | 2024-06-24 | 1,136 | STRAIGHT LINE | 7.0000 | 114 | 114 | |||
| COMPAQ PRESARIO | 1998-02-15 | 1,273 | 1,273 | STRAIGHT LINE | 5.0000 | ||||
| MINOLTA EP2152 COPIER | 2001-03-28 | 695 | 695 | STRAIGHT LINE | 5.0000 | ||||
| DIGITAL PRINTER | 2005-06-30 | 1,200 | 1,200 | STRAIGHT LINE | 5.0000 | ||||
| COMPUTER SOFTWARE | 2006-05-22 | 600 | 600 | STRAIGHT LINE | 3.0000 | ||||
| SECURITY SYSTEM | 2018-12-31 | 5,500 | 5,500 | STRAIGHT LINE | 5.0000 | ||||
| MAINT EQUIP - SNOW BLOW | 2004-12-12 | 798 | 798 | STRAIGHT LINE | 5.0000 | ||||
| ELECTROLUX SWEEPER | 2005-08-31 | 335 | 335 | STRAIGHT LINE | 5.0000 | ||||
| 20 HP RIDING MOWER | 2014-06-30 | 1,329 | 1,329 | STRAIGHT LINE | 5.0000 | ||||
| OTHER EQUIPMENT | 2014-06-30 | 1,381 | 1,339 | STRAIGHT LINE | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND IMPROVEMENTS | 35,241 | 31,793 | 3,448 | 3,400,000 |
| BUILDING | 2,525,821 | 1,690,094 | 835,727 | |
| BLDGS EQUIP PORTABLE | 15,816 | 11,657 | 4,159 | |
| OFFICE FURNITURE & EQUIPMENT | 9,268 | 9,268 | ||
| MAINTENANCE EQUIPMENT | 3,844 | 3,844 | ||
| LAND | 39,289 | 39,289 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSITS | 20,033 | 9,952 | 9,952 |
| RESERVE & REPLACEMENT | 78,017 | 98,498 | 98,498 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MANAGER'S APARTMENT | 9,972 | 9,972 | ||
| OFFICE EXPENSE | 8,238 | 8,238 | ||
| TELEPHONE/PAGER EXPENSE | 4,898 | 4,898 | ||
| ADVERTISING | 522 | 522 | ||
| BAD DEBTS | ||||
| MISC ADMIN EXPENSE | 308 | 308 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TENANT ASSISTANCE PAYMENTS | 203,526 | 203,526 | |
| TENANT RENTAL PAYMENTS, NET | 92,292 | 92,292 | |
| CABLE & UTILITIES | 7,286 | 7,286 | |
| MANAGER'S APT. REVENUE | 9,972 | 9,972 | |
| LAUNDRY & VENDING | 2,199 | 2,199 | |
| DAMAGES AND CLEANING FEES | 136 | 136 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSITS FUNDED | 10,311 | 9,916 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEE | 21,807 | 21,807 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 3,200 | 3,200 |