| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 2,375 | 1,188 | 1,187 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ERP OPERATING LI | 50,331 | 49,850 |
| FAIRFAX FINL HOL | 48,806 | 48,521 |
| HEALTHCARE REALTY | 44,025 | 44,784 |
| ILLUMINA, INC. | 31,425 | 31,871 |
| NXP B.V. | 51,149 | 51,000 |
| THE HANOVER INSUR | 63,809 | 63,993 |
| THE VALSPAR CORP | 53,488 | 53,907 |
| UNUM GROUP | 17,888 | 17,932 |
| ALLY FINL INC | 10,003 | 10,018 |
| SPIRE INC | 7,022 | 7,012 |
| ALBEMARLE CORP | 31,778 | 32,175 |
| PACIFIC GAS AND | 30,061 | 30,502 |
| EDISON INTERNTNL | 25,247 | 25,671 |
| FIRST INDUSTRIAL | 30,770 | 30,529 |
| HORACE MANN EDUC | 31,788 | 32,100 |
| PACIFIC GAS AND E | 20,361 | 20,930 |
| AT&T CORP | 31,161 | 31,520 |
| CNO FINL GROUP | 32,866 | 33,534 |
| F&G ANNUITIES & L | 29,275 | 29,146 |
| JEFFERIES FINL GR | 8,010 | 8,005 |
| CELANESE US HOLDI | 7,014 | 7,005 |
| U.S. BANCORP | 17,000 | 17,019 |
| WHIRLPOOL CORP | 7,042 | 6,983 |
| JEFFERIES FINL GROU | 37,035 | 37,181 |
| DEUTSCHE BANK A5.55% | 10,012 | 10,043 |
| THE AES CORP | 30,800 | 30,735 |
| JEFFERIES FINL GROU 05/31/32 | 20,070 | 20,114 |
| UNUM GROUP 06/15/32 | 15,624 | 15,296 |
| ALLTEL CORP | 45,077 | 44,224 |
| HILLSHIRE BRAND | 58,275 | 58,316 |
| ORACLE CORP | 61,330 | 60,283 |
| MORGAN STANLEY FI | 5,016 | 4,994 |
| PACIFICORP | 14,222 | 14,179 |
| BROADSTONE NET LEAS | 28,920 | 29,028 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABRDN PHYSICAL GOLD | AT COST | 62,776 | 141,685 |
| AKAMAI TECHNOLO | AT COST | 14,286 | 13,784 |
| ALEXANDRIA REAL ESTATE | AT COST | 9,468 | 5,775 |
| AMERICOLD RLTY TR INC | AT COST | 58,642 | 58,281 |
| ARTESIAN RES CORP | AT COST | 60,454 | 55,476 |
| BROADSTONE NET LEASE INC | AT COST | 28,010 | 29,546 |
| CNAFINL CORP | AT COST | 61,150 | 59,914 |
| DAIKIN INDS LTD | AT COST | 11,330 | 11,615 |
| HEALTHPEAK PPTYS INC | AT COST | 73,390 | 58,612 |
| HORMEL FOODS CORP | AT COST | 34,219 | 30,336 |
| INFINEON TECHNOLOGIES | AT COST | 4,605 | 6,421 |
| KIMBERLY CLARK DE MEXI F | AT COST | 41,592 | 56,902 |
| LXP INDUSTRIAL | AT COST | 62,313 | 61,513 |
| NEXTERA ENERG 7.299% PFD | AT COST | 41,375 | 44,988 |
| NIKE INC | AT COST | 14,010 | 13,124 |
| NORTHWESTERN ENERGY GROU | AT COST | 22,744 | 28,010 |
| ON SEMICONDUCTOR CO | AT COST | 13,317 | 13,054 |
| QIAGEN NV | AT COST | 4,980 | 4,992 |
| RAYONIER INC | AT COST | 62,780 | 59,819 |
| SILA RLTY TR INC | AT COST | 61,014 | 58,438 |
| WAL-MART DE MEXICO S A F | AT COST | 10,265 | 11,845 |
| ACCENTURE PLC IRELAND F | AT COST | 5,759 | 5,634 |
| ADVANCED DRAIN SYS INC D | AT COST | 4,106 | 5,359 |
| AGILENT TECHNOLOGIES INC | AT COST | 3,883 | 5,035 |
| ALPHABET INC | AT COST | 1,112 | 2,191 |
| AMAZON.COM INC | AT COST | 3,505 | 4,847 |
| APPLIED MATLS INC | AT COST | 3,340 | 5,397 |
| APTARGROUP INC | AT COST | 5,885 | 6,098 |
| ASM INTERNTNL NV ADR F | AT COST | 1,793 | 2,414 |
| ATLAS COPCO AB F | AT COST | 2,131 | 2,480 |
| BECTON DICKINSON & CO | AT COST | 5,461 | 6,016 |
| BEIERSDORF AG F | AT COST | 12,631 | 12,687 |
| COHEN & STEERS INC | AT COST | 2,137 | 2,260 |
| EVEREST REINSURANCE GR F | AT COST | 5,466 | 5,769 |
| FACTSET RESH SYS INC | AT COST | 6,629 | 6,094 |
| FRANKLIN ELEC INC | AT COST | 2,046 | 2,102 |
| FRP HLDGS INC | AT COST | 13,008 | 12,101 |
| IDEX CORP | AT COST | 11,941 | 12,100 |
| LINDSAY CORP | AT COST | 5,586 | 5,540 |
| MARSH & MCLENNAN COS INC | AT COST | 2,073 | 2,041 |
| MARTIN MARIETTA MATLS IN | AT COST | 2,230 | 2,491 |
| METTLER-TOLEDO INTL INC | AT COST | 4,143 | 5,577 |
| MIDDLESEX WTR CO | AT COST | 5,599 | 5,748 |
| MOWI ASA F | AT COST | 4,859 | 6,018 |
| NIPPON SANSO HLDGS | AT COST | 2,217 | 2,159 |
| PPG INDS INC | AT COST | 2,261 | 2,254 |
| ROGERS CORP | AT COST | 1,868 | 2,289 |
| SALESFORCE INC | AT COST | 12,449 | 13,775 |
| SANFILIPPO JOHN B & SON | AT COST | 2,221 | 2,047 |
| SIKA AG | AT COST | 2,129 | 2,309 |
| SKF AB | AT COST | 2,042 | 2,118 |
| SMC CORP JAPAN | AT COST | 10,359 | 10,940 |
| SONOVA HLDG AG | AT COST | 12,243 | 12,044 |
| SPIRAX GROUP PLC EQUIT | AT COST | 2,029 | 2,294 |
| STARBUCKS CORP | AT COST | 2,193 | 2,189 |
| SYMRISE AG | AT COST | 5,773 | 5,694 |
| THERMO FISHER SCIENTIFIC | AT COST | 4,271 | 5,795 |
| TIMKEN CO | AT COST | 1,994 | 2,187 |
| TOKYO ELECTRON LTD | AT COST | 3,648 | 5,444 |
| TOMRA SYS A/S | AT COST | 5,685 | 6,196 |
| VULCAN MATLS CO | AT COST | 2,123 | 2,282 |
| YORK WTR CO | AT COST | 5,045 | 5,190 |
| FARMLAND PARTNERS INC | AT COST | 2,134 | 1,938 |
| AVISTA CORP | AT COST | 52,760 | 55,767 |
| BRUKER CORP 6.375% PFD | AT COST | 10,599 | 14,640 |
| CLOROX CO | AT COST | 17,534 | 13,410 |
| CRODA INTL PLC | AT COST | 12,748 | 13,414 |
| DSM-FIRMENICH AG | AT COST | 15,051 | 15,307 |
| GLADSTONE LAND C 6% PFD | AT COST | 15,444 | 15,436 |
| HEALTHCARE REALTY TR A | AT COST | 25,455 | 28,391 |
| H2O AMERICA COM | AT COST | 14,145 | 14,697 |
| INTERPARFUMS INC | AT COST | 14,845 | 15,439 |
| INVITATION HOMES INC | AT COST | 31,877 | 29,541 |
| KENVUE INC | AT COST | 14,764 | 14,801 |
| LINEAGE INC EQUITY | AT COST | 72,070 | 60,235 |
| M&T BANK COR 5.625% PFD | AT COST | 22,204 | 22,660 |
| MORGAN STANLEY V 4% PFD | AT COST | 66,082 | 60,834 |
| NESTLE S A | AT COST | 14,333 | 15,311 |
| NEXTERA ENERG 7.234% PFD | AT COST | 14,730 | 14,625 |
| PORTLAND GEN ELEC CO | AT COST | 47,783 | 56,148 |
| QBE INS GROUP LTD | AT COST | 14,003 | 14,619 |
| RIO TINTO PLC | AT COST | 10,688 | 15,206 |
| SALMAR ASA | AT COST | 11,903 | 17,087 |
| SANOFI | AT COST | 14,323 | 14,393 |
| SCOR | AT COST | 14,842 | 16,548 |
| SEVERN TRENT PLC | AT COST | 24,466 | 29,793 |
| SMITHFIELD FOODS INC | AT COST | 26,212 | 28,404 |
| SODEXO | AT COST | 14,711 | 13,984 |
| TEXAS INSTRS INC | AT COST | 14,841 | 16,308 |
| THE GOLDMAN SACH 4% PFD | AT COST | 49,814 | 46,622 |
| TRUIST FINL 4.5148% PFD | AT COST | 56,855 | 44,703 |
| U.S. BANCORP 5.56% PFD | AT COST | 16,656 | 15,708 |
| U.S. BANCORP 7.189% PFD | AT COST | 31,145 | 28,286 |
| UMB FINL CORP 7.75% PFD | AT COST | 21,144 | 22,410 |
| VEOLIA ENVIRONMENT | AT COST | 24,770 | 30,033 |
| WAL-MART DE MEXICO S A F | AT COST | 11,773 | 13,777 |
| ABRDN PHYSICAL GOLD | AT COST | 52,188 | 85,241 |
| GLADSTONE LAND COR 5%PFD | AT COST | 44,506 | 44,770 |
| MID-AMER APT CMNTYS INC | AT COST | 30,310 | 30,560 |
| POTLATCHDELTIC CORP | AT COST | 30,116 | 30,790 |
| REINSURANCE GR 7.125% PFD | AT COST | 22,601 | 22,718 |
| REINSURANCE GRO 5.75% PFD | AT COST | 22,783 | 23,083 |
| LOAN INVESTMENT - ANTIOCH CHURCH | AT COST | 380,000 | 380,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSE | 1,377 | 1,377 | 0 | |
| SOFTWARE EXPENSES | 4,168 | 4,168 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 1,302 | 1,302 | 0 |
| Name | Address |
|---|---|
| CHAD M BAUMLER |
PO BOX 861245 SHAWNEE,KS66286 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS TAX PAYMENT - FEDERAL TAX | 2,746 | 0 | 0 | |
| FOREIGN TAXES PAID | 1,064 | 1,064 | 0 | |
| PAYROLL TAXES | 1,649 | 824 | 825 |