| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 25,860 | 25,860 |
| 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 - FH, IL | 2005-01-01 | 376,439 | L | ||||||
| BUILDING - FH, IL | 2005-01-01 | 1,129,315 | 577,930 | M39 | 28,956 | ||||
| LAND - FH, IL | 2008-01-08 | 150,196 | L | 39 | |||||
| BUILDING - FH, IL | 2008-11-14 | 120,015 | 84,358 | M39 | 39 | 3,077 | |||
| LAND IMPROV-FH,IL | 2016-03-30 | 54,775 | 32,375 | DB | 15 | 2,240 | |||
| BUILDING- KATY, TX | 2009-01-26 | 331,059 | 135,113 | M39 | 8,488 | ||||
| IMPROV- KATY, TX | 2018-08-01 | 64,638 | 10,564 | M39 | 1,657 | ||||
| EQUIPMENT- KATY,TX | 2018-08-01 | 22,862 | 20,957 | SL | 7 | 1,905 | 1,905 | 1,905 | |
| LAND - KATY, TX | 2009-01-26 | 104,735 | L | ||||||
| LAND-PASADENA,TX | 2013-04-03 | 422,496 | L | ||||||
| BUILDING-PASADENA, | 2013-09-15 | 2,012,710 | 584,885 | M39 | 51,606 | ||||
| LAND-PASADENA,TX | 2015-05-04 | 242,877 | L | ||||||
| IMPROV-PASADENA,TX | 2015-05-31 | 767,300 | 490,216 | SL | 15 | 51,153 | 51,153 | 51,153 | |
| IMPROV-PASADENA,TX | 2015-06-30 | 141,831 | 89,823 | SL | 15 | 9,455 | 9,455 | 9,455 | |
| LAND-GLENWOOD, IL | 2014-05-05 | 187,500 | L | ||||||
| BUILDING-GLENWOOD, | 2014-05-05 | 562,500 | 153,845 | M39 | 14,423 | ||||
| IMPROV-GLENWOOD,IL | 2014-07-15 | 509,661 | 137,214 | M39 | 13,068 | ||||
| IMPROV-GLENWOOD,IL | 2015-06-30 | 230,529 | 56,155 | M39 | 5,911 | ||||
| IMPROV-GLENWOOD,IL | 2015-01-01 | 108,153 | 72,100 | SL | 15 | 7,210 | 7,210 | 7,210 | |
| EQUIP-GLENWOOD,IL | 2015-01-01 | 113,046 | 113,046 | M5 | |||||
| LAND-GLENWOOD II | 2017-01-01 | 73,669 | L | ||||||
| BUILDING-GLENWOOD | 2017-01-01 | 188,078 | 38,581 | M39 | 4,822 | ||||
| LAND IMPROV-GLENWO | 2017-01-01 | 137,924 | 75,254 | DB | 15 | 6,267 | |||
| LAND - KATY, TX | 2024-09-26 | 84,633 | L | ||||||
| IMPROV - KATY,TX | 2024-09-26 | 347,938 | 10,148 | DB | 15 | 33,779 | |||
| BLDG - KATY,TX | 2025-10-31 | 1,168,592 | M39 | 6,252 | |||||
| IMPROV - KATY,TX | 2025-10-31 | 39,571 | DB | 15 | 660 | ||||
| EQUIPMENT -KATY,TX | 2025-10-31 | 307,583 | DB | 7 | 10,985 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PUBLICLY TRADED SECURITIES- | 2,144,164 | 4,183,600 |
| DETAIL AVAILABLE UPON REQUEST |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 47TH STREET ASSOCIATES, LLC | AT COST | 501,064 | 501,064 |
| PARK UNDERWOOD, LLC | AT COST | 2,225,836 | 2,225,836 |
| CA-TELLCO FOUR, LLC | AT COST | 3,649,628 | 3,649,628 |
| TUFFSTONE PROPERTIES, LLC | AT COST | 2,556,665 | 2,556,665 |
| TUFF UT LLC | AT COST | 1,372,802 | 1,372,802 |
| TELLCO FIVE, LLC | AT COST | 1,687,062 | 1,687,062 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| GROSS AMORTIZATION | 164,816 | 100,011 | 100,011 |
| ACCUMULATED AMORTIZATION | -114,574 | -25,080 | -25,080 |
| NOTE RECEIVABLE | 0 | 332,090 | 332,090 |
| Description | Amount |
|---|---|
| BK/TAX DIFF IN INCOME - TUFF UT | 16,111 |
| BK/TAX DIFF IN INCOME - 47TH ST ASSOC | 1,029 |
| BK/TAX DIFF IN INCOME - TELLCO FIVE | 31,782 |
| BK/TAX DIFF IN INCOME - CA-TELLCO FOUR | 34,021 |
| BK/TAX DIFF IN INCOME - PARK UNDERWOOD | 37,512 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 5 | 5 | ||
| MANAGEMENT FEES | 19,827 | 19,827 | ||
| K-1 OTHER DEDUCTIONS | 2,938 | 2,938 | ||
| DUES & SUBSCRIPTIONS | 50 | 50 | ||
| Rent and Royalty Expense | 588,437 | 588,437 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Tuffstone Properties, LLC | 159,405 | 159,405 | |
| Tuff UT LLC | 149,073 | 149,073 | |
| 47th Street Associates, LLC | 95,525 | 95,525 | |
| Tellco Five, LLC | 128,137 | 128,137 | |
| CA-Tellco Four, LLC | 286,825 | 286,825 | |
| Park Underwood, LLC | 139,653 | 139,653 |
| Description | Amount |
|---|---|
| BK/TAX DIFF FROM K-1 OTHER DEDUCTIONS | 16,511 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEPOSITS | 20,422 | 20,422 |
| LOAN PAYABLE | 0 | 380,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 25,206 | 25,206 | ||
| BUSINESS FILING FEES | 220 | 220 | ||
| COMPOSITE STATE TAXES | 13,573 | 13,573 |