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MAGNUS CHARITABLE TR: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MAGNUS CHARITABLE TR (EIN 36-4049284)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-21
IRS object ID
202312339349100706
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-08-21T11:26:28-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362700600PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WINEBERG SOLHEIM HOWELL & SHAIN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1180 N LASALLE ST STE 2200AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364049284EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGNUS CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGNBusinessNameControlTxt
Phone8475584490PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 E LOS OLAS BLVD UNIT 4304 4AddressLine1Txt
CityFT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARIA MAGNUSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8475584490PhoneNum
Signature2023-08-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARIAPersonFirstNm
Person LastMAGNUSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S SOLHEIM CPAPreparerPersonNm
PTINP00570974PTIN
Phone3123720440PhoneNum
Preparation2023-08-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,010,168FMVAssetsEOYAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$28InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$28InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$26,190DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,190DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$1,353,073GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1,353,073GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$141,495NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$9,557NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$572,657GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,557CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,388,848TotalRevAndExpnssAmt
Total Net Invst Incm$1,388,848TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$94,048DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$102,753DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$1,117,530OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,117,530OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,211,578TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,220,283TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$820,675ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$820,675ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,032,253TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,220,283TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$820,675TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$643,405ExcessRevenueOverExpensesAmt
Net Investment Income$168,565NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,363,502SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,468,672SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,468,672SavAndTempCashInvstEOYFMVAmt
Invst Land Cost Or Other Basis$7,600,532InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$2,059,082InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$5,656,404LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$5,541,450LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$5,541,496LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$8,019,906TotalAssetsBOYAmt
Total Assets EOY$7,010,122TotalAssetsEOYAmt
Total Assets EOYFMV$7,010,168TotalAssetsEOYFMVAmt
Other Liabilities BOY$224,265OtherLiabilitiesBOYAmt
Other Liabilities EOY$197,113OtherLiabilitiesEOYAmt
Total Liabilities BOY$224,265TotalLiabilitiesBOYAmt
Total Liabilities EOY$197,113TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$200CapitalStockBOYAmt
Capital Stock EOY$200CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$7,795,441RetainedEarningBOYAmt
Retained Earning EOY$6,812,809RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,795,641TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$6,813,009TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,019,906TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,010,122TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,795,641TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$643,405ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$7,152,236SubtotalAmt
Other Decreases$339,227OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$6,813,009TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
LT CAPITAL GAIN DISTRIBUTIONS2020-01-012022-12-31$49$49$49
JPM #8008 ST COVERED2022-01-012022-12-31$233,998-$9,774-$9,774$243,772
JPM #8008 LT COVERED2020-01-012022-12-31$338,610$19,282$19,282$319,328
FieldValueIRS element (for citing)
Capital Gain Net Income$9,557CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,343InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$2,343SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$2,343TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,216EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$6,216TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$3,873OverpaymentAmt
Applied To ES Tax$3,873AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARIA MAGNUSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8475584490PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 E LOS OLAS BLVD UNIT 4304AddressLine1Txt
CityFORT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33301ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARIA MAGNUS
100 E LOS OLAS BLVD UNIT 4304FT LAUDERDALEFL33301TRUSTEE20.00$0$0$0
VICTORIA MAGNUS
230 E OHIO STCHICAGOIL60611TRUSTEE20.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,916,087AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$7,500,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,416,087TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$9,416,087AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$141,241CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,274,846NetVlNoncharitableAssetsAmt
Minimum Investment Return$463,742MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$463,742MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,343TaxBasedOnInvestmentIncomeAmt
Total Tax$2,343TotalTaxAmt
Distributable Before Adj$461,399DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$461,399DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$461,399DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$820,675ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$820,675QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$461,399DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$33,161ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$149,184ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$182,345TotalExcessDistributionCyovAmt
Qualifying Distributions$820,675QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$461,399AppliedToCurrentYearAmt
Remaining Distri From Corpus$359,276RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$541,621TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$541,621ExcessDistriCyovToNextYrAmt
Excess From Year2$33,161ExcessFromYear2Amt
Excess From Year1$149,184ExcessFromYear1Amt
Excess From Current Year$359,276ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MAYO CLINIC
200 FIRST ST SWROCHESTERMN55905UNRELATED501(C)3GENERAL$500,000
INNOCENCE PROJECT OF TEXAS
300 BURNETT ST 160FORT WORTHTX76102UNRELATED501(C)3GENERAL$5,000
MEDEX FOUNDATION
5650 HOWARD STSKOKIEIL60077UNRELATED501(C)3GENERAL$18,000
SCHOLARSHIP RECIPIENTS PAID IN 2022
230 E OHIO ST STE 400CHICAGOIL60611UNRELATED501(C)3COLLEGE SCHOLARSHIPS$297,675
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$820,675TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,190ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$141,495ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,557ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$177,270ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$177,270TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail (15 entries)

Amortized ExpensesAmortizedExpensesDescAcquired Completed Or ExpendedAcquiredCompletedOrExpendedDtAmortizedAmortizedAmtDeduction For Prior YearsDeductionForPriorYearsAmtAmortization PeriodAmortizationPeriodRtCurrent Year AmortizationCurrentYearAmortizationAmtNet Investment IncomeNetInvestmentIncomeAmtTotal AmortizationTotalAmortizationAmt
LEASE COMM HOOTENANNY2012-03-02$60,800$56,050128.000000000000$4,750$4,750$60,800
LEASE COMM ASUG2012-10-30$193,375$177,265120.000000000000$16,110$16,110$193,375
LEASE COMM PULMONARY2012-12-07$28,770$28,77036.000000000000$0$28,770
LEASE COMM 4002013-01-31$30,363$30,36360.000000000000$0$30,363
LEASE COMM 4032013-05-10$18,769$18,76960.000000000000$0$18,769
LEASE COMM 4052013-07-29$9,555$9,55560.000000000000$0$9,555
LEASE COMM 4082013-11-01$10,125$10,12560.000000000000$0$10,125
LEASE COMM 4102013-11-01$2,168$2,16860.000000000000$0$2,168
LEASE COMM 6002014-06-01$53,331$53,33160.000000000000$0$53,331
LEASE COMM 2102014-01-01$1,925$1,92560.000000000000$0$1,925
LEASE COMM 6032014-07-01$17,106$17,10660.000000000000$0$17,106
LEASE COMM 104/2072014-08-01$17,448$17,44860.000000000000$0$17,448
LEASE COMM 4062014-11-20$4,976$4,97660.000000000000$0$4,976
LEASE COMM 3052015-01-14$14,645$14,64560.000000000000$0$14,645
LEASE COMM 1122015-01-22$7,935$7,93560.000000000000$0$7,935

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (46 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
FURNITURE2010-10-15$40,000$34,930200DB7.000000000000$0$0
BUILDING2005-07-01$2,513,502$1,136,721SL39.000000000000$64,449$64,449
LAND2005-07-01$3,448,076L$0$0
FORD VEHICLE2008-01-15$18,000$18,000200DB5.000000000000$0$0
EQUIPMENT2008-01-15$8,343$8,343200DB5.000000000000$0$0
CC TV CAMERA2008-10-15$391$309200DB5.000000000000$0$0
BUILDING IMPROVEMENTS2006-08-01$2,775$1,296SL39.000000000000$71$71
BUILDING IMPROVEMENTS 4TH2013-08-15$41,003$8,846SL39.000000000000$1,051$1,051
BUILDING IMPROVEMENTS 6TH2013-11-18$10,790$2,239SL39.000000000000$277$277
BUILDING IMPROVEMENTS LOBBY2013-02-19$8,016$1,819SL39.000000000000$206$206
BUILDING IMPROVEMENTS WASHROOM2013-03-18$29,681$6,659SL39.000000000000$761$761
BUILDING IMPROVEMENTS #2072013-09-18$8,961$1,897SL39.000000000000$230$230
BUILDING IMPROVEMENTS #2082013-01-15$1,809$414SL39.000000000000$46$46
BUILDING IMPROVEMENTS #4002013-01-31$106,744$24,405SL39.000000000000$2,737$2,737
BUILDING IMPROVEMENTS #4032013-05-10$58,788$13,061SL39.000000000000$1,507$1,507
BUILDING IMPROVEMENTS #4052013-07-29$37,630$8,122SL39.000000000000$965$965
BUILDING IMPROVEMENTS #4082013-11-01$35,490$7,432SL39.000000000000$910$910
BUILDING IMPROVEMENTS #4102013-11-01$27,348$5,725SL39.000000000000$701$701
BUILDING IMPROVEMENTS #5002013-01-15$53,736$12,402SL39.000000000000$1,378$1,378
BUILDING IMPROVEMENTS #7062013-12-17$2,016$416SL39.000000000000$52$52
FURNITURE 20132013-01-18$1,445$722200DB7.000000000000$0$0
BUILDING IMPROVEMENTS 1ST2014-09-04$19,631$3,689SL39.000000000000$503$503
BUILDING IMPROVEMENTS 4TH2014-04-14$6,681$1,325SL39.000000000000$171$171
BUILDING IMPROVEMENTS 6TH2014-07-14$28,821$5,543SL39.000000000000$739$739
BUILDING IMPROVEMENTS 1012014-06-16$2,470$473SL39.000000000000$63$63
BUILDING IMPROVEMENTS #1022014-12-15$4,492$815SL39.000000000000$115$115
BUILDING IMPROVEMENTS #1062014-12-15$5,186$942SL39.000000000000$133$133
BUILDING IMPROVEMENTS #2072014-08-01$40,279$7,661SL39.000000000000$1,033$1,033
BUILDING IMPROVEMENTS #3052014-02-01$9,223$1,869SL39.000000000000$236$236
BUILDING IMPROVEMENTS #4052014-02-17$3,887$783SL39.000000000000$100$100
BUILDING IMPROVEMENTS #4062014-12-15$28,843$5,242SL39.000000000000$740$740
BUILDING IMPROVEMENTS #6002014-06-01$154,814$30,106SL39.000000000000$3,970$3,970
BUILDING IMPROVEMENTS #6032014-07-01$73,568$14,145SL39.000000000000$1,886$1,886
BUILDING IMPROVEMENTS 1042015-06-01$23,167$3,911SL39.000000000000$594$594
BUILDING IMPROVEMENTS 1122015-01-01$34,026$6,104SL39.000000000000$872$872
BUILDING IMPROVEMENTS 3052015-01-01$44,394$7,966SL39.000000000000$1,138$1,138
BUILDING IMPROVEMENTS 4002015-10-01$9,815$1,575SL39.000000000000$252$252
BUILDING IMPROVEMENTS 4062015-10-01$6,250$1,000SL39.000000000000$160$160
BUILDING IMPROVEMENTS 6052015-02-01$53,168$9,428SL39.000000000000$1,363$1,363
FRIDGE2015-10-28$500$239200DB7.000000000000$11$60
2016 HONDA HRV2015-08-13$24,037$12,206200DB7.000000000000$648$1,811
OFFICE FURNITURE 20162016-02-15$47,435$20,542200DB7.000000000000$2,117$6,776
OFFICE FURNITURE 20162016-05-15$8,430$3,650200DB7.000000000000$377$1,204
OFFICE FURNITURE 20172017-07-01$18,506$7,189200DB7.000000000000$826$2,644
BUILDING IMPROVEMENTS2017-07-01$25,754$2,943SL39.000000000000$660$660
EQUIPMENT2019-07-01$1,320200DB7.000000000000$0$189

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (61 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
FURNITURE$40,000$34,930$5,070
BUILDING$2,513,502$1,201,170$1,312,332
LAND$3,448,076$0$3,448,076
FORD VEHICLE$18,000$18,000$0
EQUIPMENT$8,343$8,343$0
CC TV CAMERA$391$309$82
BUILDING IMPROVEMENTS$2,775$1,367$1,408
LEASE COMM HOOTENANNY$60,800$60,800$0
LEASE COMM ASUG$193,375$193,375$0
LEASE COMM PULMONARY$28,770$28,770$0
BUILDING IMPROVEMENTS 4TH$41,003$9,897$31,106
BUILDING IMPROVEMENTS 6TH$10,790$2,516$8,274
BUILDING IMPROVEMENTS LOBBY$8,016$2,025$5,991
BUILDING IMPROVEMENTS WASHROOM$29,681$7,420$22,261
BUILDING IMPROVEMENTS #207$8,961$2,127$6,834
BUILDING IMPROVEMENTS #208$1,809$460$1,349
BUILDING IMPROVEMENTS #400$106,744$27,142$79,602
BUILDING IMPROVEMENTS #403$58,788$14,568$44,220
BUILDING IMPROVEMENTS #405$37,630$9,087$28,543
BUILDING IMPROVEMENTS #408$35,490$8,342$27,148
BUILDING IMPROVEMENTS #410$27,348$6,426$20,922
BUILDING IMPROVEMENTS #500$53,736$13,780$39,956
BUILDING IMPROVEMENTS #706$2,016$468$1,548
FURNITURE 2013$1,445$1,445$0
LEASE COMM 400$30,363$30,363$0
LEASE COMM 403$18,769$18,769$0
LEASE COMM 405$9,555$9,555$0
LEASE COMM 408$10,125$10,125$0
LEASE COMM 410$2,168$2,168$0
BUILDING IMPROVEMENTS 1ST$19,631$4,192$15,439
BUILDING IMPROVEMENTS 4TH$6,681$1,496$5,185
BUILDING IMPROVEMENTS 6TH$28,821$6,282$22,539
BUILDING IMPROVEMENTS 101$2,470$536$1,934
BUILDING IMPROVEMENTS #102$4,492$930$3,562
BUILDING IMPROVEMENTS #106$5,186$1,075$4,111
BUILDING IMPROVEMENTS #207$40,279$8,694$31,585
BUILDING IMPROVEMENTS #305$9,223$2,105$7,118
BUILDING IMPROVEMENTS #405$3,887$883$3,004
BUILDING IMPROVEMENTS #406$28,843$5,982$22,861
BUILDING IMPROVEMENTS #600$154,814$34,076$120,738
BUILDING IMPROVEMENTS #603$73,568$16,031$57,537
LEASE COMM 600$53,331$53,331$0
LEASE COMM 210$1,925$1,925$0
LEASE COMM 603$17,106$17,106$0
LEASE COMM 104/207$17,448$17,448$0
LEASE COMM 406$4,976$4,976$0
LEASE COMM 305$14,645$14,645$0
LEASE COMM 112$7,935$7,935$0
BUILDING IMPROVEMENTS 104$23,167$4,505$18,662
BUILDING IMPROVEMENTS 112$34,026$6,976$27,050
BUILDING IMPROVEMENTS 305$44,394$9,104$35,290
BUILDING IMPROVEMENTS 400$9,815$1,827$7,988
BUILDING IMPROVEMENTS 406$6,250$1,160$5,090
BUILDING IMPROVEMENTS 605$53,168$10,791$42,377
FRIDGE$500$500$0
2016 HONDA HRV$24,037$24,014$23
OFFICE FURNITURE 2016$47,435$46,377$1,058
OFFICE FURNITURE 2016$8,430$8,242$188
OFFICE FURNITURE 2017$18,506$17,268$1,238
BUILDING IMPROVEMENTS$25,754$3,603$22,151
EQUIPMENT$1,320$1,320$0

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSSDesc
Amt$339,227Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$32,698$32,698$0
REPAIRS & MAINTENANCE$86,276$86,276$0
PROPERTY TAXES$520,561$520,561$0
UTILITIES$133,403$133,403$0
TAX REBATE$44,611$44,611$0
TELEPHONE$4,240$4,240$0
INTERNET$1,817$1,817$0
ADVERTISING$18,826$18,826$0
SUPPLIES$32,960$32,960$0
MANAGEMENT FEES$105,977$105,977$0
OFFICE EXPENSE$6,148$6,148$0
LOCAL TRAVEL$4,388$4,388$0
SECURITY$2,003$2,003$0
PROFESSIONAL EXPENSE$49,698$49,698$0
CLEANING & SUPPLIES$45,129$45,129$0
MISC$0$0$0
COMMISSIONS$7,935$7,935$0
AMORTIZATION$20,860$20,860$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
SECURITY DEPOSITS$222,515$197,113
OTHER LIABILITIES$1,750$0

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