Fleming Co Habitat for Humanity Inc

“National habitat for humanity 308”

“Expenses liabilitiy insurance - constr 2,288 licenses/taxes 53 fees 150 unamortized discount 14,053 escrow - insurance/taxes 5,415 non-investment depreciation 207 total 22,166”

“Mortages recievable 347,169 347,169 less payments recv -81,747 -105,969 less unamortiz disc -136,367 -122,314 equipment 2,213 0 computer eq 0 1,302 less accumulated depreciation 0 1,209 software 0 350 less accumulated depreciation 0 350 equipment 0 150 less accumulated depreciation 0 118 house - const in progress 35,538 68,148 total 166,806 187,159”

“Escrow (ins & taxes) 1,597 2,641 mortgage and other notes payable 50,713 50,713”

“Program is a home ownership program. The organization builds homes provided by donated items, donated labor, discounted costs, etc. The organization then sells its home to low income families that are qualified through a screening and selection process. The recipients must also donate hours on builds. To date, the organization has provided 6 homes that have provided affordable housing to 6 families. The homes are sold with no profit motive. The sale of homes provides funding for the next home build. At the end of year, the organization has a home build in process.”