Kelsch Homes Inc

“Madalyn valesky is the daughter of john f., and deborah kelsch”

“NO OTHER COMMITTEES”

“All directors are allowed the oppertunity to review the 990 before it is filed”

“UPON REQUEST”

“UPON REQUEST”

“Fidutiary cash $185,073, prepaid expenses $185,073”

“Fiduciary payable $185,073”

“Lender: state of new jersey original amount: $198,529 date of note: 06/01/2006 maturity date: 06/01/2026 repayment terms: 5% to be forgiven annually purpose of loan: fund major maintenance projects beginning balance due........................................82,542 ending balance due...............................................72,616 lender: bank line of credit original amount: $250,000 date of note: 06/09/2017 maturity date: 12/31/2049 repayment terms: interest only security provided: organizational assets and contracts purpose of loan: working capital beginning balance due...........................250,000 ending balance due..................................250,000 lender: bank mortgage loan original amount: $635,000 interest rate: 5.1500% date of note: 06/09/2016 maturity date: 06/09/2023 security provided: mortgaged properties beginning balance due..................................622,308 ending balance due.........................................608,938 lender: bank mortgage loan original amount: $700,000 interest rate: 5.1500% date of note: 06/09/2017 maturity date: 03/31/2024 security provided: mortgaged properties beginning balance due.....................................694,967 ending balance due............................................676,082 lender: bank loan original amount: $2,200,000 interest rate: 5.5000% date of note: 07/27/2018 maturity date: n/a - revolving security provided: mortgaged properties beginning balance due.....................................0 ending balance due............................................1,716,150 total beginning mortgages and other notes payable $1,649,818 total ending mortgages and other notes payable $3,323,785”