Springwood Manor Inc.

“Expenses advertising 231 supplies 717 telephone and answering 775 cable, internet, software 1,377 printing costs/maintenance 337 postage/delivery 24 paper shred services 6 office equipment 38 conventions and meetings 732 worker's compensation 187 health ins and other empl ben 1,358 other renting expenses 28 finance charges/late fees 52 repairs materials 1,593 appliances-stove/refr. 3,446 supplies-paint 648 auto fuel 249 contracts-grounds 6,405 contracts-repairs 1,986 contracts-exterminating 915 contracts-misc 70 contracts-plumbing 900 contracts-carpet cleaning 220 contracts - payroll/human 688 contracts - rehab 12,832 garbage and trash removal 499 heating/cooling repairs/m 3,018 non-investment depreciation 16,182 total 55,513”

“Accounts receivable 0 1,001 33,366 33,366 less accumulated depreciation 33,366 33,366 accounts recervable 380 0 33,366 0 less accumulated depreciation -33,366 0 tenant deposits held in trust 2,963 0 reserve for replacements 37,954 0 escrow 16,990 0 security fsb xxx-xx-xxxx 0 2,635 escrow fsb 21085927 0 8,969 reserve fsb xxx-xx-xxxx 0 50,019 residual receipts fsb 21444560 0 2,748 total 58,287 65,372”

“Accounts payable and accrued expenses 1,493 4,139 deferred revenue 0 3 tenant security deposits 2,727 0 ten sec deposits held in trust 0 2,399”

“Provide housing for low-income elderly and disabled persons as stipulated under u.s. Department of housing and urban development guidelines.”