Springwood Manor Inc.

“Expenses advertising 340 supplies 1,308 telephone and answering 1,015 cable, internet, software 1,991 postage/delivery 41 paper shred services 12 worker's compensation 56 property and liab ins (hazard 5,307 fidelity bond insurance 25 other renting expenses 44 contracts-grounds 4,800 contracts-repairs 12,359 contracts-exterminating 1,527 contracts - payroll/human 285 garbage and trash removal 516 heating/cooling repairs/m 1,166 contracts-misc 119 it services 1,500 appliances-stove/refr. 716 contracts - rehab 4,069 repairs materials 2,263 supplies - flooring 5,057 supplies-paint 558 bad debt expense 196 bank service charges 54 finance charges/late fees 44 non-investment depreciation 16,561 total 61,929”

“Accounts receivable 0 1,135 33,366 33,366 less accumulated depreciation 33,366 33,366 residual receipts 0 0 security deposit cash 2,752 2,769 escrow accounts 14,289 13,873 reserve for replacement 65,835 73,370 total 82,876 91,147”

“Accounts payable and accrued expenses 13,108 6,590 deferred revenue 3 245 ten sec deposits held in trust 2,503 2,513”

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