Devon Drive Group Home Inc.

“Expenses 1,649 utilities 6,559 trash removal 252 heating/cooling repairs 169 snow removal 455 v&m equip maint./repairs 135 misc operating expenses 6,581 misc. Taxes/permits/lisc 308 non-investment depreciation 11,540 total 27,648”

“Prepaid expenses and deferred charges 1,132 1,076 furnishings 11,230 11,230 less accumulated depreciation 7,160 7,952 building equipment 18,112 47,151 less accumulated depreciation 3,140 8,216 furniture 7,536 7,536 less accumulated depreciation 7,536 7,536 office furniture and equipment 585 585 less accumulated depreciation 585 585 maintenance equipment 552 552 less accumulated depreciation 552 552 total 20,174 43,289”

“Accounts payable and accrued expenses 338 1,010 tenant deposits held in trust 614 614”

“Devon drive group home, inc. Is a not-for-profit organization which is exempt from income tax under section 501(c)(3) of the internal revenue code and comparable state law. The organization owns and operates a four unit residential facility for disabled persons, located in caroline county, virginia. Substantially all revenues result from tenant rentals and rental subsidies from the u.s. Department of housing and urban development section 8 housing assistance program. The organization has been classified as a publicly supported organization under section 509 (a) of the code. The project is a section 811 project under the national affordable housing act. The organization is managed by rappahannock area community services board, whose executive director also serves on the organizations board of directors.”