Barnwell IV Inc.

“Expenses interest on mortgage payable 34,174 supplies 1,610 misc. Admin expenses 3,797 other taxes 91 non-investment depreciation 21,644 total 61,316”

“Accounts receivable 2,610 291 prepaid expenses and deferred charges 1,605 460 tenant deposits held in trust 1,388 3,358 restricted deposits 38,450 37,793 advances to project owner 0 8,899 total 44,053 50,801”

“Accounts payable and accrued expenses 8,341 9,880 tenant security deposits 3,335 2,962 advances from project owner 17,037 0 misc. Current liabilities 0 686 mortgage and other notes payable 381,657 358,794”

“Operate and maintain three eight-bed residences for persons with intellectual and developmental disabilities.”

“The executive director is paid a salary through the allendale-barnwell dsn. The hud project is not billed for this salary, therefore, it is not reported on form 990ez. The finance director is paid a salary through the allendale-barnwell dsn. The hud project reimburses the board for a portion of this salary. The amount is under the 10,000 threshold that requires reporting in column e of form 990ez.”