Igo Road Group Home Inc

“Expenses 2,952 utilities 5,787 trash removal 306 heating/cooling 180 snow removal 100 v&m equip maint/rep 187 misc operating expenses 4,985 misc taxes/permits/licens 308 misc admin exp 110 non-investment depreciation 20,138 total 35,053”

“Accounts receivable 1,747 35,842 prepaid expenses and deferred charges 1,533 1,726 furnishings 16,118 16,118 less accumulated depreciation 14,683 15,640 building equipment 47,768 47,768 less accumulated depreciation 39,864 43,671 total 12,619 42,143”

“Accounts payable and accrued expenses 6,723 17,143 tenant deposits held in trust 1,488 1,488”

“Igo road 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 five bedroom residential facility for mentally challenged and disabled persons, located in fredericksburg, 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.”