Ridge Homes Inc.

“Expenses supplies 7 telephone and answering 79 cable and internet services 3,042 printing costs/maintenance 9 postage/delivery 10 paper shred services 3 office equipment 2 conventions and meetings 204 interest on 1st mort 8,171 property and liab ins (hazard 3,048 fidelity bond insurance 25 worker's compensation 62 health ins and other empl ben 650 repairs materials 481 contracts-grounds 3,600 contracts-exterminating 1,000 garbage and trash removal 216 payroll/human resource co 190 contracts misc. 370 it services 1,500 heating/cooling repairs/m 182 other renting expense 29 misc taxes, lic, per and 15 bank service charges 40 fuel 650 contracts-repairs 1,001 bad debt exp 297 non-investment depreciation 5,056 total 29,939”

“Prepaid expenses and deferred charges 1,338 1,709 escrow deposits 0 0 replacement reserve 0 0 residual receipts 0 0 residual receipts fsb 21462143 0 0 security bcs 1120061021 800 583 escrow fsb 22418431 2,601 5,599 reserve fsb new 21462135 62,314 54,734 total 67,053 62,625”

“Accounts payable and accrued expenses 2,128 3,046 ten sec deposits held in trust 799 419 prepaid revenue 140 0 mortgage and other notes payable 99,492 93,470”

“To provide low-income housing to the elderly and disabled in paragould, arkansas based on the requirements set forth by the u.s. Department of housing and urban development.”