Terrace Homes Inc.

“Expenses advertising 14 supplies 18 telephone and answering 6 cable and internet services 1,451 printing costs/maintenance 44 postage/delivery 24 paper shred services 7 conventions and meetings 421 property and liab ins (hazard 2,560 fidelity bond 25 worker's compensation 188 health ins and other empl ben 730 supplies-repair materials 2,416 supplies-appliances 388 auto fuel 758 contracts-grounds 7,912 contracts-exterminating 1,198 contracts-misc 460 heating/cooling repairs/m 105 supplies- paint 273 payroll/human resource co 414 contracts- rehab 2,245 it services 611 late fees/charges 3 non-investment depreciation 9,684 total 31,955”

“Accounts receivable 0 317 prepaid expenses and deferred charges 1,147 1,411 security deposit cash 2,273 2,061 escrow accounts 6,938 8,480 reserve for replacement 28,673 17,265 total 39,031 29,534”

“Accounts payable and accrued expenses 25,467 20,417 ten sec deposits held in trust 2,156 1,942 prepaid revenue 436 0”

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