Lamar Haven Inc

“Expenses office supplies 316 telephone, internet, & misc 2,150 property & liab insurance 2,246 operating & maint supplie 1,051 maintenance contracts 1,049 garbage and trash removal 5,549 vehicle maintenance 1,207 misc maintenance expenses 1,022 utilities 9,195 non-investment depreciation 8,580 total 32,365”

“Accounts receivable 50 5,983 land improvements 54,173 54,173 building 308,606 308,606 building eqpt - portable 12,567 12,567 furniture for project use 12,846 12,846 office furniture and equipment 9,985 9,985 accum deppreciation, bulk 0 0 less accumulated depreciation 299,056 307,636 restricted deposits 0 0 tenant security deposit acct 929 899 insurance escrow acct 2,337 4,599 reserve for relacements acct 25,012 28,386 residual receipts acct 10,352 10,357 total 137,801 140,765”

“Accounts payable and accrued expenses 12,849 25,177 tenant security deposit liability 905 905 mortgage and other notes payable 300,800 300,800”

“Group home for individuals with intellectual disabilities. The occupancy rate during fye 9/30/2024 was 64.91%”

“Group home financed primarily by a u. S. Dept of hud section 811 capital advance agreement. The home serves as the residence for 6 mentally retarded persons. Tenants have their rents subsidized in part by a section 811 subsidy. During fye 9/30/2024, the group home encountered a 64.91% occupancy rate.”