Lamar Haven Inc.

“Expenses office supplies 1,054 telephone, internet, & misc 1,882 conventions & meetings 275 property & liab insurance 1,742 operating & maint supplie 4,986 maintenance contracts 258 garbage and trash removal 2,268 vehicle maintenance 983 misc maintenance expenses 3,210 utilities 8,687 non-investment depreciation 11,772 total 37,117”

“Accounts receivable 50 50 land improvements 54,173 54,173 building 277,711 277,711 building eqpt - portable 6,974 8,249 furniture for project use 12,846 12,846 office furniture and eqpt 8,182 9,293 accumulated depr - bulk 0 0 less accumulated depreciation 187,688 199,460 escrow & restricted reserve accounts 0 0 tenant security deposits acct 967 1,049 insurance escrow acct 2,027 1,473 reserve for replacements acct 8,119 11,509 residual receipts reserve acct 10,312 11,841 total 193,673 188,734”

“Accounts payable and accrued expenses 1,932 153 deferred revenue 0 131 tenant security deposits 914 995 mortgage and other notes payable 300,800 300,800”

“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 fy 2013, the group home encountered a 100% occupancy rate.”