Lamar Haven Inc.

“Expenses office supplies 164 telephone, internet, & misc 1,970 property & liab insurance 2,442 operating & maint supplie 5,072 maintenance contracts 258 garbage and trash removal 2,522 vehicle maintenance 1,492 misc maintenance expenses 1,382 utilities 7,319 non-investment depreciation 12,106 total 34,727”

“Accounts receivable 50 50 land improvements 54,173 54,173 building 277,711 277,711 building eqpt - portable 10,093 10,093 furniture for project use 12,846 12,846 office furniture and equipment 9,985 9,985 accum deppreciation, bulk 0 0 less accumulated depreciation 211,645 223,751 restricted deposits 0 0 tenant security deposit acct 996 996 insurance escrow acct 1,165 841 reserve for relacements acct 14,898 18,292 residual receipts acct 15,650 18,300 total 185,922 179,536”

“Accounts payable and accrued expenses 772 2,768 other liabilities 945 945 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 2016, the group home encountered a 83% occupancy rate.”