Lamar Haven Inc.

“Expenses office supplies 346 telephone, internet, & misc 3,051 property & liab insurance 2,065 operating & maint supplie 5,478 maintenance contracts 342 garbage and trash removal 4,091 vehicle maintenance 130 misc maintenance expenses 2,138 utilities 7,389 non-investment depreciation 11,135 total 36,165”

“Accounts receivable 50 50 land improvements 54,173 54,173 building 293,426 308,606 building eqpt - portable 10,557 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 233,640 244,775 restricted deposits 0 0 tenant security deposit acct 1,275 1,277 insurance escrow acct 749 733 reserve for relacements acct 12,702 8,402 residual receipts acct 12,350 9,840 other receivable (arcflm) 2,247 0 total 176,720 173,704”

“Accounts payable and accrued expenses 1,544 545 tenant security deposit liability 1,236 1,236 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 fye 9/30/2018, the group home encountered a 98% occupancy rate.”