Albanese Cormier Holdings, LLC and Subsidiaries SUPPLEMENTARY INFORMATION SCHEDULE 4 – Rental Activities For the year ended December 31, 2025
ACS Forest
ACS Picayune ACS Pontotoc ACS Clarkdale ACS Fort Smith ACS Adams Dairy
ACS
ACS Crossville ACS Humboldt ACS Humboldt WM ACS Jefferson
ACS Leitchfield
Commons MS,
Plaza MS
Plaza MS,
Land MS,
Pavilion AR,
Landing MO,
Rivergate TN Plaza TN,
Plaza TN,
Plaza TN,
City Plaza TN,
Plaza KY,
Income: Lease income, net Lease income-contingent
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
$
418,520
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - -
$
3,981,261
$
- - - - -
- - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- -
- -
Lease income-termination fee Lease income-straight line rent Sales-residential real estate Tenant expense reimbursement Administrative income Income from Investment in Vidor Crossroads Total income
(734)
42,047
-
-
41,689
1,079,417
6,474
(6,637)
- -
- -
- -
- -
459,475
5,102,725
6,474
(6,637)
Expenses: Advertising Bank service charge Cleaning Computer software Cost of residential lots sold Donations Dues and subscriptions Insurance Legal and professional Maintenance and repairs Management fee Meals and entertainment
2,940
8,200
- - - - - - -
- - - - - -
-
-
10,700
148,550
1,100
- - - -
360
-
-
-
84
35,437
66
156,639
(21,010)
2,915 3,475
938
222
222
939 950
913
613 662
239
240
240
215
481
18,073
204,793
700
-
- - - - - - - - - - - - - -
-
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
-
-
Office expense Other expense Rent Salaries Simple IRA Expense Security Taxes-other Taxes-payroll Taxes-property Telephone Travel Transportation other Utilities Total expense
36
45
- - - - - - - - - -
- - - - - - - - - -
60,884
9,184
512,847
1,070
8,805
58,092
(2,098)
137,813
222
222
11,139
1,090,523
(18,665)
6,092
239
240
240
215
481
Operating Income
321,662
(222)
(222)
(11,139)
4,012,202
25,139
(12,729)
(239)
(240)
(240)
(215)
(481)
Other income (expense): Depreciation and amortization expense Depreciation from basis step up Interest expense Gain (Loss) on disposal of assets
(167,275)
- - - - - - - -
- - - - - - - -
-
(1,622,403)
- - - - - -
- - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
-
-
(105,138)
- - - - - -
(1,865,971)
- - - -
-
(8,517)
Interest and dividend income Income (Loss) on Securities Miscellaneous income Total other income (expense)
273
- -
2,691 2,691
(272,413)
(3,488,101)
(8,517)
Income before provision for income taxes Provision for state income taxes Net income (loss) Noncontrolling interest in net income Controlling interest in net income
49,249
(222)
(222)
(11,139)
524,101
27,830
(21,246) 377,407 (398,653)
(239)
(240)
(240)
(215)
(481)
-
-
-
-
-
-
-
-
-
-
-
$
(481)
$
49,249
$
(222)
$
(222)
$
(11,139)
$
524,101
$
27,830
$
$
(239)
$
(240)
$
(240)
$
(215)
-
-
-
-
-
-
-
-
-
-
-
-
$
49,249
$
(222)
$
(222)
$
(11,139)
$
524,101
$
27,830
$
(398,653)
$
(239)
$
(240)
$
(240)
$
(215)
$
(481)
See independent accountants’ review report.
38
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