Albanese Cormier Holdings, LLC and Subsidiaries SUPPLEMENTARY INFORMATION SCHEDULE 4 – Rental Activities For the year ended December 31, 2025
ACS
ACS
ACS
ACS
ACS Louisa ACS Commerce ACS Commerce
ACS
ACS
ACS
ACS Summerfield
Sandy
Blaine
Cedar
ACS Logan Square AL,
Lebanon KY,
Plaza KY,
Square GA,
Plaza GA,
Tifton GA,
Cross Pointe VA Ferry Pass FL
Plaza FL,
Marketplace OR International WA South UT
Income: Lease income, net Lease income-contingent
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
199,926
$
224,168
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
587,697
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
1,304,651 $
1,168,196
$
991,182
$
103,312
- - - - - -
- -
- -
- -
- -
- -
- -
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
(12,333)
4,071
(15,368)
(37,111)
(46,089)
(2,276)
-
-
-
-
-
- - - -
41,118
20,159
-
161,168
-
481,239
215,698
143,276
- -
- -
- -
- -
- -
241,044
231,994
752,936
1,770,522
1,346,783
1,088,369
101,036
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
- -
1,438
10,843
1,762
3,048
- -
- -
-
22
-
-
1,400
6,745
10,550
22,576
17,249
6,353
301
- - -
- - -
- - -
- - -
- - -
3
- - -
- -
-
-
-
-
-
-
-
8,275
33,121 11,924 46,315
146,153
60,220
73,442
59,490
3,937
481
481
749
230
220
826
220
1,969
764
707
623
9,319
66,290
138,463
129,885
43,039
17,582
- - - - - - - - - - - - -
- -
- -
- -
- - - - - - - - - - - - -
- -
- - - - - - - - - - - - - -
Office expense Other expense Rent Salaries Simple IRA Expense Security Taxes-other Taxes-payroll Taxes-property Telephone Travel Transportation other Utilities Total expense
175
117
435
119
- - - - - - - - - -
- - - -
- - - - - - - - - -
- - - - - - - - - -
25,320
- -
22,105
30,253
74,721
217,947
82,164
65,785
6,504
- - -
4,781
25,684 155,655
13,677 348,519
52,205 495,577
65,875 372,427
22,854 198,350
481
481
46,629
230
220
220
28,947
Operating Income
(481)
(481)
194,415
76,339
(230)
(220)
404,417
(220)
1,274,945
974,356
890,019
72,089
Other income (expense): Depreciation and amortization expense Depreciation from basis step up Interest expense Gain (Loss) on disposal of assets
-
-
(84,347)
(106,518)
-
-
(189,177)
-
(342,018)
(313,007)
(313,750)
(28,201)
- - - - - - -
- - - - - - -
-
-
- - - - - - -
-
- - - - - - -
-
-
-
-
(55,628)
(60,041)
- - - - - -
(236,131)
(289,783)
(269,307)
(334,193)
(31,513)
- - - -
- - - -
- - -
- - - -
- - - -
- - - -
- - - -
Interest and dividend income Income (Loss) on Securities Miscellaneous income Total other income (expense)
300
(139,975)
(166,559)
(425,008)
(631,801)
(582,314)
(647,943)
(59,714)
Income before provision for income taxes Provision for state income taxes Net income (loss) Noncontrolling interest in net income Controlling interest in net income
(481)
(481)
54,440
(90,220)
(230)
(220)
(20,591)
(220)
643,144
392,042
242,076
12,375
-
-
-
-
-
-
-
-
-
-
-
-
$
(481)
$
(481)
$
54,440
$
(90,220)
$
(230)
$
(220)
$
(20,591)
$
(220)
$
643,144
$
392,042
$
242,076
$
12,375
-
-
-
-
-
-
-
-
-
-
-
-
$
(481)
$
(481)
$
54,440
$
(90,220)
$
(230)
$
(220)
$
(20,591)
$
(220)
$
643,144
$
392,042
$
242,076
$
12,375
See independent accountants’ review report.
39
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