Albanese Cormier Holdings, LLC and Subsidiaries SUPPLEMENTARY INFORMATION SCHEDULE 4 – Rental Activities For the year ended December 31, 2025
ACS Russellville ACS Athens
ACS Valley Bend ACS Greenville ACS Murphy ACS Catawba
ACS Quincy ACS Kokomo ACS Pine Lake ACS Forest Park ACS Town Square ASC Lassen
Plaza AL,
Land AL,
Shopping Center AL,
Plaza NC,
Plaza NC,
Village NC,
Plaza IA,
Plaza IN,
Shopping Center IN,
Plaza IN,
Shopping Center IN, Shopping CA,
Income: Lease income, net Lease income-contingent
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
LLC
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - -
$
6,761,275
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
1,485
$
1,148,216
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
$
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
802,261
2,258,260
$
746,917
- -
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- -
- -
- -
- -
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
92,501
(15,780)
(1,533)
48,011
(1,860)
-
-
-
-
-
1,413,257
431,962
215,951
616,863
171,899
- -
- -
- -
- -
- -
-
8,267,033
1,485
1,564,398
1,016,679
2,923,134
916,956
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
- -
- -
- -
4,485
9,585
2,693
-
-
-
- - - - -
45,810
53,250
25,045
36,513
29,163
372
- - - -
- - - -
- - - -
- - - -
- - -
22
219,804
1,195
77,762
57,488
80,525 15,226 114,775
49,966
295
613
4,602
295
294
891
4,068
294
295
724
708
1,040
353,646
189,025
129,645
75,676
- - -
- -
-
- -
- -
- -
Office expense Other expense Rent Salaries Simple IRA Expense Security Taxes-other Taxes-payroll Taxes-property Telephone Travel Transportation other Utilities Total expense
330
87
154
70
70
- - - - - - -
- - - - - - -
- - - - - - -
- - - -
- - - - - - -
- - - -
3,114
2,510 3,300
- -
-
891
713,197
262,910
60,876
351,967
91,253
- - -
- - -
- - -
- - -
- - -
- - -
-
59,306
30,472 617,574
25,499 307,030
28,999 637,660
18,395 273,734
295
2,566
1,397,067
295
294
2,086
294
295
Operating Income
(295)
(2,566)
6,869,966
(295)
(294)
(601)
946,824
(294)
(295)
709,649
2,285,474
643,222
Other income (expense): Depreciation and amortization expense Depreciation from basis step up Interest expense Gain (Loss) on disposal of assets
- - - - - - - -
- - - - - - - -
(2,422,257)
- - - - - - - -
- - - - - - - -
- -
(661,429)
- - - - - - - -
- - - - - - - -
(271,723)
(1,091,982)
(300,528)
-
-
-
-
-
(4,638,980)
777
(128,096)
(279,628)
(523,327)
(285,210)
- - -
- - - -
- - -
- - - -
- - - -
- - - -
Interest and dividend income Income (Loss) on Securities Miscellaneous income Total other income (expense)
29,092
26,373
(7,032,145)
777
(763,152)
(551,351)
(1,615,309)
(585,738)
Income before provision for income taxes Provision for state income taxes Net income (loss) Noncontrolling interest in net income Controlling interest in net income
(295)
(2,566)
(162,179)
(295)
(294)
176
183,672
(294)
(295)
158,298
670,165
57,484
-
-
-
-
-
-
-
-
-
-
-
$
(295)
$
(2,566)
$
(162,179)
$
(295)
$
(294)
$
176
$
183,672
$
(294)
$
(295)
$
158,298
$
670,165
$
57,484
-
-
-
-
-
-
-
-
-
-
$
(295)
$
(2,566)
$
(162,179)
$
(295)
$
(294)
$
176
$
183,672
$
(294)
$
(295)
$
158,298
$
670,165
$
57,484
See independent accountants’ review report.
40
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