Baptist Extension Board Inc. 2004 Year-End Summary

Total Income for 2004: $2,990,408.53

Distribution of Funds for 2004: $935,428.93

Cooperative Program Income: $29,999.83

Interest Income-Loans: $629,479.27

Principal Income-Loans: $2,122,394.47

Interest Income-Investments: $184,024.86

Rent Income: $5,000.00

Trust Fund Income: $19,510.10 59

New Loans Paid in 2004: $896,223.00

Other Expenses in 2004: $39,205.93

11 New Loans Granted in 2004: $1,563,500.00

59 Current Outstanding Loans: $8,996,954.87

* Source: Treasurer’s Office, Baptist General Association of Virginia