| |
|
|
|
|
The following is an excerpt from a 10-Q SEC Filing, filed by BOSTON CAPITAL TAX CREDIT FUND IV LP on 8/19/2004. |
|
|
|
|
|
BOSTON CAPITAL TAX CREDIT FUND IV LP - 10-Q - 20040819 - PART_I
BALANCE SHEETS
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS
(Note D)
|
$429,755,588
|
$436,741,304
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
29,717,301
|
33,051,933
|
|
|
Investments
|
21,179,362
|
20,600,420
|
|
|
Notes receivable
|
6,979,372
|
8,182,738
|
|
|
Acquisition costs
|
36,508,233
|
36,053,820
|
|
|
Other assets
|
11,071,913
|
10,020,450
|
|
|
$
535,211,769
|
$
544,650,665
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 41,680
|
$ 66,482
|
|
|
Accounts payable affiliates
|
21,682,320
|
21,701,204
|
|
|
Capital contributions payable
|
31,742,293
|
32,845,438
|
|
|
Line of credit
|
-
|
-
|
|
|
53,466,293
|
54,613,124
|
|
|
|
|
|
PARTNERS' CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
73,953,742 issued and outstanding,
as of June 30, 2004
|
484,063,739
|
492,272,914
|
|
General Partner
|
(2,352,063)
|
(2,269,173)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
33,800
|
33,800
|
|
|
481,745,476
|
490,037,541
|
|
|
$
535,211,769
|
$
544,650,665
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 20
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS
(Note D)
|
$ 6,371,111
|
$ 9,951,958
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
2,519,590
|
252,117
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
79,481
|
80,374
|
|
|
Other assets
|
1,796,298
|
1,796,298
|
|
|
$
10,766,480
|
$
12,080,747
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
2,532,163
|
3,558,524
|
|
|
Capital contributions payable
|
388,026
|
388,026
|
|
|
Line of credit
|
-
|
-
|
|
|
2,920,189
|
3,946,550
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
3,866,700 issued and outstanding,
as of June 30, 2004
|
8,098,393
|
8,383,420
|
|
General Partner
|
(252,102)
|
(249,223)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
7,846,291
|
8,134,197
|
|
|
$
10,766,480
|
$
12,080,747
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 21
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS
(Note D)
|
$ 1,383,781
|
$ 1,527,512
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
128,165
|
142,893
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
457,639
|
457,639
|
|
|
Acquisition costs
|
43,473
|
43,962
|
|
|
Other assets
|
280,232
|
280,232
|
|
|
$
2,293,290
|
$
2,452,238
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
884,330
|
852,869
|
|
|
Capital contributions payable
|
457,641
|
457,642
|
|
|
Line of credit
|
-
|
-
|
|
|
1,341,971
|
1,310,511
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
1,892,700 issued and outstanding,
as of June 30, 2004
|
1,103,758
|
1,292,262
|
|
General Partner
|
(152,439)
|
(150,535)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
951,319
|
1,141,727
|
|
|
$
2,293,290
|
$
2,452,238
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 22
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS
(Note D)
|
$ 7,618,086
|
$ 7,983,840
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
277,224
|
320,139
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
450,981
|
450,981
|
|
|
Acquisition costs
|
136,610
|
138,145
|
|
|
Other assets
|
167,344
|
167,344
|
|
|
$
8,650,245
|
$
9,060,449
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
1,908,162
|
1,889,514
|
|
|
Capital contributions payable
|
477,996
|
479,496
|
|
|
Line of credit
|
-
|
-
|
|
|
2,386,158
|
2,369,010
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,564,400 issued and outstanding,
as of June 30, 2004
|
6,420,528
|
6,843,606
|
|
General Partner
|
(156,441)
|
(152,167)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
6,264,087
|
6,691,439
|
|
|
$
8,650,245
|
$
9,060,449
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 23
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$13,972,615
|
$14,271,144
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
152,065
|
140,695
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
203,159
|
205,442
|
|
|
Other assets
|
269,371
|
269,370
|
|
|
$
14,597,210
|
$
14,886,651
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
1,374,542
|
1,314,475
|
|
|
Capital contributions payable
|
117,797
|
117,796
|
|
|
Line of credit
|
-
|
-
|
|
|
1,492,339
|
1,432,271
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,336,727 issued and outstanding,
June 30, 2004
|
13,258,668
|
13,604,682
|
|
General Partner
|
(153,797)
|
(150,302)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
13,104,871
|
13,454,380
|
|
|
$
14,597,210
|
$
14,886,651
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 24
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS
(Note D)
|
$ 7,648,746
|
$ 7,862,910
|
|
|
|
|
|
0THER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
228,105
|
221,188
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
155,478
|
155,478
|
|
|
Acquisition costs
|
227,052
|
229,602
|
|
|
Other assets
|
857,394
|
857,394
|
|
|
$
9,116,775
|
$
9,326,572
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 679
|
$ 678
|
|
|
Accounts payable affiliates
|
1,429,464
|
1,373,004
|
|
|
Capital contributions payable
|
368,239
|
368,239
|
|
|
Line of credit
|
-
|
-
|
|
|
1,798,382
|
1,741,921
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,169,878 issued and outstanding,
as of June 30, 2004
|
7,430,508
|
7,694,103
|
|
0eneral Partner
|
(112,115)
|
(109,452)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
7,318,393
|
7,584,651
|
|
|
$
9,116,775
|
$
9,326,572
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 25
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$13,832,137
|
$14,051,041
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
475,490
|
443,860
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
228,024
|
230,586
|
|
|
Other assets
|
746,785
|
746,785
|
|
|
$15,282,436
|
$
15,472,272
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 978
|
$ 978
|
|
|
Accounts payable affiliates
|
1,204,226
|
1,136,057
|
|
|
Capital contributions payable
|
943,704
|
943,704
|
|
|
Line of credit
|
-
|
-
|
|
|
2,148,908
|
2,080,739
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,026,109 issued and outstanding,
as of June 30, 2004
|
13,259,637
|
13,515,062
|
|
General Partner
|
(126,109)
|
(123,529)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
13,133,528
|
13,391,533
|
|
|
$
15,282,436
|
$
15,472,272
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 26
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$21,903,081
|
$22,225,204
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
354,043
|
447,941
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
135,822
|
135,822
|
|
|
Acquisition costs
|
401,467
|
405,693
|
|
|
Other assets
|
1,564,626
|
1,564,626
|
|
|
$
24,359,039
|
$
24,779,286
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 90
|
$ 90
|
|
|
Accounts payable affiliates
|
2,097,376
|
2,090,807
|
|
|
Capital contributions payable
|
1,443,838
|
1,443,838
|
|
|
Line of credit
|
-
|
-
|
|
|
3,541,304
|
3,534,735
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,995,900 issued and outstanding,
as of June 30, 2004
|
20,949,811
|
21,372,359
|
|
General Partner
|
(132,076)
|
(127,808)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
20,817,735
|
21,244,551
|
|
|
$
24,359,039
|
$
24,779,286
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 27
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$13,736,608
|
$13,905,222
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
131,129
|
234,047
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
332,565
|
336,302
|
|
|
Other assets
|
172,425
|
172,425
|
|
|
$
14,372,727
|
$
14,647,996
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
1,434,115
|
1,455,313
|
|
|
Capital contributions payable
|
39,749
|
39,749
|
|
|
Line of credit
|
-
|
-
|
|
|
1,473,864
|
1,495,062
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,460,700 issued and outstanding,
as of June 30, 2004
|
12,976,322
|
13,227,852
|
|
General Partner
|
(77,459)
|
(74,918)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
12,898,863
|
13,152,934
|
|
|
$
14,372,727
|
$
14,647,996
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 28
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$23,371,574
|
$23,747,689
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
441,828
|
464,935
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
605,000
|
605,000
|
|
|
Acquisition costs
|
73,437
|
74,262
|
|
|
Other assets
|
2,595
|
2,595
|
|
|
$
24,494,434
|
$
24,894,481
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 3,200
|
$ 28,003
|
|
|
Accounts payable affiliates
|
-
|
-
|
|
|
Capital contributions payable
|
40,968
|
40,968
|
|
|
Line of credit
|
-
|
-
|
|
|
44,168
|
68,971
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
4,000,738 issued and outstanding,
as of June 30, 2004
|
24,549,511
|
24,921,003
|
|
General Partner
|
(99,245)
|
(95,493)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
24,450,266
|
24,825,510
|
|
|
$
24,494,434
|
$
24,894,481
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 29
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$19,150,093
|
$19,475,261
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
256,428
|
328,122
|
|
|
Investments
|
190,830
|
161,713
|
|
|
Notes receivable
|
20,935
|
20,935
|
|
|
Acquisition costs
|
73,626
|
74,450
|
|
|
Other assets
|
640
|
604
|
|
|
$
19,692,552
|
$
20,061,085
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
795,271
|
760,776
|
|
|
Capital contributions payable
|
86,718
|
86,718
|
|
|
Line of credit
|
-
|
-
|
|
|
881,989
|
847,494
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,991,800 issued and outstanding,
as of June 30, 2004
|
18,961,363
|
19,360,361
|
|
General Partner
|
(150,538)
|
(146,508)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
(262)
|
(262)
|
|
|
18,810,563
|
19,213,591
|
|
|
$
19,692,552
|
$
20,061,085
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 30
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$15,043,425
|
$15,343,813
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
122,813
|
124,788
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
273,842
|
273,842
|
|
|
Acquisition costs
|
472,514
|
477,819
|
|
|
Other assets
|
1,771
|
1,771
|
|
|
$
15,813,365
|
$
16,222,033
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
239,637
|
184,407
|
|
|
Capital contributions payable
|
128,167
|
128,167
|
|
|
Line of credit
|
-
|
-
|
|
|
367,804
|
312,574
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,651,000 issued and outstanding,
as of June 30, 2004
|
15,618,152
|
15,977,421
|
|
General Partner
|
(71,591)
|
(67,962)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
15,546,561
|
15,909,459
|
|
|
$
15,914,365
|
$
16,222,033
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 31
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$22,316,975
|
$22,596,325
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
375,849
|
487,978
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
655,675
|
655,675
|
|
|
Acquisition costs
|
-
|
-
|
|
|
Other assets
|
147,047
|
147,047
|
|
|
$
23,495,546
|
$
23,887,025
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
264,960
|
264,960
|
|
|
Capital contributions payable
|
682,058
|
695,771
|
|
|
Line of credit
|
-
|
-
|
|
|
947,018
|
960,731
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
4,417,857 issued and outstanding,
as of June 30, 2004
|
22,702,302
|
23,076,290
|
|
General Partner
|
(153,774)
|
(149,996)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
22,548,528
|
22,926,294
|
|
|
$
23,495,546
|
$
23,887,025
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 32
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$27,626,881
|
$27,979,243
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
328,416
|
319,905
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
536,581
|
536,581
|
|
|
Acquisition costs
|
676,467
|
684,066
|
|
|
Other assets
|
448,301
|
448,301
|
|
|
$
29,616,646
|
$
29,968,096
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
761,988
|
679,092
|
|
|
Capital contributions payable
|
902,467
|
902,467
|
|
|
Line of credit
|
-
|
-
|
|
|
1,664,455
|
1,581,559
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
4,754,198 issued and outstanding,
as of June 30, 2004
|
28,079,030
|
28,509,033
|
|
General Partner
|
(126,839)
|
(122,496)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
27,952,191
|
28,386,537
|
|
|
$
29,616,646
|
$
29,968,096
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 33
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$15,560,571
|
$15,749,412
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
195,838
|
194,499
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
74,696
|
74,696
|
|
|
Acquisition costs
|
606,971
|
613,790
|
|
|
Other assets
|
133,131
|
133,131
|
|
|
|
$
16,571,207
|
$
16,765,528
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
510,857
|
467,366
|
|
|
Capital contributions payable
|
202,285
|
202,285
|
|
|
Line of credit
|
-
|
-
|
|
|
713,142
|
669,651
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,636,533 issued and outstanding,
as of June 30, 2004
|
15,925,264
|
16,160,698
|
|
General Partner
|
(67,199)
|
(64,821)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
15,858,065
|
16,095,877
|
|
|
$16,571,207
|
$
16,765,528
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 34
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$20,201,268
|
$20,605,779
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
255,563
|
248,852
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
3,547
|
3,547
|
|
|
Acquisition costs
|
964,634
|
975,473
|
|
|
Other assets
|
11,473
|
11,473
|
|
|
$
21,436,485
|
$
21,845,124
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
963,491
|
890,192
|
|
|
Capital contributions payable
|
85,968
|
85,968
|
|
|
Line of credit
|
-
|
-
|
|
|
1,049,459
|
976,160
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,529,319 issued and outstanding,
as of June 30, 2004
|
20,483,546
|
20,960,665
|
|
General Partner
|
(96,520)
|
(91,701)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
20,387,026
|
20,868,964
|
|
|
$
21,436,485
|
$
21,845,124
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 35
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$18,490,194
|
$18,651,926
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
634,451
|
568,900
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
322,784
|
322,784
|
|
|
Acquisition costs
|
2,733,664
|
2,764,380
|
|
|
Other assets
|
124,353
|
196,002
|
|
|
$
22,305,446
|
$
22,503,992
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
337,272
|
300,478
|
|
|
Capital contributions payable
|
603,740
|
603,740
|
|
|
Line of credit
|
-
|
-
|
|
|
941,012
|
904,218
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
3,300,463 issued and outstanding,
as of June 30, 2004
|
21,432,814
|
21,665,801
|
|
General Partner
|
(68,380)
|
(66,027)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
21,364,434
|
21,599,774
|
|
|
$22,305,446
|
$
22,503,992
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 36
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$11,354,188
|
$11,525,838
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
86,225
|
79,639
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
322,784
|
322,784
|
|
|
Acquisition costs
|
1,877,017
|
1,898,107
|
|
|
Other assets
|
338,277
|
338,277
|
|
|
$
13,978,491
|
$
14,164,645
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
675,411
|
634,828
|
|
|
Capital contributions payable
|
657,998
|
657,998
|
|
|
Line of credit
|
-
|
-
|
|
|
1,333,409
|
1,292,826
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,106,837 issued and outstanding,
as of June 30, 2004
|
12,697,294
|
12,921,764
|
|
General Partner
|
(52,212)
|
(49,945)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
12,645,082
|
12,871,819
|
|
|
$
13,978,491
|
$
14,164,645
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 37
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$15,064,526
|
$15,180,208
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
346,893
|
168,094
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
155,490
|
155,490
|
|
|
Acquisition costs
|
2,092,368
|
2,114,865
|
|
|
Other assets
|
98,158
|
277,840
|
|
|
$
17,757,435
|
$
17,896,497
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
514,723
|
463,506
|
|
|
Capital contributions payable
|
155,363
|
155,363
|
|
|
Line of credit
|
-
|
-
|
|
|
670,086
|
618,869
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,512,500 issued and outstanding,
as of June 30, 2004
|
17,132,039
|
17,320,415
|
|
General Partner
|
(44,690)
|
(42,787)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
17,087,349
|
17,277,628
|
|
|
$
17,757,435
|
$
17,896,497
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 38
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$15,450,334
|
$15,667,255
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
205,353
|
139,965
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
2,373,551
|
2,397,527
|
|
|
Other assets
|
4,875
|
64,336
|
|
|
$
18,034,113
|
$
18,269,083
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
456,600
|
414,973
|
|
|
Capital contributions payable
|
117,735
|
117,735
|
|
|
Line of credit
|
-
|
-
|
|
|
574,335
|
532,708
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,543,100 issues and outstanding,
June 30, 2004
|
17,503,465
|
17,777,296
|
|
General Partner
|
(43,687)
|
(40,921)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
17,459,778
|
17,736,375
|
|
|
$
18,034,113
|
$
18,269,083
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 39
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$13,298,975
|
$13,521,338
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
202,250
|
96,315
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
2,194,563
|
2,216,508
|
|
|
Other assets
|
184,159
|
294,028
|
|
|
$
15,879,947
|
$
16,128,189
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
529,126
|
494,497
|
|
|
Capital contributions payable
|
-
|
-
|
|
|
Line of credit
|
-
|
-
|
|
|
529,126
|
494,497
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,292,152 issued and outstanding,
as of June 30, 2004
|
15,393,755
|
15,673,797
|
|
General Partner
|
(42,934)
|
(40,105)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
15,350,821
|
15,633,692
|
|
|
$
15,879,947
|
$
16,128,189
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 40
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Audited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$17,006,627
|
$17,263,072
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
33,052
|
40,313
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
2,666,941
|
2,692,163
|
|
|
Other assets
|
325,418
|
325,418
|
|
|
$
20,032,038
|
$
20,320,966
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ 36,733
|
$ 36,733
|
|
|
Accounts payable affiliates
|
801,420
|
750,951
|
|
|
Capital contributions payable
|
152,424
|
152,424
|
|
|
Line of credit
|
-
|
-
|
|
|
990,577
|
940,108
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC; 87,500,000 authorized BACs;
2,630,256 issued and outstanding,
as of June 30, 2004
|
19,075,989
|
19,411,992
|
|
General Partner
|
(34,528)
|
(31,134)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
19,041,461
|
19,380,858
|
|
|
$
20,032,038
|
$
20,320,966
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 41
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$17,585,412
|
$18,522,070
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
667,740
|
323,017
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
50,000
|
50,000
|
|
|
Acquisition costs
|
2,915,567
|
2,941,043
|
|
|
Other assets
|
419,693
|
419,693
|
|
|
$
21,638,412
|
$
22,255,823
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
737,858
|
683,357
|
|
|
Capital contributions payable
|
973,902
|
838,164
|
|
|
Line of credit
|
-
|
-
|
|
|
1,711,760
|
1,521,521
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
2,891,626 issued and outstanding,
as of June 30, 2004
|
19,977,945
|
20,777,519
|
|
General Partner
|
(51,293)
|
(43,217)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
19,926,652
|
20,734,302
|
|
|
$
21,638,412
|
$
22,255,823
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 42
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$17,351,209
|
$17,580,082
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
1,712,570
|
1,858,784
|
|
|
Investments
|
-
|
-
|
|
|
Notes receivable
|
1,065,305
|
1,065,305
|
|
|
Acquisition costs
|
2,937,503
|
2,948,991
|
|
|
Other assets
|
294,206
|
278,222
|
|
|
$
23,360,793
|
$
23,731,384
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
575,931
|
516,481
|
|
|
Capital contributions payable
|
1,817,119
|
2,026,211
|
|
|
Line of credit
|
-
|
-
|
|
|
2,393,050
|
2,542,692
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
2,744,262 issued and outstanding,
as of June 30, 2004
|
20,994,296
|
21,213,036
|
|
General Partner
|
(26,553)
|
(24,344)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
-
|
-
|
|
|
20,967,743
|
21,188,692
|
|
|
$
23,360,793
|
$
23,731,384
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 43
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$23,843,180
|
$ 24,108,220
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
427,207
|
1,723,622
|
|
|
Investments
|
3,316,687
|
2,401,514
|
|
|
Notes receivable
|
1,517,945
|
1,317,945
|
|
|
Acquisition costs
|
3,818,865
|
3,812,241
|
|
|
Other assets
|
201,655
|
201,025
|
|
|
$
33,125,539
|
$
33,564,567
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
471,625
|
395,891
|
|
|
Capital contributions payable
|
4,355,179
|
4,608,555
|
|
|
Line of credit
|
-
|
-
|
|
|
4,826,804
|
5,004,446
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
3,637,978 issued and outstanding,
as of June 30, 2004
|
28,323,744
|
28,582,516
|
|
General Partner
|
(34,311)
|
(31,697)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
9,302
|
9,302
|
|
|
28,298,735
|
28,560,121
|
|
|
$
33,125,539
|
$
33,564,567
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 44
|
|
June 30,
2004
(Unaudited)
|
March 31
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$14,662,195
|
$ 14,763,643
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
1,257,754
|
1,867,420
|
|
|
Investments
|
5,345,898
|
3,964,717
|
|
|
Notes receivable
|
-
|
747,691
|
|
|
Acquisition costs
|
2,733,894
|
2,755,762
|
|
|
Other assets
|
3,543
|
1,250
|
|
|
$
24,003,284
|
$
24,100,483
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
169,357
|
116,471
|
|
|
Capital contributions payable
|
2,077,152
|
2,077,152
|
|
|
Line of credit
|
-
|
-
|
|
|
2,246,509
|
2,193,623
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
3,637,978 issued and outstanding,
as of June 30, 2004
|
21,763,986
|
21,912,570
|
|
General Partner
|
(16,079)
|
(14,578)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
8,868
|
8,868
|
|
|
21,756,775
|
21,906,860
|
|
|
$
24,003,284
|
$
24,100,483
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 45
|
|
June 30,
2004
(Unaudited)
|
March 31
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$22,278,485
|
$22,349,618
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
6,333,524
|
5,967,616
|
|
|
Investments
|
10,059,688
|
10,634,756
|
|
|
Notes receivable
|
830,543
|
830,543
|
|
|
Acquisition costs
|
2,885,666
|
2,897,541
|
|
|
Other assets
|
613,514
|
1,014,271
|
|
|
$
43,001,420
|
$
43,694,345
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
-
|
-
|
|
|
Capital contributions payable
|
8,662,415
|
9,227,492
|
|
|
Line of credit
|
-
|
-
|
|
|
8,662,415
|
9,227,492
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
3,637,978 issued and outstanding,
as of June 30, 2004
|
34,328,173
|
34,454,769
|
|
General Partner
|
(6,696)
|
(5,444)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
17,528
|
17,528
|
|
|
34,339,005
|
34,466,853
|
|
|
$
43,001,420
|
$
43,694,345
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
BALANCE SHEETS
Series 46
|
|
June 30,
2004
(Unaudited)
|
March 31,
2004
(Unaudited)
|
|
ASSETS
|
|
|
|
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)
|
$13,633,311
|
$ 10,331,681
|
|
|
|
|
|
OTHER ASSETS
|
|
|
|
|
Cash and cash equivalents
|
11,567,736
|
15,846,289
|
|
|
Investments
|
2,266,259
|
3,437,720
|
|
|
Notes receivable
|
-
|
-
|
|
|
Acquisition costs
|
2,103,479
|
2,044,726
|
|
|
Other assets
|
1,864,629
|
10,692
|
|
|
$
31,435,414
|
$
31,671,108
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Accounts payable & accrued expenses
(Note C)
|
$ -
|
$ -
|
|
|
Accounts payable affiliates
|
12,415
|
12,415
|
|
|
Capital contributions payable
|
5,803,645
|
5,999,770
|
|
|
Line of credit
|
-
|
-
|
|
|
5,816,060
|
6,012,185
|
|
|
|
|
|
PARTNERS CAPITAL
|
|
|
|
|
|
|
|
Limited Partners
|
|
|
|
|
Units of limited partnership
interest, $10 stated value per BAC;
87,500,000 authorized BACs;
3,637,978 issued and outstanding,
as of June 30, 2004
|
25,623,446
|
25,662,622
|
|
General Partner
|
(2,456)
|
(2,063)
|
|
Unrealized gain (loss) on securities
|
|
|
|
|
available for sale, net
|
(1,636)
|
(1,636)
|
|
|
25,619,354
|
25,658,923
|
|
|
$
31,435,414
|
$
31,671,108
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 245,433
|
$ 104,622
|
|
|
Other income
|
300
|
-
|
|
|
245,733
|
104,622
|
|
|
|
|
|
Share of loss from Operating
Partnerships (Note D)
|
(6,411,458)
|
(6,002,081)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
162,266
|
161,725
|
|
|
Fund management fee (Note C)
|
1,391,131
|
1,306,363
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
367,013
|
242,361
|
|
|
General and administrative expenses
|
203,042
|
91,399
|
|
|
2,123,452
|
1,801,848
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(8,289,177)
|
$
(7,699,307)
|
|
|
|
|
|
Net income (loss) allocated to
limited partners
|
$
(8,206,287)
|
$
(7,622,315)
|
|
|
|
|
|
Net income (loss) allocated to
general partner
|
$
(82,890)
|
$
(76,992)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(2.72)
|
$
(2.48)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 20
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 2,008
|
$ 358
|
|
|
Other income
|
-
|
-
|
|
|
2,008
|
358
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(207,472)
|
(134,121)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
5,897
|
8,133
|
|
|
Fund management fee (Note C)
|
72,346
|
68,618
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
893
|
893
|
|
|
General and administrative expenses
|
3,306
|
1,975
|
|
|
82,442
|
79,619
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(287,906)
|
$
(213,382)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(285,027)
|
$
(211,248)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,879)
|
$
(2,134)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.07)
|
$
(.05)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 21
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 135
|
$ 329
|
|
|
Other income
|
-
|
-
|
|
|
135
|
329
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(143,731)
|
(181,326)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
3,165
|
7,529
|
|
|
Fund management fee (Note C)
|
41,460
|
56,460
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
488
|
488
|
|
|
General and administrative expenses
|
1,699
|
1,826
|
|
|
46,812
|
66,303
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(190,408)
|
$
(247,300)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(188,504)
|
$
(244,827)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(1,904)
|
$
(2,473)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.10)
|
$
(.10)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 22
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 291
|
$
558
|
|
|
Other income
|
-
|
-
|
|
|
291
|
558
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(363,854)
|
(248,442)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
5,021
|
5,013
|
|
|
Fund management fee (Note C)
|
54,933
|
60,432
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
1,535
|
1,535
|
|
|
General and administrative expenses
|
2,300
|
1,530
|
|
|
63,789
|
68,510
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(427,352)
|
$
(316,394)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(423,078)
|
$
(313,230)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(4,274)
|
$
(3,164)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.16)
|
$
(.12)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 23
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 137
|
$ 247
|
|
|
Other income
|
-
|
-
|
|
|
137
|
247
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(296,629)
|
(284,539)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,498
|
7,685
|
|
|
Fund management fee (Note C)
|
43,317
|
56,816
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
2,283
|
2,283
|
|
|
General and administrative expenses
|
2,919
|
1,773
|
|
|
53,017
|
68,557
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(349,509)
|
$
(352,849)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(346,014)
|
$
(349,321)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(3,495)
|
$
(3,528)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.10)
|
$
(.10)
|
|
|
|
|
The accompanying notes are an ntegral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 24
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 216
|
$ 375
|
|
|
Other income
|
-
|
-
|
|
|
216
|
375
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(214,164)
|
(152,581)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,574
|
5,306
|
|
|
Fund management fee (Note C)
|
43,261
|
27,553
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
2,551
|
2,551
|
|
|
General and administrative expenses
|
1,924
|
1,196
|
|
|
52,310
|
36,606
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(266,258)
|
$
(188,812)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(263,595)
|
$
(186,924)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,663)
|
$
(1,888)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.09)
|
$
(.09)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 25
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 454
|
$ 645
|
|
|
Other income
|
-
|
-
|
|
|
454
|
645
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(217,646)
|
(285,406)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
5,937
|
6,166
|
|
|
Fund management fee (Note C)
|
28,552
|
49,278
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
3,805
|
3,805
|
|
|
General and administrative expenses
|
2,519
|
2,084
|
|
|
40,813
|
61,333
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(258,005)
|
$
(346,094)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(255,425)
|
$
(342,633)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,580)
|
$
(3,461)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.08)
|
$
(.11)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 26
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 381
|
$ 687
|
|
|
Other income
|
-
|
-
|
|
|
381
|
687
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(322,017)
|
(439,974)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
8,030
|
12,768
|
|
|
Fund management fee (Note C)
|
89,640
|
98,573
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
4,226
|
4,226
|
|
|
General and administrative expenses
|
3,284
|
1,739
|
|
|
105,180
|
117,306
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(426,816)
|
$
(556,593)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(422,548)
|
$
(551,027)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(4,268)
|
$
(5,566)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.11)
|
$
(.14)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 27
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 165
|
$ 362
|
|
|
Other income
|
-
|
-
|
|
|
165
|
362
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(168,437)
|
(195,111)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
3,584
|
4,356
|
|
|
Fund management fee (Note C)
|
76,422
|
69,978
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
3,914
|
3,914
|
|
|
General and administrative expenses
|
1,879
|
1,262
|
|
|
85,799
|
79,510
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(254,071)
|
$
(274,259)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(251,530)
|
$
(271,516)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,541)
|
$
(2,743)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.10)
|
$
(.11)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 28
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 426
|
$ 5,258
|
|
|
Other income
|
-
|
-
|
|
|
426
|
5,258
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(338,620)
|
(309,038)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
5,679
|
10,218
|
|
|
Fund management fee (Note C)
|
27,389
|
60,322
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
825
|
825
|
|
|
General and administrative expenses
|
3,157
|
3,409
|
|
|
37,050
|
74,774
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(375,244)
|
$
(378,554)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(371,492)
|
$
(374,768)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(3,752)
|
$
(3,786)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.09)
|
$
(.09)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 29
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 2,009
|
$ 2,859
|
|
|
Other income
|
-
|
-
|
|
|
2,009
|
2,859
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(325,168)
|
(361,320)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,669
|
6,941
|
|
|
Fund management fee (Note C)
|
69,442
|
70,896
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
828
|
827
|
|
|
General and administrative expenses
|
4,930
|
2,769
|
|
|
79,869
|
81,433
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(403,028)
|
$
(439,894)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(398,998)
|
$
(435,495)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(4,030)
|
$
(4,399)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.10)
|
$
(.11)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 30
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 126
|
$ 178
|
|
|
Other income
|
-
|
-
|
|
|
126
|
178
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(300,383)
|
(344,819)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
14,125
|
3,863
|
|
|
Fund management fee (Note C)
|
41,290
|
48,912
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
5,309
|
5,309
|
|
|
General and administrative expenses
|
1,917
|
1,271
|
|
|
62,641
|
59,355
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(362,898)
|
$
(403,996)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(359,269)
|
$
(399,956)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(3,629)
|
$
(4,040)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.14)
|
$
(.15)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 31
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 408
|
$ 352
|
|
|
Other income
|
-
|
-
|
|
|
408
|
352
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(277,958)
|
(541,110)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,774
|
4,713
|
|
|
Fund management fee (Note C)
|
92,408
|
95,479
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
-
|
-
|
|
|
General and administrative expenses
|
3,034
|
1,966
|
|
|
100,216
|
102,158
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(377,766)
|
$
(642,916)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(373,988)
|
$
(636,487)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(3,778)
|
$
(6,429)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.08)
|
$
(.14)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 32
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 320
|
$ 414
|
|
|
Other income
|
-
|
-
|
|
|
320
|
414
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(350,780)
|
(363,689)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,669
|
6,940
|
|
|
Fund management fee (Note C)
|
66,613
|
58,161
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
9,181
|
9,181
|
|
|
General and administrative expenses
|
3,423
|
2,275
|
|
|
83,886
|
76,557
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(434,346)
|
$
(439,832)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(430,003)
|
$
(435,434)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(4,343)
|
$
(4,398)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.09)
|
$
(.09)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 33
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 193
|
$ 289
|
|
|
Other income
|
-
|
-
|
|
|
193
|
289
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(188,841)
|
(148,236)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
2,841
|
4,189
|
|
|
Fund management fee (Note C)
|
37,402
|
43,491
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
6,819
|
6,820
|
|
|
General and administrative expenses
|
2,102
|
1,290
|
|
|
49,164
|
55,790
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(237,812)
|
$
(203,737)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(235,434)
|
$
(201,700)
|
|
|
|
|
|
Net income (loss) allocated to general
Partner
|
$
(2,378)
|
$
(2,037)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.09)
|
$
(.08)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 34
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 250
|
$ 399
|
|
|
Other income
|
-
|
-
|
|
|
250
|
399
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(404,365)
|
(527,289)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,445
|
3,113
|
|
|
Fund management fee (Note C)
|
60,008
|
66,715
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
10,984
|
10,984
|
|
|
General and administrative expenses
|
2,386
|
1,713
|
|
|
77,823
|
82,525
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(481,938)
|
$
(609,415)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(477,119)
|
$
(603,321)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(4,819)
|
$
(6,094)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.14)
|
$
(.17)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 35
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 522
|
$ 1,056
|
|
|
Other income
|
-
|
-
|
|
|
522
|
1,056
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(160,139)
|
(149,383)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
2,794
|
2,713
|
|
|
Fund management fee (Note C)
|
38,290
|
52,090
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
32,309
|
32,310
|
|
|
General and administrative expenses
|
2,330
|
1,527
|
|
|
75,723
|
88,640
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(235,340)
|
$
(236,967)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(232,987)
|
$
(234,597)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,353)
|
$
(2,370)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.07)
|
$
(.07)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 36
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 84
|
$ 135
|
|
|
Other income
|
150
|
-
|
|
|
234
|
135
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(167,622)
|
(128,338)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
3,137
|
4,598
|
|
|
Fund management fee (Note C)
|
32,505
|
30,418
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
22,116
|
22,116
|
|
|
General and administrative expenses
|
1,591
|
1,157
|
|
|
59,349
|
58,289
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(226,737)
|
$
(186,492)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(224,470)
|
$
(184,627)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,267)
|
$
(1,865)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.11)
|
$
(.09)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 37
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 180
|
$ 405
|
|
|
Other income
|
-
|
-
|
|
|
180
|
405
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(111,475)
|
(125,284)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
5,052
|
3,631
|
|
|
Fund management fee (Note C)
|
48,717
|
44,238
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
23,706
|
23,706
|
|
|
General and administrative expenses
|
1,509
|
966
|
|
|
78,984
|
72,541
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(190,279)
|
$
(197,420)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(188,376)
|
$
(195,446)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(1,903)
|
$
(1,974)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.07)
|
$
(.08)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 38
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 143
|
$ 222
|
|
|
Other income
|
-
|
-
|
|
|
143
|
222
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(216,168)
|
(115,025)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
3,137
|
15,051
|
|
|
Fund management fee (Note C)
|
30,901
|
20,198
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
24,729
|
26,234
|
|
|
General and administrative expenses
|
1,805
|
940
|
|
|
60,572
|
62,423
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(276,597)
|
$
(177,226)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(273,831)
|
$
(175,454)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,766)
|
$
(1,772)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.11)
|
$
(.07)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 39
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 149
|
$ 62
|
|
|
Other income
|
-
|
-
|
|
|
149
|
62
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(221,726)
|
(212,843)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
3,013
|
5,742
|
|
|
Fund management fee (Note C)
|
34,200
|
28,765
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
22,581
|
22,581
|
|
|
General and administrative expenses
|
1,497
|
939
|
|
|
61,291
|
58,027
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(282,871)
|
$
(270,808)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(280,042)
|
$
(268,100)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(2,829)
|
$
(2,708)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.12)
|
$
(.12)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 40
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 34
|
$ 136
|
|
|
Other income
|
-
|
-
|
|
|
34
|
136
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(253,612)
|
(183,871)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
10,893
|
6,148
|
|
|
Fund management fee (Note C)
|
44,602
|
44,170
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
28,431
|
28,429
|
|
|
General and administrative expenses
|
1,893
|
1,356
|
|
|
85,819
|
80,103
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(339,397)
|
$
(263,838)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(336,003)
|
$
(261,200)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(3,394)
|
$
(2,638)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.13)
|
$
(.10)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 41
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 330
|
$ 1,690
|
|
|
Other income
|
150
|
-
|
|
|
480
|
1,690
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(710,176)
|
(385,962)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,697
|
7,974
|
|
|
Fund management fee (Note C)
|
57,572
|
68,010
|
|
|
Organization costs
|
-
|
-
|
|
|
Amortization
|
33,461
|
33,344
|
|
|
General and administrative expenses
|
2,224
|
4,190
|
|
|
97,954
|
113,518
|
|
|
|
|
|
NET INCOME (LOSS)
|
$
(807,650)
|
$
(497,790)
|
|
|
|
|
|
Net income (loss) allocated to limited
partners
|
$
(799,574)
|
$
(492,812)
|
|
|
|
|
|
Net income (loss) allocated to general
partner
|
$
(8,076)
|
$
(4,978)
|
|
|
|
|
|
Net income (loss) per BAC
|
$
(.28)
|
$
(.17)
|
|
|
|
|
The accompanying notes are an integral part of this statement
Boston Capital Tax Credit Fund IV L.P.
STATEMENTS OF OPERATIONS
Three Months Ended June 30,
(Unaudited)
Series 42
|
|
2004
|
2003
|
|
|
|
|
|
Income
|
|
|
|
|
Interest income
|
$ 2,472
|
$ 30,724
|
|
|
Other income
|
-
|
-
|
|
|
2,472
|
30,724
|
|
|
|
|
|
Share of loss from Operating
Partnerships(Note D)
|
(142,326)
|
(174,520)
|
|
|
|
|
|
Expenses
|
|
|
|
|
Professional fees
|
4,524
|
6,359
|
|
|
Fund management fee (Note C)
|
44,893
|
| | |
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