STATEMENTS OF OPERATIONS - USD ($)
|
3 Months Ended |
6 Months Ended |
Sep. 29, 2016 |
Sep. 29, 2015 |
Sep. 29, 2016 |
Sep. 29, 2015 |
| REVENUE |
|
|
|
|
| Interest |
$ 2,769
|
$ 868
|
$ 3,741
|
$ 1,727
|
| Other income from local partnerships |
|
10,562
|
|
10,562
|
| TOTAL REVENUE |
2,769
|
11,430
|
3,741
|
12,289
|
| EXPENSES |
|
|
|
|
| Management fee |
15,555
|
32,136
|
36,277
|
64,609
|
| Professional fees |
9,604
|
8,364
|
20,664
|
19,321
|
| Printing, postage and other |
4,315
|
3,718
|
6,417
|
9,965
|
| TOTAL EXPENSES |
29,474
|
44,218
|
63,358
|
93,895
|
| LOSS PRIOR TO EQUITY IN INCOME OF INVESTMENT IN LOCAL PARTNERSHIPS AND GAIN ON SALE OF LIMITED PARTNER INTERESTS/LOCAL PARTNERSHIP PROPERTIES |
(26,705)
|
(32,788)
|
(59,617)
|
(81,606)
|
| Equity in income of investment in local partnerships |
|
21,320
|
|
73,504
|
| LOSS PRIOR TO GAIN ON SALE OF LIMITED PARTNER INTERESTS/LOCAL PARTNERSHIP PROPERTIES |
(26,705)
|
(11,468)
|
(59,617)
|
(8,102)
|
| GAIN ON SALE OF LIMITED PARTNER INTERESTS/LOCAL PARTNERSHIP PROPERTIES |
1,331,798
|
2,250
|
1,331,798
|
2,250
|
| NET INCOME (LOSS) |
1,305,093
|
(9,218)
|
1,272,181
|
(5,852)
|
| NET INCOME (LOSS) ATTRIBUTABLE TO |
|
|
|
|
| Manager income (loss) |
243,200
|
(93)
|
210,288
|
(59)
|
| Beneficial owners income (loss) |
$ 1,061,893
|
$ (9,125)
|
$ 1,061,893
|
$ (5,793)
|
| NET INCOME (LOSS) per unit of beneficial ownership interest (18,654 units of beneficial ownership interest) |
$ 56.93
|
$ (0.49)
|
$ 56.93
|
$ (0.31)
|