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5. Investment in Local Partnerships: Schedule of Investment In Local Partnerships Activity (Tables)
12 Months Ended
Mar. 30, 2016
Tables/Schedules  
Schedule of Investment In Local Partnerships Activity

 

 

 

2016

 

2015

 

 

 

 

 

        Investment in local partnerships as of March 30, 2015 and 2014

 

$       395,782

 

$   2,518,186

 

 

 

 

 

        Distributions from Local Partnerships

 

(13,562)

 

(63,233)

 

 

 

 

 

        Distributions classified as other income

 

13,562

 

3,000

 

 

 

 

 

        Equity in loss of investment in local partnerships

 

(116,987)

 

(2,062,171)

 

 

 

 

 

        Write-off of remaining investment balance in St. John Housing

 

      (278,795)

 

                  -- 

 

 

 

 

 

        Investment in local partnerships as of March 30, 2016 and 2015

 

$                 -- 

 

$       395,782