Lawrence Community Works Inc.

“First realty management is the management agent for various properties. During the year 2013, the organization incurred $35,377 in management fees.”

“The organization is a membership based organization. The members do not have any rights to receive distributions or to participate in governance other than electing the board of directors and approving bylaw changes.”

“The members have the right to elect the members of the board of directors.”

“The members approval is required for any changes to the bylaws.”

“A copy of the 990 is reviewed by senior management and finance committee.”

“Executive director-jessica andors's and cnelson butten's salaries are determined by the board. The chief financial officer's salary is determined by the executive director and their analysis includes reviewing comparable salaries of position within the cdc world.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Accretion of discount on sponsor loan 139,483.”

“There have been no changes from the prior year in the methods used by the committee responsible for oversight of the audit of its financial statements and selection of an independent accountant.”

“East island commercial mm llc (tax-exempt controlled entity) and its' majority owner, lawrence communityworks inc. (tax-exempt parent) hereby elect under section 168(h)(6)(f) that east island commercial mm llc will not be treated as a tax-exempt entity with respect to its interest in east island commercial llc. The names, addresses and i.d. #'s of the involved parties are: 1.tax-exempt controlled entity: east island commercial mm llc % lawrence communityworks inc. 168 newbury street lawrence, ma 01841 ein: 45-5382364 2. Tax-exempt parent: lawrence communityworks inc. 168 newbury street lawrence, ma 01841 ein: 04-2982308 3.property to which this election applies: east island commercial llc 168 newbury street lawrence, ma 01841 ein: 38-3877523”