Allegany County Building Trades Foundati

“Expenses insurance 2,561 fees and licenses 400 total 2,961”

“Prepaid insurance 500 0 work in progress 107,434 135,582 total 107,934 135,582”

“Accounts payable and accrued expenses 0 205”

“The main purpose of the foundation is to provide interest in vocational education in allegany county. The foundation builds and sells houses in order to meet this purpose. The students of the allegany center for career and technical education, with the assistance of the local contractors and trade union members, will build houses as part of their cirriculum. These houses will be used to purchase materials for construction of additional houses as well as purchase instructional materials and equipment for other instructional programs at the career center and provide support to the school for educational vocational ed programs. The school is a public school and is part of the allegany county board of education public school system.”

“High school students worked to build house as part of a vocational education program in conjunction with the allegany county board of education.”

“(a) did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..... No (b) did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..................... No”