Cascade Sierra Solutions

“On march 31st, 2014, control over management duties was delegated by court order (attached). A receiver, terry b. Vance, llc, was appointed by the court to wind up and liquidate the affairs of cascade sierra solutions (css). The receiver functions in place of the board of directors, who were required to resign in 2014.”

“See part vi, line 3 explanation.”

“Tyrell b. Vance 3910 sw 36th pl portland, or 97221”

“The tax return is reviewed by the court appointed receiver before filing.”

“The conflict of interest policies are stated in lane county circuit court, case no: xxx-xx-xxxx (attached). The receiver monitors and enforces compliance with the conflict of interest policies and is required to disclose interests that could give rise to conflicts. If a conflict exists, it is brought to the attention of the circuit court judge.”

“The receiver's compensation was set at 290 per hour by the attached court order, page 12, item 8, line 19.”

“All governing documents are available upon request.”

“No current or former officers, directors, or trustees are receiving reportable compensation from this or a related organization. As outlined in the attached court order, tyrell b. Vance, llc receives compensation for functioning as the court appointed receiver.”

“Css is in receivership and did not undergo an audit or prepare financial statements for the years ended december 31,2016, 2015, and 2014. Css is exempt from income taxes under section 501(c)(3) of the internal revenue code. Css is organized and operated exclusively for educational or certain other purposes. No part of the net earnings are earned to the benefit of any private shareholder or individual. No substantial part of its activities include carrying on propaganda, or otherwise attempting, to influence legislation. Css does not participate in, or intervene in, any political campaign on behalf of or in opposition to any candidate for public office. However, the organization is subject to tax on unrelated business income activities. Federal income and state excise taxes are calculated for unrelated business income, if any, at current statutory rates. There was no unrelated business income tax expense for the years ended december 31, 2016, 2015, and 2014. Under fasb accounting standard codification ("asc")740, css management does not believe there is reason to believe that a tax liability needs to be recorded as there are no known uncertain tax positions. Css management and attorney believe that css is operating under their exempt purpose. Css is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before 2013.”

“IS STILL CONTINUING.”