Slovene National Benefit Society 53

“The organizations members consist of all individuals who purchase any insurance or annuity product through the lodge. Members are not charged any dues or initiation fees and are eligible to participate in annual voting for election of officers.”

“There is no need for members to appoint new members since all new purchasers of an insurance or annuity product become members once the contract is approved by the home office.”

“In past years, only form 990n was filed since the organizations gross receipts were below the required reportng threshhold. For the current year, the 990 return will be reviewed by the governing body members before filing the return. The return will be available to members upon request but only in the presence of a member of the governing board.”

“No documents or records of the organization are available to the public. Copies of the annual federal reporting documents will be made available to members upon request and in the presence of a board member.”

“Line 7a represents a liquidating distribution from the slovenian workmens home inc. In cleveland, ohio for 1184 membership certificates purchased from 1937 through 1950.cost of these certificates was $10 per share. Slovene national benefit society 53 has never received any dividends since its purchase of the certificates. The slovenian workmens home inc. Was originally a non-profit organization until recent years. In 2017, slovenian workmens home inc. Sold its land and building and began liquidation procedures. In 2018,the net proceeds after taxes, were distributed to existing certificate (share)holders as a liquidating dividend at $134 per share. The governing board plans to donate these proceeds to various local related non-profit organizations.”

“The secy/treasurer maintains complete records documenting each donee organizations eligibilityschedule i line 1”