Landmarks Community Capital Corporation

“Arthur p. Ziegler and michael sriprasert are members of two llcs, one that owns and operates an eight unit apartment building in bellvue, pa, and the other of which owns a five unit apartment building in bellvue, pa.”

“Pittsburgh history & landmarks foundation is the sole member organization of lccc.”

“Pittsburgh history & landmarks foundation, the sole member organization of lccc, elects the directors of lccc board of directors pursuant to lccc's bylaws.”

“Pittsburgh history & landmarks foundation, the sole member organization of lccc, has the following reserved rights as specified in lccc's bylaws (a) to elect and/or remove from time to time any or all of the directors of lccc, without assigning any cause, (b) approve all amendments to the lccc bylaws, (c) approve all fundamental changes within the meaning of chapter 59 of the pennsylvania non-profit corporation law, including without limitation mergers, dissolutions, divisions, consolidations, amendments to articles of incorporation, and sales of substantially all assets, (d) approve annual capital and advertising budget, and (e) approve any unbudgeted expenditures exceeding $4,900.”

“The audit committee of the pittsburgh history & landmarks foundation (including a representative of lccc), meets to review, discuss, and approve the final draft of the form 990. Following approval by the audit committee and prior to submission of the form 990 to the irs, form 990 is sent to the lccc directors for review, comment and/or revision up to a certain date. Copies of the final form 990 are also available to the lccc directors upon request.”

“The board of directors are required to complete and submit to lccc a disclosure statement on an annual basis pursuant to lccc's conflict of interest policy. The disclosure statements include information needed to identify actual and potential conflicts such as the director's current employer, significant investments, director positions on other organizations and/or corporations, and information on family members. The disclosure statements are reviewed and retained by the general counsel.”

“The compensation of the highly compensated employees is reviewed each year by the compensation committee of pittsburgh history & landmarks foundation, lccc's parent organization, and is also part of the yearly budgeting process. The budget itself is approved by the lccc's board of directors.”

“All governing documents, conflict of interest policy, and audited financial statements of lccc are available to the public by contacting the finance department to schedule a time during regular business hours to review the documents. If appropriate, the information may be mailed or emailed to an interested party for review.”