Alpha Gamma Delta Fraternity House Association Omega Chapter

“Description: interest. Amount: 6,822. Description: depreciation. Amount: 12,273. Description: insurance. Amount: 1,422. Description: bank charges. Amount: 14,893. Description: taxes. Amount: 12,847. Total to form 990-ez, line 16: 48,257.”

“Description: capital contribution. Amount: 175,303. Description: prior period adjustment. Amount: 10,398. Total to form 990-ez, line 20: 185,701.”

“Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 711.”

“Description: mortgage. Beg. Of year amount: 197,746. End of year amount: 0.”

“The bylaws of the corporation were amended to change the following: 1. Members - the corporation shall have one voting member, which shall be alpha gamma delta fraternity housing corporation. The voting member shall exercise its membership rights through its board of directors, except as otherwise provided in the bylaws, articles of incorporation, or the bylaws of the voting member. 2. Board of directors - the affairs of the corporation shall be managed, controlled, and conducted by, and under the supervision of, the board of directors, subject to the provisions of the articles of incorporation, the bylaws, the constitution, standing rules and policies of the alpha gamma delta fraternity, and applicable law. The board of directors shall have eleven members; provided however, that at all times the majority of the directors shall be appointed by the voting member. Of the total number of directors, the board of directors shall have seven appointed directors who shall be members of alpha gamma delta fraternity who are in good standing. In addition, the board of directors shall have four voting members who shall serve by virtue of their position. 3. Voting - each director present at a board meeting shall be entitled to one vote on each question that comes before a meeting of the directors. The act of a majority of the voting directors present at a meeting at which a quorum is present shall be the act of the board of directors. 4. Net income - all income that the corporation collects from property that it owns shall be transferred to the voting member, an organization described in code section 501(c)(7).”