Lafayette Transitional Housing Center Inc.

“ROUNDING -5”

“ROUNDING -6”

“Book / tax depreciation difference 22,034”

“The organization is a not-for-profit organization incorporated under the laws of the state of indiana and is exempt from income taxes under section 501(c)3 of the internal revenue code. In addition, the organization has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a)(1) of the code. Fasb accounting standards codification requires entities to disclose in their financial statements the nature of ay uncertainties in their tax position. Tax years includeing 2018 and later are subject to the examination by tax authorities. Areas that the irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of unrelated business income. The organization does not believe that it has any uncertain tax positions with resect to these or other matters, and therefore has not recorded any unrecognized tax benefits or liabiliteis. The organization is not aware of any circumstnaces or events that make it reasonably possible that tax benefits may increase or decrease within 12 months of the date of these consolidated financial statements. Union place apartments gp, llc is incorpoarted in the state of indiana and is subject to federal and state adjusted gross income tax and supplemental income taxes as the entity has elected "c" corporation status with the irs. Union place apartments gp, llc adopted the provisions of accounting for uncertain tax positions under the fasb accounting standards codificaiton. These provisions prescribe a recognition threshold of more-likely-than-not and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the consolidated financial statements. For the years ended september 30, 2022 and 2021, union place apartments gp, llc activity generated no significant taxable icnome or loss. Therefore, no uncertain tax positions have been recorded nor any unrecognized tax benefits or liabilities. Tax years including 2019 and later remain subject to tax examination by tax authorities.”