Pcpt Hamlin LLC

“Provision trust, inc., a tennessee nonprofit corporation, is the sole member of pcpt hamlin, llc.”

“Provision trust, inc., sole member, elects all the members of the governing body for pcpt hamlin, llc.”

“Provision trust, inc., sole member, must approve bylaw revisions and revisions of the articles of incorporation for pcpt hamlin, llc.”

“A draft copy of the form 990 is provided to all members of the governing body for review and comments before filing the return.”

“All directors and officers are required to disclose any conflicts of interest on an annual basis. All directors and officers of the company or any other person exercising governing powers over the company are considered to be an interested person with respect to the company. Each interested person is required to disclose any conflicts of interest on an annual basis. After each disclosure, the interested person removes himself or herself from the meeting and the remaining board members discuss and vote on the conflict of interest determination, which is decided by a majority vote. If it is determined that a conflict of interest exists, the interested person may make a presentation to the board regarding the transaction or arrangement then shall remove himself or herself from the meeting to allow the board members to vote, with a majority vote deciding if a conflict exists. If the board has reasonable cause to believe that a potential interested person has failed to disclose actual or possible financial interests, the board shall inform such person and allow such person an opportunity to explain the alleged failure to disclose. After hearing such person's explanation and after making any further investigation warranted by the circumstances, if the board determines by majority vote, excluding the interested person, that such person has failed to disclose a financial interest, the board shall take appropriate disciplinary and corrective actions, which may include such person's removal from his or her position as a director or officer of the company.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The taxpayer was a victim of a ransomware attack and lost most its financial information and data for the 2019 & 2020 calendar years. Therefore, the filed form 990 is missing the schedule k information but the taxpayer will file an amended return as soon as the information is recovered and restored to the taxpayer information system.”