Develop Michigan Inc.

“In accordance with the management agreement between develop michigan, inc. And develop michigan management group, llc (dmmg), dmmg provides management services which include the following tasks: 1) all necessary and required compliance and reporting requirements 2) general support obligations necessary for day-to-day operations 3) manage all disbursements and organizational accounting, including preparation of, on a monthly basis, all bookkeeping and audit journal entries necessary for operations 4) manage all purchasing requirements and contracting for services 5) contract with consultants 6) social impact reporting”

“The current year's form 990 and related schedules are reviewed by the corporation's president prior to the return being finalized.”

“The corporation obtains signed conflict of interest statements from each member on an annual basis. Disclosure involving directors should be made to the board chair who shall bring these matters to the board or a duly constituted committee thereof. The board or a duly constituted committee thereof shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to dmi. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: a) the conflicting interest is fully disclosed; b) the person with the conflict of interest is excluded from the discussion and approval of such transaction; c) a competitive bid or comparable valuation exists, if deemed appropriate; and d) the board or a duly constituted committee thereof has determined that the transaction is in the best interest of the organization.”

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

“Contact information for board members that cannot be reached at corporation: ted rozeboom, 124 w. Allegan st., lansing, mi 48933 tim kalil, 5151 corporate dr., troy, mi 48098 dennis roudi, 111 lyon st. Nw, grand rapids, mi 49503 eric larson, 1092 woodward ave., detroit, mi 48226 jen nelson, 300 n. Washington square, lansing, mi 48913 mark morante, 300 n. Washington square, lansing, mi 48913 richard landgraff, 755 w. Big beaver rd., rj-40-24, troy, mi 48084”

“Loss on investment in development michigan real estate fund lp -2,158,673.”