Sycamore Township CIC Inc.

“Under article five of the code or regulations the five members of the organization are the three elected trustees of sycamore township, the elected fiscal officer of sycamore township, and the appointed sycamore township administrator. A majority of the members elect the board of trustees. Under ohio law, so long as the organization is the designated community improvement corporation of sycamore township, at least two-fifths of the trustees must consist of appointed or elected officials of sycamore township, hamilton county, ohio.”

“The members of the organization have the right to elect the five members of the board of trustees.”

“The organization has no committees, nor are their any committees that have the authority to act on behalf of the governing body.”

“Copies of the return were distributed to all of the members of the board of trustees with a direction to provide any comments to the preparer. No comments were received.”

“The organization has relatively few transactions. Financial reports are reviewed by the board of trustees and legal counsel for compliance with the policy.”

“As the designated community improvement corporation of sycamore township, hamilton county, ohio, the organization is subject to the ohio public records law incorporated in ohio revised code section 149.43. As such, all of the organizations documents, except those that might be specifically excluded under that statute, are available to the public for inspection and copying. In addition, the organization is also subject to the ohio open meetings law found in ohio revised code section 121.22”

“The organization undertook to encourage the redevelopment of property in sycamore township by the purchase of a blighted parcel of real property.”

“The organization has a new asset of land it acquired during the year. The cost to acquire the land was $431,904.”

“The organization received its tax exempt status letter as a 501(c)(3) organization dated march 31, 2014. No person receives any compensation from the organization. The organization is a supporting organization of sycamore township, a political subdivision of the state of ohio located in hamilton county, ohio. The trustees of this organization, sycamore township cic, inc., are officers of sycamore townhship and are compensated by sycamore township for their duties with sycamore township.this organization was organized in april, 2012 as the community improvement corporation of sycamore township, hamilton county, ohio.100% of the contributions received by the organization were received from sycamore township, located at 8540 kenwood road,cincinnati, oh 45236.”