Enterprise Properties Inc

“One member of the governing body is employed as President/CEO of a related organization and, therefore, is not independent.”

“Tessa White, Director, reported a business relationship with former President/CEO, Matthew Ballard.”

“Related organization, Capital Area Development Corporation of West Virginia (CADCO), performs all managerial and administrative functions for Enterprise Properties, Inc.”

“The sole member of Enterprise Properties, Inc. is its related organization, CADCO, identified above and on Schedule R.”

“See above.”

“Jack Rossi Summit Community Bank 2402 Mountaineer Boulevard Charleston, WV 25309; Matthew Bond United Bank 500 Virginia St., E. Charleston, WV 25301; Tessa M. White Tessa M. White, PLLC P O Box 11867 Charleston, WV 25338; David P. Ferretti Spilman Thomas & Battle 300 Kanawha Boulevard, East Charleston, WV 25301; Chris Morris CityNet 233 Virginia Street, East Charleston, WV 25301; Jeff Sandene Charleston Area Medical Center 501 Morris Street Charleston, WV 25301; George Smith O.V. Smith & Sons 4510 Pennsylvania Avenue Charleston, WV 25302; Steve Robey Arnett Carbis Toothman LLP 101 Washington St., E Charleston, WV 25301; Ellen S. Cappellanti Jackson Kelly PLLC 500 Lee Street, Suite 1600 Charleston, WV 25301; Steven M. Rubin Charleston Area Alliance 1116 Smith Street Charleston, WV 25301”

“The CFO and CEO of the related organization prepared and reviewed, respectively, Form 990 which was then distributed to all officers and directors for review and approval prior to filing.”

“Conflicts of interest with respect to officers, directors and employees of the organization and its affiliates is addressed in the organization's Bylaws, Accounting Manual, and Personnel Policies. The organization's conflict of interest policy is shared with directors and employees at periodic training and orientation sessions. Directors and employees are charged with professional conduct which includes self-monitoring and reporting of potential or perceived conflicts of interest. Management and the Board advise as to whether or not any perceived conflict is valid. Directors are asked to remove themselves from decisions in matters where there may be conflict of interest. The organization's Code of Ethics statement is accepted via signature by directors and employees.”

“Enterprise Properties, Inc. did not compensate any directors and has no employees.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request, either by providing copies or by inspection at its office.”

“The President/CEO and CFO are employed by related organization, CADCO. Amounts shown in Columns E and F were paid by the related organization. Estimated weekly hours devoted by the CEO and CFO in performance of their duties to the related organization approximate 40 each. It is estimated that each member of the Board of Directors spends on average one hour weekly in goverance activities for this organization and its affiliates, combined, with various meetings scheduled monthly, bi-monthly, and as needed.”

“Filing date extended by IRS to November 15, 2021”

“Several directors of the organization are affiliated with unrelated entities doing business with and/or contributing to related organization, Capital Area Development Corporation of West Virginia. See Schedule L, Part V for a list of those directors. There were no reportable transactions in excess of applicable thresholds, and no impairment of independence with respect to this organization.”

“The organization's CFO compiled the financial statements. An independent CPA firm audited the consolidated financial statements of the organization and its affiliates. Finance Committee selects the audit firm and provides audit oversight.”