Leroy Springs & Company Inc

“The governing body consists of eight members which have voting rights on matters regarding any amendments to the corporation's Certificate of Incorporation, dissolution/liquidation of corporation, amendment/repeal of any provision of certain articles in bylaws, election of new members, dispositions of interests in real property, and/or the aquisition of real estate for recreation and/or preservation. The body also consists of seven directors (two of which are also members) who have voting rights on the general management of the affairs of the corporation. In addition, three directors make up the Executive Committee which has immediate charge, management, and control of the business affairs and charitable activities of the corporation.”

“The late Anne S. Close, former Chairman Emeritus, is the grandmother of W. Dehler Hart and the mother of the following members and/or directors: Crandall C. Bowles, Member Frances A. Close, Member Leroy S. Close, Member Patricia (Gracie) Close, Member Elliott S. Close, Director & Member H.W. Close, Director & Member Derick S. Close, Member Katherine A. Close, Member”

“The number of members of the corporation will not be more than eight. Current members include the following: Crandall C. Bowles, Member Frances A. Close, Member Leroy S. Close, Member Patricia (Gracie) Close, Member Elliott S. Close, Director & Member H.W. Close, Director & Member Derick S. Close, Member Katherine A. Close, Member”

“The governing body consists of eight members which have voting rights on matters regarding any amendments to the corporation's Certificate of Incorporation, dissolution/liquidation of corporation, amendment/repeal of any provision of certain articles in bylaws, election of new members, dispositions of interests in real property, and/or the aquisition of real estate for recreation and/or preservation.”

“The Form 990 is reviewed by the Executive Committee. Each committee member receives a copy of the tax return and must approve it on an individual basis before it is filed.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a) has received a copy of the conflicts of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; and d) understands the organization is charitible and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes, periodic reviews shall be conducted. The reviews shall include determining whether compensation arrangements are reasonable and whether partnerships, joint ventures, and arrangements with management organizations conform to the written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“John Gordon, CEO, Debbie Kiggans, CFO, and Cheri Gall, Director - HR is reviewed and approved by a compensation committee lead by an independent board director in which comparability data is used.”

“www.Guidestar.org”

“Upon request.”

“Investment Income not recorded in Books -129,484. Gain/Loss on Sale of Assets 1,288.”