Lakeshore Park Conservancy

“L. Caesar stair iii thomas n. Mcadams director director business partners james a haslam iii susan b. Haslam director president husband and wife”

“Information is gathered by thomas n. Mcadams, a director and secretary/treasurer of lakeshore park, with the assistance of albert j. Lebeouf, who provided bookkeeping services for lakeshore park. Mr. Lebeouf is the bookkeeper for mr. Mcadams' law firm. Responses to operational and organizational inquiries from the return preparers are typically reviewed by mr. Mcadams and l. Caesar stair iii, who is a director and vice president of lakeshore park. Mr. Mcadams reviews the initial draft of the form and communicates with the return preparers in regard to any changes. The final version of the form is forwarded to the board of directors and to the city of knoxville.”

“The corporation does not engage in any transactions involving payment of compensation or other consideration to any entity in which a director, officer, or other key person is involved. All products and services provided by directors, officers, or key people are donated to the organization. With the absence of any payments to, or contractual relationships with directors, officers, and key people, compliance with the policy can be continuously monitored.”

“All governing documents are made available to the public upon request.”

“The corporation has one employee and all other direct services are provided by volunteers, including general governance; management of relationships with the city of knoxville, the state of tennessee, and lakeshore mental health institute; oversight of knox youth sports, inc., which manages the athletic fields at the park; accounting and banking services; development of marketing and funding plans; and development and implementation of plans for additional park improvements. The corporation has one part-time employee who was hired in january 2015 and serves as director of development and manages annual giving and on-going capital campaign for improvements to the park.”

“Trademark 0 710 0 website 0 14,160 7,080”

“Draws on line of credit reported as cash receipts 374,718 construction in progress reported as cash disbursements -780,791”

“Cwip reported as cash disbursements 780,791 draws on line of credit reported as cash receipts 374,718 the financial statements are reported on the cash receipts and disbursements method of accounting. There is an adjustment of 780,791 for cash disbursements on the income statement that are reported on the balance sheet on form 990. Additionally, there is an adjustment of 374,718 for cash receipts on the income statement that are reported on the balance sheet on form 990.”