Inez Community Benefit Association

“Inez Community Benefit Association treasurer, Clay VanPelt, his spouse is secretary Shelly VanPelt.”

“Membership is open to any individual having an interest in the Inez Community. Members of the association elect the members of the board of directors (normally for a term of 4 years) with staggered terms.”

“The officers & members vote on new directors.”

“Written documentation is typically not made by the committees that are appointed for specific tasks. However, reports of the committee actions are reported to the board of directors and this information is documented in the minutes of the board of directors, as appropriate.”

“Copies of the Form 990 will be made available to the board of directors at the next regularly scheduled meeting. No review was conducted or will be conducted.”

“The organizations governing documents and financial statements and the Form 990 or 990-EZ will be made available to the general public upon request or anyone may attend the annual public meeting or any of the board of director meetings.”

“Part III - Line 4b ScholarshipsScholarships to High School Graduates (14 students) enrolled in post secondary educational institutions $12,000”

“Line - 24e - Other expenses (Column B)------------------------------------ End of YearRepairs and Maintenance 11,711 Supplies 795------------------------------------ -------Total 12,506------------------------------------ =======Line - 24e - Other expenses (Column D) ------------------------------------ End of YearContract Labor 555 ------------------------------------ -------Total 555------------------------------------ =======”

“Line 1 - Cash - non-interest bearing------------------------------------- Beginning of Year End of YearCash - Hall Acct - Prosperity Bank 14,809 23,593 Petty Cash - Hall Operations 2,064 1,999Cash - Genl Fund - Prosperity Bank 25,786 17,609------------------------------------- ------ ------Total 42,659 43,201------------------------------------- ====== ====== ---Line - 9 - Prepaid expenses and deferred charges------------------------------------ Beginning of Year End of YearPrepaid expenses 580 2,145Prepaid insurance 12,566 27,568------------------------------------ ------ -------Total 13,146 29,713------------------------------------ ====== =======”

“Part III - Line 4d Other programs servicesD & O Insurance $1,114”

“Part VI - Section C - Line 17 A copy of Form 990 is not required to be filed in any state.”