Four Pines Water Supply Company

“Material differences in voting rights explanation- there are no differences in the voting rights of the board of directors.”

“Authority delegated to committee explanation- members have granted broad authority to the board of directors to govern as the needs arise.”

“Classes of members of stockholders- four pines water supply corporation is organized with members, who become members by purchasing a water meter.”

“Election of members and their rights- members elect the board of directors annually. Any member can run for office on the board of directors, and all meetings are open to everyone.”

“Decisions subject to approval of members- members have given broad authority to the board of directors to govern as they see fit. All decisions are subject to member scrutiny.”

“Organizations process to review form 990- each board member will be given the opportunity to review the completed form 990 before it is filed.”

“Enforcement of conflicts of interest policy- all board members and employees are required to give written notification of any conflicts of interest, or be subject to termination.”

“Compensation process for top official- all employees are hired and reviewed by the board of directors.”

“Compensation process for officers- all employees are hired and reviewed by the board of directors.”

“Governing documents disclosure explanation- governing documents are provided upon written request.”

“Other changes in net assets explanation - net amount of new memberships $1,960 , refunds of memberships $0.00 & adjustment to membership equity $1,960.”

“EQUIPMENT RENTAL 266.”

“UTILITIES 69500.”

“SUPPLIES 300.”

“POSTAGE & DELIVERY 7773.”

“Water samples & testing 56428.”

“Automobile expenses 20983.”

“CELL PHONE EXPENSE 3353.”

“MISCELLANEOUS 343.”

“UNIFORM 418.”

“RETURN CHECKS 686.”