Education Association Building Corporation

“Office building rental 113,852 other revenues 427 total 114,279”

“Accounts receivable 4,010 0 prepaid expenses and deferred charges 1,406 1,172 sign 709 709 less accumulated depreciation 709 709 total 5,416 1,172”

“Accounts payable and accrued expenses 1,648 3,083”

“Education association building corporation's (eabc) purpose, as a title holding corporation, is to hold title to a building, operate and collect income from it. Any net income will be remitted to the tax exempt corporations that organized the education association building corporation.”

“As a title holding corporation, the education association building corporation operated an office building: collecting and remitting the income to nea-alaska and fairbanks education association, the tax exempt corporations that created and organized the eabc”