Unknown Organization

“All management duties and management decision making of the taxpayer is delegated to Core and Value Advisors, LLC pursuant to the terms of certain management agreements.”

“Taxpayer is organized as a nonprofit corporation under the laws of the state of Delaware. Each stockholder of the taxpayer shall at all times be either (1) a qualified pension, profit-sharing or stock bonus plan that meets the requirements of Section 401(a) of the IRC; (2) a governmental plan (within the meaning of Section 414(d) of the Code); (3) the United States, any State or political subdivision thereof, or any agency or instrumentality of the foregoing; or (4) any organization described in Section 501(c)(3) of the Code. Taxpayer has only one class of stock and such class is entitled to vote or execute consents either in person or by agent or agents authorized by written proxy. Such class of stockholder is entitled to distributions of profits or a share of the net assets upon dissolution.”

“Form 990 is reviewed annually prior to filing by an officer of the management company engaged by the taxpayer to manage the operations of the taxpayer. The return is then signed by a member of the taxpayer's governing body.”

“All employees of Core and Value Advisors, LLC, which includes the members of the taxpayer's governing body, are required to at least annually disclose and certify via an electronic reporting system that they have: received, read and understand all of the conflict of interest and other related policies and that understand and agree to conform with such policies.”

“The corporate bylaws of the taxpayer provide that no officers of the taxpayer shall receive any compensation. All voting members of the governing body are independent as detailed in Part VI, Section A, lines 1a and 1b above. The governing body insures that this policy and corporate bylaw is enforced and none of its members nor any officer or employee of the taxpayer receives any compensation from the taxpayer.”

“No documents available to the public.”

“Client Note 1 - Form 990Part VII, Section AAs provided in the corporate bylaws of the taxpayer, all officers and directors of the taxpayer serve as such without compensation and, as a result, the taxpayer is precluded from paying any compensation to any of the following officers/directors.DIRECTOR Jean-Marie MurphyOFFICERSPresident Jean-Marie MurphyVP Sol Raso Mark D. Carlson Stephen J. Pilch Daniel S. Weaver Matthew Jerry Brian Bill David Nix Drew Stepanek Gary Hunter Bianca TabournVice President & Treasurer Albert J. JehleVice President & Secretary Douglas SturialeAssistant Secretary James RatnerAssistantTreasurer Charlene Kiley”

“Client Note 2 - Note ASchedule N, Part IIThe taxpayer sold its only asset on December 23,2013, paid off the debts secured by the asset and distributed the remaining proceeds therefrom in anticipation of liquidation in a subsequent tax year.”

“Contributions = $171883”

“Depreciation not on books = $243277”

“Realized Gain = $14288461”

“Distributions of Capital = -$32000000”

“Distributions of earnings = -$1599000”

“Book/Tax Difference = -$18115144”