Alpha Gamma Delta Delta Epsilon House Inc

“No meetings were held in 2017.”

“NO MEETINGS HELD.”

“Eileen lyon, treasurer, reviews return before filing.”

“All documents are available upon request.”

“Transfer done in 2013 carries into 2017.”

“Alpha gamma delta-delta epsilon house, inc. ("agd-deh") entered into an agreement with alpha gamma delta fraternity housing corporation, inc. ("fhc") and alpha gamma delta fraternity, inc. ("agd"), providing for the transfer on july 1, 2013, all of the assets of the house association including title to the chapter house located at 624 hilgard avenue, los angeles, california, and all furniture, fixtures and equipment, other than cash on hand and reversionary rights created by the agreement, to the fhc or a related entity owned by agd ("chapter house transfer"). The chapter house transfer occurred pursuant to a grant deed dated june 3, 2013. In consideration of the chapter house transfer, fhc agreed to provide to agd-deh all services and work related to the remodeling and maintenance of the chapter house for use as the chapter house and to work to re-establish an active chapter of the agd on the campus of ucla. The agreement further provides, among other things, that (a) fhc cannot sell the chapter house during a seven year restriction period, other than to a related entity, without first offering it to agd-deh and (b) if a collegiate chapter was not re-established or fails during the seven year period, agd-deh would have the option to reacquire the chapter house for an amount equal to the depreciated value of the fhc's investment in renovations and capital improvements to the chapter house (excluding any allocation of fhc and agd overhead expenses), subject to certain conditions. The collegiate chapter was re-established and is existing as an active chapter of agd at ucla.”

“STATE TAXES 1,600.”

“Non-deductible penalty charged on a late state tax payment -223.”