Beta Delta of Alpha Phi Inc

“Members of this corporation shall be limited to those persons who shall meet all of the following qualifications:A.She shall be an initiated member in good standing of Alpha Phi International Fraternity.B.She shall have attained the age of majority under the laws of the state of California.C.She shall have paid her house/chapter bond in full to her collegiate chapter and shall not be in default in any other payments to the corporation.D.She shall have notified the secretary of the corporation of her desire to become a member and have furnished to the secretary a personal mailing address.E.At the option of the corporation board of directors, other interested persons may be invited to membership or may serve in an advisory role.”

“The form 990 is prepared by a certified public accountant. The return is then forwarded to the outside accountant who confirms the correctness of the tax return. The tax returns are sent to the board members for review and comments. After this process is satisfied, the returns are filed.”

“THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES (IF ANY) make a review of the conflict of interest policy and note any potential confilict in their annual meeting minutes.”

“The governing documents, policies and financial statements are available upon request.”

“Client Note 1 - FORM 990 PAGE 5 QUESTION 1CTHE ENTITY HAD NO PAYMENTS TO VENDORS SUBJECT TO BACKUP WITHHOLDING, NO GAMING PAYMENTS, AND NO GAMBLING PAYMENTS.”

“Client Note 2 - RELATIONSHIPS / AFFILIATIONSThere are approximately 90 House Corporation's that provide housing and social settings for members of Alpha Phi International Fraternity, Inc., including the House Corporation filing this tax return. House Corporations may look for some guidance to Alpha Phi International and/or other House Corporations, but are largely responsible for their own actions. Each entity operates under the broad Alpha Phi designation, but keeps local control. There is no parent / subsidiary, brother / sister, or supporting / supported relationship. Each entity files a separate exemption application and files its own separate form 990.”

“Client Note 3 - NET OPERATING LOSS CARRYFORWARD ELECTION FORM FEDERAL FORM 990T THE NET OPERATING LOSS CARRYFORWARD AVAILABLE FOR NEXT YEAR IS SHOW ON THE ATTACHED SCHEDULE.”