Los Angeles County Electrical Educational and Training Trust Fund

Part I, Line 1 and Part III, Line 1:

“The Institute provides training and continuing education to apprentices and journeymen in the electrical industry to eligible individuals. approximately 1,400 individuals received training and/or continuing education. part vi, line 2: cathy o'bryant trustee director member to 6023 s garfield ave rick jarvis secretary secretary member to 6023 s garfield ave jim willson trustee director member to 6023 s garfield ave richard reed chairman chairman member to 6023 s garfield ave john harriel, jr. trustee director member to 6023 s garfield ave marvin kropke trustee director member to 6023 s garfield ave part vi, line 11b: management reviews the tax return. then, it recommends to the board the approval of the return prior to filing. part vi, line 12c: each trustee shall annually sign a statement which affirms such person: a. has received a copy of the conflicts of interest Policy, b. has read and understands the policy, c. has agreed to comply with the policy, and d. understands the INSTITUTE is not for profit and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax purposes. to ensure the Institute operates in a manner consistent with the non-profit purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic review shall, at a minimum, include the following subjects: a. whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. b. whether financial transactions entered into by the Institute conform to the Institute's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further the non-profit purposes and do not result in nurement,impermissible private benefit or in an excess benefit transaction. part vi, line 19: documents open to public inspection are available upon request.”