| FORM 990, PART VI, SECTION A, LINE 6 |
THE BOARD OF DIRECTORS OF THE WILLIAMSPORT/LYCOMING CHAMBER OF COMMERCE ("WLCC") ARE CLASS A MEMBERS OF THE INDUSTRIAL PROPERTIES CORPORATION ("IPC"). ANY PERSON INTERESTED IN INDUSTRIAL DEVELOPMENT MAY APPLY FOR MEMBERSHIP AS A CLASS 3 MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A |
THE CLASS A MEMBERS ELECT THE IPC BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B |
THE BYLAWS MAY BE AMENDED, ALTERED, OR REPEALED BY A MAJORITY OF CLASS A MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
MANAGEMENT AND BOARD MEMBER REPRESENTATIVES REVIEW FORM 990 BEFORE FILING THE RETURN WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST, AND SIGN A STATEMENT WHICH AFFIRMS THAT 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 ORGANIZATION IS CHARITABLE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. COMPLIANCE WITH THIS POLICY IS MONITORED ANNUALLY BY THE CFO. |
| FORM 990, PART VI, SECTION B, LINE 15 |
WLCC DETERMINES THE COMPENSATION OF THE CEO THROUGH COMPENSATION COMMITTEES, WRITTEN EMPLOYMENT CONTRACTS, AND APPROVAL BY THE BOARD. THE ANNUAL REVIEW AND APPROVAL OF COMPENSATION IS CONTEMPORANEOUSLY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
Attach to Form 990 or 990-EZ.