Read 2008BCOStatement.pdf text version

For Official Use Only

Bureau of Charitable Organizations 207 North Office Building Harrisburg, Pennsylvania 17120

Commonwealth of Pennsylvania Department of State Telephone: (717) 783-1720 (800) 732-0999 (within PA only) Fax: (717) 783-6014 Website: www.dos.state.pa.us/charities Tracy L. McCurdy, Director

Approved: RF: AF: LF: Fee Received:

Charitable Organization Registration Statement - Form BCO-10

q Check if registering voluntarily

(See note under "important information')

Certificate Number:

21782

(Renewals Only)

Fiscal Year Ended: 12 / 31 / os Employer Identification Number (EIN): q Check if name change Previous name: 2. All other names used to solicit contributions:

25-1118284

CLIENT'S COPY

1. Legal name of organization: Oil Region Alliance of Business, Industry and Tourism

3. Contact person: Dan Twombly Contact's E-mail: [email protected] .Physical address of organization: (Required) Mailing address: (If different than physical)

217 Elm Street P.O. Box 128

City: Oil City State: PA Zip code: 16301 County: Venango Phone number: 814-677-3152 E-mail (if different that Contact's E-mail): Website: www·oilregion.org

City: Oil

City

State: PA Zip code: 16301 800 number: Fax number: 814-677-5206

4. Names, addresses, and telephone numbers of all offices, chapters, branches, auxiliaries, affiliates, or other subordinate units located in Pennsylvania: (Attach

separate sheet if necessary)

N/A

Form BCO-10 Revised (7/2009) Page 1 of 6

5 For Organizations described in Section 162.7(a) of the Act, check section that describes organization: (See footnote #2 of instructions. Volunteer registrants do not

respond.)

162.7(a)(1) n 162.7(a)(3)

162.7(a)(2) q 162.7(a)(4)D Not Applicable

6 List type of organization (e.g. corporation, association, etc.): Corporation Where established: Venango County Date established:** Prior to 2004

**(initial registrants must submit copies of organizational documents such as charter, articles of incorporation, constitution, or other organizational instrument, and by-laws.)

7. Is any person compensated, or do you intend to compensate any person, for soliciting contributions in Pennsylvania, including employees of the organization and professional solicitors? Yes q No la (Do not check "Yes" if you only use or intend to

only use a professional fundraising counsel)

If "Yes", give date person or entity started or will start soliciting contributions from Pennsylvania residents. I I

Items 8 and 9 are required to be completed by initial registrants only

8. Date organization first solicited contributions from Pennsylvania residents:

/ /

9. If organization solicited Pennsylvania residents and received gross* contributions totaling more than $25,000 during the fiscal year covered by this registration statement, or during its current fiscal year, give date contributions first totaled more than $25,000. I I

'Includes contributions received both within and outside Pennsylvania

10. Has organization been granted IRS tax-exempt status? Yes El No

please submit copy of IRS exemption letter if not previously submitted.)

q (If "Yes",

A. If "Yes", under which IRS code section:

501(c)(3)

B. Has organization's tax-exempt status ever been denied, revoked, or modified? Yes q No El (If "Yes" attach copy of denial, revocation, or modification.) 11. Was the organization required to file an IRS 990 return and applicable schedules for its most recently completed fiscal year? Yes El No

q

(If "No", attach explanation of why organization is exempt from filing an IRS 990 return. An organization that is not required to file an IRS 990 return must file a Pennsylvania public disclosure form BCO-23. This includes an organization that files a 990N, 990EZ, or 990F'F.)

12. A clear description of the specific programs for which contributions will be used, and a statement whether such programs are planned or in existence:

To assist in the funding of the organization's integrated program to combat social, economic and cultural deterioration of the region.

Form BCD-10 Revised (7/2009) Page 2 of 6

13. Manner in which contributions are solicited (e.g. direct mail, telephone, Internet, etc.):

Direct mail, telephone, person-to-person

14. Is organization registered to solicit contributions in any other state or municipality? Yes [1] No el (If "Yes", list all states and municipalities. Attach separate

sheet if necessary.)

15. Names, addresses, and telephone numbers of all professional solicitors you use or intend to use to solicit contributions from Pennsylvania residents. For each entry, include the beginning and ending dates of all contracts, and dates Pennsylvania residents were first solicited, or will be solicited: (Attach separate

sheet if necessary)

N/A

16. Names, addresses, and telephone numbers of all professional fundraising counsels you use or intend to use to provide services with respect to the solicitation of contributions from Pennsylvania residents. For each entry, include the beginning and ending dates of all contracts, and dates services began, or will begin, with respect to soliciting contributions from Pennsylvania residents:

(Attach separate sheet if necessary)

N/A

17. Names, addresses, and telephone numbers of any commercial coventurers under contract with your organization:

N/A

Form BC0-10 Revised (7/2009) Page 3 of 6

18. If you are a parent organization located in Pennsylvania, do you elect to file a combined registration covering all of your Pennsylvania affiliates? Yes 11 No ri Not Applicable El (See note under "important information') If "Yes", give all names and certificate numbers of your affiliate organizations:

(For each affiliate whose parent organization files a Form IRS 990 group return, it must file a form BCO-23, in addition to filing a copy of the organization's Form IRS 990 return.)

19. Are you a Pennsylvania affiliate of a parent organization, which elected to file a combined registration on your behalf? Yes q No el (See note under "important

information')

If "Yes", provide the name and, if available, certificate # of your parent organization. (For each affiliate whose parent organization files a Form IRS 990 group

return, it must file a form BCD-23, in addition to filing a copy of the organization's Form IRS 990 return.)

(Legal name of parent organization)

(Certificate #)

20. Does your organization share contributions or other revenue with any other nonprofit corporation or unincorporated association? Yes q No El (If "Yes", attach

an explanation listing name, address, type of organization, and relationship to your organization.)

21. Does your organization share formal governance with amt other nonprofit corporation or unincorporated association? Yes q No L (If "Yes", attach an

explanation listing name, address, type of organization, and relationship to your organization.)

22. Does any other domestic or foreign organization own a 10% or greater interest in your organization? Yes [1] No El (If "Yes", attach the following information for each other

domestic or foreign organization: name and type of organization, whether organization is forprofit or nonprofit, and relationship of organization to your organization.)

23. Does your organization own a 10% or greater interest in any other domestic or foreign organization? Yes El No q (If "Yes'; attach the following information for each

other domestic or foreign organization: name and type of organization, whether organization is for-profit or nonprofit, and relationship of organization to your organization.)

24. Provide the names and addresses of all officers, directors, trustees, and principal salaried executive staff officers: (Attach separate sheet if necessary)

See attached Form 990

Form BCO-10 Revised (7/2009) Page 4 of 6

25. Names and addresses for: (Attachseparatesheetifnecessary) A. Individual(s) in charge of solicitation activities:

Randy Seitz P.O. Box 128, Oil City, PA 16301

B. Individual(s) with final responsibility for the custody of contributions:

Randy Seitz P.O. Box 128, Oil City, PA 16301

C. Individual(s) with final responsibility for final distribution of contributions:

Randy Seitz P.O. Box 128, Oil City, PA 16301

D. Individual(s) responsible for custody of financial records:

Dan Twombly P.O. Box 128, Oil City, PA 16301

26. If you answer "Yes" to any of the following, attach a list of related individuals with names, business, and residence addresses of related parties. Are any officers, directors, trustees, or employees related by blood, marriage, or adoption to: A. Any other officer, director, trustee, or employee? Yes q No B. Any officer, agent, or employee of any professional fundraising counsel or solicitor under contract with organization? Yes q No C. Any supplier or vendor providing goods or services? Yes q No 27. If you answer "Yes" to any of the following, attach full written explanations, including reasons for actions, and copies of all relevant documents. Has organization or any of its present officers, directors, executive personnel, trustees, employees, or fundraisers: A. Been found to have engaged in unlawful practices in the solicitation of contributions or administration of charitable assets or been enjoined from soliciting contributions or are such proceedings pending in this or any other jurisdiction? Yes q No B. Had its registration or license to solicit contributions denied suspended, or revoked by any governmental agency? Yes IL No C. Entered into any legally enforceable agreement such as a consent agreement, an assurance of voluntary compliance or discontinuance with any district attorney, Office of Attorney General, or other local or state governmental agency? Yes q No

Form BCO-10 Revised (7/2009) Page 5 of 6

I certify that the information provided in this registration, including all statements and documentation, is true and correct. I understand that the falsification of any statement or documentation is subject to criminal penalties for unsworn falsifications pursuant to 18 PA. C.S. § 4904. Date Signature of Chief Fiscal Officer Type or Print Name and Title of Chief Fiscal Officer Date Signature of Another Authorized Officer

Type or Print Name and Title of Another Authorized Officer Checklist

q Original Registration Statement Properly Signed and Dated q A Copy of Form IRS 990 Return and Required Schedules Signed and Dated by an Authorized Officer q Form BCO-23, if Required q Applicable Financial Statements q Registration Fee and any Late Filing Fees q Additional Filings, if an Initial Registrant

Form BCO-10 Revised (7/2009) Page 6 of 6

(Rev. 09-06) 717-783-1720 1-800-732-0999 (WITHIN PA) FAX 717-783-6014

COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE BUREAU OF CHARITABLE ORGANIZATIONS 207 NORTH OFFICE BUILDING HARRISBURG, PA 17120

Approved Reg. Fee P/F Fee Recv'd

EXTENSION OR NON-RENEWAL NOTICE FORM - BCO-2

(PERTAINS TO THE FILING OF REGISTRATION STATEMENT-FORM BC0-10 REQUIRED BY THE SOLICITATION OF FUNDS FOR CHARITABLE PURPOSES ACT)

Employer Identification # 25-1118284

Certificate #

21782

Official name, phone #, and principal address of charitable organization: q Check if name or address below is a change Oil Region Alliance of Business, Industry & Tourism (Full Official Name) P.O. Box 128 PA Oil City. (Address) (State) (City) (814)677-3152 (Phone ti). 16301 (Zip Code)

If an extension of time is required, please provide the information requested, complete Section A, sign and date below and return your request to the Bureau by your registration due date. Extensions not to exceed 180 days from the registration's due date may be requested. An organization failing to file an extension request by the due date must

pay a late filing fee of $25 for each month or part of a month after the date the registration was due to be filed. An extension request filed late cannot be approved unless the appropriate late filing fees are received.

The Bureau will send written notification indicating whether your request was approved. An extension request may be completed and signed by any authorized individual, including the organization's accountant, attorney, etc. An extension request may be faxed at the number listed above.

Renewal registrants may request an extension for any part of the registration. A renewal registrant must have an approved registration for its prior fiscal year for an extension request to be approved. Initial registrants may only request an extension for the submittal of financial information and the registration fee. A completed Registration Statement -- Form BC0-10, and a copy of any IRS tax exemption letter, the organization's charter, articles of incorporation, constitution or other organizational documents and bylaws must be submitted with the request.

If your organization is not required to renew its registration, please complete Section B below. A. An extension of time until November 11 t. 2009 for fiscal year ending 12 / 31 / 08 is requested for filing our Initial q Renewal q registration. Reason: Additional time is necessary to accumulate data for the completion of financial statements and ·re aration of re·istration form. B. If not required to file registration, please state the exemption from registration or the exclusion from the Act that is applicable (refer to page #8 for listing of exempt/excluded organizations). If the organization has been dissolved, please give date and attach supporting documentation. Be aware that an organization is required to renew

registration for each fiscal year the organization was engaged in solicitation activities in Pennsylvania.

We are not required to file registration for the fiscal year that ended: Reason:

/

/

Company Name and Address of individual completing Form BCO-2 (if different than above): 45 Seneca St., Oil City, PA 16301 Signature Print Name of si atory

&'A

James R. Hea ey, CPA

Phone # of signatory

(814 )676-5691

Date V/ 3/0

9

OIL REGION ALLIANCE FORM BCO-10, QUESTION 23 The Alliance has a 99% ownership interest in Drake Commons II Associates, a for profit domestic general partnership. The partnership indirectly owns rental real estate that was a result of an economic development initiative.

lylay Sir Company

Certified Public Accountants

45 Seneca Street Suite 200 Oil City, Pennsylvania 16301 814 / 676-5691 FAX: 814 / 677-2037

December 2, 2009 Oil Region Alliance of Business, Industry & Tourism P. 0. Box 128 Oil City, PA 16301 We enclose the following materials to complete your registration process for the Commonwealth of PA: 1. 2. 3. BCO Registration Statement Form 990 Audited Financial Statements

The registration must be signed by two officers, and all items mailed as soon as possible to: Commonwealth of PA, Department of State, Bureau of Charitable Organizations, 207 North Office Building, Harrisburg, PA 17120. Your check payable to the Commonwealth of PA in the amount of $150.00 should accompany your registration materials, along with a second check payable to the Commonwealth of PA in the amount of $25.00 to cover the late filing fee. A copy is enclosed for your files If you have any questions, please contact me at your convenience. Yours very truly,

James R. Heasley, CPA JRH:dm Enclosures

For Official Use Only

Bureau of Charitable Organizations 207 North Office Building Harrisburg, Pennsylvania 17120

Commonwealth of Pennsylvania Department of State Telephone: (717) 783-1720 (800) 732-0999 (within PA only) Fax: (717) 783-6014 Website: www.dos.state.pa.us/charities Tracy L. McCurdy, Director

Approved: RE: AF: LF: Fee Received:

Charitable Organization Registration Statement- Form BCO-10

q Check if registering voluntarily

(See note under "important information'?

Certificate Number:

21782

(Renewals Only)

Fiscal Year Ended: 12 / 31 / 08 Employer Identification Number (EIN):

25-1118284

1. Legal name of organization: Oil Region Alliance of Business, Industry and Tourism 111 Check if name change Previous name: 2. All other names used to solicit contributions:

3. Contact person: Dan Twombly Contact's E-mail: [email protected] Physical address of organization: (Required) Mailing address: (If different than physical)

217 Elm Street P.O. Box 128

City: Oil City State: PA Zip code: 16301 County: Venango Phone number: 814-677-3152 E-mail (If different that Contact's E-mail): Website: www.oilregion.org

City: Oil City State: PA Zip code: 16301 800 number: Fax number: 814-677-5206

4. Names, addresses, and telephone numbers of all offices, chapters, branches, auxiliaries, affiliates, or other subordinate units located in Pennsylvania: (Attach

separate sheet if necessary)

N/A

Form BC0-10 Revised (7/2009) Page 1 of 6

5. For Organizations described in Section 162.7(a) of the Act, check section that describes organization: (See footnote #2 of instructions. Volunteer registrants do not

respond.)

162.7(a)(1) 111 162.7(a)(3) q

162.7(a)(2) q 162.7(a)(4) q

Not Applicable

6. List type of organization (e.g. corporation, association, etc.): Corporation Where established: Venango County Date established:** Prior to 2004

**(Initial registrants must submit copies of organizational documents such as charter, articles of incorporation, constitution, or other organizational instrument, and by-laws.)

7. Is any person compensated, or do you intend to compensate any person, for soliciting contributions in Pennsylvania, including employees of the organization and professional solicitors? Yes q No el (Do not check "Yes" if you only use or intend to

only use a professional fundraising counsel.)

If "Yes", give date person or entity started or will start soliciting contributions from Pennsylvania residents. I I Items 8 and 9 are required to be completed by initial registrants only 8. Date organization first solicited contributions from Pennsylvania residents:

/

9. If organization solicited Pennsylvania residents and received gross* contributions totaling more than $25,000 during the fiscal year covered by this registration statement, or during its current fiscal year, give date contributions first totaled more than $25,000. / /

*Includes contributions received both within and outside Pennsylvania

10. Has organization been granted IRS tax-exempt status? Yes

please submit copy of IRS exemption letter if not previously submitted.)

No q (If "Yes", ·

A. If "Yes", under which IRS code section:

501(c)(3)

B. Has organization's tax-exempt status ever been denied, revoked, or modified? Yes q No El (If "Yes" attach copy of denial, revocation, or modification.) 11. Was the organization required to file an IRS 990 return and applicable schedules for its most recently completed fiscal year? Yes El No

q

(If "No", attach explanation of why organization is exempt from filing an IRS 990 return. An organization that is not required to file an IRS 990 return must file a Pennsylvania public disclosure form BCD-23. This includes an organization that files a 990N, 990EZ, or 990PF.)

12. A clear description of the specific programs for which contributions will be used, and a statement whether such programs are planned or in existence:

To assist in the funding of the organization's integrated program to combat social, economic and cultural deterioration of the region.

Form BC0-10 Revised (7/2009) Page 2 of 6

13. Manner in which contributions are solicited (e.g. direct mail, telephone, Internet, etc.):

Direct mail, telephone, person-to-person

14. Is organization registered to solicit contributions in any other state or municipality? Yes q No X (If "Yes", list all states and municipalities. Attach separate

sheet if necessary.)

15. Names, addresses, and telephone numbers of all professional solicitors you use or intend to use to solicit contributions from Pennsylvania residents. For each entry, include the beginning and ending dates of all contracts, and dates Pennsylvania residents were first solicited, or will be solicited: (Attach separate

sheet if necessary)

N/A

16. Names, addresses, and telephone numbers of all professional fundraising counsels you use or intend to use to provide services with respect to the solicitation of contributions from Pennsylvania residents. For each entry, include the beginning and ending dates of all contracts, and dates services began, or will begin, with respect to soliciting contributions from Pennsylvania residents:

(Attach separate sheet if necessary)

N/A

17. Names, addresses, and telephone numbers of any commercial coventurers under contract with your organization:

N/A

Form BC0-10 Revised (7/2009) Page 3 of 6

18. If you are a parent organization located in Pennsylvania, do you elect to file a combined registration covering all of your Pennsylvania affiliates? Yes r1 No H Not Applicable CI (See note under "important information") If "Yes", give all names and certificate numbers of your affiliate organizations:

(For each affiliate whose parent organization files a Form IRS 990 group return, it must file a form BCO-23, in addition to filing a copy of the organization's Form IRS 990 return.)

19. Are you a Pennsylvania affiliate of a parent organization, which elected to file a combined registration on your behalf? Yes q No El (See note under "important

information")

If "Yes", provide the name and, if available, certificate # of your parent organization. (For each affiliate whose parent organization files a Form IRS 990 group

return, it must file a form BCD-23, in addition to filing a copy of the organization's Form IRS 990 return.)

(Legal name of parent organization)

(Certificate #)

20. Does your organization share contributions or other revenue with any other nonprofit corporation or unincorporated association? Yes q No El (If "Yes", attach

an explanation listing name, address, type of organization, and relationship to your organization.)

21. Does your organization share formal governance with an other nonprofit corporation or unincorporated association? Yes q No (If "Yes", attach an

explanation listing name, address, type of organization, and relationship to your organization.)

22. Does any other domestic or foreign organization own a 10% or greater interest in your organization? Yes No El (If "Yes'; attach the following information for each other

q

domestic or foreign organization: name and type of organization, whether organization is forprofit or nonprofit, and relationship of organization to your organization.)

23. Does your organization own a 10% or greater interest in any other domestic or foreign organization? Yes El No q (If "Yes", attach the following information for each

other domestic or foreign organization: name and type of organization, whether organization is for-profit or nonprofit, and relationship of organization to your organization.)

24. Provide the names and addresses of all officers, directors, trustees, and principal salaried executive staff officers: (Attach separate sheet if necessary)

See attached Form 990

Form BCO-10 Revised (7/2009) Page 4 of 6

25. Names and addresses for: (Attach separate sheetifnecessary) A. Individual(s) in charge of solicitation activities:

Randy Seitz

P.O. Box 128, Oil City, PA 16301

B. Individual(s) with final responsibility for the custody of contributions:

Randy Seitz

P.O. Box 128, Oil City, PA 16301

C. Individual(s) with final responsibility for final distribution of contributions:

Randy Seitz

P.O. Box 128, Oil City, PA 16301

D. Individual(s) responsible for custody of financial records:

Dan Twombly

P.O. Box 128, Oil City, PA 16301

26 If you answer "Yes" to any of the following, attach a list of related individuals with names, business, and residence addresses of related parties. Are any officers, directors, trustees, or employees related by blood, marriage, or adoption to: A. Any other officer, director, trustee, or employee? Yes

q No q No

B. Any officer, agent, or employee of any professional fundraising counsel or solicitor under contract with organization? Yes q No C. Any supplier or vendor providing goods or services? Yes

27. If you answer "Yes" to any of the following, attach full written explanations, including reasons for actions, and copies of all relevant documents. Has organization or any of its present officers, directors, executive personnel, trustees, employees, or fundraisers: A. Been found to have engaged in unlawful practices in the solicitation of contributions or administration of charitable assets or been enjoined from soliciting contributions or are such proceedings pending in this or any other jurisdiction? Yes q No 111 B. Had its registration or license to solicit contributions denied suspended, or revoked by any governmental agency? Yes No

n

C. Entered into any legally enforceable agreement such as a consent agreement, an assurance of voluntary compliance or discontinuance with any district attorney, Office of Attorney General, or other local or state governmental agency? Yes q No

Form BC0-10 Revised (7/2009) Page 5 of 6

I certify that the information provided in this registration, including all statements and documentation, is true and correct. I understand that the falsification of any statement or documentation is subject to criminal penalties for unsworn falsifications pursuant to 18 PA. C.S. § 4904. Date Signature of Chief Fiscal Officer j 03(ii) )1 ), 0 mil Type or Print Name and Title of Chief

410

/2/0/0

°mooj, -1

Date /.2,/3/09 Authorized Officer

Oat Type or Print anle and Title of Another Authorized Officer Checklist

q Original Registration Statement Properly Signed and Dated q A Copy of Form IRS 990 Return and Required Schedules Signed and Dated by an Authorized Officer q Form BCO-23, if Required q Applicable Financial Statements q Registration Fee and any Late Filing Fees q Additional Filings, if an Initial Registrant

-/

Form BC0-10 Revised (7/2009) Page 6 of 6

(Rev. 09-06) 717-783-1720 1-800-732-0999 (WITHIN PA) FAX 717-783-6014

COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE BUREAU OF CHARITABLE ORGANIZATIONS 207 NORTH OFFICE BUILDING HARRISBURG, PA 17120

Approved Reg. Fee P/F Fee Recv'd

EXTENSION OR NON-RENEWAL NOTICE FORM - BCO-2

(PERTAINS TO THE FILING OF REGISTRATION STATEMENT-FORM BCO-10 REQUIRED BY THE SOLICITATION OF FUNDS FOR CHARITABLE PURPOSES ACT)

Employer Identification # 25-1118284

Certificate #

2 17 82

Official name, phone #, and principal address of charitable organization: q Check if name or address below is a change

Oil Region Alliance of Business,. Industry & Tourism

(Full Official Name)

(814)677-3152

(Phone #)

P.O. Box 128

(Address)

Oil City.

(City)

PA

(State)

16301

(Zip Code)

If an extension of time is required, please provide the information requested, complete Section A, sign and date below and return your request to the Bureau by your registration due date. Extensions not to exceed 180 days from the registration's due date may be requested. An organization failing to file an extension request by the due date must

pay a late filing fee of S25 for each month or part of a month after the date the registration was due to be filed. An extension request filed late cannot be approved unless the appropriate late filing fees are received.

The Bureau will send written notification indicating whether your request was approved. An extension request may be completed and signed by any authorized individual, including the organization's accountant, attorney, etc. An extension request may be faxed at the number listed above. Renewal registrants may request an extension for any part of the registration. A renewal registrant must have an approved registration for its prior fiscal year for an extension request to be approved. Initial registrants may only request an extension for the submittal of financial information and the registration fee. A completed Registration Statement -- Form BCO-10, and a copy of any IRS tax exemption letter, the organization's charter, articles of incorporation, constitution or other organizational documents and bylaws must be submitted with the request. If your organization is not required to renew its registration, please complete Section B below. A. An extension of time until November 11 , 2009 for fiscal year ending 12 / 31 / 08 is requested for filing our Initial q Renewal q registration. Reason: Additional time is necessary to accumulate data for the completion of financial statements and ·re aration of re·istration form. B. If not required to file registration, please state the exemption from registration or the exclusion from the Act that is applicable (refer to page #8 for listing of exempt/excluded organizations). If the organization has been dissolved, please give date and attach supporting documentation. Be aware that an organization is required to renew

registration for each fiscal year the organization was engaged in solicitation activities in Pennsylvania.

We are not required to file registration for the fiscal year that ended: Reason:

Company Name and Address of individual completing Form BCO-2 (if different than above):

0110.11

45 Signature

Seneca

St.,.

Oil

City,.

PA

16

301

[_/'A

9

Phone # of signatory ( 814) 676-5691

Date

Print Name of si atory James R.

HeMey, CPA

54 3/0 1

OIL REGION ALLIANCE FORM BCO-10, QUESTION 23 The Alliance has a 99% ownership interest in Drake Commons II Associates, a for profit domestic general partnership. The partnership indirectly owns rental real estate that was a result of an economic development initiative.

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