Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 3 | Corporation has ceased operations and liquidated all facilities, furniture and other assets for cash and transferred the net proceeds to its sponsoring organization, Knights of Columbus Council #4118, a 501(c)(8) fraternal organization. |
| Form 990, Part VI, Section A, Line 4 | The corporation's bylaws were amended on August 17, 2020 to reduce the number of Directors from 18 to 9. |
| Form 990, Part VI, Section A, Line 6 | Organization membership includes all members in good standing of Knights of Columbus Council #4118. |
| Form 990, Part VI, Section A, Line 7a | Members have the power to elect Directors of the Corporation. |
| Form 990, Part VI, Section A, Line 7b | In addition to election of Directors, members are also required to approve major sale of corporation's assets, distribution of the proceeds of such sale, and dissolution of the corporation. |
| Form 990, Part VI, Section B, Line 11b | A digital copy of Form 990 was distributed to all Directors. |
| Form 990, Part VI, Section C, Line 19 | A copy of 990 will be provided upon request. |
| Form 990, Part VIII, Line 7a | Corporation sold facilities, furniture and equipment at public auction on May 29, 2020. |
| Form 990, Part IX, Line 21 | As previously noted, all assets of the corporation were liquidated to cash, net proceeds were distributed to sponsoring organization and the corporation dissolved. |
| Form 990, Part XI, Line 9 | Loan from Interested Parties of with a balance of $15,000 at beginning of year noted on Schedule L was paid in full from proceeds of sale of corporation's assets. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |