TY 2020 Form 990

(A) Name and business address	(B) Description of services	(C) Compensation
CROWE LLP P O BOX 71570 CHICAGO,IL606941570	AUDIT/TAX SERVICES	771,236
CAPSTONE ON-CAMPUS MANAGEMENT LLC 1500 Urban Center Drive Suite 400 BIRMINGHAM,AL35242	MANAGEMENT COMPANY	749,777
UNIVERSITY STUDENT LIVING MANAGEMENT LLC 3 E STOW ROAD STE 260 MARLTON,NJ08053	MANAGEMENT COMPANY	500,899
CAMPUS APARTMENTS 4043 WALNUT STREET PHILADELPHIA,PA19104	MANAGEMENT COMPANY	364,427
RISE RESIDENTIAL II LLC 129 N PATTERSON STREET VALDOSTA,GA31601	MANAGEMENT COMPANY	303,300
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 14

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2020

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2016	(b) 2017	(c) 2018	(d) 2019	(e) 2020	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2016	(b) 2017	(c) 2018	(d) 2019	(e) 2020	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2020 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2019 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2020. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2019. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2020. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2019. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2020

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2016	(b) 2017	(c) 2018	(d) 2019	(e) 2020	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	124,160	2,000	6,862	650,000	1,790,293	2,573,315
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	82,755,845	88,574,375	87,135,054	171,619,327	155,858,678	585,943,279
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....						0
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...						0
5	The value of services or facilities furnished by a governmental unit to the organization without charge						0
6	Total. Add lines 1 through 5	82,880,005	88,576,375	87,141,916	172,269,327	157,648,971	588,516,594
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons	0	0	0	0	0	0
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.	0	0	0	0	0	0
c	Add lines 7a and 7b..	0	0	0	0	0	0
8	Public support. (Subtract line 7c from line 6.)						588,516,594

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2016	(b) 2017	(c) 2018	(d) 2019	(e) 2020	(f) Total
9	Amounts from line 6...	82,880,005	88,576,375	87,141,916	172,269,327	157,648,971	588,516,594
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	858,393	1,178,806	2,054,405	3,352,491	2,069,700	9,513,795
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.	38,724	37,417	54,541	57,055	43,297	231,034
c	Add lines 10a and 10b.	897,117	1,216,223	2,108,946	3,409,546	2,112,997	9,744,829
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.						0
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..	10,946,343	49,748,901	17,571,233	20,150,071	21,785,854	120,202,402
13	Total support. (Add lines 9, 10c, 11, and 12.)..	94,723,465	139,541,499	106,822,095	195,828,944	181,547,822	718,463,825

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2020 (line 8, column (f) divided by line 13, column (f)) .........

81.91 %

Public support percentage from 2019 Schedule A, Part III, line 15 ...............

82.00 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2020 (line 10c, column (f) divided by line 13, column (f)) ......

1 %

Investment income percentage from 2019 Schedule A, Part III, line 17 .............

1.31 %

19a

331/3% support tests—2020. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2019. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2020

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990 or 990-EZ) 2020

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described in 11a above?

11b

A 35% controlled entity of a person described in line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2020

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2020

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2020 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2020	(iii) Distributable Amount for 2020
1 Distributable amount for 2020 from Section C, line 6
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2020:
a From 2015.......
b From 2016.......
c From 2017.......
d From 2018.......
e From 2019.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2020 distributable amount
i Carryover from 2015 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2020 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2020 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2021. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2016.....
b Excess from 2017.....
c Excess from 2018.....
d Excess from 2019.....
e Excess from 2020.....

Schedule A (Form 990 or 990-EZ) (2020)

Schedule A (Form 990 or 990-EZ) 2020

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
Schedule A, Part III, Line 12 Other Income	DESCRIPTION - OTHER INCOME, COLUMN A - 10946343.0, COLUMN B - 49748901.0, COLUMN C - 17571233.0, COLUMN D - 20150071.0, COLUMN E - 21785854.0, COLUMN F - XXX-XX-XXXX.0;

Schedule A (Form 990 or 990-EZ) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2

Name of organization Provident Resources Group Inc

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 3

Name of organization Provident Resources Group Inc		Employer identification number 58-2492101

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 4


Name of organization Provident Resources Group Inc			Employer identification number 58-2492101
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2020

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .......................

3a(i)

(ii) Related organizations .......................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	50,840,223		50,840,223
b	Buildings ....	1,395,162,399	225,239,144	1,169,923,255
c	Leasehold improvements	398,025	21,653	376,372
d	Equipment ....	104,173,293	61,632,780	42,540,513
e	Other .....	170,763,906	4,292,767	166,471,139
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				1,430,151,502

Schedule D (Form 990) 2020

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)RESTRICTED ESCROW				422,285,132
(2)INTEREST RATE SWAP RECEIVABLE				112,919
(3)NET INVESTMENT IN SALES TYPE LEASE				348,434,744
(4)TENANT SECURITY AND OTHER DEPOSITS				781,712
(5)ACCRUED INTEREST RECEIVABLE				833,333
(6)CONCESSION AGREEMENT				139,040,981
(7)DUE FROM AFFILIATES				8,246,230
(8)GOODWILL				31,834,000
(9)RIGHT OF USE ASSET				16,177,911
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				967,746,962

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	143,625,928
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2020

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Schedule D, Part VI, Line 1e Other	THE FOLLOWING ENTITY WAS PARTIALLY UNDER CONSTRUCTION IN 2020 AND HAD "CONSTRUCTION IN PROGRESS" TOTALS IN THE "OTHER" CATEGORY: PROVIDENT GROUP - FLAGSHIP PROPERTIES - $60,343,702 PROVIDENT GROUP - UIUC PROPERTIES - $59,185,805 PROVIDENT GROUP - ULM PROPERTIES - $7,410,460 PROVIDENT GROUP - NCCU PROPERTIES - $13,307,368 PROVIDENT GROUP - UIC SURGERY CENTER - $25,093,847
Schedule D, Part IX Other Assets	THE FOLLOWING ENTITY WAS EITHER PARTIALLY OR FULLY UNDER CONSTRUCTION IN 2020 AND HAD "RESTRICTED ESCROW" TOTALS IN THE "OTHER ASSETS" CATEGORY: PROVIDENT GROUP - FLAGSHIP PROPERTIES - $38,269,317 PROVIDENT GROUP - UIUC PROPERTIES - $28,084,944 PROVIDENT GROUP - ULM PROPERTIES - $4,867,759 PROVIDENT GROUP - NCCU PROPERTIES - $32,553,363 PROVIDENT GROUP - UIC SURGERY CENTER - $148,944,562

Schedule D (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Graphic Arrow

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Graphic Arrow

Attach to Form 990.
Graphic Arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2020

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1STEVE HICKS CHAIRMAN & CEO	(i) (ii)	547,856 ------------- 0	0 ------------- 0	21,729 ------------- 0	2,850 ------------- 0	12,284 ------------- 0	584,719 ------------- 0	0 ------------- 0
2DEBRA W LOCKWOOD PRESIDENT & CFO (Partial Year)	(i) (ii)	334,270 ------------- 0	0 ------------- 0	1,916 ------------- 0	2,850 ------------- 0	22,587 ------------- 0	361,623 ------------- 0	0 ------------- 0
3DONOVAN O HICKS EVP & CHIEF LEGAL OFFICER	(i) (ii)	322,961 ------------- 0	20,000 ------------- 0	49,004 ------------- 0	0 ------------- 0	31,252 ------------- 0	423,217 ------------- 0	0 ------------- 0
4MARLA SCANNICCHIO EXECUTIVE VICE PRESIDENT & CAO	(i) (ii)	248,327 ------------- 0	20,000 ------------- 0	23,201 ------------- 0	2,850 ------------- 0	30,887 ------------- 0	325,265 ------------- 0	0 ------------- 0
5CHRISTOPHER HICKS EVP of Capital Markets and Corporate Development	(i) (ii)	348,400 ------------- 0	45,000 ------------- 0	933 ------------- 0	0 ------------- 0	28,319 ------------- 0	422,652 ------------- 0	0 ------------- 0
6DAVID GRAND JR SENIOR VICE PRESIDENT & ASSOCIATE GENERAL COUNSEL	(i) (ii)	195,900 ------------- 0	20,000 ------------- 0	23,491 ------------- 0	2,401 ------------- 0	20,638 ------------- 0	262,430 ------------- 0	0 ------------- 0
7PAMELA FORESTIER SENIOR VICE PRESIDENT & CONTROLLER	(i) (ii)	188,501 ------------- 0	3,000 ------------- 0	1,440 ------------- 0	1,938 ------------- 0	2,308 ------------- 0	197,187 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2020

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
Schedule J, Part II, Column (B)(iii) OTHER REPORTABLE COMPENSATION	PROVIDENT RESOURCES GROUP INC.'S PAID TIME OFF POLICY REQUIRES EMPLOYEES TO PAYOUT ACCRUED PTO OVER A SPECIFIC LIMIT (WHICH IS DETERMINED ANNUALLY). THE TOTAL AMOUNT OF PTO PAYOUTS FOR EMPLOYEES LISTED ON SCHEDULE J IS BROKEN OUT BELOW: STEVE HICKS - $19,781 DONOVAN HICKS - $47,500 DAVID GRAND - $22,615 MARLA SCANNICCHIO - $22,115

Schedule J (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

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Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization
Provident Resources Group Inc

Employer identification number
58-2492101

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	12-15-2004	14,610,000	new infrastructure & facilities		X		X		X
B	CABELL COUNTY WEST VIRGINIA	55-6000305		07-30-2010	9,353,000	ACQUISITION OF FACILITIES		X		X		X
C	Public Finance Authority	27-3866124	74439YAA9	08-11-2011	88,345,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
D	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	645918YV9	06-11-2010	210,763,676	NEW INFRASTRUCTURE & FACILITIES	X			X		X
	LA Local Gov environ facilities & community development authority	72-1416168		01-10-2007	3,500,000	new office building		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817		06-11-2010	23,600,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CABELL COUNTY WEST VIRGINIA	55-6000305	12681XAD0	07-30-2010	79,737,500	ACQUISITION OF FACILITIES		X		X		X
	LA Local Gov environ facilities & community development authority	72-1416168	546279UQ1	08-09-2007	17,570,000	new infrastructure & facilities		X		X		X
	SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY	59-2349746		12-30-2013	56,000,000	ACQUISITION OF FACILITIES		X		X		X
	CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY	68-0164610	13078RFG0	05-13-2013	44,650,000	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	DISTRICT OF COLUMBIA	53-6001131	25483WAK8	02-14-2013	113,931,725	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NJ ECONOMIC DEVELOPMENT AUTHORITY	22-2015817	64577BHW7	04-30-2015	130,507,859	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TBU5	09-28-2016	251,518,866	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCL4	10-03-2017	94,664,533	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PUBLIC FINANCE AUTHORITY	27-3866124	74444UAE2	02-28-2017	114,986,300	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577BG57	02-23-2017	45,068,815	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	MARYLAND ECONOMIC DEVELOPMENT CORPORATION	52-1376562		09-26-2017	42,590,000	REFINANCE SERIES 2009 BONDS		X		X		X
	NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY	22-2045817	64577B4L5	12-28-2017	199,932,376	ADVANCED PARTIAL REFUNDING OF SERIES 2010A BONDS		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052AAS5	07-19-2018	66,054,683	REFUNDING BAN/ACQUISITION OF INTERESTS IN PARKING SYSTEM		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052TCV5	03-28-2019	371,924,669	ACQUISITION OF SENIOR LIVING PROPERTIES		X		X		X
	VIRGINIA SMALL BUSINESS FINANCING AUTHORITY	54-1300845	92810PAY7	02-08-2019	111,095,831	ACQUISITION OF INTEREST IN FACILITIES		X		X		X
	LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPME NT AUTHORITY	72-1416168	54628CHY1	05-29-2019	27,360,508	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	PALM BEACH COUNTY FLORIDA	59-6000785	696547GK8	06-25-2019	43,025,276	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584	04052VAU4	06-20-2019	122,504,583	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY	81-3526584		04-16-2019	27,923,100	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	A52017AT3	05-30-2019	76,320,022	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	LOUISIANA PUBLIC FACILITIES AUTHORITY	72-0895871	54639TCV2	09-26-2019	92,417,529	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	ILLINOIS FINANCE AUTHORITY	86-1091967	452031AR8	08-27-2020	171,135,473	NEW INFRASTRUCTURE & FACILITIES		X		X		X
	CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY	35-2273601	13069BAR7	12-17-2020	78,256,258	ACQUISITION OF FACILITIES		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	3,915,000		617,000		1,420,000		25,015,000
2 Amount of bonds legally defeased ..............	0		0		0		186,375,000
3 Total proceeds of issue ..................	14,829,638		9,353,000		88,345,556		211,085,651
4 Gross proceeds in reserve funds .............	904,109		0		4,146,000		15,257,694
5 Capitalized interest from proceeds .............	778,433		0		2,491,744		20,420,739
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	255,385		0		2,321,522		2,971,990
8 Credit enhancement from proceeds .............	159,156		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	12,732,555		9,353,000		79,386,290		168,583,305
11 Other spent proceeds .............	0		0		0		3,851,923
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2005		2010		2012		2011
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2019, a current refunding issue)? ........		X		X		X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2019, an advance refunding issue)? ........		X		X		X	X
16 Has the final allocation of proceeds been made? ..........	X		X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2020

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X		X		X
b Exception to rebate? ........		X	X			X		X
c No rebate due? .........	X			X	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X	X			X

Schedule K (Form 990) 2020

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?	X			X	X			X
b Name of provider ..........	Regions Financial Corp				BOACompass		Regions Financial Corp
c Term of hedge .........	700 %				1000 %		700 %
d Was the hedge superintegrated? ......		X				X		X
e Was the hedge terminated? ........		X				X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?	X			X		X	X
b Name of provider ..........	Morgan Stanley Flexible Agreements Inc		Bayerische Landesbank		DEUTSCHE BANK SECURITIES		NATIXIS FUNDING CORP
c Term of GIC .........	400 %		200 %		200 %		800 %
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........	X		X		X		X
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

---------------------------------------------------------------------------------------------------------------	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
Schedule K, Part IV, Line 4c Term of Hedge	For all bonds reported on Schedule K, the term of the hedge reported is the original term of the hedge.
Schedule K, Part III, Line 3a Management Contracts	THE TAXPAYER HAS ENTERED INTO MANAGEMENT AGREEMENTS WITH RESPECT TO CERTAIN OF THE PROJECTS DESCRIBED IN SCHEDULE K. THESE CONTRACTS HAVE BEEN REVIEWED BY BOND COUNSEL AND TAXPAYER'S COUNSEL TO ENSURE COMPLIANCE WITH REVENUE PROCEDURE 97-13, 2016-6 AND 2017-13, IF APPLICABLE.
Schedule K, Part V Procedures to Undertake corrective action	The Organization has established a written Tax-Exempt Bond Compliance Policy whose purpose is to help foster compliance with rules regarding recordkeeping, investments and arbitrage of bond proceeds, expenditure of bond proceeds and private business use related to tax-exempt bonds. The Organization reviews the use of those proceeds on an on-going basis. The Organization would alert the Issuer to any identified violations of federal tax requirements related to these bonds in a timely manner. The organization would cooperate with the issuer as necessary to comply with the voluntary closing agreement program if self-remediation is not available. As of December 31, 2020, the Organization is not aware of any violations of federal tax requirements related to any outstanding tax-exempt bonds.
Schedule K, Part IV, Line 2b Exception to Rebate	For all bonds reported on Schedule K, the project and cost of issuance funds were spent within the temporary periods; however, an arbitrage rebate liability calculation is still required and performed as required. Therefore, the bonds do not qualify for an exception to rebate.
Schedule K, Part II, Line 11 LA LOCAL GOVT ENVIR FACILITIES FOR 17,570,000	OTHER SPENT PROCEEDS USED TO PAY INTEREST.
Schedule K, Part IV, Line 5c TERM OF GIC	FOR ALL BONDS REPORTED ON SCHEDULE K, THE TERM OF THE GIC REPORTED IS COMPUTED FROM THE DATE OF ISSUE OF THE BONDS TO THE DATE OF TERMINATION OF THE GIC.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY $210,763,676	OTHER SPENT FUNDS OF $3,851,923 ON THE NEW JERSEY ECONOMIC DEVELOPMENT FUNDS: IN 2011, $3,851,923 OF PROCEEDS FROM THIS 2010A SERIES BOND WERE ISSUED. THIS AMOUNT WAS ISSUED TO REDEEM SERIES 2010B BONDS IN ACCORDANCE WITH SECTION 3.4(B) OF THE TRUST INDENTURE. AN OPINION WAS RECEIVED FROM TAX COUNSEL THAT STATED THAT USING THE PROCEEDS TO REDEEM THE SERIES B BONDS WOULD NOT ADVERSELY AFFECT THE EXCLUSION FROM GROSS INCOME OF THE INTEREST ON THE BONDS FOR FEDERAL INCOME TAX PURPOSES.
Schedule K, Part III, Line 5 PRIVATE BUSINESS USE	FOR CABELL COUNTY, WEST VIRGINIA $79,737,500 ISSUE: FOR BONDS ISSUED BY CABELL COUNTY, WEST VIRGINIA, APPROXIMATELY $43,297 OF TAXABLE UNRELATED BUSINESS INCOME WAS IDENTIFIED FOR THE CALENDAR YEAR ENDING 12.31.2020. TOTAL REVENUES FOR THIS PROJECT WERE $8,883,175 FOR THE CALENDAR YEAR ENDING 12.31.2020 RESULTING IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED BUSINESS ACTIVITY CARRIED OF LESS THAN 1%.
Schedule K, Part IV, Line 3 Variable Rate Issue versus Fixed Rate Issue	For LA Local Government Environmental Facilities and Community Development Authority (January 2007) SCHEDULE K - BOND ISSUANCE FOR LA FACILITIES FOR BUILDING OFFICE BUILDING - THIS ISSUANCE HAD 3 SERIES 2007A 2,635,000 VARIABLE RATE 2007B 465,000 FIXED RATE 2007C 400,000 FIXED RATE
Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K	IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF EACH RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS THROUGH YEAR PLACED IN SERVICE. INVESTMENT EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE.
Schedule K, Part IV, Line 5c ISSUER: CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY	FOR CALIFORNIA STATEWIDE COMMUNITIES DEV AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $45,068,815	FOR THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY - $43,220,000, THREE GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 1 YR GIC ISSUED BY DEUTSCHE BANK - TERM 4 YRS GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part II, Line 11 MARYLAND ECONOMIC DEVELOPMENT - $42,590,000	OTHER SPENT PROCEEDS OF $38,304,548 WAS USED TO PAYOFF SERIES 2009 BONDS. THE REMAINING $1,216,746 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2009 BONDS.
Schedule K, Part II, Line 11 NEW JERSEY ECONOMIC DEVELOPMENT - $199,932,376	OTHER SPENT PROCEEDS OF $186,375,000 WAS USED TO PAY A PARTIAL REFUNDING OF SERIES 2010 BONDS. THE REMAINING $7,780,582 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2010 BONDS.
Schedule K, Part II, Line 11 ARIZONA DEVELOPMENT AUTHORY - $66,054,683	OTHER SPENT PROCEEDS OF $59,320,000 WAS USED TO PAY A REFUNDING OF SERIES 2018 BAN. THE REMAINING $1,133,671 WAS USED TO PAY ACCRUED INTEREST FROM SERIES 2018 BAN.
Schedule K, Part IV, Line 5c AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY $371,924,669	FOR ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY, THREE GICS WERE ISSUED: GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 10 YRS
Schedule K, Part IV, Line 5c PALM BEACH COUNTY, FLORIDA $43,025,276	FOR PALM BEACH COUNTY, FLORIDA: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 1 YR 1 GIC ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part IV, Line 5c ILLINOIS FINANCING AUTHORITY $76,320,022	FOR ILLINOIS FINANCING AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY DEUTSCHE BANK - TERM 2 YRS
Schedule K, Part IV, Line 5c LOUISIANA PUBLIC FACILITIES AUTHORITY $92,417,529	FOR LOUISIANA PUBLIC FACILITIES AUTHORITY: 2 GIC'S ISSUED BY BAYERISCHE LANDESBANK - TERM 2 YRS
Schedule K, Part I, Column (c) Arizona Industrial Development Authority CUSIP #	04052AAZ9 AND 04052ABA3
Schedule K, Part IV, Line 5c ILLINOIS FINANCE AUTHORITY $171,135,473	FOR ILLINOIS FINANCE AUTHORITY, TWO GICS WERE ISSUED: GIC ISSUED BY SOCIETE GENERAL - TERM 2 YEARS GIC ISSUED BY SOCIETE GENERAL - TERM 3 YEARS
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: Public Finance Authority The calculation for computing no rebate due was performed on 09/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 01/01/2017
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: CABELL COUNTY, WEST VIRGINIA The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: LA Local Gov environ facilities & community development authority The calculation for computing no rebate due was performed on 06/15/2017
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/28/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/15/2018
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: DISTRICT OF COLUMBIA The calculation for computing no rebate due was performed on 04/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NJ ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 04/30/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/28/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: MARYLAND ECONOMIC DEVELOPMENT CORPORATION The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/01/2020
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/19/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 07/01/2020
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 01/01/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 10/01/2020

Schedule K (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2020

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) STUART HICKS	FAMILY MEMBER OF DONOVAN O. HICKS, OFFICER	30,830	PAYROLL		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990 or 990-EZ) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Return Reference	Explanation
Form 990, Part III, Line 1 MISSION STATEMENT	(CONTINUED FROM FORM 990, PART III, LINE 1) OPERATION, MANAGEMENT, AND DISPOSITION OF SKILLED NURSING FACILITIES, ASSISTED LIVING FACILITIES, INDEPENDENT LIVING FACILITIES, REHABILITATIVE CARE FACILITIES, AND OTHER TYPES OF SENIOR LIVING FACILITIES. - SERVE TO PROMOTE AND ADVANCE THE PHYSICAL HEALTH, EMOTIONAL HEALTH, MENTAL HEALTH AND SOCIAL WELL-BEING OF THE INDIVIDUALS, FAMILIES, AND COMMUNITIES SERVED BY THE ORGANIZATION, WHICH MAY BE ACCOMPLISHED BY THE DEVELOPMENT, CONSTRUCTION, ACQUISITION, OWNERSHIP, MANAGEMENT, MAINTENANCE, OPERATION, AND DISPOSITION OF GENERAL AND ACUTE CARE, HOSPITAL FACILITIES, MEDICAL CLINICS, MENTAL HEALTH FACILITIES, REHABILITATIVE CARE FACILITIES, PEDIATRIC FACILITIES, MEDICAL RESEARCH AND DIAGNOSTIC FACILITIES, MEDICAL TRAINING AND EDUCATIONAL FACILITIES, AND OTHER TYPES OF INPATIENT RELATED SERVICES, PROGRAMS, AND ACTIVITIES THAT MAY BE PURSUED. - SERVE TO RELIEVE THE POOR AND DISTRESSED, COMBAT COMMUNITY DETERIORATION, ELIMINATE DISCRIMINATION AND PREJUDICE, AND LESSEN NEIGHBORHOOD TENSIONS BY PROVIDING SAFE, DECENT, AND SANITARY HOUSING TO PERSONS OF LOW AND VERY LOW INCOME. - SERVE TO LESSEN THE BURDEN OF GOVERNMENT, WHICH CHARITABLE PURPOSE MAY BE ACCOMPLISHED THROUGH VARIOUS MEANS, INCLUDING, WITHOUT LIMITATION, THE DEVELOPMENT, CONSTRUCTION, ACQUISITION, OWNERSHIP, MANAGEMENT, MAINTENANCE, OPERATION AND DISPOSITION OF PUBLIC FACILITIES, PUBLIC BUILDINGS, PUBLIC WORKS, AND INFRASTRUCTURE OF VARIOUS TYPES. - SERVE TO PROMOTE AND ADVANCE EDUCATION THROUGH VARIOUS MEANS INCLUDING THE DEVELOPMENT, CONSTRUCTION, ACQUISITION, OWNERSHIP, MANAGEMENT, MAINTENANCE, OPERATION, AND DISPOSITION OF FACILITIES OF VARIOUS TYPES INCLUDING EDUCATIONAL, RESEARCH, AND STUDENT-HOUSING FACILITIES AND THROUGH THE PROVISION OF DEVELOPMENT, ENRICHMENT, COUNSELING, TUTORING, AND OTHER ACTIVITIES, SERVICES, AND PROGRAMS.
Form 990, Part III, Line 4 COVID-19	On January 30, 2020, the World Health Organization declared the novel coronavirus (COVID-19) a Public Health Emergency of International Concern. Later, on March 11, 2020, the World Health Organization made the assessment that COVID-19 was a global health pandemic. Measures taken by federal, state, and local officials to contain the spread of the virus, including travel bans, quarantines, social distancing, and closures of non-essential services have triggered significant disruptions to businesses, resulting in an economic slowdown. The outbreak of COVID-19 has also caused disruption in operations throughout PRG's portfolio.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	Board-Delegated Power Committees of Directors; Executive Committee: Pursuant to Section 14-3-825 of the Act, the Board of Directors, by resolution passed by a majority of the Directors then in office, may designate one or more other committees to have to the extent provided in such resolution. The Board of Directors may designate and exercise the Board of Director's authority under Section 14-3-801 of the Act ("Board-delegated powers") such committees as it determines necessary or appropriate for the conduct of the Corporation's affairs, each such committee to consist of such Directors of the Corporation and such other persons (who formerly were members of the Board of Directors) as are appointed by the board who shall serve at the pleasure of the Board of Directors. Except to the extent that such grant of powers is limited by Section 14-3-825 of the Act, to the extent provided in the resolution, any such committee with Board-delegated powers will have and may exercise all the authority of the Board of Directors granted to it by resolution of the Board of Directors. Such committee or committees will have such name or names as may be determined from time to time by resolution adopted by the Board of Directors. Each committee shall elect a chairman from among the members of such committee. Each committee shall also keep regular minutes of its proceedings and report the same to the Board of Directors when required. The Board of Directors may, by resolution passed by a majority of the Directors then in office, at any time change the members of; fill vacancies in; limit, expand or alter the authority of; and discharge any committee of said Board of Directors. The Board of Directors may, but shall not be required to, create an Executive Committee of the Board of Directors. If created, the Executive Committee shall be created pursuant to this Section 7.1 and shall, in the interim between meetings of the Board of Directors, have and exercise such power and authority of the Board of Directors under Section 14-3-801 in the management of the affairs of the Corporation as are delegated by the Board of Directors as limited by the Act.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	STEVE E HICKS, DONOVAN HICKS and CHRISTOPHER HICKS - Family relationship
Form 990, Part VI, Line 3 Delegation of management duties	A few of Provident Resources Group, Inc.'s education and senior living properties are managed by a related company, Provident Resources Management, LLC (PRM). PRM contracts with an unaffiliated management agent to oversee the on-site staff and manage the operations of the Properties. The management fees are 1.75-5.00% of the gross receipts of the properties. The management agreements are on a month to month basis until terminated by either party with 30 days' written notice. THE MAJORITY OF PROVIDENT RESOURCES GROUP, INC.'S PROPERTIES ARE MANAGED BY UNAFFILIATED MANAGEMENT COMPANIES. MANAGEMENT COMPANIES ARE RESPONSIBLE FOR PLANNING AND EXECUTING BUDGETS OR FINANCIAL OPERATIONS.
Form 990, Part VI, Line 11b Review of form 990 by governing body	The final draft of the Form 990 was reviewed in detail by management. The final draft was then presented to audit committee (comprised of non management board members) for their review and information. Following the audit committee's review, each voting member of the governing body received a copy of the Form 990 before it was filed with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policy	All members of senior management, board of directors, and board committees sign annual conflict of interest statements. All statements are collected and reviewed by Chief Compliance Officer. Electronic and paper copies of all COI forms are maintained. If a matter concerning a potential conflict arises at a committee or board meeting, the conflict is evaluated without the potentially conflicted member and a determination is made by the committee or governing board about whether the person should be restricted from discussion and vote.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	The human resources department performs a market review of compensation for all officers. That analysis is compared to historical compensation and evaluated relative to the percentile for the industry and size. Combined with overall performance, the analysis is presented to the Compensation Committee comprised of members of the governing board for their review, deliberation, and decision regarding compensation for the officers. This process was used for the compensation of the Chairman & CEO, the President & CFO, and the Executive VP and Chief Legal Officer. Minutes are maintained to document the deliberations and actions of the committee.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	See narrative above for Part VI, Line 15a
Form 990, Part VI, Line 19 Required documents available to the public	The organization's financial statements, conflict of interest policy, and governing documents are available upon written request.
Form 990, Part VIII, Line 2c REVENUE FROM SALES-TYPE LEASE	Provident Resources Group Inc's education properties have net investment in sales-type leases. The properties deferred the interest income on the sales-type leases, which is being recognized as operating interest income over the life of the leases.
Form 990, Part VIII, Line 2f Other Program Service Revenue	Ancillary Revenue - Total Revenue: 507325, Related or Exempt Function Revenue: 507325, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue	Other - Total Revenue: 10350482, Related or Exempt Function Revenue: 10350482, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	UNREALIZED GAIN/LOSS ON INTEREST RATE SWAP - -5779142; ELIMINATION ADJUSTMENT - -1594975;

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2020

Open to Public Inspection

Name of the organization

Provident Resources Group Inc

Employer identification number

58-2492101

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) GRACELAND NURSING CENTER LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 62-1826172	SENIOR LIVING	TN	0	251,272	PROVIDENT RESOURCES GROUP INC
(2) PROVIDENT FOUNDATION-WEDGEWOOD TERRACE LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 72-1502336	ASSISTED LIVING	ID	1,722,474	2,327,573	PROVIDENT RESOURCES GROUP INC
(3) PROVIDENT GROUP-CITRUS HEALTH AND REHABILITATION CENTER LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 75-3006601	SENIOR LIVING	DE	0	2,171,866	PROVIDENT RESOURCES GROUP INC
(4) EMMAUS SENIOR LIVING HOLDINGS LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 48-1286475	ASSISTED LIVING	GA	0	0	PROVIDENT RESOURCES GROUP INC
(5) PROVIDENT GROUP-NSU PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 77-0650670	EDUCATION	LA	5,065,615	22,415,671	PROVIDENT RESOURCES GROUP INC
(6) PROVIDENT RESOURCES GROUP - TOWSON PLACE PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 26-4740719	EDUCATION	MD	5,130,674	33,765,820	PROVIDENT RESOURCES GROUP INC
(7) PROVIDENT RESOURCES MANAGEMENT LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 26-4155963	CORPORATE	LA	3,756,747	1,353,316	PROVIDENT RESOURCES GROUP INC
(8) PROVIDENT GROUP - CITRUS PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 26-2644363	SENIOR LIVING	FL	0	151,500	PROVIDENT RESOURCES GROUP INC
(9) PROVIDENT GROUP - MARSHALL PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 27-2783366	EDUCATION	WV	8,893,984	58,138,168	PROVIDENT RESOURCES GROUP INC
(10) PROVIDENT GROUP - CONTINUUM PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 27-3060687	EDUCATION	FL	5,393,571	55,984,046	PROVIDENT RESOURCES GROUP INC
(11) PROVIDENT GROUP - MONTCLAIR PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 27-1739925	EDUCATION	NJ	20,695,205	155,426,396	PROVIDENT RESOURCES GROUP INC
(12) PROVIDENT GROUP - STANHOPE PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 45-1607588	EDUCATION	NC	8,556,286	71,145,563	PROVIDENT RESOURCES GROUP INC
(13) PROVIDENT GROUP - HOWARD PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	DC	5,292,534	94,438,279	PROVIDENT RESOURCES GROUP INC
(14) PROVIDENT GROUP - POMONA PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 45-5350644	EDUCATION	DE	4,787,978	38,470,447	PROVIDENT RESOURCES GROUP INC
(15) PROVIDENT GROUP - UCF PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-4159112	EDUCATION	DE	5,180,472	45,725,292	PROVIDENT RESOURCES GROUP INC
(16) PROVIDENT SENIOR LIVING RESOURCES INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-2831670	SENIOR LIVING	DE	298,272	6,046,004	PROVIDENT RESOURCES GROUP INC
(17) PROVIDENT GROUP - ROWAN PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 47-2970992	EDUCATION	NJ	7,156,305	113,235,955	PROVIDENT RESOURCES GROUP INC
(18) PROVIDENT GROUP - FLAGSHIP PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	LA	19,187,322	457,766,264	PROVIDENT RESOURCES GROUP INC
(19) PROVIDENT GROUP - IRVING PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	GOVERNMENT	TX	8,221,173	108,484,212	PROVIDENT RESOURCES GROUP INC
(20) PROVIDENT GROUP - KEAN PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-2779505	EDUCATION	NJ	2,132,227	46,111,839	PROVIDENT RESOURCES GROUP INC
(21) PROVIDENT GROUP - EMU PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	MI	2,894,710	52,996,996	PROVIDENT RESOURCES GROUP INC
(22) GREAT LAKES SENIOR LIVING COMMUNITIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 85-1015338	SENIOR LIVING	DE	53,570,301	368,356,835	PROVIDENT RESOURCES GROUP INC
(23) PROVIDENT GROUP - HARLINGEN PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 85-1229260	GOVERNMENT	AZ	115,976	31,564,278	PROVIDENT RESOURCES GROUP INC
(24) PROVIDENT GROUP - PORT WONDER LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 85-1852457	GOVERNMENT	LA	1,790,293	2,470,308	PROVIDENT RESOURCES GROUP INC
(25) PROVIDENT GROUP - BALLSTON PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	DE	6,972,408	107,787,706	PROVIDENT RESOURCES GROUP INC
(26) PROVIDENT GROUP - ULM PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	LA	790,365	28,387,044	PROVIDENT RESOURCES GROUP INC
(27) PROVIDENT GROUP - PBAU PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	FL	1,951,490	43,123,433	PROVIDENT RESOURCES GROUP INC
(28) PROVIDENT GROUP - NCCU PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 85-0857916	EDUCATION	NC	1,887,127	122,347,564	PROVIDENT RESOURCES GROUP INC
(29) PROVIDENT GROUP - UIUC PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	IL	295,977	99,523,400	PROVIDENT RESOURCES GROUP INC
(30) PROVIDENT FOUNDATION-BK TEXAS LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 72-1499383	HOUSING	TN	0	0	PROVIDENT RESOURCES GROUP INC
(31) PROVIDENT GROUP - SDSU PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	EDUCATION	DE	239,974	77,209,868	PROVIDENT RESOURCES GROUP INC
(32) PROVIDENT GROUP - UIC SURGERY CENTER LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808	HEALTHCARE	IL	0	174,211,203	PROVIDENT RESOURCES GROUP INC

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)PROVIDENT COMMONWEALTH EDUCATION RESOURCES INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 81-1381404	SUPPORTING ORGANIZATION	MA	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(2)Provident Oklahoma Education Resources Inc 5565 Bankers Avenue Baton Rouge,LA70809 81-4203730	Supporting Organization	OK	501(c)(3)	Type I	Provident Resources Group Inc	Yes
(3)GEORGIA PROTONCARE CENTER INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 82-0845208	SUPPORTING ORGANIZATION	GA	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(4)PROVIDENT COMMONWEALTH EDUCATION RESOURCES II INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 83-1248921	SUPPORTING ORGANIZATION	MA	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(5)PROVIDENT GROUP - HOWARD CENTER INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 83-1863389	SUPPORTING ORGANIZATION	DC	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(6)PROVIDENT GROUP - TUBMAN QUAD PROPERTIES INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 83-3519249	SUPPORTING ORGANIZATION	DC	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(7)PROVIDENT GROUP - OLD MET PROPERTIES INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 84-3243282	SUPPORTING ORGANIZATION	MN	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes
(8)PROVIDENT GROUP - HSC PROPERTIES INC 5565 BANKERS AVENUE BATON ROUGE,LA70808 84-2443503	SUPPORTING ORGANIZATION	LA	501(c)(3)	Type I	PROVIDENT RESOURCES GROUP INC	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2020

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership
(1) PROVIDENT GROUP - CANTON COVE PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-2840618	ASSISTED LIVING FACILITY	GA	NA	N/A				No		Yes
(2) PROVIDENT GROUP - CREEKSIDE PROPERTIES LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-2860608	ASSISTED LIVING FACILITY	GA	NA	N/A				No		Yes

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) MUNICIPAL CORRECTIONS FINANCE HOLDING LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 72-1509520	MANAGEMENT	DE	NA	C Corporation	0	14,680	100 %	Yes
(2) PROVIDENT CAPITAL ADVISORS LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 26-0615635	HEALTHCARE	GA	NA	C Corporation	0	0	100 %	Yes
(3) PDG HOLDINGS LLC 5565 BANKERS AVENUE BATON ROUGE,LA70808 46-3437171	SENIOR LIVING	DE	NA	C Corporation	0	1,329,685	100 %	Yes

Schedule R (Form 990) 2020

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

Yes

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) PROVIDENT DEVELOPMENT GROUP LLC	D	1,814,440	FMV
(2) PROVIDENT COMMONWEALTH EDUCATION RESOURCES INC	Q	173,896	FMV
(3) GEORGIA PROTONCARE CENTER INC	Q	759,135	FMV
(4) PROVIDENT GROUP - HOWARD CENTER INC	Q	150,000	FMV
(5) PROVIDENT GROUP - TUBMAN QUAD PROPERTIES INC	Q	137,500	FMV

Schedule R (Form 990) 2020

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2020

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2020

Additional Data

Software ID:	20011424
Software Version:	2020v4.0

1	Briefly describe the organization’s mission or most significant activities: Provident Resources Group, Inc. provides for the needs of the elderly, promotes healthy communities, serves the poor & distressed, promotes education, and lessens the burden of government.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	6
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	5
5	Total number of individuals employed in calendar year 2020 (Part V, line 2a) ......	5	266
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	57,614
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	43,297

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	650,000	1,790,293
9	Program service revenue (Part VIII, line 2g) .........	171,619,327	166,785,911
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,352,491	2,069,700
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	20,150,071	16,077,476
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	195,771,889	186,723,380
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	32,469,017	37,474,202
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	214,228,335	224,529,261
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	246,697,352	262,003,463
19	Revenue less expenses. Subtract line 18 from line 12.......	-50,925,463	-75,280,083
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	2,256,380,044	2,434,706,219
21	Total liabilities (Part X, line 26).............	2,508,081,375	2,769,061,750
22	Net assets or fund balances. Subtract line 21 from line 20.....	-251,701,331	-334,355,531

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 152,270,579 including grants of $ ) (Revenue $ 112,464,973 )
	THE EDUCATION RESOURCES DIVISION PROMOTES AND ADVANCES EDUCATION THROUGH THE DEVELOPMENT, CONSTRUCTION, OPERATION, FINANCING AND MANAGEMENT OF FACILITIES OF VARIOUS TYPES, INCLUDING STUDENT HOUSING, HEALTH AND WELLNESS, AS WELL AS ACADEMIC AND ADMINISTRATIVE SPACE FOR THE BENEFIT OF COLLEGES AND UNIVERSITIES THROUGHOUT THE COUNTRY. AS OF DECEMBER 31, 2020, THE ORGANIZATION OWNED AND OPERATED RESIDENTIAL FACILITIES PROVIDING MORE THAN 17,300 BEDS OF SAFE, CONVIENIENT AND AFFORDABLE STUDENT HOUSING FOR STUDENTS, FACULTY AND STAFF OF THE INSTITUTIONS WE SERVE.

4b	(Code: ) (Expenses $ 71,926,046 including grants of $ ) (Revenue $ 54,994,504 )
	THE SENIOR LIVING RESOURCES DIVISION OFFERS ACTIVITIES, SERVICES AND PROGRAMS DESIGNED TO MEET THE SPECIAL NEEDS OF THE ELDERLY, INCLUDING HOUSING AND HEALTH CARE, WITHIN AN ENVIRONMENT THAT PROMOTES THE DIGNITY AND INDEPENDENCE OF THE RESIDENTS. OUR FACILITIES OFFER THE FINEST AMENITIES ALONG WITH WELLNESS PROGRAMMING, DAILY SOCIAL ACTIVITIES, 24/7 SUPPORT AND CARE, AND EDUCATIONAL OPPORTUNITIES TO ENSURE RESIDENTS ENJOY OPTIMAL QUALITY OF LIFE AND PEACE OF MIND.

4c	(Code: ) (Expenses $ 27,623,913 including grants of $ ) (Revenue $ 10,127,441 )
	The CitiState Resources Division to pursue projects designed to lessen the burdens of government. We are committed to easing the financial and budgetary constraints of state and local governments through various means, including the development, financing, construction, management, and operation of public facilities, government buildings, and various systems of public infrastructure essential to delivering government services and supporting private sector economic activity.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses251,820,538

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC)	(E) Reportable compensation from related organizations (W-2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) STEVE HICKS CHAIRMAN & CEO	32.0 ................. 8.0	X	X		569,585	0	15,134
(2) JOSEPH TORRENCE DIRECTOR	1.0 ................. 0	X			24,000	0	0
(3) NANCY H HENZE DIRECTOR	1.0 ................. 2.0	X			24,000	0	0
(4) THOMAS HARROW DIRECTOR	1.0 ................. 0	X			24,000	0	0
(5) TOM E GREENE III DIRECTOR	1.0 ................. 0	X			24,000	0	0
(6) WALTER BUMPHUS PH D DIRECTOR	1.0 ................. 2.0	X			24,000	0	0
(7) CHRISTOPHER HICKS EVP of Capital Markets and Corporate Development	35.0 ................. 5.0		X		394,333	0	28,319
(8) DAVID GRAND JR SENIOR VICE PRESIDENT & ASSOCIATE GENERAL COUNSEL	40.0 ................. 0		X		239,391	0	23,039
(9) DEBRA W LOCKWOOD PRESIDENT & CFO (Partial Year)	32.0 ................. 8.0		X		336,186	0	25,437
(10) DONOVAN O HICKS EVP & CHIEF LEGAL OFFICER	32.0 ................. 8.0		X		391,965	0	31,252
(11) MARLA SCANNICCHIO EXECUTIVE VICE PRESIDENT & CAO	38.0 ................. 2.0		X		291,528	0	33,737
(12) PAMELA FORESTIER SENIOR VICE PRESIDENT & CONTROLLER	40.0 ................. 0		X		192,941	0	4,246
(13) JAMEY CORKERN MANAGER, ADMINISTRATIVE SERVICES	40.0 ................. 0			X	111,396	0	1,109
(14) PHUONG NGUYEN ASSISTANT CONTROLLER	40.0 ................. 0			X	120,726	0	9,451

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	2,768,051	0	171,724

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	250,000

f	All other contributions, gifts, grants, and similar amounts not included above		1f	1,540,293

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		1,790,293

		Business Code
2a	RENTAL REVENUE	532000	133,275,786	133,275,786
b	RESIDENT SERVICE REVENUE	623990	6,139,381	6,139,381
c	REVENUE FROM SALES-TYPE LEASE	900099	19,383,677	19,383,677
d	WELLNESS PROGRAM REVENUES	713940	4,392,071	4,334,457	57,614
e	MANAGEMENT RELATED REVENUE	900099	3,087,671	3,087,671
f	All other program service revenue.		507,325	507,325	0	0
g	Total. Add lines 2a–2f .....		166,785,911

3 Investment income (including dividends, interest, and othersimilar amounts) ......
4 Income from investment of tax-exempt bond proceeds			2,069,700			2,069,700
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)	0	0	6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)	0	0	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	LEASE INCOME		900099	1,969,694	1,969,694
b	PARKING INCOME		900099	3,757,300	3,757,300
c			900099
d	All other revenue ....			10,350,482	10,350,482	0	0
e	Total. Add lines 11a–11d ......			16,077,476
12	Total revenue. See instructions.....			186,723,380	182,805,773	57,614	2,069,700

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	2,697,094		2,697,094
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	28,472,778	24,421,701	4,051,077
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	203,559	172,549	31,010
9	Other employee benefits .......	3,760,731	3,109,999	650,732
10	Payroll taxes ...........	2,340,040	1,926,443	413,597
11	Fees for services (non-employees):
a	Management ......	8,667,504	8,127,841	539,663
b	Legal .........	191,196	135,798	55,398
c	Accounting ...........	908,342	908,342
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	669,727	530,876	138,851	0
12	Advertising and promotion ....	4,542,345	4,542,090	255
13	Office expenses .......	4,024,190	3,896,621	127,569
14	Information technology ......	1,213,285	832,885	380,400
15	Royalties ..
16	Occupancy ...........	26,143,041	26,029,155	113,886
17	Travel ............	242,625	235,652	6,973
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	6,793	3,625	3,168
20	Interest ...........	106,397,578	106,288,805	108,773
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	55,429,202	55,231,714	197,488
23	Insurance ...	2,922,619	2,736,655	185,964
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Maintenance and Repairs	8,543,821	8,494,173	49,648
b	DIETARY	3,157,115	3,157,115
c	BAD DEBT EXPENSE	-4,220,219	-4,220,219
d	Issuer/Trustee/Loc Remarketing Fees	1,490,434	1,490,434
e	All other expenses	4,199,663	3,768,284	431,379	0
25	Total functional expenses. Add lines 1 through 24e	262,003,463	251,820,538	10,182,925	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			21,064,511	1	19,602,499
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			3,921,329	4	4,997,930
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			6,712,928	7	8,159,086
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			4,062,696	9	4,048,240
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,721,337,846
b	Less: accumulated depreciation	10b	291,186,344	1,206,206,912	10c	1,430,151,502
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....			0	12
13	Investments—program-related. See Part IV, line 11 ..			0	13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			1,014,411,668	15	967,746,962
16	Total assets. Add lines 1 through 15 (must equal line 33)...			2,256,380,044	16	2,434,706,219

17	Accounts payable and accrued expenses .....	69,943,390	17	78,078,814
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........	2,205,285,554	20	2,419,312,521
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	108,207,273	23	126,771,359
24	Unsecured notes and loans payable to unrelated third parties ..	1,273,128	24	1,273,128
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	123,372,030	25	143,625,928
26	Total liabilities. Add lines 17 through 25..	2,508,081,375	26	2,769,061,750

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	-251,701,331	27	-334,355,531
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	-251,701,331	32	-334,355,531
33	Total liabilities and net assets/fund balances ........	2,256,380,044	33	2,434,706,219