ACP-NAMI INC

What they do

to HOLD OWNERSHIP DEED to REAL PROPERTY JOINTLY ACQUIRED BY ANAZAO COMMUNITY PARTNERS and NAMI WAYNE HOLMES COUNTIES INC. ANAZAO COMMUNITY PARTNERS and NAMI WAYNE HOLMES COUNTIES INC. ARE BOTH NONPROFIT CORPORATIONS RECOGNIZED BY THE IRS UNDER SECTION 501(C)(3) of THE INTERNAL REVENUE SERVICE CODE. BOTH ORGANIZATIONS ARE COMMUNITY BEHAVIORAL HEALTH SERVICE PROVIDERS and ARE THE SOLE SHAREHOLDERS of ACP-NAMI INC. ACP-NAMI INC. WILL COLLECT MONTHLY RENT FROM THE TWO PARTNER SHAREHOLDER AGENCIES for THE PURPOSE of PAYING COMMON EXPENSES. THESE EXPENSES WILL INCLUDE, BUT MAY NOT BE LIMITED TO, EXTERIOR BUILDING MAINTENANCE, STRUCTURE and LIABILITY INSURANCE, SHARED UTILITIES, and GROUNDS-KEEPING. AT YEAR END, FOLLOWING PAYMENT of PROPERTY EXPENSES, ALL REMITTANCES LESS EXPENSES WILL BE RETURNED to THE AGENCIES THAT QUALIFY UNDER 501(C)(25) of THE INTERNAL REVENUE CODE of 1986 (OR THE CORRESPONDING FEATURE of ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.)