IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF INDIANA INDIANAPOLIS DIVISION

CENTRAL COMMUNITY CHURCH OF GOD, on behalf of itself and others LV similarly situated, and JEFF MARWIL, RECEIVER of the CHURCH EXTENSION OF THE Cause No, 03-CV-0678 DFH CHURCH OF GOD, INC. and UNITED, MANAGEMENT SERVICES, INC.,

Plaintiffs,

V.

ENT & IMLER CPA GROUP, PC,

Defendant,

AMENDED COMPLAINT - CLASS ACTION

NATURE OF THE ACTION

1. This action is being filed by two co-plaintiffs against the defendant, Ent &

Imler CPA Group, PC ("Ent & Imler"), for two separate causes of action arising from the same series of transactions and occurrences. Jeff J. Marwil, acting solely in his capacity as Receiver

(hereinafter "Receiver Plaintiff) for the Church Extension of the Church of God, Inc. ("Church

Extension") and its wholly-owned subsidiary, United Management Services, Inc. ("UMS" and collectively with Church Extension and its related affiliates and subsidiaries, "CEO"), asserts a claim for breach of contract based on Ent & Imler's failure to perform its obligations under the retention agreements entered into between Church Extension and Ent & Imler for various accounting services. The Receiver Plaintiff's co-plaintiff, the Central Community Church of

God (hereinafter "Class Plaintiff'), owns an outstanding note with Church Extension for just

I

under $2 million which was purchased under Church Extension's Investment Note Program, The

Class Plaintiff asserts a claim on its own behalf and on behalf of all the other Church Extension

investors (the "Noteholders"), for federal securities Jaw violations in connection with Ent &

Imler's involvement in the preparation of the offering circulars that Church Extension issued for

its Investment Note Program, and Ent & Imler's certification of false and misleading financial

statements that Ent & Imler knew would be included in these offering circulars.

PARTIES

2. The Class Plaintiff, Central Community Church of God, is a non-profit

501 (c)(3) corporation organized under the laws of Kansas and headquartered in Wichita, Kansas.

The Receiver Plaintiff, Jeff J. Marwil, was appointed as the Receiver for

CEG by the United States District Court for the Southern District of Indiana, Judge David F.

Hamilton presiding, in a case captioned United States Securities and Exchange Commission v.

Church Extension of the Church of God. Inc. and United Management Services, Inc., No. 02-CV-

1118 CHJS (the "SEC Litigation"). In an Order entered in the SEC Litigation on January 31,

2003, Mr. Marwil was vested with the powers of receivership to assert causes of action on behalf

of Church Extension and UMS. (See Order (A) Approving Plan for Noteholder Repayment By

Church Extension of the Church of God, Inc. and United Management Services, Inc. and (B)

Granting Related Relief, dated January 31, 2003, 14, hereinafter referred to as the "Plan Order").

4. Defendant, Ent & Imler, a resident of Indianapolis, Indiana, is a group of

certified public accountants engaged in the business of rendering professional advice and

opinions. Ent & Imler is a citizen of Indiana with its principal place of business located at

-2- 5875 Castle Creek Parkway, Suite 290, Indianapolis, Indiana 46250. Ent & Imler provided accounting services to Church Extension and UMS from 1997 to 2002.

JURISDICTION AND VENUE

5. This Court has subject matter jurisdiction over this controversy because it involves a question arising under federal statutes, 28 U.S.C. § 1331. Additionally, this court has diversity jurisdiction pursuant to 28 U.S.C. § 1332, because the amount in controversy exceeds

$75,000 and the plaintiffs are citizens of Kansas and Illinois while the defendant is a citizen of

Indiana. Finally, there is ancillary jurisdiction over third-party actions brought by the Receiver of the entity in receivership, Tcherepnin v, Franz, 488 F,2d 1251, 1255-56 (7th Cir. 1973).

6. Venue is proper in the Southern District of Indiana because Ent & Imler resides in this district. 28 U.S.C. § 1391.

CLASS ACTION ALLEGATIONS

7. The securities claim asserted in Count I below is brought on behalf of a

Class pursuant to Federal Rule of Civil Procedure 23(a) and (b)(3).

8. Class Plaintiff brings this action as a class action on behalf of the

Noteholder Class, which is tentatively defined as all entities and natural persons who satisfy the following criteria:

a. They purchased investment notes from Church Extension from between at least 1997 and April 2002 (the "Relevant Period") which were offered by Church

Extension through a series of offering circulars (the "Offering Circulars").

b. They were induced to purchase those Notes from Church

Extension based on information provided in the Offering Circulars.

-3- C. They are currently creditors of Church Extension under the terms of the Notes.

9. The Class is so numerous that joinder of all members is impractical.

There are currently approximately 2,570 Noteholder Class members residing in different states.

Upon information and belief, the document, attached as Exhibit A, lists the names and addresses of all current Noteholders,

10. There are questions of law and fact common to each Class member, which common issues predominate over any issues involving only individual Class members. The principal issue is whether Ent & Imler made false and misleading representations regarding the financial condition of Church Extension in the Offering Circulars for the Investment Note

Program and in the audited financial statements attached to the Offering Circulars.

11. The Class Plaintiff's claims are typical of those of the Class members. All are based on the same facts and legal theories.

12. The Class Plaintiff will fairly and adequately protect the interests of the class. The Class Plaintiff has retained counsel experienced in handling class actions. Neither the

Class Plaintiff nor the Class Plaintiff's counsel have any interests which might cause them not to vigorously pursue this action.

13. Certification of the Class under Fed.R.Civ.P. 23(b)(3) is appropriate in that:

(a) The questions of law or fact common to the members of the Class predominate over any questions affecting only individual members.

-4- (b) A Class action is superior to other available methods for the fair and efficient adjudication of the controversy and would be in keeping with this Court's Plan

Order.

(c) As the damages suffered by individual Class members may be relatively small, the expense and burden of individual litigation make it impossible for members of the Class to individually redress the wrongs done to them.

FACTUAL ALLEGATIONS

The Church Extension

M. The Church of God, headquartered in Anderson, Indiana, is a church which has more than 2,000 affiliated congregations and more than 230,000 members nationwide.

15. Church Extension was founded in 1921, and was originally established as a fund-raising entity for the Church of God.

16. James Perry Grubbs was the president of Church Extension from 1987 to

June of 2002.

17. Shearon Louis Jackson was the executive vice president of Church

Extension from 1994 until 1997, and from 1994 until January 2002, Jackson served as the president of TJMS.

18. Church Extension's stated primary business purpose is to fund the construction of new churches and renovations of existing churches affiliated with the Church of

God.

-5- A

The Church Extension's Investment Note Program

19. During the Relevant Period, Church Extension raised approximately $85

million through the offer and sale of Investment Notes to the Class Plaintiff and other Noteholder

Class members nationwide, the majority of whom were members of the Church of God.

20. The Church Extension offered the Notes for sale during the Relevant

Period through a series of five Offering Circulars. These Offering Circulars described the

Investment Note Program in detail, including the risk factors associated with the program, which

depended in large part on the financial condition of Church Extension. In connection with these

risks, the Offering Circulars specifically stated that Church Extension had a policy of maintaining

liquid reserves equal to or greater than a specified percentage of its outstanding investment notes.

The Offering Circulars also included consolidated financial statements for CEG which were

certified by Ent & Iniler.

21. On December 27, 1999, the Class Plaintiff purchased a Note from Church

Extension for $250,000 (the "Class Plaintiff's Note") after receiving a copy of the Offering

Circular. A true and correct copy of the Class Plaintiff's Note is attached hereto as Exhibit B.

22. The terms of the Class Plaintiff's Note state that "the institutional note

shall be 7.00% fixed for 18 months. Deposits may be made at any time without penalty; no funds

shall be withdrawn until 6130/01." In reliance on the statements made in subsequent Offering

Circulars, including statements regarding the financial condition of Church Extension, the Class

Plaintiff continued to make deposits as permitted under the terms of the Class Plaintiff's Note.

On April, 20, 2002, the date for establishing claims by Noteholders against Church Extension,

the balance of the Class Plaintiff's Note was $1,968,641.76. Church Extension Retains Ent & Imler

23. On or about October 10, 1997, after a presentation to Church Extension's

Board of Directors by the defendant's representatives, the Board of Directors voted to retain Ent

& Imler to prepare its audited financial statements, and to provide assistance in the preparation of its Offering Circulars. A true and correct copy of the initial engagement letter with Ent & Irnier, dated December 2, 1997, is attached hereto as Exhibit C. Church Extension continued to retain

Ent & Imler to prepare its audited financial statements and to provide assistance with the preparation of its Offering Circulars for the years 1998, 1999, 2000 and 2001. Ent & Imler continued to serve as Church Extension's accounting firm until approximately September of

2002.

24. The first drafts of the Offering Circulars were prepared by Church

Extension, Church Extension would then provide the first draft of the Offering Circular to Ent &

Irnier for review, revision and approval. After Ent & Imler had revised and approved the draft

Offering Circular, it would be forwarded to Church Extension's counsel.

25. While it was retained by Church Extension, Ent & Imler provided Church

Extension with accounting advice and assistance in connection with Church Extension's

Investment Note Program. This advice and assistance included services relating to the financial disclosures made in the text of the Offering Circulars and in the audited financial statements attached to the Offering Circulars. As a result of Ent & Tinier's ongoing and continuous course of conduct in providing Church Extension with faulty accounting advice and auditing services in connection with its Investment Note Program during the Relevant Period, and specifically with regard to disclosures concerning Church Extension's financial condition, the extent and nature of

-7- its liquid reserves, and its use of Noteholder funds, the U.S. Securities and Exchange

Commission (the "SEC") filed an action against Church Extension for false and misleading financial disclosures contained in the Offering Circulars and the audited financial statements accompanying those Offering Circulars. (SEC Complaint, ¶j 27-66.) This action led, in turn, to entry of the Plan Order, which requires Church Extension to liquidate all its assets for distribution to its investors and creditors and then dissolve. (Plan Order, Ex. A, Art. 1, ¶ W; Art

3, §3.6,3.7(c);Art. 5,5.4, 5.6.2.)

26. Ent & Imler provided substantial assistance in connection with the preparation of the Offering Circulars dated April 30, 1999, May 1, 2000 and November 1, 2001 and prepared the independent auditor's reports and consolidated financial statements that were, with Ent & Imler's knowledge and consent, included in the Offering Circulars.

27. Ent & Imler audited Church Extension's financial statements for the fiscal years ending December 31, 1997 Through 2000. In a report issued in 2001, Ent & Imler stated that, "In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the fmancial position of Church Extension of the Church of God, Inc. and

Related Entities as of December 31, 2000, 1999 and 1998, and the changes in its net assets and its cash flows for the years then ended in conformity with generally accepted accounting principles." (See Ent & Imler Independent Auditor's Report, dated September 27, 2001, attached hereto as Ex. D.) Ent & Imler issued the same opinion for the 1997 consolidated financial statements. (See Ex. E.)

28. During the Relevant Period, the Offering Circulars contained a number of misrepresentations and omitted material facts regarding the Notes, the financial condition of Church Extension and its subsidiaries, the primary use of the investment note proceeds, and the risks associated with the Notes.

29. In addition, in October of 2000, Daniel M. Ent, one of only four named principals of Ent & Imler, lost his accounting license. Ent & Imler failed to disclose this material fact to the Class Plaintiff and other Class members in the November 1, 2001 Offering Circular that Church Extension distributed to potential investors, despite the fact that Church Extension provided a draft of this Offering Circular to Exit & Imler for their review, revision and approval prior to its distribution.

30. In deciding to purchase Notes from Church Extension, the Class Plaintiff and other Class members relied on the representations in the Offering Circulars of the financial condition of Church Extension, including the information provided in Ent & Imler's reports and consolidated financial statements.

The Bargain Sale Transactions

31. Beginning in or about the late 1980s, Church Extension began to encounter serious financial difficulties, due to a number of factors, including losses incurred from various businesses and ministries operated by and/or funded by Church Extension.

32. The officers and directors of Church Extension (hereinafter the "Officers and Directors") engaged in nine bargain sale transactions that were used in Church Extension's consolidated financial statements to conceal the company's mounting financial difficulties.

33. In a bargain sale transaction, a charitable organization acquires property at less than fair market value. The seller in such a transaction has donative intent and is thus willing to part with the property at less than fair market value. In addition, the seller may also be

ME 1

motivated by a desire to obtain an income tax charitable deduction based on the difference

between the purchase price and the actual value of the property.

34. Accordingly, the acquiring charitable organization recognizes the

difference between the price paid and the fair market value of the property as income in its

financial statements, specifically as a "non-cash contribution." The asset thus acquired is carried

on the charitable organization's balance sheet at its appraised fair market value.

35. Here, certain appraisers provided the Officers and Directors with inflated

appraisals of businesses and property acquired by Church Extension in such bargain sale

transactions.

36. Ent & Iniler used these inflated appraisal values to certify Church

Extension's consolidated financial statements, which recorded non-cash contributions of over

$24 million in false paper income, and misled the Class Plaintiff and other Noteholder Class

members as to the soundness of Church Extension's financial condition and the degree of risk in

their investment in Church Extension's Investment Note Program.

37. By reflecting the improper recognition of income, continuing to carry

properties at inflated values and failing to record losses, Church Extension's consolidated

financial statements, certified by Ent & Imler, concealed the fact that Church Extension had

suffered losses of more than $26 million.

38. Ent & Imler's opinions regarding Church Extension's audited financial

statements were false and misleading because those statements did not accurately reflect the true

financial condition of Church Extension. Ent & Imler assisted in the preparation of the Offering

Circulars and knew that these Offering Circulars included the audited financial statements for a

Church Extension, and that Church Extension used these materials to solicit investors, including

the Class Plaintiff and other Class members, for its Investment Note Program.

The Improper Disclosures and Omissions Concerning the Use of Note Proceeds

39. From 1998 through June 30, 2001, the Offering Circulars represented that

the proceeds from the sale of Notes under the Investment Note Program would primarily be used

to fund church loans. The financial records of Church Extension indicate that the majority of the

proceeds from the sale of Notes were actually used to make interest and principal payments to

prior investors in the Investment Note Program and to fund speculative real estate transactions.

40. In 1998, approximately $4,082,835 of the $11,662,846 raised from the sale

of new Notes, or 35%, were used to make interest payments to prior investors in the Investment

Note Program. Another 30% of the proceeds of the sale of new notes, or approximately

$3,539,222, was used to fund speculative real estate ventures.

41. In 1999, none of the proceeds from the sale of Notes was used to fund

church loans. During 1999, all the proceeds from the sale of new Notes, approximately

$2,650,631, were used to make interest payments to prior investors and to fund speculative real

estate transactions.

42. In 2000, approximately $6,255,696 in new proceeds were raised under the

Investment Note Program, but only 6%, or approximately $363,929, of these proceeds were used

to fund church loans. Approximately $5,759,207, or 76%, of the proceeds received from selling

notes in 2000 were used to make interest payments to prior investors, and approximately

$1,132,560, or 18%, were used to fund speculative real estate transactions.

-11- 1

43. The Offering Circulars issued in 1999, 2000 and 2001, and the

consolidated financial statements attached thereto, failed to disclose that the proceeds from the

sale of Notes were being used primarily to make principal and interest payments to prior

investors under the Investment Note Program and to invest in speculative real estate ventures,

and were not being used primarily to fund church loans. Ent & Imler had access to the financial

records of Church Extension disclosing the company's actual use of the proceeds of the sale of

new Notes, but did not make the necessary disclosures in the Offering Circulars or the audited

consolidated financial statements for the years 1998, 1999 and 2000 and did not correct the

erroneous statement in these Offering Circulars that the proceeds were being used primarily to

fund church loans.

The Inflated Reserve Estimates

44. Each of the Offering Circulars that Ent & Imler prepared contained a

misrepresentation that stated that Church Extension, as a matter of policy, retained a reserve of

liquid assets ("Liquid Reserve Funds") equal to a percentage of its outstanding note obligations.

In the April 1999 memorandum, the promised reserve percentage was 20%. In the May 2000 and

November 2001 Offering Circulars, the promised reserve percentage was 8%.

45. Each of the Offering Circulars contained a misrepresentation that the

Liquid Reserve Funds on Church Extension's books met or exceeded the promised percentage.

46. In fact, these statements were materially false and misleading because the

Liquid Reserve Funds were in all cases woefully short of the promised percentage due to the fact

that assets were counted as Liquid Reserve Funds which were pledged, overvalued, or otherwise

unavailable to support Church Extension's note obligations.

-12- The SEC Complaint and the Final Judgment

47. On July 22, 2002, the SEC filed a complaint for permanent injunction and other equitable relief against Grubbs, Jackson, Church Extension and UMS. In its complaint, the

SEC alleged that Grubbs, Jackson, Church Extension and UMS made false and misleading statements in the Offering Circulars and attached audited financial statements issued in connection with the Investment Note Program that violated federal securities laws. (SEC

Complaint, 1127-66.)

48. On July 31, 2002, the SEC and the corporate defendants named in the complaint, Church Extension and UMS, consented to the entry of a Final Judgment and Order of

Permanent Injunction and Other Equitable Relief (the "Final Judgment") pursuant to which they were found jointly and severally liable to disgorge $81,641,017, plus prejudgment and post- judgment interest, representing the gains they received as a result of the conduct alleged in the

SEC's complaint.

The May 1, 2000 Offering Circular and Audit Report

49. Ent & Imler was retained to audit the financial statements of Church

Extension for the years ended December 31, 1997, 1998, 1999,2000, and 2001.

50. Ent & Imler issued an opinion letter on March 17, 2000 (the "March 17,

2000 Report") attesting that the consolidated statements of activity (income statements) for calendar years 1999, 1998 and 1997 and the consolidated statements of financial position (i.e., balance sheets), for each of those years (the "1999 Financial Statements") presented fairly, in all material respects, the financial position of Church Extension and related entities, in conformity with generally accepted accounting principles. (See Ex, E.)

-13- 1

51. Ent & Imler further attested that it had conducted its audits in accordance

with generally accepted auditing standards. (See Ex. E.)

52. Church Extension sent a draft of the May 1, 2000 Offering Circular for

$30 million in Notes to Ent & Imler for review, revision and approval prior to its distribution to

potential investors. This Offering Circular included Ent & Imler's March 17, 2000 Report.

Accordingly, Ent & Imler was aware that its report would be used in this Offering Circular and

gave its consent for such use. A complete and accurate copy of the May 1, 2000 Offering

Circular, including Ent & Imler's March 17, 2000 Report, is attached hereto as Exhibit F.

53. In fact, Ent & linler completely failed to adhere to generally accepted

auditing standards by failing to use due diligence in evaluating the inflated appraisals of

properties acquired in bargain sale transactions. In particular, Ent & Imler failed to adhere to

Statement of Auditing Standards 73, which governs an auditor's reliance on the work of a

specialist, including an appraiser. SAS 73 requires, inter alia, that the auditor "(a) obtain an

understanding of the methods and assumptions used by the specialist, (b) make appropriate tests

of data provided to the specialist, taking into account the auditor's assessment of control risk, and

(c) evaluate whether the specialist's findings support related assertions in the financial

statements."

54. Ent & Imler's March 17, 2000 Report, attaching the 1999 Financial

Statements, materially misstated the financial condition of Church Extension and its related

entities by using inflated values of assets acquired through purported bargain sale transactions.

55. In particular, the Notes to the 1999 Financial Statements make

representations concerning two bargain sale transactions during the year 1999. Ent & Imler had

-14- knowledge that the Financial Statements materially misstated the financial position of Church

Extension or acted with reckless disregard for the truth in that they failed to ascertain and to disclose the material misstatements in the Financial Statements when such information was available to them.

56. First, Note 17 to the 1999 Financial Statements states that Church

Extension acquired three HUD-regulated apartment building rental properties (the "HUD

Properties") with an appraised value that exceeded their carrying value by $3,057,000, which amount was characterized as a non-cash contribution to Church Extension.

57. In fact, the appraised values of the HUD Properties were inflated because they were based on overstated net operating income figures and did not account for the limited potential market for the properties due to the effect of the applicable federal regulations. The appraisals of all three properties stated that they assumed that "no. . . restrictions exist which may have an adverse impact upon the property value." In fact, all three properties were subject to substantial restrictions under HUD regulations which, among other things, severely limited the rent that could be charged to tenants. The appraisals compounded this error by estimating the properties' value by reference to sales of "comparable" properties that were not subject to HUD restrictions.

58. The appraisals of the HUD Properties also used a flawed "income approach" to estimate the properties' value. For example, one property's value was estimated based on projected net income of $236,677, while the audited financial statements for that property for the preceding year ending December 31, 1998, showed net income of only $80,533.

Ent & Imler had access to those audited financial statements, and should thus have concluded

-15- that the income approach valuation was unsupported. Ent & Imler also was aware of the BUD restrictions on the property, and should thus have known that the "comparable sales" estimate of the properties' value was unsupported. In short, Ent & Tinier should have been immediately aware that the appraisals were grossly inflated and should not have relied on them in conducting its audit of the Church Extension.

59. The improperly recognized income shielded losses from Church

Extension's businesses and ministries, misleading investors in the Note Program as to the financial condition of Church Extension and the risks associated with investment in the Note

Program. Church Extension also recorded the value of the HUD Properties at the inflated appraised fair market value.

60. Ent & Imler had knowledge that the appraisal of the HUD properties was unreliable or acted with reckless disregard for the truth in that they failed to ascertain and to disclose the unreliability of the appraisal when such information was available to them. Had Ent

& Imler complied with the appropriate auditing standard, specifically SAS 73, the firm would have discovered that the appraisal of the HUD Properties did not support the assertion in the

1999 Financial Statements that the acquisition of the HUD Properties resulted in a non-cash contribution to Church Extension of over $3 million.

61. In addition, Ent & Imler had access to the transaction document for

Church Extension's purported acquisition of three BUD Properties in 1999, and therefore knew or should have known that the transfer was made merely by providing that certain individuals who served as officers and directors of CEO would be appointed to the Board of Directors of the seller corporation. Despite the fact that there was no apparent transfer of ownership of the HUD

-16- Properties to Church Extension or any of its subsidiaries, Ent & Imler falsely certified the 1999

Financial Statements that characterized the transaction as a bargain purchase transaction, and recorded a non-cash contribution to Church Extension from the transaction.

62. Second, Note 17 to the 1999 Financial Statements states that Church

Extension acquired 200 acres of land in Austin, Texas (the "Austin Property") for approximately

$1,300,000 less than its fair market value,

63. In fact, Ent & Jinler had documents showing that Church Extension had only acquired 18 acres of land in Austin, Texas, not 200 acres, and that the appraisal of that property vastly overstated its value. The Austin property consisted of two parcels included in a larger parcel of approximately 190 acres. The entire 190-acre parcel was located on the site of the former Travis State School, a school facility run by the Department of Mental Health and

Mental Retardation of the State of Texas. The complex of buildings on the property were constructed and modified over a period of approximately 50 years, and the property was put in use beginning in 1934.

64. When Ent & Imler audited and approved the non-cash income contribution of $1,300,000 in connection with Church Extension's purchase of this property, Ent & Imler had in its possession copies of the two appraisals for the 18 acres, an environmental study indicating that significant clean-up costs would be required to develop the site, including costs for the removal of asbestos and lead paint from the existing buildings on the site, and a full-page advertisement from a real estate broker offering land across the street from the land Church

Extension purchased. The brokers were offering this land at $10,000 an acre, compared to the

-17- valuation of approximately $70,000 an acre contained in the appraisals of the Church Extension property.

65. Ent & Imler also knew that Vision Village, Inc., the owner of the remaining 171 acres of land adjacent to the Church Extension's 18 acres, had purchased the entire 190-acre parcel in May of 1997, just two years earlier, for $2.7 million, or approximately

$15,800 an acre. In particular, Ent & Imler knew that Vision Village's 1997 note for the $2.7 million purchase price was renewed with a note co-signed by Church Extension on August 31,

1999.

66. There is no evidence that any improvements were made on the property during this two-year period which could have increased its value from $15,800 an acre to

$70,000 an acre. In fact, the most recent appraisal of the Church Extension's 18-acre parcel, dated March 17, 2003, found that the property was worth only $200,000, or approximately

$11,000 an acre.

67. Ent & TinIer had knowledge that the Austin property was overvalued or acted with reckless disregard for the truth in that they failed to ascertain and to disclose the fact that the Austin property was overvalued when such information was available to them.

68. Church Extension recognized as income the $1.3 million difference between the inflated appraisal value and the cash price it paid for the land. Church Extension also recorded the value of the land at the inflated appraised fair market value.

69. Had Ent & Imler complied with applicable auditing standards, specifically

SAS 73, it would have discovered that the appraisal of the Austin Property did not support the

-18- assertion in the 1999 Financial Statements that the acquisition of the Austin Property resulted in a non-cash contribution of $1.3 million.

70. The phantom income thus recognized from the two bargain sale transactions for the Austin and HUD properties shielded losses from Church Extension's businesses and ministries, and the inflated value of these properties on Church Extension's balance sheet improperly shored up the impaired value of Church Extension's Notes Receivable.

For example, in 1999, Church Extension's reported net income from operations on a consolidated basis totaled $230,243, and its total net assets were $2,030,510. (Ex. F, at 25, 33.)

Without the infusion of over $4.3 million in phantom income for these two bargain sale transactions, Church Extension would have had to book a net asset deficit of over $2.3 million for 1999.

71. At the same time, the maturity dates of Church Extension's outstanding

Notes indicated that the aggregate principal balance for Notes maturing in less than one year was

$24,222,189, and in 1999 only 68% of the maturing Notes had been reinvested. (Ex. F, at 16.)

Assuming the same reinvestment rate in 2000, Church Extension would have owed $7,751,100 to the Noteholders who cashed in their investments in 2000. Had Ent & Imier identified and removed the phantom income from the 1999 bargain sale transactions from Church Extension's books, as reported in the May 1, 2000 Offering Circular, potential investors would have been forewarned that the Church Extension had a net asset deficit of over $2.3 million in 1999, when it faced liabilities in the coming year of over $7.7 million to the holders of maturing Notes.

-19- The November 1. 2001 Offering Circular and Audit Report

72. Ent & Tinier issued an opinion letter on September 27, 2001 (the

"September 27 Report") attesting that the consolidated statements of activity (income statements) for calendar years 2000, 1999, and 1998 and the consolidated statements of financial position

(i.e., balance sheets), for each of those years (the "2000 Financial Statements") presented fairly, in all material respects, the financial position of Church Extension and related entities, in conformity with generally accepted accounting principles.

73. Ent & Tinier further attested that it had conducted the audits in accordance with generally accepted auditing standards.

74. Church Extension sent a draft of the November 1, 2001 Offering Circular for $30 million in Notes to Ent & Imler for review, revision and approval prior to its distribution to potential investors. This Offering Circular included Ent & TinIer's September 27 Report.

Accordingly, Ent & Jmler was aware that its report would be used in this Offering Circular and gave its consent for such use. A complete and accurate copy of the November 1, 2001 Offering

Circular, including Ent & Iruler's September 27 Report, is attached hereto as Exhibit G.

75. In fact, Ent & Jmler failed to adhere to generally accepted auditing standards, by failing to adhere to SAS 73, regarding auditors' reliance on the work of specialists.

76. The 2000 Financial Statements repeat the material misstatements described above concerning the non-cash contributions to Church Extension through its acquisition of the Austin and HUD Properties.

77. In addition, the Notes to the 2000 Financial Statements make representations concerning four bargain sale transactions during the year 2000. Ent & TinIer had

-20- knowledge that the Financial Statements materially misstated the financial position of Church

Extension or acted with reckless disregard for the truth in that they failed to ascertain and to disclose the misstatements in the Financial Statements when such information was available to them.

78. First, Note 18 of the 2000 Financial Statements states that Church

Extension received a donation of three rental housing projects operated under Sections 515(b) and 521 of the National Housing Act and regulated by the Rural Housing Services (the "Section

515 Properties"), and that the adjusted net fair value of this donation amounted to $932,136.

These rental properties are Cedar Ridge, Pine Place II Apartments and Morrison Village,

79. In certifying the non-cash contribution on Church Extension's books associated with the Section 515 Properties, Ent & Imler relied on appraisals from DeAngelis' firm, Young & Associates, which placed the total "Investment Value" of the three properties at

$3,390,000. These appraisals were inflated because they relied on comparisons to sales of unrestricted properties, despite the fact that the appraisals themselves acknowledge that unlike the owners of commercial apartments, the owners of Section 515 properties cannot increase their income by raising rents - "Any income above the basic rent must be returned to the Rural

Development Agency as additional interest off the mortgage." (Appraisal Report of Morrison

Apartments, dated December 29, 1999, at 4.)

80. The appraisals for the Section 515 Properties are also inflated because they relied on projections of future net income when the properties had actually experienced net losses in prior years. For example, the appraisal for the Morrison Village property is based on projected annual net income of $33,363, but the two federal income tax forms attached to the appraisal

-21- indicate that Morrison Village had suffered losses for the two prior years, and that these losses were increasing, from a loss of $27,484 in 1997 to a loss of $36,731 in 1998. Likewise, the appraisal for Cedar Ridge is based on projected annual net income of $26,488, despite the fact that the property experienced a net loss of $21,914 in 1997, and a net loss of $10,633 in 1998.

Similarly, the Pinewood II Apartments appraisal was based on projected annual income of

$89,762, but the two federal income tax forms attached to the appraisal reported a net loss of

$39,313 for 1998 and a net loss of $54,646 for 1996.

81. Ent & Imler' s improper reliance on the appraisal of the Section 515

Properties violated SAS 73 and thus did not conform to generally accepted auditing standards.

82. Second, Note 18 of the 2000 Financial Statement asserts that on February

28, 2000, Church Extension acquired certain assets (the "Indiana Assets") of a Professional

Employer Organization ("PEO") in a bargain purchase transaction for $1,000,000 cash and a promissory note of $660,000. (Ex. G, at 58.) Church Extension recorded a non-cash contribution of $770,000 in connection with this acquisition, representing the difference between an appraised value of $2,430,000 less total consideration paid of $1,660,000.

83. In fact, Church Extension executed a promissory note for $1,000,000, not for $660,000, and paid $1,000,000 in cash, for a total payment of $2 million, $340,000 more than Church Extension recorded in the 2000 Financial Statement. In addition, the appraisal of the PEO's value was inflated, because it was based on the value of income projections for the entire entity, while the Church Extension acquired assets equal to approximately half of the business, and because it relied on overstated income projections.

-22- 84. The appraiser's valuation of the Indiana Assets was based on the assumption that the Indiana Assets would have a net income of $548,883 in 2000 and that net income would increase approximately $200,000 per year thereafter. The PBO's historical net income figures from the financial statements collected by Church Extension and available to Ent

& Irnier for the years immediately preceding 2000 did not, however, support the appraiser's assumption that the Indiana Assets, which represented only a portion of the PEO's business, would have a net income of $548,883 in 2000. In 1997, the PEO had a net income of $57,446 and in 1998 its net income was $67,366. In 1999, the net income from the Indiana operations was only $116,431. The PEO ' s audited financial statement for 1999 was completed on March 8,

2000, two months after the Appraisal, but the appraiser does not explain in his appraisal how he determined what portion of the PEO's historical income from 1997 and 1998 was attributable to the Indiana Assets from the consolidated balance sheet or why he accepted the defendants' prediction that the Indiana Assets would generate net income of $548,883 in 2000 when the entire PEO generated only $67,366 in 1998, the most recent year for which the Appraiser had audited financials.

85. Moreover, rather than achieving the cash flows that would have justified the appraiser's valuation, the Indiana Assets lost $267,000 in 2000, and continued to lose money in the years that followed.

86. Ent & Imler's improper reliance on the appraisal of the PEO violated SAS

73 and thus did not conform to generally accepted auditing standards.

87. Third, Note 18 of the 2000 Financial Statements indicates that on October

27, 2000, Church Extension acquired 40 acres of undeveloped land in Port St. Lucie, Florida

-23-. through a bargain purchase. Based on the purported fair market value of the property, Church

Extension recorded an unrestricted contribution of $1,092,644 for the transaction. (Ex. G, at 57-

58.)

88. To support the non-cash contribution of over a million dollars for the Port

St. Lucie property, Ent & Imler relied on a flawed appraisal from DeAngelis which grossly overstated the property's fair market value. This appraisal concluded that the property was worth

$3,000,000 as of September 19, 2001.

89. Despite the fact that the property consisted of raw, undeveloped land,

DeAngelis concluded that it was worth $75,000 per acre, based on sales figures from nearby

"upscale" development communities of single family homes, all on parcels of over an acre or more of land. (DeAngelis Appraisal of 40+ Acres of Vacant Land on the West Side of St. James

Boulevard South of Canal C-106 St. Lucie County, at 22-23.) Even these comparables for land that was either developed or under development averaged only $70,000 an acre, and included a range in values from a low of $27,711 per acre to a high of $167,589 per acre. (Id.) No attempt was made in the appraisal to determine the reasons for these discrepancies, or to account for the costs of development. DeAngelis did note that there was a development across the street called

St. James Golf Club, which featured an 18-hole golf course, and offered homes for sale starting at $112,900, which included the lot and building. (Id. at 18.) He provided no explanation, however, for his conclusion that raw land should be valued for over two-thirds of the price of a luxury home on a golf course.

90. The sales figures for "upscale" commercial developments that DeAngelis relied on for his appraisal were simply not comparable to the value of raw land, or even for the

-24- value of the land based on Church Extension's actual development plans. As DeAngelis acknowledged, Church Extension did not intend to build upscale housing on the site, but instead planned to build a "church with sifting for 1,000 people, there are also plans for a day care center,

60 detached dwelling units, 45 independent living units, and 45 bed assisted congregate living facility." (DeAngelis Appraisal of 40+ Acres of Vacant Land on the West Side of St. James

Boulevard South of Canal C-106 St. Lucie County, at 21.)

91. Ent & Imler's improper reliance on the appraisal of the undeveloped land in Port St. Lucie, Florida violated SAS 73 and thus did not conform to generally accepted auditing standards.

92. Finally, Note 18 of the 2000 Financial Statement asserts that on December

28, 2000, Church Extension acquired property containing a nursing home, medical campus and a vacant hospital building located in Sardis, Mississippi through a bargain purchase. (Ex. G, at

57.) The Note further states that the transaction "resulted in an unrestricted contribution of

$2,622,218," based on the difference between the fair market value of the property and Church

Extension's payment of a total of $1,787,182 through a debt assumption of $535,000, cash paid of $399,207 and a promissory note of $852,975. (Id)

93. In fact, Church Extension signed a promissory note for $1,300,000, paid

$300,000 in cash, and assumed debt of $535,000, for a total payment of $2,135,000, or $347,818 more than the figure reported in Church Extension's 2000 Financial Statement. In addition, the appraisal that was used to support the "unrestricted contribution of $2,622,218," grossly overstated the value of the property for several reasons. First, this appraisal was based on projections of the income that could supposedly be generated after the vacant hospital had been

-25- F,

developed into a 45-unit assisted living facility, rather than on actual figures of the property's

historical income. Second, rather than following accepted appraisal techniques for determining

the value of the property "as is," the appraiser simply took an appraisal based on the projections

of income that could be generated once the property was fully developed and then deducted the

estimated cost of development. Finally, even this approach was flawed in its execution, since the

appraiser used a development cost of $2 million, when the estimate in its files was for

approximately $3.2 million.

94. Ent & Imler's improper reliance on the appraisal of the property in Sardis,

Mississippi violated SAS 73 and thus did not conform to generally accepted auditing standards.

The Inflated Reserve Analyses

95. Ent & Imler prepared false and misleading reserve analyses supporting the

Offering Circulars' representations concerning the reserves Church Extension purportedly held as

a percentage of its outstanding obligations under the Investment Note Program. These analyses

improperly inflate the true amount of reserves in several ways, including but not limited to: (1)

counting as cash or cash equivalents amounts that Church Extension could borrow under a line of

credit; (2) counting as liquid reserves marketable securities that the Church Extension had

already pledged as security for a line of credit; (3) including as liquid reserves amounts already

set aside as reserves to pay annuities on which Church Extension was the obligor; (4) counting as

liquid reserves municipal bonds under which Church Extension's own subsidiary was the

obligor; and (5) improperly counting long-term endowment funds and other reserved assets as

liquid reserves.

-26- 96. For example, in the May 2000 Offering Circular CEG claimed to have liquid reserves of $7,925,232 as of December 31, 1999, representing over 11% of outstanding notes as of that date. (See Ex. F, at 17.) The Offering Circular represented that Church

Extension, as a matter of policy, maintained reserves equal to at least 8% of outstanding notes.

(Id.) Those reserves were claimed to consist of cash or cash equivalents of $3,981,277, and various investment securities totaling $3,943,955. (Id.) In fact, the figure of $7.95 million was improperly inflated in various ways, including but not limited to the following: (1) improperly including in the "cash and cash equivalents" amount $1.3 million available to Church Extension on a line of credit; (2) improperly including in the Liquid Reserves $129,000 of municipal bonds that were issued by a subsidiary of Church Extension; and (3) improperly counting as reserves securities pledged to secure a line of credit. In fact, as of December 31, 1999, the amount actually available as reserves was well below the 8% of outstanding notes that the Offering

Circular represented Church Extension would maintain.

97. After deducting the improperly counted assets from the stated reserves,

Church Extension's actual liquid reserves fell well below the target percentage claimed in the

Offering Circulars,

98. The information known to Ent & Imler about the illiquidity of the "Liquid

Reserves" was not disclosed to investors. Rather, the Offering Circulars purported to show that the reserves were unencumbered. As such, the Offering Circulars misled investors about Church

Extension's financial position, and in particular about Church Extension's ability to repay the

Notes.

-27- COUNT I (Class Plaintiff v. Ent & Imler)

Violation of Section 10(b) of the Exchange Act, 15 U.S.C. § 78j, and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5

99. Class Plaintiff repeats and realleges paragraphs 1 through 98 as if fully set forth herein.

100. Ent & Imler was aware that Church Extension would include its March 17,

2000 and September 17, 2001 Independent Auditors' Reports in Offering Circulars for the

Church Extension Note Program and that investors would rely on those Reports when purchasing

Investment Notes from Church Extension. In spite of this, Ent & Jrnler made untrue statements of material fact and/or omitted to state material facts necessary to make the statements not misleading.

101. Ent & Imler had actual knowledge of the misrepresentations and omissions of material fact set forth herein, or acted with reckless disregard for the truth in that they failed to ascertain and to disclose such facts, even though such facts were available to them.

102. Ent & Imler knew or should have known after exercising reasonable diligence, that the 1999 and 2000 financial statements on which it gave unqualified opinions contained material misstatements, including the assertions that the bargain sale transactions reported in Note 17 to the 1999 Financial Statement and Note 18 to the 2000 Financial Statement grossly inflated the values of the acquired properties, so that income was improperly recognized and assets were carried at inflated values on Church Extension's balance sheet. In doing so, Ent

& Imler's failed to adhere to generally accepted auditing standards. 103. Ent & Imler knew or should have known after exercising reasonable diligence, that the Offering Circulars dated May 1, 2000, and November 1, 2001 contained false claims about the amount of Church Extension's Liquid Reserves and its ability to repay the Notes offered for sale in those memoranda.

104. As a result of Ent & Imler's reckless acts and/or omissions, the

Noteholders were induced to purchase Notes from Church Extension based on inaccurate, misleading and incomplete information. At the time of the misrepresentations and omissions, the

Class Plaintiff and other Class members were ignorant of the falsity of the omissions and believed them to be true. Had the Class Plaintiff and other Class members known of the true financial condition and business dealings of Church Extension, which were not disclosed, the

Class Plaintiff and other Class members would not have purchased or otherwise acquired the

Church Extension Notes, or, if they had acquired the Notes, they would not have done so at the artificially inflated prices which they paid.

105. The Noteholders each sustained pecuniary loss as a result of their justifiable and detrimental reliance on the information contained in the 1999 and 2000 financial statements certified by Ent & Imler and their detrimental reliance on the Offering Circulars.

106. The foregoing actions by Ent & Imler constitute violations of Section

10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78, and Rule lOb-S promulgated thereunder. 17 C.F.R. § 240.1Ob-5.

107. The Noteholders' pecuniary loss includes the difference between the value they paid for the Notes and the true value of the Notes, as well as the income they could have earned had their funds been invested in vehicles equivalent to what the Notes purported to be.

-29- WHEREFORE, the Class Plaintiff prays for relief and judgment against the defendant, Ent & Imler, as follows:

1. A determination that this action is a proper class action, designating Class Plaintiff as Lead Plaintiff and certifying Class Plaintiff as a Class

Representative under Rule 23 of the Federal Rules of Civil Procedure and Plaintiff's Counsel as

Lead Counsel;

2. An award of compensatory damages in favor of the Class Plaintiff and other Class members against the defendants for all damages sustained as a result of the defendant's wrongdoing, in an amount to be proven at trial, including interest thereon;

3. An award to the Class Plaintiff and the Class of their reasonable costs and expenses incurred in this action, including counsel fees and expert fees; and

4. Such other and further relief as the Court may deem just and proper.

COUNT II (Receiver Plaintiff v. Elt & Imler)

Breach of Contract

108. Plaintiff alleges paragraphs 1 through 107 as if fully set forth herein.

109. In or about December, 1997, the Church Extension and Ent & Irnier entered into a contract, for good and valuable consideration, whereby Ent & Imler was required to, and agreed to, provide auditing services and provide an audit opinion on the Church

Extension financial position in accordance with generally accepted accounting standards.

-30- 110. The contract was reduced to writing in the form of an engagement letter, attached hereto as Ex. C.

ill. The contract was extended and continued throughout the Relevant Period.

112. Church Extension fully performed its obligations under the contract during the Relevant Period.

113, Ent & Imler failed to perform its obligations, and breached the contract, in that it failed, among other things, to do the following:

a. perform its audit in accordance with procedures that complied with

GAAS;

b. test the documentary evidence supporting the transactions recorded in the accounts, test the physical existence of assets, and confirm the investments, receivables and certain other assets and liabilities; and

C. render the financial statements free of material misstatements.

114. Asa natural, probable and foreseeable consequence of Ent & Imler's breach of its contract, Church Extension suffered serious financial loss and was damaged.

115. Church Extension's pecuniary loss includes all consideration that it paid to

Ent & Tinier and all amounts that it now must pay to creditors as a result of Ent & Imier' s false and misleading statements regarding Church Extension's financial position.

WHEREFORE, the Receiver Plaintiff prays for relief and judgment against the defendant Ent & Imler, as follows:

1. Disgorgement of fees paid to Ent & Imler by Church Extension;

-31- 2. An award of compensatory damages in favor of the Receiver

Plaintiff against the defendants for all damages sustained as a result of the defendant's wrongdoing, in an amount to be proven at trial, including interest thereon;

3. An award to the Receiver Plaintiff for its reasonable costs and expenses incurred in this action, including counsel fees and expert fees; and

4. Such other and further relief as the Court may deem just and proper.

PLAINTIFFS DEMAND TRIAL BY JURY ON ALL ISSUES SO TRIABLE.

-32- Respectfully submitted,

CENTRAL CO ITY CHURCH OF GOD,

By: One of Its Attorneys

-and-

JEFF MAR WIL, as Receiver of the CHURCH EXTENSION OF THE CHURCH OF GOD, INC. and UNITED MANAGEMENT SEES

Onp11is Attorneys

Elliott D. Levin Sue Figert Meyer John C. Hoard Rubin & Levin, P.C. 500 Mariott Center 342 Massachusetts Avenue Indianapolis, Indiana 46204-2161 (317) 860-2901

Counsel for Central Community Church of God, Inc.

- and -

Jeff J. Marwil, Esq. Shelley Malinowski, Esq. JENNER & BLOCK, LLC One IBM Plaza Chicago, Illinois 60611 (312) 222-9350

Counsel for the Receiver

Dated: January 15, 2004

-33- CERTIFICATE OF SERVICE

I hereby certify that a copy of the foregoing has been served upon the following by first class United States Mail, postage prepaid, this day of January, 2004:

Jeff J. Marwil Susan K. Roberts Shelley Malinowski. Nicholas C. Nizainoff Heather Kramer Heather L. Emenhiser JENNER & BLOCK, LLC STUART & BRANTGIN, LLP One IBM Plaza P. 0. Box 1010 Chicago, IL 60611 Lafayette, IN 47902-1010

Sue Fig Meyer

RUBIN & LEVIN, P.C. 500 Marott Center 342 Massachusetts Ave. Indianapolis, IN 46204-2161 (317) 634-0300 fax (317) 263-9411 SFMJvIr G:WP80\Vickie\PIeading\Church - Marwi - Ent & Emler - Mid Comp]

-34-

A Dale Richardson or Juanita Richardson R R 2 Box 168 Saint Elmo, IL 62458 A Franklin Hill and Davida R Hill as Trustees U/T Dated 36061 96 Shame School Road Calvert City, KY 42029 A Louise Pickens or James Pickens or Sharon Tighe 148 Nursery Road Anderson, IN 46012 A Louise Pickens or Jerry W Pickens 148 Nursery Road Anderson, IN 46012 A Louise Pickens or Sharon Tighe 148 Nursery Road Anderson, IN 46012 A Vance Kupisch or Came A Kupisch 5432 Calkins Road Flint, Ml 48532-3303 A Wayne Halbleib Living Tru 585 West Union City Road Union City, Ml 49094 Aaron Justice 11713 Highway 26 P0 Box 312 Kinnear, WY 82516-0312 Abigail G Shepherd P 0 Box 460 321 Division Morton, WA 98356 Abigail G Shepherd or Lori Shepherd P 0 Box 460 321 Division Morton, WA 98356 Abram Fluck F Geraldine Fluck 609 Peterson Street Fort Collins, CO 80524 Ada C Gaff 114 Lincoln Avenue Bedford, IN 47421-1613 Ada C Gaff or Maressa Seymour 114 Lincoln Avenue Bedford, IN 47421-1613 Adam B Ressler or Carol A Holzman 4416 Macworth Place Baltimore, MD 21236-2615 Adam M Sanders Georgia C Sanders 1318 Morningside Drive Anderson, IN 46011-2456 Adelaide L White or Philip White 345 Grandview Drive Kodak, TN 37764-2117 Adelaide Nachtigall 141 Bonaventure Drive LaGrange, GA 30241 Adolph E Belch or Ruby Beich 519 Sheridan Street Crookston, MN 56716-1234 Adolph Peters or Maxine Peters 439 East Brown Road Mesa, AZ 85203 AGA - Camp Challenge Nettle J Gorder, Treasurer 4317 Maclnnes Street Anchorage, AK 99508-5135 Agnes Whalen Johnson John R Johnson Daniel L Whalen 381 Coldstream Drive Danville, KY 40422-1011 Agnes Whalen Johnson John R Johnson James M Whalen 381 Coldstream Drive Danville, KY 40422-1011 Agnes Whalen Johnson John R Johnson Lisa C Morris 381 Coldstream Drive Danville, KY 40422-1011 Agnes Whalen Johnson John R Johnson Patricia D Bentley 381 Coldstream Drive Danville, KY 40422-1011 Aileen M Pistole or George M Pistole 2 lndrio Boulevard Indian Harbor B, FL 32937-4370 Aivonia M Hatley 3455 Zion Church Road Concord, NC 28025 Alaska Gen. Assembly of Ch Nellie Jo Gorder-Treasurer 4317 Mac Innis Street Anchorage, AK 99508 Albert Cook or Alice L Cook 1975 Jolly Road Okemos, MI 48864 Albert E Auguatson Virginia Augustson 218 Vine Street Moro, IL 62067-1702 Albert E Ware Albert M Ware 1468 Shipherd Street Detroit, MI 48214-2455 Albert E Ware Charles E Ware 1468 Shipherd Street Detroit, MI 48214-2455 Albert J Unger Edward L Butler 1000 Kings Highway #434 Port Charlotte, FL 33980-4257 Albert L Ratcliff Trust Agreement Dated April 29, 19 1762 Glen Lake Road Hoffman Estates, IL 60195 Albert W Cook and Alice L C and their successors as Co-Trustees of the Albert W Cook Trust #1 Dated 3/13/92 1975 Jolly Road Okemos, MI 48864 Albert Yahnig Hermine Yahnig 2050 North Highway 1247 Somerset, KY 42501-4534 Alberta R Johnson or Vivian 0 Reid 11305 Duxbury Drive Largo, MD 20772 Aida E Wilson Scholar Scholarship Fund P 0 Box 2069 Anderson, IN 46018-2069 Alexis Neyman Greg Neyman 1010 Woodland Crossing Fort Wayne, IN 46825-7238 Alfred L Conner Geraldine L Conner 331 Greenwood Avenue Gloucester City, NJ 08030-1604 Alfreda Diegel 2111 North 53rd Street Washington Park, IL 62204 Alice M Brown 1739 Allen Lane Anderson, IN 46012-1901 Alice McDowell P0 Box 110 506 North Sandusky Catlin, IL 61817 Alice Robertson Charles H Robertson 1150 Payne Avenue Casper, WY 82609 Alicia Walton 111 White Riv. Mtn. Blvd. #20 Hollister, MO 65672-5470 Alise Dawn Crittendon Marilyn C Staples 5225 Huntcrest Place Mableton, GA 30126-2072 Allen L Smith 5319 North Ennis Road Alma, Ml 48801-9557 Allen W Moore Barbara Tiley Moore 0676 South Jadden Road Marion, IN 46953 Allene F Shell or Leland WShell 3210 South Illinois Avenue Caldwell, ID 83605 Alma M Johnson or National Memorial Church of God 7207 Central Avenue Takoma Park, MD 20912 Alma P Gohde P 0 Box 759 Archer, FL 32618 Alta B Calkins Lyle S Calkins 4200 Ankar Park Drive #125 Bellingham, WA 98226-6405 Alton Downs or Patricia Dow 1014 West 4th Street Weiser, ID 83672-1707 Alvin Season Marie L Beason 724 North Henry Street Lebanon, IN 46052 Alvin F Rice Delores M Rice 4110 Clovemook Lane Seabrook, TX 77586-4202 Alvin Hartman Delores Hartman 2031 North 8th Street Bismarck, ND 58501-1834 Alvin Oldham or Glenna Oldham 26 Old Bridge Cove Jackson, MS 39212-8730 Amelia Valdez Vazquez or Samuel D Vazquez Apartado 186 Saltillo Coahul, MEXICO American Church Trust Co. 14615 Benfer Road P. 0. Box 690089 Houston, TX 77269-0089 Amy D Witt Michelle Gottke 615 Ravens Lake Drive Anderson, IN 46012 Amy Katherine Ostrand Mara Jean Ostrand 2135 Aberdeen Avenue Southi Renton, WA 98055-4532 Ancata Clarke or John Clarke 226 Thiess Branch Drive Hinesville, GA 31313-4108 Andre Marcus Crittendon Marilyn C Staples 5225 Nuntcrest Place Mableton, GA 30126-2072 Andrew C Bonne or Crystal Vi Bonne 8885 North 300 West Carthage, IN 46115 Andrew De Waele Violet E De Waele 105 North Waverly Road Eaton Rapids, MI 48827 Andrew Gene Gray Betty Jo Gray 2253 Old Troy Road Union City, TN 38261 Andrew J Craig or Ross E Craig or Delena Craig 3012 Edgewood Drive Midwest City, OK 73110 Ann E Cunningham 2550 Liberty Road Unit 205 Lexington, KY 40509 Ann H Muse or Ralph E Muse 210 Scenic View Somerset, KY 42503-2862 Ann Smith or Gerald Smith ii C R 3 Box 1 Monterey, VA 24465 Anna Chandler Charlie R Chandler 2103 South Winding Way Anderson, IN 46011-3866 Anna F Hargett Revocable T 114 Genesis Point Lake Wales, FL 33859-0900 Anna F Snider 7558 Hinton Park Avenue SOL Cottage Grove, MN 55016-5712 Anna Harris or John Harris 7 Thompson Avenue Pitman, NJ 08071 Anna L Eaton Shelby A Eaton 9906 Northridge Drive Louisville, KY 40272-2951 Anna L Pope or Larry Wells or Sandra Wells 19 Oakridge Drive Littleton, NC 27850 Anna Lee Haste or James E Tryon 1750 25th Street ,. Bedford, IN 47421 Anna Lucille RydlLind or Russell B Rydlurid 2475 North 15th Coos Bay, OR 97420-2124 Anna R Miller 2111 North 53rd Street East Saint Louis, IL 62204 Anna V Colkitt K Gail Langfitt 2425 53rd Avenue Vero Beach, FL 32966-2151 Anna V Colkitt or Albert Jay Colkitt Jr 2425 53rd Avenue Vero Beach, FL 32966-2151 Annabelle Nowlin Charles A Nowlin 5905 Douglas Way Anderson, IN 46013-9632 Anne M Battle or Marilyn C Staples 2715 Black Forest Tn. SW Atlanta, GA 30331-2709 Annie Bell Scott or Vemell Scott P0 Box 16395 Kansas City, MO 64112 Annie V Greer or Samuel A Greer 4805 Boicewoad Street Houston, TX 77016 Annie V Roberts Shelby T Roberts 804 South Central Avenue Campbellsville, KY 42718-1108 Annie V Roberts or Shelby T Roberts or Jewell Corbin and Marilyn Garner 804 South Central Avenue Campbellsville, KY 42718-1108 Annie Zahnow Revocable Tn 1514 East Maplewood Bellingham, WA 98225-1330 Archie C Sims 610 South Junction Avenue Cave Junction, OR 97523-9014 Arizona Association of the Church of God Judith L Terrel, Treasurer 13923 East Coyote Road Scottsdale, AZ 85259-3733 Arizona State Board of The Judith L Terre[, Treasurer 13923 East Coyote Road Scottsdale, AZ 85259-3733 Arlan G Showers and Gwendolyn E Showers Living Trust 731 East Buchanan Road Ithaca, Ml 48847-9503 Arlene G Gable Robert C Gable 1614 8th Street Northwest Cedar Rapids, IA 52405-1607 Arlene Reese 1716 Magnolia Street Southe Lacey, WA 98503 Arlene Reese Glen A Reese 1716 Magnolia Street Southea Lacey, WA 98503 Arleta R Schwarz or David C Schwarz 1910 South Mack Avenue Muncie, IN 47302-4438 Arley K Cravens Ruby G Cravens 1007 Kirkwood Avenue Murfreesboro, TN 37130-4911 Arline M Swayze Altman Jody L Calton 3764 Swadley Street Wheat Ridge, CO 80033-5338 Arline M Swayze Altman or ,Jody L Caftan and Heather L Bolt 3764 Swadley Street Wheat Ridge, CO 80033-5338 Arlington Church of God Lois Sojourner-Treasurer 539 South Arlington Street Akron, OH 44306 Arlo W Gould Alice M Gould 2433 Denise Drive Clio, Ml 48420-1048 Arnold E Myran or Barbara M Myran 739 Weber Road Greenfield, IN 46140-2552 Arnold H Hams or Harriet H Harris 6677 Hickory Brook Road Chattanooga, TN 37421-1780 Arthur B Williams 299 10th Avenue Apt 1-D New York, NY 10001 Arthur Carson and Janice E Carson 2224 Whitney Toledo, OH 43606 Arthur Eikamp and Norma H Elkamp Trust P 0 Box 116 Langlois, OR 97450 Arthur Eikamp or Tomoko A Elkamp P0 Box 116 Langlois, OR 97450 Arthur Ennis or Anna L Ennis 312 North State Road 61 Winslow, IN 47598-9668 Arthur F Bebee David A Bebee 1514 Riverside Drive Apt Cl 1 Salisbury, MD 21801-6768 Arthur F Bebee Douglas K Bebee 1514 Riverside Drive Apt Cl 1 Salisbury, MD 21801-6768 Arthur F Bebee Myrtle K Bebee 1514 Riverside Drive Apt Cl 1 Salisbury, MD 21801-6768 Arthur Bebee Richard Bebee 1514 Riverside Drive Apt C11Salisbury, MD 21801-6768 Arthur R Raney Jr Maxine W Raney 1020 Westbrook Drive Mooresville, IN 46158-1033 Arthur Smith and Dean F Smith 1072 Blue Mill Road Del Rio, TN 37727 Arvid W Augustson Lois T Augustson 5904 Wonder Drive Fort Worth, TX 76133 Arvin Keyes or Elsie Keyes 1505 North Cody Avenue Nixa, MO 65714-9761 Ashley Keriworthey and Shirley Kenworthey 34539 Edgar Kennedy Road Pearl River, LA 70452 Ashley R Pine Belinda S Pine 316 Pearl Street Chesterfield, IN 46017 Association of Churches of C in Oregon and SW Washingtc Church of God State Office P 0 Box 18000 Salem, OR 97305 Aubrey Kautz Jr 260 Sherwood Forest Morehead, KY 40351 Audrey Belle Brown Wilma Nadine Moore 6753 Southeast 134th Avenue Portland, OR 97236-4546 Audrey Wright or Anita M Wharton 115 Merriam Street Apt 8215 Walla Walla, WA 99362-2182 Austin Meeks Rachel D Meeks 370 8th Court Vero Beach, FL 32962 Avalyn W Hatfield 411 1st Avenue North Apt 911 Saint Petersburg, FL 33701 Avis Lee Cannon Ruby M Barth Route #2 Box 121 Urich, MO 64788-9104 Avis Lee Cannon or Cohn Thomas and Donnie Thomas Route #2 Box 121 Urich, MO 64788-9104 Avis Lee Cannon or Nicole Leigh Barth Route #2 Box 121 Urich, MO 64788-9104 B E Davenport Barbara H Davenport 50 Stephens Way Northeast Rydal, GA 30171-1654 Bahe Woodman or Mable Woodman P. 0. Box 152 Sanders, AZ 86512 Bane E Blankenship June P Blankenship Terry D Blankenship 3710 South Garfield Place Kennewick, WA 99337-8201 Bane E Blankenship or June Blankenship 3710 South Garfield Place Kennewick, WA 99337-8201 Barbara A Hill Richard D Hill 6025 East Boise Mesa, AZ 85205-8315 Barbara B Hubbard 43141 Judd Road Belleville, MI 48111 Barbara B Hubbard or Roosevelt Hubbard 43141 Judd Road Belleville, Ml 48111 Barbara Gail Groves Theresa L Sturm Lee Ann Puckett Chad R Groves 7542 Meridian Avenue Evansville, IN 47715-8448 Barbara Higgins Ronald Higgins 4750 30th Avenue Sears, MI 49679-8737 Barbara J Freeman or Fred Freeman 11800 Street Road 32 West Yorktown, IN 47396 Barbara J Taylor Nancy J Lenz 527 Parchmourit Avenue Parchment, Ml 49004-1362 Barbara J Trimmer 10368 Stoneflower Drive Parker, CO 80134 Barbara K Munson Arthur W Munson 2574 Novus Street Sarasota, FL 34237-8104 Barbara Nunes 503 Westview Street Narrows, VA 24124-2147 Barbara Parker or William M Parker 928 Abbott Road Walla Walla, WA 99362 Barbara Reynolds or Ellis Reynolds 114 Holly Hills Drive Mount Sterling, KY 40353 Barbara Wainwright or James A Wainwright 17048 129th Road MoAlpin, FL 32062 Barbara Westerman Kenneth Westerman 2442 Grand Avenue Niagara Falls, NY 14301-2426 Barry Bentley or Cyndee Bentley 1201 South Durbin Anderson, IN 46012-9698 Barry L Callen or Arlene C Callen 1703 Falls Court Anderson, IN 46012 Barry Weyland 4033 Pinestead Walled Lake, Ml 48390-1344 Bay Ridge Christian College Attn: Robert Petitt-Treasurer p 0 Box 726 Kendleton, TX 77451 Beatrice Crane or Marjorie Reeves 2000 Leonard Street NE #404 Grand Rapids, Ml 49505-5837 Becky Morris or Eileen Lobdell 2609 Southeast 151 St Avenue Portland, OR 97236-2321 Belinda S Pine Michael E Pine 316 Pearl Street Chesterfield, IN 46017-1609 Belva Clark or Jennalee Shockey or Richard W Shockey 1124D Evergreen Court Indianapolis, IN 46240 Belva Clark or Richard W Shockey 1124D Evergreen Court Indianapolis, IN 46240 Belva Clark or Jaree Shocke or Richard W S hockey 1124D Evergreen Court Indianapolis, IN 46240 Belva Clark or Ryan Shocke or Richard W Shockey 1124D Evergreen Court Indianapolis, IN 46240 Ben I-I Phillips or Virginia T Phillips 509 North 1st Street Colquitt, GA 31737 Bender Revocable Living Tri. 4803 Glendale Avenue Northc Salem, OR 97305 Benjamin 6 Dunbar or George Samuel Dunbar or Mary J Dunbar 510 Olive Street Saint Louis, Ml 48880-1661 Benjamin J Snyder or Peggy Snyder % Peggy Jean Snyder 9707 Monroe Road Wheeler, Ml 48662 Benjamin S Wills Harry C) Wills Lucille Wills, Custodian 306 Sunset Boulevard Greeneville, TN 37743-4489 Bennie E Cary or Beverly Gary 1560 Fm 3352 Moore, TX 78057-3304 Bennie E Cary or Olga B Cary 1560 Fm 3352 Moore, IX 78057-3304 Bernard Dobbins or Dolores Dobbins 6 West 12th Street Jamestown, NY 14701 Bernetta Kay Napier 224 Bittersweet Lane Henderson, KY 42420-4723 Bernetta Kay Napier or Larry E Napier 224 Bittersweet Lane Henderson, KY 42420-4723 Bernice Foust or Janet Mullen 2912 Salem Avenue Sarasota, FL 34232-5118 Bernice H Helferich, Trustee Under Trust Agreement Datec 34187 218 Adams Place Clinton, IA 52732 Berniece E Douma or Byron L Douma 64899 C R 33 Goshen, IN 46528 Bert 0 Blocher Jeanne E Blocher 1218 Frances Lane Anderson, IN 46012-4522 Bertha M Williams 105 Ashland Place Apt BC Brooklyn, NY 11201 Bertha M Williams Helen L Coney 105 Ashland Place Apt 8C Brooklyn, NY 11201 Bertha Radich 1013 Plo Pica Placentia, CA 92670 Bertie M Milstead 4630 Pisgah Marbury Road Marbury, MD 20658-2218 Beryl VanDyck Darrelle Ann Ellis 201 East Broadway Apt 325, Ponca City, OK 74601-4312 Bessie L Haar or Lloyd E Haar Route 2 Box 24 Keyes, OK 73947 Bessie Lee Miller 408 South Aurora Geary, OK 73040-2809 Bethany Church of God Scholarship Fund Lloyd Greet, Treasurer 11600 Clinton River Road Sterling Height, Ml 48313-2414 Bettie Mae Payton Estate 846 N Kingshighway Bouleva, Saint Louis, MO 63108 Betty Ann Wright or Dean Morris 2560 East 22nd Road Marseilles, IL 61341 Betty Bryant or Hilton 0 Bryant 3125 Orchard Drive Hammond, IN 46323-2303 Betty G Cadamore 1004 Whippoorwill Drive Port Orange, FL 32127 Betty Gayle Goodwin, Truste Under The David and Betty Gayle Goodwin Revocable Livi Trust Dated October 24, 1997 16617 Orchard Hills Drive Sun City, AZ 85351-1723 Betty Holmes 7403 Southeast 78th Avenue Portland, OR 97206-7806 Betty I Bentch Clarence E Bentch 12172 Halifax Halts Summit, MO 65043-1703 Betty J Lewellen 219 South Denney Drive New Castle, IN 47362 Betty J Marshall 133 Logan So Bend, IN 46615 Betty J Massey or Allen Massey Rr 2 Box 908 Locust Grove, OK 74352-9632 Betty J Peterson or Harry E Peterson or Joan M Bull and Barbara J Seaman 21798 160th Avenue Big Rapids, Ml 49307-9319 Betty J Taylor Robert C) Taylor P.O. Box 322 2283 Cove Trail Crystal, Ml 48818 Betty Knepp Eugene R Knepp 3215 West 53rd Street Anderson, IN 46011 Betty L Albrecht James A Albrecht 1013 Imel Drive Anderson, IN 46012-4146 Betty L Pontious Living Trusi P 0 Box 22 Babson Park, FL 33827-0022 Betty Lou Myers, Myers Trust Dated 12/20191 11220 Balboa Drive Sun City, AZ 85351 Betty M Jennings Trust 6004 Sherwood Lane Southe Lacey, WA 98513-2212 Betty M Pavey or Carl Pavey 127 North Elma Street Anderson, IN 46012 Betty M Welch 1808 Daphne Drive Anderson, IN 46013-2590 Betty Martin and Melvin E Martin 32 Los Flores Avenue S San Francisco, CA 94080 Betty Riemersma or Marvin L Riemersma 1317 Mason Street Northeast Grand Rapids, Ml 49503-1339 Belly Waugh Dale K Waugh 281 Oak Hill Drive Sarasota, FL 34232 Betty Waugh David K Waugh 281 Oak Hill Drive Sarasota, FL 34232 Betty Waugh Deborah K Martin 281 Oak Hill Drive Sarasota, FL 34232 Betty Wessel 1656 Lawrence Avenue Ashland, KY 41102 Betty Woodward Curtis Jay Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Betty Woodward Daniel Ray Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Betty Woodward David Lee Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Betty Woodward Philip Timothy Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Betty Woodward Vicki Lou Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Betty Woodward or Daniel Woodward and Vicki Woodwa and David Woodward and Curtis Woodward and Timothy Woodward 3009 A Illinois Street Bedford, IN 47421-5452 Bettye R Pearce Cliarisse D Traylor 493 Polk Avenue River Rouge, MI 48218 Bettye R Pearce Lewis Pearce 493 Polk Avenue River Rouge, MI 48218 Beulah C Lowery George A Lowery 201 North East Street Lexington, IL 61753-1515 Beulah Carilif Peggy Beckett 1925 Bridge Street NW Apt 30 Grand Rapids, MI 49504-6071 Beulah L Byerman or Norma Davis 2395 Jaeger Drive #46 Defray Beach, FL 33444-2042 Beulah M Richards or Elizabeth Susan Clark 645 Roy Edwards Lane Mars Hill, NC 28754-8123 Beulah M Woods 708 High Street Apt. F Anderson, IN 460112-3046 Beulah Underhill 549 Northeast 10th Street Linton, IN 47441 Beuna Strait or Daniel Strait 3719 Mc Corkie Avenue Charleston, lAW 25304 Beverly A Peterson or Elizabeth Adams 3125 7th Street Drive Northeal Hickory, NC 28801 Beverly A Peterson or Lacy Catherine Peterson 3125 7th Street Drive Northea Hickory, NC 28601 Beverly Dover or William D Dover 2860 Skyline Falls Drive Sand Springs, OK 74063-5861 Beverly Graddy Karl R Graddy 2417 Highland Road Anderson, IN 46012-1923 Beverly J Mitchell or R Daryl Mitchell 12502 River Road Fort Myers, FL 33905 Beverly J Pierce 3403 River Bluff Road Anderson, IN 46012-4633 Beverly Vickery 4880 Peach Ridge Grand Rapids, MI 49544 Beverly Vickery Gary Vickery 4880 Peach Ridge Grand Rapids, MI 49544 Bianca Genova 68 Regency Court Grand island, NY 14072-1422 Bill E Wilcox Imogene Wilcox 521 Hi Crest Drive Lexington, KY 40505-2233 Bill Miller or Bonnie .1 Miller P. 0. Box 267 Morley, MO 63767-0267 Bill Oldham Lucille Oldham 403 Beverly Hills Drive North Tazewell, VA 24630 Bill R Glidewelt or Treva J Glidewell in Trust for Stephanie L Boyington 3665 Whisperwood Circle Melbourne, FL 32901-8130 Bill R Shoemaker or Carol Shoemaker 3520 Vicki Street Morristown, TN 37814 Blake Kenworthey and Nicki Kenworthey 21156 Mire Drive Abita Springs, LA 70420-3112 Bob Eastman Gladyne Eastman P. 0. Box 271 Buckeye, AZ 85326 Bob G Christensen or Barbara S Christensen 4203 Clearwater Drive Southe Lacey, WA 98503-4430 Bobbie J Dickinson Lucille D Mooneyham 511 Woodland Hills Drive Philadelphia, MS 39350-3345 Bobbie J Dickinson Paul W Dickinson 511 Woodland Hills Drive Philadelphia, MS 39350-3345 Bobby Gene Amburgey or Irene Amburgey 5065 Camargo Road Mount Sterling, KY 40353 Bobby J Sheppard or Dollie Sheppard 1109 North 45th Street Waco, TX 76710-4949 Bobby Ray Wtiisnant Kathleen Whisnant 2241 14th Avenue Drive SW Hickory, NC 28602-4839 Bolka Family Trust Dated May 27, 1999 4903 North Centaurs Court Annandale, VA 22003 Bonnie Davis Family Trust IJIDT 12-13-95 Bonnie I Davis, Trustee 105 Harris Bishopville, SC 29010-1601 Borden Trust, Oscar and Norma Borden, Trustees Box 707 Penney Farms, FL 32079-0707 Bradley Reynolds or Paul Reynolds 1424 East View Avenue Apt 11 Vicksburg, MI 49097-9436 Brandert Bruzzese Wayne Bruzzese Barbara Bruzzese C/O Barbara Bruzzese 1008 Wilson Boulevard Anderson, 114 46012-4543 Brandi Kenworthey and Nicki Kenworthy 21156 Mire Drive Abita Springs, LA 70420-3112 Brenda Ann Holzman Adam B Ressler 2904 Hillcrest Avenue #2nd Fli Baltimore, MD 21236-2615 Brenda J TakesHorse or Caleb C TakesHorse 17515 Meadow Creek Drive Eagle River, AK 99577 Brenda J TakesHorse or Travis J TakesHorse 17515 Meadow Creek Drive Eagle River, AK 99577 Brenda S Hill or Elaine Hill 538 Lorain Street Sharon, PA 16146 Brenda WWells or Aleshi Gregory 200 Wells Lane Morehead, KY 40351 Brentwood Park Apartments 2510 Farnsworth Drive Apt 112 Fort Wayne, IN 46085 Breton 6 Line or Donna Line 522 East 26th Street Scottsbluff, NE 69361-1794 Brian AnselI 1318 West Orlando Street Broken Arrow, OK 74011 Brian D Burns or Carolyn S Burns 2020 North 49th Avenue Hollywood, FL 33021-4008 Brian E Rider or Susan L Rider 3590 Monroe Road Allegan, MI 49010 Brian M Kays Jouett Faulkner 222 Castle Drive Georgetown, KY 40324 Brian W Dennis or Daryl Dennis or Joy Messick Dennis 3457 Royal Wood Road Lexington, KY 40517 Bronx Highway Church 3071 Olinville Avenue Bronx, NY 10467-6794 Bruce Smaltz Nancy Smaltz 4010 South Pine Dell Drive Lansing, Ml 48911 Bruce Wood or Joan Wood 4748 West 250 South Anderson, IN 46011-9445 Bryan Sliger or Mary Silger 115 CR 433 Englewood, TN 37329 Bryce A Taylor or Lynda Taylor 2204 South Michigan Caldwell, ID 83605 Buzz Seaton 7113 Hilltop Court Midwest City, 01< 73110 Byron L Douma or Berniece E Douma 64899 C R 33 Goshen, IN 46528-7551 Byron N Adcock or Keiko N Adcock 3639 Oak Cluster Street San Antonio, TX 78253-5031 Byrum Mc Bride or Shirley Mc Bnde 12034 Brewster Street Livonia, Ml 48150-1415 C David Weisheimer Phyllis D Welsheimer 1203 Winding Way Anderson, IN 46011-1658 C Edward Boston Fund C/O Lucy Tedrick, Trustee 235 Old Piney Road Marion, KY 42064 C Edward Lamb Helen Lamb 865 Cedar Creek Cave Road Greeneville, TN 37743 C Isobelle Neal Bobby G Neal 9305 West 38th Avenue Wheat Ridge, CO 80033-4228 C Louise McKenzie or Diana L Whitener and Marsha G Richardson and Charles P Mc Kenzie 727 1-lathe Drive Anderson, IN 46013 C 0 Creel 4013 Steamboat Loop Northw Olympia, WA 98502 C Terry Shrout Betty Jo Shrout 6672 Koufax Lane Northeast Keizer, OR 97303-1874 Cal Steven Meyer Donald W Berry 12419 Bayhill Drive Carmel, IN 46033 Cal Steven Meyer Krista Meyer Steven Meyer 12419 Bayhill Drive Cannel, IN 46033 Caleb C TakesHorse and Brenda J Takesl-lorse 17515 Meadow Creek Drive Eagle River, AK 99577 Caleb C TakesHorse or Evelyn G Mamaloff 17515 Meadow Creek Drive Eagle River, AK 99577 Calvin D Kinner Joyce M Kinner 301 Horseshoe Bend Brookings, SD 57006 Calvin J Stockton 6029 S.E. 49th Avenue Portland, OR 97206-6116 Camp Amigo MS Bobbie Griffith. Treasurer 3802 Lincoln Street Corpus Christi, TX 78415 Camp Joy Endowment Fund C/O John Abrams 1881 F Road Delta, CO 81416 Campground Church of God 4570 Asheville Highway Greeneville, TN 37743-2230 Candice R Farmer or Robert A Farmer or Ann Schwab 8777 West Street Road 234 Shirley, IN 47364 Capitol Hill Church of God 3120 South Harvey Avenue Oklahoma City, OK 73109-6311 Carl A Buck or Lena Buck 233 Bowie Street Saint Albans, WV 25177-1973 Carl C Nisbet Sara W Nisbet 220 Michigan Avenue South Haven, MI 49090 Carl C Peterson Mildred M Peterson 1313 Church Street Baker City, OR 97814-2961 Carl Caldwell or Evelyn Caldwell 281 West Street Clair Irving, IX 75061 Carl E Buck or Lena Mae Bu or Jerome Buck and Carl Alar Buck and Terry Lee Buck and Connie Jean Erwin 233 Bowie Street Saint Albans, WI 25177-1973 Carl E Olson or June C Olson 4116 Harmony Hill Desoto, MO 63020-3529 Carl M Hazel or Elizabeth A Hazel 4586 North Morrison Road Morgantown, IN 46160-8937 Carl Ramsey and Ruth A Ramsey 1039 Ruby Street Lakeland, FL 33801-4457 Carlin and Vernell Williams Trust 866 Crestview Drive Reedsport, OR 97467-1500 Carlos L Corzine or Mildred Corzine 2604 East 2nd Street Anderson, IN 46012-3205 Carmen L Damron 2809 Adams Street Ashland, KY 41102-6007 Carol A Morrical Kenneth E Morrical P. 0. Box 654 Mount Carmel, IL 62863-0654 Carol Jean Miller 1109 San Jacinto Highlands, TX 77562-3537 Carol 0 Hutchinson Revocal Trust Dated 4/19/91 93 Genesis Pointe Drive Lake Wales, FL 33853 Carol V Ruby Eula S Houck 1384 North Amberbrooke Aver Tucson, AZ 85745 Carolyn Burns or Emerson Burns 1240 West 550 South Anderson, IN 46013-9775 Carolyn Martinez 1504 Mesirla Northeast Albuquerque, NM 87110 Carolyn Sue Hunsaker Samuel R Hunsaker 4034 South Highway 37 Bloomington, IN 47401 Carolyn Tulowitzky or Clyde Julian Tulowilzky Route 33 Box 437 Alexandria, IN 46001 Carrie G Ott Jack L Ott 2 Indrio Boulevard hid Harbor Beach, FL 32937-4370 Carrie Helterbriclle or Michael Helterbildle Good Shepherd Villa 726 Center Street Apt 101 Ashland, OH 44805 Carrie N Franklin Herb L Franklin P 0 Box 462 Mount Sterling, KY 40353-0462 Carroll A Curtis E Maxine Curtis 2724 Lynnhurst Street Sarasota, FL 34239 Carroll L Mc Nutt Geneva M Mc Null 3325 South Wolf Road Columbia City, IN 46725-8024 Carthel E Ridgel Betty Tudor 2113 West Adair Drive Knoxville, TN 37918-1634 Carthel E Ridgel Charles W Ridgel 2113 West Adair Drive Knoxville, TN 37918-1634 Cary D Miller or Dorothy Miller 15329 Kentfield Street Detroit, MI 46223-1748 Cassandra M Douglas or Rex Douglas 2516 East Cross Street Anderson, IN 46012 Catarina Perez Scrivner or Merle Scrivner P. 0. Box 396 Troutdale, OR 97060-9313 Cathetene E Wright Alecia Wright Dupree 281 Willis Mill Road Southwes Atlanta, GA 30311-1727 Catherine Earl or George Earl 204 Southwest 3rd Terrace Lee's Summit, MO 64063 Catherine L Myton Unitrust C/O Church Extension P0 Box 2069 Anderson, IN 46018-2069 Cathy Philo 6491 Burt Road Waldron, MI 49288-9763 Catlett First Church of God Juanita Cooper, Treasurer 122 Round Pond Road Lafayette, GA 30728-6200 COP District of The CHOG lrAttn: John R Stein 7940 Roxbury Drive Glen Bumie, MD 21061 Cecelia Racchini Road 3 Box 258 Brookville, PA 15825 Cecil 0 Scherer Ernesteen B Scherer 4225 Mellen Drive Anderson, IN 46013-5050 Cecil WWatson 10634 Sunset Point Lane Fishers, IN 46038-7802 Celebration Church of God I 6 North 181 Co Farm Road Bartlett, IL 60103 Central Community CHUG 6100 West Maple Wichita, KS 67209-2129 Central Park Church of God James Leonard Parker-Treasi P 0 Box 230040 Houston, TX 77223-0040 Charlene E Martin or ElmerW Martin 712 East Longfellow Spokane, WA 99207-3119 Charlene E Stanton 10435 East Adobe Apache Junction, AZ 85220 Charlene Medley or Lavon Medley Route 1 Box 173-B Newton, TX 75966 Charles A Absher Chollie B Absher 5935 Absher Road Big Stone Gap, VA 24219 Charles A Absher Jr Chollie B Absher Charles A Absher Ill 5935 Absher Road Big Stone Gap, VA 24219 Charles A Absher Jr Chollie B Absher Gregory Absher 5935 Absher Road Big Stone Gap, VA 24219 Charles A Allen or Janice L Parker 1232 Sugar Pine Drive Anderson, IN 46012-5502 Charles A Bryant or Millie J Bryant 232 Dutton Avenue Laurel, MS 39440 Charles A Cross Carmen W Cross 576 112 Placer Street Grand Junction, CO 81504-4859 Charles Absher, ,Jr Chollie B Absher 5935 Absher Road Big Stone Gap, VA 24219 Charles and Berneda Hamilton Trust 14814 South East Rhone Portland, OR 97236 Charles Bartels or Lois Bartels 1875 Salem Church Road Humboldt, TN 38343 Charles Dean Hamilton or David R Hamilton 14814 South East Rhone Portland, OR 97236 Charles E Bagwell 123 North West 8th Street Pendleton, OR 97801 Charles E Bagwell Ethel M Bagwell 123 North West 8th Street Pendleton, OR 97801 Charles E Bagwell or Ethel May Bagwell or Barbara Ellen Cleveland or Benton Leon Bagwell 123 North West 8th Street Pendleton, OR 97801 Charles E Keefer 266 Canterh ill Lane Moncks Corner, SC 29461-7826 Charles E Ritter Jean F Rider 2700 Chris Court Fort Washington, MD 20744-2403 Charles 0 Justice or Mary A Justice 815 North Benjamin Street Rushville, IN 46173-1421 Charles H Alford or Aloma Alford In Trust for Holly King 430 Meadowlark Lane Palm Harbor, FL 34883 Charles H Anderson Barbara L Anderson 1646 South Winona Court Denver, Co 80219-4441 Charles J Long 9161 Third Street, #1 Berrien Springs Ml 49103-1667 Charles J Long or Rosine L Long 9161 Third Street, #1 Berrien Springs, Ml 49103-1667 Charles Joiner 14686 Old Hammond Highwa: Baton Rouge, LA 70814 Charles L Casey or Claribel R Casey 850 North Lone Pine Springfield, MO 65802 Charles L Starnes Bertha I Starnes 1520 North Pine Street Meridian, MS 39305-3421 Charles Makins 310 Russel Road Hartsville, SC 29550-5803 Charles N Moore or Janie E Moore 2070 Brampton Road Clearwater Beach, FL 33755-1307 Charles 0 Mc Kinney or Alice M McKinney 5561 East Oklahoma Street Tulsa, OK 74115-5332 Charles R Shumate Laretta Shumate 4595 Clifty Drive Anderson, IN 46012-9704 Charles R. Whiteside or Von E Bainter and Katherine J Allen and Ruthemma M White and Alberta V Gardner 4530 E Pleasant Rn Pky. N D B3 Indianapolis, IN 46201 Charles W Myers Pauline M Myers 12833 24th Street Santa Fe, TX 77510 Charles W Scott Malverta Scott 112-1934th Avenue Apt. 50 Corona, NY 11368 Charlotte .1 Sapp or Stacey I Sapp 419 Heatherwood Drive Allen, TX 75002-4951 Chenetta Hagin Siah Bonita Hagin 197 Rhododendron Drive Westhury, NY 11590-1245 Cheri Lee Koscielny 500W Wilson Bridge Road St Worthington, OH 43085-2266 Cherokee Home Mission C/O James Woodward 279 South Butter Street Germantown, OH 45327-8316 Cherrith Wiseman or Ave Lynda Casey or Christy Casey 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Ava Lynda Casey or Clinton Casey 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Ava Lynda Casey or Courtney Casey 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman. orJoel Wiseman or Emiley Wiseman 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Joel Wiseman or Joshua Wiseman 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Joel Wiseman or Katherine Wiseman 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Joel Wiseman or Kelsey Wiseman 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Joel Wiseman or Lindsey Wiseman 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Lenae Day or Daniel Day 1874 Wildcat Dixon, IL 61021-9124 Cherrith Wiseman or Lenae Day or Whitney Day 1874 Wildcat Dixon, IL 61021-9124 Cheryl C Neal Lama N Garner 637 North 38th Street East Saint Louis, IL 62205-2105 Cheryl 0 Huey 4264 South Silver Island Roac Kingman, IN 47952 Cheryl J Mayerik Joseph Mayerik 107 Burns Drive Catlin, IL 61817-9604 Cheryl Turner 2803 Marsha Drive Anderson, IN 46012 Chester F Hawkins Gladys M Hawkins 4960 So Cottage Avenue Independence, MO 64055-5535 Chester Rigsby or Donellda Rigsby Box 278 Ashley, IN 46705 Chester Brown and Edyth Brown, Co-Trustees of the Brown Revocable Living Trust 10735 Abbott Avenue Sun City, AZ 85351-4043 Chew Trust, Edwin V Chew z Wanda A Chew Trustees P. 0. Box 412 Penney Farms, FL 32079-0412 Chloe E Melton or Tennessee Revolving Fund, Henry 0 Johnson Memorial C/O Donna Blankenship 3108 Knobview Drive Nashville, TN 37214 Christella I Taylor Clifford A Taylor 1933 College Drive Mount Carmel, IL 62863 Christine Flores Felix C Hones 4738 South Loop 1604 West Von Ormy, TX 78073-4400 Christine Hambach or Hermann Hambach 9002 First Street Lanham, MD 20706-2834 Christine L Hoppes Cheryl E Hoppes 6220 North 100 West Alexandria, IN 46001 Christopher L Pine Belinda S Pine 316 Pearl Street Chesterfield, IN 46017 Christopher Lee Hutton Edra J Hutton 4315 Westminster Drive Anderson, IN 46013-4464 Church Extension Pooled Trust Fund II P0 Box 2069 Anderson, IN 46018-2069 Church Extension of the Cl-If 1812 Anderson University Blv, P 0 Box 2069 Anderson, IN 46018 Church Extension of the Chu of God, Missouri Ministries 1812 Anderson University BIvc P 0 Box 2069 Anderson, IN 46018 Church Extension Pooled Fu Inter Office Anderson, IN 46012 Church Extension Roundtabl P 0 Box 2059 Anderson, IN 46018-2069 Church Extension/Vein Picki p o Box 2069 Anderson, IN 46018-2069 Church of God Avis Cannon - Treasurer R R #2 Box 121 Urich, MO 64788 Church of God 301 Turner Street Monroe, NC 28110-3741 Church of God At Gambrills Joylnn K Teague, Treasurer 952 Annapolis Road Gambrills, MD 21054-1031 Church of God At Rainier Diane Newkirk-Treasurer 321 W'C' Street P. 0. Box 84 Rainier, OR 97048 Church of God Colorado Conference. Peter Janey Funi P 0 Box 26179 Colorado Spring, CO 80936-6179 Church of God Colorado Conference, Sabbatical Fund P0 Box 26179 Colorado Spring, CO 80936-6179 Church of God Fellowship J Darlene Thomas 19 Braty Lane Nye, MT 59061-9705 Church of God Ministries Attn: Paula Wensel p o Box 2420 Anderson, IN 46018-2420 Church of God of Detroit Cora Lee Gray-Treasurer 12000 Schaefer Highway Detroit, MI 48227 Church of God Retirement Communities, Inc 4400 Vannest Avenue Middletown, OH 45042 Church of God Retirement Inter-Office Mail Anderson, IN 46012 Church of God-Watseka IL Jane Sisco-Treasurer 603 West Pleasant Street Watseka, IL 60970 Churchmen C/O Church Extension 1812 University Boulevard Anderson, IN 46012-3101 Cindy L Finley 3721 Boathouse Drive Hilliard, OH 43026-2602 Cindy Rogers 748 Jefferson Drive Lake Charles, LA 70605-6626 Clair W Fiscus as Trustee of The Clair W Fiscus Revocabk Trust Dated 8/6/98 C/O Robert Fiscus 2017 Winton Avenue Speedway, IN 46224 Clair W Shultz and Retha M Shultz Trust, Dated October 24, 1991 714A College Drive Anderson, IN 46012-3400 Clara L Garmon 7813 North West 56th Way Gainesville, FL 32653 Clara L Smith 601 Pine Montrose, IA 52639-9791 Clara L Smith or Richard F Smith and Jon Lorton Smith a Michael T Smith and Sue Eller Hammel 602 Ravens Lake Drive Anderson, IN 46012-5125 Clara M Lairmore Norma J Williams Route I Box 1760 Wheatland, MO 65779-9707 Clara M Lairrnore Route 1 Box 1760 Wheatland, MO 65779-9707 Clara M Van 54 Pageant Street Bennington, VT 05201 Clara Mitchell Trust C/O Wendy Fridley PC Box 2069 Anderson, IN 46018-2069 Clarence A Stapleton or Eleanor L Stapleton 1112 Mix Avenue Decatur, IN 46733-1024 Clarence Evitts Katherine D Evitts 4032 East Washington Road.., Ithaca, Ml 48847 Clarence L Darnell Dorothy 0 Darnell 319 Karen Street Charleston, WV 25303-1816 Clarence Richard Stockwell Joyce M Stockwell 52 Park Street Oxford, MA 01540-2325 Claribel R Casey or Charles L Casey 850 North Lone Pine Springfield, MO 65802 Clarice R Rose 4606 Willow Cove Geneva, NY 14456-9243 Clarksville First Church of G Chester Hughes-Treasurer 590 Magnolia Drive Clarksville, TN 37042 Cleberne Eldridge or Shirley Eldridge 1595 So Tennyson Denver, CO 80219 Cleda M Flener James Eric Flener 1514 Hedden Road Versailles, KY 40383-9748 Cleo F Blanchard P. 0. Box 1004 Plains, MT 59859 Cleo G Larimore or Conrad F Larimore and Richard P Larimore and David E Larimore 6219 Route Aa Box 241 Russellville, MO 65074-9520 Cleo W Young or Judy M Burch and Loretta Black 7472 Blue Creek South Drive Indianapolis, IN 46256 Cleta L Galaher Gehl E Wright 11 Coventry Drive Anderson, IN 46012 Cleveland Family Revocable Living Trust 814 1st Avenue North Texas City, TX 77590 Clifford C Hyatt and Louise C Hyatt Revocable Trust Dated 1018191 2313 Coryell Street League City, TX 77573-2765 Clifford ID Keely Trannie E Keely 455 Hill Lane Ozark, IL 62972-1314 Clifford L. Ross and Verle Ross Declaration of Trust P. 0. Box 248 Interlachen, FL 32148 Clifford Landis Dixie D Landis 1963 Northwest Indiana Street Decatur, IN 46733-8761 Clifford Taylor Christella I Taylor 1933 College Drive Mount Carmel, IL 62863 Clifton C Shride I Leona Shricle Mignon Shride Soto 792 Royal Avenue Piggott, AR 72454-1627 Clifton C Shride I Leone Shride Mitzi Shride Manning 792 Royal Avenue Piggott, AR 72454-1627 Clifton E Harrison 1910 Willow Spring Road Baltimore, MD 21222-2938 Clifton R Richardson Dalonna K Richardson 223 West Beech Lane Alexandria, IN 46001-8386 Clinton Springs Church of Gc Eddie Williams Jr - Treasurer 757 Clinton Springs Cincinnati, OH 45229-1331 Clora D Doom 501 California Court Paducah, KY 42001-4114 Clyde A Spalding 9002 Markstleld Road #1 Louisville, KY 40222-5254 Clyde £ Coin or Marilyn Coin 513 Northwest Gavin Drive Dallas, OR 97338-1198 Clyde E Hunter or Leota G Hunter or Eston W Hunter 31 Genesis Pointe Lake Wales, FL 33853 Clyde H Sain Kay F Sain 321-14th Street Southwest Hickory, NC 28502 Clyde L Mc Kinley Ruby I Mc Kinley 2908 Illinois Colorado Springs, CO 80907 Clyde Poe or Marian Poe Post Office Box 393 Eaton, IN 47338 Clyde Van Hoose or Freda Van Hoose 1911 South Benjamin Lane Muncie, IN 47302-8437 Community Chapel Church c Lloyd Trisler Jr. Treasurer 100 Oakland Drive Natchez, MS 39120-2221 Community Church of God Christy Taylor, Treasurer 1215 West Vienna Road Clio, Ml 48420-2123 Community Church of God Pam Hoff-Treasurer P 0 Box 25 Bowdon, ND 58418-0426 Community Church of God P 0 Box 5062 Hillside, NJ 07205-5062 Community Church of God 850 Cascade Avenue Southw Atlanta, GA 30311-2619 Connie L Myers Living Trust 2881 West M-21 Saint Johns, Ml 48879-9502 Connie Snyder John A Snyder Route 1 Box 580 Ripley, OK 74062-9709 Connie Snyder Justin R Snyder John A Snyder Route 1 Box 580 Ripley, OK 74062-9709 Connie Snyder Justin R Snyder Route 1 Box 580 Ripley, 01< 74062-9709 Constance B Woods 7713 Bock Road Fort Washington, MD 20744-3340 Constance Ferguson or William Ferguson 10559 South Prairie Avenue Chicago, IL 60628 Consuella A Lovelace or Marshall Lovelace 6100 Plat Place Centreville, IL 62203-1536 Consuella A Lovelace or Regina Brown 6100 Plat Place Centreville, IL 62203-1536 Core J Ashmore 350 North 190th Street #3048 Shoreline, WA 98133-3856 Cornelia Lewis 140-16 Latham Lane Jamaica, NY 11434-4428 Cornelia Lewis Richard Lewis 140-16 Latham Lane Jamaica, NY 11434-4428 Cove Ricketts Alvara or Eliana Ricketts APDO 1004 Margarita Casa #8005 Cristobal Colon PANAMA Craig R Isenhart Kara C Isenhart 7505 Colonial Drive Extension Niagara Falls, NY 14305 Cranston D Smith and Doris R Smith Revocable Living Trust .. 15537 North IL Highway 37 Mount Vernon, IL 62864-7862 Crossings Community Churc P. 0. Box 953544 Lake Mary, FL 32795-3544 Crossroads Church of God, I Earlean Adams - Treasurer 218 Virgin Mary Road Canton, MS 39046 Crystal Kennedy and Carole Kennedy 34531 Edgar Kennedy Road Pearl River, LA 70452-2829 Crystal L Morey Glenn 0 Morey 1310 Parkway Drive Anderson, IN 46012 Crystal M Bonne or Crystal Vi Bonne 8885 North 300 West Carthage, IN 46115 Currin 0 Germany or Arthur Donald Germany 106 North Decatur Street Union, MS 39355 Curtis Jackson or Anna M Jackson 7669 North Lydy Road Bloomington, IN 47406 Curtis L Hunter or Alta V Hunter 509 Kimberly Saint Peters, MO 63376 Curtis M Sanders Jr Joyce Ann Sanders 2320 Barefoot Trace Atlantic Beach, FL 32233-660: Curtis Vieselmeyer 8400 Brynwood Drive Boise, ID 83704 Cynthia A Miller 2902 Jackson Ogden, UT 84403 Cynthia B Dean 4820 Village Square Acworth, GA 30102 Cynthia Kumpel and Thomas D Kumpel 901 San Jose Drive Glendora, NJ 08029-1511 Cynthia R Freeman 5392 Knightwood Drive Klamath Falls, OR 97603-8527 0 David Ryner Ramona Ryner 3527 Ridgernont Road Orlando, FL 32808 D Genevieve Lemon Cheryl Lemon Hanna 11070 Hieber Road Manchester, Ml 48158-9715 0 Maxine McCandless or Frank H Mc Candless 1952 East CO Road 375 Soutl Winslow, IN 47598-8598 Dale D SteLlar Peggy M SteLlar 1315 Glenford Lane Lakeland, FL 33813 Dale Haupert Elaine Haupert 209 West Van Buren Columbia City, IN 46725-2037 Dale L Ely or Aitha A Ely 1630 Patterson Road Grand Junction, CO 81506 Dale L Nye or Dorothy J Nye Nancy Lynn Spasic in Trust fc Robert Allen Spasic 3941 South Scatterfield Road Anderson, IN 46013 Dale L Nye or Dorothy J Nye Nancy Lynn Spasic in Trust fc Ryan Michael Spasic 3941 South Scatterfield Road Anderson, IN 46013 Dale I Nye or Dorothy J Nye Nancy Spasic or Jeffrey D Nyi 3941 South Scattertield Road Anderson, IN 46013 Dale Lechlitner or Rachel Lechlitner 6250 West 800 South Pendleton, IN 46064 Dale Nye or Dorothy Nye 3941 South Scatterfield Road Anderson, IN 46013 Dale R Scheffler and Genevi Scheffler TTES ti/F DID 9/28 630 Carr Street Wentzville, MO 63385-1126 Dale Thomas Bagwell or Phyllis Elizabeth Bagwell 12584 North Lakeview Drive Mooresville, IN 46158-9449 Dan D Stubblefield Karen E Stubblefield 6720 Happy Acres Road Rockford, IL 61101-7919 Dan Kilmer or Ellen A Kilmer 311 Southwest 6th Avenue Milton-Freewater, OR 97862-1409 Dana L Sneed 3615 Norris Road Kilgore, TX 75662-8623 Daniel E Van Norman 3043 Nelson Street Fort Myers, FL 33901-7015 Daniel Hochstetler June Hochstetler 1018 William Drive Goshen, IN 46526-1242 Daniel James Hunt Kimber Ann Hunt 4606 Onyx Avenue Klamath Falls, OR 97603 Daniel L Weisbrod Stanley W Weisbrod 3409 Bush Stillwater Road Jamestown, NY 14701-9549 Daniel Morris or Ruth A Morris 3403A Highway 17W Kankakee, IL 60901 Daniel Ryan Fawbush or Beth A Fawbush 5965 Absher Road Big Stone Gap, VA 24219 Daniel Ryan Fawbush or Beth A Fawbush or David Fawbush 5965 Absher Road Big Stone Gap, VA 24219 Daniel Ryan Fawbush or David Fawbush 5965 Absher Road Big Stone Gap, VA 24219 Daniel Shockley Paige Shockley 4009 South Albright Road Kokomo, IN 46902-4469 Danielle Koopsen or Elizabeth Koopsen 7584 Garden Lane Kalamazoo, Ml 49002-4469 Danielle Wangler or Aretha Wangler 423 South Maple Centralia, IL 62801 Danny Eastman or Bobby D Eastman 22311 West Lower Buckeye R Buckeye, AZ 85326 Danny J Campbell 285 Crawford Drive Churchville, VA 24421-2639 Danny J Campbell Patricia M Campbell 285 Crawford Drive Churchville, VA 24421-2639 Darlene A Jeffries or Dale L Nye 2500 Walnut P 0 Box 543 Cairo, IL 62914 Darrel 0 Adams or Elizabeth Adams 124 33rd Avenue Northwest Hickory, NC 28601-1064 Darrel 0 Adams or Elizabeth Adams or Pamela J Rockwell 124 33rd Avenue Northwest Hickory, NC 28601-1064 Darwin L Reed 4020 Oaks Road Paducah, KY 42003-9561 David A Bartels 2836 Sheriff Way Winter Park, FL 32792-4335 David A Bartels May F Bartels 2836 Sheriff Way Winter Park, FL 32792-4335 David A Stafford or Benjamin D Stafford 1003 Ashwood Drive Auburn, IN 46706-3274 David Blaskowsky 128 Spruce Street West Gackle, ND 58442-7144 David Blaskowsky or Twyla M Solly and Mary A Conrad 128 Spruce Street West Gackle, ND 58442-7144 David C Long or Earline Long 313 North 81h De Sate, MO 63020 David 0 Maiiison Marybelle Mallison 1335 Bell Avenue Lakeland, FL 33805-3977 David E Miller 3810 Woodbridge Drive Kingwood, TX 77339 David E Monath Ruth E Monath 1304 Wiley Oak Drive Jarretteville, MD 21084-1954 David E Ullom 322 South Perry Ponca City, OK 74601 David H Fortune 1804 North Cross Lakes Circit Apt D Anderson, IN 46012-4910 David H Stamm 8323 Southwest 144 Street Miami, FL 33158 David Irvin Parker and Goldie Pearl Parker Joint Trust Agreement 1226 North Canton Avenue Liberal, KS 67901-2331 David Jarrell and Valerie B Jarrell 908 Main Street Sexton, PA 16678-1120 David L Ball Helen J Ball I-iC 84 Box 300A Parkers Lake, KY 42634-9725 David L Peterson Barbara A Peterson 18964 West Campbell Lp Baker City, OR 97814 David L Van Norman Jeremy S Van Norman 24 West Ashby Road Midland, Ml 48640-9162 David P Arn,ey or Sharon L Armey 1628 Kerry Court South Bend, IN 46614 David R Renz Rebecca A Reriz Velma R Renz Russell R Renz 3712 Brighton Lane Anderson, IN 46012-9686 David Warren Kirby Deborah Ann Kirby 314 Elm Street Nacogdoches, TX 75965 Dawn A Douma 64463 County Road 33 Goshen, IN 46528 Dayton Huber Heights Chog Raejean Gindleberger-Treasu 6900 Brandt Pike Huber Heights, OH 45424 Dean Family Revocable Tru 19 Fort Clinch Heights Road Frostproof, FL 33843-9428 Deborah Ann Kirby or David W Kirby 314 Elm Street Nacogdoches, TX 75965 Deborah C Perrot Jonathan D Brenner 829 West State Street Albany, IN 47320-1516 Deborah Kays Jouett Faulkner 222 Castle Drive Georgetown, KY 40324 Deborah L Slaton 5135 Fish Hatchery Road Mohawk, TN 37810-4330 Debra Conner and Donald L Conner 22 Swathmore Avenue Gloucester City, NJ 08030 Debra Cordell Mark Cordell 1024 North Central Avenue I-Il Kent, WA 98032 Decatur Church of God Building Fund do Jerry Gerber, Treasurer 827 Line Street Decatur, IN 46733-2132 Decatur Church of God General Fund do Jerry Gerber, Treasurer 827 Line Street Decatur, IN 46733-2132 Delbert C Cottrell or Dorothy J Cottrell 2490 Brandywine Lane Martinsville, IN 46151 Delbert Chapman 2345 Lynwood Street Morris. IL 60450-1012 Delbert L Snyder Marilyn J Snyder 517 Crocus Court Murfreesboro, TN 37129-5901 Delbert Story or Fern Story 3632 North Pittsburgh Avenue Chicago, IL 60634-1954 Delbert WBroadie 6309 Riviera Fort Worth, TX 76180 Delcie M Hargett, Trustee U/T/D Dated 10/31/91 1307 East 7th Street Anderson, IN 46012-3418 Della B Mattox or Stan R Mattox 318 Scott Avenue Paris, KY 40361 Delma Engel Trust 9205 Yarrow Street #A Arvada, CO 800214597 Delores M Bragg or Roberta A Gates 5211 Prestwick Square Marion, IN 46953 Deltena Cray 507 Clinton Place Newark, NJ 07112 Deltona Community Church of God 3045 Mallard Drive Deltona, FL 32738 Denise Hanson or Clifford Hanson Rd. #2 Charleston-Greenfield I Sharon, PA 16146 Dennis A Depuy or Marilyn R Depuy or Carolyn R Collins 4325 Avalon Place Klamath Falls, OR 97603-7893 Dennis A Depuy or Marilyn R Depuy or Denice D Abel 4325 Avalon Place Klamath Falls, OR 97603-7893 Dennis R Mitchell and Ella Mae Mitchell, Trustees U/A Dated 10/30/95 500 Chickasaw Drive West Monroe, LA 71291-2210 Dennis Tyler or Patricia Tyler 2416 Yorktown Road Colorado Springs, CO 80907-6551 Dennis VTyler or Patricia LTyler and Justin Tyler 2416 Yorktown Road Colorado Springs, CO 80907-6551 Dennis V Tyler or Patricia L Tyler and Kristin Hammond and Tyler B Hammond 2416 Yorktown Road Colorado Springs, CO 80907-6551 Denver Area Minister's FeIloi Gary Glatthar-Treasurer 5705 West Loulsianna Avenue Lakewood, CO 80232 Denver J Shaffer, Trustee or Idell F Shaffer, Trustee, Dated 8/14192 P 0 Box 924 Congress, AZ 85332-0924 Denyse R Thorpe or H Allen Thorpe 6203 Flynn Road Indianapolis, IN 46241-9518 Derek Slack or Rebecca L Slack 8036 East Fremont Avenue Englewood, CO 80112-1825 Derrick C Filkins or Alta Mae Fllkins 2628 Alameda Springfield, MO 65804 Devon Alexis 12305 North Taliaferro Averw' Tampa, FL 33612-5355 Devon W Helbling 1419 South East 107th Avenu Apt 410 Portland, OR 97216-3156 Devon W Helbling Irene E Helbling 1419 South East 107th Avenut Apt 410 Portland, OR 97216-3156 Dewayne Mabry Ruth Ann Mabry 12284 Highway 72 Millersville, MO 63766 Dewayne Steiner Betty Steiner 7347 North 100 East Decatur, IN 46733 Diane Majors or Marilyn E Buchanan 1825 Summit Street Bellingham, WA 98226 Dianne L Ball John I Ball 310 North 20th Street Coeur D'alene, ID 83814-5405 Dilinco Inc % Ralph Phile 213 Nursery Road Anderson, IN 46012 Dollie L Sheppard Bobby Sheppard 1109 North 45th Street Waco, TX 76710-4949 Dolly ID Conner Beth S Geller 16 Champion Road Gloucester City, NJ 08030-1549 Dolores A Scott or Charlene Lowe 1077 East 59th Street Brooklyn, NY 11234-2505 Dolores A Scott or Lisa M Nurse 1077 East 59th Street Brooklyn, NY 11234-2505 Dolores G Martin 228 46th Street Union City, NJ 07087-6314 Dolores J Rush 13204 Grandview Road Grandview, MO 64030 Dolores Ulrich 2215 Baugh Muskogee, OK 74403 Don C Terry or Timothy S Terry or Gina Terry Rr#1 Box 399 Mitchell, IN 47446 Don Edwin Hollingsworth or Audrey Rae Hollingsworth 22304 95th Place West Edmonds, WA 98020 Don F Pedigo or June C Pedigo 710 North Worth Street Sullivan, IL 61951 I

Don Farmer Karen Griffin 3093 North Mechanicsburg Ro Shirley, IN 47384-9654 Donald C Wolf or Phyllis Wolf 1290 North State Road 9 Lagrange, IN 46761 Donald 0 Clark Legertha M Clerk 303 Partridge Circle Summerville, Sc 29485-5118 Donald E Howard Trust 8902 North 130th East Avenu Owasso, OK 74055-4749 Donald E Mink or D Ewing Mink HC 33 Box 1-B Alliance, NE 69301 Donald E Mink or Patricia I Mink HC 33 Box 1-8 Alliance, NE 69301 Donald Ernest Lafont or Carol Joyce Lafont 4830 Southeast 86th Court Portland, OR 97266 Donald J Hesse Margie A Hesse 46 Ridge Lane Drive Decatur, IL 62521-5424 Donald J Moyer or Nancy I Moyer 5011 East D Street Tacoma, WA 98404 Donald K Boyd Barbara J Boyd 4186 CO Road 35 Auburn, IN 46706 Donald Knuckles or Joseph Knuckles 115 No 5th Street Desoto, MC 63020 Donald Knuckles or Michael Knuckles 115 No 5th Street Desoto, MO 63020 Donald L Drayton Carole E Drayton 4455 Blackmer Road Ravenna, Ml 49451-9447 Donald L Nielsen Mae Nielsen 535 White Birch Lane Kalispell, MT 59901-6661 Donald L Rice Ellen June Rice 4822 Selkirk Drive South Bend, IN 46614 Donald Mitten Sharon S Mitten 5155 Whip Trail Colorado Springs, CO 80917 Donald 0 Barebo Cora E Barebo 1660 East 900 South 430 Clearfield, UT 84015 Donald 0 Davis 4565 Chestnut Ridge Road Grantsville, MD 21536 Donald R Morey Leona S Morey 4931 33rd Road North Arlington, VA 22207-2803 Donald Ray Greer or Linda Greer 8536 Talton Street Houston, TX 77028 Donald Snyder Flossie Snyder 107 North 11th Avenue Marshalltown, IA 50158 Donald Thorsen 1605 Grand Avenue #0 Glenwood Springs, CO 81601-3849 Donna J Carroll Peter J Carroll Iii 1309 Main Street South Roxana, IL 62087-1833 Donna K Barnes Lester Barnes 95 Vera Drive Madisonville, KY 42431-5840 Donna L Bolick Boyd B Bolick 214 Balsam Drive Orlando, FL 32807 Donna M Palmer or Kenneth B Palmer 141 Hindman Road Butler, PA 16001-2416 Doris E Mc Curdy 452 Grant Street Dunedin, FL 34698-4950 Doris E Mc Curdy Jonathan Mc Curdy 452 Grant Street Dunedin, FL 346984950 Doris E Smith Kristen Smith Deena Smith 3225 West 67th Street Anderson, IN 46011-9409 Doris F Bean or Nancy C Halderman 922 North Elizabeth Sapulpa, OK 74066-2410 Doris H Sanders Cheryl J Sanders 7032 Alaska Avenue Northwes Washington, DC 20012 Doris M Contejean 1265 Mc Laran Saint Louis, MO 63147-1699 Doris Mc Curdy Karen Ford 452 Grant Street Dunedin, FL 34698-4950 Dorotha J Stone or Henry D Stone 2221 South West 42nd Oklahoma City, OK 73119-3520 Dorothy A Black Revocable Living Trust Dated 34446 2727 Crown Pointe Circle Apt 111 Anderson, IN 46012-3263 Dorothy Belcher or Evelyn T Weedy 3605 West Bethany H Road Al Phoenix, AZ 85019 Dorothy C White, Trustee UI 33603 1001 Starkey Road Lot 595 Largo, FL 33771 Dorothy E Smith 104 Lafayette Lane East Peoria, IL 61611-1844 Dorothy H Sharp James E Sharp 8704 Trapper Lane Knoxville, TN 379314258 Dorothy I Reynolds or Dennis A Lustick and Kelvin E Lustick 1912 Brown Road Overland, MO 63114 Dorothy J Kadel, Trustee, UTD November 3, 1999 795 Shrine Road Springfield, OH 45504 Dorothy J Nye or Dale L Nye 3941 Scatterfield Anderson, IN 46013 Dorothy J Ridgway or Cecilia Dyer 3001 East Grand Avenue Hot Springs, AR 71901 Dorothy L Bullins or Paul Bullins 907 North Walker Street Princeton, WV 24740 Dorothy M Dodd Living Trust 2727 Crown Pointe Cir. Apt 2. Anderson, IN 46012-3278 Dorothy M Jackson 425 Jefferson Street NortheaE Washington, DC 20011 Dorothy M Vanderslice 2519 Lakeview Southwest Albuquerque, NM 87105-5313 Dorothy M Vanderslice Michael R Vanderslice 2519 Lakeview Southwest Albuquerque, NM 87105-5313 Dorothy Miller Leburn I Miller 2307 East 3rd Street Anderson, IN 46012-3252 Dorothy Moss Rita B Moss 9200 Northwest 13 Court Miami, FL 33147 Dorothy P Robinson 4548 West Outer Drive Detroit, Ml 48235 Dorothy R Bennett Living Tn. 113 Nobles Terrace Palatka, FL 32177-7779 Dorothy Simmons 111-19 133rd Street South Ozone Park, NY 11420-1714 Dorothy Smith 24 Joanna Drive Lake Placid, FL 33852-6511 Dorothy Urton Candice Farmer Ann Schwab 1001 Crescent Drive New Castle, IN 47362-1633 Dorothy Urton or Patrick Farmer and Jennifer Farmer 1001 Crescent Drive New Castle, IN 47362-1633 Dorothy V Shroutor David I Shrout or Karen Callison or Martin A Shrout 1545 Southeast 223 Avenue f Gresham, OR 97030-2554 Douglas Conner Anne Conner 709 High Street Anderson, IN 46012 Douglas D Bowser Frances A Bowser 7416 East 500 North North Webster, IN 46555-9391 Douglas N Crosby Opal L Crosby 5655 Avie Lane Beaumont, TX 77708-2807 Douglas WAden Ivy Rabe 4668 East Country Cove Drive Syracuse, IN 46567-9157 Doyle Pass or Jo Ann Pass P. 0. Box 863 Lutz, FL 33549 Dr. and Mrs. Mark Noffsingei 7071 Eagle Heights Drive Mattawano, MI 49002 Drennon P Stepp and Sallie J Stepp 994 Fair Oaks Arroyo Grande, CA 93420 Duane R Shaw and Colleen J Shaw Trust 9702 South Gribble Road Canby, OR 97013-9363 Dutcie B Hardin Ellen June Rice 229 East Donmoyer Avenue South Bend, IN 46614-1863 Dwight Grubbs or Sylvia K Grubbs 1401 East 10th Street Anderson, IN 46012 E Arlene Mauch 3129 Glenview Drive Anderson, IN 46012-9100 E Earl Carver or Freda D Carver 6858 Sproul Lane Colorado Springs, CO 80918 F Maxine Curtis or Carroll A Curtis 2724 Lynn hurst Street Sarasota, FL 34239 E Oneta Parton Marilyn Johnson 890 Rock Creek Road Apt. 81 Erwin, TN 37650-8883 E Renee Gerlach or Walter Gerlach Jr and Kathleen M Sutton and Gladys R Colvig 3815 West Saquaro Park LanE Glendale, AZ 85310 Earl D Dohse or Etta L Dohse HC 91 Box 1 1-D Gordon, NE 69343-9806 Earl E Wright or Winona Wright 126 North Central Drive College MI-IP Lake Wales, FL 33859 Earl L Van Sipe Charlotte M Van Sipe 1484 Kemper Avenue Holt, Ml 48842-9512 Earl S Smith Pamela K Smith 201 Chestnut Street Flushing, Ml 48433-1705 Earl T Wheatley Sr Alcy Wheatley 10162 Mc Craw Road Meridian, MS 39307-9734 Earl W Osnes as Trustee un the Earl W Osnes Revocable Trust Agreement Dated 8128/9 2010 East 5th Street Anderson, IN 46012-3527 East Atlanta Church of God Attn: Rev West Albert Miller 2697 Tilson Road Decatur, GA 30032-5605 East Chicago Church of God C/O Dewayn Repass 531 South Guilford Carmel, IN 46032-1508 East Texas District Chog Dale Waring, Treasurer P 0 Box 632931 Nacogdoches, TX 75963-2931 East Tulsa Church of God Scholarship Savings 6212 East Pine Tulsa, OK 74115 Eastern New York Ministeria Assembly of the Church of Cc 14-25 Beach Channel Drive Far Rockaway, NY 11691-3150 Eastern NY General Assemt 14-25 Beach Channel Drive Far Rockaway, NY 11691-3150 Eathel E Poe 622 Northwest Shamrock Circ Apt I Lees Summitt, MO 64081-1167 Eddie L Downey and Wanda Downey Revocable Trust 1301 Polk City Road Lot 161 Haines City, FL 33844-3259 Edelle Darby or Lorrin A Darby Jr 2422 8th Avenue North Great Falls, MT 59401-1926 Edgemont Church of God 762 North 71st Street East Saint Louis, IL 62203 Edith A Gardner 423 Date Avenue Benton Harbor, Ml 49022 Edith C Spence Revocable Inter Vivos Trust Agreement 1730 Northeast 6th Street Cape Coral, FL 33909-2221 Edith G Walls or James E Walls 2039 Beaverbrook Court Aiken, SC 29803 Edith J Quarman, Trustee Wilbur J Qualman and Edith JQualman Revocable Joint Trw Agreement of 11120/86 952 Hughes Flint, MI 48503 Edith K Theis 2580 Baty Road Elida, OK 45807-1509 Edith M Crippen Julia Ferrell Sand Point 1800 Harrison Street #612 Titusville, FL 32780-2617 Edith Morie Fink Cindy Campbell P 0 Box 741 Princeton, WV 24740 Edith V Cline or Roy W Cline C/O Roy Cline P 0 Box 44707 Middletown, OH 45044-0707 Edmund C Bergler or Deidre K Bergler 16400 Southeast Sager Road Portland, OR 97236-5512 Edmund Govan Mary Govan 2730 East 2nd Anderson, IN 46012-3257 Edna Jane Knowles or Kenneth R Knowles P. 0. Box 55 406 North Main Street Summerfield, IL 62289-0055 Edna L Smith Rudolph Smith 1609 Ezra Church Drive NW Atlanta, GA 30314-2138 Edna Lee Bird 4270-B Lewis Avenue Penney Farms, FL 32079 Edna Lee Bird Frederick E Bird 4270-B Lewis Avenue Penney Farms, FL 32079 Edna M Bressler John H Bressler 12301 Plantation Drive Spotsylvania, VA 22553-8433 Edna Moore 2534 North 29th Street Phoenix, AZ 85008 Edna R Visger or Lawrence L Visger 110 Montgomery Drive Libby, MT 59923 Edna Sue Smith or Mae B King 15602 Cameo Drive North Sun City, AZ 85351-2022 Edra J Hutton Revocable Tn. 2065 Sunset Drive Bradenton, FL 34207-8534 Edward C Calhoun and Agnes A Calhoun 15 Hickory Lane Northwest Cartersville, GA 30121-4443 Edward D Smith or Shirley Smith 829 South Street Mount Morris, MI 48458-2028 Edward Gentry or Evelyn M Gentry 3400 Cornwall Drive Lexington, KY 40503 Edward J Cape Helen M Cape 1500 Jerstad Way Kissimmee, FL 34746-7266 Edward James Noble Nita L Noble 5594 Ramble Way Prescott Valley, AZ 86314 Edward L Smith Dorothy K Smith P 0 Box 1918 Dublin, VA 24084 Edward P Williams Dora Mae Williams 2214 10th Street #1 Brookings, SD 57006 Edward Richards Lois Richards 181 Manley Court San Jose, CA 95139-1432 Edwin E Sutherland and/orFeatherston Sutherland, Trustees of the Sutherland Revocable Family Trust Post Office Box 126 Doniphan, MO 63935 Edwin L Miller or Ethel C Miller or Donna Faye Shown 2622 No 41St Avenue Apt 4 Phoenix, AZ 85009-1161 Edwin R Beasley Norma L Beasley 217 Freedom Trail East Peoria, IL 61611 Edwin S Pate or Melissa Pate 200 Endoline Drive Leesburg, GA 31763-5402 Edwin W Blake and Mythella J Blake Irrevocable Living Trust 235 - 108th Street Orofino, ID 83544 Effie Laney Endowment Funi CIO Church Extension P 0 Box 2069 Anderson, IN 46018-2069 Eileen Daugherty Revocable Living Trust Agreement Dated October 5, 1999 515 Park Avenue Anderson, IN 46012-3335 Eileen Hardesty Jacalynn B Hardesty 507 Chester Danville, IL 61832-1548 Eileen Hardesty Lincoln ID Jones 507 Chester Danville, IL 61832-1548 Eileen Hardesty Sarah E Rortveclt 507 Chester Danville, IL 61832-1548 Eileen Sheets 457 West Van Buren Nappanee, IN 46550 Elaine Crider or Carolyn Kelley 1457 West 5th West Plains, MO 65775 Elda Montgomery or Larry ID Montgomery and Marlene Hamilton 2335 Crystal Street Anderson, IN 46012-1725 Elden K Tippin Abbie E Tippin 113 Genesis Pointe Lake Wales, FL 33853-0900 Eldon Williams Virginia Williams 2320 Northwest 8th Street Blue Springs, MO 64015-1597 Eleanor J Stamm 1437 Lane Avenue Galesburg, IL 81401 Eleanor Stamm David H Stamm 1437 Lane Avenue Galesburg, IL 61401 Eleanor J Stamm Helen M Miller 1437 Lane Avenue Galesburg, 1L 61401 Eleanor J Stamm Lisa Renee Stamm 1437 Lane Avenue Galesburg, IL 61401 Eleanor L Grams Trust 1091 Jean Ann Drive Saint Joesph, MI 49085-3242 Eleanor M Haskins Edward Haskins 155 Lynn Drive Battle Creek, MI 49017-1319 Eleanor R Rensberger Cynthia D Bontrager 66375 Prairie View Drive Goshen, IN 46526-6400 Eleanor R Rensberger Sharon K Koble 66375 Prairie View Drive Goshen, IN 46526-6400 Elgan L Harrell Jr or Fernia E Harrell 4000 North Pottenger Avenue Shawnee, OK 74804-1649 Eliza L Wilson Bertha Gunter 10241 South Carpenter Street Chicago, IL 60643-2314 Eliza I Wilson John L Wilson 10241 South Carpenter Street Chicago, IL 60643-2314 Eliza I Wilson Natalie L Harper 10241 South Carpenter Street Chicago, 1L 60643-2314 Elizabeth Brady Shirley Brady 203 Longs Peak Drive Cheyenne, WY 82009-3507 Elizabeth E Jones 9408 Ponder Lane Louisville, KY 40272-3924 Elizabeth J Mc Caizley or John W Mc Cauley 17051 Tremlett Drive Clinton Twp, Ml 48035-2385 Elizabeth Mineart or Bethelene Friday 2141 Stocker Pomona, CA 91767-2428 Elizabeth Mirieart or Judith Harris 2141 Stocker Pomona, CA 91767-2428 Elizabeth Rakes 203 East Andover Avenue Muncie, IN 47303-1204 Elizabeth Rakes or Byron Rakes 203 East Andover Avenue Muncie, IN 47303-1204 Elizabeth S Clark 645 Roy Edwards Lane Mars Hill, NC 28754-8123 Elizabeth W Martin Steven B Martin 409 Griffin Road Piedmont, SC 29673-9314 Elk City Church of God p 0 Box 344 Elk City, OK 73648-0344 Ellen High Trust Westminster Shores 125 56th Avenue South Apt 31 Saint Petersburg, FL 33705-5455 Ellen Joan Haldeman 107 Dove Field Lane Cypress, TX 77433-1232 Ellen Joan Haldeman William F Haldeman 107 Dove Field Lane Cypress, TX 77433-1232 Ellery D Moore or Feddie E Moore 5231 14th Street Port Arthur, TX 77642 Ellis Crawford or Juanita Crawford or Kathy Kessler 10185 Scott Lee Road Silver Point, TN 38582-6011 Ellis Park Church of God 726 L Avenue Northwest Cedar Rapids, IA 52405-2513 Elmer R Green 1111 Care Avenue Nixa, MO 65714-9679 Elmer Schrock or Virginia L Schrock 1207 45th Avenue Drive East Ellenton, FL 34222-2708 Elmo J Gibson Jean L Gibson 4014 Oakhurst Drive Fort Wayne, IN 46815 Elnora Lorena Keith 500 East 10th Street Gordon, NE 69343-1160 Eloise B Kocher or Carol Sue Knapp 4 Linwen Way Baltimore, MD 21236-1536 Eloise I Cirmella or Nanci C Cirmella 13 Boardwalk Land Lexington, SC 29072-9461 Eloise R Morgan Living Trusi Dated January 3, 1996 3548 Park Place Flossmoor, IL 60422 Elouise Upchurch or James 0 Upchurch 749 Renshaw Road Yazoo City, MS 39194-8634 Elroy Weixel or Harriet Weixet c/c First Church of God 609 4th Avenue Northwest Grand Rapids, MN 55744-2821 Elsie K Perdlue 716 Piccadilli Road Anderson, IN 46014 Elsie M Miller or Bryan Miller or Larry D Miller 216 North East Bayview Drive Lee's Summit, MO 64064 Elsie 0 Guthrie 201 End Street Princeton, WV 24740 Elva Mae Ragsdale p 0 Box 233 3495 Hoffman Street Penney Farms, FL 32079 Elva Mae Ragsdale or Eileen 0 Morton P 0 Box 233 3495 Hoffman Street Penney Farms, FL 32079 Elvaura Young 1167 Pagent Avenue Yuma, AZ 85364 Elvin E Lytle 6201 Malibu Drive Raleigh, NC 27603 Elvin E Lytle Thomas K Lytle Denise I Lytle 6201 Malibu Drive Raleigh, NC 27603 Elvin E Lytle Viola L Hall 6201 Malibu Drive Raleigh, NC 27603 Emerson Burns or Carolyn S Bums 1240 West 550 South Anderson, IN 46013-9775 Emery C Williams or Lillie M Williams Trustees or Success Trustees of The Williams Family Trust Dated 915/96 719 West 12th Street Anderson, IN 46016 Emily J Moore or Nancy J Moore 1266 Kepley Road Salisbury, NC 28147-8457 Emily S Friend or Jeffery K Friend 1465 Westchester Lane Mobile, AL 36695-4305 Emma Marie Parker Revocable Living Trust 8119 South 61 Highway Monroe City, IN 47557 Emmet J Coleman Cheryl Strawn 309 Maple Drive Bethalto, IL 62010-2255 Eric W Lundgren 364 Maple Street Caledonia, NY 14423 Eric W Lundgren or Beulah A Lundgren 364 Maple Street Caledonia, NY 14423 Erica Kay Mc Guire or Edgar M Mc Guire 8115 South 81 West Avenue Tulsa, OK 74131 Erica Koopsen or Elizabeth Koopsen 7584 Garden Lane Kalamazoo, MI 49002-4469 Erin Lyn Pearson or Allen W Moore 0676 South Jadden Road Marion, IN 46953 Erma E Watts 1871 TV Road Jackson, MS 39204 Erma L Mouser Jackie A Scott 17015 Southeast Bush Street Portland, OR 97236-1258 Erma M Stairhime or Nancy L Rainwater and Michael V Wright and Frederick J Cart 2406 Spring Street New Castle, IN 47362-3742 Ernest C Graves Louise J Graves 702 Cornell Road Ypsilanti, MI 48197-2003 Ernest 0 Smith or Agnes Smith 408 Dupont Avenue Nitro, W/ 25143 Ernest F Grice Honor G Grice 6981 Fort King Road Zephyrhills, FL 33541-4225 Ernest J Sabo Jr 2330 171st Place Southeast Bothell, WA 98012-6520 Ernesteen Scherer 2618 Chesterfield Place Anderson, IN 46012 Ernie C Callahan or Thelma Callahan 79 Trails End Greenwood, IN 46142 Ervin Boll Jr or Garlene V Bolt 4896 East CR lOON Warsaw, IN 46580 Ervin Mize Betty S Mize 238 Village Drive Mishawaka, IN 46545-3626 Ervin Weaner Helen I Wesner 1019 Vinewood Drive Saint Joseph, MI 49085 Ervin Wesner Trust 1019 Vinewood Drive Saint Joseph, MI 49085 Estate of Ella Mae Ward C/O Lila Gifford 445 Santa Fe Road Tavares, FL 32778-5126 Estella M Keesling Norman E Keesling 6959 West Co Road 725N Middletown, IN 47356 Esther Bresler Alberta Sigman 1463 North 62nd Street Mesa, AZ 85205.4554 Esther E Cantley, Trustee of The Esther E Cantley Revocable Trust, LTD 4121/97 16969 Highway 64 Lebanon, MO 65536-8264 Esther Fetterman James Patrick Fetterman 1609 West 300 North Anderson, IN 46011-9266 Esther L Cook Pirkey 959 Windsor Drive Jefferson City, MO 65109-1843 Esther M Campbell or Julia Smith 1567 Ridge Avenue Apt 206 Evanston, IL 60201-4162 Ethan Goodman Mattie MAdkins 11040 Highway 28 Dixon, MO 65459-6209 Ethel D Carver or Nude C Massey 1240 Fifth Street Vera Beach, FL 32962 Ethel Fish and Janet L Harm 2230 Morton Avenue New Albany, IN 47150 Ethel Fish or Janet Leah Harmon 2230 Morton Avenue New Albany, IN 47150 Ethel Fish or Jeannette Lynn Perkins or Janet Leah Harmon 2230 Morton Avenue NewAlbany, IN 47150 Ethel G Anthony Sherry Crowley P. 0. Box 32 Saint John, IN 46373 Ethel Murrel Doty or Allen Doty 319 East 12th Street Apt B306 Anderson, IN 46016-1774 Ethel Ritchie David Ritchie P0 Box 205 Gambrills, MD 21054 Ethel Ritchie P 0 Box 205 Gambrills, MD 21054 Etta L Dohse or Earl D Dohse NC 91 Bx 11-D Gordon, NE 69343 Eugene C Courtney F Marie Courtney 3465 Greenlawn Drive Lexington, KY 40517-1415 Eugene Kauffman Martha Kauffman 2511 Starlight Drive Anderson, IN 46012 Eugene Parker Spence Revocable Inter Vivos Trust Agreement 1730 Northeast 6th Street Cape Coral, FL 33909-2221 Eugene S Hawkins or Margaret E Hawkins 10415 East 79th Street Indianapolis, IN 46236-9508 Eugene W Daniels and Clara Daniels 1325 Melrose Street Walla Walla, WA 99362-1408 Eula S Houck 1384 North Amberbrooke Ave Tucson, AZ 85745 Eula S Houck Carol V Ruby 1384 North Amberbrooke Aver Tucson, AZ 85745 Eunice M Kane or Connie Kane Granger 831 Harvey Street Anderson, IN 46012 Eunice M Kane or Mark S Kane 831 Harvey Street Anderson, IN 46012 Eunice M Kane or Gordon E 831 Harvey Street Anderson, IN 46012 Eunice M Kane or John S Ke or Mark S Kane and Gordon E Kane and Connie Kane Gre ngi 831 Harvey Street Anderson, IN 46012 Evangeline I Kurtales or James Bibikos 532 Summit Drive Henderson, NV 69015-8342 Evangelism Committee N4901 Linse Road West Salem, WI 54669 Eveleen Lorton or Janet A Everitt 8520 Southwest 102nd Avenui Miami, FL 33173-3941 Evelyn A 1-lilyard Revocable Trust, Morris W Hilyard, Trustee 427 Tower View Drive Lake Wales, FL 33853-1800 Evelyn A Hilyard Revocable Trust, Morris W Hilyard, TTEE 427 Tower View Drive Lake Wales, FL 33853-1800 Evelyn A Spencer Smith Tru! 5230 Maryman Road Louisville, KY 40258 Evelyn Caldwell or Carl Caldwell 281 West Street Clair Irving, TX 75061 Evelyn F Doney as Trustee c the Evelyn F Doney Trust Unc Agreement Dated 1013196 673 Nobles Street Sebastian, FL 32958 Evelyn G Mamaloff or Brenda J Takes Horse 8761 Midland Place Anchorage, AK 99515 Evelyn G Mamaloff or Fred Mamaloff 8761 Midland Place Anchorage, AK 99515 Evelyn H Sasaki or Dayle Sasaki-Hammoto 1385 Halekoa Drive Honolulu, HI 96821-1120 Evelyn I Anderson or Noel Anderson 917 Bluntzer Street Corpus Christi, TX 78405 Evelyn J Kuhn Revocable Lh Trust, Evelyn J Kuhn Trustee 6861 South 600 West Claypool, IN 46510-9524 Evelyn L Adams or John Fred Adams C/O Jerry Freyman 1017 Alpine Drive Brighton, MI 48116-1775 Evelyn M Gentry or Edward Gentry 3400 Cornwall Drive Lexington, KY 40503 Evelyn Wetkowski Arlene Cappas 1400 North Drake Road Apt 3,1 Kalamazoo, Ml 49006-3931 Everette Monk Shirley Monk 2999 Highway 16 East Carthage, MS 39051-9635 Ewmonci J Spencer 11705 Raintree Drive Temple Terrace, FL 33617-1735 Executive Council of The Co % The Sterner Living Trust % The Sterner Living Trust 214 College Parkway Anderson. IN 46012-3044 F Delray Shaffer or Marlene Shaffer 910 Myers Anderson, IN 46012-1163 F Geraldine Fluck Abram S Ruck 609 Peterson Street Fort Collins, Co 80524 F Shackleton or Doris M Shackletori 40023 Corte Lorca Murrieta, CA 92562-3524 Faith Bible Church Yvonne Farr - Treasurer 693 Highway 15 South Laurel, MS 39443 Faith Chapel Church of God 3335 Lewis Road Riverton, WY 82501-9285 Faith £ Phile 213 Nursery Road Anderson, IN 46012-3123 Family Connection Endowment Fund IMEF P. 0. Box 2618 6741 West Street Road 32 Anderson, IN 46018 Family Connection Inc P. 0. Box 2618 6741 West Street Road 32 Anderson, IN 46018 Family Connection Inc. IDBA Triple L Youth Center P. 0. Box 2618 6741 West Street Road 32 Anderson, IN 46018 Family Connections P. 0. Box 2618 6741 West Street Road 32 Anderson, IN 46018 Farada Hensley or Jacqueline Hensley 606 Ravena Lake Drive Anderson, IN 46012 Faye Kea Thompson 11270 Marty Stuart Drive Carthage, MS 39051 Faye Thompson Unitrust C/O Church Extension Anderson, IN 46012 Feddie E Moore or Ellery 0 Moore 5231 14th Street Port Arthur, TX 77642 Felicia M Leatherwood or Linda L Manley % Linda I Manley 1423 S Cres. Hts. Boulevard S Los Angeles, CA 90035 Felix C Flores 4738 South Loop 1604 West Von Orrny, TX 78073-4400 Fellowship Church of God Barbara East Dodson-Treasui P 0 Box 81501 Albuquerque, NM 87198 Ferman Family Trust 1555 Nob Hill Drive Escondido, CA 92026-2004 Fern L Cornelius 111 South Thompson Apt #11 Vinita, OK 74301-3803 Fern I Cornelius Cleo Ann Newman 111 South Thompson Apt #1 IlVinita, OK 74301-3603 Fern Newcomb and Joanna Roberts 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, 1L 616034197 Fern Newcomb and Mary E Greene 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or Ellen Kay Bressner 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or James David Magner 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or Joanna Roberts 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or John Edward Roberts Jr 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or Mary E Greene 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, 1L 61603-4197 Fern Newcomb or Mary E Greene and Joanna Roberts 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Fern Newcomb or Susan Ann Faulkner 1301 Northeast Glendale Aver Room 242 Box 53 Peoria, IL 61603-4197 Ferree Unitrust C/O Church Extension P0 Box 2069 Anderson, IN 46018-2069 First Church of God 3480 Refugee Road Columbus, OH 43232-4814 First Church of God Endowment Fund CIO Gary Renfro, Treasurer 1516 Forres Avenue Saint Joseph, Ml 49085-1578 First Church of God 106 East Rose Street Rogersville, AL 35652-7302 First Church of God June Julius - Treasurer 414 North Walnut Street Saint Elmo, IL 62458 First Church of God Ralph Price - Treasurer 3131 West 16th Street Bedford, IN 47421 First Church of God 9098 Highway I Lena, LA 71447 First Church of God 101 Bloomingdale Avenue Federalsburg, MD 21632 First Church of God P. 0. Box 106 Edwardsburg, Ml 49112 First Church of God R Jewel Fitzgerald, Treasurer 609 4th Avenue Northwest Grand Rapids, MN 55744 First Church of God 14-25 Beach Channel Drive Far Rockaway, NY 11691 First Church of God C/0 Gloria Fowler - Treasurer 147 North 16th Street Apt 10 Wheeling, W/ 26003 First Church of God Rose Long - Treasurer P 0 Box 4157 Columbia, SC 29240 First Church of God Sylvia Mc Dorman, Treasurer 1850 Shutterlee Mill Road Staunton, VA 24401-1710 First Church of God 700 East Harris P 0 Box 185 Eaton, IN 47338-0185 First Church of God Linda L Cook, Treasurer 2802 Altamont Drive Klamath Falls, OR 97603-6699 First Church of God 1063 South De Will Road Saint Johns, MI 48879 First Church of God 201 West Mc Kinley Blackwell, OK 74631-2132 First Church of God ,Jerri Stinson - Treasurer 124 Oklahoma Avenue Hewitt, TX 76643-3121 First Church of God Nancy Kramer, Treasurer 2915 Saint Johns Avenue Palatka, FL 22177-4195 First Church of God of New Orleans Attn: Mark Bugg 4300 Power Boulevard Metairie, LA 70003 First Church of God Phyllis Ferguson, Treasurer P 0 Box 857 Norton, VA 24273-0857 First Church of God Frank I-f afford, Treasurer 1404 Sherwood Drive Ottumwa, 1A 52501-3873 First Church of God Attn: Richard East Blake P 0 Box 811 Zillah, WA 98953-0811 First Church of God P. 0. Box 2487 Orofino, ID 83544-2487 First Church of God Judith Greene - Treasurer 346 Monticello Street Somerset, KY 42501 First Church of God 252 East 3rd Street Peru, IN 48970 First Church of God P. 0. Box 585 Jerome, ID 83338-0585 First Church of God Capital Improvement 528 West Abriendo Avenue Pueblo, CO 81004-1544 First Church of God Hyatt East Cayton - Treasurer 214W. Strothers Seminole, OK 74868 First Church of God P0 Box 388 Blacksburg, VA 24063-0388 First Church of God 123 East Main Edmore, MI 48829 First Church of God Barbara Berry -Treasurer P.O. Box 361 Desoto, MO 63020 First Church of God Attn: Treasurer P0 Box 493 Lamar, CO 81052-0493 First Church of God 1505 West Main Street Greeneville, TN 37743-4557 First Church of God Paul J Malcom, Treasurer 9212 California Plaza #402 Omaha, NE 68114-2654 First Church of God P 0 Box 2656 Port Charlotte, FL 33949-2856 First Church of God 301 Mahood Avenue Princeton, WV 24740-2645 First Church of God Shari Mason 2222 West Sycamore Kokomo, IN 46901-4110 First Church of God Building Fund Velma Campbell, Treasurer P0 Box 547 Ansonia, OH 45303-0547 First Church of God 100 Eagle Drive South Charlesto, WV 25309-8584 First Church of God Albany Angela Franklin - Treasurer 1225 Southwest 15th Avenue Albany, OR 97321 First Church of God D/B/A Solid Rock Church of God 1904 North Michigan Avenue Kissimmee, FL 34744 First Church of God Inc Building Fund 450 West 50th Street Marion, IN 46953 First Church of God of Oiianr May Bartels - Treasurer PC Box 574345 . Orlando, FL 32857 First Church of God Osprey Attn: Treasurer P 0 Box 75 Osprey, FL 34229-0075 First Church of God, Charlotte, North Carolina Harvey South Thomas-Treasui 5300 Albemarie Road Charlotte, NC 28212 First Church of God, Inc Freddie Latham, Treasurer 134 East 43rd Avenue Gary, IN 46409-2103 First Church of God, Inc 110-10 167th Street Jamaica, NY 11433 First Church of God-Petersbi Sharon Booth - Treasurer Route I Box 45 Petersburg, IN 47567 First Church of Lakeland Inc Gordon Howe - Tax Shelter A' 5317 Creekmur Drive Lakeland, FL 33813 First Community Church of C P 0 Box 64 Lopez, IN 46537-0065 First Federal Savings Bank IRA Acct: Ellen J Berry 100 Frontage Road Huntington, IN 46750-8884 First Federal Savings Bank Trust Dept 100 Frontage Road Huntington, IN 46750-8884 Flora W Buck 312 East 900 North Alexandria, IN 46001-8334 Flora W Buck or Gary Buck and Linda Middleton 312 East 900 North Alexandria, IN 46001-8334 Florence A Moore Trustee, Moore Trust 514 Holly Walla Walls, WA 99362-3514 Florence T Day Charles T Day Jr C/O Charles T Day, Jr 1124 Foley's Retreat Lexington, KY 40514 Flay Nell Hooten 1332 Van Drive Seminole, OK 74868-2805 Floyd A Jeune and Gladys J4 Revocable Living Trust Dated December 3, 1996 201 Palm Air Drive Osprey, FL 34229-9041 Floyd ID Closser or Ruby G Closser 8643 North 150 East Alexandria, IN 46001-8338 Floyd Huebner Barbara Huebner 1703 Saint Jude Court Peoria, IL 61614 Floyd I Mc Coy or Michael W Mc Coy or Linda Calorie 98395 Stian Smith Lane Coos Bay, OR 97420 Floyd L Miller Ill Lillian G Miller 4061 Holly Way Doylestown, PA 18901-5446 Floyd Mc Coy or Margaret £ Mc Coy 98395 Stian Smith Lane Coos Bay, OR 97420 Floyd R Wolford or Debris E Wolford, Trustees of the Wolford Family Trust 114 Makepeace Drive Chesterfield, IN 46017-1215 Floyd W Brick and Joan C Bi Revocable Trust Dated 3/6/02 2224 26th Street Bedford, IN 47421 Forest Avenue Church of Go 2002 Forest Avenue Niagara Falls, NY 14301-1328 Forest F Carlson Unitrust CIO Church Extension p 0 Box 2069 Anderson, IN 46018-2069 Forrest D Lynch or Lora Jean Lynch P 0 Box 1053 Elephant Buffe, NM 87935 Forrest James Nichols Loretta G Nichols 2025 Sylvester Road #BB7 Lakeland, FL 33803-3502 Forrest V Mc Mullin or Denzle W Mc Mullin 14390 East 1200N Dunkirk, IN 47336 Frances A Bowser Douglas D Bowser 7416 East 500 North North Webster, IN 46555-9391 Frances A Rorer or Lucy N Tedrick 235 Old Piney Road Marion, KY 42064-1937 Frances D Deal 402 Fourth Street Southwest Hildebran, NC 28637-8336 Frances D Deal or Arnold P Deal, Jr. 402 Fourth Street Southwest 1-fildebran, NC 28637-8336 Frances D Deal or Dwight D Deal 402 Fourth Street Southwest Hildebran, NC 28637-8336 Frances D Deal or Nancy D Eller 402 Fourth Street Southwest Hildebran, NC 28637-8336 Frances I Winters 625 Wellngton C-7 Walla Walla, WA 99362 Frances I Winters or Gail Swan 625 Wellngton C-7 Walla Walla, WA 99362 Frances I Winters or William Winters 625 Wellngton C-7 Walls Walla, WA 99362 Frances J Kramer or Allen L Kramer 1226 Pottstown Pike West Chester, PA 19380-3936 Frances Jean Huttenlocker Living Trust Agreement 2207 Melody Lane Anderson, IN 46012 Frances Jerome Newton WJerome 8138 East Butte Mesa, AZ 85207-7616 Frances L Patteson TTE 3890 1st Lane Vero Beach, FL 32968 Francille S Davis Cecil N Davis 493 Quail Haven Road China Spring, TX 76633 Francis I Gough Stephen L Gough 701 East Main Street p322 Peru, IN 46970-2643 Frank J. Causby Trustee U/L Dated 617/90 500 Lenoir Road Apt 242 Morganton, NC 28655 Frank Morgan or Frances Morgan 520 Parkslde Drive Lexington, KY 40505 Frank N Taylor Beulah M Taylor 100 Barnes Road Harrisburg, IL 62946-5274 Frank R Britton 67 Park Terrace East Apt CS-I New York, NY 10034 Franklin R Haddock and Barbara Jean Haddock 4410 South East Bybee Boule' Portland, OR 97206 Fred Brand Jr or Brenda J Clifford and Amelia J Klingensmith and Valerie R Oberlin and Debra S Shoaff 3033 North Heritage Park Lan Fort Wayne, IN 46805-5805 Fred D Hill Sr Helen M Hill 3144 South Annabelle Detroit, Ml 48217 Fred E Sullivan or Lola Sullivan 2722 Clover 1-1111 Ridge Road Maryville, TN 37801-9500 Fred F Burkhardt Arlene Burkhardt 418 East Penn Boulevard Woodbury, NJ 08096-2822 Fred F Warden 537 South Harlin Drive West Plains, MO 65775 Fred Kipp or Winifred Kipp 209 Remington Court North Dr Apt A Mishawaka, IN 46545-8607 Fred Mamaloff or Evelyn G Mamaloff 8761 Midland Place Anchorage, AK 99516 Fred McKinley 17255 North Street Road 3N Eaton, IN 47338-8949 Fred McKinley Susan Frost 17255 North Street Road 3N Eaton, IN 47338-8949 Fred T Kipp or Winifred Kipp or Ilene S Losicki 209 Remington Court North Dr Apt A Mishawaka, IN 45545-8607 Freda Jo Miranda 1042 Eastlake Houston, TX 77034-1922 Frederick E Bird Edna Lee Bird 4270 B Lewis Avenue Penney Farms, FL 32079-0935 Frederick E Bird Revocable Trust Agreement Dated 4/3/96 4270 B Lewis Avenue Penney Farms, FL 32079-0935 Frederick Schmidt Norma Jean Schmidt 1518 Oak Terrace Saint Joesph, Ml 49085-9780 Fritz Jeeninga or Shirley M Jeeninga 5625 Austin Street Leesburg, FL 34748-8003 • Catharine Smith or Ellis R Smith 6750 West 900 South Claypool, IN 46510-9383 • June Rohrback or Blinn Rector 2210 East 53rd Street Anderson, IN 46013 • Samuel Dunbar Mary J Dunbar 610 Olive Road Saint Louis, MI 48880 Gabriel P Dixon 1131 Parkedge Lane West Saint Louis, MO 63130 Gabriel Wayne Johnson or Allen WMoore C/O Allen West Moore 1109 North 400 West Kokomo, IN 46901 Gail V Lee 689 Avenue B Apt F Yuma, AZ 85364 Gale F-tency Marelyn Hency 11334 South East Ogden Strei Portland, OR 97266-8907 Galen E Courtright or Mary V Courtright 1900 Springfield Road East Peoria, II 61611-4343 Galen L Haney Trust 7533 N Syracuse Webster Ro North Webster, IN 46555-9781 Ganelle B Mittan 11283 South Hartford City Ro. Warren, IN 46792 Garfield Park Church of God Sandra Dodson - Treasurer 401 East Southern Avenue Indianapolis, IN 46225 Garnet Schander Gilbert Schander P 0 Box 310 Bowden, ND 58418 Gary A & Charlotte A McClur Living Trust Dated 5121197 5621 Bittersweet Road Morgantown, IN 46160 Gary K Fôwler or Roberta J Fowler 1004 West 6th Street Greenfield, IN 48140 Gary L Harrington Nancy L Harrington 1608 Vasquez Circle Colorado Springs, Co 80915 Gary Reining 376 Ash Drive Decatur, IL 62526 Gary Reining or Kenneth Reining 376 Ash Drive Decatur, IL 62526 Gary Swogger or Beverly Swogger 364 Rosemary Street Princeton, WV 24740-8523 Gavin Neyman Gregory T Neyman 1010 Woodland Crossing Fort Wayne, IN 46825-7238 Gayle 0 Burcham Barbara B Hensley 527 11th Street Southwest Hickory, NC 28602-2537 Gayle De Buck Paul De Buck 1307 Christine Houston, TX 77017 Galena Street Walter Jack Walter 3907 George Washington Roa Lafayette, IN 47909 Gelene Street Walter Philip R Crubaugh 3907 George Washington Roa Lafayette, IN 47909 Gene Hulstine or Hazel F Hulstine 0038 Cedar Court Parachute, CO 61635 Gene Miller or Reba Miller 603 Sycamore Drive Conroe, TX 77302-1170 Gene Norman Pauline Norman 1401 North Mc Laren Marion, IL 62959 General Assembly of Chog George L Newton-Exec Secy P. 0. Box 140 Mount Zion, IL 62549 General Assembly of Chog o Gerald Nevitt - Executive Sec 4212 Alpha Street Lansing, Ml 48910 General Assembly of the Chi of God In Mississippi Inc. Derrick T Truss 5120 Brookview Drive Jackson, MS 39212-2107 Genesis Pointe Condoniniur Eileen Holeton, Treasurer 65 Genesis Pointe Lake Wales, FL 33853-7900 Genesis Pointe, Reserve Act Eileen Holeton, Treasurer 65 Genesis Pointe Lake Wales, FL 33853-7900 Geneva B Richardson 10 Parkway Drive Paris, KY 40361 Geneva C Gillispie Michelle Ritchey Black 501 Fountain Avenue Georgetown, KY 40324-1536 Geneva Hamilton 14614 Southeast Rhone Stre€ Portland, OR 97236-2454 Geneva K Campbell or Harold S Campbell 4118 E. 43rd Street Tulsa, OK 74135-2850 Geneva P Spires Jeff Spires 417 Rocicshire Court Spartanburg, SC 29303-3378 Genevie B ScheftIer or Dale R Scheffler 630 Carr Street Wentzville, MO 63385-1126 Genevieve Coffman or Jan Bontrager 1807 Holly Street Goshen, IN 46526 Genevieve Hicks or Ernie Johnson 1003 East 36th Street Joplin, MO 64804-4027 Genevieve LSpearin Forest Avenue Church of God 815 91st Street Niagara Falls, NY 14304-3531 George A Lowery Beulah C Lowery 201 North East Street Lexington, IL 61753-1515 George C Speedy and Carolyn 1< Speedy 117 Amber Drive Anderson, IN 46012-1424 George 0 Franklin Lois Ann Franklin 7430 Calle Cuernavaca Tucson, AZ 85710-5561 George D Hardin Sylvia A Hardin 2564 Roseview Drive Shelbyville, IN 46176 George E Baker Dorris A Baker 123 Genesis Pointe Lake Wales, FL 33853 George F Darner or Mary Jane Darner 218 Cartall Saint James, MO 65559 George F Denniston Thelma A Denniston 3738 East Street Road 28 Frankfort, IN 46041 George H Ramsey Sr or Rachel Ramsey P 0 Box 263 Indianola, WA 98342 George 1-f Van Norman, True Under Trust Agreement Datec April 1, 1993 with George H Van Norman as Grantor 1208 25th Avenue North Clinton, IA 52732 George L and Marie E Major: Family Trust P 0 Box 70865 Fairbanks, AK 99707 George I Cunningham or Margaret J Cunningham 145 Woodmont Drive Paris, KY 40361 George M Funk Shirley A Clutter 9907 0 Drive South Burlington, MI 49029 George R Christenberry or Loretta Christenberry 603 99th Street Northwest Bradenton, FL 34209-9600 George Robillard Janice Robillard 310 Sunshine Drive Lake Wales, FL 33853-8752 George Tillett or Rachel Tillett Route If 1 Box 342-B California, KY 41007 George W Johnson Hollis A Johnson 4704 176th Southwest #B-314 Lynnwood, WA 98037-3459 Georgia F Edgell or The Johi Irvin & Ida Clary Hull Family Endowed Scholarship Fund of Anderson University C/O Bettie Hurt 824 South Walnut Street Fairmount IN 46928 Georgia L Waggoner Robert Waggoner 1833 Allen Lane Anderson, IN 46012 Georgia Mae Noble or Dorothy A Lay 919 North 9th Street Vincennes, IN 47591 Gerald 0 Clark or Beatrice Clark 2510 Miss Ellie Drive Knoxville, TN 37921-3743 Gerald 0 Eyestone Living Tn 1812 Catalpa Lane Walla Walla, WA 99362-9071 Gerald D Townsend or Shiilee Townsend 3300 Thombrook Court Midland, MI 48640-2374 Gerald Foote and Dons M Foote 5012 Ancjl Road Toledo, OH 43615 Gerald I Smith or Carolyn Smith 3317 Green Valley Road New Albany, IN 47150 Gerald L Stevens or Karolyn Kay Stevens Route 1 Box 24 Randolph, NE 68771 Gerald Porter Jessie Audrey Porter 212 Porter Road Oak Grove, LA 71263 Gerald W Jackson Velda J Jackson 5409 Harvard Bartlesville, OK 74006 Geraldine Aderhold Cecilia 0 Boone 11326 Pine Acres Road Jacksonville, FL 32223 Geraldine Aderhold Henry HAderhold 11326 Pine Acres Road Jacksonville, FL 32223 Geraldine Faith Dial Revocable Living Trust 14810 Thornridge Plymouth, Ml 48170 Geraldine Gout 610 Chestnut Street Anderson, IN 46012 Geraldine L Conner Alfred L Conner 331 Greenwood Avenue Gloucester City, NJ 08030-1604 Geraldine Reed or Donald Reed 508 Lynnwood Court Murray, KY 42071-2218 Geraldine Robertson or Fran Robertson 1219 West 550 South Anderson, IN 46013 Gertie W Simpkins or James F Simpkins % H R Bridges 205 South Center Street East Prairie, MO 63845-2001 Gifford Church of God Gladys Armstrong, Treasurer 246 West 400N Rensselaer, IN 47978 Gil Edmiston Ardith Edmiston Stefanie S Gray 9709 East 76th Terrace Raytown, MO 64138 Gilbert H Maxwell or Ruth Christine Maxwell 7495 Lilly Chapel Road Baxter, TN 38544 Gilbert Schander Garnet Schander P0 Box 310 Bowden, ND 68418 Gilder Family Living Trust 207 Rainbow Drive #10789 Livingston, DC 77399-2007 Ginger R Hartman Pamela S Hartman 278 South Tegner Street Apt A-3 Phoenix, AZ 85039 Gladys A Rinnert Route 2 Box 80 Naylor, MO 63953 Gladys A Rinnert or Executive Council of the Church of God Route 2 Box 80 Naylor, MO 63953 Gladys A Rinnert or Mid America Bible College an Christians Broadcasting Hope Route 2 Box 80 Naylor, MO 63953 Gladys M Hawkins Revocable Trust 4960 South Cottage Avenue. Independence, MO 54055-5535 Gladys M Hawkins or Chester F Hawkins 4960 South Cottage Avenue Independence, MC 64055-5535 Gladys M Nepert 107 Williamson Street Preston, MD 21655 Gladys Smith Revocable Tru Gladys Smith Trustee, Richard Earl Walker, Contingient Trustee 2212 West 10th Street Muncie, IN 47302-1642 Gladys V Gard Robert L Gard 1306 Brock Circle Ringgold, GA 30736-7443 Gladys V Mead Living Trust Dated July 12, 1984, Gladys V Mead, Trustee 714 Berea Street Saint Louis, Ml 48880 Gladys Whaley or Leonard Whaley 3807 East Norfolk Street Tampa, FL 33604 Glen Mc Ewen or Bonnie Mc Ewen 290 10th Street Wood River, IL 62095-2451 Glendon E Habegger M June Habegger 3402 East 8th Street Anderson, IN 46012 Gleneta M Locke 3274 Lilly Mar Court Dublin, OH 43017 Glenn D Bunnell or Geoffrey D Bunnell 9255 Sun Pointe Drive Boynton Beach, FL 33437-3353 Glenn E Dean Inez M Dean 7513 Farmingdale Drive Unit 4 Darien, IL 60561 Glenn 0 Morey Crystal L Morey 1310 Parkway Drive Anderson, IN 46012 Glenn R Pabst or Trella M Pabst 1025 Texas Avenue Danville, IL 61832-6918 Glenn Whitesel or Karen Whitesel 1210 Beechwood Drive Anderson, IN 46012 Glenna Yutzy Linda J Gloden 1202 West Miracle Mile Unite Tucson, AZ 85705-3726 Gloria J Campbell Dale C Campbell 15400 North 400 East Eaton, IN 47338 Goldie B Pilcher or Linda Wortinger 201 West Pearl Street Syracuse, IN 46567 Goldie B Pitcher or Robert Pilcher 201 West Pearl Street Syracuse, IN 46567 Gordon A Howe and Veneta Howe Trust, U!DIT Dated 5/11190 F1810 Gordon A Howe and Veneta J Howe 5317 Creekmur Drive Lakeland, FL 33813-4013 Gordon A Stiers or Beth A Stiers 4484 Forest Drive Brownsburg, IN 46112-8676 Gordon Carrier Iva Carrier 515 Windsor Street Lakeland, FL 33803-3848 Gordon G Mc Coy Billie M Mc Coy 19872 Arrow Wood Drive Bend, OR 97702-9054 Gordon L Howard J Maria Howard 13210 East 88th Street North Owasso, OK 74055-4732 Grace A Kollar 500 L West East Apt 203 Mishawaka, IN 46544 Grace A Kollar or Lauri S Sierens and Brooke N Sierens 500 1 West East Apt 203 Mishawaka, IN 46544 Greeritree Lic Inter Office Attn: Mike Grant Anderson, IN 46018 Greg G Winland 805 2nd Street New Martinsville, WV 26155-1559 Greg Smith or Paul J Smith 3819 Cambria Place Colorado Springs, Co 80918-2362 Gregory A Hickman Elizabeth S Hickman 2606 East Brookfield Circle N Warsaw, IN 46582-7956 Gregory G Steinaker or Blanche Elaine Steinaker or Norman W Steinaker 2293 Coolcrest Avenue Upland, CA 91786 Greta Wilkerson Charles V Thompson 44 Kenna Drive So Charleston, WV 25309 Gritten Family Revocable Living Trust Dated 3/23/95 831 Park Avenue Covington, IN 47932-1384 Gulf Coast Bible College OBA Mid-America Bible Collei 3500 South West 119th Street Oklahoma City, OK 73170-9797 Guy F Lane Mary Ann Lane 2411 Fords Prairie Avenue Centralia, WA 98531-4534 Guy Spalding Joyce Spalding 10208 Windrow Court Louisville, KY 40223 Gwendolyn M Roach or Carl F Roach 460 Forbes Avenue #512 Rennsselaer, NY 12144 H Allen Thorpe Denyse Miller Thorpe 6203 Flynn Road Indianapolis, IN 46241-9518 I-I Eugene Frame Marsha L Frame 1316 Warner Avenue Ypsilanti, MI 48197-4668 H Glendon Rush P 0 Box 101 Ericson, NE 66637 H Glendon Rush or Janet Rush P0 Box 101 Ericson, NE 68637 H Howard Lash or Martha C Lash 147 Nursery Road Anderson, IN 46012-3121 1-I Maxine Cooper Gene Brothers 616 Bryan Avenue Danville, IL 61832-6717 H Ray Butler or N Maxine Butler RR 1 Box 1414A Thayer, MO 65791-9760 H Ray Butler or N Maxine Butler or Larry R Butler or Nena L Robuck RR 1 Box 1414A Thayer, MO 65791-9760 H Richard Starr Eunice F Starr 880 Spyglass Lane Lexington, KY 40509-2101 H Troy Withers Pamela S Withers 446 Elm Street Baxter, TN 38544-5226 Hallettsville Cp Mtg Assoc -P Josephine Walker, Treasurer P0 Box 157 Kendleton, IX 71451-0157 Hannah Susanne Kirby or David Warren Kirby 314 Elm Street Nacogdoches, TX 75965 Harlan Murrell Gary L Murrell 6400 CO Road 3400 Mountain View, MO 65548 Harlan Tackett or Henrietta Tackett 206 Blueberry Lane Mount Sterling, KY 40353 Harley and Jane Loy Family Trust 109 Woodhaven Drive Natchez, MS 39120-5256 Harley Richardson or Bonnie Richardson 2129 Wilburn Place Bethany, OK 73008 Harlan R Hummer or Patricia L Hummer 2235 Oakdale Highland, IN 46322-1514 Harold E Bilderback or Katie Bilderback 445 Kathy Lane Poplar Bluff, MO 63901-9116 Harold E Bonham Martha Sarles 153 Burchwood Drive Saint James, MO 65559-1403 Harold E Brawn Evelyn M Brown HC 4 Box 677 Don iphan, MO 63935 Harold E Smith and Genevie Smith Living Trust, Harold E 8 Genevieve Smith, Trustees 332 Coventry Drive Anderson, IN 46012 Harold F Garner or Dorothy L Garner 411 West Conron Avenue Danville, IL 61832-1744 Harold F Linamen or Janet R Linamen or Chris E Linamen and Larry H Lirramen 226 College Parkway Anderson, IN 46012 Harold G Wilson or Heloise Wilson 13146 East 2nd Ruun Road Monroe City, IN 47551 Harold L Hammack or Elizabeth T Hammack 1137 Grosscup Avenue Dunbar, W( 25054 Harold L Minkler or Gwen A Minkler 1204 Toledo Bellingham, WA 98226 Harold Linamen or Janet R Linamen 226 College Parkway Anderson, IN 46012 Harold M Buckbee and Haze Buckbee, Trustees of the Harold & Hazel Buckbee Trust Dated December 15, 1997 3245 Potter Street Eugene, OR 97405 Harold Mc Elroy Rr 5 Box 435 Paris, KY 40361 Harold Pontious Living Trust P 0 Box 22 Babson Park, FL 33827-0022 Harold R Peterson Patricia Peterson 1005 South Prince Street Princeton, IN 47670-2629 Harold Springer 3045 Cr72 Auburn, IN 46706 Harriet E Kennemer 3710 Southeast Concord Apt Milwaukie, OR 97267-3915 Harriet E White Gary White 7514 North 650 East No Webster, IN 46555-9333 Harriet E White Joseph White 7514 North 650 East No Webster, IN 46555-9333 Harriet Haynes 2138 Oakland Street Fort Wayne, IN 46808-2399 Harriet I Ressler or Duvall A Jones or Shirley I Williams or Lucille G Fridley C/O Lucy Fridley 1828 East 5th Street Anderson, IN 46012-3525 Harry A Taylor and Asenath I Taylor Trust U/AID 7130197 P. 0. Box 455 1-bIt, MI 48642-0455 Harry D Ainsworth Rita G Ainsworth 13242 Highway 17 Oak Grove, LA 71263-7395 Harry 0 and Mary E Raudenbush Trust 2623 Bougainvillea Street Sarasota, FL 34239-5412 Harry D Wills Lucille R Wills 306 Sunset Boulevard Greeneville, TN 37743 Harry E Harpine Juanita R Harpine 3619 5th Avenue North Great Falls, MT 59401-2207 Harry E Peterson or Betty J Peterson or Joan M Bull and Barbara J Seaman 21798 160th Avenue Big Rapids, Ml 49307-9319 Harry G Cadamore or Betty G Cadamore 1004 Whippoorwill Drive Port Orange, FL 32127 Harry J Whitley G Brent Whitley 36075 Wheeler Road Dexter, OR 97431 Harry Peterson or Betty Peterson 21798 160th Avenue Big Rapids, MI 49307-9319 Harvey Spearin 815 91st Street Niagara Falls, NY 14304-3531 Hashem M Sweis or Siham Sweis 8 First Street Ossining, NY 10562-5705 Hattie L Downer or Bessie Covington or National Association of the Church of God, West Middless 2915 Curtis Street East Elmhurst, NY 11369-1933 Hazel A Hubble Church Extension of the Church of God, Inc 4968 Preston Road Federalsburg, MD 21632-2400 Hazel A Hubble Verna G Hubble 4968 Preston Road Federalsburg, MD 21632-2400 Hazel A Thomas or Danny R Thomas 105 Natures Way Ponte Vedra Bch, FL 32082-2030 Hazel D Settles or Carolyn Truelove P 0 Box 33 Buckingham, IL 60917-0033 Hazel F Hulstine or Gene Hulstine 0038 Cedar Court Parachute, CO 81635 Hazel I Mc Intire 960 North Madison Street Arlington, VA 22205 Hazel L Heiser Living Trust Dated June 26, 1998 476 South Wilbur Wright Road Straughn, IN 47387 Hazel I Powell or Arden Powell 4055 Royal Avenue #29 Eugene, OR 97402-6829 Hazel M Giering or Marjorie J Betteridge P0 Box 157 218 West State Street Pendleton, IN 46064 Hazel M Settlemyre 4015 10th Avenue Drive SW Hickory, NC 28602 Hazelcrest Community Church of God 3313 Hazel Lane Hazel Crest, IL 60429-1609 Helen C Miller :3928 Home Ace Apt 139 NewAlbany, IN 47150 Helen E Doud 967 South Webester Ottumwa, IA 52501 Helen E Doud or Terry Lee Schooley 967 South Webester Ottumwa, IA 52501 Helen E Werch Ramona Ryner 3527 Ridgemont Road Orlando, FL 32808 Helen E Werch, Trustee for Benefit of William C Werth & Helen E Werch Under Trust Dated 9-4-87 3527 Ridgemont Road Orlando, FL 32808 Helen I Weaner Ervin Wesner 1019 Vinewood Drive Saint Joseph, Ml 49085-3234 Helen K Marquart Isaac B Marquart 2115 Heritage Park Drive Fort Wayne, IN 46805-5803 Helen KlinkerMarquart 2115 Heritage Park Drive Fort Wayne, IN 46805-5803 Helen L Snyder Bernard Snyder Jr Darlene L Wailer 1420 Faye Avenue Lakeland, FL 33803-1716 Helen M Flynt 350 North 190th Street #426C Shoreline, WA 98133-3856 Helen M Hartzler or Patricia K Smith 106 North Maple Street Box 274 Akron, IN 46910 Helen M Hunt Todd M Hunt 980 Saint Johns Lincoln Park, MI 48146 Helen M Miller 1490 Meadow Drive Galesburg, IL 61401 Helen M Miller David H Stamm 1490 Meadow Drive Galesburg, 1L 61401 Helen M Miller Eleanor J Stamm 1490 Meadow Drive Galesburg, IL 61401 Helen Martin or Jack R Martin 8208 Manor Avenue Munster, IN 46321 Helen Mathis or Melvin Mathis 549 Bosmith Road Lamar, SC 29069 Helen WThorn 1758 Millerwood Drive New Albany, IN 47150 Hen ricks Trust, Earl J. Henricks Trustee 400 Madrona Avenue SE Apt. Salem, OR 97302-4691 Henry D Stone or Dorotha J Stone 2221 South West 42nd Oklahoma City, OK 73119-3520 Henry Destaslo or Barbara Destasio 1706 Balmoral Drive Clearwater Beach, FL 34616-3642 Henry M Coker and Frances W Coker 3011 Jenny Drive Sugar Land, TX 77479 Henry Zwar Arbeatus Zwar 1461 North Aurilla Drive Saint Joseph, Ml 49085-3403 Herbert S Ryan and Shirley .1 Ryan Family Trust 3344 North 24th Place Phoenix, AZ 85016-7405 Herman A Dolezal or Georgianna A Dolezal 1111 Montana Avenue Libby, MT 59923 Herman A Keeney 506 North 192nd Street C-10 Shoreline, WA 98133 Herman Keeney Elaine J Keeney 506 North 192nd Street C-102 Shoreline, WA 98133 Herman W and Mable Jean Hammond Revocable Trust 103 Lake Court Decatur, IN 46733 Hermann Hambaci, Christine Hambach 9002 First Street Lanham, MD 20706-2834 Herschel W Hooper 433 Iowa Avenue Stratton, Co 80836-1310 Hester Townsend Revocable Trust Fund C/O Gerald Townsend 3300 Thombrook Court Midland, MI 48640-2374 Highland Park Community C 411 Walsh Drive Casper, WY 82609 Highview Church of God Treasurer: Dale Pills 2442 Centennial Drive Washington, IL 61571-1056 Hilda W Ratclilf Trust Agreement Dated April 29, 19 1762 Glen Lake Road Hoffman Estates, IL 60195 Hilton D Bryant or Betty Bryant 3125 Orchard Drive Hammond, IN 46323-2303 Hobert A Davis Janet M Davis 614 Castetter Road Henryville, IN 47126-8700 Hollis Pistole Elizabeth Pistole 3826 Middleway Drive Anderson, IN 46012-9457 Holly G Miller Philip G Miller 807 Forest Drive Anderson, IN 46011-1233 Homer 0 Hamilton Wilena F Hamilton 4334 West Cross Street Anderson, IN 46011 Homer Turner Delphine Turner P0 Box 741 Palatka, FL 32178 Hook Family Revocable Living Trust 3697 Beazer Road Bellingham, WA 98226 Howard D Marriott and Brenda J Marriott Trust 12454 East 400 Road Mount Carmel, IL 62863-9416 Howard E Miller or Margaret K Miller 830 Triple South Road Harrisburg, IL 62946-4606 Howard E Simmons or Shirk Simmons. Trustees. Under Tr Agreement Dated December 5 1986, F11310 Howard E Simmo 943 Meadow Road Greenback, TN 37742-3007 Howard F Kuhlman Howard F Kuhlman 5475 Flower Court Arvada, CO 80002-3041 Howard F Kuhlman Leah F Kuhlman 5475 Flower Court Arvada, Co 80002-3041 Howard F Kuhlman Paul F Kuhlman 5475 Flower Court Arvada, CO 80002-3041 Howard F Kuhlman Robert 0 Kuhlman 5475 Flower Court Arvada, CO 80002-3041 Howard F Kuhlman Roberta A Reeger 5475 Flower Court Arvada, Co 80002-3041 Howard F Kuhlman Viola S Dodson 5475 Flower Court Arvada, CO 80002-3041 Howard Norwat or Lucille Norwat 1917-A North West Cherry Sin Lee's Summit, MO 64081 Howard R Fought and Evely, Fought, Co-Trustees, The Fought Family Trust, Dated 34260 34005 Ironwood Dr. Trailer 3t Apache Junction, AZ 85220-7112 Hristos Dimoulis Eleni Dimoulis 858 Brockway Street Palatine, IL 60067 Hugh C Wolkow and Cecelia Wolkow, Trustees of the Hugt and Cecelia Wolkow Trust 600 Northwest Norman Avenui Gresham, OR 97030-6961 Hugh I Smith Cynthia E Smith 2900 North West 83 Terrace Sunrise, FL 33322 Hugh S DeOle or Marjorie A Deale 1070W. Jefferson Street Franklin, IN 46131-2179 Hughie W Ellison Marthelia J Ellison 11801 Relay Drive Bridgeton, MO 63044-2148 Ida S Dotson Peggy Dotson 134 East Davis Lane Jellico, TN 37762-4706 Idamay Hedrick 922 Hattie Drive Anderson, IN 46013 Imogene Wilcox 521 Hi-Crest Drive Lexington, KY 40505-2233 Indian Village Church of God Barbara Van Horn - Treasurer 602 Erie Pass Auburn, IN 46706 Indiana Ministries of the Church of God Richard Shockey, Treas 531 South Guilford Street Carmel, IN 46032-1508 Inez B Rucktashel or Marion Rucktashel 6227 Linton Road Houston, IX 77008-6336 Inspiration Ch of God-Eastlai Gail Dennis, Secretary P0 Box 1003 Eastland, IX 76448-1003 Institute For Servant Leadership 6498 Pleasant River Drive Dimondale, MI 48821 Irene A Moser 300 Lakerview Drive Ponca City, OK 74604 Irene Lee or Betty Lee Stephenson 5148 East 36th Street Tulsa, OK 74135-5228 Irene V. Larabee Trust Uncle Trust Dated 11119/90 2104 Stratford Drive Unit A Montrose, CO 81401 Irma S Sanders 141 Holly Road Northwest Atlanta, GA 30314-2109 lrmgard Miner Linda 0 Schienk 207 North Oak Street Centralia, WA 98531 Isabelle L Gaulke or Wanda Mashue 5214 Viking Drive Houston, TX 77092-4236 Isabelle L Gaulke or Wanda K Mashue or Troy Mashue 5214 Viking Drive Houston, TX 77092-4236 Isadore Small 111 4233 Shaffer Road Southeast Kentwood, MI 49512-3862 Isadore Small Jr Evelyn B Small 2551 Highland Street Detroit, Ml 48206-3607 Isham E Crane Mildred Crane 1918 Ravenswood Drive Anderson, IN 46012-5114 ITF Caleb C TakesHorse 17515 Meadow Creek Drive Eagle River, AK 99577 ITF Travis J TakesHorse 17515 Meadow Creek Drive Eagle River, AK 99577 Itlia J Mc Kown 2140 Lincolnway West Columbia City, IN 46725 Itha J Mc Kown or Larry L Mc Kown and Richard Mc Kown 2140 Lincolnway West Columbia City, IN 46725 Itha J Mc Kown or Larry L Mc Kown or Richard Mc Kown 2140 Lincolnway West Columbia City, IN 46725 Iva Becker Box 44 Marion, SD 57043 Iva Marie Vandervoort John H Vandervoort 425 Sanders Road Oxford, Ml 48371-4326 Ivan De Hart and Norma J De Hart Trust Dated 9/10/99 117 Liberty Drive Belleville, IL 62226-5118 Ivan L Eaton Sr or Anna M Eaton 1369 Rue Riviera Bonne Terre, MO 63628 Ivan Vickery Trust Dated 10/18188 4880 Peach Ridge Avenue NV Grand Rapids, MI 49544-9741 lvaneH Beck Norman G Beck Rebekah Youngman Forbes Taresah Youngman Mitchell 822 High Street Anderson, IN 46012-3023 J B Amburgey or Geraldine Aniburgey p 0 Box 47 Means, KY 40346 J Carl Rouintree Blanche Rouintree 500 Riverbend Drive Pearisburg, VA 24134-2048 J D Faulkner or Virginia C Faulkner 704 Faulkner Avenue Lexington, KY 40505 J C Kelley Edna Kelley 102 Van Zandt Cty Road 1129 Fruityale, TX 75127-9553 J Harold Harness Virginia Harness Route I Box 414Y South Shore, KY 41175-9712 J Harrison Bums 1909 2nd Avenue South Wesi Hickory, NC 28601 J Keith Flanagan or Jan L Flanagan P 0 Box 128 Texhoma, OK 73949-0128 J Phillip Blake 612 North Washington Street Columbia City, IN 46725 J Phillip Blake Maria K Crosier 612 North Washington Street Columbia City, IN 46725 J Phillip Blake Marsha L Kiester 612 North Washington Street Columbia City, IN 46725 J Phillip Blake Ruth A Blake 612 North Washington Street Columbia City, IN 46725 J Phillip Blake Teena J Holden 612 North Washington Street Columbia City, IN 46725 J Phillip Blake Timothy A Blake 612 North Washington Street Columbia City, IN 46725 J Terrie Maddox Lolita D Maddox Terrie L Maddox 430 Fountain Street Port Charlotte, FL 33953-1939 J Terrie Maddox Lolita Maddox 430 Fountain Street Port Charlotte, FL 33953-1939 Jack Barnes or Bobbie Jean Barnes 2303 Petworth Place Fort Worth, TX 76103 Jack D Hollis and Barbara I Hollis Joint Trust Agreement 259 Friendship Court Anderson, IN 46013-1091 Jack F Eckelbarger or Lila N Eckelbarger 1211 Tedrow Road Lakeland, FL 33805-3975 Jack L Banther or Phyllis M Banther 1402 Brattleboro Circle Sun City Center, FL 33573-5004 Jack L Eckelbarger Revocable Trust 1211 Tedrow Road Lakeland, FL 33805-3975 Jack L Galbreath or Sylvia Galbreath 6445 51st Avenue Vero Beach, FL 32967-5314 Jack Munn Gloria Munn 8905 Country Walk Drive Indianapolis, IN 46227 Jack R Morris or Jana Morris Emrick and Matthew R Morris 2802 Pin Oak Drive Anderson, IN 46012-3107 Jade Alexander Tillett Randall P Tillett Jr 150 Colony Drive Butler, KY 41006 Jama Lee Breeding William W Creasort 10315 44th Avenue West 2-5 Bradenton, FL 34210 James A Albrecht or Betty L Albrecht 1013 Imel Drive Anderson, IN 46012-4146 James A Alwine Lorraine Alwine 15595 Hearthstone Drive Mishawaka, IN 46545-1580 James A Broeckling and Linda L Broeckling 16371 US Highway 51 Centralia, IL 62801-6662 James A Butcher Janet K Butcher 106 Clearfield Hill Clearfield, KY 40313 James A Davis Marjorie K Davis 243 South Main Street Pendleton, IN 46064-1164 James A Jackson Laura J Mc Cart 10645 Kensworth Drive Indianapolis, IN 46236-8390 James A Jackson Stephen E MoCart 10645 Kensworth Drive Indianapolis, IN 46236-8390 James B Dinius or Judith C Dinius 16319 Wagon Trail Harlan, IN 46743-9760 James B Willis or Berline Wills 10036 East Troy Avenue Indianapolis, IN 46239 James Boster or Jacqueline I Boster 152 South Walnut Street Huntington, WV 25705 James Broomes Thelma Broomes 708 Americana Court Kissimmee, FL 34758-3305 James Burch Joyce Burch 2105 Shadow Fern Drive Louisville, KY 40216 James C Johnson or Mary Lela Johnson 33 South Elma Street Anderson, IN 46012-3139 James C Knudsen Adeline Knudsen 2817 Sioux Street Nampa, ID 83666-7922 James 0 Fowler or Mable R Fowler 2715 Highway 13 West Harrisburg IL 62946-4301 James 0 Fowler Trust 2715 Highway 13 West Harrisburg, IL 62946-4301 James 0 Hollingsworth or Marilyn A Hollingsworth 10 Old Westport Road Aberdeen, WA 98520-9523 James D Martell Sandra Martell 20207 Middle Road Caldwell, ID 83605 James 0 Robinson or Elizabeth M Robinson 942 Shagbark Court Columbus, IN 47201 James Dearing 1066 South Ouray Street Aurora, CO 80017 James Doty 1905 Kinney Avenue Austin, TX 78704 James Doty or Dutcineia Fialho Doty 1905 Kinney Avenue Austin, TX 78704 James E Walls Jeanne P Walls 2039 Beaverbrook Court Aiken, SC 29803 James F Doty or Walter Doty 1905 Kinney Avenue Austin TX 78704 James F Gray Mary Esther Gray 103 South Cross P 0 Box 32 Francisco, IN 47649-0032 James F Mayhew or Floyd Mayhew or Ethel Mayhew 419 2nd Avenue #2 Baraboo, WI 53913 James F Schaeffer Jr and Alice E Schaeffer Joint Trust 1975 Kindling Court Casselberry, FL 32707-413 7 James G Bridges or Bridges James G Bridges Jr and Janice K Gaunt and Jerrold L Bridges 173 Nursery Road Anderson, IN 46012-3177 James H Cadle Merleen Cadle James Edison Cadie 845 East 214th Street Bronx, NY 10467 James H Campbell or Frances E Campbell 8110 83rd Avenue North Seminole, FL 33777-3629 James H Knight or W Jay Knight and Homer B Knight 3839 South East 113th Aver iw Portland, OR 97266-2220 James H Spurry Wanda B Spurry 2211 South 8th Street Sheboygan, Wi 53081 James H Woodward or David L Woodward 279 South Butter Street Germantown, OH 45327-83 16 James H Woodward or Doris Woodward or Philip T Woodward 279 South Butter Street Germantown, OH 45327-8316 James H. Daniels Revocable Trust Fund 1170 E. Lorado Flint, Ml 48505-2330 James K Eaton or Jo A Eaton 3791 East 1700 North Summitville, IN 46070-9438 James I Hunt Violet M Hunt 4606 Onyx Avenue Klamath Falls, OR 97603-81 )73 James M Fox Edna E Fox 1105 Ranike Drive Anderson, IN 46012-2739 James M Harman Margaret M Harman 22 Genesis Pointe Lake Wales, FL 33653 James M Laton Mary K Lafon 1800 Mount Tabor Road Blacksburg, VA 24060-660E James Malbone Brenda Malbone 7314 East Diamond Street Scottsdale, AZ 85257-4013 James N Behnke or Helen Behnke 128 Asbury Drive Wilmore, KY 40390 James Niswander Mary N niswander 11664 West Freeland Road Freeland, MI 46623 James Noble 5594 Ramble Way Prescott Valley, AZ 86314 James 0 Dearing or Montzell Dearing 1066 South Ouray Street Aurora, CO 80017 James 0 Upchurch or Elouise K Upchurch 749 Renshaw Road Yazoo City, MS 39194 James P Brazil Marie Gilmore Brazil 115 North Galena Avenue Joplin, MO 64801-2119 James Parker Unitrust Church Extension, Trustee PC Box 2069 Anderson, IN 46018-2069 James Paul Burns or Linda B Burns 5511 Holjirose Drive Charlotte, NC 28227 James R Bradford Nancy L Bradford 3512 White River Court Anderson, IN 46012-4650 James R Covington and Ada M Covington Joint Trust Agreement 7065 Jackson Ridge Road Rockvale, TN 37153-4230 James R Green 3701 South Kemper Drive Arlington, VA 22206-2319 James R Green Rachelle P Green 3701 South Kemper Drive Arlington, VA 22206-2319 James Samuels Sr or Luerel Samuels 4713 Roxie Street Saint Louis, MO 63121 James Shanks 513 Albee Lane Midland, MI 48640-4101 James Sharp or Dorothy I-I Sharp 8704 Trapper Lane Knoxville, TN 37931-4258 James Taylor Delores A Taylor 31 Pine Hill Estates Kenova, WV 25530 James Treadway or Wanda Treadway 230 Cedar Grove Church Roac Camden, TN 38320 James W Clark Ernest D Clark 11411 Iron Works Road Winchester, KY 40391 James W Clark or Burna 0 Clark P. 0. Box 105 Etowah, TN 37331-0105 James W Clark or James W Clark Jr 11411 iron Works Road Winchester, KY 40391 James W McDowell P 0 Box 110 506 North Sandusky Catlin, IL 61817 James W Parker Trust 1455 Hampton Circle Goshen, IN 46526 James Waack Emily Waack 804 Polk Street Clarksville, TN 37040-2975 James Wilson Betty Wilson 707 Lakeland Drive Hot Springs Np, AR 71913-7669 Jamie C Ward or Jerry Ward Sunset Road Englewood, TN 37329 Jamie Marie Poe Trea L Poe 11027 Kasteel Court Clio. Ml 48420-2314 Jan Florczynski or Ruth Florczyrtski 116 Palmetto Drive Venice, FL 34293 Jane L Sawyer 6032 Chatsworth La Bethesda, MD 20814 Janet K Hayashi 12 Park Island Drive New Orleans, LA 70122 Janet L Beatty or David B Beatty or Louis 0 Mitten or Gladys M Mitten 171 Nursery Road Anderson, IN 46012 Janet I Meyer or Janet M Graham 717 South East 55th Portland, OR 97215 Janet L Meyer or Louis P Meyer 717 South East 55th Portland, OR 97215 Janet Wheeler Mykale Wheeler 3880 16th Street Ecorse, Ml 48229-1338 Janice J Neely Living Trust 1700 Cambria Place Cottage Grove, OR 97424 Janice I Chang and Eric K P Chang 990 Ala Nanala Street #7-A Honolulu, HI 96818-2961 Janice Rodgers or Ted Rodgers 5677 Waterloo Road Atwater, OH 44201 Janice W Patterson 1835 Franklin Street Suite 10 San Francisco, CA 94109-3455 Janie E Moore Charles N Moore 2070 Brampton Road Clearwater Beach, FL 33755-1307 Janie G Hunt Herbert Hunt 2404 Otsego Drive Fort Wayne, IN 46825-3853 Jared Bruzzese or Wayne Bruzzese or Barbara Bruzzese C!0 Barbara Bruzzese 1008 Wilson Boulevard Anderson, IN 46012-4543 Jason Gallon or Don Mark Gallon Jason M Gatton 1281 Harms Way Daytona Beach, FL 32019 Jason Todd Ostrand Mara Jean Ostrand 2135 Aberdeen Avenue South' Renton, WA 98055-4532 Jason W Ward or Jerry Ward 2025 Sulphur Spring Road Chillicothe, OH 45601-8791 Jay C Stahl 10842 Isaacs Court Leesburg, FL 34788-8855 Jay C Thompson Jr or Matth J Thompson and Jill E Thomp Busby and Mark W Thompson Ned A Thompson and Valerie. Thompson 700 North Forest Muncie, IN 47304 Jayelyn C Hall P 0 Box 3287 Mount Dora, FL 32784 Jean A Scott 3720 Red Bud Lane Kokomo, IN 46902-4352 Jean G Williams 4415 Angeles Vista Boulevarc Los Angeles, CA 90043 Jean I Alexander 589 East Hunters Drive #C Carmel, IN 46032-2833 Jean J Neely Living Trust 1700 Cambria Place Cottage Grove, OR 97424 Jean K Birtcil 3291 Old State Rd. Pinegrave P. 0. Box 27 Venus, PA 16364-0027 Jean 1< Birtcil or George D Birtcil 3291 Old State Rd. Pinegrave P. 0. Box 27 Venus, PA 16364-0027 Jeane H Lopatka 228 46th Street Apt #2 Union City, NJ 07087-6314 Jeane Whitmoyer or David Whitmoyer 9804 West 400 South Lapel, IN 46051 Jeanette 0 Cook Kristi Cook Harper Celeste Cook Carter 107 Landreaux West Monroe, LA 71291 Jeanne E Blocher Bert D Blocher 1218 Frances Lane Anderson, IN 460124522 Jeanne Eckelberg Mark A Ec1elberg 108 Manassas Drive Manassas Park, VA 20111-2333 Jeanne Eckelberg or Duane H Eckelberg and David P Eckelberg 108 Manassas Drive Manassas Park, VA 20111-2333 Jeanne V Lange P 0 Box 802 Penney Farms, FL 32079-0802 Jeanne V Lange or Nancy Redfern Vance and Steven K Lange P 0 Box 802 Penney Farms, FL 32079-0802 Jeff C Carroll Helen Garrott Box 349 Anna, IL 62906 Jenelle Wilson Terry Wilson 2505 South Glendale Sioux Falls, SD 57105 Jennifer Autumn Neise Adam Robert Neise 11093 Plum Hollow Circle Fishers, IN 46038-9140 Jennifer Cooper 1407 East 37th Street Anderson, IN 46013-5222 Jennifer Dupree Joan F Young Joseph Young 3309 lantha Street Savannah, GA 31404-4924 Jennifer Joy Kirby or David Warren Kirby 314 Elm Street Nacogdoches, TX 75965 Jennifer Nicholson 1503 Daleville Avenue Anderson, IN 46012 Jennifer Norman or Kathleen E Norman 2206 Catalpa Avenue South Bend, IN 46613 Jerald L Evans Carolyn J Evans 774 Woodlea Drive Otsego, Ml 49078-9798 Jerome Williams Estella Williams 321 Kirk Drive Saint Louis, MO 63135 Jerry C DeBolt and Diane K DeBolt, TRS, U/D/T Dated 6/20195 1771 Marsh Wren Way Palm Harbor, FL 34683-6144 Jerry Halt or Wanda 0 Halt 2200 Cedar Creek Road Greeneville, TN 37743-2522 Jerry R Filbin or Patricia Filbin 201 Oak Street Russell Height Russell, KY 41169 Jessalyn A Canupp Trust Under Agreement Dated 2/15,355 Kerr Canyon Road Cobden, IL 62920-3550 Jesse McCracken, Jr Trust U/ND 7/28192 2956 Indian River Drive N.E. Palm Bay, FL 32905 Jesse 0 Chambless Theda J Chambless 13366 Chatsworth Highway Ellijay, GA 30540-0231 Jesse 0 Griffith Living Trust 2770 West 236th Street Sheridan, IN 46069-9305 Jesse TWoociward or Frances B Woodward 1208 Ascot Lane Blacksburg, VA 24060-4042 Jessee A Tucker Jewel B Tucker 928 Jolinda Circle Venice, FL 34292-3446 Jessie Audrey Porter Gerald Lee Porter Jerron Ian Day Andrea Joy Hughes 212 Porter Road Oak Grove, LA 71263 Jewel B Tucker Jessee A Tucker 928 Jolinda Circle Venice, FL 34292-3446 Jewel E Cawthon Trustee U/ 8112193 Jewel E Cawthon Trw 2640 Delaware Drive Florissant, MO 63033-2506 Jillian Scozzafava or Deborah Duncan 1520 South Palmer #2 Laramie, WY 82070-4774 Jimmy Vandersaul or E Louise Vandersaul 2553 North 650 West Columbia City, IN 46725-8134 Jo A Eaton or Joy Bumiaster and Jerry Eaton and Jon Eaton 3791 East 1700 North Summitville, IN 46070-9438 Joan M Obert Brenda L Obert Pereira 20221 Hayes Road Big Rapids, MI 49307-9439 Joan M Obert Kimberly M Speese 20221 Hayes Road Big Rapids, Ml 49307-9439 Joan M Obert Michael A Obert 20221 Hayes Road Big Rapids, Ml 49307-9439 Joan M Wood Bruce Wood 4748 West 250 South Anderson, IN 46011-9445 Joan M Wood Monte Bryce Wood 4748 West 250 South Anderson, IN 46011-9445 Joan Quye as Trustee or He' Successor in Trust of the Joai Quye Trust U/AiD 9126195 7136 Chapel View Drive Clarkston, MI 48346-1600 Joann Ellen Mc Coy or W Roger Mc Coy 6469 West 300 North Columbia City, IN 46725-9149 Joanna Roberts Fern Newcomb 2106 West Cimarron Drive Peoria, IL 61614-3919 Joe Salinas P 0 Box 80901 Albuquerque, NM 87198-0901 John A Felts or Julia H Felts 600 Gladstone Road Norfolk, VA 23505 John B Beck or Neva A Beck 5001 Woodrose Lane Anderson, IN 46011 John Bobalc Jr or Agnes Bobak 80 Beech Glen Drive Black Mountain, NC 28711-9746 John C Williams 406 Bullard Parkway Tampa, FL 33617-5516 John Depue Jr P. 0. Box 364 Mustang, OK 73064 John E Gray or Frances] Gray 2038 Schodde Burley, ID 83318 John F Moe or Beth N Backus 717 Saint James Place Noblesville, IN 46060 John F Shue Frances C Shue 1498 Lane 29 Pueblo, CO 81006 John Fred Adams Evelyn L Adams C/O Jerry Freyman 1017 Alpine Drive Brighton, MI 48116-1775 John H Marsh or Glenice B Marsh 2506 Michael Court Anderson, IN 46012-4474 John Hamilton or Alma E Hamilton or Janet M Owens 133 South Bellwood Lot 53 East Alton, IL 62024 John Hamilton or Alma E Hamilton or Virginia F Post 133 South Bellwood Lot 53 East Alton, IL 62024 John J Abrams 1881 F Road Delta, CO 81416 John L Hicks Billie Hicks 50 Dearstone Lane Greeneville, TN 37743-8575 John M Hensley or Perry V Hensley 1305 Buchanan Topeka, KS 66604 John M Keith Jr and Helen I Keith Family Revocable Livin Trust Dated October 22, 1999 1144 East Bluebell Lane Tempe, AZ 85281-1610 John P Summers or Katherine V Summers 1601 East 8th Street Anderson, IN 46012-4135 John Paul Henning or Peggy Henning 2027 Airport Road Owensboro, KY 42301 John Petrovitz or Virginia M Petrovitz 443 Gardenside Drive S San Francisco, CA 94080 John R Johnson Agnes Whalen Johnson Deborah Graham 381 Coldstream Drive Danville, KY 40422-1011 John R Johnson Agnes Whalen Johnson Ginger Dodge 381 Coldstream Drive Danville, KY 40422-1011 John R Johnson Agnes Whalen Johnson Rik! D Johnson 381 Coldstream Drive Danville, KY 40422-1011 John Wand Cordetia P Still Trust 2801 1/2 West County Road 5 Fort Collins, CO 80524-9445 John W Failor Sr or B Loraine Failor, Trustees, Failor Living Trust 13505 Southeast River Road Milwaukie, OR 97222-8097 John W McCauley, Trustee c Elizabeth J McCauley, Trustee Under Declaration of Revocabi Living Trust Dated 9130194 17051 Tremlett Drive Clinton Twp, MI 48035 John W Naylor Phyllis Naylor 5567 Moro Road Moro, IL 62067-1319 John Wood Jr or Hazel Wood 308 North Dennis Street Pearisburg, VA 24134-1503 John Worthington Bettie Worthington 4954 East SR 236 Middletown, IN 47356 Johnathan A Telfer or Johnathan Roscoe Telfer 10692 Northhampton Drive Fishers, IN 46038-2658 Johnathan R Telfer Beverly Telfer 10692 North Hampton Fishers, IN 46038 Johnathan Scozzafava or Deborah Duncan 1520 South Palmer #2 Laramie, WY 82070-4774 Joint Revocable Inter Vivos Trust Agreement of James L Southards and Betty Louise Southards HCR I Box 1675 Sycamore, MO 65760 Jonathan Andrew Beverly Lillian Cannon 6491 North Daden Drive Alexandria, IN 46001-8140 Jonathan 0 Lloyd or Mary Lou Lloyd CIO Universtiy Church 6630 East University Mesa, AZ 85202 Jonathan David Brenner Deborah C Perrot 829 West State Street Albany, IN 47320-1516 Jonathan E Parsons or Kenneth L Parsons 1021 Halliahurst Avenue Vinton, VA 24179-1802 Jonathon Myers 2881 West M-21 Saint Johns, MI 48879-9502 Jonathon Myers Connie Myers 2881 West M-21 Saint Johns, MI 48879-9502 Joseph A Young Joan F Young 3309 lantha Street Savannah, GA 31404 Joseph Decker, Paul E. Deci or Dennis M. Decker or Lona Aria Decker, Trustees for Jospeh Decker 605 Park Avenue Anderson, IN 46012 Joseph F Bays Mary C Bays 12651 East 166th Street Noblesville, IN 46060-9496 Joseph G Reynolds Sr or Annatee Reynolds 45 East Bobby Avenue Marion IN 46953 Joseph H Stephenson and Dean L Stephenson, Co-Trustees UIT/D 8115/91 10 Brookwood Circle Northeas Arab, AL 35016-7005 Joseph I Tooley or Connie Jo Tooley 1544 Harrison Drive Greenwood, IN 46143 Joseph Rattray or Yvonne Rattray 1107 Berkshire Lane Berrington, IL 60010 Joseph Toth dance 0 Toth 5709 Tanager Street Schererville, IN 46375-5304 Joshua K Summers and Kevin 0 Summers or Cyncly Summers 314 Garden Road Normal, IL 61761-2332 Joshua Ryan Miller Russell E Miller 712 University Boulevard Anderson, IN 46012-3002 Joshua Ryan Miller or Jennifer Autumn Neise 712 University Boulevard Anderson, IN 46012-3002 Josie Williams or Ona Goza 2114 Dwight Avenue Flint, MI 48503 Joy L Duzy or Sherrill Duzy 3115 Pleasant Plain Avenue Elkhart, IN 46517 Joyce A Davis 7415 Tropicana Avenue West Melbourne, FL 32901 Joyce A Sanders Alex Anderson 2320 Barefoot Trace Atlantic Beach, FL 32233-6603 Joyce A Sanders or Curtis M Sanders Jr 2320 Barefoot Trace Atlantic Beach, FL 32233-6603 Joyce A Whitney or Dean Whitney 701 Schade Street Yakima, WA 98901-5701 Joyce Burch James Burch 2105 Shadow Fern Drive Louisville, KY 40216 Joyce D Alford Sandra 0 Key 1346 Somerset Place Washington, DC 20011-1135 Joyce E Boudreaux or Robert E Boudreaux 4132 Lancaster Circle Waldorf, MD 20603 Joyce Elaine Preston Revocable Trust Dated 3-4-97 Joyce E Preston, Trustee 2697 Del Mar Drive Grand Junction, CO 81506-1752 Joyce J Carter 5226 Zelma Amarillo, TX 79109 Joyce K Allen Unitrust CIO Church Extension P0 Box 2069 Anderson, IN 46018-2069 Joyce Kern Wendy K Shea 1265 Flintlock Drive Daytona Beach, FL 32119 Joyce L Bryant or Roy L Bryant 420 44th Street North Great Falls, MT 59405 Joycelyn Collymore 185 Hall Street #1601 Brooklyn, NY 11205 Joycelyn Collymore or Donna Collymore 185 Hall Street 91601 Brooklyn, NY 11205 Joycelyn V Collymore or Deborah Frieson 185 Hall Street #1601 Brooklyn, NY 11205 Joycelyn V Collymore or Edwardina Haynes 185 Hall Street #1601 Brooklyn, NY 11205 Joynes Road Church of God Mae Rankin, Treasurer 31 Joynes Road Hampton, VA 23666-4556 Juanita D Kuhn 221 Southeast 53rd CA Ocala, FL 34471-3406 Juanita J Hicks Lewis M Hicks 9328 Fairground Road Louisville, KY 40291-1322 Juanita Keister Marlene Fields 406 Doral Park Drive Kokomo, IN 46901 Juanita L Eades 173 Martin Lane Moultrie, GA 31768-0626 Juanita Potts April Nicole Richard 4078 Vern Drive Madisonville, KY 42431-5841 Juanita Potts Bryce I Gibson 4078 Vern Drive Madisonville, KY 42431-5841 Juanita Potts Kalen R Gibson 4078 Vein Drive Madisonville, KY 42431-5841 Juanita Potts Micah Gibson 4078 Vern Drive Madisonville, KY 42431-5841 Juanita Potts Tijuana Guynn 4078 Vern Drive Madisonville, KY 42431-5841 Juanita Potts Tonia Gibson 4078 Vern Drive Madisonville, KY 42431-5841 Juanita R Harpine Harry E Harpine 3619 5th Avenue North Great Falls, MT 59401-2207 Juanita W Taylor or Jean Lutz 131 6th Avenue Southwest #D South Charleston, W¼/ 25303-1443 Judith K Trentaz 1748 South Newland Street Lakewood, CO 80232 Judith M Hannah 1957 North 150 West Wabash, IN 46992-8759 Judith R Stra user 431 Cobb Lane Springville, IN 47462-5270 Judith Zentner 341 4th Avenue Northeast Hickory, NC 28601 Judy EMartin or Christopher Martin 1600 North 9th Street #813 Midlothian, TX 76065-2176 Jueldine Pennington Rita Yeager 801 Huntington Avenue Warren, IN 46792 Julia Anne Thorpe and Denyse M Thorpe 6203 Flynn Road Indianapolis, IN 46241-9518 Julia Anne Thorpe or Denyse Miller Thorpe 6203 Flynn Road Indianapolis, IN 46241-9518 Julia E Richardson 301 East Cumberland Road Saint Elmo, IL 62458 Julia M Register or Paul R Register 2547 Richwood Drive Richmond, IN 47374-4660 Julia P Gabor or Joan M Klein 4702 Bethel Creek Drive Vero Beach, FL 32963-1289 Julie F Scozzafava or Deborah Duncan 1520 South Palmer #2 Laramie, WY 82070-4774 Julius Carriker and Barbara B Carrikor Trustees for the J & B Carriker Trust 312 South West Wonderview (Gresham, OR 97080 June C Pedigo or Don Pedigo 710 North Worth Sullivan, IL 61951 June Coburn or Judith Hannah 65 Grant Street Wabash, IN 46992-1206 June Rice Kathleen E Norman 4822 Selkirk Drive South Bend, IN 46614-3425 June Rohrback or James W Rohrback 2210 East 53rd Street Anderson, IN 46013 June Walker Standafer and Caleb Boyd Standafer, Sr 380 Elk Drive Cottage Grove, OR 97424 Justine Miller 6680 Thornapple River S Eas Grand Rapids, Ml 49512 Kamalita T Darby 5265 Sanchez Drive Los Angeles, CA 90008-1138 Kara C lsenhart Nancy A Isenhart 7505 Colonial Drive Extension Niagara Falls, NY 14305 Karen Hooten or Ruth E Gar Estate Route 1 Box 229-H Seminole, OK 74868 Karen J Hazen or Florence H Gimse 27 Rollin Hills Boulevard Effingham, IL 62401 Karen K Weaver P 0 Box 852 Standish, Ml 48658-0852 Karen L Hooten Revocable 1 Route I Box 229-H Seminole, OK 74868 Karen Thompson Derrick M Thompson 1303 Superior Avenue Calumet City, IL 60409-5921 Karen W Lane Veralee Bontrager 1040 Wiltetta SW. Apt. 2 Albany, OR 97321-2000 Karlene N Arnett Charlotte J Lyman 5606 Southeast Rural Street Portland, OR 97206-8265 Katherine D Evitts Clarence Evitts 4032 East Washington Road Ithaca, Ml 48847 Katherine E Triest Barbara Triest 7471 Donald Street Keystone Height, FL 32656-9314 Katherine Fluck 2612 Briarwood Drive San Jose, CA 95125-5060 Katherine V Summers or Me Hull and Monte Summers and Meredith Summers 1601 East 8th Street Anderson, IN 46012-4135 Katherine V. Summers or Jo P. Summers 1601 East 8th Street Anderson, IN 46012-4135 Kathleen S Howe 3202 Evergreen Ridge Drive Cincinnati, OK 45215-5718 Kathryn M Sherry 34531 Lakeland Avenue Leesburg, FL 34788 Kathryn Marie Sherry Income Trust 34531 Lakeland Avenue Leesburg, FL 34788 Kathryn Root or Louise C Hyatt or Mary L Pieratt or Texas Revolving Loan Fund 4202 Parkcrest Houston, TX 77034 Kathryn Root or William D R4 4202 Parkcrest Houston, TX 77034 Katie Absher or Allen Absher 803 Friar Tuck Lane Salisbury, MD 21804-9016 Katie E Gant Barbara Ann Leathers 1113 West Cleveland Ponca City, OK 74601 Katie M Bilderback or Harold Bilderback 445 Kathy Lane Poplar Bluff, MO 63901-9116 Katrina Whitehead and Terri Whitehead 4523 County Road 3221 Lone Oak, TX 75453-6046 Kay E Broyles or Charlotte J Broyles 980 Warrensburg Road Greeneville, TN 37743 Kaylee A Summers and Kevin D Summers or Cyndy Summers 314 Garden Road Normal, IL 61761-2332 Keith Flegel Irene FIegel 4128 West Street Charles Ithaca, Ml 48847-9749 Keith Jones or Barbara Triest 635 Highland P 0 Box 292 Keystone Hghts, FL 32656-0292 Kelly Ann Howard or Glen E Howard 4558 Highway 29 Richton, MS 39476 Kelly D Edgington or James Edgingtori p a Box 3474 Rapid City, SD 57709-3474 Kelsey L Meyer or Donald W Berry 12419 BayliiU Drive Carmel, IN 46033 Kelsey L Meyer or Krista Meyer or Steven Meyer 12419 Bayhill Drive Carmel, IN 46033 Kenith E Cook or Eunice M Cook 5807 Columbus Avenue Anderson, IN 46013-3017 Kenneth A Davis or Marjorie Davis 1525 West Timberview Drive Apt 424 Marion, IN 46952-1655 Kenneth E Blevins or W Earl Blevins p o Box 7910 Tampa, FL 33673-7910 Kenneth E Lemons 4908 Orion Avenue Indianapolis, IN 46201-4833 Kenneth F Halt Arlene S Hall 714 College Drive Apt 0 Anderson, IN 46012-3400 Kenneth G Walters Karen Walters 6000 East De Avenue Kalamazoo, Mt 49004-9619 Kenneth H Johnson Bernice M Johnson 6020 Shore Boulevard South A Gulfport, FL 33707-5834 Kenneth I-I Johnson or Bernice M Johnson or Esther Bragg or Bobby Bragg 6020 Shore Boulevard South Gulfport, FL 33707-5834 Kenneth L Crose or Mabel L Crose 1508 Patterson Street Anderson, IN 46012-4165 Kenneth L West Bertha West 4144 Kenzie Boulevard Jackson, Ml 49201 Kenneth Mc Swain Eeva Mc Swain 45 Hump Road Hagerstown, MD 21740-5133 Kenneth N Hyatt or Charlotte L Hyatt 905 Crevasse Street Lakeland, FL 33809 Kenneth R Berry Sarah Irene Berry 206 Jasper Way Crownpointe Anderson, IN 46012-3299 Kenneth R McCIow Darlene M McClow 2361 Ecuadorian Way Apt 3 Clearwater Beach, FL 33763-3437 Kenneth Reed Wanda M Reed 1011 Hickory Ridge Road Waddy, KY 40076 Kenneth Reining 376 West Ash Avenue Decatur, IL 62526-1709 Kenneth Reining Pauline Reining 376 West Ash Avenue Decatur, IL 62526-1709 Kenneth Scheierman or Mabel Schelerman 32547 Highway 24 Stratton, CO 80836 Kenneth W Cleary or Wilma L Cleary 7102 18th Avenue West Bradenton, FL 34209-4948 Kenneth Weisheit Sha Lyn Weisheit 3814 Wilshire Drive Farmington, NM 87402-4735 Kenneth Wright 6557 South Victoria Avenue Los Angeles, CA 90043 Kent H Merideth or Linda Merideth 3727 Quail Lane Anderson, IN 46012-9244 Keri L Mitchell Zonla L Mitchell 500 Chickasaw Drive West Monroe, LA 71291 Ken Mitchell Dennis R Mitchell 500 Chickasaw Drive West Monroe, LA 71291 Kevin Dee Sheely or Cindy Jean Sheely 12214 Southeast 179th Place Renton, WA 98058-6522 Kevin L Nielsen 14501 Lakeview Circle Shakopee, MN 55379-9124 Kiah Nicole Crittendon Marilyn C Staples 5225 Huntcrest Place Mableton, GA 30126-2072 Kimber Ann Hunt Daniel J Hunt 4606 Onyx Avenue Klamath Fails, OR 97603 Kimberly S Mc Clain or Mary Ann Mc Clain 6707 Vintage Hudsonville, MI 49426 Kinnelon Church of God Marvel 0 Sortino, Treasurer 201 Kakeout Road Kinnelori, NJ 07405 Kira Smith 2903 East 5th Street Anderson, IN 46012 Kirby Avenue Church of God Vernon Reese, Treasurer 610 East 9th Street Muncie, IN 47302-3430 Kirstie L Scharr and Rodney C Scharr 1957 East Minton Drive Tempe, AZ 85282-7355 Kriebel Revocable Trust 1909 East Sixth Street Anderson, IN 46012 Kristi Zandofsky 202 North Washington Avenu' Centralia, WA 98531-2829 Kristin M White or John White 610 Chewase Drive Gatlinburg, TN 37738-3617 Kristy L Dennis or Daryl Dennis or Joy Messick Dennis 2001 Sheley Woods Road Nicholasville, KY 40356-8305 Kuniko Kawasaki or Aki Kawasaki 3625 Dogwood Drive Anderson, IN 46011 LB Augustson 871 East Pleasant Avenue Tulare, CA 93274 LB Augustson or Joy Augustson 871 East Pleasant Avenue Tulare, CA 93274 L Elizabeth Belcher John A Belcher 3893 South Monroe City Road Monroe City, IN 47557-7029 I Emerson Reynolds Patricia Reynolds 187 Oak Tree Lane Ozark, MO 65721 L Jack and Rosella L Flanagan Revocable Trust Dated 5/4195 11cr 4 Box 8 Texhoma, 01< 73949 Lacy Catherine Peterson or Beverly A Peterson 3125 7th Street Drive Northea Hickory, NC 28601 Lacy Lyn Stock Joy L Loyd Randy E Loyd 1212 North Madison Avenue Anderson, IN 46011 Lafayette Ave Church of Goc Ilene I Granderson-Treasurer 404 Lafayette Avenue Brooklyn, NY 11238 Lance Kenworthey and Jesse Kenworthey 73025 Highway 41 Pearl River, LA 70452 Larrie R Pike or Darlene K Pike 4560 Asheville Highway Greeneville, TN 37743 Larry A Bechtel Lois 0 Bechtel Route 3 Box 3606 Thayer, MC 65791-9309 Larry A Nelson 110 North Market Madrid, IA 50156 Larry A Nelson Carol Nelson 110 North Market Madrid, IA 50156 Larry F Compton or Mary 14 Compton 7129 Millard Highway Pikeville, KY 41501-8101 Larry Hartzler or Beverly Hartzler 2121 South 1000 East Akron, IN 46910 Larry L Mc Caw L Maxine Mc Caw 14309 Pommel Lane Matthews, NC 28105-3929 Larry Moerike or Lucille Moerike 2520 East Avenue Cody, WY 82414 Larry N Taylor or Lynda Taylor 2204 South Michigan Caldwell, ID 83605 Laura Coe Jim Coe 3429 South Terrace Road Tempe, AZ 85282-5538 Laura G Darby H Darrel Darby 655 Whitaker Boulevard W #5' Huntington, WV 25701-4664 Laura M Boyer or James E Talkirrgton 2201 Kitchen Drive Anderson, IN 46017-9794 Laura M Jones or Barbara Triest P. 0. Box 292 Keystone Heights, FL 32656 Laura Stickney Orville Stickney 1096 Wiggins Lake Road Gladwin, MI 48624 LaVeme Webster C/O J Perry Grubbs POA 1114 Garnet Drive Anderson, IN 46011-9513 Laveta M Cervantez or Frank Cervantez 669 South 7th Springfield, CO 81073 LaVonne Little Trust U/A Dated September 15, 1994 LaVonne Little Trustee 1339 South Central Avenue Lime, OH 45804-2129 Lawrence E Cook 3110 North 65 Lincoln, NE 68507-2573 Lawrence E Mc Clure or Della J Mc Clure or Emmett J Mc Clure Sr 913 Lafayette Street Anderson, IN 46012-2943 Lawrence Foley and Pinkie D'Ella Foley 5519 La Cienega Boulevard Los Angeles, CA 90056 Lawrence H Kroesing Geraldine Kroesing 1929 Grand Prairie Road SE Apt 110 Albany, OR 97321-5678 Lawrence Kroesing Marilyn Myers 1929 Grand Prairie Road SE Apt 110 Albany, OR 97321-5678 Lawrence L and Marjorie L Smith Trust Dated 12/19196 6549 East Cr 300 South New Castle, IN 47362 Lawrence Maxedon or Eva Mae Maxedon 2625 Route 121 Northwest Decatur, IL 62526 Lawrence P Wyatt or Artelia V Wyatt 17371 Annchester Road Detroit, Ml 48219-3526 Lawrence S Slabaugh Cynthia M Slabaugh 1011 North Greene Road Goshen, IN 46526-1124 Le Claire Roe Angus and Aileene Zella Angus Trust 311 Mc Court Street Klamath Falls, OR 97601-934 Leah J Reames C/O David Reames P0 Box 2498 Anderson, IN 46018-2498 Lebanon Church of God Rhonda K. Clark-Treasurer 726 North Henry Street Lebanon, IN 46053 Leburn L Miller Dorothy Miller 2307 East 3rd Street Anderson, IN 46012-3252 Lee Dean Preston Revocabl Trust Dated 3-4-97, Lee D Preston, Trustee 2697 Del Mar Drive Grand Junction, CO 81506 Lee P Schweighardt or Michael Schweighardt Hcr 69 Box 1373 Frenchburg, KY 40322 Lela M Wayman Billie M McCoy 19872 Arrowwood Drive Bend, OR 97702-9054 Lena Wright, Trustee or the Successor Trustees, Under th Lena Wright Living Trust Date( 35132 2114 Juanita Lane Deer Park, TX 77536 Leola Gove or Maurice Gove 2708 West M 21 Saint Johns, Ml 48879 Leon WVan Norman and Sarah M Van Norman TTEES Van Norman Living Trust Date 32546 151 Mason Road Battle Creek, MI 49015 Leona S Morey Donald R Morey 4931 33rd Road North Arlington, VA 22207-2803 Leona V Ritchhart Trust K F Ritchhart, Trustee 12203 Bridgewater Road Indianapolis, IN 46256-9428 Leonard Hartley or Maryann H Hartley P0 Box 113 Inverness, FL 34451-0113 Leonard M Steele Linda C Blankenship 202 East King Street Sullivan, IL 61951 Leonard M Steele Tillie Steele 202 East King Street Sullivan, IL 61951 Leonard Steininger and Trev Steininger Living Trust Dated 5125193 665 General Avenue Battle Creek, Ml 49015-1293 Leonard W Loft or Olamay Loft 377 Monterey Street Highland Park, Ml 48203 Leota 0 Cole 1628 B Avenue Northwest Cedar Rapids, IA 52405-3716 Leota 0 Cole Guy J Cole 1628 B Avenue Northwest Cedar Rapids, IA 82405-3716 Leroy Falling or Florence L Falling 2611 Meadow Way Anderson, IN 46012 Leroy Maugh or Velma Maugh 8007 North Denver Avenue Ap Portland, OR 97217-6666 Leslie J Shaffer P 0 Box 2362 Morganton, NC 28680-2362 Lester B Mottler Dana M Mortier 16410 Southwest Shaw Beaverton, OR 97007-2056 Lester E Cash or Laura W Cash 830 13th Court Northeast Winter Haven, FL 33881-4306 Lester 0 Pheister or Mary M Pheister 5095 South Union Street 57 Columbia City, IN 46725 Leta M Henslee or James E Logue or Connie J Keys 300 East Rolla Street Hartville, MO 65667-8205 Letha Radke 6666 North Columbia Way Portland, OR 97203 Lewis E Geiwitz Sue L Geiwitz 552 Terrace Drive Rio Rancho, NM 87124 Lewis E Hyslip or Barbara Hyslip 107 Cedarbrook Way Southwa Calgary, AB T2W 3Z7 CANADA Lewis M Hicks or Juanita J Hicks 9328 Fairground Road Louisville, KY 40291 Lewis P Demmer Sr Doris E Demmer 309 So 7th Street Yakima, WA 98901 Libby-Joy P Flewelten or Mayme L Flewellen 35 West 149th Street Dalton, IL 60419 Lila N Eckelbarger In Trust for Gary B McCarroll 1211 Tedrow Lakeland, FL 33805-3975 Lilian Eutsler or David C Eutsler and Mark L Eutsler 208 East South Street Box 112 Linden, IN 47955 Lillian Groth or Lori Enders 3190 East Empire Avenue Benton Harbor, MI 49022-9718 Lillian S Ricketts 1500 Posey Hill Road Mount Juliet, TN 37122-6017 Lillian S Ricketts or Clifton Ricketts and Johnnie G Ricketts 1500 Posey Hill Road Mount Juliet, TN 37122-6017 Lillian Spielmeyer or Barbara Durham 333 Union Avenue Bellmawr, NJ 08031 Lillie M Williams or Emery C Williams 719 West 12th Street Anderson, IN 46016-1234 Lincoln Avenue Church of Gi Willena Boyd-Treasurer 704 South Lincoln Avenue Dixon, IL 61021 Linda Conner and Anne Conner or Doug Conner 709 High Street Anderson, IN 46012-3020 Linda E Stinson James F Stinson 4225 Orchard Drive Galesburg. IL 61401 Linda Greer or Donald Ray Greer 8536 Talton Street Houston, TX 77028 Linda Joy McAllister Robinson or Dorcas Carol McAllister or Joseph Walter McAllister or Jeffery Layne Robinson 2240 Boulevard Napoleon Louisville, KY 40205 Linda Salisbury or Regal Salisbury 5333 Glenwood Avenue Lansing, MI 48910 Lindasue E Aspinwall or Susan L Rider 3560 Monroe Road Allegan, Ml 49010 Lirinea Hanson Living Trust UTO 2128196, Hal Reynolds, Trustee do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Clifford ID Hanson do Hal Reyiiolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or David E Reynolds do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Elaine H Sherwood do Hal Reynolds, Trustee 4217 Scatterfielcl Road Anderson, IN 46013 Lirinea Hanson or Harold C Reynolds do Hat Reynolds, Trustee 4217 Scattertield Road Anderson, IN 46013 Linnea Hanson or Lois Maybray c/a Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Melvin H Reynolds do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Paul E Hanson c/c Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Paul F Reynolds do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Robert P Hanson do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linnea Hanson or Ronald E Hanson do Hal Reynolds, Trustee 4217 Scatterfield Road Anderson, IN 46013 Linville G Reed Barbara A Reed 913 Kentucky Avenue Norton, VA 24273-2403 Lisa Helterbrand or Lacy Garland 197 Pine Crest Camp Road Beattyville, KY 41311 Livengood Living Trust P 0 Box 2009 Kerrville, TX 78028 Living Trust of Hence Allen Jr. and Thelma Ray Allen Co-Trustees 112 Nobles Terrace Palatka, FL 32177-7778 Living Trust of Thelma Ray Allen, Thelma Ray Allen and Hence Allen Jr, Co-Trustees 112 Nobles Terrace Palatka, FL 32177-7778 Lizzie R Deans or Joyce ID Alford 323 Gallatin Street Northwest Washington, DC 20011 Lizzie S Smith 1840 Camphellton Road Sout Apt SS7 Atlanta, GA 30311 Lloyd I-I Means or Julia Means 315 South Maine Ringwood, OK 73768 Loiree S Collins or Ryan K Grigsby 1088 Blue Mill Road Del Rio, TN 37727 Loiree S Collins or Vunmi M Grigsby 1088 Blue Mill Road Del Rio, TN 37727 Lois A Darrow 4910 Graston Avenue Louisville, KY 40216-2404 Lois A Fox Ronald H Fox 2039 North Lynhurst Drive Speedway, IN 46224-5409 Lois Bartels 1875 Salem Church Road Humboldt, TN 38343 Lois E Bartels or Charles Bartels 1875 Salem Church Road Humboldt, TN 38343 Lois E Patrick 1602 Linval Street Lansing, Ml 48910 Lois F Madsen 14 Westland Court Binginyton, NY 13905 Lois J Downs or Cas A Downs or Gary L Downs and Robert A Downs and William R Downs 930 Hawthorne Avenue Anderson, IN 46011 Lois J Hartman do Marsha Manfre 912 Audrey Lane Prescott, AZ 86301-1726 Lois J Hartman or Esther L Compton do Marsha Mantra 912 Audrey Lane Prescott, AZ 86301-1726 Lois K Gulick 915 Louisiana Avenue Cumerberland, MD 21502 Lois 1 McDowell 6621 Walrond Kansas City, MO 64132 Lois L Sliackleton 7417 South 41st Way Phoenix, AZ 85042 Lois Layton 1640 CO Road 514 Ignacio, CO 81137 Lois Mersing or William 0 Mersing 3238 Vine Street Grandville, Ml 49418-1025 Lois R Harris Margaret J Marsh 4203 South 109 E. Avenue #1 Tulsa, OK 74146 Lola 0 Wyatt or Raymond Wyatt 716 North 6th Street Marmaduke, AR 72443 Lola McLandsborough 3560 Monroe Road Allegan, Ml 49010-9467 Lola R Crosthwaite Leola M Crosthwaite 431 North Wilson Avenue Morehead, KY 40351 Lolita 0 Maddox or J Terrie Maddox 430 Fountain Street Port Charlotte, FL 33953-1939 Lonnie and Virginia Swann Trust 208-1 Blair Avenue West Monroe, LA 71291 Lorain Owens Trustee, Lorain Owens Trust Dated 31280 7107 North Brooklyn Avenue Gladstone, MO 64118-2899 Loren 0 Hyatt Marjorie A Hyatt 2750 South Homer Midland, Ml 48640-9331 Loren F Stephenson Betty I Stephenson 9661 East 28th Street Tulsa, OK 74129-7002 Loren I Nelson or Dora H Nelson 7328 19th Avenue Northeast Seattle, WA 98115 Loren J Patrie Anne Patrie 4250 2nd Street Northeast .. Bowdon, ND 58418-9367 Loran J Patrie Miles Patrie 4250 2nd Street Northeast Bowdon, ND 58418-9367 Loren R Storer Eunice M Storer 11406 Riderwood Drive Houston, TX 77099 Lorene Mc Near 572 Davis Road Campbellsville, KY 42718 Lorina Munn or John Mitchum 204 North Sycamore Street Doniphan, MO 63935-1845 Lorraine Alwine James Aiwine 15595 Hearthstone Drive Mishawaka, IN 46545-1560 Lottie Walker Gilbert Walker Mary A Walker 109 East 14th Street Higginsville, MO 64037-1209 Louie A Ross Anna F Ross P 0 Box 262 Elma, WA 98541-0262 Louie 0 Finn 5818 Bar Del East Drive Indianapolis, IN 46221-4403 Louis Eswine or Madeline L Eswine 22 Frisco Street Festus, MO 63028-1323 Louis Frost 26026 Red Corral Road Laguna Hills, CA 92653 Louis 0 Mitten or Gladys M Mitten 600 Main Street #121N Anderson, IN 46016-1543 Louis R Anderson and Ilene Anderson 353 North 12th Avenue Brighton, CO 80601 Louis S Royster and Beulah Royster, Trustees UDT Dated June 1, 1994 CIO James Royster 5136 Phillips Drive Geneva, 01-i 44041-9761 Louise C Hyatt or Kathryn C Root or Mary Lee Pieratt or Texas Revolving Loan Fund 2313 Coryell Street League City, TX 77573-2765 Louise C Kinzie 2305 Carriage Lane Knoxville, TN 37920 Louise C Roby or Debra L IDout P0 Box 1776 Anna Maria, FL 34216-1776 Louise C Roby or Robert DoutJr P 0 Box 1776 Anna Maria, FL 34216-1776 Louise C Stokely H Alan Stokely 3610 East Denman Avenue Lc Lufkin, TX 75901-6769 Louise Dairies 308 W 33rd Street Apt. 10 Scottsbluff, NE 69361-4369 Louise Knowles Willie Maude Smith Edna L Smith 1690 Detroit Avenue Northwes Atlanta, GA 30314-1602 Louise N Williams, Trustee, Revocable Trust Dated 35930 102 Andrews Road Fountain Inn, SC 29644-9135 Louise 0 Barton Susan Barton 4601 Southeast 39th Avenue Portland, OR 97202-4069 Louise 0 Barton Women of the Church of God Mary's Fund 4601 Southeast 39th Avenue 4 Portland, OR 97202-4069 Louise 0 Barton or Missiona Board of the Church of God - Lebanon Child Support 4601 Southeast 39th Avenue 9 Portland, OR 97202-4069 Louise V Stutzman 5700 Fremont Street Apt 329 Lincoln, NE 68507-1682 Louisiana Church of God Youth Fellowship Scott Lamb, Treasurer 24 Town Oaks Drive Marshall, TX 75672 Louretta Parlette Richard Parlette 5748 Campbell Boulevard Lockport, NY 14094-9201 Lovell Sorrell or Shirley A Sorrell 2527 Meadow Way Anderson, IN 46012 Loyal E Altman or Alan L Altman and Galen J Altman 3764 Swadley Street Wheat Ridge, CO 80033-5338 Lucille H Brown 321 Coventry Drive Anderson, IN 46012-3756 Lucille H Brown or R Delon Hull and Rebecca G McQuain and Timothy R Hull 321 Coventry Drive Anderson, IN 46012-3756 Lucille M Scott or Susan Coleman 1396 East Us 36 Markleville, IN 46056 Lucille P Hope or Malcolm B Hope or Richard Hope 5779 North SR 9 Anderson, IN 46012 Lucille P Hope or Richard Hope 5779 North SR 9 Anderson, IN 46012 Lucille Payton or Robert Payton 925 North Madison Street Beaver Dam, KY 42320-1540 Lucille Stapleton Trust, Robert Stapleton, Trustee 4672 Canterbury Court Ashland, KY 41101 Lucy Campbell or Jane Allen 515 Windsor Lakeland, FL 33803 Lucy M Tucker P0 Box 225 Greencastle, IN 46135-0225 Lucy Nell Tedrick or Frances Ann Rarer 235 Old Piney Road Marion, KY 42064-1937 Lucyan L Ellis TTEE U/A DT 7118/91 For Lucyan & Orallee B Ellis Trust 2532 Ken Gray Boulevard West Frankfort, IL 62896-9669 Lucyan Louie Ellis TTEE ULS DTD 7/18191 for Lucyan & Oralee B Ellis Trust 2532 Ken Gray Boulevard West Frankfort, IL 62896-9669 Luis Castro Jr R R 4 Box 836 Ottawa, IL 61350-9804 Luis I Castro 113 West Kent Street Streator, II 61364-2130 Luke McDaniel or Paul Mc Daniel 8395 Eastbay Drive Indianapolis, IN 46236-9315 Lula B Wallace 948 Blue Mountain Lane Antioch, TN 37013-1798 Lula Hancock or Preston Ervin Jr or Willie T Barrow 7736 South Euclid Street Chicago, IL 60649-4612 Luleen Sigler or Sandra R Sigler Route 3 Box 176 San Augustine, TX 75972 Lulua Howard Rosemary A Hendrick 2222 Leith Street Flint, MI 48506-2822 Lundy E Harvey or J Irene Harvey 4012 Scatterfield Road Anderson, IN 46013 Luther C Keeton or Phyllis L Keeton 1215 Third Loop Road Florence, SC 29505-3712 Luther K Glistrap or Mary Gilstrap 108 Edgewood Drive Bedford, IN 47421 Lyda Barnett 69 Kenna Drive South Charleston, WV 25309-2611 Lydia E Johnson Allen W Moore 0676 South Jadden Road Marion, IN 46953 Lydia Mueller or Paul Henry Mueller 3406 Dominion Street #313 Bismarck, ND 58503-5590 Lyle Haney 5178N 850E North Webster, IN 46555 Lyle S Calkins Alta B Calkins 4200 Ankar Park Drive #125 Bellingham, WA 98226-5556 Lyle Spaugh 213 Leisure Way Palmetto, FL 34221-5444 Lynda M Bridges 70 20th Avenue Northwest Hickory, NC 28601-1835 Lynda M Bridges or Robert E Martin 70 20th Avenue Northwest Hickory, NC 28601-1835 Lynn A Welch or Marilyn Welch 302 West 9th Port Angeles, WA 98362 Lynn H Smith Lorraine R Smith 2302 Veirs Mill Road Rockville, MD 20851-1829 • Edgar Mc Guire or Betty L Mc Guire 8115 South 81 West Avenue Tulsa, OK 74131 • Lucille Warren Mark W Warren 2810 Grapefruit Drive Auburndale, FL 33823-4902 • Ruth Nelson Trustee, M R Nelson Revocable Trust UTD 35233 8271 Spruce Drive Reading, MI 49274-9755 • Wayne Absher or E Marie Absher 2501 Larkspur Drive Johnson City, TN 37604-2420 Mabel Baldwin Byrum Wallace 102 Greenbriar Camil, IL 62821 Mabel Baldwin Gaylord Wallace 102 Greenbriar Carmi, IL 62821 Mabel Baldwin or Hazel Stanislowsky 102 Greenbrier Carmi, IL 62821 Mabel Baldwin or Kestner Wallace 102 Greenbrier Camil, IL 62821 Mabel Baldwin or Kestner Wallace or Evelyn Wallace 102 Greenbriar Carml, IL 62821 Mabel L Crose or Kenneth L Crose 1508 Patterson Street Anderson, IN 46012 Mabel M Ratzlaff John Ratzlaff Carol Ann Richman Harter House, Apt. 230 600 Main Street Anderson, IN 46016 Mabel R Fowler Trust 2715 Highway 13 West Harrisburg, IL 62946-4301 Mabel Scheierman or Kenneth Schelerman 32547 Highway 24 Stratton, Co 80836 Mabel V Mitchell Dortha M Kuhlman 5365 Georgia Pine Place Marbury, MD 20658-2217 Mable I Wilhelm Revocable Trust 1875 South 500 West Huntington, IN 46750-9128 Mable White Edison C White 3918 South Clarks Creek Roac Plainfield, IN 46168 Mackey Living Trust, Dated 6/30/98 P. 0. Box 742 Bosque, NM 87006-0472 Madeline C Zinn or Gerald R Zinn 4430 Monroe Avenue Northea: Salem, OR 97301-4934 Madie B Skelton CIO Joy Maggio 1410 Pine Lane Port Neches, TX 77651 Madie B Skelton or Joy Maggio and Diane Wylie CIO Joy Maggio 1410 Pine Lane Port Neches, TX 77651 Mae L Schwartz 30 Homewood Fishing Club Decatur, IL 62521 Majors Family Revocable Liv Trust, U/TIN Dated 116195, Robert E Majors and Wilma R Majors, Trustees 441 Southeast 3rd Street Apt. K604 Dania, FL 33004 Mallory A Lane and Ethan Ls and Kimberly .J Lane 4041 East Dallas Drive Terre Haute, IN 47802-9540 Mansel D Brown or Carolyn A Binkley and Stephen M Brown 321 Coventry Drive Anderson, IN 46012-3756 Mansel D Brown or Carolyn Ann Binkley 321 Coventry Drive Anderson, IN 46012-3756 Mansel 0 Brown or Lucille Brown 321 Coventry Drive Anderson, IN 46012-3756 Mansel D Brown or Stephen M Brown 321 Coventry Drive Anderson, IN 46012-3756 Manuel Holston or Carrie L Holston 2737 Wind Rock Court Ellenwood, GA 30294 Manuel W Razor June F Razor 227 North 18th Street New Castle, IN 47362-3904 Maple Grove Church of God 2729 East 38th Street Anderson, IN 46013-2646 Maralyn J Williams 4198 Christine Lane West Palm Beach, FL 33405 Marbitry Church of God, Tina M McClure, Treasurer 4825 Bicknell Road Marbury, MD 20658-2206 Marcia J Brown 5 Adloff Lane Springfield, IL 62703-4439 Marcia L Leadman or Suzanne LArterburn 3027 Wallace Circle Huntington, WV 25705 Margaret Cook Larry Cook 2714 East 2nd Street Anderson, IN 46012-3255 Margaret E Claflin 1521 Aldersgate Drive Kissimmee, FL 34746 Margaret E Edge Revocable Living Trust P 0 Box 68 Camp Verde, AZ 86322 Margaret Hawkins or Eugene Hawkins 10415 East 79th Street Indianapolis, IN 46236 Margaret H Mc Kin non or Rodney S McKinnon 2244 Riverside Road Marion, VA 24354-6802 Margaret J Kane Revocable Trust UTD 6122/00 222 West 900 North Alexandria, IN 46001 Margaret J Scrivner Trust 41 North 20th Street #14 Haines City, FL 33844-4637 Margaret L Armitage P 0 Box 4133 Dowling Park, FL 32064-1537 Margaret L Doering 816 South State Road 19 Akron, IN 46910-9472 Margaret L Doering or Arnold Doering and Connie Anderson and Patricia Woodward 816 South State Road 19 Akron, IN 46910-9472 Margaret L Plunkett or Robert D Plunkett 501 Charleston Northeast Albuquerque, NM 87108 Margaret L Tiesel Revocable Trust 92 Lochwood Court New Albany, IN 47150-7718 Margaret Lucile Doering Arnold Jay Doering 816 South State Road 19 Akron, IN 46910-9472 Margaret Lucile Doering Connie Jean Anderson 816 South State Road 19 Akron, IN 46910-9472 Margaret Lucile Doering Patricia Jolene Woodward 816 South State Road 19 Akron. IN 46910-9472 Margaret M Busse 415 North 47th Avenue West Duluth, MN 55807-2037 Margaret Middleton 1811 South Nome Court Aurora, CO 80012-5227 Margaret Middleton or James V Middleton 1811 South Nome Court Aurora, CO 80012-5227 Margaret R Simerly 308 Centennial Drive Elizabethton, TN 37643 Margaret R Sirnerly or Daniel Mautin 308 Centennial Drive Elizabethton, TN 37643 Margaret Sarnes and Churd Extension of the Church of God, Inc. 34122 Hunt Avenue Leesburg, FL 34788-4367 Margaret Schmidt 467 Gilson Street Coloma, Ml 49038-9518 Margie G Gallagher 5605 82nd Avenue East Palmetto, FL 34221-8834 Margie McGough Bruce Monica M Crain 403 Arlington Place West Monroe, LA 71291-2201 Margo Jane Simon or Marcella Simon or Jack 0 Wiley 4767 Kings Ridge Circle Fairborn, OH 45324-1862 Margo Patton Rex Patton 413 Walnut Street Summitville, IN 46070-9305 Marguerite Eileen BakerTrur Dated September 29, 2001 2303 Welland Drive Champaign, IL 61821 Marie Collins Howard Collins 2350 Whirlwind Road Greeneville, TN 37743 Mane Horner 416 Road V Davenport, NE 68335-3000 Marie L Meyer and Louis P Meyer, Trustees or Successoi in Trust UTO 2/16/90 1225 North Nursery Road Anderson, IN 46012 Marietta B Isenhart 2844 Monaca Drive Longs, SC 29568-6307 Marietta H Baugh Wilbur H Ba ugh 2901 RockCreek Drive Port Charlotte, FL 33948 Marilyn C Staples 3196 Mount Zion Road Apt 9C Stockbridge, GA 30281-6827 Marilyn C Staples Anne M Battle 3196 Mount Zion Road Apt 90 Stockbridge, GA 30281-6827 Marilyn E Kressel Marcie Anderson Keith 2125 Northeast 62 Street Fort Lauderdale, FL 33308 Marilyn E Stump 1108 Dotson Drive Sherwood, MI 49089 Marilyn Hull or Harold Hull 8250 South 350 West South Whitley, IN 46787 Marilyn Kressel or Krista Anderson D'Andrea 2125 Northeast 62 Street Fort Lauderdale, FL 33308 Marilyn S Farag or Estafan Farag R R 1 Box 254 Edcouch, TX 78538-9728 Marion C Shaw Trustee of th Marion Shaw Trust 5335 Southeast Roethe Road Milwaukie, OR 97267-5053 Marion Day 37 Larry Drive Decatur, IL 62526 Marion Day Trust 37 Larry Drive Decatur, IL 62526 Marion L Pricher In Trust For William P Soetenga 7100 Ulmerton Road #2055 Largo, FL 33771 Marion Mendenhall and Tammy Mc Nutt 136 Benson Road Benton, LA 71006-8766 Marjorie A Deale or Hugh S Deale 1070 West Jefferson Franklin, IN 46131 Marjorie C Young Church Extension of the Chur. of God 1810 West East Avenue Kalamazoo, Ml 49009-5219 Marjorie C Young Dale E Lammers 1810 West East Avenue Kalamazoo, MI 49009-5219 Marjorie Foley or Marvin D Foley 543 Plum Lick Road Paris, KY 40361 Marjorie L Montgomery or Tyler M Brown 210 South Vann Street Pryor, OK 74361-5216 Marjorie M Huber or Michael 0 Cavanaugh 220 Freeman Street Longwood, FL 32750-4185 Mark A Lupton Jull M Lupton 2302 Holden Drive Anderson, IN 46012-9778 Mark Fleenor or Diane Eleanor 285 Watercrest Way -• Avon, IN 46123-9254 Mark Sullivan Denise Sullivan P 0 Box 39 Maadi 11431 Cairo EGYPT Mark Thompson 7879 West 900 South Pendleton, IN 46064 Market Avenue Church of Gc Kenneth Williams, Treasurer 1505 Market Avenue East Saint Louis, IL 62207-2219 Marian 0 Thomas Trust Dated 6/5/90 226 Hill Court Winter Haven, FL 33881-9548 Marlene Fields 4128 Villas Drive North Kokomo, IN 46901-7060 Marlyne Bruce or Tom S Bruce 618 Maplewood Avenue Anderson, IN 46012 Marshall Lovelace or Consuella A Lovelace 6100 Piat Place Centreville, IL 62203-1536 Marshall R Ralston or Dennis Ralston 59817 Kay Boulevard Elkhart, IN 46517 Martha H Price or Herbert Price 2005 Lonesome Hollow Road Louisville, KY 40272-2147 Martha J Bottorff or Max E Bottorff 1132 Diamond Drive Mishawaka, IN 46544-9156 Martha S Howell Ernesteen Scherer 600 Main Street Apt 120 Anderson, IN 46016-1534 Martha S Howell, Trustee U/OfT Dated September 7, 19600 Main Street Apt 120 Anderson, IN 46016-1534 Martha Van Lingen Trust CIO Wendy Fridley Church Extension Anderson, IN 46018 Marvel L Coffman and Tim W Coffman Living Trust Created 4/20/90 921 Mojonnier Road Walla Walla, WA 99362-8125 Marvel Sortino or Peter Sortino 3148 Route 23 Oak Ridge, NJ 07438 Marvin A Matthews Rosemary M Matthews 2626 South Mount Olive Siloam Springs, AR 72761-5056 Marvin Baker and Faye Bake Trust 4224 Alhambra Drive Anderson, IN 46013 Marvin 0 Brunson Joan J Brunson 1313 G Street Southeast Auburn, WA 98002-6735 Marvin D Hensley or Perry V Hensley 9600 South Youngs Boulevard Oklahoma City, OK 73159-7431 Marvin Foley or Marjorie Foley 543 Plum Lick Road - Paris, KY 40361 Marvin L Tate or Pearl M Tate 3210-A Hamilton Place Anderson, IN 46013 Mary Ann Black Alan H Black 2898 County Road #28 Waterloo, IN 46793 Mary Ann Geberin 2326 Lammermoor Lane Indianapolis, IN 46214-2290 Mary Ann Geberin or Zane Geberin 2326 Lammermoor Lane Indianapolis, IN 46214-2290 Mary Ann Lane Guy F Lane 2411 Fords Prairie Avenue Centralia, WA 965314534 Mary Ann Mc Clain or Kimberly S Mc Clain 1494 Port Sheldon Jenison, MI 49428 Mary B Ballinger or Joseph Ballinger 1218 Brookline Street Anderson, IN 46012 Mary C Bays Jonathon M Bays Joseph F Bays 18233 Durbin Road Noblesville, IN 46060 Mary C Thomas Revocable 1226 Hill Court Winter Haven, FL 33881-9548 Mary E Hicks or Paul J Hicks 1106 Pampa Pasadena, TX 77504 Mary E Kern 1245 Kessler Boulevard E. Dr Indianapolis, IN 46220-2685 Mary E Mundell Patty L Keesling 4 Edgewood Drive Vincennes, IN 47591-3830 Mary E Raudenbush 2623 Bougainvillea Street Sarasota, FL 34239-5412 Mary E Raudenbush or Diane Kettleborough 2623 Bougainvillea Street Sarasota, FL 34239-5412 Mary E Raudenbush or June Steffen 2623 Bougainvillea Street Sarasota, FL 34239-5412 Mary E Raudenbush or Leesa Rendeczky 2623 Bougainvillea Street Sarasota, FL 34239-5412 Mary E Reade or Shirley J Black 404 North Maple Street Lagrange, IN 46761 Mary Ellen Haney Trust, Mar Ellen Haney Trustee 7533 N Syracuse Webster Roi. North Webster, IN 46555-978 Mary Florence Guge Juanita Potts 597 South Kentucky Avenue Madisonville, KY 42431-2913 Mary H Morgan Carolyn M Schmies Chenelle Brown 1505 Sarazen Court Laredo, TX 78045-7544 Mary Hanson or Frances E Hanson 525 East Main Street Hoopeston, IL 60942 Mary I Cornett Ray Cornell 18801 4th Street Southeast Lutz, FL 33549-4338 Mary I Dial Bruce Dial 330A South Redlands Road Grand Junction, Co 81503 Mary J Brown or Lois J Mueller 14615 Auburn Road Fort Wayne, IN 46645-9639 Mary J Pierce and Doyle Pierce Box 894 Stephenville, TX 76401 Mary J Watson, Trustee, Declaration of Trust Dated 312194 C/O Robert F. Watson 3333 Sandhurst Road Birmingham, AL 35223-2805 Mary Jane Brown or Betty L Fitch 14615 Auburn Road Fort Wayne, IN 46845-9639 Mary Jane Morse Merl F Morse 160 Meadow Lark Lane Madisonville, KY 42431-9343 Mary L Bolin 207 East Northern Lights #11 (Anchorage, AK 99503 Mary L Claxton or Estella 0 Fitzgerald 10612 Marion Center Road Fort Wayne, IN 46816-9791 Mary L Goerz Revocable Tru Dated 619194 C/O Church Extension P. 0. Box 2069 Anderson, IN 46018-2069 Mary L Gustafson or George Gustafson 534 Northeast Olive Way Boca Raton, FL 33432-4152 Mary L Jenkins or Paul A Jenkins 2470 Golden Shore Drive Fenton, Ml 48430-1051 Mary L Matteson or Sharon Kay Guthrie 231 North Arrowhead Drive Petersburg, IN 47567-8600 Mary L Pieratt Revocable Living Trust, Mary L Pieratt, Trustee 1110 Lafferty Road Pasadena, TX 77502 Mary Lee Duff 4700 Deer Creek Lane Middletown, OH 45042 Mary Lee Duff or Robert G Huff II and David Huff 4700 Deer Creek Lane Middletown, OH 45042 Mary M Berg Wilber D Berg 11632 Gainer Garfield, AR 72732-9722 Mary M DeBoer 5338 Saddlebag Lake Road Lake Wales, FL 33898 Mary M Duthie 7224 North 15th Street Dalton Gardens, ID 83815-9507 Mary M Duthie Dan B Duthie 7224 North 15th Street Dalton Gardens, ID 83815-9507 Mary M Leister and Dwight B Leister Jr, Co-Trustees of the Leister Family Trust Dated 26877 18430 West Lower Buckeye F Buckeye, AZ 85328-5903 Mary M Miller or Denyse R Thorpe 830 Maplewood Avenue Anderson, IN 46012-3027 Mary M Miller or Russell E Miller 630 Maplewood Avenue Anderson, IN 46012-3027 Mary M Miller or Walter W Miller 630 Maplewood Avenue Anderson, IN 46012-3027 Mary M Pheister Larry L Mckown 5095 South Union Street 57 Columbia City, IN 46725 Mary M Rogers or Robert Rogers 407 Lincolnwood Drive Alexandria, IN 46001 Mary M Russell or Billie Adkins 334 South Grant Street Brownsburg, IN 46112-1311 Mary M Russell or Billie Jean Adkins and Donna Dyer 334 South Grant Street Brownsburg, IN 46112-1311 Mary R Blair Robert J Blair 340 Calhlyn Drive Madisonville, KY 42431 Mary R Knight, Trustee of thc Mary Knight Trust Agreement Dated February 14, 2000 3839 Southeast 113 Avenue Portland, OR 97266-2220 Mary R Rugel 416 26th Street Northwest Hickory, NC 28601-4540 Mary Robyn Andrews 9055 N Syracuse Webster Re Syracuse, IN 46567 Mary Ruth Wheeler 506 East 6th Street Gordon, NE 69343-1314 Mary Ruth Wheeler Harlan C Wheeler 506 East 6th Street Gordon, NE 69343-1314 Mary Schoen 507 West Crane Street Norton, KS 67654 Maryann H Hartley or Leonard 0 Hartley P 0 Box 113 Inverness, FL 34451-0113 Masil Holland Wanda F Downey 1301 Polk City Road #141 Haines City, FL 33844-3278 Matthew Callison 915 NE 122nd Avenue Apt S Portland, OR 97230-2054 Matthew D Summers and Kevin D Summers or Cyndy Summers 314 Garden Road Normal, IL 61761-2332 Matthew D Townsend or Wayne Townsend 2560 West Airport Road Peru, IN 46970-7239 Matthew D Townsend or Wayne Townsend or Lois E Townsend 2560 West Airport Road Peru, IN 46970-7239 Matthew Franklin Herb I Franklin P 0 Box 462 Mount Sterling, KY 40353-0462 Matthew Goodman Mattie Mae Adkins 11040 Highway 28 Dixon, MO 65459-6209 Matthew J Thompson 700 North Forest Muncie, IN 47304 Mattie Mae Adkins 16628 North Highway 133 Dixon, MO 65459 Mattie Mae Adkins Alma Goodman 16628 North Highway 133 Dixon, MO 65459 Mattie Mae Adkins Ethan Goodman 16628 North Highway 133 Dixon, MO 65459 Mattie Mae Adkins Matthew Goodman 16628 North Highway 133 Dixon, MO 65459 Mattie Wood 4006 Quail Hill Drive Richmond, IN 47374-6000 Maurice E Oldham or Peggy Sue Oldham 897 Old State Road 450 Bedford, IN 47421-8272 Maurice J Manley or Linda L Manley 1423 S Cres. Hts. Boulevard S Los Angeles, CA 90035-3831 Maurice W Stiles or Irma F Stiles 704 Wilkinson Drive Moore, OK 73160 Max Bottorff or Martha J Bottorff 1132 Diamond Drive Mishawaka, IN 46544-9156 Max L Hoke or Betty Jean Hake 41 Linden Lane Anderson, IN 46011 Maxine E Baker or Larry 13 Baker 5730 Stine Road Olivet, MI 49076 Maxine I-I Smith 1333 Stratford Lane Clovis, NM 88101 Maxine R Van Norman 1208 25th Avenue North Clinton, IA 52732 Maxine Ray 218 Cottage Avenue Anderson, IN 46012-3009 Maxine Ray Reginald E Ray Scott 0 Ray 218 Cottage Avenue Anderson, IN 46012-3009 Maxwell I Fowler Roberta J Fowler 3110 Valentine Drive Marion, IN 46953-3425 May F Bartels 2836 Sheriff Way Winter Park, FL 32792 Maynard Taylor and Martha Taylor 360 South Gray Road Connersville, IN 47331-1056 Mc Intosh Family Trust 2626 East Street North Bend, OR 97459-2232 Mc Nay Living Trust 5354 West 62nd Street Apt 3 Indianapolis, IN 46268-4479 Megan Madden Debra Madden 3237 Shoal Lake Drive Lexington, KY 40515-5416 Melanie S Harmon or Stanley lnnes or Evelyn Innes 2939 Sherbrooke Road Toledo, OH 43606 Melissa J Sb rout or C Terry Shrout 6672 Koufax Lane Northeast Keizer, OR 97303 Melissa J Shrout or C Terry Shrout or Betty .Jo Shrout 6672 Koufax Lane Northeast Keizer, OR 97303 Melissa N Wills Harry 13 Wills Lucille Wills, Custodian 306 Sunset Boulevard Greeneville, TN 37743-4489 Melvin B Larson or Linda Cowan and Debra J Howell 10632 West Parkhill Drive Denver, CO 80127-5545 Melvin D Goerz as Trustee o The Melvin D Goerz Revocabi Trust Dated 6/9/94 C/O Wendy Fridley P 0 Box 2069 Anderson, IN 46018-2069 Melvin E Hofer Grace M Hofer 2578 East Uintah Colorado Spring, CO 80909-4054 Melvin F Jolliff or Nancy Jolliff 1567 Logan Street Noblesville, IN 46060-2354 Melvin L Goodwin or Arabell Goodwin 620 North 22nd Street East Saint Louis, IL 62205-2404 Melvin L Jarvis Mary Toney Jarvis 5296 So State Road 13 Lapel, IN 46051-9634 Melvin LTaylor Jr and Marjorie Taylor Trust, Melvin L Taylor Trustee, Marjorie R Taylor Trustee 3442 Southwest 19th Place Ocala, FL 34474-2626 Merl F Morse Mary Jane Morse 160 Meadow Lark Lane Madisonville, KY 42431-9343 Merle L Petrocci 244 Chestnut Street Syracuse, NY 13212-2252 Merleen Cadle James H Cadle 845 East 214th Street Bronx, NY 10467-5913 Merriel Gustafson-Riley 414 North 12th Hill City, KS 67642 Merta A Olson or Emil A Olson 4840 Rocky Point Road North Roosevelt MN 56673-3441 Mertha M Hardin Dorothy H Sharp 622 Glendale Avenue Clinton, TN 37716 Micah A Hatch or Kenneth E Hatch 13 Cool Creek Circle Carmel, IN 46033 Michael Brian Watson or Cecil WWatson 484 West 43rd Street Apt 33K New York, NY 10036-6331 Michael L Burchett P 0 Box 979 Alpharetta, GA 30009-0979 Michael L Burchett or James C Burr-heft P 0 Box 979 Alpharetta, GA 30009-0979 Michael L Rhew 140 Wilton Circle Paducah, KY 42003-9414 Michael Slabaugh Linda Slabaugh 11800 North 450 East Syracuse, IN 46567-7826 Mike K Noller Kimberly Ann Noller 225 Trace Park Court West Nashville, TN 37221-4071 Mike Stuart 3210 Heather Ridge Drive Indianapolis, IN 46214-1973 Milan Dekich Edith I Dekich 6591 Salem Valley Road Ringgold, GA 30736-4446 Mildred D Hickman 923 Colfax Street Danville, IL 61832 Mildred F Grimmett or Pat Garrett 74 Genesis Pointe Drive Lake Wales, FL 33853-7900 Mildred Hague 520 North Prospect Avenue Liberal, KS 67901-3119 Mildred 1 Eaton Sandra I Page 411 West Franklin Street Otsego, MI 49078-1213 Mildred Ledbetter James D Fowler 2715 Highway 13 West Harrisburg, IL 62946-4301 Mildred M Fast or Jeannette Fast 1231 F Street Sparks, NV 89431 Mildred Neal or Margaret L Dumbach 2070 45th Avenue Vero Beach, FL 32966-2085 Mildred Ratliff or Arthur Ratliff 1606 Locust Avenue Rocky Ford, CO 81067 Mildred Ratliff or Barbara Henderson 1606 Locust Avenue Rocky Ford, CO 81067 Millicent Showell or Donald Showell 235-21 148 Avenue Rosedale, NY 11422 Millie J Bryant 232 Dutton Avenue Laurel, MS 39440 Millie J Bryant or Charles A Bryant 232 Dutton Avenue Laurel, MS 39440 Milton Buettner or Eleanor J Buettner 4445 Wilbanks Avenue Penney Farms, FL 32079 Minerva A Edge or Nellie Collingwood 217 Northeast 74th Portland, OR 97213 Minnie A Clay Barbara Kraus 305 De Lisle Avenue Portageville, MO 63873 Minnie F McReynolds Judy Grace McReynolds 111 Mann Drive Chesapeake, VA 23322-5213 Minnie K Stone or Fred L Stone and Sondra S Maness 3627 Shady Knoll Drive Asheboro, NC 27203-8109 Minnie L Homer Jack H Homer 1838W County Road 1100 So Williamsburg, IN 47393 Minnie L Horner Jerry L Homer 1838W County Road 1100 So Williamsburg, IN 47393 Minnie L Homer Judith Bales 1838W County Road 1100 So Williamsburg, IN 47393 Minnie I Homer Terry C Homer 1838 W County Road 1100 So Williamsburg, IN 47393 Minority Scholarship Fund P 0 Box 2069 Anderson, IN 46018-2069 Mintie S Gray or Robert D Gray 3732 Amesbury Lane Sarasota, FL 34232-4407 Mira I Allen or Miriam G Jeran or Richard 0 Allen 15 Fairway Drive Alexandria, IN 46001 Miriam G Jeran 15 Fairway Drive Alexandria, IN 46001-2811 Miriam G Jeran or Daniel Jeran 15 Fairway Drive Alexandria, IN 46001-2811 Miss Helen Shelby 516 East Grove Street Mishawaka, IN 46545-6858 Missouri Ministries of the Church of God Jim Duncan P. 0. Box 217 Saint James, MO 65559 MO Mins Women of The Ch LaVemne Sargent, Treasurer 1090 Utz Lane Hazelwood, MO 63042-2701 Modean F Beck or Nollan Beck or Theresa Paxson and Joel Ferren 8326 East 140 Road Calvin, OK 74531-5006 Mollie Ruby Watkins Frank E Watkins 1 Strecker Road Apt. E213 Ellisville, MO 63011-1982 Mona Ruth Holland or Bobbie R Griffith 3802 Lincoln Street Corpus Christi, DC 78415-251 Monica Britton or Frank R Button 67 Park Terrace East New York, NY 10034-1445 Monica Kenworthey and Shirley Kenworthey 34539 Edgar Kennedy Road Pearl River, LA 70452 Monroe F Rhodes Margie F Rhodes 1331 Ravens Gate Lane Anderson, IN 46012-5117 Montana Church of God Inc Carolyn O'Neil - Treasurer P 0 Box 7211 Kalispell, MT 59904-7211 Montle Kelse and lNikJa Kelse 301 West Cherokee P. 0. Box Okmulgee, OK 74447 Moore Living Trust Dated November 6, 1998, Kenneth E Moore and Nina L Moore, Trustees 3910 Devonshire Avenue Kalamazoo, Ml 49006 Morgan Family Investment F Ltd. 8419 South Damen Avenue Chicago, IL 60620 Morganton First Church of G p o Box 1404 Morganton, NC 28680-1404 Mr. Bernard Kent Jr 3212 Florence Street Savannah, GA 31405 Mr. Donald Struble p 0 Box 208 Swanton, OH 43558-0208 Mr. Holly Bartels Route 1 Box 243 Humboldt, TN 38343 Mr. Jeffrey Hanson 1249 West !dVilbeth Akron, OH 44314 Mr. Jeffrey T. Boggess 101 Rockledge Avenue Princeton, WV 24740 Mr. Joseph E. Barrett Rr 2 Box 181 Hurricane, ViAl 25526 Mr. Louis Jackson lOWindridge Anderson, IN 46011 Mr. Luke A. Peterson 3125 71h Street Drive Northea Hickory, NC 28601 Mr. Rasbery Oath right 4321 East 3rd Avenue East Saint Louis, IL 62207 Mr. Raymond W. Siefer 184 Scott Drive Anderson, IN 46016-5850 Mr. Wayne G. Siefer 2315 Ivy Drive Anderson, IN 46011-3828 Mrs. Chrystal B. Erickson 301 South 5th Street Apt 123 Mankato. MN 56001-7501 Mrs. Doris A. Bizek #406-10007 101st Street Ft Saskatchewan, AB T81- lyE CANADA Mrs. Esther M. Bailey 151 Genesis Point #202 Lake Wales, FL 33853-0900 Mrs. Nancy Mc Kay % Yolanda Justice 2300 Seaman Toledo, OH 43605 Mrs. Patricia Markin 1169 Ferry Lavinia, TN 38348 Mrs. Ruthann M. Jackson 13131 Cross Crk. Boulevard A Fort Myers, FL 33912-3895 Mrs. Sharon Langley P 0 Box 1316 Alton, IL 62002-4325 Mrs. Velna M. Renfrow 1632 West 22nd Street North Apt 204 Wichita, KS 67204 Ms Center For Ministries C/O Lloyd Bowen Post Office Box 317 Union, MS 39365 Ms. Arthenia Turner 2124 Highway 67 South Somerville, AL 35670-9737 Ms. Bessie C. Mathile 2481 State Road 17 South Avon Park, FL 33825 Ms. Flora C. Redfield 17214 116th Avenue Jamaica, NY 11434 Ms. Judith Simmons 610 Woodland Drive Cincinnati, OH 45244 Ms. Melissa Miller R R 2 Box 394 Alexandria, IN 46001 MT Pleasant Church of God M Helen Patrick, Treasurer 3304 East 126th Street Cleveland, OH 44120-3858 Muncie Area Churches of Oc Larry L Steele, Treasurer 2010 South Burlington Muncie, IN 47302-3881 Murle Dossett or Carolyn Dossett or Greg Dosselt or Gary Dossett 544 Hanover Drive Anderson, IN 46011 Murrel W Kennedy and Lo1it L Kennedy Child rens Trust P 0 Box 704 Oak Grove, LA 71263-0704 Mylo H Watts or Mary E Watts 4170 Ankar Park Drive Apt 18 Bellingham, WA 98226-6444 MyIo H Watts or Mary Watts Church of God, State of Washington. for Double K Christian Retreat Center 4170 Ankar Park Drive Apt 18 Bellingham, WA 98226-64 Myrna L Mc Gee 74 Mc Kenzie Drive Bella Vista, AR 72715-5108 Myron 0 Gilbert or Leona R Gilbert Revocable Living Trust Agreement 900 West Lake Road Apt ClO Palm Harbor, FL 34684-3190 Myrtle Kennedy or Steven Cleo Meadows Route 1 Box 324 Salt Lick, KY 40371 N Portokalis or Irene Portokalis 4936 North Kimball Chicago, IL 60625 Nadine L Holliman 1213 East Wesley Avenue Denver, CO 80210-5126 Nancy Bradford 3512 White River Court Anderson, IN 46012-4650 Nancy Bult 6620.Woodbrook Dr., Southe Grand Rapids, MI 49546-9232 Nancy C Ferguson John W Ferguson 14504 East 43rd Street Independence, MO 64055-4840 Nancy L Harrington or Gary L Harrington 1606 Vasquez Circle Colorado Springs, CO 80915-2134 Nancy Reynolds 413 Albany Drive Edmond, OK 73034 Nancy S Howard Glen E Howard 4547 Highway 29 Richton, MS 39476-9241 Naomi Brown 510 Alhambra Drive Anderson, IN 46012 Naomi Brown or David S Brown 510 Alhambra Drive Anderson, IN 46012 Naomi Brown or David S Brown and W Dale Brown 510 Alhambra Drive Anderson, IN 46012 Naomi L Lee, Trustee FBO The Lee Family 5354 West 62nd Street #130 Indianapolis, IN 46268 Naomi R Ledwidga Yvonne M Clark 123 Home Street P 0 Box 147 Edmore, MI 48829 Natalie M Dean 4820 Village Square Acworth, GA 30102 Nathan Dean 4820 Village Square Acworth, GA 30102 Nathan Hahn 5100 East 1200 North Eaton, IN 47338-8859 Nathan J Willowby or Richard L WiIlowby or Cheryl Willowby % Richard Willowby 2505 Holden Drive Anderson, IN 46012-9780 Nathan I Eaton or Anna L Eaton 9906 Northridge Drive Valley Station, KY 40272 Nathan Lee Benefield Cheryl S Benefield 2204 Golden Dawn Drive Atlanta, GA 30311-5415 Nathan Lee Benefield or Edna L Smith 2204 Golden Dawn Drive Atlanta, GA 30311-5415 Nathaniel C Scharr and Rodney Scharr 1957 East Minton Drive Tempe, AZ 85282 National Assoc Women of TI Church of God-Wilma Jordan 1612 E. 10th Street Anderson, IN 46012 National Assoc. of The Chun of God In Swv Train Institute P0 Box 357 West Middlesex, PA 16159 Nebraska Churches of God Attn: Norman Kujawski 76311 Road 415 Gothenburg, NE 69138-3408 Ned A Thompson or Mark W Thompson or Jay C Thompson 5303 North CO Road 850 Wes Middletown, IN 47356 Neighborhood Chapel Church of God Barbara Brewer 3305 Dayton Boulevard Chattanooga, TN 37415 Nell W Ballard 478 Hopkins Road P 0 Box 224 Kemersville, NC 27284 Nella Korstange 6611 North 67th Avenue Apt. Glendale, AZ 85302-4317 Nelle E Calvert or Jack ID Sims p a Box 398 Livermore, KY 42352 Nellie B Countryman or Merle C Turner 101 South Yucca Street Apt, 1 Chandler, AZ 85224 Nellie Hammons 2906 Bittersweet Lane Anderson, IN 46011 Nellie J Snowden Roscoe Snowden 432 Coventry Drive Anderson, IN 46012-3759 Nellie Keeton Luther C Keeton C/O Luther C Keeton 1215 3rd Loop Road Florence, SC 29504-3712 Nellie M Bell 810 Riley Lane Delta, CO 81416-2524 Nellie M Bell or ElIna Mae Driver 810 Riley Lane Delta, CO 81416-2524 Nellie M Bell or James L Gilder 810 Riley Lane Delta, CO 81416-2524 Nelson Frederickson 7718 Burrstone Drive SoutheE Caledonia, Ml 49316-9570 Nerine M Brewer 5420 Orlena Drive Anderson, IN 46013 Neva A Beck or Savannah L Southard 5001 Woodrose Lane Anderson, IN 46011 New Community Church P. 0. Box 1045 Wilmington, DE 19899-1045 New Jersey State Ministerial Association Louis Mc Dowell Sr, Treasurer 366 East 25th Street Paterson, NJ 07514-2305 Newton Fisher or Violet Fisher 350 North 190th C-160 Shoreline, WA 98133 Nilah Meier-Youngman P 0 Box 340 Oakwood, IL 61658-0340 Nilah Youngman p. 0. Box 340 Oakwood, IL 61858-0340 No Main St Ch of God Jame! Margaret Whipple Treasurer 57 West 14th Street Jamestown, NY 14701 Nomey A Peynado Michael George Peynado Marion Angela Peynado C/O Westbury Divine COG P 0 Box 354 Westbury, NY 11590-0048 Nona Scott George L Scott 934 Indian River Avenue Titusville, FL 32780-4215 Nora E Jones 1811 28th Street Bedford, IN 47421 Nora M Ferguson 1913 Sherwood Avenue Modesto, CA 95350 Norma B Wiard or Charles RWiard and Paul E Wiard 4106 Kuder Lane Warsaw, IN 46580-6435 Norma DeRossett Wayne DeRossett 637 North Park Place Bolivar, MO 65613-1578 Norma G Frazee 839 Dixon Road FriendsvilIe, MD 21531 Norma I Francis or Darwin Harp 4550 Willow Knoll Circle Middletown, OH 45042-2776 Norma Irene Francis Robert H Francis 4550 Willow Knoll Circle Middletown, OH 45042-2776 Norma J Freed 754 North Madison Nappanee, IN 46550 Norma J Workman 884 South Hickory Drive Bloomington, IN 47403-1834 Norma Jean O'Neal 13 East 127th Street Kansas City, MO 64145 Norma Jean O'Neal or Pamela Eubanks and Deborah L Slaton and Dolores J Rush 13 East 127th Street Kansas City, MO 64145 Norman L Gerig 1004 North Van Buren Auburn, IN 46706-1142 Norman L Green or Jean B Green 400 Fenton Road Longview, TX 75604-1125 Norman 0 Burns Grade Olene Bums 12234 South Windrow Road Rockvale, TN 37153 Norman R Chausse' Alice 1 Chausse' 5248 Manz Place Sarasota, FL 34232-2667 Northside Church of God 3031-33 North Market Street Wilmington, DE 19802 Northside Church of God Catherine L Droullard Trees 2532 Virginia Street Everett, WA 98201 Northside Church of God Attn: Deacon Keith B Watkins 2590 Northwest 103rd Street Miami, FL 33147 Northside Church of God Properties Inc 2590 Northwest 103rd Street Miami, FL 33147 Northwest Ch of God Chicag Bill Dimoulis - Treasurer 6333 West Belmont Avenue Chicago, IL 60634 Norval King or Elizabeth A King 8283 Gallo Avenue Venice, FL 34287-5467 Norval 1 Justice Mary R Justice Faith Chapel Church of God P. 0. Box 115 Kinnear WY 82516-0115 t4orvin Larson Dorothy Larson 2020 West Warren Englewood, CO 80110 Nuevo Nacimiento Church 01 Rogelio Torres - Treasurer 489 Avenue A Yuma, AZ 85364 • C Moore or Pamela G Moore P 0 Box 434 New Castle, IN 47362 • Wave Evans Gerald R Evans 3024 Griffith Berkley, Ml 48072 O.L. and Ima Lee Smith Route I Box 6 Wiergate, TX 75977 Oakland Mills Church of God 9650 Santiago Road Suite 4 Columbia, MD 21045-0714 Oaks Church of God Building Fund Davida Hill - Treasurer 96 Shape School Road Calvert City, KY 42029 Oaks Church of God Davida Hill - Treasurer 96 Shape School Road Calvert City, KY 42029 Obid Foley or Irene A Foley or Howard Eugene Foley and Gerald Lee Foley 600 Main Street Box 122 Anderson, IN 46016-1534 Odah H Johnson 217 Trenton Avenue Findlay, OH 45840-3743 Odessa E Hodge Joan F Young Joseph Young 3309 lantha Street Savannah, GA 31404-4924 Odessa Gabbard or Donna J Jones or Lana S Reagan 141425 Avenue West Bradenton, FL 34205 Ohio Ministries Vernon Maddox P. 0. Box 276 Marengo, OH 43334 Ola G Crockett 79 Keahey-Gore Road Laurel, MS 39440 Ola G Crockett or Isom R Crockett 79 Keahey-Gore Road Laurel, MS 39440 Olamay Loft or Leonard W Loft 377 Monterey Street Highland Park, MI 48203 Olene Burns Norman 0 Burns 12234 South Windrow Road Rockvale, TN 37153 Oliver Jacob White or Philip White 345 Grandview Drive Kodak, TN 37764 Olivett Hardesty 2517 Eric Court Anderson, IN 46012-4476 Olivett Hardesty or Eugene F Hardesty Jr and Oliveft Sue Hartzell 2517 Eric Court Anderson, IN 46012-4476 Oma Jeane McNeese Timmie McNeese 1120 Tudor Avenue East Saint Louis, IL 62201-1048 Oneta P Kinion or Eloulse K Upchurch 1350 West Powell Blvd., Apt I Gresham, OR 97030-6826 Oneta P Kinion or Elouise K Upchurch and Janice Jo Murphy 1350 West Powell Blvd., Apt I Gresham, OR 97030-6826 Opail B York 2111 West Buena Vista Evansville, IN 47712 Opal A McDorman 2517 North Sharlaine Drive Staunton, VA 24401-1779 Opal E Bebee 2316 East 5th Street Anderson, IN 46012-3620 Opal E Bebee Revocable TrL Opal E Bebee Trustee, UTD 12/19194 2316 East 5th Street Anderson, IN 46012-3620 Opal F Ecklund or Charles A Appelquist 6648 Alabama Avenue Hammond, IN 46323 Opal 1 Lehnus 76 15th Street Logansport, IN 46947 Ora Mae Tobias 248 West Smith Avenue Darlington, SC 29532 Oral Withrow or Laura B Withrow 1235 Oakland Drive Anderson, IN 46012-4537 Oregon Trail Church of God Allene F Shell Treasurer 23057 Highway 30 Caldwell, ID 83605 Orval E Hunt Sr Ruth P Hunt 205 3rd Avenue South Charlesto, WV 25303-1542 Orval E Hunt Sr or Ruth P Hunt or Orval E Hunt and J Michael Hunt 205 3rd Avenue South Charlesto, WV 25303-1542 Orvas J Adams or Kathleen J Adams or Karvin A Adams or Arlene A Welch or Patricia S Hillman 224 Adams Lane West Monroe, LA 71282-2 Orvin Raymond Cockrell 2019 Jessie Dupont Mem Hig Burgess, VA 22432 Oscar C Borden or Norma Borden Box 707 Penney Farms, FL 32079-0707 Otha Howard Linda Turner 234 Caloosa Lake Circle North Lake Wales, FL 33853-8605 Otha Howard or Dortha M Howard 234 Caloosa Lake Circle North Lake Wales, FL 33853-9605 Otho L Mc Lean or Doris F Mc Lean or Kent Mc Lean 1306 Dakota Street Walla Walla, WA 99362 Otis Halterman or Adlene Halterman 903 Vintage Drive Rochester, IN 46975 Otis J Jackson Bessie R Jackson 1848 Engle Road Augusta, GA 30906-9610 Ozie G Wattleton 2701 Tilson Road Apt #2 Decatur, GA 30032-5509 Ozie G Wattleton East Atlanta Church of God, Decatur, Georgia 2701 Tilson Road Apt #2 Decatur, GA 30032-5509 Ozie G Wattleton Evie Dennis 2701 Tilson Road Apt #2 Decatur, GA 30032-5509 Ozie G Wattleton Faye Wattleton 2701 Tilson Road Apt #2 Decatur, GA 30032-5509 Ozie G Wattleton Feuds M Gordon 2701 Tilson Road Apt #2 Decatur, GA 30032-5509 P Lorene Beltz George Beltz 19506 Highway V Willow Springs, MO 65793 Palmer Church of God PC Box 1271 Palmer, AK 99645-1271 Pamela J Rockwell 4608 Haymarket Road Muncie, IN 47302-9090 Pamela K O'Neal 8118 Shady Arbor Lane Houston, TX 77040 Paris McIntyre Loma N McIntyre 3509 Longfellow Street Hyattsville, MD 20782-3846 Parkside Church of God Mona Ruth Holland -Treasur453O Kostoryz Road Corpus Christi, TX 78415 Pastoral Support Fund P 0 Box 2069 Anderson, IN 46018-2069 Patricia A Frazier Stephen A Frazier 2866 Southwest 8th Street Boynton Beach, FL 33435-7959 Patricia A King or Monte Phillip King, Jr 3829 Haverhill Drive Anderson, IN 46013-4355 Patricia Ann Poythress W C Stames 1520 North Pine Street Meridian, MS 39305-3421 Patricia Dean Box 6 Windsor Heights, WV 26075 Patricia Dean Harry F Pettini Beverly Pettini Box Windsor Heights, WV 26075 Patricia L Salatin Irrevocable Trust C/O Church Extension P 0 Box 2069 Anderson, IN 46018-2069 Patricia Poythress Bertha I Starnes 1520 North Pine Street Meridian, MS 39305-3421 Patricia Russell or Howard Russell 6808 North Flora Gladstone, MO 64118-2836 Patricia Scerba or William Scerba or Tricia L Scerba or Josephn Scerba 6467 Moro Road Edwardsville, IL 62025 Patricia Shaw Penny Elizabeth Shaw 6363 East Nelson Road Ashley, MI 48806-9328 Patricia Shaw Tine Vohwinkle 6383 East Nelson Road Ashley, Ml 48806-9328 Patrick J. Towle or Rebecca C Towle 18745 Round Lake Road Noblesville, IN 46060-1490 Patsy M Snodgrass or Gary P Snodgrass 5353 North Kildare Chicago, IL 60630 Paul A Coberly Bonnie Lee Bitodeau 1914 Midland Road Baltimore, MD 21222 Paul A Coberly Diane Jones 1914 Midland Road Baltimore, MD 21222 Paul A Coberly Saundra Jackson 1914 Midland Road Baltimore, MD 21222 Paul A Coberly Sharon Burghauser 1914 Midland Road Baltimore, MD 21222 Paul A Freeland or Edna Ma Freeland or Elaine Swanigan and Thomas Freeland and Janelle Irwin and J Beth Hatch 400 West 28th Street North Independence, MO 64050-1226 Paul A Jenkins or Mary L Jenkins 2470 Golden Shore Drive Fenton, MI 48430-1051 Paul C Middleton 3850 North 575E Brownsburg, IN 46112 Paul D Triest Donald E Triest 7471 Donald Street Keystone Height, FL 32656-9314 Paul E Daniels Phyllis Daniels 303 Lindy Lana Saint Johns, MI 48879-2301 Paul E Decker or Lone A Decker 605 Park Avenue Anderson, IN 46012-3337 Paul E Hunter or Dorothy L Hunter P 0 Box 1426 Oak Grove, LA 71263 Paul E Hutchcraft Kathryn M l-iutchcraft 627 Sunrise Drive Sullivan, IL 61951 Paul E White 401 North Mishawaka Street P.O. Box 366 Akron, IN 46910-0366 Paul H Brewer 5420 Orlena Drive Anderson, IN 46013 Paul H Clites Leona R Clites 11713 Willow Creek Lane NE Cumberland, MD 21502-6816 Paul H Shinn and Catharine Shinn Trust 806 Plantation Drive Columbia City, IN 46725-1109 Paul J Hicks or Mary E Hicks 1106 Pampa Pasadena, TX 77504 Paul M Cobb or Thelma M Cobb 208 - 3rd Street Northeast Hickory, NC 28601-5125 Paul R Lewis, Trustee of the Paul R Lewis Living Trust Dated November 5, 1999 55 Sandstone Circle Venice, FL 34293 Paul R Phelps Doris J Phelps 6517 Walmsley Boulevard Richmond, VA 23224-4403 Paul Register or Barbara R Register 2547 Richwood Drive Richmond, IN 47374-4660 Paul Ryan Bruzzese or Wayne Bruzzese or Barbara Bruzzese C/O Barbara Bruzzese 1008 Wilson Boulevard Anderson, IN 460124543 Paul Schernierhorn Joyce Scherrnerhom 4309 Castleton Court Muncie, IN 47304-2476 Paul Smith or Kira Denise Joy Smith 808 Ranike Drive Anderson, IN 46012 Paul T Aspas or Esther S Aspas P 0 Box 216 Birdsnest, VA 23307-0216 Paul T Pryor and Leroy Pryo. and Madelene Pryor 178 North Pickering Street Brookville, PA 15825 Paula J Markley P. 0. Box 254 No Webster, IN 46555 Pauletta J Smith or Rene' Mc Daniel 2306 Dana Drive Anderson, IN 46017 Pauline E Anderson Vendel A Anderson 71 Riviera Street Lehigh Acres, FL 33972-5325 Pauline L Morton 1011 Nicklin Avenue Piqua, OH 45356 Pauline Lee Tyler in Trust fol Brittany Green 1345 Herndon Avenue Deltona, FL 32725 Pauline M Maxwell or Joan M Sheldon 1607 East Penny Drive Tempe, AZ 85282-2761 Pauline M Rains or Betty J Henry 7322 Country Hill Drive Fort Wayne, IN 46835-9408 Pauline Reining or Kenneth Reining 376 West Ash Avenue Decatur IL 62526-1709 Pauline S Dahl 14300 66th Street North Lot 2 Clearwater Beach, FL 33764-7267 Pauline S White 411 Viewpoint Drive North Webster, IN 46555-9385 Pauline S White Carol J Patterson 411 Viewpoint Drive North Webster, IN 46555-9385 Pauline S White Cheryl Leedy 411 Viewpoint Drive North Webster, IN 46555-9385 Pauline S White Paula J Markley 411 Viewpoint Drive North Webster, IN 46555-9385 Pearl De Rojas, Trustee U/L/T Dated 6/11197 9644 Southeast 163 Lane Sunimerfleld, FL 34491 Pearl H Brown 243 West Main Street Morehead, KY 40351-1501 Pearl S Midlam Living Trust 306 Allen Alma, MI 48801-2408 Peggy J Phillips William C Phillips 322 Bucknell Avenue Turnersville, NJ 08012-1609 Peggy M Stetler Revocable Trust Agreement 1315 Glenford Lane Lakeland, FL 33813-1801 Peggy Spasic Dobri Spasic 1709 Easthaven Drive Pasadena, TX 77506 Pen horwood Family Revocal Living Trust, John N & Esther L Penhorwood, Trustees 530 Blackburn Boulevard Venice, FL 34287-1502 Penny Fish or Perry V Hensley 8706 North West 83rd Kansas City, MO 64152 Pensacola 1st Ch of Gd Bldg 9260 Cove Avenue Pensacola, FL 32514 Percy S Chapelle or Margaret E Butterfield 310 South 63rd Street Mesa, AZ 85206-6016 Perry & Dora Mae Williams Family Living Trust Dated December 30, 1998 -. 115-17th Avenue South Brookings, SD 57006-2607 Perry W Williams or Dora Mae Williams 115 17th Avenue South Brookings, SD 57008 Pete Luttrell 25 Odell Circle Greeneville, TN 37743-2072 Pete Luttrell or Alan Ray Luttrell 25 Odell Circle Greeneville, TN 37743-2072 Pete Luttrell or Alice G Mynatt 25 Odell Circle Greeneville, TN 37743.2072 Pete Luttrell or Dan Luttrell 25 Odell Circle Greeneville, TN 37743-2072 Peter J Carroll Ill Donna J Carroll 1309 Main Street South Roxana, IL 62087-1833 Peter J Sortino or Marvel Sortino 3148 Route 23 Oak Ridge, NJ 07438 Peter 0 Monperous 229 Grant Avenue Takoma Park, MD 20912 Philip Crubaugh or Thelma Crubaugh P. 0. Box 4 Newtown, IN 47969 Philip D Hensley Mary E Hensley 808 53rd Avenue East Lot 122K Bradenton, FL 34203 Philip J Knieper Jr Regena C Knieper 536 Ashlawn Drive Harahan, LA 70123-3822 Philip L Kinley Revocable Trust Agreement Dated 9/919 802 Maplewood Avenue Anderson, IN 46012 Philip Lee Bursley or Barbara J Burslsy 1629 Capital Avenue Northeas Battle Creek, Ml 49017-5207 Philip W Townsend 119 West Old Pendleton Roar Central, SC 29630-9769 Philip W Townsend or Wayne Townsend 119 West Old Pendleton Road Central, SC 29630-9769 Philip W Townsend or Wayne Townsend or Lois E Townsend 119 West Old Pendleton Road Central, SC 29630-9769 Phillip Norman Kathleen E Norman 2206 Catalpa Avenue South Bend, IN 46613 Phillip R Howard Cynthia M Howard 20315 Terrabianca San Antonio, TX 78258-3002 Phillip W Rhew 125 Greenway Chase Paducah, KY 42001-8138 Phyllis E Kinley as Trustee Under the Phyllis E Kintey Revocable Trust Agreement Dated 9/9/93 802 Maplewood Avenue Anderson, IN 46012 Phyllis E Matz 11078 North 450 East Syracuse, IN 46567 Phyllis E Matz or David Matz 11078 North 450 East Syracuse, IN 46567 Phyllis Elizabeth Bagwell or Dale Thomas Bagwell 12564 North Lakeview Drive Mooresville, IN 46158-9449 Phyllis L Baker In Trust For L Lee Baker 10604 Scott Mill Road Jacksonville, FL 32217 Phyllis L Baker or Barbara B Wainwright 10604 Scott Mill Road Jacksonville, FL 32217 Phyllis L Baker or Keith Edward Hooker 10604 Scott Mill Road Jacksonville, FL 32217 Phyllis L Baker or Sharon B Hooker 10604 Scott Mill Road Jacksonville, FL 32217 Phyllis L Jenness 350 Elder Street Anderson, IN 46012-2421 Phyllis 1 Jenness or Robert G Jenness 350 Elder Street Anderson, IN 46012-2421 Phyllis Naylor John W Naylor 5567 Moro Road Moro, IL 62067-1319 Phynalia H Swann or Glenda LeValley 32 Parker Drive Sumter, SC 29150 Pine Grove Church of God Talmadge King, Trustee 93 Adams Road Carthage, MS 39051-7433 Pine Grove Church of God Waudine Williamson, Treasur Route I Box 209 Union, MS 39365-9717 PNC Bank, N.& TTEE U/W Willard E Thom P 0 Box 1248 400 State Street NewAlbany, IN 47151-1248 Pontiac East Side Chog Attn: Pastor/Treasurer 343 Irwin Street Pontiac, Ml 48341-2950 Powell Welding Inc. C/O Donald Powell 3142 Windy Hill Drive Valdese, NC 28690-9545 Prairie Lawn Church of God C/O Beth Emery Bryant 11801 Randy Lane Laurel, MD 20706-2829 Pratt Family Trust RR 1 Box 143A Maud, OK 74654-9717 Price Living Trust 2005 Lonesome Hollow Road Louisville, KY 40272-2147 Prince E Moon Arvilla C Moon 19664 Villa Court East Southfield, Ml 48076-2435 Priscilla Jane Heyboer 8645 Woodland Forest Dr, SE Alto, Ml 49302-9375 Priscilla Murif 11825 So Oakley Avenue Chicago, IL 60643 Priscilla Murff or Wazelle Murff 11825 So Oakley Avenue Chicago, IL 60643 Providence Companies, Inc. C/O Church Extension P 0 Box 2069 Anderson, IN 46018-2069 Providence Inc. DBA Crown Pointe, Lebanon C/O Church Extension P 0 Box 2069 Anderson, IN 46018-2069 Quye Unitrust C/O Church Extension PG Box 2069 Anderson, IN 46016-2069 R Alex Adams Alice Snowden Adams 1712 West Cedar Street El Dorado, AR 71730-5310 R Alex Adams Alice Snowden Adams Robert Allen Adams Ruth Fraysur Adams 1712 West Cedar Street El Dorado, AR 71730-5310 R Alex Adams or Alice S Ad, or Marilyn Sue Grubbs or Reagan Grubbs or Allesha Qu Markovich or Sterling Alexander Snowden 1712 West Cedar Street El Dorado, AR 71730-531( R Blame Olson or Betty Jane Olson 721 West Kelly De Soto, MO 63020 R Daryl Mitchell or Beverly J Mitchell 12502 River Road Fort Myers, FL 33905 R Delmar Julian L Berniece Julian Donald R Julian 625 East Water Street Apt 305 Pendleton, IN 46064 R Lynnell Adcock 1228 Highway 29 North Ellisville, MS 39437-8763 R W Kruithoff or Mary Lou Kruithoff In Trust For Debbie Germany P 0 Box 82133 Tampa, FL 33682-2133 Rabon H Wright John Wright 251 Largemouth Drive Oakfleld, GA 31772-1704 Rachel B Horns 11 Wilcher Drive Laurel, MS 39443 Rachel Lynn Evans and Beth Evans 2665 Highway 13 West Harrisburg, IL 62946 Rainbow Acres Church of Gc 88 North Raceway Road Indianapolis, IN 46234 Ralph B Glenn Betty Glenn 5643 East Covina Road Mesa, AZ 85205 Ralph 0 Morton 0 Eileen Morton P. 0. Box 964 Penney Farms, FL 32079-9999 Ralph Dean Trent or Wanda B Trent 7435 Travis Road Talbott, TN 37877-8851 Ralph E Gang and Linda L Gerig 4226 Rowan Avenue North Keizer, OR 97303 Ralph E Smith or Marcella W Smith or Gary 0 Durlcan 61 Ticen Street Beech Grove, IN 46107 Ralph E Smith or Marcella Smith or Gary Duncan and Randall A Smith and Cynthia Bridges 61 Ticen Street Beech Grove, IN 46107 Ralph McFarland Norma McFarland P. 0. Box 561 Festus, MO 63028-0561 Ralph Moffett or Sylvia A Moffett Route 1 Box 367 Bukeville, TX 75932 Ralph Phile 213 Nursery Road Anderson, IN 46012 Ralph WAnderson or Ruth M Anderson 2415 Ridgewood Drive Anderson, IN 46012-4357 Ramsaytown First Church Arthur Shick R R 3 Box 303A1 Brookville, PA 15825-9803 Randall G Morgan Emily D Morgan P 0 Box 489 Uceana, WV 24870-0489 Randall Morgan or Diane Morgan or Bobby Morgan P 0 Box 489 Oceana, WV 24870-0489 Ratzlaff Revocable Trust, Leslie W Ratzlaff, Trustee 5301 U South Highway 27 SoL Heart Institute Lake Wales, FL 33853 Ray Adams Opal C Adams 1642 Johnson Avenue Ashland, KY 41101-4646 Ray Cornett Mary I Cornell 18801 4th Street Southeast Lutz, FL 33549-4338 Ray H Davis Verna M Davis 1874 Crestline Drive Walla Walla, WA 99362-8852 Raymond 0 Hills or Martha S Hills 2518 East 5th Street Anderson, IN 46012 Raymond E Hastings and Elna Mae Hastings, Trustees, UTO 4/16101 295 Ederington Drive Brooksville, FL 34601-1023 Raymond Hills 2518 East 5th Street Anderson, IN 46012 Raymond J Backman Marjorie J Backman 1334 Pacific Street Bellingham, WA 98226-2001 Raymond P Brizendine and Jane A Brizendine 197 Weber Road Greenfield, IN 46140-2545 Raymond P Brizendine or Jane A Brizendine 197 Weber Road Greenfield, IN 46140-2545 Raymond P Brizendine or Jane A Brizendine or Angela Brizendine and Lucas Brizendine 197 Weber Road Greenfield, IN 46140-2545 Raymond Standafer Westw000d Retirement Cm # 1001 Mar Walt Drive Ft Walton Beach, FL 32547 Reamy Shelton or Wilma Sh 44 North Kentucky Avenue East Wenatchee, WA 98802-5236 Reba J Adams or Arty 0 Adams 505 Kerr Canyon Road Cobden, IL 62920-3539 Rebecca A Renz Russell R Renz Velma R Renz David R Renz 204 Jasper Way Anderson, IN 46012-4498 Rebecca Ann Holzman Adam B Ressler 2904 HillcrestAvenue #2ndFLl Baltimore, MD 21234-6323 Rebecca K Holt Beulah Holt 390 Capitol Hill Road Cambridge City, IN 47327-9477 Rebecca Louise Dailey Trustee UTD 47192 2727 Crown Pointe Circle Apt 119 Anderson, IN 46012 Rebecca Reynolds or Paul Reynolds 5819 Stratford Drive Portage, MI 49081 Refuge Church of God, Inc Sybil Yearwood - Treasurer 248 East 89th Street Brooklyn, NY 11236-1418 Reginald Smith Carol Smith 2310 Northwest 115th Drive Coral Springs, FL 33065-3426 Reinhold Gerhard or Elmira Gerhard 6277 Fabian Road North Port, FL 34287-2222 Relna G Mowrer or Adlene Halterman and Otis Halterman 36 Riggle Road Peru, IN 46970 Relna G Mowrer or Adlene Halterman or Lois Mongosa 36 Riggle Road Peru, IN 46970 Rene Mc Daniel or Pauletta J Smith 15450 West River Valley Roac Anderson, IN 46012 Renee' Tillett and Randall Tillett Route 3, Box 342-A California, KY 41007 Resource Development Corc 1812 University Boulevard Anderson, IN 46012-3101 -. Reva B Hudson Rebecca Hudson Albin 701 53rd Avenue Meridian, MS 39307-6268 Reva L Baumgart Michael Taylor Baize 3367 State Route 181 South Greenville, KY 42345-4220 Revocable Trust of Mabel M Eldridge Dated 12121/79 320 West 19th Street Auburn, IN 46706 Revocable Trust of Mary L Brown With Rights of Survivorship to Thomas E Brown and Donald A Brown 6925 Carlisle Court Apt 8-221 Naples, FL 34109-8905 Rex Douglas 2516 Cross Street Anderson, IN 46012 Rhamy WNewton or Ethel Patricia Newton 9l5 West 39th Street Savannah, GA 31415-8425 Rhonda Carey or Nate Carey 6521 East CO Road 44 Fort Collins, CO 80524 Rhonda S Pabst or Deanna Harbison 1315 Robinson Danville, IL 61632 Rich Creek First Ch of God Peggy Stafford - Treasurer P. 0. Box 410 217 Church Strt Rich Creek, VA 24147 Richard A Jacobson or Merline K Jacobson 12435 So 70th Court Palos Heights, IL 60463 Richard D Daniels or Edith M Daniels 519 West 32nd Street Scottsbluff, NE 69361-4324 Richard Dobbs Sue Dobbs 4830 Oaks Road Paducah, KY 42003 Richard E Amand Pauline S Amand 2718 Rainbow #3 Bloomington, IL 61704-8568 Richard 0 Harris or Carolin M Harris 8410 Yelm Highway Southeasi Olympia, WA 98513-9007 Richard Greenwell 1613 North Desert Place Tuscon, AZ 85712 Richard K Pancake Helen Weigle 748 Sowers Road Floyd, VA 24091-2075 Richard L Rodgers and Carolyn L Rodgers 1872 Shattuck Casper, WY 82601 Richard L Schuman 2691 West Schuman Road Columbia City, IN 46725-9194 Richard I Slaybaugh 308 North State Road 14 Akron, IN 46910-9123 Richard I Swank Mary M Swank 639 Elm Street Edmonds, WA 98020-4617 Richard L Swank or Mary Sv or Sheldon Swank and Stanfo Swank and Sharon Thompson 21 Genesis Pointe Lake Wales, FL 33853 Richard Madden Velvetta Madden 15602 So gist West Avenue Sapulpa, OK 74066 Richard Monkman Sarah H Monkman 1640 Park Forest Boulevard Mount Dora, FL 32757-6916 Richard 0 Hoover Jr 1545 West Jefferson Street Kokomo, IN 46901-4241 Richard S Turner or Mary I Johnson 7604 North Kitchen Road Mooresville, IN 46158-9279 Richard Trapp and Olga Tra(Fnistees of the Richard and Olga Trapp Trust 16845 Southwest Oak Street Beaverton, OR 97007 Richard Tyler or Carol Gail Tyler 505 Riverview Drive Plainwell, Ml 49080 Richard W Briscoe Charlotte Briscoe 509 North 14th Street Mitchell, IN 47446 Richard W Merrihew Shirley A Merrihew 8751 Olde Davenport Road Dubuque, IA 52003 Richard W Shockey Judy K Shockey 1250 Bentley Way Carmel, IN 46032-7108 Richard W Smith Judith H Smith 1828 Westwood Drive Springfield, OH 45504 Riverside Park Church of Go 11771 Newburgh Road Livonia, Ml 48150-1044 Robert A Demske or Clara M Demske 384 South Church Street Coloma, Ml 49038 Robert A Farmer Trust 9117 West 100S Shirley, IN 47384 Robert and Edna Simmet Revocable Living Trust 4708 Southgate Lansing, MI 48910-5442 Robert B Evans or Linda Evans or Lela Lewis 2318 Big Horn Avenue Cody, WY 82414 Robert B Hicks or Esther Lucille Hicks 23225 Berkley Oak Park, Ml 48237 Robert C Holbrook Sr Carolyn J Holbrook 3585 South 625 East Knox, IN 46534-9334 Robert C Rothman Rowena C Rothman Route 2 Box 186-A Sneedville, TN 37869 Robert C Talbot or Jennifer Talbot 3072 South 475 West Anderson, IN 46011-9456 Robert Cantrell or Bonnie Cantrell P. 0. Box 66286 Portland, OR 97290-6286 Robert Cordell or Linda L Cordell 2115 Salzar Valley Road Centralia, WA 98531 Robert Cossar Ressie Cossar 1225 Roselle Avenue Niagara Falls, NY 14305-1641 Robert Cmkovich or Esther Crnkovich 243 Metro Boulevard Anderson, IN 46016-6803 Robert D Brown or Robin Y Brown C/O Jacquie Taylor 8231 Renmark Lane Houston, TX 77070 Robert D Hartung 2416 N County Line Road Ea Huntertown, IN 46748 Robert D Raines or Naomi Carol Raines 2009 East Dublin Pike New Castle, IN 47362 Robert D Youmans or Shirley J Watts 5466 80th Avenue Circle East Palmetto, FL 34221-9159 Robert E Boudreaux or Joyce E Boudreaux 4132 Lancaster Circle Waldorf, MD 20603 Robert E Boyette Gladys 0 Boyette P. 0. Box 3575 Meridian, MS 39303-3575 Robert E Curry or Sandra Curry 5522 North Street Road 57 Petersburg, IN 47567 Robert E Martin or Lynda M Bridges 236 20th Avenue Drive Northw Hickory, NC 28601-1839 Robert E Reitz 34112 Park Lane Leesburg, FL 34788-3508 Robert E Royer Carol Keeling 16 West Street Saint Albans, WV 25177-1949 Robert Elliot Majors or Diane Majors 1825 Summit Street Bellingham, WA 98226 Robert Farmer or Candice Farmer 8777 West Street Road 234 Shirley, IN 47384 Robert Fiscus or Barbara Fiscus 2017 Winton Avenue Indianapolis, IN 46224 Robert G Basham Sandra D Basham 2020 Cynthia Drive Tallahassee, FL 32303 Robert G Hoppel Vessie P Hoppel 2909 East Morgan Street Martinsville, IN 46151-8044 Robert H Francis Norma Irene Francis 4550 Willow Knoll Circle Middletown, OH 45042-2776 Robert H Williams, Trustee, Revocable Trust Dated 36930 102 Andrews Road Fountain Inn, SC 29644-9135 Robert Hall Georgia Hall 203 Tweed Court Versailles, KY 40383-8646 Robert L Dotson Annie L Dotson 2027 Harmony Road Carthage, MS 39051-9593 Robert L Gard Gladys V Gard 1306 Brook Circle Ringgold, GA 30736-7443 Robert L Herald Jr George R Herald Sr Frances Herald 1910 Redwood Drive Independence, MO 64058-1572 Robert L Herald Jr Janice A Herald 1910 Redwood Drive Independence, MO 64058-1572 Robert L Herald Jr or Frances I Herald or George R Herald Sr 1910 Redwood Drive Independence, MO 64058-1572 Robert L Herald Sr or Frances I Herald or Robert Herald Jr P 0 Box 1985 Independence, MO 64055-0985 Robert L Hudson Geraldine M Hudson 740 West Gordonville Road Midland, MI 48640 Robert I Mc Cormick 2215 Vine Street New Castle, IN 47362-3826 Robert L McFarling or Valda Claudine McFarling 154 South Christine Westland, MI 48186-4335 Robert L Sempsrott Helen M Sempsrott RRI Box 1200-10 Freedom, IN 47431-9761 Robert I Starnes Carolyn L Starnes 4530 Old Homestead Road Meridian, MS 39301-8862 Robert M Messick or Irene V Messick 25615-10 Isoher Road Federalsburg, MD 21632 Robert Myers or Iris A Myers Route 1 Box 313 Dewey, OK 74029 Robert Niswander or Martha Niswander 708 High Street Apt K Anderson, IN 46012 Robert Over Mona C Over 310 Catherine Street Pekin, IL 61554-3150 Robert P & Mildred 0 Johns Living Trust Dated 10/8199 3802 Crystal Street Anderson, IN 46012-1108 Robert Patrick or Edith Patrick Box 212 Eureka, MT 59917 Robert R Hurst Trust Dated 2/8/96 418 Prairie Ridge Court Eureka, IL 61530-1076 Robert R K Jones or Bettie G Rice Jones P. 0. Box 203 Navasota, TX 77868-0203 Robert S Cripps and Virginia 0 Cripps Grantor Trust UTA 10/6/96 5794 Poplar Court Huber Heights, OH 45424-2466 Robert S Spickard or Virginia L Spickard 9800 Luna Vista Lane Knoxville, TN 37922-5721 Robert Treadaway or Agnes Treadaway 38 Kinship Road Baltimore, MD 21222 Robert W Baughman Sallie A Baughman 9 S.W. 98th Oklahoma City, OK 73139 Robert W Briant or Irene D Briant 515 E. Warren Martinsville, IN 46151 Robert W Lockwitz Ruth E Lockwitz 886 Goldcoast Drive Deltona, FL 32725-7427 Robert Waggoner Georgia LWaggoner 1833 Allen Lane Anderson, IN 46012 Roberta I Cummins or Marcia L Hutto and Maria Newman and Myra Gibson and Meg Morrison 603 Saint Joseph Drive #227 Kokomo, IN 46901-1890 Roberta J Fowler Maxwell L Fowler 3110 So Valentine Drive Marion, IN 46953 Roberta J Fowler or Maxwell Fowler or Ronald Fowler and Steven Fowler and Gary Fowk 3110 So Valentine Drive Marion, IN 46953 Roberta J Fowler or Ronald I Fowler or Steven C Fowler or Gary K Fowler 3110 So Valentine Drive Marion, IN 46953 Roberta L Hart or Ernest Hart 2118 South Fairway Avenue # Springfield, MO 65804-2456 Robyn Tilson Justin McCullough 9055 North Syr-Web Road Syracuse, IN 46567 Rochester Farm Center Inc cWpllard Higgins or Betty L Higgins 831 Chapman Lake Drive Warsaw, IN 46582-7832 Rodney Samuelson, Trustee 614 Forest-Napavine Road W Chehalis, WA 98532-8801 Roger F Davis or Rachel M Davis 411 Southwest Dexter Street Live Oak, FL 32064-3718 Roger L Leh nus and Wanda J Lehnus P 0 Box 575 Gaston, IN 47342-0575 Roger Northrup Bonnie J Northrup 6901 Sy Road Niagara Falls, NY 14304-4613 Roger R Slack D L Slack 900 Sheridan Avenue Powell, WY 82435 Roger Werner and Rhonda Werner 444 North Greenbrier Drive Greenwood, IN 46142 Rohrback Family Trust, Jam Rohrback and G June Rohrba Trustees UTO July 25, 1990 B 2210 East 53rd Street Anderson, IN 46013 Roland L Lehnus and Nancy Lehnus 924 Greengate Center Evansville, IN 47715-7180 Rolland K Gray or Juanita Gray 309 West 4th Street Alexandria, IN 46001 Roma Lee Courvisier 4401 Mad River Road Franklin, OH 45005-4526 Rena L Butrjck do Lila Butrick 930 Butterfield Drive Nixa, MO 65714-7066 Ronald Goody and Loma Goody 4707 Fairfield Avenue Fort Wayne, IN 46807-2722 Ronald J Karraker or Iva Karraker 611 North Jardot Stillwater, OK 74075 Ronald L Ruby Revocable Ti Ronald L Ruby, Trustee 139 West 600 North Alexandria, IN 46001 Roscoe L Smith and Wanda J Smith Trust UTD 11 20 Woodmere Drive Washington, IN 47501-2100 Roscoe Snowden or Nellie J Snowden 432 Coventry Drive Anderson, IN 46012 Rose L Canes Trustee Unde Rose L Osnes Revocable Tru Agreement Dated 8/28192 2010 East 5th Street Anderson, IN 46012 Rose Rousopoulos 9208 Selkirk Court Indianapolis, IN 46260-1222 Rose Rousopoulos or Deno Rousopoulos 9208 Selkirk Court Indianapolis, IN 46260-1222 Rose Rousopoulos or Samme Rousopoulos 9208 Selkirk Court Indianapolis, IN 46260-1222 Rosemary M Matthews Marvin A Matthews 2626 South Mount Olive Siloam Springs, AR 72761-5056 Rosemary P Works 5419 Hess Drive Louisville, KY 40258-3927 Rosie I Chambers or Rhonda Byas or Jasminess Byes 9732 South Charles Chicago, IL 60643-1218 Rosie Lee Chambers or Bessie Lyles 9732 South Charles Chicago, IL 60643-1218 Ross E Craig or Delena Craig 3012 Edgewoocl Drive Midwest City, OK 73110 Rouanna A Todd William E Todd 21535 North 107th Drive Sun City, AZ 85373-8728 Rouanna A Todd or Arlene Todd 21535 North 107th Drive Sun City, AZ 85373-8728 Rowena B Cobb POBox 157 Koloe,HI 96755 Rowena Bogue or Peggy Jones 10917 10th Drive Southeast Everett, WA 98208-4019 Roxann WWilliams 1007 Parkway Drive Anderson, IN 45012 Roxanne Lane Marlys .1 Lane 7038 Lazy Court Southwest Olympia, WA 98512-7411 Roy Clingenpeel Betty J Clingenpeel Don R Clingenpeel 9 Park Drive Saint Louis, Ml 48880-1044 Roy E Dishner or Hazel M Dishner 510 Frantz Avenue Mullens, WV 25682 Roy E Dishner or Hazel M Dishner or Laverne Acord 510 Frantz Avenue Mullens, WV 25882 Roy E Dishner or Laverne Acord 510 Frantz Avenue Mullens, WV 25682 Roy Ferguson 979 Southwestern Drive Jamestown, NY 14701 Roy G Lighty or Roy I Lighty or Patsy L Lighty 3109 Steven Street Augusta, KS 67010 Roy J Ross or Loma Ross 1109 Clearview Drive Mount Juliet, TN 37122-3428 Roy L Bryant 420 44th Street North Great Falls, MT 59405 Roy M Fields or Linda Sue Fields Rr 2 Box 165 Ridgeville, IN 47380 Roy R Dillon Mabel A Dillon 10804 North State Road 3 Nor Muncie, IN 47303-9537 Roy R Underwood or Richard Underwood P 0 Box 230 Marble Hill, MO 63764 Roy W Dennis or Nettle M Dennis 513 Laurel Street Irvine, KY 40336 Ruben Wilde Ottilie Wilde 550 Foxwood Boulevard Englewood, FL 34223 Ruby Anne 1-leilinger Trustee the Ruby Anne Heilinger Revocable Living Trust Dated 33695 467 South West Cornwall StrE Sheridan, OR 97378 Ruby E Houck or D Brad Oexmann and Debra L White 1734 East Magnolia Drive Vincennes, IN 47591-9353 Ruby I Sylvester April Brown 2248 North 200 East Anderson, IN 46012 Ruby I Sylvester Jeffery Sylvester 2248 North 200 East Anderson, IN 46012 Ruby I Sylvester Jodi Willis 2248 North 200 East Anderson, IN 46012 Ruby I Sylvester Myra Willis 2248 North 200 East Anderson, IN 46012 Ruby I Sylvester Philip Sylvester 2248 North 200 East Anderson, IN 46012 Ruby Irene Kuckuck Trust, U 8113192, Ruby Irene Kuckuck, Trustee C/O Robert H Clark 4818 Avon Street Lake Wales, FL 33859 Ruby M Barth or Wilbur C Barth 282 Northwest Highway MM Urich, MO 64788-8254 Ruby McCormick Vondon R McCormick 919 Meadow Drive South Charlesto, WV 25309-2541 Ruby P Moore First Church of God 1800 Harrison Street Apt 1001 Titusville, FL 32780-2618 Ruby S Warrum 655 Allegheny Drive Sun City Center, FL 33573-5112 Ruby V Maurer or A Dianne French and Ronald W Maurer C/O Ronald Maurer 535 Tara Trace Murfreesboro, TN 37128-4756 Rudi K Eichendorff Living Trust UTD 1114/93 P0 Box 175 Baroda, MI 49101-0175 Rudolf Berzins or Effriede Berzins 916 Via Bianca Drive Davenport, FL 33837-6567 Rudolph Smith or Edna L Smith 1609 Ezra Church Drive NW Atlanta, GA 30314-2138 Rudolph Stadelmayer and El Stadlemayer, Trustees of the Revocable Living Trust Agreement Dated 10114/96 1411 Country Knoll Place Saint Joseph, MI 49065-9491 Rufus .J Lockwood Charitabk Remainder Annuity Trust, Church Extension of the Churcof God, Trustee 1467 11th Street West Palm Beach, FL 33401-3049 Russell B Dean Peggy M Dean P 0 Box 566 Centralia, WA 98531 Russell Blame Olson or Betty Jane Olson or George Gary Olson 721 West Kelly De Soto, MO 63020 Russell 0 Hyatt Trustee, Uric the Russell D Hyatt Revocabh Living Trust Dated 411196 1221 East Dopp Road Midland, Mt 48640 Russell D Schoonover, Sr ar Elizabeth A Schoonover Family Trust DTD 1118/94 607 Martha Street Euless, TX 76040-4533 Russell Galaher Cleta Galaher 11 Coventry Drive Anderson, IN 46012 Russell R Renz Velma R Reriz 204 Jasper Way Anderson, IN 46012-3299 Russell R Renz Velma R Renz David R Renz Rebecca A Renz 204 Jasper Way Anderson, IN 46012-3299 Russell Rycflund or Anna Lucille Rycllund 2475 North 15th Coos Bay, OR 97420-2124 Russell Secrest and Betty Secrest 1416 East 62nd Street Marion, IN 46952 Russell Vanderpool or Ethel Vanderpool 2639 Stark Kansas City, MO 64129 Ruth Ann Dierzen P 0 Box 301 Newark, IL 60541-0301 Ruth Anne Welker 1026 West 52nd Street Marion, IN 46953-5717

Ruth Anne Welker or Teena O'Connor 1026 West 52nd Street Marion, IN 46953-5717 Ruth B Harlow or Margaret Harlow 16 Canterbury Drive Louisville, KY 40220 Ruth B Kilmer or Alice A WAlaskay p 0 Box 991 Penney Farms, FL 32079-0991 Ruth C Boyle or Clarence T Boyle 471 Loughriclge Lane La Fayette, GA 30728 Ruth Goody Darvis Goody 2108 Rainbow Drive West Monroe, LA 71291-7831 Ruth Dugan Gloria J Jackson 20401 North lawn Avenue Detroit, Ml 48221-1155 Ruth E Garr Estate Karen Lea Hooten Rr 1 Box 229H Seminole, OK 74868-9769 Ruth E Livingston 132 Emerald Drive Anderson, IN 46012-3283 Ruth E Rouse 11228 Handy Hollow Road Corning, NY 14830-9345 Ruth E WaLters or David E Watters 2001 So I Street Elwood, IN 46036 Ruth H Madden p o Box 25367 Seattle, WA 98125-2267 Ruth H Weiler 3335 Redwood Road Anderson, IN 46011-3838 Ruth Huff Sylvia A Winpigler 2610 67th Street W. Bradenton, FL 34209-7421 Ruth M Leedom 2020 Winding Way Anderson, IN 46011-1845 Ruth M Sheridan 2511 Lakeview Road Southwe Albuquerque, NM 87105-5313 Ruth Mariner or Susan A Mc Clanahan 1466 Little Orchard Street San Jose, CA 95110 Ruth Mary Brewbaker Revocable Trust 719 Rainbow Boulevard Anderson, IN 46012-1418 Ruth N Muerich Faith Church of God, Benton, Illinois 102 West Spani Street Benton, IL 62812 Ruth N Muench or Don D Blake 102 West Spani Street Benton, IL 62812 Ruth N Muench or Don C Blake or Robert M Blake 102 West Spani Street Benton, IL 62812 Ruth N Muench or Kevin Breithaupt 102 West Spani Street Benton, IL 62812 Ruth N Muench or Laura Muench 102 West Span! Street Benton, IL 62812 Ruth N Muench or Lori Ann Wright 102 West Spani Street Benton, IL 62812 Ruth N Muench or Mark Ballah 102 West Spani Street Benton, IL 62812 Ruth N Muench or Michael Nuench 102 West Spani Street Benton, IL 62812 Ruth N Muench or Pamela Muench 102 West Span! Street Benton, IL 62812 Ruth N Muench or Rena Blake 102 West Spani Street Benton, IL 62812 Ruth N Muench or Robert D Blake 102 West Spani Street Benton, IL 62812 Ruth N Muench or Robert M Blake 102 West Spani Street Benton, IL 62812 Ruth N Muench or Todd Muench 102 West Span! Street Benton, IL 62812 Ruth P Keirri or Harold E Kelm and Janet K Barker and Ruth Ann Lail 8265 Bolick Avenue Connellys Spring, NC 28612-7650 Ruth Sigmon Revocable Tru: Under Agreement 568 East Carmel Drive Carmel, IN 46032-2814 Ryan Andrew Eaton or Anna L Eaton 9906 Northridge Drive Valley Station, KY 40272 Ryan L Engle or Carol Engle 156 Bunker Creek Road Chehalis, WA 98532 S Elizabeth Luttrell or TO Luttrell Jr 105 Grandview Avenue Greeneville, TN 37743-5520 S Glenn Miller or Sarah C Miller 2000 Virginia Heights Drive Bluefield, VA 24605 S Matthew Luttrell or Steven 0 Luttrell or Linda Luttrell 1619 West Main Street Greeneville, TN 37743 S Stinnett or Rebecca Stinnett 451 Lamont Drive Lexington, KY 40503-2839 Sam R Leslie or London Dial and Michael Leslie 2144 East 560 North Anderson, IN 46012 Sam-O-Ray Corp. 4805 Boicewood Houston, TX 77016 Samuel A Greer or Annie V Greer 4806 Boicewoocl Street Houston, TX 77016 Samuel H McClellan or Kathleen L McClellan 13120 West 141st Avenue Hatfield, MO 64458 Samuel Hartsock or Ruby E Hartsock 523 Larosa Drive Grove City, OH 43123 Samuel Koch and Ruth M Koch 3540 Douglas Drive Carson City, NV 89704 Samuel R Germany Sr Jeane 0 Germany 103 Staton Street Union, MS 39365 Samuelson Family Trust, Re Samuelson, Trustee or Diann. Samuelson, Trustee 614 Forest-Napavine Road W Chehalis, WA 98532-8801 Sandra F Cloyd 392 Squires Circle Lexington, KY 40515-5607 Sandra 0 Richie 630 Grand Avenue Anderson, IN 46012-3321 Sandra C Richie Harmony Blackford 630 Grand Avenue Anderson, IN 46012-3321

Sandra 0 Richie Jeremiah Blackford 630 Grand Avenue Anderson, IN 46012-3321 Sara J 1-tames or Regal D Salisbury 8240 Nye Highway Eaton Rapids, Ml 48827-9068 Sara Reker Heide L Mantei 30564 Cedars Drive Warren, Ml 48093 Sarah E Orrender or Marshall C Orrender 152 Country View Drive Tayloraville, KY 40071-7927 Sarah E Reames C/O David Reanies P. 0. Box 2498 Anderson, IN 46018-2498 Sarah Etta Brenneman or Richard Veacti and Dianna Sloan 403 South Walnut Street New Castle, IN 47362-9228 Sarah J Shrout or C Terry Shrout 6672 Koufax Lane Northeast Keizer, OR 97303 Sarah J Shrout or C Terry Shrout or Betty Jo Shrout 6672 Koufax Lane Northeast Keizer, OR 97303 Sarah Jane Pearson or Allen W Moore 0676 South Jadden Road Marion, IN 48953 Sarah Myers 2881 West M-21 Saint Johns, MI 48879-9502 Saratoga Church of God Carrol Garringer-Treasurer P. 0. Box 126 Main Street Saratoga, IN 47382 Savannah L Southard or John B Beck C/O John B Beck 5001 Wood rose Lane Anderson, IN 46011 Scharr Family Revocable TrL Charles J Scharr and Helen A Scharr, Trustees 622 Rosser Street Prescott, AZ 86301-1130 Scotland Church of God Kerk Lewis, Treasurer 1822 North Street Louis AvenLJoplin, MO 64801-1122 Scott D Bebee 45 Meridian Place Indianapolis, IN 46205-1723 Scott G Warner or Raymond DWamner 4922 Tenny Street Lansing, Ml 48910-5319 Scott Memorial Church of Gc 1620 Waterhouse Avenue Chattanooga, TN 37412 Sean M Franklin Herb L Franklin P 0 Box 462 Mount Sterling, KY 40353-0462 Shadydale Church of God Linda Greer - Treasurer 4626 Tronewood Street Houston, TX 77016-4533 Shannon L Kays Jouett Faulkner 222 Castle Drive Georgetown, KY 40324 Sharon J Duran Kevin M Duran 3367 State Route 181 South Greenville, KY 42345-4220 Sharon .J Duran Mark A Duran 3367 State Route 181 South Greenville, KY 42345-4220 Sharon J Duran Mark A Duran Kevin M Duran 3367 State Route 181 South Greenville, KY 42345-4220 Sharon K Mc Cord or Charles L Mc Cord 1401 6th Terrace Barling, AR 72923 Sharon L Hackenberg Trusts Phillip E Nackenberg Trustee, of the Phillip E l-fackenberg & Sharon I Hackenberg Trust U, 13885 S West Far Vista Drive Beaverton, OR 97005 Sharon M Marsh P. 0. Box 167 Tuscola, IL 61953.0167 Sharon Meenen 12728 North 100 East Macy, IN 46951-7720 Shawn A Ballinger Zella M Ballinger 5009 Deer Run Lane Fort Collins, CO 80526-4521 Shelby T Roberts Annie V Roberts 804 South Central Avenue Campbellsville, KY 42718-1108 Shelbyville First Church 1816 South Miller Street Shelbyville, IN 46176 Sheryl Clark Hankerson Donald S Hankerson 12719 Wedgedale Court Upper Marlboro, MD 20772-6405 Shirley A Merrihew Richard W Mernhew 8751 Olde Davenport Road Dubuque, IA 52003 Shirley B Cathie 71 Raymond Avenue Plainfield, NJ 07062-1335 Shirley B Cathie or Burton C Cathie 71 Raymond Avenue Plainfield, NJ 07062-1335 Shirley B Sherman 2736 Atlantic Boulevard Vero Beach, FL 32960 Shirley Gay 1001 Juno Drive Punta Gorda, FL 33950-6606 Sidney C Lewis 55 Fall Lane Clearfield, KY 40313-9786 Sidney C Lewis or Elva L Lewis 55 Fall Lane Clearfield, KY 40313-9786 Sidney M Johnson Jean R Johnson Paul Johnson 720 Maplewood Anderson, IN 46012 Sidney M Johnson and Jean Johnson Revocable Trust UTI 36081 720 Maplewood Anderson, IN 46012 Siham Sweis or Hashem M Sweis 8 First Street Ossining, NY 10562-5705 Silas Sugg or Lillian A Sugg or Darlene Rae McCrimmon 659 Iva Place Jacksonville, FL 32208 Silas Sugg or Lillian A Sugg or Kathiene M Sugg 659 Iva Place ,Jacksonville, FL 32208 Silver Lake Community Chtu p o Box 895307 Leesburg, FL. 34789-5307 Solid Rock Community Church of God 2308 East 12th Street The DIles, OR 97058 South Lakeland Church of G 5330 Lakeland Highlands Roz Lakeland, FL 33813 Southeast Texas District Angel Williams - Treasurer 147 West Wellington Houston, TX 77076 Southern Idaho Church of GAIlene F Shell, Treasurer 3210 South Illinois Avenue Caldwell, ID 83605-6113 Spitfys Restaurant C/O Rod Samuelson 614 Forest, Npavine Road We Chehalis, WA 98532 Spring Ridge 1st Church of (5529 Northeast 52nd Place High Springs, FL 32643-6157 Spring Ridge First Church of God - Cemetery Fund 5529 Northeast.52nd Place High Springs, FL 32643-6157 St Andrew Church of God 4238 Red Hill Road Camden, SC 29020-7826 St Louis Area Ministers Assc Ferrell Roddy, Treasurer 519 Barca Drive Rock Hill, MO 63119 Stacey I Sapp or Charlotte J Sapp 419 Heatherwood Drive Allen, TX 750024951 Stacey Young 2618 Colwell Houston, IX 77068-2712 Stacie Salmons or Robert Herald, Sr or Robert Herald, Jr % Robert L Herald Sr PC Box 1985 Independence, MO 64055 Stacy Tillett and Randy Tillett Jr R R #1 Box 144 Butler, KY 41006 Standley C Moore Evelyn V Moore 7429 Olive Street Kansas City, MO 64132-3307 Stanley A Wolfram or Mary Louise Wolfram 1014 West Jefferson Siloam Springs, AR 72761 Stanley H Weisbrod Daniel Weisbrod 3409 Busti Stillwater Road Jamestown, NY 14701 Stefani I Benefield Cheryl Benefield do Edna I Smith 1609 Ezra Church Drive NW Atlanta, GA 30314-2138 Stefani L Benefield Edna L Smith c/a Edna L Smith 1609 Ezra Church Drive NW Atlanta, GA 30314-2138 Stephanie Anderson and Louis R Anderson 363 North 12th Avenue Brighton, CO 80601 Stephen A Frazier or Patricia A Frazier 2866 Southwest 8th Street Boynton Beach, FL 33435-7959 Stephen E Mc Cart and Laura J Mc Cart 10645 Kensworth Drive Indianapolis, IN 46236-8390 Stephen Ennis and Lorelei Ennis 944 North Ennis Petersburg, IN 47567-8845 Stephen K Wilson Charlotte C Wilson 695 Meadowbrook Road Afton, TN 37616-6043 Stephenson Endowment Fur C/O Church Extension P 0 Box 2069 Anderson, IN 46018-2069 Steve Earls 10124 Southeast 97th Avenuc Portland, OR 97266 Steven B Stamper 419 West Main Street Mount Sterling, KY 40353-1334 Steven P Hency Brenda S Hency 1223 Busseron Street Vincennes, IN 47591-0193 Steven P Miller or Dorothy Miller Rr #2 Box 394 Alexandria, IN 46001 Steven Rousopoulos or Samme Rousopoulos 9208 Selkirk Court Indianapolis, IN 46260-1222 Stewart W Stamper 419 West Main Street Mount Sterling, KY 40353-1334 Sungcha Owen Thomas L Owen 3724 Brighton Lane Anderson, IN 46012-9689 Sunset Park Community Cht Martha Burton - Treasurer 174 Sunset Boulevard Saint Helens, OR 97051 Susan Elaine Thompson Mark W Thompson Jane A Thompson 7879 West 900 South Pendleton, IN 46064 Susan R Kendall Michael Kendall 3208 Highlander Drive Anderson, IN 46012-9478 Susan R Kendall Sara Hobart 3208 Highlander Drive Anderson, IN 46012-9478 Susan Rider or Brian E Rider 3590 Monroe Road Allegan, MI 49010 Sylvia C Johnson, Trustee Under Trust Agreement Dated 7125/90 119 South Coventry Drive Anderson, IN 46012-3214 Sylvia K Grubbs or Dwight Grubbs 1401 East 10th Street Anderson, IN 46012 Sylvia S Fisher 5900 Millrace Court #A103 Columbia, MD 21045-5288 Sylvia S Fisher Yvette McGuirk 5900 Millrace Court #A103 Columbia, MD 21045-5288 T Lavon Talley Valda W Talley 1356 Talcott Place Decatur, GA 30033 T Lavonne Little Charitable Remainder Unitrust#5 do Church Extension Anderson, IN 46018 T Marie Osborne or Harold E Osborne 427 Middlebrook Avenue Youngstown, OH 44512 T 0 Luttrell Jr or S Elizabeth Luttrell 105 Grandview Avenue Greeneville, TN 37743-5520 Tacoma Church of God 1005 John Exuni Parkway Johnson City, TN 37604 Tamara Lobdell Harold R Lobdell 17809 Southeast Tibbetts Portland, OR 97236-1126 Teddy W Tidwell or Janith Louise Tidwell 5608 East King Street Tulsa, OK 74115 Tena G Schutjer or Clifford Schutjer 600 Main #234 Hatter House Anderson, IN 46016 Terrace Park Church of God June Phillippe Treasurer 3104- 173rd Street Hammond, IN 46323-2301 Terry Jones or Lynette Jones 3504 Park Circle Drive Anderson, IN 46012 The Athalie M Williams Revocable Living Trust Dated 34961 2016 Sheffield Drive Anderson, IN 46011-1346 The Church At The Crossing Maurice C Stout-Treasurer 9111 North Haverstick Indianapolis, IN 46240 The Donald R Pertler and Violet E Pertler Joint Trust Agreement Dated 4/20/88 10220 West Hill Road Swartz Creek, Ml 48473 The Edna P. Stockton Trust 6029 S.E. 49th Avenue Portland. OR 97206-6116 The Ephert R Eckelbarger Revocable Living Trust 13591 Midvale Road Waynesboro, PA 17268-9418 The Estate of Zelna S Wilsoi 13554 Sumpter Road Carleton, MI 48117 The Fisher Family Trust, Dated 11/26/91 Newton F Fisher and Violet T Fisher Trustors and/or Trustees 350 North 190th C-160 Shoreline, WA 98133 The Froeschke Family Trust, Dated February 10, 2000, Fra E Froeschke and lrmgard G Froeschke, Trustors 2500 Stratford Drive Saint Joseph, MI 49085-2714 The George R Sentman and Zona L Sentman Revocable Living Trust 1305 Elk Lane Elwood, IN 46036 The Gordon Heltzel and Jeannette Heltzel Revocable Living Trust 1308 Rochester Boulevard Rochester, IN 46975-2421 The Hill Family Living Trust, Richard 0 Hill, Barbara A Hill, Trustees 6025 East Boise Street Mesa, AZ 85205-8315 The Hollan Family Revocabli Trust Dated July 15, 1997 34835 Learn Road Leesburg, FL 34788-8541 The John T Robinson Revoc Trust Dated November 6, 199 John T Robinson and Helen M Robinson, Trustees 6204 Greeley Boulevard Springfield, VA 22152 The Kansas Evangelism BoE of the Church of God P 0 Box 67175 Topeka, KS 66667-0175 The Lawrence C Carey Living Trust 9432 Elmbrook Court Las Vegas, NV 89134-7802 The Lawrence Joseph Fry ar Mildred W Fry Joint Living Trust 11101 Pennsylvania Avenue Youngtown, AZ 85363-1621 The Lynden L Howard and V Howard Family Trust 401 No Sunset Ponca City, OK 74601-3727 The Olive I Hunter Living Trust 7119 Foster Stuart Road Azle, TX 76020-5625 The Paul Estel and Martha Ardeth HeIbling Family Trust 1100 North Meridian #46 Newburg, OR 97132 The Reddin Family Trust, George R Reddin and Eva J Reddin, Trustees 3019 East 6th Street Anderson, IN 46012-3823 The Reverend Carl Poe 622 NW Shamrock Circle Apt Lee's Summit, MO 64081-1167 The Reverend Gilbert R. Da 7638 Stone Crop Lane San Antonio, TX 78280-1588 The Reverend Mary L. Dickir 2521 North West 26th Court Fort Lauderdale, FL 33311 The Reverend Sethard Beve 5819 Georgia Avenue Kansas City, KS 66104 The Richard and Marian Lander Trust 4008 North East 59th Avenue Vancouver, WA 98661 The Richard L Quye Trust U/A/D September 95 7136 Chapel View Drive Clarkston, Ml 48346-1600 The Robert Benak and Nancy L Benak Family Trust 902 Cedar Lane Marion, IL 62959-4214 The Solid Rock Church oI0-P 0 Box 105 Osceola, IN 46561-1928 The Thomas Family Charitat do Church Extension P0 Box 2069 Anderson, IN 46018-2069 The Trust Fund of Nick J Eliopoulos or Mary N Eliopoulos 8801 Lake Shore Drive Gary, IN 46403-1510 The William F Haldeman anc Ellen Joan Haldeman Joint Trust Agreement 107 Dove Field Lane Cypress, TX 77433-1232 The Zwart Family Trust 1352 Calvin Avenue Muskegon, MI 49442-4111 Thelma A Booth 1441 Maple Drive Fairview, MI 48621-9761 Thelma C Buehler Keith 0 Buehler 1317 East 9th Street Anderson, IN 46012-4176 Thelma Denniston or George Denniston 3738 East State Road 28 Frankfort, IN 46041-8883 Thelma E Broomes In Trust For Vincent McDonald Broom and Richard James Broomes Ronald Anthony Broomes 708 Americana Court Kissimmee, FL 34758-3305 Thelma Ellington or Robert Ellington or DarI Ellington 2397 North State Road 227 Richmond, IN 47374 Thelma Kirks 503 6th Street P. 0. Box 522 Olathe, CO 81425 Thelma Overholser or Rita Forsett and Janice Modigan 3166 West Kiowa Street Colorado Springs, CO 80904 Thema Downer 368 East Rose Street Lebanon, OR 97355 Theodore S Claus or Carole L Claus 439 Meadow Grove Lane Adkins, TX 78101 Theodore S Claus or Joe C Claus 439 Meadow Grove Lane Adkins, TX 78101 Theora Wensel 2532 Mounds Road Anderson, IN 46016 Theresa D Cunningham Lori Winter Hanna 1497 Woodscliff Drive Anderson, IN 46012-9727 Theressa M Sterk Bert Sterk 10449 East 100 North Akron, IN 46910-9107 Thomas Dale Sergeant 0n748 Peter Road Wheaton, IL 60187 Thomas E and Delores M Bc Trustees U/A Dated 911197 511 South 7th Street Owensville, MO 65066-1603 Thomas E Burns Marcia K Bums 4316 Champlain Drive Fort Wayne, IN 46806-4604 Thomas E Cockerham Janet Cockerham 201 Pinehurst Court Lexington, KY 40505-2045 Thomas Etopio Gloria Etopio 3046 Dorchester Road Niagara Falls, NY 14305-1862 Thomas G Nichols Dorothy B Nichols P 0 Box 172 Siletz, OR 97380-0172 Thomas L Smith and Jeaneti Smith, Trustees or Their Successors in Trust, Under the Smith Joint Living Trust 6239 West Highway 86 Joplin, MO 64804-8583 Thomas Lee Mercer Claire Mercer 7 South Walnut Carthage, IN 46115 Thomas M. Hensley Lot 29 Van Stuben Drive Newport News, VA 23603 Thomas Malbone 13 Vidtor Drive Mooresville, IN 46158 Thomas R Justice Carol Justice 199 Lilly Creek Way Frostproof, FL 33843-9300 Thomas S Isenhart Nancy A Isenhart 7505 Colonial Drive Extension Niagara Falls, NY 14305 Tidewater Area Min Fellowst % Rev Mrs Irnishel Drew 3206 Griffin Avenue Richmond, VA 23222 Tiffany Lobdell Harold R Lobdell 17809 Southeast Tibbetts Portland, OR 97236-1126 Tiffany Sun or Rebecca Sun 21004 N.E. 122nd Street Redmond, WA 98053 Tigard Church of God Tim Anderson - Treasurer 15670 South West 98th Avenu Tigard, OR 97224 Tim W Coffman and Marvel 1 Coffman Living Trust, Createc 32983 921 Mojonnier Road Walla Walla, WA 99362-7240 Timmie McNeese or Oma ,Mane McNeese 1120 Tudor Avenue East Saint Louis, IL 62201-1048 Timmie McNeese or Barbara Desinor & Marvin, Mose, Wes McNeese & Merriland Whitehe & Sandra Richersofl & Timi Contejean & Arnetta Bailey 1120 Tudor Avenue East Saint Louis, IL 62201 Timothy B West Lucinda West 53 South Dean Road Orlando, FL 32825-3734 Timothy DWolfram Stanley Wolfram 1014 West Jefferson Siloam Springs, AR 72761-3022 Timothy Hanson 231 Hollybrier Wadsworth, OH 44281 Timothy N Pryor and Leroy Pryor and Madelerie Pryor 178 North Pickering Street Brookville, PA 15825 Timothy N Willoughby or Jane L Willoughby 228 Beeman Place Fort Riley, KS 66442-5024 Timothy Register or Paul R Register 2547 Richwood Drive Richmond, IN 47374-4660 Tom Kumpel or Vicki W Kumpel 303 Maple Avenue Gloucester City, NJ 08030 Tommie Jim Walton or Cleo J Walton 2018 Airport Drive Laurel, MS 39440 Tommie S Warner or Wayne M Warner 43 New England Avenue Battle Creek, Ml 49014-4344 Tommy Luttrell or T 0 Luttrell Jr 105 Grandview Avenue Greeneville, TN 37743-5520 Tommy Luttrell or TO Luttrell Jr or S Elizabeth Luttrell 105 Grandview Avenue Greeneville, TN 37743-5520 Tommy Moffett or Mary Sue Moffett 1956 Nordon Lane Montgomery, AL 36106 Toula Trice 904 Myers Avenue Anderson, IN 46012 Travis Allen do Monroe Probation Dept 401 East Miller Drive Bloomington, IN 47401-7728 Travis J Takesl-torse and Brenda J TakesHorse 17515 Meadow Creek Drive Eagle River, AK 99577 Travis J TakesHorse or Fred Mamaloff 17515 Meadow Creek Drive Eagle River, AK 99577 Treva A Germany 2533 West State Road 32 Covington, IN 47932-8014 Treva J Gliclewell or Bill R Glidewell In Trust For Stephanie L Boyington 3665 Whisperwood Circle Melbourne, FL 32901-8130 Triple H Corporation Raymond L Home, President 11 Wilcher Drive Laurel, MS 39443 Troy L Crittendon Marilyn C Staples 2020 Charter Lane Lithonia, GA 30058-8969 Tray RLoyd Joy LLoyd Randy ELoyd l2l2 North Madison Avenue Anderson, IN 46011 Troy Tosdale and Julia Tosdale 8562 Redstone Avenue S.E. Salem, OR 97306 Twanda DRoss or Lisa Ross 708 East Colgate Drive Tempe, AZ 85283-1965 Twanda D Ross or Mark V Ross 708 East Colgate Drive Tempe, AZ 85283-1965 Twanda D Ross or Nancy 0 Thomas 708 East Colgate Drive Tempe, AZ 85283-1965 Twanda D Ross or Mark V Rand Nancy D Thomas and Lisa M Ross 708 East Colgate Drive Tempe, AZ 85283-1965 Twilight Douma 64463 Cr33 Goshen, IN 46528-9281 Underhill Annuity Trust do Church Extension P 0 Box 2069 Anderson, IN 46018-2069 United Community Church o' Walter C Moore, Treasurer 137-24 229th Street Laurelton, NY 11413-2823 United Management Service: DBA Crownpointe Inter-Office Anderson, IN V Elaine Crockett or Isom R Crockett 1317 Greenbriar Lane Lancaster, TX 75146 Vada K Moshier or Robert ID Youmans 5466 80th Avenue Circle East Palmetto, FL 34221-9159 Valdine Renucci 5213 Palo Alto Court Sparks, NV 89436-3618 Valdine Renucci Angelina Jean Renucci 5213 Palo Alto Court Sparks, NV 89436-3618 Valdine Renucci Ellyn Jacobs 5213 Palo Alto Court Sparks, NV 89436-3618 Valdine Renucci Irene Cooper Chadwick 5213 Palo Alto Court Sparks, NV 89436-3618 Valley Community Church Jack White - Treasurer 1721 Dry Creek Road San Jose, CA 95125 Valley Community Church of 3250 North 40th Street Phoenix, AZ 85018-6464 Vann Matthews Ola Mae Matthews 5035 Kittridge Drive Charlotte, NC 28212 Veda Funkhouser Annabelle Nowlin 2727 Crown Pointe Circle Apt. 118 Anderson, IN 46012 Velma B Parks or Vola M Dormer P. 0. Box 2152 Palmer, AK 99645 Velma Hall Revocable Trust 1471 South Jefferson Street Huntington, IN 46750 Velma J Snider John W Snider 3322 Jay Drive Anderson, IN 46012 Velma M Dillard 4112 Hunt Road Fairfax, VA 22032-1461 Velma R Renz Russell R Renz 204 Jasper Way Anderson, IN 46012-3299 Velma R Renz Russell R Renz David R Renz Rebecca A Renz 204 Jasper Way Anderson, IN 46012-3299 Veneda McDonald 2616 Valley Crst Poplar Bluff, MO 63901-2331 Venice H Bryan or Shirley M Jeeninga 5625 Auston Street Leesburg, FL 34748 Vera B Anderson 1283 Brighton Drive Brighton, CO 80601 Vera L Covington C/O Louise Adams 11627 Franklin Road College Grove, TN 37046-4010 Vergie S Bowlby Anderson University, Anderson Indiana 122 Cambridge Drive Louisville, KY 40214-2807 Vergie S Bowlby Church Extension of the Church of God. Anderson 122 Cambridge Drive Louisville, KY 40214-2807 Vergie S Bowiby Church Extension of the Church of God, Anderson, IN 122 Cambridge Drive Louisville, KY 40214-2807 Vergie S Bowlby Vergie S Bowiby Endowed Seminary Scholarship Fund 122 Cambridge Drive Louisville, KY 40214-2607 Verle C Moore Leila Moore 4142 Powers Avenue, Northwf Albany, OR 97321-9367 Verle E Fridley Jr or Verle E Fridley or Grace Fridley 1922 East 5th Street Anderson, IN 46012-3525 Verle E Fridley or Grace Fridley or Verle E Fridley, Jr 123 Emerald Drive Anderson, IN 45012-3284 Verlin L Morrolf Revocable Living Trust 1135 Waterworks Road Huntington, IN 46750-4068 Verna Smith Trust 500 North Fuller Drive Indianapolis, IN 46224-8840 Verneita Bonnet 26503 State Route 161 Centralia, IL 62801-7527 Verneita Bonner or Mildred Adams 26503 State Route 161 Centralia, IL 62801-7527 Vernell S Williams or Carlin Williams 866 Crestview Drive Reedsport, OR 97467-1500 Vernon Orville Hen rikson Declaration of Trust, 33674 230 Park Avenue River Forest, IL 60305 Vernon Park Ch of God-Chic Jerome R Dandridge Trustee 9011 So Stony Island Avenue Chicago, IL 60617 Victor B Phillips or Alice W Phillips 6522 6th Street Northwest Washington, DC 20012-2616 Victor S Reid 710 East 62nd Street Chicago, IL 60637-2502 Victor V Wood 834 East Deerfield Street Springfield, MO 65807-5071 Viola A Nieman Mariann Nieman 33950 Washington Avenue Leesburg, FL 34788-4681 Viola A Tessman, and Her Successors, as Trustee of the Viola A Tessmari Trust Dated 35660 615 Sunrise Drive Sullivan, IL 61951 Viola B Hendricks 18484 Cardinal Circle Harrah, OK 73045 Viola E Bontrager or Charles V Bontrager C/O Charles V Borflrager 51479 CR23 Bristol, IN 46507 Viola F Zimmerman or Donna M Bores 107 Maple Avenue North Lehigh Acres, FL 33936 Viola L Hall Beatrice Thompson C/O Elvin Lytle 6201 Malibu Drive Raleigh, NC 27603 Viola L Hall Elvin E Lytle C/O Elvin Lytle 6201 Malibu Drive Raleigh, NC 27603 Viola L Hall or Beatrice Thompson and Elvin E Lytle C/O Elvin Lytle 6201 Malibu Drive Raleigh, NC 27603 Viola M Berith in Coraleigh Holverson 2110 Leonard Northeast Apt 4 Grand Rapids, Ml 49505-4240 Viola M Berithin Douglas McFarling 2110 Leonard Northeast Apt 4 Grand Rapids, MI 49505-4240 Violet L Knoy 1690 Burton Lane Martinsville, IN 46151 Violet Louise Nichols 521 2nd Street E. Huntington, WV 25701 Violet M Mc Intosh Trust 2626 'E' Street North Bend, OR 97459 Vira M Wilson 411 Cadillac Street Ligonier, IN 46767-1210 Virgel G Parcels or Annabelle Parcels 10650 West Saratoga Circle Sun City, AZ 85351-1854 Virgil L Darkwood or Edith Darkwood 12584 Central Street White Pigeon, MI 49099-9016 Virginia Assembly of The Ch P 0 Box 507 Big Stone Gap, VA 24219-0507 Virginia Blevins or Charles Blevins or John Blevins and Marsha Hudson 1025 Towsey Drive Anderson, IN 46012 Virginia Burns Wilson 1905 Spring Street Fort Wayne, IN 46808-3058 Virginia Burns Wilson or Patricia M Paitan and Thomas Bums and David L Burns and Paul W Burns and James E Bt 1905 Spring Street Fort Wayne, IN 46808-3058 Virginia C Faulkner or Jouett Faulkner 704 Faulkner Avenue Lexington, KY 40505-1800 Virginia D Lawhom Marion E Lawhorn 10706A Richland Road Mascot, TN 37806-1111 Virginia E Christy Trust Dated 12/27/89 1461 Oriental Avenue Gloucester City, NJ 080:30-2242 Virginia L Cabler 13115 Southeast Foster Roac Portland, OR 97236-4582 Virginia L Schrock or Elmer Schrock Tideview Estates 1207 45th Avenue Drive East Ellenton, FL 34222-2708 Virginia Mc Coy 1819 West 10th Street Anderson, IN 46016-2712 Virginia Moore Danny D Moore 14649 South Princeton Avenut Dolton, IL 60419 Virginia 0 Cripps or Robert S Cripps or Kathleen A Vangel and Denise I Swart 5794 Poplar Court Huber Heights, 01-I 45424-2466 Virginia T Phillips or Ben H Phillips 509 North 1st Street Colquitt, GA 31737 Virginia Wenning Timothy G Wenning 2330 Ridge Crest Drive NE Lanesville, IN 47136-8102 Vivian Phelps or Mart Edward Phelps 714-35th Street Southeast Cedar Rapids, IA 52403-4308 Vivian Z Phelps 714-35th Street Southeast Cedar Rapids, IA 52403-4308 W C Starnes Bertha I Starnes 1520 North Pine Street Meridian, MS 39305 W Earl Blevins or Kenneth E Blevins P 0 Box 7910 Tampa, FL 33673-7910 W Eugene Roberts or Bonnie Roberts Route 4 Box 158A Mitchell, IN 47446 W J Pate or Sandra W Lemieux RR I Box 259 Cuthbert, GA 31740-9742 W J Pate or Edwin S Pate RR 1 Box 259 Cuthbert, GA :31740-9742 W Beltz or Helen L BeIt.z 4222 Klerner Lane New Albany, IN 47150 W R Rogers or Marilyn Rogers 249 Frazer Lake Charles, LA 70605 W Roger Mc Coy or JoAnn E Mc Coy 6469 West 300 North Columbia City, IN 46725-9149 Wallace Lawson or Elizabeth Luton 415 Monroe Street Thayer, MO 65791 Wallace Revocable Trust, Ward Wallace and Ruth Wallace, Trustees 1610 Reynolds Road Box 353 Lakeland, FL 33801 Walter Boyer and Bernice Bc or Naomi Matous and Yvonne Tuxhorn Lantana Apts #1613 5210 Long Prairie Road Flower Mound, TX 75028-2272 Walter Boyer or Yvonne Tuxhorn or Naomi Matous Lantana Apts #1613 5210 Long Prairie Road Flower Mound, TX 75028-2272 Walter D Cooper 400 6th Avenue North Amory, MS 38821-3133 Walter D Gonser and Mary L Gonser as Trustees of the Walter D Gonser and Mary Lot Gonser Trust Dated 112198 1615 North 075 East LaGrange, IN 46761 Walter E Shrewsbury or Virginia R Shrewsbury 243 Marlow Road Mansfield, OH 44906-3043 Walter H Woodworth or Evelyn M Woodworth 6375 East Pierson Road Flint, Ml 48506 Walter J Girt or Mary B Ballinger and Jeane Whitmoyer 909 Park Avenue Anderson, IN 46012 Walter Knepp or Caroline R Knepp 1140 Boulder Ridge Drive New Haven, IN 46774-2922 Walter Kufeldt or Doris M Kufeldt or David J Kufeldt and Timothy J Kufeldt and Steven J Kufeldt and Rebecca J Kendall 34122 Hunt Avenue Leesburg, FL 347884367 Walter M Doty John D Doty 1905 Kinney Avenue Austin, TX 78704-3323 Walter or Margaret Tiesel 92 Lochwood Court New Albany, IN 47150-7722 Walter R Gatton or Eileen J Gatton 1261 Harmes Way Port Orange, FL 32119 Walter R Wattenbarger or Sharon Wattenbarger 2309 Ontario Street Fort Wayne, IN 46802-6743 Walter W Bittner or Irene 0 Bittner 1613 North Linden Street Normal, IL 61761-1474 Walter W Miller or Mary M Miller 630 Maplewood Avenue Anderson, IN 46012-3027 Walton A Carter Jr and Lesta Ruth Carter Trust Dated April 11, 2000 4740 West 300 South Anderson, IN 46011-9406 Wanda B Bonham Elizabeth K Morris 153 Burchwood Drive Saint James, MO 65559-1403 Wanda Sweet Trust, Wanda Sweet, Trustee Box 242 Stratton, CO 80836 Wanona Salyers James A Salyers 2120 Mantz Street Ashland, KY 41101-4756 Warren A Martin or Wilbur Martin or Elsie D Martin % Wilbur 0 Martin Box 336 Bowdon, ND 58418 Warren C Smith or Martha P Smith 128 East Washington Street Auburn, IN 46706 Warren E Dillard or Velma M Dillard 4112 Hunt Road Fairfax, VA 22032 Warren Pope or Ruth Pope 617 West Country Lane Collinsville, IL 62234-4765 Washington Ave Church of c 4051 Washington Avenue Saint Joseph, Ml 49085-9599 Wayford J Cole or Carolyn V Georgicu and Catherine V Stallings C/O CV.Stallings 1914 West Gray Street Apt 3( Houston, TX 77019 Wayne A Walls Revocable Living Trust. Dated 1014/01, Wayne A Walls, Grantor and/or Trustee. 10139 Yeoman Lane West Palm Beach, FL 33411-3142 Wayne B Weller Ruth H Weiler 3335 Redwood Road Anderson, IN 46011-3838 Wayne DeRossett Norma DeRossett 637 North Park Place Bolivar, MO 65613-1578 Wayne E Denniston and Vivian P Denniston Trust 5951 Village Drive Haslett, Ml 48840-9503 Wayne J Barber or Barbara J Barber 536 Warren Avenue Flushing, Ml 48433-1462 Weller Family Trust 16175 East Jackson Drive Tekonsha, Ml 49092 Wendell Boyd Virginia Boyd 28 Monroe Street Inwood, NY 11096-1924 Wendell W Stiver Lois K Stiver 2396 Wendell Lane Mount Dora, FL 32757 Wesley Padgett Jr or Debris Padgett 1032 Bell Drive Madisonville, KY 42431-2334 Wesley S Cole Patricia L Ford 10440 Mission Lane Sun City, AZ 85351-4868 Wesley S Cole United Church of Sun City 10440 Mission Lane Sun City, AZ 85351-4668 Wesley S Cole Trust, Wesley S Cole Trustee 10440 Mission Lane Sun City, AZ 85351-4868 Wesley Steele lone Steele 2741 West 85th Anchorage, AK 99502-2203 West Pullman Church of Goc Samuel Strachan 449 West 129th Place Chicago, IL 60628-7415 West Texas Assoc of Chog Darrell G Basham 5955 Satcon Cliff Drive Austin, TX 78749-4258 Westbury Divine Congregatk Church of God 911 Brush Hollow Road P. 0. Box 354 Westbury, NY 11590 Wilber D Stauffer Evelyn A Stauffer 10980 Highway 26 Dixon, MO 65459-8290 Wilbert Kelber Pearl E Kelber Lawrence J Kelber 15817 Shell Crest Drive Fort Myers, FL 33917 Wilbur G Hunter Anita R Hunter 11628 Ste Route PP West Plains, MO 65775 Wilbur Martin P 0 Box 336 Bowdon, ND 58418-0336 Wilbur 0 Martin Elsie D Martin P 0 Box 336 Bowdon, ND 58418-0336 Wilena F Hamilton Homer 0 Hamilton 4334 West Cross Street Anderson, IN 46011 Wiletta Blevins or Omer Blevins 1634 Huffman Boulevard Fort Wayne, IN 46808-2215 Wilhelm Schiwek Revocable Trust Agreement Dated 7/29I 650 Bird Bay Drive East 104 Venice, FL 34292-1227 Willa Mae Glass or Gloria Glass Gayters 5645 Vicarage Walk Alpharetta, GA 30005-7864 Willard E Landis or Norma J Landis 330 North 10th Street Decatur, IN 46733-1553 Willard Higgins and Betty L Higgins 831 Chapman Lake Drive Warsaw, IN 46582-7832 Willard Higgins or Betty L Higgins 831 Chapman Lake Drive Warsaw, IN 46582-7832 Willard J Armey and Glenna Armey Joint Living Trust 1400 Main Street Hawthorne, FL 32640-5002 Willard W Strawn Vae I Strewn 3002 Wayne Avenue Connersville, IN 47331 William A Erickson Penny Larsen E2914 East Deer Lake Road Au Train, MI 49806 William A Johnson Ellen M Johnson 2492 Phipps Lane Northeast Salem, OR 97305-1956 William A Miller and Ursula Miller 6246 Norbum Way Lansing, MI 48910 William Allison Unitrust do Church Extension P 0 Box 2069 Anderson, IN 46018-2069 William C Aldridge Jr Jewell D Aldridge 1013 Raven Avenue Mount Sterling, KY 40353-7917 William C Tuite or Jerry P Tuite 421 East 4th Street Alexandria, IN 46001-2503 William C Wiltsey Sandra L Wiltsey 614 Powell Street Gloucester City, NJ 08030-2042 William Clayton Starnes Juanita Starnes 1520 North Pine Street Meridian, MS 39305-3421 William D Brenner Julia G Brenner 829 West State Street Albany, IN 47320-1516 William D Brenner Julia G Brenner Deborah C Perrot 829 West State Street Albany, IN 47320-1516 William D Dover or Beverly F Dover 2860 Skyline Falls Drive Sand Springs, OK 74063-8300 William D Root or Kathryn Root 4202 Parkcrest Houston, TX 77034 William Deaton and Roberta Deaton 3829 Tammarack Terrace Coloma, MI 49038-9472 William E Blair Alberta M Blair 116 South High Street #13G Eaton, IN 47338 William E Blair or Alberta M Blair or David N Blair 116 South High Street #130 Eaton, IN 47338 William E Blair or Alberta M Blair or Judith E Kimbel 116 South High Street #13G Eaton, IN 47338 William E Blair or Alberta M Blair or William Leroy Blair 116 South High Street #13G Eaton, IN 47338 William E Blair or Alberta M Blair or Gloria Campbell and Bill L Blair and David Nolan and Judy Alspaugh 118 South High Street #13G Eaton, IN 47338 William E Haste or Dorothy M Haste RR 1 Box 94 Heltonville, IN 47436-9709 William E Todd or Sharon Just Todd 10031 Oak Ridge Drive Sun City, AZ 85351-1222 William E. Kitchens, Jr 3671 Scippes Road Federalsburg, MD 21632 William F Breeding or Shirley H Breeding 202 Wright Mill Lane Federalsburg, MD 21632 William C Bartlett or Fern Louise Bartlett 1315 East Beardsley Elkhart, IN 46514 William H Amos Cliff A Amos P 0 Box 221 Lebanon, MO 65536-0221 William H Anderson or Lessie A Anderson 9051 Sara Lane Shreveport, LA 71118 William H Lobdell Jr & Elleer C Lobdell Trust UDT 3/19/97 5527 Southeast 128th Avenue Portland, OR 97236-4101 William L Hargett Mattie N Hargett 9025 Sharon Oklahoma City, OK 73159-7125 William M Hooten Revocable Trust Route 1 Box 229-H Seminole, OK 74868 William M King Phyllis King 2403 Cecelia Avenue Maryville, TN 37804-2610 William M Ramser Janet E Ramser 5829 Southwest 22nd Terrace Topeka, KS 66614-1809 William Mahanay or Lois E Mahanay 1112 Maple Avenue Dalhart, TX 79022 William Michael Dorif 902 Old Orchard Road Anderson, IN 46011-2417 William 0 Cockrell Erma G Cockrell 165 South Drive . Lake Wales, FL 33859-8208 William P Henricks or Barrie M Cunningham 7600 4th Avenue North Saint Petersburg, FL 33710-6713 William P Hiddleson and Carolyn R Hiddleson 114 Brungardt Drlvp Cabot, AR 72023-2102 William P Seibert, Trustee oi Vivian Virgene Seibert, Trustee, Living Trust, Dated 31428 127 Hawkinson Avenue Galesburg, IL 61401 William Parman or Louise Parman 118 Frances Drive Greeneville, TN 37743 William R Dufendach Marilee K Dufendach 1640 Twin Oaks Drive Deland, FL 32720 William S Mc Donald Sr or Patricia A McDonald 9000 South Shartel, Apt. 103 Oklahoma City, OK 73139-5142 William Shrout or Julia Shrout 15160 Southeast 122nd Avers Clackamas, OR 97015-8280 William Starnes Bertha I Starnes 1520 North Pine Street Meridian, MS 39305-3421 William U Reust or Michelle Reust 1105 Rocky Shore Terrace P-t Kimberlirig City, MO 65686 William W Bashford Imogene H Bashford 212 Fairview Avenue Mount Sterling, KY 40353-8169 Williams Family Trust, L Mandell Williams or Joyce W Williams, Trustees 152 Williams Lane Lucedale, MS 39452-7935 Willian E Blair Alberta M Blair Gloria J Campbell 116 South High Street #130 Eaton, IN 47338 Willie Floyd Jr Mammie Floyd 5541 Northwest 179th Terrace Opa Locka, FL 33055-3139 Willie Spann Barney Spann 2573 Minosa Circle Jacksonville, FL 32209 Willie T Barrow 7736 South Euclid Street Chicago, IL 60649-4612 Willis W Bowers Trixie Bowers 4320 Cedar Creek Road Greeneville, TN 37743-2605 Willow Grove Church of God Vera Jackimek - Treasurer 90 Honeysuckle Road Camden, DE 19943 Wilma Ballinger 328 North Maverick Gordon, NE 69343 Wilma C Adams or Iona M Show or Vivian K Poore cia lone Shaw 45 East 9th Place #19 Mesa, AZ 85201-4305 Wilma K Rockwood 534 Boyer Avenue #332 Walls Walla, WA 99382-2047 Wilma L Osegueda or Dennis L Osegueda 6805 South Country Club Driv Oklahoma City, OK 73159-2947 Wilma N Smith % Larry Lautaret 170 East Blanchard Lake Roa Whitefish, MT 59937-8466 Wilma V Blair or Wilena B Hamilton 4332 West Cross Anderson, IN 46011-9027 Wilson E Deal or Wilma F Deal 1851 Enon Road Valdese, NC 28690-9774 Winfield First Church of God P 0 Box 638 Winfield, KS 67156 Winnie Bradford Wilma J Swart Donna R Stroupe 3931 East Morrow Drive Phoenix, AZ 85024-6341 Wm Douglas Adkins In Trust for Anna Robin Johnson 56 Midlane Place Melbourne, FL 32934-9271 Wm Youngman p 0 Box 340 Oakwood, IL 61858-0340 Women In Ministry/Mission F Attn: Christina T Accornero P 0 Box 1304 Anderson, IN 46015-1304 Women of the Church of Go( 1620 Waterhouse Avenue Chattanooga, TN 37412 Wyoming General Assem, 01 Louise Slack-Treasurer 900 Sheridan Route 2 Powell, WY 82435 Yoder Family Revocable Living Trust 3320 Tiger Lane Centralia, WA 96531-1558 Yvonne J Jenkins 2995 Arrowood Drive East Point, GA 30344 Yvonne Wallace 13010 Lentando Lane Cypress, IX 77429-3511 Zane Geberin 2326 Lammermoor Lane Indianapolis, IN 46214 Zane Geberin or Mary Ann Geberin 2326 Lammermoor Lane Indianapolis, IN 46214 Zella M Ballinger Shawn A Ballinger 328 North Maverick Gordon, NE 69343 Zello Rouse Mabel Rouse 2727 Crownpointe Circle Apt. 208 Anderson, IN 46012 Zello Rouse Mabel Rouse Warner Press inc 2727 Crownpoirite Circle Apt. 208 Anderson, IN 46012 Zelma B Johnson 7129 Millard Highway Pikeville, KY 41501-8101 Zelma B Johnson Charlotte J Sapp 7129 Millard Highway Pikeville, KY 41501-8101 Zelma B Johnson Mary H Compton 7129 Millard Highway Pikeville, KY 41501-8101 Zelna S Wilson Lorna J Brown 13554 Sumpter Road Carleton, MI 48117 Zelna S Wilson or Joanndra Mitchell 13554 Sumpter Road Carleton, Ml 48117 Zelna Wilson 13554 Sumpter Road Carleton, MI 48117 Zeno Schultz Patricia Lou Schultz 1853 South Street Road 19 Akron, IN 46910 Zone L Sentman and Georg Sentman Revocable Living Tr 1305 Elk Lane Elwood, IN 46036 Zonia L Mitchell Keri Mitchell 500 Chickasaw Drive West Monroe, LA 71291-2210 Zonia L Mitchell or Dennis R Mitchell 500 Chickasaw Drive West Monroe, LA 71291-2210 Zuda T Mercer 38524 Windflower Avenue Zephyrhills, FL 33540-6363 12/12/2e03 14:18 765644479 CHURCH EXTEIUN v. L(L) M) 0

INSTITUTIONAL NOTE

CHURCH EXTENSION OF THE CHURCH OF COD, INC. P.O. BOX 2069 - ANDERSON, INDIANA 46018 4F

Thiw':h I cniirn of the (hureil or God. Inc.. Anderson. Indiana. A Not.For-Proflt Corporation, in the oiny MiidisoA. state of Indiarni. for value received hereby promises to pay to: CnLrnI Cummwilty ClIOG 100 W". I Maple LI Wcblta, KS 672092129 LI

U

or duly ettahtLhcd heirs or personal representatives from the original Investment date hereof at its office. Anderson. !niJkma. the quin indicated above as INVESTMENT AMOUNT together with Interest due at the -mie of seven percent (liX%) per annum; subject to terms stated below,

TERMS OF NOTE

A. The term of the hisiltuikrnal note shall be 7.00% llxed for 18 months. Deposits may be made at any time without penalty: no fkmds may be withdrawn until 6130101.

. l'hs note fa non-negotiable and is transferable only with written consent of Church Extension of (ho C1nrch of Cod. Inc.

in'reitimony Whereof. Church Extension of the Church of Coil, Inc., has caused this note to be signed t.1 s7 is ageii at Anhrvn. tndl*na.

JALGVL David 1ortuie Treasurer

I COPY

12/12/263 1418 7656440479 auui tLA 'truri

Church Extension of the Church of God, Inc. P0 Box 2069 Anderson, Indiana 4608 (765) 644-2555 INSTIiVTIONAL NOTE DEPOSIT RECEIPT

Central cavounity CHOG 6100 West Maple Wichita, KS 6720962129

OTHER INVESTMENT OP?ORTUNU7ES. ACCOUNT STATUS a- you considered other, Church Extension i.nvestnieru opportunities that provide a h1)er rate Name ...... * . . 60735 of return, while helping fund capital needs of Registration ...... 000000127 :ongregations? Investment ...... 1730

Date of deposit ...... 05/14/2001 Beginiing balance ...... $1,744,610.58 Amouhtof deposit , ...... $150,000.00 CurrentbsIance ...... $1,894,610.58 I C=ent Interest rate ...... 7.000%

(Retura ddrp= with your neNt deposit)

D S4V1NGS DEPOSIT!WI771D&4 WAL FORJI

Pletze Do No Send Cash Ccnral Communlw CHOG. -.-.-.. s.—._._ •.- 6100 West Maple S 57209.2129 Regtswatlon 000000127 Investment 1730 Date Deposit Church Extensioa of the Church of God, Inc. Withdrawal 1 $ P0 Box 2069 Anderson. IN 4613 S7g,uwe: -- en1 y J Er j ,,

Daniel M. Ent Steven R, Imler Ent & Imler CPA Group, P C Dculd A McDanlel FOCUSING ON THE FUTURE

December 2, 1997

Mr. J. Perry Grubbs, President Board of Church Extension and Home Mission, Inc. P0 Box 2069 1812 University Boulevard Anderson, IN 46018-2069

Dear Perry:

We are pleased to confirm our understanding of the services we are to provide for Board of Church Extension and Home Mission, Inc. for the year ended December 31, 1997.

We will audit the Statement of Financial Position as of December 31, 1997, and the related statements of activities and cash flows for the year then ended.

Our audit will be conducted in accordance with generally accepted auditing standards and will include tests of your accounting records and other procedures we consider necessary to enable us to express an opinion as to whether your financial statements are fairly presented, in all material respects, in conformity with generally accepted accounting principles. If our opinion is other than unqualified, we will fully discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit, we will not issue a report as a result of this engagement

Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, tests of the physical existence of assets, and direct confirmation of investments, receivables and certain other assets and liabilities by correspondence with selected funding sources, creditors, and financial institutions if they are significant. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will also request certain written representations from you about the financial statements and related matters.

8335 Allison Pointe Trail • Suite 320 • Indianapolis. Indiana 46250 o FAX 317-577-7724 • 317-842-4466

JAN-e9-204 14:44 765 644 0479 P.2 Sent ay: CEriM; 044 i; r

An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. Also, we will plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. However, because of the concept of reasonable assurance and because we will not perform a detailed examination for all transactions, there is a risk that material errors, fraud, or illegal acts, may exist and not be detected by us. However, we will inform the appropriate level of management of any material errors and any fraud that comes to our attention. We will also inform the appropriate level of management of any other illegal acts that come to our attention, unless clearly inconsequential. Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors.

We understand that you will provide us with the basic information required for our audit and that you are responsible for the accuracy and completeness of that information. We will advise you about appropriate accounting principles and their application and will assist in the preparation of your financial statements, but the responsibility for the financial statements remains with you. This responsibility includes the maintenance of adequate records and related internal control structure, the selection and application of accounting principles, and the safeguarding of assets. Management is also responsible for identifying and ensuring the organization complies with applicable laws and regulations.

We understand that your employees wiJl type all confirmations we request and will locate any invoices and documents selected by us for testing.

Our audit is not specifically designed and cannot be relied on to disclose report- able conditions, that is, significant deficiencies in the design or operation of the internal control structure. However, during the audit if we become aware of such reportable conditions or ways that we believe management practices can be improved, we will communicate them to you in a separate letter.

We expect to begin our audit on approximately March 1, 1998 and issue our report no later than April 14, 1998.

Our fees for these services will be based on the actual time spent at our standard hourly rates. Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit.Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Based on our preliminary estimates, our fee should be approximately $33,000. These estimates are based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit.

iAN-09-204 1444 765644 0479 eri y: u, •-

If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate before we incur the additional costs.

We appreciate the opportunity to be of service to the Board of Church Extension and Home Mission, Inc. and believe this letter accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.

Sincerely,

ENT & IMLER CPA GROUP, PC

Steven it. Tinier, CPA

SKS\dle\CLIENTS\ 19797\97EN0.LTR

RESPONSE:

This letter correctly sets forth the understanding of the Board of Church Extension and Home Mission. Inc.

Signai

Title:

Date: _i - l1''7

JAN-09-2004 1444 765 644 0479 96/ P.04 QcnieiM z^i Steven . r'Ier Ent Tinier CPA Group, PC OOV} A .1 C'pe CrCCr FOCUSING ON THE 'FUTURE

INDEPENDENT AUDITORS' REPOR

Board of Directors Church Extension of the Church of God, Inc. and Related Entities Anderson, Indian

We have audited the accompanying consolidated statements of financial position of Church Extension of the Church of God, Inc. and Related Entities (Church Extension) as of December 31, 2000, 1999 and 1998, and the related consolidated statements of activities and cash flows for the years then ended. These consolidated financial statements are the responsibility of Church Extension's m11gement Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing standards. These standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated dnancial statements. An audit also includes assessing the accounting principles used and siiicant estimates made by management, as well as evaluating the overall financial statements presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Church Extension of the Church of God, Inc. and Relaxed Entities as of December 31, 2000, 1999, and 1998, and the changes in its net assets and its cash flows for the years then ended in conformity with generally accepted accounting principles.

d"-.t A44 44 A-0ur"et, ENT & IMLER CPA GROUP, PC

Indianapolis, Indiana September 27, 2001 CHURCH 005649

.875 Ccafle Creek Palay' S4te 290 • Indacpol, Irdona 46250 • FAX 317.577-7724.31 7-8424466 31 DonIeM.Ent - Steven R. rnler Eat Imler CPA Group, PC DavU & McCe4 Jept Gcrd.,E. o FOCUSING ON THEFU!1JfE

INDEPENDENT AUDITORS' REPORT

Board of Directors Church Extension of the Church of God, Inc. and Related Entities Anderson, Tndrniit

We have audited the accompanying consolidated statements of thimicial position of Church Extension of the Church of God, Inc. and Related Entities (Church Extension) as of December 31, 1999, 1998 and 1997, and the related statements of activities and cash flows for the years then ended. These consolidated financial statements are the responsibility of Church Extension's management Our responsibility is to express an opinion on these financial statem based on our audits.

We conducted our audits in accordance with generally accepted auditing standards. These standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes exiining j on a test basis, evidence supporting the amounts and disclosures in te flnancW statements. An audit also includes assessing the accoimthg principles used and siificant estimates made by mmegemant, as well as evaluating the overall financial statmnt.c presentation. We believe that our eudits provide a reasonable basis for our opinion.

In our opinion, the consolidated 5"ncja1 stments referred to above present fairly, in all material respects, the financial position of Church Extension of the Church of God, Inc. and Related Entities as of December 31, 1999, 1998 and 1997, and the changes in its net assets and its cash flows for the years than ended in conformity with generally accepted accounting principles.

1* t 4141 C,4tt 14?'t ENT & MM CPA GROUP, PC

Iiit 1ei9io1iS, Tndiana March 17, 2000 CrnJcR 005597

- s.,. ..,' m am j a I I ___p _J. f%--J- - A..,& - - I .4 44 I 0 - ••I44J• • CHURCH EXTENSION OF THE CHURCH OF GOD, INC. (formerly Church Extension and Home Missions of the Church of God, Inc.)

1812 Anderson University Boulevard P.O. Box 2069 Anderson, Indiana 46018-2069 (765) 644-2555

Unsecured Debt Securities Offered

$32,000,000

S 30,000,000 $2,000,000 5% to 9% 0% to 8.25% Demand Notes Life Investment Notes (Conditional Gifts) Investment Notes, 180 days to five-year maturities

(Collectively "Notes")

The Demand and Investment Notes and Life Investment Notes have not been approved by the Certain Investment Notes are also available as SEC or any state securities commission, nor have investments for Individual Retirement Accounts. these organizations determined that this Offering Circular is accurate or complete. It is illegal for We are identified through our common religious faith anyone to tell you otherwise. with the Church of God, Anderson, Indiana. We are concurrently offering the Notes to eligible Investors in most states where qualified and the District of There are no underwriters or outside selling agents Columbia. involved and no commissions or underwriting expense will be paid. We will receive 1001/a of the proceeds of We are dependent to a great extent upon the support of the sale of the Notes. Out of which we must pay all Investors for our continued ability to financially assist related expenses of the offering which we estimate will our Church Organizations, many of which cannot be approximately S 100,000 per year. finance their capital expansion projects from commercial loan sources at prevailing rates of interest. You should rely only on the information provided in We expect that you, at least in part, will be motivated in this Offering Circular. We haven't authorized anyone purchasing Notes by a desire to support our church else to provide you with any other or different extension work on behalf of the Church of God. information. In order for you to purchase any Notes, you must be a member of, a contributor to (including an Your purchase of Notes is subject to certain risk.,. investor) or participant in the Church of God or Please read the "Risk Factors" beginning on page 6. Church Extension or In any program, activity, or organization which constitutes a part of the Church of God or Church Extension or in other Protestant There is a Table of Contents for your reference on the church organizations which have a programmatic back cover of this Offering Circular. relationship with the Church of God or Church Extension.

Please read the information applicable to specific states on the next page. This information will apply to you if you live in one of those states. The date of this Offering Circular is May 1, 2000.

CHURCH 005565 Although we are qualified to offer and sell our Notes in the following states, these states require the following special disclosures which you should read if you live in one of these states:

California Residents: If you are a resident of California, your Investment Notes will not be automatically renewed at maturity. We will notify you approximately thirty (30) days before your Note matures, at which time you will have the opportunity to send in the Note for repayment or notify us of your intention to renew the Note for an additional like term or reinvest the principal balance of the Note in another form of Note that is available at that time. If you do not affirmatively elect to renew or reinvest, the principal balance of the Note will be paid to you upon your sending the Note to us for payment. If the Note is not sent to us for repayment or if you do not elect to renew or reinvest, on the maturity date and after that, the Note will be treated as and earn interest as a Demand Note until such time as the Note is received for payment or you elect to renew or reinvest. California residents will only be able to renew their Notes or reinvest in other Notes if we hold a current registration permit in California. We cannot assure you that such permits will be issued in the future.

Georgia Residents: If you purchase Notes, you will have the unqualified and unwaivable right to rescind the purchase within 72 hours of the execution of a written agreement to purchase the Notes, or the delivery of a confirmation of sale or the payment for any Notes, whichever occurs first. You may accomplish the rescission by completing and mailing the "Notice of Rescission" which is included on page 53 of this Offering Circular.

Louisiana and Oregon: We are not offering and cannot sell our Demand Notes to residents of Louisiana and Oregon.

Michigan Residents: We are offering and selling our Notes in Michigan pursuant to a claim of exemption from registration under Section 402(a)(8) of the Michigan Uniform Securities Act and Section 3(aX4) of the Securities Act of 1933. We have not filed a registration statement relating to our Notes with the Corporation and Securities Bureau, Michigan Department of Commerce or with the SEC. Neither the Bureau nor the Commission has passed upon the value of these Notes, made any recommendation as to their purchase, approved or disapproved the offering, or passed upon the adequacy or accuracy of this Offering Circular. It is illegal for anyone to tell you otherwise.

The total of unsecured Notes to be sold in Michigan during this offering period is $2 million, consisting of

2.50% - 5.00% - demand 4.75% - 7.75% -48 months 2.75% - 5.50% - 180 day (churches only) 5.50% - 8.25% - 60 months 4.00% - 7.00% - 12 months 4.25% - 7.25% - 24 months 4.50% - 7.25% - 3 year (IRA) 4501/1 6 - 7.50% -36 months 5.50% - 8.25% - 5 year (IRA)

We have not previously sold our Notes in Michigan in the last 5 years.

Missouri Residents: The Notes have not been registered under the Missouri Uniform Securities Act because they are exempt from registration by Section 409.402(aX9) of the Act In making an investment decision, you must rely on your own examination of our organization and the terms of the offering, including the merits and risks involved. The Notes have not been recommended by any federal or states securities commission or regulatory authority. Furthermore, these authorities have not confirmed the accuracy or determined the adequacy of this Offering Circular. it is illegal for anyone to tell you otherwise.

New York Residents: The Attorney General for the State of New York has not passed on or endorsed the merits of this offering. Any representation to the contrary is unlawful.

C11IJRCH 005566 Pennsylvania Residents: Every Pennsylvania purchaser of the Notes has the right to withdraw from the purchase as provided by Section 207(m) of the Pennsylvania Securities Act of 1972. If you accept an offer to purchase the Notes you may elect, within two business days after the first time you receive this offering circular, to withdraw from your purchase of Notes and receive a full refund of all monies paid by you. Your withdrawal will be without any further liability to any person. To accomplish this withdrawal, you need only send a letter or telegram to us indicating your intentioti to withdraw, Such letter or telegram should be sent and postmarked prior to the end of the second business day mentioned above. If you are sending a letter, it is prudent to send it by certified mail, return receipt requested, to ensure that it is received and also to evidence the time it was mailed. Should you make the request orally, you should ask for written confirmation that your request has been received.

A registration statement in connection with this offering has been filed in the offices of the Pennsylvania Securities Commission, 1010 North Seventh Street, Harrisburg, Pennsylvania. The registration statement contains information and documents not included in this Offering Circular. The documents and additional information are available for your inspection at the Harrisburg, Pennsylvania offices of the Commission during normal business hours.

South Carolina Residents: We are not offering and cannot sell our Demand Notes to residents of South Carolina. If we do not pay principal or interest on your Note for a period of 90 days from the date of lawful demand by you, other than by clerical error or administrative oversight, it will be an event of default, unless you waive the default or we lawfully contest the payment. A default on your note will constitute a default on all of our Notes of the same class issued to other South Carolina Investors under this Offering Circular. Upon default, South Carolina Investors shalt have the right to obtain the names and addresses of all South Carolina Investors of Notes in default and by a vote of 25% of these Investors, to declare all defaulted Notes in South Carolina due and payable in full.

Tennessee Residents: These Notes are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under the Securities Act of 1933, as amended, and the applicable state securities laws, pursuant to registration or applicable exemption. You should be aware that you may be required to bear the financial risk of your investment for an indefinite period of time.

Washington Residents: As a prospective purchaser, you are entitled to review our financial statements which are included in this Offering Circular. Receipt, of a Notice of Exemption by the Washington Administrator of Securities does not mean that the Administrator has approved or recommended the Notes or that the Administrator has determined that this Offering Circular is accurate or complete. It is illegal for anyone to tell you otherwise. The return of your funds to you at the time of maturity of your Notes is dependent upon our financial condition.

CII1JICH 005567 SUMMARY OF THE OFFERING

We provide this summary for your convenience. Since it is only a summary, you must read it together with the more complete statements and information included in this Offering Circular, including the audited financial Statements. See Definitions' on page 31 of this Offering Circular.

I. Church Extension. Church Extension of the will be paid in connection with the sale of the Notes. Church of God, inc. is an Indiana nonprofit corporation, See "USE OF PROCEEDS." with its principal offices located in Anderson, Indiana. We are affiliated with the Church of God as one of its 5. Management. The affairs of Church Extension are autonomous administrative units through a common managed by our 14-member Board of Directors, that religious purpose and faith. See "INTRODUCTION" meets regularly 3 times a year. The following and "HISTORY AND OPERATIONS." administrative officers are responsible for our day-to- day operations: 2. Description of the Notes. We are offering unsecured debt securities in the form of Demand Notes, J. Perry Grubbs, President one to rive year Investment Notes and Life Investment Cecil W. Watson, Executive Vice President Notes, Also, I SO-Day Investment Notes are available Larry E. Sloan, Treasurer and Chief Financial Officer for purchase generally only by Church Organizations. L. Kent Adcock, Vice President and Ass't Treasurer The present terms, interest rates and minimum David H. Fortune, Secretary and Senior Ass't Treasurer investment available at any particular time are shown in Kay Scott Grant, Ass't Secretary/Dir. of Investments the Application to Purchase. We compound interest See "MANAGEMENT." annually and retain and credit it to your account unless you elect to receive interest payments. All Investment 6. Financing Church Extension's Activities. Our Notes and Life Investment Notes are renewed primary sources of funds have been principal and automatically for additional terms equal to the original interest payments received on our Loans to Church terms (or for the closest terms being offered at the Organizations, interest and dividends earned on our time), unless, prior to the expiration of the original or Liquid Reserve Funds and other investments and any renewal term, you send us the Note along with a properties and cash receipts from the sale of our Notes written request for payment. We will send you notice and Guaranteed Investment Contracts. See of maturity at least 30 days prior to maturity of each "FINANCING CHURCH EXTENSION'S Note. You generally cannot redeem your Investment ACTIVITIES." Notes prior to maturity. When we allow early redemption, there is normally an early redemption 7, Church Extensions's Lending Activities. We use penalty. See "DESCRIPTION OF THE NOTES." the proceeds from the sale of our Notes primarily to make loans to Church Organizations, generally secured 3. Risk Factors. The purchase of the Notes is subject by first mortgages. These Loans are predominantly for to certain described risks. See "RISK FACTORS" the construction, repair, renovation of churches, which you are urged to read carefully. parsonages and relaxed facilities and the refinancing of such obligations at interest rates normally comparable to 4. Use of Proceeds. We add the proceeds of the sale of prevailing commercial loan rates. Presently, we make our Notes to our general funds and primarily use them loans generally for three year terms, with payments to make loans to Church Organizations to finance based on 15 to 25 year amortization. Part of the capital improvement projects and in part to support our proceeds may be used to support other church extension other church extension ministries. We invest a portion ministries. See "CHURCH EXTENSION'S LENDING of the proceeds in Liquid Reserve Funds in furtherance ACTIVITIES." of our policy to maintain a reasonable degree of liquidity. No underwriting discounts or commissions 8. Other Church Extension Activities. We also have youth, elder care and affordable housing ministries. We certain investment properties, obtained to a great extent maintain these holdings and activities either directly or through gifts, and other church extension ministries, i.e. through wholly owned or controlled subsidiary

4

CHURCH 005568 companies. Many of these holdings and activities a check in full payment of the amount being invested. generate various forms of income that are added to our For information concerning present terms and interest genera! funds. See "FINANCING CHURCH rates, you may call us at (765) 644-2555. EXTENSION'S ACTIVITIES" and "SUBSIDIARY CORPORATIONS AND OTHER OPERATIONS".

9. Purchase of Notes. To purchase one or more of our Notes, you should complete and sign the Application to Purchase and return it to us, along with 10. Summary o('Financial Information. The following summarizes selected financial information for 1999:

As of December 31, 1999 For the Year Ended December 31, 1999

Cash and Liquid Reserve Funds S 7,925,232 Revenue from operations* ** $22,220,896 Outstanding loans, net** $ 16,018,297 Expenses $21,990,653 Total assets $137,752,447 Change in total net assets $ 230,243 Outstanding Notes $ 70,361,095 Net assets $ 2,260,753

* Consists of cash and cash equivalents and securities shown in the Consolidated Statement of Financial Position, less certain securities that are not readily marketable. ' Does not include GIC-assigned loans. See "FINANCING CHURCH EXTENSION'S ACTIVITIES - Guaranteed Investment Contracts". * * * Includes net gains on investments, gift income and a deduction for net interest on Notes and Investment Balances.

The above financial information is on a consolidated basis with all subsidiaries. See "SUMMARY OF OPERATIONS AND OTHER FINANCIAL INFORMATION" and "FINANCIAL STATEMENTS."

INTRODUCTION

General

Church Extension of the Church of God, Inc. ("Church Extension"), formerly Church Extension and Home Missions of the Church of God, inc., is an autonomous Indiana nonprofit corporation and is one of the administrative units (or "general agencies") of the movement known as the Church of God (Anderson, Indiana). See "Restructure" below. The local congregations, regional and administrative units, colleges, a university and other related organizations of the Church of God are sometimes hereinafter collectively referred to as "Church Organizations." According to the 2000 Yearbook of the Church of GQd, the Church of God has 2,239 affiliated local congregations in the United States with a combined constituency of 231,048 persons. We were incorporated on July 9, 1921 and reorganized in 1972 under the 1971 Indiana Not-for-Profit Act. We changed our name to its present form in 1999 as a part of the restructure. See "Restructure" below. Our executive offices are located at 1812 Anderson University Boulevard, Anderson, Indiana 46012; telephone number is (765) 644-2555.

CHURCH 005569 Restructure

For the last several years, the Church of God has reviewed the need to reorganize its national structure. In June 1997, the General Assembly of the Church of God approved a plan of reorganization. We were asked to transfer portions of our operation to other entities. The home missions, church growth, and church planting functions were transferred to other Church of God agencies in early 1999.

Purpose of Church Extension

One of the most significant programs of the Church of God has been evangelism, the creation and support of new mission churches and the ongoing support of more established congregations, as well as the promotion of other ministries for our constituents. This effort, which over the years has traditionally been designated as church extension work, has required a continual commitment of financial resources. Since our inception in 1921, we have been the principal organization responsible for church extension functions of the Church of God. In furtherance of this purpose, we instituted a program of selling Notes, the proceeds from which are used in part for first mortgage loans to local congregations and other Church Organizations to finance their capital improvement projects, including church buildings and related structures.

Nationwide Offerings

We offer our Notes in numerous states and the District of Columbia. The Notes are unsecured obligations having the same priority to our assets as all outstanding Notes.

We offer our Notes on a continuing basis in each state pursuant to exemption, registration or other qualification or - applicable regulatory procedure. The amount of Notes we offer in each state depends upon a number of factors, including our prior sales experience in a state, filing and registration fees, and the necessity for periodic approval of the offerings or amounts in that state. The amount we offer nationwide primarily relates to our need for funds and the maintenance of reasonable liquidity. The amount of minimum investments, maturity dates, interest rates, and other terms for the Notes currently being offered are specified in the Application to Purchase, which accompanies this Offering Circular. Certain Notes, however, may not be available for purchase from time to time. The terms of the Notes we offer generally are comparable in all states where we offer Notes.

RISK FACTORS

1. The Notes are unsecured obligations. You must depend solely upon our general financial condition for principal repayments and interest payments on the Notes. Additionally, no sinking fund or trust indenture has been or will be established. As a matter of policy, however, we maintain cash and cash equivalents and investment securities ("Liquid Reserve Funds") in an amount not less than 8% of the principal amount of our outstanding Notes. We cannot assure you that this policy will continue in the future to that extent, particularly in the event of a decline in the market value of our Liquid Reserve Funds. However, we have issued some form of debt securities since 1921 and have never defaulted on payments of interest or repayment of principal on any of our debt securities. 2. A significant portion of our revenue is comprised of gifts and contributions, which we actively solicit. Historically, we have received many of these gifts and contributions during the last six months of the year, primarily because of year-end tax planning by donors. However, we cannot assure you that we will continue to receive these year-end gifts and contributions to the same extent in future years.

6

CHURCH 005570 3. The Notes are not transferable without our consent. In addition, the securities laws of certain states may impose conditions on transfer of the Notes. There is no market for the Notes and it is highly unlikely that a market will develop. You should, therefore, view your purchase of a Note as an investment for its liii! term. 4. In addition to our lending function, we conduct some of our operations through ministry-related subsidiary corporations. These coiporations have their own sources of earned and donated income and budget their expenses. Should the revenues needed to operate these other activities decline substantially, it may be necessary to use revenues from our general funds to fund a portion of these other ministries.

5. We regularly review our procedures to insure that our prior and current activities relating to the sale of our Notes and our procedures for making loans and the other business we transact are in compliance with applicable state laws. These previous activities may, however, have exposed us to potential liabilities. 6. It may be more difficult and costly to offer and sell our Notes in some states in the future because of changes in state laws, rules or regulations regarding the sale of debt obligations of religious, charitable or other non-profit organizations. If this occurs, the amount of Notes we sell could decrease. To the extent we depend upon the proceeds of future sales of Notes to make principal repayments on our outstanding Notes, a substantial decrease in sales could affect our ability to meet these obligations. However, we do not contemplate curtailing or eliminating the sale of our Notes.

7. Other institutions or organizations may offer notes or other investment opportunities with a higher rate of return and/or notes which provide greater security and less risk than the Notes. 8. Interest rates may vary in the future. You should be aware that, if commercial interest rates rise, we are not legally obligated to redeem your Notes prior to their maturity.

9. You will be taxed on any interest paid or payable on the Notes as ordinary income, regardless of whether you receive the interest or it is compounded. Furthermore, we are required to comply with any applicable reporting and/or withholding requirements. LO. We make loans primarily to local congregations and other Church Organizations. Current loans customarily provide for a large balloon payment on maturity. We do not normally require mortgage insurance, which many commercial lenders require. In most instances, the ability of the congregations and other units to repay loans will depend primarily upon contributions they receive from their constituents. Both the number of constituents of the local church and the amount of contributions may fluctuate. Further, in view of our relationship with our borrowers, we have been willing in the past to refinance balloon payments on maturity and, in certain instances, accommodate late payments. Also, the lending criteria we use in determining whether a loan should be made to a church borrower may be more lenient than the criteria used by commercial lenders. Although we currently have certain loan delinquencies, we have not sustained any material Losses on loans made since our inception in 1921. II. A substantial portion of our outstanding Notes have a maturity of one year or less. However, approximately 80% of our Investment Notes and Life Investment Notes historically have been reinvested upon their maturity. To the extent that demands for repayment upon maturity of our Notes may increase, and to the extent that the availability of finds from sources other than operating income is reduced, there may be an adverse effect on our financial condition. If prevailing interest rates rise, demands for repayment at maturity may exceed historical averages.

12. Church Extension is an autonomous Indiana nonprofit corporation related to the Church of God and only Church Extension is responsible for the repayment of its Notes. No other Church of God agency, institution, organization or congregation has guaranteed or is any way responsible for the repayment of our Notes.

CHURCH 005571 USE OF PROCEEDS

We add the funds received from the sale of the Notes to our general funds. We primarily use our general funds to make loans to Church Organizations to finance site acquisition and capital improvement projects, including the construction of new church facilities and the remodeling and/or purchase of existing church facilities in the United States and Canada and to fund other of our projects. We have not committed all or any portion of the proceeds to be derived from this offering for any specific projects. However, in the normal course of our operations, we are continually making loan commitments based upon the availability of funds. We may use the proceeds of this offering to fund some portion of loans in process and loan commitments. These loan commitments, however, have not been made in contemplation of this offering, and they will be funded regardless of the results of this offering. It may be necessary to use a portion of our general funds to support our other church extension ministries, i.e. youth, elder care and affordable living ministries.

We anticipate that a portion of the proceeds of this offering will be invested in certain investment securities or other reserve accounts pending their utilization for loans or in furtherance of our policy of maintaining a reasonable degree of liquidity. See "FINANCING CHURCH EXTENSION'S ACTIVITIES." No underwriters are participating in this offering and we will pay no underwriting discounts or commissions in connection with the sale or distribution of the Notes. The Notes will be sold solely through certain of our officers. We will retain 100% of the proceeds, but we will pay all expenses of this offering, including printing, mailing, attorney's fees, accounting fees, and securities registration fees which are estimated to be $100,000 per year.

DESCRIPTION OF THE NOTES

Terms

We are currently offering the Notes shown on the Application to Purchase. We offer the Notes for cash and we offer no financing terms. The Notes are issued at 100% of face value. The Notes are unsecured obligations and'will mature as follows:

Description Maturity Demand Notes Demand 180-day Notes 180 days (generally available to Church organization only) Investment Notes I to 5 years Life Investment Notes (Conditional Gifts) 5 years The Notes generally will accrue interest daily from the day of receipt. We compute interest and send it to you on the last day of the anniversary month of each year, unless you elect to have your interest paid semi-annually, quarterly or monthly. Interest may also be compounded annually, except on notes with maturities of less than eighteen months.

Notes may be purchased in certain minimum amounts as reflected in the Application to Purchase, which accompanies this Offering Circular. The interest rates on Notes may vary from time to time based upon the amount of investment, the term of the instrument and the prevailing commercial rates available as of the date of sale. The exact rates and terms being offered at any particular time are reflected in the Application to Purchase.

You may conditionally donate your Note to us by specifying in writing that we are to be added to the Note as a co- owner with the right of survivorship. Should you die before the original or extended maturity date, or in the case of a Demand Note before redemption, the Note will become our property much in the same way that we become an owner of a Life Investment Note as described below. Demand Notes

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CHURCH 005572 Demand Notes may-be redeemed by you at any time upon written notice of demand. These Notes are designed for individuals, and local churches and Church Organizations where there is a desire to have the ability to withdraw the funds when needed. The minimum initial amount accepted is $100. Subsequent investments of $100 or more can be added to the original investment as often as desired.

Investment Notes

We offer several different Investment Notes, primarily based on the Note's maturity.

Investment Notes are by far the most common Notes we issue. The interest rate at the time of purchase is fixed until maturity, which can be a length of time from 12 to 60 months (1 to 5 years). The interest rates vary depending on the length of the term of the Note. The term of an Investment Note commences on the day following the date of issuance, and expires on the applicable anniversary date.

The term of an Investment Note is automatically extended at maturity at our election at the then current rate of interest for the same like term, unless you send the Investment Note along with written demand for redemption to us prior to the original or any extended maturity date. if we elect not to extend the term, we will notify you in writing at least thirty (30) days prior to the original or extended maturity date. On Investment Notes, we will notify you by mail of the redemption, re-investment or automatic extension options at least 30 days prior to the maturity date. At that time, we will furnish you with a current Offering Circular, if you have not previously received one.

180-Day Notes are primarily available to Church Organizations only. They are available to individuals only in states where Demand Notes are not available. The terms of these Notes are primarily the same as other Notes except that the only option on interest payments is to have interest compounded semi-annually on June 30 and December 31. Also, each note is automatically renewed after each 180-day period unless the holder notifies us of their intention to redeem.

Although you generally may not redeem your investment Notes before the maturity date, it has been our practice to honor requests for early redemption upon a representation of a personal or financial emergency need. We cannot assure you that we will Continue this policy in the future and we are not legally obligated to do so. When we allow early redemption, we assess an interest penalty. Currently, the policy is to reduce the interest rate of the Note from its stated rate to 3 .25%. In no case, however, will the penalty reduce the interest earned on an Investment Note to a rate that is less than the then current rate for Demand Notes. When one or more owners of a Note is deceased, we will usually honor a redemption request from the estate of the deceased or the remaining owner without penalty.

Life Investment Notes (Conditional Gifts)

Life Investment Notes (also called "Conditional Gifts" in some states) are 5 year Notes issued to one purchaser only (no joint ownership is permitted). In purchasing a Life Investment Note, your intent normally would be to make a gift of the Note to us at the time of your death. The interest rates on Life Investment Notes will depend upon your life expectancy at the time of purchase. The interest rate remains the same for your life. Most Life investment Notes currently issued pay interest from 6.50% to 8.25%. You remain the owner of the Life Investment Note during your lifetime. The Life Investment Note automatically extends for a like term at maturity unless you elect to redeem like regular Investment Notes. Upon your death, the remaining principal balance, if not previously revoked, will be transferred outright to us for our general purposes. Institutional Notes

CHURCH 005573 A separate Note program may from time to time be offered to congregations and regional units of the Church of God which differs in terms from that offered to individuals in order to meet the distinct needs of such organizations. In some States, these notes are exempt from registration, although Church Extension currently includes these notes in the total outstanding Notes as described in this Circular. The terms of the Notes offered to congregations and affiliated units (sometimes called "Institutional Notes") will be within the ranges indicated on the cover page hereof, and will be reflected as changed from time to time in the Application to Purchase provided to a congregation. Institutional Notes are not offered to individual Investors.

IRA Investments

We are not a qualified custodian for IRA or other retirement plans and cannot offer them directly to our Investors. We can, however, be a depository of IRA funds from a qualified custodial institution. If you wish to invest IRA funds with us, you may do so by initiating a self-directed ERA program with the custodian of your choice. We will supply a copy of the latest Offering Circular to any qualified custodian upon request. We also currently have a relationship with First Federal Savings Bank, located in Huntington, Indiana, to act as a local custodial agent with respect to offering IRA plans. We currently offer our 3-year and 5-year Investment Notes for self-directed IRA's.

Miscellaneous Information

We may from time to time offer additional Notes in your State and other states without notifying or obtaining your consent. We have never issued secured or subordinated obligations senior to the Notes and do not now contemplate doing so. We do, however, maintain a secured line of credit with one bank in Anderson, Indiana. We cannot assure you, however, that we will not at some future date issue obligations that will have a higher priority claim to our assets than the Notes.

The Notes are unsubordinated debts and we have no secured Notes outstanding. Therefore, the Notes will be of equal rank with all our other Notes and anticipated future debt obLigations. As a result, in the event of liquidation or distribution of assets upon bankruptcy, reorganization or similar proceedings, all of our unsubordinated debt obligations issued to Investors, including the Notes, will have an equivalent claim to our assets. We have assigned certain mortgages as collateral for our GIC program, Also, there are certain real estate investment holdings, owned either directly by us or indirectly through one of our subsidiary companies, which are the subject of certain mortgage loans. Although we cannot assure you that we will not issue Notes or other securities having a higher priority to our unrestricted assets in the future, it is not presently anticipated. If we create any senior secured Notes or debt securities in the future, however, it will not exceed 10% of our tangible assets. In respect to any Note, our failure to pay principal and interest when due and requested will be an event of default, but only as to that Note. Your purchase of Notes does not entitle you to an equity interest in Church Extension or the right to vote on corporate matters. We will mail an annual report to you within 120 days after the close of each fiscal year. At the present time, our fiscal year ends on December 31.

Agency investment Program In addition to the offer and sale of Notes to Investors, we have adopted an Agency Investment Program pursuant to which a limited number of affiliates of the Church of God, particularly several other national and regional organizations of the Church of God,, may invest funds with us on a short-term interest-bearing basis. The outstanding principal balances due and owing to these affiliates are referred to herein as "Investment Balances." We add the proceeds we receive from the Agency Investment Program to our general flmds and use them primarily in the same manner as proceeds from the sale of our Notes. See "Use of Proceeds." The Investment Balances, like the

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CHURCH005574 Notes, are unsecured obligations. The Agency Investment Program is not being offered on a nationwide basis and is not available to individuals or local congregations.

Method of Sale

Our primary means of soliciting for the sale of the Notes is through direct mailings of advertising materials to constituents of the Church of God. We also publish our own newsletter, FOCUS, several times each year, in which an advertisement may appear regarding availability of Notes. If prospective Investors do not already have a current Offering Circular, they may obtain one by mailing a request, usually in the form of a coupon in the advertisement materials, to our office in Anderson, Indiana. We may also make direct mailings of our Offering Circular and advertising materials to current, past and prospective Investors.

To purchase a Note, you must complete the Application to Purchase which accompanies this Offering Circular and send it with your check to us at our office in Anderson, Indiana. If we accept your offer to purchase, we will notify you and send you an executed Note.

If you wish to arrange for investments to be handled so as to qualify for tax deferral under provisions of the tax law dealing with Individual Retirement Accounts, you may do so through your own custodian of your self-directed IRA or through arrangements we have made with First Federal Savings Bank, located in Huntington, Indiana. Under those arrangements, First Federal Savings Bank acts as the custodian of a self-directed IRA and, as directed by you, invests the designated funds with Church Extension. You can obtain more information on this feature by contacting us at our office in Anderson, Indiana.

In order for you to purchase any Notes, you must be a member of, a contributor to (including an investor) or - participant in the Church of God or Church Extension or in any program, activity, or organization which constitutes a part of the Church of God or Church Extension or in other Protestant church organizations which have a programmatic relationship with the Church of God or Church Extension.

You may transfer your Notes only with our consent as follows: (I) transfers to persons who would be eligible to purchase our Notes originally; (2) transfers by gift, order of process of any court, as security for a loan, or on death; (3) transfers to us, your ancestors or descendants or spouse, or other Investors of the same class of Note; or (4) transfers by a corporate Investor to a wholly-owned subsidiary, parent or affiliated organization.

HISTORY AND BUSINESS

The Church of God The Church of God had its beginnings in 1881 under the leadership of the Reverend Daniel S. Warner and several others in Kosciusko County, Indiana. During the early years of the movement, the Reverend Warner was the editor of a publication called The Gospel Trumpet and many people identified themselves with the Church of God through this periodical. There was little formal organization until the early part of the Twentieth Century. The Church of God today is still a volitional association of its members. Affiliated local congregations retain autonomy and most are organized as not-for-profit corporations. The Church of God also has several regional organizations operating in the United States and Canada, many of which encompass a single State or Province. Each of the regional units is a separate, distinct, not-for-profit corporation. Generally, the purpose of the regional units is to develop new congregations, operate regional campgrounds and retreat centers, help local churches in selecting suitable pastors, certify the licensing of ministers and aid pastors and congregations. At the national level, the General Assembly of the Church of God ("Assembly") is the main governing body of the Church of God and functions as a temporary presbytery. It is a voluntary assembly of all recognized ministers and

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CHURCH 005575 lay members of all boards, committees or commissions. The Assembly meets annually during June in Anderson. Indiana. Since the Assembly itself is an unincorporated body, it has chartered several auxiliary organizations (primarily colleges and affiliated agencies), all of which function as non-profit corporations, and are generally accountable to the Assembly.

In 1997, a reorganization of the national work of the Church of God was effected and Church of God Ministries, Inc. (also known as the Ministries Council) was established to act on behalf of the Assembly throughout the year. In [998 and 1999, the Ministries Council absorbed the operations of most other former auxiliary organizations of the Church of God, including the Home Missions and Church Growth Ministries departments of Church Extension. At the Annual Meeting of the Assembly, members of the Ministries Council are elected, as well as members of each of the general agencies and boards and members of committees and commissions. The executive officers of the Ministries Council and selected other organizations are ratified for a stated term upon submission to the Assembly. By rule of the Assembly, no person may serve on the governing board of more than one affiliated agency at one time. In addition, no employee of an agency may serve on the governing board of any other agency. In addition to Church Extension, there are six other auxiliary organizations of the Church of God, namely: Board of Pensions, Inc., Anderson University, Mid-America Bible College, Warner Pacific College, Warner Southern College and Ministries Council. Warner Press, Inc., formerly an autonomous affiliated agency, now operates as a subsidiary of the Ministries Council. Each of the affiliated agencies is an autonomous, non-profit corporate entity, having its own governing board, executive and administrative staff to conduct its functions.

Church Extension

The Board of Church Extension and Home Missions (as it was originally named) was created by resolution of the Assembly in June, 1921, and incorporated on July 9, 1921, to fulfill the mission of the Church of God to the homeland, to assist congregations with counsel and funding for the purchase, erection or remodeling of church property and facilities, and to conduct the evangelism program of the Church of God. In January of 1999, the homeland ministries, evangelism and church planting/church growth functions of Church Extension were transferred to the Ministries Council.

As an integrated auxiliary of the Church of God, Church Extension is a tax-exempt organization operating under Section 501 (c)(3) of the Internal Revenue Code of 1986. We are organized and operated exclusively for religious, educational, benevolent and charitable purposes. No part of our net earnings inures to the benefit of any individual. Since we are a not-for-profit corporation, we have no shareholders. The management of our affairs is conducted by a 14-member Board of Directors, ratified by the Assembly. The management and decisions of our Board of Directors are independent and autonomous. We make an annual report to the Assembly regarding our work and mission. The Assembly also ratifies the election of the President of Church Extension for each five-year term. See "MANAGEMENT - Directors."

You must rely solely upon our financial condition for repayment of principal and payment of interest on the Notes. We believe that we have taken steps to insure that our debts and liabilities are independent of the financial structure of the Church of God or other Church Organizations and they will have no legal obligation with respect to the repayment of principal and payment of interest on our Notes. Likewise, the Notes we offer should not be confused with any debt obligations or other instruments that may, from time to time, be offered and issued by other Church Organizations. Any obligations issued by these organizations are separate from our obligations, and we have no liability for their repayment. See "HISTORY AND BUSINESS - The Church of God" for a discussion of our relationship with other church organizations. Church Extension Services

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CHURCH 005576 According to mandates of our charter from the Assembly, our assignment is: to promote education and the knowledge and acceptance of the Gospel of Jesus Christ among the population of the United States and Canada and elsewhere; and to advance the Kingdom of God by loaning money for facilities, by acting as Trustee of designated trust and estate funds when required, by organizing fund raising campaigns for congregations and other units of the Church of God, by providing advice, counsel, financial assistance and other services to congregations, as well as other units, organizations and corporations, by providing senior housing, by providing youth ministry, and by managing and developing real estate. Since 1921, we have made 3,298 interest-bearing loans.

We provide to the Church of God and its Church Organizations as a part of our mission the following principal services:

Make loans for the purchase of sites for church buildings and parsonages, the erection and remodeling of church buildings and parsonages (including related equipment and furnishings), the construction of buildings for regional organizations of the Church, campus facilities for Church- related colleges and for the development of camp and conference grounds;

Provide staff consultants for field conferences with leaders of local congregations and church- sponsored organizations on the subjects of program needs, organization, financial capabilities, borrowing capacity and fund-raising;

Provide consultation on a fee basis to aid congregational committees in reviewing space needs and proposals for construction and financing of new buildings preparatory to the employment of an architect by the church;

Provide a service of assisting the insurance needs of local congregations and regional organizations, in some situations we, through participating insurance underwriters and agents, may recommend specific coverages and plans to local congregations;

Provide detailed capital funds campaign procedures utilizing staff personnel and designed exclusively for local congregations conducting their own building fund or debt reduction drives or for use by regional units of the Church of God promoting certain capital projects. We base our fees for this service on a percentage of the goal being set.

FINANCING CHURCH EXTENSION'S ACTIVITIES

General

Our ability to pay principal and interest on our Notes depends upon our financial condition and the funds available to us. Our primary sources of funds historically have included receipts from the sale of Notes, payment of interest and repayment of principal on our outstanding loans and other investments, net income generated from our investment property and contributions from churches and individuals. In prior years, we have been able to meet principal and interest requirements on our outstanding Notes from our available funds. See 'Maturity Information." The following describes our sources of funds and financial condition.

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CHURCH 005577 Outstanding Notes

One of our primary means of obtaining the funds necessary to conduct our loan function has been through the receipt of proceeds from the sale of our Notes and the maintenance of Investment Balances by Church Organizations. Investment Balances are issued pursuant to the Agency Investment Program to ocher agencies and affiliates of the Church and are not a part of the securities offered herein. Rates of interest on the Board's currently outstanding Notes range from 3.25% to 8.25% per annum.

The following summarizes our outstanding Notes, Investment Life Notes and Investment Balances as of December 31, 1999:

Weighted Aggregate Number of Average Principal Description Accounts Interest Rate Balance INVESTMENT NOTES (payable on demand and at periods of up to 5 years) 5,964 6.49% $62,732,718 INVESTMENT LIFE NOTES 86 8.13% 1,074,876 (Conditional Gifts)

INVESTMENT BALANCES (generally payable in one year or less) 625 6.35% 6,553,501 6,675 6.50% $70,361,095 Sales of Notes in 1999

During 1999, we received cash proceeds of$12,538,509 from new sales of our Notes and had $1,813,870 of reinvested accrued interest. In addition, $15,544,837 of the outstanding principal and accrued interest on matured Notes was either reinvested on new terms or automatically extended pursuant to their original terms. During 1999, we paid $7,3 15,218 on maturing Notes which were redeemed and not immediately reinvested. Our Board of Directors annually evaluates our financial condition and funding needs for the ensuing year and, if appropriate, can establish limitations on our sale of Notes for the year.

Guaranteed Investment Contracts

Another source of our funds is the sale of Guaranteed Investment Contracts ('GICs") in a few states. We have entered into a contractual arrangement with two insurance companies: United Farm Family and United Home Life, subsidiaries of Farm Bureau of Indiana, to sell this insurance instrument.

The OlCs and the program have been approved by the Indiana Insurance Commissioner. We are registered in Indiana as a Third Party Administrator. In those states in which we sell GICs, this program is regulated by insurance regulators and we are in compliance with any applicable insurance laws when required. As Third Party Administrator, we sell the GICs on behalf of Farm Bureau to constituents of the Church of God. As proceeds are received, we invest them on behalf of Farm Bureau, primarily in church loans. We then assign some of those loans or other assets to Farm Bureau as collateral for the GIC obligations in accordance with Indiana insurance laws. We administer the mortgage, loans and payments received on them. In addition, we must replace any of the mortgage loans that become delinquent. We also handle the redemption of GICs and the payment of interest on behalf of Farm Bureau. The interest earned from the investments and remaining, after paying the interest obligation on the GECs and the administrative fee charged by Farm Bureau, is income to us and is used for our general corporate purposes.

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CHURCH 005578 We entered into a similar contractual relationship with Key Life Insurance Company in 1991, but that relationship has been replaced by the Farm Bureau relationship.

The following summarizes our outstanding GECs and related collateral as of December 31 for the past 3 years:

1999 1998 1997

Guaranteed investment Contracts $17,315,720 S 14,889,503 515,510,619 Collateral assigned: Church loans assigned S 16,682,350 $1 1,435,339 $12,052,667 Mortgages and real estate assigned S 807,556 $ 3,551,648 $ 3,585,630 Total Collateral assigned $17,490,406 $14,986,987 $15,638,297

The following summarizes our GIC activities for each of the last 3 years: 1999 1998 1997

GICs Sold S3,728,497 $5,965,595 S 219,525

Net Income Earned from GLC Program 5 332,806 $ 391,651 S 563,773

At the present time, the GIC-assigned collateral is not available to the claims of unsecured general creditors, including investors.

Historically, over 80% of the maturing GtCs have been renewed or extended upon maturity, which is similar to our experience with respect to our maturing Notes.

The GICs and their related collateral and liabilities are "off balance sheet", that is, they are not included as a part of our assets and liabilities in our financial statements.

Outstanding Regular Church Loans

We also generate substantial funds from the income received on our outstanding regular church loans (not GIC- assigned). It should be noted that funding of some of these regular loans come from contributions and sources other than the proceeds from the sale of our Notes.

The following summarizes our regular church loans at December 31, 1999:

Number of Weighted Aggregate Description Accounts Average Return Principal Balance

Secured loans to congregations 92 8.66% $16,018,297

For the last 3 years ended December 31, we received the following principal and interest on our regular loans: 1999 1998 1997

Principal $15,557,027 $3,266,076 $2,159,867 Interest S 1,754,406 $2,399,768 $1,689,318

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CHURCH 005579 For the year ended December 31, 1999, we made cash disbursements for regular loans of$ to, 189,3 18 and, during the year, our aggregate principal balance on our regular church loans decreased $1 1,973,348.

For a description of the terms of our loans, major loans and loan delinquencies, see 'CHURCH EXTENSION'S LENDING ACTIVITIES."

Maturity Information

Notes and Investment Balances

The following summarizes the maturity dates of our outstanding Notes, including Investment Balances, at December 3 1 for the last 3 years: -

Aggregate Principal Balance [999 1998 1997

Maturing in less than 1 year $24,222,189 $24,775,282 $21 ,647,853 Maturing: 1 to 2 years 16,146,619 14,892,692 15,731,523 2 to 3 years 16,247,918 11,283,983 10,972,787 3 to 4 years 8,493,605 9,898,480 3,896,749 4 years and after 5,250,764 6,860,028 3,798,705 $70,361,095 $67,710,465 $56,047,617

It has been our experience that only a portion of the principal balance of our maturing Notes is actually redeemed. Historically, about 80% of maturing Notes are automatically extended or reinvested upon maturity. For the years 1999, 1998, and 1997, the percentage of Notes automatically extended or reinvested at maturity was 68%, 76%, and 81%, respectively.

Loans

The following summarizes the maturity dates of our outstanding church loans, excluding GIC-assigned loans, at December 3 1 for the last 3 years: 1999 1998 1997 Loans Maturing: Less than 1 year $ 1,343,928 $ 6,885,970 $ 3,057,696 1 to 2 years 5,975,710 10,441,961 5,402,851 2 to 3 years 6,298,769 8,976,679 14,655,758 3 years and after 2,399,890 911,035 16,505 $16,018,297 $27,215,645 $23,132,810

Only a portion of the principal balance on maturing loans each year is actually repaid. For the year ended December 31, 1999, we extended or refinanced over 95% of our maturing church loans.

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CHURCH 005580 Maintained Assets

In addition to the funds we generate through our regular operations, we generate Funds from certain assets held and maintained by us, either directly or through our subsidiaries, as a part of our mission-related projects or investment properties. We obtained those assets to a great extent from gifts. The following is a discussion of all of our maintained assets.

Liquid Reserve Funds

In accordance with our stated policy of maintaining reasonable liquidity, we directly maintain a portion of our assets in liquid funds to redeem maturing Notes, if necessary. These assets (called "Liquid Reserve Funds") primarily consist of cash and cash equivalents and certain investment securities, carried at market value. At December 31, 1999, our Liquid Reserve Funds consisted of the following:

Weighted Aggregate Description Average Return Principal Balance Cash or Cash Equivalents 4.1% $3,981,277 Investment Securities: Government Notes 8.6% 620,674 Corporate & Municipal 8.1% 1,186,894 Mutual Funds 7.2% 559,765 Equity Stocks 3.2% 1,527,050 Precious Metals 0.0% - 49,572 5.1% $7,925,232

For the last 3 years ended December 3!, we had the following interest or dividend or capital gain income from Liquid Reserve Funds: 1999 1998 1997

Interest, dividend or capital gain $1,031,652 $991,485 $981,979

As a matter of policy, we maintain a liquidity position (Liquid Reserve Funds) of not less than 8% of our outstanding Notes. At December 31, 1999, we had Liquid Reserve Funds in the amount of $7,925,232 which equals over ii % of our outstanding Notes.

Although it is our intention to continue this policy, we cannot assure you that this policy will continue at its existing level, To the extent that demands for new loans increase, the principal amount of our Liquid Reserve Funds may decrease. They may also decrease, at our option, due to payments applied against notes payable to banks. In the past, when our liquidity has been reduced, we have suspended our practice of permitting the redemption of Notes prior to maturity.

17 CHURCH 005581 Other Investment and Income-Producing Assets

In addition to our Liquid Reserve Funds, we also maintain other investments and income-producing assets, either directly or through our subsidiaries, that are not readily marketable.

The following summarizes these other assets as of December 31, 1999: Weighted Aggregate Average Principal Return Balance

Notes receivable from affiliates (1) 9.2% $10,065,132 Contracts receivable 8.6% 10,566,946 Investment properties (2) 4.6% 13,662,726 Preferred stock 7.0% 2,200,000 7.2% $36,494,804

(I) Certain monies due from subsidiaries are not included. (2) We have acquired, primarily through gifts, several real estate properties throughout the United States. Some properties are held by us, and others (mostly commercial real estate) are held by our property-holding subsidiary corporations. We benefit from the collection of rents under several lease agreements concerning these properties. Net rental income or loss, or funds transferred from subsidiaries, in relation to these properties are added to or deducted from our general funds. Occasionally, we will liquidate property held. Some of the properties have been sold and we are collecting income from various installment notes. See 'SUBSIDIARY CORPORATIONS AND OTHER OPERATIONS."

For the last 3 years ending December 31, we had the following interest, dividends or capital gain income on these other maintained assets: 1999 1998 1997 Interest, dividends or capital gain income $2,650,435 $1,652,841 $1,575,330

Except to the extent they are pledged as collateral for the C3IC program or pursuant to financing applicable to a specific asset, the value of these maintained assets either directly or indirectly are available to our general unsecured creditors, including Investors.

Related Financial Information

We historically have generated sufficient funds to make all of the principal and interest payments required on our outstanding Notes and Investment Balances. If matured Notes are not extended or reinvested in accordance with our historical experience, it may be necessary for us to redeem a portion of our Liquid Reserve Funds or to obtain funds from other sources, including borrowing to meet current cash needs. We have a line of credit, secured by real property with a local bank in Anderson, Indiana. The purpose of the line of credit is to provide short-term funds for temporary working capital.

It should be noted that since our inception in 1921, we have never defaulted on the payment of principal or interest on our Notes, Investment Balances or GICs issued.

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CHURCH 005582 SUBSIDIARY CORPORATIONS AND OTHER OPERATIONS

We conduct some of our church extension ministries through subsidiary corporations that are organized as for profit organizations or controlled and affiliated corporations that are organized as not-for-profit organizations. For purposes of information- in this Offering Circular and for financial reporting purposes, they are all referred to as subsidiary corporations. As noted below, some of these organizations exist solely to produce income, while others are ministry-related and carry their own tax-exempt purpose. Each subsidiary has its own Board of Directors and Officers. Our Board of Directors exercises control over the subsidiaries by electing their Boards of Directors, ratifying their Officers, approving their expense budgets and controlling changes to their Articles of Incorporation and Bylaws. In addition, we own 100% of the issued and outstanding capital stock of the for profit companies. Below we discuss our subsidiaries and our other related operations.

Income-Producing Operations (Real Estate Activities)

Resource Development Properties, Inc.

In 1987, we established a wholly owned subsidiary, Resource Development Properties, Inc. (Resource Development"). The purpose of Resource Development is to hold title to and collect income from certain of our real estate and remit the income generated from these properties (less expenses) to us. The IRS has ruled Resource Development to be a federally tax-exempt title-holding corporation as defined in section 50 1(c)(25) of the Internal Revenue Code. It currently holds commercial real estate and contracts on commercial real estate for our benefit.

Directly Owned Real Estate Activities

We directly own certain investment properties consisting of improved and unimproved real estate in Alabama, Arizona, Florida, Indiana, Kansas, Michigan, Minnesota, New Mexico, Ohio, Pennsylvania, Texas, and West Virginia. Some of these properties were donated to us and are carried at their appraised value as of the date of donation, less accumulated depreciation, where applicable. Unimproved properties consist primarily of small lots. Most improved properties are income-producing.

Our income from these real estate activities (net of direct expenses), amounted to $782,948, $638,926 and $555,323, respectively, for the years ended December 31, 1999, 1998, and 1997.

Church Extension Ministry Operations

Youth Ministries - Family Connection, Inc.

In 1974, we received as a gift an established children's home located in Hope, Kentucky, which had been operating since 1962. The facility is operated by a separate not-for-profit Kentucky corporation, Hope Hill Children's Home, Inc. ("Home"). The Home is fimded through private contributions received by the Home. As of December 31, 1999, we had one unsecured loan to the Home totaling $235,302 at 8.9% interest. This loan was the result of the Home being unable to cover certain operating costs that we paid. This amount was converted from accounts payable into a loan to formalize the transaction. The loan is current. Security for this loan was not necessary since we indirectly own the property.

In 1989, we received a gift of another not-for-profit childcare facility in Colorado, namely Triple L Ranch. Inc. ("Triple U). As of December 31, 1989, Triple L ceased operations and we were holding the assets of the corporation until their future use could be determined. The assets, which consisted of a 2560-acre ranch, were sold on contract in 1994 for $525,000. As of December 31, 1999, there was an outstanding contract balance of $220,605. In January 1994, we accepted real estate from the Madison County Commissioners in Madison County,

19 CHURCH 005583 Indiana for the purpose of implementing an independent living skills program for youth in conjunction with the county's master plan. Triple L Youth Center became operational in May 1995 as a youth facility in Madison County, Anderson, Indiana. The aforementioned contract from the sale of the Colorado property helps to fund this operation. As of December 31, 1999, we had one unsecured loan to Triple L Youth Center with an interest rate of 9.90% totaling $1 15,555. The loan is current.

In 1992, we created Family Connection, Inc. and have merged the two children's ministries into this one corporation. The Internal Revenue Service has approved its tax exempt status.

Affordable Housing Ministries- Partners in Action of the Mid South, Inc.

This company owns and operates six 501(cX3), not-for-profit corporations owning title to apartment buildings containing 872 units. These are operated under Sections 202,221 and 236 of the National Housing Act. They are regulated by the U.S. Department of Housing and Urban Development (HUD) as to rental charges and operating methods. The company is also subject to Section 8 Housing Assistance Payment agreements with HUD. This entity has a fiscal year ending September 30.

Retirement Ministries

Church of God Retirement Communities, Inc.

In 1989, the Board of Directors of Breiel Boulevard Care Center, Inc., an Ohio not-for-profit corporation, donated the corporation to us. In connection with this gift, we assumed the previously existing public bond indebtedness connected with the facility.. The collateral for the bonds consists of the nursing home building and the land surrounding it. We changed its name to Church of God Retirement Communities, Inc. ("Retirement Communities"). In the fail of 1993, Retirement Communities purchased land adjacent to the facility for the purpose of future expansion. New assisted care facilities were opened in 1995. Construction of patio homes is currently under way. Retirement Communities also operates a condominium development in Florida and has developed assisted living facilities in Indiana and Pennsylvania. Generally its mission is to minister to the elderly when and where opportunities arise. Several other subsidiaries have been created to build or own specific retirement housing projects all over the United States.

Golden Years Nursing Home, Inc.

Golden Years Nursing Home, Inc. is a for profit corporation that provides healthcare and assisted living services in Hamilton, Ohio. We received this company in 1997, partially through outright gift monies and partially though monies contributed to charitable trusts. The contribution recorded was $1,020,061.

Greentree, LLC

Greentree, LLC is a limited liability company formed to develop and operate an assisted living community located in Greenfield, Indiana. We became a 100% owner in 1997 with 2 bargain sales and a deferred gift annuity. These transactions resulted in a contribution of $315,000.

Providence Companies, Inc.

We formed Providence Companies, Inc. as a for profit corporation to develop new sources of income in support of our ministry. Brentwood Park Apartments, Inc.

20

CHURCH 005584 Brentwood Park Apartments, Inc. is a for profit corporation owning a 120 unit senior housing apartment building located in Northert Indiana.

Overall Investment and Ministries Management

In addition to the above companies, we organized United Management Services, Inc., as another not-for-profit company, to coordinate and manage all of our subsidiaries and their operations, except for Family Connection, Inc.. as well as to develop its own exempt purposes.

These ministry-related church extension programs budget their expenses and generate their own income from contributions and fees charged for services rendered. [flour opinion the maintenance of these programs will not materially affect our operations in pursuit of our exempt purposes, except to the extent of increasing our equity and net operating revenue. The subsidiaries are intended to be self-sustaining. Some of the proceeds from the sale of our Notes help fund these ministries, but we intend as soon as possible to use these proceeds solely to funds our loans to Church Organizations and to maintain our Liquid Reserve Funds.

Summary of Financial Information

The following summarizes the net carrying value of our property and equipment held for investment and ministry church extension purposes, directly or through our subsidiaries, as of December 3!, 1999:

Investment Ministry Land, Land Improvements, Buildings and Other Structures $14,046,504 551,146,870 Furniture and Equipment 10,987,215 Less: Accumulated Depreciation (383,778) (7,412,1 16) Net Carrying Value S1 33,662,726 S54,72 1,969

CHURCH EXTENSION'S LENDING ACTIVITIES

General

We intend to use a substantial part of the proceeds from this offering and from future offerings of our Notes, as well as the proceeds from the sale of our GICs, to fund loans to Church Organizations. Pending the use for loan purposes, we invest these proceeds. The following discussion applies to our regular church loans as well as to our loans pledged as collateral for our GIC program.

Loan Policies

We generally make loans for the acquisition of real property and the construction of church, parsonage, educational. campground or other church-related facilities and the refinancing of these obligations. All loans generally are secured, usually by real property. At our option, we may require additional security for the loan, such as a pledge of securities or other assets, guarantees from Church of God regional associations or mortgage insurance. Our loans range in amount from $7,500 to $3,600,000, although the majority of the loans are from $200,000 to $450,000. We charge interest rates which generally are equivalent to prevailing mortgage rates, although at any particular time the rate may be higher or lower. Amounts loaned, interest rates, availability of funds, repayment schedules and other loan terms are determined at the time loan applications are approved by the staff loan committee or, when necessary, by our Board of Directors, and

21 CHURCH 005585 are subject to change from time to time. Payments on the loans are generally based on a 15 to 25 year amortization schedule with 3-year maturities. The borrower normally makes a balloon payment or extends or refinances the loan at maturity. We my refinance or extend loans at maturity on the basis of our then prevailing rates and policies. During the year ended December 31, 1999, in excess of 95% of the our maturing loans were refinanced or extended.

We usually have specific down payment requirements in connection with our loans. Typically, no loan is made for an amount in excess of 50% of the value of the security for the loan based on a reasonably recent opinion of value. Presently, we require that all loans made to churches and Church Organizations be secured by first mortgages or first Deeds of Trust.

We charge a closing fee on most loans (but generally not on refinanced loans). The current fee is 1% of funds actually advanced.

In approving a new loan, the interest we charge is our prevailing rate in effect at the time of loan closing. Therefore, due to changes in the prevailing rate, it is possible for a loan to be approved at one rate and the actual loan to bear a different rate.

Our Board of Directors determines our loan policies which are subject to revision at any time. Thus, we cannot assure you that the foregoing policies, amounts of loan funds available and interest rates offered will not be changed periodically.

Loan Processing

We receive requests for loans from Church Organizations at our office in Anderson, Indiana. After a brief review of the planned project, the staff then mails loan applications, where appropriate, to prospective borrowers. After a loan application is properly filed, the staff loan committee reviews the documentation and takes the appropriate actions for approval or disapproval of the loan. Upon the approval of any loan over $500,000, our Board of Directors must approve the action of the loan committee before a commitment may be made. On any loans of $500,000 or less, the actions of the staff loan committee are reported at the next regular meeting of the Board of Directors. The loan committee or the Directors may impose additional conditions on a loan, such as a requirement to increase the amount of real property held as security.

In the case of a maturing loan, the staff loan officer reviews the current financial condition and payment record of the borrower and reports to the staff loan committee. As in a new loan, the staff loan committee may require a change in any of the terms or security requirements of the loan. In most cases, no loan-closing fee is charged for the refinancing of a maturing loan.

During the course of loan closings, all supporting documents and security instruments are received, reviewed and tiled at our office in accordance with the conditions and terms of loan approval. In addition, we require normal lender protections, such as title insurance or an opinion of counsel as to the validity of title and adequate property insurance. We normally require an independent appraisal of the value of the property securing the loan or a fair market opinion of value letter by a licensed broker. We generally make personal contact through our professional staff with the leadership of the various church borrowers prior to issuing any commitment in order to discuss and accumulate pertinent information concerning the church and its past and present contributions by its constituents in an effort to determine a prudent amount of indebtedness for the borrower and to realistically evaluate the church's ability to repay.

22

CHURCH 005586

Major Loans

At December 31, 1999,6 of our loans had a principal balance of S1,000,000 or more. We presently have no loan commitments which, if all funds requested are loaned, will represent a loan having a principal balance of Si ,000,000 or more. However, we had no single loan or loan commitment having a principal balance or anticipated principal balance in excess of 5% of our total assets.

In some instances, there are Church Organizations that have more than one loan and there are groups of separate loans to different local congregations or other Church Organizations. At December 31, 1999, however, no single Church Organization or other single borrower was ultimately liable in the aggregate for any amount that exceeds 4% of our total assets.

Loan Delinquencies

At December 31, 1999, we had 5 loans on which interest and/or principal payments were delinquent for over ninety (90) days. These loans had an aggregate principal balance of $505,928, or 3% of our aggregate principal balance on loans outstanding; the total amount of interest and principal payments owing and delinquent on these loans was $99,479. Due to the nature of the relationship with our borrowers, we have been willing in many instances to make arrangements with borrowers whose payments are not current or to refinance their outstanding obligations. Since 1921, we have not sustained major losses on loans, and only rarely has the sale of real property held as security been necessary to satisfy the outstanding balance of a loan. We cannot assure you, however, that we will be able or willing to refinance, accommodate or restructure all delinquent loans in the future. It is our stated purpose to aid our borrowers in every possible instance to meet their obligations without the need of foreclosure. Therefore, you should not compare our delinquency experience with commercial lenders.

SUMMARY OF OPERATIONS AND OTHER FINANCIAL INFORMATION

Operations and Financial Information

The following shows selected financial information for the last 3 years as of or for the year ended December 31:

As of December 31 (I) (2) Notes & Liquid Other (3) Total Investment (4) Year Reserve Funds Investments Loans Assets Balances Net Assets $2,260,753 1999 $7,925,232 $36,494,804 $16,018,297 $137,752,447 $70,361,095 $2,030,510 1998 $8,587,928 530,814,799 $27,215,645 $121,731,319 $67,710,464 1997 $4,564,192 $27,957,886 $23,132,810 $ 94,842,522 $56,047,618 $ 602,139

(1) Consists of cash, cash equivalents and other readily marketable securities stated at market value. (2) Consists of investment and other income-producing assets that are not readily marketable. (3) Net after allowance for doubtful loans and excluding GIC-assigned loans. (4) Net Assets includes funds held by Church Extension for restricted, temporarily restricted and unrestricted purposes.

For the years ended December 31

23

CHURCH 005587 - (1) Revenue from (2) Operations, less Change in Year Gift income Gift income Expenses Total Net Assets

1999 $15,322,860 $6,898,036 $21,990,653 5 230,243 1998 311,664,747 $7,883,673 $18,120,049 $1,428,371 1997 $8,468,286 S3,688,177 $12,060,696 $ 95,767

(1) Includes net gains (loss) on investment securities and a deduction for net interest on Notes and Investment Balances. See "STATEMENTS OF ACTIVITIES." (2) Includes unrestricted, temporarily restricted and permanently restricted gift income. See "STATEMENTS OF ACTIVITIES."

Pro Forma Capitalization

The offering of our Notes is continuous in nature in a number of states and the District of Columbia. The total amount being offered during any 12 month period is based upon the nature of the registration or exemption process in the various stares, and includes the anticipated new sales of Notes as well as the anticipated roll-over or reinvestment of existing Notes upon maturity. Therefore, our capitalization as a result of this offering will only be affected by the amount of new sales of Notes, less the amount of redemptions of existing Notes, during any 12 month period.

The following table sets forth the capitalization of Church Extension at December 31, 1999, and as adjusted pro forma to give effect to the anticipated new sales of the Notes, net of anticipated redemptions of Notes, as of December 31, 1999: December 31, 1999 December 31, 1999 Actual Pro Forma*

Short and Long Term Borrowings: Notes & mortgages payable S 29,026,719 S 29,026,719 Revenue bonds payable 15,266,119 15,266,119 Notes and Investment Balances 70,361,095 70,361,095 Anticipated Sales of New Notes 32,000,000 Anticipated Redemption of Notes (9,300,000) Net Short and Long Term Borrowings $114,653,933 $137,353,933 Net Assets: Unrestricted Net Assets (5 11,675,008) (5 11,675,008) Temporarily Restricted Net Assets 12,339,612 12,339,612 Restricted Net Assets 1,596,149 1,596,149 Total Net Assets $ 2,260,753 $ 2,260,753

Total Capitalization $116,914,686 $139,614,686

Assumes the anticipated new sales of Notes and anticipated redemptions of maturing Notes occurred at one Lime. Management's Discussion and Analysis

24

CHURCH 005588 In 1999, our net income from operations on a consolidated basis totaled $230,243. Included in that total is net income on a consolidated basis from subsidiaries amounting to $606,612. We benefitted from contributions of $6,898,036, including non-cash gifts of $4,938,190. During the past few years, we have increased our fund-raising efforts in order to generate increased operating revenue. En 1999, we had a net increase in our outstanding Notes. Most of the proceeds from these sales were used in new loan advances and property acquisitions. Investment Balances also increased in 1999. Also in 1999, our total regular church loans decreased by $11,197,348. This was due mainly to the early repayment of a large loan of approximately $6,000,000 and the assignment of additional regular church loans as collateral for the GIC program.

Prior to 1999, the home missions, church growth and church planting functions of the Church of God were the responsibility of Church Extension. These functions were principally non-income producing and constituted a continuing and significant drain on our general funds. These functions, however, were transferred as a part of the restructure to other entities of the Church of God. Also historically, it has been necessary to support certain of our subsidiary ministries out of our general funds, although presently certain subsidiary ministries have been profitable. As a result, a part of the proceeds from the sale of our Notes have had to be used for these other ministries instead of for loans to Church Organizations. We are making a concerted effort to provide and arrange for independent funding and financing for our subsidiary ministries in order to achieve and maintain self-sufficiency and profitability of these ministries. This will allow us to dedicate more of our general funds, including the proceeds from the sale of our Notes, to loans to Church Organizations, mainly local churches.

These goals are consistent with our general financial strategy targeted at increasing net proceeds and increasing our equity position. This general strategy continues to be our focus and includes: 1. Growth of receipts from the sale of Notes, and thus cash for church loans 2. Budget control 3. Conversion of non-earning assets into earning assets 4. Increase cash donations 5. increase earnings from subsidiaries 6. Maximize return on assets

Impact of Year 2000

Before this year, many computer programs used only the last two digits (rather than four) to refer to a year. Thus, it was possible that many date-sensitive software programs may not have recognized a year that begins with "20' rather than "19". In the year 2000, if this was not corrected, many computer applications could fail or create erroneous results. We conducted a comprehensive review of our computer systems to identify the systems that could be affected by the Year 2000 issue and developed an implementation plan to resolve the issue. We also initiated discussions with our suppliers and financial institutions with which we had material relationships to verify that they were also addressing this issue. In our opinion, our computer systems and programs and those of our suppliers and financial institutions are presently Year 2000 Compliant and to date we have had no problems. We believe that the Year 2000 issue, or any costs associated with any remediation, will not pose any significant operational problems and will not have any material effect on our business, results of operation or financial condition.

TAX ASPECTS

You will recognize neither gain nor loss for federal income tax purposes, nor will you be entitled to claim a deduction for a charitable contribution, upon the purchase of a Note. The interest paid or payable on the Notes will be taxable as ordinary income to you in the year it is paid or compounded. If interest is accrued over the life of a Note and paid at the maturity date, you must nevertheless report such interest as income on your federal (and state, if applicable) income tax return ratably over the life of the Note as it accrues and is credited through compounding.

25

c1jc1 005589 Pursuant to the Tax Equity and Fiscal Responsibility Act of 1982 and the amendments thereto, we are required to withhold 3 lG of the interest on the Notes belonging to those Investors not providing us a correct Social Security or Federal Tax Identification Number.

MANAGEMENT

Directors Church Extension is governed by a 14-member Board of Directors who are elected by the Assembly, which is the main governing body of the Church of God. Directors may not be elected to more than two consecutive live-year terms. After serving as such, two years must elapse before they can be re-elected as a Director. As a not-for-profit corporation, we have no shareholders.

The Board of Directors conducts the management of the affairs of Church Extension, and normally consists of 14 members. According to our bylaws, all former members of the General Board were added to the Directors in July of 1999. Present plans are to reduce the number of Directors as present members' terms expire, until the Directors are 10 in number. The Board of Directors has three regularly scheduled meetings per year. One of the regular meetings of the Directors each year is designated as the Annual Meeting, usually held in April. In preparation for the Annual Meeting, the Directors' nominating committee drafts a slate of candidates for membership on the Board of Directors. During the Annual Meeting, the Directors recommend to the Assembly a nominee for each open position on the Board. The Assembly then ratifies the new Directors in its annual meeting in June of each year. The nominating committee also suggests to the remaining Directors the candidates for the officers of the Board (Chair, Vice-Chair and Recording Secretary) for the next year, as well as suggesting the names for certain committees of the Board. In considering persons for Directors, it is the committee's objective to maintain a reasonable diversification of Directors by selecting individuals from various geographic regions and backgrounds including the clergy, business, industry, teaching, health-care, legal or other professions whose experience or expertise is believed valuable to the Board. There is no automatic representation on the Board of Directors from any local church or other unit of the Church of God.

The following persons currently serve as our Directors:

Terms expiring June 30, 2000: Mrs. Carolyn Gallender, Business Owner/Entrepreneur, Fresno, California Rev. Greg Kendall, Associate Pastor, Mountain Park Church of God, Phoenix, Arizona Mr. Alvin Oldham, Petroleum Engineer and Auditor, Oak Grove, Louisiana Mr. Paul VanNorman, Group Manager, Marathon-Ashland Petroleum, Findlay, Ohio

Terms expiring June 30, 2001: Rev. Shirley Cathie, Pastor Community Church of God, Plainfield, New Jersey Mr. Doyle Rahjes, Retired CEO of Kansas Farm Bureau Insurance, Agra., Kansas Mr. Isadore Small III, Executive Sales Engineer for Eaton Corp., Grand Rapids, Michigan

Terms expiring June 30, 2002: Dr. Derrol Dawkins, Private Practice Pediatrician, Birmingham, Alabama Mr. Terry Pol, Vice President, Galehouse Construction Co., Doylestown, Ohio Dr. Gail D. Zimmerman, Investment Broker, Professor, Member of State Legislature, Casper, Wyoming

Terms expiring June 30, 2003: Rev. Frederick Davey, Retired, Interim Pastor, Ithaca, Michigan

26

CHURCH 005590 Rev. Brian KrLI5hel. Pastor, Camrose Church of God. Carnrose, Alberta

Terms expiring June 30, 2004: Rev. Caterina Perez-Scrivner, Pastor, Ministerio Latino, Portland, Oregon Rev. Richard Shockey, State Minister, Indiana Ministries, Indianapolis, Indiana

Officers and Key Personnel

The Board of Directors elect their officers at their Annual Meeting in April of each year. The officers, who are also Directors. serve for 1 year, beginning July 1 in the year elected. The present officers of the Board, including a summary of their background, experience and present duties are as follows:

Mr. Paul VanNortnan, Chair Rev. Fred Davey, Vice Chair Mr. Isadore Small 111, Recording Secretary

Chairman Paul D. VanNorman was elected to the Board in 1990 and serves on the Executive Committee. For several years, he served on the Board of Directors for Hope Hill Children's Home. Paul is Coordinating Manager for the Terminal, Transport and Marine group of Marathon Ashland Petroleum LLC. He received his BA from Anderson University and a masters degree from Texas A & M University.

The Reverend Fred Davey served the Board from 1977 to 1987 and was re-elected in 1993. He served as Chair in 1986 and Vice-Chair between 1983-1985. He was elected to the Board of Directors in 1996. Ordained in 1952, he serves as Associate Pastor, Edgewood Church of God in Ithaca, Michigan.

Isadore Small, III joined the Board in 1993 and has been on the Board of Directors since 1995. Attending Orchard View Church of God, Grand Rapids, Michigan, he serves as Chairman of the Church Council, Chairman of Business Assembly, and Adult Sunday School Teacher. He is an Executive Sales Engineer for the Eaton Corporation. He holds several leadership positions for the Churches of God in Michigan including Chairman. Board of Church Extension, Member, Vision 2000 Steering Committee, and Member, Board of Directors.

Although our Board of Directors elect the Administrative Officers to administer our day-to-day affairs, the appointment of the President is subject to ratification by the membership and the General Assembly. The present Administrative Officers of the Board, including a summary of their background, experience and present duties are as follows:

Dr. J. Perry Grubbs, President Dr. Cecil W. Watson, Executive Vice President Rev. L. Kent Adcock, Vice President/Assistant Treasurer Mr. Larry E. Sloan, Treasurer/Chief Financial Officer Mr. David H. Fortune, Secretary/Senior Assistant Treasurer Mrs. Kay Scott Grant, Assistant Secretary/Director of Investments

In addition, S. Louis Jackson is a key person in the operations of the subsidiary organizations. Although he is not an officer of Church Extension, he is an officer of several of the subsidiary organizations and is the president of United Management Services, Inc., the entity that manages all of the subsidiary operations, except Family Connection, Inc. J. PERRY GRUBBS joined Church Extension in July of 1986 as Secretary of the Office of Advancement. He was elected President in March 1987 and ratified by the General Assembly to serve a five-year term beginning July 1. 1987. He was again ratified in 1992 to serve a second five-year term and in 1997, he was ratified for a third five-

27 CHURCH 005591 year term. He holds a BA Degree from Anderson University, an MA Degree from Ball State University and a Ph.D. (ABC)) from the University of Southern Mississippi. President Grubbs has served as associate minister of First Church of God, Kingsport, Tennessee and South Lake Wales Church of God, Lake Wales, Florida. He also served 16 years at Warner Southern College, Lake Wales. Florida in several capacities, including Department Chair, Division Chair, Professor, and Vice President for Development prior to joining Church Extension's staff. President Grubbs' duties involve Administration, Strategic Planning, Gift Cultivation, and by virtue of office, serves the Church of God in several capacities at the national level. He was awarded an honorary doctorate degree in 1992.

CECIL W. WATSON joined Church Extension September I, 1975, after having served as pastor for eighteen years in Kentucky and West Virginia. He has served Church Extension as Director of Building and Capital Fund Campaigns, Director Fund Services and Investments, and currently serves as Director of Planned Giving. Born in High Point, North Carolina, he entered the ministry in 1957 and was ordained in 1958 in the Kentucky Assembly. He studied Business Administration at High Point University, High Point, North Carolina and earned a Bachelor of Arts Degree from Anderson University in June, 1954, a Masters of Divinity Degree from the Anderson University School of Theology in June, 1957, and a Doctor of Ministries Degree from the Lexington Theological Seminary, Lexington, Kentucky, in May, 1981. Before joining Church Extension, Dr. Watson served as Senior Pastor at the First Church of God, Paris, Kentucky, and the First Church of God, Princeton, West Virginia. He successfully led the two congregations in major building programs. While in West Virginia, he served as chairman of the State Ministerial Assembly, chairman of the State Council, chairman of the State Credentials Committee, and as a member of the Publication Board of the Church of God, Anderson, Indiana.

L. KENT ADCOCK joined Church Extension in September 1998 as Director of Church Relations. He formerly served as Sr. Pastor of Crossroads of Life Church in the south suburbs of Jackson, Mississippi. Mr. Adcock, a native of Union, Mississippi, has also served as Senior Account Representative for an International Market Research Firm in Indianapolis, Indiana. He holds a B. A. Degree from Warner Southern College in Lake Wales, Florida with postgraduate work at Indiana University. While in Jackson, Mississippi he served as chairman of the State Home Missions Church Extension, and as chairman of the Family Development Center, which includes Crossroads School, Crossroads of Life Counseling, South Jackson Community Basketball League and Terrific Tuesdays (a home school satellite resource program). As an independent Player/Coach for Marketplace Consulting, he assists companies and business units in the areas of Management Development and Market Research.

LARRY E. SLOAN joined Church Extension in November, 1999, as Treasurer and Chief Financial Officer. Previously, he served the State of Indiana for 22 years as Director of Administration of the Department of Natural Resources (DNR) and later as Chief of Finance and Administration presiding over its $12 billion budget. While with the DNR, he served and chaired several committees including the Financial Steering Committee and the Energy Conservation Task Force. He received a B.S. degree in Business Administration, with a minor in Finance & Public Affairs from Indiana University. As Chief of Finance and Administration, he spearheaded the State's effort to install the first statewide Financial Management System and served on the oversight committee for system technologies. Mr. Sloan was recently commissioned as Honorary Secretary of State recognizing his contribution for improved efficiencies, economies and achieving fiscal stewardship throughout state government. He was also the only recipient of the Carolyn Mosby Brown Award in recognition for his leadership in surpassing the state's legislative objective for minority business.

DAVID H. FORTUNE joined Church Extension in August, 1980. Since January, 2000, he has held the position of Corporation Secretary and Senior Assistant Treasurer. He holds a BA Degree in Business-Computer Science and Mathematics from Anderson University. Before joining the staff, Mr. Fortune worked as a systems and software analyst for the Business Machines Group of Burroughs Corporation, specializing in computerized accounting systems. Mr. Fortune has also served Church Extension as Director of Accounting and Data Processing Services, Assistant Treasurer, Trust Officer, Corporation Secretary, Consultant for Special Projects and Planned Giving Specialist prior to assuming his current position. His current duties include maintaining all financial records pertaining to reserves, charitable trusts and gift annuities, assisting donors in estate planning and planned gift

28 CHURCH 005592 arrangements, assisting in Church Extension's computer systems, and completing special assignments from the President's office. KAY SCOTT GRANT joined Church Extension in May 1983 as secretary in the Church Building Department. in 1987 she became Administrative Assistant to the department. She was asked in 1988 to work in the area of investments along with tier other assignments and became Director of Investments in July 1989. Having attended Anderson University, Kay continues to pursue business courses in personnel, management, and computer. In 1996, after completion of the Uniform Securities Exam, she became Church Extension's Registered Security Agent, Mrs. Grant's duties include managing Church Extension's investment program, the IRA program, charitable trusts and annuities. In 2000, she became the Assistant Secretary of Church Extension.

S. LOUIS JACKSON joined the Church Extension ministries in September, 1994. He is the President of United Management Services, inc., with the responsibility to manage all of the subsidiary organizations of Church Extension, except Family Connection, Inc. In that capacity, his duties include the executive oversight of the extensive real estate, health care and contract holdings in Church Extension's asset portfolio. Before joining Church Extension, Mr. Jackson had an extensive business career, which included divisional management positions with Goodyear Tire. He also served in Executive Vice President positions for both Curtis Mathes and White Auto Stores. In addition, he owned and operated Christian retail Stores in Florida. Mr. Jackson is a graduate of Benton Harbor Business College and has completed extensive training courses in leadership, human relations and advance management.

Remuneration

No member of the Board of Directors of Church Extension or any of our subsidiaries receives any compensation for being a Director. Directors are reimbursed for actual expenses plus a per diem allowance incurred in attending the regular and called meetings. The aggregate amount of remuneration paid to Administrative Officers of Church Extension in 1999 was $261,950. No officer of Church Extension or any of its subsidiaries received a base salary in excess of $80,000. In addition, no Officer or Director receives any remuneration based upon the sale of our Notes or GICs or the amount of contributions received.

Pension Plan

All of our full-time employees are eligible for payments into a pension fund administered by the Board of Pensions of the Church of God, Inc., an affiliated agency of the Church of God (although independent of us). For Administrative Officers and certain staff members, we pay all of the annual contribution. For others, the employee pays a portion of the annual contribution.

CERTAIN TRANSACTIONS

Certain of our Board of Directors and administrative staff serve as members of the Board of Directors or officers of our subsidiaries. As part of our ongoing operations, we have and will continue to provide services, including the granting of loans, to Church Organizations with which our officers and members of the Board of Directors are affiliated. These transactions are in the normal course of business and are made on the same terms, including interest rates charged, as those available for comparable transactions with unrelated parties.

29 CHURCH 005593 LITIGATION

Because of our lending functions, we have found it necessary from time to time to initiate litigation in order to collect loan proceeds. Furthermore, since we hold mortgages and similar liens against real property in connection with our lending program, we are occasionally named as a defendant in actions regarding local disputes, such as a mechanics lien. In our opinion, we have little or no potential liability as a result of these actions.

ADMINISTRATIVE MATTERS

Securities issued by charitable organizations are exempt from the registration provisions of the Securities Act of 1933, as amended, and from the registration provisions of certain State securities laws; in other states, debt securities, such as our Notes, must be registered prior to their offer and sale. Additionally, in certain states, although the securities are exempt from registration, the persons engaged in sales activities must be registared as agents. Within the past several years, we believe we have taken the necessary steps to comply with the securities laws of most states to properly offer and sell our securities. We will continue taking these steps where we do business. Most states have regulatory statutes that govern the borrowing and lending activities undertaken within the state. We regularly review our procedures for selling Notes and making loans to determine that our method of borrowing and lending are in conformity with applicable State law. In certain states, however, it is possible that our previous activities in these areas may have exposed us to potential liabilities. We are not aware that we or our officers or agents have any material, undisclosed liability.

FINANCIAL INFORMATION

Our financial statements included in this Offering Circular consist of Consolidated Balance Sheets as at December 31, 1999, 1998 and 1997 and the related Consolidated Statements of Activities and Statements of Cash Flows for each of the three years in the period ended December 31, 1999. Our financial statements for those periods have been audited by Ent & Imler CPA Group, PC, Indianapolis, Indiana, independent certified public accountants, whose report is included.

LEGAL MATTERS

Legal matters in connection with the preparation of this Offering Circular have been passed upon by Messrs. Eads & Murray, P.C., 7321 Shadeland Station, Suite 250, Indianapolis, Indiana 46256, counsel for Church Extension,

DEFINITIONS

Church Extension —Church Extension of the Church of God., Inc., the issuer of the Notes.

Church Organizations—Local congregations, churches, colleges, seminaries, administrative units and autonomous corporations identified with the Church of God

Investors—The persons or organizations to whom the Notes are offered and sold.

30

CHURCH 005594 NOTICE OF RESCISSION (Georgia Residents Only)

TO: COMMISSIONER OF SECURITIES OFFICE OF THE SECRETARY OF STATE TWO MARTIN LUTHER KING JR., DR, 802 WEST TOWER ATLANTA, GEORGIA 30334

I hereby exercise my right to rescind my purchase of the Notes of the Church Extension of the Church of God, Inc. in the amount of

$

This rescission is made within seventy-two (72) hours of the earliest of my execution of a written agreement to purchase said Notes, the delivery of a confirmation of sale of said Notes to me or the payment for said Notes. understand that the effective date of this rescission shall be the date of delivery of this Notice or the depositing of same, properly addressed and with adequate postage thereon, in the United States Mail.

DATED, this _____ day of , 19_.

Address Name

City

NOTICE OF RESCISSION (Georgia Residents Only)

TO: COMMISSIONER OF SECURITIES OFFICE OF THE SECRETARY OF STATE TWO MARTIN LUTHER KING JR., DR. 802 WEST TOWER ATLANTA, GEORGIA 30334

I hereby exercise my right to rescind my purchase of the Notes of the Church Extension of the Church of God. Inc. in the amount of

$

This rescission is made within seventy-two (72) hours of the earliest of my execution of a written agreement to purchase said Notes, the delivery of a confirmation of sale of said Notes to me or the payment for said Notes. I understand that the effective date of this rescission shall be the date of delivery of this Notice or the depositing of same, properly addressed and with adequate postage thereon, in the United States Mail.

DATED, this____ day of , 19_.

Address Name

City

53 CHURCH 005595 TABLE OF CONTENTS

SUMMARY OF OFFERING .4 SUBSIDIARY CORPORATIONS AND OTHER OPERATIC INTRODUCTION ...... 5 Income-Producing Operations...... 19 General...... Ministry Operations ...... 19 Restructure...... 6 Overall Investment and Ministries Management ...... 2! Purpose of Church Extension...... 6 Summary of Financial Information...... 21 Nationwide Offerings...... 6 CHURCH EXTENSIONS LENDING ACTIVITIES 21 RISK FACTORS ...... 6 General...... 21 USE OF PROCEEDS ...... 8 LoanPolicies ...... 21 DESCRIPTION OF THE NOTES ...... 3 LoanProcessing...... Terms...... 8 MajorLoans ...... 23 DemandNotes ...... 9 Loan Delinquencies...... 23 Investment Notes ...... 9 SUMMARY OF OPERATIONS AND OTHER FINANCL1 Operations and Financial Information ...... 23 Life Investment Notes (Conditional Gifts) ...... 9 Pro Forrna Capitalization...... 24 Institutional Notes...... 10 Management's Discussion and Analysis ...... 2.5 IRA Investments ...... 10 Impact of Year 2000...... 25 Miscellaneous Information ...... 10 TAXASPECTS ...... 25 Agency Investment Program...... 10 MANAGEMENT...... 26 Method of Sale...... 11 Directors...... 26 HISTORY AND BUSINESS ...... 11 Officers and Key Personnel...... 27 The Church of God ...... ii Remuneration ...... 29 ChurchE.'tension...... 12 PensionPlan...... 29 Church Extension Services...... 13 CERTAIN TRANSACTIONS...... 29 FINANCING CHURCH EXTENSION'S LITIGATION...... 30 ACTIVITIES ...... 13 ADMINISTRATIVE MATTERS...... 30 General...... 13 FINANCIAL INFORMATION...... 30 OutstandingNotes...... 14 LEGAL MA1TERS...... 30 Sales of Notes in 1999...... 14 DEFINITIONS...... 30 Guaranteed Investment Contracts...... 14 REPORT OF INDEPENDENT ACCOUNTANTS ..... 31 Outstanding Regular Church Loans...... 15 STATEMENTS OF FINANCIAL POSITION...... 32 Maturity Information ...... [6 STATEMENTS OF ACTIVITIES ...... 33 MaintainedAssets...... 17 STATEMENTS OF CASH FLOWS ...... 36 LiquidReserve Funds...... 17 NOTES TO FINANCIAL STATEMENTS ...... 3 7 Other Investment and Income NOTICE OF RESCISSION (Georgia residents only).. .53 Producing Assets ...... 18 Related Financial Information ...... 18

CHURCH 005596 Daniel M. Erit Steven R. Irnier Ent 1 Imler CPA Group, PC David A McDanbsW Ja3opI' E Gorcon FOCUSING ON THE RI11JRE

INbEPENDEN'r AUDITORS' REPORT

Board of Directors Church Extension of the Church of God, Inc. and Related Entities Anderson, Tndna

We have audited the accompanying consolidated stat&ients of financial position of Church Extension of the Church of God, Inc. and Related Entities (Church Extensi(n) as of December 31,1999,1998 and 1997, and the related statements of activities and cash flows for the years then ended These consolidated financial statements are the responsibility of Church Extension's mpnagement Our responsibility is to express anopinion on these financial ttnntR based on our audits.

We conducted our audits in accordance with generally accepted auditing standards. These standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are fin of material misstatements. An audit includes exnining, on a test basis, evidence supporting the amounts and disclosures in the flttm, in1 statements. An audit also includes assessing the acco'n's4ng principles used and significant esthn'fes made by Tnfi1gemen4 as well as evaluating the overall financial statanints presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated ftancal statements refeTred to above present fairly, in all material respects, the financial position of Church Extension of the Church of God, Inc. and Related Entities as of December 31, 1999, 1998 and 1997, and the changes in its net assets and its cash flows for the years then ended in conformity with generally accepted accounting principles.

4* t 441 ',4v &4 1 4-, ENT & IMLER CPA GROUP, PC

[ndianii1olis, Indiana March 17, 2000 CRLJRCROOSS97

- . "J -A•^ S nfl j-,_p• __U_ __ -- S. .tL_ W * - - ' I. . • 4S

CHURCH EXTENSION OF THE CHURCH OF GOD, INC AND RELATED EN1ITtES CONSOLIDATED STATEMENTS OF FINANCIAL POSON December 31, 1999, 1998 and 1997

1999 1998 1997 ASSETS Cash and cash equivalents $ 3,981,277 $ 6,675,703 $ 2,356,686 Securities 6,143,955 4,244,237 4,547,674 Accounts and contributions receivable, and other assets 5,041,631 3,434,136 2,349,386 Notes receivable from affiThth - nd 10,065,132 4,536,857 1,474,509 Contracts receivable - net 10,566,944 10,395,019 13,973,670 Mortgage loans receivable - churches 16,018,297 27,215,645 23,132,810 Property held for sale 5,476,270 3,779,600 4,334,600 Investment properties 8,186,456 9,771,312 5,834,939 Mission properties 309,833 311,886 Property and equipment- net 54,721,970 34,266,678 19,662,727 Assets limited as to use 4,912,263 4,113,156 4,885,318 Assets hold intrust l2638.250 12989.144 11,978.317

Wl LIABiLITIES AND NET ASSETS Accoimis payable and accrued expenses $ 3,291,412 $ 2,659,019 $ 1,139,847 payae 1,173,622 1,062,178 1,059,942 Notes and mortgages payable 29,026,719 21,226,495 10,497,605 Revenue bonds payable 15,266,119 12,683,053 12,849,179 Savings deposits, certificates and notes 70,361,095 67,710,464 56,047,618 Deferred revenue 3,706,880 1,709,529 974,138 Trust liabilities 10,428,695 10,619,991 9,611,516 Actuarial value of annuities 2237.152 2.030.020 2,060,538

Total liabilities 135,491.694 119,700.809 94.240.383

Net assets Temporerily restricted 12,339,612 9,296,448 3,485,193 Permanently restricted 1,596,149 1,485,626 1,510,881 Unrestricted (1L67508) (8.751.564 (4.393.93)

Total net assets 2,260.753 2,030.510 602.119 117.752.447 fl21.731.319 $ 94.842.522

CILURCif 005598

CHURCH EXTENSION OF THE CHURCH OF GOD, WC. AND RELATED ENTITES CONSOLIDATED STATEMENTS OF ACTIVITY Years ended December 31, 1999, 1998 and 1997 =

1999 Temporarily Permanently Unrestricted Restricted ResDicted ___ INCOME Interest income: 1nvestment $ 501,679 $ 558,954 $ 23,519 8 1,084,152 Contracts receivable 1•,955, 329 1,955,829 Loans receivable 1.754.406 1354.406 4,211,914 558,954 23,519 4,794,387 Interest expense on savings deposits and certificates - 4.576.226 (4S76.226' Net inta, st Income (expense) (364,312) 558,954 - 23,519 218,161 0th Contributions: 1,713,343 143,048 103,455 1,959,846 Non-cash 1,873,496 3,064,694 4,938,190 Patient services 6462,269 6,462,269 Fees, services and other 2,824,725 59,629 2,884,354 Reeiestete rental revenue 3,775,967 1,982,109 5,758,076 Satisfaction of purpose restrictions - 2.765170 (2.765.270) Total income - 19.05&758 3.043.164 126,974 22,220. 896 EXPENSES Interest on long-term debt 2,156,511 2,156,511 Trust and Annuity paymenta 914,496 914,496 services 7,778,646 I 7778,646 Other es and

5,513,064 16,451 5,529,515 Facility and equipment mffina 3,203,415 3,203,415 —on 2,048,070 2,048,070 Bad debt expense 360.000 360.QQ Total expenses 1L974.202 16.451 21.990.653 Camp in net assets 2,923,444) 3,043,164 110,523 230,243

Net as (deficit), beginning 9.296.44* 1,485,626 2,030.510 of year — (8.751.564)

Net assets (deficit), end of year 8_1 11 675.00E 8 11.339.612 8 1.5961149 82.26O751

CHURCH 005599

CHURCH EXTENSION OF THE CHURCH OF GOD, INC AND RELATED ETfl1ES CONSOLDATED STATEMENTS OF ACTIVITY Years ended December31, 1999, 1998 and 1997

1998- Temporarily Permanently .Lnrestricte4 Restricted Restricted Total INCOME. Interest income: Invelsoneaft $ 525,124 $ 430,217 S 36,244 8 991,485 Contracts receivable 948,418 948,418 Loans receivable 2399.768 2,399,768 3,873,310 43 F,2- 17 36,144 4,339,671 Interest expense on savings deposits and certificates (4.00789 (4.040.78) Net interest incomc(expenae) (167,479) 430,217 36,144 298,882 Other mcame: Contributions: Cash 2,005,420 286,641 11,303 2,303,364 Non-cash 5,580,309 5,580,309 Patient services 7,773,285 7,773,285 Fees, services and other revenue (expense) 1,222,660 10,435 1,233,095 Real estste reaw revenue 2,359,485 2,359,485 Satisfaction of purpose restrictions 496.347 (496.3471 Tots! income 13.689118 5.81 1.2Sf 47.447 19.548.420

EXPENSES Interest on long-term debt 1,850,721 1,850,721 Trust and annuity payments 853,773 853,773 Program services 6,972,661 6,972,661 Other salaries and employee benefits 1,089,960 1,089,960 Administration and 3,817,764 72,702 3,890,466 Facility and equipment 1,423,980 1,423,980 Deon 1,202,017 1,202,017 Bad debt expense 836.471 836A71 Totel expenses 18.047.347 72.702 18,120,04-9 Change in net assets (4,357,629) 5,811,255 (25,255) 1,428,371

Net assets (deficit) beginning of year (4i93.935) 3.485.193 1.510.881 602J3

Net assets (decit), and of year S (L75L564 S S L485 626

CHURCH 005600

CHURCH EXTENSION OF THE CHURCH OF GOD, INC. AND RELATED ENITflES CONSOUDATED STATEMENTS OF ACTWITY Yew ended December3j, 1999, 1998 and 1997

1997 - Temporarily Permanently Unrestricted Restricted Restricted Tc,mi INCOME Interest income: Investments $ 837,513 $ 233,436 $ 33,530 S 1,104,479 Contracts receivable 731,208 731,208 Loans receivable 1689.311 1.689318 3,258,039 233,436 33,530 3,525,005 Interest expense on savings deposits and certificates 13.275,962') (3.275.962) Net interest income (expense) (17,923) 233,436 33,530 249,043 Other income: Contributions: Cash 2,334,966 224,371 188 2,559,525 Non-cash 780,000 348,652 1,128,652 Patient services 5,979,326 5,979,326 Fees, services and other revenue (expense) 1,563,488 (166,327) 1,397,161 Rai estate rental revenue 842,756 842,756 Satithclion of purpose restrictions 273.504 (273.504') - - - Totel income 11.756.117 366.628 33.718 12.156.463

EXPENSES Interest on long-term debt 1,035,130 - 1,035,130 Trust and annuity payments 520,956 - 520,956 Pmgram services 4,096,055 - 4,096,055 Other selaries and employee benefits 1,241,901 - 1,241,901 Administration and development 3,437,530 - 3,437,530 Facility and equipment 791,783 - 791,783 Deprecion 702,132 - 702,132 Bad debt cqxmw 235.209 - 235.2 Total expenses 12.060.696 - 12.060.696 Change in net assets (304,579) 366,628 33,718 95,767

Net assets (deficit), beginning of year (4.089356) 3.118.565 1.477.163 506.172

Net assets (deficit), and of year I. (4.39•95) 1.485.193 1310.881 602J3

CHURCH 005601

CHURCH EXTENSION OF THE CHURCH OF GOD, INC. AND RELATED ENTITIES CONSOLIDATED STATEMENTS OF CASH PLOWS Yew ended December 31, 1999, 1998 and 1997

Im 1998 1997 Cash Bows from opatlng activities Cangeth net ease $ 230,243 $ 1,428371 $ 95,767 Adjustments to reconcile change in net aue to net cash provided (used) by aperathig actLv*ea Depziaffon 2.048,070 1.202.017 702,132 Nan cash carthfbuons (4497.531) 5,42B,669) (944,316) Amcron of dlsa,unt L195 91,589 Allowance for valualian of property and receivables 775,800 (540,518) 284XU Capitalized loan origination fees (41Z40 (75,370) (69,733) ltL credited to deposits Z164.395 1,893,788 1,425,414 Realized and tmreallzed loss (pin) on sale of useta and investments (p6745) 62,109 242,982 nge In tt usta (413,941) (137,344) (786,602) Chmp in operating uaeb and liabilities Aunts and confrthutioas receivable and other opm&g useta (957,016) l. 532.224 O&W operating us1il1ties -'-I JIt#ir4 560.781 Net cash provided (used) by operating activities 1.177,792 Cash flows from investing activities Pruceia from sales of thvutmett securities 1,443,406 9,339 197,610 Pmthases of investment seadUea (Z925M18) 62 (118,168) Prlr collected an confricta and notes receivable 1,52715 Z65Z 862477 Cona and nabus originated (3.509,511) (2,977,404) (125.035) Principal collected on baa i5487, 3,266,076 2,159,867 Lc originated (101189,352) (8,163402) (3,913,436) Purchases of prpezty and equipment 14.4.9I5) (6,117,588) (019,028) Proceeds from sale of property and equipment 300,000 Acqulsitiona of Investment properties (3,120,613) (1,449,467) (2,441,148) Proceeds from sales of ftrvàtmertt properties 623488 199,059 199,476 .. - (34406) (70,644) tehtaueta HMI tedutouse Mm 2.788.01. (4214.650 Net msh used by inveatixtg activities (15.455.99St (9400061 L2.472.479l

Cash flowi from financing activities 85,055 52,185 392,622 Net inae In savthp depuft, certificates and nos 300.513 9645729 3,694,405 Proceeds from reYolving &M of credit aid long-term borrowings 11419,101 111101,980 U,920,053 Proceb from deiuied u* Prhicipul peyte on revulvfztg lines of credit and lang-tmm debt (4.525.769) (6.280.6381 (3.3021) Net cash provided by Rig activities 12iJ73 14.519.256 l2.704.9

Increase (dm) in cash and cash equivalents (2,694,426) 46%9,017 1,410,4

Cash and cash equivalents, begioning of year 6.6752cn 2.356M6

Cash and cash equivalents, end of year 8 i_647S.7t3 S 2i56.686 Suppl.nieLntI disclosures Cash paid for inest $ 6,Z'8,428 $ 4,058,679 2.841.283

CHURCH 005602 CHURCH EXTENSION OF THE CHURCH OF GOD, INC. AND RELATED ENTES NOTES TO CONSOLIDATED FThZANCIAL STATEMENT'S December 31, 1999, 1998 and 1997

NOTE 1- NATURE OF ORGANIZATION AND SIGNThICANT ACCOIN11NG POLICIES

Church Extension of the Church of God, Inc. (Church Extension) is a general agency of the Church of God which has its national headquarters in Anderson, Tneiiana Church Extension was created and chartered by the Generai Minim' Assembly of the Church of God in 1921. Church Extension was incorporated as an Indiana not-for-profit corporation onluty 9, 1921.

The General Assembly received a gmup exemption ruling based on section 501 (c)(3) of the Internal Revenue Code that included Church Extension. As such, it is exempt from federal Income tax, and conibutions by the public are tax deductible for income tax purposes. Church Picion obtained a separate ruling from the State of Indiana rcgang its tax exempt statuaon August is,1933.

Church Pxtensinn's primary purpose is to provide loans to congregations and other agencies of the Church of God, primarily for capital projects, and it assists in organizing church building fond campaigns and development studies. In addition, it receives contributions and other sources of income, and provides other ministry services including rathernent, affordable housin& fecility implementation for congregations and youth. The primary source of funds for these investing activities is derived from deposits placed with Church Extension by Individuals and organkitions. In Church Extension's opinion substantially all funds received through the various investment programs are from members or units of the Church of God.

Because of the nature of its recent operations, a portion of Church Extension's assets have become more illiquid and longer term in duration while funding liabilities have remained essentially unchanged and short term in nature. In addition, the unrestricted net assets deficit has increased In recent years which, increases the dependence on ñzture unrestricted revenues and additional borrowin& to provide support .for Church Extension's activities. Church of God Retirement Communities earn service fees operating skilled nursing fecilities and assisted living fecilities. Family Connection children's homes earn service fees operating homes for disadvantaged children in Kennky and Indian

The consolidated financial submads of Church Extension are prepared on the accrual basis of accounting. The significant accounting policies followed arc *scribed below to enhance the usefulness of the consolidated financial statements to the reader.

Edmipla In order to enhance the mission of Church Extension, the following subsidiary corporations vmm developed and are currently operated

Family Coimeciion, Inc. - a 501(c)(3) tax exempt orgnition responsible for the children and youth outreach provided by Hope HID, a home for disadvantaged children located in Kentucky, and Triple L Youth Center, a home fbr disadvantaged children located in Indiana

United Management Ser9iceZ Inc. - a 501(c)(3) not-for-profit organization which serves to coordinate the erts of the subsidiary corporations. CHURCH 005603 Retirement Division:

Chwch of God Redreineni Cominwiities, Inc. - a 501(c)(3) tax exempt corporation oaring ll-service nursing homes in Ohio, assisted living facilities in Penns)4yania, and a condominium retirement community in Florida. Approximately half of Its net resident service revenue is from Medicaid and Mdicareprograms.

Providence Compie.r, Inc. - a for profit C-Corporation organized to develop new sources of earned Income in support of the ministry of Church Extension.

Golden Years Nursing Home, Inc. - a for profit C-Corporation that provides healthcare and assisted living services in Hamilton, Ohio. Church Extension received this company In 1997 partially through outright gifts and partially from contributions to charitable trusts. The contribution recorded was $1,020,061.

Greenbee, LLC - a limited liability company operating a51 unit assisted living retirement community located in Geenfleld, Indiana. Church Exonsion acquired the 80% it did not already own during 1997 with two bargain sales and a deferred gift annuity. These transactions resulted in a contribution of $315,000.

Brentwood Fw* 4parbnen4 Inc. - a for profit C-Corporation owning a 120 unit Senior housing apartment building located in Northern 1nni-

A.tiisted and CatzredLhft Fxililfer - Church Extension through Its subsidiaries owns andoperates several assisted and catered living facilities located in Central Indians, Southern Michigan, Western Pennsylvania and Central Florida.

Resource Development Properties, Inc. - a 501(c)(5) tax exempt property-holding company which primarily holds contracts resulting from the sale of commercial real estate.

Partners in Action of the Mid Soah, Inc. - owns and operates six 501(c)(3) corporations owning title to several apartment buildings, containing a total of 872 wilts, and operated under Section 20Z 221, and 236 of the National Housing-Act and regulated by the U.S. Department of Housing and Urban Development (HUD) with respect to rental charges and operating methods. The corporation is also subject to Section 8 Housing Aasiatance Payment agreements with the U.S. Department of Housing and Urban Development. This entity bass fiscal year end of September 30.

All entities described above are included in the consolidated financial statmcnts. All significant intercompany balances and transactions have been eliminated.

CHURCH 005604

Deferred Revenue: Deferred revc= is recorded as a liability when received. The Retirement Division se patio homes on the basis that Its income from the sale is deftred umg the i nitial p=h&= ter~~ the' ownership. When the patio home is sold to another party the gain, if any, is realized and therefore recorded a income. -.

Income Taxes: Chum& E=nSiOn And most of its related ciedes am =mpt from Federal income tax under Inte. MR Revenue Service Code Section 501 (cX3). Church Extension has two for-profit entities that did not have any taxabl income. Accordingly, no provision for income taxes is provided for in the financial statements. Rachwifigguns:Certain prior year amounts have been reclassified to contørm to culTent year presentation.

Allocation of Expenses: The coat of providing the various program services and supporting activities of the churci have been summarized on a fonctional basis in the following schedule. Accordingly, certain costs have bec allocated among the program services and supporting activities benefited. Church Extension has adopted SOP 98- "Accounting for Cows of Activities of Not-for Profit Organizetions that Include Fund r2iing." Church Exterisior did not incur any significant joint fond raising costs requiring allocation. The fonctional presentation of expenses, including.program related irdereat expense, is as follows:

Program services Church extension services $ 5,152,648 $ 4,626,708 $ 3,757,688 Church growth services 340,621 365,658 Home missions services 699,353 658,380 Retirement services 7,734,64! 8,703,873 5229,327 Youth services 1.513.861 J .A69.7D2 1,410,226 14,401,150 15,840,257 11,421,779 Supporting activities: Management and general 10,732,297 5,162,216 3,164,477 Fundraising 361.958 27628 229.446 11.094.255 5.438.444 3.391923 S 25.495.405 S 21.278.701 S . 14315.7o2

19. 1998 1222 Readily marketable Government nets $ 620,674 $ 309,985 $ 489,420 Corporate and municipal bonds 1,161,757 990,455 1,169,986

Bank certificates of deposit - 132,012 44,501 Common stock 1,527,050 461,191 459,417 Mutual fi4 559,765 80,652 65,488

Precious metals 49,572 49,503 - Aced intercat 25,137 20,433 23,195 Dividends receivable (net of reserve) 95,667 3,943,955 2,044,237 2,347,674 Non-readily marketable PreTed stock MW CHURCH 005605

Church Extension purchased S 1,000,000 of Key Corporation preferred stock and S 1200,000 of preferred stock of a subsidiary of Key Corporation, Key Life Insurance, in order to provide Key with additional capital to support it CIIC pro?am. The preferred stock is Class A cumulative preferred stock with an annual dividend payable of 7 paid quarterly. At December31, 1999 dividends from Key Corporation and Key Life Insurance were in arrears and amounted to 387,500 and $231,000, respectively. In 1998 Church Extension adopted the practice of recording dividends as income when the cash is received. Therefbre, the dividends receivable noted above have been filly reserved. Dividends paid by Key Corporation were $52,500 in 1998 and $52,500 in 1999.

Management is aggressively pursuing collection of these dividends and due to imposing financial condition of Key Corporation and Key Life Insurance management is of the opinion all dividends in arrears will evenwaily be collected.

NOTE 3- NOTES RECEIVABLE FROM AFFILiATES (Ralated Parties) Notes receivable from affiliates consist of I1. Due from Mid-America Bible college: $3,700,000, bearing interest at 9.75 0A payable in monthly installments of $31,966, and maturing September 1, 2001, secured by mortgage. $ 3,559,042 $3,551,648 $ 3,585,630 $53,000, bearing interest at 9.90%, payable in monthly installments of $602, and maturing August 1, 2001. 50,102 49,801 49,924 $1,435,658, bearing interest ranging from 8.0-9.75%, interest only payments, maturing November 2000. 1,434,658 1,390,661 1,390,661

$500,000, bearing interest at 9.25 0A interest only payments, manwing April 1999. - 500,000

Due from Warner Press $1,980,193, bearing interest at 8.90%, monthly payments of $44,063 beginning July 1999 and the balance is due June 2002. 1,953,395 2,505,904

Due from Church of God Mial $2,530,000, bearing inIesL at 8S0%, payable monthly isllntcnta of $25,511, and maturing July 2002. 2,495,763 -

$521,786, bearing interest at 6.00%, interest only payments, maturing February 2014. 520,401 Accrued interest 233,811 140,491 83,924

Reserve for past due interest (l82JO (50.000) (50,000)

Less amounts assigned to an insurance CHURCH 005606 company under the GIC program mom ñillydesaibedin Now $and 11. - 13.551.648) (3.585630) S lO-065.t32 1 4,536,957 fl474509

NOTE 4. CONTRACTS RECEIVABLE

contTzts receivable consists of 1999 in _ CchEensgg Various conUzc related to the sale ot'donated property and investment properties, original contacts amounts ranging from $5,000 to $2,959,000 sites ranging from 7.9% to 12%, rnaniring July 2000 to March 2025, secured by mortgages, and properties. $ 8,211,006 $ 8,000,698 $ 7,035,776 Assigned to Key L& Insurance Co. with recourse. (807556) 73,010 60,258 85,321

Reserve thr uncollectlbte accounts 015.223) (177.79) (359308) 7.161.237 - 7.883.163 6,761,789 United ?4noerneot Services. Inc. Various contracts related to the sale of hivestzncnts properties, original contacts amounts ranging from S11971to$l,S00,000tuterést rafts from8.0%to 10.5% and maturing from November 2000 to Much 2M5 secured by properties. $ 3,12488 $ 2,063,987 $ 7,670,776 Accrued interest 2,916 2,592 139,143

- (20,735) (27,395)

2,185,104 2.045.844 6.768.120 TrioleL Promissory note resulting from the sale of land in Colorado. The term of the promissory note is twenty years including aiLt at 2% above prime, to be a4usted every three years. The note is callable in 2004, secured by land. 196,671 405,252 414,011

Promissory note resulting from the sale of land in West ginia. The proinissorynote is due Jnnuary 15, 1999. There was no ineat applied to the contact receivable. 28,500 - Accrued interest on contact 23.934 32.259 29,150. 220.605 466.011 443.161 Total contacts receivable S 10.566.946 S 10.395.018 S 13.97162 CHURCH 005607

NOTE 5- MORTGAGE LOANS RECEIVABLE - CELTRCBEI

Mortgage loans receivable consist of

1222 Loans to Church of God churches and agencies, bearing interest rates ranging from 6.0% to 1O%,securedby mortgages with maturities to March 2003. $ 32652,395 $ 38,430,624 S 35,041,676 Assigned to Farm Bureau Insurance Co. and Key Life Insurance Co. - with recourse (Note 11). (16,682,850) (11,435,339) (12,052,667)

Accrued interest 178,752 275,360 198,801

Less allowance for doubtful loans • (130000) (55.0w) (55,000) S 16.018.297 127115.645 S_23.132.810

Loans with Recourse: Under the Guaranteed Investment Contract Program A ninistrative Agreement, more fully described in Note 11, Church Extension has assigned loans totaling $16,682,850, including accrued interest of $91,100, to Farm Bureau Insurance and Key Life Insnance as part of its Master Guaranteed Investment Contracts. These Companies will reassign back to Church Extension if it is determined that a mortgage is delinquent and should be placed on reserve interest staflzs. Under each agreement, Church Extension shall immediately assign another mortgage note and mortgage, cash, or other collateral of equal value to Key or Farm in the event of such delinquency.

1'Ii t ài 34!) 'J iiica 4ts) 4wt Investment properties and properties held for sale are recorded at fair market value, less costs to sell, and are handled as bargain purchases. Church Extension, prior to accepting these gifts from a prospective donor, attempts to establish that the donor's primary intent is to benefit Church Extension's ministry. The asset's fair reartet value is estimated by mnRgement before acquisition, it is purchased at less than fair value, and the difference is recorded as a non-cash contribution. During 1999, 1998 and 1997, $1,873,496, $151,641 and $0 was recorded as non-cash contributions as a result of bargain purchases.

Properties acquired in this mirmcr on do not have readily ascertainable market values. The primary basis for the value estimation of such properties has been the use of appraisal reports obtained from independent professional appraisers. Appraisals by nature include extensive estimates and valuation judgments and relates to a propertY's locations, its zoning dw demographics andlor economy of the surrourvllng area, environmental and other similar factors. These factors, individually and collectively create inherent uncertainty in the valuation Process, and estimated values may differ significantly from the values that would have been used had a ready market for the real estate invesnnent existed. Such differences could be material.

CHURCH 005608

NOTE 7. ASSETS RELD IN TRUST

Upon receipt of charitable remnder mists, the actuarially computed gift value of the thjst is recognized as an as.e and resicted net assets. In subsequent years, the mists are revalued using the initial cts concezning the gif valuation, and the net change is shown as other revenue. The gross assets liabilities and net assets of the cbaritabI remainder mists are as llows:

122 i22 1997 HAR1ThBLE REMAINDERTR.USTS (CRTI Assets Cash and cash equivalents S 1,042,036 $ 922,498 $ 935,461 Marketable securities 4,124,256 3,150,045 2,491,093 1nvestoent in CEIN certificates 519,028 490,228 238,529 Contracts, notes and mortgages receivable 4,834,182 4,573,.80 2,598,370 Real ese 2,250,937 3,838,760 5,439,338 Interest and other receivables 56.472 118.012 150.836 12.826.911 5 13.093.123 5 11,853..627 Liabilities and equity Liabilities Accounts and other payable $ 80,697 152,567 140,762 ActusxW liability 8,972,423 9,042438 8,394,871 Due to other remaindemen 1,205.595 1.230.572 233,642 Total liabilities 10,258,715 10,425,277 9,469,275 .Net assets Church Extension remainder interest 2.568J96 2467,846 2384.351 5.12.26.91l S 13.093.123 S 11 -853.62.6

ENDOMIT Assets 1nvescnts $ 112,745 $ 67,446 $ 102,162 Contracts and notes receivable - - 215,901 Loans receivable 352,741 266,828 278,024 Other assets - 2.595 S 465.486 5 334.529 5 598.682

Liabilities and equity LiabiliUcs Notes and mortgages payable $ —S —$ Restricted payable 70.458 29.451 Total liabilities - 70,458 29,455

Net assets Church Extension 465.486 264.0?! ___ S 465.436 5. 334329 5 598.682

CHURCH 005609 U

POOLED INCOME FUNDS (P' Assets Cash $ 8,183 $ 82,386 S 57,291 Investments and other assets 291.858 208.935 90.941 8 300.041 8 291-321- S 24&239 Liabilities and equity Liabilities Actuarial value $ 182,084 $ 175,323 $ 128,414 Accounts and other payables 32.555 - - 44.111 Total liabilities 214,639 210,452 172,525 Not asscts Church Extension remainder interest 80. 75,714 S 300.q S 29L321 t 248.239

1998 Net Net _ Liability _ AM Liability Assets CRT's $12,826,911 $ 10,258,715 $ 2,568,196 $13,093,123 $10,425,271 $ 2667,846 Endowments 465,496 - 465,486 334,529 70,458 264,071 Prrs 300,041 214,639 85,402 291,321 210,452 80,869 Eliminations (954.10 (4465) (909529 (729829 (86.1 (643.63) 8 12.638.250 $ l042869 8 2.209555 812.989.144 8 t0.619.991 S 2.369.l5

2Z Net Assets LiabilityAMI CRT's $ 11,853,627 S 9,472,923 $ 2,380,703 Endowments 598,682 29,455 569,227 PIP's 241,239 172,525 75,714 Eliminations (-72 1) (633873 (6586843 8tL97L317 8 9,611,516 8 2i66.801

Property and equipment conisti o

IM 1998 1222 Land and land inprovements $ 4,902,980 $ 3,708,051 $ 2,843,740 Buildings and grouixis 46,243,891 26,765,992 16,161,724 Funüthre and equipment 3,355,371 2,850,439 2,544,326 Conuctlon in progress 1.631.844 5.430.128 1.267.816 62,134,086 38,755,210 22,817,606 Less accumulated depreciation C7.411.116 f4.488.532 (3J54.879) I 54.72L9104.266.678 8 19.662.727 CHURCH 005610

NOTE 9- NOTES AND MORTGAGE NOTES PAYABLE

Notes and mortgage notes payable consist of 1997 Church Extension Various notes payable with interest 0 rates of 8% to 9.75%, maturing through November 2009. $ 1549,074 $ 2,657,651 5 4,591,437 Mortgage note payable to bank with interest rate at 1% above prime, rnatiringlanuaiy 2001. 1,120,000 546,434 566,804

Note payable to a bank with interest rate of 815 0A maturing Jnnnarj 2003. 3,053,326 3,865,103 Various notes payable with tens plan churches, with an imputed interest rate of 7.90% maturing February 2009. 2,081,297 678,395

Accrued interest 16,070 fficdble HnunR Diviulco. Various mortgage paysbies due to Depariment Of Houuing and Urban Developmcnt interest ranging from 3% to 7.10% maturing from 2010 to 2014. 6,247,129 4907,527 Retirement division Various tines of credit and notes payable with banks used to constrt patio homes, bearing interest between 8% and 8.5%. 1,137,476 1,081,756 371,048 Mortgage loans with various lenders to finR1C verity of retirement community properties. Outtsiiding principal balances a. of December 31, 1999 Rangu from $5,000 to $2,800,000 per project with Interdt rates gencrifly ranging from 8% to 9%. 13,198,147 6,817,491 4,277,040

Family Conitlon Construction loan ibr building, interest ate 9.5%, thm May 2001 secured by biiltflng. 580,976 587,321 591,104

Note payable to COICIIdO Confrrence, bearing interest at 11% due January 2004. 40,000 40,000 40,000

Notes payable for ecpiipment, hder 7.7% to 14.25%, maturing through April 2001. 19.294 44,817 44.102 529.0267t9 S 21.226.495 SJ0.497.60.

CHURCH 005611 Notes and mortgage notes payable mature as follows:

200G $ 6,215,031 2001 2,313,748 2002 2,090,606 2003 2,815,768 Thereafter 15.591.566

NOTE 10. REVENUE BONDS PAYABL

Revenue bonds issued for construction of Church of God Retirement Communities, Inc. and United Management Services, Inc. health care thcilitias consist of

1222 1998 1222 City of Middletown, Ohio Health Can Facilities Revenue Refunding Bonds, interest payable semi-annually at rates ranging from * 4.5% to 8.750/L Serial bonds, principal payable annually in amounts ranging from $166,000 to $715,000. $ 4,510,119 $ 4,506,950 $ 4,740,259 Butter County, Pennsylvania Inthisria1 Development Authority Congregate Care Facilities Revenue Bonds, interest payable semi-annually at rates rRnng from 4.5% to 7.5% with principal payable annually in axnotnns ranging from $65,000 to $295,000. 3,435,000 3,500,000 3,597,545 City of Anderson, Indiana Economic Development Facilities Revenue Bonds, interest payable semi-annually at rates ranging from 5% to 9% with principal payable annually in amounts ranging from $75,000 to $325,000. 4,675,000 4,676,103 4,511,375

Parthers in Action of the Mld-South First mortgage bonds, fir consucticn of 45-unit Aisted living Acft in Stevenãille, Michigan. Interest is payable semi-annually at rates ranging from 6.5% to 9.0% with principal payable semi-annually in amounts ranging from $37,750 to V,984,750. 2.646.000 - - $ 15.266.119 $ 12.683.053 $ 12J49.179

CHURCH 005612

Maturities of revenue bonds payable, including mandatory redemption of principal through sinking fund depost for years after December 31, 1999 are as follows:

2000 S 419,099 2001 497,350 2002 523,850 2003 550,350 Thcfter I 3.275.470

Us Uns" iJ (1 Savings deposits, certificates and notes conist of

Savings deposits subject to dmmid withdrwa1 (intereat at 325% to 8.09A) $ 4,552,808 $ 3,343,296 $ 3,352,604 Investment notes (interest at 4.50% to 7.75%) 64,903,877 63,629,172 52,174,235 Lifb loan agieelnents (Wterest at 7.25% to 825%) 904.410 737.996 520779 S 70.361 1095 5 67.710.464 556.047.618

Church Extension hii a Master Guaranteed Investment Contract with Farm Bureau Insurance Company of Indianapolis (Farm). Under to conhug, Chinch Extension, as agent for Farm, may issue Guaranteed Investment Contacts (tCs) to indivithials and uton& The proceeds from the GCs are used to finance mortgages to churches which are then assigned to Farm in a manner making Farm the owner of such mortgages. As part of the agreement, Church Extension assumes the responsibility of mazleting and administering the GICs and mortgage loans. The agreement requires Church Extension to subatibne any mortgage loan that becomes delinquent with another loan or an asset of a value equal to -or greater than the delinquent loan which is acceptable to Farm. The agreement also gives Farm the ability to terminate and be released from the contact should the program fail to contimic to (*tslfl approval from the Thd6na Department of Insurance, or Church Extension fails to comply with to terms of the egrecmenL In addition to the amounts listed above GICs were issued for $17,582,157 $15,109,834, and $15,769,405 as of the year ended December 31, 1999 1998, and 1997, respectively, of which $266,437, $220,331, and $258,786, respectively, represent accrued interest.

Savings deposits, certificates and notes matures as follows

$ 24,222,189 2001 16,146,619 2002 16,247,918 2003 8,493,605 2004 5.250.764 S 70.361.095

CHURCH 005613

NOTE 12. NET ASSETS

Net assets consist oft

1222 1222 Temporarily restricted Charitable mats $ 2,653,598 $ 2,745,068 S 2,456,417 Other restricted funds - 91686.014 _&551.3Q 1,028,776 12,339,612 9,296,448 3,485,193 Permanently restricted Endowments 1,342,891 1,216,192 1,216,327 Revolving loan. ii.mds 253.258 26944 294.554 1,596,149 1,485,626 1,510,881 Unrestricted (11.675.008) (9,751 .564) —(4.393.935) S 20O.5iO

NOTE 13- MANAGEMENT USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the flnmcial attlements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those asumam The following M significant estimates in the financial statements:

ves1rner b=Wgi and ftM HçlçJ for Sje: The investment properties and property held for We are recorded at thir market value based primarily on an appraisal amount less exØcted selling costs. It is reasonably possible that these significant estimates could change by a material amount in the near term.

Receivables: The allowance for uncollectible accounts receivable is maintained at a level which, in managemenf a judgment, is adequate to absorb poteütial losses if these receivables are not collected. The amount of the allowance is based on managcments evaluation of the coilectibility of the receivables, including the nature of the receivable, credit concentrations, trends in historical Loss expericncc and economic conditions. Because of uncertainties associated with collecting receivables, it is reasonably possibly that the management's estimate of the related allowance may diange materially in the near tenn. However the amount of change cannot be estimated. The allowance is increased by bad debt expense and reduced by write-offs, net of recoveries. Included in contributions receivable are pledges of non-cash assets, the fair value of which is also and estimate. Most non-cash contributions to Church Extension axe real estate held for sale or rent It is reasonably possible that these significant estimates could change by a material amount in the near teim. Net Value of ThistslActusrial Value of Annuities: The net computed gift value of charitable remainder trusts contributed to Church Extension incorporate thC use of various actuarial assumptions which are estimates. Due to the annuity contracts often incorporated in these contributions, actuarial ctors used could recuire revision resultin2 in a material additional liability or asset and expense or income to Church Extension. CHURCH 005614

Allowance for Losses on Notes. Contracts and Mortaes: The allowances for loan losses is millnuunea at a ievci which, in management's judgmeM is adequate to absorb potential losses in the loan portfolio. The amount of the allowance is based on mngement's evaluation of the collecnl,iiity of the loan portfolio, including the nature of the portfolio, credit concentratlon trends in historical loss experienes, specific impaired loans, and economic conditions. Allowances for impaired loans are generally determined based on collaal values or the present value of estimated cash flows. Because of uncertainties associated with cdllatend values and cash flows on lrripair loans, it is reasonably possible that managements estimate of credit losses irtherent in the loan portfolio and ti related allowancemay change materially in near tem However, the amount of change cannot be estimated. 1 allowance is increased by a provision for loan losses, which is charged to eapcnse and rednced by charge-os, n of recoveries. Changes in allowance relating to impaired loans are charged or credited to the provision for bE losses. It is reasonably possible that these signicant estimates could change by a material amount in the near tern NOTE 14- COMMTMENT

Church Extension has made commitments to fond new church loans as of December 31, 1999 in the amount c $10,950,613. Church of God Retirement Communities, Inc. has several Mlity expansion projects underway. Thes projects have incurred costs to date of $5,134,394 and axe expected to cost $10,656,555 when complete.

NOTE 15- RELATED PARTY TRANSACI'IONS

Church Extension received contributions from the Church of God Wcdd Service Board in the amount of SC $592,964, and $562,417 during the year ended December 31, 1999, 19H and 1997, respectively. The rcceivubl tlm,t!e at each respective year-aid is $0, $0, and $437,209. In addltino, Church Extension has notes due fron lintes and certificates and other deposits with dMides The notes receivables are detailed in Note 3 and, a December 31, 1999, 1998 and 1997, deposits toWed $1,173,014, $1,113,363, and $2,217,586.

In 1997, Church Extension soldproperties for $275,000 toan officer for cash and a now rcceivab1c. This sale ww made in accordance with standard Church Extension practices. This resulted in no significant pro& or loss t • Church Extension. The outtanding balance as of December31, 1999 was $246,784 with interaat at 8% per aimtun This note is included in contracts receivable on the_ j1ti of financial position.

United MRnement Services, Inc. has secured two Directors of its subsidiary corporations to assist in achieving it operational objectives. Their compensation totaled approximately $90,000 during the past year.

Church Extension has two mortgage loans receivable aegating $4,107,116 with interest at 8.9% per annum from churches whose members are directors of the Church Exzudon. NOTE 16- EMPLOYEE BFNE1lTI Medical Bgmftl Church Extension is responsible for payment of medical benefits for all eligible employees and dependents (excluding da Real !s'e Division and Rtkament Division employees) and has a contract with an insurance company for a stop-loss coverage. Under the medical benefit plan, Chinch Extension covers expenses up to $25,000 per person per year. Covered oyees: responsible for certain deductible and co-insurance, as described idly In the schedule of medical baicflta in the Plan Docunierit. Under the stop-loss coverage, the insurance specific and segste limit of liability of $1,000,000. Expenses for 1999, 1998 and 1997 were $153,694, $138,003, and $96,528, respectively.

Rtfrcmcnt Bm3gbj Subait11ly all employees are covered under the Board of Pensions of the Church of God, Inc. Plan. Contributions to this Plan are made by Church Extension up to 11% of employees' wages. Coibthons to the rC1kI1C!It program for the )5 aided December 31, 1999, 1998 and 1997 wee $84,184,$133,526, and $87,Sl&

CRURCH 005615 NOTE 17- ACOV1SION OF APARTMENT BIJILD[NG RNTAL PROPERTIES

During 1999, Church Extension received as a donation three apartment building rental properties operated under Sections 202 and 236 of the National Housing Act and regulated by the U.S. Department of Housing andUrban Development (HUD). .The former owner of the HUD properties (an unrelated not-for-profit organization) expL essed its intent to contribute to Church Extension the HUD properties 41 Elk market value. Church Extension obtained an independent MM appraisal of the three properties. The appraised value exceeded the carrying value of the properties resulting in a non-cash contribution of $3,057,000 which was recorded in the Stazeniexit of Activities. This was recorded as a Temporarily Restricted Contribution due to the HUD regulations that are in effect until the project mortgages are paid o

Also, Church Extension acquired 200 acres located in Austin, Texas under a bargain sale transaction. Church Extension purchased the land for approximately $1,300,000 less than the appraised value. Church Extension is exploring the use of this land for its affordable housing division.

Church Extension, through one of its subsidiaries, purchased a 120-unit senior housing apartment campus for approximately $3,700,000. This senior housing campus was folly operational and enhances the senior housing ministry of the Extension.

NOTE 18- CONCENTRATION OF RISK AND FAIR VALTJE OF FINANCIAL INSTRUMENTS

Conceukdtions and B099M Risk Church Extension operates several apartment building rental properties that are con entatedin the multifamily real estate market. Tn addition, the Project operates In a heavily regulated. arAronmam The operations of the Project are subject to the administrative directives, rules and regulations of federal, stft and local regulatory agencies, including- but not limited to, HUD. Such administrative directives, rules and regulations are subject to change by an act of congress or an administrative change mandated by HUD. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. In addition, amounts deposited on the various invneñt programs areprimarily from members of the Church of God or its related affiliated agencies and orgnnions.

Off Balance Sheet Risk Financial instruments that potentially subject Church Extension to credit risk consist principally of contract and notes receivable mortgage loan receivable and h7ft , es bearing investments. The risk associated with the contract, notes and mortgage receivables are mitigated by Church Extensions ongoing credit review procedures and collateral requirements. Church Extension places substantially all of its interest bearing investments with major financial institutions, U.S. government, or top rated corporate ucs.

Fair Value of Financial Tnstrument The carrying amounts of cash, contracts, notes and mortgage loan receivables, accounts payable, accrued expenses, line of credit arrangements, approximate fair value because of the short-term nature of these items.

The fair value of securities is folly explained in Note 2. The fair value of long-term debt (including the revenue bonds payable) equals their carrying amount since Church Extension typically finances the capital projects through reduced interest loans with government agencies. These government agencies routinely make the reduced interest loans. The fair value of the other bank and mortgap debt equals their carrying amount because this is the amount required toscttle the debt CHURCH 005616 ?urcbasc Accounting Church of God Retirement Comzmmities' original operations, in Ohio, were donated in 198 to Church Extension with a fair market value of $1,616,920 in excess of its net book value. Church Extension i amortizing this emess over 20 years at $80,846 a year. The unamortized amount at December 31, 1999 Wa $727,735. In 1997, Golden Years Nursing Home, Inc. and Creentree, LLC were donated to Church Extension wit fair market values of $2,461,134 and $1,109,703,, respectively, in excess of their book values. Church Extensicn I amorting both over 20 years with Golden Years at $123,057 a year and Greentrec at $55,485 a year. Th unamortized amounts at December 31, 1999 for Golden Years was. $1,801,727 and Greentree was $974,670. Ti 1998, three apartment complexes were donated to Church Extension with fair market values of $500,000 in excea of their book values. Church Extension is amortizing this excess over 20 years at $25,000 a year. The Lmamortize amount at December 31, 1999 was $468,750. In 1999, three additional apartment complexes were donated ti Church Extension with fair market values of $62 1507 in excess of their book value. Church Extension i amortizing this excess over 20 years at $31,075 a year. The unarnortid amount at December 31, 1999 Wa $613,738.

CacationPxesenEadori: The conolldaeJ financial statements ofthe irgjirtion are reported in the folicwiril classes: Um'esbictad Net 4.tre&r - Unrestricted funds consist of imdcsigited funds, board designated funds, and tlu net investment in property and equipment.

Temporarily Raided Net Asxi - Temporarily restricted fluids consist of purpose and time restricted donations such as charitable trusts, pooled income funds and HUD restricted affordable housing projects.

Permanently Resb*ted Net Aa,e&r - Permanently restricted funds consist of endowment and endowec revolving loan fluids.

Cash and Cash EMILWom Church Extension considers all highly liquid investments with a maturity of threr months or less when purchased to be cash equivalents.

Accoimts Receivable and Other 3setj Accoinits receivable . other assets are carried at net realizable value and include inventory, prepaid expenses, and pledges receivable. Pledges receivable are valued at esthna±es of their present value with additional discounts applied for the probability of collection, when deemed necessary by mana Securlties Deh and equity investments with readily determinable market values axe carried at market value. Investments with no readily determinable nim4t value are carried at cost or amortized cost.

Property Hold for Sale and Investment Properties Investment properties and property held for We are carried a the esthnared fair market value as determined by management The primary source of fair value is appraised value at time of acquisition less expected selling cbsts. Mrtgeae Loans and Contracta Receivable: Mortgage loans receivable consist principally of mortgage loans to congregations and .ffikd entitles of the Church of God geia1ly located throughout the United States. Contracts receivable arise primarily from the sale of acquired or donated real jitute. Interest income on interest bearing loans is computed monthly based on dw principal amount of the kxm outstanding.

The allowance for doubtful loans is maintained at a level considered adequate by management to provide for potcntiRl losses in the loan portfolio. Impaired loans are valued at the present value of the future estimated cash flaws or the underlying collateral of the loan. CHURCH 005617 In connection with the Guaranteed investment Contracts program more fully described in Note 11, ChuroF Extension assigns at book value, certain loans receivable to an rnsurancc company. As these loans generally adjus W current interest rate levels on a reguLar basis., no gain or loss is recognized on these sales. Church Exterisior retains the obligation to serve the loans assigned, for which it receives a fee. The loans assigned to the insurance company are with recourse, in the event of a default on the loan receivable.

Annuities and Trusts: Upon receipt of gift annuities, the actuarially computed value of future payments is recognized as a liability, and the difference between the liability and the face value of the annuity is recognized as a temporarily restricted contribution.

Upon receipt of charitable remainder trusts, the present value of the corpus is recorded as a restricted contribution and temporarily restricted net assets. The annual change in the present value is reflected as income.

Property. Equipment and Deciatior Church Extension has followed the practice of capitalizing certain expenditures for long-lived assets including construction period interest Items capitalized as property and equipment are recorded at cost or, if donated, at fair market value on the date of the giL Depreciation expense is computed using the straight-tine method over the useful lives of the assets. Estimated lives for buildingsand hnprovemcnts range from 20 to 50 years and equipment and fieniture range from 5 to 16 yew.

Impairment of Lorw-Lived Assets: Church Extension periodically evaluates the carrying value of long-lived assets and long-lived assets to be disposed of for potential impairment Church Extension considers projected future operating results, cash flows, tends and other circumstances in making such estimates and evaluations. During 1999, Church Extension recognized an asset impairment charge totaling $400,000.

Assets Limited As To Use: Included in as limited to use are deposits restricted by HOD regulatory agreements. The Projects are required to set aside amounts for replacement of property and other project expenditures approved by HUD and a residual receipts fund for any surplus cash.

As a result of the issuance of bonds, Church Extension is required to establish that certain funds be held by a trustee for the payment of principal and interest and cash reserves. The funds consist of short-term treasury finds and are stated at cost (which approxm'ts market). Support Revenue and Exnses; Contributions are recorded as income when cash is received or ownership of donated assets is transferred with the exception of unconditional promises to give, which are recorded as income and receivable when made. Donor restricted contributions are reported as temporarily restricted contributions and are classified as unrestricted after the finds have been expended for the purposes specified. Donor restricted contributions whose restrictions are met in the same reporting period are reported as unrestricted support Donated goods are recorded at ffir value at the date of the gift. Contributed services that uuprove or enhance property and equipment or for thor that require specialized qkillt are also recognized as contributions. During 1999, 1998 and 1997, no material contributed services were received or recorded.

Church of God R*thctnent Communities, Inc. net resident service is reported at the estimated net realized amounts from residents, third-party paycra, and others for service rendered. Revenue un&w third-party payor agreementS S subject to audit and retroactive adjustment. Provisions for estimated third-party payer settlements are provided in the period the related services are rendered. Differences between the estimated amounts accrued and interim and final settlements arc reported in operations in the year of settlement Revenue is recorded when earned. Expenses am recorded When incurred, rather than when paid, in accordance with the accrual basis of accounting. Church Extension reports gifts of property and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. CHURCH 005618

CHURCH EXTENSION OF THE CHURCH OF GOD, INC. (formerly Church Extension and Home Missions of the Church of God, Inc.)

1812 Anderson University Boulevard P.O. Box 2069 Anderson, Indiana 46018-2069 (765) 644-2555

$32,000,000

- S 30,000,000 S2,000,000 5%to9% 0% to 325% Demand Notes Life [nvesunent Notes (Conditional Gifts) investment Notes, 180 to five-year

(Collectively 'Notes")

Certain Investoent Notes axe also available as The Notes have not betis approved by the SEC investments for Individual Retirement Accounts. or any state securities comnsiaalon, nor have than organizations determined that this We are identified through our con religious faith Offering Circular Is accurate or complete. It I. with the (iw'ch of God, Andemon, Indi-ne We are Illegal for anyone to tafl you otherwise. concurrently offering the Notei to eligible Investors in a number of sts where qualified and the District of Columbia. There are no underwriters or outside selling agents involved and no commissions or underwriting expense In order for you to purchase any Notes, you must be will be paid. We will receive 100% of the proceeds of prior to your receipt of an Offering Circular a the sale of the Notes, out of which we must pay all member of, a couifllbutor to (Including an Investor) related expenses of the offering which we estimate will or participant In the Church of God or Church be approximately $150,000 per year. Extension or in any program, activity, or orgaIition which constitutes apart of the Church You should rely only on the infornndon provided in of God or Church littiuioo or In other Protestant this Offering Circular. We havent authorized anyone church org'"tIoos which have a programmatic else to provide you with any odw or diffeot relationship with the Church of God or Church informedon. Extension.

Your purehais of Notes is subject to coulderibl• risks. Plem read this "Risk Factors' beginning an For this year ended December 31,2000, Church pegs 6. Extensloo bad on a consolidated basis a significant net toes (decrease in net assets) that Plean read the information applicable to specific states resulted In not defld*cy In assets at year end. on the oext pep. This information will apply to you if See the iIuanclaI Statements' beginning on you live in am of those stetes. page 32 and ass "Management's Discussion and Analysis' en pap 23 for . discussion of the There is a Table of Contents for y reforesce an the reasons and Church Extension's plan to again back cover of this Offering Circular achl*vs a positive results.

The date of this Offering Circular is November 1. 2001.

CHURCH 005619 Although we may be qualied to offer and sell out Notes in the followmg stetes, these sates require the foUowtng special disclosures which you should read if you live in one of these steses:

Louisiana and Oranon We are not offering and cannot sell our Demand Notes to residents of Louisiana and Oregon.

Mlchiaau. Residents: We are offering and selling our Notes in Michigan pursuant to a claim of exemption from registration under Section 402(aX8) of the Michigan Uniform Securities Act and Section 3(aX4) of the Securrnes Act of 1933. We have not filed a registration statement relating to our Notes with the Corporation and Securities Bureau, Michigan Department of Cowuserce or with. the SEC. Neither the Bureau nor the Commission has passed upon the value of these Notes, made any recommendation as to their purchase, approved or disapproved the offering, or passed upon the adequacy or accuracy of this Offering Circular. It is illegal for anyone to tell you otherwise.

The total of unsecured Notes to be sold in Michigan during this offering period is $2 million, consisting of

2.50% - 5,00% - demand 4.75%. 7.75%- 48 months 2.75%-5.50%- 180 day (churches only) 5.50%- 8.25%- 60 monk 4.00%-7.00%- I2mond 4.25%. 725% -24 mo" 4.50%. 7.25%. 3year (IRA) 4.50% - 7.50% -36 months 5.50%- 8.25% -5 ) (IRA)

Missouri Residents: The Notes have not been registered under the Mlui TJuifoem Scuritics Act because they are exempt from registration by Section 409.402(aX9) of the Act. In "g an invet decision, you mast rely on your own ewtthinn of our crV1thtion and dw cer of the offerft inelotheg to wits and risks involved. The Noes have not been rsconded by any federal or states securities coizimision or regulatory authority. Furthermore, these authorities have not ccnfmed the accuracy or determined the adequacy of this Offering Circular. It is illegal for anyone to tell you otherwise.

New York Residents: The Amey General for the State of New York has not passed =or endorsed the merits of this offering. Any representedon to the cocuy is unlawfuL

Sqeth Carolina R.sid..b: We are not offering and cannot sell our Demand Noses to residents of South Carolina. If we do not pay p slorinterestonyovrNote fora period of 90 days frour the date of lawful demand by you, other than by clerical estur or iinistradve oversight, it will be an event of defiult, unless you waive the default or we lawfully contest the payment A default on your note will coezdtste a default on all of our Notes of the same otis, issued to other South Carolina Invessoes Under this Offering Circular. Upon default South Carolina investors shall have the right to obtain the names and addresses of all South Carolina Investors of Notes in default and by a vote of 25% of these Investca to declare ill dofiulted Notes in South Carolina doe and payable in fall.

Tentess.. Residents: miii Notes are subject to restrictions on naniferabllity and resale and may not be transferred or resold except as pensitied tesder to Securities Act of 1933, as amended, and the applicable state securities lawa pursuant to registration or applicable exemption. You should be aware that you may be required to bear flnaial risk of fayIn.it for an indefinite period of.

gg g: As a proecthe purchaaer, you are entitled to review our financial s tatements which are included in this Oing Ciseular. Receipt of * Notice of Exemption by Washington Administrator of Securities does not mean that the Aniatri has approved at reconune'4od the NOW or that the Aistiitor has deteicd that this Offering Circular is accurate or complete. It is iflepi for anyone to tell YOU otherwise. The retorn of your funds to you at tM time o(me*urity of your Notes is dependent upon our financial condition.

CHURCH 005620 SUMMARY OF THE OFFERING

We provide this summary for your convenience. Since it is only a summary, you must read it together with the more complete statements and information included in this Offering Circular, including the audited financial statements. See 'Definitions" on page 31 of this Offering Circular.

1. Church Extenaloo Church Extension of the adrniitive officers are respoosthie for our day-to-day Church of God, Inc. is an Indiana nonprofit corporation, operations: with its principal offices located in Anderson, Indiana. We are affiliated with the Church of God as one of its Dr. I. Perry Grubbs, President autonomous adrniin.wabve units through a con Dr. Cecil Watson, Executive Vice President religious purpose and faith. See INTRODUCrION" Charles L Shumate, Vice President/Secretary and "HISTORY AND OPE RATIONS." Michael D. Grunt, Treuurer/Coief Financial Officer 2. Description of the Notes. We are oftenng Sandra Richie, Assistant Treasurer unsecured debt securities in the form of Demand Notes, See MANAGEMENT." one to five year Investment Notes and Life Invest Notes. Also, 18Q-Day Investment Now are available 6. FinancIng Church gztenaloa'i Activities. Our for purchase generafly only by Church Oganizatioea. primary sources of funds have been principal and The present terms, interest rates and interest paymta received on our loans to Church investment available at any particular time are shown in Organizations, interest and dividends or other income the Application to Purchase. We compound interest earned on our Liquid Reserve Funds and other nw' 11y and retain and credit it to your account unless investa and properties and cash receipts from the you elect to receive interest paynta- All Investment sale of our Notes and Guaranteed Investment Contracts. Notes and Life Investment Notes are renewed See "FINANCING CHURCH EXTENSION'S automarfrally for additional terms equal to the original ACTWITI:ES." terms (or for the closest terms being offered it the time), unless, prior to the expiration of the original or 7. Church Zrtandoua'i Landing Activities. We use a any renewal term, you and us the Note along with a portion of the proceeds from the sale of our Notes to written request for payment. We will scud you notice of make loans to Church Organizations, generally secured maturity at least 30 days prior to maturity of each Note. by &st ingsges. These loans are predominantly for You generally cannot redeem your Investment Notes the construction, repair, renovation of churches, prior to maturity. When we allow early redemption, parsonages and related facilities and the refinancing of there is normally an early redemption penalty. See such obligations at interest rates normally comparable to "DESCRIPTION OF THE NOTES." prevailing conanercial loan rates. Presently, we make these loans generally for three year terms, with payments 3. Risk Fictori. The purchase of the Notes is subject baacdonl5 to2syearamortization. Part ofthe to certain described risks. See 'RISX FACrORS" proceeds are also used to support other church extension which you are urged to read carthlly. ministhes. See "CHURCH EXTENSION'S LENDING ACTW1TIES.N 4. Use of Proceeds. W. add the procoedi of the sale of our Notes to our general funds sad itee them to make S. Other Church Extension Acthttfes. We also have loans to Church Organizatloes to finance capital certain invest properties, obtained to a seat extent improvement projects and to umport tast other cch through gifb, and other church extension ministries, extension nurniee. We invest a portion of the eldw care and affordable housing ministries. We proceeds in Liquid Reserve P=6 in furtherance of our mmi"-in these holdings and activities either directly or policy to =tain a reasonable deee of liquidity. No through wholly owned or controlled subsidiary underwriting discounts or couloes will be paid in companies. Many of these holdings and activities connection with IM sale of the Notes. See "USE OF generate various forms of income that are added to our PROCEEDS." gcil fnxIs. See "FINANCING CHURCH EXTENSION'S ACTIVITIES" and SUBSID(ARY S. Management The affirm of Church Extension are CORPORATIONS AND OTHER OPERATIONS". managed by our I i-member Board of Directors, that meets regularly 4 times a year. The following

CHURCH 005621 9. Purchase of Notes. To purchase one or mom of a check in full payment of the aunt being invested. our Notes, you should complete and sign the For information cncrmng present terms and interest Application to Purchase and renirn it to us, along with rates, you may call us at (765) 644-2555.

10. Summary of Financial Information. The following summarize selected financial infornsngn for 2000:

Cash and Liquid Reserve Fundi S 8,603,710 Revenue frouiopeations** $47,194,828 Outstanding loans, net" $ 27,885,958 Expenses $49,773,930 Total assets $156,032,260 Change in total net assets (S 2,379,102) Outstanding Notes $ 76,616,791 Net deficiency in assets (S 318,349)

Consists of cash and cash equivalents and secuntiei shown in the Consolidated Statement of Financial Positing, less certain securities that are not readily marketable. includes lotni to churches and loins to affiliated entities. Does not mcludc (11C-wig'ed loans. See "FINANCING CHURCH EXTENSION'S ACTVTlES - Guaranteed Inveseneni Contacts". Includes net pins on investeionts, pft=om and a deduction foram LWerpit on Notes and Investment Balincet

The above financial information is on a consolidated basis with all subsidiaries. See 4SU?Qi4ARY OF OPERATIONS AND OTHER FINANCIAL XNPORMATIONW and "FINANCIAL STATEMENTS." ii. Loss in 2000. For the year ended December 31, 2000, Church Extension had an consolidated basis a significant net Lou (decrease in net assets) that resulted in met deficiency in assets at year end See the "Financial Ststements" beginning on pegs 32 and see wMANAGEMENTS DISCUSSION AND ANALYSIS" on page 23 for a discussion of the reasons, and Chutch Ension's plan to again achieve a positive results.

INTRODUCTION

General

Church Extension of the Ck=h of God, Inc. ("Church Extension"), formerly Church Extension and Home Missions of the Church of God,, Inc., is an autonomous Indians nonprofit corporation and is one of the administrative unite (cc "general agencies") of the movement known as the Church of God (Anderson, Indiana). See "Re$DUCtU'S" below. This local con egations, regional and administrative unite, coiloges, a university and other related organizations of the tarcb of God are sometimes hereinafter collectively referred to as "Church organizations.* According to the 2000 'eazbonkof the Church of God. the Church of God has 2,239 affiliated local congregations in the United Status with a combined constituency of 231,04* persons. We were lucciporated on July 9, 1921 and reorganized in 1972 under the 1971 hWim Not-fat-Profit Act.. We changed our name to its present form in 1999 u pert of the resWxtum S.. MmM=We below. Our executive emcee are located at 1812 Anderson University Boulevard, Anderson, Tn&'na 4012; our telephone number is (765) 6444555.

Church of Gad Isorganizatiss

For the last several years, the Cknh of God has reviewed the need to reorganize its national structure. In Juno 1997, the General Assembly of the Church of God approved a plan of reorganization. We were asked to ninsfer portions of our operation to other entities. The home missions, church growth, and church planting fonctious were transferred to other Church of God agencies in early 1999. Also, our youth ministries program became an independent operating corny in 2001.

CHURCH 005622 See 'MANAGEMENTS DISCUSSION AND ANALYSIS" concerning proposed further resmicrure of Church Extension.

Purpose of Church Extension

One of the mostsignificant programs of the Church of God has been evangelism, the creation and support of new mission churches and the ongoing support of more established congregations, as well as the promotion of other ministries for our constituents. This effort, which over the years has traditionally been designated as church extension work, has required & continual commitment of financial resources. Since our inception in 192 1, we have been the principal organization responsible for church extension functions of the Church of GocL In furtherance of this purpose, we instituted a program of selling Notes, the proceeds from which are used in part for &st mortgage loans to local congregations and other Church Organizations to finance their capital improvement projects, including church buildings and related sUZctiares. In addition, our other church extension ministries include holding church properties,, acting as trustee of designated mist and estate funds, providing senior and affordable housing and managing and developing real estate ( a substantial portion of which we obtain by gift).

Nationwide Offerings

We offer our Notes in a number of states and the District of Columbia. 'no Notes are unsecured obligations having the same priority to our assets as all outstanding Noes.

We offer our Notes on a conduiing basis in each sure pursuant to exemption, regiitiition or other qualification or applicable regulatory procedure. The amount of Notes we offer in each state depends upon a nunibet of factors, including our prior sales experience in a state, filing and rezwauon fees, and the necessity for periodic approval of the offerings or mounta in that state. The amount we offer nationwide prirtissily relates to our need for funds and the mce of reasonable liquidity. The amount of minimum invescn1a, maturity dates, interest rates, and or tens for the Notes currently being offered am specified in the Application to Purchase, which accompanies this Offering Circular. Certain Notes, however, may not be available for purchase from tne to time. The terms of the Notes we offer generally are comparable in all stases where we offer Notes.

CHURCH 005623 RISK FACTORS

Your purchase of Notes is subject to the following considerable risks that you mast caxefWly consider.

I. Lou and Negative Net Assets in 2000. For the year ended December 31, 2000, Church Extension had oti a consolidated boils a significant net loss (decrease in net assets) that resulted In i net deficiency in wets at year end. See the 'Financial Statements" beginning on page 32 and see "MANAGEMENT'S DISCUSSION AND ANALYSIS" on page 24 for a discussion of the reasons and Church Extension's plan to again achieve positive results. To the extent this plan is not successful, the continuing operations of Church Extension could be LmpaLred.

2. Dependency on Gift Income and Sale of Notei. For the last several years, although certain of our subsidiary opersuone have been profitable, we have not had on a consolidated basis income in excess of expenses from our operations. Prior to 2000, we have been dependent on significant gifts and connibutiona to achieve total revenues to excess of total expenses and thereby increase our net useta These gills and cousIbudoua, however, were Insufficient to do so in 2000. In addition, we have been dependent upon this gift beonie as well as the proceeds from the sale of our Notes, in many instances, to achieve positive cash flow. We cannot assure you that we will continue to receive these gifts and contributions to the same extent or in sufficient amounts in future years or that we will be able to continue to sell our Notes to the extent necessary, if at all.

3. Other Ministry Operations. In addition to our lending function, we conduct some of our other operations through ministry-related subsidiary corporations. These corporations have their own sources of earned and donated income and budget their expenses. Historically, however, the revenues needed to operate these other activities has not been sufficient and it has been necessary to use monies from ow general fbeds, which includes the proceeds from the gile of our Notcs1 to support a portion of these other ministries.

4. Certain Assets Not raadUy Msrkatabl.. Certain of otw assets devoted to ow vuseus ministries are not readily marketable. To the extent it becomes necessary to liquidate these usets under expedited circumstances, the sale of these aSsets may result in net proceeds less than the value of these useu as shown In our financial statemen

5. Now are Unsecured Obligations. The Notes are unsecured obligations. You mast depend solely upon our general financial condition for principal repayments and interest payments on ft Now. As a miner of policy, however, we maintain cash and cash equivalents and investment securities ("Liquid Reserve Funds") in an amount not less than 8% of the principal amount of our outstanding Notes. We cannot assure you that this policy will continue in the future to that extent, particularly in the event eta decline in the market value of our Liquid Reserve Funds or an inctcase in the redemption of mring Notes. Although we have issued some form of debt securities since 1921 and have never defaulted an payments of interest or repayment of principal on any of our debt securities, there can be no assum=e that this willcontinu. to be the case.

6. No Sinking Fund or Trust indenture. We have not established any sinking fund or trust Indenture to provide for repayment of the Notes. Mw lack of a =king fand or nun indenture may adversely affect our ability to repay the pruzicipal and interest on thi Notes when dew.

7. Substantial Pardon of Nets. are Rslavut.d or Extended Upon Maturity. A substantial portion of our ouw"ding Now have a !rtty of one year or teas. However, approximately 70% of our Investment Notes and Life [nvest Now historically hive been reinvested upon their maturity. To the are that demands for repayment upon materity of our Notes may increase, and to the extent that the availability of fanda from sources other than operag income is reduced, there may be an adverse effect on our financial condition. [(prevailing market Interest rates d* demands for repayment at maturity may exceed historical averages.

S. Not.. Not Transferable and N. Market rxl,*s. The Notes are not transferable without on: conlenL In addition, the securities laws of certain states may impose conditions on transfer of the Notes. There is no market for the Notes and it is highly unlikely that a market will develop. You should, therefore, view your purchase of a Note as an investment for its fail term.

CHURCH 005624 9. Term Notes Automatically Renewed. We automatically renew any term Notes at manirity for an additional like term unless within ten days after the end of the term, you send the Note along with a written request for payment to our office. We will send you a notice of maturity, however, 30 days prior to the maturity dare.

10. Potential Exposure. We regularly review our procedures to insure that our prior and current activities relating to the sale of our Notes and our procedures for making loans and the *;her business we tiinsact are in compliance with applicable state laws. These previous activities may, however, have exposed us to potential liabilities. ii. Changes in State Laws - Sales of Notes Could be Curtailed. Changes in state laws, roles or regulations regarding the sate of debt securities of religious, charitable or other nonprofit organizations may make it more difficult and costly for us to offer and sell our Notes in some states in the future. If this occurs, it could result in a decrease in the amount of Notes sold by u. A substantial decrease in these sales could affect our cash flow from time to time and our ability to meet our obligations when due. If we do not continue to qualify our Notes in any particular state, you along with other Investors in that state may not be able to reinvest at maturity. We presently do not contemplate curtailing or eliminating the sale of our Notes.

12. Other Institutions May Offer Notes with Higher Rates and Greater Security. Other commercial institutions may offer noon or ocher investment opporomities with a higher rate of return or which provide pester security and Lou risk than the Notes. Our Notes are not insured by the Federal Depository Insurance Corporation. 13, No Obligation to Redeem Prior to Maturity. We are not legally obligated to redeem your Notes before their maturity. If early redemption is allowed, normally there is an early redemption penalty.

14. Interest Taxable, You will be taxed on any interest paid or payable on the Notes as ordinary income, regardless of whether you receive the interest or it is compounded. Furthermore, we are required to comply with any applicable reporting and/or withholding requirements. iS. Loans to Church Organizations - Lending Criteria More Lenient We make loans primarily to local congregations and other Church Organimtions. Current loans customarily provide for a large balloon payment on maturity. We do not normally require mortgage insurance, which may commercial lenders require. in most instances, the ability of the congregations and other imita to repay loans will depend primarily upon contributions they receive from their constiWents Both the number of cousthuents of the local church and the amount of contributions may fluctuate. Further, in view of our relationship with our borrowers, we have been willing in the past to refinance balloon payments on maturity and, in certain instances, accommodate Late payments. Also, the lending crimu we use in determining whether a Loan should be made to a church borrower may be more lenient than the criteria used by corrcial tenders. Although we currently have certain loan delinquencies, we have not sustained any material losses on loans made since our inception in 1921.

16. Rely Solely on Our Pinandal Condition for Repayments. Church Extension is an autonomous Indiana nonprofit corporation related to dw Church of God and only Church Extension is responsible for the repayment of its Notes. No other Church of God agency, institution, organization or congregation has guaranteed or is any way responsible for the repay== of out- Notes.

USt OF PROCEEDS

We add the funds received from the sale of the Notes to our general funds. We use om general funds to make loans to Church Otg r ica*na to fuince tite acquisition and capital improvement projects, including the construction of new church &dHdo mud the remodeling andor purchase of existing church facilities in the United States and Canada and to =pport other of our minisnies. We have not committed all or any portion of the proceeds to be derived from this offering for any spcci& projects. However, in the normal course of our operations, we are conripuilly making loan coninsitrnsti based upon the availability of fonds. We may use the proceeds of this offering to fluid some portion of loins in process and loan commitments. These loan comments, however, have not been made in contemplation of this offering, and they will be funded regardless of the results of this offering.

CHURCH 005625 It is necessary, from time LO time, to use a portion of our geneTul funds to support our other church extension mi.mes, i.e. elder care and affordable Living ministites, and our investment properoes.

We anticipate that a portion of the proceeds of this offering will be invested in certain investment securities or other reserve accounts pending their utilization for loans or in furtherance of our policy of maintaining a reasonable degree of liquidity. See ItNANCThIO CHURCH EXTENSION'S ACTIVITIES.'

No underwriters are participating in this offering and we will pay no underwriting discounts or commis ions in connection with the sale or distilbution of the Notes. The Notes will be sold solely through certain of our officers. We will retain 1000/4 of the proceeds., but we will pay all expenses of this offenag, including printing, mailing, actorney's fees, accounting fees. and securities registration fees which are estimated to be $150,000 per year.

DESCRIPTION OF TEE NOTES

Terms

We are currently offering the Notes shown on the Application to Purchase. We offer the Notes for cash and we offer no financing terms. The Notes are issued at 100% office value. The Notes are unsecured obligations and will mature as follows: Descrigpon Minth Demand Notes Demand 180-day Notes 180 days (generally available to Church organization only) Investment Notes ttoS years Life Investment Notes (Conditional Gifts) S years The Notes generally will accrue interest daily from the day of receipt. We coniwa interest and send it to you on the last day of the anniversary month of each year, unless you elect to have your interest paid semi-annually, quarterly or monthly. Interest may also be compounded annually, except on notes with maturities of less than eighteen mcnths

Notes may be purchased in certain minimum amounts as. reflected in the Application to Purchase, which accompanies this Offering Circular. The interest rates on Notes may vary from thne to am based upon the amount of investment, the term of the instument and the prevailing coercial rates available as of the date of sale. The exact rates and terms being offered at any particular time are reflected in the Application to Purchase.

You may conditionally donate your Note to us by specifying in writing that we are to be added to the Note as a co- owner with the right of survivorship. Should you die before the original or extended maturity date, or in the case of a Demand Note before redemption, the Note will become our property ouch in the same way that we become an owner of a Life Investment Note as described below,

Demand Notes

Demand Notes may be redeemed by you at any time upon written notice o(deniand. These Notes are designed for individeala, and local churches and Church Organizations when there is a desie to have the ability to withdraw the funds when niiedet The 'n'm initial amount accepted is $100. Subsequent thvute of $100 or more can be added to the origil invoatit as open as desired.

Investment Notes

We offer icveral different !DVUtoXnt Notes, primaWy based on the Note's matmity.

Investment Notes are by far the most coon Notes we issue. The interest rate at the time of purchase is fixed until maturity, which can be a length of time from Ii to 60 months (1 to S years). The interest rates vary depending on

CHURCH 005626 the length of the term of the Note. The term of an Investment Note commences on the day following the date of issuance, and expires on the applicable anniversary date.

The term of an Invezwcent Now is automatically extended at maturity at our election at the then current rate of retest for the u= Wce term_, unless you send the Investment Note along with written demand for redemption Co Its prior to the original or any extended maturity date. If we elect not to extend the term, we will notify you in writing at least thirty (30) days prior to the original or extended maturity date. On Investment Notes, we will notify you by mail of the ption, re-investment or automatic extension options at least 30 days prior to the maturity date. At that time, we will furnish you with a current Offering Circular, if you have not previously received one.

180-Day Notes are primarily available to Church Organizations only. They are available to individuals only in states where Demand Notes are not available. The terms of these Notes are primarily the same as other Notes except that the only option on interest payments is to have interest compounded semi-*rniilly on June 30 and December 31. Also, each note is automatically renewed after each 180-diy period unless the holder notifies us of their intention to redeem.

Although you generally may not redeem your Investment Notes before the maturity date, it has been our practice to honor requests for early redemption upon a representation of a personal or financial emergency need. Wecarmor auee you that we will continue this policy in the fatore and we in not legally obligated to do so. When we allow early redemption, we assess an interest penalty. Currently, the policy is to reduce the interest rate of the Note from its stated rate to 3.75%. In no case, however, will the penalty reduce dw ineit earned on an Investment Note to a rate that is less than the then current rate for Demand Notes. When one or mere owners of a Note is deceased, we will usually honor a redemption request from the estate of the deceased or the rPnl'mtng owner without penalty.

Life Investment Nota. (Coiditfonal Gifts)

Life Investment Notes (also called "Conditional Gifts" in some states) are 5 year Notes issued to one purchaser only (no joint ownership is permitted). In purchasing a Life Investment Note, your intent normally would be to make a gift of the Note to us at the time of your death. The interest rates on Life Investment Notes will depend upon your life expectancy at the time of purchase. The interest rate remains the same for your life. Most Life Investment Notes currently issued pay interest from 6.50% to

You remain the owner of the Life Investment Now during your lifetime. The Life Investment Note automatically extends for a like term it maturity unless you elect to redeem like regular Investment Notes. Upon your death, the rvairnng principal balance, if not previously revoked, will be uinsferred outhght to us for our general purposes.

InstitutIonal Notes

A separate Note program may from time to time be offered to congregations and regional units of the Church of God which differs in terms from that offered to individuals in order to meet the disdct needs of such organizations. In some States, these notes are eençt from registration, although Church Ex'i"u cuuedy includes these notes in the toes! outstanding Now as deslbod in this Circular. The tam of the Now offcred to congregations and affiliated units (sometimes called "Institutional Notes") will be within the ranges indicated on the cover page hereof, and will be reflected u changed from time to time in the Application to Purchase provided to a congregation. Insunttionsl Now are not offered to individual Investors.

A -

We are not a qualified custodian for MA or other retirement plans and cannot offer them directly to our Investors. We can, however, be a depository of IRA funds from a qualified custodial injtiteticn. If you wish to invest IRA We will supply a copy of the latest Offering Circular to any qualified custodian upon request. We also currently have a

CHURCH 005627 relanonship with First Federal Savings Bank, located in Hunungron, Indiana. 10 aCt as a local custodial agent with respect to offering IRA plans. We currently offer our 3-year and S-year Invenrnern Notes for self-directed .AS.

4laceflancous Information

We may from dm to d= offer additional Notes in your State and other states without notifying or obtaining your consent We have never issued secured or subordinated obligations senior to the Notes and do not now contemplate doing so. We do, however, maintain a secured line of credit with one bank in Anderson, Indiana We cannot assure you, however, that we will not at some funire date issue obligations that will have a higher priority claim to our assets than the Notes.

The Notes are wnubordinated debts and we have no secured Notes outst anding Therefore, the Notes will be of equal rank with all our other Now and anticipated funire debt obligations. As a result, in the event of liquidation or disuibution of assets upon banuptcy, reorganization or similar proceedings, all of our uzubordinare4 debt obligations issued to Investors, including the Notes, will have an equivalent claim to our assets. We have assigned certain mortgages as collateral for our GIC program. Aim, there are certain real estate investment holdings, owned either directly by us or indirecdy &ough one of our subsidiary coirçanies, which are the subject of certain mortgage loans. 'dthough we ct ue you that we will not issue Notes or odw securities having a higher priority to our unresnicted assets in the foane, it is not presently anticipated. In respect to any Note, our &&ft to pay principal and interest when doe and requested will be in event of default, but only as to that Note. Your purchase of Now does not entide you to an equity interest in Church Extension or the right to vote on corporate mattem We will meil in annual report to you within 120 days after the close of each fiscal year. At the present time, our fiscal year ends onDccenzber3l.

Agency Inseatnasat Program in addition to the offer and sal, of Notes to Investors, we have adopted an Agency InvesUnent Program pursuant to which silted mamber of iMlia$es of the Church of God, particularly several other national and regional organizations of the Church of God, may invest funds with us on a short-tam interest-bearing basis. The outatanding principal balances doe and owing to these if1iatas are referred to herein as Invement Balances.' We add the proceeds we receive from the Agency Investment Program to our general funds and use them primarily in the same mmm as proceeds from the sale of our Notes. See 'Use of Proceeds.' The Investment Balances, like the Notes, ire unsecured obligations. The Agency Investment Program is not being offered on a nationwide basis and is not available to indivithiala or local congregations.

Method of Sale

Our primely means of soliciting for the iiia of the Notes is through direct meffiftV of advertising materials to constituents of the Church of God. We also publish our own newsletter, FOCUS, several times each year, in which an adyerttseuwrt may appear regarding availability of Notes. If prospective Investors do not afready have a current Offering Circular, dasy may obtein one by "g * request, usually in the fom of. coupon in the advertisement materials, to our office in Anderson, Tng4ns, We may also make direct w'ilIny of our Offering Circular and advertising in&*iils to cmnrent, past and prospective Investors.

To purchase a Note, you meat complete the Application to Purchase which accompanies this Offering Circular and send it with your chick to us at our occ in Anderson Indians. If we accept your offer to purchase, we will notify you and mod you an uccuted Now

If you wish to arrange for investments to be handTd so as to qualify for tax deferral under provisions of the tax law dealing with Individual Retirement Account, you may do so through your own custodian of your self-directed rRA

to CEURSI2S or through arrangenients we have MO& with First Federal Savrngs Batik, located in Huntington, Indiana. Under those a ngemea, First Federal Savings Bank acts as the custodian of a se directed tR.A and, as directed by you. invests the designated funds with Church Extension. YOU can obtain more information on this feature by contacting us at our office in Anderson, Indiana.

In order for you to purchase any Notes, you must be prior to your receipt of an Offering Circular a member of a contributor to (inchidthg an investor) or participant in the Church of God or Church Extension or in any prograni, activity, or organization which constitutes a part of the Church of God or Church Extension or in other Protestant church organizations which have a programmatic relationship with the Church of God or Church Extension.

You may tiansfer your Notes only with our consent as follows: (1) transfers to persona who would be eligible to purchase our Notes originally (2) Muisfers by gift, order of process of any court, as security for a loin, or on death; (3) transfers to us, your ancestors or descendants or spouse, or other Investors of the same class of Note; or (4) augen by a corporate Investor to a wholly-owned subsidiary, parent or iffiHted organization.

HISTORY AND BUSINESS

The Church of God The Church of God had its bcginnmgs in 1881 under the leadership of the Reverend Daniel S. Warner and several others in Kosciusko County, I-dium During the early years of the movement, the Reverend Warner was the editor of a publication called TheGosgel Tniet and many people j4n$ified themselves with the Church of God through this periodicaL There was little formal organization until the early part of the Twentieth Century. The Church of God today is still a volitional association of its members. Affiliated local congregations retain autonomy and most an organized as not-for-profit cospontiona. The Church of God also has several regional org'nons operating in the United Stales and C".di, many of which encompass a single State or Provinac Each of the regional unite is sepsate distinct, not-for-profit corporation. Generally, the purpose of the regional unite is to develop new congregations, operate regional campgrounds and retreat centers, help local churches in selecting suitable pastors, ceztiI the Licensing of ministers and aid pastors and congregations.

Al the national level, the General Assembly of the Church of God (*Assembly') is the main governing body of the Church of God and functions as a temporary presbytery. It is a voluntary assembly of all recognized ministers and lay members of all boards, co=ittees or conmuscions. The Assembly monte annually during June in Anderson, Indiana. Since the Assmkly itself I an umncorporated body, it has chartered several auxiliary org an i,flons (primarily colleges and affiliated ageneses), all of which function as non-profit corporations, and are generally accountable to the Assembly.

In 1997, a reorganization of the natirtel west of the Church of God was effected and Church of God Ministries. Inc. (also known as the Ministries Council) was established to act on behalf of the Assembly throughout the year. In 1998 and 1999, the Mizisties Council absorbed the operations of most other former auxiliary organizations of the Church of God, incitidilig the Home Miasioni and Church Growth Ministries departments of Church Extension. At the Annual Meeting of the Assembly, mbai of the Ministries Council are elected; as well as members of each of the general agencies and boarde and members otconunittees and commissions. The executive officers of the Mimsthes Council and selected atha orgsntions are ratified for a stated term upon submission to the Assembly. By rule of the Assvs*ly, no person may save on the governing board of more than one affiliated agency at one time. In addition, no employee of an agency may save on the governing board of any other agency. In addition to Church Pisioe, there are six other auxiliary organizations of the Church of God; almdr Board of Pensions, Inc., Anderson University, Mid..Aica Bible College, Warner Pacific College, Warner Southern College and Ministries CounciL Warner Press, Inc., formerly an autonomous affiliated agency, now operates as a subsidiary of the Ministries Council. Each of the affiliated agencies is an autonomous, non-profit corporate entity, having its own governing board, executive and administrative staff to conduct its functions.

11 CHURCH 005629 Church Extension

The Board of Church Extension and Hone Missions (as it was originally named) was created by resolution of the Assembly in June, 1921, and incorporated on July 9, 1921, to fulfill the mission of the Church of God to the homeland., to assist congregations with counsel and funding for the purchase, erection or remodeling of church property and ftcilitie. and to conduct the evangelism program of the church of God. In January of 1999, t he homeland ministries, evangelism and church planting/church growth functions of Church Extension were transferred to the Ministries Council. Also our youth ministries program became an independent op erating enury ii 2001. Also, it is anticipated that a further restructure of our operations will be implemented by early 2002. See MANAGEMENTS DISCUSSION AND ANALYSIS".

As an integrated auxiliary of the Church of God, Church Extension is a tax-exempt organization operating under Section 501(cX3) of the Internal Revenue Code of 1986. We are org"!d and operated exclusively for religious. educational, benevolent and charitable purposes. Since we are a not-for-profit corporation, we have no shareholden

The management of our affairs is conducted by a 11 -member Board of Directors, estifledby the Assembly. The management and decisions of our Board of Directors are independent and autonomous. We make an annual report to the Assembly regarding our work and mission. The Assembly also ratifies the election of the President of Church Extension for each five-year term. Sec "MANAGEMENT -

You must rely solely upon our financial condition for repayment of principal and payment of interest on the Notes. We believe that we have taken steps to insure that ow debts and liabilities as independ'nt of the financial structure of the Church of God or other Church Organizations and they will have no legal obligation with respect to the repayment of principal and payment of interest on out Notes. Libwiac, the Notes we offer should not be confused with any debt obliganons or other instruments that may, from dw to tima, be offered and issued by other Church Organizations. Any obligations issued by these organizations are separate from our obligations, and we have no liability for thà repayment. See IUSTORY AND BUSThJESS - The Church of God' for a discussion of our relationship with other church organizations.

Church Extension Servtcni

According to mandates of our charter from the Assembly, our assignment la to promote education and the knowledge and acceptance of the Gospel of Jesus Christ among the population of the United States and Canada and elsewhere; and to advance the Kingdom of God by loaning money for focilitles, by acting as Trustee of designated mist and estate funds when required, by organizing fund raising campaigns for congregations and other units of the Church of God, by providing advice, counsel, financial assistance and other services to congregations, as well as other units, o giona and corporations, by providing senior housin& by providing youth ministry, and by managing and developing tea! estate. Since 1921, we have made 3,295 inrerestbearing loans. We provide to the Church of God and in Church Organizations as apt of our mission the following principal serves: Make lam thy the purchase of sites fix church buildi*gi and personages, the erection and remodeling of church b.iilting, and personages (including related equipment and firruisbings), the coostiuction of bnil1iip for regional organizations of the Church, campus facilities for Church- related colleges and for du development of camp and confetenca owids;

Providm staff on ultauts for field conferences with leaders of local congregations and church- sponsored o'tions on tbg subjects of program needs, organization, financial capabilities, borrowing capacity and fund-raising;

Provide consultation on a fee basis to aid congregational committees in reviewing space needs and proposals for construction and financing of new buildings preparatory to the employment of an architect by the church;

12 CftJRCH 005630 Provide a service of usisueg the insurance needs of local congregations and regional organ izations. In some 3ftutiOns we, through participating insurance underwriters and agenti. - may recommend spentc coverages and plans to local congregations;

Provide detailed capital funds campaign procedures utilizing staff personnel and designed exclusively for local congregations conducting their own building fund or debt reduction drives or for use by regional units of the Church of God promoting certain capital projects. We base our fees for this service on a percentage of the goal being set

FINANCING CHURCH EXTENSION'S ACTIVITIES General

Our ability to pay principal and interest on our Notes depends upon our flnincial condition and the funds available to us. Our primary sources of fonda historically have included receipts from the sale of Notes, payment of interest and repayment of principal on our outstanding loans and other invesimenta, net income generated from our investment property and contributions from churches and individuals. Since our inception in [921, we have been able to meet principal and interest requirements on our oucrMlng Notes from our available funds. See'Maturity Information.' The following describes our sources of funds and financial condition.

Outstanding Notes

One of our primary means of obtaining the funds necessary to conduct our loan function has been through the receipt of proceeds from the sale of our Notes. Rates of interest an the Board's currently outstanding Notes range from 3.25% to 825% per amnlm

The following summarizes our outstanding Notes as of December 31, 2000:

Weighted Aggregate Number of Average Principal Accounts Interest Late Balance

Investment Notes (payable on demand) 268 6.08% $ 4,607,206 Investment Notes (payable up to S years) 6,706 6.89% 71,559,481 Investment Life Notes (Conditional Gift) ___ 8.03% 450.104 TOTALS 7,057 $76,616,791

Sales of Notes In 2000

During 2000, we received cub proceeds of $17,131,026 from new isles of our Notes and bad $2,430,600 of reinvested accrued interest In iMttinn, $18,980,543 of dw outriding principal and accrued interest on matured Notes was edba reinvested on new Mw or autciraticafly extended pimesant to bw original te. During 2000, we paid 313,305,929 on moaning Notes which were redeemed and not W=adiwly reinvested. Ow Board of Directors annually evahwa our financial condition and funding needs for the ensuing year and, if appropriate, can establish 1int.Wcas on our sale of Now for the year.

Guaranteed Invesnest Contrasts

Another source of our Ands is the sale of Guaranteed Investment Coniicta (wGIC1 ) in a few states. We have entered into a contractual arrangement with two insurance companies: United ham Family and United Home Life, subsidiaries of Farm Bureau of Tndiani to sell this insurance insuument

13 CHURCH 005631 The GICs and the program have been approved by the Indiana [nswxnce Connissioner. We are registered in Indiana as a Third Party Admini strator. in than states in which we sell GICs, this program is regulated by insurance regulators and we are in compliance with any applicable insurance laws when required. As Third Party Adn,iriivator, we sail the GICs on behalf of Farm Bureau to constituents of the Church of God. As proceeds are received, we invest them on behalf of Farm Bureau, primarily in church loans. We then assign some of those Loans or other assets to Farm Bureau as collateral for the GIC obligations in. accordance with Indiana insurance laws. We adrriinicter the mortgage, loins and payments received on chain. In addition, we must replace any of the mortgage loans that become delinquent. We also handle the redemption of GICs and the payment of interest on behalf of Farm Bureau. The interest earned from the invesaents and remaining, after paying the interest obligation on the GECs and the ldmini'ative fee charged by Farm Bureau, is income to us and is used for our general corporate purposes. As of the date of this Offering Circular, Farm Bureau has suspended the GEC program. We are making an effort to resume this program as soon as possible.

The following summarizes our outstanding GICs and related collateral. as of December 31 for the put 3 year

Guaranteed Investment Conacta $22,330,783 317,315,720 $14,889,503 Collateral assigned: Church Ioii usigned $22,550,002 316,682,850 S11,435,33 9 Mortgages and real estate assigned 5 807,556 3 3,551,648 Total Collateral assigned $22,550,002 $17,490,406 $14,986,987

The following siazines cairGiC activities for each of the last 3 yeas IM GICs Sold $5,553,088 $3,723,497 5 5,965,595 Net Income Earned from GIC Program S 206.794 S 332,806 S 391,651

At the present time, the GICassigned coilitersi is not available to the claims of unsecured general creditors, including Investors.

Historically, approximately 701A of the maturing GICs have been renewed or extended upon maturity, which is similar to ow experience with respect to our maturing Notes.

The GICI and thaw related collateral and liabilities are "off balance sheer, that is, they are not included as a part of our assets and liabilities in ow financial stateanenu.

Outstanding Loins to Church Organizadoes

We also generate sobstantial AmAe from the income received on our outstanding loans to Church Organizations (not GIC-assaped). It abould be noted do fbnft of some of these loam come from coutnUtions and sources other than the pro.coick from the sain of ow Notes.

The following srines ow loins to Church Organizations at December 31, 2000t

Number of Weighted Aggregate Accounts Aversac Return Princinal Balance

Secured loans to congregations 71 8.97% $16,382,226 Secured loans to affiliated entities _.z 9.44% 11,503-432 TOTALS 78 $27,885,958

14

CHURCH 005632 For the last 3 years ended December 31 • we received the following principal and interest on our loans to Church Orgamzauons:

Im Principal $4,842,952 S 15,668,745 53,310,546 Lnterest 52,770,984 S 2,471,854 $2,519,663

For a description of the terms of our loans, major loans and Loan delinquencies, see "CHURCH EXTENSION'S LENDING ACIIVLTES,"

For a further discussion of loans to affiliated entities, see Footnote 4 to Financial Statements

Maturity Information

The following summarizes the mannity dazes of our outstanding Notes, inchading Envestuient Balances, at December 31 for the last 3years:

Aaareaite Princins! Balance Im

Maturing in less than 1 year $23,330,864 $24,222,189 $24,775,282 Maturing: 1 to2years 23,058,597 16,146,619 14,892,692 2 to 3 years 22,491,980 16,247,918 11,283,983 3 to 4 years 5,262,900 8,493,605 9,898,480

4 years and after 2.472.450 5.250764 6, 860, 028 TOTALS 576,616,791 $70,361,095 $67,710,465

It has been our experience that only a portion of the principal balance of our maturing Notes is actually redeemed. Historically, about 70% of maturing Notes are automatically extended or reinvested upon maturity. For the years 2000, 1999, and 1998, the percentage of Notes automatically extended or reinvested at minanty was 72%, 68%, and 760/c, respectively.

The following summarizes the maturity dates of our outs?tding loans to Chath Orpnizancni, excluding GIC. assigned loans, as December31 for the last 3 years:

Loans Masuring Less than I year 5 6,420,636 $ 2,830,357 $ 7,476,461 1 to 2 you 6,342,919 9,584,854 11,832,622 2to3ys 9006,810 10,747,927 9,026,480 3 years and a 6.115.293 2.920.291 3416.939 TOTALS $27,885,638 $26,083,429 $31,752,502

Only a portion of the principal balance on manning loans each year is actually repaid. For the year ended December 31, 2000, we extended or refinanced over 95% of our maturing church loans.

15 CHURCH 005633 For a further discussion oi.s to affiliated entities and their terms, See Footnote 4 to Financial Statements, -

Maintained Masts

In addition to the funds we generate through our regular operations, we generate funds from certain assets held and maintained by us, either directly or through our subsidiaries, as a part of our mission-related projects or investment properties. We obtained those 5335 to a great extent from gifts. The following is a discussion of all of our maintained assets.

In accordance with our stated policy of maintaining reasonable liquidity, we directly maintain a portion of our assets in liquid funds to redeem maturing Notes, if necessary. These users (called'Liquid Reserve Fund?) primarily consul of cash and cash equivalents and certain investment securities, carried at market value.

At December 31, 2000. our Liquid Reserve Funds consisted of the following:

Aggregate Ptincinal Balance Cash or Cash Equivalents 55,010,461 Investment Securities: Government Nato 426,583 Corporate & Municipal 1,243,876 Mutual Funds 481,634 Ewity Stocks 1,372,217 Precious Metals 46,736 Accrued Interest 22.203 TOTALS $8,603,710

For the last 3yean ended December 31, we had the following interest or dividend or capital gain income from Liquid Reserve Funds:

Interest, dividend or capital gain $608,066 $401,917 $329,265

As a matter of policy, we maintain a liquidity position (Liquid Reserve Funds) of not teas than 8% of our outstanding Notes. At December 31, 2000, we had Liquid Reserve Funds in the amount of $8,603,710 which equals over 11% of our ouwndlng Notes.

Although it is our intention to continue this policy, we cannot assure you that this policy will continue at its existing level. To the com that demands for new loam increase, the principal amount of our Liquid Reserve Funds may decreus. They may also decrease, at out option, due to payinenu applied against notes payable to banks. In the put, when our liquidity has been reduced, we have suspended our practice of permitting the redemption of Notes prior to matarily.

16 CHURCH 005634 COG Investor Services, LL.C, will be registering as a broker/dealer and operate as a broker for Lnvesent products such as stocks, bonds, mutual funds, variable life insurance and anrnuties. It plans also to provide invesenent advisory services.

COG Insurances Agency, LLC, has an Indiana insurance license, with C. David Weisheimer U its principal agent. Its purpose is to market life insurance, disability income insurance, long term care insurance, annuities and health insurance, primarily to members or affiliates of the Church of God.

These ministry-related church extension proams budget their expenses and generate their own income from contributions and fees charged for services rendered. In our opinion the maintenance of these proms 'will not materiaUy affect our operations in pursuit of our exempt purposes, except to the extent of increasing our equity and net operating revenue. The subsidiaries are intended to be self-sustaining. Some of the proceeds from the sale of our Notes help fttnd these mini but we intend leto use then procecas solely toour loans to Church Organizations and to maintain our Liquid Reserve Funds.

CKURCH EXTENSION'S LENDING ACTIVITIES

General

We intend to use a pant of the proceeds front this offering and from Asture offerings of om Notes, as well as the proceeds from the sale of our GICa, to find loins to Church Oizations. Pending the use for loan purposes, we invest these proceeds. The following discussion applies to our regular church loins u well as to our loans pledged as collateral for our GIC program.

Loan Policies

We generally make loans for the acquisition of real property and the construction of chwvh, parsonage, educational, campçound or other church-relaxed facilities and the refinancing of these obligations. All loans generally are secured, usually by real property. At our option, we may require additional security for the loan, such as a pledge of securities or other assets, guarantees from Church of God regional associations or mortgage insurance. Our loans range in amount from $7,500 to $6,600,000, although the majority of the loans are from $200,000 to $450,000. We charge interest rates which generally are equivalent to prevailing mortgage rates although at any particular tune the rate may be higher or lower.

Amounts loaned, interest rates, availability of finds, repayment schedules and other loan terms are determined at the nitie loan applications axe approved by the staff loan committee or, when necessity, by our Board of Directors, and are subject to change from time to time. Payments on the loans are generally based on a 15 to 25 year amortization schedule with 3-year ussunides. The borrower normally makes a balloon payment or extends or refinances the loan at maturity. We may refinance or extend loans at maturity on the basis of our than prevailing rates and policies. During the year ended December 31. 2000, in excess of 95% of the our metering loans were refinanced or extended.

We usually have speci6c down payment requirements in connection with our loans. Typically, no loan is made for an amount in excess of 75% ddw vahae oftlie security for the loan based on a reasonably recent opinion of value. Presently, we require that all loans made to churches and Church Organizations be secured by first mortgages or first Deeds of Trust. We chsxge * closing fee on most loans (but generally not on refinanced loans). The current fee is 1% of is ucteally advanced. In approving a new loin, the interest we charge is our prevailing rate in effect at the time of loan closing. Therefore, due to changes in the prevailing rate, it is possible for a loan to be approved at one race and the actual loan to bear a different rate.

Our Board of Directors determines our loan policies which are subject to revision at any time. Thus, we CanflOt assure you that the foregoing policies, amounts of loan funds available and interest rates offered will not be changed periodically.

21 005639 Loan Processing

We receive requests for loans from Church Drganizaifons at our Office in Andersen, Indiana. After a brief review of the planned project, the staff then mails loan applications, where appropriate, to prospective borrower!. After a loan application is properly filed, the staff loan committee reviews the documentation and takes the appropriate actions for approv*l or disapMval of the loan. Upon the approval of any loan over $500,000, our Board of Directors must approve the action of the loan committee before a commitment may be made. On any loans of $500.000 or less, the actions of the staff loan committee are reported at the next regular meeting of the Board of Directors. The loan committee or the Directors may impose additional conditions on a loan, such as a requirement to increase the amount of real property held as security.

In the case of a maturing loan, the staff loan officer reviews the current financial condition and payment record of the borrower and reports to the staff loan committee. As in a new loan, the staff loan committee may require a change in any of the termsor security requireuienisof die loam In most cam ,nolow-closing fee iacharged for the refinancing of a maturing loin. During the course of loin closings, all supporting documents and security i nstruments are received, reviewed and filed at our office in accordance with the conditions and terms of loan approval. In addition, we require normal lender protections, such as tide insurance or an opinion of counsel as to the validity of tide and adequate property insurance. We normally require an independent appraisal of the value of the property securing the loan or a fair market opinion of value letter by a licensed broker. We generally make personal contact through our professional staff with the leadership of the various church boiowers prior to issuing any commitment in order to discuss and accumulate pertinent information concerning the church and in past and present contributions by its constituents in an effort to determine a prudent amount of indebtedness for the borrower and to realistically evaluate the church's ability to repay.

Major Loans

At December 311 2000, 7 of our loans hid a principal balance of $1,000,000 or mote. We presently have no loan commitments which, if all funds requested are loaned, will represent a Loan having a principal balance of $1,000,000 or more. However, we have no single loin or loan commitment having a principal balance or anticipated principal balance in excess of 5% of our total assets.

In some instances, there are Church Organizations that have more than one loan and there are groups of separate loans to different local congregations or other Church Organizations. At December 31, 2000, however, no single Church Organization or other single borrower was ultimately liable in the aggregate for any amount that exceeds 4% of our total assets.

Loin Deunqusncles

At December 31, 2000, we had 2 loans on which nLemst and/or principal payments were delinquent for over ninety (90) days. These loans had an aggregate principal balance of $910,290, or 5.56% of our aggregate principal balance on loans outs*sng the total amt of interest and principal payments owing and delinquent on these loans was $29,940. Due to the nature of the relationship with our borrowers, we have been willing in many instances to make arrangements with borrowers whose payments are not current or to renance their outstanding obligations. Since 1921, we have no sustained major losses on loans, and only rarely has the sale of real property held an security been necessary to aa the outstanding balance of a loan. We cannot assure you, however, that we will be able or willing to refinun sw'nunodats or restauctere all delinquent loans in the flatute. It is our stated purpose to aid our borrowers in every possible instance to meet their obligations without the need of foreclosure. Therefore, you should not compare our delinquency experience with commercial tenders.

22 CHURCH 005640

Loans to Affiliated Entldes

In addition to -1oa.s to churches, we have outstanding loans to affiliated entities of the Church of God, substantially all of which are secured by real estate mortgages or other assets. Fora discuion of these 10as, we Footnote 4 to the Financial Statements.

SUMMARY OF OPERATIONS AND OTHER FINANCIAL INFORMATION

The following shows selected tnancial informauon for the last 3 years as of or for the year ended December 31:

As ofDecernbet 31

(1) (2) Notes & Liquid Other (3) ToW Investment (4) Ym Reserve Fmds 1nyescnta ___ Macta Balances NetAsset(deficit)

2000 $8,603,710 $34, 907,388 $27,885,658 $156,032,260 576,616,791 (5 318,349) 1999 $7,925,232 $36,494,804 326,083,429 $137,752,447 370,361,095 $2,260,753 1998 $8,587,928 $30,814,799 $31,752,502 $121,731,319 $67,710,464 $2,030,510

(1) Consists of cash, cash equMlents and othet readily marketable securities staled at market value. (2) Consists of investment and other income-producing assets thet ssn not readily marketable. (3) Net aft allowance for doubthil lom of loins to churches and to ifmi.ted entities, but exchzding GIC-

- lOIflL (4) Net Assets inchules fmda held by Church Extension for resthcted, tomporsaily resaicted and unresmcted

(1) Revenue from (2) Operations, less Change in YAK gift incom Gift rncome Expenses Total Net Assets

2000 $39,927,116 37,267,712 $49,773,930 (32,579,102) 1999 $15,322,860 56,898,036 521,990,653 S 230,243 1998 $11,664,747 $7,883,673 $18,120,049 $1,428,371

(1) Inchides net gains (Ion) on investment securities and a deduction for net interest on Now and Invericnt BaIancea Sec 'STAT1TS OF ACI'IVlTIES. (2) Includes unresthcted, tençocarily resthcted and permanendy resticted gift income. Sec

"STA14TS OF AC11VS.1

See "MANAGEMENT'S DISCUSSION AND ANALYSIS for a discussion of the reuona for the negstve results in 2000 and Chmmh Extension's plan to again achieve positive tesuits.

23 CHURCH 005641 VtANAGEMINT'S DISCUSSION AND ANALYSIS

For at least the last 20 years, we have maintained on a consolidated basis positive net assets and had net income to add to our net assets, although in many instances we were dependent on siificant gift income to achieve these results. However, for the year ended December 31, 2000, we had on a consolidated basis a significant net loss that caused a significant decrease in our net assets.

Lou in 2000 to 2000, we had a net loss (decrease in net assets) on a consolidated basis of 2,260,753. Two non-recuxring factors contributed to this Ion

(1) The write down of certain receivables in the amount of$ 1,180,000 with respect to in affiliated affordable housing facility. This advance was funded primarily from the sale of donated property. It is possible, however, that we will be able to recoup this loss upon refinancing by this &cility from outside sources.

(2) The booking of an additional Ion of $400,000 in connection with die sale of one of our nursing homes.

In addition, although certain of our subsidiary mmssthes were profitable, we continued to experience an operating Ion primarily due to negative cash how in connection with our loan activities, i.e. the negative spread between the interest earned on our Loan opereflons and our invesmient portfolio and the interest paid on our Notes and GICs.

As historically has been the case, our dcprecianon expense also has a negative usisct on our profitability. Our real estate assets (many of which were gift contributions), unlike financial assets at required to be depreciated over nine. This is due to the capital-intensive nature of real estate in that it requires regular capital improvements over the course of its estimated life to retain the ability to generate revenues. This depreciation expense was in the amount of 2,662,064 in 2000.

We had coninbunons (including non-cash contributions) in 2000 in the amount of $7,267,712. These contithunons, which in the past offset the negative impact of certain of the above factors, were insufficient to do so in 2000.

As a result of this net Ion our net assets were reduced, resulting in a net deficiency in assets as of December 31, 2000, of ($318,348),

Business Plan and Proposed Action

B-

Prior to 1999, the home minions, church growth and church planting functions of the Church of God were the responsibility of Church Extension. These functions were principally ton-income producing and constituted a continuing and significant drain on our general flmds. That functions, bowever, were transferred as a part of a restiucthre to other entities of the Church of God. Also, our youth ministries pmvam became an independent Operating entity in 2004. Historically, it has been necessary to support certain of our subsidiary ministries out of our general fluids, although presently certain subsidiary ministries have been profitable. As a result, a part of the proceeds from the sal, of our Now have been used for these other ministhee.

Short Term Onerations

in the short term, we are proposing the following actions:

(I) We are malting a concerted effort to provide and arrange for independent funding and financing for our subsidiary ministries in order to achieve and maintain self-sufficiency and profitability of these ininiswies. This

24

- CHURCH 005642 w1l allow us to dedicate more of our general funds, including the proceeds from the sale of our Notes. to loans zo Church Crganzatxons, mainly local churches.

(2) Attempt-to capitalize on the unrealized equity attributed to developed real estate assets by a methodical sale of certain of these assets for values greater than book value.

(3) Attempting td convert certain donated real estate to cash and/or contact sales. We anticipate that this will be our new policy for both donated real estate and real estate that funds charitable trusts.

(4) Segregate the gift annuity fund to help meet liquidity and provide actual accounting of gift annuities by source of funds, disbursement of payments and earnings.

(5) Monitor and make adjustments as needed and to the extent possible to reduce operating expenses.

Other Pronosed Action s

In addition to and in connection with the above actions, we are in the process of developing a plan which will separate the retirement ministries ( including health care), corporate services and eventually certain real estate activities from our financial activities (which includes our church loan ministry). Under this proposed plan, certain of these assets ist of which are now owned, connoiled audi or managed by United Management Services, Inc. (see SUBSIDIARY CORPORATIONS AND OTHER OPERATIONS) will no longer be under the control of or consolidated as a part of Church Extension but will be controlled and operated independently as a separate ministry aftiliated with the Church of God. In consideration of this transfer, we will receive certain cash, contracts, mortgages or other loan receivables or combination thereof.

This new form of operating structure for the Church of God ministries, which commonly has been adopted by other Protestant religious denominations, will allow us to concentrate primarily on our lending ministry in support of the capital needs of the Church of God and its Church Organizations..

If the above efforts do not succeed, the continuing operations of Church Extension could be impaired.

TAX ASPECTS

You will recognize ueithst gain nor loss for federal income tax purposes, nor will you be entitled to claim a deduction for a charitable contribution, upon the purchase of a Note. The interest paid or payable on the Notes will be taxable as ordinary income to you in the year it is paid or compounded. If interest is accrued over the life of a Now and paid at the maturity data, you must nevertheless report such interest as income on your federal (and state, if applicable) income tax re I T, ratably over to life of the Note as it accrues and is credited through compounding. Pursuant to the Tax Equity and Fiscal Responsibility Act of 1982 and the amendments thereto, we are required to withhold 31% of the interest on the Now belonging to those Investors not providing us a correct Social Security or Federal Tax Identification Number,

MANAGEMENT

Directors Church Exteodon is governed by am 1 lber Board of Directors who are elected by the Assembly, which is the main governing body of the Church of God. Directors may not be elected to more than two consecutive five-year terms. After serving as such, two years meat elapse before they can be re..elected as a Director. As a not-for-profit corporation, we have no shareholders.

The Board of Directors conducts the management of the affairs of Church Extension, and presently consists of I. 1 members. According to our bylaws, all former members of the General Board were added to the Directors in July

25

CHURCH 005643 of 1999. Present plans are to reduce the number of Directors as present members' t erms expire, until the Directors are 10 in number. The Board ot'Directon has three regularly scheduled meetings per year. One of the rejulat meetings of the Directors each year is designated as the Annual Meeting, usually held in ApriL In preparation for the Annual Meeting, the Directors' nominanng committee draits a slate of candidates for membership on the Board of Directors. During the Annual Meeting, the Directors recommend to the Assembly a nominee for each Open position on the Board. The Assembly then ratifies the CCW Directors in IU annual meeting in June of each year. The nominating committee also suggests to the remaining Directors the candidates for the officers of the Board (Chair, Vice-Chair and Recording Secretary) for the next year, as well as suggesting th e names for certain committees of the Board. In considering persona for Directors, it is the committees objective to maintain a reasonable diversification of Directors by selecting individuals from various geographic regions and backgrounds including the clergy, business, industry, teaching, health-care, legal or other professions whose experience or expertise is believed valuable to the Board. There is no automatic representation on the Board of Directors from any local church or other unit of the Church of God.

The following persona currently serve as our Directors:

Terms expiring lime 30,2002: Dr. Derrol Dawkins, Private Practice Pedianician, Birmingham, Alabama Mr. Terry P01, Vice President, Gaichouse construction Co., Doylestown, Ohio Dr. Gail D. Zimmerman, Investment Broker, Professor, Former Member of State Legislature, Casper, Wyoming

Terms expiring lime 30,2003: Rev. Frederick Dsvey, Retired, Inleriw Pastor, Ithaca, Michigan Rev, Brian Kruahcl, Pastor, Canvose Church of God, Caose, Alberta

Terms expiring June 30, 2004: Rev. Caterina Perez-Scriviier, Pastor, Ministerio Latino, Portland, Oregon Rev. Richard Sbockey, State Minister, TnliIT,. Ministries, TniIii.rolis, InñL%nh

Terms expiring June 30, 2005 Mr, Alvin Oldham, Petroleum Engineer and Auditor, Oak Grove, Louisiana Rev, Greg Ken'44 Associate Pastor, Mountain Park Church of God, Phoenix, Arizona

Terms expiring June 30, 2006 Rev. Shirley Cathic, Pastor Conmaznity Church of God, Plainfield, New Icricy Mr. Lsadcce Small UI, Executive Sales Pngineer for Eaton Corp., Grand Rapids, Michigan

Omesra and Key Personnel

The Board of Directors elect their officers at their Annual Meeting in April of each year. The officers, who are also. Directors, serve for 1 year, beginning July 1 in tho year elected. The present officers of the Board, including a summary of their background, experience and present duties are as follows:

Dr. W D. Vumn, -' Rev. Isaders Small, lfl, Vice Chair Rev. Shirley B. Cathie, Recording Secretary

Chairman Gail D. Zimmerman, Ph.D. was elected to the Board in 1992 and serves on the Executive Committee. He is the Chief Executive Officer of Wyoming Financial Securities and President of Z-Family, Inc.. Dr. Zimmerman is a former member of the Wyoming House of Representatives and State Senate and was Chairman of the Senate Education Committee.

26 CHURCH 005644 The Reverend Isadore Small, Lfl joined the Board in 1993 and has been on the Board of Directors since 1995. Attending Orchard View Church ofOod, Grand Rapids. Michigan, he serves as Chairman of the Church Council, Chaurnan of Business Assembly, and Adult Sunday School Teacher. He is an Executive Sales Engineer for the Eaton Corporation. He holds several leadership positions for the Churches of God in Michigan including Chairman, Board of Church Extension, Member, Vision 2000 Steering Comminee, and Member, Board of Directors,

The Reverend Shirley B. Cathie, Ed.D, WIS elected to the Board in 1997. She serves as Pastor of Community Church of God, Plainfield, New Jersey. She is the Founder and Director of the Burton C. Shirley B. Cathie, Fazri1y Life Center. She is also the First Vice President of the New Jersey Ministerial Association and Member of the Board of Trustees of the [uterfaith Council for the Homeless and serves in many other capacities for other organizations in New Jersey,

Although our Board of Directors elect the Administrative Officers to administer our day-to-day affairs, the appointment of the President is subject to ririficatü,e by the membership and the General Assembly. The present Adminitative Officers of the Board, including a susxy of their background, experience and present duties are as follows:

Dr. J. Petry Grubbs, Presidenttm Dr. Cecil Watson, Executive Vice President Charles L Skuiate, Vice President/Secretary Michael D. Grant, Tiewrer/Cbief Financial Officer Sandra Richie, Assistant Treasurer

• Dr. Grubbs will be re&hig from amrch Extension as of June 30, 2002. Tim Board of Directors is in the process of initi.ng a search proem to determine his successor.

In addition, S. Louis Jickion is a key person in the operations of the subsidiary arganizadons. Although he is not an officer of Church Extension, he is an officer of several of the subsidiary organizations and is the president of United Management Services, Inc., the enuty that n''ges all of the subsidiary operations, except Family Connection, Inc. Mr. Jackson will retire as of January 1, 2002

I. PERRY GRUBBS joined Church Extension in July of 1986 as Secretary of the Office of Advancement He was elected President in March 1987 and ratified by the General Assembly to serve a five-year term beginning July 1, 1987. Hewuagainratlfldinl992easecondfive-yesrtermandinl997,bewasraflfiedforathfrdfive. year term. He holds a BA Degree from Anderson University, an MA Degree from Bali State University and a Ph.D. (AED) from the University of Southern Mississippi. President Grubba his served as associate minister of First Church of God, Kingaport, Tennessee and South Lake Wales Church of Clod, Lake Wales, Florida. He also served 16 years at Warner Southern Colisge, Lake Wales, Florida in several capecities, including Department Chair, Division Chair, Professor, and VICS President for Development prior to joining Church Extension's staff. President Grubbs' duties involve Adeziniawation, Sategic Piwning. Gift Cultivation, and by virtue of office, serves the Church of God in several capacities at the national level. He was awarded an honorary doctorate degree in 1992.

CECIL W. WATSON joined Church Extension September I, 1975, after having served as pastor for eighteen years in Kentucky and West Virginia. H. has served Church Extension as Director of Building and Capital Fund Campaigas. Dmmx Fund Services and Investments, and currently serves as Director of Planned Giving. Born in High Point, North Carolina, he entered the minisn' in 1957 and was ordained in 1958 in ft Kentucky Assembly. He studied Bniineas AdminisUation at High Point University, High Point, North Carolina and earned a Bachelor of Arts Degree from Anderson University in June, 1954, a Mate of Divinity Degree from the Anderson University School of Theology in June, 1957, and a Doctor of Ministries Degree from the Lexington Theological Seminary, Lexington, Kentucky, in May, 1981. Before joining Church Extension, Dr. Watson served as Senior Pastor at the First Church of God, Paris, Kentucky, and the First Church of God, Princeton, West Virginia. He successfully led the two congregations in major building programs. While in West Virginia, he served as chairman of the State

27

ChURCH 005645 Ministerial Assembly, chLrrnan of the Slate Council, cbaizusn of the State Credentials Conittee, and as a member of the Publication Board of the Church of God, Anderson, Indiana.

CHARLES R.. SHUMATE, Vic: President and Secretary, entered the ministry in 1968 and was ordained by the Kentucky Ministerial Assembly in 1970. He graduated from Anderson University, did his seminary work at Emanuel School of Religion and Lexington Theological Seminary, and received his doctorate from Bail State University. His putofal experiences include ministering as Associate Pastor in Louisville and Lexington, Kentucky and Kingepon, Tennessee. Dr. Shumate putored in Kthgsport, Tennessee and served as President of the City Ministerial Association- He was on the Executive Committee of the Tennessee General Assembly and served as State Secretary. Dr. Shumate has been with Church Extension iince 1975.

MICHAEL 0. GRANT, graduated from Anderson University in 1991 with a Bachelor's Degree in accounting and a minor in Computer Science. He , also earned a Masters in Business Administration in 1996. In addition to his studies, he has had experience at International Business Machines, Allen Bradley, Payless Supermarkets and Conacco. In September, 1991, Mr. Grant became staff accountant with Allied Broadcast Equipment, a subsidiary of Harris Corporation in Andezwc6 Indiana. Beginning in December, 1996, be became Business Manager at Travis Construction in Anderson, T".". Mr. Grant joined Church Extension in April, 1991, and assumed the title of Treasurer of United Management Services, Inc. in January, 1998. He presently serves as Treasurer and Chief Financial Occr of Church Extension

SANDRA RICH[E, joined Church Extension in March, 2000, and presently serves as Assistant Treasurer. Previously, she was employed for five years as Accounting Manager for Raleigh Limited in Mans indiana Ms. Richie received her degree in Accounting in 1994 from Anderson University.

S. LOUIS JACKSON joined the Church Extension ministries in Scpebcr. 1994. H. is the President of United Management Services, Inc., with the responsibility to namp all of do subsidiary organizanoos of Church Extension, except Family Connection, Inc. In that capacity, his bities actudc the executive oversight of the extensive real estate, health care and coonact holdings in Church Exudow uses portiblio. Beforejoining Church Extension, Mr. Jackson had an extensive business career, which included divisional management positions with Goodyear The. He also served in Executive Vice President positions for both Curtis Mashes and White Auto Stores. In addition, he owned and operated Christian retail stores in Florida. W. Jackson is a graduate of Benton Harbor Business College and has completed extensive training courses in leadership, human relations and advance management

Remuneration

No member of the Board of Directors of Church Extension or any of our subsidiaries receives any compensation for being a Director. Directors are reimbursed for scarsl expenses plus a per diem allowance incurred in attending the regular and called macrings. The aggregate ameunt of rernimeration paid to Administrative Officers of Church Extension in 2000 was S277,910. No officer of Church Er'esii or any of its subsidiaries received a base salary in excess of $80,000. In sddiroo, so Officer or Director receives any remuneration based upon the sale of our Notes or GICs or the imeunt of contributiona received.

Pension Plan

All of our foil-tim. sitoyeca are eligible for payments into it pension fimd administetad by the Board of Pensions of the Church of 04 Inc., an affiliated qy of the Church of God (although independent of us). For Amiithtrativ Officers and certein staff members, we pay all of the iiuiJ conutubm For others, the eniployce pays a portion of the inn"1 contribution.

28 C HURCH 005646 CERTAIN TRANSACTIONS

Certain of our Board of Directors and administrative staff serve as members of the Board of Directors or officers of our subsidiaries. As part of our ongoing operations, We have and will continue to provide services, including the granting of loans, to Church Organizations with which our officers and members of the Board of Directors are affiliated. These transactions are in the normal course of business and are made on the same terms, including interest rates charged, as those available for comparable transactions with unrelated parties.

LITIGATION

Because of our lending functions, we have found it necessary from time to time to initiate Litigation in order to collect loan proceeds. Furthermore, since we hold mortgages and similar liens against real property in connecuon with our lending program, we are occasionally named as a defendant in actions regarding local disputes, such as a mechanics lien. In our opinion, we have little or no potential liability as a result of these actions.

ADMINISTRATIVE MATTERS

Securities issued by charitable ocgi7ittons are exempt from the registration prov ions of the Securities Act of 1933, as amended, and from the registration provisions of certain State securities laws. In other states, debt securities, such as our Notes, must be registered prior to their offer and sale. Additionally, in certain states, although the securities are exempt from registration, the persons engaged in sales activities must be regutered as agents. Within the past several years, we believe we have taken the necessary steps to comply with the securities laws of most states to properly offer and sell our securities. We will conanue taking these steps where we do business Most sates have regulatory statutes that govern the borrowing and lending activities undertaken within the state. We regularly review our procedures for selling Notes and making loans to demine that our method of borrowing and lending are in conformity with applicable Stare law. In certain sates, however, it is possible that our previous activities in these area may have exposed us to potential liabilities. In February, 2001, it was determined that we inadvertently had allowed our registration to lapse in Indiana. Asa result, it was necessary to make a rescission offer to repurchase our Notes from certain TndiM Investors. Of the Investors to whom the offer was made, however, a substantial number rejected our offer. The amount of investment monies that were returned to the few Investors that accepted the offer was not material and had no material adverse effect on our financial condition or operations.

In July, 2001. the Securities and Exchange Commission (SW) initiated a son-public informal inquiry of Church Extension and its subsidiaries, whereby Church Extension is voluntarily ns.1thg documents, records and other information avsilable for review. The results of tbis inquiry are not yet known. Management believes, based on all available information, that the outcome of this inquiry will not have a material effect on its financial position or continuing operations. The SEC has indicated that the inqwry does not reflect on the character or reputation of Church Extension or its officers or directors, and does not express an opinion that any violation has occurred.

FINANCIAL INFORMATION

Our financial saa incLuded in this Offering Circular consist of Consolidated Balance Sheets as at December 31, 2000,1999 and 199$ and the related Consolidated Statements of Activities and Statements of Cash Flows for each of the dm yftn in the period aided December 31, 2000. Our financial statements for thou periods have been audited by Eat & Imler CPA Group, PC, Indianapolis, Indiana, independent certified public accountants, whose report is included.

29 CWURCBOO5M7 LEGAL MATTERS Legal natters in connection with the preparation of this Offering Circular have been passed upon by Me.srs. Eads Murray & Pugh, P.C., 7321 Shadeland Station, Suite 250, Indianapolis, Indiana 46256, coun.sel for Church Extension.

DEFINITIONS

Church Extension ---Church Extension of the Church of God, Inc., the issuer of the Notes.

Church Organizations—Local congregations, churches, colleges, seminaries, admiTli tracive units and autonomous corporanons identified with the Church of God

Investors—The persons or organizations to whom the Notes are offered and sold.

30 CHURCH 005648 Dar,ieqM " Seveii DCV A VcOcr,,ei Ent & Jailer CPA Group, PC Oseon rr FOCUSING ON THE- FUTURE

INDEPENDENT AUDITORS' REPORT

Board of Directors Church Extension of the Church of God, Inc. and Related Entities Anderson, lndian*

We have audited the accompanying consolidated statements of financial position of Church Extension of the Church of God, Inc. and Related Entities (Church Extension) as of December 31, 2000, 1999 and 1998, and the related consolidated 5thtmcflt3 of activities and cash flows for the years then ended. These consolidated financial statements are the responsibility of Church Extension's management Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing standards. These standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to shove present fairly, in all material respects, the financial position of Church Extension of the Church of God, Inc. and Related Entities as of December 31, 2000, 1999, and 1998, and the changes in its act assets and its cash flows for the years then ended in conformity with generally accepted accounting principles.

dL,-e ,4.4 'rn A'Vj 4: ENT & MILER CPA GROUP, PC

Indianapolis, Indiana September 27, 2001 C1{URCU 005649

875 ccafle Creek Paikwcy • Si4te 290 • Indø,cpc. Indlcna 46250 • FAX 317.577-7724 .31 78424466 31

URCH EXTENSION OF THE CH1JkC}I OF GOD, INC. A-ND RELATED ENTITLES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2000, 1999 and 1998

KC, 11 122 1998 ASSETS Cash and cash equivalents S 5,010,461 $ 3,981,277 S 6,675,703 Securities 5,793,249 6,143,955 4,244,237 Accounts and contributions receivable, and other assets 1,379,020 5,041631 3,434,136 Notes receivable from affiliates - net 11,503,432 10,065,132 4,536,857 Contracts receivable - net 10,223,864 10,566,946 10,395,018 Mortgage loans receivable - churches 16,382,226 16,018,297 27,215,645 Property held for sale 8,371,456 5,476,270 3,779,600 Investment properties 1019801M 8,136,456 9,771,312 Mission properties 309,833 Property and equipment- net 67,748,195 54,721,970 34,266,678 Assets limited as to use 5,584,1*7 4,912,263 4,113,156 Assets held in tru 12.5;A.078 12.638.250 12.989.144 S 156.012.260 5137.752.447 5 121.731

UABIUTIES AND NET ASSETS Accounts payable and accrued expenses $ 1,935,850 $ 3,291,412 $ 2,659,079 Interest payable 1,261,529 1,173,622 1,062,178 Notes and mortgages payable 38,9! 5,250 29,026,719 21,226,495 Revenue bonds payable 19,900,151 15,266,119 12,683,053 Savings deposits, certificates and notes 76,616,791 70,361,095 67,710,464 Deferred revenue 4,824,879 3,706,880 1,709,529 Trust liabilities 10,683,512 10,428,695 10,619,991 Actuarial value of annuities 2.212.647 2.237.152 2.030.020

Total liabilities 119.700.809

Net assets: Temporarily restricted 13,863,159 12,339,612 9,296,448 Permanently restricted 1,741,426 1,596,149 1,485,626 Unrestricted (11922.934) (11.675.008) L8,751.564) Total net assets (deficit) (318.349) 2.260.753 2,030,510 5 156.032.260 5137.752.447 5 121.731.319

CHURCH 005650

- See accompanying notes to consolidated financial statements.

32 CL AL7H FXTEI(S1ON OF THE CHURL JF GOD, INC. AND RELATED ENTITIES CONSOLIDATED STATEMENTS OF ACTIVITY Years ended December 31, 2000, 1999 and 1998

Temporarily Permanently Unreicted Resnicted &Jgimd Ij INCOME Interest income: Investments 792,994 S 785,458 S 39,697 $ 1,618,149 Conacts receivable 1,955,465 1,955,465 Loans receivable 1,970,563 1.970,563 4,719,022 785,458 39,697 5,544,177 Interest expense on savings deposits and certificates (4.759.207 (4.759,207) Interest income (expense)-Net (40.1 *5) 39.697 74,970 Other incomr. Coutions: Cash 602,278 793,168 107,677 1,503,123 Non-cash 4,832,453 932,136 5,764,589 Patient sernccs 7,871,900 7,871,900 Fees, sernces and other 4,18461* 216,012 4,400,700 Professional Employee Oon savice 16,710,683 16,710,683 Real estate rental revenue 6,511,258 3,647,605 10,158,863 Satithction of purpose restrictions 4.850.132 L4250.832 Total other income 45.564.092 738.089 107.677 46.409,858 Total income 45.523.901 1.523.547 147.374 47.194.828 EXPENSES Interest on longterm debt 3,373,027 3,373,027 Tniat and Annuity payments 1,229,705 1,229,705 PVLm services 13,593,383 13,593,383 Professional Employee Organization service 16,110,091 16,180,098 Adminisflstfcn and development 10,287,522 2,091 10,289,619 Facility and equipment management 954,715 954,71:5 Depreciation * uwWztdm 2,951,942 2,958,942 Bad debt expcme 1194.441 1.194.441 Total upleses 49.171.833 2.091 49.773.930 Change in net asseta (4,247,926) 1423,547 145,277 (2,579,102) Net assets (deficit), beginning of year -'wtKi:Iji 12.339.612 1.596.149 2.260.753 Net assets (deficit), end of year S 13.163.159 S L74L426 S (ll8i49'

CHURCH 005651 See accompanying notes to consolidated financial statements. 33

w t t JRCH EXTENSION OF THE CE111d OF GOD, INC. AND RELATED ENTITLES CONSOLIDATED STATEMENTS OF ACTMTY Years ended December 31, 2000, 1999 and 1998

1999— Temporarily Permanently Unresicte Restricted Restricted INCOME Interest income: Investments $ 501,679 $ 553,954 $ 23,519 S 1,084,152 Contacts receivable 1,955,829 1,955,829 Loans receivable 1,714 , 406 — 1,754,406 4,211,914 558,954 23,519 4,794,387 Interest expense on savings deposits and certificates (4.576.226) (4.5 76.22 6j Interest income (cxpense)-Net (3643121 558.954 23.519 218.161 Other income: Contributions: Cash 1,713,343 143,04! 103,455 1,959,846 Non-cash 1,873,496 3,064,694 4,938,190 Patient services 6,462,269 6,462,269 Fees, services and other revenue (expense) 2,324,725 59,629 2,884,354

revenue 3,775,967 1,982,109 5,758,076 Satisfaction of purpose resUictions 2.765.270 (2.765.2701 Total other income 19.415.070 2.432.210 103.455 22.002.735 Total income 19.050.758 3.043164 126.974 22220.896

EXPENSES Interest on long-term debt 2,156,511 2,156,511 Trust and Annuity payments 914,496 914,496 Program services 1,778,646 7,778,646 Administration and development 5,513,064 16,451 5,529,515 Facility and ezipment manarman 3,203,415 3,203,415 Depen 2,04,070 2,048,070 Bid debt axpesse 36&000 360.000 Total npenae. 21.974.202 16.451 21.990.653 Chanp in (2,923,444) 3,043,164 110,523 230,243

Net assets (deficit), beginning of year (8.751.564) 9,296.44$ 1.485.626 2.030.510 Net assets (deficit), end of year S (1 1.675.GOW S 12.339.612 9._I.596. 149 S 2.260.751

CHURCH 005652 See accompanying notes to consolidated financial statements. 34

CL ACH E.XTENSION OF THE CHLTRC JF GOD, LC. AND RELATED ENTITLES CONSOLIDATED STATEMENTS OF ACTIVITY Years ended December3l,2000, 1999 and 1998

1998 Temporarily Permanently Tjnresnicted Restrict ed Restricted INCOME Interest income: Investments $ 525,124 5 430,217 $ 36,144 $ 991,485 Contracts receivable 948,418 948,418 Loins receivable 2.399.768 2,399.768 3,873,310 430,217 36,144 4,339,671 Interest expense on savbip deposits and certificates 4.040J89 _(4.040.78) Interest meome (expense)-Net (167.479 430117 36.144 298.882 Other com Con4buüona: Cash 2,005,420 286,641 11,303 2,303,364 Non-cash 5,580,309 5,580,309 7,773,285 7,773,285 Foes, services and other revenue (expense) 222,660 10,435 1,233,095 Real itaterental revenue 2,359,485 2,359,485 Saeiscticn of purpose

resUictioni - 496,347 (496J47' Total other income 13.857.197 5.381.018 11.303 19.249.538 Total income 13.689.718 5.811.255 47.447 19.548.420

EXPENSES Interest on long-term debt 1,850,721 1,850,721 Trust and annuity payments 853,773 853,773 Progam services 6,912,661 6,972,66! Administration and dvelopinait 4,907,724 12,702 4,980,426 Facility and equipment managemed 1,423,910 1,423,980 1,202,017 1,202,017 Bad debt expeess 836.471 83&47 I Total expenses 11.047.147 72J02 18,120,049

Change in net assets (4,357,629) 5,811,255 (25,255) 1,428,371

Net assets (deficit), beginning of year (4.393.9351 3.485J91 1.510.881. 602.139 Net as (deficit), end of year $ (8.75L.564) £ 9.296.44I S L485.626 S 2.030S10 CHURCH 005653

See accompanying now to consolidated financial statements. 35

RCH EXTENSION OF THE CUk . OF GOD, [NC. AND RELATED ENTITIES CONSOLIDATED STATEMENTS OF CASH FLOWS Years ended December 31, 2000, 1999 and 1998

L9 L9 1998 Cash flows from operating activities Change in sm is S(2l) S 230.243 $ 1.428,371 Adjustamts to mconcilis dange in net asals to net cash provided (used) by operating acth'ities Deprecation 2.662.064 2.048,070 1.202.017 Non cash corilbutiona (3,764.591) (4.938.190) (5580,309) Amortiuticn of dlscowtt 004) 1.082.195 Allowance for valuation of property and recvab1u (129,9O 725.300 (540,513) Cap*1Izsd loan origination fees (63.004) (412.400) (73,370) Inut aedfd to deposits 379I793 2.264,395 L893.788 Realizid end w'iretll*ed loss (pin) on We of use and investments 138.048 (V'6,745) 62.209 Oing,intrusts 63,V5 (413,941) (137,344) aartp In operating usets and liibllfties A==vs and =Wfttlons receivable and cdw operating useft (489,213) (717,262) (657.4Z') Liu.rsit payable 139,935 (502.522) Odw operating unbiliti. S7Z9 _2J05i iZ37 Not cult provided (used) by operating activities _631.694 (59l Cash flows from Investing activities Proa.ds from sales of frwesant securities 712.419 1,443A06 489.339 Purchases of kmounsid iecurltius () (2,9.O1$) (252.V0) Prhidpal coflecd on contac and-, receivable z9san 1424715 2.652.940 Coordws and no origInated (3,744.135) (3309,521) (2.977,404) Prlzidpei collected on lam 25.557, 3,266.076 Loans originated (9,6,617) (10,289,352) (8.163,602) Purchases of property arid equipmant (14.$,999) (14.34.915) (6,117,588) Proceeds from sale of property and equipment 1234.1% 300.000 Acquisitions of Invest properties (1.779,467) (3*613) (1.449.467) Proceeds from sales of frtvisteient Properties 3.445.204 673488 199.059 1n Italired (405.388) (342.365) (34.106) Iricreusin suite itdaa to use 6955) 2,7881117 Not cult used by thvesg sctivtti i15A55.993 [9.50911061

Cash flows from flnanth Proceeds from uuwth. 339.800 *5,055 52.185 Nat eue in savthp d.pos1te certificates and rtes 7.307405 3.330$13 9,645.729 Proceeds from revolving ba of credit and long'rm 'oorrowfrtp 1906.417 11419,101 11,1011980 Proceeds from dJin.d rws 1,113,305 1,9),973 - Prhlp.I p.ymactta on revolving lines of credit and long-term debt 7.04O.7?6) (4.532691 (6.280.638) Net cuhprovided by financing activities 20.994.354 1123173 14,519256

1rease (d.teue) in cult and cub .quivaIn 1.0*154 (2.694.426) 4,3191117 Cash and cuh eqdvnWnh6 beghming of year 1.981Z7 6.673.700 2,356.686 Cash arid cash equlvalutte, and of yr mo.46i I 398I.Z I_6.575.7

Supplemental dhdour Cash paid for interest $ 5,63404 $ 6.V'8,428 4,058,679

CHURCH 005654

See accompanyiq now to consolidated financial statements. 36 CHURCH EXTENSION OF THE CHURCH OF GOD, INC. AND RELATED ENTfl[ES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2000, 1999 and 1998

NOTE 1- NATURE OF ORGANiZATION AND SIGNIFIANT ACCOUNTING POLIC.

Church Extension of the Church of God, Inc. (Chinch Extension) is a general agency of the Church of God which has its national offices in Anderson, Indiana. Church Extension was created and chartered by the General Assembly of the Church of God in 1921. Church Extension was incorporated as an Indiana not-for-profit corporation on July 9, 1921.

The General Assembly received a group exemption ruling based on section 501 (c)(3) of the Internal Revenue Code that included Church Extension. As such, it is exempt from federal income tax, and contributions by the public are tax deductible for income tax purposes. Church Eion obtained a separate ruling from the State of Indiana regarding its tax exempt status on August 15, 1933.

Church Extension's purpose is to provide loans to coagregatices and other Agencies of the Church of God, primarily for capital prjec, and assisting in organizing chinch building find campaigns and development studies. In addition, it receives incom from contributions and other sources of income by providing other ministry services including retirement WUties, affordable housing, fkcfflty implementation for congregations, and youth facilities. One of the sources of fleids for these investing activities is derived from deposits placed with Church Extension by individuals mdçpni72on. In Church Extension's opinion, substantially all funds received through the various investment programs are from members or imita of the Church of God. Church of God Retirement Communities earn service fees operating skilled nursing facilities and assisted living facilities. Family Connection children's homes earn service fees opating homes for disadvantaged children in Kentucky and Irfi1nL The consolidated financial statements of Church Extension ale prepared on the accrual basis of accounting. The significant accounting policies followed ue described below to enhance the usefulness of the consolidated financial statements to the reader.

Principles of Conaolidition In order to enhance the mission of Church Extension, the following subsidiary corporations were developed and are currently operated:

V41-117- 11 Family Ca.,wcdon bsc. - a 501(c)(3) tax-exempt organization responsible for the children and youth outreach provided by Hope Hill and Triple L Youth Center. Both facilities provide youth education services, residential treatment services, foster carelhome based services and community independent living services for troubled yo

-ILFA7 17

United Mwiageraent Services Inc. . a 501(c)(3) not-for-profit organization which serves to coordinate the efforts of the subsidiary corporations.

CHURCH 005655

., Bethany Village Management Company, Lie, - a 501(c)(3) tax exempt corporation that is certified to manage properties that are both regulated by the Deparnent of Housing and Urban Development and by RuaI Housing Seivices.

Strategic Partners Consulting LLC - is a professional .employer organization ('PEO") that provides a comprehensive Personnel Management System encompassing a broad range of SCTViCCS, including benefits and payroll administration, medical and workers' compensation insurance proarns, personnel records management, employer liability management, employee recruiting and selection, performance management, and training and development services to entail and medium-sized businesses in strategically selected markers.

'-;iit-71L

Clnach of God Reifrement Comsmatities Irc. - a 501(c)(3) tax exanipt corporation offering full-service nursing homes assisted living thoilities, and condominium retirement communities located in Central Indiana, Southern Michigan, Western Pennsylvania and Central FlondL Approximately half of its net resident service revenue is from Medicaid and Medicare proan1.1.

Pravid.nce Companies, Inc. - & for-profit C'Corporation organized to develop new sources of earned income in support of the ministry of Church Extension,

Golden Fears Nw7lng Home, b, - a fbruproflt C-Corporation that provides healthcare and assisted living services in Southeastern Ohio. Church Extension received this company in 1997 partially throughournght gifts and partially from contributions to charitable trusts. The contribtaion recorded was $1,020,061.

Greenn'ee, LW. a limited liability company operating a 51-unit assisted living retirement community located in Central India= Church Extension acquired the 80% it did not already own during 1997 with two bargain sales and a deferred gift annuity. These transactions resulted in a contribution of $315,000.

Biinrwood Park ApwDwnt, Inc. . a foe-profit C-Corporation owning a 120.wtit senior housing apartment building located in Northern Indians. AssIsted and Catered LMng Facilities Through its subsidiaries, Church Extension owns and operates several assisted and catered living ficilhies located in Central Indiana, Southern Michigan, Western Pennsylvania and Central Florida.

R.xw'cs D.wlopmeiv P7epsrtles, bse - a 50 l(c)(25) tax exempt xvpervy-hoLding company which primarily holda real estate property ad contracts resulting from the sale of commercial real estate. QA( LLC— a fix-profit limited liability corporation that manages a retreat center in northern Minnesota.

CHURCH 005656

38 Pmers in 4crion of the Mid Sout¼ Inc. - owns and operates six $01(cX3) corporations owning title to several apartment buildings, containing a total of 872 units, and operated under Section 202, 221, and 236 of the National Housing Act and regulated by the U.S. Department of Housing and Urban Development (HUD) with respect to rental charges and operating methods. The corporation is also subject to Section 8 Housing Assistance Payment agreements with the US. Department of Housing and Urban Development. This entity has a fiscal yearend of September 30.

Partners in Action of the Mid-South, Inc. also owns several apartment projects govemed by Rural Housing Services, an extension of the United States Department of Housing and Urban Development. These projects are as follows:

Cedw Ridge, LTD - 24-unit rental housing project organized in 1983 under the laws of Tennessee for persons of low and moderate income pursuant to Sections 515(b) and 521 of the Housing Act of 1949, as amended, which provides for interest and rental subsidies. Morrison LTD - 24-unit rental housing project organized in 1913 under the laws of Tennessee for persons of low and moderate income pursuant to Sections 515(b) and 521 of the Housing Act of 1949, as amended, which provides for interest and rental subsidies.

FbMwood?1xe il LTD - 40-imit rental housing project organized under the law, of Tennessee for persons of low and moderate income pursuant to Sections 515(b) and 521 of the Housing Act of 1949, as amended, which provides for interest and rental subsidies.

All entities described above are included in the consolidated financial statements. All significant intercompany balances and transactions have been eliminate

Purchase Acccunting Church of God Retirement Communities' original operations, in Ohio, were donated in 1988 to Church Extension with a fair market value of $1,616,920 in excess of its net book value. Church Extension is amortizing this excess over 20 years at $80,846 a year. The unamortized amount at December 31, 2000 was $646,889. In 1997, Golden Years Nursing Home, Inc. and Grecnüee, tiC were donated to Church Extension with fair market values of $2,461,134 and $1,109,703, respectively, in excess of their book values. Church Extension is amortizing both over 20 years with Golden Years at $123,057 a yw and Greenirec at $55,485 a year. The imarnortized amounts at December 31,2000 for Golden You was $1,278,670 and Greentree was $919,185.

In 1998, three affordable housing apartment complexes were donated to Church Extension with fair market values of $500,000 in excess of their book values. Church Extension is amortizing this excess over 20 years at S25,000 a year. The unamortized amount at December 31, 2000 was $443,7*

In 1999, three adthtioeal affordable housing apartment complexes were donated to Church Extension with fair market values of $621,501 in excess of their book value. Church Extension is amortizing this excess over 20 years at $31,015 a year. The unamortized amount at December 31, 2000 was $582,662. In 2000, three affordable rural housing projects were donated with fair market values of $1,536,604 in excess of their book values. Church Extension is amortizing this excess over 20 years at $76,830 per year. The unamortized amount at December 31, 2000 was $1,459,174.

CHURCH 005657

39 In 2000, a Professional Employee Organization Was donated through a bargain purchase by Chtch Easion with a fair market value of SZ430,000. Church Extension is amortizing this bargain purchase over 5 to 0 years ax S2199425 per year. The =amortized amount at December 31, 2000 was ,248,285.

Classifications Presernatign: The consolidated financial statements of the organization are reported in the following c1asses:

UiL'estrfced Net AxscLr - Unrescted finds consist of undesignated finds, board desmted funds, and the net investment in property and equipment

Temporari'y P4'ict.d Net 4er - Temporarily restricted flmds consist of purpose and time restricted donations such as charitable trusM pooled income finds and HUD restricted affordable housing projects. Psrmvie* Rewicftd Net Assets - Permanently reicted fimds consist of endowment and endowed revolving loan finds.

Caskarid Cash Equivalents: Church Extension considers cash equivalents to be all highly liquid investments with a manrity of three months or less when purchased.

AccountsReceivable and Other Asset: Accounts receivable and other assets are carried at net realizable value and include invajgorj, prepsid xpen.iea, and pledges receivable. Pledges receivable are valued at estimates of their present value with additional discounts applied fir dw probability of collection, when deemed necessary by minagemcn

SecuritJes Debt and equity investments with readily determinable market values are carried at market value. Investments with no readily determinable market values are carried it cost or amortized cost.

Proprtv Held for Sale and Investment Propertlea Invent propcslles and property held for sale are carried at the lower of cost or estilmated (air market value as determined by managcme. The primary source of fair market value is appraised vgkw at time of acquisition less expected selling co. These appraisals reflect an opinion of fair market value at the date of the appraisaL The appraisal reports may not necessarily reflect current market values. Certain invesmicet properties and jauperdes held b sale am recorded at cost when purchased. When invesunent properties and properties held Lbr We are acquired with donor blent at less than fair market value, called a bargain purchase, Church Elan records the dIence between fair m t value and the amount paid is a non-cash contsibudon.

Properties acquired in this mani often do not have readily aacertsineble market values. The primary basis for the value esrimitian of mcb properties has been the use of appraisal reports obtained from certified independent professional appraisem praisals, by nature, include extensive estimates and valuation judgments and relate to a property's loccn. its ning. thi demographics andlor economy of the SUITOUfldiflg area, environniental and other cimilar (acm These (actors, individually and collectively, eate inherent uncertainty in the valuation process, and estimated values may differ significantly from the values that would have been used had a ready rnarlcet for the real estate investment existed. Such differences could be material.

CRURCIt 005658 40 Mortgqe Loans and Cm=m Rcceivablc Mortgage loans receivable consist principally of mortgage loans to congregations and affiliated entities of the Church of God generally located throughout the United States. Cont rar receivable arise primarily from the sale of acquired or donated real estate. Interest income on interest bearing loans is computed regularly based on the principal mount of the loans outstanding.

The allowance for doiibtfiul loans is maintained at a level considered adequate by management to provide for potential Losses in the loan portfolio. Impaired loans are valued at the present value of the fuwre estimated cash flows, or the underlying collateral of the Loan.

In connection with the Guaranteed investment Contacts program more fully described in Note 12, Church Extension assigns, at book value, certain Loans receivable to an insurance company. The uansfer of these fInancial assets in which Church Extension surrenders control are accounted for as it sale. As these loans generally adjust to current interest rate levels on a regular basis, no gain or loss is recognized on these sales. Church Extension retains the obligation to service dw loans assigned, for which it receives a fee. The loans assigned to the insurance company are with recourse, in the event of a dthult on the loan receivable.

Annuities and TmsW, Upon receipt of gift annuities, the actuarially computed value of future payments is recognized as a liability, and the difference between the liability and the Sce value of the annuity is recognized as a - restricted COMNWM

Upon receipt of charitable remainder WAts, the present value of the corpus is recorded as a restricted contribution and temporarily restricted nat assets. The annual change in the present value is reflected as income.

Property. Equinent and Depreciation Church Extension has followed the practice of capitalizing certain expenditures for long-lived assets mch'ding construction period im&est Items capitalized as property and equipment are recorded at cost or, if donated, at feirmazicet value on the date of the gi& Depreciation expense is computed using the straight-line method over the iseflul lives of the assets. Estimated lives for buildings and improvements range from 20 to 50 years, and equipment and finniture range from 5 to 16 years.

Bond Issuance Costs: Costa incurred for the issuance of bonds and other bog-term financing arrangements are recorded at cost and amortized over the estimated life of the debt obligation, ranging from 5 to 25 years.

Irnneirment of Long-Lived Msets Church Extension periodically evaluates the carrying value of long-lived assets and long-lived ass to be d1oeed of for potential impairment Church Extension considers projected future operating results, cash flows, trxls and other circwnstanccs in making such estimates and evaluations. During 2000, 1999 and 1998, Church Extension recognized an asset impairment charge totaling $400,000, $400,000 and SO, respectively.

Assets Limited As To Use: Included in assets limited to use are deposits restricted by HUD regulatory agreements. These projects are required to set aside mnotmta for replacement of property and other project expenditures approved by HUD and a residual receipts fund for any surplus cash. As a result of the issuance of bonds, Church Extension is required to establish that certain funds be held by a trustee for the payment of principal and interest and cash reserves. The funds consist of short-term treasury funds and are stated at cost (which approximates market)

ChURCH 005659 41 Support. Revenue and Exnense Church Extension reports gifts of property and equipment as unrestricted support unless explicit donor stipulations specie' how the donated assets must he used. Contributions are rded as income when cash is received or ownerhip of donated assets is transferred with the exception of unccditjona1 promises to give. '•ich are recorded as income and receivable when made. Donor restricted contributions are reported as tempornly restricted contributions and are classifledas unrestricted after the funds have been expended for the purposes specified. Donor restricted contiributions whose restrictions are met in the same reporting period arc mparted as unrestricted support Donated goods are recorded at fair value at the date of the gift. Contributed services that improve or enhance property and equipment or for those that require specialized skills are also recoized as contributions. During 2000, 1999, and 1998, no material contributed services were received or recorded.

Church of God Retirement Communities, Inc. net resident service is reported at the estimated net realized amounts from residents, third-party payers, and others for service rendered. Revenue under third-party payor agreements is subject to audit and retroactive adjustment. Provisions for estimated third-party par settlements are provided in the period the related services are rendered. Dffetences between the estimated amounts accrued and interim and final settlements at reported in operations in the year of settlement. Revenue is recorded when earned. Expenses are recorded when incurred, rather than when paid, in accordance with the accrual basis of accounting. The PEO's revenues consist ofwice foes paid by its clients wider its Client Service Agreements. in consideration for payment of such service fees, the Company agrees to pay the following direct costs associated with the works its employees: (I) salaries and wages; (ii) employment-related taxes; (ill) employee benefit plan premiums; and çwccxs' compensation insurance prcmiwfls. The Company accounts for PEO service fees and the related direct payroll costs using the accrual method. Under the acemal method, PEO savice fees relating to worlcsite employees with earned but unpaid wages at the end of each pesiod are recognized as unbiled revenues and the related direct payroll costs for such wages are accrued as a liability during the period in which wages are earned by the worksite employee. Subsequent to the end of each period, such wages are paid and the related PEO service fees are billed. The Emerging Issues Task Force ('trtr) isd E1'lT 99.19, Reporting Revenue Gross as a Principal versus Net as an Agent In accordance with the En?, the Company is at risk for the payment of its direct costs, whether or not the Company's clients pay the Company on a timely basis or at all, and the Company assumes a significant amount of other risks and liabilities as a co-employer of its workaite employees, and therefore, is deemed to be a principal in its personnel management services.

Real Estate Sales: Church Extension recognizes profit and losses from its real estate sales in accordance with Statement of Financial Accounting Standards No. 66 "Accounting for Sales of Real Estate". Based upon the terms and conditions of each sale, recognition of all or part of the profit shall be recorded at the time of sale or at some later date as conditions present themselves.

Deferred revenue is recorded as a liability when received. The Retirement Division sells patio homes on the basis that its income from the sale is amortized over 7 years, the estimated amount of time thata resident laexpcctedtOoccupyaunit.

Income Tces Church Extension and most of its related entities are exempt from Federal income tax under Internal Revenue Service Code Section 50! (c)(3). Church Extension has two for-profit entities that did not have any taxable income. Accordingly, no provision for income taxes is provided for in the financial statements.

CHURCH 005660

42

Mvertisin: Costs associated with advertising are expensed in the year incurred. The majority of the advertising costs consist of radio, print media and direct marketing mailers for the retirement division.

Rec1ficatons Certain prior year amounts have been reclassified to conform to current year presentation.

Allgs4gn of Expenses: The cost of providing the various proani services and supporting activities of the church have been summarized on a fimctional basis in the following schedule. Accordingly, certain costs have been allocated among the program services and supporting activities benefited. Church Extension has adopted SOP 98-2 "Accounting for Costs of Activities of Not-for Profit Organizations that Include Fund raising?' Church Extension did not incur any significant joint fond raising costs requiring allocation.

The functional presentation of expenses, including program related interest expense, is as follows:

M IM 1 M9 Program services Church extension services $ 6,451,599 3 5,152,648 S 4,626,708 Church growth services - - 340,621 Home missions services - - 699,353 Retirement ser,ces 16,738,282 12060,794 10,037,242 Youth services 1714.721 1313.861. 1,469.70 24,904,602 18,727,303 17,173,626 Direct costs of Professional Employee Organization 16,180109* -

Supporting activities: General & administrative 13,024,222 7,477,618 4,710,984 Fund-raising 424.213 361.95* 276,228 29.628.533 7.839.576 4.987,212 S 54J33.135 S. 26366.879 L=a=

The accompanying consolidated financial statenients have been prepared in conformity with Generally Accepted Accounting Principles, which conterripistes continuation of Church Extension's opera1ion& Many of the assets of Church Extension arc illiquid and longer term in nature. Church Extension incurred a significant loss for the year 2000. This loss was the result of an operating Ices as well as several non-reoccurring expenses and losses on assets sold or impaired. Management of Church Extension is in the process of establishing a comprehensive business plan that they feel, whim executed, will result in profitability and liquidity for fimire operations. If these efforts do not succeed, the continuing operations of Church Extension could be impaired. Also, we Now 21 for the description of certain subsequent events that may be material

CHURCH 005661

43

.*u.TIIJ tti Securities consist of: IJi1 Readily marketable: Government note& 426,583 S 620,674 S 309,985 Corporate and municipal bonds 1,243,876 1,161,757 990,455 Bank certificates of deposit 132,012 Common Stock 1,372,217 1,527,050. 461,197 Mutual funds 481,634 559,765 80,652 Precious metals 46,736 49,572 49,503 Accrued interest 22.203 25.117 20.4 3,593,249 3,943,955 2,044,237 Non-readily marketable Preferred stock 2.200000 2.200.000 2.20000 S 57q3.249 5 6.143.955 L 4.2..237 Church Extension purchased $1,000,000 of Key Corporation preferred stock and $1,200,000 of preferred stock of a subsidiary of Key Corporation, Key Life Insurance, in order to pmvWe Key with additional capital to support its GIC program. The prelbiTed stock is Class A cumulative preferred stock with an annual dividend payable of 7% paid quarterly. During 2000, dividends from Key Corporation and Key We insurance were brought current Due to Key Corporation and Key LIfe Insurance sporadic dividend psment history, in 1998 Church Extension adopted the practice of recording dividends as income when the cash is received. Dividends paid by Key Corporation were $472,500,$52,SOO and SS2,5001n2000, 1999 and 1999, respectively.

i:Iiffl, v L1 : I ' W : I 1iij erT I Notes receivable from affiliates consist of. 2000 1222 122 Due from Mid-America Bible Colleqe: Note for $3,700,000, bearing interest ax 9.75%, payable in monthly installments of $31,966, and maturing September 2001, secured by mortgage. - $3,559,042 $3,551,648 Note for $53,000, bearing interest it 9.90%, payable in monthly Installments of $602, and maing August 2001. - 50,102 49,801 Note for $5,129,050, bearing uLst it 9.9%, payable mcrbiy it $9,471 inil January 2002, then $43,726 Wdum thie Jarary 2004 secured by mortgage, renasing the tM preceding notes. $5,129,050 - Now for $1,435,658, bowing interest ranging from 8.0 to 9.75%, interest only payments, maturing November 2000. $ - 1,434,658 1,390,661 $500,000, bearing interest at 9.25% interest only payments, maturing April 1999. 500,000

CHURCH 005662

44

Due from Warner PT!S5: Now for $4,370,000, bearing interest at 90% monthly payments of $19,967 beginning July 1999 and the balance is due June 2002. 1,886,527 1,953,395 2,505,904

Due from Chwkof God Minisuies; Note for $2,530,000, bearing interest at 8.90%, payable monthly installments of $25,511, and maturing July 2002. 1,649,785 2,495,763 Note for $2,831,608, bearing interest at 8.90%, Interest only payments, maturing September 2001 2,338,760 - Note for 5521,786, bearing interest at 6.00 1%, payable monthly installments of $4,391, maturing February 2014. 504,543 520,401 Accned interest 176,867 233,871 140,491 Reserve for past due interest (l,1O0) (182,100) (50,000) Less amowits assigned to in insurance company under ft GIC prowam more filly described in Notes 6and 12. - - (3.551.648) 511303.432 510.065.132 5 433&8

5ffJX1' [[iL' ;J

im 12 QwMkFtansioci Various contracts related to the sale of donated Property and invcnt properties, original contracts amounts ringing from $5,000 to 2,959,000 iutrest rates ringing from 7. to 121A maturing July 2000 to March 2025, secured by mortgages, and properties. $ 7,749,469 $ 8,211,006 $ 8,000,698

Assigned to Key Li% Insurance Co. with recow - (807,556) -

Acciiied ine* 82,694 73,010 60,258 Reserve for uncollecdblc accounts (185322) (315.223) (177.793 7.646841 7.161237 7.883.163

CHURCH 005663

45

Unitcd_Manuement S. .s. Inc. Various contracts relaxed to the sale of investments properties, original contacts amounts ranging from $7,393 to $1,500,000 interest taxes from 5.9% to 10.0% and maniring from September 2001 to January 2026 secured by properties. 2,555,674 3,419,188 2.063,987 Accrued interest 48,483 2,916 2,592 Unamortized discounts or contacts - (20,735) Short term unsecured contact receivable 90,000 - - Less allowance for doubtM contracts (302123) (237.000J - 2392.034 3.185.104 2.045,844 Youth Services or FaniikConnectlonjnc, Promissory note resulting from the sale of land in Colorado. The an of the prornissor' note is twenty years including interest at No above MM to be adjusted evar three years. The note is callable in 2004, secured by land. 172,547 196,671 405,252 Promissory note resulting from the sale of land in West Virgmli.. The promissory note is due January 15, 1999. Te was no interest applied to the contract receivable. - 28,500

Accrued ntcrest on contract 12.442 23.934 32,259 184.989 220.605 466.011

Total contracts receivable

['ii 4fli(sJ rFX 4(oX'ZtL

W,iWat's.

im 12 Loans to Church of God churches and agencies, bearing interest rates ranging from 6.0% to 10%, secured by rnortpges with minirides to March 2003. $ 38,856,667 $ 32,652,395 S 38,430,624 Assiped to FUM Biresu Insurance Co. with recourse (Note 12). (22,550,001) (16,682,850) (11,435,339) Accd interest 205,560 178,752 275,360 Less allowance for doubtful loans f130,000 (IIO,) (55.000) S 16.382i26 S 16.018.297 S 27.215.645

46

Loans with Recour Under the Guaranteed tnvestsen: Contract Program Adrninisuizive AgrecmenL more fully described in Note 12, Church Extension has assigned loans totaling $22,550,001, including accrued interest of $182,268, to Farm Bureau Insurance as part of its Master Guaranteed Investment Contacts. Farm Bureau will reassign back to Church if is determined that a mortgage is delinquent and should be placed on reserve interest atus. Under each açenent Church Extension shall unxnediately assign another mortgage note and mortgage, cash, or other collateral of equal value to Farm Bureau 4n the event of such delinquency.

D)i*fitJ4ti'&; iA ma 1i!

Investment properties and properties held for sale consist of- Property Held Investment For Sale opertv Original Carrying Value $ 8,371,456 $ 11705,386 Accumulated Deixeciadon (725Z4) Net Book Value S L37L456 S 10,990,0 92 These properties arc evaluated annually by management and adjusted accordingly. The majority of these properties were originally recorded at estimated &w market value using certified independent appraisers. The appraisals reflect an opinion of value at ft date of the appraisal. The appraisal reports may not necessarily reflect current market VARL

Ic,I AtJi.fr W 11A I Upon =to of charitable remainder trusti6 the actuarially computed gift value of the Wig is recognized as an asset and restricted net assets . In subaeçient years, the tnm are revalued using the initial acts concerning the gift valuation, and the net change is shown as other revenue. The gross assets, liabilities and net assets of the charitable remainder irusts ate as follow 122 CABLE RDER TRUSTS LCR MUM Cash and cash MuMlents $ 729,169 S 1,042,036 S 922,498 Marketable securities 5399,282 4,124,256 3,150,045 1nvesnent in CEfl4 certificates 1,194,789 $19,028 490,228 Contracts, notes and mortgages recervable 3,799,877 4,834,182 4,573,580 Real estate 2,119,937 2,250,937 3,838,760 Interest and other receivables 117.205 5&472 118.012 S_13.260.259 S 12.26.911 5 13.093.123 Liabilities and equity Liabffidw Accounts and odw payable $ 230,419 5 80,697 $ 152,567 Actuarial liability 8,857,711 8,972,423 9,042,138 Due to other remaindcrmcn 1.432.996 1.205.595 JL230.$72 Total liabilities 10,521,126 10,258,715 10,425,277 Net assets: Church Extension remainder intereat 2.739.133 2.568.196 2667.846 J3.26O759 t.j2J26911 SJ3-093. 123

CHURCH 005664

47

ENDOWMENT Assets: Invesunenta - 5 229,386 S 112,745 S 67,446 Loans receivable 358,185 352,741 266,823 Other Macta 749 - 255 S 588.320 5 465.486 L 334.529 Liabilities and equity Liabilities: Restricted payable S IAM $ - I__70.45 Total liabilities 14,000 - 70,458 Net assets: Church Extension remainder interest 574.320 465.486 264,071 465.486 S__334.529

S 25,491 $ 8,183 $ 82,386

l alto oi 274.683 991,858 208.935 5 300.174 5 300.041L 5 291.321 Liabilities and equity Liabilities: Actuarial value 5 166,666 $ 182,084 S 175,823 Accounts and other psysbics 40.448 32.555 34,629 Total liabilities 201,114 214,639 210,452 Net assets: Church Extension remainder interest 93.060 85.402 80.869 5 300.174 5 300.041 &291.321

Net Net Ang Uabil Assets __ Liabilky Assets CRT's 3 13,260,259 $10,521,126 S 2,739,133 $12,826,911 $10,258,715 $ 2,568,196 Endowments 588,320 14,000 574,320 465,486 — 465,486 PIF's 300,174 207,114 93,060 300,041 214,639 85,402 Eilmintions (1392.6Th (5&728 (1.533.47) (954.138 - (44.659) (909.529) S 12356.07$ 10.683312 5 1.872.566 512.638.250 1 1 gjn-695 5 2.209.555

Net Lisbilkv __ CRT's $13,093,123 $ 10,425,277 S 2,667,846 Endowments 334,529 70,458 264,071 PIPS 291,321 210,452 80,869 Eliminations (729.829t (S6.196 643.633 S 12989.144 519.619.991 52.369.153

CHURCH 005665

48

NOTE 9- PROPERTY. EOIJtPMENT AND OTHER I4ONG-UVED ASSETS Property and equipment consists of

12 Land and land improvements S - 11,698,072 S 4,902,980 S 3,708,051 Buildings and grounds 56,261,219 44,983,071 25,790,362 Furniture and equipment 4,189,905 3,355,371 2,850,439 Consuiiction in progress 1,618,833 7,631,844 5,430,728 Bond issuance costs and intangible assets 4326.263 1160.820 975.630 78,094,292 62,134,086 38,755,210 Less accnnu1ited depreciaon (10.346.097 (7.412.1 16) (4.488.532 S 67.74&19 IM721 .970 S34.266.671 Summary by Division: KIj

Retirement Division S 41,213,129 $ 32,009,034 $ 21,497,791 Affordable Housing 21,466,480 14,359,499 9,919,793 Youth Division 1,55S,89$ 1,559,473 1,646,096 Other 3i12.688 6.793.964 1.202.998 LAW &9 L 4 .26&678

7e404 t*tJXfi 'iv 41'fl('.a v M. Va 13 1,71 (.J I, Notes and mortgage notes payable consist of i22 Church Extension Various notes payable with interest rates of 8% to 9.75%, maturing through November 2009. $ 1,486,768 3 1,549,074 5 2,657,651 Mortgage note payable to bank with interest rate at 1% above prime maturing January 2001. - 1,120,000 546,434

Note payable to it bank with uLest no of 825%, mowing January 2003. 6,341,023 3,053,326 3,865,103

Various notes payable with tans plan churches, with an imputed inI i no of 7.90%, maturing February 2009. 3,313,924 2,081,297 678,395 Line of credit with Madison Community Bank with interest rate of 10.0%, maturing January 2001. 300,000 - -

CHURCH 005666

49

Real Estate Divisi on UMS has obtained loans with a variety of lenders. Outstanding principal balances range from S28,039 to $1,412,492, with interest rates ranging from 8.5% to • 2,331,935 - QMM has obtained a loan with Woodland Bank with interest rate of 8.751/1 , maturing August 2004. 32,601 -

Affordable Housing Dtviaion Various mortgage payibles due to Department of Housing and Urban Devetopment, interest ranging from 3% to 7.10% maturing from 2010 to 2014. 5,924,303 6,247,129 4,907,527 Mortgage notes payable to the Rural Housing Services outstanding balances range from $481,780 to $1,091,729 with Waft rates ranging thm 1% to 9%. The mortgage loan is non-recourse debt secured by deed of trust on the related real estate. 2,280,73$ Now Payable with outstanding principal balance of $852,975 with an interest of 8.3%. 852,915

Retirment Division Various lines of credit and notes payable with banks used to construct patio homes, bearing interest between 8.5% and 10.3%. 1,052,208 1,137,476 1,081,756 Mortgage loans with various lenders to finance several retirement community properties outanding principal balances as of December 31, 2000 range from $6679 to $3,150,000 per project with interest rates generally ranging from 8% to 1025%. 13,609,276 13,198,147 6,8171491

Family Connection Note Payable so bank, interea at 9.50A due Jtme 2002, secured by software. 17,850 - -

Line of credit payable to bank, variable interest. 91,060 Consction loan for building, interest rate 9.5%, due May 2001 secured by building. 570,359 580,976 587,321

CHURCH 005667 - 50

- Note- payable to Colorado Conference, bearing interest at 11% due January 2004. 40,000 40,000 40,000 Notes payable for equipment, interest 7.7% to 14.25%, manring through April 2001. 4,230 19,294 44,817

PEO note payable with interest at 8401a, maturing April, 2008. 66&000 - -

99t5.250 S19.026.71 212264 Notes and mortgage Dotes payable man as follows:

2001 $ 12,215,216 2002 5,092,898 2003 3,562,070 2004 1,398690 Thafter 16,646,376 &91i25Q

V 41 :4Ajfl *;-,820 '1J'1i : Lj

Revenue bonds issued for construction of Church of God Retirement Communities, Inc. and United Management Services, Inc. health care facilides. consist oft

City of Middletown, Ohio Health Care Facilities Revenue Refimdlng Bonds, korest payable semi-annually at rates ranging from 44% to 8.75%. Serial bcWs principal payable Inriufly in amounts ringing from S229,600 to $715,000. $ 4,304,91* $ 4,510,119 $ 4,506,950 Butler County, Permsyfviola Indual Dcveiont Authority Congate Care Facilities Revenue Bonds, interest payable semi-annually at rates ranging from 4.5% to 7.5% with pnncp.l payable iTuilatily II amounts ranging from $70,000 to $295,000. 3,365,000 3,435,000 3,500,000 Pinch County, NbdAippi Interest payable semi-annually at a rite of 4.7% with principal payable arnufly in amounts ranging

from $35,000 to $65,000 535,000 - -

CHURCH 005668 51 City of Anderson, Indiaii.. Economic Development Facilities Revenue Bonds, interest payable semi-annually at rates ranging from 5% to 9'/o thprincipai payable annuily in amounts ringing from $95,000 to 3390,000. 4,585,000 4,675,000 4,676,103

Partners in Action of the Mid-South First mortgage bonds, for coniction of 45-unit Assisted living facility in Stevensville, Michigan. Interest is payable semi-annually at razes ranging from 6.5% to 1025% with principal payable semi-annually in amounts ranging from $5,750 to $2,984,750 balloon payment. 4,120,045 2,646,000 =

Church Extension of the Church of God First mortgage simple interest bonds, for construction of 34-unit assisted living facility in Lake Wales, Florida. Interest is payable quarterly at razes ranging from 65% to 9.0% with principal payable semi-annually in amcKwts ranging from $6,750 to $2,331,250 balloon payment. 2.990.1n - -

3 1900.t51 3 15166.119 3 12.68310

Maturities of revenue bonds payable, including mandatory redemption of principal through sinking fund deposits for years after December 31, 2000 axe as follows

2001 8 576,350 2002 623,100 2003 676,350 2004 722,600 Thcr 17.301.751

4frY& I(e41) 1 IkDjjiI ( 1i '1E'i v

Savings deposits, certificates and notes consist o

2M IM IM Savings deposits subject to demand withdrawal (merest at 325% to 8.0%) $ 4,607,206 $ 4,552,808 S 3,343,296 Tnvestoent moon ('w1ciL it 4.50% to 7.75%) 71,559,481 64,903,877 63,629,172 Life loan agreements (interest st7.25%to 825%) 450.104 904.410 737,996

CHURCH 005669

1- 52

Church. Extension has a Mast4r Guaranteed Investment Contract wiw Fn Buresu Insurance Company of tntanapoUs (Farm). Under the coact, Church Eaenaion, as at for Finn, may imm Guaranteed invew n=t Conts (GICs) to individuals and OrPnUmItion& MW proceeds from the GICs sre used to fi=ce mbrtgag to churches which are then assigned to Farm in a manner Making Firm the owner of SUCh mortgages. As part of the aeement, Church Extension aes the responsibility of marketing and achninistaring the GICs and mortgage loans. The agienent requires Church Extension to suine any mortgage loan that becomes delinquent with another loan or an asset of a value equal to or seater than the delinquent loan which is acceptable to Farm. As described in Note 21, this arTaugemcnt has been suspended by Farm. Church Extension is aceznpting to reü-istaxe this program in the fixture. In addition to the amoimts listed above, GICa were issued for $22,330,783, $1 7, 157, and $15,109,834 as of the years ended December 31, 2000 1999, and 1998, respecnvely, of which $353,119, $266,437, and $220,331, respeGtively, represent accrued interest. Savings dcpos1ts certificates and notes manncs as fbllows

2001 $ 23,330,864 2002 23,058,597 2003 22,491,980 2004 26Z900 Thereafber 2.471450 7&61&791

Iasi V 4j Net aseta consist o

M IM 12 Thnporarily reicted Charitable trusts $ 2,733,133 $ 2,653,598 S 2,745,068 Other restricted fimde 11.130.026 9.686.014 6,551,380 13,863,159 12,339,612 9.296.448

Permanently restlickuL. Endawman 1,431169 1,342,891 1,216,192 Revolving loan fink 253.251 ...... JIaIA 269.434 1,741,426 1,5966149 1,485,626

Unrestricted - (15, J11,625, 008 (8.751 .564

I (311,349) t 2160751 L.2.=

DiI Amu, '. JXe J4 itiii1'1Ji

The pe1 rat1cn of &wi'4a1 stasemeeft IC confomilty with generally accexed accounting principles requires management to mak' esthnates and .ennnpdcm that .et the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dete of the financial swAnun and dw reported amounts of revenue and expenses dining the reporting period. Actual results could dffw from those estimates. The following are aignicaflt estimates in the financial statemerita

CHURCH 005670

_.: 53 Investment Properties Snu Property Held fbr Sale: The investment properties and property held for sale are recorded at fair market value based primarily on an appraisal amount less expected selling costs. These appraisals reflect an opinion of fair market value at the date of the appraisal. The appraisal reports may not necessary re flect current market values. It is reasonably possible that these siiificant estimates could change by a material amount in the near term.

Receivables: The allowance for uncollectible accounts receivable is maintained at a level that, in management's judgment, is adequate to absorb potential losses if these receivables are not collected. The amount of the allowance is based on management's evaluation ot'the collectibility of the receivables, including the nature of the receivable, credit concentrations, trends in historical toss experience, and economic conditions. Because of uncertainties associated with collecting receivables, it is reasonably possible that management's estimate of the relaxed allowance may change materially in the near term. However, the amount of change cannot be estimated. The allowance is increased by bad debt expense and reduced by write-offs, net of recoveries. Included in contributions receivable are pledges of non-cash assets , the fak value of which is also an estimate. Most non-cash contributions to Church Extension are real eslate held for sale or rent. It is reasonably possible that time estimates could change by a material amount in the near term.

Net Value of Tnists/Actuarial Value of Annuities: The net computed gift value of charitable remainder trusts contnbwcd to Church Extension incorporate the use of various actearial asswnpdons which are estimates. Due to the annuity contracts often incorporated in these contributions, acnarial factors used could require revision resulting in a material additional liability or asset and expense or income to Church Extension.

Allowance for Losses on Notes. Contacts and MortRaes: The allowances for loan losses are maintained at a level that, in management's judgment, is adequate to absorb potential losses in the loan portfolio. The amount of the allowance is based on management's evaluation of the collectibility of the loan portfolio, including the nature of the portfolio, credit concentrations, trends in historical loss experience, specific impaired loans, and economic conditions. Allowances for impaired loans are generally determined based on collateral values or the present value of estimated cash flows. Because of uncertainties associated with collateral values and cash flows on impaired loans, it is reasonably possible that rnn1gemetit's estimate of credit losses inherent in the loan portfolio and the related allowance may change materially in near term. However, the amount of clige cannot be estimated. The allowance is increased by a provision for loan losses, which is charged to cqmw and reduced by charge-o, net of recoveries. Changes in allowance relating to impaired loans are charged or credited to the provision for loan losses. It is reasonably possible that these significant estimates could change by a material amount in the new term.

Loss of Benefit Plana The maintenance of health and workers' compensation insurance plans that cover workaite employees is * significant part of the PEO's business. The current health and workers' compensation coniricts are provided by vendors with whom the PEO has an established relationship, and on terms that management believes to be favorable. While management believes that replacement contracts could be secured on competitive terms without causing significant diaruption to the PEO's business, there can be no assurance in this regsrd The current health and workers' compensation contracts expire in 2002.

CHURCH 005611

54 I!1!

The Affordable Housing Division Projects cannot sell or otherwise dispose of their principal investments in proj ect cts during tha period that agreements with the U.S. Department of Housing and Urban Development and Rural Housing Services are in effect, without prior HUD and RHS approval. Church Extension has made commitments to fund new church loans as of December 31, 2000 in the amount of $8,751,336. Because the Organization holds mortgages and similar liens against real property in connection with its real estate and lending functions, they become a party to litigation mailers and claims that are normal in the course of its operations. These actions usually relate to local disputes regarding mechanics liens. While the results of such litigation and claims cannot be predicted with certainty, management believes that they have little or no potential liability. The outcome ofh matters is not expected to have significant adverse effect on the Organization's financial position or results of operations.

The PEO's Client Service Agreement (CSA) eatabliabs the conractial division of responsibilities between the PEO and its clients for various personnel management mWers mehading compliance with and liability under various governmental reijilations. However, because the PEO acts as a co.cniployer, they may be subject to liability for violations of these or other laws despite these ccnacl provisions, even if it does not participate in such violations. Although the CSA provides that the client is to hi4iiiij the PEO for any liability attributable to the conduct of the client, the PEO may not be able to collect on such a conUacai indemnification claim and thus may be responsible for astisf'ing such liabilities. In addition, workaite employees may be deemed to be agents of the PEO, subjecting the PEO to liability for the actions of such wcrksite employees. As described in Now 16, Church Extension, through one of its rtibsidianea, improved an affili ites distressed HUD property. Church Extension is *sisthig in the turnaround of this HUD project When the project begins to cash flow, the fRuat plans to prepare a renancing package titat will be presented to HUD and the proceeds will be renniied to the appropriate Church Extension aubsidiamy subject to HUD approval, This represents a contingent asset, however, the amount is not presently determinable. Church Extension has operating leases for equipment, application software, and vehicles with expiration dates ranging from lime 2003 to December 2005. The payments are monthly ranging from $115 to $6,600. Payments for 2000 approximated $126,000. Church Extension's future commitment is as fdllowe: 2001 $ 141,802 2002 38,093 2003 18,323 2004 and after - 12,150

Church Extension received con4butions from the Church of God World Service Board in the amount of $0, $0, and $592,964 during the yew ended December 31, 2000, 1999 and 1998, respectively. In addition, Church Extension has notes do from affiliates and certificates and other deposits with affiliates. The notes receivables are detailed in Note 4 and, at December 31, 2000, 1999 and 1998, deposits totaled $1,556,419, $1,173,014, and 51,113,363.

CHURCH 005672

- In 1997, Church Extenawn sold properties for $275,000 to an officer for cash and a note receivable. This saie was made in accordance with standard Church Extension practices. This resulted in no siificant profit or loss to Church Extension. The outstanding balance as of December 31, 2000 was $241,039 with interest at 8% per annum. This note is included in contacts receivable on the statements of financial position.

In 2000, Church Extension sold properties to an employee for 38Z020. This sale was made in accordance with Church Extension practices. This resulted in no significant profit or loss to Church Extension. The outstanding balance as of December 3l, 2000 was $81,126 with interest at 8.9 01* per annum. This note is included in contracts receivable on the statements of financial position.

United Managentew Services, Inc. contacted two Directors of its subsidiary corporations to assist in achieving its operational objectives. Their compensation totaled approximately $113,000 during 2000. One of these directors also has an outstanding note receivable of $90,000. The note bears an interest rate of 9% with no principal payments received in 2000. This director paid $6,704 in interest during the year. Church Extension, through one of its subsidiaries, sold a house in 2000 at fikir market value to an employee. The selling price was $4000, which included a contract for $80,000. The conflict his an interest rate of 8.904/4. The amount outstanding on the contact as of December 31, 2000 was 379,965. This resulted in no significant profit or loss to Church Extension. As described in Note 15,1 subsidiary advanced funds of appwximately $1,200,000 in order to improve an affiliates distressed HUD property. This vnc.Jnt has been repoiWd as an expee in the Consolidated Statement of Activities. Church Extension is assisting in the Utrn wwid of this HUD project When the project begins to cash flow, the affiliate plans to prepare a refinancing package that will be presented to HUD and any proceeds received will be returned to dw iubsidlary, subject to HUD approvaL This rejzewits * contingent asset, however, the amount is not presently determinable. Church Extension has one mortgage loan receivable aggregatIng $2,000,000 with interest at 8.9% per annurri from a church whose member is a director of the Church Extension. This director was not involved in the application or approval process

:4 flD i i.i. 1 1i

Health Benefits: Church Extension provides medical, dental and vision insurance for eligible employees and pays a portion of dependents' coverage (excluding IJMS and subsidiaries' employees). Covered employees are responsible for certain deductible and a-insurance, as described in the respective schedules of benefits in the Plan Documents. Expenses for 2000,1999 and 1998 were $157,521, $153,694, and $138003 respectively.

H&W=M Beneft Eligible employees are covered tinder the Board of Pensions of the Church of God, Inc. Plan and Church Eion makes contributions of up to 11% of employees' wages. Contributions to the retirement plan for years ended December 31, 2000 was's $141,144, $84,184, and $133,526 respectively. Also, employees of the PEO are covered under a 401(k) plan, with the PEO making a matching contribution of $42,700 for 2000.

CHURCH 005673

56 [s jef1 1Ij: j sI'i t(XLL! IJLI1$'$ Church Extension routinely receives donations of property and equipment that are used in the normal course of its mission and Operations. Church Extension records these assets at f1k market value on the date of the gift. When property and other entitles are purchased with donor intent it less than fier market value, called a bargain purchase, Church Extension records the difference between FiJi' market value and the amount paid as a non-cash conibutjon. Independent professional Member Appraisal Institute (MA1) certified appraisers are used to determine &k market value. Management performs * complete evaluation of the property and adjusts the appraised value based upon each property's purpose. The value assigned is generally 80 to 90 percent of the MA! appraisal. The following van=dons of this nanne occurred:

During 2000, Church Fxsion received as a donation, three limited partnerships that own rental housing projects operated under Sections 515(b) and 521 of the National Housing Act and regulated by the Rural Housing Services (PM). The doncra expressed their lntiit to iMnce the affordable housing ministry of Church Extension. This donation was recorded using purchase accounting. Accordingly, the results of operations and the estimated fidr market value of assets received and liabilities asSzmicd are included in the consolidated financial statement from the date of donation, ttvough the and of the par. That are no significant diffe[enoes between the accounting policies of Church Extension and do donated parmership projects. Management allocated the estInited hk value of the assets received and liabilities assumed based upon an independent MA! appraisal of the three partnership projects. The adjusted net thir value of this donation amounted to S932,136 primarily due to the real etc values. This amount was allocated to building and grounds in the affordable housing division and is being amortized over the estimated usthl life of 20 years using the straight-line method. (See footnote I for purchase accounting nmarics.) This donation was recorded as & Temporarily Restricted Nan-cash ConuThution due to the RHS regulations that arc in effect until the project mortgages are paid off. On December 2$, 2000, Church Extension acquired property containing a nursing home, medical campus and a vacant hospital building located In Sardis, Mississippi through a bargain purchase. The donors expressed their intent to enhance the affordable senior housing ministry of Church Extension by selling the property for less than Ur market value. Management allocated the estimated Sk value of the assets received to buildings and grounds and liabilities assumed based upon an independent M9 appraisal of the properties. The adjusted fair market value of the assets received of $4,410,000 less the debt assumed of $535,000, less the cash paid of $399,207, less amount of the proinlaaoq note of $352,975, resulted in an unrestricted contribution of $2,622,213. Management plans to renovate the vacant hospital building and adjacent medical office building into an affordable senior housing and senior medical campus serving senior citizens. Scheduling and construction of the heilities for the various senior services being oftred must coincide with market demand and the financing package This donation was recorded as an unrestricted non-cash contribution in the statement at activity.

r, 7jji!J '(J'n On October 27, 2000, Church Extension acquired 40 acres of land located in Port St. Lucie, through a bargain urchaae The donors expressed their Intent to enhance the retirement ministry of Church Extension by selling

CHURCH 005674

a

-..d 57 the property for less thai fair market value. Management allocated the estimated fair value of the as sets received to land based upon an independent MM appraisal. The adjusted fair market value of the assets received of 52,625,000, less the cash paid of $532,356, less amount of the promissory rte of Si .000.000, resulted in an unrestricted contribution of 51,092,644. Management plans to develop the land into a master planned unit development community which will include a Church of God church, senior living facility, senior family homes, small commercial and retail campus serving senior citizens. Scheduling and construction of the facilities for the various senior services being offered must coincide with market demand and the financing package. This donation was recorded as an unrestricted non-cash contribution in the statement of activity.

On February 28, 2000, Church Extension acquired the assets of a Professional Employer Organization ("PEO") through a bargain purchase The donors expressed their Intent to enhance the ministries of Church Extension by selling the business operations and assets for less than fair market value. This donation was recorded using purchase accounting. Management allocated the estimated fair value of the assets received to contractual agreements, equipment, finniture, trade name, covenant not to compete, based upon an independent certified appraisal of the assets. The allocated assets are being amortized over the estimated usthl lives of 5 to 20 years using the straight- line method (see Note 1 for purchase accounting swtunaries). The adjusted fair market value of the assets received of 52,430,000, less the cash paid of $1,000,000, less amount of the promissory note of $660,000, resulted in an restricted contribution of $770,000. Management is operat6g this business through a separate for-profit entity that is providing human resource and employee benefits to its aflxdabk heusing, retirement, real estate and corporate divisions and other non-related third parties. This donation was recorded as an unrestricted non-cash contribution in the statement of activity.

During 1999, Church Extension received as a donation three apartment building rental properties operated under Sections 202 and 236 or the National Housing Act and regulated by the U.S. Department of Housing and Urban Development (HUD). The former owner of the MUD properties (an unrelated not-for-profit organization) expressed its intent to contribute to Church Extension the MUD properties at fair market value. Church Extension obtained an independent MA! appraisal of the three properties. The appraised value exceeded the carrying value of the properties resulting in a non-cash corimUidon of $3,057,000 which was recorded in the Statement of Activities. This was recorded as a Temporarily Restricted Contribution due to the MUD regulations that are in effect until the. project mortgages are paid Also, Church Extension acquIred 18 acres of land and buildings located in Austin, Texas through a bargain purchase for approximately $2,300,000 less than the MA! appraised value.

IM During 1998; Claich Extension received as a donation three apartment building rental properties operated under Sections 202 and 236 or do National Housing Act and regulated by dw U.S. Department of Housing and Urban Development (HUD). The former owner of the MUD properties (an unrelated not-for-profit organization) expressed its intent to contribute to Church Extension the MUD properties at fair market value. Church Extension obtained an independent MA! appraisal of the three properties. The appraised value exceeded the carrying value of the properties resulting in a non-c" ccntribaion approximating $5,428,000 which was recorded in the Statement of Activities. This was recorded as a Temporarily Restricted Contribution due to the HUD regulations that are in effect until the project mortgages are paid WE

CHURCH 005675 _z 58 5LflhisRlii t7 C.X[.1 I ir

conc*trsiions ind Re2ulatory Risk Church Extension opate5 several apartment building rental properties that are coacenirated in the multifamily affordable real estate lxueing projects. In eddinon, the Projects operate in a heavily regulated environment. The operations of the Nau are subject to the administrative directives, rules, and regulations of federal, state and local regulatory agencies, incltidin& but not limited to, HTJD. Such adminiative directives, rules and regulations are subject to change by an act of Congress or an administrative change mandated by MUD. Such changes may occtr with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change.

In addition, amowits deposited on the various investment pcovns are primarily from members of the Church of God or its related affihited agencies and onizations.

Off Balance Sheet Rist FmancW insUects that potentially subject Qnvch Eoa to credit risk consist principally of contract and notes receivable, mortgage loan receivable and int bearing investments. The risks associated with the coctrt, notes and mortgage receivables are mitigated by Och Extensions ongoing credit review procedures and collateral requirernerds. Qnuth Exakm places sudaily all of its interest bearing inveatnents with major financial intoticns, U.S. vvianmeK or top-rated corporate issues.

I.:i w+Li' ij 4.)j,jI IJr AJ Accounting standards require the disclosure of estimated &w vth.es of all met and liability financial instruments. The following &k vahc estimates are determined as of a Vocific point in time _flng various assumptions and esthnatcs. The ie of assumptions and various vahiation tedmkues, as well as the abeence of secondary markets for certain financial inuranta, will lilrcLy ruchxe the ccnçaribility of fair vahn disclosures between financial organizations. In some cases, carrying value Lie reasonable estimate of fair value âse to the relatively short period of time between origination of the inwncra and its expected resifratlon. The following table summarizes the carrying value and estimated fair value of financial üuments recorded in the Consolidated Statements of Financial Position as of December 31, 2000:

Financial MseU

CaA and cash mAvdeM $ 5010,461 $5,010,461 secusitift 5,793,249 5,793,249 Notes receivable from_tiat - nd 11,503,432 11,406,969 Contracts rvsble - ad 10,223,864 9,900,010 Mortgage kow eceivable Cbmelses - net 16,3t,fl6 16,261,810

Financial Liabllities

Notes and mortgages payable 3*915,250 34,502,604 Romm booth payable 19,900,151 19,900,151 Savings deposits, certificates and notes 76,616,791 76,374,981

CHURCH 005676

59 These disclosures do not attempt to estimate or represent Church Extension's fair value as a whole. The disclosure excludes assets and liabilities that are not financial instruments as well as the sijflc unrecognized value associated with real estate and retirement communities project values.

The following describes the assumptions and methodologies used to estimate the fair value for financW instruments:

Cash and Cash Equivalents: Fair value approximates carrying value due to the maturities of these instruments being three months or less.

Securities: Debt and equity invesiments with readily determinable market values are carried at market value. Investments with no readily determinable market values are carried at cost. The fair value of securities is tiilly explained in note 2.

MM Receivable from Affliates. Contracts Receivable. Moitasge Lom to Cburtbes The fair value calculation process differentiates loans based on their financial charactstics, such as project classification, loan categoly, pricing features and maturities.

The fair value of these loans are calculated by discounting contracmal cash flows using average yield and discount rates that reflect a typical cormnercial loan pricing with smilir characteristics and renlaiTling maturities.

Notes and Mortqages Pavablç the carrying amounts of Notes and Mortpge borrowings are estimated using discounted cash flow analysis based on the current commercial loan borxowmg rates for similar types of borrowing arrangements.

Revenue Bonds Pavable The carrying value of the revenue bonds approximate fair value since Church Extension typically nanes the capital projects through reduced interest rate loans with government agencies.

Saving D OaIts.Certific*IeS od Notes: The carrying value of savings and other demand deposit accounts approximate fair value. The fair value of certificates, notes and other time deposits are estimated using a discounted cash flow to their pieserit value by using current rates, average yield and maturities of similar

't*I5tj :p[.1I1 ) A1j During 2001 Church Extension sped an agreement to divest itself of Family Connection, Inc. (its youth services division) in order to enable both organizations to fulfill their missions and visions. The two Boards of Directors negotiated the financial aspects of the separation. Initially Chwch Extension will donate working capital assets to Family Conicdoo amounting to approximately $374,000. Church Extension agreed to sell

CHURCH 005677 KII - the land, buildings and In1prowm1t.1 on a I 0-YW cont for $1,800,000 ter special wm. Ch unh Extension will retain the invesenCs and endowmeas of MmxbnRtely $501,000. Church Exwuion will remain responsible for a mortgage not to exceed $500,000. Church Extension reserved the right at any time to make adftxW conuihotiocs to Family Connoction when its Board of Directors deterreinc that they are • financially able to do 30. The overall impact to Church Extension over the 10 year period is approximately • $15,000 redioc innet asaets.

During August 2001, a significant source of fimding ha., been curtailed. Tha Master Guaranteed Investment Contract has been suspended by Farm Bureau Insurance Company, whereby all now salei of GIC's are to canjiatey uiitiJ the pates mutually agree to resume, however, renewal of existing GIC's may continue through November 30, 2001. All other existing GIC's will tin in p1c until maturity through 2002. Cinth Extension is ekj,g to strengthen its financial position and will attempt to resume the GIC Program Church Extension is a co-maker on a $2,500,000 now payable to an Aiin. Texas bank with AR Vision, a non-afffift non-profit organization. The due date of the note was Augma 31, 2001. Subsequent to the due date, ChtxcJ Extension arranged fm a payment of $250,000 and in extension of the now until September 30, 2002 with payments for intt only. Purnt to an agreement with AR Vi, Church Extension now has the d& to beclose on the security of this note, which is gpialriawly 170 am in Austin . Texas with fl%OL1 building hovanents. Mangemect believes het the value of &a 1wd and buildings is more than their obligation to the bank and any odxc third party liabilities. Miigeinent is developing a plan to sell the rights they have in the nets and underlying security to a third-party developer and expects to resolve this manor by the extended due date of the note.

Church Eiicn has c4e Into * purchase agreement for two assisted living prqjecta, located in Florida, in the amounts of $5,200,000 and $4,000,000 reepectively. In May 2001, Church Eulon negotiated a release. of its lease obligation of a certain retirement facility. This release includes the transfer of all security deposits and payment to the lesser in the amowl of $225,000, to be paid over loinonthabegiiiningMay I, 2001. In July 2001, the Securities and Exchange Commission (SEC) initiated a nan-public infernal inquiry of Church Extension and its subeidlseiea, whereby Church Extension is vohaiterily mr.kfng dxrunents, rccord.i, and other information available far review. The MMl"j if errs, of this inqufry an not yet itrown. Management believes, based upon ill available information and consultation with legal counsel, that the outcome of this inquiry will not have a material adverse effect on its financial position or continuing operstioni. The SEC his indicated that the hiquuy does not reflect on the character or reputation of Church Extension or any of Its ocera or directors, and does not express an opinion that any violation has occurred. In September at 2001, a major donor matured with several wats. rt*ining Church Extension as one of its beneficiaries. lii. 2001 clbidion will approximate $900,000. In July 2001, one of Church Extension's nursing homes sold their license to operate 50 long-term-care beds for $1,250,000. During September 2001, Church Extension voluntarily ceased isles of all new notes because the financial information and other disclosures from the existing Offering Circular arc over 18 months old and can no longer be used. Management plans to complete a new Offering Circular and begin selling new notes in October 2001.

CHURCH 005678

61 TABLE OF CONTENTS

SUMMARY OF OFFERING 3 Real Estate Activities ...... tNTRODUCTION . 4 Youth Ministries ...... 3 General . 4 Affordable Housing Ministries...... 19 Church of God ReqrSmization 4 Retiremçut Ministries ...... 19 Purpose of Church Extension 5 Suirrtary of Certain Financial Information . Nationwide Offerings 5 Ministries Managem'm and Corporate ...... 20 RISK FACTORS . 6 Investment and Insurance Services ...... 20 USE OF PROCEEDS 7 CHURCH EXTENSION'S LENDING ACTIVITIES 21 DESCRII'TIONOF THE NOTES ...... 8 General ...... 21 Teuns...... 8 Loan Policies ...... 21 Oeniazd Notes ...... S LOW PTOCeUUig ...... 22 tnvesunent Notes ...... 8 MijotLOani ...... 22 Life Investment Notes (Conditional Gifts) ...... 9 Loan Delinquencies ...... 22 Institutional Notes ...... 9 Loans to Affiliated Entities ...... 23 IRA Invcstmnte ...... 10 SUlQ(ARY OF OPERATIONS AND OTHER Miscellaneous Information ...... 10 FINANCIAL INFORMATION ...... 23 Agency Investment Program ...... 10 MANAGEMENTS DISCUSSION AND ANALYSIS 24 Method of Sale ...... 10 Louinl000 ...... 24 HISTORY AND BUSINESS ...... 11 Brnmeu Plan and Proposed Action ...... 24 This Church of God ...... 11 TAXASPECTS ...... 25 Church Exteou ...... 12 MANAGEMENT ...... 25 Church En Services ...... 12 Direct ...... 25 FINANCING CHURCH EXTENSION'S Ocera and Key Personnel ...... 26 ACTiViTIES ...... 13 Rennratioa ...... 28 Gene...... 13 Pension PTin ...... 28 utstanding Notes ...... 13 CERTAIN TEANSACrIONS ...... 29 Sales of Notes in 2000 ...... 13 LITIGATION ...... 29 Guaranteed Investment Conuacia ...... 13 AD?W4ISTRATWE MATTERS ...... 29 Outstanding Loans to Church 14 FINANCIAL INFORMATION ...... 29 Maturity Information ...... 15 LEGAL MATTERS ...... 30 Maintained Macta ...... 16 DEFINITIONS ...... 30 Liquid Reserve Funds ...... 16 REPORT OF INDEPENDENT ACCOUNTANTS . 31 Other Investment and Income STATEMENTS OF FINANCIAL POSITION .....32 Producing Macrn ...... 17 STATEMENTS OF ACTIVITIES ...... 33 Related Finznciil Information ...... 17 STATEMENTS OF CASH FLOWS ...... 36 SUBSIDIARY CORPORATIONS AND OTHER NOTES TO FINANCIAL STATEMENTS ...... 37 OPERATIONS ...... 17

CHURCH 005679