3.
Equip Expo Building- Lease Commitment
In June 2021, Equip Expo signed a lease agreement for office space in Louisville, Kentucky that commenced on November 1,2021 and terminates on November 30 ,2026. Base rent under this agreement is $11,928 per month, with an increasing factor of 2.5% per year. Under the lease agreement, the Equip Expo received a rent abatement for the first month of the lease.
4.
Litigation
On April 30, 2025, no lawsuits are pending.
5. Investments Investments – Investments consist of marketable securities, including government bonds, which are recorded at their readily determinable fair value. Realized and unrealized gains and losses are shown in the Statement of Activities and Change in Net Assets. For the long-term reserve portfolio, fixed and bonds are 30% and equities 70%. Investments on April 30, 2025: Market Value Money Market- Equip Sweep 5,822,303 Bonds 1,779,133 Mutual & exchange traded funds: – large, mid, and small cap 2,168,344 – international equities 1,752,446 – Emerging Markets 162,889 6 . Trade Show
The 2021 show was the last year operating under the terms of a Limited Liability Company operating agreement, GIE/OPEI, LLC. OPEI and the Green Industry Exposition (GIE) combined their individual trade shows to create GIE+EXPO and share the net revenue from the show 65:35. The 2022 show was the first year solely owned by OPEI and managed in- house as the equipExposition. OPEI established the OPEI Expo LLC and began operations in July 2021.
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