OPERATING AGREEMENT OFOperating Agreement • June 22nd, 2021 • Wisconsin
Contract Type FiledJune 22nd, 2021 Jurisdiction• The Washington Island Community News LLC (the “Company”) is a for profit entity. Investments in or contributions to the Company are not tax deductible charitable contributions. Although structured as a Wisconsin Limited Liability Company, the Company has elected to be taxed as a corporation. No members will be taxed on the income of the Company or receive tax deductions or benefits as a result of their investment in the Company.