Nature of Business
NONPROFIT, NON-STOCK CORPORATION. THE INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION IS A NON-PROFIT, NON-STOCK ORGANIZATION INCORPORATED IN THE STATE OF DELAWARE. MISSIONSQUARE RETIREMENT IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE 501(C)(3). IT SERVES TO LESSEN THE BURDENS OF STATE AND LOCAL GOVERNMENTS AND THEIR AGENCIES AND INSTRUMENTALITIES BY ADMINISTERING QUALIFIED AND DEFERRED COMPENSATION RETIREMENT PLANS, THEREBY HELPING PUBLIC SECTOR EMPLOYEES BUIL