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      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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      <OnlyInHouseLobbyingInd>1</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>0</AgreeCarryoverPriorYearInd>
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        <DepreciationAmt>9736</DepreciationAmt>
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      <FootnoteTextInd>X</FootnoteTextInd>
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        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FUND HAS ADOPTED THE RECOGNITION AND DISCLOSURE PROVISIONS OF THE ACCOUNTING STANDARD RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS STANDARD, TAX POSITIONS ARE EVALUATED FOR RECOGNITION USING A MORE-LIKELY-THAN-NOT THRESHOLD, AND THOSE TAX POSITIONS REQUIRINGRECOGNITION ARE MEASURED AT THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE FUND HAS EVALUATED THE LIKELIHOOD OF ITS TAX POSITIONS BEING CHALLENGED AS REMOTE, AND ACCORDINGLY HAS NOT INCLUDED ANY INCOME PROVISIONS, INCLUDING INTEREST AND PENALTIES, IN THE FINANCIAL STATEMENTS RELATED TO POTENTIAL VIOLATIONS. UPON ADOPTION OF THIS ACCOUNTING PRONOUNCEMENT, THE FUND HAD NO UNRECOGNIZED TAX BENEFITS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION HAS MEMBERS THAT VOTE TO ELECT THE GOVERNING BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS GET TO VOTE ON APPROVING CHANGES IN THE ASSOCIATION'S BYLAWS AND APPROVING OTHER SIGNIFICANT DECISION OF THE GOVERNING BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS GET TO VOTE ON APPROVING CHANGES IN THE ASSOCIATION'S BYLAWS AND APPROVING OTHER SIGNIFICANT DECISION OF THE GOVERNING BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION DISTRIBUTES THE FORM 990 TO ALL OFFICERS FOR REVIEW AND THE TREASURER REVIEWS THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>INDIVIDUALS WHO KNOWINGLY VIOLATE AND/OR REFUSE TO ABIDE BY THE CONFLICT OF INTEREST POLICY MAY BE SUBJECT TO TERMINATION OF THEIR RELATIONSHIP WITH THE ASSOCIATION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIAITON REVIEWS AND ESTABLISHES THE OFFICERS' COMPENSATION. COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND ECONOMIC FACTORS. PERIODICALLY THE ASSOCIATION WILL EXAMINE THE COMPENSATION OF SIMILIAR POSITIONS IN THE IMMEDIATE GEOGRAPHIC AREA AS WELL AS THOSE THROUGHOUT THE REGION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. INTERESTED PARTIES CONTACT THE PRESIDENT AT 219 VALLEY RD, CLIFTON, NJ 07013.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>UNREALIZED GAIN (LOSS) ON INVESTMENTS 95,563.</ExplanationTxt>
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          <AddressLine1Txt>219 VALLEY RD</AddressLine1Txt>
          <CityNm>CLIFTON</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
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      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
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