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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT HAS EVALUATED FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025. TAX RETURNS FOR THE PAST THREE YEARS REMAIN OPEN FOR EXAMINATION BY TAX JURISDICTIONS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>NCF'S MISSION IS TO "TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE." WE CARRY OUT THIS MISSION BY PROVIDING TECHNICAL ASSISTANCE AND COOPERATIVE EDUCATION TO COOPERATIVE ORGANIZATIONS. FROM OUR INCEPTION, WE HAVE BEEN INNOVATIVE AND ENTREPRENEURIAL, SEEKING OUT CREATIVE, SOCIALLY ORGANIZED APPROACHES TO CHALLENGING PROBLEMS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>SEE PART III, LINE 4A - FIRST ACCOMPLISHMENT PARAGRAPH REGARDING TWO NEW SUBSIDIARY ORGANIZATIONS CREATED IN 2025.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>CONORTH IS A NON-PROFIT 501C3 ORGANIZATION WORKING TO TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE FOR RESIDENTS OF MANUFACTURED HOUSING COMMUNITIES. THIS WORK SUPPORTS LOW-INCOME AND UNDERSERVED COMMUNITIES THROUGH THE DEVELOPMENT OF AFFORDABLE HOUSING COOPERATIVES BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, PROGRAMS, AND SERVICES TO RESIDENTS OF THE COMMUNITIES SERVED. THE ORGANIZATION CURRENTLY SUPPORTS 17 MANUFACTURED HOME COOPERATIVES, AND CONTINUES TO DEVELOP NEW COOPERATIVES EACH YEAR. CONORTH IS ONE OF NINE CERTIFIED TECHNICAL ASSISTANCE PROVIDERS (CTAPS) UNDER THE NATIONAL ROC USA NETWORK PROVIDING TAILORED TECHNICAL ASSISTANCE, TRAINING AND EDUCATION, AND PEER-TO-PEER ENGAGEMENT OPPORTUNITIES FOR THE AFFILIATED COOPERATIVES ACROSS MINNESOTA AND WISCONSIN. THIS WORK IS A COMMUNITY-ROOTED AND SYSTEMICALLY TRANSFORMATIVE APPROACH TO PRESERVING AFFORDABLE HOUSING THAT GIVES HOMEOWNERS THE POWER AND STABILITY THAT COMES WITH COOPERATIVE OWNERSHIP AND CONTROL OF THE LAND UNDER THEIR HOMES. CONORTH ALSO ADVOCATES FOR LEGISLATION AND LEGISLATIVE FUNDING THAT ADVANCES CO-OP OWNERSHIP AND SUPPORTS MANUFACTURED HOMEBUYERS AND COOPERATIVES, AND WORKS DIRECTLY WITH OUR MANUFACTURED HOUSING COOPERATIVE COMMUNITIES TO SECURE STATE GRANTS FOR CRITICAL IMPROVEMENT PROJECTS IN THEIR COMMUNITIES. TO FURTHER OUR MISSION AND EXPAND ACCESS TO COOPERATIVE FINANCING, WE ALSO ESTABLISHED A LENDING SUBSIDIARY, CONORTH LOAN FUND LLC (CLF), IN 2023. THIS SUBSIDIARY OFFERS LOANS AND OTHER FINANCING FOR COOPERATIVES WITH A FOCUS ON SERVING LOW-INCOME, LOW-WEALTH, AND HISTORICALLY MARGINALIZED COMMUNITIES. IN 2025, CONORTH FORMED TWO ADDITIONAL SUBSIDIARY ORGANIZATIONS TO FURTHER OUR MISSION AND ABILITY TO EXPAND AND PRESERVE AFFORDABLE HOUSING THROUGH MANUFACTURED HOME COOPERATIVE OWNERSHIP. CONORTH HOMES LLC WAS ESTABLISHED AS A MANUFACTURED HOME DEALERSHIP THAT ALLOWS US TO BUY AND SELL MANUFACTURED HOMES DIRECTLY FROM MANUFACTURER TO CONSUMERS TO ADDRESS CRITICAL VACANCY ISSUES THAT HAVE BECOME A MAJOR ISSUE FOR MANY OF OUR COOPERATIVE COMMUNITIES. CONORTH HOLDING LLC WAS FORMED AS A HOLDING COMPANY TO ALLOW THE ORGANIZATION TO HOLD TITLE TO A MANUFACTURED HOME COMMUNITY OR NEW GROUND-UP DEVELOPMENT WHEN DEVELOPMENT, REHABILITATION, OR STABILIZATION ARE NEEDED BEFORE THE COMMUNITY WOULD BE IN A POSITION TO FORM A COOPERATIVE AND PURCHASE THE PARK. CONORTH IS ALSO HOME TO THE COMINNESOTA PROGRAM, A CROSS-SECTOR PROGRAM SERVING COOPERATIVES OF ALL TYPES ACROSS MINNESOTA, PROVIDING RESOURCES, TRAINING AND EDUCATION, AND NETWORKING OPPORTUNITIES FOR COOPERATIVE MEMBERS ACROSS ALL COOPERATIVE SECTORS. THIS PROGRAM WORKS TO ADVANCE THE COOPERATIVE MOVEMENT AND EXPAND AWARENESS OF THE COOPERATIVE BUSINESS MODEL, MAKE CONNECTIONS TO RESOURCES, AND FOSTER COLLABORATION FOR POSITIVE CHANGE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVIEWED AND ACCEPTED INFORMATION CONTAINED IN THE FORM 990.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS REVIEW AND MONITOR ALL POSSIBLE ISSUES RELATED TO CONFLICT OF INTEREST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION USES SALARY COMPARISON DATA OF SIMILAR SERVICE AND SIZED ORGANIZATIONS TO ESTABLISH SALARY RATES FOR STAFF. THE AMOUNTS ARE REVIEWED AND APPROVED BY A GROUP OF BOARD MEMBERS FOR THE EXECUTIVE DIRECTOR AND WAGES ARE APPROVED AS PART OF THE ANNUAL BUDGET PROCESS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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