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      <TotalProgramServiceRevenueAmt>5254245</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>33337</TotalRevenueColumnAmt>
        <ExclusionAmt>33337</ExclusionAmt>
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      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>5287582</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>5254245</RelatedOrExemptFuncIncomeAmt>
        <ExclusionAmt>33337</ExclusionAmt>
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      <FeesForServicesManagementGrp>
        <TotalAmt>2366600</TotalAmt>
        <ProgramServicesAmt>2248270</ProgramServicesAmt>
        <ManagementAndGeneralAmt>118330</ManagementAndGeneralAmt>
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      <FeesForServicesLegalGrp>
        <TotalAmt>14618</TotalAmt>
        <ManagementAndGeneralAmt>14618</ManagementAndGeneralAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>15500</TotalAmt>
        <ManagementAndGeneralAmt>15500</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesLobbyingGrp>
        <TotalAmt>326302</TotalAmt>
        <ProgramServicesAmt>326302</ProgramServicesAmt>
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      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>12828</TotalAmt>
        <ManagementAndGeneralAmt>12828</ManagementAndGeneralAmt>
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      <OfficeExpensesGrp>
        <TotalAmt>34486</TotalAmt>
        <ManagementAndGeneralAmt>34486</ManagementAndGeneralAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>1862732</TotalAmt>
        <ProgramServicesAmt>1792395</ProgramServicesAmt>
        <ManagementAndGeneralAmt>70337</ManagementAndGeneralAmt>
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      <InsuranceGrp>
        <TotalAmt>1913</TotalAmt>
        <ManagementAndGeneralAmt>1913</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>PUBLIC RELATIONS</Desc>
        <TotalAmt>761213</TotalAmt>
        <ProgramServicesAmt>761213</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>PROFESSIONAL DEVELOPMENT</Desc>
        <TotalAmt>195782</TotalAmt>
        <ProgramServicesAmt>195782</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>CREDIT CARD PROCESSING</Desc>
        <TotalAmt>142099</TotalAmt>
        <ManagementAndGeneralAmt>142099</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>LEGISLATIVE EXPENSES</Desc>
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        <ProgramServicesAmt>86991</ProgramServicesAmt>
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        <TotalAmt>54693</TotalAmt>
        <ProgramServicesAmt>54658</ProgramServicesAmt>
        <ManagementAndGeneralAmt>35</ManagementAndGeneralAmt>
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        <TotalAmt>5875757</TotalAmt>
        <ProgramServicesAmt>5465611</ProgramServicesAmt>
        <ManagementAndGeneralAmt>410146</ManagementAndGeneralAmt>
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        <EOYAmt>1470593</EOYAmt>
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        <EOYAmt>13500</EOYAmt>
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        <EOYAmt>474991</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>10666</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>10666</LandBldgEquipAccumDeprecAmt>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>729113</BOYAmt>
        <EOYAmt>837019</EOYAmt>
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        <EOYAmt>1802439</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>8055</BOYAmt>
        <EOYAmt>21315</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>1796361</BOYAmt>
        <EOYAmt>2000930</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
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        <BOYAmt>1333922</BOYAmt>
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        <BOYAmt>1333922</BOYAmt>
        <EOYAmt>802850</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>3130283</BOYAmt>
        <EOYAmt>2803780</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>-588175</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>57103</NetUnrlzdGainsLossesInvstAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
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        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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      <OnlyInHouseLobbyingInd>false</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>true</AgreeCarryoverPriorYearInd>
      <DuesAssessmentsAmt>2059701</DuesAssessmentsAmt>
      <NonDeductibleLbbyngPltclCYAmt>312669</NonDeductibleLbbyngPltclCYAmt>
      <NonDedLbbyngPltclCyovAmt>146155</NonDedLbbyngPltclCyovAmt>
      <NonDeductibleLbbyngPltclTotAmt>458824</NonDeductibleLbbyngPltclTotAmt>
      <AggregateReportedDuesNtcAmt>247164</AggregateReportedDuesNtcAmt>
      <CarriedOverAmt>211660</CarriedOverAmt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE C, PART IV</FormAndLineReferenceDesc>
        <ExplanationTxt>PART II-B, LINE 1: THE GOVERNMENT AFFAIRS COMMITTEE MONITORS ALL ACTIVITY WITHIN THE INDUSTRY RELATIVE TO NEGATIVE PRESS COVERAGE, RULES, REGULATIONS, AND LAWS EITHER IN FORCE, OR UNDER CONSIDERATION, THAT HAVE A DIRECT EFFECT ON THE ABILITY OF THE MEMBERSHIP TO MANUFACTURE AND INSTALL BUILDINGS. THE COMMITTEE WILL MAKE RECOMMENDATIONS TO THE BOARD FOR POSITIONS THE ASSOCIATION WILL TAKE ON VARIOUS LEGISLATIVE OR REGULATORY ISSUES. THOSE RECOMMENDATIONS INCLUDE: 1) OPPOSE; 2) SUPPORT; 3) SUPPORT WITH AMENDMENTS; 4)SUPPORT CONTINGENT UPON; 5) NO POSITION; OR 6) NO OBJECTION. THESE WILL BE COMMUNICATED TO VARIOUS STAKEHOLDERS AND POLICYMAKERS. FUNDING OF GOVERNMENT AFFAIRS ACTIVITIES - IT SHALL BE THE RESPONSIBILITY OF THE GOVERNMENT AFFAIRS COMMITTEE TO DETERMINE WHAT, IF ANY, LEVEL OF FUNDING TO RECOMMEND FOR SPECIFIC ISSUES. THE LEVEL OF FUNDING MUST BE WITHIN THE APPROVED BUDGET AND WILL BE BASED ON PREDETERMINED ASSESSMENT CRITERIA. THE COMMITTEE SHALL HAVE THE AUTHORITY TO RECOMMEND WHETHER OR NOT TO HIRE PROFESSIONAL ASSISTANCE AND THE PERCENTAGE OF COMMITMENT THE ASSOCIATION WILL FUND, FROM 0 TO 100%, WITHIN PRE-APPROVED GOVERNMENT AFFAIRS BUDGET GUIDELINES. THE ASSOCIATION'S STAFF WILL CONTACT STAKEHOLDERS WITH COMMITTEE RECOMMENDATIONS AND SEEK FIRM COMMITMENTS FOR ANY SHORTFALL IN FUNDING, AND COMMUNICATE THE FUNDING PLAN BACK TO THE GOVERNMENT AFFAIRS COMMITTEE PRIOR TO ENGAGEMENT. THE PLAN WILL BE COMMUNICATED TO THE MBI BOARD AT THE NEXT SCHEDULED MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
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    <IRS990ScheduleD documentId="RetDoc3">
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        <DepreciationAmt>10666</DepreciationAmt>
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        <Desc>DUE TO AFFILIATED ORGANIZATIONS</Desc>
        <Amt>18185</Amt>
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        <Desc>TENANT SECURITY DEPOSITS</Desc>
        <Amt>3130</Amt>
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      <TotalRevEtcAuditedFinclStmtAmt>5297783</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>57103</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>-34074</OtherRevenueAmt>
      <RevenueNotReportedAmt>23029</RevenueNotReportedAmt>
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      <RevenueNotReportedFinclStmtAmt>12828</RevenueNotReportedFinclStmtAmt>
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      <TotExpnsEtcAuditedFinclStmtAmt>5828855</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>5828855</ExpensesSubtotalAmt>
      <InvestmentExpensesNotIncld2Amt>12828</InvestmentExpensesNotIncld2Amt>
      <OtherExpensesNotIncludedAmt>34074</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>46902</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>5875757</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>UNCOLLECTIBLE MEMBER DUES -34,074</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>UNCOLLECTIBLE MEMBER DUES 34,074</ExplanationTxt>
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    <IRS990ScheduleL documentId="RetDoc4">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>HARDIMAN-WILLIAMS LLC</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>EXEC DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>2366600</TransactionAmt>
        <TransactionDesc>MANAGEMENT SERVICES</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>PART IV: TOM HARDIMAN, EXECUTIVE DIRECTOR OF THE INSTITUTE, IS ALSO A 50% OWNER IN THE MANAGEMENT COMPANY HARDIMAN-WILLIAMS, LLC. HARDIMAN-WILLIAMS, LLC IS CONTRACTED WITH THE INSTITUTE TO PROVIDE MANAGEMENT SERVICES.</ExplanationTxt>
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    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990, PART 1, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE MODULAR BUILDING INSTITUTE IS THE ONLY INTERNATIONAL NON-PROFIT TRADE ASSOCIATION SERVING NON-RESIDENTIAL MODULAR CONSTRUCTION. THE ORGANIZATION REPRESENTS HUNDREDS OF COMPANIES IN COUNTRIES AROUND THE WORLD INVOLVED IN THE MANUFACTURING AND DISTRIBUTION OF COMMERCIAL FACTORY-BUILT STRUCTURES. AS A LEAD ORGANIZATION FOR EDUCATION IN THE INDUSTRY, THE ORGANIZATION ENCOURAGES THE PUBLIC TO RETHINK MODULAR. THE ORGANIZATION PROVIDES SERVICES TO AND PROMOTES THE BUSINESS OF MANUFACTURERS AND MARKETERS OF NON-RESIDENTIAL FACTORY-BUILT STRUCTURES THROUGH THE EDUCATION OF POLICY MAKERS REGARDING BUILDING CODES AND BY HOLDING CONVENTIONS AND MEETINGS TO EDUCATE AND IMPROVE THE INDUSTRY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE SEEKS TO EXPAND THE OVERALL MARKET SHARE FOR MODULAR CONSTRUCTION BY REMOVING BARRIERS THAT LIMIT INDUSTRY GROWTH AS WELL AS THROUGH OUTREACH AND EDUCATION EFFORTS TO PROMOTE THE ADVANTAGES OF MODULAR CONSTRUCTION. MEMBERS OF BOTH THE RELOCATABLE BUILDINGS DIVISION AND THE PERMANENT MODULAR CONSTRUCTION DIVISION HAVE THE OPPORTUNITY TO PARTICIPATE IN VARIOUS BUSINESS DEVELOPMENT OFFERINGS AND TO HELP INFLUENCE THE REGULATORY CLIMATE. THE INSTITUTE HOSTS THE WORLD OF MODULAR ANNUAL CONVENTION AND TRADE SHOW THAT PROVIDES A PLACE FOR OVER 750 INDUSTRY PROFESSIONALS TO NETWORK WITH AND LEARN FROM INDUSTRY EXPERTS FROM AROUND THE WORLD, EXCHANGE IDEAS, AND DISPLAY NEW FACTORY-BUILT STRUCTURES. IN ADDITION, THE INSTITUTE'S SEALS PROGRAM IS THE COMMERCIAL MODULAR INDUSTRY'S ONLY LABELING PROGRAM DEDICATED TO PROMOTING HIGH STANDARDS OF HONESTY, INTEGRITY, PROFESSIONAL SERVICE, AND CONDUCT. THE SEALS PROVIDE MEMBERS WITH A VISIBLE SIGN OF THEIR COMMITMENT TO THE INSTITUTE'S CODE OF ETHICS AND CONDUCT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE CONTRACTED WITH HARDIMAN-WILLIAMS, LLC FOR THE PROVISION OF MANAGEMENT SERVICES. HARDIMAN-WILLIAMS, LLC IS OWNED AND OPERATED BY TOM HARDIMAN, EXECUTIVE DIRECTOR, AND STEVE WILLIAMS, DIRECTOR OF OPERATIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE HAS THREE CLASSES OF MEMBERSHIP AS FOLLOWS: REGULAR - MANUFACTURERS AND DEALERS ASSOCIATE - SUPPLIERS OF BUILDINGS COMPONENTS, SERVICES, AND FINANCING INDIVIDUAL - STUDENTS, PROFESSORS, AND OTHER INDIVIDUALS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE UTILIZES A NOMINATING COMMITTEE TO OVERSEE THE PROCESS OF PREPARING A SLATE OF BOARD MEMBER CANDIDATES FROM THE INSTITUTE'S QUALIFIED MEMBER COMPANIES. THESE CANDIDATES MUST MEET A VARIETY OF TIME, QUALIFICATION, AND PARTICIPATION REQUIREMENTS WITH THE INSTITUTE AND WITHIN THE INDUSTRY. THE COMMITTEE CONSIDERS TRAITS SUCH AS INDUSTRY EXPERIENCE, GEOGRAPHIC LOCATION, TIME AS AN INSTITUTE MEMBER, STANDING WITH THE INSTITUTE, AND PAST PARTICIPATION IN THE INSTITUTE'S ANNUAL MEETINGS, THE MBI FOUNDATION, AND ON ASSOCIATION COMMITTEES. THE BOARD MEMBERS ARE LIMITED TO TWO CONSECUTIVE FULL TERMS, WITH THE EXEPTION OF SPECIFIED CIRCUMSTANCES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH MEMBER FIRM OR CORPORATION SHALL APPOINT AND CERTIFY TO THE ASSOCIATION A PERSON TO BE ITS REPRESENTATIVE IN THE ASSOCIATION AND WHO SHALL REPRESENT, VOTE, AND ACT FOR THE MEMBER IN ALL AFFAIRS OF THE ASSOCIATION. EACH MEMBER FIRM OR CORPORATION IS ENTITLED TO ONE VOTE ON SUCH OCCASIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS INITIALLY REVIEWED BY THE EXECUTIVE DIRECTOR UPON ITS COMPLETION. SUBSEQUENTLY, THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL. ONCE APPROVED BY THE GOVERNING BOARD, THE FORM 990 FILED AND MADE AVAILABLE FOR PUBLIC INSPECTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE DIRECTOR ACKNOWLEDGES AND REMINDS EACH BOARD MEMBER OF THE CONFLICT OF INTEREST POLICY PRIOR TO THE COMMENCEMENT OF EACH BOARD MEETING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS CAN BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. HOWEVER, REQUESTS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE DIRECTOR AND THE ASSOCIATION'S CONSIDERATION OF THE INTENDED USE OF THE REQUESTED DOCUMENTS.</ExplanationTxt>
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          <AddressLine1Txt>285 HYDRAULIC RIDGE RD</AddressLine1Txt>
          <AddressLine2Txt>SUITE 6</AddressLine2Txt>
          <CityNm>CHARLOTTESVILLE</CityNm>
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      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
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      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
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      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
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      <SharingOfFacilitiesInd>true</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
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      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
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        <FormAndLineReferenceDesc>SCHEDULE R</FormAndLineReferenceDesc>
        <ExplanationTxt>PART II: THE MISSION OF THE MBI EDUCATIONAL FOUNDATION IS TO EXPAND OPPORTUNITIES, INCREASE AWARENESS, AND FOSTER GROWTH IN THE COMMERCIAL MODULAR CONSTRUCTION INDUSTRY BY SUPPORTING RESEARCH AND DEVELOPMENT, PROVIDING SCHOLARSHIPS FOR STUDENTS, AND DEVELOPING PARTNERSHIPS AND ALLIANCES WITH COMPLIMENTARY ORGANIZATIONS.</ExplanationTxt>
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