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        <RelatedOrExemptFuncIncomeAmt>153567805</RelatedOrExemptFuncIncomeAmt>
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        <PersonNm>WILLIAM FARANDA</PersonNm>
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        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 WAS PREPARED IN COORDINATION WITH THE EXECUTIVE DIRECTOR WHO WORKS FULL TIME FOR THE ORGANIZATION. ONCE COMPLETE, THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>CONFLICT OF INTEREST IS DISCUSSED AT TRUSTEES MEETING ANNUALLY. TRUSTEES ARE ASKED IF THEY ARE AWARE OF ANY CONFLICTS THEY MAY HAVE AND ARE REMINDED THAT THEY SHOULD BE BROUGHT TO THE BOARD'S ATTENTION IMMEDIATELY, IF ONE DOES ARISE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO ALL MEMBERS UPON REQUEST. DOCUMENTS ARE AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VII-COLUMN(B)-AVG HOURS</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICERS AND HIGHEST COMPENSATED EMPLOYEES WORK 40 HOURS PER WEEK AMONGST THE TAX EXEMPT ORGANIZATIONS THAT THE INDIVIDUAL HOLDS POSITION IN. ALLOCATIONS OF THESE HOURS, AS WELL AS HOURS REPORTED FOR THE TRUSTEES, ARE BASED ON THE ESTIMATE OF TIME SPENT PERFORMING SERVICES TO THE RESPECTIVE ORGANIZATIONS.</ExplanationTxt>
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          <BusinessNameLine1Txt>ANNUITY FUND OF IUOE L 9494A94B</BusinessNameLine1Txt>
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          <CityNm>NEW YORK</CityNm>
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        <DisregardedEntityName>
          <BusinessNameLine1Txt>COMMERCIAL EMPS-LOC 9494A94B TRAINING</BusinessNameLine1Txt>
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          <BusinessNameLine1Txt>INT'L UNION OF OPERATING ENG LOCAL 94</BusinessNameLine1Txt>
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</Return>