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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>TO STRENGTHEN A SYSTEM OF INTEGRATED RESOURCES THAT ALLOWS THOSE WITH LIMITED INCOME TO BECOME MORE FINANCIALLY STABLE. THESE FUNDS ARE TO BE USED FOR FUTURE ASSET BUILDING OPPORTUNITIES.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2011. CURRENTLY, THERE ARE NO EXAMINATIONS OR PENDING EXAMINATION WITH THE INTERNAL REVENUE SERVICES (IRS). THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC 740. AS OF DECEMBER 31, 2014, THERE ARE NO TAX POSITIONS FOR WHICH THE DEDUCTIBILITY IS CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY REGARDING THE TIMING OF SUCH DEDUCTIBILITY.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD MEMBERS ARE SELF NOMINATED FROM MEMBERSHIP OF THE EDC BOARD OF DIRECTORS AND TWO MEMBERS OF THE BUSINESS COMMUITY AT LARGE. THE BY-LAWS DEFINE THIS PROCESS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD PRESIDENT AND TREASURER REVIEW FORM 990.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN OUR PERSONNEL POLICIES AND OUR BYLAWS. WE MONITOR IT THROUGH THE EXECUTIVE COMMITTEE OF THE BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE IS A FORMAL REVIEW PROCESS. THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED BY THE EXECUTIVE COMMITTEE AND REPORTED TO THE BOARD.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>POLICIES, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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        <ExplanationTxt>OTHER: PROGRAM SERVICE EXPENSES 287,173. MANAGEMENT AND GENERAL EXPENSES 95,725. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 382,898.</ExplanationTxt>
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