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      <TotalOfBookValueLandBuildings>114609</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>DUE TO GNYADA</Description>
        <Amount>594584</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>SECURITY DEPOSIT</Description>
        <Amount>30000</Amount>
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      <TotalOfAmounts>624584</TotalOfAmounts>
      <TotalRevenue>1934598</TotalRevenue>
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      <TotalRevenuePerForm990>1934598</TotalRevenuePerForm990>
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        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE CAET WAS ESTABLISHED AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE TO SUPPORT THE ACTIVITIES OF THE GREATER NEW YORK AUTOMOBILE DEALERS ASSN. THE CAET OPERATES AN EDUCATION FACILITY, WHOSE MISSION IS TO PROMOTE EXCELLENCE AND ETHICAL STANDARDS IN ALL PHASES OF THE AUTOMOBILE RETAIL INDUSTRY, INCLUDING MANAGEMENT, SALES, SERVICE AND TRAFFIC SAFETY.</Explanation>
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      <GeneralExplanation>
        <Identifier>EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS</Identifier>
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        <Explanation>THE CENTER DOES NOT USE VOLUNTEERS.</Explanation>
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      <GeneralExplanation>
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        <Explanation>THE 2011 FORM 990 HAS BEEN COMPLETED BY OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS. THE COMPLETED FORM 990 WILL BE REVIEWED BY THE ORGANIZATION'S PRESIDENT AND SUBSEQUENTLY BY THE BOARD OF DIRECTORS. THE PRESIDENT GIVES A FULL REPORT TO THE GOVERNING BOARD. UPON BOARD APPROVAL, THE CHAIRMAN OF THE BOARD WILL REVIEW EVERY PAGE OF THE COMPLETED FORM 990 WITH THE PRESIDENT OF THE ORGANIZATION.</Explanation>
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      <GeneralExplanation>
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        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>ALL CONFLICT OF INTEREST TRANSACTIONS MUST BE DISCLOSED TO THE PRESIDENT OR TO THE VICE PRESIDENT OF LEGAL AFFAIRS, WHO WILL THEN DETERMINE WHETHER DISCLOSURE IS REQUIRED TO THE BOARD OF DIRECTORS, AT WHICH TIME THE BOARD WILL DETERMINE WHETHER TO EVALUATE OR RATIFY THESE TRANSACTIONS. AN INVESTIGATION WILL BE CONDUCTED AND APPROPRIATE ACTIONS TAKEN.</Explanation>
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      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE ORGANIZATION DOES NOT PAY PAYROLL. THE PRESIDENT IS PAID THROUGH AN AFFILIATE OF THE CAET. THE EXECUTIVE AND FINANCE COMMITTEES OF THE BOARD OF DIRECTORS ANNUALLY REVIEW AND DETERMINES THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT.</Explanation>
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        <Explanation>THE COMPLETED FORM 990 IS AVAILABE AT THE OFFICES OF THE ORGANIZATION AND UPON WRITTEN REQUEST, A COPY WILL PROMPTLY BE MAILED. THE FORM 990 CAN ALSO BE VIEWED ON THE GUIDESTAR.ORG WEBSITE.</Explanation>
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