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        <Explanation>IT IS THE INTENT OF THE ORGANIZATION TO PRESENT THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.</Explanation>
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        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>The Board of Directors' conflict of interest policy requires each director to disclose any actual or potential conflicts between the director's personal interests and his duties to the Association. Any director deemed by the Board of Directors to be disqualified pursuant to said conflict of interest policy of an actual or potential conflict of interest on any matter shall not vote or use his personal influence on the matter, and shall not be counted in determining the quorum for the meeting, even when permitted by law. The minutes of the meeting shall reflect the disclosure, the abstention from voting and the effect of said abstention on the quorum.</Explanation>
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