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        <NameOfInterestedPerson>
          <NamePerson>KEVIN DONOVAN</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>FORMER OFFICER</Relationship>
        <AmountOfTransaction>2500</AmountOfTransaction>
        <DescriptionOfTransaction>TAX RETURN</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc6">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>TO BUILD THE MOST EFFECTIVE ORGANIZATION POSSIBLE TO PROTECT THE INTERESTS OF EVERYONE CONNECTED WITH THE HOUSING INDUSTRY IN MONMOUTH, OCEAN, MIDDLESEX, MERCER, AND FRANKLIN TOWNSHIP IN SOMERSET COUNTY AND BORDENTOWN IN BURLINGTON COUNTY. THIS INCLUDES NOT ONLY BUILDERS, BUT TRADESMEN, SUBCONTRACTORS, LABOR, FINANCIAL INSTITUTIONS, AND ALL PEOPLE WHO MAKE THEIR LIVING FROM THE BUILDING AND DEVELOPMENT BUSINESS. IT IS THE OBJECTIVE OF THIS ASSOCIATION TO MAINTAIN A CONTINUING DIALOGUE WITH ALL LEVELS OF GOVERNMENT, BOTH STATE AND LOCAL, TO EXCHANGE IDEAS, TO HAVE A STRONG LIASON WITH ALL GOVERNMENTAL COMMITTEES AS WELL AS SUCH MUNICIPAL BODIES AND THEIR SUPPORTING PLANNING BOARDS, BOARDS OF ADJUSTMENT AND OTHER AGENCIES. TO ENLARGE THE SCOPE OF THE ASSOCIATION SO AS TO RENDER SERVICES TO THE MEMBERSHIP THAT, INDIVIDUALLY, THE MEMBERS HAVE NEITHER TIME NOR RESOURCES TO OBTAIN. TO ASSIST IN THE ACCOMPLISHMENTS OF THE MUTUAL OBJECTIVES OF THE NATIONAL ASSOCIATION OF HOME BUILDERS OF THE UNITED STATES AND THE NEW JERSEY BUILDERS ASSOCIATION. TO FURTHER PROTECT ENVIRONMENTAL QUALITIES TO THE BETTERMENT OF THE INDUSTRY AND THE COMMUNITIES IT SERVES; TO SEEK TO COOPERATE WITH VARIOUS GOVERNMENTAL AGENCIES TO PROMOTE THE LEGITIMATE AND PROPER NEEDS OF THE INDUSTRY AND OF THE PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ALL OTHER ACCOMPLISHMENT DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4D</ReturnReference>
        <Explanation>OTHER</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>COWAN, GUNTESKI &amp; CO., P.A. PARTNER</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>OUTSIDE ACCOUNTING FIRM PREPARES THE TAX RETURN, DISTRIBUTES TO OFFICERS FOR REVIEW. RETURN IS FILED UPON APPROVAL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>ANNUAL REVIEWS HELD BY OFFICERS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>ANNUAL REVIEW HELD BY OFFICERS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>FORM 990, PART XI</ReturnReference>
        <Explanation>LINE 5 - PRIOR PERIOD RECLASSIFICATION</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc7">
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>BULLETIN BOARD INC CO SBACNJ</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>190 OBERLIN AVENUE</AddressLine1>
          <City>LAKEWOOD</City>
          <State>NJ</State>
          <ZIPCode>08701</ZIPCode>
        </AddressUS>
        <EIN>222198606</EIN>
        <PrimaryActivity>MAGAZINE</PrimaryActivity>
        <LegalDomicileState>NJ</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>SBACNJINC</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
        <ShareOfTotalIncome>-2732</ShareOfTotalIncome>
        <ShareOfEOYAssets>9009</ShareOfEOYAssets>
        <PercentageOwnership>1.00000</PercentageOwnership>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>true</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>BULLETIN BOARD INC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>R</TransactionType>
        <AmountInvolved>5000</AmountInvolved>
        <MethodOfAmtDetermination>CASH</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>