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        <ExplanationTxt>THE CENTER BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024 IN ACCORDANCE WITH FASB ASC TOPIC 740 "INCOME TAXES."</ExplanationTxt>
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        <ExplanationTxt>ZIVEN DRAKE RECEIVED COMPENSATION AND BENEFITS FROM THE NORTH ATLANTIC STATES CARPENTERS TRAINING FUND IN HER CAPACITY AS EXECUTIVE DIRECTOR OF THAT ORGANIZATION.</ExplanationTxt>
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        <ExplanationTxt>AS REQUIRED BY THE FUND'S POLICY AND BY ERISA, OFFICERS AND EMPLOYEES HAVE A CONTINUOUS OBLIGATION TO REPORT POTENTIAL CONFLICTS OF INTEREST.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. PARTICIPANTS MAY VIEW DOCUMENTS AT THE FUND OFFICE UPON REQUEST.</ExplanationTxt>
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