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        <BookValueAmt>458903</BookValueAmt>
      </BuildingsGrp>
      <TotalBookValueLandBuildingsAmt>458903</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>INTERFUND PAYABLE</Desc>
      </OtherLiabilitiesOrgGrp>
      <TotalRevEtcAuditedFinclStmtAmt>4380323</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>4380323</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>4380323</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>4328521</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>4328521</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>4328521</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Officer directors etc family relationship Part VI line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>During the development period board members can be appointed by the Developer until owners take control of the Association</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Management duties delegation Part VI line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>Association employs services of a managing agent for daily operations, accounting and collection and compliance services and maintenance oversight at the direction of the board.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Members or stockholder classes and rights Part VI line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>Each property owner is a voting member of the Association</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Member election for additional members Part VI line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>Board of directors is elected by the membership</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing body decisions Part VI line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>Changes to by-laws require a membership vote</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990 is provided to board for review, discussion and approval before signing and submission</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Prospective board candidates are inteviewed and possible conflicts discussed before approval given</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Governing documents are available on the web site, upon purchase of propertyy within the association and from the management office upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>List of other expenses Part IX line 24e</FormAndLineReferenceDesc>
        <ExplanationTxt>Other expensesCommunity Activities 85,410Miscelleanous 1,955Princeton Park expense 42,941Talon Ridge expense 195,808Credit losses 33,602 Property taxes 1,272 ---- ---------Total 360,988</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>