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        <BookValueAmt>179059</BookValueAmt>
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        <Desc>PAYROLL LIABILITIES</Desc>
        <Amt>4158</Amt>
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      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
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      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE POLICY IS INCLUDED IN VARIOUS NEWSPAPER ADVERTISEMENTS AND BROCHURES DISTRIBUTED TO PROSPECTIVE FAMILIES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="RetDoc5">
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        <ValuationMethodUsedDesc>COST</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>TUITION DISCOUN</NonCashAssistanceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 1, PART I, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>EAGLE CREEK EDUCATION FUND PROVIDES TUITION DISCOUNTS/SCHOLARSHIPS FOR THREE REASONS: GRADE LEVEL SCHOLARSHIPS: TO QUALITY FOR THE GRADE LEVEL SCHOLARSHIPS, THE FAMILY MUST BE NEW TO EAGLE CREEK AND THE STUDENT MUST BE ENTERING KINDERGARTEN THROUGH 8TH GRADE. MERIT SCHOLARSHIPS: TO QUALITY FOR MERIT SCHOLARSHIPS, A STUDENT MUST HAVE STANDARDIZED TEST SCORES IN THE 90TH PERCENTILE WITH A 3.85 GPA, BE INVOLVED WITH COMMUNITY SERVICES, BE A LEADER OR EXCEL IN MUSIC, ART, DRAMA, CHESS, SPORTS ETC AND ARE BASED ON ETHNIC OR RACIAL DIVERSITY, LIFE EXPERIENCES AND FLUENCY IN TWO OR MORE LANGUAGES. FIANANCIAL NEED SCHOLARSHIPS: DECISION FOR SCHOLARSHIPS ARE BASED ON THE AMOUNT OF NEED, THE AMOUNT OF MONEY IN THE SCHOLARSHIP FUND AND SPECIAL SITUATIONS. STUDENTS MAY BE ELIGIBLE FOR TUITION DISCOUNTS/SCHOLARSHIPS IN SUBSEQUENT ACADEMIC YEARS IF THEY CONTINUE TO MEET THE REQUIREMENTS OUTLINED ABOVE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 4, PART IV</FormAndLineReferenceDesc>
        <ExplanationTxt>SEE SCHEDULE I SUPPLEMENTAL INFORMATION WORKSHEET</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
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        <PersonNm>CATHERINE RONDEAU</PersonNm>
        <LoanPurposeTxt>MORTGAGE</LoanPurposeTxt>
        <LoanToOrganizationInd>X</LoanToOrganizationInd>
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        <BalanceDueAmt>14472275</BalanceDueAmt>
        <DefaultInd>true</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>true</WrittenAgreementInd>
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      <LoansBtwnOrgInterestedPrsnGrp>
        <BusinessName>
          <BusinessNameLine1Txt>EAGLE CREEK DEVELOPMENT COMPANY</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>RENT PAYABLE</BusinessNameLine2Txt>
        </BusinessName>
        <LoanPurposeTxt>RENT PAYABLE</LoanPurposeTxt>
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        <OriginalPrincipalAmt>3214529</OriginalPrincipalAmt>
        <BalanceDueAmt>2110349</BalanceDueAmt>
        <DefaultInd>true</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 CATHERINE J. HAMMOND REVIEWS THE ANNUAL FORM 990 IN ORDER TO ANSWER ANY QUESTIONS THE BOARD MAY HAVE REGARDING THE TAX RETURN. THE BOARD IS PRESENTED A COPY FOR FORM 990 FOR REVIEW AND APPROVAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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    </IRS990ScheduleO>
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</Return>
