﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-10-23T16:05:17-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>760648208</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>CANADY &amp; CANADY P C</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>4707 INGERSOLL ST</AddressLine1>
        <City>HOUSTON</City>
        <State>TX</State>
        <ZIPCode>77027</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>010704374</EIN>
      <Name>
        <BusinessNameLine1>BENDERS LANDING PROPERTY OWNERS ASSOC</BusinessNameLine1>
        <BusinessNameLine2>C/O CHAPARRAL MANAGEMENT</BusinessNameLine2>
      </Name>
      <NameControl>BEND</NameControl>
      <Phone>2815370957</Phone>
      <USAddress>
        <AddressLine1>PO BOX 681007</AddressLine1>
        <City>HOUSTON</City>
        <State>TX</State>
        <ZIPCode>772681007</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ROD BOUFFARD</Name>
      <Title>PRESIDENT</Title>
      <Phone>2813890357</Phone>
      <DateSigned>2013-10-22</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>D Jeff Canady CPA</Name>
      <PTIN>P00132545</PTIN>
      <Phone>7137831021</Phone>
      <DatePrepared>2013-10-22</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="3">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>ROD BOUFFARD</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>3819 WATERBEND COVE</AddressLine1>
        <City>SPRING</City>
        <State>TX</State>
        <ZIPCode>77386</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>668627</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c typeOf501cOrganization="4">X</Organization501c>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2001</YearFormation>
      <StateLegalDomicile>TX</StateLegalDomicile>
      <ActivityOrMissionDescription>Promotion of social welfare and maintenance of the common areas</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>6</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>0</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalNbrVolunteers>6</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>0</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>0</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>545755</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>644321</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>2148</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>345</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>109153</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>23961</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>657056</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>668627</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>0</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>0</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>1141400</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>703026</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>1141400</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>703026</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>-484344</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>-34399</RevenuesLessExpensesCY>
      <TotalAssetsBOY>466109</TotalAssetsBOY>
      <TotalAssetsEOY>406520</TotalAssetsEOY>
      <TotalLiabilitiesBOY>695025</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>623499</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>-228916</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>-216979</NetAssetsOrFundBalancesEOY>
      <MissionDescription>Promotion of social welfare and maintenance of the common areas</MissionDescription>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>0</SignificantChange>
      <Expense>686052</Expense>
      <Description>MAINTAIN COMMON AREAS TO BENEFIT THE ENTIRE COMMUNITY.</Description>
      <TotalProgramServiceExpense>686052</TotalProgramServiceExpense>
      <DescribedIn501C3>0</DescribedIn501C3>
      <ScheduleBRequired>0</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">0</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">1</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">0</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">0</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">0</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">1</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">0</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">1</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinancialStmt>
      <School>0</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>0</ProfessionalFundraising>
      <FundraisingActivities>0</FundraisingActivities>
      <Gaming>0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <ExcessBenefitTransaction>0</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>0</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>0</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity>0</DisregardedEntity>
      <RelatedEntity>0</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <ActivitiesConductedPartnership>0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>0</NumberOfEmployees>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <QuidProQuoContributions>0</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>0</Form8282PropertyDisposedOf>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>6</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>0</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>0</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>1</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>1</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>0</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>0</DocumentRetentionPolicy>
      <CompensationProcessCEO>0</CompensationProcessCEO>
      <CompensationProcessOther>0</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>CHAPARRAL MANAGEMENT COMPANY</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>2815370957</TelephoneNumber>
        <AddressUS>
          <AddressLine1>6630 CYPRESSWOOD DR</AddressLine1>
          <City>SPRING</City>
          <State>TX</State>
          <ZIPCode>77379</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>ROD BOUFFARD</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JIMMY HINTZ</NamePerson>
        <Title>VICE-PRESIDENT</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BRUCE JOHNSON</NamePerson>
        <Title>SECRETARY</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TIM PLASEK</NamePerson>
        <Title>TREASURER</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PENNY BENBOW</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY DALTON</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>3.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>0</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <ProgramServiceRevenue>
        <Description>ASSESSMENTS</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>637221</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>637221</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>SPECIAL ASSESSMENTS</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>7100</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>7100</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>644321</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>345</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>345</RelatedOrExemptFunctionIncome>
      </InvestmentIncome>
      <OtherRevenueMisc>
        <Description>OTHER INCOME</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>16461</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>16461</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>FENCE FUND INCOME</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>7500</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>7500</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>23961</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>668627</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>668627</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalRevenue>
      <InfoInScheduleOPartIX>X</InfoInScheduleOPartIX>
      <FeesForServicesManagement>
        <Total>40805</Total>
        <ProgramServices>40805</ProgramServices>
      </FeesForServicesManagement>
      <Interest>
        <Total>16974</Total>
        <ManagementAndGeneral>16974</ManagementAndGeneral>
      </Interest>
      <Insurance>
        <Total>25478</Total>
        <ProgramServices>25478</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>CAPITAL IMPROVEMENTS</Description>
        <Total>207350</Total>
        <ProgramServices>207350</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LANDSCAPING</Description>
        <Total>137962</Total>
        <ProgramServices>137962</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LEGAL &amp; PROFESSIONAL</Description>
        <Total>128364</Total>
        <ProgramServices>128364</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>UTILITIES</Description>
        <Total>52485</Total>
        <ProgramServices>52485</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>93608</Total>
        <ProgramServices>93608</ProgramServices>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>703026</Total>
        <ProgramServices>686052</ProgramServices>
        <ManagementAndGeneral>16974</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>316825</BOY>
        <EOY>363460</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>0</BOY>
        <EOY>2325</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>39396</BOY>
        <EOY>21138</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>10707</BOY>
        <EOY>10707</EOY>
      </PrepaidExpensesDeferredCharges>
      <OtherAssetsTotal>
        <BOY>99181</BOY>
        <EOY>8890</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>466109</BOY>
        <EOY>406520</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>28700</BOY>
        <EOY>6133</EOY>
      </AccountsPayableAccruedExpenses>
      <MortNotesPyblSecuredInvestProp>
        <BOY>325000</BOY>
        <EOY>284809</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>341325</BOY>
        <EOY>332557</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>695025</BOY>
        <EOY>623499</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <CapStckTrstPrinCurrentFunds>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CapStckTrstPrinCurrentFunds>
      <PaidInCapSrplsLandBldgEqpFund>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </PaidInCapSrplsLandBldgEqpFund>
      <RetainedEarningsEndowmentEtc>
        <BOY>-228916</BOY>
        <EOY>-216979</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>-228916</BOY>
        <EOY>-216979</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>466109</BOY>
        <EOY>406520</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-34399</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>46336</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementSeparate>X</FinancialStatementSeparate>
      </FSAuditedBasis>
      <AuditCommittee>0</AuditCommittee>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <TotalOfBookValueLandBuildings>0</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>PREPAID ASSESSMENTS</Description>
        <Amount>156645</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>CONTRUCTION DEPOSIT</Description>
        <Amount>86175</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>DEFERRED SPECIAL ASSESSMENT REVENUE</Description>
        <Amount>89737</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>332557</TotalOfAmounts>
      <TotRevenueEtcAuditedFinclStmt>668627</TotRevenueEtcAuditedFinclStmt>
      <RevenueNotRptdF990>0</RevenueNotRptdF990>
      <RevenueSubtotal>668627</RevenueSubtotal>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>668627</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>703026</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>703026</ExpensesSubtotal>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>703026</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section A, line 6</ReturnReference>
        <Explanation>MEMBERSHIP IS AUTOMATIC UPON PURCHASE OF A LOT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section B, line 11</ReturnReference>
        <Explanation>TAX RETURN IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section C, line 19</ReturnReference>
        <Explanation>THE ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS AT THE MANAGEMENT OFFICE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>All Other Functional Expenses</Identifier>
        <ReturnReference>Form 990, Part IX, line 24e</ReturnReference>
        <Explanation>ADMINISTRATIVE: Program service expenses 34805. Management and general expenses 0. Fundraising expenses 0. Total expenses 34805. MISCELLANEOUS: Program service expenses 29376. Management and general expenses 0. Fundraising expenses 0. Total expenses 29376. REPAIR AND MAINTENANCE: Program service expenses 24144. Management and general expenses 0. Fundraising expenses 0. Total expenses 24144. AMENITIES: Program service expenses 5283. Management and general expenses 0. Fundraising expenses 0. Total expenses 5283.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Changes in Net Assets or Fund Balances:</Identifier>
        <ReturnReference>Form 990, Part XI, line 9:</ReturnReference>
        <Explanation>PRIOR YEAR ADJUSTMENTS 46336.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>