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      <FollowSFAS117>X</FollowSFAS117>
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      <ReconcilationRevenueExpenses>30852</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>true</AccountantCompileOrReview>
      <FSAudited>false</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
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        <CurrentTaxYearMinus2Years>30190</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>17967</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>119139</CurrentTaxYear>
        <Total>199581</Total>
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      <GrossReceiptsFromAdmissions>
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        <CurrentTaxYearMinus3Years>560158</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>617373</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>741958</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>109664</CurrentTaxYear>
        <Total>2275403</Total>
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      <Total509>
        <CurrentTaxYearMinus4Years>249635</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>589058</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>647563</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>759925</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>228803</CurrentTaxYear>
        <Total>2474984</Total>
      </Total509>
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        <CurrentTaxYear>4045</CurrentTaxYear>
        <Total>4045</Total>
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        <CurrentTaxYear>4045</CurrentTaxYear>
        <Total>4045</Total>
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      <PublicSupportTotal509>2470939</PublicSupportTotal509>
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        <CurrentTaxYearMinus4Years>558</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>104</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>149</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>162</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>106</CurrentTaxYear>
        <Total>1079</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>558</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>104</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>149</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>162</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>106</CurrentTaxYear>
        <Total>1079</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
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        <CurrentTaxYearMinus3Years>589162</CurrentTaxYearMinus3Years>
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        <CurrentTaxYearMinus1Year>760087</CurrentTaxYearMinus1Year>
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        <Total>2476063</Total>
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      <PublicSupportPercentage509>0.99790</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.99960</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
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        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
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      <DisclosedForCharitablePurposes>false</DisclosedForCharitablePurposes>
      <WrittenPolicyMonitoring>false</WrittenPolicyMonitoring>
      <Sect170hRequirementsSatisfied>false</Sect170hRequirementsSatisfied>
      <SolicitedAssetsForSale>false</SolicitedAssetsForSale>
      <AgentTrusteeEtc>false</AgentTrusteeEtc>
      <IncludedOnFS>false</IncludedOnFS>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>178493</OtherCostOrOtherBasis>
        <Depreciation>7697</Depreciation>
        <BookValue>170796</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>170796</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>ACCRUED PAYROLL AND RELATED TAXES</Description>
        <Amount>5204</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>SECURITY DEPOSITS</Description>
        <Amount>1550</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>6754</TotalOfAmounts>
      <Form990ScheduleDPartXIV>
        <Identifier>LIABILITY UNDER FIN 48 FOOTNOTE</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 3, PART X</ReturnReference>
        <Explanation>THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION, OF WHICH THERE WERE NONE IN 2011 AND 2010, ARE RECORDED AS MANAGEMENT AND GENERAL IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES.</Explanation>
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    </IRS990ScheduleD>
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      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>DEVELOP AFFORDABLE HOUSING IN SUMMIT COUNTY FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. THIS IS ACCOMPLISHED BY WAY OF HOMEOWNERSHIP, LEASE/PURCHASE, LEAD ABATEMENT, REHABILITATION, INSTALLING ENERGY EFFICIENT APPLIANCES, WEATHERIZING, ACCEPTING DONATED HOUSES AND DEVELOPING A RENTAL PROGRAM. NAZARETH HOUSING DEVELOPMENT CORPORATION (ORGINIZATION) EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGINIZATION ARE PROVIDED IN A MANNER THAT SUPOORTS AND ENCOURAGES SELF-RESPECT, DIGNITY, AND SELF-SUFFICIENCY AMONG THOSE SERVED. OUR VISION IS THAT ALL PEOPLE WILL LIVE IN HOUSING THAT IS ADEQUATE TO THEIR NEEDS, AFFORDABLE TO THEIR INCOMES, AND SATISFYING TO THEIR PRIDE. OUR VISION IS THAT BY ELIMINATING BLIGHTED AND INADEQUATE HOUSING AND REPLACING IT WITH SAFE, WELL CONSTRUCTED, NEW AND REHABILITATED HOMES, WE WILL BE PLANTING THE SEEDS THAT WILL HELP GIVE REBIRTH AND REVITALIZATION TO THOSE NEIGHBORHOODS AFFECTED. OUR VISION IS THAT THOSE NEIGHBORHOODS WILL BECOME THE SEEDS THAT REVITALIZE THE CITY AND COUNTY, BY REVITALIZING AND RE-ENERGIZING THE PEOPLE WHO HAVE BEEN HELPED. OUR DREAM IS THAT THOSE PEOPLE, REVITALIZED NOW BY THE SATISFACTION OF ONE OF HUMANITY'S MOST BASIC NEEDS, HOUSING, WILL THEMSELVES DREAM...AND REACH THEIR FULL POTENTIAL AS HUMAN BEINGS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ALL OTHER ACCOMPLISHMENT DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4D</ReturnReference>
        <Explanation>ASSIST CLIENTS WITH CREDIT-READINESS AND OTHER ASPECTS OF FINANCIAL LITERACY. 12,633 EXPAND OUR RESOURCES AND OUR SUPPORT BY UTILIZING VOLUNTEERS. 8,843 MAKE HOMES ACESSIBLE FOR CLIENTS WITH MOBILITY ISSUES. 8,843 BUILD NEW CONSTRUCTION HOMES WHEN FINANCIALLY FEASIBLE. -0-</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNATURE AND FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>ALL POTENTIAL CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>BOARD REVIEWS COMPENSATION PACKAGE FOR KEY EMPLOYEES AND COMPARES TO SIMILIAR ORGANIZATIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>BOARD REVIEWS COMPENSATION PACKAGE FOR KEY EMPLOYEES AND COMPARES TO SIMILIAR ORGANIZATIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>PROVIDED UPON WRITTEN REQUEST.</Explanation>
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</Return>