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        <ExclusionAmt>3872</ExclusionAmt>
      </InvestmentIncomeGrp>
      <FundraisingGrossIncomeAmt>69177</FundraisingGrossIncomeAmt>
      <FundraisingDirectExpensesAmt>32502</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>36675</TotalRevenueColumnAmt>
        <ExclusionAmt>36675</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <OtherRevenueMiscGrp>
        <Desc>MISCELLANEOUS INCOME</Desc>
        <BusinessCd>812900</BusinessCd>
        <TotalRevenueColumnAmt>4504</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>4504</RelatedOrExemptFuncIncomeAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueTotalAmt>4504</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>370624</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>160167</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>40547</ExclusionAmt>
      </TotalRevenueGrp>
      <InfoInScheduleOPartIXInd>X</InfoInScheduleOPartIXInd>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>84576</TotalAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>50731</TotalAmt>
      </OtherSalariesAndWagesGrp>
      <PayrollTaxesGrp>
        <TotalAmt>10678</TotalAmt>
      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>6728</TotalAmt>
      </FeesForServicesAccountingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>22806</TotalAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>13344</TotalAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
        <TotalAmt>24320</TotalAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>21068</TotalAmt>
      </TravelGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>699</TotalAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>4049</TotalAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>FEDERAL INCOME TAXES</Desc>
        <TotalAmt>1200</TotalAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>MEMBERSHIP EXPENSES</Desc>
        <TotalAmt>50461</TotalAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>CROWNE EXCELLENCE</Desc>
        <TotalAmt>33726</TotalAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EDUCATION</Desc>
        <TotalAmt>18374</TotalAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>25367</TotalAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>368127</TotalAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>32758</BOYAmt>
        <EOYAmt>15204</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>110309</BOYAmt>
        <EOYAmt>130060</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <ReceivablesFromOfficersEtcGrp>
        <EOYAmt>647</EOYAmt>
      </ReceivablesFromOfficersEtcGrp>
      <LandBldgEquipCostOrOtherBssAmt>34372</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>33322</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>1749</BOYAmt>
        <EOYAmt>1050</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>1350</BOYAmt>
        <EOYAmt>1350</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>146166</BOYAmt>
        <EOYAmt>148311</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>463</BOYAmt>
        <EOYAmt>111</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>463</BOYAmt>
        <EOYAmt>111</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <CapStkTrPrinCurrentFundsGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </CapStkTrPrinCurrentFundsGrp>
      <PdInCapSrplsLandBldgEqpFundGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </PdInCapSrplsLandBldgEqpFundGrp>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>145703</BOYAmt>
        <EOYAmt>148200</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>145703</BOYAmt>
        <EOYAmt>148200</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>146166</BOYAmt>
        <EOYAmt>148311</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>2497</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleC documentId="RetDoc1039700001">
      <SubstantiallyAllDuesNondedInd>0</SubstantiallyAllDuesNondedInd>
      <OnlyInHouseLobbyingInd>0</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>0</AgreeCarryoverPriorYearInd>
      <DuesAssessmentsAmt>131810</DuesAssessmentsAmt>
      <NonDeductibleLbbyngPltclCYAmt>20964</NonDeductibleLbbyngPltclCYAmt>
      <NonDeductibleLbbyngPltclTotAmt>20964</NonDeductibleLbbyngPltclTotAmt>
      <AggregateReportedDuesNtcAmt>20964</AggregateReportedDuesNtcAmt>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>23135</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>23135</DepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>11237</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>10187</DepreciationAmt>
        <BookValueAmt>1050</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>1050</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <FundraisingEventInformationGrp>
        <Event1Nm>MONTE CARLO</Event1Nm>
        <GrossReceiptsEvent1Amt>26295</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>26295</GrossRevenueEvent1Amt>
        <NonCashPrizesEvent1Amt>911</NonCashPrizesEvent1Amt>
        <FoodAndBeverageEvent1Amt>5138</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>6050</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>117</OtherDirectExpensesEvent1Amt>
        <Event2Nm>KEENELAND</Event2Nm>
        <GrossReceiptsEvent2Amt>25497</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>25497</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>15529</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>3</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>17385</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>17385</GrossRevenueOtherEventsAmt>
        <RentFcltyCostsOtherEventsAmt>1272</RentFcltyCostsOtherEventsAmt>
        <FoodAndBeverageOtherEventsAmt>2048</FoodAndBeverageOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>1437</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>69177</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>69177</GrossRevenueTotalEventsAmt>
        <NonCashPrizesTotalEventsAmt>911</NonCashPrizesTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>1272</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>7186</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>6050</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>17083</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>32502</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>36675</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>JENNIFER J WILSON</PersonNm>
        <RelationshipWithOrgTxt>EXEC DIRECTOR</RelationshipWithOrgTxt>
        <LoanPurposeTxt>ADVANCE</LoanPurposeTxt>
        <LoanFromOrganizationInd>X</LoanFromOrganizationInd>
        <OriginalPrincipalAmt>647</OriginalPrincipalAmt>
        <BalanceDueAmt>647</BalanceDueAmt>
        <DefaultInd>0</DefaultInd>
        <BoardOrCommitteeApprovalInd>0</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>0</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <TotalBalanceDueAmt>647</TotalBalanceDueAmt>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>OWNER/REPRESENTATIVE MEMBERSHIP - INDIVIDUALS, COMPANIES, FIRMS, OR CORPORATIONS WHOSE BUSINESS IS THE CONSTRUCTION, RECONSTRUCTION, OWNERSHIP, OR MANAGEMENT OF RESIDENTIAL RENTAL PROPERTIES ASSOCIATE MEMBERSHIP - VENDOR OF GOODS AND/OR SERVICES TO THE ASSOCIATION OWNERS AND REPRESENTATIVES HONORARY MEMBERSHIP - THOSE PERSONS OR ENTITIES WHOM THE BOARD OF DIRECTORS MAY SELECT</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL MEMBERS IN GOOD STANDING SHALL HAVE THE RIGHT TO VOTE. ASSOCIATE MEMBERS SHALL BE ENTITLED TO ONE (1) VOTE PER MEMBER. OWNER/REPRESENTATIVE MEMBERS SHALL BE ENTITLED TO ONE (1) VOTE FOR EACH 200 RENTAL DWELLING UNITS OWNED OR MANAGED BY SAID MEMBER, WITH A MAXIMUM OF FIVE (5) VOTES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS OF THE ASSOCIATION PRESENT AND IN GOOD STANDING AT THE ANNUAL ELECTION MEETING SHALL ELECT ALL ASSOCIATION OFFICERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
        <ExplanationTxt>TRADE SHOW 10,001. MONTHLY MEETING EXPENSES 5,461. MEALS AND ENTERTAINMENT 2,731. STORAGE RENTAL 2,106. BOARD EXPENSE 1,814. MANAGERS KEY COUNCIL EXPENSES 1,327. CONFERENCE REGISTRATION 1,288. STAFF RECRUITMENT 504. PROPERTY TAX 69. ADMINISTRATIVE 66.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>