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        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES ADVERTISING AND PROMOTION 721 OFFICE SUPPLIES 598 D &amp; O INSURANCE 393 BANK SERVICE CHARGE 826 BOARD EXPENSES 1,382 DUES &amp; SUBSCRIPTIONS 12,232 MEETING EXPENSES 30,325 WEBSITE MAINTENANCE 2,488 TOTAL 48,965</ExplanationTxt>
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        <ExplanationTxt>THE ASSOCIATION IS A NON-PROFIT ORGANIZATION DEDICATED TO THE PROFESSIONAL ADVANCEMENT OF THE APARTMENT INDUSTRY IN CENTRAL ARKANSAS. THE ORGANIZATIONS GOAL IS TO PROMOTE HEIGHTENED PROFESSIONALISM THROUGH EDUCATION, LEGISLATION, AND THE APARTMENT COMMUNITY.</ExplanationTxt>
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        <ExplanationTxt>THE ARKANSAS APARTMENT ASSOCIATION, INC. IS A NON-PROFIT ORGANIZATION DEDICATED TO THE PROFESSIONAL ADVANCEMENT OF THE APARTMENT INDUSTRY IN CENTRAL ARKANSAS. IT IS A COALITION OF LOCAL APARTMENT COMMUNITY OWNER/OPERATORS, MANAGEMENT COMPANIES, VENDORS/SUPPLIERS, AND REAL ESTATE COMPANIES.</ExplanationTxt>
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