﻿<?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="2013v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-12-23T04:55:55-00:00</ReturnTs>
    <TaxPeriodEndDt>2014-05-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>LILLIE AGUERO &amp; ASSOCIATES</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>620 S GRAY ST</AddressLine1>
        <City>KILLEEN</City>
        <State>TX</State>
        <ZIPCode>76541</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-06-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>742308985</EIN>
      <BusinessName>
        <BusinessNameLine1>APARTMENT ASSOCIATION OF CENTRAL TEXAS</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>APAR</BusinessNameControlTxt>
      <PhoneNum>2549395655</PhoneNum>
      <USAddress>
        <AddressLine1>1920 NORTH MAIN</AddressLine1>
        <City>BELTON</City>
        <State>TX</State>
        <ZIPCode>76513</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CARRIE CURRY</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <SignatureDt>2014-12-23</SignatureDt>
      <DiscussWithPaidPreparerInd>false</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>LILLIE AGUERO</PreparerPersonNm>
      <PhoneNum>2545548736</PhoneNum>
      <PreparationDt>2014-12-23</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990EZ documentId="990EZ" softwareId="13000230" softwareVersion="13.6.0.0">
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>WWW.AACTONLINE.ORG</WebsiteAddressTxt>
      <Organization501cInd organization501cTypeTxt="6">X</Organization501cInd>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>182538</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ProgramServiceRevenueAmt>24267</ProgramServiceRevenueAmt>
      <MembershipDuesAmt>61049</MembershipDuesAmt>
      <InvestmentIncomeAmt>880</InvestmentIncomeAmt>
      <FundraisingGrossIncomeAmt fndrsngEventContriPrevRptAmt="42300" referenceDocumentId="990G">42300</FundraisingGrossIncomeAmt>
      <SpecialEventsDirectExpensesAmt>34472</SpecialEventsDirectExpensesAmt>
      <SpecialEventsNetIncomeLossAmt>7828</SpecialEventsNetIncomeLossAmt>
      <GrossSalesOfInventoryAmt>54042</GrossSalesOfInventoryAmt>
      <CostOfGoodsSoldAmt>13027</CostOfGoodsSoldAmt>
      <GrossProfitLossSlsOfInvntryAmt>41015</GrossProfitLossSlsOfInvntryAmt>
      <TotalRevenueAmt>135039</TotalRevenueAmt>
      <BenefitsPaidToOrForMembersAmt>16508</BenefitsPaidToOrForMembersAmt>
      <SalariesOtherCompEmplBnftAmt>50883</SalariesOtherCompEmplBnftAmt>
      <FeesAndOtherPymtToIndCntrctAmt>935</FeesAndOtherPymtToIndCntrctAmt>
      <OccupancyRentUtltsAndMaintAmt>11589</OccupancyRentUtltsAndMaintAmt>
      <PrintingPublicationsPostageAmt>12377</PrintingPublicationsPostageAmt>
      <OtherExpensesTotalAmt>51747</OtherExpensesTotalAmt>
      <TotalExpensesAmt>144039</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>-9000</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>143839</NetAssetsOrFundBalancesBOYAmt>
      <OtherChangesInNetAssetsAmt>-471</OtherChangesInNetAssetsAmt>
      <NetAssetsOrFundBalancesEOYAmt>134368</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIInd>X</InfoInScheduleOPartIIInd>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>135818</BOYAmt>
        <EOYAmt>124873</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <OtherAssetsTotalDetail>
        <BOYAmt>20185</BOYAmt>
        <EOYAmt>21866</EOYAmt>
      </OtherAssetsTotalDetail>
      <Form990TotalAssetsGrp>
        <BOYAmt>156003</BOYAmt>
        <EOYAmt>146739</EOYAmt>
      </Form990TotalAssetsGrp>
      <SumOfTotalLiabilitiesGrp>
        <BOYAmt>12164</BOYAmt>
        <EOYAmt>12371</EOYAmt>
      </SumOfTotalLiabilitiesGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>143839</BOYAmt>
        <EOYAmt>134368</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <PrimaryExemptPurposeTxt>PROVIDE CONTINUING EDUCATION RESEARCH EDUCATION, DUES PUBLICATIONS</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>PRIOVIDE CONTINUING EDUCATION RESEARCH EDUCATION FOR MEMBERS THAT ARE IN THE REAL ESTATE BUSINESS.</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>14292</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>GOLF TOURNAMENT FUNDRAISER</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>9456</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>TRADE SHOW - ALL REALTORS IN OUR AREA ARE INCLUDED</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>5052</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>28800</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CARRIE CURRY</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>003.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JOLENE BRINDLE</PersonNm>
        <TitleTxt>VICE-PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>003.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CRYSTAL HENNIG</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>003.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>KAYLA CLAYTON</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>003.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CHRISTENA CREEL</PersonNm>
        <TitleTxt>OFFICE MGR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>040.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>50883</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <OrganizationFiled990TInd>false</OrganizationFiled990TInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <BooksInCareOfDetail>
        <PersonNm>APARTMENT ASSOC OF CENTRAL TEXAS</PersonNm>
        <USAddress>
          <AddressLine1>1920 NORTH MAIN STREET</AddressLine1>
          <City>BELTON</City>
          <State>TX</State>
          <ZIPCode>76513</ZIPCode>
        </USAddress>
        <PhoneNum>2549395655</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="990A" softwareId="13000230" softwareVersion="13.6.0.0">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <PublicSupportTotal170Amt>0</PublicSupportTotal170Amt>
      <PublicSupportCY170Pct>0.00000</PublicSupportCY170Pct>
      <PrivateFoundation170Ind>X</PrivateFoundation170Ind>
      <Total509Grp>
        <TotalAmt>0</TotalAmt>
      </Total509Grp>
      <PublicSupportTotal509Amt>0</PublicSupportTotal509Amt>
      <GrossInvestmentIncome509Grp>
        <TotalAmt>0</TotalAmt>
      </GrossInvestmentIncome509Grp>
      <Post1975UBTIGrp>
        <TotalAmt>0</TotalAmt>
      </Post1975UBTIGrp>
      <NetIncomeFromOtherUBIGrp>
        <TotalAmt>0</TotalAmt>
      </NetIncomeFromOtherUBIGrp>
      <OtherIncome509Grp>
        <TotalAmt>0</TotalAmt>
      </OtherIncome509Grp>
      <TotalSupportCalendarYearGrp>
        <TotalAmt>0</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <PublicSupportCY509Pct>0.00000</PublicSupportCY509Pct>
      <InvestmentIncomeCYPct>0.00000</InvestmentIncomeCYPct>
      <PrivateFoundation509Ind>X</PrivateFoundation509Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleG documentId="990G" softwareId="13000230" softwareVersion="13.6.0.0">
      <SpecialFundraisingEventsInd>X</SpecialFundraisingEventsInd>
      <AgrmtProfFundraisingActyInd>false</AgrmtProfFundraisingActyInd>
      <FundraiserActivityInfoGrp>
        <PersonNm>FUNDRAISING</PersonNm>
        <GrossReceiptsAmt>42300</GrossReceiptsAmt>
        <RetainedByContractorAmt>34472</RetainedByContractorAmt>
        <NetToOrganizationAmt>7828</NetToOrganizationAmt>
      </FundraiserActivityInfoGrp>
      <TotalGrossReceiptsAmt>42300</TotalGrossReceiptsAmt>
      <TotalRetainedByContractorsAmt>34472</TotalRetainedByContractorsAmt>
      <TotalNetToOrganizationAmt>7828</TotalNetToOrganizationAmt>
      <FundraisingEventInformationGrp>
        <NameOfEvent1Amt>GOLF TOUR</NameOfEvent1Amt>
        <GrossReceiptsEvent1Amt>9673</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>9673</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>9456</OtherDirectExpensesEvent1Amt>
        <NameOfEvent2Amt>TRADE SHOW</NameOfEvent2Amt>
        <GrossReceiptsEvent2Amt>5297</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>5297</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>5052</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>1</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>27330</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>27330</GrossRevenueOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>19663</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>42300</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>42300</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>34171</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>34171</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>8129</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="990O" softwareId="13000230" softwareVersion="13.6.0.0">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>Travel 12,959</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>Equipment rental and maintenance 660</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>BANK SERVICE FEES 1,139</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>DUES 27,752</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>CHARITY 250</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>INSURANCE 1,222</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>INTERNET WEBSITE 4,731</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>TAXES, PROPERTY 192</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>MISCELLANEOUS 361</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 16, Other Expenses</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICE SUPPLIES 2,481</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part I, Line 20, Net Assets</FormAndLineReferenceDesc>
        <ExplanationTxt>NONE DEDUCTIBLE POLITICAL INCOME EXPENSE -471</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 24, Other Assets</FormAndLineReferenceDesc>
        <ExplanationTxt>ACCOUNTS RECEIVABLE Beginning of year 0, End of year 907</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 24, Other Assets</FormAndLineReferenceDesc>
        <ExplanationTxt>INVENTORY Beginning of year 0, End of year 9,478</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 24, Other Assets</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER ASSET Beginning of year 0, End of year 11,481</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 26, Liabilities</FormAndLineReferenceDesc>
        <ExplanationTxt>BUILDING FUND ESCROW Beginning of year 0, End of year 2,500</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 26, Liabilities</FormAndLineReferenceDesc>
        <ExplanationTxt>EDUCATION SCHOLARSHIP FUND Beginning of year 0, End of year 7,283</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 26, Liabilities</FormAndLineReferenceDesc>
        <ExplanationTxt>PAYROLL TAX LIABILITY Beginning of year 0, End of year 2,134</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990-EZ, Part II, Line 26, Liabilities</FormAndLineReferenceDesc>
        <ExplanationTxt>SALES TAX LIABILITY Beginning of year 0, End of year 454</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="990EZ:50" softwareId="13000230" softwareVersion="13.6.0.0"></CompensationExplanation>
  </ReturnData>
</Return>