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    <Timestamp>2014-07-03T09:30:56-05:00</Timestamp>
    <TaxPeriodEndDate>2013-08-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>232921855</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>DISERAFINO QUINN &amp; CO LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>41 PAOLI PLAZA SUITE C</AddressLine1>
        <City>PAOLI</City>
        <State>PA</State>
        <ZIPCode>19301</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-09-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>020569145</EIN>
      <Name>
        <BusinessNameLine1>PAOLI BUSINESS &amp; PROFESSIONAL ASSOCIATION</BusinessNameLine1>
      </Name>
      <NameControl>PAOL</NameControl>
      <Phone>6107258456</Phone>
      <USAddress>
        <AddressLine1>PO BOX 550</AddressLine1>
        <City>PAOLI</City>
        <State>PA</State>
        <ZIPCode>19301</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ANDY WILSON</Name>
      <Title>TREASURER</Title>
      <Phone>6107258456</Phone>
      <DateSigned>2014-07-03</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>ROBERT S DISERAFINO JR CPA</Name>
      <PTIN>P00173704</PTIN>
      <Phone>6106447052</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
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    <IRS990EZ documentId="RetDoc1234200001" referenceDocumentId="RetDoc1051800001 RetDoc2278000001">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>PAOLIBUSINESSASSCIATION.COM</WebSite>
      <Organization501c typeOf501cOrganization="6">X</Organization501c>
      <GrossReceipts>19859</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <MembershipDues>14194</MembershipDues>
      <OtherRevenueTotal>5665</OtherRevenueTotal>
      <TotalRevenue>19859</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>5685</GrantsAndSimilarAmountsPaid>
      <OtherExpensesTotal>9263</OtherExpensesTotal>
      <TotalExpenses>14948</TotalExpenses>
      <ExcessOrDeficitForYear>4911</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>12124</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>0</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>17035</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>12124</BOY>
        <EOY>17035</EOY>
      </CashSavingsAndInvestments>
      <TotalAssets>
        <BOY>12124</BOY>
        <EOY>17035</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>12124</BOY>
        <EOY>17035</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>TO PROMOTE, GROW &amp; SUSTAIN A DIVERSE AND HEALTHY BUSINEES COMMUNITY.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>PAOLI VETERANS MEMORIAL</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>1182</GrantsAndAllocations>
        <ProgramServiceExpenses>0</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>PAOLI BLUES FEST</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>1700</GrantsAndAllocations>
        <ProgramServiceExpenses>0</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>FRONT PORCH TRUST</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>830</GrantsAndAllocations>
        <ProgramServiceExpenses>0</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DEBBIE CORNELL NAUGHTON</PersonName>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JUDY HUEY</PersonName>
        <Title>VP</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JAY M LEVIN ESQUIRE</PersonName>
        <Title>VP</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>BRAD ZERR</PersonName>
        <Title>VP</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>LINDA GOLDSTEIN</PersonName>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>ANDY WILSON</PersonName>
        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>0</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>0</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>0</OrganizationHadUBI>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <OrganizationDissolvedEtc>0</OrganizationDissolvedEtc>
      <DirectIndirectPoliticalExpend>0</DirectIndirectPoliticalExpend>
      <MadeLoansToFromOfficers>0</MadeLoansToFromOfficers>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>ANDY WILSON</BusinessNameLine1>
        </NameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 550</AddressLine1>
          <City>PAOLI</City>
          <State>PA</State>
          <ZIPCode>19301</ZIPCode>
        </AddressUS>
        <TelephoneNumber>6106447052</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>0</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>0</DoesOrgHaveHospital>
      <TanningServicesProvided>0</TanningServicesProvided>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>0</EngagePoliticalCmpgnActivities>
    </IRS990EZ>
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      <GeneralExplanation>
        <Identifier>OTHER REVENUE</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 8</ReturnReference>
        <Explanation>DESCRIPTION: BANNERS. AMOUNT: 375. DESCRIPTION: SPEACIAL EVENTS. AMOUNT: 5,290. TOTAL TO FORM 990-EZ, LINE 8: 5,665.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>DESCRIPTION: EVENT EXPENSES. AMOUNT: 4,256. DESCRIPTION: ADVERTISING EXPENSE. AMOUNT: 100. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,576. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 105. DESCRIPTION: MEETING/LUNCHES. AMOUNT: 1,481. DESCRIPTION: MEETING COSTS. AMOUNT: 1,159. DESCRIPTION: WEBSITE. AMOUNT: 586. TOTAL TO FORM 990-EZ, LINE 16: 9,263.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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      <Declaration>THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.</Declaration>
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