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    <Timestamp>2013-08-15T07:59:48-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
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        <BusinessNameLine1>Kohlman Bierschbach &amp; Anderson LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>210 East Grand Crossing</AddressLine1>
        <City>Mobridge</City>
        <State>SD</State>
        <ZIPCode>576010460</ZIPCode>
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    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>363813692</EIN>
      <Name>
        <BusinessNameLine1>Timber Lake and Area Development Inc</BusinessNameLine1>
      </Name>
      <NameControl>TIMB</NameControl>
      <Phone>6058483099</Phone>
      <USAddress>
        <AddressLine1>PO Box 194</AddressLine1>
        <City>Timber Lake</City>
        <State>SD</State>
        <ZIPCode>57656</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Wade Bollinger</Name>
      <Title>President</Title>
      <DateSigned>2013-08-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Angela K Thompson</Name>
      <PTIN>P00764306</PTIN>
      <Phone>6058453658</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <WebSite>N/A</WebSite>
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      <GrossReceipts>194430</GrossReceipts>
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      <ContributionsGiftsGrantsEtc>59087</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>134595</ProgramServiceRevenue>
      <InvestmentIncome>6</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <FundraisingGrossIncome>742</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>750</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>-8</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <TotalRevenue>193680</TotalRevenue>
      <SalariesOtherCompEmplBenefits>63117</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>10265</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>13517</OccupancyRentUtilitiesAndMaint>
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      <TotalExpenses>126186</TotalExpenses>
      <ExcessOrDeficitForYear>67494</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>162125</NetAssetsOrFundBalancesBOY>
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      <NetAssetsOrFundBalancesEOY>239389</NetAssetsOrFundBalancesEOY>
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      <CashSavingsAndInvestments>
        <BOY>68162</BOY>
        <EOY>83926</EOY>
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      <LandAndBuildings>
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        <EOY>357988</EOY>
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        <EOY>239389</EOY>
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      <PrimaryExemptPurpose>Promote economic development in rural area</PrimaryExemptPurpose>
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        <DescriptionProgramServiceAccom>Purchased and renovated apartment building for low income, elderly, and disabled persons within the community. There are eight units in the building.</DescriptionProgramServiceAccom>
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      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Opened a community daycare facility. This facility is open to all persons and provides much needed daycare services in the area - capacity 20 children.</DescriptionProgramServiceAccom>
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        <PersonName>Barbara Gross</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Jean Tehle</PersonName>
        <Title>Director</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Doug Scott</PersonName>
        <Title>Director</Title>
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        <PersonName>Corrine Huber</PersonName>
        <Title>Treasurer</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Joe Scherer</PersonName>
        <Title>Vice President</Title>
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        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Wade Bollinger</PersonName>
        <Title>President</Title>
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        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Justine Kougl</PersonName>
        <Title>Secretary</Title>
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        <Compensation>0</Compensation>
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      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
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      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
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      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
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      <TheBooksAreInCareOf>
        <NamePerson>Corrine Huber</NamePerson>
        <AddressUS>
          <AddressLine1>PO Box 194</AddressLine1>
          <City>Timber Lake</City>
          <State>SD</State>
          <ZIPCode>57656</ZIPCode>
        </AddressUS>
        <TelephoneNumber>6058483099</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <Form720Filed>false</Form720Filed>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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        <CurrentTaxYearMinus2Years>15329</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>12278</CurrentTaxYearMinus1Year>
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      <GrossReceiptsFromAdmissions>
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        <CurrentTaxYearMinus3Years>112751</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>91099</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>115776</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>134595</CurrentTaxYear>
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      <ValueOfSvcsFcltsFurnishdByGovt>
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        <CurrentTaxYearMinus3Years>123709</CurrentTaxYearMinus3Years>
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      <AmtsRecdFromDisqualPersons>
        <Total>0</Total>
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        <Total>0</Total>
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        <CurrentTaxYearMinus3Years>16</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2187</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>115</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>6</CurrentTaxYear>
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      <Post1975UBTI>
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      <InvestmentIncomeAndUBTI>
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      <TotalSupportTotal>
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        <CurrentTaxYearMinus3Years>123725</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>108615</CurrentTaxYearMinus2Years>
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      <InvestmentIncomePercentage>0.00390</InvestmentIncomePercentage>
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    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="12000229" softwareVersion="2012v2.0">
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part II, Line 26.1</Identifier>
        <ReturnReference>Total Liabilities.1</ReturnReference>
        <Explanation>Financing on Apartment Building - Beginning $120305 Financing on Apartment Building - Ending $118599</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part II, Line 24.2</Identifier>
        <ReturnReference>Other Assets.2</ReturnReference>
        <Explanation>Funds Held for Taxes - Beginning $0 Funds Held for Taxes - Ending $2169</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part II, Line 24.1</Identifier>
        <ReturnReference>Other Assets.1</ReturnReference>
        <Explanation>Security Deposits - Beginning $0 Security Deposits - Ending $4099</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.7</Identifier>
        <ReturnReference>Other Expenses.7</ReturnReference>
        <Explanation>Education $178</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.6</Identifier>
        <ReturnReference>Other Expenses.6</ReturnReference>
        <Explanation>Storage $400</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.5</Identifier>
        <ReturnReference>Other Expenses.5</ReturnReference>
        <Explanation>Miscellaneous $1465</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.4</Identifier>
        <ReturnReference>Other Expenses.4</ReturnReference>
        <Explanation>Land Appraisal $2000</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.3</Identifier>
        <ReturnReference>Other Expenses.3</ReturnReference>
        <Explanation>Taxes $3965</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.2</Identifier>
        <ReturnReference>Other Expenses.2</ReturnReference>
        <Explanation>Supplies $5121</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1</Identifier>
        <ReturnReference>Other Expenses.1</ReturnReference>
        <Explanation>Daycare Meal Provided $10971</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1012</Identifier>
        <ReturnReference>Other Expenses.1012</ReturnReference>
        <Explanation>Insurance $3477</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1009</Identifier>
        <ReturnReference>Other Expenses.1009</ReturnReference>
        <Explanation>Depreciation $7450</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1008</Identifier>
        <ReturnReference>Other Expenses.1008</ReturnReference>
        <Explanation>Interest $2938</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1005</Identifier>
        <ReturnReference>Other Expenses.1005</ReturnReference>
        <Explanation>Travel $1151</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1002</Identifier>
        <ReturnReference>Other Expenses.1002</ReturnReference>
        <Explanation>Office Expenses $77</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1001</Identifier>
        <ReturnReference>Other Expenses.1001</ReturnReference>
        <Explanation>Advertising and Promotion $94</Explanation>
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