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    <Timestamp>2012-05-08T12:27:53-07:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
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      <Name>
        <BusinessNameLine1>HOME BUILDERS ASSOCIATION OF ALABAMA</BusinessNameLine1>
      </Name>
      <NameControl>HOME</NameControl>
      <Phone>3348343006</Phone>
      <USAddress>
        <AddressLine1>PO BOX 241305</AddressLine1>
        <City>MONTGOMERY</City>
        <State>AL</State>
        <ZIPCode>361241305</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RUSSELL DAVIS</Name>
      <Title>EXECUTIVE VICE PRESIDENT</Title>
      <Phone>3348343006</Phone>
      <DateSigned>2012-03-23</DateSigned>
    </Officer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>STEVE STEELE</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN ALLEN</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JERALD SMITH</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PHILIP SHELTON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JIMMY JONES</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DWIGHT RICHARDSON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROBERT BROWN</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOE HOCKLANDER</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SAM ALMAROAD</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RUSSELL DAVIS</NamePerson>
        <Title>EXECUTIVE VICE PRESIDENT</Title>
        <AverageHoursPerWeek>40</AverageHoursPerWeek>
        <Officer>X</Officer>
        <KeyEmployee>X</KeyEmployee>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>194260</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>14389</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>194260</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>14389</TotalOtherCompensation>
      <NumberIndividualsGT100K>1</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>1</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <TotalContributions>0</TotalContributions>
      <ProgramServiceRevenue>
        <Description>MEETINGS</Description>
        <BusinessCode>230000</BusinessCode>
        <TotalRevenueColumn>269517</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>269517</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>EDUCATION</Description>
        <BusinessCode>230000</BusinessCode>
        <TotalRevenueColumn>118010</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>118010</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>MEMBERSHIP DUES</Description>
        <BusinessCode>230000</BusinessCode>
        <TotalRevenueColumn>464050</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>464050</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </ProgramServiceRevenue>
      <TotalOthProgramServiceRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalOthProgramServiceRevenue>
      <TotalProgramServiceRevenue>851577</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>201333</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>201333</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <IncomeFromInvestBondProceeds>
        <TotalRevenueColumn>0</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <RoyaltiesRevenue>
        <TotalRevenueColumn>1019369</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>1019369</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </RoyaltiesRevenue>
      <RentalIncomeOrLoss>
        <Real>0</Real>
        <Personal>0</Personal>
      </RentalIncomeOrLoss>
      <GrossAmountSalesAssets>
        <Securities>4272720</Securities>
        <Other>17000</Other>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>4222621</Securities>
        <Other>15113</Other>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>50099</Securities>
        <Other>1887</Other>
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      <NetGainOrLossInvestments>
        <TotalRevenueColumn>51986</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>51986</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </NetGainOrLossInvestments>
      <OtherRevenueMisc>
        <Description>SETTLEMENT ON INVESTMENT SECURITIES</Description>
        <BusinessCode>230000</BusinessCode>
        <TotalRevenueColumn>274137</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>274137</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <OtherRevenueMisc>
        <Description>PUBLICATION</Description>
        <BusinessCode>511120</BusinessCode>
        <TotalRevenueColumn>39300</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>39300</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>ADMINISTRATIVE FEES</Description>
        <BusinessCode>541610</BusinessCode>
        <TotalRevenueColumn>100000</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>100000</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </OtherRevenueMisc>
      <MiscellaneousRevenue>
        <TotalRevenueColumn>12705</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>12705</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </MiscellaneousRevenue>
      <TotalOtherRevenue>426142</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>2550407</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2411107</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>139300</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>208649</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>208649</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherSalariesAndWages>
        <Total>556665</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>556665</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>58574</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>58574</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>54213</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>54213</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>48459</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>48459</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>35430</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>35430</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>12802</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>12802</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>17382</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>17382</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
        <Fundraising>0</Fundraising>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>16642</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>16642</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>102847</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>102847</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesOther>
      <Advertising>
        <Total>38401</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>38401</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>49015</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>49015</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <Royalties>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Royalties>
      <Occupancy>
        <Total>86083</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>86083</ManagementAndGeneral>
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      <Travel>
        <Total>109794</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>109794</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>252317</Total>
        <ProgramServices>252317</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>13508</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>13508</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>10071</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>10071</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>FUNDRAISING EVENTS</Description>
        <Total>87777</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>87777</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>EDUCATION</Description>
        <Total>96798</Total>
        <ProgramServices>96798</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PUBLIC RELATIONS</Description>
        <Total>106130</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>106130</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PUBLICATIONS</Description>
        <Total>48978</Total>
        <ProgramServices>48978</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>41417</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>41417</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>2051952</Total>
        <ProgramServices>398093</ProgramServices>
        <ManagementAndGeneral>1566082</ManagementAndGeneral>
        <Fundraising>87777</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>969661</BOY>
        <EOY>778743</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
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        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>49737</BOY>
        <EOY>69748</EOY>
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      <ReceivablesFromOfficersEtc>
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        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
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        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
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        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
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        <EOY>44630</EOY>
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      <LandBuildingsEquipmentBasis>156457</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>106283</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>59853</BOY>
        <EOY>50174</EOY>
      </LandBuildingsEquipmentBasisNet>
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        <EOY>7266538</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
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        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
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        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
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        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
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        <EOY>46844</EOY>
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      <TotalAssets>
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      </TotalAssets>
      <AccountsPayableAccruedExpenses>
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        <EOY>41663</EOY>
      </AccountsPayableAccruedExpenses>
      <GrantsPayable>
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        <EOY>0</EOY>
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        <EOY>45500</EOY>
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      <TaxExemptBondLiabilities>
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        <EOY>0</EOY>
      </TaxExemptBondLiabilities>
      <EscrowAccountLiability>
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        <EOY>0</EOY>
      </EscrowAccountLiability>
      <LoansFromOfficersDirectors>
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        <EOY>0</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
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        <EOY>0</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
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        <EOY>0</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>38849</BOY>
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      <FollowSFAS117>X</FollowSFAS117>
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        <EOY>8169514</EOY>
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      <TemporarilyRestrictedNetAssets>
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        <EOY>0</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
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        <EOY>0</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
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        <EOY>8169514</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
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        <EOY>8256677</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>498455</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-126425</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleC documentId="R000002" softwareId="11000129" softwareVersion="v1.00">
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      <AmtExpendedFor527Activities>0</AmtExpendedFor527Activities>
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      <Form1120PolFiled>0</Form1120PolFiled>
      <Sec527PolOrgs>
        <NameOf527Organization>
          <BusinessNameLine1>ALABAMA BUILDERS POLITICAL ACTION COMMITTEE</BusinessNameLine1>
        </NameOf527Organization>
        <AddressUS>
          <AddressLine1>PO BOX 241305</AddressLine1>
          <City>MONTGOMERY</City>
          <State>AL</State>
          <ZIPCode>361241305</ZIPCode>
        </AddressUS>
        <EIN>630763822</EIN>
        <AmtPdFromInternalFunds>0</AmtPdFromInternalFunds>
        <AmtOfContribsRecdDelivered>32585</AmtOfContribsRecdDelivered>
      </Sec527PolOrgs>
      <SubstantiallyAllDuesNondeduct>0</SubstantiallyAllDuesNondeduct>
      <OnlyInHouseLobbying>0</OnlyInHouseLobbying>
      <AgreeToCarryoverPriorYear>1</AgreeToCarryoverPriorYear>
      <DuesAssessments>464050</DuesAssessments>
      <NonDedLobbyPoliticalCurrent>99443</NonDedLobbyPoliticalCurrent>
      <NonDedLobbyPoliticalCarryover>219766</NonDedLobbyPoliticalCarryover>
      <NonDedLobbyPoliticalTotal>319209</NonDedLobbyPoliticalTotal>
      <AggrAmtReportedInDuesNotices>99432</AggrAmtReportedInDuesNotices>
      <AmountToBeCarriedOver>219777</AmountToBeCarriedOver>
      <TaxableAmount>0</TaxableAmount>
      <Form990ScheduleCPartIV>
        <Identifier>SchC_P1A_S00_L01</Identifier>
        <ReturnReference>Schedule C, Part I-A, Line 1</ReturnReference>
        <Explanation>INDIRECT POLITICAL CAMPAIGN ACTIVITIES BY ENDORSING CANDIDATES THAT SUPPORT ISSUES IMPORTANT TO HOME BUILDING AND THE HOUSING INDUSTRY IN ALABAMA.</Explanation>
      </Form990ScheduleCPartIV>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="R000003" softwareId="11000129" softwareVersion="v1.00">
      <Land>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <BookValue>0</BookValue>
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      <Buildings>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>156457</OtherCostOrOtherBasis>
        <Depreciation>106283</Depreciation>
        <BookValue>50174</BookValue>
      </Equipment>
      <OtherLandBuildings>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>50174</TotalOfBookValueLandBuildings>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <TotalOfAmounts>0</TotalOfAmounts>
      <TotalRevenue>2550407</TotalRevenue>
      <TotalExpenses>2051952</TotalExpenses>
      <ExcessOrDeficitForYear>498455</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-126425</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>0</DonatedServicesAndFacilities>
      <InvestmentExpenses>0</InvestmentExpenses>
      <PriorPeriodAdjustments>0</PriorPeriodAdjustments>
      <OtherAmount>0</OtherAmount>
      <TotalAdjustments>-126425</TotalAdjustments>
      <ExcessOrDeficitPerFS>372030</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>2423982</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-126425</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>0</DonatedSrvcAndUseOfFacilities>
      <RecoveriesOfPriorYearGrants>0</RecoveriesOfPriorYearGrants>
      <OtherRevenues>0</OtherRevenues>
      <RevenueNotRptdF990>-126425</RevenueNotRptdF990>
      <RevenueSubtotal>2550407</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>0</InvestmentExpensesNotIncluded>
      <OtherRevenuesNotIncluded>0</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>2550407</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>2051952</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>0</DonatedServicesUseOfFacilities>
      <PriorYearAdjustments>0</PriorYearAdjustments>
      <LossesReported>0</LossesReported>
      <OtherExpensesIncluded>0</OtherExpensesIncluded>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>2051952</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>0</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>0</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>2051952</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P10_S00_L02</Identifier>
        <ReturnReference>Schedule D, Part X, Line 2</ReturnReference>
        <Explanation>THE ASSOCIATION ADOPTED THE PROVISIONS OF ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ON JANUARY 1, 2009. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE ASSOCIATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOW TAX POSITIONS THAT WOULD SUBJECT THE ASSOCIATION TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE YEARS ENDED DECEMBER 31, 2008 THROUGH 2011 FOR ALL MAJOR TAX JURISDICTIONS.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="R000004" softwareId="11000129" softwareVersion="v1.00">
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>RUSSELL DAVIS</NamePerson>
        <BaseCompensationFilingOrg>153660</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>40600</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>9800</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>4589</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>208649</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>SchJ_P01_S00_L03</Identifier>
        <ReturnReference>Schedule J, Part I, Line 3</ReturnReference>
        <Explanation>ALL EXECUTIVE COMPENSATION ISSUES ARE ADDRESSED BY THE EXECUTIVE COMMITTEE. COMPENSATION IS REVIEWED ANNUALLY.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="R000005" softwareId="11000129" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L06</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 6</ReturnReference>
        <Explanation>THE ASSOCIATION HAS MEMBERS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L07a</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 7a</ReturnReference>
        <Explanation>THE MEMBERS OF THE ASSOCIATION ELECT BOARD MEMBERS THAT SERVE ON THE EXECUTIVE COMMITTEE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L07b</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 7b</ReturnReference>
        <Explanation>ANY DECISIONS MADE BY THE GOVERNING BODY ARE AFFIRMED BY THE GENERAL MEMBERSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11b</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11b</ReturnReference>
        <Explanation>A COPY OF THE FORM 990 IS POSTED FOR ALL MEMBERS TO REVIEW ONCE IT IS FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L12c</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 12c</ReturnReference>
        <Explanation>ALL BOARD MEMBERS ARE AWARE OF THE CONFLICT OF INTEREST POLICY. MATERIAL CONFLICTS, IF ANY, WOULD BE ADDRESSED BY THE BOARD AND MANAGEMENT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>ALL EXECUTIVE COMPENSATION ISSUES ARE ADDRESSED BY THE EXECUTIVE COMMITTEE. COMPENSATION IS REVIEWED ANNUALLY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>DOCUMENTS AND POLICIES ARE HELD AT THE HBAA OFFICE. THEY ARE AVAILABLE UPON REQUEST FOR INSPECTION BY ANYONE WISHING ACCESS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P11_S00_L05</Identifier>
        <ReturnReference>Form 990, Part XI, Line 5</ReturnReference>
        <Explanation>UNREALIZED LOSS ON MARKETABLE SECURITIES</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="R000006" softwareId="11000129" softwareVersion="v1.00">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ALABAMA HOME BUILDERS FOUNDATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 241305</AddressLine1>
          <City>MONTGOMERY</City>
          <State>AL</State>
          <ZIPCode>361241305</ZIPCode>
        </AddressUS>
        <EIN>631151677</EIN>
        <PrimaryActivities>EDUCATIONAL</PrimaryActivities>
        <LegalDomicileState>AL</LegalDomicileState>
        <ExemptCodeSection>501(c)(3)</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ALABAMA BUILDERS POLITICAL ACTION COMMITTEE</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 241305</AddressLine1>
          <City>MONTGOMERY</City>
          <State>AL</State>
          <ZIPCode>361241305</ZIPCode>
        </AddressUS>
        <EIN>630763822</EIN>
        <PrimaryActivities>PROMOTION AND ADVANCEMENT OF HOME BUILDING WITHIN ALABAMA</PrimaryActivities>
        <LegalDomicileState>AL</LegalDomicileState>
        <ExemptCodeSection>527</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>1</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>1</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>ALABAMA HOME BUILDERS FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>m</TransactionType>
        <AmountInvolved>0</AmountInvolved>
        <MethodOfAmtDetermination>A NOMINAL AMOUNT OF STAFF TIME AND SHARED FACILITIES.</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>ALABAMA BUILDERS POLITICAL ACTION COMMITTEE</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>q</TransactionType>
        <AmountInvolved>32585</AmountInvolved>
        <MethodOfAmtDetermination>PASSTHROUGH OF ABPAC CONTRIBUTIONS MADE BY MEMBERS.</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>