﻿<?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="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-07-30T08:31:44-00:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Marret and Company PLLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO Box 10313</AddressLine1>
        <City>Knoxville</City>
        <State>TN</State>
        <ZIPCode>37939</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>621771501</EIN>
      <Name>
        <BusinessNameLine1>Neighborhood Housing Inc</BusinessNameLine1>
      </Name>
      <NameControl>NEIG</NameControl>
      <Phone>8655242774</Phone>
      <USAddress>
        <AddressLine1>901 E Summit Hill Drive Room No 300</AddressLine1>
        <City>Knoxville</City>
        <State>TN</State>
        <ZIPCode>379151200</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Chris Martin</Name>
      <Title>President</Title>
      <Phone>8655242774</Phone>
      <DateSigned>2012-07-30</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>William G Marret</Name>
      <Phone>8655583449</Phone>
      <DatePrepared>2012-07-30</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990 documentId="990" softwareId="11000218" softwareVersion="2011.0.0">
      <NameOfPrincipalOfficerPerson>Christopher Martin</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>901 E Summit Hill Drive</AddressLine1>
        <City>Knoxville</City>
        <State>TN</State>
        <ZIPCode>37919</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>1358993</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>www.klf.org</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2001</YearFormation>
      <StateLegalDomicile>TN</StateLegalDomicile>
      <ActivityOrMissionDescription>It is the mission of Neighborhood Housing to provide and restore clean affordable, single-family housing. The organization achieves this mission thru its new housing program and thru its home repair program. These programs are targeted to low-income families.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>5</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>5</NbrIndependentVotingMembers>
      <TotalNbrEmployees>6</TotalNbrEmployees>
      <TotalNbrVolunteers>1200</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>512905</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>612696</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>614700</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>745950</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>128</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>349</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>11</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>-2</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>1127744</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>1358993</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>125499</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>163487</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>22600</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>851689</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>881207</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>977188</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>1044694</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>150556</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>314299</RevenuesLessExpensesCY>
      <TotalAssetsBOY>644311</TotalAssetsBOY>
      <TotalAssetsEOY>840892</TotalAssetsEOY>
      <TotalLiabilitiesBOY>530767</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>413049</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>113544</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>427843</NetAssetsOrFundBalancesEOY>
      <MissionDescription>It is the mission of Neighborhood Housing to provide and restore clean affordable, single-family housing. The organization achieves this mission thru its new housing program and thru its home repair program. These programs are targeted to low-income families.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>784283</Expense>
      <Description>Neighborhood Housing - Our goal is to restore community pride within Knoxvilles neighborhoods by building modestly priced homes and offering assistance with the purchase price. In 2011, 7 homes were sold in our inner city neighborhoods.</Description>
      <Activity2>
        <Expense>169688</Expense>
        <Description>Operation Backyard - This minor home repair program provides materials and recruits volunteers to provide home repairs for needy families who own their own homes. In 2011, Operation Backyard served 66 families with 924 volunteers.</Description>
      </Activity2>
      <Activity3>
        <Expense>40523</Expense>
        <Description>Home Buyer Readiness Program - This program helps low-income families work on improving their credit and finances through one-on-one counseling, so they can pursue their dream of homeownership. 33 families were enrolled in the program in 2011.</Description>
      </Activity3>
      <TotalProgramServiceExpense>994494</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="990A">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="990B">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds>false</DonorAdvisedFunds>
      <ConservationEasements>false</ConservationEasements>
      <CollectionsOfArt>false</CollectionsOfArt>
      <CreditCounseling>false</CreditCounseling>
      <TermOrPermanentEndowments>false</TermOrPermanentEndowments>
      <ReportLandBldgEquip>false</ReportLandBldgEquip>
      <ReportInvestOthSecurities>false</ReportInvestOthSecurities>
      <ReportProgRelInvest>false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="990D">true</ReportOtherAssets>
      <ReportOtherLiabilities>false</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="990D">true</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="990D">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt>false</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>7</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>6</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>5</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>5</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>true</InvestmentInJointVenture>
      <WrittenPolicyOrProcedure>true</WrittenPolicyOrProcedure>
      <StatesWhereCopyOfReturnIsFiled>TN</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>Christopher Martin</NamePerson>
        <TelephoneNumber>8655242774</TelephoneNumber>
        <AddressUS>
          <AddressLine1>901 E Summit Hill Drive</AddressLine1>
          <City>Knoxville</City>
          <State>TN</State>
          <ZIPCode>37915</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>James Pearson</NamePerson>
        <Title>Housing Director</Title>
        <AverageHoursPerWeek>040.00</AverageHoursPerWeek>
        <KeyEmployee>X</KeyEmployee>
        <ReportableCompFromOrganization>47528</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Christopher Martin</NamePerson>
        <Title>Brd Chair /President</Title>
        <AverageHoursPerWeek>003.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>109431</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Reggie Strong</NamePerson>
        <Title>Board Member</Title>
        <AverageHoursPerWeek>002.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Baffin Harper</NamePerson>
        <Title>Secretary</Title>
        <AverageHoursPerWeek>002.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Bill Reagan</NamePerson>
        <Title>Board Member</Title>
        <AverageHoursPerWeek>002.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Pearl Marion</NamePerson>
        <Title>Board Member</Title>
        <AverageHoursPerWeek>002.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>47528</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>109431</TotalReportableCompFrmRltdOrgs>
      <NumberIndividualsGT100K>1</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <GovernmentGrants>457521</GovernmentGrants>
      <AllOtherContributions>155175</AllOtherContributions>
      <TotalContributions>612696</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Home Sales</Description>
        <BusinessCode>230000</BusinessCode>
        <TotalRevenueColumn>745950</TotalRevenueColumn>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>745950</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>349</TotalRevenueColumn>
      </InvestmentIncome>
      <TotalOtherRevenue>-2</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>1358993</TotalRevenueColumn>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>0</Total>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>0</Total>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>47528</Total>
        <ProgramServices>47528</ProgramServices>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>95321</Total>
        <ProgramServices>95321</ProgramServices>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>1426</Total>
        <ProgramServices>1426</ProgramServices>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>8712</Total>
        <ProgramServices>8712</ProgramServices>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>10500</Total>
        <ProgramServices>10500</ProgramServices>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>34000</Total>
        <ManagementAndGeneral>17000</ManagementAndGeneral>
        <Fundraising>17000</Fundraising>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>0</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>6294</Total>
        <ProgramServices>1294</ProgramServices>
        <ManagementAndGeneral>5000</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising></FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>0</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>1912</Total>
        <ProgramServices>1912</ProgramServices>
      </Advertising>
      <OfficeExpenses>
        <Total>7994</Total>
        <ProgramServices>4794</ProgramServices>
        <ManagementAndGeneral>1600</ManagementAndGeneral>
        <Fundraising>1600</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>8000</Total>
        <ManagementAndGeneral>4000</ManagementAndGeneral>
        <Fundraising>4000</Fundraising>
      </Occupancy>
      <Travel>
        <Total>2460</Total>
        <ProgramServices>2460</ProgramServices>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>1022</Total>
        <ProgramServices>1022</ProgramServices>
      </ConferencesMeetings>
      <Interest>
        <Total>0</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>0</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>11698</Total>
        <ProgramServices>11698</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>Cost of Homes Constructed and Sold</Description>
        <Total>711541</Total>
        <ProgramServices>711541</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Materials for Home Repairs</Description>
        <Total>85454</Total>
        <ProgramServices>85454</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Operation Backyard Expenses</Description>
        <Total>10832</Total>
        <ProgramServices>10832</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>0</Total>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>1044694</Total>
        <ProgramServices>994494</ProgramServices>
        <ManagementAndGeneral>27600</ManagementAndGeneral>
        <Fundraising>22600</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>72123</BOY>
        <EOY>342617</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>7707</BOY>
        <EOY>103</EOY>
      </AccountsReceivable>
      <OtherNotesLoansReceivableNet>
        <BOY>390715</BOY>
        <EOY>390715</EOY>
      </OtherNotesLoansReceivableNet>
      <InvestmentsProgramRelated>
        <BOY>11</BOY>
        <EOY>9</EOY>
      </InvestmentsProgramRelated>
      <OtherAssetsTotal>
        <BOY>173755</BOY>
        <EOY>107448</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>644311</BOY>
        <EOY>840892</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>10016</BOY>
        <EOY>22334</EOY>
      </AccountsPayableAccruedExpenses>
      <MortNotesPyblSecuredInvestProp>
        <BOY>520751</BOY>
        <EOY>390715</EOY>
      </MortNotesPyblSecuredInvestProp>
      <TotalLiabilities>
        <BOY>530767</BOY>
        <EOY>413049</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>71530</BOY>
        <EOY>278082</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>42014</BOY>
        <EOY>149761</EOY>
      </TemporarilyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>113544</BOY>
        <EOY>427843</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>644311</BOY>
        <EOY>840892</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>314299</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="990A" softwareId="11000218" softwareVersion="2011.0.0">
      <SupportingOrganization509a3>X</SupportingOrganization509a3>
      <SupportingOrg509a3Type1>X</SupportingOrg509a3Type1>
      <CertificationCheckbox>X</CertificationCheckbox>
      <ContribByControllingIndividual>false</ContribByControllingIndividual>
      <ContributionByRelatedParty>false</ContributionByRelatedParty>
      <ContribBy35ControlledEntity>false</ContribBy35ControlledEntity>
      <SupportedOrgInformation>
        <Name>
          <BusinessNameLine1>Knoxville Leadership Foundation</BusinessNameLine1>
        </Name>
        <EIN>621574495</EIN>
        <TypeOfOrganization>7</TypeOfOrganization>
        <ListedInGoverningDoc>true</ListedInGoverningDoc>
        <SupportedOrganizationNotified>true</SupportedOrganizationNotified>
        <OrganizedInUS>true</OrganizedInUS>
        <Amount>0</Amount>
      </SupportedOrgInformation>
      <TotalNumberOfSupportedOrgs>1</TotalNumberOfSupportedOrgs>
      <PublicSupportPertcentage170>0.00000</PublicSupportPertcentage170>
      <PublicSupportPercentage509>0.00000</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="990B" softwareId="11000218" softwareVersion="2011.0.0">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="990D" softwareId="11000218" softwareVersion="2011.0.0">
      <IncludedOnFS>false</IncludedOnFS>
      <OtherAssets>
        <Description>Homes held for resale</Description>
        <BookValue>107448</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>Reserve for home costs in excess of estimated sales prices</Description>
      </OtherAssets>
      <TotalBookValueOtherAssets>107448</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>Related entity loans payable</Description>
      </OtherLiabilities>
      <TotalRevenue>1358993</TotalRevenue>
      <TotalExpenses>1044694</TotalExpenses>
      <ExcessOrDeficitForYear>314299</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>314299</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>1358995</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>2</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>2</RevenueNotRptdF990>
      <RevenueSubtotal>1358993</RevenueSubtotal>
      <TotalRevenuePerForm990>1358993</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>1044694</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>1044694</ExpensesSubtotal>
      <TotalExpensesPerForm990>1044694</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleL documentId="990L" softwareId="11000218" softwareVersion="2011.0.0"></IRS990ScheduleL>
    <IRS990ScheduleO documentId="990O" softwareId="11000218" softwareVersion="2011.0.0">
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>11b</ReturnReference>
        <Explanation>The organization provides an electronic copy of the 990 to its Board Members for review and comments prior to filing the return.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <Explanation>he Board of Directors and the President review monthly reports to insure compliance with the conflict of interest policy</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>15b</ReturnReference>
        <Explanation>The Board of Directors gathers information from other non-profits in the area. This information is used to determine compensation based upon comparisions with similar organizations and with similar employment positions.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990 Part VI Section B Line 11b The organization provides an electronic copy of the 990 to its Board Members for review and comments prior to filing the return. Form 990 Part VI Section B Line 12c he Board of Directors and the President review monthly reports to insure compliance with the conflict of interest policy Form 990 Part VI Section B Line 15b The Board of Directors gathers information from other non-profits in the area. This information is used to determine compensation based upon comparisions with similar organizations and with similar employment positions.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>