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      </Form990PartVIISectionA>
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        <OtherCompensation>0</OtherCompensation>
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      <FormersListed>true</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <GovernmentGrants>139993</GovernmentGrants>
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      <TotalContributions>1340848</TotalContributions>
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      <ProgramServiceRevenue>
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      <ProgramServiceRevenue>
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      <NetGainOrLossInvestments>
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      <TotalRevenue>
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        <RelatedOrExemptFunctionIncome>15019804</RelatedOrExemptFunctionIncome>
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        <ProgramServices>2096519</ProgramServices>
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      <CompCurrentOfficersDirectors>
        <Total>46734</Total>
        <ManagementAndGeneral>46734</ManagementAndGeneral>
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      <OtherSalariesAndWages>
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      <OtherEmployeeBenefits>
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        <Fundraising>25643</Fundraising>
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      <PayrollTaxes>
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        <ProgramServices>385071</ProgramServices>
        <ManagementAndGeneral>91998</ManagementAndGeneral>
        <Fundraising>16903</Fundraising>
      </PayrollTaxes>
      <FeesForServicesLegal>
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        <ManagementAndGeneral>26196</ManagementAndGeneral>
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      <FeesForServicesAccounting>
        <Total>16325</Total>
        <ManagementAndGeneral>16325</ManagementAndGeneral>
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      <FeesForServicesInvstMgmntFees>
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        <ManagementAndGeneral>34108</ManagementAndGeneral>
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        <ManagementAndGeneral>4173</ManagementAndGeneral>
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        <ManagementAndGeneral>109892</ManagementAndGeneral>
      </OfficeExpenses>
      <Occupancy>
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        <ManagementAndGeneral>690900</ManagementAndGeneral>
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      <ConferencesMeetings>
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        <ManagementAndGeneral>17041</ManagementAndGeneral>
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      <Interest>
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        <ManagementAndGeneral>456927</ManagementAndGeneral>
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        <Total>697015</Total>
        <ProgramServices>697015</ProgramServices>
      </DepreciationDepletion>
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        <Description>ATHLETICS</Description>
        <Total>707373</Total>
        <ProgramServices>707373</ProgramServices>
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      <OtherExpenses>
        <Description>MARIST STUDENT FEE</Description>
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        <ProgramServices>270960</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSTRUCTIONAL EXPENSE</Description>
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        <ProgramServices>255762</ProgramServices>
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      <OtherExpenses>
        <Description>STAFF DEVELOPMENT</Description>
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        <ManagementAndGeneral>146242</ManagementAndGeneral>
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      <OtherExpenses>
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      <TotalLiabilities>
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      <FollowSFAS117>X</FollowSFAS117>
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      <TemporarilyRestrictedNetAssets>
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      <TotalLiabNetAssetsFundBalances>
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      <ReconcilationRevenueExpenses>2206441</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>832679</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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      <DisclosedOrgsLegalControl>true</DisclosedOrgsLegalControl>
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      <OtherLiabilities>
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        <ReturnReference>SCHEDULE D, PAGE 4, PART XI, LINE 8</ReturnReference>
        <Explanation>FINANCIAL AID -2,096,519 FUNDRAISING INCOME -214,103 FUNDRAISING INCOME 214,103 FINANCIAL AID 2,096,519</Explanation>
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      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
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      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
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      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
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        <ReturnReference>SCHEDULE E LINE 6</ReturnReference>
        <Explanation>ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM LAWRENCE PUBLIC SCHOOLS TITLE II PROFESSIONAL DEVELOPMENT PRIVATE SCHOOL REQUISITION</Explanation>
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    </IRS990ScheduleE>
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        <GrossRevenueEvent1>142220</GrossRevenueEvent1>
        <OtherDirectExpensesEvent1>14711</OtherDirectExpensesEvent1>
        <NameOfEvent2>GOLF OUTING</NameOfEvent2>
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        <OtherDirectExpensesEvent2>33142</OtherDirectExpensesEvent2>
        <GrossReceiptsTotal>261956</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>261956</GrossRevenueTotalEvents>
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      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
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        <NumberOfRecipients>525</NumberOfRecipients>
        <AmountOfNonCashAssistance>2096519</AmountOfNonCashAssistance>
        <MethodOfValuation>FMV</MethodOfValuation>
        <DescriptionOfNonCashAssistance>TUITION OFFSET</DescriptionOfNonCashAssistance>
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      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>AUTIERI ROBERT</NamePerson>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>SCHLITTLE BRO STEPHEN</NamePerson>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>WADLAND JOSEPH</NamePerson>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="RetDoc9">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>MASSACHUSETTS DEVELOPMENT FINANCE</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>043431814</IssuerEIN>
        <CUSIPNumber>52698FNN7</CUSIPNumber>
        <DateIssued>2003-05-14</DateIssued>
        <IssuePrice>9500000</IssuePrice>
        <DescriptionOfPurpose>CAPITAL CONSTRUCTION PROJECT</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
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        <CapitalExpenditures>9500000</CapitalExpenditures>
        <YearOfSubstCompletion>2005</YearOfSubstCompletion>
        <CurrentRefunding>false</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
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        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>false</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>false</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>false</BondCounselRoutinelyEngaged>
        <PostIssuanceComplianceProcdrs>true</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>true</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>TD BANK NA</BusinessNameLine1>
        </NameOfHedgeProvider>
        <TermOfHedge>10.0</TermOfHedge>
        <SuperintegratedHedge>false</SuperintegratedHedge>
        <HedgeTerminated>false</HedgeTerminated>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="RetDoc10">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>MORRIS ROSSI HAYES PC</NamePerson>
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        <Relationship>DIRECTOR</Relationship>
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        <SharingOfRevenues>false</SharingOfRevenues>
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        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>CENTRAL CATHOLIC HIGH SCHOOL IS AN INDEPENDENT, CATHOLIC CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL IN LAWRENCE, MASSACHUSETTES. IT HAS BEEN UNDER THE DIRECTION OF THE MARIST BROTHERS SINCE ITS FOUNDING IN 1935. CENTRAL CATHOLIC ADMITS ACADEMICALLY QUALIFIED STUDENTS WITHOUT REGARD TO RACE, COLOR, OR ETHNIC ORIGIN.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>MORRIS, ROSSI &amp; HAYES LAW FIRM LAWYER</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>FORM 990 REVIEWED AND DISCUSSED BY AUDIT COMMITTEE FOR PRESENTATION AND RECOMMENDATION TO EXECUTIVE COMMITTEE FOR APPROVAL. AVAILABLE UPON REQUEST TO THE FULL BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>WILL BE REVIEWED AT OR BEFORE MARCH BOARD MEETING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>COMPARABILITY OF SCHOOL POSITIONS WAS COMPARED WITH AVAILABLE OUTSIDE DATA</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>