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    <Timestamp>2011-11-15T11:42:23-08:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Turner and Patat PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1165-A Cedar Shoals Dr</AddressLine1>
        <City>Athens</City>
        <State>GA</State>
        <ZIPCode>306053592</ZIPCode>
      </PreparerFirmUSAddress>
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    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
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      <EIN>582154133</EIN>
      <Name>
        <BusinessNameLine1>ATHENS LAND TRUST INC</BusinessNameLine1>
      </Name>
      <NameControl>ATHE</NameControl>
      <Phone>7066130122</Phone>
      <USAddress>
        <AddressLine1>685 N POPE ST</AddressLine1>
        <City>ATHENS</City>
        <State>GA</State>
        <ZIPCode>30601</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>NEAL ANDERSON</Name>
      <Title>Treasurer</Title>
      <DateSigned>2011-11-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>Tracy M Mathews</Name>
      <Phone>7063541212</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
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      <NameOfPrincipalOfficerPerson>NEAL ANDERSON</NameOfPrincipalOfficerPerson>
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        <AddressLine1>265 SUNSET DRIVE</AddressLine1>
        <City>ATHENS</City>
        <State>GA</State>
        <ZIPCode>30606</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>1270258</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <AllAffiliatesIncluded>false</AllAffiliatesIncluded>
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      <WebSite>WWW.ATHENSLANDTRUST.ORG</WebSite>
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      <YearFormation>1994</YearFormation>
      <StateLegalDomicile>GA</StateLegalDomicile>
      <ActivityOrMissionDescription>ATHENS LAND TRUST PERMANENTLY PROTECTS 1) GREENSPACE INCLUDING FORESTS, RIVER AND STREAM CORRIDORS, WETLANDS, AND WORKING FARMLAND IN SEVERAL GEORGIA COUNTIES AND 2) LAND TO BE USED FOR AFFORDABLE HOUSING. ATHENS LAND TRUST REHABILITATES AND BUILDS ENERGY-EFFICIENT, AFFORDABLE HOUSING FOR LOW-TO-MODERATE INCOME RESIDENTS IN ATHENS-CLARKE COUNTY. ATHENS LAND TRUST ALSO EDUCATES THE COMMUNITY REGARDING LAND USE, CONSERVATION, AND AFFORDABLE HOUSING THROUGH SEMINARS, PROJECTS AND COMMUNITY ACTIVITIES.</ActivityOrMissionDescription>
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      <TotalNbrVolunteers>125</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>460563</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>802032</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>494338</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>444972</ProgramServiceRevenueCY>
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      <InvestmentIncomeCurrentYear>5034</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>7173</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>9364</OtherRevenueCurrentYear>
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      <TotalRevenueCurrentYear>1261402</TotalRevenueCurrentYear>
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      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>136055</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>158028</SalariesEtcCurrentYear>
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      <TotalFundrsngExpCurrentYear>12411</TotalFundrsngExpCurrentYear>
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      <TotalExpensesCurrentYear>900336</TotalExpensesCurrentYear>
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      <TotalAssetsEOY>3271147</TotalAssetsEOY>
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      <TotalLiabilitiesEOY>1488040</TotalLiabilitiesEOY>
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      <MissionDescription>ATHENS LAND TRUST PERMANENTLY PROTECTS 1) GREENSPACE INCLUDING FORESTS, RIVER AND STREAM CORRIDORS, WETLANDS, AND WORKING FARMLAND IN SEVERAL GEORGIA COUNTIES AND 2) LAND TO BE USED FOR AFFORDABLE HOUSING. ATHENS LAND TRUST REHABILITATES AND BUILDS ENERGY-EFFICIENT, AFFORDABLE HOUSING FOR LOW-TO-MODERATE INCOME RESIDENTS IN ATHENS-CLARKE COUNTY. ATHENS LAND TRUST ALSO EDUCATES THE COMMUNITY REGARDING LAND USE, CONSERVATION, AND AFFORDABLE HOUSING THROUGH SEMINARS, PROJECTS AND COMMUNITY ACTIVITIES.</MissionDescription>
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      <Description>AFFORDABLE HOUSING: ATHENS LAND TRUST PROVIDES SAFE, DECENT AND AFFORDABLE HOUSING TO MORE THAN 315 VERY-LOW-TO-MODERATE INCOME RESIDENTS OF ATHENS-CLARKE COUNTY. ATHENS LAND TRUST HAS BUILT OR REHABILITATED 32 SINGLE-FAMILY HOMES FOR PURCHASE BY LOW-TO-MODERATE INCOME FAMILIES. ATHENS LAND TRUST IS ALSO PART OF FOURTH STREET VILLAGE, LP, WHICH PROVIDES 96 UNITS OF AFFORDABLE RENTAL HOUSING FOR VERY-LOW-TO-MODERATE INCOME FAMILIES. IN ADDITION, ATHENS LAND TRUST PROVIDED HOMEBUYER EDUCATION AND CREDIT REPAIR SEMINARS FOR 91 INDIVIDUALS IN 2010.</Description>
      <Activity2>
        <Expense>128232</Expense>
        <Description>LAND CONSERVATION: ATHENS LAND TRUST PERMANENTLY PROTECTS GREENSPACE BY HOLDING, MONITORING, AND ENFORCING PERMANENT CONSERVATION EASEMENTS THAT PROTECT THE CONSERVATION VALUES OF 981 ACRES LOCATED IN CLARKE, OCONEE, BARROW, WILKES, AND WALTON COUNTIES. LAND UNDER EASEMENT INCLUDES RIPARIAN AREAS, FORESTS, PUBLIC PARKS, NEIGHBORHOOD OPEN SPACE, AND WORKING FARMLAND.</Description>
      </Activity2>
      <Activity3>
        <Expense>128232</Expense>
        <Description>COMMUNITY GARDENS: ATHENS LAND TRUST OPERATES THE ATHENS AREA COMMUNITY GARDEN NETWORK, INCLUDING 12 GARDENS. THE GARDENS ARE LOCATED IN LOW INCOME NEIGHBORHOODS AND BENEFIT THE COMMUNITY BY PROVIDING HEALTHY AND ACCESSIBLE NUTRITION TO THE RESIDENTS.</Description>
      </Activity3>
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        <NamePerson>NANCY STANGLE</NamePerson>
        <TelephoneNumber>7066130122</TelephoneNumber>
        <AddressUS>
          <AddressLine1>685 N POPE ST</AddressLine1>
          <City>ATHENS</City>
          <State>GA</State>
          <ZIPCode>30601</ZIPCode>
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        <ProgramServices>94170</ProgramServices>
        <ManagementAndGeneral>10574</ManagementAndGeneral>
        <Fundraising>3337</Fundraising>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>29996</Total>
        <ProgramServices>22864</ProgramServices>
        <ManagementAndGeneral>7132</ManagementAndGeneral>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>8477</Total>
        <ProgramServices>7630</ProgramServices>
        <ManagementAndGeneral>847</ManagementAndGeneral>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>0</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>11474</Total>
        <ProgramServices>10327</ProgramServices>
        <ManagementAndGeneral>1147</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>0</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>13370</Total>
        <ProgramServices>12033</ProgramServices>
        <ManagementAndGeneral>1337</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>20264</Total>
        <ProgramServices>20264</ProgramServices>
      </FeesForServicesOther>
      <Advertising>
        <Total>0</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>3417</Total>
        <ProgramServices>3076</ProgramServices>
        <ManagementAndGeneral>341</ManagementAndGeneral>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>0</Total>
      </Occupancy>
      <Travel>
        <Total>1884</Total>
        <ProgramServices>1884</ProgramServices>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>0</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>11122</Total>
        <ProgramServices>11004</ProgramServices>
        <ManagementAndGeneral>118</ManagementAndGeneral>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>9377</Total>
        <ProgramServices>1361</ProgramServices>
        <ManagementAndGeneral>8016</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>12843</Total>
        <ProgramServices>11559</ProgramServices>
        <ManagementAndGeneral>1284</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>UTILITIES</Description>
        <Total>6547</Total>
        <ProgramServices>5894</ProgramServices>
        <ManagementAndGeneral>653</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TELEPHONE</Description>
        <Total>3470</Total>
        <ProgramServices>3123</ProgramServices>
        <ManagementAndGeneral>347</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Taxes AND LICENSES</Description>
        <Total>20420</Total>
        <ProgramServices>20420</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PrOGRAM COSTS</Description>
        <Total>628221</Total>
        <ProgramServices>618657</ProgramServices>
        <ManagementAndGeneral>490</ManagementAndGeneral>
        <Fundraising>9074</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Printing and Publications</Description>
        <Total>2633</Total>
        <ProgramServices>2633</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>8740</Total>
        <ProgramServices>7980</ProgramServices>
        <ManagementAndGeneral>760</ManagementAndGeneral>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>900336</Total>
        <ProgramServices>854879</ProgramServices>
        <ManagementAndGeneral>33046</ManagementAndGeneral>
        <Fundraising>12411</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>10592</BOY>
        <EOY>21126</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>108634</BOY>
        <EOY>163204</EOY>
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      <PledgesAndGrantsReceivable>
        <BOY>13791</BOY>
        <EOY>24196</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>16522</BOY>
        <EOY>15884</EOY>
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      <ReceivablesFromOfficersEtc>
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      <ReceivablesFromDisqualPersons>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
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        <EOY>500000</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <EOY>0</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>1000396</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>16954</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
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        <EOY>983442</EOY>
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      <InvestmentsPubTradedSecurities>
        <BOY>93293</BOY>
        <EOY>101270</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <BOY>471</BOY>
        <EOY>462</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>1206620</BOY>
        <EOY>1461563</EOY>
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      <TotalAssets>
        <BOY>2930064</BOY>
        <EOY>3271147</EOY>
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      <AccountsPayableAccruedExpenses>
        <BOY>6676</BOY>
        <EOY>8082</EOY>
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      <EscrowAccountLiability>
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        <EOY>4058</EOY>
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      <MortNotesPyblSecuredInvestProp>
        <BOY>489491</BOY>
        <EOY>401911</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
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        <EOY>21750</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>995419</BOY>
        <EOY>1052239</EOY>
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      <TotalLiabilities>
        <BOY>1520964</BOY>
        <EOY>1488040</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>886921</BOY>
        <EOY>109590</EOY>
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      <TemporarilyRestrictedNetAssets>
        <BOY>522179</BOY>
        <EOY>1673517</EOY>
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      <TotalNetAssetsFundBalances>
        <BOY>1409100</BOY>
        <EOY>1783107</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>2930064</BOY>
        <EOY>3271147</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>361066</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>12941</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementBoth>X</FinancialStatementBoth>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
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    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="10000105" softwareVersion="2010v3.2">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
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        <CurrentTaxYearMinus3Years>302834</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>461705</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>460563</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>802032</CurrentTaxYear>
        <Total>2336685</Total>
      </GiftsGrantsContribReceived170>
      <TaxRevLeviedForOrgBenefit170>
        <Total>0</Total>
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      <ValueSrvcFcltsFurnishedByGovt>
        <Total>0</Total>
      </ValueSrvcFcltsFurnishedByGovt>
      <Total170>
        <CurrentTaxYearMinus4Years>309551</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>302834</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>461705</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>460563</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>802032</CurrentTaxYear>
        <Total>2336685</Total>
      </Total170>
      <AmountsSubstContributorsTotal>0</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>2336685</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>4226</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>6090</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>4177</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4365</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>5034</CurrentTaxYear>
        <Total>23892</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <Total>0</Total>
      </NetUBI>
      <OtherIncome170>
        <CurrentTaxYearMinus4Years>4996</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>4996</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>3331</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1400</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>4800</CurrentTaxYear>
        <Total>19523</Total>
      </OtherIncome170>
      <TotalSupport>2380100</TotalSupport>
      <PublicSupportPertcentage170>0.98180</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.97910</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
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          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
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    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="10000105" softwareVersion="2010v3.2">
      <PreservationForPublicUse>X</PreservationForPublicUse>
      <ProtectionOfNaturalHabitat>X</ProtectionOfNaturalHabitat>
      <PreservationOfOpenSpace>X</PreservationOfOpenSpace>
      <TotalNumberOfEasements>24</TotalNumberOfEasements>
      <TotalAcreage>12</TotalAcreage>
      <NmbrStatesInWhichEasementsHeld>1</NmbrStatesInWhichEasementsHeld>
      <WrittenPolicyMonitoring>true</WrittenPolicyMonitoring>
      <StaffHoursSpentOnEnforcement>18</StaffHoursSpentOnEnforcement>
      <ExpensesIncurredForEnforcement>8325</ExpensesIncurredForEnforcement>
      <Sect170hRequirementsSatisfied>false</Sect170hRequirementsSatisfied>
      <AgentTrusteeEtc>false</AgentTrusteeEtc>
      <IncludedOnFS>true</IncludedOnFS>
      <Land>
        <OtherCostOrOtherBasis>664959</OtherCostOrOtherBasis>
        <BookValue>664959</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>320527</OtherCostOrOtherBasis>
        <Depreciation>10020</Depreciation>
        <BookValue>310507</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>14910</OtherCostOrOtherBasis>
        <Depreciation>6934</Depreciation>
        <BookValue>7976</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>983442</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>INVESTMENT IN SUBSIDIARY-FSV</Description>
        <BookValue>462</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <OtherAssets>
        <Description>PREDEVELOPMENT COST-FOURTH ST VILLAGE</Description>
        <BookValue>233239</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-SPRINGFIELD VILLAGE</Description>
        <BookValue>279475</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-865 WADDELL ST</Description>
        <BookValue>163910</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-861 WADDELL ST</Description>
        <BookValue>135856</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-820 WADDELL ST</Description>
        <BookValue>109819</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-474 NELLIE B</Description>
        <BookValue>98019</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-470 NELLIE B</Description>
        <BookValue>118749</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-390 WASHINGTON DR</Description>
        <BookValue>95352</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-289 EVANS ST</Description>
        <BookValue>102771</BookValue>
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      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-196 CABIN LANE</Description>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-170 ANDREA ST</Description>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-155 VALLEYBROOK DR</Description>
      </OtherAssets>
      <OtherAssets>
        <Description>CAPITALIZED PROJECTS-124 DALLAS STREET</Description>
        <BookValue>124373</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>1461563</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>FHLB AFFORDABLE HOUSING AGREEMNT</Description>
        <Amount>500000</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACC HOME PROGRAM</Description>
        <Amount>312239</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACC HOME PROGRAM</Description>
        <Amount>240000</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>1052239</TotalOfAmounts>
      <TotalRevenue>1261402</TotalRevenue>
      <TotalExpenses>900336</TotalExpenses>
      <ExcessOrDeficitForYear>361066</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>4085</NetUnrealizedGLOnInvestments>
      <OtherAmount>8856</OtherAmount>
      <TotalAdjustments>12941</TotalAdjustments>
      <ExcessOrDeficitPerFS>374007</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>1274222</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>3964</NetUnrealizedGainsInvestments>
      <OtherRevenues>8856</OtherRevenues>
      <RevenueNotRptdF990>12820</RevenueNotRptdF990>
      <RevenueSubtotal>1261402</RevenueSubtotal>
      <TotalRevenuePerForm990>1261402</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>909192</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>8856</OtherExpensesIncluded>
      <ExpensesNotRptdF990>8856</ExpensesNotRptdF990>
      <ExpensesSubtotal>900336</ExpensesSubtotal>
      <TotalExpensesPerForm990>900336</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part II, Line 5</Identifier>
        <ReturnReference>Part II, Line 5 - Summarized Policy</ReturnReference>
        <Explanation>Athens Land Trust marks its boundaries and regularly monitors its properties for potential easement violations and takes action to rectify such problems.Athens Land Trust maintains board designated funds which are invested to cover costs of montoring and for potential future legal challenges.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part II, Line 3</Identifier>
        <ReturnReference>Part II, Line 3 - Explanation of Each Easement Change</ReturnReference>
        <Explanation>Athens Land Trust added 3 easements during 2010:House Farm: 48 acres of Oconee County farmland is protected with 2 easements through the USDA NRCS Farm and Ranch Land Protection Program, with matching funds provided by Oconee County. The landowners, Rickey and Kay House, also donated 25% of the easements' value. Part of a 200-acre farm, the easement property is used by the House family for cattle and hay.Mt. Burton: Protecting 110 acres adjacent to the Chattahoochee National Forest, the Mt. Burton easement is ALT's first in Habersham County. The steeply sloping property includes beautiful oak-pine forest, ferny glades, and masses of rhododendrons. The owners reserved the right to build two cabins on two small areas that were already disturbed. The property drains into Shoal Creek, a trout stream and local source of drinking water.Sheth - Carnesville: This 64-acre oak-hickory forest is right off Interstate 85 just outside the small historic town of Carnesville. The conservation easement allows very limited development and protects a substantial wetland with creeks and riparian buffers. The easement protects water quality and plant and animal resources.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XIII, Line 2d</Identifier>
        <ReturnReference>Part XIII, Line 2d: Other expenses and losses per audited F/S</ReturnReference>
        <Explanation>SPECIAL EVENT EXPENSES $8856</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XII, Line 2d</Identifier>
        <ReturnReference>Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990</ReturnReference>
        <Explanation>SPECIAL EVENT EXPENSES $8856</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XI, Line 8</Identifier>
        <ReturnReference>Part XI, Line 8: Other Changes in Net Assets or Fund Balances</ReturnReference>
        <Explanation>SPECIAL EVENT EXPENSES $8856</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part IV, Line 2b</Identifier>
        <ReturnReference>Part IV, Line 2b: Explanation of escrow account liability</ReturnReference>
        <Explanation>Athens Land trust places a portion of monthly lease/purchase payments received from lease/purchasers which will be used for down payment assistance and/or closing cost upon completion of lease/purchase.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part II, Line 9</Identifier>
        <ReturnReference>Part II, Line 9: Organization Reporting of conservation easements.</ReturnReference>
        <Explanation>Conservation Easements acquired by Athens Land Trust represent numerous restrictions over the use and development of land not owned by the organization. Since these easements have no marketable value, they are not recorded as assets on the statement of financial position. All easements acquired by purchase are expensed as development rights in the statement of functional expenses. Athens Land Trust monitors activities on the land easements and enforces restrictions.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
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      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <PhoneSolicitations>X</PhoneSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SolicitationOfGovtGrants>X</SolicitationOfGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>HARVEST MOON DINNER</NameOfEvent1>
        <GrossReceiptsEvent1>14727</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>5250</CharitableContributionsEvent1>
        <GrossRevenueEvent1>9477</GrossRevenueEvent1>
        <FoodAndBeverageEvent1>6425</FoodAndBeverageEvent1>
        <OtherDirectExpensesEvent1>1415</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>14727</GrossReceiptsTotal>
        <CharitableContributionsTotal>5250</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>9477</GrossRevenueTotalEvents>
        <FoodAndBeverageTotalEvents>6425</FoodAndBeverageTotalEvents>
        <OtherDirectExpensesTotalEvents>1415</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>7840</DirectExpenseSummaryEvents>
        <NetIncomeSummary>1637</NetIncomeSummary>
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      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NameBusiness>
            <BusinessNameLine1>BETTY B WILLIFORD TRUST</BusinessNameLine1>
          </NameBusiness>
        </NameOfInterestedPerson>
        <Relationship>ED IS EXEC OF TRUS</Relationship>
        <DescriptionOfTransaction>RENOVATE OFFICE LOCATION</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
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      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>All governing documents, policies and financial statements are provided to members upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>To ensure Athens Land Trust operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, the Executive Committee shall conduct a periodic review annually. The periodic reviews shall, at a minimum, include the following subjects: Compensation: to determine whether compensation arrangements and benefits are reasonable, based on competent survey information, and are the result of arm's length bargaining. Partnerships and other ventures: to determine whether partnerships, joint ventures, and arrangements with management organizations conform to the Athens Land Trust's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.When conducting the periodic reviews as provided for in the above section, the Athens Land Trust may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Electronic copy of Form 990 is provided to board of directors for review before it is filed with the IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 6</Identifier>
        <ReturnReference>Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder</ReturnReference>
        <Explanation>Members of Athens Land Trust "shall consist of all persons, eighteen (18) years of age or older, who support the purposes of the Corporation and apply to the Corporation to become members of the Corporation. All persons who lease land or housing from the Corporation or reside in neighborhoods with housing owned or leased by the Corporation shall be eligible to become members of the Corporation."</Explanation>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>FOURTH STREET DEVELOPMENT PARTNERS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>348 ENTERPRISE DRIVE</AddressLine1>
          <City>VALDOSTA</City>
          <State>GA</State>
          <ZIPCode>31601</ZIPCode>
        </AddressUS>
        <EIN>205768616</EIN>
        <PrimaryActivity>DEVELOPMENT</PrimaryActivity>
        <LegalDomicileState>GA</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <DisproportionateAllocations>false</DisproportionateAllocations>
        <GeneralOrManagingPartner>false</GeneralOrManagingPartner>
        <PercentageOwnership>0.51</PercentageOwnership>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>FOURTH STREET GP LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>348 ENTERPRISE DRIVE</AddressLine1>
          <City>VALDOSTA</City>
          <State>GA</State>
          <ZIPCode>31601</ZIPCode>
        </AddressUS>
        <EIN>205768572</EIN>
        <PrimaryActivity>DEVELOPMENT</PrimaryActivity>
        <LegalDomicileState>GA</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <DisproportionateAllocations>false</DisproportionateAllocations>
        <GeneralOrManagingPartner>true</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>ATHENS LAND TRUST-FSV SUBSIDIARY INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>685 N POPE ST</AddressLine1>
          <City>ATHENS</City>
          <State>GA</State>
          <ZIPCode>30601</ZIPCode>
        </AddressUS>
        <EIN>208017538</EIN>
        <PrimaryActivity>DEVELOPMENT</PrimaryActivity>
        <LegalDomicileState>GA</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <TypeOfEntity>C CORP</TypeOfEntity>
        <ShareOfTotalIncome>-139</ShareOfTotalIncome>
        <ShareOfEOYAssets>462</ShareOfEOYAssets>
        <PercentageOwnership>1.00000</PercentageOwnership>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>