Atachment-1

PENN NATIONAL HOMEOWNERS ASSOCIATION

EIN 25-1524288

ATTACHMENT TO 2006 FORM 990 EZ

PLEASE NOTE THAT FORMS 1024, 8718 AND THE REQUIRED FEE HAVE BEEN FILED WITH THE INTERNAL REVENUE SERVICE AT PO BOX 192, COVINGTON, KY 41012-0192

 Atachment-2

                                                                                        

October 25, 2007

 INTERNAL REVENUE SERVICE CENTER

OGDEN, UT 84201-0027

 Ref: Form 990 EZ (Attached)

 SIRS:

 It is requested to abate any penalty for late filing as we have only recently become aware of filing requirements.

 We now have in place the records and systems to be able to submit timely and accurate returns going forward.

 Form 1024, Form 8718 and the required fee have been filed with the Internal Revenue Service, PO Box 192, Covington, KY 41012-0192.

 Your consideration will be appreciated.

 Very Truly Yours,

 Alan Senger

President

Penn National Homeowners Association

EIN 25-1524288

 Atachment-3

Attachment: Penn National Home Owners Association form 990EZ< Part lll

EIN 25-1524288

 The Penn National Homeowners Association (PNHA) was established to afford residents of Penn National a conduit to interact with each other on matters of mutual concern and to provide a means to organize mutually beneficial groups and organizations within the Community. The following is a listing of activities in the Community that PNHA sponsors:

            -Publication of a monthly Newsletter- The Newsletter is mailed monthly to all PNHA member households.  It contains information on various subjects of relevance to the members    

- Publication of an Annual Members Directory-  This directory contains the names, postal addresses and E-mail addresses of PNHA members. It is mailed to all PNHA members. (Some members who do not wish to be included in the directory are permitted to “opt out”.)

            -Annual PNHA picnic-Each year PNHA sponsors a picnic (usually in September) to give all members the opportunity to meet and mingle with their fellow residents. This is one of the two major social undertakings of the Association.     

-Annual PNHA Holiday Dinner/Dance-This is the other major social project sponsored by PNHA.  The purpose of the Dinner/Dance is to arrange an enjoyable affair  for the residents during the Christmas /New Years holiday season. It is held at a local restaurant

            -New Neighbor Welcome-PNHA sponsors a welcoming committee to visit new residents, greet them and provide information regarding activities available in the area and any other information requested.           

-Maintenance of the PNHA web site (PNHA.org) - PNHA has a Web Master to maintain the organization’s Web site, which is used for posting information about the organization, its Officers, and other pertinent material. 

            -Availability of the Penn National Electronic News- The PNHA has one individual available to issue Electronic News bulletins when necessary.  This facility is used when items arise that need to get to PNHA members in a hurry and prior to the preparation of the Newsletter. It is an E-Mail message        

            In addition to the above PNHA-sponsored items, Penn National residents initiate and organize numerous and varied activities which require no (or minimal) input from the Homeowners Association. These include reading groups (currently six exist): Men and Ladies luncheons Groups; a quilting group; a needle work group; a hiking group; a photo club; a woodworkers group; a garden group (using plots made available by the White Rock); several charitable projects, such as a scheduled food pick up to stock shelves at a local food pantry; a community outreach program to fund and provide monies to needy local organizations; and the Penn National Harmony Singers who provide entertainment to local retirement homes.

 Atachment-4

 PENN NATIONAL HOMEOWNERS ASSOCIATION       
EIN 25-524288          
           
SCHEDULE TO SUPPORT FORM 990EZ, LINE 6      
           
  REVENUE   EXPENSE   NET
           
PICNIC                   2,386                   4,298                 (1,912)
HOLIDAY DANCE                 7,770                11,547                 (3,777)
NEWS LETTER                 6,854                11,769                 (4,915)
EXCURSIONS & EVENTS                 9,333                   9,022                      311
           
TOTAL                26,343                36,636               (10,293)

SPECIAL EVENTS ARE NOT HELD FOR THE PURPOSE OF RAISING MONEY. TICKET PRICES ARE SET TO YIELD LESS THAN EXPENSES; THE EXCESS OF EXPENSE OVER REVENUE IS SUBSIDIZED FROM DUES. THESE ARE MEMBER ONLY EVENTS EXCEPT THAT FAMILY MAY BE INCLUDED AT THE PICNIC AND SINGLE MEMBERS MAY BRING ONE GUEST TO THE HOLIDAY DANCE.

SCHEDULE TO SUPPORT FORM 990EZ, LINE 16  
       
YARD SALE                          154
WEB SITE                           179
MEMBERSHIP DIRECTORY                   1,064
ADMINISTRATION                        502
COMMITTEE SUPPORT                        847
OFFICER INDEMNITY INSURANCE                   1,800
       
TOTAL                       4,546