<?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="2021v4.3">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-11-14T12:24:02-06:00</ReturnTs>
    <TaxPeriodEndDt>2021-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>481066439</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BT&amp;CO PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4301 SW HUNTOON ST</AddressLine1Txt>
        <CityNm>TOPEKA</CityNm>
        <StateAbbreviationCd>KS</StateAbbreviationCd>
        <ZIPCd>66604</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990T</ReturnTypeCd>
    <TaxPeriodBeginDt>2021-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>480780431</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>COTTONWOOD INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>COTT</BusinessNameControlTxt>
      <PhoneNum>7858420550</PhoneNum>
      <USAddress>
        <AddressLine1Txt>2801 WEST 31ST STREET</AddressLine1Txt>
        <CityNm>LAWRENCE</CityNm>
        <StateAbbreviationCd>KS</StateAbbreviationCd>
        <ZIPCd>66047</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>COLLEEN HIMMELBERG</PersonNm>
      <PersonTitleTxt>CHIEF EXECUTIVE OFFICER</PersonTitleTxt>
      <PhoneNum>7858420550</PhoneNum>
      <SignatureDt>2022-10-25</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>COLLEEN</PersonFirstNm>
        <PersonLastNm>HIMMELBERG</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>REBECCA SHAW</PreparerPersonNm>
      <PTIN>P01275425</PTIN>
      <PhoneNum>7852343427</PhoneNum>
      <PreparationDt>2022-10-25</PreparationDt>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>0</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2021</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="2">
    <IRS990T documentId="RetDoc1237100001">
      <Organization501IndicatorGrp>
        <Organization501Ind>X</Organization501Ind>
        <Organization501cTypeTxt>c3</Organization501cTypeTxt>
      </Organization501IndicatorGrp>
      <BookValueAssetsEOYAmt>15327785</BookValueAssetsEOYAmt>
      <Organization501cCorporationInd>X</Organization501cCorporationInd>
      <Form990TScheduleAAttachedCnt>1</Form990TScheduleAAttachedCnt>
      <SubsidiaryCorporationInd>0</SubsidiaryCorporationInd>
      <BooksInCareOfDetail>
        <PersonNm>JESSICA WOOD CFO</PersonNm>
        <USAddress>
          <AddressLine1Txt>2801 W 31ST STREET</AddressLine1Txt>
          <CityNm>LAWRENCE</CityNm>
          <StateAbbreviationCd>KS</StateAbbreviationCd>
          <ZIPCd>66047</ZIPCd>
        </USAddress>
        <PhoneNum>7858420550</PhoneNum>
      </BooksInCareOfDetail>
      <TotalUBTIComputedAmt>0</TotalUBTIComputedAmt>
      <CharitableContributionsDedAmt>0</CharitableContributionsDedAmt>
      <SpecificDeductionAmt>1000</SpecificDeductionAmt>
      <TotalDeductionAmt>1000</TotalDeductionAmt>
      <TotalUBTIAmt>0</TotalUBTIAmt>
      <TaxableCorporationAmt>0</TaxableCorporationAmt>
      <TotalTaxComputationAmt>0</TotalTaxComputationAmt>
      <TaxLessCreditsAmt>0</TaxLessCreditsAmt>
      <TotalTaxAmt>0</TotalTaxAmt>
      <PaidTaxLiabilityAmt>0</PaidTaxLiabilityAmt>
      <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      <ForeignTrustQuestionInd>0</ForeignTrustQuestionInd>
      <ChangeInMethodOfAccountingInd>0</ChangeInMethodOfAccountingInd>
    </IRS990T>
    <IRS990TScheduleA documentId="RetDoc1087300001">
      <PrincipalBusinessActivityCd>561499</PrincipalBusinessActivityCd>
      <SequenceReferenceNum>1</SequenceReferenceNum>
      <SequenceTotalNum>1</SequenceTotalNum>
      <TradeOrBusinessDesc>N/A</TradeOrBusinessDesc>
      <TotUnrltTrdBusIncmAmt>0</TotUnrltTrdBusIncmAmt>
      <TotUnrltTrdBusIncmExpnssAmt>0</TotUnrltTrdBusIncmExpnssAmt>
      <TotNetUnrltTrdBusIncmAmt>0</TotNetUnrltTrdBusIncmAmt>
      <TotalDeductionsAmt>0</TotalDeductionsAmt>
      <UBIBeforeNOLDedAmt>0</UBIBeforeNOLDedAmt>
      <NetOperatingLossDeductionAmt>0</NetOperatingLossDeductionAmt>
    </IRS990TScheduleA>
  </ReturnData>
</Return>
