2022-01-03T13:01:02-08:00 2021-06-30 West Davis & Company LLP 11824 Jollyville Road Suite 100 Austin TX 78759 990 2020-07-01 742581297 CEN-TEX CERTIFIED DEVELOPMENT CORP CEN- 5129129884 1011 JAN JACINTO BLVD AUSTIN TX 78701 ROSA RIOS VALDEZ CHIEF EXECUTIVE OFFICER 5129129884 2021-12-26 true ROSA RIOS VALDEZ XXX-XX-XXXX Rob West CPA P00218847 5038286650 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z ROSA RIOS VALDEZ 1011 SAN JACINTO 500 AUSTIN TX 78701 4080568 false X WWW.BCLOFTEXAS.ORG X 1990 TX TO ASSIST AND PROMOTE THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES IN TEXAS AND TO FACILITATE HOUSING INITIATIVES. 8 8 26 0 0 0 6236183 1125766 1378140 2943012 19594 11790 0 7633917 4080568 1699732 1469857 0 1050432 1002156 0 0 1726391 1086621 4476555 3558634 3157362 521934 22684732 29670542 10691484 17155360 11993248 12515182 TO FURTHER THE ECONOMIC DEVELOPMENT OF TEXAS BY PROMOTING AND ASSISTING IN THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS AND TO ASSIST IN THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES. false false 2425739 1469857 1563922 BUSINESS LENDING - THE ORGANIZATION PROCESSES AND SERVICES SBA LOANS FOR SMALL BUSINESSES THAT DO NOT QUALIFY FOR CONVENTIONAL FINANCING. LOANS ARE MADE TO SMALL BUSINESSES FROM GRANT FUNDS AND CONTRIBUTIONS FROM VARIOUS BUSINESSES AND LOCAL GOVERNMENTS AS WELL AS INTEREST EARNINGS AND PRINCIPAL RETURNED TO THE LOAN FUND POOL. DURING FISCAL YEAR 2021, THE ORGANIZATION DISBURSED OVER $13 MILLION IN LOANS. 364366 0 1379090 COMMUNITY DEVELOPMENT - THE ORGANIZATION COUNSELED OVER 1,000 FAMILIES ON HOME FORECLOSURE AND MITIGATION, AND OVER 800 BUSINESSES WITH MANAGEMENT COUNSELING, BUSINESS MARKETING, GROWTH STRATEGIES, AND GENERAL BUSINESS START UP AND DEVELOPMENT. 376909 0 0 HOUSING AND HOME OWNERSHIP - THE ORGANIZATION HELPS FAMILIES SECURE A HOME OF THEIR OWN AND BUILD THEIR ASSETS. THE ORGANIZATION'S SPECIALISTS WORK TO BUILD A CUSTOMIZED PLAN WITH CLIENTS TO HELP THEM ACHIEVE THEIR GOALS AT THEIR OWN PACE. 3167014 true true false false false false false false false false true false true true true false false true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 15 0 true 26 true false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false X ROSA RIOS VALDEZ 5129129884 1011 SAN JACINTO 500 AUSTIN TX 78701 DAVID SALINAS PRESIDENT 3.00 X 0 0 0 ANDRES GARZA SECRETARY 1.00 X 0 0 0 WILLIAM SUTHERLAND TREASURER 1.00 X 0 0 0 DORA ZAPATA DIRECTOR 1.00 X 0 0 0 DAVID BRENNAN DIRECTOR 1.00 X 0 0 0 STACY BOWERS DIRECTOR 1.00 X 0 0 0 LARRY DOVALINA DIRECTOR 1.00 X 0 0 0 MELISSA CHAMRAD DIRECTOR 1.00 X 0 0 0 ROSA RIOS VALDEZ CHIEF EXECUTIVE OFFICER 40.00 X 150000 0 11048 150000 0 11048 1 false true false 0 296302 829464 1125766 LOAN INTEREST INCOME 525990 827116 0 0 LOAN SERVICING FEES 525990 229805 0 0 LOAN PROCESSING FEES 525990 507001 0 0 CONTRACT INCOME 525990 1289151 0 0 HOMEBUYER COUNSELING 525990 33472 0 0 56467 0 0 2943012 11790 0 11790 4080568 2943012 0 11790 1469857 1469857 161048 125946 35102 0 677274 529655 147619 0 25495 17753 7742 0 74861 52127 22734 0 63478 44201 19277 0 25004 11647 13357 0 65897 30697 35200 0 28916 17069 11847 0 55 0 55 0 28326 22044 6282 0 36456 14937 21519 0 321966 314648 7318 0 538 534 4 0 21826 21826 0 0 283190 271870 11320 0 28677 0 28677 0 50839 28626 22213 0 BAD DEBT PROVISION -35631 -35631 0 0 LOAN SERVICING EXPENSE 169743 169743 0 0 REPAIRS & MAINTENANCE 12103 10749 1354 0 DUES & SUBSCRIPTIONS 43962 43962 0 0 4754 4754 0 0 3558634 3167014 391620 0 2396493 2482714 1193634 6566468 191633 396012 7850793 10633594 23673 101044 276537 86590 218624 189947 300000 300000 7419485 6080435 12667 33781 3077730 2886547 22684732 29670542 89343 147553 677600 418000 3282973 3055526 6506526 13359816 135042 174465 10691484 17155360 X 10729344 11456441 1263904 1058741 11993248 12515182 22684732 29670542 521934 X false true X false true true X 0 1699569 4146069 2084404 6236183 1125766 15291991 0 0 1699569 4146069 2084404 6236183 1125766 15291991 0 15291991 7936 22499 34533 19594 11790 96352 0 0 15388343 8042166 0.99370 0.99530 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 248770 65531 183239 27767 21059 6708 189947 FORGIVABLE LOANS 3580435 C LOAN POOL INVESTMENT 2500000 C 6080435 RESTRICTED CASH 2886547 DUE FROM AFFILIATE 0 2886547 PAYABLE TO CITY PARTICIPANTS 140663 DUE TO AFFILIATE 33802 DEPOSITS & ESCROW LIABILITIES 0 174465 true 1 0 FORGIVEN LOANS 1089 1469857 0 BOOK SEE PART IV Pt I Line 2 PROGRAM DIRECTORS MAINTAIN CLIENT FILES THAT CONTAIN ELIGIBILITY AND Pt I Line 2 SELECTION CRITERIA. THESE ARE MONITORED BY FUNDING AGENCIES ON VARYING Pt I Line 2 ANNUAL AND BI-ANNUAL CYCLES THROUGH COMPLIANCE MONITORING VISITS. Pt III, col (b) CEN-TEX PROVIDED FORGIVABLE SECOND MORTGAGE AND DOWN PAYMENT Pt III, col (b) ASSISTANCE LOANS TO 1,074 QUALIFIED INDIVIDUALS IN TEXAS IN 2020. X X X X X false false false false false false false false false ROSA RIOS VALDEZ 150000 0 0 0 0 0 3000 0 8048 0 161048 0 3000 0 Pt VI, Line 11b THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER REVIEW Pt VI, Line 11b THE FORM 990, WHICH IS THEN SUBMITTED TO THE BOARD FOR Pt VI, Line 11b REVIEW PRIOR TO FILING. Pt VI, Line 12c POTENTIAL CONFLICTS OF INTEREST ARE MONITORED BY AN Pt VI, Line 12c ANNUAL CHECK ON RECEIVING THE SIGNED CODE OF ETHICS FROM Pt VI, Line 12c DIRECTORS AND KEY EMPLOYEES. Pt VI, Line 15a THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND Pt VI, Line 15a APPROVED BY THE BOARD OF DIRECTORS. Pt VI, Line 15b OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION FOLLOWS Pt VI, Line 15b A PAY SCALE. PAY RAISES AND STARTING PAY FOR OTHER Pt VI, Line 15b OFFICERS AND KEY EMPLOYEES ARE APPROVED BY THE Pt VI, Line 15b EXECUTIVE DIRECTOR. Pt VI, Line 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS Pt VI, Line 19 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM Pt VI, Line 19 MANAGEMENT. GRAND CENTRAL TEXAS DEVELOPMENT 1011 SAN JACINTO 500 AUSTIN TX 78701 311748289 AFFORDABLE HOUSING RENTAL TX 501(C)(3) 170(B)(1)(A)VI CEN-TEX CDC false SALUD ES VITA CORPORATION 1011 SAN JACINTO 500 AUSTIN TX 78701 461441793 OLIVE OIL PRODUCTION TX CEN-TEX CDC C 1.00000 false false false false false true false false false false false true false false false true false false false false GRAND CENTRAL TEXAS DEVELOPMENT E 196863 AGREEMENT BETWEEN ORGANIZATIONS GRAND CENTRAL TEXAS DEVELOPMENT K 235530 AGREEMENT BETWEEN ORGANIZATIONS GRAND CENTRAL TEXAS DEVELOPMENT O 86544 AGREEMENT BETWEEN ORGANIZATIONS