2015-01-30T10:02:22-08:00 2014-06-30 West Davis & Company LLP 11824 Jollyville Road Suite 100 Austin TX 78759 990 2013-07-01 742581297 CEN-TEX CERTIFIED DEVELOPMENT CORP CEN- 5129129884 2212 S CONGRESS AUSTIN TX 78704 ROSA RIOS-VALDEZ EXECUTIVE DIRECTOR 5129129884 2015-01-30 true BOB WEST CPA 5038286650 2013 2016-02-25 16:41:14Z ROSA RIOS-VALDEZ 2212 S CONGRESS AUSTIN TX 78704 2981512 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 20 0 0 889507 2022511 1009865 955423 3578 0 1899372 2981512 0 0 667856 576400 0 0 763667 1228798 1431523 1805198 467849 1176314 12722189 13827036 7102806 6595644 5619383 7231392 TO FURTHER THE ECONOMIC DEVELOPMENT OF TEXAS BY PROMOTING AND ASSISTING false false 1023246 923488 BUSINESS LENDING - THE ORGANIZATION PROCESSES AND SERVICES SBA GUARANTEED LOANS FOR SMALL BUSINESSES THAT DO NOT QUAUFY 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 2014, THE ORGANIZATION DISBURSED OVER $2,300,000 IN LOANS. 451069 31935 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. 44281 BUSINESS DEVELOPMENT - THE ORGANIZATION PROCESSES AND SERVICES GUARANTEED LOANS FOR SMALL BUSINESSES THAT DO NOT QUALIFY FOR CONVENTIONAL FINANCING. IN ADDITION, 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. 1518596 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 false false false false false false false false false false false false false false false false true false false false true 15 0 true 20 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 2212 S CONGRESS AUSTIN TX 78704 ANDRES GARZA JR PRESIDENT 3.00 X 0 0 0 LIZ ALLEN VICE PRESIDENT 3.00 X 0 0 0 BILLIE JONES TREASURER 1.00 X 0 0 0 DAVID SALINAS SECRETARY 1.00 X 0 0 0 WILLIAM SUTHERLAND DIRECTOR 1.00 X 0 0 0 JOSE TREVINO DIRECTOR 1.00 X 0 0 0 DAVID BRENNAN DIRECTOR 1.00 X 0 0 0 MURPHY CHEATHAM DIRECTOR 1.00 X 0 0 0 ROSA RIOS-VALDEZ EXECUTIVE DIREC 40.00 X 110206 0 4664 110206 4664 1 false false false 0 100320 1922191 2022511 LOAN INTEREST INCOME 525990 391300 LOAN SERVICING FEES 525990 248070 LOAN PROCESSING FEES 525990 234413 LOAN APPLICATION FEES 525990 49705 HOMEBUYER COUNSELING 525990 23810 8125 955423 3578 3578 3578 3578 2981512 959001 114870 95916 18954 0 381666 318691 62975 0 2902 2423 479 0 39115 32661 6454 0 37847 31602 6245 0 3314 3314 0 0 94837 0 94837 0 64423 64423 0 0 11393 11393 0 0 53588 44746 8842 0 3425 2860 565 0 226361 189011 37350 0 41305 34490 6815 0 204924 204924 0 0 4843 0 4843 0 28915 24144 4771 0 BAD DEBT PROVISION 377198 377198 0 0 TRAINING 21795 0 21795 0 REPAIRS & MAINTENANCE 20608 17208 3400 0 CONTRIBUTIONS 23806 23806 0 0 48063 39786 8277 0 1805198 1518596 286602 0 2430800 1433696 1715507 3073354 241721 110623 5550179 5022041 16472 47203 146465 16323 73916 130142 100000 100000 1380358 8479 7104 2585115 2522515 12722189 13827036 81540 34684 1361174 6089551 4492618 500000 500000 431715 207168 7102806 6595644 X 4392142 5748192 63922 308719 1163319 1174481 5619383 7231392 12722189 13827036 1176314 435695 X false true X false true true X 756119 1033335 2217825 889507 2022511 6919297 756119 1033335 2217825 889507 2022511 6919297 6919297 211338 15677 227015 7146312 6801856 0.96820 0.92250 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90185 14699 75486 6813 1624 5189 49467 49467 130142 FORGIVABLE LOANS 1380358 C 1380358 INTEREST RECEIVABLE 21576 DUE FROM GRAND CENTRAL TEXAS 670160 RESTRICTED CASH 1830779 2522515 PAYABLE TO CITY PARTICIPANTS 201623 PAYABLE TO GRAND CENTRAL DEPOSITS & ESCROW LIABILITIES 5545 207168 Pt VI, Line 11b THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR FOR ACCURACY. Pt VI, Line 11b MEMBERS OF THE BOARD ARE PROVIDED A COPY OF THE FORM 990 Pt VI, Line 11b TO REVIEW PRIOR TO FILING. Pt VI, Line 12c THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS AND OFFICERS Pt VI, Line 12c OF THE BOARD OF DIRECTORS AS WELL AS KEY MANAGEMENT EMPLOYEES. Pt VI, Line 12c WHEN A CONFLICT OF INTEREST ARISES IT IS BROUGHT TO THE Pt VI, Line 12c ATTENTION OF THE EXECUTIVE DIRECTOR WHO BRINGS IT TO ATTENTION Pt VI, Line 12c OF THE BOARD OF DIRECTORS. THE BOARD PRESIDENT IN CONSULTATION WITH Pt VI, Line 12c APPROPRIATE BOARD MEMBERS AND KEY MANAGEMENT WILL DETERMINE Pt VI, Line 12c IF A CONFLICT EXISTS AND DETERMINE APPROPRIATE ACTIONS ON A CASE Pt VI, Line 12c BY CASE BASIS FOR AN INDIVIDUAL WITH A CONFLICT OF INTEREST. Pt VI, Line 15a THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED Pt VI, Line 15a 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 ARE MADE Pt VI, Line 19 AVAILABLE TO THE PUBLIC UPON REQUEST FROM MANAGEMENT. GRAND CENTRAL TEXAS DEVELOPMENT 2212 S CONGRESS AUSTIN TX 78704 311748289 PROPERTY MANAGEMENT TX 501(C)(3) 170(B)(1)(A)VI CEN-TEX CDC false SALUD ES VITA CORPORATION 2212 S CONGRESS AUSTIN TX 78704 461441793 OLIVE OIL PRODUCTION TX CEN-TEX CDC C -115581 216079 1.00000 false false false false true false false false false false false true true false false true false false false false GRAND CENTRAL TEXAS DEVELOPMENT d 325905 AGREEMENT BETWEEN ORGANIZATIONS GRAND CENTRAL TEXAS DEVELOPMENT k 157431 AGREEMENT BETWEEN ORGANIZATIONS GRAND CENTRAL TEXAS DEVELOPMENT l 12000 AGREEMENT BETWEEN ORGANIZATIONS GRAND CENTRAL TEXAS DEVELOPMENT o 24992 AGREEMENT BETWEEN ORGANIZATIONS SALUD ES VITA CORPORATION d 200000 AGREEMENT BETWEEN ORGANIZATIONS