2015-11-04T14:27:38-06:00 2014-12-31 743001153 PMB HELIN DONOVAN LLP 5550 LBJ Freeway Suite 750 Dallas TX 75240 990 2014-01-01 471242650 Hatcher at Scyene Title Holding Company HATC 4692210704 5646 Milton Street No 407 Dallas TX 75206 Dorothy Hopkins CEO 4692210704 2015-10-27 1 Mary Hennington P00141326 9727885315 2014 2016-03-07 17:11:31Z X Dorothy Hopkins 5646 Milton Street Ste 407 Dallas TX 75206 3630337 0 X None X 2014 TX Holding property, leasing property, collecting income, and turning over the entire amount, less expenses to Frazier Revitalization, Inc. (FRI), a not for profit organization whose mission is the revitalizatlon of a low income neighborhood in Dallas, TX. 3 3 0 0 0 0 3624542 0 5795 0 3630337 1033448 0 0 0 0 19065 1052513 2577824 19964377 17386553 2577824 X The Organization is a Qualified Active Low-Income Community Business (QALIC B) for New Markets Tax Credit purposes. It exists to construct a medical facility in the Frazier area of Dallas, TX. 0 0 1052627 1033448 The organization was formed in 2014 and entered into a primary lease with Frazier Revitalization, Inc., which in turn entered into a sub-lease with Dallas County Hospital District, doing business as Parkland Health & Hospital System (PHHS) for 25 years. In August, the Dallas Development Fund (DDF) awarded a $15mm NMTC allocation to Frazier Revitalization, Inc. (FRI) for the construction of a 44,378 sf medical facility in the Frazier area of Dallas, TX. The transaction closed August 2014, with the DDF and JPMorgan Chase, N.A. (Chase). As the NMTC Investor, Chase provided approximately $4.89mm In NMTC equity. Chase provided a $11.7mm term loan ("senior loan") to FRI, part of which was used to fund a $10.45mm "Leverage Loan" from FRI to Chase Investment Fund (CIF), a special purpose investment fund entity. Chase is responsible for the management of CIF. The NMTC Equity and Leverage Loan was combined to capitalize the CIF, which in turn made a Qualified Equity Investment (QEI) of $15mm into a subsidiary of DDF ("Sub-CDE"). DDF, through the aforementioned Sub-CDE, made two Qualified Low Income Community Investment (QLICI) loans to the Organization. The Organization is a Qualified Active Low-Income Community Business (OALIC B). Construction of the facility was approximately 60% complete at year end, opening to be May 2015. Expected patient visits/yr. 65,000. 1052627 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Tabatha Allen 4692210704 5646 Milton Street Ste 407 Dallas TX 75206 X Richard Knight President 5.00 X X 0 0 0 J McDonald Williams Secretary 5.00 X X 0 0 0 John Castle Jr - 5.00 X 0 0 0 0 0 0 0 0 0 0 Hill & Wilkinson 2703 Telecom Pkwy Ste 120 Richardson TX 75081 General Contractor 5878146 Frazier Revitalization Inc 5646 Milton Street Ste 407 Dallas TX 75206 Developer 605361 BOKA Powell 8070 Park Lane Ste 300 Dallas TX 75231 Architect 349271 Pritchard Associates 2121 N Akard Dallas TX 75201 Construction Mangement 168376 Alpha Testing 2209 Wisconsin Ste 100 Dallas TX 75229 Civil Engineering & Environment 107178 5 3624542 3624542 5795 5795 3630337 5795 0 0 1033448 1033448 19179 19179 Return of Bank Fees -114 -114 1052513 1052627 -114 0 4740 8508274 383590 11067773 0 0 11067773 0 19964377 1516553 15700000 0 170000 0 17386553 X 0 0 0 0 0 2577824 0 2577824 0 19964377 2577824 0 X 1 X 1 X 0 0 X 3624542 3624542 3624542 3624542 3624542 5795 5795 3630337 0.99840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1977689 1977689 9090084 9090084 11067773 Developer Fee Payable 170000 170000 3630337 0 3630337 0 3630337 1052513 0 1052513 0 1052513 1 Frazier Revitalization Inc 5646 Milton Street Ste 407 Dallas TX 75206 203395474 1033448 Revitalization of Neighborhoods X 0 0 0 Form 990, Part VI, Section B, line 11 Process used by management or governing body to review Form 990: A draft of Form 990 is emailed to all Board Members for their review. The final version will be provided to each board member prior to filing. Form 990, Part VI, Section B, line 12c Description of process to monitor transactions for conflicts of interest: A questionnaire is provided to each board member to determine conflicts of interest. Each board member fills out and returns questionnaire. The officer will evaluate for potential or stated conflicts, and they are disclosed In the financial statements and form 990. If a conflict is found to exist, the person or persons to which the conflict applies are prohibited from voting on any matters to which conflict relates by the board. Form 990, Part VI, Section B, line 15 Annual budget is approved by the board, part of the annual budget would be the salaries, if there were any employees. Form 990, Part VI, Section C, line 19 Conflict of interest policy and financial statements to general public: HSTHC provides the conflict of interest policy, financial statements and governing documents upon request. Frazier Revitalization Inc 5646 Milton Street Ste 407 Dallas TX 75206 203395474 Revitalization of neighborhood TX 501(c)(3) Line 9 FRI 0 0 1 1 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 Frazier Revitalization Inc B 1033448 Cost Frazier Revitalization Inc C 3623534 Cost Frazier Revitalization Inc E 14700000 Cost Frazier Revitalization Inc J 120000 Annually, to begin in 2015 Frazier Revitalization Inc M 600000 Developer fee paid/accrued to FR