2012-08-09T15:28:17-05:00 2011-12-31 743001153 PMB HELIN DONOVAN LLP 5550 LBJ FREEWAY SUITE 750 DALLAS TX 75240 990 2011-01-01 203395474 FRAZIER REVITALIZATION INC FRAZ 4692210704 5646 MILTON STREET NO 407 DALLAS TX 75206 DOROTHY HOPKINS 4692210704 2012-08-09 1 MARY S HENNINGTON P00141326 9727885315 2011 2016-02-24 21:20:13Z DOROTHY HOPKINS 5646 MILTON STREET SUITE 407 DALLAS TX 75206 684618 0 X WWW.FRIDALLAS.ORG X 2005 TX ECONOMIC, CULTURAL DEVELOPMENT, AND REVITALIZATION OF THE SOUTH DALLAS FAIR PARK AREA 10 10 5 10 0 0 710328 679305 0 0 1337 -14837 28574 5200 740239 669668 0 0 0 0 534186 298150 0 0 13812 388752 468561 922938 766711 -182699 -97043 2932906 3336945 1528226 2045108 1404680 1291837 X ECONOMIC, CULTURAL DEVELOPMENT, AND REVITALIZATION OF THE SOUTH DALLAS FAIR PARK AREA 0 1 707430 LAND ASSEMBLAGE: FRI ACCOMPLISHES THE PREDEVELOPMENT WORK, ACQUIRING PARCELS AND CONVEYING THEM TO EITHER NON-PROFIT OR FOR-PROFIT DEVELOPERS WHO AGREE TO BUILD HOUSING, RETAIL OR OTHER AMENITIES DESIRED BY THE RESIDENTS. FRI ALSO PREPARES RESIDENTS WHO HAVE PREVIOUSLY BEEN RENTERS TO BECOME SUCCESSFUL HOMEOWNERS. 707430 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 1 X 11 0 5 1 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X TABITHA SMITH 4692210703 5646 MILTON STREET STE 407 DALLAS TX 75206 RICHARD KNIGHT 5.00 X 0 0 0 J MCDONALD WILLIAMS 15.00 X 0 0 0 LUCY CAIN 5.00 X 0 0 0 WANDA CAMPBELL 5.00 X 0 0 0 BEVERLY DEBOSE 5.00 X 0 0 0 PAUL W HARRIS 5.00 X 0 0 0 PATRICIA S WILLIAMS 5.00 X 0 0 0 ANN LOTT 5.00 X X 0 0 0 ANTONG LUCKY 5.00 X 0 0 0 STEVE MODORY 5.00 X 0 0 0 DOROTHY HOPKINS 40.00 X 0 107400 3340 JONATHON E EDMONDS 40.00 X 146478 50000 26795 146478 157400 30135 1 1 1 0 COVERALL MANAGEMENT PO BOX 765129 DALLAS TX 75376 DEMO & OTHER PRE-DEV COSTS 133724 1 39205 640100 679305 113 113 5200 0 5200 5200 5200 14950 -14950 -14950 -14950 669668 -9637 0 0 173273 155946 13862 3465 83937 67150 12591 4196 27085 21668 4063 1354 13855 11959 1466 430 101970 101970 8832 7605 947 280 2674 1674 1000 630 542 68 20 7524 6479 807 238 14531 12512 1559 460 28794 24793 3089 912 779 671 84 24 1683 1449 181 53 42988 42581 407 24389 21000 2616 773 14759 12708 1583 468 COMMUNITY PROGRAMS 143609 143609 REAL ESTATE TAXES 45420 45420 PROPERTY MGMT & MAINTEN 25470 25470 EQUIPMENT RENTAL & MAIN 4398 3787 472 139 111 111 766711 707430 45469 13812 148864 159397 246 1977 0 3215723 38175 2781819 3177548 2932906 3336945 30977 71590 80165 1497249 1647249 246104 1528226 2045108 X 1404680 1291837 1404680 1291837 2932906 3336945 X -97043 -15800 X 0 1 0 X 0 X 1567215 299380 1037828 710328 679305 4294056 1567215 299380 1037828 710328 679305 4294056 4294056 9052 18882 5530 28574 -9750 52288 10985 10985 4357329 0.98550 0.98150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3151758 3151758 63965 38175 25790 3177548 669668 766711 -97043 -15800 -15800 -112843 669668 0 669668 0 669668 766711 0 766711 0 766711 X 0 0 0 1 1 0 0 0 0 JONATHON E EDMONDS 146478 50000 0 0 0 0 7324 0 19471 0 173273 50000 0 0 PART I, LINE 5 PURSUANT TO MR. EDMONDS RESIGNATION AGREEMENT, HE IS TO RECEIVE $100,000 IN THE EVENT THE ORGANIZATION RECEIVES AT LEAST $1,000,000 IN DEVELOPERS' FEES ON THE PROPOSED TRANSIT-ORIENTED DEVELOPMENT PROJECT WITHIN 2 YEARS OF THE AGREEMENT. PAUL W HARRIS TRUSTEE 747249 HOBLITZELLE GUARANTEED LOAN 0 J MCDONALD WILLIAMS TRUSTEE 747249 HOBLITZELLE GUARANTEED LOAN 0 JONATHON E EDMONDS FORMER PRESIDENT 7385 WIFE EMPLOYEE OF FRI 0 DOROTHY HOPKINS PRESIDENT & CEO 0 EMPLOYEE OF J. MCDONALD WILLIAMS 0 CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 SOUTH DALLAS ACTION PLAN - PROGRAM WAS COMPLETE. URBAN PLAN NOT CURRENTLY MOVING FORWARD PART VI, LINE 7 B THE BOARD MEETS PERIODICALLY TO REVIEW FINANCIAL STATEMENTS AND TO PROVIDE GUIDANCE AND GOVERNANCE FOR FRI. FORM 990, PART VI, SECTION A, LINE 2 DESCRIPTION OF RELATIONSHIP: HOBLITZELLE FOUNDATION GUARANTEES A PORTION OF LINE OF CREDIT FOR FRI. THE PRESIDENT AND CEO, AND THE TREASURER OF HOBLITZELLE FOUNDATION ARE BOTH ON FRAZIER'S BOARD. 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. INDEPENDENT AUDITED FINANCIAL STATEMENTS PART IV, LINE 12A THE ORGANIZATION OBTAINS INDEPENDENT AUDITED FINANCIAL STATEMENTS. THE AUDIT FOR THE 2010 FINANCIAL STATEMENTS TOOK PLACE IN AUGUST, 2011; THE AUDIT FOR THE 2011 FINANCIAL STATMENTS BEGINS ON AUGUST 15, 2012. FORM 990, PART VI, SECTION B, LINE 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTION 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 STATEMENT 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 OFFICERS & POSITIONS FRI ANNUAL BUDGET IS APPROVED BY THE BOARD. PART OF THE ANNUAL BUDGET IS THE SALARY OF THE PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS TO GENERAL PUBLIC: FRI POROVIDES THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -15,800. FRI HS GP LLC PO BOX 796368 DALLAS TX 75379 274602352 ACQUIRE & MAINTAIN LAND FOR HOUSING DEVELOPMENT TX 0 0 FRAZIER REVITALIZATION INC FRAZIER HS LP PO BOX 796368 DALLAS TX 75379 274079924 ACQUIRE & MAINTAIN LAND FOR HOUSING DEVELOPMENT TX FRAZIER REVITALIZATION INC RELATED 1035873 0 0 0.99900 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FRAZIER HS LP C 1036909 PURCHASE PRICE CAPITAL CONTRIBUTION PART V, LINE 1C FRAZIER HS, LP AND FRI HS GP, LLC WERE FORMED FOR THE PURPOSE OF FILING AN APPLICATION FOR 9% LOW INCOME HOUSING TAX CREDITS. LAND AND DEBT WERE DEEDED INTO FRAZIER HS, LP, BUT IF FRI IS NOT SUCCESSFUL IN BEING AWARDED THE HOUSING TAX CREDITS, THE LAND AND DEBT WILL THEN BE DEEDED BACK TO FRI.