2012-11-06T09:31:06-06:00 2011-12-31 943108253 NOVOGRADAC & COMPANY LLP 2325 LAKEVIEW PARKWAY SUITE 450 ALPHARETTA GA 30009 990 2011-01-01 522101165 CITY FIRST ENTERPRISES INC CITY 2027454490 1436 U STREET NW NO 404 WASHINGTON DC 20009 DAVID WILKINSON 2027454490 2012-11-05 1 BENTLEY STANTON P00369094 6788672333 2011 2016-02-24 21:20:13Z DAVID WILKINSON 1436 U STREET NW NO 404 WASHINGTON DC 20009 5852411 0 X CFENTERPRISES.ORG X 1998 DC TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT IN DC'S DISTRESSED COMMUNITIES. 7 7 4 0 0 0 945000 5696000 0 0 185083 51338 119388 105073 1249471 5852411 572000 720738 0 0 348144 312448 0 0 81492 390698 4968686 1310842 6001872 -61371 -149461 16292407 12323256 5812142 1726858 10480265 10596398 TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT IN DC'S DISTRESSED AND UNDERSERVED COMMUNITIES, ATTRACT RESPONSIVE INVESTMENT CAPITAL TO DC'S UNDERSERVED COMMUNITIES, AND DEVELOP NEW PRODUCTS AND SERVICES TO FILL MARKET GAPS AND STRENGTHEN DISTRESSED NEIGHBORHOODS. 0 0 5665505 5696000 REFINED PLAN FOR AN AFFORDABLE HOUSING INITIATIVE IN WASHINGTON DC. WORKED WITH THE DISTRICT TO DEFINE MUNICIPAL REGULATIONS FOR THE AFFORDABLE HOUSING AND LAND TRUST PROGRAM. OBTAINED GRANTS TO LAUNCH A PILOT OF 1,000 AFFORDABLE HOUSING UNITS. 5665505 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 DC X GAGNE PARKER CPAS PLLC 2023331670 1680 WISCONSIN AVE NW WASHINGTON DC 20007 JAIME BORDENAVE 1.00 X 0 0 0 AURIE HALL 1.00 X 0 0 0 KIMBERLY LEVINE 1.00 X 0 0 0 CF MUCKENFUSS III 1.00 X 0 0 0 REV DAVID BOWERS 1.00 X 0 0 0 PATRICIA HENRIQUES 1.00 X 0 0 0 DR HASSAN MINOR 1.00 X 0 0 0 DAVE WILKINSON 45.00 X 122396 0 5000 JOHN HAMILTON 25.00 X 109375 0 4375 231771 0 9375 2 0 0 0 0 4100000 1596000 5696000 51338 51338 OTHER REVENUE 900099 105073 105073 105073 5852411 0 0 156411 720738 720738 270113 118966 113520 37627 21450 9447 9015 2988 20885 9198 8778 2909 51621 22735 21695 7191 151766 66838 63787 21141 16009 7050 6729 2230 750 330 315 105 8008 8008 6535 2878 2747 910 RETURN OF D.C. FUNDS 4556811 4556811 PROGRAM EXPENSE 91757 91757 0 0 PROFESSIONAL FEES 85429 58757 20281 6391 6001872 5665505 254875 81492 2965946 1983086 275000 600000 13706 10081 4025000 4287061 25239 23761 37074 27812 15595 9262 4757137 5022731 4000000 198823 214784 188451 16292407 12323256 79142 93858 5733000 1633000 5812142 1726858 X 5279803 9536914 5200462 1059484 10480265 10596398 16292407 12323256 X -149461 265594 X X 0 1 1 X 0 X 10497911 1326453 1410002 945000 5699600 19878966 10497911 1326453 1410002 945000 5699600 19878966 19878966 116520 338051 136591 185083 51338 827583 20706549 0.96000 0.94820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37074 27812 9262 9262 INVESTMENT IN CFBANC CORPORATION - 24% OWNERSHIP 5022731 C 5022731 5852411 6001872 -149461 265594 265594 116133 6286210 265594 168205 433799 5852411 0 5852411 6170077 168205 168205 6001872 0 6001872 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT REVIEWS RETURN. BOARD IS GIVEN A COPY OF RETURN TO REVIEW. BOARD SUBMITS COMMENTS TO MANAGEMENT. MANAGEMENT DISCUSSES RETURN WITH TAX PREPARER TO INCORPORATE ANY CHANGES; FINAL DRAFT PREPARED & DISCUSSED WITH BOARD. BOARD APPROVES RETURN; THEN THE RETURN IS FILED BY THE PREPARER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS FOR CONFLICT OF INTEREST ISSUES THAT ARE REFERRED TO THEIR LAWYERS AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS COMPARABLE PAY DATA, CONSIDERS QUALIFICATIONS OF THE CANDIDATE(S) AND FORMALIZES ITS COMPENSATION DECISIONS THROUGH A FORMAL BOARD OF DIRECTORS VOTE THAT IS RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII JAIME BORDENAVE - 1120 RHODE ISLAND AVENUE, NW, WASHINGTON, DC 20001. AURIE HALL - 6123 30TH ST NW, WASHINGTON, DC 20015. KIMBERLY LEVINE - 1432 U STREET NW, WASHINGTON, DC 20009. C.F. MUCKENFUSS, III - 1050 CONNECTICUT AVENUE, NW, WASHINGTON, DC 20036. REV. DAVID BOWERS - 10 G ST, NW, SUITE 450, WASHINGTON, DC 20002. PATRICIA HENRIQUES - 1708 23RD STREET SOUTH, ARLINGTON, VA 22202. DR. HASSAN MINOR - 2400 SIXTH STREET NW, SUITE 302, WASHINGTON, DC 20059. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 265,594. FOR THE YEAR ENDED DECEMBER 31, 2011, CITY FIRST ENTERPRISES, INC. INSTITUED AN AUDIT COMMITTEE. CITY FIRST HOMES INC 1436 U STREET NW WASHINGTON DC 20009 262335395 TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING AFFORDABLE HOUSING. DC 501(C)(3) 509(A)(2) CITY FIRST ENTERPRISES INC 0 CFBANC CORPORATION 1432 U STREET NW WASHINGTON DC 20009 522101164 MANAGING CITY FIRST BANK OF D.C. DC C 265594 0.23660 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 CITY FIRST HOMES INC B 720738 CASH CITY FIRST HOMES INC D 3575000 CASH CITY FIRST HOMES INC D 118959 CASH CITY FIRST HOMES INC A 51000 CASH CITY FIRST HOMES INC D 15000 CASH CITY FIRST BANK OF DC O 15226 CASH