2012-05-04T11:51:18-05:00 2011-06-30 BROWN GRAHAM AND COMPANY PC 13809 RESEARCH BLVD STE 305 AUSTIN TX 78750 990 2010-07-01 742581297 CEN-TEX CERTIFIED DEVELOPMENT CORP CEN- 5129129884 2212 S CONGRESS AUSTIN TX 78704 ROSA RIOS-VALDEZ 5129129884 2012-04-13 1 SHANNON ANDRE 5122578078 2012-04-13 2010 2016-02-24 21:20:13Z ROSA RIOS-VALDEZ PO BOX 220 L-108 AUSTIN TX 78767 1558165 0 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. 9 9 12 0 0 0 527753 661935 756119 896230 211338 0 0 0 1495210 1558165 0 0 0 0 515096 555714 0 0 0 664200 1102493 1179296 1658207 315914 -100042 8009911 10072587 2973491 5566791 5036420 4505796 TO FURTHER THE ECONOMIC DEVELOPMENT OF TEXAS BY PROMOTING AND ASSISTING IN THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS. TO ASSIST IN THE DEVELOPMENT OF AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES. 0 0 982717 630494 BUSINESS LENDING: THE ORGANIZATION PROCESSES AND SERVICES SBA GUARANTEED 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 2011, THE STAFF FACILITATED $34.5 MILLION IN BUSINESS LOANS IN UNDER SERVED COMMUNITIES AND CREATED 278 NEW JOBS. 472291 265736 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. 1455008 1 1 0 0 0 0 0 0 0 1 0 0 1 1 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 8 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X ROSA RIOS-VALDEZ 5129129884 2212 S CONGRESS AUSTIN TX 78704 BARRY LEWIS 1.00 X 0 0 0 MARGIE MOORE 1.00 X 0 0 0 DAVID BRENNAN 1.00 X 0 0 0 JOSE TREVINO 1.00 X 0 0 0 DAVID SALINAS 1.00 X 0 0 0 ROSA RIOS-VALDEZ 40.00 X 128557 0 3129 ANDRES GARZA JR 3.00 X 0 0 0 LIZ ALLEN 3.00 X 0 0 0 BILLIE JONES 1.00 X 0 0 0 CHERRIE FISHER 1.00 X 0 0 0 128557 0 3129 1 0 0 0 0 510535 151400 661935 LOAN INTEREST INCOME 525990 276667 276667 OTHER PROGRAM INCOME 525990 263535 263535 LOAN SERVICING FEES 525990 203198 203198 LOAN PROCESSING FEES 525990 101125 101125 LOAN APPLICATION FEES 525990 40646 40646 11059 11059 896230 1558165 896230 0 0 131686 109299 22387 349265 289890 59375 38752 32164 6588 36011 29889 6122 43827 36376 7451 60183 49952 10231 68144 56559 11585 37061 30761 6300 231024 191750 39274 30820 25581 5239 105437 105437 2239 2239 21760 18061 3699 PROVISION FOR BAD DEBTS 355252 355252 LOAN PACKAGING 39276 32599 6677 MARKETING 28158 23371 4787 CUSTOMER REIMBURSEMENT- 22500 18675 3825 REPAIRS & MAINTENANCE 16319 13545 2774 40493 33608 6885 1658207 1455008 203199 0 439 2505326 4622500 259181 54020 197952 3000068 4165615 23518 27311 85613 8048 78101 77565 231265 2839637 8009911 10072587 11417 86910 2912788 4776736 400000 49286 303145 2973491 5566791 X 2843083 2918488 630582 293468 1562755 1293840 5036420 4505796 8009911 10072587 X -100042 -430582 X X 0 1 0 X 1 1 X 560514 481098 496396 756119 1033335 3327462 560514 481098 496396 756119 1033335 3327462 3327462 289487 320387 226236 211338 1047448 4374910 3258180 0.76060 0.67890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84435 7950 76485 1178 98 1080 77565 INTEREST RECEIVABLE 28044 DUE FROM GRAND CENTRAL TEXAS 56030 BUILDING HELD FOR RESALE 1146000 RESTRICTED CASH 1609563 2839637 PAYABLE TO CITY PARTICIPANTS 303145 303145 FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR FOR ACCURACY. MEMBERS OF THE BOARD ARE PROVIDED A COPY OF THE FORM 990 AFTER THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS AND OFFICERS OF THE BOARD OF TRUSTEES AS WELL AS KEY MANAGEMENT EMPLOYEES. WHEN A CONFLICT OF INTEREST ARISES IT IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR WHO BRINGS IT TO ATTENTION OF THE BOARD OF DIRECTORS. THE BOARD PRESIDENT IN CONSULTATION WITH APPROPRIATE BOARD MEMBERS AND KEY MANAGEMENT WILL DETERMINE IF A CONFLICT EXISTS AND DETERMINE APPROPRIATE ACTIONS ON A CASE-BY-CASE BASIS FOR AN INDIVIDUAL WITH A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM MANAGEMENT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -430,582. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRAND CENTRAL TEXAS 2212 S CONGRESS AUSTIN TX 78704 311748289 PROPERTY MANAGEMENT TX 501C3 170(B)(1)(A)VI CEN-TEX CERTIFIED DEVELOPMENT CORP 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 GRAND CENTRAL TEXAS J 122165 AGREEMENT BETWEEN ORGANIZATIONS