Enterprise Community Partners Inc.

“The audit committee of the board reviews the final return at a meeting and approves for filing.”

“An annual conflict of interest disclosure exercise is performed by the organization each january. This exercise requires each employee to read the business ethics policy and complete the conflict of interest disclosure form identifying any possible conflicts known by the employee. New employees are also required to complete the conflict of interest disclosure form upon hiring. A log is maintained of any documented conflicts for future referencing. On an annual basis, all directors acknowledge their familiarity with the enterprise conflict of interest policy and complete the disclosure statement. The completed statements are reviewed by the general counsel. Any issues noted are referred to the board or appropriate committee.”

“The process for determining compensation for the ceo and officer positions of enterprise community partners is as follows: partners engages an independent consulting firm to provide a compensation study for the ceo & officers positions to establish a market value. The board of trustees discusses and sets the ceo compensation. The board also reviews and approves the ceo's and cfo's recommendations for other officers' compensation. This process is documented in the board meeting minutes.”

“Documents are made available to the public upon request and through the organization's website.”

“Enterprise's mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are a proven and powerful nonprofit that improves communities and people's lives by making well-designed homes affordable. We bring together nationwide know-how, partners, policy leadership and investment to multiply the impact of local affordable housing development, because we may have similar goals in life, but not the same opportunities, and where you live affects the life you can have.”

“Enterprise's mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are a proven and powerful nonprofit that improves communities and people's lives by making well-designed homes affordable. We bring together nationwide know-how, partners, policy leadership and investment to multiply the impact of local affordable housing development, because we may have similar goals in life, but not the same opportunities, and where you live affects the life you can have.”

“Solutions: we foster community improvement from the ground up: well-designed, affordable homes connected to resources like health care, schools, jobs and transportation so that people have the opportunity to reach their full potential. Since the 2017 launch of opportunity360, well over 100,000 partners in community development have accessed the platform and used our data to make the case for affordable housing in their communities. Enterprise's highly experienced teams work on the ground from coast to coast, and we have offices and dedicated staff in these markets: chicago, denver, detroit, gulf coast, mid-atlantic, new york, northern california, ohio, pacific northwest, southeast and southern california.”

“Capital: enterprise raises private and public capital through investment and fundraising, and by forming effective partnerships. We increase the impact of dollars raised by match-making the right partners and directing capital to the right places. We awarded almost $33 million in grants to 254 affordable housing and community development organizations across the united states. Enterprise committed more than $20 million in grants to new york landbanks, community land trusts, and other housing development organizations to address critical needs housing, housing quality improvement, gap-financing, and assistance to housing finance agencies. In a continued response to weather-related disasters, enterprise committed over $550,000 in grants and technical assistance to community organizations leading recovery and rebuilding efforts throughout florida, texas, puerto rico and the u.s. Virgin islands. In 2018, we invested more than $7.6 billion to create homes, strengthen communities and connect people to opportunity, with 19,000 affordable homes and 36,000 workforce/market rate homes created or preserved.”

“Policy: enterprise works with public and private sectors at the federal, state and local levels to connect people to opportunity, starting with an affordable home. We partner with elected officials and community leaders to promote policies and practices that support housing stability, advance residents' health and well-being, and provide opportunities for economic mobility. Enterprise's federal policy efforts, including 276 congressional visits, supported significant funding increases for many affordable and community development programs in the fiscal year 2018 omnibus spending package, including a 12.5 percent increase in the low-income housing tax credit allocation authorized for 2018-2021. We also provided critical, time-sensitive information to guide states in nominating qualified opportunity zones and engaged deeply in the regulatory process at the federal level. Our policy team also publishes research and analyses that inform best practices and the development of sound policies.”

“Consulting services: program service expenses 9,108,665. Management and general expenses 147,939. Fundraising expenses 0. Total expenses 9,256,604.”

“Change in net assets 146,019,095. Reallocation of interests to reflect ownership share 887,544. Eci - direct equity adjustments -4,064,000. Intercompany grant -49,219,000. Other gaap-to-tax adjustment -11,013.”