TY 2015 Form 990

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public Inspection

Name of the organization

CAHEC BUILDING CORPORATION

Employer identification number

56-2261250

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

			(a) Donor advised funds	(b) Funds and other accounts

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ...........

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ............................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2015

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........

Part V

Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	(c)Two years back	(d)Three years back	(e)Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations .................

3a(i)

(ii) related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land ...
b	Buildings	2,112,760	678,368	1,434,392
c	Leasehold improvements	128,207	27,482	100,725
d	Equipment ...
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				1,535,117

Schedule D (Form 990) 2015

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2015

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	CAHEC BUILDING WAS PART OF THE CONSOLIDATED FINANCIAL STATEMENTS OF CAHEC AND AFFILIATES. THE INCOME TAX NOTE DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS INDICATED THERE WAS NO ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AND THE ENTITIES HAVE NOT BEEN INFORMED BY ANY TAX AUTHORITIES THAT ANY OF THE OPEN TAX YEARS ARE UNDER EXAMINATION AS OF DECEMBER 31, 2015.

Schedule D (Form 990) 2015

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public Inspection

Name of the organization

CAHEC BUILDING CORPORATION

Employer identification number

56-2261250

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization?

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization?

Any related organization? .........................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2015

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1DANA BOOLEPRESIDENT & CEO	(i) (ii)	0 ------------- 343,400	0 ------------- 23,000	0 ------------- 12,540	0 ------------- 26,500	0 ------------- 15,584	0 ------------- 421,024	0 ------------- 0
2JILL ODOMVICE PRESIDENT	(i) (ii)	0 ------------- 150,610	0 ------------- 0	0 ------------- 531	0 ------------- 15,088	0 ------------- 7,941	0 ------------- 174,170	0 ------------- 0
3ERIN GRIFFINSECRETARY/TREASURER	(i) (ii)	0 ------------- 139,994	0 ------------- 10,000	0 ------------- 513	0 ------------- 10,025	0 ------------- 10,851	0 ------------- 171,383	0 ------------- 0
4CHARLES NEWCOMERASSISTANT SECRETARY	(i) (ii)	0 ------------- 194,404	0 ------------- 8,000	0 ------------- 0	0 ------------- 19,835	0 ------------- 7,941	0 ------------- 230,180	0 ------------- 0
5WILLIAM MAYOASSISTANT SECRETARY	(i) (ii)	0 ------------- 166,376	0 ------------- 11,000	0 ------------- 0	0 ------------- 17,738	0 ------------- 15,584	0 ------------- 210,698	0 ------------- 0

Schedule J (Form 990) 2015

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2015

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

CAHEC BUILDING CORPORATION

Employer identification number

56-2261250

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S PRESIDENT AND SECRETARY/TREASURER FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS AND FORM 990 AVAILABLE FOR REVIEW AT ITS OFFICE LOCATED AT 7700 FALLS OF NEUSE ROAD, RALEIGH, NC 27615.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public Inspection

Name of the organization

CAHEC BUILDING CORPORATION

Employer identification number

56-2261250

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)CAHEC PROPERTIES CORPORATION 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2217808	ASSISTS FINANCIAL CAHEC SPONSORED EQUITY FUNDS	NC	501(C)(3)	LINE 9	CAHEC		No
(2)CAHEC FOUNDATION 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 46-0842173	FURTHERS THE CHARITABLE PURPOSES OF CAHEC	NC	501(C)(3)	LINE 9	CAHEC		No
(3)COMMUNITY AFFORDABLE HOUSING EQUITY CORPORATION 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-1805915	PROMOTES AFFORDABLE HOUSING/COMMUNITIES FOR BENEFIT OF LOW/MODERATE-INCOME	NC	501(C)(3)	LINE 9	N/A		No
(4)CAHEC FUND GP LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 46-1280192	FURTHERS THE CHARITABLE PURPOSES OF CAHEC	NC	501(C)(3)	LINE 9	CAHEC		No
(5)HIGHLAND PARK MILL SCP LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-1899644	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	501(C)(3)	LINE 9	CAHEC		No
(6)CAHEC CAPITAL INC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 47-1982875	PROVIDES COMMUNITY DEVELOPMENT FINANCING FOR AFFORDABLE HOUSING PROJECTS	NC	501(C)(3)	LINE 9	CAHEC		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2015

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) AFFORDABLE HOUSING EQUITY FUND I LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 45-4028020	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(2) CAHEC SUB-CDE I LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2008554	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(3) CAHEC SUB-CDE II LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2010314	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(4) CAHEC SUB-CDE III LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2010403	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(5) CAHEC SUB-CDE IV LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2036390	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(6) CAHEC SUB-CDE V LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2038998	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(7) CAHEC SUB-CDE VI LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 30-0782848	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(8) CAHEC SUB-CDE VII LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 30-0782854	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(9) CAHEC SUB-CDE VIII LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 38-3906344	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(10) CAHEC SUB-CDE IX LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 80-0923939	PROMOTES SELF-SUFFICIENCE FOR LOW INCOME PERSONS	NC	N/A
(11) CAROLINA EQUITY FUND V LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2144515	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(12) COMMUNITY EQUITY FUND VI-A LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2205120	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(13) COMMUNITY EQUITY FUND VI-B LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2205125	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(14) COMMUNITY EQUITY FUND VI-C LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2205126	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(15) COMMUNITY EQUITY FUND VI-D LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2205119	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(16) COMMUNITY EQUITY FUND VI-E LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2205109	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(17) COMMUNITY EQUITY FUND VII-A LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2231166	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(18) COMMUNITY EQUITY FUND VII-D LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2231178	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(19) COMMUNITY EQUITY FUND VII-E LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2231184	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(20) COMMUNITY EQUITY FUND VII-F LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 01-0734866	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(21) COMMUNITY EQUITY FUND VIII-A LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2275655	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(22) COMMUNITY EQUITY FUND X EMERGING INVESTOR LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 55-0847945	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(23) COMMUNITY EQUITY FUND X LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 14-1878745	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(24) COMMUNITY EQUITY FUND XI LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-1019570	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(25) COMMUNITY EQUITY FUND XII LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-4239509	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(26) COMMUNITY EQUITY FUND XIII LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 26-0291455	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(27) COMMUNITY EQUITY FUND XIV LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 26-2405784	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(28) COMMUNITY EQUITY FUND XV LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 26-4747487	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(29) COMMUNITY EQUITY FUND XVI LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-3916281	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(30) COMMUNITY EQUITY FUND XVII LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 45-3862444	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(31) COMMUNITY EQUITY FUND XVIII LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 90-0903926	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(32) COMMUNITY EQUITY FUND XIX LIMITED PARTNERSHIP 7701 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 38-3922020	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(33) COMMUNITY EQUITY FUND XX LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 47-2384129	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(34) COMMUNITY EQUITY FUND IX-MS LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 55-0800712	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(35) COMMUNITY EQUITY FUND IX-NC LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 55-0800719	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(36) COMMUNITY HISTORIC CREDIT FUND VII LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 26-1283621	INVESTS IN HISTORIC ENTITIES	NC	N/A
(37) NORTH CAROLINA EQUITY FUND II LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-1983085	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(38) NORTH CAROLINA EQUITY FUND III LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2031240	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(39) NORTH CAROLINA EQUITY FUND IV LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 27-2711306	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(40) SOUTH CAROLINA EQUITY FUND I LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 56-2037365	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(41) SOUTH CAROLINA PRESERVATION FUND I LP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-8422585	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(42) WEST VIRGINIA CEF I LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 26-3685187	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(43) MEADOWCREEK COMMONS LLC 113 SOUTH WILMINGTON STREET RALEIGH,NC27601 27-0861151	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(44) ORCHARD CREEK LLC PO BOX 160 AYNOR,SC29511 26-4598453	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(45) PINE MOUNTAIN TRACE LIMITED PARTNERSHIP PO BOX 26030 GREENSBORO,NC27420 94-3487074	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(46) POWELL SPRING 7706 SIX FORKS ROAD STE 202 RALEIGH,NC27615 27-0705092	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(47) SCOTTISH GLEN II APARTMENTS LLC PO BOX 1437 LAURINBURG,NC28353 27-0847240	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(48) SHELBY MMR LIMITED PARTNERSHIP PO BOX 4503 GREENSBORO,NC27404 27-0876330	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(49) WESTMORE APARTMENTS LLC PO BOX 2278 ASHEVILLE,NC28802 27-0824923	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(50) WEXFORD POINTE APARTMENTS LLC 106 MUIR WOODS DRIVE CARY,NC27513 27-0777031	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(51) SPARTANBURG ELDERLY HOUSING LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 57-1065722	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(52) HIGHLAND PARK MILL LLC 406 EAST FOURTH STREET WINSTONSALEM,NC27101 56-2273272	OWNS LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(53) AFFORDABLE HOUSING EQUITY FUND II LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 80-0895905	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(54) NEW BROOKS POINT APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4451007	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(55) NEW APPLE LANE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3784263	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(56) NEW APPLE VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4229420	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(57) NEW ASHTON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4235304	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(58) NEW AUTUMNWOOD VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4235465	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(59) NEW AZALEA VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3784351	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(60) NEW BRIARWOOD VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3784263	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(61) NEW BROOKS HILL APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4439484	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(62) NEW BROOKS LANE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4450976	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(63) NEW BROOKSFIELD APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4176367	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(64) NEW BROOKSTONE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4451023	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(65) NEW CARSON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4176399	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(66) NEW CHERRY LANE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3784422	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(67) NEW DEERWOOD VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4176435	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(68) NEW DOYLE VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4451050	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(69) NEW EDISON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4533439	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(70) NEW FALLS PARK APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 27-2404684	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(71) NEW FOREST GLEN VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4176500	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(72) NEW GIBSON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3784488	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(73) NEW HAMILTON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4533522	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(74) NEW HIGHLAND VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 27-2404563	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(75) NEW HOLLY VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4507444	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(76) NEW HOUSTON VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4229026	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(77) NEW LAUREL VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4229145	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(78) NEW MAPLE LANE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3785316	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(79) NEW MEADOWBROOK VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3786674	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(80) NEW OAK VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3857676	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(81) NEW PECAN VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4533626	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(82) NEW PINE VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4560826	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(83) NEW QUAIL RUN APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3786678	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(84) NEW ROSEWOOD VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3786682	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(85) NEW SANTA ANA APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3786688	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(86) NEW SHADY GROVE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4560870	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(87) NEW TALBOT VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-3857732	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(88) NEW WESTVIEW APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 45-4560908	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(89) NEW WILLOWPEG LANE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 27-3211586	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(90) NEW WILLOWPEG VILLAGE VILLAGE APARTMENTS LLC PO BOX 23589 COLUMBIA,SC29224 27-3211595	OWNS LOW INCOME RESIDENTIAL HOUSING	SC	N/A
(91) RICHMOND OVERLOOK LP 1819 PEACHTREE ROAD NE SUITE 450 ATLANTA,GA30309 38-3831834	OWNS LOW INCOME RESIDENTIAL HOUSING	GA	N/A
(92) ST CEF I LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 61-1710218	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A
(93) WEST VIRGINIA II LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 80-0892608	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	CAHEC FUND GP LLC	RELATED	-93	150,432		No		Yes		0.010 %
(94) GEORGIA PRESERVATION FUND I LIMITED PARTNERSHIP 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 32-0413405	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	CAHEC FUND GP LLC	RELATED	-212	55,505		No		Yes		0.010 %
(95) GPM SCP LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-3971832	INVESTS IN LOW INCOME RESIDENTIAL HOUSING	NC	N/A

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) CAHEC HOLDINGS LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-1895068	FURTHERS CHARITABLE PURPOSES OF CAHEC	NC	N/A	C				No
(2) CAHEC ENERGY LLC 7701 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 46-5317367	PROMOTES SELF-SUFFCIENCY FROM RENEWABLE ENERGIES	NC	N/A	C				No
(3) CAHEC NEW MARKETS LLC 7700 FALLS OF NEUSE ROAD STE 200 RALEIGH,NC27615 20-2631700	PROMOTES SELF-SUFFCIENCY OF LOW INCOME	NC	N/A	C				No

Schedule R (Form 990) 2015

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

Yes

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) COMMUNITY AFFORDABLE HOUSING EQUITY CORPORATION	J	108,000	COST

Schedule R (Form 990) 2015

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2015

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: HOLDS TITLE TO PROPERTY AND A MAINTAINS BUILDING RESERVE.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	5
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	0
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	108,000	108,000
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	6	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	108,006	108,000
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	81,940	91,592
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	81,940	91,592
19	Revenue less expenses. Subtract line 18 from line 12.......	26,066	16,408
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,808,812	1,825,220
21	Total liabilities (Part X, line 26).............	0	0
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,808,812	1,825,220

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	HOLDING TITLE TO PROPERTY ON BEHALF OF COMMUNITY AFFORDABLE HOUSING EQUITY CORPORATION, A 501(C)(3) ORGANIZATION.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) DANA BOOLE...................................................................... PRESIDENT & CEO	1.00 ................. 40.00	X	X	0	378,940	42,084
(2) JILL ODOM...................................................................... VICE PRESIDENT	1.00 ................. 40.00	X	X	0	151,141	23,029
(3) ERIN GRIFFIN...................................................................... SECRETARY/TREASURER	1.00 ................. 40.00	X	X	0	150,507	20,876
(4) CHARLES NEWCOMER...................................................................... ASSISTANT SECRETARY	1.00 ................. 40.00	X	X	0	202,404	27,776
(5) WILLIAM MAYO...................................................................... ASSISTANT SECRETARY	1.00 ................. 40.00	X	X	0	177,376	33,322

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	1,060,368	147,087

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

			Business Code
2a	RENTAL INCOME	531120	108,000	108,000
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....			108,000

3 Investment income (including dividends, interest, and othersimilar amounts) ..........
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			108,000	108,000	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	56,425
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PROPERTY TAX	25,141
b	MAINTENANCE & WARRANTIE	10,026
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	91,592
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			276,710	1	290,103
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,240,967
b	Less: accumulated depreciation	10b	705,850	1,532,102	10c	1,535,117
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			1,808,812	16	1,825,220

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	0	26	0

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund ...	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	1,808,812	32	1,825,220
33	Total net assets or fund balances ...........	1,808,812	33	1,825,220
34	Total liabilities and net assets/fund balances ........	1,808,812	34	1,825,220