TY 2014 Form 990

(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)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) AUDRA BOHANNON........................................................................ DIRECTOR	2.00 .......................	X			0	0
(2) BRIAN LP FALLON........................................................................ DIRECTOR	2.00 .......................	X			0	0
(3) EDWARD H MARCHANT........................................................................ TREASURER/DIRECTOR	2.00 .......................	X	X		0	0
(4) HIPOLITO ROLDAN........................................................................ DIRECTOR	2.00 .......................	X			0	0
(5) JONATHAN M KEYES........................................................................ CLERK/DIRECTOR	2.00 .......................	X	X		0	0
(6) MARY JO BANE........................................................................ DIRECTOR	2.00 .......................	X			0	0
(7) PHILLIP L CLAY........................................................................ CHAIRMAN/DIRECTOR	2.00 .......................	X	X		0	0
(8) SARA LINDHOLM........................................................................ DIRECTOR	2.00 .......................	X			0	0
(9) BARTHOLOMEW J MITCHELL III........................................................................ PRESIDENT/CEO	40.00 .......................		X		328,154	31,391
(10) BEVERLY J BATES........................................................................ SENIOR VICE PRESIDENT	40.00 .......................		X		272,873	28,681
(11) JONATHAN KLEIN........................................................................ SENIOR VICE PRESIDENT	40.00 .......................		X		262,741	6,925
(12) MARIA PIETROFORTE........................................................................ SENIOR VICE PRESIDENT	40.00 .......................		X		102,929	4,389
(13) MICK VERGURA........................................................................ CFO/SENIOR VICE PRESIDENT	40.00 .......................		X		277,418	31,059
(14) PATRICK COSTIGAN........................................................................ SENIOR VICE PRESIDENT	40.00 .......................		X		195,431	23,215
(15) HOMAYOUN SARABI........................................................................ VP DESIGN AND CONSTRUCTION	40.00 .......................			X	212,386	18,853
(16) JOHANNA SMITH........................................................................ DEPUTY GENERAL COUNSEL	40.00 .......................			X	190,859	28,088
(17) ROBERT FOSSI........................................................................ MID ATLANTIC REGIONAL DIRE	40.00 .......................			X	201,115	14,499

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....
5	Compensation of current officers, directors, trustees, and key employees ....	1,706,167	1,590,830	115,337
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 ....	33,659,683	30,717,024	2,942,659
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	2,184,687	1,933,032	251,655
9	Other employee benefits .......	5,138,659	4,730,798	407,861
10	Payroll taxes ...........	2,917,172	2,499,501	417,671
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	98,291	98,291
c	Accounting ...........	280,008	213,908	66,100
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) ....	942,968	745,298	197,670
12	Advertising and promotion ....
13	Office expenses .......	177,263	79,715	97,548
14	Information technology ......	418,921	188,389	230,532
15	Royalties ..
16	Occupancy ...........	383,940	172,658	211,282
17	Travel ............	225,430	101,376	124,054
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....	109,577	49,277	60,300
20	Interest ...........	2,324,937	2,324,937
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	869,819	818,286	51,533
23	Insurance ..............	179,721	83,964	95,757
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	DIRECT PROJECT & PROGRA	26,509,397	26,509,397
b	LOAN LOSS RESERVE	18,208,981	18,208,981
c
d
e	All other expenses	227,364	92,576	134,788
25	Total functional expenses. Add lines 1 through 24e	96,562,985	91,158,238	5,404,747	0
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).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	20,447,212	1	18,484,874
2	Savings and temporary cash investments .........		2
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	21,493,657	4	41,659,590
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
		2,031,436	6	0
7	Notes and loans receivable, net .............	37,267,935	7	34,677,957
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	945,213	9	1,014,602
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	41,182,929
b	Less: accumulated depreciation .....	10b	3,432,554	39,489,951	10c	37,750,375
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 .....	5,521,552	13	9,797,079
14	Intangible assets ...............	192,173	14	403,859
15	Other assets. See Part IV, line 11 ...........	2,794,480	15	4,096,398
16	Total assets. Add lines 1 through 15 (must equal line 34)......	130,183,609	16	147,884,734
	17	Accounts payable and accrued expenses .........	10,553,424	17	10,395,061
18	Grants payable .................		18
19	Deferred revenue ................	1,116,873	19	1,476,344
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 ..	43,811,185	23	61,126,418
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....................	43,794,216	25	41,793,130
26	Total liabilities. Add lines 17 through 25.........	99,275,698	26	114,790,953
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	30,186,806	27	14,344,044
28	Temporarily restricted net assets ...........	721,105	28	18,749,737
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 ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	30,907,911	33	33,093,781
34	Total liabilities and net assets/fund balances ........	130,183,609	34	147,884,734

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations .............................

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

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

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2014

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....	13,113,963	39,077,208	5,355,056	1,793,385	28,000,925	87,340,537
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	13,113,963	39,077,208	5,355,056	1,793,385	28,000,925	87,340,537
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.						87,340,537

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
7	Amounts from line 4..	13,113,963	39,077,208	5,355,056	1,793,385	28,000,925	87,340,537
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	5,679	11,120	8,786	15,283	2,616	43,484
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	225,767	178,512	540,366	515,746	590,246	2,050,637
11	Total support Add lines 7 through 10.						89,434,658

Gross receipts from related activities, etc. (see instructions) ..................

258,744,177

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) .........

97.660 %

Public support percentage for 2013 Schedule A, Part II, line 14 ...............

92.930 %

16a

33 1/3% support test—2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2013 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2013 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2014. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Schedule A (Form 990 or 990-EZ) 2014

Page 5

Part IV

Supporting Organizations (continued)

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2014

Page 6

Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1. Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6
7	Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014

Page 7

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2014 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2014	(iii) Distributable Amount for 2014
1 Distributable amount for 2014 from Section C, line 6
2 Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2014 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2014 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2015. Add lines 3j and 4c.
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......
e From 2014.......

Schedule A (Form 990 or 990-EZ) (2014)

Schedule A (Form 990 or 990-EZ) 2014

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

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

OMB No. 1545-0047

2014

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

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

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization THE COMMUNITY BUILDERS INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization THE COMMUNITY BUILDERS INC

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to 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

2014

Open to Public Inspection

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to 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" to 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, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, 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" to 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 in 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 in 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) 2014

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" to 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

If "Yes," explain the arrangement in Part XIII and complete the following table:


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" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (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 in 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" to 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' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................	8,839,805		8,839,805
b	Buildings ................	30,567,235	2,052,401	28,514,834
c	Leasehold improvements ............	1,185,420	814,149	371,271
d	Equipment ................	590,469	566,004	24,465
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				37,750,375

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to 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
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to 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) INVESTMENT IN PARTNERSHIPS & CORPS.	9,797,079	C








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)	9,797,079

Part IX

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

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

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

1.(a) Description of liability		(b) Book value
Federal income taxes
ACCRUED PENSION COSTS		15,351,551
DUE TO AFFILIATES		26,441,579







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		41,793,130
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) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to 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' to 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:	GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEAR ENDED SEPTEMBER 30, 2015, THE COMPANY HAS DETERMINED THAT IT HAS NOT TAKEN ANY TAX POSITIONS WHICH WOULD RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. THERE WERE NO INTEREST OR PENALTIES FOR THE YEAR ENDED SEPTEMBER 30, 2015. GENERALLY, THE COMPANY'S INFORMATION AND TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION.

Return Reference

Explanation

PART X, LINE 2:

GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR THE YEAR ENDED SEPTEMBER 30, 2015, THE COMPANY HAS DETERMINED THAT IT HAS NOT TAKEN ANY TAX POSITIONS WHICH WOULD RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. THERE WERE NO INTEREST OR PENALTIES FOR THE YEAR ENDED SEPTEMBER 30, 2015. GENERALLY, THE COMPANY'S INFORMATION AND TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION.

Schedule D (Form 990) 2014

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" to 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

2014

Open to Public Inspection

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

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 in 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 in 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 in 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," to line 5a or 5b, describe in Part III.

For persons listed in 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," to line 6a or 6b, describe in Part III.

For persons listed in 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 in 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" to 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) 2014

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 in 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 in 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)
1BARTHOLOMEW J MITCHELL IIIPRESIDENT/CEO	(i) (ii)	328,154 ............................... 0	0 ............................... 0	0 ............................... 0	23,000 ............................... 0	8,391 ............................... 0	359,545 ............................... 0	0 ............................... 0
2BEVERLY J BATESSENIOR VICE PRESIDENT	(i) (ii)	272,873 ............................... 0	0 ............................... 0	0 ............................... 0	23,000 ............................... 0	5,681 ............................... 0	301,554 ............................... 0	0 ............................... 0
3JONATHAN KLEINSENIOR VICE PRESIDENT	(i) (ii)	262,741 ............................... 0	0 ............................... 0	0 ............................... 0	6,925 ............................... 0	0 ............................... 0	269,666 ............................... 0	0 ............................... 0
4MICK VERGURACFO/SENIOR VICE PRESIDENT	(i) (ii)	277,418 ............................... 0	0 ............................... 0	0 ............................... 0	23,000 ............................... 0	8,059 ............................... 0	308,477 ............................... 0	0 ............................... 0
5PATRICK COSTIGANSENIOR VICE PRESIDENT	(i) (ii)	195,431 ............................... 0	0 ............................... 0	0 ............................... 0	23,000 ............................... 0	215 ............................... 0	218,646 ............................... 0	0 ............................... 0
6HOMAYOUN SARABIVP DESIGN AND CONSTRUCTION	(i) (ii)	212,386 ............................... 0	0 ............................... 0	0 ............................... 0	10,597 ............................... 0	8,256 ............................... 0	231,239 ............................... 0	0 ............................... 0
7JOHANNA SMITHDEPUTY GENERAL COUNSEL	(i) (ii)	190,859 ............................... 0	0 ............................... 0	0 ............................... 0	21,288 ............................... 0	6,800 ............................... 0	218,947 ............................... 0	0 ............................... 0
8ROBERT FOSSIMID ATLANTIC REGIONAL DIRE	(i) (ii)	201,115 ............................... 0	0 ............................... 0	0 ............................... 0	6,108 ............................... 0	8,391 ............................... 0	215,614 ............................... 0	0 ............................... 0
9TERRI HAMILTON BROWNMIDWEST REGIONAL DIRECTOR	(i) (ii)	203,784 ............................... 0	0 ............................... 0	0 ............................... 0	9,011 ............................... 0	0 ............................... 0	212,795 ............................... 0	0 ............................... 0
10WILLIE M JONESSENIOR VICE PRESIDENT	(i) (ii)	197,910 ............................... 0	0 ............................... 0	0 ............................... 0	6,175 ............................... 0	3,447 ............................... 0	207,532 ............................... 0	0 ............................... 0

Schedule J (Form 990) 2014

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) 2014

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

2014

Open to Public
Inspection

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 8B	NO MINUTES ARE KEPT OF COMMITTEE MEETINGS; CORPORATE POLICY INVESTS ALL RESPONSIBILITY FOR FINANCIAL AND TAX FILINGS WITH THE CFO.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS FIRST REVIEWED BY THE CORPORATE CONTROLLER. WHEN APPROVED, IT IS SENT TO THE CFO FOR A SECOND REVIEW. WITH CONSENT OF BOTH AND THE AUDIT COMMITTEE IT IS SIGNED AND FILED BY THE CFO.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL WRITTEN CERTIFICATION.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BASED ON COMPARABLE DATA. IT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS BASED ON COMPARABLE DATA. THEY ARE REVIEWED AND APPROVED BY THE CEO.
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.
FORM 990, PART XI, LINE 9:	DESCONSOLIDATED ENTITY -248,295.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	CB 2700 JEROME AVENUE, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 47-2301996 FOR THE YEAR ENDING SEPTEMBER 30, 2015 CB 2700 JEROME AVENUE, INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, CB 2700 JEROME AVENUE, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). CB 2700 JEROME AVENUE, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	NEW MASHPEE VILLAGE, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 46-4139765 FOR THE YEAR ENDING SEPTEMBER 30, 2015 NEW MASHPEE VILLAGE, INC. IS 79% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, NEW MASHPEE VILLAGE, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). NEW MASHPEE VILLAGE, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. PREVIOUSLY FILED WITH INITIAL TAX RETURN YEAR ENDING 9/30/14.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	TCB AVONDALE HOUSING, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 46-2045576 FOR THE YEAR ENDING SEPTEMBER 30, 2015 TCB AVONDALE HOUSING, INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB AVONDALE HOUSING, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB AVONDALE HOUSING, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. PREVIOUSLY FILED WITH INITIAL TAX RETURN YEAR ENDING 9/30/13.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	TCB EAST LIBERTY SOUTH, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 26-1835769 FOR THE YEAR ENDING AUGUST 31, 2015 TCB EAST LIBERTY SOUTH, INC. IS 79% OWNED BY GBCD PARTNERSHIP SERVICES, INC., A TAXABLE CORPORATION. GBCD PARTNERSHIP SERVICES, INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB EAST LIBERTY SOUTH, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB EAST LIBERTY SOUTH, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. PREVIOUSLY FILED WITH INITIAL TAX RETURN YEAR ENDING 8/31/08.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	2700 JEROME AVENUE HOUSING DEVELOPMENT FUND CORP C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 47-2200189 FOR THE YEAR ENDING DECECMBER 31, 2014 2700 JEROME AVENUE HOUSING DEVELOPMENT FUND CORP IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, 2700 JEROME AVENUE HOUSING DEVELOPMENT FUND CORP IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). 2700 JEROME AVENUE HOUSING DEVELOPMENT FUND CORP HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	NORTH STREET SENIOR MANAGING MEMBER, LLC C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 35-2478512 FOR THE YEAR ENDING DECEMBER 31, 2014 NORTH STREET SENIOR MANAGING MEMBER, LLC IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, NORTH STREET SENIOR MANAGING MEMBER, LLC IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). NORTH STREET SENIOR MANAGING MEMBER, LLC HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION. PREVIOUSLY FILED WITH INITIAL TAX RETURN YEAR ENDING 12/31/13.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	NEW CHAUNCY HOUSE, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 47-1352186 FOR THE YEAR ENDING SEPTEMBER 30, 2014 NEW CHAUNCY HOUSE, INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, NEW CHAUNCY HOUSE, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). NEW CHAUNCY HOUSE, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION.
ELECTION PURSUANT TO IRC SECTION 168(H)(6)(F)(II)	TCB WALNUT HILLS II, INC. C/O THE COMMUNITY BUILDERS, INC. 95 BERKELEY STREET BOSTON, MA 02116 EMPLOYER IDENTIFICATION NUMBER: 46-5584342 FOR THE YEAR ENDING SEPTEMBER 30, 2014 TCB WALNUT HILLS II, INC. IS 100% OWNED BY THE TAX-EXEMPT ENTITY, THE COMMUNITY BUILDERS, INC. AS SUCH, TCB WALNUT HILLS II, INC. IS CONSIDERED A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SECTION 168(H)(6)(F)(II). TCB WALNUT HILLS II, INC. HEREBY ELECTS, PURSUANT TO IRC SEC. 168 (H)(6)(F)(II), TO HAVE ITS TAX-EXEMPT SHAREHOLDER TREAT AS UNRELATED BUSINESS TAXABLE INCOME (UNDER CODE SECTION 511) ANY DIVIDENDS, INTEREST OR GAIN FROM A SALE OF STOCK WITH RESPECT TO THIS CONTROLLED ENTITY. THIS ENTITLES THIS TAX-EXEMPT CONTROLLED ENTITY, TO NOT BE TREATED AS A TAX-EXEMPT ENTITY. THIS ELECTION IS EFFECTIVE FOR THIS TAX YEAR AND ALL FUTURE TAX YEARS. IT IS A BINDING AND IRREVOCABLE ELECTION.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

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

2014

Open to Public Inspection

Name of the organization

THE COMMUNITY BUILDERS INC

Employer identification number

04-2324773

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
(1) TCB CENTRAL PENNSLYVANIA MF LLC 95 BERKELEY STREET BOSTON,MA02116 46-1024720	LOW-INCOME HOUSING	PA	1,801,607	7,962,327	THE COMMUNITY BUILDERS INC
(2) TCB EAST LIBERTY NORTH COMMERCIAL LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	PA	109,548	1,942,713	THE COMMUNITY BUILDERS INC
(3) TCB EAST LIBERTY SOUTH COMMERCIAL LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324774	LOW-INCOME HOUSING	PA	0	688,893	THE COMMUNITY BUILDERS INC
(4) 599 RIVER STREET GP LLC 95 BERKELEY STREET BOSTON,MA02116 47-1646080	LOW-INCOME HOUSING	NY	0	0	THE COMMUNITY BUILDERS INC
(5) CHURCH HILL NORTH PHASE I MM LLC 95 BERKELEY STREET BOSTON,MA02116 47-3109779	LOW-INCOME HOUSING	VA	0	0	THE COMMUNITY BUILDERS INC
(6) CHURCHILL HOMES II DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 51-0481094	LOW-INCOME HOUSING	MA	0	0	THE COMMUNITY BUILDERS INC
(7) CHURCHILL HOMES II MANAGER LLC 95 BERKELEY STREET BOSTON,MA02116 51-0480215	LOW-INCOME HOUSING	MA	0	0	THE COMMUNITY BUILDERS INC
(8) CPG PHASE III GP LLC 95 BERKELEY STREET BOSTON,MA02116 47-1369520	LOW-INCOME HOUSING	NY	0	0	THE COMMUNITY BUILDERS INC
(9) HAMILTON HILL LLC 95 BERKELEY STREET BOSTON,MA02116 46-1673450	LOW-INCOME HOUSING	NY	0	0	THE COMMUNITY BUILDERS INC
(10) LYMAN TERRACE PHASE I LLC 95 BERKELEY STREET BOSTON,MA02116 47-2283366	LOW-INCOME HOUSING	MA	0	534,339	THE COMMUNITY BUILDERS INC
(11) LYMAN TERRACE MM LLC 95 BERKELEY STREET BOSTON,MA02116 47-2280976	LOW-INCOME HOUSING	MA	0	0	THE COMMUNITY BUILDERS INC
(12) TCB MCCULLOH APARTMENTS LLC 95 BERKELEY STREET BOSTON,MA02116 47-2077870	LOW-INCOME HOUSING	MA	0	492,906	THE COMMUNITY BUILDERS INC
(13) MCCULLOH APARTMENTS MM LLC 95 BERKELEY STREET BOSTON,MA02116 47-2077383	LOW-INCOME HOUSING	MD	0	0	THE COMMUNITY BUILDERS INC
(14) MCKEES ROCKS TERRACE TWO MANAGER LLC 95 BERKELEY STREET BOSTON,MA02116 58-2669950	LOW-INCOME HOUSING	PA	0	0	THE COMMUNITY BUILDERS INC
(15) MCKEES ROCKS TERRACE TWO DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 51-0466282	LOW-INCOME HOUSING	PA	0	0	THE COMMUNITY BUILDERS INC
(16) NEW BRUNSWICK HOMES DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 03-0411652	LOW-INCOME HOUSING	NJ	0	0	THE COMMUNITY BUILDERS INC
(17) NEW BRUNSWICK HOMES MANAGER LLC 95 BERKELEY STREET BOSTON,MA02116 03-0411663	LOW-INCOME HOUSING	NJ	0	0	THE COMMUNITY BUILDERS INC
(18) PARK DUVALLE DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 02-0567004	LOW-INCOME HOUSING	KY	0	0	THE COMMUNITY BUILDERS INC
(19) PARK DUVALLE MANAGER LLC 95 BERKELEY STREET BOSTON,MA02116 02-0567026	LOW-INCOME HOUSING	KY	0	0	THE COMMUNITY BUILDERS INC
(20) TCB 225 COM LLC 95 BERKELEY STREET BOSTON,MA02116 45-3449702	LOW-INCOME HOUSING	MA	0	7,147	THE COMMUNITY BUILDERS INC
(21) TCB AKRON HOME BUILDERS LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	OH	0	0	THE COMMUNITY BUILDERS INC
(22) TCB CINCI COMMONS GP LLC 95 BERKELEY STREET BOSTON,MA02116 47-4277589	LOW-INCOME HOUSING	OH	0	0	THE COMMUNITY BUILDERS INC
(23) TCB CINCINNATI MF LLC 95 BERKELEY STREET BOSTON,MA02116 46-1024720	LOW-INCOME HOUSING	OH	6,924,796	10,759,722	THE COMMUNITY BUILDERS INC
(24) TCB DEVELOPMENT SERVICES LLC 95 BERKELEY STREET BOSTON,MA02116 27-0940132	LOW-INCOME HOUSING	NJ			THE COMMUNITY BUILDERS INC
(25) TCB EVANS LANGLEY MM LLC 95 BERKELEY STREET BOSTON,MA02116 47-1391746	LOW-INCOME HOUSING	IL	0	0	THE COMMUNITY BUILDERS INC
(26) TCB FNMA MOD REHAB GP LLC 95 BERKELEY STREET BOSTON,MA02116 47-3204211	LOW-INCOME HOUSING	OH	0	0	THE COMMUNITY BUILDERS INC
(27) TCB GATEWAY GREENS LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	IN			THE COMMUNITY BUILDERS INC
(28) TCB HOLDEN TRUMBULL GP LLC 95 BERKELEY STREET BOSTON,MA02116 36-4767714	LOW-INCOME HOUSING	MI			THE COMMUNITY BUILDERS INC
(29) TCB HOMEBUILDERS LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	DE			THE COMMUNITY BUILDERS INC
(30) TCB HOSPITAL HILL LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	DE			THE COMMUNITY BUILDERS INC
(31) TCB LAKE STREET LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	MA			THE COMMUNITY BUILDERS INC
(32) TCB LINCOLN WOODS LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	MA	8,833,469	10,370	THE COMMUNITY BUILDERS INC
(33) TCB NODA MILLS LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	NC	1,870,126	4,968,297	THE COMMUNITY BUILDERS INC
(34) TCB OVER THE RHINE FRANCISCAN HOMES LLC 95 BERKELEY STREET BOSTON,MA02116 47-3343673	LOW-INCOME HOUSING	OH	0	347,892	THE COMMUNITY BUILDERS INC
(35) TCB PEDESTAL GARDEN LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	MD	1,728,532	6,219,009	THE COMMUNITY BUILDERS INC
(36) TCB REVITALIZATION SERVICES LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	DE			THE COMMUNITY BUILDERS INC
(37) TCB SHERMAN FOREST LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	IN	617,483	806,415	THE COMMUNITY BUILDERS INC
(38) TCB WILLARD SQUARE APARTMENTS LLC 95 BERKELEY STREET BOSTON,MA02116 47-1653819	LOW-INCOME HOUSING	IL	663,339	8,119,093	THE COMMUNITY BUILDERS INC
(39) TELFORD STREET HOMEOWNERSHIP LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	MA	-116,633	0	THE COMMUNITY BUILDERS INC
(40) WASHINGTON PARK NORTH LLC 95 BERKELEY STREET BOSTON,MA02116 04-2324773	LOW-INCOME HOUSING	IL		267,725	THE COMMUNITY BUILDERS INC
(41) WHITTIER TOWER GP LLC 95 BERKELEY STREET BOSTON,MA02116 46-2039028	LOW-INCOME HOUSING	MI	0	0	THE COMMUNITY BUILDERS INC

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) COMMUNITY DEVELOPMENT INC 95 BERKELEY STREET BOSTON,MA02116 22-2813032	LOW-INCOME HOUSING	MA	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(2) COMMUNITY RENEWAL INC 95 BERKELEY STREET BOSTON,MA02116 22-2823715	LOW-INCOME HOUSING	MA	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(3) EAST HAMPTON HOUSING FOR THE ELDERLY INC 95 BERKELEY STREET BOSTON,MA02116 22-2966917	LOW-INCOME HOUSING FOR THE ELDERLY	MA	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(4) EATON PLACE 202 INC 95 BERKELEY STREET BOSTON,MA02116 80-0038578	LOW-INCOME HOUSING FOR THE ELDERLY	MA	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(5) PARK WEST RESIDENTS ASSOCIATION INC 95 BERKELEY STREET BOSTON,MA02116 04-3206608	LOW-INCOME HOUSING	CT	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(6) PRESIDENTIAL PLACE INC 95 BERKELEY STREET BOSTON,MA02116 05-0503924	LOW-INCOME HOUSING	RI	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(7) TCB HOLDINGS INC 95 BERKELEY STREET BOSTON,MA02116 04-2731302	LOW-INCOME HOUSING	MA	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(8) RIVERSIDEHOPE MANOR COMMUNITY BUILDING INC 95 BERKELEY STREET BOSTON,MA02116 55-0827312	COMMUNITY BUILDING/SOCIAL SERVICES	NJ	501(C)(3)	LINE 7	THE COMMUNITY BUILDERS INC	Yes
(9) STILLWATER HEIGHTS INC 95 BERKELEY STREET BOSTON,MA02116 37-1452727	LOW-INCOME HOUSING FOR THE ELDERLY	RI	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(10) TCB CONNECTICUT INC 95 BEKELEY STREET BOSTON,MA02116 04-3566844	LOW-INCOME HOUSING	CT	501(C)(3)	PF	THE COMMUNITY BUILDERS INC	Yes
(11) TCB FLORIDA AFFORDABLE HOUSING INC 95 BEKELEY STREET BOSTON,MA02116 58-2492541	LOW-INCOME HOUSING	FL	501(C)(3)	LINE 9	THE COMMUNITY BUILDERS INC	Yes
(12) THE COMMUNITY BUILDERS CHARITABLE TRUST 95 BERKELEY STREET BOSTON,MA02116 51-0173326	LOW-INCOME HOUSING	MA	501(C)(3)	LINE 11A, I	THE COMMUNITY BUILDERS INC	Yes

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

Cat. No. 50135Y

Schedule R (Form 990) 2014

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) 188 WARBURTON LP 95 BERKELEY STREET BOSTON,MA02116 80-0871396	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(2) AVONDALE HOUSING II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 61-1710981	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(3) AVONDALE HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 90-0938490	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(4) BROAD CREEK V LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 38-3923688	LOW INCOME HOUSING	VA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(5) CAMELLA TEOLI HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-0605537	LOW INCOME HOUSING	MA	N/A
(6) CASA MARIA APARTMENTS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-8639120	LOW INCOME HOUSING	MA	N/A
(7) CASCADE VILLAGE EAST-WEST LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-8419314	LOW INCOME HOUSING	OH	N/A
(8) CASCADE VILLAGE NORTH LP 95 BERKELEY STREET BOSTON,MA02116 11-3714488	LOW INCOME HOUSING	OH	N/A
(9) CASCADE VILLAGE SOUTH LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-2390928	LOW INCOME HOUSING	OH	N/A
(10) CHARLESVIEW HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-3467063	LOW INCOME HOUSING	MA	N/A
(11) CHAUNCY HOUSE LP 95 BERKELEY STREET BOSTON,MA02116 04-3398035	LOW INCOME HOUSING	MA	N/A
(12) CHURCHILL HOMES II GP LLC 96 BERKELEY STREET BOSTON,MA02116 51-0476601	LOW INCOME HOUSING	MA	N/A
(13) CHURCHILL HOMES II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3522533	LOW INCOME HOUSING	MA	N/A
(14) CHURCHILL HOMES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3429711	LOW INCOME HOUSING	MA	N/A
(15) CLARKSDALE RENTAL I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-1307126	LOW INCOME HOUSING	KY	N/A
(16) CLARKSDALE RENTAL II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-2286163	LOW INCOME HOUSING	KY	N/A
(17) CLARKSDALE RENTAL III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-2709103	LOW INCOME HOUSING	KY	N/A
(18) CLARKSDALE RENTAL IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-8281242	LOW INCOME HOUSING	KY	N/A
(19) CMHATCB LAUREL HOMES I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 34-1936467	LOW INCOME HOUSING	OH	N/A
(20) CMHATCB LAUREL HOMES II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 34-1953729	LOW INCOME HOUSING	OH	N/A
(21) CMHATCB LAUREL HOMES IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3622659	LOW INCOME HOUSING	OH	N/A
(22) CMHATCB LAUREL HOMES V LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 54-2118292	LOW INCOME HOUSING	OH	N/A
(23) COHOES FALLS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 30-0507764	LOW INCOME HOUSING	NY	N/A
(24) COOPER PLAZA HISTORIC HOMES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 22-3080730	LOW INCOME HOUSING	NJ	N/A
(25) CPG PHASE III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 37-1761423	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	RELATED	400,131			No		Yes		99.000 %
(26) CRAIG STREET LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 38-3894889	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(27) DARTMOUTH TCB LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3398038	LOW INCOME HOUSING	MA	N/A
(28) DOWNTOWN REVIVAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 23-3021121	LOW INCOME HOUSING	PA	N/A
(29) DURHAM MANAGEMENT COLLABORATIVE LLC 95 BERKELEY STREET BOSTON,MA02116 04-3668869	LOW INCOME HOUSING	NC	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		90.000 %
(30) DUTCH POINT HOMEOWNERSHIP LLC 95 BERKELEY STREET BOSTON,MA02116 20-5425572	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC	RELATED		265,671		No		Yes		51.000 %
(31) DUTCH POINT MANAGEMENT LLC 95 BERKELEY STREET BOSTON,MA02116 20-2764932	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		90.000 %
(32) DUTCH POINT RENTAL I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-1280596	LOW INCOME HOUSING	CT	N/A
(33) DUTCH POINT RENTAL II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-2531464	LOW INCOME HOUSING	CT	N/A
(34) EAST LIBERTY NORTH LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-4777112	LOW INCOME HOUSING	PA	N/A
(35) EAST LIBERTY SOUTH LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-1836875	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(36) FOREST GREEN COMMONS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 25-1840814	LOW INCOME HOUSING	PA	N/A
(37) FRANKLIN SCHOOL HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-2918739	LOW INCOME HOUSING	MA	N/A
(38) FRANKLIN SCHOOL STATE CREDIT INVESTOR LLC 95 BERKELEY STREET BOSTON,MA02116 26-3380639	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED		718		No		Yes		79.000 %
(39) HERITAGE COMMON ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3078350	LOW INCOME HOUSING	MA	N/A
(40) HIGHLAND PARK SCHOOL APARTMENT LP 95 BERKELEY STREET BOSTON,MA02116 80-0776233	LOW INCOME HOUSING	VA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(41) HILLCREST LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-2608564	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(42) HISTORIC MANSION HILL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3559560	LOW INCOME HOUSING	MA	N/A
(43) HISTORIC SOUTH END LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 36-4758412	LOW INCOME HOUSING	MA	N/A
(44) HOLDEN TRUMBULL LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 90-1007792	LOW INCOME HOUSING	MI	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(45) KENSINGTON SQUARE I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1409366	LOW INCOME HOUSING	CT	N/A
(46) KENSINGTON SQUARE II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1409367	LOW INCOME HOUSING	CT	N/A
(47) KENT STREET HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3339803	LOW INCOME HOUSING	MA	N/A
(48) LAKE STREET AFFORDABLE HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 90-0131631	LOW INCOME HOUSING	MA	TCB LAKE STREET LLC	RELATED		396		No		Yes		1.000 %
(49) LINCOLN COURT II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 31-1664459	LOW INCOME HOUSING	OH	N/A
(50) LINCOLN COURT III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 31-1695096	LOW INCOME HOUSING	OH	N/A
(51) LINCOLN COURT IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 31-1695095	LOW INCOME HOUSING	OH	N/A
(52) LOFT 47 PHASE I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-2434448	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(53) LOOMWORKS II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 90-0863839	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(54) LOOMWORKS I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 37-1668907	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(55) MADDEN WELLS PHASE 1A ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 01-0614658	LOW INCOME HOUSING	IL	N/A
(56) MADDEN WELLS PHASE 1A ASSOCIATES LLC 95 BERKELEY STREET BOSTON,MA02116 01-0614595	LOW INCOME HOUSING	IL	N/A
(57) MADDEN WELLS PHASE 1B ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 74-3072212	LOW INCOME HOUSING	IL	N/A
(58) MADDEN WELLS PHASE 1B ASSOCIATES LLC 95 BERKELEY STREET BOSTON,MA02116 74-3072208	LOW INCOME HOUSING	IL	N/A
(59) MATTHEW MEMORIAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-2782343	LOW INCOME HOUSING	DC	N/A
(60) MCKEES ROCKS TERRACE PHASE ONE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 25-1840809	LOW INCOME HOUSING	PA	N/A
(61) MCKEES ROCKS TERRACE PHASE TWO LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 25-1884549	LOW INCOME HOUSING	PA	N/A
(62) MCKEES ROCKS TERRACE TWO GP LLC 95 BERKELEY STREET BOSTON,MA02116 58-2669906	LOW INCOME HOUSING	PA	N/A
(63) MECKLENBURG MILL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 90-0890867	LOW INCOME HOUSING	OH	N/A
(64) MERRILL COURT APARTMENTS LP 95 BERKELEY STREET BOSTON,MA02116 27-3680377	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED		1,752,662		No			No	90.000 %
(65) MID-SOUTH ENTERPRISES LLC 95 BERKELEY STREET BOSTON,MA02116 26-0475733	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED		3,430,968		No		Yes		75.000 %
(66) MONUMENT SQUARE I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-4215611	LOW INCOME HOUSING	NY	N/A
(67) MRT TWO ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2314675	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(68) NB HOMES URBAN RENEWAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 22-3684862	LOW INCOME HOUSING	NJ	N/A
(69) NCLP THREE ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116	LOW INCOME HOUSING	PA	N/A
(70) NEGLEY CORNER LIMITED PARTNERSHIP PHASE FOUR 95 BERKELEY STREET BOSTON,MA02116 23-2945781	LOW INCOME HOUSING	PA	N/A
(71) NEGLEY CORNER LIMITED PARTNERSHIP PHASE ONE 95 BERKELEY STREET BOSTON,MA02116 23-2922925	LOW INCOME HOUSING	PA	N/A
(72) NEGLEY CORNER LIMITED PARTNERSHIP PHASE THREE 95 BERKELEY STREET BOSTON,MA02116 23-2945785	LOW INCOME HOUSING	PA	N/A
(73) NEGLEY CORNER LIMITED PARTNERSHIP PHASE TWO 95 BERKELEY STREET BOSTON,MA02116 23-2945786	LOW INCOME HOUSING	PA	N/A
(74) NEW BRUNSWICK HOMES GP LLC 95 BERKELEY STREET BOSTON,MA02116 03-0417866	LOW INCOME HOUSING	NJ	N/A
(75) NEW DEPOT CROSSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-3646753	LOW INCOME HOUSING	MA	N/A
(76) NEW FRANKLIN PARK LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-0605525	LOW INCOME HOUSING	MA	N/A
(77) NEW HOPE URBAN RENEWAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1526687	LOW INCOME HOUSING	NJ	N/A
(78) NEW KENGINSTON I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 35-2493033	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC	RELATED				No			No	99.990 %
(79) NEW KENSINGTON II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-0889117	LOW INCOME HOUSING	CT	N/A
(80) NEW LEYDEN WOODS I LP 95 BERKELEY STREET BOSTON,MA02116 45-1497502	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No			No	99.990 %
(81) NEW MASHPEE VILLAGE LIMITED PARNTERSHIP 95 BERKELEY STREET BOSTON,MA02116 30-0801750	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No			No	99.900 %
(82) NEW PARK WEST LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 61-1728362	LOW INCOME HOUSING	CT	N/A
(83) NEW PARKWOODS I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2414890	LOW INCOME HOUSING	IN	N/A
(84) NEW PARKWOODS II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-0528962	LOW INCOME HOUSING	IN	N/A
(85) NEW PARKWOODS III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 56-2419848	LOW INCOME HOUSING	IN	N/A
(86) NEW PARKWOODS IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-2918308	LOW INCOME HOUSING	IN	N/A
(87) NEW NORTH SECOND AVENUE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 30-0809082	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(88) NORTH SECOND AVENUE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 23-2839183	LOW INCOME HOUSING	PA	N/A
(89) NORTHTOWN VILLAGE SENIOR APARTMENTS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-3345902	LOW INCOME HOUSING	IN	N/A
(90) NORTHTOWN VILLAGE TOWNHOMES II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-0181271	LOW INCOME HOUSING	IN	N/A
(91) NORTHTOWN VILLAGE TOWNHOMES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 61-1540896	LOW INCOME HOUSING	IN	N/A
(92) OAKWOOD SHORES 2D LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-3071293	LOW INCOME HOUSING	IL	N/A
(93) OAKWOOD SHORES PHASE 2A ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 74-3072212	LOW INCOME HOUSING	IL	N/A
(94) OAKWOOD SHORES PHASE 2A DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 26-1570937	LOW INCOME HOUSING	IL	N/A
(95) OAKWOOD SHORES PHASE 2A GP LLC 95 BERKELEY STREET BOSTON,MA02116 20-8950978	LOW INCOME HOUSING	IL	N/A
(96) OAKWOOD SHORES PHASE 2B (1) ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-2301448	LOW INCOME HOUSING	IL	N/A
(97) OAKWOOD SHORES PHASE 2B (2) ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-2860792	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(98) OAKWOOD SHORES PHASE 2B(ONE) DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 26-2301629	LOW INCOME HOUSING	IL	N/A
(99) OAKWOOD SHORES PHASE 2B(TWO) DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 26-2860127	LOW INCOME HOUSING	IL	N/A
(100) OAKWOOD SHORES PHASE 2B(TWO) GP LLC 95 BERKELEY STREET BOSTON,MA02116 26-2859789	LOW INCOME HOUSING	IL	N/A
(101) OAKWOOD SHORES SENIOR APARTMENTS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-4594770	LOW INCOME HOUSING	IL	N/A
(102) OAKWOOD SHORES TERRACE ASSOCIATES LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-3552572	LOW INCOME HOUSING	IL	N/A
(103) OAKWOOD SHORES TERRACE DEVELOPER LLC 95 BERKELEY STREET BOSTON,MA02116 45-4781302	LOW INCOME HOUSING	IL	N/A
(104) OAKWOOD SHORES TERRACE GP LLC 95 BERKELEY STREET BOSTON,MA02116 26-3549703	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(105) OLMSTED COMMONS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 05-0517085	LOW INCOME HOUSING	RI	THE COMMUNITY BUILDERS INC	RELATED	281,386	597,457		No			No	99.990 %
(106) PARK DUVALLE GP LLC 95 BERKELEY STREET BOSTON,MA02116 02-0567038	LOW INCOME HOUSING	KY	N/A
(107) PARK DUVALLE II LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 61-1316679	LOW INCOME HOUSING	KY	N/A
(108) PARK DUVALLE III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 31-1641589	LOW INCOME HOUSING	KY	N/A
(109) PARK DUVALLE IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 61-1366648	LOW INCOME HOUSING	MA	N/A
(110) PARKSIDE VIEW LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 01-0696932	LOW INCOME HOUSING	MA	N/A
(111) PENN AVENUE HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-0526265	LOW INCOME HOUSING	PA	N/A
(112) PENNYWISE PATH LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 38-3694499	LOW INCOME HOUSING	MA	N/A
(113) PLUMLEY VILLAGE LLC 95 BERKELEY STREET BOSTON,MA02116 20-1268216	LOW INCOME HOUSING	MA	N/A
(114) PONTIAC SQUARE PHASE I LP 95 BERKELEY STREET BOSTON,MA02116 80-0764038	LOW INCOME HOUSING	IN	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(115) PROVINCE LANDING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-4755477	LOW INCOME HOUSING	MA	N/A
(116) PS 6 LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-2507046	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(117) QUAD COMMUNITIES ART AND RECREATION CENTER LLC 95 BERKELEY STREET BOSTON,MA02116 26-2558556	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		100.000 %
(118) RIVERSIDE URBAN RENEWAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 22-3809923	LOW INCOME HOUSING	NJ	N/A
(119) SOUTH COMMON I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1591714	LOW INCOME HOUSING	CT	N/A
(120) SPRING GARDEN HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1526897	LOW INCOME HOUSING	PA	N/A
(121) TCB BOWLING GREEN III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 51-0451516	LOW INCOME HOUSING	VA	N/A
(122) TCB BOWLING GREEN IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 86-1092626	LOW INCOME HOUSING	VA	N/A
(123) TCB BOWLING GREEN LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 02-0566200	LOW INCOME HOUSING	VA	N/A
(124) TCB CORKY ROW I LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3544300	LOW INCOME HOUSING	MA	N/A
(125) TCB EDGARTOWN LLC 95 BERKELEY STREET BOSTON,MA02116 20-8431289	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		79.000 %
(126) TCB FAIRLAWN MARSHALL HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 26-2781306	LOW INCOME HOUSING	DC	N/A
(127) TCB FRANKLIN PARK LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3159030	LOW INCOME HOUSING	MA	N/A
(128) TCB GRANDVIEW LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3570378	LOW INCOME HOUSING	WV	N/A
(129) TCB HILLSIDE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 23-2993777	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(130) TCB HUDSON II LLC 95 BERKELEY STREET BOSTON,MA02116 45-2076600	LOW INCOME HOUSING	DE	THE COMMUNITY BUILDERS INC	RELATED	244,904	1,745,923		No		Yes		87.400 %
(131) TCB HUDSON LLC 95 BERKELEY STREET BOSTON,MA02116 45-2072034	LOW INCOME HOUSING	DE	THE COMMUNITY BUILDERS INC	RELATED	101,515	570,655		No		Yes		73.210 %
(132) TCB LEYDEN WOODS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3332010	LOW INCOME HOUSING	MA	N/A
(133) TCB LM1 LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3545314	LOW INCOME HOUSING	MA	N/A
(134) TCB LM2 LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3545316	LOW INCOME HOUSING	MA	N/A
(135) TCB LORD STIRLING URBAN RENEWAL LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 58-2672789	LOW INCOME HOUSING	NJ	N/A
(136) TCB LORINGTON APARTMENTS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-4497737	LOW INCOME HOUSING	IL	N/A
(137) TCB MARSHALL MANOR III LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 01-0722933	LOW INCOME HOUSING	VA	N/A
(138) TCB MARSHALL MANOR IV LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3691920	LOW INCOME HOUSING	VA	N/A
(139) TCB MARSHALL MANOR LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3623350	LOW INCOME HOUSING	VA	N/A
(140) TCB MASHPEE VILLAGE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3216757	LOW INCOME HOUSING	MA	N/A
(141) TCB NIAGARA LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3538412	LOW INCOME HOUSING	MA	N/A
(142) TCB NORTH STREET SENIOR LLC 95 BERKELEY STREET BOSTON,MA02116 90-0993206	LOW INCOME HOUSING	MD	NORTH STREET SENIOR MANAGING MEMBER LLC	RELATED				No		Yes		0.610 %
(143) TCB NORTH WHEELING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 55-0774423	LOW INCOME HOUSING	WV	N/A
(144) TCB PCM FOUR LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2337083	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(145) TCB PCM ONE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2337079	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(146) TCB PCM THREE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2337082	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(147) TCB PCM TWO LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 52-2337080	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(148) TCB PERRY STREET LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3374115	LOW INCOME HOUSING	MA	N/A
(149) TCB PMLP LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-3966452	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(150) TCB SANDWICH LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3528752	LOW INCOME HOUSING	MA	N/A
(151) TCB ST STEPHENS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 45-0670392	LOW INCOME HOUSING	IL	N/A
(152) TCB-DVI CALVERT PLACE LLC 95 BERKELEY STREET BOSTON,MA02116 01-0686637	LOW INCOME HOUSING	NC	N/A
(153) TCB-DVI GOLEY STREET LLC 95 BERKELEY STREET BOSTON,MA02116 04-3159139	LOW INCOME HOUSING	NC	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(154) TCB-DVI HOLMAN HOMES LLC 95 BERKELEY STREET BOSTON,MA02116 74-3110739	LOW INCOME HOUSING	NC	N/A
(155) TCB-DVI MAIN STREET TOWNHOMES LLC 95 BERKELEY STREET BOSTON,MA02116 01-0686628	LOW INCOME HOUSING	NC	N/A
(156) TCB-DVI MORNING GLORY LLC 95 BERKELEY STREET BOSTON,MA02116 51-0445057	LOW INCOME HOUSING	NC	N/A
(157) TCB SUB-CDE III LLC 95 BERKELEY STREET BOSTON,MA02116 80-0803624	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED		774		No		Yes		0.010 %
(158) TCB SUB-CDE IX LLC 95 BERKELEY STREET BOSTON,MA02116 35-2490500	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(159) TCB SUB-CDE V LLC 95 BERKELEY STREET BOSTON,MA02116 80-0803829	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(160) TCB SUB-CDE VI LLC 95 BERKELEY STREET BOSTON,MA02116 37-1689579	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(161) TCB SUB-CDE VII LLC 95 BERKELEY STREET BOSTON,MA02116 90-1032003	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(162) TCB SUB-CDE VIIILLC 95 BERKELEY STREET BOSTON,MA02116 37-1745623	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(163) TCB SUB-CDE X LLC 95 BERKELEY STREET BOSTON,MA02116 36-4774842	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(164) TCB SUB-CDE XI LLC 95 BERKELEY STREET BOSTON,MA02116 90-1033334	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(165) TCB SUB-CDE XII LLC 95 BERKELEY STREET BOSTON,MA02116 80-0965642	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(166) THE COMMUNITY BUILDERS CDE LLC 95 BERKELEY STREET BOSTON,MA02116 45-2548704	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	RELATED	344,527	-324,708		No		Yes		99.000 %
(167) UNIVERSITY PARK APARTMENTS LP 95 BERKELEY STREET BOSTON,MA02116 27-3659183	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	RELATED		1,041,262		No			No	99.000 %
(168) VILLAGE AT HOSPITAL HILL II LLC 95 BERKELEY STREET BOSTON,MA02116 20-0088275	LOW INCOME HOUSING	MA	N/A
(169) VILLAGE AT HOSPITAL HILL LLC 95 BERKELEY STREET BOSTON,MA02116 13-4240038	LOW INCOME HOUSING	MA	N/A
(170) WALNUT HILLS HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 35-2468664	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.000 %
(171) WEST VILLAGE LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 27-3204841	LOW INCOME HOUSING	CT	N/A
(172) WHITTIER TOWER II LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 80-0895234	LOW INCOME HOUSING	MI	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(173) WHITTIER TOWER PHASE IIA LIMITED DIVIDENT HOUSING ASSOCIATION LIMITED PARTN 95 BERKELEY STREET BOSTON,MA02116 80-0912407	LOW INCOME HOUSING	MI	THE COMMUNITY BUILDERS INC	RELATED				No		Yes		99.990 %
(174) WOODBOURNE HOUSING LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 20-8616675	LOW INCOME HOUSING	MA	N/A
(175) WOODLAND PARKWAY LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 06-1531046	LOW INCOME HOUSING	PA	N/A
(176) WORCESTER LOFTS LIMITED PARTNERSHIP 95 BERKELEY STREET BOSTON,MA02116 04-3538413	LOW INCOME HOUSING	MA	N/A
(177) BEACON CENTER MANAGING MEMBER LLC 95 BERKELEY STREET BOSTON,MA02116 47-1609578	LOW INCOME HOUSING	DC	N/A
(178) QUAD COMMUNITIES ARTS RECREATION AND HEALTH CENTER LLC 95 BERKELEY STREET BOSTON,MA02116 26-2558556	LOW INCOME HOUSING	MA	N/A
(179) 2700 JEROME AVENUE MANAGING MEMBER LLC 95 BERKELEY STREET BOSTON,MA02116 61-1748189	LOW INCOME HOUSING	NY	N/A
(180) 599 RIVER STREET LP 95 BERKELEY STREET BOSTON,MA02116	LOW INCOME HOUSING	NY	N/A
(181) FNMA MOD REHAB LP 95 BERKELEY STREET BOSTON,MA02116	LOW INCOME HOUSING	OH	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	(h) Percentage ownership	(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) CB 2700 JEROME AVENUE INC 95 BERKELEY STREET BOSTON,MA02116 47-2301996	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(2) 2700 JEROME AVENUE HOUSING DEVELOPMENT FUND CORP 95 BERKELEY STREET BOSTON,MA02116 47-2200189	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(3) CAMELLA TEOLI HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 27-0597768	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-251	100.000 %		No
(4) CASCADE VILLAGE EAST-WEST INC 95 BERKELEY STREET BOSTON,MA02116 20-8405489	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-332	100.000 %		No
(5) CASCADE VILLAGE NORTH INC 95 BERKELEY STREET BOSTON,MA02116 11-3714485	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-461	79.000 %		No
(6) CASCADE VILLAGE SOUTH INC 95 BERKELEY STREET BOSTON,MA02116 20-2386333	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-332	79.000 %		No
(7) CHARLESVIEW GP INC 95 BERKELEY STREET BOSTON,MA02116 26-3461636	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C	1	-251	51.000 %		No
(8) CHURCHILL HOMES II INC 95 BERKELEY STREET BOSTON,MA02116 04-3501148	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		249,688	100.000 %		No
(9) CHURCHILL HOMES INC 95 BERKELEY STREET BOSTON,MA02116 04-3429678	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		249,461	100.000 %		No
(10) CLARKSDALE I INC 95 BERKELEY STREET BOSTON,MA02116 20-1302305	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C		10,681	51.000 %		No
(11) CLARKSDALE II INC 95 BERKELEY STREET BOSTON,MA02116 20-2286154	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C	32,905	9,441	51.000 %		No
(12) CLARKSDALE III INC 95 BERKELEY STREET BOSTON,MA02116 20-2609479	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C	13,472	30,329	51.000 %		No
(13) CLARKSDALE IV INC 95 BERKELEY STREET BOSTON,MA02116 20-8273798	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C	17,129	29,200	51.000 %		No
(14) DUTCH POINT HOMEOWNERSHIP ASSOCIATES INC 95 BERKELEY STREET BOSTON,MA02116 27-1489185	LOW INCOME HOUSING	CT	GBCD PARTNERSHIP SERVICES INC	C	2	41,092	100.000 %		No
(15) DUTCH POINT I INC 95 BERKELEY STREET BOSTON,MA02116 20-1280553	LOW INCOME HOUSING	CT	GBCD PARTNERSHIP SERVICES INC	C		-273	51.000 %		No
(16) DUTCH POINT II INC 95 BERKELEY STREET BOSTON,MA02116 20-2475083	LOW INCOME HOUSING	CT	GBCD PARTNERSHIP SERVICES INC	C		-176	51.000 %		No
(17) DUVALLE II INC 95 BERKELEY STREET BOSTON,MA02116 61-1316677	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C	66,463	65,649	100.000 %		No
(18) DUVALLE III INC 95 BERKELEY STREET BOSTON,MA02116 31-1641583	LOW INCOME HOUSING	KY	GBCD PARTNERSHIP SERVICES INC	C		-1,210	100.000 %		No
(19) EAST LIBERTY NORTH CONDOMINIUM ASSOCIATION 95 BERKELEY STREET BOSTON,MA02116 26-4652414	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	C		1,578	100.000 %		No
(20) ELLIS TCB MEMBER LLC 95 BERKELEY STREET BOSTON,MA02116 45-3261859	AFTER SCHOOL PROGRAMS	MA	THE COMMUNITY BUILDERS INC	C		-1,301	100.000 %		No
(21) FOREST GREEN COMMONS INC 95 BERKELEY STREET BOSTON,MA02116 25-1841071	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-422	79.000 %		No
(22) FRANKLIN HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 04-2949780	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	73	-354	76.900 %		No
(23) GBCD DEVELOPMENT SERVICES INC 95 BERKELEY STREET BOSTON,MA02116 04-2915848	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	1	-22,083	100.000 %		No
(24) GBCD GRANITE SERVICES INC 95 BERKELEY STREET BOSTON,MA02116 04-3013367	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C			100.000 %		No
(25) GBCD PARTNERSHIP SERVICES INC 95 BERKELEY STREET BOSTON,MA02116 04-3028836	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C	5,192,609	8,384,425	100.000 %		No
(26) KENT STREET HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 04-3339800	LOW INCOME HOUSING	MA	GBCD DEVELOPMENT SERVICES INC	C		199,494	100.000 %		No
(27) LOFT 47 PHASE I INC 95 BERKELEY STREET BOSTON,MA02116 27-2423713	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C		100	100.000 %		No
(28) LORD STERLING SENIOR HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 20-4312298	LOW INCOME HOUSING	NJ	THE COMMUNITY BUILDERS INC	C		-262	100.000 %		No
(29) MADDEN WELLS PHASE 1A CORP 95 BERKELEY STREET BOSTON,MA02116 41-2097316	LOW INCOME HOUSING	IL	GBCD PARTNERSHIP SERVICES INC	C		-7,186	70.000 %		No
(30) MADDEN WELLS PHASE 1B CORP 95 BERKELEY STREET BOSTON,MA02116 59-3778611	LOW INCOME HOUSING	IL	GBCD PARTNERSHIP SERVICES INC	C		1,329,488	70.000 %		No
(31) MATTHEWS MEMORIAL INC 95 BERKELEY STREET BOSTON,MA02116 26-2778552	LOW INCOME HOUSING	DC	THE COMMUNITY BUILDERS INC	C		-201	100.000 %		No
(32) MCKEES ROCKS TERRACE ONE INC 95 BERKELEY STREET BOSTON,MA02116 25-1841068	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		42,775	79.000 %		No
(33) MCKEES ROCKS TERRACE PHASE TWO INC 95 BERKELEY STREET BOSTON,MA02116 25-1884420	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-527	79.000 %		No
(34) MERRILL COURT APARTMENTS INC 95 BERKELEY STREET BOSTON,MA02116 27-3670516	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C	1	30,429	100.000 %		No
(35) NB HOMES REDVELOPMENT INC 95 BERKELEY STREET BOSTON,MA02116 22-3680800	LOW INCOME HOUSING	NJ	GBCD PARTNERSHIP SERVICES INC	C		-599	79.000 %		No
(36) NB RIVERSIDE INC 95 BERKELEY STREET BOSTON,MA02116 03-0476744	LOW INCOME HOUSING	NJ	GBCD PARTNERSHIP SERVICES INC	C	1	-17	79.000 %		No
(37) NEW CHAUNCY HOUSE INC 95 BERKELEY STREET BOSTON,MA02116 47-1352186	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(38) NEW DEPOT CROSSING INC 95 BERKELEY STREET BOSTON,MA02116 27-3625094	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		5,515	79.000 %		No
(39) NEW FRANKLIN PARK INC 95 BERKELEY STREET BOSTON,MA02116 27-0597711	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-417	79.000 %		No
(40) NEW LEYDEN WOODS I INC 95 BERKELEY STREET BOSTON,MA02116 45-1484051	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-90	100.000 %		No
(41) NEW MASHPEE VILLAGE INC 95 BERKELEY STREET BOSTON,MA02116 46-4139765	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C			79.000 %		No
(42) NEW PARK WEST GP INC 95 BERKELEY STREET BOSTON,MA02116 46-4431917	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC	C			79.000 %		No
(43) NORTH STREET SENIOR MANAGING MEMBER LLC 95 BERKELEY STREET BOSTON,MA02116 35-2478512	LOW INCOME HOUSING	MD	THE COMMUNITY BUILDERS INC	C		100	100.000 %		No
(44) NORTHTOWN VILLAGE SENIOR APARTMENTS INC 95 BERKELEY STREET BOSTON,MA02116 27-3336397	LOW INCOME HOUSING	IN	THE COMMUNITY BUILDERS INC	C		-60	65.000 %		No
(45) NORTHTOWN VILLAGE TOWNHOMES II INC 95 BERKELEY STREET BOSTON,MA02116 27-0176917	LOW INCOME HOUSING	IN	THE COMMUNITY BUILDERS INC	C		-100	100.000 %		No
(46) NORTHTOWN VILLAGE TOWNHOMES INC 95 BERKELEY STREET BOSTON,MA02116 38-3765638	LOW INCOME HOUSING	IN	GBCD PARTNERSHIP SERVICES INC	C		-159	100.000 %		No
(47) OAKWOOD SHORES 2D GP LLC 95 BERKELEY STREET BOSTON,MA02116 45-3071152	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C		-4	70.000 %		No
(48) OAKWOOD SHORES PHASE 2B (ONE) GP LLC 95 BERKELEY STREET BOSTON,MA02116 26-2298942	LOW INCOME HOUSING	IL	GBCD PARTNERSHIP SERVICES INC	C		-293	70.000 %		No
(49) OAKWOOD SHORES SENIOR APARTMENTS INC 95 BERKELEY STREET BOSTON,MA02116 26-4585901	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C		295,553	100.000 %		No
(50) PENN CORNER FOUR DEVELOPMENT CORPORATION 95 BERKELEY STREET BOSTON,MA02116 23-2945764	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-158	60.000 %		No
(51) PENN CORNER ONE DEVELOPMENT CORPORATION 95 BERKELEY STREET BOSTON,MA02116 23-2920107	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-473	60.000 %		No
(52) PENN CORNER THREE DEVELOPMENT CORPORATION 95 BERKELEY STREET BOSTON,MA02116 23-2945765	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C			60.000 %		No
(53) PENN CORNER TWO DEVELOPMENT CORPORATION 95 BERKELEY STREET BOSTON,MA02116 23-2945766	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-211	60.000 %		No
(54) PLUMLEY VILLAGE INC 95 BERKELEY STREET BOSTON,MA02116 20-1268156	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	1	-5,178	79.000 %		No
(55) PONTIAC SQUARE PHASE I INC 95 BERKELEY STREET BOSTON,MA02116 45-3625772	LOW INCOME HOUSING	IN	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(56) PROVINCE LANDING INC 95 BERKELEY STREET BOSTON,MA02116 26-4748671	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-126	79.000 %		No
(57) TCB AVONDALE HOUSING II INC 95 BERKELEY STREET BOSTON,MA02116 46-2644077	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	C			79.000 %		No
(58) TCB AVONDALE HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 46-2045576	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(59) TCB BOWLING GREEN III INC 95 BERKELEY STREET BOSTON,MA02116 01-0771019	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-234	79.000 %		No
(60) TCB BOWLING GREEN IV INC 95 BERKELEY STREET BOSTON,MA02116 41-2121332	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-323	100.000 %		No
(61) BOWLING GREEN GP INC 95 BERKELEY STREET BOSTON,MA02116 02-0566188	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-292	79.000 %		No
(62) TCB BROAD CREEK V INC 95 BERKELEY STREET BOSTON,MA02116 46-4752256	LOW INCOME HOUSING	VA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(63) TCB CALVERT PLACE INC 95 BERKELEY STREET BOSTON,MA02116 10-0005514	LOW INCOME HOUSING	NC	GBCD PARTNERSHIP SERVICES INC	C		-140	79.000 %		No
(64) TCB CHURCH STREET SOUTH CORPORATION 95 BERKELEY STREET BOSTON,MA02116 04-3427390	LOW INCOME HOUSING	CT	GBCD PARTNERSHIP SERVICES INC	C			100.000 %		No
(65) TCB COHOES HOUSING CORP 95 BERKELEY STREET BOSTON,MA02116 27-0608566	LOW INCOME HOUSING	NY	TCB COHOES HOUSING DEVELOPMENT FUND CORP	C			100.000 %		No
(66) TCB COHOES HOUSING DEVELOPMENT FUND CORP 95 BERKELEY STREET BOSTON,MA02116 80-0278042	LOW INCOME HOUSING	NY	GBCD PARTNERSHIP SERVICES INC	C			100.000 %		No
(67) TCB COOPER PLAZA PARTNERSHIP SERVICES INC 95 BERKELEY STREET BOSTON,MA02116 04-3216828	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C			100.000 %		No
(68) TCB CORKY ROW I INC 95 BERKELEY STREET BOSTON,MA02116 04-3544283	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		-181	100.000 %		No
(69) TCB DOWNTOWN REVIVAL INC 95 BERKELEY STREET BOSTON,MA02116 23-3021120	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-173	76.900 %		No
(70) TCB EAST LIBERTY NORTH INC 95 BERKELEY STREET BOSTON,MA02116 20-4776986	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-160	79.000 %		No
(71) TCB EAST LIBERTY SOUTH INC 95 BERKELEY STREET BOSTON,MA02116 26-1835769	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-9	79.000 %		No
(72) TCB FAIRLAWNMARSHALL INC 95 BERKELEY STREET BOSTON,MA02116 26-2778501	LOW INCOME HOUSING	DC	GBCD PARTNERSHIP SERVICES INC	C		-497	100.000 %		No
(73) TCB FRANKLIN PARK INC 95 BERKELEY STREET BOSTON,MA02116 04-3159139	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	4,626	-16,374	79.000 %		No
(74) TCB GRAND AND TRINITY HOUSING DEVELOPMENT FUND CORP 95 BERKELEY STREET BOSTON,MA02116 04-3559559	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	C		-360	100.000 %		No
(75) TCB GRANDVIEW DEVELOPMENT INC 95 BERKELEY STREET BOSTON,MA02116 04-3570377	LOW INCOME HOUSING	WV	GBCD PARTNERSHIP SERVICES INC	C		8,039	79.000 %		No
(76) TCB HERITAGE COMMON CORPORATION 95 BERKELEY STREET BOSTON,MA02116 04-3089628	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	853		100.000 %		No
(77) TCB HIGHLAND PARK SCHOOL APARTMENT INC 95 BERKELEY STREET BOSTON,MA02116 45-4209634	LOW INCOME HOUSING	VA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(78) TCB HILLCREST INC 95 BERKELEY STREET BOSTON,MA02116 45-2603337	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(79) TCB HILLSIDE INC 95 BERKELEY STREET BOSTON,MA02116 06-1531040	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C			100.000 %		No
(80) TCB HISTORIC SOUTH END INC 95 BERKELEY STREET BOSTON,MA02116 46-2475117	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-3	79.000 %		No
(81) TCB HOLMAN HOMES INC 95 BERKELEY STREET BOSTON,MA02116 27-0073884	LOW INCOME HOUSING	NC	GBCD PARTNERSHIP SERVICES INC	C		108,885	79.000 %		No
(82) TCB KENSINGTON SQUARE CORPORATION 95 BERKELEY STREET BOSTON,MA02116 06-1409369	LOW INCOME HOUSING	CT	GBCD PARTNERSHIP SERVICES INC	C	445	-109,207	100.000 %		No
(83) TCB LAKE STREET AFFORDABLE HOUSING INC 95 BERKELEY STREET BOSTON,MA02116 90-0131623	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		32,778	100.000 %		No
(84) TCB LAUREL HOMES I INC 95 BERKELEY STREET BOSTON,MA02116 34-1936465	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		165,106	100.000 %		No
(85) TCB LAUREL HOMES II INC 95 BERKELEY STREET BOSTON,MA02116 34-1953718	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		62,760	79.000 %		No
(86) TCB LAUREL HOMES IV INC 95 BERKELEY STREET BOSTON,MA02116 04-3622635	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		60,093	79.000 %		No
(87) TCB LAUREL HOMES V INC 95 BERKELEY STREET BOSTON,MA02116 65-1196191	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-191	79.000 %		No
(88) TCB LEYDEN WOODS INC 95 BERKELEY STREET BOSTON,MA02116 04-3325439	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		167,112	79.000 %		No
(89) TCB LINCOLN COURT II INC 95 BERKELEY STREET BOSTON,MA02116 31-1695112	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-1,421	100.000 %		No
(90) TCB LINCOLN COURT III INC 95 BERKELEY STREET BOSTON,MA02116 31-1695108	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		-374	79.000 %		No
(91) TCB LINCOLN COURT IV INC 95 BERKELEY STREET BOSTON,MA02116 31-1695100	LOW INCOME HOUSING	OH	GBCD PARTNERSHIP SERVICES INC	C		80,663	79.000 %		No
(92) TCB LM1 INC 95 BERKELEY STREET BOSTON,MA02116 04-3544327	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		54,797	100.000 %		No
(93) TCB LM2 INC 95 BERKELEY STREET BOSTON,MA02116 04-3544341	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		-223	100.000 %		No
(94) TCB LOOMWORKS I INC 95 BERKELEY STREET BOSTON,MA02116 45-4935604	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C			79.000 %		No
(95) TCB LOOMWORKS II INC 95 BERKELEY STREET BOSTON,MA02116 45-5576785	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(96) TCB LORINGTON INC 95 BERKELEY STREET BOSTON,MA02116 20-4497587	LOW INCOME HOUSING	IL	GBCD PARTNERSHIP SERVICES INC	C		27,428	79.000 %		No
(97) TCB MAIN STREET INC 95 BERKELEY STREET BOSTON,MA02116 10-0005536	LOW INCOME HOUSING	NC	GBCD PARTNERSHIP SERVICES INC	C		-1,436	79.000 %		No
(98) TCB MARSHALL MANOR III INC 95 BERKELEY STREET BOSTON,MA02116 04-3678588	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-299	79.000 %		No
(99) TCB MARSHALL MANOR IV INC 95 BERKELEY STREET BOSTON,MA02116 04-3678583	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-273	100.000 %		No
(100) MARSHALL MANOR INC 95 BERKELEY STREET BOSTON,MA02116 03-0409581	LOW INCOME HOUSING	VA	GBCD PARTNERSHIP SERVICES INC	C		-426	79.000 %		No
(101) TCB MASHPEE VILLAGE INC 95 BERKELEY STREET BOSTON,MA02116 04-3216756	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	140,126	-196,057	79.000 %		No
(102) TCB MECKLENBURG MILL INC 95 BERKELEY STREET BOSTON,MA02116 46-0992709	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	C			79.000 %		No
(103) TCB MONUMENT SQUARE HOUSING CORP 95 BERKELEY STREET BOSTON,MA02116 26-4212148	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	C		-80	100.000 %		No
(104) TCB MORNING GLORY INC 95 BERKELEY STREET BOSTON,MA02116 03-0503127	LOW INCOME HOUSING	NC	GBCD PARTNERSHIP SERVICES INC	C		-69	79.000 %		No
(105) TCB NEW KENSINGTON I INC 95 BERKELEY STREET BOSTON,MA02116 46-4494605	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC				100.000 %		No
(106) TCB NEW KENSINGTON II INC 95 BERKELEY STREET BOSTON,MA02116 45-0817791	LOW INCOME HOUSING	CT	TCB CONNECTICUT INC	C			100.000 %		No
(107) TCB NEW PARKWOODS II INC 95 BERKELEY STREET BOSTON,MA02116 45-0528961	LOW INCOME HOUSING	IN	GBCD PARTNERSHIP SERVICES INC	C		-222,712	100.000 %		No
(108) TCB NEW PARKWOODS III INC 95 BERKELEY STREET BOSTON,MA02116 56-2419845	LOW INCOME HOUSING	IN	GBCD PARTNERSHIP SERVICES INC	C		-90,823	79.000 %		No
(109) TCB NEW PARKWOODS IV INC 95 BERKELEY STREET BOSTON,MA02116 20-2872857	LOW INCOME HOUSING	IN	GBCD PARTNERSHIP SERVICES INC	C	1	-356	100.000 %		No
(110) TCB NEW PARKWOODS INC 95 BERKELEY STREET BOSTON,MA02116 52-2414886	LOW INCOME HOUSING	IN	GBCD PARTNERSHIP SERVICES INC	C		-290	79.000 %		No
(111) TCB NHH JERSEY INC 95 BERKELEY STREET BOSTON,MA02116 22-3662864	LOW INCOME HOUSING	NJ	GBCD PARTNERSHIP SERVICES INC	C	2	-778	100.000 %		No
(112) TCB NIAGARA INC 95 BERKELEY STREET BOSTON,MA02116 04-3538408	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	14	269,764	100.000 %		No
(113) TCB NORTH SECOND AVENUE INC 95 BERKELEY STREET BOSTON,MA02116 46-4787520	LOW INCOME HOUSING	PA	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(114) TCB NORTH WHEELING DEVELOPMENT INC 95 BERKELEY STREET BOSTON,MA02116 55-0774422	LOW INCOME HOUSING	WV	GBCD PARTNERSHIP SERVICES INC	C		-134	79.000 %		No
(115) TCB OLMSTED COMMONS INC 95 BERKELEY STREET BOSTON,MA02116 05-0517072	LOW INCOME HOUSING	RI	GBCD PARTNERSHIP SERVICES INC	C		-11	100.000 %		No
(116) TCB PENNYWISE PATH INC 95 BERKELEY STREET BOSTON,MA02116 38-3694498	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		167	79.000 %		No
(117) TCB PERRY STREET INC 95 BERKELEY STREET BOSTON,MA02116 04-3372760	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		739	79.000 %		No
(118) TCB SANDWICH INC 95 BERKELEY STREET BOSTON,MA02116 04-3527404	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C		-177	79.000 %		No
(119) TCB ST STEPHENS INC 95 BERKELEY STREET BOSTON,MA02116 45-0638944	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C		9,956	100.000 %		No
(120) TCB VALE HOUSING DEVELOPMENT FUND CORPORATION 95 BERKELEY STREET BOSTON,MA02116 61-1414987	LOW INCOME HOUSING	NY	THE COMMUNITY BUILDERS INC	C		-204	100.000 %		No
(121) TCB VILLAGE AT HOSPITAL HILL II INC 95 BERKELEY STREET BOSTON,MA02116 26-0088270	LOW INCOME HOUSING	MA	THE COMMUNITY BUILDERS INC	C		-265	79.000 %		No
(122) TCB VILLAGE AT HOSPITAL HILL INC 95 BERKELEY STREET BOSTON,MA02116 65-1173948	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	1	-216	79.000 %		No
(123) TCB WALNUT HILLS INC 95 BERKELEY STREET BOSTON,MA02116 46-2036213	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(124) TCB WALNUT HILLS II INC 95 BERKELEY STREET BOSTON,MA02116 46-5584342	LOW INCOME HOUSING	OH	THE COMMUNITY BUILDERS INC	C			100.000 %		No
(125) TCB WOODLAND PARKWAY INC 95 BERKELEY STREET BOSTON,MA02116 06-1531044	LOW INCOME HOUSING	PA	GBCD PARTNERSHIP SERVICES INC	C		-538	76.920 %		No
(126) TCB WORCESTER LOFTS INC 95 BERKELEY STREET BOSTON,MA02116 04-3538411	LOW INCOME HOUSING	MA	GBCD PARTNERSHIP SERVICES INC	C	18	999,864	100.000 %		No
(127) UNIVERSITY PARK APARTMENTS INC 95 BERKELEY STREET BOSTON,MA02116 27-3646885	LOW INCOME HOUSING	IL	THE COMMUNITY BUILDERS INC	C	1	-1,401	100.000 %		No
(128) WEST VILLAGE INC 95 BERKELEY STREET BOSTON,MA02116 27-3190101	LOW INCOME HOUSING	CT	THE COMMUNITY BUILDERS INC	C		-84,148	70.000 %		No

Schedule R (Form 990) 2014

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) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

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

Yes

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

Yes

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) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

Yes

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

Yes

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) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

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

Yes

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

Yes

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) FNMA CINCINNATI PORTFOLIO ACQUISITION	L	51,236	FMV
(2) PLUMLEY VILLAGE LLC	O	1,213,676	FMV
(3) TCB LINCOLN WOODS LLC	O	490,572	FMV
(4) NEW FRANKLIN PARK LP	O	471,409	FMV
(5) TCB LEYDEN WOODS LP	O	421,830	FMV
(6) BACK OF THE HILL APARTMENTS LP	O	391,408	FMV
(7) CAMELLA TEOLI HOUSING LP	O	354,791	FMV
(8) OAKWOOD SHORES PHASE 2A ASSOC LP	O	328,505	FMV
(9) KENSINGTON SQUARE I LP	O	318,062	FMV
(10) OAKWOOD SHORES TERRACE ASSOC LP	O	316,582	FMV
(11) MADDEN WELLS PHASE 1A ASSOCIATES LP	O	268,232	FMV
(12) KELLY HOUSING LP	O	267,267	FMV
(13) MADDEN WELLS PHASE 1B ASSOCIATES LP	O	265,986	FMV
(14) SPRING GARDEN HOUSING LP	O	263,929	FMV
(15) CHAUNCY HOUSE LP	O	240,691	FMV
(16) KENSINGTON SQUARE II LP	O	237,715	FMV
(17) UXBRIDGE HOUSING ASSOCIATES INC	O	235,732	FMV
(18) WOODBOURNE HOUSING LP	O	224,938	FMV
(19) TCB FAIRLAWN MARSHALL HOUSING LP	O	211,741	FMV
(20) PROVINCE LANDING LP	O	197,559	FMV
(21) CASA MARIA APARTMENTS LP	O	196,355	FMV
(22) MATTHEWS MEMORIAL TERRACE LP	O	190,078	FMV
(23) DUTCH POINT RENTAL I LP	O	188,740	FMV
(24) PRESIDENTIAL PLACE INC	O	187,412	FMV
(25) NEVINS MANOR INC	O	181,634	FMV
(26) PLANTATION APARTMENTS LP	O	180,602	FMV
(27) CMHATCB LAUREL HOMES I LP	O	178,661	FMV
(28) NEW CENTRAL GRAMMAR OWNER LLC	O	177,146	FMV
(29) RIVERSIDE URBAN RENEWAL LP	O	174,688	FMV
(30) NEGLEY CORNER LP PHASE ONE	O	174,421	FMV
(31) STILLWATER HEIGHTS INC	O	173,629	FMV
(32) COHOES FALLS LIMITED PARTNERSHIP	O	165,204	FMV
(33) MISSION SPRINGS HOUSING FOR THE ELDERLY INC	O	161,065	FMV
(34) EASTHAMPTON HOUSING FOR THE ELDERLY INC	O	160,524	FMV
(35) COMMUNITY RENEWAL INC	O	159,309	FMV
(36) OLMSTED GARDENS INC	O	158,907	FMV
(37) CHERITON GROVE LP	O	158,185	FMV
(38) NB HOMES URBAN RENEWAL LP	O	156,374	FMV
(39) PILOT GROVE LP	O	153,839	FMV
(40) PENNYWISE PATH LP	O	143,214	FMV
(41) TCB-DVI HOLMAN HOMES LLC	O	142,680	FMV
(42) LAKE STREET AFFORDABLE HOUSING LP	O	141,431	FMV
(43) LINCOLN COURT II LP	O	138,668	FMV
(44) TCB-DVI CALVERT PLACE LLC	O	132,299	FMV
(45) TCB LORD STIRLING URBAN RENEWAL LP	O	131,038	FMV
(46) TCB NIAGARA COURT LP	O	130,669	FMV
(47) FOREST GREEN COMMONS LP	O	130,525	FMV
(48) KENT STREET HOUSING LP	O	128,687	FMV
(49) CMHATCB LAUREL HOMES V LP	O	128,051	FMV
(50) MCKEES ROCKS TERRACE PHASE ONE LP	O	127,320	FMV
(51) TCB MARSHALL MANOR LP	O	127,245	FMV
(52) FRANKLIN SCHOOL HOUSING LP	O	125,245	FMV
(53) COMMUNITY DEVELOPMENT INC	O	124,088	FMV
(54) OAKWOOD SHORES PHASE 2B(ONE) ASSOCIATES LP	O	124,068	FMV
(55) WESTFIELD 202 INC	O	123,063	FMV
(56) MOUNTAIN VALLEY PLACE INC	O	122,647	FMV
(57) TCB SHERMAN FOREST LLC	O	120,865	FMV
(58) TCB SANDWICH LP	O	118,885	FMV
(59) FNMA CINCINNATI PORTFOLIO ACQUISITION	O	117,841	FMV
(60) EATON PLACE 202 INC	O	116,673	FMV
(61) TCB MARSHALL MANOR III LP	O	116,308	FMV
(62) LINCOLN COURT IV LP	O	110,085	FMV
(63) PARKSIDE VIEW LP	O	108,154	FMV
(64) DUTCH POINT RENTAL II LP	O	103,989	FMV
(65) CASCADE VILLAGE NORTH LP	O	100,610	FMV
(66) HISTORIC MANSION HILL LP	O	100,463	FMV
(67) CARRIAGE HOUSE AT ACUSHNET HEIGHTS INC	O	99,121	FMV
(68) TCB BOWLING GREEN IV LP	O	95,150	FMV
(69) CHERITON HEIGHTS LP	O	94,653	FMV
(70) NEGLEY CORNER LP PHASE FOUR	O	94,653	FMV
(71) WEST VILLAGE LP	O	94,624	FMV
(72) VICTORY GARDENS INC	O	92,714	FMV
(73) EAST LIBERTY NORTH LP	O	92,480	FMV
(74) CASCADE VILLAGE SOUTH LP	O	91,655	FMV
(75) TCB BOWLING GREEN III LP	O	88,295	FMV
(76) TCB BOWLING GREEN LP	O	86,971	FMV
(77) NICETOWN HOUSING PARTNERS LP	O	81,699	FMV
(78) MERRILL COURT APARTMENTS	O	80,471	FMV
(79) TCB ST STEPHENS LIMITED PARTNERSHIP	O	80,471	FMV
(80) TCB MARSHALL MANOR IV LP	O	77,862	FMV
(81) PENNLEY SUPPORTIVE HOUSING FOR THE ELDERLY INC	O	77,194	FMV
(82) TCB-DVI MAIN ST TOWNHOMES LLC	O	75,236	FMV
(83) WOODLAND PARKWAY LP	O	73,772	FMV
(84) VILLAGE AT HOSPITAL HILL II LLC	O	72,464	FMV
(85) TCB LM1 LP	O	72,159	FMV
(86) VILLAGE AT HOSPITAL HILL LLC	O	71,785	FMV
(87) LINCOLN COURT III LP	O	70,649	FMV
(88) CMHATCB LAUREL HOMES IV LP	O	70,058	FMV
(89) CMHATCB LAUREL HOMES II LP	O	67,790	FMV
(90) NEW PARKWOODS II LP	O	67,217	FMV
(91) LINCOLN COURT LP	O	65,652	FMV
(92) TCB CORKY ROW I LP	O	64,713	FMV
(93) NEW PARKWOODS III LP	O	60,518	FMV
(94) CASCADE VILLAGE EAST-WEST LP	O	60,157	FMV
(95) NEW PARKWOODS IV LP	O	59,493	FMV
(96) NEGLEY CORNER LP PHASE TWO	O	58,907	FMV
(97) MCKEES ROCKS TERRACE PHASE TWO LP	O	55,247	FMV
(98) TCB PERRY STREET LP	O	51,649	FMV
(99) NEW PARKWOODS I LP	O	50,531	FMV
(100) COMMUNITY DEVELOPMENT INC	C	18,000,000	FMV
(101) CHARLESVIEW	C	50,000	FMV
(102) KENT STREET HOUSING LP	D	-58,193	FMV
(103) CHERITON HEIGHTS LP	D	1,625	FMV
(104) QUAD COMMUNITIES ARTS AND RECREATION CENTER LLC	D	11,971,443	FMV
(105) EAST LIBERTY SOUTH COMMERCIAL	D	604	FMV
(106) EAST LIBERTY SOUTH LP	D	1,713,202	FMV
(107) PROVINCE LANDING LP	D	-498,606	FMV
(108) COHOES FALLS LIMITED PARTNERSHIP	D	40,335	FMV
(109) WEST VILLAGE LP	D	5,170	FMV
(110) NEW DEPOT CROSSING LP	D	-14,688	FMV
(111) LOFTS 47 PHASE I LIMITED PARTNERSHIP	D	5,000	FMV
(112) NEW LEYDEN WOODS I LIMITED PARTNERSHIP	D	359,046	FMV
(113) MASHPEE VILLAGE - PHASE II	D	-727,296	FMV
(114) UNIVERSITY PARK LP	D	60,258	FMV
(115) 225 CENTER STREET	D	-598,766	FMV
(116) MERRILL COURT APARTMENTS	D	1,536	FMV
(117) THE MILLS	D	25,833	FMV
(118) TCB ST STEPHEN'S LIMITED PARTNERSHIP	D	18,545	FMV
(119) NEW KENSINGTON II LIMITED PARTNERSHIP	D	12,683	FMV
(120) HILLCREST SENIOR RESIDENCES	D	102,438	FMV

Schedule R (Form 990) 2014

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) 2014

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) 2014

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO DEVELOP HOUSING FOR LOW INCOME FAMILIES
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	8
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	8
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	697
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) .........	1,793,385	28,000,925
9	Program service revenue (Part VIII, line 2g) .........	62,128,329	61,075,617
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	356	9,330,362
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	515,746	590,246
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	64,437,816	98,997,150
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)	39,395,812	45,606,368
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)....	43,352,434	50,956,617
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	82,748,246	96,562,985
19	Revenue less expenses. Subtract line 18 from line 12.......	-18,310,430	2,434,165
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	130,183,609	147,884,734
21	Total liabilities (Part X, line 26).............	99,275,698	114,790,953
22	Net assets or fund balances. Subtract line 21 from line 20.....	30,907,911	33,093,781

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 91,158,238 including grants of $ ) (Revenue $ 70,993,609 )
	THE PRIMARY PURPOSE OF THE CORPORATION IS TO FOSTER LOW- AND MODERATE-INCOME HOUSING ("AFFORDABLE HOUSING") BY ACQUIRING, OWNING, DEVELOPING, CONSTRUCTING, SPONSORING, MANAGING, IMPROVING (THROUGH REHABILIATION, NEW CONSTRUCTION OR OTHERWISE) AND MAKING AVAILABLE RENTAL AND HOMEOWNERSHIP HOUSING AT AN AFFORDABLE COST TO LOW- AND MODERATE-INCOME FAMILIES AND PERSONS WITHOUT DISCRIMINATION ON ANY BASIS THAT IS PROHIBITED UNDER THE CONSTITUTION OF THE UNITED STATES, AND TO STIMULATE, BY EXAMPLE OR OTHERWISE, THE RENOVATION AND IMPROVEMENT OF PROPERTIES, AND GENERALLY TO PROMOTE NEIGHBORHOOD IMPROVEMENT FOR THE BENEFIT OF PERSONS AND FAMILIES OF LOW- AND MODERATE-INCOME, AND FOR ELDERLY, DISABLED, AND OTHER DISADVANTAGED PERSONS WHO DESIRE TO LIVE AND RAISE THEIR FAMILIES IN SAFE, SANITARY AND ATTRACTIVE HOMES AND NEIGHBORHOODS, AND TO UNDERTAKE SUCH OTHER PROGRAMS RELATED THERETO AS ARE CONSISTENT WITH THE STATUS OF THE CORPORATION AS AN EXCLUSIVELY CHARITABLE ORGANIZATION, INCLUDING THE FOLLOWING ACTIVITIES AND PROGRAMS:1)TO RESEARCH, DISCOVER AND DEVELOP METHODS OF FINANCING, HOME IMPROVEMENT, REHABILITATION AND NEW CONSTRUCTION WHICH MAY BE OF ASSISTANCE TO LOW- AND MODERATE- INCOME FAMILIES AND PERSONS, INCLUDING WITHOUT LIMITATION, THE PLANNING AND EXECUTION OF DEMONSTRATION OR EXPERIMENTAL AFFORDABLE HOUSING PROJECTS; 2)TO ENGAGE IN THE DEVELOPMENT, CONSTRUCTION AND LONG-TERM MANAGEMENT OF AFFORDABLE HOUSING, MIXED-INCOME HOUSING AND COMMUNITY DEVELOPMENT PROJECTS; 3)TO HELP NEIGHBORHOOD LEADERS, RESIDENTS AND INSTITUTIONS IN OBTAINING AND UTILIZING (I)THE FINANCIAL BACKING OF INDIVIDUALS, CHARITABLE TRUSTS AND INSTITUTIONS, (II)THE ADVICE OF EXPERTS IN THE REAL ESTATE, BANKING AND CONSTRUCTION FIELDS, AND (III) SUPPORT FROM COMMUNITY LEADERS AND GOVERNMENT AGENCIES AND OFFICIALS; 4)TO PROVIDE FACILITIES, PERSONNEL AND FUNDS FOR STUDIES, SURVEYS AND DEMONSTRATION PLANS LEADING TO EFFECTIVE HOUSING IMPROVEMENTS OF THE GOALS OF THE CORPORATION TO BE CARRIED OUT BY PRIVATE AND PUBLIC INSTITUTIONS AND AGENCIES; 5)TO MAKE OUTRIGHT GRANTS OR LOANS OF ALL OR ANY PART OF ITS FUNDS OR PROPERTY, WITH OR WITHOUT INTEREST, IN FURTHERANCE OF OR IN CONNECTION WITH THE OBJECTIVES OF THE CORPORATION; 6)TO ENGAGE IN SUCH OTHER CHARITABLE, EDUCATIONAL OR SCIENTIFIC ACTIVITIES AS THE CORPORATION MAY FROM TIME TO TIME DETERMINE; 7)TO SOLICIT, RECEIVE AND ACQUIRE BY PURCHASE, GIFT, DEVISE, BEQUEST, LEASE OR IN ANY OTHER MANY MANNER TO OWN, HOLD, USE, MAINTAIN, IMPROVE AND OPERATE, AND TO SELL, LEASE, CONVEY AND OTHERWISE DISPOSE OF ANY BUILDINGS, MONEY OR OTHER PROPERTY, REAL OR PERSONAL, IN FURTHERANCE OF ANY OF THE FOREGOING CHARITABLE, EDUCATIONAL OR SCIENTIFIC PURPOSES; 8) TO ARRANGE FINANCING FOR ITS OWN AND OTHER NONPROFIT SPONSORED AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT PROJECTS BY APPLYING FOR AND IMPLEMENTING LOANS, LINES OF CREDIT, GRANTS, INVESTMENTS AND OTHER PRIVATE OR GOVERNMENTAL RESOURCES;9) TO PROVIDE FACILITIES, PERSONNEL AND FUNDS IN SUPPORT OF PROGRAMS AND SERVICES THAT WILL HELP RESIDENTS AND NEIGHBORHOODS TO ACHIEVE IMPROVED EDUCATIONAL, PERSONAL, SOCIAL AND ECONOMIC OUTCOMES ESSENTIAL TO INDIVIDUAL AND HOUSEHOLD SUCCESS AND COMMUNITY WEALTH AND WELL-BEING; AND10)TO DO ANY AND ALL THINGS DIRECTLY OR INDIRECTLY RELATED TO ANY OF THE FOREGOING EDUCATIONAL, SCIENTIFIC, OR CHARITABLE PURPOSES.

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 expenses91,158,238

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	2,445,600	0	205,733

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)		(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
(18) TERRI HAMILTON BROWN........................................................................ MIDWEST REGIONAL DIRECTOR	40.00 .......................	X	203,784	0	9,011
(19) WILLIE M JONES........................................................................ SENIOR VICE PRESIDENT	40.00 .......................	X	197,910	0	9,622

(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

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a		7,500
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d		18,050,000
e	Government grants (contributions)1e		9,305,810

f	All other contributions, gifts, grants, and similar amounts not included above1f		637,615

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......			28,000,925
			Business Code
2a	PROPERTY MGMT FEES		531310	38,063,806	38,063,806
b	CONSULTING/DEV FEES		531390	19,985,326	19,985,326
c	GAIN ON INVOLUNTARY CONVERSION		531390	1,267,898	1,267,898
d	ASSET MANAGEMENT		531390	1,023,224	1,023,224
e	PROGRAM LOAN INTEREST		531390	735,363	735,363
f	All other program service revenue .
g	Total. Add lines 2a–2f........			61,075,617
3	Investment income (including dividends, interest, and other similar amounts).......			2,616			2,616
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory		19,560,218
b	Less: cost or other basis and sales expenses		10,232,472
c	Gain or (loss)		9,327,746
d	Net gain or (loss)..........			9,327,746	9,327,746
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..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....			590,246	590,246
e	Total. Add lines 11a–11d ......			590,246
12	Total revenue. See Instructions......			98,997,150	70,993,609	0	2,616


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			20,447,212	1	18,484,874
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ...........				3
4	Accounts receivable, net .............			21,493,657	4	41,659,590
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
				2,031,436	6	0
7	Notes and loans receivable, net .............			37,267,935	7	34,677,957
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ..........			945,213	9	1,014,602
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	41,182,929
b	Less: accumulated depreciation .....	10b	3,432,554	39,489,951	10c	37,750,375
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 .....			5,521,552	13	9,797,079
14	Intangible assets ...............			192,173	14	403,859
15	Other assets. See Part IV, line 11 ...........			2,794,480	15	4,096,398
16	Total assets. Add lines 1 through 15 (must equal line 34)......			130,183,609	16	147,884,734
17	Accounts payable and accrued expenses .........			10,553,424	17	10,395,061
18	Grants payable .................				18
19	Deferred revenue ................			1,116,873	19	1,476,344
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 ..			43,811,185	23	61,126,418
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....................			43,794,216	25	41,793,130
26	Total liabilities. Add lines 17 through 25.........			99,275,698	26	114,790,953
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			30,186,806	27	14,344,044
28	Temporarily restricted net assets ...........			721,105	28	18,749,737
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 ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			30,907,911	33	33,093,781
34	Total liabilities and net assets/fund balances ........			130,183,609	34	147,884,734