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SECRETARY 32.00 X 53018 0 10845 CORENNA HOWARD SECRETARY 40.00 X 102542 0 9535 DAVID WEDICK TREASURER 40.00 X 0 0 0 CARLA DICKSTEIN SENIOR VP POLICY 40.00 X 103315 0 13490 ELLEN GOLDEN MANAGING DIR. CINI 40.00 X 103413 0 13901 MICHAEL FINNEGAN SENIOR LOAN AND INVESTMENT OFFICER 40.00 X 102233 0 20564 616433 0 88798 5 0 1 0 ALLIED COOK CONTRUCTION 8 US ROUTE 1 SCARBOROUGH ME 04074 CEI CENTRAL BUILDERS 4246724 UNION OFFICE INTERIOR 226 ANDOVER STREET WILMINGTON MA 01887 CEI CENTRAL FURNITURE 259078 PRO AV SYSTEMS 275 BILLERICA ROAD SUITE 3 CHELMSFORD MA 01824 IT SOFTWARE & HARDWARE 135742 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 ACCOUNTING AND AUDITING 109929 4 2709241 2709241 FEE INCOME 3325438 3325438 CEI CAPITAL MNGMNT LLC 2677894 2677894 INTEREST ON LOANS 1874509 1874509 COASTAL VENTURES II, LLC 64699 64699 COASTAL VENTURES LP 6376 6376 -257919 -257919 7690997 76870 76870 44030 0 44030 44030 44030 BAD DEBT RECOVERY 900099 133485 133485 ANNUAL MEETING 900099 49614 49614 MISCELLANEOUS 900099 44234 44234 27868 27868 255201 10776339 7990228 0 76870 131752 131752 766491 635804 125014 5673 3710057 3077492 605111 27454 1068637 886434 174295 7908 52337 52337 109929 109929 31523 31523 113612 94242 18529 841 38389 31844 6261 284 121960 101166 19892 902 154891 128482 25263 1146 205364 170349 33495 1520 38432 31879 6268 285 835934 835934 117307 97306 19133 868 191776 159079 31278 1419 RESERVE FOR LOAN LOSSES 1441194 1441194 TECHNICAL ASSISTANCE 928890 928890 IDA MATCH 143237 143237 TELEPHONE 91996 76311 15004 681 354664 303450 48992 2222 10648372 9468634 1128535 51203 1953139 1889616 16069275 17999502 646755 624317 4105033 4202811 34035 135585 33159846 33355790 123255 165656 10166584 1020173 3400560 9146411 1784921 1843788 14881376 19985159 1000000 76158195 90348635 1534417 2777446 2016463 2216748 35696264 46112500 2550 2550 39249694 51109244 X 30170576 33575412 3781738 2707792 2956187 2956187 36908501 39239391 76158195 90348635 X 127967 -17077 2220000 X 0 1 X 1 1 1 X 619745 835162 638853 1599567 2709241 6402568 619745 835162 638853 1599567 2709241 6402568 2214982 4187586 167624 122815 83498 90461 76870 541268 6943836 56959504 0.60310 0.57370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31523 31523 9437109 9468632 623432 155858 0 0 571039 597983 588699 623432 2381153 3571730 21321 45082 45827 31523 143753 142760 149496 147175 155858 595289 892934 846346 846346 8241098 627312 7613786 1069644 392861 676783 9496 9496 9146411 INVESTMENTS - PROGRAM RELATED 19985159 C 19985159 SECURITY DEPOSITS 2550 2550 X 10794709 -17077 35447 18370 10776339 0 10776339 10683819 35447 35447 10648372 0 10648372 PART X, LINE 2: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS AFTER THE FILING OF THE RETURN. 1 NATURAL CAPITAL INVESTMENT CORP 1098 TURNER ROAD SHEPHERDSTOWN WV 25443 542058754 501(C)(3) 123752 CASH N/A TO SUPPORT THEIR LENDING PROGRAM 0 0 0 0 0 0 0 0 0 RONALD L PHILLIPS PRESIDENT 151912 0 0 0 0 0 7596 0 12867 0 172375 0 0 0 CAPRICORN PRODUCTS LLC (SEE PART V) X 100000 15296 0 1 1 MANO EN MANO MORTGAGE FINANCING FOR THE SIX UNIT AFFORDABLE HOUSING PROJECT X 220000 120289 0 1 1 135585 SCHEDULE L, PART II CEI LOAN FOR $100,000 TO CAPRICORN PRODUCTS LLC. SBA LOAN FOR $248,000 TO CAPRICORN PRODUCTS LLC. DWIGHT HAVEY IS BOTH A CEI & CAPRICORN PRODUCTS BOARD MEMBER. SCHEDULE L, PART II CEI LOAN FOR $220,000 TO MANO EN MANO. IAN YAFFE IS BOTH A CEI AND MANO EN MANO BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ALTERED ITS BYLAWS TO CHANGE FROM BEING A MEMBERSHIP ORGANIZATION TO BECOMING A NON-MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - CEI'S FORM 990 IS THOROUGHLY REVIEWED BY THE DIRECTOR OF ACCOUNTING AND THE CHIEF FINANCIAL OFFICER. THE RETURN IS THEN PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS BY THE CHIEF FINANCIAL OFFICER. THE COMMITTEE REVIEWS AND DISCUSSES THE FORM 990 AND RELATED SCHEDULES. UPON SATISFACTORY COMPLETION OF THE COMMITTEE'S REVIEW, A RESOLUTION IS PASSED AUTHORIZING THE PRESIDENT TO SIGN THE FORM 8879-EO. A FINAL DRAFT IS MADE AVAILABLE TO THE BOARD BEFORE FILING. THE RETURN IS THEN FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN AN ANNUAL STATEMENT DISCLOSING ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS. THE BOARD ALSO APPROVES THE ANNUAL BUDGET, WHICH INCLUDES THE COMPENSATION BUDGET. AN INDEPENDENT CONSULTANT WAS HIRED IN 2009 TO PERFORM A COMPANY-WIDE COMPENSATION ANALYSIS. THE CONSULTANT REVIEWED ALL JOB DESCRIPTIONS AND THEIR RESPECTIVE GRADES WITH THE RESPONSIBLE MANAGER. THE CONSULTANT COMPARED OUR JOBS TO A BASE OF COMPARABLE JOBS IN THE AREA. UPON COMPLETION OF THIS REVIEW, CEI'S SALARY RANGE FOR EACH JOB GRADE WAS SET IN ACCORDANCE WITH THE RANGES OF THE COMPARABLE AREA JOBS. THE CONSULTANT REPORTED HER FINDINGS AND PRESENTED HER RECOMMENDATIONS TO THE MANAGEMENT TEAM AND THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT IS AVAILABLE ON OUR WEBSITE. WE DO NOT CURRENTLY MAKE OUR GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: EQUITY CONTRIBUTION TO CEI 7(A) FINANCING LLC 2,220,000. 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