2013 Board Members 2013 Staff Members Revenues & Expenses Statement of Financial Position 2 0 1 3 A n n u a l R e p o r t

1st ROW, (L to R) Assets Revenues 7% 3 6 y e AR S E st. 1 9 7 7 Billy Palmer, 17% June 30, Resident, Glendale 2013 2012 Curtis Mansfield, Pacificorp Cash $ 1,220,141 $ 1,261,948 James Wood, University of Restricted cash 1,957,382 1,672,120 John Taylor, 38% 23% Certificates of deposit 652,443 650,065 CIT Bank Grants receivable 391,782 121,504 Interest receivable 187,137 132,708 2nd ROW, (L to R) 13% 3% Prepaid expense 19,462 17,259 Nichol Bourdeaux, Salt Lake Ctiy Other assets 1,100 2,000 Kisty Morris, Mortgage loans receivable, net 3,522,336 3,195,134 Morgan Stanley Bank Haytham Ibrahim, Resident, AHMI loans receivable, net 13,129,464 12,585,939 Glendale Preperty held for development, rehabilitation and sale, net 2,826,956 2,993,941 Annual Report Contributions NWA Grants Michael Plaizier, 2013 Staff: (Left to Right): Justin Frazier, Jennifer Sanchez, Rachael Skidmore, Maria Garciaz, Victor Martinez, Luz Baxley, Bob Lund, Sonya Martinez, Loan origination fees, net 33,496 34,863 Zions Bank David Moffitt, David Foster, Raquel Garcia, Geoff Hardies, Frank Bedolla, Christopher Foley, Erika Lindholm, Harry Tan, Tham Soekotjo Interest Income Property Sold Investment in and advances to related real estate 3rd ROW, (L to R) Other Income Public Grants YouthWorks Steering Loan Committee Executive Committee Audit Committee limited liability company 1,359,537 1,359,537 Front Cover Robert Pedersen, Committee Property and equipment, net 145,573 170,612 Sallie Mae Bank Amy White Utah Housing Curtis Mansfield (President) Arlene Dzurnak GE Capital Billy Palmer Resident Corporation Pacificorp Financial Sheldon Woods, $ 25,446,809 $ 24,197,630 Pitney Bowes Bank Carla Nguyen US Bank Angie Vorher Resident Tiffany Sandberg (Vice John Taggart Medallion Bank President) Resident Beti Tu’aefe, Resident, Poplar Cuong Nguyen Commission on Anthony Zimmer Ally Bank Steven Chapton CPA Liabilities & Net Assets Criminal and Juvenile Justice Sheldon Woods (Treasurer) Photo & Grove Christy Sapp Resident Pitney Bowes Bank Murray Advisory Board 1% 2% 2013 2012 Terry Thomas, Jim Miller Salt Lake Early Karl Kiefer GE Capital Expenses Resident, Westpointe Intervention and Prevention Financial Billy Palmer (Secreatary) Kent Landvatter Utah 6% Accounts payable 51,661 54,162 Services Resident 9% Michele Weaver Zions Bank Community Bank Accrued expenses 61,127 62,255 Robert Pedersen (Ex-Officio) 20% 4th ROW, (L to R) Robert Rendon Zions Bank Ramez Halteh Key Bank Terry ThomasResident Sallie Mae Bank 30% Accrued obligation - Citifront 99,996 99,969 Content Wendy Jack Alvarado 8% Tiffany Sandberg, Resident, Thomas Isom Pitney Bowes Robert Rendon Zions Bank Horizonte School Escrow deposits 53,926 50,793 Fair Park Bank AHMI Credit Committee Kathy Ricci Resident Kevin Winston Resident Tim Tingey, Murray City Darryl K. Johnson CIT Bank Tim Tingey Murray City Deposits 785,072 752,839 Pat Miller Department of Labor Finance Committee Brad Bartholomew, Resident, David Verno WebBank Eileen Maloney Resident Notes payable - rehabilitation and development 1,706,362 2,032,170 Rose Park Charlie Knadler EnerBank Housing Development Anthony Zimmer Ally Bank Karen Daniels Washington Notes payable - other 13,746,540 13,326,270 Bryce Garner, Resident, Fair USA Federal Bank Committee John Haymond Medallion Park Dale Garlitz Comenity Capital Bank 54% Long-term debt - revolving loans 1,350,000 1,350,000 Ana Valdemoros Bank Murray Loan Committee Planning Department Kent Landvatter Utah Total liabilities 17,854,684 17,728,458 Jared Gleue Wells Fargo Bank Bill Swadley Bank of 5th ROW, (L to R) Daniel McKinney Resident Community Bank John Haymond Medallion American Fork Mark Hales Tibbles Fork Brent Watson, Goldman Jeffrey Sandberg Resident Bank Advisors John Haymond Medallion Net assets Sachs Bank Robert Nisbet Wells Fargo Kent Landvatter Utah Bank Michael Plaizier Zions Bank Unrestricted 3,538,863 2,399,525 Bank Community Bank Karen Daniels Washington Home Ownership Rob Pedersen (Chair) Sallie Kisty Morris Morgan Stanley Mark Hales Tibbles Fork Federal Bank Temporarily restricted 174,487 211,935 Mae Bank Community Building & Community Based Bank Advisors Tori Gillies Resident Lisa Andrues GE Capital Retail Organizing Economic Development Permanently restricted 3,878,775 3,857,712 Tu’aefe family with Mrs. Martin – Paint Your Heart Out 2013 Recipient. Benjamin Wheat Bank of Robert Pedersen Sallie Mae Bank American Fork Bank Total net assets 7,592,125 6,469,172 Sheldon Woods Pitney Real Estate Development Management and General Sheldon Woods Pitney Bowes BowesBank $ 25,446,809 $ 24,197,630 Bank Affordable Housing Fundraising Rebuilding N e i g h b o r h o o d s Mission Investment N e i g h b o r b y N e i g h b o r house by house... block by block! Message to Stakeholders: 2013 HIGHLIGHTS LINE OF BUSINESS OUTCOMES FY 2012-2013 2013 Contributors & Public Support

Dear Stakeholders, Homeownership Services YouthWorks™ “Having the opportunity to help Ally Bank Federal Deposit Insurance Michael Plaizier Thomas Isom Corporation As our 36th year of existence comes to a close, we feel genuine satisfaction in the • Funded 10 first mortgages for a total investment of $1.6 Million • Provided employment opportunity to 46 youth American Express Michele Weaver Tiffany Sandberg out the community and taking action First American Title role we have played in improving the quality of life in the communities we serve and • Funded nine second mortgages for a total investment of $277,072 • 33 youth completed 10-part prevention program Amy McDonald Mickey Landy Tim Tingey are excited for what the future will bring. • Funded six home improvement loans for a total investment of $99,730 • Involved youth in 11 service and 26 community projects made me proud of myself and the people Amy White Framing Hope 360 Moises Prospero Tori Gillies The development of sustainable neighborhoods of choice results in not only the Program • Facilitated 45 first mortgages for a total investment of $7.0 Million • Terminated four youth from the court system Ana Valdemoros Morgan Stanley Bank U.S. Housing and Urban visual benefits of an improved physical appearance for the neighborhood, but also I worked with. It’s good to know that Freddie Mac • Counseled 402 customers for: • 90% High School attendance rate while attending the program Angie Vorher Mountain America Development in the intangible benefits; the pride of knowing that lives are forever changed and GE Capital Financial community spirit is lifted, that tear or smile exchanged when a family realizes the o 205 Homebuyer Education • Invested $41,694 as stipends for youth people really care.” Anthony Zimmer Murray City University Neighborhood GE Capital Retail Bank Partners opportunity to buy their first home, or the undeniably positive influence of the o 91 pre-purchase counseling Arlene Dzurnak NeighborWorks America YouthWorks program on a young man or woman as they learn new skills that will benefit them throughout o 106 Pre-foreclosure customers and saved 34 homes Real Estate Development – Spring 2013 YouthWorks Graduate Geoffrey Hardies Bank of American Fork Newlook International their lives. And, there is no denying the sense of accomplishment community members feel as they graduate • Rehabilitated five real estate owned properties George S. and Dolores US Bank from the Westside Leadership Institute and are empowered to enhance their lives and the community as a Benjamin Wheat Eccles Foundation Pacificorp Community Based Economic Development • Sold 10 single family residential homes and provided rehabilitation loans to six homeowners Utah Association of whole. Beti Tu’aefe Goldman Sachs Bank USA Parsons Behle Latimer Financial Services • Established River District Business Alliance on North Temple • Strategically acquired seven problem properties The impacts of our contributions are deeper and stronger than ever, and it is with great pride that we share Billy Palmer Harry Tan Pitney Bowes Bank Utah Division of Museum our accomplishments of 2013; • Established North Temple Façade Improvement Grant Program ($110,000 is available for a matching • Invested over $1.5 Million of federal funds in the community for affordable housing development Bob Lund Holland Hart Procom Painting and Arts • Homeownership Services program funded 1st and 2nd mortgages for an investment of $2 Million and Dan Snarr, Jason Hayes, Tim Tingey, and Jim Brass at Box Elder Open House Ribbon Cutting grant to businesses on North Temple) Brad Bartholomew Rachael Skidmore Utah Transit Authority facilitated 45 1st mortgages statewide for an additional investment of $7 Million; • Co-hosted The Airport TRAX Line Grand Opening in partnership with Salt Lake City and Utah Transit Home Depot Bridge Investment Group Ramez Halteh Veronica Montoya • Community Based Economic Development activities focused on strengthening program infrastructures Authority Affordable Housing Mission Investment (AHMI) Fund Jared Gleue Bryce Garner Raquel Garcia Walmart by securing $125,000 for an Economic Development Specialist position over three years and $110,000 • Secured $125,000 to fund an Economic Development Specialist position for CBED line of business • AHMI 1 fund of $15 Million has been invested to 14 NeighborWorks® Organizations (NWO) nationally Jean Irwin for North Temple Business Façade grant program; Web Bank and one organization locally. Carla Nguyen Jeffrey Sandberg Red Iguana • Community Building and Organizing engaged over 20,000 residents and hosted 125 special events to Wells Fargo Bank Community Building and Organizing • AHMI 1 was able to help: Charlie Knadler Jessi Rawlins Rico’s highlight Salt Lake City’s west side and Murray City neighborhoods. Westside Leadership Institutes o Create over 1,400 affordable housing units Christopher Foley Robert Nisbet Wells Fargo Foundation graduated 46 individuals who used their skills to take on community challenges. • Engaged 20,079 residents in both Salt lake City west side and Murray City Jim Miller • Hosted 125 special events promoting NWSL’s services o Create/preserve 996 Full-Time jobs Christy Sapp Robert Pedersen Wendy Jack Alvarado • YouthWorks™ secured over $100,000 of new funding allowing it to expand services to serve more youth. Jimmy Lucero • 46 Westside Leadership Institute graduates which include west side residents, Honor students, and New o Leverage over $154 Million of investment CIT Bank Robert Rendon Wright Express Bank • Real Estate Development acquired seven problem properties in the neighborhood; one particular John Haymond property that blighted the neighborhood for over 25 years. Americans • Established AHMI 2 fund of $10 Million, with an expected deployment timeframe of second quarter 2014 Colleen Casto John Taggart Rocky Mountain Power William Swadley • 11 homes painted for senior citizens and disabled individuals Foundation • Affordable Housing Mission Investment (AHMI) raised $10 Million to grow this national fund to Comenity Capital Bank Jon Robinson Workers Compensation Ron Hill Imagery, Inc. Fund $25,000,000 to help build communities across the country. Continental Bank Juan Carlos Andrade Rose Park Lions Club Zions Bank • Murray Branch office invested $183,000 in renovating blighted properties. Cori Owens Juvenile Justice Services • Resource Development raised $400,000 in private support and $940,000 in public grants, including five SallieMae Bank Cuong Nguyen Karen Daniels We apologize for any names new funding sources. Salt Lake City Corp. Rob Pedersen, Jared Gleue, Lois & Archie Archuleta, Kyle LaMalfa, Greg Winegardner, and Maria Garciaz at Wells Fargo Check Presentation. Curtis Mansfield Karl Kiefer inadvertently left off our Each layer of brick and mortar, slab of concrete, and finishing touch are the physical manifestations of Salt Lake City Arts list. Dale Garlitz Kathy Ricci what drives us; the belief that helping others to improve their lives is of vital social, economic and ethical Council Thank You very much for Daniel McKinney importance. Ken Embley Salt Lake County your help. We could not do We continue to grow as an organization; deep roots are being established within the communities we Darryl K. Johnson it without you! Kent Landvatter Selene Mansfield serve as evidenced by the revitalization effort along the North Temple corridor and the Murray community’s Dave Fredrickson Kevin Winston first home purchase. This would not be possible without the strong collaborative partnership of private Sheldon Woods 622 West 500 North David Foster Key Bank business, government entities, donors, residents and a strong NeighborWorks organization kept in motion Sherwin-Williams Salt Lake City, Utah 84116 David Galvan Larry Richards by a dedicated staff that gives tirelessly, a board of directors, committee assignees and volunteers whose souls Sonya Martinez 801-539-1590 become invested by volunteering their time to the organization. David Moffitt Lisa Andrues Sorenson Legacy Fax: 801-539-1593 We are grateful for the many investors, volunteers and stakeholders who continue to support David Verno Lourdes Flores Foundation NeighborWorks Salt Lake. We look forward to engaging you in our 2014 challenges and opportunities to build www.nwsaltlake.org Eileen Maloney Luz Baxley Stacy and Witbeck community…. Neighbor by Neighbor… House by House… Block by Block…. EnerBank USA Maria Garciaz Steven Chapton Erika Lindholm Mark Hales Susie Porter Esther Herrera Medallion Bank Terry Thomas Maria J. Garciaz Curt Mansfield Executive Director President Westside Leadership Institute Spring 2013 Graduation. Federal Deposit Insurance Corporation (FDIC) Team Painted a Home for Senior Citizen During PYHO 2013. YouthWorks Spring 2013 Crew. Merrick Bank Tham Soekotjo