SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
COASTAL ENTERPRISES INC
 
Employer identification number

01-0347504
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) 30 FEDERAL STREET INVESTMENTS LLC
30 FEDERAL STREET
BRUNSWICK,ME04011
81-3520178
FINANCING ME 51,388 5,724,922 COASTAL ENTERPRISE INC
 
(2) BRIGHT COMMUNITY CAPITAL HOLDINGS LLC
30 FEDERAL STREET
BRUNSWICK,ME04011
82-4156609
FINANCING ME -228,533 1,550,310 COASTAL ENTERPRISE INC
 
(3) BRIGHT COMMUNITY LOAN FUND I LLC
30 FEDERAL STREET
BRUNSWICK,ME04011
82-2674348
FINANCING ME -21,739 5,843 COASTAL ENTERPRISE INC
 
(4) CEI CAPITAL FUND
30 FEDERAL STREET
BRUNSWICK,ME04011
84-2671059
FINANCING ME -54,576 198,082 COASTAL ENTERPRISE 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?
Yes No
(1)CEI HOUSING INC
30 FEDERAL STREET

BRUNSWICK,ME04011
22-3080013
LOW INCOME HOUSING ME 501(C)(3) 9 COASTAL ENTERPRISE INC
 
Yes
 
(2)WISCASSET REGIONAL DEVELOPMENT CORP
485 CHEWONKI NECK ROAD

WISCASSET,ME04578
30-0220853
EMPLOYMENT OPPORTUN IN WISCASSET AREA ME 501(C)(3) 7 COASTAL ENTERPRISE INC
 
Yes
 










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2018
Page 2
Schedule R (Form 990) 2018
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


Yes No Yes No
(1) BC HOUSING LP

30 FEDERAL STREET
BRUNSWICK,ME04011
LOW INCOME HOUSING ME N/A
                 
(2) CEI CAPITAL MANAGEMENT LLC

30 FEDERAL STREET
BRUNSWICK,ME04011
46-0496505
LOW INCOME HOUSING ME COASTAL ENTERPRISES INC
 
RELATED 3,146,051 10,267,554   No   Yes   99.990 %
(3) CEI COMMUNITY VENTURES FUND LLC

30 FEDERAL STREET
BRUNSWICK,ME04011
01-0543608
LOW INCOME HOUSING ME N/A
                 
(4) CHOM HOUSING LP

30 FEDERAL STREET
BRUNSWICK,ME04011
LOW INCOME HOUSING ME N/A
                 
(5) COASTAL VENTURES II LLC

30 FEDERAL STREET
BRUNSWICK,ME04011
01-0538818
VENTURE CAPITAL INVESTMENT ME N/A
                 
(6) COASTAL VENTURES III LP

30 FEDERAL STREET
BRUNSWICK,ME04011
26-2795010
VENTURE CAPITAL INVESTMENT ME N/A
                 
(7) COASTAL VENTURES IV LP

30 FEDERAL STREET
BRUNSWICK,ME04011
47-2445874
VENTURE CAPITAL INVESTMENT ME N/A
                 
(8) GILMAN PLACE ASSOCIATES LP

30 FEDERAL STREET
BRUNSWICK,ME04011
26-3748816
LOW INCOME HOUSING ME N/A
                 
(9) MARKET SQUARE HOUSING LP

30 FEDERAL STREET
BRUNSWICK,ME04011
20-3866663
LOW INCOME HOUSING ME N/A
                 
(10) POND CIRCLE LP

30 FEDERAL STREET
BRUNSWICK,ME04011
LOW INCOME HOUSING ME N/A
                 
(11) RIVERSHORE PLACE HOUSING LP

30 FEDERAL STREET
BRUNSWICK,ME04011
LOW INCOME HOUSING ME 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?
Yes No
(1) BC HOUSING INC

30 FEDERAL STREET
BRUNSWICK,ME04011
41-2028826
LOW INCOME HOUSING ME CEI
 
C -818 179,750 100.000 %   No
(2) BIRCH HILL INC

30 FEDERAL STREET
BRUNSWICK,ME04011
26-1265392
LOW INCOME HOUSING ME CEI
 
C -700   100.000 %   No
(3) CCML HOLDINGS INC

30 FEDERAL STREET
BRUNSWICK,ME04011
46-3914307
LOW INCOME HOUSING ME N/A
C         No
(4) CEI COMMUNITY VENURES INC

30 FEDERAL STREET
BRUNSWICK,ME04011
VENTURE CAPITAL INVESTMENT ME CEI
 
C     100.000 %   No
(5) CEI VENTURES INC

30 FEDERAL STREET
BRUNSWICK,ME04011
01-0492380
VENTURE CAPITAL INVESTMENT ME CEI
 
C 434,995 800,950 100.000 %   No
(6) COASTAL COMMUNITY HOUSING INC

30 FEDERAL STREET
BRUNSWICK,ME04011
01-0546740
LOW INCOME HOUSING ME CEI
 
C -870 134 100.000 %   No
(7) GILMAN PLACE INC

30 FEDERAL STREET
BRUNSWICK,ME04011
26-3748761
LOW INCOME HOUSING ME CEI
 
C 14,607   100.000 %   No
(8) HOULTON SQUARE INC

30 FEDERAL STREET
BRUNSWICK,ME04011
27-1193231
LOW INCOME HOUSING ME CEI
 
C -11,971 45 100.000 %   No
(9) POND CIRCLE INC

30 FEDERAL STREET
BRUNSWICK,ME04011
01-0547370
LOW INCOME HOUSING ME CEI
 
C 23,840 14,525 100.000 %   No
(10) RIVERSHORE INC

30 FEDERAL STREET
BRUNSWICK,ME04011
26-3748967
LOW INCOME HOUSING ME CEI
 
C -25,801 50,049 100.000 %   No
Schedule R (Form 990) 2018
Page 3
Schedule R (Form 990) 2018
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
No
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 .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
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) MARKET SQUARE HOUSING LP

A 95,682 FMV
(2) CCML HOLDINGS INC

L 383,604 FMV
(3) BC HOUSING INC

B 153,514 FMV
(4) CCML HOLDINGS INC

J 90,298 FMV
(5) POND CIRCLE LP

D 147,777 FMV

Schedule R (Form 990) 2018
Page 4
Schedule R (Form 990) 2018
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)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(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?
(k)
Percentage
ownership


Yes No Yes No Yes No






























Schedule R (Form 990) 2018
Page 5
Schedule R (Form 990) 2018
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) 2018

Additional Data


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