2016-11-14T14:12:47-06:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2015-07-01 751439170 BAPTIST CHURCH LOAN CORPORATION BAPT 2148285140 8333 DOUGHLAS AVENUE SUITE 1460 DALLAS TX 75225 LANDON K YEAGER SVP/FINANCE & ADMINISTRATION 2148285140 2016-11-10 1 ALLISON BROWN P01603075 9723835700 2015 2017-02-10 21:41:12Z LANDON K YEAGER 8333 DOUGHLAS AVENUE SUITE 1460 DALLAS TX 75225 5589706 0 X WWW.BAPTISTCHURCHLOAN.ORG X 1952 TX ASSIST CHURCHES IN THEIR EFFORTS TO SPREAD THE GOSPEL BY PROVIDING AFFORDABLE REAL ESTATE LOANS 12 12 8 0 0 0 0 0 5421467 5514945 10231 23098 -116000 0 5315698 5538043 0 20000 0 0 1031047 1088945 0 0 0 1914035 2019348 2945082 3128293 2370616 2409750 151333136 150894242 52160228 49311584 99172908 101582658 ESTABLISH NEW CONGREGATIONS AND STRENGTHEN EXISTING ONES BY PROVIDING AND SERVICING LOANS FOR LAND PURCHASE, CONSTRUCTION, IMPROVING CURRENT FACILITIES, OR PURCHASING A NEW FACILITY FOR WORSHIP/RELIGIOUS INSTRUCTION 0 0 2807766 20000 5521055 ESTABLISH NEW CONGREGATIONS AND STRENGTHEN EXISTING ONES BY PROVIDING AND SERVICING LOANS FOR LAND PURCHASE, CONSTRUCTION, IMPORVING CURRENT FACILITIES, OR PUCHASING A NEW FACILITY FOR WORSHIP/RELIGIOUS INSTRUCTION. 548 LOANS OUTSTANDING AS OF YEAR END. 2807766 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X LANDON K YEAGER 2148285140 8333 DOUGLAS AVENUE SUITE 1460 DALLAS TX 75225 SCOTT ROBINSON CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 EVAN HARRIS VICE CHAIRMAN 2.00 X X 0 0 0 GEUNMOO LEE DIRECTOR 2.00 X 0 0 0 KYRSTAL MIMS DIRECTOR 2.00 X 0 0 0 TODD NORDEEN DIRECTOR 2.00 X 0 0 0 JJ GOMEZ DIRECTOR 2.00 X 0 0 0 GARY MILLER DIRECTOR 2.00 X 0 0 0 DR DENNIS TUCKER DIRECTOR 2.00 X 0 0 0 FRANZE WALL DIRECTOR 2.00 X 0 0 0 PATRICK CRUMP DIRECTOR 2.00 X 0 0 0 JARED GREEN DIRECTOR 2.00 X 0 0 0 RYAN HEFTON DIRECTOR 2.00 X 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 40.00 X 201283 0 37089 BOB GAGE SENIOR VICE PRESIDENT 40.00 X 147730 0 23895 LANDON YEAGER SVP/FINANCE & ADMINISTRATION 40.00 X 109702 0 14454 MATTHEW CARTER VICE PRESIDENT 40.00 X 138366 0 17197 597081 0 92635 4 0 1 0 PROSPERITY BANK 1401 AVE Q LUBBOCK TX 79401 NOTE PAYMENTS 1730929 BANK OF TEXAS PO BOX 29775 DALLAS TX 752299775 NOTE PAYMENTS 1403622 COMERICA BANK 8850 BOEDEKER STREET 4TH FLOOR DALLAS TX 75225 NOTE PAYMENTS 716049 BGCT 7557 RAMBLER RD SUITE 1200 DALLAS TX 752312310 INSURANCE, ANNUITY REIMBURSEMENTS 217353 CFO DT III INC PO BOX 844759 DALLAS TX 752844759 RENT 117280 5 INTEREST REVENUE ON LO 525990 5500065 5500065 LATE FEES/NSF FEES 525990 14880 14880 5514945 7114 7114 67647 51663 15984 15984 6110 9874 5538043 5521055 0 16988 20000 20000 734971 611038 123933 197407 140287 57120 82358 64076 18282 21028 13211 7817 53181 44125 9056 1955 1955 33124 33124 57577 54045 3532 120258 98212 22046 50834 48683 2151 11480 11480 1459114 1459114 73902 53504 20398 50761 42059 8702 MINISTRY DEVELOPMENT 76543 76543 DATA PROCESSING 49104 40686 8418 MISCELLANEOUS 34696 28748 5948 3128293 2807766 320527 0 3962860 2988314 3778419 1174377 313898 329007 142956304 146110904 69266 66691 383701 158752 252389 224949 151333136 150894242 3043494 2588027 49116734 46723557 52160228 49311584 X 99172908 101582658 99172908 101582658 151333136 150894242 2409750 0 X X 0 1 X 1 0 X X 1 BAPTIST GENERAL CONVENTION OF TEXAS 750904042 1 1 149776903 0 1 149776903 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 THE SUPPORTING AND SUPPORTED ORGANIZATIONS DO NOT SHARE ANY BOARD MEMBERS, HOWEVER THE SUPPORTED ORGANIZATION ELECTS 1/3 OF THE BOARD FOR THE SUPPORTING ORGANIZATION. IN ADDITION, UPON DISSOLUTION OF THE SUPPORTING ORGANIZATION, ASSETS WILL BE DISTRIBUTED TO THE SUPPORTED ORGANIZATION. 78512 169 20000 58681 81117 395 3000 78512 82389 228 1500 81117 81942 447 82389 81203 739 81942 0.40000 0.60000 0 0 68018 16187 51831 208026 100493 107533 107657 42072 65585 224949 X 4078929 -1459114 -1459114 5538043 0 5538043 1669181 0 1669181 1459114 1459114 3128295 PART X, LINE 2: THE COMPANY IS EXEMPT, UNDER INTERNAL REVENUE CODE (CODE) SECTION 501(C)(3), FROM FEDERAL AND STATE INCOME TAXES. THE COMPANY HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. COMPANY MANAGEMENT CONSIDERED THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY, OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES, RELATED TO EVENTS THAT ARE MORE LIEKLY THAN NOT TO OCCUR. THIS INCLUDES CHANGES TO THE COMPANY'S STATUS AS A NONPROFIT ENTITY. MANAGEMENT BELIEVES THE COMPANY MET THE REQUIREMENTS TO MAINTAIN ITS STATUS AS A NONPROFIT ENTITY. THE COMPANY ALSO BELIEVES IT HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). AS A RESULT, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE COMPANY EVALUATED ITS TAX POSIITION AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST EXPENSE NETTED ON AUDIT PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE NETTED ON AUDIT PART V, LINE 5 IN NOVEMBER 1998, THE CORPORATION ESTABLISHED THE BRUCE W BOWLES SPECIAL NEEDS CHURCH FUND (THE "FUND") TO HONOR MR. BOWLES FOR 25 YEARS OF SERVICE TO THE CORPORATION. THE PURPOSE OF THE FUND IS TO MAKE FUNDS AVAILABLE TO ASSIST CHURCHES IN SITUATIONS WHERE A CHURCH CAN NEITHER AFFORD TO BORROW, NOR OTHERWISE RAISE FUNDS FOR AN URGENT NEED. FUND EARNINGS MAY BE DISBURSED FROM THE FUND AS DETERMINED BY A THREE-PERSON COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS, HOWEVER THE CORPUS MAY BE USED ONLY IN AN AMOUNT PREVIOUSLY APPROVED BY THE BOARD OF DIRECTORS. THE BOARD APPROVED A $20,000 GRANT DURING THE FISCAL YEAR ENDED JUNE 30, 2015 FOR PAYMENT IN THE FISCAL YEAR ENDED JUNE 30, 2016. 1 BAPTIST GENERAL CONVENTION OF TEXAS 7557 RAMBLER ROAD SUITE 1200 DALLAS TX 752312388 756044885 501(C)(3) 20000 BOOK FOR THE BGCT SMALL CHURCH MATCHING GRANT FUND 1 1 PART I, LINE 2: THE BOARD DISCUSSES USES FOR THE FUNDS AND THE CIRCUMSTANCES THAT MUST BE MET IN ORDER FOR THE FUNDS TO BE GRANTED, AND THEN THEY VOTE ON THE MATTER. X X X X X 0 0 0 0 0 0 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 183483 0 17800 0 0 0 31808 0 5281 0 238372 0 0 0 BOB GAGE SENIOR VICE PRESIDENT 142330 0 5400 0 0 0 17799 0 6096 0 171625 0 0 0 MATTHEW CARTER VICE PRESIDENT 128066 0 10300 0 0 0 14755 0 2442 0 155563 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS NO MEMBERS, BUT THE BAPTIST GENERAL CONVENTION OF TEXAS ELECTS 1/3 OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE SVP/FINANCE & ADMINISTRATION AND THE PRESIDENT/CEO REVIEW THE FORM 990 WITH THE CPA FIRM THAT PREPARED THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS REQUIRED TO SIGN THE CONFLICT OF INTEREST AND CODE OF CONDUCT POLICY, ACKNOWLEDGING THAT THEY ARE IN COMPLIANCE UPON JOINING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE PRESIDENT/CEO PROVIDES A SCHEDULE LISTING EACH OF THE CORPORATE OFFICERS' SALARY, BENEFITS, ANNUITY CONTRIBUTIONS, AND COMPARABLE SALARY DATA TO THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS. UPON MOTION FROM THE NOMINATING COMMITTEE, THE BOARD OF DIRECTORS MUST APPROVE THE SALARIES OF THE FOLLOWING: CHAIRMAN OF THE BOARD, VICE PRESIDENT, PRESIDENT/CEO, SENIOR VP/SECRETARY, VP/CONTROLLER/TREASURER, EMERGENCY OFFICERS AND EXECUTIVE COMPENSATION. IN 2010, THE PRESIDENT PROVIDED THE NOMINATING COMMITTEE WITH A SALARY SURVEY PERFORMED BY A BANK COMPENSATION CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS AVAILABLE ON GUIDESTAR. FORM 990, PART XII, LINE 2C: THE COMPANY HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PREVIOUS YEAR. BAPTIST GENERAL CONVENTION OF TEXAS 7557 RAMBLER PARK RD STE 1200 DALLAS TX 75231 756044885 SUPPORT BAPTIST CHURCHES TX 501(C)(3) LINE 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 BAPTIST GENERAL CONVENTION OF TEXAS P 183997 FMV BAPTIST GENERAL CONVENTION OF TEXAS B 20000 CASH