BAYLOR HEALTH CARE SYSTEM CREDIT UNION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
BAYLOR HEALTH CARE SYSTEM CREDIT UNION (EIN 75-1058426)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-13
IRS object ID
201521339349301482
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T10:05:00-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN751058426EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BAYLOR HEALTH CARE SYSTEM CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBAYLBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14005 CRUTCHER STREETAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75246ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLTON PAULSONPersonNm
Person TitleVPPersonTitleTxt
Phone2148202661PhoneNum
Signature2015-04-30SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARLTON PAULSONPrincipalOfficerNm
Gross Receipts$2,333,559GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscCREDIT UNIONOtherOrganizationDsc
Formation1957FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionBHCSCU IS A MEMBER-OWNED FINANCIAL INSTITUTION WHOSE PURPOSE IS TO PROMOTE THE FINANCIAL WELL-BEING OF ITS MEMBERS BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Gross UBI$141,458TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,871,747PYProgramServiceRevenueAmt
CY Program Service Revenue$1,985,734CYProgramServiceRevenueAmt
PY Investment Income$259,368PYInvestmentIncomeAmt
CY Investment Income$347,825CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,131,115PYTotalRevenueAmt
CY Total Revenue$2,333,559CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$497,375PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$552,295CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,437,454PYOtherExpensesAmt
CY Other Expenses$1,372,218CYOtherExpensesAmt
PY Total Expenses$1,934,829PYTotalExpensesAmt
CY Total Expenses$1,924,513CYTotalExpensesAmt
PY Revenues Less Expenses$196,286PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$409,046CYRevenuesLessExpensesAmt
Total Assets BOY$61,780,055TotalAssetsBOYAmt
Total Assets EOY$64,710,267TotalAssetsEOYAmt
Total Liabilities BOY$52,078,597TotalLiabilitiesBOYAmt
Total Liabilities EOY$54,731,668TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,701,458NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,978,599NetAssetsOrFundBalancesEOYAmt
MissionBHCSCU IS A MEMBER-OWNER FINANCIAL INSTITUTION WHOSE PURPOSE IS TO PROMOTE THE FINANCIAL WELL-BEING OF ITS MEMBERS BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$259,712ExpenseAmt
Revenue$321,647RevenueAmt
DescSHARE ACCOUNTS - BHCSCU'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD ALMOST 6500 MEMBER-OWNER ACCOUNTS ON DECEMBER 31 2013. MEMBERS SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. WE ALLSO OFFER IRA AND CHRISTMAS CLUB ACCOUNTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Activity522130ActivityCd
Expense$90,124ExpenseAmt
Revenue$255,924RevenueAmt
DescCHECKING ACCOUNTS - BHCSCU PROVIDES CHECKING ACCOUNTS FOR MEMBERS WITH VARIOUS FEATURES AND BENEFITS. ALL OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY THE CREDIT UNION EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS INTERNET ACCOUNT ACCESS INTERNET BILL PAYMENT AND SURCHARGE FREE NETWORK ATM ACCESS. 50 OF THE CU'S MEMBERS HAVE CHECKING ACCOUNTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Activity522130ActivityCd
Expense$69,113ExpenseAmt
Revenue$1,330,895RevenueAmt
DescCONSUMER LOANS - BHCSCU HAS PROVIDED VEHICLE LOANS SINCE ITS EARLY YEARS. THE CONSUMER LOAN PRODUCT LINE INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR PASSENGER AND RECREATIONAL VEHICLES BOATS AND MOTORCYCLES. WE ALSO OFFER MORTGAGE LOANS THROUGH CU MEMBERS MORTGAGE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$418,949TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1396IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee13EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKARL KOUNSPersonNm
Phone2148202342PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14005 CRUTCHER SUITE 130AddressLine1Txt
Address Line2SUITE 130AddressLine2Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75246ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LAVONE ARTHUR
CHAIRMAN1Yes (X)$0$0$0
KEITH HOLTZ
VICE-CHAIRMAN1Yes (X)$0$0$0
PAT BROWN
DIRECTOR1Yes (X)$0$0$0
JENNIFER COLEMAN
SECRETARY1Yes (X)$0$0$0
MARK AMIRI
DIRECTOR1Yes (X)$0$0$0
DENWARD FREEMAN
DIRECTOR1Yes (X)$0$0$0
BETHANY FERGUSON
DIRECTOR1Yes (X)$0$0$0
KARL KOUNS
PRESIDENTCEO1$129,795$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$129,795TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonNAPersonNm
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522130$1,313,611$1,313,611
FEE INCOME522130$229,768$88,310$141,458
OTHER OPERATING INCOME522130$442,355$442,355
FieldValueIRS element (for citing)
Total Program Service Revenue$1,985,734TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$347,825TotalRevenueColumnAmt
Exclusion$347,825ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,333,559TotalRevenueColumnAmt
Related Or Exempt Func Income$1,844,276RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$141,458UnrelatedBusinessRevenueAmt
Exclusion$347,825ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$211,497TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$301,559TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$39,239TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,921TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,355TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$490,081TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$122,427TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$132,832TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,279TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$143,958TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$70,452TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
MISC$36,096
LOAN LOSS$60,015
OPERATING FEES$10,310
ASSOCIATION DUES$16,038

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$253,454TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,924,513TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,597,520BOYAmt
EOY$1,319,483EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$32,804,698BOYAmt
EOY$35,285,585EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$3,237BOYAmt
EOY$623EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$25,143,505BOYAmt
EOY$25,731,089EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$786,199LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$625,030LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$195,543BOYAmt
EOY$161,169EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,035,552BOYAmt
EOY$2,212,318EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$61,780,055BOYAmt
EOY$64,710,267EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$73,868BOYAmt
EOY$150,187EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,004,729BOYAmt
EOY$54,581,481EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,078,597BOYAmt
EOY$54,731,668EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$9,701,458BOYAmt
EOY$9,978,599EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,701,458BOYAmt
EOY$9,978,599EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$61,780,055BOYAmt
EOY$64,710,267EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$409,046ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$131,905OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Audit CommitteefalseAuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$228,353InvestmentCostOrOtherBasisAmt
Depreciation$228,353DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$557,846InvestmentCostOrOtherBasisAmt
Depreciation$396,677DepreciationAmt
Book Value$161,169BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$161,169TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
NCUSIF$521,124
PPD EXP$643,710
ACC INT$6,931
SURETY BOND$6,538
457(F)$983,817
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,162,120TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$161FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
SAVINGS ACCOUNTS$40,655,165
SHARE DRAFTS$10,012,763
CHRISTMAS CLUB$106,371
IRAS$3,807,182
FieldValueIRS element (for citing)
Total Liability$54,581,481TotalLiabilityAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)

DefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
ALL LOANS TO
falsefalsefalse
INTERESTED PERSONS
falsefalsefalse
ARE ON THE SAME
falsefalsefalse
TERMS AS ALL OTHER
falsefalsefalse
CU MEMBERS
falsefalsefalse

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VI SEC A LINE 6ORGANIZATION IS MEMBER OWNED THUS HAS MEMBERS
PART VI SEC A LINE 7ACU MEMBERS ELECT BOARD DIRECTORS AT ANNUAL MEETING
PART VI SEC A LINE 7BMEMBERS MAY VOTE ON ISSUES THAT AFFECT THEM SUCH AS A CHANGE IN THE CU'S CHARTER. SIMPLE OPERATIONAL CHANGES ARE THE DECISION OF MANAGEMENT.
PART VI SEC B LINE 11ACOPY OF FORM 990 WAS PROVIDED TO EACH BOARD MEMBER FOR REVIEW QUESTIONS AND COMMENTS ARE DISCUSSED DURING REVIEW.
PART VI SEC B LINE 15UTILIZE SALARY SURVEY PUBLISHED BY CORNERSTONE CREDIT UNION LEAGUE FOR DETERMINING SALARIES.
PART VI SEC B LINE 19CU MAKES ITS GOVERNING DOCUMENTS POLICIES AND STATEMENTS AVAILABLE TO ITS MEMBERS UPON RECEIPT OF WRITTEN REQUEST TO VIEW THOSE DOCUMENTS.
PART XI LINE 9131905 TO ADJUST DEFINED BENEFIT OCI PER FAS 158.

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