2015-11-09T09:48:38-06:00 2015-06-30 750807999 SPROLES WOODARD LLP 777 MAIN STREET SUITE 3250 FORT WORTH TX 761025304 990 2014-07-01 751439170 BAPTIST CHURCH LOAN CORPORATION BAPT 2148285140 8333 DOUGLAS AVENUE SUITE 1460 DALLAS TX 75225 LANDON K YEAGER VP/FINANCE AND ADMINISTRATION 2148285146 2015-10-26 1 ROBERT W DUKE P00151313 8173321328 2014 2016-04-25 22:37:26Z X LANDON K YEAGER 8333 DOUGLAS AVESTE 1460 DALLAS TX 75225 5315698 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 9 0 0 0 0 0 3958750 5421467 30404 10231 -150000 -116000 3839154 5315698 3000 0 0 0 787719 1031047 0 0 0 891380 1914035 1682099 2945082 2157055 2370616 119674659 151333136 22872367 52160228 96802292 99172908 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 2686413 0 5305467 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. 554 LOANS OUTSTANDING. 2686413 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 9 1 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 VICE PRESCONTROLLER 2148285140 8333 DOUGLAS AVENUE SUITE 1460 DALLAS TX 75225 PATRICK CRUMP CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 SCOTT ROBINSON VICE CHAIR 2.00 X X 0 0 0 EVAN HARRIS DIRECTOR 2.00 X 0 0 0 RYAN HEFTON DIRECTOR 2.00 X 0 0 0 RUSSELL SHELTON DIRECTOR 2.00 X 0 0 0 GEUNMOO LEE DIRECTOR 2.00 X 0 0 0 KRYSTAL 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 DENNIS TUCKER DIRECTOR 2.00 X 0 0 0 FRANZE WALL DIRECTOR 2.00 X 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 40.00 X 214353 0 45803 BOB G GAGE SR VICE PRESIDENT 40.00 X 156150 0 38533 LANDON K YEAGER VP/FINANCE AND ADMINISTRATION 40.00 X 119893 0 13419 490396 0 97755 3 0 1 0 0 INTEREST REVENUE ON LO 900000 5405941 5405941 LATE FEES/NSF FEES 900000 15526 15526 5421467 10231 10231 RESERVE FOR LOAN LOSS 900099 -116000 -116000 -116000 5315698 5305467 0 10231 590277 472349 117928 312566 269509 43057 46814 40365 6449 28206 24321 3885 53184 45858 7326 30027 30027 31417 23045 8372 21164 17284 3880 39703 39180 523 7844 7844 1532444 1532444 49806 33539 16267 45635 37812 7823 MINISTRY DEVELOPMENT 79394 79394 MISCELLANEOUS 40218 33323 6895 DATA PROCESSING 36383 30146 6237 2945082 2686413 258669 0 5094662 3962860 4897047 3778419 227188 313898 109309683 142956303 44643 69266 364972 112582 101436 252390 119674659 151333136 260369 3043494 22611998 49116734 22872367 52160228 X 0 0 0 0 0 0 96802292 99172908 119674659 151333136 2370616 0 X 0 1 X 1 0 X X 1 BAPTIST GENERAL CONVENTION OF TEXAS 750904042 1 1 146622303 0 1 146622303 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81117 199 3000 78316 82389 228 1500 81117 81942 447 82389 81203 739 81942 80235 500 468 81203 0.40000 0.60000 0 0 364972 112582 252390 252390 3783254 0 3783254 1532444 1532444 5315698 1412638 0 1412638 1532444 1532444 2945082 PART V, LINE 4: 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 FUND APPROVED AND PAID TWO GRANTS FOR $1,500 EACH DURING THE FISCAL YEAR ENDED 06/30/14. THE FUND WILL RECLASS AND UNRESTRICT THE GRANT TOTAL OF $3,000 DURING THE FISCAL YEAR ENDED 06/30/15. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE ON NOTES PAYABLE 1,532,444. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE ON NOTES PAYABLE 1,532,444. X X X X X 0 0 0 0 0 0 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 170000 0 40000 0 4353 0 23800 0 22003 0 260156 0 0 0 BOB G GAGE SR VICE PRESIDENT 130000 0 20000 0 6150 0 15600 0 22933 0 194683 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 VICE PRESIDENT/CONTROLLER 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 THE GUIDESTAR WEBSITE. BAPTIST GENERAL CONVENTION OF TEXAS 333 N WASHINGTON DALLAS TX 752461798 750904042 SUPPORT BAPTIST CHURCHES TX 501(C)(3) LINE 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 BAPTIST GENERAL CONVENTION OF TEXAS K 30648 FAIR MARKET VALUE BAPTIST GENERAL CONVENTION OF TEXAS P 161668 FAIR MARKET VALUE