BAYLOR HEALTH CARE SYSTEM CREDIT UNION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
BAYLOR HEALTH CARE SYSTEM CREDIT UNION (EIN 75-1058426)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-05-14
IRS object ID
201411349349301846
Schema version
2013v3.1
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)
Return2014-05-14T11:05:00-06:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN751058426EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BAYLOR HEALTH CARE SYSTEM CREDIT UNIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlBAYLBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14005 CRUTCHER STREETAddressLine1
CityDALLASCity
StateTXState
ZIP Code75246ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLTON PAULSONPersonNm
Person TitleVPPersonTitleTxt
Phone2148202661PhoneNum
Signature2014-05-08SignatureDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARLTON PAULSONPrincipalOfficerNm
Gross Receipts$2,131,115GrossReceiptsAmt
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 Employee12TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$138,068TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$35,998NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,774,300PYProgramServiceRevenueAmt
CY Program Service Revenue$1,871,747CYProgramServiceRevenueAmt
PY Investment Income$301,920PYInvestmentIncomeAmt
CY Investment Income$259,368CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,076,220PYTotalRevenueAmt
CY Total Revenue$2,131,115CYTotalRevenueAmt
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$540,398CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,437,454PYOtherExpensesAmt
CY Other Expenses$1,542,367CYOtherExpensesAmt
PY Total Expenses$1,934,829PYTotalExpensesAmt
CY Total Expenses$2,082,765CYTotalExpensesAmt
PY Revenues Less Expenses$141,391PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$48,350CYRevenuesLessExpensesAmt
Total Assets BOY$59,729,273TotalAssetsBOYAmt
Total Assets EOY$61,780,055TotalAssetsEOYAmt
Total Liabilities BOY$50,190,666TotalLiabilitiesBOYAmt
Total Liabilities EOY$52,078,597TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,538,607NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,701,458NetAssetsOrFundBalancesEOYAmt
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$376,229ExpenseAmt
Revenue$287,367RevenueAmt
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$99,740ExpenseAmt
Revenue$252,937RevenueAmt
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$131,582ExpenseAmt
Revenue$1,258,321RevenueAmt
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$607,551TotalProgramServiceExpensesAmt
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 Document1741IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee12EmployeeCnt
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 STREET 130AddressLine1
Address Line2130AddressLine2
CityDALLASCity
StateTXState
ZIP Code75246ZIPCode

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
MIKE FELTON
SECRETARY1Yes (X)$0$0$0
PAT BROWN
DIRECTOR1Yes (X)$0$0$0
JENNIFER COLEMAN
DIRECTOR1Yes (X)$0$0$0
MARK AMIRI
DIRECTOR1Yes (X)$0$0$0
DENWARD FREEMAN
DIRECTOR1Yes (X)$0$0$0
KARL KOUNS
PRESIDENTCEO1$124,706$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$124,706TotalReportableCompFromOrgAmt
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$1,241,251$1,241,251
FEE INCOME522130$183,403$183,403
OTHER OPERATING INCOME$447,093$309,025$138,068
FieldValueIRS element (for citing)
Total Program Service Revenue$1,871,747TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$259,368TotalRevenueColumnAmt
Exclusion$259,368ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,131,115TotalRevenueColumnAmt
Related Or Exempt Func Income$1,733,679RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$138,068UnrelatedBusinessRevenueAmt
Exclusion$259,368ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$201,355TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$300,224TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$38,819TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,080TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,352TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$445,281TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$115,241TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$162,478TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,346TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$254,929TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$67,476TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
MISC$32,103
LOAN LOSS$121,727
OPERATING FEES$10,127
ASSOCIATION DUES$16,500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$299,727TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,082,765TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,346,255BOYAmt
EOY$1,597,520EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,991,111BOYAmt
EOY$32,804,698EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$650BOYAmt
EOY$3,237EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$26,017,178BOYAmt
EOY$25,143,505EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$722,831LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$527,288LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$306,074BOYAmt
EOY$195,543EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,068,005BOYAmt
EOY$2,035,552EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$59,729,273BOYAmt
EOY$61,780,055EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$83,993BOYAmt
EOY$73,868EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,106,673BOYAmt
EOY$52,004,729EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,190,666BOYAmt
EOY$52,078,597EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$9,538,607BOYAmt
EOY$9,701,458EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,538,607BOYAmt
EOY$9,701,458EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,729,273BOYAmt
EOY$61,780,055EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$48,350ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$114,501OtherChangesInNetAssetsAmt
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$201,063DepreciationAmt
Book Value$27,290BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$494,478InvestmentCostOrOtherBasisAmt
Depreciation$326,225DepreciationAmt
Book Value$168,253BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$195,543TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
NCUSIF$512,889
PPD EXP$522,783
ACC INT$58,809
SURETY BOND$18,206
457(F)$922,865
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,035,552TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$184FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
SAVINGS ACCOUNTS$38,089,624
SHARE DRAFTS$9,482,953
CHRISTMAS CLUB$100,492
IRAS$4,331,660
FieldValueIRS element (for citing)
Total Liability$52,004,729TotalLiabilityAmt

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 (FORMERLY THE TEXAS 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 9114501 TO ADJUST DEFINED BENEFIT OCI PER FAS 158.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.