2014-11-11T15:52:57-06:00 2014-06-30 750807999 SPROLES WOODARD LLP 777 MAIN STREET SUITE 3250 FORT WORTH TX 761025304 990 2013-07-01 751439170 BAPTIST CHURCH LOAN CORPORATION BAPT 2148285140 333 N WASHINGTON DALLAS TX 75246 LANDON K YEAGER VP/FINANCE AND ADMINISTRATION 2148285146 2014-10-24 1 ROBERT W DUKE P00151313 8173321328 2013 2015-11-30 17:44:51Z LANDON K YEAGER 333 NORTH WASHINGTON AVE DALLAS TX 75246 3868376 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 7 0 0 0 0 0 3975602 3958750 28095 30404 0 -150000 4003697 3839154 1500 3000 0 0 702752 787719 0 0 0 1031034 891380 1735286 1682099 2268411 2157055 117111360 119674659 22466123 22872367 94645237 96802292 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 1482033 3000 3808750 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. 489 LOANS OUTSTANDING. 1482033 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 7 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 333 N WASHINGTON DALLAS TX 752461754 THEODORE L DEAVER CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 KENNETH O COLEMAN CHAIRMAN/VICE CHAIR 2.00 X X 0 0 0 GAYLE M EARLS DIRECTOR 2.00 X 0 0 0 DAVID MCDANIEL DIRECTOR 2.00 X 0 0 0 WM GENE PAYNE DIRECTOR 2.00 X 0 0 0 PAM WESTBROOK DIRECTOR 2.00 X 0 0 0 RUSSELL SHELTON DIRECTOR 2.00 X 0 0 0 JJ GOMEZ DIRECTOR 2.00 X 0 0 0 FRANZE WALL DIRECTOR 2.00 X 0 0 0 PATRICK CRUMP VICE CHAIR/DIRECTOR 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 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 SCOTT ROBINSON DIRECTOR 2.00 X 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 40.00 X 164508 0 44279 BOB G GAGE SR VICE PRESIDENT 40.00 X 131499 0 36492 LANDON K YEAGER VP/FINANCE AND ADMINISTRATION/SECRETARY/TR 40.00 X 92111 0 11128 388118 0 91899 2 0 1 0 0 INTEREST REVENUE ON LO 900000 3941181 3941181 LATE FEES/NSF FEES 900000 17569 17569 3958750 19923 19923 39703 29222 10481 10481 10481 RESERVE FOR LOAN LOSS 900099 -150000 -150000 -150000 3839154 3808750 0 30404 3000 3000 490370 392884 97486 191382 161384 29998 51968 43822 8146 12825 10815 2010 41174 34720 6454 20045 20045 26021 24550 1471 23088 18855 4233 33361 31419 1942 13351 13351 567289 567289 30857 19021 11836 34707 28344 6363 MINISTRY DEVELOPMENT 87660 87660 DATA PROCESSING 31380 25628 5752 MISCELLANEOUS 23621 19291 4330 1682099 1482033 200066 0 4687218 5094662 5862684 4897047 229331 227188 106203387 109309683 36079 44643 218381 116945 92661 101436 117111360 119674659 242303 260369 22223820 22611998 22466123 22872367 X 0 0 0 0 0 0 94645237 96802292 117111360 119674659 2157055 0 X 0 1 X 1 0 X X X 0 0 0 BAPTIST GENERAL CONVENTION OF TEXAS 750904042 1 1 1 1 112859683 1 112859683 82389 228 1500 81117 81942 447 82389 81203 739 81942 80235 500 468 81203 79071 500 664 80235 0.40000 0.60000 0 0 218381 116945 101436 101436 3271865 0 3271865 567289 567289 3839154 1114810 0 1114810 567289 567289 1682099 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 567,289. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE ON NOTES PAYABLE 567,289. X X X X X 0 0 0 0 0 0 0 0 0 GERALD R JAMES JR PRESIDENT/CEO 155460 0 3885 0 5163 0 21764 0 22515 0 208787 0 0 0 BOB G GAGE SR VICE PRESIDENT 121615 0 3220 0 6664 0 13986 0 22506 0 167991 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 164808 FAIR MARKET VALUE