2012-11-12T13:23:57-06:00 2012-06-30 750807999 SPROLES WOODARD LLP 777 MAIN STREET SUITE 3250 FORT WORTH TX 761025304 990 2011-07-01 751439170 BAPTIST CHURCH LOAN CORPORATION BAPT 2148285140 333 N WASHINGTON DALLAS TX 75246 LANDON K YEAGER 2148285146 2012-10-24 1 ROBERT W DUKE P00151313 8173321328 2011 2016-02-24 21:20:13Z LANDON K YEAGER 333 NORTH WASHINGTON AVE DALLAS TX 75246 4290828 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 20000 4016018 4248689 47457 44745 -135000 -42898 3928475 4270536 0 24000 0 0 670519 658749 0 0 0 1107447 1174561 1777966 1857310 2150509 2413226 118630747 119243820 28667147 26866994 89963600 92376826 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 1658190 24000 4205791 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. 519 LOANS OUTSTANDING. 1658190 1 1 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 8 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 PAM WESTBROOK 2.00 X X 0 0 0 THEODORE L DEAVER 2.00 X X 0 0 0 BRUCE W BOWLES 2.00 X 0 0 0 KENNETH O COLEMAN 2.00 X 0 0 0 GAYLE M EARLS 2.00 X 0 0 0 STAN GILL 2.00 X 0 0 0 DAVID MCDANIEL 2.00 X 0 0 0 WM GENE PAYNE 2.00 X 0 0 0 PHILIP K PRICE 2.00 X 0 0 0 RUSSELL SHELTON 2.00 X 0 0 0 JJ GOMEZ 2.00 X 0 0 0 FRANZE WALL 2.00 X 0 0 0 GERALD R JAMES JR 40.00 X 154284 0 42064 BOB G GAGE 40.00 X 121474 0 34566 LANDON K YEAGER 40.00 X 84445 0 14754 360203 0 91384 2 0 1 0 0 20000 20000 INTEREST REVENUE ON LO 900000 4240184 4240184 LATE FEES/NSF FEES 900000 8505 8505 4248689 33537 33537 31500 20292 11208 11208 11208 RESERVE FOR LOAN LOSS 900099 -42898 -42898 -42898 4270536 4205791 0 44745 24000 24000 448101 357584 90517 162513 136162 26351 -3039 -2546 -493 14838 12432 2406 36336 30444 5892 39108 39108 43681 41627 2054 23088 18855 4233 26132 22807 3325 26683 26683 843340 843340 29576 17975 11601 33920 27702 6218 MINISTRY DEVELOPMENT 65897 65897 DATA PROCESSING 26707 21811 4896 MISCELLANEOUS 16429 13417 3012 1857310 1658190 199120 0 1283642 3442783 4802592 7335339 215615 250768 112169768 108058333 32982 35192 213117 91712 102148 121405 24000 118630747 119243820 284774 254932 28382373 26612062 28667147 26866994 X 0 0 0 0 0 0 89963600 92376826 118630747 119243820 2413226 0 X 0 1 1 X 0 X X X 0 0 0 BAPTIST GENERAL CONVENTION OF TEXAS 750904042 1 1 1 1 111458333 1 111458333 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81203 739 81942 80235 500 468 81203 79071 500 664 80235 79071 79071 0.40000 0.60000 0 0 213117 91712 121405 121405 4270536 1857310 2413226 2413226 3427196 0 3427196 843340 843340 4270536 1013970 0 1013970 843340 843340 1857310 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. NO GRANTS WERE DISTRIBUTED FROM THE FUND DURING THE FISCAL YEAR ENDED 06/30/12. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE ON NOTES PAYABLE 843,340. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE ON NOTES PAYABLE 843,340. 0 SOUTHERN DALLAS DEVELOPMENT CORPORATION 400 S ZANG BLVD STE 1210 DALLAS TX 75208 751984002 501( C)(3) 24000 BOOK VACANT LAND COMMUNITY DEVELOPMENT AND IMPROVEMENT 1 X X X X X 0 0 0 0 0 0 0 0 0 GERALD R JAMES JR 145800 0 2625 0 5859 0 18954 0 23110 0 196348 0 0 0 BOB G GAGE 114000 0 2075 0 5399 0 12540 0 22026 0 156040 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 1 0 0 0 0 1 0 0 0 BAPTIST GENERAL CONVENTION OF TEXAS J 30648 FAIR MARKET VALUE BAPTIST GENERAL CONVENTION OF TEXAS O 153143 FAIR MARKET VALUE