2011-03-22T14:48:22-05:00 2010-11-30 Rylander Clay & Opitz LLP 3200 Riverfront Drive Suite 200 Fort Worth TX 76107 990 2009-12-01 750457285 National Finance Credit Corporation of Texas NATI 8178824700 410 E Weatherford Street Fort Worth TX 76102 Kenneth K Leiber 8178824700 2011-03-07 1 Alison Williams 8173322301 2009 2016-02-24 21:20:13Z Kenneth K Leiber 410 E Weatherford Street Fort Worth TX 76102 5114874 0 X www.nationalfinance.org X 1930 DE Provide loans to livestock producers. 9 8 13 0 0 0 0 4098768 4665499 446891 397341 42000 49021 4587659 5111861 0 0 1582219 1663091 0 0 1499866 1777848 3082085 3440939 1505574 1670922 105367300 110919295 73965639 77880180 31401661 33039115 Provide loans to livestock producers. 0 0 3440939 4665499 Provide financing for livestock purchases and livestock operations. 3440939 0 0 0 0 0 0 0 0 1 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 1 0 0 1 65 0 1 13 0 0 0 0 0 0 9 8 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 1 1 0 X Kenneth K Leiber 8178824700 410 E Weatherford Fort Worth TX 76102 Leiber Kenneth K 40.00 X X 336330 0 44602 Mr Clay Birdwell 0.50 X 4500 0 0 Mr Crawford Edwards 0.50 X 4500 0 0 Mr Jon Means 0.50 X 4500 0 0 Mr Stanley Schaeffer 0.50 X 4500 0 0 Mr Robert Thigpen Jr 0.50 X 4500 0 0 Mr Richard C Traylor 0.50 X 6750 0 0 Mr W C Donnell 0.50 X 0 0 0 Mr Chris Lacy 0.50 X 200 0 0 Burrough Paul D 40.00 X 215008 0 44037 Denbow Seth 40.00 X 125688 0 23915 Harkrider John T 40.00 X 179956 0 39557 Lozano James 40.00 X 92975 0 16759 Roberts Jeana 40.00 X 51886 0 8435 White Albert 40.00 X 140945 0 34698 1172238 0 212003 5 0 1 0 0 Interest Income 522100 4665499 4665499 4665499 400254 400254 49021 49021 49021 49021 100 3013 -2913 -2913 -2913 5111861 4665499 0 446362 1321401 150368 30241 81356 79725 57001 25700 16389 3345 35848 6600 125211 17131 14261 1194541 69634 18698 Fieldman Expense 57431 Directors' Expense 49712 Bank Activity Charge 37198 Dues and Subscriptions 16469 Subsistence 16450 16229 3440939 1859791 110938 431734 520178 101018479 108159813 17203 26138 1229156 731841 533115 497315 1505253 1603188 1725 1725 105367300 110919295 616301 704657 18588000 24175000 30000000 26000000 24761338 27000523 73965639 77880180 X 836700 836700 0 0 30564961 32202415 31401661 33039115 105367300 110919295 X 0 1 1 X 0 400000 400000 384028 379320 4708 445128 352521 92607 497315 Subordinated Debt - Savings Certificates 27000523 27000523 5111861 3440939 1670922 -33468 -33468 1637454 5111861 0 5111861 0 5111861 3440939 0 3440939 0 3440939 Part X: Description of Uncertain Tax Positions Under FIN 48: On December 1, 2009, the Company adopted new accounting guidance requiring financial statement recognition and disclosure of uncertain tax positions taken or expected to be taken in a tax return. Financial statement recognition of a tax position is dependent on an assessment of a 50% or greater likelihood that the tax position will be sustained upon examination, based on the technical merits of the position. Interest and penalties, if any, related to uncertain tax positions would be recorded in the statement of operations as interest expense and general and administrative expenses, respectively. At the time of adoption (December 1, 2009) and as of November 30, 2010, management determined that the Company had taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the Company is no longer subject to federal and state income tax examination by tax authorities prior to 2007. Part XI, Line 8 - Other Adjustments: Common Stock Dividends Paid: -33468. X X X X 0 0 0 Leiber Kenneth K 251042 0 83425 0 1863 0 44050 0 552 0 380932 0 331925 0 Burrough Paul D 165872 0 49136 0 0 0 35930 0 8107 0 259045 0 215972 0 Harkrider John T 143348 0 36608 0 0 0 38217 0 1340 0 219513 0 175853 0 White Albert 111333 0 24642 0 4970 0 28738 0 5960 0 175643 0 140397 0 Part I, Line 5 Incentive Programs provide compensation based on attainment of targets net income as one of various other variables. Form 990, Part VI, Section A, line 6 Members or Stockholders: National Finance Credit Corporation of Texas is organized as a stock corporation. Form 990, Part VI, Section A, line 7a Election of governing body: The Board of Directors is elected by the shareholders. Form 990, Part VI, Section B, line 11 Review of Form 990: Prior to annual filing with the Internal Revenue Service, the IRS Form 990 will be distributed to the members of the Executive Committee of the Board of Directors of the organization for review and comment. Form 990, Part VI, Section B, line 12 Conflict of interest policy: National Finance Credit Corporation of Texas is in the process of developing an appropriate conflict of interest policy. Form 990, Part VI, Section B, line 15 Determination of Compensation: President Compensation Review Each year the Executive COmmittee of the Board of Directors shall review and set the compensation of the PResident. The compensation package will be reviewed periodically by an independent professional. The review shall include comparable data of salaries. Employee COmpensation Review The compensation of employees of the company shall be reviewed and set at least annually by the President. The Executive Commmittee of the Board of Directors shall provide guidance for compensation and benefits of other officers. THe Executive Committee shall also review and set any employee incentive or profit sharing plan annually. To ensure competitive and appropriate compensation of officers and employees, an independent compensation consultant and compensation surveys or studies should be utilized on a periodic basis. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: Availability of forms to the public: Governing documents and financial statements are made available to the public upon request. Part XI, Line 2c: The Organization has a committee that assumes responsibility for the oversight of the audit of the financial statements and selection of the independent accountant. This process has not changed in the past year. Texas Livestock Marketing Association PO Box 2145 Fort Worth TX 76113 750604940 Agricultural cooperative TX 521 n/a N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 Texas Livestock Marketing Association E 16750000 texas Livestock Marketing Association N 95729 texas Livestock Marketing Association Q 251546