2024-11-07T08:14:53-06:00 2023-12-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2023-01-01 475549155 COMMUNITY LOAN CENTER OF THE HEART OF TE OF TEXAS COMM 2547521647 922 FRANKLIN AVE WACO TX 76701 DELISA BURNELL-SMITH CHAIRMAN 2547521647 2024-11-06 1 1 NANCY A LIVINGSTON P00044678 2547764190 2024-11-01 2023 2024-10-15 13:58:12Z DELISA BURNELL-SMITH 922 FRANKLIN WACO TX 76701 121729 0 X WWW.CLCHOT.ORG X 2015 TX TO OFFER INNOVATIVE LOANS THAT PROMOTE ENHANCED QUALITY OF LIFE OF LOW-TO-MODERATE INCOME PERSONS BY PROVIDING AN ALTERNATE SOURCE OF LOANS AWAY FROM LOCAL PAYDAY AND AUTO TITLE LENDERS WITH HIGH INTEREST RATES AND FEES. 16 16 0 0 0 0 0 0 111669 121727 0 0 3 2 111672 121729 0 0 0 0 0 0 0 0 0 128224 144978 128224 144978 -16552 -23249 611167 644830 423722 480634 187445 164196 TO OFFER INNOVATIVE LOANS THAT PROMOTE ENHANCED QUALITY OF LIFE OF LOW-TO-MODERATE INCOME PERSONS BY PROVIDING AN ALTERNATE SOURCE OF LOANS AWAY FROM LOCAL PAYDAY AND AUTO TITLE LENDERS WITH HIGH INTEREST RATES AND FEES. 0 0 134919 121729 TO OFFER INNOVATIVE LOANS THAT PROMOTE ENHANCED QUALITY OF LIFE OF LOW-TO-MODERATE INCOME PERSONS BY PROVIDING AN ALTERNATE SOURCE OF LOANS AWAY FROM LOCAL PAYDAY AND AUTO TITLE LENDERS WITH HIGH INTEREST RATES AND FEES. 134919 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X THE ORGANIZATION 2547537337 922 FRANKLIN WACO TX 76701 X DELISA BURNELL-SMITH CHAIR- NOV 1 1.00 X X 0 0 0 LINDA WEAVER SECRETARY-NOV 1 1.00 X X 0 0 0 CHRIS GUTIERREZ VICE CHAIR-NOV 1 1.00 X X 0 0 0 KAREN SAUCEDO TREASURER-NOV 1 1.00 X X 0 0 0 ELTON HALL DIRECTOR 1.00 X 0 0 0 DELFINA VELASQUEZ DIRECTOR 1.00 X 0 0 0 PAT NOWATNY DIRECTOR 1.00 X 0 0 0 SCOTT WILLIAMS DIRECTOR 1.00 X 0 0 0 CONNIE LOZANO DIRECTOR 1.00 X 0 0 0 JEAN ANN HOOVER DIRECTOR 1.00 X 0 0 0 OSCAR CHOMBO DIRECTOR 1.00 X 0 0 0 PAT HAMBRICK DIRECTOR 1.00 X 0 0 0 PHILLIP PRINCE DIRECTOR 1.00 X 0 0 0 JOEY DINGRANDO DIRECTOR 1.00 X 0 0 0 JOHN BOGGS DIIRECTOR 1.00 X 0 0 0 JIM SMITH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 LOAN INTEREST INCOME 522291 93887 93887 LOAN ADMIN FEES 522291 22100 22100 NSF FEES & LATE CHARGE 522291 5740 5740 121727 MISCELLANEOUS INCOME 900099 2 2 2 121729 121729 0 0 X 69573 59963 9610 1734 1561 173 11718 11718 2758 2482 276 BAD DEBT 59195 59195 144978 134919 10059 0 89348 53396 521819 591434 611167 644830 7055 5634 416667 475000 423722 480634 X 187445 164196 187445 164196 611167 644830 -23249 0 X X 0 0 0 X 126658 113158 106305 111669 121727 579517 126658 113158 106305 111669 121727 579517 0 0 0 579517 100003 3 2 100008 126658 113158 206308 111672 121729 679525 0.85280 0.85590 0.00000 X 0 NOTE DUE TO RGV 300000 NOTE DUE TO AMERICAN BANK 175000 475000 X 121729 0 121729 0 121729 144978 0 144978 0 144978 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THESE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE ORGANIZATION RECORDS INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN MANAGEMENT AND GENERAL EXPENSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SERVICING FEES: PROGRAM SERVICE EXPENSES 31,413. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,413. ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 28,550. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,550. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,610. FORM 990, PART XI, LINE 2C: PROCESS FOR OVERSIGHT OF FINANCIAL AUDIT THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR