2024-10-18T20:04:56-04:00 2023-12-31 450491842 BLANKENSHIP CPA GROUP PLLC 101 WINNERS CIRCLE BRENTWOOD TN 37027 990 2023-01-01 466893524 BC PROPERTY TRUST UA DATED 71013 BCPR 6154284545 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 MICHAEL OMARTIAN CO-TRUSTEE 6154284545 2024-10-18 true true MIKE DUNN CPA P00038531 6153733771 2024-10-18 2023 2024-10-15 13:58:12Z MICHAEL OMARTIAN 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 7637 false X NONE X 2013 TN THE BC PROPERTY TRUST (THE "TRUST") WAS CREATED BY BETHEL WORLD OUTREACH CENTER, INC. ("BETHEL"). FOLLOWING THE TRUST'S FORMATION, BETHEL CONTRIBUTED TO THE TRUST A CHURCH LOCATED AT 1885 TINY TOWN ROAD, CLARKSVILLE, TN AND THE SURROUNDING REAL PROPERTY. THE TRUST THEN ENTERED INTO A LEASE AGREEMENT WITH BETHEL PURSUANT TO WHICH THE TRUST LEASED THE CLARKSVILLE CHURCH TO BETHEL. IN ADDITION TO ACTING AS BETHEL'S LANDLORD UNDER THE LEASE AGREEMENT, THE TRUST PLANS TO UTILIZE ANY OTHER ASSETS CONTRIBUTED TO OR OTHERWISE ACQUIRED BY THE TRUST TO SUPPORT BETHEL, ITS AFFILIATES, AND ANY OTHER CHRISTIAN, BIBLE-BELIEVING CHURCH OR RELIGIOUS ORGANIZATION THAT IS OPERATED AND ORGANIZED WITH AN EMPHASIS ON CHURCH PLANTING, EVANGELISM, AND WORLD MISSIONS. 3 3 0 0 1500 7637 0 0 0 1500 7637 0 0 0 0 0 39844 46055 39844 46055 -38344 -38418 599668 561250 0 599668 561250 X THE BC PROPERTY TRUST (THE "TRUST") WAS CREATED BY BETHEL WORLD OUTREACH CENTER, INC. ("BETHEL"). FOLLOWING THE TRUST'S FORMATION, BETHEL CONTRIBUTED TO THE TRUST A CHURCH LOCATED AT 1885 TINY TOWN ROAD, CLARKSVILLE, TN AND THE SURROUNDING REAL PROPERTY. THE TRUST THEN ENTERED INTO A LEASE AGREEMENT WITH BETHEL PURSUANT TO WHICH THE TRUST LEASED THE CLARKSVILLE CHURCH TO BETHEL. IN ADDITION TO ACTING AS BETHEL'S LANDLORD UNDER THE LEASE AGREEMENT, THE TRUST PLANS TO UTILIZE ANY OTHER ASSETS CONTRIBUTED TO OR OTHERWISE ACQUIRED BY THE TRUST TO SUPPORT BETHEL, ITS AFFILIATES, AND ANY OTHER CHRISTIAN, BIBLE-BELIEVING CHURCH OR RELIGIOUS ORGANIZATION THAT IS OPERATED AND ORGANIZED WITH AN EMPHASIS ON CHURCH PLANTING, EVANGELISM, AND WORLD MISSIONS. false false 38309 THE TRUST MAINTAINS A LEASE AGREEMENT WITH BETHEL WORLD OUTREACH CENTER, INC. PURSUANT TO WHICH THE TRUST LEASES THE CLARKSVILLE CHURCH TO BETHEL, FOR NOMINAL CONSIDERATION. IN ADDITION TO ACTING AS BETHEL'S LANDLORD UNDER THE LEASE AGREEMENT, THE TRUST UTILIZES ANY OTHER ASSETS CONTRIBUTED TO OR OTHERWISE ACQUIRED BY THE TRUST TO SUPPORT BETHEL, ITS AFFILIATES, AND ANY OTHER CHRISTIAN, BIBLE-BELIEVING CHURCH OR RELIGIOUS ORGANIZATION THAT IS OPERATED AND ORGANIZED WITH AN EMPHASIS ON CHURCH PLANTING, EVANGELISM, AND WORLD MISSIONS. 38309 true true false false false false false false false false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false false X 3 3 false false false false false true true true true false false true true false false false false false false false TN X BETHEL WORLD OUTREACH CENTER 6154284545 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 X TIMOTHY JOHNSON CO-TRUSTEE 0.25 0.50 X 0 0 0 RON LEWIS CO-TRUSTEE 0.25 0.50 X 0 0 0 MICHAEL OMARTIAN CO-TRUSTEE 0.25 0.50 X 0 0 0 false false false 7637 7637 7637 2287 2287 38309 38309 PROPERTY TAXES 5459 5459 46055 38309 7746 0 109 1023708 462458 599559 561250 599668 561250 0 0 X 599668 561250 599668 561250 599668 561250 -38418 X false true X false false X X 1 BETHEL WORLD OUTREACH CENTER INC 621199355 1 true 0 0 1 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77803 77803 945905 462458 483447 561250 FORM 990 - ORGANIZATION'S MISSION THE BC PROPERTY TRUST (THE "TRUST") WAS CREATED BY BETHEL WORLD OUTREACH CENTER, INC. ("BETHEL"). FOLLOWING THE TRUST'S FORMATION, BETHEL CONTRIBUTED TO THE TRUST A CHURCH LOCATED AT 1885 TINY TOWN ROAD, CLARKSVILLE, TN AND THE SURROUNDING REAL PROPERTY. THE TRUST THEN ENTERED INTO A LEASE AGREEMENT WITH BETHEL PURSUANT TO WHICH THE TRUST LEASED THE CLARKSVILLE CHURCH TO BETHEL. IN ADDITION TO ACTING AS BETHEL'S LANDLORD UNDER THE LEASE AGREEMENT, THE TRUST PLANS TO UTILIZE ANY OTHER ASSETS CONTRIBUTED TO OR OTHERWISE ACQUIRED BY THE TRUST TO SUPPORT BETHEL, ITS AFFILIATES, AND ANY OTHER CHRISTIAN, BIBLE-BELIEVING CHURCH OR RELIGIOUS ORGANIZATION THAT IS OPERATED AND ORGANIZED WITH AN EMPHASIS ON CHURCH PLANTING, EVANGELISM, AND WORLD MISSIONS. FORM 990, PAGE 6, PART VI, LINE 7A PURSUANT TO THE BC PROPERTY TRUST AGREEMENT, BETHEL HAS THE RIGHT TO APPOINT ONE OR MORE INDIVIDUALS OR A CORPORATE FIDUCIARY TO SERVE AS AN ADDITIONAL OR SUCCESSOR TRUSTEE OF THE BC PROPERTY TRUST. IF BETHEL FAILS TO APPOINT A SUCCESSOR TRUSTEE AFTER A TRUSTEE RESIGNS OR CEASES TO SERVE FOR ANY REASON, THE TRUST PROTECTOR MAY APPOINT ANY INDIVIDUAL OR CORPORATE FIDUCIARY TO SERVE AS SUCCESSOR TRUSTEE. THERE IS CURRENTLY NO TRUST PROTECTOR APPOINTED FOR THE BC PROPERTY TRUST; HOWEVER, THE BISHOP AND SENIOR PASTOR OF BETHEL, ACTING IN UNANIMITY, MAY APPOINT A TRUST PROTECTOR AT ANY TIME. FORM 990, PAGE 6, PART VI, LINE 7B PURSUANT TO THE BC PROPERTY TRUST AGREEMENT, BETHEL HAS THE RIGHT TO REMOVE ANY TRUSTEE OF THE BC PROPERTY TRUST AT ANY TIME. IN ADDITION, THE BISHOP AND SENIOR PASTOR OF BETHEL, ACTING IN UNANIMITY, HAVE THE RIGHT TO VETO ANY DISTRIBUTION(S) BY THE TRUSTEES OF THE BC PROPERTY TRUST TO ANY BENEFICIARY OF THE TRUST OTHER THAN BETHEL, AND THEY ALSO HAVE THE RIGHT, ACTING IN UNANIMITY, TO APPOINT THE INCOME AND PRINCIPAL OF THE BC PROPERTY TRUST TO ANY ONE OR MORE CHRISTIAN, BIBLE-BELIEVING CHURCH OR RELIGIOUS ORGANIZATION THAT IS OPERATED AND ORGANIZED WITH AN EMPHASIS ON CHURCH PLANTING, EVANGELISM, AND WORLD MISSIONS, PROVIDED SUCH RELIGIOUS ORGANIZATION(S) MUST QUALIFY AS A PUBLIC CHARITY UNDER CODE SECTIONS 501 (C)(3) AND 509(A). FORM 990, PAGE 6, PART VI, LINE 11B CO-TRUSTEES WILL REVIEW THE RETURN. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. BETHEL WORLD OUTREACH CENTER INC 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 621199355 CHURCH TN 501C3 1 N/A false BB PROPERTY TRUST UA DTD 7-10-13 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 466900012 SUPPORT TN 501C3 12A N/A false BF PROPERTY TRUST UA DTD 7-10-13 5670 GRANNY WHITE PIKE BRENTWOOD TN 37027 466894266 SUPPORT TN 501C3 12A N/A false false false true false false false false false false false false false false false false false false false false BETHEL WORLD OUTREACH CENTER INC C 7637 CASH & NON-CASH