Nonprofit · EIN 75-6005282
BAPTIST MISSIONARY LOAN ASSOCIATION
Tax-exempt · WAXAHACHIE, TX 75168
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,116,611 | $710,134 | $406,477 | $17,625,434 | $15,419,672 | $2,205,762 |
| December 31, 2024 | 990 | $1,027,592 | $778,732 | $248,860 | $17,011,988 | $15,212,703 | $1,799,285 |
| December 31, 2023 | 990 | $1,124,503 | $709,456 | $415,047 | $16,976,807 | $15,426,382 | $1,550,425 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $23,304
- Program service revenue
- $372,794
- Investment income
- $720,513
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $59,894
- Other salaries and wages
- $68,144
- Salaries, compensation and benefits (total)
- $161,165
- Professional fundraising fees
- $0
- Accounting fees
- $12,451
- Occupancy
- $16,780
- Travel
- $646
- Program services (functional)
- $674,319
- Management and general (functional)
- $35,815
Balance sheet and other
- Total assets, start of year
- $17,011,988
- Total assets, end of year
- $17,625,434
- Total liabilities, end of year
- $15,419,672
- Net assets, end of year
- $2,205,762
- Publicly traded securities
- $9,665,831
- Net assets without donor restrictions
- $2,105,762
- Net assets with donor restrictions
- $100,000
- Gross receipts
- $1,116,611
- Employees
- 3
- Year formed
- 1952
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GERALD FULTON | Director Officer | 30 | $83,108 | $30,907 |
| CHRISTA WILLIAMS | Trustee Trustee or director | 1 | $0 | $0 |
| WAYNE SPEIR | Trustee Trustee or director | 1 | $0 | $0 |
| CHARLES ATTEBERY | Trustee Trustee or director | 1 | $0 | $0 |
| LARRY ELLIOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CAROL TAYLOR | Trustee Trustee or director | 1 | $0 | $0 |
| DON MARTIN | Trustee Trustee or director | 1 | $0 | $0 |
| JASON COLLINS | Trustee Trustee or director | 1 | $0 | $0 |
| PHIL KNOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CHARLES TURNER | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GERALD FULTON | Director Officer | 20 | $71,742 | $59,747 |
| CHRISTA WILLIAMS | Trustee Trustee or director | 1 | $0 | $0 |
| WAYNE SPEIR | Trustee Trustee or director | 1 | $0 | $0 |
| CHARLES ATTEBERY | Trustee Trustee or director | 1 | $0 | $0 |
| LARRY ELLIOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CAROL TAYLOR | Trustee Trustee or director | 1 | $0 | $0 |
| DON MARTIN | Trustee Trustee or director | 1 | $0 | $0 |
| MIKE CHISM | Trustee Trustee or director | 1 | $0 | $0 |
| PHIL KNOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CHARLES TURNER | Trustee Trustee or director | 1 | $0 | $0 |
| TOM MAYES | Trustee Trustee or director | 1 | $0 | $0 |
| DANNY VAUGHN | Trustee Trustee or director | 1 | $0 | $0 |
| JERRY DON SANDERS | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GERALD FULTON | Director Officer | 20 | $65,930 | $55,627 |
| CHRISTA WILLIAMS | Trustee Trustee or director | 1 | $0 | $0 |
| REX COULTER | Trustee Trustee or director | 1 | $0 | $0 |
| WAYNE SPEIR | Trustee Trustee or director | 1 | $0 | $0 |
| RICK CUNDIEFF | Trustee Trustee or director | 1 | $0 | $0 |
| LARRY ELLIOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CAROL TAYLOR | Trustee Trustee or director | 1 | $0 | $0 |
| DON MARTIN | Trustee Trustee or director | 1 | $0 | $0 |
| MIKE CHISM | Trustee Trustee or director | 1 | $0 | $0 |
| PHIL KNOTT | Trustee Trustee or director | 1 | $0 | $0 |
| CHARLES TURNER | Trustee Trustee or director | 1 | $0 | $0 |
| TOM MAYES | Trustee Trustee or director | 1 | $0 | $0 |
| DANNY VAUGHN | Trustee Trustee or director | 1 | $0 | $0 |
| JERRY DON SANDERS | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 425, WAXAHACHIE, TX 75168-0425
- Signed the 990
- GERALD FULTON, Director
- Phone
- (972) 923-0758
- Return prepared by
- MCPA PC
Mission
THE BAPTIST MISSIONARY LOAN ASSOCIATION COOPERATES WITH BMA CHURCHES OF TEXAS TO MAKE LOANS TO NEW CHURCH PLANTS AND ESTABLISHED CHURCHES FOR PURCHASING PROPERTY AND BUILDING NEW BUILDINGS AND TO HELP MISSION CHURCHES HAVE A HEALTHY START.
Program accomplishments
- Providing low interest loans to assist the Baptist Missionary Association of Texas to finance church properties at below market rates or to make financing available when credit is not available commercially.Expenses $674,319
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-6005282
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X120)
- Assets (IRS master file)
- $17,625,434
- Income (IRS master file)
- $1,116,611
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,116,611 | $710,134 | $17,625,434 | XML |
| 990 | December 2024 | $1,027,592 | $778,732 | $17,011,988 | XML |
| 990 | December 2023 | $1,124,503 | $709,456 | $16,976,807 | XML |
| 990 | December 2022 | $710,852 | $642,911 | $19,801,107 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-6005282).
Questions about BAPTIST MISSIONARY LOAN ASSOCIATION
- What is the EIN of BAPTIST MISSIONARY LOAN ASSOCIATION?
- The employer identification number (EIN) of BAPTIST MISSIONARY LOAN ASSOCIATION is 75-6005282.
- Is BAPTIST MISSIONARY LOAN ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to BAPTIST MISSIONARY LOAN ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BAPTIST MISSIONARY LOAN ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAPTIST MISSIONARY LOAN ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAPTIST MISSIONARY LOAN ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of BAPTIST MISSIONARY LOAN ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $83,108 (GERALD FULTON, Director).
- How much revenue does BAPTIST MISSIONARY LOAN ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,116,611, expenses of $710,134 and total assets of $17,625,434 at year end.
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