2023-11-14T10:09:02-08:00 2022-12-31 135565207 KPMG 191 W NATIONWIDE BLVD STE 500 COLUMBUS OH 43215 990 2022-01-01 742471210 Greater Texas Services GREA 9797796100 6100 Foundation Place Dr Bryan TX 77807 Dr Terry Jones President 2023-11-14 true Dr Terry Jones 999009999 true MOLLIE P LONGHOUSE P00294881 6142492300 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Dr Terry Jones 6100 Foundation Place Dr Bryan TX 77807 2241147 false X N/A X 1987 TX GREATER TEXAS SERVICES' MISSION IS TO ENGAGE IN EDUCATIONAL ACTIVITIES FOR THE BENEFIT OF STUDENTS IN THE STATE OF TEXAS AND PROVIDE FUNDING TO ANY STUDENT THROUGH LOANS, SCHOLARSHIPS AND OTHER MEANS. 9 8 0 7551 6298 0 1026302 1363957 353713 377352 0 1380015 1741309 8500 1477912 0 8673 11385 0 0 530571 663644 547744 2152941 832271 -411632 42871339 36191519 14818854 10110262 28052485 26081257 X GREATER TEXAS SERVICES' MISSION IS TO ENGAGE IN EDUCATIONAL ACTIVITIES FOR THE BENEFIT OF STUDENTS IN THE STATE OF TEXAS AND PROVIDE FUNDING TO ANY STUDENT THROUGH LOANS, SCHOLARSHIPS AND OTHER MEANS. true false 1468412 1468412 GTS PROVIDES NEED-BASED SCHOLARSHIP SUPPORT TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES IN THE STATE OF TEXAS FOR THE BENEFIT OF THEIR UNDERGRADUATE STUDENTS. 562532 1363957 GREATER TEXAS SERVICES SUPPPORTS THE FINANCING OF EDUCATION BY PARTICIPATING IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM AS A DOWNSTREAM HOLDER OF STUDENT LOANS. THE TOTAL PORTFOLIO AS OF DECEMBER 31, 2022 WAS APPROXIMATELY $26,721,443. GTS PLANS TO HOLD THESE LOANS THROUGH THE BORROWERS' REPAYMENT CYCLE. 9500 9500 GTS AWARDS SCHOLARSHIPS TO HIGH SCHOOL GRADUATES SEEKING HIGHER EDUCATION. THROUGH ITS SCHOLARSHIP PROGRAMS IN 2022 GTS DISTRIBUTED A NET OF $9,500 TO EDUCATIONAL ORGANIZATIONS TO PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 17 STUDENTS. 2040444 true false false false false false false false false false true false true false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true true false false true 5 0 true 0 true true false false false false false false 0 false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true true false X Amber Bass 9797796100 6100 Foundation Place Dr Bryan TX 77807 Sue McMillin Asst Vice Pres 1.00 40.00 X 0 319968 32598 Mr Ralph B Rushing Director 1.00 7.79 X 0 41000 0 Dr Donald Thompson Director 1.00 1.89 X 0 37000 0 Mr Bill Youngkin Director 1.00 0.81 X 0 37000 0 Dr John F Moss Director 1.00 3.03 X 0 37000 0 Dr Terry Jones President 1.00 1.49 X X 4000 33000 0 Dr Alonzo Sosa Director 1.00 1.57 X 0 37000 0 Dr Samuel Gillespie Director 1.00 4.70 X 0 37000 0 Mr AD James Jr Vice President 1.00 2.02 X X 0 33000 0 Mrs Judy Holt Secretary 1.00 1.10 X X 0 33000 0 4000 644968 32598 0 false true false Nelnet Servicing 121 South 13th St Suite WF 400 Lincoln NE 68508 Loan Servicing 116917 1 0 Student Loans 525990 1363957 1363957 1363957 151995 7551 144444 0 0 0 725195 499838 225357 225357 225357 0 0 0 0 1741309 1363957 7551 369801 1477912 1477912 0 0 0 4000 4000 7385 7385 0 0 0 0 0 1716 1716 39801 39801 0 0 15163 15163 214619 213388 1231 0 0 0 0 0 0 0 0 301842 301842 0 0 36134 36134 Provision for Loan Loss 36302 36302 Membership Dues 11000 11000 Tax Expense 7000 7000 Other Expenses 67 67 0 2152941 2040444 112497 0 22046 20051 1829377 2345710 0 0 0 0 0 0 21257 20823 39605 39605 0 7259032 5477353 1828857 1606139 31910770 26521443 0 200000 42871339 36191519 113647 153816 1138412 14705207 8818034 14818854 10110262 X 28003460 26035732 49025 45525 28052485 26081257 42871339 36191519 X -411632 -1759596 200000 X false true X true false X 0 2784657 2466600 1982272 1698942 1767855 10700326 0 0 0 2784657 2466600 1982272 1698942 1767855 10700326 0 0 10700326 318196 376030 136773 105345 151995 1088339 0 318196 376030 136773 105345 151995 1088339 0 0 3102853 2842630 2119045 1804287 1919850 11788665 0.90770 0.92320 0.09230 0.07680 X Support Schedule: Additional Supplemental Information SCHEDULE A, PART I:GREATER TEXAS SERVICES, INC. ("GTS") WAS ORIGINALLY CLASSIFIED AS A "SUPPORTING ORGANIZATION" OF GREATER TEXAS FOUNDATION ("GTF") WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). HOWEVER, SINCE JANUARY 1, 2017, IN ACCORDANCE WITH ITS AMENDED ORGANIZATIONAL DOCUMENTS, GTS IS NO LONGER OPERATING AS A SUPPORTING ORGANIZATION TO GTF. GTS IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE BY (i)ENGAGING IN EDUCATIONAL ACTIVITIES FOR THE BENEFIT OF STUDENTS ATTENDING SCHOOL IN THE STATE OF TEXAS AND/OR STUDENTS WHO ARE RESIDENTS OF THE STATE OF TEXAS, (ii)PROVIDING EDUCATIONAL FUNDING TO ANY STUDENT THROUGH LOANS, SCHOLARSHIPS, AND OTHER MEANS, AND (iii)PERFORMING SUCH OTHER FUNCTIONS AS MAY BE NECESSARY OR APPROPRIATE TO FULFILL THE PURPOSES OF GTS. TO THAT END, IN ADDITION TO SUPPORTING EDUCATIONAL ACTIVITIES, SUCH AS MAKING GRANTS AND PROVIDING SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS AND STUDENTS IN THE STATE OF TEXAS, GTS OWNS A PORTFOLIO OF LOW-INTEREST STUDENT LOANS WITH A VALUE OF APPROXIMATELY $27 MILLION AS OF DECEMBER 31, 2022. ACCORDINGLY, BEGINNING WITH ITS TAX YEAR ENDED DECEMBER 31, 2017, GTS IS NO LONGER CLASSIFIED AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE, BUT RATHER IS CLASSIFIED AS A "PUBLIC CHARITY" DESCRIBED UNDER SECTION 509(A)(2) OF THE CODE. 39605 39605 Receivable - Limited Partnership Distrib 200000 F 26521443 true Huston-Tillotson University 900 Chicon St Austin TX 78702 741180151 509(a)(1) 35000 0 Support Need Based Scholarships Jarvis Christian College Hwy 80 E PR 7631 Hawkins TX 75765 750995027 509(a)(1) 35000 0 Support Need Based Scholarships Paul Quinn College 3837 Simpson Stuart Rd Dallas TX 75241 741238438 509(a)(1) 20000 0 Support Need Based Scholarships Prairie View A&M University PO Box 519 Mail Stop 1001 Prairie View TX 77446 746001078 Other Public Charity 50000 0 Support Need Based Scholarships Southwestern Christian Colleg PO Box 10 Terrell TX 75160 750891464 509(a)(1) 20000 0 Support Need Based Scholarships St Philips College 1801 Martin Luther King Dr San Antonio TX 78203 746002173 Other Public Charity 50000 0 Support Need Based Scholarships Texas College 2404 North Grand Ave Tyler TX 75702 750917417 509(a)(1) 35000 0 Support Need Based Scholarships Texas Southern University 3100 Cleburne St Houston TX 77004 746001391 Other Public Charity 50000 0 Support Need Based Scholarships Wiley College 711 Wiley Ave Marshall TX 75670 750818183 509(a)(1) 35000 0 Support Need Based Scholarships 9 0 Grantmaker's Description of How Grants are Used * Grantees submit periodic reports regarding outcomes and milestones.* Staff routinely makes contact with grantees to discuss grant status.* Board is informed of any deviations. false false false false false false false false false Sue McMillin Asst Vice Pres 319968 31998 600 352566 Form 990, Part III, Line 2 GTS PROVIDES NEED-BASED SCHOLARSHIP SUPPORT TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES IN THE STATE OF TEXAS FOR THE BENEFIT OF THEIR UNDERGRADUATE STUDENTS. Form 990, Part VI, Section A, Line 1a MRS. JUDY HOLT, DIRECTOR, IS CONSIDERED NOT INDEPENDENT FOR FORM 990 REPORTING PURPOSES DUE TO LEGAL FEES PAID BY GREATER TEXAS FOUNDATION, A RELATED ENTITY, TO HER SPOUSE, LARRY HOLT. Form 990, Part VI, Section B, Line 11b GENERAL STATEMENT 1THE FORM 990 IS PREPARED INTERNALLY BY THE CFO AND ACCOUNTANT AND REVIEWED BY THE ASSISTANT VICE PRESIDENT. THE ORGANIZATION ENGAGES AN EXTERNAL FIRM (KPMG, LLP) EXPERIENCED IN THE PREPARATION AND REVIEW OF FORM 990S, TO PERFORM A COMPLETE REVIEW OF THE INTERNALLY PREPARED FORM 990 AND SIGN THE RETURN AS PAID PREPARER. A COPY OF THE FORM 990 IS THEN PRESENTED TO THE BOARD FOR FINAL REVIEW, AND IF THERE ARE NO CHANGES, THE FORM 990 IS FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12c GENERAL STATEMENT 2THE DOCUMENTATION OF ANY CONFLICTS OF INTEREST ARE DISCLOSED DURING ALL GREATER TEXAS SERVICES BOARD MEETINGS AS THE FIRST ITEM ON THE AGENDA. THAT NOTWITHSTANDING, PER THE CONFLICTS OF INTEREST POLICY, IF THERE IS A POSSIBLE CONFLICT REGARDING AN INTERESTED PERSON (ALL DIRECTORS AND OFFICERS, COMMITTEE MEMBERS, ADVISORY COUNCIL MEMBERS, AND EMPLOYEES) IT MUST BE DISCLOSED AT THAT TIME TO THE BOARD PRESIDENT. Form 990, Part VI, Section B, Line 15b GENERAL STATEMENT 3GREATER TEXAS SERVICES DOES NOT HAVE ANY EMPLOYEES. ALL SERVICES ARE PROVIDED THROUGH THE OFFICERS AND EMPLOYEES OF GREATER TEXAS FOUNDATION, INC., A RELATED ENTITY (SEE SCHEDULE R). A SMALL RETAINER IS PAID TO THE PRESIDENT DIRECTLY BY GREATER TEXAS SERVICES AS NOTED ON THE FORM 990, PART VII. IN 2019, GREATER TEXAS FOUNDATION RETAINED THE SERVICES OF A THIRD PARTY COMPENSATION CONSULTANT TO REVIEW COMPENSATION BASED UPON NATIONAL BENCHMARK DATA FOR COMPARABLE ORGANIZATIONS. THE CONSULTANT CONDUCTED A REVIEW OF THE OFFICER AND EMPLOYEE COMPENSATION IN 2019. IN ADDITION,THE CONSULTANT CONDUCTED A REVIEW OF CURRENT AND PROJECTED COMPENSATION FOR BOARD MEMBERS. THE BOARD REVIEWED AND APPROVED CHANGES TO COMPENSATION BASED UPON THE RECOMMENDATION OF THE CONSULTANT, EFFECTIVE JANUARY 1,2020. THE PROCESS AND DISCUSSION WERE APPROPRIATELY DOCUMENTED IN THE MINUTES OF THE GREATER TEXAS FOUNDATION, INC. Form 990, Part VI, Section C, Line 19 GENERAL STATEMENT 4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Return of Capital - Partnership Distribution = $200000 Greater Texas Foundation 6100 Foundation Place Dr Bryan TX 77807 742158821 Education TX 501(c)(3) PF GTS true false false false false false false false false false false false false true false false false false false false