2024-11-12T11:21:57-06:00 2023-12-31 135565207 KPMG LLP 191 W NATIONWIDE BLVD STE 500 COLUMBUS OH 43215 990 2023-01-01 742471210 GREATER TEXAS SERVICES INC GREA 9797767597 6100 FOUNDATION PL DR BRYAN TX 77807 SUE MCMILLIN ASSISTANT VICE PRESIDENT 9797767597 2024-11-11 1 0 MOLLIE P LONGHOUSE P00294881 6142492300 2024-11-07 2023 2024-10-15 13:58:12Z SUE MCMILLIN 6100 FOUNDATION PL DR BRYAN TX 77807 2370315 0 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 0 8552 7301 0 0 1363957 1651420 377352 289158 0 0 1741309 1940578 1477912 30206 0 0 11385 14483 0 0 0 663644 710930 2152941 755619 -411632 1184959 36191519 33814691 10110262 5662836 26081257 28151855 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. 0 0 20706 20706 GTS PROVIDES NEED-BASED SCHOLARSHIP SUPPORT TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES IN THE STATE OF TEXAS FOR THE BENEFIT OF THEIR UNDERGRADUATE STUDENTS. 609077 1651420 GREATER TEXAS SERVICES SUPPORTS 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, 2023 WAS APPROXIMATELY $23,587,061. 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 2023 GTS DISTRIBUTED A NET OF $9,500 TO EDUCATIONAL ORGANIZATIONS TO PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 18 STUDENTS. 639283 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 4 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AMBER BASS 9797796100 6100 FOUNDATION PLACE DR BRYAN TX 77807 MR RALPH B RUSHING DIRECTOR 1.00 6.45 X 0 41000 0 DR DONALD THOMPSON DIRECTOR 1.00 2.45 X 0 37000 0 MR BILL YOUNGKIN DIRECTOR 1.00 0.87 X 0 37000 0 DR JOHN F MOSS DIRECTOR 1.00 2.49 X 0 33917 0 DR TERRY JONES PRESIDENT 1.00 1.17 X X 4000 33000 0 DR ALONZA SOSA DIRECTOR 1.00 1.64 X 0 37000 0 DR SAMUEL GILLESPIE DIRECTOR 1.00 4.57 X 0 37000 0 MR AD JAMES JR VICE PRESIDENT 1.00 2.09 X X 0 33000 0 MRS JUDY HOLT SECRETARY 1.00 0.63 X X 0 33000 0 SUE MCMILLIN ASST VICE PRES 1.00 40.00 X 0 340116 34517 4000 662033 34517 0 0 1 0 0 STUDENT LOANS 525990 1651420 1651420 1651420 239973 8552 231421 478922 429737 49185 49185 49185 1940578 1651420 8552 280606 X 30206 30206 4000 4000 10483 10483 9424 5666 3758 46813 46813 15174 15174 184918 184468 450 2832 2832 396048 396048 35697 35697 PROVISION FOR LOAN LOSS 11941 11980 -39 MEMBERSHIP DUES 8083 8083 755619 639283 116336 0 20051 14768 2345710 2163168 20823 19930 39605 39605 0 0 5477353 6320150 1606139 1709614 26521443 23587061 200000 0 36191519 33814691 153816 133554 1138412 799117 8818034 4730165 10110262 5662836 X 26035732 28110330 45525 41525 26081257 28151855 36191519 33814691 1184959 885639 0 X 0 1 X 1 0 X 2466600 1982272 1698942 1767855 1824765 9740434 2466600 1982272 1698942 1767855 1824765 9740434 0 0 0 9740434 376030 136773 105345 151995 239973 1010116 376030 136773 105345 151995 239973 1010116 2842630 2119045 1804287 1919850 2064738 10750550 0.90600 0.90770 0.09400 0.09230 X 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 $24 MILLION AS OF DECEMBER 31, 2023. 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 0 0 PAR FUND 1709614 F 1709614 STUDENT LOANS 22000108 F PROVISION FOR LOAN LOSS -117316 F STUDENT LOAN INT ACCRUED 1696487 F ST INTEREST RECEIVABLE 7782 F 23587061 1 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 PAUL QUINN COLLEGE 3837 SIMPSON STUART RD DALLAS TX 75241 741238438 509(A)(1) 25000 0 SUPPORT NEED BASED SCHOLARSHIPS TEXAS COLLEGE 2404 NORTH GRAND AVE TYLER TX 75702 750917417 509(A)(1) 40000 0 SUPPORT NEED BASED SCHOLARSHIPS SOUTHWESTERN CHRISTIAN COLLEGE PO BOX 10 TERRELL TX 75160 750891464 509(A)(1) 25000 0 SUPPORT NEED BASED SCHOLARSHIPS JARVIS CHRISTIAN COLLEGE HWY 80 E PR 7631 HAWKINS TX 75765 750995027 509(A)(1) 40000 0 SUPPORT NEED BASED SCHOLARSHIPS TEXAS SOUTHERN UNIVERSITY 3100 CLEBURNE STREET HOUSTON TX 77004 746001391 OTHER PUBLIC CHARITY 50000 0 SUPPORT NEED BASED SCHOLARSHIPS ST PHILIP'S COLLEGE 1801 MARTIN LUTHER KING DR SAN ANTONIO TX 78203 746002173 OTHER PUBLIC CHARITY 50000 0 SUPPORT NEED BASED SCHOLARSHIPS WILEY COLLEGE 711 WILEY AVE MARSHALL TX 75670 750818183 509(A)(1) 40000 0 SUPPORT NEED BASED SCHOLARSHIPS HUSTON-TILLOTSON UNIVERSITY 900 CHICON ST AUSTIN TX 78702 741180151 509(A)(1) 40000 0 SUPPORT NEED BASED SCHOLARSHIPS 9 PART I, LINE 2: * GRANTEES SUBMIT PERIODIC REPORTS REGARDING OUTCOMES AND MILESTONES. * STAFF ROUTINELY MAKES CONTACT WITH GRANTEES TO DISCUSS GRANT STATUS. * BOARD IS INFORMED OF ANY DEVIATIONS. 0 0 0 0 0 0 0 0 0 SUE MCMILLIN ASST VICE PRES 0 340116 0 0 0 0 0 33917 0 600 0 374633 0 0 LARRY HOLT SPOUSE OF JUDY HOLT 10483 LEGAL FEES 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES AN EXTERNAL FIRM (KPMG, LLP) EXPERIENCED IN THE PREPARATION AND REVIEW OF FORM 990S, TO PREPARE THE FORM 990 AND SIGN THE RETURN AS PAID PREPARER. THE FORM 990 IS REVIEWED BY THE ACCOUNTANT, CFO, AND ASSISTANT VICE PRESIDENT OF THE ORGANIZATION. 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 THE 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 15 GREATER TEXAS SERVICES (GTS) HAS NO EMPLOYEES. ALL OFFICER AND DIRECTORS ARE PAID BY GREATER TEXAS FOUNDATION (GTF), A RELATED ORGANIZATION. A SMALL RETAINER IS PAID TO THE PRESIDENT DIRECTLY BY GTS. ANY COMPENSATION IS DETERMINED SOLELY BY THE RELATED ORGANIZATION. THEREFORE, PART VI, SECTION B, QUESTION 15 IS NOT APPLICABLE TO GTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADMIN FEE/OTHER: PROGRAM SERVICE EXPENSES 34,540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,540. CUSTODIAN FEES: PROGRAM SERVICE EXPENSES 20,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 42,000. MANAGEMENT AND GENERAL EXPENSES 450. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,450. SERVICING FEES: PROGRAM SERVICE EXPENSES 87,928. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,928. GREATER TEXAS FOUNDATION 6100 FOUNDATION PLACE DR BRYAN TX 77807 742158821 EDUCATION TX 501(C)(3) PF GTS 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0