ETX SUCCESSOR SYSTEM: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ETX SUCCESSOR SYSTEM (EIN 75-1803327)
- Tax period
- 2018-11-01 to 2019-10-31
- Filed
- 2020-02-07
- IRS object ID
- 202010389349100301
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-07T07:03:10-08:00 | ReturnTs |
| Tax Period End | 2019-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752147296 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gollob Morgan Peddy PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 ESE Loop 323 Ste 300 | AddressLine1Txt |
| City | Tyler | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 757019609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 751803327 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ETX Successor System | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ETXS | BusinessNameControlTxt |
| Phone | 9035318010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 131000 | AddressLine1Txt |
| City | Tyler | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75713 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Byron Hale | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2020-02-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kristen L Gusa | PreparerPersonNm |
| PTIN | P00246406 | PTIN |
| Phone | 9035340088 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return Former Pub Chrty | Yes (X) | InitialReturnFormerPubChrtyInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $67,532,730 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $454,973 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $328,064 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $328,064 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,308,967 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,308,967 | DividendsNetInvstIncmAmt |
| Other Income Rev And Expnss | -$538,973 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $1,553,031 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,637,031 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $208,333 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $185,357 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $23,638 | PensionEmplBnftRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $2,282,931 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $240,179 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $412,431 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,795 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $18,750 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $31,152 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $1,284 | OccupancyRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $35,403 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $3,420,708 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $92,795 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $18,750 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,420,708 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $92,795 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $18,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,867,677 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,544,236 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $96,129,486 | CashBOYAmt |
| Cash EOY | $16,056,969 | CashEOYAmt |
| Cash EOYFMV | $16,056,969 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,758,449 | SavAndTempCashInvstBOYAmt |
| Acct Rcvbl | $550,770 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,922,623 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $550,770 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $550,770 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $40,848 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $40,848 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock EOY | $2,326,995 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,326,995 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,524,774 | CorporateBondsBOYAmt |
| Other Investments BOY | $336,508 | OtherInvestmentsBOYAmt |
| Other Investments EOY | -$137,722 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $300,000 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $57,178,712 | OtherAssetsBOYAmt |
| Other Assets EOY | $48,257,148 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $48,257,148 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $166,850,552 | TotalAssetsBOYAmt |
| Total Assets EOY | $67,095,008 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $67,532,730 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $862,256 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $226,074 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $18,575,274 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $19,437,530 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $226,074 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $147,413,022 | UnrestrictedBOYAmt |
| Unrestricted EOY | $66,868,934 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $147,413,022 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $66,868,934 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $166,850,552 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $67,095,008 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $147,413,022 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,867,677 | ExcessRevenueOverExpensesAmt |
| Other Increases | $39,130,823 | OtherIncreasesAmt |
| Subtotal | $184,676,168 | SubtotalAmt |
| Other Decreases | $117,807,234 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $66,868,934 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,885 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $30,885 | SubtotalAmt |
| Tax Based On Investment Income | $30,885 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $72,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $72,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $267 | EsPenaltyAmt |
| Overpayment | $40,848 | OverpaymentAmt |
| Applied To ES Tax | $40,848 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Byron Hale | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9038711285 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 131000 | AddressLine1Txt |
| City | Tyler | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75713 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Elmer G Ellis | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Director | 2.00 | $0 |
| Byron Hale | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Secretary/Treas | 40.00 | $208,333 |
| Rocky Gill | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Vice President | 2.00 | $0 |
| Steve Roosth | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Director | 2.00 | $0 |
| Paul Detwiler MD | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Director | 2.00 | $0 |
| Elam Swann | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | President | 2.00 | $0 |
| Stephen Rydzak MD | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Director | 2.00 | $0 |
| Tom Woldert | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | Director | 2.00 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Freddie Sanchez | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 Troup Highway Ste 250 | AddressLine1Txt |
| City | Tyler | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | CEO FCMS | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $185,357 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Adams & Coker PC | |||||
| 4540 Kinsey Drive | Tyler | TX | 75703 | Legal Services | $296,064 |
| Bracewell LLP | |||||
| 1445 Ross Avenue Suite 3800 | Dallas | TX | 75202 | Legal Services | $319,341 |
| Morgan Lewis & Bockius LP | |||||
| 1717 Main St Suite 3200 | Dallas | TX | 75201 | Legal Services | $327,187 |
| The Morrison Law Firm | |||||
| 120 E Corsicana Street | Athens | TX | 75751 | Legal Services | $964,107 |
| Ashcraft Law Firm | |||||
| 325 North St Paul Street 3900 | Dallas | TX | 75201 | Legal Services | $304,744 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 3 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,799,559 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $59,750,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,530,773 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $67,080,987 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $67,080,987 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,006,215 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $66,074,772 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,303,739 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,303,739 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,885 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,885 | TotalTaxAmt |
| Distributable Before Adj | $3,272,854 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,272,854 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,272,854 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $18,750 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $18,750 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $18,750 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,272,854 | DistributableAsAdjustedAmt |
| Qualifying Distributions | $18,750 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $18,750 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $3,254,104 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $328,064 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,308,967 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Ordinary Business Income | Desc |
| Business | 531390 | BusinessCd |
| Unrelated Business Taxbl Incm | -$538,973 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$538,973 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,637,031 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,098,058 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Dr Edgar H Vaughn Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1501 | AddressLine1Txt |
| City | Pennington | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 085341501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $454,973 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $240,179 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | ETX Successor Regional Health Services | StockNm |
| EOY Book Value | $2,326,995 | EOYBookValueAmt |
| EOYFMV | $2,326,995 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Center at Grande (EIN 81-2138262) | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $137,722 | BookValueAmt |
| EOYFMV | $300,000 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $2,282,931 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp (13 entries)
| Loan OriginalLoanOriginalAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc |
|---|---|---|---|---|---|---|---|
| Southside Bank 83941 | |||||||
| FSB Athens - GBC Project | |||||||
| Southside Bank 142596 | |||||||
| Austin Bank - Whse Rusk | |||||||
| Southside Bank 158945 | |||||||
| Southside Bank - Lake Palestin | |||||||
| Austin Bank 1211004569 | |||||||
| $7,738,200 | 2011-08 | 2016-08 | 60 months | 6.0000 | 56 Ambulances, 5 GMC Yuikons, | Paramedics Plus CA Equipment | 56 Ambulances, 5 GMC Yuikons, |
| CISCO | |||||||
| $1,614,110 | 2013-02 | 2016-02 | 36 months | Telecommunication IT Equipment | Telecommunication IT Equipment | Telecommunication IT Equipment | |
| CISCO | |||||||
| $321,644 | 2013-05 | 2016-05 | 36 months | Telecommunication IT Equipment | Telecommunication IT Equipment | Telecommunication IT Equipment | |
| PNC | |||||||
| $2,087,776 | 2013-03 | 2016-04 | 36 months | 3.5400 | Interest in Software | Software | Interest in Software |
| Capital One | |||||||
| $4,244,774 | 2013-11 | 2023-11 | 120 Months | 2.8500 | Interest in Tyler Hospital | Redo Electrical infrastructor | Interest in Tyler Hospital |
| Austin Bank - PMP 1915005137 | |||||||
| $1,998,651 | 2015-04 | 2020-07 | 60 Months | 3.8500 | Security Interest in S.D. Asse | Purchase assets to start S.D. | Security Interest in S.D. Asse |
| Austin Bank - PMP 1915013601 | |||||||
| $2,137,753 | 2015-09 | 2020-11 | 60 Months | 3.8500 | Security Interest in FL Assets | Stretchers and Ambulances | Security Interest in FL Assets |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Due From Outside Entities | $843,665 | $312,160 | $312,160 |
| Indemnification Escrow | $47,635,212 | $47,944,988 | $47,944,988 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Adjustment for corpus of former subsidiary | $98,952,917 |
| Adjustment for investment in subsidiary | $18,854,317 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Insurance | $30,900 |
| Meals | $2,767 |
| Supplies | $1,736 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Ordinary Business Income | Desc |
| Revenue And Expenses Per Books | -$538,973 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Adjustment related to intercompany note balance | $22,653,992 |
| Prior Period Activity of Former Subsidiaries | $16,412,175 |
| Prior Period Adjustment in Basis of Investment | $64,656 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Consulting Fees | $309,636 | $0 | $0 | $18,750 |
| Investment Management Fees | $92,795 | $92,795 | $0 | $0 |
| Management Fees | $10,000 | $0 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Tax Paid | CategoryTxt |
| Amt | $31,152 | Amt |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| ETX Successor Reg Health Services | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | 751925036 | Received payment on loan balance | $2,000,000 |
| ETMC Foundation | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | 752695524 | Cash transfer received as reimbursement of expenses paid on ETMC Foundation's behalf | $19,448 |
| ETMC Foundation | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | 752695524 | Transfer of cash donation received from Dr. Edgar H Vaughn Trust (75-6008962) deposited at ETMC Foun | $454,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,474,421 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| ETMC Foundation | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | 752695524 | Transfer of Accounts Receivables - Establish Corpus | $3,988,924 |
| ETMC Foundation | ||||||
| PO BOX 131000 | Tyler | TX | 75713 | 752695524 | Transfer of Cash - Establish Corpus | $94,963,993 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,952,917 | TotalAmt |