Baptist Church Loan Corporation

The information on this page was last updated 1/11/2023. If you see errors or omissions, please email: [email protected]


We help churches make good financial decisions. BCLC has been serving Baptist and like-minded churches through the ministry of finance for over 60 years. Our loan products give our customers the opportunity to have efficient and affordable church real estate loan options.

100% of BCLC's net interest proceeds are placed into BCLC's permanent fund, which is then used to lend to more churches, all around the nation.

Contact information

Mailing address:
Baptist Church Loan Corporation
8333 Douglas Ave
Suite 1460
Dallas, TX 75225


Phone: (844) 273-7713

Email: [email protected]

Organization details

EIN: 751439170

CEO/President: Gerald R. James, Jr.

Chairman: Gary Miller

Board size: 12


Ruling year: 1959

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2013


BCLC's vision is to glorify God through our service to His churches. BCLC has been providing churches with loans for the following purposes for nearly 70 years:

New Construction - We offer interest-only payments during construction and guidance regarding the ins and outs of the construction process.

Remodel Projects - Renovations are vital in keeping churches relevant and adaptive. BCLC funds various types of remodeling projects, from roof replacements to sanctuary overhauls.

Loan Refinancing - Whether your church is seeking to refinance on its own accord or your existing lender is requiring a refinance, BCLC would be glad to review an appliation and share about our loan projects.

Property Purchases - We support both raw land purchases and existing building purchases.

BCLC's Mission Priorities: To focus on the long term spiritual and financial health of each church we consult. To provide our churches with straightforward terms, rate options, and underwriting guidelines. To serve as many churches as feasible, regardless of their size, longevity, or ethnicity.

Mission statement

BCLC's mission is to assist churches in their efforts to spread the gospel by providing affordable real estate related loans.

Statement of faith

We believe the Bible to be the inspired, infallible and authoritative word of God.

We believe in one God who exists eternally as Father, Son and Holy Spirit.

We believe in the full deity and the full humanity of Jesus Christ. We believe that eternal salvation and restored relationships are only possible through faith in Jesus Christ who died for us, rose from the dead, and is coming again. This salvation is offered to all people.

We believe that the church was instituted by Jesus Christ to be the people of God and is made up of all true believers regardless of race, gender, age or station in life.

We believe in the autonomy of the local church and the priesthood of all believers.

BCLC seeks to support and serve mission minded Baptist and non-Baptist churches who share these same affirmations of faith.

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating902 of 109626 of 35
Fund acquisition rating495 of 109817 of 35
Resource allocation rating718 of 109821 of 35
Asset utilization rating1092 of 109635 of 35

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Balance sheet
Receivables, inventories, prepaids$432,915$438,259$504,054$524,909$485,170
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$12,063,261$9,273,380$6,614,230$2,604,084$4,468,458
Long-term investments$10,140,083$10,120,559$5,094,000$1,022,712$1,000,000
Fixed assets$232,893$148,367$130,539$119,404$142,320
Other long-term assets$129,044,500$140,126,846$163,892,597$170,077,365$168,890,437
Total long-term assets$139,417,476$150,395,772$169,117,136$171,219,481$170,032,757
Total assets$151,480,737$159,669,152$175,731,366$173,823,565$174,501,215
Payables and accrued expenses$288,753$387,892$406,572$586,751$922,021
Other current liabilities$0$0$0$0$0
Total current liabilities$288,753$387,892$406,572$586,751$922,021
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$33,426,746$44,623,218$63,313,651$63,824,495$67,227,320
Total liabilities$33,715,499$45,011,110$63,720,223$64,411,246$68,149,341
Net assets20222021202020192018
Without donor restrictions$117,765,238$114,658,042$112,011,143$109,412,319$106,351,874
With donor restrictions$0$0$0$0$0
Net assets$117,765,238$114,658,042$112,011,143$109,412,319$106,351,874
Revenues and expenses
Total contributions$0$0$0$580$100
Program service revenue$5,801,678$6,671,810$7,927,596$7,622,044$6,525,016
Membership dues$0$0$0$0$0
Investment income$44,789$27,637$84,656$39,404$11,056
Other revenue$0$0$0$0$0
Total other revenue$5,846,467$6,699,447$8,012,252$7,661,448$6,536,072
Total revenue$5,846,467$6,699,447$8,012,252$7,662,028$6,536,172
Program services$2,234,909$3,600,297$4,990,788$4,208,036$3,724,506
Management and general$504,361$452,251$422,640$393,546$359,420
Total expenses$2,739,270$4,052,548$5,413,428$4,601,582$4,083,926
Change in net assets20222021202020192018
Surplus (deficit)$3,107,197$2,646,899$2,598,824$3,060,446$2,452,246
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,107,197$2,646,899$2,598,824$3,060,446$2,452,246


Gerald R James JrPresident/CEO$342,811
Bob GageSenior Vice President$254,072
Landon YeagerChief Financial Officer$216,828
Marissa KaneSecretary$87,745

Compensation data as of: 6/30/2022

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/11/2023. To update the information below, please email: [email protected]


Program accomplishments

BCLC has processed over $1 billion in loan requests from Baptist churches since it was started in 1952.

BCLC is a non-profit, self supporting corporation. All of BCLC's corporate officers are members of Baptist churches.

BCLC, based upon capital adequacy ratios, is at least five times stronger than most commercial banks.

BCLC estimates that there are approximately 175,000 per week worshipping in BCLC financed church facilities.