Civic Intelligence

Methodist Retirement Community Develop- Ment Corporation

990EZ • Fiscal year 2015 • EIN 11-2487632

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

2975 Westchester Avenue No 301Purchase, NY 10577

(914) 205-5030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Revenue Growth

5th percentile

-70%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Flat

$0

Flat from 2014

Net Assets

Up

$0

Up $1,775 (+100%) from 2014

Liabilities

Down

$0

Down $1,775 (-100%) from 2014

Revenue

Down

$1,775

Down $4,225 (-70%) from 2014

Expenses

Flat

$0

Flat from 2014

Net Income

Down

$1,775

Down $4,225 (-70%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2010: $18,264,824Liabilities 2010: $27,045,939Net Assets 2010: -$8,781,1152010Assets 2011: $17,220,374Liabilities 2011: $26,183,492Net Assets 2011: -$8,963,1182011Assets 2012: $593,856Liabilities 2012: $1,138,111Net Assets 2012: -$544,2552012Assets 2013: $17,834Liabilities 2013: $615,075Net Assets 2013: -$597,2412013Assets 2014: $0Liabilities 2014: $1,775Net Assets 2014: -$1,7752014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,327,0392010Expenses 2011: $4,769,8392011Expenses 2012: $4,148,7842012Revenue 2013: $9,738Expenses 2013: $62,724Net Income 2013: -$52,9862013Revenue 2014: $6,000Expenses 2014: $0Net Income 2014: $6,0002014Revenue 2015: $1,775Expenses 2015: $0Net Income 2015: $1,7752015

Highlighted filing

2015

Revenue$1,775
Expenses$0
Net Income$1,775
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$1,775
Mission and Program Overview

Mission

To provide individuals, families and caregivers the assistance they need to live, work and remain a vital part of their communities. Our mission has evolved to inspire innovation that empowers, guides, educates, and supports those individuals and organizations faced with the challenges and opportunities of aging.

Program Services

DescriptionGrantsExpenses
N/A.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD H ALTIERI PHDChair-$0--
ALEXANDER HOOD THROUGH JUNE 2015Vice Chair-$0--
DOUGLAS H HOFFMANNVice Chair-$0--
KATHARINE M WEISSTreasurer-$0--
FATHER RICHARD F GORMANSecretary-$0--
ROSEMARIE TAGLIONE THROUGH 022015Trutstee-$0--
LEE ALTIERITrutstee-$0--
DONALD T KIRBYTrutstee-$0--
DR WILLIAM T SMITH PHDPresident/CEO-$0--
Filing and Contact Details

Filer

Filer Name
Methodist Retirement Community
EIN
11-2487632
Phone
9142055030
Address
2975 WESTCHESTER AVENUE NO 301, PURCHASE, NY 10577

Signing Officer

Name
Dr William T Smith Phd
Title
President/CEO
Phone
9142055030
Signed
2016-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Loeb & Troper Llp
Address
655 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous income. Amount: 1,775.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 1,775. End of year amount: 0.

Raw XML Appendix192 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DOUGLAS H HOFFMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHARINE M WEISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FATHER RICHARD F GORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROSEMARIE TAGLIONE THROUGH 022015
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LEE ALTIERI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DONALD T KIRBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DR WILLIAM T SMITH PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUTSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUTSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUTSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8PRESIDENT/CEO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherRevenueTotalAmt01775
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE INDIVIDUALS, FAMILIES AND CAREGIVERS THE ASSISTANCE THEY NEED TO LIVE, WORK AND REMAIN A VITAL PART OF THEIR COMMUNITIES. OUR MISSION HAS EVOLVED TO INSPIRE INNOVATION THAT EMPOWERS, GUIDES, EDUCATES, AND SUPPORTS THOSE INDIVIDUALS AND ORGANIZATIONS FACED WITH THE CHALLENGES AND OPPORTUNITIES OF AGING.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/WebsiteAddressTxt0WWW.AGINGINAMERICA.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0595275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0501
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0312
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03970045
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08515793
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0312
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08642
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09455
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00130
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09237
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09738
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 1,775.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,775. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR WILLIAM T SMITH PHD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09142055030
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METHODIST RETIREMENT COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0METH
ReturnHeader/Filer/EIN0112487632
ReturnHeader/Filer/PhoneNum09142055030
ReturnHeader/Filer/USAddress/AddressLine1Txt02975 WESTCHESTER AVENUE NO 301
ReturnHeader/Filer/USAddress/CityNm0PURCHASE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010577
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131517563
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOEB & TROPER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0655 THIRD AVENUE 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02128674000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON SHAPIRO
ReturnHeader/ReturnTs02016-11-14T17:44:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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