Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
EIN 20-8289146 • 501(c)3 • Spring, TX
Profile
The Organization is committed to quality living for senior adults in a faith-based environment.The Organization takes great pride in being an important part of the local community where it serves seniors & provides employment in meeting its mission of service ministry to senior adults. Its sponsor, Methodist Retirement Communities, has a covenant connection with the Texas Annual Conference of United Methodists that links the organization to its heritage & origin, though the organization openly accepts persons of all faiths and beliefs; with no discrimination toward residents, staff, board members, etc. The Organization accepts HUD payments that assist in providing this affordable housing for those with limited financial means. The Organization provides services, programs, activities & housing to seniors in independent/residential living apartments. The organization works with & welcomes other entities in the local community who may be able to meet the additional needs of its residents.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
48th percentile
Higher debt load relative to revenue than 48% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 56.9% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Assets
Down$6,155,271
Down $86,093 (-1.4%) from 2014
Liabilities
Up$70,498
Up $19,596 (+38%) from 2014
Net Assets
Down$6,084,773
Down $105,689 (-1.7%) from 2014
Revenue
Up$506,661
Up $18,072 (+3.7%) from 2014
Expenses
Down$612,350
Down $88 (-0.0%) from 2014
Net Income
Up-$105,689
Up $18,160 (+15%) from 2014
Most recent year
2015 • Form 990Summary only. Only limited summary data is available for this year.
The organization is committed to quality living for senior adults in a faith-based environment. The organization takes great pride in being an important part of the broader, local community where it serves seniors and provides local employment in meeting its mission of service ministry to senior adults. The covenant connection with the texas annual conference of united methodists links the organization to its heritage and origin, though the organization openly accepts persons of all faiths and beliefs; with no discrimination toward residents, staff, board members, volunteers, donors, vendors, etc. The organization accepts donations, usually through the mrc foundation, to assist and retain residents who outlive their resources and run low on funds or eventually even out of money through no fault of their own. The organization provides services, programs, activities, care and housing to seniors in independent/residential living apartments, assisted living apartments, specialty memory sup
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