Civic Intelligence

Methodist Retirement Communities

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.

1440 Lake Front Circle No 110Spring, TX 77380

www.mrcaff.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

48th percentile

0.14x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$288,177

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 56.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

31st percentile

-1.4%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

3.7%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,900,542Liabilities 2010: $112,172Net Assets 2010: $6,788,3702010Assets 2011: $6,702,544Liabilities 2011: $129,734Net Assets 2011: $6,572,8102011Assets 2012: $6,548,552Liabilities 2012: $62,926Net Assets 2012: $6,485,6262012Assets 2013: $6,370,966Liabilities 2013: $56,177Net Assets 2013: $6,314,7892013Assets 2014: $6,241,364Liabilities 2014: $50,902Net Assets 2014: $6,190,4622014Assets 2015: $6,155,271Liabilities 2015: $70,498Net Assets 2015: $6,084,7732015

Highlighted filing

2015

Assets$6,155,271
Liabilities$70,498
Net Assets$6,084,773

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $550,3692010Revenue 2011: $361,375Expenses 2011: $576,935Net Income 2011: -$215,5602011Expenses 2012: $599,2522012Revenue 2013: $449,247Expenses 2013: $620,084Net Income 2013: -$170,8372013Revenue 2014: $488,589Expenses 2014: $612,438Net Income 2014: -$123,8492014Revenue 2015: $506,661Expenses 2015: $612,350Net Income 2015: -$105,6892015

Highlighted filing

2015

Revenue$506,661
Expenses$612,350
Net Income-$105,689

Filings

Latest Filing Detail
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Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Mission and Program Overview

Mission

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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $5M-$10M nonprofits