Civic Intelligence

Bayview Senior Housing

990 • Fiscal year 2012 • EIN 20-8289146

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

1440 Lake Front Circle No 11077380
Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$6,548,552

Down $153,992 (-2.3%) from 2011

Net Assets

Down

$6,485,626

Down $87,184 (-1.3%) from 2011

Liabilities

Down

$62,926

Down $66,808 (-51%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$599,252

Up $22,317 (+3.9%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2012

Assets$6,548,552
Liabilities$62,926
Net Assets$6,485,626

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2012

Revenue-
Expenses$599,252
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$435,249
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

Filing and Contact Details

Filer

EIN
20-8289146
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IRS990/Description0Bayview Senior Housing (the Project) is a nonprofit, tax exempt organization operating a 61-unit apartment complex for the elderly in LaPorte, Texas. The Project is operated under Section 202 of the National Housing Act and regulated by the U.S. Department of Housing and Urban Development (HUD) with respect to rental charges and operating methods. The Project received a HUD Section 202 Capital Advance which places certain conditions on the Project for a period of 40 years. The Project's Section 202 Capital Advance is considered a major program. The Project is also subject to a Project Rental Assistance Contract (PRAC) with HUD, and a significant portion of the Project's rental income is received from HUD. The Project's PRAC rent subsidy is considered a nonmajor program. The Project is sponsored and managed by Methodist Retirement Communities MRC), who also appoints the Board of Directors of the Project.
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IRS990/MissionDescription0The 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 other entities in the local community who may be able to meet additional needs to its residents.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Project's tax filings are subject to review and examination by federal, state, and local authorities. The Project is not aware of any activities that would jeopardize its tax-exempt status. The Project files all proper returns related to unrelated business income and properly discloses such activities. The tax filings for the years 2009 to 2012 are open to examination by federal, state, and local authorities.
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