Civic Intelligence

Methodist Manor Retirement Community

990 • Fiscal year 2019 • EIN 42-0837578

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 15, 2020

Refreshing map…

1206 W 4th StStorm Lake, IA 50588

(712) 732-1120

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

3.23x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

14th percentile

-14%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

12th percentile

$99,819

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

25th percentile

-1.4%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

79th percentile

18%

Faster revenue growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Down

$32,773,840

Down $469,357 (-1.4%) from 2018

Net Assets

Down

$1,104,047

Down $1,341,658 (-55%) from 2018

Liabilities

Up

$31,669,793

Up $872,301 (+2.8%) from 2018

Revenue

Up

$9,810,994

Up $1,472,413 (+18%) from 2018

Expenses

Up

$11,152,652

Up $1,811,918 (+19%) from 2018

Net Income

Down

-$1,341,658

Down $339,505 (-34%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $12,945,569Liabilities 2010: $9,547,702Net Assets 2010: $3,397,8672010Assets 2011: $17,279,410Liabilities 2011: $13,966,712Net Assets 2011: $3,312,6982011Assets 2012: $12,567,618Liabilities 2012: $9,225,212Net Assets 2012: $3,342,4062012Assets 2013: $12,652,187Liabilities 2013: $9,009,076Net Assets 2013: $3,643,1112013Assets 2014: $12,664,331Liabilities 2014: $8,693,976Net Assets 2014: $3,970,3552014Assets 2015: $12,546,157Liabilities 2015: $8,723,543Net Assets 2015: $3,822,6142015Assets 2016: $14,266,294Liabilities 2016: $10,931,609Net Assets 2016: $3,334,6852016Assets 2017: $26,250,064Liabilities 2017: $22,802,206Net Assets 2017: $3,447,8582017Assets 2018: $33,243,197Liabilities 2018: $30,797,492Net Assets 2018: $2,445,7052018Assets 2019: $32,773,840Liabilities 2019: $31,669,793Net Assets 2019: $1,104,0472019Assets 2020: $31,970,812Liabilities 2020: $31,785,237Net Assets 2020: $185,5752020Assets 2021: $30,613,891Liabilities 2021: $28,931,324Net Assets 2021: $1,682,5672021Assets 2022: $29,521,836Liabilities 2022: $29,227,800Net Assets 2022: $294,0362022Assets 2023: $29,235,570Liabilities 2023: $28,935,731Net Assets 2023: $299,8392023Assets 2024: $29,309,378Liabilities 2024: $29,064,193Net Assets 2024: $245,1852024

Highlighted filing

2019

Assets$32,773,840
Liabilities$31,669,793
Net Assets$1,104,047

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,616,7242010Expenses 2011: $7,354,5172011Expenses 2012: $7,034,9042012Revenue 2013: $7,313,094Expenses 2013: $7,008,050Net Income 2013: $305,0442013Revenue 2014: $7,548,326Expenses 2014: $7,223,224Net Income 2014: $325,1022014Revenue 2015: $7,392,179Expenses 2015: $7,538,887Net Income 2015: -$146,7082015Revenue 2016: $7,196,493Expenses 2016: $7,684,422Net Income 2016: -$487,9292016Revenue 2017: $8,390,735Expenses 2017: $8,277,562Net Income 2017: $113,1732017Revenue 2018: $8,338,581Expenses 2018: $9,340,734Net Income 2018: -$1,002,1532018Revenue 2019: $9,810,994Expenses 2019: $11,152,652Net Income 2019: -$1,341,6582019Revenue 2020: $10,818,413Expenses 2020: $11,736,885Net Income 2020: -$918,4722020Revenue 2021: $12,136,218Expenses 2021: $11,330,170Net Income 2021: $806,0482021Revenue 2022: $11,082,208Expenses 2022: $12,479,165Net Income 2022: -$1,396,9572022Revenue 2023: $12,868,854Expenses 2023: $12,863,051Net Income 2023: $5,8032023Revenue 2024: $13,448,310Expenses 2024: $13,584,372Net Income 2024: -$136,0622024

Highlighted filing

2019

Revenue$9,810,994
Expenses$11,152,652
Net Income-$1,341,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 15, 2020
Return Version
2019v5.0
Gross Receipts
$10,381,715
Mission and Program Overview

Mission

Methodist manor retirement community is a multi-level services community for older adults providing quality care in a loving christian environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,291,492$29,935,495▼ $355,997
Accounts Receivable$1,511,934$1,350,644▼ $161,290
Savings and Temporary Cash Investments$1,128,652$1,145,430▲ $16,778
Cash and Non-Interest-Bearing Accounts$144,174$145,512▲ $1,338
Pledges and Grants Receivable$131,173$122,078▼ $9,095
Prepaid Expenses and Deferred Charges$32,923$71,641▲ $38,718
Total Assets$33,243,197$32,773,840▼ $469,357
Other Assets Total$2,849$3,040▲ $191
Liabilities
Mortgage Notes Payable Secured by Investment Property$28,788,453$29,128,007▲ $339,554
Accounts Payable and Accrued Expenses$1,273,183$1,936,570▲ $663,387
Other Liabilities$735,856$605,216▼ $130,640
Total Liabilities$30,797,492$31,669,793▲ $872,301
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,144,640$1,136,266▼ $8,374
Net Assets Without Donor Restrictions$1,301,065$-32,219▼ $1,333,284
Total Net Assets Fund Balance$2,445,705$1,104,047▼ $1,341,658
Total Liabilities and Net Assets / Fund Balance$33,243,197$32,773,840▼ $469,357

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,646,916$6,315,981$33,962,897
Equipment$1,738,826$2,783,440$4,522,266
Land$549,753-$549,753
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicholas LandgrafAdministratoFT$99,819$99,819

Board Members and Trustees

NameTitle
Scott SchuelkePresident
Brad ReichterDirector
Dave FriedrichDirector
David ArcherDirector
Gary PickhinkeDirector
Jennifer HechtDirector
Reverand Phil WebbDirector
Joleen DentlingerSecretary
Steve CampbellTreasurer
Bob BennettVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Woodruff ConstructionGeneral Contrac1890 KOUNTRY LANE, Fort Dodge, IA 50501$758,375
Sports Rehab & Physical TherapyTherapy Service315 WEST 5TH STREET, Storm Lake, IA 50588$201,666
Revenue and Support

Revenue Composition

Contributions and Grants
$21,063
Program Service Revenue
$10,247,620
Investment Income
$-457,689
Other Revenue
$0
All Other Contributions
$21,063
Change in Net Assets
$-1,341,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,283,757
Revenue Not Reported on Financial Statements
$-472,763
Other Revenue Adjustments
$-472,763
Total Revenue per Audited Statements
$10,283,757
Total Revenue per Form 990
$9,810,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,423,489
Other Expenses$4,729,163
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,052,478$262,925-$5,315,403
Depreciation Depletion$1,051,272--$1,051,272
All Other Expenses$885,330$49,504-$934,834
Interest$759,579--$759,579
Other Employee Benefits$478,763$123,374-$602,137
Payroll Taxes$380,600$25,530-$406,130
Other Expenses$227,867$21,649-$227,867
Insurance$201,135--$201,135
Fees for Services Legal-$100,323-$100,323
Current Officers, Directors, Trustees, and Key Employees-$99,819-$99,819
Advertising-$51,485-$51,485
Travel$9,951$4,501-$14,452
Total Functional Expenses$10,413,542$739,110$0$11,152,652

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,625,415
Expenses per Audited Statements$11,152,652
Total Expenses per Form 990$11,152,652
Expenses Not Reported on Form 990$472,763
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries and Vacation Payabl$341,094
Accrued Real Estate Taxes$133,303
Accrued Payroll Taxes and Other Accr$110,010
Accrued Interest$20,809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 was given to management and board members. Board reviews and approves form 990 at board meeting.

Form 990, Page 6, Part VI, Line 12C

Methodist manor retirement community monitors their employees' compliance with the conflict of interest policy through annual reviews and through investigations of any allegations of potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the salary of the administrator by doing an area market survey of other nursing homes in the area. They compare salaries, benefits, and experience of the other administrators and from this survey and discussions they determine and set the administrator's salary for methodist manor.

Form 990, Page 6, Part VI, Line 19

Methodist manor retirement community makes all of their governing documents, policies, financial statements and form 990 tax return available at any time to the public in the administrative offices located at 1206 w 4th street, storm lake, ia 50588.

Filing and Contact Details

Filer

Filer Name
Methodist Manor Retirement
EIN
42-0837578
Phone
7127321120
Address
1206 W 4TH ST, STORM LAKE, IA 50588

Signing Officer

Name
Nicholas Landgraf
Title
Administrator/CFO
Phone
7127321120
Signed
2020-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Landgraf
Formed
1959
Legal Domicile
Ia
Voting Board Members
10
Independent Board Members
10
Employees
323
Volunteers
30

Preparer

Firm
Williams & Company CPA Pc
Address
1009 IOWA AVE, ONAWA, IA 51040
Preparer
David D Radke CPA
Phone
7124232616
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Loss on sale of fixed assets 78,453 impairment of fixed assets 394,310 loss on sale of fixed assets -78,453 impairment of fixed assets -394,310

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Loss on sale of fixed assets -78,453 impairment of fixed assets -394,310

Schedule D, Page 4, Part XII, Line 2D

Loss on sale of fixed assets 78,453 impairment of fixed assets 394,310

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt029935495
IRS990/LandBldgEquipCostOrOtherBssAmt039034916
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0570721
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0METHODIST MANOR RETIREMENT COMMUNITY IS A MULTI-LEVEL SERVICES COMMUNITY FOR OLDER ADULTS PROVIDING QUALITY CARE IN A LOVING CHRISTIAN ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt029128007
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IRS990/NetAssetsOrFundBalancesEOYAmt01104047
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-472763
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-472763
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01301065
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-32219
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02849
IRS990/OtherAssetsTotalGrp/EOYAmt03040
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0123374
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0478763
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0602137
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3THERAPY SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021649
IRS990/OtherExpensesGrp/ProgramServicesAmt0559983
IRS990/OtherExpensesGrp/ProgramServicesAmt1453111
IRS990/OtherExpensesGrp/ProgramServicesAmt2353473
IRS990/OtherExpensesGrp/ProgramServicesAmt3227867
IRS990/OtherExpensesGrp/TotalAmt0559983
IRS990/OtherExpensesGrp/TotalAmt1474760
IRS990/OtherExpensesGrp/TotalAmt2353473
IRS990/OtherExpensesGrp/TotalAmt3227867
IRS990/OtherLiabilitiesGrp/BOYAmt0735856
IRS990/OtherLiabilitiesGrp/EOYAmt0605216
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0262925
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05052478
IRS990/OtherSalariesAndWagesGrp/TotalAmt05315403
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025530
IRS990/PayrollTaxesGrp/ProgramServicesAmt0380600
IRS990/PayrollTaxesGrp/TotalAmt0406130
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0131173
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0122078
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032923
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071641
IRS990/PrincipalOfficerNm0NICHOLAS LANDGRAF
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
IRS990/ProgramServiceRevenueGrp/BusinessCd2623990
IRS990/ProgramServiceRevenueGrp/BusinessCd3623990
IRS990/ProgramServiceRevenueGrp/BusinessCd4623990
IRS990/ProgramServiceRevenueGrp/Desc0DAILY SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ASSISTED LIVING
IRS990/ProgramServiceRevenueGrp/Desc2INDEPENDENT LIVING
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MEALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07658594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11707719
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2757393
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3108397
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt415517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07658594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11707719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2757393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3108397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt415517
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015238
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-377841
IRS990/PYOtherExpensesAmt03739325
IRS990/PYProgramServiceRevenueAmt08701184
IRS990/PYRevenuesLessExpensesAmt0-1002153
IRS990/PYSalariesCompEmpBnftPaidAmt05601409
IRS990/PYTotalExpensesAmt09340734
IRS990/PYTotalRevenueAmt08338581
IRS990/ReconcilationRevenueExpnssAmt0-1341658
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010247620
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01128652
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01145430
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART III LINE 1D EXCLUDES UNUSUAL GIFTS OF 539,484 FOR DONATED INVENTORY AND FACILITIES. THIS AMOUNT WAS INCLUDED ON THE 2017 990 PART VIII LINE 1G.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0299156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt044867
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0429891
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09682
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07162
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012519
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016366
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt060803
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010247620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08701184
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07794582
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06897337
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07347312
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt040988035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09682
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07162
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt060803
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt041417926
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010268083
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08716422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07844749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07196493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07392179
IRS990ScheduleA/Total509Grp/TotalAmt041417926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010283157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08726104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07851911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07209012
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07408545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt041478729
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt027646916
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06315981
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt033962897
IRS990ScheduleD/EquipmentGrp/BookValueAmt01738826
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02783440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04522266
IRS990ScheduleD/ExpensesNotReportedAmt0472763
IRS990ScheduleD/ExpensesSubtotalAmt011152652
IRS990ScheduleD/LandGrp/BookValueAmt0549753
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0549753
IRS990ScheduleD/OtherExpensesIncludedAmt0472763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0341094
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1133303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2110010
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt320809
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND VACATION PAYABL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL TAXES AND OTHER ACCR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED INTEREST
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-472763
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-472763
IRS990ScheduleD/RevenueSubtotalAmt010283757
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON SALE OF FIXED ASSETS -78,453 IMPAIRMENT OF FIXED ASSETS -394,310
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF FIXED ASSETS 78,453 IMPAIRMENT OF FIXED ASSETS 394,310
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029935495
IRS990ScheduleD/TotalExpensesPerForm990Amt011152652
IRS990ScheduleD/TotalLiabilityAmt0605216
IRS990ScheduleD/TotalRevenuePerForm990Amt09810994
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010283757
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011625415
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS GIVEN TO MANAGEMENT AND BOARD MEMBERS. BOARD REVIEWS AND APPROVES FORM 990 AT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1METHODIST MANOR RETIREMENT COMMUNITY MONITORS THEIR EMPLOYEES' COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL REVIEWS AND THROUGH INVESTIGATIONS OF ANY ALLEGATIONS OF POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE ADMINISTRATOR BY DOING AN AREA MARKET SURVEY OF OTHER NURSING HOMES IN THE AREA. THEY COMPARE SALARIES, BENEFITS, AND EXPERIENCE OF THE OTHER ADMINISTRATORS AND FROM THIS SURVEY AND DISCUSSIONS THEY DETERMINE AND SET THE ADMINISTRATOR'S SALARY FOR METHODIST MANOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3METHODIST MANOR RETIREMENT COMMUNITY MAKES ALL OF THEIR GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND FORM 990 TAX RETURN AVAILABLE AT ANY TIME TO THE PUBLIC IN THE ADMINISTRATIVE OFFICES LOCATED AT 1206 W 4TH STREET, STORM LAKE, IA 50588.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOSS ON SALE OF FIXED ASSETS 78,453 IMPAIRMENT OF FIXED ASSETS 394,310 LOSS ON SALE OF FIXED ASSETS -78,453 IMPAIRMENT OF FIXED ASSETS -394,310
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$29.1$0.25$13.4$13.6$0.14
2023Detailed filing. Detailed filing data is available for this year.$29.2$28.9$0.30$12.9$12.9$0.01
2022Detailed filing. Detailed filing data is available for this year.$29.5$29.2$0.29$11.1$12.5$1.40
2021Detailed filing. Detailed filing data is available for this year.$30.6$28.9$1.68$12.1$11.3$0.81
2020Detailed filing. Detailed filing data is available for this year.$32.0$31.8$0.19$10.8$11.7$0.92
2019Detailed filing. Detailed filing data is available for this year.$32.8$31.7$1.10$9.81$11.2$1.34
2018Detailed filing. Detailed filing data is available for this year.$33.2$30.8$2.45$8.34$9.34$1.00
2017Detailed filing. Detailed filing data is available for this year.$26.3$22.8$3.45$8.39$8.28$0.11
2016Detailed filing. Detailed filing data is available for this year.$14.3$10.9$3.33$7.20$7.68$0.49
2015Detailed filing. Detailed filing data is available for this year.$12.5$8.72$3.82$7.39$7.54$0.15
2014Detailed filing. Detailed filing data is available for this year.$12.7$8.69$3.97$7.55$7.22$0.33
2013Detailed filing. Detailed filing data is available for this year.$12.7$9.01$3.64$7.31$7.01$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$9.23$3.34$7.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$14.0$3.31$7.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$9.55$3.40$6.62
Peer Organizations

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