Civic Intelligence

Methodist Home for the Aging

990 • Fiscal year 2014 • EIN 63-0376518

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

1520 Cooper Hill Road35210

(205) 951-2442

Siviq Scores

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

Liabilities / Assets

75th percentile

0.59x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.71x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

61st percentile

7.2%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$254,814

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$42,704,405

Down $6,753,099 (-14%) from 2013

Net Assets

Up

$17,627,297

Up $1,344,210 (+8.3%) from 2013

Liabilities

Down

$25,077,108

Down $8,097,309 (-24%) from 2013

Revenue

$35,295,403

No earlier filing loaded for comparison.

Expenses

Down

$32,756,188

Down $3,381,027 (-9.4%) from 2013

Net Income

$2,539,215

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.

$150M$100M$50M$0Assets 2010: $45,282,547Liabilities 2010: $36,817,450Net Assets 2010: $8,465,0972010Assets 2011: $45,511,933Liabilities 2011: $35,365,839Net Assets 2011: $10,146,0942011Assets 2012: $47,692,764Liabilities 2012: $34,480,370Net Assets 2012: $13,212,3942012Assets 2013: $49,457,504Liabilities 2013: $33,174,417Net Assets 2013: $16,283,0872013Assets 2014: $42,704,405Liabilities 2014: $25,077,108Net Assets 2014: $17,627,2972014Assets 2015: $49,523,480Liabilities 2015: $30,456,053Net Assets 2015: $19,067,4272015Assets 2016: $113,115,837Liabilities 2016: $91,844,222Net Assets 2016: $21,271,6152016Assets 2017: $114,827,240Liabilities 2017: $92,080,594Net Assets 2017: $22,746,6462017Assets 2018: $113,462,039Liabilities 2018: $91,980,214Net Assets 2018: $21,481,8252018Assets 2019: $113,328,836Liabilities 2019: $91,542,747Net Assets 2019: $21,786,0892019Assets 2020: $114,593,198Liabilities 2020: $91,538,219Net Assets 2020: $23,054,9792020Assets 2021: $118,213,803Liabilities 2021: $92,411,473Net Assets 2021: $25,802,3302021Assets 2022: $110,814,317Liabilities 2022: $88,867,803Net Assets 2022: $21,946,5142022Assets 2023: $110,004,751Liabilities 2023: $88,034,119Net Assets 2023: $21,970,6322023Assets 2024: $113,174,731Liabilities 2024: $87,635,216Net Assets 2024: $25,539,5152024

Highlighted filing

2014

Assets$42,704,405
Liabilities$25,077,108
Net Assets$17,627,297

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $35,742,8902010Expenses 2011: $34,968,5952011Expenses 2012: $35,540,7632012Expenses 2013: $36,137,2152013Revenue 2014: $35,295,403Expenses 2014: $32,756,188Net Income 2014: $2,539,2152014Revenue 2015: $35,353,011Expenses 2015: $33,465,233Net Income 2015: $1,887,7782015Revenue 2016: $33,931,203Expenses 2016: $31,658,946Net Income 2016: $2,272,2572016Revenue 2017: $35,146,916Expenses 2017: $34,379,602Net Income 2017: $767,3142017Revenue 2018: $41,185,094Expenses 2018: $42,562,348Net Income 2018: -$1,377,2542018Revenue 2019: $45,211,834Expenses 2019: $45,488,721Net Income 2019: -$276,8872019Revenue 2020: $47,199,906Expenses 2020: $46,088,494Net Income 2020: $1,111,4122020Revenue 2021: $51,510,138Expenses 2021: $48,762,787Net Income 2021: $2,747,3512021Revenue 2022: $48,216,255Expenses 2022: $52,072,071Net Income 2022: -$3,855,8162022Revenue 2023: $53,010,384Expenses 2023: $52,979,521Net Income 2023: $30,8632023Revenue 2024: $54,866,224Expenses 2024: $52,772,363Net Income 2024: $2,093,8612024

Highlighted filing

2014

Revenue$35,295,403
Expenses$32,756,188
Net Income$2,539,215
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$35,295,403
Mission and Program Overview

Mission

Retirement and nursing home care

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,515,526$22,014,888▼ $7,500,638
Investments in Publicly Traded Securities$7,984,944$7,050,394▼ $934,550
Prepaid Expenses and Deferred Charges$4,682,123$4,712,874▲ $30,751
Cash and Non-Interest-Bearing Accounts$1,536,799$3,191,682▲ $1,654,883
Accounts Receivable$2,610,389$2,372,318▼ $238,071
Inventories for Sale or Use$93,904$85,157▼ $8,747
Savings and Temporary Cash Investments$54,440$54,494▲ $54
Total Assets$49,457,504$42,704,405▼ $6,753,099
Other Assets Total$2,979,379$3,222,598▲ $243,219
Liabilities
Tax Exempt Bond Liabilities$15,640,166$14,900,000▼ $740,166
Mortgage Notes Payable Secured by Investment Property$12,552,626$6,479,195▼ $6,073,431
Accounts Payable and Accrued Expenses$4,557,287$3,468,431▼ $1,088,856
Deferred Revenue$353,818$217,104▼ $136,714
Other Liabilities$70,520$12,378▼ $58,142
Total Liabilities$33,174,417$25,077,108▼ $8,097,309
Net Assets / Fund Balance
Unrestricted Net Assets$10,427,600$11,243,333▲ $815,733
Temporarily Rstr Net Assets$5,807,868$6,331,076▲ $523,208
Permanently Rstr Net Assets$47,619$52,888▲ $5,269
Total Net Assets Fund Balance$16,283,087$17,627,297▲ $1,344,210
Total Liabilities and Net Assets / Fund Balance$49,457,504$42,704,405▼ $6,753,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,018,879$16,163,485$32,182,364
Equipment$1,093,366$4,274,394$5,367,760
Land$2,327,070-$1,276,641
Other Land Buildings$2,575,573$558,791$608,580
Other Assets Org$-111,879--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$47,619-▲ $5,269-$52,888
2012$5,404,934-▲ $345,645$194,132$47,619
2011$5,535,929$76▲ $106,339$198,377$5,404,934
2010$5,058,463-▲ $690,103$173,152$5,535,929
2009$3,648,985$1,002,095▲ $578,547$131,734$5,058,463
Compensation and Service Providers

Employees

NameTitleBaseTotal
-President, CEO$254,814$254,814
William Bruce AkinsPresident, C$254,814$254,814
-Vice Preside$211,256$211,256
-Vice President, COO$211,256$211,256
-VP-informati$98,503$98,503
-VP of Human$96,045$96,045
-CFO$94,790$94,790

Highest Paid Contractors

ContractorServicesLocationCompensation
James Barr ContractorsConstruction-$235,167
Cooke Cameron Travis & CompanyAuditing-$191,068
Revenue and Support

Revenue Composition

Contributions and Grants
$159,494
Program Service Revenue
$34,306,176
Investment Income
$829,733
Other Revenue
$0
All Other Contributions
$159,494
Change in Net Assets
$2,539,215

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,082,877
Revenue Not Reported on Financial Statements
$212,526
Revenue Not Reported on Form 990
$575,058
Other Revenue Adjustments
$212,526
Total Revenue per Audited Statements
$35,657,935
Total Revenue per Form 990
$35,295,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,156,992
Other Expenses$13,599,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,433,197$2,877,686-$16,310,883
Fees for Services Other$1,687,497--$1,687,497
Other Employee Benefits$1,351,904$264,610-$1,616,514
Payroll Taxes$1,028,885$200,710-$1,229,595
Interest$783,772$395,912-$1,179,684
Depreciation Depletion$920,893$99,029-$1,019,922
Fees for Services Accounting-$191,068-$191,068
Other Expenses$1,582,563$157,467-$157,467
Fees for Services Legal-$63,802-$63,802
Travel$48,827$12,280-$61,107
Fees for Service Investment Mgmnt Fees$42,712--$42,712
Total Functional Expenses$27,902,793$4,853,395$0$32,756,188

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$32,756,188
Expenses per Audited Statements$32,543,662
Total Expenses per Audited Statements$32,543,662
Expenses Not Reported on Financial Statements$212,526
Other Expense Adjustments$212,526
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
Capital Lease Obligation$12,378

Bond Issues

BondIssuerIssuedIssue PricePurpose
B-2010-01-01$17,175,000Refinancing of outstanding bond issues.
A-2010-01-28$750,000REFINANCING OF DEBT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 the return is presented to the key officers, finance committee and all interested trustees for review prior to the release of the return.

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

All interested persons must sign an annual conflict of interest statement. A conflict of interest committee was appointed by the methodist homes for the aging board to monitor and enforce conlfict of interest issues.

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

The finance committee of the board of methodist homes for the aging shall set the compensation of the executive staff. The executive staff shall recommend compensation for the key employees and staff at all the facilities. The recommendations are reviewed, approved or modified by finance committee.

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

The finance committee of the board of methodist homes for the aging sets the compensation for the executive staff. The executive staff shall recommend compensation for the key employees and staff at all the facilities. The recommendations are reviewed, approved, or modified by the finance committee.

Form 990, Page 6, Part VI, Line 19

By appointment inspection can be made at 1520 cooper hill road, birmingham, al 35210

Filing and Contact Details

Filer

EIN
63-0376518
Phone
2059512442

Signing Officer

Name
Christopher Tomlin
Title
CEO
Phone
2059512442
Signed
2015-02-10

Organization Details

Formed
1956
Legal Domicile
Al
Voting Board Members
41
Independent Board Members
41
Employees
888

Preparer

Preparer
Michael W Cooke
Phone
2059670101
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Corporate exp.-allocated to discontinued operations added -212,526 to gain on discontinued oprations 0 corporate exp- allocated to discontinued operations 212,526

Form 990, Part XI, Line 9

Unrealized gain (loss) - afs 9,254 net assets transferred to mathison 1,779,317

Financial Statement Notes

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

Corporate exp.-allocated to discontinued operations added 212,526 to gain on discontinued oprations 0

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

Corporate exp- allocated to discontinued operations 212,526

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt27EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt38TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt39TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt40TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt41PRESIDENT, C
IRS990/Form990PartVIISectionAGrp/TitleTxt42VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt43VP-INFORMATI
IRS990/Form990PartVIISectionAGrp/TitleTxt44VP OF HUMAN
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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.$113$87.6$25.5$54.9$52.8$2.09
2023Summary only. Only limited summary data is available for this year.$110$88.0$22.0$53.0$53.0$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$111$88.9$21.9$48.2$52.1$3.86
2021Summary only. Only limited summary data is available for this year.$118$92.4$25.8$51.5$48.8$2.75
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$91.5$23.1$47.2$46.1$1.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$113$91.5$21.8$45.2$45.5$0.28
2018Summary only. Only limited summary data is available for this year.$113$92.0$21.5$41.2$42.6$1.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$115$92.1$22.7$35.1$34.4$0.77
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$113$91.8$21.3$33.9$31.7$2.27
2015Detailed filing. Detailed filing data is available for this year.$49.5$30.5$19.1$35.4$33.5$1.89
2014Detailed filing. Detailed filing data is available for this year.$42.7$25.1$17.6$35.3$32.8$2.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.5$33.2$16.3$36.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.7$34.5$13.2$35.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.5$35.4$10.1$35.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.3$36.8$8.47$35.7