Civic Intelligence

Seashore Campgrounds Retirement Home Inc

EIN 64-0429943 • 501(c)3 • Tupelo, MS

Profile

Seashore campgrounds retirement home's mission is to provide housing and personal care services to the elderly or disabled in the spirit of christian love.

PO Box 1567Tupelo, MS 38802

www.mss.org

Siviq Scores

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

Liabilities / Assets

98th percentile

1.52x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

6.10x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

22nd percentile

-3.0%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

60th percentile

11%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$12,726,929

Down $787,733 (-5.8%) from 2022

Liabilities

Up

$19,325,776

Up $1,699,595 (+9.6%) from 2022

Net Assets

Down

-$6,598,847

Down $2,487,328 (-60%) from 2022

Revenue

Up

$3,169,551

Up $619,446 (+24%) from 2022

Expenses

Up

$4,474,035

Up $71,846 (+1.6%) from 2022

Net Income

Up

-$1,304,484

Up $547,600 (+30%) from 2022

Trend Graphs

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2010: $5,006,152Liabilities 2010: $268,545Net Assets 2010: $4,737,6072010Assets 2011: $12,837,557Liabilities 2011: $6,498,560Net Assets 2011: $6,338,9972011Assets 2012: $13,325,132Liabilities 2012: $7,145,1252012Assets 2013: $12,860,493Liabilities 2013: $7,517,031Net Assets 2013: $5,343,4622013Assets 2014: $12,785,901Liabilities 2014: $8,592,366Net Assets 2014: $4,193,5352014Assets 2015: $13,904,382Liabilities 2015: $10,504,006Net Assets 2015: $3,400,3762015Assets 2016: $15,441,632Liabilities 2016: $13,297,333Net Assets 2016: $2,144,2992016Assets 2017: $16,749,889Liabilities 2017: $16,126,339Net Assets 2017: $623,5502017Assets 2018: $16,103,898Liabilities 2018: $16,203,624Net Assets 2018: -$99,7262018Assets 2019: $15,493,822Liabilities 2019: $16,143,171Net Assets 2019: -$649,3492019Assets 2020: $14,869,865Liabilities 2020: $16,207,422Net Assets 2020: -$1,337,5572020Assets 2021: $14,199,091Liabilities 2021: $16,726,738Net Assets 2021: -$2,527,6472021Assets 2022: $13,514,662Liabilities 2022: $17,626,181Net Assets 2022: -$4,111,5192022Assets 2024: $12,726,929Liabilities 2024: $19,325,776Net Assets 2024: -$6,598,8472024

Highlighted filing

2024

Assets$12,726,929
Liabilities$19,325,776
Net Assets-$6,598,847

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $362,2412010Expenses 2011: $159,4432011Revenue 2012: $19,224Expenses 2012: $205,260Net Income 2012: -$186,0362012Revenue 2013: $491,482Expenses 2013: $1,556,186Net Income 2013: -$1,064,7042013Revenue 2014: $1,030,591Expenses 2014: $2,306,082Net Income 2014: -$1,275,4912014Revenue 2015: $2,162,504Expenses 2015: $2,959,647Net Income 2015: -$797,1432015Revenue 2016: $2,251,738Expenses 2016: $3,561,875Net Income 2016: -$1,310,1372016Revenue 2017: $2,597,711Expenses 2017: $4,127,117Net Income 2017: -$1,529,4062017Revenue 2018: $3,290,998Expenses 2018: $4,037,204Net Income 2018: -$746,2062018Revenue 2019: $3,595,809Expenses 2019: $4,168,151Net Income 2019: -$572,3422019Revenue 2020: $3,568,147Expenses 2020: $4,264,828Net Income 2020: -$696,6812020Revenue 2021: $3,073,007Expenses 2021: $4,260,098Net Income 2021: -$1,187,0912021Revenue 2022: $2,550,105Expenses 2022: $4,402,189Net Income 2022: -$1,852,0842022Revenue 2024: $3,169,551Expenses 2024: $4,474,035Net Income 2024: -$1,304,4842024

Highlighted filing

2024

Revenue$3,169,551
Expenses$4,474,035
Net Income-$1,304,484

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$12.7$19.3$6.60$3.17$4.47$1.30
2022Summary only. Only limited summary data is available for this year.$13.5$17.6$4.11$2.55$4.40$1.85
2021Summary only. Only limited summary data is available for this year.$14.2$16.7$2.53$3.07$4.26$1.19
2020Summary only. Only limited summary data is available for this year.$14.9$16.2$1.34$3.57$4.26$0.70
2019Summary only. Only limited summary data is available for this year.$15.5$16.1$0.65$3.60$4.17$0.57
2018Summary only. Only limited summary data is available for this year.$16.1$16.2$0.10$3.29$4.04$0.75
2017Summary only. Only limited summary data is available for this year.$16.7$16.1$0.62$2.60$4.13$1.53
2016Summary only. Only limited summary data is available for this year.$15.4$13.3$2.14$2.25$3.56$1.31
2015Summary only. Only limited summary data is available for this year.$13.9$10.5$3.40$2.16$2.96$0.80
2014Summary only. Only limited summary data is available for this year.$12.8$8.59$4.19$1.03$2.31$1.28
2013Summary only. Only limited summary data is available for this year.$12.9$7.52$5.34$0.49$1.56$1.06
2012Summary only. Only limited summary data is available for this year.$13.3$7.15$0.02$0.21$0.19
2011Summary only. Only limited summary data is available for this year.$12.8$6.50$6.34$0.16
2010Summary only. Only limited summary data is available for this year.$5.01$0.27$4.74$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$3,169,551
Mission and Program Overview

Mission

Seashore campgrounds retirement home's mission is to provide housing and personal care services to the elderly or disabled in the spirit of christian love.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,909,071$12,407,225▼ $501,846
Investments Other Securities$256,924$247,357▼ $9,567
Savings and Temporary Cash Investments$17,277$21,769▲ $4,492
Prepaid Expenses and Deferred Charges$14,380$18,359▲ $3,979
Accounts Receivable$-2,451$16,134▲ $18,585
Inventories for Sale or Use$14,787$14,787→ $0
Cash and Non-Interest-Bearing Accounts$1,199$1,298▲ $99
Total Assets$13,211,187$12,726,929▼ $484,258
Liabilities
Other Liabilities$9,025,269$9,756,898▲ $731,629
Tax Exempt Bond Liabilities$7,564,981$7,363,276▼ $201,705
Deferred Revenue$1,831,885$2,076,168▲ $244,283
Accounts Payable and Accrued Expenses$89,265$123,654▲ $34,389
Mortgage Notes Payable Secured by Investment Property$10,142$5,780▼ $4,362
Total Liabilities$18,521,542$19,325,776▲ $804,234
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,610$16,610→ $0
Net Assets Without Donor Restrictions$-5,326,965$-6,615,457▼ $1,288,492
Total Net Assets Fund Balance$-5,310,355$-6,598,847▼ $1,288,492
Total Liabilities and Net Assets / Fund Balance$13,211,187$12,726,929▼ $484,258

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,572,046$5,501,136$14,073,182
Other Land Buildings$1,877,430$912,962$2,790,392
Land$1,758,268-$1,758,268
Equipment$199,481$790,403$989,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Brittany CuevasVice President of Philanthropy-$132,621$132,621
Ricky LeeExecutive DirectorFT$78,863$78,863

Board Members and Trustees

NameTitle
Bill WestChair
James Pat SmithChairman
Steve McalillyPresident/CEO
Ruth BishopVice-chairman
Jim ZuelzkeVice President Finance
Jeanne CantinVice President/hr
Alice GrahamBoard Member
Charles DubraBoard Member
Curtis Len PrescottBoard Member
Dan HullBoard Member
Dave DennisBoard Member
Heather SpragueBoard Member
John L LipsombBoard Member
Margaret MckenzieBoard Member
Micheal GilreathBoard Member
Nate BarkumBoard Member
Rufus M SmithBoard Member
Vera ThomasBoard Member
Jeff LawsonSecretary
Christie VanceVice Pres/COO

Highest Paid Contractors

ContractorServicesLocationCompensation
Unidine CorporationDining ServicesPO BOX 102289, Atlanta, GA 30368-2289$708,563
Mississippi Methodist Senior ServiceManagementPO BOX 1567, Tupelo, MS 38802$220,926
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,144,189
Investment Income
$25,362
Other Revenue
$0
Change in Net Assets
$-1,304,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,689,927
Salaries, Compensation, and Employee Benefits$1,784,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,297,678$121,675-$1,419,353
Fees for Services Other$715,697$41,760-$757,457
Depreciation Depletion-$558,671-$558,671
Occupancy$534,022--$534,022
Pension Plan Contributions$100,637$264,118-$364,755
All Other Expenses$39,465$168,064-$207,529
Fees for Services Management-$120,390-$120,390
Other Expenses$57,239$70,167-$70,167
Fees for Services Accounting-$13,644-$13,644
Travel-$10,266-$10,266
Conferences and Meetings-$1,725-$1,725
Total Functional Expenses$2,924,308$1,549,727$0$4,474,035
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
RESIDENTS' REFUNDABLE DEPOSITS$5,161,005
Due to Affiliates$4,570,510
Accrued Bond Interest$25,383

Bond Issues

BondIssuerIssuedIssue PricePurpose
ATax-exempt Revenue Bonds Series 2017a2017-01-10$7,635,935Refunding of previous tax-exempt bonds and capital expenditures

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,635,935$6,769,404-$140,597

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
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 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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization's parent organization, mississippi methodist senior services, inc., provides overall management services including operational management supervision, development and marketing, human resources management, legal and risk management services, and financial and accounting management, for which it is paid a management fee.

Form 990, Part VI, Section A, Line 6

The corporation has one member, mississippi methodist senior services, inc. (mmss), a non-stock, nonprofit corporation, exempt from federal income taxation under section 501(c)(3) of the internal revenue code. The board of directors of mmss shall vote the membership interest of mmss in the corporation. In all meetings of the membership, the member, mmss, shall be entitled to one vote, which vote shall constitute the action of the membership. The board of directors of mmss, at any duly held meeting of directors, shall have the authority to vote the membership interest of mmss in the corporation.

Form 990, Part VI, Section A, Line 7A

The corporation's nominating committee shall make recommendations to the mmss nominating committee for persons to serve on the corporation's board of directors. Nominations for persons to serve on the corporation's board of directors shall be made by the mmss nominating committee. Nominations may also be made by the membership. Any vacancy in the board of directors shall be filled for the unexpired term by the membership, in consultation with the corporation's board of directors.

Form 990, Part VI, Section A, Line 7B

The board of directors of the corporation shall adopt, and keep current, a statement of the corporation's purpose and major policies which shall be forwarded to the mmss board of directors for approval and modification. In addition, the board of directors may have delegated to it or rescinded from it by the mmss board of directors some or all of the following duties, responsibilities, and powers: (a) make provision for quality residential, long-term health care commensurate with community needs and resources. (b) recommend and implement board approved changes in bylaws, policies and procedures, for the operation of the corporation's facilities and services. (c) provide for the preparation of an annual operating and a three-year capital budget to be approved by the mmss board of directors and regularly review financial budget performance. (d) work cooperatively with local churches, social welfare and civic agencies, and the community at large to address the problems of the aging. (e) provide for the development, review and updating of long-range plan relating to needs of the elderly within the area of service. (f) adopt and implement a community relations and development program compatible with local needs and resources to broaden the local support and financial base of the corporation. (g) submit to the mmss board of directors such recommendations and comments as are appropriate regarding the corporation, in support of quality services for the elderly in the local community. (h) participate in the process of selection, review and retention of the executive director. (i) work cooperatively with mmss and its other affiliates, sharing responsibility for the welfare of the whole.

Form 990, Part VI, Section B, Line 11B

Form 990 and supporting schedules are available to all board members through their access to the organization's intranet posting. Mmss also reviews one form in one audit committee meeting each year.

Form 990, Part VI, Section B, Line 12C

A form is completed annually by officers, directors or trustees, and key employees that discloses interests that could give rise to conflicts. These forms are then reviewed by a compliance officer.

Form 990, Part VI, Section B, Line 15A

The organization does not compensate any officers or employees. All compensation is paid by the organization's parent, mississippi methodist senior services, inc.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Seashore Campgrounds Retirement Home
EIN
64-0429943
Phone
6628448977
Address
PO BOX 1567, TUPELO, MS 38802

Signing Officer

Name
Jim Zuelzke
Title
VP for Finance
Phone
6628448977
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Mcalilly
Formed
1961
Legal Domicile
Ms
Voting Board Members
19
Independent Board Members
16
Employees
126
Volunteers
309

Preparer

Firm
Horne Llp
Address
661 SUNNYBROOK ROAD STE 100, RIDGELAND, MS 39157
Preparer
Amie Whittington Dean CPA
Phone
6013261000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fee: program service expenses 715,697. Management and general expenses 41,760. Fundraising expenses 0. Total expenses 757,457.

FORM 990, PART XI, LINE 9:

Designated gift transfers - other 15,992.

FORM 990, PART XII, LINE 2C: INDEPENDENT ACCOUNTANT

The process for selecting and overseeing the independent accountant has not changed from the previous year.

Form 990, Page 1

Initial return and prior year 990 column: note: entity previously filed as a 990-pf but has received approval to file as a public charity for this year and going forward. Therefore, initial 990 box is checked and prior year 990 columns are zero.

Financial Statement Notes

PART X, LINE 2:

The company is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code ("irc") and is exempt from federal income taxes on related income pursuant to section 509(a) of the irc.

Raw XML AppendixShowing 400 of 929 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE VILLAS AT SEASHORE HIGHLANDS ARE DESIGNED FOR INDEPENDENT, ACTIVE OLDER ADULTS WHERE A VARIETY OF SERVICES ARE AVAILABLE.
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