Civic Intelligence

Oklahoma Methodist Manor Inc

990 • Fiscal year 2018 • EIN 73-0648458

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 21, 2019

4134 East 31st StreetTulsa, OK 74135

(918) 743-2565

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.74x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

2.51x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

36th percentile

0.8%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

30th percentile

$244,831

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

41st percentile

1.0%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-7.3%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$71,919,622

Up $688,333 (+1.0%) from 2017

Net Assets

Down

$18,673,563

Down $563,495 (-2.9%) from 2017

Liabilities

Up

$53,246,059

Up $1,251,828 (+2.4%) from 2017

Revenue

Down

$21,207,728

Down $1,667,169 (-7.3%) from 2017

Expenses

Down

$21,047,542

Down $915,801 (-4.2%) from 2017

Net Income

Down

$160,186

Down $751,368 (-82%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $32,861,908Liabilities 2010: $14,229,683Net Assets 2010: $18,632,2252010Assets 2011: $48,660,859Liabilities 2011: $30,017,182Net Assets 2011: $18,643,6772011Assets 2012: $62,934,220Liabilities 2012: $47,211,152Net Assets 2012: $15,723,0682012Assets 2013: $66,400,224Liabilities 2013: $49,264,878Net Assets 2013: $17,135,3462013Assets 2014: $64,112,087Liabilities 2014: $48,094,184Net Assets 2014: $16,017,9032014Assets 2015: $66,832,930Liabilities 2015: $51,082,431Net Assets 2015: $15,750,4992015Assets 2016: $68,802,532Liabilities 2016: $51,050,135Net Assets 2016: $17,752,3972016Assets 2017: $71,231,289Liabilities 2017: $51,994,231Net Assets 2017: $19,237,0582017Assets 2018: $71,919,622Liabilities 2018: $53,246,059Net Assets 2018: $18,673,5632018Assets 2019: $80,304,488Liabilities 2019: $60,801,899Net Assets 2019: $19,502,5892019Assets 2020: $88,401,695Liabilities 2020: $70,583,697Net Assets 2020: $17,817,9982020Assets 2021: $88,930,044Liabilities 2021: $73,130,839Net Assets 2021: $15,799,2052021Assets 2022: $87,478,946Liabilities 2022: $76,600,294Net Assets 2022: $10,878,6522022Assets 2023: $88,071,705Liabilities 2023: $79,816,561Net Assets 2023: $8,255,1442023Assets 2024: $91,978,513Liabilities 2024: $80,123,228Net Assets 2024: $11,855,2852024

Highlighted filing

2018

Assets$71,919,622
Liabilities$53,246,059
Net Assets$18,673,563

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $10,415,2192010Expenses 2011: $11,017,4162011Expenses 2012: $15,647,2312012Revenue 2013: $19,596,110Expenses 2013: $18,463,304Net Income 2013: $1,132,8062013Revenue 2014: $18,791,691Expenses 2014: $19,839,495Net Income 2014: -$1,047,8042014Revenue 2015: $20,501,671Expenses 2015: $20,358,478Net Income 2015: $143,1932015Revenue 2016: $22,372,229Expenses 2016: $20,472,337Net Income 2016: $1,899,8922016Revenue 2017: $22,874,897Expenses 2017: $21,963,343Net Income 2017: $911,5542017Revenue 2018: $21,207,728Expenses 2018: $21,047,542Net Income 2018: $160,1862018Revenue 2019: $21,497,587Expenses 2019: $21,531,905Net Income 2019: -$34,3182019Revenue 2020: $20,156,723Expenses 2020: $22,708,188Net Income 2020: -$2,551,4652020Revenue 2021: $20,834,100Expenses 2021: $23,253,226Net Income 2021: -$2,419,1262021Revenue 2022: $20,901,598Expenses 2022: $24,817,208Net Income 2022: -$3,915,6102022Revenue 2023: $24,345,181Expenses 2023: $26,788,599Net Income 2023: -$2,443,4182023Revenue 2024: $25,536,161Expenses 2024: $26,601,078Net Income 2024: -$1,064,9172024

Highlighted filing

2018

Revenue$21,207,728
Expenses$21,047,542
Net Income$160,186
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 21, 2019
Return Version
2018v3.1
Gross Receipts
$21,207,728
Mission and Program Overview

Mission

The mission of oklahoma methodist manor is to improve the quality of life for seniors by providing housing, nutrition and health care services that meet the physical, emotional and spiritual needs of each resident. Building on christian principles and a commitment to continuous improvement, our vision is to be the preeminent partner in offering a comprehensive care community for senior adults and their families.

In the spirit of christ, the mission of oklahoma methodist manor is to improve the quality of life for seniors by providing housing, nutrition and health care services that meet the physical, emotional and spiritual needs of each resident.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$49,015,991$53,047,971▲ $4,031,980
Investments Other Securities$7,990,290$7,359,257▼ $631,033
Savings and Temporary Cash Investments$7,659,751$6,155,972▼ $1,503,779
Pledges and Grants Receivable$3,395,577$2,438,410▼ $957,167
Accounts Receivable$947,298$953,664▲ $6,366
Prepaid Expenses and Deferred Charges$160,601$165,574▲ $4,973
Inventories for Sale or Use$60,252$59,361▼ $891
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$71,231,289$71,919,622▲ $688,333
Other Assets Total$2,001,529$1,739,413▼ $262,116
Liabilities
Other Liabilities$34,743,427$36,038,812▲ $1,295,385
Mortgage Notes Payable Secured by Investment Property$16,191,012$15,179,511▼ $1,011,501
Accounts Payable and Accrued Expenses$1,035,880$2,015,497▲ $979,617
Deferred Revenue$23,912$12,239▼ $11,673
Total Liabilities$51,994,231$53,246,059▲ $1,251,828
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,743,231$11,624,697▲ $3,881,466
Permanently Rstr Net Assets$4,457,016$4,457,016→ $0
Unrestricted Net Assets$7,036,811$2,591,850▼ $4,444,961
Total Net Assets Fund Balance$19,237,058$18,673,563▼ $563,495
Total Liabilities and Net Assets / Fund Balance$71,231,289$71,919,622▲ $688,333

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$37,948,834$18,967,893$56,916,727
Other Land Buildings$6,584,675$1,167,026$7,751,701
Leasehold Improvements$4,475,719$2,201,392$6,677,111
Equipment$1,229,814$2,610,131$3,839,945
Land$2,808,929-$2,808,929

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,939,568-▼ $319,571$242,719$4,377,278
2017$4,438,128$6,372▲ $721,524$226,456$4,939,568
2016$4,248,403$102,405▲ $298,314$210,994$4,438,128
2015$4,624,358-▼ $150,694$225,261$4,248,403
2014$4,429,524$261,259▲ $156,536$222,961$4,624,358
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven DickieCEOFT$219,827$25,004$244,831
Cari OwensVP of Sales & MktFT$131,164$14,065$145,229
Dennis GrahamVP of OperationsFT$124,079$18,850$142,929
Matthew LoydVP of Hlth & WellFT$121,015$19,409$140,424
Scott MorganSr VP of Fin.FT$132,424$7,945$140,369
Bill PetersonVP of HRFT$105,727$12,538$118,265

Board Members and Trustees

NameTitle
Robert FunkChairman
Susie ButterworthVice President
Audrey ThompsonDirector
Beverly K SmithDirector
Brenda SelfDirector
Charles ColeDirector
Craig JonesDirector
Dave McCarthyDirector
Gail RunnelsDirector
Gary R BelitzDirector
Jim TaylorDirector
John MillerDirector
Kay OwensDirector
Kerry Malone StancavageDirector
Lynnwood MooreDirector
Mary BundrenDirector
Meredith DavisonDirector
Patricia CobbDirector
Rick EvansDirector
Robert PeruginoDirector
Rollie RhodesDirector
Sara BaileyDirector
Sarah EverettDirector
Tim HarrisDirector
Virginia WalkerDirector
Bill JunkAdvisory Direct
Bishop Jimmy NunnAdvisory Direct
Rev Cindy HavlikEx Officio
Stan TeterSecretary
Sharon EarleyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CDS Project ManagementConstruction2105 West Concord Circle, Broken Arrow, OK 74012$820,810
Boomer SolutionsPharmacy5415 S 125th E Ave, Tulsa, OK 74146$237,479
Landmark Outdoor ServicesGrounds Care10901 E 11th St, Tulsa, OK 74128$181,218
Key PersonnelTemp AgencyPO Box 21228, Tulsa, OK 74121$167,280
Revenue and Support

Revenue Composition

Contributions and Grants
$1,667,461
Program Service Revenue
$19,004,033
Investment Income
$380,663
Other Revenue
$155,571
All Other Contributions
$1,667,461
Change in Net Assets
$160,186

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$123,502Fair Market Value (FMV)
Total Noncash Contributions8$123,502-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,207,728
Revenue Not Reported on Form 990
$-723,530
Total Revenue per Audited Statements
$20,484,198
Total Revenue per Form 990
$21,207,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,632,381
Salaries, Compensation, and Employee Benefits$10,411,021
Total Fundraising Expense$144,929
Professional Fundraising Fees$4,140
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,800,126$773,794$35,112$7,609,032
Depreciation Depletion$3,114,905$25,298-$3,140,203
Other Employee Benefits$1,017,142$96,478$194$1,113,814
Other Expenses$895,193$10,485-$895,193
Current Officers, Directors, Trustees, and Key Employees$742,470$83,424$8,342$834,236
All Other Expenses$756,247$70,533-$826,780
Interest$763,001--$763,001
Payroll Taxes$555,603$65,834$1,900$623,337
Insurance$274,610$86,613-$361,223
Office Expenses$180,025$8,754$90,652$279,431
Pension Plan Contributions$159,983$70,619-$230,602
Information Technology$182,127$22,082-$204,209
Advertising$160,196$19,709-$179,905
Fees for Services Other$147,681$12,595$4,589$164,865
Travel$26,757$24,283-$51,040
Conferences and Meetings$30,535--$30,535
Fees for Services Accounting-$25,200-$25,200
Fees for Services Legal-$8,668-$8,668
Fees for Services Professional Fundraising--$4,140$4,140
Total Functional Expenses$19,498,244$1,404,369$144,929$21,047,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,047,542
Total Expenses per Audited Statements$21,047,542
Total Expenses per Form 990$21,047,542
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,140
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dave McCarthySee belowBank loan, LOCNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Fees$24,939,450
Unearned Income$10,541,461
unearned membership fees$363,937
other unearned and reservation fees$193,964
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

The return was provided to all board members for review and comments before it was filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, directors, and key employees (if any) are included. The responders indicate if there is any potential conflict(s). The cfo and ceo will initially review conflicts with audit firm then review it with the board treasurer and president if the conflict is not in compliance with the policy. There have been no conflicts presented for review or restrictions imposed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The compensation for the ceo is approved by the executive committee after completing a review of comparable data.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

BY REQUEST

Filing and Contact Details

Filer

Filer Name
Oklahoma Methodist Manor Inc
EIN
73-0648458
Phone
9187432565
Address
4134 East 31st Street, Tulsa, OK 74135

Signing Officer

Name
Scott M Morgan
Title
Sr VP of Fin
Signed
2019-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Dickie
Formed
1956
Legal Domicile
Ok
Voting Board Members
28
Independent Board Members
28
Employees
307
Volunteers
170

Preparer

Firm
Morse & Co PLLC
Address
5121 South Wheeling Avenue Suite 20, Tulsa, OK 74105-6421
Preparer
Tim L Roberts CPA
Phone
9187491040
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Manor's endowments consist of twenty-three individual donor-restricted endowments and established to benefit operations and specific programs. All of the endowments resulted from Charitable Gift Annuity contracts or other agreements between the donor and The Oklahoma United Methodist Foundation (OKUMF) located in Oklahoma City, Oklahoma. In all cases, donors stipulated that after the donor's death, the remaining principal will be placed in permanently restricted endowments held and invested by OKUMF for exclusive benefit of the Manor. In addition, the donors instructed that distributions are to be paid to the Manor as unrestricted or temporarily restricted distributions. OKUMF places the Manor's endowment funds with Wespath Investment Management which is a division of Wespath Benefits and Investments, a general agency of The United Methodist Church. The endowment funds are invested in the Wespath Multiple Asset Fund (MAF). The investment style of this fund is 65% Equities and 35% fixed income. For the years ended December 31, 2018 and 2017 the return on fund assets was 6.5% and 16.9%, respectfully. The MAF assets were $5.8 billion as of January 31, 2018, and has an expense ratio of 0.62%.The OKUMF's investment objective is to achieve superior, long-term performance, while at the same time maximizing current income. Investment goals are formulated to earn returns over the long term that equal or exceed the spending policy rates plus the impact of inflation.

Part X : FIN48 Footnote

The manor has adopted the provisions of fasb accounting standards codification topic asc 740-10 (previously financial interpretation no. 48, accounting for uncertainty in income taxes.) the implementation of this standard had no impact on the financial statements. As of both the adoption date and at december 31, 2018, the unrecognized tax benefit accrual was zero.

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IRS990/Desc0Oklahoma Methodist Manor (OMM) served an average of 380 persons throughout a full continuum of care including independent residential living, assisted living, rehabilitative therapy, nursing care and skilled memory care.GovernanceSusie Butterworth was named President of the Board. Jim Taylor was installed as Vice President. Bob Funk stepped down after serving for six years as President.The 28-member board meets monthly and is responsible for upholding the mission and setting the strategic direction for the organization.The Member Council includes 12 elected representatives. The Council advises the CEO and senior staff on issues that affect community life and assists with communications and public relations.PhilanthropyPhase II of the Generation to Generation Campaign secured 49 new or renewed commitments totaling $2.1 million. To date $3.9 million has been raised toward $4.9 million needed to fund the new Community Life Center.Progress continues on the new three-story Holliman Assisted Living Center. The building will include a new main kitchen, office space, a salon and a new dining venue. It is scheduled to be ready for move-in in the fall of 2019.Once the existing structure is demolished work will begin on two memory care assisted living households each serving 12 residents.In addition, construction will begin on the Community Life Center.The Supplemental Aid Fund provided financial assistance to 20 Medicaid recipients.WellnessJennifer Rawlings was hired as Vice President of Wellness. She leads a team of eight staff members whose roles include wellness, life enrichment and spiritual life.Over 90% of community members in residential living have completed orientation in the Spann Wellness Center. Over 100 people visited SWC at least once a week. The average was 61 visits a day. The member-run Bargain Basement thrift store earned $7,700 for the Supplemental Aid Fund. OperationsTotal campus occupancy (337 residences) was 93%.The Project Management Team remodeled eight villas and patio homes in 2018. The Housekeeping and Maintenance teams completed 50,400 work orders in 2018.Approximately 85% of these work orders were completed within 24 hours of submission.The Transportation Team completed 2,550 trips in 2018.The Dining Services Team served approximately 220,000 meals in 2018.A full day of Red Carpet Customer Service training was provided to 83 employees. Health ServicesAll new caregivers received training in the Eden Alternative. Since 2013, OMM has trained 129 Certified Eden Associates.OMM received a 3 Star rating from the Centers for Medicare & Medicaid Services (CMS). Work continues on efforts to improve survey performance, and we are proud to receive recognition for our robust caregiver-to-resident ratio.OMM served as a clinical site for students in OU, ORU and Tulsa Techs nursing programs. OMM also served as a clinical site for doctors in the Family Practice Residency Program at OU.Throughout 2018, 343 individuals moved into the Health Care Households, most of whom experienced a short-term, rehabilitative stay following a recent hospitalization. The average length of a rehabilitative stay was 22.6 days.Twenty-six individuals moved into the Holliman Living Center throughout 2018. The average length of stay in Holliman is more than 14 months.Community PartnershipsOMM partners with other organizations and charities for the betterment of the Tulsa community. These partners include Spot 31 tutoring program at St. Matthews UMC, Alzheimers Association, Community Food Bank, Goodwill, H.O.W. Foundation, St. Francis Hospital Neonatal ICU, Neighbor for Neighbor, and others.OMM provided housing for 13 college-age Project Transformation volunteers during their summer camp program for children from low-income communities.OMM provided low-cost housing for two Home Missionaries on staff with Restore Hope.The Student-Artist-In-Residence Program was launched which will introduce Drama Therapy into the long-term care households. During the
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice President

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.0$80.1$11.9$25.5$26.6$1.06
2023Summary only. Only limited summary data is available for this year.$88.1$79.8$8.26$24.3$26.8$2.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.5$76.6$10.9$20.9$24.8$3.92
2021Summary only. Only limited summary data is available for this year.$88.9$73.1$15.8$20.8$23.3$2.42
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.4$70.6$17.8$20.2$22.7$2.55
2019Summary only. Only limited summary data is available for this year.$80.3$60.8$19.5$21.5$21.5$0.03
2018Detailed filing. Detailed filing data is available for this year.$71.9$53.2$18.7$21.2$21.0$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.2$52.0$19.2$22.9$22.0$0.91
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.8$51.1$17.8$22.4$20.5$1.90
2015Detailed filing. Detailed filing data is available for this year.$66.8$51.1$15.8$20.5$20.4$0.14
2014Detailed filing. Detailed filing data is available for this year.$64.1$48.1$16.0$18.8$19.8$1.05
2013Detailed filing. Detailed filing data is available for this year.$66.4$49.3$17.1$19.6$18.5$1.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.9$47.2$15.7$15.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.7$30.0$18.6$11.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.9$14.2$18.6$10.4