Civic Intelligence

Oklahoma Methodist Manor Inc

990 • Fiscal year 2019 • EIN 73-0648458

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 02, 2020

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

84th percentile

0.76x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

2.83x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

32nd percentile

-0.2%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

32nd percentile

$254,526

Higher top officer pay than 32% of similar nonprofits.

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

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.4%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Flat

$80,304,488

Flat from 2019

Net Assets

Flat

$19,502,589

Flat from 2019

Liabilities

Flat

$60,801,899

Flat from 2019

Revenue

Flat

$21,497,587

Flat from 2019

Expenses

Flat

$21,531,905

Flat from 2019

Net Income

Flat

-$34,318

Flat from 2019

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 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

2019

Assets$80,304,488
Liabilities$60,801,899
Net Assets$19,502,589

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 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

2019

Revenue$21,497,587
Expenses$21,531,905
Net Income-$34,318
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 2, 2020
Return Version
2019v5.0
Gross Receipts
$21,497,587
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$53,047,971$63,619,936▲ $10,571,965
Investments Other Securities$7,359,257$8,221,025▲ $861,768
Savings and Temporary Cash Investments$6,155,972$3,828,289▼ $2,327,683
Pledges and Grants Receivable$2,438,410$1,961,930▼ $476,480
Accounts Receivable$953,664$906,578▼ $47,086
Prepaid Expenses and Deferred Charges$165,574$207,963▲ $42,389
Inventories for Sale or Use$59,361$81,470▲ $22,109
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$71,919,622$80,304,488▲ $8,384,866
Other Assets Total$1,739,413$1,477,297▼ $262,116
Liabilities
Other Liabilities$36,038,812$37,305,609▲ $1,266,797
Mortgage Notes Payable Secured by Investment Property$15,179,511$20,294,312▲ $5,114,801
Accounts Payable and Accrued Expenses$2,015,497$2,801,963▲ $786,466
Deferred Revenue$12,239$400,015▲ $387,776
Total Liabilities$53,246,059$60,801,899▲ $7,555,840
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,591,850$12,705,091▲ $10,113,241
Net Assets With Donor Restrictions$16,081,713$6,797,498▼ $9,284,215
Total Net Assets Fund Balance$18,673,563$19,502,589▲ $829,026
Total Liabilities and Net Assets / Fund Balance$71,919,622$80,304,488▲ $8,384,866

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$57,659,798$18,709,457$76,369,255
Equipment$1,181,098$2,708,576$3,889,674
Land$2,840,722-$2,840,722
Leasehold Improvements$1,411,346$1,362,781$2,774,127
Other Land Buildings$526,972$1,342,129$1,869,101

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,377,278-▲ $863,345$218,798$5,021,825
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven DickieCEOFT$226,422$28,104$254,526
Scott MorganSr VP of Fin.FT$136,397$8,184$144,581
Matthew LoydVP of Health SvcsFT$122,265$19,634$141,899
Dennis GrahamVP of OperationsFT$125,414$14,820$140,234
Cari OwensVP of Sales & MktFT$125,380$13,783$139,163
Bill PetersonVP of HRFT$108,898$11,394$120,292

Board Members and Trustees

NameTitle
Susie ButterworthPresident
Jim TaylorVice President
Beverly K SmithDirector
Bob FunkDirector
Charles ColeDirector
Craig JonesDirector
Curtis CraigDirector
Dave McCarthyDirector
David RunnelsDirector
Gary R BelitzDirector
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
Virgina WalkerDirector
Bill JunkAdvisor
Bishop Jimmy NunnAdvisor
Rev Cindy HavlikEx Officio
Stan TeterSecretary
Sharon EarleyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CDS Project ManagementConstructionPO Box 1588, Broken Arrow, OK 74013$945,121
Summit Care IncTherapy services6830 W 121st Ct, Overland Park, KS 66209$805,145
Landmark Outdoor ServicesGrounds Care10901 E 11th St, Tulsa, OK 74128$338,803
Spellman Brady & CompanyInterior planning8251 Maryland Ave, St Louis, MO 63105$335,475
SilverTree Technology LLCI.T. services4021 S Harvard, Tulsa, OK 74135$315,510
Revenue and Support

Revenue Composition

Contributions and Grants
$1,581,392
Program Service Revenue
$19,453,042
Investment Income
$350,100
Other Revenue
$113,053
All Other Contributions
$1,581,392
Change in Net Assets
$-34,318

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Securities Publicly Traded$200,947Fair Market Value (FMV)
Total Noncash Contributions$200,947-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,497,587
Revenue Not Reported on Form 990
$863,344
Total Revenue per Audited Statements
$22,360,931
Total Revenue per Form 990
$21,497,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,882,161
Other Expenses$10,648,364
Total Fundraising Expense$108,704
Professional Fundraising Fees$1,380
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,615,914$796,152$79,141$8,491,207
Depreciation Depletion$3,239,347$34,459-$3,273,806
Other Employee Benefits$1,030,316$59,727$186$1,090,229
Other Expenses$953,162$8,826-$953,162
Interest$713,212--$713,212
Payroll Taxes$578,824$68,679$3,633$651,136
All Other Expenses$553,346$78,206$592$632,144
Current Officers, Directors, Trustees, and Key Employees$358,877$37,037$3,193$399,107
Insurance$289,824$86,613-$376,437
Pension Plan Contributions$201,990$48,492-$250,482
Office Expenses$192,803$12,256$16,268$221,327
Information Technology$166,436$20,719-$187,155
Advertising$158,085$20,327-$178,412
Fees for Services Other$149,515$11,924$2,491$163,930
Travel$14,031$34,236-$48,267
Conferences and Meetings$44,455-$1,820$46,275
Fees for Services Accounting-$26,400-$26,400
Fees for Services Legal-$6,568-$6,568
Fees for Services Professional Fundraising--$1,380$1,380
Total Functional Expenses$20,072,580$1,350,621$108,704$21,531,905

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,531,905
Total Expenses per Audited Statements$21,531,905
Total Expenses per Form 990$21,531,905
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,380
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$26,699,530
Unearned Income$10,255,009
other unearned and reservation fees$215,744
unearned membership fees$135,326
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
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, 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
2020-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Dickie
Formed
1956
Legal Domicile
Ok
Voting Board Members
27
Independent Board Members
27
Employees
311
Volunteers
160

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 beneficial interest in endowments consist of individual donor-restricted endowments and established to benefit operations and specific programs. 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 the exclusive benefit of the Manor. In addition, the donors instructed that distributions are to be paid to the Manor as without restrictions or with restrictions. 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, 2019 and 2018 the return on fund assets was 20.3% and (6.9%), respectfully. The MAF assets were $6.1 billion as of December 31, 2019, and has an expense ratio of 0.58%.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, 2019, the unrecognized tax benefit accrual was zero.

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IRS990/Desc0OMM served an average of 386 people providing a full continuum of care including independent residential living, assisted living, rehabilitative therapy, nursing care and skilled memory care.GovernanceSusie Butterworth served as President of the Board. The 27-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 residents. The Council advises the CEO and senior staff on issues that affect community life and assists with communications and public relations.FinanceSound levels of cash reserves were maintained throughout the year ranging from 122 to 148 days cash on hand. The year ended with $6.9 million of unrestricted cash. Total Campus Occupancy (334 residences) ranged from 91% to 96% averaging 93% for the year.Operating expenses for member services consistently stayed below fees received.PhilanthropyPhase I of the Generation to Generation Campaign is complete. The new three-story Holliman Center is open and is home to 40 residents, a new main kitchen, Cypress Grille restaurant, Tranquility Wellness Spa, and Churchill Creative Studio.Funding for Phase II of the Generation to Generation Campaign was secured. The funds will be used to construct two new Memory Care Assisted Living Households and a Community Life Center. With help from dozens of campaign volunteers, the donors responded with hundreds of individual gifts, pushing the overall total to over $13.4 million.The Marshall-Gaddy House is made possible by Paula Marshall in honor of her mother and godmother. The Barnes House is made possible by Jim and Mary Barnes. Each one-story, free-standing household will feature 12 private rooms, common spaces, and attractively landscaped outdoor spaces.With the official move to the new Holliman Center, OMM was able to provide building materials from the old building to three other Tulsa area non-profit organizations. Donations included windows, doors, HVAC units, microwaves, cabinets, sinks and many other household items.The 14,000 sq. ft. Community Life Center will feature a theater, stage, event seating for over 250 people. Construction on all three buildings is projected to be complete in mid-2021.WellnessThe Supplemental Aid Fund provided financial assistance to 24 Medicaid recipients.The Supplemental Aid Campaign raised $83,254 which was a 62% increase over 2018. The Employee Appreciation Fund raised $69,575 which was a 47% increase over 2018. The member-operated Bargain Basement thrift store earned $8,446 for the Supplemental Aid Fund.Funds were raised for the pilot program for Student Interns from Nathan Hale High School. Donors provided over $27,000 to host eight students for a semester.WellnessMore than 50% of OMM community members in Independent Living and Assisted Living participated in the Senior Fitness Test.There were over 12,000 visits to fitness classes that were offered by the Wellness Team.During the Maintain Dont Gain Challenge 85% of the members that participated either improved or maintained muscle and fat ratio over the holiday season.OMM became a Dementia Friendly Community and provided dementia support and training to members on a monthly basis. OMM Member Volunteer "Movie Techs" showed 50 movies to the community. OMMs Own Summer School Teachers taught 102 of their fellow Members: Emily Wood, Around the World with the Tulsa Global Alliance; Doris Piatak, Adept at Dailiness: Contemporary Women Poets Speak to Us; Kenneth Weston, Basics of DNA and Life; Sue Venable, C.S. Lewis: The Man and His Writings and Donald Hertzler, Wondering about Water.OperationsTotal campus occupancy (334 residences) averaged 93%.The Project Management Team remodeled seven villas and patio homes in 2019. The Housekeeping and Maintenance teams completed 51,000 work orders in 2019.Approximately 87% of these work orders were completed within 24 hours of submission.The Transportation Team completed 2,675 trips in 2019.The Dining S
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Sr VP of Fin.
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OF HEALTH SVCS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP OF SALES & MKT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP of HR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer

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.$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
2019Detailed filing. Detailed filing data is available for this year.$80.3$60.8$19.5$21.5$21.5$0.03
2019Summary only. Only limited summary data is available for this year.$80.3$60.8$19.5$21.5$21.5$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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