Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
990 • Fiscal year 2023 • EIN 74-1403088
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Up$18,079,395
Up $1,328,101 (+7.9%) from 2022
Net Assets
Up$11,743,858
Up $864,380 (+7.9%) from 2022
Liabilities
Up$6,335,537
Up $463,721 (+7.9%) from 2022
Revenue
Down$6,183,819
Down $2,398,981 (-28%) from 2022
Expenses
Up$5,427,023
Up $450,583 (+9.1%) from 2022
Net Income
Down$756,796
Down $2,849,564 (-79%) from 2022
This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
The organization is the central support hub for methodist retirement communities and its affiliates, an organization committed to quality living for senior adults in faith-based environments. The organization takes great pride in seeing that our affiliates are an important part of the broader, local community where they serve seniors and provide employment in meeting our mission of service ministry to senior adults. The covenant connection with the texas annual conference of united methodists links the organization to its heritage and origin, though the entire system openly accepts persons of all faiths and beliefs; with no discrimination toward residents, staff, board members, volunteers, donors, vendors, etc. The organization encourages donations to our foundation to help our affiliates assist and retain residents who run low on funds or eventually even out of money through no fault of their own. The organization provides finance, accounting, human resources, technology, marketing, o
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Displayed year
2023 • Form 990Summary only. Only limited summary data is available for this year.
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