Civic Intelligence

Methodist Retirement Communities

990 • Fiscal year 2014 • EIN 74-2989751

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

Organization ProfileWWW.MRCAFF.ORG
1440 Lake Front Circle No 110The Woodlands, TX 77380

(281) 363-2600

Siviq Scores

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

Liabilities / Assets

98th percentile

2.16x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

3.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

64th percentile

8.7%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

43rd percentile

0.2%

Faster asset growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

1.4%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$948,653

Up $1,924 (+0.2%) from 2013

Net Assets

Up

-$1,100,033

Up $47,043 (+4.1%) from 2013

Liabilities

Down

$2,048,686

Down $45,119 (-2.2%) from 2013

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin64th percentile

Revenue

Up

$540,283

Up $7,363 (+1.4%) from 2013

Expenses

Down

$493,240

Down $64,743 (-12%) from 2013

Net Income

Up

$47,043

Up $72,106 (+288%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,116,192Liabilities 2010: $2,165,950Net Assets 2010: -$1,049,7582010Assets 2011: $1,053,089Liabilities 2011: $2,162,615Net Assets 2011: -$1,109,5262011Assets 2012: $1,006,428Liabilities 2012: $2,128,449Net Assets 2012: -$1,122,0212012Assets 2013: $946,729Liabilities 2013: $2,093,805Net Assets 2013: -$1,147,0762013Assets 2014: $948,653Liabilities 2014: $2,048,686Net Assets 2014: -$1,100,0332014Assets 2015: $965,201Liabilities 2015: $2,015,964Net Assets 2015: -$1,050,7632015

Highlighted filing

2014

Assets$948,653
Liabilities$2,048,686
Net Assets-$1,100,033
Open 2014 Filing

Operations Trend

Revenue Growth43rd percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $610,7352010Expenses 2011: $579,9172011Expenses 2012: $543,3252012Revenue 2013: $532,920Expenses 2013: $557,983Net Income 2013: -$25,0632013Revenue 2014: $540,283Expenses 2014: $493,240Net Income 2014: $47,0432014Revenue 2015: $545,852Expenses 2015: $496,582Net Income 2015: $49,2702015

Highlighted filing

2014

Revenue$540,283
Expenses$493,240
Net Income$47,043
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$540,283
Mission and Program Overview

Mission

The organization is committed to quality living for senior adults in a faith-based environment. The organization takes great pride in being an important part of the broader, local community where it serves seniors and provides local employment in meeting its 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 organization openly accepts persons of all faiths and beliefs; with no discrimination toward residents, staff, board members, volunteers, donors, vendors, etc. The organization accepts donations, usually through the mrc foundation, to assist and retain residents who outlive their resources and run low on funds or eventually even out of money through no fault of their own. The organization provides services, programs, activities, care and housing to seniors in independent/residential living apartments, assisted living apartments, specialty memory sup

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$618,707$579,117▼ $39,590
Savings and Temporary Cash Investments$173,138$217,300▲ $44,162
Cash and Non-Interest-Bearing Accounts$21,855$22,413▲ $558
Accounts Receivable$2,925$3,648▲ $723
Prepaid Expenses and Deferred Charges$5,024$2,095▼ $2,929
Total Assets$946,729$948,653▲ $1,924
Other Assets Total$125,080$124,080▼ $1,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,031,568$1,998,376▼ $33,192
Accounts Payable and Accrued Expenses$50,220$38,527▼ $11,693
Other Liabilities$12,017$11,783▼ $234
Total Liabilities$2,093,805$2,048,686▼ $45,119
Net Assets / Fund Balance
Unrestricted Net Assets$-1,147,076$-1,100,033▲ $47,043
Total Net Assets Fund Balance$-1,147,076$-1,100,033▲ $47,043
Total Liabilities and Net Assets / Fund Balance$946,729$948,653▲ $1,924

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$380,826$1,510,874$1,891,700
Other Land Buildings$63,046$117,994$181,040
Land$134,983-$134,983
Equipment$262$48,284$48,546
Other Assets Org$11,783--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Mr Harold ErmsharInterim Executive Director-$136,827$136,827
Mrs Amy ThomasExecutive Director-$128,529$128,529
Mr Matthew CurrieVP/executive DirectorPT$126,848$126,848
Mrs Alyssa AdamVP Marketing-$120,291$120,291
Ms Cindy BeggsTreasurerPT$53,136$53,136
Mrs Donna WilliamsSecretaryPT$44,441$44,441

Board Members and Trustees

NameTitle
Mrs Anita R HoelscherChair
Mr Ronald E JennettePresident
Mr David HackethornVice Chair
Dr Patricia K GusemanDirector
Mr Joe G HanoverDirector
Mr John C HicksDirector
Mrs Laura CornDirector
Mrs Reba C RagsdaleDirector
Rev Bill K ArmstrongDirector
Rev Jack a WomackDirector
Mr Charles ChildressVP
Mr Bradley StewartVP Finance/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$11,634
Program Service Revenue
$517,537
Investment Income
$113
Other Revenue
$10,999
Change in Net Assets
$47,043

Audited Revenue Reconciliation

Revenue per Audited Statements
$540,283
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-5,816
Total Revenue per Audited Statements
$534,467
Total Revenue per Form 990
$540,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$368,667
Salaries, Compensation, and Employee Benefits$124,573
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,629$40,978-$115,607
Interest$66,270$36,388-$102,658
Depreciation Depletion$36,097$19,820-$55,917
Occupancy$35,305$19,385-$54,690
Insurance$26,293$14,438-$40,731
Office Expenses$12,541$6,886-$19,427
Fees for Services Management$12,231$6,716-$18,947
Fees for Services Accounting$8,954$4,917-$13,871
Information Technology$5,933$3,257-$9,190
Payroll Taxes$5,126$2,815-$7,941
Fees for Services Other$2,017$1,107-$3,124
Travel$1,935$1,063-$2,998
Pension Plan Contributions$662$363-$1,025
Advertising$238$130-$368
Other Expenses$-99$-54-$-153
Total Functional Expenses$318,407$174,833$0$493,240

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$493,240
Expenses per Audited Statements$487,424
Total Expenses per Audited Statements$487,424
Expenses Not Reported on Financial Statements$5,816
Other Expense Adjustments$5,816
Expenses Not Reported on Form 990$0
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
Security Deposit$11,783
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The management company of this entity is mrc, a related organization.”

Form 990, Part VI, Section A, Line 6

“Methodist retirement communities approves appointment of the board of directors.”

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

“Methodist retirement communities, a related organization, approves appointment of the board of directors.”

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

“Methodist retirement communities, a related organization, has a right to approve or reject any decisions made by the governing body.”

Form 990, Part VI, Section B, Line 11

“The management team currently reviews all form 990's prior to filing with the irs. They compare the results to the audited financial statements and review all disclosure information. The 990 is made available to the board for their review.”

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

“The organization requires signed affidavit identifying conflict of interest by annual board meeting of mrc each year.”

Form 990, Part VI, Section B, Line 15

“Salary for the ceo, executive director, or top management official is set by the mrc board. In deciding compensation of other officers or key employees human resources collects comparability data from industry resources related to all industry-related positions. This is shared with appropriate supervisors or others in approval process. Vp of hr collects comparalibity data from industry resources related to all industry-related positions. Each location submits recommendations within wage scale parameters to ceo. Ceo approves within board approved budgeted guidelines.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Mrc Crestview Place
EIN
74-2989751
Phone
2813632600
Address
1440 LAKE FRONT CIRCLE NO 110, THE WOODLANDS, TX 77380

Signing Officer

Name
Don Stephens
Title
CFO
Phone
2813632600
Signed
2015-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Jennette
Formed
2001
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
30

Preparer

Firm
Cliftonlarsonallenllp
Address
5001 SPRING VALLEY ROAD SUITE 600W, DALLAS, TX 75244
Preparer
Michael Siegel
Phone
9723835700
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has a committee which assumes responsibility for choosing the independent auditor and oversight of the independent audit. This process is consistent with prior years.”

Financial Statement Notes

PART X, LINE 2:

“The project's income tax returns are subject to review and examination by federal, state, and local authorities. The project is not aware of any activities that would jeopardize its tax-exempt status. The project is not aware of any activities that are subject to tax on unrelated business income or excise or other taxes. The project's 2011 through 2014 tax years are open to examination by the irs.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“CABLE TV -5,816.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“CABLE TV 5,816.”

Raw XML AppendixShowing 400 of 853 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt050220
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038527
IRS990/AccountsReceivableGrp/BOYAmt02925
IRS990/AccountsReceivableGrp/EOYAmt03648
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. THE ORGANIZATION TAKES GREAT PRIDE IN BEING AN IMPORTANT PART OF THE BROADER, LOCAL COMMUNITY WHERE IT SERVES SENIORS AND PROVIDES LOCAL EMPLOYMENT IN MEETING ITS 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 ORGANIZATION OPENLY ACCEPTS PERSONS OF ALL FAITHS AND BELIEFS; WITH NO DISCRIMINATION TOWARD RESIDENTS, STAFF, BOARD MEMBERS, VOLUNTEERS, DONORS, VENDORS, ETC. THE ORGANIZATION ACCEPTS DONATIONS, USUALLY THROUGH THE MRC FOUNDATION, TO ASSIST AND RETAIN RESIDENTS WHO OUTLIVE THEIR RESOURCES AND RUN LOW ON FUNDS OR EVENTUALLY EVEN OUT OF MONEY THROUGH NO FAULT OF THEIR OWN. THE ORGANIZATION PROVIDES SERVICES, PROGRAMS, ACTIVITIES, CARE AND HOUSING TO SENIORS IN INDEPENDENT/RESIDENTIAL LIVING APARTMENTS, ASSISTED LIVING APARTMENTS, SPECIALTY MEMORY SUP
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0130
IRS990/AdvertisingGrp/ProgramServicesAmt0238
IRS990/AdvertisingGrp/TotalAmt0368
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RENEE SKILLERN
IRS990/BooksInCareOfDetail/PhoneNum02812100127
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01440 LAKE FRONT CIRCLE STE 110
IRS990/BooksInCareOfDetail/USAddress/CityNm0THE WOODLANDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077380
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021855
IRS990/CashNonInterestBearingGrp/EOYAmt022413
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011634
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0113
IRS990/CYOtherExpensesAmt0368667
IRS990/CYOtherRevenueAmt010999
IRS990/CYProgramServiceRevenueAmt0517537
IRS990/CYRevenuesLessExpensesAmt047043
IRS990/CYSalariesCompEmpBnftPaidAmt0124573
IRS990/CYTotalExpensesAmt0493240
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0540283
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt019820
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036097
IRS990/DepreciationDepletionGrp/TotalAmt055917
IRS990/Desc0THE ORGANIZATION PROVIDED NURSING ASSISTANCE AND HOUSING FOR ALL OF THE ELDERLY RESIDENTS THEY SERVE. AT THIS LOCATION, THIS IS ACCOMPLISHED THROUGH THE PROVISION OF SERVICES, PROGRAMS, ACTIVITIES, HOUSING AND CARE IN SEVERAL SETTINGS TO INCLUDE RESIDENTIAL AND ASSISTED LIVING APARTMENTS, SKILLED NURSING UNITS, REHABILITATION THERAPIES AND HOME HEALTH.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0318407
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04917
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08954
IRS990/FeesForServicesAccountingGrp/TotalAmt013871
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt06716
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012231
IRS990/FeesForServicesManagementGrp/TotalAmt018947
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01107
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02017
IRS990/FeesForServicesOtherGrp/TotalAmt03124
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt77.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt923.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1339.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1439.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1530.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt236366
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt122850
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1311208
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1410642
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt158229
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1610503
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1716997
IRS990/Form990PartVIISectionAGrp/PersonNm0MRS ANITA R HOELSCHER
IRS990/Form990PartVIISectionAGrp/PersonNm1MR DAVID HACKETHORN
IRS990/Form990PartVIISectionAGrp/PersonNm2MR RONALD E JENNETTE
IRS990/Form990PartVIISectionAGrp/PersonNm3REV BILL K ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm4MRS LAURA CORN
IRS990/Form990PartVIISectionAGrp/PersonNm5DR PATRICIA K GUSEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MR JOE G HANOVER
IRS990/Form990PartVIISectionAGrp/PersonNm7MR JOHN C HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm8MRS REBA C RAGSDALE
IRS990/Form990PartVIISectionAGrp/PersonNm9REV JACK A WOMACK
IRS990/Form990PartVIISectionAGrp/PersonNm10MRS DONNA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm11MS CINDY BEGGS
IRS990/Form990PartVIISectionAGrp/PersonNm12MR BRADLEY STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm13MRS ALYSSA ADAM
IRS990/Form990PartVIISectionAGrp/PersonNm14MR CHARLES CHILDRESS
IRS990/Form990PartVIISectionAGrp/PersonNm15MR MATTHEW CURRIE
IRS990/Form990PartVIISectionAGrp/PersonNm16MR HAROLD ERMSHAR
IRS990/Form990PartVIISectionAGrp/PersonNm17MRS AMY THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2270495
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1044441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1153136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12184461
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13109083
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14152367
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15118619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16126324
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17111532
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP FINANCE/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP/EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt011634
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0540283
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03257
IRS990/InformationTechnologyGrp/ProgramServicesAmt05933
IRS990/InformationTechnologyGrp/TotalAmt09190
IRS990/InsuranceGrp/ManagementAndGeneralAmt014438
IRS990/InsuranceGrp/ProgramServicesAmt026293
IRS990/InsuranceGrp/TotalAmt040731
IRS990/InterestGrp/ManagementAndGeneralAmt036388
IRS990/InterestGrp/ProgramServicesAmt066270
IRS990/InterestGrp/TotalAmt0102658
IRS990/InvestmentIncomeGrp/ExclusionAmt0113
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0113
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01677152
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0618707
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0579117
IRS990/LandBldgEquipCostOrOtherBssAmt02256269
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. THE ORGANIZATION TAKES GREAT PRIDE IN BEING AN IMPORTANT PART OF THE BROADER, LOCAL COMMUNITY WHERE IT SERVES SENIORS AND PROVIDES LOCAL EMPLOYMENT IN MEETING ITS 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 ORGANIZATION OPENLY ACCEPTS PERSONS OF ALL FAITHS AND BELIEFS; WITH NO DISCRIMINATION TOWARD RESIDENTS, STAFF, BOARD MEMBERS, VOLUNTEERS, DONORS, VENDORS, ETC. THE ORGANIZATION ACCEPTS DONATIONS, USUALLY THROUGH THE MRC FOUNDATION, TO ASSIST AND RETAIN RESIDENTS WHO OUTLIVE THEIR RESOURCES AND RUN LOW ON FUNDS OR EVENTUALLY EVEN OUT OF MONEY THROUGH NO FAULT OF THEIR OWN. THE ORGANIZATION PROVIDES SERVICES, PROGRAMS, ACTIVITIES, CARE AND HOUSING TO SENIORS IN INDEPENDENT/RESIDENTIAL LIVING APARTMENTS, ASSISTED LIVING APARTMENTS, SPECIALTY MEMORY SUP
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02031568
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01998376
IRS990/NetAssetsOrFundBalancesBOYAmt0-1147076
IRS990/NetAssetsOrFundBalancesEOYAmt0-1100033
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019385
IRS990/OccupancyGrp/ProgramServicesAmt035305
IRS990/OccupancyGrp/TotalAmt054690
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06886
IRS990/OfficeExpensesGrp/ProgramServicesAmt012541
IRS990/OfficeExpensesGrp/TotalAmt019427
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125080
IRS990/OtherAssetsTotalGrp/EOYAmt0124080
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VEHICLE & MAINTENANCE E
IRS990/OtherExpensesGrp/Desc1DUES & LICENSES
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3MISC. ADMIN EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1516
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt260
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3-54
IRS990/OtherExpensesGrp/ProgramServicesAmt029226
IRS990/OtherExpensesGrp/ProgramServicesAmt1940
IRS990/OtherExpensesGrp/ProgramServicesAmt2109
IRS990/OtherExpensesGrp/ProgramServicesAmt3-99
IRS990/OtherExpensesGrp/TotalAmt045274
IRS990/OtherExpensesGrp/TotalAmt11456
IRS990/OtherExpensesGrp/TotalAmt2169
IRS990/OtherExpensesGrp/TotalAmt3-153
IRS990/OtherLiabilitiesGrp/BOYAmt012017
IRS990/OtherLiabilitiesGrp/EOYAmt011783
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDROMAT
IRS990/OtherRevenueMiscGrp/ExclusionAmt06117
IRS990/OtherRevenueMiscGrp/ExclusionAmt14882
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06117
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14882
IRS990/OtherRevenueTotalAmt010999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040978
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074629
IRS990/OtherSalariesAndWagesGrp/TotalAmt0115607
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02815
IRS990/PayrollTaxesGrp/ProgramServicesAmt05126
IRS990/PayrollTaxesGrp/TotalAmt07941
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0363
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0662
IRS990/PensionPlanContributionsGrp/TotalAmt01025
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05024
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02095
IRS990/PrincipalOfficerNm0RON JENNETTE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0517537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0517537
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt011081
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0161
IRS990/PYOtherExpensesAmt0451723
IRS990/PYOtherRevenueAmt010787
IRS990/PYProgramServiceRevenueAmt0510891
IRS990/PYRevenuesLessExpensesAmt0-25063
IRS990/PYSalariesCompEmpBnftPaidAmt0106260
IRS990/PYTotalExpensesAmt0557983
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0532920
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt047043
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0517537
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0173138
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0217300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUES - 2010 AMOUNT: $ 9,089. 2011 AMOUNT: $ 11,000. 2012 AMOUNT: $ 11,170. 2013 AMOUNT: $ 10,787. 2014 AMOUNT: $ 11,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011634
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011081
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt022715
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0392
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0380
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0517537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0510891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0519484
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0508757
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0479898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02536567
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0176
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01222
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt011000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt010787
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011170

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$948,653
Liabilities
$2,048,686
Net assets
-$1,100,033
Revenue
$540,283
Expenses
$493,240
Net income
$47,043
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.97$2.02$1.05$0.55$0.50$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.95$2.05$1.10$0.54$0.49$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.95$2.09$1.15$0.53$0.56$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$2.13$1.12$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$2.16$1.11$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$2.17$1.05$0.61