Civic Intelligence

Mrc Crestview Terrace

990 • Fiscal year 2012 • EIN 76-0669542

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

1440 Lake Front Circle No 11077380
Siviq Scores

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

Liabilities / Assets

98th percentile

1.81x

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

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

25th percentile

-4.2%

Faster asset growth than 25% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,795,946

Down $79,593 (-4.2%) from 2011

Net Assets

Down

-$1,460,589

Down $352 (-0.0%) from 2011

Liabilities

Down

$3,256,535

Down $79,241 (-2.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,077,812

Up $518 (+0.0%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $1,875,539Liabilities 2011: $3,335,776Net Assets 2011: -$1,460,2372011Assets 2012: $1,795,946Liabilities 2012: $3,256,535Net Assets 2012: -$1,460,5892012Assets 2013: $1,860,863Liabilities 2013: $3,229,350Net Assets 2013: -$1,368,4872013Assets 2014: $1,898,569Liabilities 2014: $3,171,345Net Assets 2014: -$1,272,7762014Assets 2015: $1,985,680Liabilities 2015: $3,124,209Net Assets 2015: -$1,138,5292015

Highlighted filing

2012

Assets$1,795,946
Liabilities$3,256,535
Net Assets-$1,460,589

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,049,876Expenses 2011: $1,077,294Net Income 2011: -$27,4182011Expenses 2012: $1,077,8122012Revenue 2013: $1,091,053Expenses 2013: $998,951Net Income 2013: $92,1022013Revenue 2014: $1,082,970Expenses 2014: $987,259Net Income 2014: $95,7112014Revenue 2015: $1,099,776Expenses 2015: $965,529Net Income 2015: $134,2472015

Highlighted filing

2012

Revenue-
Expenses$1,077,812
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$1,077,460
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

Filing and Contact Details

Filer

EIN
76-0669542
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IRS990/ActivityOrMissionDescription0The 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 local community where it serves seniors & provides employment in meeting its mission of service ministry to senior adults. Its sponsor, Methodist Retirement Communities, has a covenant connection with the Texas Annual Conference of United Methodists that links the organization to its heritage & origin, though the organization openly accepts persons of all faiths & beliefs; with no discrimination toward residents, staff, board members, etc. The organization accepts HUD payments that assist in providing this affordable housing for those with limited financial means. The organization provides services, programs, activities & housing to seniors in independent/residential living apartments. The organization works with and welcomes other entities in the local community who may be able to meet additional needs of its residents.
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IRS990/Description0MRC Crestview Terrace (the Project) is nonprofit, tax exempt organization that operates a 100-unit apartment complex for the elderly located in Bryan, Texas. The Project is operated under Section 207 of the National Housing Act and regulated by the U.S. Department of Housing and Urban Development (HUD) with respect to rental charges and operating methods. The Project's Section 207 HUD-Insured Loan is considered a major program.The Project is also subject to Section 8 Housing Assistance Payments and Section 202 Service Coordinator Grant agreements with HUD, and a significant portion of the Project's rental revenue is received from HUD through these agreements. The Project's Section 8 rent subsidy is considered a major program and the Project's Section 202 Service Coordinator Grant is considered nonmajor programs. The Project is managed by Methodist Retirement Communities (MRC), a Texas nonprofit corporation, who appoints the Board of Directors of the Project.
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IRS990/MissionDescription0The 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 local community where it serves seniors & provides employment in meeting its mission of service ministry to senior adults. Its sponsor, Methodist Retirement Communities, has a covenant connection with the Texas Annual Conference of United Methodists that links the organization to its heritage & origin, though the organization openly accepts persons of all faiths & beliefs; with no discrimination toward residents, staff, board members, etc. The organization accepts HUD payments that assist in providing this affordable housing for those with limited financial means. The organization provides services, programs, activities & housing to seniors in independent/residential living apartments. The organization works with and welcomes other entities in the local community who may be able to meet additional needs of its residents.
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IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0322570
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01077812
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Project follows the accounting standards for contingencies in evaluating uncertain tax positions. 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 2009 through 2012 tax years are open to examination by the IRS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part X, Line 2:
IRS990ScheduleD/Land/BookValue0235896
IRS990ScheduleD/Land/OtherCostOrOtherBasis0235896
IRS990ScheduleD/OtherAssets/BookValue0161689

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