Civic Intelligence

Methodist Retirement Communities

990 • Fiscal year 2011 • EIN 76-0697463

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 15, 2012

1440 Lake Front Circle No 11077380
Siviq Scores

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

Liabilities / Assets

31st percentile

0.03x

Higher debt load relative to assets than 31% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

37th percentile

-2.2%

Faster asset growth than 37% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$3,772,783

Down $84,466 (-2.2%) from 2010

Net Assets

Down

$3,652,038

Down $95,769 (-2.6%) from 2010

Liabilities

Up

$120,745

Up $11,303 (+10%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$501,780

Down $9,233 (-1.8%) from 2010

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$3.0M$2.0M$1.0M$0Assets 2010: $3,857,249Liabilities 2010: $109,442Net Assets 2010: $3,747,8072010Assets 2011: $3,772,783Liabilities 2011: $120,745Net Assets 2011: $3,652,0382011Assets 2012: $3,653,726Liabilities 2012: $48,117Net Assets 2012: $3,605,6092012Assets 2013: $3,577,042Liabilities 2013: $67,375Net Assets 2013: $3,509,6672013Assets 2014: $3,488,624Liabilities 2014: $63,095Net Assets 2014: $3,425,5292014Assets 2015: $3,455,089Liabilities 2015: $67,694Net Assets 2015: $3,387,3952015

Highlighted filing

2011

Assets$3,772,783
Liabilities$120,745
Net Assets$3,652,038

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $511,0132010Expenses 2011: $501,7802011Expenses 2012: $539,6252012Revenue 2013: $446,295Expenses 2013: $542,234Net Income 2013: -$95,9392013Revenue 2014: $472,410Expenses 2014: $556,548Net Income 2014: -$84,1382014Revenue 2015: $483,175Expenses 2015: $521,309Net Income 2015: -$38,1342015

Highlighted filing

2011

Revenue-
Expenses$501,780
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 15, 2012
Return Version
2011v1.2
Gross Receipts
$406,011
Mission and Program Overview

Mission

He 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 supp

Filing and Contact Details

Filer

EIN
76-0697463
Raw XML AppendixShowing 400 of 779 raw XML fields

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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 broader, 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 affiliation with the Texas Annual Conference of United Methodists that 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, 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 other entities in the local community who may be able to meet additional needs of its residents.
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IRS990/Description0The 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.
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IRS990ScheduleD/Form990ScheduleDPartXIV/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 2008 through 2011 tax years are open to examination by the IRS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1Other income on return reported as other expenses on F/S 9,441.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2Other expenses on F/S reported as other income on return 9,441.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2Part XIII, Line 4b - Other Adjustments:
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IRS990ScheduleD/OtherLiabilities/Description0Security Deposits
IRS990ScheduleD/OtherRevenuesNotIncluded09441
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt09441
IRS990ScheduleD/RevenueSubtotal0396570

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