Civic Intelligence

Methodist Retirement Communities

990 • Fiscal year 2014 • EIN 76-6176219

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

18th percentile

0.05x

Higher debt load relative to assets than 18% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

855.55x

Higher debt load relative to revenue than 100% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

1st percentile

-106515%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$306,861

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 6642.0% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

23rd percentile

-0.5%

Faster asset growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$87,108,845

Down $402,849 (-0.5%) from 2013

Net Assets

Down

$83,156,214

Down $78,801 (-0.1%) from 2013

Liabilities

Down

$3,952,631

Down $324,048 (-7.6%) from 2013

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$4,620

Up $4,620 from 2013

Expenses

Up

$4,925,609

Up $356,792 (+7.8%) from 2013

Net Income

Down

-$4,920,989

Down $352,172 (-7.7%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$100M$50M$0Assets 2010: $46,738,277Liabilities 2010: $9,037,690Net Assets 2010: $37,700,5872010Assets 2011: $64,111,659Liabilities 2011: $9,658,530Net Assets 2011: $54,453,1292011Assets 2012: $85,735,703Liabilities 2012: $4,546,831Net Assets 2012: $81,188,8722012Assets 2013: $87,511,694Liabilities 2013: $4,276,679Net Assets 2013: $83,235,0152013Assets 2014: $87,108,845Liabilities 2014: $3,952,631Net Assets 2014: $83,156,2142014Assets 2015: $86,608,699Liabilities 2015: $3,634,974Net Assets 2015: $82,973,7252015Assets 2016: $91,473,964Liabilities 2016: $3,322,880Net Assets 2016: $88,151,0842016

Highlighted filing

2014

Assets$87,108,845
Liabilities$3,952,631
Net Assets$83,156,214
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $2,791,3662010Expenses 2011: $2,832,9832011Expenses 2012: $3,354,3562012Revenue 2013: $0Expenses 2013: $4,568,817Net Income 2013: -$4,568,8172013Revenue 2014: $4,620Expenses 2014: $4,925,609Net Income 2014: -$4,920,9892014Revenue 2015: $4,620Expenses 2015: $5,092,932Net Income 2015: -$5,088,3122015Revenue 2016: $4,620Expenses 2016: $5,597,862Net Income 2016: -$5,593,2422016

Highlighted filing

2014

Revenue$4,620
Expenses$4,925,609
Net Income-$4,920,989
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
$4,620
Mission and Program Overview

Mission

The organization owns the property and real estate for methodist retirement communities and its affiliates, an organization committed to quality living for senior adults in faith-based environments. 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 outlive their resources in running low on funds or eventually even out of money through no fault of their own. The property and real estate is used by the affiliates to provide services, programs, activities, care and housing to seniors in independent/residential apartments, assisted living apartments, specialty memory support suites for those with alzheimer's and other dementias.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$87,308,683$84,614,043▼ $2,694,640
Cash and Non-Interest-Bearing Accounts-$4,620-
Total Assets$87,511,694$87,108,845▼ $402,849
Other Assets Total$203,011$2,490,182▲ $2,287,171
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,258,160$3,940,619▼ $317,541
Accounts Payable and Accrued Expenses$18,519$10,715▼ $7,804
Other Liabilities$0$1,297▲ $1,297
Total Liabilities$4,276,679$3,952,631▼ $324,048
Net Assets / Fund Balance
Unrestricted Net Assets$83,235,015$83,156,214▼ $78,801
Total Net Assets Fund Balance$83,235,015$83,156,214▼ $78,801
Total Liabilities and Net Assets / Fund Balance$87,511,694$87,108,845▼ $402,849

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$71,397,628$21,052,659$92,450,287
Equipment$6,883,386$4,848,791$11,732,177
Other Land Buildings$3,105,254$2,275,695$5,380,949
Land$3,227,775-$3,227,775
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleOtherTotal
Mr Harold ErmsharInterim Executive Director$136,827$136,827
Mrs Amy ThomasExecutive Director$128,529$128,529
Mr Matthew CurrieExecutive Director$126,848$126,848
Mrs Alyssa AdamVP Marketing$120,291$120,291
Ms Tracey BrandliAsst. Secretary$26,133$26,133

Board Members and Trustees

NameTitle
Mr Donald N MorrissChair
Rev Jack a WomackVice Chair
Judge James M CarlowDirector
Mr John C HicksDirector
Mr Tony E DoughtieDirector
Mrs Kimberly K DenneyDirector
Ms Alyce Ann BaggettDirector
Mr Ronald E JennetteSecretary/treasurer
Mr Brad StewartSr VP Finance, Treasurer
Mr Charles ChildressVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,620
Change in Net Assets
$-4,920,989

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,620
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,620
Total Revenue per Form 990
$4,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,925,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$4,761,534--$4,761,534
Interest$162,778--$162,778
Office Expenses$1,297--$1,297
Total Functional Expenses$4,925,609$0$0$4,925,609

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,925,609
Expenses Not Reported on Financial Statements$4,924,312
Other Expense Adjustments$4,924,312
Expenses per Audited Statements$1,297
Total Expenses per Audited Statements$1,297
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
Due to Wsrg$2,642
Accrued Audit Fees$-1,345
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

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

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

“Methodist retirement communities, a related organization, approves appointment of the majority 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 comparability 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

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Aldersgate Trust
EIN
76-6176219
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
8
Independent Board Members
7
Employees
0
Volunteers
0

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 XI, LINE 9:

“Payments from affiliates for capital additions and debt 80,655. Depreciation expense on return, not on books 4,761,534. Interest expense on return, not on books 162,778.”

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 organization's income tax returns are subject to review and examination by federal, state, and local authorities. The organization is not aware of any activities that would jeopardize its tax-exempt status. The organization reports any activities that are subject to tax on unrelated business income or excise or other taxes and files all proper returns related to these activities. The information tax returns for the years 2011 to 2014 are open to examination by federal, state, and local authorities.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Depreciation expense on return not on books 4,761,534. Interest on return not on books 162,778.”

Raw XML AppendixShowing 400 of 746 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.

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IRS990/ActivityOrMissionDesc0THE ORGANIZATION OWNS THE PROPERTY AND REAL ESTATE FOR METHODIST RETIREMENT COMMUNITIES AND ITS AFFILIATES, AN ORGANIZATION COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN FAITH-BASED ENVIRONMENTS. 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 OUTLIVE THEIR RESOURCES IN RUNNING LOW ON FUNDS OR EVENTUALLY EVEN OUT OF MONEY THROUGH NO FAULT OF THEIR OWN. THE PROPERTY AND REAL ESTATE IS USED BY THE AFFILIATES TO PROVIDE SERVICES, PROGRAMS, ACTIVITIES, CARE AND HOUSING TO SENIORS IN INDEPENDENT/RESIDENTIAL APARTMENTS, ASSISTED LIVING APARTMENTS, SPECIALTY MEMORY SUPPORT SUITES FOR THOSE WITH ALZHEIMER'S AND OTHER DEMENTIAS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASST. SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP
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IRS990/Form990PartVIISectionAGrp/TitleTxt13INTERIM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0162778
IRS990/InterestGrp/TotalAmt0162778
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt087308683
IRS990/LandBldgEquipBasisNetGrp/EOYAmt084614043
IRS990/LandBldgEquipCostOrOtherBssAmt0112791188
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION OWNS THE PROPERTY AND REAL ESTATE FOR METHODIST RETIREMENT COMMUNITIES AND ITS AFFILIATES, AN ORGANIZATION COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN FAITH-BASED ENVIRONMENTS. 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 OUTLIVE THEIR RESOURCES IN RUNNING LOW ON FUNDS OR EVENTUALLY EVEN OUT OF MONEY THROUGH NO FAULT OF THEIR OWN. THE PROPERTY AND REAL ESTATE IS USED BY THE AFFILIATES TO PROVIDE SERVICES, PROGRAMS, ACTIVITIES, CARE AND HOUSING TO SENIORS IN INDEPENDENT/RESIDENTIAL APARTMENTS, ASSISTED LIVING APARTMENTS, SPECIALTY MEMORY SUPPORT SUITES FOR THOSE WITH ALZHEIMER'S AND OTHER DEMENTIAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04258160
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03940619
IRS990/NetAssetsOrFundBalancesBOYAmt083235015
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IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01297
IRS990/OfficeExpensesGrp/TotalAmt01297
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0203011
IRS990/OtherAssetsTotalGrp/EOYAmt02490182
IRS990/OtherChangesInNetAssetsAmt05004967
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01297
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT REVENUE
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IRS990/OtherRevenueTotalAmt04620
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04568817
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4920989
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/SupportedOrganizationsCnt07
IRS990ScheduleA/SupportedOrganizationsTotalCnt07
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IRS990ScheduleA/SupportedOrgInformationGrp/EIN1760347078
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2760520414
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3205356292
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4741403088
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5760454486
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6760668992
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd31
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd41
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd51
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd61
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc09
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc19
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc29
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc39
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc49
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc59
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc69
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt11578656
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt21801654
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt5916787
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt6627215
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HAPPY HARBOR METHODIST HOME
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1MRC PINECREST
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2MRC CRESTVIEW
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3MOODY HOUSE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4METHODIST RETIREMENT COMMUNITIES
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5MRC CORNERSTONE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6MRC TOWNCREEK
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt071397628
IRS990ScheduleD/BuildingsGrp/DepreciationAmt021052659
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IRS990ScheduleD/EquipmentGrp/BookValueAmt06883386
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04848791
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IRS990ScheduleD/ExpensesSubtotalAmt01297
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02275695
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05380949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-1345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WSRG
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED AUDIT FEES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04620
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION REPORTS ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES AND FILES ALL PROPER RETURNS RELATED TO THESE ACTIVITIES. THE INFORMATION TAX RETURNS FOR THE YEARS 2011 TO 2014 ARE OPEN TO EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE ON RETURN NOT ON BOOKS 4,761,534. INTEREST ON RETURN NOT ON BOOKS 162,778.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotalExpensesPerForm990Amt04925609
IRS990ScheduleD/TotalLiabilityAmt01297
IRS990ScheduleD/TotalRevenuePerForm990Amt04620
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01297
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0270495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1184461

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
$87,108,845
Liabilities
$3,952,631
Net assets
$83,156,214
Revenue
$4,620
Expenses
$4,925,609
Net income
-$4,920,989
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.5$3.32$88.2$0.00$5.60$5.59
2015Detailed filing. Detailed filing data is available for this year.$86.6$3.63$83.0$0.00$5.09$5.09
2014Detailed filing. Detailed filing data is available for this year.$87.1$3.95$83.2$0.00$4.93$4.92
2013Detailed filing. Detailed filing data is available for this year.$87.5$4.28$83.2$0.00$4.57$4.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.7$4.55$81.2$3.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.1$9.66$54.5$2.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$9.04$37.7$2.79