2023-11-15T15:40:21-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2022-01-01 384022302 METHODIST RETIREMENT COMMUNITIES GROUP RETURN METH 2813632600 1440 LAKE FRONT CIRCLE 140 THE WOODLANDS TX 77380 DON STEPHENS CHIEF FINANCIAL OFFICER 2813632600 2023-11-14 1 DON STEPHENS 999009999 0 RAHIM HABIB P01912003 9723835700 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DON STEPHENS 1440 LAKE FRONT CIRCLE 140 THE WOODLANDS TX 77380 94147470 1 1 6242 X WWW.MRCAFF.ORG X 2016 TX SEE SCHEDULE O 14 13 1375 556 0 0 729613 1388183 80730453 89543452 1523162 1203603 1449331 1416533 84432559 93551771 0 0 0 0 34244143 38217740 0 0 0 79650783 71750539 113894926 109968279 -29462367 -16416508 418152845 420110632 512554059 516027316 -94401214 -95916684 X THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. 0 0 28352202 0 32512245 THE ORGANIZATION PROVIDES SKILLED NURSING SERVICES FOR ITS RESIDENTS AT ITS CCRC LOCATIONS AT MRC TOWNCREEK, MRC CORNERSTONE, MRC CRESTVIEW, MRC PINECREST, HAPPY HARBOR METHODIST HOME INC., AND MRC SENIOR LIVING CORPUS CHRISTI. MRC TOWNCREEK HAS 66 HEALTH CARE BEDS LOCATED IN HUNTSVILLE, TEXAS, MRC CORNERSTONE HAS 40 HEALTH CARE BEDS LOCATED IN TEXARKANA, TEXAS, MRC CRESTVIEW HAS 48 HEALTH CARE BEDS LOCATED IN BRYAN, TEXAS, MRC PINECREST HAS 51 HEALTH CARE BEDS LOCATED IN LUFKIN, TEXAS, HAPPY HARBOR METHODIST HOME, INC. HAS 48 HEALTH CARE BEDS LOCATED IN LEAGUE CITY, TEXAS, AND MRC SENIOR LIVING CORPUS CHRISTI HAS 41 HEALTH CARE BEDS LOCATED IN CORPUS CHRISTI, TEXAS. 37935529 0 31573997 THE ORGANIZATION PROVIDES INDEPENDENT LIVING SERVICES FOR ITS RESIDENTS AT MRC CORNERSTONE, MRC CRESTVIEW, MRC PINECREST, HAPPY HARBOR METHODIST HOME INC., MRC SENIOR LIVING AT CLEARKLAKE, MRC SENIOR LIVING CORPUS CHRISTI, BAYVIEW SENIOR HOUSING, MRC CRESTVIEW PLACE, MRC CRESTVIEW TERRACE, CRESTVIEW UNITY, AND HAPPY HARBOR SENIOR HOUSING. FIVE OF THE INDEPENDENT LIVING PROPERTIES ARE FINANCED BY HUD WHICH INCLUDE BAYVIEW SENIOR HOUSING, MRC CRESTVIEW PLACE, MRC CRESTVIEW TERRACE, CRESTVIEW UNITY, AND HAPPY HARBOR SENIOR HOUSING. MRC CORNERSTONE HAS 108 INDEPENDENT LIVING UNITS LOCATED IN TEXARKANA, TEXAS, MRC CRESTVIEW HAS 91 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, MRC PINECREST HAS 119 INDEPENDENT LIVING UNITS LOCATED IN LUFKIN, TEXAS, HAPPY HARBOR METHODIST HOME, INC. HAS 116 INDEPENDENT LIVING UNITS LOCATED IN LEAGUE CITY, TEXAS, MRC SENIOR LIVING AT CLEARLAKE HAS 72 INDEPENDENT LIVING UNITS LOCATED IN COLLEGE STATION, TEXAS, MRC SENIOR LIVING CORPUS CHRISTI HAS 125 INDEPENDENT LIVING UNITS LOCATED IN CORPUS CHRISTI, TEXAS, BAYVIEW SENIOR HOUSING HAS 61 INDEPENDENT LIVING UNITS LOCATED IN LAPORTE, TEXAS, MRC CRESTVIEW PLACE HAS 44 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, MRC CRESTVIEW TERRACE HAS 100 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, CRESTVIEW UNITY HAS 63 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, AND HAPPY HARBOR SENIOR HOUSING HAS 51 INDEPENDENT LIVING UNITS LOCATED IN LAPORTE, TEXAS. 21427277 0 23951333 THE ORGANIZATION PROVIDES ASSISTED LIVING AND MEMORY SUPPORT SERVICES FOR ITS RESIDENTS AT MRC TOWNCREEK, MRC CORNERSTONE, MRC CRESTVIEW, MRC PINECREST, HAPPY HARBOR METHODIST HOME INC., MRC SENIOR LIVING AT CLEARLAKE, AND MRC SENIOR LIVING CORPUS CHRISTI. MRC TOWNCREEK HAS 32 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN HUNTSVILLE, TEXAS, MRC CORNERSTONE HAS 51 ASSISTED LIVING UNITS INCLUDING 36 CERTIFIED UNITS FOR ALZHEIMER'S CARE LOCATED IN TEXARKANA, TEXAS, MRC CRESTVIEW HAS 48 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN BRYAN, TEXAS, MRC PINECREST HAS 40 MEMORY SUPPORT UNITS LOCATED IN LUFKIN, TEXAS, HAPPY HARBOR METHODIST HOME, INC. HAS 36 ASSISTED LIVING UNITS AND 24 MEMORY SUPPORT UNITS LOCATED IN LEAGUE CITY, TEXAS., MRC SENIOR LIVING AT CLEARLAKE HAS 24 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN COLLEGE STATION, TEXAS, AND MRC SENIOR LIVING CORPUS CHRISTI HAS 44 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN CORPUS CHRISTI, TEXAS. 1429628 0 1505877 THE ORGANIZATION PROVIDES HOME HEALTH SERVICES FOR ITS RESIDENTS AT MRC PINECREST AND MRC CORNERSTONE. 1429628 0 1505877 89144636 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 719 0 1375 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 X MICHELLE MILES 2812100114 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 MR ALAN BROWN PRESIDENT 40.00 0.00 X X 0 378322 47938 MR WAYNE D HAGLUND DIRECTOR 1.00 1.00 X 0 0 0 MR THOMAS R WUSSOW DIRECTOR 1.00 1.00 X 0 0 0 MRS ALYCE ANNE BAGGETT CHAIR 9.00 1.00 X X 0 0 0 REV BILLY T WILLIAMSON DIRECTOR 1.00 1.00 X 0 0 0 MR LARRY ST MARTIN DIRECTOR 1.00 1.00 X 0 0 0 REV PRESTON MORGAN VICE CHAIR 9.00 1.00 X X 0 0 0 MR BILL KING DIRECTOR 1.00 1.00 X 0 0 0 MR BILL KOERNER DIRECTOR 1.00 1.00 X 0 0 0 MR DALE CONGER DIRECTOR 1.00 1.00 X 0 0 0 MR JIM BUNCH DIRECTOR 1.00 1.00 X 0 0 0 MR KIP GILTS DIRECTOR 1.00 1.00 X 0 0 0 REV ED SIMMONS DIRECTOR 1.00 1.00 X 0 0 0 MR FRANKIE WATSON DIRECTOR 1.00 1.00 X 0 0 0 MRS KIMBERLY K DENNEY DIRECTOR (TERM END) 1.00 1.00 X 0 0 0 MR DON STEPHENS CFO/TREASURER 38.00 2.00 X 0 231654 30525 MS JENNIFER POE SECRETARY 39.00 1.00 X 0 74383 7764 MS HEATHER RAMOS ASST SECRETARY 39.00 1.00 X 0 73838 11633 MR MATTHEW CURRIE VP & EXECUTIVE DIRECTOR 40.00 0.00 X 0 184402 11421 MS AMY THOMAS VP & EXECUTIVE DIRECTOR 40.00 0.00 X 0 171472 33631 MS DEBORAH NUGENT EXECUTIVE DIRECTOR 40.00 0.00 X 0 177530 9762 MS JILL JANES VP OF SALES & MARKETING 40.00 0.00 X 0 177382 33297 MR GREGORY PAUL ROSSI EXECUTIVE DIRECTOR 40.00 0.00 X 0 143180 24826 0 1612163 210797 0 0 1 0 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 30368 FOOD SERVICES 12830446 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 MEDICAL SERVICES 3739197 GREYSTONE DEVELOPMENT 225 E JOHN CARPENTER FWY SUITE 7 IVING TX 75062 PROFESSIONAL SERVICES 1177478 SHIFTKEY LLC PO BOX 735913 DALLAS TX 75373 HEALTHCARE NURSING STAFF 909954 DU-WEST CONSTRUCTION INC 510 W PASADENA FWY PASADENA TX 77506 CONSTRUCTION 816073 43 1210055 178128 1388183 NURSING 623000 30989903 30989903 RESIDENTIAL 623000 30101243 30101243 ASSISTED LIVING 623000 22835961 22835961 ENTRANCE FEE AMORTIZATION 623000 4180815 4180815 HOME HEALTH 623000 1435530 1435530 89543452 1359171 1359171 440131 440131 224891 370808 -224891 -370808 -595699 -595699 ANCILLARY SERVICES 812900 1226891 1226891 OTHER REVENUE 812900 186750 186750 MANAGEMENT REVENUE 531390 2892 2892 1416533 93551771 89543452 0 2620136 32368410 23546765 8821645 299465 206993 92472 3049232 2107663 941569 2500633 1728465 772168 4491240 4301977 189263 189873 24884 164989 251743 32992 218751 1365 1309 56 1892763 1500349 392414 2195823 148 2195675 1216264 723494 492770 1307003 121006 1185997 2868489 2732793 135696 326922 62693 264229 38000 3518 34482 11677998 11261856 416142 15151787 14611858 539929 2491572 2224309 267263 OUTSIDE SERVICES 14523456 14260799 262657 HEALTHCARE 6158271 5711264 447007 MAINTENANCE 2326037 2248506 77531 TELEPHONE 1178675 109125 1069550 3463258 1621870 1841388 109968279 89144636 20823643 0 16017122 10695915 66822405 45260223 5093263 4685419 459824 3004415 365531 364213 670321 691148 416642218 115932257 206538221 300709961 40448428 35549042 13365923 81737730 5784373 418152845 420110632 17719654 12344318 12366645 19782035 307627344 287205818 10572246 7627572 12227083 12003866 152041087 177063707 512554059 516027316 X -106189675 -107105145 11788461 11188461 -94401214 -95916684 418152845 420110632 X -16416508 -6381915 150 21282803 X X 0 1 X 1 0 X 889651 650646 739119 729613 1388183 4397212 64346655 75311696 78099217 80730453 89543452 388031473 65236306 75962342 78838336 81460066 90931635 392428685 0 0 0 392428685 1371977 1389657 1163746 1576242 1799302 7300924 1371977 1389657 1163746 1576242 1799302 7300924 1399449 791687 3232870 1449331 1416533 8289870 68007732 78143686 83234952 84485639 94147470 408019479 0.96180 0.96200 0.01790 0.01700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ANCILLARY SERVICES - 2018 AMOUNT: $ 1,043,176. 2019 AMOUNT: $ 760,752. 2020 AMOUNT: $ 475,490. 2021 AMOUNT: $ 759,498. 2022 AMOUNT: $ 1,226,891. OTHER REVENUE - 2018 AMOUNT: $ 21,477. 2019 AMOUNT: $ 27,625. 2020 AMOUNT: $ 2,754,320. 2021 AMOUNT: $ 687,271. 2022 AMOUNT: $ 186,750. MANAGEMENT REVENUE - 2018 AMOUNT: $ 3,340. 2019 AMOUNT: $ 3,310. 2020 AMOUNT: $ 3,060. 2021 AMOUNT: $ 2,562. 2022 AMOUNT: $ 2,892. INSURANCE PROCEEDS - 2018 AMOUNT: $ 254,911. GUEST ROOMS REVENUE - 2018 AMOUNT: $ 76,545. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18712214 18712214 354150717 96953091 257197626 19187752 6267497 12920255 22225918 11001807 11224111 2365617 1709862 655755 300709961 DEPOSITS 1822813 FSO LIABILITY 21468000 RELATED PARTY LONG-TERM DEBT 1122526 REFUNDABLE ENTRANCE FEES 152650368 177063707 X 108451294 -6381915 21282803 14900888 93550406 1365 1365 93551771 109966914 0 109966914 1365 1365 109968279 PART X, LINE 2: THE ORGANIZATIONS' INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATIONS ARE NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUSES. THE ORGANIZATIONS REPORT 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAPS 21,282,803. 0 0 0 0 0 0 0 0 0 MR ALAN BROWN PRESIDENT 0 378082 0 240 0 0 0 26011 0 21927 0 426260 0 0 MR DON STEPHENS CFO/TREASURER 0 231414 0 240 0 0 0 15195 0 15330 0 262179 0 0 MS JILL JANES VP OF SALES & MARKETING 0 162892 0 240 0 14250 0 11370 0 21927 0 210679 0 0 MS AMY THOMAS VP & EXECUTIVE DIRECTOR 0 171472 0 0 0 0 0 11704 0 21927 0 205103 0 0 MR MATTHEW CURRIE VP & EXECUTIVE DIRECTOR 0 184402 0 0 0 0 0 11421 0 0 0 195823 0 0 MS DEBORAH NUGENT EXECUTIVE DIRECTOR 0 177290 0 240 0 0 0 3577 0 6185 0 187292 0 0 MR GREGORY PAUL ROSSI EXECUTIVE DIRECTOR 0 142940 0 240 0 0 0 9496 0 15330 0 168006 0 0 PART I, LINE 3 SALARY FOR THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL IS SET BY THE METHODIST RETIREMENT COMMUNITIES (MRC) BOARD, THE PARENT ENTITY. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UDA9 2016-11-03 58896567 DEVELOPMENT OF CCRC COMMUNITY 0 0 0 B NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 2019-05-01 31625554 REFINANCING OF 2017 BONDS ISSUED ON 11/15/17 & PURCHASE OF CCRC COMMUNITY 0 0 0 C TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 043833551 87638RKH9 2020-09-03 124935000 REFUND SERIES 2018A BONDS ISSUED 3/15/18 AND NEW FACILITY CONSTRUCTION 0 0 0 A 20620000 59628516 2427934 1177931 56022651 2018 1 0 0 1 B 31625554 632511 30993043 2020 0 0 0 1 C 125392339 8639528 2498700 58463847 18892614 36897650 2022 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART II, PROCEEDS LINE 3: THE DIFFERENCE BETWEEN THE 11/03/16 BOND ISSUE PRICE OF $58,896,567 AND THE TOTAL PROCEEDS OF THE ISSUE OF $60,314,662 IS DUE TO INVESTMENT EARNINGS OF $1,418,095. THE DIFFERENCE BETWEEN THE 09/03/20 BOND ISSUE PRICE OF $125,395,339 AND THE TOTAL PROCEEDS OF THE ISSUE OF $124,935,000 IS DUE TO INVESTMENT EARNINGS OF $457,339. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION 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 SUPPORT SUITES FOR THOSE WITH ALZHEIMER'S AND OTHER DEMENTIAS, AND SKILLED NURSING & REHABILITATION UNITS. THE ORGANIZATION ACCEPTS MEDICARE & MEDICAID PAYMENTS ALONG WITH PRIVATE PAY AND SOME INSURANCE PLANS. THE ORGANIZATION ALSO OPENS ITS DOORS TO PERIODICALLY PROVIDE SPACE USE FOR OTHER LOCAL NONPROFITS, SUCH AS LIONS, ROTARY, CHAMBER, ETC. FORM 990, PART VI, SECTION A, LINE 3 METHODIST RETIREMENT COMMUNITIES IMPLEMENTED NEW STRUCTURES WHICH WOULD INCLUDE FOUR BOARD MEETINGS A YEAR WHERE ALL MRC AND AFFILIATES BUSINESS WOULD BE DISCUSSED, WITH ALL AFFILIATE BOARD MEMBERS INCLUDED IN THE MRC BOARDS. UNITED METHODIST SENIOR SERVICES FOUNDATION AND ALDERSGATE TRUST UPDATES TERMS TO BE THREE YEARS, CONSISTENT WITH THE OTHER ENTITIES. PINECREST AND CORNERSTONE HAVE BEEN REMOVED FROM THE QUORUM, WITH LANGUAGE UPDATES REQUIRING PRESIDENT AND EXECUTIVE DIRECTOR TO BE PART OF A QUORUM AT CRESTVIEW. THEY ARE NOW NON-VOTING MEMEBERS WHO WILL NOT BE COUNTED FOR QUORUM. BYLAWS CHANGED TO BRING ALIGNMENT BY UNIFYING THE SIZE OF THE BOARD ACROSS ALL ENTITIES, CREATE MROE CONSISTENCY BY BRINGING ALL KEY TERMS INTO ALIGNMENT, AND UNIFY PROCESSES. 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 11B THE MANAGEMENT TEAM CURRENTLY REVIEWS ALL FORM 990S PRIOR TO FILING WITH THE IRS. THEY COMPARE THE RESULTS TO THE AUDITED FINANCIAL STATEMENTS AND REVIEW ALL DISCLOSURE INFORMATION. THE 990S ARE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE OF THE BOARD AND ALSO MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. 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 15B SALARY FOR THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL IS SET BY THE METHODIST RETIREMENT COMMUNITIES (MRC) BOARD, THE PARENT ENTITY. 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. THE 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. THE CEO APPROVES WITHIN BOARD APPROVED BUDGETED GUIDELINES. W-2'S ARE ISSUED BY THE PARENT ORGANIZATION, MRC. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAPS 21,282,803. 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. FORM 990, PART VI, LINE 1A: DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL THE POWERS AND FUNCTIONS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT AND DIRECTION OF THE AFFAIRS OF THE ORGANIZATION IN ALL CASES IN WHICH SPECIFIC DIRECTION SHALL NOT HAVE BEEN GIVEN BY THE BOARD OF DIRECTORS. METHODIST RETIREMENT COMMUNITIES 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 741403088 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 10 N/A 0 UNITED METHODIST SENIOR SERVICES FOUNDATION 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 205992404 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 12A, I METHODIST RETIREMENT COMMUNITIES 0 NFP ASSURANCE GROUP PO BOX 1085 5TH FLOOR QUEENSGATE HO CJ 980405035 SELF-INSURANCE CJ N/A C 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0