METHODIST RETIREMENT COMMUNITIES: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- METHODIST RETIREMENT COMMUNITIES (EIN 74-1403088)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349303653
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T08:27:24-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5001 SPRING VALLEY ROAD SUITE 600W | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741403088 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METHODIST RETIREMENT COMMUNITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | METH | BusinessNameControlTxt |
| Phone | 2813632600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 LAKE FRONT CIRCLE 140 | AddressLine1Txt |
| City | THE WOODLANDS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77380 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON STEPHENS | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2813632600 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DON | PersonFirstNm |
| Person Last | STEPHENS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RAHIM HABIB | PreparerPersonNm |
| PTIN | P01912003 | PTIN |
| Phone | 9723835700 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DON STEPHENS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 LAKE FRONT CIRCLE 140 | AddressLine1Txt |
| City | THE WOODLANDS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77380 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,582,800 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MRCAFF.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1965 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION PROVIDES ACCOUNTING, HR, IT, MARKETING, OPERATIONS AND EXECUTIVE AND STRATEGIC PLANNING TO THE AFFILIATES OF MRC AS THEY PROVIDE SERVICES TO THE MRC COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 1375 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $75,636 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,745,111 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,936,167 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,418,349 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $32,938 | CYInvestmentIncomeAmt |
| PY Other Revenue | $90,706 | PYOtherRevenueAmt |
| CY Other Revenue | $386,402 | CYOtherRevenueAmt |
| PY Total Revenue | $4,102,509 | PYTotalRevenueAmt |
| CY Total Revenue | $8,582,800 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,494,474 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,757,934 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,002,973 | PYOtherExpensesAmt |
| CY Other Expenses | $1,218,506 | CYOtherExpensesAmt |
| PY Total Expenses | $4,497,447 | PYTotalExpensesAmt |
| CY Total Expenses | $4,976,440 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$394,938 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,606,360 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,531,730 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,751,294 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,125,196 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,871,816 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,406,534 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,879,478 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S EXEMPT PURPOSE IS TO BE THE CORPORATE AND ADMINISTRATIVE HEADQUARTERS FOR METHODIST RETIREMENT COMMUNITIES AND ITS AFFILIATED MINISTRIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $0 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,418,349 | RevenueAmt |
| Desc | THE ORGANIZATION IS THE CENTRAL SUPPORT HUB FOR METHODIST RETIREMENT COMMUNITIES AND ITS AFFILIATES, AN ORGANIZATION COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN FAITH-BASED ENVIRONMENTS. THE ORGANIZATION TAKES GREAT PRIDE IN SEEING THAT OUR AFFILIATES ARE AN IMPORTANT PART OF THE BROADER, LOCAL COMMUNITY WHERE THEY SERVE SENIORS AND PROVIDE EMPLOYMENT IN MEETING OUR 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 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 RUN LOW ON FUNDS OR EVENTUALLY EVEN OUT OF MONEY THROUGH NO FAULT OF THEIR OWN. THE ORGANIZATION PROVIDES FINANCE, ACCOUNTING, HUMAN RESOURCES, TECHNOLOGY, MARKETING, OPERATIONS AND EXECUTIVE & STRATEGIC PLANNING LEADERSHIP TO THE AFFILIATES OF MRC AS THE AFFILIATES PROVIDE SERVICES, PROGRAMS, ACTIVITIES, CARE AND HOUSING TO SENIORS IN INDEPENDENT/RESIDENTIAL APARTMENTS (BOTH MARKET-RATE AND LOW-INCOME), ASSISTED LIVING APARTMENTS, SPECIALTY MEMORY SUPPORT SUITES FOR THOSE WITH ALZHEIMER'S AND OTHER DEMENTIAS, SKILLED NURSING & REHABILITATION UNITS, AND HOME HEALTH & HOME SERVICES. THE ORGANIZATION OVERSEES THE LICENSING WHEREBY SOME OF THE ORGANIZATION'S AFFILIATES ACCEPT MEDICARE, MEDICAID AND/OR HUD PAYMENTS ALONG WITH PRIVATE PAY AND CERTAIN INSURANCE PLANS. THE ORGANIZATION ENCOURAGES ITS AFFILIATES TO ALSO OPEN ITS DOORS IN ITS LOCAL BROADER COMMUNITY TO PERIODICALLY PROVIDE SPACE USE FOR OTHER LOCAL NONPROFITS, SUCH AS LIONS, ROTARY, CHAMBER, ETC. | Desc |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1375 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELLE MILES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2812100127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 LAKE FRONT CIRCLE STE 140 | AddressLine1Txt |
| City | THE WOODLANDS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77380 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MR ALAN BROWN | ||||||||
| PRESIDENT | 0.00 | 40.00 | Yes (X) | Yes (X) | $378,322 | $0 | $47,938 | |
| MR WAYNE D HAGLUND | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS R WUSSOW | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS ALYCE ANNE BAGGETT | ||||||||
| CHAIR | 1.00 | 9.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| REV BILLY T WILLIAMSON | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR LARRY ST MARTIN | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV PRESTON MORGAN | ||||||||
| VICE CHAIR | 1.00 | 9.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR BILL KING | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR BILL KOERNER | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DALE CONGER | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JIM BUNCH | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR KIP GILTS | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV ED SIMMONS | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR FRANKIE WATSON | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS KIMBERLY DENNEY | ||||||||
| DIRECTOR (TERM END) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DON STEPHENS | ||||||||
| CFO/TREASURER | 2.00 | 38.00 | Yes (X) | $231,654 | $0 | $30,525 | ||
| MS JENNIFER POE | ||||||||
| SECRETARY | 1.00 | 39.00 | Yes (X) | $74,383 | $0 | $7,764 | ||
| MS HEATHER RAMOS | ||||||||
| ASST SECRETARY | 1.00 | 39.00 | Yes (X) | $73,838 | $0 | $11,633 | ||
| MR MATTHEW CURRIE | ||||||||
| VP & EXECUTIVE DIRECTOR | 0.00 | 40.00 | $184,402 | $0 | $11,421 | Yes (X) | ||
| MS AMY THOMAS | ||||||||
| VP & EXECUTIVE DIRECTOR | 0.00 | 40.00 | $171,472 | $0 | $33,631 | Yes (X) | ||
| MS DEBORAH NUGENT | ||||||||
| EXECUTIVE DIRECTOR | 0.00 | 40.00 | $177,530 | $0 | $9,762 | Yes (X) | ||
| MS JILL JANES | ||||||||
| VP OF SALES & MARKETING | 0.00 | 40.00 | $177,382 | $0 | $33,297 | Yes (X) | ||
| MR GREGORY PAUL ROSSI | ||||||||
| EXECUTIVE DIRECTOR | 0.00 | 40.00 | $143,180 | $0 | $24,826 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,612,163 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $210,797 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 679334 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75267 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ACCOUNTING/TAX PROFESSIONAL | ServicesDesc |
| Compensation | $255,435 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,723,579 | RelatedOrganizationsAmt |
| Government Grants | $21,532 | GovernmentGrantsAmt |
| Total Contributions | $3,745,111 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEES | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $4,418,349 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,418,349 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,418,349 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,938 | TotalRevenueColumnAmt |
| Exclusion | $32,938 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| RETURN OF INSURANCE PR | 623000 | $386,088 | $386,088 |
| OTHER REVENUE | 623000 | $314 | $314 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $386,402 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,582,800 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,418,349 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $419,340 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $856,057 | TotalAmt |
| Management And General | $856,057 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,262,789 | TotalAmt |
| Management And General | $2,262,789 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,332 | TotalAmt |
| Management And General | $134,332 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $296,617 | TotalAmt |
| Management And General | $296,617 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,139 | TotalAmt |
| Management And General | $208,139 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,755 | TotalAmt |
| Management And General | $59,755 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,384 | TotalAmt |
| Management And General | $14,384 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,523 | TotalAmt |
| Management And General | $79,523 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,616 | TotalAmt |
| Management And General | $48,616 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,431 | TotalAmt |
| Management And General | $27,431 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,131 | TotalAmt |
| Management And General | $176,131 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,976 | TotalAmt |
| Management And General | $12,976 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,521 | TotalAmt |
| Management And General | $246,521 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,617 | TotalAmt |
| Management And General | $37,617 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,164 | TotalAmt |
| Management And General | $30,164 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,860 | TotalAmt |
| Management And General | $33,860 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,426 | TotalAmt |
| Management And General | $9,426 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| LEASE PAYMENTS | $111,919 | $111,919 |
| EDUCATIONAL/TRAINING | $110,753 | $110,753 |
| MISCELLANEOUS | $76,508 | $76,508 |
| TELEPHONE | $47,732 | $47,732 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,190 | TotalAmt |
| Management And General | $95,190 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,976,440 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $4,976,440 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,270,720 | BOYAmt |
| EOY | $2,028,817 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,952,690 | BOYAmt |
| EOY | $2,829,056 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,383,460 | BOYAmt |
| EOY | $10,593,056 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $652,000 | BOYAmt |
| EOY | $652,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,624 | BOYAmt |
| EOY | $252,461 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $497,065 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $452,858 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,847 | BOYAmt |
| EOY | $44,207 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $26,534 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,389 | BOYAmt |
| EOY | $325,163 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,531,730 | BOYAmt |
| EOY | $16,751,294 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,478 | BOYAmt |
| EOY | $5,173,963 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $816,718 | BOYAmt |
| EOY | $697,853 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,125,196 | BOYAmt |
| EOY | $5,871,816 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,406,534 | BOYAmt |
| EOY | $10,879,478 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,406,534 | BOYAmt |
| EOY | $10,879,478 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,531,730 | BOYAmt |
| EOY | $16,751,294 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,606,360 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$193,064 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $11 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $59,637 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $1,317 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,745,111 | CurrentTaxYearAmt |
| Total | $3,825,564 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,459,865 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,763,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,762,380 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,936,167 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,418,349 | CurrentTaxYearAmt |
| Total | $19,340,400 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,463,365 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,763,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,763,697 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,011,803 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,163,460 | CurrentTaxYearAmt |
| Total | $23,165,964 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $23,165,964 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $97,201 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $127,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $190,629 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $32,938 | CurrentTaxYearAmt |
| Total | $448,062 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $97,201 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $127,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $190,629 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $32,938 | CurrentTaxYearAmt |
| Total | $448,062 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $386,402 | CurrentTaxYearAmt |
| Total | $386,402 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,560,566 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,890,933 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,954,326 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,011,803 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,582,800 | CurrentTaxYearAmt |
| Total | $24,000,428 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.96520 | PublicSupportCY509Pct |
| Public Support PY509 | 0.92580 | PublicSupportPY509Pct |
| Investment Income CY | 0.01870 | InvestmentIncomeCYPct |
| Investment Income PY | 0.07420 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $74,769 | OtherCostOrOtherBasisAmt |
| Depreciation | $60,141 | DepreciationAmt |
| Book Value | $14,628 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $422,296 | OtherCostOrOtherBasisAmt |
| Depreciation | $392,717 | DepreciationAmt |
| Book Value | $29,579 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,207 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,063,285 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$193,064 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $59,637 | OtherRevenueAmt |
| Revenue Not Reported | -$133,427 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,196,712 | RevenueSubtotalAmt |
| Other Revenues Not Included | $386,088 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $386,088 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,582,800 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,590,352 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,590,352 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $386,088 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $386,088 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,976,440 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF INTEREST RATE SWAPS 59,637. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RETURN OF INSURANCE PREMIUM 386,088. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RETURN OF INSURANCE PREMIUM 386,088. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $120,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $120,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $120,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| FORM 990, SCHEDULE F, PART V | NFP ASSURANCE GROUP LTD. IS INCORPORATED AS A WHOLLY-OWNED SUBSIDIARY OF MRC UNDER THE LAWS OF THE CAYMAN ISLANDS AND PROVIDES ALTERNATIVE RISK FINANCING TO MRC AND ITS AFFILIATED MINISTRIES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MR ALAN BROWN | ||||||||||||||
| PRESIDENT | $378,082 | $0 | $240 | $0 | $0 | $0 | $26,011 | $0 | $21,927 | $0 | $426,260 | $0 | $0 | $0 |
| MR DON STEPHENS | ||||||||||||||
| CFO/TREASURER | $231,414 | $0 | $240 | $0 | $0 | $0 | $15,195 | $0 | $15,330 | $0 | $262,179 | $0 | $0 | $0 |
| MS JILL JANES | ||||||||||||||
| VP OF SALES & MARKETING | $162,892 | $0 | $240 | $0 | $14,250 | $0 | $11,370 | $0 | $21,927 | $0 | $210,679 | $0 | $0 | $0 |
| MS AMY THOMAS | ||||||||||||||
| VP & EXECUTIVE DIRECTOR | $171,472 | $0 | $0 | $0 | $0 | $0 | $11,704 | $0 | $21,927 | $0 | $205,103 | $0 | $0 | $0 |
| MR MATTHEW CURRIE | ||||||||||||||
| VP & EXECUTIVE DIRECTOR | $184,402 | $0 | $0 | $0 | $0 | $0 | $11,421 | $0 | $0 | $0 | $195,823 | $0 | $0 | $0 |
| MS DEBORAH NUGENT | ||||||||||||||
| EXECUTIVE DIRECTOR | $177,290 | $0 | $240 | $0 | $0 | $0 | $3,577 | $0 | $6,185 | $0 | $187,292 | $0 | $0 | $0 |
| MR GREGORY PAUL ROSSI | ||||||||||||||
| EXECUTIVE DIRECTOR | $142,940 | $0 | $240 | $0 | $0 | $0 | $9,496 | $0 | $15,330 | $0 | $168,006 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING INDIVIDUALS RECEIVED A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS DURING 2022: RAMOS, HEALTHER L. ($52) POE, JENNIFER ($13) BROWN, ALAN ($284) STEPHENS, DONALD M ($436) THOMAS, AMY ($152) CURRIE, MATTHEW W. ($152) ROSSI, GREGORY PAUL ($558) NUGENT, DEBORAH ($838) JANES, JILL ($66) | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 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 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 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 59,637. |
| 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. |
| FORM 926, SUPPLEMENTAL INFORMATION REQUIRED TO BE REPORTED CONTINUATION: | THIS STATEMENT IS PURSUANT TO REGULATION SECTION 1.351-3(A) BY THE FOLLOWING ENTITY, A SIGNIFICANT TRANSFEROR, METHODIST RETIREMENT COMMUNITIES (EIN: 74-1403088) ("MRC"). DURING THE TAX YEAR ENDED DECEMBER 31, 2022, MRC, A U.S. TAX-EXEMPT CORPORATION, MADE CASH TRANSFERS THAT REPRESENTED NON-TAXABLE DEPOSITS IN THE AMOUNT OF $3,158,660 TO NFP ASSURANCE GROUP, LTD. (EIN: 98-0405035), ("NFP"), ITS SUBSIDIARY FORMED IN THE CAYMAN ISLANDS. TO THE EXTENT THAT SUCH TRANSFERS ARE NOT TREATED AS DEPOSITS, BUT RATHER AS CONSTRUCTIVE CAPITAL CONTRIBUTIONS FROM MRC ONLY TO NFP FOR U.S. FEDERAL TAX PURPOSES, MRC IS REPORTING SUCH AMOUNTS ON THIS STATEMENT AS A PROTECTIVE MEASURE IN COMPLIANCE WITH REGULATION SECTION 1.351-3(A). THE COST BASIS IN THE CASH EQUALS THE FAIR MARKET VALUE. NO PRIVATE LETTER RULINGS WERE RECEIVED IN CONNECTION WITH THE SECTION 351 EXCHANGES. 1. TRANSFEROR. METHODIST RETIREMENT COMMUNITIES EIN: 74-1403088 1440 LAKE FRONT CIRCLE STE 110, THE WOODLANDS, TX 77380 2. TRANSFER. I. TRANSFEREE NFP ASSURANCE GROUP, LTD. EIN: 98-0405035 113 SOUTH CHURCH ST., QUEENSGATE HOUSE, 5TH FL, GRAND CAYMAN, CAYMAN ISLANDS KY1-1102 II. TRANSFER. METHODIST RETIREMENT COMMUNITIES, A U.S. TAX-EXEMPT CORPORATION (THE "TRANSFEROR"), MADE CASH TRANSFERS THAT REPRESENTED NON-TAXABLE DEPOSITS DURING THE TAX YEAR ENDED DECEMBER 31, 2022 IN THE AMOUNT OF $3,158,660 IN U.S. DOLLARS (THE "TRANSFERS") TO NFP ASSURANCE GROUP, LTD., ITS WHOLLY-OWNED SUBSIDIARY FORMED IN THE CAYMAN ISLANDS (THE "TRANSFEREE"). TO THE EXTENT THAT SUCH TRANSFERS ARE NOT TREATED AS DEPOSITS, BUT RATHER AS CONSTRUCTIVE CAPITAL CONTRIBUTIONS FROM THE TRANSFEROR ONLY TO THE TRANSFEREE FOR U.S. FEDERAL TAX PURPOSES, THE TRANSFEROR IS REPORTING SUCH AMOUNTS ON THIS STATEMENT AS A PROTECTIVE MEASURE IN COMPLIANCE WITH CODE SECTION 6038B. 3. CONSIDERATION RECEIVED. THE TRANSFEREE DID NOT ISSUE ADDITIONAL SHARES TO THE TRANSFEROR IN EXCHANGE FOR THE CAPITAL CONTRIBUTIONS (OR NON-TAXABLE DEPOSITS) BECAUSE THE TRANSFEROR IS THE SOLE SHAREHOLDER OF THE TRANSFEREE AND THE ISSUANCE OF ADDITIONAL SHARES WOULD HAVE BEEN MEANINGLESS GESTURES ACCORDING TO FEDERAL TAX PRINCIPLES. 4. PROPERTY TRANSFERRED. I. ACTIVE BUSINESS PROPERTY. THE TRANSFEREE RECEIVED CASH TRANSFERS IN THE AMOUNT OF $3,158,660 IN CONNECTION WITH AN ALTERNATIVE RISK FINANCING ARRANGEMENT THAT REPRESENTED NON-TAXABLE DEPOSITS FOR U.S. FEDERAL TAX PURPOSES. TO THE EXTENT THAT SUCH TRANSFERS ARE NOT TREATED AS DEPOSITS, BUT RATHER AS CONSTRUCTIVE CAPITAL CONTRIBUTIONS FROM THE TRANSFEROR ONLY TO TRANSFEREE FOR U.S. FEDERAL TAX PURPOSES, THE TRANSFEROR IS REPORTING SUCH AMOUNTS ON THIS STATEMENT AS A PROTECTIVE MEASURE IN COMPLIANCE WITH CODE SECTION 6038B. THE COST BASIS IN THE CASH EQUALS THE FAIR MARKET VALUE. II. STOCK OR SECURITIES. NOT APPLICABLE III. DEPRECIATED PROPERTY. NOT APPLICABLE IV. PROPERTY TO BE LEASED. NOT APPLICABLE V. PROPERTY TO BE SOLD. NOT APPLICABLE VI. TRANSFERS TO FSCS. NOT APPLICABLE VII. TAINTED PROPERTY. A. INVENTORY, ETC. PROPERTY DESCRIBED IN 1.367(A)-5T(B). NOT APPLICABLE B. INSTALLMENT OBLIGATIONS, ETC. PROPERTY DESCRIBED IN 1.367(A)-5T(C). NOT APPLICABLE C. FOREIGN CURRENCY, ETC. PROPERTY DESCRIBED IN 1.367(A)-5T(D). NOT APPLICABLE D. INTANGIBLE PROPERTY. PROPERTY DESCRIBED IN 1.367(A)-5T(E). NOT APPLICABLE E. LEASED PROPERTY. PROPERTY DESCRIBED IN 1.367(A)-4T(F). NOT APPLICABLE VIII. FOREIGN LOSS BRANCH. NOT APPLICABLE IX. OTHER INTANGIBLES. NOT APPLICABLE 5. TRANSFER OF FOREIGN BRANCH WITH PREVIOUSLY DEDUCTED LOSSES. I. BRANCH OPERATION. NOT APPLICABLE II. BRANCH PROPERTY. NOT APPLICABLE III. PREVIOUSLY DEDUCTED LOSSES. NOT APPLICABLE IV. CHARACTER OF GAIN. NOT APPLICABLE 6. APPLICATION OF SECTION 367(A)(5). NOT APPLICABLE |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||||||||||
| 1440 LAKE FRONT CIRCLE STE 140 | THE WOODLANDS | TX | 77380 | 384022302 | PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS | TX | 501(C)(3) | LINE 10 | METHODIST RETIREMENT COMMUNITIES | Yes (1) |
| 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 | Yes (1) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NFP ASSURANCE GROUP | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1085 5TH FLOOR QUEENSGATE HO | AddressLine1Txt |
| Country | CJ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980405035 | EIN |
| Primary Activities | SELF-INSURANCE | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CJ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METHODIST RETIREMENT COMMUNITIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $1,402,126 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $4,316,557 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NFP ASSURANCE GROUP LTD | ||
| K | $111,919 | FMV |
| NFP ASSURANCE GROUP LTD | ||
| C | $3,600,000 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| D | $652,000 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| Q | $1,260,749 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| L | $4,279,911 | FMV |