METHODIST RETIREMENT COMMUNITIES: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- METHODIST RETIREMENT COMMUNITIES (EIN 38-4022302)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202123169349302952
- Schema version
- 2020v4.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule J
- Schedule K
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T09:05:52-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 384022302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METHODIST RETIREMENT COMMUNITIES | BusinessNameLine1Txt |
| Business Name Line2 | GROUP RETURN | BusinessNameLine2Txt |
| 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 NO 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 | 2021-11-11 | 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 |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL SIEGEL | PreparerPersonNm |
| PTIN | P01587323 | PTIN |
| Phone | 9723835700 | PhoneNum |
| Preparation | 2021-11-11 | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALAN BROWN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 LAKE FRONT CIRCLE NO 140 | AddressLine1Txt |
| City | THE WOODLANDS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77380 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $91,096,386 | GrossReceiptsAmt |
| Group Return For Affiliates | Yes (1) | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (1) | AllAffiliatesIncludedInd |
| Group Exemption | 6242 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MRCAFF.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 2016 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 1525 | TotalEmployeeCnt |
| Total Volunteers | 339 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $650,646 | PYContributionsGrantsAmt |
| CY Contributions Grants | $739,119 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $75,311,696 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $78,099,217 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,479,536 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,477,765 | CYInvestmentIncomeAmt |
| PY Other Revenue | $791,687 | PYOtherRevenueAmt |
| CY Other Revenue | $3,232,870 | CYOtherRevenueAmt |
| PY Total Revenue | $78,233,565 | PYTotalRevenueAmt |
| CY Total Revenue | $83,548,971 | 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 | $33,196,053 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $36,447,970 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $58,106,741 | PYOtherExpensesAmt |
| CY Other Expenses | $60,100,322 | CYOtherExpensesAmt |
| PY Total Expenses | $91,302,794 | PYTotalExpensesAmt |
| CY Total Expenses | $96,548,292 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$13,069,229 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$12,999,321 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $326,609,504 | TotalAssetsBOYAmt |
| Total Assets EOY | $427,980,872 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $378,177,866 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $493,765,603 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$51,568,362 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$65,784,731 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $25,437,309 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $29,840,688 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $17,631,040 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $20,658,098 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $30,144,503 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $26,194,067 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,287,159 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,406,364 | RevenueAmt |
| Desc | THE ORGANIZATION PROVIDES HOME HEALTH SERVICES FOR ITS RESIDENTS AT MRCPINECREST AND MRC CORNERSTONE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,287,159 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $1,406,364 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $74,500,011 | TotalProgramServiceExpensesAmt |
| 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | 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 | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | 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 | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 571 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1525 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| 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 | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | 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 | 2812100114 | 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 (25 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 | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| MR WAYNE D HAGLUND | |||||||||
| CHAIR | 8.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS R WUSSOW | |||||||||
| VICE CHAIR | 9.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MR ALAN BROWN | |||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $0 | $274,543 | $0 | ||
| MRS ALYCE ANNE BAGGETT | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MRS KIMBERLY K DENNEY | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JESSE BRANNEN | |||||||||
| DIRECTOR | 1.00 | 1.00 | 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 | |||
| DR CHARLES R MILLIKAN | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REV PRESTON MORGAN | |||||||||
| DIRECTOR | 1.00 | 1.00 | 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 | 11.00 | 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 | |||
| MR DON STEPHENS | |||||||||
| CFO/TREASURER | 35.00 | 5.00 | Yes (X) | $0 | $246,724 | $30,820 | |||
| MS JENNIFER POE | |||||||||
| SECRETARY | 38.00 | 2.00 | Yes (X) | $0 | $79,360 | $6,153 | |||
| MS HEATHER LEWIS | |||||||||
| ASSISTANT SECRETARY | 38.00 | 2.00 | Yes (X) | $0 | $73,289 | $7,401 | |||
| MS FRANCES BELTRAN | |||||||||
| VP HUMAN RESOURCES | 40.00 | 0.00 | Yes (X) | $0 | $140,063 | $24,205 | |||
| MR MATTHEW CURRIE | |||||||||
| VP & EXECUTIVE DIRECTOR | 40.00 | 0.00 | $0 | $186,161 | $12,220 | Yes (X) | |||
| MS AMY THOMAS | |||||||||
| VP & EXECUTIVE DIRECTOR | 40.00 | 0.00 | $0 | $178,496 | $33,312 | Yes (X) | |||
| MS DEBORAH NUGENT | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | $0 | $169,289 | $9,299 | Yes (X) | |||
| MS JILL JANES | |||||||||
| VP OF SALES & MARKETING | 40.00 | 0.00 | $0 | $165,925 | $22,298 | Yes (X) | |||
| MR GREGORY ROSSI | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | $0 | $144,290 | $24,637 | Yes (X) | |||
| MR RONALD E JENNETTE | |||||||||
| FORMER PRESIDENT | 0.00 | 0.00 | $0 | $164,785 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,822,925 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $170,345 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNIDINE CORPORATION | |||||
| PO BOX 102289 | ATLANTA | GA | 30368 | FOOD SERVICES | $5,215,200 |
| QUALITY CARE REHAB | |||||
| 8477 S SUNCOAST BLVD | HOMOSASSA | FL | 34446 | MEDICAL SERVICES | $3,954,284 |
| SODEXO INC AFFILIATES | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICES | $2,482,730 |
| HEALTHPRO HERITAGE LLC | |||||
| PO BOX 69268 | BALTIMORE | MD | 21264 | MEDICAL SERVICES | $867,499 |
| MCKESSON MEDICAL SURGICAL MINNESOTA SUPP | |||||
| PO BOX 630693 | CINCINNATI | OH | 45263 | SUPPLIES | $832,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 37 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $644,326 | RelatedOrganizationsAmt |
| Government Grants | $94,793 | GovernmentGrantsAmt |
| Total Contributions | $739,119 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NURSING AND ASSISTED LIVING | 623000 | $31,654,698 | $31,654,698 |
| RESIDENTIAL | 623000 | $22,683,442 | $22,683,442 |
| ASSISTED LIVING | 623000 | $20,088,176 | $20,088,176 |
| ENTRANCE FEE AMORTIZATION | 623000 | $2,309,763 | $2,309,763 |
| HOME HEALTH | 623000 | $1,363,138 | $1,363,138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $78,099,217 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $927,090 | TotalRevenueColumnAmt |
| Exclusion | $927,090 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $255,935 | TotalRevenueColumnAmt |
| Exclusion | $255,935 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,842,155 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,478,982 | SecuritiesAmt |
| Other | $68,433 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $363,173 | SecuritiesAmt |
| Other | -$68,433 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $294,740 | TotalRevenueColumnAmt |
| Exclusion | $294,740 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 812900 | $2,754,320 | $2,754,320 |
| ANCILLARY SERVICES | 812900 | $475,490 | $475,490 |
| MANAGEMENT REVENUE | 900099 | $3,060 | $3,060 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,232,870 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,548,971 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $78,099,217 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,710,635 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,504,994 | TotalAmt |
| Program Services | $22,810,338 | ProgramServicesAmt |
| Management And General | $7,694,656 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,183 | TotalAmt |
| Program Services | $176,051 | ProgramServicesAmt |
| Management And General | $81,132 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,239,286 | TotalAmt |
| Program Services | $2,217,412 | ProgramServicesAmt |
| Management And General | $1,021,874 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,446,507 | TotalAmt |
| Program Services | $1,674,725 | ProgramServicesAmt |
| Management And General | $771,782 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,765,277 | TotalAmt |
| Management And General | $3,765,277 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,562 | TotalAmt |
| Program Services | $14,700 | ProgramServicesAmt |
| Management And General | $43,862 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,965 | TotalAmt |
| Program Services | $57,725 | ProgramServicesAmt |
| Management And General | $172,240 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,279 | TotalAmt |
| Program Services | $19,061 | ProgramServicesAmt |
| Management And General | $218 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,635,884 | TotalAmt |
| Program Services | $3,256,262 | ProgramServicesAmt |
| Management And General | $379,622 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,140,338 | TotalAmt |
| Management And General | $2,140,338 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $796,242 | TotalAmt |
| Program Services | $203,363 | ProgramServicesAmt |
| Management And General | $592,879 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,136,700 | TotalAmt |
| Program Services | $66,663 | ProgramServicesAmt |
| Management And General | $1,070,037 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,773,582 | TotalAmt |
| Program Services | $2,422,993 | ProgramServicesAmt |
| Management And General | $350,589 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,789 | TotalAmt |
| Program Services | $14,324 | ProgramServicesAmt |
| Management And General | $146,465 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,122 | TotalAmt |
| Program Services | $652 | ProgramServicesAmt |
| Management And General | $10,470 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,743,430 | TotalAmt |
| Program Services | $10,526,407 | ProgramServicesAmt |
| Management And General | $217,023 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,222,809 | TotalAmt |
| Program Services | $13,935,500 | ProgramServicesAmt |
| Management And General | $287,309 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,012,328 | TotalAmt |
| Program Services | $1,962,196 | ProgramServicesAmt |
| Management And General | $50,132 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| HEALTHCARE | $6,347,788 | $6,234,208 | $113,580 |
| OUTSIDE SERVICES | $5,595,814 | $5,516,501 | $79,313 |
| MAINTENANCE | $1,640,034 | $1,595,897 | $44,137 |
| MISC. OTHER EXPENSES | $1,557,445 | $91,338 | $1,466,107 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,252,934 | TotalAmt |
| Program Services | $1,703,695 | ProgramServicesAmt |
| Management And General | $1,549,239 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,548,292 | TotalAmt |
| Program Services | $74,500,011 | ProgramServicesAmt |
| Management And General | $22,048,281 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,646,692 | BOYAmt |
| EOY | $12,679,480 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,879,484 | BOYAmt |
| EOY | $120,896,113 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,391,234 | BOYAmt |
| EOY | $5,377,307 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $456,105 | BOYAmt |
| EOY | $453,250 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,178 | BOYAmt |
| EOY | $345,618 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $298,996 | BOYAmt |
| EOY | $583,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $314,603,164 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $97,600,070 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,617,334 | BOYAmt |
| EOY | $217,003,094 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,534,062 | BOYAmt |
| EOY | $38,503,352 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,468,419 | BOYAmt |
| EOY | $32,139,277 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,609,504 | BOYAmt |
| EOY | $427,980,872 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,924,136 | BOYAmt |
| EOY | $14,361,072 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,194,089 | BOYAmt |
| EOY | $12,210,805 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,413,109 | BOYAmt |
| EOY | $303,181,045 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,295,800 | BOYAmt |
| EOY | $19,899,359 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,350,732 | BOYAmt |
| EOY | $144,113,322 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $378,177,866 | BOYAmt |
| EOY | $493,765,603 | 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 | -$62,756,823 | BOYAmt |
| EOY | -$76,973,192 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,188,461 | BOYAmt |
| EOY | $11,188,461 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$51,568,362 | BOYAmt |
| EOY | -$65,784,731 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,609,504 | BOYAmt |
| EOY | $427,980,872 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$12,999,321 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,083,846 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,300,894 | 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 | $662,189 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $638,289 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $889,651 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $650,646 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $739,119 | CurrentTaxYearAmt |
| Total | $3,579,894 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,519,983 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,599,796 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $64,346,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,311,696 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,099,217 | CurrentTaxYearAmt |
| Total | $330,877,347 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,182,172 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,238,085 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,236,306 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,962,342 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,838,336 | CurrentTaxYearAmt |
| Total | $334,457,241 | 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 | $334,457,241 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $433,545 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $905,082 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,371,977 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,389,657 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,163,746 | CurrentTaxYearAmt |
| Total | $5,264,007 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $433,545 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $905,082 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,371,977 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,389,657 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,163,746 | CurrentTaxYearAmt |
| Total | $5,264,007 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $995,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $993,688 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,399,449 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $791,687 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,232,870 | CurrentTaxYearAmt |
| Total | $7,413,027 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,611,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $62,136,855 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $68,007,732 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $78,143,686 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $83,234,952 | CurrentTaxYearAmt |
| Total | $347,134,275 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | ANCILLARY SERVICES - 2016 AMOUNT: $ 853,359. 2017 AMOUNT: $ 814,902. 2018 AMOUNT: $ 1,043,176. 2019 AMOUNT: $ 760,752. 2020 AMOUNT: $ 475,490. OTHER REVENUE - 2016 AMOUNT: $ 141,974. 2017 AMOUNT: $ 175,898. 2018 AMOUNT: $ 21,477. 2019 AMOUNT: $ 27,625. 2020 AMOUNT: $ 2,754,320. MANAGEMENT REVENUE - 2017 AMOUNT: $ 2,888. 2018 AMOUNT: $ 3,340. 2019 AMOUNT: $ 3,310. 2020 AMOUNT: $ 3,060. INSURANCE PROCEEDS - 2018 AMOUNT: $ 254,911. GUEST ROOMS REVENUE - 2018 AMOUNT: $ 76,545. | ExplanationTxt |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,714,802 | OtherCostOrOtherBasisAmt |
| Book Value | $11,714,802 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $263,372,640 | OtherCostOrOtherBasisAmt |
| Depreciation | $78,185,933 | DepreciationAmt |
| Book Value | $185,186,707 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,976,150 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,139,857 | DepreciationAmt |
| Book Value | $10,836,293 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,906,756 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,309,933 | DepreciationAmt |
| Book Value | $8,596,823 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,632,816 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,964,347 | DepreciationAmt |
| Book Value | $668,469 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $217,003,094 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSITS | $97,447 |
| RESIDENT TRUST FUND | $12,814 |
| CONSTRUCTION IN PROGRESS | $31,099,768 |
| SERVICE DEPOSITS | $929,248 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $32,139,277 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS | $5,754,279 |
| FSO LIABILITY | $21,468,000 |
| RELATED PARTY LONG-TERM DEBT | $1,105,250 |
| REFUNDABLE ENTRANCE FEES | $115,785,793 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $144,113,322 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $82,732,627 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,083,846 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,900,190 | OtherRevenueAmt |
| Revenue Not Reported | -$816,344 | RevenueNotReportedAmt |
| Revenue Subtotal | $83,548,971 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $83,548,971 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $96,529,013 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$19,279 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$19,279 | ExpensesNotReportedAmt |
| Expenses Subtotal | $96,548,292 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $96,548,292 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 -2,880,911. INVESTMENT MANAGEMENT FEES -19,279. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES -19,279. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | Yes (1) | 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 (9 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 DON STEPHENS | ||||||||||||||
| CFO/TREASURER | $0 | $246,724 | $0 | $0 | $0 | $0 | $0 | $11,322 | $0 | $19,498 | $0 | $277,544 | $0 | $0 |
| MR ALAN BROWN | ||||||||||||||
| PRESIDENT | $0 | $274,543 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $274,543 | $0 | $0 |
| MS AMY THOMAS | ||||||||||||||
| VP & EXECUTIVE DIRECTOR | $0 | $178,496 | $0 | $0 | $0 | $0 | $0 | $8,924 | $0 | $24,388 | $0 | $211,808 | $0 | $0 |
| MR MATTHEW CURRIE | ||||||||||||||
| VP & EXECUTIVE DIRECTOR | $0 | $186,161 | $0 | $0 | $0 | $0 | $0 | $8,924 | $0 | $3,296 | $0 | $198,381 | $0 | $0 |
| MS JILL JANES | ||||||||||||||
| VP OF SALES & MARKETING | $0 | $165,925 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22,298 | $0 | $188,223 | $0 | $0 |
| MS DEBORAH NUGENT | ||||||||||||||
| EXECUTIVE DIRECTOR | $0 | $169,289 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9,299 | $0 | $178,588 | $0 | $0 |
| MR GREGORY ROSSI | ||||||||||||||
| EXECUTIVE DIRECTOR | $0 | $144,290 | $0 | $0 | $0 | $0 | $0 | $7,200 | $0 | $17,437 | $0 | $168,927 | $0 | $0 |
| MR RONALD E JENNETTE | ||||||||||||||
| FORMER PRESIDENT | $0 | $164,785 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $164,785 | $0 | $0 |
| MS FRANCES BELTRAN | ||||||||||||||
| VP HUMAN RESOURCES | $0 | $140,063 | $0 | $0 | $0 | $0 | $0 | $6,832 | $0 | $17,373 | $0 | $164,268 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| PART I, LINE 4A | RON JENNETTE, PAST PRESIDENT, RECEIVED A SEVERANCE PAYMENT FROM THE ORGANIZATION IN THE AMOUNT OF $164,785 IN 2020. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION | ||||||||
| A | 261604618 | 64542UDA9 | 2016-11-03 | $58,896,567 | DEVELOPMENT OF CCRC COMMUNITY | 0 | 0 | 0 |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION | ||||||||
| B | 261604618 | 64542UCR3 | 2016-09-08 | $54,843,605 | REFINANCING OF 2010 & 2011 BONDS ISSUED ON 7/28/10 & 12/13/11, RESPECTIVELY | 0 | 0 | 0 |
| RED RIVER HEALTH FACILITIES DEVELOPMENT CORPORATION | ||||||||
| C | 371545514 | 75687DAW3 | 2014-03-27 | $73,027,342 | DEVELOPMENT OF CCRC COMMUNITY | 0 | 0 | 0 |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION | ||||||||
| D | 261604618 | 2019-05-01 | $31,625,554 | REFINANCING OF 2017 BONDS ISSUED ON 11/15/17 & PURCHASE OF CCRC COMMUNITY | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $20,410,000 | $59,605,215 | $2,680,442 | $1,177,931 | $55,746,842 | 2018 | Yes (1) | 0 | 0 | Yes (1) | ||
| B | $3,530,000 | $55,083,202 | $3,167,358 | $1,096,872 | 2016 | 0 | Yes (1) | 0 | Yes (1) | $50,818,972 | ||
| C | $13,270,000 | $73,427,973 | $5,286,085 | $1,460,546 | $66,681,342 | 2016 | Yes (1) | 0 | Yes (1) | Yes (1) | ||
| D | $31,625,554 | $632,511 | 2020 | 0 | 0 | 0 | Yes (1) | $9,002,557 | $21,990,486 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0.00200 | 0.00000 | 0.00200 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: RED RIVER HEALTH FACILITIES DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 05/06/2019 |
| 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 $59,605,215 IS DUE TO INVESTMENT EARNINGS OF $708,648. THE DIFFERENCE BETWEEN THE 09/08/16 BOND ISSUE PRICE OF $54,843,605 AND THE TOTAL PROCEEDS OF THE ISSUE OF $55,083,202 IS DUE TO INVESTMENT EARNINGS OF $239,597. THE DIFFERENCE BETWEEN THE 03/27/14 BOND ISSUE PRICE OF $73,027,342 AND THE TOTAL PROCEEDS OF THE ISSUE OF $73,427,973 IS DUE TO INVESTMENT EARNINGS OF $400,631. THE DIFFERENCE BETWEEN THE 09/03/20 BOND ISSUE PRICE OF $125,271,395 AND THE TOTAL PROCEEDS OF THE ISSUE OF $124,935,000 IS DUE TO INVESTMENT EARNINGS OF $336,395. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043833551 | BondIssuerEIN |
| CUSIP | 87638RKH9 | CUSIPNum |
| Bond Issued | 2020-09-03 | BondIssuedDt |
| Issue Price | $124,935,000 | IssuePriceAmt |
| Purpose | REFUND SERIES 2018A BONDS ISSUED 3/15/18 AND NEW FACILITY CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $125,271,395 | TotalProceedsAmt |
| In Reserve Fund | $8,518,584 | InReserveFundAmt |
| Issuance Costs From Proceeds | $2,498,700 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $21,140,186 | CapitalExpendituresAmt |
| Other Spent Proceeds | $18,892,614 | OtherSpentProceedsAmt |
| Unspent | $74,221,311 | UnspentAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 4 | THE ORGANIZATION UPDATED IT'S BYLAWS DURING THE YEAR WHICH INCLUDED CHANGES TO THE AMOUNT OF MEMBERS NEEDED FOR A QUORUM ALONG WITH CHANGES IN NAMES AND OFFICERS. |
| 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 15 | 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 -2,880,894. ADDITIONAL FSO -420,000. |
| 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. |
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 | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | METHODIST RETIREMENT COMMUNITIES | |
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 NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | 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 | 0 | 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 | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |