METHODIST RETIREMENT COMMUNITIES: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- METHODIST RETIREMENT COMMUNITIES (EIN 74-1403088)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-12
- IRS object ID
- 201813169349302776
- Schema version
- 2017v2.3
- 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 | 2018-11-12T12:07:02-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | 2017-01-01 | 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 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 | CFO | PersonTitleTxt |
| Phone | 2813632600 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL SIEGEL | PreparerPersonNm |
| PTIN | P01587323 | PTIN |
| Phone | 9723835700 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-12 | IPDt |
| IP Tm | 08:53:04 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 3D9154BA3048C734CF542378A967588326016629 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8060EC15FF92BEED2781A6F47B5B824551D192E6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | RON JENNETTE | 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 | $4,190,572 | 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 | 1293 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $27,882 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,923,763 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,147,759 | CYProgramServiceRevenueAmt |
| PY Investment Income | $575,946 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,027,641 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,527,591 | PYTotalRevenueAmt |
| CY Total Revenue | $4,178,400 | 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 | $1,890,354 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,998,980 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $789,792 | PYOtherExpensesAmt |
| CY Other Expenses | $1,024,378 | CYOtherExpensesAmt |
| PY Total Expenses | $2,680,146 | PYTotalExpensesAmt |
| CY Total Expenses | $3,023,358 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $847,445 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,155,042 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,718,534 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,266,211 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,443,690 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,843,480 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,274,844 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,422,731 | 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 | $120,650 | ExpenseAmt |
| Revenue | $3,147,759 | 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 |
| Total Program Service Expenses | $120,650 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 69 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1293 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | 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 |
| 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 | 0 | 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 (22 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 |
|---|---|---|---|---|---|---|---|---|
| MRS KIMBERLY DENNEY | ||||||||
| CHAIR | 1.00 | 14.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR WAYNE HAGLUND | ||||||||
| VICE CHAIR | 1.00 | 12.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR RONALD E JENNETTE | ||||||||
| PRESIDENT | 3.00 | 37.00 | Yes (X) | Yes (X) | $303,069 | $0 | $49,569 | |
| MS ALYCE ANNE BAGGETT | ||||||||
| DIRECTOR | 1.00 | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| MR SAM H BURRIS JR | ||||||||
| DIRECTOR | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDGE JAMES M CARLOW | ||||||||
| DIRECTOR | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JOHN HICKS | ||||||||
| DIRECTOR | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS LISA MCNAIR | ||||||||
| DIRECTOR | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||
| DR CHARLES R MILLIKAN | ||||||||
| DIRECTOR | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| REV PRESTON MORGAN | ||||||||
| DIRECTOR | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MR DONALD N MORRISS | ||||||||
| DIRECTOR | 1.00 | 14.00 | Yes (X) | $0 | $0 | $0 | ||
| REV BT WILLIAMSON | ||||||||
| DIRECTOR | 1.00 | 14.00 | Yes (X) | $0 | $0 | $0 | ||
| REV JACK WOMACK | ||||||||
| DIRECTOR | 1.00 | 14.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS R WUSSOW | ||||||||
| DIRECTOR | 1.00 | 7.00 | Yes (X) | $0 | $0 | $0 | ||
| MR CHARLES CHILDRESS | ||||||||
| COO | 0.00 | 40.00 | Yes (X) | $176,021 | $0 | $26,064 | ||
| MR DON STEPHENS | ||||||||
| CFO/TREASURER | 2.00 | 38.00 | Yes (X) | $171,852 | $0 | $23,760 | ||
| MS HEATHER LEWIS | ||||||||
| SECRETARY | 1.00 | 39.00 | Yes (X) | $61,955 | $0 | $5,882 | ||
| MRS RENEE MENA | ||||||||
| CONTROLLER | 0.00 | 40.00 | $121,350 | $0 | $20,977 | Yes (X) | ||
| MRS ALYSSA ADAM | ||||||||
| VP MARKETING | 0.00 | 40.00 | $119,342 | $0 | $18,486 | Yes (X) | ||
| MS AMY THOMAS | ||||||||
| EXECUTIVE DIRECTOR | 0.00 | 40.00 | $114,140 | $0 | $26,854 | Yes (X) | ||
| MS FRANCES BELTRAN | ||||||||
| VP HUMAN RESOURCES | 0.00 | 40.00 | $112,592 | $0 | $15,207 | Yes (X) | ||
| MR MATTHEW CURRIE | ||||||||
| VP/EXECUTIVE DIRECTOR | 0.00 | 40.00 | $131,359 | $0 | $9,037 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,311,680 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $195,836 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | |||||
| 5001 SPRING VALLEY ROAD | DALLAS | TX | 75244 | PROFESSIONAL ACCOUNTING/TAX SERVICES | $197,339 |
| BRACEWELL & GUILIANI LLP | |||||
| PO BOX 848566 | DALLAS | TX | 752848566 | LEGAL SERVICES | $174,939 |
| SOLARIS ADVISORS LLC | |||||
| 645 MADISON AVE 8TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MANAGEMENT SERVICES | $122,372 |
| GMSC TEXAS LLC | |||||
| 225 E JOHN CARPENTER FREEWAY STE | IRVING | TX | 75062 | ARCHITECTURE/PROFESSIONAL SERVICES | $100,997 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,000 | RelatedOrganizationsAmt |
| Total Contributions | $3,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEES | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $3,147,759 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,147,759 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,147,759 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,039,813 | TotalRevenueColumnAmt |
| Exclusion | $1,039,813 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $12,172 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$12,172 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,172 | TotalRevenueColumnAmt |
| Exclusion | -$12,172 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,178,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,147,759 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,027,641 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $712,897 | TotalAmt |
| Program Services | $28,449 | ProgramServicesAmt |
| Management And General | $684,448 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,067,123 | TotalAmt |
| Program Services | $42,585 | ProgramServicesAmt |
| Management And General | $1,024,538 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,339 | TotalAmt |
| Program Services | $3,046 | ProgramServicesAmt |
| Management And General | $73,293 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,984 | TotalAmt |
| Program Services | $758 | ProgramServicesAmt |
| Management And General | $18,226 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,637 | TotalAmt |
| Program Services | $4,934 | ProgramServicesAmt |
| Management And General | $118,703 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,563 | TotalAmt |
| Program Services | $1,738 | ProgramServicesAmt |
| Management And General | $41,825 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,995 | TotalAmt |
| Program Services | $2,833 | ProgramServicesAmt |
| Management And General | $68,162 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,715 | TotalAmt |
| Program Services | $1,146 | ProgramServicesAmt |
| Management And General | $27,569 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,954 | TotalAmt |
| Program Services | $557 | ProgramServicesAmt |
| Management And General | $13,397 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,238 | TotalAmt |
| Program Services | $2,164 | ProgramServicesAmt |
| Management And General | $52,074 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,935 | TotalAmt |
| Program Services | $4,547 | ProgramServicesAmt |
| Management And General | $109,388 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,277 | TotalAmt |
| Program Services | $1,727 | ProgramServicesAmt |
| Management And General | $41,550 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,624 | TotalAmt |
| Program Services | $5,452 | ProgramServicesAmt |
| Management And General | $131,172 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,410 | TotalAmt |
| Program Services | $1,453 | ProgramServicesAmt |
| Management And General | $34,957 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,913 | TotalAmt |
| Program Services | $2,311 | ProgramServicesAmt |
| Management And General | $55,602 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,681 | TotalAmt |
| Program Services | $2,860 | ProgramServicesAmt |
| Management And General | $68,821 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $206,372 | TotalAmt |
| Program Services | $8,235 | ProgramServicesAmt |
| Management And General | $198,137 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LEASE PAYMENTS | $105,608 | $4,214 | $101,394 |
| SUPPLIES | $27,256 | $1,088 | $26,168 |
| REPAIRS & MAINTENANCE | $10,946 | $437 | $10,509 |
| DUES & LICENSES | $2,775 | $111 | $2,664 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116 | TotalAmt |
| Program Services | $5 | ProgramServicesAmt |
| Management And General | $111 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,023,358 | TotalAmt |
| Program Services | $120,650 | ProgramServicesAmt |
| Management And General | $2,902,708 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,060,647 | BOYAmt |
| EOY | $961,476 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,528,452 | BOYAmt |
| EOY | $3,567,223 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,289,570 | BOYAmt |
| EOY | $1,836,142 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,453,330 | BOYAmt |
| EOY | $4,930,146 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,946 | BOYAmt |
| EOY | $231,032 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,837,741 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $634,303 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,191,081 | BOYAmt |
| EOY | $1,203,438 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,508 | BOYAmt |
| EOY | $500,920 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $35,834 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,718,534 | BOYAmt |
| EOY | $13,266,211 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,168 | BOYAmt |
| EOY | $391,632 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,126,522 | BOYAmt |
| EOY | $5,451,848 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,443,690 | BOYAmt |
| EOY | $5,843,480 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,178,560 | BOYAmt |
| EOY | $7,326,448 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,284 | BOYAmt |
| EOY | $96,283 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,274,844 | BOYAmt |
| EOY | $7,422,731 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,718,534 | BOYAmt |
| EOY | $13,266,211 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,155,042 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,973 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$11,128 | 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 | $31,054 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,031,644 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,796 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,882 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,000 | CurrentTaxYearAmt |
| Total | $1,113,376 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,241,798 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,409,972 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,688,236 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,923,763 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,147,759 | CurrentTaxYearAmt |
| Total | $13,411,528 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,272,852 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,441,616 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,708,032 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,951,645 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,150,759 | CurrentTaxYearAmt |
| Total | $14,524,904 | 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 | $14,524,904 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $44,925 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,818 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $581,942 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,039,813 | CurrentTaxYearAmt |
| Total | $1,715,498 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $44,925 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,818 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $581,942 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,039,813 | CurrentTaxYearAmt |
| Total | $1,715,498 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,272,852 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,486,541 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,756,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,533,587 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,190,572 | CurrentTaxYearAmt |
| Total | $16,240,402 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.89440 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95200 | PublicSupportPY509Pct |
| Investment Income CY | 0.10560 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04800 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,049,032 | OtherCostOrOtherBasisAmt |
| Book Value | $1,049,032 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,630 | OtherCostOrOtherBasisAmt |
| Depreciation | $77,764 | DepreciationAmt |
| Book Value | $1,866 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $709,079 | OtherCostOrOtherBasisAmt |
| Depreciation | $556,539 | DepreciationAmt |
| Book Value | $152,540 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,203,438 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,171,245 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,973 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$11,128 | OtherRevenueAmt |
| Revenue Not Reported | -$7,155 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,178,400 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,178,400 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,023,358 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,023,358 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,023,358 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 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 -11,128. |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE F, PART V | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
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 | 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 (3 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 RONALD E JENNETTE | ||||||||||||||
| PRESIDENT | $303,069 | $0 | $0 | $0 | $0 | $0 | $31,432 | $0 | $18,137 | $0 | $352,638 | $0 | $0 | $0 |
| MR CHARLES CHILDRESS | ||||||||||||||
| COO | $176,021 | $0 | $0 | $0 | $0 | $0 | $8,974 | $0 | $17,090 | $0 | $202,085 | $0 | $0 | $0 |
| MR DON STEPHENS | ||||||||||||||
| CFO/TREASURER | $171,852 | $0 | $0 | $0 | $0 | $0 | $8,974 | $0 | $14,786 | $0 | $195,612 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE FOLLOWING INDIVIDUALS RECEIVED A TAX INDEMIFCATION AND GROSS-UP PAYMENTS DURING 2017: RONALD JENNETTE (PRESIDENT) $323 DON STEPHENS (CFO) $323 CHARLES CHILDRESS (COO) $113 ALYSSA ADAM (VP MARKETING) $75 RENEE MENA (CONTROLLER) $94 MATTHEW CURRIE (VP/EXECUTIVE DIRECTOR) $113 AMY THOMAS (EXECUTIVE DIRECTOR) $113 FRANCES BELTRAN (VP HUMAN RESOURCES) $323 |
| PART I, LINE 4A | HAROLD ERMSHAR, PAST EXECUTIVE DIRECTOR, RECEIVED A SEVERANCE PACKAGE IN 2017 IN THE AMOUNT OF $38,889. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 -11,128. |
| 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 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). DURING CALENDAR YEAR ENDING DECEMBER 31, 2017, METHODIST RETIREMENT COMMUNITIES (EIN: 74-1403088), A U.S. TAX-EXEMPT CORPORATION, MADE DIRECT, INDIRECT AND/OR CONSTRUCTIVE TRANSFERS OF CASH IN THE AMOUNTS OF $3,352,141 TO NFP ASSURANCE GROUP, LTD. (EIN: 98-0405035), ITS SUBSIDIARY FORMED IN THE CAYMAN ISLANDS. 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 2100 STANTONSBURG ROAD, GREENVILLE, NC 27835 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 DIRECT, INDIRECT AND/OR CONSTRUCTIVE TRANSFERS OF CASH DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2017 IN THE AMOUNT OF $3,352,141 IN U.S. DOLLARS (THE "TRANSFERS") TO NFP ASSURANCE GROUP, LTD., ITS WHOLLY-OWNED SUBSIDIARY FORMED IN THE CAYMAN ISLANDS (THE "TRANSFEREE"). THE COST BASIS IN THE CASH TRANSFERRED EQUALS THE FAIR MARKET VALUE. THE TRANSFERS REPRESENTED CAPITAL CONTRIBUTIONS BY THE TRANSFEROR TO THE TRANSFEREE PURSUANT TO CODE SECTION 351 OR AS NON-TAXABLE DEPOSITS. 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 TRANSFEROR MADE DIRECT, INDIRECT, CONSTRUCTIVE TRANSFERS AND/OR NON-TAXABLE DEPOSITS OF CASH IN THE AMOUNT OF $3,352,141 IN U.S. DOLLARS TO THE TRANSFEREE IN CONNECTION WITH AN ALTERNATIVE RISK FINANCING ARRANGEMENT. 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 (3 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) |
| THE PINECREST RETIREMENT TRUST | ||||||||||
| 1440 LAKE FRONT CIRCLE STE 140 | THE WOODLANDS | TX | 77380 | 752802726 | PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS | TX | 501(C)(3) | LINE 12A, I | 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 | $218,743 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $3,020,734 | 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 (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| D | $4,930,146 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| E | $5,482,302 | FMV |
| NFP ASSURANCE GROUP LTD | ||
| F | $1,000,000 | FMV |
| NFP ASSURANCE GROUP LTD | ||
| K | $105,608 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| L | $3,009,321 | FMV |
| METHODIST RETIREMENT COMMUNITIES GROUP RETURN | ||
| Q | $1,814,417 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART II: | FormAndLineReferenceDesc |
| Explanation | THE CURRENT YEAR SCHEDULE EXCLUDES THE FOLLOWING RELATED TAX-EXEMPT ORGANIZATIONS AS THESE ORGANIZATIONS ARE NOW INCLUDED UNDER THE METHODIST RETIREMENT COMMUNITIES GROUP RETURN (EIN 38-4022302): MRC CRESTVIEW PLACE (EIN 74-2989751) MRC CRESTVIEW TERRACE (EIN 76-0669542) CRESTIVEW UNITY (EIN 76-0697463) MRC PINECREST (EIN 76-0347078) MRC CORNERSTONE (EIN 76-0454486) HAPPY HARBOR SENIOR HOUSING (76-0674922) BAYVIEW SENIOR HOUSING (EIN 20-8289146) MRC TOWNCREEK (EIN 76-0668992) MRC CRESTVIEW (EIN 76-0520414) HAPPY HARBOR METHODIST HOME, INC. (EIN 74-6078737) ALDERSGATE TRUST (EIN 76-6176219) MRC SENIOR LIVING (EIN 45-4198642) MRC SENIOR LIVING FORT WORTH (EIN 82-1763037) MRC SENIOR LIVING SAN ANTONIO (EIN 82-1746315) | ExplanationTxt |