2026-02-09T17:58:37-06:00 2025-03-31 420714325 RSM US LLP 201 FIRST ST SE STE 800 CEDAR RAPIDS IA 524011425 990 2024-04-01 420838541 THE METH-WICK COMMUNITY INC METH 3193659171 1224 13TH ST NW CEDAR RAPIDS IA 524052404 KATHLEEN A HORAN CHIEF EXECUTIVE OFFICER 3193659171 2026-02-09 1 1 SHAWNA HULS P01315330 3192985333 2026-02-09 2024 2025-03-06 01:10:19Z KATHLEEN A HORAN 1224 13TH ST NW CEDAR RAPIDS IA 524052404 25648368 0 X WWW.METHWICK.ORG X 1959 IA CONTINUING CARE RETIREMENT COMMUNITY. 17 17 256 120 52642 44319 2406674 895345 19105936 20294328 244198 531827 51592 55457 21808400 21776957 0 0 0 0 10830886 11319736 0 0 0 10345134 10445323 21176020 21765059 632380 11898 36215645 34930510 16308370 14853624 19907275 20076886 X OUR MISSION IS TO PROVIDE A SECURE AND CARING LIVING ENVIRONMENT TO THOSE WE SERVE, ALLOWING THEM TO MAINTAIN THEIR DIGNITY AND TO ENRICH THE QUALITY OF THEIR LIVES AS THEY AGE. 0 0 8962633 9741015 NURSING HOME- OPERATED A 69 LICENSED BED NURSING HOME FACILITY WHICH PROVIDED 22,524 RESIDENT DAYS OF CARE FOR RESIDENTS TRANSFERRING FROM OTHER SERVICE LEVELS WITHIN THE METH-WICK COMMUNITY AND FROM THE SURROUNDING AREA. FREE AND DISCOUNTED CARE IS PROVIDED TO ANY RESIDENT WHO IS UNABLE TO PAY FOR THE SERVICES THEY NEED. 17 RESIDENTS RECEIVED SUCH ASSISTANCE IN THE 2024-25 FISCAL YEAR. 3188622 4184537 INDEPENDENT LIVING - PROVIDED 175 INDEPENDENT LIVING UNITS WHICH ALLOW THE RESIDENTS THE OPPORTUNITY TO LIVE INDEPENDENTLY WHILE HAVING ACCESS TO ALL HEALTH, WELLNESS AND RECREATIONAL SERVICES AVAILABLE ON OUR CAMPUS. ADDITIONALLY, INDEPENDENT LIVING RESIDENTS MAY ADD SERVICES OR TRANSITION TO ANY OTHER LEVEL OF LIVING/CARE PROVIDED ON OUR CAMPUS WHEN NECESSARY TO MEET THEIR NEEDS. 3752345 3449739 ASSISTED LIVING - OPERATED TWO ASSISTED LIVING FACILITIES WITH 79 TOTAL LICENSED UNITS. PROVIDED 13,445 RESIDENT DAYS OF CARE FOR RESIDENTS TRANSFERRING FROM OTHER SERVICE LEVELS WITHIN THE METH-WICK COMMUNITY AND THE SURROUNDING AREA. FREE AND DISCOUNTED CARE IS PROVIDED TO ANY RESIDENT WHO IS UNABLE TO PAY FOR THE SERVICES THEY NEED. 5 RESIDENTS RECEIVED SUCH ASSISTANCE IN THE 2024-25 FISCAL YEAR. 2570388 2820576 SUPPORTED LIVING - PROVIDED 70 SUPPORTED LIVING UNITS TO CARE FOR RESIDENTS TRANSFERRING FROM OTHER SERVICE LEVELS WITHIN THE METH-WICK COMMUNITY AND FROM THE SURROUNDING AREA. FREE AND DISCOUNTED CARE IS PROVIDED TO ANY RESIDENT WHO IS UNABLE TO PAY FOR THE SERVICES THEY NEED. 3 RESIDENTS HAVE RECEIVED SUCH ASSISTANCE IN THE 2024-25 FISCAL YEAR. 187144 98461 BEAUTY SHOP AND ESTATE COUNSELING. 2757532 2919037 18661132 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 256 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KATHLEEN A HORAN 3193659171 1224 13TH ST NW CEDAR RAPIDS IA 524052404 DR JOHN HERRING CHAIR 1.00 X X 0 0 0 JIM KOCH VICE CHAIR 1.00 X X 0 0 0 PAUL SALE TREASURER 1.00 X X 0 0 0 SAM BLACK SECRETARY 1.00 X X 0 0 0 BRIAN SCOTT PAST CHAIR 1.00 X 0 0 0 LOIS BUNTZ BOARD MEMBER 1.00 X 0 0 0 MONICA DAVIS BOARD MEMBER 1.00 X 0 0 0 MIKE DULANEY BOARD MEMBER 1.00 X 0 0 0 GARY ERNST BOARD MEMBER 1.00 X 0 0 0 WES FOWLER BOARD MEMBER 1.00 X 0 0 0 DEBORAH GERTSEN BOARD MEMBER (THRU 07/24) 1.00 X 0 0 0 JONI HOWLAND BOARD MEMBER 1.00 X 0 0 0 RICHARD JOHNSON BOARD MEMBER 1.00 X 0 0 0 DAVE MARKWARD BOARD MEMBER 1.00 X 0 0 0 JOSEPH MILLER BOARD MEMBER 1.00 X 0 0 0 MATTHEW POWERS BOARD MEMBER 1.00 X 0 0 0 DARA SCHMIDT BOARD MEMBER (THRU 07/24) 1.00 X 0 0 0 MARTY STOLL BOARD MEMBER (THRU 07/24) 1.00 X 0 0 0 MARK VALLIERE BOARD MEMBER 1.00 X 0 0 0 BOB VANCURA BOARD MEMBER 1.00 X 0 0 0 KATHLEEN A HORAN CHIEF EXECUTIVE OFFICER (EFF 04/24) 48.00 X 168040 0 9506 RON JAEGER CHIEF FINANCIAL OFFICER 40.00 X 154336 0 34922 ROBIN MIXDORF PRESIDENT (THRU 03/24) 48.00 X 183102 0 13569 TIM PENDERGAST DIRECTOR OF FACILITIES 40.00 X 101745 0 6791 607223 0 64788 4 0 1 0 SODEXO INC PO BOX 360170 PITTSBURG PA 15251 FOOD SERVICE PROVIDER 2428429 MILLENNIUM REHAB & CONSULTING INC 4725 MERLE HAY ROAD DES MOINES IA 50322 THERAPY PROVIDER 427223 APPLEBY AND HORN TILE CO 128 31ST ST NE CEDAR RAPIDS IA 52402 FLOORING VENDOR 312371 BOWKER PINNACLE MECHANICAL 1000 32ND AVE SW CEDAR RAPIDS IA 52404 PLUMBING 234346 ILTENS INC 919 14TH AVE SW CEDAR RAPIDS IA 52404 HVAC CONTRACTOR 174817 12 17257 878088 895345 HEALTHCARE FEES 623000 11657963 11657963 RESIDENT FEES 623000 7398106 7398106 ENTRANCE FEES 623000 1238259 1238259 20294328 425458 425458 2815 0 2815 2815 2815 3977780 3869510 1901 108270 -1901 106369 106369 ROOF LICENSE-ANTENNA 517000 52642 52642 52642 21776957 20294328 52642 534642 550523 110105 440418 8499743 7696843 802900 198414 175578 22836 1414668 1218984 195684 656388 569369 87019 4904 4904 84641 13020 71621 61082 61082 624416 520360 104056 163380 163380 450049 364810 85239 137031 137031 901060 731867 169193 30554 27829 2725 55851 39820 16031 96312 96312 3070958 2876098 194860 532967 532967 RESIDENT MEALS 2414985 2395843 19142 THERAPY & OUTSIDE SVCS 826100 645372 180728 REPAIRS & MAINTENANCE 522684 522684 MEDS & MED SUPPLIES 160075 160075 308274 271701 36573 21765059 18661132 3103927 0 2102577 1477618 480186 259378 239031 238043 730971 560679 259752 293631 87391709 67990145 20701731 19401564 11701397 12699597 36215645 34930510 1997181 1766261 11710235 11667140 2277682 1032719 323272 387504 16308370 14853624 X 14349005 14310200 5558270 5766686 19907275 20076886 36215645 34930510 11898 157713 0 X 0 1 X 1 0 X 3120247 562615 329451 2406674 895345 7314332 3120247 562615 329451 2406674 895345 7314332 2074324 5240008 232905 307624 300194 348662 428273 1617658 43496 37946 42734 44037 44319 212532 9144522 92236391 0.57300 0.59710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9717225 322284 537075 414932 52181 10109471 7944993 1099844 1169136 449880 46868 9717225 8900786 130825 -548993 472957 64668 7944993 8533717 199045 443443 196256 79163 8900786 6118161 465537 2174930 174712 50199 8533717 0.47055 0.09553 0.43392 0 0 2015388 2015388 77089279 61617553 15471726 8287042 6372592 1914450 19401564 APPLICANTS' DEPOSITS 387504 387504 X 21936571 157713 157713 21778858 -1901 -1901 21776957 21766960 1901 1901 21765059 0 21765059 PART V, LINE 4: THE ENDOWMENT FUNDS PRIMARILY PROVIDE A SOURCE FOR FURNISHING FREE AND DISCOUNTED CARE TO RESIDENTS OF THE METH-WICK COMMUNITY WHO HAVE SUBSTANTIALLY DEPLETED THEIR RESOURCES. THE BOARD OF DIRECTORS FOLLOW THE POLICY OF RETAINING A SET PERCENTAGE OF THE INTEREST INCOME EARNED ON THE FUNDS AND USING THE REMAINDER FOR RESIDENT CARE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE ORGANIZATION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN ACCORDANCE WITH THAT GUIDANCE, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE IS NO LIABILITY TO RECORD. THE ORGANIZATION HAS NOT BEEN NOTIFIED OF ANY IMPENDING EXAMINATION BY TAX AUTHORITIES AND NO EXAMINATIONS ARE IN PROCESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF PPE -1,901. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF PPE 1,901. X X X 0 0 0 0 0 0 0 0 0 ROBIN MIXDORF PRESIDENT (THRU 03/24) 59341 0 123761 0 0 0 9709 0 3860 0 196671 0 0 0 RON JAEGER CHIEF FINANCIAL OFFICER 154336 0 0 0 0 0 4895 0 30027 0 189258 0 0 0 KATHLEEN A HORAN CHIEF EXECUTIVE OFFICER (EFF 04/24) 168040 0 0 0 0 0 0 0 9506 0 177546 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF EXECUTIVE WILL SIGN AND CERTIFY THAT THE IRS FORM 990 IS ACCURATE AND COMPLETE. THE FINANCE COMMITTEE WILL REVIEW AND APPROVE THE IRS FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION, AND THE FULL BOARD SHALL RECEIVE A COPY OF THE IRS FORM 990 IMMEDIATELY PRIOR TO THE DATE OF SUBMISSION FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY: ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THIS STATEMENT WILL ALLOW THE METH-WICK COMMUNITY, INC. TO IDENTIFY ANY CORPORATE, MEMBERSHIP OR OTHER RELATIONSHIPS OF THE INDIVIDUAL WHICH COULD BENEFIT THE PRIVATE INTEREST OF SUCH INDIVIDUAL OR RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THE COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REVIEWED BY THE CHAIR OF THE CORPORATION AND INSURANCE COMMITTEE. THE CHAIR WILL REPORT ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE BOARD OF DIRECTORS WITH THE INDIVIDUAL IN QUESTION GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS REGARDING THE POSSIBLE CONFLICT. THE BOARD WILL THEN DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION POLICY: THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE METH-WICK COMMUNITY, INC. HAS GENERAL OVERSIGHT OF THE YEARLY EVALUATION OF THE CHIEF EXECUTIVE OF THE ORGANIZATION AND IS THE AUTHORIZED BODY TO DETERMINE COMPENSATION ARRANGEMENTS FOR THE CHIEF EXECUTIVE. THE CHAIRPERSON OF THE BOARD WILL NOTIFY THE BOARD OF DIRECTORS OF THE ANNUAL EVALUATION AND SEEK THEIR INPUT ALONG WITH INPUT FROM THE SENIOR MANAGEMENT STAFF AND SELECTED RESIDENT REPRESENTATIVES. THE EVALUATION WILL BE CONDUCTED ON A TIMELY BASIS TO COINCIDE WITH THE ANNUAL BUDGETING PROCESS. THE EXECUTIVE COMMITTEE WILL: -ENSURE THAT THE COMPENSATION ARRANGEMENT IS APPROVED BY A COMMITTEE COMPOSED ENTIRELY OF INDIVIDUALS WHO HAVE NO CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. -OBTAIN APPROPRIATE DATA AS TO SALARY COMPARABILITY TO BE USED IN THE DECISION MAKING PROCESS. -ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATIONOF THE COMPENSATION PACKAGE. APPROPRIATE DATA FOR COMPARABILITY WILL INCLUDE COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, FOR FUNCTIONALLY COMPARABLE POSITIONS; THE AVAILABILITY OF SIMILAR SERVICE IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PERSON. THE COMMITTEE WILL MEET INDEPENDENT OF THE CHIEF EXECUTIVE TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION AND IDENTIFIED PERFORMANCE GOALS. ONCE CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO THE ESTABLISHED OBJECTIVES. THE COMMITTEE AND/OR THE BOARD CHAIR WILL MEET WITH THE CHIEF EXECUTIVE TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES AND GOALS FOR THE UPCOMING YEAR. COMPENSATION FOR THE UPCOMING YEAR IS TO BE DISCUSSED AND DOCUMENTED AS WELL. THE COMMITTEE WILL PRESENT ITS FINDINGS AND RESULTING EXECUTIVE COMPENSATION PACKAGE TO THE FULL BOARD IN AN EXECUTIVE SESSION WITHOUT THE CHIEF EXECUTIVE PRESENT. SENIOR MANAGEMENT STAFF COMPENSATION PROCEDURE: THE CHIEF EXECUTIVE OF THE METH-WICK COMMUNITY, INC. HAS GENERAL OVERSIGHT OF THE YEARLY EVALUATION OF THE SENIOR MANAGEMENT STAFF OF THE ORGANIZATION AND IS THE AUTHORIZED BODY TO DETERMINE COMPENSATION ARRANGEMENTS FOR THE SENIOR MANAGEMENT STAFF. THE DIRECTOR OF HUMAN RESOURCES OF THE METH-WICK COMMUNITY WILL NOTIFY THE CHIEF EXECUTIVE OF THE NECESSARY ANNUAL EVALUATIONS. THE EVALUATIONS WILL BE CONDUCTED ON A TIMELY BASIS TO COINCIDE WITH THE ANNUAL BUDGETING PROCESS. THE CHIEF EXECUTIVE WILL: -ENSURE THAT THERE IS NO CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. -OBTAIN APPROPRIATE DATA AS TO SALARY COMPARABILITY TO BE USED IN THE DECISION MAKING PROCESS. -ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATION OF THE COMPENSATION PACKAGE. APPROPRIATE DATA FOR COMPARABILITY WILL INCLUDE COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, FOR FUNCTIONALLY COMPARABLE POSITIONS; THE AVAILABILITY OF SIMILAR SERVICE IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PERSON. THE CHIEF EXECUTIVE WILL MEET WITH THE SENIOR EXECUTIVE STAFF TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES AND GOALS FOR THE UPCOMING YEAR. COMPENSATION FOR THE UPCOMING YEAR IS TO BE DISCUSSED AND DOCUMENTED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 THE CHIEF EXECUTIVE OF THE METH-WICK COMMUNITY, INC. IS RESPONSIBLE FOR MAKING THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THE GENERAL PUBLIC CAN REQUEST COPIES OF THESE DOCUMENTS BY CONTACTING THE CHIEF EXECUTIVE AT THE METH-WICK COMMUNITY, INC., 1224 13TH STREET NW, CEDAR RAPIDS, IA 52405. THE REQUEST CAN BE MADE IN PERSON OR IN WRITING.