2020-11-13T18:27:22-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2019-01-01 384022302 METHODIST RETIREMENT COMMUNITIES GROUP RETURN METH 2813632600 1440 LAKE FRONT CIRCLE NO 140 THE WOODLANDS TX 77380 DON STEPHENS CHIEF FINANCIAL OFFICER 2813632600 2020-11-13 1 MICHAEL SIEGEL P01587323 9723835700 2020-11-13 67.137.57.251 2020-11-13 18:25:15 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9758D956E7346A556FB2E1961439A7541AC084E4 2019 2021-01-29 14:40:06Z ALAN BROWN 1440 LAKE FRONT CIRCLE NO 140 THE WOODLANDS TX 77380 92107737 1 1 6242 X WWW.MRCAFF.ORG X 2016 TX SEE SCHEDULE O 13 13 0 990 0 0 889651 650646 64346655 75311696 1386632 1479536 1399449 791687 68022387 78233565 0 0 0 0 27090894 33196053 0 0 0 47939655 58106741 75030549 91302794 -7008162 -13069229 290135151 326609504 328690876 378177866 -38555725 -51568362 X THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. 0 0 24433516 30051525 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. 28419546 24730088 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. 15844087 18918892 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. 1396501 1611191 THE ORGANIZATION PROVIDES HOME HEALTH SERVICES FOR ITS RESIDENTS AT MRCPINECREST AND MRC CORNERSTONE. 1396501 1611191 70093650 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHELLE MILES 2812100114 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 MR WAYNE D HAGLUND CHAIR 17.00 3.00 X X 0 0 0 MR THOMAS R WUSSOW VICE CHAIR 10.00 1.00 X X 0 0 0 MR DON STEPHENS INTERIM PRESIDENT/CFO/TREASURER 34.00 6.00 X X 0 225810 30445 MRS ALYCE ANNE BAGGETT DIRECTOR 10.00 3.00 X 0 0 0 DR JESSE BRANNEN DIRECTOR 6.00 2.00 X 0 0 0 MR SAM H BURRIS JR PAST DIRECTOR 8.00 1.00 X 0 0 0 MR DALE CONGER DIRECTOR 9.00 1.00 X 0 0 0 MRS KIMBERLY K DENNEY DIRECTOR 17.00 2.00 X 0 0 0 MR JOHN C HICKS PAST DIRECTOR 7.00 1.00 X 0 0 0 MR BILL KING DIRECTOR 6.00 1.00 X 0 0 0 MR BILL KOERNER DIRECTOR 6.00 1.00 X 0 0 0 MRS LISA MCNAIR PAST DIRECTOR 6.00 1.00 X 0 0 0 DR CHARLES R MILLIKAN DIRECTOR 0.00 2.00 X 0 0 0 REV PRESTON MORGAN DIRECTOR 6.00 2.00 X 0 0 0 MR LARRY ST MARTIN DIRECTOR 5.00 1.00 X 0 0 0 REV BILLY T WILLIAMSON DIRECTOR 17.00 2.00 X 0 0 0 MR JACK WOMACK DIRECTOR 17.00 2.00 X 0 0 0 MR RONALD E JENNETTE PAST PRESIDENT 34.00 6.00 X 0 325912 19030 MRS HEATHER LEWIS ASSISTANT SECRETARY 38.00 2.00 X 0 71146 7466 MS JENNIFER POE SECRETARY 38.00 2.00 X 0 72653 5100 MS AMY THOMAS REGIONAL VP/EXECUTIVE DIRECTOR 40.00 0.00 X 0 166969 32032 MS JILL JANES VP SALES/MARKETING 40.00 0.00 X 0 156840 21000 MR MATTHEW CURRIE REGIONAL VP/EXECUTIVE DIRECTOR 40.00 0.00 X 0 162995 11996 MR GREGORY ROSSI EXECUTIVE DIRECTOR 40.00 0.00 X 0 130537 30731 MRS FRANCES BELTRAN VP HUMAN RESOURCES 40.00 0.00 X 0 126867 24010 0 1439729 181810 0 0 1 0 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 MEDICAL SERVICES 4235644 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 30368 FOOD SERVICES 3824763 SODEXO INC AFFILIATES 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICES 2536603 HEALTHPRO HERITAGE LLC PO BOX 69268 BALTIMORE MD 21264 MEDICAL SERVICES 535198 MCKESSON MEDICAL SURGICAL MINNESOTA SUPP PO BOX 630693 CINCINNATI OH 45263 SUPPLIES 482116 34 548973 76855 24818 8785 650646 NURSING AND ASSISTED LIVING 623000 32230494 32230494 RESIDENTIAL 623000 20799917 20799917 ASSISTED LIVING 623000 18268619 18268619 ENTRANCE FEE AMORTIZATION 623000 2456854 2456854 HOME HEALTH 623000 1555812 1555812 75311696 1389657 1389657 13964051 13873147 1025 90904 -1025 89879 89879 ANCILLARY SERVICES 812900 760752 760752 OTHER REVENUE 812900 27625 27625 MANAGEMENT REVENUE 900099 3310 3310 791687 78233565 75311696 0 2271223 27736525 20849786 6886739 222487 152736 69751 3041436 2087928 953508 2195605 1507270 688335 3766948 3766948 89366 20250 69116 219322 49698 169624 8201631 7692470 509161 2233256 591 2232665 802410 554081 248329 1272879 101151 1171728 2847637 2495536 352101 329604 18703 310901 15079 1198 13881 10701426 10276480 424946 12976922 12461617 515305 1850325 1804917 45408 HEALTHCARE 6618579 6509932 108647 MAINTENANCE 1619617 1577432 42185 FOOD 1118180 1099825 18355 LOSS ON REFINANCING OF 1056678 0 1056678 2386882 832049 1554833 91302794 70093650 21209144 0 14721761 13646692 30267767 25879484 6765305 6391234 454669 456105 283550 317178 655842 298996 312340354 83723020 182943369 228617334 31865649 35534062 22177239 15468419 290135151 326609504 14284697 13924136 9050152 12194089 179957270 198413109 11090264 14295800 114308493 139350732 328690876 378177866 X -50251689 -62756823 11695964 11188461 -38555725 -51568362 290135151 326609504 X -13069229 3022934 -2966342 X X 0 1 X 1 0 X 662189 638289 889651 650646 2840775 53519983 59599796 64346655 75311696 252778130 54182172 60238085 65236306 75962342 255618905 0 0 0 255618905 433545 905082 1371977 1389657 4100261 433545 905082 1371977 1389657 4100261 995333 993688 1399449 791687 4180157 55611050 62136855 68007732 78143686 263899323 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ANCILLARY SERVICES - 2016 AMOUNT: $ 853,359. 2017 AMOUNT: $ 814,902. 2018 AMOUNT: $ 1,043,176. 2019 AMOUNT: $ 760,752. OTHER REVENUE - 2016 AMOUNT: $ 141,974. 2017 AMOUNT: $ 175,898. 2018 AMOUNT: $ 21,477. 2019 AMOUNT: $ 27,625. MANAGEMENT REVENUE - 2017 AMOUNT: $ 2,888. 2018 AMOUNT: $ 3,340. 2019 AMOUNT: $ 3,310. INSURANCE PROCEEDS - 2018 AMOUNT: $ 254,911. GUEST ROOMS REVENUE - 2018 AMOUNT: $ 76,545. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11314303 11314303 262064953 66783448 195281505 15950772 4329262 11621510 20396926 10736757 9660169 2613400 1873553 739847 228617334 DEPOSITS 5177581 FSO LIABILITY 21048000 RELATED PARTY LONG-TERM DEBT 1108105 REFUNDABLE ENTRANCE FEES 112017046 139350732 X 78290157 3022934 -2966342 56592 78233565 0 78233565 91302794 0 91302794 0 91302794 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 -2,966,342. 1 0 0 0 0 0 0 0 0 MR DON STEPHENS INTERIM PRESIDENT/CFO/TREASURER 0 225810 0 0 0 0 0 11100 0 19345 0 256255 0 0 MR RONALD E JENNETTE PAST PRESIDENT 0 228138 0 0 0 97774 0 0 0 19030 0 344942 0 0 MS AMY THOMAS REGIONAL VP/EXECUTIVE DIRECTOR 0 166969 0 0 0 0 0 7500 0 24532 0 199001 0 0 MS JILL JANES VP SALES/MARKETING 0 156840 0 0 0 0 0 0 0 21000 0 177840 0 0 MR MATTHEW CURRIE REGIONAL VP/EXECUTIVE DIRECTOR 0 162995 0 0 0 0 0 8750 0 3246 0 174991 0 0 MR GREGORY ROSSI EXECUTIVE DIRECTOR 0 130537 0 0 0 0 0 6925 0 23806 0 161268 0 0 MRS FRANCES BELTRAN VP HUMAN RESOURCES 0 126867 0 0 0 0 0 6698 0 17312 0 150877 0 0 PART I, LINE 3 SALARY FOR THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL IS SET BY THE METHODIST RETIREMENT COMMUNITIES (MRC) BOARD, THE PARENT ENTITY. PART I, LINE 4A RON JENNETTE, PAST PRESIDENT, RECEIVED A SEVERANCE PAYMENT FROM A RELATED ORGANIZATION IN THE AMOUNT OF $97,774 IN 2019. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UDA9 2016-11-03 58896567 DEVELOPMENT OF CCRC COMMUNITY 0 0 0 B NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UCR3 2016-09-08 54843605 REFINANCING OF 2010 & 2011 BONDS ISSUED ON 7/28/10 & 12/13/11, RESPECTIVELY 0 0 0 C RED RIVER HEALTH FACILITIES DEVELOPMENT CORPORATION 371545514 75687DAW3 2014-03-27 73027342 DEVELOPMENT OF CCRC COMMUNITY 0 0 0 D TARRANT COUNTY CULTURUAL EDUCATION FACILITIES FINANCE CORPORATION 043833551 87638XAA2 2018-03-15 14850000 DEVELOPMENT OF CCRC COMMUNITY 0 0 0 A 17310000 59535824 3261793 171507 1177931 54924593 2018 1 0 0 1 B 2625000 55025633 3143516 1096872 50785245 2016 0 1 0 1 C 13000000 73298964 5301901 1460546 66536517 2016 1 0 1 1 D 14850000 1726427 297000 12826573 2019 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 0 0 0.00200 0.00000 0.00200 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 0 0 1 1 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: RED RIVER HEALTH FACILITIES DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 05/06/2019 SCHEDULE K, PART I, BOND ISSUES: THE NEWARK CULTURAL EDUCATION FACILITIES FINANCE CORPORATION BONDS ISSUED ON 11/15/17 WITH AN ISSUE PRICE OF $9,889,325 WERE FULLY REPAID IN MAY 2019. THEREFORE, THESE BONDS HAVE BEEN REMOVED FROM SCHEDULE K SINCE THEY HAD LESS THAN $100,000 OUTSTANDING BALANCE AS OF 12/31/19. 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 $59,535,824 IS DUE TO INVESTMENT EARNINGS OF $639,257. THE DIFFERENCE BETWEEN THE 09/08/16 BOND ISSUE PRICE OF $54,843,605 AND THE TOTAL PROCEEDS OF THE ISSUE OF $55,025,633 IS DUE TO INVESTMENT EARNINGS OF $182,028. THE DIFFERENCE BETWEEN THE 03/27/14 BOND ISSUE PRICE OF $73,027,342 AND THE TOTAL PROCEEDS OF THE ISSUE OF $73,298,964 IS DUE TO INVESTMENT EARNINGS OF $271,622. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 2019-05-01 31625554 REFINANCING OF 2017 BONDS ISSUED ON 11/15/17 & PURCHASE OF CCRC COMMUNITY 0 0 0 A 31625554 632511 9002557 21990486 2020 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 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 THE MANAGEMENT COMPANY OF THIS ENTITY IS MRC, A RELATED ORGANIZATION. 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 -2,966,342. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE WHICH ASSUMES RESPONSIBILITY FOR CHOOSING THE INDEPENDENT AUDITOR AND OVERSIGHT OF THE INDEPENDENT AUDIT. THIS PROCESS IS CONSISTENT WITH PRIOR YEARS. FORM 990, PART VI, LINE 1A: DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL THE POWERS AND FUNCTIONS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT AND DIRECTION OF THE AFFAIRS OF THE ORGANIZATION IN ALL CASES IN WHICH SPECIFIC DIRECTION SHALL NOT HAVE BEEN GIVEN BY THE BOARD OF DIRECTORS. METHODIST RETIREMENT COMMUNITIES 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 741403088 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 10 N/A 0 UNITED METHODIST SENIOR SERVICES FOUNDATION 1440 LAKE FRONT CIRCLE STE 140 THE WOODLANDS TX 77380 205992404 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 12A, I METHODIST RETIREMENT COMMUNITIES 0 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 0 NFP ASSURANCE GROUP PO BOX 1085 5TH FLOOR QUEENSGATE HO CJ 980405035 SELF-INSURANCE CJ N/A C 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0