2015-08-14T13:37:49-05:00 2014-12-31 410746749 CLIFTONLARSONALLENLLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2014-01-01 760520414 MRC CRESTVIEW MRCC 2813632600 1440 LAKE FRONT CIRCLE NO 110 THE WOODLANDS TX 77380 DON STEPHENS CFO 2813632600 2015-08-13 1 MICHAEL SIEGEL P01587323 9723835700 2014 2016-04-25 22:37:26Z RON JENNETTE 1440 LAKE FRONT CIRCLE NO 110 THE WOODLANDS TX 77380 12435533 0 X WWW.MRCAFF.ORG X 1996 TX THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT. 10 9 0 100 0 0 120072 209641 10668825 11929596 297306 31775 356979 209930 11443182 12380942 0 0 0 0 4420512 4350217 0 0 0 7945964 8127949 12366476 12478166 -923294 -97224 23864564 23770364 63637831 71988026 -39773267 -48217662 X 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 0 0 11048401 11929596 MRC CRESTVIEW DBA: CRESTVIEW RETIREMENT COMMUNITY (THE ORGANIZATION), IS A TEXAS NONPROFIT ORGANIZATION THAT OWNS AND OPERATES A RETIREMENT COMMUNITY IN BRYAN, TEXAS. THE ORGANIZATION BEGAN A TWO PHASE REPOSITIONING PROJECT IN 2010 THAT WAS COMPLETED IN FEBRUARY 2013. THE COMMUNITY INCLUDES 92 INDEPENDENT LIVING UNITS (INDEPENDENT LIVING APARTMENTS), 48 SKILLED NURSING BEDS (SKILLED NURSING CENTER), 48 ASSISTED LIVING UNITS, AND 18 MEMORY SUPPORT UNITS (ASSISTED APARTMENTS). 11048401 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 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 54 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X RENEE SKILLERN 2812100127 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 MRS ANITA R HOELSCHER CHAIR 5.00 3.00 X X 0 0 0 DR DAVID HACKETHORN VICE CHAIR 5.00 3.00 X X 0 0 0 MR RONALD JENNETTE PRESIDENT 1.00 39.00 X X 0 270495 36366 REV BILL K ARMSTRONG DIRECTOR 1.00 3.00 X 0 0 0 MRS LAURA CORN DIRECTOR 1.00 3.00 X 0 0 0 DR PATRICIA GUSEMAN DIRECTOR 1.00 3.00 X 0 0 0 MR JOE G HANOVER DIRECTOR 1.00 3.00 X 0 0 0 MR JOHN C HICKS DIRECTOR 1.00 6.00 X 0 0 0 MRS REBA C RAGSDALE DIRECTOR 1.00 3.00 X 0 0 0 REV JACK A WOMACK DIRECTOR 1.00 23.00 X 0 0 0 MRS DONNA WILLIAMS SECRETARY 5.00 17.00 X 0 44441 0 MS NARDA WEEKES TREASURER 5.00 0.00 X 0 31500 0 MR BRADLEY STEWART VP FINANCE/CFO 0.00 40.00 X 0 184461 2850 MRS ALYSSA ADAM VP MARKETING 0.00 40.00 X 0 109083 11208 MR CHARLES CHILDRESS VP 0.00 40.00 X 0 152367 10642 MR MATTHEW CURRIE VP/EXECUTIVE DIRECTOR 10.00 30.00 X 0 118619 8229 MR HAROLD ERMSHAR INTERIM EXECUTIVE DIRECTOR 0.00 40.00 X 0 126324 10503 MRS AMY THOMAS EXECUTIVE DIRECTOR 0.00 40.00 X 0 111532 16997 0 1148822 96795 0 0 1 0 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 THERAPY 320272 SELECT REHABILITATION PO BOX 809056 CHICAGO IL 60680 THERAPY 159627 2 136671 72970 209641 NURSING 623000 11666634 11666634 ENTRY FEE AMORTIZATION 623000 200540 200540 TERMINATION INCOME 623000 62422 62422 11929596 86366 86366 37501 17090 -37501 -17090 -54591 -54591 ANCILLARY SERVICES 812900 165937 165937 OTHER REVENUE 812900 43993 43993 209930 12380942 11929596 0 241705 3963866 3509681 454185 37679 33362 4317 21108 18689 2419 327564 290031 37533 696989 617127 79862 7351 6509 842 46909 41534 5375 134650 119222 15428 90626 80242 10384 66534 58910 7624 66284 58689 7595 505195 447309 57886 16310 14441 1869 3425095 3032643 392452 427348 378382 48966 777338 688270 89068 FOOD & ENTERTAINMENT 802269 710344 91925 HEALTHCARE 646021 571999 74022 VEHICLE & MAINTENANCE 202678 179455 23223 SUPPLIES 193813 171606 22207 22539 19956 2583 12478166 11048401 1429765 0 8675722 8126392 5920974 4115591 1235942 937870 101542 73897 23436 36478 7906948 10480136 23864564 23770364 1984527 1270454 18093749 19905989 43509035 42565428 50520 8246155 63637831 71988026 X -39773267 -48217662 -39773267 -48217662 23864564 23770364 X -97224 -148544 -8198627 X X 0 1 X 1 0 X 44878 40045 120072 209641 414636 5089317 5190321 8236623 10668825 11929596 41114682 5134195 5230366 8236623 10788897 12139237 41529318 0 0 0 41529318 14578 6222 15095 97319 86366 219580 14578 6222 15095 97319 86366 219580 91619 89906 164234 356979 209930 912668 5240392 5326494 8415952 11243195 12435533 42661566 0.97350 0.97280 0.00510 0.00440 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: PERSONAL SERVICE / OTHER INCOME - 2010 AMOUNT: $ 91,619. 2011 AMOUNT: $ 89,906. 2012 AMOUNT: $ 164,234. 2013 AMOUNT: $ 356,979. 2014 AMOUNT: $ 209,930. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEFERRED MARKETING COSTS 3132786 SECURITY DEPOSITS 5157111 BOND FUNDS 2190239 10480136 DEPOSITS 111155 FUTURE SERVICE OBLIGATION 8135000 8246155 X 12272004 -148545 39607 -108938 12380942 0 12380942 22454427 9936654 9936654 12517773 -39607 -39607 12478166 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. THE INFORMATION TAX RETURNS FOR THE YEARS 2011 TO 2014 ARE OPEN TO EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS 39,607. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE ON BOOKS NOT ON RETURN 1,801,654. CHANGE IN FSO OBLIGATION 8,135,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS -39,607. X X X X 1 0 0 0 0 0 0 0 0 MR RONALD JENNETTE PRESIDENT 0 270495 0 0 0 0 0 22002 0 14364 0 306861 0 0 MR BRADLEY STEWART VP FINANCE/CFO 0 184461 0 0 0 0 0 0 0 2850 0 187311 0 0 MR CHARLES CHILDRESS VP 0 152367 0 0 0 0 0 7604 0 3038 0 163009 0 0 PART I, LINE 4A BRADLEY STEWART'S EMPLOYMENT WAS TERMINATED IN OCTOBER OF 2014. HE CONTINUED TO RECEIVE COMPENSATION FOR UP TO 6 MONTHS IN THE AMOUNT OF $58,674. A RED RIVER HEALTH FACILITIES DEVELOPMENT CORPORATION 371545514 75687DAG8 2011-12-13 28164985 NEW CONSTRUCTION / FACILITY EXPANSION 0 0 0 B TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 043833551 87638RDR5 2010-07-28 26909045 NEW CONSTRUCTION / FACILITY EXPANSION 0 0 0 A 12460000 28164985 1374637 563299 80512 24851769 1294768 2013 0 0 1 1 B 125000 26909045 2609073 538181 807364 22954427 2012 0 0 1 1 A 0 1 0 0 0.00200 0.00200 0 0 1 B 0 1 0 0 0.00200 0.00200 0 0 1 A 0 1 0 0 1 0 1 ZIEGLER 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 SCHEDULE K, PART IV, 5C: THE GUARANTEED INVESTMENT CONTRACT IS INVESTED IN A REPURCHASE AGREEMENT, WHERE THE TERM IS NOT STATED FOR A DEFINITE PERIOD OF TIME. FORM 990, PART I, LINE 1 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 III, LINE 4A FORM 990, PART III, LINE 1 CONTINUATION: 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 11 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 990 IS MADE AVAILABLE TO THE BOARD FOR THEIR REVIEW. 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 COMPARALIBITY 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: DEPRECIATION EXPENSE FOR ASSETS HELD IN TRUST -1,801,654. LEASE PAYMENTS AND CAPITAL ADDITIONS PAID TO LANDLORD ON RETURN 1,738,027. CHANGE IN FUTURE SERVICES AND USE OF FACILITIES OBLIGATION -8,135,000. 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. METHODIST RETIREMENT COMMUNITIES 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 741403088 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MRC CRESTVIEW PLACE 2503 E VILLA MARIA ROAD BRYAN TX 77802 742989751 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MRC CRESTVIEW TERRACE 2501 E VILLA MARIA ROAD BRYAN TX 77802 760669542 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 CRESTVIEW UNITY 2507 E VILLA MARIA ROAD BRYAN TX 77802 760697463 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MOODY HOUSE 2228 SEAWALL BOULEVARD GALVESTON TX 77550 205356292 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MRC PINECREST 1302 TOM TEMPLE DRIVE LUFKIN TX 75904 760347078 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MRC CORNERSTONE 4100 MOORES LANE TEXARKANA TX 75503 760454486 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 HAPPY HARBOR SENIOR HOUSING 900 PARKWAY LA PORTE TX 77571 760674922 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 BAYVIEW SENIOR HOUSING 1111 BAYSHORE DRIVE LA PORTE TX 77571 208289146 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 MRC TOWNCREEK 1115 AVENUE O HUNTSVILLE TX 77340 760668992 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 HAPPY HARBOR METHODIST HOME INC 1106 BAYSHORE DRIVE LA PORTE TX 77571 746078737 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 UNITED METHODIST SENIOR SERVICES FOUNDATION 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 205992404 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 11A, I METHODIST RETIREMENT COMMUNITIES 0 PINECREST RETIREMENT TRUST 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 752802726 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 11A, I METHODIST RETIREMENT COMMUNITIES 0 ALDERSGATE TRUST 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 766176219 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 11A, I METHODIST RETIREMENT COMMUNITIES 0 MRC SENIOR LIVING AT CLEARLAKE 1440 LAKE FRONT CIRCLE STE 110 THE WOODLANDS TX 77380 454198642 PROVIDING HOUSING FOR ELDERLY & HANDICAPPED INDIVIDUALS TX 501(C)(3) LINE 9 METHODIST RETIREMENT COMMUNITIES 0 NFP ASSURANCE GROUP PO BOX 1085 5TH FLOOR QUEENSGATE HO CJ 980405035 CAPTIVE INSURANCE CJ N/A C 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0