2013-11-15T15:07:59-06:00 2012-12-31 410746749 CliftonLarsonAllenLLP 5001 Spring Valley Road Suite 600W Dallas TX 75244 990 2012-01-01 741403088 Methodist Retirement Communities METH 2813632600 1440 Lake Front Circle No 110 The Woodlands TX 77380 Rene Johnson 2813632600 2013-11-14 1 Troy Langsdale P00847944 9723835700 2012 2016-02-25 16:41:14Z Ron Jennette 1440 Lake Front Circle No 110 The Woodlands TX 77380 2032521 0 X www.mrcaff.org X 1965 TX The organization is the central support hub for Methodist Retirement Communities and its Affiliates, 17 16 938 17 0 0 65052 37130 1868094 1995000 1991 391 200315 0 2135452 2032521 0 0 0 0 1051140 1214908 0 0 0 550307 691912 1601447 1906820 534005 125701 14300109 9078520 9537309 4070716 4762800 5007804 X 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 0 0 130590 1995000 The organization's exempt purpose is to be the corporate and administrative headquarters for Methodist Retirement Communities and its affiliated ministries. 130590 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 33 0 938 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Rene Johnson 2813632600 1440 Lake Front Circle Ste 110 The Woodlands TX 77380 Rev Bill K Armstrong 1.00 4.00 X 0 0 0 Dr William R Birdwell 1.00 5.00 X 0 0 0 Mr Sam H Burris Jr 1.00 1.00 X 0 0 0 Judge James M Carlow 1.00 6.00 X 0 0 0 Mr Tony E Doughtie 1.00 6.00 X 0 0 0 Ms Sharon K French 1.00 2.00 X 0 0 0 Mr Ronald E Jennette 5.00 35.00 X X 228309 0 0 Rev Conrell J Lockett III 1.00 0.00 X 0 0 0 Dr Charles R Millikan 1.00 1.00 X 0 0 0 Mr Donald N Morriss 1.00 14.00 X X 0 0 0 Ms Catherine S Roberts 1.00 7.00 X 0 0 0 Mr Robert E Sheppard 1.00 5.00 X 0 0 0 Mr Michael H Taylor 1.00 10.00 X 0 0 0 Mr B T Williamson 1.00 1.00 X 0 0 0 Rev Jack A Womack 1.00 17.00 X X 0 0 0 Mr Thomas R Wussow 1.00 9.00 X 0 0 0 Mr John C Hicks 1.00 8.00 X 0 0 0 Mr Bradley Stewart 1.00 39.00 X 160158 0 0 Ms Renee Stavroff 1.00 39.00 X 66824 0 0 Mr Chuck Childress 1.00 39.00 X 138160 0 0 593451 0 0 10 0 1 0 CliftonLarsonAllen 5001 Spring Valley Road Dallas TX 75244 Audit & Acctg Services 171750 The Law Firm of Alton C Todd 312 S Friendswood Dr Friendswood TX 77546 Legal Services 150000 2 37130 37130 Management Fees 623000 1989232 1989232 Other Revenue 623000 5768 5768 1995000 391 391 2032521 1995000 0 391 593451 40643 552808 456137 31239 424898 45099 3089 42010 43117 2953 40164 77104 5281 71823 7757 531 7226 22621 1549 21072 15283 1047 14236 16216 1111 15105 72558 4969 67589 66342 4543 61799 20744 1421 19323 42065 2881 39184 22136 1516 20620 37592 2575 35017 88856 6085 82771 118064 8086 109978 Lease Payments 61913 4240 57673 Repairs & Maintenance 55482 3800 51682 Other Expenses 23260 1593 21667 Supplies 18565 1270 17295 2458 168 2290 1906820 130590 1776230 0 2029429 1813868 835195 951375 8014096 2990883 90222 81278 2216271 995514 1261470 1220757 2069697 2020359 14300109 9078520 470932 213342 8894121 3857374 172256 0 9537309 4070716 X 4666517 4911521 96283 96283 4762800 5007804 14300109 9078520 X 125701 12 119291 X X 0 1 X 1 0 X 46225 900862 1038447 65052 37130 2087716 3640470 2458886 1823488 1868094 1995000 11785938 3686695 3359748 2861935 1933146 2032130 13873654 0 0 0 13873654 115336 12127 2209 1991 391 132054 115336 12127 2209 1991 391 132054 20919 2466 12000 200315 235700 3822950 3374341 2876144 2135452 2032521 14241408 0.97420 0.95580 0.00930 0.02790 X Schedule A, Part II, Line 12, Explanation of Other Income: Miscellaneous Income - 2008 Amount: $ 20,919. 2009 Amount: $ 2,466. 2010 Amount: $ 12,000. 2012 Amount: $ 0. Insurance reimbursement - 2011 Amount: $ 200,315. 1049032 1049032 52043 32093 19950 996903 858826 138077 118293 104595 13698 1220757 AWUL 2003045 Deferred Financing Costs 17314 2020359 X 2032533 12 12 2032521 0 2032521 1906820 0 1906820 0 1906820 Description of Uncertain Tax Positions Under FIN 48: 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 2009 to 2012 are open to examination by federal, state, and local authorities. Central America and the Caribbean 0 1 Investments 1066871 0 1 0 0 0 1 1066871 0 1066871 0 0 1 0 0 0 NFP Assurance Group Ltd. is incorporated as a wholly-owned subsidiary of MRC under the laws of the Cayman Islands, and provides professional and general liability coverage to MRC and its affiliated ministies. X X X X 0 0 0 0 0 0 0 0 0 Mr Ronald E Jennette 228309 0 0 0 0 0 0 0 0 0 228309 0 0 0 Mr Bradley Stewart 160158 0 0 0 0 0 0 0 0 0 160158 0 0 0 Organization Mission Statement Form 990, Part I, Line 1 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. Program Service Statement Form 990, Part III, Line 4a Form 990, Part III, Line 1 Continuation: 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. 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. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Transfer From Affiliates 119,291. 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 5471, Schedule J, Line 1: Original balance at beginning of year 727,876 Adjustment from prior years (3,378,651) Adjusted balance at beginning of year (2,650,775) MRC Crestview Place 2503 E Villa Maria Road Bryan TX 77802 742989751 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 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 N/A 0 Crestview Unity 2507 E Villa Maria Road Bryan TX 77802 760697463 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 MRC Edgewater 2224 Seawall Boulevard Galveston TX 77550 760486730 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 Moody House 2228 Seawall Boulevard Galveston TX 77550 205356292 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 MRC Pinecrest 1302 Tom Temple Drive Lufkin TX 75904 760347078 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 MRC Cornerstone 4100 Moores Lane Texarkana TX 75504 760454486 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 Happy Harbor Senior Housing 900 Parkway La Porte TX 77571 760674922 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 Bayview Senior Housing 1111 Bayshore Drive La Porte TX 77571 208289146 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 MRC Towncreek 1115 Avenue O Huntsville TX 77340 760668992 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 0 The 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 N/A 0 MRC Crestview 2507 E Villa Maria Road Bryan TX 77802 760520414 Providing housing for elderly & handicapped individuals TX 501(c)(3) Line 9 N/A 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 N/A 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 N/A 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 N/A 0 NFP Assurance Group PO Box 1085 5th Floor Queensgate Ho CJ 980405035 Captive Insurance CJ Methodist Retirement Communities C -272848 1517251 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0