2011-08-15T14:09:36-05:00 2010-12-31 LarsonAllen LLP 2301 N Greenville Avenue Suite 150 Richardson TX 75082 990 2010-01-01 741403088 Methodist Retirement Communities METH 2813632600 1440 Lake Front Circle No 110 The Woodlands TX 77380 Brad Stewart 2813632600 2011-08-11 1 Troy Langsdale 9726443167 2010 2016-02-24 21:20:13Z Ron Jennette 1440 Lake Front Circle No 110 The Woodlands TX 77380 2924486 0 X www.mrcaff.org X 1965 TX The organization's exempt purpose is to be the corporate and administrative headquarters for Methodist Retirement Communities and its affiliated ministries. 19 18 972 0 0 0 900862 1086789 2458886 1823488 14593 14209 0 0 3374341 2924486 0 48342 0 0 1016864 1108263 0 0 36701 827932 726810 1844796 1883415 1529545 1041071 12499873 14500152 8392452 9351660 4107421 5148492 The organization's exempt purpose is to be the corporate and administrative headquarters for Methodist Retirement Communities and its affiliated ministries. 0 0 1699908 1823488 The organization's exempt purpose is to be the corporate and administrative headquarters for Methodist Retirement Communities and its affiliated ministries. 1699908 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 19 0 972 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Bradley Stewart 2813632600 1440 Lake Front Circle Ste 110 The Woodlands TX 77380 Mr Donald N Morriss 1.00 X X 0 0 0 Rev Jack A Womack 1.00 X X 0 0 0 Mr Ronald E Jennette 28.00 X X 213219 0 0 Mr Thomas R Wussow 1.00 X X 0 0 0 Ms Renee Stavroff 40.00 X X 66586 0 0 Mr Bradley Stewart 40.00 X X 155279 0 0 Rev Bill K Armstrong 1.00 X 0 0 0 Dr William R Birdwell 1.00 X 0 0 0 Mr Sam H Burris Jr 1.00 X 0 0 0 Judge James M Carlow 1.00 X 0 0 0 Mr Tony E Doughtie 1.00 X 0 0 0 Ms Sharon K French 1.00 X 0 0 0 Mr Frank N Grossman 1.00 X 0 0 0 Rev Conrell J Lockett lll 1.00 X 0 0 0 Mr Harold C Maxwell 1.00 X 0 0 0 Mr Edward Miller 1.00 X 0 0 0 Dr Charles R Millikan 1.00 X 0 0 0 Mr Robert E Sheppard 1.00 X 0 0 0 Dr Elijah A Stansell Jr 1.00 X 0 0 0 Mr Michael H Taylor 1.00 X 0 0 0 Rev BT Williamson 1.00 X 0 0 0 435084 0 0 2 0 1 0 United Healthcare Insurance Co 22703 Network Place Chicago IL 60673 Health Insurance 439675 Premium Financing Specialists 5316 W Highway 290 Ste 310 Austin TX 78735 Insurance Financing 319161 Alliant Insurance Services Houston 5847 San Felipe Ste 2750 Houston TX 77057 Insurance 134153 AFLAC 1932 Wynnton Road Columbus GA 31999 Disability Insurance 113787 4 1086789 1086789 Management Fees 623000 1732436 1732436 Risk Management 623000 88469 88469 Other Revenue 623000 2583 2583 1823488 2209 2209 12000 12000 12000 2924486 1823488 0 14209 48342 48342 752746 677471 60220 15055 235946 212351 18876 4719 16776 15098 1342 336 32978 29680 2638 660 69817 62836 5585 1396 6466 5820 517 129 8433 7589 675 169 16040 14436 1283 321 642 578 51 13 54861 49375 4389 1097 46329 41696 3706 927 20115 18104 1609 402 15085 13576 1207 302 10046 9041 804 201 23238 20914 1859 465 115946 104351 9276 2319 243378 219040 19470 4868 Lease Payments 74490 67041 5959 1490 Repairs & Maintenance 45711 41140 3657 914 Dues & Licenses 20447 18403 1635 409 Supplies 14261 12835 1141 285 Relocation 4298 3868 344 86 7024 6323 563 138 1883415 1699908 146806 36701 1514002 1451470 733432 812263 7462978 8499525 43242 68058 3480499 803040 2746219 2677459 0 991377 12499873 14500152 268908 230014 7861418 8804777 262126 316869 8392452 9351660 X 4011138 5052209 96283 96283 4107421 5148492 12499873 14500152 1041071 0 X X 0 1 1 X 0 X 1141359 265170 46225 900862 1038447 3392063 2794232 3236289 3640470 2458886 1823488 13953365 3935591 3501459 3686695 3359748 2861935 17345428 0 0 0 17345428 93825 316090 115336 12127 2209 539587 93825 316090 115336 12127 2209 539587 34694 25533 20919 2466 12000 95612 4064110 3843082 3822950 3374341 2876144 17980627 0.96470 0.95050 0.03000 0.03400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2381169 2381169 52043 11275 40768 928994 715745 213249 118293 76020 42273 2677459 AWUL 991377 991377 Reserve - Healthcare Funding 316869 316869 2924486 1883415 1041071 0 1041071 1837697 0 1837697 1086789 1086789 2924486 1835073 0 1835073 48342 48342 1883415 Description of Uncertain Tax Positions Under FIN 48: Part X: 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 2007 to 2010 are open to examination by federal, state, and local authorities. Part XII, Line 4b - Other Adjustments: Transfer To/From Affiliate 1,086,789. Part XIII, Line 4b - Other Adjustments: Transfer to Affiliate 48,342. 0 Happy Harbor Senior Housing 900 Parkway La Porte TX 77571 760674922 501(c)(3) 48342 Methodist Retirement Communities made an equity transfer of $48,342 to Happy Harbor Senior Housing. 1 X X 0 0 0 0 0 0 0 0 0 Mr Ronald E Jennette 213219 0 0 0 0 0 0 0 0 0 213219 0 0 0 Mr Bradley Stewart 155279 0 0 0 0 0 0 0 0 0 155279 0 0 0 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. Form 990, Part XI, 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. 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 1440 Lake Front Circle Ste 110 The Woodlands TX 77380 980405035 Captive Insurance TX No C 220894 880560 1.00000 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 Happy Harbor Methodist Home D 11668 Fair Market Value Happy Harbor Senior Housing B 48342 Fair Market Value NFP Assurance Group C 1000000 Fair Market Value Happy Harbor Methodist Home C 86789 Fair Market Value Moody House D 5840382 Fair Market Value MRC Pinecrest D 1277369 Fair Market Value Pinecrest Retirement Trust D 1381775 Fair Market Value