Methodist Retirement Communities Group Return
Methodist Retirement Communities Group Return reported $114.6 million in revenue and $128.1 million in expenses for calendar year 2024. Of every $100 it spent, $79.53 went to program services, $20.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.7% of the total. The highest compensation it reported for one person was $549,037 (PRESIDENT AND CEO). Revenue rose 46% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $128MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $115MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.5% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.5% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.7% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $549,037 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.43% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -11.5 | 6.8 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe 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…
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…
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…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $0 | $505,575 | $43,462 | $549,037 |
| CHIEF FINANCIAL OFFICER Officer, 38.00 hrs/week | $0 | $266,024 | $31,899 | $297,923 |
| VP OF SALES & MARKETING Highest compensated employee, 40.00 hrs/week | $0 | $191,037 | $37,985 | $229,022 |
| VP & EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $0 | $187,082 | $37,727 | $224,809 |
| VP & EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $0 | $198,191 | $17,651 | $215,842 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $0 | $181,195 | $14,800 | $195,995 |
| VP OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $0 | $181,457 | $14,125 | $195,582 |
0 people received more than $100,000 in reportable compensation from Methodist Retirement Communities Group Return (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,465
- Volunteers Part I, line 6802
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| UNIDINE CORPORATION Food services | $16,228,394 |
| QUALITY CARE REHAB Medical services | $3,821,473 |
| DALWORTH RESTORATION LLC Construction | $1,261,405 |
| FINAL COAT Construction | $1,117,411 |
Individuals listed as contractors are left out. 44 contractors were paid more than $100,000 in all.
Private foundation grants it received
11 private foundations reported grants to Methodist Retirement Communities Group Return totaling $152K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Methodist Retirement Communities Group Return's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Methodist Retirement Communities Group Return, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Methodist Retirement Communities Group Return spent in 2024, $79.53 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Easterseals - Goodwill Northern Rocky MountainGreat Falls, MT · revenue $114M · programs 91.8% · FY2025
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- Start EarlyChicago, IL · revenue $115M · programs 81.7% · FY2025
- DidlakeManassas, VA · revenue $111M · programs 86.9% · FY2025
Questions people ask
How much of Methodist Retirement Communities Group Return's spending goes to programs?
In calendar year 2024, Methodist Retirement Communities Group Return reported that 79.5% of its $128.1 million in expenses went to program services, 20.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Methodist Retirement Communities Group Return pay its top executive?
The largest total compensation Methodist Retirement Communities Group Return reported for one person in calendar year 2024 was $549,037, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Methodist Retirement Communities Group Return get its money?
Of $114.6 million in revenue in calendar year 2024, 1.2% came from contributions and grants and 93.7% from program service revenue (Form 990, Part VIII).
Is Methodist Retirement Communities Group Return a registered charity?
The IRS lists EIN 38-4022302 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533039349302728 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349303246 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349321807 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213199349324686 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349302952 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003189349312845 · read the filing
All filings for EIN 38-4022302: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.