Methodist Village Inc

Organization Overview

Methodist Village Inc, operating under the name Mvsl Foundation, is located in Fort Smith, AR. The organization was established in 1983. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mvsl Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mvsl Foundation generated $409.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $89.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT COMMUNITY RELATIONS AND FUNDRAISING EFFORTS IN SUPPORT OF METHODIST VILLAGE SENIOR LIVING'S MISSION, INCLUDING RAISING FUNDING FOR THE LIFE PLAN COMMUNITY PROJECT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT COMMUNITY RELATIONS AND FUNDRAISING EFFORTS IN SUPPORT OF METHODIST VILLAGE SENIOR LIVING'S MISSION, INCLUDING RAISING FUNDING FOR THE LIFE PLAN COMMUNITY PROJECT.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Curry
CEO
$8,481
Bryant Dooly
Officer
$2,057
Phillip Bryant
Director
$0
Ben Shipley
Director
$0
Charles N Wohlford
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pope Architects Inc
Architectural Services
$317,270
Plante Moran
Accounting And Consulting
$197,515
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$7,952
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$399,525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$407,477
Total Program Service Revenue$0
Investment income $467
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$953
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $409,837

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Methodist Village Inc has recieved totaling $60,000.

Awarding OrganizationAmount
Doss T Sutton Charitable Foun

Fort Smith, AR

PURPOSE: OPERATIONS

$25,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: LEGACY OF FAITH-VISION FOR THE FUTURE CAMPAIGN

$20,000
Arvest Foundation

Bentonville, AR

PURPOSE: TO ASSIST IN BUILDING A TRAINING CENTER ON THE CAMPUS.

$15,000
View Grant Recipient Profile

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