Methodist Retirement Communities

Organization Overview

Methodist Retirement Communities is located in The Woodlands, TX. The organization was established in 2016. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Methodist Retirement Communities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2015

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED NURSING ASSISTANCE AND HOUSING FOR ALL OF THE ELDERLY RESIDENTS THEY SERVE. AT THIS LOCATION, THIS IS ACCOMPLISHED THROUGH THE PROVISION OF SERVICES, PROGRAMS, ACTIVITIES, HOUSING AND CARE IN SEVERAL SETTINGS TO INCLUDE RESIDENTIAL AND ASSISTED LIVING APARTMENTS, SKILLED NURSING UNITS, REHABILITATION THERAPIES AND HOME HEALTH.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Melvin Bryan
Construction
$670,125
Quality Care Rehab
Therapy Services
$634,506
J E Kingham
Construction
$370,301
Champion Energy Services
Electricity
$255,459
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$87,332
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$87,332
Total Program Service Revenue$11,752,453
Investment income $37,382
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $368
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,110,100

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Methodist Retirement Communities has recieved totaling $24,803.

Awarding OrganizationAmount
United Methodist Senior Servicesfoundation

The Woodlands, TX

PURPOSE: GRANTS WERE PROVIDED TO ASSIST THE ORGANIZATION IN ITS CHARITABLE MISSION.

$24,803
View Grant Recipient Profile

Peer Organizations

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