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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Board, Officers & Key Employees

Name (title)Compensation
Mr Ronald E Jennette
President
$0
Mr W Mac Woodward Jr
Vice Chair
$0
Mr Tony Doughtie
Chair
$0
Ms Tammy Fuller
Treasurer
$0
Ms Jessica Godley
Secretary
$0
Mr Don Stephens
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quality Care Rehab
Therapy Services
$891,825
M Chese Institutional Pharmacy Group Ll
Pharmacy Services
$179,449
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$41,199
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$41,199
Total Program Service Revenue$7,912,821
Investment income $2,020
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,016,852

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Methodist Retirement Communities has recieved totaling $105,006.

Awarding OrganizationAmount
United Methodist Senior Servicesfoundation

The Woodlands, TX

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

$105,006
View Grant Recipient Profile

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