Nonprofit · EIN 38-4022302
METHODIST RETIREMENT COMMUNITIES
Also known as GROUP RETURN
Tax-exempt · THE WOODLANDS, TX 77380
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $114,567,701 | $128,111,442 | -$13,543,741 | $384,177,784 | $506,900,929 | -$122,723,145 |
| December 31, 2023 | 990 | $107,251,381 | $125,550,613 | -$18,299,232 | $400,169,927 | $511,605,704 | -$111,435,777 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,354,125
- Program service revenue
- $107,295,954
- Investment income
- $3,252,430
- Net gain from sales of assets
- -$10,722
- Tax-exempt bond proceeds
- $1,164,611
- Other revenue
- $2,665,192
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $37,994,118
- Salaries, compensation and benefits (total)
- $44,885,084
- Professional fundraising fees
- $0
- Legal fees
- $270,191
- Accounting fees
- $338,136
- Occupancy
- $8,149,041
- Travel
- $280,808
- Depreciation
- $16,969,146
- Program services (functional)
- $101,890,672
- Management and general (functional)
- $26,220,770
Balance sheet and other
- Total assets, start of year
- $400,169,927
- Total assets, end of year
- $384,177,784
- Total liabilities, end of year
- $506,900,929
- Net assets, end of year
- -$122,723,145
- Land, buildings and equipment
- $277,219,363
- Publicly traded securities
- $36,386,751
- Net assets without donor restrictions
- -$127,026,345
- Net assets with donor restrictions
- $4,303,200
- Gross receipts
- $114,602,842
- Employees
- 1,465
- Volunteers
- 802
- Year formed
- 2016
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MR ALAN BROWN | PRESIDENT AND CEO Officer | 40 | $0 | $505,575 | $43,462 |
| MR DON STEPHENS | CHIEF FINANCIAL OFFICER Officer | 38 | $0 | $266,024 | $31,899 |
| MS JILL JANES | VP OF SALES & MARKETING Highest-paid employee | 40 | $0 | $191,037 | $37,985 |
| MS AMY THOMAS | VP & EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $187,082 | $37,727 |
| MR MATTHEW CURRIE | VP & EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $198,191 | $17,651 |
| MS DEBORAH NUGENT | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $181,195 | $14,800 |
| MS FRANCES BELTRAN | VP OF HUMAN RESOURCES Highest-paid employee | 40 | $0 | $181,457 | $14,125 |
| MRS ALYCE ANNE BAGGETT | CHAIR Trustee or director, Officer | 9 | $0 | $0 | $0 |
| REV PRESTON MORGAN | VICE CHAIR Trustee or director, Officer | 9 | $0 | $0 | $0 |
| MRS ALICIA BESSER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR JIM BUNCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR DALE CONGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV KIP GILTS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR WAYNE D HAGLUND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR BILL KING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR BILL KOERNER | DIRECTOR Trustee or director | 1 | $0 |
| REV ROMONICA MALONE-WARDLEY | DIRECTOR Trustee or director | 1 | $0 |
| REV ED SIMMONS | DIRECTOR Trustee or director | 1 | $0 |
| MS FRANKIE WATSON | DIRECTOR Trustee or director | 1 | $0 |
| REV BILLY T WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 |
| MR MAC WOODWARD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MR ALAN BROWN | PRESIDENT AND CEO Trustee or director, Officer | 40 | $0 | $470,399 | $38,745 |
| MR DON STEPHENS | CHIEF FINANCIAL OFFICER Officer | 38 | $0 | $355,004 | $27,827 |
| MS AMY THOMAS | VP & EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $187,564 | $36,685 |
| MS JILL JANES | VP OF SALES & MARKETING Highest-paid employee | 40 | $0 | $186,282 | $36,092 |
| MR MATTHEW CURRIE | VP & EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $201,044 | $3,993 |
| MS DEBORAH NUGENT | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $0 | $183,340 | $11,645 |
| MS FRANCES BELTRAN | VP OF HUMAN RESOURCES Highest-paid employee | 40 | $0 | $166,437 | $23,961 |
| MRS ALYCE ANNE BAGGETT | CHAIR Trustee or director, Officer | 9 | $0 | $0 | $0 |
| REV PRESTON MORGAN | VICE CHAIR Trustee or director, Officer | 9 | $0 | $0 | $0 |
| MR JIM BUNCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR DALE CONGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV KIP GILTS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR WAYNE D HAGLUND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR BILL KING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR BILL KOERNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV ROMONICA MALONE-WARDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV ED SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR LARRY ST MARTIN | DIRECTOR (TERM END 6/23) Trustee or director | 1 | $0 | $0 | $0 |
| MR FRANKIE WATSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV BILLY T WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MR THOMAS R WUSSOW | DIRECTOR (TERM END 6/23) Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1440 LAKE FRONT CIR STE 140, THE WOODLANDS, TX 77380-3607
- Principal officer (990 for 2024)
- LEE TRUMBLE, 1440 LAKE FRONT CIRCLE 140, THE WOODLANDS, TX 77380
- Signed the 990
- LEE TRUMBLE, CHIEF FINANCIAL OFFICER
- Phone
- (281) 363-2600
- Website
- WWW.MRCAFF.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE ORGANIZATION IS COMMITTED TO QUALITY LIVING FOR SENIOR ADULTS IN A FAITH-BASED ENVIRONMENT.
Program accomplishments
- THE 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 LIVING CORPUS CHRISTI HAS 41 HEALTH CARE BEDS LOCATED IN CORPUS CHRISTI, TEXAS.Expenses $25,419,027 · revenue $36,629,105
- 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 TEXARKANA, TEXAS, MRC CRESTVIEW HAS 91 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, MRC PINECREST HAS 119 INDEPENDENT LIVING UNITS LOCATED IN LUFKIN, TEXAS, HAPPY HARBOR METHODIST HOME, INC. HAS 116 INDEPENDENT LIVING UNITS LOCATED IN LEAGUE CITY, TEXAS, MRC SENIOR LIVING AT CLEARLAKE HAS 72 INDEPENDENT LIVING UNITS LOCATED IN COLLEGE STATION, TEXAS, MRC SENIOR LIVING CORPUS CHRISTI HAS 125 INDEPENDENT LIVING UNITS LOCATED IN CORPUS CHRISTI, TEXAS, BAYVIEW SENIOR HOUSING HAS 61 INDEPENDENT LIVING UNITS LOCATED IN LAPORTE, TEXAS, MRC CRESTVIEW PLACE HAS 44 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, MRC CRESTVIEW TERRACE HAS 100 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, CRESTVIEW UNITY HAS 63 INDEPENDENT LIVING UNITS LOCATED IN BRYAN, TEXAS, AND HAPPY HARBOR SENIOR HOUSING HAS 51 INDEPENDENT LIVING UNITS LOCATED IN LAPORTE, TEXAS.Expenses $47,042,800 · revenue $38,355,193
- 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 MEMORY SUPPORT UNITS LOCATED IN LUFKIN, TEXAS, HAPPY HARBOR METHODIST HOME, INC. HAS 36 ASSISTED LIVING UNITS AND 24 MEMORY SUPPORT UNITS LOCATED IN LEAGUE CITY, TEXAS., MRC SENIOR LIVING AT CLEARLAKE HAS 24 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN COLLEGE STATION, TEXAS, AND MRC SENIOR LIVING CORPUS CHRISTI HAS 44 ASSISTED LIVING UNITS AND 18 MEMORY SUPPORT UNITS LOCATED IN CORPUS CHRISTI, TEXAS.Expenses $27,967,907 · revenue $31,932,426
- THE ORGANIZATION PROVIDES HOME HEALTH SERVICES FOR ITS RESIDENTS AT MRC PINECREST AND MRC CORNERSTONE.Expenses $1,460,938 · revenue $1,623,617
What it must file and when
IRS records say it files Group return. Included in a group return filed by its parent. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-4022302
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Group return
- Group exemption
- 6242: METHODIST RETIREMENT COMMUNITIES
- Assets (IRS master file)
- $384,177,784
- Income (IRS master file)
- $114,602,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $114,567,701 | $128,111,442 | $384,177,784 | XML |
| 990 | December 2023 | $107,251,381 | $125,550,613 | $400,169,927 | XML |
| 990 | December 2022 | $93,551,771 | $109,968,279 | $420,110,632 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-4022302).
Questions about METHODIST RETIREMENT COMMUNITIES
- What is the EIN of METHODIST RETIREMENT COMMUNITIES?
- The employer identification number (EIN) of METHODIST RETIREMENT COMMUNITIES is 38-4022302.
- Is METHODIST RETIREMENT COMMUNITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Which annual return does METHODIST RETIREMENT COMMUNITIES file?
- Form Group return. Included in a group return filed by its parent.
- When is the next return of METHODIST RETIREMENT COMMUNITIES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did METHODIST RETIREMENT COMMUNITIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of METHODIST RETIREMENT COMMUNITIES?
- The 990 for the year ended December 31, 2024 names LEE TRUMBLE.
- Who are the officers and directors of METHODIST RETIREMENT COMMUNITIES?
- The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
- How much revenue does METHODIST RETIREMENT COMMUNITIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $114,567,701, expenses of $128,111,442 and total assets of $384,177,784 at year end.
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