Why Methodist Retirement Communities
FY2024 · Form 990Its mission and biggest programs, as filedProvides assisted living and memory support services for seniors in multiple Texas communities.
- 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…$47M spent in FY2024
- 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…$28M spent in FY2024
- 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…$25.4M spent in FY2024
Before you apply
FY2024 · Form 990Independent: from IRS data, not the orgBudget
$128.1M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
1,447
employees
474 volunteers
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
−12%
of revenue, FY2024
Concern: revenue was below expenses in the latest filing.
Pt I · Ln 19
Cash reserves
<1 mo
of spending, in cash and securities
Concern: -11.5 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 2016
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.
About the role
From the org's own postingThe full description is on the org's own listing.
About Methodist Retirement Communities
From its Form 990- Budget $114.6M
- Staff 1,447 · founded 2016
- Open jobs 1 · Jobs at Methodist Retirement Communities · Full 990 report
