Greene County Retirement Systems Inc

Nonprofit profile at a glance

EIN
640695672
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Tupelo, MS, USA
Phone
6628448977
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$472,197
Expenses
$377,628
Assets
$587,240
Liabilities
$351,730

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • LISA CRAGER (EXECUTIVE DIRECTOR)
  • STEVE MCALILLY (PRESIDENT/CEO)
  • JEANNE CANTIN (VICE PRESIDENT/HR)
  • JIM ZUELZKE (VICE PRESIDENT FINANCE)
  • BRITTANY CUEVAS (VICE PRESIDENT OF PHILANTHROPY)

Highest reported compensation

  • STEVE MCALILLY (PRESIDENT/CEO): $678,537 total reported compensation
  • CHRISTIE VANCE (VICE PRES/COO): $326,286 total reported compensation
  • JIM ZUELZKE (VICE PRESIDENT FINANCE): $285,449 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Greene county retirement systems, inc. Is dedicated to providing housing and personal care services to the elderly or disabled in the spirit of christian love.

What it reported doing in 2024

Surrounded by the beauty of nature, turner-memorial retirement village enables residents to combine their goals of living independently in the country and enjoy the security of having neighbors nearby. The atmosphere found at turner-memorial is most often described as "family", since residents come to share common hopes and interests and turn to each other and the staff for genuine care and fellowship. Even though time to spend with friends is abundant, the privacy of your own apartment is always available. Turner-memorial is an intimate community of thirty apartment homes for persons 62 and older whose income, handicap or disability qualifies them for residency. Turner-memorial's staff strives every day to live out the mission to serve older adults in the spirit of christian love. Turner-memorial believes that if it cares about the elders, they will pass the attitude along to each other. Turner-memorial provides both studio and one-bedroom apartments, with three specifically suited for handicapped residents. Each apartment includes complete kitchen, private bath, storage space, and personal patio/garden. Turner-memorial staff provides security and an ample variety of activities and special events including worship and study opportunities, local clergy leadership, monthly birthday parties, crafts, exercise programs, and sing-a-longs.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 60
  • Accountability: 80
  • Sustainability: 51
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.4%; rating input score 49
  • Program expense ratio: 62.3%; rating input score 62
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.2%; rating input score 81; 22nd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.56; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 65.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 49.4% of revenue deployed · 62.3% of spending went to programs
  • Governance: 13 of 16 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $235K in reported program spending
  • Leadership: top reported pay $679K · 19 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 17 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.