Methodist Retirement Communities

Legal name: Methodist Retirement Communities Group Return

Nonprofit profile at a glance

EIN
384022302
IRS 990 coverage
2017–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
The Woodlands, TX, USA
Phone
2813632600
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$114,567,701
Expenses
$128,111,442
Assets
$384,177,784
Liabilities
$506,900,929

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

Leadership & pay

21 people listed

Executive titles in this filing

  • MR ALAN BROWN (PRESIDENT AND CEO)
  • MS AMY THOMAS (VP & EXECUTIVE DIRECTOR)
  • MR MATTHEW CURRIE (VP & EXECUTIVE DIRECTOR)
  • MS DEBORAH NUGENT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MR ALAN BROWN (PRESIDENT AND CEO): $549,037 total reported compensation
  • MR DON STEPHENS (CHIEF FINANCIAL OFFICER): $297,923 total reported compensation
  • MS JILL JANES (VP OF SALES & MARKETING): $229,022 total reported compensation

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

Overview

Mission

We honor and serve older adults as an expression of Christs love. Our Mission:** We honor and serve older adults as an expression of Christ’s love. ‍ A long-term care ombudsman helps residents of a nursing facility and residents of an assisted living facility resolve complaints. Help provided by an ombudsman is confidential and free of charge. To speak with an ombudsman, a person may call the toll-free number 1-800-252-2412. Our Mission. all are welcome!

What it reported doing in 2024

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.

Operating model

Revenue model
Earned-program. 94% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 84
  • Accountability: 95
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 79.5%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 3; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 1.32; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0.2%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 87.3% of revenue deployed · 79.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $101.9M in reported program spending
  • Leadership: top reported pay $549K · 21 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $23.8M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 2 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.

  • High — Sustainability: Operating margin scored 7/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.