Mission
THE ORGANIZATION'S EXEMPT PURPOSE IS TO BE THE CORPORATE AND ADMINISTRATIVE HEADQUARTERS FOR METHODIST RETIREMENT COMMUNITIES AND ITS AFFILIATED MINISTRIES.
Public Charity
METHODIST RETIREMENT COMMUNITIES
METHODIST RETIREMENT COMMUNITIES is a Public Charity headquartered in THE WOODLANDS, TX. Financial data from the 2024 filing: $5.6M revenue, $5.6M expenses, $12.6M total assets. 5 publicly reported grants to this organization, totaling roughly $362K, appear in IRS filings.
EIN: 741403088
THE WOODLANDS, TX
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2024
Total Revenue$5.6M
Total Expenses$5.6M
Total Assets$12.6M
Grant Records5
Funding Total$362K
Filing Years2019–2024
Where $100 goes at Methodist Retirement Communities
How Methodist Retirement Communities divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$2
Programs
the work itself
$98
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $2 for programs
$2
The organization is the central support hub for Methodist Retirement Communities and its affiliates, an organization committed to quality living for senior adults in faith-based environments
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GRANTS WERE PROVIDED TO ASSIST THE ORGANIZATION IN ITS CHARITABLE MISSION.
$102,023
FOR RECIPIENT'S EXEMPT PURPOSE
$20,000
GRANTS WERE PROVIDED TO ASSIST THE ORGANIZATION IN ITS CHARITABLE MISSION.
$108,620
GRANTS WERE PROVIDED TO ASSIST THE ORGANIZATION IN ITS CHARITABLE MISSION.
$123,579
General Support
$8,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
PRESIDENT AND CEO
Mr Alan Brown
DIRECTOR
Mr Bill King
DIRECTOR
Mr Bill Koerner
DIRECTOR
Mr Dale Conger
CHIEF FINANCIAL OFFICER
Mr Don Stephens
DIRECTOR
Mr Jim Bunch
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.6M | $5.6M | $12.6M |
| 2023 | $6.2M | $5.4M | $18.1M |
| 2022 | $8.6M | $5.0M | $16.8M |
| 2020 | $4.0M | $4.2M | $8.9M |
| 2019 | $3.9M | $4.3M | $8.4M |
Between 2019 and 2024, reported annual revenue grew from $3.9M to $5.6M (+44%), with total assets most recently reported at $12.6M.
Interactive year-over-year charts and full filing details available with membership.