Cause IQ organization profile

MRC Cornerstone

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

MRC Cornerstone was a senior residential care facility based in The Woodlands, TX that was founded in 1994. As of 2016 they had $10 million in revenue and $7.1 million in assets.

At MRC we realize that there is no greater mission in life than serving others. And after 50 years, MRC is steeped in the tradition of caring for one another, providing a high quality of life for those we serve, and to the nonprofit service ministry.

Previous legal names or variations of their name include: Methodist Retirement Communities; and Cornerstone Retirement Community.

MRC Cornerstone appears to no longer be active. It has probably been dissolved or terminated. 
Fiscal year end:
Revenue trends:
Asset trends:

Program areas at MRC Cornerstone

The organization provided nursing assistance and housing for all of the elderly residents they serve. At this location, this is accomplished through the provision of services, programs, activities, housing and care in several settings to include residential and assisted living apartments, skilled nursing units, rehabilitation therapies and home health.

Form 990s for MRC Cornerstone

Fiscal year endingDate received by IRSFormPDF link
2015-12Jan 18, 2017990View PDF
2014-12Oct 2, 2015990View PDF
2013-12Dec 10, 2014990View PDF
2012-12Jan 8, 2014990View PDF
2011-12Dec 14, 2012990View PDF
...and two more Form 990 PDFs

Financials for MRC Cornerstone

Total grants, contributions, etc.$226,897
Program services$9,942,136
Investment income and dividends$18,186
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$9,428
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$284,892
Total revenues$10,481,539

Vendors for MRC Cornerstone

VendorServicesAmount paidDate
Cliftonlarsonallen LLPTax accounting2015-10-02
████████ ████████████Construction$548,5682014-12-01
███████ ████ █████Therapy$124,6182014-12-01

Personnel at MRC Cornerstone

NameTitleCompensationMost recent data
Ron JennettePresident and Chief Executive Officer-Nov. 12, 2017
Chuck ChildressChief Operating Officer-Nov. 14, 2017
███ ████████Chief Financial Officer$0Nov. 12, 2017
██████ ████Vice President of Marketing$0Nov. 12, 2017
███████ ███████Vice President of Human Resources-Nov. 12, 2017
████ █████Executive Director of the Crossings-Nov. 14, 2017
██████ ███████Director of Clinical Services-Nov. 14, 2017
████ ██████Past Executive Director of Cornerstone$0Nov. 12, 2017
██████ █ ████████President$0Dec. 31, 2015
████████ ██████Secretary$0Dec. 31, 2015
...and seven more key personnel

Peer senior supportive residential care facilities

1The Stayton at Museum Way501(c)(3)$21 millionAddison, TX
2Clarewood House501(c)(3)$11 millionHouston, TX
3Eagle's Trace501(c)(3)$42 millionHouston, TX
4John Knox Villages of the Lower Rio Grande Valley501(c)(3)$6.9 millionWeslaco, TX
5Barrington of Carmel501(c)(3)$17 millionAddison, TX
6Blue Skies of Texas (BST)501(c)(3)$8.4 millionSan Antonio, TX
7Mesa Springs Retirement Village501(c)(3)$6.7 millionAbilene, TX
8Edgemere Senior Living501(c)(3)$37 millionDallas, TX
9Sears Permian Retirement Corporation501(c)(3)$7.5 millionAbilene, TX
10MRC Pinecrest (MRC)501(c)(3)$12 millionThe Woodlands, TX
11Querencia at Barton Creek501(c)(3)$21 millionAddison, TX
12Crestview501(c)(3)$13 millionThe Woodlands, TX
13EdenHill Communities501(c)(3)$20 millionNew Braunfels, TX
14Highland Springs501(c)(3)$49 millionDallas, TX
15MRC TownCreek501(c)(3)$8.0 millionThe Woodlands, TX
16Knollwood Place Apartments501(c)(3)$4.0 millionSt Louis Park, MN
17Living Community of St Joseph501(c)(3)$11 millionCambridge, MN
18Risen Son Christian Village501(c)(3)$12 millionSt Louis, MO
19CH Services501(c)(3)$5.3 millionRochester, NY
20Uplands Village501(c)(3)$9.8 millionPleasant Hill, TN
21Fred Lind Manor501(c)(3)$4.1 millionBellevue, WA
22Peninsula United Methodist Homes (Acts)501(c)(3)$49 millionWest Point, PA
23Jefferson Elder Care501(c)(3)$3.6 millionCharlottesville, VA
24Florida Living Options501(c)(3)$46 millionBrandon, FL
25The Neighborhood in Rio Rancho501(c)(3)$8.4 millionRio Rancho, NM

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