2025-08-15T15:50:57-05:00 2024-09-30 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2023-10-01 561870172 THE UNITED METHODIST RETIREMENT HOMES FOUNDATION INC UNIT 9193843000 2600 CROASDAILE FARM PARKWAY A-500 DURHAM NC 27705 JONATHAN ERICKSON CORPORATE EXECUTIVE DIRECTOR 9193843000 2025-08-15 1 1 LAUREN STALLS P01284666 3362724551 2025-08-15 2023 2025-03-06 01:10:19Z X JONATHAN ERICKSON 2600 CROASDAILE FARM PARKWAY A-500 DURHAM NC 27705 376133 0 X WWW.UMRH.ORG X 1994 NC THE UNITED METHODIST RETIREMENT HOMES FOUNDATION, INC. IS ORGANIZED IN ORDER TO RAISE ENDOWMENT FUNDS, SUPPORT BENEVOLENT CARE FOR RESIDENTS UNABLE TO PAY FOR CONTINUING CARE, SUPPORT SPECIAL PROGRAMS FOR THE CONTINUING CARE RETIREMENT COMMUNITIES OWNED AND OPERATED BY THE UNITED METHODIST RETIREMENT HOMES, INC. AND MANAGE THE INVESTMENT OF THE FOUNDATION'S ASSETS. 8 8 0 12 0 0 59027 287823 0 0 44724 64840 1625 -1664 105376 350999 58295 59207 0 0 0 0 0 0 184 4162 5758 62457 64965 42919 286034 12128311 14860307 10718154 12842274 1410157 2018033 TO RAISE FUNDS TO SUPPORT BENEVOLENT CARE AND SPECIAL PROGRAMS AT CONTINUING CARE COMMUNITIES OWNED AND OPERATED BY THE UNITED METHODIST RETIREMENT HOMES, INC. 0 0 59207 59207 0 CONTRIBUTED FUNDS TO THE UNITED METHODIST RETIREMENT HOMES, INC. EARMARKED FOR BENEVOLENT ASSISTANCE. 59207 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 NC X STACY DOBSON 9193843000 2600 CROASDAILE FARM PARKWAY A-500 DURHAM NC 27705 X MACK PARKER CHAIR 0.50 0.50 X X 0 0 0 W LEE HARRISS VICE CHAIR 0.50 0.50 X X 0 0 0 NANCY VAN ANTWERP SECRETARY 0.50 0.50 X X 0 0 0 PAUL LEE DIRECTOR 0.50 0.50 X 0 0 0 GRAY SOUTHERN DIRECTOR 0.50 0.50 X 0 0 0 JAMES MARTIN DIRECTOR 0.50 0.50 X 0 0 0 SUSAN EZEKIEL DIRECTOR 0.50 0.50 X 0 0 0 CHARLES MERCER DIRECTOR 0.50 0.50 X 0 0 0 STACY DOBSON CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 341780 28807 JONATHAN ERICKSON CORPORATE EXECUTIVE DIRECTOR 1.00 40.00 X 0 0 0 0 341780 28807 0 0 1 0 0 40912 246911 287823 57657 57657 26288 19105 7183 7183 7183 4365 40912 6029 -1664 -1664 350999 0 0 63176 56466 56466 2741 2741 3650 3650 2108 1924 184 64965 59207 5574 184 2127954 4526628 25843 0 125130 140672 9849384 10193007 12128311 14860307 2846 2046 10003138 12030530 253145 0 459025 809698 10718154 12842274 X 173539 190034 1236618 1827999 1410157 2018033 12128311 14860307 X 286034 316350 5492 X 0 1 X 1 0 X X 1 UMRH INC 560634527 10 1 59207 0 1 59207 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1210493 285298 366011 65420 1796382 1095822 60521 141551 87401 1210493 1292636 77518 -227133 47199 1095822 1065781 67285 218125 58555 1292636 1058199 60285 99580 120629 31654 1065781 0.00000 0.41330 0.58670 0 0 0 ANNUITY OBLIGATIONS 458221 DUE TO RELATED PARTIES 351477 809698 X 678870 316350 5492 321842 357028 -6029 -6029 350999 70994 6029 6029 64965 0 64965 PART V, LINE 4: AS DIRECTED BY THE DONORS, ENDOWMENT FUNDS ARE FOR BENEVOLENT CARE AT UMRH COMMUNITIES. OTHER FUNDS ARE FOR SCHOLARSHIPS OR SPECIAL PROJECTS AT THE SAME COMMUNITIES. PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE COMPANY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENT 5,492. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSED FUNDRAISING EXPENSES -6,029. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSED FUNDRAISING EXPENSES 6,029. MOTHER'S DAY 18962 18962 600 GOLF TOURNAMENT 26315 21950 4365 750 26 4114 539 45277 40912 4365 750 26 4114 1139 6029 -1664 1 UNITED METHODIST RETIREMENT HOMES INC 2600 CROASDAILE FARM PKWY A-500 DURHAM NC 27705 560634527 501(C)(3) 55266 0 SUPPORT BENEVOLENT CARE AND SPECIAL PROGRAMS AT RESIDENTIAL FACILITIES 1 0 PART I, LINE 2: RESIDENTS AT UNITED METHODIST RETIREMENT HOMES, INC. (UMRH, INC.) GO THROUGH AN APPLICATION PROCESS WHEN THEY REQUEST BENEVOLENT ASSISTANCE. THE MARKETING, OCCUPANCY AND BENEVOLENCE COMMITTEE OF UMRH, INC. APPROVES THE APPLICATIONS FOR PRESENTATION TO THE FULL BOARD, WHO ULTIMATELY APPROVES THEM. BENEVOLENT CARE ACCOUNTS ARE RE-EVALUATED EACH YEAR BY UMRH, INC. 0 0 0 0 0 0 0 0 0 STACY DOBSON CHIEF FINANCIAL OFFICER 0 297548 0 43680 0 552 0 11545 0 17262 0 370587 0 0 PART I, LINE 3 THE RELATED ORGANIZATION, UMRH, INC., ROUTINELY CONSULTS THE SERVICES OF AN OUTSIDE AGENCY TO EVALUATE THE ORGANIZATION'S WAGE SCALES AND PAY GRADES. THE RESULTING WAGE SCALE AND THE EMPLOYEE'S PERFORMANCE AND ACCOMPLISHMENTS ARE CONSIDERED IN THE ANNUAL REVIEW PROCESS. IN SOME INSTANCES, A SOFTWARE PROGRAM IS USED TO SIMPLIFY THE COMMUNICATION OF THE REVIEW AND ITS RESULTS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE UNITED METHODIST HOMES FOUNDATION, INC. ("THE FOUNDATION") SHALL CONSIST OF MEMBERS OF THE BOARD OF TRUSTEES OF UMRH, INC. MEMBERSHIP SHALL NOT BE ASSIGNABLE OR TRANSFERABLE. AN INDIVIDUAL WHO CEASES TO BE A MEMBER OF THE BOARD OF TRUSTEES OF UMRH, INC. SHALL CEASE TO BE A MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER SHALL BE ENTITLED TO ONE VOTE WHICH MAY BE CAST IN PERSON OR BY PROXY. THE ELECTION OF DIRECTORS SHALL BE A PART OF THE ORDER OF BUSINESS OF EACH ANNUAL MEETING OF THE DIRECTORS. THE ELECTION OF DIRECTORS MUST BE APPROVED BY MEMBERS AT THEIR ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE ELECTION OF DIRECTORS MUST BE APPROVED BY MEMBERS. THE MEMBERSHIP IS THE ONLY BODY THAT CAN ADOPT CHANGES TO THE BYLAWS. THE DIRECTORS CAN VOTE TO CHANGE THE BYLAWS, BUT THE CHANGES HAVE TO BE APPROVED BY MEMBERSHIP AT THEIR NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND CORPORATE EXECUTIVE DIRECTOR REVIEW THE 990 RETURN. A COPY OF FORM 990 IS PROVIDED TO EXECUTIVE COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENT WITH THE GOVERNING BODY IS REVIEWED AND SIGNED BY EACH MEMBER ON AN ANNUAL BASIS, AND MEMBERS ARE REMINDED TO DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: JONATHAN ERICKSON, CORPORATE EXECUTIVE DIRECTOR, IS COMPENSATED BY LIFE CARE SERVICES LLC ("LCS") PURSUANT TO ITS MANAGEMENT AGREEMENT WITH UMRH, INC. LCS IS AN UNRELATED ORGANIZATION. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 5,492. FORM 990, PART VII, SECTION A: HOURS TO RELATED ORGANIZATIONS: JONATHAN ERICKSON - 40 HRS PER WEEK TO UNITED METHODIST RETIREMENT HOMES, INC. AS CORPORATE EXECUTIVE DIRECTOR. STACY DOBSON - 40 HRS PER WEEK TO UNITED METHODIST RETIREMENT HOMES, INC. AS CHIEF FINANCIAL OFFICER. THE FOLLOWING MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO MEMBERS OF THE BOARD OF TRUSTEES FOR UNITED METHODIST RETIREMENT HOMES, INC. AND PROVIDE 0.5 HOUR OF SERVICE PER WEEK: SUSAN EZEKIEL, W. LEE HARRISS, NANCY VAN ANTWERP, PAUL LEE, GRAY SOUTHERN, JAMES MARTIN, MACK PARKER, AND CHARLES MERCER. FORM 990, PART VII, SECTION A, COLUMN F: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. UNITED METHODIST RETIREMENT HOMES INC 2600 CROASDAILE FARM PKWY A-500 DURHAM NC 27705 560634527 OPERATE CONTINUING CARE RETIREMENT COMMUNITIES & SKILLED NURSING FACILITIES NC 501(C)(3) LINE 10 N/A 0 UMRH AFFORDABLE HOUSING INC 2600 CROASDAILE FARM PKWY A-500 DURHAM NC 27705 010724816 OPERATE AFFORDABLE RENTAL HOUSING NC N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1