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United Methodist Retirement Community Inc

Wilmore, KY / EIN 61-1164550 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20116,253,8345,774,461479,3736.64%
20125,667,9776,171,302−503,3255.24%
20136,099,1296,348,104−248,9754.63%
20146,455,8616,885,151−429,2903.53%
20157,135,1577,166,465−31,3083.34%
20167,157,1008,593,398−1,436,2980.82%
20177,480,1338,836,254−1,356,121-1.11%
20187,812,9028,555,633−742,731-2.22%
20197,870,6997,776,96793,732-2.32%
20208,333,7667,728,550605,2160.453%
20218,420,1857,567,681852,5042.054%
20229,473,7488,031,3441,442,4043.748%
20238,660,1228,676,635−16,5133.647%

In its most recent public year (2023), this organization spent $16,513 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 6.6 in 2011. Staff pay was 47% of spending. $1,713,949 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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