| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Sears Methodist Retirement System, Inc. > News item |
Sears Methodist shows net income of $134,010 in December; revenue up
By Kali Hays
New York, March 5 – Sears Methodist Retirement System, Inc. marked a net income of $134,010 for December on $361,301 in net revenue, according to its monthly operating report filed March 4 with the U.S. Bankruptcy Court for the Northern District of Texas.
In November, Sears Methodist reported a net loss of $95,593 on $299,891 in total revenue.
The company also reported negative $1.58 million in cash as of Dec. 31, improving from negative $2.76 million at the end of November.
Sears Methodist is a Dallas-based nonprofit senior living provider that filed for bankruptcy on June 10, 2014. The Chapter 11 case number is 14-32821.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.