2024-07-17T14:26:30-05:00 2023-09-30 440160260 FORVIS MAZARS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-10-01 541639629 WARM HEARTH FOUNDATION INC WARM 5409611712 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 MOLLY NEVITT CFO 5404433403 2024-07-17 1 MOLLY NEVITT 999009999 1 AMY BIBBY P00445891 8282542254 2024-06-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM LESTER 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 812169 0 X WWW.RETIRE.ORG X 1992 VA WARM HEARTH FOUNDATION RECEIVES AND ADMINISTERS SUPPORTING FUNDS FOR THE PURPOSES OF RESIDENTS OF WARM HEARTH VILLAGE AS FOLLOWS: (A) HOUSING SERVICES TO ELDERLY AND HANDICAPPED AS PROVIDED BY TROLINGER HOUSE, INC., NEW RIVER HOUSE, INC., NEW CENTURY HOUSING, INC., AND WARM HEARTH, INC., (B) NON-PROFIT NURSING HOME AND ASSISTED LIVING CARE AS PROVIDED BY NRV NURSING CENTER, INC. AND SHOWALTER CENTER, INC. 3 3 0 200 0 0 519402 718591 0 0 -3756 6858 53918 54809 569564 780258 28913 89458 0 0 0 0 0 0 77417 321227 449370 350140 538828 219424 241430 3186690 3485543 584268 240967 2602422 3244576 X WARM HEARTH FOUNDATION RECEIVES AND ADMINISTERS SUPPORTING FUNDS FOR THE PURPOSES OF RESIDENTS OF WARM HEARTH VILLAGE AS FOLLOWS: (A) HOUSING SERVICES TO ELDERLY AND HANDICAPPED AS PROVIDED BY TROLINGER HOUSE, INC., NEW RIVER HOUSE, INC., NEW CENTURY HOUSING, INC., AND WARM HEARTH, INC., (B) NON-PROFIT NURSING HOME AND ASSISTED LIVING CARE AS PROVIDED BY NRV NURSING CENTER, INC. AND SHOWALTER CENTER, INC. 0 0 401814 89458 THE CORPORATION RECEIVES AND ADMINISTERS CHARITABLE CONTRIBUTIONS FOR THE SUPPORT OF WARM HEARTH VILLAGE, A SENIORS HOUSING COMMUNITY IN BLACKSBURG, VIRGINIA. WARM HEARTH VILLAGE PROVIDES ELDERLY AND HANDICAPPED PERSONS WITH AFFORDABLE HOUSING. THE CORPORATION PROVIDES SUPPORT TO EIGHT AFFILIATED ORGANIZATIONS WHICH COMPRISE WARM HEARTH VILLAGE, PROVIDING HOUSING TO APPROXIMATELY 350 PERSONS. 401814 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MOLLY J NEVITT 5404433423 2607 WARM HEARTH DR STE 100 BLACKSBURG VA 24060 ED BUNCE TREASURER 0.50 3.50 X X 0 0 0 THOMAS PIERCE PRESIDENT 0.50 4.00 X X 0 0 0 MIKE SPEARS SECRETARY 0.50 4.00 X X 0 0 0 LESTER LUTHER PRESIDENT AND CEO (START 07/2022) 0.50 39.50 X 0 66775 2001 MOLLY NEVITT CFO 0.50 39.50 X 0 127688 3814 HEATHER GEARHART VICE PRESIDENT 0.50 39.50 X 0 105613 2282 TAMBRA DIXON DIRECTOR OF MARKETING 0.50 39.50 X 0 110451 2966 KEVIN SANDS RN DIRECTOR OF QA AND EDU 0.50 39.50 X 0 104948 3048 KORIE FLANNAGAN NURSING HOME ADMIN 0.50 39.50 X 0 106600 3193 BRAD DALTON FORMER PRES AND CEO (END 07/2022) 0.50 39.50 X 0 143229 3413 0 765304 20717 0 1 0 0 0 718591 718591 181 181 6677 0 6677 6677 6677 38028 31911 6117 6117 48598 0 48598 48598 94 94 94 780258 0 0 61667 89458 89458 1721 1721 4331 4331 999 999 20 20 25505 1940 23565 3596 1409 2187 9744 7668 2076 715 715 140 140 7005 7005 7104 7104 SHARED SERVICES 206796 114201 22944 69651 OTHER PROGRAM SERVICES 171968 171968 FUNDRAISING 7766 7766 REPAIRS AND MAINTENANCE 1061 1061 899 899 538828 401814 59597 77417 346726 403831 295454 246500 -1988 824 175866 126703 53538 49163 1878960 2170522 614000 614703 3186690 3485543 29791 26752 176432 156829 378045 57386 584268 240967 X -55002 35004 2657424 3209572 2602422 3244576 3186690 3485543 X 241430 221988 178736 X X 0 1 X 1 0 X X 8 WARM HEARTH 237378013 10 1 34308 0 NEW RIVER HOUSE INC 521257779 10 1 1741 0 NRV NURSING CENTER INC 311583073 10 1 35350 0 SHOWALTER CENTER INC 541185223 10 1 11760 0 TROLINGER HOUSE INC 521224684 10 1 6299 0 FOUNDER'S FOREST INC 541185224 10 1 0 0 NEW CENTURY HOUSING INC 311788636 10 1 0 0 WARM HEARTH AT HOME INC 464213353 10 1 0 0 8 89458 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SECTION A, LINE 1 THE ORGANIZATION'S BYLAWS REFER TO ITS SUPPORTED ORGANIZATIONS AS WARM HEARTH INC. AND ITS AFFILIATED NON-PROFIT CORPORATIONS. THIS ALLOWS THE FOUNDATION TO SUPPORT ANY NEW NON-PROFIT CORPORATIONS THAT JOIN WARM HEARTH IN CARRYING OUT ITS TAX-EXEMPT PURPOSE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1863604 221468 228672 52065 2261679 2012050 123074 -271520 1863604 1828269 25205 271883 113307 2012050 1400323 493072 106851 171977 1828269 1299355 87621 27159 13812 1400323 0.06200 0.93800 0 0 52872 38092 14780 122994 88611 34383 49163 RESIDUAL INTEREST IN REAL ESTATE 614000 ROU ASSET 703 614703 DUE TO AFFILIATES 56683 LEASE LIABILITY 703 57386 1180982 221988 178736 400724 780258 0 780258 538828 0 538828 0 538828 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS OF WARM HEARTH VILLAGE TO BE SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT-INTEREST AGREEMENT 19,603. IN-KIND CONTRIBUTIONS 159,133. 1 WARM HEARTH 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 237378013 501(C)(3) 34308 0 GENERAL SUPPORT NRV NURSING CENTER INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 311583073 501(C)(3) 35350 0 GENERAL SUPPORT SHOWALTER CENTER INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 541185223 501(C)(3) 11760 0 GENERAL SUPPORT TROLINGER HOUSE INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 521224684 501(C)(3) 6299 0 GENERAL SUPPORT 4 0 0 0 0 0 0 0 0 0 0 BRAD DALTON FORMER PRES AND CEO (END 07/2022) 0 113229 0 30000 0 0 0 3413 0 0 0 146642 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION CONSIST OF THE MEMBERS OF THE BOARD OF DIRECTORS OF WARM HEARTH INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION ELECT THE TRUSTEES OF THE BOARD AND HAVE THE POWER TO REMOVE TRUSTEES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING. THE FINANCE COMMITTEE DISCUSSES THE 990 AT THEIR REGULARLY SCHEDULED MEETING IN MAY OF EACH YEAR. THE FINANCE COMMITTEE IS RESPONSIBLE FOR RECEIVING THE AUDIT REPORTS OF THE INDEPENDENT AUDITOR AND REVIEWING THE FORM 990 PREPARED BY THE INDEPENDENT ACCOUNTANTS. THE FINANCE COMMITTEE REPORTS BACK TO THE BOARD OF DIRECTORS ANY RECOMMENDATIONS OR FINDINGS OF THEIR STUDY. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEE HANDBOOK HAS A STATEMENT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTEREST POLICY. THE BOARD MEMBER ORIENTATION MATERIALS INCLUDE THIS INFORMATION AS WELL. THE EMPLOYEES ARE ASKED TO REVIEW THIS POLICY AS A PART OF THEIR ANNUAL PERFORMANCE REVIEW AND BOARD MEMBERS ARE REQUESTED TO UPDATE THEIR COMMITMENT TO THIS POLICY UPON RE-ELECTION TO A NEW TERM. FORM 990, PART VI, SECTION B, LINE 15 WARM HEARTH, A RELATED ORGANIZATION, COMPENSATES THE ORGANIZATION'S OFFICERS AND EMPLOYEES. A COMMITTEE OF THE BOARD OF DIRECTORS IS APPOINTED TO REVIEW THE COMPENSATION LEVELS OF OFFICERS AND KEY EMPLOYEES AND FOR ESTABLISHING THE NEW PAY RATES OF THESE EMPLOYEES. COMPENSATION IS COMPARED WITH SALARY SURVEY INFORMATION AVAILABLE FROM NATIONAL TRADE ASSOCIATIONS ENGAGED IN SIMILAR ACTIVITIES. THE COMPENSATION LEVEL IS DETERMINED BY CONSENSUS OF THE COMMITTEE AND REPORTED TO HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS ARE AVAILABLE TO BE VIEWED IN CARSON LIBRARY UPON WRITTEN REQUEST ADDRESSED TO THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO BE VIEWED IN CARSON LIBRARY UPON WRITTEN REQUEST ADDRESSED TO THE CHIEF FINANCIAL OFFICER. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENT 19,603. IN-KIND CONTRIBUTIONS 159,133. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. FOUNDERS FOREST INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 541185224 HOUSING VA 501(C)(4) N/A 0 NEW CENTURY HOUSING INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 311788636 HOUSING VA 501(C)(4) N/A 0 NRV NURSING CENTER INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 311583073 HEALTH CARE VA 501(C)(3) LINE 10 N/A 0 NEW RIVER HOUSE INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 521257779 HOUSING VA 501(C)(3) LINE 10 N/A 0 SHOWALTER CENTER INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 541185223 HOUSING VA 501(C)(3) LINE 10 N/A 0 TROLINGER HOUSE INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 521224684 HOUSING VA 501(C)(3) LINE 10 N/A 0 WARM HEARTH AT HOME INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 464213353 HOME CARE VA 501(C)(3) LINE 10 N/A 0 WARM HEARTH INC 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 237378013 HOUSING VA 501(C)(3) LINE 10 N/A 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 FOUNDER'S FOREST INC E 56683 BOOK