2024-11-11T08:04:24-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-01-01 521368412 CULPEPER BAPTIST RETIREMENT COMMUNITY INC CULP 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 ERIK MAURITSEN CHIEF FINANCIAL OFFICER 8045219206 2024-11-08 1 0 KATHERINE A WARLICK P02065266 7049985200 2024-11-08 2023 2024-10-15 13:58:12Z X THE CULPEPER JONATHAN COOK 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 18846871 0 1 X WWW.LIFESPIRELIVING.ORG X 1948 VA TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY. 17 17 0 32 0 0 1119985 260277 16947834 18489510 105067 86284 10800 18172886 18846871 208971 303514 0 9139197 9996578 0 0 8826312 9726413 18174480 20026505 -1594 -1179634 64223591 65691369 80537733 83178302 -16314142 -17486933 X THE CULPEPER PROVIDES DIGNITY IN LIVING FOR SENIOR ADULTS LIVING IN OUR COMMUNITIES, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE. PROVIDED SERVICES INCLUDE HIGH QUALITY HOUSING, HEALTH CARE, WELLNESS PROGRAMS, AND OTHER SERVICES. WE PRACTICE SERVANT LEADERSHIP BY ATTRACTING AND RETAINING PROFESSIONAL AND CARING STAFF COMMITTED TO OUR RESIDENTS' NEEDS. WE PROVIDE EXCELLENT FACILITIES AND SERVICES WHILE EMBRACING INNOVATION THAT HONORS OUR TRADITIONAL PRACTICES. OUR FAITH-BASED, NONPROFIT, SERVICE-ORIENTED IDENTITY IN OUR MARKET AREAS SETS US APART FROM OTHER SENIOR CARE PROVIDERS, AND WE ARE INTEGRAL PARTNERS WITH A VARIETY OF CHURCHES, SCHOOLS, HUMAN SERVICE ORGANIZATIONS, AND BUSINESS ORGANIZATIONS THAT SERVE THE REGIONS WHERE WE OPERATE. WE HAVE BEEN GUIDED SINCE OUR FOUNDING BY A VOLUNTEER BOARD AND PROFESSIONAL MANAGEMENT TEAM COMMITTED TO EXCELLENCE IN SERVICE TO SENIORS. 0 0 18799074 303514 18500310 WE PROVIDED BOTH RESIDENTIAL AND HEALTH CARE SERVICES TO OUR RESIDENTS, SOME OF WHOM ARE UNABLE TO COVER THE FULL COST OF THEIR CARE. WE PROVIDED $303,514 IN SUBSIDIES AND INDIGENCE ALLOWANCES TO OUR RESIDENTS IN 2022, PERTAINING TO 12 RESIDENTS. 18799074 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X ERIK MAURITSEN 8045219206 3961 STILLMAN PKWY GLEN ALLEN VA 23060 MR SCOTT CAVE TRUSTEE 1.00 X 0 0 0 REVDAN CARLTON TRUSTEE 1.00 X 0 0 0 MR JAMES BALES TRUSTEE 1.00 X 0 0 0 MSSHARON BROOKS TRUSTEE 1.00 X 0 0 0 DRVALERIE CARTER TRUSTEE 1.00 X 0 0 0 DRTIFFANY FRANKS TRUSTEE 1.00 X 0 0 0 REVNELSON HARRIS TRUSTEE 1.00 X 0 0 0 MR JOHN JUNG TRUSTEE 1.00 X 0 0 0 MRSSALLIE MARCHELLO TRUSTEE 1.00 X 0 0 0 MR ARNIE OWENS TRUSTEE 1.00 X 0 0 0 DRPAM PARSONS TRUSTEE 1.00 X 0 0 0 MR JOHN POMA TRUSTEE 1.00 X 0 0 0 MR MATTHEW SCOTT TRUSTEE 1.00 X 0 0 0 JIM POATS TRUSTEE 1.00 X 0 0 0 GARY THOMSON TRUSTEE 1.00 X 0 0 0 SUSAN RUCKER TRUSTEE 1.00 X 0 0 0 JIM VAUGHT TRUSTEE 1.00 X 0 0 0 JONATHAN COOK PRESIDENT & CEO 1.00 39.00 X 0 636082 49385 TRACEY JENNINGS COO 1.00 39.00 X 0 344964 56873 CHRIS MARKWITH CFO 1.00 39.00 X 0 299945 49267 JOHN P ROBINSON CHIEF MARKETING OFFICER 1.00 39.00 X 0 278073 63724 LISA LEAGER CSO 1.00 39.00 X 0 293428 57118 JAMES JACOBSEN EXECUTIVE DIRECTOR 40.00 X 184074 0 63352 LINDA FEAGAN DIRECTOR OF NURING 40.00 X 122357 0 11648 ROSE ERVIN DIRECTOR OF SALES AND MARKETING 40.00 X 118380 0 39520 BRANDI CHURCH REGISTERED NURSE 40.00 X 107628 0 1144 BETHANY STARKIE ASSISTED LIVING ADMINISTRATOR 40.00 X 105865 0 3547 638304 1852492 395578 5 0 1 0 SYSCO FOOD SERVICES 5081 SOUTH VALLEY PIKE HARRISONBURG VA 22801 FOOD SERVICE 617187 SELECT REHABILITATION PO BOX 71985 CHICAGO IL 60694 THERAPY PROVIDER 556620 OLDARKER SERVICES 14133 REVA RD BOSTON VA 22713 MAINTENANCE CONTRACTOR 447219 PRIME TIME HEALTHCARE PO BOX 3544 OMAHA NE 68103 HEALTHCARE STAFFING 332326 REMEDI SENIOR CARE PO BOX 715700 PHILADELPHIA PA 19171 PRESCRIPTION/MEDICINE PROVIDER 228743 9 260277 260277 RESIDENTIAL SERVICES 623000 11259399 11259399 HEALTH CARE SERVICES 623000 6829614 6829614 400497 400497 18489510 86284 86284 10800 0 10800 10800 10800 18846871 18500310 0 86284 303514 303514 8544420 8059750 484670 177992 159159 18833 662076 592028 70048 612090 551482 60608 1708438 1674168 34270 127656 127656 181642 181642 13766 13766 1633020 1633020 27059 27059 17976 16196 1780 2181557 2181557 1813953 1813953 215848 215848 DIETARY SUPPLIES 750639 750639 PROGRAM SUPPLIES 674687 674687 DUES AND SUBSCRIPTIONS 212240 191224 21016 REPAIRS AND MAINTENACNE 111697 100637 11060 56235 56235 20026505 18799074 1227431 0 -111203 -86304 1259986 2202995 420300 243000 31864 44644 65405769 10076922 56755785 55328847 311627 333191 20869 6 5534363 7624990 64223591 65691369 1035993 454435 1038038 55941844 56162360 0 22301342 26782023 80537733 83178302 X -18734732 -19727669 2420590 2240736 -16314142 -17486933 64223591 65691369 X -1179634 6843 X 0 1 X 1 0 X 883580 1202745 1863505 1119985 260277 5330092 10459873 13347086 13560325 16947834 18489510 72804628 11343453 14549831 15423830 18067819 18749787 78134720 0 0 0 78134720 35551 1841 3675 105067 97084 243218 35551 1841 3675 105067 97084 243218 11379004 14551672 15427505 18172886 18846871 78377938 0.99690 0.99740 0.00310 0.00260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 127 127 0 PART II-B, LINE 1: A PORTION OF THE ORGANIZATION'S ASSOCIATION DUES ARE ALLOCATED TO LOBBYING. 5741051 11160 5752211 5611490 129561 5741051 5388249 223241 5611490 5265183 123066 5388249 5396282 58293 -189392 5265183 0.80060 0.19940 0 1 1 43647 43647 60285506 8611807 51673699 1154714 842374 312340 3921902 622741 3299161 55328847 DUE FROM AFFILIATES 7317469 DEPOSITS AND OTHER 717 ASSETS WHOSE USE IS LIMITED 306804 7624990 DEFERRED ENTRANCE FEES 14261628 DUE TO AFFILIATES 12520395 26782023 X PART V, LINE 4: VIRGINIA BAPTIST HOMES FOUNDATION, INC., A RELATED ORGANIZATION, HOLDS AND ADMINISTERS ENDOWMENTS FOR ALL OF THE RELATED ORGANIZATIONS LISTED IN SCHEDULE R. THE ENDOWMENTS ARE TO BE USED TOWARDS THE CONTINUATION OF RESIDENT SERVICES. THE AMOUNTS SHOWN IN PART V REPRESENT THE AGGREGATE BALANCE OF THE DONOR-RESTRICTED ASSETS HELD BY THE FOUNDATION ON BEHALF OF ALL RELATED ORGANIZATIONS. PART X, LINE 2: THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE ORGANIZATION ADOPTED ACCOUNTING GUIDANCE REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. 1 BENEVOLENT ASSISTANCE 12 303514 PART I, LINE 2: THE ORGANIZATION GRANTS ASSISTANCE TOWARDS MONTHLY FEES THROUGH A FINANCIAL AID APPLICATION PROCESS. GRANTS ARE AWARDED IN THE FORM OF A REDUCTION OF RESIDENT MONTHLY FEES. 0 1 0 1 1 0 0 0 0 JONATHAN COOK PRESIDENT & CEO 0 444378 0 191704 0 0 0 40351 0 9034 0 685467 0 0 TRACEY JENNINGS COO 0 291528 0 53436 0 0 0 44376 0 12497 0 401837 0 0 LISA LEAGER CSO 0 259951 0 33477 0 0 0 42643 0 14475 0 350546 0 0 CHRIS MARKWITH CFO 0 246913 0 53032 0 0 0 42596 0 6671 0 349212 0 0 JOHN P ROBINSON CHIEF MARKETING OFFICER 0 172106 0 105967 0 0 0 32645 0 31079 0 341797 0 0 JAMES JACOBSEN EXECUTIVE DIRECTOR 163704 0 20370 0 0 0 37382 0 25970 0 247426 0 0 0 ROSE ERVIN DIRECTOR OF SALES AND MARKETING 88700 0 29680 0 0 0 29680 0 9840 0 157900 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES OF A RELATED ORGANIZATION, AFTER DELIBERATION, INCLUDING REVIEW OF THE "CHIEF EXECUTIVE OF MULTI-FACILITY ORGANIZATIONS COMPENSATION REPORT AND OTHER SENIOR LIVING INDUSTRY COMPARABILITY REPORTS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. PART I, LINE 4B J COOK 457(F) $75,539 PART I, LINE 5 EFFECTIVE IN 2016, THE BOARD OF TRUSTEES IMPLEMENTED AN INCENTIVE COMPENSATION PLAN BASE OF SEVERAL SPECIFIED FACTORS, ONE OF WHICH IS ADJUSTED NET OPERATING MARGIN. A EDA OF NEWPORT NEWS 521290859 65225PAM8 2016-10-12 91459243 TO REFUND 2006 TAX-EXEMPT BONDS 0 0 1 B VIRGINIA SMALL BUSINESS FINANCING AUTHORITY 541300845 NONEAVAIL 2021-08-18 77875000 REFINANCE 2017A AND 2017B BONDS, PURCHASE OF THE SUMMIT, OTHER CAPITAL EXP. 0 0 1 A 796415 2429479 167290 37438 2224751 1 0 1 1 B 1897837 50099675 895239 3732832 45471604 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 1 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 PART II, LINE 3, COLUMN B THE 2021 BOND ISSUE APPLIES TO MULTIPLE RELATED ORGANIZATIONS. THE AMOUNT REPORTED ON LINE 3 IS THE PORTION OF THE TOTAL BOND PROCEEDS ISSUED THAT ARE ATTRIBUTABLE TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 VIRGINIA BAPTIST HOMES, INC. IS THE SOLE MEMBER OF CULPEPER BAPTIST RETIREMENT COMMUNITY, INC. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL FINANCIAL AUDIT FIRM FROM INFORMATION THE ORGANIZATION FURNISHED, AND REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL EXECUTIVE AND CONTROLLER PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND THE VIRGINIA BAPTIST HOMES, INC. COMPLIANCE OFFICER MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY, IN ACCORDANCE WITH THE VBH CORPORATE COMPLIANCE PROGRAM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES OF A RELATED ORGANIZATION, AFTER DELIBERATION, INCLUDING REVIEW OF THE "CHIEF EXECUTIVE OF MULTI-FACILITY ORGANIZATIONS COMPENSATION REPORT AND OTHER SENIOR LIVING INDUSTRY COMPARABILITY REPORTS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND ASSOCIATED MATERIALS ARE MADE AVAILABLE AT, OR BY REQUEST TO, EITHER THE BUSINESS' LOCATION OR THE HEADQUARTERS OF VIRGINIA BAPTIST HOMES, INC. THE FORM 990 MAY ALSO BE VIEWED ON CERTAIN THIRD PARTY WEB SITES. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF PERPETUAL TRUSTS 21,564. RESTRICTED CONTRIBUTION TO NET ASSETS -14,721. VIRGINIA BAPTIST HOMES INC 1900 LAUDERDALE DR RICHMOND VA 23238 540534405 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 12A, I N/A 0 VIRGINIA BAPTIST HOMES FOUNDATION INC 1900 LAUDERDALE DR RICHMOND VA 23238 521373103 SUPPORT FOR VBH NONPROFITS VA 501(C)(3) LINE 12B, II N/A 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 955 HARPERVILLE RD NEWPORT NEWS VA 23601 521368408 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC 1900 LAUDERDALE DR RICHMOND VA 23238 521368410 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 THE GLEBE INC 200 THE GLEBE BLVD DALEVILLE VA 24083 541917966 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 THE SUMMIT 1300 ENTERPRISE DR LYNCHBURG VA 24502 871532163 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 0 0 1 1 1 0 0 0 0 0 1 0 1 1 0 1 0 0 0