2023-01-18T12:20:29-06:00 2022-05-31 540504608 BROWN EDWARDS & COMPANY LLP 4951 LAKE BROOK DRIVE SUITE 375 GLEN ALLEN VA 23060 990 2021-06-01 540720603 VIRGINIA UNITED METHODIST HOMES INC VIRG 8044748700 120 EASTSHORE DRIVE 130 GLEN ALLEN VA 23059 CHRISTOPHER P HENDERSON PRESIDENT/CEO 8044748700 2023-01-11 1 CHRISTOPHER HENDERSON 999009999 MARK W TUCK CPA P00074594 8042826000 2023-01-11 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z X PINNACLE LIVING CHRISTOPHER P HENDERSON 120 EASTSHORE DRIVE 130 GLEN ALLEN VA 23059 86442065 0 X WWW.PINNACLELIVING.ORG X 1945 VA ENRICHING LIFE'S JOURNEY 10 9 952 180 0 0 1878971 1327653 60667520 65627406 4620131 3279775 0 0 67166622 70234834 416974 338136 0 0 34724194 35962865 0 0 241702 28528731 31562161 63669899 67863162 3496723 2371672 283233818 253887875 200910235 198564330 82323583 55323545 X ENRICHING LIFE'S JOURNEY BY PROVIDING HOUSING, HEALTH CARE AND RELATED SERVICES FOR SENIORS. 0 0 60037069 338136 65627406 PINNACLE LIVING PROVIDES HOUSING, HEALTH SERVICES AND FINANCIAL SECURITY TO RESIDENTS AT ITS FOUR LIFE PLAN COMMUNITIES IN VIRGINIA. PINNACLE LIVING IS ALSO THE SOLE MEMBER OF VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG, INC. DOING BUSINESS AS WINDSORMEADE WILLIAMSBURG, WHICH OWNS AND OPERATES A LIFE PLAN COMMUNITY IN WILLIAMSBURG, VIRGINIA. PINNACLE LIVING PROVIDES FOR THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL AND RELIGIOUS NEEDS OF RESIDENTS. TOGETHER WITH ITS RELATED ORGANIZATION, WINDSORMEADE WILLIAMSBURG, PINNACLE LIVING IS A SYSTEM OF COMMUNITIES SERVING A WIDE RANGE OF SOCIALLY AND ECONOMICALLY DIVERSE RESIDENTS. PINNACLE LIVING AND WINDSORMEADE WILLIAMSBURG HAVE A LONGSTANDING REPUTATION OF PROVIDING EXCELLENT, COMPASSIONATE SERVICES IN A CHRISTIAN ENVIRONMENT. PINNACLE LIVING PROVIDES (DIRECTLY AND THROUGH THIRD PARTY ARRANGEMENTS) FOR THE HEALTH CARE OF RESIDENTS, IN HOUSEHOLD AND NEIGHBORHOOD SETTINGS WITH SKILLED NURSING SERVICES, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEMORY SUPPORT, PHYSICAL THERAPY AND RELATED HEALTH SERVICES. PINNACLE LIVING IS COMMITTED TO PROVIDING FOR THE FINANCIAL SECURITY OF ITS RESIDENTS IN COMPLIANCE WITH THE STANDARDS APPLICABLE TO A PUBLIC CHARITY. CONSISTENT WITH THIS COMMITMENT, PINNACLE LIVING ESTABLISHED ITS SAMARITAN PROGRAM FOR BENEVOLENT CARE. THROUGH THE SAMARITAN PROGRAM, FUNDS ARE SOLICITED BY VARIOUS MEANS, INCLUDING DIRECT SOLICITATION OF MEMBERS OF THE UNITED METHODIST CHURCH, ON BEHALF OF THE PINNACLE LIVING AND WINDSORMEADE WILLIAMSBURG RESIDENTS WHO MAY BECOME UNABLE TO PAY A PORTION OR ALL THEIR EXPENSES. 60037069 1 1 0 0 0 0 0 0 1 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 1 1 0 0 1 202 0 952 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X CORPORATE OFFICERS 8044748700 120 EASTSHORE DRIVE 130 GLEN ALLEN VA 23059 LISA F HAN CHAIR 1.00 X 0 0 0 JANE G HORNBECK VICE CHAIR 1.00 X 0 0 0 KEVIN W BRUNY SECRETARY/TREASURER 1.00 X 0 0 0 BRENDA S BROOKS DIRECTOR 1.00 X 0 0 0 SHIRLEY M CAUFFMAN DIRECTOR 1.00 X 0 0 0 HANK C COLEMAN DIRECTOR 1.00 X 0 0 0 WILDA M FERGUSON DIRECTOR 1.00 X 0 0 0 STEVEN R JONES DIRECTOR 1.00 X 0 0 0 F ELLEN NETTING DIRECTOR 1.00 X 0 0 0 CHRISTOPHER P HENDERSON PRESIDENT/CEO 25.00 15.00 X X 604116 0 39145 KEVIN L SALMINEN CHIEF FINANCIAL OFFICER 40.00 X 281143 0 27669 DANIEL C OETZEL CHIEF OPERATING OFFICER 40.00 X 272241 0 27873 DANIEL NIMON VP STRATEGIC GROWTH AND NEW BUSINESS DEVELOPMENT 40.00 X 234227 0 38038 MICHAEL SHAW VICE PRESIDENT LIFE PLAN COMMUNITY OPERATIONS 40.00 X 212765 0 31111 RICHARD D BOTTONE VICE PRESIDENT ADMINISTRATIVE SERVICES 40.00 X 198420 0 34168 AMY CHAPMAN EXECUTIVE DIRECTOR 40.00 X 162568 0 21554 MARK COLLINS DIRECTOR INFORMATION TECHNOLOGY 40.00 X 152046 0 37524 CHRISTOPHER GARDNER EXECUTIVE DIRECTOR 40.00 X 140095 0 29890 LYNETTE MITCHELL DIRECTOR SALES & MARKETING II 40.00 X 129283 0 11196 JAMES STOVALL EXECUTIVE DIRECTOR 40.00 X 123662 0 17613 MARTHA ENSLEY STOKES DIRECTOR CHURCH AND COMMUNITY RELATIONS 40.00 X 120632 0 19336 MATTHEW DAMERON ASSOCIATE EXECUTIVE DIRECTOR II 40.00 X 116003 0 18551 2747201 0 353668 26 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 MANAGEMENT 2034964 A1 ASPHALT PAVING & SEALING LLC PO BOX 1465 GLEN ALLEN VA 23060 CONSTRUCTION 1203472 MADISON & MAIN LLC 101 EAST CARY STREET RICHMOND VA 23219 ADVERTISING 891950 SYCOM TECHNOLOGIES LLC PO BOX 70909 RICHMOND VA 232550909 IT SECURITY 527518 JAMES RIVER GROUNDS MANAGEMENT LLC PO BOX 936640 ATLANTA GA 311936640 LANDSCAPING 426164 15 1327653 1327653 FEES FROM RESIDENTS 623000 61097846 61097846 OTHER OPERATING REVENUE 623000 4408679 4408679 OTHER FEES 623000 96388 96388 ANCILLARY SERVICE REVENUE 623000 24493 24493 65627406 2596899 2596899 16083181 806926 15345873 861358 737308 -54432 682876 682876 70234834 65627406 0 3279775 338136 338136 2715666 339397 2376269 27072836 24264592 2603344 204900 1464050 1410930 39386 13734 2475308 2305206 170102 2235005 1939660 278283 17062 350968 350968 114450 114450 5470569 4836576 633993 1048433 1048104 329 648866 488353 159411 1102 1282350 1282350 3268791 3107566 161225 64160 9446 53243 1471 92343 35120 54119 3104 3337845 3337845 7354013 7354013 1138128 1071419 66709 DIETARY COSTS 3774723 3768474 6249 REPAIRS & MAINTENANCE 1689645 1662916 26729 EMPLOYEE RECRUITING & R 579264 129700 449564 RESIDENCE RENOVATIONS 385401 385401 962212 921865 40347 67863162 60037069 7584391 241702 11910144 10333860 478716 915322 281498 233433 228329250 91786442 132982104 136542808 93134385 81171013 44446971 24691439 283233818 253887875 8792185 9424285 80343772 79798916 867233 969245 110359794 106379383 547251 1992501 200910235 198564330 X 52365536 29453915 29958047 25869630 82323583 55323545 283233818 253887875 X 2371672 -6239707 -20638933 -2493070 X 0 1 X 1 0 X 3036883 1437413 3265520 1878971 1327653 10946440 60236808 61648968 60416408 60250546 65289270 307842000 63273691 63086381 63681928 62129517 66616923 318788440 0 0 0 318788440 1467063 1632442 2324326 1411464 2596899 9432194 1467063 1632442 2324326 1411464 2596899 9432194 64740754 64718823 66006254 63540981 69213822 328220634 0.97130 0.97440 0.02870 0.02560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6800209 282082 -405554 338137 6338600 6114028 832751 308299 454869 6800209 3463960 2292024 770268 412224 6114028 3217333 204567 242663 200603 3463960 3253175 261335 -873 296304 3217333 0.45040 0.54960 0 0 7287569 7287569 194781223 85617603 109163620 94001 71427 22574 9275050 6097412 3177638 16891407 16891407 136542808 ACCRUED INCOME RECEIVABLE 117576 BENEFICIAL INTEREST IN TRUSTS 19739753 OTHER ASSETS 743983 ASSETS WHOSE USE IS LIMITED 3351645 DUE FROM AFFILIATE 738482 24691439 OTHER LIABILITIES 1758411 RESIDENT REFUND PAYABLE 234090 1992501 X 61163921 -6239707 -2493070 -8732777 69896698 338136 338136 70234834 67525026 0 67525026 338136 338136 67863162 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS DEPOSITS FOR PROSPECTIVE RESIDENTS UNTIL THEY ARE ACCEPTED FOR RESIDENCY IN THE COMMUNITY. PART V, LINE 4: THE INCOME FROM PINNACLE LIVING'S PERMANENTLY RESTRICTED ENDOWMENT FUND IS DEDICATED TO PROVIDE MONIES TO DEFRAY THE COST OF HOUSING AND SERVICES TO PERSONS IN PINNACLE LIVING COMMUNITIES WHO ARE UNABLE TO PROVIDE SUCH MONIES ON THEIR OWN BEHALF. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE COMBINED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE TAXING AUTHORITIES FOR YEARS ENDING BEFORE MAY 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE CHANGE IN BENEFICIAL INTEREST IN TRUSTS -3,664,585. TRANSFER FROM AFFILIATE 1,171,515. PART XI, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE 338,136. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE 338,136. 1 SAMARITAN PROGRAM/BENEVOLENT CARE 10 338136 FMV PART I, LINE 2: PINNACLE LIVING PROVIDES BENEVOLENT CARE THROUGH THE SAMARITAN PROGRAM TO COMMUNITY RESIDENTS WHO ARE UNABLE TO PAY A PORTION OR ALL OF THEIR EXPENSES. PARTICIPATION IN THE PROGRAM IS MONITORED BY ORGANIZATION MANAGEMENT. X X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER P HENDERSON PRESIDENT/CEO 399482 0 202537 0 2097 0 21721 0 17424 0 643261 0 0 0 KEVIN L SALMINEN CHIEF FINANCIAL OFFICER 243795 0 37258 0 90 0 21002 0 6667 0 308812 0 0 0 DANIEL C OETZEL CHIEF OPERATING OFFICER 228112 0 42318 0 1811 0 21447 0 6426 0 300114 0 0 0 DANIEL NIMON VP STRATEGIC GROWTH AND NEW BUSINESS 199727 0 30653 0 3847 0 16766 0 21272 0 272265 0 0 0 MICHAEL SHAW VICE PRESIDENT LIFE PLAN COMMUNITY O 211352 0 1275 0 138 0 17729 0 13382 0 243876 0 0 0 RICHARD D BOTTONE VICE PRESIDENT ADMINISTRATIVE SERVIC 176277 0 20492 0 1651 0 16744 0 17424 0 232588 0 0 0 AMY CHAPMAN EXECUTIVE DIRECTOR 161084 0 1346 0 138 0 14887 0 6667 0 184122 0 0 0 MARK COLLINS DIRECTOR INFORMATION TECHNOLOGY 131506 0 15221 0 5319 0 13433 0 24091 0 189570 0 0 0 CHRISTOPHER GARDNER EXECUTIVE DIRECTOR 138610 0 1347 0 138 0 5799 0 24091 0 169985 0 0 0 A EDA OF HENRICO COUNTY VIRGINIA 541197472 42605QEB5 2012-08-09 31325144 SEE PART VI 0 0 0 B VIRGINIA SMALL BUSINESS FINANCING AUTHORITY 541300845 928103AJ9 2017-12-27 57785180 SEE PART VI 0 0 0 C EDA OF HENRICO COUNTY VIRGINIA 541197472 42605QGQ0 2019-03-13 46383571 CONSTRUCTION AND RENOVATION 0 0 0 A 16185000 31325145 2841706 626503 27856935 1996 1 0 1 1 B 58102367 2497155 3609055 1022908 34272385 15111481 1589382 1 0 0 1 C 11000000 46985549 1877780 1568436 927671 28640224 13971438 0 0 0 1 B 0 1 1 1 0 0.00500 0.00500 0 0 1 C 0 1 1 1 0 0.00500 0.00500 0 0 1 A 0 0 0 1 0 0 0 1 B 0 1 0 0 0 0 0 1 1 C 0 1 0 0 1 0 0 1 1 A 1 B 1 C 1 PART I, A, (F) DESCRIPTION OF PURPOSE: REFUND THE ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY, VIRGINIA RESIDENTIAL CARE FACILITY REVENUE REFUNDING BONDS (VIRGINIA UNITED METHODIST HOMES, INC.), SERIES 2002 ISSUED ON 12/19/2002 PART I, B, (F) DESCRIPTION OF PURPOSE: CONSTRUCT AND EQUIP CEDARFIELD COMMUNITY AND REFUND THE VIRGINIA SMALL BUSINESS FINANCING AUTHORITY RESIDENTIAL FACILITY REVENUE BONDS (VIRGINIA UNITED METHODIST HOMES), SERIES 2017A AND SERIES 2017B ISSUED ON 04/18/2017 PART II, B, LINE 3 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS IS INVESTMENT EARNINGS PART II, C, LINE 3 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS IS INVESTMENT EARNINGS PART IV, A, LINE 2C REPORT WAS COMPLETED JUNE 2019 THIS SCHEDULE K COMPLETED FOR YEAR ENDED 05/31/2022 FORM 990, PART VI, SECTION B, LINE 11B CONSISTENT WITH THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BY-LAWS AND VIRGINIA UNITED METHODIST HOMES, INC. DOING BUSINESS AS PINNACLE LIVING AUDIT COMMITTEE GUIDELINES, A COPY OF THE FORM 990 WAS PRESENTED TO THE PINNACLE LIVING AUDIT COMMITTEE, AS WELL AS ALL MEMBERS OF ITS GOVERNING BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS SIGN A SWORN DISCLOSURE STATEMENT ANNUALLY. THE INFORMATION STATED IN THE SWORN DISCLOSURE STATEMENT IS INCLUDED IN THE ANNUAL DISCLOSURE STATEMENT FILED WITH THE STATE CORPORATION COMMISSION OF VIRGINIA BY SEPTEMBER 30 OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 PINNACLE LIVING USES A HUMAN RESOURCES CONSULTANT TO COMPARE POSITIONS TO LIKE POSITIONS IN THE MARKET. THE MARKET ANALYSIS METHODOLOGY DEFINES THE MARKET PLACE BASED ON COMPENSATION PHILOSOPHY (I.E. LIFE PLAN COMMUNITIES, HEALTH CARE, HOSPITALITY AND NON-PROFIT ORGANIZATIONS). THE REGIONAL MARKET INCLUDES METRO AREAS, VIRGINIA STATEWIDE AND SOUTH ATLANTIC STATES. MARKET DATA IS COLLECTED FROM NUMEROUS SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 PINNACLE LIVING'S ARTICLES OF INCORPORATION ARE ON FILE WITH THE STATE CORPORATION COMMISSION OF VIRGINIA AND AVAILABLE TO THE PUBLIC ON REQUEST. PINNACLE LIVING'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. PINNACLE LIVING'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN ITS ANNUAL DISCLOSURE STATEMENT FILED WITH THE STATE CORPORATION COMMISSION OF VIRGINIA. THAT DISCLOSURE STATEMENT IS MADE AVAILABLE TO ALL PINNACLE LIVING RESIDENTS AND TO THE PUBLIC UPON REQUEST. IN ADDITION, PINNACLE LIVING'S FINANCIAL INFORMATION IS MADE AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: PRESENT VALUE CHANGE IN BENEFICIAL INTEREST IN TRUSTS -3,664,585. TRANSFER FROM AFFILIATE 1,171,515. VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC 120 EASTSHORE DRIVE 130 GLEN ALLEN VA 23059 300173798 LIFE PLAN COMMUNITY VA 501(C)(3) LINE 10 VIRGINIA UNITED METHODIST HOMES INC 1 HERMITAGE CAPITAL AND RESERVE CORPORATION 120 EASTSHORE DRIVE 130 GLEN ALLEN VA 23059 462641284 SUPPORTING PINNACLE LIVING AND WINDSORMEADE WILLIAMSBURG VA 501(C)(3) LINE 12A, I VIRGINIA UNITED METHODIST HOMES INC 1 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC A 333075 ACTUAL VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC L 1484214 ACTUAL COST HERMITAGE CAPITAL AND RESERVE CORPORATION S 1171515 ACTUAL COST