2023-06-16T10:30:00-05:00 2022-12-31 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-01-01 570699090 WESTMINSTER PRESBYTERIAN CENTER INC WEST 8033285000 1330 INDIA HOOK ROAD ROCK HILL SC 297322412 KEVIN M JOHNSON CFO 8033285000 2023-06-16 1 KEVIN JOHNSON 999009999 1 AMY BIBBY P00445891 8282542254 2023-06-16 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WESTMINSTER TOWERS KEVIN M JOHNSON 1330 INDIA HOOK ROAD ROCK HILL SC 297322412 14641240 0 X WWW.WESTMINSTERTOWERS.ORG X 1981 SC OUR MISSION IS TO PROVIDE SERVICES THAT INSPIRE, ENCOURAGE, AND EMPOWER SENIORS. WHILE DEMONSTRATING THE LOVE OF CHRIST TO SUPPORT INDIVIDUAL WELL-BEING. 14 13 192 10 0 0 2798304 1706764 12350421 12603778 1736140 -299941 0 0 16884865 14010601 0 0 0 0 6396402 5558169 0 0 0 5878357 6499743 12274759 12057912 4610106 1952689 36844641 35839892 18327322 17635411 18517319 18204481 OUR MISSION IS TO PROVIDE SERVICES THAT INSPIRE, ENCOURAGE, AND EMPOWER SENIORS WHILE DEMONSTRATING THE LOVE OF CHRIST TO SUPPORT INDIVIDUAL WELL-BEING. 0 0 9770116 12603778 LEADING SENIOR SERVICES BY INITIATING INNOVATIVE CHANGE, PROVIDING CREATIVE ALTERNATIVES FOR LIFE'S JOURNEY, WHILE ANTICIPATING AND MEETING TOMORROW'S CHALLENGES AND OPPORTUNITIES BY USING FAITH IN GOD AS OUR FOUNDATION, WE SERVE AND HONOR OTHERS WITH PURPOSE: INTEGRITY, RESPECT, EXCELLENCE, ENRICHMENT. IN 2022, WESTMINSTER ACCOMPLISHED KEEPING OUR RESIDENTS SAFE AND HEALTHY BY FOLLOWING FEDERAL AND STATE GUIDELINES FOR LIFE CARE COMMUNITIES IN THE PROTECTION OF INFECTION FROM COVID19. 9770116 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 52 0 1 192 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X KEVIN M JOHNSON CFO 8033285120 1330 INDIA HOOK ROAD ROCK HILL SC 29732 ANNE HARTY BOARD CHAIR 2.00 X X 0 0 0 RICHARD HECKARD BOARD VICE CHAIR 2.00 X X 0 0 0 MARTY COPE BOARD TREASURER 2.00 X X 0 0 0 DONNA RICHTER BOARD SECRETARY 2.00 X X 0 0 0 JOHN BARNES JR BOARD MEMBER 2.00 X 0 0 0 ROBERT H BREAKFIELD BOARD MEMBER 2.00 X 0 0 0 BARB CLINTON BOARD MEMBER 2.00 X 0 0 0 HUGH B DICKEY III BOARD MEMBER 2.00 X 0 0 0 LINDA EMERSON BOARD MEMBER 2.00 X 0 0 0 ROBERT HAYES BOARD MEMBER 2.00 X 0 0 0 JOHN LITTLE BOARD MEMBER 2.00 X 0 0 0 WOODY LIVINGSTON BOARD MEMBER 2.00 X 0 0 0 C CLARK MOORE BOARD MEMBER 2.00 X 0 0 0 ANDY SHENE BOARD MEMBER 2.00 X 0 0 0 JAMES THOMASON CEO/PRESIDENT 40.00 X X 271963 0 2772 KEVIN JOHNSON CFO 40.00 X 204817 0 5472 SANDRA MILLER CONTROLLER 40.00 X 102818 0 9164 MALOU SHUKLA MDSW 40.00 X 113290 0 10084 ALLISON MATTHEWS MARKETING 40.00 X 104883 0 11258 797771 0 38750 5 0 1 0 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 30368 FOOD SERVICE 1627311 BRICK SIDES HOMES 4688 SYRUP MILL ROAD RIDGEWAY SC 29130 GENERAL CONTRACTOR 1609555 POWERBACK REHABILITATION PO BOX 821322 PHILADELPHIA PA 19182 PHYSICAL THERAPY 500674 OTIS ELEVATOR COMPANY PO BOX 73579 CHICAGO IL 606733579 MAINTENANCE 270220 MATTHEW CONSTRUCTION CO PO BOX 36579 ROCK HILLS SC 29732 CONSTRUCTION 191415 8 1560887 145877 1706764 RESIDENT SERVICE FEES 623000 6292139 6292139 HEALTH CENTER FEES 623000 4755532 4755532 HOMEBRIDGE REVENUES 623000 932322 932322 ENTRANCE FEES 623000 623785 623785 12603778 330148 330148 550 630639 0 -630639 550 -630089 -630089 14010601 12603778 0 -299941 X 485025 485025 4287052 3915515 371537 450932 304613 146319 335160 226407 108753 21221 21221 113758 113758 58985 58985 1706838 1473453 233385 129796 129796 215325 172260 43065 420261 378235 42026 20922 19256 1666 286891 284022 2869 1292503 1279578 12925 468007 468007 DIETARY (RAW FOOD) 614904 614904 THERAPY 455409 455409 MEDICAL SUPPLIES 404852 404409 443 DRUGS & SUPPLEMENTS (PH 121994 121994 168077 120061 48016 12057912 9770116 2287796 0 1909671 492068 740377 1560887 595945 983775 31103 5952 246984 422213 35076933 19585389 14182951 15491544 18972319 16735062 165291 148391 36844641 35839892 854514 928253 7973323 7604605 9288341 8300969 211144 801584 18327322 17635411 X 15246551 15312995 3270768 2891486 18517319 18204481 36844641 35839892 1952689 -2265527 0 X X 0 1 X 1 0 X 114119 343131 141819 2798304 1706764 5104137 13135529 13476843 13678042 12350421 12603778 65244613 13249648 13819974 13819861 15148725 14310542 70348750 40000 225050 50000 253852 65500 634402 0 40000 225050 50000 253852 65500 634402 69714348 576553 679180 605128 1736140 -299941 3297060 576553 679180 605128 1736140 -299941 3297060 13826201 14499154 14424989 16884865 14010601 73645810 0.94660 0.93730 0.04480 0.05440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3612799 138558 -479336 3272021 3289381 36899 286519 3612799 2888308 72000 329073 3289381 2403577 97817 386914 2888308 2489501 35536 -121460 2403577 0.16000 0.84000 0 0 698219 698219 20798597 12650541 8148056 9247183 5624508 3622675 2154313 1310340 843973 2178621 2178621 15491544 RESIDENT DEPOSITS AND REFUNDS 801584 801584 X 11686089 -2265527 -2265527 13951616 58985 58985 14010601 11998927 0 11998927 58985 58985 12057912 PART V, LINE 4: THE ENDOWMENT FUND IS USED EXCLUSIVELY FOR THE FOLLOWING PURPOSES: 1. LONG-TERM HEALTH CARE FOR EXISTING RESIDENTS WITH FINANCIAL NEED 2. EXTENDED ASSISTANCE TO EXISTING RESIDENTS WITH NEED 3. ADMITTANCE ASSISTANCE FOR FUTURE RESIDENTS WHO CANNOT MEET THE FINANCIAL REQUIREMENTS ALL DONORS TO THE ENDOWMENT FUND RECEIVE A LETTER THANKING THEM FOR THEIR CONTRIBUTION AND OUTLINING ITS EFFECT. HALF OF THE INTEREST & DIVIDENDS EARNED ON THE FUND IS AUTHORIZED FOR INDIGENT RESIDENTS. PART X, LINE 2: THE CENTER HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 58,985. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 58,985. X 0 0 X X X 0 0 0 0 0 0 0 0 0 JAMES THOMASON CEO/PRESIDENT 224963 0 20000 0 27000 0 2772 0 0 0 274735 0 0 0 KEVIN JOHNSON CFO 173817 0 5000 0 26000 0 814 0 4658 0 210289 0 0 0 PART I, LINE 1A THE CEO OF THE ORGANIZATION UTILIZES ON CAMPUS LODGING DURING THE WEEK AS REQUIRED BY HIS EMPLOYMENT CONTRACT AND IN CONNECTION WITH THE SERVICES PROVIDED TO THE ORGANIZATION. A SC JOBS ECONOMIC DEVELOPMENT AUTHORITY 570960018 2016-07-21 13688125 RESIDENTIAL CARE FIRST MORTGAGE REV REFUNDING BOND 2016 0 0 0 A 5069378 13712628 247448 13440677 2009 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: SC JOBS ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/20/2020 SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS: AMOUNTS PRESENTED ON LINE 3 INCLUDE INVESTMENT EARNINGS TO DATE, AS FOLLOWS: INVESTMENT EARNINGS TO DATE: 24,503 TOTAL TO LINE 3: $ 13,712,628 AMOUNTS EARNED ANNUALLY IN THE BOND'S RESERVE FUNDS (REPORTED ON LINE 4) AND AMOUNTS EARNED ON PROJECT FUNDS BEFORE COMPLETION ARE INCLUDED AS PROCEEDS OF THE ISSUE. SCHEDULE K, PART II, LINE 11, OTHER SPENT PROCEEDS: AMOUNTS PRESENTED ON PART II, LINE 11 REPRESENT PROCEEDS USED TO REFUND PRIOR BONDS ISSUED. COMPORIUM INC BOARD MEMBER JOHN BARNES, JR IS PART OWNER OF COMPORIUM, INC 306633 WESTMINISTER PRESBYTERIAN CENTER PURCHASED TELEPHONE SERVICE AND EQUIPMENT FROM COMPORIUM, INC 0 FORM 990, PART VI, SECTION A, LINE 7A WESTMINSTER PRESBYTERIAN CENTER IS AFFILIATED WITH WESTMINSTER PRESBYTERIAN CHURCH. THE GOVERNING BODY OF WESTMINSTER PRESBYTERIAN CHURCH MUST APPROVE THE ELECTION OR REMOVAL OF A BOARD MEMBER OF WESTMINSTER PRESBYTERIAN CENTER. FORM 990, PART VI, SECTION A, LINE 7B SEE RESPONSE TO LINE 7A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH OVERSIGHT AND ASSISTANCE BY THE ADMINISTRATIVE STAFF OF THE ORGANIZATION. THE FORM 990 WAS FIRST REVIEWED BY THE CEO AND CFO. THEN THE FORM 990 WAS DISTRIBUTED TO THE EXECUTIVE COMMITTEE TO REVIEW PRIOR TO FILING. ALL EXTERNAL FINANCIAL DATA IS REVIEWED BY THE CFO, CEO AND FINANCE COMMITTEE. APPROVAL BY THE FINANCE COMMITTEE FOR DISTRIBUTION IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS DISTRIBUTED BY THE CHAIRMAN OF THE BOARD, REVIEWED, ACCEPTED, AND SIGNED BY EACH VOTING BOARD MEMBER ON AN ANNUAL BASIS. PURSUANT TO THIS POLICY, EACH VOTING MEMBER WILL RECUSE THEMSELVES FROM ANY DISCUSSION AND VOTE FOR WHICH A CONFLICT EXISTS FOR THEMSELVES OR MEMBERS OF THEIR FAMILY. THE CHAIRMAN OF THE BOARD IS RESPONSIBLE FOR COLLECTING, ANALYZING, AND REPORTING THE RESULTS OF THE QUESTIONNAIRES TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION UTILIZES LEADING AGE NC AND SC SURVEYS FOR WAGE SETTING FOR MANAGEMENT POSITIONS INCLUDING CEO/CFO. THE EXECUTIVE COMMITTEE IS PROVIDED WITH BOTH SURVEYS ANNUALLY BY THE CEO AND IS USED IS ESTABLISHING COMPENSATION LEVELS FOR MANAGEMENT POSITIONS. FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILING OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 PHOTOCOPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 983,285. MANAGEMENT AND GENERAL EXPENSES 110,842. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,094,127. SERVICE CONTRACTS: PROGRAM SERVICE EXPENSES 472,890. MANAGEMENT AND GENERAL EXPENSES 118,223. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 591,113. DUES/SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 17,278. MANAGEMENT AND GENERAL EXPENSES 4,320. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,598. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WESTMINISTER PRESBYTERIAN CHURCH 1320 INDIA HOOK RD ROCK HILL SC 29732 RELIGIOUS ORGANIZATION SC 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0