2021-08-12T15:29:05-05:00 2020-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2019-10-01 237162493 WESTMINSTER CANTERBURY CORPORATION WEST 8042646000 1600 WESTBROOK AVENUE RICHMOND VA 232273337 W RUSSELL GARDNER CFO 8042646000 2021-08-11 1 JOHN NORMAN P01506766 7049985200 2021-08-11 2019 2022-09-23 18:48:47Z W RUSSELL GARDNER 1600 WESTBROOK AVENUE RICHMOND VA 232273337 131245708 0 X WWW.WCRICHMOND.ORG X 1975 VA AS A MINISTRY OF THE EPISCOPAL AND PRESBYTERIAN CHURCHES, WESTMINSTER CANTERBURY PROVIDES AN INSURANCE PRODUCT OFFERING INDEPENDENT LIVING; MEMORY SUPPORT; ASSISTED LIVING; AND INTERMEDIATE AND SKILLED NURSING BEDS, ALL FOR PERSONS AGES 62 AND OLDER. FINANCIAL AID IS AVAILABLE TO THOSE WHOSE FINANCIAL RESOURCES ARE NOT SUFFICIENT TO COVER ENTRANCE FEE, MONTHLY FEE OR BOTH. 18 18 730 500 2338 0 2533705 3072689 67515228 69067145 5689371 5599718 0 0 75738304 77739552 3000606 3198172 0 0 22213390 22387684 0 0 0 40621007 42984355 65835003 68570211 9903301 9169341 317540772 326286753 230146840 227125972 87393932 99160781 X AS A FAITH-BASED CHARITABLE ORGANIZATION, WE WILL PROVIDE SERVICES, SPECIFIC TO NEED, IN A COMPASSIONATE, PROFESSIONAL, HOLISTIC MANNER, THROUGH AN INSPIRING ENVIRONMENT AND DYNAMIC LEADERSHIP FOR OUR RESIDENTS, EMPLOYEES AND OTHERS WE SERVE. 0 0 66465738 3198172 69067145 AS A MINISTRY OF THE EPISCOPAL AND PRESBYTERIAN CHURCHES, WESTMINSTER CANTERBURY PROVIDES 493 RESIDENCES FOR INDEPENDENT LIVING; 72 APARTMENTS FOR THOSE WITH COGNITIVE DECLINE, 80 APARTMENTS FOR ASSISTED LIVING; AND 158 INTERMEDIATE AND SKILLED NURSING BEDS, ALL FOR PERSONS AGED 62 AND OLDER. IN ADDITION, WESTMINSTER CANTERBURY PROVIDES RESIDENTS WITH THE OPPORTUNITIES FOR SOCIALIZATION, INTELLECTUAL STIMULATION, ENTERTAINMENT, RECREATION, PHYSICAL CARE AND SPIRITUAL ENRICHMENT. SPECIFIED SERVICES ARE PROVIDED UNDER THE CONTINUING CARE CONTRACT (RESIDENCE AND CARE AGREEMENT). WESTMINSTER CANTERBURY'S CCRC PRODUCTS ARE REGISTERED WITH THE COMMONWEALTH OF VIRGINIA, BUREAU OF INSURANCE. OTHER SERVICE AND FACILITIES MADE AVAILABLE ARE FOR AN EXTRA CHARGE I.E. MEALS PURCHASED INDIVIDUALLY OR AS PART OF AN OPTION PLAN, DRUGS, BEAUTY SHOP, INTERNET ETC. FINANCIAL AID IS AVAILABLE TO THOSE WHOSE FINANCIAL RESOURCES ARE NOT SUFFICIENT TO COVER ENTRANCE FEE, MONTHLY FEE OR BOTH. ALL FINANCIAL INFORMATION PROVIDED BY THE PROSPECTIVE RESIDENTS IS ANALYZED USING A SOFTWARE PROGRAM CALLED FINAID. THIS PROGRAM USES ACTUARIAL TABLES TO PROJECT HOW MUCH, IF ANY, FINANCIAL ASSISTANCE MAY BE NEEDED BY EACH PROSPECTIVE RESIDENT. ON AVERAGE WESTMINSTER CANTERBURY ASSISTS 110 RESIDENTS WITH FINANCIAL AID DURING THE YEAR. 66465738 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 85 0 730 1 1 1 0 CJ 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARTIN KANE DIRECTOR OF FINANCE 8042646000 1600 WESTBROOK AVENUE RICHMOND VA 232273337 JOHN BURNS CEO 12.00 38.00 X 0 448355 54364 W RUSSELL GARDNER CFO & VICE PRESIDENT 15.00 35.00 X 0 329135 43263 ROBERT D COX FORMER VICE PRESIDENT 35.00 15.00 X 0 220980 47895 WILLIAM H BLACKWELL VICE PRESIDENT 35.00 15.00 X 215170 0 31441 GAYLE HAGLUND VICE PRESIDENT 3.00 47.00 X 0 176831 27294 WINDLEY GRAVATT VICE PRESIDENT 15.00 35.00 X 0 173793 28323 SHARON M POZNANCZYK DIRECTOR OF NURSING 50.00 0.00 X 172644 0 28256 KEVIN DAIGNAULT ADMINISTRATOR HOME HEALTH 35.00 15.00 X 146886 0 17982 MARTIN KANE DIRECTOR OF FINANCE 15.00 35.00 X 0 142517 24355 ROBERT MANN VICE PRESIDENT 15.00 35.00 X 0 141824 24690 DEREK OLIVER DIRECTOR OF FACILITY ENGIN 35.00 15.00 X 130757 0 24252 DEBRA JACOBSEN DIRECTOR RESIDENT SERVICES 35.00 15.00 X 126630 0 36109 STACEY NANNERY VICE PRESIDENT 15.00 35.00 X 0 122412 25975 SHERRY GRADY VICE PRESIDENT 35.00 15.00 X 0 52653 7320 RUSSELL T AARONSON CHAIR 1.00 3.00 X 0 0 0 HERBERT B THOMSON VICE CHAIR 1.00 3.00 X 0 0 0 JENNIFER D BRITTON TRUSTEE 1.00 3.00 X 0 0 0 W LEE CHANEY TRUSTEE 1.00 3.00 X 0 0 0 MARGARET T CORWIN TRUSTEE 1.00 3.00 X 0 0 0 THE REV ALEX EVANS TRUSTEE 1.00 3.00 X 0 0 0 THOMAS M HOGG TRUSTEE 1.00 3.00 X 0 0 0 SIDNEY R JONES MD TRUSTEE 1.00 3.00 X 0 0 0 CHRISTOPHER M MICHALIK TRUSTEE 1.00 3.00 X 0 0 0 STEPHANIE P NEAL TRUSTEE 1.00 3.00 X 0 0 0 GRETA B PETERS TRUSTEE 1.00 3.00 X 0 0 0 ANGELA P PHELON TRUSTEE 1.00 3.00 X 0 0 0 G EVERETT B REVELEY TRUSTEE 1.00 3.00 X 0 0 0 JAMES W RICHTER TRUSTEE 1.00 3.00 X 0 0 0 CULLEN B RIVERS MD TRUSTEE 1.00 3.00 X 0 0 0 JAMES G ROSE JR TRUSTEE 1.00 3.00 X 0 0 0 M PIERCE RUCKER TRUSTEE 1.00 3.00 X 0 0 0 ARCHIBALD WALLACE III TRUSTEE 1.00 3.00 X 0 0 0 792087 1808500 421519 25 1 1 0 SYSCO FOOD SERVICE OF VA 5081 SOUTH VALLEY PIKE HARRISONBURG VA 22801 FOOD SUPPLIER 2006989 GENESIS ELDERCARE REHABILITATION PO BOX 7427-6524 PHILADELPHIA PA 19170 REHAB PROVIDER 1779179 GILBANE BUILDING COMPANY 7 JACKSON WALKWAY PROVIDENCE RI 02903 CONTRACTOR 1373615 COLONIAL WEBB CONTRACTORS 2820 ACKLEY AVE RICHMOND VA 23228 CONTRACTOR 1325371 DOMINION ENERGY VIRGINIA PO BOX 26543 RICHMOND VA 23290 UTILITIES PROVIDER 1197062 5 2801479 271210 160595 3072689 RESIDENT SERVICES 623000 63328497 63328497 OTHER REVENUE 623000 5738648 5738648 69067145 1256670 2338 1254332 57849204 53491078 15078 4358126 -15078 4343048 4343048 77739552 69067145 2338 5597380 3198172 3198172 265009 265009 20288401 20143254 145147 281223 271999 9224 1553051 1502111 50940 12917074 12473248 443826 541426 541426 2587999 2587999 1916 1916 868967 868967 2120668 2051110 69558 11273 11273 4010024 3872241 137783 12735999 12298394 437605 9011 9011 DIETARY EXPENSES 2595974 2595974 REPAIR AND MAINTENANCE 1789307 1789307 PROGRAM SUPPLIES 1637977 1637977 BAD DEBTS 789879 789879 366861 364822 2039 68570211 66465738 2104473 0 16186687 13925463 651964 741551 1079585 770229 1925439 1034697 47628 61711 660410 935073 312394242 172274176 132636897 140120066 79456507 69290754 63506617 78344042 21389038 21063167 317540772 326286753 8382322 8734524 116558229 116553963 95674601 91875133 9531688 9962352 230146840 227125972 X 72000791 83534349 15393141 15626432 87393932 99160781 317540772 326286753 X 9169341 2044633 552875 X X 0 1 X 1 0 X 2237630 2394122 5125250 2533705 3072689 15363396 59199580 61715556 62685162 67515228 69067145 320182671 61437210 64109678 67810412 70048933 72139834 335546067 0 0 0 335546067 863599 1324748 870857 1496222 1256670 5812096 863599 1324748 870857 1496222 1256670 5812096 62300809 65434426 68681269 71545155 73396504 341358163 0.98300 0.98190 0.01700 0.01810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15393141 2412094 925325 3104128 15626432 15771362 1979890 299057 2657168 15393141 15444337 898241 571216 15771362 14311617 1806453 673733 15444337 13802792 1193296 684471 14311617 1.00000 0 0 9775179 9775179 215498605 118882048 96616557 26389291 24670261 1719030 59657150 27893002 31764148 1074017 828865 245152 140120066 ALTERNATIVE INVESTMENTS 78344042 F 78344042 ASSETS LIMITED AS TO USE 3385095 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2136375 DUE FROM RELATED PARTIES 9143259 CONSTRUCTION IN PROGRESS 6398438 21063167 DUE TO RELATED PARTIES 5817291 OTHER LIABILITIES 231937 REFUNDABLE RESERVATION DEPOSITS 1630963 REFUNDABLE ADVANCE FEES 1150105 OTHER CURRENT LIABILITIES 1132056 9962352 X 74026714 0 74026714 485393 3227445 3712838 77739552 64820116 15078 15078 64805038 485393 3279780 3765173 68570211 PART V, LINE 4: THESE FUNDS ARE USED BY THE ORGANIZATION TO SUPPORT FELLOWSHIP ASSISTANCE. THE FUNDS ARE MADE UP OF PECH, FELLOWSHIP AND BASKERVILLE/FINCH FUNDS. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION IS IN RECEIPT OF FAVORABLE IRS DETERMINATION LETTERS WITH RESPECT TO THE TAX-EXEMPT STATUS OF THE ENTITY. SECTION 58-12.35 OF THE CODE OF VIRGINIA SPECIFICALLY EXEMPTS THE PROPERTY OF THE ORGANIZATION ONLY FROM STATE AND LOCAL TAXATION. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS STANDARD DOES NOT HAVE A SIGNIFICANT IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS FROM WESTMINSTER-CANTERBURY FOUNDATION 2,801,479. INVESTMENT INCOME 236,385. RECLASS OF DISPOSAL OF ASSETS -15,078. CORPORATE FELLOWSHIP 94,044. CONTRIBUTIONS - OTHER 110,615. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF DISPOSAL OF ASSETS 15,078. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO INDIVIDUALS 3,198,172. OTHER EXPENSES 81,608. CENTRAL AMERICA & CARIBBEAN INVESTMENTS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 FELLOWSHIP PROGRAM-FINANCIAL ASSISTANCE TO ELDERLY FOR MONTHLY MAINTENANCE FEES, ENTRANCE FEES, MEDICAL SUPPLIES, DRUG EXPENSES, AND PHYSICIAN CO-PAYMENTS FOR A CONTINUING CARE RETIREMENT COMMUNITY. 102 3193895 PART I, LINE 2: SCHEDULE I PART 1, LINE 2: ALL FINANCIAL INFORMATION PROVIDED BY PROSPECTIVE RESIDENTS IS ANALYZED USING A SOFTWARE PROGRAM CALLED FINAID. THIS PROGRAM USES ACTUARIAL TABLES TO PROJECT HOW MUCH, IF ANY, FINANCIAL ASSISTANCE MAY BE NEEDED BY EACH PROSPECTIVE RESIDENT. THE ANALYSIS IS COMPLETED WITHOUT REGARD TO RACE OR RELIGION. WHEN FINANCIAL AID IS PROJECTED AS NECESSARY, SPECIFIC GUIDELINES ARE USED TO DETERMINE THE EXTENT TO WHICH THE ORGANIZATION WILL BE ABLE TO MEET THAT INDIVIDUAL'S NEED. EACH YEAR THE ORGANIZATION RETAINS AN ACTUARY TO DETERMINE THE ORGANIZATIONS FUTURE LIFETIME MONTHLY FINANCIAL OBLIGATION. IN THIS MANNER, THE ORGANIZATION CONFIRMS THE AVAILABILITY OF FUNDS SUFFICIENT TO SUPPORT THE NEEDS OF THE RESIDENTS FOR THE REST OF THEIR LIVES. X X X X 0 0 0 0 0 0 0 0 0 JOHN BURNS CEO 0 345428 0 83871 0 19056 0 28753 0 25611 0 502719 0 0 W RUSSELL GARDNER CFO & VICE PRESIDENT 0 271991 0 52911 0 4233 0 20459 0 22804 0 372398 0 0 ROBERT D COX FORMER VICE PRESIDENT 0 125657 0 80536 0 14787 0 30545 0 17350 0 268875 0 0 WILLIAM H BLACKWELL VICE PRESIDENT 188901 0 26269 0 0 0 11334 0 20107 0 246611 0 0 0 GAYLE HAGLUND VICE PRESIDENT 0 152944 0 22857 0 1030 0 8354 0 18940 0 204125 0 0 WINDLEY GRAVATT VICE PRESIDENT 0 143015 0 27398 0 3380 0 9057 0 19266 0 202116 0 0 SHARON M POZNANCZYK DIRECTOR OF NURSING 149606 0 17836 0 5202 0 10103 0 18153 0 200900 0 0 0 KEVIN DAIGNAULT ADMINISTRATOR HOME HEALTH 129027 0 12150 0 5709 0 0 0 17982 0 164868 0 0 0 MARTIN KANE DIRECTOR OF FINANCE 0 124669 0 12792 0 5056 0 6740 0 17615 0 166872 0 0 ROBERT MANN VICE PRESIDENT 0 126182 0 14642 0 1000 0 11198 0 13492 0 166514 0 0 DEREK OLIVER DIRECTOR OF FACILITY ENGIN 115189 0 13431 0 2137 0 9977 0 14275 0 155009 0 0 0 DEBRA JACOBSEN DIRECTOR RESIDENT SERVICES 114181 0 12449 0 0 0 18826 0 17283 0 162739 0 0 0 PART I, LINE 3 AN OUTSIDE COMPANY IS ENGAGED EACH YEAR TO ADVISE ON ALL EMPLOYEES' COMPENSATION PACKAGES, INCLUDING THE CEO'S. THE ORGANIZATION AND COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE RECOMMENDATIONS OF THE OUTSIDE COMPANY. A ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 2014-08-29 31034187 REFINANCE OF PART OF 2006 BONDS 0 0 0 B ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 42605QEG4 2015-04-08 27825000 REFINANCE OF PART OF 2006 BONDS 0 0 0 C ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 2018-12-01 40065000 REFINANCE OF 2010 & 2012 BONDS 0 0 0 A 4258407 31034187 105012 30929175 1 0 1 1 B 2110000 27825000 998373 26826627 1 0 1 1 C 1480000 40065000 740213 39324787 1 0 1 1 A 0 1 0 0 0.00010 0.00010 0 0 1 B 0 1 0 0 0 0 1 C 0 1 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 X ORGAN 1 105970 X PIANO 1 24595 X LANDSCAPING 1 18903 X FURNITURE 2 11127 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 WESTMINSTER-CANTERBURY MANAGEMENT CORPORATION, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A WESTMINSTER-CANTERBURY MANAGEMENT CORPORATION, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE ORGANIZATION. AS THE SOLE MEMBER, WCMC HAS THE POWER TO APPOINT ONE OR MORE OF THE MEMBERS OF THE BOARD OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS ARE RESERVED FOR WESTMINSTER-CANTERBURY MANAGEMENT, THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 RETURN IS REVIEWED BY THE AUDIT COMMITTEE. ONCE APPROVED BY THE AUDIT COMMITTEE, THE CHAIR PRESENTS THE COMPLETE FORM 990 TO ALL THE MEMBERS OF THE GOVERNING BOARD FOR APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS FILL OUT A CONFLICT OF INTEREST STATEMENT. IF THERE ARE ANY CONFLICTS, CONFLICTED BOARD MEMBERS EXCUSE THEMSELVES FROM ANY PART OF THE DISCUSSION AND VOTE RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE COMPANY IS ENGAGED EACH YEAR TO ADVISE ON ALL EMPLOYEES' COMPENSATION PACKAGES, INCLUDING THE CEO'S. THE ORGANIZATION AND COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE RECOMMENDATIONS OF THE OUTSIDE COMPANY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PLAN ASSETS AND BENEFICIAL INTEREST 104,621. OTHER CHANGE IN TEMPORARILY RESTRICTED ASSETS 448,254. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE TAX YEAR. WESTMINSTER CANTERBURY FOUNDATION 1600 WESTBROOK AVENUE RICHMOND VA 23227 521189655 PROVIDE FUNDRAISING FOR THE BENEFIT OF A NON PROFIT RETIRMENT COMMUNITY VA 501(C)(3) LINE 8 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 THE GLEBE OF RICHMOND 1600 WESTBROOK AVENUE RICHMOND VA 23227 541552745 OPERATE AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY VA 501(C)(3) LINE 10 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 1600 WESTBROOK AVENUE RICHMOND VA 23227 541553651 PROVIDE MANAGEMENT SERVICES TO WESTMINSTER CANTERBURY CORPORATION VA 501(C)(3) LINE 12A, I 0 WESTMINSTER CANTERBURY CHILD CARE 1600 WESTBROOK AVENUE RICHMOND VA 23227 541552747 PROVIDE CHILD CARE SERVICES VA 501(C)(3) LINE 10 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 WESTMINSTER-CANTERBURY DEVELOPMENT CORPORATION 1600 WESTBROOK AVENUE RICHMOND VA 23227 821783172 SUPPORT & EXTEND THE CHARITABLE MISSION OF WMC VA 501(C)(3) LINE 10 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 0 1 1 1 1 0 0 0 0 1 0 0 1 1 1 1 1 0 0