2021-08-10T09:46:44-05:00 2020-09-30 560574444 CHERRY BEKAERT LLP 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990 2019-10-01 541639629 WARM HEARTH FOUNDATION INC WARM 5409611712 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 MOLLY NEVITT CFO 5409611712 2021-08-05 1 AMANDA ADAMS P00748038 7574562400 2019 2022-09-23 18:48:47Z BRAD DALTON 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 2121265 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. 4 4 0 94 0 0 342154 980939 0 0 126459 -7584 32328 947 500941 974302 0 94338 0 0 169821 0 0 0 76100 180290 262932 350111 357270 150830 617032 2343883 3061773 755283 720812 1588600 2340961 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 203473 94338 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. 203473 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 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 VA X MARY KEFFER 5404433423 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 THOMAS PIERCE PRESIDENT 0.50 3.50 X X 0 0 0 ED BUNCE TREASURER 0.50 0.00 X X 0 0 0 NANCY WOLFE SECRETARY 0.50 3.50 X X 0 0 0 MIKE SPEARS TRUSTEE 0.50 3.50 X 0 0 0 FERNE MOSCHELLA PRESIDENT & CEO 0.50 40.00 X 0 179982 15646 MOLLY NEVITT CURRENT CFO 0.50 40.00 X 0 42750 667 HEATHER GEARHART VP OF HEALTH & WELLNESS SERVICES 0.50 40.00 X 0 124423 3662 TAMBRA DIXON DIRECTOR OF MARKETING & DEVELOPMENT 0.50 40.00 X 0 109818 8762 WAYNE HOWELL FORMER CFO 0.50 40.00 X 0 107820 4042 0 564793 32779 0 1 1 0 0 980939 26419 980939 45 45 1112915 1120544 -7629 -7629 -7629 26419 26419 0 947 947 947 974302 0 0 -6637 94338 94338 1541 1541 1291 1291 1498 1498 42 42 30480 30480 14283 8087 6196 580 580 63 63 6888 6888 5026 5026 SHARED SERVICES 196504 92662 29712 74130 4736 2766 1970 357270 203473 77697 76100 62686 50575 416992 3782 58773 519 259 212455 148489 70826 63966 1415293 1857208 790777 614000 2343883 3061773 26769 24050 235241 215638 493273 481124 755283 720812 X -327111 -145333 1915711 2486294 1588600 2340961 2343883 3061773 X 617032 115726 19603 X 0 1 X 1 0 X X 8 WARM HEARTH INC 237378013 10 1 24933 0 NEW RIVER HOUSE INC 521257779 10 1 1010 0 NRV NURSING CENTER INC 311583073 10 1 33605 0 SHOWALTER CENTER INC 541185223 10 1 31092 0 TROLINGER HOUSE INC 521224684 10 1 3698 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 94338 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 1400323 493072 106851 171977 1828269 1299355 87621 27159 13812 1400323 1276966 27363 81649 86623 1299355 1272832 22016 81477 99359 1276966 1146431 46777 110881 31257 1272832 0.11070 0.88930 0 0 52872 20170 32702 159583 128319 31264 63966 RESIDUAL INTEREST IN REAL ESTATE 614000 614000 DUE TO AFFILIATES 481124 481124 1108340 115726 19603 135329 973011 1291 1291 974302 355979 0 355979 1291 1291 357270 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. 1 WARM HEARTH INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 237378013 501(C)(3) 24933 GENERAL SUPPORT SHOWALTER CENTER INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 541185223 501(C)(3) 31092 GENERAL SUPPORT NRV NURSING INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 311583073 501(C)(3) 33605 GENERAL SUPPORT 3 0 PART I, LINE 2: THE FOUNDATION ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATIONS. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 FERNE MOSCHELLA PRESIDENT & CEO 0 179982 0 0 0 0 0 5371 0 10275 0 195628 0 0 WAYNE HOWELL FORMER CFO 0 107820 0 0 0 0 0 3327 0 715 0 111862 0 0 X MISCELLANEOUS HOUSEHOLD ITEMS 0 26419 SALES PROCEEDS 0 0 0 0 PART I, COLUMN (B): DUE TO THE HIGH VOLUME OF SMALL ITEMS DONATED TO THE TREASURE TROVE SHOP, THE ACTUAL NUMBER OF ITEMS DONATED DURING THE YEAR IS NOT KNOWN. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION RESTATED ITS ARTICLES OF INCORPORATION WITH THE FOLLOWING SIGNIFICANT CHANGES: 1. THE COMPOSITION OF THE BOARD CHANGED TO BE NO LESS THAN 4 TRUSTEES AND NOT MORE THAN 7. THE ORIGINAL STATED NOT LESS THAN 7 AND NOT MORE THAN 21. 2. THE PURPOSE WAS EXPANDED TO INCLUDE OPERATING A THRIFT STORE TO SUPPORT THE RESIDENTS OF WARM HEARTH, INC. 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 THE BOARD OF DIRECTORS DELEGATED REVIEW OF THE FORM 990 TO THE CFO. THE FORM 990 IS FIRST PREPARED BY THE INDEPENDENT ACCOUNTANTS AND THEN REVIEWED BY THE CFO AND CONTROLLER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEE HANDBOOK HAS A STATEMENT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTERESTS 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 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. WARM HEARTH INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 237378103 HOUSING VA 501(C)(3) LINE 10 N/A 0 NRV NURSING CENTER INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 311583073 HEALTH CARE VA 501(C)(3) LINE 10 N/A 0 SHOWALTER CENTER INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 541185223 HOUSING VA 501(C)(3) LINE 10 N/A 0 TROLINGER HOUSE INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 521224684 HOUSING VA 501(C)(3) LINE 10 N/A 0 NEW RIVER HOUSE INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 521257779 HOUSING VA 501(C)(3) LINE 10 N/A 0 FOUNDER'S FOREST 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 541185224 HOUSING VA 501(C)(4) N/A 0 NEW CENTURY HOUSING INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 311788636 HOUSING VA 501(C)(4) N/A 0 WARM HEARTH AT HOME INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 464213353 HOME CARE VA 501(C)(3) LINE 10 N/A 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 FOUNDER'S FOREST E 481124 BOOK