2018-10-01T09:48:47-05:00 2018-05-31 540565834 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2017-06-01 540720603 VIRGINIA UNITED METHODIST HOMES INC VIRG 8044748700 5101 COX ROAD SUITE 225 GLEN ALLEN VA 23060 CHRISTOPHER P HENDERSON PRESIDENT/CEO 8044748700 2018-09-26 1 WILLIAM A YOUNG JR CPA P00074605 8042826000 66.43.131.158 2018-09-26 11:28:05 ED P 7CB41EC06639A8DD90A780C296E0BD954AEACE10 8856E82890C0FE071C703AD66719C5FFA7286627 2017 2018-06-14 16:35:46Z PINNACLE LIVING CHRISTOPHER P HENDERSON 5101 COX ROAD SUITE 225 GLEN ALLEN VA 23060 84180253 0 X WWW.PINNACLELIVING.ORG X 1945 VA ENRICHING LIFE'S JOURNEY 10 9 1094 347 0 0 1459126 3036883 60340236 61016070 2021236 2578482 0 0 63820598 66631435 922712 779262 0 0 34544109 37113390 0 0 218760 25629197 28556856 61096018 66449508 2724580 181927 179294822 230437523 108361110 163300694 70933712 67136829 X ENRICHING LIFE'S JOURNEY 0 0 59250438 779262 61016070 PINNACLE LIVING HAS BEEN PROVIDING HOUSING, HEALTH SERVICES AND FINANCIAL SECURITY TO RESIDENTS AT ITS FIVE LIFE PLAN COMMUNITIES AND ONE ASSISTED LIVING COMMUNITY 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 POPULATION OF 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. 59250438 1 1 0 1 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 1 226 0 1094 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 5101 COX ROAD SUITE 225 GLEN ALLEN VA 23060 LISA F HAN CHAIR 1.00 X X 0 0 0 JANE G HORNBECK VICE CHAIR 1.00 X X 0 0 0 WILLIAM H PETERSON SECRETARY/TREASURER 1.00 X X 0 0 0 BENJAMIN J LAMBERT IV DIRECTOR 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 KEVIN W BRUNY DIRECTOR 1.00 X 0 0 0 F ELLEN NETTING DIRECTOR 1.00 X 0 0 0 STEVEN R JONES DIRECTOR 1.00 X 0 0 0 CHRISTOPHER P HENDERSON PRESIDENT/CEO 25.00 15.00 X X 475076 0 41924 KEVIN L SALMINEN CHIEF FINANCIAL OFFICER 40.00 X 202200 0 21320 DANIEL C OETZEL CHIEF OPERATING OFFICER 40.00 X 267960 0 26338 EDWARD L WATKINS EXECUTIVE DIRECTOR 40.00 X 219146 0 23119 GALE KNOX EXECUTIVE DIRECTOR 40.00 X 185044 0 20003 RICHARD D BOTTONE VP OF MISSION IMPLEMENTATION 40.00 X 171880 0 24215 MARK COLLINS INFORMATION TECHNOLOGY MANAGER 40.00 X 132389 0 22002 AMY CHAPMAN ADMINISTRATOR RESIDENT LIFE SERVICES 40.00 X 131652 0 15823 DAVID L STUART DIRECTOR OF DINING SERVICE 40.00 X 125195 0 11335 MICHAEL SHAW EXECUTIVE DIRECTOR 40.00 X 118562 0 5736 COLLEEN LOBB DIRECTOR OF NURSING 40.00 X 115324 0 9189 2144428 0 221004 14 0 1 0 SFCS INC 305 SOUTH JEFFERSON STREET ROANOKE VA 240112003 ARCHITECTURAL 1881296 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 MANAGEMENT 993619 THOMAS A COOPER PC 1700 BAYBERRY COURT SUITE 103 HENRICO VA 23226 LEGAL 391664 MATUS PAINTING & WALLCOVERINGS 8736 RIDGE HOLLOW COURT SPRINGFIELD VA 22152 CONTRACTOR 356565 SAWGRASS PARTNERS LLC 1721 DEL OGIER DRIVE GLENVIEW IL 60025 ADVISORY 240000 16 3036883 3036883 FEES FROM RESIDENTS 623000 59162164 59162164 OTHER OPERATING REVENUE 623000 1690224 1690224 ANCILLARY SERVICE REVENUE 623000 163682 163682 61016070 1467063 1467063 18191569 468668 16983430 565388 1208139 -96720 1111419 1111419 66631435 61016070 0 2578482 779262 779262 1732381 1732381 28824810 26616753 2123988 84069 1430949 1289498 141451 2945535 2622312 323223 2179715 1955762 218334 5619 541870 541870 101250 101250 24961 24961 3719536 2746100 865124 108312 1175887 1163284 4274 8329 769446 573563 193805 2078 1232536 1198347 34189 3485159 3285163 199796 200 138302 39556 91158 7588 142881 61308 80075 1498 2060126 2060126 6433453 6433453 1027938 976693 51245 DIETARY COSTS 3956362 3953568 2794 REPAIRS & MAINTENANCE 2134473 2101107 33189 177 RESIDENCE RENOVATIONS 440112 439822 290 RESIDENT SERVICES 306110 303184 2926 866454 651577 213987 890 66449508 59250438 6980310 218760 6754427 7335647 1028386 825317 312372 212728 194470091 102852662 78529347 91617429 61029140 101605146 31641150 28841256 179294822 230437523 6158003 11230425 66543949 70858720 1234857 2106420 34387601 78672982 36700 432147 108361110 163300694 X 44962737 45624495 360614 281367 25610361 21230967 70933712 67136829 179294822 230437523 X 181927 400584 -4379394 X 0 1 X 1 0 X 2990217 3396783 4297813 4564342 3036883 18286038 52662869 54114096 56822973 59417524 60236808 283254270 55653086 57510879 61120786 63981866 63273691 301540308 0 0 0 301540308 1333786 1424479 1690476 1477353 1467063 7393157 1333786 1424479 1690476 1477353 1467063 7393157 56986872 58935358 62811262 65459219 64740754 308933465 0.97610 0.97620 0.02390 0.02380 X 0 0 0 0 0 0 1 24961 0 0 24961 0 0 1 X 3253175 261335 -873 296304 3217333 3902303 259386 17247 922712 3049 3253175 4004430 495336 143336 728717 12082 3902303 4532122 314657 107883 949272 960 4004430 5207507 180275 111030 965749 941 4532122 1.00000 0 0 7238034 7238034 145657434 86038540 59618894 62112 19225 42887 20108707 16794897 3313810 21403804 21403804 91617429 ACCRUED INCOME RECEIVABLE 163582 BENEFICIAL INTEREST IN TRUSTS 18257029 OTHER ASSETS 165913 INVESTMENT IN AFFILIATE-HCRC 7350836 ASSETS WHOSE USE IS LIMITED 2139287 DUE FROM AFFILIATE 764609 28841256 OTHER LIABILITIES 432147 432147 X 61873363 400584 -4379394 -3978810 65852173 779262 779262 66631435 65670246 0 65670246 779262 779262 66449508 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 ORGANIZATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS." THIS STANDARD PROVIDES DETAILED GUIDANCE FOR COMBINED FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ORGANIZATION'S COMBINED FINANCIAL STATEMENTS. IT REQUIRES AN ORGANIZATION TO RECOGNIZE THE COMBINED FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S COMBINED FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOW. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE CHANGE IN BENEFICIAL INTEREST IN TRUSTS -4,379,394. PART XI, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE 779,262. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE 779,262. 1 SAMARITAN PROGRAM/BENEVOLENT CARE 38 779262 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 423502 0 46753 0 4821 0 30500 0 11424 0 517000 0 0 0 KEVIN L SALMINEN CHIEF FINANCIAL OFFICER 178734 0 23406 0 60 0 15816 0 5504 0 223520 0 0 0 DANIEL C OETZEL CHIEF OPERATING OFFICER 240989 0 25354 0 1617 0 21108 0 5230 0 294298 0 0 0 EDWARD L WATKINS EXECUTIVE DIRECTOR 198349 0 20035 0 762 0 17959 0 5160 0 242265 0 0 0 GALE KNOX EXECUTIVE DIRECTOR 163804 0 20478 0 762 0 14843 0 5160 0 205047 0 0 0 RICHARD D BOTTONE VP OF MISSION IMPLEMENTATION 150145 0 16782 0 4953 0 13983 0 10232 0 196095 0 0 0 MARK COLLINS INFORMATION TECHNOLOGY MANAGER 111023 0 12112 0 9254 0 10578 0 11424 0 154391 0 0 0 A EDA OF HENRICO COUNTY VIRGINIA 541197472 42605QEB5 2012-08-09 31325144 REFINANCE SERIES 2002 BONDS 12/19/02,PART III DOES NOT NEED TO BE COMPLETED 0 0 0 B VIRGINIA SMALL BUSINESS FINANCING AUTHORITY 541300845 928103AJ9 2017-12-27 57785180 CONSTRUCTION AND RENOVATION 0 0 0 A 31325114 2867201 626503 27856935 1996 1 0 0 1 B 57785180 2497155 1022908 9697063 15111481 29456573 1 0 0 1 B 0 1 1 1 0 0.00500 0.00500 0 0 1 A 0 1 1 1 0 0 0 0 1 B 0 1 1 1 0 0 0 0 1 A 1 B 1 PART II, A, LINE 3 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS IS INVESTMENT EARNINGS PART IV, A, LINE 2C REPORT WAS COMPLETED JUNE 2018 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 ANNUALLY SIGN A SWORN DISCLOSURE STATEMENT. 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 -4,379,394. VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC 5101 COX ROAD SUITE 225 GLEN ALLEN VA 23060 300173798 LIFE PLAN COMMUNITY VA 501(C)(3) LINE 10 VIRGINIA UNITED METHODIST HOMES INC 1 HERMITAGE CAPITAL AND RESERVE CORPORATION 5101 COX ROAD SUITE 225 GLEN ALLEN VA 23060 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 0 0 VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC A 467648 ACTUAL VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC L 442395 ACTUAL COST VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC D 197952 ACTUAL INTEREST PAID VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG INC D 174718 75% OF ACTUAL DEBT BALANCE