2017-11-14T11:21:20-06:00 2016-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2016-01-01 540534405 VIRGINIA BAPTIST HOMES INC VIRG 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 JOSEPH KELLEY CFO 8045219206 2017-11-13 1 JOHN NORMAN P01506766 7049985200 2017-11-13 67.137.57.251 2017-11-13 18:48:07 ES P 6F636B89A86A9A682028BE6E9BC328246B976532 D9894B71B174D015E7FF14F2A2F852308B686A80 2016 2018-03-14 21:41:22Z LIFESPIRE OF VIRGINIA JONATHAN COOK 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 5880861 0 X WWW.LIFESPIRELIVING.ORG X 1946 VA OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS. 18 18 27 5 10256 -39744 273950 142457 5481015 5458224 286328 236670 52941 43510 6094234 5880861 569793 327617 0 0 2722304 2853383 0 0 538779 2803231 2763783 6095328 5944783 -1094 -63922 11832363 37288231 7663680 33274668 4168683 4013563 OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE, WHILE PROVIDING "DIGNITY IN LIVING" 0 0 3183577 327617 5458224 THE ORGANIZATION SUPPORTED THE CHARITABLE PURPOSE OF OUR SUBSIDIARIES BY PROVIDING MANAGEMENT, CONDUCTING SHORT AND LONG RANGE PLANNING, DEVELOPING BUDGETS AND PERFORMING OTHER SUPPORTIVE SERVICES AS NEEDED. 3183577 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 27 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X X JOSEPH KELLEY CFO 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 MR ROBERT L MUSICK JR CHAIR/TRUSTEE 1.00 X X 0 0 0 MR LEBRON J HOLDEN TRUSTEE 1.00 X 0 0 0 REV HERBERT O BROWNING TRUSTEE 1.00 X 0 0 0 REV C NELSON HARRIS TRUSTEE 1.00 X 0 0 0 MR CRAIG R HOPSON ESQ TRUSTEE 1.00 X 0 0 0 MR MICHAEL E KECK TRUSTEE 1.00 X 0 0 0 MR JOHN T KING TRUSTEE 1.00 X 0 0 0 MR ARNE W OWENS TRUSTEE 1.00 X 0 0 0 MRS SUSAN C RUCKER VICE CHAIR/TRUSTEE 1.00 X X 0 0 0 MR MICHAEL M SMITH TRUSTEE 1.00 X 0 0 0 MR NED STEPHENSON TRUSTEE 1.00 X 0 0 0 MR JOSEPH M TEEFEY TRUSTEE 1.00 X 0 0 0 MR WILLIAM F TRIMBLE JR TRUSTEE 1.00 X 0 0 0 MR CHARLES W TYSINGER TRUSTEE 1.00 X 0 0 0 MR OLIVER L WAY TRUSTEE 1.00 X 0 0 0 J ROBERT YEAMAN III ESQ TRUSTEE 1.00 X 0 0 0 MR SCOTT CAVE TRUSTEE 1.00 X 0 0 0 REV DAN CARLTON TRUSTEE 1.00 X 0 0 0 JONATHAN COOK PRESIDENT & CEO 40.00 X X 288042 0 10609 MICK FEAUTO COO 40.00 X X 192641 0 14583 JOSEPH KELLEY CFO 40.00 X X 170168 0 9117 JOHN P ROBINSON VP 40.00 X X 229882 0 8902 DAVID BROWNING ASST TREASURER 40.00 X X 99948 0 7656 MONICA HILLERY SECRETARY 40.00 X X 18635 0 5342 999316 0 56209 4 0 1 0 CONVERGENT TECHNOLOGIES GROUP LLC PO BOX 73682 NORTH CHESTERFIELD VA 23235 IT SERVICES 194985 MATRIXCARE AOD BIN 18 PO BOX 9201 MINNEAPOLIS MN 55480 IT SUPPORT 179524 CLIFTON LARSON ALLEN LLP 227 WEST TRADE STREET CHARLOTTE NC 28202 AUDIT/ ACTG SERVICES 153321 3 597 141860 142457 CORPORATE INCOME 561000 5458224 5458224 5458224 233357 10256 223101 3313 0 3313 3313 3313 FARM AND OTHER INCOME 900099 43510 43510 43510 5880861 5458224 10256 269924 X 327617 327617 1055525 1008027 47498 1333057 1333057 74439 40197 32753 1489 273666 147779 120413 5474 116696 63016 51346 2334 38314 38314 882161 385373 15369 481419 815 250 565 159426 159426 337482 337482 66233 66233 44475 44475 367254 367254 201720 201720 590745 590745 75158 47430 27728 5944783 3183577 2222427 538779 -42161817 -9476907 584377 541639 3552188 2420208 1232677 1131980 11103670 10589558 41073456 34501961 11832363 37288231 1202247 1161892 6110392 8043365 2349202 351041 21720209 7663680 33274668 X 188651 522084 569390 1000 3410642 3490479 4168683 4013563 11832363 37288231 -63922 -91198 0 X X 0 1 X 1 0 X X 5 CULPEPER BAPTIST RETIREMENT COMMUNITY INC 521368412 10 1 67933 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 521368408 10 1 130000 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC 521368410 10 1 0 0 THE GLEBE INC 541917966 10 1 128783 0 VIRGINIA BAPTIST HOMES FOUNDATION INC 521373103 10 1 0 481419 5 326716 481419 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 874311 568365 305946 874286 25 25406 25406 874311 864821 9465 13624 12696 928 874286 864821 864821 778646 150000 63825 864821 0.35000 0.65000 0 1 1 459010 459010 918974 684597 234377 1898039 1567665 330374 276165 167946 108219 1131980 INVESTMENTS 10589558 F 10589558 DUE FROM AFFILIATES 33806337 INTEREST RECEIVABLE 3 DEPOSITS AND OTHER 695621 34501961 DUE TO AFFILIATES 21720209 21720209 X PART V, LINE 4: THE ENDOWMENTS ARE HELD BY VIRGINIA BAPTIST HOMES FOUNDATION, INC. AND TO BE USED TOWARDS THE CONTINUATION OF RESIDENT SERVICES. PART X, LINE 2: THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE ORGANIZATION ADOPTED ACCOUNTING GUIDANCE REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. 1 CULPEPER BAPTIST RETIREMENT COMMUNITY INC 1242 S VILLAGE LOOP CULPEPER VA 22701 521368412 501 C 3 67933 OPERATIONAL SUPPORT NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 955 HARPERVILLE RD NEWPORT NEWS VA 23601 521368408 501 C 3 130000 OPERATIONAL SUPPORT THE GLEBE INC 200 THE GLEBE BLVD DALEVILLE VA 24083 541917966 501 C 3 128783 OPERATIONAL SUPPORT 3 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANT FUNDS SOLELY TO THE ORGANIZATIONS THAT IT SUPPORTS AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION. X X 0 0 0 1 1 1 1 1 0 JONATHAN COOK PRESIDENT & CEO 246513 0 39999 0 1530 0 5300 0 5309 0 298651 0 0 0 MICK FEAUTO COO 176721 0 11463 0 4457 0 9404 0 5179 0 207224 0 0 0 JOSEPH KELLEY CFO 146952 0 13431 0 9785 0 3846 0 5271 0 179285 0 0 0 JOHN P ROBINSON VP 154031 0 72270 0 3581 0 4389 0 4513 0 238784 0 0 0 PART I, LINE 5 EFFECTIVE IN 2016 THE BOARD OF TRUSTEES IMPLEMENTED AN INCENTIVE COMPENSATION PLAN BASE ON SEVERAL SPECIFIED FACTORS, ONE OF WHICH IS ADJUSTED NET OPERATING INCOME. PART I, LINE 6 A PORTION OF MR. JOHN P. ROBINSON'S COMPENSATION IS NON-FIXED AND IS BASED UPON THE AMOUNT OF NET ENTRY FEES COLLECTED FROM RESIDENTS. MR. ROBINSON IS THE ORGANIZATION'S VICE PRESIDENT OF MARKETING AND PUBLIC RELATIONS. PART I, LINE 7 SEE PART I, LINE 6 DESCRIPTION ABOVE. A EDA OF NEWPORT NEWS 65225PAM8 2016-10-01 91459243 TO REFUND 2006 TAX-EXEMPT BONDS AND SECURED DEBT 0 0 0 A 3649457 251296 56237 3341924 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 1 1 0 0 0 0 1 A 1 PART II, LINE 3 -- ALLOCATION OF TOTAL ISSUE PRICE THE BOND ISSUE IS PART OF THE LIFESPIRE OF VIRGINIA SERIES 2016 RESIDENTIAL CARE FACILITIES REVENUE REFUNDING BOND. THE DETAILS PROVIDED IN THIS SCHEDULE K REPRESENT THE AMOUNTS ALLOCATED TO THE FILING ORGANIZATION AS PART OF THE OVERALL LIFESPIRE OBLIGATED GROUP. OTHER ORGANIZATIONS IN THE LIFESPIRE OBLIGATED GROUP THAT BENEFIT FROM THE BOND ISSUE INCLUDE CULPEPER BAPTIST RETIREMENT COMMUNITY, LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY, AND NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY, ALL OF WHICH ARE EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THIS FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, AND CONTROLLER, IN CONSULTATION AS NECESSARY WITH THE ORGANIZATION'S AUDIT/ACCOUNTING FIRM & PREPARER. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND THE VIRGINIA BAPTIST HOMES, INC. COMPLIANCE OFFICER MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY, IN ACCORDANCE WITH THE VBH CORPORATE COMPLIANCE PROGRAM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES AFTER DELIBERATION, INCLUDING REVIEW OF THE "CHIEF EXECUTIVE OF MULTI-FACILITY ORGANIZATIONS COMPENSATION REPORT AND OTHER SENIOR LIVING INDUSTRY COMPARABILITY REPORTS. THIS PROCESS WAS MOST RECENTLY CONDUCTED IN 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND ASSOCIATED MATERIALS ARE MADE AVAILABLE AT, OR BY REQUEST TO, EITHER THE BUSINESS' LOCATION OR THE HEADQUARTERS OF VIRGINIA BAPTIST HOMES, INC. THE FORM 990 MAY ALSO BE VIEWED ON CERTAIN THIRD PARTY WEB SITES. FORM 990, PART IX, LINE 11G FARM EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,369. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,369. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 385,373. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 385,373. CONTRACTED DEVELOPMENT COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 481,419. TOTAL EXPENSES 481,419. FORM 990, PART X11, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CULPEPER BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368412 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368408 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368410 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 THE GLEBE INC PO BOX 191 CULPEPER VA 22701 541917966 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 VIRGINIA BAPTIST HOMES FOUNDATION INC PO BOX 191 CULPEPER VA 22701 521373103 FUND RAISING AND DEVELOPMENT VA 501(C)(3) LINE 12A, I N/A 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 CULPEPER BAPTIST RETIREMENT COMM INC B 67933 OFFICER APPROVAL NEWPORT NEWS BAPTIST RETIREMENT COMM INC B 130000 OFFICER APPROVAL THE GLEBE INC B 128783 INTERCOMPANY TRANSFER VIRGINIA BAPTIST HOMES FOUNDATION N 481419 INTERCOMPANY TRANSFER CULPEPER BAPTIST RETIREMENT COMM INC Q 359986 INTERCOMPANY TRANSFER NEWPORT NEWS BAPTIST RETIREMENT COMM INC Q 741066 INTERCOMPANY TRANSFER LAKEWOOD MANOR BAPTIST COMM INC Q 2386960 INTERCOMPANY TRANSFER THE GLEBE INC Q 2130059 INTERCOMPANY TRANSFER