2015-11-09T13:51:42-06:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2014-01-01 561497371 WELL-SPRING RETIREMENT COMMUNITY INC WELL 3365455418 4100 WELL SPRING DRIVE GREENSBORO NC 27410 K ALAN TUTTEROW TREASURER 3365455418 2015-11-05 1 JOHN NORMAN P01506766 7049985200 2014 2016-03-07 17:11:31Z K ALAN TUTTEROW 4100 WELL SPRING DRIVE GREENSBORO NC 27410 25366221 0 X WWW.WELL-SPRING.ORG X 1987 NC TO PROVIDE RETIREMENT LIVING SERVICES. 17 17 604 72 0 0 172454 131018 22376190 23997900 495084 1153275 6060 3265 23049788 25285458 468715 596335 0 0 11538696 12100999 2069 7419 12681 9188982 9960461 21198462 22665214 1851326 2620244 65325998 67136369 53812925 52672685 11513073 14463684 X WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.WE ARE COMMITTED TO: - THE CONTINUING PHYSICAL, MENTAL AND SPIRITUAL CARE AND WELL-BEING OF OUR CLIENTS.- DEVELOPING, OBTAINING AND RETAINING EFFECTIVE AND EFFICIENT MANAGEMENT AND EMPLOYEES.- PROVIDING UNSURPASSED CUSTOMER SERVICE AND VALUE.- BEING FISCALLY RESPONSIBLE AND KNOWLEDGEABLE OF INDUSTRY BEST PRACTICES.- INTEGRITY, ETHICAL CONDUCT, AND OPEN AND HONEST COMMUNICATIONS.- WELCOMING, ENCOURAGING AND HONORING DIVERSITY.- BEING GOOD CITIZENS, COMMUNITY LEADERS AND ADVOCATES FOR THE NEEDS OF OLDER ADULTS. 0 0 20310911 596335 23997900 WELL-SPRING RETIREMENT COMMUNITY, INC ("WELL-SPRING"), A NORTH CAROLINA NONPROFIT CORPORATION, WAS ORGANIZED FOR THE PURPOSE OF OPERATING A CONTINUING CARE RETIREMENT COMMUNITY. WELL-SPRING IS GOVERNED BY A BOARD OF TRUSTEES COMPOSED OF CIVIC LEADERS, CURRENTLY CONSISTING OF 17 INDIVIDUALS, WHO SERVE WITHOUT COMPENSATION FOR STAGGERED THREE-YEAR TERMS. A MULTI-DENOMINATIONAL GROUP OF CHURCHES IN GREENSBORO, NORTH CAROLINA INITIALLY SPONSOR AND PROVIDE LEADERSHIP TO WELL-SPRING. REV. RUL. 72-124, 1972-1 C.B. 145, SETS OUT REQUIREMENTS THAT "HOME FOR THE AGED" MUST MEET TO QUALIFY FOR SECTION 501(C) 3 EXEMPTION. THE INTERNAL REVENUE SERVICE PROVIDED THE FOLLOWING REQUIREMENTS: (1) SATISFACTION OF THE NEED FOR HOUSING THROUGH THE PROVISION OF EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS AND SIMILAR NEEDS OF AGED. 20310911 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 1 1 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 1 0 0 0 1 77 0 1 604 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X K ALAN TUTTEROW 3365455418 4100 WELL SPRING DRIVE GREENSBORO NC 27410 SALLY B CONE CHAIR 4.00 X X 0 0 0 DAVID R HOWARD VICE-CHAIR 1.00 X X 0 0 0 KATHRYN BILLINGS BOARD MEMBER 1.00 X 0 0 0 KENNETH K BOGGS BOARD MEMBER 1.00 X 0 0 0 HOWARD A CHUBBS BOARD MEMBER 1.00 X 0 0 0 SHARON C DANIEL BOARD MEMBER 1.00 X 0 0 0 MITZI ELLIS BOARD MEMBER 1.00 X 0 0 0 WILLIAM LATTURE BOARD MEMBER 1.00 X 0 0 0 PAUL H LIVINGSTON JR BOARD MEMBER 1.00 X 0 0 0 SUSAN L MCDONALD BOARD MEMBER 1.00 X 0 0 0 LLOYD J PETERSON BOARD MEMBER 1.00 X 0 0 0 MARVIN J PINSON JR BOARD MEMBER 1.00 X 0 0 0 MACARTHUR SIMS BOARD MEMBER 1.00 X 0 0 0 CHARLES L WEILL JR BOARD MEMBER 1.00 X 0 0 0 DAVID M WORTH BOARD MEMBER 1.00 X 0 0 0 THOMAS E WRIGHT BOARD MEMBER 1.00 X 0 0 0 ANN ZURAW BOARD MEMBER 1.00 X 0 0 0 BARBARA W ADAMS ASSISTANT SECRETARY 40.00 X X 84228 0 8051 STEPHEN P FLEMING PRESIDENT/CEO 40.00 X 252997 0 25495 K ALAN TUTTEROW SECRETARY/TREASURER/CFO 40.00 X 176023 0 23114 GEORGE GALVIN DIRECTOR OF DINING SERVICES 40.00 X 121168 0 15031 MISTI BYLER DIRECTOR OF HEALTHCARE 40.00 X 112044 0 8593 DON GWYNN CONTROLLER 40.00 X 104524 0 20696 850984 0 100980 5 0 1 0 US FOODSERVICE INC PO BOX 602292 CHARLOTTE NC 282602292 FOOD 1074065 CNE HOME IMPROVEMENT PO BOX 2632 KING NC 27021 CONSTRUCTION 592267 PLUMBUILT INC 9 GREAT CASTLE COURT GREENSBORO NC 27455 CONSTRUCTION 493809 STERLING BUILDING GROUP 3224 N OHENRY BLVD GREENSBORO NC 27405 CONSTRUCTION 360891 RP MURRAY INC PO BOX 1103 KERNERSVILLE NC 27284 CONSTRUCTION 294800 14 112691 18327 18327 131018 RESIDENT FEES 623990 21547576 21547576 HEALTH CARE SERVICES 623990 2037350 2037350 412974 412974 23997900 399029 399029 84028 80763 3265 3265 3265 646974 107272 0 0 646974 107272 754246 754246 25285458 23997900 0 1156540 596335 596335 513247 513247 9450068 8357854 1092214 236690 198550 38140 923368 773584 149784 977626 820094 157532 54032 54032 87835 87835 2100 2100 7419 7419 932108 926846 5262 322050 75312 246738 671629 671629 1042804 1042804 25350 25350 31625 31625 557880 557880 3534161 3534161 188706 188706 FOOD 1201562 1201562 EQUIP. RENTAL & MAINT. 991323 991323 MAINT. & HORTICULTURE 146925 146925 RESIDENT ACTIVITIES 126402 126402 43969 43969 22665214 20310911 2341622 12681 1646514 3015463 4596125 1258998 1533524 980552 38172 41749 133652 140935 75887291 38366004 37506012 37521287 18169482 15330822 1702517 8846563 65325998 67136369 2201432 4093826 32831992 33045539 17280000 13915000 1499501 1618320 53812925 52672685 X 11270236 14293321 242837 170363 11513073 14463684 65325998 67136369 X 2620244 -447972 778339 X X 0 1 X 1 0 X 65470 253685 118836 111846 131018 680855 20470203 21126598 20960680 22436798 23997900 108992179 20535673 21380283 21079516 22548644 24128918 109673034 818129 1077960 762200 677305 911674 4247268 496077 1194898 993928 580637 458536 3724076 1314206 2272858 1756128 1257942 1370210 7971344 101701690 715696 132202 554408 501144 1130031 3033481 715696 132202 554408 501144 1130031 3033481 87124 97325 184449 21338493 21609810 21633924 23049788 25258949 112890964 0.90090 0.90310 0.02690 0.02420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2100 2100 0 PART II-B, LINE 1: A PORTION OF THE ORGANIZATION'S ASSOCIATION DUES ARE ATTRIBUTABLE TO LOBBYING. 602097 25055 627152 3344488 3344488 45160713 23520292 21640421 20412179 9898310 10513869 6069107 4383032 1686075 900804 564370 336434 37521287 INVESTMENTS 15330822 F 15330822 DEFERRED FINANCING COSTS 105811 REFUNDABLE ENTRANCE FEES 992426 ADMISSIONS DEPOSITS 282066 REFUNDABLE ENTRANCE FEES 51579 OTHER ASSETS 276124 TRUSTEE HELD FUNDS 3375615 STATUTORY OPERATING RESERVE 5021940 CURRENT PORTION -1258998 8846563 REFUNDABLE FEES 1282426 INTERCOMPANY 53828 REFUNDABLE RESERVATION FEE 282066 1618320 X 24848605 -447972 118810 -329162 25177767 107691 107691 25285458 22745978 80763 80763 22665215 0 22665215 PART X, LINE 2: THE COMMUNITY IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE COMMUNITY FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD ANY STATUS BE CHALLENGED IN THE FUTURE, THE COMMUNITY IS OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF THE COMMUNITY. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE COMMUNITY. THE COMMUNITY HAS ADOPTED GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE COMMUNITY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS FOR USE IN OPERATIONS 38,047. RENTAL EXPENSE 80,763. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION FROM RELATED ORGANIZATION 107,691. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN REVENUES 80,763. 1 ADULT CENTER FOR ENRICHMENT INC 4100 WELL SPRING DR GREENSBORO NC 27410 561599072 501 (C) (3) 200000 OPERATING SUPPORT AMERICAN HEART ASSOCIATION 101 CENTREPORT DR STE 130 GREENSBORO NC 27409 135613797 501 (C) (3) 5000 OPERATING SUPPORT APPALACHAIN STATE UNIVERSITY 231 PLEMMONS STUDENT UNION BOONE NC 28608 561176030 501 (C) (3) 6545 OPERATING SUPPORT CAROLINA THEATRE 310 S GREENE ST GREENSBORO NC 27401 560746180 501 (C) (3) 5500 OPERATING SUPPORT EASTERN MUSIC FESTIVAL 200 N DAVIE ST STE 303 GREENSBORO NC 27401 560771005 501 (C) (3) 5000 OPERATING SUPPORT HOSPICE & PALLATIVE CARE OF GREENSBORO 2500 SUMMIT AVENUE GREENSBORO NC 27405 561249146 501 (C) (3) 5050 OPERATING SUPPORT NC PACE ASSOCIATION 2401 WESTON PARKWAY SUITE 103-B CARY NC 27513 462506820 501 (C) (3) 5000 OPERATING SUPPORT PACE OF GUILFORD & ROCKINGHAM COUNTIES 1471 E CONE BLVS GREENSBORO NC 27405 271560334 501 (C) (3) 110241 FMV MEALS PROVIDED HEALTHCARE MANAGEMENT SCHOLARSHIP & OPERATING SUPPORT SANCTUARY HOUSE 518 N ELM ST GREENSBORO NC 27401 562257832 501 (C) (3) 5675 OPERATING SUPPORT TRIAD STAGE 232 S ELM ST GREENSBORO NC 27401 621743981 501 (C) (3) 13600 OPERATING SUPPORT UNCG PO BOX 26170 GREENSBORO NC 27402 566001468 501 (C) (3) 28690 OPERATING SUPPORT UNITED WAY OF GREATER GREENSBORO 1500 YANCEYVILLE STREET GREENSBORO NC 27405 560668555 501 (C) (3) 7000 OPERATING SUPPORT GREENSBORO SYMPHONY GUILD PO BOX 10408 GREENSBORO NC 27404 581461256 501 (C) (3) 5000 OPERATING SUPPORT GREENSBORO SYMPHONY ORCHESTRA 200 N DAVIE ST GREENSBORO NC 27401 566063111 501 (C) (3) 5000 OPERATING SUPPORT HABITAT FOR HUMANITY 617 N ELM ST GREENSBORO NC 27401 561586870 501 (C) (3) 5000 OPERATING SUPPORT COMMUNITY HOUSING SOLUTIONS 823 N ELM ST GREENSBORO NC 27401 200458814 501 (C) (3) 5300 OPERATING SUPPORT 16 0 PART I, LINE 2: WELL-SPRING RETIREMENT COMMUNITY RECEIVES PERIODIC REPORTS FOR THE ORGANIZATION TO WHOM FUNDS WERE DONATED TO ESTABLISH SCHOLARSHIPS. X X X X 0 0 0 0 0 0 0 0 0 STEPHEN P FLEMING PRESIDENT/CEO 227122 0 20900 0 4975 0 7506 0 17989 0 278492 0 0 0 K ALAN TUTTEROW SECRETARY/TREASURER/CFO 153270 0 11701 0 11052 0 5317 0 17797 0 199137 0 0 0 A HEALTH CARE FACILITIES FIRST MORTGAGE REVENUE REFUNDING BONDS SERIES 2003C 521309402 NONEAVAIL 2010-11-10 7065000 TO REFUND THE 2003C BONDS 0 0 0 B NC MEDICAL CARE COMMISSION (SERIES 2003ABC) 521309402 657902M58 2003-12-23 27450000 PARTIAL REFUNDING OF 1997 BONDS 1 0 0 A 2865000 4200000 1998 1 0 1 1 B 20615000 6835000 47950 548752 22700 26866166 1998 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE FILING OF THE INFORMATION TAX RETURN 990 FOR WELL-SPRING RETIREMENT COMMUNITY, THE FORM 990 WAS REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. EACH MEMBER OF THE WELL-SPRING RETIREMENT COMMUNITY'S BOARD OF TRUSTEES WAS PROVIDED WITH A COPY OF WELL-SPRING RETIREMENT COMMUNITY'S FORM 990 PRIOR TO FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES SHALL COMPLETE AND RETURN TO THE SECRETARY AN ANNUAL STATEMENT THAT EACH OF THEM: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) AGREES TO COMPLY WITH THIS POLICY; (D) UNDERSTANDS THAT THE POLICY APPLIES TO ALL COMMITTEES; AND (E) UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND MUST CONTINUOUSLY ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO COMPENSATION: IT SHALL BE THE POLICY OF WELL-SPRING RETIREMENT COMMUNITY TO ANNUALLY REVIEW THE PERFORMANCE OF THE PRESIDENT AND CEO UNLESS CIRCUMSTANCES DEMAND MORE FREQUENT REVIEW INTERVALS. THE PRESIDENT/CEO'S REVIEW SHALL BE CONDUCTED BY THE BOARD OF TRUSTEES; HOWEVER THE BOARD OF TRUSTEES MAY DELEGATE THIS FUNCTION TO ITS COMPENSATION COMMITTEE. PROCEDURES FOR SETTING COMPENSATION: 1. A BOARD OF TRUSTEES COMPENSATION COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE BOARD CHAIR. THE COMMITTEE SHALL BE COMPRISED OF THE CURRENT CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT (IF ANY) AND 1-2 TRUSTEES AT LARGE. 2. THE COMMITTEE SHALL MEET APPROXIMATELY THIRTY DAYS PRIOR TO THE END OF THE WELL-SPRING RETIREMENT COMMUNITY'S FISCAL YEAR. 3. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE COMPARABLE SALARY AND BENEFIT DATA THROUGH EXTERNAL SOURCES SUCH AS: THE AAHSA SALARY AND BENEFIT REPORT, NCANPHA WAGE SURVEY, PUBLIC RECORD IRS FORM 990S, AND INDEPENDENT SURVEYS. 4. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE A STATEMENT OF ACHIEVEMENTS COMPARED TO GOALS FOR THE CURRENT YEAR AND A PRELIMINARY LIST OF PERFORMANCE GOALS FOR THE SUCCEEDING YEAR. 5. AT THE MEETING, THE PRESIDENT/CEO SHALL INFORM THE COMMITTEE OF PROPOSED SALARY ADJUSTMENTS FOR SENIOR MANAGEMENT FOR THE SUCCEEDING YEAR. THE PRESIDENT/CEO MAY PRESENT COMPARABLE SALARY DATA FOR SENIOR MANAGEMENT AT THE COMMITTEE'S DISCRETION. 6. AT THE MEETING AND AFTER PRESENTING YEAR-END RESULTS AND SUCCEEDING YEAR GOALS, THE COMMITTEE MAY EXCUSE THE PRESIDENT/CEO, ENTER INTO EXECUTIVE SESSION AND DISCUS THE PRESIDENT/CEO'S PERFORMANCE AND COMPENSATION. 7. AT THE CONCLUSION OF THE MEETING, THE BOARD OF TRUSTEES' CHAIR SHALL MEET WITH THE PRESIDENT/CEO IN ORDER TO REVIEW THE COMMITTEE'S ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT/CEO'S COMPENSATION SHALL BE AUTHORIZED BY SIGNATURE OF THE BOARD CHAIR OR VICE CHAIR ONLY. 8. AT THE FIRST BOARD OF TRUSTEES' MEETING FOLLOWING THE COMPENSATION COMMITTEE'S MEETING, THE BOARD OF TRUSTEES' CHAIR SHALL REPORT THE COMMITTEE'S FINDINGS AND THE COMMITTEE'S ACTIONS REGARDING EMPLOYMENT STATUS, RECOMMENDATIONS AND SALARY OR BENEFIT ADJUSTMENTS FOR THE PRESIDENT/CEO. EXECUTIVE MANAGERS COMPENSATION PHILOSOPHY OBJECTIVE: THE COMPENSATION COMMITTEE BELIEVES THAT THE PRIMARY OBJECTIVES OF WELL-SPRING'S EXECUTIVE COMPENSATION POLICIES SHOULD BE: - TO ATTRACT AND RETAIN TALENTED EXECUTIVES BY PROVIDING COMPENSATION THAT IS, OVERALL, HIGHLY COMPETITIVE WITH THE COMPENSATION PROVIDED TO EXECUTIVES AT COMPANIES OF COMPARABLE POSITION IN THE CONTINUING CARE RETIREMENT COMMUNITY FIELD, WHILE MAINTAINING COMPENSATION WITHIN LEVELS THAT ARE CONSISTENT WITH WELL-SPRING'S ANNUAL BUDGET, FINANCIAL OBJECTIVES, OPERATING PERFORMANCE AND RESIDENT AND STAFF SATISFACTION; AND - TO PROVIDE APPROPRIATE INCENTIVES FOR EXECUTIVES TO WORK TOWARD THE ACHIEVEMENT OF WELL-SPRING'S ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON WELL-SPRING'S ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION WELL-SPRING'S FINANCIAL PERFORMANCE, ITS ANNUAL BUDGET, ITS POSITION IN THE INDUSTRY AND WELL-SPRING'S MISSION STATEMENT AND CORE VALUES. THE COMPENSATION COMMITTEE BELIEVES THAT IN ADDITION TO CORPORATE PERFORMANCE, IT IS APPROPRIATE IN SETTING AND REVIEWING EXECUTIVE COMPENSATION TO CONSIDER THE LEVEL OF EXPERIENCE AND RESPONSIBILITIES OF EACH EXECUTIVE OFFICER AS WELL AS THE PERSONAL CONTRIBUTIONS A PARTICULAR INDIVIDUAL MAY MAKE TO THE SUCCESS OF WELL-SPRING RETIREMENT COMMUNITY, INC. FORM 990, PART VI, SECTION C, LINE 19 WELL-SPRING RETIREMENT COMMUNITY'S FINANCIAL STATEMENTS ARE CONSOLIDATED WITH THOSE OF WELL-SPRING FOUNDATION. INCLUDED WITH THE AUDITED FINANCIAL STATEMENTS ARE SCHEDULES WHICH SHOW STAND ALONE FIGURES FOR BOTH WELL-SPRING FOUNDATION AND WELL-SPRING RETIREMENT COMMUNITY. THE CONSOLIDATED FINANCIAL STATEMENTS ARE PART OF WELL-SPRING'S ANNUAL DISCLOSURE STATEMENT WHICH IS FILED WITH THE NC DEPARTMENT OF INSURANCE. THE NC DEPARTMENT OF INSURANCE POST ALL DISCLOSURE STATEMENTS ON THEIR WEB SITE. THE CONSOLIDATED FINANCIAL STATEMENTS ARE FILED ANNUALLY WITH THE SEC VIA EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS). ADDITIONALLY, COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS FROM FOUNDATION TO WELL-SPRING 1,335,113. TRANSFER OF NET ASSETS FROM WELL-SPRING TO SERVICES -600,000. TEMPORARILY RESTRICTED CONTRIBUTIONS 43,226. FORM 990, PART XII, 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. FORM 990, PART VII, LINE 1A, COLUMN (B): AVERAGE HOURS PER WEEK LISTED IN COLUMN (B) INCLUDE HOURS UTILIZED TOWARDS BOTH THE FILING ORGANIZATION AND RELATED ORGANIZATIONS. WELL-SPRING FOUNDATION 4100 WELL SPRING DRIVE GREENSBORO NC 27410 562217797 FUNDRAISING NC 501(C)(3) LINE 11A, I N/A 0 PACE OF GUILFORD & ROCKINGHAM COUNTIES INC 721 GREEN VALLEY ROAD GREENSBORO NC 27408 271560334 ALL INCLUSIVE ELDERLY CARE NC 501(C)(3) LINE 9 N/A 0 PACE OF SOUTHERN PIEDMONT INC 6133 THE PLAZA CHARLOTTE NC 28215 274683614 ALL INCLUSIVE ELDERLY CARE NC 501(C)(3) LINE 9 N/A 0 WELL SPRING SERVICES INC 4100 WELL SPRING DRIVE GREENSBORO NC 27410 900885759 HOLDING COMPANY NC 501(C)(3) LINE 11A, I N/A 0 ADULT CENTER FOR ENRICHMENT INC POST OFFICE BOX 13408 GREENSBORO NC 27415 561599072 ADULT CARE CENTER NC 501(C)(3) LINE 9 N/A 0 WELL-SPRING MANAGEMENT & DEVELOPMENT COMPANY INC 4100 WELL SPRING DR GREENSBORO NC 27410 460944965 MANAGEMENT SERVICES NC C 1.00000 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 WELL SPRING FOUNDATION S 1335114 CASH TRANSACTION WELL SPRING FOUNDATION C 107691 CASH TRANSACTION ADULT CENTER FOR ENRICHMENT INC O 89477 CASH TRANSACTION ADULT CENTER FOR ENRICHMENT INC B 200000 CASH TRANSACTION WELL SPRING SERVICES R 600000 CASH TRANSACTION