2012-08-15T12:38:48-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2011-01-01 521266582 WESTMINSTER CANTERBURY OF WINCHESTER INC WEST 5406650156 300 WESTMINSTER CANTERBURY DRIVE WINCHESTER VA 22603 GLORIA J SHILEY 5406650156 2012-08-15 1 GREGORY W JOHNS P00535091 7049985200 2011 2016-02-24 21:20:13Z SHENANDOAH VALLEY WESTMINSTER-CANTER GLORIA J SHILEY 300 WESTMINSTER CANTERBURY DRIVE WINCHESTER VA 22603 27034653 0 X WWW.SVWC.ORG X 1982 VA ENABLING RESIDENTS TO USE THEIR GIFTS FULLY, LIVE LIVES RICHLY, & ENJOY THE YEARS GOD HAS GIVEN. 18 18 365 100 426 0 365430 208075 20228543 21586120 2714483 5231168 9225 2426 23317681 27027789 183918 132401 0 0 9334476 9596448 0 0 131114 10483946 10800084 20002340 20528933 3315341 6498856 106782833 105510836 96735530 93168545 10047303 12342291 X WESTMINSTER CANTERBURY OF WINCHESTER, INC. ("SVWC") IS A NOT-FOR-PROFIT, INTIMATE, CHURCH RELATED CONTINUING CARE RETIREMENT COMMUNITY THAT IS COMMITTED TO ENABLING RESIDENTS TO USE THEIR GIFTS FULLY, LIVE THEIR LIVES RICHLY, AND ENJOY WITH DIGNITY THE YEARS GOD HAS GIVEN THEM. 0 0 17788758 132401 21586120 BEYOND PROVIDING ACCOMMODATIONS, SERVICES AND POTENTIAL FINANCIAL ASSISTANCE TO ELDERS, SHENANDOAH VALLEY WESTMINSTER-CANTERBURY ("SVWC") IS A RESPONSIBLE COMMUNITY MEMBER, PROVIDING MEETING SPACE FOR LOCAL NON-PROFITS AND CIVIC ORGANIZATIONS AND HOSTING COMMUNITY EVENTS SUCH AS THE ANNUAL APPLE BLOSSOM FESTIVAL EACH SPRING. SVWC WAS ALSO PLEASED TO PARTNER WITH MANY DIFFERENT NATIONAL ORGANIZATIONS SUCH AS THE ALZHEIMER'S ASSOCIATION, ARTHRITIS FOUNDATION, WVPT PUBLIC TELEVISION, AND AMERICAN CANCER SOCIETY TO SPONSOR MANY DIFFERENT LOCAL EVENTS. IN ADDITION, SVWC SUPPORTED MANY LOCAL ORGANIZATIONS AND EVENTS SUCH AS THE GARDEN CLUB OF VIRGINIA, TEENS OPPOSING POVERTY, FIRST NIGHT WINCHESTER AND THE WINCHESTER ORCHESTRA. MOREOVER, SVWC DONATES MEDICAL SUPPLIES TO THE LOCAL FREE MEDICAL CLINIC, BUILDING SUPPLIES TO HABITAT FOR HUMANITY AND MEALS AND DRIVER TIME TO THE SHENANDOAH AREA ON AGING MEALS ON WHEELS PROGRAM. 17788758 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 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 0 0 0 0 0 1 58 0 365 1 1 1 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X DUANE WERNECKE 5406655917 300 WESTMINSTER-CANTERBURY DRIVE WINCHESTER VA 22603 KAREN SCHULTZ PHD 1.00 X 0 0 0 MRS BARBARA G LAIDLAW 1.00 X 0 0 0 MR GLENN BURDICK ED D 1.00 X 0 0 0 MR WILLIAM H LAWRENCE III 1.00 X 0 0 0 REV RICHARD W REIFSNYDER 1.00 X 0 0 0 MR RICHARD A FARLAND 1.00 X 0 0 0 DENNIS MCLOUGHLIN ESQ 1.00 X 0 0 0 MR JOHN S SCULLY IV 1.00 X X 0 0 0 MRS THERESA A CLUSS 1.00 X 0 0 0 REV WEBSTER GIBSON 1.00 X 0 0 0 MRS ELAINE BRANDT 1.00 X 0 0 0 KATHRYN GANSKE PHD 1.00 X 0 0 0 MR JOSEPH KALBACH 1.00 X 0 0 0 MR TERRY L SINCLAIR MD 1.00 X X 0 0 0 MR STEPHEN PETTIT CPA 1.00 X X 0 0 0 MRS SARA STERN 1.00 X 0 0 0 MR SCOTT ARTHUR 1.00 X 0 0 0 MR ROGER ZEBARTH 1.00 X 0 0 0 GLORIA SHILEY 40.00 X 178856 0 28631 KIRBY NICKERSON 40.00 X 124132 0 25033 JOHN FERRULLI 40.00 X 106392 0 23203 CATHERINE FARMER 40.00 X 102208 0 19591 MICHELLE HARRIS 40.00 X 103619 0 17623 615207 0 114081 5 0 1 0 SODEXHO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES CONTRACTOR 1381473 HSI ASSOCIATES LLC 3031 VALLEY AVE STE 102 WINCHESTER VA 22601 INTERIOR DESIGN 949332 SHENANDOAH VALLEY ELECTRIC PO BOX 79647 BALTIMORE MD 21279 ELECTRICITY 485209 PIFER CONSTRUCTION 1822 ROBERTS STREET WINCHESTER VA 22601 CONSTRUCTION SERVICES 272486 ARAMARK PO BOX 33170 NEWARK NJ 07188 ENVIRONMENTAL SERVICES CONTRACTOR 271719 14 208075 208075 RESIDENT SERVICES 623000 9648098 9648098 AMORTIZED FEES 623000 6406213 6406213 ASSISTED LIVING REVENU 623000 2567374 2567374 HEALTH CARE SERVICES 623000 2256324 2256324 708111 708111 21586120 1352098 1352098 7290 6864 426 426 426 3879070 0 3879070 3879070 3879070 GAIN ON ASSET DISPOSAL 900099 2000 2000 2000 27027789 21586120 426 5233168 132401 132401 356652 356652 7436991 6264368 1113116 59507 259167 259167 1056576 941513 110969 4094 487062 409617 73154 4291 129189 129189 59440 59440 274150 241771 32379 233616 233616 386126 260897 124707 522 1441537 1192218 239681 9638 37410 15703 20810 897 153068 130664 20631 1773 1924095 1924095 3970324 3970324 5478 5478 FOOD 997633 997633 EQUIP. RENTAL, R&M 739126 553823 185303 LAUNDRY EXPENSE 92385 92385 DUES/MEMBERSHIPS 36314 12471 23843 320193 157556 112245 50392 20528933 17788758 2609061 131114 1378962 1093169 124352 122732 981556 2055913 3841 2127 637746 661814 89954789 32031773 58451248 57923016 37674193 36700940 7530935 6951125 106782833 105510836 1870549 2080414 45470901 43156903 46690804 45189241 2703276 2741987 96735530 93168545 X 6065581 8243955 3954822 4066436 26900 31900 10047303 12342291 106782833 105510836 X 6498856 -4203868 X X 0 1 1 X 0 X 888616 256182 287023 365430 208075 2005326 14902856 17607605 20279814 20228543 21586120 94604938 15791472 17863787 20566837 20593973 21794195 96610264 0 0 0 96610264 1200871 1149061 1297719 2723123 1359388 7730162 1200871 1149061 1297719 2723123 1359388 7730162 1552 2782 1097 426 5857 -64489 -1495 7014 2000 -56970 16992343 18949911 21865843 23325207 23156009 104289313 0.92640 0.91510 0.07410 0.07530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26900 5000 31900 26900 26900 26900 26900 26900 26900 1.00000 0 0 304994 304994 80001627 26416035 53585592 8065084 4993819 3071265 1583084 621919 961165 57923016 INVESTMENTS 36700940 F 36700940 RESIDENT DEPOSITS 483400 DEFERRED COSTS 1571261 RESTRICTED CASH 31900 DEBT SERVICE 4864564 6951125 RESIDENT DEPOSITS 483400 REFUNDABLE ADVANCE ADMISSION DEPOSI 2258587 2741987 27027789 20528933 6498856 -4203868 -4203868 2294988 22714171 -3835742 195428 -3640314 26354485 673304 673304 27027789 20535797 6864 6864 20528933 0 20528933 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENHANCE THE LIFE OF THE RESIDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THIS STATUS BE CHALLENGED IN THE FUTURE, THE 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE CORPORATION IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE CORPORATION ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE CORPORATIONS FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 165,397. NET ASSETS RELEASED FROM RESTRICTION (PPE) 30,031. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED INVESTMENT INCOME 472,093. RESTRICTED CONTRIBUTIONS 208,075. EXPENSES RELATED TO UNRELATED BUSINESS INCOME -6,864. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO UNRELATED BUSINESS INCOME 6,864. 1 FELLOWSHIP FUND ASSISTANCE 6 132401 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL ASSISTANCE IS GIVEN TO THOSE RESIDENTS WHO ARE NOT ABLE TO AFFORD TO PAY THE TOTAL MONTHLY MAINTENANCE FEE; RESIDENT FINANCIAL UPDATES ARE PERIODICALLY REQUESTED. X X 0 0 0 0 0 0 0 0 0 GLORIA SHILEY 163222 0 0 0 15634 0 17991 0 10640 0 207487 0 0 0 SERIES 2005A - FIXED 521232253 000973130 2005-06-09 39085000 EXPAND RESIDENTIAL AND HEALTH CARE FACILITIES AND REFUND 1998 BONDS. 0 0 0 SERIES 2005B - VARIABLE 521232253 000973130 2005-06-09 26665000 EXPAND RESIDENTIAL AND HEALTH CARE FACILITIES AND REFUND 1998 BONDS. 0 0 0 39085000 2714555 724029 22386492 2007 1 0 1 1 26665000 500000 724028 14924328 2007 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 1 WACHOVIA (FIRST UNION) AIG 0 0 0 0 1 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING. THE CFO ADDRESSES THE BOARD'S QUESTIONS REGARDING FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED BY THE MEMBERS ANNUALLY. IF A CONFLICT IS FOUND TO EXIST, THE AFFECTED BOARD MEMBER IS ASKED TO ABSTAIN FROM SERVING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL SENIOR MANAGEMENT IS REVIEWED TO INDUSTRY STANDARDS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,203,868. 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.