2011-11-07T07:15:39-06:00 2010-12-31 LARSONALLEN LLP 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2010-01-01 541917966 THE GLEBE INC GLEB 5408251569 PO BOX 191 CULPEPER VA 22701 KENT M PHILIPS 5408251569 2011-11-01 1 7049985200 2010 2016-03-07 17:11:31Z RANDALL ROBINSON PO BOX 191 CULPEPER VA 22701 9340870 0 X WWW.VBH.ORG X 1998 VA TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY. 18 18 281 160 0 0 59582 425 8940322 9335178 19605 5267 0 0 9019509 9340870 3680 5262 0 0 4260412 3931560 0 0 0 8823979 10648810 13088071 14585632 -4068562 -5244762 60025472 54099700 82239081 82112071 -22213609 -28012371 TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE. 0 0 11751670 5262 9335178 WE WERE ABLE TO PROVIDE BOTH RESIDENTIAL AND HEALTH CARE SERVICES TO OUR RESIDENTS, SOME OF WHOM ARE UNABLE TO COVER THE FULL COST OF THEIR CARE. WE PROVIDED $5,262 IN SUBSIDIES, PERTAINING TO 3 RESIDENTS, DURING 2010. 11751670 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 38 0 281 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X X KENT M PHILLIPS CFO 5408251569 PO BOX 191 CULPEPER VA 22701 DR JAMES E BAUCOM 1.00 X 0 0 0 DR HERBERT O BROWNING JR 1.00 X 0 0 0 REV LAWRENCE A DAVIES 1.00 X 0 0 0 REV C NELSON HARRIS 1.00 X 0 0 0 MR C LEE HILBERT 1.00 X 0 0 0 MR LEBRON J HOLDEN 1.00 X 0 0 0 REV CAROL JOHNSTON 1.00 X 0 0 0 MR L RALPH JONES JR 1.00 X 0 0 0 MR MICHAEL E KECK 1.00 X 0 0 0 MR JOHN T KING 1.00 X 0 0 0 MR MAURICE C LAW 1.00 X 0 0 0 MR CARL A LODEN 1.00 X 0 0 0 MR CURTIS BROOKING 1.00 X 0 0 0 MR ROBERT L MUSICK JR 1.00 X 0 0 0 MR SAM G OAKEY III 1.00 X 0 0 0 MR THOMAS E STEPHENSON 1.00 X 0 0 0 MR WILLIAM F TRIMBLE JR 1.00 X 0 0 0 MR CHARLES W TYSINGER 1.00 X 0 0 0 DR RANDALL ROBINSON 1.00 X 0 238893 13537 MR BENJAMIN R DECKER 1.00 X 0 80352 5959 MR KENT M PHILLIPS 1.00 X 0 58785 3842 MS MONICA HILLERY 1.00 X 0 91435 7453 MR ROBERT BUSWELL 1.00 X 0 90596 8719 ROBERT H GERNDT 40.00 X 120691 0 8589 120691 560061 48099 1 0 1 0 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 373278 US FOOD SERVICE PO BOX 602215 CHARLOTTE NC 28260 FOOD 366246 HEALTHKEEPERS INC (ANTHEM) PO BOX 26623 RICHMOND VA 23261 EMPLOYEE HEALTH INSURANCE 305397 AMERICAN ELECTRIC POWER 40 FRANKLIN ROAD ROANOKE VA 24011 ELECTRIC UTILITIES 160841 APPALACHIAN POWER COMPANY PO BOX 24413 CANTON OH 44701 ELECTRIC UTILITIES 152038 7 425 425 RESIDENTIAL SERVICES 623000 7038243 7038243 HEALTH CARE SERVICES 623000 1914043 1914043 382892 382892 9335178 5267 5267 9340870 9335178 0 5267 5262 5262 120691 120691 3261769 2840731 421038 29869 25084 4785 272984 229252 43732 246247 206798 39449 313139 313139 1627508 1627508 759120 705180 53940 109339 1126 108213 92671 12764 79907 7182 860 6322 830834 830834 22580 17811 4769 3025472 3025472 2905626 2905626 DIETARY SUPPLIES 558939 558939 PROGRAM SUPPLIES 234954 234954 EQUIPMENT EXPENSE 50340 46689 3651 TRAINING 46922 45861 1061 DUES AND SUBSCRIPTIONS 10284 5613 4671 53900 52814 1086 14585632 11751670 2833962 0 66071 746863 6910172 3263908 132396 225485 185696 3971747 3561206 59301025 12998787 48759390 46302238 60025472 54099700 3044037 3554724 55540000 55540000 23655044 23017347 82239081 82112071 X -22335416 -28054387 114191 34400 7616 7616 -22213609 -28012371 60025472 54099700 X -5244762 -554000 X X 0 1 1 X 0 X 118915 98822 22052 500 425 240714 8108413 10284707 8455938 8590913 8952286 44392257 8227328 10383529 8477990 8591413 8952711 44632971 0 3422811 3422811 3422811 3422811 41210160 638954 510257 249770 19605 5267 1423853 638954 510257 249770 19605 5267 1423853 195231 250891 273835 349409 382892 1452258 9061513 11144677 9001595 8960427 9340870 47509082 0.86740 0.79540 0.03000 0.03360 X 42016 0.18000 0.82000 0 0 933237 933237 48154276 9683932 38470344 6206217 1484366 4721851 3886232 1735792 2150440 121063 94697 26366 46302238 DUE TO AFFILIATES 8548188 DEFERRED ENTRANCE FEES 9844159 RESERVE FOR FUTURE SERVICE OBLIGATION 4625000 23017347 9340870 14585632 -5244762 -554000 -554000 -5798762 8861399 -479071 -479071 9340470 400 400 9340870 14580370 0 14580370 5262 5262 14585632 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENTS ARE TO BE USED TOWARDS THE CONTINUATION OF RESIDENT SERVICES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SHOULD THE TAX-EXEMPT STATUS OF THE ORGANIZATION BE CHALLENGED IN THE FUTURE, THE 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. 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 SUBSIDIES OF MONTHLY FEES 3 5262 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION GRANTS ASSISTANCE TOWARDS MONTHLY FEES THROUGH A FINANCIAL AID APPLICATION PROCESS. GRANTS ARE AWARDED IN THE FORM OF A REDUCTION OF RESIDENT MONTHLY FEES. X X 0 0 0 0 0 0 0 0 0 DR RANDALL ROBINSON 0 238893 0 0 0 0 0 4723 0 8814 0 252430 0 0 INDUSTRIAL DEVELOPMENT AUTHORITY OF ROANOKE COUNTY VIRGINIA 541290561 769834AL6 2003-01-21 54970845 FUND THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF THE GLEBE 0 0 0 54970845 2997970 1099417 50873458 2005 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 IN 2008, VIRGINIA BAPTIST HOMES, INC. ("VBH") AND ITS AFFILLIATES ENTERED INTO A THREE-YEAR MANAGEMENT AND MARKETING AGREEMENT WITH CRSA MANAGEMENT, LLC, A CCRC MANAGEMENT COMPANY. AS PART OF THIS AGREEMENT, THE ORGANIZATION'S OPERATIONS AND FINANCE FUNCTIONS WERE OVERSEEN AND DIRECTED BY CRSA EMPLOYEES. AS A RESULT OF THE STRENGTHENING OF VBH'S FINANCIAL AND OPERATIONS LEADERSHIP TEAM, THIS AGREEMENT WAS EFFECTIVELY TERMINATED IN LATE 2010. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL FINANCIAL AUDIT FIRM FROM INFORMATION THE ORGANIZATION FURNISHED, AND REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL EXECUTIVE AND CEO PRIOR TO SUBMISSION TO THE IRS. 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 2010. 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 (E.G., GUIDESTAR). CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN FUTURE SERVICE OBLIGATION -554,000. TOTAL TO FORM 990, PART XI, LINE 5: -554,000. 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. VIRGINIA BAPTIST HOMES INC PO BOX 191 CULPEPER VA 22701 540534405 SENIOR LIVING MANAGEMENT VA 501(C)(3) LINE 11A, I N/A 0 VIRGINIA BAPTIST HOMES FOUNDATION INC PO BOX 191 CULPEPER VA 22701 521373103 FUND RAISING AND DEVELOPMENT VA 501(C)(3) LINE 11A, I N/A 0 CULPEPER BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368412 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 9 N/A 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368408 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 9 N/A 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368410 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 9 N/A 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 VIRGINIA BAPTIST HOMES INC O 221520 INTERCOMPANY TRANSFERS VIRGINIA BAPTIST HOMES FOUNDATION INC E 200000 AGREEMENT