2025-04-23T08:42:07-05:00 2024-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2024-01-01 540852697 VIRGINIA LUTHERAN HOMES INC VIRG 5405625443 3807 BRANDON AVE 2440 ROANOKE VA 24018 JENNIFER HICKLIN CFO 5405625443 2025-04-16 1 1 PATRICK PITTMAN P00587461 5403450936 2025-04-08 2024 2025-03-06 01:10:19Z CHARLES DOWNS 3807 BRANDON AVE ROANOKE VA 24018 31996575 0 9386 X WWW.VLHNET.ORG X 1963 VA PROVIDING LIFE-ENRICHING SERVICES THAT PROMOTE WELL-BEING AND BUILD COMMUNITY. 7 7 497 30 23228 0 214876 265307 27706874 29462480 188971 701385 166269 167400 28276990 30596572 0 0 0 0 15175850 16642675 0 0 96233 12286047 13303857 27461897 29946532 815093 650040 79604799 80684280 84864147 83102056 -5259348 -2417776 PROVIDING LIFE-ENRICHING SERVICES THAT PROMOTE WELL-BEING AND BUILD COMMUNITY. 0 0 27756822 29607952 VIRGINIA LUTHERAN HOMES, INC. PROVIDES HOUSING AND HEALTH CARE SERVICES TO OVER 500 ELDERLY AND/OR HANDICAPPED INDIVIDUALS. 27756822 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 41 0 1 497 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 5405625443 3807 BRANDON AVE 2440 ROANOKE VA 24018 REV JAMES ARMENTROUT CHAIR 2.00 4.00 X X 0 0 0 PHIL HARRIS VICE CHAIR 2.00 4.00 X X 0 0 0 JOHN HANNA TREASURER 2.00 4.00 X X 0 0 0 REV K DAVID SKOLE SECRETARY 2.00 4.00 X X 0 0 0 MICHAEL BIRD DIRECTOR 2.00 4.00 X 0 0 0 ALLEN BLACKWOOD JR DIRECTOR 2.00 4.00 X 0 0 0 JAMIE DILLARD DIRECTOR 2.00 4.00 X 0 0 0 BARBARA PHELPS DIRECTOR 2.00 4.00 X 0 0 0 LAURA SWANSON DIRECTOR 2.00 4.00 X 0 0 0 CHARLES DOWNS CEO 32.00 8.00 X 318972 0 24594 JENNIFER HICKLIN CFO 32.00 8.00 X 176853 0 18205 BEN BURKS EXECUTIVE DIRECTOR/COO 28.00 12.00 X 229113 0 20520 LINDA HAMULIC LPN 40.00 X 105465 0 14250 TIM SNYDER DIRECTOR OF IT 40.00 X 142000 0 18320 CARTER HANNA DIRECTOR OF MARKETING 40.00 X 117469 0 15139 JHON MARTINEZ GUTIERREZ RN 40.00 X 123284 0 13244 JEREME GREER PHYSICAL THERAPIST 40.00 X 115312 0 14778 1328468 0 139050 9 0 1 0 SELECT REHAB LLC PO BOX 71985 CHICAGO IL 60694 CONTRACT THERAPY SERVICES 385181 JOEL MARTINEZ 1806 SPRINGFIELD AVENUE SALEM VA 24153 PAINTING AND REFURBISHING 162788 STONE CABINETS 1740 KING RICHARD ROAD FERRUM VA 24088 CABINETS/COUNTERS AND REFURBISHING 152698 3 265307 265307 RETIREMENT COMMUNITY 623000 12860134 12860134 PERSONAL CARE 623000 7143844 7143844 HEALTH CENTER 623000 5237226 5237226 EARNED ENTRANCE FEES 623000 3890005 3890005 SERVICE INCOME - DIETARY 623000 331271 331271 29462480 529788 529788 378404 434987 -56583 -56583 -79811 23228 1135313 1300 965016 0 170297 1300 171597 1300 170297 BEAUTY & BARBER 623000 83850 83850 OTHER INCOME 623000 74065 74065 LAUNDRY 623000 35601 35601 30467 30467 223983 30596572 29607952 23228 700085 772625 772625 12696126 11924109 675784 96233 311049 262110 48939 1933224 1778542 154682 929651 841331 88320 177050 177050 24590 24590 51050 51050 94541 94541 782016 774028 7988 184185 184185 36669 36669 270858 270858 1176329 1175292 1037 18126 14037 4089 1140190 1140190 4687184 4638974 48210 494697 409744 84953 GENERAL OPERATING 1681635 1681635 DIETARY EXPENSE & SUPPL 1514101 1514101 CONTRIBUTIONS 730329 730329 MEDICAL & THERAPY EXPEN 232402 232402 7905 7905 29946532 27756822 2093477 96233 26660 153395 19748925 22366171 926904 744603 33333 33333 1117395 1083827 116813696 64170001 54647973 52643695 1662529 1871361 1441080 1787895 79604799 80684280 1540690 1774390 38665846 40680319 48375062 46778922 1783038 43061 125459 82398 -5625948 -6257034 84864147 83102056 X -6604452 -3838873 1345104 1421097 -5259348 -2417776 79604799 80684280 650040 2191532 0 X X 0 1 X 1 0 X 114528 588531 117595 214876 265307 1300837 20413262 26500906 22965155 27895222 29686463 127461008 20527790 27089437 23082750 28110098 29951770 128761845 0 0 0 128761845 290035 216328 256068 474746 529788 1766965 290035 216328 256068 474746 529788 1766965 20817825 27305765 23338818 28584844 30481558 130528810 0.98650 0.98770 0.01350 0.01230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9593267 265203 1211809 148836 10921443 8476663 214860 1199690 297946 9593267 10117398 115165 -1259984 495916 8476663 8908021 588437 710055 89115 10117398 8168730 162537 643580 66826 8908021 0.87420 0.12580 0 0 1477765 1477765 102869243 55176150 47693093 2577922 1458227 1119695 9398640 7097988 2300652 490126 437636 52490 52643695 SWAP TERMINATION LIABILITY -6596534 LEASE LIABILITIES 284224 ARBITRAGE REBATE PAYABLE 55276 -6257034 X PART X, LINE 2: VIRGINIA LUTHERAN HOMES, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. BRANDON POINT, LLC IS A DISREGARDED ENTITY FOR TAX PURPOSES AND IS INCLUDED IN VIRGINIA LUTHERAN HOMES, INC.'S FILINGS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2024 AND 2023. 1 X X X 0 0 0 0 0 0 0 0 0 CHARLES DOWNS CEO 278505 0 40467 0 0 0 12855 0 11739 0 343566 0 0 0 BEN BURKS EXECUTIVE DIRECTOR/COO 208637 0 20476 0 0 0 9443 0 11077 0 249633 0 0 0 JENNIFER HICKLIN CFO 159588 0 17265 0 0 0 7188 0 11017 0 195058 0 0 0 TIM SNYDER DIRECTOR OF IT 132000 0 10000 0 0 0 5910 0 12410 0 160320 0 0 0 A ECONOMIC DEVELOPMENT AUTHORITY 2019A BONDS 541106038 2019-11-05 16950916 REFUNDING SERIES 2006 & 2007 BONDS 0 0 0 B ECONOMIC DEVELOPMENT AUTHORITY 2019B BONDS 541106038 2019-11-05 11500000 CONSTRUCT & EQUIP RENOVATION & EXPANSION 0 0 0 C ECONOMIC DEVELOPMENT AUTHORITY 2022 BONDS 541106038 2022-09-08 13643590 REFUNDING SERIES 2012 BONDS 0 0 0 D ECONOMIC DEVELOPMENT AUTHORITY SERIES 2023 TAX-EXEMPT BOND 541106038 2023-09-07 9846503 CONVERT SERIES 2020 TAXABLE BOND TO TAX-EXEMPT 0 0 0 A 420182 16950916 339020 16611896 2019 1 1 1 1 B 712940 11500000 210248 11289752 0 0 1 1 C 3927520 13643590 12143480 1 1 1 1 D 101444 9846503 9846503 2020 0 1 1 1 A 0 1 0 0 0 1 ATLANTIC UNION 15.000000000000 0 0 0 0 1 B 0 1 0 0 0 1 ATLANTIC UNION 15.000000000000 0 0 0 0 1 C 0 1 0 0 0 1 PINNACLE BANK 10.000000000000 0 0 0 0 1 D 0 1 0 0 0 1 ATLANTIC UNION 21.000000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 FORM 990, PART VI, SECTION B, LINE 11B INTERNAL MANAGEMENT WILL REVIEW THE 990 AND THE CFO WILL PROVIDE AND DISCUSS WITH THE BOARD ANY QUESTIONS THEY MAY HAVE PRIOR TO FILING OF THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. IF THERE IS A CONFLICT, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT HE/SHE SHALL LEAVE DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT. THE CHAIRPERSON OF THE BOARD OR EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THERE IS A MORE AVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS INVOLVED IN THE SEARCH AND HIRING PROCESS, USING COMPARABLE SALARIES FROM POSITIONS IN RELATED FIELDS AS WELL AS EXPECTED HOURS AND WORKLOAD FOR THE ORGANIZATION'S CEO AS WELL AS OFFICERS AND KEY EMPLOYEES. THE CEO IS ALSO INVOLVED WITH REGARDS TO OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS OF FINANCIAL STATEMENT REVIEW AND OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. BRANDON POINT LLC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 463459947 RENTAL REAL ESTATE VA 2011027 2450542 VIRGINIA LUTHERAN HOME INC SHENANDOAH VALLEY LUTHERAN HOMES INC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 521306161 PROVIDE HOUSING FOR ELDERLY AND/OR HANDICAPPED VA 501 (C) (3) LINE 11 VIRGINIA LUTHERAN HOMES INC 1 VIRGINIA LUTHERAN HOMES HOME CARE INC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 475279919 PROVIDE HOME HEALTH SERVICES VA 501 (C) (3) LINE 11 VIRGINIA LUTHERAN HOMES INC 1 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 VIRGINIA LUTHERAN HOMES HOME CARE INC A 25950 CASH VALUE VIRGINIA LUTHERAN HOMES HOME CARE INC D 1017690 CASH VALUE VIRGINIA LUTHERAN HOMES HOME CARE INC L 12000 CASH VALUE SHENANDOAH VALLEY LUTHERAN HOUSING INC L 18467 CASH VALUE SHENANDOAH VALLEY LUTHERAN HOUSING INC D 344726 CASH VALUE SHENANDOAH VALLEY LUTHERAN HOUSING INC B 730329 CASH VALUE