2023-05-10T08:37:44-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2021-07-01 521447069 WESTMINSTER-CANTERBURY OF THE BLUE RIDGE WEST 4349723170 250 PANTOPS MOUNTAIN RD CHARLOTTESVILLE VA 22911 ANNA D BUCHANAN CFO AND TREASURER 4349723170 2023-05-09 1 ANNA BUCHANAN XXX-XX-XXXX JOHN NORMAN P01506766 7049985200 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANNA BUCHANAN 250 PANTOPS MOUNTAIN RD CHARLOTTESVILLE VA 22911 43818471 0 X WWW.WESTMINSTERCANTERBURY.ORG X 1985 VA PROVIDE HEALTH CARE, HOUSING AND RELATED SERVICES TO SENIORS THROUGH THE OPERATION OF A CCRC. 14 14 411 78 0 0 209775 149929 37860026 39871985 1185067 2967141 1391236 829416 40646104 43818471 0 0 0 0 16644781 17708541 0 0 527987 20618489 20538389 37263270 38246930 3382834 5571541 207106257 196364946 171762909 170202432 35343348 26162514 X WESTMINSTER-CANTERBURY OF THE BLUE RIDGE'S MISSION IS TO PROVIDE A LIFECARE COMMUNITY OF VIBRANT LIVING DESIGNED TO MEET THE DYNAMIC NEEDS AND OPPORTUNITIES OF OLDER ADULTS. IN ADDITION TO THE OPERATION OF A LIFECARE RETIREMENT COMMUNITY, WCBR ESTABLISHED THE WESTMINSTER-CANTERBURY OF THE BLUE RIDGE FOUNDATION, A SUPPORTIVE CHARITABLE ORGANIZATION TO RAISE FUNDS FOR THE MISSION OF WESTMINSTER-CANTERBURY OF THE BLUE RIDGE. 0 0 30519398 40701401 DURING FISCAL YEAR 2022, WCBR PROVIDED HOUSING, HEALTH CARE, ACTIVITIES, MEALS AND OTHER SERVICES FOR AN AVERAGE OF 423 INDIVIDUALS WHO ARE TYPICALLY AGE 62 OR OLDER. WCBR HAD A TOTAL AT THE END OF THE FY OF 280 INDEPENDENT LIVING ACCOMMODATIONS. RESIDENCES RANGE FROM 640 SQUARE FEET APARTMENTS TO OVER 2,150 SQUARE FEET COTTAGES WITH TWO CAR GARAGES. THE AVERAGE NUMBER OF OCCUPIED UNITS IN FY22 WAS 253 (90%) WITH AN ADDITIONAL 91 SPOUSES OR SECOND PERSONS OCCUPYING THE SAME RESIDENCE. ACTIVITIES ARE PLENTIFUL; INCLUDING NUMEROUS CLUBS, COMMITTEES, LECTURES, LIFE LONG LEARNING OPPORTUNITIES, ART CLASSES, FLOWER ARRANGING, EXERCISE PROGRAMS, SPIRITUAL SERVICES, SPECIAL EVENTS AND TRIPS THAT STIMULATE THE INTELLECT, PASSION AND INTEREST OF OUR RESIDENTS. 30519398 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 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 42 0 411 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X ANNA BUCHANAN CFO 4349723170 250 PANTOPS MOUNTAIN ROAD CHARLOTTESVILLE VA 22911 DENNIS S ROOKER CHAIR 1.00 1.00 X X 0 0 0 ALLISON M AGARWAL VICE CHAIR 1.00 X X 0 0 0 ROSS T THOMAS SECRETARY 1.00 X X 0 0 0 LEONE CIPORIN TRUSTEE 1.00 X 0 0 0 ALAN N CULBERTSON TRUSTEE, EX OFICIO 1.00 X 0 0 0 CAROL F HAM TRUSTEE 1.00 X 0 0 0 WILLIAM HENDERSON TRUSTEE 1.00 X 0 0 0 REBECCA HILL TRUSTEE 1.00 X 0 0 0 J BRIAN JACKSON TRUSTEE 1.00 X 0 0 0 LAWRENCE J MARTIN TRUSTEE 1.00 1.00 X 0 0 0 KIMBERLYN MCDONALD TRUSTEE 1.00 X 0 0 0 DAVID M OAKLAND TRUSTEE 1.00 X 0 0 0 DAVID TRAUTMAN TRUSTEE 1.00 X 0 0 0 ROBERT W TUCKER JR IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 GARY B SELMECZI CEO/PRESIDENT 40.00 1.00 X 543162 0 29935 ANNA D BUCHANAN CFO/TREASURER 40.00 1.00 X 221201 0 25296 JOHN KOVALESKI VP- OPERATIONS 40.00 X 192003 0 37318 DEBBIE DESMOND VP-HR & OD 40.00 X 160069 0 13607 SANDI HALL HEALTH SERVICES ADMIN. 40.00 X 147040 0 22857 WILLIAM BRYANT DIR. OF FACILITIES 40.00 X 125449 0 16710 1388924 0 145723 6 0 1 0 FLIK INTERNATIONAL PO BOX 102289 ATLANTA GA 30368 FOOD SERVICE 2049584 LANTZ CONSTRUCTION COMPANY 539 SOUTH MAIN STREET BROADWAY VA 22815 CONSTRUCTION SERVICES 1418308 ABRAHAMSE & COMPANY INC 325 WINDING RIVER LANE CHARLOTTESVILLE VA 22911 CONSTRUCTION SERVICES 1171676 STRAUSS CONSTRUCTION LLC PO BOX 586 KESWICK VA 22947 CONSTRUCTION SERVICES 712055 POWERBACK REHABILITATION PO BOX 821322 PHILADELPHIA PA 19182 PT, OT, SPEECH THERAPY SERVICES 597324 18 149929 149929 PROGRAM REVENUE 623000 33831860 33831860 OTHER RESIDENTIAL SERVICES 623000 6040125 6040125 39871985 506802 506802 2448798 11541 0 0 2448798 11541 2460339 2460339 MISCELLANEOUS 900099 696531 696531 PROVIDER RELIEF FUNDS 900099 132885 132885 829416 43818471 40701401 0 2967141 956366 956366 13419302 11852454 1112363 454485 784885 784885 1590386 1367412 207653 15321 957602 824098 119688 13816 2572087 1443070 1121773 7244 194936 170987 23949 1886251 561007 1325244 60513 46720 8050 5743 2262815 2262815 8863540 8760288 99776 3476 462400 285572 176700 128 REAL ESTATE TAXES 2333111 2307956 22535 2620 SUPPLIES 1203134 1203134 COVID-19 EXPENSES 418928 418928 SMALL TOOLS & EXPENSES 83557 82515 1042 197117 135576 36387 25154 38246930 30519398 7199545 527987 7534820 6232163 301852 516763 55919 55403 463059 292361 229666066 113357561 118306718 116308505 55675768 52131537 24768121 20828214 207106257 196364946 3598729 3998190 73435347 74053934 61644559 59023680 33084274 33126628 171762909 170202432 X 21762870 14479842 13580478 11682672 35343348 26162514 207106257 196364946 X 5571541 -10503640 -4248735 X X 0 1 X 1 0 X 466647 283653 274367 209775 149929 1384371 36307693 36962848 37802020 37860026 39871985 188804572 36774340 37246501 38076387 38069801 40021914 190188943 0 0 0 190188943 643919 617029 691683 489636 506802 2949069 643919 617029 691683 489636 506802 2949069 620005 443934 1112620 1391236 829416 4397211 38038264 38307464 39880690 39950673 41358132 197535223 0.96280 0.96400 0.01490 0.01440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1464868 22100 1486968 1462368 2500 1464868 961368 501000 1462368 960368 1000 961368 959843 525 960368 1.00000 0 1 1 3710374 3710374 201447553 98417062 103030491 17956464 12962676 4993788 6551675 1977823 4573852 116308505 INVESTMENTS 48658085 F ASSETS LIMITED AS TO USE 3473452 F 52131537 DEPOSITS 1139954 MEDICARE BED LICENSE 633585 INTEREST IN FOUNDATION 19054675 20828214 DEPOSITS 362000 INTEREST PAYABLE 529098 OTHER LIABILITIES 910805 ENTRY FEE REFUNDABLE 31186299 CAPITAL LEASE PAYABLE 138426 33126628 X PART V, LINE 4: ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD. GOVERNED BY POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRESERVE AND GROW CAPITAL, STRIVE FOR CONSISTENT ABSOLUTE RETURNS, PRESERVE PURCHASING POWER BY STRIVING FOR LONG-TERM RETURNS WHICH EITHER MATCH OR EXCEED THE SET PAYOUT, FEES AND INFLATION WITHOUT PUTTING THE PRINCIPAL VALUE AT IMPRUDENT RISK, AND DIVERSIFY INVESTMENTS CONSISTENT WITH COMMONLY ACCEPTED INDUSTRY STANDARD TO MINIMIZE THE RISK OF LARGE LOSSES. PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE ORGANIZATION HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. 1 X X X X 0 1 0 0 0 0 0 0 0 GARY B SELMECZI CEO/PRESIDENT 336960 0 100255 0 105947 0 7749 0 22186 0 573097 0 0 0 ANNA D BUCHANAN CFO/TREASURER 217129 0 2000 0 2072 0 15273 0 10023 0 246497 0 0 0 JOHN KOVALESKI VP- OPERATIONS 188633 0 2000 0 1370 0 13228 0 24090 0 229321 0 0 0 DEBBIE DESMOND VP-HR & OD 154827 0 2000 0 3242 0 4481 0 9126 0 173676 0 0 0 SANDI HALL HEALTH SERVICES ADMIN. 144090 0 2000 0 950 0 4314 0 18543 0 169897 0 0 0 PART I, LINE 4B GARY B. SELMECZI PARTICIPATED IN A 457(F) PLAN AND RECEIVED PAYMENTS FROM THE PLAN TOTALLING $94,359. A ECONOMICAL DEVELOPMENT AUTHORITY OF ALBERMARLE COUNTY VIRGINIA 901136501 01266WAK2 2012-12-12 38265602 CONSTRUCT, RENOVATE AND EQUIP FACILITY 0 0 0 B ECONOMICAL DEVELOPMENT AUTHORITY OF ALBERMARLE COUNTY VIRGINIA 901136501 01266TAQ6 2022-02-02 43127226 REFUND EDA OF ALBEMARLE COUNTY BOND SERIES 2016A ISSUED 6/29/2016 0 0 0 A 20885000 38332405 1378608 1624327 765312 493734 39001535 2014 0 0 1 1 B 43127226 675960 42451266 1 0 0 1 A 0 1 1 1 0 0.01000 0.01000 0 0 1 B 0 1 1 1 0 0.01000 0.01000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 0 A 1 B 1 SCHEDULE K, PART II, COLUMN A, LINE 3 THE ADDITIONAL $66,803 IN PROCEEDS REPRESENTS INTEREST EARNED FROM THE DATE OF ISSUE THROUGH THE COMPLETION OF THE PROJECT IN 2014. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIR, THE VICE CHAIR, THE TREASURER AND THE SECRETARY, IF TRUSTEES, AND ANY COMMITTEE CHAIR(S) AS THE BOARD MAY FROM TIME TO TIME DESIGNATE. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION DURING THE INTERIM PERIODS BETWEEN MEETINGS. THE AUTHORITY OF THE BOARD DELEGATED TO THE EXECUTIVE COMMITTEE INCLUDES, WITHOUT LIMITATION, THE POWER OF APPROVAL OF PERSONNEL AND COMPENSATION POLICIES FOR EMPLOYEES, SUBJECT TO THE RESTRICTIONS HEREIN SET OUT AND FURTHER SUBJECT TO SUCH LIMITATIONS UPON ITS AUTHORITY AS THE BOARD MAY, FROM TIME TO TIME, IMPOSE; THE AUTHORITY TO REVIEW AND APPROVE POLICIES OF THE BOARD; THE AUTHORITY TO APPOINT SUBORDINATE OFFICERS, REMOVE OFFICERS, ACCEPT THE RESIGNATION OF OFFICERS, AND FILL VACANCIES IN ANY OFFICE; AND THE POWER TO AUTHORIZE THE SEAL OF THE CORPORATION TO BE AFFIXED TO ALL PAPERS WHICH MAY REQUIRE IT. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE, OR ANY OF ITS SUBCOMMITTEES, HAVE AUTHORITY TO FILL VACANCIES ON THE BOARD OR ON ANY COMMITTEE; TO APPROVE AN AMENDMENT TO THE ARTICLES; TO ADOPT, AMEND OR REPEAL THE BYLAWS; TO APPROVE A PLAN OF MERGER OR CONSOLIDATION, A SALE, LEASE, EXCHANGE, MORTGAGE, PLEDGE OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, THE PROPERTY AND ASSETS OF THE CORPORATION; THE VOLUNTARY DISSOLUTION OF THE CORPORATION; OR REVOCATION OF VOLUNTARY DISSOLUTION PROCEEDINGS. UNLESS THE BOARD PROVIDES OTHERWISE BY RESOLUTION, THE CHAIR OF THE CORPORATION SHALL BE CHAIR OF THE EXECUTIVE COMMITTEE. THE CHAIR OF THE WESTMINSTER-CANTERBURY OF THE BLUE RIDGE FOUNDATION (THE "FOUNDATION") SHALL, IF NOT OTHERWISE ALREADY A TRUSTEE, BE INVITED TO PARTICIPATE IN MEETINGS, BUT SHALL HAVE NO AUTHORITY TO VOTE. THE PRESIDENT OF THE CORPORATION SHALL SERVE AS ADVISOR AND LIAISON TO THE EXECUTIVE COMMITTEE AND MAY ATTEND ITS MEETINGS. AS ADVISOR, THE PRESIDENT SHALL BE HEARD AT EXECUTIVE COMMITTEE MEETINGS, BUT SHALL HAVE NO AUTHORITY TO VOTE. THE EXECUTIVE COMMITTEE SHALL MEET AS OFTEN AS IT DEEMS NECESSARY. THE EXECUTIVE COMMITTEE SHALL RENDER ITS REPORT TO THE BOARD AT EACH REGULAR MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL BE COMPRISED SOLELY OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE ORGANIZATION WERE AMENDED AS FOLLOWS: 1. FOUNDATION BOARD CHAIR NAMED EX OFFICIO MEMBER OF CORPORATE BOARD. 2. MODERNIZATION OF RULES AND PROCEDURES AROUND MEETING NOTICE, ABSENCE PROVISIONS, REMOLVAL AND RESIGNATION PROCEDURES. 3. ESTABLISHMENT OF A QUALITY COMMITTEE OF THE BOARD. 4. REMOVAL OF CERTAIN OUTDATED OR UNCESSARY MISCELLANEOUS PROVISONS. FORM 990, PART VI, SECTION B, LINE 11B BOTH THE CEO AND THE CFO FULLY REVIEW THE 990. IT IS SENT TO THE BOARD FINANCE COMMITTEE FOR THEIR REVIEW. CFO MEETS WITH THE COMMITTEE TO DISCUSS THE 990 AND RECEIVES APPROVAL TO FILE. PRIOR TO FILING, THE 990 IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION REVIEW FOR THE CEO IS PERFORMED AT A MINIMUM, EVERY THREE YEARS BY AN INDEPENDENT CONSULTANT AND PROVIDED TO THE WCBR CORPORATE BOARD OF TRUSTEES FOR REVIEW AND ACTION. THE CONSULTANT COMPLETES A MARKET COMPARISON WITH OTHER CEO POSITIONS THAT HAVE SIMILAR RESPONSIBILITY TO OTHERS IN THE AREA, THE STATE AND NATIONWIDE. THE BOARD CHAIR DOCUMENTS THE DECISION AND ACTION TO BE TAKEN. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE ORGANIZATION HAS AN INDEPENDENT CONSULTANT PERFORM A STUDY AT LEAST EVERY THREE YEARS ON ALL POSITIONS. THE REPORT INCLUDES KEY LEADERSHIP AND POSITIONS UNIQUE TO OPERATIONS. IN JUNE 2021, TO ENSURE EXTERNAL COMPETITIVENESS, A REVIEW WAS COMPLETED FOR THE CFO. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, DISCLOSURE STATEMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE BUDGET, QUARTERLY FINANCIAL STATEMENTS, AND THE AUDIT ARE POSTED ON EMMA. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION -2,055,572. DECREASE IN BENEFICIAL INTEREST IN TEMPORARILY RESTRICTED NET ASSETS -1,919,906. INCREASE IN BENEFICIAL INTEREST IN PERMANENTLY RESTRICTED NET ASSETS 22,100. EXTRAORDINARY LOSS ON EXTINGUISHMENT OF DEBT -295,357. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. WESTMINSTER-CANTERBURY OF THE BLUE RIDGE FOUNDATION 250 PANTOPS MOUNTAIN ROAD CHARLOTTESVILLE VA 22911 541882970 PROVIDED FINANCIAL SUPPORT FOR FELLOWSHIP FUNDS VA 501(C)(3) 509(A)(3) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 WESTMINSTER CANTERBURY OF THE BLUE RIDGE FOUNDATION C 149929 ACTUAL PAYMENT - FELLOWSHIP