2023-09-20T08:21:23-05:00 2022-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2022-01-01 540852697 VIRGINIA LUTHERAN HOMES INC VIRG 5405625443 3807 BRANDON AVE 2440 ROANOKE VA 24018 JENNIFER HICKLIN CFO 5405625443 2023-08-08 1 JENNIFER HICKLIN 999009999 0 PATRICK PITTMAN P00587461 5403450936 2023-08-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES DOWNS 3807 BRANDON AVE ROANOKE VA 24018 24899075 0 9386 X WWW.VLHNET.ORG X 1963 VA PROVIDING LIFE-ENRICHING SERVICES THAT PROMOTE WELL-BEING AND BUILD COMMUNITY. 11 11 474 15 71119 0 588531 117595 20716064 22826839 1515220 85546 5760615 102688 28580430 23132668 0 0 0 0 13364898 14714967 0 0 87737 10620049 10836886 23984947 25551853 4595483 -2419185 83707371 79509256 93857514 86670694 -10150143 -7161438 PROVIDING LIFE-ENRICHING SERVICES THAT PROMOTE WELL-BEING AND BUILD COMMUNITY. 0 0 23834704 22858408 VIRGINIA LUTHERAN HOMES, INC. PROVIDES HOUSING AND HEALTH CARE SERVICES TO OVER 500 ELDERLY AND/OR HANDICAPPED INDIVIDUALS. 23834704 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 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 36 0 1 474 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 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 MARIE MALINCHAK CHAIR 2.00 4.00 X X 0 0 0 NANCY K OVERSTREET VICE CHAIR 2.00 4.00 X X 0 0 0 REV K DAVID SKOLE SECRETARY 2.00 4.00 X X 0 0 0 REV JAMES ARMENTROUT DIRECTOR 2.00 4.00 X 0 0 0 GEORGE N ARTHUR DIRECTOR 2.00 4.00 X 0 0 0 ALLEN BLACKWOOD JR DIRECTOR 2.00 4.00 X 0 0 0 JOHN HANNA DIRECTOR - FINANCE COMMITT 2.00 4.00 X 0 0 0 PHIL HARRIS DIRECTOR 2.00 4.00 X 0 0 0 DAN P KAHILL DIRECTOR - FINANCE COMMITT 2.00 4.00 X 0 0 0 BARBARA L PHELPS DIRECTOR 2.00 4.00 X 0 0 0 DOUG PRICE DIRECTOR 2.00 4.00 X 0 0 0 HEATHER L NEFF FORMER PRESIDENT & CEO 32.00 8.00 X 298585 0 15286 GARY VENTOLA FORMER CFO 32.00 8.00 X 132323 0 7654 BEN BURKS EXECUTIVE DIRECTOR/COO 32.00 8.00 X 217690 0 19034 CHARLES DOWNS PRESIDENT & CEO 32.00 8.00 X 196795 0 20248 JENNIFER HICKLIN CFO 32.00 8.00 X 113354 0 14920 CHRISTI NICELY DIRECTOR OF REHABILITATION 40.00 X 132696 0 15950 NATALIE WYNEGAR NURSING ADMINISTRATOR 40.00 X 137996 0 16016 MARISA PEACOCK AT HOME ADMINISTRATOR 40.00 X 111174 0 14576 JEREME GREER PHYSICAL THERAPIST 40.00 X 113295 0 13780 TIM SNYDER DIRECTOR OF IT 40.00 X 123579 0 15097 1577487 0 152561 14 0 1 0 JOEL MARTINEZ 1806 SPRINGFIELD AVENUE SALEM VA 24153 PAINTING AND REFURBISHING 133034 1 117595 117595 RETIREMENT COMMUNITY 623000 10555944 10555944 PERSONAL CARE 623000 4695409 4695409 HEALTH CENTER 623000 3849504 3849504 EARNED ENTRANCE FEES 623000 3389849 3389849 SERVICE INCOME - DIETARY 623000 336133 336133 22826839 256068 256068 423444 459072 -35628 -35628 -106747 71119 1136813 1307335 -170522 -170522 -170522 BEAUTY & BARBER 623000 64660 64660 LAUNDRY 623000 40017 40017 OTHER INCOME 623000 33639 33639 138316 23132668 22858408 71119 85546 567632 567632 11496764 10793266 615761 87737 297995 297995 1572669 1572669 779907 685953 93954 86427 86427 17109 17109 51450 51450 73646 73646 492599 475057 17542 200284 200284 43777 43777 240794 240794 1010425 1010316 109 15500 9876 5624 969152 969152 3747682 3690934 56748 475913 389853 86060 GENERAL OPERATING 1563198 1563198 DIETARY EXPENSE & SUPPL 1541916 1541916 MEDICAL & THERAPY EXPEN 299550 299550 FINANCE- BANKING FEES 7464 7464 25551853 23834704 1629412 87737 1949 -593414 8061300 18414391 2439415 820175 33333 33333 1272992 1173704 111574549 54976702 53520698 56597847 17159903 1608577 1217781 1454643 83707371 79509256 1526749 1320049 22417121 39342467 39077796 53393863 12914405 207793 167236 16311988 -6151259 93857514 86670694 X -11961067 -8534370 1810924 1372932 -10150143 -7161438 83707371 79509256 -2419185 5407890 0 X X 0 1 X 1 0 X 171651 3687238 114528 588531 117595 4679543 23558588 23919163 20413262 26500906 22965155 117357074 23730239 27606401 20527790 27089437 23082750 122036617 0 0 0 122036617 253942 335751 290035 216328 256068 1352124 253942 335751 290035 216328 256068 1352124 23984181 27942152 20817825 27305765 23338818 123388741 0.98900 0.98940 0.01100 0.01060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10117398 115165 -1259984 495916 8476663 8908021 588437 710055 89115 10117398 8168730 162537 643580 66826 8908021 7253585 167650 855920 108425 8168730 7293573 218256 -100435 157809 7253585 0.84409 0.15591 0 0 1477765 1477765 98879081 47446897 51432184 2197063 1241124 955939 8464723 5796834 2667889 555917 491847 64070 56597847 SWAP TERMINATION LIABILITY -6267762 LEASE LIABILITY 116503 -6151259 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, 2022 AND 2021. 1 X X X 0 0 0 0 0 0 0 0 0 HEATHER L NEFF FORMER PRESIDENT & CEO 256903 0 41682 0 0 0 9685 0 5601 0 313871 0 0 0 BEN BURKS EXECUTIVE DIRECTOR/COO 198473 0 19217 0 0 0 8893 0 10141 0 236724 0 0 0 CHARLES DOWNS PRESIDENT & CEO 181450 0 15345 0 0 0 8847 0 11401 0 217043 0 0 0 NATALIE WYNEGAR NURSING ADMINISTRATOR 128846 0 9150 0 0 0 5842 0 10174 0 154012 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 12143480 REFUNDING SERIES 2012 BONDS 0 0 0 A 248634 16950916 339020 16611896 2019 1 1 1 1 B 20000 11500000 210248 11289752 0 0 1 1 C 1783120 12143480 12143480 1 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 A 1 B 1 C 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. 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