2022-05-24T20:18:34-05:00 2021-12-31 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2021-01-01 570699090 WESTMINSTER PRESBYTERIAN CENTER INC WEST 8033285000 1330 INDIA HOOK ROAD ROCK HILL SC 297322412 KEVIN M JOHNSON CFO 8033285000 2022-05-24 1 KEVIN JOHNSON 999009999 AMY BIBBY P00445891 8282542254 2022-05-24 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WESTMINSTER TOWERS KEVIN M JOHNSON 1330 INDIA HOOK ROAD ROCK HILL SC 297322412 16884865 0 X WWW.WESTMINSTERTOWERS.ORG X 1981 SC OUR MISSION IS TO PROVIDE SERVICES THAT INSPIRE, ENCOURAGE, AND EMPOWER SENIORS. WHILE DEMONSTRATING THE LOVE OF CHRIST TO SUPPORT INDIVIDUAL WELL-BEING. 14 13 252 14 0 0 141819 2798304 13678042 12350421 605697 1736140 0 0 14425558 16884865 0 0 0 0 6780591 6396402 0 0 0 5204239 5878357 11984830 12274759 2440728 4610106 34998203 36844641 20994900 18327322 14003303 18517319 OUR MISSION IS TO PROVIDE SERVICES THAT INSPIRE, ENCOURAGE, AND EMPOWER SENIORS WHILE DEMONSTRATING THE LOVE OF CHRIST TO SUPPORT INDIVIDUAL WELL-BEING. 0 0 9825158 12350421 LEADING SENIOR SERVICES BY INITIATING INNOVATIVE CHANGE, PROVIDING CREATIVE ALTERNATIVES FOR LIFE'S JOURNEY, WHILE ANTICIPATING AND MEETING TOMORROW'S CHALLENGES AND OPPORTUNITIES BY USING FAITH IN GOD AS OUR FOUNDATION, WE SERVE AND HONOR OTHERS WITH PURPOSE: INTEGRITY, RESPECT, EXCELLENCE, ENRICHMENT. IN 2021, WESTMINSTER ACCOMPLISHED KEEPING OUR RESIDENTS SAFE AND HEALTHY BY FOLLOWING FEDERAL AND STATE GUIDELINES FOR LIFE CARE COMMUNITIES IN THE PROTECTION OF INFECTION FROM COVID19. 9825158 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 43 0 1 252 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X KEVIN M JOHNSON CFO 8033285120 1330 INDIA HOOK ROAD ROCK HILL SC 29732 ANNE HARTY CHAIR 2.00 X X 0 0 0 ROBERT W HAYES VICE-CHAIR 2.00 X X 0 0 0 RICHARD HECKARD TREASURER 2.00 X X 0 0 0 DR JOHN M LITTLE SECRETARY 2.00 X X 0 0 0 JOHN BARNES JR BOARD MEMBER 2.00 X 0 0 0 ROBERT H BREAKFIELD BOARD MEMBER 2.00 X 0 0 0 BOB CLARK BOARD MEMBER 2.00 X 0 0 0 MARTY COPE BOARD MEMBER 2.00 X 0 0 0 HUGH B DICKEY III BOARD MEMBER 2.00 X 0 0 0 LINDA EMERSON BOARD MEMBER 2.00 X 0 0 0 DAWN JOHNSON BOARD MEMBER 2.00 X 0 0 0 DONNA S RICHTER BOARD MEMBER 2.00 X 0 0 0 ANDY SHENE BOARD MEMBER 2.00 X 0 0 0 C CLARK MOORE BOARD MEMBER 2.00 X 0 0 0 JAMES THOMASON PRESIDENT & CEO 40.00 X 249724 0 12541 KEVIN JOHNSON CFO 40.00 X 190474 0 15634 SANDRA MILLER CONTROLLER 40.00 X 103907 0 12655 MARIA SHUKLA MDS/INFECTION CONTROL 40.00 X 103719 0 8076 647824 0 48906 4 0 1 0 US FOODS PO BOX 602292 CHARLOTTE NC 28260 FOOD PRODUCTS 637786 GENESIS REHABILITATION SERVICES PO BOX 821322 PHILADELPHIA PA 19182 REHABILITATION SERVICES 488260 RYERSON BROTHERS CONSTRUCTION 1713 CELANESE RD ROCK HILL SC 29732 CONSTRUCTION 435512 BRICK SIDE HOMES 4688 SYRUP MILL ROAD RIDGEWAY SC 29130 CONSTRUCTION 352769 NEIL MEDICAL GROUP-PHARMACY PO BOX 1377 KINSTON NC 28503 PHARMACEUTICAL SUPPLIES 286040 8 2730210 68094 2798304 RESIDENT SERVICE FEES 623000 5722690 5722690 HEALTH CENTER FEES 623000 5041480 5041480 HOMEBRIDGE REVENUES 623000 958334 958334 ENTRANCE FEES 623000 627917 627917 12350421 1736140 1736140 16884865 12350421 0 1736140 484464 484464 4964027 4434371 529656 561264 404261 157003 386647 278490 108157 17746 17746 85683 85683 60553 60553 966270 855759 110511 89138 89138 204400 163520 40880 426922 384230 42692 24350 23202 1148 342655 339228 3427 1169673 1157976 11697 415067 415067 DIETARY (RAW FOOD) 583542 583542 THERAPY 506251 506251 MEDICAL SUPPLIES 348786 348024 762 BAD DEBT EXPENSE 267500 267500 369821 346304 23517 12274759 9825158 2449601 0 2774046 1909671 6090 740377 586708 595945 44154 31103 187482 246984 32475836 18292885 14262625 14182951 16953487 18972319 183611 165291 34998203 36844641 546036 854514 8046792 7973323 10096448 9288341 1677828 627796 211144 20994900 18327322 X 10966152 15246551 3037151 3270768 14003303 18517319 34998203 36844641 4610106 -96090 0 X X 0 1 X 1 0 X 555956 114119 343131 141819 2798304 3953329 12835483 13135529 13476843 13678042 12350421 65476318 13391439 13249648 13819974 13819861 15148725 69429647 35000 40000 225050 50000 253852 603902 0 35000 40000 225050 50000 253852 603902 68825745 400033 576553 679180 605128 1736140 3997034 400033 576553 679180 605128 1736140 3997034 13791472 13826201 14499154 14424989 16884865 73426681 0.93730 0.95370 0.05440 0.03770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3289381 36899 286519 3612799 2888308 72000 329073 3289381 2403577 97817 386914 2888308 2489501 35536 -121460 2403577 1791706 517704 180091 2489501 0.14000 0.86000 0 0 698219 698219 20798597 12326855 8471742 8074489 4785565 3288924 1991751 1180465 811286 912780 912780 14182951 RESIDENT DEPOSITS AND REFUNDS 211144 211144 X 16728222 -96090 -96090 16824312 60553 60553 16884865 12214206 0 12214206 60553 60553 12274759 PART V, LINE 4: THE ENDOWMENT FUND IS USED EXCLUSIVELY FOR THE FOLLOWING PURPOSES: 1. LONG-TERM HEALTH CARE FOR EXISTING RESIDENTS WITH FINANCIAL NEED 2. EXTENDED ASSISTANCE TO EXISTING RESIDENTS WITH NEED 3. ADMITTANCE ASSISTANCE FOR FUTURE RESIDENTS WHO CANNOT MEET THE FINANCIAL REQUIREMENTS ALL DONORS TO THE ENDOWMENT FUND RECEIVE A LETTER THANKING THEM FOR THEIR CONTRIBUTION AND OUTLINING ITS EFFECT. HALF OF THE INTEREST & DIVIDENDS EARNED ON THE FUND IS AUTHORIZED FOR INDIGENT RESIDENTS. PART X, LINE 2: THE CENTER HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 60,553. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 60,553. X 0 0 X X X 0 0 0 0 0 0 0 0 0 JAMES THOMASON PRESIDENT & CEO 236724 0 13000 0 0 0 8613 0 3928 0 262265 0 0 0 KEVIN JOHNSON CFO 190474 0 0 0 0 0 7478 0 8156 0 206108 0 0 0 PART I, LINE 1A THE CEO OF THE ORGANIZATION UTILIZES ON CAMPUS LODGING DURING THE WEEK AS REQUIRED BY HIS EMPLOYMENT CONTRACT AND IN CONNECTION WITH THE SERVICES PROVIDED TO THE ORGANIZATION. A SC JOBS ECONOMIC DEVELOPMENT AUTHORITY 570960018 2016-07-21 13688125 RESIDENTIAL CARE FIRST MORTGAGE REV REFUNDING BOND 2016 0 0 0 A 4082006 13712628 247448 13440677 2009 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: SC JOBS ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/20/2020 SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS: AMOUNTS PRESENTED ON LINE 3 INCLUDE INVESTMENT EARNINGS TO DATE, AS FOLLOWS: INVESTMENT EARNINGS TO DATE: 24,503 TOTAL TO LINE 3: $ 13,712,628 AMOUNTS EARNED ANNUALLY IN THE BOND'S RESERVE FUNDS (REPORTED ON LINE 4) AND AMOUNTS EARNED ON PROJECT FUNDS BEFORE COMPLETION ARE INCLUDED AS PROCEEDS OF THE ISSUE. SCHEDULE K, PART II, LINE 11, OTHER SPENT PROCEEDS: AMOUNTS PRESENTED ON PART II, LINE 11 REPRESENT PROCEEDS USED TO REFUND PRIOR BONDS ISSUED. COMPORIUM INC BOARD MEMBER JOHN BARNES, JR IS PART OWNER OF COMPORIUM, INC 182186 WESTMINISTER PRESBYTERIAN CENTER PURCHASED TELEPHONE SERVICE AND EQUIPMENT FROM COMPORIUM, INC 0 FORM 990, PART VI, SECTION A, LINE 7A WESTMINSTER PRESBYTERIAN CENTER IS AFFILIATED WITH WESTMINSTER PRESBYTERIAN CHURCH. THE GOVERNING BODY OF WESTMINSTER PRESBYTERIAN CHURCH MUST APPROVE THE ELECTION OR REMOVAL OF A BOARD MEMBER OF WESTMINSTER PRESBYTERIAN CENTER. FORM 990, PART VI, SECTION A, LINE 7B SEE RESPONSE TO LINE 7A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH OVERSIGHT AND ASSISTANCE BY THE ADMINISTRATIVE STAFF OF THE ORGANIZATION. THE FORM 990 WAS FIRST REVIEWED BY THE CEO AND CFO. THEN THE FORM 990 WAS DISTRIBUTED TO THE EXECUTIVE COMMITTEE TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS DISTRIBUTED BY THE CHAIRMAN OF THE BOARD, REVIEWED, ACCEPTED, AND SIGNED BY EACH VOTING BOARD MEMBER ON AN ANNUAL BASIS. PURSUANT TO THIS POLICY, EACH VOTING MEMBER WILL RECUSE THEMSELVES FROM ANY DISCUSSION AND VOTE FOR WHICH A CONFLICT EXISTS FOR THEMSELVES OR MEMBERS OF THEIR FAMILY. THE CHAIRMAN OF THE BOARD IS RESPONSIBLE FOR COLLECTING, ANALYZING, AND REPORTING THE RESULTS OF THE QUESTIONNAIRES TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE AND RECOMMENDED TO THE BOARD OF DIRECTORS FOR APPROVAL. THE COMMITTEE IS COMPOSED OF INDEPENDENT MEMBERS IN BOTH FACT AND APPEARANCE. THE COMMITTEE UTILIZES COMPARABILITY DATA SUCH AS REGIONAL INDEPENDENT 3RD PARTY SALARY SURVEYS, COMPARING POSITIONS OF SIMILAR DUTIES AND RESPONSIBILITIES AND INCLUDES ASSESSING PROGRESS WITH RESPECT TO PERFORMANCE GOALS AND OBJECTIVES RELEVANT TO THE COMPENSATION OF THE CEO. THE CEO ESTABLISHES THE COMPENSATION FOR THE CFO POSITION IN CONSULTATION WITH THE BOARD CHAIR UTILIZING REGIONAL INDEPENDENT 3RD PARTY SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILING OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 PHOTOCOPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WESTMINISTER PRESBYTERIAN CHURCH 1320 INDIA HOOK RD ROCK HILL SC 29732 RELIGIOUS ORGANIZATION SC 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0