2022-11-10T12:35:15-06:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2021-01-01 540534405 VIRGINIA BAPTIST HOMES INC VIRG 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 CHRISTOPHER M MARKWITH SVP 8045219206 2022-11-08 1 CHRISTOPHER MARKWITH XXX-XX-XXXX JOHN NORMAN P01506766 7049985200 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LIFESPIRE OF VIRGINIA JONATHAN COOK 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 8820978 0 X WWW.LIFESPIRELIVING.ORG X 1946 VA OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE, WHILE PROVIDING "DIGNITY IN LIVING." 19 19 1638 19 0 0 23578 492800 7066875 7232499 472359 1095679 56516 0 7619328 8820978 181580 2300000 0 0 4396917 3640093 0 0 558122 2665943 3596735 7244440 9536828 374888 -715850 66909467 66161909 60044177 66556273 6865290 -394364 OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE, WHILE PROVIDING "DIGNITY IN LIVING" 0 0 6541810 2300000 7232499 THE ORGANIZATION SUPPORTED THE CHARITABLE PURPOSES OF OUR SUBSIDIARIES BY PROVIDING MANAGEMENT, CONDUCTING SHORT AND LONG RANGE PLANNING, DEVELOPING BUDGETS AND PERFORMING OTHER SUPPORTIVE SERVICES AS NEEDED. 6541810 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 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1638 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X X CHRIS MARKWITH CFO 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 MR SCOTT CAVE TRUSTEE 1.00 X 0 0 0 REVDAN CARLTON TRUSTEE 1.00 X 0 0 0 MR JAMES BALES TRUSTEE 1.00 X 0 0 0 MSSHARON BROOKS TRUSTEE 1.00 X 0 0 0 REVBERT BROWNING TRUSTEE 1.00 X 0 0 0 DRVALERIE CARTER TRUSTEE 1.00 X 0 0 0 DRTIFFANY FRANKS TRUSTEE 1.00 X 0 0 0 REVNELSON HARRIS TRUSTEE 1.00 X 0 0 0 MR JOHN JUNG TRUSTEE 1.00 X 0 0 0 MR MIKE KECK TRUSTEE 1.00 X 0 0 0 MRSSALLIE MARCHELLO TRUSTEE 1.00 X 0 0 0 MR ROBERT MUSICK TRUSTEE 1.00 X 0 0 0 MR SAMUEL OAKEY TRUSTEE 1.00 X 0 0 0 MR ARNIE OWENS TRUSTEE 1.00 X 0 0 0 DRPAM PARSONS TRUSTEE 1.00 X 0 0 0 MR JOHN POMA TRUSTEE 1.00 X 0 0 0 MRSSUSAN RUCKER TRUSTEE 1.00 X 0 0 0 MR MATTHEW SCOTT TRUSTEE 1.00 X 0 0 0 MR MIKE SMITH TRUSTEE 1.00 X 0 0 0 JONATHAN COOK PRESIDENT & CEO 35.00 5.00 X 621904 0 35909 DONALD FISHER COO 35.00 5.00 X 160283 0 11861 TRACEY JENNINGS 121-1231 COO 35.00 5.00 X 18756 0 940 CHRIS MARKWITH CFO 35.00 5.00 X 266015 0 27128 JOHN P ROBINSON VP 35.00 5.00 X 237604 0 30826 1304562 0 106664 4 0 1 0 ARAMARK SERVICES PO BOX 978839 DALLAS TX 75397 CORP OFFICE LEASE 908964 GREENBRIAR DEVELOPMENT 3232 MCKINNEY AVE SUITE 1160 DALLAS TX 75204 CONSULTING 861531 CENTURY CONSTRUCTION COMPANY 7416 FOREST HILL AVE RICHMOND VA 23225 CONTACTOR 663317 SFCS INC 305 SOUTH JEFFERSON STREET ROANOKE VA 240112033 CONSULTING 571506 CONVERGENT TECHNOLOGIES GROUP LLC PO BOX 73682 NORTH CHESTERFIELD VA 23235 IT SERVICES 513131 5 492800 492800 CORPORATE INCOME 561000 7232499 7232499 7232499 1095679 1095679 8820978 7232499 0 1095679 2300000 2300000 1250239 1137717 112522 2156105 2156105 55847 30157 24573 1117 177902 96068 78276 3558 777747 336822 440925 863744 863744 136716 136716 62256 62256 252242 252242 189478 189478 1127216 1127216 OTHER EXPENSES 187336 118222 69114 9536828 6541810 2436896 558122 23413156 23766905 813644 860036 2789955 1641703 1326565 1148252 24425776 28316526 880973 751828 16049353 11318362 66909467 66161909 3765733 3854963 10223758 9198349 46054686 53502961 60044177 66556273 X 2267246 -5397841 4598044 5003477 6865290 -394364 66909467 66161909 X -715850 -6591602 47798 X 0 1 X 1 0 X X 5 CULPEPER BAPTIST RETIREMENT COMMUNITY INC 521368412 10 1 0 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 521368408 10 1 0 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC 521368410 10 1 0 0 THE GLEBE INC 541917966 10 1 0 0 LYNCHBURG BAPTIST RETIREMENT COMMUNITY LLC 871532163 10 0 0 0 5 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5388249 223241 5611490 5265183 123066 5388249 5396282 58293 -189392 5265183 5335266 102715 -41699 5396282 5264415 49009 21842 5335266 0 1 1 459010 459010 359740 537471 -177731 1584855 1104232 480623 386350 386350 1148252 INVESTMENT ASSETS WHOSE USE IS LIMITED 495079 F BENEFICIAL INTEREST IN PERPETUAL TRUST 4698531 F INVESTMENTS UNDER BOND INDENTURE AGREEMENT 6218208 F OTHER INVESTMENTS 16904708 F 28316526 DUE FROM AFFILIATES 9737132 DEPOSITS AND OTHER 1581230 11318362 DUE TO AFFILIATES 53502961 53502961 X PART V, LINE 4: VIRGINIA BAPTIST HOMES FOUNDATION, INC., A RELATED ORGANIZATION, HOLDS AND ADMINISTERS ENDOWMENTS FOR ALL OF THE RELATED ORGANIZATIONS LISTED IN SCHEDULE R. THE ENDOWMENTS ARE TO BE USED TOWARDS THE CONTINUATION OF RESIDENT SERVICES. THE AMOUNTS SHOWN IN PART V REPRESENT THE AGGREGATE BALANCE OF THE DONOR-RESTRICTED ASSETS HELD BY THE FOUNDATION ON BEHALF OF ALL RELATED ORGANIZATIONS. PART X, LINE 2: 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. 0 VIRGINIA BAPTIST HOMES FOUNDATION 1900 LAUDERDALE DR RICHMOND VA 23238 521373103 501(C)(3) 2300000 0 TO SUPPORT THE CHARITABLE ACTIVITIES OF THE LIFESPIRE ENTITIES 1 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANT FUNDS SOLELY TO THE ORGANIZATIONS THAT IT SUPPORTS AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION. X X 0 1 0 1 1 1 1 1 0 JONATHAN COOK PRESIDENT & CEO 387717 0 234187 0 0 0 26000 0 9909 0 657813 0 0 0 CHRIS MARKWITH CFO 230015 0 36000 0 0 0 26000 0 1128 0 293143 0 0 0 JOHN P ROBINSON VP 179952 0 57652 0 0 0 19500 0 11326 0 268430 0 0 0 DONALD FISHER COO 139662 0 20621 0 0 0 7186 0 4675 0 172144 0 0 0 PART I, LINE 4B J COOK 457(F) $75,539 PART I, LINE 5 EFFECTIVE IN 2016 THE BOARD OF TRUSTEES IMPLEMENTED AN INCENTIVE COMPENSATION PLAN BASE ON SEVERAL SPECIFIED FACTORS, ONE OF WHICH IS ADJUSTED NET OPERATING INCOME. PART I, LINE 6 A PORTION OF MR. JOHN P. ROBINSON'S COMPENSATION IS NON-FIXED AND IS BASED UPON THE AMOUNT OF NET ENTRY FEES COLLECTED FROM RESIDENTS. MR. ROBINSON IS THE ORGANIZATION'S VICE PRESIDENT OF MARKETING AND PUBLIC RELATIONS. PART I, LINE 7 SEE PART I, LINE 6 DESCRIPTION ABOVE. A EDA OF NEWPORT NEWS 521290859 65225PAM8 2016-10-12 91459243 TO REFUND 2006 TAX-EXEMPT BONDS AND SECURED DEBT 0 0 1 A 3471194 5998659 251296 56237 5942422 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THIS FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, AND CONTROLLER, IN CONSULTATION AS NECESSARY WITH THE ORGANIZATION'S AUDIT/ACCOUNTING FIRM AND PREPARER. 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 ALL POSITIONS OTHER THAN THE CEO AND OFFICERS ARE REVIEWED AND BENCHMARKED BY A THIRD PARTY, LOCKTON. THEIR RECOMMENDATIONS ARE PROVIDED TO MANAGEMENT IN EVALUATING SALARY INCREASE AND ANNUAL MERIT INCREASES FOR ALL TEAM MEMBERS. 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. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF PERPETUAL TRUSTS 405,433. LOSS ON INVESTMENT IN JOINT VENTURE -357,635. 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