2020-06-22T07:30:21-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2018-07-01 521447069 WESTMINSTER-CANTERBURY OF THE BLUE RIDGE WEST 4349723170 250 PANTOPS MOUNTAIN RD CHARLOTTESVILLE VA 22911 ANNA D BUCHANAN CFO 4349723170 2020-05-13 1 JOHN NORMAN P01506766 7049985200 2020-05-13 67.137.57.251 2020-05-13 16:34:50 ED P 342F9A78B236F31EA20651B2CB1F369CFE165EE3 73572F2FD0196BD31C06FE7E9FA6FB27E59C8AD5 2018 2021-01-29 14:40:06Z GARY B SELMECZI 250 PANTOPS MOUNTAIN RD CHARLOTTESVILLE VA 22911 44777462 0 X WWW.WESTMINSTERCANTERBURY.ORG X 1985 VA PROVIDE HEALTH CARE, HOUSING AND RELATED SERVICES TO SENIORS THROUGH THE OPERATION OF A CCRC. 12 12 438 110 0 0 466647 283653 36307693 36962846 944227 941371 620005 443934 38338572 38631804 0 0 0 0 14617877 16736963 0 0 343279 20699561 20599318 35317438 37336281 3021134 1295523 192971349 190164445 184265505 179994276 8705844 10170169 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 29789787 37406780 DURING FISCAL YEAR 2019, WCBR PROVIDED HOUSING, HEALTH CARE, ACTIVITIES, MEALS AND OTHER SERVICES FOR AN AVERAGE OF 450 INDIVIDUALS WHO ARE TYPICALLY AGE 62 OR OLDER. WCBR HAS 275 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 FY19 WAS 264 (96%) WITH AN ADDITIONAL 96 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. 29789787 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 46 0 438 1 0 0 0 0 1 0 0 0 0 1 0 0 0 X 12 12 0 0 0 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 RD CHARLOTTESVILLE VA 22911 ALLISON M AGARWAL TRUSTEE 1.00 X 0 0 0 ANNA D BUCHANAN CFO/TREASURER 1.00 40.00 X X 0 0 0 BARBARA G MCMURRY TRUSTEE 1.00 X 0 0 0 CAROL HAM TRUSTEE 1.00 X 0 0 0 DAVID M OAKLAND TRUSTEE 1.00 X 0 0 0 DAVID MALONEY CHAIRMAN 1.00 X 0 0 0 DAVID W BARTON TRUSTEE 1.00 X 0 0 0 DEBORAH C DESMOND TRUSTEE 1.00 X 0 0 0 J BRIAN JACKSON TRUSTEE 1.00 X 0 0 0 JAMES A AVERY TRUSTEE 1.00 X 0 0 0 KATHERINE F WILLARD TRUSTEE 1.00 X 0 0 0 LAWRENCE J MARTIN TRUSTEE 1.00 X 0 0 0 LEONE CIPORIN TRUSTEE 1.00 X 0 0 0 MICHELLE HEREFORD TRUSTEE 1.00 X 0 0 0 MILDRED BEST TRUSTEE 1.00 X 0 0 0 PAMELA FITZGERALD TRUSTEE 1.00 X 0 0 0 ROBERT W TUCKER JR VICE-CHAIR 1.00 X 0 0 0 SHEILA TATE TRUSTEE 1.00 X 0 0 0 GARY B SELMECZI CEO/PRESIDENT 40.00 1.00 X 481206 0 46032 JOSEPH A GIRARDI CFO/ASST TREAS (THRU 10/1/18) 40.00 X 164369 0 16459 FRANCES BROWN RN 40.00 X 118972 0 17593 JOHN KOVALESKI VP - OPERATIONS 40.00 X 139527 0 19810 JOSIAH OSBORN FORMER HEALTHCARE ADMINISTRATOR 40.00 X 117611 0 19500 MARIA GRAHAM VP - MARKETING 40.00 X 153071 0 11405 MARYBETH SHOWALTER FORMER VP - HR 40.00 X 123418 0 25183 1298174 0 155982 7 0 1 0 ABRAHAMSE & COMPANY 325 WINDING RIVER LANE SUITE 202 CHARLOTTESVILLE VA 22911 APARTMENT AND COTTAGE RENOVATIONS 1021064 KAHLER SLATER INC 111 W WISCONSIN AVE MILWAUKEE WI 53203 ARCHITECTURAL SERVICES 906146 FLIK INTERNATIONAL PO BOX 7243 CHARLOTTESVILLE VA 22906 DINING SERVICES 716945 GENESIS REHABILITATION SERVICES PO BOX 821322 PHILADELPHIA PA 19182 PT, OT, AND ST THERAPY 682007 ADVANCED NETWORK SYSTEMS INC PO BOX 7222 CHARLOTTESVILLE VA 22906 IT NETWORK SUPPORT AND SERVICES 495679 20 283653 283653 PROGRAM REVENUE 623000 31290706 31290706 OTHER RESIDENTIAL SERVICES 623000 5672140 5672140 36962846 617029 617029 6470000 5491840 653818 978160 -653818 324342 324342 EXPENSE REIMBURSEMENT FROM FOUNDA 623000 253487 253487 MISCELLANEOUS 900000 190447 190447 443934 38631804 37406780 0 941371 X 645575 645575 12499555 10898356 1326782 274417 907740 907740 1791920 1558590 219188 14142 892173 778382 103441 10350 4079437 3110280 955349 13808 377138 306290 64597 6251 2147345 849105 1298240 87832 45234 34359 8239 2538058 2538058 8522371 8423093 95936 3342 394997 129357 265371 269 REAL ESTATE TAXES 1181380 1181380 SUPPLIES 931654 911240 16699 3715 MISCELLANEOUS EXPENSES 197533 121592 67602 8339 SMALL TOOLS & EXPENSES 96220 95800 420 45353 24410 20536 407 37336281 29789787 7203215 343279 2455227 1732956 426804 161632 280207 95446 189673 196445 216650876 87520672 133870429 129130204 39291260 40978564 16457749 17869198 192971349 190164445 4245303 3160840 72107042 71292561 73158614 69420685 34754546 36120190 184265505 179994276 X -561383 702033 8306859 8506768 960368 961368 8705844 10170169 192971349 190164445 X 1295523 -397326 566128 X X 0 1 X 1 0 X 3000 466647 283653 753300 29590356 31664901 34835361 36307693 36962848 169361159 29590356 31667901 34835361 36774340 37246501 170114459 0 12860571 12860571 12860571 12860571 157253888 208988 511743 319720 643919 617029 2301399 208988 511743 319720 643919 617029 2301399 669067 525437 581302 620005 443934 2839745 30468411 32705081 35736383 38038264 38307464 175255603 0.89730 0.85560 0.01310 0.01200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 960368 1000 961368 959843 525 960368 402554 557289 959843 402454 100 402554 402204 50 402454 1.00000 0 1 1 3710374 3710374 189166267 73636695 115529572 18783428 11840808 6942620 4990807 2043169 2947638 129130204 INVESTMENTS 38263012 F ASSETS LIMITED AS TO USE 2715552 F 40978564 DEPOSITS 799189 DEFERRED MARKETING COSTS 922086 INTEREST IN FOUNDATION 15541701 PENSION ASSET 606222 17869198 DEPOSITS 215000 INTEREST PAYABLE 576724 OTHER LIABILITIES 474027 ENTRY FEE REFUNDABLE 33788406 CAPITAL LEASE PAYABLE 116033 LINE OF CREDIT 950000 36120190 X PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD. UNDER THIS 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 X 0 1 0 0 0 0 0 0 0 GARY B SELMECZI CEO/PRESIDENT 335804 0 75000 0 70402 0 25534 0 20498 0 527238 0 0 0 JOSEPH A GIRARDI CFO/ASST TREAS (THRU 10/1/18) 164369 0 0 0 0 0 9878 0 6581 0 180828 0 0 0 JOHN KOVALESKI VP - OPERATIONS 139527 0 0 0 0 0 0 0 19810 0 159337 0 0 0 MARIA GRAHAM VP - MARKETING 143001 0 10070 0 0 0 2932 0 8473 0 164476 0 0 0 PART I, LINE 4B GARY B. SELMECZI PARTICIPATED IN A 457(F) PLAN AND RECEIVED PAYMENTS FROM THE PLAN TOTALLING $70,402. A ECONOMICAL DEVELOPMENT AUTHORITY OF ALBERMARLE COUNTY VIRGINIA 521297503 01266WAK2 2012-12-12 38265602 BUILD NEW INDEPENDENT LIVING AND RENOVATIONS 0 0 0 B ECONOMIC DEVELOPMENT AUTHORITY OF ALBEMARLE COUNTY VIRGINIA 521297503 NONEAVAIL 2016-06-29 20000000 REFINANCE 2015 DEBT & NEW MONIES FOR CAPITAL PROJECTS 0 0 0 C ECONOMIC DEVELOPMENT AUTHORITY OF ALBEMARLE COUNTY VIRGINIA 521297503 NONEAVAIL 2016-10-01 39500000 REFINANCE SERIES 2007 BONDS 0 0 0 A 19372405 38332405 1200084 1744327 765312 493734 39001535 2014 0 0 1 1 B 2297178 20054227 189239 5000000 14810761 2018 1 0 1 1 C 5437001 39500000 283637 39216363 1 0 1 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 C 0 1 1 1 0 0.01000 0.01000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 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. SCHEDULE K, PART II, COLUMN B, LINE 3 THE ADDITIONAL $54,227 IN PROCEEDS REPRESENTS INTEREST EARNED FROM THE DATE OF ISSUE THROUGH MAY, 2018. FORM 990, PART VI, SECTION B, LINE 11B CFO FULLY REVIEWS 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 FOR THE CEO, A COMPENSATION STUDY IS PERFORMED EVERY THREE YEARS BY A CONSULTANT AND PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW/ACTION. IN THE INTERVENING YEARS, A LESS FORMAL STUDY IS DONE BY A CONSULTANT. THE CONSULTANT COMPARES TO OTHERS IN THE AREA, THE STATE AND NATIONWIDE. THIS REVIEW WAS LAST PERFORMED IN 2017. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE ORGANIZATION HAS A CONSULTANT PERFORM A STUDY EVERY THREE YEARS ON ALL POSITIONS; THIS INCLUDES A FOCUSED REPORT ON OTHER OFFICERS/KEY EMPLOYEES TO ENSURE EXTERNAL COMPETIVENESS. THE LAST FULL REVIEW WAS COMPLETED IN JANUARY 2017 AND A MARKET UPDATE WAS PROVIDED IN MARCH 2018. THE RESULTS ARE REPORTED TO THE CEO AND CFO FOR BUDGETING/PLANNING PURPOSES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. THE ORGANIZATION ALSO POSTS ITS FORM 990 ON EMMA. 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 IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 3,110,280. MANAGEMENT AND GENERAL EXPENSES 955,349. FUNDRAISING EXPENSES 13,808. TOTAL EXPENSES 4,079,437. FORM 990, PART XI, LINE 9: DEFERRED ACTUARIAL PENSION GAIN 487,437. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 209,104. INCREASE IN BENEFICIAL INTEREST IN TEMPORARILY RESTRICTED NET ASSETS 199,909. DEFERRED MARKETING COSTS -331,322. INCREASE IN BENEFICIAL INTEREST IN PERMANENTLY RESTRICTED NET ASSETS 1,000. 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 283653 ACTUAL PAYMENT WESTMINSTER CANTERBURY OF THE BLUE RIDGE FOUNDATION Q 253487 ACTUAL PAYMENT