2018-02-13T14:00:48-05:00 2017-03-31 263762434 HOSKINS QUIROS OSBORNE LABEAUME CPA LLC 926 LAKE BALDWIN LN ORLANDO FL 32814 990 2016-04-01 237414048 WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION INC WEST 4078395050 80 W LUCERNE CIRCLE ORLANDO FL 32801 HENRY T KEITH SENIOR VP/TREASURER 4078395050 2018-02-13 true RUSSELL K HOSKINS P00533774 4072773000 2018-02-12 C4E61175DBA6A5AC5DC80957DAB672890487ADC7 8C7CBD04BF0866775D5EEE92295AAE53CE630D3A 2016 2021-01-29 14:40:06Z HENRY T KEITH 80 W LUCERNE CIRCLE ORLANDO FL 32801 34046833 false X N/A X 1974 FL WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION SEPARATE FROM WESTMINSTER RETIREMENT COMMUNITIES, INC. AND ITS AFFILIATES, ESTABLISHED TO PROVIDE CHARITABLE FUNDS FOR THE SUPPORT OF NEEDY PERSONS, PROJECTS, AND PROGRAMS AT RETIREMENT COMMUNITIES AND HEALTH CARE FACILITIES OWNED, OPERATED AND MANAGED BY WESTMINSTER RETIREMENT COMMUNITIES, INC. AND PRESBYTERIAN RETIREMENT COMMUNITIES, INC. ALL ENDOWMENT FUNDS, BENEVOLENT ASSISTANCE FOR RESIDENTS, INVESTMENTS, AND CERTAIN RELATED LIABILITIES ARE MAINTAINED BY THE FOUNDATION. ALL MEMBERS OF WESTMINSTER RETIREMENT COMMUNITIES, INC.'S BOARD OF DIRECTORS ARE ALSO THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. 16 16 0 0 7649600 1226296 0 3710169 2356081 0 11359769 3582377 1937088 2218380 0 0 0 252832 361169 361184 2298257 2579564 9061512 1002813 74568940 80251004 2646793 2661163 71922147 77589841 X WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION SEPARATE FROM WESTMINSTER RETIREMENT COMMUNITIES, INC. AND ITS AFFILIATES, ESTABLISHED TO PROVIDE CHARITABLE FUNDS FOR THE SUPPORT OF NEEDY PERSONS, PROJECTS, AND PROGRAMS AT RETIREMENT COMMUNITIES AND HEALTH CARE FACILITIES OWNED, OPERATED AND MANAGED BY WESTMINSTER RETIREMENT COMMUNITIES, INC. AND PRESBYTERIAN RETIREMENT COMMUNITIES, INC. ALL ENDOWMENT FUNDS, BENEVOLENT ASSISTANCE FOR RESIDENTS, INVESTMENTS, AND CERTAIN RELATED LIABILITIES ARE MAINTAINED BY THE FOUNDATION. ALL MEMBERS OF WESTMINSTER RETIREMENT COMMUNITIES, INC.'S BOARD OF DIRECTORS ARE ALSO THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. false false 2218380 2218380 GRANTS TO PRESBYTERIAN RETIREMENT COMMUNITIES, INC., WESTMINSTER RETIREMENT COMMUNITIES, INC. AND THEIR AFFILIATES. 2218380 true true false false false false false false false true false false false false true true true true false false false false false false false false false true false true false false false false false false false false true true false false false true true true false false true 0 0 false 0 false false false false false false false false false false false false X 16 16 false true false false true true true true true false false false true true true true true true true false X WESTMINSTER SERVICES INC 4078395050 80 W LUCERNE CIRCLE ORLANDO FL 32801 X MARJORIE PHILLIPS CHAIRMAN / P 0.25 X X 0 0 0 STEPHEN DYE SECRETARY/DI 0.25 X X 0 0 0 EDWARD AMLEY DIRECTOR 0.25 X 0 0 0 DONALD DODDRIDGE DIRECTOR 0.25 X 0 0 0 JOHN HILLENMEYER DIRECTOR 0.25 X 0 0 0 JAMES BOGNER DIRECTOR 0.25 X 0 0 0 WILLIAM BELL DIRECTOR 0.25 X 0 0 0 BRUCE MAY DIRECTOR 0.25 X 0 0 0 THOMAS SHAFER DIRECTOR 0.25 X 0 0 0 HOWARD MORGAN DIRECTOR 0.25 X 0 0 0 STEWART HALL DIRECTOR 0.25 X 0 0 0 JOANN NOLIN DIRECTOR 0.25 X 0 0 0 GREG BUSTLE DIRECTOR 0.25 X 0 0 0 MARSHALL GUNN DIRECTOR 0.25 X 0 0 0 ROBERT STEWART DIRECTOR 0.25 X 0 0 0 JEFFREY MOCK DIRECTOR 0.25 X 0 0 0 ROGER STEVENS EXEC VP/ASSI 40.00 X 0 503515 7433 HENRY T KEITH SENIOR VP/TR 40.00 X 0 385411 10291 888926 17724 false true false WESTMINSTER SERVICES INC 80 W LUCERNE CIRCLE ORLANDO FL 32801 MANAGEMENT SERV 360000 1 1226296 64358 1226296 1989342 1989342 30831195 30464456 366739 366739 366739 3582377 2356081 2218380 2218380 361184 108352 252832 2579564 2218380 108352 252832 467989 253359 7091341 6680317 314755 347874 61421562 70284559 5273293 2684895 74568940 80251004 2646793 2661163 2646793 2661163 X 29147930 32643302 14247524 16050605 28526693 28895934 71922147 77589841 74568940 80251004 1002813 5427855 -762974 X false true X true false X X 2 WESTMINSTER RETIREMENT COMMUNITIES INC AND AFFILIATES 311682149 10 false 25487 9906 PRESBYTERIAN RETIREMENT COMMUNITIES INC AND AFFILIATES 590931267 10 false 2128535 54452 2 2154022 64358 2579023 2129007 12624849 7649600 1226296 26208775 2579023 2129007 12624849 7649600 1226296 26208775 26208775 2124825 1964262 1871549 1500266 1989342 9450244 35659019 0.73500 0.74940 X true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28526693 369241 28895934 26915684 1611009 28526693 24259554 2656130 26915684 23594295 665259 24259554 22770766 823529 23594295 1.00000 true false ANNUITY LIABILITY 2661163 2661163 X 8247258 5427855 5427855 2819403 762974 762974 3582377 2579564 2579564 2579564 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S SPENDING POLICY OBJECTIVE IS TO SUPPORT CURRENT OPERATIONS AND PROVIDE BENEVOLENT ASSISTANCE TO THOSE RESIDENTS WHO ARE IN FINANCIAL NEED, WHILE PROTECTING THE VALUE AGAINST THE EXPECTED IMPACT OF INFLATION AND PROVIDE GROWTH FOR FUTURE CASH FLOWS NEEDS AND OTHER DESIGNATED PURPOSES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. AS OF MARCH 31, 2017, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS, WITH CERTAIN EXCEPTIONS, BY U.S. FEDERAL TAXING AUTHORITIES FOR ANY TAX YEARS PRIOR TO THE LAST THREE TAX YEARS. false PRESBYTERIAN RETIREMENT COMMUNITIES 80 W LUCERNE CIRCLE ORLANDO FL 32801 590931267 3 1111216 54452 FMV HOUSEHOLD/PIANO BENEVOLENT ASSISTANC WESTMINSTER SERVICES INC 80 W LUCERNE CIRCLE ORLANDO FL 32801 593614812 3 250081 300 FMV HOUSEHOLD BENEVOLENT ASSISTANC SUNCOAST MANOR RETIREMENT COMMUNITY 6909 9TH STREET S ST PETERSBURG FL 33705 590991279 3 145710 2000 FMV HOUSEHOLD BENEVOLENT ASSISTANC WESTMINSTER SHORES INC 125 56TH AVE ST ST PETERSBURG FL 33705 590714826 3 285654 BENEVOLENT ASSISTANC PALM SHORES RETIREMENT COMMUNITY 830 NORTH SHORE DR ST PETERSBURG FL 33701 583725912 3 50432 200 FMV HOUSEHOLD BENEVOLENT ASSISTANC WESLEY MANOR INC 25 SR 13 JACKSONVILLE FL 32259 590872675 3 275536 7406 FMV HOUSEHOLD / ART BENEVOLENT ASSISTANC RIVERSIDE PRESBYTERIAN HOUSE INC 2020 PARK ST JACKSONVILLE FL 32204 591361949 3 25679 BENEVOLENT ASSISTANC SUNCOAST MANOR FOUNDATION INC 80 W LUCERNE CIRCLE ORLANDO FL 32801 593671288 3 8454 BENEVOLENT ASSISTANC 8 false false false false false false false false false ROGER STEVENS EXEC VP/ASSIST SECRE 347479 89376 66660 4990 2443 510948 HENRY T KEITH SENIOR VP/TREASURER 281481 67675 36255 3824 6467 395702 SCHEDULE J, PAGE 1, PART I, LINE 3 THE ORGANIZATION RELIED ON A RELATED ORGANIZATION (WESTMINSTER SERVICES, INC. 59-3614812) FOR THE COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. X 4 325 COMPARABLE SALES / COST X 18033 COMPARABLE SALES / COST X GOLF CART 1 3000 COMPARABLE SALES / COST X GRAND PIANO 1 43000 OPINION OF EXPERT false true false FORM 990 - ORGANIZATION'S MISSION WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION SEPARATE FROM WESTMINSTER RETIREMENT COMMUNITIES, INC. AND ITS AFFILIATES, ESTABLISHED TO PROVIDE CHARITABLE FUNDS FOR THE SUPPORT OF NEEDY PERSONS, PROJECTS, AND PROGRAMS AT RETIREMENT COMMUNITIES AND HEALTH CARE FACILITIES OWNED, OPERATED AND MANAGED BY WESTMINSTER RETIREMENT COMMUNITIES, INC. AND PRESBYTERIAN RETIREMENT COMMUNITIES, INC. ALL ENDOWMENT FUNDS, BENEVOLENT ASSISTANCE FOR RESIDENTS, INVESTMENTS, AND CERTAIN RELATED LIABILITIES ARE MAINTAINED BY THE FOUNDATION. ALL MEMBERS OF WESTMINSTER RETIREMENT COMMUNITIES, INC.'S BOARD OF DIRECTORS ARE ALSO THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990 ALL OF WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC.'S FUNDRAISING ACTIVITIES ARE FUNDED BY WESTMINSTER SERVICES, INC. (59-3614812). WESTMINSTER SERVICES, INC.'S FUNDRAISING COSTS ARE APPROXIMATELY 1,204,013. WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. PAID WESTMINSTER SERVICES, INC. MANAGEMENT FEES OF 360,000. BOND OBLIGATIONS: THE FOLLOWING TAX-EXEMPT BONDS WERE ISSUED FOR "THE OBLIGATED GROUP" LISTED BELOW. EACH MEMBER OF THE OBLIGATED GROUP HAS RECORDED THEIR PORTION OF THE BONDS BASED ON THE EXPECTED USE OF THE BOND PROCEEDS. ALL MEMBERS OF THE OBLIGATED GROUP ARE INDIVIDUALLY AND COLLECTIVELY OBLIGATED UNDER THE TERMS OF THE BONDS. WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. HAS NOT RECEIVED ANY PROCEEDS FROM THE BOND ISSUES. BOND ISSUES: ISSUER NAME DATE ISSUED ISSUE PRICE 2010A ST. JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTH 8/04/10 111,747,713 2010B ST. JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTH 8/04/10 25,000,000 2014 ORANGE COUNTY HEALTH FACILITIES AUTHORITY 7/02/14 49,158,980 2015 ORANGE COUNTY HEALTH FACILITIES AUTHORITY 6/15/15 48,668,087 2016 ORANGE COUNTY HEALTH FACILITIES AUTHORITY 12/15/16 176,065,533 OBLIGATED GROUP MEMBERS AND EMPLOYER IDENTIFICATION NUMBERS (EIN): PRESBYTERIAN RETIREMENT COMMUNITIES, INC. 59-0931267 WESTMINSTER SHORES, INC. 59-0714826 SUNCOAST MANOR RETIREMENT COMMUNITY, INC. 59-0991279 WESLEY MANOR, INC. 59-0872675 PALM SHORES RETIREMENT COMMUNITY, INC. 58-3725912 WESTMINSTER RETIREMENT COMMUNITIES FOUNDATION, INC. 23-7414048 WESTMINSTER SERVICES, INC. 59-3614812 FORM 990, PAGE 6, PART VI, LINE 3 THE BOARD OF DIRECTORS DELEGATED CONTROL OF MANAGEMENT DUTIES TO WESTMINSTER SERVICES, INC. AN AFFILIATED NOT-FOR-PROFIT. FORM 990, PAGE 6, PART VI, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS WESTMINSTER RETIREMENT COMMUNITIES, INC. FORM 990, PAGE 6, PART VI, LINE 7A WESTMINSTER RETIREMENT COMMUNITIES, INC. MAY ELECT ONE OR MORE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B WESTMINSTER RETIREMENT COMMUNITIES, INC. MUST APPROVE DISSOLUTION OF THE ORGANIZATION, SALE OF SUBSTANTIAL ASSETS, NEW BOARD MEMBERS OR REPLACEMENT OF THE MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 11B THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY BY THE BOARD OF DIRECTORS, OFFICERS AND EMPLOYEES. WITH A CENTRALIZED ACCOUNTS PAYABLE AND PAYROLL SYSTEM, THE MANAGEMENT COMPANY MONITORS ALL PAYMENTS AND TRANSACTIONS WITH VENDORS. IN ADDITION, THE ORGANIZATION HAS A TOLL-FREE COMPLIANCE HOTLINE THAT CAN BE USED BY BOARD MEMBERS OR STAFF TO REPORT ANY ISSUES. FORM 990, PAGE 6, PART VI, LINE 15A SEE BELOW FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION UTILIZES NUMEROUS SALARY SURVEYS WITH LIKE-KIND ORGANIZATIONS TO DETERMINE THE PROPER SALARY/WAGE AMOUNT FOR EACH EMPLOYEE. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII AVERAGE HOURS PER WEEK ARE SHARED BETWEEN THE RELATED ORGANIZATIONS OF WESTMINSTER RETIREMENT COMMUNITIES, INC. AND PRESBYTERIAN RETIREMENT COMMUNITIES, INC. ASBURY ARMS NORTH INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593486188 HUD COMM FL 501C3 10 NA true ASBURY ARMS INC 80 WEST LUCERNE CIR ORLANDO FL 32801 237070334 HUD COMM FL 501C3 10 NA true GATEWAY TERRACE INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591163698 HUD COMM FL 501C3 10 NA true GEORGIA BELLE APARTMENTS INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591300852 HUD COMM FL 501C3 10 NA true LOUTTIT MANOR INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591163560 HUD COMM FL 501C3 10 NA true MAGNOLIA TOWERS INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591115878 HUD COMM FL 501C3 10 NA true PALM SHORES RETIREMENT COMM INC 80 WEST LUCERNE CIR ORLANDO FL 32801 583725912 HOME AGED FL 501C3 10 NA true PENSACOLA RETIRE VILLAGE III INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593369240 HUD COMM FL 501C3 10 NA true PENSACOLA RETIRE VILLAGE IV INC 80 WEST LUCERNE CIR ORLANDO FL 32801 550855004 HUD COMM FL 501C3 10 NA true PENSACOLA RETIRE VILLAGE V INC 80 WEST LUCERNE CIR ORLANDO FL 32801 562372327 HUD COMM FL 501C3 PF NA true PENSACOLA RETIRE VILLAGE INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591802496 HUD COMM FL 501C3 10 NA true PRESBYTERIAN RETIREMENT COMMUNITIES 80 WEST LUCERNE CIR ORLANDO FL 32801 590931267 HOME AGED FL 501C3 10 NA true RIVERSIDE PRESBYTERIAN APARTMENTS 80 WEST LUCERNE CIR ORLANDO FL 32801 596196718 HUD COMM FL 501C3 10 NA true RIVERSIDE PRESBYTERIAN HOUSE INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591361949 HUD COMM FL 501C3 10 NA true SUNCOAST MANOR FOUNDATION INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593671288 HUD COMM FL 501C3 12A NA true SUNCOAST MANOR RETIREMENT COMM INC 80 WEST LUCERNE CIR ORLANDO FL 32801 590991279 HOME AGED FL 501C3 10 NA true WESLEY MANOR INC 80 WEST LUCERNE CIR ORLANDO FL 32801 590872675 HOME AGED FL 501C3 10 NA true WESTMINSTER ASBURY EAST INC 80 WEST LUCERNE CIR ORLANDO FL 32801 352393493 HUD COMM FL 501C3 10 NA true WESTMINSTER FOUNDATION III INC 80 WEST LUCERNE CIR ORLANDO FL 32801 383842959 HUD COMM FL 501C3 10 NA true WESTMINSTER PINES INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593725902 HOME AGED FL 501C3 10 NA true WESTMINSTER RETIRE COMM INC 80 WEST LUCERNE CIR ORLANDO FL 32801 311682149 PARENT CO FL 501C3 12A NA true WESTMINSTER SENIOR SERVICES 80 WEST LUCERNE CIR ORLANDO FL 32801 593725901 SENIOR SVC FL 501C3 10 NA true WESTMINSTER SERVICES INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593614812 MANAGEMENT FL 501C3 12A NA true WESTMINSTER SHORES INC 80 WEST LUCERNE CIR ORLANDO FL 32801 590714826 HOME AGED FL 501C3 10 NA true WHITE SANDS MANOR II INC 80 WEST LUCERNE CIR ORLANDO FL 32801 593669591 HUD COMM FL 501C3 10 NA true WHITE SANDS MANOR INC 80 WEST LUCERNE CIR ORLANDO FL 32801 591998019 HUD COMM FL 501C3 10 NA true true true false true false false false false false false false false true false true true true false false WESTMINSTER SENIOR SERVICES INC A 2810 WESTRETCOMMFOUND RECORDS LOUTTIT MANOR INC A 7993 WESTRETCOMMFOUND RECORDS SUNCOAST MANOR FOUNDATION INC A 213659 WESTRETCOMMFOUND RECORDS PALM SHORES RETIREMENT COMM INC B 50632 WESTRETCOMMFOUND RECORDS PRESBYTERIAN RETIREMENT COMM INC B 1165668 WESTRETCOMMFOUND RECORDS SUNCOAST MANOR RETIREMENT COMM INC B 147710 WESTRETCOMMFOUND RECORDS WESLEY MANOR INC B 282942 WESTRETCOMMFOUND RECORDS WESTMINSTER SHORES INC B 285654 WESTRETCOMMFOUND RECORDS WESTMINSTER SERVICES INC B 250381 WESTRETCOMMFOUND RECORDS WESTMINSTER SENIOR SERVICES INC D -88004 WESTRETCOMMFOUND RECORDS SUNCOAST MANOR FOUNDATION INC D 78109 WESTRETCOMMFOUND RECORDS WESTMINSTER SERVICES INC M 360000 WESTRETCOMMFOUND RECORDS WESTMINSTER SERVICES INC Q 617774 WESTRETCOMMFOUND RECORDS SUNCOAST MANOR RETIREMENT COMM INC Q 161450 WESTRETCOMMFOUND RECORDS WESLEY MANOR INC Q 271142 WESTRETCOMMFOUND RECORDS PRESBYTERIAN RETIREMENT COMM INC P 2270489 WESTRETCOMMFOUND RECORDS WESTMINSTER SHORES INC Q 278931 WESTRETCOMMFOUND RECORDS GATEWAY TERRACE INC Q 3535427 WESTRETCOMMFOUND RECORDS