2016-08-01T16:45:37-05:00 2015-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2014-10-01 540988608 WESTMINSTER-CANTERBURY OF LYNCHBURG INC WEST 4343863533 501 VES ROAD LYNCHBURG VA 24503 PAUL SHELTON VP & TREASURER 4343863533 2016-08-01 1 JOHN NORMAN P01506766 7049985200 2014 2016-12-15 16:53:06Z WESTMINISTER-CANTERBURY OF LYNCHBURG PAUL SHELTON 501 VES ROAD LYNCHBURG VA 24503 27079912 0 X WWW.WCLYNCHBURG.ORG X 1975 VA TO OPERATE A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY GUIDED BY CHRISTIAN IDEALS. 16 16 547 220 8195 -5680 236569 208646 24124785 25273673 615248 974798 680030 622795 25656632 27079912 280490 258700 0 0 12989072 13408858 0 0 269425 11221814 11257420 24491376 24924978 1165256 2154934 68310307 68524200 73589180 74997435 -5278873 -6473235 THE MISSION OF WCL IS TO OPERATE A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY GUIDED BY CHRISTIAN IDEALS WHICH PROMOTE INDEPENDENCE AND DIGNITY, PROVIDING QUALITY HOUSING, HEALTH CARE AND SECURITY TO RESIDENTS IN A FISCALLY RESPONSIBLE MANNER. 0 0 23394848 258700 25896468 WCL IS DESIGNED TO OPERATE A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY, GUIDED BY CHRISTIAN IDEALS WHICH PROMOTE INDEPENDENCE AND DIGNITY, PROVIDING QUALITY HOUSING, HEALTH CARE AND SECURITY TO RESIDENTS IN A FISCALLY RESPONSIBLE MANNER WCL HAD 283 TOTAL RESIDENTS AT SEPTEMBER 30, 2015 WITH 92.50% OF THE INDEPENDENT LIVING UNITS OCCUPIED WCL IS COMMITTED TO A PROGRAM OF SERVICES WHICH PROVIDES RESIDENTS WITH HOUSING, HEALTHCARE, SECURITY AND A VARIETY OF ACTIVITIES AND SERVICES. 23394848 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 64 0 1 547 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X PAUL SHELTON 4343863533 501 VES ROAD LYNCHBURG VA 24503 ROBERT R CHAPMAN III TRUSTEE 2.00 X 0 0 0 WILLIAM E GAYLE JR MD TRUSTEE 2.00 X 0 0 0 HUGH J M JONES III TRUSTEE 2.00 X 0 0 0 MR MAX GUGGENHEIMER JR TRUSTEE 2.00 X 0 0 0 KATHARINE B CHASE TRUSTEE 2.00 X 0 0 0 PAMELA S BRADFORD TRUSTEE 2.00 X 0 0 0 MR JAMES E BURTON IV TRUSTEE 2.00 X 0 0 0 MR MARTIN TOLHOEK TRUSTEE 2.00 X 0 0 0 MS ELIZABETH M ZELLNER TRUSTEE 2.00 X 0 0 0 MS NANCY T BROCKMAN TRUSTEE 2.00 X 0 0 0 MS BETTY B OLIVER TRUSTEE 2.00 X 0 0 0 J ROBERT MONTGOMERY TRUSTEE 2.00 X 0 0 0 ROBERT P BROWN JR TRUSTEE 2.00 X 0 0 0 GORHAM B WOOD TRUSTEE 2.00 X 0 0 0 JEFFREY W WILSON MD TRUSTEE 2.00 X 0 0 0 ROBERT G BASS TRUSTEE 2.00 X 0 0 0 ELIZABETH J LIPSCOMB TRUSTEE 2.00 X 0 0 0 SEAN HUYETT PRESIDENT & CEO 40.00 X 190159 0 12934 JOSEPH P PAYNE SENIOR VP 40.00 X 133701 0 4512 PAUL SHELTON VP & CFO 40.00 X 132036 0 14424 LIZ KAIL VP HEALTHCARE 40.00 X 107698 0 5918 563594 0 37788 4 0 1 0 SODEXO 9801 WASHINGTON BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICES 265576 1 208646 208646 RESIDENTIAL SVCS 623000 13470434 13470434 HEALTH CARE SVCS 623000 7642355 7642355 ASSISTED LIVING & MEMORY SUPPORT 623000 2701933 2701933 COMMUNITY SVCS 623000 1458951 1458951 25273673 563410 8195 555215 411388 0 411388 411388 411388 MEALS AND LODGING 623000 384036 384036 BEAUTY SHOP 623000 159071 159071 HIGHSPEED INTERNET 623000 30695 30695 48993 48993 622795 27079912 25896468 8195 966603 258700 258700 582142 119339 390035 72768 10198248 9647543 377335 173370 1830258 1757048 73210 798210 766282 23946 7982 17659 17659 40262 38652 1610 49918 47921 1997 274709 263721 10988 94113 90349 1882 1882 906225 869976 29905 6344 1218068 1169345 47505 1218 124476 119497 2738 2241 1203854 1155700 48154 3059847 2937453 122394 RAW FOOD EXPENSE 1270991 1220151 50840 THERAPY 857990 857990 SODEXO FEES 698280 670349 27931 PHARMACY 536138 536138 904890 868694 32576 3620 24924978 23394848 1260705 269425 11924900 11425008 689334 990717 151834 188570 70999 97937 81679963 46120232 34600566 35559731 7189587 7842908 13683087 12419329 68310307 68524200 5333074 6308173 38371618 40688624 24335612 23410859 5548876 4589779 73589180 74997435 X -8665023 -10625511 1292983 1585524 2093167 2566752 -5278873 -6473235 68310307 68524200 X 2154934 -1805000 -50329 -1493967 X X 0 1 X 1 0 X 181798 168006 106038 236569 208646 901057 22552551 22898535 23624937 24124785 25273673 118474481 22734349 23066541 23730975 24361354 25482319 119375538 0 0 0 119375538 339045 385083 472399 680030 563410 2439967 339045 385083 472399 680030 563410 2439967 723763 794844 732934 680030 626661 3558232 23797157 24246468 24936308 25721414 26672390 125373737 0.95220 0.95240 0.01950 0.01760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 437817 437817 67021305 39456275 27565030 11602837 5922610 5680227 2618004 741347 1876657 35559731 R&R S/T INVEST M/M 1129163 F LONGTERM INVESTMENT ACCOUNT UNRESTRICTED 6713745 F 7842908 OTHER RECEIVABLES 92790 TRUSTS HELD BY OTHERS 2664008 EMPLOYEE EDUCATION 37441 OTHER ASSETS LIMITED AS TO USE 8795300 OTHER ASSETS/DEFERRED 829790 12419329 REFUNDABLE RESERVATION DEPOSIT 204600 ADVANCE FEE DEPOSITS 54598 REFUNDABLE ADVANCE FEES 3657515 ANNUITIES PAYABLE 552487 MISCELLANEOUS 120579 4589779 X PART V, LINE 4: . PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3). WESTMINSTER CANTERBURY OF LYNCHBURG, INC. FILES AS A TAX EXEMPT ORGANIZATION. SHOULD ANY STATUS BE CHALLENGED IN THE FUTURE, THE 2012, 2013, AND 2014 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE TAX EXEMPT STATUS OF THE ORGANIZATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE ORGANIZATION. WESTMINSTER CANTERBURY OF LYNCHBURG, INC. FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE CORPORATION'S CONSOLIDATED FINANCIAL STATEMENTS. 1 RESIDENTIAL FEE ASSISTANCE TO RESIDENTS 11 258700 PART I, LINE 2: THE FELLOWSHIP FUNDS OF THE ORGANIZATION RESULT FROM DONATIONS AND FROM BOARD DESIGNATION OF UNRESTRICTED FUNDS FOR THE PURPOSE OF ASSISTING THOSE RESIDENTS WHO OTHERWISE WOULD NOT BE ABLE TO AFFORD TO RESIDE AT THE ORGANIZATION. THE ORGANIZATION HAS DETAILED WRITTEN GUIDELINES TO DETERMINE WHAT, IF ANY, OF THIS ASSISTANCE WILL BE GRANTED TO A RESIDENT. ONCE GRANTED, THE RESIDENTS FINANCIAL INFORMATION IS REVIEWED ANNUALLY TO DETERMINE IF THEY STILL QUALIFY OR ANY CHANGES ARE NECESSARY. 0 0 0 0 0 0 0 0 0 SEAN HUYETT PRESIDENT & CEO 183659 0 0 0 6500 0 5473 0 7461 0 203093 0 0 0 A INDUSTRIAL DEVELOPMENT AUTHORITY CITY OF LYNC 541225193 551244DP8 2005-04-21 5645000 REFUNDING- 1996 SERIES 0 0 0 B INDUSTRIAL DEVELOPMENT AUTHORITY CITY OF LYNC 541225193 551244EP7 2007-02-07 24225000 REFUNDING - 2001 SERIES 0 0 0 A 3560000 5607239 650414 112145 4844680 1 0 1 1 B 2840000 24154084 1707782 482101 21964201 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 0 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 6 WC HAS TWO MEMBER CORPORATIONS WESTMINISTER PRESBYTERIAN HOMES, INC, AN ORGANIZATOIN OF THE SYNOD OF THE VIRGINIAS OF THE PREBYTERIAN CHURCH, USA AND SOUTHWESTERN EPISCOPAL HOMES, INC, AN ORGANIZATION OF THE DIOCESE OF SOUTHWESTERN VIRGINIA, PART OF THE PROTESTANT EPISCOPAL CHURCH IN THE USA. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE, WHICH INCLUES RESIDENTS, IS RESPONSIBLE FOR REVIEWING THE FORM 990 IN DETAIL BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15: THE COMPENSATION PLAN IS A WELL STRUCTURED WAGE SCALE ADMINISTRATION PROGRAM DESIGNED BY SESCO MANAGEMENT CONSULTANTS, BRISTOL TN, A LEADING HR AND BENEFITS CONSULTANTS IN THE NATION. SESCO ESTABLISHED A 15 FACTOR EVALUATION PROGRAM FOR EVERY POSITION IN THE ORGANIZATION AND A RANGE OF COMPENSATION FOR EACH POSITION. EACH INDIVIDUAL GOES THROUGH AN ANNUAL PERFORMANCE REVIEW. A MARKET VALUE IS ALSO PLACED ON THE POSITION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AND PLACED IN THE RESIDENT LIBRARY. FORM 990, PART XI, LINE 9: AMOUNTS RELATED TO RECOGNITION OF MINIMUM PENSION LIABILITY -805,756. CHANGE IN FV OF PERPETUAL TRUST FUNDS -266,442. CHANGE IN FV OF BENEFICIAL TRUST FUNDS -104,640. RELEASE FROM RESTRICTION -108,596. CHANGE IN SPLIT VALUE INTEREST -50,764. DESIGNATED FUNDS -157,769. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE WESTMINSTER CANTERBURY OF LYNCHBURG FOUNDATION INC 501 VES ROAD LYNCHBURG VA 24503 205521424 TO SUPPORT THE MISSION OF WESTMINSTER CANTERBURY OF LYNCHBURG VA 501(C)(3) LINE 11A, I WESTMINSTER-CANTERBURY OF LYNCHBURG 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0