2015-08-07T08:07:19-05:00 2014-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2013-10-01 540988608 WESTMINSTER-CANTERBURY OF LYNCHBURG INC WEST 4343863533 501 VES ROAD LYNCHBURG VA 24503 PAUL SHELTON VP & TREASURER 4343863533 2015-08-06 1 JOHN NORMAN P01506766 7049985200 2013 2016-02-25 16:41:14Z WESTMINISTER-CANTERBURY OF LYNCHBURG PAUL SHELTON 501 VES ROAD LYNCHBURG VA 24503 25656632 0 X WWW.WCLYNCHBURG.ORG X 1975 VA 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. 16 16 545 2207 0 0 106038 236569 23624937 24124785 471874 615248 733459 680030 24936308 25656632 286490 280490 0 0 13047943 12989072 0 0 139064 11253290 11221814 24587723 24491376 348585 1165256 64724723 68310307 71438889 73589180 -6714166 -5278873 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 23116970 280490 24547683 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 288 TOTAL RESIDENTS AT SEPTEMBER 30, 2014 WITH 92.61% OF THE INDEPENDENT LIVING UNITS OCCUPIED WCL IS COMMITTED TO A PROGRAM OF SERVICES WHICH PROVIDE RESIDENTS WITH HOUSING, HEALTHCARE, SECURITY AND A VARIETY OF ACTIVITIES AND SERVICES. 23116970 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 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 77 0 545 0 0 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 SEAN HUYETT PRESIDENT & CEO 40.00 X 191120 0 40747 JOSEPH P PAYNE SENIOR VP 40.00 X 135151 0 14299 PAUL SHELTON VP & CFO 40.00 X 126571 0 13417 LIZ KAIL VP HEALTHCARE 40.00 X 109124 0 13475 561966 0 81938 4 0 1 0 SODEXO 9801 WASHINGTON BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICES 264776 1 7767 228802 236569 RESIDENTIAL SVCS 623000 12643286 12643286 HEALTH CARE SVCS 623000 7609149 7609149 ASSISTED LIVING & MEMORY SUPPORT 623000 2617146 2617146 COMMUNITY SVCS 623000 1255204 1255204 24124785 615248 615248 MEALS AND LODGING 623000 356978 356978 BEAUTY SHOP 623000 173360 173360 SATELITE TV INCOME 623000 19882 19882 129810 129810 680030 25656632 24804815 0 615248 280490 280490 562867 115388 377121 70358 9860609 9466184 364843 29582 1790008 1718408 71600 775588 744564 23268 7756 22857 22857 88347 84813 3534 60690 58262 2428 219148 210382 8766 187208 179720 3744 3744 748363 718428 24696 5239 1355566 1301343 52867 1356 111561 107099 2454 2008 1246324 1196471 49853 2819829 2707036 112793 216625 207960 8665 RAW FOOD EXPENSE 1234206 1184838 49368 THERAPY 804447 804447 SODEXHO FEES 729848 700654 29194 PHARMACY 523716 523716 853079 806767 27291 19021 24491376 23116970 1235342 139064 11764204 11924900 4002168 1093202 689334 151979 151834 627306 70999 77710369 43109803 33908791 34600566 7321152 7189587 5855921 13683087 64724723 68310307 5448378 5333074 34654196 38371618 25225368 24335612 0 0 6110947 5548876 71438889 73589180 X -9719619 -8665023 966875 1292983 2038578 2093167 -6714166 -5278873 64724723 68310307 X 1165256 645058 -375021 X X 0 1 X 1 0 X 92403 181798 168006 106038 236569 784814 20946857 22552551 22898535 23624937 24124785 114147665 21039260 22734349 23066541 23730975 24361354 114932479 0 0 0 114932479 242991 339045 385083 472399 680030 2119548 242991 339045 385083 472399 680030 2119548 695130 723763 794844 732934 680030 3626701 21977381 23797157 24246468 24936308 25721414 120678728 0.95240 0.95480 0.01760 0.01420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9096910 9096910 8545674 867798 316562 9096910 7792707 1134631 381664 8545674 8305796 48660 561749 7792707 7822202 558393 74799 8305796 1 0 437817 437817 65584322 37305231 28279091 847489 649207 198282 10184288 5155365 5028923 656453 656453 34600566 R&R S/T INVEST M/M 888458 F LONGTERM INVESTMENT ACCOUNT UNRESTRICTED 6301129 F 7189587 OTHER RECEIVABLES 425128 TRUSTS HELD BY OTHERS 3035090 EMPLOYEE EDUCATION 26578 OTHER ASSETS LIMITED AS TO USE 9246077 OTHER ASSETS/DEFERRED 950214 13683087 REFUNDABLE RESERVATION DEPOSIT 187400 DUE TO OPERATING ACCOUNT 168918 ADVANCE FEE DEPOSITS 50201 REFUNDABLE ADVANCE FEES 4422965 ANNUITIES PAYABLE 602890 MISCELLANEOUS 116502 5548876 X PART V, LINE 4: PART V, LINE 4: TO HELP WITH OPERATIONS OF WESTMINSTER CANTERBURY OF LYNCHBURG. 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 2011 , 2012, AND 2013 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 108 280490 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 7461 0 40747 0 0 0 231867 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 2005-02-07 24225000 REFUNDING - 2001 SERIES 0 0 0 A 2995000 5607239 650414 112145 1 0 1 1 B 1580000 24154084 1707782 482101 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 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 PERFORMANCE OVERSIGHT COMMITTEE IS RESPONSIBLE FOR THE REVIEW OF THE FORM 990 A SMALL COMMITTEE OF RESIDENTS REVIEWS THE 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: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -72,118. AMOUNTS RELATED TO RECOGNITION OF MINIMUM PENSION LIABILITY -80,594. INCREASE IN FV OF PERPETUAL TRUST FUNDS 54,637. INCREASE IN FV OF BENEFICIAL TRUST FUNDS 11,616. RELEASE FROM RESTRICTION -87,004. DESIGNATED FUNDS -201,558. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PY. 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) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0