2015-08-13T11:11:13-05:00 2014-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2013-10-01 541071734 WESTMINSTER CANTERBURY OF HAMPTON ROADS INC WEST 7574961104 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 JOSEPH F BELVEDERE JR CFO 7574961104 2015-08-07 1 JOHN NORMAN P01506766 7049985200 2013 2016-02-25 16:41:14Z WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY J BENJAMIN UNKLE JR 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 48127591 0 X WWW.WCBAY.COM X 1976 VA TO ESTABLISH AND OPERATE RETIREMENT FACILITIES AND TO PROVIDE RELATED SERVICES. 18 18 688 260 0 0 2789 3731 39612974 42900766 465809 1441943 0 -250000 40081572 44096440 0 0 0 0 16562524 18146440 0 0 0 22003216 23398654 38565740 41545094 1515832 2551346 121729740 125497272 153598476 153654178 -31868736 -28156906 THE PURPOSE OF WESTMINSTER-CANTERBURY IS TO ESTABLISH AND OPERATE RETIREMENT FACILITIES AND TO PROVIDE RELATED SERVICES AS A NOT-FOR-PROFIT ORGANIZATION. 0 0 35409508 42900766 INDEPENDENT LIVING, WHICH CONSISTS OF 420 APARTMENTS AND 21 VILLAS, OFFERS DINING SERVICES, WEEKLY CLEANING & LINEN SERVICES, FITNESS & WELLNESS PROGRAMS, PLANNED ACTIVITIES & EXCURSIONS, TRANSPORTATION TO SHOPPING, CHURCH, ENTERTAINMENT, AND ATHLETIC ACTIVITIES TO ACTIVE PEOPLE AGE 62 AND OLDER. ON SITE ACTIVITIES INCLUDE 2 SWIMMING POOLS, A FITNESS CENTER, A WOODWORKING SHOP, A WALK-IN CLINIC, HOME CARE SERVICES, CERTIFIED HOME HEALTH SERVICES AND DIRECT ACCESS TO THE CHESAPEAKE BAY. ASSISTED LIVING, WHICH CONSISTS OF 82 APARTMENTS AND A 14 BED DEMENTIA UNIT, IS AVAILABLE FOR RESIDENTS WITH SPECIAL NEEDS THAT MAY REQUIRE SUPERVISION OR ASSISTANCE WITH THEIR DAILY ROUTINE. THE COMMONWEALTH OF VIRGINIA LICENSES BOTH INDEPENDENT AND ASSISTED LIVING SERVICES AS AN ADULT CARE RESIDENCE. A FULLY LICENSED NURSING 35409508 1 0 0 0 0 0 0 0 0 1 1 0 1 0 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 1 0 0 0 1 134 0 1 688 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 VA X JOSEPH F BELVEDERE JR CFO 7574961104 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 X HOWARD P KERNS TRUSTEE, CHAIRMAN 1.00 X X 0 0 0 ROBERT W MCFARLAND TRUSTEE, VICE-CHAIRMAN 1.00 X X 0 0 0 SUZANNE PURYEAR TRUSTEE, SECRETARY 1.00 X X 0 0 0 GEORGE L COMPO TRUSTEE, TREASURER 1.00 X X 0 0 0 JOHN Y PEARSON JR TRUSTEE 1.00 X 0 0 0 RADM BRYON E TOBIN JR TRUSTEE 1.00 X 0 0 0 SUSAN T BERNARD TRUSTEE 1.00 X 0 0 0 PETER M ILL TRUSTEE 1.00 X 0 0 0 DR DAVID B YOUNG TRUSTEE 1.00 X 0 0 0 REV HAROLD J COBB JR TRUSTEE 1.00 X 0 0 0 MARTHA SIMS TRUSTEE 1.00 X 0 0 0 TIMOTHY J STIFFLER TRUSTEE 1.00 X 0 0 0 JANE CADY RATHBORNE TRUSTEE 1.00 X 0 0 0 DR WILLIAM T GREER JR TRUSTEE 1.00 X 0 0 0 ALVIN A WALL TRUSTEE 1.00 X 0 0 0 THE REV FRANCES D DILLE TRUSTEE 1.00 X 0 0 0 THE RT REV HERMAN HOLLERITH TRUSTEE, EX-OFFICIO 1.00 X X 0 0 0 THE REV LIZA HENDRICKS TRUSTEE, EX-OFFICIO 1.00 X 0 0 0 J BENJAMIN UNKLE JR PRESIDENT/CEO 40.00 1.00 X 412534 0 68323 DANIEL J NIMON VP OF HEALTH AND RESIDENT SVCS / ASSISTANT SECRETA 40.00 X 178671 0 38910 JOSEPH F BELVEDERE JR CFO/ASSISTANT TREASURER 40.00 1.00 X 193570 0 37090 LORRAINE MAHONE VP OF HUMAN RESOURCES 40.00 1.00 X 146910 0 26406 ROBERT HEELY VP OF DEVELOPMENT, FOUNDATION 40.00 1.00 X 124857 0 29208 AMY POWELL ADMINISTRATOR, HOY CENTER 40.00 X 107746 0 20889 DAVID MYERS CONTROLLER 40.00 1.00 X 103780 0 16261 1268068 0 237087 7 0 1 0 MORRISON'S SENIOR DINING SERVICES PO BOX 102289 ATLANTA GA 30368 FOOD SUPPLIES & SERVICES 3407547 HERITAGE HEALTHCARE INC 536 OLD HOWELL ROAD GREENVILLE SC 29615 CONTRACTED THERAPY SERVICES 1312478 ARAMARK FACILITY SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 FACILITY MGMT AND SUPPLIES 953661 OMNICARE PO BOX 635950 CINCINNATI OH 45263 PHARMACY SUPPLIES AND SERVICES 359112 SLAIT CONSULTING LLC 100 LANDMARK SQUARE VIRGINIA BEACH VA 23452 COMPUTER SERVICES AND CONSULTING 325234 18 3731 3731 RESIDENT REVENUE 623000 42473274 42473274 427492 427492 42900766 956444 956444 4009865 506785 3527342 503809 482523 2976 485499 485499 LOSS ON SETTLEMENT 900999 -250000 -250000 -250000 44096440 42900766 0 1191943 2006184 2006184 12954898 12411723 543175 503202 503202 1629927 1554432 75495 1052229 921985 130244 1030759 1030759 356279 7417 348862 42750 42750 3410631 2166103 1244528 196206 21337 174869 441348 279752 161596 140311 140311 2613867 2583016 30851 144132 85280 58852 33056 21130 11926 3005535 3005535 6064838 6064838 701844 701844 FOOD COSTS 2407178 2389385 17793 OTHER EXPENSES 1364403 1298369 66034 SUPPLIES 1065128 1045138 19990 EMPLOYEE RELATED EXP 380389 20107 360282 41545094 35409508 6135586 0 4275088 4089843 2386053 90539 2699831 1774513 284814 297415 199078 200706 153138330 77277420 76470830 75860910 33325755 41299404 2088291 1883942 121729740 125497272 6166466 6713423 76045316 76946848 65492829 63062202 274995 174995 5618870 6756710 153598476 153654178 X -31868736 -28156906 -31868736 -28156906 121729740 125497272 2551346 1160482 0 X X 0 1 X 1 0 X 216711 53559 16981 2789 3731 293771 33947461 34936802 36354225 39612974 42900766 187752228 34164172 34990361 36371206 39615763 42904497 188045999 0 1170928 1170928 1170928 1170928 186875071 408770 654202 505479 465809 956444 2990704 408770 654202 505479 465809 956444 2990704 34572942 35644563 36876685 40081572 43860941 191036703 0.97820 0.98570 0.01570 0.01430 X 1269221 19892 1289113 1221372 515 47334 1269221 1177721 43651 1221372 1316553 410 -139242 1177721 1237278 250 79025 1316553 0.97000 0.03000 0 1 1 1545450 1545450 101168967 49323114 51845853 35181936 17902318 17279618 13441571 10051988 3389583 1800406 1800406 75860910 INVESTMENTS 41299404 F 41299404 RESERVATION FEES 518020 ADVANCE FEE DEPOSITS 1266820 REFUNDABLE ADVANCE FEES 4971870 6756710 X PART V, LINE 4: TO SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY OF HAMPTON ROADS, INC. PART X, LINE 2: WESTMINSTER-CANTERBURY OF HAMPTON ROADS, INC. IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). WESTMINSTER-CANTERBURY 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 THE TAX-EXEMPT STATUS OF WESTMINSTER-CANTERBURY. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR WESTMINSTER-CANTERBURY. WESTMINSTER-CANTERBURY 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 CORPORATION'S FINANCIAL STATEMENTS. X X X X X 1 0 0 0 0 0 0 0 0 J BENJAMIN UNKLE JR PRESIDENT/CEO 289500 0 100853 0 22181 0 33355 0 34968 0 480857 0 0 0 DANIEL J NIMON VP OF HEALTH AND RESIDENT SVCS / ASS 143462 0 24569 0 10640 0 9242 0 29668 0 217581 0 0 0 JOSEPH F BELVEDERE JR CFO/ASSISTANT TREASURER 163200 0 18988 0 11382 0 7993 0 29097 0 230660 0 0 0 LORRAINE MAHONE VP OF HUMAN RESOURCES 129039 0 11125 0 6746 0 8312 0 18094 0 173316 0 0 0 ROBERT HEELY VP OF DEVELOPMENT, FOUNDATION 113323 0 0 0 11534 0 6233 0 22975 0 154065 0 0 0 PART I, LINE 1B APPROVED EXPENSE REPORT ALONG WITH SUPPORTING RECEIPTS MUST BE SUBMITTED PRIOR TO REIMBURSEMENT. PART I, LINE 3 TO DETERMINE COMPENSATION FOR THE PRESIDENT AND CEO, THE BOARD ENGAGES AN INDEPENDENT CONSULTANT WHO SPECIALIZES IN EXECUTIVE COMPENSATION. THE INDEPENDENT CONSULTANT UTILIZES SURVEY DATA FROM EXPERT SURVEY SOURCES. THE DATA SELECTED REPRESENTS A COMPARABLE POSITION IN ORGANIZATIONS OF SIMILAR INDUSTRIES AND SIMILAR REVENUE AND BUDGET SIZE. THE INDEPENDENT CONSULTANT PROVIDES THE COMPETITIVE MARKET DATA TO THE ORGANIZATIONS EXECUTIVE COMMITTEE, WHICH SERVES AS THE PERSONNEL COMMITTEE FOR THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE USES THE INFORMATION AND THE RECOMMENDATIONS OF THE INDEPENDENT CONSULTANT AS A BASIS FOR COMPENSATION DECISIONS. PART I, LINE 4A DURING THE YEAR, ROBERT HEELY RECEIVED $11,744 IN THE FORM OF A SEVERANCE PAYMENT. A CITY OF VA BEACH DEVELOPMENT AUTHORITY 540947964 0092774MC 2004-03-24 17468076 REFUND SERIES 1993 BONDS AND TO PAY PORTION OF RELATED ISSUANCE COSTS 0 0 0 B CITY OF VA BEACH DEVELOPMENT AUTHORITY 540947964 0092774MD 2005-10-05 52715184 REFUND SERIES 1999A BONDS AND FUND ESCROW ACCOUNT 0 0 0 C CITY OF VA BEACH DEVELOPMENT AUTHORITY 540947964 NONEAVAIL 2009-12-30 6000000 FINANCE VARIOUS CAPITAL RENOVATION PROJECTS 0 0 0 D CITY OF VA BEACH DEVELOPMENT AUTHORITY 540947964 NONEAVAIL 2011-11-15 5000000 FINANCE VARIOUS CAPITAL RENOVATION PROJECTS 0 0 0 A 10300000 17468076 476033 234897 17251179 2004 1 0 1 1 B 2740000 52715184 4497058 1039335 51675849 2009 0 1 1 1 C 1120000 6000000 120000 1269164 4610083 2009 1 0 1 1 D 958333 5000000 100000 4900000 2012 0 0 1 1 A 0 1 1 1 0 0.01300 0.01300 0 0 0 B 0 1 1 1 0 0.02000 0.02000 0 0 0 C 0 1 1 1 0 0.02000 0.02000 0 0 0 D 0 1 1 1 0 0.02000 0.02000 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 C 0 0 1 1 1 0 0 0 0 D 0 0 1 1 1 0 0 0 A 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF VA BEACH DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2013 ISSUER NAME: CITY OF VA BEACH DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2014 ISSUER NAME: CITY OF VA BEACH DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2010 ISSUER NAME: CITY OF VA BEACH DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/15/2014 A ISSUE: SERIES 2004B BONDS WERE PAID IN FULL BY NOVEMBER 1, 2009. PART II LINE 3 - AMOUNT OF TOTAL PROCEEDS INCLUDES ISSUE PRICE, PLUS A RESERVE FUND FUNDED BY TRANSFERRED PROCEEDS FROM SERIES 1993, AND INVESTMENT EARNINGS. PART II LINE 4 - RESERVE FUND IS FUNDED BY TRANSFERRED PROCEEDS FROM SERIES 1993. PART II LINE 11 -- INCLUDES THE CURRENT REFUNDING PROCEEDS THAT WENT TO THE BOND FUND AND THE DEBT SERVICE RESERVE FUND INTEREST EARNINGS. PART IV LINE 2C - FIRST AND SECOND INSTALLMENT REBATE CALCULATIONS PERFORMED AS OF 11/1/2008 AND 11/1/2013. B ISSUE: PART II LINE 3 - AMOUNT OF TOTAL PROCEEDS INCLUDES ISSUE PRICE, PLUS A RESERVE FUND FUNDED BY TRANSFERRED PROCEEDS FROM SERIES 1999A, AND INVESTMENT EARNINGS (MAINLY FROM THE ESCROW FUND AND RESERVE FUND). PART II LINE 4 -- RESERVE FUND IS FUNDED BY TRANSFERRED PROCEEDS FROM SERIES 1999A. PART II LINE 11 -- MAINLY INCLUDES THE ADVANCE REFUNDING PROCEEDS. PART IV LINE 2C - FIRST AND SECOND INSTALLMENT REBATE CALCULATIONS PERFORMED AS OF 11/1/2009 AND 11/1/2014. C ISSUE: PART II LINE 3 -- AMOUNT OF TOTAL PROCEEDS OF ISSUE INCLUDES ISSUE PRICE PLUS INVESTMENT EARNINGS. PART II LINE 11 - PROCEEDS USED FOR CURRENT REFUNDING PURPOSES AND TO PAYOFF A LINE OF CREDIT. PART IV LINE 2C -- SIX MONTH EXCEPTION COMPLIANCE REPORT COMPLETED 8/31/2010. D ISSUE: PART IV LINE 2C -- EIGHTEEN MONTH SPENDING EXCEPTION MET. COMPLIANCE REPORT COMPLETED 12/15/2014. PART III LINE 9 - BOND COUNSEL FOLLOWS ALL EXPENDITURES OF BOND PROCEEDS AND CHECKS ON THIS ISSUE ROUTINELY. PART IV LINE 7 - AN OUTSIDE COMPANY IS ENGAGED TO TRACK AND PERFORM ARBITRAGE CALCULATIONS AS THEY BECOME DUE. PART V - BOND COUNSEL FROM TIME TO TIME REVIEWS PROCEDURES AND THE ACCOUNTING OF TAX-EXEMPT BONDS FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY OF THE RETURN, SUBSEQUENT TO THAT REVIEW, IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 INDIVIDUALS WHO SERVE ON THE BOARD OF TRUSTEES ARE ASKED TO READ OUR CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. IF ANY POTENTIAL CONFLICTS ARE DISCLOSED IN THE ANNUAL QUESTIONNAIRE, THE SITUATION IS REVIEWED WITH THE PRESIDENT AND THE CHAIR OF THE BOARD. IF NECESSARY, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IF THERE IS A POSSIBILITY OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE GOAL OF THE ORGANIZATION TO SET COMPENSATION AT MARKET PAY FOR EMPLOYEES WHO ARE FULLY COMPETENT IN THEIR POSITIONS. MARKET PAY IS DETERMINED BY INDEPENDENT, OUTSIDE COMPENSATION EXPERTS. TO DETERMINE COMPENSATION FOR THE PRESIDENT AND CEO, THE BOARD ENGAGES AN INDEPENDENT CONSULTANT WHO SPECIALIZES IN EXECUTIVE COMPENSATION. THE INDEPENDENT CONSULTANT UTILIZES SURVEY DATA FROM EXPERT SURVEY SOURCES. THE DATA SELECTED REPRESENTS A COMPARABLE POSITION IN ORGANIZATIONS OF SIMILAR INDUSTRIES AND SIMILAR REVENUE AND BUDGET SIZE. THE INDEPENDENT CONSULTANT PROVIDES THE COMPETITIVE MARKET DATA TO THE ORGANIZATION'S EXECUTIVE COMMITTEE, WHICH SERVES AS THE PERSONNEL COMMITTEE FOR THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE USES THE INFORMATION AND RECOMMENDATIONS OF THE INDEPENDENT CONSULTANT AS A BASIS FOR COMPENSATION DECISIONS. THE PRESIDENT AND CEO DETERMINES COMPENSATION FOR KEY EMPLOYEES BY USING THE INFORMATION AND RECOMMENDATIONS OF THE INDEPENDENT CONSULTANT AS A BASIS FOR COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND WITHIN THE FACILITY'S LIBRARY. FORM 990, PART VII, DESCRIPTION OF HOURS FOR RELATED ORGANIZATIONS: OFFICERS AND KEY EMPLOYEES LISTED ON PART VII WORK AN AVERAGE OF 40 HOURS PER WEEK. THEIR TIME IS SHARED BETWEEN THE FILING ORGANIZATION AND OTHER RELATED ENTITIES LISTED ON SCHEDULE R. FORM 990, PART XII THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY FOUNDATION 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 541666603 SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY OF HAMPTON ROADS, INC. VA 501(C)(3) 509(A)(3) N/A 0 THE BALLENTINE HOME CORPORATION 7211 GRANBY STREET NORFOLK VA 23505 541327568 PROVIDE FOR THE SPIRITUAL, EMOTIONAL, AND PHYSICAL WELL-BEING OF THE ELDERLY VA 501(C)(3) 509(A)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0