2014-11-14T15:39:20-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 101 NORTH TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2013-01-01 521266582 WESTMINSTER CANTERBURY OF WINCHESTER INC WEST 5406650156 300 WESTMINSTER CANTERBURY DRIVE WINCHESTER VA 22603 GLORIA J SHILEY PRESIDENT & CEO 5406650156 2014-11-14 1 JOHN NORMAN P01506766 7049985200 2013 2015-11-30 17:44:51Z SHENANDOAH VALLEY WESTMINSTER-CANTER GLORIA J SHILEY 300 WESTMINSTER CANTERBURY DRIVE WINCHESTER VA 22603 23926971 0 X WWW.SVWC.ORG X 1982 VA ENABLING RESIDENTS TO USE THEIR GIFTS FULLY, LIVE LIVES RICHLY, & ENJOY THE YEARS GOD HAS GIVEN. 18 18 407 100 -2863 -2863 312889 305743 20466881 21190169 2760122 2425121 -460 -2863 23539432 23918170 25055 76489 0 0 9848179 10394047 0 0 225269 10986542 11063904 20859776 21534440 2679656 2383730 111120124 115864855 95612302 95426909 15507822 20437946 X WESTMINSTER CANTERBURY OF WINCHESTER, INC. ("SVWC") IS A NOT-FOR-PROFIT, INTIMATE, CHURCH RELATED CONTINUING CARE RETIREMENT COMMUNITY THAT IS COMMITTED TO ENABLING RESIDENTS TO USE THEIR GIFTS FULLY, LIVE THEIR LIVES RICHLY, AND ENJOY WITH DIGNITY THE YEARS GOD HAS GIVEN THEM. 0 0 17393676 76489 21195951 BEYOND PROVIDING ACCOMMODATIONS, SERVICES AND POTENTIAL FINANCIAL ASSISTANCE TO ELDERS, SHENANDOAH VALLEY WESTMINSTER-CANTERBURY ("SVWC") IS A RESPONSIBLE COMMUNITY MEMBER, PROVIDING MEETING SPACE FOR LOCAL NON-PROFITS AND CIVIC ORGANIZATIONS AND HOSTING COMMUNITY EVENTS SUCH AS THE ANNUAL APPLE BLOSSOM FESTIVAL EACH SPRING. SVWC WAS ALSO PLEASED TO PARTNER WITH MANY DIFFERENT NATIONAL ORGANIZATIONS SUCH AS THE ALZHEIMER'S ASSOCIATION, ARTHRITIS FOUNDATION, WVPT PUBLIC TELEVISION, AND AMERICAN CANCER SOCIETY TO SPONSOR MANY DIFFERENT LOCAL EVENTS. IN ADDITION, SVWC SUPPORTED MANY LOCAL ORGANIZATIONS AND EVENTS SUCH AS THE GARDEN CLUB OF VIRGINIA, TEENS OPPOSING POVERTY, FIRST NIGHT WINCHESTER AND THE WINCHESTER ORCHESTRA. MOREOVER, SVWC DONATES MEDICAL SUPPLIES TO THE LOCAL FREE MEDICAL CLINIC, BUILDING SUPPLIES TO HABITAT FOR HUMANITY AND MEALS AND DRIVER TIME TO THE SHENANDOAH AREA ON AGING MEALS ON WHEELS PROGRAM. 17393676 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 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 0 0 0 0 1 82 0 1 407 1 1 1 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 1 1 1 1 1 0 VA X X DUANE WERNECKE 5406655917 300 WESTMINSTER-CANTERBURY DRIVE WINCHESTER VA 22603 MRS SARA STERN BOARD MEMBER 1.00 X 0 0 0 MR STEPHEN PETTIT CPA BOARD MEMBER 1.00 X X 0 0 0 MR WILLIAM W PIFER BOARD MEMBER 1.00 X 0 0 0 MR SCOTT HARVARD BOARD MEMBER 1.00 X 0 0 0 MR SCOTT ARTHUR BOARD MEMBER 1.00 X 0 0 0 MR ROGER ZEBARTH BOARD MEMBER 1.00 X 0 0 0 MR DAN WALL BOARD MEMBER 1.00 X 0 0 0 DR HARRY POLING BOARD MEMBER 1.00 X 0 0 0 REV WEBSTER GIBSON BOARD MEMBER 1.00 X 0 0 0 MRS KAREN SCHULTZ BOARD MEMBER 1.00 X 0 0 0 MRS KATHRYN GANSKE BOARD MEMBER 1.00 X 0 0 0 MR JOSEPH KALBACH BOARD MEMBER 1.00 X 0 0 0 MRS KAREN HILLYARD BOARD MEMBER 1.00 X 0 0 0 MR RICHARD G CREASEY BOARD MEMBER 1.00 X 0 0 0 REV RICHARD W REIFNSYDER BOARD MEMBER 1.00 X 0 0 0 DENNIS MCLOUGHLIN ESQ BOARD MEMBER 1.00 X 0 0 0 MR JOHN S SCULLY BOARD MEMBER 1.00 X X 0 0 0 MR TERRY L SINCLAIR BOARD MEMBER 1.00 X X 0 0 0 MRS GLORIA J SHILEY PRESIDENT & CEO 40.00 X 196622 0 17077 MR DUANE A WERNECKE CFO 40.00 X 102046 0 7783 CATHERINE FARMER ADMINISTRATOR 40.00 X 112228 0 11770 MICHELLE THOMAS DIRECTOR OF NURSING 40.00 X 112934 0 8902 JOHN FERRULLI DIRECTOR OF IT 40.00 X 113996 0 14537 637826 0 60069 5 0 1 0 SODEXHO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES CONTRACTOR 1810648 ANTHEM BLUE CROSS BLUE SHIELD PO BOX 27401 RICHMOND VA 23279 HEALTH INSURANCE 1182232 SHENANDOAH VALLEY ELECTRIC PO BOX 79647 BALTIMORE MD 21279 ELECTRICITY 519659 NOELKER AND HULL & ASSOCIATES 30 W KING STREET CHAMBERSBURG PA 17201 ARCHITECTURAL 393156 HSI ASSOCIATES LLC 3031 VALLEY AVE STE 102 WINCHESTER VA 22601 INTERIOR DESIGN 392083 20 305743 305743 RESIDENT SERVICES 623000 10049950 10049950 AMORTIZED FEES 623000 5862410 5862410 ASSISTED LIVING REVENUE 623000 2397027 2397027 HEALTH CARE SERVICES 623000 2038136 2038136 842646 842646 21190169 1609317 1609317 5938 8801 -2863 -2863 -2863 815804 0 815804 815804 815804 23918170 21190169 -2863 2425121 76489 76489 7151710 6853043 298667 955596 879682 75914 194799 194799 1566007 412956 1082313 70738 525935 441436 78670 5829 34994 34994 95956 95956 221562 95100 126462 339122 339122 382392 246992 134137 1263 1441591 1174369 254653 12569 37315 20295 16594 426 147644 135947 9207 2490 1833436 1833436 4328922 4328922 FOOD 1051413 1051413 EQUIP. RENTAL, R&M 810070 574035 236035 DUES/MEMBERSHIPS 34284 14027 20257 LAUNDRY EXPENSE 12382 12382 292821 87840 148941 56040 21534440 17393676 3915495 225269 2382 2014 1916147 1448839 147002 104997 3547042 1590131 2127 2127 658941 622867 96590539 40062604 57411046 56527935 45637186 53883083 1798251 1682862 111120124 115864855 2147878 2070468 46570557 47769725 44147677 43061114 2746190 2525602 95612302 95426909 X 10802454 14969861 4673468 5436185 31900 31900 15507822 20437946 111120124 115864855 2383730 2546394 0 X X 0 1 X 1 0 X 287023 365430 208075 312889 305743 1479160 20279814 20228543 21586120 20466881 21195951 103757309 20566837 20593973 21794195 20779770 21501694 105236469 17791 7649 25440 2606597 2606597 17791 2614246 2632037 102604432 1297719 2723123 1359388 1914843 1609317 8904390 1297719 2723123 1359388 1914843 1609317 8904390 2782 1097 426 -460 -2863 982 21867338 23318193 23154009 22694153 23108148 114141841 0.89890 0.92350 0.07800 0.07680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31900 31900 31900 31900 26900 5000 31900 26900 26900 26900 26900 1.00000 0 0 304994 304994 83357212 32875860 50481352 10910088 6347692 4562396 2018245 839052 1179193 56527935 INVESTMENTS 53883083 F 53883083 RESIDENT DEPOSITS 439278 REFUNDABLE ADVANCE ADMISSION DEPOSIT 2086324 2525602 X 23455524 90758 90758 23364766 553404 553404 23918170 21543241 8801 8801 21534440 0 21534440 PART V, LINE 4: ENHANCE THE LIFE OF THE RESIDENTS. PART X, LINE 2: THE CORPORATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THIS STATUS BE CHALLENGED IN THE FUTURE, THE 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE CORPORATION IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE CORPORATION ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE CORPORATION?S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 90,758. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED INVESTMENT INCOME 256,544. RESTRICTED CONTRIBUTIONS 305,661. EPXENSES RELATED TO UNRELATED BUSINESS INCOME -8,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO UNRELATED BUSINESS INCOME 8,801. 1 FELLOWSHIP FUND ASSISTANCE 2 68440 TUITION REIMBURSEMENT 8 6049 SCHOLARSHIPS 2 2000 PART I, LINE 2: FINANCIAL ASSISTANCE IS GIVEN TO THOSE RESIDENTS WHO ARE NOT ABLE TO AFFORD TO PAY THE TOTAL MONTHLY MAINTENANCE FEE; RESIDENT FINANCIAL UPDATES ARE PERIODICALLY REQUESTED. X X X 0 0 0 0 0 0 0 0 0 MRS GLORIA J SHILEY PRESIDENT & CEO 177954 0 9635 0 9033 0 9271 0 7806 0 213699 0 0 0 A INDUSTRIAL DEVELOPMENT AUTHORITY CITY OF WINCHESTER 521232253 973130BY2 2005-06-09 65646903 EXPAND RESIDENTIAL AND HEALTH CARE FACILITIES AND REFUND 1998 BONDS. 0 0 0 A 22615000 68352560 2714661 2964782 1297383 379507 739868 34677415 26787664 2007 1 0 1 1 A 0 1 1 1 0 0.00300 0.00430 0.00730 0 0 1 A 0 1 1 1 1 0 1 AIG & WELLS FARGO (SUCCESSOR TO 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: INDUSTRIAL DEVELOPMENT AUTHORITY CITY OF WINCHESTER DATE THE REBATE COMPUTATION WAS PERFORMED: 01/28/2014 SCHEDULE K, PART II, LINE 3 EXPLANATION OF TOTAL PROCEEDS OF ISSUE TOTAL PROCEEDS OF THE ISSUE INCLUDE THE ORIGINAL PROCEEDS PLUS INVESTMENT EARNINGS OF $2,705,657 THAT HAVE ACCRUED SINCE THE ISSUANCE. SCHEDULE K, PART II, LINE 9 CUMMULATIVE INTEREST EARNINGS OF DSRF THAT WERE SWEPT OUT OF DSRF AND INTO BOND FUNDS AND USED TO PAY INTEREST EXPENSE IN BOND FUND. SCHEDULE K, PART IV, LINE 5C THE GUARANTEED INVESTMENT CONTRACT WITH AIG WAS TERMINATED IN 2011 PRIOR TO MATURITY. THE GUARANTEED INVESTMENT CONTRACT WITH WELLS FARGO REMAINS OUTSTANDING. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING. THE CFO ADDRESSES THE BOARD'S QUESTIONS REGARDING FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED BY THE MEMBERS ANNUALLY. IF A CONFLICT IS FOUND TO EXIST, THE AFFECTED BOARD MEMBER IS ASKED TO ABSTAIN FROM SERVING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL SENIOR MANAGEMENT IS REVIEWED TO INDUSTRY STANDARDS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: 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.