2013-08-13T14:58:15-05:00 2012-09-30 410746749 CLIFTONLARSONALLEN LLP 300 CROWN COLONY DRIVE SUITE 310 QUINCY MA 02169 990 2011-10-01 237162493 WESTMINSTER CANTERBURY CORPORATION WEST 8042646000 1600 WESTBROOK AVENUE RICHMOND VA 232273337 W RUSSELL GARDNER 8042646000 2013-08-08 1 ROBERT DILLAN P01688008 6179848100 2013-07-08 2011 2016-02-24 21:20:13Z W RUSSELL GARDNER 1600 WESTBROOK AVENUE RICHMOND VA 232273337 58565111 0 X WWW.WCRICHMOND.ORG X 1975 VA CONTINUING CARE FOR ELDERLY. 16 16 823 305 0 0 3327892 3014579 53363539 52080343 2288328 2889655 0 562560 58979759 58547137 3219040 1660969 0 0 19443380 19497684 0 0 0 36589955 35805252 59252375 56963905 -272616 1583232 263712130 273484885 249608421 247849611 14103709 25635274 X AS A FAITH BASED CHARITABLE ORGANIZATION, WE WILL PROVIDE SERVICES, SPECIFIC TO NEED, IN A COMPASSIONATE, PROFESSIONAL, HOLISTIC MANNER, THROUGH AN INSPIRING ENVIROMENT AND DYNAMIC LEADERSHIP FOR OUR RESIDENTS, EMPLOYEES AND OTHERS WE SERVE. 0 0 55186878 52642903 AS A MINISTRY OF THE EPISCOPAL AND PRESBYTERIAN CHURCHES, WESTMINSTER CANTERBURY PROVIDES 533 RESIDENCES FOR INDEPENDENT LIVING; 72 APARTMENTS FOR THOSE WITH COGNITIVE DECLINE; 97 APARTMENTS FOR ASSISTED LIVING; AND 158 INTERMEDIATE AND SKILLED NURSING BEDS, ALL FOR PERSONS AGES 62 AND OLDER. IN ADDITION, WESTMINSTER CANTERBURY PROVIDES RESIDENTS WITH THE OPPORTUNITIES FOR SOCIALIZATION, INTELLECTUAL STIMULATION, ENTERTAINMENT, RECREATION, PHYSICAL CARE AND SPIRITUAL ENRICHMENT. FINANCIAL AID IS AVAILABLE TO THOSE WHOSE FINANCIAL RESOURCES ARE NOT SUFFICIENT TO COVER ENTRANCE FEE, MONTHLY FEE OR BOTH. ALL FINANCIAL INFORMATION PROVIDED BY PROSPECTIVE RESIDENTS IS ANALYZED USING A SOFTWARE PROGRAM FINAID. THIS PROGRAM USES ACTUARIAL TABLES TO PROJECT HOW MUCH IF ANY FINANCIAL ASSISTANCE MAYBE NEEDED BY EACH PROSPECTIVE RESIDENT. 55186878 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 1 86 0 1 823 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES HOLMES - CONTROLLER 8042646000 1600 WESTBROOK AVENUE RICHMOND VA 232273337 PETER N PASTORE JR 1.00 X 0 0 0 DAVID M WILLIAMS 1.00 X 0 0 0 MR ERIC E BALLOU 1.00 X 0 0 0 THE REV CARLA P KEYES 1.00 X 0 0 0 MR G JACOB SAVAGE III 1.00 X 0 0 0 DR RICHARD M HAMRICK III 1.00 X 0 0 0 DR MARK M JONES 1.00 X 0 0 0 MR BRUCE R ARNETT 1.00 X 0 0 0 MS ELIZABETH H MARTH 1.00 X 0 0 0 MR BENJAMIN C ACKERLY 1.00 X 0 0 0 MS CHERYL D MOORE 1.00 X 0 0 0 MR TIMOTHY R HARRIS 1.00 X 0 0 0 THE REV LOUISE BLANCHARD 1.00 X 0 0 0 MR THOMAS JEFFERSON 1.00 X 0 0 0 MR MARK M GORDON 1.00 X 0 0 0 MR BRUCE A KAY 1.00 X 0 0 0 DONALD D LECKY 40.00 X 0 353767 57332 W RUSSELL GARDNER 40.00 X 0 210259 21031 ELIZABETH B BUSH 40.00 X 0 165139 19367 CAROL B CONROY 40.00 X 0 164822 39154 ROBERT D COX 40.00 X 0 164963 38514 WILLIAM S KING 40.00 X 0 128694 34675 MARY HAWLEY 40.00 X 0 128224 14764 VIRGINIA S PURCELL 40.00 X 0 115492 38189 KELLY D MERRICKS 40.00 X 0 82450 28254 KEVIN W FERGUSON 40.00 X 283809 0 45485 ANN C STONEMAN 40.00 X 115839 0 13931 JAMES HOLMES 40.00 X 0 111465 11670 W RAY INSCOE 40.00 X 0 101732 33537 399648 1727007 395903 2 0 1 0 PFG VIRGINIA FOOD SERVICE PO BOX 2801 RICHMOND VA 23228 FOOD SERVICE 1936995 GENESIS REHABILITATION SERVICES 600 SOUTH BROAD STREET KENNETT SQUARE PA 19348 REHAB PROVIDER 846557 BROOKS & CO GENERAL CONTRACTORS 4801 HERMITAGE ROAD RICHMOND VA 23227 GENERAL CONTRACTORS 745943 WALKER'S CARPETS & INTERIORS INC 8501 BROOK RD GLEN ALLEN VA 23060 GENERAL CONTRACTORS 652749 MCKESSON MEDICAL 8121 10TH AVENUE GOLDEN VALLEY MN 55427 GENERAL CONTRACTORS 470658 27 1566739 1447840 232921 3014579 RESIDENT SERVICE REVEN 623000 46707032 46707032 OTHER REVENUES 623000 5373311 5373311 52080343 2698788 2698788 208841 0 17974 208841 -17974 190867 190867 562560 0 562560 562560 58547137 52642903 0 2889655 1660969 1660969 287694 278488 9206 17809825 17239911 569914 17263 16711 552 1382902 1338649 44253 11005149 10627016 378133 2681 2681 234212 234212 1749884 1749884 166 166 530053 530053 1843640 1784861 58779 4592 4592 3500 3500 4308767 4160719 148048 9530908 9203159 327749 19108 19108 DIETARY EXPENSES 2562233 2562233 REPAIR AND MAINT. 1568424 1568424 PROGRAM SUPPLIES 1155989 1155989 PHARMACEUTICALS 813725 813725 472221 472221 56963905 55186878 1777027 0 6257435 8515981 2041161 1144117 1636588 1417216 186345 36231 710822 563477 239012132 93453323 151139528 145558809 87246637 101725944 14493614 14523110 263712130 273484885 4256811 4291904 108124002 107459648 120123969 117252009 17103639 18846050 249608421 247849611 X 1357172 11792244 12746537 13843030 14103709 25635274 263712130 273484885 X 1583232 9948333 X X 0 1 1 X 0 X 147057 12140 1894746 2396547 1947481 6397971 44124570 43490187 49731994 53363539 52642903 243353193 44271627 43502327 51626740 55760086 54590384 249751164 0 0 0 249751164 2120314 1561701 3718373 3521281 3532965 14454634 2120314 1561701 3718373 3521281 3532965 14454634 4102559 5398998 9501557 50494500 50463026 55345113 59281367 58123349 273707355 0.91250 0.92000 0.05280 0.05470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22330918 3457267 -1695363 24092822 26840117 -3249422 -1259777 22330918 22076477 2952705 -1810935 26840117 23925049 25107 195160 -2068839 22076477 1.00000 0 0 1601107 1601107 162228911 41936271 120292640 27356952 23183117 4173835 21632811 15532070 6100741 26192351 12801865 13390486 145558809 SUNTRUST - OPERATING 68268546 F OPERATING VALUATION ALLOWANCE 9315810 F PECH TRUST FUND - SUNTRUST 8387774 F PECH TRUST SUNTRUST VALUATION ALLOW 3403801 F SUNTRUST - FELLOWSHIP 10235558 F PECH DUE TO/FROM OTHER FUNDS 48766 F FINCH/BASKERVILLE PERPETUAL TRUST 2065689 F 101725944 DEFERRED FINANCING COSTS 2138187 DEFERRED MARKETING COSTS 1081771 RESERVE ACCOUNTS 10058944 DUE FROM RELATED PARTY 1244208 14523110 DUE TO RELATED PARTIES 15512360 FAIR VALUE OF INTEREST RATE SWAP 808617 REFUNDABLE DEPOSITS 912348 OTHER LIABILITIES 1612725 18846050 58547137 56963905 1583232 11165736 -1217403 9948333 11531565 68875481 11165736 328762 11494498 57380983 1166154 1166154 58547137 57343916 1546165 1546165 55797751 1166154 1166154 56963905 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THESE FUNDS ARE USED BY THE ORGANIZATION TO SUPPORT FELLOWSHIP ASSISTANCE. THE FUNDS ARE MADE UP OF PECH, FELLOWSHIP AND BASKERVILLE/FINCH FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: WESTMINSTER-CANTERBURY CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CORPORATION IS IN RECEIPT OF FAVORABLE IRS DETERMINATION LETTERS WITH RESPECT TO THE TAX-EXEMPT STATUS OF THE ENTITY. SECTION 58-12.35 OF THE CODE OF VIRGINIA SPECIFICALLY EXEMPTS THE PROPERTY OF THE CORPORATION ONLY FROM STATE AND LOCAL TAXATION. THE CORPORATION'S 2009 THROUGH 2011 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS STANDARD DOES NOT HAVE A SIGNIFICANT IMPACT ON THE FINANCIAL STATEMENTS. THE CORPORATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES FOR EVALUATING UNCERTAIN TAX POSITIONS. 1 FELLOWSHIP PROGRAM- FINANCIAL ASSISTANCE TO ELDERLY FOR MONTHLY MAINTENANCE FEES FOR INDEPENDENT LIVING FACILITY 122 1660969 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHEDULE I PART 1, LINE 2: ALL FINANCIAL INFORMATION PROVIDED BY PROSEPECTIVE RESIDENTS IS ANALYZED USING A SOFTWARE PROGRAM CALLED FINAID. THIS PROGRAM USES ACTUARIAL TABLES TO PROJECT HOW MUCH, IF ANY, FINANCIAL ASSISTANCE MAY BE NEEDED BY EACH PROSPECTIVE RESIDENT. THE ANALYSIS IS COMPLETED WITHOUT REGARD TO RACE OR RELIGION. WHEN FINANCIAL AID IS PROJECTED AS NECESSARY, SPECIFIC GUIDELINES ARE USED TO DETERMINE THE EXTENT TO WHICH THE ORGANIZATION WILL BE ABLE TO MEET THAT INDIVIDUAL'S NEED. EACH YEAR THE ORGANIZATION RETAINS AN ACTUARY TO DETERMINE THE ORGANIZATIONS FUTURE LIFETIME MONTHLY FINANCIAL OBLIGATION. IN THIS MANNER, THE ORGANIZATION CONFIRMS THE AVAILABILITY OF FUNDS SUFFICIENT TO SUPPORT THE NEEDS OF THE RESIDENTS FOR THE REST OF THEIR LIVES. 0 0 0 0 0 0 0 0 0 DONALD D LECKY 0 286296 0 50304 0 17167 0 36600 0 20732 0 411099 0 0 W RUSSELL GARDNER 0 188190 0 17969 0 4100 0 11733 0 9298 0 231290 0 0 ELIZABETH B BUSH 0 140143 0 23639 0 1357 0 12211 0 7156 0 184506 0 0 CAROL B CONROY 0 150048 0 14658 0 116 0 29611 0 9543 0 203976 0 0 ROBERT D COX 0 149142 0 15340 0 481 0 29564 0 8950 0 203477 0 0 WILLIAM S KING 0 117194 0 11500 0 0 0 26187 0 8488 0 163369 0 0 VIRGINIA S PURCELL 0 104589 0 10903 0 0 0 25429 0 12760 0 153681 0 0 KEVIN W FERGUSON 258662 0 25147 0 0 0 30410 0 15075 0 329294 0 0 0 ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 42605QBC6 2003-07-01 65740000 FINANCE THE RENOVATION AND CAPITAL EXPENDITURES AT THE CORPORATION 0 0 0 ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 426052BG7 2003-07-03 91500000 FINANCE THE RENOVATION AND CAPITAL EXPENDITURES AT THE CORPORATION 0 0 0 ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 42605QDF7 2006-11-01 62755000 PARTIAL REFINANCING OF 2003A SERIES 0 0 0 ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 42605QDL4 2008-02-13 18000000 FINANCE THE RENOVATION AND CAPITAL EXPENDITURES AT THE CORPORATION 1 0 0 62410000 3736920 1471432 57201648 2005 0 0 1 1 91500000 64811710 1447229 25241061 2005 0 0 1 1 63145000 3669045 1074889 58426099 2006 1 0 1 1 18000000 270604 17735549 2010 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 BB&T BANK 10.000000000000 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 BB&T BANK 2010-12-29 30000000 REFINANCE 2008 & 2003 BONDS 0 0 0 30000000 313390 1 0 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 JACOB SAVAGE BANKER WITH BB&T-THE ORG HAS ACCOUNTS AND LETTERS OF CREDIT WITH THE BANK 50000 BANKING SERVICES 0 BENJAMIN ACKERLY PARTNER AT HUNTON & WILLIAMS LAW FIRM WHICH IS ENGAGED BY THE CORPORATION 70482 LEGAL SERVICES 0 BRUCE ARNETT BANKER WITH SCOTT & STRINGFELLOW SUBSIDIARY OF BBT 50000 BANKING SERVICES 0 X 1 232921 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FEDERAL TAX RETURN IS REVIEWED BY THE ENTIRE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE COMMITTEE MEMBERS FILL OUT A CONFLICT OF INTEREST STATEMENT. IF THERE ARE ANY CONFLICTS THE COMMITTEE MEMBER EXCUSES THEMSELVES FROM ANY PART OF THE DISCUSSION AND VOTE RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE COMPANY IS ENGAGED EACH YEAR TO LOOK AT ALL EMPLOYEES COMPENSATION PACKAGES, INCLUDING THE CEO'S. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 11,165,736. CHANGE IN RETIREMENT PLAN ASSETS AND BENEFIT OBLIGATION -1,354,456. CHANGE IN VALUE OF PERPETUAL TRUST 310,788. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -173,735. TOTAL TO FORM 990, PART XI, LINE 5: 9,948,333. AUDIT OVERSIGHT AND SELECTION OF THE AUDITOR FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS AUDIT OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE TAX YEAR. WESTMINSTER CANTERBURY FOUNDATION 1600 WESTBROOK AVE RICHMOND VA 23227 521189655 PROVIDE FUNDRAISING FOR THE BENEFIT OF A NON PROFIT RETIRMENT COMMUNITY VA 501(C)(3) LINE 8 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 THE GLEBE OF RICHMOND 1600 WESTBROOK AVE RICHMOND VA 23227 541552745 OPERATE AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY. VA 501(C)(3) LINE 9 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 1600 WESTBROOK AVE RICHMOND VA 23227 541553651 PROVIDE MANAGEMENT SERVICES TO WESTMINSTER CANTERBURY CORPORATION. VA 501(C)(3) LINE 11A, I 0 WESTMINSTER CANTERBURY CHILD CARE 1600 WESTBROOK AVE RICHMOND VA 23227 541552747 PROVIDE CHILD CARE SERVICES. VA 501(C)(3) LINE 9 WESTMINSTER CANTERBURY MANAGEMENT CORPORATION 0 0 1 1 1 1 1 1 0 1 1 0 0 1 1 1 1 1 1