2012-10-11T07:44:44-05:00 2012-05-31 540565834 MITCHELL WIGGINS & COMPANY LLP 100 FLANK ROAD PETERSBURG VA 238059152 990 2011-06-01 300173798 VA UNITED METHODIST HOME OF WILLIAMSBURG INC DBA WINDSORMEADE OF WILLIAMSBURG VIRG 8044748700 7113 THREE CHOPT ROAD NO 300 RICHMOND VA 23226 CHRISTOPHER P HENDERSON 8046731031 2012-10-08 1 WILLIAM A YOUNG JR CPA P00074605 8047335566 2011 2016-02-24 21:20:13Z CHRISTOPHER P HENDERSON 7113 THREE CHOPT ROAD RICHMOND VA 23226 9924185 0 X VUMH.ORG X 2005 VA TO PROVIDE FACILITIES, SERVICES AND PROGRAMS TO ENHANCE THE QUALITY OF LIFE FOR OLDER PERSONS. 6 4 201 33 0 0 4275 4686 7651909 9718246 245111 201253 0 0 7901295 9924185 0 0 0 0 3783011 4191965 0 0 0 13338630 13758198 17121641 17950163 -9220346 -8025978 125156669 123214292 153398120 159481721 -28241451 -36267429 X THE MISSION OF VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG, INC. (VUMHW) IS TO PROVIDE FACILITIES, SERVICES AND PROGRAMS TO ENHANCE THE QUALITY OF LIFE FOR OLDER PERSONS. 0 0 15426485 9919499 VUMHW PROVIDES FOR THE HOUSING, HEALTH CARE AND FINANCIAL SECURITY NEEDS OF AGED PERSONS AT ITS CONTINUING CARE RETIREMENT COMMUNITY KNOWN AS WINDSORMEADE OF WILLIAMSBURG. VUMHW ESTABLISHED WINDSORMEADE AS A COOPERATIVE EFFORT WITH VIRGINIA UNITED METHODIST HOMES, INC. (VUMH), A RELATED TAX-EXEMPT ORGANIZATION WHICH OWNS AND OPERATES FIVE CONTINUING CARE RETIREMENT COMMUNITIES AND ONE ASSISTED LIVING FACILITY OF ITS OWN IN VIRGINIA. VUMH IS THE SOLE MEMBER OF VUMHW. VUMHW PROVIDES FOR THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL AND RELIGIOUS NEEDS OF THE ELDERLY THROUGH SPECIALIZED PROGRAMS. TOGETHER WITH ITS RELATED ORGANIZATION (VUMH), VUMHW IS PART OF A SYSTEM OF COMMUNITIES SERVING A DIVERSE RANGE OF RESIDENTS WITH EXCELLENT, COMPASSIONATE CARE IN A CHRISTIAN ENVIRONMENT. VUMHW PROVIDES (DIRECTLY AND THROUGH THIRD-PARTY ARRANGEMENTS) FOR THE HEALTH CARE OF THE ELDERLY THROUGH SKILLED NURSING CARE, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEMORY CARE, PHYSICAL THERAPY AND RELATED HEALTH CARE SERVICES. VUMHW IS COMMITTED TO PROVIDING FOR THE FINANCIAL SECURITY OF ITS RESIDENTS IN COMPLIANCE WITH THE STANDARDS APPLICABLE TO A PUBLIC CHARITY. CONSISTENT WITH THIS COMMITMENT, VUMHW PARTICIPATES IN THE SAMARITAN PROGRAM ESTABLISHED BY VUMH, THROUGH WHICH FUNDS ARE SOLICITED BY VARIOUS MEANS ON BEHALF OF VUMH AND VUMHW RESIDENTS WHO MAY BECOME UNABLE TO PAY A PORTION OR ALL OF THEIR EXPENSES, INCLUDING DIRECT SOLICITATION OF MEMBERS OF THE UNITED METHODIST CHURCH. 15426485 1 0 0 0 0 0 0 0 1 0 1 0 0 1 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 0 0 0 0 1 89 0 201 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CORPORATE OFFICERS 8044748700 7113 THREE CHOPT ROAD SUITE 300 RICHMOND VA 23226 THOMAS R HARRISON JR 0.00 X X 0 0 0 REV ROBERT F COFIELD JR 0.00 X X 0 0 0 KELLI MANSEL-ARBUCKLE 0.00 X X 0 0 0 CHRISTOPHER P HENDERSON 40.00 X X 0 274953 0 BISHOP CHARLENE P KAMMERER 0.00 X 0 0 0 REV CAROL BOOKWALTER 0.00 X 0 0 0 MARILYN M GLADDING 40.00 X 157303 0 0 157303 274953 0 1 0 1 0 SYSCO HAMPTON ROADS 7000 HARBOUR VIEW BLVD SUFFOLK VA 23435 CONTRACTOR 402931 HEALTHKEEPERS INC 1721 DEL OGIER DRIVE GLENVIEW IL 60025 CONTRACTOR 327395 SPECTRUM CONSULTANTS INC 1349-B EAST GARRISON BLVD GASTONIA NC 28054 CONTRACTOR 300666 DIVERSIFIED INVESTMENT ADVISORS PO BOX 13029 NEWARK NJ 07188 INVESTMENT MANAGEMENT 253025 OLD DOMINION SECURITY COMPANY 2205 TOMLYNN STREET RICHMOND VA 23230 CONTRACTOR 242998 6 4686 4686 FEES FROM RESIDENTS 623000 9368909 9368909 OTHER OPERATING INCOME 623000 340533 340533 ANCILLARY SER REV - NE 623000 8804 8804 9718246 201253 201253 9924185 9919499 0 0 3548141 3030804 517337 111705 84248 27457 260284 223203 37081 271835 236085 35750 64825 64825 1751315 1205662 545653 242753 241933 820 165570 124635 40935 4357 4357 887092 562092 325000 63962 53602 10360 9321 3842 5479 3551717 3551717 4125092 4125092 213475 213475 MISCELLANEOUS EXPENSE 845412 10928 834484 LICENSES & TAXES 618142 614436 3706 MEDICAL SUPPLIES 521592 521592 REPAIRS & MAINTENANCE 509847 478931 30916 183726 144208 39518 17950163 15426485 2523678 0 1307806 3309610 1517397 1527553 148492 46280 112382897 13322025 102165052 99060872 6099904 4864550 3162000 3244350 10756018 11161077 125156669 123214292 6938873 6131109 1037439 754533 69708779 66062489 75713029 86533590 153398120 159481721 X -28251888 -36281852 10437 14423 -28241451 -36267429 125156669 123214292 -8025978 0 X X 0 1 1 X 0 X 2094 11123 3164 4275 4686 25342 1054037 4509019 6518323 7651909 9718246 29451534 1056131 4520142 6521487 7656184 9722932 29476876 0 0 0 29476876 55948 693755 238807 250006 201253 1439769 55948 693755 238807 250006 201253 1439769 603 603 1112079 5214500 6760294 7906190 9924185 30917248 0.95340 0.94200 0.04660 0.05800 X 0 1 295586 295586 109568808 12116211 97452596 2491605 1205814 1285792 26898 26898 99060872 DEFERRED DEVELOPMENT COSTS 5884629 CASH ESCROW - DEPOSIT PROSPECTIVE MEMBERS 2542966 BOND ISSUANCE COSTS 2677870 OTHER RECEIVABLES 55612 11161077 DUE TO PARENT COMPANY 6944956 REFUNDABLE FEES 53659387 DEFERRED REVENUE, ENTRANCE FEES 11364847 NOTE PAYABLE, AFFILIATE 14564249 OTHER LIABILITIES 151 86533590 9924185 17950163 -8025978 -8025978 9924185 0 9924185 0 9924185 17950163 0 17950163 0 17950163 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS DEPOSITS FOR PROSPECTIVE RESIDENTS UNTIL THEY ARE ACCEPTED FOR RESIDENCY IN THE COMMUNITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: EFFECTIVE JUNE 1, 2009, THE ORGANIZATION ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR COMBINED FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ORGANIZATION'S COMBINED FINANCIAL STATEMENTS. IT REQUIRES AN ORGANIZATION TO RECOGNIZE THE COMBINED FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S COMBINED FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOW. X X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER P HENDERSON 0 238475 0 29592 0 6886 0 0 0 0 0 274953 0 0 MARILYN M GLADDING 143370 0 13159 0 774 0 0 0 0 0 157303 0 0 0 EDA OF JAMES CITY COUNTY VIRGINIA 541139263 47029WAU1 2007-08-01 113967646 TO FINANCE THE CONSTRUCTION OF CCRC 0 0 0 47960000 116701775 3504350 10268216 2059486 111137939 2009 0 0 1 1 0 1 1 1 0 0.00000 0.00000 0.00000 1 0 1 0 1 MBIA(7108-7112) 4.000000000000 1 1 0 SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS CONSIST OF THE ISSUE PRICE OF $113,967,646 PLUS TOTAL INTEREST FROM FISCAL 2008 - 2012 OF $2,734,129. SCHEDULE K, PART II, LINE 5 CAPITALIZED INTEREST USED TO PAY INTEREST COSTS, LETTER OF CREDIT FEES, AND RE-MARKETING FEES. SCHEDULE K, PART III, LINES 2, 3A, & 3B A VERY SMALL AMOUNT OF THE FINANCED FACILITY IS LEASED TO, OR USED BY, PRIVATE BUSINESSES FOR THE BENEFIT OF THE RESIDENTS, I.E. BEAUTY SALON. THESE AREAS WERE FINANCED WITH THE COMPANY'S EQUITY CONTRIBUTIONS, NOT BOND PROCEEDS. SCHEDULE K, PART IV, LINE 1 THE COMPANY IS NOT REQUIRED TO FILE ANY FORMS RELATED TO ARBITRAGE REBATE UNTIL THE FIFTH ANNIVERSARY OF THE BOND ISSUANCE. I.E. AUGUST 2012 (FISCAL 2013). THE COMPANY CONTRACTS ANNUALLY WITH AN ARBITRAGE REBATE FIRM TO REVIEW THE BOND ISSUE AND IT HAS DETERMINED THERE IS NO CURRENT REBATE LIABILITY. FORM 990, PART VI, SECTION A, LINE 6 VIRGINIA UNITED METHODIST HOMES, INC., A VIRGINIA NON-STOCK, CHARITABLE CORPORATION, IS THE SOLE VOTING MEMBER OF VUMHW. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF VUMHW, (VIRGINIA UNITED METHODIST HOMES, INC.), SHALL ELECT THE BOARD OF DIRECTORS OF VUMHW. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF VUMHW, (VIRGINIA UNITED METHODIST HOMES, INC.), SHALL :(I) APPROVE ANY AMENDMENTS TO THE VUMHW ARTICLES OF INCORPORATION; (II) APPROVE THE BY-LAWS AND ANY AMENDMENTS TO THE BY-LAWS OF THE CORPORATION; (III) APPROVE THE OFFICERS OF THE CORPORATION SELECTED BY THE VUMHW BOARD OF DIRECTORS; (IV) APPROVE THE ANNUAL BUDGET OF THE CORPORATION; (V) APPROVE THE SALE OF ANY SIGNIFICANT ASSETS OF THE CORPORATION; (VI) APPROVE THE INCURRING OF DEBT BY THE CORPORATION IN EXCESS OF 10% OF THE GROSS VALUE OF THE CORPORATION'S ASSETS; AND (VII) APPROVE THE MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 CONSISTENT WITH THE ORGANIZATION'S ARTICLES AND BY-LAWS AND VUMH AUDIT COMMITTEE GUIDELINES, A COPY OF THE FORM 990 WAS PRESENTED TO THE VUMH AUDIT COMMITTEE, AS WELL AS ALL MEMBERS OF THE GOVERNING BOARDS,AND WAS APPROVED BY THE VUMH BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ANNUALLY SIGN SWORN DISCLOSURE STATEMENTS. THE INFORMATION STATED IN THE SWORN DISCLOSURE STATEMENT IS INCLUDED IN THE VUMHW ANNUAL DISCLOSURE STATEMENT FILED WITH THE VIRGINIA STATE CORPORATION COMMISSION BY SEPTEMBER 30 OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 VUMHW USES AN HR CONSULTANT TO COMPARE VUMHW POSITIONS TO LIKE POSITIONS IN THE MARKET. THE MARKET ANALYSIS METHODOLOGY DEFINES THE MARKET PLACE BASED ON COMPENSATION PHILOSOPHY (I.E. CONTINUING CARE RETIREMENT COMMUNITIES, HEALTH CARE, HOSPITALITY AND NON-PROFITS). THE REGIONAL MARKET INCLUDES METRO AREAS, VIRGINIA STATEWIDE AND SOUTH ATLANTIC STATES. MARKET DATA IS COLLECTED FROM NUMEROUS SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 VUMHW'S ARTICLES OF INCORPORATION ARE ON FILE WITH THE STATE CORPORATION COMMISSION OF VIRGINIA AND AVAILABLE TO THE PUBLIC ON REQUEST. VUMHW'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. VUMHW'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN ITS ANNUAL DISCLOSURE STATEMENT FILED WITH THE STATE CORPORATION COMMISSION. THAT DISCLOSURE STATEMENT IS MADE AVAILABLE TO ALL VUMHW RESIDENTS AND TO THE PUBLIC UPON REQUEST. IN ADDITION, VUMHW'S FINANCIAL INFORMATION IS MADE AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C THE PROCESSES INVOLVING THE OVERSIGHT OF THE ORGANIZATION'S AUDIT OF THEIR FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT ENGAGED FOR THIS AUDIT HAVE NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART X, LINE 10A & 10B DETAIL IS AVAILABLE UPON REQUEST. VIRGINIA UNITED METHODIST HOMES 7113 THREE CHOPT ROAD RICHMOND VA 23226 540720603 TO PROVIDE FACILITIES, SERVICES AND PROGRAMS TO ENHANCE THE QUALITY OF LIFE VA 501 (C) (3) PUBLIC 0 VIRGINIA UNITED METHODIST HOMES SUPPORTING ORGANIZATION INC 7113 THREE CHOPT ROAD RICHMOND VA 23226 270185201 TO SUPPORT VIRGINIA UNITED METHODIST HOMES AND WINDSORMEADE OF WILLIAMSBURG. VA 501 (C) (3) PUBLIC VIRGINIA UNITED METHODIST HOMES 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 0 0 VIRGINIA UNITED METHODIST HOMES INC E 21509205 VIRGINIA UNITED METHODIST HOMES INC L 388000 VIRGINIA UNITED METHODIST HOMES INC J 325000 VIRGINIA UNITED METHODIST HOMES INC N 296039