2011-02-15T10:36:19-06:00 2010-09-30 Brown Edwards & Company LLP PO Box 10189 Lynchburg VA 245060189 990 2009-10-01 540988608 WESTMINSTER-CANTERBURY OF LYNCHBURG INC WEST 4343863500 501 VES ROAD LYNCHBURG VA 24503 Paul Shelton 4343863500 2011-02-17 1 Susan Ackley 4349489000 2009 2016-02-24 21:20:13Z PAUL SHELTON 501 VES Road Lynchburg VA 24503 21979197 0 X www.wclynchburg.org X 1975 VA TO OPERATE A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY GUIDED BY CHRISTIAN IDEALS. 16 16 494 175 0 -2081 125739 92403 20633523 20946857 219248 242991 668419 695130 21646929 21977381 376207 520859 0 11261633 12438128 0 0 10208208 10367813 21846048 23326800 -199119 -1349419 56660491 58655908 63570248 66111684 -6909757 -7455776 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 21578665 520859 21641987 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 448 TOTAL RESIDENTS AT SEPTEMBER 30, 2010 WITH 94% 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. 21578665 1 1 0 0 0 0 0 0 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 49 0 494 0 0 0 0 0 0 0 0 0 0 1 1 16 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Paul Shelton 4343863533 501 VES ROAD Lynchburg VA 24503 SEAN HUYETT 40.00 X 0 0 0 HUNSDON CARY III 40.00 X 173867 0 33521 Joseph PL Payne 40.00 X 0 0 0 Elaine Robertson 40.00 X 0 0 0 Paul Shelton 40.00 X 0 0 0 Daniel Nimon 40.00 X 0 0 0 Denis Deane 40.00 X 0 0 0 Mr George P Ramsey Jr 2.00 X 0 0 0 Mr Wallace G McKenna 2.00 X 0 0 0 Mr E Starke Sydnor 2.00 X 0 0 0 Mr Max Guggenheimer Jr 2.00 X 0 0 0 Mr William N Mays 2.00 X 0 0 0 WILLIAM RUSSELL 2.00 X 0 0 0 Mr Lester LamB 2.00 X 0 0 0 Dr Stuart H Harris 2.00 X 0 0 0 MICHAEL A WEBB 2.00 X 0 0 0 Mr J Robert Montgomery 2.00 X 0 0 0 Mr Robert Power 2.00 X 0 0 0 Dr Joanna Harris 2.00 X 0 0 0 Ms Joyce Moorman 2.00 X 0 0 0 Ms Nancy B Glenn 2.00 X 0 0 0 The Rev Doug Wigner 2.00 X 0 0 0 ELIZABETH M ZELLNER 2.00 X 0 0 0 COMBINED COMPENSATION 40.00 X 525466 0 54168 699333 0 87689 5 0 1 0 SODEXO 9801 WASHINGTON BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICES 272251 1 92403 92403 RESIDENTIAL SVCS 623000 11111112 11111112 HEALTH CARE SVCS 623000 9528866 9528866 Therapy SVCS 623000 290550 290550 COMMUNITY SVCS 623000 13657 13657 Dental SVCS 623000 2672 2672 20946857 244807 244807 1816 -1816 -1816 -1816 Meals and Lodging 623000 274994 274994 BEAUTY SHOP 623000 147754 147754 OTHER REVENUE 623000 82031 82031 190351 190351 695130 21977381 21641987 0 242991 520859 520859 787022 787022 8853310 8447828 405482 721802 688743 33059 1357443 1295272 62171 718551 685641 32910 69210 66040 3170 48200 45992 2208 230680 220115 10565 137428 131134 6294 197714 188659 9055 1218684 1162868 55816 58414 55739 2675 1402124 1337907 64217 2425858 2314754 111104 220474 210376 10098 RAW FOOD EXPENSE 1118088 1066880 51208 THERAPY 828048 828048 SODEXO FEES 788816 752688 36128 PHARMACY 615763 615763 Repairs and Maintenance 388409 370620 17789 619903 572739 47164 23326800 21578665 1748135 0 6614611 8197976 2150090 999073 601915 876024 97279 107834 778330 677750 69806499 34236954 36080890 35569545 1923063 3677045 6481571 4737268 5746135 56660491 58655908 5425371 5345103 25615089 28997487 28453071 27695318 152110 86674 3924607 3987102 63570248 66111684 X -8788683 -9289555 160062 13752 1718864 1820027 -6909757 -7455776 56660491 58655908 X 0 1 1 X 0 X 340995 234560 192465 125739 92403 986162 18317819 19145530 20267712 20633523 20946858 99311442 18658814 19380090 20460177 20759262 21039261 100297604 0 0 0 100297604 994996 390181 167039 219248 244807 2016271 994996 390181 167039 219248 244807 2016271 517003 485510 491805 668420 695130 2857868 20170813 20255781 21119021 21646930 21979198 105171743 0.95370 0.95190 0.01920 0.02190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7822202 558393 74799 8305796 8131468 78156 387422 7822202 0.67980 0.43820 0.20220 1 0 437817 437817 61457264 29860953 31596311 724231 499691 224540 6934523 3876310 3058213 252664 252664 35569545 Mutual Funds 3473525 F U.S. GOVERNMENT AND AGENCY SECURITIES 2123835 F U.S. GOVERNMENT AND CORPORATE OBLIGATIONS 530527 F MARKETABLE EQUITY SECURITIES 353684 F 6481571 key man insurance 166442 other receivables 684304 Other Investments 2235800 TRUSTS HELD BY OTHERS 2659589 5746135 REFUNDABLE RESERVATION DEPOSIT 141400 ADVANCE FEE DEPOSITS 63070 REFUNDABLE ADVANCE FEES 2616764 ANNUITIES PAYABLE 981307 MISCELLANEOUS 184561 3987102 22183891 23326800 Part V, Line 4: Description of Intended Use of Endowment Funds: To help with operations of Westminster Canterbury of Lynchburg. THE CORPORATION'S TAX EXEMPT RETURNS FROM 2007 FORWARD ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 1 Residential fee assistance to residents 252 244989 Other Information: Part IV: The fellowship funds of the organization result from donations 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. X X X X X X 0 0 0 0 0 0 0 0 0 HUNSDON CARY III 168867 0 0 0 5000 0 33521 0 0 0 207388 0 0 0 Industrial Development Authority - City of Lynchburg 551244DP8 2005-04-21 5645000 Mortgage 0 0 industrial Development Authority - City of Lynchburg 551244Ep7 2007-02-07 24225000 mortgage 0 0 industrial Development Authority - City of Lynchburg 551244bs4 2001-01-01 29515000 mortgage 1 0 5645000 6077200 228900 1 0 1 1 24225000 23906195 532756 1 0 1 1 29515000 3472909 1000367 22806502 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, PART V, QUESTIONS 7G AND 7H: CONTRIBUTIONS The organization did not receive contributions of qualified intellectual property in 2009, therefore there was no Form 8899 required. Additionally, the organization did not receive any contribution of property that would require the organization to file Form 1098-C. Form 990, Part VI, Section A, line 6 WC has two member corporations: Westminster Presbyterian Homes, Inc, an organization of the Synod of the Virginias of the Presbyterian Church,USA and Southwestern Episcopal Homes, Inc, an orgainzation of the Diocese of Southwestern Virginia, part of the Protestant Episcopal Church in the USA. Form 990, Part VI, Section A, line 7a New board members are presented to the full board on a "slate". The full board approves the slate. If accepted, the slate is forwarded to the member corporations for approval. 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 The compensation plan is a well structured Wage Scale Administration program designed by SESCO Mangement 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. And a market value is also placed on the position. Form 990, Part VI, Section C, line 19 The Organization make its governing documents, conflict of interest policy, and financial statements available to the public. Organization keeps a copy of the audited financial statements and Form 990 in the library for public access. The Organization also submits quarterly statements to the MSRB data site. Form 990, Part VII Contact Addresses for Officers, Directors, Etc HUNSDON CARY, III - 3701 Manton Drive, Lynchburg, VA 24503. FORM 990, PART XI, QUESTION 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR WITH REGARD TO THE COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. Part IV, page 3, Question 12 Audited financials Westminster Canterbury and Westminster Canterbury Foundation are consolidated for financial statement purposes. The Westminster Canterbury of Lynchburg Foundation Inc 501 VES Road Lynchbrug VA 24503 205521424 To support the mission of Westminster Canterbury of Lynchburg VA 501 (c)3 509(a)(3) Type 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0