Westminster Village Inc
- Assets
- $96.4m
- Revenue
- $25.8m
- Investments
- $0.0
- Employees
- 415
- Location
- Bloomington, IL
- Founding
- 03/1984
- Data as of
- 06/2023
- EIN
- 37-1101586
Organization Overview
Westminster Village Inc is located in Bloomington, IL. The organization was established in 1984. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2023, Westminster Village Inc employed 415 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster Village Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Westminster Village Inc generated $25.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $29.4m during the year ending 06/2023. While expenses have increased by 9.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENCE IN SENIOR LIVING THROUGH A CONTINUUM OF CARE AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLED NURSING OFFERS 96 LICENSED BEDS, 80 PRIVATE ROOMS AND 8 SEMI-PRIVATE ROOMS. SKILLED NURSING IS AVAILABLE FOR ALL RESIDENTS 24 HOURS A DAY. THE HEALTH CENTER PROVIDES BOTH SHORT-TERM, OFTEN POST-HOSPITAL, FOR RECUPERATION AND REHABILITATION, AS WELL AS LONG-TERM OR PERMANENT PLACEMENT. RESIDENTS RECEIVE THREE MEALS DAILY, HOUSEKEEPING SERVICES, ACTIVITY AND WELLNESS PROGRAMMING, ACCESS TO ALL COMMON AREAS AND PRIORITY ADMISSION TO WESTMINSTER APARTMENTS. THERAPY SERVICES, PODIATRY SERVICES, LABORATORY SERVICES AND COSMETOLOGY SERVICES ARE ALSO AVAILABLE ONSITE AT AN ADDITIONAL CHARGE.
INDEPENDENT LIVING ALSO OFFERS 21 DUPLEX UNITS SITUATED ON THE NORTHEAST CORNER OF THE PROPERTY IN A NEIGHBORHOOD STYLE WITH A COMMUNITY CLUBHOUSE. THERE ARE THREE SIZE OFFERINGS, ALL WITH 2 BEDROOMS AND ATTACHED GARAGES. RESIDENTS ARE PROVIDED WITH ONE MEAL DAILY, ALL UTILITIES EXCEPT TELEPHONE, EMERGENCY CALL SYSTEM, EXTERIOR AND GROUNDS MAINTENANCE, PRIORITY ADMISSIONS TO WESTMINSTER APARTMENTS AND SKILLED NURSING AND ACCESS TO ALL PROGRAMS AND ACTIVITIES. ADDITIONAL MEALS, HOUSEKEEPING, TECHNOLOGY SUPPORT, RESIDENT CONVENIENCE STORE, COSMETOLOGY SERVICES AND OTHER SERVICES ARE ALSO AVAILABLE ONSITE AT AN ADDITIONAL CHARGE.
INDEPENDENT LIVING OFFERS 219 UNITS HOUSED IN 3 APARTMENT BUILDINGS, WHICH ALL CONNECT TO THE CENTRAL COMMUNITY CENTER. RESIDENTS CAN CHOOSE FROM A VARIETY OF SPACIOUS FLOOR PLANS, INCLUDING STUDIO, ONE BEDROOM AND TWO BEDROOM UNITS. RESIDENTS ARE PROVIDED WITH ONE MEAL DAILY, BIWEEKLY LINEN LAUNDRY AND HOUSEKEEPING SERVICES, ALL UTILITIES EXCEPT TELEPHONE, EMERGENCY CALL SYSTEM, PRIORITY ADMISSION TO ASSISTED LIVING AND SKILLED NURSING UNITS AND ACCESS TO ALL PROGRAMS AND ACTIVITIES. ADDITIONAL MEALS, TECHNOLOGY SUPPORT, RESIDENT CONVENIENCE STORE, COSMETOLOGY SERVICES AND OTHER SERVICES ARE ALSO AVAILABLE ONSITE AT AN ADDITIONAL CHARGE.
ASSISTED LIVING OFFERS 60 UNITS AND 12 MEMORY CARE UNITS, HOUSED IN 1 APARTMENT BUILDING, WHICH CONNECTS TO THE CENTRAL COMMUNITY CENTER. RESIDENTS CAN CHOOSE FROM A VARIETY OF SPACIOUS FLOOR PLANS, INCLUDING STUDIO, ONE BEDROOM AND TWO BEDROOM UNITS. RESIDENTS ARE PROVIDED WITH THREE MEALS DAILY, BIWEEKLY LINEN LAUNDRY AND HOUSEKEEPING SERVICES, WEEKLY LAUNDRY OF PERSONAL ITEMS, ALL UTILITIES EXCEPT TELEPHONE, EMERGENCY CALL SYSTEM, PRIORITY ADMISSION TO SKILLED NURSING AND ACCESS TO ALL PROGRAMS AND SERVICES. ADDITIONALLY, THREE LEVELS OF PERSONAL ASSISTANCE ARE AVAILABLE TO MEET A RESIDENT'S PERSONALIZED NEEDS, WHICH MAY INCLUDE BUT ARE NOT LIMITED TO MORNING AND EVENING CHECKS, MEAL REMINDERS OR ESCORTS, MEDICATION REMINDERS AND SUPERVISION AND ASSISTANCE WITH BATHING, DRESSING AND/OR GROOMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Nathan Chief Executive Officer (thru Feb 2023) | Officer | 40 | $213,178 |
Matthew Riehle Chief Executive Officer | Officer | 40 | $173,665 |
Kate Williams Chief Financial Officer | Officer | 40 | $154,951 |
Deborah Karr Care Plan Coordinator | 53 | $140,534 | |
Eon-Hee Seo Registered Nurse | 52 | $126,511 | |
Cynthia Patrick Director Of Nursing | 40 | $110,568 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pj Hoerr Repair & Maintenance Including Window An | 6/29/23 | $947,540 |
Healthpro Heritage Contract Therapy Services | 6/29/23 | $478,810 |
Bellis And Bolek Painting Renovation, Repair And Maintenance - Pai | 6/29/23 | $163,796 |
Carpets Plus Flooring & Installation For Residential | 6/29/23 | $150,801 |
Aramark Line & Laundry Service & Supplies | 6/29/23 | $145,901 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,399 |
| Total Program Service Revenue | $24,596,332 |
| Investment income | $349,883 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$17,631 |
| Net Gain/Loss on Asset Sales | $765,666 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,806,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $577,875 |
| Compensation of current officers, directors, key employees. | $288,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,905,304 |
| Pension plan accruals and contributions | $219,288 |
| Other employee benefits | $1,141,892 |
| Payroll taxes | $849,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,735 |
| Fees for services: Accounting | $43,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,474 |
| Fees for services: Other | $691,041 |
| Advertising and promotion | $375,758 |
| Office expenses | $24,171 |
| Information technology | $360,074 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,065,523 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,785,370 |
| Insurance | $769,472 |
| All other expenses | $1,190,194 |
| Total functional expenses | $29,448,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,645,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $746,004 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $68,938 |
| Prepaid expenses and deferred charges | $316,899 |
| Net Land, buildings, and equipment | $74,880,093 |
| Investments—publicly traded securities | $13,829,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,909,750 |
| Total assets | $96,396,139 |
| Accounts payable and accrued expenses | $3,597,706 |
| Grants payable | $0 |
| Deferred revenue | $7,440,686 |
| Tax-exempt bond liabilities | $64,291,532 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,369,077 |
| Total liabilities | $89,699,001 |
| Net assets without donor restrictions | $6,575,278 |
| Net assets with donor restrictions | $121,860 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $96,396,139 |