Westminster Presbyterian Retirement Community Inc

Organization Overview

Westminster Presbyterian Retirement Community Inc, operating under the name Westminster At Lake Ridge, is located in Rockville, MD. The organization was established in 1990. 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 12/2021, Westminster At Lake Ridge employed 256 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster At Lake Ridge 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 12/2021, Westminster At Lake Ridge generated $25.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $26.4m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE QUALITY CONTINUING CARE SERVICES TO OLDER ADULTS IN PRESBYTERIAN-AFFILIATED ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WESTMINSTER PRESBYTERIAN RETIREMENT COMMUNITY, INC., (WESTMINSTER) THROUGH ITS GOVERNANCE, MANAGEMENT AND RESIDENTS, IS A COMMUNITY BASED IN CHRISTIAN VALUES AND PRINCIPLES, MEETING THE NEEDS OF THE ELDERLY, AND CARING FOR EACH OTHER IN A LOVING AND COMPASSIONATE WAY.WESTMINSTER OFFERS A BROAD RANGE OF FACILITIES AND SERVICES THAT PROVIDE COMFORTABLE RESIDENTIAL AND PROFESSIONAL HEALTH CARE FACILITIES, TAILORED TO ELDERLY PERSONS OF VARIOUS PHYSICAL, SOCIAL, EMOTIONAL, SPIRITUAL, AND ECONOMIC MEANS. LOCATED IN LAKE RIDGE, VIRGINIA, WESTMINSTER COMPRISES 235 APARTMENTS AND COTTAGES, 40 ASSISTED LIVING BEDS AND 60 SKILLED NURSING CARE BEDS. IN THE HEALTH CARE FACILITIES, SPECIAL EMPHASIS IS PLACED ON MAXIMIZING INDEPENDENCE AND THE OVERALL WELL-BEING OF THE RESIDENTS. WESTMINSTER OFFERS CHAPLAINCY AND SOCIAL SERVICE COUNSELING AS WELL AS SUPPORT GROUPS FOR RESIDENTS, FAMILIES AND STAFF. WESTMINSTER PARTNERS WITH VOLUNTEERS AND OTHER VENDORS TO ENSURE THE HIGHEST DEGREE OF RESIDENT SATISFACTION AND QUALITY OF LIFE. PROGRAMMING IS AVAILABLE TO ENABLE AND ENCOURAGE RESIDENT PARTICIPATION IN ALL AREAS OF RESIDENT WELLNESS AND MANAGEMENT DECISION MAKING. WESTMINSTER STRIVES TO ENSURE RESIDENT INDEPENDENCE AND INDIVIDUALITY WHILE CULTIVATING A SENSE OF COMMUNITY, OPEN COMMUNICATION AND MUTUAL RESPECT. WESTMINSTER IS GOVERNED BY A VOLUNTEER, COMMUNITY-BASED BOARD OF DIRECTORS. RESIDENTS VOLUNTEER BOTH WITHIN WESTMINSTER AND IN THE BROADER COMMUNITY. RESIDENTS MAINTAIN A RESIDENT ASSOCIATION WITH A VARIETY OF COMMITTEES THAT FOSTER COMMUNITY AND ENHANCE THE OVERALL QUALITY OF THE LIVES OF RESIDENTS. OUTSIDE FAMILY AND FRIENDS VOLUNTEER AND PROVIDE FELLOWSHIP. WESTMINSTER RESIDENTS HAVE ALSO ESTABLISHED A SCHOLARSHIP FUND TO PROVIDE GRANTS TO STUDENTS WHO GRADUATE HIGH SCHOOL, ARE CONTINUING THEIR HIGHER EDUCATION, AND WHO WORK AT WESTMINSTER.OVER 20 OUTSIDE ORGANIZATIONS COME TO WESTMINSTER FOR FUNCTIONS, SUCH AS THE ROTARY CLUB, THE LION'S CLUB, AND THE PRINCE WILLIAM AREA AGENCY ON AGING AND THE BOYS AND GIRLS CLUB.WESTMINSTER AT LAKE RIDGE RESIDENTS AND STAFF VISIT ROCKLEDGE ELEMENTARY SCHOOL ONCE A MONTH TO MENTOR KINDERGARTENERS WHILE THE STUDENTS READ AND PERFORM MATH ACTIVITIES. THE RESIDENTS ALSO HELP SORT FOOD ITEMS AT A LOCAL HOMELESS SHELTER IN MANASSAS. THE CORPORATION EXTENDS CHARITY CARE AND OTHER SUPPORT TO RESIDENTS WHO MEET CERTAIN CRITERIA UNDER ITS BENEVOLENT CARE POLICY AND ARE UNABLE TO PAY FOR SERVICES AT ALL LEVELS OF CARE AS NEEDED AND WHEN APPROPRIATE WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. BECAUSE THE CORPORATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO BE BENEVOLENT CARE, THEY ARE NOT REPORTED AS RESIDENT SERVICE REVENUES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Whiting Turner Contracting Company
Construction
$1,490,418
Sodexo Inc & Affiliates
Dining Services
$1,903,762
Cli Painting
Construction
$1,262,947
Jabs Construction Inc
Construction
$799,534
Flagship Rehabilitation
Outpatient Rehabilitation Services
$661,733
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$164,710
Government grants $724,419
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$889,129
Total Program Service Revenue$22,633,326
Investment income $827,577
Tax Exempt Bond Proceeds $555
Royalties $0
Net Rental Income -$19
Net Gain/Loss on Asset Sales $1,339,313
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,743,305

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Westminster Presbyterian Retirement Community Inc has recieved totaling $176,710.

Awarding OrganizationAmount
Westminster Ingleside Presbyterian Foundation

Rockville, MD

PURPOSE: TO SUPPORT THE CHARITABLE ACTIVITIES OF THE RELATED ORGANIZATION.

$164,710
American Endowment Foundation

Hudson, OH

PURPOSE: HUMAN SERVICE

$12,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$537,840
Earnings$71,952
Net Contributions$13,800
Grants$22,628
Ending Balance$600,964

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Westminster-Canterbury Corporation
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$77,739,552
Virginia United Methodist Homes Inc
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$70,234,834
Albright Care Services
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Westminster-Canterbury On Chesapeake Bay
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Menno-Haven Inc
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$60,604,024

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