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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jean Paul Gregg Executive Director | Officer | 40 | $232,811 |
Ibrahim Kamara Community Dir. Health Svcs. | 40 | $147,283 | |
Pearl Karikari Director Of Nursing (until 8/21/21) | 40 | $113,553 | |
David Lane Director Of Property Management | 40 | $105,429 | |
Daniel Arnold Director Of Info Technology | 40 | $104,368 | |
Juanita Jones Director Of Hr | 40 | $100,728 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Whiting Turner Contracting Company Construction | 12/30/21 | $1,490,418 |
Sodexo Inc & Affiliates Dining Services | 12/30/21 | $1,903,762 |
Cli Painting Construction | 12/30/21 | $1,262,947 |
Jabs Construction Inc Construction | 12/30/21 | $799,534 |
Flagship Rehabilitation Outpatient Rehabilitation Services | 12/30/21 | $661,733 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $186,877 |
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. | $243,550 |
Compensation of current officers, directors, key employees. | $34,368 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,349,219 |
Pension plan accruals and contributions | $109,790 |
Other employee benefits | $905,566 |
Payroll taxes | $615,105 |
Fees for services: Management | $1,305,669 |
Fees for services: Legal | $32,507 |
Fees for services: Accounting | $55,715 |
Fees for services: Lobbying | $410 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $58,078 |
Fees for services: Other | $2,033,651 |
Advertising and promotion | $211,132 |
Office expenses | $95,291 |
Information technology | $346,404 |
Royalties | $0 |
Occupancy | $4,025,993 |
Travel | $18,839 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,025 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,883,438 |
Insurance | $394,307 |
All other expenses | $121,985 |
Total functional expenses | $26,420,437 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,858,283 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,509,056 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $737,821 |
Net Land, buildings, and equipment | $60,323,260 |
Investments—publicly traded securities | $14,200,908 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,964,241 |
Total assets | $89,593,569 |
Accounts payable and accrued expenses | $2,897,175 |
Grants payable | $0 |
Deferred revenue | $22,950,332 |
Tax-exempt bond liabilities | $44,605,300 |
Escrow or custodial account liability | $8,798 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,466,667 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $37,905,756 |
Total liabilities | $117,834,028 |
Net assets without donor restrictions | -$32,296,111 |
Net assets with donor restrictions | $4,055,652 |
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 | $89,593,569 |
Over the last fiscal year, we have identified 2 grants that Westminster Presbyterian Retirement Community Inc has recieved totaling $176,710.
Awarding Organization | Amount |
---|---|
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 |
Beg. Balance | $537,840 |
Earnings | $71,952 |
Net Contributions | $13,800 |
Grants | $22,628 |
Ending Balance | $600,964 |
Organization Name | Assets | Revenue |
---|---|---|
Ashby Ponds Inc Ashburn, VA | $1,081,002,554 | $105,782,483 |
Willow Valley Communities Lancaster, PA | $552,338,395 | $126,609,439 |
Greenspring Village Inc Springfield, VA | $635,246,519 | $86,958,670 |
Oak Crest Village Inc Parkville, MD | $495,556,334 | $90,971,954 |
Goodwin House Incorporated Alexandria, VA | $441,770,291 | $109,508,883 |
Spiritrust Lutheran York, PA | $151,346,375 | $71,838,005 |
Humangood Pennsylvania Lafayette Hill, PA | $322,351,436 | $66,729,303 |
Westminster-Canterbury Corporation Richmond, VA | $326,286,753 | $77,739,552 |
Virginia United Methodist Homes Inc Glen Allen, VA | $253,887,875 | $70,234,834 |
Albright Care Services Frederick, MD | $96,340,327 | $64,491,895 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $226,856,514 | $70,077,492 |
Menno-Haven Inc Chambersburg, PA | $224,712,119 | $60,604,024 |