Westminster-Canterbury Of Lynchburg Inc
- Assets
- $127.1m
- Revenue
- $33.6m
- Investments
- $35.2m
- Employees
- 536
- Location
- Lynchburg, VA
- Founding
- 12/1975
- Data as of
- 09/2021
- EIN
- 54-0988608
Organization Overview
Westminster-Canterbury Of Lynchburg Inc, operating under the name Westminister-Canterbury Of Lynchburg, is located in Lynchburg, VA. The organization was established in 1975. 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 09/2021, Westminister-Canterbury Of Lynchburg employed 536 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminister-Canterbury Of Lynchburg 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 09/2021, Westminister-Canterbury Of Lynchburg generated $33.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $32.3m during the year ending 09/2021. While expenses have increased by 3.7% per year over the past 6 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
TO OPERATE A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY GUIDED BY CHRISTIAN IDEALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 TOTAL OF 398 UNITS ACROSS INDEPENDENT LIVING, ASSISTED LIVING, AND THE HEALTH CENTER, WITH APPROXIMATELY 94% OF THE INDEPENDENT LIVING UNITS OCCUPIED AS OF SEPTEMBER 30, 2021. WCL IS COMMITTED TO A PROGRAM OF SERVICES WHICH PROVIDE RESIDENTS WITH HOUSING, HEALTHCARE, SECURITY AND A VARIETY OF ACTIVITIES AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Huyett President/ceo | OfficerTrustee | 38 | $334,631 |
Paul Shelton Vp/cfo | Officer | 38 | $181,325 |
Laura Hunter Dir Of Marketing | 40 | $168,062 | |
Kelly Riley Home Health & Hospice Dire | 40 | $121,525 | |
Debbie Callahn VP Of Marketing | 38 | $114,605 | |
Kathy Hostetter-Bradley Dir Of Hr | 40 | $113,512 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $332,191 |
| Government grants | $2,910,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,487,729 |
| Total Program Service Revenue | $28,717,865 |
| Investment income | $713,014 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $706,775 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,625,383 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,938,447 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,584,901 |
| Payroll taxes | $1,629,909 |
| Fees for services: Management | $542 |
| Fees for services: Legal | $30,258 |
| Fees for services: Accounting | $59,777 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $290,353 |
| Advertising and promotion | $161,862 |
| Office expenses | $1,010,894 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,431,902 |
| Travel | $58,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $670,150 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,288,884 |
| Insurance | $0 |
| All other expenses | $1,941,192 |
| Total functional expenses | $32,343,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,565,491 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,610,723 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $143,448 |
| Prepaid expenses and deferred charges | $447,813 |
| Net Land, buildings, and equipment | $81,993,289 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $35,233,547 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,090,504 |
| Total assets | $127,084,815 |
| Accounts payable and accrued expenses | $2,350,584 |
| Grants payable | $0 |
| Deferred revenue | $48,448,734 |
| Tax-exempt bond liabilities | $59,616,850 |
| 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 | $6,121,310 |
| Total liabilities | $116,537,478 |
| Net assets without donor restrictions | $5,288,480 |
| Net assets with donor restrictions | $5,258,857 |
| 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 | $127,084,815 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Westminster-Canterbury Of Lynchburg Inc has recieved totaling $29.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ashby Ponds Inc Ashburn, VA | $1,081,002,554 | $105,782,483 |
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 |
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 |
Givens Estates Inc Asheville, NC | $338,452,219 | $72,683,846 |
Presbyterian Homes Inc Colfax, NC | $256,348,828 | $62,438,008 |
Aldersgate United Methodist Retirement Community Inc Charlotte, NC | $165,248,151 | $44,725,662 |
Everyage Newton, NC | $158,969,277 | $58,100,743 |