Westminster-Canterbury Of Winchester Inc
- Assets
- $142.8m
- Revenue
- $31.1m
- Investments
- $39.9m
- Employees
- 386
- Location
- Winchester, VA
- Founding
- 11/1982
- Data as of
- 12/2022
- EIN
- 52-1266582
Organization Overview
Westminster-Canterbury Of Winchester Inc, operating under the name Shenandoah Valley Westminster-Canter, is located in Winchester, VA. The organization was established in 1982. 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 12/2022, Shenandoah Valley Westminster-Canter employed 386 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shenandoah Valley Westminster-Canter 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 12/2022, Shenandoah Valley Westminster-Canter generated $31.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $29.5m during the year ending 12/2022. While expenses have increased by 3.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENABLING RESIDENTS TO USE THEIR GIFTS FULLY, LIVE LIVES RICHLY, & ENJOY THE YEARS GOD HAS GIVEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ADDITION TO SERVING RESIDENTS OF SVWC, THE CORPORATION PROVIDES MEETING SPACE FOR LOCAL NON-PROFITS AND CIVIC ORGANIZATIONS; HOSTS CERTAIN COMMUNITY EVENTS; DONATES MEDICAL SUPPLIES TO THE LOCAL FREE MEDICAL CLINIC; BUILDING SUPPLIES TO HABITAT FOR HUMANITY; PROVIDES LAUNDRY SERVICES FOR THE WINCHESTER AREA TEMPORARY THERMAL SHELTER DURING WINTER MONTHS; AND PROVIDES FUNDING TO MANY COMMUNITY AND NATIONAL ORGANZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Rob Boyd Treasurer/secretary | OfficerTrustee | 1 | $0 |
Rev Dan Mccoig Chairman | OfficerTrustee | 1 | $0 |
Cindia Stewart PHD Vice Chair | OfficerTrustee | 1 | $0 |
Martin Tabaka Board Member | Trustee | 1 | $0 |
Pat Kofalt Board Member | Trustee | 1 | $0 |
Jeffrey M Webber Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Warfel Construction Contracting | 12/30/22 | $21,207,438 |
Carroll Construction Construction | 12/30/22 | $1,224,866 |
Corporate Interior Consulting Interior Design | 12/30/22 | $504,432 |
Siemens Industry Inc Contractor - Automation | 12/30/22 | $500,107 |
Bc Ziegler Financing | 12/30/22 | $303,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $155,800 |
| Government grants | $0 |
| 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 | $155,800 |
| Total Program Service Revenue | $29,212,518 |
| Investment income | $811,067 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $929,351 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,113,736 |
| 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. | $867,701 |
| Compensation of current officers, directors, key employees. | $123,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,698,988 |
| Pension plan accruals and contributions | $285,797 |
| Other employee benefits | $1,814,943 |
| Payroll taxes | $909,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,735 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,863 |
| Fees for services: Other | $1,561,245 |
| Advertising and promotion | $634,391 |
| Office expenses | $0 |
| Information technology | $65,003 |
| Royalties | $0 |
| Occupancy | $1,835,013 |
| Travel | $33,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,481 |
| Interest | $747,005 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,640,928 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $29,473,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,197 |
| Savings and temporary cash investments | $1,254,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,106,690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,931 |
| Prepaid expenses and deferred charges | $816,223 |
| Net Land, buildings, and equipment | $91,898,603 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $39,853,558 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,861,525 |
| Total assets | $142,821,645 |
| Accounts payable and accrued expenses | $6,066,271 |
| Grants payable | $0 |
| Deferred revenue | $54,954,634 |
| Tax-exempt bond liabilities | $49,211,151 |
| 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 | $8,894,361 |
| Total liabilities | $119,126,417 |
| Net assets without donor restrictions | $23,641,503 |
| Net assets with donor restrictions | $53,725 |
| 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 | $142,821,645 |