Westminster-Canterbury On Chesapeake Bay
- Assets
- $181.5m
- Revenue
- $62.7m
- Investments
- $0.0
- Employees
- 1,029
- Location
- Virginia Beach, VA
- Founding
- 02/1979
- Data as of
- 09/2019
- EIN
- 54-1071734
Organization Overview
Westminster-Canterbury On Chesapeake Bay, operating under the name Westminster Canterbury On Chesapeake Bay Bay, is located in Virginia Beach, VA. The organization was established in 1979. 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 09/2019, Westminster Canterbury On Chesapeake Bay Bay employed 1,029 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2019, Westminster Canterbury On Chesapeake Bay Bay generated $62.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $60.6m during the year ending 09/2019. While expenses have increased by 5.4% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND OPERATE RETIREMENT COMMUNITIES AND TO PROVIDE RELATED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
WESTMINSTER-CANTERBURY AT HOME, LLC PROVIDES MEDICARE-CERTIFIED HOME HEALTH SERVICES, HOME CARE (PRIVATE DUTY) SERVICES, AND MEDICARE-CERTIFIED HOSPICE SERVICES UTILIZING OUR TEAM OF EXPERIENCED, WELL-TRAINED PROFESSIONALS CONSISTING OF PHYSICIANS, NURSES, AIDES, THERAPISTS, SOCIAL WORKERS, COUNSELORS AND VOLUNTEERS WHO PROVIDE MEDICAL CARE AND 24-HOUR SUPPORT SERVICES TO PATIENTS AND THEIR FAMILIES AT HOME, ON CAMPUS, AND THROUGHOUT HAMPTON ROADS.
SENIOR OPTIONS, LLC CONTINUES THE MISSION OF WESTMINSTER-CANTERBURY BY HELPING NON-PROFIT ORGANIZATIONS PROVIDE QUALITY HOME AND COMMUNITY BASED SERVICES SUCH AS HOME HEALTH, HOME CARE, AND HOSPICE, THROUGHOUT THEIR LOCAL COMMUNITY.
S.O. REALTY, LLC HOLDS A BUILDING USED TO PROVIDE OFFICE SPACE FOR SENIOR OPTIONS, LLC AND WESTMINSTER-CANTERBURY AT HOME LLC. IN ADDITION, THERE IS AN OUTSIDE TENANT THAT LEASES SPACE WITHIN THE BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Benjamin Unkle Jr President/ceo | Officer | 38 | $741,632 |
Nancy King Pres. Senior Options And Wc At Home | Officer | 40 | $335,651 |
Victoria Crenshaw VP Health And Resident Svcs | Officer | 40 | $262,537 |
David Myers Cfo/asst Treasurer (from Jan 2019) | Officer | 38 | $229,457 |
Mark Borst VP Development And General Services | Officer | 40 | $213,305 |
Richard Hoherz Cio | 40 | $185,275 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik Lifestyles Llc Facility Management, Food Supplies And S | 9/29/19 | $4,174,246 |
The Whiting Turner Contracting Company Contruction And Remodeling | 9/29/19 | $7,774,498 |
Damuth Servicesinc Hvac Equipment And Services | 9/29/19 | $1,820,100 |
Functional Pathways Contracted Therapy Services | 9/29/19 | $2,384,070 |
Slait Consulting It Helpdesk Support | 9/29/19 | $734,848 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $3,127,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,696,283 |
| Statement of Expenses | |
|---|---|
| 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. | $2,875,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,495,465 |
| Pension plan accruals and contributions | $789,404 |
| Other employee benefits | $2,388,240 |
| Payroll taxes | $1,692,662 |
| Fees for services: Management | $990,851 |
| Fees for services: Legal | $271,574 |
| Fees for services: Accounting | $59,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,133,170 |
| Advertising and promotion | $468,225 |
| Office expenses | $914,110 |
| Information technology | $660,877 |
| Royalties | $0 |
| Occupancy | $2,771,754 |
| Travel | $351,843 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,727 |
| Interest | $2,960,077 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,695,231 |
| Insurance | $873,406 |
| All other expenses | $0 |
| Total functional expenses | $60,613,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,591,478 |
| Savings and temporary cash investments | $98,956 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,776,388 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $360,756 |
| Prepaid expenses and deferred charges | $600,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $33,584,095 |
| Intangible assets | $0 |
| Other assets | $15,803,353 |
| Total assets | $181,465,545 |
| Accounts payable and accrued expenses | $9,741,785 |
| Grants payable | $0 |
| Deferred revenue | $94,023,284 |
| Tax-exempt bond liabilities | $79,738,666 |
| 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 | $9,090,895 |
| Total liabilities | $192,594,630 |
| Net assets without donor restrictions | -$11,129,085 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$11,129,085 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Westminster-Canterbury On Chesapeake Bay has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Endowment Analysis
| Beg. Balance | $2,587,874 |
| Earnings | $7,737 |
| Ending Balance | $2,595,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenspring Village Inc Springfield, VA | $569,090,728 | $93,929,946 |
Oak Crest Village Inc Parkville, MD | $424,538,804 | $92,752,531 |
Ashby Ponds Inc Ashburn, VA | $762,046,134 | $88,246,844 |
Goodwin House Incorporated Alexandria, VA | $424,363,325 | $93,583,962 |
Sentara Life Care Corporation Norfolk, VA | $44,157,960 | $76,095,498 |
Westminster-Canterbury Corporation Richmond, VA | $317,540,772 | $75,738,304 |
Virginia United Methodist Homes Inc Glen Allen, VA | $269,986,507 | $68,274,041 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $181,465,545 | $62,696,283 |
Givens Estates Inc Asheville, NC | $262,529,502 | $64,590,409 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $97,554,611 | $38,116,040 |
United Church Homes And Services Newton, NC | $147,957,912 | $48,870,902 |
Aldersgate United Methodist Retirement Community Inc Charlotte, NC | $178,019,173 | $39,654,647 |