2025-08-15T11:36:14-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-10-01 541666603 WESTMINSTER CANTERBURY ON CHESAPEAKE BAY FOUNDATION WEST 7574961778 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 DAVID B MYERS CFO 7574961778 2025-08-15 1 1 KATHERINE A WARLICK P02065266 7049985200 2025-08-14 2023 2025-03-06 01:10:19Z ASHLEY ALLMAN 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 2366579 0 X WWW.WCBAY.COM X 1992 VA TO SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY 20 20 0 35 0 0 1390645 1638459 0 0 502910 684315 -12019 -2296 1881536 2320478 995970 2056985 0 0 236377 241396 0 0 316081 358287 448841 1590634 2747222 290902 -426744 17047587 20487084 374150 782253 16673437 19704831 X SEE SCHEDULE O 0 0 284510 WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY FOUNDATION HOLDS SEVERAL DIFFERENT FUNDS SUCH AS THE EMPLOYEE EMERGENCY FUND, THE CHAPEL FUND, THE LIBRARY FUND, ETC. THESE FUNDS ARE USED TO PROVIDE SERVICES TO THE RESIDENTS AND EMPLOYEES. CONTRIBUTIONS ARE COLLECTED AND THE FUNDS ARE HELD FOR EXPENDITURES RELATED TO THESE FUNDS. 2056985 2056985 SEE SCHEDULE OWESTMINSTER-CANTERBURY ON CHESAPEAKE BAY FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO APPLICANTS WHO MEET THE ADMISSION REQUIREMENTS AND HAVE SERVED THEIR CHURCH AND/OR COMMUNITY, BUT LACK SUFFICIENT RESOURCES FOR ADMISSION. THE FOUNDATION ALSO PROVIDES FINANCIAL ASSISTANCE FOR RESIDENTS, WHO THROUGH NO FAULT OF THEIR OWN, EXPERIENCE FINANCIAL DIFFICULTIES AND CAN NO LONGER MEET THEIR MONTHLY OBLIGATIONS. DURING THE YEAR, 34 RESIDENTS RECEIVED MONTHLY FEE ASSISTANCE OF $709,045 AND 8 RESIDENTS RECEIVED ENTRANCE FEE ASSISTANCE OF $947,959. THE FOUNDATION ALSO PAID AN ADDITIONAL $176,441 TO RESIDENTS TO ASSIST WITH MEDICAL AND OTHER MISCELLANEOUS EXPENSES.THE RESIDENT EDUCATION FUND PROVIDES SCHOLARSHIP GRANTS TO EMPLOYEES AND CHILDREN OF EMPLOYEES ENROLLED IN A PROGRAM (USUALLY A DEGREE-GRANTING PROGRAM) AT AN ACCREDITED INSTITUTION OF HIGHER LEARNING. DURING THE YEAR, THE FUND AWARDED SCHOLARSHIP GRANTS TOTALING $85,000 TO 34 RECIPIENTS. 2341495 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X DAVID B MYERS - CFO 7574961778 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 DR WILLIAM C HEDRICK TRUSTEE, CHAIR 1.00 0.00 X X 0 0 0 FORREST E WILLIAMS TRUSTEE, VICE CHAIR 1.00 0.00 X X 0 0 0 THOMAS BARTON TRUSTEE 1.00 0.00 X 0 0 0 HELEN BERND TRUSTEE 1.00 0.00 X 0 0 0 CRAIG BISEK TRUSTEE 1.00 0.00 X 0 0 0 CRAIG COPE TRUSTEE 1.00 0.00 X 0 0 0 LESLIE DOYLE TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA EARHART TRUSTEE 1.00 0.00 X 0 0 0 LAURA FULTON TRUSTEE 1.00 0.00 X 0 0 0 LILLIE GILBERT TRUSTEE 1.00 0.00 X 0 0 0 GORDON HOLT TRUSTEE 1.00 0.00 X 0 0 0 REV RICHARD KEEVER TRUSTEE 1.00 0.00 X 0 0 0 DIANE KESTERSON TRUSTEE 1.00 0.00 X 0 0 0 REV JAY MAGNESS TRUSTEE 1.00 0.00 X 0 0 0 RICK QUIGG TRUSTEE 1.00 0.00 X 0 0 0 NEIL ROSE TRUSTEE 1.00 0.00 X 0 0 0 JAMES RUSSELL TRUSTEE 1.00 0.00 X 0 0 0 JOAN SPORE TRUSTEE 1.00 0.00 X 0 0 0 JOE VARNER TRUSTEE 1.00 0.00 X 0 0 0 LESLIE WATSON TRUSTEE 1.00 0.00 X 0 0 0 SHIRLEY G WHARTON TRUSTEE 1.00 0.00 X 0 0 0 J BENJAMIN UNKLE JR PRESIDENT/CEO 1.00 39.00 X 0 1128462 34269 DAVID B MYERS CFO/ASSISTANT TREASURER 1.00 39.00 X 0 263350 20342 ASHLEY ALLMAN VP DEVELOPMENT & MARKETING 1.00 39.00 X 0 237723 33097 0 1629535 87708 0 0 1 0 0 192150 1446309 1638459 430381 430381 253934 0 253934 253934 253934 43805 192150 46101 -2296 -2296 2320478 0 0 682019 138707 138707 1918278 1918278 201818 201818 28070 28070 11508 11508 44411 44411 44934 44934 48 48 PROGRAM SERVICES EXPENS 284510 284510 FUNDRAISING EXPENSES 74685 74685 MISCELLANEOUS EXPENSES 253 253 2747222 2341495 89646 316081 599878 471563 238649 344317 16209060 19671204 17047587 20487084 84817 542943 289333 239310 374150 782253 X 3426456 4244940 13246981 15459891 16673437 19704831 17047587 20487084 -426744 3458138 0 X X 0 1 X 1 0 X 1149073 1460599 1655595 1390645 1682264 7338176 1149073 1460599 1655595 1390645 1682264 7338176 1865532 5472644 417609 383902 477781 469008 430381 2178681 -12019 -12019 9504838 361930 0.57580 0.66970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2750451 667057 3417508 2520473 229978 2750451 3185535 -665062 2520473 2763373 422162 3185535 2595611 167762 2763373 0.09056 0.66517 0.24427 0 0 0 INVESTMENTS 19671204 F 19671204 X PART V, LINE 4: TO SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY. PART X, LINE 2: WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION FILES AS A TAX-EXEMPT ORGANIZATION. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF THE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE FOUNDATION. THE FOUNDATION HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. FESTIVAL OF TREES 118133 103256 14877 14877 GOLF TOURNAMENT 117822 88894 28928 3000 14774 13450 235955 192150 43805 3000 14774 14877 13450 46101 -2296 1 CANNABILITY CONSULTING 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 541666603 501(C)(3) 138707 0 PROVIDE START-UP CAPITAL 1 0 FELLOWSHIP ASSISTANCE FOR ENTRANCE FEES AND MONTHLY FEES 42 1656837 BOOK SCHOLARSHIP GRANTS TO EMPLOYEES AND IMMEDIATE FAMILY MEMBERS OF EMPLOYEE ENROLLED IN AN ACCREDITED INSTITUTION OF HIGHER LEARNING OR A TECHNICAL SCHOOL. 34 85000 BOOK RESIDENT ASSISTANCE FOR MEDICAL EXPENES AND OTHER MISCELLANOUS EXPENSES 52 176441 BOOK PART I, LINE 2: PROSPECTIVE RESIDENTS REQUESTING ENTRANCE FEE AND/OR MONTHLY FEE ASSISTANCE TO MOVE INTO WESTMINSTER-CANTERBURY MUST COMPLETE THE APPLICATION PACKAGE, WHICH INCLUDES A CONFIDENTIAL FINANCIAL STATEMENT. USING THE SUBMITTED CONFIDENTIAL FINANCIAL STATEMENT AND ACTUARIAL SOFTWARE, THE FINANCE DEPARTMENT CALCULATES THE FUTURE FINANCIAL NEEDS OF PROSPECTIVE RESIDENTS AND MAKES A RECOMMENDATION FOR FINANCIAL ASSISTANCE TO THE CFO. THE CFO AND THE FELLOWSHIP ASSISTANCE COMMITTEE MAKE THE FINAL DECISIONS TO AWARD FINANCIAL ASSISTANCE BASED ON NEED AND AVAILABILITY OF FUNDING. CURRENT RESIDENTS REQUESTING MONTHLY FEE ASSISTANCE TO MEET THEIR ROUTINE NEEDS MUST COMPLETE A CURRENT FINANCIAL STATEMENT, WHICH IS REVIEWED BY THE CFO. AFTER REVIEW, A DETERMINATION IS MADE WHETHER TO AWARD MONTHLY FEE ASSISTANCE BASED ON NEED AND AVAILABILITY OF FUNDING. MEDICAL AND OTHER ASSISTANCE IS AWARDED ON AN AS NEEDED BASIS BASED ON AVAILABILITY OF FUNDING. 0 1 0 0 1 0 1 0 0 J BENJAMIN UNKLE JR PRESIDENT/CEO 0 424166 0 637210 0 67086 0 11717 0 22552 0 1162731 0 0 DAVID B MYERS CFO/ASSISTANT TREASURER 0 239460 0 23128 0 762 0 9578 0 10764 0 283692 0 0 ASHLEY ALLMAN VP DEVELOPMENT & MARKETING 0 226431 0 11292 0 0 0 8795 0 24302 0 270820 0 0 PART I, LINE 3 COMPENSATION IS PAID BY WESTMINSTER CANTERBURY ON CHESAPEAKE BAY, A RELATED ORAGNIZATION. THE POLICY OF THE ORGANIZATION IS TO SET COMPENSATION AT MARKET PAY FOR ALL EMPLOYEES WHO ARE FULLY COMPETENT IN THEIR POSITIONS. MARKET PAY IS DETERMINED BY INDEPENDENT, OUTSIDE EXPERTS. ADDITIONALLY, A SUBSTANTIAL PORTION OF THE PRESIDENT AND CEO'S COMPENSATION IS AT-RISK PAY LINKED TO SPECIFIC GOALS AND RESULTS. ADDITIONALLY, THE BOARD PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE CEO CONTINGENT IN PART UPON LONGEVITY OF EMPLOYMENT TO ENCOURAGE RETENTION. TO DETERMINE COMPENSATION FOR THE PRESIDENT AND CEO, THE BOARD'S EXECUTIVE COMMITTEE, ACTING AS A PERSONNEL COMMITTEE, ENGAGES AN INDEPENDENT CONSULTANT WHO SPECIALIZES IN EXECUTIVE COMPENSATION. THE INDEPENDENT CONSULTANT PROVIDES THE EXECUTIVE COMMITTEE COMPENSATION DATA REPRESENTING COMPARABLE POSITIONS IN ORGANIZATIONS OF SIMILAR INDUSTRIES WITH SIMILAR REVENUE AND BUDGET SIZE. THE EXECUTIVE COMMITTEE USES THIS INFORMATION AND THE RECOMMENDATIONS OF THE INDEPENDENT CONSULTANT AS THE BASIS FOR SETTING COMPENSATION. PART I, LINE 4B INCLUDED IN THE COMPENSATION OF J. BENJAMIN UNKLE, JR. IS $68,170 FROM A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). FOR DETAILS OF HOW THE ORGANIZATION SETS COMPENSATION, PLEASE SEE THE DESCRIPTION IN THE NOTE FOR PART I, LINE 3. PART I, LINE 5 SOME OF THE MANAGEMENT STAFF'S BONUSES ARE CONTINGENT ON HITTING CERTAIN TARGETED REVENUE AMOUNTS. PART I, LINE 6 SOME OF THE MANAGEMENT STAFF'S COMPENSATION IS AT-RISK PAY DRIVEN BY A BALANCED SCORECARD TO INCLUDE FINANCIAL PERFORMANCE, QUALITY METRICS, AND SATISFACTION OF CONSTITUENTS SERVED IN ACHIEVING OUR MISSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY OF THE RETURN, SUBSEQUENT TO THAT REVIEW, IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS WHO SERVE ON THE BOARD OF DIRECTORS ARE ASKED TO READ OUR CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. IF ANY POTENTIAL CONFLICTS ARE DISCLOSED IN THE ANNUAL QUESTIONNAIRE, THE SITUATION IS REVIEWED WITH THE PRESIDENT AND THE CHAIR OF THE BOARD. IF NECESSARY, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING IF THERE IS A POSSIBILITY OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE POLICY OF THE ORGANIZATION IS TO SET COMPENSATION AT MARKET PAY FOR ALL EMPLOYEES WHO ARE FULLY COMPETENT IN THEIR POSITIONS. MARKET PAY IS DETERMINED BY INDEPENDENT, OUTSIDE EXPERTS. ADDITIONALLY, A SUBSTANTIAL PORTION OF THE PRESIDENT AND CEO'S COMPENSATION IS AT-RISK PAY LINKED TO SPECIFIC GOALS AND RESULTS. ADDITIONALLY, THE BOARD PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE CEO TO ENCOURAGE RETENTION. TO DETERMINE COMPENSATION FOR THE PRESIDENT AND CEO, THE BOARD'S EXECUTIVE COMMITTEE, ACTING AS A PERSONNEL COMMITTEE, ENGAGES AN INDEPENDENT CONSULTANT WHO SPECIALIZES IN EXECUTIVE COMPENSATION. THE INDEPENDENT CONSULTANT PROVIDES THE EXECUTIVE COMMITTEE COMPENSATION DATA REPRESENTING COMPARABLE POSITIONS IN ORGANIZATIONS OF SIMILAR INDUSTRIES WITH SIMILAR REVENUE AND BUDGET SIZE. THE EXECUTIVE COMMITTEE USES THIS INFORMATION AND THE RECOMMENDATIONS OF THE INDEPENDENT CONSULTANT AS A BASIS FOR SETTING COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND WITHIN THE COMMUNITY'S LIBRARY. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR. THE BALLENTINE HOME CORPORATION 3100 SHORE DRIVE VIRGINIA BEACH VA 23505 541327568 SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY VA 501(C)(3) 509(A)(3), TYPE 1 WCCB 0 WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 541071734 SERVICES TO OLDER ADULTS VA 501(C)(3) 509(A)(2) N/A 0 SENIOR OPTIONS COMMUNITY 3100 SHORE DRIVE VIRGINIA BEACH VA 23451 873737198 SUPPORT THE MISSION OF WESTMINSTER-CANTERBURY ON CHESAPEAKE BAY VA 501(C)(3) 509(A)(2) WCCB 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0