2025-10-27T10:18:44-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-01-01 540534405 VIRGINIA BAPTIST HOMES INC VIRG 8045219206 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 JONATHAN COOK PRESIDENT & CEO 8045219206 2025-10-23 1 0 KATHRINE A WARLICK P02065266 7049985200 2025-10-22 2024 2025-03-06 01:10:19Z X LIFESPIRE OF VIRGINIA JONATHAN COOK 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 11799885 0 X WWW.LIFESPIRELIVING.ORG X 1946 VA OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE, WHILE PROVIDING "DIGNITY IN LIVING." 17 17 1844 17 0 0 1500 0 7603448 11213997 675650 542388 47275 43500 8327873 11799885 4405510 2500000 0 0 4395143 6073555 0 0 598872 3174835 5690182 11975488 14263737 -3647615 -2463852 91477486 106802120 122037158 134842748 -30559672 -28040628 OWN AND OPERATE PLANNED SERVICES COMMUNITIES FOR SENIOR ADULTS, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE, WHILE PROVIDING "DIGNITY IN LIVING". 0 0 10232737 2500000 11227997 THE ORGANIZATION SUPPORTED THE CHARITABLE PURPOSES OF OUR SUBSIDIARIES BY PROVIDING MANAGEMENT, CONDUCTING SHORT AND LONG RANGE PLANNING, DEVELOPING BUDGETS AND PERFORMING OTHER SUPPORTIVE SERVICES AS NEEDED. 10232737 1 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 1 1844 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X JONATHAN COOK 8045219206 3961 STILLMAN PKWY GLEN ALLEN VA 23060 JONATHAN COOK PRESIDENT & CEO 35.00 5.00 X 711925 0 48553 TRACEY JENNINGS COO 35.00 5.00 X 394404 0 45574 LISA LEGEER CSO 35.00 5.00 X 347887 0 57588 CHRISTOPHER MARKWITH CFO (UNTIL 2/24) 35.00 5.00 X 143720 0 12587 ERIK MAURITSEN CFO (AS OF 5/24) 35.00 5.00 X 160145 0 24428 JOHN P ROBINSON CHIEF MARKETING OFFICER 35.00 5.00 X 273378 0 66084 LAURA WOOTON VICE PRESIDENT OF HUMAN RESOURCES 40.00 0.00 X 219899 0 46271 PAULA BOLTON CORPORATE DIRECTOR OF CLINICAL 40.00 0.00 X 223891 0 31985 ROBERT WILBANKS VICE PRESIDENT OF IT (UNTIL 10/24) 40.00 0.00 X 196516 0 48258 CHRISTINE MORAN CORPORATE CONTROLLER 40.00 0.00 X 159609 0 65625 EMILY JUSTICE REGIONAL HUMAN RESOURCES 40.00 0.00 X 114404 0 27381 MR JAMES BALES TRUSTEE 1.00 0.00 X 0 0 0 MSSHARON BROOKS TRUSTEE 1.00 0.00 X 0 0 0 REV DAN CARLTON TRUSTEE 1.00 0.00 X 0 0 0 DR VALERIE CARTER TRUSTEE 1.00 0.00 X 0 0 0 MR SCOTT CAVE TRUSTEE 1.00 0.00 X 0 0 0 DRTIFFANY FRANKS TRUSTEE 1.00 0.00 X 0 0 0 REV NELSON HARRIS CHAIR 1.00 0.00 X X 0 0 0 MR JOHN JUNG TRUSTEE 1.00 0.00 X 0 0 0 MRS SARA L MARCHELLO VICE CHAIR 1.00 0.00 X X 0 0 0 MR ARNE OWENS TRUSTEE 1.00 0.00 X 0 0 0 DR PAM PARSONS TRUSTEE 1.00 0.00 X 0 0 0 MR JIM POATS TRUSTEE 1.00 0.00 X 0 0 0 MR JOHN POMA TRUSTEE 1.00 0.00 X 0 0 0 MRS SUSAN RUCKER TRUSTEE 1.00 0.00 X 0 0 0 MR MATTHEW SCOTT SECRETARY 1.00 0.00 X X 0 0 0 MR GARY THOMSON TRUSTEE 1.00 0.00 X 0 0 0 MR JIM VAUGHT TRUSTEE 1.00 0.00 X 0 0 0 2945778 0 474334 11 0 1 0 JAMERSON-LEWIS CONSTRUCTION 1306 STEPHENSON AVE LYNCHBURG VA 24501 CONSTRUCTION CONTRACTOR 4940952 G AND H CONTRACTING 1383 SOUTHSIDE DRIVE SALEM VA 24153 CONSTRUCTION CONTRACTOR 4083161 SFCS 305 SOUTH JEFFERSON ST ROANOKE VA 24011 CONSULTING 2377150 CENTURY CONSTRUCTION COMPANY 7416 FOREST HILL AVE RICHMOND VA 23225 CONSTRUCTION CONTRACTOR 1629716 JRL CONSULTING 3816 DODSON CHAPEL RD 525 HERMITAGE TN 37076 CONSULTING 534578 15 CORPORATE INCOME 561000 10937670 10937670 276327 276327 11213997 77462 77462 43500 0 43500 43500 43500 450926 14000 0 0 450926 14000 464926 14000 450926 11799885 11227997 0 571888 X 2500000 2500000 2286273 1234588 1005960 45725 3212742 1734885 1413589 64268 271902 146827 119635 5440 302638 163426 133159 6053 2073687 1596301 477386 162030 162030 21199 21199 163299 163299 86899 86899 125533 79220 46313 992808 992808 160127 160127 17128 17128 DUES/SUBSCRIPTIONS/LICE 1220432 770179 450253 MISCELLANEOUS EXPENSES 401873 253610 148263 BANK SERVICE CHARGES 148724 93855 54869 REPAIRS AND MAINTENANCE 116443 73484 42959 14263737 10232737 3432128 598872 20490469 2781911 2770320 -45000 1200593 1265983 3204393 2106897 962942 1097496 32178285 36057764 36645197 62873646 91477486 106802120 4106498 5262463 7616107 7188462 110314553 122391823 122037158 134842748 X -48437260 -46651314 17877588 18610686 -30559672 -28040628 91477486 106802120 X -2463852 2272049 2710847 X X 0 1 X 1 0 X X 5 CULPEPER BAPTIST RETIREMENT COMMUNITY INC 521368412 10 1 0 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 521368408 10 1 0 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC 521368410 10 1 0 0 THE GLEBE INC 541917966 10 1 0 0 LYNCHBURG BAPTIST RETIREMENT COMMUNITY LLC 871532163 10 1 0 0 5 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 5752211 21858 5774069 5741051 11160 5752211 5611490 129561 5741051 5388249 223241 5611490 5265183 123066 5388249 0.00000 0.80136 0.19864 0 1 1 459010 459010 746089 594499 151590 1976525 1512398 464127 22769 22769 1097496 BENEFICIAL INTEREST IN PERPETUAL TRUST 4553645 F INVESTMENTS UNDER BOND INDENTURE AGREEMENT 6535145 F OTHER INVESTMENTS 24968974 F 36057764 DUE FROM AFFILIATES 78800798 DEPOSITS AND OTHER CURRENT ASSETS 938521 RIGHT OF USE ASSET 349751 OTHER NON-CURRENT ASSETS 347034 BENEFICIAL INTEREST IN NET ASSETS OF AFFILIATES -17562458 62873646 DUE TO AFFILIATES 122042075 LEASE PAYABLE 349748 122391823 X PART V, LINE 4: VIRGINIA BAPTIST HOMES FOUNDATION, INC., A RELATED ORGANIZATION, HOLDS AND ADMINISTERS ENDOWMENTS FOR ALL OF THE RELATED ORGANIZATIONS LISTED IN SCHEDULE R. THE ENDOWMENTS ARE TO BE USED TOWARDS THE CONTINUATION OF RESIDENT SERVICES. THE AMOUNTS SHOWN IN PART V REPRESENT THE AGGREGATE BALANCE OF THE DONOR-RESTRICTED ASSETS HELD BY THE FOUNDATION ON BEHALF OF ALL RELATED ORGANIZATIONS. PART X, LINE 2: LIFESPIRE AND EACH OF ITS SUBSIDIARIES ARE NONPROFIT ORGANIZATIONS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). LIFESPIRE AND EACH OF ITS SUBSIDIARIES FILE AS TAX-EXEMPT ORGANIZATIONS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF ANY OF THE ENTITIES. MANAGEMENT IS NOT AWARE OF ANY SIGNFICIANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, OR EXCISE OR OTHER TAXES FOR LIFESPIRE OR ITS SUBSIDIARIES. LIFESPIRE AND EACH OF ITS SUBSIDIARIES FOLLOW GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON LIFESPIRE'S CONSOLIDATED FINANCIAL STATEMENTS. 1 VBH CAPGRO INC 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 994277603 501(C)(3) 2500000 0 TO SUPPORT THE CHARITABLE ACTIVITIES OF THE LIFESPIRE ENTITIES 1 0 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANT FUNDS SOLELY TO THE ORGANIZATIONS THAT IT SUPPORTS AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION. X X X X 0 1 0 1 1 1 1 1 0 JONATHAN COOK PRESIDENT & CEO 477238 0 234687 0 0 0 39604 0 8949 0 760478 0 0 0 TRACEY JENNINGS COO 314303 0 80101 0 0 0 33421 0 12153 0 439978 0 0 0 LISA LEGEER CSO 273949 0 73938 0 0 0 44114 0 13474 0 405475 0 0 0 CHRISTOPHER MARKWITH CFO (UNTIL 2/24) 143720 0 0 0 0 0 5956 0 6631 0 156307 0 0 0 ERIK MAURITSEN CFO (AS OF 5/24) 160145 0 0 0 0 0 15561 0 8867 0 184573 0 0 0 JOHN P ROBINSON CHIEF MARKETING OFFICER 192127 0 81251 0 0 0 34117 0 31967 0 339462 0 0 0 LAURA WOOTON VICE PRESIDENT OF HUMAN RESOURCES 195899 0 24000 0 0 0 33469 0 12802 0 266170 0 0 0 PAULA BOLTON CORPORATE DIRECTOR OF CLINICAL 183919 0 39972 0 0 0 16148 0 15837 0 255876 0 0 0 ROBERT WILBANKS VICE PRESIDENT OF IT (UNTIL 10/24) 177755 0 18761 0 0 0 26254 0 22004 0 244774 0 0 0 CHRISTINE MORAN CORPORATE CONTROLLER 154609 0 5000 0 0 0 33717 0 31908 0 225234 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES AFTER DELIBERATION, INCLUDING REVIEW OF THE "CHIEF EXECUTIVE OF MULTI-FACILITY ORGANIZATIONS COMPENSATION REPORT AND OTHER SENIOR LIVING INDUSTRY COMPARABILITY REPORTS. THIS PROCESS WAS LAST COMPLETED IN 2025. PART I, LINE 4B J COOK SERP $76,153 PART I, LINE 5 EFFECTIVE IN 2016 THE BOARD OF TRUSTEES IMPLEMENTED AN INCENTIVE COMPENSATION PLAN BASE ON SEVERAL SPECIFIED FACTORS, ONE OF WHICH IS ADJUSTED NET OPERATING MARGIN. PART I, LINE 6 A PORTION OF MR. JOHN P. ROBINSON'S COMPENSATION IS NON-FIXED AND IS BASED UPON THE AMOUNT OF NET ENTRY FEES COLLECTED FROM RESIDENTS. MR. ROBINSON IS THE ORGANIZATION'S CHIEF MARKETING OFFICER PART I, LINE 7 SEE PART I, LINE 6 DESCRIPTION ABOVE. A EDA OF NEWPORT NEWS 521290859 65225PAM8 2016-10-12 91459243 TO REFUND 2006 TAX-EXEMPT BONDS AND SECURED DEBT 0 0 1 A 1609918 5998659 251296 56237 5942422 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 AMENDED RETURN EXPLANATION THE RETURN HAS BEEN AMENDED TO RE-ALLOCATE $730,277 OF EXPENSES ASSOCIATED WITH CONTRACTED PROFESSIONAL SERVICES REPORTED ON PART IX, LINE 11G. THIS EXPENSE WAS ALLOCATED TO FUNDRAISING ON THE ORIGINAL RETURN AND HAS BEEN MOVED TO PROGRAM EXPENSES ON THIS AMENDED RETURN. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THIS FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, AND CONTROLLER, IN CONSULTATION AS NECESSARY WITH THE ORGANIZATION'S AUDIT/ACCOUNTING FIRM AND PREPARER. FOLLOWING THE INTERNAL REVIEW, THE 990 IS SENT TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW, AND THE FULL BOARD IS NOTIFIED THAT THE RETURN IS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND THE VIRGINIA BAPTIST HOMES, INC. COMPLIANCE OFFICER MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY, IN ACCORDANCE WITH THE VBH CORPORATE COMPLIANCE PROGRAM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES IS SET BY THE BOARD OF TRUSTEES AFTER DELIBERATION, INCLUDING REVIEW OF THE "CHIEF EXECUTIVE OF MULTI-FACILITY ORGANIZATIONS COMPENSATION REPORT AND OTHER SENIOR LIVING INDUSTRY COMPARABILITY REPORTS. ALL POSITIONS OTHER THAN THE CEO AND OFFICERS ARE REVIEWED AND BENCHMARKED BY A THIRD PARTY, LOCKTON. THEIR RECOMMENDATIONS ARE PROVIDED TO MANAGEMENT IN EVALUATING SALARY INCREASE AND ANNUAL MERIT INCREASES FOR ALL TEAM MEMBERS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND ASSOCIATED MATERIALS ARE MADE AVAILABLE AT, OR BY REQUEST TO, EITHER THE BUSINESS' LOCATION OR THE HEADQUARTERS OF VIRGINIA BAPTIST HOMES, INC. THE FORM 990 MAY ALSO BE VIEWED ON CERTAIN THIRD PARTY WEBSITES. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,596,301. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,596,301. CONTRACTED DEVELOPMENT COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 477,386. TOTAL EXPENSES 477,386. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF PERPETUAL TRUSTS 334,295. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF AFFILIATES 2,376,552. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CULPEPER BAPTIST COMMUNITY INC PO BOX 191 CULPEPER VA 22701 521368412 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC 955 HARPERVILLE RD NEWPORT NEWS VA 22701 521368408 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC 1900 LAUDERDALE DR RICHMOND VA 23238 521368410 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 THE GLEBE INC 200 THE GLEBE BLVD DALEVILLE VA 24083 541917966 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 VIRGINIA BAPTIST HOMES FOUNDATION INC 1900 LAUDERDALE DR RICHMOND VA 23238 521373103 SUPPORT FOR VBH NONPROFITS VA 501(C)(3) LINE 12A, I N/A 0 THE SUMMIT 1300 ENTERPRISE DR LYNCHBURG VA 24502 871532163 SENIOR LIVING COMMUNITY VA 501(C)(3) LINE 10 N/A 0 VBH CAPGRO 3961 STILLMAN PARKWAY GLEN ALLEN VA 23060 994277603 HOLDING COMPANY VA 501(C)(3) LINE 12B, II N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0