2025-11-13T11:40:39-05:00 2024-12-31 990 2024-01-01 900885759 WELL-SPRING SERVICES INC WELL 3365455421 5603 NEW GARDEN VILLAGE DR Greensboro NC 27410 RHONDA M CUMMONS CO DIRECTOR OF FINANCE 3364589117 2025-11-13 2024 2025-03-06 01:10:19Z X STEPHEN P FLEMING 5603 NEW GARDEN VILLAGE DR Greensboro NC 27410 8319572 false X X 2012 NC WELL-SPRING SERVICES INC. SUPPORTS WELL-SPRING RETIREMENT COMMUNITY INC. 25 25 18 0 0 0 0 0 2770190 2486022 57251 40716 2220566 5792834 5048007 8319572 0 0 0 0 2185147 2095799 0 0 0 482416 966629 2667563 3062428 2380444 5257144 66704039 76033764 1886333 2049151 64817706 73984613 WELL-SPRING SERVICES INC. THE CORPORATION WAS CREATED FOR THE PURPOSE OF SUPPORTING WELL-SPRING RETIREMENT COMMUNITY INC. THE RETIREMENT COMMUNITY WHICH IS TAX-EXEMPT PURSUANT TO INTERNAL REVENUE CODE THE CODE SECTIONS 501C3 AND 509A1. false false 3061658 0 2486022 THE ORGANIZATION PROVIDES SUPPORT SERVICES TO WELL-SPRING RETIREMENT COMMUNITY. 0 0 0 0 0 0 0 0 0 3061658 true false false false false false false false false false false false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false true true true false false false true 1 0 18 true false false false false false false false 0 false false false false false 25 25 false false false false false false false true true false false true true true true true true true true false X THE ORGANIZATION 3365455421 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 KENNETH BOGGS VICE-CHAIR IMM PAST CHAI 1.00 2.00 X X 0 0 0 KATHRYN COOKIE BILLINGS CHAIR 1.00 2.00 X X 0 0 0 JERRY BAILEY BOARD MEMBER 1.00 2.00 X 0 0 0 JEFF BLASER ASSISTANT SECRETARY 1.00 2.00 X X 0 0 0 ANTHONY BOYD BOARD MEMBER 1.00 2.00 X 0 0 0 CHRIS BROWN BOARD MEMBER 1.00 2.00 X 0 0 0 DAN CAMIA BOARD MEMBER 1.00 2.00 X 0 0 0 BARRY CANNER BOARD MEMBER 1.00 2.00 X 0 0 0 BOB CHANDLER BOARD MEMBER 1.00 2.00 X 0 0 0 TIM CLONTZ BOARD MEMBER 1.00 2.00 X 0 0 0 SALLY CONE BOARD MEMBER 1.00 2.00 X 0 0 0 SUSAN COX BOARD MEMBER 1.00 2.00 X 0 0 0 WENDY GATLIN BOARD MEMBER 1.00 2.00 X 0 0 0 RUSTY HOLT BOARD MEMBER 1.00 2.00 X 0 0 0 DARYL INGOLD BOARD MEMBER 1.00 2.00 X 0 0 0 JENNIFER KOENIG BOARD MEMBER 1.00 2.00 X 0 0 0 BONNIE MCALISTER BOARD MEMBER 1.00 2.00 X 0 0 0 SUSAN MCDONALD BOARD MEMBER 1.00 2.00 X 0 0 0 BOB POWELL BOARD MEMBER 1.00 2.00 X 0 0 0 SUSAN SHUMAKER BOARD MEMBER 1.00 2.00 X 0 0 0 CAROLE SIMMS BOARD MEMBER 1.00 2.00 X 0 0 0 MARTY STADLER BOARD MEMBER 1.00 2.00 X 0 0 0 TOM STEELE BOARD MEMBER 1.00 2.00 X 0 0 0 JENNIFER YOUNG BOARD MEMBER 1.00 2.00 X 0 0 0 BEN ZURAW BOARD MEMBER 1.00 2.00 X 0 0 0 STEPHEN P FLEMING PRESIDENT CEO 31.00 14.00 X 534571 0 49201 K ALAN TUTTEROW SECRETARY CFO 31.00 14.00 X 410135 0 37740 RICHARD WILLIAMS VP OF HUMAN RESOURCES 40.00 0.00 X 157481 0 35420 LYNN WOOTEN VP OF MARKETING 40.00 0.00 X 143867 0 16201 SCOTT HINSHAW CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 145065 0 18247 JERRY HAYES VP OF CONSTRUCTION SVCS 40.00 0.00 X 131781 0 23176 JANET HOLBROOK CONTROLLER 40.00 0.00 X 126686 0 17967 1649586 0 197952 7 false true false WOMBLE BOND DICKINSON PO BOX 601879 CHARLOTTE NC 28260 LEGAL SERVICES 225704 1 0 0 0 0 0 0 0 0 MANAGEMENT SERVICES 551112 2486022 2486022 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2486022 40716 0 0 40716 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 All other ambulatory health care services 621990 5790334 0 0 5790334 All other ambulatory health care services 621990 2500 0 0 2500 0 0 0 0 0 0 0 0 5792834 8319572 2486022 0 5833550 0 0 0 0 0 0 0 0 944706 944706 0 0 0 0 0 0 874310 874310 0 0 72331 72331 0 0 118992 118992 0 0 85460 85460 0 0 0 0 0 0 7682 7682 0 0 3833 3833 0 0 0 0 0 0 0 0 0 0 0 0 2303 2303 0 0 0 0 0 0 18355 18355 0 0 1155 1155 0 0 0 0 0 0 36261 36261 0 0 7641 7641 0 0 0 0 0 0 2381 2381 0 0 0 0 0 0 570631 570631 0 0 5244 5244 0 0 14247 14247 0 0 STRATEGIC INITATIVES 271266 271266 0 0 EMPLOYEE DEVELOPMENT & TRAINING 18982 18982 0 0 MISCELLANEOUS EXPENSE 3497 3497 0 0 DUES & SUBSCRIPTION 2381 2381 0 0 770 0 770 0 3062428 3061658 770 0 0 0 0 0 959718 2152760 0 0 0 0 116 481133 0 0 0 0 0 0 0 0 24180 0 0 0 27534 0 2454257 1324476 0 0 0 0 0 0 63238234 72075395 66704039 76033764 533644 950565 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1352689 1098586 1886333 2049151 X 57414102 66603793 7403604 7380820 64817706 73984613 66704039 76033764 5257144 2083 0 0 0 3907680 X false true X true false X X 1 WELLSPRING RETIRMENT COMMUNITY 561497371 10 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false MEMBERSHIP INTEREST - PACE ORGANIZATIONS 14606372 BENEFICIAL INTEREST IN NET ASSETS OF AFFILIATES 57436052 DUE FROM RELATED ENTITY 32971 72075395 OTHER LIABILITY 1068469 DUE TO RELATED PARTY 30117 1098586 Part X, line 2 THE ORGANIZATION FOLLOWS GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS. X X X X false false false false false false false false false STEPHEN P FLEMING PRESIDENT CEO 441171 0 93400 0 0 0 45316 0 3885 0 583772 0 0 0 K ALAN TUTTEROW SECRETARY CFO 348747 0 61388 0 0 0 34130 0 3610 0 447875 0 0 0 RICHARD WILLIAMS VP OF HUMAN RESOURCES 145419 0 12062 0 0 0 32606 0 2814 0 192901 0 0 0 Part I | PartandLinenumber:,Explanation:|Part I Line 3,1. A BOARD OF TRUSTEES COMPENSATION COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE BOARD CHAIR. THE COMMITTEE SHALL BE COMPRISED OF THE CURRENT CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT (IF ANY) AND 1-2 TRUSTEES AT LARGE. 2. THE COMMITTEE SHALL MEET APPROXIMATELY THIRTY DAYS PRIOR TO THE END OF THE WELL-SPRING RETIREMENT COMMUNITY'S FISCAL YEAR. 3. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE COMPARABLE SALARY AND BENEFIT DATA THROUGH EXTERNAL SOURCES SUCH AS: THE CEMO SALARY AND BENEFIT REPORT, LEADING AGE NC WAGE SURVEY, PUBLIC RECORD IRS FORM 990S, AND INDEPENDENT SURVEYS. 4. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE A STATEMENT OF ACHIEVEMENTS COMPARED TO GOALS FOR THE CURRENT YEAR AND A PRELIMINARY LIST OF PERFORMANCE GOALS FOR THE SUCCEEDING YEAR.| Part I & Part II | PartandLinenumber:,Explanation:| Part I Line 3,5. AT THE MEETING THE PRESIDENT CEO SHALL INFORM THE COMMITTEE OF PROPOSED SALARY ADJUSTMENTS FOR SENIOR MANAGEMENT FOR THE SUCCEEDING YEAR. THE PRESIDENT CEO MAY PRESENT COMPARABLE SALARY DATA FOR SENIOR MANAGEMENT AT THE COMMITTEES DISCRETION. 6. AT THE MEETING AND AFTER PRESENTING YEAR-END RESULTS AND SUCCEEDING YEAR GOALS THE COMMITTEE MAY EXCUSE THE PRESIDENT CEO ENTER INTO EXECUTIVE SESSION AND DISCUSS THE PRESIDENT CEOS PERFORMANCE AND COMPENSATION. 7. AT THE CONCLUSION OF THE MEETING THE BOARD OF TRUSTEES CHAIR SHALL MEET WITH THE PRESIDENT CEO IN ORDER TO REVIEW THE COMMITTEES ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT CEOS COMPENSATION SHALL BE AUTHORIZED BY SIGNATURE OF THE BOARD CHAIR OR VICE CHAIR ONLY.|Part I Line 3,8. AT THE FIRST BOARD OF TRUSTEES MEETING FOLLOWING THE COMPENSATION COMMITTEES MEETING THE BOARD OF TRUSTEES CHAIR SHALL REPORT THE COMMITTEES FINDINGS AND THE COMMITTEES ACTIONS REGARDING EMPLOYMENT STATUS RECOMMENDATIONS AND SALARY OR BENEFIT ADJUSTMENTS FOR THE PRESIDENT CEO. EXECUTIVE MANAGERS COMPENSATION PHILOSOPHY OBJECTIVE: THE COMPENSATION COMMITTEE BELIEVES THAT THE PRIMARY OBJECTIVES OF WELL-SPRINGS EXECUTIVE COMPENSATION POLICIES SHOULD BE: - TO ATTRACT AND RETAIN TALENTED EXECUTIVES BY PROVIDING COMPENSATION THAT IS OVERALL HIGHLY COMPETITIVE WITH THE COMPENSATION PROVIDED TO EXECUTIVES AT COMPANIES OF COMPARABLE POSITION IN THE CONTINUING CARE RETIREMENT COMMUNITY FIELD WHILE MAINTAINING COMPENSATION WITHIN LEVELS THAT ARE CONSISTENT WITH WELL-SPRINGS ANNUAL BUDGET FINANCIAL OBJECTIVES OPERATING PERFORMANCE AND RESIDENT AND STAFF SATISFACTION;|Part I Line 3,AND - TO PROVIDE APPROPRIATE INCENTIVES FOR EXECUTIVES TO WORK TOWARD THE ACHIEVEMENT OF WELL-SPRINGS ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON WELL-SPRINGS ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION WELL-SPRINGS FINANCIAL PERFORMANCE ITS ANNUAL BUDGET ITS POSITION IN THE INDUSTRY AND WELL-SPRINGS MISSION STATEMENT AND CORE VALUES. THE COMPENSATION COMMITTEE BELIEVES THAT IN ADDITION TO CORPORATE PERFORMANCE IT IS APPROPRIATE IN SETTING AND REVIEWING EXECUTIVE COMPENSATION TO CONSIDER THE LEVEL OF EXPERIENCE AND RESPONSIBILITIES OF EACH EXECUTIVE OFFICER AS WELL AS THE PERSONAL CONTRIBUTIONS A PARTICULAR INDIVIDUAL MAY MAKE TO THE SUCCESS OF WELL-SPRING RETIREMENT COMMUNITY INC. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.| Doing Business As Names WELL-SPRING GROUP Part VI, Line 11a THE RETURN IS EMAILED TO EACH BOARD MEMBER. MEMBERS OF THE FINANCE STAFF ARE AVAILABLE TO RESPOND TO ANY QUESTIONS OR ADDRESS ANY ISSUES. BOARD MEMBERS APPROVED THE RETURN VIA AN EMAIL VOTE. Part VI, Line 12c THE TRUSTEES SHALL COMPLETE AND RETURN TO THE SECRETARY AN ANNUAL STATEMENT THAT EACH OF THEM: A HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B HAS READ AND UNDERSTANDS THE POLICY; C AGREES TO COMPLY WITH THIS POLICY; D UNDERSTANDS THAT THE POLICY APPLIES TO ALL COMMITTEES; AND E UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND MUST CONTINUOUSLY ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. Part VI, Line 15 PRESIDENT CEO COMPENSATION: IT SHALL BE THE POLICY OF WELL-SPRING RETIREMENT COMMUNITY TO ANNUALLY REVIEW THE PERFORMANCE OF THE PRESIDENT AND CEO UNLESS CIRCUMSTANCES DEMAND MORE FREQUENT REVIEW INTERVALS. THE PRESIDENT CEOS REVIEW SHALL BE CONDUCTED BY THE BOARD OF TRUSTEES; HOWEVER THE BOARD OF TRUSTEES MAY DELEGATE THIS FUNCTION TO ITS COMPENSATION COMMITTEE. PROCEDURES FOR SETTING COMPENSATION: 1. A BOARD OF TRUSTEES COMPENSATION COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE BOARD CHAIR. THE COMMITTEE SHALL BE COMPRISED OF THE CURRENT CHAIR IMMEDIATE PAST CHAIR CHAIR-ELECT IF ANY AND 1-2 TRUSTEES AT LARGE. 2. THE COMMITTEE SHALL MEET APPROXIMATELY THIRTY DAYS PRIOR TO THE END OF THE WELL-SPRING RETIREMENT COMMUNITYS FISCAL YEAR. 3. PRIOR TO THE MEETING THE PRESIDENT CEO SHALL PROVIDE COMPARABLE SALARY AND BENEFIT DATA THROUGH EXTERNAL SOURCES SUCH AS: THE CEMO SALARY AND BENEFIT REPORT LEADING AGE NC WAGE SURVEY PUBLIC RECORD IRS FORM 990S AND INDEPENDENT SURVEYS. 4. PRIOR TO THE MEETING THE PRESIDENT CEO SHALL PROVIDE A STATEMENT OF ACHIEVEMENTS COMPARED TO GOALS FOR THE CURRENT YEAR AND A PRELIMINARY LIST OF PERFORMANCE GOALS FOR THE SUCCEEDING YEAR. 5. AT THE MEETING THE PRESIDENT CEO SHALL INFORM THE COMMITTEE OF PROPOSED SALARY ADJUSTMENTS FOR SENIOR MANAGEMENT FOR THE SUCCEEDING YEAR. THE PRESIDENT CEO MAY PRESENT COMPARABLE SALARY DATA FOR SENIOR MANAGEMENT AT THE COMMITTEES DISCRETION. 6. AT THE MEETING AND AFTER PRESENTING YEAR-END RESULTS AND SUCCEEDING YEAR GOALS THE COMMITTEE MAY EXCUSE THE PRESIDENT CEO ENTER INTO EXECUTIVE SESSION AND DISCUSS THE PRESIDENT CEOS PERFORMANCE AND COMPENSATION. 7. AT THE CONCLUSION OF THE MEETING THE BOARD OF TRUSTEES CHAIR SHALL MEET WITH THE PRESIDENT CEO IN ORDER TO REVIEW THE COMMITTEES ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT CEOS COMPENSATION SHALL BE AUTHORIZED BY SIGNATURE OF THE BOARD CHAIR OR VICE CHAIR ONLY. 8. AT THE FIRST BOARD OF TRUSTEES MEETING FOLLOWING THE COMPENSATION COMMITTEES MEETING THE BOARD OF TRUSTEES CHAIR SHALL REPORT THE COMMITTEES FINDINGS AND THE COMMITTEES ACTIONS REGARDING EMPLOYMENT STATUS RECOMMENDATIONS AND SALARY OR BENEFIT ADJUSTMENTS FOR THE PRESIDENT CEO. EXECUTIVE MANAGERS COMPENSATION PHILOSOPHY OBJECTIVE: THE COMPENSATION COMMITTEE BELIEVES THAT THE PRIMARY OBJECTIVES OF WELL-SPRINGS EXECUTIVE COMPENSATION POLICIES SHOULD BE: - TO ATTRACT AND RETAIN TALENTED EXECUTIVES BY PROVIDING COMPENSATION THAT IS OVERALL HIGHLY COMPETITIVE WITH THE COMPENSATION PROVIDED TO EXECUTIVES AT COMPANIES OF COMPARABLE POSITION IN THE CONTINUING CARE RETIREMENT COMMUNITY FIELD WHILE MAINTAINING COMPENSATION WITHIN LEVELS THAT ARE CONSISTENT WITH WELL-SPRINGS ANNUAL BUDGET FINANCIAL OBJECTIVES OPERATING PERFORMANCE AND RESIDENT AND STAFF SATISFACTION; AND - TO PROVIDE APPROPRIATE INCENTIVES FOR EXECUTIVES TO WORK TOWARD THE ACHIEVEMENT OF WELL-SPRINGS ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON WELL-SPRINGS ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION WELL-SPRINGS FINANCIAL PERFORMANCE ITS ANNUAL BUDGET ITS POSITION IN THE INDUSTRY AND WELL-SPRINGS MISSION STATEMENT AND CORE VALUES. THE COMPENSATION COMMITTEE BELIEVES THAT IN ADDITION TO CORPORATE PERFORMANCE IT IS APPROPRIATE IN SETTING AND REVIEWING EXECUTIVE COMPENSATION TO CONSIDER THE LEVEL OF EXPERIENCE AND RESPONSIBILITIES OF EACH EXECUTIVE OFFICER AS WELL AS THE PERSONAL CONTRIBUTIONS A PARTICULAR INDIVIDUAL MAY MAKE TO THE SUCCESS OF WELL-SPRING RETIREMENT COMMUNITY INC. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. Part VI, Line 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC INSPECTION UPON REQUEST. Part XI, Line 9 | Description:, Explanation:, Amount:| BENEFICIAL INTEREST IN NET ASSETS OF AFFILIATES, CHANGES IN NET ASSETS:, $3907680| WELL SPRING MANAGEMENT & DEVELOPMENT 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 460944965 RELATED NC 2486022 1283186 WELLSPRING SERVICES WELL SPRING FOUNDATION 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 562217797 FUNDRAISING NC 501(C)(3) Charity Status 12a N/A true PACE OF GUILFORD & ROCKINGHAM COUNTIES INC 721 GREEN VALLEY ROAD GREENSBORO NC 27410 271560334 ALL INCLUSIVE ELDERLY CARE NC 501(C)(3) Charity Status 10 N/A false WELL SPRING RETIREMENT COMMUNITY INC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 561497371 ELDERLY CARE NC 501(C)(3) Charity Status 10 N/A true ADULT CENTER FOR ENRICHMENT INC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 561599072 ADULT CARE CENTER NC 501(C)(3) Charity Status 10 N/A true ALAMANCE EXTENDED CARE INC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 581681364 ELDERLY CARE NC 501(C)(3) Charity Status 10 N/A true true false true true false false false false false false false true true true true false false false true KINTURA C 570631 CASH