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Westminster-Canterbury Corporation

Westminster-Canterbury Corporation

Richmond, VA 232273337
Tax ID23-7162493

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About this organization

Revenue

$75,738,304

Expenses

$65,835,003

Website

wcrichmond.org

Mission

AS A MINISTRY OF THE EPISCOPAL AND PRESBYTERIAN CHURCHES, WESTMINSTER CANTERBURY PROVIDES AN INSURANCE PRODUCT OFFERING INDEPENDENT LIVING; MEMORY SUPPORT; ASSISTED LIVING; AND INTERMEDIATE AND SKILLED NURSING BEDS, ALL FOR PERSONS AGES 62 AND OLDER. FINANCIAL AID IS AVAILABLE TO THOSE WHOSE FINANCIAL RESOURCES ARE NOT SUFFICIENT TO COVER ENTRANCE FEE, MONTHLY FEE OR BOTH.

About

AS A MINISTRY OF THE EPISCOPAL AND PRESBYTERIAN CHURCHES, WESTMINSTER CANTERBURY PROVIDES 509 RESIDENCES FOR INDEPENDENT LIVING,; 72 APARTMENTS FOR THOSE WITH COGNITIVE DECLINE, 97 APARTMENTS FOR ASSISTED LIVING; AND 158 INTERMEDIATE AND SKILLED NURSING BEDS, ALL FOR PERSONS AGED 62 AND OLDER. IN ADDITION, WESTMINSTER CANTERBURY PROVIDES RESIDENTS WITH THE OPPORTUNITIES FOR SOCIALIZATION, INTELLECTUAL STIMULATION, ENTERTAINMENT, RECREATION, PHYSICAL CARE AND SPIRITUAL ENRICHMENT. SPECIFIED SERVICES ARE PROVIDED UNDER THE CONTINUING CARE CONTRACT (RESIDENCE AND CARE AGREEMENT). WESTMINSTER CANTERBURY'S CCRC PRODUCTS ARE REGISTERED WITH THE COMMONWEALTH OF VIRGINIA, BUREAU OF INSURANCE. OTHER SERVICE AND FACILITIES MADE AVAILABLE ARE FOR AN EXTRA CHARGE I.E. MEALS PURCHASED INDIVIDUALLY OR AS PART OF AN OPTION PLAN, DRUGS, BEAUTY SHOP, INTERNET ETC. FINANCIAL AID IS AVAILABLE TO THOSE WHOSE FINANCIAL RESOURCES ARE NOT SUFFICIENT TO COVER ENTRANCE FEE, MONTHLY FEE OR BOTH. ALL FINANCIAL INFORMATION PROVIDED BY THE PROSPECTIVE RESIDENTS IS ANALYZED USING A SOFTWARE PROGRAM CALLED FINAID. THIS PROGRAM USES ACTUARIAL TABLES TO PROJECT HOW MUCH, IF ANY, FINANCIAL ASSISTANCE MAY BE NEEDED BY EACH PROSPECTIVE RESIDENT. ON AVERAGE WESTMINSTER CANTERBURY ASSISTS 110 RESIDENTS WITH FINANCIAL AID DURING THE YEAR.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “As a faith-based charitable organization, we will provide services, specific to need, in a compassionate, professional, holistic manner, through an inspiring environment and dynamic leadership for our residents, employees and others we serve.”.

Their activities were defined as: “As a ministry of the episcopal and presbyterian churches, westminster canterbury provides an insurance product offering independent living; memory support; assisted living; and intermediate and skilled nursing beds, all for persons ages 62 and older. financial aid is available to those whose financial resources are not sufficient to cover entrance fee, monthly fee or both.”.

  • As per legal requirements, the non-profit's state of operation is reported as VA.
  • The non-profit's address in 2020 as per the filing is 1600 WESTBROOK AVENUE, RICHMOND, VA, 232273337.
  • The form of the non-profit organization shows 706 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $9,903,301.
  • The organization has 18 independent voting members.
  • The organization was formed in 1975.
  • The organization pays $22,213,390 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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