Form 990 for tax year 2024

Filed by WESTMINSTER VILLAGE MUNCIE INC.

Totals

Total revenue: $16,030,088
Total expenses: $17,291,564
Contributions and grants received: $139,285
Grants paid: $0
Program service revenue: $15,580,343
Investment income: $310,460
Other revenue: $0
Total assets, end of year: $19,771,081
Total liabilities, end of year: $16,011,259
Net assets or fund balances, end of year: $3,759,822
Program services expenses (Part IX): $15,604,243
Management and general expenses: $1,687,321
Fundraising expenses: $0
Program service expenses (Part III): $15,604,243

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$139,285
2a · Program service revenue: Resident and Health Care

total $15,560,932 · related or exempt $15,560,932
2b · Program service revenue: Other Resident Revenue

total $19,411 · related or exempt $19,411
3 · Investment income

total $113,705 · excluded $113,705
7a · Gross sales of assets other than inventory

securities $1,266,994
7b · Less cost or other basis and sales expenses

securities $1,070,239
7c · Gain or loss

securities $196,755
7d · Net gain or loss

total $196,755 · excluded $196,755

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $322,564 · program services $285,662 · management and general $36,902
7 · Other salaries and wages

total $8,365,554 · program services $7,408,521 · management and general $957,033
8 · Pension plan contributions

total $175,334 · program services $155,276 · management and general $20,058
9 · Other employee benefits

total $520,996 · program services $461,394 · management and general $59,602
10 · Payroll taxes

total $653,330 · program services $578,588 · management and general $74,742
11b · Fees: legal

total $10,290 · program services $9,062 · management and general $1,228
11g · Fees: other

total $1,109,338 · program services $976,910 · management and general $132,428
12 · Advertising and promotion

total $90,819 · management and general $90,819
13 · Office expenses

total $261,152 · program services $212,286 · management and general $48,866
16 · Occupancy

total $713,685 · program services $673,719 · management and general $39,966
20 · Interest

total $689,223 · program services $650,626 · management and general $38,597
22 · Depreciation, depletion and amortization

total $1,758,130 · program services $1,659,674 · management and general $98,456
23 · Insurance

total $424,136 · program services $400,384 · management and general $23,752
24a · Other expenses: Repairs and maintenance

total $839,389 · program services $797,264 · management and general $42,125
24b · Other expenses: Raw food

total $730,124 · program services $730,124
24c · Other expenses: Nursing and medical sup

total $332,614 · program services $332,614
24d · Other expenses: Credit losses

total $229,364 · program services $229,364
24e · All other expenses

total $65,522 · program services $42,775 · management and general $22,747

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $332,493 · end of year $222,704
2 · Savings and temporary cash investments

beginning of year $185,372 · end of year $309,327
4 · Accounts receivable

beginning of year $1,148,406 · end of year $1,459,950
8 · Inventories for sale or use

beginning of year $123,199 · end of year $125,972
9 · Prepaid expenses and deferred charges

beginning of year $234,497 · end of year $145,579
10a · Land, buildings and equipment: cost or other basis

$47,579,034
10b · Land, buildings and equipment: accumulated depreciation

$33,561,968
10c · Land, buildings and equipment, net

beginning of year $15,458,325 · end of year $14,017,066
11 · Investments: publicly traded securities

beginning of year $4,094,437 · end of year $3,490,483
15 · Other assets

beginning of year $220,836 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $1,141,843 · end of year $1,222,440
19 · Deferred revenue

beginning of year $388,397 · end of year $380,727
20 · Tax-exempt bond liabilities

beginning of year $13,875,945 · end of year $13,384,508
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $414,904
25 · Other liabilities

beginning of year $714,090 · end of year $608,680
27 · Net assets without donor restrictions

beginning of year $5,627,290 · end of year $3,709,822
28 · Net assets with donor restrictions

beginning of year $50,000 · end of year $50,000

Mission and programs · 2024

Mission

Westminster village provides fulfilling life services and excellent continuing care empowering residents to experience an exceptional quality of life.

There have been approximately 557 residents and patients served in this fiscal year ended 6/30/2025.HOUSING - The Village provides residential facilities that are designed to meet the special needs of the elderly including: fully carpeted apartments, corridors and lounges; maintenance free living; bathrooms equipped with emergency call systems and grab-bars; elevators for wheelchair use; on-site commercial services including sundry shop, beauty shop and doctor's office; other amenities include three self-serve laundry rooms, a chapel, library, seven dining rooms, fitness center and various lounges throughout the facility.HEALTHCARE - The Village provides for the physical, social and spiritual well-being of residents that include: 24 hour nursing staff in residential, assisted living, memory care assisted living and skilled health care center; free wellness/vital checks; scheduled physical therapy, occupational therapy and speech therapy; exercise classes; various social, educational and informative activities; prescription delivery services; bible study and vespers services; 24 hour security to feel comfortable and safe; bus transportation to outside appointments, shopping, activities, etc.FINANCIAL SECURITY - Payment for services provided is critical to the long-term operation and financial stability of the facility. When appropriate, the Village provides for continuing care of the Village residents when their financial resources to pay have been reduced due to circumstances beyond their control. During the current year, the Village provided $71,296 of direct charity care write-offs. The Village also provides residents access to shredding services (secure document disposal) to reduce the risk of identity theft and loss of privacy and/or property.SOCIAL ACCOUNTABILITY - In addition to providing Housing, Healthcare, and Financial Security to the Village residents, as a not-for-profit organization, the Village also provides or sponsors programs and services for the benefit of the greater community. Local Not-for-profit organization sponsorships and underwriting include:East central nursing collaborative-Lifestream and Indiana state Department of Health - host site for meetingsWomen In Business Unlimited - host site of quarterly meetingsHealthy community alliance partner organizationVarious senior clubs - host siteSponsor Legacy Award Chamber GalaSponsor Muncie symphony holiday concertSponsor Muncie Civic Theatre ProgramThe Residents' Association of Westminster Village is provided space by Westminster Village to further their purpose and activities. Some of the association activities include: 1)providing tuition assistance grants to encourage Westminster Village employees to continue their education at accredited institutions of higher learning, 2)operating a resale shop offering items to employees, residents and visitors at an affordable price, 3)maintaining a memorial garden to honor deceased residents who lived at Westminster Village, 4)conducting the Sunday vespers service, 5)providing activities to help support and encourage those who live in our community, and 6)offering financial assistance to other charitable organizations.As the only not-for-profit continuing care retirement community in the area and the only not-for-profit facility in Delaware County, we have taken the lead role in organizing, promoting and coordinating a monthly health facilities administrators meeting for 30 long-term care and assisted living facilities. The purpose of the monthly administrators meeting is to educate and inform administrators and other staff members about current issues facing all facilities. These meetings are intended to improve the quality of life for all residents of all participating facilities.

Expenses $15,604,243 · Revenue $15,580,343

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

John Littler

Chairman

Total calculated

$0

Hours/week

1
Ron Fauquher

Vice Chairman

Total calculated

$0

Hours/week

1
Jerry Childs

Treasurer

Total calculated

$0

Hours/week

1
Magi Sikora

Secretary

Total calculated

$0

Hours/week

1
Andrew Dawson

Director

Total calculated

$0

Hours/week

1
Debbie Feick

Director

Total calculated

$0

Hours/week

1
Eric Scherrer

Director

Total calculated

$0

Hours/week

1
Jan Abbs

Director

Total calculated

$0

Hours/week

1
Janice Craig

Director

Total calculated

$0

Hours/week

1
Jay Matchett

Director

Total calculated

$0

Hours/week

1
Mark Ervin

Director

Total calculated

$0

Hours/week

1
Mike Galliher

Director

Total calculated

$0

Hours/week

1
Mary Jo Crutcher

President

Total calculated

$178,694

From this org

$173,199

From related orgs

$0

Other

$5,495

Hours/week

60

Schedule J breakdown matched by us

Base

$173,199

Bonus

$0

Other

$0

Deferred

$3,834

Nontaxable benefits

$1,661

Filer's total

$178,694
Dustin Jones

Chief Financial Officer

Total calculated

$143,870

From this org

$133,051

From related orgs

$0

Other

$10,819

Hours/week

50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2024
Filed: 4 November 2025
IRS schema version: 2024v5.2
Source object: 202513109349300321

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