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Nonprofiteer
← WILLIAMSBURG RETIREMENT COMMUNITY INC

Form 990 for tax year 2022

Filed by WILLIAMSBURG RETIREMENT COMMUNITY INC.

Totals

Total revenue
$10,544,696
Total expenses
$10,509,381
Contributions and grants received
$840,505
Grants paid
$3,339
Program service revenue
$9,472,551
Investment income
$71,732
Other revenue
$159,908
Total assets, end of year
$31,940,649
Total liabilities, end of year
$7,002,109
Net assets or fund balances, end of year
$24,938,540
Program services expenses (Part IX)
$9,121,471
Management and general expenses
$1,387,910
Fundraising expenses
$0
Program service expenses (Part III)
$9,121,471

Program services were 86.8% 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.

  • 1d · Related organizations

    $825,215

  • 1e · Government grants (contributions)

    $15,290

  • 2a · Program service revenue: RESIDENT SERVICES

    total $9,472,551 · related or exempt $9,472,551

  • 3 · Investment income

    total $71,732 · excluded $71,732

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $32,297

  • 6c · Rental income or loss

    real property $32,297

  • 6d · Net rental income or loss

    total $32,297 · excluded $32,297

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $2,510

  • 10b · Cost of goods sold

    $3,517

  • 10c · Net income from sales of inventory

    total -$1,007 · excluded -$1,007

  • 11a · Other revenue: BEAUTY SHOP

    total $39,504 · excluded $39,504

  • 11b · Other revenue: CULINARY

    total $37,064 · excluded $37,064

  • 11c · Other revenue: OTHER RESIDENT SRVC

    total $35,108 · excluded $35,108

  • 11d · All other revenue

    total $16,942 · excluded $16,942

  • 11e · Other revenue, total

    $128,618

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $3,339 · program services $3,339

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,935,192 · program services $4,555,312 · management and general $379,880

  • 8 · Pension plan contributions

    total $60,466 · program services $55,812 · management and general $4,654

  • 9 · Other employee benefits

    total $621,732 · program services $573,875 · management and general $47,857

  • 10 · Payroll taxes

    total $364,005 · program services $335,986 · management and general $28,019

  • 11a · Fees: management

    total $356,460 · management and general $356,460

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $8,275 · management and general $8,275

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $499,051 · program services $483,705 · management and general $15,346

  • 12 · Advertising and promotion

    total $22,349 · program services $10,565 · management and general $11,784

  • 13 · Office expenses

    total $146,523 · program services $61,096 · management and general $85,427

  • 14 · Information technology

    total $109,004 · management and general $109,004

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $569,439 · program services $506,814 · management and general $62,625

  • 17 · Travel

    total $14,098 · program services $14,098

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $12,687 · program services $12,687

  • 20 · Interest

    total $146,483 · program services $146,483

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,417,398 · program services $1,417,398

  • 23 · Insurance

    total $160,377 · management and general $160,377

  • 24a · Other expenses: FOOD

    total $454,886 · program services $454,886

  • 24b · Other expenses: BLDG MAINT

    total $294,212 · program services $294,212

  • 24c · Other expenses: MEDICAL SUPPLIES

    total $180,719 · program services $180,719

  • 24d · Other expenses: MISCELLANEOUS

    total $132,686 · program services $14,484 · management and general $118,202

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $3,082,127 · end of year $3,535,772

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $210,488 · end of year $170,115

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,088 · end of year $15,571

  • 10a · Land, buildings and equipment: cost or other basis

    $39,742,500

  • 10b · Land, buildings and equipment: accumulated depreciation

    $18,344,394

  • 10c · Land, buildings and equipment, net

    beginning of year $22,580,340 · end of year $21,398,106

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    beginning of year $6,350,343 · end of year $6,810,773

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $12,187 · end of year $10,312

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $466,205 · end of year $425,751

  • 20 · Tax-exempt bond liabilities

    beginning of year $3,959,271 · end of year $3,414,960

  • 21 · Escrow or custodial account liability

    beginning of year $1,851,778 · end of year $1,868,405

  • 25 · Other liabilities

    beginning of year $1,070,094 · end of year $1,292,993

  • 27 · Net assets without donor restrictions

    beginning of year $20,595,642 · end of year $19,261,336

  • 28 · Net assets with donor restrictions

    beginning of year $4,307,583 · end of year $5,677,204

Mission and programs · 2022

Mission

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

  • Williamsburg Retirement Community is located in Williamsburg, Iowa. The campus consists of a 59 bed nursing home, a 47 unit assisted living facility, 54 unit independent senior living apartments and 11 senior townhomes.

    Expenses $9,121,471 · Grants $3,339 · Revenue $9,472,551

As filed on the 2022 return.

Listed in Part VII

  • DAN LINDH

    BOARD PRESIDENT

    Total calculated
    $862,457
    From this org
    $0
    From related orgs
    $836,839
    Other
    $25,618
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $813,148 related
    Bonus
    not reported
    Other
    not reported + $23,691 related
    Deferred
    not reported + $14,750 related
    Nontaxable benefits
    not reported + $10,868 related
    Filer's total
    not reported + $862,457 related

  • MARK MEYER

    BOARD TREAURER

    Total calculated
    $478,878
    From this org
    $0
    From related orgs
    $449,215
    Other
    $29,663
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $425,562 related
    Bonus
    not reported
    Other
    not reported + $23,653 related
    Deferred
    not reported + $14,750 related
    Nontaxable benefits
    not reported + $14,913 related
    Filer's total
    not reported + $478,878 related

  • JONATHAN FLETCHER

    VP DEVELOPMENT

    Total calculated
    $383,339
    From this org
    $0
    From related orgs
    $358,151
    Other
    $25,188
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $351,146 related
    Bonus
    not reported
    Other
    not reported + $7,005 related
    Deferred
    not reported + $12,702 related
    Nontaxable benefits
    not reported + $12,486 related
    Filer's total
    not reported + $383,339 related

  • DUANE LARSON

    VP OPERATIONS

    Total calculated
    $351,791
    From this org
    $0
    From related orgs
    $329,917
    Other
    $21,874
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $308,632 related
    Bonus
    not reported
    Other
    not reported + $21,285 related
    Deferred
    not reported + $14,750 related
    Nontaxable benefits
    not reported + $7,124 related
    Filer's total
    not reported + $351,791 related

  • MARK HUDSON

    BOARD MEMBER

    Total calculated
    $215,852
    From this org
    $0
    From related orgs
    $194,617
    Other
    $21,235
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $193,868 related
    Bonus
    not reported
    Other
    not reported + $749 related
    Deferred
    not reported + $10,321 related
    Nontaxable benefits
    not reported + $10,914 related
    Filer's total
    not reported + $215,852 related

  • MARK PEDERSON

    VP OPERATIONS

    Total calculated
    $212,529
    From this org
    $0
    From related orgs
    $189,597
    Other
    $22,932
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $188,833 related
    Bonus
    not reported
    Other
    not reported + $764 related
    Deferred
    not reported + $8,019 related
    Nontaxable benefits
    not reported + $14,913 related
    Filer's total
    not reported + $212,529 related

  • TERESA LARSON

    SVP EMPLOYEE EXPERIENCE

    Total calculated
    $163,557
    From this org
    $0
    From related orgs
    $153,546
    Other
    $10,011
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $145,510 related
    Bonus
    not reported
    Other
    not reported + $8,036 related
    Deferred
    not reported + $7,695 related
    Nontaxable benefits
    not reported + $2,316 related
    Filer's total
    not reported + $163,557 related

  • BRIAN PHILLIPS

    CAMPUS ADMIN

    Total calculated
    $145,118
    From this org
    $122,413
    From related orgs
    $0
    Other
    $22,705
    Hours/week
    40

  • TERESA DONALDSON

    TMA

    Total calculated
    $125,584
    From this org
    $125,584
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • CHUCK ORR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CURT BLYTHE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MIKE MOORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARCIA KINZENBAW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RON HOLDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ARLENE HOLDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY BLYTHE

    BOARD VICECHAIR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN MCCURRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KAROL HOLDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

None.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SEE ATTACHMENT FOR SCH R

    MN

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202432269349301398

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