Form 990 for tax year 2024
Filed by WESTMINSTER-CANTERBURY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $3,484,694
- Total expenses
- $216,842
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3,484,694
- Other revenue
- $0
- Total assets, end of year
- $14,732,890
- Total liabilities, end of year
- $9,064,136
- Net assets or fund balances, end of year
- $5,668,754
- Program services expenses (Part IX)
- $216,842
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $216,842
Program services were 100.0% 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.
-
3 · Investment income
total $164,192 · excluded $164,192
-
7a · Gross sales of assets other than inventory
securities $13,151,053
-
7b · Less cost or other basis and sales expenses
securities $9,830,551
-
7c · Gain or loss
securities $3,320,502
-
7d · Net gain or loss
total $3,320,502 · excluded $3,320,502
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $130,149 · program services $130,149
-
9 · Other employee benefits
total $32,613 · program services $32,613
-
10 · Payroll taxes
total $9,636 · program services $9,636
-
11f · Fees: investment management
total $7,426 · program services $7,426
-
11g · Fees: other
total $19,251 · program services $19,251
-
13 · Office expenses
total $9 · program services $9
-
17 · Travel
total $11,146 · program services $11,146
-
24a · Other expenses: SUBSCRIPTIONS
total $6,420 · program services $6,420
-
24b · Other expenses: CATERING
total $175 · program services $175
-
24c · Other expenses: SALES TAX
total $17 · program services $17
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $20,000 · end of year $20,000
-
11 · Investments: publicly traded securities
beginning of year $13,268,763 · end of year $14,712,890
-
25 · Other liabilities
beginning of year $8,852,913 · end of year $9,064,136
-
27 · Net assets without donor restrictions
beginning of year $4,435,850 · end of year $5,668,754
Mission and programs · 2024
Mission
TO SUPPORT THE MISSION AND PURPOSE OF WESTMINSTER CANTERBURY CORPORATION AND RELATED ENTITIES.
-
ALL ACTIVITIES OF THE ORGANIZATION ARE IN SUPPORT OF THE CHARITABLE ACTIVITIES OF WESTMINSTER CANTERBURY CORPORATION, A PUBLIC CHARITY.
Expenses $216,842
As filed on the 2024 return.
Listed in Part VII
-
Angela P PhelonANGELA P PHELON
CHAIR (THRU 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
James M KresgeJAMES M KRESGE
VICE CHAIR (THRU 01/25) CHAIR (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Mary D EllisonMARY D ELLISON
VICE CHAIR (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Peter S AlcornPETER S ALCORN
TRUSTEE (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Peter H BowlesPETER H BOWLES
TRUSTEE (AS OF 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Jennifer D BrittonJENNIFER D BRITTON
TRUSTEE (THRU 01/25)
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
John BurnsJOHN BURNS
PRESIDENT & CEO
- Total calculated
- $702,489
- From this org
- $0
- From related orgs
- $642,199
- Other
- $60,290
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $415,476 related
- Bonus
- $0 + $187,059 related
- Other
- $0 + $39,664 related
- Deferred
- $0 + $44,038 related
- Nontaxable benefits
- $0 + $16,252 related
- Filer's total
- $0 + $702,489 related
-
Jason CollinsJASON COLLINS
VICE PRESIDENT FACILITIES MANAGEMENT
- Total calculated
- $209,191
- From this org
- $0
- From related orgs
- $188,955
- Other
- $20,236
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $151,937 related
- Bonus
- $0 + $37,018 related
- Other
- $0
- Deferred
- $0 + $9,640 related
- Nontaxable benefits
- $0 + $10,596 related
- Filer's total
- $0 + $209,191 related
-
John LoopJOHN LOOP
VICE PRESIDENT HEALTH AND WELLNESS
- Total calculated
- $245,337
- From this org
- $0
- From related orgs
- $231,804
- Other
- $13,533
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $231,804 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $4,072 related
- Nontaxable benefits
- $0 + $9,461 related
- Filer's total
- $0 + $245,337 related
-
Robert MannROBERT MANN
VICE PRESIDENT INFORMATION TECHNOLOGY
- Total calculated
- $218,330
- From this org
- $0
- From related orgs
- $200,511
- Other
- $17,819
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $156,825 related
- Bonus
- $0 + $36,084 related
- Other
- $0 + $7,602 related
- Deferred
- $0 + $15,187 related
- Nontaxable benefits
- $0 + $2,632 related
- Filer's total
- $0 + $218,330 related
-
Stacey NannerySTACEY NANNERY
VICE PRESIDENT SALES AND MARKETING
- Total calculated
- $207,687
- From this org
- $0
- From related orgs
- $181,293
- Other
- $26,394
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $148,771 related
- Bonus
- $0 + $32,522 related
- Other
- $0
- Deferred
- $0 + $15,859 related
- Nontaxable benefits
- $0 + $10,535 related
- Filer's total
- $0 + $207,687 related
-
Chelsea NaylorCHELSEA NAYLOR
VICE PRESIDENT WORKFORCE SERVICES
- Total calculated
- $231,464
- From this org
- $0
- From related orgs
- $200,555
- Other
- $30,909
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $164,778 related
- Bonus
- $0 + $35,777 related
- Other
- $0
- Deferred
- $0 + $17,964 related
- Nontaxable benefits
- $0 + $12,945 related
- Filer's total
- $0 + $231,464 related
-
Daniel StackhouseDANIEL STACKHOUSE
VICE PRESIDENT RESOURCE DEVELOPMENT (AS OF 1/25)
- Total calculated
- $178,674
- From this org
- $0
- From related orgs
- $162,037
- Other
- $16,637
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $162,037 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,530 related
- Nontaxable benefits
- $0 + $10,107 related
- Filer's total
- $0 + $178,674 related
-
Russell GardnerRUSSELL GARDNER
TREASURER, VICE PRESIDENT & CFO
- Total calculated
- $523,930
- From this org
- $0
- From related orgs
- $475,169
- Other
- $48,761
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $330,829 related
- Bonus
- $0 + $126,738 related
- Other
- $0 + $17,602 related
- Deferred
- $0 + $35,592 related
- Nontaxable benefits
- $0 + $13,169 related
- Filer's total
- $0 + $523,930 related
-
Kevin DaignaultKEVIN DAIGNAULT
ADMINISTRATOR HOME HEALTH
- Total calculated
- $202,844
- From this org
- $0
- From related orgs
- $188,117
- Other
- $14,727
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $166,264 related
- Bonus
- $0 + $11,331 related
- Other
- $0 + $10,522 related
- Deferred
- $0 + $5,226 related
- Nontaxable benefits
- $0 + $9,501 related
- Filer's total
- $0 + $202,844 related
-
Debra JacobsenDEBRA JACOBSEN
ADMINISTRATOR RESIDENTIAL LIVING (THRU 01/25)
- Total calculated
- $189,678
- From this org
- $0
- From related orgs
- $164,832
- Other
- $24,846
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $140,325 related
- Bonus
- $0 + $24,507 related
- Other
- $0
- Deferred
- $0 + $14,473 related
- Nontaxable benefits
- $0 + $10,373 related
- Filer's total
- $0 + $189,678 related
-
Sloan VerlanderSLOAN VERLANDER
ADMINISTRATOR RESIDENTIAL LIVING (AS OF 01/25)
- Total calculated
- $175,264
- From this org
- $0
- From related orgs
- $153,634
- Other
- $21,630
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $126,642 related
- Bonus
- $0 + $18,777 related
- Other
- $0 + $8,215 related
- Deferred
- $0 + $11,928 related
- Nontaxable benefits
- $0 + $9,702 related
- Filer's total
- $0 + $175,264 related
-
Sharon PoznanczykSHARON POZNANCZYK
DIRECTOR OF NURSING
- Total calculated
- $234,037
- From this org
- $0
- From related orgs
- $205,758
- Other
- $28,279
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $181,584 related
- Bonus
- $0 + $24,174 related
- Other
- $0
- Deferred
- $0 + $18,381 related
- Nontaxable benefits
- $0 + $9,898 related
- Filer's total
- $0 + $234,037 related
-
Martin KaneMARTIN KANE
DIRECTOR OF FINANCE
- Total calculated
- $167,920
- From this org
- $0
- From related orgs
- $150,438
- Other
- $17,482
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $120,120 related
- Bonus
- $0 + $19,814 related
- Other
- $0 + $10,504 related
- Deferred
- $0 + $9,741 related
- Nontaxable benefits
- $0 + $7,741 related
- Filer's total
- $0 + $167,920 related
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
The filer's explanations (Part III)
- PART I, LINE 3
- AN OUTSIDE COMPANY IS ENGAGED BY A RELATED ORGANIZATION EACH YEAR TO ADVISE ON ALL EMPLOYEES' COMPENSATION PACKAGES, INCLUDING THE CEO'S. THE ORGANIZATION AND COMPENSATION COMMITTEE OF A RELATED ORGANIZATION'S BOARD REVIEWS THE RECOMMENDATIONS OF THE OUTSIDE COMPANY. THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD INDEPENDENTLY OF THE CEO, AND IT'S DECISION IS DOCUMENTED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025.
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.
-
WESTMINSTER CANTERBURY FOUNDATION
501(C)(3) · PROVIDE FUNDRAISING FOR THE BENEFIT OF WESTMINSTER-CANTERBURY RICHMOND · VA
Directly controlled by WESTMINSTER CANTERBURY MANAGEMENT CORPORATION
-
501(C)(3) · OPERATE AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY · VA
Directly controlled by WESTMINSTER CANTERBURY MANAGEMENT CORPORATION
-
WESTMINSTER CANTERBURY MANAGEMENT CORPORATION
501(C)(3) · PROVIDE MANAGEMENT SERVICES TO WC CORPORATION AND RELATED ENTITIES · VA
-
WESTMINSTER CANTERBURY CHILD CARE
501(C)(3) · PROVIDE CHILD CARE SERVICES TO RELATED ENTITIES AND THE COMMUNITY · VA
Directly controlled by WESTMINSTER CANTERBURY MANAGEMENT CORPORATION
-
WESTMINSTER CANTERBURY CORPORATION
501(C)(3) · OPERATE AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY · VA
Directly controlled by WESTMINSTER CANTERBURY MANAGEMENT CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202612129349300411
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