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Nonprofiteer
← WELL-SPRING SERVICES INC

Form 990 for tax year 2023

Filed by WELL-SPRING SERVICES INC.

Totals

Total revenue
$5,048,007
Total expenses
$2,667,563
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$2,665,639
Management and general expenses
$1,924
Fundraising expenses
$0
Program service expenses (Part III)
$2,665,639

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KENNETH BOGGS

    VICE-CHAIR, IMM. PAST CHAI

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • KATHRYN COOKIE BILLINGS

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JERRY BAILEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JEFF BLASER

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • ANTHONY BOYD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CHRIS BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DAN CAMIA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BARRY CANNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BOB CHANDLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • TIM CLONTZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SALLY CONE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SUSAN COX

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • WENDY GATLIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • RUSTY HOLT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DARYL INGOLD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JENNIFER KOENIG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BONNIE MCALISTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SUSAN MCDONALD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BOB POWELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SUSAN SHUMAKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CAROLE SIMMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • MARTY STADLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • TOM STEELE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JENNIFER YOUNG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BEN ZURAW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • STEPHEN P FLEMING

    PRESIDENT/CEO

    Total calculated
    $482,677
    From this org
    $447,834
    From related orgs
    $0
    Other
    $34,843
    Hours/week
    31 + 14 related

    Schedule J breakdown matched by us

    Base
    $358,593
    Bonus
    $63,883
    Other
    $25,358
    Deferred
    $13,200
    Nontaxable benefits
    $21,643
    Filer's total
    $482,677

  • K ALAN TUTTEROW

    SECRETARY/CFO

    Total calculated
    $458,435
    From this org
    $434,923
    From related orgs
    $0
    Other
    $23,512
    Hours/week
    31 + 14 related

    Schedule J breakdown matched by us

    Base
    $389,856
    Bonus
    $35,949
    Other
    $9,118
    Deferred
    $13,200
    Nontaxable benefits
    $10,312
    Filer's total
    $458,435

  • RICHARD WILLIAMS

    VP OF HUMAN RESOURCES

    Total calculated
    $155,713
    From this org
    $145,799
    From related orgs
    $0
    Other
    $9,914
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,799
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,914
    Filer's total
    $155,713

  • LYNN WOOTEN

    VP OF MARKETING

    Total calculated
    $142,989
    From this org
    $133,331
    From related orgs
    $0
    Other
    $9,658
    Hours/week
    40

  • SCOTT HINSHAW

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $145,589
    From this org
    $123,081
    From related orgs
    $0
    Other
    $22,508
    Hours/week
    40

  • JERRY HAYES

    VP OF CONSTRUCTION SVCS

    Total calculated
    $133,302
    From this org
    $112,073
    From related orgs
    $0
    Other
    $21,229
    Hours/week
    40

  • JANET HOLBROOK

    CONTROLLER

    Total calculated
    $122,982
    From this org
    $111,078
    From related orgs
    $0
    Other
    $11,904
    Hours/week
    40

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 — 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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

The filer's explanations (Part III)

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 AAHSA SALARY AND BENEFIT REPORT, NCANPHA 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 COMMITTEE'S 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/CEO'S 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 COMMITTEE'S ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT/CEO'S 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 COMMITTEE'S MEETING, THE BOARD OF TRUSTEES' CHAIR SHALL REPORT THE COMMITTEE'S FINDINGS AND THE COMMITTEE'S 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-SPRING'S 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-SPRING'S 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-SPRING'S ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON WELL-SPRING'S ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION WELL-SPRING'S FINANCIAL PERFORMANCE, ITS ANNUAL BUDGET, ITS POSITION IN THE INDUSTRY AND WELL-SPRING'S 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 2023.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
25 September 2024
IRS schema version
2023v5.1
Source object
202422699349301342

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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