2024-09-17T17:51:08-05:00 2023-12-31 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2023-01-01 860424020 WESTMINSTER VILLAGE INC WEST 4804512000 12000 N 90TH STREET SCOTTSDALE AZ 85260 GARTH BEGUIN CFO 4804512000 2024-09-17 1 1 KRISTEN M BASS P01247587 6022646835 2024-09-17 2023 2024-08-08 14:25:15Z TOM WINKELMAN 12000 N 90TH STREET SCOTTSDALE AZ 85260 31545068 0 X WWW.WVRESORTLIVING.ORG X 1982 AZ WESTMINSTER VILLAGE, INC. IS A NOT-FOR-PROFIT, 501(C)(3), LIFE CARE RETIREMENT COMMUNITY 7 7 211 62 0 0 403709 636355 19987813 22829309 53470 264546 22173 139514 20467165 23869724 21124 10095 0 0 10567819 11702397 0 0 184280 9743628 11368742 20332571 23081234 134594 788490 41246627 45653717 54587209 57743273 -13340582 -12089556 X WESTMINSTER VILLAGE, INC. IS A NOT-FOR-PROFIT, 501(C)(3), LIFE CARE RETIREMENT COMMUNITY IN SCOTTSDALE, ARIZONA. THE VILLAGE IS DEDICATED TO ENHANCE THE DIGNITY, INDEPENDENCE, WELL BEING, AND SECURITY OF OUR RESIDENTS THROUGH A BALANCED SPECTRUM OF RESIDENTIAL (CONT. ON SCH. O) WESTMINSTER VILLAGE, INC. IS A NOT-FOR-PROFIT, 501(C)(3), LIFE CARE RETIREMENT COMMUNITY IN SCOTTSDALE, ARIZONA. THE VILLAGE IS DEDICATED TO ENHANCE THE DIGNITY, INDEPENDENCE, WELL BEING, AND SECURITY OF OUR RESIDENTS THROUGH A BALANCED SPECTRUM OF RESIDENTIAL AND HEALTH CARE PROGRAMS AND SERVICES. RESOURCES ARE DIRECTED TO PROVIDE A CARING AND INNOVATIVE ENVIRONMENT TO EFFECTIVELY BENEFIT THE RESIDENTS SOCIALLY, EMOTIONALLY, PHYSICALLY AND SPIRITUALLY. THE VILLAGE IS EQUALLY COMMITTED TO PROVIDING A WELCOMING, OPEN AND COOPERATIVE WORKPLACE FOR OUR STAFF. THE BOARD OF DIRECTORS AND MANAGEMENT ARE COMMITTED TO SOUND FISCAL MANAGEMENT. 0 0 18978026 10095 22829309 WESTMINSTER VILLAGE, INC. IS A LIFECARE RETIREMENT FACILITY CONSISTING OF 250 APARTMENTS FOR INDEPENDENT LIVING AS WELL AS ASSISTANCE WITH ACTIVITIES IN DAILY LIVING FOR SENIOR CITIZENS. 23-ASSISTED LIVING UNITS AND A 60-BED SKILLED NURSING CENTER IS INCLUDED IN THE FACILITY. 18978026 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 172 0 1 211 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X TOM WINKELMAN 4804512000 12000 NORTH 90TH STREET SCOTTSDALE AZ 85260 DON KREDEL PRESIDENT 4.00 X X 0 0 0 PATRICK MURPHY VICE PRESIDENT 1.00 X X 0 0 0 JIM MAILLIARD TREASURER 1.00 X X 0 0 0 MARILYN WURZBURGER SECRETARY 1.00 X X 0 0 0 ELEANOR FREDERIKSEN DIRECTOR 1.00 X 0 0 0 RON MCELHANEY DIRECTOR 1.00 X 0 0 0 BRUCE JOHNSON DIRECTOR 1.00 X 0 0 0 THOMAS D WINKELMAN CHIEF EXECUTIVE OFFICER 40.00 X 537352 0 74067 GARTH P BEGUIN CHIEF FINANCIAL OFFICER 40.00 X 243887 0 40913 BRAD EDMUNDS HEALTH CENTER ADMINISTRATOR 40.00 X 135119 0 17550 PHILIPPE MICHELIN CHIEF OPERATING OFFICER 40.00 X 271647 0 45975 DANIEL LEE POTEET CHIEF INFORMATION OFFICER 40.00 X 210033 0 33548 CATHY MCCULLOUGH CHIEF MARKETING OFFICER 40.00 X 218587 0 27667 MAEGHAN JINAE BORREGO VP OF HUMAN RESOURCES 40.00 X 148959 0 20097 1765584 0 259817 7 0 1 0 SYSCO ARIZONA INC 611 S 80TH AVENUE TOLLESON AZ 85353 FOOD SERVICE 500073 PERKINS EASTMAN ARCHITECTS PC 115 FIFTH AVENUE NEW YORK NY 10003 CONSULTING 363599 MORRISON MANAGEMENT SPECIALISTS 400 NORTHRIDGE ROAD SUITE 600 SANDY SPRINGS GA 30350 FOOD SERVICE 327050 NURSEIO LLC PO BOX 440242 NASHVILLE TN 37244 CONTRACT SERVICES 185144 ICORECONNECT INC 7039 NORTHWINDS DR NW STE A CONCORD NC 28027 TECHNOLOGY SERVICE 156947 7 636355 11845 636355 RESIDENT SERVICE FEES 623000 16018644 16018644 ENTRANCE FEES 623000 5682298 5682298 HEALTH CARE CENTER 623000 1128367 1128367 22829309 314754 314754 7625136 7675344 -50208 -50208 -50208 OTHER REVENUES 900099 139514 139514 139514 23869724 22829309 0 404060 10095 10095 814797 680246 130746 3805 9418124 7889549 1487337 41238 55744 42863 12243 638 719449 551705 157583 10161 694283 533851 152484 7948 78061 78061 1390665 1045588 345077 123505 123505 222303 222303 1121420 1111289 10131 32744 30106 2638 823732 823732 3085596 3056007 29589 936828 903924 32723 181 SUPPLIES 2209803 1858564 309176 42063 REPAIRS & MAINTENANCE 923788 923788 RECRUITING & TRAINING 159967 159967 LICENSES & FEES 82097 82097 178233 56979 43008 78246 23081234 18978026 3918928 184280 4725716 3234773 8513270 11232511 2169935 1160790 149024 149024 172768 171651 290123 171698 41060878 17985799 19912508 23075079 4837656 5760414 475627 697777 41246627 45653717 902809 1503337 30985362 34267043 20746829 20113996 1952209 1858897 54587209 57743273 X -14496043 -13500017 1155461 1410461 -13340582 -12089556 41246627 45653717 X 788490 506020 -43484 X 0 1 X 1 0 X 108754 2756247 1238594 403709 636355 5143659 18277582 18879370 18513553 19987813 22829309 98487627 18386336 21635617 19752147 20391522 23465664 103631286 209220 193440 181195 136140 135540 855535 1165965 421084 1229541 3059852 3933034 9809476 1375185 614524 1410736 3195992 4068574 10665011 92966275 68126 149728 73952 164260 314754 770820 68126 149728 73952 164260 314754 770820 219361 60954 139514 419829 18454462 21785345 20045460 20616736 23919932 104821935 0.88690 0.91220 0.00740 0.00600 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: DEPRECIATION RECOVERIES - 2021 AMOUNT: $ 219,361. OTHER REVENUES - 2022 AMOUNT: $ 60,954. 2023 AMOUNT: $ 139,514. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1138929 323183 188198 10945 1639365 1231590 36604 -110220 6728 12317 1138929 1250000 18410 1231590 1.00000 0 0 3545785 3545785 18717451 9896393 8821058 15355240 8089406 7265834 3442402 3442402 23075079 PUBLICLY TRADED INVESTMENTS 5760414 F 5760414 ANNUITIES PAYABLE 263939 REFUNDABLE ENTRANCE FEES 403424 ACCRUED LOSS ON CONTRACTS 695508 APPLICATION FEE DEPOSITS 192090 OPERATING LEASE LIABILITY 303936 1858897 X 23571240 -43484 -43484 23614724 255000 255000 23869724 23081234 0 23081234 0 23081234 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE LONG-TERM FUNDING TO SUPPORT THE MISSION OF WESTMINSTER VILLAGE, INC. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME WOULD BE TAXABLE. THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT DECEMBER 31, 2023 AND 2022, THE ORGANIZATION DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"), GENERALLY FOR THE THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENT -43,484. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS NOT INCLUDED IN OPERATING REVENUE 255,000. 1 EMPLOYEE GRANTS TO IMPROVE WORK SKILLS 19 10095 PART I, LINE 2: THE EMPLOYEE SCHOLARSHIP PROGRAM IS MADE AVAILABLE TO ALL EMPLOYEES OF WESTMINSTER VILLAGE, INC. WHO MEET THE FOLLOWING CRITERIA: 1) ARE 15 1/2 YEARS OLD OR OLDER. 2) WORK A MINIMUM OF 12 HOURS PER WEEK. 3) HAVE A GOOD WORK AND ATTENDANCE RECORD. 4) HAVE COMPLETED AN INITIAL 90 DAY INTRODUCTORY PERIOD. THE CLASS/COURSE MUST BE OFFERED THROUGH AN ACCREDITED INSTITUTION AND/OR APPROVED FOR CONTINUING EDUCATION CREDITS. MONIES ARE USED FOR FURTHER EDUCATION PURPOSES ONLY, I.E. BOOKS, TUITION, LAB FEES, ETC. CHECKS WILL BE SENT DIRECTLY TO THE FINANCIAL AID OFFICES BY THE HUMAN RESOURCE DEPARTMENT PRIOR TO ENROLLMENT. THE EXECUTIVE DIRECTOR MUST APPROVE ALL REQUESTS FOR EDUCATIONAL ASSISTANCE. X X X 0 1 0 0 0 0 0 0 0 THOMAS D WINKELMAN CHIEF EXECUTIVE OFFICER 537352 0 0 0 0 0 64500 0 9567 0 611419 0 0 0 PHILIPPE MICHELIN CHIEF OPERATING OFFICER 271647 0 0 0 0 0 30288 0 15687 0 317622 0 0 0 GARTH P BEGUIN CHIEF FINANCIAL OFFICER 243887 0 0 0 0 0 25183 0 15730 0 284800 0 0 0 CATHY MCCULLOUGH CHIEF MARKETING OFFICER 218587 0 0 0 0 0 20552 0 7115 0 246254 0 0 0 DANIEL LEE POTEET CHIEF INFORMATION OFFICER 210033 0 0 0 0 0 18264 0 15284 0 243581 0 0 0 MAEGHAN JINAE BORREGO VP OF HUMAN RESOURCES 148959 0 0 0 0 0 12812 0 7285 0 169056 0 0 0 BRAD EDMUNDS HEALTH CENTER ADMINISTRATOR 135119 0 0 0 0 0 2593 0 14957 0 152669 0 0 0 PART I, LINE 4B THE ORGANIZATION ESTABLISHED A 457(F) DEFERRED COMPENSATION PLAN FOR THE ORGANIZATION'S OFFICERS, WHICH WAS BASED ON YEARS OF SERVICE AND A PROJECTED RETIREMENT DATE. BENEFITS ARE PAYABLE BASED ON THE TERMS OF THE UNDERLYING CONTRACT. FOR THE YEAR ENDED DECEMBER 31, 2023, EMPLOYER DEFERRALS TO THE 457(F) PLANS WERE AS FOLLOWS: TOM WINKELMAN, CEO: $60,000.00 PHILIPPE MICHELIN, COO: $24,287.89 GARTH BEGUIN, CFO: $21,422.26 CATHY MCCULLOUGH, CMO: $18,422.42 DANIEL POTEET, CIO: $18,263.51 MAEGHAN BORREGO, VP OF HR: $12,291.94 A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA 860445263 NONEAVAIL 2017-12-15 24000000 REMODELING, RENOVATION & IMPROVEMENT OF FACILITY 0 0 0 A 24000000 459089 23540911 2019 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, REVIEWED BY MANAGEMENT, AND IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH EMPLOYEE REPORTING REQUIREMENTS. ALL EMPLOYEES AND BOARD MEMBERS ARE TRAINED AND REMINDED TO REPORT ANY VIOLATION OF COMPANY POLICY AND ALL OTHER INAPPROPRIATE BEHAVIOR IN THE WORKPLACE. WESTMINSTER VILLAGE HAS A SPECIFIC SECTION IN NEW EMPLOYEE ORIENTATION THAT ADDRESSES THE REPORTING POLICY AND PROCEDURE TO INCLUDE WHAT SHOULD BE REPORTED, THE MANY CHANNELS THAT EXIST TO REPORT (EVEN ANONYMOUSLY), CONFIDENTIALITY OF REPORT, WESTMINSTER VILLAGE'S ZERO TOLERANCE POLICY ON RETALIATION. REPORTS RECEIVED ARE HANDLED CONFIDENTIALLY, BY HUMAN RESOURCES AND RESOLVED EXPEDITIOUSLY BY APPLYING COMPANY POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CEO IS REVIEWED BY EXECUTIVE COMPENSATION TASK FORCE, WHICH REPORTS TO THE GOVERNANCE COMMITTEE FOR REVIEW AND APPROVAL AND THEN ON TO THE BOARD FOR ULTIMATE APPROVAL. THE EXECUTIVE COMPENSATION TASK FORCE ASKS THE HUMAN RESOURCES DEPARTMENT TO COMPILE A LIST OF COMPARATIVE FACILITIES INCLUDING THE SALARIES OF THE TOP OFFICIALS. WESTMINSTER VILLAGE IS INCLUDED IN THIS REPORT GIVEN TO THE BOARD FOR THEIR ANALYSIS. THEY ENSURE THAT THE CEO SALARY IS WITHIN THE RANGE OF SALARIES FOR OTHER LIKE-FACILITIES IN THE VALLEY. IN ADDITION TO THIS, AN INTERNAL ANNUAL STUDY IS COMPILED USING VARIOUS LOCAL RESOURCES TO PROVIDE BENEFIT AND COMPENSATION INFORMATION FOR ALL POSITIONS WITHIN THE LIFE CARE AND HOSPITAL INDUSTRY FOR THE STATE OF ARIZONA. ANNUALLY, WAGES ARE REVIEWED TO ENSURE THAT THE ORGANIZATION AS A WHOLE IS WITHIN THE SALARY RANGES FOR OUR INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST -43,484.