2024-11-14T08:30:16-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-01-01 546433122 WILLIAMSBURG LANDING CONTINUING CARE TRUST WILL 7575656511 5700 WILLIAMSBURG LANDING DR WILLIAMSBURG VA 23185 MARTIN B KANE CHIEF FINANCIAL OFFICER 7575656511 2024-11-13 1 1 KATHERINE A WARLICK P02065266 7049985200 2024-11-13 2023 2024-10-15 13:58:12Z GREGORY T STORER 5700 WILLIAMSBURG LANDING DR WILLIAMSBURG VA 23185 796697 0 X WWW.WILLIAMSBURGLANDING.ORG X 1997 VA TO PROVIDE FOR THE FINANCIAL SECURITY OF WILLIAMSBURG LANDING, INC. RESIDENTS. 20 20 0 20 0 0 0 0 0 0 821234 493542 0 0 821234 493542 1357169 1427079 0 0 0 0 0 0 0 45957 31682 1403126 1458761 -581892 -965219 8291103 8262434 0 0 8291103 8262434 X WILLIAMSBURG LANDING'S CONTINUING CARE PROGRAM IS FUNDED BY A CONTINUING CARE TRUST INTENDED TO PROVIDE A SECURE PREDICTABLE FINANCIAL FUTURE FOR RESIDENTS, REGARDLESS OF FUTURE FINANCIAL NEEDS. IN EXCHANGE FOR A MONTHLY FEE, THE PROGRAM PROVIDES BENEFITS FOR EACH LEVEL OF CARE IN HEALTH & REHABILITATION, ASSISTED LIVING, AND MEMORY SUPPORT TO SUPPLEMENT THE COST OF HIGHER LEVELS OF CARE. 0 0 1427079 1427079 THE TRUST WAS ESTABLISHED IN MAY OF 1997 FROM AN EARLIER PROGRAM DEVELOPED BY AN INSURANCE COMPANY. RESIDENT FEES ARE DEPOSITED INTO THE FUND AND BENEFITS PAID OUT ARE REQUESTED FROM THE TRUST. THE PROGRAM WAS CLOSED TO NEW PARTICIPANTS AT THE END OF 2007. FUNDS IN TRUST MAY ONLY BE USED TO PAY BENEFITS AND RELATED COSTS TO MAINTAIN THE TRUST AND ARE NOT AVAILABLE FOR CORPORATE PURPOSES. THE CONTINUING CARE TRUST IS HELD BY A THIRD PARTY TRUSTEE WITH OVERSIGHT BY THE WILLIAMSBURG LANDING BOARD OF DIRECTORS. 1427079 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARTIN KANE 7575656511 5700 WILLIAMSBURG LANDING DRIVE WILLIAMSBURG VA 23185 ALLISON J BRODY DIRECTOR 0.10 3.00 X 0 0 0 JEANNE ZEIDLER CHAIR 0.10 4.00 X X 0 0 0 DR CARLENE PITTMAN DIRECTOR 0.10 3.00 X 0 0 0 LOUISE CRANFIELD DIRECTOR 0.10 3.00 X 0 0 0 JOHN SADLER ESQ DIRECTOR 0.10 3.00 X 0 0 0 MICHAEL FOX DIRECTOR 0.10 3.00 X 0 0 0 ELIZABETH DAVIS DIRECTOR 0.10 3.00 X 0 0 0 VERNON GEDDY III ESQ VICE CHAIR 0.10 4.00 X X 0 0 0 TIMOTHY MILLS DIRECTOR 0.10 3.00 X 0 0 0 DR MATTHEW T LAMBERT TREASURER 0.10 4.00 X X 0 0 0 VADM TIMOTHY WRIGHT DIRECTOR (TERM ENDED 6/30/23) 0.10 3.00 X 0 0 0 PAUL GERHARDT SECRETARY 0.10 4.00 X X 0 0 0 TERRY DRISCOLL DIRECTOR 0.10 3.00 X 0 0 0 DONALD BUCKLESS DIRECTOR 0.10 3.00 X 0 0 0 CONNIE MATTHEWS HARSHAW DIRECTOR 0.10 3.00 X 0 0 0 JOHN VANAKEN PRESIDENT RESIDENTS' C DIRECTOR 0.10 3.00 X 0 0 0 TERRY BANEZ DIRECTOR 0.10 3.00 X 0 0 0 BRANDON RANDALL DIRECTOR 0.10 3.00 X 0 0 0 SCOTT STABLER DIRECTOR 0.10 3.00 X 0 0 0 ROBERT UNDERWOOD DIRECTOR 0.10 3.00 X 0 0 0 JUDY KNUDSON DIRECTOR (TERM EFFECTIVE 7/1/23) 0.10 3.00 X 0 0 0 GREGORY STORER PRESIDENT & CEO 1.00 50.00 X 0 348910 68768 JAMES MICHAEL WILLIAMS COO 1.00 60.00 X 0 202408 48518 JUANITA PARKS CFO 1.00 60.00 X 0 211123 24209 0 762441 141495 13 0 1 0 0 196697 196697 600000 303155 296845 296845 296845 493542 0 0 493542 1427079 1427079 10382 10382 21300 21300 1458761 1427079 31682 0 8291103 8262434 8291103 8262434 0 0 X 8291103 8262434 8291103 8262434 8291103 8262434 -965219 936550 0 X 0 1 X 1 0 X X 1 WILLIAMSBURG LANDING INC 521305909 10 1 1427079 0 1 1427079 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 BENEFIT PAYMENTS FOR RESIDENTS 22 1427079 BOOK PART I, LINE 2: GRANTS ARE PROVIDED TO THE RELATED TAX-EXEMPT ENTITY, WILLIAMSBURG LANDING, INC. MONITORING OF GRANTS IS DONE INTERNALLY. 0 1 0 0 0 0 1 0 0 GREGORY STORER PRESIDENT & CEO 0 270624 0 78286 0 0 0 17066 0 51702 0 417678 0 0 JAMES MICHAEL WILLIAMS COO 0 171805 0 30603 0 0 0 11077 0 37441 0 250926 0 0 JUANITA PARKS CFO 0 181245 0 29878 0 0 0 11162 0 13047 0 235332 0 0 PART I, LINE 3 COMPENSATION IS PAID AND REVIEWED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, FORM 990 COMPARISONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457 PLAN: GREGORY STORER $9,512 JAMES MICHAEL WILLIAMS $5,539 JUANITA PARKS $5,580 PART I, LINE 6 INCENTIVES ARE PAID TO KEY EMPLOYEES FOR RELATED ORGANIZATION'S PERFORMANCE AGAINST BUDGET FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT, RISK, AND COMPLIANCE COMMITTEE COMPOSED OF BOARD MEMBERS WILL REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. THE COMMITTEE WILL REPORT THE RESULTS OF THE REVIEW TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS OF THE CORPORATION, SENIOR LEADERS AND DEPARTMENT LEADERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. THE OFFICE OF THE CEO IS RESPONSIBLE FOR SENDING OUT THE FORM AND ENSURING THAT A SIGNED FORM IS RECEIVED EACH YEAR. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS ONCE PERSONALLY IDENTIFIED. DURING EACH COMMITTEE MEETING, BOARD MEMBERS ARE DIRECTLY ASKED ABOUT ANY POTENTIAL CONFLICTS OF INTERESTS. IF CONFLICT OCCURS, IT MUST BE DISCLOSED AND THE INDIVIDUAL IS EXCUSED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PAID AND REVIEWED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISTRIBUTED QUARTERLY TO THE BOARD OF DIRECTORS, THE RESIDENTS' FINANCE COMMITTEE, AND THE ENTIRE RESIDENT BODY AT RESIDENTS' ASSOCIATIONS MEETINGS. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. WILLIAMSBURG LANDING INC 5700 WILLIAMSBURG LANDING DRIVE WILLIAMSBURG VA 23185 521305909 CONTINUING CARE RETIREMENT COMMUNITY VA 501(C)(3) LINE 10 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0