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Nonprofit · EIN 54-6433122

WILLIAMSBURG LANDING CONTINUING CARE TR

Also known as BEDELL LEE CRESTAR BANK TTEE

Tax-exempt · WILLIAMSBURG, VA 23185

Financials

$494K$1.5M2023$1.2M$712K2024
Revenue Expenses · by fiscal year end
Financials of WILLIAMSBURG LANDING CONTINUING CARE TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,166,734$712,156$454,578$8,506,606$0$8,506,606
December 31, 2023990$493,542$1,458,761-$965,219$8,262,434$0$8,262,434
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,166,734
Net gain from sales of assets
$982,645
Other revenue
$0

Expenses

Grants and similar amounts paid
$680,206
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$680,206
Management and general (functional)
$31,950

Balance sheet and other

Total assets, start of year
$8,262,434
Total assets, end of year
$8,506,606
Total liabilities, end of year
$0
Net assets, end of year
$8,506,606
Publicly traded securities
$6,078,560
Net assets without donor restrictions
$8,506,606
Gross receipts
$1,534,122
Employees
0
Volunteers
21
Year formed
1997
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GREGORY STORERPRESIDENT & CEO
Officer
55$377,942$38,485
JUANITA PARKSCFO (THRU 08/24)
Officer
60$207,799$10,316
JAMES MICHAEL WILLIAMSCOO (THRU 06/24)
Officer
60$186,873$16,438
MARTIN KANECFO (AS OF 10/24)
Officer
60$36,174$1,504
JEANNE ZEIDLERCHAIR
Trustee or director, Officer
4$0$0
ALEXANDER POWELL JRSECRETARY
Trustee or director, Officer
4$0$0
DR MATTHEW T LAMBERTTREASURER
Trustee or director, Officer
3$0$0
TERRY BANEZDIRECTOR
Trustee or director
3$0$0
ALLISON J BRODYDIRECTOR
Trustee or director
4$0$0
DONALD BUCKLESSDIRECTOR
Trustee or director
3$0$0
LOUISE CANFIELDDIRECTOR
Trustee or director
3$0$0
ELIZABETH DAVISDIRECTOR
Trustee or director
3$0$0
TERRY DRISCOLLDIRECTOR
Trustee or director
3$0$0
MICHAEL FOXDIRECTOR
Trustee or director
3$0$0
VERNON GEDDY IIIDIRECTOR
Trustee or director
3$0$0
10 more people on this return
NameTitleHours / weekCompensation
PAUL GERHARDTDIRECTOR
Trustee or director
3$0
CONNIE MATTHEWS HARSHAWDIRECTOR
Trustee or director
3$0
JUDY KNUDSONDIRECTOR
Trustee or director
3$0
TIMOTHY MILLSDIRECTOR
Trustee or director
3$0
DR CARLENE PITTMANDIRECTOR
Trustee or director
3$0
BRANDON RANDALLDIRECTOR
Trustee or director
3$0
CHRIS SMITHDIRECTOR
Trustee or director
3$0
SCOTT STABLERDIRECTOR
Trustee or director
3$0
ROBERT UNDERWOODDIRECTOR
Trustee or director
3$0
JOHN VANAKENDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GREGORY STORERPRESIDENT & CEO
Officer
1$0$348,910$68,768
JAMES MICHAEL WILLIAMSCOO
Officer
1$0$202,408$48,518
JUANITA PARKSCFO
Officer
1$0$211,123$24,209
ALLISON J BRODYDIRECTOR
Trustee or director
0.1$0$0$0
JEANNE ZEIDLERCHAIR
Trustee or director, Officer
0.1$0$0$0
DR CARLENE PITTMANDIRECTOR
Trustee or director
0.1$0$0$0
LOUISE CRANFIELDDIRECTOR
Trustee or director
0.1$0$0$0
JOHN SADLER ESQDIRECTOR
Trustee or director
0.1$0$0$0
MICHAEL FOXDIRECTOR
Trustee or director
0.1$0$0$0
ELIZABETH DAVISDIRECTOR
Trustee or director
0.1$0$0$0
VERNON GEDDY III ESQVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
TIMOTHY MILLSDIRECTOR
Trustee or director
0.1$0$0$0
DR MATTHEW T LAMBERTTREASURER
Trustee or director, Officer
0.1$0$0$0
VADM TIMOTHY WRIGHTDIRECTOR (TERM ENDED 6/30/23)
Trustee or director
0.1$0$0$0
PAUL GERHARDTSECRETARY
Trustee or director, Officer
0.1$0$0$0
TERRY DRISCOLLDIRECTOR
Trustee or director
0.1$0$0$0
DONALD BUCKLESSDIRECTOR
Trustee or director
0.1$0$0$0
CONNIE MATTHEWS HARSHAWDIRECTOR
Trustee or director
0.1$0$0$0
JOHN VANAKEN PRESIDENT RESIDENTS' CDIRECTOR
Trustee or director
0.1$0$0$0
TERRY BANEZDIRECTOR
Trustee or director
0.1$0$0$0
BRANDON RANDALLDIRECTOR
Trustee or director
0.1$0$0$0
SCOTT STABLERDIRECTOR
Trustee or director
0.1$0$0$0
ROBERT UNDERWOODDIRECTOR
Trustee or director
0.1$0$0$0
JUDY KNUDSONDIRECTOR (TERM EFFECTIVE 7/1/23)
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
5700 WILLIAMSBURG LANDING DR, WILLIAMSBURG, VA 23185-3779
Principal officer (990 for 2024)
GREGORY T STORER, 5700 WILLIAMSBURG LANDING DR, WILLIAMSBURG, VA 23185
Signed the 990
MARTIN KANE, CHIEF FINANCIAL OFFICER
Phone
(757) 565-6511
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $680,206 · grants $680,206

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6433122
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P11)
Assets (IRS master file)
$8,506,606
Income (IRS master file)
$1,534,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,166,734$712,156$8,506,606XML
990December 2023$493,542$1,458,761$8,262,434XML
990December 2022$821,234$1,403,126$8,291,103IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6433122).

Questions about WILLIAMSBURG LANDING CONTINUING CARE TR

What is the EIN of WILLIAMSBURG LANDING CONTINUING CARE TR?
The employer identification number (EIN) of WILLIAMSBURG LANDING CONTINUING CARE TR is 54-6433122.
Is WILLIAMSBURG LANDING CONTINUING CARE TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to WILLIAMSBURG LANDING CONTINUING CARE TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does WILLIAMSBURG LANDING CONTINUING CARE TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WILLIAMSBURG LANDING CONTINUING CARE TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILLIAMSBURG LANDING CONTINUING CARE TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WILLIAMSBURG LANDING CONTINUING CARE TR?
The 990 for the year ended December 31, 2024 names GREGORY T STORER.
Who are the officers and directors of WILLIAMSBURG LANDING CONTINUING CARE TR?
The 990 for the year ended December 31, 2024 lists 25 people; 4 received compensation from the organization, the highest $377,942 (GREGORY STORER, PRESIDENT & CEO).
How much revenue does WILLIAMSBURG LANDING CONTINUING CARE TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,166,734, expenses of $712,156 and total assets of $8,506,606 at year end.

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