Westminster-canterbury Corporation
94% goes to programs $0 to raise $100 Strong reserves
Westminster-canterbury Corporation is a 501(c)(3) organization based in Richmond, Virginia, registered in 1972, with $92,389,185 in FY2023 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
1600 Westbrook Ave, Richmond, VA, 23227 EIN 23-7162493 Since 1972
Revenue (FY2023)
$92.4M
▲ 11.9% vs prior year
Human Services median: $293K
Expenses (FY2023)
$73.3M
Net assets
$171.7M
Employees
766
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Westminster-canterbury Corporation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating28 mo reserves · +21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Westminster-canterbury Corporation: 28 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Westminster-canterbury Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Westminster-canterbury Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
As a ministry of the episcopal and presbyterian churches, westminster canterbury provides an insurance product offering independent living; memory support; home health and hospice; assisted living; and intermediate and skilled nursing beds, all for persons ages 62 and older. financial aid is available to those whose financial resources are not sufficient to cover entrance fee, monthly fee or both.
Contact & location
- Address
- 1600 Westbrook Ave, Richmond, VA, 23227
- City
- Richmond
- State
- Virginia
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.6M (FY2013) to $92.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $420.6MNet assets $171.7M
Operating margin
20.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$592.3M
Total liabilities
$420.6M
Net assets
$171.7M
Salaries & benefits
$26.2M
36% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $92,389,185▲11.9% | $73,315,132▲5.5% | $171,726,174▲33.2% | $592,336,277▲18.8% | 990 |
| 2022 | $82,583,765▲4.3% | $69,501,095▲5.9% | $128,893,070▲21.6% | $498,596,055▲11.2% | 990 |
| 2021 | $79,143,221▼2.1% | $65,639,083▲0.7% | $106,040,015▼24.3% | $448,300,698▲14.1% | 990 |
| 2020 | $80,860,029▲4.0% | $65,190,096▼4.9% | $139,989,787▲41.2% | $392,842,295▲20.4% | 990 |
| 2019 | $77,739,552▲2.6% | $68,570,211▲4.2% | $99,160,781▲13.5% | $326,286,753▲2.8% | 990 |
| 2018 | $75,738,304▼0.5% | $65,835,003▲5.8% | $87,393,932▲9.1% | $317,540,772▲3.7% | 990 |
| 2017 | $76,098,648▼3.8% | $62,234,721▲4.0% | $80,080,838▲20.2% | $306,079,411▲6.3% | 990 |
| 2016 | $79,068,973▲28.1% | $59,835,993▼0.3% | $66,596,517▲48.4% | $287,996,863▲4.2% | 990 |
| 2015 | $61,716,079▲1.8% | $59,988,356▼0.5% | $44,883,810▲32.0% | $276,494,731▲2.7% | 990 |
| 2014 | $60,642,598▼7.6% | $60,303,602▼0.1% | $33,997,473▼23.8% | $269,131,509▼3.7% | 990 |
| 2013 | $65,624,530 | $60,383,055▲3.3% | $44,614,623▲16.7% | $279,596,710▼0.4% | 990 |
| 2012 | — | $58,441,349▲2.6% | $38,233,761▲49.1% | $280,704,982▲2.6% | 990 |
| 2011 | — | $56,963,905▼3.9% | $25,635,274▲81.8% | $273,484,885▲3.7% | 990 |
| 2010 | — | $59,252,375▲7.3% | $14,103,709▼29.6% | $263,712,125▼1.9% | 990 |
| 2009 | — | $55,236,585 | $20,044,673 | $268,938,043 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: William H Blackwell — $288,383 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William H Blackwell | Vice President Health Services | 40 | $288,383 |
| Sharon M Poznanczyk | Director of Nursing | 40 | $200,847 |
| Kevin Daignault | Administrator Home Health | 40 | $181,548 |
| Debra Jacobsen | Administrator Residential Living | 40 | $158,079 |
| Derek Oliver | Director Facilities Engineering | 35 | $144,902 |
| John Loop | Vp Health & Wellness (as of 11/2023) | 40 | $18,847 |
| Angela P Phelon | Chair | 1 | — |
| Anne H Mcdonnell | Trustee | 1 | — |
| Chelsea O Naylor | Vice President Workforce Services | 0 | — |
| Christopher M Michalik | Trustee | 1 | — |
| Dr Brian K Blount | Trustee | 1 | — |
| Gayle Haglund | Vice President Resource Development | 0 | — |
| George C Howell III | Trustee | 1 | — |
| Greta B Peters | Trustee | 1 | — |
| Hb Thomson | Trustee | 1 | — |
| James M Kresge | Vice Chair | 1 | — |
| Jason T Collins | Vice President Facilities Management | 35 | — |
| Jennifer D Britton | Trustee | 1 | — |
| Jennifer M Ferguson Md | Trustee | 1 | — |
| John D Burns | Ceo | 20 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Gilbane-henderson A Joint Venture | Contractor | $74,355,774 |
| Powerback Rehabilitation | Healthcare | $1,299,492 |
| Prime Time Healthcare LLC | Healthcare | $990,073 |
| Ironhorse Builders | Contractor | $695,117 |
| Emerald Construction Company | Contractor | $475,243 |
Grants received · $101K total
4 grants to Westminster-canterbury Corporation totaling $101K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Human services | 2023 | $25,000 |
| National Philanthropic Tr | Human services | 2022 | $25,000 |
| National Philanthropic Tr | Human services | 2021 | $25,000 |
| National Philanthropic Tr | Human services | 2019 | $25,940 |
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Frequently asked questions
- Is Westminster-canterbury Corporation a legitimate nonprofit?
- Yes. Westminster-canterbury Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7162493, based in Richmond, Virginia. Donations are tax-deductible.
- What is Westminster-canterbury Corporation's EIN?
- Westminster-canterbury Corporation's Employer Identification Number (EIN) is 23-7162493.
- How much revenue does Westminster-canterbury Corporation report?
- Westminster-canterbury Corporation reported $92,389,185 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Westminster-canterbury Corporation's spending goes to programs?
- Westminster-canterbury Corporation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Westminster-canterbury Corporation have?
- CharityIndex grades Westminster-canterbury Corporation A+, based on program efficiency and fundraising cost.
- How much does Westminster-canterbury Corporation's highest-paid employee make?
- The highest reported compensation on Westminster-canterbury Corporation's latest Form 990 is $288,383, paid to William H Blackwell (Vice President Health Services).
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Data for Westminster-canterbury Corporation (EIN 23-7162493) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.