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Williamsburg Landing Continuing Care Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 546433122 ✦ Williamsburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Williamsburg Landing Continuing Care Trust?

Williamsburg Landing Continuing Care Trust is a financial security program established in 1997, primarily aimed at benefitting residents of Williamsburg Landing, Inc. The trust is funded through resident fees, with benefits payable upon request. The trust is managed by a third-party trustee, overseen by the Williamsburg Landing Board of Directors. The primary purpose of this trust is to ensure a financially secure future for the residents, providing benefits for various levels of care, including health and rehabilitation, assisted living, and memory support. The monthly fees paid by the residents cover related costs and contribute to maintaining the trust's resources.


Official website here: www.williamsburglanding.org

Is Williamsburg Landing Continuing Care Trust legitimate?

Williamsburg Landing Continuing Care Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williamsburg Landing Continuing Care Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.williamsburglanding.org

What is the mission statement of Williamsburg Landing Continuing Care Trust?

The mission of Williamsburg Landing Continuing Care Trust is centered around ensuring the financial security of its associated residents. This is achieved through a continuing care program, funded by a trust. The primary aim of this program is to provide a financially stable and predictable future for its residents, regardless of any potential future financial needs. In exchange for a monthly fee, the program offers benefits that supplement the costs associated with various levels of care, including health and rehabilitation, assisted living, and memory support. The benefits provided cater to different levels of care, thereby helping to offset the expenses associated with higher levels of care.


Official website here: www.williamsburglanding.org

Who is the CEO of Williamsburg Landing Continuing Care Trust?

Gregory S Storer is the Chair of Williamsburg Landing Continuing Care Trust. The CEO's salary of Williamsburg Landing Continuing Care Trust is $0 and their total compensation is $383,919.


Official website here: www.williamsburglanding.org

What is the revenue of Williamsburg Landing Continuing Care Trust?

Williamsburg Landing Continuing Care Trust's revenue in 2022 was $821,234.


Official website here: www.williamsburglanding.org

Who are the executives of Williamsburg Landing Continuing Care Trust and what are their salaries?

There 21 volunteers at Williamsburg Landing Continuing Care Trust.


Here are 22 key members and their salaries (Williamsburg Landing Continuing Care Trust's CEO's salary is $0 and their total compensation is $383,919):


Allison J Brody (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Woods (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Zeidler (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Juraschek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Carlene Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Cranfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sadler Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernon Geddy Iii Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Matthew T Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Singley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vadm Timothy Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gerhardt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Driscoll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Buckless (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Matthews Harshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vanaken President Residents' C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Storer (President & Ceo)
  • Compensation: $0
  • Related: $346,686
  • Other: $37,233
James Michael Williams (Coo)
  • Compensation: $0
  • Related: $189,576
  • Other: $32,862
Juanita Parks (Cfo)
  • Compensation: $0
  • Related: $203,429
  • Other: $12,659


Official website here: www.williamsburglanding.org

Where can I find the form 990 for Williamsburg Landing Continuing Care Trust?

Williamsburg Landing Continuing Care Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.williamsburglanding.org

Learn more at the official website: www.williamsburglanding.org

Mission Statement of Williamsburg Landing Continuing Care Trust

The Williamsburg Landing Continuing Care Trust is dedicated to ensuring the financial security of its associated organization, Williamsburg Landing, Inc., and its residents. The trust operates under the principle of a continuing care program, which is funded by a trust designed to provide a stable, predictable financial future for its residents, regardless of any future financial needs. In exchange for a monthly fee, this program offers a range of benefits tailored to each level of care, including health and rehabilitation, assisted living, and memory support. These benefits are intended to supplement the costs associated with higher levels of care. The goal of the Williamsburg Landing Continuing Care Trust is to provide its residents with financial security, thus enabling them to focus on their well-being and care, without the added stress of financial uncertainty.

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Impact




October, 2024

Williamsburg Landing Continuing Care Trust plays a vital role in ensuring the financial security and well-being of its residents. Established in May 1997, it was designed to provide predictable financial support for individuals living in the Williamsburg Landing community, safeguarding them against future financial uncertainties.

Residents contribute to the trust through monthly fees, which directly support a comprehensive continuum of care, encompassing health and rehabilitation, assisted living, and memory support. This model empowers residents to access necessary services without the stress of potential financial burdens, allowing them to focus on their health and quality of life.

The trust and its funds are carefully managed by a third-party trustee, with the oversight of the Williamsburg Landing Board of Directors, ensuring transparency and accountability. Importantly, the funds are designated solely for resident benefits and related costs, reinforcing the commitment to prioritize the needs and welfare of those living in the community.

By fostering a secure and supportive environment, Williamsburg Landing Continuing Care Trust enhances the overall quality of life for its residents, allowing them to thrive even as their care needs evolve.




This information is meant to be a general summary of Williamsburg Landing Continuing Care Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$821,234 (2022)
Expenses
$1,403,126 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $821,234
  • Gross Receipts: $1,572,960

Assets and Liabilities:

  • Total Assets: $8,291,103
  • Total Liabilities: $0
  • Net Assets: $8,291,103

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Organization Details

Founding Year

1997

Principal Officer

Gregory S Storer

Main Address

5700 WILLIAMSBURG LANDING DR, WILLIAMSBURG, VA, 23185

NTEE Category

Code: P11 - Human services

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