Overview
What is Westminster Services Inc?
Westminster Services Inc is a nonprofit organization headquartered at 80 West Lucerne Circle, Orlando, Florida, with a workforce of 174 employees. The primary mission of this organization is to offer management services to Westminster Retirement Communities, Inc. and Presbyterian Retirement Communities, Inc. They oversee the operations of over two dozen communities, accommodating over 5,000 residents on behalf of both organizations. Westminster Services Inc operates under exempt charitable, educational, and scientific purposes, providing essential financial and operational management services to Westminster Retirement Communities, Inc. and Presbyterian Retirement Communities, Inc., which are all tax-exempt under IRC Section 501(C)(3).
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Westminster Services Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall score of 79%. This rating is primarily based on the organization's performance in Accountability & Finance, indicating that it maintains a strong commitment to transparency and prudent financial management. The organization boasts a majority of independent board members and has received full marks in several key areas, such as financial oversight and conflict of interest policies.
The strengths of Westminster Services Inc include its high program expense ratio, which suggests that a significant portion of its funds is directed toward its core mission rather than administrative costs. Additionally, the presence of a robust audit and oversight committee enhances confidence in the organization's financial practices. The inclusion of comprehensive policies, such as those for whistleblowing and document retention, further underscores its commitment to accountability.
While the overall score is positive, the rating highlights that the evaluation is based solely on the Accountability & Finance beacon. This singular focus may indicate that other aspects of the organization’s impact and effectiveness were not assessed in this rating, suggesting a potential area for further evaluation or improvement in showcasing programmatic outcomes. Overall, Westminster Services Inc is positioned as a financially responsible organization with a strong governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is Westminster Services Inc legitimate?
Westminster Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westminster Services Inc 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: $1,920,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,285,190
For more financial information, click here
What is the mission statement of Westminster Services Inc?
Westminster Services Inc is a charitable organization with exempt educational and scientific purposes. It offers operational and financial management services to the entities of Westminster Retirement Communities Inc and Presbyterian Retirement Communities Inc, both of which are exempt under IRC Section 501(C)(3). The organization's role is to support these entities by providing essential services that ensure their smooth functioning. Through its dedicated efforts, Westminster Services Inc contributes significantly to the achievement of the charitable goals pursued by both Westminster Retirement Communities Inc and Presbyterian Retirement Communities Inc.
Who is the CEO of Westminster Services Inc?
Henry T Keith is the Exec Vp/Assi of Westminster Services Inc.
What is the revenue of Westminster Services Inc?
Westminster Services Inc's revenue in 2022 was $16,166,513.
Who are the executives of Westminster Services Inc and what are their salaries?
The average compensation at Westminster Services Inc during 2022 was $64,399. There are 174 employees at Westminster Services Inc.
Here are 21 key members and their salaries:
- Compensation: $627,004
- Related: $0
- Other: $12,206
- Compensation: $531,910
- Related: $0
- Other: $14,869
- Compensation: $513,456
- Related: $0
- Other: $14,696
- Compensation: $410,818
- Related: $0
- Other: $13,656
- Compensation: $393,602
- Related: $0
- Other: $13,505
- Compensation: $342,895
- Related: $0
- Other: $13,018
- Compensation: $320,274
- Related: $0
- Other: $11,864
- Compensation: $286,391
- Related: $0
- Other: $12,430
- Compensation: $195,090
- Related: $0
- Other: $11,055
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Westminster Services Inc?
Westminster Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westminster Services Inc
Westminster Services Inc, a charitable organization, is dedicated to exempt purposes, specifically providing operational and financial management services to the entities of Westminster Retirement Communities, Inc. (WRC) and Presbyterian Retirement Communities, Inc. (PRC). All of these entities fall under IRC Section 501(C)(3), making them exempt charities. The organization's primary role is to support WRC and PRC in their missions by offering essential management and financial services.
In essence, Westminster Services Inc acts as a backbone organization, ensuring the smooth running of WRC and PRC. By providing these services, Westminster Services Inc enables these charities to focus on their individual missions without being distracted by operational and financial matters. This collaboration fosters efficiency and effectiveness in the delivery of charitable services by both organizations.
Westminster Services Inc's commitment to the entities of WRC and PRC is critical in allowing them to continue their exempt charitable, educational, and scientific work. The organization's role is pivotal in maintaining their financial health and overall operational success. In doing so, Westminster Services Inc contributes significantly to the broader charitable sector by facilitating the delivery of essential services through its partnership with WRC and PRC.
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Impact
October, 2024
Westminster Services Inc significantly impacts the lives of over 5,000 residents across more than two dozen communities. By providing essential operational and financial management services, the organization enhances the quality of care and living for seniors within Westminster Retirement Communities and Presbyterian Retirement Communities. Its focus on charitable, educational, and scientific purposes fosters an environment that supports the well-being of seniors, ensuring that they receive the services they need to thrive in a community setting. This operational backbone allows various retirement communities to function efficiently, facilitating enriched lifestyles for their residents through comprehensive support and management.
This information is meant to be a general summary of Westminster Services Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,460,433
- Gross Receipts: $16,166,513
Assets and Liabilities:
- Total Assets: $10,527,032
- Total Liabilities: $9,839,378
- Net Assets: $687,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$15,445,366
OTHER INCOME
Revenue
$15,067
Organization Details
Founding Year
1999
Phone
(407) 839-5050Principal Officer
Henry T Keith
Main Address
80 WEST LUCERNE CIRCLE, ORLANDO, FL, 32801
NTEE Category
Code: L02 - Housing
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