Westminster Manor FY2023 filing

Tax-deductible

Austin, TX501(c)(3)Since 1967Health CareEIN 74-1501375Revenue $41.3M in FY2023

On file with the IRSwestminstermanor.org4100 Jackson Ave, 78731-6056 · Austin, TXTax-exempt since Aug 1981Publicly supported — 509(a)(2)

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The goal of Westminster Manor is to relieve the retired person of the responsibility of home management and to provide economical support and nursing care in the company's health facility for the residents.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.1M a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$307.5M
99% of total assets
Concern: liabilities are 99% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$41.3M
+14% vs prior year
Spent
$49.9M
To programs
92%
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$41.3M
FY2023▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$32.0M
FY2021$35.4M
FY2022$36.2M
FY2023$41.3M
FY2024$61.5M
Expenses
$49.9M
FY2023▲ +41%
Tap a bar for its year
Expenses by fiscal year
FY2020$31.0M
FY2021$31.1M
FY2022$35.3M
FY2023$49.9M
FY2024$53.8M
Net assets
$2.7M
FY2023▲ ×64
Tap a bar for its year
Net assets by fiscal year
FY2020$3.7M
FY2021$15.6M
FY2022−$43K
FY2023$2.7M
FY2024$13.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $45.9M Management & general 8% · $4.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
Associate Executive Director
$286,408Pt VII · Sec A
Director of Marketing and Sales
$247,486Pt VII · Sec A
Director of Human Resources
$166,110Pt VII · Sec A
Director of Nursing
$135,676Pt VII · Sec A
Food & Beverage Director
$133,388Pt VII · Sec A
Nurse Practioner
$122,419Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kimberly Ogden’s $155K as Director of Human Resources is at the 9th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sarah Lloyd—$286,408$184,842——
Charles Borst————$255,229
Jordan Bleecker$134,996$247,486$178,007$151,159—
Kimberly Ogden$154,744$166,110$144,687——
Sarah Loyd———$165,197$144,305
Timothy Bilbo—$135,676———
Kim Ogden———$134,888$119,234
Brian Grossman$127,752$133,388$119,893——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides retired individuals with home management relief, economical support, and nursing care.

Questions for Westminster Manor

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Provided by the organization

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3 programs · $45.9M · in their own filed words · FY2023
01

Manor Apartments

The organization provides apartments and assisted living services to its residents.

$22.8Mprogram expense
02

Medical Center

The organization maintains a skilled nursing care facility to meet the health needs of its residents.

$12.4Mprogram expense
03

Food Service

The organization provides food services to maintain the health and well being of its residents.

$10.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2019
Total grants receivedfrom 1 funder$10K
Grants paid · 10 grants · $645K · 2023–2024
Halcyon HouseDC · FY2024$256,115
Marketplace Ministries INCTX · FY2024$32,557
Unitemized GrantFY2024$10,197
Carrying HopeTX · FY2024$7,000
Amplify Austin FundraisingTX · FY2024$5,461
Texas Culture Change CoalitionFY2024$5,000
Halcyon HouseDC · FY2023$281,891
Marketplace Ministries INCTX · FY2023$30,053
Unitemized GrantFY2023$10,351

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$41.3M
Ln 12
Fees for servicesLn 2g$37.9M
Investment incomeLn 3$2.7M
Other incomeLn 4–11$676K
Money outPt IX
$49.9M
Ln 25
Programscol B$45.9M
Managementcol C$4.0M
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$31.0M
Total assetsLn 16$310.2M
LiabilitiesLn 26$307.5M
PeoplePt VI, VII
21
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$28K
Fees for servicesLn 2g$37.9M
Investment incomeLn 3$2.7M
Other incomeLn 4–11$676K
Gains on assetsLn 7−$153K
Total revenueLn 12$41.3M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$28.4M
Cash and savings togetherLn 1–2$31.0M
InvestmentsLn 11–13$87.5M
Land, buildings, equipmentLn 10c$178.5M
Other assetsLn 15$8.3M
Total assetsLn 16$310.2M
LiabilitiesLn 26$307.5M
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 5396
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$37.0M$31.0M
InvestmentsLn 11–13$81.2M$87.5M
Land, buildings, equipmentLn 10c$94.3M$178.5M
Total assetsLn 16$297.9M$310.2M
LiabilitiesLn 26$297.9M$307.5M
Net assetsLn 32−$43K$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$334K$334K
Grants to domestic individualsLn 2$10K$10K
Pay of current officers, directors and key staffLn 5$297K$254K$43K
Other salaries and wagesLn 7$18.0M$15.4M$2.6M
Other employee benefitsLn 9$3.2M$2.6M$593K
Payroll taxesLn 10$1.3M$1.2M$141K
Management feesLn 11a$896K$876K$21K
Legal feesLn 11b$45K$44K$1K
Accounting feesLn 11c$63K$61K$1K
Investment management feesLn 11f$315K$315K
Other fees for servicesLn 11g$1.1M$1.1M$3K
Advertising and promotionLn 12$669K$653K$16K
Office expensesLn 13$119K$116K$3K
Information technologyLn 14$462K$451K$11K
OccupancyLn 16$1.9M$1.8M$48K
TravelLn 17$42K$41K$976
Conferences, conventions and meetingsLn 19$9K$9K$204
InterestLn 20$5.3M$5.3M$31K
Depreciation, depletion and amortizationLn 22$9.1M$9.1M$54K
InsuranceLn 23$583K$570K$14K
Other expenses (24a–d)Ln 24$5.6M$5.5M$131K
All other expensesLn 24e$580K$568K$12K
Total functional expensesLn 25$49.9M$45.9M$4.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $61.5M$53.8M$7.7M$13.7M 990 PDF
FY2023 Viewing $41.3M$49.9M−$8.6M$2.7M 990 PDF
FY2022 $36.2M$35.3M$910K−$43K 990 PDF
FY2021 $35.4M$31.1M$4.3M$15.6M 990 PDF
FY2020 $32.0M$31.0M$985K$3.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $41,307,221 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $84,426$27,629
I-9 Program service revenuePrior year $33,822,304$37,902,470
I-10 Investment incomePrior year $1,771,386$2,700,899
I-11 Other revenuePrior year $544,595$676,223
I-12 Total revenuePrior year $36,222,711$41,307,221
I-13 Grants and similar amounts paidPrior year $0$343,962
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $17,123,387$22,825,864
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $18,189,001$26,766,505
I-18 Total expensesPrior year $35,312,388$49,936,331
I-19 Revenue less expensesPrior year $910,323−$8,629,110
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $41,307,221 across 7 lines filed
Lines not itemized here account for $31,990 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$27,629
VIII-1h Total contributions, gifts and grants$27,629
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $37,902,470$37,902,470
VIII-3 Investment incomeExcluded from tax $2,853,728$2,853,728
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$152,829−$152,829
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $644,233$644,233
VIII-12 Total revenueRelated to mission $37,902,470 · Unrelated business $0 · Excluded from tax $3,377,122$41,307,221
Part IX · Statement of functional expenses $49,936,331 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $333,611$333,611
IX-2 Grants to domestic individualsPrograms $10,351$10,351
IX-5 Pay of current officers, directors and key staffPrograms $254,193 · Management $42,635$296,828
IX-7 Other salaries and wagesPrograms $15,397,584 · Management $2,570,835$17,968,419
IX-9 Other employee benefitsPrograms $2,648,406 · Management $593,039$3,241,445
IX-10 Payroll taxesPrograms $1,178,237 · Management $140,935$1,319,172
IX-11a Management feesPrograms $875,575 · Management $20,924$896,499
IX-11b Legal feesPrograms $43,953 · Management $1,050$45,003
IX-11c Accounting feesPrograms $61,054 · Management $1,459$62,513
IX-11f Investment management feesManagement $314,908$314,908
IX-11g Other fees for servicesPrograms $1,060,345 · Management $2,737$1,063,082
IX-12 Advertising and promotionPrograms $653,131 · Management $15,608$668,739
IX-13 Office expensesPrograms $116,069 · Management $2,774$118,843
IX-14 Information technologyPrograms $451,009 · Management $10,778$461,787
IX-16 OccupancyPrograms $1,845,584 · Management $47,908$1,893,492
IX-17 TravelPrograms $40,862 · Management $976$41,838
IX-19 Conferences, conventions and meetingsPrograms $8,529 · Management $204$8,733
IX-20 InterestPrograms $5,275,318 · Management $31,462$5,306,780
IX-22 Depreciation, depletion and amortizationPrograms $9,067,133 · Management $54,076$9,121,209
IX-23 InsurancePrograms $569,525 · Management $13,610$583,135
IX-24 Other expenses (24a–d)Programs $5,468,805 · Management $130,691$5,599,496
IX-24e All other expensesPrograms $568,353 · Management $12,095$580,448
IX-25 Total functional expensesPrograms $45,927,627 · Management $4,008,704 · Fundraising $0$49,936,331
Part X · Balance sheet $310,226,426 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $1,150,972$2,617,860
X-2 Savings and temporary cash investmentsStart of year $35,897,464$28,391,024
X-4 Accounts receivableStart of year $1,827,804$4,014,419
X-8 Inventories for sale or useStart of year $106,420$312,683
X-9 Prepaid expenses and deferred chargesStart of year $527,966$588,394
X-10c Land, buildings and equipment, netStart of year $94,254,495$178,510,001
X-11 Publicly traded securitiesStart of year $81,197,686$87,470,724
X-15 Other assetsStart of year $82,928,485$8,321,321
X-16 Total assetsStart of year $297,891,292$310,226,426
X-17 Accounts payable and accrued expensesStart of year $8,558,202$4,258,727
X-19 Deferred revenueStart of year $37,315,491$46,635,955
X-20 Tax-exempt bond liabilitiesStart of year $123,942,956$121,862,663
X-24 Unsecured notes and loans payableStart of year $31,695,430$0
X-25 Other liabilitiesStart of year $96,422,652$134,769,891
X-26 Total liabilitiesStart of year $297,934,731$307,527,236
X-27 Net assets without donor restrictionsStart of year −$43,439$2,699,190
X-32 Total net assets or fund balancesStart of year −$43,439$2,699,190
X-33 Total liabilities and net assetsStart of year $297,891,292$310,226,426
Part XI · Reconciliation of net assets $2,699,190 net assets at year end
XI-1 Total revenue$41,307,221
XI-2 Total expenses$49,936,331
XI-3 Revenue less expenses−$8,629,110
XI-4 Net assets at start of year−$43,439
XI-5 Net unrealized gains (losses) on investments$11,371,739
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,699,190

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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