Annual Report 2004 11050 Presbyterian Drive Indianapolis, IN 46236 Voice 317-823-6841 Facsimile 317-825-8590 Inside: Page 2 Village Board of Directors Foundation Board of Directors Village Council Management Team Page 3 Honoring Our Donors Page 4 Village Financials Foundation Financials Clockwise from top, left: Village residents and 50+ Club members celebrate the re-opening of the memorial garden. Executive Director Shelley Rauch performs in the Christmas play. Former Pacer Darnell Hillman visits resident Edward Sipole as part of the WVN/Never Too Late Foundation program granting wishes for resident veterans. The 2nd Annual Charity Golf Outing included this foursome: (from left) Admis- sions Director Tracy Pope, Jeff Lowe of Premium Sup- ply, Board member Reed Scism, and res- ident Philip Beck. Guards- men raise the flag during Veterans’ Day services in the Village.
Transcript
Annual Report 2004
Restricted Assets: $696,265
Money Market Funds — 1% Present Value, Life Income Charitable Interest — 12%
Corporate Obligations — 36% Common Stock at Market Value — 51%
11050 Presbyterian Drive Indianapolis, IN 46236
Voice 317-823-6841 Facsimile 317-825-8590
Inside: Page 2 Village Board of Directors
Foundation Board of Directors
Village Council
Management Team
Page 3 Honoring Our Donors
Page 4 Village Financials
Foundation Financials
Clockwise from top, left: Village residents and 50+ Club members celebrate the re-opening of the memorial garden. Executive Director Shelley Rauch performs in the Christmas play. Former Pacer Darnell Hillman visits resident Edward Sipole as part of the WVN/Never Too Late Foundation program granting wishes for resident veterans. The 2nd Annual Charity Golf Outing included this foursome: (from
left) Admis-sions Director Tracy Pope, Jeff Lowe of Premium Sup-ply, Board member Reed Scism, and res-ident Philip Beck. Guards-men raise the flag during Veterans’ Day services in the Village.
Annual Report 2004 — Page 4
Westminster Village North FY 2004 The Westminster Foundation FY 2004
Fund Balances: $1,465,708
Cash — 1% Temporary Restricted, Life Income Charitable Trust — 5%
Money Market Funds, Uninvested New Contribution — 61%
Total Income: $10,569,299
Dividends, Interest, Other: 2%
Dues & Assessments: 4%
Program Services Revenue: 94%
Total Expense: $10,276,918
Management, General: 8% Reserve for Operations: 3%
Program Services: 89%
Total Liabilities & Net Assets: $39,175,245
Net Assets: 20% Deferred Life Occupancy Fee Revenue: 14%
Long Term Liabilities: Derivative Liabilities: 1%
Total Assets: $39,175,245
Deferred Finance Cost: 2%
Accumulated Depreciation: 14%
Current Assets: 2%
Investments Limited To Use: 32% Property & Equipment: 50%
$10,000 and above: Anonymous Helen Mollenkopf Clark $1,000-$9,999: AON Davis Homes Fifth Third Bank InterDesign KeyBank Frank D. Neese Professional Medical TX:Team Wurster Construction, Inc. $250-$999: Suzanne Aldridge Rose Bailey Beltway Surgery Centers Blue & Co. Citizen’s Gas Wilda Duncan Gallagher’s Place Gaylor Electric Harrison Moberlyh Constance Heady Home Free, Inc. Loretta Hupe Barbara Janeway Paul F. Kortepeter William T. Kortepeter Bill & Bonnie Lawrance Richard C. Lindstaedt Dorothea Lloysd Wallace B. Knapp Charles E. Madden & Co LLP McGovern Steel Mary B. Newill Pedigo Chevrolet Shelley Rauch Real Mechanical Merle & Marybelle Ritter Mr. & Mrs. Mark Sundstrom Tectonic Systems, Inc. Whitey’s Inc. Willow Marketing Worley’s Painting Fred Wurster Robert D. Young Construction $100-$249: Kevin Ahern Amco Elevators, Inc. Philip Beck
Below, children from the Loving Care Program at Sunnyside Elementary School worked side-by-side with Village residents to package gifts for troops deploying to the Middle East. The Veterans’ Day event kicked off a partner-ship between the Village, the Never Too Late Foundation, and radio station WIBC to honor Village veterans.
Annual Report 2004 — Page 3
Westminster Village North and The Westminster Foundation Honor Our Donors
Real Mechanical
Westminster Village North Board of Directors: Brian L. Madden, President Anthony Nicholas, Vice President Frank D. Neese, Treasurer Kay Sutherlin, Secretary Louis R. Baumgardt Elizabeth Coffey Bettye J. Parks D. Reed Scism Donna Meade, M.D. Virginia Maher Kevin Hampton P. Jon Miller Mary Newill, Emeritus Fred C. Wurster, Paul F. Kortepeter, Counsel Emeritus
Westminster Village North Mission: Westminster Village North, a nonprofit continuing care community, is committed to excellence in resi-dential and health care services for senior adults in a secure home environment that enhances their mental, physical and spiritual well-being. Vision: We shall endeavor to fulfill our mission by: - maintaining an attractive, comfortable, secure and
safe environment that fosters companionship and quality health care facilities;
- ensuring residents’ privacy, respect and dignity; - recruiting and retaining a qualified, principled and
caring staff devoted to our residents and mission; - advocating the rights of senior adults and encourag-
ing their participation in the political, social, and religious community; and
- providing effective fiscal management.
Left, former WVN Board President Elizabeth Coffey addressed residents and visitors as the Village celebrated groundbreaking for its new independent living apartment building.
Annual Report 2004 — Page 2
The Westminster Foundation Board of Directors: Frank D. Neese, President Louis R. Baumgardt, Vice President James Jordan, Secretary/Treasurer Elizabeth Coffey Ann Emhardt Dorothy Kandrac George McCord. MD Eugene Vigus Richard McDonald Nelson Grills, Paul F. Kortepeter, Emeritus Counsel
Village Council: Merle Ritter, President Bill Lawrance, Vice President Dorothea Lloyd, Treasurer James Boggs, Secretary Joyce Manning, Health Center Representative Annabelle Easton Suzanne Aldridge Nancy Dowden Barbara Wood Victor Behrmann Hilda Cullom Ann Lewis Anne Spradlin
Management Team: Shelley L. Rauch, Executive Director Stephanie James, Health Center Administrator Shannon Aldridge, Social Services Director Dan Armantrout, Food Services Director Dawn Ashcraft, Marketing Coordinator (New) Karen Black, Marketing Coordinator (Residential) Timothy Booth, Financial Director Monica Brunelle, MD, Medical Director Jackie Brewer, Administrative Assistant Sandra Cline, Director of Public Relations Wilda Duncan, New Construction Coordinator Marcia Hall, RN, Director of Nursing Colleen Martin, MDS Coordinator Alexis McLaughlin, In-service Coordinator Cyndy McClure, RN, Director of Health Services Sally Pea, Director of Human Resources Jamie Polston, Environmental Services Director Tracy Pope, Health Center Admissions Coordinator Cathy Rose, Health Center Food Services Director Rosemary Small, Accounting Director Ron Snyder, Director of Plant Operations Hope Waddy, RN, Assistant Director of Nursing
Special thanks to the major sponsors who made our 2004 Charity Golf Outing a wonderful success!
Tim Booth Carpet Services Unlimited Sarah L. Clark Sandra Cline Forrest Ellis F.A. Gallagher & Associates Hall & House Wilma Haymaker Mr. & Mrs. Richard Maultra B.T. & Evelyn Maxam Cyndy McClure Office Works Premium Supply Helen Rearick Resource Systems D. Reed Scism Betz Strickland Mr. & Mrs. Kent Thompson Vista Care Hospice
$1-$99: Rebecca Dessauer Mr. & Mrs. Bruce Flanagan Wm. Hill Hinckley Family Caroline Howenstine Mr. & Mrs. Ray Miller Mr. & Mrs. Jeffrey Pruner Mr. & Mrs. Bruce Reynolds Mr. & Mrs. Russell Schoelkopf Barbara Wood
In-Kind Contributions: Tex Black For State Rep Campaign Kay Broughton David Culp Dreyer & Reinbolt BMW Dreyer & Reinbolt Infiniti Eddie’s Neighborhood Grill Ernest Gulley Family Mr. & Mrs. Merrill Hershberger Joyce Ilseman Indiana Repertory Theatre Gwendolyn Jolly Lawrence Utilities Kline’s Quality Water Joe & Pauline Marquis Tim McGarvey C. Daniel Motsinger Marci A. Reddick Romancing the Seasons Dan Shepherd Sunnyside Golden K Kiwanis M.G. Tate’s Trader Joe’s WVN Employee Spirit Comm.
$10,000 and above: Anonymous Helen Mollenkopf Clark $1,000-$9,999: AON Davis Homes Fifth Third Bank InterDesign KeyBank Frank D. Neese Professional Medical TX:Team Wurster Construction, Inc. $250-$999: Suzanne Aldridge Rose Bailey Beltway Surgery Centers Blue & Co. Citizen’s Gas Wilda Duncan Gallagher’s Place Gaylor Electric Harrison Moberlyh Constance Heady Home Free, Inc. Loretta Hupe Barbara Janeway Paul F. Kortepeter William T. Kortepeter Bill & Bonnie Lawrance Richard C. Lindstaedt Dorothea Lloysd Wallace B. Knapp Charles E. Madden & Co LLP McGovern Steel Mary B. Newill Pedigo Chevrolet Shelley Rauch Real Mechanical Merle & Marybelle Ritter Mr. & Mrs. Mark Sundstrom Tectonic Systems, Inc. Whitey’s Inc. Willow Marketing Worley’s Painting Fred Wurster Robert D. Young Construction $100-$249: Kevin Ahern Amco Elevators, Inc. Philip Beck
Below, children from the Loving Care Program at Sunnyside Elementary School worked side-by-side with Village residents to package gifts for troops deploying to the Middle East. The Veterans’ Day event kicked off a partner-ship between the Village, the Never Too Late Foundation, and radio station WIBC to honor Village veterans.
Annual Report 2004 — Page 3
Westminster Village North and The Westminster Foundation Honor Our Donors
Real Mechanical
Westminster Village North Board of Directors: Brian L. Madden, President Anthony Nicholas, Vice President Frank D. Neese, Treasurer Kay Sutherlin, Secretary Louis R. Baumgardt Elizabeth Coffey Bettye J. Parks D. Reed Scism Donna Meade, M.D. Virginia Maher Kevin Hampton P. Jon Miller Mary Newill, Emeritus Fred C. Wurster, Paul F. Kortepeter, Counsel Emeritus
Westminster Village North Mission: Westminster Village North, a nonprofit continuing care community, is committed to excellence in resi-dential and health care services for senior adults in a secure home environment that enhances their mental, physical and spiritual well-being. Vision: We shall endeavor to fulfill our mission by: - maintaining an attractive, comfortable, secure and
safe environment that fosters companionship and quality health care facilities;
- ensuring residents’ privacy, respect and dignity; - recruiting and retaining a qualified, principled and
caring staff devoted to our residents and mission; - advocating the rights of senior adults and encourag-
ing their participation in the political, social, and religious community; and
- providing effective fiscal management.
Left, former WVN Board President Elizabeth Coffey addressed residents and visitors as the Village celebrated groundbreaking for its new independent living apartment building.
Annual Report 2004 — Page 2
The Westminster Foundation Board of Directors: Frank D. Neese, President Louis R. Baumgardt, Vice President James Jordan, Secretary/Treasurer Elizabeth Coffey Ann Emhardt Dorothy Kandrac George McCord. MD Eugene Vigus Richard McDonald Nelson Grills, Paul F. Kortepeter, Emeritus Counsel
Village Council: Merle Ritter, President Bill Lawrance, Vice President Dorothea Lloyd, Treasurer James Boggs, Secretary Joyce Manning, Health Center Representative Annabelle Easton Suzanne Aldridge Nancy Dowden Barbara Wood Victor Behrmann Hilda Cullom Ann Lewis Anne Spradlin
Management Team: Shelley L. Rauch, Executive Director Stephanie James, Health Center Administrator Shannon Aldridge, Social Services Director Dan Armantrout, Food Services Director Dawn Ashcraft, Marketing Coordinator (New) Karen Black, Marketing Coordinator (Residential) Timothy Booth, Financial Director Monica Brunelle, MD, Medical Director Jackie Brewer, Administrative Assistant Sandra Cline, Director of Public Relations Wilda Duncan, New Construction Coordinator Marcia Hall, RN, Director of Nursing Colleen Martin, MDS Coordinator Alexis McLaughlin, In-service Coordinator Cyndy McClure, RN, Director of Health Services Sally Pea, Director of Human Resources Jamie Polston, Environmental Services Director Tracy Pope, Health Center Admissions Coordinator Cathy Rose, Health Center Food Services Director Rosemary Small, Accounting Director Ron Snyder, Director of Plant Operations Hope Waddy, RN, Assistant Director of Nursing
Special thanks to the major sponsors who made our 2004 Charity Golf Outing a wonderful success!
Tim Booth Carpet Services Unlimited Sarah L. Clark Sandra Cline Forrest Ellis F.A. Gallagher & Associates Hall & House Wilma Haymaker Mr. & Mrs. Richard Maultra B.T. & Evelyn Maxam Cyndy McClure Office Works Premium Supply Helen Rearick Resource Systems D. Reed Scism Betz Strickland Mr. & Mrs. Kent Thompson Vista Care Hospice
$1-$99: Rebecca Dessauer Mr. & Mrs. Bruce Flanagan Wm. Hill Hinckley Family Caroline Howenstine Mr. & Mrs. Ray Miller Mr. & Mrs. Jeffrey Pruner Mr. & Mrs. Bruce Reynolds Mr. & Mrs. Russell Schoelkopf Barbara Wood
In-Kind Contributions: Tex Black For State Rep Campaign Kay Broughton David Culp Dreyer & Reinbolt BMW Dreyer & Reinbolt Infiniti Eddie’s Neighborhood Grill Ernest Gulley Family Mr. & Mrs. Merrill Hershberger Joyce Ilseman Indiana Repertory Theatre Gwendolyn Jolly Lawrence Utilities Kline’s Quality Water Joe & Pauline Marquis Tim McGarvey C. Daniel Motsinger Marci A. Reddick Romancing the Seasons Dan Shepherd Sunnyside Golden K Kiwanis M.G. Tate’s Trader Joe’s WVN Employee Spirit Comm.
Annual Report
2004
Restricted Assets: $696,265
Money Market Funds — 1% Present Value, Life Income Charitable Interest — 12%
Corporate Obligations — 36% Common Stock at Market Value — 51%
11050 Presbyterian Drive Indianapolis, IN 46236
Voice 317-823-6841 Facsimile 317-825-8590
Inside: Page 2 Village Board of Directors
Foundation Board of Directors
Village Council
Management Team
Page 3 Honoring Our Donors
Page 4 Village Financials
Foundation Financials
Clockwise from top, left: Village residents and 50+ Club members celebrate the re-opening of the memorial garden. Executive Director Shelley Rauch performs in the Christmas play. Former Pacer Darnell Hillman visits resident Edward Sipole as part of the WVN/Never Too Late Foundation program granting wishes for resident veterans. The 2nd Annual Charity Golf Outing included this foursome: (from
left) Admis-sions Director Tracy Pope, Jeff Lowe of Premium Sup-ply, Board member Reed Scism, and res-ident Philip Beck. Guards-men raise the flag during Veterans’ Day services in the Village.
Annual Report 2004 — Page 4
Westminster Village North FY 2004 The Westminster Foundation FY 2004
Fund Balances: $1,465,708
Cash — 1% Temporary Restricted, Life Income Charitable Trust — 5%
