Westminster Retirement Communities Foundation

Orlando, FL · EIN 23-7414048 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Westminster Retirement Communities Foundation reported $13.7 million in revenue and $11.3 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $96.26 went to program services, $1.13 to management and general costs and $2.61 to fundraising. Its largest source of revenue was investment income: 56.4% of the total. The highest compensation it reported for one person was $1,209,980 (CEO/PRESIDEN). Revenue rose 73% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $11M

Program services$96.26 $11M
Management & general$1.13 $127K
Fundraising$2.61 $294K

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $14M

Contributions & grants (non-government)$43.56 $6.0M
Investment income$56.44 $7.7M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	96.3%	87.5%
Management & general Part IX 25(C) ÷ 25(A)	1.1%	10.5%
Fundraising Part IX 25(D) ÷ 25(A)	2.6%	0.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.05	$0.01
Contributions & grants share of revenue Part VIII 1h ÷ 12	43.6%	17.0%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	1.0%
Program service revenue share Part VIII 2g ÷ 12	0.0%	66.2%
Highest reported compensation Part VII-A, columns D–F	$1,209,980	$300,863
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	10.75%	1.57%
People paid over $100,000 Part VII, line 2	Not reported	5
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	118.0	10.0
Independent voting board members Part VI 1a–1b	11 of 15	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$11M expenses · 100.0% of program spending · grants $11M

Grants to presbyterian Retirement Communities, inc., Westminster Retirement Communities, inc. And their affiliates

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
CEO/PRESIDEN Officer	$0	$1,176,383	$33,597	$1,209,980
CEO/PRESIDEN Officer	$0	$682,696	$32,133	$714,829
COO/EXECUTIV Officer	$0	$648,336	$32,799	$681,135
CFO/TREASUR/ Officer	$0	$275,285	$26,215	$301,500

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$14M	$11M	96.3%	$111M	$1,209,980
FY2024 ⓘ	$9.1M	$4.4M	92.7%	$111M	$836,263
FY2023 ⓘ	$8.3M	$5.1M	93.8%	$96M	$700,873
FY2022 ⓘ	$16M	$2.9M	88.9%	$104M	$639,210
FY2021 ⓘ	$13M	$5.8M	94.5%	$102M	$501,660
FY2020 ⓘ	$7.9M	$9.1M	96.5%	$75M	$701,050

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b15 · 11 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13Yes
Document retention policy Part VI 14Yes
Independent process for top executive pay Part VI 15aYes
Board given the 990 before filing Part VI 11aNo
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 50

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

WESTMINSTER SERVICES INC
Management serv

$420,000

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Westminster Retirement Communities Foundation totaling $11,314 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Westminster Retirement Communities Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Westminster Retirement Communities Foundation, you can publish a response that is linked from this page.

Report a correction Respond as Westminster Retirement…How this works

Similar-sized charities in this cause

Depaul USA
Chicago, IL · revenue $14M · programs 85.3% · 2025
Living Independently Forever
Hyannis, MA · revenue $14M · programs 88.8% · FY2025
The Housing Partnership
Louisville, KY · revenue $14M · programs 91.5% · FY2025
Colorado Senior Residences
Steamboat Springs, CO · revenue $14M · programs 83.0% · 2023
The Senior Living Foundation
Dunwoody, GA · revenue $14M · programs 84.4% · 2025

All housing & shelter charities · Largest charities in Florida

Questions people ask

How much of Westminster Retirement Communities Foundation's spending goes to programs?

In the fiscal year ending March 31, 2025, Westminster Retirement Communities Foundation reported that 96.3% of its $11.3 million in expenses went to program services, 1.1% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Westminster Retirement Communities Foundation pay its top executive?

The largest total compensation Westminster Retirement Communities Foundation reported for one person in the fiscal year ending March 31, 2025 was $1,209,980, for the role of CEO/PRESIDEN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Westminster Retirement Communities Foundation get its money?

Of $13.7 million in revenue in the fiscal year ending March 31, 2025, 43.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Westminster Retirement Communities Foundation a registered charity?

The IRS lists EIN 23-7414048 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202640479349300904 · read the filing · XML
FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202510729349301561 · read the filing
FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202400449349300800 · read the filing
FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202310449349301551 · read the filing
FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240429349300934 · read the filing
FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202100419349301220 · read the filing

All filings for EIN 23-7414048: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.