Annual
Report
2007
Westminster Village North
and
The Westminster Foundation
Westminster Village North,
a nonprofit continuing care community, is committed to excellence in residential and
health care services for senior adults in a secure home environment that enhances their
mental, physical and spiritual well-being.
Directors
Brian Madden, CPA, President
Charles Madden & Co.
Virginia Maher, RN
St. Vincent Hospital
Tony Nicholas, Vice President
Musset, Nicholas & Associates
Michael Musa, Ret. President
Ameritech Global Gateway Services
Frank Neese, Treasurer
Indiana Securities
P. Jon Miller, CPA
Controller, Hancock Memorial Hospital
Kay Sutherlin, Secretary
Ret., School Counselor
Bettye J. Parks, RN
Ret., Community Hospital
Brad Hitzfeld, President & Founder
Pro-Clad, Inc.
Linda Pendleton, Vice President
VEI Real Estate Services, Community Health
Network
Albert R. “Jack” Jackson III, COO
Bank of Indiana
Elizabeth Coffey, Board Member Emeritus
Paul Kortepeter, Esq., Legal Counsel
The Westminster Foundation
exists to make a positive difference in the mental, physical and spiritual lives of senior
adults, especially those residents of Westminster Village North for whose benefit the
foundation was established and continues to steward the endowment funds entrusted
to it.
Directors
Frank Neese, President
Judy Lumbert
Bob Baumgardt, Vice President
George McCord, M.D.
James Jordan, Treasurer
Eugene Vigus
Kay Broughton
Elizabeth Coffey, Board Member Emeritus
Ann Emhardt
Paul Kortepeter, Esq., Legal Counsel
Dorothy Kandrac
From the executive . .
Westminster Village North celebrated its 35th
anniversary at the close of this year, and that’s
something of which we’re very proud. Thirty-five years
of uninterrupted service to seniors...of promises kept...of
extraordinary quality care.
As America ages, and the pool of retirees grows, lots of
companies are deciding to get into the business of
senior living. But very few can boast of the experience
and success of Westminster Village North. Our CARFCCAC accreditation speaks to our continued
conformance to the highest standards of governance,
fiscal practices, innovation and quality improvement.
Our longevity speaks to the integrity and selflessness
with which we live our mission each and every day.
I’m personally proud to have passed my own milestone
anniversary this year, completing 10 years as executive director of Brian Madden, President of the Westminster Village
North Board of Directors, presents Executive Director
Westminster Village North. Ten years of Christmas Teas and
Shelley Rauch with a bouquet in honor of her 10th
Resident Council meetings, of sharing joys and sorrows with our anniversary at the helm of the Village.
residents. One of the things that has never failed to impress me
during my tenure is the distinction and dedication of the Westminster Village North staff. Our ability to
recruit and retain such caring and qualified professionals speaks directly to the depth of our calling and the
strength of our commitment to our residents.
To you who support us in this mission, I speak for us all — staff and
residents alike — in expressing our sincere thanks!
Leadership
Shelley L. Rauch, MBA, HFA
Executive Director
Rhonda Garcia, RN
Director of Nursing Operations
Dan Armantrout
Director of Food Services
Stephanie James, HFA
Health Center Administrator
Jackie Brewer
Executive Assistant/Manager of Communications
Wm. Robert “Bob” Lee, CPA
Director of Financial Operations
Sandra Cline, MA
Director of Resident & Community Relations
Sally Pea
Director of Human Resources
Wilda Duncan
Director of Campus Environment
Jodie Harper, MD
Medical Director
Accountability, Financial and Social
Westminster Village North FY 2007
Income
Program Service Revenue
Dues & Assessments
Contributions
Dividends, Interest, Other
Total Income
Expense
Program Services
Management, General
Reserve from Operations
Total Expense
12,704,144
1,120,392
368,375
656,019
$ 14,848,930
12,252,429
2,114,677
-0$ 14,367,106
The Westminster Foundation 2007
Income
Contributions
Interest & Dividends
Other
Gain (Loss) on Investments
Realized
Unrealized
Total Income
Expense
Investment Fees
Other
30,255
51,705
1,420
60,794
(19,082)
$ 125,092
9,699
1,098
Assets
Property & Equipment
Depreciation
Current Assets
Investments Limited as to Use
Deferred Financing Costs
Total Assets
43,784,128
(11,329,435)
1,960,511
11,537,033
702,517
$ 46,654,768
Liabilities & Net Assets
Long-term Liabilities
Current Liabilities
Deferred LOF Revenue
Net Assets
Total Liabilities & Net Assets
24,025,000
1,170,722
12,493,951
8,965,095
$ 46,654,768
Total Expense
$ 10.797
Excess Revenue Before Contributions to WVN
114,295
Contributions to WVN
51,453
Excess Revenue
$ 62,842
Fund Balance
Beginning of Period
End of Period
Unrestricted Assets
Checking
Certificate of Deposit
Investment Account
Cash
Common Stock
Commemorative Prints
Total Unrestricted
$ 1,476,559
$ 1,539,401
50,232
501,182
26,415
372,923
551,414
399,338
2,250
$ 953,002
Restricted — Temporary
Present Value, Life Income
Gift Annuities
31,865
Designated Funds
(14,649)
$ 17,216
Restricted Assets
Glen Veal Trust Account
Money Market Funds
6,113
Corporate Obligations 213,981
Common Stocks
349,089
$ 569,183
Total Assets
$ 1,539,401
Transportation During FY2007
The number of miles driven by Westminster Village
North vehicles:
Automobile
7,905
Van
5,097
Bus
2,433
New Bus
303
Total Miles
15,738
Fuel Cost
$ 4,415.19
Complimentary Transportation to Community
Hospital North Campus
$ 1,900
Courtesy Ambulance Transportation from
Hospitals to Westminster Village North
Number of Residents Served
104
Expense to Village
$ 4,160
Meals Served During FY2007
Health Center
116,000
Sycamore Villa
75,000
Tamarack Villa*
29,000
Employees
7,800
Meals on Wheels
3,900
Total
231,700
*Does not include continental breakfasts
Employee Information at Year End
Total Employees on 9/30/07
Total Part-time Employees
Total Full-time Employees
Total Salaries & Wages Paid
253
54
199
$ 6,635,827
Residents Served in FY2007
Total Residents on 9/30/07
Health Center Residents
Assisted Living Residents
Independent Residents
321
103
49
218
Therapy Patients/Residents Served
Medicare Part A
Medicare Part B
Medicare Part B Outpatients
Medicare Part B Outpatients, Assisted
Medicare Part B/Medicaid
Medicaid
Private Insurance Patients
Private Insurance Outpatients
Private Pay Patients
Private Pay Outpatients
425
253
48
62
16
18
1
16
1
9
1
Other Social Accountability
As a nonprofit organization, Westminster Village North and The Westminster Foundation
take very seriously our responsibility to the community at large, as well as to our residents and
associates. We regularly open our doors and provide space and services on our campus to a
variety of organizations. Additionally, we send our associates into the community with
educational presentations and health promotion outreach efforts. Among the programs we
offered and the groups we benefited in FY 2007:
Carmel Girls Club
Mayoral Candidates
Open Forum
Lawrence Girls Softball
NPR Story Corps
LifePath Program, Salvation
Army
Community Wellness Fair
Hancock Regional Hospital
Stephen Ministries, Northminster Presbyterian
Church
Caregivers’ Support Group
PEO Clubs
Indiana Heart Hospital
Community Hospital East
Crime Prevention Seminar
Ruth Lilly Hospice
American Pianists’ Association
Irvington Presbyterian Church
St. Simon Catholic Church
City of Lawrence Fire Department
Dive Training in Indian Creek
5th Annual Charity Golf Outing
Partners, sponsors and golfers helped make our 2007
Annual Golf Outing another wonderful success.
Special thanks to Title Sponsor Fifth Third Bank,
Dinner Sponsor MainSource Bank, Lunch Sponsor
AON, and Golf Ball Sponsor TX:Team, all of whom
played a major role, and to all those — vendors,
residents and supporters — who contributed so
much to this event!
Title Sponsor
Fifth Third Bank
Dinner Sponsor
MainSource Bank
Lunch Sponsor
AON
Golf Ball Sponsor
TX:Team
Beverage Cart Sponsor
Rehab Strategies
Putting Contest Sponsor
Pharmerica
Hole Sponsor with Foursome
Blue & Co.
Sommer Barnard
Hole Sponsor
Business Art & Design
Barnes & Thornburg
Home Free
Turner Construction
Golf Tee Sponsor
Citizen’s Gas
Hole-in-One Sponsor
Carpet Services Unlimited
Hazard Sponsor
Capital City Transit, LLC
Foursomes
Aon
Blue & Co.
Citizen’s Gas
Dawn Dickey
Duro-Last, Dan Johnson
Brad Eschelman
Fifth Third Bank
Harrison Moberly
MainSource Bank
Mussette Nicholas & Associates, Tony Nicholas
Pharmerica
Pro-Clad Inc., Brad Hitzfeld
Rehab Strategies
Sommer Barnard
SouthernCare Hospice
TX:Team (3 foursomes)
Westminster Village North (2 teams)
Willow Marketing
Individual Players
Wilber Andrichik (resident) & son
Certified Flooring
Fred McCarthy (resident)
V. Eugene Ritz (resident)
Jack Vest (resident)
VistaCare Hospice (2 players)
Chuck Williams (resident)
Lynn Wilson, Crosby Wilson Consulting
Donors
Richard Lindstaedt (resident)
Sunnyside Golden K Kiwanis
Door Prize Donors
Anonymous (Golf at Plum Creek—4 rounds)
Anonymous (Ram Restaurant Gift Certificate)
Broad Ripple Brew Pub
Clowes Hall
Dance Kaleidoscope
DMR Cleaners
Dreyer & Reinbolt BMW
Elder Moves
Elite Wine
Garrison Restaurant
Gillespie’s Florist
Home Helpers
Hoosier Storytelling Festival
Indiana Funeral Homes
Indianapolis Indians
Indiana Repertory Theatre
Kroger
Lockhart Cadillac
Fred McCarthy (4 rounds of golf at Grey Eagle)
Fred McCarthy (4 rounds of golf at Ironwood)
Papa’s Pancake House
Puccini’s
Rainforest Car Wash
Reeda Todd Spa
Source One, Dick’s Sporting Goods
Steel Pony Café
Technique’s Day Spa
Yellow Rose Carriage
Voelkel’s Collision Repair
White’s Ace Hardware
WIBC (Ruth’s Chris Gift Certificate)
With sincere appreciation ...
Whether in memory of a beloved resident, as an annual gift, or in response to a special appeal,
donors to The Westminster Foundation help us strengthen our programs, develop new and
innovative projects to serve our residents and our community, and provide benevolent care for
Village residents whose funds have been depleted. This year was especially rewarding, as so
many new benefactors stepped forward to assist us in this mission. We are grateful to each
one.
Snoezelen Room Project
This project was initiated by Westminster
Village North Board Member Michael Musa
and his wife Debbie, and raised more than
$11,000 for the installation of a room in
Ironwood Memory Care providing a multisensory experience for our memory-impaired
residents.
$1,000 +
Anonymous
Anonymous
Charles E. Williams III
Westminster Village North Residents Council
$101 — $999
Mr. and Mrs. Ted Christofolis
B. T. Maxam, MD
UBS
$51 — $100
Mr. and Mrs. William Allen
Mr. and Mrs. Richard Cieslak
Connie Horn
Mr. and Mrs. Victor Milstein
Mr. and Mrs. Jeffrey Pinderski
Mr. and Mrs. Philip
Wilson
Margaret L.
Ziperman
Mr. and Mrs. John
Zukel
$1 — $50
Mr. and Mrs.
Douglas Alexander
Mr. and Mrs. Evelio
Altuve
Anne Barth
Martha Bessert
Mr. and Mrs. Andrew
Brallier
Mr. and Mrs. Angel Brallier
Mr. and Mrs. Larry Brallier
Marlin E. Brallier Living
Trust
Patsy Brallier
Mr. and Mrs. John Bratt
Mr. and Mrs. T. G. Budd
Mr. and Mrs. Walter Catlow
James Det
Mr. and Mrs. Kenneth
Edmonds
Mr. and Mrs. John
Edmondson
Mr. and Mrs. Richard Gilbert
Jr.
Donna Holtz
Mr. and Mrs. Mark Ippolito
Phyllis Jewett
Mr. and Mrs. Michael Lipic
Mr. and Mrs. Clark Maxwell
Mr. and Mrs. Robert
Mercer
Maria Musa
Mr. and Mrs. Jade
Newburn
Wade Nichols
Scott Newland
Mr. and Mrs. Ronald Ray
Mr. and Mrs. Kevin Raywood
Mr. and Mrs. Russell Sanders
Mr. and Mrs. Jack Saylors
Mr. and Mrs. Randall Seitzinger
Mr. and Mrs. Allen Sims
Mr. and Mrs. David Sims
Kent Springer
Mr. and Mrs. John Trimble
Mr. and Mrs. William VanLandingham
Mr. and Mrs. James Wilson
Janice K. Wilson
Michael Wilson
Tamarack Flag and Pole Project
Resident military veterans stepped forward
to place a United States flag and flagpole at
the entrance to the new independent living
building at Westminster Village North.
Their fundraising efforts resulted in more
than $5,000 for the installation and
dedication as part of the Village’s 35th
anniversary celebration.
$2,500
Anonymous Challenge Grant
$51 — $100
Dr. and Mrs. David Alvis
Kay Broughton
Mr. and Mrs. René
DéFourneaux
Frances Eickhoff
Mr. and Mrs. Joe Gehris
Mr. and Mrs. Ray Hanson
Dr. and Mrs. William Lawrance
B.T. Maxam, M.D.
Marion Norkin
Merle Ritter
Marlan Smith
Mr. and Mrs. Jack Vest
Barbara Wood
Irene Yacko
$1 — $50
Rose Bailey
Jami Blanton
Mr. and Mrs. Russell Brewer
Mr. and Mrs. T. G. Budd
Doris Cheshier
Mr. and Mrs. Jack Duncan
Mr. and Mrs. Bob Gamble
Ruth Iliff
Gerald L. King
Mr. and Mrs. Victor Milstein
Michael Musa
Sally Pea
V. Eugene Ritz
Jean Schroeder
Carroll Trotter
In-Kind Gifts
Periodically, residents, families and other
friends of the Village provide in-kind gifts of
equipment, furniture and fixtures that
enrich the lives of our residents.
Anonymous
Stephen C. Cline
Barbara Goodwin
Mr. and Mrs. Bill Nelson
Susan Petefish
Garu Reeder
Betz Strickland
Norma J. Wingo
Mr. and Mrs. John Zukel
Memorial Gifts
It is perhaps not surprising that many
families choose to ask that gifts in memory of
their loved ones come to the place where
those individuals were so happy and blessed.
We use those donations for the good of the
friends and neighbors the deceased left
behind at Westminster Village North.
In memory of Ellen Fritzlen
Katie Chaney
Mr. and Mrs. Earl Cripe
Mr. and Mrs. David Deck
Mr. and Mrs. Jeff Fritzlen
Janet Griner
Mr. and Mrs. Charles Jackson
Jo Longman
Horst Muehlbronner
Mr. and Mrs. Doug Wambaugh
Mr. and Mrs. Timothy Wills
In memory of Marcus Kendall
Carol K. Forthofer
Jeff Kendall
Mr. and Mrs. Paul Kortepeter
Mr. and Mrs. Roger Merkel
Sara Pechous
In memory of Mary Newill
Cherie Becker
Trent Cowles
Mrs. Eugene M. Dodd
Kim Fogg
Linda Frye
Paul Kortepeter
Mr. and Mrs. W. J. Newill
Doris Stewart
Walter G. Vonnegut
Ruth D. Walker
In memory of Albert Woods
Katherine Gorham
Mr. and Mrs. Ralph Trede
Mr. and Mrs. Herschel Wilson
Wallace R. Woods and Marie W. Simard
Continued appreciation...
Other memorial gifts
Dr. and Mrs. William Lawrance, in memory of
Barbara Williams
Mary McCarty, in memory of Lois Harting
Elsa L. Morris, Esq., in memory of Florence Carter
Unrestricted Gifts
Unrestricted gifts are the lifeblood of The
Westminster Foundation — increasing our
endowment and helping guarantee the future
of both The Foundation and Westminster
Village North. These generous donors provide
the basis for our Life Occupancy promise.
$ 1,000 +
Jodie R. Harper, M.D.
$ 101 — $1,000
Mr. and Mrs. Charles K. Betzner
B. T. Maxam, M.D.
Bettye J. Parks
Mr. and Mrs. Jack Vest
$ 51 — $100
Mr. and Mrs. Russell Brewer
Patricia Brickey
Mr. and Mrs. William R. Coffey
Constance L. Heady
Barbara Janeway
Mr. and Mrs. Michael Musa
Mr. and Mrs. Ravi Nair
Mary Ann Pulley
Mr. and Mrs. William Reynolds
Barbara Wood
A very special thank you
to Mary K. Newill, Board Member Emeritus
of Westminster Village North, who passed
away in our Health Center on February 25,
2007. Mary provided years of unselfish
service to the Village as a Board member. In
addition to her diligence as part of our
governance team, she was a generous donor,
eagerly pledging her financial support at
every opportunity.
As her final gift to the Village, she left a
bountiful bequest, a portion of which The
Westminster Foundation’s Board of Directors
has committed toward the expansion and
renovation of the therapy gymnasium and spa
in the Westminster Village North Health
Center.
The Westminster Foundation
and
Westminster Village North
11030 Presbyterian Drive
Indianapolis, IN 46236
Telephone: 317 823 6841
Facsimile: 317 823 2177
Find us on the Web at
www.WestminsterVillage.com