Westminster Towers
Legal name: Westminster Presbyterian Center Inc
Nonprofit profile at a glance
- EIN
- 570699090
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Rock Hill, SC, United States
- Phone
- 803-328-5000
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
- Affiliation
- Christianity
Reported finances
- Revenue
- $14,517,314
- Expenses
- $12,744,996
- Assets
- $38,465,678
- Liabilities
- $15,759,519
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- JAMES THOMASON (PRESIDENT & CEO)
Highest reported compensation
- JAMES THOMASON (PRESIDENT & CEO): $340,821 total reported compensation
- JENNIE MCCALL (CFO): $181,672 total reported compensation
- WILLIAM BOSDELL (OPERATIONS DIRECTOR): $170,742 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide services that inspire, encourage, and empower seniors while demonstrating the love of Christ to support individual well-being.
What it reported doing in 2024
Leading senior services by initiating innovative change, providing creative alternatives for life's journey, while anticipating and meeting tomorrow's challenges and opportunities by using faith in God as our foundation, we serve and honor others with purpose: Integrity, Respect, Excellence, Enrichment.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.7%; rating input score 77
- Program expense ratio: 82.2%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.2%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 3.02; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 7.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 21st percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.7% of revenue deployed · 82.2% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $10.5M in reported program spending
- Leadership: top reported pay $341K · 21 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.4M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.