Westminster Village
Legal name: Westminster Village Inc
Nonprofit profile at a glance
- EIN
- 860424020
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Scottsdale, AZ, US
- Phone
- 480.451.2000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $25,861,929
- Expenses
- $23,156,210
- Assets
- $49,032,713
- Liabilities
- $58,242,496
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DON KREDEL (PRESIDENT)
- PATRICK MURPHY (VICE PRESIDENT)
- THOMAS D WINKELMAN (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- THOMAS D WINKELMAN (CHIEF EXECUTIVE OFFICER): $682,240 total reported compensation
- PHILIPPE MICHELIN (CHIEF OPERATING OFFICER): $342,678 total reported compensation
- GARTH P BEGUIN (CHIEF FINANCIAL OFFICER): $296,317 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Westminster Village is a non-profit, continuing care retirement community offering secure and connected senior living with ample amenities. Located on a lushly landscaped 16-acre campus in the heart of sunny Scottsdale off Cactus Road and the 101, our resort-style retreat enhances the independence, dignity, health and wellbeing of all who call it home.
What it reported doing in 2024
Westminster village, inc. Is a lifecare retirement facility consisting of 250 apartments for independent living as well as assistance with activities in daily living for senior citizens. 23-assisted living units and a 38-bed directed care assisted living center is included in the facility.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 83
- Accountability: 95
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.2%; rating input score 74
- Program expense ratio: 84.7%; rating input score 85
- Fundraising efficiency: $10.89 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.12; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 1.19; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 74.2% of revenue deployed · 84.7% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $19.6M in reported program spending
- Leadership: top reported pay $682K · 15 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.7M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 22/100.