Westminster Village West Lafayette

Legal name: Westminster Village West Lafayette Inc

Nonprofit profile at a glance

EIN
311002846
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
West Lafayette, IN, US
Phone
765-463-7546
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$30,936,277
Expenses
$34,401,587
Assets
$95,283,487
Liabilities
$111,712,672

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • RICHARD L BARTHOLOMEW (PRESIDENT)
  • MARIANNE ROSE (VICE-PRESIDENT)
  • BENJAMIN BLANKENSHIP (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JESSICA ARGERBRIGHT (DIRECTOR OF ACCOUNTING): $174,116 total reported compensation
  • JENNIFER CLARK (DIRECTOR OF NURSING): $164,108 total reported compensation
  • STEPHANIE SMITH (DIRECTOR OF MARKETING): $148,003 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 modern Life Plan Community in West Lafayette, Indiana.

What it reported doing in 2024

The village provides care to residents who meet certain criteria under its financial assistance policy without charge. The key element used to determine eligibility is the resident's inability to pay their monthly charges as documented in an application that requires them to report total monthly income and total assets and is approved by management and the board. Because the village does not pursue collection of amounts determined to qualify for financial assistance, they are not reported as revenue. The village has estimated its direct and indirect costs of providing financial assistance under its financial assistance policy. Because all of the financial assistance provided during the period where in the skilled nursing setting, management estimated that the cost of providing financial assistance is approximately equal to the rates being foregone. Using this methodology, the village has estimated the costs foregone for services and supplies furnished under the village's financial assistance policy of approximately $50,000 and $0 for the years ended june 30, 2025 and 2024, respectively. This amount is included as an offset to resident services revenue.

Operating model

Revenue model
Earned-program. 96% 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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 60
  • Accountability: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.6%; rating input score 99
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.2%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 98.6% of revenue deployed · 88.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $30.3M in reported program spending
  • Leadership: top reported pay $174K · 15 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.8M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.