WESTMINSTER VILLAGE WEST LAFAYETTE INC

EIN: 311002846 501(c)(3) Human Services

WEST LAFAYETTE, IN

Total Revenue
$30,936,277
Total Expenses
$34,401,587
Total Assets
$95,283,487
Net Assets
$-16,429,185
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
IN
Principal Officer
BENJAMIN BLANKENSHIP
Phone
7654637546
Tax Period
2024-07-01 to 2025-06-30

WESTMINSTER VILLAGE WEST LAFAYETTE INC, founded in 1976, is a mid-sized nonprofit in the Human Services sector that reported $30.9M in total revenue in fiscal year 2024. Expenses of $34.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION OF WESTMINSTER VILLAGE IS TO PROVIDE EXCEPTIONAL SERVICES THAT PROMOTE THE OVERALL WELLNESS OF SENIORS IN THE GREATER LAFAYETTE COMMUNITY. AS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY (CCRC), WE OFFER A FULL CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND HEALTHCARE SERVICES, TAILORED TO THE EVOLVING NEEDS OF SENIORS. WE ARE COMMITTED TO ENHANCING LIVES, SHARING RESOURCES, AND COLLABORATING WITH LOCAL ORGANIZATIONS TO FOSTER A SUPPORTIVE, VIBRANT, AND INCLUSIVE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $30,328,442 Revenue: $29,527,271

WESTMINSTER VILLAGE WEST LAFAYETTE, INC. IS A NOT-FOR-PROFIT, LIFE PLAN COMMUNITY LOCATED IN WEST LAFAYETTE, INDIANA. FACILITIES INCLUDE 110 RESIDENTIAL UNITS (INDEPENDENT LIVING CENTER), 54...

Read more

WESTMINSTER VILLAGE WEST LAFAYETTE, INC. IS A NOT-FOR-PROFIT, LIFE PLAN COMMUNITY LOCATED IN WEST LAFAYETTE, INDIANA. FACILITIES INCLUDE 110 RESIDENTIAL UNITS (INDEPENDENT LIVING CENTER), 54 INDEPENDENT LIVING COTTAGES, 54 HYBRID HOMES, A 72 BED COMPREHENSIVE CARE FACILITY (THE HEALTH CENTER), AND A 58 BED ASSISTED LIVING FACILITY. WESTMINSTER'S PRIMARY PURPOSE IS THE PROVISION OF CONTINUING CARE SERVICES TO THE CITIZENS OF WEST LAFAYETTE, INDIANA AND THE SURROUNDING COMMUNITIES.

Program 2
Expenses: $0 Revenue: $-50,000

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...

Read more

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.

Program 3
Expenses: $0 Revenue: $0

CONSISTENT WITH THE MISSION STATEMENT OF THE VILLAGE, THE VILLAGE IS COMMITTED TO PROVIDING PROGRAMS, SERVICES AND CONTRIBUTIONS (BOTH IN KIND AND FINANCIAL) THAT TARGET THE RESIDENT POPULATION AT...

Read more

CONSISTENT WITH THE MISSION STATEMENT OF THE VILLAGE, THE VILLAGE IS COMMITTED TO PROVIDING PROGRAMS, SERVICES AND CONTRIBUTIONS (BOTH IN KIND AND FINANCIAL) THAT TARGET THE RESIDENT POPULATION AT THE VILLAGE, AS WELL AS TO BENEFIT THE BROADER COMMUNITY. IN ADDITION TO THE FINANCIAL ASSISTANCE, THE VILLAGE PROVIDES COMMUNITY SERVICES THAT INCLUDE, BUT ARE NOT LIMITED TO EDUCATIONAL PROGRAMS, TRANSPORTATION AND CHURCH RELATIONS ALL TARGETED TOWARDS ENHANCING THE QUALITY OF LIFE OF THE RESIDENTS. THE COST OF THESE PROGRAMS AND SERVICES ARE INCLUDED IN OPERATING EXPENSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $29,477,271
Investment Income $710,421
Other Revenue $748,585
TOTAL REVENUE $30,936,277

Expense Breakdown

Grants Paid $2,207
Salaries & Benefits $16,534,103
Fundraising Expenses $0
Program Expenses $30,328,442
Other Expenses $17,865,277
TOTAL EXPENSES $34,401,587

Year-over-Year Comparison

2024 2023 Change
Revenue $30,936,277 $29,704,102 +0.0%
Expenses $34,401,587 $32,855,772 +0.0%
Net Income $-3,465,310 $-3,151,670 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
477
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD L BARTHOLOMEW PRESIDENT 5.00
Officer Director
$0 $0 $0
JANE SMITH SECRETARY 5.00
Officer Director
$0 $0 $0
BRAD DENO TREASURER 5.00
Officer Director
$0 $0 $0
ANNA WILSON DIRECTOR 3.00
Director
$0 $0 $0
MARIANNE ROSE VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
DON GENTRY DIRECTOR 3.00
Director
$0 $0 $0
STEPHANIE LONG DIRECTOR 3.00
Director
$0 $0 $0
CHARLENE SULLIVAN DIRECTOR 3.00
Director
$0 $0 $0
MARCELLA TASHJIAN-GIBBS DIRECTOR 3.00
Director
$0 $0 $0
BENJAMIN BLANKENSHIP EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
JESSICA ARGERBRIGHT DIRECTOR OF ACCOUNTING 40.00
Highest
$148,039 $26,077 $174,116
GARY ELLIOTT PLANT OPS DIRECTOR 40.00
Highest
$123,198 $13,769 $136,967
STEPHANIE SMITH DIRECTOR OF MARKETING 40.00
Highest
$129,828 $18,175 $148,003
CANDACE SWICK DIRECTOR OF MARKETING 40.00
Highest
$134,843 $5,639 $140,482
JENNIFER CLARK DIRECTOR OF NURSING 40.00
Highest
$132,965 $31,143 $164,108
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $30,936,277 $34,401,587 $95,283,487 $-3,465,310
2024 $29,704,102 $32,855,772 $98,859,459 $-3,151,670
2023 $24,755,270 $27,572,502 $100,146,650 $-2,817,232
2022 $23,808,616 $25,574,519 $87,230,957 $-1,765,903
2021 $26,220,357 $25,917,124 $84,787,019 $303,233
2020 $23,866,638 $25,304,591 $85,706,902 $-1,437,953
2019 $22,815,559 $25,325,479 $85,125,266 $-2,509,920
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WESTMINSTER VILLAGE WEST LAFAYETTE INC with other nonprofits in Indiana and across the country.