WESTMINSTER PLACE (EIN 362167832) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1904

Legal Domicile

Phone

8479793902

Tax Period

2024-04-01 to 2025-03-31

WESTMINSTER PLACE, founded in 1904, is a mid-sized nonprofit in the Human Services sector that reported $52.2M in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $49.8M left a modest 5% surplus.

Mission

WESTMINSTER PLACE, A FAITH BASED NOT FOR PROFIT, CREATES VIBRANT COMMUNITIES FOR OLDER ADULTS THAT INSPIRE WELLNESS, INDEPENDENCE, JOY AND SECURITY - ENRICHING THE LIVES OF RESIDENTS AND THEIR FAMILIES.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,738,926

Program Service Revenue $56,142,238

Investment Income $2,412,020

Other Revenue $280,351

TOTAL REVENUE $61,573,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,721,145

Fundraising Expenses $0

Program Expenses $51,776,686

Other Expenses $32,263,247

TOTAL EXPENSES $58,984,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,573,535	$61,327,855	+0.0%
Expenses	$58,984,392	$59,177,233	0.0%
Net Income	$2,589,143	$2,150,622	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

537

Volunteers

214

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

$2,389,531

Total Directors

Key Employees

$1,072,667

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELINOR HITE	Director /Secretary	1.0	Officer Director	$0	$0	$0
ERIC MOLLMAN	Director /Co-Chair	1.0	Officer Director	$0	$0	$0
MIKE LINCOLN	Director /Treasurer	1.0	Officer Director	$0	$0	$0
VINCE KELLY	Director /Co-Chair	1.0	Officer Director	$0	$0	$0
CHARLIE DENISON	Director	1.0	Director	$0	$0	$0
DENNIS MARX	Director	1.0	Director	$0	$0	$0
JESSICA STRAUSBAUGH	Director	1.0	Director	$0	$0	$0
JIM BRAULT	Director	1.0	Director	$0	$0	$0
JULIE SEYMOUR	Director	1.0	Director	$0	$0	$0
MARK WETZEL	Director	1.0	Director	$0	$0	$0
MARSHA OBERREIDER	Director	1.0	Director	$0	$0	$0
PAULA NOBLE	Director	1.0	Director	$0	$0	$0
REV MICHAEL KIRBY	Director	1.0	Director	$0	$0	$0
ROBERT DEARBORN	Director	1.0	Director	$0	$0	$0
SAM REYNOLDS	Director	1.0	Director	$0	$0	$0
THOMAS MCAFEE	Director	1.0	Director	$0	$0	$0
MARK HAVRILKA	CFO	11.0	Officer	$0	$110,992	$808,217
NADIM ABI-ANTOUN	CEO	11.0	Officer	$0	$217,349	$1,156,546
SHANNON GUTIERREZ	COO	13.0	Officer	$0	$35,207	$424,768
JOSEPH HASSEL	VP, Facility Management	9.5	Key Emp	$0	$48,016	$341,595
SAMANTHA VICTOR-ALVARADO	VP, Human Resources	9.5	Key Emp	$0	$67,064	$283,712
SETH AWES	Executive Director (Beg. 10/24)	37.5	Key Emp	$40,162	$33,868	$209,354
WILLIAM CASPER	Executive Director (Thru. 10/24)	37.5	Key Emp	$216,201	$21,805	$238,006
ALPANA PATEL	VP, Clinical Services	13.0	Highest	$0	$38,275	$276,984
LINDSEY AUMICK	Director of Finance	11.0	Highest	$0	$24,800	$261,836
PETER JAGGARD	Medical Director	30.0	Highest	$213,126	$12,245	$225,371
RAMONA WILT	VP, Marketing and Sales	13.0	Highest	$0	$54,408	$311,078
RAYMOND BENEGAS	VP, Information Technology	9.5	Highest	$0	$61,115	$319,005
ANDREW WISSEL	Director, HR / Former VP, HR	13.0		$0	$38,704	$220,633
TODD SWORTZEL	Executive Advisor/Former CEO	7.5		$0	$12,202	$865,469

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	$61,573,535	$58,984,392	$185,185,962	$2,589,143
2024	$61,327,855	$59,177,233	$184,476,019	$2,150,622
2023	$57,783,644	$55,736,297	$183,966,040	$2,047,347
2022	$52,629,368	$50,487,452	$182,178,492	$2,141,916
2021	$51,886,638	$49,484,186	$167,925,027	$2,402,452
2020	$55,183,204	$49,305,637	$123,606,792	$5,877,567
2019	$52,206,745	$49,804,730	$114,576,799	$2,402,015

WESTMINSTER PLACE