SHENANDOAH VALLEY WESTMINSTER-CANTERBURY FOUNDATION

EIN: 474751000 501(c)(3) Housing & Shelter

WINCHESTER, VA

Total Revenue
$1,087,590
Total Expenses
$496,404
Total Assets
$13,425,666
Net Assets
$13,166,803
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
DUANE A WERNECKE
Phone
5406655923
Tax Period
2024-01-01 to 2024-12-31

SHENANDOAH VALLEY WESTMINSTER-CANTERBURY FOUNDATION, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 81% operating margin.

Mission

SUPPORTING PROGRAMMING RESOURCES AND OTHER SUPPORT TO WESTMINSTER-CANTERBURY OF WINCHESTER, INC.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $388,730
Program Service Revenue $0
Investment Income $698,860
Other Revenue $0
TOTAL REVENUE $1,087,590

Expense Breakdown

Grants Paid $453,639
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $453,639
Other Expenses $42,765
TOTAL EXPENSES $496,404

Year-over-Year Comparison

2024 2023 Change
Revenue $1,087,590 $844,892 +0.3%
Expenses $496,404 $404,003 +0.2%
Net Income $591,186 $440,889 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
9
Employees
N/A
Volunteers
9

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
1
$0
Total Directors
11
$702,631
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MRS GLORIA J SHILEY EX-OFFICIO BOARD MEMBER 1.00
Director
$0 $46,167 $422,651
MR DUANE A WERNECKE CPA EX-OFFICIO BOARD MEMBER 1.00
Director
$0 $52,888 $279,980
MRS KATHY TAGNESI CHAIR 1.00
Officer Director
$0 $0 $0
REV DAN MCCOIG BOARD MEMBER 1.00
Director
$0 $0 $0
MRS MARIE IMOH BOARD MEMBER 1.00
Director
$0 $0 $0
MR CHARLES MCWILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD EISENSTAEDT BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN KAGEY BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
GINA HAMMOND BOARD MEMBER 1.00
Director
$0 $0 $0
MARCIA KEECH BOARD MEMBER 1.00
Director
$0 $0 $0
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
2024 $1,087,590 $496,404 $13,425,666 $591,186
2023 $844,892 $404,003 $12,329,440 $440,889
2022 $712,903 $351,779 $10,452,941 $361,124
2021 $869,962 $407,298 $12,026,015 $462,664
2020 $285,648 $233,961 $10,895,632 $51,687
2019 $-357,749 $293,582 $10,118,871 $-651,331
2018 $1,717,089 $331,324 $9,182,784 $1,385,765
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