WESTMINSTER SERVICES INC (EIN 593614812) - 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

1999

Legal Domicile

Principal Officer

JENNIFER MARTENS

Phone

4078395050

Tax Period

2024-04-01 to 2025-03-31

WESTMINSTER SERVICES INC, founded in 1999, is a mid-sized nonprofit in the Housing & Shelter sector that reported $21.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE ENTITY IS ORGANIZED FOR EXEMPT CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING THE PROVISION OF GENERAL OPERATIONAL SERVICES TO THE ENTITIES OF THE WESTMINSTER RETIREMENT COMMUNITIES, INC. (WRC) AND PRESBYTERIAN RETIREMENT COMMUNITIES, INC. (PRC). ALL OF THE ENTITIES OF WRC AND PRC ARE EXEMPT UNDER IRC SECTION 501(C)(3). THE ORGANIZATION PROVIDES CERTAIN FINANCIAL AND OPERATIONAL MANAGEMENT SERVICES TO THE ENTITIES OF WRC AND PRC.

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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 $405,191

Program Service Revenue $21,020,419

Investment Income $0

Other Revenue $149,930

TOTAL REVENUE $21,575,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,251,268

Fundraising Expenses $1,889,337

Program Expenses $16,853,589

Other Expenses $3,729,450

TOTAL EXPENSES $20,980,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,575,540	$18,434,108	+0.2%
Expenses	$20,980,718	$19,508,369	+0.1%
Net Income	$594,822	$-1,074,261	-1.6%

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

185

Volunteers

N/A

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

$2,907,444

Total Directors

Key Employees

$234,469

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD DODDRIDGE	CHAIRMAN	0.25	Officer Director	$0	$0	$0
JOHN HILLENMEYER	CHAIRMAN	0.25	Officer Director	$0	$0	$0
TERENCE ROGERS	CEO/PRESIDEN	40.00	Officer	$1,176,383	$33,597	$1,209,980
HENRY T KEITH	CEO/PRESIDEN	40.00	Officer	$682,696	$32,133	$714,829
HENRY T KEITH	CFO/TREASUR/	40.00	Officer	$0	$0	$0
JENNIFER MARTENS	CFO/TREASUR/	40.00	Officer	$275,285	$26,215	$301,500
GARRY D HENNIS	COO/EXECUTIV	40.00	Officer	$648,336	$32,799	$681,135
MEGAN FAUBEL	SECRETARY	0.25	Officer	$0	$0	$0
STEPHEN DYE	DIRECTOR	0.25	Director	$0	$0	$0
GREG BUSTLE	DIRECTOR	0.25	Director	$0	$0	$0
WILLIAM BELL	DIRECTOR	0.25	Director	$0	$0	$0
JEFFREY MOCK	DIRECTOR	0.25	Director	$0	$0	$0
LINDA SHELLEY	DIRECTOR	0.25	Director	$0	$0	$0
JOHN MARK RAMSEY	DIRECTOR	0.25	Director	$0	$0	$0
JOHN DEBEVOISE	DIRECTOR	0.25	Director	$0	$0	$0
DAVID CARLEN MADDUX	DIRECTOR	0.25	Director	$0	$0	$0
CLIFFORD WILLIAM HULL	DIRECTOR	0.25	Director	$0	$0	$0
KRISTIN KUTAC	DIRECTOR	0.25	Director	$0	$0	$0
MARY ELLEN EARLY	DIRECTOR	0.25	Director	$0	$0	$0
LAURIE MCKAY	CONTROLLER	40.00	Key Emp	$220,377	$14,092	$234,469
MARY M KLEIN	CHRO	40.00	Highest	$481,223	$27,988	$509,211
RAYMOND J POLASKI	SENIOR VP OP	40.00	Highest	$438,783	$26,878	$465,661
CHRISTOPHER CALLAHAN	REGIONAL VP	40.00	Highest	$383,099	$19,880	$402,979
DOMINICK DESARRO	VP PHARMACY	40.00	Highest	$377,080	$27,947	$405,027
CHERYL CROOKS	VP OF SALES	40.00	Highest	$375,897	$10,614	$386,511

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	$21,575,540	$20,980,718	$16,015,107	$594,822
2024	$18,434,108	$19,508,369	$11,471,548	$-1,074,261
2023	$17,525,534	$18,080,821	$10,264,060	$-555,287
2022	$16,166,513	$16,430,181	$10,527,032	$-263,668
2021	$15,177,939	$15,177,944	$8,754,066	$-5
2020	$14,034,927	$13,916,456	$8,620,386	$118,471
2019	$13,508,907	$13,508,911	$8,332,118	$-4
2018	$12,203,512	$11,564,713	$9,774,385	$638,799

WESTMINSTER SERVICES INC