WESTMINSTER INGLESIDE KING FARM PRESBYTERIAN RETIREMENT COMMUNITIES INC Charity Report

Public IRS 990 nonprofit record

WESTMINSTER INGLESIDE KING FARM PRESBYTERIAN RETIREMENT COMMUNITIES INC

EIN 45-3825159 · Fund Raising & Fund Distribution - Crime & Legal Related (I12)

What they do

WESTMINSTER INGLESIDE KING FARM PRESBYTERIAN RETIREMENT COMMUNITIES INC. WILL EXCEL IN PROVIDING DISTINCTIVE and SUSTAINABLE RESIDENTIAL SETTINGS WHERE ACTIVE SENIORS LIVE IN VIBRANT, CARING, and SPIRITUALLY RICH COMMUNITIES, and WHERE THEY CAN RELY ON CONTINUING WELLNESS and HEALTHCARE SERVICES for THEMSELVES and THEIR NEIGHBORS.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $0.60 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.63%of revenue went to mission work0.6% of expenses · Program services

$97.85spent for every $100 of revenueRevenue covered expenses this year.

97.23%of revenue went to management and office costs99.4% of expenses

$0.65in assets for every $1 spent this yearSome assets cannot be spent right away.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $674,664 for LYNN OCONNOR (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,171,446

Mission workProgram services$51,0920.63% of revenue0.6% of expenses

ManagementOffice and general costs$7,944,80097.23% of revenue99.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$175,5542.15% of revenueShown in gray on the chart

Total expenses$7,995,89297.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 0.6% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 0.6% mission · 99.4% management · 0.0% fundraisingTotal expenses: 97.85% of revenue

2023Expense mix: 1.2% mission · 98.8% management · 0.0% fundraisingTotal expenses: 87.51% of revenue

2022Expense mix: 3.1% mission · 96.9% management · 0.0% fundraisingTotal expenses: 94.61% of revenue

2021Expense mix: 14.5% mission · 85.5% management · 0.0% fundraisingTotal expenses: 58.26% of revenue

2020Expense mix: 49.7% mission · 50.3% management · 0.0% fundraisingTotal expenses: 180.91% of revenue

2019Expense mix: 11.5% mission · 88.5% management · 0.0% fundraisingTotal expenses: 124.16% of revenue

2018Expense mix: 1.0% mission · 99.0% management · 0.0% fundraisingTotal expenses: 103.11% of revenue

2017Expense mix: 7.3% mission · 92.7% management · 0.0% fundraisingTotal expenses: 82.67% of revenue

Money in and money out

Revenue$8,171,446

Expenses$7,995,892

Annual surplus $175,554 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$51,092 · 0.6% of expenses

Management and office costs$7,944,800 · 99.4% of expenses

See all reported dollar amounts

Revenue$8,171,446

Expenses$7,995,892

Assets$5,218,474

Income$8,171,446

Mission work (program services)$51,092

Grants given$4,745,614

Average grant$949,123

Management and general$7,944,800

Stocks and bonds$938,365

Accounting fees$31,158

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LYNN OCONNORPRESIDENT/CEO · 15 hrs/week $674,664Base $638,176 · Other $36,488

JAMES SPENCERCFO & CHIEF GROWTH OFFICER · 15 hrs/week $614,084

DOUGLAS MYERSPRESIDENT/CEO · 15 hrs/week $448,855Base $410,497 · Other $38,358

TRACI ALLEYCHIEF HR OFFICER · 15 hrs/week $348,999Base $325,167 · Other $23,832

CHRISTINE PODLESCOO · 15 hrs/week $344,161Base $333,731 · Other $10,430

DUSANKA DELOVSKA-TRAKOVACIO · 15 hrs/week $279,751Base $259,452 · Other $20,299

KRISTIN SHANKSVICE PRESIDENT OF SALES · 15 hrs/week $264,416Base $247,637 · Other $16,779

JENNIFER SARGENTVP HUMAN RESOURCES · 1 hrs/week $210,665Base $178,837 · Other $31,828

CHRISTEN MILSTEADVICE PRESIDENT OF MARKETING · 40 hrs/week $203,626Base $183,188 · Other $20,438

AMANDA MASSETTICONTROLLER · 40 hrs/week $197,449Base $188,633 · Other $8,816

LEEANN STEVENSDIRECTOR · 40 hrs/week $160,940Base $156,059 · Other $4,881

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

LYNN OCONNORPRESIDENT/CEO

JAMES SPENCERCFO & CHIEF GROWTH OFFICER

DOUGLAS MYERSPRESIDENT/CEO

TRACI ALLEYCHIEF HR OFFICER

CHRISTINE PODLESCOO

DUSANKA DELOVSKA-TRAKOVACIO

KRISTIN SHANKSVICE PRESIDENT OF SALES

JENNIFER SARGENTVP HUMAN RESOURCES

CHRISTEN MILSTEADVICE PRESIDENT OF MARKETING

AMANDA MASSETTICONTROLLER

LEEANN STEVENSDIRECTOR

HOWARD GLECKMANDIRECTOR

JAY NEWTON-SMALLDIRECTOR

GREGG JOHNSONDIRECTOR

JENNIFER CHANDLER HAUGESECRETARY

JOHN KREUTZERDIRECTOR

DON BOARDMANDIRECTOR

DALE CLARKDIRECTOR

NANCY KUHNCHAIR

PEGGY CECCHINEDIRECTOR

PHILLIP MAGIDSONDIRECTOR

ROBERT BREMNERDIRECTOR

RUTH KATZDIRECTOR

SALLY COXDIRECTOR

STEVEN WAGNERVICE CHAIR

About this charity

Recognized since: January 2012
Location: 702 KING FARM BLVD, ROCKVILLE, MD 20850-6536
County: Montgomery
In care of: % PAYROLL DEPARTMENT
Primary officer: LYNN OCONNOR, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Phone(301) 407-2030

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Fund Raising & Fund Distribution - Crime & Legal Related (I12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes