Westminster Canterbury Richmond

1600 Westbrook Avenue, Richmond, Virginia 23227

Operator:: Westminster-Canterbury Corporation (sole member: Westminster-Canterbury Management Corporation)
Ownership:: Nonprofit
Affiliation:: Episcopal (Diocese of Virginia) and Presbyterian (Synod of the Mid-Atlantic)
Opened:: Not disclosed in the 2026 filing

Virginia non-stock nonprofit 501(c)(3). Sole member is Westminster-Canterbury Management Corporation, whose members are Virginia Diocesan Homes, Inc. and Westminster Presbyterian Homes, Inc. Seven single-family homes are owned by an affiliate, The Glebe of Richmond (p5-6, p10).

Type A (life care)
Type B (modified)

Figures from the 2026 disclosure statement (fiscal 2025 finances), filed with the Virginia State Corporation Commission, Bureau of Insurance.PDF

At a glance

Entrance fee, one person, every plan

$135,485 to $1,074,558p. 98 p. 89

Monthly fee, independent living

$2,406 to $12,317p. 98 p. 89

Refund plans offered

Standard declining refund (Type A/B)Can decline to nothing
50% guaranteed refund optionNever less than 50% of the fee
70% guaranteed refund optionNever less than 70% of the fee
90% guaranteed refund optionNever less than 90% of the fee
Assisted Living declining refundCan decline to nothing

Days cash on hand

1,310 (FY2025, interim, unaudited)p. 23Lenders' minimum not disclosed.

Read the note on this figure

FY2025 ratios are management-reported for the Obligated Group, which excludes the Foundation and the Development Corporation. FY2025 investment income included $36.8 million of realized gains from a change of investment advisors. The days-cash figure is consistent with Westminster-Canterbury Corporation's own balance sheet: cash $57.4 million plus investments $206.3 million at September 30, 2025 (p151); it does not rely on the Foundation's $94.4 million.

Independent living occupancy

87.9% (2025)p. 20

Nursing care, CMS overall rating

5 of 5CMS data as of 2026-09-01

What care costs later

How each contract prices assisted living and nursing if you need them. The contract type decides most of what a long stay costs.

Type A (life care): Moving to assisted living or nursing leaves your monthly fee essentially unchanged.
Type B (modified): A set number of care days is included, or care is charged at a stated discount.

How the contract types compare

Type A (life care)The filing calls it Type A; we class contracts by how care is priced (our definitions).

Moving to assisted living or the Health Center does not add to the monthly fee. A resident who chooses a deluxe nursing room pays the additional daily rate.p. 12

Assisted living: No additional monthly fee on temporary or permanent transfer
Nursing care: Standard Health Center room covered with no increase in monthly fee; deluxe rooms pay the additional daily rate

Type B (modified)The filing calls it Type B; we class contracts by how care is priced (our definitions).

Lower entrance and monthly fees than Type A, but assisted living and nursing are billed per day at a 10% discount from the current daily rate, plus ancillaries.p. 51

Assisted living: Then-current daily rate minus 10% (2025-26: $350/day Avalon; $328/day Gables/Monticello), plus the monthly fee
Nursing care: Then-current daily rate minus 10% (2025-26: $427/day standard room), plus the monthly fee
Discount on care: 10%

Units on campusp. 10
Independent living	598
Assisted living	65
Memory care	72
Nursing care	158

Entrance fees

One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.

Lifecare Services and Residence Agreement (Type A) · Type A (life care) (75 prices, $159,394 to $1,074,558)

Unit	Sq ft	Refund plan	Price, one person	Second person
Tower - Albemarle Standard (Studio)	380	Standard declining refund (Type A/B)	$159,394p. 88	Not listed
Tower - Albemarle Custom (Studio)	480	Standard declining refund (Type A/B)	$217,575p. 88	Not listed
Tower - Albemarle Deluxe (Studio)	490	Standard declining refund (Type A/B)	$226,029p. 88	Not listed
Tower - Albemarle Luxury (Studio)	520	Standard declining refund (Type A/B)	$235,409p. 88	Not listed
Tower - Front Royal (One Bedroom)	570	Standard declining refund (Type A/B)	$265,535p. 88	$94,135
Tower - Gloucester (One Bedroom)	680	Standard declining refund (Type A/B)	$290,437p. 88	$94,135
Tower - Hampton (One Bedroom)	760	Standard declining refund (Type A/B)	$329,139p. 88	$94,135
Tower - James (Two Bedroom)	810	Standard declining refund (Type A/B)	$335,492p. 88	$94,135
Tower - Sussex (One Bedroom)	870	Standard declining refund (Type A/B)	$377,269p. 88	$94,135
Tower - Richmond (One Bedroom)	900	Standard declining refund (Type A/B)	$387,659p. 88	$94,135
Tower - Westmoreland (One Bedroom)	920	Standard declining refund (Type A/B)	$463,033p. 88	$94,135
Tower - York Standard (Two Bedroom)	950	Standard declining refund (Type A/B)	$406,678p. 88	$94,135
Tower - York Deluxe (Two Bedroom)	1,015	Standard declining refund (Type A/B)	$437,048p. 88	$94,135
Tower - Kent (Master One Bedroom)	1,040	Standard declining refund (Type A/B)	$451,931p. 88	$94,135
Tower - York Deluxe II (Two Bedroom)	1,175	Standard declining refund (Type A/B)	$486,804p. 88	$94,135
Tower - York Deluxe III (Two Bedroom)	1,250	Standard declining refund (Type A/B)	$545,517p. 88	$94,135
Tower - York Luxury (Two Bedroom + Den)	1,330	Standard declining refund (Type A/B)	$566,982p. 88	$94,135
Tower - York Grande (Two Bedroom + Den)	1,510	Standard declining refund (Type A/B)	$631,439p. 88	$94,135
Garden - Ivanhoe (One Bedroom)	925	Standard declining refund (Type A/B)	$476,594p. 88	$94,135
Garden - Guildford (One Bedroom)	930	Standard declining refund (Type A/B)	$476,594p. 88	$94,135
Garden - Hampshire (One Bedroom)	930	Standard declining refund (Type A/B)	$484,617p. 88	$94,135
Garden - Jefferson (One Bedroom)	975	Standard declining refund (Type A/B)	$486,533p. 88	$94,135
Garden - Fairfield (Two Bedroom)	1,255	Standard declining refund (Type A/B)	$541,424p. 88	$94,135
Garden - Essex (Two Bedroom)	1,250	Standard declining refund (Type A/B)	$598,449p. 88	$94,135
Garden - Cornwall (Two Bedroom)	1,435	Standard declining refund (Type A/B)	$632,447p. 88	$94,135
Garden - Chelsea (Two Bedroom)	1,445	Standard declining refund (Type A/B)	$640,524p. 88	$94,135
Garden - Falmouth (Two Bedroom + Den)	1,620	Standard declining refund (Type A/B)	$710,785p. 88	$94,135
Garden - Ascot (Two Bedroom)	1,655	Standard declining refund (Type A/B)	$736,601p. 88	$94,135
Garden - Dover (Two Bedroom + Den)	1,765	Standard declining refund (Type A/B)	$777,857p. 88	$94,135
The Glebe - Homes (Four Bedroom)	2,500	Standard declining refund (Type A/B)	$937,791p. 88	$94,135
Courtyard - Adams (One Bedroom + Balcony)	590	Standard declining refund (Type A/B)	$346,651p. 89	$94,135
Courtyard - Adams II (One Bedroom + Balcony)	655	Standard declining refund (Type A/B)	$396,848p. 89	$94,135
Courtyard - Austen (One Bedroom + Sunroom/Den)	1,075	Standard declining refund (Type A/B)	$518,385p. 89	$94,135
Courtyard - Austen (One Bedroom + Sunroom/Den, Balcony)	1,075	Standard declining refund (Type A/B)	$524,726p. 89	$94,135
Courtyard - Byron (Two Bedroom)	1,360	Standard declining refund (Type A/B)	$603,532p. 89	$94,135
Courtyard - Byron (Two Bedroom, Balcony/Patio)	1,360	Standard declining refund (Type A/B)	$613,496p. 89	$94,135
Courtyard - Chaucer (Two Bedroom + Den)	1,480	Standard declining refund (Type A/B)	$642,362p. 89	$94,135
Courtyard - Chaucer (Two Bedroom + Den, Balcony/Patio)	1,480	Standard declining refund (Type A/B)	$652,341p. 89	$94,135
Courtyard - Dante (Two Bedroom + Den)	1,550	Standard declining refund (Type A/B)	$674,130p. 89	$94,135
Courtyard - Dante (Two Bedroom + Den, Balcony)	1,550	Standard declining refund (Type A/B)	$685,672p. 89	$94,135
Courtyard - Emerson (Two Bedroom + Sunroom/Den, Balcony/Patio)	1,585	Standard declining refund (Type A/B)	$720,300p. 89	$94,135
Courtyard - Faulkner (Two Bedroom + Den)	1,720	Standard declining refund (Type A/B)	$744,156p. 89	$94,135
Courtyard - Faulkner (Two Bedroom + Den, Balcony/Patio)	1,720	Standard declining refund (Type A/B)	$755,705p. 89	$94,135
Courtyard - Grey (Two Bedroom + Den, Balcony/Patio)	1,730	Standard declining refund (Type A/B)	$771,864p. 89	$94,135
Courtyard - Hardy (Two Bedroom + Den, Patio)	2,160	Standard declining refund (Type A/B)	$925,776p. 89	$94,135
Courtyard - Keats (Three Bedroom + Den, Balcony/Patio)	2,900	Standard declining refund (Type A/B)	$1,074,558p. 89	$94,135
Homes on the Green - Kipling (Four Bedroom)	2,665	Standard declining refund (Type A/B)	$903,513p. 89	$94,135
Homes on the Green - Kipling A (Four Bedroom + Den)	2,930	Standard declining refund (Type A/B)	$1,032,469p. 89	$94,135
Homes on the Green - Marlowe (Four Bedroom)	2,745	Standard declining refund (Type A/B)	$954,423p. 89	$94,135
Homes on the Green - Marlowe A (Four Bedroom + Sunroom)	2,900	Standard declining refund (Type A/B)	$1,031,502p. 89	$94,135
Homes on the Green - Shakespeare (Four Bedroom + Den)	2,700	Standard declining refund (Type A/B)	$1,005,328p. 89	$94,135
Homes on the Green - Tennyson (Four Bedroom + Den)	2,815	Standard declining refund (Type A/B)	$1,036,352p. 89	$94,135
Vitality - Jade II (One Bedroom + Den)	930	Standard declining refund (Type A/B)	$481,617p. 90	$101,816
Vitality - Jade (One Bedroom + Den)	1,030	Standard declining refund (Type A/B)	$581,986p. 90	$101,816
Vitality - Jade (One Bedroom, Top Floor + Den)	1,030	Standard declining refund (Type A/B)	$608,684p. 90	$101,816
Vitality - Jasmine (One Bedroom + Den)	1,100	Standard declining refund (Type A/B)	$624,407p. 90	$101,816
Vitality - Jasmine (One Bedroom, Top Floor)	1,100	Standard declining refund (Type A/B)	$653,049p. 90	$101,816
Vitality - Juniper (Two Bedroom)	1,290	Standard declining refund (Type A/B)	$686,746p. 90	$101,816
Vitality - Juniper (Two Bedroom, Top Floor)	1,290	Standard declining refund (Type A/B)	$718,249p. 90	$101,816
Vitality - Lavender (Two Bedroom)	1,400	Standard declining refund (Type A/B)	$730,668p. 90	$101,816
Vitality - Lavender (Two Bedroom, Top Floor)	1,400	Standard declining refund (Type A/B)	$764,184p. 90	$101,816
Vitality - Sage (Two Bedroom + Den)	1,570	Standard declining refund (Type A/B)	$804,054p. 90	$101,816
Vitality - Sage (Two Bedroom, Top Floor)	1,570	Standard declining refund (Type A/B)	$840,940p. 90	$101,816
Vitality - Thyme (Two Bedroom + Den)	1,760	Standard declining refund (Type A/B)	$899,697p. 90	$101,816
Vitality - Thyme (Two Bedroom, Top Floor)	1,760	Standard declining refund (Type A/B)	$940,968p. 90	$101,816
Village - Azalea (One Bedroom + Den)	1,150	Standard declining refund (Type A/B)	$637,846p. 90	$101,816
Village - Boxwood (Two Bedroom)	1,370	Standard declining refund (Type A/B)	$717,058p. 90	$101,816
Village - Boxwood (Two Bedroom, 2nd Floor Terrace)	1,370	Standard declining refund (Type A/B)	$731,392p. 90	$101,816
Village - Camellia (Two Bedroom)	1,490	Standard declining refund (Type A/B)	$768,226p. 90	$101,816
Village - Dogwood (Two Bedroom + Den)	1,570	Standard declining refund (Type A/B)	$811,787p. 90	$101,816
Village - Laurel (Two Bedroom)	1,600	Standard declining refund (Type A/B)	$802,429p. 90	$101,816
Village - Laurel (Two Bedroom, 2nd Floor Terrace)	1,600	Standard declining refund (Type A/B)	$809,595p. 90	$101,816
Village - Magnolia (Two Bedroom + Den)	1,650	Standard declining refund (Type A/B)	$837,863p. 90	$101,816
Village - Magnolia (Two Bedroom, 2nd Floor Terrace + Den)	1,650	Standard declining refund (Type A/B)	$845,030p. 90	$101,816
Village - Rose (Two Bedroom + Den)	1,760	Standard declining refund (Type A/B)	$885,437p. 90	$101,816

Type B Contract · Type B (modified) (75 prices, $135,485 to $913,374)

Unit	Sq ft	Refund plan	Price, one person	Second person
Tower - Albemarle Standard (Studio)	380	Standard declining refund (Type A/B)	$135,485p. 98	Not listed
Tower - Albemarle Custom (Studio)	480	Standard declining refund (Type A/B)	$184,939p. 98	Not listed
Tower - Albemarle Deluxe (Studio)	490	Standard declining refund (Type A/B)	$192,125p. 98	Not listed
Tower - Albemarle Luxury (Studio)	520	Standard declining refund (Type A/B)	$200,098p. 98	Not listed
Tower - Front Royal (One Bedroom)	570	Standard declining refund (Type A/B)	$225,705p. 98	$80,015
Tower - Gloucester (One Bedroom)	680	Standard declining refund (Type A/B)	$246,871p. 98	$80,015
Tower - Hampton (One Bedroom)	760	Standard declining refund (Type A/B)	$279,768p. 98	$80,015
Tower - James (Two Bedroom)	810	Standard declining refund (Type A/B)	$285,168p. 98	$80,015
Tower - Sussex (One Bedroom)	870	Standard declining refund (Type A/B)	$320,679p. 98	$80,015
Tower - Richmond (One Bedroom)	900	Standard declining refund (Type A/B)	$329,510p. 98	$80,015
Tower - Westmoreland (One Bedroom)	920	Standard declining refund (Type A/B)	$393,578p. 98	$80,015
Tower - York Standard (Two Bedroom)	950	Standard declining refund (Type A/B)	$345,676p. 98	$80,015
Tower - York Deluxe (Two Bedroom)	1,015	Standard declining refund (Type A/B)	$371,491p. 98	$80,015
Tower - Kent (Master One Bedroom)	1,040	Standard declining refund (Type A/B)	$384,141p. 98	$80,015
Tower - York Deluxe II (Two Bedroom)	1,175	Standard declining refund (Type A/B)	$413,783p. 98	$80,015
Tower - York Deluxe III (Two Bedroom)	1,250	Standard declining refund (Type A/B)	$463,689p. 98	$80,015
Tower - York Luxury (Two Bedroom + Den)	1,330	Standard declining refund (Type A/B)	$481,935p. 98	$80,015
Tower - York Grande (Two Bedroom + Den)	1,510	Standard declining refund (Type A/B)	$536,723p. 98	$80,015
Garden - Ivanhoe (One Bedroom)	925	Standard declining refund (Type A/B)	$405,105p. 98	$80,015
Garden - Guildford (One Bedroom)	930	Standard declining refund (Type A/B)	$405,105p. 98	$80,015
Garden - Hampshire (One Bedroom)	930	Standard declining refund (Type A/B)	$411,924p. 98	$80,015
Garden - Jefferson (One Bedroom)	975	Standard declining refund (Type A/B)	$413,553p. 98	$80,015
Garden - Fairfield (Two Bedroom)	1,255	Standard declining refund (Type A/B)	$460,210p. 98	$80,015
Garden - Essex (Two Bedroom)	1,250	Standard declining refund (Type A/B)	$508,682p. 98	$80,015
Garden - Cornwall (Two Bedroom)	1,435	Standard declining refund (Type A/B)	$537,580p. 98	$80,015
Garden - Chelsea (Two Bedroom)	1,445	Standard declining refund (Type A/B)	$544,445p. 98	$80,015
Garden - Falmouth (Two Bedroom + Den)	1,620	Standard declining refund (Type A/B)	$604,167p. 98	$80,015
Garden - Ascot (Two Bedroom)	1,655	Standard declining refund (Type A/B)	$626,111p. 98	$80,015
Garden - Dover (Two Bedroom + Den)	1,765	Standard declining refund (Type A/B)	$661,178p. 98	$80,015
The Glebe - Homes (Four Bedroom)	2,500	Standard declining refund (Type A/B)	$797,122p. 98	$80,015
Courtyard - Adams (One Bedroom + Balcony)	590	Standard declining refund (Type A/B)	$294,653p. 99	$80,015
Courtyard - Adams II (One Bedroom + Balcony)	655	Standard declining refund (Type A/B)	$337,321p. 99	$80,015
Courtyard - Austen (One Bedroom + Sunroom/Den)	1,075	Standard declining refund (Type A/B)	$440,627p. 99	$80,015
Courtyard - Austen (One Bedroom + Sunroom/Den, Balcony)	1,075	Standard declining refund (Type A/B)	$446,017p. 99	$80,015
Courtyard - Byron (Two Bedroom)	1,360	Standard declining refund (Type A/B)	$513,002p. 99	$80,015
Courtyard - Byron (Two Bedroom, Balcony/Patio)	1,360	Standard declining refund (Type A/B)	$521,472p. 99	$80,015
Courtyard - Chaucer (Two Bedroom + Den)	1,480	Standard declining refund (Type A/B)	$546,008p. 99	$80,015
Courtyard - Chaucer (Two Bedroom + Den, Balcony/Patio)	1,480	Standard declining refund (Type A/B)	$554,490p. 99	$80,015
Courtyard - Dante (Two Bedroom + Den)	1,550	Standard declining refund (Type A/B)	$573,011p. 99	$80,015
Courtyard - Dante (Two Bedroom + Den, Balcony)	1,550	Standard declining refund (Type A/B)	$582,821p. 99	$80,015
Courtyard - Emerson (Two Bedroom + Sunroom/Den, Balcony/Patio)	1,585	Standard declining refund (Type A/B)	$612,255p. 99	$80,015
Courtyard - Faulkner (Two Bedroom + Den)	1,720	Standard declining refund (Type A/B)	$632,533p. 99	$80,015
Courtyard - Faulkner (Two Bedroom + Den, Balcony/Patio)	1,720	Standard declining refund (Type A/B)	$642,349p. 99	$80,015
Courtyard - Grey (Two Bedroom + Den, Balcony/Patio)	1,730	Standard declining refund (Type A/B)	$656,084p. 99	$80,015
Courtyard - Hardy (Two Bedroom + Den, Patio)	2,160	Standard declining refund (Type A/B)	$786,910p. 99	$80,015
Courtyard - Keats (Three Bedroom + Den, Balcony/Patio)	2,900	Standard declining refund (Type A/B)	$913,374p. 99	$80,015
Homes on the Green - Kipling (Four Bedroom)	2,665	Standard declining refund (Type A/B)	$767,986p. 99	$80,015
Homes on the Green - Kipling A (Four Bedroom + Den)	2,930	Standard declining refund (Type A/B)	$877,599p. 99	$80,015
Homes on the Green - Marlowe (Four Bedroom)	2,745	Standard declining refund (Type A/B)	$811,260p. 99	$80,015
Homes on the Green - Marlowe A (Four Bedroom + Sunroom)	2,900	Standard declining refund (Type A/B)	$876,777p. 99	$80,015
Homes on the Green - Shakespeare (Four Bedroom + Den)	2,700	Standard declining refund (Type A/B)	$854,529p. 99	$80,015
Homes on the Green - Tennyson (Four Bedroom + Den)	2,815	Standard declining refund (Type A/B)	$880,899p. 99	$80,015
Vitality - Jade II (One Bedroom + Den)	930	Standard declining refund (Type A/B)	$409,374p. 100	$80,015
Vitality - Jade (One Bedroom + Den)	1,030	Standard declining refund (Type A/B)	$494,688p. 100	$80,015
Vitality - Jade (One Bedroom, Top Floor + Den)	1,030	Standard declining refund (Type A/B)	$517,381p. 100	$80,015
Vitality - Jasmine (One Bedroom + Den)	1,100	Standard declining refund (Type A/B)	$530,746p. 100	$80,015
Vitality - Jasmine (One Bedroom, Top Floor)	1,100	Standard declining refund (Type A/B)	$555,092p. 100	$80,015
Vitality - Juniper (Two Bedroom)	1,290	Standard declining refund (Type A/B)	$583,734p. 100	$80,015
Vitality - Juniper (Two Bedroom, Top Floor)	1,290	Standard declining refund (Type A/B)	$610,512p. 100	$80,015
Vitality - Lavender (Two Bedroom)	1,400	Standard declining refund (Type A/B)	$621,068p. 100	$80,015
Vitality - Lavender (Two Bedroom, Top Floor)	1,400	Standard declining refund (Type A/B)	$649,556p. 100	$80,015
Vitality - Sage (Two Bedroom + Den)	1,570	Standard declining refund (Type A/B)	$683,446p. 100	$80,015
Vitality - Sage (Two Bedroom, Top Floor)	1,570	Standard declining refund (Type A/B)	$714,799p. 100	$80,015
Vitality - Thyme (Two Bedroom + Den)	1,760	Standard declining refund (Type A/B)	$764,742p. 100	$80,015
Vitality - Thyme (Two Bedroom, Top Floor)	1,760	Standard declining refund (Type A/B)	$799,823p. 100	$80,015
Village - Azalea (One Bedroom + Den)	1,150	Standard declining refund (Type A/B)	$542,169p. 100	$80,015
Village - Boxwood (Two Bedroom)	1,370	Standard declining refund (Type A/B)	$609,499p. 100	$80,015
Village - Boxwood (Two Bedroom, 2nd Floor Terrace)	1,370	Standard declining refund (Type A/B)	$621,683p. 100	$80,015
Village - Camellia (Two Bedroom)	1,490	Standard declining refund (Type A/B)	$652,992p. 100	$80,015
Village - Dogwood (Two Bedroom + Den)	1,570	Standard declining refund (Type A/B)	$690,019p. 100	$80,015
Village - Laurel (Two Bedroom)	1,600	Standard declining refund (Type A/B)	$682,065p. 100	$80,015
Village - Laurel (Two Bedroom, 2nd Floor Terrace)	1,600	Standard declining refund (Type A/B)	$688,156p. 100	$80,015
Village - Magnolia (Two Bedroom + Den)	1,650	Standard declining refund (Type A/B)	$712,184p. 100	$80,015
Village - Magnolia (Two Bedroom, 2nd Floor Terrace + Den)	1,650	Standard declining refund (Type A/B)	$718,276p. 100	$80,015
Village - Rose (Two Bedroom + Den)	1,760	Standard declining refund (Type A/B)	$752,621p. 100	$80,015

Assisted Living Contract · Type A (life care) (3 prices, $337,016 to $454,725)

Unit	Sq ft	Refund plan	Price, one person	Second person
Avalon Assisted Living - One Bedroom	518	Assisted Living declining refund	$410,079p. 92	Not listed
Avalon Assisted Living - Two Bedroom	800	Assisted Living declining refund	$454,725p. 92	$233,522
The Gables & Monticello Memory Support - Studio	360	Assisted Living declining refund	$337,016p. 94	Not listed

Monthly fees

What residents pay each month, by contract and level of care. A second person adds the amount shown.

Lifecare Services and Residence Agreement (Type A) · Type A (life care) (75 prices, $3,007 to $12,317)

Unit	Level of care	Per month, one person	Second person
Tower - Albemarle Standard (Studio)	Independent living	$3,007p. 88	Not listed
Tower - Albemarle Custom (Studio)	Independent living	$3,350p. 88	Not listed
Tower - Albemarle Deluxe (Studio)	Independent living	$3,400p. 88	Not listed
Tower - Albemarle Luxury (Studio)	Independent living	$3,488p. 88	Not listed
Tower - Front Royal (One Bedroom)	Independent living	$3,710p. 88	$2,418
Tower - Gloucester (One Bedroom)	Independent living	$3,799p. 88	$2,418
Tower - Hampton (One Bedroom)	Independent living	$4,107p. 88	$2,418
Tower - James (Two Bedroom)	Independent living	$4,250p. 88	$2,418
Tower - Sussex (One Bedroom)	Independent living	$4,320p. 88	$2,418
Tower - Richmond (One Bedroom)	Independent living	$4,364p. 88	$2,418
Tower - Westmoreland (One Bedroom)	Independent living	$4,968p. 88	$2,418
Tower - York Standard (Two Bedroom)	Independent living	$4,605p. 88	$2,418
Tower - York Deluxe (Two Bedroom)	Independent living	$4,775p. 88	$2,418
Tower - Kent (Master One Bedroom)	Independent living	$4,829p. 88	$2,418
Tower - York Deluxe II (Two Bedroom)	Independent living	$4,926p. 88	$2,418
Tower - York Deluxe III (Two Bedroom)	Independent living	$5,169p. 88	$2,418
Tower - York Luxury (Two Bedroom + Den)	Independent living	$5,596p. 88	$2,418
Tower - York Grande (Two Bedroom + Den)	Independent living	$6,289p. 88	$2,418
Garden - Ivanhoe (One Bedroom)	Independent living	$4,540p. 88	$2,418
Garden - Guildford (One Bedroom)	Independent living	$4,552p. 88	$2,418
Garden - Hampshire (One Bedroom)	Independent living	$4,996p. 88	$2,418
Garden - Jefferson (One Bedroom)	Independent living	$4,672p. 88	$2,418
Garden - Fairfield (Two Bedroom)	Independent living	$5,379p. 88	$2,418
Garden - Essex (Two Bedroom)	Independent living	$5,663p. 88	$2,418
Garden - Cornwall (Two Bedroom)	Independent living	$5,873p. 88	$2,418
Garden - Chelsea (Two Bedroom)	Independent living	$5,904p. 88	$2,418
Garden - Falmouth (Two Bedroom + Den)	Independent living	$6,544p. 88	$2,418
Garden - Ascot (Two Bedroom)	Independent living	$6,474p. 88	$2,418
Garden - Dover (Two Bedroom + Den)	Independent living	$6,776p. 88	$2,418
The Glebe - Homes (Four Bedroom)	Independent living	$7,852p. 88	$2,418
Courtyard - Adams (One Bedroom + Balcony)	Independent living	$3,805p. 89	$2,418
Courtyard - Adams II (One Bedroom + Balcony)	Independent living	$4,479p. 89	$2,418
Courtyard - Austen (One Bedroom + Sunroom/Den)	Independent living	$4,917p. 89	$2,418
Courtyard - Austen (One Bedroom + Sunroom/Den, Balcony)	Independent living	$4,917p. 89	$2,418
Courtyard - Byron (Two Bedroom)	Independent living	$6,354p. 89	$2,418
Courtyard - Byron (Two Bedroom, Balcony/Patio)	Independent living	$6,354p. 89	$2,418
Courtyard - Chaucer (Two Bedroom + Den)	Independent living	$6,836p. 89	$2,418
Courtyard - Chaucer (Two Bedroom + Den, Balcony/Patio)	Independent living	$6,836p. 89	$2,418
Courtyard - Dante (Two Bedroom + Den)	Independent living	$7,103p. 89	$2,418
Courtyard - Dante (Two Bedroom + Den, Balcony)	Independent living	$7,103p. 89	$2,418
Courtyard - Emerson (Two Bedroom + Sunroom/Den, Balcony/Patio)	Independent living	$7,204p. 89	$2,418
Courtyard - Faulkner (Two Bedroom + Den)	Independent living	$7,737p. 89	$2,418
Courtyard - Faulkner (Two Bedroom + Den, Balcony/Patio)	Independent living	$7,737p. 89	$2,418
Courtyard - Grey (Two Bedroom + Den, Balcony/Patio)	Independent living	$7,737p. 89	$2,418
Courtyard - Hardy (Two Bedroom + Den, Patio)	Independent living	$9,176p. 89	$2,418
Courtyard - Keats (Three Bedroom + Den, Balcony/Patio)	Independent living	$12,317p. 89	$2,418
Homes on the Green - Kipling (Four Bedroom)	Independent living	$8,164p. 89	$2,418
Homes on the Green - Kipling A (Four Bedroom + Den)	Independent living	$8,590p. 89	$2,418
Homes on the Green - Marlowe (Four Bedroom)	Independent living	$8,378p. 89	$2,418
Homes on the Green - Marlowe A (Four Bedroom + Sunroom)	Independent living	$8,590p. 89	$2,418
Homes on the Green - Shakespeare (Four Bedroom + Den)	Independent living	$8,486p. 89	$2,418
Homes on the Green - Tennyson (Four Bedroom + Den)	Independent living	$8,590p. 89	$2,418
Vitality - Jade II (One Bedroom + Den)	Independent living	$4,756p. 90	$2,429
Vitality - Jade (One Bedroom + Den)	Independent living	$5,093p. 90	$2,429
Vitality - Jade (One Bedroom, Top Floor + Den)	Independent living	$5,191p. 90	$2,429
Vitality - Jasmine (One Bedroom + Den)	Independent living	$5,393p. 90	$2,429
Vitality - Jasmine (One Bedroom, Top Floor)	Independent living	$5,569p. 90	$2,429
Vitality - Juniper (Two Bedroom)	Independent living	$6,214p. 90	$2,429
Vitality - Juniper (Two Bedroom, Top Floor)	Independent living	$6,418p. 90	$2,429
Vitality - Lavender (Two Bedroom)	Independent living	$6,694p. 90	$2,429
Vitality - Lavender (Two Bedroom, Top Floor)	Independent living	$6,860p. 90	$2,429
Vitality - Sage (Two Bedroom + Den)	Independent living	$7,461p. 90	$2,429
Vitality - Sage (Two Bedroom, Top Floor)	Independent living	$7,608p. 90	$2,429
Vitality - Thyme (Two Bedroom + Den)	Independent living	$8,173p. 90	$2,429
Vitality - Thyme (Two Bedroom, Top Floor)	Independent living	$8,330p. 90	$2,429
Village - Azalea (One Bedroom + Den)	Independent living	$5,697p. 90	$2,429
Village - Boxwood (Two Bedroom)	Independent living	$6,733p. 90	$2,429
Village - Boxwood (Two Bedroom, 2nd Floor Terrace)	Independent living	$6,733p. 90	$2,429
Village - Camellia (Two Bedroom)	Independent living	$7,224p. 90	$2,429
Village - Dogwood (Two Bedroom + Den)	Independent living	$7,628p. 90	$2,429
Village - Laurel (Two Bedroom)	Independent living	$7,525p. 90	$2,429
Village - Laurel (Two Bedroom, 2nd Floor Terrace)	Independent living	$7,525p. 90	$2,429
Village - Magnolia (Two Bedroom + Den)	Independent living	$7,869p. 90	$2,429
Village - Magnolia (Two Bedroom, 2nd Floor Terrace + Den)	Independent living	$7,869p. 90	$2,429
Village - Rose (Two Bedroom + Den)	Independent living	$8,303p. 90	$2,429

Type B Contract · Type B (modified) (78 prices, $2,406 to $15,960)

Unit	Level of care	Per month, one person	Second person
Tower - Albemarle Standard (Studio)	Independent living	$2,406p. 98	Not listed
Tower - Albemarle Custom (Studio)	Independent living	$2,680p. 98	Not listed
Tower - Albemarle Deluxe (Studio)	Independent living	$2,720p. 98	Not listed
Tower - Albemarle Luxury (Studio)	Independent living	$2,790p. 98	Not listed
Tower - Front Royal (One Bedroom)	Independent living	$2,968p. 98	$1,934
Tower - Gloucester (One Bedroom)	Independent living	$3,039p. 98	$1,934
Tower - Hampton (One Bedroom)	Independent living	$3,286p. 98	$1,934
Tower - James (Two Bedroom)	Independent living	$3,400p. 98	$1,934
Tower - Sussex (One Bedroom)	Independent living	$3,456p. 98	$1,934
Tower - Richmond (One Bedroom)	Independent living	$3,491p. 98	$1,934
Tower - Westmoreland (One Bedroom)	Independent living	$3,974p. 98	$1,934
Tower - York Standard (Two Bedroom)	Independent living	$3,684p. 98	$1,934
Tower - York Deluxe (Two Bedroom)	Independent living	$3,820p. 98	$1,934
Tower - Kent (Master One Bedroom)	Independent living	$3,863p. 98	$1,934
Tower - York Deluxe II (Two Bedroom)	Independent living	$3,941p. 98	$1,934
Tower - York Deluxe III (Two Bedroom)	Independent living	$4,135p. 98	$1,934
Tower - York Luxury (Two Bedroom + Den)	Independent living	$4,477p. 98	$1,934
Tower - York Grande (Two Bedroom + Den)	Independent living	$5,031p. 98	$1,934
Garden - Ivanhoe (One Bedroom)	Independent living	$3,632p. 98	$1,934
Garden - Guildford (One Bedroom)	Independent living	$3,642p. 98	$1,934
Garden - Hampshire (One Bedroom)	Independent living	$3,997p. 98	$1,934
Garden - Jefferson (One Bedroom)	Independent living	$3,738p. 98	$1,934
Garden - Fairfield (Two Bedroom)	Independent living	$4,303p. 98	$1,934
Garden - Essex (Two Bedroom)	Independent living	$4,530p. 98	$1,934
Garden - Cornwall (Two Bedroom)	Independent living	$4,698p. 98	$1,934
Garden - Chelsea (Two Bedroom)	Independent living	$4,723p. 98	$1,934
Garden - Falmouth (Two Bedroom + Den)	Independent living	$5,235p. 98	$1,934
Garden - Ascot (Two Bedroom)	Independent living	$5,179p. 98	$1,934
Garden - Dover (Two Bedroom + Den)	Independent living	$5,421p. 98	$1,934
The Glebe - Homes (Four Bedroom)	Independent living	$6,282p. 98	$1,934
Courtyard - Adams (One Bedroom + Balcony)	Independent living	$3,044p. 99	$1,934
Courtyard - Adams II (One Bedroom + Balcony)	Independent living	$3,583p. 99	$1,934
Courtyard - Austen (One Bedroom + Sunroom/Den)	Independent living	$3,934p. 99	$1,934
Courtyard - Austen (One Bedroom + Sunroom/Den, Balcony)	Independent living	$3,934p. 99	$1,934
Courtyard - Byron (Two Bedroom)	Independent living	$5,083p. 99	$1,934
Courtyard - Byron (Two Bedroom, Balcony/Patio)	Independent living	$5,083p. 99	$1,934
Courtyard - Chaucer (Two Bedroom + Den)	Independent living	$5,469p. 99	$1,934
Courtyard - Chaucer (Two Bedroom + Den, Balcony/Patio)	Independent living	$5,469p. 99	$1,934
Courtyard - Dante (Two Bedroom + Den)	Independent living	$5,682p. 99	$1,934
Courtyard - Dante (Two Bedroom + Den, Balcony)	Independent living	$5,682p. 99	$1,934
Courtyard - Emerson (Two Bedroom + Sunroom/Den, Balcony/Patio)	Independent living	$5,763p. 99	$1,934
Courtyard - Faulkner (Two Bedroom + Den)	Independent living	$6,190p. 99	$1,934
Courtyard - Faulkner (Two Bedroom + Den, Balcony/Patio)	Independent living	$6,190p. 99	$1,934
Courtyard - Grey (Two Bedroom + Den, Balcony/Patio)	Independent living	$6,190p. 99	$1,934
Courtyard - Hardy (Two Bedroom + Den, Patio)	Independent living	$7,341p. 99	$1,934
Courtyard - Keats (Three Bedroom + Den, Balcony/Patio)	Independent living	$9,854p. 99	$1,934
Homes on the Green - Kipling (Four Bedroom)	Independent living	$6,531p. 99	$1,934
Homes on the Green - Kipling A (Four Bedroom + Den)	Independent living	$6,872p. 99	$1,934
Homes on the Green - Marlowe (Four Bedroom)	Independent living	$6,702p. 99	$1,934
Homes on the Green - Marlowe A (Four Bedroom + Sunroom)	Independent living	$6,872p. 99	$1,934
Homes on the Green - Shakespeare (Four Bedroom + Den)	Independent living	$6,789p. 99	$1,934
Homes on the Green - Tennyson (Four Bedroom + Den)	Independent living	$6,872p. 99	$1,934
Vitality - Jade II (One Bedroom + Den)	Independent living	$3,805p. 100	$1,934
Vitality - Jade (One Bedroom + Den)	Independent living	$4,074p. 100	$1,934
Vitality - Jade (One Bedroom, Top Floor + Den)	Independent living	$4,153p. 100	$1,934
Vitality - Jasmine (One Bedroom + Den)	Independent living	$4,314p. 100	$1,934
Vitality - Jasmine (One Bedroom, Top Floor)	Independent living	$4,455p. 100	$1,934
Vitality - Juniper (Two Bedroom)	Independent living	$4,971p. 100	$1,934
Vitality - Juniper (Two Bedroom, Top Floor)	Independent living	$5,134p. 100	$1,934
Vitality - Lavender (Two Bedroom)	Independent living	$5,355p. 100	$1,934
Vitality - Lavender (Two Bedroom, Top Floor)	Independent living	$5,488p. 100	$1,934
Vitality - Sage (Two Bedroom + Den)	Independent living	$5,969p. 100	$1,934
Vitality - Sage (Two Bedroom, Top Floor)	Independent living	$6,086p. 100	$1,934
Vitality - Thyme (Two Bedroom + Den)	Independent living	$6,538p. 100	$1,934
Vitality - Thyme (Two Bedroom, Top Floor)	Independent living	$6,664p. 100	$1,934
Village - Azalea (One Bedroom + Den)	Independent living	$4,558p. 100	$1,934
Village - Boxwood (Two Bedroom)	Independent living	$5,386p. 100	$1,934
Village - Boxwood (Two Bedroom, 2nd Floor Terrace)	Independent living	$5,386p. 100	$1,934
Village - Camellia (Two Bedroom)	Independent living	$5,779p. 100	$1,934
Village - Dogwood (Two Bedroom + Den)	Independent living	$6,102p. 100	$1,934
Village - Laurel (Two Bedroom)	Independent living	$6,020p. 100	$1,934
Village - Laurel (Two Bedroom, 2nd Floor Terrace)	Independent living	$6,020p. 100	$1,934
Village - Magnolia (Two Bedroom + Den)	Independent living	$6,295p. 100	$1,934
Village - Magnolia (Two Bedroom, 2nd Floor Terrace + Den)	Independent living	$6,295p. 100	$1,934
Village - Rose (Two Bedroom + Den)	Independent living	$6,642p. 100	$1,934
Type B per diem - Avalon One Bedroom	Assisted living	$10,640p. 101	Not listed
Type B per diem - The Gables / Monticello	Memory care	$9,971p. 101	Not listed
Type B per diem - Health Center room and board (standard / deluxe)	Nursing care	$12,981 to $15,960p. 101	Not listed

Assisted Living Contract · Type A (life care) (3 prices, $7,315 to $7,834)

Unit	Level of care	Per month, one person	Second person
Avalon Assisted Living - One Bedroom	Assisted living	$7,315p. 92	Not listed
Avalon Assisted Living - Two Bedroom	Assisted living	$7,834p. 92	$2,637
The Gables & Monticello - Studio	Memory care	$7,802p. 94	Not listed

Fee increases, year by year

Independent living, yearly increase. Figures in the table.

Year	Level of care	Unit	Increase	Monthly fee, before and after
2025	Independent living	All units	5.52%	Percent onlyp. 14
2024	Independent living	All units	9.39%	Percent onlyp. 14
2023	Independent living	All units	3.69%	Percent onlyp. 14
2022	Independent living	All units	5.08%	Percent onlyp. 14
2021	Independent living	All units	2.81%	Percent onlyp. 14

Refunds

What comes back from the entrance fee when you leave or die, and when it is paid.

Standard declining refund (Type A/B)p. 13

A 10% administrative fee is kept, and the refund then falls 2% for each month of residence. Nothing is refunded once the contract is more than 50 months old. The community may hold the refund until a new resident is admitted to the unit and pays.

Kept on move-in: 10% of the fee
Declines by: 2% a month for 50 months
Never less than: Nothing: it can decline to zero
Longest wait: No limit stated
Paid: When your unit is re-occupied and the new resident has paid

50% guaranteed refund optionp. 13

In the first 25 months the refund is the entrance fee less a 10% administrative fee and 2% per month; after that, 50% is guaranteed. It requires a larger entrance fee (not priced in this disclosure) and is open only to applicants aged 85 or younger.

Kept on move-in: 10% of the fee
Declines by: 2% a month for 25 months
Never less than: 50% of the fee
Longest wait: No limit stated
Paid: When your unit is re-occupied and the new resident has paid

70% guaranteed refund optionp. 13

In the first 15 months the refund is the entrance fee less a 10% administrative fee and 2% per month; after that, 70% is guaranteed. It requires a larger entrance fee (not priced here) and is open only to applicants aged 85 or younger.

Kept on move-in: 10% of the fee
Declines by: 2% a month for 15 months
Never less than: 70% of the fee
Longest wait: No limit stated
Paid: When your unit is re-occupied and the new resident has paid

90% guaranteed refund optionp. 13

The refund falls 2% a month for the first five months, and 90% is guaranteed after that. It requires a larger entrance fee (not priced here) and is open only to applicants aged 85 or younger.

Kept on move-in: 0% of the fee
Declines by: 2% a month for 5 months
Never less than: 90% of the fee
Longest wait: No limit stated
Paid: When your unit is re-occupied and the new resident has paid

Assisted Living declining refundp. 13

Assisted living and memory support entrance fees keep a 10% administrative fee, then fall 4% for each month of residence. Nothing is refunded after 25 months.

Kept on move-in: 10% of the fee
Declines by: 4% a month for 25 months
Never less than: Nothing: it can decline to zero
Longest wait: No limit stated
Paid: When your unit is re-occupied and the new resident has paid

Refund calculator

Refund planEntrance fee paid ($)Years until moving out or death

Estimated refund: $0 (0% of the fee)

When it is paid: when your unit is re-occupied and the new resident has paid. This applies the plan terms as recorded from the filing, counting a part month as a whole one. The signed contract governs, and charges you owe or care paid for from the fee can be deducted first.

How entrance-fee refunds work, and why the payment date matters

Finances

Whether the organisation behind the community has the cash and income to keep its promises for decades.

Balance sheet: Westminster-Canterbury Corporation (column of the Westminster-Canterbury Management Corporation consolidating balance sheet).
Ratios: Obligated Group.
Ratios are interim figures, unaudited.

Days cash on hand

1,310 days FY2025p. 23

Its lenders’ minimum: Not disclosed in the 2026 filing
Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs

Debt service coverage

7.48x FY2025p. 23

Its lenders’ minimum: 1.20xp. 23
Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs

Read with these figuresFY2025 ratios are management-reported for the Obligated Group, which excludes the Foundation and the Development Corporation. FY2025 investment income included $36.8 million of realized gains from a change of investment advisors. The days-cash figure is consistent with Westminster-Canterbury Corporation's own balance sheet: cash $57.4 million plus investments $206.3 million at September 30, 2025 (p151); it does not rely on the Foundation's $94.4 million.

How to read these figures: what each one measures and why a lender’s minimum is a floor, not a target.

Balance sheet and trend

Fiscal year	FY2025p. 151	FY2024p. 23
Days cash on hand	1310 days	Not disclosed
Debt service coverage	7.48x	Not disclosed
Total assets	$637.8 million	$592.3 million
Total liabilities	$435.2 million	$420.6 million
Long-term debt	$206.2 million	Not disclosed
Entrance fees not yet earned (deferred revenue)	$200.9 million	Not disclosed
Refunds owed to residents (refundable fee liability)	$282,146	Not disclosed
Net position (assets minus liabilities)	$202.5 million	$171.7 million

Auditor: CliftonLarsonAllen LLP. Opinion: Unmodified (clean) opinionp. 151

Occupancy

Level of care	2025p. 20	2024p. 23
Independent living	87.9%	89.8%
Assisted living	91.3%	90.3%
Memory care	Not disclosed	Not disclosed
Nursing care	88.8%	92.5%

Events the filing reports

Dated facts the disclosure statement states, such as bond issues, missed covenants or changes of ownership.

2026-03Credit rating The disclosure states: 'Westminster Canterbury was affirmed an A-/Positive rating in March 2026 by Fitch.' (date as printed; see notes)p. 23
2024 Completed the Vibrancy! expansion in fall 2024, adding 42 Vitality and 76 Village independent living apartments. The disclosure describes it as a $200 million project, 100% complete at the end of September 2025.p. 11

Nursing care on campus

From CMS Care Compare, data as of 2026-09-01. These are the federal government’s ratings of the nursing center, not ours.

Overall: 5 of 5
Health inspections: 4 of 5
Staffing: 5 of 5
Quality measures: 4 of 5

Fines recorded by CMS: 0. Health citations since 2023-10-16: 6. WESTMINSTER-CANTERBURY OF RICHMOND on Care Compare

CARF-accredited since 1987. Check on CARF’s site

In brief

Westminster Canterbury Richmond is a nonprofit community on about 60 acres at 1600 Westbrook Avenue, with 598 independent living residences, 65 assisted living apartments, 72 memory support apartments and a 158-bed health center. It offers a Type A life-care contract (entrance fees $159,394 to $1,074,558) and a lower-priced Type B contract that bills later care at the daily rate less 10%, each with declining or 50%/70%/90% refund options. For FY2025 it reported 1,310 days cash on hand and 7.48x debt service coverage for its obligated group, against a 1.20x bond requirement.PDF

Nearest communities in Virginia

Masonic Home of Virginia
Richmond · 6 miles away
Entrance fee: $36,000 to $279,900
Covenant Woods
Mechanicsville · 7 miles away
Entrance fee: $233,200 to $1,381,311
Cedarfield
Richmond · 7 miles away
Entrance fee: $183,600 to $908,300

Sources

Westminster Canterbury Richmond — 2026 Disclosure StatementVirginia State Corporation Commission, Bureau of Insurance · filed 2026, fiscal 2025 finances · 164 pages · retrieved 2026-10-15

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