Home › Compare
Kendal at Lexington and Westminster Canterbury of Lynchburg compared
Two Virginia communities about 27 miles apart, compared from their own disclosure statements. Tinted rows are where they differ; each page tab opens the filing at the figure.
| Figure | Kendal at Lexington | Westminster Canterbury of Lynchburg |
|---|---|---|
| Location | Lexington, VA | Lynchburg, VA |
| Filing used | 2025 statement, fiscal 2024 financesPDF | 2026 statement, fiscal 2025 financesPDF |
| Contract types | Type A (life care), Type B (modified) | Type A (life care), Type B (modified) |
| Entrance fee, one person | $197,900 to $1,578,710p. 18p. 20 | $61,376 to $560,727p. 31p. 26 |
| Monthly fee, independent living | $4,061 to $6,146p. 18 | $1,200 to $6,484p. 31p. 26 |
| Refund plans | 2% Declining Refund Plan; 50% Refund Plan; 90% Refund Planp. 51p. 52 | Traditional Plan; Guaranteed 50% Plan; Guaranteed 90% Planp. 52p. 53 |
| Highest guaranteed refund | 90% of the feep. 51p. 52 | 90% of the feep. 52p. 53 |
| When a refund is paid | When your unit is re-occupied and the new resident has paidp. 51p. 52 | When your unit is re-occupied and the new resident has paidp. 52p. 53 |
| Days cash on hand | 1047 days (FY2024)p. 111 | 554 days (FY2025, interim)p. 162 |
| Its lenders' minimum | At least 120 daysp. 23 | At least 120 daysp. 162 |
| Debt service coverage | Not disclosed in the 2025 filing | 2.57x (FY2025, interim)p. 162 |
| Independent living occupancy | 94.2% (2024)p. 171 | 97.33% (2025)p. 162 |
| Net position | $23.8 million (FY2024)p. 111 | $39.1 million (FY2025)p. 132 |
| Whose finances | Lexington Retirement Community, Inc.p. 111 | Westminster Canterbury of Lynchburg, Inc. (consolidated); ratios for Westminster Canterbury of Lynchburg, Inc.p. 132 |
| Audit opinion | Unmodified (clean) opinion, CliftonLarsonAllen LLPp. 111 | Unmodified (clean) opinion, CliftonLarsonAllen LLPp. 132 |
| Nursing care, CMS rating | 4 of 5 (CMS overall) | 5 of 5 (CMS overall) |
What care costs later, in each contract
Kendal at Lexington
Type A (life care): The extensive (Lifecare) contract covers unlimited assisted living and nursing care for the resident's monthly fee, plus a charge for the two extra daily meals.p. 15
Type B (modified): The modified contract includes unlimited assisted living and 60 lifetime days of nursing care, then the per diem rate. It costs $35,000 less per person in entry fee and $230 less per person monthly than the extensive contract (declining-refund option), or $47,250 / $66,500 less per person with the 50% / 90% refund options.p. 15
Westminster Canterbury of Lynchburg
Type A (life care): Unlimited assisted living, memory support and nursing care while paying the Monthly Services Fee of your residence plus two extra meals a day; the agreement also mentions an unspecified health care charge in memory support and nursing and an extra fee for an assisted living suite.p. 42
Type B (modified): Assisted living at the per diem rate less 5% and nursing care at the per diem rate less 15%; no care days are included. The document calls this Type C; it is mapped to B because care is billed at a stated discount.p. 10