Overview
What is Wesley At Paris Inc?
Wesley At Paris Inc, established in February 2001, is a Tennessee-based nonprofit corporation adhering to the state's not-for-profit statutes. Its primary mission is to manage a 19-unit community named Wesley Pine Meadow in Paris, Tennessee. This community catering to elderly individuals with very low and extremely low income, provides housing and essential services in line with Section 202 of the National Housing Act, as amended. The organization's purpose is to enhance the quality of life for its residents, ensuring they have a safe and supportive living environment.
Official website here: www.wesleyliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Wesley At Paris Inc has received an overall score of 82%, indicating a solid performance in accountability and finance. The rating reflects a robust commitment to governance, with 100% of its board members being independent, which enhances transparency and trust. The charity also demonstrates strong financial practices, evidenced by a high program expense ratio of 83.40%.
The organization has established comprehensive policies, including those for conflicts of interest and whistleblower protections, contributing to its high rating in accountability. Additionally, it maintains clear documentation practices, as indicated by the availability of board meeting minutes and policies for document retention. These factors highlight Wesley At Paris Inc's dedication to responsible and ethical operations.
However, the charity faces a notable concern regarding its liabilities to assets ratio, which stands at 185.72%. This suggests a potential risk in financial stability, as liabilities exceed assets significantly. While the organization excels in various governance aspects, this financial metric warrants attention and could affect its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley At Paris Inc legitimate?
Wesley At Paris Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley At Paris Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,455
For more financial information, click here
Official website here: www.wesleyliving.com
What is the mission statement of Wesley At Paris Inc?
Wesley At Paris Inc, established as a not-forprofit corporation in 2001, is committed to providing housing and related services for elderly individuals with very low and extremely low incomes. This organization operates under Section 202 of the National Housing Act, with a mission to enhance the living conditions of these individuals. The community it manages, Wesley Pine Meadow, located in Paris, Tennessee, is a key part of its efforts to provide a supportive environment for its residents. The corporation's goal is to improve the quality of life for its residents by offering them necessary housing services.
Official website here: www.wesleyliving.com
Who is the CEO of Wesley At Paris Inc?
Brian Harris is the Non-Voting Ceo of Wesley At Paris Inc. The CEO's salary of Wesley At Paris Inc is $0 and their total compensation is $0.
Official website here: www.wesleyliving.com
What is the revenue of Wesley At Paris Inc?
Wesley At Paris Inc's revenue in 2022 was $165,387.
Official website here: www.wesleyliving.com
Who are the executives of Wesley At Paris Inc and what are their salaries?
There 12 volunteers at Wesley At Paris Inc.
Here are 16 key members and their salaries (Wesley At Paris Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.wesleyliving.com
Where can I find the form 990 for Wesley At Paris Inc?
Wesley At Paris Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wesleyliving.com
Learn more at the official website: www.wesleyliving.com
Mission Statement of Wesley At Paris Inc
Wesley At Paris Inc, established in accordance with Tennessee's not-for-profit statutes in 2001, is a dedicated organization with a mission to serve the needs of elderly individuals with low to extremely low income. The corporation operates a 19-unit community, named Wesley Pine Meadow, which is situated in Paris, Tennessee. In line with Section 202 of the National Housing Act, this not-for-profit provides housing and related services to these financially disadvantaged elderly individuals. By doing so, Wesley At Paris Inc contributes to creating a living environment that fosters their well-being and independence.
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Impact
October, 2024
Wesley At Paris Inc significantly impacts the community by providing affordable housing and essential services for very low and extremely low-income elderly residents in Paris, Tennessee. Since its establishment in 2001, the organization has operated Wesley Pine Meadow, a 19-unit community designed to meet the specific needs of this vulnerable demographic.
By offering a safe and supportive living environment, Wesley At Paris Inc plays a crucial role in enhancing the quality of life for elderly individuals who might otherwise struggle to secure stable housing. The services provided not only address housing needs but also contribute to the overall well-being of residents, fostering a sense of community and belonging.
Through its mission, the organization helps to alleviate poverty and isolation among elderly individuals, ensuring they have access to necessary resources and a supportive community. The focus on very low and extremely low-income seniors aligns with broader efforts to promote social equity and improve living standards within the region. In summary, Wesley At Paris Inc is vital to creating a sustainable and inclusive community for older adults in need.
This information is meant to be a general summary of Wesley At Paris Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $188
- Program Service Revenue: $66,589
- Gross Receipts: $165,387
Assets and Liabilities:
- Total Assets: $899,854
- Total Liabilities: $1,671,239
- Net Assets: -$771,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$66,589
Organization Details
Founding Year
2005
Phone
(901) 380-4900Principal Officer
Brian Harris
Main Address
1615 APPLING ROAD, CARDOVA, TN, 38016
Website
www.wesleyliving.comNTEE Category
Code: L20 - Housing
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