Wesleyan Retirement Center Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351449080 ✦ Marion, IN ✦ Designated as a 501(c)(3)

Overview

What is Wesleyan Retirement Center Inc?

Wesleyan Retirement Center Inc, based in Marion, Indiana, is a nonprofit organization committed to providing a secure Christian living environment for the elderly. They generate income by leasing all their property, equipment, and managing the operations of the Colonial Oaks Health Care Center and the Avon Health Care and Rehabilitation Center. The organization also leases the real estate and improvements of their retirement apartments. Their primary mission is to ensure the safety and well-being of the older population within a faith-based community.


Official website here: www.indwes.edu

Is Wesleyan Retirement Center Inc legitimate?

Wesleyan Retirement Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesleyan Retirement Center 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.indwes.edu

What is the mission statement of Wesleyan Retirement Center Inc?

The Wesleyan Retirement Center Inc is dedicated to creating a secure and Christian living environment for the elderly community. Through leasing out property, equipment, and managing healthcare centers, the organization generates income. The Colonial Oaks Health Care Center and the Avon Health Care and Rehabilitation Center are both overseen by the Wesleyan Retirement Center. By providing these services, the center ensures a safe and comfortable community for the aging population.


Official website here: www.indwes.edu

Who is the CEO of Wesleyan Retirement Center Inc?

John Jones is the Chairperson of Wesleyan Retirement Center Inc.


Official website here: www.indwes.edu

What is the revenue of Wesleyan Retirement Center Inc?

Wesleyan Retirement Center Inc's revenue in 2023 was $16,759,677.


Official website here: www.indwes.edu

Who are the executives of Wesleyan Retirement Center Inc and what are their salaries?

Here are 6 key members and their salaries:

    John Jones (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $102,305
  • Other: $31,259

    • Elvin Weinmann (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $90,871
  • Other: $31,932

    • Tom Phillippe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Storey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Gearhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.indwes.edu

    Where can I find the form 990 for Wesleyan Retirement Center Inc?

    The Wesleyan Retirement Center Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.indwes.edu

    Learn more at the official website: www.indwes.edu

    Mission Statement of Wesleyan Retirement Center Inc

    Wesleyan Retirement Center Inc, a nonprofit organization, is dedicated to creating a secure and faith-based community for the elderly. The mission of this esteemed institution is to provide a nurturing and safe environment for senior citizens.

    Through its various activities, Wesleyan Retirement Center Inc generates income by leasing all its property, equipment, and managing the Colonial Oaks Health Care Center and the Avon Health Care and Rehabilitation Center. The organization's primary focus, however, remains on ensuring the well-being and comfort of its elderly residents.

    Wesleyan Retirement Center Inc goes beyond the mere provision of living quarters, offering its residents a sense of belonging and companionship within a faith-based community. By leasing the real estate, improvements, and management of the Retirement Apartments, the organization is able to accommodate a larger number of seniors, ensuring they live in a safe and supportive environment. The operations of the Colonial Oaks Health Care Center and Avon Health Care and Rehabilitation Center further enhance the quality of life for the elderly residents by providing them with access to top-notch healthcare services.

    In summary, Wesleyan Retirement Center Inc is a beacon of hope and security for the elderly, providing them with a faith-based community where they can live comfortably and securely. Through the leasing of properties and the operation of healthcare centers, the organization caters to the physical and emotional needs of its residents, ensuring they receive the care and support they deserve.

    Impact

    This information is meant to be a general summary of Wesleyan Retirement Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wesleyan Retirement Center Inc's impact lies in providing a safe Christian community for the aged in Marion, IN. Through leasing property and equipment, as well as managing healthcare centers, Wesleyan Retirement Center offers essential services to ensure the well-being and care of elderly individuals. Their mission of creating a secure and nurturing environment for seniors aligns with their commitment to human services, making a positive impact on the lives of the aging population in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13,635,047
  • Program Service Revenue: $3,122,609
  • Gross Receipts: $32,581,433

    • Assets and Liabilities:
  • Total Assets: $799,029
  • Total Liabilities: $1,982
  • Net Assets: $797,047
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LEASED FACILITIES

    Revenue

    $3,122,609

    Organization Details

    Founding Year

    1979

    Principal Officer

    John Jones

    Main Address

    4201 S WASHINGTON STREET, MARION, IN, 46953

    NTEE Category

    Code: P75 - Human services

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