Overview
What is Wesley Towers Foundation?
Wesley Towers Foundation is a nonprofit organization, headquartered at 700 Monterey Place, Hutchinson, Kansas. Its primary mission is to support the operation of programs and the development of facilities for Wesley Towers, Inc., a 501(c)(3) retirement community. The foundation aims to provide housing, care, treatment, and rehabilitation for elderly individuals, regardless of their race, creed, or origin. Additionally, Wesley Towers Foundation offers educational scholarships to employees of Wesley Towers, Inc., contributing to their professional growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Wesley Towers Foundation has achieved an impressive 94% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score indicates a solid commitment to transparency, good governance practices, and effective financial management. The foundation's rating primarily stems from its perfect scores in several key areas such as an entirely independent board, absence of material asset diversion, and comprehensive policies that enhance organizational integrity.
The foundation's fiscal management is particularly noteworthy, with a program expense ratio of 97.02%, showcasing its dedication to directing funds toward its mission rather than administrative costs. The low liabilities to assets ratio of 17.73% further emphasizes financial stability, which bodes well for its long-term sustainability and operational effectiveness.
While the data supports a strong overall assessment, it's essential for prospective donors to consider the specific programs and initiatives funded by the foundation. Understanding the impact of their contributions can provide deeper insights into how effectively the organization meets its mission and serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley Towers Foundation legitimate?
Wesley Towers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Towers Foundation 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: $0
For more financial information, click here
What is the mission statement of Wesley Towers Foundation?
The Wesley Towers Foundation's mission is centered around supporting the operations and facility development of Wesley Towers, Inc., a 501(c)(3) retirement community. The primary objective is to provide housing, care, treatment, and rehabilitation for elderly individuals, regardless of their race, creed, or origin. Additionally, the foundation extends its support by offering educational scholarships to employees of Wesley Towers, Inc. The scholarships aim to enhance their skills and contribute to the overall growth and effectiveness of the retirement community.
Who is the CEO of Wesley Towers Foundation?
Mark Mains is the Chairperson of Wesley Towers Foundation. The CEO's salary of Wesley Towers Foundation is $0 and their total compensation is $176,219.
What is the revenue of Wesley Towers Foundation?
Wesley Towers Foundation's revenue in 2021 was $582,078.
Who are the executives of Wesley Towers Foundation and what are their salaries?
Here are 7 key members and their salaries (Wesley Towers Foundation's CEO's salary is $0 and their total compensation is $176,219):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $154,946
- Other: $21,273
Where can I find the form 990 for Wesley Towers Foundation?
Wesley Towers Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Wesley Towers Foundation
The Wesley Towers Foundation, as a charitable organization, is dedicated to supporting Wesley Towers, Inc., a 501(c)(3) retirement community. Its mission is multifaceted, aiming to ensure the operation of programs and the development of facilities within Wesley Towers, Inc. This is done with the primary objective of providing housing, care, treatment, and rehabilitation for elderly individuals, regardless of their race, creed, or origin.
Beyond this, the Wesley Towers Foundation also extends its support to the educational endeavors of the employees of Wesley Towers, Inc. by offering scholarships. This commitment to both the operational and developmental needs of the retirement community, as well as the educational aspirations of its staff, underpins the mission of the Wesley Towers Foundation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Wesley Towers Foundation's impact is felt through its crucial support of Wesley Towers, Inc., a retirement community dedicated to providing housing, care, treatment, and rehabilitation for elderly individuals. By providing funding to Wesley Towers, Inc., the foundation ensures that essential programs and facilities are maintained and improved, benefiting the well-being of elderly residents. Additionally, the foundation offers education scholarships to employees of Wesley Towers, Inc., encouraging professional development within the organization. This philanthropic work aligns with the foundation's mission of supporting the elderly community, regardless of race, creed, or origin.
This information is meant to be a general summary of Wesley Towers Foundation. 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 2021.
- Investment Income: $514,353
- Gross Receipts: $1,627,495
Assets and Liabilities:
- Total Assets: $11,341,481
- Total Liabilities: $1,222,773
- Net Assets: $10,118,708
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(620) 663-9175Principal Officer
Mark Mains
Main Address
700 MONTEREY PLACE, HUTCHINSON, KS, 67502
NTEE Category
Code: T20Z - Philanthropy
If you are a representative of Wesley Towers Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.