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Wesley Homes Inc

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

EIN: 580909393 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Wesley Homes Inc?

Wesley Homes Inc, a nonprofit organization based in Atlanta, Georgia, operates five retirement communities dedicated to serving older adults with varying income levels, including moderate, low, very low, and extremely low-income individuals. Their range of services includes building and apartment maintenance, grounds maintenance, 24-hour staffing, wellness programs, life enrichment activities, service coordination, and some communities even offer licensed personal care services and dining. Wesley Homes had 59 rental units available during fiscal year 2022, with an average occupancy rate of 93.38%. Their mission focuses on creating communities that foster connection, well-being, and promise. With a workforce of 101 employees, Wesley Homes aims to provide essential services to enhance the quality of life for older adults.


Official website here: www.wesleywoods.org

Is Wesley Homes Inc legitimate?

Wesley Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Homes 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: $3,534,320

For more financial information, click here


Official website here: www.wesleywoods.org

What is the mission statement of Wesley Homes Inc?

Wesley Homes Inc is dedicated to establishing communities that foster connection, well-being, and promise for older adults. Through their mission, they provide essential services such as building and apartment maintenance, grounds maintenance, 24-hour staffing, wellness programs, and life enrichment activities. Some of their communities offer personal care services and dining options. In fiscal year 2022, they had a total of 59 rental units, with an average occupancy rate of 93.38%. By providing these services, Wesley Homes Inc aims to enhance the living experience of older adults and create a sense of community and promise for their residents.


Official website here: www.wesleywoods.org

Who is the CEO of Wesley Homes Inc?

Terry Barcroft is the President & Ceo of Wesley Homes Inc. The CEO's salary of Wesley Homes Inc is $0 and their total compensation is $292,115.


Official website here: www.wesleywoods.org

What is the revenue of Wesley Homes Inc?

Wesley Homes Inc's revenue in 2022 was $14,562,426.


Official website here: www.wesleywoods.org

Who are the executives of Wesley Homes Inc and what are their salaries?

The average compensation at Wesley Homes Inc during 2022 was $34,993. There are 101 employees and 1,423 volunteers at Wesley Homes Inc.

Here are 7 key members and their salaries (Wesley Homes Inc's CEO's salary is $0 and their total compensation is $292,115):

    Terry Barcroft (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $269,880
  • Other: $22,235

    • Lauri Ann Brooks (Vpo)
  • Compensation: $0
  • Related: $194,283
  • Other: $18,358

    • Randy Gerig (Cfo & Secretary/Treasurer)
  • Compensation: $0
  • Related: $129,116
  • Other: $7,110

    • Brandon Valasek (Cfo & Secretary/Treasurer)
  • Compensation: $0
  • Related: $9,530
  • Other: $353

    • Glenn Warren (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathie Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ethridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wesleywoods.org

    Where can I find the form 990 for Wesley Homes Inc?

    The Wesley Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wesleywoods.org

    Learn more at the official website: www.wesleywoods.org

    Mission Statement of Wesley Homes Inc

    Wesley Homes Inc, a mission-driven organization, strives to create communities where older adults can connect, thrive, and find promise. This nonprofit entity operates five retirement apartment communities, catering to adults with moderate, low, very low, and extremely low incomes. The services provided encompass building and apartment maintenance, grounds maintenance, round-the-clock staffing, wellness programs, life enrichment activities, and service coordination. Some of the communities even offer personal care services and dining options. For fiscal year 2022, Wesley Homes had a total of 59 rental units available, with an impressive average occupancy rate of 93.38%. This organization is dedicated to ensuring a high standard of living for its residents while fostering a sense of belonging and community.

    Impact

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




    Thursday, August 15, 2024

    Wesley Homes Inc's impact can be seen in the creation of communities that provide connection, well-being, and promise for older adults in need. Through operating five retirement apartment communities in Atlanta, GA, Wesley Homes Inc serves moderate, low, very low, and extremely low-income older adults by offering essential services such as building and apartment maintenance, grounds upkeep, 24-hour staffing, wellness and life enrichment programs, and service coordination. With some communities providing licensed personal care services and dining options, Wesley Homes Inc plays a vital role in ensuring the comfort and security of its residents. The organization's commitment to supporting older adults in maintaining a fulfilling and dignified lifestyle is evident through their high occupancy rates and the positive impact they have on 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 2022.

  • Investment Income: $3,589
  • Program Service Revenue: $12,868,137
  • Gross Receipts: $14,562,426

    • Assets and Liabilities:
  • Total Assets: $20,193,659
  • Total Liabilities: $12,106,558
  • Net Assets: $8,087,101
  • Programs

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

    APARTMENT RENTAL AND SERVICES

    Revenue

    $12,868,137

    Organization Details

    Founding Year

    1962

    Principal Officer

    Terry Barcroft

    Main Address

    1817 CLIFTON ROAD NE, ATLANTA, GA, 303294021

    NTEE Category

    Code: L220 - Housing

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