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Wesley At Graceland Inc

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

EIN: 581878356 ✦ Cordova, TN ✦ Designated as a 501(c)(3)

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Overview

What is Wesley At Graceland Inc?

Wesley At Graceland Inc, doing business as Wesley Mission Inc, is a nonprofit organization situated in Cordova, Tennessee. Their primary mission is to offer housing and supportive services to elderly individuals falling under the categories of low, very low, and extremely low income. Their primary focus is on providing affordable living spaces for the elderly, contributing to their overall well-being and quality of life. The organization is committed to assisting this vulnerable population in maintaining their independence and dignity.


Official website here: www.wesleyliving.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

Wesley At Graceland Inc D/B/A Wesley Mission Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 97%, indicating a high level of performance in managing its resources effectively. This rating is derived solely from its accountability and finance metrics, underscoring its robust governance practices.

The nonprofit showcases several strengths, including a fully independent board of directors, with 100% of its members meeting independence criteria. The organization demonstrates no material diversion of assets and maintains a favorable liabilities to assets ratio at 13.94%, highlighting its financial stability. Additionally, it has implemented comprehensive policies, such as conflict of interest and whistleblower protections, contributing to its strong governance framework.

While the rating reflects significant strengths in financial management and accountability, the absence of ratings in programmatic impact or donor feedback may limit a full understanding of its operational effectiveness. However, the high program expense ratio of 74.95% indicates that a substantial portion of its funding is directed towards its programs, which is a positive indicator of its mission-driven focus.


This AI summary has been generated from information found on Charity Navigator.

Is Wesley At Graceland Inc legitimate?

Wesley At Graceland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley At Graceland 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: $0

For more financial information, click here


Official website here: www.wesleyliving.com

What is the mission statement of Wesley At Graceland Inc?

Wesley At Graceland Inc, operating as Wesley Mission Inc, has a mission to provide housing and essential services to elderly individuals who fall into the categories of low, very low, and extremely low income. Their primary objective is to assist this vulnerable population in maintaining a dignified living situation. By offering these resources, they aim to enhance the quality of life for these elderly individuals, ensuring they have access to essential necessities. The organization's activities are geared towards providing a supportive environment that caters to the unique needs of this specific demographic.


Official website here: www.wesleyliving.com

Who is the CEO of Wesley At Graceland Inc?

Brian Harris is the Non-Voting Ceo of Wesley At Graceland Inc. The CEO's salary of Wesley At Graceland Inc is $0 and their total compensation is $0.


Official website here: www.wesleyliving.com

What is the revenue of Wesley At Graceland Inc?

Wesley At Graceland Inc's revenue in 2022 was $476,244.


Official website here: www.wesleyliving.com

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

There 9 volunteers at Wesley At Graceland Inc.


Here are 10 key members and their salaries (Wesley At Graceland Inc's CEO's salary is $0 and their total compensation is $0):


Dr Harry Durbin (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Potter (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Kissinger (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Kaler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William M Keith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Mcalexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Harris (Non-Voting Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Nasso (Non-Voting Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Ollio (Non-Voting Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Budynas (Non-Voting Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wesleyliving.com

Where can I find the form 990 for Wesley At Graceland Inc?

Wesley At Graceland 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 Graceland Inc

Wesley At Graceland Inc D/B/A Wesley Mission Inc is dedicated to providing low-income housing for the elderly. Their mission encompasses offering housing and essential services to individuals who fall under the categories of low, very low, and extremely low income elderly. This nonprofit organization aims to improve the living conditions and well-being of elderly individuals who may be financially struggling. By providing affordable housing, Wesley At Graceland Inc D/B/A Wesley Mission Inc is committed to ensuring that the elderly have a safe and secure place to call home, enabling them to maintain their independence and dignity. The organization's mission is crucial in addressing the housing needs of a vulnerable population, thereby contributing to their overall quality of life.

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Impact




July, 2024

Wesley At Graceland Inc D/B/A Wesley Mission Inc's impact lies in providing low income housing for the elderly in Cordova, TN. By offering housing and services to low, very low, and extremely low income elderly individuals, the organization plays a vital role in addressing the housing needs of this vulnerable population. Through its mission to provide affordable housing for seniors in need, Wesley Mission Inc contributes to enhancing the quality of life and ensuring the well-being of elderly residents in the community.




This information is meant to be a general summary of Wesley At Graceland 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.

Revenue
$476,244 (2022)
Expenses
$142,636 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $104,405
  • Program Service Revenue: $271,917
  • Gross Receipts: $476,244

Assets and Liabilities:

  • Total Assets: $6,925,141
  • Total Liabilities: $965,689
  • Net Assets: $5,959,452

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Programs

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

DEVELOPERS FEES

Revenue

$260,367

NET TENANT RENTS

Revenue

$11,550

Organization Details

Founding Year

1990

Principal Officer

Brian Harris

Main Address

1615 APPLING ROAD, CORDOVA, TN, 38016

NTEE Category

Code: L22Z - Housing

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