Overview
What is Wesley At Milan Inc?
Wesley At Milan Inc, established in 1996 as a not-for-profit corporation in Tennessee, is dedicated to serving the elderly population. Situated in Milan, Tennessee, the organization operates Fountain Place, a 36-bed home for the elderly. Licensed by the Tennessee Department of Health, Wesley At Milan Inc provides essential living services, including meals, supportive care, and assistance with daily activities. The organization's mission is to support the well-being and comfort of its elderly residents, ensuring they live their later years with dignity and care.
Official website here: www.wesleyliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Wesley At Milan Inc demonstrates strong accountability and finance practices, with a perfect score in these areas, highlighting a commitment to transparency and operational integrity. The organization boasts a fully independent board, indicating a robust governance structure that may foster ethical decision-making. Their program expense ratio is quite impressive at 89.60%, suggesting that a significant portion of their resources is directed towards their mission-driven activities.
However, the organization faces a notable limitation with a liabilities to assets ratio of 167.53%, which raises concerns about financial sustainability and risk management. While they excel in governance policies and have adequate measures for conflict of interest and whistleblowing, the high liabilities may impact their long-term operational viability.
Overall, while Wesley At Milan Inc has strengths in accountability and program expenditure, potential donors and stakeholders should be mindful of the financial challenges indicated by their liabilities to assets ratio. This should motivate a careful consideration of the organization’s financial health in terms of supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley At Milan Inc legitimate?
Wesley At Milan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley At Milan 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: $304,281
For more financial information, click here
Official website here: www.wesleyliving.com
What is the mission statement of Wesley At Milan Inc?
Wesley At Milan Inc, as a not-for-profit corporation, was established in 1996 with the primary objective of operating a 36-bed residential facility for the elderly. Located in Milan, Tennessee, this establishment, known as Fountain Place, provides essential services to its residents. The corporation is licensed by the Tennessee Department of Health and offers housing, meals, supportive services, and assistance with daily living activities. Its mission can be summarized as providing a nurturing environment for the elderly, ensuring their basic needs are met, and offering supportive services to enhance their quality of life.
Official website here: www.wesleyliving.com
Who is the CEO of Wesley At Milan Inc?
Brian Harris is the Non Voting Ceo of Wesley At Milan Inc. The CEO's salary of Wesley At Milan Inc is $0 and their total compensation is $0.
Official website here: www.wesleyliving.com
What is the revenue of Wesley At Milan Inc?
Wesley At Milan Inc's revenue in 2022 was $790,874.
Official website here: www.wesleyliving.com
Who are the executives of Wesley At Milan Inc and what are their salaries?
There 3 volunteers at Wesley At Milan Inc.
Here are 7 key members and their salaries (Wesley At Milan Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.wesleyliving.com
Where can I find the form 990 for Wesley At Milan Inc?
Wesley At Milan 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 Milan Inc
Wesley At Milan Inc, a not-for-profit corporation established in 1996, was formed with a mission to serve the elderly population. The organization operates a 36-bed residential facility, known as Fountain Place, providing housing, meals, supportive services, and aid with daily living activities. This mission is geared towards ensuring the well-being and comfort of its elderly residents, offering them a supportive environment where they can maintain their independence and quality of life. Wesley At Milan Inc is licensed by the Tennessee Department of Health, demonstrating its commitment to adhering to the necessary standards of care for its residents.
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Impact
July, 2024
Wesley At Milan Inc's impact can be seen in the provision of essential services and support to the elderly residents in Milan, Tennessee. Operating a 36-bed home known as Fountain Place, the organization offers housing, meals, supportive services, and assistance with daily activities. By providing a comfortable and caring environment for the aged, Wesley At Milan Inc contributes significantly to the well-being and quality of life of its residents.
This information is meant to be a general summary of Wesley At Milan 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: $127
- Program Service Revenue: $790,747
- Gross Receipts: $790,874
Assets and Liabilities:
- Total Assets: $1,323,502
- Total Liabilities: $2,217,297
- Net Assets: -$893,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$790,747
Organization Details
Founding Year
1996
Phone
(901) 380-4900Principal Officer
Brian Harris
Main Address
1615 APPLING ROAD, MEMPHIS, TN, 38016
Website
www.wesleyliving.comNTEE Category
Code: P75 - Human services
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