Overview
What is Wesley Acres A Methodist Home For The Aging Inc?
Wesley Acres A Methodist Home for the Aging Inc, situated in Birmingham, Alabama, serves as a retirement home or senior housing establishment. Its primary objective is to provide subsidized housing solutions for its residents. This nonprofit organization aims to provide affordable housing options for senior citizens, ensuring they maintain a dignified and comfortable living environment. The organization's mission is focused on supporting the elder community and contributing to their well-being in Birmingham, AL.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Wesley Acres A Methodist Home For The Aging Inc has received a solid rating of 79%, reflecting its commitment to accountability and financial management. The charity's overall score is based solely on its performance in the Accountability & Finance beacon, with 100% of its independent board members and a robust audit and oversight committee.
Strengths of the organization include a strong program expense ratio of 90.59%, indicating that a significant portion of its funds is directed towards its programs. Key governance practices like a conflict of interest policy, whistleblower policy, and effective documentation retention have also been positively noted in their evaluation.
While the charity performs well in financial accountability, further insights into the impact and effectiveness of its programs would provide a more comprehensive understanding of its overall service delivery. Nonetheless, the transparency and strong governance highlighted in the ratings are commendable attributes for potential supporters and donors.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley Acres A Methodist Home For The Aging Inc legitimate?
Wesley Acres A Methodist Home For The Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Acres A Methodist Home For The Aging 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: $127,336
For more financial information, click here
What is the mission statement of Wesley Acres A Methodist Home For The Aging Inc?
Wesley Acres A Methodist Home for the Aging Inc is committed to providing subsidized housing. This retirement home's mission is centered around offering affordable living solutions for seniors, ensuring that everyone, regardless of their financial circumstances, has access to suitable housing options. The organization's primary focus is on subsidized housing, aiming to make senior living more accessible and affordable for all.
Who is the CEO of Wesley Acres A Methodist Home For The Aging Inc?
Christopher Tomlin Ceo-Mh is the Ceo-Mha of Wesley Acres A Methodist Home For The Aging Inc. The CEO's salary of Wesley Acres A Methodist Home For The Aging Inc is $0 and their total compensation is $0.
What is the revenue of Wesley Acres A Methodist Home For The Aging Inc?
Wesley Acres A Methodist Home For The Aging Inc's revenue in 2022 was $886,204.
Who are the executives of Wesley Acres A Methodist Home For The Aging Inc and what are their salaries?
The average compensation at Wesley Acres A Methodist Home For The Aging Inc during 2022 was $14,148. There are 9 employees at Wesley Acres A Methodist Home For The Aging Inc.
Here are 5 key members and their salaries (Wesley Acres A Methodist Home For The Aging Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wesley Acres A Methodist Home For The Aging Inc?
Wesley Acres A Methodist Home For The Aging Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wesley Acres A Methodist Home For The Aging Inc
Wesley Acres A Methodist Home For The Aging Inc is dedicated to providing subsidized housing as its primary mission. This nonprofit organization aims to make senior living more affordable for individuals in need, offering a retirement home or senior housing program. By prioritizing subsidized housing, Wesley Acres A Methodist Home For The Aging Inc seeks to support elderly individuals who may face challenges in securing adequate and affordable living arrangements.
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Impact
July, 2024
Wesley Acres A Methodist Home For the Aging Inc's impact can be seen through its provision of subsidized housing for seniors in Birmingham, AL. By offering affordable housing options for older adults, the organization helps ensure that aging individuals have access to safe and comfortable living arrangements. This support contributes to the well-being and quality of life of seniors in the community, allowing them to age with dignity and security. Wesley Acres' mission to provide subsidized housing plays a crucial role in addressing the housing needs of the aging population and making a positive impact on the lives of seniors in Birmingham.
This information is meant to be a general summary of Wesley Acres A Methodist Home For The Aging 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: $36
- Program Service Revenue: $844,177
- Gross Receipts: $886,204
Assets and Liabilities:
- Total Assets: $1,829,761
- Total Liabilities: $2,475,209
- Net Assets: -$645,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME-GROSS POTE
Revenue
$466,413
TENANT ASSISTANCE PAYM
Revenue
$434,422
COVID FUNDS RECEIVED
Revenue
$31,297
RENT REVENUE-STORES &
Revenue
$2,897
VACANCY LOSSES
Revenue
-$90,852
Organization Details
Founding Year
1980
Phone
(205) 951-2442Principal Officer
Christopher Tomlin Ceo-Mh
Main Address
1520 COOPER HILL ROAD, BIRMINGHAM, AL, 35210
NTEE Category
Code: L21Z - Housing
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