Overview
What is Wesleyan Homes Inc?
Wesleyan Homes Inc, a nonprofit organization based in Georgetown, Texas, currently offers hospice and home health services through three facilities. These include Wesleyan at Estrella, a retirement community with 240 independent living units, 84 assisted living units with certified memory care services, and professional patient care benefits for over 1,000 residents in 2022. Their mission is to create an abundant aging experience for their residents, both physically and spiritually, by providing comprehensive health and aging services. With a workforce of 511 employees, they aim to cater to individuals regardless of financial considerations and qualifications.
Official website here: www.wesleyanhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Wesleyan Homes Inc has received an 81% rating from Charity Navigator, which translates to a Three-Star designation. This score reflects a strong focus on accountability and finance, with a notable emphasis on transparency in its operations. The charity has a completely independent board, which is a significant strength, as it ensures unbiased governance and decision-making.
The organization excels in several key financial indicators, including a high program expense ratio of 89.58%, demonstrating a commitment to allocating funds towards its mission. Additional strengths include robust policies on conflict of interest, whistleblower protections, and thorough documentation practices. The presence of a dedicated audit and oversight committee signals a commitment to financial integrity and oversight.
However, one area of concern noted in the rating is the liabilities to assets ratio, which scored lower at 0 out of 15 points. This may indicate potential financial vulnerabilities that could affect the organization's stability or operational capacity in the future. Overall, while Wesleyan Homes Inc shows strong governance and programmatic focus, monitoring its financial ratios will be important for sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Wesleyan Homes Inc legitimate?
Wesleyan Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesleyan 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $696,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,719,073
For more financial information, click here
Official website here: www.wesleyanhomes.org
What is the mission statement of Wesleyan Homes Inc?
Wesleyan Homes Inc is dedicated to enriching the aging experience by fostering a vibrant and fulfilling life for those they serve. This mission extends to caring for the whole person, nourishing their body, mind, and spirit. Currently, Wesleyan Homes offers hospice and home health services, and manages three facilities: an independent living retirement community and an assisted living retirement community, both of which provide certified memory care services. The organization prioritizes access to its services regardless of financial considerations or qualifications, serving over a thousand residents in 2022.
Official website here: www.wesleyanhomes.org
Who is the CEO of Wesleyan Homes Inc?
Bethany Sisneroz is the CEO of Wesleyan Homes Inc The CEO's salary of Wesleyan Homes Inc is $292,825 and their total compensation is $314,622.
Official website here: www.wesleyanhomes.org
What is the revenue of Wesleyan Homes Inc?
Wesleyan Homes Inc's revenue in 2023 was $30,085,301.
Official website here: www.wesleyanhomes.org
Who are the executives of Wesleyan Homes Inc and what are their salaries?
The average compensation at Wesleyan Homes Inc during 2023 was $28,363. There are 473 employees and 23 volunteers at Wesleyan Homes Inc.
Here are 27 key members and their salaries (Wesleyan Homes Inc's CEO's salary is $292,825 and their total compensation is $314,622):
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- Compensation: $292,825
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- Other: $21,797
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- Compensation: $113,881
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- Compensation: $110,278
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- Compensation: $114,290
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- Compensation: $121,003
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- Other: $8,681
Official website here: www.wesleyanhomes.org
Where can I find the form 990 for Wesleyan Homes Inc?
Wesleyan Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wesleyanhomes.org
Learn more at the official website: www.wesleyanhomes.org
Mission Statement of Wesleyan Homes Inc
Wesleyan Homes Inc is a forward-thinking organization committed to creating an enriching experience of aging that nourishes body, mind, and spirit. In line with its mission, The Wesleyan strives to establish a ministry of health and aging services that ensures all those it serves live abundantly.
The Wesleyan Homes, Inc. offers a range of services designed to cater to the needs of older adults. Currently, it provides hospice and home health services, as well as operating three facilities. The first, the Wesleyan at Estrella Independent Living, is a vibrant retirement community accommodating 240 residents, offering housing, dietary, and related services. The second, the Wesleyan at Estrella Assisted Living, is a 84-unit assisted living retirement community providing certified memory care services. The third facility is dedicated to delivering professional patient care and benefits, regardless of financial considerations and qualifications.
Together, these Wesleyan Homes communities aim to provide a nurturing environment where every resident can flourish in body, mind, and spirit. The organization's dedication to serving its residents extends beyond the basics, ensuring that they live abundantly and receive the care they deserve.
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Impact
October, 2024
Wesleyan Homes Inc plays a significant role in enhancing the quality of life for seniors in Georgetown, Texas, by providing a comprehensive range of health and aging services designed to nourish body, mind, and spirit. The organization operates three facilities, including The Wesleyan at Estrella Independent Living and The Wesleyan at Estrella Assisted Living, which collectively support a diverse community of over 1,000 residents.
Through its independent living and assisted living programs, Wesleyan Homes fosters an environment where seniors can thrive, ensuring access to housing, dietary services, and tailored memory care. Importantly, the organization prioritizes care without regard to financial considerations, making essential health services accessible to a wider population. By focusing on holistic well-being, Wesleyan Homes is committed to creating a fulfilling and bountiful experience of aging, ultimately empowering seniors to live rich and meaningful lives.
This information is meant to be a general summary of Wesleyan Homes 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 2023.
- Investment Income: $551,781
- Program Service Revenue: $27,742,360
- Gross Receipts: $39,010,029
Assets and Liabilities:
- Total Assets: $98,447,379
- Total Liabilities: $89,485,846
- Net Assets: $8,961,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$27,742,360
Organization Details
Founding Year
1955
Principal Officer
Bethany Sisneroz
Website
www.wesleyanhomes.orgNTEE Category
Code: P75 - Human services
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