Overview
What is Wesley Village Retirement Home Inc?
Wesley Village Retirement Home Inc, located in Denison, Texas, is a nonprofit organization that offers affordable housing and supportive services to the elderly. Their mission is to provide a quality living environment, ensuring that elderly residents have access to essential services like meals, housekeeping, transportation, and various activities. With a dedicated team of 53 employees, this organization strives to enhance the well-being of its elderly residents, ensuring they live comfortably and with a sense of community.
Official website here: www.wesleyvillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, indicating that Wesley Village Retirement Home Inc has a solid operational framework and adheres to good financial practices. The organization scored particularly well in areas such as board independence and asset management, showcasing its commitment to transparency and ethical governance.
The majority of the board members are independent, which is a positive sign for accountability. The organization also has robust policies in place, including conflict of interest and whistleblower policies, contributing to its high score in governance. Additionally, the program expense ratio is impressive at 90.70%, indicating that a significant portion of the funds raised is directed towards programs and services rather than administrative costs.
However, the score is derived from only one beacon, which means it could benefit from a broader evaluation of its overall impact and effectiveness beyond financial accountability. While the financials are strong, potential donors and stakeholders may want to look for more information regarding the organization's program outcomes and community impact to gain a complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley Village Retirement Home Inc legitimate?
Wesley Village Retirement Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Village Retirement Home 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:
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Other Salaries and Wages: $1,060,500
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Official website here: www.wesleyvillage.org
What is the mission statement of Wesley Village Retirement Home Inc?
Wesley Village Retirement Home Inc's mission revolves around providing quality and affordable housing and support services for the elderly. The organization offers a range of assistance, including meals, housekeeping, transportation, and activities, all aimed at enhancing the elderly's living experience. In essence, Wesley Village Retirement Home Inc strives to create an environment where elderly individuals can reside comfortably and access necessary support services.
Official website here: www.wesleyvillage.org
What is the revenue of Wesley Village Retirement Home Inc?
Wesley Village Retirement Home Inc's revenue in 2023 was $1,969,184.
Official website here: www.wesleyvillage.org
Who are the executives of Wesley Village Retirement Home Inc and what are their salaries?
The average compensation at Wesley Village Retirement Home Inc during 2023 was $16,068. There are 66 employees at Wesley Village Retirement Home Inc.
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Official website here: www.wesleyvillage.org
Where can I find the form 990 for Wesley Village Retirement Home Inc?
Wesley Village Retirement Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wesleyvillage.org
Learn more at the official website: www.wesleyvillage.org
Mission Statement of Wesley Village Retirement Home Inc
Wesley Village Retirement Home Inc is dedicated to providing high-quality, affordable housing and support services for the elderly community. Their mission is to ensure that elderly individuals have access to essential amenities such as meals, housekeeping, transportation, and engaging activities. By doing so, the organization aims to enhance the quality of life for its senior residents, allowing them to age with dignity and independence.
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Impact
July, 2024
Wesley Village Retirement Home Inc's impact can be seen in the quality affordable housing and support services it provides for the elderly in Denison, Texas. By offering services such as meals, housekeeping, transportation, and engaging activities, the organization significantly contributes to enhancing the well-being and quality of life of seniors in the community. Through its mission of providing support and care for the elderly, Wesley Village Retirement Home Inc plays a vital role in ensuring that older adults have access to a safe and nurturing environment where they can thrive and enjoy their golden years.
This information is meant to be a general summary of Wesley Village Retirement Home 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.
- Program Service Revenue: $1,958,404
- Gross Receipts: $1,969,184
Assets and Liabilities:
- Total Assets: $1,560,683
- Total Liabilities: $88,688
- Net Assets: $1,471,995
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES AND CHARGES
Revenue
$1,883,324
OTHER CHARGES
Revenue
$46,638
MANAGEMENT FEES
Revenue
$28,442
Organization Details
Founding Year
1994
Principal Officer
Kathy Busbey
Website
www.wesleyvillage.orgNTEE Category
Code: P75 - Human services
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