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Wesley Homes Pierce County

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

EIN: 823901394 ✦ Des moines, WA ✦ Designated as a 501(c)(3)

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Overview

What is Wesley Homes Pierce County?

Wesley Homes Pierce County is a nonprofit organization situated in Des Moines, Washington. It primarily focuses on providing rental housing and related services to senior citizens, catering to an average of 157 seniors at a time. This inclusive community offers various living options, including independent apartments, catered living, and assisted living. The campus employs approximately 25 individuals and is known for its affordability, making it accessible to individuals of modest means. Wesley Homes Pierce County is committed to promoting active and healthy aging among its residents, offering high-quality programs and amenities.


Official website here: www.wesleychoice.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Needs Improvement (Two Stars)**

Wesley Homes Pierce County has received a rating of 67% from Charity Navigator, which indicates a need for improvement. The overall score is derived from its strong performance in Accountability & Finance, where it scored 100%, but this is offset by lower scores in other metrics that are not currently evaluated, such as Leadership & Adaptability and Impact & Measurement. The organization maintains a majority independent board, showcasing a commitment to governance, yet has faced criticism for its financial ratios, reflecting challenges in managing liabilities and fundraising efficiency.

Strengths noted include compliance with key financial oversight metrics, such as having an active audit committee and documented policies for conflicts of interest and whistleblower protection. However, the charity's financial health appears concerning due to poor working capital and liabilities to assets ratios, indicating potential sustainability issues. The lack of available user reviews from GreatNonprofits limits further insights into community perceptions or specific areas for improvement based on direct feedback from beneficiaries.

Overall, while Wesley Homes Pierce County demonstrates solid accountability practices, the need for a clearer evaluation of its leadership and impact, alongside financial management concerns, suggests areas for future development to enhance its operational effectiveness and community trust.


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

Is Wesley Homes Pierce County legitimate?

Wesley Homes Pierce County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Homes Pierce County 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: $1,073,341

For more financial information, click here


Official website here: www.wesleychoice.org

What is the mission statement of Wesley Homes Pierce County?

Wesley Homes Pierce County's mission is centered around providing rental housing and related services to seniors. Their objective is to establish and manage a senior housing campus, offering rental accommodations and related services to elderly individuals. The campus, catering to an average of 157 seniors at a time, encompasses independent apartments, Brownstone catered living, and assisted living facilities. Approximately 25 employees work at this campus, which offers fully refundable entrance deposits and affordable monthly fees. The primary goal is to make high-quality programs and amenities accessible to individuals of modest means, promoting active and healthy aging.


Official website here: www.wesleychoice.org

Who is the CEO of Wesley Homes Pierce County?

Kevin Anderson is the President of Wesley Homes Pierce County.


Official website here: www.wesleychoice.org

What is the revenue of Wesley Homes Pierce County?

Wesley Homes Pierce County's revenue in 2022 was $10,419,177.


Official website here: www.wesleychoice.org

Who are the executives of Wesley Homes Pierce County and what are their salaries?

The average compensation at Wesley Homes Pierce County during 2022 was $26,834. There are 40 employees and 4 volunteers at Wesley Homes Pierce County.


Here are 7 key members and their salaries:


Mary Lotte (Campus Administrator)
  • Compensation: $106,483
  • Related: $0
  • Other: $0
Lisa Osterloh (Community Relations Director)
  • Compensation: $100,006
  • Related: $0
  • Other: $3,974
Kevin Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Rogel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lindh (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Wenck (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Yamamoto (Vp Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wesleychoice.org

Where can I find the form 990 for Wesley Homes Pierce County?

Wesley Homes Pierce County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wesleychoice.org

Learn more at the official website: www.wesleychoice.org

Mission Statement of Wesley Homes Pierce County

Wesley Homes Pierce County is committed to providing rental housing and related services to seniors. Their mission involves planning, developing, and operating a senior housing campus that caters to the needs of elderly individuals in Pierce County, Washington. This nonprofit organization strives to offer affordable rental housing options, including independent apartments, catered living, and assisted living, ensuring a high-quality living environment that promotes active and healthy aging. By employing around 25 staff members, Wesley Homes Pierce County ensures a supportive and nurturing environment for its senior residents. With fully refundable entrance deposits and moderate monthly fees, the organization prioritizes making its services accessible to individuals of modest means.

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Impact




July, 2024

Wesley Homes Pierce County impacts the community by providing affordable rental housing and related services to seniors in Pierce County, Washington. This organization serves an average of 157 seniors at any one time in independent apartments, Brownstone catered living, and assisted living facilities. By employing approximately 25 staff members, Wesley Homes Pierce County ensures a high standard of care for its residents while promoting active and healthy aging. With fully refundable entrance deposits and moderate monthly fees, this campus offers a viable housing option for individuals of modest means, contributing to the well-being of seniors in the area.




This information is meant to be a general summary of Wesley Homes Pierce County. 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
$10,419,177 (2022)
Expenses
$13,293,755 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,624
  • Program Service Revenue: $5,535,520
  • Gross Receipts: $10,419,177

Assets and Liabilities:

  • Total Assets: $100,064,382
  • Total Liabilities: $99,586,821
  • Net Assets: $477,561

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Programs

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

RESIDENT REVENUE

Revenue

$5,454,171

ANCILLARY INCOME

Revenue

$81,349

Organization Details

Founding Year

2018

Principal Officer

Kevin Anderson

Main Address

815 SOUTH 216TH STREET, DES MOINES, WA, 98198

NTEE Category

Code: L22 - Housing

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