Overview
What is Wesleyan Homes Foundation?
Wesleyan Homes Foundation is a charitable organization based in Georgetown, Texas. Its primary purpose is to support and aid related 501(c)(3) organizations, including Wesleyan Homes, Inc., by fulfilling various operational and financial needs. This includes providing funds for room, board, and care in instances of individual and family emergencies, subsidizing Wesleyan Homes operating deficits, restoring operating reserves, financing capital, real, and personal property expenditures for Wesleyan Homes, managing endowment funds, organizing fundraising activities, and funding scholarships and educational grants. Essentially, the foundation aims to ensure the successful operation and growth of these organizations, providing benevolent support where necessary.
Official website here: www.wesleyanhomes.org
Is Wesleyan Homes Foundation legitimate?
Wesleyan Homes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesleyan Homes Foundation 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: $49,929
For more financial information, click here
Official website here: www.wesleyanhomes.org
What is the mission statement of Wesleyan Homes Foundation?
The Wesleyan Homes Foundation's mission is to support charitable and educational organizations, specifically Wesleyan Homes, Inc., and other related 501(c)(3) entities, in achieving their operating and capital budget goals and needs. This support includes providing benevolent funding for individuals and families in need, offering room, board, and care when necessary. The foundation also assists in subsidizing any deficits of Wesleyan Homes, funds capital, real, and personal property expenditures for Wesleyan Homes that cannot be covered by the budget, and contributes to endowment funds, fundraising activities, and scholarships and educational grants.
Official website here: www.wesleyanhomes.org
Who is the CEO of Wesleyan Homes Foundation?
Frank Woods is the Ex Officio of Wesleyan Homes Foundation. The CEO's salary of Wesleyan Homes Foundation is $0 and their total compensation is $238,879.
Official website here: www.wesleyanhomes.org
What is the revenue of Wesleyan Homes Foundation?
Wesleyan Homes Foundation's revenue in 2022 was $1,470,796.
Official website here: www.wesleyanhomes.org
Who are the executives of Wesleyan Homes Foundation and what are their salaries?
There 6 volunteers at Wesleyan Homes Foundation.
Here are 10 key members and their salaries (Wesleyan Homes Foundation's CEO's salary is $0 and their total compensation is $238,879):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $311,059
- Other: $28,081
- Compensation: $0
- Related: $211,052
- Other: $27,827
- Compensation: $0
- Related: $136,828
- Other: $3,127
- Compensation: $0
- Related: $145,668
- Other: $28,067
Official website here: www.wesleyanhomes.org
Where can I find the form 990 for Wesleyan Homes Foundation?
Wesleyan Homes Foundation's most recent form 990 was submitted in 2022 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 Foundation
Wesleyan Homes Foundation is a charitable organization with an educational purpose, dedicated to supporting Wesleyan Homes, Inc. and other related 501(c)(3) organizations. Its primary goal is to help these organizations meet their operating and capital budget needs. This support includes providing benevolent funding for room, board, and care in cases of individual and family needs. The foundation also aims to supplement Wesleyan Homes' operating deficits and restore operating reserves. Furthermore, it provides funds for capital, real, and personal property expenditures for Wesleyan Homes that cannot be funded through the budget. Additionally, the foundation manages endowment funds, engages in fundraising activities, and funds scholarships and educational grants. In summary, Wesleyan Homes Foundation plays a crucial role in supporting related nonprofit organizations, providing essential resources, and contributing to the betterment of the communities they serve.
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Impact
October, 2024
Wesleyan Homes Foundation plays a crucial role in enhancing the well-being of individuals and families facing financial hardships. By providing benevolent funding, the Foundation ensures that those in need can access room, board, and care, significantly improving their quality of life.
Through its support, the Foundation addresses operating and capital budget goals, helping Wesleyan Homes and related organizations maintain their services and facilities. This includes bridging operating deficits and restoring reserves, which are essential for sustaining long-term care and support programs.
Additionally, the Foundation's commitment to educational initiatives and scholarships extends opportunities for personal development and learning within the community. Its fundraising activities further emphasize the goal of creating a supportive environment for everyone, ensuring that vital services remain accessible to those who need them most.
Overall, the impact of Wesleyan Homes Foundation is seen in the improved lives of individuals and families, the enhancement of community resources, and its contributions to the sustainability of essential services.
This information is meant to be a general summary of Wesleyan Homes Foundation. 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: -$407,415
- Gross Receipts: $4,265,210
Assets and Liabilities:
- Total Assets: $13,050,357
- Total Liabilities: $3,448,937
- Net Assets: $9,601,420
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Organization Details
Founding Year
2003
Phone
(512) 868-1205Principal Officer
Frank Woods
Main Address
263 WHITE HERON DRIVE, GEORGETOWN, TX, 78628
Website
www.wesleyanhomes.orgNTEE Category
Code: P11 - Human services
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