2024-11-13T13:42:16-06:00 2023-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-01-01 581442179 WESLEY HOMES LAKE COUNTY INC WESL 9013804900 1615 APPLING ROAD CORDOVA TN 38016 DON OLLIO CFO 9013804900 2024-11-13 1 1 ROBERT J DOYLE JR P02365765 3178485700 2023 2024-10-15 13:58:12Z BRIAN HARRIS 1615 APPLING ROAD CORDOVA TN 38016 543311 0 X WWW.WESLEYLIVING.COM X 1985 TN TO PROVIDE HOUSING AND SERVICES TO VERY LOW AND EXTREMELY LOW INCOME ELDERLY. 12 12 0 12 0 0 398469 385934 156306 157335 23 -3021 0 0 554798 540248 0 0 0 0 75528 81338 0 0 0 416424 426209 491952 507547 62846 32701 623576 611053 641568 596344 -17992 14709 X WESLEY HOMES LAKE COUNTY, INC IS A NOT-FOR-PROFIT CORPORATION FORMED IN MAY 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50-UNIT COMMUNITY LOCATED IN TIPTONVILLE, TENNESSEE KNOWN AS WESLEY APARTMENTS, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 0 0 413092 154272 WESLEY HOMES LAKE COUNTY, INC IS A NOT-FOR-PROFIT CORPORATION FORMED IN MAY 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50-UNIT COMMUNITY LOCATED IN TIPTONVILLE, TENNESSEE KNOWN AS WESLEY APARTMENTS, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 413092 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X WESLEY HOUSING CORP OF MEMPHIS 9013804900 1615 APPLING ROAD CORDOVA TN 38016 X X REV ANDREW THOMPSON CHAIRPERSON 1.00 2.00 X X 0 0 0 NANCY ALBONETTI VICE CHAIRPERSON 1.00 2.00 X X 0 0 0 DWIGHT DAVIS DIRECTOR 1.00 2.00 X 0 0 0 AMANDA L WARD DIRECTOR 1.00 2.00 X 0 0 0 EDDIE SMITH DIRECTOR 1.00 2.00 X 0 0 0 HOLLY MITCHENER DIRECTOR 1.00 2.00 X 0 0 0 CAROL AVENS DIRECTOR 1.00 2.00 X 0 0 0 MEREDITH BINGHAM DIRECTOR 1.00 2.00 X 0 0 0 JOYCE FEGER DIRECTOR 1.00 2.00 X 0 0 0 JENNIFER GARST DIRECTOR 1.00 2.00 X 0 0 0 PHYLLIS GAY DIRECTOR 1.00 2.00 X 0 0 0 MARY LOU CUSHING SECRETARY/TREASURER 1.00 2.00 X 0 0 0 BRIAN HARRIS NON-VOTING CEO 1.00 2.00 X 0 0 0 RONALD BUDYNAS NON-VOTING COO 1.00 2.00 X 0 0 0 DONALD OLLIO NON-VOTING CFO 1.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 385934 385934 RENTAL INCOME 531110 157335 157335 157335 42 42 3063 -3063 -3063 -3063 540248 154272 0 42 54439 54439 1644 1644 20613 20613 4642 4642 34437 34437 8287 8287 13335 13335 3651 3651 25241 25241 4467 4467 212903 212903 5037 5037 32663 32663 55228 55228 SERVICE COORDINATOR CON 24467 24467 BAD DEBTS 5000 5000 MANAGER UNIT 1372 1372 TAXES, LICENSES, AND PE 121 121 507547 413092 94455 0 16926 19052 216902 208193 63344 43475 64517 74814 2117093 1861711 249798 255382 12089 10137 623576 611053 50376 61638 6127 4555 460034 345507 125031 184644 641568 596344 X -17992 14709 -17992 14709 623576 611053 32701 0 X X 0 1 X 1 1 1 X 347899 358266 353995 398469 385934 1844563 134099 149366 150108 156306 157335 747214 481998 507632 504103 554775 543269 2591777 0 0 0 2591777 2913 652 20 23 42 3650 2913 652 20 23 42 3650 484911 508284 504123 554798 543311 2595427 0.99860 0.99780 0.00140 0.00220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 1483887 1310782 173105 582448 520171 62277 30758 30758 0 255382 DUE TO WHCOM 175526 SECURITY DEPOSITS 9118 184644 X 543311 3063 3063 540248 0 540248 510610 3063 3063 507547 0 507547 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: G/L ON DISPOSAL OF ASSET 3,063. PART XII, LINE 2D - OTHER ADJUSTMENTS: G/L ON DISPOSAL OF ASSET 3,063. FORM 990, PART VI, SECTION A, LINE 3 WESLEY HOMES LAKE COUNTY, INC. IS MANAGED BY WESLEY HOUSING CORPORATION OF MEMPHIS, INC, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. WESLEY HOUSING CORPORATION OF MEMPHIS, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED WESLEY HOUSING CORPORATION OF MEMPHIS, INC. TO MANAGE THE WESLEY HOMES LAKE COUNTY, INC. APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY AN OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF ALL EMPLOYEES IS DETERMINED THROUGH THE APPROVAL OF THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS FINANCIAL INFORMATION TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG AND UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: HOURS WORKED FOR RELATED ORGANIZATIONS: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THERE HAS BEEN NO CHANGE IN THIS PROCESS SINCE THE PREVIOUS YEAR. WESLEY JACKSON HIGHLANDS 1615 APPLING ROAD CORDOVA TN 38016 311629018 HOUSING TN 501(C)(3) LINE 10 0 WESLEY AT MILLINGTON 1615 APPLING ROAD CORDOVA TN 38016 581929230 HOUSING TN 501(C)(3) LINE 10 0 WESLEY AT ADAMSVILLE 1615 APPLING ROAD CORDOVA TN 38016 582022139 HOUSING TN 501(C)(3) LINE 10 0 WESLEY AT MARTIN 1615 APPLING ROAD CORDOVA TN 38016 582022137 HOUSING TN 501(C)(3) LINE 10 0 WESLEY AT PARIS 1615 APPLING ROAD CORDOVA TN 38016 311779476 HOUSING TN 501(C)(3) LINE 10 0 LUTHER TERRACE 1615 APPLING ROAD CORDOVA TN 38016 581567594 HOUSING TN 501(C)(3) LINE 10 0 WESLEY HILLS DYERSBURG 1615 APPLING ROAD CORDOVA TN 38016 311509531 HOUSING TN 501(C)(3) LINE 10 0 WESLEY AT JONESBORO 1615 APPLING ROAD CORDOVA TN 38016 621728055 HOUSING AR 501(C)(3) LINE 10 0 WESLEY AT MURRAY INC 1615 APPLING ROAD CORDOVA TN 38016 311779474 HOUSING KY 501(C)(3) LINE 10 0 HOUSING FOR THE ELDERLY OF ADAMSVILLE 1615 APPLING ROAD CORDOVA TN 38016 581482306 HOUSING TN 501(C)(3) LINE 10 0 WESLEY HOMES INC-DYERSBURG 1615 APPLING ROAD CORDOVA TN 38016 581339581 HOUSING TN 501(C)(3) LINE 10 0 WESLEY HOME SERVICES INC 1615 APPLING ROAD CORDOVA TN 38016 621642972 PROVIDES HOME SERVICES TN 501(C)(3) PF 0 GOOD SAMARITAN VILLAGE INC 1615 APPLING ROAD CORDOVA TN 38016 621559560 HOUSING TN 501(C)(3) LINE 10 0 ST MARK MANOR INC 1615 APPLING ROAD CORDOVA TN 38016 581747759 HOUSING TN 501(C)(3) LINE 10 0 ST MATTHEW MANOR INC 1615 APPLING ROAD CORDOVA TN 38016 581530840 HOUSING TN 501(C)(3) LINE 10 0 ST MATTHEW MANOR WEST INC 1615 APPLING ROAD CORDOVA TN 38016 631589625 HOUSING TN 501(C)(3) LINE 10 0 ST JOSEPH VILLAGE INC 1615 APPLING ROAD CORDOVA TN 38016 581623124 HOUSING TN 501(C)(3) LINE 10 0 WESLEY STAGE PARK INC 1615 APPLING ROAD CORDOVA TN 38016 311509536 HOUSING TN 501(C)(3) LINE 10 0 WESLEY MURRAY MEADOW INC 1615 APPLING ROAD CORDOVA TN 38016 454123137 HOUSING KY 501(C)(3) LINE 10 0 THE MEADOWS HOUSING CORPORATION INC 1615 APPLING ROAD CORDOVA TN 38016 581851127 HOUSING TN 501(C)(3) LINE 10 0 WESLEY SENIOR MINISTRIES INC 1615 APPLING ROAD CORDOVA TN 38016 581897787 GENERAL NON-PROFIT TN 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0