2025-07-15T15:00:48-05:00 2024-08-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2023-09-01 582190281 WESLEY WOODS OF ATHENS INC WESL 4047796231 1817 CLIFTON ROAD NE ATLANTA GA 30329 TERRY BARCROFT PRESIDENT/CEO 4047796231 2025-07-15 1 0 MARY JO ALEXANDER P00002534 7709558600 2025-07-15 2023 2025-03-06 01:10:19Z TALMAGE TERRACE TERRY BARCROFT 1817 CLIFTON ROAD NE ATLANTA GA 30329 4320415 0 X WWW.WESLEYWOODS.ORG X 1995 GA OUR MISSION IS TO CREATE COMMUNITIES OF CONNECTION, WELL-BEING, AND PROMISE. 4 2 30 900 0 0 223590 275272 3870243 3980902 636 43121 21092 21120 4115561 4320415 0 0 0 0 1598626 1711865 0 0 0 2331196 2513685 3929822 4225550 185739 94865 5006538 5031182 8615928 8567049 -3609390 -3535867 OUR MISSION IS TO CREATE COMMUNITIES OF CONNECTION, WELL-BEING, AND PROMISE. 0 0 3623404 3980902 WESLEY WOODS OF ATHENS, INC.'S MISSION IS TO CREATE COMMUNITIES OF CONNECTION, WELL-BEING AND PROMISE. IT OPERATES AN EXCELLENT LIFEPLAN COMMUNITY OFFERING RESIDENTIAL, RETIREMENT, DINING, HOUSEKEEPING, LIFE ENRICHMENT AND WELLNESS PROGRAMMING, 24 HOUR STAFFED EMERGENCY RESPONSE AND PRIVATE LICENSED PERSONAL CARE. THE PROJECT HAS 46 INDEPENDENT LIVING APARTMENTS AND 36 PERSONAL CARE APARTMENT HOMES AVAILABLE WITH AN AVERAGE OCCUPANCY RATE OF 89.02% AS OF 08/31/24. 3623404 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X WESLEY WOODS SENIOR LIVING INC 4047286299 1817 CLIFTON ROAD NE ATLANTA GA 30329 TERRY BARCROFT PRESIDENT & CEO 13.00 27.00 X X 0 315578 23438 LAURI ANN BROOKS VPO, DIRECTOR 12.00 28.00 X X 0 220288 19009 TOM JACKSON CHAIR 1.00 2.00 X X 0 0 0 DIANE VAUGHAN DIRECTOR 1.00 2.00 X 0 0 0 BRANDON VALASEK CFO & SECRETARY/TREASURER 4.00 36.00 X 0 180019 17096 DANA CHANDLER EXECUTIVE DIRECTOR 40.00 X 129875 0 25768 129875 715885 85311 1 0 1 0 0 275272 275272 RENTALS AND SERVICES 531110 3980902 3980902 3980902 43121 43121 FOOD SERVICES, FEES, M 900099 12753 12753 GUEST SERVICES 900099 8367 8367 21120 4320415 3980902 0 64241 157942 126354 31588 1214196 1027968 186228 40233 34268 5965 199807 169574 30233 99687 84182 15505 161126 161126 288 288 27600 27600 3225 3225 212497 208064 4433 84098 66547 17551 64905 52180 12725 20510 16408 4102 875375 816268 59107 4482 89 4393 15092 14777 315 332894 327432 5462 84655 82962 1693 FOOD COSTS 392984 384785 8199 SUPPLIES 130181 127525 2656 REPAIRS & MAINTENANCE 77744 62195 15549 DUES AND SUBSCRIPTIONS 10076 8061 2015 15953 13765 2188 4225550 3623404 602146 0 85533 40606 16078 18046 14739 17958 75999 83924 7872829 5001128 3162774 2871701 1000636 1218757 650779 780190 5006538 5031182 543126 647745 218386 284153 2572564 2451125 18756 5263096 5184026 8615928 8567049 X -3612616 -3538048 3226 2181 -3609390 -3535867 5006538 5031182 94865 -21342 0 X X 0 1 X 1 0 X 120633 397318 255453 223590 275272 1272266 3340289 3176274 3695004 3870243 3980902 18062712 3460922 3573592 3950457 4093833 4256174 19334978 0 0 0 19334978 713 152 207 636 43121 44829 713 152 207 636 43121 44829 64721 35936 40377 21092 21120 183246 3526356 3609680 3991041 4115561 4320415 19563053 0.98830 0.98540 0.00230 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FOOD SERVICES FEES MISC - 2019 AMOUNT: $ 57,299. 2020 AMOUNT: $ 31,460. 2021 AMOUNT: $ 34,128. 2022 AMOUNT: $ 14,116. 2023 AMOUNT: $ 12,753. GUEST SERVICES - 2019 AMOUNT: $ 7,422. 2020 AMOUNT: $ 4,476. 2021 AMOUNT: $ 6,249. 2022 AMOUNT: $ 6,976. 2023 AMOUNT: $ 8,367. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94105 94105 6905405 4335457 2569948 83717 24818 58899 772460 640853 131607 17142 17142 2871701 INTEREST IN RELATED PARTIES 2181 SECURITY DEPOSITS 678294 RECEIVABLES FROM RELATED PARTIES 99715 780190 INTEREST RATE SWAP OBLIGATION 276864 REFUNDABLE ENTRANCE FEES 4907162 5184026 X 4299073 -21342 -21342 4320415 0 4320415 4225550 0 4225550 0 4225550 PART X, LINE 2: WESLEY WOODS OF ATHENS, INC. (THE CCRC) QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE LIFEPLAN COMMUNITY'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. CCRC FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE LIFEPLAN COMMUNITY'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE LIFEPLAN COMMUNITYS FINANCIAL STATEMENTS. THE CCRC FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF GEORGIA. 0 0 0 0 0 0 0 0 0 TERRY BARCROFT PRESIDENT & CEO 0 315578 0 0 0 0 0 14620 0 8818 0 339016 0 0 LAURI ANN BROOKS VPO, DIRECTOR 0 220288 0 0 0 0 0 10265 0 8744 0 239297 0 0 BRANDON VALASEK CFO & SECRETARY/TREASURER 0 180019 0 0 0 0 0 8620 0 8476 0 197115 0 0 DANA CHANDLER EXECUTIVE DIRECTOR 129875 0 0 0 0 0 6494 0 19274 0 155643 0 0 0 A RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTH OF ATHENS-CLARKE COUNTY 582349667 047056AD8 2007-08-31 4000000 MORTGAGE 0 0 0 A 1490000 4000000 4000000 2007 1 0 1 1 A 0 0 1 1 0 0.00050 0.00050 0 0 0 A 1 1 1 SUNTRUST BANK 30.000000000000 1 0 0 0 1 A 0 FORM 990, PART V, LINE 2A ALL EMPLOYEES ARE EMPLOYED DIRECTLY BY THE PARENT ORGANIZATION, WESLEY WOODS SENIOR LIVING (WWSL), AND LEASED TO THE REPORTING ENTITY. ALL EMPLOYMENT TAX RETURNS WERE FILED BY WWSL. W-2S AND 1099S ARE ISSUED BY RELATED ENTITY WESLEY WOODS SENIOR LIVING, EIN 20-2157051. WESLEY WOODS OF ATHENS, INC REIMBURSES WWSL FOR COMPENSATION, BENEFITS AND PAYROLL TAXES PAID ON THEIR BEHALF. FORM 990, PART VI, SECTION A, LINE 3 A RELATED ENTITY, WESLEY WOODS SENIOR LIVING, INC PROVIDES MANAGEMENT SERVICES TO THE FILING ORGANIZATION AND WAS COMPENSATED $161,126. FORM 990, PART VI, SECTION B, LINE 11B DRAFT COPIES OF THE FORM 990 ARE SUPPLIED TO MEMBERS OF THE AUDIT COMMITTEE OF WESLEY WOODS SENIOR LIVING, INC AND SENIOR MANAGEMENT PRIOR TO A SCHEDULED AUDIT COMMITTEE MEETING. AT THAT MEETING, EACH SECTION OF THE FORM 990 AND ACCOMPANYING SCHEDULES ARE REVIEWED BY THE COMMITTEE AND DISCUSSED THOROUGHLY WITH SENIOR MANAGEMENT AND EXTERNAL AUDITORS, IF NECESSARY. ANY ADDITIONS, DELETIONS AND/OR MODIFICATIONS AGREED UPON BY THE COMMITTEE ARE INCORPORATED INTO THE RETURN. A COPY OF THE FINAL FORM 990 IS THEN PROVIDED TO EACH BOARD MEMBER AND FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS REQUIRED TO BE COMPLETED ANNUALLY BY BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. IN ADDITION, EACH PERSON IS SWORN TO BRING TO THE ATTENTION OF MANAGEMENT OR THE BOARD ANY CONFLICT OF INTEREST THAT SHOULD ARISE DURING THE YEAR. ALL CONFLICT OF INTEREST ISSUES ARE REVIEWED AND APPROVED OR DISAPPROVED BY THE EXECUTIVE COMMITTEE OR BOARD OF DIRECTORS, IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION STUDIES FROM EXECUTIVE SEARCH FIRMS AND/OR SIMILAR STUDIES CONDUCTED BY THE HUMAN RESOURCES DEPARTMENT ARE USED IN DETERMINING THE SALARY OF OFFICERS AND KEY MANAGEMENT PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS NOT PUBLISHED ON ITS WEBSITE. HOWEVER, ANY PERSON REQUESTING A COPY IN PERSON, WRITING, EMAIL, OR BY PHONE WILL BE PROVIDED A PRINTED OR ELECTRONIC COPY OF THE REQUESTED DOCUMENT(S). FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE AUDITOR SELECTION PROCESS OR THE FINANCIAL STATEMENT OVERSIGHT PROCESS. THE SAME AUDITORS AS THE PREVIOUS YEAR CONTINUED TO PERFORM AUDIT SERVICES. WESLEY WOODS INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 582082943 DEVELOP & MAINTAIN RETIREMENT COTTAGES GA 501(C)(3) LINE 10 WESLEY WOODS SENIOR LIVING INC 0 WESLEY WOODS OF NEWNAN-PEACHTREE CITY INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 582190280 CONTINUING CARE RETIREMENT CENTER GA 501(C)(3) LINE 10 WESLEY WOODS SENIOR LIVING INC 0 WESLEY WOODS SENIOR LIVING INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 202157051 ADMINISTRATIVE OVERSIGHT OF SENIOR HOUSING COMMUNITIES GA 501(C)(3) LINE 10 N/A 0 WESLEY WOODS AT HOME INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 822310432 GA 501(C)(3) LINE 10 N/A 0 WESLEY HOMES INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 580909393 RETIREMENT COMMUNITY GA 501(C)(3) LINE 10 WESLEY WOODS SENIOR LIVING INC 0 FOUNDATION OF WESLEY WOODS INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 581543164 SUPPORTING ORGANIZATION GA 501(C)(3) LINE 12C, III-FI N/A 0 WESLEY WOODS MANAGEMENT CORPORATION INC 1817 CLIFTON ROAD NE ATLANTA GA 30329 900336642 CCRC MANAGEMENT SERVICES GA N/A C 0 0 0 1 0 1 0 0 0 0 0 1 0 1 1 1 1 1 0 0