Skip to main content

Nonprofit · EIN 31-1509536

WESLEY STAGE PARK INC

Tax-exempt · CORDOVA, TN 38016

Financials

$522K$646K2023$796K$932K2024
Revenue Expenses · by fiscal year end
Financials of WESLEY STAGE PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$795,749$931,617-$135,868$2,220,998$3,951,554-$1,730,556
December 31, 2023990$521,821$646,261-$124,440$2,262,807$3,857,495-$1,594,688
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$216,413
of which government grants
$216,413
Program service revenue
$276,290
Investment income
$1,772
Net gain from sales of assets
-$1,342
Other revenue
$301,274

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$79,381
Salaries, compensation and benefits (total)
$108,133
Professional fundraising fees
$0
Legal fees
$993
Accounting fees
$15,501
Occupancy
$353,297
Depreciation
$113,405
Program services (functional)
$832,107
Management and general (functional)
$99,510

Balance sheet and other

Total assets, start of year
$2,262,807
Total assets, end of year
$2,220,998
Total liabilities, end of year
$3,951,554
Net assets, end of year
-$1,730,556
Land, buildings and equipment
$1,751,016
Net assets without donor restrictions
-$1,730,556
Gross receipts
$797,091
Employees
0
Volunteers
8
Year formed
1998
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DWIGHT DAVISMEMBER
Trustee or director
1$0
AMANDA L WARDCHAIRPERSON
Trustee or director, Officer
1$0
HOLLY MITCHENERMEMBER
Trustee or director
1$0
CAROL AVENSMEMBER
Trustee or director
1$0
MEREDITH BINGHAMMEMBER
Trustee or director
1$0
JENNIFER NORRISVICE CHAIRPERSON
Trustee or director, Officer
1$0
PHYLLIS GAYMEMBER
Trustee or director
1$0
MARY LOU CUSHINGSECRETARY/TREASURER
Trustee or director, Officer
1$0
BRIAN HARRISNON-VOTING CEO
Officer
1$0
DONALD OLLIONON-VOTING CFO
Officer
1$0
RONALD BUDYNASNON-VOTING COO
Officer
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
DWIGHT DAVISMEMBER
Trustee or director
1$0
AMANDA L WARDMEMBER
Trustee or director
1$0
EDDIE SMITHMEMBER
Trustee or director
1$0
HOLLY MITCHENERMEMBER
Trustee or director
1$0
CAROL AVENSMEMBER
Trustee or director
1$0
MEREDITH BINGHAMMEMBER
Trustee or director
1$0
JOYCE FEGERMEMBER
Trustee or director
1$0
JENNIFER GARSTMEMBER
Trustee or director
1$0
PHYLLIS GAYMEMBER
Trustee or director
1$0
REV ANDREW THOMPSONCHAIRPERSON
Trustee or director, Officer
1$0
NANCY ALBONETTIVICE CHAIRPERSON
Trustee or director, Officer
1$0
BRIAN HARRISNON-VOTING CEO
Officer
1$0
DONALD OLLIONON-VOTING CFO
Officer
1$0
RONALD BUDYNASNON-VOTING COO
Officer
1$0
MARY LOU CUSHINGSECRETARY/TREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
1615 APPLING RD, CORDOVA, TN 38016-4907
Principal officer (990 for 2024)
BRIAN HARRIS, 1615 APPLING ROAD, CORDOVA, TN 38016
Signed the 990
DON OLLIO, CFO
Phone
(901) 380-4900
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

WESLEY STAGE PARK, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN JANUARY 1998, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 66-UNIT COMMUNITY LOCATED IN MEMPHIS, TENNESSEE KNOWN AS WESLEY STAGE PARK, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.

990 for the year ended December 31, 2024

Program accomplishments

  • WESLEY STAGE PARK, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN JANUARY 1998, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 66-UNIT COMMUNITY LOCATED IN MEMPHIS, TENNESSEE KNOWN AS WESLEY STAGE PARK, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
    Expenses $832,107 · revenue $274,948

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1509536
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,220,998
Income (IRS master file)
$797,091

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$795,749$931,617$2,220,998XML
990December 2023$521,821$646,261$2,262,807XML
990December 2022$494,459$585,240$2,293,496IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1509536).

Questions about WESLEY STAGE PARK INC

What is the EIN of WESLEY STAGE PARK INC?
The employer identification number (EIN) of WESLEY STAGE PARK INC is 31-1509536.
Is WESLEY STAGE PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to WESLEY STAGE PARK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESLEY STAGE PARK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WESLEY STAGE PARK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WESLEY STAGE PARK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WESLEY STAGE PARK INC?
The 990 for the year ended December 31, 2024 names BRIAN HARRIS.
Who are the officers and directors of WESLEY STAGE PARK INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does WESLEY STAGE PARK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $795,749, expenses of $931,617 and total assets of $2,220,998 at year end.

Other nonprofits in CORDOVA

All nonprofits in CORDOVA · Tennessee · Housing and shelter