Nonprofit · EIN 42-0680440
WESLEY RETIREMENT SERVICES INC
Also known as HALCYON HOUSE
Tax-exempt · JOHNSTON, IA 50131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $110,706,755 | $108,738,113 | $1,968,642 | $329,365,593 | $297,019,067 | $32,346,526 |
| December 31, 2023 | 990 (amended) | $106,996,722 | $102,399,514 | $4,597,208 | $306,578,903 | $284,700,142 | $21,878,761 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,908,392
- Program service revenue
- $105,561,863
- Investment income
- $3,236,500
- Net gain from sales of assets
- $655,630
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,416,468
- Other salaries and wages
- $51,271,529
- Salaries, compensation and benefits (total)
- $63,848,042
- Professional fundraising fees
- $0
- Accounting fees
- $3,899
- Occupancy
- $8,750,430
- Travel
- $215,511
- Depreciation
- $13,907,551
- Program services (functional)
- $99,462,750
- Management and general (functional)
- $8,427,207
- Fundraising (functional)
- $848,156
Balance sheet and other
- Total assets, start of year
- $306,578,903
- Total assets, end of year
- $329,365,593
- Total liabilities, end of year
- $297,019,067
- Net assets, end of year
- $32,346,526
- Land, buildings and equipment
- $207,293,295
- Publicly traded securities
- $50,447,789
- Net assets without donor restrictions
- $10,987,373
- Net assets with donor restrictions
- $21,359,153
- Gross receipts
- $112,919,128
- Employees
- 3,189
- Volunteers
- 500
- Year formed
- 1947
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROB KRETZINGER | PRESIDENT & CEO Officer | 26 | $494,209 | $404,353 | $61,972 |
| ALLISON MERCURIS PENDROY | COO Officer | 26 | $213,057 | $154,950 | $59,225 |
| CRAIG FLANAGAN | CFO Officer | 26 | $189,235 | $154,829 | $30,002 |
| DAMON BUSKOHL | WESLEY ON GRAND EXECUTIVE DIR Key employee | 40 | $214,648 | $0 | $39,304 |
| NANCY BLOWERS-HAMILTON | COTTAGES EXECUTIVE DIRECTO Key employee | 40 | $162,558 | $0 | $36,918 |
| PETER GRAY | HERITAGE HOUSE EXECUTIVE D Highest-paid employee | 40 | $151,874 | $0 | $26,239 |
| HEATHER VENZ-FRANK | THE VILLAGE EXECUTIVE DIRE Highest-paid employee | 40 | $141,990 | $0 | $30,025 |
| VANI TSCHANTZ | ED HALCYON HOUSE Highest-paid employee | 40 | $133,865 | $0 | $34,744 |
| ABBY HARLACHER | EDGEWATER EXECUTIVE DIRECT Highest-paid employee | 40 | $140,232 | $0 | $22,260 |
| TERESA KRUEGER | BRIO EXECUTIVE DIRECTOR Highest-paid employee | 40 | $128,016 | $0 | $2,958 |
| CHAD RASMUSSEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN OSWEILER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTINA TAYLOR | CHIEF MEDICAL OFFICER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KIP ALBERTSON | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KARI COOLING | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICK HENDERSON | DIRECTOR Trustee or director, Officer | 1 | $0 |
| BARBARA DECKER | DIRECTOR Trustee or director, Officer | 1 | $0 |
| BOB RUCH | DIRECTOR Trustee or director, Officer | 1 | $0 |
| DAVID STOUT | DIRECTOR Trustee or director, Officer | 1 | $0 |
| LAURA JACKSON | DIRECTOR Trustee or director, Officer | 1 | $0 |
| JOHN MOORLACH | DIRECTOR Trustee or director, Officer | 1 | $0 |
| RICH WILLIS | DIRECTOR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROB KRETZINGER | PRESIDENT & CEO Officer | 26 | $466,793 | $381,920 | $40,147 |
| CRAIG FLANAGAN | CFO Officer | 26 | $180,200 | $147,437 | $35,569 |
| DAMON BUSKOHL | WESLEY ON GRAND EXECUTIVE DIR Key employee | 40 | $201,592 | $0 | $44,441 |
| GLEN LEWIS | EDGEWATER EXECUTIVE DIRECT Former | 40 | $175,122 | $0 | $27,922 |
| NANCY BLOWERS-HAMILTON | COTTAGES EXECUTIVE DIRECTO Highest-paid employee | 40 | $149,888 | $0 | $42,388 |
| ALLISON MERCURIS PENDROY | COO Officer | 26 | $89,519 | $73,243 | $13,165 |
| PETER GRAY | HERITAGE HOUSE EXECUTIVE D Highest-paid employee | 40 | $143,324 | $0 | $31,410 |
| HEATHER VENZ-FRANK | THE VILLAGE EXECUTIVE DIRE Highest-paid employee | 40 | $134,373 | $0 | $24,752 |
| VANI TSCHANTZ | HALCYON HOUSE EXECUTIVE DI Highest-paid employee | 40 | $129,098 | $0 | $29,881 |
| TERESA KRUEGER | BRIO EXECUTIVE DIRECTOR Highest-paid employee | 40 | $129,495 | $0 | $17,028 |
| CHAD RASMUSSEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN OSWEILER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN LAGREE | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KIP ALBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KARI COOLING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NICK HENDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBARA DECKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB RUCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID STOUT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DR CHRISTINA TAYLOR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN MOORLACH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5508 NW 88TH ST, JOHNSTON, IA 50131-3005
- Principal officer (990 for 2024)
- ROB KRETZINGER, 5508 NW 88TH ST, JOHNSTON, IA 50131
- Signed the 990
- CRAIG FLANAGAN, CFO
- Phone
- (515) 271-6789
- Website
- WWW.WESLEYLIFE.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
GUIDED BY CHRISTIAN COMPASSION, WESLEYLIFE SUPPORTS THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS WHEREVER THEY CALL HOME. AS A NON-PROFIT ORGANIZATION, WE UNDERSTAND OUR RESPONSIBILITY AND OBLIGATION TO OPERATE WITH TRANSPARENCY, HONESTY, AND INTEGRITY IN ALL WE DO. OUR ORGANIZATIONAL CORE VALUES ARE QUALITY, EXCELLENCE, HOSPITALITY AND INNOVATION. WE ARE COMMITTED TO BE GOOD STEWARDS OF OUR RESIDENTS' RESOURCES TO IMPROVE THE LIVES OF THOSE WE SERVE.
Program accomplishments
- OUR COMMUNITY BENEFITS FROM 2024 INCLUDE: -ACROSS THE ORGANIZATION, NEARLY 400 RESIDENTS WHO DEPLETED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN RECEIVED A TOTAL OF $4,354,793 IN CHARITABLE ASSISTANCE THROUGH GOOD SAMARITAN OR GOOD SHEPHERD FUNDS TO ALLOW THEM TO REMAIN IN THEIR APARTMENTS OR TOWNHOMES.WESLEYLLIFE WIDE TOTA CHARITY CARE WAS $6,549,809.-IN 2024, IN INCREASING OUR REACH TO UNDERSERVED COMMUNITY MEMBERS, MEDICAID DAYS INCREASED BY 10% OVER LAST YEAR TO 72,776 DAYS. -COMMUNITY MEMBERS PARTICIPATED IN VARIOUS SUPPORT GROUPS OFFERED AT OUR COMMUNITIES, INCLUDING GROUPS FOR THOSE LIVING WITH ALZHEIMER'S DISEASE AND OTHER DEMENTIAS AS WELL AS CANCER AND PARKINSON'S DISEASE, AND SEVERAL OF OUR COMMUNITIES ALSO OFFER ROCK STEADY BOXING, A NATIONALLY RECOGNIZED CURRICULUM THAT CAN SLOW THE PROGRESSION OF PARKINSON'S. GROUPS ARE ALSO OPEN TO RESIDENTS' CAREGIVERS AND LOVED ONES.-WE OFFERED LUNCH-AND-LEARNS AND OTHER EDUCATIONAL PROGRAMMING DESIGNED TO PROMOTE HEALTH AND WELL-BEING AMONG OUR RESIDENTS, CLIENTS, AND TEAM MEMBERS.-MORE THAN 494 VOLUNTEERS PROVIDED MORE THAN 19,300 VOLUNTEER HOURS TO RESIDENTS, CLIENTS, AND TEAM MEMBERS. AS WE ARE INTEGRATED MEMBERS OF THE GREATER COMMUNITIES IN WHICH WE ARE LOCATED, OUR IMPACT DOES NOT STOP AT OUR DOORS. WE COLLECTED AND DONATED CLOTHING, COATS, BOOKS, HOUSEHOLD AND CLEANING SUPPLIES, PET FOOD, AND MORE TO AREA CHARITIES.Expenses $99,462,750 · revenue $104,602,389
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0680440
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1950
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $329,365,593
- Income (IRS master file)
- $112,919,128
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $110,706,755 | $108,738,113 | $329,365,593 | IRS |
| 990 | December 2023 | $106,996,722 | $102,399,514 | $306,578,903 | XML |
| 990 | December 2022 | $92,590,271 | $98,213,703 | $290,600,326 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 42-0680440).
Questions about WESLEY RETIREMENT SERVICES INC
- What is the EIN of WESLEY RETIREMENT SERVICES INC?
- The employer identification number (EIN) of WESLEY RETIREMENT SERVICES INC is 42-0680440.
- Is WESLEY RETIREMENT SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
- Are donations to WESLEY RETIREMENT SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WESLEY RETIREMENT SERVICES 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 RETIREMENT SERVICES 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 RETIREMENT SERVICES 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 RETIREMENT SERVICES INC?
- The 990 for the year ended December 31, 2024 names ROB KRETZINGER.
- Who are the officers and directors of WESLEY RETIREMENT SERVICES INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 10 received compensation from the organization, the highest $494,209 (ROB KRETZINGER, PRESIDENT & CEO).
- How much revenue does WESLEY RETIREMENT SERVICES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $110,706,755, expenses of $108,738,113 and total assets of $329,365,593 at year end.
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