Nonprofit · EIN 58-1442179
WESLEY HOMES LAKE COUNTY INC
Tax-exempt · CORDOVA, TN 38016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $530,238 | $489,040 | $41,198 | $591,042 | $535,135 | $55,907 |
| December 31, 2023 | 990 | $540,248 | $507,547 | $32,701 | $611,053 | $596,344 | $14,709 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $368,161
- of which government grants
- $368,161
- Program service revenue
- $162,399
- Investment income
- -$322
- Net gain from sales of assets
- -$350
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $48,033
- Salaries, compensation and benefits (total)
- $70,107
- Professional fundraising fees
- $0
- Legal fees
- $6,413
- Accounting fees
- $13,795
- Occupancy
- $232,582
- Depreciation
- $52,902
- Program services (functional)
- $402,675
- Management and general (functional)
- $86,365
Balance sheet and other
- Total assets, start of year
- $611,053
- Total assets, end of year
- $591,042
- Total liabilities, end of year
- $535,135
- Net assets, end of year
- $55,907
- Land, buildings and equipment
- $220,510
- Net assets without donor restrictions
- $55,907
- Gross receipts
- $530,588
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1985
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY LOU CUSHING | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| CAROL AVENS | MEMBER Trustee or director | 1 | $0 |
| MEREDITH BINGHAM | MEMBER Trustee or director | 1 | $0 |
| AMANDA L WARD | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| DWIGHT DAVIS | MEMBER Trustee or director | 1 | $0 |
| JENNIFER NORRIS | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| PHYLLIS GAY | MEMBER Trustee or director | 1 | $0 |
| HOLLY MITCHENER | MEMBER Trustee or director | 1 | $0 |
| BRIAN HARRIS | NON-VOTING CEO Officer | 1 | $0 |
| DONALD OLLIO | NON-VOTING CFO Officer | 1 | $0 |
| RONALD BUDYNAS | NON-VOTING COO Officer | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV ANDREW THOMPSON | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| NANCY ALBONETTI | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| DWIGHT DAVIS | DIRECTOR Trustee or director | 1 | $0 |
| AMANDA L WARD | DIRECTOR Trustee or director | 1 | $0 |
| EDDIE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| HOLLY MITCHENER | DIRECTOR Trustee or director | 1 | $0 |
| CAROL AVENS | DIRECTOR Trustee or director | 1 | $0 |
| MEREDITH BINGHAM | DIRECTOR Trustee or director | 1 | $0 |
| JOYCE FEGER | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER GARST | DIRECTOR Trustee or director | 1 | $0 |
| PHYLLIS GAY | DIRECTOR Trustee or director | 1 | $0 |
| MARY LOU CUSHING | SECRETARY/TREASURER Officer | 1 | $0 |
| BRIAN HARRIS | NON-VOTING CEO Officer | 1 | $0 |
| RONALD BUDYNAS | NON-VOTING COO Officer | 1 | $0 |
| DONALD OLLIO | NON-VOTING CFO 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
- Website
- WWW.WESLEYLIVING.COM
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
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.
Program accomplishments
- 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.Expenses $402,675 · revenue $162,049
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
- 58-1442179
- 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
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $591,042
- Income (IRS master file)
- $530,588
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $530,238 | $489,040 | $591,042 | IRS |
| 990 | December 2023 | $540,248 | $507,547 | $611,053 | XML |
| 990 | December 2022 | $554,798 | $491,952 | $623,576 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 58-1442179).
Questions about WESLEY HOMES LAKE COUNTY INC
- What is the EIN of WESLEY HOMES LAKE COUNTY INC?
- The employer identification number (EIN) of WESLEY HOMES LAKE COUNTY INC is 58-1442179.
- Is WESLEY HOMES LAKE COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to WESLEY HOMES LAKE COUNTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WESLEY HOMES LAKE COUNTY 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 HOMES LAKE COUNTY 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 HOMES LAKE COUNTY 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 HOMES LAKE COUNTY INC?
- The 990 for the year ended December 31, 2024 names BRIAN HARRIS.
- Who are the officers and directors of WESLEY HOMES LAKE COUNTY INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does WESLEY HOMES LAKE COUNTY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $530,238, expenses of $489,040 and total assets of $591,042 at year end.
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