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Nonprofit · EIN 58-1442179

WESLEY HOMES LAKE COUNTY INC

Tax-exempt · CORDOVA, TN 38016

Financials

$540K$508K2023$530K$489K2024
Revenue Expenses · by fiscal year end
Financials of WESLEY HOMES LAKE COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$530,238$489,040$41,198$591,042$535,135$55,907
December 31, 2023990$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.

NameTitleHours / weekCompensation
MARY LOU CUSHINGSECRETARY/TREASURER
Trustee or director, Officer
1$0
CAROL AVENSMEMBER
Trustee or director
1$0
MEREDITH BINGHAMMEMBER
Trustee or director
1$0
AMANDA L WARDCHAIRPERSON
Trustee or director, Officer
1$0
DWIGHT DAVISMEMBER
Trustee or director
1$0
JENNIFER NORRISVICE CHAIRPERSON
Trustee or director, Officer
1$0
PHYLLIS GAYMEMBER
Trustee or director
1$0
HOLLY MITCHENERMEMBER
Trustee or director
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
REV ANDREW THOMPSONCHAIRPERSON
Trustee or director, Officer
1$0
NANCY ALBONETTIVICE CHAIRPERSON
Trustee or director, Officer
1$0
DWIGHT DAVISDIRECTOR
Trustee or director
1$0
AMANDA L WARDDIRECTOR
Trustee or director
1$0
EDDIE SMITHDIRECTOR
Trustee or director
1$0
HOLLY MITCHENERDIRECTOR
Trustee or director
1$0
CAROL AVENSDIRECTOR
Trustee or director
1$0
MEREDITH BINGHAMDIRECTOR
Trustee or director
1$0
JOYCE FEGERDIRECTOR
Trustee or director
1$0
JENNIFER GARSTDIRECTOR
Trustee or director
1$0
PHYLLIS GAYDIRECTOR
Trustee or director
1$0
MARY LOU CUSHINGSECRETARY/TREASURER
Officer
1$0
BRIAN HARRISNON-VOTING CEO
Officer
1$0
RONALD BUDYNASNON-VOTING COO
Officer
1$0
DONALD OLLIONON-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
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.

990 for the year ended December 31, 2024

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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$530,238$489,040$591,042IRS
990December 2023$540,248$507,547$611,053XML
990December 2022$554,798$491,952$623,576IRS
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 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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