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Nonprofit · EIN 88-2893273

WESLEYLIFE FOUNDATION

Tax-exempt · JOHNSTON, IA 50131

Financials

$10.1M$10.1M2023$4M$4M2024
Revenue Expenses · by fiscal year end
Financials of WESLEYLIFE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,982,101$3,981,930$171$270,940$270,769$171
December 31, 2023990 (amended)$10,121,339$10,121,339$0$90,180$90,180$0
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,981,930
Program service revenue
$0
Investment income
$171
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,372,980
Other salaries and wages
$368,526
Salaries, compensation and benefits (total)
$468,979
Professional fundraising fees
$0
Travel
$3,326
Program services (functional)
$3,940,553
Management and general (functional)
$17,212
Fundraising (functional)
$24,165

Balance sheet and other

Total assets, start of year
$90,180
Total assets, end of year
$270,940
Total liabilities, end of year
$270,769
Net assets, end of year
$171
Net assets without donor restrictions
$171
Gross receipts
$3,982,101
Employees
0
Volunteers
9
Year formed
2022
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROB KRETZINGERPRESIDENT AND CEO
Trustee or director, Officer
4$0$898,562$61,972
CRAIG FLANAGANCFO
Officer
4$0$344,064$30,002
SOPHIA AHMADVP OF PHILANTHROPY
Key employee
40$200,908$0$37,796
TRAVIS SIMPSONCHAIR
Trustee or director, Officer
1$0$0$0
NATHANIEL DODDRIDGEVICE CHAIR
Trustee or director, Officer
1$0$0$0
SUZIE GLAZER BURTBOARD MEMBER
Trustee or director
1$0$0$0
SCOTT HARRINGTONBOARD MEMBER
Trustee or director
1$0$0$0
CHRISTINE LONGBOARD MEMBER
Trustee or director
1$0$0$0
GAYLE POORTINGABOARD MEMBER
Trustee or director
1$0$0$0
CHAD RASMUSSENBOARD MEMBER
Trustee or director
1$0$0$0
LOIS VERMEERBOARD MEMBER
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROB KRETZINGERPRESIDENT AND CEO
Trustee or director, Officer
4$0$848,714$40,147
CRAIG FLANAGANCFO
Officer
4$0$327,637$35,569
SOPHIA AHMADVP OF PHILANTHROPHY
Trustee or director, Officer
40$0$191,477$39,986
TRAVIS SIMPSONCHAIR
Trustee or director, Officer
1$0$0$0
NATHANIEL DODDRIDGEVICE CHAIR
Trustee or director, Officer
1$0$0$0
CONNIE ISSACSONVICE CHAIR
Trustee or director
1$0$0$0
CHRISTINE COONSBOARD MEMBER
Trustee or director
1$0$0$0
SCOTT HARRINGTONBOARD MEMBER
Trustee or director
1$0$0$0
KATHRYN KUNERTBOARD MEMBER
Trustee or director
1$0$0$0
GLEN LEWISBOARD MEMBER
Trustee or director
1$0$0$0
LOIS VERMEERBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
5508 NW 88TH STREET, JOHNSTON, IA 50131-3005
In care of
% ROB KRETZINGER
Mailing address (990-N for 2022)
5508 NW 88th St, Johnston IA 50131
Principal officer (990 for 2024)
ROB KRETZINGER, 5508 NW 88TH STREET, JOHNSTON, IA 50131
Principal officer (990-N for 2022)
Rob Kretzinger, 5508 NW 88th St, Johnston IA 50131
Signed the 990
CRAIG FLANAGAN, CFO
Phone
(515) 271-6794
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

GUIDED BY CHRISTIAN COMPASSION, WE PROVIDE THE NEEDED RESOURCES TO SUPPORT THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS WHEREVER THEY CALL HOME.

990 for the year ended December 31, 2024

Program accomplishments

  • WESLEYLIFE FOUNDATION IS AN ORGANIZATION FORMED TO SUPPORT THE CHARITABLE MISSION OF THE WESLEYLIFE CHARITABLE ENTITIES INCLUDING WESLEY RETIREMENT SERVICES, AND WESLEY COMMUNITY SERVICESTHE WESLEYLIFE COMMUNITY ORGANIZATIONS ARE ALL TAX-EXEMPT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND FUNCTION TO ENHANCE THE INDEPENDENCE, HEALTH, AND WELLBEING OF OLDER ADULTS TO TRANSFORM THE AGING EXPERIENCE SO THAT OLDER ADULTS LIVE BETTER AND LONGER.THE FOUNDATIONS ACTIVITIES FOCUS ON CONSOLIDATING THE FUNDRAISING ACTIVITIES BY THE WESLEYLIFE COMMUNITY ORGANIZATIONS, AND WHILE NOT SECTION 509(A)(3) SUPPORTING ORGANIZATION, IT IS ORGANIZED AND OPERATED TO EXCLUSIVELY SUPPORT THE SECTION 501(C)(3) WESLEYLIFE COMMUNITY ORGANIZATIONS.TO ENSURE THE FOUNDATIONS MISSION ALIGNS WITH THE WESLEYLIFE COMMUNITY, ITS SOLE MEMBER IS WESLEYLIFE, WHICH IS AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND IS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION AND IS A SUPPORTING ORGANIZATION TO THE WESLEYLIFE COMMUNITY ORGANIZATIONS. AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION, THE SOLE MEMBER WILL ALSO SUPPORT THE FOUNDATION AS ANOTHER SECTION 509(A)(1) PUBLIC CHARITY AND MEMBER OF THE WESLEYLIFE COMMUNITY.
    Expenses $3,940,553 · grants $3,372,980
  • WESLEYLIFE FOUNDATION WAS ESTABLISHED TO SUPPORT WESLEYLIFE, WHICH IS ROOTED IN THE BELIEF THAT EVERYONE DESERVES THE OPPORTUNITY TO LIVE A LIFE OF ONGOING GROWTH, EXPERIENCE, ENGAGEMENT AND MEANING, REGARDLESS OF THEIR PHYSICAL, SOCIAL OR ECONOMIC CIRCUMSTANCES. THE FOUNDATION WORKS CLOSELY WITH WESLEYLIFE TO MANAGE FINANCIAL RESOURCES AND TO SERVE AS RESPONSIBLE STEWARDS.WESLEYLIFE FOUNDATION DISTRIBUTES 100 PERCENT OF ITS CONTRIBUTIONS TO WESLEYLIFE, WHICH HOLDS PERMANENT AND TEMPORARY RESTRICTED NET ASSETS ON BEHALF OF THE FOUNDATION AND AS OF DECEMBER 31, 2024, AMOUNTED TO $32,357,947. THESE FUNDS ARE UTILIZED IN COLLABORATION WITH THE FOUNDATION AND IN ACCORDANCE WITH WESLEYLIFE'S INVESTMENT POLICY, AND THEY DIRECTLY IMPACT AND ENHANCE SERVICES THAT SUPPORT THE INDEPENDENCE, HEALTH AND WELL-BEING OF OLDER ADULTS, WHEREVER THEY CALL HOME.

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
88-2893273
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$270,940
Income (IRS master file)
$3,982,101

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,982,101$3,981,930$270,940IRS
990December 2023$10,121,339$10,121,339$90,180XML
990-N for 2022
Officer: Rob Kretzinger
December 31, 2022≤ $50,000 receipts––e-Postcard

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 88-2893273).

Questions about WESLEYLIFE FOUNDATION

What is the EIN of WESLEYLIFE FOUNDATION?
The employer identification number (EIN) of WESLEYLIFE FOUNDATION is 88-2893273.
Is WESLEYLIFE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to WESLEYLIFE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESLEYLIFE FOUNDATION 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 WESLEYLIFE FOUNDATION 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 WESLEYLIFE FOUNDATION 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 WESLEYLIFE FOUNDATION?
The 990 for the year ended December 31, 2024 names ROB KRETZINGER.
Who are the officers and directors of WESLEYLIFE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization.
How much revenue does WESLEYLIFE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,982,101, expenses of $3,981,930 and total assets of $270,940 at year end.

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