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Nonprofiteer
← WESLEYLIFE

Form 990 for tax year 2022

Filed by WESLEYLIFE.

Totals

Total revenue
$10,055,815
Total expenses
$12,365,027
Contributions and grants received
$34,853
Grants paid
$7,275
Program service revenue
$10,154,503
Investment income
-$133,541
Other revenue
$0
Total assets, end of year
$19,888,372
Total liabilities, end of year
$26,352,818
Net assets or fund balances, end of year
-$6,464,446
Program services expenses (Part IX)
$7,275
Management and general expenses
$11,848,382
Fundraising expenses
$509,370
Program service expenses (Part III)
$7,275

Program services were 0.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $34,853

  • 2a · Program service revenue: MANAGEMENT FEES

    total $10,154,503 · related or exempt $10,154,503

  • 3 · Investment income

    total -$184,444 · excluded -$184,444

  • 7a · Gross sales of assets other than inventory

    securities $3,787,313

  • 7b · Less cost or other basis and sales expenses

    securities $3,736,410

  • 7c · Gain or loss

    securities $50,903

  • 7d · Net gain or loss

    total $50,903 · excluded $50,903

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,275 · program services $7,275

  • 5 · Compensation of officers, directors and key employees

    total $176,653 · management and general $176,653

  • 7 · Other salaries and wages

    total $6,141,743 · management and general $5,861,739 · fundraising $280,004

  • 8 · Pension plan contributions

    total $196,139 · management and general $191,795 · fundraising $4,344

  • 9 · Other employee benefits

    total $1,226,449 · management and general $1,172,931 · fundraising $53,518

  • 10 · Payroll taxes

    total $571,095 · management and general $549,604 · fundraising $21,491

  • 11b · Fees: legal

    total $230,926 · management and general $230,926

  • 11c · Fees: accounting

    total $286,649 · management and general $286,649

  • 11f · Fees: investment management

    total $1 · management and general $1

  • 11g · Fees: other

    total $332,490 · management and general $321,523 · fundraising $10,967

  • 12 · Advertising and promotion

    total $681,172 · management and general $638,608 · fundraising $42,564

  • 13 · Office expenses

    total $44,486 · management and general $38,813 · fundraising $5,673

  • 14 · Information technology

    total $716,905 · management and general $696,419 · fundraising $20,486

  • 16 · Occupancy

    total $114,034 · management and general $114,034

  • 17 · Travel

    total $142,332 · management and general $140,605 · fundraising $1,727

  • 19 · Conferences, conventions and meetings

    total $274,280 · management and general $252,448 · fundraising $21,832

  • 20 · Interest

    total $53,885 · management and general $51,401 · fundraising $2,484

  • 22 · Depreciation, depletion and amortization

    total $686,876 · management and general $686,876

  • 23 · Insurance

    total $63,036 · management and general $63,036

  • 24a · Other expenses: EMPLOYEE RECRUITING & R

    total $204,861 · management and general $204,861

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $73,798 · management and general $73,453 · fundraising $345

  • 24c · Other expenses: SUPPLIES & EQUIPMENT

    total $58,689 · management and general $56,180 · fundraising $2,509

  • 24d · Other expenses: CAPITAL CAMPAIGN & FUND

    total $40,792 · fundraising $40,792

  • 24e · All other expenses

    total $40,461 · management and general $39,827 · fundraising $634

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $333,512 · end of year $254,302

  • 2 · Savings and temporary cash investments

    beginning of year $634,592 · end of year $517,256

  • 4 · Accounts receivable

    beginning of year $209,424 · end of year $107,273

  • 8 · Inventories for sale or use

    beginning of year $17,804 · end of year $29,800

  • 9 · Prepaid expenses and deferred charges

    beginning of year $328,053 · end of year $514,626

  • 10a · Land, buildings and equipment: cost or other basis

    $4,966,904

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,717,981

  • 10c · Land, buildings and equipment, net

    beginning of year $3,616,860 · end of year $3,248,923

  • 11 · Investments: publicly traded securities

    beginning of year $3,554,404 · end of year $4,759,118

  • 12 · Investments: other securities

    beginning of year $83,539 · end of year $194,114

  • 13 · Investments: program-related

    beginning of year $9,281,799 · end of year $10,249,386

  • 15 · Other assets

    beginning of year $0 · end of year $13,574

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,530,351 · end of year $3,152,845

  • 23 · Secured mortgages and notes payable

    beginning of year $1,231,723 · end of year $2,533,659

  • 25 · Other liabilities

    beginning of year $12,842,568 · end of year $20,666,314

  • 27 · Net assets without donor restrictions

    beginning of year $432,637 · end of year -$6,525,681

  • 28 · Net assets with donor restrictions

    beginning of year $22,708 · end of year $61,235

Mission and programs · 2022

Mission

WESLEYLIFE IS THE SUPPORTING ORGANIZATION FOR ITS AFFILIATES - WESLEY RETIREMENT SERVICES AND WESLEY COMMUNITY SERVICES (BOTH 501(C)(3) ORGANIZATIONS) - AS WELL AS WESLEY DEVELOPMENT SERVICES, AN LLC DERIVING ITS EXEMPT STATUS FROM WESLEYLIFE. GUIDED BY CHRISTIAN COMPASSION, WESLEYLIFE SUPPORTS THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS WHEREVER THEY CALL HOME. TO HELP ACHIEVE THIS MISSION, THE ORGANIZATION PROVIDES SUPPORT SERVICES SUCH AS ACCOUNTING, FINANCE, HUMAN RESOURCES, MARKETING, INFORMATION TECHNOLOGY, AND PHILANTHROPY THROUGHOUT ITS COMMUNITIES FOR HEALTHY LIVING AND ADDITIONAL LOCATIONS.

Activities or mission (Part I)

WESLEYLIFE IS THE SUPPORTING ORGANIZATION FOR ITS AFFILIATES: WESLEY RETIREMENT SERVICES AND WESLEY COMMUNITY SERVICES (BOTH 501(C)(3) ORGANIZATIONS), AS WELL AS WESLEY DEVELOPMENT SERVICES, AN LLC DERIVING ITS EXEMPT STATUS FROM WESLEYLIFE. THE MISSION OF WESLEYLIFE IS TO ENHANCE THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS. IT DOES THIS BY PROVIDING SUPPORTING SERVICES SUCH AS ACCOUNTING, FINANCE, HUMAN RESOURCES, MARKETING, INFORMATION TECHNOLOGY, AND PHILANTHROPY THROUGHOUT ITS AFFILIATES.

  • WESLEYLIFE WAS ESTABLISHED IN DECEMBER 2010 AS A SUPPORTING ORGANIZATION FOR WESLEY RETIREMENT SERVICES, INC. (WRS) AND WESLEY COMMUNITY SERVICES, INC. (WCS). WRS WAS ESTABLISHED IN 1947 (ORIGINALLY AS WESLEY ACRES, INC.) AS A FAITH-BASED NON-PROFIT ORGANIZATION, AND HAS SINCE DEDICATED ITSELF TO PROVIDING HOUSING, HEALTHCARE, AND SUPPORT SERVICES EXCLUSIVELY TO OLDER ADULTS IN WAYS THAT ENHANCE A SENSE OF PURPOSE AND MEANING IN THE LIVES OF THOSE WE SERVE. WCS WAS ESTABLISHED IN 2005 TO PROVIDE SERVICES TO OLDER ADULTS AS WELL AS THOSE IN FINANCIAL NEED THROUGH HOME HEALTHCARE, NON-MEDICAL IN-HOME SERVICES, NUTRITION, TRANSPORTATION, AND HOSPICE SERVICES. WE ALSO OFFER ADULT DAY SERVICES IN TWO MARKETS: DES MOINES AND NEWTON.WESLEY DEVELOPMENT SERVICES WAS CREATED IN FEBRUARY 2011 TO PROVIDE MARKET RESEARCH AS WELL AS PROJECT DESIGN, MANAGEMENT, MONITORING, AND MARKETING RELATED TO NEW COMMUNITIES FOR WESLEYLIFE AND ITS AFFILIATES. AS TRENDS IN RETIREMENT LIVING CONTINUE TO CHANGE, WE HAVE RESPONDED WITH SERVICES AND PROGRAMMING DESIGNED TO MEET THE NEEDS OF A YOUNGER, MORE ACTIVE CUSTOMER.WESLEYLIFE CURRENTLY OWNS AND OPERATES EIGHT COMMUNITIES FOR HEALTHY LIVING IN IOWA THROUGH WESLEY RETIREMENT SERVICES, INC. (WRS) THAT OFFER A FULL CONTINUUM OF SERVICES. THOSE COMMUNITIES ARE: WESLEY ON GRAND IN DES MOINES; HALCYON HOUSE IN WASHINGTON; HERITAGE HOUSE IN ATLANTIC; THE VILLAGE IN INDIANOLA; PARK CENTRE IN NEWTON; EDGEWATER IN WEST DES MOINES; HEARTHSTONE IN PELLA; AND BRIO OF JOHNSTON IN JOHNSTON, IOWA.IN 2022, WRS AND WCS PROVIDED HOUSING AND SERVICES FOR 8,547 OLDER IOWANS VIA MORE THAN 1,800 DEDICATED AND PASSIONATE TEAM MEMBERS. GUIDED BY OUR ORGANIZATIONAL CO, RE VALUES OF QUALITY, EXCELLENCE, HOSPITALITY AND INNOVATION, WE ARE COMMITTED TO RESPONSIBLE STEWARDSHIP OF OUR RESIDENTS' RESOURCES TO IMPROVE THE LIVES OF THOSE WE SERVE. AS A NON-PROFIT ORGANIZATION, WE UNDERSTAND OUR RESPONSIBILITY AND OBLIGATION TO OPERATE WITH TRANSPARENCY, HONESTY, AND INTEGRITY IN ALL WE DO. COMMUNITY BENEFITS FROM 2022 INCLUDE:- WESLEYLIFE PROVIDED $6,909,592 IN BENEVOLENT CARE TO OUR RESIDENTS, PARTICIPANTS AND CLIENTS. RESIDENTS WHO DEPLETED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN RECEIVED $2,673,500 OF CHARITABLE ASSISTANCE THROUGH EACH COMMUNITY'S GOOD SAMARITAN OR GOOD SHEPHERD FUND TO ALLOW THEM TO REMAIN IN THEIR APARTMENTS OR TOWNHOMES. CLIENTS AND PARTICIPANTS OF WESLEY COMMUNITY SERVICES RECEIVED $186,287 IN CHARITABLE DONATIONS TO HELP THEM REMAIN INDEPENDENT AT HOME.

    Expenses $7,275 · Grants $7,275 · Revenue $10,154,503

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rob Kretzinger

    PRESIDENT & CEO

    Total calculated
    $881,774
    From this org
    $65,688
    From related orgs
    $755,419
    Other
    $60,667
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $49,498 + $569,232 related
    Bonus
    $14,235 + $163,708 related
    Other
    $1,955 + $22,479 related
    Deferred
    $2,160 + $24,840 related
    Nontaxable benefits
    $2,693 + $30,974 related
    Filer's total
    $70,541 + $811,233 related

  • Craig Flanagan

    CFO

    Total calculated
    $342,206
    From this org
    $24,794
    From related orgs
    $285,136
    Other
    $32,276
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $24,123 + $277,417 related
    Bonus
    $8 + $92 related
    Other
    $663 + $7,627 related
    Deferred
    $753 + $8,665 related
    Nontaxable benefits
    $1,829 + $21,029 related
    Filer's total
    $27,376 + $314,830 related

  • Erin Hilligan

    COO

    Total calculated
    $342,328
    From this org
    $66,736
    From related orgs
    $223,421
    Other
    $52,171
    Hours/week
    9 + 31 related

    Schedule J breakdown matched by us

    Base
    $66,257 + $221,819 related
    Bonus
    $0
    Other
    $479 + $1,602 related
    Deferred
    $5,104 + $17,086 related
    Nontaxable benefits
    $6,896 + $23,085 related
    Filer's total
    $78,736 + $263,592 related

  • Kristy Can Der Wiel

    CHIEF CULTURE OFFICER

    Total calculated
    $247,159
    From this org
    $235,604
    From related orgs
    $0
    Other
    $11,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,378
    Bonus
    $0
    Other
    $9,226
    Deferred
    $7,105
    Nontaxable benefits
    $4,450
    Filer's total
    $247,159

  • Janet Simpson

    VP NETWORK OPERATIONS

    Total calculated
    $267,124
    From this org
    $226,435
    From related orgs
    $0
    Other
    $40,689
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,859
    Bonus
    $0
    Other
    $8,576
    Deferred
    $6,888
    Nontaxable benefits
    $33,801
    Filer's total
    $267,124

  • Matt Garcia

    REGIONAL DIRCTOR NETWORK OPERATIONS

    Total calculated
    $245,161
    From this org
    $209,485
    From related orgs
    $0
    Other
    $35,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,375
    Bonus
    $6,720
    Other
    $390
    Deferred
    $0
    Nontaxable benefits
    $35,676
    Filer's total
    $245,161

  • Amy Hutchins

    CHIEF MARKETING OFFICER

    Total calculated
    $221,267
    From this org
    $192,063
    From related orgs
    $0
    Other
    $29,204
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,783
    Bonus
    $0
    Other
    $280
    Deferred
    $0
    Nontaxable benefits
    $29,204
    Filer's total
    $221,267

  • Amber Wentz

    VP INFO SOLUTIONS

    Total calculated
    $215,621
    From this org
    $180,261
    From related orgs
    $0
    Other
    $35,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,916
    Bonus
    $0
    Other
    $345
    Deferred
    $5,483
    Nontaxable benefits
    $29,877
    Filer's total
    $215,621

  • Chad Rasmussen

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Susan Osweiler

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Kevin Lagree

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Kip Albertson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Abbey Gilroy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Nick Henderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Barbara Decker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Bob Ruch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • David Stout

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Dr Christina Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
ROB KRETZINGER, PRESIDENT & CEO, RECEIVED $3,000 FOR SOCIAL CLUB DUES; THIS BENEFIT WAS INCLUDED IN HIS TAXABLE W-2 COMPENSATION.
PART I, LINE 3
WESLEYLIFE DETERMINES THE CEO'S COMPENSATION. WESLEYLIFE, WCS AND WRS HAVE THE SAME BOARD MEMBERS. SEE SCHEDULE O FOR THE NARRATIVE RELATED TO FORM 990, PART VI, LINE 15 FOR FURTHER INFORMATION.
PART I, LINE 4B
THE FOLLOWING INDIVIDUALS RECEIVED CONTRIBUTIONS INTO THEIR 457(F) DEFERRED COMPENSATION PLAN IN 2022: JANET SIMPSON - $15,000 KRISTY VANDERWIEL - $8,500

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WESLEY DEVELOPMENT SERVICES LLC

    DEVELOPMENT SERVICES · IA · income $814,141 · assets $1,789,071

    Directly controlled by WESLEYLIFE

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303199349329305

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