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Nonprofiteer
← WESLEY HOMES INC

Form 990 for tax year 2022

Filed by WESLEY HOMES INC.

Totals

Total revenue
$14,208,058
Total expenses
$14,436,256
Contributions and grants received
$1,412,498
Grants paid
$0
Program service revenue
$12,700,981
Investment income
$12,137
Other revenue
$82,442
Total assets, end of year
$19,813,951
Total liabilities, end of year
$11,954,811
Net assets or fund balances, end of year
$7,859,140
Program services expenses (Part IX)
$10,917,827
Management and general expenses
$3,518,429
Fundraising expenses
$0
Program service expenses (Part III)
$10,917,827

Program services were 75.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TERRY BARCROFT

    PRESIDENT & CEO

    Total calculated
    $322,076
    From this org
    $0
    From related orgs
    $298,303
    Other
    $23,773
    Hours/week
    13 + 27 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,303 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,955 related
    Nontaxable benefits
    $0 + $8,818 related
    Filer's total
    $0 + $322,076 related

  • LAURI ANN BROOKS

    DIRECTOR, VPO

    Total calculated
    $227,508
    From this org
    $0
    From related orgs
    $208,347
    Other
    $19,161
    Hours/week
    12 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,347 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,417 related
    Nontaxable benefits
    $0 + $8,744 related
    Filer's total
    $0 + $227,508 related

  • GLENN WARREN

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CATHIE BERGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DIANE VAUGHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • BRANDON VALASEK

    CFO & SECRETARY/TREASURER

    Total calculated
    $176,660
    From this org
    $0
    From related orgs
    $167,784
    Other
    $8,876
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $167,784 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $400 related
    Nontaxable benefits
    $0 + $8,476 related
    Filer's total
    $0 + $176,660 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
12 July 2024
IRS schema version
2022v5.0
Source object
202441949349300244

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