Form 990 for tax year 2022
Filed by WESLEYAN FOUNDATION FOR HEALTH AND AGING INC.
Totals
- Total revenue
- $3,335,574
- Total expenses
- $39,085
- Contributions and grants received
- $2,074,232
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,261,342
- Other revenue
- $0
- Total assets, end of year
- $31,573,028
- Total liabilities, end of year
- $7,635,875
- Net assets or fund balances, end of year
- $23,937,153
- Program services expenses (Part IX)
- $4,152
- Management and general expenses
- $34,933
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,152
Program services were 10.6% 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.
-
1d · Related organizations
$1,800,000
-
1f · All other contributions, gifts and grants
$274,232
-
3 · Investment income
total $488,369 · excluded $488,369
-
7a · Gross sales of assets other than inventory
securities $1,759,149
-
7b · Less cost or other basis and sales expenses
securities $986,176
-
7c · Gain or loss
securities $772,973
-
7d · Net gain or loss
total $772,973 · excluded $772,973
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $13,200 · management and general $13,200
-
11f · Fees: investment management
total $20,176 · management and general $20,176
-
11g · Fees: other
total $2,595 · program services $2,595
-
23 · Insurance
total $3,114 · program services $1,557 · management and general $1,557
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $224,656 · end of year $82,989
-
9 · Prepaid expenses and deferred charges
beginning of year $1,024 · end of year $2,486
-
11 · Investments: publicly traded securities
beginning of year $14,156,968 · end of year $22,023,728
-
12 · Investments: other securities
beginning of year $6,009,726 · end of year $8,633,886
-
15 · Other assets
beginning of year $686,397 · end of year $829,939
-
17 · Accounts payable and accrued expenses
beginning of year $3,700 · end of year $4,680
-
25 · Other liabilities
beginning of year $1,614,815 · end of year $7,631,195
-
27 · Net assets without donor restrictions
beginning of year $16,863,925 · end of year $21,197,280
-
28 · Net assets with donor restrictions
beginning of year $2,596,331 · end of year $2,739,873
Mission and programs · 2022
Mission
TO RAISE FUND, HOLD INVESTMENT ASSETS, AND DISTRIBUTE FUNDS TO AFFILIATES TO SUPPORT THE GENERAL OPERATION OF "UMH AND ITS AFFLIATES.
Activities or mission (Part I)
TO RAISE, HOLD, AND INVEST ASSETS OF THE UNITED METHODIST HOMES, INC. ("UMH") AND ITS AFFLIATES TO FUND FOR AND CARE FOR THE RESIDENTS OF UMH.
-
TO RAISE AND DISTRIBUTE FUNDS TO AFFILIATES THAT CARE FOR SENIORS.
Expenses $4,152
As filed on the 2022 return.
Listed in Part VII
-
David M LawlorDAVID M LAWLOR
PRESIDENT/TREASURER
- Total calculated
- $580,029
- From this org
- $0
- From related orgs
- $550,483
- Other
- $29,546
- Hours/week
- 1 + 46 related
Schedule J breakdown matched by us
- Base
- $0 + $550,483 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $28,520 related
- Nontaxable benefits
- $0 + $1,026 related
- Filer's total
- $0 + $580,029 related
-
Martin SchwagerMARTIN SCHWAGER
DIRECTOR / CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
John D AmblerJOHN D AMBLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chad CartierCHAD CARTIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John O'DonnellJOHN O'DONNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Anthony D'SouzaANTHONY D'SOUZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Maureen GormanMAUREEN GORMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Nancy JohmannNANCY JOHMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Rob LeskoROB LESKO
DIRECTOR THRU
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Robert MillerROBERT MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Denise MortatiDENISE MORTATI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jay S NickseJAY S NICKSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Fred OrtoliFRED ORTOLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Donna A ParisiDONNA A PARISI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jason PerilloJASON PERILLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William PurcellWILLIAM PURCELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
James RyanJAMES RYAN
DIRECTOR THRU
- Total calculated
- $0
- Hours/week
- 2
-
Danielle SwiftDANIELLE SWIFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
James F TomchikJAMES F TOMCHIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Zvonimir JukicZVONIMIR JUKIC
VICE PRESIDENT OF FINANCE
- Total calculated
- $210,507
- From this org
- $0
- From related orgs
- $197,758
- Other
- $12,749
- Hours/week
- 1 + 46 related
Schedule J breakdown matched by us
- Base
- $0 + $197,758 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $5,490 related
- Nontaxable benefits
- $0 + $7,259 related
- Filer's total
- $0 + $210,507 related
-
Victoria DompierreVICTORIA DOMPIERRE
SECRETARY
- Total calculated
- $77,376
- From this org
- $0
- From related orgs
- $73,936
- Other
- $3,440
- Hours/week
- 0.5 + 39.5 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.
-
BISHOP WICKE HEALTH AND REHABILITATION CENTER INC
501(C)(3) · SKILLED NURSING FACILITY · CT
Directly controlled by UNITED METHODIST HOMES INC
-
501(C)(3) · ASSISTED LIVING SERVICES · CT
Directly controlled by UNITED METHODIST HOMES INC
-
501(C)(3) · ASSISTED LIVING SERVICES · CT
Directly controlled by UNITED METHODIST HOMES INC
-
501(C)(3) · ASSISTED LIVING SERVICES · CT
Directly controlled by UNITED METHODIST HOMES INC
-
501(C)(3) · SENIOR RETIREMENT HOUSING · CT
Directly controlled by UNITED METHODIST HOMES INC
-
501(C)(3) · HEALTH CARE SERVICES · CT
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.
-
THE LONG HILL COMPANY
C · SERVICE MANAGEMENT · CT
Directly controlled by UNITED METHODIST HOMES INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202412289349303931
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