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Nonprofiteer
← WESLEY COMMONS

Form 990 for tax year 2023

Filed by WESLEY COMMONS.

Totals

Total revenue
$28,051,637
Total expenses
$27,434,798
Contributions and grants received
$580,462
Grants paid
$0
Program service revenue
$26,854,487
Investment income
$616,688
Other revenue
$0
Total assets, end of year
$70,809,114
Total liabilities, end of year
$73,438,397
Net assets or fund balances, end of year
-$2,629,283
Program services expenses (Part IX)
$20,512,412
Management and general expenses
$6,784,372
Fundraising expenses
$138,014
Program service expenses (Part III)
$20,512,412

Program services were 74.8% 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

    $580,462

  • 2a · Program service revenue: HEALTHCARE SERVICES

    total $14,209,660 · related or exempt $14,209,660

  • 2b · Program service revenue: MONTHLY SERVICE FEES

    total $9,324,322 · related or exempt $9,324,322

  • 2c · Program service revenue: EARNED ENTRANCE FEES

    total $2,710,876 · related or exempt $2,710,876

  • 2d · Program service revenue: OTHER REVENUE

    total $478,272 · related or exempt $478,272

  • 2e · Program service revenue: FOOD SERVICE INCOME

    total $131,357 · related or exempt $131,357

  • 3 · Investment income

    total $518,833 · excluded $518,833

  • 7a · Gross sales of assets other than inventory

    securities $1,904,595

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

    securities $1,806,740

  • 7c · Gain or loss

    securities $97,855

  • 7d · Net gain or loss

    total $97,855 · excluded $97,855

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,177,015 · program services $860,230 · management and general $307,659 · fundraising $9,126

  • 7 · Other salaries and wages

    total $9,534,930 · program services $6,968,674 · management and general $2,492,326 · fundraising $73,930

  • 8 · Pension plan contributions

    total $354,428 · program services $81,255 · management and general $272,401 · fundraising $772

  • 9 · Other employee benefits

    total $1,401,755 · program services $321,362 · management and general $1,077,338 · fundraising $3,055

  • 10 · Payroll taxes

    total $864,671 · program services $198,232 · management and general $664,554 · fundraising $1,885

  • 11g · Fees: other

    total $1,076,275 · program services $864,446 · management and general $207,429 · fundraising $4,400

  • 12 · Advertising and promotion

    total $280,764 · program services $186,338 · management and general $91,426 · fundraising $3,000

  • 16 · Occupancy

    total $886,175 · program services $659,345 · management and general $225,976 · fundraising $854

  • 20 · Interest

    total $1,761,548 · program services $1,761,548

  • 22 · Depreciation, depletion and amortization

    total $3,938,815 · program services $3,938,815

  • 23 · Insurance

    total $657,561 · management and general $657,561

  • 24a · Other expenses: SUPPLIES

    total $2,807,252 · program services $2,404,904 · management and general $400,788 · fundraising $1,560

  • 24b · Other expenses: CONTRACT SERVICES

    total $1,185,970 · program services $1,096,806 · management and general $89,164

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $788,448 · program services $665,760 · management and general $122,688

  • 24d · Other expenses: OTHER MISCELLANEOUS

    total $268,161 · program services $194,862 · management and general $63,187 · fundraising $10,112

  • 24e · All other expenses

    total $451,030 · program services $309,835 · management and general $111,875 · fundraising $29,320

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $572 · end of year $575

  • 2 · Savings and temporary cash investments

    beginning of year $2,809,269 · end of year $3,089,652

  • 4 · Accounts receivable

    beginning of year $1,238,496 · end of year $2,632,483

  • 8 · Inventories for sale or use

    beginning of year $245,256 · end of year $238,600

  • 9 · Prepaid expenses and deferred charges

    beginning of year $210,866 · end of year $255,850

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

    $100,549,085

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

    $52,036,864

  • 10c · Land, buildings and equipment, net

    beginning of year $49,139,413 · end of year $48,512,221

  • 11 · Investments: publicly traded securities

    beginning of year $4,618,936 · end of year $5,201,124

  • 15 · Other assets

    beginning of year $8,982,930 · end of year $10,878,609

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,042,759 · end of year $2,640,197

  • 19 · Deferred revenue

    beginning of year $24,010,137 · end of year $25,934,048

  • 20 · Tax-exempt bond liabilities

    beginning of year $23,265,000 · end of year $22,505,000

  • 23 · Secured mortgages and notes payable

    beginning of year $16,966,282 · end of year $16,633,199

  • 24 · Unsecured notes and loans payable

    beginning of year $3,160,000 · end of year $2,980,000

  • 25 · Other liabilities

    beginning of year $2,692,153 · end of year $2,745,953

  • 27 · Net assets without donor restrictions

    beginning of year -$7,384,130 · end of year -$5,560,714

  • 28 · Net assets with donor restrictions

    beginning of year $2,493,537 · end of year $2,931,431

Mission and programs · 2023

Mission

WESLEY COMMONS IS A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES VALUE-BASED HEALTH SERVICES, INCLUDING ASSISTED LIVING, INTERMEDIATE AND SKILLED NURSING CARE, SPECIALIZED CARE FOR ALZHEIMER'S AND DEMENTIA-RELATED ILLNESSES, AS WELL AS CRITICAL THERAPY PROGRAMS.

Activities or mission (Part I)

ENRICHING LIVES BY PROVIDING INNOVATIVE LIVING OPPORTUNITIES IN ACCORD WITH CHRISTIAN PRINCIPLES.

  • INDEPENDENT LIVING - WESLEY COMMONS IS A MASTER PLANNED, FULL-SERVICE CONTINUING CARE RETIREMENT COMMUNITY LOCATED ON OVER 158 BEAUTIFUL, WOODED ACRES IN GREENWOOD, SOUTH CAROLINA. THE COMMUNITY OFFERS A FULL RANGE OF SERVICES FOR SENIOR ADULTS - A VARIETY OF INDEPENDENT RESIDENTIAL LIVING NEIGHBORHOODS, WITH THE SECURITY OF QUALITY AND CARING OPTIONS FOR ASSISTED LIVING, ALZHEIMER'S AND DEMENTIA CARE, AND SKILLED NURSING RIGHT ON OUR CAMPUS. THIS GIVES RETIREES THE FREEDOM TO SHAPE THEIR OWN RETIREMENT LIFESTYLE WITH COMFORT. THE COMMUNITY SUPPORTS CRITICAL THERAPY PROGRAMS TO INSURE COMPREHENSIVE CARE.

    Expenses $8,048,548 · Revenue $10,935,337

  • SKILLED NURSING - SURROUNDED BY LUSH LANDSCAPING AND ROLLING GREEN MEADOWS, WESLEY COMMONS HEALTH CARE CENTER IS A LIVELY AND INVITING PLACE. ORIGINALLY OPENED IN 1971, THE HEALTH CARE CENTER HAS 40 PRIVATE ROOMS WITH PRIVATE BATHS AND 40 PRIVATE ROOMS WITH JACK/JILL BATHS. ALL ROOMS OFFER AMPLE SPACE FOR FAMILY VISITS AND A CALM ENVIRONMENT THAT IS CONDUCIVE TO THE HIGHEST QUALITY OF LIFE. THE HEALTH CARE CENTER IS CERTIFIED BY MEDICARE AND MEDICAID AND OFFERS 24-HOUR PROFESSIONAL LICENSED SKILLED NURSING CARE.

    Expenses $9,164,319 · Revenue $11,744,794

  • ASSISTED LIVING - PALMETTO PLACE ASSISTED LIVING IS A BEAUTIFUL PART OF WESLEY COMMONS COMMUNITY THAT OFFERS AN ENVIRONMENT THAT ENCOURAGES INDEPENDENCE AND SELF-WORTH, WHILE PROVIDING ASSISTANCE WITH EVERYDAY ACTIVITIES. WE ARE DESIGNED TO PROVIDE SENIOR ADULTS WITH INDIVIDUALIZED ASSISTANCE WITH ACTIVITIES OF DAILY LIVING SUCH AS BATHING, DRESSING, MEALS, MEDICATION MANAGEMENT/ADMINISTRATION AND CAREFREE LIVING. OUR RESIDENTS ENJOY DINING IN A RESTAURANT-STYLE ATMOSPHERE WHERE THEIR NEEDS AND DESIRES ARE MET BY A WAIT STAFF. THERE IS ALSO A FULL ARRAY OF ACTIVITIES TO STIMULATE THEIR MINDS AND BODIES. WE ENCOURAGE THESE RESIDENTS TO PARTAKE IN THE FITNESS ACTIVITIES OFFERED IN OUR WELLNESS COMPLEX, FULLY EQUIPPED WITH A WEIGHT ROOM, EXERCISE ROOM, AND POOL WITH MEN AND WOMEN'S LOCKER ROOMS.JASMINE COTTAGE IS A 14-BED SECURED DEMENTIA UNIT. WE SPECIALIZE IN THE CARE OF INDIVIDUALS WITH COGNITIVE RELATED ILLNESSES. WE PROVIDE HIGHER STAFFING RATIOS IN ORDER TO MEET INDIVIDUAL RESIDENT NEEDS. WE OFFER ASSISTANCE WITH ACTIVITIES OF DAILY LIVING SUCH AS BATHING, DRESSING, AND CUES TO PROMOTE SELF-ESTEEM AND OVERALL FEELING OF ACCOMPLISHMENT FOR THE RESIDENT. THE AREA IS VERY FRIENDLY, INVITING, AND HOMELIKE. MEALS ARE DELIVERED AND SERVED "FAMILY STYLE." WE PROVIDE STIMULATING ACTIVITIES TO KEEP THE RESIDENT INVOLVED AND ACTIVE. STAFF SPECIALIZE IN BEHAVIORAL DISTURBANCES SUCH AS SUNDOWNING, TIME TRAVELING, OR AGITATION ISSUES. THE AREA IS DESIGNED TO MAKE THE RESIDENT FEEL SECURE AND COMFORTABLE IN THEIR SURROUNDINGS.

    Expenses $3,035,821 · Revenue $3,777,418

  • HOME HEALTH SERVICES

    Expenses $263,724 · Revenue $396,938

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ms Melissa Bain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Dr Wallace L Fridy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • The Reverend Michael Guffee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Mr Davis Hook

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Mr Welborn Adams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Mr James Medford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Mr Ronnie Millender

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Ms Bonnie M Boo Ramage

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • Ms Laurie Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2

  • The Reverend Jeffrey Childress

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.2

  • The Reverend R Wayne Horne

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.2

  • Mr David B Buckshorn

    PRESIDENT/CEO

    Total calculated
    $545,913
    From this org
    $494,561
    From related orgs
    $0
    Other
    $51,352
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $384,905
    Bonus
    $98,304
    Other
    $11,352
    Deferred
    $22,500
    Nontaxable benefits
    $28,852
    Filer's total
    $545,913

  • Ms Susan Cribbs

    CFO

    Total calculated
    $386,628
    From this org
    $326,622
    From related orgs
    $0
    Other
    $60,006
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $266,622
    Bonus
    $60,000
    Other
    $0
    Deferred
    $22,500
    Nontaxable benefits
    $37,506
    Filer's total
    $386,628

  • Ms Kim Holmes Moody

    VP OF OPERATIONS

    Total calculated
    $206,381
    From this org
    $189,582
    From related orgs
    $0
    Other
    $16,799
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $168,978
    Bonus
    $18,468
    Other
    $2,136
    Deferred
    $0
    Nontaxable benefits
    $16,799
    Filer's total
    $206,381

  • Mr Robert C Reagin

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $187,865
    From this org
    $166,250
    From related orgs
    $0
    Other
    $21,615
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,810
    Bonus
    $13,440
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,615
    Filer's total
    $187,865

  • Mr Alan Ogles

    DIRECTOR OF INFORMATION TECHNOLOGY

    Total calculated
    $117,029
    From this org
    $100,161
    From related orgs
    $0
    Other
    $16,868
    Hours/week
    40

  • Ms Wanda Dodgen

    DIRECTOR OF NURSING

    Total calculated
    $113,642
    From this org
    $104,697
    From related orgs
    $0
    Other
    $8,945
    Hours/week
    40

  • Mr Nicholas Annese

    MARKETING COUNSELOR

    Total calculated
    $148,671
    From this org
    $116,777
    From related orgs
    $0
    Other
    $31,894
    Hours/week
    40

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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
MR. DAVID B. BUCKSHORN PARTICIPATES IN A NON-QUALIFIED RETIREMENT PLAN WORTH $20,000.
PART I, LINE 7
THE BOARD PROVIDES DISCRETIONARY BONUSES WHEN CERTAIN PERFORMANCE CRITERIA IS SATISFIED.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
2 May 2025
IRS schema version
2023v6.0
Source object
202531289349302223

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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