Civic Intelligence

Wesley Jackson Highlands Inc.

990 • Fiscal year 2014 • EIN 31-1629018

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileWWW.WESLEYLIVING.COM
1615 Appling RoadCordova, TN 38016

(901) 380-4900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

8.16x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

28th percentile

-2.8%

Faster asset growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

22nd percentile

-9.4%

Faster revenue growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$2,403,949

Down $70,282 (-2.8%) from 2013

Net Assets

Down

-$430,335

Down $85,560 (-25%) from 2013

Liabilities

Up

$2,834,284

Up $15,278 (+0.5%) from 2013

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin11th percentile

Revenue

Down

$347,213

Down $36,040 (-9.4%) from 2013

Expenses

Up

$432,773

Up $15,187 (+3.6%) from 2013

Net Income

Down

-$85,560

Down $51,227 (-149%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0MAssets 2010: $2,552,907Liabilities 2010: $2,803,951Net Assets 2010: -$251,0442010Assets 2011: $2,555,569Liabilities 2011: $2,814,639Net Assets 2011: -$259,0702011Assets 2012: $2,500,772Liabilities 2012: $2,811,214Net Assets 2012: -$310,4422012Assets 2013: $2,474,231Liabilities 2013: $2,819,006Net Assets 2013: -$344,7752013Assets 2014: $2,403,949Liabilities 2014: $2,834,284Net Assets 2014: -$430,3352014Assets 2015: $2,320,718Liabilities 2015: $2,834,784Net Assets 2015: -$514,0662015Assets 2016: $2,267,214Liabilities 2016: $2,861,618Net Assets 2016: -$594,4042016Assets 2017: $2,175,950Liabilities 2017: $2,849,915Net Assets 2017: -$673,9652017Assets 2018: $2,109,456Liabilities 2018: $2,894,836Net Assets 2018: -$785,3802018Assets 2019: $2,016,589Liabilities 2019: $2,890,533Net Assets 2019: -$873,9442019Assets 2020: $1,960,723Liabilities 2020: $2,889,331Net Assets 2020: -$928,6082020Assets 2022: $1,877,969Liabilities 2022: $2,949,578Net Assets 2022: -$1,071,6092022Assets 2024: $1,735,172Liabilities 2024: $3,023,362Net Assets 2024: -$1,288,1902024

Highlighted filing

2014

Assets$2,403,949
Liabilities$2,834,284
Net Assets-$430,335
Open 2014 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $391,0532010Expenses 2011: $391,3362011Expenses 2012: $401,4302012Revenue 2013: $383,253Expenses 2013: $417,586Net Income 2013: -$34,3332013Revenue 2014: $347,213Expenses 2014: $432,773Net Income 2014: -$85,5602014Revenue 2015: $350,285Expenses 2015: $434,016Net Income 2015: -$83,7312015Revenue 2016: $360,593Expenses 2016: $440,931Net Income 2016: -$80,3382016Revenue 2017: $375,395Expenses 2017: $454,956Net Income 2017: -$79,5612017Revenue 2018: $390,540Expenses 2018: $501,955Net Income 2018: -$111,4152018Revenue 2019: $454,865Expenses 2019: $543,429Net Income 2019: -$88,5642019Revenue 2020: $475,593Expenses 2020: $530,257Net Income 2020: -$54,6642020Revenue 2022: $483,892Expenses 2022: $557,016Net Income 2022: -$73,1242022Revenue 2024: $512,897Expenses 2024: $594,093Net Income 2024: -$81,1962024

Highlighted filing

2014

Revenue$347,213
Expenses$432,773
Net Income-$85,560
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$347,213
Mission and Program Overview

Mission

Wesley jackson highlands, inc. Is a not-for-profit corporation formed in april 1996, in accordance with the not-for-profit statutes of the state of tennessee. The corporation was formed for the purpose of operating a 50-unit community located in jackson, tennessee known as wesley jackson highlands, which provides housing and related services for very low and extremely low income elderly persons pursuant to section 202 of the national housing act, as amended.

To provide housing and services to very low and extremely low income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,318,719$2,246,107▼ $72,612
Savings and Temporary Cash Investments$102,663$86,610▼ $16,053
Cash and Non-Interest-Bearing Accounts$14,339$31,796▲ $17,457
Prepaid Expenses and Deferred Charges$21,636$20,608▼ $1,028
Accounts Receivable$2,147$3,357▲ $1,210
Total Assets$2,474,231$2,403,949▼ $70,282
Other Assets Total$14,727$15,471▲ $744
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,762,376$2,765,345▲ $2,969
Accounts Payable and Accrued Expenses$42,197$56,059▲ $13,862
Other Liabilities$12,433$12,755▲ $322
Deferred Revenue$2,000$125▼ $1,875
Total Liabilities$2,819,006$2,834,284▲ $15,278
Net Assets / Fund Balance
Unrestricted Net Assets$-344,775$-430,335▼ $85,560
Total Net Assets Fund Balance$-344,775$-430,335▼ $85,560
Total Liabilities and Net Assets / Fund Balance$2,474,231$2,403,949▼ $70,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,945,975$1,086,848$3,032,823
Land$210,000-$210,000
Equipment$88,532$24,105$112,637
Leasehold Improvements$1,600$1,300$2,900
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Nick NashPresident
William KeithVice President
Diane SluderDirector
Dwight DavisDirector
Earliine MatthewsDirector
Michelle FracchiaDirector
Pam JeffriesDirector
Rev Donald ParkDirector
Rev Steve CavittDirector
Wallace McalexanderDirector
Larry KalerNon-voting CEO
Jim NassoNon-voting COO
Mark Lou CushingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$174,179
Program Service Revenue
$170,448
Investment Income
$86
Other Revenue
$2,500
Change in Net Assets
$-85,560

Audited Revenue Reconciliation

Revenue per Audited Statements
$347,213
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$347,213
Total Revenue per Form 990
$347,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$328,111
Salaries, Compensation, and Employee Benefits$104,662
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$117,981--$117,981
Depreciation Depletion$94,610--$94,610
Other Salaries and Wages$85,640--$85,640
Fees for Services Management$42,170--$42,170
Insurance$22,533--$22,533
Other Employee Benefits$12,540--$12,540
Fees for Services Accounting$9,080--$9,080
Office Expenses$7,329--$7,329
Payroll Taxes$4,789--$4,789
Interest$3,407--$3,407
Information Technology$2,646--$2,646
Pension Plan Contributions$1,693--$1,693
Travel$1,399--$1,399
Conferences and Meetings$1,272--$1,272
Advertising$1,084--$1,084
Other Expenses$378--$378
Total Functional Expenses$432,773$0$0$432,773

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$432,773
Total Expenses per Audited Statements$432,773
Total Expenses per Form 990$432,773
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$12,755
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Wesley housing corporation of memphis, inc. Acts as the management company for wesley hills dyersburg, inc.”

Form 990, Part VI, Section B, Line 11

“A non-voting member of the board reviews the form 990.”

Form 990, Part VI, Section B, Line 12C

“The organization periodically reivews and updates the disclosed interest of officers, directors, and key employees that could potentially give rise to conflict.”

Form 990, Part VI, Section B, Line 15

“The compensation of all employees is determined through the approval of the budget.”

Form 990, Part VI, Section C, Line 19

“The organization provides its financial information to the public through www.guidestar.com and upon request.”

Filing and Contact Details

Filer

Filer Name
Wesley Jackson Highlands Inc
EIN
31-1629018
Phone
9013804900
Address
1615 APPLING ROAD, CORDOVA, TN 38016

Signing Officer

Name
Don Ollio
Title
CFO
Phone
9013804900
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Nasso
Formed
1997
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
11

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Jeff Thomason
Phone
9017612720
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors assumes responsibility for the oversight of the audit of its financial statements and the selection of the independent auditor. The process has not changed from the prior year.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012540
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012540
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/Desc1RENT
IRS990/OtherExpensesGrp/Desc2OTHER MISC. EXPENSES
IRS990/OtherExpensesGrp/Desc3VEHICLE OPERATION & REP
IRS990/OtherExpensesGrp/ProgramServicesAmt09715
IRS990/OtherExpensesGrp/ProgramServicesAmt18396
IRS990/OtherExpensesGrp/ProgramServicesAmt26111
IRS990/OtherExpensesGrp/ProgramServicesAmt3378
IRS990/OtherExpensesGrp/TotalAmt09715
IRS990/OtherExpensesGrp/TotalAmt18396
IRS990/OtherExpensesGrp/TotalAmt26111
IRS990/OtherExpensesGrp/TotalAmt3378
IRS990/OtherLiabilitiesGrp/BOYAmt012433
IRS990/OtherLiabilitiesGrp/EOYAmt012755
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCALLENOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02500
IRS990/OtherRevenueTotalAmt02500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085640
IRS990/OtherSalariesAndWagesGrp/TotalAmt085640
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04789
IRS990/PayrollTaxesGrp/TotalAmt04789
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01693
IRS990/PensionPlanContributionsGrp/TotalAmt01693
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021636
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020608
IRS990/PrincipalOfficerNm0JIM NASSO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0166508
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0166508
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13940
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0217555
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt099
IRS990/PYOtherExpensesAmt0317700
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0165599
IRS990/PYRevenuesLessExpensesAmt0-34333
IRS990/PYSalariesCompEmpBnftPaidAmt099886
IRS990/PYTotalExpensesAmt0417586
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0383253
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-85560
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0172948
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102663
IRS990/SavingsAndTempCashInvstGrp/EOYAmt086610
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0174179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0217555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0391734
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0-548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0-194
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt099
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt095
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0-548
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0-194
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt050659
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05880
IRS990ScheduleA/OtherIncome509Grp/TotalAmt059039
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96710
IRS990ScheduleA/PublicSupportPY509Pct00.96520
IRS990ScheduleA/PublicSupportTotal509Amt01730914
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0170448
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0165599
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0349963
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0333199
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0319971
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01339180
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0344627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0383154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0349963
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0333199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0319971
IRS990ScheduleA/Total509Grp/TotalAmt01730914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0347213
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0383253
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0350058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0383310
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0325925
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01789759
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01945975
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01086848
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03032823
IRS990ScheduleD/EquipmentGrp/BookValueAmt088532
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024105
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0112637
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0432773
IRS990ScheduleD/LandGrp/BookValueAmt0210000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0210000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01600
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01300
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0347213
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02246107
IRS990ScheduleD/TotalExpensesPerForm990Amt0432773
IRS990ScheduleD/TotalLiabilityAmt012755
IRS990ScheduleD/TotalRevenuePerForm990Amt0347213
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0347213
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0432773
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESLEY HOUSING CORPORATION OF MEMPHIS, INC. ACTS AS THE MANAGEMENT COMPANY FOR WESLEY HILLS DYERSBURG, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A NON-VOTING MEMBER OF THE BOARD REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PERIODICALLY REIVEWS AND UPDATES THE DISCLOSED INTEREST OF OFFICERS, DIRECTORS, AND KEY EMPLOYEES THAT COULD POTENTIALLY GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF ALL EMPLOYEES IS DETERMINED THROUGH THE APPROVAL OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES ITS FINANCIAL INFORMATION TO THE PUBLIC THROUGH WWW.GUIDESTAR.COM AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,403,949
Liabilities
$2,834,284
Net assets
-$430,335
Revenue
$347,213
Expenses
$432,773
Net income
-$85,560
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$3.02$1.29$0.51$0.59$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.88$2.95$1.07$0.48$0.56$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$2.89$0.93$0.48$0.53$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$2.89$0.87$0.45$0.54$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$2.89$0.79$0.39$0.50$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$2.85$0.67$0.38$0.45$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$2.86$0.59$0.36$0.44$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.32$2.83$0.51$0.35$0.43$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.40$2.83$0.43$0.35$0.43$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.47$2.82$0.34$0.38$0.42$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$2.81$0.31$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$2.81$0.26$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$2.80$0.25$0.39