Civic Intelligence

Wesley-Asbury Inc.

990 • Fiscal year 2017 • EIN 58-2064631

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

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

95th percentile

1.29x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

1.04x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

52nd percentile

4.4%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

24th percentile

-4.7%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.7%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$759,371

Down $37,478 (-4.7%) from 2016

Net Assets

Up

-$217,538

Up $41,628 (+16%) from 2016

Liabilities

Down

$976,909

Down $79,106 (-7.5%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin52nd percentile

Revenue

Up

$942,507

Up $42,275 (+4.7%) from 2016

Expenses

Up

$900,879

Up $8,539 (+1.0%) from 2016

Net Income

Up

$41,628

Up $33,736 (+427%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,008,950Liabilities 2010: $1,508,394Net Assets 2010: -$499,4442010Assets 2011: $1,025,523Liabilities 2011: $1,483,475Net Assets 2011: -$457,9522011Assets 2012: $1,097,612Liabilities 2012: $1,461,610Net Assets 2012: -$363,9982012Assets 2013: $1,063,138Liabilities 2013: $1,384,035Net Assets 2013: -$320,8972013Assets 2014: $1,076,945Liabilities 2014: $1,334,019Net Assets 2014: -$257,0742014Assets 2015: $856,305Liabilities 2015: $1,123,363Net Assets 2015: -$267,0582015Assets 2016: $796,849Liabilities 2016: $1,056,015Net Assets 2016: -$259,1662016Assets 2017: $759,371Liabilities 2017: $976,909Net Assets 2017: -$217,5382017Assets 2018: $733,980Liabilities 2018: $915,608Net Assets 2018: -$181,6282018Assets 2019: $672,594Liabilities 2019: $847,377Net Assets 2019: -$174,7832019Assets 2020: $571,010Liabilities 2020: $832,500Net Assets 2020: -$261,4902020Assets 2021: $551,388Liabilities 2021: $1,003,519Net Assets 2021: -$452,1312021Assets 2022: $453,435Liabilities 2022: $1,276,111Net Assets 2022: -$822,6762022Assets 2023: $409,465Liabilities 2023: $1,608,313Net Assets 2023: -$1,198,8482023Assets 2024: $386,680Liabilities 2024: $1,765,259Net Assets 2024: -$1,378,5792024

Highlighted filing

2017

Assets$759,371
Liabilities$976,909
Net Assets-$217,538
Open 2017 Filing

Operations Trend

Revenue Growth50th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $629,3822010Revenue 2011: $781,124Expenses 2011: $739,632Net Income 2011: $41,4922011Expenses 2012: $743,3742012Revenue 2013: $843,283Expenses 2013: $800,182Net Income 2013: $43,1012013Revenue 2014: $912,345Expenses 2014: $848,522Net Income 2014: $63,8232014Revenue 2015: $859,980Expenses 2015: $869,964Net Income 2015: -$9,9842015Revenue 2016: $900,232Expenses 2016: $892,340Net Income 2016: $7,8922016Revenue 2017: $942,507Expenses 2017: $900,879Net Income 2017: $41,6282017Revenue 2018: $890,891Expenses 2018: $854,981Net Income 2018: $35,9102018Revenue 2019: $862,253Expenses 2019: $855,408Net Income 2019: $6,8452019Revenue 2020: $757,862Expenses 2020: $844,569Net Income 2020: -$86,7072020Revenue 2021: $693,916Expenses 2021: $884,557Net Income 2021: -$190,6412021Revenue 2022: $657,973Expenses 2022: $1,028,518Net Income 2022: -$370,5452022Revenue 2023: $758,263Expenses 2023: $1,134,435Net Income 2023: -$376,1722023Revenue 2024: $1,127,884Expenses 2024: $1,307,615Net Income 2024: -$179,7312024

Highlighted filing

2017

Revenue$942,507
Expenses$900,879
Net Income$41,628
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$942,507
Mission and Program Overview

Mission

Provide housing and services as a licensed residential home for the aged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$650,962$579,162▼ $71,800
Savings and Temporary Cash Investments$79,069$98,670▲ $19,601
Prepaid Expenses and Deferred Charges$35,466$37,579▲ $2,113
Cash and Non-Interest-Bearing Accounts$7,934$17,103▲ $9,169
Intangible Assets$16,732$15,125▼ $1,607
Accounts Receivable$6,686$11,732▲ $5,046
Total Assets$796,849$759,371▼ $37,478
Liabilities
Tax Exempt Bond Liabilities$964,200$892,382▼ $71,818
Accounts Payable and Accrued Expenses$90,968$84,516▼ $6,452
Deferred Revenue$847$11▼ $836
Total Liabilities$1,056,015$976,909▼ $79,106
Net Assets / Fund Balance
Unrestricted Net Assets$-259,166$-217,538▲ $41,628
Total Net Assets Fund Balance$-259,166$-217,538▲ $41,628
Total Liabilities and Net Assets / Fund Balance$796,849$759,371▼ $37,478

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$504,299$1,114,658$1,618,957
Equipment$55,567$244,515$300,082
Other Land Buildings$0$43,443$43,443
Leasehold Improvements$19,296$19,193$38,489
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Wallace McalexanderPresident
Scott BlountVice President
Amanda WardMember
Cynthia DavisMember
Debbie JohnsonMember
Dwight DavisMember
Rev Andrew ThompsonMember
William KeithMember
James C NassoNon-voting CEO
Don OllioNon-voting CFO
Ron BudynasNon-voting COO
Mary Lou CushingSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$942,393
Investment Income
$114
Other Revenue
$0
Change in Net Assets
$41,628

Audited Revenue Reconciliation

Revenue per Audited Statements
$942,507
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$942,507
Total Revenue per Form 990
$942,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$486,545
Salaries, Compensation, and Employee Benefits$414,334
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$283,306$40,796-$324,102
Occupancy$279,875--$279,875
Depreciation Depletion$78,791--$78,791
Fees for Services Management-$65,906-$65,906
Other Employee Benefits$54,905--$54,905
Payroll Taxes$27,474--$27,474
Other Expenses$27,096--$27,096
Office Expenses-$13,970-$13,970
Advertising$9,849--$9,849
Pension Plan Contributions$7,853--$7,853
Conferences and Meetings$4,131--$4,131
Information Technology$3,245--$3,245
Fees for Services Accounting-$2,570-$2,570
Travel$1,112--$1,112
Total Functional Expenses$777,637$123,242$0$900,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$900,879
Total Expenses per Audited Statements$900,879
Total Expenses per Form 990$900,879
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
AHehf Board of Dyer County Tn2012-05-15$1,250,000Refund prior bond issue hehf board of dyer county, tn improvement

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,250,000-$1,194,448$25,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 corp of memphis”

Form 990, Part VI, Section A, Line 4

“The charter and bylaws were amended to eliminate the three different classes of directors, standardizing and naming of a nomination committee and changing the annual meeting to be held in the last quarter of the year.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is reviewed by an officer prior to filing.”

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

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

Form 990, Part VI, Section B, Line 15

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

Form 990, Part VI, Section C, Line 19

“Information is available through www.guidestar.org or upon request.”

Filing and Contact Details

Filer

Filer Name
Wesley-asbury Inc
EIN
58-2064631
Phone
9013804900
Address
1615 APPLING ROAD, CORDOVA, TN 38016

Signing Officer

Name
Don Ollio
Title
CFO
Phone
9013804900
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James C Nasso
Formed
1993
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Abby Shafer
Phone
3178485700
Raw XML AppendixShowing 400 of 822 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt090968
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt084516
IRS990/AccountsReceivableGrp/BOYAmt06686
IRS990/AccountsReceivableGrp/EOYAmt011732
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING AND SERVICES AS A LICENSED RESIDENTIAL HOME FOR THE AGED.
IRS990/AdvertisingGrp/ProgramServicesAmt09849
IRS990/AdvertisingGrp/TotalAmt09849
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WESLEY HOUSING CORP OF MEMPHIS
IRS990/BooksInCareOfDetail/PhoneNum09013804900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01615 APPLING ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CORDOVA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038016
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07934
IRS990/CashNonInterestBearingGrp/EOYAmt017103
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04131
IRS990/ConferencesMeetingsGrp/TotalAmt04131
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0114
IRS990/CYOtherExpensesAmt0486545
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0942393
IRS990/CYRevenuesLessExpensesAmt041628
IRS990/CYSalariesCompEmpBnftPaidAmt0414334
IRS990/CYTotalExpensesAmt0900879
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0942507
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0847
IRS990/DeferredRevenueGrp/EOYAmt011
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt078791
IRS990/DepreciationDepletionGrp/TotalAmt078791
IRS990/Desc0OPERATION AND MAINTENANCE OF HOUSING FACILITIES FOR ELDERLY CITIZENS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt0777637
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02570
IRS990/FeesForServicesAccountingGrp/TotalAmt02570
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt065906
IRS990/FeesForServicesManagementGrp/TotalAmt065906
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM KEITH
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT BLOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm2WALLACE MCALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm3REV ANDREW THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY LOU CUSHING
IRS990/Form990PartVIISectionAGrp/PersonNm5DWIGHT DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm6CYNTHIA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBBIE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm8AMANDA WARD
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES C NASSO
IRS990/Form990PartVIISectionAGrp/PersonNm10RON BUDYNAS
IRS990/Form990PartVIISectionAGrp/PersonNm11DON OLLIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9NON-VOTING CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10NON-VOTING COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11NON-VOTING CFO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0942507
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt03245
IRS990/InformationTechnologyGrp/TotalAmt03245
IRS990/IntangibleAssetsGrp/BOYAmt016732
IRS990/IntangibleAssetsGrp/EOYAmt015125
IRS990/InvestmentIncomeGrp/ExclusionAmt0114
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0114
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01421809
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0650962
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0579162
IRS990/LandBldgEquipCostOrOtherBssAmt02000971
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE HOUSING AND SERVICES AS A LICENSED RESIDENTIAL HOME FOR THE AGED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-259166
IRS990/NetAssetsOrFundBalancesEOYAmt0-217538
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0279875
IRS990/OccupancyGrp/TotalAmt0279875
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013970
IRS990/OfficeExpensesGrp/TotalAmt013970
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt054905
IRS990/OtherEmployeeBenefitsGrp/TotalAmt054905
IRS990/OtherExpensesGrp/Desc0SERVICE COORDINATOR CON
IRS990/OtherExpensesGrp/ProgramServicesAmt027096
IRS990/OtherExpensesGrp/TotalAmt027096
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0283306
IRS990/OtherSalariesAndWagesGrp/TotalAmt0324102
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027474
IRS990/PayrollTaxesGrp/TotalAmt027474
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07853
IRS990/PensionPlanContributionsGrp/TotalAmt07853
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035466
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037579
IRS990/PrincipalOfficerNm0JAMES C NASSO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0942393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0942393
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0131
IRS990/PYOtherExpensesAmt0466866
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0900101
IRS990/PYRevenuesLessExpensesAmt07892
IRS990/PYSalariesCompEmpBnftPaidAmt0425474
IRS990/PYTotalExpensesAmt0892340
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900232
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt041628
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0942393
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079069
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098670
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt017044
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0352
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0421
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0942393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0900101
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0858476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0904525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0834790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04440285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0131
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0352
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01518
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt04457329
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0942393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0900101
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0859628
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0912345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0842862
IRS990ScheduleA/Total509Grp/TotalAmt04457329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0942507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0900232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0859980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0912845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0843283
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04458847
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0504299
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01114658
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01618957
IRS990ScheduleD/EquipmentGrp/BookValueAmt055567
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0244515
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0300082
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0900879
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019296
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019193
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038489
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043443
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043443
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0942507
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0579162
IRS990ScheduleD/TotalExpensesPerForm990Amt0900879
IRS990ScheduleD/TotalRevenuePerForm990Amt0942507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0942507
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0900879
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-05-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0364738768
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt01250000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0HEHF BOARD OF DYER COUNTY TN
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFUND PRIOR BOND ISSUE HEHF BOARD OF DYER COUNTY, TN IMPROVEMENT
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt030551
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt025000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt01194448
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr01998
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt01250000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt04094
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESLEY HOUSING CORP OF MEMPHIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHARTER AND BYLAWS WERE AMENDED TO ELIMINATE THE THREE DIFFERENT CLASSES OF DIRECTORS, STANDARDIZING AND NAMING OF A NOMINATION COMMITTEE AND CHANGING THE ANNUAL MEETING TO BE HELD IN THE LAST QUARTER OF THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY AN OFFICER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PERIODICALLY REVIEWS AND UPDATES THE DISCLOSED INTERESTS OF THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES THAT COULD POTENTIALLY GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF ALL EMPLOYEES IS DETERMINED THROUGH THE APPROVAL OF THE BUDGET.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$759,371
Liabilities
$976,909
Net assets
-$217,538
Revenue
$942,507
Expenses
$900,879
Net income
$41,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$1.77$1.38$1.13$1.31$0.18
2023Summary only. Only limited summary data is available for this year.$0.41$1.61$1.20$0.76$1.13$0.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$1.28$0.82$0.66$1.03$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$1.00$0.45$0.69$0.88$0.19
2020Summary only. Only limited summary data is available for this year.$0.57$0.83$0.26$0.76$0.84$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.85$0.17$0.86$0.86$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.92$0.18$0.89$0.85$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.98$0.22$0.94$0.90$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$1.06$0.26$0.90$0.89$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.86$1.12$0.27$0.86$0.87$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.08$1.33$0.26$0.91$0.85$0.06
2013Summary only. Only limited summary data is available for this year.$1.06$1.38$0.32$0.84$0.80$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.46$0.36$0.74
2011Summary only. Only limited summary data is available for this year.$1.03$1.48$0.46$0.78$0.74$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.51$0.50$0.63