Civic Intelligence

Wesley Apartments-A Methodist Home for the Aging Inc.

990 • Fiscal year 2015 • EIN 63-0851067

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 28, 2015

Organization ProfileN/A
1520 Cooper Hill RoadBirmingham, AL 35210

(205) 951-2442

Siviq Scores

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

Liabilities / Assets

98th percentile

1.85x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

4.80x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

22nd percentile

-8.8%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

19th percentile

-6.1%

Faster asset growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

0.8%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,716,099

Down $112,212 (-6.1%) from 2014

Net Assets

Down

-$1,452,818

Down $58,280 (-4.2%) from 2014

Liabilities

Down

$3,168,917

Down $53,932 (-1.7%) from 2014

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin22nd percentile

Revenue

Up

$659,696

Up $5,275 (+0.8%) from 2014

Expenses

Down

$717,976

Down $10,082 (-1.4%) from 2014

Net Income

Up

-$58,280

Up $15,357 (+21%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $2,096,676Liabilities 2011: $3,289,036Net Assets 2011: -$1,192,3602011Assets 2012: $2,049,265Liabilities 2012: $3,300,692Net Assets 2012: -$1,251,4272012Assets 2013: $1,910,973Liabilities 2013: $3,231,874Net Assets 2013: -$1,320,9012013Assets 2014: $1,828,311Liabilities 2014: $3,222,849Net Assets 2014: -$1,394,5382014Assets 2015: $1,716,099Liabilities 2015: $3,168,917Net Assets 2015: -$1,452,8182015Assets 2016: $1,614,019Liabilities 2016: $3,124,446Net Assets 2016: -$1,510,4272016Assets 2017: $1,559,451Liabilities 2017: $3,147,036Net Assets 2017: -$1,587,5852017Assets 2018: $1,867,758Liabilities 2018: $3,501,472Net Assets 2018: -$1,633,7142018Assets 2019: $1,838,537Liabilities 2019: $3,493,234Net Assets 2019: -$1,654,6972019Assets 2020: $1,796,059Liabilities 2020: $3,391,922Net Assets 2020: -$1,595,8632020Assets 2021: $1,759,777Liabilities 2021: $3,302,000Net Assets 2021: -$1,542,2232021Assets 2022: $1,836,042Liabilities 2022: $3,214,355Net Assets 2022: -$1,378,3132022Assets 2023: $1,737,227Liabilities 2023: $3,033,811Net Assets 2023: -$1,296,5842023Assets 2024: $1,873,590Liabilities 2024: $3,082,444Net Assets 2024: -$1,208,8542024

Highlighted filing

2015

Assets$1,716,099
Liabilities$3,168,917
Net Assets-$1,452,818
Open 2015 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.0M$500K$0-$500KExpenses 2011: $665,3822011Expenses 2012: $731,9282012Expenses 2013: $732,3172013Revenue 2014: $654,421Expenses 2014: $728,058Net Income 2014: -$73,6372014Revenue 2015: $659,696Expenses 2015: $717,976Net Income 2015: -$58,2802015Revenue 2016: $715,458Expenses 2016: $773,067Net Income 2016: -$57,6092016Revenue 2017: $710,471Expenses 2017: $787,629Net Income 2017: -$77,1582017Revenue 2018: $719,958Expenses 2018: $766,087Net Income 2018: -$46,1292018Revenue 2019: $737,611Expenses 2019: $758,594Net Income 2019: -$20,9832019Revenue 2020: $752,698Expenses 2020: $693,864Net Income 2020: $58,8342020Revenue 2021: $739,999Expenses 2021: $686,359Net Income 2021: $53,6402021Revenue 2022: $832,769Expenses 2022: $668,859Net Income 2022: $163,9102022Revenue 2023: $788,405Expenses 2023: $706,676Net Income 2023: $81,7292023Revenue 2024: $832,420Expenses 2024: $744,689Net Income 2024: $87,7312024

Highlighted filing

2015

Revenue$659,696
Expenses$717,976
Net Income-$58,280
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 28, 2015
Return Version
2014v6.0
Gross Receipts
$659,696
Mission and Program Overview

Mission

Housing provided for the elderly and disadvantaged financed with hud section 8 and 207 funds.

SUBSIDIZED HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,570,415$1,485,627▼ $84,788
Prepaid Expenses and Deferred Charges$23,580$24,257▲ $677
Cash and Non-Interest-Bearing Accounts$23,023$17,194▼ $5,829
Accounts Receivable$844$230▼ $614
Total Assets$1,828,311$1,716,099▼ $112,212
Other Assets Total$210,449$188,791▼ $21,658
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,899,595$2,867,608▼ $31,987
Accounts Payable and Accrued Expenses$277,124$255,465▼ $21,659
Other Liabilities$46,130$45,844▼ $286
Total Liabilities$3,222,849$3,168,917▼ $53,932
Net Assets / Fund Balance
Unrestricted Net Assets$-1,394,538$-1,452,818▼ $58,280
Total Net Assets Fund Balance$-1,394,538$-1,452,818▼ $58,280
Total Liabilities and Net Assets / Fund Balance$1,828,311$1,716,099▼ $112,212

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,209,023$1,860,781$3,069,804
Equipment$95,583$184,230$279,813
Land$175,000-$175,000
Other Land Buildings$6,021$14,704$20,725
Leasehold Improvements-$1,107$1,107
Other Assets Org$2,045--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
-Chair
-Vice Chair
-Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$659,679
Investment Income
$17
Other Revenue
$0
Change in Net Assets
$-58,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$659,696
Total Revenue per Audited Statements
$659,696
Total Revenue per Form 990
$659,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$540,618
Salaries, Compensation, and Employee Benefits$177,358
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$209,077--$209,077
Other Salaries and Wages$144,702--$144,702
Depreciation Depletion$104,940--$104,940
All Other Expenses$65,298--$65,298
Fees for Services Management-$32,986-$32,986
Other Employee Benefits$20,481--$20,481
Other Expenses$14,433--$14,433
Fees for Services Accounting$12,575--$12,575
Payroll Taxes$12,175--$12,175
Total Functional Expenses$684,990$32,986$0$717,976

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$717,976
Total Expenses per Audited Statements$717,976
Total Expenses per Form 990$717,976
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
Other Loans & Notes Payab$30,801
Tenant Deposits Held in T$15,043
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, Page 6, Part VI, Line 3

“Wesley apartments has a hud approved management contract with methodist home for the aging (the sponsor and controlling entity). Officers are appointed by the board of methodist home for the aging.”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the methodist home for the aging executive staff and wesley apartments' officers.”

Form 990, Page 6, Part VI, Line 12C

“All interest persons must sign an annual conflict of interest statement. A conflict of interest committee was appointed by the methodist home for the aging board to monitor and enforce conflict of interest issues.”

Form 990, Page 6, Part VI, Line 15A

“The finance committee of the board of the methodist home for the aging shall set the compensation for the executive staff. The executive staff shall recommend compensation for key employees and staff at all the facilities. The recommendations are reviewed, approved or modified by the finance committee.”

Form 990, Page 6, Part VI, Line 15B

“See above - wesley apartments' officers are not compensated.”

Form 990, Page 6, Part VI, Line 19

“By appointment, inspection can be made at 1520 cooper hill rd, birmingham, al 35210.”

Filing and Contact Details

Filer

Filer Name
Wesley Apartments-a Methodist Home
EIN
63-0851067
Address
1520 COOPER HILL ROAD, BIRMINGHAM, AL 35210

Signing Officer

Name
W Bruce Akins
Title
CFO - Mha
Signed
2015-12-28
Discuss with paid preparer
Yes

Organization Details

Formed
1983
Legal Domicile
Al
Voting Board Members
3
Independent Board Members
3
Employees
13

Preparer

Firm
Cooke Cameron Travis & Company Pc
Address
2109 DEVEREUX CIR, BIRMINGHAM, AL 35243
Preparer
Michael W Cooke
Phone
2059670101
Raw XML Appendix395 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0277124
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0255465
IRS990/AccountsReceivableGrp/BOYAmt0844
IRS990/AccountsReceivableGrp/EOYAmt0230
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SUBSIDIZED HOUSING
IRS990/AllOtherExpensesGrp/ProgramServicesAmt065298
IRS990/AllOtherExpensesGrp/TotalAmt065298
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRUCE AKINS CFO - MHA
IRS990/BooksInCareOfDetail/PhoneNum02059512442
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BIRMINGHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd035210
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt023023
IRS990/CashNonInterestBearingGrp/EOYAmt017194
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017
IRS990/CYOtherExpensesAmt0540618
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0659679
IRS990/CYRevenuesLessExpensesAmt0-58280
IRS990/CYSalariesCompEmpBnftPaidAmt0177358
IRS990/CYTotalExpensesAmt0717976
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0659696
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0104940
IRS990/DepreciationDepletionGrp/TotalAmt0104940
IRS990/Desc0HOUSING PROVIDED FOR THE ELDERLY AND DISADVANTAGED FINANCED WITH HUD SEC. 8 AND 207 FUNDS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0684990
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012575
IRS990/FeesForServicesAccountingGrp/TotalAmt012575
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt032986
IRS990/FeesForServicesManagementGrp/TotalAmt032986
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0MAUDINE HOLLOWAY
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1TOM HAMMONS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2CURTIS JOHNSON
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine2Txt0WESLEY APARTMENTS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine2Txt1WESLEY APARTMENTS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine2Txt2WESLEY APARTMENTS
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0659696
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt0209077
IRS990/InterestGrp/TotalAmt0209077
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt017
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02060822
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01570415
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01485627
IRS990/LandBldgEquipCostOrOtherBssAmt03546449
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUBSIDIZED HOUSING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02899595
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02867608
IRS990/NetAssetsOrFundBalancesBOYAmt0-1394538
IRS990/NetAssetsOrFundBalancesEOYAmt0-1452818
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0210449
IRS990/OtherAssetsTotalGrp/EOYAmt0188791
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020481
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020481
IRS990/OtherExpensesGrp/Desc0ELECTRICITY
IRS990/OtherExpensesGrp/Desc1PROPERTY & LIAB INS (HAZA
IRS990/OtherExpensesGrp/Desc2GAS
IRS990/OtherExpensesGrp/Desc3CONTRACTS
IRS990/OtherExpensesGrp/ProgramServicesAmt064078
IRS990/OtherExpensesGrp/ProgramServicesAmt119991
IRS990/OtherExpensesGrp/ProgramServicesAmt217240
IRS990/OtherExpensesGrp/ProgramServicesAmt314433
IRS990/OtherExpensesGrp/TotalAmt064078
IRS990/OtherExpensesGrp/TotalAmt119991
IRS990/OtherExpensesGrp/TotalAmt217240
IRS990/OtherExpensesGrp/TotalAmt314433
IRS990/OtherLiabilitiesGrp/BOYAmt046130
IRS990/OtherLiabilitiesGrp/EOYAmt045844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0144702
IRS990/OtherSalariesAndWagesGrp/TotalAmt0144702
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt012175
IRS990/PayrollTaxesGrp/TotalAmt012175
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023580
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024257
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HUD- SECTION 8
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0455646
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1204033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0455646
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1204033
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019
IRS990/PYOtherExpensesAmt0551914
IRS990/PYProgramServiceRevenueAmt0654402
IRS990/PYRevenuesLessExpensesAmt0-73637
IRS990/PYSalariesCompEmpBnftPaidAmt0176144
IRS990/PYTotalExpensesAmt0728058
IRS990/PYTotalRevenueAmt0654421
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-58280
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0659695
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0111
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0659696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0654421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0662843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0672861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0677984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03327805
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0333
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt03327805
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0659696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0654421
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0662843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0672861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0677984
IRS990ScheduleA/Total509Grp/TotalAmt03327805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0659713
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0654440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0662954
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0672896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0678135
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03328138
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01209023
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01860781
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03069804
IRS990ScheduleD/EquipmentGrp/BookValueAmt095583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184230
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0279813
IRS990ScheduleD/ExpensesSubtotalAmt0717976
IRS990ScheduleD/LandGrp/BookValueAmt0175000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0175000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01107
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01107
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0111618
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt149075
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt217359
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt38694
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt42045
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED LOAN COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MORTGAGE RESERVE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MORTGAGE MIP ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4MORTGAGE INSURANCE ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06021
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014704
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LOANS & NOTES PAYAB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS HELD IN T
IRS990ScheduleD/RevenueSubtotalAmt0659696
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01485627
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0188791
IRS990ScheduleD/TotalExpensesPerForm990Amt0717976
IRS990ScheduleD/TotalLiabilityAmt045844
IRS990ScheduleD/TotalRevenuePerForm990Amt0659696
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0659696
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0717976
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESLEY APARTMENTS HAS A HUD APPROVED MANAGEMENT CONTRACT WITH METHODIST HOME FOR THE AGING (THE SPONSOR AND CONTROLLING ENTITY). OFFICERS ARE APPOINTED BY THE BOARD OF METHODIST HOME FOR THE AGING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE METHODIST HOME FOR THE AGING EXECUTIVE STAFF AND WESLEY APARTMENTS' OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INTEREST PERSONS MUST SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. A CONFLICT OF INTEREST COMMITTEE WAS APPOINTED BY THE METHODIST HOME FOR THE AGING BOARD TO MONITOR AND ENFORCE CONFLICT OF INTEREST ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE OF THE BOARD OF THE METHODIST HOME FOR THE AGING SHALL SET THE COMPENSATION FOR THE EXECUTIVE STAFF. THE EXECUTIVE STAFF SHALL RECOMMEND COMPENSATION FOR KEY EMPLOYEES AND STAFF AT ALL THE FACILITIES. THE RECOMMENDATIONS ARE REVIEWED, APPROVED OR MODIFIED BY THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE ABOVE - WESLEY APARTMENTS' OFFICERS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BY APPOINTMENT, INSPECTION CAN BE MADE AT 1520 COOPER HILL RD, BIRMINGHAM, AL 35210.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630376518
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0L/T CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt01520 COOPER HILL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt032986
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0METHODIST HOME FOR THE AGING
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01828311
IRS990/TotalAssetsEOYAmt01716099
IRS990/TotalAssetsGrp/BOYAmt01828311
IRS990/TotalAssetsGrp/EOYAmt01716099
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032986
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0684990
IRS990/TotalFunctionalExpensesGrp/TotalAmt0717976
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03222849
IRS990/TotalLiabilitiesEOYAmt03168917
IRS990/TotalLiabilitiesGrp/BOYAmt03222849
IRS990/TotalLiabilitiesGrp/EOYAmt03168917
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1394538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1452818
IRS990/TotalProgramServiceExpensesAmt0684990
IRS990/TotalProgramServiceRevenueAmt0659679
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0659696
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0659696
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01828311
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01716099
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1394538
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1452818
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0W BRUCE AKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO - MHA
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-12-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESLEY APARTMENTS-A METHODIST HOME
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOR THE AGING INC
ReturnHeader/Filer/BusinessNameControlTxt0WESL
ReturnHeader/Filer/EIN0630851067
ReturnHeader/Filer/USAddress/AddressLine1Txt01520 COOPER HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0BIRMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631185848
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COOKE CAMERON TRAVIS & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02109 DEVEREUX CIR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02059670101
ReturnHeader/PreparerPersonGrp/PreparationDt02015-12-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W COOKE
ReturnHeader/ReturnTs02016-01-19T14:42:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,716,099
Liabilities
$3,168,917
Net assets
-$1,452,818
Revenue
$659,696
Expenses
$717,976
Net income
-$58,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$3.08$1.21$0.83$0.74$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.74$3.03$1.30$0.79$0.71$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.84$3.21$1.38$0.83$0.67$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.76$3.30$1.54$0.74$0.69$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.80$3.39$1.60$0.75$0.69$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.84$3.49$1.65$0.74$0.76$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.87$3.50$1.63$0.72$0.77$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.56$3.15$1.59$0.71$0.79$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.61$3.12$1.51$0.72$0.77$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.72$3.17$1.45$0.66$0.72$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.83$3.22$1.39$0.65$0.73$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$3.23$1.32$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$3.30$1.25$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$3.29$1.19$0.67