Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
50th percentile
Higher net margin than 50% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Down$279,192
Down $240,552 (-46%) from 2022
Net Assets
Up$171,337
Up $5,050 (+3.0%) from 2022
Liabilities
Down$107,855
Down $245,602 (-69%) from 2022
Revenue And Expenses
Revenue
Up$172,824
Up $58,830 (+52%) from 2022
Expenses
Down$167,774
Down $25,378 (-13%) from 2022
Net Income
Up$5,050
Up $84,208 (+106%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Nov 6, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $172,824
Mission and Program Overview
Mission
To provide low income housing to the elderly and handicapped
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The organization provided low-income housing for the elderly and all expenditures are directed towards this purpose. Prior to September 6, 2019, the entity owned the asset providing apartments to low-income elderly individuals. On September 6, 2019, the organization sold this asset into a partnership it maintains a general partner interest in. Through this investment, the organization is ensuring the asset maintains its affordable nature for at least 15 years and receives a significant rehabilitation in the process. | $137,000 | $167,774 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GREG ESTEP | President | - | $0 | - | - |
| AUDREY BENJAMIN | Director | - | $0 | - | - |
| REV DR CUONG NGUYEN | Secretary | - | $0 | - | - |
| ANTOINETTE RYDER | CFO | - | $0 | - | - |
| HIEU MINH CASTLE | Director | - | $0 | - | - |
| JOSEPH HUYNH | Director | - | $0 | - | - |
| DANIEL LE | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Wesley Developments
- EIN
- 95-2810896
- Phone
- 6198768913
- Address
- 5380 EL CAJON BLVD, SAN DIEGO, CA 92115
Signing Officer
- Name
- Greg Estep
- Title
- President
- Signed
- 2023-11-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Propp Christensen Caniglia Llp
- Address
- 9261 Sierra College Boulevard, Roseville, CA 95661
- Preparer
- Justin Gierth CPA
- Phone
- 9167512900
Supplemental Narrative
Additional Explanations
Other Revenue.1
“MISCELLANEOUS $134”
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Donee's Name: WESLEY UNITED METHODIST CHURCH | Donee's Address: 5380 EL CAJON BLVD SAN DIEGO CA 92115 | Cash Amount Given: $37000”
Grants and Similar Amounts Paid In Excess of $5,000.2
“| Donee's Name: WESLEY COMMUNITY SERVICES CENTER | Donee's Address: 5380 EL CAJON BLVD SAN DIEGO CA 92115 | Cash Amount Given: $100000”
Other Expenses.1
“MANAGEMENT FEE $30015”
Other Expenses.2
“MISC EXPENSES $642”
Other Expenses.3
“BANK CHARGES $117”
Other Assets.1
“INVESTMENT IN WESLEY TERRACE - Beginning $353372 INVESTMENT IN WESLEY TERRACE - Ending $107761”
Other Assets.2
“INVESTMENT IN WESLEY DEVELOPMENTS - Beginning $146 INVESTMENT IN WESLEY DEVELOPMENTS - Ending $289”
Total Liabilities.1
“QUALIFIED NONRECOURSE LIABILITY FROM K-1 - Beginning $994 QUALIFIED NONRECOURSE LIABILITY FROM K-1 - Ending $969”
Total Liabilities.2
“RECOURSE LIABILITIES FROM K-1 - Beginning $352463 RECOURSE LIABILITIES FROM K-1 - Ending $106886”
Raw XML Appendix175 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GREG ESTEP |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6198768913 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5380 EL CAJON BLVD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SAN DIEGO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 92115 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 166226 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 171142 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5050 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 519744 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 279192 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 137000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172824 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 217 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 166287 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 171337 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 166287 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 171337 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GREG ESTEP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | AUDREY BENJAMIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | REV DR CUONG NGUYEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ANTOINETTE RYDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | HIEU MINH CASTLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JOSEPH HUYNH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DANIEL LE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 353518 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 108050 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 30774 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 134 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND HANDICAPPED |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 172473 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The organization provided low-income housing for the elderly and all expenditures are directed towards this purpose. Prior to September 6, 2019, the entity owned the asset providing apartments to low-income elderly individuals. On September 6, 2019, the organization sold this asset into a partnership it maintains a general partner interest in. Through this investment, the organization is ensuring the asset maintains its affordable nature for at least 15 years and receives a significant rehabilitation in the process. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 137000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 167774 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 353457 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 107855 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 167774 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 167774 |
| IRS990EZ/TotalRevenueAmt | 0 | 172824 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1815483 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1815483 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 217 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1365 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 79304 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 80912 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 134 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 134 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3078 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 3346 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1815483 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1815483 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1815483 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1899741 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISCELLANEOUS $134 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Donee's Name: WESLEY UNITED METHODIST CHURCH | Donee's Address: 5380 EL CAJON BLVD SAN DIEGO CA 92115 | Cash Amount Given: $37000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Donee's Name: WESLEY COMMUNITY SERVICES CENTER | Donee's Address: 5380 EL CAJON BLVD SAN DIEGO CA 92115 | Cash Amount Given: $100000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MANAGEMENT FEE $30015 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MISC EXPENSES $642 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BANK CHARGES $117 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | INVESTMENT IN WESLEY TERRACE - Beginning $353372 INVESTMENT IN WESLEY TERRACE - Ending $107761 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | INVESTMENT IN WESLEY DEVELOPMENTS - Beginning $146 INVESTMENT IN WESLEY DEVELOPMENTS - Ending $289 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | QUALIFIED NONRECOURSE LIABILITY FROM K-1 - Beginning $994 QUALIFIED NONRECOURSE LIABILITY FROM K-1 - Ending $969 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | RECOURSE LIABILITIES FROM K-1 - Beginning $352463 RECOURSE LIABILITIES FROM K-1 - Ending $106886 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Grants and Similar Amounts Paid In Excess of $5,000.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GREG ESTEP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WESLEY DEVELOPMENTS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WESL |
| ReturnHeader/Filer/EIN | 0 | 952810896 |
| ReturnHeader/Filer/PhoneNum | 0 | 6198768913 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5380 EL CAJON BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAN DIEGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 92115 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 262363334 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PROPP CHRISTENSEN CANIGLIA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9261 Sierra College Boulevard |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Roseville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 95661 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9167512900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JUSTIN GIERTH CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-06T12:50:14-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GREG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ESTEP |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $279,192
- Liabilities
- $107,855
- Net assets
- $171,337
- Revenue
- $172,824
- Expenses
- $167,774
- Net income
- $5,050