Wesley Ridge Residence Corporation

Organization Overview

Wesley Ridge Residence Corporation is located in Columbus, OH. The organization was established in 1998. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2022, Wesley Ridge Residence Corporation employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley Ridge Residence Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Wesley Ridge Residence Corporation generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $8.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF WESLEY RIDGE RESIDENCE CORP IS TO CREATE AND MAINTAIN A CHRISTIAN COMMUNITY WHERE OLDER ADULTS CAN JOIN WITH ADMINISTRATION AND STAFF TO LIVE AS AN EXTENDED FAMILY AND BE ENCOURAGED TO LIVE AT THE HIGHEST POSSIBLE LEVEL OF INDEPENDENCE, AND IN KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST CHURCH, TO PROVIDE OLDER ADULTS WITH ACCOMMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WESLEY RIDGE RESIDENCE CORP. OPENED IN 2006 IN COLUMBUS OHIO, AND PROVIDES INDEPENDENT LIVING AND SKILLED NURSING CARE. ADDITIONAL SERVICES AVAILABLE INCLUDE SOCIAL, RECREATIONAL AND THERAPY, TRANSPORTATION, CONCIERGE, HOUSEKEEPING AND MAINTENANCE. PLEASE SEE DISCLOSURE IN SCH O FOR EXPLANATION FOR DECREASE IN PROGRAM SERVICE EXPENSES AND REVENUE


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Board, Officers & Key Employees

Name (title)Compensation
Mark J Palmer
Trustee President
$0
Mark E Storer
Trustee Vice President (part Year)
$0
R Thomas Slack
Trustee Treasurer (part Year)
$0
Rev H Eugene Folden Jr
Trustee Secretary (part Year)
$0
Mary Ann Short
Trustee
$0
Celia Conlon
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Connectrn Inc
Staffing
$495,466
Wsb Rehabilitation Services Inc
Therapy Services
$403,557
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9
Noncash contributions included in lines 1a–1f $9
Total Revenue from Contributions, Gifts, Grants & Similar$9
Total Program Service Revenue$5,312,999
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,429,327

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