Wellmont Wexford House
- Assets
- $11.8m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 176
- Location
- Johnson City, TN
- Founding
- 06/2003
- Data as of
- 06/2022
- EIN
- 58-1859039
Organization Overview
Wellmont Wexford House is located in Johnson City, TN. The organization was established in 2003. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Wellmont Wexford House employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellmont Wexford House 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 06/2022, Wellmont Wexford House generated $11.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $16.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HONOR THOSE WE SERVE BY DELIVERING THE BEST POSSIBLE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Deaton Bh Evpcoo Director | OfficerTrustee | 0.1 | $0 |
Alan Levine Bh Presceo Director | OfficerTrustee | 0.1 | $0 |
Marvin Eichorn Bh Evpcao Director | OfficerTrustee | 0.1 | $0 |
Tim Belisle Bh Evpgen Cnsl Director | OfficerTrustee | 0.1 | $0 |
Mark Chappell Bh Avp, CFO Hh | Officer | 0.1 | $0 |
Michele Rusek Sr Dir L/t Care | Officer | 35 | $147,683 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc & Affiliates Professional Sv | 6/29/18 | $859,630 |
Interior Concepts Professional Sv | 6/29/18 | $150,500 |
Rehab Solutions Inc Rehab Services | 6/29/18 | $827,619 |
Pharmacy Network Services Inc Med. Supplies | 6/29/18 | $466,389 |
Supplyworks Misc. Supplies | 6/29/18 | $108,590 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,570,747 |
| Investment income | $0 |
| 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 | $11,612,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $191,413 |
| Compensation of current officers, directors, key employees. | $191,413 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,555,272 |
| Pension plan accruals and contributions | $122,432 |
| Other employee benefits | $1,038,472 |
| Payroll taxes | $448,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,258,535 |
| Advertising and promotion | $2,065 |
| Office expenses | $166,214 |
| Information technology | $221,308 |
| Royalties | $0 |
| Occupancy | $268,726 |
| Travel | $2,097 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $561,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $521,002 |
| Insurance | $73,144 |
| All other expenses | $442,492 |
| Total functional expenses | $16,079,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $744,466 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $58,215 |
| Prepaid expenses and deferred charges | $10,062 |
| Net Land, buildings, and equipment | $3,135,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,622,979 |
| Other assets | $198,089 |
| Total assets | $11,769,586 |
| Accounts payable and accrued expenses | $2,028,494 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $44,219 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $824 |
| Total liabilities | $2,073,537 |
| Net assets without donor restrictions | $9,696,049 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,769,586 |