Wesley Homes
- Assets
- $289.6m
- Revenue
- $68.5m
- Investments
- $0.0
- Employees
- 772
- Location
- Des Moines, WA
- Founding
- 08/1945
- Data as of
- 12/2021
- EIN
- 91-0583380
Organization Overview
Wesley Homes is located in Des Moines, WA. The organization was established in 1945. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Wesley Homes employed 772 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley Homes 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 12/2021, Wesley Homes generated $68.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $65.4m during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES RETIREMENT HOUSING AND CARE SERVICES FOR OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESLEY HOMES DES MOINES SERVES AN AVERAGE OF 425 SENIORS AT ANY ONE TIME IN INDEPENDENT COTTAGES/APARTMENTS, ASSISTED LIVING AND SKILLED NURSING. THIS CAMPUS EMPLOYS APPROXIMATELY 242 PEOPLE WHO PROVIDE CARE GIVING AND HOSPITALITY SERVICES. IT ALSO HOUSES THE OFFICES FOR THE PACIFIC NORTHWEST CONFERENCE OF THE UNITED METHODIST CHURCH. WESLEY HOMES DES MOINES HAS VARIOUS PROGRAMS TO ASSIST RESIDENTS WITH MONTHLY FEES BASED ON AN ANALYSIS OF INDIVIDUAL NEED. RESIDENTS BENEFITED FROM THE BISHOP MCCONNELL PROGRAM IN 2021. SINCE ITS 2001 INCEPTION, THE ORGANIZATION HAS SUBSIDIZED $5,118,051 IN RESIDENCY AND SERVICE FEES FOR BISHOP MCCONNELL SCHOLARSHIP RESIDENTS.
WESLEY HOMES LEA HILL SERVES AN AVERAGE OF 254 SENIORS AT ANY ONE TIME IN INDEPENDENT COTTAGES/APARTMENTS, ASSISTED LIVING AND SKILLED NURSING. THIS CAMPUS EMPLOYS APPROXIMATELY 102 EMPLOYEES. WITH FULLY REFUNDABLE ENTRANCE DEPOSITS AND MODERATE MONTHLY FEES. THIS CAMPUS IS AFFORDABLE TO INDIVIDUALS OF MODEST MEANS WHILE PROVIDING HIGH QUALITY PROGRAMS AND AMENITIES TO PROMOTE ACTIVE AND HEALTHY AGING.STAFF AND RESIDENTS AT WESLEY HOMES LEA HILL ARE COMMITTED TO SUPPORTING OTHER COMMUNITY ORGANIZATIONS SUCH AS CHILDREN'S THERAPY CENTER OF KENT BY PROVIDING THE INDOOR POOL FOR THE CHILDREN'S WATER THERAPY PROGRAM. THEY ALSO SUPPORT ELEMENTARY SCHOOLS, THE AUBURN FOOD BANK, THE AUBURN SENIOR CENTER, AND FAMILIES DEALING WITH AGING ISSUES BY PROVIDING VOLUNTEERS, DONATIONS AND SUPPORT GROUPS.
WESLEY HOMES BRADLEY PARK SERVES AN AVERAGE OF 231 SENIORS AT ANY ONE TIME IN INDEPENDENT APARTMENTS, BROWNSTONE CATERED LIVING AND ASSISTED LIVING. THIS CAMPUS EMPLOYS APPROXIMATELY 54 EMPLOYEES. WITH FULLY REFUNDABLE ENTRANCE DEPOSITS AND MODERATE MONTHLY FEES. THIS CAMPUS IS AFFORDABLE TO INDIVIDUALS OF MODEST MEANS WHILE PROVIDING HIGH QUALITY PROGRAMS AND AMENITIES TO PROMOTE ACTIVE AND HEALTHY AGING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Anderson President/ceo | Officer | 40 | $333,276 |
Alex Candalla Des Moines Campus Administrator | Officer | 40 | $209,138 |
Jim Yamamoto VP Of Finance | Officer | 40 | $183,796 |
Christine Tremain VP Of Marketing | Officer | 40 | $171,950 |
Greg Byrge Lea Hill Campus Administrator | 50 | $152,721 | |
Neel Martino VP Of Human Resources | Officer | 40 | $147,363 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Walsh Construction Construction | 12/30/21 | $5,262,634 |
Morrison Management Services Food Service Management | 12/30/21 | $3,585,488 |
Mediability Inc Marketing Services | 12/30/21 | $628,718 |
Consonus Therapy Services | 12/30/21 | $1,309,577 |
Koester Landscaping Landscaping Services | 12/30/21 | $374,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,384,117 |
| Government grants | $4,929,966 |
| 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 | $8,314,083 |
| Total Program Service Revenue | $57,273,603 |
| Investment income | $602,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,668,234 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,453,311 |
| 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. | $1,178,703 |
| Compensation of current officers, directors, key employees. | $1,178,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,592,951 |
| Pension plan accruals and contributions | $392,444 |
| Other employee benefits | $2,172,178 |
| Payroll taxes | $1,552,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139,374 |
| Fees for services: Accounting | $102,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,015 |
| Fees for services: Other | $6,925,731 |
| Advertising and promotion | $414,406 |
| Office expenses | $654,398 |
| Information technology | $16,480 |
| Royalties | $0 |
| Occupancy | $2,696,498 |
| Travel | $22,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,248 |
| Interest | $10,647,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,406,790 |
| Insurance | $881,517 |
| All other expenses | $0 |
| Total functional expenses | $65,417,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,343,991 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,049,765 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,159 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $578,107 |
| Net Land, buildings, and equipment | $222,855,719 |
| Investments—publicly traded securities | $26,747,348 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,017,087 |
| Total assets | $289,596,176 |
| Accounts payable and accrued expenses | $9,787,796 |
| Grants payable | $0 |
| Deferred revenue | $5,687,189 |
| Tax-exempt bond liabilities | $184,990,164 |
| Escrow or custodial account liability | $972,865 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,298,600 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,104,802 |
| Total liabilities | $275,841,416 |
| Net assets without donor restrictions | $13,754,760 |
| 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 | $289,596,176 |
Grants Awarded
Over the last fiscal year, Wesley Homes has awarded $3,630,974 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY HOMES AT HOME LLC PURPOSE: TO SUPPORT GENERAL OPERATIONS | $1,716,408 |
Des Moines, WA PURPOSE: TO SUPPORT GENERAL OPERATIONS | $1,082,661 |
Des Moines, WA PURPOSE: TO SUPPORT GENERAL OPERATIONS. | $451,603 |
WESLEY HOMES HOSPICE LLC PURPOSE: TO SUPPORT GENERAL OPERATIONS | $380,302 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wesley Homes has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |
Wesley Homes Des Moines, WA | $289,596,176 | $68,453,311 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |
Panorama Lacey, WA | $219,048,634 | $47,071,330 |
Eastside Retirement Association Redmond, WA | $226,847,033 | $37,597,342 |
Spokane United Methodist Homes Spokane, WA | $259,704,363 | $36,246,528 |
Willamette View Manor Inc Portland, OR | $158,572,403 | $34,857,993 |
Horizon House Seattle, WA | $225,517,905 | $49,618,352 |
Mennonite Home Of Albany Inc Albany, OR | $81,716,094 | $28,368,567 |
Capital Manor Inc Salem, OR | $123,001,927 | $25,198,203 |
Eliseo Tacoma, WA | $107,438,418 | $26,114,942 |
Robison Jewish Home Portland, OR | $56,916,516 | $24,370,432 |