Wesley Homes Foundation A Supporting Organization
- Assets
- $19.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Des Moines, WA
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 91-1732317
Organization Overview
Wesley Homes Foundation A Supporting Organization is located in Des Moines, WA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Wesley Homes Foundation A Supporting Organization employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley Homes Foundation A Supporting Organization 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 Foundation A Supporting Organization generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wesley Homes Foundation A Supporting Organization has awarded 19 individual grants totaling $13,105,997. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT WESLEY HOMES AFFILIATES THROUGH FUNDRAISING INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED BY DIRECT CONTRIBUTIONS FROM DONORS TO HELP WESLEY HOMES CAMPUSES REDUCE THE IMPACT TO OPERATIONAL EXPENSES INCURRED BY RESIDENT ACTIVITIES, CHAPLAINCY, AND RESIDENT LIBRARIES.
THE RESIDENT ASSISTANCE PROGRAMS ARE FUNDED BY DIRECT CONTRIBUTIONS AND ENDOWED CONTRIBUTIONS FROM DONORS TO HELP THE WESLEY HOMES CAMPUSES REDUCE THE IMPACT OF SUBSIDIES TO RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL MEANS TO RECEIVE INDEPENDANT AND ASSISTED LIVING SERVICES.
THE BISHOP MCCONNELL PROGRAMS ARE FUNDED BY WESLEY HOMES DES MOINES TO PROVIDE FOR THE MEDICAL AND OTHER NEEDS OF QUALIFIED INDEPENDENT LIVING AND ASSISTED LIVING RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mcconnell Executive Director | Officer | 50 | $204,189 |
Brian Garrett President | OfficerTrustee | 1 | $0 |
Bill Freitag Secretary | OfficerTrustee | 1 | $0 |
Dick Jobst Vice President | OfficerTrustee | 1 | $0 |
Brian Frederick Treasurer | OfficerTrustee | 1 | $0 |
Kevin Anderson President/ceo | Officer | 5 | $0 |
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 | $2,458,011 |
| Noncash contributions included in lines 1a–1f | $423,392 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,458,011 |
| Total Program Service Revenue | $0 |
| Investment income | $323,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,148,579 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,930,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,384,117 |
| Grants and other assistance to domestic individuals. | $16,812 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,878 |
| Compensation of current officers, directors, key employees. | $113,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $321,475 |
| Pension plan accruals and contributions | $7,048 |
| Other employee benefits | $19,820 |
| Payroll taxes | $35,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $84,698 |
| Fees for services: Other | $45,636 |
| Advertising and promotion | $28,212 |
| Office expenses | $7,921 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $834 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,541 |
| All other expenses | $4,750 |
| Total functional expenses | $4,188,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,003,781 |
| Savings and temporary cash investments | $124,502 |
| Pledges and grants receivable | $544,541 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,190 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $16,140,453 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,757,723 |
| Total assets | $19,577,190 |
| Accounts payable and accrued expenses | $92,322 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $2,103,551 |
| Total liabilities | $2,195,873 |
| Net assets without donor restrictions | $7,002,787 |
| Net assets with donor restrictions | $10,378,530 |
| 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 | $19,577,190 |
Grants Awarded
Over the last fiscal year, Wesley Homes Foundation A Supporting Organization has awarded $3,381,197 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY HOMES DES MOINES LLC PURPOSE: RESIDENT HOUSING ASSISTANCE AND PROGRAM EXPENSES | $2,050,825 |
WESLEY HOMES BRADLEY PARK LLC PURPOSE: SUPPORT FOR CAPITAL EXPENDITURES AND GENERAL OPERATING SUPPORT | $1,330,372 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wesley Homes Foundation A Supporting Organization has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $13,000 |
Endowment Analysis
| Beg. Balance | $8,263,307 |
| Earnings | $1,140,196 |
| Net Contributions | $264,871 |
| Ending Balance | $9,668,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Philanthropy Northwest Seattle, WA | $9,442,103 | $7,893,544 |
Names Family Foundation Fircrest, WA | $140,493,292 | $4,553,326 |
Spokane Housing Ventures Spokane, WA | $41,846,446 | $7,474,764 |
Wesley Homes Foundation A Supporting Organization Des Moines, WA | $19,577,190 | $4,930,467 |
Consumer Voices Are Born Vancouver, WA | $1,434,971 | $3,293,379 |
Fish Ellensburg, WA | $3,698,785 | $3,084,474 |
Washington Alliance For Better Schools Shoreline, WA | $1,940,818 | $2,998,308 |
The Big Table Spokane, WA | $1,821,541 | $2,378,670 |
Pullman Regional Hospital Foundation Pullman, WA | $4,880,325 | $3,359,569 |
Bob Belloni Ranch Inc Coos Bay, OR | $1,344,837 | $2,224,327 |
B P Lester & Regina John Foundation Portland, OR | $36,917,772 | $3,830,649 |