Wesley Willows A Methodist Retirement Home

Organization Overview

Wesley Willows A Methodist Retirement Home is located in Rockford, IL. The organization was established in 1965. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Wesley Willows A Methodist Retirement Home employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley Willows A Methodist Retirement Home 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, Wesley Willows A Methodist Retirement Home generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WESLEY WILLOWS PROVIDES HOUSING AND SERVICES FOR SENIOR CITIZENS WITH A POLICY TO MAINTAIN RESIDENTS THAT BECOME UNABLE TO PAY. WESLEY WILLOWS' STATED PURPOSES INCLUDE PROMOTING CHRISTIAN PRINCIPLES FOR THE DEVELOPMENT AND IMPROVEMENT OF PERSONS OF RETIREMENT AGE, AND INSPIRING SENIORS TO CELEBRATE LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WESLEY WILLOWS PROVIDES HOUSING AND RELATED SERVICES FOR APPROXIMATELY 150 SENIOR CITIZENS WITH A POLICY TO MAINTAIN RESIDENTS THAT BECOME UNABLE TO PAY. RELATED SERVICES INCLUDE LAUNDRY, HOUSEKEEPING, MEALS, NURSING, PROGRAMMING ACTIVITIES, TRANSPORTATION AND CHAPLAINCY. WESLEY WILLOWS' PURPOSE IS TO PROMOTE CHRISTIAN PRINCIPLES FOR THE INTELLECTUAL, MORAL, SPIRITUAL AND PHYSICAL DEVELOPMENT AND IMPROVEMENT OF PERSONS OF RETIREMENT AGE, INCLUDING THE PROMOTION OF HARMONY, HEALTH AND HAPPINESS OF SUCH PERSONS IN ACCORDANCE WITH WESLEY WILLOWS' MISSION STATEMENT: "WE PROMOTE ACTIVE, SECURE LIFESTYLES FOR SENIORS THROUGH ONGOING PERSONALIZED CARE"; AND CAUSE STATEMENT: "INSPIRING SENIORS TO CELEBRATE LIFE".


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Board, Officers & Key Employees

Name (title)Compensation
William Pratt
President CEO
$460,709
Debra Adkins
Chief Operating Officer
$273,589
Mark Ticknor
Treasurer
$251,151
Jennifer O'brien
Director Of Human Services
$126,734
Helen Dittmer
Director Of Nursing
$118,888
Lu-Anne Brannum
Heathcare Administrator
$110,341

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations-$956,593
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$797,149
Noncash contributions included in lines 1a–1f -$159,444
Total Revenue from Contributions, Gifts, Grants & Similar-$159,444
Total Program Service Revenue$4,537,046
Investment income $889,485
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $964,142
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,663,074

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Wesley Willows A Methodist Retirement Home has recieved totaling $17,891.

Awarding OrganizationAmount
Community Foundation Of Northern Illinois

Rockford, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$13,926
$2,734
$697
Arthur J Gallagher Foundation

Rolling Meadows, IL

PURPOSE: GENERAL EXEMPT PURPOSE

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$34
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,020,192
Earnings-$2,534,150
Net Contributions$14,907
Other Expense$5,090
Ending Balance$11,495,859

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