Wesley Woods Inc
- Assets
- $465.5k
- Revenue
- $417.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Atlanta, GA
- Founding
- 04/1994
- Data as of
- 08/2021
- EIN
- 58-2082943
Organization Overview
Wesley Woods Inc, operating under the name Simpson Estates Wesley Mountain Village Wesley Mountain Village, is located in Atlanta, GA. The organization was established in 1994. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 08/2021, Simpson Estates Wesley Mountain Village Wesley Mountain Village employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simpson Estates Wesley Mountain Village Wesley Mountain Village 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 08/2021, Simpson Estates Wesley Mountain Village Wesley Mountain Village generated $417.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $320.6k during the year ending 08/2021. While expenses have increased by 2.7% per year over the past 6 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
OUR MISSION IS TO CREATE COMMUNITIES OF CONNECTION, WELL-BEING AND PROMISE
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESLEY WOODS, INC. DEVELOPS AND PROVIDES SERVICE SUPPORT VIA COVENANTS AND RESTRICTIONS FOR 60 INDIVIDUAL FEE SIMPLE COTTAGE HOMES IN A RETIREMENT COMMUNITY SETTING IN SCENIC BLAIRSVILLE, GA. 100% OF THE COTTAGE HOMES ARE OCCUPIED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Gadd CFO & Secretary/treasurer | OfficerTrustee | 1 | $0 |
Randy Gerig CFO & Secretary/treasurer | OfficerTrustee | 4 | $0 |
Terry Barcroft President & CEO | OfficerTrustee | 4 | $0 |
Jim Chapman Chair | OfficerTrustee | 1 | $0 |
Lauri Ann Brooks Vpo | Officer | 12 | $0 |
John Ethridge Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $125,364 |
| 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 | $125,364 |
| Total Program Service Revenue | $262,080 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,733 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $417,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $465 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,673 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,041 |
| Payroll taxes | $7,290 |
| Fees for services: Management | $13,182 |
| Fees for services: Legal | $8,401 |
| Fees for services: Accounting | $2,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,627 |
| Office expenses | $4,704 |
| Information technology | $327 |
| Royalties | $0 |
| Occupancy | $56,862 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,064 |
| Insurance | $6,203 |
| All other expenses | $194 |
| Total functional expenses | $320,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,888 |
| Savings and temporary cash investments | $30,224 |
| Pledges and grants receivable | $0 |
| 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 | $1,082 |
| Prepaid expenses and deferred charges | $7,433 |
| Net Land, buildings, and equipment | $298,969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,925 |
| Total assets | $465,521 |
| Accounts payable and accrued expenses | $12,333 |
| 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 | $63,415 |
| Total liabilities | $75,748 |
| Net assets without donor restrictions | $387,848 |
| Net assets with donor restrictions | $1,925 |
| 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 | $465,521 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wesley Woods Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Fisher-Crum Foundation Inc Albany, GA PURPOSE: CHARITABLE, EDUCATIONAL OR RELIGIOUS | $5,000 |
Peer Organizations
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|---|---|---|
Pinellas Public Library Cooperative Inc Clearwater, FL | $3,405,069 | $7,355,806 |
Nc State University Partnership Corporation Raleigh, NC | $25,242,757 | $8,028,550 |
Partnership For Families Children And Adults Inc Chattanooga, TN | $6,989,101 | $6,359,837 |
Fair Count Inc Atlanta, GA | $4,514,857 | $4,335,269 |
Tennessee Coalition To End Domestic And Sexual Violence Nashville, TN | $1,243,708 | $2,876,660 |
The Paramount Foundation Bristol, TN | $2,156,757 | $3,301,489 |
North Carolina Center For Non Profit Organizations Inc Raleigh, NC | $2,108,648 | $2,007,957 |
Triangle Strategic And Financial Advising For Not-For-Profits Atlanta, GA | $0 | $1,478,314 |
American Board Of Pediatrics Foundation Inc Chapel Hill, NC | $6,923,680 | $728,631 |
Nonprofits First Inc West Palm Beach, FL | $551,900 | $1,463,933 |
Direct Action And Research Training Miami Shores, FL | $925,467 | $1,809,917 |
Presbyterian Housing Foundation Of Florida Inc St Petersburg, FL | $13,179,570 | $1,686,122 |