2024-09-13T09:19:20-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2023-01-01 900085021 WESLEYAN HOMES FOUNDATION WESL 5128681205 139 ESTRELLA XING GEORGETOWN TX 78628 BETHANY SISNEROZ CHIEF EXECUTIVE OFFICER 5128681205 2024-09-11 1 0 ERIKA MARTINEZ P02297196 6182331200 2024-09-11 2023 2024-08-08 14:25:15Z X BETHANY SISNEROZ 139 ESTRELLA XING GEORGETOWN TX 78628 17767725 0 X WWW.WESLEYANHOMES.ORG X 2003 TX CHARITABLE AND EDUCATIONAL PURPOSES FOR SUPPORTING WESLEYAN HOMES, INC. AND OTHER RELATED 501(C)(3) ORGANIZATIONS ACHIEVE THEIR OPERATING AND CAPITAL BUDGET GOALS AND NEEDS TO INCLUDE BENEVOLENT FUNDING TO PROVIDE ROOM, BOARD AND CARE IN CASES OF INDIVIDUAL AND FAMILY NEEDS. 6 6 0 6 0 0 1889359 2931132 0 0 -407415 293055 -11148 42745 1470796 3266932 111386 82119 0 0 54271 45865 0 0 3022 154012 159098 319669 287082 1151127 2979850 13050357 16061731 3448937 2807981 9601420 13253750 TO SUPPORT WESLEYAN HOMES, INC. AND OTHER RELATED 501(C)(3) ORGANIZATIONS ACHIEVE THEIR OPERATING AND CAPITAL BUDGET GOALS AND NEEDS TO INCLUDE BENEVOLENT FUNDING TO PROVIDE ROOM, BOARD AND CARE IN CASES OF INDIVIDUAL AND FAMILY NEEDS. 0 0 238715 82119 0 SUPPORT, PERFORM THE FUNCTIONS OF, CARRY OUT THE PURPOSES OF, AND OTHERWISE BENEFIT THE ACTIVITIES OF RELATED ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE TO INCLUDE A BENEVOLENT FUND TO PROVIDE ROOM, BOARD AND CARE IN CASES OF INDIVIDUAL AND FAMILY NEED, PROVIDE SUBSIDY OF ANY WESLEYAN HOMES OPERATING DEFICITS AND RESTORATION OF OPERATING RESERVES, PROVIDE FUNDS FOR CAPITAL, REAL & PERSONAL PROPERTY EXPENDITURES FOR WESLEYAN HOMES THAT COULD NOT BE FUNDED BUDGET, ENDOWMENT FUNDS, FUNDRAISING ACTIVITIES, AND FUNDING OF SCHOLARSHIPS AND EDUCATIONAL GRANTS. 238715 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOHN GLASS 5128681205 139 ESTRELLA XING GEORGETOWN TX 78628 EDMOND KOMANDOSKY EX OFFICIO 1.00 1.00 X 0 0 0 GENE LAWHON CHAIR 1.00 1.00 X X 0 0 0 REV DR JEFF SMITH TREASURER 1.00 1.00 X X 0 0 0 PATTY LEE VICE CHAIR 1.00 1.00 X X 0 0 0 RICHARD LACAGNINA SECRETARY 1.00 1.00 X X 0 0 0 GLENDA WHITEHEAD BOARD MEMBER 1.00 1.00 X 0 0 0 BETHANY SISNEROZ PRESIDENT & CEO 1.00 39.00 X 0 292825 21797 FRANK WOODS CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 212656 1409 KELLY GOETZ CHIEF COMPLIANCE OFFICER 1.00 39.00 X 0 149230 18840 0 654711 42046 0 0 1 0 0 2931132 2931132 568844 568844 37245 37245 14225004 14500793 -275789 -275789 -275789 OTHER OPERATING REVENUE 812900 5500 5500 5500 3266932 5500 0 330300 82119 82119 40262 33863 6392 7 2102 1768 334 3501 2945 556 56874 42189 13607 1078 7634 5663 1826 145 17451 12945 4175 331 2674 1984 640 50 CENTRAL OFFICE ALLOCATE 74147 55003 17739 1405 OTHER TAXES 318 236 76 6 287082 238715 45345 3022 256058 302563 9394553 12863485 1714221 1641770 1685525 1253913 13050357 16061731 15669 317 3433268 2807664 3448937 2807981 X 7256024 7852670 2345396 5401080 9601420 13253750 13050357 16061731 X 2979850 600958 71522 X X 0 1 X 1 0 X X 1 WESLEYAN HOMES INC 741459599 10 1 82119 0 1 82119 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3115585 2210936 296156 5622677 3692937 38949 -616301 3115585 3385034 13375 294528 3692937 3050735 17053 317246 3385034 1874097 809225 367413 3050735 0.38934 0.21225 0.39841 0 0 0 INTERCOMPANY PAYABLE 2807664 2807664 X 3867890 600958 600958 3266932 0 3266932 287082 0 287082 0 287082 PART V, LINE 4: THE BENEVOLENT ENDOWMENT FUND COMPOSES APPROXIMATELY 77% OF THE ENDOWMENT BALANCE AND IS INTENDED TO GENERATE INCOME TO HELP COVER THE ACTUAL COSTS OF CARE FOR CERTAIN RESIDENTS IN EXCESS OF THEIR MEDICAID REIMBURSEMENT OR PERSONAL ABILITY TO PAY. THE REMAINING ENDOWMENT BALANCE IS IN A GENERAL ENDOWMENT FUND INTENDED TO GENERATE INCOME TO SUPPORT CHARITABLE CARE, CAPITAL IMPROVEMENTS, SERVICES, AND PROGRAMMING OF THE ORGANIZATION AND WESLEYAN HOMES, INC. PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION REPORTS ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES AND FILES ALL PROPER RETURNS RELATED TO THESE ACTIVITIES. 1 WESLEYAN HOMES INC 139 ESTRELLA XING GEORGETOWN TX 78628 741459599 501(C)(3) 82119 0 TO HELP COVER THE ACTUAL COSTS OF CARE FOR CERTAIN WESLEYAN HOME RESIDENTS IN EXCESS OF THEIR MEDICAID REIMBURSEMENT OR PERSONAL LIABILITY TO PAY. 1 0 0 0 0 0 0 0 0 0 0 BETHANY SISNEROZ PRESIDENT & CEO 0 269425 0 15000 0 8400 0 16484 0 5313 0 314622 0 0 FRANK WOODS CHIEF FINANCIAL OFFICER 0 203591 0 9065 0 0 0 0 0 1409 0 214065 0 0 KELLY GOETZ CHIEF COMPLIANCE OFFICER 0 145399 0 3831 0 0 0 9297 0 9543 0 168070 0 0 FORM 990, PAGE 5, PART V, LINE 2C THE ORGANIZATION DOES NOT ISSUE ANY W-2'S, BUT IT DOES HAVE ALLOCATED SALARIES SHOWN ON PAGE 10 FROM A RELATED ENTITY (SEE SCHEDULE R, PAGE 1, PART II) WHO ISSUES THE W-2'S. THE ORGANIZATION IS REPORTING A NUMBER ON THIS LINE TO REFLECT THE NUMBER OF EMPLOYEES WITH ALLOCATED SALARIES SHOWN ON PAGE 10. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD, CEO AND CFO PRIOR TO FILING. THE RETURN IS REVIEWED FOR ACCURACY WITH ANY CHANGES BEING DISCUSSED AND SUBMITTED TO CLIFTONLARSONALLEN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS AND OFFICERS OF THE BOARD OF TRUSTEES AS WELL AS KEY MANAGEMENT EMPLOYEES. UPON DATE OF EMPLOYMENT OR APPOINTMENT ONTO BOARD, THESE INVIDIVIDUALS MUST SIGN A CONFLICT OF INTEREST STATEMENT STATING THAT THEY HAVE READ AND ARE FAMILIAR WITH THE BYLAWS AND, IN PARTICULAR, ARTICLE 66 REGARDING CONFLICT OF INTEREST, AND THAT THEY WILL COMPLY WITH REQUIREMENT TO REPORT, IN WRITING, ANY APPARENT CONFLICT OF INTEREST TO THE BOARD CHAIR. THE BOARD CHAIR IN CONSULTATION WITH APPROPRIATE BOARD MEMBERS AND KEY MANAGEMENT WILL DETERMINE IF A CONFLICT EXISTS AND DETERMINE APPROPRIATE RESTRICTIONS ON A CASE-BY-CASE BASIS FOR AN INDIVIDUAL WITH A CONFLICT OF INTEREST. THE CONFLICT OF INTEREST POLICY WAS REVIEWED, AND UPDATED STATEMENTS WERE SIGNED BY ALL BOARD MEMBERS DURING A 2020 BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST FROM MANAGEMENT. FORM 990, PART XI, LINE 9: CENTRAL OFFICE ALLOCATED EXPENSES 71,522. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FROM THE AUDIT. THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. WESLEYAN HOMES INC 139 ESTRELLA XING GEORGETOWN TX 78628 741459599 PROVIDE RETIREMENT, ASSISTED LIVING AND NURSING HOME ACCOMMODATIONS TX 501(C)(3) LINE 11 N/A 0 WESLEYAN HOMES PROPERTIES 139 ESTRELLA XING GEORGETOWN TX 78628 900085004 ACQUIRING, HOLDING TITLE TO, CONSTRUCTION & MAINTAINING REAL PROPERTY TX 501(C)(3) LINE 11 WESLEYAN HOMES INC 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0