2024-11-13T13:16:34-06:00 2023-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-01-01 237046413 WESLEY HOUSING CORPORATION OF MEMPHIS INC WESL 9013804900 1615 APPLING ROAD CORDOVA TN 38016 DONALD D OLLIO JR CFO 9013804905 2024-11-13 1 1 ROBERT J DOYLE JR P02365765 3178485700 2023 2024-10-15 13:58:12Z BRIAN HARRIS 1615 APPLING ROAD CORDOVA TN 38016 3597409 0 X WWW.WESLEYLIVING.COM X 1969 TN WESLEY HOUSING CORPORATION OF MEMPHIS, INC. IS A TENNESSEE NOT-FOR-PROFIT CORPORATION WHICH PROVIDES PROPERTY MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES. AS OF DECEMBER 31, 2023, MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES ARE PROVIDED TO THIRTY-THREE AFFILIATED AND UNAFFILIATED CORPORATIONS. 9 9 212 13 0 0 0 0 5010580 3453277 3533 11115 371498 133017 5385611 3597409 72828 73328 0 0 2143148 2271582 0 0 0 1572724 1505728 3788700 3850638 1596911 -253229 7157368 7442980 335742 874583 6821626 6568397 X WESLEY HOUSING CORPORATION OF MEMPHIS, INC. IS A TENNESSEE NOT-FOR-PROFIT CORPORATION WHICH PROVIDES PROPERTY MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES. AS OF DECEMBER 31, 2023, MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES ARE PROVIDED TO THIRTY-FOUR AFFILIATED AND UNAFFILIATED CORPORATIONS. 0 0 3501118 73328 3586294 WESLEY HOUSING CORPORATION OF MEMPHIS, INC. IS A TENNESSEE NOT-FOR-PROFIT CORPORATION WHICH PROVIDES PROPERTY MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES. AS OF DECEMBER 31, 2023, MANAGEMENT, DEVELOPMENT, AND RELATED SERVICES ARE PROVIDED TO THIRTY-FOUR AFFILIATED AND UNAFFILIATED CORPORATIONS. 3501118 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 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 1 1 0 1 18 0 1 212 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X WESLEY HOUSING CORP OF MEMPHIS 9013804900 1615 APPLING RD CORDOVA TN 38016 SANDI ALLEN CHAIRPERSON 2.00 4.00 X X 0 0 0 REV BERNARDO ZAPATA VICE CHAIRPERSON 2.00 4.00 X X 0 0 0 NANCY BLAIR BONK DIRECTOR 2.00 4.00 X 0 0 0 DAMONN RUSSELL DIRECTOR 2.00 4.00 X 0 0 0 FRANK CARNEY DIRECTOR 2.00 4.00 X 0 0 0 J KEATON MORRIS DIRECTOR 2.00 4.00 X 0 0 0 STEVE MITCHENER DIRECTOR 2.00 4.00 X 0 0 0 ANDREA MERRIWEATHER DIRECTOR 2.00 4.00 X 0 0 0 WILLIAM DANIELS DIRECTOR 2.00 4.00 X 0 0 0 REV DAVID WEATHERLY NON-VOTING SECRETARY/TREAS 2.00 4.00 X 0 0 0 RONALD BUDYNAS NON-VOTING VICE PRESIDENT 40.00 X 150840 0 16040 DONALD OLLIO NON-VOTING VICE PRESIDENT AND CFO 40.00 X 207400 0 34858 BRIAN HARRIS NON-VOTING PRESIDENT 40.00 X 185353 0 32297 543593 0 83195 3 0 1 0 0 SERVICE FEE INCOME 531110 1739035 1739035 MANAGEMENT FEES 531110 1714242 1714242 3453277 11115 11115 MISCELLANEOUS REVENUE 531110 133017 133017 133017 3597409 3586294 0 11115 73328 73328 1951982 1951982 200328 200328 119272 119272 3405 3405 38783 29783 9000 44642 44642 292473 292473 195101 195101 123976 123976 68995 68995 RENTAL INCOME (LOSS) 485415 485415 DEVELOPMENT COSTS 97238 97238 743(B) DEPRECIATION 74147 74147 MISCELLANEOUS EXPENSES 54949 54949 26604 26604 3850638 3501118 349520 0 2681705 2123303 4059985 5119042 110431 86127 578649 464341 119746 114308 200 200 185301 0 7157368 7442980 331948 313045 842 84 2952 561454 335742 874583 X 0 0 0 0 6821626 6568397 6821626 6568397 7157368 7442980 -253229 0 X 0 0 0 53156 41293 11863 180234 152501 27733 345259 270547 74712 114308 INVESTMENT IN PARTNERSHIPS 561454 561454 X PART X, LINE 2: THE CORPORATION IS ORGANIZED UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE OPERATIONS OF A CORPORATION ORGANIZED UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE ARE GENERALLY TAX-EXEMPT, HOWEVER CERTAIN ACTIVITIES MAY BE DEEMED TAXABLE. DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE CORPORATION'S OPERATIONS WERE NOT TAXABLE, AND ACCORDINGLY, NO PROVISION FOR THE APPLICABLE INCOME TAXES HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. 1 WESLEY AT GRACELAND INC 1615 APPLING ROAD CORDOVA TN 38016 581878356 501(C)(3) 72000 0 TO ASSIST IN PROVIDING HOUSING AND SERVICES FOR THE ELDERLY PART I, LINE 2: GRANTS AND CONTRIBUTIONS ARE AWARDED TO HELP WITH THE OVERALL MISSION TO PROVIDE EXCELLENT HOUSING AND SERVICES WHICH ENHANCE THE QUALITY OF LIVING FOR ELDERLY PERSONS AND THEIR FAMILIES. X 0 0 0 0 0 0 0 0 0 DONALD OLLIO NON-VOTING VICE PRESIDENT AND CFO 207400 0 0 0 0 0 0 0 34858 0 242258 0 0 0 BRIAN HARRIS NON-VOTING PRESIDENT 185353 0 0 0 0 0 0 0 32297 0 217650 0 0 0 RONALD BUDYNAS NON-VOTING VICE PRESIDENT 150840 0 0 0 0 0 0 0 16040 0 166880 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY AN OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF ALL EMPLOYEES IS DETERMINED THROUGH THE APPROVAL OF THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS FINANCIAL INFORMATION TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG AND UPON WRITTEN REQUEST. 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