Welllife Network INC EIN 11-2542430 Form 990 (PDF) Claim this org

Welllife Network INC

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Helps people achieve goals and independence through tailored support. For fiscal year 2025 it reported $150.7M in revenue, $147.4M in expenses, and $34.1M in net assets.Pt I

Founded
1980
Type
Public charity (501(c)(3)) · Human Services
Location
New Hyde Park, NY
Website
www.welllifenetwork.org
Filings
6 on file (2020–2025)
Revenue
$150.7MFY2025
Expenses
$147.4M
Net assets
$34.1M
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  11-2542430 Public charity (501(c)(3)) New Hyde Park, NY Founded 1980
Form 990 (PDF)
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Figures match the IRS filing checked 7/6/26 · see original: IRS
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Size
$100M+
What they do
Helps people achieve goals and independence through tailored support.
Leadership
Sherry Tucker · CEO · $502K
Money in and out
$150.7M revenue, $147.4M expenses
Bottom line
90% program efficiency
Where the money goes · FY2025
Total revenue
$150.7M
Pt VIII · Ln 12
Total expenses
$147.4M
Pt IX · Ln 25
Net assets
$34.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3.3M
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10 Fundraising $0.00
Program efficiency
90%
of spending reaches programs+0.4% vs prior filing year
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate▲ +48% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$150.7M
FY2025▲ +10%
Expenses
$147.4M
FY2025▲ +10%
Total assets
$141.9M
FY2025▲ +12%
Total liabilities
$107.8M
FY2025▲ +12%
Total revenue
$150.7M
Pt VIII · Ln 12
Total expenses
$147.4M
Pt IX · Ln 25
Net assets
$34.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3.3M
Total assetsPt X · Ln 16$141.9M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $130.5M of program spending, described in the organization's own filed words · FY2024.
01

Developmental Disabilities Services

Focuses on personalizing services and supporting individual choices through its full range of residential and day services programs. In 2024-2025 we cared for 262 individuals approximately in our 32 residential programs.

$60.7Mprogram expense
02

Mental Health Services

Offers a full-spectrum of services, from multidisciplinary teams providing individualized treatment, support, training and job opportunity services to congregate treatment facilities providing 24-HOURS, 7-DAYS a week supervision and specialized services.

$60.3Mprogram expense
03

Clinic Services

Provides a wide range of diagnostic, educational and vocational habilitative services. During 2024-2025, more than 116,300 units of service were provided. There are also eight federally funded programs that provide support to the family and incarcerated group of consumers.

$9.5Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWelllife Network INC
EINHdr · item D11-2542430
Principal addressHdr · item CNew Hyde Park, NY
WebsiteHdr · item Jwww.welllifenetwork.org
Year of formationHdr · item L1980
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P820)
Ruling yearIRS BMFOct 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$501,753Pt VII · Sec A
Senior Vice President/CFO
$314,706Pt VII · Sec A
Psychiatrist
$288,393Pt VII · Sec A
Vice President of Mental Health
$209,756Pt VII · Sec A
Nurse Practitioner
$203,577Pt VII · Sec A
Vice President - Facilities Management
$200,617Pt VII · Sec A
SR. Vice President - Medical Director
$188,891Pt VII · Sec A
$0Pt VII · Sec A

Sherry Tucker’s $502K as CEO is at the 67th percentile of top reported officer pay among 249 $100M+ human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sherry Tucker$501,753$456,404$453,657$412,908$412,915$412,824
Lori a Alameda$314,706
Qiuxia Lan$288,393$298,368$279,108$243,693$226,977$209,198
Lori Alameda$260,989$250,960$235,307$231,245$228,764
Samad Namin$236,499$233,586$254,666
Reddy Bezwada$227,976
Crystal John$209,756$222,480
Stacy a Crilly$203,577$219,364$214,360$190,249$191,386

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$147.0M · 98%
Investment income$1.2M · 1%
Other revenue$2.3M · 1%
Program service revenue98%$147.0M
Investment income1%$1.2M
Other revenue1%$2.3M
Contributions & grants$255K
Total revenueLn 12$150.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10 Fundraising $0.00
Program services90%$131.9M
Management & general10%$15.5M
Fundraising$23K
Total functional expensesLn 25$147.4M

Balance Sheet

Part X · end of year
CashLn 1$23.8M
Total assetsLn 16$141.9M
Total liabilitiesLn 26$107.8M
Total net assetsLn 32$34.1M
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $38.5M · Operating expenses/yr $147.4M
3.1 months
Where the money goes
Program services
Program services $131.9M · Total expenses $147.4M
90%
Management & General
Management & general $15.5M · Total expenses $147.4M
10%
Fundraising
Fundraising $23K · Total expenses $147.4M
0.02%
Cost to raise $1
Fundraising expense (3-yr avg) $58K · Solicited contributions (3-yr avg) $260K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $255K · Total revenue $150.7M
0.2%
Government reliance
Government grants — · Total revenue $150.7M
Earned-income share
Program service revenue $147.0M · Total revenue $150.7M
98%
Investment reliance
Investment income $1.2M · Total revenue $150.7M
+0.8%
Program self-sufficiency
Program service revenue $147.0M · Total expenses $147.4M
100%
Growth & trend
Revenue growth (YoY)
This year $150.7M · Prior year $137.0M
+10%
Revenue CAGR
FY2019 $115.6M · FY2024 $150.7M
+5%
Net-asset trend (YoY)
End of year $34.1M · Beginning of year $30.6M
+12%
Balance sheet
Surplus Margin
Revenue $150.7M · Expenses $147.4M
+2%
Liabilities-to-Assets
Total liabilities $107.8M · Total assets $141.9M
76%
Net-asset ratio
Net assets $34.1M · Total assets $141.9M
24%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $14.5M · Other securities (Pt X, ln 12) $282K · Total assets (Pt X, ln 16) $141.9M
10%
People & payroll
Highest Reported Total Compensation
Individual Sherry Tucker · Reported title CEO · Highest reported compensation $502K · Total expenses $147.4M
0.3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $93.9M · Total expenses $147.4M
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 9%
Revenue growth 10%
Investment management fee ratio 0.08%
Legal fee ratio 0.4%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$25K
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$150.7M revenue · viewing · ⤓ 990 PDF
FY2024$137.0M revenue · ⤓ 990 PDF
FY2023$133.9M revenue · ⤓ 990 PDF
FY2022$133.0M revenue · ⤓ 990 PDF
FY2021$116.4M revenue · ⤓ 990 PDF
FY2020$115.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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