Wells Villa INC

Tax-deductible

Wellsville, MO501(c)(3)EIN 23-7078690

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To provide quality housing to low income senior citizens and disabled persons.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$35K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$35K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$282K
85% of total assets
Concern: liabilities are 85% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$209K
-3% vs prior year
Spent
$205K
To programs
74%
Net assets
$49K
By yearFY2020–FY2025
Revenue
$209K
FY2025▼ -3%
Revenue by fiscal year
FY2020$187K
FY2021$184K
FY2022$193K
FY2023$218K
FY2024$215K
FY2025$209K
Expenses
$205K
FY2025▲ +4%
Expenses by fiscal year
FY2020$181K
FY2021$174K
FY2022$241K
FY2023$200K
FY2024$197K
FY2025$205K
Net assets
$49K
FY2025▲ +8%
Net assets by fiscal year
FY2020$46K
FY2021$56K
FY2022$8K
FY2023$26K
FY2024$45K
FY2025$49K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $152K Management & general 26% · $53K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $35K paid to officers and key staff.

Part VII, Section A · reportable compensation
$35,335Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Burton S Smith$35,335$38,865$28,750$41,786$40,878

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for low-income seniors and disabled individuals.

Provided by the organization

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1 program · $152K · in their own filed words · FY2025
01

To provide quality housing to low income senior citizens and disabled persons

$152Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$209K
Ln 12
Fees for servicesLn 2g$195K
Other incomeLn 4–11$13K
Investment incomeLn 3$805
Money outPt IX
$205K
Ln 25
Programscol B$152K
Managementcol C$53K
Owns and owesPt X
$49K
net assets · Ln 32
Cash and savingsLn 1–2$129K
Total assetsLn 16$331K
LiabilitiesLn 26$282K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$195K
Investment incomeLn 3$805
Other incomeLn 4–11$13K
Total revenueLn 12$209K
Assets in detailPt X, end of year
CashLn 1$57K
SavingsLn 2$72K
Cash and savings togetherLn 1–2$129K
Land, buildings, equipmentLn 10c$188K
Total assetsLn 16$331K
LiabilitiesLn 26$282K
Net assetsLn 32$49K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$122K$129K
Land, buildings, equipmentLn 10c$209K$188K
Total assetsLn 16$343K$331K
LiabilitiesLn 26$298K$282K
Net assetsLn 32$45K$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$35K$35K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$15K$15K
Office expensesLn 13$387$387
OccupancyLn 16$39K$39K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$21K$21K
Other expenses (24a–d)Ln 24$80K$80K
All other expensesLn 24e$9K$8K$425
Total functional expensesLn 25$205K$152K$53K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $209K$205K$4K$49K 990 PDF
FY2024 $215K$197K$19K$45K 990 PDF
FY2023 $218K$200K$18K$26K 990 PDF
FY2022 $193K$241K−$48K$8K 990 PDF
FY2021 $184K$174K$10K$56K 990 PDF
FY2020 $187K$181K$6K$46K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (5 parts)
Part I · Summary $208,877 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $204,898$195,038
I-10 Investment incomePrior year $727$805
I-11 Other revenuePrior year $9,768$13,034
I-12 Total revenuePrior year $215,393$208,877
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $41,838$38,038
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $154,814$167,117
I-18 Total expensesPrior year $196,652$205,155
I-19 Revenue less expensesPrior year $18,741$3,722
Part VIII · Statement of revenue $208,877 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $195,038$195,038
VIII-3 Investment incomeExcluded from tax $805$805
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $13,034$13,034
VIII-12 Total revenueRelated to mission $208,072 · Unrelated business $0 · Excluded from tax $805$208,877
Part IX · Statement of functional expenses $205,155 across 9 lines filed
IX-5 Pay of current officers, directors and key staffManagement $35,335$35,335
IX-10 Payroll taxesManagement $2,703$2,703
IX-11c Accounting feesManagement $14,542$14,542
IX-13 Office expensesManagement $387$387
IX-16 OccupancyPrograms $39,320$39,320
IX-20 InterestPrograms $3,458$3,458
IX-22 Depreciation, depletion and amortizationPrograms $21,105$21,105
IX-24 Other expenses (24a–d)Programs $79,596$79,596
IX-24e All other expensesPrograms $8,284 · Management $425$8,709
IX-25 Total functional expensesPrograms $151,763 · Management $53,392 · Fundraising $0$205,155
Part X · Balance sheet $330,954 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $49,519$56,956
X-2 Savings and temporary cash investmentsStart of year $72,707$72,279
X-4 Accounts receivableStart of year $1,009$585
X-9 Prepaid expenses and deferred chargesStart of year $10,649$13,206
X-10c Land, buildings and equipment, netStart of year $209,032$187,928
X-16 Total assetsStart of year $342,916$330,954
X-25 Other liabilitiesStart of year $20,155$21,591
X-26 Total liabilitiesStart of year $297,917$282,233
X-27 Net assets without donor restrictionsStart of year $44,999$48,721
X-32 Total net assets or fund balancesStart of year $44,999$48,721
X-33 Total liabilities and net assetsStart of year $342,916$330,954
Part XI · Reconciliation of net assets $48,721 net assets at year end
XI-1 Total revenue$208,877
XI-2 Total expenses$205,155
XI-3 Revenue less expenses$3,722
XI-4 Net assets at start of year$44,999
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$48,721

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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