Wells Villa INC: FY2020 Nonprofit Profile & Form 990 (EIN 23-7078690)

Revenue by fiscal year
FY2020	$187K
FY2021	$184K
FY2022	$193K
FY2023	$218K
FY2024	$215K
FY2025	$209K

Expenses by fiscal year
FY2020	$181K
FY2021	$174K
FY2022	$241K
FY2023	$200K
FY2024	$197K
FY2025	$205K

Net assets by fiscal year
FY2020	$46K
FY2021	$56K
FY2022	$8K
FY2023	$26K
FY2024	$45K
FY2025	$49K

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

76 cents of each dollar spent went to programs.

76%

24%

Program services 76% · $137K Management & general 24% · $44K

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; $41K paid to officers and key staff.

Part VII, Section A · reportable compensation

Burton S Smith

Treasurer

$40,878Pt VII · Sec A

James Gooch

Vice President

$0Pt VII · Sec A

Mike Anderton

President

$0Pt VII · Sec A

Liza Darr

Secretary

$0Pt VII · Sec A

Kristine Romaker

Director

$0Pt VII · Sec A

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

Name	FY2025	FY2024	FY2023	FY2021	FY2020
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.

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Provided by the organization

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1 program · $137K · in their own filed words · FY2020

01

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

$137Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$187K

Ln 12

Fees for servicesLn 2g$176K

Other incomeLn 4–11$10K

Investment incomeLn 3$851

Money outPt IX

$181K

Ln 25

Programscol B$137K

Managementcol C$44K

Owns and owesPt X

$46K

net assets · Ln 32

Cash and savingsLn 1–2$114K

Total assetsLn 16$416K

LiabilitiesLn 26$370K

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$176K

Investment incomeLn 3$851

Other incomeLn 4–11$10K

Total revenueLn 12$187K

Assets in detailPt X, end of year

CashLn 1$27K

SavingsLn 2$87K

Cash and savings togetherLn 1–2$114K

Land, buildings, equipmentLn 10c$294K

Total assetsLn 16$416K

LiabilitiesLn 26$370K

Net assetsLn 32$46K

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

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$107K	$114K
Land, buildings, equipmentLn 10c	$316K	$294K
Total assetsLn 16	$429K	$416K
LiabilitiesLn 26	$389K	$370K
Net assetsLn 32	$41K	$46K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$27K		$27K
Payroll taxesLn 10	$2K		$2K
Accounting feesLn 11c	$14K		$14K
Advertising and promotionLn 12	$454	$454
Office expensesLn 13	$872		$872
OccupancyLn 16	$37K	$37K
InterestLn 20	$5K	$5K
Depreciation, depletion and amortizationLn 22	$21K	$21K
Other expenses (24a–d)Ln 24	$63K	$63K
All other expensesLn 24e	$11K	$11K	$295
Total functional expensesLn 25	$181K	$137K	$44K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$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 Viewing	$187K	$181K	$6K	$46K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $186,624 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $168,305$176,098

I-10 Investment incomePrior year $792$851

I-11 Other revenuePrior year $8,658$9,675

I-12 Total revenuePrior year $177,755$186,624

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 $27,010$28,559

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $147,043$152,219

I-18 Total expensesPrior year $174,053$180,778

I-19 Revenue less expensesPrior year $3,702$5,846

Part VI · Governance 4 of 5 board members independent, 4 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members4

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $186,624 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $176,098$176,098

VIII-3 Investment incomeExcluded from tax $851$851

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,675$9,675

VIII-12 Total revenueRelated to mission $185,773 · Unrelated business $0 · Excluded from tax $851$186,624

Part IX · Statement of functional expenses $180,778 across 10 lines filed

IX-5 Pay of current officers, directors and key staffManagement $26,529$26,529

IX-10 Payroll taxesManagement $2,030$2,030

IX-11c Accounting feesManagement $14,349$14,349

IX-12 Advertising and promotionPrograms $454$454

IX-13 Office expensesManagement $872$872

IX-16 OccupancyPrograms $36,759$36,759

IX-20 InterestPrograms $4,803$4,803

IX-22 Depreciation, depletion and amortizationPrograms $21,421$21,421

IX-24 Other expenses (24a–d)Programs $62,542$62,542

IX-24e All other expensesPrograms $10,724 · Management $295$11,019

IX-25 Total functional expensesPrograms $136,703 · Management $44,075 · Fundraising $0$180,778

Part X · Balance sheet $416,204 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $31,667$27,485

X-2 Savings and temporary cash investmentsStart of year $75,818$86,525

X-4 Accounts receivableStart of year $390$451

X-9 Prepaid expenses and deferred chargesStart of year $5,721$7,463

X-10c Land, buildings and equipment, netStart of year $315,701$294,280

X-16 Total assetsStart of year $429,297$416,204

X-17 Accounts payable and accrued expenses$300

X-25 Other liabilitiesStart of year $15,889$17,768

X-26 Total liabilitiesStart of year $388,692$369,753

X-27 Net assets without donor restrictionsStart of year $40,605$46,451

X-32 Total net assets or fund balancesStart of year $40,605$46,451

X-33 Total liabilities and net assetsStart of year $429,297$416,204

Part XI · Reconciliation of net assets $46,451 net assets at year end

XI-1 Total revenue$186,624

XI-2 Total expenses$180,778

XI-3 Revenue less expenses$5,846

XI-4 Net assets at start of year$40,605

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$46,451

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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Wells Villa INC FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

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

Questions the 990 asks

Programs and updates

Questions for Wells Villa INC

By the numbers

Filing history

Schedules filed Part IV