Wesleylife EIN 30-0577845

Wesleylife

EIN  30-0577845 Supporting organization Johnston, IA Founded 2009
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/21/26 · see original filing: IRS
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Size
$10–100M
What they do
Empowers older adults to live independently, healthy, and well in their own homes.
Leadership
Rob Kretzinger · President & CEO · $314K
Money in and out
$12.5M revenue, $13.2M expenses
Bottom line
-5% net inflow

Empowers older adults to live independently, healthy, and well in their own homes. For fiscal year 2024 it reported $12.5M in revenue, $13.2M in expenses, and $-6.6M in net assets.Pt I

Money in and out · FY2024
Total revenue
$12.5M
Pt VIII · Ln 12
Total expenses
$13.2M
Pt IX · Ln 25
Net assets
$-6.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$666K
Where spending went · Part IX cols B–D
Program services $0.00 Management & general $1.00
Net inflow
-5%
revenue over expenses, this year▲ +86% vs prior filing year
Pass-through gifts
0%
of revenue from contributions▼ -13% vs prior filing year
Program spending
0%
of expenses reach stated programs▲ +78% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$12.5M
FY2024▲ +39%
Expenses
$13.2M
FY2024▲ +7%
Total assets
$20.3M
FY2024▲ +42%
Total liabilities
$26.9M
FY2024▲ +6%
Total revenue
$12.5M
Pt VIII · Ln 12
Total expenses
$13.2M
Pt IX · Ln 25
Net assets
$-6.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$666K
Total assetsPt X · Ln 16$20.3M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $14K of program spending, described in the organization's own filed words · FY2024.
01

Wesleylife was established in december 2010 as a supporting organization for wesley retirement services, inc. (WRS) and wesley community services, inc. (WCS). WRS was established in 1947 (originally as wesley acres, inc.) as a faith-based non-profit organization, and has since dedicated itself to providing housing, healthcare, and…

$14Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWesleylife
EINHdr · item D30-0577845
Principal addressHdr · item CJohnston, IA
WebsiteHdr · item Jwww.wesleylife.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E60)
Ruling yearIRS BMFNov 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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
President & CEO
$314,497Pt VII · Sec A
Chief Culture Officer
$274,427Pt VII · Sec A
VP Network Operations
$266,355Pt VII · Sec A
Chief Marketing Officer
$209,065Pt VII · Sec A
VP Info Solutions
$201,348Pt VII · Sec A
Regional Director Network
$177,116Pt VII · Sec A
$120,423Pt VII · Sec A
$116,212Pt VII · Sec A

Rob Kretzinger’s $314K as President & CEO is at the 49th percentile of top reported officer pay among 2900 $10–100M health care 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

NameFY2024FY2023FY2022FY2021FY2020
Janet Simpson$266,355$333,417$226,435$224,850$204,530
Rob Kretzinger$314,497$297,051$65,688$80,036$135,997
Kristy Vanderwiel$274,427$246,152$231,579$219,237
Kristy Can Der Wiel$235,604
Darren Schlapkohl$234,543$209,867
Matt Garcia$227,320$209,485$195,389
Amy Hutchins$209,065$201,801$192,063
Amber Wentz$201,348$189,415$180,261$169,814$176,264

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$12.3M · 98%
Investment income$150K · 1%
Program service revenue98%$12.3M
Investment income1%$150K
Contributions & grants$58K
Total revenueLn 12$12.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.00 Management & general $1.00
Program services$14K
Management & general100%$13.1M
Total functional expensesLn 25$13.2M

Balance Sheet

Part X · end of year
CashLn 1$178K
Total assetsLn 16$20.3M
Total liabilitiesLn 26$26.9M
Total net assetsLn 32$-6.6M
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.1M · Operating expenses/yr $13.2M
6.5 months
Where the money goes
Program services
Program services $14K · Total expenses $13.2M
0%
Management & General
Management & general $13.1M · Total expenses $13.2M
100%
Fundraising
Fundraising $0 · Total expenses $13.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $170K · Solicited contributions (3-yr avg) $47K
$3.61 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $58K · Total revenue $12.5M
0%
Government reliance
Government grants — · Total revenue $12.5M
Earned-income share
Program service revenue $12.3M · Total revenue $12.5M
98%
Investment reliance
Investment income $150K · Total revenue $12.5M
+1%
Program self-sufficiency
Program service revenue $12.3M · Total expenses $13.2M
93%
Growth & trend
Revenue growth (YoY)
This year $12.5M · Prior year $9.0M
+39%
Revenue CAGR
FY2020 $10.4M · FY2024 $12.5M
+5%
Net-asset trend (YoY)
End of year $-6.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12.5M · Expenses $13.2M
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $20.3M
Net-asset ratio
Net assets $-6.6M · Total assets $20.3M
-32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.7M · Other securities (Pt X, ln 12) $225K · Total assets (Pt X, ln 16) $20.3M
34%
People & payroll
Highest Reported Total Compensation
Individual Rob Kretzinger · Reported title PRESIDENT & CEO · Highest reported compensation $314K · Total expenses $13.2M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.7M · Total expenses $13.2M
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 0%
Overhead ratio 100%
Fundraising cost ratio 0%
Revenue growth 39%
Investment management fee ratio 1%
Legal fee ratio 2%
Accounting fee ratio 3%

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 · FY2025
Total grants receivedfrom 1 funder$80K

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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
FY2024 (Latest)$12.5M revenue · viewing · ⤓ 990 PDF
FY2023$9.0M revenue · ⤓ 990 PDF
FY2022$10.1M revenue · ⤓ 990 PDF
FY2021$10.5M revenue · ⤓ 990 PDF
FY2020$10.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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