To provide rental housing and related services to seniors.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 4 volunteers and 17 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $3.2M a year · 45% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$119K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.1M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$101.9M
106% of total assets
Concern: liabilities are 106% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.1M
+43% vs prior year
Spent
$15.8M
To programs
87%
Net assets
−$5.9M
By yearFY2020–FY2024
Revenue
$14.1M
FY2024▲ +43%
Tap a bar for its year
Revenue by fiscal year
FY2020$51K
FY2021$1.7M
FY2022$10.4M
FY2023$9.9M
FY2024$14.1M
Expenses
$15.8M
FY2024▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$477K
FY2021$8.2M
FY2022$13.3M
FY2023$14.5M
FY2024$15.8M
Net assets
−$5.9M
FY2024▼ -41%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.9M
FY2021$3.4M
FY2022$478K
FY2023−$4.2M
FY2024−$5.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2019.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $13.7M Management & general 13% · $2.1M

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

7 people listed on the 990; $119K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrator (as of March 2024)
$108,185Pt VII · Sec A
Administrator (through January 2024)
$10,501Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
VP of Finance
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Heidi Davis Campus’s $108K as Administrator (as of March 2024) is at the 5th percentile of top reported officer pay among 676 $10–100M housing 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022
Heidi Davis Campus$108,185——
Mary Lotte—$58,327$106,483
Lisa Osterloh——$100,006
Jennifer Dumo—$68,960—
Jennifer Dumo Campus$10,501——

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.

See Wesley Homes Pierce County executive salaries →

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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 rental housing and support services for seniors.

Questions for Wesley Homes Pierce County

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Provided by the organization

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1 program · $13.7M · in their own filed words · FY2024
01

Wesley homes tehaleh at pierce county serves an average of 246 seniors at any one time in independent apartments, brownstone catered living and assisted living. This campus employs approximately 63 employees. With fully refundable entrance deposits and moderate monthly fees.

$13.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Wesley HomesFY2024$1.1M
Total grants receivedfrom 1 funder$1.1M

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$14.1M
Ln 12
Fees for servicesLn 2g$11.6M
Gifts and grantsLn 1h$2.2M
Investment incomeLn 3$337K
Money outPt IX
$15.8M
Ln 25
Programscol B$13.7M
Managementcol C$2.1M
Owns and owesPt X
−$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.2M
Total assetsLn 16$96.0M
LiabilitiesLn 26$101.9M
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$11.6M
Investment incomeLn 3$337K
Other incomeLn 4–11$796
Total revenueLn 12$14.1M
Assets in detailPt X, end of year
CashLn 1$3.2M
Cash and savings togetherLn 1–2$3.2M
Land, buildings, equipmentLn 10c$80.5M
Other assetsLn 15$10.2M
Total assetsLn 16$96.0M
LiabilitiesLn 26$101.9M
Net assetsLn 32−$5.9M
OperationsPt I, VI
EmployeesI 517
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$3.2M
Land, buildings, equipmentLn 10c$84.7M$80.5M
Total assetsLn 16$96.4M$96.0M
LiabilitiesLn 26$100.6M$101.9M
Net assetsLn 32−$4.2M−$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.8M$1.3M$501K
Pension plan contributionsLn 8$21K$15K$6K
Other employee benefitsLn 9$169K$122K$47K
Payroll taxesLn 10$145K$104K$41K
Management feesLn 11a$568K$433K$135K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$38K$38K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$1.8M$1.6M$154K
Advertising and promotionLn 12$222K$93K$128K
Office expensesLn 13$53K$51K$2K
Information technologyLn 14$7K$3K$4K
OccupancyLn 16$943K$397K$546K
TravelLn 17$26K$11K$15K
InterestLn 20$4.4M$4.4M
Depreciation, depletion and amortizationLn 22$4.3M$4.3M
InsuranceLn 23$131K$19K$112K
Other expenses (24a–d)Ln 24$1.1M$820K$306K
All other expensesLn 24e$63K$26K$36K
Total functional expensesLn 25$15.8M$13.7M$2.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $14.1M$15.8M−$1.7M−$5.9M 990 PDF
FY2023 $9.9M$14.5M−$4.6M−$4.2M 990 PDF
FY2022 $10.4M$13.3M−$2.9M$478K 990 PDF
FY2021 $1.7M$8.2M−$6.5M$3.4M 990 PDF
FY2020 $51K$477K−$426K$9.9M 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 FY2024 990 (6 parts)
Part I · Summary $14,111,142 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $750,000$2,200,000
I-9 Program service revenuePrior year $8,817,208$11,573,785
I-10 Investment incomePrior year $281,065$336,561
I-11 Other revenuePrior year $18,493$796
I-12 Total revenuePrior year $9,866,766$14,111,142
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 $1,606,181$2,121,527
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $12,903,746$13,702,285
I-18 Total expensesPrior year $14,509,927$15,823,812
I-19 Revenue less expensesPrior year −$4,643,161−$1,712,670
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $14,111,142 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,200,000
VIII-1h Total contributions, gifts and grants$2,200,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,388,249 · Excluded from tax $185,536$11,573,785
VIII-3 Investment incomeExcluded from tax $336,561$336,561
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $796$796
VIII-12 Total revenueRelated to mission $11,388,249 · Unrelated business $0 · Excluded from tax $522,893$14,111,142
Part IX · Statement of functional expenses $15,823,812 across 19 lines filed
IX-7 Other salaries and wagesPrograms $1,286,027 · Management $500,664$1,786,691
IX-8 Pension plan contributionsPrograms $15,094 · Management $5,876$20,970
IX-9 Other employee benefitsPrograms $121,838 · Management $47,433$169,271
IX-10 Payroll taxesPrograms $104,077 · Management $40,518$144,595
IX-11a Management feesPrograms $432,898 · Management $134,978$567,876
IX-11b Legal feesManagement $6,814$6,814
IX-11c Accounting feesManagement $37,530$37,530
IX-11f Investment management feesManagement $7,014$7,014
IX-11g Other fees for servicesPrograms $1,622,775 · Management $154,327$1,777,102
IX-12 Advertising and promotionPrograms $93,164 · Management $128,377$221,541
IX-13 Office expensesPrograms $51,233 · Management $1,975$53,208
IX-14 Information technologyPrograms $2,771 · Management $3,818$6,589
IX-16 OccupancyPrograms $396,577 · Management $546,466$943,043
IX-17 TravelPrograms $11,127 · Management $15,332$26,459
IX-20 InterestPrograms $4,392,498$4,392,498
IX-22 Depreciation, depletion and amortizationPrograms $4,342,595$4,342,595
IX-23 InsurancePrograms $18,964 · Management $112,080$131,044
IX-24 Other expenses (24a–d)Programs $820,406 · Management $305,977$1,126,383
IX-24e All other expensesPrograms $26,320 · Management $36,269$62,589
IX-25 Total functional expensesPrograms $13,738,364 · Management $2,085,448 · Fundraising $0$15,823,812
Part X · Balance sheet $96,029,754 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,208,141$3,200,065
X-4 Accounts receivableStart of year $1,737,177$2,098,601
X-9 Prepaid expenses and deferred chargesStart of year $6,511$6,341
X-10c Land, buildings and equipment, netStart of year $84,701,497$80,518,703
X-15 Other assetsStart of year $8,780,079$10,206,044
X-16 Total assetsStart of year $96,433,405$96,029,754
X-17 Accounts payable and accrued expensesStart of year $3,469,087$5,867,580
X-20 Tax-exempt bond liabilitiesStart of year $76,676,582$70,281,742
X-25 Other liabilitiesStart of year $18,852,430$24,422,835
X-26 Total liabilitiesStart of year $100,599,005$101,908,024
X-27 Net assets without donor restrictionsStart of year −$4,165,600−$5,878,270
X-32 Total net assets or fund balancesStart of year −$4,165,600−$5,878,270
X-33 Total liabilities and net assetsStart of year $96,433,405$96,029,754
Part XI · Reconciliation of net assets −$5,878,270 net assets at year end
XI-1 Total revenue$14,111,142
XI-2 Total expenses$15,823,812
XI-3 Revenue less expenses−$1,712,670
XI-4 Net assets at start of year−$4,165,600
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,878,270

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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