WESLEY TOWERS CORPORATION

EIN: 221754569

Newark, NJ

Total Revenue
$46
Total Expenses
N/A
Total Assets
$901,195
Net Assets
$901,195
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NJ
Tax Period
2023-01-01 to 2023-12-31

WESLEY TOWERS CORPORATION, founded in 1965, is a micro nonprofit that reported $46 in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AS SPONSORED BY HUD.

Program Service Accomplishments

Program 1

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AS SPONSORED BY HUD

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $46
Other Revenue $0
TOTAL REVENUE $46

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $46 $37 +0.2%
Expenses N/A N/A N/A
Net Income N/A $37 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARRELL CHILTON TREASURER 0.00
Director
$0 $0 $0
MARYJO GUIDA VICE PRESIDENT 0.00
Director
$0 $0 $0
CHRIS CONNOR PRESIDENT 0.00
Director
$0 $0 $0
TOM CURTAIN SECRETARY 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $46 No data $901,195 No data
2022 $37 No data $901,149 No data
2021 $80 No data $901,078 No data
2020 $219,565 No data $900,998 No data
2019 $169,104 No data $4,592,001 No data
2018 $197,895 No data $4,484,356 No data
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