WESLEY HILLS-DYERSBURG INC

EIN: 311509531 501(c)(3) Housing & Shelter

CORDOVA, TN

Total Revenue
$230,227
Total Expenses
$236,440
Total Assets
$732,945
Net Assets
$-583,257
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TN
Principal Officer
BRIAN HARRIS
Phone
9013804900
Tax Period
2024-01-01 to 2024-12-31

WESLEY HILLS-DYERSBURG INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $230K in total revenue in fiscal year 2024.

Mission

WESLEY HILLS - DYERSBURG, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN APRIL 1996, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 23-UNIT COMMUNITY LOCATED IN DYERSBURG, TENNESSEE KNOWN AS WESLEY HILLS DYERSBURG, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW AND EXTREMELY LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $125,688
Program Service Revenue $104,357
Investment Income $182
Other Revenue $0
TOTAL REVENUE $230,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,550
Fundraising Expenses $0
Program Expenses $179,842
Other Expenses $187,890
TOTAL EXPENSES $236,440

Year-over-Year Comparison

2024 2023 Change
Revenue $230,227 $229,102 +0.0%
Expenses $236,440 $241,717 0.0%
Net Income $-6,213 $-12,615 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
6
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA L WARD CHAIRPERSON 1.00
Officer Director
$0 $0 $0
CAROL AVENS MEMBER 1.00
Director
$0 $0 $0
DWIGHT DAVIS MEMBER 1.00
Director
$0 $0 $0
HOLLY MITCHENER MEMBER 1.00
Director
$0 $0 $0
JENNIFER NORRIS VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MARY LOU CUSHING SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MEREDITH BINGHAM MEMBER 1.00
Director
$0 $0 $0
PHYLLIS GAY MEMBER 1.00
Director
$0 $0 $0
BRIAN HARRIS NON-VOTING CEO 1.00
Officer
$0 $0 $0
DONALD OLLIO NON-VOTING CFO 1.00
Officer
$0 $0 $0
RONALD BUDYNAS NON-VOTING COO 1.00
Officer
$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 $230,227 $236,440 $732,945 $-6,213
2023 $229,102 $241,717 $757,046 $-12,615
2022 $219,549 $225,305 $778,837 $-5,756
2021 $188,461 $206,381 $788,987 $-17,920
2020 $162,908 $211,376 $795,413 $-48,468
2019 $162,520 $210,166 $832,068 $-47,646
2018 $154,809 $177,571 $876,192 $-22,762
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