WESLEY WILLOWS A METHODIST RETIREMENT HOME

EIN: 362540488 501(c)(3) Housing & Shelter

Rockford, IL

Total Revenue
$9,067,553
Total Expenses
$7,194,039
Total Assets
$47,058,832
Net Assets
$44,987,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
IL
Principal Officer
FRANCES SALINAS
Phone
8153161500
Tax Period
2023-07-01 to 2024-06-30

WESLEY WILLOWS A METHODIST RETIREMENT HOME, founded in 1962, is a community nonprofit in the Housing & Shelter sector that reported $9.1M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 21% operating margin.

Mission

Wesley Willows provides housing and services for senior citizens with a policy to maintain residents that become unable to pay. Wesley Willows' stated purposes include promoting christian principles for the development and improvement of persons of retirement age, and inspiring seniors to celebrate life.

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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 $2,476,595
Program Service Revenue $4,776,043
Investment Income $901,553
Other Revenue $913,362
TOTAL REVENUE $9,067,553

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,324,762
Fundraising Expenses $118,371
Program Expenses $6,847,043
Other Expenses $2,869,277
TOTAL EXPENSES $7,194,039

Year-over-Year Comparison

2023 2022 Change
Revenue $9,067,553 $6,224,034 +0.5%
Expenses $7,194,039 $6,606,193 +0.1%
Net Income $1,873,514 $-382,159 -5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
299
Volunteers
375

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
4
$433,557
Total Directors
11
$0
Key Employees
4
$1,212,855
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frances Salinas President & CEO 50
Officer Key Emp Highest
$405,123 $28,434 $433,557
WILLIAM PRATT CEO - OUTGOING 40
Key Emp
$356,174 $17,025 $373,199
Brett Nelson Chief Financial Officer 50
Key Emp
$186,894 $16,798 $203,692
Helen Dittmer Chief Clinical Officer 40
Key Emp
$184,509 $17,898 $202,407
Denise Popp Chairperson of the Board 2
Officer Director
$0 $0 $0
David Schmitt Vice-Chair 4
Officer Director
$0 $0 $0
Jack Croffoot Secretary 2
Officer Director
$0 $0 $0
Joseph Garry Board Member 2
Director
$0 $0 $0
Joe Scandroli Board Member 1
Director
$0 $0 $0
Joe Clinton Board Member 2
Director
$0 $0 $0
Dennis Roop Board Member 1
Director
$0 $0 $0
Don Williams Board Member 2
Director
$0 $0 $0
Mark McClenathan Board Member 2.5
Director
$0 $0 $0
Tammy Zurfluh Board Member 1
Director
$0 $0 $0
Samuel Schmitz Board Member 1.25
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
2025 No data No data No data No data
2024 $9,067,553 $7,194,039 $47,058,832 $1,873,514
2023 $6,224,034 $6,606,193 $42,815,501 $-382,159
2022 $6,663,074 $5,972,722 $42,480,873 $690,352
2021 $7,497,166 $5,979,017 $49,225,072 $1,518,149
2020 $7,277,815 $6,264,327 $44,084,264 $1,013,488
2019 $6,976,774 $6,223,855 $41,000,640 $752,919
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