JOHNSTON, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESLEY RETIREMENT SERVICES INC, founded in 1947, is a major nonprofit in the Human Services sector that reported $107.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $102.4M left a modest 4% surplus.
GUIDED BY CHRISTIAN COMPASSION, WESLEYLIFE SUPPORTS THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS WHEREVER THEY CALL HOME. AS A NON-PROFIT ORGANIZATION, WE UNDERSTAND OUR RESPONSIBILITY AND OBLIGATION TO OPERATE WITH TRANSPARENCY, HONESTY, AND INTEGRITY IN ALL WE DO. OUR ORGANIZATIONAL CORE VALUES ARE QUALITY, EXCELLENCE, HOSPITALITY AND INNOVATION. WE ARE COMMITTED TO BE GOOD STEWARDS OF OUR RESIDENTS' RESOURCES TO IMPROVE THE LIVES OF THOSE WE SERVE.
OUR COMMUNITY BENEFITS FROM 2023 INCLUDE: -ACROSS THE ORGANIZATION, NEARLY 400 RESIDENTS WHO DEPLETED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN RECEIVED A TOTAL OF $6,510,796 IN...
OUR COMMUNITY BENEFITS FROM 2023 INCLUDE: -ACROSS THE ORGANIZATION, NEARLY 400 RESIDENTS WHO DEPLETED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN RECEIVED A TOTAL OF $6,510,796 IN CHARITABLE ASSISTANCE THROUGH GOOD SAMARITAN OR GOOD SHEPHERD FUNDS TO ALLOW THEM TO REMAIN IN THEIR APARTMENTS OR TOWNHOMES.-IN 2023, IN INCREASING OUR REACH TO UNDERSERVED COMMUNITY MEMBERS, MEDICAID DAYS INCREASED BY 10% OVER LAST YEAR TO 83,283 DAYS. -COMMUNITY MEMBERS PARTICIPATED IN VARIOUS SUPPORT GROUPS OFFERED AT OUR COMMUNITIES, INCLUDING GROUPS FOR THOSE LIVING WITH ALZHEIMER'S DISEASE AND OTHER DEMENTIAS AS WELL AS CANCER AND PARKINSON'S DISEASE, AND SEVERAL OF OUR COMMUNITIES ALSO OFFER ROCK STEADY BOXING, A NATIONALLY RECOGNIZED CURRICULUM THAT CAN SLOW THE PROGRESSION OF PARKINSON'S. GROUPS ARE ALSO OPEN TO RESIDENTS' CAREGIVERS AND LOVED ONES.-.WE OFFERED LUNCH-AND-LEARNS AND OTHER EDUCATIONAL PROGRAMMING DESIGNED TO PROMOTE HEALTH AND WELL-BEING AMONG OUR RESIDENTS, CLIENTS, AND TEAM MEMBERS.-MORE THAN 330 VOLUNTEERS PROVIDED MORE THAN 11,000 VOLUNTEER HOURS TO RESIDENTS, CLIENTS, AND TEAM MEMBERS. -AS WE ARE INTEGRATED MEMBERS OF THE GREATER COMMUNITIES IN WHICH WE ARE LOCATED, OUR IMPACT DOES NOT STOP AT OUR DOORS. WE COLLECTED AND DONATED CLOTHING, COATS, BOOKS, HOUSEHOLD AND CLEANING SUPPLIES, PET FOOD, AND MORE TO AREA CHARITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $106,996,722 | $92,590,271 | +0.2% |
| Expenses | $102,399,514 | $98,213,703 | +0.0% |
| Net Income | $4,597,208 | $-5,623,432 | -1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHAD RASMUSSEN | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN OSWEILER | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN LAGREE | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIP ALBERTSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KARI COOLING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK HENDERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA DECKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB RUCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID STOUT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR CHRISTINA TAYLOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN MOORLACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB KRETZINGER | PRESIDENT & CEO | 26.00 |
Officer
|
$466,793 | $40,147 | $888,860 |
| CRAIG FLANAGAN | CFO | 26.00 |
Officer
|
$180,200 | $35,569 | $363,206 |
| ALLISON MERCURIS PENDROY | COO | 26.00 |
Officer
|
$89,519 | $13,165 | $175,927 |
| DAMON BUSKOHL | WESLEY ON GRAND EXECUTIVE DIR | 40.00 |
Key Emp
|
$201,592 | $44,441 | $246,033 |
| NANCY BLOWERS-HAMILTON | COTTAGES EXECUTIVE DIRECTO | 40.00 |
Highest
|
$149,888 | $42,388 | $192,276 |
| PETER GRAY | HERITAGE HOUSE EXECUTIVE D | 40.00 |
Highest
|
$143,324 | $31,410 | $174,734 |
| VANI TSCHANTZ | HALCYON HOUSE EXECUTIVE DI | 40.00 |
Highest
|
$129,098 | $29,881 | $158,979 |
| TERESA KRUEGER | BRIO EXECUTIVE DIRECTOR | 40.00 |
Highest
|
$129,495 | $17,028 | $146,523 |
| HEATHER VENZ-FRANK | THE VILLAGE EXECUTIVE DIRE | 40.00 |
Highest
|
$134,373 | $24,752 | $159,125 |
| GLEN LEWIS | EDGEWATER EXECUTIVE DIRECT | 40.00 |
|
$175,122 | $27,922 | $203,044 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $106,996,722 | $102,399,514 | $306,578,903 | $4,597,208 |
| 2023 | $104,052,715 | $102,399,514 | $306,578,903 | $1,653,201 |
| 2022 | $92,590,271 | $98,213,703 | $290,600,326 | $-5,623,432 |
| 2021 | $95,958,203 | $92,018,330 | $293,962,808 | $3,939,873 |
| 2020 | $92,575,476 | $89,642,713 | $292,963,272 | $2,932,763 |
| 2019 | $92,112,196 | $87,456,599 | $293,068,365 | $4,655,597 |
| 2018 | $77,732,400 | $79,441,141 | $283,084,508 | $-1,708,741 |
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