WESLEY RETIREMENT SERVICES INC (EIN 420680440) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

ROB KRETZINGER

Phone

5152716789

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

PROVIDING HOUSING, HEALTH CARE, AND SUPPORT SERVICES FOR OLDER ADULTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,944,007

Program Service Revenue $99,892,294

Investment Income $4,160,421

Other Revenue $0

TOTAL REVENUE $106,996,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,115,421

Fundraising Expenses $794,979

Program Expenses $93,666,609

Other Expenses $44,284,093

TOTAL EXPENSES $102,399,514

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

2425

Volunteers

493

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

$1,427,993

Total Directors

Key Employees

$246,033

Highest Compensated

reported

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

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	$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

WESLEY RETIREMENT SERVICES INC