CORDOVA, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESLEY HOMES LAKE COUNTY INC, founded in 1985, is a small nonprofit that reported $540K in total revenue in fiscal year 2023. Expenses of $508K left a modest 6% surplus.
WESLEY HOMES LAKE COUNTY, INC IS A NOT-FOR-PROFIT CORPORATION FORMED IN MAY 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50-UNIT COMMUNITY LOCATED IN TIPTONVILLE, TENNESSEE KNOWN AS WESLEY APARTMENTS, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
WESLEY HOMES LAKE COUNTY, INC IS A NOT-FOR-PROFIT CORPORATION FORMED IN MAY 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE...
WESLEY HOMES LAKE COUNTY, INC IS A NOT-FOR-PROFIT CORPORATION FORMED IN MAY 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50-UNIT COMMUNITY LOCATED IN TIPTONVILLE, TENNESSEE KNOWN AS WESLEY APARTMENTS, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
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 | $540,248 | $554,798 | 0.0% |
| Expenses | $507,547 | $491,952 | +0.0% |
| Net Income | $32,701 | $62,846 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| REV ANDREW THOMPSON | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY ALBONETTI | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DWIGHT DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMANDA L WARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EDDIE SMITH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HOLLY MITCHENER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL AVENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEREDITH BINGHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOYCE FEGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER GARST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS GAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY LOU CUSHING | SECRETARY/TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| BRIAN HARRIS | NON-VOTING CEO | 1.00 |
Officer
|
$0 | $0 | $0 |
| RONALD BUDYNAS | NON-VOTING COO | 1.00 |
Officer
|
$0 | $0 | $0 |
| DONALD OLLIO | NON-VOTING CFO | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $540,248 | $507,547 | $611,053 | $32,701 |
| 2022 | $554,798 | $491,952 | $623,576 | $62,846 |
| 2021 | $503,047 | $438,781 | $601,406 | $64,266 |
| 2020 | $508,284 | $410,773 | $596,111 | $97,511 |
| 2019 | $484,911 | $414,638 | $595,693 | $70,273 |
| 2018 | $507,491 | $418,055 | $630,943 | $89,436 |
Compare WESLEY HOMES LAKE COUNTY INC with other nonprofits in Tennessee and across the country.