United Methodist Retirement Community Inc dba Wesley Village

EIN: 611164550 501(c)(3) Human Services

Wilmore, KY

Total Revenue
$9,188,977
Total Expenses
$9,287,763
Total Assets
$23,090,879
Net Assets
$2,696,832
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
KY
Principal Officer
Glenda Creech
Phone
8598583865
Tax Period
2024-01-01 to 2024-12-31

United Methodist Retirement Community Inc dba Wesley Village, founded in 1988, is a community nonprofit in the Human Services sector that reported $9.2M in total revenue in fiscal year 2024.

Mission

Develop, construct, and manage a continuing care retirement community.

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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 $193,880
Program Service Revenue $8,892,114
Investment Income $73,025
Other Revenue $29,958
TOTAL REVENUE $9,188,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,888,534
Fundraising Expenses $0
Program Expenses $7,273,585
Other Expenses $4,399,229
TOTAL EXPENSES $9,287,763

Year-over-Year Comparison

2024 2023 Change
Revenue $9,188,977 $8,660,122 +0.1%
Expenses $9,287,763 $8,676,635 +0.1%
Net Income $-98,786 $-16,513 +5.0%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
161
Volunteers
12

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
$150,898
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Atchison Chairman 1.00
Director
$0 $0 $0
John Adams Secretary 1.00
Director
$0 $0 $0
Jere McIntyre Treasurer 1.00
Director
$0 $0 $0
Elaine Wilson Vice-Chair 1.00
Director
$0 $0 $0
Bob Baldwin Director 1.00
Director
$0 $0 $0
Kristin Clark Director 1.00
Director
$0 $0 $0
Leonard Fairley Director 1.00
Director
$0 $0 $0
Paul Ferrell Director 1.00
Director
$0 $0 $0
Todd Gooch Director 1.00
Director
$0 $0 $0
Dennis Burrows Director 1.00
Director
$0 $0 $0
Tracy Spencer Director 1.00
Director
$0 $0 $0
Bob Duncan Director 1.00
Director
$0 $0 $0
Susan Kearns Thompson Director 1.00
Director
$0 $0 $0
Shannon Boaz Director 1.00
Director
$0 $0 $0
David Bratcher Director 1.00
Director
$0 $0 $0
Gary Graves Director 1.00
Director
$0 $0 $0
Bill McKinney Director 1.00
Director
$0 $0 $0
Richard Crane Director 1.00
Director
$0 $0 $0
Johnie Dean Director 1.00
Director
$0 $0 $0
Glenda Creech CEO 45.00
Officer
$144,267 $6,631 $150,898
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 $9,188,977 $9,287,763 $23,090,879 $-98,786
2023 $8,660,122 $8,676,635 $23,606,058 $-16,513
2022 $9,473,748 $8,031,344 $23,742,075 $1,442,404
2021 $8,420,185 $7,567,681 $22,813,837 $852,504
2020 $8,333,766 $7,728,550 $22,380,371 $605,216
2019 $7,870,699 $7,776,967 $21,746,276 $93,732
2018 $7,812,902 $8,555,633 $22,622,973 $-742,731
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