Wesley Apartments-a Methodist Home For the Aging Inc
Only null% goes to programs Thin reserves
Wesley Apartments-a Methodist Home For the Aging Inc is a 501(c)(3) organization based in Irondale, Alabama, registered in 1983, with $832,420 in FY2023 revenue. CharityIndex grades it F.
1520 Cooper Hill Rd, Irondale, AL, 35210 EIN 63-0851067 Since 1983
Revenue (FY2023)
$832K
▲ 5.6% vs prior year
Housing median: $408K
Expenses (FY2023)
$745K
Net assets
-$1.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wesley Apartments-a Methodist Home For the Aging Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wesley Apartments-a Methodist Home For the Aging Inc: 0 mo reserves · +11% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wesley Apartments-a Methodist Home For the Aging Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wesley Apartments-a Methodist Home For the Aging Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1520 Cooper Hill Rd, Irondale, AL, 35210
- City
- Irondale
- State
- Alabama
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $654K (FY2013) to $832K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.1MNet assets -$1.2M
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$3.1M
Net assets
-$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $832,420▲5.6% | $744,689▲5.4% | -$1,208,854▲6.8% | $1,873,590▲7.8% | 990 |
| 2022 | $788,405▼5.3% | $706,676▲5.7% | -$1,296,584▲5.9% | $1,737,227▼5.4% | 990 |
| 2021 | $832,769▲12.5% | $668,859▼2.5% | -$1,378,313▲10.6% | $1,836,042▲4.3% | 990 |
| 2020 | $739,999▼1.7% | $686,359▼1.1% | -$1,542,223▲3.4% | $1,759,777▼2.0% | 990 |
| 2019 | $752,698▲2.0% | $693,864▼8.5% | -$1,595,863▲3.6% | $1,796,059▼2.3% | 990 |
| 2018 | $737,611▲2.5% | $758,594▼1.0% | -$1,654,697▼1.3% | $1,838,537▼1.6% | 990 |
| 2017 | $719,958▲1.3% | $766,087▼2.7% | -$1,633,714▼2.9% | $1,867,758▲19.8% | 990 |
| 2016 | $710,471▼0.7% | $787,629▲1.9% | -$1,587,585▼5.1% | $1,559,451▼3.4% | 990 |
| 2015 | $715,458▲8.5% | $773,067▲7.7% | -$1,510,427▼4.0% | $1,614,019▼5.9% | 990 |
| 2014 | $659,696▲0.8% | $717,976▼1.4% | -$1,452,818▼4.2% | $1,716,099▼6.1% | 990 |
| 2013 | $654,421 | $728,058▼0.6% | -$1,394,538▼5.6% | $1,828,311▼4.3% | 990 |
| 2012 | — | $732,317▲0.1% | -$1,320,901▼5.6% | $1,910,973▼6.7% | 990 |
| 2011 | — | $731,928▲10.0% | -$1,251,427▼5.0% | $2,049,265▼2.3% | 990 |
| 2010 | — | $665,382 | -$1,192,360 | $2,096,676 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Wesley Apartments-a Methodist Home For the Aging Inc a legitimate nonprofit?
- Yes. Wesley Apartments-a Methodist Home For the Aging Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 63-0851067, based in Irondale, Alabama. Donations are tax-deductible.
- What is Wesley Apartments-a Methodist Home For the Aging Inc's EIN?
- Wesley Apartments-a Methodist Home For the Aging Inc's Employer Identification Number (EIN) is 63-0851067.
- How much revenue does Wesley Apartments-a Methodist Home For the Aging Inc report?
- Wesley Apartments-a Methodist Home For the Aging Inc reported $832,420 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Wesley Apartments-a Methodist Home For the Aging Inc have?
- CharityIndex grades Wesley Apartments-a Methodist Home For the Aging Inc F, based on financial health (reserves and operating margin).
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Data for Wesley Apartments-a Methodist Home For the Aging Inc (EIN 63-0851067) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.