Wesley Retirement Services Inc
91% goes to programs $44 to raise $100 Growing revenue
Wesley Retirement Services Inc is a 501(c)(3) organization based in Johnston, Iowa, registered in 1950, with $110,706,755 in FY2024 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
5508 Nw 88th St, Johnston, IA, 50131 EIN 42-0680440 Since 1950
Revenue (FY2024)
$110.7M
▲ 3.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$108.7M
Net assets
$32.3M
Employees
3,189
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating91% to programs · $44 to raise $100
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. For Wesley Retirement Services Inc: 91% to programs · $44 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +2% 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 Retirement Services Inc: 4 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Wesley Retirement Services Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Retirement Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Providing housing, health care, and support services for older adults.
Contact & location
- Address
- 5508 Nw 88th St, Johnston, IA, 50131
- City
- Johnston
- State
- Iowa
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $68.5M (FY2013) to $110.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $297.0MNet assets $32.3M
Operating margin
1.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$329.4M
Total liabilities
$297.0M
Net assets
$32.3M
Salaries & benefits
$63.8M
59% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $110,706,755▲3.5% | $108,738,113▲6.2% | $32,346,526▲47.8% | $329,365,593▲7.4% | 990 |
| 2023 | $106,996,722▲15.6% | $102,399,514▲4.3% | $21,878,761▲70.0% | $306,578,903▲5.5% | 990 |
| 2022 | $92,590,271▼3.5% | $98,213,703▲6.7% | $12,869,379▼61.2% | $290,600,326▼1.1% | 990 |
| 2021 | $95,958,203▲3.7% | $92,018,330▲2.7% | $33,144,614▲4.7% | $293,962,808▲0.3% | 990 |
| 2020 | $92,575,476▲0.5% | $89,642,713▲2.5% | $31,649,472▲29.2% | $292,963,272 | 990 |
| 2019 | $92,112,196▲18.5% | $87,456,599▲10.1% | $24,487,072▲54.8% | $293,068,365▲3.5% | 990 |
| 2018 | $77,732,400▼2.1% | $79,441,141▲4.8% | $15,816,506▼26.1% | $283,084,508▲8.9% | 990 |
| 2017 | $79,438,306▲5.7% | $75,822,435▲3.4% | $21,400,074▲64.0% | $259,918,378▲5.2% | 990 |
| 2016 | $75,188,241▲9.3% | $73,355,357▼4.2% | $13,049,389▲54.8% | $247,058,723▲9.2% | 990 |
| 2015 | $68,796,320▼11.7% | $76,558,473▲1.7% | $8,429,805▼52.8% | $226,306,739▼2.4% | 990 |
| 2014 | $77,938,480▲13.8% | $75,276,774▲10.3% | $17,864,732▼3.1% | $231,819,980▲0.6% | 990 |
| 2013 | $68,468,474 | $68,252,378▲5.2% | $18,437,790▼36.0% | $230,363,813▲6.7% | 990 |
| 2012 | — | $64,908,577▲1.9% | $28,806,663▲9.6% | $215,803,026▲0.9% | 990 |
| 2011 | — | $63,728,858▲1.9% | $26,274,927▼23.4% | $213,978,050▼0.4% | 990 |
| 2010 | — | $62,510,905 | $34,307,921 | $214,861,327 | 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.
Leadership & compensation (FY2024)
Highest-paid: Rob Kretzinger — $494,209 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rob Kretzinger | President & Ceo | 26 | $494,209 |
| Damon Buskohl | Wesley On Grand Executive Dir | 40 | $214,648 |
| Allison Mercuris Pendroy | Coo | 26 | $213,057 |
| Craig Flanagan | Cfo | 26 | $189,235 |
| Nancy Blowers-hamilton | Cottages Executive Directo | 40 | $162,558 |
| Peter Gray | Heritage House Executive D | 40 | $151,874 |
| Heather Venz-frank | The Village Executive Dire | 40 | $141,990 |
| Abby Harlacher | Edgewater Executive Direct | 40 | $140,232 |
| Vani Tschantz | Ed Halcyon House | 40 | $133,865 |
| Teresa Krueger | Brio Executive Director | 40 | $128,016 |
| Barbara Decker | Director | 1 | — |
| Bob Ruch | Director | 1 | — |
| Chad Rasmussen | Chair | 1 | — |
| Christina Taylor | Chief Medical Officer | 1 | — |
| David Stout | Director | 1 | — |
| John Moorlach | Director | 1 | — |
| Kari Cooling | Director | 1 | — |
| Kip Albertson | Director | 1 | — |
| Laura Jackson | Director | 1 | — |
| Nick Henderson | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Select Rehabilitation | Therapy Services | $1,849,845 |
| Aegis Therapies Inc | Therapy Services | $1,287,921 |
| Waldinger Corporation | Construction Cont. | $747,392 |
| Pope Architects Inc | Contractor | $730,037 |
| Clipboard Health | Nursing Services | $644,986 |
Grants received · $827K total
36 grants to Wesley Retirement Services Inc totaling $827K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | For meals on wheels | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,721 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $50,000 |
| Independent Charitable Gift Fund | General support | 2022 | $75,000 |
| Community Fdn of Greater Des Moines | Chamberlin mansion project | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,600 |
| The Blackbaud Giving Fund | General support | 2021 | $100,500 |
| The Blackbaud Giving Fund | General support | 2021 | $100,500 |
| Ayco Charitable Foundation | Community & human services | 2021 | $10,000 |
| Community Fdn of Greater Des Moines | Grant distribution for wesleylife meals on wheels | 2020 | $5,000 |
| Community Fdn of Greater Des Moines | Grant distribution for meals on wheels - wesleylife | 2020 | $5,000 |
| Community Fdn of Greater Des Moines | Grant distribution - meals on wheels: on behalf of peppy wild | 2020 | $250 |
| Community Fdn of Greater Des Moines | Grant distribution | 2020 | $100 |
| Community Fdn of Greater Des Moines | Grant distribution for brio | 2019 | $10,000 |
| American Endowment Foundation | Programs | 2019 | $5,000 |
Grants made · $4.0M in FY2015
1 grant totaling $4.0M in FY2015. All grants made by Wesley Retirement Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Wesleylife | Equity transfer to assist with client care resources | $4,000,000 |
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Compare Wesley Retirement Services Inc
Frequently asked questions
- Is Wesley Retirement Services Inc a legitimate nonprofit?
- Yes. Wesley Retirement Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0680440, based in Johnston, Iowa. Donations are tax-deductible.
- What is Wesley Retirement Services Inc's EIN?
- Wesley Retirement Services Inc's Employer Identification Number (EIN) is 42-0680440.
- How much revenue does Wesley Retirement Services Inc report?
- Wesley Retirement Services Inc reported $110,706,755 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Wesley Retirement Services Inc's spending goes to programs?
- Wesley Retirement Services Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wesley Retirement Services Inc have?
- CharityIndex grades Wesley Retirement Services Inc B+, based on program efficiency and fundraising cost.
- How much does Wesley Retirement Services Inc's highest-paid employee make?
- The highest reported compensation on Wesley Retirement Services Inc's latest Form 990 is $494,209, paid to Rob Kretzinger (President & Ceo).
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Data for Wesley Retirement Services Inc (EIN 42-0680440) 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.