2025-08-27T11:36:32-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2024-01-01 741459599 WESLEYAN HOMES INC WESL 5128681205 139 ESTRELLA XING GEORGETOWN TX 78628 BETHANY SISNEROZ CHIEF EXECUTIVE OFFICER 5128681205 2025-08-25 1 0 ERIKA MARTINEZ P02297196 6182331200 2025-08-25 2024 2025-03-06 01:10:19Z BETHANY SISNEROZ 139 ESTRELLA XING GEORGETOWN TX 78628 29024322 0 X WWW.WESLEYANHOMES.ORG X 1955 TX THE WESLEYAN IS CALLED TO CREATE A NEW, BOUNTIFUL EXPERIENCE OF AGING THAT ENSURES THAT LIFE IS LIVED ABUNDANTLY IN BODY, MIND AND SPIRIT. 12 12 421 23 0 0 1454917 183706 27742360 26354370 -127975 -116579 1015999 918539 30085301 27340036 0 0 0 0 15580217 12549024 0 0 73655 15475328 14791031 31055545 27340055 -970244 -19 94943502 93756669 86467315 85204108 8476187 8552561 THE WESLEYAN IS CALLED TO CREATE A MINISTRY OF HEALTH AND AGING SERVICES THAT NOURISHES BODY, MIND AND SPIRIT SO THAT ALL THOSE THAT THE WESLEYAN SERVES LIVE ABUNDANTLY. 0 0 23936537 0 26354370 WESLEYAN HOMES, INC. CURRENTLY OPERATES THREE FACILITIES LOCATED IN GEORGETOWN, TEXAS. (1) THE WESLEYAN AT ESTRELLA INDEPENDENT LIVING, A 240-UNIT INDEPENDENT LIVING RETIREMENT COMMUNITY, PROVIDING HOUSING, DIETARY AND OTHER RELATED SERVICES, (2) THE WESLEYAN AT ESTRELLA ASSISTED LIVING, A 84-UNIT ASSISTED LIVING RETIREMENT COMMUNITY, PROVIDING CERTIFIED MEMORY CARE SERVICES, AND (3) THE WESLEYAN SKILLED NURSING AND REHABILITATION, A 142-BED PROFESSIONAL SKILLED NURSING FACILITY PROVIDING SKILLED NURSING SERVICES FOR RESIDENTS IN THE GEORGETOWN AND SURROUNDING COMMUNITIES. SKILLED NURSING BENEFITS ARE PROVIDED REGARDLESS OF FINANCIAL CONSIDERATIONS AND QUALIFICATIONS. WESLEYAN HOMES AS A WHOLE SERVED OVER 500 RESIDENTS IN 2024. 23936537 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 87 0 421 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X ZENDA HYDEN 5128681205 139 ESTRELLA XING GEORGETOWN TX 78628 GENE LAWHON BOARD CHAIR 1.00 0.00 X X 0 0 0 REV DR JEFF SMITH VICE CHAIR OF BOARD 1.00 1.00 X X 0 0 0 CORLISS MCBRIDE BOARD MEMBER 1.00 0.00 X 0 0 0 REV ALAN MCGRATH BOARD TREASURER 1.00 0.00 X X 0 0 0 REV GLENDA WHITEHEAD BOARD SECRETARY 1.00 0.00 X X 0 0 0 REV NANCY WOODS BOARD MEMBER 1.00 0.00 X 0 0 0 BENJAMIN LAKE BOARD MEMBER 1.00 0.00 X 0 0 0 JOSHUA SCHROEDER BOARD MEMBER 1.00 0.00 X 0 0 0 JESSICA WALTERS BOARD MEMBER 1.00 0.00 X 0 0 0 KENT HUNTSMAN BOARD MEMBER 1.00 0.00 X 0 0 0 GIBI JUSTIN BOARD MEMBER 1.00 0.00 X 0 0 0 REV DR ROGER CLAYTON BOARD MEMBER 1.00 0.00 X 0 0 0 BETHANY SISNEROZ PRESIDENT & CEO 39.00 1.00 X 322187 0 37184 LAURA PLACKE WSN ADMINISTRATOR 40.00 0.00 X 115937 0 15878 KELLY GOETZ VP OF OPERATIONS 39.00 1.00 X 163906 0 28861 MICHELE CULP VP OF HUMAN RESOURCES 40.00 0.00 X 115600 0 19460 JOHN GLASS VP OF FINANCE 39.00 1.00 X 138971 0 17248 MICHAEL PARKER DIRECTOR OF MAINTENANCE 40.00 0.00 X 109269 0 1960 965870 0 120591 6 0 1 0 COVEY RISE ROOFING LLC 9901 BRODIE LN STE 160-855 AUSTIN TX 78748 CONSTRUCTION 2592735 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURG PA 15251 DIETARY SERVICES 2034213 MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 30368 DIETARY SERVICES 596727 INTEGRIS LLC 940 ARROYO SAN ANGELO TX 76903 IT SERVICES 382469 KARE TECHNOLOGIES LLC PO BOX 4738 HOUSTON TX 77210 CONTRACT NURSES 372676 11 61626 122080 183706 PROGRAM SERVICE REVENUE 623000 26354370 26354370 26354370 566444 566444 1001263 20652 1663634 -20652 -662371 -683023 -683023 OTHER RESIDENT SERVICES 812900 486295 486295 BARBER/BEAUTY SHOP 812900 120288 120288 MISCELLANEOUS INCOME 812900 109557 109557 202399 202399 918539 27340036 26354370 0 801960 359371 359371 10361994 9070185 1288853 2956 257672 225548 32050 74 779108 681978 96908 222 790879 692281 98372 226 48705 48705 5828 5828 59597 59597 1871797 1807826 60362 3609 332673 219300 106978 6395 539946 355936 173630 10380 499219 329088 160534 9597 1048693 691305 337228 20160 13337 8792 4289 256 3523295 3409924 113371 2776640 2723759 52881 777043 512232 249873 14938 DIETARY 1481241 1481241 ANCILLARY EXPENSE 662967 662967 MAINTENANCE AND EQUIPME 565577 565577 ANCILLARY SUPPLIES 294405 294405 290068 204193 81033 4842 27340055 23936537 3329863 73655 534353 263450 9704560 9832596 578983 616405 244315 330846 91508657 23241625 65017023 68267032 4864467 4565956 1308887 1233459 12690914 8646925 94943502 93756669 4552791 4297005 25037 74461403 73520209 1170134 1170134 6282987 6191723 86467315 85204108 X 8476187 8552561 8476187 8552561 94943502 93756669 X -19 151821 -75428 X X 0 1 X 1 0 X 129572 141365 1037430 1454917 183706 2946990 29815114 27280315 28682602 27742360 26354370 139874761 960919 1015999 808982 2785900 29944686 27421680 30680951 30213276 27347058 145607651 0 0 0 145607651 120198 108248 266983 551781 566444 1613654 120198 108248 266983 551781 566444 1613654 4807433 4259470 1533577 109557 10710037 34872317 31789398 32481511 30765057 28023059 157931342 0.92200 0.92050 0.01020 0.00780 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: EMPLOYEE/GUEST MEALS - 2020 AMOUNT: $ 21,814. 2021 AMOUNT: $ 44,660. BARBER/BEAUTY SHOP - 2020 AMOUNT: $ 42,446. 2021 AMOUNT: $ 126,962. OTHER RESIDENT SERVICES - 2020 AMOUNT: $ 216,149. 2021 AMOUNT: $ 3,695,470. QIPP REVENUE - 2020 AMOUNT: $ 784,443. 2021 AMOUNT: $ 316,428. NON-REFUNDABLE FEE INCOME - 2020 AMOUNT: $ 68,800. 2021 AMOUNT: $ 75,950. STIMULUS REVENUE - 2020 AMOUNT: $ 3,673,781. INSURANCE PROCEEDS - 2022 AMOUNT: $ 1,442,379. NA RELEASED FROM RESTRICTION - 2022 AMOUNT: $ 91,198. MISC INCOME - 2024 AMOUNT: $ 109,557. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5593545 5593545 78910837 20266686 58644151 7004275 2974939 4029336 68267032 OTHER ASSETS 180286 INTERCOMPANY 2062957 CONSTRUCTION IN PROGRESS 6403682 8646925 SECURITY DEPOSITS 104692 REFUNDABLE ENTRANCE FEES 6087031 6191723 X 27414381 151821 -75428 76393 27337988 2048 2048 27340036 27338007 0 27338007 2048 2048 27340055 PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION REPORTS ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES, AND FILES PROPER RETURNS RELATED TO THESE ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INVESTMENT IN RISK RETENTION GROUP -75,428. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 2,048. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 2,048. X X 0 0 0 0 0 0 0 0 0 BETHANY SISNEROZ PRESIDENT & CEO 291227 0 23760 0 7200 0 17820 0 19364 0 359371 0 0 0 KELLY GOETZ VP OF OPERATIONS 158806 0 5100 0 0 0 9996 0 18865 0 192767 0 0 0 JOHN GLASS VP OF FINANCE 134771 0 4200 0 0 0 8177 0 9071 0 156219 0 0 0 PART I, LINE 3 CEO SALARY IS SET BY THE BOARD OF DIRECTORS. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UAG9 2014-12-03 53550122 REFINANCE CERTAIN TAX-EXEMPT NOTES & FINANCE CONSTRUCTION AND CERTAIN FUNDS 0 0 0 B NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UFA7 2019-12-04 31943125 ACQUISITION AND REFURBISHMENT OF A SKILLED NURSING FACILITY 0 0 0 A 8194896 3423950 53550122 3307528 1071002 27142973 22028619 2016 1 0 1 1 B 855000 31943125 1606652 638862 26244471 3423950 29190 2020 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 12/03/2019 SCHEDULE K, PAGE 2, PART IV, LINE 3 ALTHOUGH THE SERIES 2014 BOND ISSUE CONTAINS BONDS WITH VARYING TERMS AND DIFFERENT RATES, THE OVERALL YIELD IS FIXED AND DETERMINABLE AS OF THE ISSUE DATE AS ALL THE BONDS HAVE A FIXED RATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD, CEO AND CFO PRIOR TO FILING. THE RETURN IS REVIEWED FOR ACCURACY WITH ANY CHANGES BEING DISCUSSED AND SUBMITTED TO THE CPA FIRM PREPARING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS AND OFFICERS OF THE BOARD OF TRUSTEES AS WELL AS KEY MANAGEMENT EMPLOYEES. UPON DATE OF EMPLOYMENT OR APPOINTMENT ONTO BOARD, THESE INDIVIDUALS MUST SIGN A CONFLICT OF INTEREST STATEMENT STATING THAT THEY HAVE READ AND ARE FAMILIAR WITH THE BY-LAWS AND, IN PARTICULAR, ARTICLE 66 REGARDING CONFLICT OF INTEREST, AND THAT THEY WILL COMPLY WITH REQUIREMENT TO REPORT, IN WRITING, ANY APPARENT CONFLICT OF INTEREST TO THE BOARD CHAIR. THE BOARD CHAIR IN CONSULTATION WITH APPROPRIATE BOARD MEMBERS AND KEY MANAGEMENT WILL DETERMINE IF A CONFLICT EXISTS AND DETERMINE APPROPRIATE RESTRICTIONS ON A CASE-BY-CASE BASIS FOR AN INDIVIDUAL WITH A CONFLICT OF INTEREST. THE CONFLICT OF INTEREST POLICY WAS REVIEWED AND UPDATED STATEMENTS WERE SIGNED BY ALL BOARD MEMBERS DURING A 2020 BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES FOR THE CEO AND OTHER KEY EMPLOYEES ARE SET BY THE EXECUTIVE COMMITTEE OF THE BOARD EACH OCTOBER FOR THE FOLLOWING YEAR. EACH COMMITTEE MEMBER IS PROVIDED WITH THE SALARY HISTORY OF EACH OF THESE EMPLOYEES SINCE HIS/HER EMPLOYMENT DATE. THE HUMAN RESOURCE MANAGER PARTICIPATES EACH YEAR IN THE SALARY SURVEYS FOR LEADING AGE AND LEADING AGE TEXAS. THE RESULTS OF THESE SURVEYS ARE PROVIDED TO THE CEO TO PRESENT TO THE EXECUTIVE COMMITTEE. THE CEO DISCUSSES EACH EMPLOYEE'S STRENGTHS, WEAKNESSES, ACCOMPLISHMENTS, AND OVERALL PERFORMANCE WITH THIS COMMITTEE. THE COMMITTEE TAKES ALL OF THIS INFORMATION, ALONG WITH THEIR PERCEPTION OF THE EMPLOYEE BASED ON THEIR OWN INTERACTIONS, AND DETERMINES, BY EMPLOYEE, THE SALARY ADJUSTMENT TO BE MADE. THEN, THE CEO LEAVES THE MEETING, AND THE COMMITTEE GOES THROUGH THE SAME PROCEDURE TO EVALUATE HIM. THE BOARD CHAIR GATHERS ALL OF THE INFORMATION ON RAISES AND SIGNS OFF. THE DOCUMENTATION IS THEN FORWARDED TO THE CFO FOR PROCESSING AFTER THE LAST PAYROLL OF THE YEAR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM MANAGEMENT. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT VALUE OF RISK RETENTION GROUP -75,428. FORM 990, PAGE 5, PART V, LINE 2C THE ORGANIZATION HAS A COMMITEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FROM THE AUDIT. THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. WESLEYAN HOMES PROPERTIES 139 ESTRELLA XING GEORGETOWN TX 78628 900085004 ACQUIRING, HOLDING TITLE TO, CONSTRUCTION & MAINTAINING REAL PROPERTY TX 501(C)(3) LINE 12A, I WESLEYAN HOMES INC 1 WESLEYAN HOMES FOUNDATION 139 ESTRELLA XING GEORGETOWN TX 78628 900085021 PROVIDE SUPPORT FOR WESLEYAN HOMES, INC. TX 501(C)(3) LINE 12A, I WESLEYAN HOMES INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WESLEYAN HOMES FOUNDATION C 61626 FMV OF CHARITABLE CARE