2019-11-13T15:30:54-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2018-01-01 910583380 WESLEY HOMES WESL 2068701260 815 SOUTH 216TH STREET DES MOINES WA 98198 JIM YAMAMOTO VICE PRESIDENT OF FINANCE 2068701223 2019-10-30 1 KURT BENNION CPA P01469618 4252506100 2019-10-30 67.137.57.251 2019-10-30 18:45:59 PD P 7CCED69CC7F7DA8765ED5670943801882D3A7A21 0A137849BC389FB7B51D6FC2D6742665ACC5CBED 2018 2020-03-31 21:24:44Z KEVIN ANDERSON 815 SOUTH 216TH STREET DES MOINES WA 98198 57126874 0 X WWW.WESLEYCHOICE.ORG X 1944 WA PROVIDES RETIREMENT HOUSING AND CARE SERVICES FOR OLDER ADULTS. 14 14 782 56 0 0 3092391 3513719 40477169 41987319 616385 118392 231831 322739 44417776 45942169 3630974 0 0 0 22656532 23154271 0 0 0 19373929 21632807 45661435 44787078 -1243659 1155091 158508997 211268027 142583501 196452744 15925496 14815283 X WESLEY HOMES IS A FAITH BASED ORGANIZATION PROVIDING RETIREMENT COMMUNITIES AND A NETWORK OF SERVICES FOR OLDER ADULTS. WITH LOVE AND JOY, WE ARE CALLED TO MEET THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THOSE WE SERVE. WE AFFIRM THE WORTH OF ALL (CONTINUED IN SCHEDULE O) THOSE WE SERVE AND THOSE WHO PROVIDE SERVICE. 0 0 24162072 0 26593122 WESLEY HOMES DES MOINES SERVES AN AVERAGE OF 500 SENIORS AT ANY ONE TIME IN INDEPENDENT COTTAGES/APARTMENTS, ASSISTED LIVING AND SKILLED NURSING. THIS CAMPUS EMPLOYS APPROXIMATELY 357 PEOPLE WHO PROVIDE CARE GIVING AND HOSPITALITY SERVICES. IT ALSO HOUSES THE OFFICES FOR THE PACIFIC NORTHWEST CONFERENCE OF THE UNITED METHODIST CHURCH. WESLEY HOMES DES MOINES HAS VARIOUS PROGRAMS TO ASSIST RESIDENTS WITH MONTHLY FEES BASED ON AN ANALYSIS OF INDIVIDUAL NEED. RESIDENTS BENEFITED FROM THE BISHOP MCCONNELL PROGRAM IN 2018. SINCE ITS 2001 INCEPTION, THE ORGANIZATION HAS SUBSIDIZED $4,841,195 IN RESIDENCY AND SERVICE FEES FOR BISHOP MCCONNELL SCHOLARSHIP RESIDENTS.WESLEY HOMES DES MOINES PARTNERS WITH ANOTHER NON-PROFIT, ELDER AND ADULT DAY SERVICES, TO PROVIDE ADULT DAY CARE ON CAMPUS. THIS PROGRAM SERVES FIFTEEN TO TWENTY INDIVIDUALS AT LOWER INCOME LEVELS EACH DAY, PROVIDING MUCH NEEDED ACTIVITIES, FOOD AND SOCIAL SERVICES. 12616333 0 14770954 WESLEY HOMES LEA HILL SERVES AN AVERAGE OF 250 SENIORS AT ANY ONE TIME IN INDEPENDENT COTTAGES/APARTMENTS, ASSISTED LIVING AND SKILLED NURSING. THIS CAMPUS EMPLOYS APPROXIMATELY 126 EMPLOYEES. WITH FULLY REFUNDABLE ENTRANCE DEPOSITS AND MODERATE MONTHLY FEES, THIS CAMPUS IS AFFORDABLE TO INDIVIDUALS OF MODEST MEANS WHILE PROVIDING HIGH QUALITY PROGRAMS AND AMENITIES TO PROMOTE ACTIVE AND HEALTHY AGING.STAFF AND RESIDENTS AT WESLEY HOMES LEA HILL ARE COMMITTED TO SUPPORTING OTHER COMMUNITY ORGANIZATIONS SUCH AS CHILDREN'S THERAPY CENTER OF KENT BY PROVIDING THE INDOOR POOL FOR THE CHILDREN'S WATER THERAPY PROGRAM. THEY ALSO SUPPORT ELEMENTARY SCHOOLS, THE AUBURN FOOD BANK, THE AUBURN SENIOR CENTER, AND FAMILIES DEALING WITH AGING ISSUES BY PROVIDING VOLUNTEERS, DONATIONS AND SUPPORT GROUPS. 1150359 0 623243 WESLEY HOMES BRADLEY PARK IS DEVELOPING A RETIREMENT COMMUNITY IN PUYALLUP, WASHINGTON. THE FIRST PHASE OF THIS PROJECT IS CURRENTLY UNDER CONSTRUCTION AND CONSISTS OF 99 INDEPENDENT APARTMENTS, A BROWNSTONE-STYLE APARTMENT WITH 32 UNITS, 50 "HOUSING WITH SERVICES" UNITS, AND 17 MEMORY CARE UNITS. A FUTURE PHASE WILL INCLUDE A 36-BED SKILLED NURSING FACILITY AND ADDITIONAL BROWNSTONE APARTMENTS. 37928764 1 1 0 1 0 0 0 0 1 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 1 1 1 1 0 0 1 35 0 782 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SYED RASHID 2068701310 815 SOUTH 216TH STREET DES MOINES WA 98198 STEVE STORMS CHAIR 1.00 0.00 X X 0 0 0 JOE HARMON VICE CHAIR 1.00 0.00 X X 0 0 0 JERRY FLAGEL SECRETARY 1.00 0.00 X X 0 0 0 JOHN MCGILLIARD TREASURER 1.00 0.00 X X 0 0 0 ED ROGEL PAST PRESIDENT 1.00 0.00 X X 0 0 0 ROSS DECKMAN BAORD MEMBER 1.00 0.00 X 0 0 0 PHIL DYER BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN GARRETT BOARD MEMBER 1.00 1.00 X 0 0 0 DENNIS MAGNUSON BOARD MEMBER 1.00 0.00 X 0 0 0 DANA NELSON-PETERSON BOARD MEMBER 1.00 1.00 X 0 0 0 JEANI ROTTLE BOARD MEMBER 1.00 0.00 X 0 0 0 TIM SEARING BOARD MEMBER 1.00 0.00 X 0 0 0 JACK WIMPRESS BOARD MEMBER 1.00 0.00 X 0 0 0 MONTE WINDSOR BOARD MEMBER 1.00 0.00 X 0 0 0 KEVIN ANDERSON PRESIDENT/CEO 40.00 10.00 X 346761 0 34866 JIM YAMAMOTO VP OF FINANCE 40.00 10.00 X 158270 0 14697 CHRISTINE TREMAIN VP OF MARKETING 40.00 0.00 X 162940 0 15971 AIJA STAPARS VP OF HUMAN RESOURCES 40.00 10.00 X 134818 0 16278 ALEX CANDALLA DES MOINES CAMPUS ADMINISTRATOR 40.00 0.00 X 199429 0 5702 JESSE DYKSHOORN DIRECTOR OF IT 40.00 10.00 X 125626 0 14127 GREG BYRGE LEA HILL CAMPUS ADMINISTRATOR 40.00 10.00 X 143003 0 14699 NOEL DONATO DES MOINES DIRECTOR OF NURSING 40.00 10.00 X 113930 0 26709 ROBERT FIGUEROA DES MOINES RN TEAM LEADER 59.60 10.00 X 113333 0 7795 1498110 0 150844 11 0 1 0 ASHER CONSTRUCTION PO BOX 280 PUYALLUP WA 98371 CONSTRUCTION 34949547 WALSH CONSTRUCTION 315 FIFTH AVENUE S SUITE 600 SEATTLE WA 98104 CONSTRUCTION 11525644 SENIOR HOUSING PARTNERS 3116 FAIRVIEW AVENUE N ROSEVILLE MN 55113 CONSULTING 2405748 CONSONUS PO BOX 4800 PORTLAND OR 972084800 THERAPY SERVICES 1459976 HAMLIN CAPITAL MANAGEMENT 640 FIFTH AVENUE 6TH FLOOR NEW YORK NY 10019 CONSULTING 1452365 10 3513719 3513719 HEALTH SERVICES 623000 23582934 23582934 SERVICE CHARGES 623990 16605248 16605248 RESIDENCY FEES 623990 1284944 1284944 OTHER REVENUE 623990 514193 514193 41987319 496779 496779 10806318 10236475 948230 569843 -948230 -378387 -378387 MANAGEMENT FEES 561000 322739 322739 322739 45942169 41987319 0 441131 884601 884601 18473110 16106909 2366201 397402 356383 41019 1949026 1725918 223108 1450132 1239706 210426 99514 99514 83664 83664 80561 80561 4191460 3285517 905943 484723 340437 144286 408738 217382 191356 197960 165 197795 2392380 2287435 104945 77322 39592 37730 21427 7023 14404 3499355 3499355 5297587 5127638 169949 540337 160 540177 RESIDENT EXPENSES 2953190 2939133 14057 HEALTH CARE SUPPLIES 626646 626646 ALL OTHER EXPENSES 339993 129365 210628 BAD DEBTS 337950 337950 44787078 37928764 6858314 0 2476028 3035328 173386 134737 2668113 4522526 740610 59853 133133 457249 527086 235749980 76014041 107327736 159735939 17691053 16383667 26841689 26868891 158508997 211268027 8352560 10871441 12581082 17400192 103972699 146654672 244832 353927 17432328 21172512 142583501 196452744 X 15925496 14815283 15925496 14815283 158508997 211268027 1155091 -2265859 555 0 X 0 1 X 1 0 X 1007351 250004 1409342 3092391 3513719 9272807 34229314 35458078 36314082 40477169 41987319 188465962 35236665 35708082 37723424 43569560 45501038 197738769 9426 18371 406130 115501 549428 0 9426 18371 406130 115501 549428 197189341 607506 777118 514452 419154 496779 2815009 607506 777118 514452 419154 496779 2815009 413889 172569 196786 231831 322739 1337814 36258060 36657769 38434662 44220545 46320556 201891592 0.97670 0.97490 0.01390 0.01560 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MANAGEMENT FEES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 43017 43017 0 PART II-B, LINE 1: DURING 2018, WESLEY HOMES PAID $43,017 OF ASSOCIATION DUES TO LEADINGAGE. $31,105 WENT TO LEADINGAGE WASHINGTON AND $11,912 WENT TO LEADINGAGE NATIONAL. 1.9% OF THE WASHINGTON AMOUNT AND 3.6% OF THE NATIONAL AMOUNT IS ATTRIBUTED TO LOBBYING ACTIVITIES CONDUCTED BY LEADINGAGE. 0 1 X 8433473 8433473 155026294 61695132 93331162 1904134 1688073 216061 15595821 12630836 2964985 54790258 54790258 159735939 ASSETS RESTRICTED FOR USE-BOND FUNDS 20986750 ACCRUED INTEREST 7922 DEPOSITS 5874219 26868891 REFUNDABLE RESIDENCY FEES 21172512 21172512 X 48788368 -2265859 8903639 6637780 42150588 80561 3711020 3791581 45942169 52828142 8624966 8624966 44203176 80561 503341 583902 44787078 PART IV, LINE 2B: THESE ARE RESIDENT TRUST FUNDS AND RENTAL SECURITY DEPOSIT FUNDS HELD FOR RESIDENTS. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CORPORATION, EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: WESLEY HOMES FOUNDATION REVENUES 220,231. WESLEY HOMES COMMUNITY HEALTH SERVICES REVENUES 6,454,806. NET INVESTMENT INCOME 1,280,372. LOSS ON DISPOSAL OF FIXED ASSETS 948,230. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 322,739. TRANSACTIONS ELIMINATED IN THE FINANCIAL STATEMENTS 180,602. TRANSFERS FROM RELATED ORGANIZATIONS 3,207,679. PART XII, LINE 2D - OTHER ADJUSTMENTS: WESLEY HOMES FOUNDATION EXPENSES 1,049,132. WESLEY HOMES COMMUNITY HEALTH SERVICES EXPENSES 6,624,505. WESLEY HOMES PIERCE COUNTY EXPENSES 3,099. LOSS ON DISPOSAL OF FIXED ASSETS 948,230. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 322,739. TRANSACTIONS ELIMINATED IN THE FINANCIAL STATEMENTS 180,602. X X X 0 0 0 0 0 0 0 0 0 KEVIN ANDERSON PRESIDENT/CEO 326969 0 20000 0 -208 0 13632 0 21234 0 381627 0 0 0 JIM YAMAMOTO VP OF FINANCE 157754 0 0 0 516 0 6379 0 8318 0 172967 0 0 0 CHRISTINE TREMAIN VP OF MARKETING 159545 0 0 0 3395 0 6480 0 9491 0 178911 0 0 0 AIJA STAPARS VP OF HUMAN RESOURCES 134360 0 0 0 458 0 5547 0 10731 0 151096 0 0 0 ALEX CANDALLA DES MOINES CAMPUS ADMINISTRATOR 195130 0 0 0 4299 0 3925 0 1777 0 205131 0 0 0 GREG BYRGE LEA HILL CAMPUS ADMINISTRATOR 142742 0 0 0 261 0 5785 0 8914 0 157702 0 0 0 A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783TW6 2016-11-07 25000000 FACILITY ACQUISITION, DEMOLITION, CONSTRUCTION AND EQUIPPING 0 0 0 B WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783UA2 2016-12-13 83030000 FACILITY ACQUISITION, CONSTRUCTION AND EQUIPPING 0 0 0 C WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783TS5 2016-09-23 54301691 REFUND SERIES 2007A AND 2014 BONDS 0 0 0 D WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783WY8 2018-08-23 84100000 FACILITY CONSTRUCTION & REFUND SERIES 2016 BONDS 0 0 0 A 4990000 25000000 614886 1250000 326255 7911352 1059752 0 0 0 1 B 83030000 1265225 4071284 1615032 1000000 6902264 7123799 0 0 0 1 C 635000 54301691 3115664 40164667 1027200 44966 9950046 1 1 0 1 D 84100000 4198094 5100000 1066933 73824973 2018 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 FORM 990, PART VI, SECTION A, LINE 1 THE ORGANIZATION'S EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, PAST CHAIR, CHAIR ELECT, TREASURER AND SECRETARY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS AND EXERCISES THE AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT THE EXECUTIVE COMMITTEE DOES NOT HAVE THE AUTHORITY OF THE BOARD IN REFERENCE TO: 1. AMENDING, ALTERING, OR REPEALING THE BYLAWS; 2. ELECTING, APPOINTING, OR REMOVING ANY MEMBER OF THE EXECUTIVE COMMITTEE OR ANY DIRECTOR OR OFFICER OF THE CORPORATION; 3. AMENDING THE ARTICLES OF INCORPORATION; 4. ADOPTING A PLAN OR MERGER OR ADOPTING A PLAN OF CONSOLIDATION; 5. AUTHORIZING THE SALE, LEASE, OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S PROPERTY AND ASSETS; 6. AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ORGANIZATION'S ASSETS; OR 7. AMENDING, ALTERING, OR REPEALING ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND INCLUDES MEMBERS FROM THE PACIFIC NORTHWEST CONFERENCE OF THE UNITED METHODIST CHURCH, WHO HAVE THE RIGHT TO PARTICIPATE IN THE SELECTION OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS. AT LEAST A MAJORITY OF THE ELECTED BOARD MEMBERS MUST BE MEMBERS OF THE UNITED METHODIST CHURCH. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DELEGATED THE RESPONSIBILITY OF REVIEWING THE FORM 990 TO THE FINANCE COMMITTEE. MANAGEMENT AND THE FINANCE COMMITTEE REVIEWED IN DETAIL THE FORM 990. A COPY OF THE 990 WAS PRESENTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MAY, OR WHEN A NEW MEMBER ARRIVES ON THE BOARD, BOARD MEMBERS ARE GIVEN A DISCLOSURE FORM TO SIGN AND SUBMIT DECLARING ANY POSSIBLE CONFLICT OF INTEREST. SHOULD CONFLICTS EXIST, THE CONFLICTS ARE DISCLOSED TO THE OTHER BOARD MEMBERS. BOARD MEETING MINUTES WOULD REFLECT THE CONFLICT AS IT RELATES TO A RELEVANT DISCUSSION AND THE MEMBER WITH THE CONFLICT WOULD ABSTAIN FROM THE DISCUSSION AND DECISION. EACH MEMBER HAS BEEN GIVEN THE POLICY UPON MEMBERSHIP TO THE BOARD. MONITORING OF CONFLICTS OF INTEREST IS MANAGED BY THE WESLEY HOMES EXECUTIVE ASSISTANT. FORM 990, PART VI, SECTION B, LINE 15A THE LAST FULL, COMPANY-WIDE COMPENSATION REVIEW OF ALL POSITIONS WAS CONDUCTED IN 2012. INDIVIDUAL REVIEWS ARE CONDUCTED ON AN AS-NEEDED BASIS. WE PURCHASED MILLIMAN NW HEALTHCARE SALARY DATA AND LEADING AGE DATA IN 2017 AND USED THAT TO ESTABLISH EXECUTIVE COMPENSATION RANGES FOR THE ORGANIZATION. WE ALSO FACTORED IN SALARY DATA FROM HOME HEALTH SALARY SURVEYS AND FROM LEADING AGE TO ARRIVE AT SALARY RANGES FOR STAFF AND SOME EXECUTIVE POSITIONS. WE USED AN OUTSIDE CONSULTANT TO DO THE ANALYSIS AND PRICING FOR THE PRESIDENT/CEO POSITION. A COMPENSATION ANALYSIS AND RECOMMENDATION WAS PREPARED FOR THE CHAIR OF THE BOARD WHO PRESENTED TO THE EXECUTIVE COMMITTEE. THE COMMITTEE REVIEWED AND APPROVED THE CEO SALARY INCREASE. MILLIMAN, LEADING AGE, CEMO, HOME HEALTH SALARY SURVEYS AND JUDGEMENT WERE USED TO PRICE THE SALARIES OF THE OTHER OFFICERS. THE HR DEPARTMENT PROVIDED THE ANALYSIS AND THE PRESIDENT/CEO MADE THE FINAL DETERMINATION. WHILE FULL REVIEWS OCCUR SEMI-FREQUENTLY, THE ORGANIZATION MAKES AN EFFORT TO REVIEW COMPENSATION FOR KEY POSITIONS (RN, LPN, CNA, MAINTENANCE, FINANCE, MARKETING, ETC.) ON A REGULAR BASIS. FORM 990, PART VI, SECTION C, LINE 19 WESLEY HOMES' GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. WESLEY HOMES DES MOINES LLC 815 S 216TH STREET DES MOINES WA 98198 203541243 PLANNED RETIREMENT COMMUNITY WA 26899736 66347413 WESLEY HOMES WESLEY HOMES LEA HILL LLC 32049 109TH PLACE SE AUBURN WA 98092 202347503 PLANNED RETIREMENT COMMUNITY WA 14770954 56908467 WESLEY HOMES WESLEY HOMES BRADLEY PARK LLC 815 S 216TH STREET DES MOINES WA 98198 475289602 PLANNED RETIREMENT COMMUNITY WA 623243 84888780 WESLEY HOMES WESLEY HOMES RENTON LLC 13434 SE 180TH STREET RENTON WA 98058 813601830 PLANNED RETIREMENT COMMUNITY WA 0 1517999 WESLEY HOMES WESLEY HOMES COMMUNITY HEALTH SERVICES 815 S 216TH STREET DES MOINES WA 98198 571160339 HOME HEALTH AGENCY WA 501(C)(3) LINE 10 WESLEY HOMES 1 WESLEY HOMES FOUNDATION 815 S 216TH STREET DES MOINES WA 98198 911732317 SUPPORT WESLEY HOMES AND ITS RESIDENTS WA 501(C)(3) LINE 12A, I WESLEY HOMES 1 WESLEY HOMES PIERCE COUNTY 815 S 216TH STREET DES MOINES WA 98198 823901394 SENIOR HOUSING CAMPUS WA 501(C)(3) LINE 10 WESLEY HOMES 1 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 WESLEY HOMES COMMUNITY HEALTH SERVICES M 322739 COST WESLEY HOMES FOUNDATION C 3513719 CASH