Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Wesley Stage Park Inc is a nonprofit organization established in January 1998, focused on housing development and retirement housing for very low-income elderly individuals in Memphis, Tennessee. With an operating budget of $931.6K and total revenue of $795.7K for the filing year 2024, the organization operates a 66-unit community that provides essential housing and related services under Section 202 of the National Housing Act. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.wesleyliving.com.

Mission Statement

WESLEY STAGE PARK, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN JANUARY 1998, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 66-UNIT COMMUNITY LOCATED IN MEMPHIS, TENNESSEE KNOWN AS WESLEY STAGE PARK, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
Revenues
$795.7K
Expenses
$931.6K
Net Income:
-$135.9K
Assets
$2.2M
Liabilities
$4M
Net Assets:
-$1.7M
Operating Budget
$931.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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D
Dwight Davis
Board Member
H
Holly Mitchener
Board Member
C
Carol Avens
Board Member

Frequently Asked Questions

What is WESLEY STAGE PARK INC’s budget?
In 2024, WESLEY STAGE PARK INC reported an annual operating budget of around $932 thousand. More detailed financial information is available to registered users.
What causes does WESLEY STAGE PARK INC support?
WESLEY STAGE PARK INC supports work in Retirement housing and Housing development.
Where does WESLEY STAGE PARK INC operate?
WESLEY STAGE PARK INC is headquartered in Cordova, TN.
What is WESLEY STAGE PARK INC’s reliance on government grants?
WESLEY STAGE PARK INC relied on government grants for more than 25% of their total revenue in 2024.