Strong finances position us for a bright future
At WesleyLife, good stewardship is a core value. We keep finances in perspective, as WesleyLife is a 501(c)(3) nonprofit that exists to serve. Financial strength is a priority because it makes our people-focused vision and mission a reality, and it provides current and prospective residents and their families with the peace of mind that comes from dealing with a fiscally solid organization.
Since our beginning in 1946, WesleyLife has weighed opportunities to improve or expand services based on whether they fit our vision and mission, are sound investments, and will remain financially stable for the long term. This approach has allowed us to weather periodic downturns in the regional and national economy while consistently increasing revenue.
Our careful fiscal management and the irreplaceable support of our many donors have allowed WesleyLife to invest healthily and wisely over the years, and occupancy rates of our eight communities is consistently well above the national average, demonstrating the value of our offerings. High occupancy and the continued growth of our home-based services generate a solid source of income for the entire organization.
WesleyLife is overseen by a volunteer board of directors charged with positioning the organization for perpetual success. Experts on the board’s Finance Committee assist in overseeing the organization’s fiscal practices, and our consolidated annual statements are audited by a leading independent accounting firm. For additional details, view our most recent Annual Report.