Wesley Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943427437 ✦ Huntersville, NC ✦ Designated as a 501(c)(3)

Overview

What is Wesley Community Development Corporation?

Wesley Community Development Corporation is a nonprofit organization situated in Huntersville, North Carolina. With a focus on real estate development and asset management, their primary mission is to construct and manage affordable housing units in Western North Carolina. Their goal is to reimagine, repurpose, and redevelop communities, striving to create environments that embody grace and hope for low-income families. The organization, which employs 12 individuals, primarily focuses on the development of multi-family housing properties for rent.


Official website here: www.wesleycdc.com

Is Wesley Community Development Corporation legitimate?

Wesley Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $448,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,614

For more financial information, click here


Official website here: www.wesleycdc.com

What is the mission statement of Wesley Community Development Corporation?

The Wesley Community Development Corporation's mission, as stated, is centered around the principles of reimagining, repurposing, and redeveloping with the goal of establishing communities that embody grace and hope. This mission is achieved through their involvement in real estate development and asset management, specifically focusing on the construction and rental of affordable housing units for low-income families in Western North Carolina.


Official website here: www.wesleycdc.com

Who is the CEO of Wesley Community Development Corporation?

Joel Gilland is the Board Chair of Wesley Community Development Corporation. The CEO's salary of Wesley Community Development Corporation is $266,448 and their total compensation is $297,510.


Official website here: www.wesleycdc.com

What is the revenue of Wesley Community Development Corporation?

Wesley Community Development Corporation's revenue in 2022 was $2,844,958.


Official website here: www.wesleycdc.com

Who are the executives of Wesley Community Development Corporation and what are their salaries?

The average compensation at Wesley Community Development Corporation during 2022 was $95,434. There are 12 employees and 9 volunteers at Wesley Community Development Corporation.

Here are 13 key members and their salaries (Wesley Community Development Corporation's CEO's salary is $266,448 and their total compensation is $297,510):

    Joel Gilland (President/Ceo)
  • Compensation: $266,448
  • Related: $0
  • Other: $31,062

    • Mack King (Senior Director Of Real Estate Services)
  • Compensation: $147,250
  • Related: $0
  • Other: $20,712

    • Brandi Turner (Vp Of Finance And Operations)
  • Compensation: $126,809
  • Related: $0
  • Other: $24,276

    • Chad Brannan (Director Of Construction And Development)
  • Compensation: $101,355
  • Related: $0
  • Other: $8,700

    • Rev Randolph Harry (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev David Hiatt (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Willetta Ar-Rahmaan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Philip Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricky Lefft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Mark King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Don Pettigrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Lynda Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wesleycdc.com

    Where can I find the form 990 for Wesley Community Development Corporation?

    The Wesley Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wesleycdc.com

    Learn more at the official website: www.wesleycdc.com

    Mission Statement of Wesley Community Development Corporation

    Wesley Community Development Corporation, as its name suggests, is committed to reimagining, repurposing, and redeveloping communities, ultimately building spaces of grace and hope. This mission is reflected in their primary activity of real estate development and asset management. Specifically, they focus on constructing and developing affordable housing units, as well as renting out low-income multifamily housing units. By doing so, Wesley Community Development Corporation aims to contribute positively to the lives of individuals and families in need, thereby helping to rebuild and strengthen communities.

    Impact

    This information is meant to be a general summary of Wesley Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Wesley Community Development Corporation's impact lies in its commitment to reimagining, repurposing, and redeveloping communities of grace and hope. Through its real estate development and asset management activities, specifically in construction and development of affordable housing units as well as rental of low-income multifamily housing in western North Carolina, Wesley Community Development Corporation is making a tangible difference in addressing housing needs in the region. Their focus on providing affordable housing contributes to building strong and sustainable communities, fulfilling their mission of creating spaces where individuals and families can thrive.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,999
  • Program Service Revenue: $1,495,830
  • Gross Receipts: $2,858,363

    • Assets and Liabilities:
  • Total Assets: $4,668,726
  • Total Liabilities: $1,568,397
  • Net Assets: $3,100,329
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPER AND INCENTIV

    Revenue

    $467,211

    REAL ESTATE COMMISSION

    Revenue

    $373,337

    PROPERTY MANAGEMENT FE

    Revenue

    $251,355

    RENTAL INCOME

    Revenue

    $224,560

    CONSULTING FEES

    Revenue

    $179,367

    Organization Details

    Founding Year

    2002

    Principal Officer

    Joel Gilland

    Main Address

    13816 PROFESSIONAL CENTER DR 200, HUNTERSVILLE, NC, 28078

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Wesley Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.