WESLEY HOUSING DEVELOPMENT CORPORATION

ALEXANDRIA, VA, 22303-1529 (703) 642-3830 Est. 1974 EIN 51-0155779

990 - Public charity return 501(c)(3)

www.wesleyhousing.org

Mission

TO DEVELOP, OWN, OPERATE, PRESERVE, AND MAINTAIN AFFORDABLE HOUSING AND SUSTAIN QUALITY COMMUNITIES FOR LOW- AND MODERATE- INCOME PERSONS IN NORTHERN VIRGINIA.

Financials

Total Revenue

$13,444,497

Total Expenses

$13,728,219

Net Assets

$25,610,444

131 employees 20 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

22.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 3.8%

Expenses ↓ 8.0%

Revenue Sources

Contributions 43.8% Earned revenue 40.6% Investment 15.6%

Expense Breakdown

Program 92.2% Management 6.8% Fundraising 1.0%

Officers & Key Employees (24)

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Grants Received (78)

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Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$13,444,497 ↓	$13,728,219	$25,610,444
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$13,972,178 ↑	$14,917,911	$25,894,166
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$11,248,195 ↓	$10,177,726	$26,839,899
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$16,794,588	$8,170,339	$30,584,109