Wesley House Student Residence Inc
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Wesley House Student Residence Inc meets the 20 Standards for Charity Accountability.
Stated Purpose:
Wesley House Student Residence empowers qualifying students to achieve their goals through affordable housing and support services.
Year, State Incorporated:
2005, CA
Since 2005, Wesley House has challenged barriers often experienced by those seeking to improve their prospects through higher education. From the beginning, the focus has been on addressing the basic needs of housing and food security among low-income post-secondary students.
Wesley House services are available to all low-income students in San Diego County. In 2005, Wesley House served 24-32 individuals annually. The organization now serves over 2,200 people each year. Services have include wraparound case management, a full-service food pantry, CalFresh application assistance, housing navigation, rental assistance, and life skills training. Wesley House programming is developed with feedback and input from the communities served and the experts who support them.
The Wesley House approach to student success through proven holistic interventions has a history of 95% retention of students continuing their education year-to-year through to completion.
For the year ended December 31, 2023, Wesley House Student Residence Inc's program expenses were:
| Program services | $363,022 |
| Total Program Expenses | $363,022 |
Chief Executive
Lisa Norombaba, Executive Director
Chair of the Board
Mr. Frank Hanna, Board Chairperson
Chair's Profession / Business Affiliation
Housing Development Partners
Board Size
9
Paid Staff Size
8
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Wesley House Student Residence Inc's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Contributions and grants | $300,292 |
| Rental income, less vacancy of $14,795 | $185,905 |
| Investment income (loss), net | $7,622 |
| Laundry and parking | $6,922 |
| In-kind contributions | $1,125 |
| Total Income | $501,866 |
Programs: 74% Fundraising: 13% Administrative: 13%
| Total Income | $501,866 |
| Total expenses: | $492,043 |
| Program expenses | $363,022 |
| Fundraising expenses | $64,787 |
| Administrative expenses | $64,234 |
| Other expenses | $0 |
| Income in Excess of Expenses | $9,823 |
| Beginning Net Assets | $1,190,919 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,200,742 |
| Total Liabilities | $1,015,177 |
| Total Assets | $2,215,919 |
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Standards Not Met
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Review in Progress
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Report completed by:
Better Business Bureau Serving the Pacific Southwest