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North Carolina · Nonprofit

WESLEY COMMUNITY DEVELOPMENT CORPORATION

WESLEY COMMUNITY DEVELOPMENT CORPORATION (North Carolina) receives grants from 3 organizations whose IRS filings report $2,984,647 to it, the largest being THE DUKE ENDOWMENT ($2,580,200). 1 of them have funded it in more than one year.

Revenue FY2024
$2.5M
Funders on record
3
Grants received
$3.0M
Net assets
$3.5M
1/3 repeat funderspeak grant-dependency 47%
01What it does

What Wesley Community Development Corporation does

Mission

Wesley community development is an innovative, full-service, non-profit real estate firm uniquely qualified to partner with faith-based organizations in helping them reimagine, repurpose, and redevelop their physical assets to live into their vision.

As stated on its FY2024 Form 990.

Programs

  1. Real estate development and asset management - construction/developmentof affordable housing units and rental of low income multifamily housing in western north carolina.

    $577,701 spent$516,943 earned by the program
    36% of program spending
  2. Church advisory, brokerage and asset management - working with churches on church campus development, brokerage, and property asset management to develop or repurpose real estate to meet the needs of the church and community in rural areas of north carolina and beyond.

    $1,024,233 spent$972,569 earned by the program
    64% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,601,934.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($620k) Expenses 100 ($885k) Net assets 100 ($2.0M)2018 Revenue 82 ($511k) Expenses 106 ($942k) Net assets 80 ($1.6M)2019 Revenue 219 ($1.4M) Expenses 173 ($1.5M) Net assets 71 ($1.4M)2020 Revenue 330 ($2.0M) Expenses 173 ($1.5M) Net assets 98 ($1.9M)2021 Revenue 278 ($1.7M) Expenses 168 ($1.5M) Net assets 112 ($2.2M)2022 Revenue 459 ($2.8M) Expenses 214 ($1.9M) Net assets 157 ($3.1M)2023 Revenue 347 ($2.1M) Expenses 212 ($1.9M) Net assets 173 ($3.4M)2024 Revenue 409 ($2.5M) Expenses 277 ($2.5M) Net assets 178 ($3.5M)
'17'18'19'20'21'22'23'24
Revenue (409)Expenses (277)Net assets (178)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.8M to $4.7M (+24%).

$3.6M
$3.2M
$3.0M
$3.5M
$3.8M
$4.7M
$4.9M
$5.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 6% · 2021 6% · 2022 4% · 2023 6% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$266k
’17
−$431k
’18
−$168k
’19
$519k
’20
$240k
’21
$947k
’22
$267k
’23
$80k
’24
4.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joel Gilland

President/CEO

Board chair

Rev Randolph Harry

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed108151313131312
Joined·+2+7+1+0+1+1+1
No longer listed·4030112
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $638k → $470k.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WESLEY COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WESLEY COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 86% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WESLEY COMMUNITY DEVELOPMENT CORPORATION's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $22k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like WESLEY COMMUNITY DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 14 related entities

  • Mineral Springs Commons of Charlotte LLC · disregarded
  • Wesley Heights of Taylorsville Inc · exempt
  • Arbor Glen of Lenoir LLC · partnership
  • Cascade Garden of Mooresville LLC · partnership
  • Prosperity Ridge Apartments of Kannapolis LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for WESLEY COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WESLEY COMMUNITY DEVELOPMENT CORPORATION?
WESLEY COMMUNITY DEVELOPMENT CORPORATION (North Carolina) receives grants from 3 organizations whose IRS filings report $2,984,647 to it, the largest being THE DUKE ENDOWMENT ($2,580,200). 1 of them have funded it in more than one year.
How many funders does WESLEY COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 3 organizations giving $2,984,647 in grants to WESLEY COMMUNITY DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of WESLEY COMMUNITY DEVELOPMENT CORPORATION?
THE DUKE ENDOWMENT is the largest funder on record, with $2,580,200 in grants. The full list of funders is on this page.
How can an organization like WESLEY COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing