JOHN H WELLONS FOUNDATION INC
PO BOX 1254, DUNN, NC 28335

Total Revenue
$2,946,962
Total Expenses
$1,013,293
Net Assets
$18,615,224

Organizations Filed Purposes: CHARITABLE GIVING, STUDENT LOANS, ELDERLY HOUSING

Elderly housing - provide and support availability of reduced rental housing for elderly persons (40 units operated, 21 projects sponsored in operation, several in development).

Scholarship loans - providing low interest loans to worthy students for educational purposes. Many loans were deemed uncollectible in the current year; $208,287 in bad debts was written off and customers with written off debt were issued a 1099c for the balance due.

Thrift store - operates a thrift store which accepts, then sells, items contributed. Proceeds are used to assist in financing other programs.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Shirley P GodwinASST. SEC/TREAS0$0
Gene T JerniganDirector0$0
Daneel L Le RouxDirector0$0
Llewellyn JerniganSecr./Tr./Director0$0
Sylvia W CraftV. Pres./Director0$0
John H Wellons JrPres./Director0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022869349300617_public.xml