Nonprofit · EIN 55-0362615
WELTY HOME FOR THE AGED INC
Tax-exempt · CINCINNATI, OH 45263
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $31,238,827 | $30,430,392 | $808,435 | $96,126,219 | $1,195,206 | $94,931,013 |
| December 31, 2023 | 990 | $31,842,397 | $29,706,480 | $2,135,917 | $92,218,686 | $2,192,978 | $90,025,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $124,396
- Program service revenue
- $30,429,968
- Investment income
- $623,485
- Net gain from sales of assets
- -$39,098
- Other revenue
- $60,978
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $388,778
- Other salaries and wages
- $14,114,907
- Salaries, compensation and benefits (total)
- $19,344,509
- Professional fundraising fees
- $0
- Legal fees
- $203,317
- Occupancy
- $1,006,958
- Travel
- $43,159
- Depreciation
- $2,010,668
- Program services (functional)
- $28,095,500
- Management and general (functional)
- $2,334,892
Balance sheet and other
- Total assets, start of year
- $92,218,686
- Total assets, end of year
- $96,126,219
- Total liabilities, end of year
- $1,195,206
- Net assets, end of year
- $94,931,013
- Land, buildings and equipment
- $29,465,298
- Publicly traded securities
- $18,899,683
- Net assets without donor restrictions
- $91,954,505
- Net assets with donor restrictions
- $2,976,508
- Gross receipts
- $31,278,049
- Employees
- 514
- Volunteers
- 7
- Year formed
- 1950
- State of legal domicile
- WV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MORGAN MURPHY | ADMINISTRATOR (AS OF 3/1/2024) Officer | 45 | $213,789 | $39,650 |
| ELEANOR REXROAD | ADMINISTRATIVE RN Highest-paid employee | 47 | $168,172 | $20,173 |
| DEBORAH MALENA | NURSE - RN Highest-paid employee | 50 | $143,037 | $19,820 |
| JESSICA CAMPBELL | FINANCE OFFICE MANAGER Highest-paid employee | 45 | $120,003 | $35,451 |
| EDITH TAYLOR | NURSE - RN Highest-paid employee | 46 | $135,286 | $18,543 |
| JOHN DAVIS | MAINTENANCE DIRECTOR Highest-paid employee | 45 | $106,919 | $33,967 |
| DONALD R KIRSCH | ADMINISTRATOR (UNTIL 2/29/24) Officer | 46 | $130,477 | $4,862 |
| MOST REV MARK E BRENNAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| REV MSGR ROBERT PETERSON | SECRETARY (UNTIL 09/2024) Trustee or director, Officer | 1 | $0 | $0 |
| REV DENNIS SCHUELKENS | SECRETARY (11/2024) Trustee or director, Officer | 1 | $0 | $0 |
| PENN KURTZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RANDALL FORZANO | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| ELIZABETH F GATES | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| ANN KOEGLER | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| LOUISE COULLING | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE E BANDI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DONALD R KIRSCH | ADMINISTRATOR Officer | 46 | $355,307 | $47,339 |
| DEBORAH MALENA | NURSE - RN Highest-paid employee | 50 | $176,683 | $20,056 |
| JOSHUA JONES | NURSE - RN Highest-paid employee | 45 | $157,743 | $35,567 |
| ELEANOR REXROAD | ADMINISTRATIVE RN Highest-paid employee | 47 | $154,161 | $16,913 |
| EDITH TAYLOR | NURSE - RN Highest-paid employee | 46 | $150,260 | $17,558 |
| MORGAN MURPHY | ASSISTANT ADMINISTRATOR Highest-paid employee | 45 | $131,709 | $33,779 |
| MOST REV MARK E BRENNAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| REV MSGR EUGENE OSTROWSKI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PENN KURTZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LAWRENCE E BANDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH F GATES | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| ANN KOEGLER | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| LOUISE COULLING | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| RANDALL FORZANO | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 630858, CINCINNATI, OH 45263-0858
- In care of
- % FIFTH THIRD BANK NA TTEE
- Principal officer (990 for 2024)
- MORGAN MURPHY, 159 EDGINGTON LANE, WHEELING, WV 26003
- Signed the 990
- MOST REV MARK E BRENNAN, PRESIDENT
- Phone
- (304) 242-5233
- Website
- HTTPS://WELTYHOME.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE MISSION OF THE WELTY HOME FOR THE AGED, INC. IS TO OWN, OPERATE AND MAINTAIN WITHIN THE CITY OF WHEELING AND ELSEWHERE IN OHIO COUNTY, WEST VIRGINIA, FACILITIES HAVING THE CAPACITY TO PROVIDE A FULL RANGE OF SECONDARY HEALTHCARE SERVICES FOR THE AGED, THE ILL AND THE DISABLED, INCLUDING BUT NOT LIMITED TO, SPECIALTY AND RESTORATIVE HEALTHCARE SERVICES, REHABILITATIVE HEALTHCARE SERVICES, CUSTODIAL CARE SERVICES, SKILLED NURSING SERVICES AND PROGRAMS AND OTHER HEALTH RELATED SERVICES ALL OF WHICH SHALL BE DESIGNED TO PROVIDE CARE FOR MEN AND WOMEN IN A CHRISTIAN, CHARITABLE AND BENEVOLENT MANNER. THE OPERATIONS IN FURTHERANCE OF THE CORPORATION'S CHARITABLE PURPOSES ARE CARRIED OUT BY FOUR LIMITED LIABILITY COMPANIES: 1) GOOD SHEPHERD NURSING HOME, LC; 2) THE WELTY HOME, LC; 3) WELTY RETIREMENT APARTMENTS, LC; AND 4) WELTY HOME REAL ESTATE, LC.
Program accomplishments
- GOOD SHEPHERD NURSING HOME, LC (GSNH) IS A 192-BED SKILLED CARE NURSING FACILITY OPERATING AT 159 EDGINGTON LANE, WHEELING, WEST VIRGINIA. GSNH IS THE LARGEST NON-PROFIT SKILLED CARE NURSING FACILITY IN THE STATE OF WEST VIRGINIA AND REMAINS A (RESTRAINT FREE) NURSING HOME. GSNH HAS MAINTAINED ITS REPUTATION AS A QUALITY CARE FACILITY AND CONTINUES TO OPERATE AT THE LOWEST RATE STRUCTURE IN OHIO COUNTY. APPROXIMATELY 58.16% OF ITS 192-BED CAPACITY CONSISTS OF DEPARTMENT OF WELFARE (MEDICAID) PATIENTS. IN SEPTEMBER 2017 GSNH STARTED A SKILLED CARE THERAPY PROGRAM.Expenses $24,511,010 · revenue $26,489,303
- THE WELTY HOME, LC AT 52 WASHINGTON AVE, WHEELING, WEST VIRGINIA CONTINUED TO PROVIDE ASSISTED LIVING CARE AT ITS FACILITY FOR A MAXIMUM OF 52 RESIDENTS IN 52 INDIVIDUAL PRIVATE ROOMS. RATES FOR PRIVATE ROOM, BOARD, LAUNDRY AND NURSING CARE SERVICES ARE PRESENTLY ESTABLISHED AT A PER DIEM RATE FOR THOSE RESIDENTS WITH SUFFICIENT FINANCIAL RESOURCES TO PAY SUCH CHARGES. IF AN APPLICANT OR A RESIDENT IS UNABLE TO PAY THE FULL AMOUNT OF SUCH CHARGES, THE WELTY HOME, LC HAS ADOPTED A CHARITABLE SUBSIDY POLICY TO ASSIST SUCH APPLICANTS OR RESIDENTS. IN 2024, THE WELTY HOME, LC PROVIDED APPROXIMATELY $80,000 OF FINANCIAL ASSISTANCE TO RESIDENTS WHO WERE UNABLE TO PAY THE FULL AMOUNT OF THE REGULAR OCCUPANCY FEES.Expenses $2,054,392 · revenue $2,245,044
- THE WELTY RETIREMENT APARTMENTS CONTINUED TO PROVIDE A HOUSING ALTERNATIVE, WITH INCREASED SECURITY, COMFORT AND SPECIALIZED SERVICES, FOR THE ELDERLY WHO WISH TO BE RELIEVED OF THE BURDEN OF MAINTAINING A FREE STANDING RESIDENCE, BUT WHO DO NOT HAVE A DESIRE OR A NEED FOR CUSTODIAL TYPE OF CARE OFFERED AT THE WELTY HOME, ALLOWING THEM TO LOVE INDEPENDENTLY AND AGE (IN PLACE) TO AVOID THE COMMON SITUATION WHERE THE ELDERLY DECLINE IN PHYSICAL AND EMOTIONAL HEALTH BY BEING ISOLATED IN A SINGLE FAMILY HOME WHICH IS NOT PHYSICALLY SUITED TO THEIR NEEDS AND WHICH THEY ARE PHYSICALLY UNABLE TO MAINTAIN. THE WELTY RETIREMENT APARTMENTS PROVIDE A PROPER RESIDENTIAL ENVIRONMENT FOR THE AGED WITH SPECIAL SUPPORT SERVICES SUCH AS A SECURE BUILDING EQUIPPED WITH FIRE ALARM, SMOKE DETECTION, SPRINKLER SYSTEM, ELEVATOR, CENTRAL CALL SYSTEM, GRAB BARS AND OTHER SPECIALIZED EQUIPMENT AND FACILITIES FOR THE AGED. IN ADDITION, AT NO EXTRA COST, THE WELTY APARTMENTS PROVIDE A LIMITED LEVEL OF MEDICAL SUPERVISION BY A REGISTERED NURSE, 24 HOUR COVERAGE BY PERSONNEL AVAILABLE TO RESPOND TO THE CALL SYSTEM, ALL AT A LOCATION CONVENIENT TO TRANSPORTATION, SHOPPING, HOSPITALS AND CHURCHES. SERVICES ALSO INCLUDE TRANSPORTATION SERVICES, CLEANING SERVICES AND MEAL SERVICES TO THE RESIDENTS OF THE APARTMENTS. IF AN APPLICANT OR A RESIDENT IS UNABLE TO PAY THE FULL AMOUNT OF RENTAL CHARGES, WELTY RETIREMENT APARTMENTS, LC HAS ADOPTED A CHARITABLE SUBSIDY POLICY TO ASSIST SUCH APPLICANTS OR RESIDENTS. THE WELTY RETIREMENT APARTMENTS, LC ALSO CONTINUED TO OPERATE 23 APARTMENTS (THE BRADDOCK APARTMENTS) FOR THE ELDERLY. THE BRADDOCK APARTMENTS CONTINUED TO PROVIDE COST EFFECTIVE HOUSING TO ITS RESIDENTS AS WELL AS EXPANDED SERVICES SUCH AS TRANSPORTATION SERVICES, HOUSECLEANING SERVICES, DIETARY SERVICES AND LIMITED NURSING SERVICES. PRIORITY IN ADMISSION IS GIVEN TO APPLICANTS WHO HAVE A SPOUSE OR OTHER LOVED ONE RESIDING AT GOOD SHEPHERD NURSING HOME. DUE TO THE SUPPORT OF THE DIOCESE OF WHEELING-CHARLESTON AND THE CAPITAL SUPPORT OF THE CLARA WELTY TRUST, THE WELTY HOME FOR THE AGED, INC. HAS BEEN ABLE TO CONTINUE TO EXPAND ITS CHARITABLE MISSION FOR THE AGED OF OHIO COUNTY WEST VIRGINIA WITHOUT INCURRING SUBSTANTIAL DEBT OR OPERATING DEFICITS, WHILE PROVIDING ITS EMPLOYEES WITH GOOD WORKING CONDITIONS, COMPETITIVE WAGES AND ONE OF THE HIGHEST LEVELS OF HEALTH CARE AND OTHER EMPLOYEE BENEFITS IN THE GERIATRIC CARE INDUSTRY IN WEST VIRGINIA.Expenses $1,525,610 · revenue $1,756,599
- WELTY HOME REAL ESTATE, LC IS A REAL ESTATE HOLDING COMPANY WHICH OWNS AN INTEREST IN THE BERTHA WELTY APARTMENTS AT 1315 AND 1325 NATIONAL ROAD, WHEELING, WEST VIRGINIA. WELTY HOME REAL ESTATE, LC CONTINUED TO HOLD THESE PROPERTIES AND MAKE THEM AVAILABLE TO THE WELTY RETIREMENT APARTMENTS, LC, WITHOUT CHARGE, FOR RENTAL PURPOSES. THE BERTHA WELTY APARTMENTS IS A 38-UNIT APARTMENT COMPLEX FOR THE ELDERLY. THE PROJECT WAS COMPLETED AND OPENED FOR OCCUPANCY IN SEPTEMBER OF 2008 AND THE OCCUPANCY RATE WAS IMMEDIATELY 100%.Expenses $4,488
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0362615
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P75I)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $96,126,219
- Income (IRS master file)
- $31,278,049
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $31,238,827 | $30,430,392 | $96,126,219 | XML |
| 990 | December 2023 | $31,842,397 | $29,706,480 | $92,218,686 | XML |
| 990 | December 2022 | $29,667,415 | $29,171,904 | $87,009,937 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-0362615).
Questions about WELTY HOME FOR THE AGED INC
- What is the EIN of WELTY HOME FOR THE AGED INC?
- The employer identification number (EIN) of WELTY HOME FOR THE AGED INC is 55-0362615.
- Is WELTY HOME FOR THE AGED INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does WELTY HOME FOR THE AGED INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WELTY HOME FOR THE AGED INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELTY HOME FOR THE AGED INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WELTY HOME FOR THE AGED INC?
- The 990 for the year ended December 31, 2024 names MORGAN MURPHY.
- Who are the officers and directors of WELTY HOME FOR THE AGED INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization, the highest $213,789 (MORGAN MURPHY, ADMINISTRATOR (AS OF 3/1/2024)).
- How much revenue does WELTY HOME FOR THE AGED INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $31,238,827, expenses of $30,430,392 and total assets of $96,126,219 at year end.
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