Public Charity

WELTY HOME FOR THE AGED INC

WELTY HOME FOR THE AGED INC is a nonprofit organization categorized as Public Charity based in WHEELING, WV. Its most recent IRS filing (2024) reports revenue of $31.2M, expenses of $30.4M, total assets of $96.1M.

EIN: 550362615 WHEELING, WV Supportive Housing for Older Adults NTEE: P75 Latest filing: 2024

Total Revenue$31.2M

Total Expenses$30.4M

Total Assets$96.1M

Grant Records4

Filing Years2019–2024

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.

Where $100 goes at Welty Home for the Aged Inc

How Welty Home for the Aged Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself

$6 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$82

Good shepherd nursing home, lc (gsnh) is a 192-bed skilled care nursing facility operating at 159 edgington lane, Wheeling, west virginia

87% of program spending

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…

7% of program spending · Reported in the filing: 52 residents

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…

6% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Ann Koegler

NURSE - RN Deborah Malena

ADMINISTRATOR (UNTIL 2/29/24) Donald R Kirsch

NURSE - RN Edith Taylor

ADMINISTRATIVE RN Eleanor Rexroad

DIRECTOR Elizabeth F Gates

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$31.2M	$30.4M	$96.1M
2023	$31.8M	$29.7M	$92.2M
2022	$29.7M	$29.2M	$87.0M
2020	$32.6M	$29.2M	$54.0M
2019	$29.7M	$27.2M	$49.2M

Between 2019 and 2024, reported annual revenue grew from $29.7M to $31.2M (+5%), with total assets most recently reported at $96.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WELTY HOME FOR THE AGED INC

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