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Nonprofiteer
← WELTY HOME FOR THE AGED INC

Form 990 for tax year 2024

Filed by WELTY HOME FOR THE AGED INC.

Totals

Total revenue
$31,238,827
Total expenses
$30,430,392
Contributions and grants received
$124,396
Grants paid
$0
Program service revenue
$30,429,968
Investment income
$623,485
Other revenue
$60,978
Total assets, end of year
$96,126,219
Total liabilities, end of year
$1,195,206
Net assets or fund balances, end of year
$94,931,013
Program services expenses (Part IX)
$28,095,500
Management and general expenses
$2,334,892
Fundraising expenses
$0
Program service expenses (Part III)
$28,095,500

Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $124,396

  • 1g · Noncash contributions included above

    $94,838

  • 2a · Program service revenue: NET RESIDENT REVENUE

    total $30,429,968 · related or exempt $30,429,968

  • 3 · Investment income

    total $662,583 · excluded $662,583

  • 7a · Gross sales of assets other than inventory

    securities $124

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $39,222

  • 7c · Gain or loss

    securities $124 · other assets -$39,222

  • 7d · Net gain or loss

    total -$39,098 · excluded -$39,098

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $47,043 · related or exempt $47,043

  • 11b · Other revenue: FOOD SERVICE INCOME

    total $13,935 · related or exempt $13,935

  • 11e · Other revenue, total

    $60,978

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $388,778 · management and general $388,778

  • 7 · Other salaries and wages

    total $14,114,907 · program services $13,551,692 · management and general $563,215

  • 8 · Pension plan contributions

    total $428,402 · program services $428,402

  • 9 · Other employee benefits

    total $3,362,498 · program services $3,362,498

  • 10 · Payroll taxes

    total $1,049,924 · program services $1,049,924

  • 11b · Fees: legal

    total $203,317 · management and general $203,317

  • 11f · Fees: investment management

    total $6,256 · management and general $6,256

  • 11g · Fees: other

    total $2,191,724 · program services $1,369,145 · management and general $822,579

  • 12 · Advertising and promotion

    total $108,503 · program services $88,640 · management and general $19,863

  • 13 · Office expenses

    total $318,913 · program services $260,532 · management and general $58,381

  • 16 · Occupancy

    total $1,006,958 · program services $943,040 · management and general $63,918

  • 17 · Travel

    total $43,159 · program services $35,258 · management and general $7,901

  • 19 · Conferences, conventions and meetings

    total $6,816 · program services $5,568 · management and general $1,248

  • 20 · Interest

    total $17,285 · program services $6,912 · management and general $10,373

  • 22 · Depreciation, depletion and amortization

    total $2,010,668 · program services $2,010,668

  • 23 · Insurance

    total $403,202 · program services $403,202

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $1,243,214 · program services $1,243,214

  • 24b · Other expenses: TAXES

    total $1,193,363 · program services $1,193,363

  • 24c · Other expenses: DIETARY

    total $1,148,805 · program services $1,148,805

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $451,042 · program services $368,476 · management and general $82,566

  • 24e · All other expenses

    total $732,658 · program services $626,161 · management and general $106,497

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,650 · end of year $2,650

  • 2 · Savings and temporary cash investments

    beginning of year $5,911,849 · end of year $5,229,067

  • 4 · Accounts receivable

    beginning of year $2,820,009 · end of year $3,188,467

  • 8 · Inventories for sale or use

    beginning of year $398,638 · end of year $296,408

  • 9 · Prepaid expenses and deferred charges

    beginning of year $252,787 · end of year $319,124

  • 10a · Land, buildings and equipment: cost or other basis

    $60,557,934

  • 10b · Land, buildings and equipment: accumulated depreciation

    $31,092,636

  • 10c · Land, buildings and equipment, net

    beginning of year $28,970,105 · end of year $29,465,298

  • 11 · Investments: publicly traded securities

    beginning of year $17,598,991 · end of year $18,899,683

  • 15 · Other assets

    beginning of year $36,263,657 · end of year $38,725,522

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,365,997 · end of year $916,345

  • 23 · Secured mortgages and notes payable

    beginning of year $801,128 · end of year $204,855

  • 25 · Other liabilities

    beginning of year $25,853 · end of year $74,006

  • 27 · Net assets without donor restrictions

    beginning of year $87,049,200 · end of year $91,954,505

  • 28 · Net assets with donor restrictions

    beginning of year $2,976,508 · end of year $2,976,508

Mission and programs · 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.

Activities or mission (Part I)

THE CHARITABLE PURPOSES OF THE WELTY HOME FOR THE AGED, INC. ARE 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, INCLUDING THOSE ILL AND DISABLED. SUCH SERVICES INCLUDE BUT ARE 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.

  • 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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Most Rev Mark E Brennan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 0.3 related
  • Rev Msgr Robert Peterson

    SECRETARY (UNTIL 09/2024)

    Total calculated
    $0
    Hours/week
    1 + 0.3 related
  • Rev Dennis Schuelkens

    SECRETARY (11/2024)

    Total calculated
    $0
    Hours/week
    1 + 0.3 related
  • Penn Kurtz

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.3 related
  • Randall Forzano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Elizabeth F Gates

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Ann Koegler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Louise Coulling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Lawrence E Bandi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 0.3 related
  • Donald R Kirsch

    ADMINISTRATOR (UNTIL 2/29/24)

    Total calculated
    $135,339
    From this org
    $130,477
    From related orgs
    $0
    Other
    $4,862
    Hours/week
    46
  • Morgan Murphy

    ADMINISTRATOR (AS OF 3/1/2024)

    Total calculated
    $253,439
    From this org
    $213,789
    From related orgs
    $0
    Other
    $39,650
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $196,289
    Bonus
    $17,500
    Other
    $0
    Deferred
    $10,476
    Nontaxable benefits
    $29,174
    Filer's total
    $253,439
  • Eleanor Rexroad

    ADMINISTRATIVE RN

    Total calculated
    $188,345
    From this org
    $168,172
    From related orgs
    $0
    Other
    $20,173
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $152,825
    Bonus
    $15,347
    Other
    $0
    Deferred
    $8,240
    Nontaxable benefits
    $11,933
    Filer's total
    $188,345
  • Deborah Malena

    NURSE - RN

    Total calculated
    $162,857
    From this org
    $143,037
    From related orgs
    $0
    Other
    $19,820
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $142,706
    Bonus
    $331
    Other
    $0
    Deferred
    $8,582
    Nontaxable benefits
    $11,238
    Filer's total
    $162,857
  • Edith Taylor

    NURSE - RN

    Total calculated
    $153,829
    From this org
    $135,286
    From related orgs
    $0
    Other
    $18,543
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $134,952
    Bonus
    $334
    Other
    $0
    Deferred
    $7,305
    Nontaxable benefits
    $11,238
    Filer's total
    $153,829
  • Jessica Campbell

    FINANCE OFFICE MANAGER

    Total calculated
    $155,454
    From this org
    $120,003
    From related orgs
    $0
    Other
    $35,451
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $104,669
    Bonus
    $15,334
    Other
    $0
    Deferred
    $6,277
    Nontaxable benefits
    $29,174
    Filer's total
    $155,454
  • John Davis

    MAINTENANCE DIRECTOR

    Total calculated
    $140,886
    From this org
    $106,919
    From related orgs
    $0
    Other
    $33,967
    Hours/week
    45

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GOOD SHEPHERD NURSING HOME LC

    SKILLED CARE NURSING FACILITY · WV · income $26,695,251 · assets $25,901,029

    Directly controlled by WELTY HOME FOR THE AGED INC

  • THE WELTY HOME LC

    ASSISTED LIVING FACILITY · WV · income $2,256,307 · assets $3,529,352

    Directly controlled by WELTY HOME FOR THE AGED INC

  • WELTY RETIREMENT APARTMENTS LC

    HOUSING FOR ELDERLY · WV · income $1,738,158 · assets $7,017,505

    Directly controlled by WELTY HOME FOR THE AGED INC

  • WELTY HOME REAL ESTATE LC

    REAL ESTATE HOLDING COMPANY · WV · income $217,713 · assets $2,116,841

    Directly controlled by WELTY HOME FOR THE AGED INC

Provenance

Return type
form_990
Tax year
2024
Filed
14 October 2025
IRS schema version
2024v5.2
Source object
202513009349300311

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