WELTY HOME FOR THE AGED INC Charity Report

Public IRS 990 nonprofit record

WELTY HOME FOR THE AGED INC

EIN 55-0362615 · Human Services (P75I)

What they do

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 CORPORATIONS 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.94%of revenue went to mission work92.3% of expenses · Program services

$97.41spent for every $100 of revenueRevenue covered expenses this year.

7.47%of revenue went to management and office costs7.7% of expenses

$3.16in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $253,439 for MORGAN MURPHY (ADMINISTRATOR (AS OF 3/1/2024)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,238,827

Mission workProgram services$28,095,50089.94% of revenue92.3% of expenses

ManagementOffice and general costs$2,334,8927.47% of revenue7.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$808,4352.59% of revenueShown in gray on the chart

Total expenses$30,430,39297.41% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 97.41% of revenue

2023Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 93.29% of revenue

2022Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 98.33% of revenue

2021Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 91.17% of revenue

2020Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 89.59% of revenue

2019Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 91.41% of revenue

2018Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 100.11% of revenue

2017Expense mix: 97.1% mission · 2.9% management · 0.0% fundraisingTotal expenses: 93.57% of revenue

Money in and money out

Revenue$31,238,827

Expenses$30,430,392

Annual surplus $808,435 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$28,095,500 · 92.3% of expenses

Management and office costs$2,334,892 · 7.7% of expenses

See all reported dollar amounts

Revenue$31,238,827

Expenses$30,430,392

Assets$96,126,219

Income$31,278,049

Contributions$124,396

Mission work (program services)$28,095,500

Grants given$300,000

Average grant$300,000

Management and general$2,334,892

Stocks and bonds$18,899,683

Investing fees$6,256

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MORGAN MURPHYADMINISTRATOR (AS OF 3/1/2024) · 45 hrs/week $253,439Base $213,789 · Other $39,650

ELEANOR REXROADADMINISTRATIVE RN · 47 hrs/week $188,345Base $168,172 · Other $20,173

DEBORAH MALENANURSE - RN · 50 hrs/week $162,857Base $143,037 · Other $19,820

JESSICA CAMPBELLFINANCE OFFICE MANAGER · 45 hrs/week $155,454Base $120,003 · Other $35,451

EDITH TAYLORNURSE - RN · 46 hrs/week $153,829Base $135,286 · Other $18,543

JOHN DAVISMAINTENANCE DIRECTOR · 45 hrs/week $140,886Base $106,919 · Other $33,967

DONALD R KIRSCHADMINISTRATOR (UNTIL 2/29/24) · 46 hrs/week $135,339Base $130,477 · Other $4,862

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

MORGAN MURPHYADMINISTRATOR (AS OF 3/1/2024)

ELEANOR REXROADADMINISTRATIVE RN

DEBORAH MALENANURSE - RN

JESSICA CAMPBELLFINANCE OFFICE MANAGER

EDITH TAYLORNURSE - RN

JOHN DAVISMAINTENANCE DIRECTOR

DONALD R KIRSCHADMINISTRATOR (UNTIL 2/29/24)

ANN KOEGLERDIRECTOR

ELIZABETH F GATESDIRECTOR

LAWRENCE E BANDIDIRECTOR

LOUISE COULLINGDIRECTOR

MOST REV MARK E BRENNANPRESIDENT

PENN KURTZTREASURER

RANDALL FORZANODIRECTOR

REV DENNIS SCHUELKENSSECRETARY (11/2024)

REV MSGR ROBERT PETERSONSECRETARY (UNTIL 09/2024)

About this charity

Recognized since: January 1946
Location: PO BOX 630858, CINCINNATI, OH 45263-0858
County: Ohio
In care of: % FIFTH THIRD BANK NA TTEE
Primary officer: MOST REV MARK E BRENNAN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(304) 242-5233

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Human Services (P75I)
Grant-giving organization: Yes