Welty Home for the Aged Inc
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.
Welty Home for the Aged Inc at a glance
- Total assets
- $96,126,219
- +4.2% vs 2023
- Revenue (2024)
- $31,238,827
- -1.9% vs 2023
- Net investment income (2024)
- $623,485
- -41.4% vs 2023
- Expenses (2024)
- $30,430,392
- +2.4% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Welty Home for the Aged Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Clara Welty Testamentary Trust Wheeling, WV | General Purposes | $300,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $96,126,219 | $31,238,827 | $30,430,392 | — | — | $623,485 |
| 2023 | $92,218,686 | $31,842,397 | $29,706,480 | — | — | $1,064,001 |
| 2022 | $87,009,937 | $29,667,415 | $29,171,904 | $300,000 | 1 | $696,729 |
| 2021 | $92,531,055 | $30,371,151 | $27,689,199 | — | — | $257,805 |
| 2020 | $53,967,541 | $32,550,088 | $29,161,925 | — | — | $450,116 |
About Welty Home for the Aged Inc
Based on IRS filings
Welty Home for the Aged Inc is a public charity focused on Human Services, based in Wheeling, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96.1M in total assets. Net investment income was $623K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Welty Home for the Aged Inc is led by Most Rev Mark E. Brennan, President on every filing since 2020; 7 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Most Rev Mark E. Brennan
President
On filings since 2020
1 hr/week
No compensation reported
Randall L. Forzano
Director
Human Resource Director → Director, 2022
On filings since 2020
0.3 hrs/week
$157K (2020) → $0 (2024)
John Davis
Maintenance Director
New on the 2024 filing
45 hrs/week
$107K (2024)
Ann Koegler
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Elizabeth F. Gates
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Lawrence E. Bandi
Director
On filings since 2020
1 hr/week
No compensation reported
Louise Coulling
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Deborah A. Malena
Nurse - Rn
On filings since 2020
50 hrs/week
$161K (2020) → $143K (2024)
Donald R. Kirsch
Administrator
On filings since 2020
46 hrs/week
$343K (2020) → $130K (2024)
Edith Taylor
Nurse - Rn
On filings since 2020
46 hrs/week
$138K (2020) → $135K (2024)
Eleanor O'Connell Rexroad
Administrative Rn
Director of Nursing → Administrative Rn, 2023
On filings since 2020
47 hrs/week
$125K (2020) → $168K (2024)
Morgan Murphy
Administrator
Assistant Administrator → Administrator, 2024
On filings since 2022
45 hrs/week
$120K (2022) → $214K (2024)
Jessica Campbell
Finance Office Manager
New on the 2024 filing
45 hrs/week
$120K (2024)
Penn Kurtz
Treasurer
Director → Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Dennis Schuelkens
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Msgr Robert Peterson
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (6)
- Former: Msgr Eugene Ostrowski (2020–2023) — Secretary
- Former: Joshua Jones (2023) — Nurse - Rn
- Former: Rhonda L. Lough (2020–2022) — Administrative Rn
- Former: William J. Yaeger Jr. (2020–2021) — Treasurer
- Former: Mary Beth Yaeger (2021) — Director
- Former: Msgr Paul Huddock (2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $214K, to Morgan Murphy (Administrator (As of 3/1/2024)). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Welty Home for the Aged Inc
How large is Welty Home for the Aged Inc?
Welty Home for the Aged Inc reported $96.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $31.2M.
What is Welty Home for the Aged Inc?
Welty Home for the Aged Inc is a public charity focused on Human Services, based in Wheeling, WV. It holds $96.1M in total assets as of 2024.
Where does Welty Home for the Aged Inc operate?
Welty Home for the Aged Inc has awarded grants in West Virginia.
What is Welty Home for the Aged Inc's EIN?
Welty Home for the Aged Inc's EIN (Employer Identification Number) is 55-0362615. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- IRS filings on file for fiscal years 2020–2024
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