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Filing year 2024

WELTY HOME FOR THE AGED INC

Wheeling, West Virginia·EIN 55-0362615·NTEE P75I · Human Services·501(c)(3)
Total revenue
$31.2M
Total assets
$96.1M
Total expenses
$30.4M
Reported officers
16
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.

Administrator (as of 3/1/2024)
Officer (Unspecified)
$253k
$269k
Base
$196k
Bonus
$18k
Other
Benefits
$29k
Administrative RN
Highest Compensated Employee
75th to 90th percentile
$188k
$200k
Base
$153k
Bonus
$15k
Other
Benefits
$12k
Nurse - RN
Highest Compensated Employee
Median to 75th percentile
$163k
$173k
Base
$143k
Bonus
$331
Other
Benefits
$11k
Finance Office Manager
Office Manager
Above 90th percentile
$155k
$165k
Base
$105k
Bonus
$15k
Other
Benefits
$29k
Nurse - RN
Highest Compensated Employee
Median to 75th percentile
$154k
$163k
Base
$135k
Bonus
$334
Other
Benefits
$11k
Maintenance Director
Highest Compensated Employee
25th percentile to median
$141k
$149k
Administrator (until 2/29/24)
Officer (Unspecified)
$135k
$144k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WELTY HOME FOR THE AGED INC equaled 0.8% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
0.8%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 37%
from 2023

From $403k in 2023 to $253k in 2024.

$403k
2023
$253k
2024
In today's dollarsEst.
Down 39% in real terms$440k to $269k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 4% from 2023 to 2024, while revenue fell 2%.

$197k in 2023 to $188k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WELTY HOME FOR THE AGED INC

What does the Highest Compensated Employee of WELTY HOME FOR THE AGED INC earn?

In 2024, the Highest Compensated Employee of WELTY HOME FOR THE AGED INC received $188,345 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Human Services organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at WELTY HOME FOR THE AGED INC compare with similar nonprofits?

Compared with the same role at Human Services organizations nationwide, the 2024 pay of the Highest Compensated Employee at WELTY HOME FOR THE AGED INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at WELTY HOME FOR THE AGED INC equaled 0.8% of the organization's total expenses. The median for human services organizations is 8%.

What are WELTY HOME FOR THE AGED INC's revenue and expenses?

In 2024, WELTY HOME FOR THE AGED INC reported $31.2M in total revenue and $30.4M in total expenses on its IRS Form 990.

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