Overview
What is Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)?
Clara Welty Testamentary Trust, serving as a beneficiary for Welty Home for the Aged Inc., is a nonprofit entity located at 159 Edgington Lane, Wheeling, West Virginia. Its primary objective is to provide care and comfort to the elderly, either directly or by supporting Welty Home for the Aged Inc. and its subsidiaries. In 2022, the trust granted the corporation the free use of facilities with an annual rental value of $1,629,024. This support allows the organization to continue its mission to enhance the lives of the elderly, offering them comfort and care.
Official website here: www.weltyhome.org
Is Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary) legitimate?
Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.weltyhome.org
What is the mission statement of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)?
The Clara Welty Testamentary Trust, serving as a beneficiary for the Welty Home For The Aged Inc., is committed to providing care and comfort to the elderly. This is achieved through supporting the operations of the Welty Home and its subsidiaries, as well as offering direct care and comfort to the elderly population themselves. The trust's mission is to utilize its investments and facilities for the betterment of Welty Home for the Aged, Inc., demonstrating a dedication to improving the lives of the elderly community. In 2022, the trust granted the corporation the free use of facilities with an annual rental value of $1,629,024.
Official website here: www.weltyhome.org
Who is the CEO of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)?
Donald R Kirsch is the Administrator of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary).
Official website here: www.weltyhome.org
What is the revenue of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)?
Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)'s revenue in 2022 was $1,644,541.
Official website here: www.weltyhome.org
Who are the executives of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary) and what are their salaries?
There 4 volunteers at Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary).
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $370,192
- Other: $43,431
Official website here: www.weltyhome.org
Where can I find the form 990 for Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)?
Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weltyhome.org
Learn more at the official website: www.weltyhome.org
Mission Statement of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary)
The Clara Welty Testamentary Trust, with a focus on the well-being of the elderly, fulfills its mission by supporting Welty Home for the Aged, Inc., its subsidiaries, and directly providing care and comfort to the elderly. This charitable trust aims to enhance the living conditions and overall wellness of the elderly population by investing in necessary facilities and resources. In 2022, the trust granted Welty Home for the Aged, Inc. the free use of facilities, contributing an annual rental value of $1,629,024, further demonstrating its commitment to providing the elderly with a comfortable living environment.
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Impact
October, 2024
The Clara Welty Testamentary Trust plays a significant role in enhancing the quality of life for the elderly by providing substantial support to the Welty Home for the Aged, Inc. This trust focuses on ensuring that elderly residents receive care and comfort through various means, including direct support and the maintenance of facilities.
In 2022, the impact of the trust was notable, as it offered the Welty Home the free use of facilities valued at $1,629,024 annually. This arrangement not only alleviates financial burdens but also enhances the resources available for caring for seniors. By owning investments and facilities that benefit the Welty Home and its subsidiaries, the trust secures ongoing care for the elderly, ensuring their needs are met with dignity and respect.
The mission to provide direct care and comfort underscores the trust's commitment to enhancing the lives of elderly individuals within the community. Through its strategic support, the Clara Welty Testamentary Trust fosters a stable environment where seniors can receive the necessary assistance, promoting well-being and enriching their lives.
This information is meant to be a general summary of Clara Welty Testamentary Trust (Welty Home For The Aged Inc Beneficiary). Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,144,541
- Gross Receipts: $1,644,541
Assets and Liabilities:
- Total Assets: $37,566,446
- Total Liabilities: $3,749,974
- Net Assets: $33,816,472
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Organization Details
Founding Year
1960
Phone
(304) 242-5233Principal Officer
Donald R Kirsch
Main Address
159 EDGINGTON LANE, WHEELING, WV, 26003
Website
www.weltyhome.orgNTEE Category
Code: P11 - Human services
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