WESTMORELAND APARTMENTS INC

EIN: 010607464 501(c)(3) Housing & Shelter

HUNTINGTON, WV

Total Revenue
$127,755
Total Expenses
$197,064
Total Assets
$1,746,551
Net Assets
$1,731,698
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
WV
Principal Officer
BRANDI WILES-DAVIS
Phone
3044290070
Tax Period
2024-10-01 to 2025-09-30

WESTMORELAND APARTMENTS INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $128K in total revenue in fiscal year 2024. Expenses of $197K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO PROVIDE HOUSING TO THE ELDERLY LOW INCOME POPULATION OF WAYNE COUNTY, WEST VIRGINIA THROUGH A 20 UNIT APARTMENT PROJECT WHICH IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT & REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENT AGREEMENTS WITH HUD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $86,179
Program Service Revenue $41,514
Investment Income $62
Other Revenue $0
TOTAL REVENUE $127,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,883
Fundraising Expenses $0
Program Expenses $152,955
Other Expenses $178,181
TOTAL EXPENSES $197,064

Year-over-Year Comparison

2024 2023 Change
Revenue $127,755 $129,749 0.0%
Expenses $197,064 $212,683 -0.1%
Net Income $-69,309 $-82,934 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDI WILES-DAVIS PRESIDENT N/A
Officer Director
$0 $0 $0
MATTHEW ROHRBACH VICE PRESIDE N/A
Officer Director
$0 $0 $0
ROBERT THOMPSON SECRETARY N/A
Officer Director
$0 $0 $0
JEFF MADDOX TREASURER N/A
Officer Director
$0 $0 $0
TODD ALEXANDER DIRECTOR N/A
Director
$0 $0 $0
TOM GIBSON DIRECTOR N/A
Director
$0 $0 $0
KENNETH HICKS DIRECTOR N/A
Director
$0 $0 $0
DINAH LEDBETTER DIRECTOR N/A
Director
$0 $0 $0
HOMER NEW DIRECTOR N/A
Director
$0 $0 $0
DARRELL PRATT DIRECTOR N/A
Director
$0 $0 $0
DEBRA STEPHENS DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $127,755 $197,064 $1,746,551 $-69,309
2024 $129,749 $212,683 $1,825,167 $-82,934
2023 $135,490 $213,477 $1,899,666 $-77,987
2022 $132,397 $206,345 $1,980,200 $-73,948
2021 $139,912 $227,385 $2,043,397 $-87,473
2020 $144,007 $192,728 $2,132,475 $-48,721
2019 $120,449 $172,065 $2,188,734 $-51,616
2018 $96,024 $183,910 $2,259,635 $-87,886
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