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Published on 3/19/2015 in the Prospect News Distressed Debt Daily.

Epworth Villa shows steady February operating revenue of $1.84 million

By Kali Hays

New York, March 19 – Central Oklahoma United Methodist Retirement Facility, Inc., which does business as Epworth Villa, reported operating revenue of $1.84 million for February and $173,331 in net income, according to its monthly operating report filed March 19 with the U.S. Bankruptcy Court for the Western District of Oklahoma.

In January, Epworth reported operating revenue of $1.83 million on a net loss of $161,566.

The company also posted cash and cash equivalents of $2.08 million at Feb. 28, down slightly from $2.42 million at the end of January.

Epworth Villa, an assisted living facility in Oklahoma City, filed for bankruptcy on July 18, 2014. The Chapter 11 case number is 14-12995.


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