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Published on 5/20/2015 in the Prospect News Distressed Debt Daily.

Epworth Villa reports $44,622 April net loss; operating revenue down

By Caroline Salls

Pittsburgh, May 20 – Central Oklahoma United Methodist Retirement Facility, Inc., which does business as Epworth Villa, reported a $44,622 net loss for April on operating revenue of $1.87 million, according to its monthly operating report filed May 20 with the U.S. Bankruptcy Court for the Western District of Oklahoma.

In March, Epworth posted a $26,844 net loss on operating revenue of $1.92 million.

The company also reported cash and cash equivalents of $2.39 million as of April 30, up from $2.35 million at the end of March.

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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