NEW HANOVER COUNTY, NC (WECT) - Yahweh Center Children's Village has more than $2.4 million in liabilities, according to paperwork filed recently in US Bankruptcy Court.
The charitable organization is working through a Chapter 11 bankruptcy filing in the Eastern District of North Carolina. Chapter 11 typically involves a restructuring of the organization, while staying open.
In a statement on the Yahweh Center website, leaders say the organization is not closing by Aug. 31, which was previously reported by this news organization. The website indicates that was inaccurate reporting.
An official from Trillium Health Resources said six children were affected and the department has already found new placements for them.
The center, which has served abused or neglected children since 1988, has been battling financial problems for years. The paperwork filed in the Eastern District sheds some light on the money owed by the group.
The biggest claim is from the IRS with more than $1 million in unpaid taxes, penalties and interest. Modular Solutions, Inc., is owed nearly $28,000 for a building and installation. Other creditors making claims include O'Brien Service Co, First Insurance Funding and Carolina Complete Psychiatry..Several individuals are also listed as making claims ranging from several hundred to several thousand dollars.
In its bankruptcy filing, Yahweh lists just under $1.9 million in assets.
While working through the reorganization plan, an attorney for Yahweh filed paperwork Tuesday requesting that Founder and Executive Director Carla Roberts remain employed by the facility at a gross weekly salary of $1,352.02.