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February 15, 2013

NAPWA Ceases Operations, Files for Bankruptcy

The National Association of People With AIDS (NAPWA) “has ceased operations and has filed a petition in United States Bankruptcy Court to discharge its debts in bankruptcy and liquidate,” according to a NAPWA statement signed by board chair Tyler TerMeer. Creditors are owed more than $750,000, and as much as $700,000 is either missing or unaccounted for, the Washington Blade reports. NAPWA’s landlord is owed $75,000, according to the Chapter 7 bankruptcy filing. The District of Columbia HIV/AIDS, Hepatitis and Sexually Transmitted Disease Administration is owed $54,000. Many former employees are also listed as creditors. An unnamed source told the Blade that the NAPWA board asked the Montgomery County State’s Attorney’s Office to investigate the unaccounted funds, but a spokesperson would neither confirm nor deny an investigation was under way. Last October, NAPWA president and CEO Frank Oldham announced his resignation. He was supposed to leave his position effective December 31, but left in November. Soon after, several senior positions were eliminated. The NAPWA statement does not explain why the organization failed. NAPWA was founded in 1983.

To read the NAPWA statement, click here.

To read the Blade article, click here.

To read community reactions, click here.

Search: National Association of People With AIDS, NAPWA, bankruptcy, Tyler TerMeer, Frank Oldham

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  comments 1 - 1 (of 1 total)    

Frederick Wright, Coachelle Valley, 2013-02-15 13:47:05
What a good run and good job, however without a vision for the people organization die. It is time to leave the depression and pain of AIDS and move into a new life of PEOPLE with HIV that are living, not to forget the past of AIDS; a new vision of healing and a Cure. I not sure if I am sad for clearly the writing was on the wall that AIDS in a name has nothing to do with people any more, for it is a Big Brand and If RX companies cannot get leverage from groups, then no funding,it is the DC way

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