Overview
What is Walker Senior Housing Corporation Ii?
Walker Senior Housing Corporation II, commonly known as Walker Methodist River, is a nonprofit organization situated in Minnetonka, Minnesota. Their primary mission is to provide affordable senior living for individuals aged 62 and above, offering a nurturing environment in a 45-unit community located in Anoka, Minnesota. This community is federally subsidized under the HUD 202 and Section 8 programs. Residents are encouraged to engage in social activities and charitable initiatives, fostering a sense of community. The organization's occupancy rate for the year ending December 31, 2022, was 83.8%. Walker Methodist River's mission is centered around enhancing the lives of older adults, cultivating a culture of care, respect, and service.
Official website here: www.walkermethodist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating) from Charity Navigator.
Walker Senior Housing Corporation II has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived solely from its Accountability & Finance metrics, reflecting the organization's commitment to transparency and responsible management of funds.
The charity scored exceptionally well in various categories, including a perfect score in areas such as financial statements oversight, no material asset diversion, and maintaining clear policies on conflict of interest and whistleblower protections. Furthermore, a strong program expense ratio of 78.31% suggests that a significant portion of its resources is being devoted to its mission.
While the organization demonstrates high accountability standards, the single beacon score indicates that there may be limited information on other performance areas, such as program impact or community feedback. This focus on financial metrics, although promising, may not provide a complete picture of the charity's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Senior Housing Corporation Ii legitimate?
Walker Senior Housing Corporation Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Senior Housing Corporation Ii submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,726
For more financial information, click here
Official website here: www.walkermethodist.org
What is the mission statement of Walker Senior Housing Corporation Ii?
Walker Senior Housing Corporation II has a mission to enhance the lives of older adults through a culture of care, respect, and service. This organization strives to provide affordable senior living, promoting social interaction and charitable activities within the community. Their goal is to create an environment that supports and uplifts senior residents, fostering a sense of community and well-being. The corporation's activities are aimed at improving the quality of life for older adults, ensuring they can live with dignity and respect.
Official website here: www.walkermethodist.org
Who is the CEO of Walker Senior Housing Corporation Ii?
Scott Riddle is the Secretary/Ceo of Walker Senior Housing Corporation Ii. The CEO's salary of Walker Senior Housing Corporation Ii is $0 and their total compensation is $530,049.
Official website here: www.walkermethodist.org
What is the revenue of Walker Senior Housing Corporation Ii?
Walker Senior Housing Corporation Ii's revenue in 2022 was $2,552,200.
Official website here: www.walkermethodist.org
Who are the executives of Walker Senior Housing Corporation Ii and what are their salaries?
There 1 volunteer at Walker Senior Housing Corporation Ii.
Here are 5 key members and their salaries (Walker Senior Housing Corporation Ii's CEO's salary is $0 and their total compensation is $530,049):
- Compensation: $0
- Related: $508,173
- Other: $21,876
- Compensation: $0
- Related: $289,742
- Other: $30,280
- Compensation: $0
- Related: $309,632
- Other: $29,676
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $195,351
- Other: $16,541
Official website here: www.walkermethodist.org
Where can I find the form 990 for Walker Senior Housing Corporation Ii?
Walker Senior Housing Corporation Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.walkermethodist.org
Learn more at the official website: www.walkermethodist.org
Mission Statement of Walker Senior Housing Corporation Ii
Walker Senior Housing Corporation II, also known as Walker Methodist River, is dedicated to enhancing the lives of older adults through a culture of care, respect, and service. Their primary mission is to provide affordable senior living for adults aged 62 and above in a 45-unit community. Residents of this community are offered opportunities for social interaction and charitable giving and receiving. The organization operates with a strong focus on creating an environment that values and respects its elderly residents, fostering a sense of community and enabling them to live their lives to the fullest.
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Impact
October, 2024
Walker Senior Housing Corporation II significantly enhances the quality of life for older adults by providing affordable housing solutions for those aged 62 and older in Anoka, Minnesota. Its 45-unit community serves as a vital resource, ensuring that seniors have access to safe and comfortable living arrangements.
By participating in the HUD 202, Section 8 program, the community addresses the critical need for affordable housing among low-income seniors, enabling residents to live independently while receiving support tailored to their unique needs. With an occupancy rate of 83.8% as of December 31, 2022, Walker Senior Housing ensures a vibrant community atmosphere where seniors can engage with one another, fostering strong social connections.
The organization emphasizes a culture of care, respect, and service, creating an environment that not only meets basic housing needs but also promotes overall well-being. Residents benefit from opportunities for social interaction, enhancing their emotional and mental health. In addition, the focus on charitable giving and receiving allows residents to contribute to one another's lives, further enriching the community dynamic. Through these efforts, Walker Senior Housing Corporation II plays a crucial role in enhancing the lives of older adults, promoting dignity and quality of life in their senior years.
This information is meant to be a general summary of Walker Senior Housing Corporation Ii. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,471,208
- Program Service Revenue: $76,678
- Gross Receipts: $3,581,016
Assets and Liabilities:
- Total Assets: $2,186,753
- Total Liabilities: $0
- Net Assets: $2,186,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$76,678
Organization Details
Founding Year
1985
Phone
(612) 827-8400Principal Officer
Scott Riddle
Main Address
11055 WAYZATA BLVD 200, MINNETONKA, MN, 55305
Website
www.walkermethodist.orgNTEE Category
Code: L22Z - Housing
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