Overview
What is Walker Senior Housing Corporation Iii?
Walker Senior Housing Corporation III is a nonprofit organization situated in Minnetonka, Minnesota, specifically at 11055 Wayzata Blvd 200. Their primary mission is to provide senior living with services and assisted living services within a 103-unit community located in Anoka, Minnesota. The organization is committed to enhancing the lives of older adults, offering a range of health services tailored to individual needs. Residents can engage in various activities such as physical exercise, social interaction, intergenerational activities, spiritual expression, creative expression, intellectual advancement, and charitable giving. During the year ending December 31, 2022, the community had an occupancy rate of 95.3%.
Official website here: www.walkermethodist.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Walker Senior Housing Corporation III has received a Three-Star rating from Charity Navigator, indicating a fairly strong performance in terms of accountability and finance. The organization has achieved a high score in various metrics, particularly in ensuring an independent board and maintaining solid financial oversight, which reflects a commitment to transparent operations.
The nonprofit boasts a majority of independent board members and a well-structured audit and oversight committee, demonstrating effective governance. Additionally, the organization's program expense ratio is commendable at 79.23%, suggesting that a significant portion of its resources is directed toward its mission-related activities. The presence of various policies, including conflict of interest and whistleblower policies, further underscores its accountability.
However, while the financial management appears robust, the salaries of key personnel are notably high, which could be a concern for some donors. This aspect invites scrutiny regarding compensation relative to the organization's overall budget and service delivery efficiency. Overall, Walker Senior Housing Corporation III presents itself as a responsible steward of funds, but potential supporters may wish to consider executive compensation in their evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Senior Housing Corporation Iii legitimate?
Walker Senior Housing Corporation Iii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Senior Housing Corporation Iii 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: $818,002
For more financial information, click here
Official website here: www.walkermethodist.org
What is the mission statement of Walker Senior Housing Corporation Iii?
Walker Senior Housing Corporation III is committed to enhancing the lives of older adults by fostering a culture of care, respect, and service. Their mission is to improve the living experience of seniors, offering a variety of health services to cater to individual needs. Residents are presented with opportunities for physical activity, social interaction, intergenerational activities, spiritual expression, creative expression, intellectual advancement, and charitable giving. The corporation strives to create an environment that enriches the lives of the elderly, supporting their overall well-being and quality of life.
Official website here: www.walkermethodist.org
Who is the CEO of Walker Senior Housing Corporation Iii?
Scott Riddle is the President/Ceo of Walker Senior Housing Corporation Iii. The CEO's salary of Walker Senior Housing Corporation Iii is $0 and their total compensation is $530,049.
Official website here: www.walkermethodist.org
What is the revenue of Walker Senior Housing Corporation Iii?
Walker Senior Housing Corporation Iii's revenue in 2022 was $3,250,660.
Official website here: www.walkermethodist.org
Who are the executives of Walker Senior Housing Corporation Iii and what are their salaries?
There 11 volunteers at Walker Senior Housing Corporation Iii.
Here are 18 key members and their salaries (Walker Senior Housing Corporation Iii's CEO's salary is $0 and their total compensation is $530,049):
- Compensation: $0
- Related: $508,173
- Other: $21,876
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $195,351
- Other: $16,541
- Compensation: $0
- Related: $289,742
- Other: $30,280
- Compensation: $0
- Related: $309,632
- Other: $29,676
Official website here: www.walkermethodist.org
Where can I find the form 990 for Walker Senior Housing Corporation Iii?
Walker Senior Housing Corporation Iii'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 Iii
Walker Senior Housing Corporation III is dedicated to enhancing the lives of older adults through a culture of care, respect, and service. Their mission is to provide senior living with assisted living services in a nurturing environment, where residents can receive a variety of health services tailored to their individual needs. This organization strives to offer opportunities for physical activity, social interaction, intergenerational activities, spiritual expression, creative expression, intellectual advancement, and charitable giving, enabling senior citizens to live a fulfilling life. The focus on care, respect, and service is central to Walker Senior Housing Corporation III's mission, aiming to improve the well-being and quality of life for older adults.
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Impact
July, 2024
Walker Senior Housing Corporation III's impact lies in enhancing the lives of older adults by providing senior living with services and assisted living in a 103-unit community located in Anoka, Minnesota. Residents at Walker Senior Housing Corporation III receive a variety of health services tailored to their individual needs and are offered opportunities for physical activity, social interaction, intergenerational activities, spiritual expression, creative expression, intellectual advancement, and charitable giving. With a high occupancy rate of 95.3% as of December 31, 2022, this organization plays a crucial role in meeting the needs of seniors in the Anoka area and creating a culture of care, respect, and service for older adults.
This information is meant to be a general summary of Walker Senior Housing Corporation Iii. 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: $3,881
- Program Service Revenue: $3,193,319
- Gross Receipts: $3,250,660
Assets and Liabilities:
- Total Assets: $7,557,562
- Total Liabilities: $10,420,764
- Net Assets: -$2,863,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$3,193,319
Organization Details
Founding Year
1988
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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