Overview
What is Walker Assisted Living Corporation I?
Walker Assisted Living Corporation I, established in 1945, is a faith-based organization dedicated to catering to the needs of seniors. Based in Edina, Minnesota, they offer a 72-unit building that provides assisted living services. Walker Methodist's mission encompasses more than just housing; they also offer healthcare, rehabilitation, and supportive services to seniors and their caregivers. This nonprofit organization's mission aligns with its long-standing history of serving older adults, ensuring they maintain a high quality of life.
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.
Walker Assisted Living Corporation I has received an 81% score, indicating a solid performance primarily based on its accountability and financial practices. The organization demonstrates a high level of governance, with 91% of its board members being independent, which supports effective oversight and decision-making.
The financial management of the nonprofit is commendable, as evidenced by its program expense ratio of 85.60%, indicating that a significant portion of its funds is directed towards its programs. Additionally, the organization has established robust policies for conflict of interest, whistleblower protections, and document retention, ensuring transparency and ethical operations.
However, while the financial health appears strong, the data does reflect considerable salaries for key personnel, which may raise questions among some stakeholders about compensation relative to the nonprofit sector standards. Overall, Walker Assisted Living Corporation I is well-regarded for its accountability and financial practices, although attention to executive compensation may be warranted.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Assisted Living Corporation I legitimate?
Walker Assisted Living Corporation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Assisted Living Corporation I 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: $4,085,617
For more financial information, click here
Official website here: www.walkermethodist.org
What is the mission statement of Walker Assisted Living Corporation I?
Walker Assisted Living Corporation I, as a part of Walker Methodist, is a faith-based organization that has been serving seniors and their support systems since 1945. Their mission is to offer housing, healthcare, rehabilitation, and various services to the elderly. The organization is committed to providing a comprehensive approach to senior living, aiming to enhance the quality of life for its residents. Walker Methodist prioritizes support for seniors, striving to cater to their diverse needs and foster a sense of community among them.
Official website here: www.walkermethodist.org
Who is the CEO of Walker Assisted Living Corporation I?
Scott Riddle is the President/Ceo of Walker Assisted Living Corporation I. The CEO's salary of Walker Assisted Living Corporation I is $0 and their total compensation is $530,049.
Official website here: www.walkermethodist.org
What is the revenue of Walker Assisted Living Corporation I?
Walker Assisted Living Corporation I's revenue in 2022 was $6,669,505.
Official website here: www.walkermethodist.org
Who are the executives of Walker Assisted Living Corporation I and what are their salaries?
There 10 volunteers at Walker Assisted Living Corporation I.
Here are 15 key members and their salaries (Walker Assisted Living Corporation I'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
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $289,742
- Other: $30,280
- Compensation: $0
- Related: $309,632
- Other: $29,676
- Compensation: $0
- Related: $195,351
- Other: $16,541
Official website here: www.walkermethodist.org
Where can I find the form 990 for Walker Assisted Living Corporation I?
Walker Assisted Living Corporation I'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 Assisted Living Corporation I
Walker Assisted Living Corporation I, established in 1945, is a faith-based organization dedicated to serving the needs of older adults. This nonprofit entity specializes in providing a comprehensive range of services, including housing, healthcare, rehabilitation, and support for seniors and their caregivers. Their mission is to create an environment where seniors can live comfortably and with dignity, ensuring they receive the care they need to maintain their quality of life. Walker Methodist, as the organization is known, is committed to upholding its values and helping older adults navigate their later years with confidence and independence.
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Impact
July, 2024
Walker Assisted Living Corporation I's impact can be seen in the crucial services it provides to seniors in a 72-unit building located in Edina, MN. As a part of Walker Methodist, a faith-based senior living organization with a history dating back to 1945, this corporation plays a significant role in offering housing, healthcare, rehabilitation, and services to older adults and their caregivers. Through its dedicated efforts in providing assisted living services, Walker Assisted Living Corporation I positively impacts the lives of seniors by ensuring they have access to necessary support and care in a comfortable and respectful environment.
This information is meant to be a general summary of Walker Assisted Living Corporation I. 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: $4,446
- Program Service Revenue: $6,214,229
- Gross Receipts: $6,669,505
Assets and Liabilities:
- Total Assets: $6,476,289
- Total Liabilities: $7,994,331
- Net Assets: -$1,518,042
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$6,214,229
Organization Details
Founding Year
1990
Phone
(612) 827-8400Principal Officer
Scott Riddle
Main Address
11055 WAYZATA BLVD 200, MINNETONKA, MN, 55305
Website
www.walkermethodist.orgNTEE Category
Code: L82Z - Housing
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