Overview
What is Walker Methodist?
Walker Methodist is a Minnetonka, Minnesota-based nonprofit organization that focuses on enhancing the lives of older adults. They offer a range of services, including managing housing communities, providing rehabilitation services, and operating sub-acute transitional care centers. Their mission revolves around care, respect, and service, enabling older adults to recover from hospitalizations or surgeries and return home. With a workforce of 247 employees, Walker Methodist is dedicated to enriching the experiences of older adults through lifestyle, housing, and healthcare solutions.
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 Methodist has earned a commendable Three-Star rating, reflecting a solid accountability and finance score of 81%. The organization demonstrates a strong governance structure with 91% of its board members being independent, ensuring that decision-making is likely free from conflicts of interest. Additionally, the charity has received full points for its audit and oversight processes, indicating thorough financial management.
The nonprofit excels in its program expense ratio, allocating nearly 88% of its resources directly to programs, which highlights its commitment to fulfilling its mission. The presence of comprehensive policies, including those on conflicts of interest and whistleblowing, further reinforces its operational integrity. However, there are notable salaries for key personnel, with the president and CEO earning over $500,000, which may raise questions about compensation practices within the organization.
While Walker Methodist has strong financial practices and transparency measures, potential donors might want to consider the implications of its executive compensation in relation to the overall organizational budget. Overall, the nonprofit appears to be effectively utilizing its resources to achieve its goals, though attention to leadership salaries could enhance public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Methodist legitimate?
Walker Methodist is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Methodist 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: $13,158,213
For more financial information, click here
Official website here: www.walkermethodist.org
What is the mission statement of Walker Methodist?
Walker Methodist is dedicated to enhancing the lives of older adults through a culture of care, respect, and service. They specialize in providing lifestyle, housing, and healthcare services for this demographic. Their offerings include managing housing communities, offering rehabilitation services, and operating leading sub-acute transitional care centers. These centers assist older adults in recovering from hospitalizations or surgeries, enabling them to return home. Walker Methodist's mission is to make a meaningful difference in the lives of older adults by providing comprehensive care and support.
Official website here: www.walkermethodist.org
Who is the CEO of Walker Methodist?
Scott Riddle is the President/Ceo of Walker Methodist. The CEO's salary of Walker Methodist is $0 and their total compensation is $530,049.
Official website here: www.walkermethodist.org
What is the revenue of Walker Methodist?
Walker Methodist's revenue in 2022 was $28,651,169.
Official website here: www.walkermethodist.org
Who are the executives of Walker Methodist and what are their salaries?
The average compensation at Walker Methodist during 2022 was $53,272. There are 247 employees and 11 volunteers at Walker Methodist.
Here are 21 key members and their salaries (Walker Methodist'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: $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
- Compensation: $107,139
- Related: $0
- Other: $2,189
- Compensation: $103,062
- Related: $0
- Other: $9,490
- Compensation: $130,949
- Related: $0
- Other: $11,554
Official website here: www.walkermethodist.org
Where can I find the form 990 for Walker Methodist?
Walker Methodist'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 Methodist
Walker Methodist is a leading organization dedicated to enhancing the lives of older adults through a culture of care, respect, and service. By specializing in lifestyle, housing, and healthcare services for older adults, Walker Methodist aims to make a positive difference in their daily lives.
The mission of Walker Methodist is multifaceted. They own, operate, and manage housing communities, providing a safe and comfortable environment for older adults. Their housing services are designed to promote independence and offer peace of mind to both residents and their families. In addition, Walker Methodist provides rehabilitation services to help older adults recover from illnesses or surgeries, enabling them to return home with renewed vigor and confidence.
Moreover, Walker Methodist operates leading sub-acute transitional care centers. These centers play a crucial role in helping older adults recover from hospitalizations, ensuring they receive the necessary care and attention during their recovery process. Walker Methodist's commitment to older adults goes beyond just providing healthcare services. Their team of caring professionals is dedicated to treating each individual with respect and dignity, fostering a culture of compassion and empathy within their organization.
In summary, Walker Methodist is a compassionate organization that focuses on improving the lives of older adults through comprehensive lifestyle, housing, and healthcare services. They provide a range of offerings, from managing housing communities to operating sub-acute transitional care centers, all tailored to meet the unique needs of older adults. Their mission is centered around care, respect, and service, creating an environment where older adults can live their best lives with dignity and independence.
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Impact
October, 2024
Walker Methodist significantly enhances the lives of older adults through a comprehensive array of lifestyle, housing, and healthcare services. By owning, operating, and managing multiple housing communities, they create supportive environments tailored to the needs of seniors. Their specialized rehabilitation services and leading sub-acute transitional care centers facilitate recovery for individuals after hospitalizations or surgeries, ensuring that they can return home effectively and safely. The organization fosters a culture centered on care, respect, and service, making a meaningful impact on the quality of life for older adults in Minnetonka, MN, and beyond.
This information is meant to be a general summary of Walker Methodist. 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: $46,492
- Program Service Revenue: $27,457,813
- Gross Receipts: $28,651,169
Assets and Liabilities:
- Total Assets: $76,589,463
- Total Liabilities: $95,436,678
- Net Assets: -$18,847,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$17,048,995
RESIDENT RENTAL INCOME
Revenue
$10,408,818
Organization Details
Founding Year
1986
Phone
(612) 827-8400Principal Officer
Scott Riddle
Main Address
11055 WAYZATA BLVD 200, MINNETONKA, MN, 55305
Website
www.walkermethodist.orgNTEE Category
Code: E91 - Health
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