WALKER SENIOR HOUSING CORPORATION IX: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WALKER SENIOR HOUSING CORPORATION IX (EIN 41-1712274)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349301911
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T07:13:50-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10401 W INNOVATION DR STE 300 | AddressLine1Txt |
| City | WAUWATOSA | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411712274 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALKER SENIOR HOUSING CORPORATION IX | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WALK | BusinessNameControlTxt |
| Phone | 6128278400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11055 WAYZATA BLVD 200 | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARNIE GUGISBERG | PersonNm |
| Person Title | KNUTE NELSON CFO | PersonTitleTxt |
| Phone | 6128278400 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KRISTEN DONLEVY | PreparerPersonNm |
| PTIN | P01670215 | PTIN |
| Phone | 4144761880 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALKER METHODIST WESTWOOD RIDGE I | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SCOTT RIDDLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11055 WAYZATA BLVD 200 | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,749,588 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WALKERMETHODIST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1991 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING SENIOR LIVING & ASSISTED LIVING SERVICES IN A 127-UNIT COMMUNITY IN WEST ST PAUL, MN | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $111,091 | PYContributionsGrantsAmt |
| CY Contributions Grants | $101 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,165,056 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,503,672 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,198 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,974 | CYInvestmentIncomeAmt |
| PY Other Revenue | $230,984 | PYOtherRevenueAmt |
| CY Other Revenue | $232,841 | CYOtherRevenueAmt |
| PY Total Revenue | $4,513,329 | PYTotalRevenueAmt |
| CY Total Revenue | $4,749,588 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,970,878 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,068,886 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,887,798 | PYOtherExpensesAmt |
| CY Other Expenses | $1,830,514 | CYOtherExpensesAmt |
| PY Total Expenses | $3,858,676 | PYTotalExpensesAmt |
| CY Total Expenses | $3,899,400 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $654,653 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $850,188 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,236,978 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,385,700 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,584,528 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,864,310 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$2,347,550 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$1,478,610 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LIFE. AND ALL THE LIVING THAT GOES WITH IT. ENHANCING THE LIVES OF OLDER ADULTS THROUGH A CULTURE OF CARE, RESPECT, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,181,361 | ExpenseAmt |
| Revenue | $4,503,672 | RevenueAmt |
| Desc | PROVIDING SENIOR LIVING WITH SERVICES AND ASSISTED LIVING SERVICES IN A 127-UNIT COMMUNITY LOCATED IN WEST ST. PAUL, MINNESOTA. RESIDENTS MAY RECEIVE A VARIETY OF HEALTH SERVICES TO MEET THEIR INDIVIDUAL NEEDS AND ARE OFFERED OPPORTUNITIES FOR PHYSICAL ACTIVITY, SOCIAL INTERACTION, INTERGENERATIONAL ACTIVITIES, SPIRITIUAL EXPRESSION, CREATIVE EXPRESSION, INTELLECTUAL ADVANCEMENT, AND CHARITABLE GIVING. FOR THE YEAR ENDED DECEMBER 31, 2023 THE OCCUPANCY RATE WAS 91.41%. | Desc |
| Total Program Service Expenses | $3,181,361 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGIE SUDBECK | PersonNm |
| Phone | 3207631165 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 12TH AVE E | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56308 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| PHIL HANSON | ||||||||
| CHAIR | 0.02 | 0.23 | Yes (X) | $0 | $0 | $0 | ||
| MICK FINN | ||||||||
| VICE CHAIR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| LYNN SWON | ||||||||
| TREASURER | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| FRED SEMMER | ||||||||
| SECRETARY | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| JIM BALLENTINE | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| SUE BERGSTROM | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| BOB HAKES | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| CAROL KRAFT | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| KATE LEE | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT REDDEN | ||||||||
| DIRECTOR | 0.03 | 0.22 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT RIDDLE | ||||||||
| PRESIDENT/CEO | 4.20 | 45.80 | $0 | $450,813 | $21,688 | Yes (X) | ||
| RUSS GRUNDHAUSER | ||||||||
| CFO | 4.20 | 45.80 | $0 | $261,917 | $29,743 | Yes (X) | ||
| VERONICA BARNAS | ||||||||
| VP OF HR | 4.20 | 45.80 | $0 | $186,560 | $12,567 | Yes (X) | ||
| BEVERLY RANSFORD | ||||||||
| VP OF QUALITY | 50.00 | $0 | $190,587 | $3,159 | Yes (X) | |||
| STEPHEN WILSON | ||||||||
| VP OF OPERATIONS | 50.00 | $0 | $179,347 | $10,429 | Yes (X) | |||
| BRENDA SCHRUPP | ||||||||
| VP OF QUALITY AND CORP COMPLIANCE | 50.00 | $0 | $167,685 | $10,420 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,436,909 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $88,006 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LOVINGHANDS NURSING SERVICES LLC | |||||
| 7882 JORGENSEN AVE SO | COTTAGE GROVE | MN | 55016 | STAFFING AGENCY | $669,668 |
| SYSCO | |||||
| PO BOX 490730 | BLAINE | MN | 55449 | FOOD SUPPLIER | $578,370 |
| MERWIN LTC PHARMACY | |||||
| PO BOX 715167 | CINCINNATI | OH | 452715167 | PHARMACY | $446,640 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $101 | RelatedOrganizationsAmt |
| Total Contributions | $101 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL REVENUE | 623000 | $3,400,554 | $3,400,554 |
| OTHER RESIDENT REVENUE | 623000 | $1,103,118 | $1,103,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,503,672 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,974 | TotalRevenueColumnAmt |
| Exclusion | $12,974 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| GAIN ON DEBT EXTINGUIS | 900099 | $103,170 | $103,170 |
| MEAL REVENUE | 721000 | $72,166 | $72,166 |
| COMMUNITY FEE REVENUE | 900099 | $29,250 | $29,250 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,255 | TotalRevenueColumnAmt |
| Exclusion | $28,255 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $232,841 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,749,588 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,503,672 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $245,815 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,752,463 | TotalAmt |
| Program Services | $1,395,531 | ProgramServicesAmt |
| Management And General | $356,932 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,650 | TotalAmt |
| Program Services | $151,819 | ProgramServicesAmt |
| Management And General | $38,831 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,773 | TotalAmt |
| Program Services | $100,156 | ProgramServicesAmt |
| Management And General | $25,617 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,018 | TotalAmt |
| Management And General | $231,018 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,157 | TotalAmt |
| Program Services | $119,854 | ProgramServicesAmt |
| Management And General | $18,303 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,525 | TotalAmt |
| Management And General | $5,525 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,631 | TotalAmt |
| Program Services | $45,741 | ProgramServicesAmt |
| Management And General | $11,890 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $827,486 | TotalAmt |
| Program Services | $825,004 | ProgramServicesAmt |
| Management And General | $2,482 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $666 | TotalAmt |
| Program Services | $409 | ProgramServicesAmt |
| Management And General | $257 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $561 | TotalAmt |
| Program Services | $132 | ProgramServicesAmt |
| Management And General | $429 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,046 | TotalAmt |
| Program Services | $3,037 | ProgramServicesAmt |
| Management And General | $9 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,572 | TotalAmt |
| Program Services | $465,172 | ProgramServicesAmt |
| Management And General | $1,400 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD | $66,011 | $65,852 | $159 |
| LICENSES AND PERMITS | $13,750 | $13,750 | |
| DUES AND SUBSCRIPTIONS | $9,825 | $9,825 | |
| MISCELLANEOUS | $8,140 | $28 | $8,112 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,126 | TotalAmt |
| Program Services | $8,626 | ProgramServicesAmt |
| Management And General | -$6,500 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,899,400 | TotalAmt |
| Program Services | $3,181,361 | ProgramServicesAmt |
| Management And General | $718,039 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,205 | BOYAmt |
| EOY | $101,243 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,884 | BOYAmt |
| EOY | $32,491 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,481 | BOYAmt |
| EOY | $130,680 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,459 | BOYAmt |
| EOY | $20,406 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $12,086,083 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,643,401 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,795,450 | BOYAmt |
| EOY | $2,442,682 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,082,499 | BOYAmt |
| EOY | $8,658,198 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,236,978 | BOYAmt |
| EOY | $11,385,700 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,316 | BOYAmt |
| EOY | $540,747 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,906,553 | BOYAmt |
| EOY | $7,589,165 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,501 | BOYAmt |
| EOY | $19,575 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,095,158 | BOYAmt |
| EOY | $4,714,823 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,584,528 | BOYAmt |
| EOY | $12,864,310 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$2,386,921 | BOYAmt |
| EOY | -$1,520,264 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,371 | BOYAmt |
| EOY | $41,654 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$2,347,550 | BOYAmt |
| EOY | -$1,478,610 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,236,978 | BOYAmt |
| EOY | $11,385,700 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $850,188 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $16,469 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,283 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,465 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $210,977 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $388,569 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $111,091 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $101 | CurrentTaxYearAmt |
| Total | $720,203 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,941,411 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,795,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,915,070 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,165,056 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,503,672 | CurrentTaxYearAmt |
| Total | $20,320,339 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,950,876 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,006,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,303,639 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,276,147 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,503,773 | CurrentTaxYearAmt |
| Total | $21,040,542 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $21,040,542 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,028 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,606 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,198 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,974 | CurrentTaxYearAmt |
| Total | $46,828 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,028 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,606 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,198 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,974 | CurrentTaxYearAmt |
| Total | $46,828 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $200,879 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $222,522 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $244,488 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $230,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $129,671 | CurrentTaxYearAmt |
| Total | $1,028,544 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,166,783 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,236,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,553,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,513,329 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,646,418 | CurrentTaxYearAmt |
| Total | $22,115,914 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95140 | PublicSupportCY509Pct |
| Public Support PY509 | 0.94750 | PublicSupportPY509Pct |
| Investment Income CY | 0.00210 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00240 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MEAL REVENUE - 2019 AMOUNT: $ 104,293. 2020 AMOUNT: $ 129,093. 2021 AMOUNT: $ 140,815. 2022 AMOUNT: $ 178,337. 2023 AMOUNT: $ 72,166. MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 58,586. 2020 AMOUNT: $ 68,429. 2021 AMOUNT: $ 72,673. 2022 AMOUNT: $ 18,504. 2023 AMOUNT: $ 28,255. LAUNDRY REVENUE - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. COMMUNITY FEE - 2019 AMOUNT: $ 38,000. 2020 AMOUNT: $ 25,000. 2021 AMOUNT: $ 31,000. 2022 AMOUNT: $ 34,143. 2023 AMOUNT: $ 29,250. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $348,123 | OtherCostOrOtherBasisAmt |
| Book Value | $348,123 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,382,103 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,485,624 | DepreciationAmt |
| Book Value | $1,896,479 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,355,857 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,157,777 | DepreciationAmt |
| Book Value | $198,080 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,442,682 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM RELATED PARTY | $7,903,300 |
| BOND DEBT SERVICE RESERVE FUND | $551,462 |
| INVESTMENT IN FOUNDATION | $41,654 |
| BOND INTEREST FUND | $93,237 |
| REPLACEMENT RESERVE ESCROW | $68,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $8,658,198 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATES | Desc |
| Amt | $4,714,823 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,714,823 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | TENANT SECURITY DEPOSITS: AS A CONDITION OF OCCUPANCY, RESIDENTS OF WALKER SENIOR HOUSING CORPORATION IX ARE REQUIRED TO MAKE SECURITY DEPOSITS. THE DEPOSITS ARE REFUNDABLE UPON LEAVING; THEREFORE, THEY ARE RECORDED AS A LIABILITY ON THE BALANCE SHEET. THESE FUNDS ARE TRACKED SEPARATELY FROM THE OTHER FUNDS OF WALKER SENIOR HOUSING CORPORATION IX. |
| PART X, LINE 2: | ALL CORPORATIONS INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS, WITH THE EXCEPTION OF WECS, HAVE BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE ORGANIZATION FOLLOWS GUIDANCE REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAINTAX POSITIONS. THE ORGANIZATION INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THATWOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | Yes (1) | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (1) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCOTT RIDDLE | ||||||||||||||
| PRESIDENT/CEO | $0 | $425,423 | $0 | $16,100 | $0 | $9,290 | $0 | $5,959 | $0 | $15,729 | $0 | $472,501 | $0 | $0 |
| RUSS GRUNDHAUSER | ||||||||||||||
| CFO | $0 | $247,830 | $0 | $10,000 | $0 | $4,087 | $0 | $5,364 | $0 | $24,379 | $0 | $291,660 | $0 | $0 |
| VERONICA BARNAS | ||||||||||||||
| VP OF HR | $0 | $171,785 | $0 | $15,000 | $0 | -$225 | $0 | $3,842 | $0 | $8,725 | $0 | $199,127 | $0 | $0 |
| BEVERLY RANSFORD | ||||||||||||||
| VP OF QUALITY | $0 | $120,720 | $0 | $20,000 | $0 | $49,867 | $0 | $2,524 | $0 | $635 | $0 | $193,746 | $0 | $0 |
| STEPHEN WILSON | ||||||||||||||
| VP OF OPERATIONS | $0 | $174,044 | $0 | $3,470 | $0 | $1,833 | $0 | $9,773 | $0 | $656 | $0 | $189,776 | $0 | $0 |
| BRENDA SCHRUPP | ||||||||||||||
| VP OF QUALITY AND CORP COMPLIANCE | $0 | $158,579 | $0 | $100 | $0 | $9,006 | $0 | $3,430 | $0 | $6,990 | $0 | $178,105 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE ORGANIZATION RELIED ON WALKER SENIOR SERVICES, INC., A RELATED ORGANIZATION, WHEN SETTING REASONABLE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. WALKER SENIOR SERVICES, INC. RELIED UPON WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION SURVEYS OR STUDIES AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. |
| PART I, LINE 5 | WALKER SENIOR HOUSING CORPORATION IX'S PARENT, WALKER METHODIST, HAS AN INCENTIVE PLAN FOR THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. THE FOLLOWING IS A COPY OF THE PLAN DESCRIPTION FROM WALKER METHODIST'S 2023 FORM 990: PURPOSE: THE PURPOSE OF THE PLAN IS TO PROVIDE INCENTIVE COMPENSATION TO ITS MANAGEMENT AND PROFESSIONAL STAFF WHO MAKE SIGNIFICANT CONTRIBUTIONS TO THE ACHIEVEMENT OF BUDGETED FINANCIAL AND STRATEGIC GOALS AS ESTABLISHED BY WALKER METHODIST, INC. ELIGIBILITY: ELIGIBILITY FOR THE PLAN IS LIMITED TO REGULAR MANAGEMENT EMPLOYEES WHO RETAIN THE JOB TITLE OF CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF ADMINISTRATIVE OFFICER, VICE PRESIDENT OF OPERATIONS, VICE PRESIDENT OF HUMAN RESOURCES, EXECUTIVE DIRECTORS, DIRECTORS, CONTROLLER, DIRECTORS OF HOUSING, DIRECTOR OF SPIRITUAL CARE, CORPORATE DIRECTORS OF HUMAN RESOURCES AND EDUCATION, AND DEPARTMENT HEADS. OTHER KEY EMPLOYEES MAY BE INCLUDED IN THE PLAN AS APPROVED BY THE CHIEF EXECUTIVE OFFICER. FOR 2023, THE CHIEF EXECUTIVE OFFICER HAS APPROVED INCLUSION OF CORPORATE MANAGERS AND NURSE MANAGERS. IN ORDER TO PARTICIPATE IN THE PLAN FOR A PARTICULAR PLAN YEAR, EMPLOYEES, WHO ARE NEWLY HIRED OR PROMOTED TO AN ELIGIBLE POSITION, MUST BE EMPLOYED IN THE POSITION BY JUNE 30TH OF THAT PLAN YEAR. PLAN GOALS: THE CHIEF EXECUTIVE OFFICER HAS APPROVED THE INCLUSION OF DEPARTMENT HEADS, CORPORATE MANAGERS, AND NURSE MANAGERS IN THE PLAN. DEPARTMENT HEADS, CORPORATE MANAGERS, AND NURSE MANAGERS HAD ONLY ONE GOAL AROUND THEIR RESPECTIVE COMMUNITY'S BUDGETED OPERATING EBITDA. IN ADDITION TO MEETING THE FINANCIAL PLAN GOAL, THEY MUST HAVE BEEN CONTRIBUTING MEANINGFULLY TO THE ADVANCEMENT OF WALKER'S MISSION TO ENHANCE THE LIVES OF OLDER ADULTS THROUGH A CULTURE OF CARE, RESPECT AND SERVICE, AND HAVE OVERALL PERFORMANCE IN LINE WITH WALKER'S VALUES OF RESPECT, IMAGINATION AND COLLABORATION. IF THEIR COMMUNITY ACHIEVED AN OPERATING EBITDA GREATER THAN THE THRESHOLD LEVEL, THEY EARNED A PLAN PAYMENT OF $500. IF THEIR RESPECTIVE COMMUNITY ACHIEVED AN OPERATING EBITDA THAT IS GREATER THAN TARGET BY 3% OR MORE, THEY EARNED A PLAN PAYMENT OF $1,000. EACH DEPARTMENT HEAD, CORPORATE MANAGER, OR NURSE MANAGER WAS ELIGIBLE FOR ONLY ONE OF THE TWO PAYMENTS DESCRIBED ABOVE; PAYMENTS WERE NOT CUMULATIVE. FOR 2023, PLAN PAYMENTS TO ALL OTHER ELIGIBLE EMPLOYEES IDENTIFIED IN THE PLAN WERE EARNED BASED ON ACHIEVING AN ACTUAL EBITDA OF THE PLAN YEAR THAT FALLS WITHIN RANGE OF 93.0% - 115.0% OF BUDGETED OPERATING EBITDA. CORPORATE STAFF PARTICIPANTS HAD ONLY ONE GOAL AROUND WALKER'S BUDGETED OPERATING EBITDA. LOCATION PARTICIPANTS HAD TWO GOALS, WITH 70.0% BASED ON COMMUNITY'S BUDGETED OPERATING EBITDA ACHIEVEMENT AND 30.0% ON CONSOLIDATED ACHIEVEMENT. BOTH THE COMMUNITY AND THE CONSOLIDATED THRESHOLDS MUST HAVE BEEN MET IN ORDER FOR THE LOCATION PARTICIPANTS TO RECEIVE ANY PAYMENT UNDER THIS PLAN, EXCEPT AS OTHERWISE EXPLICITLY SET FORTH IN THE PLAN AGREEMENT. IF A COMMUNITY ACHIEVED OPERATING EBITDA GREATER THAN THE THRESHOLD LEVEL AND WALKER ACHIEVED AN OPERATING EBITDA OF THRESHOLD LEVEL OR GREATER, AFTER TAKING INTO CONSIDERATION THE INCENTIVE PLAN EXPENSES, THE LOCATION PARTICIPANTS EARNED THE VARIABLE PAYOUT AS CALCULATED UNDER THE PLAN. IF A COMMUNITY ACHIEVED AN OPERATING EBITDA OF THRESHOLD LEVEL OR GREATER AND WALKER DID NOT MEET THE THRESHOLD LEVEL, THE DIRECTOR OF THE COMMUNITY RECEIVED 50% OF THE PORTION OF THE ELIGIBLE VARIABLE PAYOUT ATTRIBUTABLE TO THE COMMUNITY'S BUDGETED OPERATING EBITDA ACHIEVEMENT (50% OF THE 70%). WALKER RESERVES THE RIGHT TO CHANGE THE EBITDA TO REFLECT CHANGES IN THE CURRENT BUSINESS PORTFOLIO. CHANGES ARE COMMUNICATED TO PARTICIPANTS. |
| PART I, LINE 6 | SEE THE NARRATIVE IN SCHEDULE J, PART III, RELATED TO PART I, LINE 5. THE BONUSES ARE BASED ON EBITDA (EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION), WHICH IS CLOSELY RELATED TO BOTH REVENUES AND NET EARNINGS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF WEST ST PAUL MN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 416005639 | BondIssuerEIN |
| CUSIP | 95568PAQ1 | CUSIPNum |
| Bond Issued | 2017-11-21 | BondIssuedDt |
| Issue Price | $9,809,878 | IssuePriceAmt |
| Purpose | REFINANCE SERIES 2011 BONDS / FACILITY IMPROVEMENTS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $811,800 | RetiredAmt |
| Total Proceeds | $9,809,878 | TotalProceedsAmt |
| In Reserve Fund | $100,938 | InReserveFundAmt |
| Refunding Escrow | $6,184,867 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $192,647 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $3,331,426 | CapitalExpendituresAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE CHAIR, PRESIDENT/CEO, IMMEDIATE PAST CHAIR, SECRETARY, TREASURER, AND TWO OTHER CURRENT BOARD MEMBERS. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITEE MAY NOT TAKE ACTION WITH RESPECT TO ACQUISITION, DISPOSITION, FINANCING OR REFINANCING OF REAL PROPERTY, WITH RESPECT TO THE EMPLOYMENT OF A PRESIDENT/CEO, OR WITH RESPECT TO AMENDMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS; PROVIDED THAT IN ANY SUCH ACTION, THE EXECUTIVE COMMITTEE SHALL NOT CONTRAVENE ANY ACTION OR POLICY ADOPTED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 3 | WALKER SENIOR SERVICES, INC., A RELATED ENTITY, WAS ENGAGED TO MANAGE THE ENTITY'S OPERATIONS. RESPONSIBILITIES INCLUDED SUPERVISION OF THE ORGANIZATION'S DAILY OPERATING ACTIVITIES AND STAFF, ENSURING REGULATORY COMPLIANCE, AND PREPARATION OF ANNUAL BUDGETS FOR THE GOVERNING BODY'S APPROVAL. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE BOARD OF DIRECTORS OF WALKER METHODIST (A/K/A "WALKER METHODIST OF MINNESOTA OR "WMI OF MINNESOTA"), A NONPROFIT CORPORATION, ARE THE MEMBERS OF WALKER SENIOR HOUSING CORPORATION IX. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS, WITH THE EXCEPTION OF THE PRESIDENT/CEO, SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS AT EACH ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING ACTIONS, ONCE APPROVED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION, MUST BE APPROVED BY THE VOTE OF A MAJORITY OF THE MEMBERS: A) AMENDMENT OF THE BYLAWS OF THE ORGANIZATION. B) ELECTION OR REPLACEMENT OF A MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION. C) PURCHASE OR SALE OF A FACILITY OWNED BY THE ORGANIZATION. D) CREATION OR REFINANCING OF ANY DEBT OR OTHER OBLIGATION OF THE CORPORATION IN EXCESS OF $1,000,000. E) APPROVAL OF ANNUAL OPERATING AND CAPITAL BUDGETS FOR ANY FACILITY OWNED BY THE ORGANIZATION WITH TOTAL PROJECTED REVENUES EXCEEDING $500,000 IN ANY GIVEN YEAR. IN ADDITION TO THE ABOVE, THE FOLLOWING ACTIONS MUST BE APPROVED BY AN AFFIRMATIVE VOTE OF 75% OF THE MEMBERS: A) MERGER, DISSOLVEMENT, OR CONSOLIDATION INTO OR WITH ANY OTHER QUALIFIED FOREIGN OR DOMESTIC NONPROFIT CORPORATION, OR SELL, LEASE, EXCHANGE OR OTHERWISE DISPOSE OF ALL OR SUBSTANTIALLY ALL OF ITS PROPERTY AND ASSETS. B) REMOVAL OF BOARD OF DIRECTORS. C) AMENDMENT TO THE ARTICLES OF INCORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE MANAGEMENT OF THE ORGANIZATION REVIEWED THE FORM 990 IN DETAIL, WHICH WAS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION DOES REQUIRE MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND BOARD PRESIDENT REVIEW AND MONITOR THE CONFLICT OF INTEREST DISCLOSURES. IF AN INDIVIDUAL HAS A CONFLICT, THE INDIVIDUAL IS NOT ALLOWED TO PARTICIPATE IN DISCUSSIONS OR VOTE ON THE ISSUE. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST, WALKER SENIOR HOUSING CORPORATION IX'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE REVIEWED AT THE ORGANIZATION'S OFFICE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN INVESTMENT IN FOUNDATION 2,283. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WALKER METHODIST | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411916102 | HOUSING & ASSISTED LIVING FOR SENIORS | MN | 501(C)(3) | LINE 10 | N/A | 0 | |
| WALKER SENIOR SERVICES INC | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411661531 | MANAGEMENT SERVICES | MN | 501(C)(3) | LINE 12A, I | 0 | WALKER METHODIST | |
| WALKER METHODIST FOUNDATION | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411383932 | CHARITABL CONTRIBUTION SOLICITATION | MN | 501(C)(3) | LINE 12A, I | 0 | WALKER METHODIST | |
| WALKER METHODIST HEALTH CENTER INC | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 410706131 | LONG-TERM CARE SERVICES | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER RESIDENCE INC | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411443583 | HOUSING & ASSISTED LIVING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER ASSISTED LIVING CORPORATION I | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411673628 | ASSISTED LIVING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER SENIOR HOUSING CORPORATION I | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411454048 | SUBSIDIZED HOUSING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER SENIOR HOUSING CORPORATION II | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 363363881 | SUBSIDIZED HOUSING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER SENIOR HOUSING CORPORATION III | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411633928 | HOUSING & ASSISTED LIVING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER SENIOR HOUSING CORPORATION IV | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 363508677 | HOUSING & ASSISTED LIVING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER SENIOR HOUSING CORPORATION X | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411735191 | SUBSIDIZED HOUSING FOR SENIORS | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
| WALKER COMMUNITY SERVICES INC | |||||||||||
| 11055 WAYZATA BLVD SUITE 200 | MINNETONKA | MN | 55305 | 411706874 | HOME SERVICES | MN | 501(C)(3) | LINE 10 | 0 | WALKER METHODIST | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALKER ELDERCARE SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11055 WAYZATA BLVD SUITE 200 | AddressLine1Txt |
| City | MINNETONKA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411984385 | EIN |
| Primary Activities | MANAGEMENT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |