WALNUT HILLS RETIREMENT COMMUNITIES INC

EIN: 351317338 501(c)(3)

WALNUT CREEK, OH

Total Revenue
$9,519,746
Total Expenses
$11,612,215
Total Assets
$14,494,506
Net Assets
$-4,481,657
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IN
Phone
3308933200
Tax Period
2024-07-01 to 2025-06-30

WALNUT HILLS RETIREMENT COMMUNITIES INC, founded in 2007, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $11.6M exceeded revenue, resulting in a 22% operating deficit.

Mission

WALNUT HILLS IS A CARING CHRISTIAN COMMUNITY OFFERING LIFE WITH PURPOSE AND HIGH QUALITY RETIREMENT SERVICES WITHIN A BROADER COMMUNITY THAT CARES AND SERVES.

Program Service Accomplishments

Program 1
Expenses: $8,179,093 Revenue: $7,690,800

NURSING SERVICES - WALNUT HILLS IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 250 RESIDENTS ON A 110-ACRE CAMPUS. WALNUT HILLS'...

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NURSING SERVICES - WALNUT HILLS IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 250 RESIDENTS ON A 110-ACRE CAMPUS. WALNUT HILLS' HEALTH FACILITIES PROVIDE STATE-OF-THE-ART HEALTH CARE TECHNIQUES AND TECHNOLOGY IN AN INVITING AND SUPPORTIVE RESIDENTIAL ENVIRONMENT. OUR SETTING IS APPROPRIATE FOR INDIVIDUALS WHO ARE RECOVERING FROM SURGERY OR ILLNESS, NEED REHABILITATION, OR REQUIRE ONGOING, LONG-TERM NURSING CARE. OUR RESTORATIVE CARE PHILOSOPHY REINFORCES THE HEALING AND REHABILITATION PROCESS AND PROMOTES INDEPENDENCE. A FULL RANGE OF ACTIVITIES, CHAPLAINCY, AND SOCIAL SERVICES ARE PROVIDED. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM WALNUT HILLS IF THEIR ASSETS RUN OUT. DURING THE YEAR ENDED JUNE 30, 2025, OVER 14% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNT: INDIGENT CARE/CHARITY CARE - $1,673,308.

Program 2
Expenses: $2,488,284 Revenue: $1,616,213

RESIDENT & ANCILLARY SERVICES - ASSISTED LIVING APARTMENTS AT WALNUT HILLS ARE OFFERED BASED ON THE SOCIAL MODEL. ASSISTED LIVING HELPS MEET THE DESIRE OF OLDER PERSONS TO AGE IN PLACE WHILE THEY ARE...

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RESIDENT & ANCILLARY SERVICES - ASSISTED LIVING APARTMENTS AT WALNUT HILLS ARE OFFERED BASED ON THE SOCIAL MODEL. ASSISTED LIVING HELPS MEET THE DESIRE OF OLDER PERSONS TO AGE IN PLACE WHILE THEY ARE ABLE TO RECEIVE THE CARE AND SUPPORTIVE SERVICES THEY REQUIRE ON A DAILY BASIS. ASSISTED LIVING PROVIDES AN ALTERNATIVE TO NURSING HOME CARE. THE PHILOSOPHY OF ASSISTED LIVING EMPHASIZES PERSONAL DIGNITY, AUTONOMY, INDEPENDENCE, AND PRIVACY. INDEPENDENT LIVING RESIDENTS PAY A LIFE-LEASE ENTRY FEE TO OCCUPY THE RESIDENCE AND PAY A MONTHLY SERVICE FEE FOR SERVICES RENDERED. ADDITIONALLY, THEY HAVE VARIOUS A LA CARTE FEES FOR INCIDENTALS AND SUPPLIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $141,095
Program Service Revenue $9,224,411
Investment Income $34,368
Other Revenue $119,872
TOTAL REVENUE $9,519,746

Expense Breakdown

Grants Paid $12,600
Salaries & Benefits $5,060,052
Fundraising Expenses $0
Program Expenses $10,667,377
Other Expenses $6,539,563
TOTAL EXPENSES $11,612,215

Year-over-Year Comparison

2024 2023 Change
Revenue $9,519,746 $10,282,623 -0.1%
Expenses $11,612,215 $10,906,781 +0.1%
Net Income $-2,092,469 $-624,158 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
195
Volunteers
55

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$769,380
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARRETT ROACH CHAIR 1.0
Officer Director
$0 $0 $0
JASON COBLENTZ VICE CHAIR 1.0
Officer Director
$0 $0 $0
CARITA KEIM BOARD MEMBER 1.0
Director
$0 $0 $0
DARLENE FINZER BOARD MEMBER 1.0
Director
$0 $0 $0
DEBORAH HERSHBERGER BOARD MEMBER 1.0
Director
$0 $0 $0
MARVIN WENGERD BOARD MEMBER (LEFT 08/24) 1.0
Director
$0 $0 $0
PAUL SHETLER BOARD MEMBER 1.0
Director
$0 $0 $0
TERRY BURKHALTER BOARD MEMBER 1.0
Director
$0 $0 $0
AIMEE RIEMKE ASSISTANT SECRETARY 1.0
Officer
$0 $31,415 $193,933
CALLIE SELNER HARTUNG ASSISTANT TREASURER (LEFT 08/24) 1.0
Officer
$0 $7,612 $67,998
CHARITY YODER PRESIDENT (START 01/25) 45.0
Officer
$0 $4,053 $63,285
DAVID MALETICH PRESIDENT (LEFT 01/25) 45.0
Officer
$0 $14,931 $144,548
ERIC HERSHBERGER TREASURER (LEFT 04/25) 1.0
Officer
$0 $5,564 $95,367
RYDELL BONTRAGER SECRETARY 1.0
Officer
$0 $43,366 $204,249
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,519,746 $11,612,215 $14,494,506 $-2,092,469
2024 No data No data No data No data
2023 $10,367,080 $10,307,491 $18,337,517 $59,589
2022 $9,278,155 $10,032,867 $16,730,776 $-754,712
2021 $10,529,299 $10,045,155 $23,610,849 $484,144
2020 $11,234,610 $11,001,368 $25,380,327 $233,242
2019 $11,458,368 $11,610,025 $23,855,662 $-151,657
2018 $10,925,699 $11,297,691 $24,472,965 $-371,992
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