WALKER SENIOR HOUSING CORPORATION … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

SCOTT RIDDLE

Phone

6128278400

Tax Period

2018-01-01 to 2018-12-31

WALKER SENIOR HOUSING CORPORATION IV, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $6.0M in total revenue in fiscal year 2018. Revenue surged 429% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.6M, a strong 93% operating margin.

Mission

LIFE. AND ALL THE LIVING THAT GOES WITH IT.

Program Service Accomplishments

Program 1

Expenses: $297,351 Revenue: $414,035

WALKER SENIOR HOUSING CORPORATION IV, D/B/A WALKER METHODIST HAZEL RIDGE, ACCOMPLISHES ITS EXEMPT PURPOSE BY PROVIDING SENIOR LIVING WITH SERVICES IN A 75-UNIT COMMUNITY LOCATED IN MAPLEWOOD...

WALKER SENIOR HOUSING CORPORATION IV, D/B/A WALKER METHODIST HAZEL RIDGE, ACCOMPLISHES ITS EXEMPT PURPOSE BY PROVIDING SENIOR LIVING WITH SERVICES IN A 75-UNIT COMMUNITY LOCATED IN MAPLEWOOD, MINNESOTA. RESIDENTS MAY RECEIVE A VARIETY OF HEALTH SERVICES TO MEET THEIR INDIVIDUAL NEEDS AND ARE OFFERED OPPORTUNITIES FOR PHYSICAL ACTIVITY, SOCIAL INTERACTION, CREATIVE EXPRESSION, INTELLECTUAL ADVANCEMENT, SPIRITUAL EXPRESSION, VOLUNTEERING, AND CHARITABLE GIVING. FOR THE YEAR ENDED DECEMBER 31, 2018, WALKER METHODIST HAZEL RIDGE HAD AN OCCUPANCY RATE OF 78.1% THROUGH MAY 31, 2018.IN MAY 2018, THE ORGANIZATION CLOSED THE ON SALE OF WALKER HAZEL RIDGE'S PROPERTY, EQUIPMENT, AND OPERATIONS TO AN UNRELATED PARTY AND CEASED OPERATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $3,804

Program Service Revenue $414,035

Investment Income $5,549,404

Other Revenue $11,222

TOTAL REVENUE $5,978,465

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,460

Fundraising Expenses $0

Program Expenses $297,351

Other Expenses $328,203

TOTAL EXPENSES $423,663

Year-over-Year Comparison

	2018	2017	Change
Revenue	$5,978,465	$1,129,990	+4.3%
Expenses	$423,663	$1,404,077	-0.7%
Net Income	$5,554,802	$-274,087	-21.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,103,108

Total Directors

$397,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON TYNJALA	CHAIR	0.04	Officer Director	$0	$0	$0
MICHAEL FINN	VICE CHAIR	0.06	Officer Director	$0	$0	$0
GEORGE HOLDEN	TREASURER	0.06	Officer Director	$0	$0	$0
KENNETH BAST	SECRETARY	0.06	Director	$0	$0	$0
LORI ACKERSON	DIRECTOR	0.06	Director	$0	$0	$0
SUE BERGSTROM	DIRECTOR	0.06	Director	$0	$0	$0
PATRICIA DENNIS	DIRECTOR	0.06	Director	$0	$0	$0
PHIL HANSON	DIRECTOR	0.06	Director	$0	$0	$0
GAYLEN HARMS	DIRECTOR	0.06	Director	$0	$0	$0
LYNN SWON	DIRECTOR	0.06	Director	$0	$0	$0
DAN VLAISAVLJEVICH	DIRECTOR	0.06	Director	$0	$0	$0
SCOTT RIDDLE	PRESIDENT/CEO	4.20	Officer Director	$0	$61,893	$397,862
BETH DENEAU	CHIEF ADMINISTRATIVE OFFICER	4.20	Officer	$0	$40,974	$231,430
ANNELIESE PETERSON	VP OF OPERATIONS	4.20	Officer	$0	$50,789	$236,198
RUSS GRUNDHAUSER	CFO	4.20	Officer	$0	$51,540	$237,618

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
2024	No data	No data	No data	No data
2018	$5,978,465	$423,663	$40,229	$5,554,802

WALKER SENIOR HOUSING CORPORATION IV