WALKER MEADOW RETIREMENT COMMUNITY INC

EIN: 383283760 501(c)(3) Housing & Shelter

Grand Rapids, MI

Total Revenue
$289,297
Total Expenses
$371,774
Total Assets
$1,065,038
Net Assets
$-1,459,178
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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
1996
Legal Domicile
MI
Principal Officer
STEPHEN FETYKO
Phone
6169494975
Tax Period
2024-07-01 to 2025-06-30

WALKER MEADOW RETIREMENT COMMUNITY INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $289K in total revenue in fiscal year 2024. Expenses of $372K exceeded revenue, resulting in a 29% operating deficit.

Mission

WELCOMING ALL, PARTNERING TOGETHER, ENRICHING LIVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $830
Program Service Revenue $288,234
Investment Income $233
Other Revenue $0
TOTAL REVENUE $289,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $87,770
Fundraising Expenses $0
Program Expenses $296,795
Other Expenses $284,004
TOTAL EXPENSES $371,774

Year-over-Year Comparison

2024 2023 Change
Revenue $289,297 $292,332 0.0%
Expenses $371,774 $372,803 0.0%
Net Income $-82,477 $-80,471 +0.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
N/A

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
6
$1,195,263
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Fetyko President & CEO 1
Officer
$0 $34,324 $552,720
Nicole Maag Chief of Residential Service 1
Officer
$0 $30,880 $334,986
Kalen Carlson Chief Financial Officer 1
Officer
$0 $20,539 $307,557
Kim Hoppe Former Chief Financial Officer 1
$0 $133,462 $256,261
Russ Ives Chair 1
Officer Director
$0 $0 $0
John Nixon Vice Chair 1
Officer Director
$0 $0 $0
Michael Fritz Treasurer/Secretary 1
Officer Director
$0 $0 $0
Colleen Dolan-Green Director 1
Director
$0 $0 $0
Dick Lundy Director 1
Director
$0 $0 $0
Jackie Taylor Director 1
Director
$0 $0 $0
Mike Shore Director 1
Director
$0 $0 $0
Greg Tewksbury Director 1
Director
$0 $0 $0
Lou Berra Director 1
Director
$0 $0 $0
Nick Nahorski Director 1
Director
$0 $0 $0
Ben Miles Director 1
Director
$0 $0 $0
Natalie Brown Director 1
Director
$0 $0 $0
Jennifer Tyler Director 1
Director
$0 $0 $0
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 $289,297 $371,774 $1,065,038 $-82,477
2024 No data No data No data No data
2023 $306,434 $325,231 $1,156,059 $-18,797
2022 $277,696 $342,328 $1,193,986 $-64,632
2021 $259,233 $346,405 $1,254,227 $-87,172
2020 $310,809 $361,015 $1,340,129 $-50,206
2019 $295,408 $397,084 $1,388,800 $-101,676
2018 $289,571 $382,366 $1,453,858 $-92,795
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