WALKER METHODIST HEALTH CENTER INC

EIN: 410706131 501(c)(3) Human Services

MINNETONKA, MN

Total Revenue
$33,642,678
Total Expenses
$8,433,590
Total Assets
$1,527,678
Net Assets
$1,146,348
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
MN
Principal Officer
SCOTT RIDDLE
Phone
6128278400
Tax Period
2023-01-01 to 2023-12-31

WALKER METHODIST HEALTH CENTER INC, founded in 1915, is a mid-sized nonprofit in the Human Services sector that reported $33.6M in total revenue in fiscal year 2023. The organization ran a surplus of $25.2M, a strong 75% operating margin.

Mission

PROVIDING SKILLED NURSING & OTHER HEALTH CARE SERVICES IN A 370-BED CAMPUS IN MINNEAPOLIS, MN.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $92,010
Program Service Revenue $9,007,624
Investment Income $24,473,430
Other Revenue $69,614
TOTAL REVENUE $33,642,678

Expense Breakdown

Grants Paid $800
Salaries & Benefits $5,383,413
Fundraising Expenses $0
Program Expenses $7,151,863
Other Expenses $3,049,377
TOTAL EXPENSES $8,433,590

Year-over-Year Comparison

2023 2022 Change
Revenue $33,642,678 $31,882,219 +0.1%
Expenses $8,433,590 $27,722,171 -0.7%
Net Income $25,209,088 $4,160,048 +5.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
316
Volunteers
10

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
2
$764,161
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHIL HANSON CHAIR 0.02
Director
$0 $0 $0
MICK FINN VICE CHAIR 0.03
Director
$0 $0 $0
LYNN SWON TREASURER 0.03
Director
$0 $0 $0
FRED SEMMER SECRETARY 0.03
Director
$0 $0 $0
JIM BALLENTINE DIRECTOR 0.03
Director
$0 $0 $0
SUE BERGSTROM DIRECTOR 0.03
Director
$0 $0 $0
BOB HAKES DIRECTOR 0.03
Director
$0 $0 $0
CAROL KRAFT DIRECTOR 0.03
Director
$0 $0 $0
KATE LEE DIRECTOR 0.03
Director
$0 $0 $0
SCOTT REDDEN DIRECTOR 0.03
Director
$0 $0 $0
SCOTT RIDDLE PRESIDENT/CEO 4.20
Officer
$0 $21,688 $472,501
RUSS GRUNDHAUSER CFO 4.20
Officer
$0 $29,743 $291,660
BARNAS VERONICA VP OF HR 1.00
Highest
$0 $12,567 $199,127
RANSFORD BEVERLY VP OF QUALITY 1.00
Highest
$0 $3,159 $193,746
WILSON STEPHEN VP OF OPERATIONS 1.00
Highest
$0 $10,429 $189,776
SCHRUPP BRENDA VP OF QUALITY AND CORP COMPLIANCE 1.00
Highest
$0 $10,420 $178,105
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
2023 $33,642,678 $8,433,590 $1,527,678 $25,209,088
2022 $31,882,219 $27,722,171 $39,952,188 $4,160,048
2021 $30,508,941 $27,659,109 $38,407,480 $2,849,832
2020 $31,611,484 $28,525,136 $35,014,620 $3,086,348
2019 $31,066,484 $28,308,569 $30,841,736 $2,757,915
2018 $30,928,981 $28,024,227 $28,174,753 $2,904,754
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WALKER METHODIST HEALTH CENTER INC with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.