Program areas at Walker Methodist Place
Walker Residence, Inc. d/b/a Walker Methodist Place, accomplishes its exempt purpose by providing senior living with services as a 122-unit continuing care retirement community in minneapolis, Minnesota. Senior housing, health services, and nursing care are all on one campus where residents can receive the health care they may need today or in the future. Additionally, residents are offered opportunites for physical activity, social interaction, creative expression, intellectual advancement, spiritual expression, volunteering, and charitable giving. For the year ended december 31, 2022, Walker Methodist Place had an occupancy rate of 74.03%.
Who funds Walker Methodist Place
Grants from foundations and other nonprofits
Personnel at Walker Methodist Place
| Name | Title | Compensation | Date of data |
|---|
| Scott Riddle | Chief Executive Officer and President / President and Chief Executive Officer and Chief Financial Officer | $0 | 2022-12-31 |
| Anneliese Peterson | Chief Operations Officer / Vice President of Operations | $0 | 2022-12-31 |
| Russ Grundhauser | Chief Financial Officer | $0 | 2023-11-03 |
| Sarah Wandschneider | Chief Human Resources Officer | $0 | 2022-12-31 |
| Michael Finn | Vice Chair / Director | $0 | 2022-12-31 |
| ...and 11 more key personnel |
Financials for Walker Methodist Place
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $8,404 | $555,567 | -98.5% |
| Program services | $3,728,267 | $3,640,029 | 2.4% |
| Investment income and dividends | $154,710 | $178,133 | -13.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $28,197 | $15,642 | 80.3% |
| Net gain from sale of non-inventory assets | $-24,166 | $-5,549 | -335.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $49,865 | $72,670 | -31.4% |
| Miscellaneous revenues | $206,274 | $236,055 | -12.6% |
| Total revenues | $4,151,551 | $4,692,547 | -11.5% |
Organizations like Walker Methodist Place
| Organization | Type | Location | Revenue |
|---|
| Hunt Community | 501(c)(3) | Nashua, NH | $15,936,193 |
| The Terraces at Summitview | 501(c)(3) | Duarte, CA | $14,582,958 |
| Wesley Ridge Retirement Community | 501(c)(3) | Columbus, OH | $5,429,327 |
| Crosby Senior Services | 501(c)(3) | Roseville, MN | $4,857,993 |
| The Huntington at Nashua | 501(c)(3) | Nashua, NH | $16,206,015 |
| Psa Housing and Assisted Living | 501(c)(3) | Roseville, MN | $4,807,748 |
| Wesley Enhanced Living Upper Moreland (WEL) | 501(c)(3) | Warminster, PA | $7,605,776 |
| Riverwoods Durham | 501(c)(3) | Durham, NH | $20,212,521 |
| Riverwoods Manchester | 501(c)(3) | Manchester, NH | $14,751,459 |
| Canton Ii | 501(c)(3) | Lakeway, TX | $5,369,316 |
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 7 new personnel
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesChapter / child organizationsCharities
Issues
Human services
Characteristics
Provides scholarshipsTax deductible donations
General information
- Address
- 11055 Wayzata Blvd 200
- Minnetonka, MN 55305
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- Website URL
- walkermethodist.org/Â
- Phone
- (800) 735-3048
- Facebook page
- Walker-MethodistÂ
- Twitter profile
- @walkermiraclesÂ
IRS details
- EIN
- 41-1443583
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1982
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- P75: Senior Continuing Care Communities
- NAICS code, primary
- 62331: Assisted Living and Continuing Care Retirement Communities
- Parent/child status
- Subordinate organization
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