Walnut Hill Properties Corporation

Organization Overview

Walnut Hill Properties Corporation is located in Medford, MA. The organization was established in 1998. As of 06/2021, Walnut Hill Properties Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walnut Hill Properties Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Walnut Hill Properties Corporation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE & MANAGE RENTAL PROPERTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE TRUSTEES OF TUFTS COLLEGE AND IN THAT CONNECTION IT OWNS 60 REAL PROPERTIES WHICH ARE LEASED FOR RESIDENTIAL AND COMMERCIAL PURPOSES. RESIDENTIAL PROPERTIES ARE LEASED TO FACULTY AND STUDENTS OF TUFTS UNIV.


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Board, Officers & Key Employees

Name (title)Compensation
James Hurley
Treasurer
$0
Barbara Stein
President
$0
Robert Chihade
Clerk
$0
James Walsh
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Creative Painting Inc
Painting And Contractor
$671,642
Wg Daley
Plumbing And Heating
$251,203
Lawns Plus
Lawn Maintenance And Snow Plowing
$225,319
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,951,410
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,951,410

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