2024-05-14T10:03:55-07:00 2023-06-30 043068663 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2022-07-01 043419100 WALNUT HILL PROPERTIES CORP WALN 7813915300 14 CAPEN STREET MEDFORD MA 02155 JAMES M HURLEY VP FINANCE, CFO AND TREASURER 7813915300 2023-09-20 true JAMES HURLEY XXX-XX-XXXX true Timothy F Hagan CPA P00365920 9788872220 2024-05-14 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z JAMES M HURLEY 14 CAPEN STREET MEDFORD MA 02155 3872741 false X N/A X 1998 MA TO ACQUIRE AND MANAGE RENTAL PROPERTY 4 0 4 0 0 0 0 3380483 3872741 0 0 3380483 3872741 0 0 291922 331436 0 0 2995374 3038288 3287296 3369724 93187 503017 20647441 22413012 14591335 14543382 6056106 7869630 TO ACQUIRE AND MANAGE RENTAL PROPERTY false false 3195989 0 3872741 Organization is organized and operated exclusively for the benefit of the Trustees of Tufts College and in that connection it owns 62 real properties which are leased for residential and commercial purposes. Residential properties are leased to faculty and students of Tufts Univ. 3195989 true false false false false false false false false false true false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false true 6 0 true 4 true false false false false false false false false false false false false false false false X 4 0 false false false false false false false true true false false true true true true true true true true false MA X KAREN CUTONE 7813915300 14 CAPEN STREET MEDFORD MA 02155 JAMES HURLEY TREASURER 1.00 X X 0 475603 49135 BARBARA STEIN PRESIDENT 1.00 X X 0 354175 66624 EDWARD P MAHONEY DIRECTOR 1.00 X 0 208468 53386 ROBERT CHIHADE CLERK 40.00 X X 0 189583 26327 JAMES WALSH DIRECTOR-END DATE 4/6/2022 10.00 X 0 136471 20020 0 1364300 215492 true true false Creative painting Inc 34 Bow Street Somerville MA 02143 Painting and contractor 698682 WG Daley 574 Boston Ave Medford MA 02155 Plumbing and heating 228687 Lawns Plus 364 Boston Ave Medford MA 02155 Lawn maintenance and snow plowing 199522 Dryden Contracting Inc 19 Virginia Street Somerville MA 02145 Construction 106646 4 RESIDENTIAL RENTAL 900099 2939692 0 0 COMMERCIAL RENTAL 900099 928181 0 0 LAUNDRY 900099 4868 0 0 3872741 3872741 3872741 0 0 282748 220715 62033 0 27117 21366 5751 0 21571 16996 4575 0 17000 0 17000 0 66081 51543 14538 0 989126 988251 875 0 279087 279087 0 0 971263 968163 3100 0 32592 25422 7170 0 MAINTENANCE 402549 402549 0 0 MANAGEMENT FEES 265812 211502 54310 0 BAD DEBTS 950 950 0 0 MISCELLANEOUS 11828 7445 4383 0 2000 2000 0 0 3369724 3195989 173735 0 321849 246041 85000 0 24960 31314 37807221 15681325 20205871 22125896 9761 9761 20647441 22413012 1161041 1148480 375905 25030 10188336 10190950 2866053 3178922 14591335 14543382 X 6056106 7869630 6056106 7869630 20647441 22413012 503017 1310507 X false true X true false X X 1 TUFTS UNIVERSITY 042103634 2 true 1958357 0 1 1958357 0 0 0 0 0 true false false false false false false false false false false false false false false true false 4324059 4324059 33330094 15585076 17745018 153068 96249 56819 22125896 RENT DEPOSITS 9761 OTHER ACCRUED EXPENSES 20905 TERM LOAN WITH TRUSTEES 51318 TERM LOAN WITH TRUSTEES 3096938 3178922 X 3872741 3872741 3872741 3369724 3369724 3369724 Pt X, Line 2 The Company is exempt from income tax under section 501(c)3 of the Internal Revenue Code. However, income from certain activities not directly related to its tax-exempt purpose is subject to taxation as unrelated business income. Management has evaluated its tax positions applying a "more likely than not" standard, and believes there are no material uncertainties in the income taxes. false false false false false false false false false JAMES HURLEY 0 448969 0 26634 0 0 0 38400 0 10735 0 524738 0 0 BARBARA STEIN 0 346575 0 7600 0 0 0 38400 0 28224 0 420799 0 0 EDWARD P MAHONEY 0 208005 0 463 0 0 0 25440 0 27946 0 261854 0 0 ROBERT CHIHADE 0 189188 0 395 0 0 0 21569 0 4758 0 215910 0 0 JAMES WALSH 0 86424 0 50047 0 0 0 11357 0 8663 0 156491 0 0 Pt VI, Line 11b The organization has engaged Bernard, Johnson, Hagan, Couto and Company, PC to prepare and sign the tax return as paid preparer. A final Form 990 was reviewed by senior management. Also, the internal tax department of the Organization's Parent Company, Trustees of Tufts College reviewed the document. Thereafter, the return was provided to the full governing body prior to filing the return with the IRS. Pt VI, Line 12c The Walnut Hill Properties Corporation, being a wholly owned subsidiary of Trustees of Tufts College, requires all employees to adhere to the policies of its parent company. As a result, Trustees of Tufts College maintains an annual statement of compliance and disclosure form questionnaire which is used to reveal conflicts of interest. All employees are required to disclose to the Executive Vice-President any potential conflicts of interest in a statement that is signed and dated, annually. Pt VI, Line 15a Walnut Hill Properties Corporation follows compensation guidelines as established by its parent company, Trustees of Tufts College. Pt VI, Line 15b The process for determining compensation for Executives, Officers or Key Employees is done so by the Trustees compensation committee using a multitude of resources and external compensation survey information. All compensation for the organization's key employee, The Director of Real Property Services, is paid for by the Parent Company, Trustees of Tufts College and billed back to Walnut Hill Properties Corporation as an operating cost. Pt VI, Line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public. All are available upon request. Trustees of Tufts College 169 Holland Street Somerville MA 02144 042103634 Education MA 501(c)3 2 Trustees of Tufts College false Omidyar-Tufts Active Citizenship Trust 169 Holland Street Somerville MA 02144 043828582 Relief of Poor & Education Grants MA 501(c)3 1 Trustees of Tufts College false Tufts Shared Services Inc 171 Harrison Ave PO Box 634 Boston MA 02111 237000827 Coordinate Health & Educational Services MA 501(c)3 1 Trustees of Tufts College false Tufts Veterinary Emergency Treatment & Specialties Inc 200 Westborough Road North Grafton MA 02158 043430674 Veterinary Emergency Treatment & Care MA 501(c)3 10 Trustees of Tufts College false Tufts University Post-Retirement Plan 169 Holland Street Somerville MA 02144 043236078 VEBA MA 501(c)9 Trustees of Tufts College false Tufts Global Inc 169 Holland Street Somerville MA 02144 474543971 Foreign Operations Support Organization MA 501(c)3 1 Trustees of Tufts College false Civic Education Foundation 169 Holland Street Somerville MA 02144 046111643 Raise Civic Awareness MA 501(c)3 10 Trustees of Tufts College false JM Holdings Inc 169 Holland Street Somerville MA 02144 043184043 Real Estate Development MA NA C 0.00000 false Perpetual Trusts (8) 169 Holland Street Somerville MA 02144 Support MA NA T 0.00000 false Charitable Remainder Unitrusts (25) 169 Holland Street Somerville MA 02144 Support MA NA T 0.00000 false Charitable Lead Trusts (2) 169 Holland Street Somerville MA 02144 Support MA NA T 0.00000 false Tufts University Charitable Trust 169 Holland Street Somerville MA 02144 516581922 Support HK NA T 0.00000 false Braingate Inc 169 Holland Street Somerville MA 02144 475489178 Patent Holdings MA NA C 0.00000 false false false false false true false false false false true false false true false false true false true false Trustees of Tufts College e 13348256 Fair Market Value Trustees of Tufts College j 1692545 Fair Market Value Trustees of Tufts College m 265812 Fair Market Value Trustees of Tufts College r 1410492 Fair Market Value