2015-05-14T10:14:43-07:00 2014-06-30 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2013-07-01 043419100 WALNUT HILL PROPERTIES CORP WALN 7813915300 PO BOX 53 TUFTS UNIVERSITY BRANCH MEDFORD MA 02155 ROBERT O CHIHADE CLERK 7813915300 2015-04-16 true TIMOTHY F HAGAN CPA 9788872220 2015-05-14 2013 2016-02-25 16:41:14Z LINDA SNYDER 47 WINTHROP STREET MEDFORD MA 02155 3133905 false X N/A X 1998 MA TO ACQUIRE AND MANAGE RENTAL PROPERTY 3 0 4 0 0 0 3327243 3116474 3 2 30628 17429 3357874 3133905 0 0 192365 214030 0 0 3121135 2962363 3313500 3176393 44374 -42488 18340972 16786519 14293334 10314056 4047638 6472463 TO ACQUIRE AND MANAGE RENTAL PROPERTY FOR THE BENEFIT OF TUFTS UNIVERSITY false false 2944732 3112653 ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF TUFTS UNIVERSITY 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 UNIVERSITY. 2944732 true false false false false false false false false false true false false false true false 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 true 0 0 true 4 true false false false false false false false false false false false X 3 0 false false false false false false false true true false false true true true true true true true true false MA X ROBERT O CHIHADE 7813915300 47 WINTHROP STREET MEDFORD MA 02155 LINDA SNYDER PRESIDENT 1.00 X X 0 262733 33393 THOMAS MCGURTY TREASURER 1.00 X X 0 337413 64714 JOHN WALKER INTERIM CLERK (START 8/8/13) 10.00 X X 0 158066 28197 BRUCE KETCHEN CLERK (END DATE 8/8/13) 40.00 X X 0 116013 24299 ROBERT CHIHADE DIRECOR OF REAL PROPERTY SERVICES 40.00 X 0 0 0 874225 150603 false true false RESIDENTIAL RENTAL 900099 2862950 COMMERCIAL RENTAL 900099 249703 LAUNDRY 900099 3821 3116474 2 2 Commercial rent reimbursements 900099 17429 17429 17429 3133905 3133903 2 182620 132605 50015 0 17321 12319 5002 0 14089 10231 3858 0 17376 17376 0 0 10000 9000 1000 0 43826 9863 33963 0 792683 792683 0 0 579252 579252 0 0 717202 717202 0 0 11976 11976 0 0 MAINTENANCE 534272 534272 0 0 MANAGEMENT FEES 136058 0 136058 0 BAD DEBTS 113928 113928 0 0 INTEREST PD ON DEPOSITS 985 985 0 0 4805 3040 1765 0 3176393 2944732 231661 0 523373 249462 5577 5579 171891 81087 26435570 10017855 17605856 16417715 34275 32676 18340972 16786519 27963 69569 23528 38312 14206950 10181465 34893 24710 14293334 10314056 X 4047638 6472463 4047638 6472463 18340972 16786519 X -42488 2467313 X false true X true false X X TUFTS UNIVERSITY 042103634 501(C)3 true true true 1290900 1 1290900 0 0 0 0 0 0 3200928 3200928 23149185 9956183 13193002 85457 61672 23785 16417715 Rent Deposits 24710 24710 3133905 3133905 3133905 3176393 3176393 3176393 false false false false false false false false false LINDA SNYDER 258289 4444 33015 378 296126 THOMAS MCGURTY 257448 79965 45319 19395 402127 JOHN WALKER 157327 739 18555 9642 186263 Pt VI, Line 11b THE ORGANIZATION HAS ENGAGED BERNARD, JOHNSON & COMPANY, PC. TO Pt VI, Line 11b PREPARE AND SIGN THE TAX RETURN AS PAID PREPARER. A FINAL FORM Pt VI, Line 11b 990 WAS REVIEWED BY SENIOR MANAGEMENT. ALSO, THE INTERNAL TAX Pt VI, Line 11b DEPARTMENT OF THE ORGANIZATIONS' PARENT COMPANY, TRUSTEES OF Pt VI, Line 11b TUFTS COLLEGE REVIEWED THE DOCUMENT. THEREAFTER, THE RETURN WAS Pt VI, Line 11b PROVIDED TO THE FULL GOVERNING BODY PRIOR TO FILING THE RETURN Pt VI, Line 11b WITH THE IRS. Pt VI, Line 12c THE WALNUT HILL PROPERTIES CORPORATION, BEING A WHOLLY OWNED Pt VI, Line 12c SUBSIDIARY OF TRUSTEES OF TUFTS COLLEGE, REQUIRES ALL EMPLOYEES Pt VI, Line 12c TO ADHERE TO THE POLICIES OF ITS PARENT COMPANY. AS A RESULT, Pt VI, Line 12c TRUSTEES OF TUFTS COLLEGE MAINTAINS AN ANNUAL STATEMENT OF COMPLIANCE Pt VI, Line 12c AND DISCLOSURE FORM QUESTIONNAIRE WHICH IS USED TO REVEAL CONFLICTS OF Pt VI, Line 12c INTEREST. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE EXECUTIVE Pt VI, Line 12c VICE-PRESIDENT ANY POTENTIAL CONFLICTS IN A STATEMENT THAT IS SIGNED Pt VI, Line 12c AND DATED, ANNUALLY. Pt VI, Line 15a WALNUT HILL PROPERTIES CORPORATION FOLLOWS COMPENSATION GUIDELINES AS Pt VI, Line 15a ESTABLISHED BY ITS PARENT COMPANY, TRUSTEES OF TUFTS COLLEGE. THE Pt VI, Line 15a PROCESS FOR DETERMINING COMPENSATION FOR EXECUTIVES, OFFICERS OR Pt VI, Line 15a KEY EMPLOYEES IS DONE SO BY THE TRUSTEES COMPENSATION COMMITTEE USING Pt VI, Line 15b A MULTITUDE OF RESOURCES AND INFORMATION. ALL COMPENSATION FOR THE Pt VI, Line 15b ORGANIZATIONS' KEY EMPLOYEE, THE DIRECTOR OF REAL PROPERTY SERVICES, Pt VI, Line 15b IS PAID FOR BY THE PARENT COMPANY, TRUSTEES OF TUFTS COLLEGE AND BILLED Pt VI, Line 15b BACK TO WALNUT HILL PROPERTIES CORPORATION AS AN OPERATING COST. Pt VI, Line 15b AN ANNUAL PERFORMANCE REVIEW IS NORMALLY CONDUCTED BY THE VICE-PRESIDENT Pt VI, Line 15b OF OPERATIONS. ANY INCREASES IN COMPENSATION ARE FORWARDED TO HUMAN RESOURCES. Pt VI, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF Form 990EZ, Part II, Line 24 ACCOUNTS RECEIVABLE - NET OTHER RECEIVABLES PREPAIDS INVESTMENTS Form 990EZ, Part II, Line 26 ACCOUNTS PAYABLE & ACCRUED EXPENSES DEFERRED REVENUE BONDS, MORTGAGES & OTHER NOTES Form 990, Part IX, Line 24f MISCELLANEOUS 4805. 3040. 1765. 0. Pt VI, Line 19 INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. Pt VI, Line 19 ALL ARE AVAILABLE UPON REQUEST. Pt XI WALNUT HILL SOLD A PROPERTY TO A THIRD PARTY AND TRANSFERRED Pt XI ANOTHER PROPERTY TO TUFTS UNIVERSITY AT FAIR MARKET VALUE, Pt XI RECOGNIZING A GAIN ON THE SALE AND TRANSFER, RESPECTIVELY Pt XI DURING THE YEAR. Trustees of Tufts College 169 Holland Street Somerville MA 02144 042103634 EDUCATION MA 501(c)3 2 NA false false false false true false false false true true false false true false true true true true true Trustees of Tufts College e 10181465 Fair market value Trustees of Tufts College i 3169630 Fair market value Trustees of Tufts College j 1074229 Fair market value Trustees of Tufts College m 136058 Fair market value Trustees of Tufts College r 4106098 Fair market value