2012-04-06T12:55:36-07:00 2011-06-30 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2010-07-01 043419100 WALNUT HILL PROPERTIES CORP WALN 7813915300 PO BOX 53 TUFTS UNIVERSITY BRANCH MEDFORD MA 02155 BRUCE KETCHEN 7813915300 2011-11-16 RUSSELL A JOHNSON CPA 9788872220 2012-04-06 2010 2016-02-24 21:20:13Z BRUCE KETCHEN 47 WINTHROP STREET MEDFORD MA 02155 3430836 false X N/A X 1998 MA TO ACQUIRE & MANAGE RENTAL PROPERTY 3 0 4 0 0 0 3344926 3415911 1437 393 9533 14532 3355896 3430836 0 0 166876 181787 0 0 3035695 3320124 3202571 3501911 153325 -71075 18509269 18471496 14471510 14504812 4037759 3966684 TO ACQUIRE & MANAGE RENTAL PROPERTY false false 3261812 3412468 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 UNIV. 3261812 true 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 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 BRUCE KETCHEN 7813915300 47 WINTHROP STREET MEDFORD MA 02155 X RICHARD W REYNOLDS 0.25 X 0 224250 28298 THOMAS MCGURTY 1.00 X 0 306429 58815 BRUCE KETCHEN 40.00 X 0 113471 29180 JOHN M ROBERTO 0.25 X 0 116337 3694 760487 119987 true true false RESIDENTIAL RENTAL 900099 2480479 COMMERCIAL RENTAL 900099 931989 LAUNDRY 900099 3443 3415911 393 393 Commercial rent reimbursements 900099 14532 14532 14532 3430836 3430443 393 154620 105220 49400 0 15392 10452 4940 0 11775 8013 3762 0 12040 10836 1204 0 5222 0 5222 0 23767 7640 16127 0 841620 841620 0 0 764281 764281 0 0 711372 711372 0 0 11043 11043 0 0 MAINTENANCE 630383 630383 0 0 MANAGEMENT FEES 159079 0 159079 0 BAD DEBTS 156020 156020 0 0 INTEREST PD ON DEPOSITS 1407 1407 0 0 MISCELLANEOUS 3077 2712 365 0 813 813 0 0 3501911 3261812 240099 0 692363 485730 55479 55552 124168 113736 28352123 10573120 17592962 17779003 44297 37475 18509269 18471496 126599 214079 16143 19141 14231607 14206179 97161 65413 14471510 14504812 X 4037759 3966684 4037759 3966684 18509269 18471496 -71075 X false true true X false X X TUFTS UNIVERSITY 042103634 A School true false true 1 1 1 0 0 0 0 0 0 3678873 3678873 24623221 10534993 14088228 50029 38127 11902 17779003 Rent Deposits 65413 65413 3430836 3501911 -71075 -71075 3430836 3430836 3430836 3501911 3501911 3501911 false false false false false false false false false RICHARD W REYNOLDS 224250 28298 252548 THOMAS MCGURTY 306429 41235 17580 365244 JOHN M ROBERTO 2703 15163 98471 2474 1221 120032 Pt VI-B, Line 11a THE ORGANIZATION HAS ENGAGED BERNARD, JOHNSON & 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 ORGANIZATIONS' 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-B, 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 WHICH IS USED TO REVEAL CONFLICTS OF INTEREST FOR OFFICERS, KEY EMPLOYEES AND GOVERNING BOARD MEMBERS. THIS DOCUMENT IS SENT OUT AT OR NEAR YEAR-END BY THE CORPORATE SECRETARY'S OFFICE. AFTER READING THE CONFLICT OF INTEREST POLICY, EACH MEMBER IS REQUIRED TO DISCLOSE TO THE CORPORATE SECRETARY ANY POTENTIAL CONFLICTS IN A STATEMENT THAT IS SIGNED AND DATED, ANNUALLY. Pt VI-B, Line 15 WALNUT HILL PROPERTIES CORPORATION FOLLOWS COMPENSATION GUIDELINES AS ESTABLISHED BY ITS PARENT COMPANY, TRUSTEES OF TUFTS COLLEGE. THE PROCESS FOR DETERMINING COMENSATION FOR EXECUTIVES, OFFICERS OR KEY EMPLOYEES IS DONE SO BY THE TRUSTEES COMPENSATION COMMITTEE USING A MULTITUDE OF RESOURCES AND INFORMATION. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIRMAN OF THE BOARD OF TRUSTEE'S, ALSO SERVING AS THE CHAIR, ALONG WITH FOUR OTHER MEMBERS, EACH SERVING A TERM OF 3 YEARS. THESE INDIVIDUALS ARE CHOSEN FOR THEIR PARTICULAR EXPERTISE WITH COMPENSATION ISSUES. THE COMMITTEE MEETS AT THE END OF EACH FISCAL YEAR Form 990EZ, Part I, Line 8 MISCELLANEOUS INC. GAIN DUE TO FIRE Form 990EZ, Part I, Line 16 REAL ESTATE TAX MAINTENANCE UTILITIES BAD DEBTS BROKERAGE FEES INSURANCE INTEREST PD ON DEPOSITS MANAGEMENT FEES WATER OFFICE EXPENSE 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 BROKERAGE FEES 813. 813. 0. 0. AND RELIES ON DATA AND MATERIALS PROVIDED FROM HUMAN RESOURCES WHICH INCLUDE COMPARABLE LOCAL MARKET DATA AS WELL AS PEER INSTITUTIONS DATA IN THE LARGER COMPETITIVE MARKETPLACE. ALSO, AN EXTERNAL CONSULTANT SURVEY OF TOTAL EXECUTIVE COMPENSATION, BY TOWERS PERRIN, IS GATHERED AMONG SELECT UNIVERSITIES OR, WHERE DATA IS NOT AVAILABLE, FROM THE CUPA ADMINISTRATIVE COMPENSATION ANNUAL SURVEY. FURTHER, DATA FROM A SUBSET OF SURVEY PARTICIPANTS, WHO HAVE BEEN IDENTIFIED AS A COMPARABLE GROUP OF INSTITUTIONS IS USED. ADDITIONALLY, SALARY RECOMMENDATIONS AND PERFORMANCE REVIEWS ARE PROVIDED TO THE COMPENSATION COMMITTEE TO ASSIST THEM IN THE DECISION MAKING PROCESS. THE COMPENSATION COMMITTEE DELIBERATES AND DOCUMENTS ITS DECISIONS. LASTLY, ALL COMPENSATION FOR THE ORGANIZATIONS' KEY EMPLOYEE, BRUCE KETCHEN, 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. AN ANNUAL PERFORMANCE REVIEW WAS CONDUCTED IN JUNE, 2009 BY THE ORGANIZATIONS' PRESIDENT, WHO IS ALSO THE V.P. OF OPERATIONS OF THE TRUSTEES OF TUFTS COLLEGE. ANY INCREASES IN COMPENSATION ARE FORWARDED TO HUMAN RESOURCES. Pt VI-C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ALL ARE AVAILABLE UPON REQUEST. TUFTS UNIVERSITY 169 HOLLAND STREET SOMERVILLE MA 02144 042103634 EDUCATION MA 501(c)3 2 NA false false false false true false false false true false false false false true true true false false TRUSTEES OF TUFTS COLLEGE e 12706179 TRUSTEES OF TUFTS COLLEGE i 544538 TRUSTEES OF TUFTS COLLEGE n 159079