2026-05-12T07:59:17-07:00 2025-06-30 043068663 BERNARD JOHNSON & COMPANY PC 15 S MAIN STREET TOPSFIELD MA 01983 990 2024-07-01 043419100 WALNUT HILL PROPERTIES CORP WALN 7813915300 14 CAPEN STREET MEDFORD MA 02155 THOMAS M MALONE VP OF FINANCE AND TREASURER 7813915300 2025-10-01 true true Timothy F Hagan CPA P00365820 9788872220 2026-05-12 2024 2025-03-06 01:10:19Z THOMAS M MALONE 14 CAPEN STREET MEDFORD MA 02155 3857895 false X N/A X 1998 MA TO ACQUIRE AND MANAGE RENTAL PROPERTY 4 0 3 0 0 0 0 3768799 3857895 0 0 3768799 3857895 0 0 312636 327578 0 0 3212621 3210726 3525257 3538304 243542 319591 23892362 26001690 13893504 10776286 9998858 15225404 TO ACQUIRE AND MANAGE RENTAL PROPERTY false false 3405257 0 3857895 The Organization is organized and operated exclusively for the benefit of the Trustees of Tufts College and in that connection it owns 64 real properties which are leased for residential and commercial purposes. Residential properties are leased to faculty and students of Tufts Univ. 3405257 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 11 0 true 3 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-END DATE 6/30/2025 1.00 X X 0 520958 53930 BARBARA STEIN PRESIDENT 1.00 X X 0 378090 77535 KAREN CUTONE CLERK 10.00 X X 0 250054 41717 JONATHAN PEARSALL DIRECTOR 1.00 X 0 327809 58700 0 1476911 231882 false true false Creative painting Inc 34 Bow Street Somerville MA 02143 Painting and contractor 809961 WG Daley 4 Manison St Unit D Stoneham MA 02180 Plumbing and heating 291943 Lawns Plus 364 Boston Ave Medford MA 02155 Lawn maintenance and snow plowing 221545 Dryden Contracting Inc 19 Virginia Street Somerville MA 02145 Construction 105440 O'Sullivan Installs 25 Sullivan Rd Billerica MA 01862 Construction 104985 5 RESIDENTIAL RENTAL 900099 2872535 0 0 COMMERCIAL RENTAL 900099 983714 0 0 LAUNDRY 900099 1646 0 0 3857895 3857895 3857895 0 0 278716 228782 49934 0 27611 22913 4698 0 21251 17635 3616 0 2690 2690 0 0 19000 0 19000 0 38883 17886 20997 0 1029954 1028520 1434 0 271974 271974 0 0 1034064 1031799 2265 0 45317 35347 9970 0 MAINTENANCE 614957 614957 0 0 MANAGEMENT FEES 124406 105745 18661 0 MISCELLANEOUS 29481 27009 2472 0 3538304 3405257 133047 0 238687 574022 105733 67443 72039 23619 43054616 17720610 23466142 25334006 9761 2600 23892362 26001690 418984 371645 157558 190551 10193212 10195650 3123750 18440 13893504 10776286 X 9998858 15225404 9998858 15225404 23892362 26001690 X 319591 4906955 X false true X true false X X 1 TRUSTEES OF TUFTS COLLEGE 042103634 2 true 887485 0 1 887485 0 0 0 0 0 true false false false false false false false false false false false false false false true false 5439952 5439952 37423652 17595334 19828318 191012 125276 65736 25334006 RENT DEPOSITS 2600 OTHER ACCRUED EXPENSES 15840 TERM LOAN WITH TRUSTEES 0 TERM LOAN WITH TRUSTEES 0 18440 X 3857895 3857895 3857895 3538304 3538304 3538304 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 491176 0 0 0 29782 0 43320 0 10610 0 574888 0 0 BARBARA STEIN 0 371204 0 0 0 6886 0 43320 0 34215 0 455625 0 0 KAREN CUTONE 0 249050 0 0 0 1004 0 29464 0 12253 0 291771 0 0 JONATHAN PEARSALL 0 327492 0 0 0 317 0 25829 0 32871 0 386509 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 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, 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 organizations 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. Pt XI The Organization had two notes payable to the Trustees of Tufts College in the aggregate amount of $3,096,938. These notes were forgiven during the year ended June 30, 2025. In addition, the Trustees of Tufts College purchased a building that was contributed to Walnut Hill Properties Corporation in the amount of $1,810,017 and is included in Capital Contributions for the year ended June 30, 2025. Trustees of Tufts College 80 George Street Medford MA 02155 042103634 Education MA 501(c)3 2 NA false Omidyar-Tufts Active Citizenship Trust 80 George Street Medford MA 02155 043828582 Investment in Positive Societal Change 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 80 George Street Medford MA 02155 043236078 VEBA MA 501(c)9 Trustees of Tufts College false Tufts Global Inc 80 George Street Medford MA 02155 474543971 Foreign Operations Support Organization MA 501(c)3 1 Trustees of Tufts College false Civic Education Foundation 80 George Street Medford MA 02155 046111643 Raise Civic Awareness MA 501(c)3 10 Trustees of Tufts College false JM Holdings Inc 80 George Street Medford MA 02155 043184043 Real Estate Development MA C 0.00000 false Perpetual Trusts (7) 80 George Street Medford MA 02155 Support MA T 0.00000 false Charitable Remainder Unitrusts (23) 80 George Street Medford MA 02155 Support MA T 0.00000 false Tufts University Charitable Trust 80 George Street Medford MA 02155 516581922 Support HK T 0.00000 false Braingate Inc 80 George Street Medford MA 02155 475489178 Patent Holdings MA C 0.00000 false false false false false true false false false true true false false true false false false false false false Trustees of Tufts College e 10200000 Fair Market Value Trustees of Tufts College j 763080 Fair Market Value Trustees of Tufts College m 124405 Fair Market Value Trustees of Tufts College i 601273 Fair Market Value