Nonprofit · EIN 04-3419100
WALNUT HILL PROPERTIES CORPORATION
Tax-exempt · MEDFORD, MA 02155
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,857,895 | $3,538,304 | $319,591 | $26,001,690 | $10,776,286 | $15,225,404 |
| June 30, 2024 | 990 | $3,768,799 | $3,525,257 | $243,542 | $23,892,362 | $13,893,504 | $9,998,858 |
| June 30, 2023 | 990 | $3,872,741 | $3,369,724 | $503,017 | $22,413,012 | $14,543,382 | $7,869,630 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,857,895
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $278,716
- Salaries, compensation and benefits (total)
- $327,578
- Professional fundraising fees
- $0
- Legal fees
- $2,690
- Accounting fees
- $19,000
- Occupancy
- $1,029,954
- Depreciation
- $1,034,064
- Program services (functional)
- $3,405,257
- Management and general (functional)
- $133,047
Balance sheet and other
- Total assets, start of year
- $23,892,362
- Total assets, end of year
- $26,001,690
- Total liabilities, end of year
- $10,776,286
- Net assets, end of year
- $15,225,404
- Land, buildings and equipment
- $25,334,006
- Net assets without donor restrictions
- $15,225,404
- Gross receipts
- $3,857,895
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HURLEY | TREASURER-END DATE 6/30/2025 Trustee or director, Officer | 1 | $0 | $520,958 | $53,930 |
| BARBARA STEIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $378,090 | $77,535 |
| JONATHAN PEARSALL | DIRECTOR Trustee or director | 1 | $0 | $327,809 | $58,700 |
| KAREN CUTONE | CLERK Trustee or director, Officer | 10 | $0 | $250,054 | $41,717 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HURLEY | TREASURER Trustee or director, Officer | 1 | $0 | $497,027 | $52,922 |
| BARBARA STEIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $366,976 | $71,467 |
| JONATHAN PEARSALL | CLERK-START DATE 7/24/2023 Trustee or director | 10 | $0 | $323,028 | $38,565 |
| EDWARD P MAHONEY | DIRECTOR-END DATE 7/17/2023 Former | 1 | $0 | $219,093 | $56,170 |
| ROBERT CHIHADE | CLERK-END DATE 8/15/23 Trustee or director, Officer | 40 | $0 | $129,736 | $33,741 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES HURLEY | TREASURER Trustee or director, Officer | 1 | $0 | $475,603 | $49,135 |
| BARBARA STEIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $354,175 | $66,624 |
| EDWARD P MAHONEY | DIRECTOR Trustee or director | 1 | $0 | $208,468 | $53,386 |
| ROBERT CHIHADE | CLERK Trustee or director, Officer | 40 | $0 | $189,583 | $26,327 |
| JAMES WALSH | DIRECTOR-END DATE 4/6/2022 Former | 10 | $0 | $136,471 | $20,020 |
Address and contacts
- Address (IRS master file)
- 14 CAPEN ST, MEDFORD, MA 02155-5823
- In care of
- % OFFICE OF GEN COUNSEL TUFTS UNIV
- Principal officer (990 for 2024)
- THOMAS M MALONE, 14 CAPEN STREET, MEDFORD, MA 02155
- Signed the 990
- THOMAS M MALONE, VP OF FINANCE AND TREASURER
- Phone
- (781) 391-5300
- Return prepared by
- BERNARD JOHNSON & COMPANY PC
Mission
TO ACQUIRE AND MANAGE RENTAL PROPERTY
Program accomplishments
- 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.Expenses $3,405,257 · revenue $3,857,895
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3419100
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B95Z)
- Assets (IRS master file)
- $26,001,690
- Income (IRS master file)
- $3,857,895
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,857,895 | $3,538,304 | $26,001,690 | IRS |
| 990 | June 2024 | $3,768,799 | $3,525,257 | $23,892,362 | IRS |
| 990 | June 2023 | $3,872,741 | $3,369,724 | $22,413,012 | XML |
| 990 | June 2022 | $3,380,483 | $3,287,296 | $20,647,441 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3419100).
Questions about WALNUT HILL PROPERTIES CORPORATION
- What is the EIN of WALNUT HILL PROPERTIES CORPORATION?
- The employer identification number (EIN) of WALNUT HILL PROPERTIES CORPORATION is 04-3419100.
- Is WALNUT HILL PROPERTIES CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to WALNUT HILL PROPERTIES CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does WALNUT HILL PROPERTIES CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WALNUT HILL PROPERTIES CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALNUT HILL PROPERTIES CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WALNUT HILL PROPERTIES CORPORATION?
- The 990 for the year ended June 30, 2025 names THOMAS M MALONE.
- Who are the officers and directors of WALNUT HILL PROPERTIES CORPORATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WALNUT HILL PROPERTIES CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,857,895, expenses of $3,538,304 and total assets of $26,001,690 at year end.
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