Civic Intelligence

Valley Senior Living Foundation

990 • Fiscal year 2022 • EIN 45-0392710

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 10, 2022

Organization Profilewww.valleyseniorliving.org
2900 14th Ave SGrand Forks, ND 58201

(701) 787-7997

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • NTEE E • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.14x

Higher debt load relative to revenue than 55% of similar nonprofits.

2022 filings • NTEE E • $1M-$5M nonprofits • Source year 2022

Net Margin

60th percentile

9.2%

Higher net margin than 60% of similar nonprofits.

2022 filings • NTEE E • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$260,068

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 50.9% of source-year revenue.

2022 filings • NTEE E • $1M-$5M nonprofits • Source year 2022

Asset Growth

22nd percentile

-11%

Faster asset growth than 22% of similar nonprofits.

2022 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$3,358,775

Down $397,012 (-11%) from 2021

Net Assets

Down

$3,286,295

Down $404,939 (-11%) from 2021

Liabilities

Up

$72,480

Up $7,927 (+12%) from 2021

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin60th percentile

Revenue

Up

$511,283

Up $132,967 (+35%) from 2021

Expenses

Up

$464,394

Up $207,526 (+81%) from 2021

Net Income

Down

$46,889

Down $74,559 (-61%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,677,744Liabilities 2011: $63,829Net Assets 2011: $1,613,9152011Assets 2012: $1,664,327Liabilities 2012: $57,364Net Assets 2012: $1,606,9632012Assets 2013: $1,743,624Liabilities 2013: $41,074Net Assets 2013: $1,702,5502013Assets 2014: $1,964,986Liabilities 2014: $52,501Net Assets 2014: $1,912,4852014Assets 2015: $2,074,107Liabilities 2015: $60,725Net Assets 2015: $2,013,3822015Assets 2016: $2,008,090Liabilities 2016: $65,340Net Assets 2016: $1,942,7502016Assets 2017: $2,154,035Liabilities 2017: $68,744Net Assets 2017: $2,085,2912017Assets 2018: $2,545,910Liabilities 2018: $59,403Net Assets 2018: $2,486,5072018Assets 2019: $2,760,837Liabilities 2019: $54,385Net Assets 2019: $2,706,4522019Assets 2020: $3,065,378Liabilities 2020: $47,363Net Assets 2020: $3,018,0152020Assets 2021: $3,755,787Liabilities 2021: $64,553Net Assets 2021: $3,691,2342021Assets 2022: $3,358,775Liabilities 2022: $72,480Net Assets 2022: $3,286,2952022Assets 2023: $3,666,739Liabilities 2023: $70,024Net Assets 2023: $3,596,7152023Assets 2024: $4,410,021Liabilities 2024: $83,203Net Assets 2024: $4,326,8182024Assets 2025: $4,298,722Liabilities 2025: $43,858Net Assets 2025: $4,254,8642025

Highlighted filing

2022

Assets$3,358,775
Liabilities$72,480
Net Assets$3,286,295
Open 2022 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $110,0512011Expenses 2012: $157,7872012Expenses 2013: $171,2772013Revenue 2014: $373,188Expenses 2014: $163,253Net Income 2014: $209,9352014Revenue 2015: $316,613Expenses 2015: $215,716Net Income 2015: $100,8972015Revenue 2016: $157,552Expenses 2016: $228,184Net Income 2016: -$70,6322016Revenue 2017: $425,183Expenses 2017: $282,642Net Income 2017: $142,5412017Revenue 2018: $632,204Expenses 2018: $230,988Net Income 2018: $401,2162018Revenue 2019: $746,603Expenses 2019: $526,658Net Income 2019: $219,9452019Revenue 2020: $438,854Expenses 2020: $289,543Net Income 2020: $149,3112020Revenue 2021: $378,316Expenses 2021: $256,868Net Income 2021: $121,4482021Revenue 2022: $511,283Expenses 2022: $464,394Net Income 2022: $46,8892022Revenue 2023: $509,238Expenses 2023: $336,140Net Income 2023: $173,0982023Revenue 2024: $722,974Expenses 2024: $400,232Net Income 2024: $322,7422024Revenue 2025: $635,855Expenses 2025: $1,110,691Net Income 2025: -$474,8362025

Highlighted filing

2022

Revenue$511,283
Expenses$464,394
Net Income$46,889
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$570,248
Mission and Program Overview

Mission

The purpose of Valley Senior Living Foundation is to seek and accept philanthropic gifts to perpetuate an endowment fund and to support services that enhance the care of the residents of Valley Senior Living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,163,291$2,889,196▼ $274,095
Cash and Non-Interest-Bearing Accounts$544,719$433,212▼ $111,507
Investments Program Related$20,206$21,112▲ $906
Land, Buildings, and Equipment, Net$13,231$10,255▼ $2,976
Pledges and Grants Receivable$14,340$5,000▼ $9,340
Total Assets$3,755,787$3,358,775▼ $397,012
Liabilities
Deferred Revenue$34,865$39,324▲ $4,459
Accounts Payable and Accrued Expenses$29,688$33,156▲ $3,468
Total Liabilities$64,553$72,480▲ $7,927
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,258,222$1,663,286▼ $594,936
Net Assets With Donor Restrictions$1,433,012$1,623,009▲ $189,997
Total Net Assets Fund Balance$3,691,234$3,286,295▼ $404,939
Total Liabilities and Net Assets / Fund Balance$3,755,787$3,358,775▼ $397,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$10,255$27,186$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,163,291$237,043▼ $429,147$59,309$2,889,196
2020$2,583,243$81,248▲ $572,597$52,971$3,163,291
2019$2,357,580$113,222▲ $181,063$49,811$2,583,243
2018$2,046,902$257,477▲ $106,022$30,461$2,357,580
2017$1,869,594$115,975▲ $101,629$23,833$2,046,902
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica BaumgartenDirector of Nursing Valley Senior Living on Columbia--$159,056$159,056
Jennifer SchultzDirector of Nursing Woodside Village--$144,454$144,454
Angela GouletTufte Manor Administrator, Director PCS TM and WT--$141,797$141,797
Shaun HavisPresident Valley Senior Living FoundationFT$72,544$28,043$100,587

Board Members and Trustees

NameTitle
Karen BrekkeChair
Garth RydlandPresident/CEO Valley Senior Living
Carol SvedsonVice Chair
Brittany CaillierDirector
Megan FlomDirector
Monica MusichDirector
Gina RollerAdministrator Valley Senior Living on 42nd
Lorilee BottCFO
Margaret ReedEx Officio
Pete HoistadEx Officio
Bruce VaalerSecretary
Scott BergeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$481,751
Program Service Revenue
$0
Investment Income
$249
Other Revenue
$29,283
All Other Contributions
$481,751
Change in Net Assets
$46,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$297,444
Salaries, Compensation, and Employee Benefits$140,840
Total Fundraising Expense$69,075
Other Expenses$26,110
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$297,444--$297,444
Current Officers, Directors, Trustees, and Key Employees$36,298$27,167$37,122$100,587
Other Salaries and Wages$14,526$10,872$14,855$40,253
Other Expenses$0$0$4,624$4,624
Depreciation Depletion$1,155$1,821$0$2,976
All Other Expenses$0$1,838$0$1,838
Fees for Services Accounting$0$1,000$0$1,000
Office Expenses$0$527$0$527
Conferences and Meetings$355$0$0$355
Advertising$0$0$350$350
Total Functional Expenses$351,112$44,207$69,075$464,394
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,342
Fundraising Direct Expenses$58,965
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Valley Senior Living Golf Tournament$58,631$58,631$19,417$39,214
Around Our Table$23,655$23,655$1,010$22,645
Total Events$87,342$87,342$58,965$28,377
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 9

“Karen Brekke, 1413 Central Ave NW, East Grand Forks, MN 56721; Carol Svendson, 2123 12th Ave NW, East Grand Forks, MN 56721; Bruce Vaaler, 2701 S Columbia Rd, Grand Forks, ND 5820; Scott Berge, 1200 S Columbia Rd, Grand Forks, ND 58201; Brittany Caillier, 762 Shelby Court NE, Thompson, ND 58278; Megan Flom, 401 Demers Ave, Grand Forks, ND 58201; Monica Musich, 523 Schroeder Dr, Grand Forks, ND 58201; Margaret Reed, 297 Circle Hills Dr, Grand Forks, ND 58202; Pete Hoistad, 118 Breezy Hills Cove, Grand Forks, ND 58201”

Form 990, Part VI, Section B, Line 11B

“The CFO with the assistance of the President prepares the Form 990. A draft of the Form 990, and all applicable schedules, is given to the Board of Directors for review prior to a meeting held in November. The CFO explains changes on the Form 990, specifically reviews Part VI with the Board of Directors, and answers any questions.”

Form 990, Part VI, Section B, Line 12C

“Annually each board member is given a form which is an excerpt from Section 8.1 of the bylaws regarding conflict of interest. After reviewing the policy each director signs and dates the form.”

Form 990, Part VI, Section B, Line 15

“The compensation process for the President of Valley Senior Living Foundation includes a performance appraisal completed by the President/CEO of Valley Senior Living with input from the Board Chair of Valley Senior Living Foundation. The President of the Foundation also completes a self evaluation utilizing the same appraisal form. Upon completion of the evaluation, comments are documented and the appraisal is signed the by the President/CEO of Valley Senior Living and the President of the Foundation. Form evaluation of base salary, the President/CEO contacts like organizations for comparability data. The President/CEO of Valley Senior Living's (a related organization) compensation is determined by a compensation committee. The committee reviews the state compensation survey each year to assess how the CEO's base salary compares with others of similar size and function.”

Form 990, Part VI, Section C, Line 19

“Valley Senior Living Foundation's governing documents, conflict of interest policy, and financial statements are available upon request. Requests should be made at Valley Senior Living Foundation office located at 2900 14th Ave S., Grand Forks, ND 58201 between the hours of 8:30-4:30 Monday through Friday.”

Filing and Contact Details

Filer

Filer Name
Valley Senior Living Foundation
EIN
45-0392710
Phone
7017877997
Address
2900 14th Ave S, Grand Forks, ND 58201

Signing Officer

Name
Shaun Havis
Title
President
Phone
7017877997
Signed
2022-11-10

Organization Details

Principal Officer
Shaun Havis
Formed
1985
Legal Domicile
Nd
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
78
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“The organization's endowment funds earnings are used for the purposes designated by the various donors (chaplaincy, music, intergenerational, community connections, activities, etc.). Principle gifts are maintained intact.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt672544
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0236170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1168946
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2158376
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3127423
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4121812
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5110232
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/CEO Valley Senior Living
IRS990/Form990PartVIISectionAGrp/TitleTxt1Administrator Valley Senior Living on 42nd
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director of Nursing Valley Senior Living on Columbia
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director of Nursing Woodside Village
IRS990/Form990PartVIISectionAGrp/TitleTxt5Tufte Manor Administrator, Dir PCS TM and WT
IRS990/Form990PartVIISectionAGrp/TitleTxt6President Valley Senior Living Foundation
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Ex Officio
IRS990/Form990PartVIISectionAGrp/TitleTxt15Ex Officio
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt00
IRS990/FundraisingDirectExpensesAmt058965
IRS990/FundraisingGrossIncomeAmt087342
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0297444
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0297444
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0570248
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0249
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0249
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt020206
IRS990/InvestmentsProgramRelatedGrp/EOYAmt021112
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03163291
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02889196
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027186
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013231
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010255
IRS990/LandBldgEquipCostOrOtherBssAmt037441
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0906
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0906
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The purpose of Valley Senior Living Foundation is to seek and accept philanthropic gifts to perpetuate an endowment fund and to support services that enhance the care of the residents of Valley Senior Living.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03691234
IRS990/NetAssetsOrFundBalancesEOYAmt03286295
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt028377
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt028377
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-451828
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02258222
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01663286
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0527
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0527
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1PRINTING PUBLICATIONS & POSTAGE
IRS990/OtherExpensesGrp/Desc2DONOR EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt07147
IRS990/OtherExpensesGrp/FundraisingAmt14977
IRS990/OtherExpensesGrp/FundraisingAmt24624
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0982
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt11334
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt08129
IRS990/OtherExpensesGrp/TotalAmt16311
IRS990/OtherExpensesGrp/TotalAmt24624
IRS990/OtherRevenueTotalAmt0906
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014855
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010872
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014526
IRS990/OtherSalariesAndWagesGrp/TotalAmt040253
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt014340
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Shaun Havis
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0We identified a need to enhance the outdoor living space at Tufte Manor. Proceeds for the 2021 Valley Senior Living Golf Classic benefited the Tufte Manor Outdoor project as well as use of other funds. The Tufte Manor Outdoor Project funds were used for replacing the facilities Center Court patios, landscaping the patios and front of the building, creating a southwest privacy area and purchasing furniture.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt065115
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt065115
IRS990/ProgSrvcAccomActy3Grp/Desc0We determined there was a need to promote Valley Senior Living's culture with it's 800 plus employees and provide appreciation gifts. These funds were used to give a staff appreciation gift around the holidays. The organization was unable to have a staff holiday party due to precautions surrounding COVID-19 pandemic.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt012000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt012000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other program services included funding a number of items and programs that enhance the quality of life for the residents. Records are maintained to track designation of use by donor for a specific facility and/or program.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0162250
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0162250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0340348
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0100121
IRS990/PYInvestmentIncomeAmt0384
IRS990/PYOtherExpensesAmt022954
IRS990/PYOtherRevenueAmt037584
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0121448
IRS990/PYSalariesCompEmpBnftPaidAmt0133793
IRS990/PYTotalExpensesAmt0256868
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0378316
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt046889
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0111747
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other income consists of special fundraising events and miscellaneous revenues.

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,358,775
Liabilities
$72,480
Net assets
$3,286,295
Revenue
$511,283
Expenses
$464,394
Net income
$46,889
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.30$0.04$4.25$0.64$1.11$0.47
2024Detailed filing. Detailed filing data is available for this year.$4.41$0.08$4.33$0.72$0.40$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.67$0.07$3.60$0.51$0.34$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.36$0.07$3.29$0.51$0.46$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.76$0.06$3.69$0.38$0.26$0.12
2020Summary only. Only limited summary data is available for this year.$3.07$0.05$3.02$0.44$0.29$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.76$0.05$2.71$0.75$0.53$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.55$0.06$2.49$0.63$0.23$0.40
2017Detailed filing. Detailed filing data is available for this year.$2.15$0.07$2.09$0.43$0.28$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.01$0.07$1.94$0.16$0.23$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.06$2.01$0.32$0.22$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.96$0.05$1.91$0.37$0.16$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.04$1.70$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.06$1.61$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.06$1.61$0.11