Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $45,666

• 2a · Program service revenue: VALEO COMMUNITY RESIDE

  total $587,478 · related or exempt $587,478

• 3 · Investment income

  total $8,888 · excluded $8,888

• 7a · Gross sales of assets other than inventory

  securities $383

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $383

• 7d · Net gain or loss

  total $383 · excluded $383

• 11a · Other revenue: OTHER INCOME

  total $285 · related or exempt $285

• 11e · Other revenue, total

  $285

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $334,623 · program services $313,976 · management and general $20,647

• 8 · Pension plan contributions

  total $5,964 · program services $5,596 · management and general $368

• 9 · Other employee benefits

  total $106,759 · program services $100,172 · management and general $6,587

• 10 · Payroll taxes

  total $19,987 · program services $18,754 · management and general $1,233

• 11c · Fees: accounting

  total $10,200 · program services $9,375 · management and general $825

• 11f · Fees: investment management

  total $521 · management and general $521

• 11g · Fees: other

  total $115,888 · program services $106,513 · management and general $9,375

• 12 · Advertising and promotion

  total $4,936 · fundraising $4,936

• 13 · Office expenses

  total $67 · program services $67

• 16 · Occupancy

  total $31,599 · program services $31,599

• 22 · Depreciation, depletion and amortization

  total $33,223 · program services $32,537 · management and general $686

• 23 · Insurance

  total $12,330 · program services $10,974 · management and general $1,356

• 24a · Other expenses: FOOD AND CLIENT SUPPLIE

  total $36,691 · program services $36,691

• 24b · Other expenses: MAINTENANCE & REPAIRS

  total $13,973 · program services $13,973

• 24c · Other expenses: CLIENT TRANSPORTATION

  total $2,554 · program services $2,554

• 24d · Other expenses: DUES AND MEMBERSHIPS

  total $265 · program services $265

• 24e · All other expenses

  total $19,099 · program services $1,103 · management and general $17,996

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $194,957 · end of year $100,022

• 4 · Accounts receivable

  beginning of year $31,656 · end of year $17,265

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,405 · end of year $8,378

• 10a · Land, buildings and equipment: cost or other basis

  $796,744

• 10b · Land, buildings and equipment: accumulated depreciation

  $703,516

• 10c · Land, buildings and equipment, net

  beginning of year $92,294 · end of year $93,228

• 11 · Investments: publicly traded securities

  beginning of year $254,335 · end of year $265,968

• 15 · Other assets

  beginning of year $30,430 · end of year $25,574

• 17 · Accounts payable and accrued expenses

  beginning of year $30,462 · end of year $30,842

• 27 · Net assets without donor restrictions

  beginning of year $581,615 · end of year $479,593

The filer's explanations (Part III)

PART I, LINE 1A

HUMAN RESOURCE POLICY STATES THAT ANY VALEO COMMUNITY RESIDENCE BENEFIT-ELIGIBLE EMPLOYEE IS A ELIGIBLE TO RECEIVE UP TO 50% OF HIS/HER FITNESS MEMBERSHIP FEES REIMBURSED NOT TO EXCEED $50 PER MONTH.

PART I, LINE 3

RELATED ORGANIZATION CEO/EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY PARTICIPATION IN THE ASSOCIATION OF COMMUNITY MENTAL HEALTH CENTERS OF KANSAS ANNUAL SALARY SURVEY. THIS DATA PROVIDES COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSON IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION ARRANGEMENT IS EVALUATED DURING THE ANNUAL PERFORMANCE REVIEW PERIOD WHICH COINCIDES AND IS IN ACCORDANCE WITH VALEO'S HR PRACTICE FOR ALL EMPLOYEES. THE CEO AND HUMAN RESOURCES DEPARTMENT DETERMINED THE CFO SALARY BASED ON BOTH INTERNAL AND EXTERNAL INFORMATION FOR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION ARRANGEMENT IS EVALUATED DURING THE ANNUAL PERFORMANCE REVIEW PERIOD WHICH COINCIDES WITH AND IS IN ACCORDANCE WITH VALEO'S HR PRACTICES FOR ALL EMPLOYEES.