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Nonprofiteer
← VALLEY CARE SENIOR HOUSING INC

Form 990 for tax year 2022

Filed by VALLEY CARE SENIOR HOUSING INC.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Listed in Part VII

  • DAVID ENTWISTLE

    DIRECTOR

    Total calculated
    $5,114,409
    From this org
    $0
    From related orgs
    $4,675,833
    Other
    $438,576
    Hours/week
    0.2 + 56.45 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,007,529 related
    Bonus
    $0 + $2,071,871 related
    Other
    $0 + $596,433 related
    Deferred
    $0 + $382,562 related
    Nontaxable benefits
    $0 + $56,014 related
    Filer's total
    $0 + $5,114,409 related
  • LINDA HOFF

    DIRECTOR

    Total calculated
    $2,037,570
    From this org
    $0
    From related orgs
    $1,850,502
    Other
    $187,068
    Hours/week
    0.2 + 54.45 related

    Schedule J breakdown matched by us

    Base
    $0 + $998,588 related
    Bonus
    $0 + $689,306 related
    Other
    $0 + $162,608 related
    Deferred
    $0 + $152,645 related
    Nontaxable benefits
    $0 + $34,423 related
    Filer's total
    $0 + $2,037,570 related
  • RICHARD SHUMWAY

    PRESIDENT & CEO

    Total calculated
    $1,574,316
    From this org
    $0
    From related orgs
    $1,279,934
    Other
    $294,382
    Hours/week
    0.2 + 70.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $669,463 related
    Bonus
    $0 + $536,733 related
    Other
    $0 + $73,738 related
    Deferred
    $0 + $254,430 related
    Nontaxable benefits
    $0 + $39,952 related
    Filer's total
    $0 + $1,574,316 related
  • KYLE WICHELMANN

    CFO

    Total calculated
    $596,634
    From this org
    $0
    From related orgs
    $517,853
    Other
    $78,781
    Hours/week
    0.2 + 50.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $395,368 related
    Bonus
    $0 + $120,484 related
    Other
    $0 + $2,001 related
    Deferred
    $0 + $52,671 related
    Nontaxable benefits
    $0 + $26,110 related
    Filer's total
    $0 + $596,634 related
  • DIANE GRUNSKY

    SECRETARY (UNTIL 11/22)

    Total calculated
    $170,092
    From this org
    $0
    From related orgs
    $148,585
    Other
    $21,507
    Hours/week
    0.2 + 49.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $126,991 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $20,094 related
    Deferred
    $0 + $7,516 related
    Nontaxable benefits
    $0 + $13,991 related
    Filer's total
    $0 + $170,092 related
  • JACQUELINE STEIN

    FORMER SECRETARY

    Total calculated
    $136,269
    From this org
    $0
    From related orgs
    $129,018
    Other
    $7,251
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,258 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $260 related
    Deferred
    $0 + $6,263 related
    Nontaxable benefits
    $0 + $988 related
    Filer's total
    $0 + $136,269 related
  • SOLEIL CANLAS

    SECRETARY (AS OF 11/22)

    Total calculated
    $88,655
    From this org
    $0
    From related orgs
    $74,400
    Other
    $14,255
    Hours/week
    0 + 50 related
  • JOHN SENSIBA

    CHAIR

    Total calculated
    $0
    Hours/week
    0.2 + 1.6 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3
A RELATED ORGANIZATION, STANFORD HEALTH CARE TRI-VALLEY ("SHC TRI-VALLEY"), COMPENSATES THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL. SHC TRI-VALLEY USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OF GOVERNORS.
SCHEDULE J, PART I, LINE 4B
STANFORD HEALTH CARE ("SHC"), A RELATED ORGANIZATION, PROVIDES ALL SENIOR EXECUTIVES WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT THEIR RETIREMENT BENEFITS. FOR EACH CALENDAR YEAR, A HYPOTHETICAL ACCOUNT IS ESTABLISHED FOR EACH PARTICIPANT AND CREDITED WITH AN AMOUNT EQUAL TO A PERCENTAGE OF BASE SALARY (DEPENDING ON THE INDIVIDUAL'S POSITION) AS OF THE LAST DAY OF EACH QUARTER. THE COMPENSATION COMMITTEE MAY DETERMINE THAT CREDITS SHALL BE MADE IN ADDITION TO THOSE ABOVE IN ITS SOLE DISCRETION. A PARTICIPANT BECOMES VESTED IN EACH CALENDAR YEAR ACCOUNT ON THE FIRST BUSINESS DAY OF JANUARY FOLLOWING THE SECOND CALENDAR YEAR IN WHICH THE ACCOUNT WAS ESTABLISHED (OR, IF LATER, THE DATE ON WHICH THE PARTICIPANT COMPLETES TWO FULL YEARS OF PARTICIPATION). THE PARTICIPANT BECOMES FULLY VESTED IN HIS OR HER ACCOUNTS UNDER THE SERP UPON THE EARLIEST OF (A) DISCHARGE FROM EMPLOYMENT WITHOUT CAUSE; (B) ENTITLEMENT TO LONG-TERM DISABILITY INCOME BENEFITS; (C) ATTAINMENT OF AGE OF 60 WHILE EMPLOYED OR IF LATER, THE PARTICIPANT'S COMPLETION OF TWO FULL YEARS OF PARTICIPATION; (D) COMPLETION OF SEVEN YEARS AS AN ELIGIBLE EMPLOYEE; OR (E) DEATH. THE FOLLOWING AMOUNTS BECAME VESTED AND WERE PAID TO THE FOLLOWING INDIVIDUALS IN CALENDAR YEAR 2022: DAVID ENTWISTLE $346,221 LINDA HOFF $117,466 FOR CERTAIN INDIVIDUALS LISTED ON SCHEDULE J, PART II, AMOUNTS CREDITED UNDER THE PLAN ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). AMOUNTS CREDITED AND DISCLOSED ON THE FORM 990 IN PRIOR YEARS THAT VESTED AND WERE PAID IN CALENDAR 2022 ARE REPORTED IN COLUMN (F). SHC TRI-VALLEY'S PRESIDENT PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT HIS RETIREMENT BENEFITS. UNDER THE PLAN, A HYPOTHETICAL ACCOUNT IS ESTABLISHED FOR THE PARTICIPANT AND CREDITED WITH AN AMOUNT EQUAL TO A PERCENTAGE OF BASE SALARY AS OF THE LAST DAY OF EACH QUARTER. THE COMPENSATION COMMITTEE MAY DETERMINE THAT CREDITS SHALL BE MADE IN ADDITION TO THOSE ABOVE IN ITS SOLE DISCRETION. THE PARTICIPANT BECOMES VESTED IN EACH CALENDAR YEAR ACCOUNT ON THE FIRST BUSINESS DAY OF JANUARY FOLLOWING THE SECOND CALENDAR YEAR IN WHICH THE ACCOUNT WAS ESTABLISHED (OR, IF LATER, THE DATE ON WHICH THE PARTICIPANT COMPLETES TWO FULL YEARS OF PARTICIPATION). THE PARTICIPANT BECOMES FULLY VESTED IN HIS OR HER ACCOUNTS UNDER THE SERP UPON THE EARLIEST OF (A) DISCHARGE FROM EMPLOYMENT WITHOUT CAUSE; (B) ENTITLEMENT TO LONG-TERM DISABILITY INCOME BENEFITS; (C) ATTAINMENT OF AGE OF 60 WHILE EMPLOYED OR IF LATER, THE PARTICIPANT'S COMPLETION OF TWO FULL YEARS OF PARTICIPATION; (D) COMPLETION OF SEVEN YEARS AS AN ELIGIBLE EMPLOYEE; OR (E) DEATH. THE FOLLOWING AMOUNT BECAME VESTED AND WAS PAID TO RICHARD SHUMWAY IN CALENDAR YEAR 2022: $65,868. AMOUNTS CREDITED UNDER THE PLAN ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C).
SCHEDULE J, PART II, COLUMN B(III)
OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (III) INCLUDES ACCRUED VACATION PAY OUT, GROUP TERM LIFE, SERP DISTRIBUTION, IMPUTED INTEREST FOR MORTGAGE LOAN FORGIVENESS, AND ADDITIONAL PAY.
SCHEDULE J, PART II
DIRECTORS ARE NOT COMPENSATED IN THEIR CAPACITY AS DIRECTORS OF VALLEYCARE SENIOR HOUSING, INC. HOWEVER, THE INDIVIDUALS LISTED WERE ALSO EMPLOYEES OF RELATED ORGANIZATIONS, POSITIONS FOR WHICH THEY RECEIVED COMPENSATION AS REPORTED IN PART II.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 July 2024
IRS schema version
2022v5.0
Source object
202431939349300438

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