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Nonprofiteer
← VALLEY PACKAGING INDUSTRIES INC

Form 990 for tax year 2024

Filed by VALLEY PACKAGING INDUSTRIES INC.

Totals

Total revenue
$14,614,292
Total expenses
$7,711,083
Contributions and grants received
$6,994,036
Grants paid
$0
Program service revenue
$168,383
Investment income
$6,414,722
Other revenue
$1,037,151
Total assets, end of year
$15,415,765
Total liabilities, end of year
$2,990,606
Net assets or fund balances, end of year
$12,425,159
Program services expenses (Part IX)
$5,554,593
Management and general expenses
$2,156,490
Fundraising expenses
$0
Program service expenses (Part III)
$5,554,593

Program services were 72.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $5,804,993

  • 1f · All other contributions, gifts and grants

    $1,189,043

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: WORKSITE AND CHILDCARE RESOURCE & REFERRAL

    total $62,109 · related or exempt $62,109 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: PRIVATE INSURANCE AND MANAGED CARE

    total $6,380 · related or exempt $6,380 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: MEDICARE AND MEDICAID PAYMENTS

    total $71,117 · related or exempt $71,117 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: MISC REVENUE FROM VOCATIONAL ACTIVITIES

    total $28,777 · related or exempt $28,777 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $6,414,722 · other assets $0

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $6,414,722 · other assets $0

  • 7d · Net gain or loss

    total $6,414,722 · related or exempt $0 · unrelated business $0 · excluded $6,414,722

  • 8a · Fundraising events: gross income

    $35,434

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $8,684

  • 8c · Net income from fundraising events

    total $26,750 · unrelated business $0 · excluded $26,750

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $9,319,520

  • 10b · Cost of goods sold

    $8,309,119

  • 10c · Net income from sales of inventory

    total $1,010,401 · related or exempt $1,010,401 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $787,579 · program services $16,339 · management and general $771,240 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $4,293,611 · program services $3,808,224 · management and general $485,387 · fundraising $0

  • 8 · Pension plan contributions

    total $60,074 · program services $43,759 · management and general $16,315 · fundraising $0

  • 9 · Other employee benefits

    total $649,310 · program services $457,421 · management and general $191,889 · fundraising $0

  • 10 · Payroll taxes

    total $371,398 · program services $280,731 · management and general $90,667 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $8,519 · program services $0 · management and general $8,519 · fundraising $0

  • 11c · Fees: accounting

    total $31,300 · program services $0 · management and general $31,300 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $135,751 · program services $52,976 · management and general $82,775 · fundraising $0

  • 12 · Advertising and promotion

    total $5,891 · program services $1,061 · management and general $4,830 · fundraising $0

  • 13 · Office expenses

    total $214,012 · program services $150,051 · management and general $63,961 · fundraising $0

  • 14 · Information technology

    total $347,041 · program services $98,843 · management and general $248,198 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $182,056 · program services $70,713 · management and general $111,343 · fundraising $0

  • 17 · Travel

    total $382,810 · program services $373,488 · management and general $9,322 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total -$28,254 · program services -$6,713 · management and general -$21,541 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $50,281 · program services $31,543 · management and general $18,738 · fundraising $0

  • 23 · Insurance

    total $140,666 · program services $140,666 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $79,038 · program services $35,491 · management and general $43,547 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,583,730 · end of year $4,380,905

  • 2 · Savings and temporary cash investments

    beginning of year $114,141 · end of year $110,688

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $1,063,355 · end of year $1,538,522

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $195,251 · end of year $170,274

  • 9 · Prepaid expenses and deferred charges

    beginning of year $152,477 · end of year $68,021

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

    $17,199,548

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

    $8,243,405

  • 10c · Land, buildings and equipment, net

    beginning of year $6,300,388 · end of year $8,956,143

  • 11 · Investments: publicly traded securities

    beginning of year $147,148 · end of year $191,212

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $529,925 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $498,568 · end of year $743,789

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $4,555,535 · end of year $2,246,817

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $510,362

  • 27 · Net assets without donor restrictions

    beginning of year $5,412,940 · end of year $12,109,223

  • 28 · Net assets with donor restrictions

    beginning of year $109,010 · end of year $315,936

Mission and programs · 2024

Mission

To promote the dignity and worth of individuals who have disabilities or are disadvantaged by providing vocational and other rehabilitation services to assist them in developing their optimum level of social, vocational, and economic independence in the community.

  • Vocational evaluation, training, and job placement services were provided to more than 633 people with disabilities or other barriers to employment.

    Expenses $3,446,172 · Grants $101,886 · Revenue $5,324,806

  • Early Intervention Program (Birth to 3) provided evaluation, education, and therapy to 1,176 children with developmental delays.

    Expenses $1,839,879 · Grants $283,308 · Revenue $1,227,681

  • Community Outreach Center provided social, vocational, and recreational activities to people with mental illnesses. An average of 293 people were served in 2024.

    Expenses $268,542 · Revenue $231,446

As filed on the 2024 return.

Listed in Part VII

  • Tim Riebau

    PRESIDENT/CEO

    Total calculated
    $209,296
    From this org
    $184,037
    From related orgs
    $0
    Other
    $25,259
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $184,037
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $25,259
    Filer's total
    $209,296

  • Timm Kaminski

    VICE PRESIDENT OF OPERATIONS

    Total calculated
    $115,740
    From this org
    $115,065
    From related orgs
    $0
    Other
    $675
    Hours/week
    50

  • Drew Wadel

    SALES/ACCOUNT MANAGER

    Total calculated
    $109,219
    From this org
    $98,328
    From related orgs
    $0
    Other
    $10,891
    Hours/week
    40

  • Lisa La Coursiere

    REG PHYSICAL THERAPIST

    Total calculated
    $107,787
    From this org
    $74,965
    From related orgs
    $0
    Other
    $32,822
    Hours/week
    40

  • James Patten

    CFO

    Total calculated
    $102,185
    From this org
    $101,510
    From related orgs
    $0
    Other
    $675
    Hours/week
    50

  • Mark Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Schmitz

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Rita McComber

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • David Pierre

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Gary Weber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Buckley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carolyn Pierre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Haddock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tom Klister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Modeste Rouamba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darrell Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patricia Degoey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jon Fischer

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Randy Decoster

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Zeleski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — 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

  • 3 · Compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
THE EXECUTIVE COMMITTEE MEMBERS OF THE BOARD OF DIRECTORS MEET AND REVIEW SALARY INFORMATION FOR SIMILIAR POSITIONS IN BOTH THE PUBLIC AND PRIVATE SECTOR. THIS INFORMATION IS UTILIZED IN CONJUNCTION WITH INDIVIDUAL PERFORMANCE TO ANNUALLY SET THE PRESIDENT/CEO'S SALARY. THE PRESIDEN/CEO ANNUALLY DETERMINES THE SALARIES OF ALL OTHER RESPECTIVE KEY EMPLOYEES.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202503169349307100

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