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← VALLEY SENIOR LIVING FOUNDATION

Form 990 for tax year 2024

Filed by VALLEY SENIOR LIVING FOUNDATION.

Totals

Total revenue
$635,855
Total expenses
$1,110,691
Contributions and grants received
$472,735
Grants paid
$826,152
Program service revenue
$0
Investment income
$630
Other revenue
$162,490
Total assets, end of year
$4,298,722
Total liabilities, end of year
$43,858
Net assets or fund balances, end of year
$4,254,864
Program services expenses (Part IX)
$898,518
Management and general expenses
$70,170
Fundraising expenses
$142,003
Program service expenses (Part III)
$898,518

Program services were 80.9% 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)

    $0

  • 1f · All other contributions, gifts and grants

    $472,735

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $630 · related or exempt $630 · 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

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $209,306

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

    $0

  • 8b · Fundraising events: direct expenses

    $47,850

  • 8c · Net income from fundraising events

    total $161,456 · unrelated business $0 · excluded $161,456

  • 11d · All other revenue

    total $1,034 · related or exempt $1,034 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $1,034

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $826,152 · program services $826,152

  • 5 · Compensation of officers, directors and key employees

    total $147,246 · program services $67,733 · management and general $22,087 · fundraising $57,426

  • 7 · Other salaries and wages

    total $81,228 · program services $0 · management and general $21,033 · fundraising $60,195

  • 11c · Fees: accounting

    total $1,750 · program services $0 · management and general $1,750 · fundraising $0

  • 12 · Advertising and promotion

    total $2,835 · program services $0 · management and general $0 · fundraising $2,835

  • 13 · Office expenses

    total $5,125 · program services $2,375 · management and general $904 · fundraising $1,846

  • 19 · Conferences, conventions and meetings

    total $741 · program services $741 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,703 · program services $0 · management and general $349 · fundraising $1,354

  • 24a · Other expenses: Donor Expense

    total $9,347 · program services $0 · management and general $0 · fundraising $9,347

  • 24b · Other expenses: Dues, Licenses

    total $14,925 · program services $0 · management and general $14,925 · fundraising $0

  • 24c · Other expenses: Printing, Publications and Postage

    total $9,100 · program services $1,517 · management and general $7,583 · fundraising $0

  • 24d · Other expenses: Consultant

    total $9,000 · program services $0 · management and general $0 · fundraising $9,000

  • 24e · All other expenses

    total $1,539 · program services $0 · management and general $1,539 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $255,403 · end of year $272,849

  • 4 · Accounts receivable

    beginning of year $76,593 · end of year $53,018

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,783 · end of year $5,783

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

    $37,441

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

    $32,609

  • 10c · Land, buildings and equipment, net

    beginning of year $6,535 · end of year $4,832

  • 11 · Investments: publicly traded securities

    beginning of year $4,042,719 · end of year $3,938,225

  • 13 · Investments: program-related

    beginning of year $22,988 · end of year $24,015

  • 17 · Accounts payable and accrued expenses

    beginning of year $46,031 · end of year $408

  • 19 · Deferred revenue

    beginning of year $37,172 · end of year $43,450

  • 27 · Net assets without donor restrictions

    beginning of year $1,804,989 · end of year $1,452,596

  • 28 · Net assets with donor restrictions

    beginning of year $2,521,829 · end of year $2,802,268

Mission and programs · 2024

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.

  • We identified a need to purchase land for future development to provide long term care in the community. Proceeds from board designated invested funds were utilized and provided to Valley Homes and Services, a related organization, to go towards the land purchase.

    Expenses $662,387

  • We identified a need for interior renovations at Tufte Manor. Proceeds from Myra Foundation grant and other designated funds were utilized for the project.

    Expenses $37,258 · Revenue $37,258

  • We identified a need for spiritual care when the first Valley Senior Living facility opened 100 years ago. We believe spiritual care is important in the lives of our residents. These funds were used to help continue the chaplaincy program for all residents, family and staff. Valley Senior Living employee two full-time chaplains and also has two flex chaplains.

    Expenses $9,723 · Revenue $9,723

  • Other 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.

    Expenses $189,150 · Revenue $189,150

As filed on the 2024 return.

Listed in Part VII

  • Garth Rydland

    President/CEO Valley Senior Living

    Total calculated
    $310,079
    From this org
    $0
    From related orgs
    $286,652
    Other
    $23,427
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $270,457 related
    Bonus
    $0 + $16,195 related
    Other
    $0
    Deferred
    $0 + $17,480 related
    Nontaxable benefits
    $0 + $5,947 related
    Filer's total
    $0 + $310,079 related

  • Gina Roller

    Administrator Valley Senior Living on 42nd

    Total calculated
    $212,932
    From this org
    $0
    From related orgs
    $195,249
    Other
    $17,683
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $187,249 related
    Bonus
    $0 + $8,000 related
    Other
    $0
    Deferred
    $0 + $11,951 related
    Nontaxable benefits
    $0 + $5,732 related
    Filer's total
    $0 + $212,932 related

  • Lorilee Bott

    CFO

    Total calculated
    $201,024
    From this org
    $0
    From related orgs
    $180,588
    Other
    $20,436
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,588 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $11,726 related
    Nontaxable benefits
    $0 + $8,710 related
    Filer's total
    $0 + $201,024 related

  • Adam Edwards

    Chief Human Resource Officer

    Total calculated
    $196,321
    From this org
    $0
    From related orgs
    $172,396
    Other
    $23,925
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $163,958 related
    Bonus
    $0 + $8,438 related
    Other
    $0
    Deferred
    $0 + $11,279 related
    Nontaxable benefits
    $0 + $12,646 related
    Filer's total
    $0 + $196,321 related

  • Jessica Baumgarten

    Director of Nursing Valley Senior Living on Columbia

    Total calculated
    $187,304
    From this org
    $0
    From related orgs
    $169,024
    Other
    $18,280
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $169,024 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,562 related
    Nontaxable benefits
    $0 + $7,718 related
    Filer's total
    $0 + $187,304 related

  • Jennifer Schultz

    Director of Nursing Woodside Village

    Total calculated
    $161,749
    From this org
    $0
    From related orgs
    $145,002
    Other
    $16,747
    Hours/week
    0 + 40 related

  • Angela Goulet

    Tufte Manor Administrator, Dir PCS TM and WT

    Total calculated
    $149,595
    From this org
    $0
    From related orgs
    $128,895
    Other
    $20,700
    Hours/week
    0 + 40 related

  • Sally Grosgebauer

    Marketing Coordinator

    Total calculated
    $119,346
    From this org
    $0
    From related orgs
    $100,883
    Other
    $18,463
    Hours/week
    6 + 34 related

  • Shaun Havis

    President Valley Senior Living Foundation

    Total calculated
    $116,349
    From this org
    $97,540
    From related orgs
    $0
    Other
    $18,809
    Hours/week
    40

  • Carol Svendson

    Chairperson

    Total calculated
    $0
    Hours/week
    0

  • Scott Berge

    Treasurer

    Total calculated
    $0
    Hours/week
    0

  • Megan Flom

    Secretary

    Total calculated
    $0
    Hours/week
    0

  • Brittany Caillier

    Vice Chair

    Total calculated
    $0
    Hours/week
    0

  • Monica Musich

    Director

    Total calculated
    $0
    Hours/week
    0

  • Kathleen Meagher

    Director

    Total calculated
    $0
    Hours/week
    0

  • Margaret Reed

    Ex Officio

    Total calculated
    $0
    Hours/week
    0

  • Dwight Thompson

    Ex Officio

    Total calculated
    $0
    Hours/week
    0

  • Chris Wolf

    Director

    Total calculated
    $0
    Hours/week
    0

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
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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 4
Valley Senior Living, a related organizaiton, participates in a 457B plan.

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
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202503169349307050

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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