Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $35,000

• 2a · Program service revenue: VALEO COMMUNITY RESIDE

  total $544,806 · related or exempt $544,806

• 3 · Investment income

  total $10,067 · excluded $10,067

• 7a · Gross sales of assets other than inventory

  securities $221

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

  securities $0

• 7c · Gain or loss

  securities $221

• 7d · Net gain or loss

  total $221 · excluded $221

• 11a · Other revenue: OTHER INCOME

  total $200 · related or exempt $200

• 11e · Other revenue, total

  $200

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $362,219 · program services $340,418 · management and general $21,801

• 8 · Pension plan contributions

  total $2,945 · program services $2,768 · management and general $177

• 9 · Other employee benefits

  total $33,046 · program services $31,057 · management and general $1,989

• 10 · Payroll taxes

  total $23,474 · program services $22,061 · management and general $1,413

• 11c · Fees: accounting

  total $9,980 · program services $9,379 · management and general $601

• 11f · Fees: investment management

  total $749 · management and general $749

• 11g · Fees: other

  total $34,029 · program services $24,650 · management and general $9,379

• 12 · Advertising and promotion

  total $2,000 · fundraising $2,000

• 13 · Office expenses

  total $352 · program services $352

• 16 · Occupancy

  total $29,089 · program services $29,089

• 17 · Travel

  total $4,211 · management and general $490 · fundraising $3,721

• 22 · Depreciation, depletion and amortization

  total $32,014 · program services $31,328 · management and general $686

• 23 · Insurance

  total $9,216 · program services $8,177 · management and general $1,039

• 24a · Other expenses: FOOD AND CLIENT SUPPLIE

  total $29,374 · program services $29,374

• 24b · Other expenses: MAINTENANCE & REPAIRS

  total $25,294 · program services $25,294

• 24c · Other expenses: CLIENT TRANSPORTATION

  total $5,571 · program services $5,571

• 24d · Other expenses: DUES AND MEMBERSHIPS

  total $315 · program services $275 · management and general $40

• 24e · All other expenses

  total $7,208 · program services $166 · management and general $7,042

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $184,473 · end of year $194,957

• 4 · Accounts receivable

  beginning of year $50,496 · end of year $31,656

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,700 · end of year $8,405

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

  $762,588

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

  $670,294

• 10c · Land, buildings and equipment, net

  beginning of year $122,811 · end of year $92,294

• 11 · Investments: publicly traded securities

  beginning of year $233,780 · end of year $254,335

• 15 · Other assets

  beginning of year $2,951 · end of year $30,430

• 17 · Accounts payable and accrued expenses

  beginning of year $9,601 · end of year $30,462

• 27 · Net assets without donor restrictions

  beginning of year $590,610 · end of year $581,615

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.