Skip to content
Nonprofiteer
← VALLEY CHARITIES INC

Form 990 for tax year 2024

Filed by VALLEY CHARITIES INC.

Totals

Total revenue
$9,162,410
Total expenses
$9,014,216
Contributions and grants received
$9,108,739
Grants paid
$6,805,086
Program service revenue
$0
Investment income
$1,661
Other revenue
$52,010
Total assets, end of year
$2,157,438
Total liabilities, end of year
$878,808
Net assets or fund balances, end of year
$1,278,630
Program services expenses (Part IX)
$8,929,009
Management and general expenses
$85,207
Fundraising expenses
$0
Program service expenses (Part III)
$8,929,009

Program services were 99.1% 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.

  • 1e · Government grants (contributions)

    $7,894,906

  • 1f · All other contributions, gifts and grants

    $1,213,833

  • 3 · Investment income

    total $1,661 · excluded $1,661

  • 10a · Gross sales of inventory

    $488,458

  • 10b · Cost of goods sold

    $442,704

  • 10c · Net income from sales of inventory

    total $45,754 · related or exempt $45,754

  • 11a · Other revenue: ECOMMERCE REVENUE

    total $6,256 · related or exempt $6,256

  • 11e · Other revenue, total

    $6,256

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $500,648 · program services $500,648

  • 2 · Grants to domestic individuals

    total $6,304,438 · program services $6,304,438

  • 5 · Compensation of officers, directors and key employees

    total $164,467 · program services $156,244 · management and general $8,223

  • 7 · Other salaries and wages

    total $1,210,841 · program services $1,157,971 · management and general $52,870

  • 10 · Payroll taxes

    total $102,514 · program services $97,388 · management and general $5,126

  • 11c · Fees: accounting

    total $17,300 · program services $17,300

  • 11f · Fees: investment management

    total $310 · management and general $310

  • 11g · Fees: other

    total $45,849 · program services $45,849

  • 12 · Advertising and promotion

    total $17,636 · program services $17,248 · management and general $388

  • 13 · Office expenses

    total $122,107 · program services $118,549 · management and general $3,558

  • 14 · Information technology

    total $9,477 · program services $9,263 · management and general $214

  • 16 · Occupancy

    total $221,931 · program services $219,456 · management and general $2,475

  • 17 · Travel

    total $49,780 · program services $49,780

  • 20 · Interest

    total $28,534 · program services $25,681 · management and general $2,853

  • 22 · Depreciation, depletion and amortization

    total $69,931 · program services $62,938 · management and general $6,993

  • 23 · Insurance

    total $29,597 · program services $27,525 · management and general $2,072

  • 24a · Other expenses: RETURN OF GRANT FUNDS

    total $100,998 · program services $100,998

  • 24b · Other expenses: EQ, REPAIRS, MAINT

    total $16,059 · program services $16,059

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,799 · program services $1,674 · management and general $125

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,500 · end of year $1,500

  • 2 · Savings and temporary cash investments

    beginning of year $795,396 · end of year $818,315

  • 3 · Pledges and grants receivable

    beginning of year $118,497 · end of year $269,560

  • 8 · Inventories for sale or use

    beginning of year $147,748 · end of year $193,502

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

    $1,929,998

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

    $1,103,310

  • 10c · Land, buildings and equipment, net

    beginning of year $892,523 · end of year $826,688

  • 15 · Other assets

    beginning of year $47,084 · end of year $47,873

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,464 · end of year $118,899

  • 19 · Deferred revenue

    end of year $4,823

  • 23 · Secured mortgages and notes payable

    beginning of year $789,946 · end of year $755,086

  • 27 · Net assets without donor restrictions

    beginning of year $977,640 · end of year $972,531

  • 28 · Net assets with donor restrictions

    beginning of year $149,698 · end of year $306,099

Mission and programs · 2024

Mission

ENHANCE OUR COMMUNITY'S RESOURCES, HEALTH AND SOCIAL WELL-BEING THROUGH OUR WORK AND PARTNERSHIPS.

  • HOUSING ASSISTANCE PROGRAMS: THROUGH SEVERAL GRANTS, WE PARTNER WITH SEVEN OTHER MAT-SU AGENCIES TO PROVIDE HOUSING ASSOCIATED SERVICES TO PREVENT RESIDENTS FROM BEING HOMELESS.

    Expenses $6,805,086 · Grants $6,805,086

  • MERCHANDISE VOUCHERS/THRIFT STORE: THIS PROGRAM RECYCLES DONATED GOODS TO BENEFIT THOSE IN MOST NEED BY PROVIDING CLOTHING IN-KIND. THIS PROGRAM IS OPERATED THROUGH OUR THRIFT STORE: WHICH IS OWNED BY A VOLUNTEER BOARD; ALL THRIFT STORE PROCEEDS ARE ALLOCATED TO PROGRAMS AND OPERATIONS.

    Expenses $442,704 · Revenue $488,458

  • MAT-SU REENTRY PROGRAM. WE WORK ALONGSIDE MAT-SU ORGANIZATIONS WHOSE MEMBERS PASSIONATELY SUPPORT INCREASING PUBLIC SAFETY THROUGH ENHANCING THE WELL-BEING OF FORMER PRISONERS BY ASSISTING THEM TO BECOME SUCCESSFUL CITIZENS IN OUR COMMUNITY.

    Expenses $98,947

  • DURABLE MEDICAL EQUIPMENT LENDING PROGRAM - VALLEY CHARITIES, INC. PROVIDES A RANGE OF DURABLE MEDICAL EQUIPMENT TO HELP IMPROVE YOUR QUALITY OF LIFE IN YOUR TIME OF NEED AT NO COST TO MAT-SU VALLEY RESIDENTS.

    Expenses $1,582,272

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Rozzi

    CEO

    Total calculated
    $95,002
    From this org
    $95,002
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kimberly Byrwa

    CFO

    Total calculated
    $69,465
    From this org
    $69,465
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jeremy Collier

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mabel Wimmer

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Cara Thomas

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mae Hayes

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Lamarr Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Sweet

    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.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2026
IRS schema version
2024v5.0
Source object
202611289349304101

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

The source document this was parsed from is served over the API, which is where bulk and document access live.