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Nonprofiteer
← VALLEY BEHAVIORAL HEALTH INCORPORATED

Form 990 for tax year 2024

Filed by VALLEY BEHAVIORAL HEALTH INCORPORATED.

Totals

Total revenue
$76,829,487
Total expenses
$77,867,889
Contributions and grants received
$68,532,181
Grants paid
$0
Program service revenue
$7,506,778
Investment income
$202,407
Other revenue
$588,121
Total assets, end of year
$58,941,361
Total liabilities, end of year
$10,936,838
Net assets or fund balances, end of year
$48,004,523
Program services expenses (Part IX)
$63,575,236
Management and general expenses
$13,933,488
Fundraising expenses
$359,165
Program service expenses (Part III)
$63,575,236

Program services were 81.6% 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)

    $68,532,181

  • 2a · Program service revenue: MEDICAID & MEDICARE

    total $7,506,778 · related or exempt $7,506,778

  • 3 · Investment income

    total $202,407 · excluded $202,407

  • 6a · Gross rents

    real property $385,768

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $385,768

  • 6d · Net rental income or loss

    total $385,768 · related or exempt $385,768

  • 11a · Other revenue: OTHER INCOME

    total $202,353 · related or exempt $202,353

  • 11e · Other revenue, total

    $202,353

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,777,083 · program services $1,777,083

  • 7 · Other salaries and wages

    total $33,281,488 · program services $25,586,101 · management and general $7,418,991 · fundraising $276,396

  • 9 · Other employee benefits

    total $4,863,359 · program services $4,200,453 · management and general $620,477 · fundraising $42,429

  • 10 · Payroll taxes

    total $2,625,484 · program services $2,034,225 · management and general $570,711 · fundraising $20,548

  • 11b · Fees: legal

    total $146,628 · program services $2,201 · management and general $144,405 · fundraising $22

  • 11g · Fees: other

    total $2,495,593 · program services $1,957,243 · management and general $518,580 · fundraising $19,770

  • 12 · Advertising and promotion

    total $180,314 · program services $40,881 · management and general $139,433

  • 14 · Information technology

    total $1,340,215 · program services $153,919 · management and general $1,186,296

  • 16 · Occupancy

    total $247,940 · program services $247,940

  • 17 · Travel

    total $154,174 · program services $136,196 · management and general $17,978

  • 22 · Depreciation, depletion and amortization

    total $2,496,178 · program services $1,464,491 · management and general $1,031,687

  • 23 · Insurance

    total $619,823 · program services $442,907 · management and general $176,916

  • 24a · Other expenses: COST OF GOODS SOLD

    total $19,162,224 · program services $19,162,224

  • 24b · Other expenses: UTILITIES

    total $3,719,736 · program services $2,987,786 · management and general $731,950

  • 24c · Other expenses: OTHER OPERATING EXPENSE

    total $2,546,246 · program services $1,546,762 · management and general $999,484

  • 24d · Other expenses: PROGRAM FOOD & SUPPLIES

    total $1,256,059 · program services $1,255,736 · management and general $323

  • 24e · All other expenses

    total $955,345 · program services $579,088 · management and general $376,257

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $7,473,136 · end of year $8,609,171

  • 4 · Accounts receivable

    beginning of year $7,286,987 · end of year $6,239,848

  • 8 · Inventories for sale or use

    beginning of year $571,754 · end of year $781,285

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

    $63,912,832

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

    $31,229,855

  • 10c · Land, buildings and equipment, net

    beginning of year $34,035,068 · end of year $32,682,977

  • 13 · Investments: program-related

    beginning of year $5,780,636 · end of year $5,290,019

  • 15 · Other assets

    beginning of year $5,859,503 · end of year $5,338,061

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,316,946 · end of year $8,717,651

  • 23 · Secured mortgages and notes payable

    beginning of year $1,000,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,573,229 · end of year $2,219,187

  • 27 · Net assets without donor restrictions

    beginning of year $45,382,528 · end of year $44,253,049

  • 28 · Net assets with donor restrictions

    beginning of year $3,734,381 · end of year $3,751,474

Mission and programs · 2024

Mission

TO PROVIDE AND ADMINISTER MENTAL HEALTH AND ALCOHOL AND DRUG ABUSE SERVICES FOR THE SALT LAKE, SUMMIT, AND TOOELE COUNTY, UTAH AREAS.

  • ADULT SERVICES - PROVIDES OUTPATIENT AND INPATIENT SERVICES FOR MENTALLY ILL ADULTS

    Expenses $17,113,850 · Revenue $24,309,953

  • HOUSING - PROVIDES HOUSING AND RELATED SERVICES TO MENTALLY ILL, LOW-INCOME OR OTHER AT-RISK GROUPS.

    Expenses $7,446,343 · Revenue $8,622,973

  • INTELLECTUAL OR DEVELOPMENTAL DISABILITIES IS FOCUSED ON THOSE IN THE AUTISM SPECTRUM.

    Expenses $8,523,953 · Revenue $9,700,199

  • CLIENT SERVICES - PROVIDES VARIOUS ADDITIONAL PSYCHIATRIC SERVICES FOR CLIENTS.

    Expenses $30,491,090 · Revenue $34,538,226

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

Listed in Part VII

  • Jim Dunnigan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Stan Beagley

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • John Hanshaw

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Woolley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mitch Tibbitts

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Russ Elbel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cameron McBride

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Julia Hood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lynette Hansen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jared Sanford

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $424,424
    From this org
    $385,550
    From related orgs
    $0
    Other
    $38,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,550
    Bonus
    $0
    Other
    $0
    Deferred
    $15,615
    Nontaxable benefits
    $23,259
    Filer's total
    $424,424

  • B Todd Thatcher

    VP - MEDICAL SERVICES

    Total calculated
    $433,716
    From this org
    $393,440
    From related orgs
    $0
    Other
    $40,276
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $393,440
    Bonus
    $0
    Other
    $0
    Deferred
    $17,021
    Nontaxable benefits
    $23,255
    Filer's total
    $433,716

  • Spencer Seaquist

    CHIEF FINANCIAL OFFICER

    Total calculated
    $242,348
    From this org
    $208,963
    From related orgs
    $0
    Other
    $33,385
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,963
    Bonus
    $0
    Other
    $0
    Deferred
    $10,436
    Nontaxable benefits
    $22,949
    Filer's total
    $242,348

  • Julie Rael

    CHIEF CLINICAL OFFICER

    Total calculated
    $172,013
    From this org
    $154,225
    From related orgs
    $0
    Other
    $17,788
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,225
    Bonus
    $0
    Other
    $0
    Deferred
    $2,200
    Nontaxable benefits
    $15,588
    Filer's total
    $172,013

  • Steve Havertz

    VP - ADULT SERVICES

    Total calculated
    $172,560
    From this org
    $150,983
    From related orgs
    $0
    Other
    $21,577
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,983
    Bonus
    $0
    Other
    $0
    Deferred
    $7,372
    Nontaxable benefits
    $14,205
    Filer's total
    $172,560

  • Julie Winn

    VP - CHILD/FAMILY/IDD SERV

    Total calculated
    $156,455
    From this org
    $149,955
    From related orgs
    $0
    Other
    $6,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,955
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $500
    Filer's total
    $156,455

  • Russell Opatz

    VP - HOUSING/SUPPORT SERVI

    Total calculated
    $175,567
    From this org
    $149,612
    From related orgs
    $0
    Other
    $25,955
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,612
    Bonus
    $0
    Other
    $0
    Deferred
    $4,886
    Nontaxable benefits
    $21,069
    Filer's total
    $175,567

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

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or 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)

PART I, LINE 1A
THIS IS AN EXPENSE ALLOWANCE FOR VARIOUS BUSINESS EXPENSES [NOT RELATED TO OUT OF TOWN BUSINESS TRAVEL]. IF THE ENTIRE AMOUNT IS NOT USED, IT THEN BECOMES TAXABLE COMPENSATION TO THE OFFICER OR EMPLOYEE.

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.

  • VALLEY CROSSROADS

    501(C)(3) · TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES. · UT

  • VALLEY VILLA

    501(C)(3) · TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES. · UT

  • SALT LAKE MENTAL HEALTH HOUSING INC

    501(C)(3) · PROVIDE LOW INCOME HOUSING TO MENTALLY ILL PEOPLE WHO COULD NOT AFFORD IT. · UT

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • HIDDEN OAKS V

    RELATED · LOW INCOME HOUSING COMPLEX · UT · 70.31% owned · share of income $340,655 · share of assets $2,570,927

    Directly controlled by VBH

  • SAFE HAVEN II LLC

    RELATED · LOW INCOME HOUSING · UT · share of income -$90,961 · general or managing partner

    Directly controlled by VBH

  • VALLEY SAFE HAVEN LLC

    RELATED · LOW INCOME HOUSING · UT · 100% owned · share of income -$101,900 · general or managing partner

    Directly controlled by VBH

  • VALLEY WOODS I LC

    RELATED · LOW INCOME HOUSING · UT · 90% owned · share of income -$61,925 · general or managing partner

    Directly controlled by VBH

  • IRON HORSE PARK LC

    RELATED · LOW INCOME HOUSING COMPLEX · UT · 75% owned · share of income $257,391 · share of assets $2,751,785

    Directly controlled by VBH

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543219349322559

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