Form 990 for tax year 2023
Filed by VALLEY BEHAVIORAL HEALTH INCORPORATED.
Totals
- Total revenue
- $73,830,268
- Total expenses
- $78,223,188
- Contributions and grants received
- $66,079,584
- Grants paid
- $0
- Program service revenue
- $7,194,588
- Investment income
- -$6,158
- Other revenue
- $562,254
- Total assets, end of year
- $61,007,084
- Total liabilities, end of year
- $11,890,175
- Net assets or fund balances, end of year
- $49,116,909
- Program services expenses (Part IX)
- $63,127,769
- Management and general expenses
- $14,743,397
- Fundraising expenses
- $352,022
- Program service expenses (Part III)
- $63,127,769
Program services were 80.7% 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)
$66,079,584
-
2a · Program service revenue: MEDICAID & MEDICARE
total $7,194,588 · related or exempt $7,194,588
-
3 · Investment income
total $159,011 · excluded $159,011
-
6a · Gross rents
real property $331,500
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $331,500
-
6d · Net rental income or loss
total $331,500 · related or exempt $331,500
-
7a · Gross sales of assets other than inventory
other assets $19,500
-
7b · Less cost or other basis and sales expenses
other assets $184,669
-
7c · Gain or loss
other assets -$165,169
-
7d · Net gain or loss
total -$165,169 · related or exempt -$165,169
-
11a · Other revenue: OTHER INCOME
total $230,754 · related or exempt $230,754
-
11e · Other revenue, total
$230,754
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,474,156 · program services $1,189,675 · management and general $277,847 · fundraising $6,634
-
7 · Other salaries and wages
total $32,645,537 · program services $25,735,856 · management and general $6,644,340 · fundraising $265,341
-
9 · Other employee benefits
total $5,154,927 · program services $4,088,438 · management and general $1,025,192 · fundraising $41,297
-
10 · Payroll taxes
total $2,525,159 · program services $2,012,881 · management and general $491,946 · fundraising $20,332
-
11b · Fees: legal
total $87,427 · program services -$668 · management and general $88,102 · fundraising -$7
-
11g · Fees: other
total $2,936,086 · program services $1,824,002 · management and general $1,093,659 · fundraising $18,425
-
12 · Advertising and promotion
total $118,170 · program services $24,773 · management and general $93,397
-
14 · Information technology
total $1,082,696 · program services $146,192 · management and general $936,504
-
16 · Occupancy
total $269,276 · program services $215,525 · management and general $53,751
-
17 · Travel
total $165,036 · program services $150,143 · management and general $14,893
-
22 · Depreciation, depletion and amortization
total $2,538,870 · program services $1,369,167 · management and general $1,169,703
-
23 · Insurance
total $581,046 · program services $345,691 · management and general $235,355
-
24a · Other expenses: COST OF GOODS SOLD
total $19,486,613 · program services $19,486,613
-
24b · Other expenses: UTILITIES
total $3,981,882 · program services $3,305,934 · management and general $675,948
-
24c · Other expenses: OTHER OPERATING EXPENSE
total $3,336,730 · program services $1,688,094 · management and general $1,648,636
-
24d · Other expenses: PROGRAM FOOD & SUPPLIES
total $996,775 · program services $996,775
-
24e · All other expenses
total $842,802 · program services $548,678 · management and general $294,124
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $10,179,296 · end of year $7,473,136
-
4 · Accounts receivable
beginning of year $4,134,977 · end of year $7,286,987
-
8 · Inventories for sale or use
beginning of year $607,900 · end of year $571,754
-
10a · Land, buildings and equipment: cost or other basis
$62,963,010
-
10b · Land, buildings and equipment: accumulated depreciation
$28,927,942
-
10c · Land, buildings and equipment, net
beginning of year $34,871,924 · end of year $34,035,068
-
13 · Investments: program-related
beginning of year $6,647,581 · end of year $5,780,636
-
15 · Other assets
beginning of year $3,805,756 · end of year $5,859,503
-
17 · Accounts payable and accrued expenses
beginning of year $5,513,088 · end of year $8,316,946
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $1,000,000
-
25 · Other liabilities
beginning of year $1,326,337 · end of year $2,573,229
-
27 · Net assets without donor restrictions
beginning of year $49,767,112 · end of year $45,382,528
-
28 · Net assets with donor restrictions
beginning of year $3,640,897 · end of year $3,734,381
Mission and programs · 2023
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 $14,811,235 · Revenue $2,220,357
-
HOUSING - PROVIDES HOUSING AND RELATED SERVICES TO MENTALLY ILL, LOW-INCOME OR OTHER AT-RISK GROUPS.
Expenses $11,387,451 · Revenue $882,269
-
INTELLECTUAL OR DEVELOPMENTAL DISABILITIES IS FOCUSED ON THOSE IN THE AUTISM SPECTRUM.
Expenses $7,352,519 · Revenue $938,434
-
CLIENT SERVICES - PROVIDES VARIOUS ADDITIONAL PSYCHIATRIC SERVICES FOR CLIENTS.
Expenses $29,576,564 · Revenue $3,550,613
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stacy WeightSTACY WEIGHT
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Stan BeagleySTAN BEAGLEY
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John HanshawJOHN HANSHAW
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth WoolleyKENNETH WOOLLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David ClarkDAVID CLARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Russ ElbelRUSS ELBEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cameron McBrideCAMERON MCBRIDE
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lorena Riffo-JensonLORENA RIFFO-JENSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lynette HansenLYNETTE HANSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jared SanfordJARED SANFORD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $380,432
- From this org
- $344,147
- From related orgs
- $0
- Other
- $36,285
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $344,147
- Bonus
- $0
- Other
- $0
- Deferred
- $16,356
- Nontaxable benefits
- $19,929
- Filer's total
- $380,432
-
B Todd ThatcherB TODD THATCHER
VP - MEDICAL SERVICES
- Total calculated
- $387,650
- From this org
- $351,247
- From related orgs
- $0
- Other
- $36,403
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $351,247
- Bonus
- $0
- Other
- $0
- Deferred
- $16,162
- Nontaxable benefits
- $20,241
- Filer's total
- $387,650
-
Spencer SeaquistSPENCER SEAQUIST
CHIEF FINANCIAL OFFICER
- Total calculated
- $216,100
- From this org
- $186,556
- From related orgs
- $0
- Other
- $29,544
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,556
- Bonus
- $0
- Other
- $0
- Deferred
- $9,303
- Nontaxable benefits
- $20,241
- Filer's total
- $216,100
-
Julie RaelJULIE RAEL
CHIEF CLINICAL OFFICER
- Total calculated
- $122,220
- From this org
- $102,354
- From related orgs
- $0
- Other
- $19,866
- Hours/week
- 40
-
Steve HavertzSTEVE HAVERTZ
VP - ADULT SERVICES
- Total calculated
- $163,611
- From this org
- $136,572
- From related orgs
- $0
- Other
- $27,039
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,572
- Bonus
- $0
- Other
- $0
- Deferred
- $6,798
- Nontaxable benefits
- $20,241
- Filer's total
- $163,611
-
Julie WinnJULIE WINN
VP - CHILD/FAMILY/IDD SERV
- Total calculated
- $143,002
- From this org
- $136,833
- From related orgs
- $0
- Other
- $6,169
- Hours/week
- 40
-
Russell OpatzRUSSELL OPATZ
VP - HOUSING/SUPPORT SERVICES
- Total calculated
- $61,140
- From this org
- $53,847
- From related orgs
- $0
- Other
- $7,293
- Hours/week
- 40
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.
-
501(C)(3) · TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES. · UT
-
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 $297,612 · share of assets $2,520,798
Directly controlled by VBH
-
SAFE HAVEN II LLC
RELATED · LOW INCOME HOUSING · UT · 90% owned · share of income -$122,454 · share of assets $1,078,628 · general or managing partner
Directly controlled by VBH
-
VALLEY SAFE HAVEN LLC
RELATED · LOW INCOME HOUSING · UT · 90% owned · share of income -$124,176 · share of assets $329,214 · general or managing partner
Directly controlled by VBH
-
VALLEY WOODS I LC
RELATED · LOW INCOME HOUSING · UT · 90% owned · share of income -$157,772 · share of assets $380,075 · general or managing partner
Directly controlled by VBH
-
IRON HORSE PARK LC
RELATED · LOW INCOME HOUSING COMPLEX · UT · 75% owned · share of income $186,594 · share of assets $2,930,623
Directly controlled by VBH
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500929349300510
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