Overview
What is Valley Residential Services Inc?
Valley Residential Services Inc, a Michigan-based nonprofit, is primarily dedicated to providing exceptional residential care for adults with developmental disabilities. Funded by the state, the organization is situated in St. Charles, Michigan, and employs a team of 299 individuals. Their mission is to ensure high-quality living conditions and support for these adults, aiming to enhance their overall well-being and independence. The services they offer extend beyond basic care, striving to create an inclusive and nurturing environment for all residents.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)**
Valley Residential Services Inc. has received a Three-Star rating from Charity Navigator, reflecting its overall score primarily focused on Accountability & Finance. The charity demonstrates a robust commitment to governance practices, such as having a majority of independent board members and comprehensive policies in place, which contributes to its financial health and sustainability. The organization, however, does have some areas of potential improvement, as it is currently not evaluated on key metrics related to Leadership & Adaptability, Culture & Community, and Impact & Measurement.
The financial ratios presented indicate a strong program expense ratio at 91%, suggesting a significant portion of its resources is directed towards its mission. Nevertheless, the organization lacks a publicly accessible website for its financial statements, which could hinder transparency. Importantly, the absence of such documents on the nonprofit's site may deter potential donors who prioritize easy access to financial information.
Due to a failure to retrieve user reviews from GreatNonprofits, there's no additional community feedback to consider. Overall, Valley Residential Services Inc. demonstrates a solid financial foundation, yet transparency and broader evaluative measures present opportunities for growth.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Residential Services Inc legitimate?
Valley Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Residential Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $111,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,308,526
For more financial information, click here
What is the mission statement of Valley Residential Services Inc?
Valley Residential Services Inc is committed to providing top-notch residential care for adults with developmental disabilities. Their mission is centered around enhancing the quality of life for these individuals, ensuring they receive the best possible care. The organization focuses on specialized residential facilities, utilizing state funding to cater to the unique needs of these adults.
Who is the CEO of Valley Residential Services Inc?
Stephanie Riley is the Executive Di of Valley Residential Services Inc.
What is the revenue of Valley Residential Services Inc?
Valley Residential Services Inc's revenue in 2023 was $9,006,062.
Who are the executives of Valley Residential Services Inc and what are their salaries?
The average compensation at Valley Residential Services Inc during 2023 was $21,472. There are 299 employees at Valley Residential Services Inc.
Here are 6 key members and their salaries:
- Compensation: $111,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Residential Services Inc?
Valley Residential Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Valley Residential Services Inc
Valley Residential Services Inc is dedicated to providing exceptional residential care for adults who have developmental disabilities. Their mission, in simple terms, is to create an environment that caters to the unique needs of these individuals, ensuring they live with dignity and independence. The organization focuses on delivering high-quality care, understanding that every individual deserves a safe and nurturing home. They rely on funding from the state of Michigan to establish specialized residential facilities tailored to the needs of developmentally disabled adults. These facilities serve as havens, offering not only shelter but also the necessary support to help these adults lead fulfilling lives.
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Impact
July, 2024
Valley Residential Services Inc provides high-quality residential care for developmentally disabled adults in St. Charles, Michigan. Their specialized facilities offer a safe and supportive environment for individuals with developmental disabilities, enhancing their quality of life and well-being. By focusing on this mission, Valley Residential Services Inc has a significant impact on the community by meeting the unique needs of this vulnerable population and promoting their independence and dignity. Through their dedicated efforts, they contribute positively to the welfare of developmentally disabled adults and their families.
This information is meant to be a general summary of Valley Residential Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $23,562
- Program Service Revenue: $789,075
- Gross Receipts: $9,009,562
Assets and Liabilities:
- Total Assets: $2,610,591
- Total Liabilities: $261,408
- Net Assets: $2,349,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT PAYEE REVENUE
Revenue
$75,633
CLIENT PAYEE REVENUE
Revenue
$75,549
CLIENT PAYEE REVENUE
Revenue
$73,351
CLIENT PAYEE REVENUE
Revenue
$68,693
CLIENT PAYEE REVENUE
Revenue
$63,346
Organization Details
Founding Year
1986
Phone
(989) 865-9997Principal Officer
Stephanie Riley
Main Address
POBOX 186, ST CHARLES, MI, 48655
NTEE Category
Code: P80Z - Human services
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