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Valley Senior Living Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450392710 ✦ Grand forks, ND ✦ Designated as a 501(c)(3)

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Overview

What is Valley Senior Living Foundation?

Valley Senior Living Foundation is a nonprofit organization situated in Grand Forks, North Dakota, with an address at 2900 14th Ave S. Established over nine decades ago, the foundation's primary focus is addressing the spiritual needs of its residents, considering it an essential aspect of their overall well-being. To accomplish this, the foundation employs two full-time chaplains and additional flex chaplains. The primary mission of Valley Senior Living Foundation is to secure philanthropic donations to fund an endowment and bolster services that improve the living conditions and care for the residents. The foundation's activities are geared towards supporting the residents, their families, and the staff within the Valley Senior Living facilities.


Official website here: www.valleyseniorliving.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star rating)

Valley Senior Living Foundation has achieved a solid score of 89% based on its Accountability & Finance metrics, which reflects strong governance and financial management practices. The organization has a fully independent board, with 81% of its members meeting independence criteria, and demonstrates transparency through comprehensive documentation and policies, such as conflict of interest and whistleblower policies.

The foundation's financial statements are well-structured, with a low liabilities to assets ratio of 1.90%, indicating stability and effective resource utilization. However, the Program Expense Ratio is 64.73%, which suggests that while the majority of expenses are directed toward programs, there is room for improvement in maximizing programmatic spending relative to other costs.

Overall, Valley Senior Living Foundation exhibits commendable financial health and accountability, making it a reliable option for donors interested in supporting its mission. Nonetheless, stakeholders may want to monitor how effectively the organization can increase its program spending over time.


This AI summary has been generated from information found on Charity Navigator.

Is Valley Senior Living Foundation legitimate?

Valley Senior Living Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Senior Living Foundation 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: $124,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,327

For more financial information, click here


Official website here: www.valleyseniorliving.org

What is the mission statement of Valley Senior Living Foundation?

The Valley Senior Living Foundation's mission is to secure philanthropic contributions to sustain an endowment fund and improve the care of its residents. The primary goal is to augment services that enrich the living experiences of the elderly residents residing in Valley Senior Living. To achieve this, the foundation accepts generous donations to perpetuate its endowment fund. These funds are then utilized to bolster services, with a notable focus on spiritual care, which has been identified as crucial since the establishment of their facilities nearly a century ago. The foundation employs full-time and flex chaplains to cater to the spiritual needs of residents, their families, and staff.


Official website here: www.valleyseniorliving.org

Who is the CEO of Valley Senior Living Foundation?

Shaun Havis is the President/Ceo Valley Senior Living of Valley Senior Living Foundation. The CEO's salary of Valley Senior Living Foundation is $0 and their total compensation is $300,429.


Official website here: www.valleyseniorliving.org

What is the revenue of Valley Senior Living Foundation?

Valley Senior Living Foundation's revenue in 2023 was $509,238.


Official website here: www.valleyseniorliving.org

Who are the executives of Valley Senior Living Foundation and what are their salaries?

There 178 volunteers at Valley Senior Living Foundation.


Here are 17 key members and their salaries (Valley Senior Living Foundation's CEO's salary is $0 and their total compensation is $300,429):


Garth Rydland (President/Ceo Valley Senior Living)
  • Compensation: $0
  • Related: $274,628
  • Other: $25,801
Gina Roller (Administrator Valley Senior Living On 42Nd)
  • Compensation: $0
  • Related: $170,772
  • Other: $19,668
Lorilee Bott (Cfo)
  • Compensation: $0
  • Related: $156,594
  • Other: $25,962
Jessica Baumgarten (Director Of Nursing Valley Senior Living On Columbia)
  • Compensation: $0
  • Related: $125,277
  • Other: $31,176
Jennifer Schultz (Director Of Nursing Woodside Village)
  • Compensation: $0
  • Related: $129,411
  • Other: $23,104
Angela Goulet (Tufte Manor Administrator, Dir Pcs Tm And Wt)
  • Compensation: $0
  • Related: $118,616
  • Other: $32,351
Adam Edwards (Chief Human Resource Officer)
  • Compensation: $0
  • Related: $131,525
  • Other: $13,276
Shaun Havis (President Valley Senior Living Foundation)
  • Compensation: $76,876
  • Related: $0
  • Other: $28,302
Scott Berge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Brekke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Vaaler (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Svedson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Caillier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Flom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Musich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Hoistad (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Reed (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyseniorliving.org

Where can I find the form 990 for Valley Senior Living Foundation?

Valley Senior Living Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.valleyseniorliving.org

Learn more at the official website: www.valleyseniorliving.org

Mission Statement of Valley Senior Living Foundation

Valley Senior Living Foundation, a nonprofit organization, is committed to its mission of obtaining philanthropic donations to sustain an endowment fund. This fund, in turn, supports services that aim to enhance the quality of life for the residents of Valley Senior Living. Recognizing the significance of spiritual care, the foundation has dedicated resources to continue its chaplaincy program, ensuring that both residents, their families, and staff have access to spiritual support. The organization employs two full-time chaplains and supplements their team with two part-time chaplains, underscoring their dedication to addressing the spiritual needs of their community.

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Impact




July, 2024

Valley Senior Living Foundation's impact can be seen in the enhanced care and support provided to the residents of Valley Senior Living. Through philanthropic gifts and the establishment of an endowment fund, the foundation ensures that important services, such as spiritual care through a chaplaincy program, are sustained for the well-being of residents, families, and staff. By employing full-time chaplains and flex chaplains, Valley Senior Living Foundation addresses the spiritual needs of individuals in a meaningful way, contributing to a holistic approach to care in Grand Forks, North Dakota.




This information is meant to be a general summary of Valley Senior Living Foundation. 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.

Revenue
$509,238 (2023)
Expenses
$336,140 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,048
  • Gross Receipts: $553,044

Assets and Liabilities:

  • Total Assets: $3,666,739
  • Total Liabilities: $70,024
  • Net Assets: $3,596,715

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Organization Details

Founding Year

1985

Principal Officer

Shaun Havis

Main Address

2900 14th Ave S, Grand Forks, ND, 58201

NTEE Category

Code: E91I - Health

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