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Valley Hope Association Foundation

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

EIN: 481236586 ✦ Norton, KS ✦ Designated as a 501(c)(3)

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Overview

What is Valley Hope Association Foundation?

The Valley Hope Association Foundation is a charitable arm of Valley Hope Association, a recognized nonprofit organization based in Norton, Kansas. With a mission to aid patients and their families in overcoming addiction to alcohol and other drugs, the Foundation secures donations and grants to support their treatment and recovery journey. Established with a team of four dedicated individuals, the Foundation plays a crucial role in making quality addiction treatment services more accessible and affordable for those in need.


Official website here: www.valleyhope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Stars)

The Valley Hope Association Foundation has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a score of 91%, the organization demonstrates effective financial practices, including a high percentage of independent board members and robust oversight of its financial statements. The lack of any material diversion of assets enhances its credibility, showcasing transparent operational management.

Strengths highlighted include a well-structured governance model with 81% of board members being independent and comprehensive financial policies in place, such as conflict of interest and whistleblower policies. These measures contribute to its high Accountability & Finance score, indicating an organization that prioritizes ethical practices and responsible financial management.

However, while the program expense ratio is relatively strong at 66.48%, the fundraising efficiency ratio of $0.30 suggests room for improvement in how funds are raised and utilized. This might indicate that fundraising efforts could be more effective in translating donations into programmatic impact. Overall, the foundation stands out for its dedication to transparency and governance while also recognizing areas for growth in fundraising strategies.


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

Is Valley Hope Association Foundation legitimate?

Valley Hope Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Hope Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,417

For more financial information, click here


Official website here: www.valleyhope.org

What is the mission statement of Valley Hope Association Foundation?

The Valley Hope Association Foundation's mission is geared towards securing charitable donations and grants to aid individuals seeking treatment and recovery from addiction to alcohol and other drugs, through the Valley Hope Association. The foundation, serving as the fundraising arm of the organization, aims to provide financial assistance to patients and their families during their recovery journey. By securing these charitable gifts and grants, the foundation seeks to support the Valley Hope Association's mission of providing quality, affordable addiction treatment services.


Official website here: www.valleyhope.org

Who is the CEO of Valley Hope Association Foundation?

Steve Knuth is the Chairman of Valley Hope Association Foundation.


Official website here: www.valleyhope.org

What is the revenue of Valley Hope Association Foundation?

Valley Hope Association Foundation's revenue in 2022 was $2,377,369.


Official website here: www.valleyhope.org

Who are the executives of Valley Hope Association Foundation and what are their salaries?

The average compensation at Valley Hope Association Foundation during 2022 was $87,104. There are 4 employees and 40 volunteers at Valley Hope Association Foundation.


Here are 13 key members and their salaries:


Steve Knuth (Chairman)
  • Compensation: $0
  • Related: $358,595
  • Other: $675
Megan O'Connor (Secretary)
  • Compensation: $0
  • Related: $113,917
  • Other: $38,984
Lisa Ruzicka (Asst Secretary)
  • Compensation: $0
  • Related: $48,658
  • Other: $12,954
Scott Bahe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Miller (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lolley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bohart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Whitted Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ritchie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Demaree (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Evans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Pachner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Jacobson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyhope.org

Where can I find the form 990 for Valley Hope Association Foundation?

Valley Hope Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleyhope.org

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

Mission Statement of Valley Hope Association Foundation

The Valley Hope Association Foundation, a charitable organization, is dedicated to securing donations and grants to aid patients and their families seeking treatment and recovery from addiction to alcohol and other drugs. Established as the fundraising arm of Valley Hope Association (VHA), a renowned nonprofit organization, the Foundation's mission is to provide financial assistance to VHA patients and their families during their journey towards recovery. By securing charitable gifts and grants, the Valley Hope Association Foundation aims to make quality addiction treatment services more accessible and affordable for those in need.

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Impact




June, 2024

Valley Hope Association Foundation's impact lies in providing crucial support for individuals and their families seeking treatment and recovery from addiction to alcohol and other drugs. By securing charitable gifts and grants, the Foundation aids Valley Hope Association patients in accessing quality addiction treatment services at an affordable price. This direct assistance helps empower individuals to overcome their struggles with addiction, promoting mental health and well-being within communities.




This information is meant to be a general summary of Valley Hope Association 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
$2,377,369 (2022)
Expenses
$2,370,753 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$315,563
  • Gross Receipts: $3,452,216

Assets and Liabilities:

  • Total Assets: $6,643,427
  • Total Liabilities: $490,193
  • Net Assets: $6,153,234

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Organization Details

Founding Year

2000

Principal Officer

Steve Knuth

Main Address

PO BOX 59, NORTON, KS, 67654

NTEE Category

Code: F110 - Mental health

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