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Valley Assisted Living Inc

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

EIN: 841315157 ✦ Silver cliff, CO ✦ Designated as a 501(c)(3)

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Overview

What is Valley Assisted Living Inc?

Valley Assisted Living Inc, based in Silver Cliff, Colorado, is a nonprofit organization dedicated to enhancing the quality of life for the elderly. With a focus on providing housing and assisted living services, their mission is to offer a warm, homelike environment that caters to the needs of senior citizens. The organization employs a team of 31 individuals, working tirelessly to ensure the well-being and comfort of their residents. Valley Assisted Living Inc goes beyond basic care, aiming to extend the lives of seniors in a way that enriches their daily experiences.


Official website here: www.valiassistedliving.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, earning a Two-Star out of Four Star rating.

Valley Assisted Living Inc has received a Two-Star rating from Charity Navigator, indicating significant areas for improvement in accountability and finance. While the organization has a strong governance structure with 100% independent board members and a solid program expense ratio of 94.08%, the lack of financial statements impacts its overall financial transparency. This raises concerns about how the organization communicates its financial health to stakeholders.

Additionally, Valley Assisted Living Inc has documented board meeting minutes and a clear document retention policy, which are positive aspects of its governance. However, the absence of a conflict of interest policy and a whistleblower policy suggests a need for enhanced oversight and protection for individuals reporting misconduct. These gaps could affect the organization’s credibility and trustworthiness among potential donors and beneficiaries.

Overall, while Valley Assisted Living Inc demonstrates strengths in its program expenses and governance structure, it must address its financial reporting and policy shortcomings to improve its rating and accountability in the nonprofit sector.


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

Is Valley Assisted Living Inc legitimate?

Valley Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Assisted Living 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,578

For more financial information, click here


Official website here: www.valiassistedliving.com

What is the mission statement of Valley Assisted Living Inc?

Valley Assisted Living Inc's mission is centered around extending the lives of seniors while enhancing their quality of life. They strive to provide an assisted living facility that feels like home, offering a warm and inviting environment for the elderly. This organization is dedicated to improving the living conditions of senior citizens, providing them with housing and necessary assistance. The goal is to create a comfortable and fulfilling living experience, thereby contributing positively to their overall well-being.


Official website here: www.valiassistedliving.com

Who is the CEO of Valley Assisted Living Inc?

Marcia Gregg is the President of Valley Assisted Living Inc.


Official website here: www.valiassistedliving.com

What is the revenue of Valley Assisted Living Inc?

Valley Assisted Living Inc's revenue in 2022 was $649,230.


Official website here: www.valiassistedliving.com

Who are the executives of Valley Assisted Living Inc and what are their salaries?

The average compensation at Valley Assisted Living Inc during 2022 was $13,535. There are 31 employees and 15 volunteers at Valley Assisted Living Inc.


Here are 8 key members and their salaries:


Maryanne Hammond (Manager)
  • Compensation: $49,488
  • Related: $0
  • Other: $471
Mary Ellen Lasage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Leblond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Overcamp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Proctor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Gregg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Bishop (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valiassistedliving.com

Where can I find the form 990 for Valley Assisted Living Inc?

Valley Assisted Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valiassistedliving.com

Learn more at the official website: www.valiassistedliving.com

Mission Statement of Valley Assisted Living Inc

Valley Assisted Living Inc, a nonprofit organization, is dedicated to extending the lives of seniors by providing them with a warm, homelike assisted-living facility. The mission of Valley Assisted Living Inc is to enhance the quality of life for elderly individuals, offering them a comfortable and supportive environment. By offering assisted living services, the organization aims to improve the overall well-being of senior citizens, ensuring they can live their golden years with dignity and care.

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Impact




July, 2024

Valley Assisted Living Inc extends the quality of life for seniors through providing a warm and homelike assisted living facility in Silver Cliff, Colorado. Their mission is to enhance the lives of the elderly residents by offering housing and care services tailored to their specific needs. By focusing on the well-being and comfort of senior citizens, Valley Assisted Living Inc plays a crucial role in supporting the aging population and ensuring they have a safe and nurturing environment to thrive in.




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

Revenue
$649,230 (2022)
Expenses
$675,410 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $824
  • Program Service Revenue: $627,818
  • Gross Receipts: $649,230

Assets and Liabilities:

  • Total Assets: $1,004,843
  • Total Liabilities: $616,416
  • Net Assets: $388,427

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSISTED LIVING FACILIT

Revenue

$538,625

HOME HEALTH CARE

Revenue

$89,193

Organization Details

Founding Year

1995

Principal Officer

Marcia Gregg

Main Address

30 E MAIN STREET, SILVER CLIFF, CO, 81252

NTEE Category

Code: L22 - Housing

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