Overview
What is Valley Mental Health Incorporated?
Valley Mental Health Incorporated is a Salt Lake City, Utah-based nonprofit organization, also conducting business as Valley Behavioral Health. With a workforce of 955 dedicated individuals, they are committed to delivering mental health and substance abuse services in Salt Lake, Summit, and Tooele counties. Their mission revolves around providing and managing mental health and addiction care, catering to the needs of the local community. Their services encompass both outpatient and inpatient treatments for mentally ill adults.
What are the reviews and ratings of this charity?
94% rating from Charity Navigator indicates that Valley Mental Health Incorporated is a highly trustworthy organization, achieving a Four-Star out of Four Star rating. This score reflects strong performance in both accountability and finance, as well as in culture and community. Their commitment to financial transparency is evident, with key metrics such as a material diversion of assets score of 10 out of 10 and a program expense ratio of 79.17%, indicating that a significant portion of their funding is directed towards their programs.
The organization showcases an independent board of directors, with all eight members being independent, which enhances their governance structure. Their scores reflect effective oversight, with a well-developed audit and oversight committee and comprehensive policies in place, including conflict of interest and whistleblower policies. This demonstrates a solid framework for ethical governance and accountability.
While the organization appears to excel in many areas, ongoing evaluation of their community impact and program effectiveness will be essential to maintain and strengthen their high rating. Overall, Valley Mental Health Incorporated stands out for its financial health and governance practices, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Mental Health Incorporated legitimate?
Valley Mental Health Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Mental Health Incorporated 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: $1,474,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,645,537
For more financial information, click here
What is the mission statement of Valley Mental Health Incorporated?
Valley Mental Health Incorporated is dedicated to delivering mental health and substance abuse services in their community. Their mission encompasses providing essential care for those struggling with mental illness and addiction issues. Through offering both outpatient and inpatient treatments, they cater to mentally ill adults in need of support. Their ultimate goal is to improve the wellbeing and overall health of individuals in their care. Additionally, they strive to ensure accessible services for those residing in Salt Lake, Summit, and Tooele Counties. By prioritizing mental health and substance abuse treatment, Valley Mental Health Incorporated plays a vital role in fostering healthier communities.
Who is the CEO of Valley Mental Health Incorporated?
Jared Sanford is the CEO of Valley Mental Health Incorporated The CEO's salary of Valley Mental Health Incorporated is $344,147 and their total compensation is $380,432.
What is the revenue of Valley Mental Health Incorporated?
Valley Mental Health Incorporated's revenue in 2023 was $73,830,268.
Who are the executives of Valley Mental Health Incorporated and what are their salaries?
The average compensation at Valley Mental Health Incorporated during 2023 was $35,616. There are 958 employees and 8 volunteers at Valley Mental Health Incorporated.
Here are 16 key members and their salaries (Valley Mental Health Incorporated's CEO's salary is $344,147 and their total compensation is $380,432):
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- Compensation: $344,147
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- Other: $36,285
- Compensation: $351,247
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- Other: $36,403
- Compensation: $186,556
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- Other: $29,544
- Compensation: $102,354
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- Other: $19,866
- Compensation: $136,572
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- Other: $27,039
- Compensation: $136,833
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- Other: $6,169
- Compensation: $53,847
- Related: $0
- Other: $7,293
Where can I find the form 990 for Valley Mental Health Incorporated?
Valley Mental Health Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Valley Mental Health Incorporated
Valley Mental Health Incorporated, a renowned nonprofit organization, is dedicated to delivering mental health services and addressing alcohol and drug abuse issues within the Salt Lake, Summit, and Tooele County areas. With a compassionate mission, the organization strives to provide essential care and support for individuals grappling with mental health concerns and addiction.
Valley Mental Health Incorporated's primary focus is on administering mental health services and working towards the recovery of those dealing with substance abuse. Through its outpatient and inpatient programs, the organization extends vital assistance to mentally ill adults in their journey towards wellbeing. The organization's commitment to this cause is unwavering, making it an invaluable resource for the community it serves.
In addition to mental health services, Valley Mental Health Incorporated is also dedicated to helping individuals overcome alcohol and drug abuse. By offering comprehensive care, the organization empowers its clients to regain control of their lives and move towards a healthier future. With a passionate team of professionals, Valley Mental Health Incorporated stands as a beacon of hope and healing for those in need.
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Impact
October, 2024
Valley Mental Health Incorporated plays a vital role in the well-being of communities in Salt Lake, Summit, and Tooele Counties, Utah, by providing essential mental health and substance abuse services. By offering both outpatient and inpatient treatment options, the organization addresses the needs of mentally ill adults, ensuring access to critical support and care. This comprehensive approach not only aids individuals in their recovery journeys but also contributes to a healthier community overall. With a mission focused on mental health and alcohol and drug abuse services, Valley Mental Health fosters resilience and improves the quality of life for those facing mental health challenges in the region.
This information is meant to be a general summary of Valley Mental Health Incorporated. 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: $159,011
- Program Service Revenue: $7,194,588
- Gross Receipts: $74,014,937
Assets and Liabilities:
- Total Assets: $60,247,434
- Total Liabilities: $6,839,425
- Net Assets: $53,408,009
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID & MEDICARE
Revenue
$7,194,588
Organization Details
Founding Year
1984
Principal Officer
Spencer Seaquist
NTEE Category
Code: F300 - Mental health
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