Progress Valley Inc Corporate Offices
- Assets
- $15.2m
- Revenue
- $5.5m
- Investments
- $5.6m
- Employees
- 82
- Location
- Bloomington, MN
- Founding
- 03/1973
- Data as of
- 12/2021
- EIN
- 41-0979451
Organization Overview
Progress Valley Inc Corporate Offices is located in Bloomington, MN. The organization was established in 1973. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Progress Valley Inc Corporate Offices employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Progress Valley Inc Corporate Offices is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Progress Valley Inc Corporate Offices generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROGRESS VALLEY PROVIDES A CONTINUUM OF RECOVERY SUPPORT SERVICES WHICH ENCOURAGES AND GUIDES INDIVIDUALS TO LEAD RESPONSIBLE, FULFILLING, CHEMICAL-FREE LIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL PROGRAMS: TOTAL # OF RESIDENTIAL CLIENTS SERVED - TOTAL 346 ( PV2-165 PV3-181)OCCUPANCY RATES - PV2 WOMEN 84% PV3 MEN 76%SUCCESSFUL COMPLETION OF RESIDENTIAL - PV2 WOMEN 61% PV3 MEN 57% TOTAL # OF OUTPATIENT CLIENTS SERVED - TOTAL 169 (PV2 OUT-169)SUCCESSFUL COMPLETETION OF OUTPATIENT - PV2 OUT 63% ASSESSMENTS - TOTAL 107SOBER HOUSING: TOTAL # OF TENANTS SERVED - 81 (35 MALE, 46 FEMALE)OCCUPANCY RATES - MEN 76% WOMEN 82%AVERAGE STAY - MEN 6.9 MONTHS WOMEN 10.5 MONTHSSUCCESSFUL COMPLETION/MOVE OUT - MEN 82% WOMEN 83%EMPLOYMENT/SCHOOL - MEN 88% WOMEN 63%OUTPATIENT WITH HOUSING: TOTAL # OF CLIENTS SERVED - 87 (42 MALE, 45 FEMALE)AVERAGE STAY - MEN 51.4 DAYS, WOMEN 60.3 DAYSSUCCESSFUL COMPLETION - MEN 67%, WOMEN 82%
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Bostrom Executive Dir. | Officer | 40 | $225,078 |
Kris Kiltie Former Finance & It Director | 40 | $107,471 | |
Jennifer White Director Of Residential Services & Compliance | Officer | 40 | $102,626 |
Chris Taute Finance & It Director | Officer | 40 | $24,099 |
Phyllis Burger Secretary | OfficerTrustee | 1 | $0 |
Ericka Miller Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,869 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,869 |
| Total Program Service Revenue | $5,158,513 |
| Investment income | $103,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $149,969 |
| Net Income from Fundraising Events | $3,484 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,453,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $256,955 |
| Compensation of current officers, directors, key employees. | $19,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,814,975 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $471,223 |
| Payroll taxes | $212,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,257 |
| Advertising and promotion | $2,489 |
| Office expenses | $25,685 |
| Information technology | $100,975 |
| Royalties | $0 |
| Occupancy | $354,834 |
| Travel | $7,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,505 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $338,366 |
| Insurance | $100,175 |
| All other expenses | $19,862 |
| Total functional expenses | $5,363,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,132,094 |
| Savings and temporary cash investments | $1,173,851 |
| Pledges and grants receivable | $750 |
| Accounts receivable, net | $696,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $95,945 |
| Net Land, buildings, and equipment | $6,500,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,618,461 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,217,418 |
| Accounts payable and accrued expenses | $421,475 |
| Grants payable | $0 |
| Deferred revenue | $13,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,227,276 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,662,351 |
| Net assets without donor restrictions | $13,555,067 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,217,418 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Progress Valley Inc Corporate Offices has recieved totaling $535.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $535 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Community Services Inc West Des Moines, IA | $13,692,066 | $14,484,851 |
Tellurian Inc Madison, WI | $4,497,126 | $12,734,834 |
Guardian Angels Health And Rehabilitation Center Hibbing, MN | $12,927,981 | $8,356,792 |
Impact Alcohol And Other Drug Abuse Services Inc Milwaukee, WI | $3,065,671 | $6,636,442 |
Progress Valley Inc Corporate Offices Bloomington, MN | $15,217,418 | $5,453,963 |
Employee And Family Resources Inc Des Moines, IA | $4,290,436 | $5,349,255 |
Sirona Recovery Inc Milwaukee, WI | $815,626 | $4,508,593 |
Wellcome Manor Family Services Garden City, MN | $3,918,933 | $4,288,248 |
Cochran Recovery Services Inc Hastings, MN | $1,839,675 | $3,389,258 |
Arbor Place Inc Menomonie, WI | $4,357,291 | $3,291,804 |
Hazelden Chicago Center City, MN | $54,886,729 | $3,515,958 |
Eisenhower Center Inc Milwaukee, WI | $1,406,201 | $1,951,237 |