Valley Recovery Resources
- Assets
- $1.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 39
- Location
- Modesto, CA
- Founding
- 08/2011
- Data as of
- 06/2023
- EIN
- 45-1355075
Organization Overview
Valley Recovery Resources is located in Modesto, CA. The organization was established in 2011. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Valley Recovery Resources employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Recovery Resources 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 06/2023, Valley Recovery Resources generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 9.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES THROUGH CLEAN AND SOBER LIVING FACILITIES TO ALLOW INDIVIDUALS AND THEIR FAMILIES SEEKING RECOVERY TO LIVE A DRUG-FREE AND PRODUCTIVE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SERVICES THROUGH CLEAN AND SOBER LIVING FACILITIES TO ALLOW INDIVIDUALS AND THEIR FAMILIES SEEKING RECOVERY TO LIVE A DRUG-FREE AND PRODUCTIVE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Nydam President | OfficerTrustee | 2 | $0 |
Linda Shepard Secretary | OfficerTrustee | 1 | $0 |
Tom La Core Treasurer | OfficerTrustee | 1 | $0 |
Jeff Layman Vice President | OfficerTrustee | 2 | $0 |
Leah Ashford Director | Trustee | 1 | $0 |
Craig Battisfore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $60,575 |
| Related organizations | $0 |
| Government grants | $2,269,805 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,523 |
| Noncash contributions included in lines 1a–1f | $13,435 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,672,903 |
| Total Program Service Revenue | $0 |
| Investment income | $91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $80,667 |
| Net Gain/Loss on Asset Sales | -$5,384 |
| Net Income from Fundraising Events | -$53,134 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,756,789 |
| 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. | $203,455 |
| Compensation of current officers, directors, key employees. | $91,353 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,289,649 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,294 |
| Payroll taxes | $117,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $136,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $173,513 |
| Travel | $3,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,274 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,548 |
| Insurance | $38,154 |
| All other expenses | $160,981 |
| Total functional expenses | $2,606,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,038 |
| Savings and temporary cash investments | $50,486 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $488,028 |
| 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 | $40,406 |
| Net Land, buildings, and equipment | $852,065 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,411 |
| Total assets | $1,868,434 |
| Accounts payable and accrued expenses | $158,346 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,627 |
| Total liabilities | $182,973 |
| Net assets without donor restrictions | $1,666,946 |
| Net assets with donor restrictions | $18,515 |
| 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 | $1,868,434 |