Valley Hope Association
- Assets
- $62.2m
- Revenue
- $56.2m
- Investments
- $8.3m
- Employees
- 834
- Location
- Norton, KS
- Founding
- 03/1967
- Data as of
- 06/2021
- EIN
- 48-0728186
Organization Overview
Valley Hope Association is located in Norton, KS. The organization was established in 1967. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2021, Valley Hope Association employed 834 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Hope Association 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 06/2021, Valley Hope Association generated $56.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $54.3m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A QUALITY CONTINUUM OF COMPREHENSIVE TREATMENT FOR ALCOHOL OR DRUG USE PROBLEMS.
Describe the Organization's Program Activity:
THE VALLEY HOPE ASSOCIATION (VHA) IS A NATIONALLY RECOGNIZED, NONPROFIT ORGANIZATION DEDICATED TO PROVIDING QUALITY ALCOHOL AND DRUG ADDICTION TREATMENT SERVICES AT AN AFFORDABLE PRICE. VHA OPERATES NINE RESIDENTIAL FACILITIES AND NINE OUTPATIENT OFFICES IN SEVEN STATES - AZ, CO, KS, MO, NE, OK, AND TX. SINCE OPENING ITS DOORS IN 1967, VHA HAS TOUCHED THE LIVES OF MORE THAN 318,000 INDIVIDUALS AND FAMILY MEMBERS. SEE SCHEDULE O FOR CONTINUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Mccormick CEO | Officer | 39 | $430,831 |
Jon Siebert Medical Director | Officer | 40 | $428,907 |
Patrick Bryan Hall Sr. VP - Operations | Officer | 40 | $240,236 |
Brien Kevin Walker Cfo/sr. VP - Finance | Officer | 40 | $175,203 |
Javier Ley Tablada Sr. VP - Operations | Officer | 40 | $167,262 |
Shelly Plemons Sr. VP - Bus Dev & Pat Acess | 40 | $143,931 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Treanorhl Architects Architecture Designs | 6/29/21 | $562,322 |
Mountain Lake Services Cont. Svc. Provider | 6/29/21 | $777,061 |
Airespring Inc Communications | 6/29/21 | $367,172 |
Us Foods Food Services | 6/29/21 | $932,611 |
Valley Hope Solutions Outsourced Billing | 6/29/21 | $517,996 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $672,496 |
| Government grants | $55,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,302,560 |
| Total Program Service Revenue | $54,227,576 |
| Investment income | $612,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $64,550 |
| Net Gain/Loss on Asset Sales | -$89,238 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,212,514 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $973,218 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,690,653 |
| Compensation of current officers, directors, key employees. | $1,690,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,704,305 |
| Pension plan accruals and contributions | $386,862 |
| Other employee benefits | $3,477,025 |
| Payroll taxes | $2,207,410 |
| Fees for services: Management | $616,151 |
| Fees for services: Legal | $219,153 |
| Fees for services: Accounting | $85,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,076,572 |
| Advertising and promotion | $1,301,294 |
| Office expenses | $2,384,901 |
| Information technology | $795,152 |
| Royalties | $0 |
| Occupancy | $1,462,744 |
| Travel | $308,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288,158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,826,039 |
| Insurance | $272,483 |
| All other expenses | $344,061 |
| Total functional expenses | $54,313,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,168 |
| Savings and temporary cash investments | $21,133,775 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,549,536 |
| 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 | $445,002 |
| Net Land, buildings, and equipment | $21,144,531 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,316,273 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $611,139 |
| Total assets | $62,205,424 |
| Accounts payable and accrued expenses | $6,482,788 |
| Grants payable | $0 |
| Deferred revenue | $114,180 |
| 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 | $0 |
| Total liabilities | $6,596,968 |
| Net assets without donor restrictions | $55,608,456 |
| 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 | $62,205,424 |
Grants Awarded
Over the last fiscal year, Valley Hope Association has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Dodge City, KS PURPOSE: VIBRANT MINISTRIES | $25,000 |
Norton, KS PURPOSE: TO AID VALLEY HOPE ASSOCIATION PATIENTS AND THEIR FAMILIES. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Valley Hope Association has recieved totaling $186,766.
| Awarding Organization | Amount |
|---|---|
The Recovery Foundation Greenwood Village, CO PURPOSE: TO SUPPORT CHARITABLE MISSION | $50,000 |
Charles B Goddard Fdn Trust Ardmore, OK PURPOSE: OPERATING EXPENSES | $50,000 |
Kansas Health Foundation Wichita, KS PURPOSE: Furnishings and equipment to expand addiction treatment opportunities and increase success rates for individuals needing extended treatment services by opening long-term residential treatment housing that includes employment in rural Northwest Kansas. | $25,000 |
Bilby Foundation Ardmore, OK PURPOSE: CAPITALCAMPAIGN | $24,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Guy I Bromley Residuary Trust Dallas, TX PURPOSE: VALLEY HOPE PATIENT AID | $10,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Hope Association Norton, KS | $62,205,424 | $56,212,514 |
Crossroads Turning Points Inc Pueblo, CO | $8,604,811 | $14,443,744 |
Mirror Inc Newton, KS | $13,928,339 | $17,870,125 |
Harmony Foundation Inc Estes Park, CO | $8,484,321 | $9,726,003 |
Hope Center Ministries Bethany, OK | $19,067,216 | $13,757,491 |
Heartland Regional Alcohol & Drug Assessment Center Inc Roeland Park, KS | $4,933,740 | $7,166,373 |
Substance Abuse Assessment Center Of Kansas Wichita, KS | $3,164,192 | $6,512,366 |
Phoenix Programs Inc Columbia, MO | $5,554,618 | $5,179,001 |
Gibson Recovery Center Inc Cape Girardeau, MO | $2,986,080 | $5,705,309 |
Nova Treatment Community Inc Omaha, NE | $4,295,725 | $4,990,110 |
St Monicas Home Lincoln, NE | $3,839,640 | $4,806,181 |
Hope Is Alive Ministries Inc Oklahoma City, OK | $12,991,051 | $8,052,723 |