Valley View Foundation Inc
- Assets
- $47.3m
- Revenue
- $2.9m
- Investments
- $18.6m
- Employees
- 0
- Location
- Ada, OK
- Founding
- 12/1983
- Data as of
- 06/2023
- EIN
- 73-0630359
Organization Overview
Valley View Foundation Inc is located in Ada, OK. The organization was established in 1983. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley View Foundation Inc 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 View Foundation Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $9.1m during the year ending 06/2023. While expenses have increased by 11.7% 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.
Since 2016, Valley View Foundation Inc has awarded 63 individual grants totaling $14,603,897. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH, WELLNESS, AND SOCIAL SERVICE GRANTS TO 501(C)(3) ORGANIZATIONS AND GOVERNMENTAL AGENCIES LOCATED OR OPERATING WITHIN A 45 MILE RADIUS OF ADA, OK.
Describe the Organization's Program Activity:
PROVIDING GRANTS TO THIRTEEN-501(C)(3) PUBLIC CHARITIES FOR HEALTH AND WELLNESS PROGRAMS.
EFFECTIVE 07/01/2013 THIS ENTITY ENTERED INTO A HOSPITAL LEASE AGREEMENT WITH MERCY HEALTH OKLAHOMA COMMUNITIES, INC. TO LEASE SUBSTANTIALLY ALL OF THE ASSETS OF VALLEY VIEW HOSPITAL. UNDER THE TERMS OF THE LEASE, VALLEY VIEW HEALTH AND WELLNESS FOUNDATION WILL RECEIVE MONTHLY RENT PAYMENTS OF $150,000. ALL OF THE PROGRAM SERVICE REVENUE AND EXPENSES IN THIS SECTION ARE RELATED TO THE WINDING DOWN AND CLOSING OF THE OPERATION OF VALLEY VIEW HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Semira Charboneau Director | 1 | $0 | |
Angela Eppler Director | 1 | $0 | |
Bill Lance Director | 1 | $0 | |
Bart Mccortney Director | 1 | $0 | |
Dean Peterson Director | 1 | $0 | |
Doree Thompson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $721,250 |
| Net Rental Income | $2,126,071 |
| Net Gain on Sale of Assets | $42,410 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,994 |
| Total Revenue | $2,906,725 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,645 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $217,917 |
| Total operating and administrative expenses | $304,117 |
| Contributions, gifts, grants paid | $8,770,818 |
| Total expenses and disbursements | $9,074,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,987,337 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,824 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $26,680,498 |
| Total assets | $47,311,963 |
| Accounts payable and accrued expenses | $12,641 |
| Grants payable | $6,759,118 |
| Deferred revenue | $176,422 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,284 |
| Total liabilities | $6,954,465 |
Grants Awarded
Over the last fiscal year, Valley View Foundation Inc has awarded $8,770,818 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BYNG PUBLIC SCHOOLS PURPOSE: FINANCIAL SUPPORT | $17,920 |
ADA SENIOR CARE CENTER PURPOSE: FINANCIAL SUPPORT | $35,000 |
COMPASSION OUTREACH CENTER INC PURPOSE: FINANCIAL SUPPORT | $115,000 |
EAST CENTRAL UNIVERSITY FOUNDATION PURPOSE: FINANCIAL SUPPORT | $200,000 |
HOUSE OF HOPE PREGNANCY CARE CENTER PURPOSE: FINANCIAL SUPPORT | $2,000 |
OKLAHOMA PROJECT WOMAN PURPOSE: FINANCIAL SUPPORT | $10,000 |