Valley View Home
- Assets
- $4.8m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 102
- Location
- Glasgow, MT
- Founding
- 11/1961
- Data as of
- 12/2023
- EIN
- 81-0295816
Organization Overview
Valley View Home is located in Glasgow, MT. The organization was established in 1961. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2023, Valley View Home employed 102 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Valley View Home 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 12/2023, Valley View Home generated $5.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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
OUR PHILOSOPHY AT VALLEY VIEW HOME IS "SERVICE BY CARING" THROUGH THE UTILIZATION OF SKILLS AND ABILITY OF OUR TEAM WORKING TOGETHER TO PROMOTE AND ENHANCE THE WELL-BEING OF THOSE WHOM WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME FOR THE ELDERLY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Thompson Administrato | Officer | 40 | $126,174 |
Mary Armstrong Director | Trustee | 1 | $0 |
Shirley Baumgartner Director | Trustee | 1 | $0 |
Lynn Lipszyk Director | Trustee | 1 | $0 |
Mike Mccolly Director | Trustee | 1 | $0 |
Lisa Wiltfong President | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Slate Healthcare Llc Nursing Staff | 12/30/23 | $806,052 |
Lrs Healthcare Llc Nursing Staff | 12/30/23 | $450,328 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $23,018 |
| Government grants | $88,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,336 |
| Total Program Service Revenue | $5,292,481 |
| Investment income | $191,797 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,892,437 |
| 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. | $126,174 |
| Compensation of current officers, directors, key employees. | $126,174 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,344,373 |
| Pension plan accruals and contributions | $36,882 |
| Other employee benefits | $236,772 |
| Payroll taxes | $335,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $72,331 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,509,593 |
| Advertising and promotion | $19,338 |
| Office expenses | $154,154 |
| Information technology | $78,850 |
| Royalties | $0 |
| Occupancy | $164,622 |
| Travel | $25,121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,490 |
| Interest | $20,634 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,565 |
| Insurance | $86,880 |
| All other expenses | $0 |
| Total functional expenses | $7,155,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $395,305 |
| Savings and temporary cash investments | $349,024 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $874,871 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $40,661 |
| Prepaid expenses and deferred charges | $51,077 |
| Net Land, buildings, and equipment | $1,527,206 |
| Investments—publicly traded securities | $1,463,182 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,168 |
| Total assets | $4,751,494 |
| Accounts payable and accrued expenses | $356,743 |
| 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 | $705,469 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $367,762 |
| Total liabilities | $1,429,974 |
| Net assets without donor restrictions | $3,321,520 |
| 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 | $4,751,494 |