Vali Division Of Wasatch-Lakecrest
- Assets
- $26.7m
- Revenue
- $23.3m
- Investments
- $0.0
- Employees
- 497
- Location
- Woods Cross, UT
- Founding
- 09/1991
- Data as of
- 12/2022
- EIN
- 95-3723933
Organization Overview
Vali Division Of Wasatch-Lakecrest is located in Woods Cross, UT. The organization was established in 1991. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2022, Vali Division Of Wasatch-Lakecrest employed 497 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vali Division Of Wasatch-Lakecrest 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 12/2022, Vali Division Of Wasatch-Lakecrest generated $23.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $23.9m during the year ending 12/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FULFILL THE SPECIAL AND BASIC NEEDS OF THE SICK, INDIGENT, AND ELDERLY BY PROVIDING CLEAN AND SAFE HOUSING, HOME HEALTH SERVICES, AND ACCESS TO ADVANCED HEALTHCARE (INCLUDING MAINTENANCE, DIAGNOSIS, PREVENTION, & REHABILITATION) AND BY ENABLING FINANCIAL SECURITY IN A SETTING THAT PRIORITIZES ACCESS, AFFORDABILITY, DIGNITY, AND QUALITY OF LIFE OVER PROFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOME HEALTH SERVICES, PERSONAL CARE SERVICES AND ACCESS TO ADVANCED HEALTHCARE (INCLUDING MAINTENANCE, DIAGNOSIS, PREVENTION, & REHABILITATION) AND BY ENABLING FINANCIAL SECURITY IN A SETTING THAT PRIORITIZES ACCESS, AFFORDABILITY, DIGNITY, AND QUALITY OF LIFE FOR ELDERLY AND INDIGENT INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vera Carlson Medical Director | 40 | $215,262 | |
Olga Greene Administrator | 40 | $104,668 | |
Victoria Marchi Administrator | 40 | $114,783 | |
Fern Cleary Administrator | 40 | $113,172 | |
Chae Lilgenquist Supervisor | 40 | $109,311 | |
Bradley J Mikesell President | OfficerTrustee | 0 | $1,625 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rocky Mountain Care Llc Support Services | 12/30/22 | $2,985,106 |
Rocky Mountain Care - Clearfield Patient Room & Board | 12/30/22 | $426,685 |
Aspen Technology It Services | 12/30/22 | $485,746 |
Rocky Mountain Care - Tooele Patient Room & Board | 12/30/22 | $658,064 |
Rocky Mountain Care - Murray Patient Room & Board | 12/30/22 | $397,226 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $23,327,844 |
| Investment income | $1,115 |
| 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 | $23,328,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $919,693 |
| Grants and other assistance to domestic individuals. | $260,683 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,375 |
| Compensation of current officers, directors, key employees. | $3,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,982,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $400,989 |
| Payroll taxes | $664,190 |
| Fees for services: Management | $30,360 |
| Fees for services: Legal | $23,170 |
| Fees for services: Accounting | $280,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $924,883 |
| Advertising and promotion | $4,118 |
| Office expenses | $101,456 |
| Information technology | $17,598 |
| Royalties | $0 |
| Occupancy | $973,007 |
| Travel | $27,547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $558,564 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $970,834 |
| Insurance | $298,502 |
| All other expenses | $1,211,176 |
| Total functional expenses | $23,884,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,574,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,236,831 |
| 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 | $11,277 |
| Net Land, buildings, and equipment | $16,897,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,767,819 |
| Other assets | $4,216,619 |
| Total assets | $26,703,615 |
| Accounts payable and accrued expenses | $1,050,821 |
| 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 | $14,912,268 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,944,138 |
| Total liabilities | $17,907,227 |
| Net assets without donor restrictions | $0 |
| 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 | $35,606 |
| Retained earnings, endowment, accumulated income, or other funds | $8,760,782 |
| Total liabilities and net assets/fund balances | $26,703,615 |
Grants Awarded
Over the last fiscal year, Vali Division Of Wasatch-Lakecrest has awarded $919,693 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BRAYDN & BRHET SUPPORT FOUNDA PURPOSE: CHARITABLE | $650,000 |
RMC - HOLLADAY INC PURPOSE: PATIENT CARE | $269,693 |