Valley Homes and Services FY2021 filing

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Operates a 196 bed Skilled Nursing Facility Operates a 70 bed Basic Care Facility

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$528K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.8M a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$528K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $3.3M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16.5M
68% of total assets
Worth a look: liabilities are 68% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$31.6M
Spent
$28.9M
To programs
89%
Net assets
$7.8M
By yearFY2021–FY2025
Revenue
$31.6M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$31.6M
FY2022$31.4M
FY2023$40.2M
FY2024$36.1M
FY2025$37.4M
Expenses
$28.9M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$28.9M
FY2022$30.3M
FY2023$32.7M
FY2024$34.1M
FY2025$36.5M
Net assets
$7.8M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$7.8M
FY2022$9.1M
FY2023$16.5M
FY2024$18.5M
FY2025$19.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1947.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $25.8M Management & general 11% · $3.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $528K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/CEO
$265,237Pt VII · Sec A
Director of Nursing Valley Senior Living on Columbia
$145,969Pt VII · Sec A
Tufte Manor Administrator-Director of Pcs
$116,314Pt VII · Sec A
Administrator 4000 Valley Square
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jessica Baumgarten’s $169K as Director of Nursing Valley Senior Living on Columbia is at the 13th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Garth Rydland————$265,237
Jessica Baumgarten$169,024$152,389$125,277$127,423$145,969
Sarah Sharpe$158,439$144,298$121,087$109,454—
Angela Goulet$128,895$121,824$118,616$110,232$116,314
Jill Mudge$119,778————
Ruby Holverson$118,635————
Leah Larson$114,331$104,083———
Phyllis Moen$112,760—$110,262——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides skilled and basic nursing care for residents in a 196-bed facility.

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2 programs · $25.8M · in their own filed words · FY2020
01

Operation of Valley Senior Living on Columbia a 196 bed Skilled Nursing Facility. FYE 6/30/2021 Valley Eldercare Center served on the average 170 residents per day with an annual average occupancy of 86.6%. Valley Senior Living on Columbia serves the Medicaid, Medicare and privately paying populations.

$23.0Mprogram expense
02

Operation of Tufte Manor a 70 bed Basic Care. FYE 6/30/2021 Tufte Manor on the average served 67 basic care residents, with an annual average occupancy of 95.2%. Tufte Manor serves both privately paying residents and those who qualify for the Basic Care Assistance Program.

$2.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$3.3M

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2022 · $936K federal money spent
Provider Relief Fund and American Rescue Plan Rural DistributionDepartment of Health and Human Services · ALN 93.498 · Direct$936K

The auditor reported no findings.

Year ending Jun 2021 · $1.8M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$1.8M

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$31.6M
Ln 12
Fees for servicesLn 2g$26.9M
Gifts and grantsLn 1h$4.7M
Other incomeLn 4–11$5K
Money outPt IX
$28.9M
Ln 25
Programscol B$25.8M
Managementcol C$3.2M
Owns and owesPt X
$7.8M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$24.4M
LiabilitiesLn 26$16.5M
PeoplePt VI, VII
13
listed · VII A
PaidVII A3
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Government grantsLn 1e$1.3M
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$26.9M
Investment incomeLn 3$2K
Other incomeLn 4–11$5K
Total revenueLn 12$31.6M
Assets in detailPt X, end of year
CashLn 1$5.9M
Cash and savings togetherLn 1–2$5.9M
Land, buildings, equipmentLn 10c$10.4M
Other assetsLn 15$4.3M
Total assetsLn 16$24.4M
LiabilitiesLn 26$16.5M
Net assetsLn 32$7.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6200
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$14.7M
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$12.6M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.8M$5.9M
Land, buildings, equipmentLn 10c$10.9M$10.4M
Total assetsLn 16$24.0M$24.4M
LiabilitiesLn 26$18.9M$16.5M
Net assetsLn 32$5.1M$7.8M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$15.0M$14.7M$339K$0
Pension plan contributionsLn 8$636K$622K$14K$0
Other employee benefitsLn 9$2.1M$2.1M$52K$0
Payroll taxesLn 10$1.1M$1.1M$27K$0
Legal feesLn 11b$29K$0$29K$0
Accounting feesLn 11c$160$0$160$0
Other fees for servicesLn 11g$1.3M$1.0M$286K$0
Advertising and promotionLn 12$3K$0$3K$0
Office expensesLn 13$145K$0$145K$0
Information technologyLn 14$166K$0$166K$0
OccupancyLn 16$440K$440K$0$0
TravelLn 17$3K$3K$376$0
Conferences, conventions and meetingsLn 19$32K$30K$2K$0
InterestLn 20$725K$725K$0$0
Depreciation, depletion and amortizationLn 22$1.8M$1.8M$0$0
InsuranceLn 23$231K$231K$0$0
Other expenses (24a–d)Ln 24$4.7M$2.9M$1.7M$0
All other expensesLn 24e$435K$90K$345K$0
Total functional expensesLn 25$28.9M$25.8M$3.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 13, 2025 $37.4M$36.5M$922K$19.5M 990 PDF
FY2024Filed with the IRS Oct 23, 2024 $36.1M$34.1M$2.0M$18.5M 990 PDF
FY2023Filed with the IRS Nov 10, 2023 $40.2M$32.7M$7.5M$16.5M 990 PDF
FY2022Filed with the IRS Nov 10, 2022 $31.4M$30.3M$1.1M$9.1M 990 PDF
FY2021 ViewingFiled with the IRS Nov 11, 2021 $31.6M$28.9M$2.7M$7.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $31,610,209 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $703,474$4,713,536
I-9 Program service revenuePrior year $26,693,739$26,890,125
I-10 Investment incomePrior year $4,387$1,785
I-11 Other revenuePrior year $19,433$4,763
I-12 Total revenuePrior year $27,421,033$31,610,209
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $17,716,788$18,933,581
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,914,769$9,997,172
I-18 Total expensesPrior year $27,631,557$28,930,753
I-19 Revenue less expensesPrior year −$210,524$2,679,456
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $31,610,209 across 12 lines filed
Lines not itemized here account for $4,763 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$3,399,714
VIII-1e Government grants$1,313,822
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$4,713,536
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,850,124 · Unrelated business $0 · Excluded from tax $40,001$26,890,125
VIII-3 Investment incomeRelated to mission $1,785 · Unrelated business $0 · Excluded from tax $0$1,785
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $26,856,672 · Unrelated business $0 · Excluded from tax $40,001$31,610,209
Part IX · Statement of functional expenses $28,930,753 across 18 lines filed
IX-7 Other salaries and wagesPrograms $14,702,255 · Management $339,388 · Fundraising $0$15,041,643
IX-8 Pension plan contributionsPrograms $622,210 · Management $13,863 · Fundraising $0$636,073
IX-9 Other employee benefitsPrograms $2,084,595 · Management $51,924 · Fundraising $0$2,136,519
IX-10 Payroll taxesPrograms $1,092,476 · Management $26,870 · Fundraising $0$1,119,346
IX-11b Legal feesPrograms $0 · Management $29,225 · Fundraising $0$29,225
IX-11c Accounting feesPrograms $0 · Management $160 · Fundraising $0$160
IX-11g Other fees for servicesPrograms $1,046,058 · Management $285,726 · Fundraising $0$1,331,784
IX-12 Advertising and promotionPrograms $0 · Management $3,210 · Fundraising $0$3,210
IX-13 Office expensesPrograms $0 · Management $144,650 · Fundraising $0$144,650
IX-14 Information technologyPrograms $0 · Management $165,755 · Fundraising $0$165,755
IX-16 OccupancyPrograms $440,055 · Management $0 · Fundraising $0$440,055
IX-17 TravelPrograms $2,557 · Management $376 · Fundraising $0$2,933
IX-19 Conferences, conventions and meetingsPrograms $30,179 · Management $1,944 · Fundraising $0$32,123
IX-20 InterestPrograms $725,275 · Management $0 · Fundraising $0$725,275
IX-22 Depreciation, depletion and amortizationPrograms $1,776,294 · Management $0 · Fundraising $0$1,776,294
IX-23 InsurancePrograms $231,353 · Management $0 · Fundraising $0$231,353
IX-24 Other expenses (24a–d)Programs $2,932,544 · Management $1,747,105 · Fundraising $0$4,679,649
IX-24e All other expensesPrograms $89,802 · Management $344,904 · Fundraising $0$434,706
IX-25 Total functional expensesPrograms $25,775,653 · Management $3,155,100 · Fundraising $0$28,930,753
Part X · Balance sheet $24,366,634 assets, 15 lines filed
Asset lines not itemized here account for $72,048; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,829,485$5,873,135
X-4 Accounts receivableStart of year $2,805,862$2,994,609
X-8 Inventories for sale or useStart of year $306,975$734,924
X-9 Prepaid expenses and deferred chargesStart of year $7,967$9,293
X-10c Land, buildings and equipment, netStart of year $10,861,967$10,356,179
X-15 Other assetsStart of year $3,155,645$4,326,446
X-16 Total assetsStart of year $24,039,697$24,366,634
X-17 Accounts payable and accrued expensesStart of year $1,828,534$1,963,587
X-20 Tax-exempt bond liabilitiesStart of year $15,395,000$14,695,000
X-25 Other liabilitiesStart of year $1,608,800−$156,230
X-26 Total liabilitiesStart of year $18,891,887$16,539,368
X-27 Net assets without donor restrictionsStart of year $5,147,810$7,827,266
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $5,147,810$7,827,266
X-33 Total liabilities and net assetsStart of year $24,039,697$24,366,634
Part XI · Reconciliation of net assets $7,827,266 net assets at year end
XI-1 Total revenue$31,610,209
XI-2 Total expenses$28,930,753
XI-3 Revenue less expenses$2,679,456
XI-4 Net assets at start of year$5,147,810
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,827,266

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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