Valley Charities INC FY2020 filing

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Enhance our community's resources, health and social well-being through our work and partnerships.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$138K 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

FY2020 · 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
2 of 6
filings with a surplus
Average surplus $59K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $336K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
Spent
$1.5M
To programs
96%
Net assets
$403K
By yearFY2020–FY2025
Revenue
$1.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$37.2M
FY2022$86.4M
FY2023$14.9M
FY2024$16.1M
FY2025$9.2M
Expenses
$1.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$31.0M
FY2022$91.5M
FY2023$15.3M
FY2024$16.4M
FY2025$9.0M
Net assets
$403K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$403K
FY2021$6.6M
FY2022$1.5M
FY2023$1.5M
FY2024$1.1M
FY2025$1.3M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Dec 1992.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $1.4M Management & general 4% · $52K

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

8 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$80,000Pt VII · Sec A
$57,692Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Rozzi$95,002$90,002$90,002$108,467$83,077$80,000
Susan B Hale———$79,878$49,339$57,692
Kimberly Byrwa$69,465$68,488$68,477———
Susan Hale—$23,904————

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.

See Valley Charities INC executive salaries →

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 housing, utility, medical equipment, and clothing assistance to neighbors in need.

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3 programs · $1.4M · in their own filed words · FY2019
01

Housing Assistance Programs

Through several grants, we partner with seven other mat-su agencies to provide housing associated services to prevent residents from being homeless.

$839Kprogram expense
02

Merchandise Vouchers/Thrift Store

This program recycles donated goods to benefit those in most need by providing clothing in-kind. This program is operated through our thrift store: which is owned by a volunteer board; all thrift store proceeds are allocated to programs and operations.

$395Kprogram expense
03

Reentry Programs

Through several grants we fund reentry services and community education that help make our community safer.

$197Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$336K
Grants paid · 29 grants · $153.5M · 2019–2024
Unitemized GrantFY2024$6,304,438
Daybreak INCAK · FY2024$95,555
Family PromiseAK · FY2024$45,918
MyhouseAK · FY2024$6,855
Unitemized GrantFY2023$13,843,685
Daybreak INCAK · FY2023$85,069
Family PromiseAK · FY2023$48,503
Unitemized GrantFY2022$12,556,857
Daybreak INCAK · FY2022$76,834
Family PromiseAK · FY2022$55,491
Unitemized GrantFY2021$88,761,015
Family PromiseAK · FY2021$53,309
Daybreak INCAK · FY2021$49,880
MyhouseAK · FY2021$9,454
See all 29 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $6.8M federal money spent
Emergency Rental Assistance ProgramDepartment of the Treasury · ALN 21.023 · Through State of Alaska Department of Health and Social Services$6.4M
Second Chance Act Reentry InitiativeDepartment of Justice · ALN 16.812 · Direct$253K
Emergency Solutions Grant ProgramDepartment of Housing and Urban Development · ALN 14.231 · Through State of Alaska - Alaska Housing and Finance Corporation$81K
Continuum of Care ProgramDepartment of Housing and Urban Development · ALN 14.267 · Direct$69K

The auditor reported no findings.

Year ending Jun 2024 · $15.1M federal money spent
Emergency Rental Assistance ProgramDepartment of the Treasury · ALN 21.023 · Through State of Alaska Department of Health and Social Services$9.0M
Homeowner Assistance FundDepartment of the Treasury · ALN 21.026 · Through State of Alaska - Alaska Housing and Finance Corporation$5.7M
Second Chance Act Reentry InitiativeDepartment of Justice · ALN 16.812 · Direct$282K
Continuum of Care ProgramDepartment of Housing and Urban Development · ALN 14.267 · Direct$65K
Emergency Solutions Grant ProgramDepartment of Housing and Urban Development · ALN 14.231 · Through State of Alaska - Alaska Housing and Finance Corporation$44K

The auditor reported no findings.

Year ending Jun 2023 · $26.8M federal money spent
Emergency Rental Assistance ProgramDepartment of the Treasury · ALN 21.023 · Through State of Alaska Department of Health and Social Services$25.0M
Homeowner Assistance FundDepartment of the Treasury · ALN 21.026 · Through State of Alaska - Alaska Housing and Finance Corporation$1.4M
Emergency Solutions Grant ProgramDepartment of Housing and Urban Development · ALN 14.231 · Through State of Alaska - Alaska Housing and Finance Corporation$153K
Continuum of Care ProgramDepartment of Housing and Urban Development · ALN 14.267 · Direct$129K
Second Chance Act Reentry InitiativeDepartment of Justice · ALN 16.812 · Direct$128K

The auditor reported no findings.

Year ending Jun 2022 · $89.9M federal money spent
Emergency Rental Assistance ProgramDepartment of the Treasury · ALN 21.023 · Through State of Alaska Ahfc$89.5M
Homeowner Assistance FundDepartment of the Treasury · ALN 21.026 · Through State of Alaska Ahfc$186K
Emergency Solutions Grant ProgramDepartment of Housing and Urban Development · ALN 14.231 · Through State of Alaska Ahfc$167K
Continuum of Care ProgramDepartment of Housing and Urban Development · ALN 14.267 · Direct$64K
Second Chance Act Reentry InitiativeDepartment of Justice · ALN 16.812 · Direct$4K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$865
Money outPt IX
$1.5M
Ln 25
Programscol B$1.4M
Managementcol C$52K
Owns and owesPt X
$403K
net assets · Ln 32
Cash and savingsLn 1–2$65K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$830K
Noncash giftsLn 1g$243K
Investment incomeLn 3$865
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$37K
Cash and savings togetherLn 1–2$65K
Land, buildings, equipmentLn 10c$1.1M
Other assetsLn 15$35K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.1M
Net assetsLn 32$403K
OperationsPt I, VI
EmployeesI 544
VolunteersI 663
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$243K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$111K$65K
Land, buildings, equipmentLn 10c$1.2M$1.1M
Total assetsLn 16$1.7M$1.5M
LiabilitiesLn 26$1.2M$1.1M
Net assetsLn 32$529K$403K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$133K$133K
Grants to domestic individualsLn 2$178K$178K
Pay of current officers, directors and key staffLn 5$148K$141K$7K
Other salaries and wagesLn 7$667K$638K$28K
Accounting feesLn 11c$6K$6K
Investment management feesLn 11f$216$216
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$52K$51K$561
Information technologyLn 14$3K$3K
OccupancyLn 16$123K$121K$2K
TravelLn 17$20K$20K
InterestLn 20$40K$36K$4K
Depreciation, depletion and amortizationLn 22$63K$56K$6K
InsuranceLn 23$16K$12K$4K
Other expenses (24a–d)Ln 24$28K$28K
Total functional expensesLn 25$1.5M$1.4M$52K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 8, 2026 $9.2M$9.0M$148K$1.3M 990 PDF
FY2024Filed with the IRS Mar 31, 2025 $16.1M$16.4M−$362K$1.1M 990 PDF
FY2023Filed with the IRS Apr 10, 2024 $14.9M$15.3M−$423K$1.5M 990 PDF
FY2022Filed with the IRS Apr 12, 2023 $86.4M$91.5M−$5.1M$1.5M 990 PDF
FY2021Filed with the IRS May 11, 2022 $37.2M$31.0M$6.2M$6.6M 990 PDF
FY2020 ViewingFiled with the IRS Apr 12, 2021 $1.4M$1.5M−$126K$403K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,358,034 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,872,898$1,357,169
I-9 Program service revenue$0
I-10 Investment incomePrior year $792$865
I-11 Other revenuePrior year $20,706$0
I-12 Total revenuePrior year $1,894,396$1,358,034
I-13 Grants and similar amounts paidPrior year $569,130$310,919
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $858,886$814,839
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $346,363$358,310
I-18 Total expensesPrior year $1,774,379$1,484,068
I-19 Revenue less expensesPrior year $120,017−$126,034
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
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 $1,358,034 across 6 lines filed
VIII-1e Government grants$829,778
VIII-1f All other contributions, gifts and grants$527,391
VIII-1g Noncash contributions (included above)$243,336
VIII-1h Total contributions, gifts and grants$1,357,169
VIII-3 Investment incomeExcluded from tax $865$865
VIII-12 Total revenueExcluded from tax $865$1,358,034
Part IX · Statement of functional expenses $1,484,068 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $132,790$132,790
IX-2 Grants to domestic individualsPrograms $178,129$178,129
IX-5 Pay of current officers, directors and key staffPrograms $140,798 · Management $7,410$148,208
IX-7 Other salaries and wagesPrograms $638,193 · Management $28,438$666,631
IX-11c Accounting feesPrograms $5,958$5,958
IX-11f Investment management feesManagement $216$216
IX-11g Other fees for servicesPrograms $5,570$5,570
IX-12 Advertising and promotionPrograms $2,288$2,288
IX-13 Office expensesPrograms $51,148 · Management $561$51,709
IX-14 Information technologyPrograms $2,732$2,732
IX-16 OccupancyPrograms $121,079 · Management $1,921$123,000
IX-17 TravelPrograms $20,220$20,220
IX-20 InterestPrograms $35,698 · Management $3,966$39,664
IX-22 Depreciation, depletion and amortizationPrograms $56,442 · Management $6,270$62,712
IX-23 InsurancePrograms $12,387 · Management $3,600$15,987
IX-24 Other expenses (24a–d)Programs $28,254$28,254
IX-25 Total functional expensesPrograms $1,431,686 · Management $52,382 · Fundraising $0$1,484,068
Part X · Balance sheet $1,477,623 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $109,439$27,999
X-2 Savings and temporary cash investmentsStart of year $1,981$36,936
X-3 Pledges and grants receivableStart of year $210,136$140,834
X-8 Inventories for sale or useStart of year $166,405$126,173
X-10c Land, buildings and equipment, netStart of year $1,173,362$1,110,650
X-15 Other assetsStart of year $31,615$35,031
X-16 Total assetsStart of year $1,692,938$1,477,623
X-17 Accounts payable and accrued expensesStart of year $190,859$106,288
X-19 Deferred revenueStart of year $47,255$4,823
X-25 Other liabilities$62,614
X-26 Total liabilitiesStart of year $1,164,419$1,074,994
X-27 Net assets without donor restrictionsStart of year $508,704$379,398
X-28 Net assets with donor restrictionsStart of year $19,815$23,231
X-32 Total net assets or fund balancesStart of year $528,519$402,629
X-33 Total liabilities and net assetsStart of year $1,692,938$1,477,623
Part XI · Reconciliation of net assets $402,629 net assets at year end
XI-1 Total revenue$1,358,034
XI-2 Total expenses$1,484,068
XI-3 Revenue less expenses−$126,034
XI-4 Net assets at start of year$528,519
XI-5 Net unrealized gains (losses) on investments$144
XI-10 Net assets at end of year$402,629

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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