2025-04-02T10:18:21-05:00 2023-12-31 202253063 TANNER LLC 36 S STATE STREET SUITE 600 SALT LAKE CITY UT 84111 990 2023-01-01 942938348 VALLEY MENTAL HEALTH INCORPORATED VALL 8012637100 4460 SOUTH HIGHLAND DRIVE 230 SALT LAKE CITY UT 84124 SPENCER SEAQUIST CFO 8012637100 2025-04-02 1 0 MARC A METCALF P00170461 8015327444 2025-04-01 2023 2025-03-06 01:10:19Z VALLEY BEHAVIORAL HEALTH SPENCER SEAQUIST 5965 SOUTH 900 EAST STE 420 SLC UT 84121 74014937 0 X N/A X 1984 UT TO PROVIDE AND ADMINISTER MENTAL HEALTH AND ALCOHOL AND DRUG ABUSE SERVICES FOR THE SALT LAKE, SUMMIT, AND TOOELE COUNTY, UTAH AREAS. 9 9 958 8 0 0 73506453 66079584 1229182 7194588 2853889 -6158 243921 562254 77833445 73830268 0 0 0 0 42572888 41799779 0 0 352022 35622356 36423409 78195244 78223188 -361799 -4392920 60247434 61007084 6839425 11890175 53408009 49116909 X TO PROVIDE AND ADMINISTER MENTAL HEALTH AND ALCOHOL AND DRUG ABUSE SERVICES FOR THE SALT LAKE, SUMMIT, AND TOOELE COUNTY, UTAH AREAS. 0 0 14811235 2220357 ADULT SERVICES - PROVIDES OUTPATIENT AND INPATIENT SERVICES FOR MENTALLY ILL ADULTS 11387451 882269 HOUSING - PROVIDES HOUSING AND RELATED SERVICES TO MENTALLY ILL, LOW-INCOME OR OTHER AT-RISK GROUPS. 7352519 938434 INTELLECTUAL OR DEVELOPMENTAL DISABILITIES IS FOCUSED ON THOSE IN THE AUTISM SPECTRUM. 29576564 3550613 CLIENT SERVICES - PROVIDES VARIOUS ADDITIONAL PSYCHIATRIC SERVICES FOR CLIENTS. 29576564 3550613 63127769 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 100 0 958 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 UT X X SPENCER SEAQUIST 8012637100 4460 SOUTH HIGHLAND DRIVE NO 230 SALT LAKE CITY UT 82124 STACY WEIGHT BOARD CHAIR 1.00 X 0 0 0 STAN BEAGLEY BOARD SECRETARY 1.00 X 0 0 0 JOHN HANSHAW BOARD CHAIR 1.00 X 0 0 0 KENNETH WOOLLEY BOARD MEMBER 1.00 X 0 0 0 DAVID CLARK BOARD MEMBER 1.00 X 0 0 0 RUSS ELBEL BOARD MEMBER 1.00 X 0 0 0 CAMERON MCBRIDE BOARD SECRETARY 1.00 X 0 0 0 LORENA RIFFO-JENSON BOARD MEMBER 1.00 X 0 0 0 LYNETTE HANSEN BOARD MEMBER 1.00 X 0 0 0 JARED SANFORD CHIEF EXECUTIVE OFFICER 40.00 X X 344147 0 36285 B TODD THATCHER VP - MEDICAL SERVICES 40.00 X 351247 0 36403 SPENCER SEAQUIST CHIEF FINANCIAL OFFICER 40.00 X 186556 0 29544 JULIE RAEL CHIEF CLINICAL OFFICER 40.00 X 102354 0 19866 STEVE HAVERTZ VP - ADULT SERVICES 40.00 X 136572 0 27039 JULIE WINN VP - CHILD/FAMILY/IDD SERV 40.00 X 136833 0 6169 RUSSELL OPATZ VP - HOUSING/SUPPORT SERVICES 40.00 X 53847 0 7293 1311556 0 162599 6 0 1 0 0 66079584 66079584 MEDICAID & MEDICARE 7194588 7194588 7194588 159011 159011 331500 0 331500 331500 331500 19500 184669 -165169 -165169 -165169 OTHER INCOME 230754 230754 230754 73830268 7591673 0 159011 1474156 1189675 277847 6634 32645537 25735856 6644340 265341 5154927 4088438 1025192 41297 2525159 2012881 491946 20332 87427 -668 88102 -7 2936086 1824002 1093659 18425 118170 24773 93397 1082696 146192 936504 269276 215525 53751 165036 150143 14893 2538870 1369167 1169703 581046 345691 235355 COST OF GOODS SOLD 19486613 19486613 UTILITIES 3981882 3305934 675948 OTHER OPERATING EXPENSE 3336730 1688094 1648636 PROGRAM FOOD & SUPPLIES 996775 996775 842802 548678 294124 78223188 63127769 14743397 352022 10179296 7473136 4134977 7286987 607900 571754 62963010 28927942 34871924 34035068 6647581 5780636 3805756 5859503 60247434 61007084 5513088 8316946 0 1000000 1326337 2573229 6839425 11890175 X 49767112 45382528 3640897 3734381 53408009 49116909 60247434 61007084 X -4392920 71743 30077 X X 0 1 X 1 1 1 X 65328318 69293293 72604308 74735635 73274172 355235726 65328318 69293293 72604308 74735635 73274172 355235726 355235726 2055896 9137474 305656 3087917 490511 15077454 7280 7280 370320460 32871251 0.95930 0.95680 X 7949156 7949156 39524285 22159037 17365248 8686296 2049470 6636826 1352859 1009211 343648 5450414 3710224 1740190 34035068 CAPITAL INVESTMENTS VALLEY WOODS -26737 C CAPITAL INVESTMENTS VALLEY SAFE HAVEN II 943786 C CAPITAL INVESTMENTS VALLEY HORIZONS -51904 C CAPITAL INVESTMENTS SAFE HAVEN I -128445 C CAPITAL INVESTMENTS HIDDEN OAKS 2437913 C CAPITAL INVESTMENTS IRON HORSE 2606023 C 5780636 OTHER 1046491 INVST IN WHOLLY OWNED HUD PROJECT 1242112 CONSTRUCTION IN PROGRESS 982953 LEASED ASSETS 2587947 5859503 LEASE LIABILITY 2573229 2573229 X PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 B TODD THATCHER VP - MEDICAL SERVICES 351247 0 0 0 0 0 16162 0 20241 0 387650 0 0 0 JARED SANFORD CHIEF EXECUTIVE OFFICER 344147 0 0 0 0 0 16356 0 19929 0 380432 0 0 0 SPENCER SEAQUIST CHIEF FINANCIAL OFFICER 186556 0 0 0 0 0 9303 0 20241 0 216100 0 0 0 STEVE HAVERTZ VP - ADULT SERVICES 136572 0 0 0 0 0 6798 0 20241 0 163611 0 0 0 PART I, LINE 1A THIS IS AN EXPENSE ALLOWANCE FOR VARIOUS BUSINESS EXPENSES [NOT RELATED TO OUT OF TOWN BUSINESS TRAVEL]. IF THE ENTIRE AMOUNT IS NOT USED, IT THEN BECOMES TAXABLE COMPENSATION TO THE OFFICER OR EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS TO COMPLETE AND REVIEW THE FORM 990 [PRIOR TO FILING WITH THE IRS] IS A COLLABORATIVE EFFORT ON THE PART OF THE SENIOR MANAGEMENT TEAM OF THE COMPANY [INCLUDING LEGAL COUNSEL] AND THE ENGAGED ACCOUNTING FIRM. THE COMPLETED DOCUMENTS ARE THE RESULT OF VARIOUS MEETINGS, DISCUSSIONS AND E-MAIL TRANSMISSIONS BETWEEN ALL OF THE ABOVE LISTED PARTIES. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE AND BOARD MEMBER SIGNS AND SUBMITS ANNUALLY A CONFLICT OF INTEREST STATEMENT. THE EMPLOYEES AND BOARD MEMBERS ARE TO SUBMIT APPLICABLE CHANGES TO AREAS OF POTENTIAL CONFLICT OF INTEREST AS THEY OCCUR DURING THE YEAR. THE EXECUTIVE COMMITTEE REVIEWS ALL STATEMENTS AND APPROVES THOSE WHICH INDICATE OUTSIDE EMPLOYMENT OR A POTENTIAL CONFLICT OF INTEREST WITH VALLEY MENTAL HEALTH. BOARD MEMBERS WHO DO HAVE A CONFLICT OF INTEREST WITH RESPECT TO CERTAIN ISSUES DECLARE THE CONFLICT AND ABSTAIN FROM VOTING ON THAT PARTICULAR ISSUE. FORM 990, PART VI, SECTION B, LINE 15 A MARKET ANALYSIS AND RECOMENDATIONS ARE PROVIDED TO THE BOARD OFFICERS TO DETERMINE THE SALARY OF THE CEO. A FORMAL ANALYSIS FOR OTHER VMH OFFICERS IS NOT COMPLETED ON AN ANNUAL BASIS, BUT RATHER IS PERFORMED PERIODICALLY. HOWEVER, BENCHMARK POSITIONS THROUGHOUT VMH ARE REVIEWED EVERY YEAR TO DETERMINE WHAT CHANGES, IF ANY, ARE NEEDED TO ADJUST OFFICER AND EXECUTIVE COMPENSATION. ON AN AD HOC BASIS, ADJUSTMENTS ARE MADE BASED ON EXCEPTIONAL PERFORMANCE OR JOB PROMOTIONS. OFTEN PAY IS SET UPON HIRING AND IS BASED ON EDUCATION, PRIOR COMPENSATION, AND INTERNAL EQUITY. THE CEO APPROVES ALL NEW HIRE SALARIES AND ANY PAY ADJUSTMENTS TO ANYONE ON THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE PROVIDED TO VARIOUS STATE AND COUNTY GOVERNMENTS. THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS 384,940. INCOME FROM CONSOLIDATED AFFILIATES -354,863. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. VALLEY CROSSROADS 4460 S HIGHLAND DR STE 230 MILLCREEK UT 84121 870536602 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES. UT 501(C)(3) YES N/A 0 VALLEY VILLA 4460 S HIGHLAND DR STE 230 MILLCREEK UT 84121 870516364 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES. UT 501(C)(3) YES N/A 0 SALT LAKE MENTAL HEALTH HOUSING INC 4460 S HIGHLAND DR STE 230 MILLCREEK UT 84121 942938347 PROVIDE LOW INCOME HOUSING TO MENTALLY ILL PEOPLE WHO COULD NOT AFFORD IT. UT 501(C)(3) YES N/A 0 HIDDEN OAKS V 301 WEST 5400 SOUTH STE 201 MURRAY UT 84107 870517174 LOW INCOME HOUSING COMPLEX UT VBH RELATED 297612 2520798 0 0 0.70310 SAFE HAVEN II LLC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 043719958 LOW INCOME HOUSING UT VBH RELATED -122454 1078628 0 1 0.90000 VALLEY SAFE HAVEN LLC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 870632935 LOW INCOME HOUSING UT VBH RELATED -124176 329214 0 1 0.90000 VALLEY WOODS I LC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 870550386 LOW INCOME HOUSING UT VBH RELATED -157772 380075 0 1 0.90000 IRON HORSE PARK LC 301 WEST 5400 SOUTE SUITE 201 MURRAY UT 84107 870517175 LOW INCOME HOUSING COMPLEX UT VBH RELATED 186594 2930623 0 0 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0