2021-08-13T11:53:27-05:00 2020-09-30 PricewaterhouseCoopers LLP 600 13TH STREET NW STE 1000 WASHINGTON DC 20005 990 2019-10-01 237352886 THE VALLEY FOUNDATION % W SCOTT BENCE VALL 2565397757 301 GOVERNORS DRIVE SW HUNTSVILLE AL 35801 W SCOTT BENCE TREASURER 2565397757 2021-08-12 true TRAVIS L PATTON P00369623 2024141000 2021-08-05 2019 2022-09-23 18:48:47Z ROGER SMALLIGAN 301 GOVERNORS DRIVE SW HUNTSVILLE AL 35801 10337830 false X N/A X 1973 AL THE FOUNDATION PROVIDES ASSISTANCE TO THE UNIVERSITY OF ALABAMA AT BIRMINGHAM FOR ITS MEDICAL EDUCATION, TRAINING, AND RESEARCH PROGRAMS. 17 10 39 12 0 0 0 0 9333199 9992884 326082 184561 0 0 9659281 10177445 329074 120000 0 0 4307379 4516297 0 0 0 4498575 4913541 9135028 9549838 524253 627607 13299781 14705356 2903672 3664624 10396109 11040732 TO GRATEFULLY TREAT ALL PATIENTS AND STAFF WITH COMPASSION, RESPECT AND UNDERSTANDING WHILE PROVIDING THE HIGHEST QUALITY MEDICAL CARE AND SERVICE AVAILABLE IN NORTH ALABAMA. WE ARE DEDICATED TO SATISFYING THE INDIVIDUAL NEEDS OF OUR PATIENTS THROUGH PROVIDING EASY ACCESS TO SERVICES IN A SAFE AND CARING ENVIRONMENT WHERE EVERYONE FEELS SPECIAL. THE SCHOOL OF MEDICINE IS DEDICATED TO THE EDUCATION OF PHYSICIANS AND SCIENTISTS IN ALL OF THE DISCIPLINES OF MEDICINE AND BIOMEDICAL INVESTIGATION FOR CAREERS IN PRACTICE, TEACHING AND RESEARCH. NECESSARY TO THIS EDUCATIONAL MISSION IS THE PROVISION OF OUTSTANDING MEDICAL CARE AND SERVICES AND THE ENHANCEMENT OF NEW KNOWLEDGE THROUGH CLINICAL AND BASIC BIOMEDICAL RESEARCH. false false 5933368 0 9992884 PATIENT CARE SERVICES. PATIENT ENCOUNTERS THIS YEAR WERE 74,746. 3065932 120000 0 SUPPORT TO THE UNIVERSITY OF ALABAMA AT BIRMINGHAM. THE VALLEY FOUNDATION PROVIDES THE UNIVERSITY OF ALABAMA BIRMINGHAM'S HUNTSVILLE REGIONAL MEDICAL CAMPUS ACCESS TO PATIENTS AND MEDICAL SERVICES TO FACILITATE THE CLINICAL TRAINING NECESSARY TO MEET EDUCATIONAL REQUIREMENTS FOR THIRD AND FOURTH YEAR MEDICAL STUDENTS, INTERNAL AND FAMILY MEDICINE RESIDENTS. TRAINING WAS PROVIDED FOR 60 RESIDENTS AND 65 MEDICAL STUDENTS. 411017 0 0 CONTRACTED CLINICAL SERVICES PROVIDED AT A LOCAL NURSING HOME, THE MADISON COUNTY MENTAL HEALTH CENTER, HOSPICE, ALETHEIA HOUSE, COUNTY JAIL, HUNTSVILLE HOSPITAL, & THRIVE ALABAMA. 9410317 true false false false false false false false false false true false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 70 0 39 true false false false false false false false false false false false false X 17 10 true false false false false false false true true false false true true true true true true true true false X W SCOTT BENCE 2565397757 301 GOVERNORS DRIVE SW SUITE 313G HUNTSVILLE AL 35801 DR SELWYN VICKERS MD CHAIRMAN OF THE BOARD 3.0 44.0 X X 0 1475310 153766 MS DAWN BULGARELLA BOARD MEMBER 2.0 44.0 X 0 829830 62713 MR ROGER SMALLIGAN PRESIDENT / CEO 20.0 21.0 X X 325686 260267 88019 MR JOHN FANNING BOARD MEMBER (AS OF 10/19) 25.0 20.0 X 182125 186307 49730 MR W SCOTT BENCE TREASURER 40.0 20.0 X 207527 127811 61782 DR ALAN BAGGETT PHYSICIAN 25.0 20.0 X 244955 73647 47885 DR FARRAH IBRAHIM PHYSICIAN 25.0 20.0 X 157868 96436 54979 DR NANCY BLEVINS BOARD MEMBER 40.0 20.0 X 144550 108887 30848 DR PAREKHA YEDLA PHYSICIAN 40.0 20.0 X 151410 85352 31626 DR KATHERINE MOODY PHYSICIAN 40.0 0.0 X 168855 67332 20609 DR MARSHA DANIELL PHYSICIAN 40.0 0.0 X 156559 26655 15200 MS PAULA WYRE SECRETARY 20.0 20.0 X 147888 0 15655 DR PATRICE KNIGHT MD BOARD MEMBER (UNTIL 09/20) 20.0 0.0 X 11672 26357 121 MR CHARLES H JONES BOARD MEMBER 2.0 0.0 X 0 0 0 MR DANA TOWN BOARD MEMBER 3.0 0.0 X 0 0 0 MR DEVYN KEITH BOARD MEMBER 1.0 0.0 X 0 0 0 MR JOHN WYNN BOARD MEMBER 1.0 0.0 X 0 0 0 DR LAKSHMI NALLAMALA BOARD MEMBER 2.0 0.0 X 0 0 0 MR MICHAEL AHEARN BOARD MEMBER 1.0 0.0 X 0 0 0 MR PETER LOWE BOARD MEMBER 2.0 0.0 X 0 0 0 MR RONALD GRAY BOARD MEMBER 2.0 5.0 X 0 0 0 HON SCHUYLER RICHARDSON BOARD MEMBER 1.0 0.0 X 0 0 0 MR THOMAS YOUNG BOARD MEMBER 1.0 0.0 X 0 0 0 MR TIM HOWARD BOARD MEMBER 1.0 0.0 X 0 0 0 MR WILLIAM BRITT SEXTON BOARD MEMBER 1.0 2.0 X 0 0 0 1899095 3364191 632933 19 false true false NONE 0 0 NET PATIENT REVENUE 900099 9084205 9084205 PAYER INCENTIVES 900099 158185 158185 MISCELLANEOUS 900099 750494 750494 9992884 344946 344946 0 0 0 0 0 160385 -160385 -160385 -160385 0 0 0 0 0 0 0 0 0 0 10177445 9992884 184561 120000 120000 0 0 0 952819 952819 0 3069937 3069937 0 303766 303766 189775 189775 0 0 56070 56070 0 0 0 10711 10711 234431 202903 31528 6496 4770 1726 7418 3778 3640 2271 2271 0 24935 21147 3788 15909 651 15258 0 4638 4638 0 0 2917 2917 122749 118017 4732 HEALTH SERVICES 3026439 3026439 BAD DEBT EXPENSE 1303132 1303132 ENTERTAINMENT 49735 39938 9797 DUES & SUBSCRIPTIONS 32672 32672 13018 13018 9549838 9410317 139521 0 611 611 3879535 5631351 0 0 1237327 985004 0 0 0 0 0 0 0 0 0 0 135332 135332 2917 0 8179391 8088390 0 0 0 0 0 0 0 0 13299781 14705356 2903672 3009828 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 654796 2903672 3664624 X 10396109 11040732 0 0 10396109 11040732 13299781 14705356 627607 17016 X false true X true false X 0 0 0 0 0 0 6994614 8081190 9489803 9333199 9992884 43891690 0 0 0 6994614 8081190 9489803 9333199 9992884 43891690 0 0 0 43891690 294759 335994 337967 379997 344946 1693663 0 294759 335994 337967 379997 344946 1693663 0 0 7289373 8417184 9827770 9713196 10337830 45585353 0.96285 0.96394 0.03715 0.03606 X 135332 135332 0 0 0 CARES ACT FUNDING 654796 654796 8880618 17016 -1313843 -1296827 10177445 10177445 8235995 8235995 10711 1303132 1313843 9549838 PART XI, LINE 2D: PROVISION FOR BAD DEBTS: ($1,303,132) INVESTMENT EXPENSES: ($10,711) ----------- TOTAL: ($1,313,843) PART XII, LINE 4B: PROVISION FOR BAD DEBTS: $1,303,132 true UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE 510 20TH ST S BIRMINGHAM AL 35210 636001138 501(C)(3) 120000 SPRT ACAD. MISSION 1 SCHEDULE I, PART I, LINE 2: USE OF FUNDS ARE MONITORED BY THE FINANCIAL OFFICER AND TREASURER THROUGH NORMAL APPROVAL PATHS IN ACCORDANCE WITH THE RULES SET BY THE GRANTING AGENCY. X X X X X false false false false false false false false false DR ALAN BAGGETT PHYSICIAN 203455 73566 41500 0 0 81 8994 13556 2428 22907 256377 110110 0 0 MS DAWN BULGARELLA BOARD MEMBER 0 522723 0 174270 0 132837 0 56000 0 6713 0 892543 0 0 DR FARRAH IBRAHIM PHYSICIAN 116368 95970 41500 0 0 466 10293 41713 2533 440 170694 138589 0 0 MR JOHN FANNING BOARD MEMBER (AS OF 10/19) 136000 185359 46125 0 0 948 0 25620 2037 22073 184162 234000 0 0 DR KATHERINE MOODY PHYSICIAN 139249 67285 29606 0 0 47 10061 7635 2605 308 181521 75275 0 0 DR MARSHA DANIELL PHYSICIAN 120242 26655 36317 0 0 0 11724 0 3354 122 171637 26777 0 0 DR NANCY BLEVINS BOARD MEMBER 87279 108328 57271 0 0 559 8510 18866 2975 497 156035 128250 0 0 DR PAREKHA YEDLA PHYSICIAN 109910 85100 41500 0 0 252 9663 15499 2162 4302 163235 105153 0 0 MS PAULA WYRE SECRETARY 128888 0 19000 0 0 0 12312 0 3343 0 163543 0 0 0 MR ROGER SMALLIGAN PRESIDENT / CEO 268686 258002 57000 0 0 2265 16570 43823 5792 21834 348048 325924 0 0 DR SELWYN VICKERS MD CHAIRMAN OF THE BOARD 0 852747 0 439978 0 182585 0 119228 0 34538 0 1629076 0 0 MR W SCOTT BENCE TREASURER 169527 127095 38000 0 0 716 26251 21010 3911 10610 237689 159431 0 0 FORM 990, PART VI, LINE 2: MICHAEL AHEARN AND PETER LOWE - FAMILY RELATIONSHIP FORM 990, PART VI, LINE 11B: THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, LINE 12C: ANNUAL DISCLOSURES ARE MADE AND SUBMITTED TO LEGAL COUNSEL FOR REVIEW AND MITIGATION SUGGESTIONS. AN AD-HOC COMMITTEE OF THE BOARD THEN REVIEWS AND ENFORCES COMPLIANCE WITH THE POLICY. FORM 990, PART VI, LINES 15A & 15B: THE COMPENSATION COMMITTEE OF BOARD RETAINS SOLE APPROVAL AUTHORITY FOR COMPENSATION AND IS COMPRISED OF INDEPENDENT DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS AND COMPARES CURRENT SALARY TO NATIONAL SALARY/WAGE DATA FOR SIMILARLY SITUATED INDIVIDUALS. FORM 990, PART VI, LINE 19: THE VALLEY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ONLY UPON REQUEST. SEE ATTACHMENT NA SEE ATTACHMENT NA false true false false false false false false false false false false true true true true false false false FORM 990, SCHEDULE R, PART II - NAMES OF RELATED ORGANIZATIONS: THE ATTACHED LIST OF ENTITIES ARE FOUNDATIONS OR SUBSIDIARIES AFFILIATED WITH THE UNIVERSITY OF ALABAMA SYSTEM AND ITS VARIOUS CAMPUSES. SOME OF THESE ENTITLES MAY NOT MEET THE IRS DEFINITION OF "RELATED ORGANIZATION" FOR PURPOSES OF SCHEDULE R. THEY ARE INCLUDED, HOWEVER, ON THIS ATTACHED STATEMENT FOR PURPOSES OF COMPLETENESS AND TRANSPARENCY. ALABAMA CARE NETWORK CENTRAL (EXEMPT) ALABAMA CARE NETWORK EAST (EXEMPT) ALABAMA CARE NETWORK MID-STATE (EXEMPT) ALABAMA CARE NETWORK SOUTHEAST (EXEMPT) ALABAMA CARE PLAN (EXEMPT) ALABAMA ENGINEERING FOUNDATION, INC. (EXEMPT) ALABAMA PHYSICIAN NETWORK, LLC (LLC) ALUMNI OF FARRAH ORDER OF JURISPRUDENCE AND ORDER OF THE COIF (EXEMPT) CAMPUS HOSPITALITY SERVICES, LLC (LLC) CAPSTONE EDUCATIONAL AND RESEARCH FOUNDATION (EXEMPT) CAPSTONE HEALTH SERVICES FOUNDATION, P.C. (EXEMPT) CARE NETWORK OF ALABAMA, INC. (EXEMPT) COMMERCIAL REAL ESTATE, LLC (LLC) COOPER GREEN MERCY HEALTH SERVICES AUTHORITY, AN AFFILIATE OF UAB HEALTH SYSTEM (C CORP) CRIMSON TIDE FOUNDATION (EXEMPT) EMINENT SCHOLARS FOUNDATION (EXEMPT) GORGAS MEMORIAL INSTITUTE OF TROPICAL AND PREVENTATIVE MEDICINE, INC. (C CORP) MEDICAL TOWERS, INC. (C CORP) MEDICAL WEST HOSPITAL AUTHORITY, AN AFFILIATE OF UAB HEALTH SYSTEM (EXEMPT) RIDGECREST STUDENT HOUSING, LLC (LLC) SOUTHERN RESEARCH INSTITUTE (EXEMPT) THE 1831 FOUNDATION (EXEMPT) THE ALABAMA "A" CLUB EDUCATIONAL AND CHARITABLE FOUNDATION (EXEMPT) THE ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE (EXEMPT) THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA (EXEMPT) THE CAPSTONE FOUNDATION (EXEMPT) THE HEALTH CARE AUTHORITY FOR BAPTIST HEALTH, AN AFFILIATE OF UAB HEALTH SYSTEM (C CORP) THE KIRKLIN CLINIC, INC. (C CORP) THE NATIONAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA (EXEMPT) THE NATIONAL ALUMNI SOCIETY OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM (EXEMPT) THE UAB DIABETES TRUST FOUNDATION (EXEMPT) THE UAB EDUCATIONAL FOUNDATION (EXEMPT) THE UAB RESEARCH FOUNDATION (EXEMPT) THE UNIVERSITY FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA "A" CLUB ALUMNI ASSOCIATION (EXEMPT) THE UNIVERSITY OF ALABAMA DONOR ADVISED FUND (EXEMPT) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE PUBLIC EDUCATION BUILDING AUTHORITY (EXEMPT) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE RESEARCH AND TECHNOLOGY CORPORATION (EXEMPT) THE UNIVERSITY OF ALABAMA LAW SCHOOL FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA OPHTHALMOLOGY SERVICES FOUNDATION (EXEMPT) THE VALLEY FOUNDATION (EXEMPT) THE WORKPLACE, INC. (C CORP) TRITON HEALTH SYSTEMS, LLC (LLC) UA-ASU-TSU EDUCATIONAL RADIO CORPORATION (EXEMPT) UAB ATHLETICS FOUNDATION (EXEMPT) UAB CALLAHAN EYE HOSPITAL AUTHORITY (EXEMPT) UAB HEALTH SYSTEM (EXEMPT) UAB HEALTH SYSTEM AUTHORITY (EXEMPT) UAB HOSPITAL MANAGEMENT, LLC (LLC) UAB MEDICINE FINANCE AUTHORITY (C CORP) UAB-SVCHS, INC. (EXEMPT) UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION, P.C. (EXEMPT) UNIVERSITY OF ALABAMA HUNTSVILLE FOUNDATION (EXEMPT) VIVA HEALTH ADMINISTRATION, LLC (LLC) VIVA HEALTH, INC. (EXEMPT)