2025-11-17T16:55:56-06:00 2024-12-31 202253063 TANNER LLC 36 S STATE STREET SUITE 600 SALT LAKE CITY UT 84111 990 2024-01-01 942938348 VALLEY MENTAL HEALTH INCORPORATED VALL 8012637100 4460 SOUTH HIGHLAND DRIVE 230 SALT LAKE CITY UT 84124 SPENCER SEAQUIST CFO 8012637100 2025-11-17 1 0 MARC A METCALF P00170461 8015327444 2025-11-17 2024 2025-03-06 01:10:19Z VALLEY BEHAVIORAL HEALTH SPENCER SEAQUIST 5965 SOUTH 900 EAST STE 420 SLC UT 84121 76829487 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 9 943 8 0 0 66079584 68532181 7194588 7506778 -6158 202407 562254 588121 73830268 76829487 0 0 0 0 41799779 42547414 0 0 359165 36423409 35320475 78223188 77867889 -4392920 -1038402 61007084 58941361 11890175 10936838 49116909 48004523 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 17113850 24309953 ADULT SERVICES - PROVIDES OUTPATIENT AND INPATIENT SERVICES FOR MENTALLY ILL ADULTS 7446343 8622973 HOUSING - PROVIDES HOUSING AND RELATED SERVICES TO MENTALLY ILL, LOW-INCOME OR OTHER AT-RISK GROUPS. 8523953 9700199 INTELLECTUAL OR DEVELOPMENTAL DISABILITIES IS FOCUSED ON THOSE IN THE AUTISM SPECTRUM. 30491090 34538226 CLIENT SERVICES - PROVIDES VARIOUS ADDITIONAL PSYCHIATRIC SERVICES FOR CLIENTS. 30491090 34538226 63575236 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 1 126 0 943 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 3725 W 4100 S WEST VALLEY CITY UT 84120 JIM DUNNIGAN VICE 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 MITCH TIBBITTS BOARD TREASURER 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 JULIA HOOD 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 385550 0 38874 B TODD THATCHER VP - MEDICAL SERVICES 40.00 X 393440 0 40276 SPENCER SEAQUIST CHIEF FINANCIAL OFFICER 40.00 X 208963 0 33385 JULIE RAEL CHIEF CLINICAL OFFICER 40.00 X 154225 0 17788 STEVE HAVERTZ VP - ADULT SERVICES 40.00 X 150983 0 21577 JULIE WINN VP - CHILD/FAMILY/IDD SERV 40.00 X 149955 0 6500 RUSSELL OPATZ VP - HOUSING/SUPPORT SERVI 40.00 X 149612 0 25955 1592728 0 184355 7 0 1 0 0 68532181 68532181 MEDICAID & MEDICARE 7506778 7506778 7506778 202407 202407 385768 0 385768 385768 385768 OTHER INCOME 202353 202353 202353 76829487 8094899 0 202407 1777083 1777083 33281488 25586101 7418991 276396 4863359 4200453 620477 42429 2625484 2034225 570711 20548 146628 2201 144405 22 2495593 1957243 518580 19770 180314 40881 139433 1340215 153919 1186296 247940 247940 154174 136196 17978 2496178 1464491 1031687 619823 442907 176916 COST OF GOODS SOLD 19162224 19162224 UTILITIES 3719736 2987786 731950 OTHER OPERATING EXPENSE 2546246 1546762 999484 PROGRAM FOOD & SUPPLIES 1256059 1255736 323 955345 579088 376257 77867889 63575236 13933488 359165 7473136 8609171 7286987 6239848 571754 781285 63912832 31229855 34035068 32682977 5780636 5290019 5859503 5338061 61007084 58941361 8316946 8717651 1000000 0 2573229 2219187 11890175 10936838 X 45382528 44253049 3734381 3751474 49116909 48004523 61007084 58941361 X -1038402 -73984 X X 0 1 X 1 1 1 X 69293293 72604308 74735635 73274172 76038959 365946367 69293293 72604308 74735635 73274172 76038959 365946367 365946367 9137474 305656 3087917 490511 444203 13465761 379412128 35001814 0.96450 0.95930 X 7949156 7949156 39524285 23286629 16237656 9722062 2566668 7155394 1012431 868548 143883 5704898 4508010 1196888 32682977 CAPITAL INVESTMENTS VALLEY WOODS -130037 C CAPITAL INVESTMENTS VALLEY SAFE HAVEN II 841832 C CAPITAL INVESTMENTS VALLEY HORIZONS -82122 C CAPITAL INVESTMENTS SAFE HAVEN I -261898 C CAPITAL INVESTMENTS HIDDEN OAKS 2483908 C CAPITAL INVESTMENTS IRON HORSE 2438336 C 5290019 OTHER 1014366 INVST IN WHOLLY OWNED HUD PROJECT 1398374 CONSTRUCTION IN PROGRESS 704550 LEASED ASSETS 2220771 5338061 LEASE LIABILITY 2219187 2219187 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 393440 0 0 0 0 0 17021 0 23255 0 433716 0 0 0 JARED SANFORD CHIEF EXECUTIVE OFFICER 385550 0 0 0 0 0 15615 0 23259 0 424424 0 0 0 SPENCER SEAQUIST CHIEF FINANCIAL OFFICER 208963 0 0 0 0 0 10436 0 22949 0 242348 0 0 0 RUSSELL OPATZ VP - HOUSING/SUPPORT SERVI 149612 0 0 0 0 0 4886 0 21069 0 175567 0 0 0 STEVE HAVERTZ VP - ADULT SERVICES 150983 0 0 0 0 0 7372 0 14205 0 172560 0 0 0 JULIE RAEL CHIEF CLINICAL OFFICER 154225 0 0 0 0 0 2200 0 15588 0 172013 0 0 0 JULIE WINN VP - CHILD/FAMILY/IDD SERV 149955 0 0 0 0 0 6000 0 500 0 156455 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 -318,232. INCOME FROM CONSOLIDATED AFFILIATES 244,248. 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 340655 2570927 0 0 0.70310 SAFE HAVEN II LLC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 043719958 LOW INCOME HOUSING UT VBH RELATED -90961 0 1 VALLEY SAFE HAVEN LLC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 870632935 LOW INCOME HOUSING UT VBH RELATED -101900 0 1 1.00000 VALLEY WOODS I LC 4460 HIGHLAND DRIVE SUITE 210 MILLCREEK UT 84121 870550386 LOW INCOME HOUSING UT VBH RELATED -61925 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 257391 2751785 0 0 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0