2025-11-12T14:49:45-07:00 2025-06-30 990 2024-07-01 450392710 VALLEY SENIOR LIVING FOUNDATION VALL 7017877997 2900 14th Ave S Grand Forks ND 58201 Shaun Havis President 7017877997 2025-11-12 1 2024 2025-03-06 01:10:19Z Garth Rydland 2900 14th Ave S Grand Forks ND 58201 683705 0 X www.valleyseniorliving.org X 1985 ND The purpose of Valley Senior Living Foundation is to seek and accept philanthropic gifts to perpetuate an endowment fund and to support services that enhance the care of the residents of Valley Senior Living. 11 9 0 267 0 0 702863 472735 0 0 1023 630 19088 162490 722974 635855 171629 826152 0 0 192292 228474 0 0 142003 36311 56065 400232 1110691 322742 -474836 4410021 4298722 83203 43858 4326818 4254864 The purpose of Valley Senior Living Foundation is to seek and accept philanthropic gifts to perpetuate an endowment fund and to support services that enhance the care of the residents of Valley Senior Living. 0 0 662387 0 0 We identified a need to purchase land for future development to provide long term care in the community. Proceeds from board designated invested funds were utilized and provided to Valley Homes and Services, a related organization, to go towards the land purchase. 37258 0 37258 We identified a need for interior renovations at Tufte Manor. Proceeds from Myra Foundation grant and other designated funds were utilized for the project. 9723 0 9723 We identified a need for spiritual care when the first Valley Senior Living facility opened 100 years ago. We believe spiritual care is important in the lives of our residents. These funds were used to help continue the chaplaincy program for all residents, family and staff. Valley Senior Living employee two full-time chaplains and also has two flex chaplains. 189150 0 189150 Other program services included funding a number of items and programs that enhance the quality of life for the residents. Records are maintained to track designation of use by donor for a specific facility and/or program. 189150 0 189150 898518 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 X Lorilee A Bott 7017877912 2900 14th Ave S Grand Forks ND 58201 Garth Rydland President/CEO Valley Senior Living 0 40 X X X X 0 286652 23427 Gina Roller Administrator Valley Senior Living on 42nd 0 40 X X 0 195249 17683 Lorilee Bott CFO 0 40 X X 0 180588 20436 Adam Edwards Chief Human Resource Officer 0 40 X X 0 172396 23925 Jessica Baumgarten Director of Nursing Valley Senior Living on Columbia 0 40 X X 0 169024 18280 Jennifer Schultz Director of Nursing Woodside Village 0 40 X 0 145002 16747 Angela Goulet Tufte Manor Administrator, Dir PCS TM and WT 0 40 X 0 128895 20700 Sally Grosgebauer Marketing Coordinator 6 34 X 0 100883 18463 Shaun Havis President Valley Senior Living Foundation 40 0 X X X 97540 0 18809 Carol Svendson Chairperson 0 0 X X 0 0 0 Scott Berge Treasurer 0 0 X X 0 0 0 Megan Flom Secretary 0 0 X X 0 0 0 Brittany Caillier Vice Chair 0 0 X X 0 0 0 Monica Musich Director 0 0 X 0 0 0 Kathleen Meagher Director 0 0 X 0 0 0 Margaret Reed Ex Officio 0 0 X 0 0 0 Dwight Thompson Ex Officio 0 0 X 0 0 0 Chris Wolf Director 0 0 X 0 0 0 97540 1378689 178470 0 0 1 0 0 0 0 0 0 0 472735 0 472735 0 630 630 0 0 0 0 0 0 0 0 0 0 0 0 0 0 209306 0 47850 161456 0 161456 1034 1034 0 0 1034 635855 1664 0 161456 826152 826152 147246 67733 22087 57426 81228 0 21033 60195 1750 0 1750 0 2835 0 0 2835 5125 2375 904 1846 741 741 0 0 1703 0 349 1354 Donor Expense 9347 0 0 9347 Dues, Licenses 14925 0 14925 0 Printing, Publications and Postage 9100 1517 7583 0 Consultant 9000 0 0 9000 1539 0 1539 0 1110691 898518 70170 142003 255403 272849 76593 53018 5783 5783 37441 32609 6535 4832 4042719 3938225 22988 24015 4410021 4298722 46031 408 37172 43450 83203 43858 X 1804989 1452596 2521829 2802268 4326818 4254864 4410021 4298722 -474836 402882 0 0 0 0 X X 0 1 1 0 X 340348 481751 490718 564284 469382 2346483 340348 481751 490718 564284 469382 2346483 2346483 552155 249 1048 1023 630 555105 51116 88248 61278 66909 170836 438387 3339975 0.70255 0.68639 X Schedule A, Part II, Line 10 Other income consists of special fundraising events and miscellaneous revenues. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4042719 264007 426943 0 771386 24061 3938222 3342927 327539 436562 0 35107 29202 4042719 2889196 326768 158153 0 0 31190 3342927 3163291 237043 -429147 0 59309 22682 2889196 2583243 81248 572597 0 52971 20826 3163291 0.598 0.058 0.344 1 0 0 0 0 0 0 0 0 0 0 0 0 37441 0 32609 4832 0 0 0 0 4832 Schedule D, Part V, Line 4 The organization's endowment fund earnings are used for the purposes designated by the various donors (chaplaincy., music therapy, intergenerational progamming, community connections, activiites, etc.). Principal amount of endowed gifts are maintained intact. Valley Senior Living Foundation Golf Tournament 64879 0 64879 0 0 0 5530 0 16971 Valley Senior Living Foundation Oktoberfest 59997 0 59997 0 0 0 0 0 1378 3 84430 0 84430 0 0 1325 15728 900 6018 209306 0 209306 0 0 1325 21258 900 24367 47850 161456 X X X X 0 1 0 0 0 0 0 0 0 Garth Rydland President/CEO Valley Senior Living 0 270457 0 16195 0 0 0 17480 0 5947 0 310079 0 0 Gina Roller Administrator Valley Senior Living on 42nd 0 187249 0 8000 0 0 0 11951 0 5732 0 212932 0 0 Lorilee Bott CFO 0 180588 0 0 0 0 0 11726 0 8710 0 201024 0 0 Adam Edwards Chief Human Resource Officer 0 163958 0 8438 0 0 0 11279 0 12646 0 196321 0 0 Jessica Baumgarten Director of Nursing Valley Senior Living on Columbia 0 169024 0 0 0 0 0 10562 0 7718 0 187304 0 0 Schedule J, Part I, Line 4 Valley Senior Living, a related organizaiton, participates in a 457B plan. Form 990, Part V, Line 2a Valley Senior Living, a related organization, processes the payroll for Valley Senior Living Foundation's empoloyees. W2s and W3s are filed under EIN 45-0448164. Form 990, Part VI, Section A, Line 9 Carol Svendson, 2123 12th Ave NW, East Grand Forks, MN 56721; Brittany Caillier, 726 Shelby Court NE, Thompson, ND 58278; Megan Flom, 401 Demers Ave, Grand Forks, ND 58201; Scott Berge, 1150 48th Street, Grand Forks, ND 58201; Kathleen Meagher, 2103 44th Ave S, Grand Forks, ND 58201; Monica Musich, 523 Schroeder Dr, Grand Forks, ND 58201; Chris Wolf, 401 Demers Ave, Grand Forks, ND 58201; Margaret Reed, 297 Circle Hills Dr, Grand Forks, ND 58201; Dwight Thompson, 541 Aviamar Circle, Grand Forks, ND 58201 Form 990, Part VI, Section B, Line 11b The CFO with the assistance of the President prepares the Form 990. A draft of the Form 990, and all applicable schedules, is given to the Board of Directors for review at a meeting prior to the filing deadline. The CFO explains changes on the Form 990 and specifically reviews Part VI with the Board of Directors and answers any questions. Form 990, Part VI, Section B, Line 12c Annually each board member is given a form which is an excerpt form Section 8.1 of the bylaws regarding conflict of interest. After reviewing the policy each director signs and dates the form. Form 990, Part VI, Section B, Line 15 The compensation process for the President of Valley Senior Living Foundation includes a performance appraisal completed by the President/CEO oif Valley Senior Living with input from the Board Chair of Valley Senior Living Foundation. The President of the Foundaiton also completes a self evaluation utilizing the same appraisal form. Upon complemention of the evaluation, comments are documented and the appraisal is signed by the President/CEO of Valley Senior Living and the President of the Foundation. The President/CEO contacts like organization for comparability data regarding base salary. The President/CEO of Valley Senior Living (a related organization) compensation is determined by a compensation committee. The committee reviews the state compensation survey each year to assess how the CEO's base salary compares with other organizations of similar size and function. Form 990, Part VI, Section C, Line 19 Valley Senior Living Foundation's governing documents, conflict of interest policy, and financial statements are available upon request. Requests should be made at the Valley Senior Living Foundation office located at 2900 14th Ave S, Grand Forks, ND 58201 between 8:30-4:30 Monday through Friday. Form 990, Part XII, Line 2c For fiscal year ending June 30, 2025 Valley Senior Living Foundation was included in the audit of Valley Senior Living and Subsidiaries. The auditors presented report at Valley Senior Living Foundation board meeting specifically addressed Valley Senior Living Foundation's financial information found in the Consolidating Balance Sheets, Consolidating Statements of Operations and Consolidating Statements of Changes in Net Assets. The consolidated financial statements were reviewed and approved by the Executive Committee of Valley Senior Living. Valley Homes and Services 2900 14th Ave S Grand Forks ND 58201 450229071 Skilled Nursing/Basic Care ND 501 (c) 3 Line 12 N/A 0 4000 Valley Square DBA Valley Senior Living on 42nd 4000 24th Ave S Grand Forks ND 58201 311558826 Skilled Nurs/Asst Liv/Sr Housing ND 501 (c) 3 Line 12 N/A 0 Valley Senior Living 2900 14th Ave S Grand Forks ND 58201 450448164 Management and Support Healthcare Facilities ND 501 (c) 3 Line 13 Type 1 N/A 0 Cherrywood Village 2900 14th Ave S Grand Forks ND 58201 454276187 Low Income Sr Apartments ND 501 (c) 3 Line 9 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 Valley Homes and Services b 792264 Actual contribution. 4000 Valley Square DBA Valley Senior Living on 42nd b 34562 Actual contribution. Valley Senior Living b 3538 Actual contribution.