Nonprofit · EIN 82-4092268
VALEO VOCATION
Tax-exempt · TACOMA, WA 98415
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,620,316 | $6,680,403 | -$60,087 | $5,586,427 | $1,407,318 | $4,179,109 |
| December 31, 2024 | 990 | $7,316,182 | $5,984,879 | $1,331,303 | $5,664,490 | $1,033,534 | $4,630,956 |
| December 31, 2023 | 990 | $8,053,706 | $5,403,099 | $2,650,607 | $5,846,330 | $2,441,542 | $3,404,788 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,443,753
- of which government grants
- $4,092,187
- Program service revenue
- $2,176,353
- Investment income
- $210
- Net gain from sales of assets
- -$552
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $31,474
- Compensation of officers, directors and key employees
- $201,723
- Other salaries and wages
- $4,089,034
- Salaries, compensation and benefits (total)
- $5,075,225
- Professional fundraising fees
- $38,500
- Legal fees
- $50,242
- Accounting fees
- $65,268
- Occupancy
- $293,340
- Travel
- $20,204
- Depreciation
- $102,052
- Program services (functional)
- $5,545,347
- Management and general (functional)
- $991,470
- Fundraising (functional)
- $143,586
Balance sheet and other
- Total assets, start of year
- $5,664,490
- Total assets, end of year
- $5,586,427
- Total liabilities, end of year
- $1,407,318
- Net assets, end of year
- $4,179,109
- Land, buildings and equipment
- $4,301,565
- Net assets without donor restrictions
- $4,179,110
- Gross receipts
- $6,621,138
- Employees
- 312
- Volunteers
- 5
- Year formed
- 2018
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sherri Jensen | Executive Director Key employee, Highest-paid employee | 40 | $150,088 | $27,841 |
| Bruce Taylor | Chief Operating Officer Trustee or director, Key employee | 40 | $24,174 | $0 |
| Luis Rivera Zayas | President Officer | 1 | $0 | $0 |
| Corwin Scott | Board Member Trustee or director | 1 | $0 | $0 |
| Erica Azcueta | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sherri Jensen | Executive Director Key employee, Highest-paid employee | 40 | $153,000 | $24,444 |
| Shannon Hassan | Director of Social Enterprise Highest-paid employee | 40 | $92,096 | $9,077 |
| Luis Rivera Zayas | President Officer | 1 | $0 | $0 |
| Levongia Carrera | Treasurer Officer | 1 | $0 | $0 |
| Mark Winter | Board Member Trustee or director | 1 | $0 | $0 |
| Corwin Scott | Board Member Trustee or director | 1 | $0 | $0 |
| Erica Azcueta | Board Member Trustee or director | 1 | $0 | $0 |
| Bruce Taylor | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sherri Jensen | Executive Director Key employee | 40 | $142,115 | $12,448 |
| Luis Rivera Zayas | President Officer | 1 | $0 | $0 |
| Levongia Carrera | Treasurer Officer | 1 | $0 | $0 |
| Mark Winter | Board Member Trustee or director | 1 | $0 | $0 |
| Corwin Scott | Board Member Trustee or director | 1 | $0 | $0 |
| Erica Azcueta | Board Member Trustee or director | 1 | $0 | $0 |
| Bruce Taylor | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5907, TACOMA, WA 98415-0907
- In care of
- % SHERRI JENSEN
- Principal officer (990 for 2025)
- Sherri Jensen, Po Box 5907, Tacoma, WA 98415
- Signed the 990
- Sherri Jensen, Executive Director
- Phone
- (253) 301-2134
- Return prepared by
- Solid Chops Accounting LLC
Mission
Valeos purpose is to use employment as a tool to end homelessness for participants by providing transitional jobs subsidized employment vocational training comprehensive case management financial counseling career navigation and support services.
Program accomplishments
- Workforce Housing & Shelter Operations: Managed multiple workforce shelter and housing sites including enhancing the Calyx Communities model. Upgraded the MLK site to accommodate 30 seasonal shelter participants and progressed with the development of the Altheimer site for couples housing. Continued overseeing shelter contracts in Olympia and Pierce County providing stable housing with comprehensive workforce support. In total Valeo assisted 1131 participants across our shelter programs. Workforce Development & Employment Services: Offered transitional and supported employment to 1024 individuals including 990 new participants in 2025. Of these 74% were unhoused upon intake 38% had justice involvement and 34% were managing behavioral health concerns. Re-Entry Services Pathways to Progress-PTP: Expanded Valeos inaugural specialized re-entry program in collaboration with Pierce County District Court. This program furnishes workforce and housing assistance to justice-impacted individuals engaged with the district court aiding 50 individuals through our innovative WorkCrew Program. Social Enterprise Development SED: Broadened commercial and nonprofit staffing operations yielding over 1,684,622.24 in earned income from contracts with three new employer partners in 2025: Tacoma Humane Society Superior Builders and Precision Iron Works.Expenses $5,545,347 · grants $31,474 · revenue $2,176,353
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4092268
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J22)
- Assets (IRS master file)
- $5,586,427
- Income (IRS master file)
- $6,621,138
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,620,316 | $6,680,403 | $5,586,427 | XML |
| 990 | December 2024 | $7,316,182 | $5,984,879 | $5,664,490 | IRS |
| 990 | December 2023 | $8,053,706 | $5,403,099 | $5,846,330 | XML |
| 990 | December 2022 | $5,531,688 | $4,898,827 | $1,753,339 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4092268).
Questions about VALEO VOCATION
- What is the EIN of VALEO VOCATION?
- The employer identification number (EIN) of VALEO VOCATION is 82-4092268.
- Is VALEO VOCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to VALEO VOCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALEO VOCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALEO VOCATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALEO VOCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VALEO VOCATION?
- The 990 for the year ended December 31, 2025 names Sherri Jensen.
- Who are the officers and directors of VALEO VOCATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $150,088 (Sherri Jensen, Executive Director).
- How much revenue does VALEO VOCATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,620,316, expenses of $6,680,403 and total assets of $5,586,427 at year end.
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