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Valley Residential Services Inc.

Valley Residential Services Inc.

Herkimer, NY 13350
Tax ID46-3703838

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About this organization

Revenue

$1,965,822

Expenses

$2,461,660

Mission

To establish a licensed enriched housing facility containing an assisted living program and a licensed home healthcare services agency to serve the region's frail elders and disabled individuals of limited financial means who require some assistance with activities of daily living in order to retain their independence. Community-based and local public healthcare providers and a licensed home care services agency will assist in the care of the enriched housing residents.

About

Incorporated in September 2013, the facility is a 48-bed not-for-profit enriched housing facility located in Herkimer, New York that opened to the public in the spring of 2015. In October 2018, the facility completed construction on a 12,107-square foot expansion which includes 12 one bedroom apartments, 2 one bedroom apartments with a den and 1 baths, along with a new wellness and fitness center. The expansion was opened to the public in December 2018, which increased the facility to 76 beds.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “To provide a supportive living environment for seniors, ensuring a comfortable life-enriching atmosphere and assistance with daily needs, while promoting dignity, privacy and independence.”.

When discussing its purpose, they were characterized as: “To establish a licensed enriched housing facility containing an assisted living program and a licensed home healthcare services agency to serve the region's frail elders and disabled individuals of limited financial means who require some assistance with activities of daily living in order to retain their independence. community-based and local public healthcare providers and a licensed home care services agency will assist in the care of the enriched housing residents.”.

  • The state in which the non-profit is legally authorized to operate is NY, as reported.
  • The filing confirms that the non-profit's address in 2020 was 690 W GERMAN ST, HERKIMER, NY, 13350.
  • The form of the non-profit reports 57 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$495,838.
  • The organization has 14 independent voting members.
  • The organization was formed in 2013.
  • The organization pays $1,280,789 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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