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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mental Health & Crisis Intervention Valley Mental Health Incorporated

Valley Mental Health Incorporated

Fiscal year ending 2024. Filed on November 17, 2025.

4460 South Highland Drive 230
Salt Lake City, Utah 84124

Valley Mental Health Incorporated (EIN: 94-2938348), also known as Valley Behavioral Health, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Valley Mental Health Incorporated, a 501(c)(3) charitable organization, reported compensation for 7 out of 943 total employees. Among the employees shown here, the average compensation is $253,869. The highest compensated employee at Valley Mental Health Incorporated is B Todd Thatcher with fiscal year 2024 compensation of $433,716.

Revenue, expenses, and employee compensation

Revenue

$76,829,487

Expenses

$77,867,889

Employee compensation

$42,547,414
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

B Todd Thatcher
Vice President - Medical Services
$433,716
$393,440 No related comp$40,276
Jared Sanford
Chief Executive Officer
$424,424
$385,550 No related comp$38,874
Spencer Seaquist
Chief Financial Officer
$242,348
$208,963 No related comp$33,385
Russell Opatz
Vice President - Housing/Support Servi
$175,567
$149,612 No related comp$25,955
Steve Havertz
Vice President - Adult Services
$172,560
$150,983 No related comp$21,577
Julie Rael
Chief Clinical Officer
$172,013
$154,225 No related comp$17,788
Julie Winn
Vice President - Child/Family/Idd SERV
$156,455
$149,955 No related comp$6,500

Benchmark Employee Compensation

Non-Employee Board Members

Cameron McBride
Board Secretary
Jim Dunnigan
Vice Chair
John Hanshaw
Board Chair
Julia Hood
Board Member
Kenneth Woolley
Board Member
Lynette Hansen
Board Member
Mitch Tibbitts
Board Treasurer
Russ Elbel
Board Member
Stan Beagley
Board Secretary

Mission Statement

TO PROVIDE AND ADMINISTER MENTAL HEALTH AND ALCOHOL AND DRUG ABUSE SERVICES FOR THE SALT LAKE, SUMMIT, AND TOOELE COUNTY, UTAH AREAS.

Revisions to this organization profile

November 17, 2025:
2024 Valley Mental Health Incorporated 990 filed
April 2, 2025:
2023 Valley Mental Health Incorporated 990 filed
November 14, 2023:
2022 Valley Mental Health Incorporated 990 filed

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