2026-04-17T13:24:55-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2024-07-01 873903344 VALLE DEL SOL FOUNDATION VALL 6022586797 3877 N 7TH STREET 400 PHOENIX AZ 85014 SUMIT CHOHAN CFO 6022586797 2026-04-16 1 1 KURT BENNION CPA P01469618 6305738600 2026-04-07 2024 2025-03-06 01:10:19Z MIKE RENAUD 3877 N 7TH STREET 400 PHOENIX AZ 85014 190580 0 X WWW.VALLEDELSOL.COM X 2021 AZ TO SUPPORT THE CHARITABLE PURPOSE OF VALLE DEL SOL, INC. BY FACILITATING INVESTMENTS FOR ITS BENEFIT. 6 3 0 4 0 0 0 0 0 0 190580 190580 0 0 190580 190580 0 0 0 0 0 0 0 0 0 25647 100207 25647 100207 164933 90373 15863766 15954139 32659 32659 15831107 15921480 TO SUPPORT THE CHARITABLE PURPOSE OF VALLE DEL SOL, INC. BY FACILITATING INVESTMENTS FOR ITS BENEFIT. 0 0 0 0 0 TO PROVIDE SUPPORT TO VALLE DEL SOL THROUGH THE RECEIPT, HOLDING, INVESTMENT AND PROVIDING OF FUNDS. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 1 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 X SUMIT CHOHAN 4804074217 3877 N 7TH STREET SUITE 400 PHOENIX AZ 85014 MICHAEL RENAUD CEO 0.25 40.00 X X 0 214706 7222 SUMIT CHOHAN TREASURER 0.25 40.00 X X 0 184893 8095 ANGELA FLOREZ SECRETARY 0.25 0.00 X X 0 0 0 ADAM LOPEZ FAULK DIRECTOR 0.25 0.00 X 0 0 0 LYDIA LEE DIRECTOR 0.25 0.00 X 0 0 0 TERRI LEON DIRECTOR 0.25 2.00 X 0 0 0 0 399599 15317 0 0 1 0 0 190580 190580 190580 0 0 190580 X 100207 100207 100207 0 100207 0 480366 105739 550000 450000 14833400 14833400 0 565000 15863766 15954139 32659 32659 32659 32659 X 15831107 15921480 15831107 15921480 15863766 15954139 90373 0 X X 0 1 X 1 0 X X 1 VALLE DEL SOL INC 860251255 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION B, LINE 1: WHILE THE SUPPORTED ORGANIZATION APPOINTED THE INITIAL BOARD OF DIRECTORS, SUBSEQUENT DIRECTORS ARE APPOINTED BY THE FOUNDATION'S BOARD OF DIRECTORS. ACCORDINGLY, THE SUPPORTED ORGANIZATION NO LONGER HAS THE POWER TO APPOINT OR ELECT THE BOARD. HOWEVER, NOW, AND AT ALL TIMES, A MAJORITY OF THE BOARD MUST BE CURRENTLY SERVING DIRECTORS, OFFICERS, OR EMPLOYEES OF THE SUPPORTED ORGANIZATION. ADDITIONALLY, THE SUPPORTED ORGANIZATION'S CEO ALSO SERVES AS THE FOUNDATION'S CEO. THROUGH THESE RELATIONSHIPS, THE SUPPORTED ORGANIZATION RETAINS SUPERVISION AND CONTROL OF THE FOUNDATION. 0 DUE TO RELATED ORGANIZATION 32659 32659 X PART X, LINE 2: VALLE DEL SOL FOUNDATION (VDSF) IS ORGANIZED AS AN ARIZONA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). VDSF HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(3). VDSF IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS ANNUALLY. IN ADDITION, THE ENTITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. MANAGEMENT BELIEVES THAT THE ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. VDSF WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTERESTS AND PENALTIES ARE INCURRED. 0 0 0 0 0 0 0 0 0 MICHAEL RENAUD CEO 0 214706 0 0 0 0 0 5283 0 1939 0 221928 0 0 SUMIT CHOHAN TREASURER 0 184893 0 0 0 0 0 7825 0 270 0 192988 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY VALLE DEL SOL, A RELATED ORGANIZATION. THE FOLLOWING HAVE BEEN USED BY VALLE DEL SOL IN SETTING THE CEO'S COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 ALL MANAGEMENT SERVICES ARE PROVIDED BY EMPLOYEES OF VALLE DEL SOL, THE SUPPORTED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE INITIAL BOARD WAS APPOINTED BY THE SUPPORTED ORGANIZATION. EACH OF THE APPOINTED DIRECTORS WERE APPOINTED FOR A THREE-YEAR TERM. WHEN AN INITIAL BOARD MEMBER'S TERM EXPIRES, THEY ARE REMOVED, OR THEY RESIGN FROM THE BOARD, SUBSEQUENT VACANCIES WILL BE FILLED BY THE MAJORITY VOTE OF THE REMAINING DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES CAN ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 WAS REVIEWED BY THE CFO AND THE CEO, AND BY VALLE DEL SOL'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS, OFFICERS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS. IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. AFTER SUCH DISCLOSURE, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE MEETING WHILE THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THE CONFLICTED INDIVIDUAL ALSO LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION. THE CHAIR OF THE GOVERNING BOARD OR COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION THAT WOULD NOT RESULT IN A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY POSSIBLE, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND OTHER OFFICERS ARE COMPENSATED BY VALLE DEL SOL, A RELATED ORGANIZATION, WHICH HAS A PROCESS FOR DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 100,207. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,207. FORM 990, PART XII, LINE 2C: THE AUTHORITY AND PROCESS FOR SELECTING THE FINANCIAL STATEMENT AUDITOR AND FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT DID NOT CHANGE DURING THE FISCAL YEAR. VALLE DEL SOL INC 3877 N 7TH STREET SUITE 400 PHOENIX AZ 85014 860251255 PROVIDING HEALTH AND WELLNESS SERVICES AZ 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0