NonprofitsValley Hospital Inc

Health Care

Valley Hospital Inc

PARAMUS, NJ

Total revenue

$1.3B

Total expenses

$1.2B

Net assets

$1.8B

Grants received

$196.4M

59 grants

EIN

221487307

Tax year

2024

Mission

The valley hospital serves the community by healing and caring for patients, comforting their families and teaching good health.

Financials

FY 2024

Revenue

Contributions & grants$52.0M
Program service revenue$1.2B
Investment income$27.0M
Other revenue$22.1M
Total revenue$1.3B

Expenses

Grants paid$131.4M
Salaries & benefits$431.4M
Fundraising
Other expenses$627.3M
Total expenses$1.2B
Total assets$2.5B
Net assets$1.8B

People

28 listed

NameRoleCompensation

DENIS SALAMONE

SECRETARY

Board

0.1 hrs/wk

JUDY BASELICE

TRUSTEE

Board

0.1 hrs/wk

JAMES BUSH

TRUSTEE

Board

0.1 hrs/wk

VINCENT FORLENZA

CHAIR EMERITUS

Board

0.1 hrs/wk

MICHELLE HASSON

TRUSTEE

Board

0.1 hrs/wk

M SHAWN KENNEDY

TRUSTEE

Board

0.1 hrs/wk

BRUCE MACTAS

TRUSTEE

Board

0.1 hrs/wk

MICHAEL MCGUIRE

TRUSTEE

Board

0.1 hrs/wk

AUDREY MEYERS

PRESIDENT & CEO, VHS THRU JUNE 2024

Board

14.3 hrs/wk

SCOTT SCHROEDER

TRUSTEE

Board

0.1 hrs/wk

JEFFREY TUCKER

TRUSTEE

Board

0.1 hrs/wk

PATRICIA VERDUIN

TRUSTEE

Board

0.1 hrs/wk

WAYNE WALD ESQ

TRUSTEE

Board

0.1 hrs/wk

TIMOTHY WENTWORTH

TRUSTEE

Board

0.1 hrs/wk

WILLIAM KLUTKOWSKI

SR. VP, FINANCE & CFO

Board

12 hrs/wk

DUANE SACHS

TRUSTEE

Board

0.1 hrs/wk

ROBERT W BRENNER

PRESIDENT & CEO, VHS EFF. JULY 2024

Board

12 hrs/wk

KEVIN LOBO

CHAIR

Board

0.1 hrs/wk

FRANK J SHEEHY

VICE CHAIR

Board

0.1 hrs/wk

ANN LIMBERG

VICE CHAIR

Board

0.1 hrs/wk

JOSEPH MARION

TREASURER

Board

0.1 hrs/wk

JOSEPH YALLOWITZ

VP & CHIEF MEDICAL OFFICER

Staff

$928K

40 hrs/wk

DAVID BOHAN

VP & CHIEF PHILANTHROPY OFFICER

Staff

$678K

4 hrs/wk

CHARLES VANNOY

VP/CNO, PATIENT CARE SVCS

Staff

$596K

40 hrs/wk

BRAD HASPEL

VP, ANCILLARY SERVICES

Staff

$497K

40 hrs/wk

BETTYANN KEMPIN

VP, ADMINISTRATION

Staff

$483K

40 hrs/wk

PETER DIESTEL

TRANSITIONAL CONSULTANT

Staff

$447K

40 hrs/wk

KARTEEK BHAVSAR

SR VP & COO

Staff

20 hrs/wk

Independent contractors

TORCON INC

GENERAL CONTRACTOR

$76.2M

FMG GENERAL CONTRACTING CO INC

GENERAL CONTRACTOR

$15.2M

VAYA WORKFORCE SOLUTIONS LLC

TEMPORARY STAFFING

$14.2M

NIHON KOHDEN AMERICA INC

GENERAL CONTRACTOR

$7.2M

DANKER LLC

ELECTRICAL CONTRACTOR

$5.8M

Grants received

Showing 59 of 59

FromAmountPurposeYear
$28.5M
STRATEGIC FUNDING
2024
$11.5M
THE NEW VALLEY HOSPITAL PROJECT/DONOR-DESIGNATED SPECIAL PROGRAMS AND SERVICES
2024
$427K
STRATEGIC FUNDING
2024
$108K
INSTITUTIONAL SUPPORT FOR CANCER RESEARCH
2024
$71K
UNRESTRICTED GENERAL SUPPORT
2024
$19K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2024
$5K
PROGRAM SERVICE ACCOMPLISHMENT I
2024
$1K
TO FUND NORMAL OPERATIONS
2024
$27.1M
STRATEGIC FUNDING
2023
$13.6M
PROJECT/CAPITAL PROJECTS/DONOR-DESIGNATED SPECIAL PROGRAMS AND SERVICES
2023
$323K
STRATEGIC FUNDING
2023
$204K
MEDICAL ASSISTANCE
2023
$15K
Support of research activities
2023
$14K
ATRIAL FIBRILLATION PROGRAM
2023
$47.9M
STRATEGIC FUNDING
2022
$12.5M
PROJECT/CAPITAL PROJECTS/DONOR-DESIGNATED SPECIAL PROGRAMS AND SERVICES
2022
$3.3M
PROGRAM FUNDING
2022
$250K
MEDICAL ASSISTANCE
2022
$13K
GENERAL CHARITABLE SUPPORT
2022
$10K
ATRIAL FIBRILLATION INITIATIVE
2022
$100
Support for the hospice program of this hospital
2022
$202K
MEDICAL ASSISTANCE
2021
$41K
Medical ResearchMedical research
2021
$16.2M
THE VALLEY HOSPITAL IN PARAMUS, PROJECT/CAPITAL PROJECTS/DONOR-DESIGNATED SPECIAL PROGRAMS AND SERVICES
2020
$14.7M
STRATEGIC FUNDING
2020
$50K
MEDICAL ASSISTANCE
2020
$50K
Medical ResearchMedical research
2020
$30K
PEDIATRIC SECTION OF THE EMERGENCY DEPARTMENT IN THE NEW VALLEY HOSPITAL
2020
$25K
General Charitable
2020
$9K
STRATEGIC FUNDING
2020
$6K
Unrestricted
2020
$1K
TO FUND NORMAL OPERATIONS
2020
$782
PPE FOR HEALTHCARE WORKERS DURING COVID-19 OUTBREAK
2020
$15.2M
STRATEGIC FUNDING
2019
$67K
PEDIATRIC SECTION OF THE EMERGENCY DEPARTMENT IN THE NEW VALLEY HOSPITAL
2019
$35K
To extend financial assistance to worthy organizations
2019
$3M
PEDIATRIC SECTION OF THE EMERGENCY DEPARTMENT IN THE NEW VALLEY HOSPITAL
2018
$58K
MEDICAL ASSISTANCE
2018

Funded by

$196.4M from 29 funders · 59 grants · 2017–2024

Valley Physicians Services Pc

$133.3M · 5 grants · 2019–2024

The Valley Hospital Foundation Inc

$53.8M · 4 grants · 2020–2024

Valley Physician Services Ny Pc

$4.1M · 4 grants · 2020–2024

The Valley Hospital Auxiliary

$3.1M · 3 grants · 2018–2020

The Alfano Family Charitable Foundation

$763K · 5 grants · 2018–2023

Aaron & Rachel Meyer Memorial Foundation

$458K · 4 grants · 2020–2023

The Children's Hospital Of Philadelphia

$174K · 3 grants · 2017–2021

Vanderbilt University Medical Center

$120K · 5 grants · 2017–2021

Details

EIN221487307
NTEE codeE22
Subsection03
Ruling date1953-01
Formed1925
Employees4835
Volunteers1282
VALLEY HOSPITAL INC — Mission, Financials & Grants Received | Grantivo