EIN 22-1487307

The Valley Hospital

IRS 501(c) type
501(c)(3)
Num. employees
4,397
Year formed
1925
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Valley Hospital is a fully accredited, acute care, not-for-profit hospital serving more than 440,000 people in 32 towns in Bergen County and adjoining communities. As a not-for-profit hospital, Valley is committed to giving back to the community.
Total revenues
$1,059,746,501
2022
Total expenses
$938,302,747
2022
Total assets
$2,192,208,083
2022
Num. employees
4,397
2022

Program areas at The Valley Hospital

The Valley Hospital in ridgewood, new jersey is a fully accredited, acute care, not-for-profit Hospital serving more than 460,000 people in 34 towns in bergen county and adjoining communities. The Valley Hospital is part of Valley health system, a regional healthcare system that serves residents in northern new jersey and southern new york. It comprises The Valley Hospital, Valley home care, and Valley medical group. As a not-for-profit Hospital, Valley is committed to giving back to The community. Valley serves The community by providing thousands of hours of healthcare education and screenings, support groups and classes to assist those in need, and care to all those who come through our doors, regardless of their ability to pay. Valley's current licensed capacity is 431 beds. Bergen county is The most populous county in new jersey and one of The wealthiest counties in The united states. There are 952,997 residents in The 233.01 square miles of bergen county, nj. The population is 52.7% white and non-hispanic, 22.7% hispanic, 7.8% black, and 17.6% asian. The median household income is $109,497. Residents are generally well-educated and have higher graduation rates than nj as a whole and The u.s. as a whole. The Valley Hospital employs people who represent and live in The communities we serve. More than 3,600 employees constitute The Valley hospital.in 2022, 52,081 individuals were admitted to Valley, 69,751 people were treated in The emergency department, and a record-breaking 4,049 babies were born. In addition to its "centers of excellence" in cardiac/heart failure, diabetes, oncology, pulmonary, geriatrics, total joint, and neurovascular, Valley also offers The services of a comprehensive cancer center, center for childbirth, center for minimally invasive and robotic surgery, a total joint replacement center, a neuroscience center, a center for metabolic surgery and weight-loss management, a center for sleep medicine, The gamma knife center, and The kireker center for child development, among others. The Valley Hospital emergency department (ed) has been selected as a recipient of The prestigious lantern award from The emergency nurses association. Valley is one of only 29 hospitals nationwide, and The only Hospital in bergen county, to earn this award for 2022 and is The first and only Hospital in bergen county to receive this recognition since The program's inception in 2011. Recipients of The lantern award demonstrate exceptional and innovative performance in leadership, practice, education, advocacy, and research. The award showcases Valley's accomplishments in incorporating evidence-based practice into emergency care and is a symbol of our commitment to quality, safety, and a healthy work environment. The Valley Hospital has earned exemplar recognition from nurses improving care for healthsystem elders (niche). This distinction The highest available from niche is given to healthcare organizations that implement successful, system-wide interventions and initiatives focusing on The care of older adults. Exemplar recognition is a reflection of Valley's commitment to providing older adults with The highest-quality healthcare services. The Valley Hospital has also received The 2022 trailblazer award from nurses improving care for healthsystem elders (niche) and The abim foundation. The award recognizes clinical teams for their efforts to improve The quality of care for older adults efforts that reduce unnecessary tests and treatments, prioritize patient safety, and improve care coordination. With its move 2 improve program, Valley is indeed a trailblazer in elder care, using an interdisciplinary approach, best practices, and clinical evidence to keep patients moving, safe, and independent.valley health primetime was created to help older adults stay healthy by teaching them good health and providing opportunities to remain socially active. In 2022, Valley health primetime offered 33 free, virtual programs to 1,397 older adults. Each year, Valley dining prepares over 23,000 meals for community meals, Inc., and financial resources to support homebound older adults in Valley's service area.valley's community care clinic had 5,018 visits in 2022. They provide care at no cost to The patients who qualify in 16 (medical, neurology, gi, general surgery, breast surgery, rheumatology, ophthalmology, gyn, ob, pediatrics, pulmonary, cardiology, pain, dermatology, orthopedics, and urology) specialty clinics. They continue to provide care to children in foster care in bergen and passaic counties that require complex medical and subspecialty care. The Valley Hospital has once again been awarded The lgbtq+ healthcare equality leader designation by The human rights campaign (hrc) foundation, earning a top score for its lgbtq-inclusive policies and practices. The healthcare equality index strives to ensure lgbtq+ people are protected and affirmed by their healthcare providers and feel safe seeking services. Hei active participants are recognized for implementing robust, comprehensive lgbtq+ inclusive policies that hopefully, because of their work, become standard practice. Valley works with local partners to promote inclusivity and equality. 135 community members attended education programs on transgender health and a local pride celebration, where Valley was a sponsor.valley's social equality council is developing initiatives and programs that encourage safety and equal access to all opportunities, so that everyone can lead a healthy and fulfilled life, regardless of an individual's background, ethnicity, or race. By collaborating with area organizations, Valley is able to work with underserved populations to help meet The access to care needs and connect individuals to resources. Over 1,162 employees attended a "what causes inequality?" Training class. Having all employees participate in this training is a meaningful component of The steps Valley is taking to create an environment where employees feel safe and respected for who they are, and to improve our staff's understanding of issues related to race and equality. Valley also continues our commitment to combat social injustice by diversifying our supplier network.valley partnered with bergen community college to celebrate black history month with two programs that encourage safety and equal access to all. Pathways, pipelines, preparation, and participation in stem featured a panel of experts discussing The importance of people of color in health and stem careers. Exploring better health in The black community addressed health disparities in The bipoc community. Other health programs included single mother by choice and hypertension and kidney disease in The black population. Valley participated in three healthcare career exhibitions called "who makes up a Hospital? And two first responder events at The boys & girls clubs of paterson and passaic and The paterson steam high school. Additionally, Valley physicians were invited to jersey city public schools to discuss different healthcare careers and career paths.the ridgewood academy for health professions (rahp) is a partnership between Valley, ridgewood high school, and bergen community college. This three-year program began in 2005 and has graduated over 500 students interested in pursuing careers in healthcare. During The student's first year, termed their "exploration year," students visit three full-day sessions learning about different departments in The healthcare setting. The second year concentrates on areas of interest The students would like to further investigate. During The student's third year, termed their "mentorship year," students choose one health-related issue to explore under The guidance of a mentor and prepare a capstone project. Valley has already hired three nurses, two social workers, an imaging tech, and an administrator who are all graduates of rahp.community education classes were originally designed as in-person sessions, but when The pandemic hit, The community health department transitioned to offering classes virtually. Over 15,256 people participated in live, free education programs in person and virtually in 2022. An additional 68,898 people participated in recorded versions on Valley's website in 2022. Valley launched "conversations like no other" audio podcast that goes beyond The conventional and everyday health topics to go deeper into The personal issues facing men, women, and children of all ages. In 2022, over 630 people listened to The variety of episodes.lifestyles, our world-class health and fitness center, features three pools and The latest strength and cardio equipment. The team of highly experienced and degreed health professionals design programming to meet The wellness needs of people of all ages.valley health lifestyles hosted a "nobody fights alone" fundraiser to fight against breast cancer and honor former employee and friend, chrissy flatt.

Grants made by The Valley Hospital

GranteeGrant descriptionAmount
Valley Medical GroupGeneral Support$96,532,031
Valley Health SystemGeneral Support$118,540
Bergen Volunteer Medical InitiativeGeneral Support$25,000
...and 14 more grants made

Who funds The Valley Hospital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Valley Physicians Services PCStrategic Funding$47,852,914
Valley Hospital Foundation (VHF)Project/capital Projects/Donor-Designated Special Programs and Services$12,503,578
Valley Physician Services Ny PCProgram Funding$3,347,152
...and 4 more grants received

Personnel at The Valley Hospital

NameTitleCompensation
Audrey MeyersPresident and Chief Executive Officer , VHS$0
William KlutkowskiSenior Vice President and Chief Financial Officer$0
David BohanVice President and Chief Development Officer / Vice President , Foundation$582,103
Charles VannoyVice President and Chief Nursing Officer , Patient Care Services / Assistant Vice President , Women's and Children's$472,084
Joseph YallowitzVice President and Chief Medical Officer$798,929
...and 18 more key personnel

Financials for The Valley Hospital

RevenuesFYE 12/2022
Total grants, contributions, etc.$37,470,370
Program services$982,682,908
Investment income and dividends$14,312,051
Tax-exempt bond proceeds$563,717
Royalty revenue$0
Net rental income$2,616,758
Net gain from sale of non-inventory assets$1,993,039
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$20,107,658
Total revenues$1,059,746,501

Form 990s for The Valley Hospital

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-12990View PDF
2021-122022-11-15990View PDF
2020-122022-12-12990View PDF
2020-122021-11-12990View PDF
2019-122022-12-12990View PDF
...and 13 more Form 990s

Organizations like The Valley Hospital

OrganizationLocationRevenue
Indiana University Health Ball Memorial HospitalIndianapolis, IN$556,082,719
Copley Memorial HospitalAurora, IL$407,124,934
Methodist Health SystemDallas, TX$1,856,448,774
San Juan Regional Medical Center (SJRMC)Farmington, NM$383,151,085
Meritus HealthHagerstown, MD$532,373,187
Highland HospitalRochester, NY$454,255,067
Staten Island University Hospital (SIUH)Westbury, NY$1,369,600,832
Sharp Memorial HospitalSan Diego, CA$1,438,940,478
Winchester HospitalWinchester, MA$362,289,058
Aspirus Wausau HospitalWausau, WI$702,469,178
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
December 31, 2023
Received grants
Identified 6 new grant, including a grant for $47,852,914 from Valley Physicians Services PC
August 6, 2023
Updated personnel
Identified 3 new personnel
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthDiseases and disorders
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
223 N Van Dien Ave
Ridgewood, NJ 07450
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
valleyhealth.com/ 
Phone
(201) 447-8000
Facebook page
ValleyHospital 
Twitter profile
@valleyhospital 
IRS details
EIN
22-1487307
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1925
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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