Cause IQ organization profile

Valley Health System

Valley Health System is a hospital system based in Ridgewood, NJ that was founded in 1988. As of 2018 they had $65 million in revenue and $11 million in assets.

Valley health system is a full service healthcare system serving the residents of northern new jersey. It comprises the many programs and services of the valley hospital, a full service home care agency, valley home care, and community-based primary a...

EIN:

22-2922016

City:

Ridgewood

State:

New Jersey

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

valleyhealth.com

Founded:

1988

Type:

501(c)(3)

NTEE:

E21: Community health and hospital systems

Revenue:

$65,208,765

Assets:

$11,282,105

Employees:

276

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Valley Health System

Health care delivery & management, general/other: valley health system provides management & planning services for its members: valley health medical group, the valley hospital, valley home care.

Form 990s for Valley Health System

Fiscal year ending	Date received by IRS	Form	PDF link
2017-12	Mar 15, 2019	990	View PDF
2017-12	Mar 15, 2019	990	View PDF
2016-12	Mar 14, 2018	990	View PDF
2015-12	Mar 3, 2017	990	View PDF
2014-12	Feb 22, 2016	990	View PDF
...and six more Form 990 PDFs

Financials for Valley Health System

Field	2017	2016
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2017	2016	% Change
Total grants, contributions, etc.	$0	$0
Program services	$65,204,368	$2,840,659	2195.4%
Investment income and dividends	$1,036	$66	1469.7%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$3,361	$0	999%
Total revenues	$65,208,765	$2,840,725	2195.5%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$19,636,051	$0	999%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$11,022,365	$0	999%
Pension/retirement accruals and contributions	$1,440,940	$0	999%
Other employee benefits	$2,352,884	$0	999%
Payroll taxes	$2,167,877	$0	999%
Management fees	$0	$0
Legal fees	$2,518,086	$0	999%
Accounting fees	$12,300	$6,300	95.2%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$10,104,292	$61,879	16229.1%
Advertising and promotion	$6,371,787	$634,370	904.4%
Office expenses	$511,275	$1,625	31363.1%
Information tech. expenses	$811,368	$340,931	138.0%
Royalty expenses	$0	$0
Occupancy	$0	$0
Travel	$0	$153,471	-100%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$500	-100%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$0
Insurance	$320,401	$271,914	17.8%
All other expenses	$7,883,658	$1,369,735	475.6%
Total expenses	$65,153,284	$2,840,725	2193.5%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$629,368	$125,000	403.5%
Savings, short-term investments, etc.	$598,521	$597,484	0.2%
Pledges and grants receivable	$0	$0
Accounts receivable	$133,588	$0	999%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$6,321,515	$0	999%
Buildings, equipment, etc. post-depreciation	$0	$0
Investments, publicly traded securities	$0	$0
Investments, other securities	$103,313	$455,772	-77.3%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$3,495,800	$1,480
Total assets	$11,282,105	$1,179,736	856.3%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$10,524,347	$125,000	8319.5%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$10,524,347	$125,000	8319.5%

Field	2017	2016	% Change
Unrestricted net assets	$757,758	$1,054,736	-28.2%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Valley Health System

Vendor	Services	Date
Microsoft Services	Software	2020-03-17
██████	Content management system software	2020-03-05
███ ████████ ██████ ███	Tax accounting	2018-11-15
████████ ██████ ███	Tax accounting	2013-12-31

Personnel at Valley Health System

Name	Title	Compensation	Most recent data
Audrey Meyers	President	$0	Jan. 3, 2018
Vincent Forlenza	Vice Chairman	$0	Dec. 31, 2016
██████ ██████	Secretary and Treasurer	$0	Dec. 31, 2016
████ ████████	Chairman	$0	Dec. 31, 2016
███████ █████████	Vice Chairman	$0	Dec. 31, 2015
██████ █ ████████	Secretary and Treasurer	$0	Dec. 31, 2014

Peer community health and hospital systems

	Name	Type	Revenue	Location
1	Spectrum Health Continuing Care	501(c)(3)	$33 million	Grand Rapids, MI
2	Marshfield Clinic Health System	501(c)(3)	$111 million	Marshfield, WI
3	Northern Arizona Healthcare Corporation	501(c)(3)	$109 million	Flagstaff, AZ
4	Meridian Health Systems / Bayshore Health Care Center Inc	501(c)(3)	$25 million	Wall, NJ
5	Sinai Health System	501(c)(3)	$54 million	Chicago, IL
6	Louisiana Public Health Institute	501(c)(3)	$20 million	New Orleans, LA
7	Community Health Services of Georgia	501(c)(3)	$35 million	Macon, GA
8	Presence Care Transformation Corporation	501(c)(3)	$320 million	Bolingbrook, IL
9	Mercy Health System of Southeastern Pennsylvania	501(c)(3)	$82 million	Conshohocken, PA
10	Bronson Healthcare Group	501(c)(3)	$245 million	Kalamazoo, MI
11	Baptist Health Care Corporation	501(c)(3)	$58 million	Pensacola, FL
12	Morton Plant Mease Health Care (MPMHC)	501(c)(3)	$52 million	Clearwater, FL
13	Moses Cone Affiliated Physicians	501(c)(3)	$90 million	Greensboro, NC
14	Northbay Healthcare Corporation	501(c)(3)	$71 million	Fairfield, CA
15	MidMichigan Health	501(c)(3)	$130 million	Midland, MI
16	Ethica Health & Retirement Communities	501(c)(3)	$99 million	Gray, GA
17	Metropolitan Jewish Health System	501(c)(3)	$52 million	Brooklyn, NY
18	Saint Alphonsus Health System	501(c)(3)	$56 million	Boise, ID
19	Avita Health System	501(c)(3)	$63 million	Galion, OH
20	Phoebe Putney Health System	501(c)(3)	$47 million	Albany, GA
21	Fremont-Rideout Health Group (FRHG)	501(c)(3)	$31 million	Yuba City, CA
22	Orlando Health Physician Group	501(c)(3)	$202 million	Orlando, FL
23	KentuckyOne Health	501(c)(3)	$67 million	Louisville, KY
24	Rush Health Systems	501(c)(3)	$57 million	Meridian, MS
25	Santafe Healthcare	501(c)(3)	$19 million	Gainesville, FL

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