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 2019 they had $66 million in revenue and $10 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:

$66,468,276

Assets:

$10,154,334

Employees:

310

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
2018-12	Feb 10, 2020	990	View PDF
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
...and seven more Form 990 PDFs

Financials for Valley Health System

Field	2018	2017
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	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$66,468,276	$65,204,368	1.9%
Investment income and dividends	$0	$1,036	-100%
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	$0	$3,361	-100%
Total revenues	$66,468,276	$65,208,765	1.9%

Field	2018	2017	% 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.	$8,944,934	$19,636,051	-54.4%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$24,279,431	$11,022,365	120.3%
Pension/retirement accruals and contributions	$1,660,787	$1,440,940	15.3%
Other employee benefits	$3,148,800	$2,352,884	33.8%
Payroll taxes	$2,168,910	$2,167,877	0.0%
Management fees	$0	$0
Legal fees	$1,755,122	$2,518,086	-30.3%
Accounting fees	$12,300	$12,300
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$9,723,436	$10,104,292	-3.8%
Advertising and promotion	$5,615,429	$6,371,787	-11.9%
Office expenses	$533,954	$511,275	4.4%
Information tech. expenses	$976,015	$811,368	20.3%
Royalty expenses	$0	$0
Occupancy	$0	$0
Travel	$90,207	$0	999%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$207,480	$0	999%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$0
Insurance	$327,400	$320,401	2.2%
All other expenses	$6,620,892	$7,883,658	-16.0%
Total expenses	$66,065,097	$65,153,284	1.4%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$822,222	$629,368	30.6%
Savings, short-term investments, etc.	$600,507	$598,521	0.3%
Pledges and grants receivable	$0	$0
Accounts receivable	$759,660	$133,588	468.7%
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	$5,011,672	$6,321,515	-20.7%
Buildings, equipment, etc. post-depreciation	$0	$0
Investments, publicly traded securities	$0	$0
Investments, other securities	$96,422	$103,313	-6.7%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$2,863,851	$3,495,800	-18.1%
Total assets	$10,154,334	$11,282,105	-10.0%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$8,893,560	$10,524,347	-15.5%
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	$104,141	$0	999%
Total liabilities	$8,997,701	$10,524,347	-14.5%

Field	2018	2017	% Change
Unrestricted net assets	$1,156,633	$757,758	52.6%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Valley Health System

Vendor	Services	Amount paid	Date
Microsoft Services	Software		2020-03-17
██████	Content management system software		2020-03-05
███ ████████ ██████ ███	Tax accounting		2019-11-13
████ ████████	Advertising and Branding	$1,411,912	2018-12-01
███ ██████ ███	Legal Counseling	$928,367	2018-12-01
██████ ████ ███████████	Advertising Services	$1,133,027	2018-12-01
███████████ ███████ ███	Legal Counseling	$958,581	2018-12-01
█████ ██████ █████ █████	Newspaper Advertising	$779,280	2018-12-01
...and one more vendors

Personnel at Valley Health System

Name	Title	Compensation	Most recent data
Audrey Meyers	President and Chief Executive Officer	$1.6 million	Dec. 31, 2018
Peter W Diestel	Senior Vice President Administration and Chief Operating Officer	$930,276	Dec. 31, 2018
████ ██████	Senior Vice President Finance - Chief Financial Officer	-	Feb. 10, 2020
████ █████	Vice President and Chief Information Officer , Information System	$559,876	Dec. 31, 2018
███████ █ ██████	Chief Medical Officer	$909,199	Dec. 31, 2018
██████ █ ███████	Senior Vice President and Chief Physician	$1.1 million	Dec. 31, 2018
█████ ██████	Vice President , Communications and Marketi	$411,387	Dec. 31, 2018
████ ██████████	Vice President , Human Resources	$484,556	Dec. 31, 2018
█████ ███████	Vice President , Facilities Management	$658,921	Dec. 31, 2018
█████ █ █████████	Ser Vice President , Legal Services	$748,033	Dec. 31, 2018
...and 11 more key personnel

Peer community health and hospital systems

	Name	Type	Revenue	Location
1	Meridian Health Systems / Bayshore Health Care Center Inc	501(c)(3)	$25 million	Wall, NJ
2	Community Health Services of Georgia	501(c)(3)	$35 million	Macon, GA
3	Louisiana Public Health Institute	501(c)(3)	$20 million	New Orleans, LA
4	Presence Care Transformation Corporation	501(c)(3)	$320 million	Bolingbrook, IL
5	Sinai Health System	501(c)(3)	$54 million	Chicago, IL
6	Marshfield Clinic Health System	501(c)(3)	$207 million	Marshfield, WI
7	UT Physicians	501(c)(3)	$177 million	Houston, TX
8	Ochsner Health System	501(c)(3)	$198 million	New Orleans, LA
9	Hamilton Health Care System	501(c)(3)	$22 million	Dalton, GA
10	BHS Management Services (BHS)	501(c)(3)	$59 million	Pittsfield, MA
11	Stamford Health Medical Group (SHIP)	501(c)(3)	$73 million	Stamford, CT
12	Whidden Memorial Hospital	501(c)(3)	$95 million	Malden, MA
13	Mount Sinai Health System	501(c)(3)	$44 million	New York, NY
14	Village Care of New York	501(c)(3)	$20 million	New York, NY
15	Blanchard Valley Health System (BVHS)	501(c)(3)	$50 million	Findlay, OH
16	St John Providence	501(c)(3)	$154 million	Warren, MI
17	Bon Secours Express Care	501(c)(3)	$232 million	Greenville, SC
18	Prince William Health System	501(c)(3)	$47 million	Winston Salem, NC
19	Institute for Healthcare Improvement	501(c)(3)	$56 million	Boston, MA
20	Nebraska Methodist Health System	501(c)(3)	$74 million	Omaha, NE
21	Cuyuna Regional Medical Center	501(c)(3)	$129 million	Crosby, MN
22	Freeport Regional Health Care Foundation (FHN)	501(c)(3)	$50 million	Freeport, IL
23	Inova Health System	501(c)(3)	$44 million	Falls Church, VA
24	Piedmont Regional Health	501(c)(3)	$26 million	Gray, GA
25	Adventist Health SystemTexas	501(c)(3)	$90 million	Burleson, TX

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