EIN 22-2511614

Valley Health Services

IRS 501(c) type
501(c)(3)
Num. employees
324
Year formed
1984
Most recent tax filings
2022-12-01
Description
Valley Health Services, Inc. prioritizes providing access to a continuum of long-term care services and promoting health and independence through diverse programs. Since its founding in 1984, it has evolved into a 160-bed facility and become a major healthcare provider in Herkimer, NY. As a privately owned, not-for-profit organization, Valley Health Services makes a difference in the lives of its residents through quality, person-centered care.
Total revenues
$12,972,285
2022
Total expenses
$15,729,258
2022
Total assets
$7,440,406
2022
Num. employees
324
2022

Program areas at Valley Health Services

Evolving from a 32-bed to a 160-bed, long-term care and rehabilitative facility since its founding in 1984, Valley Health Services, Inc. is a major healthcare provider and vital community asset. The privately owned, not-for-profit organization located in herkimer, new york, provides care to a largely rural population and is the eighth largest employer in herkimer county.a comfortable, healthy environment with qualified staff who place an equal emphasis on mind, body and spirit defines the care at Valley Health Services Inc. Services available include:- skilled nursing, long-term care - short-term inpatient and rehabilitation and sub-acute care - physical therapy - occupational therapy - speech therapy - wound care - iv therapy -outpatient rehabilitation - physical therapy - occupational therapy - cardiac rehabilitation - speech therapy - osteoporosis management the 12-slot onsite adult day care medical model site and 18-slot offsite medical model adult day care program in little falls were cancelled due to the covid-19 pandemic. Operations have not resumed to date. Speech therapy, iv therapy, cardiac rehabilitation, palliative care and osteoporosis management are unique Services to the greater herkimer area available at vhs, Inc. Approximately 59% of Valley Health Services revenue is derived from medicaid. As such, vhs, Inc., incurs an approximate shortfall of $63 per patient day reimbursed by the nys medicaid system. An in-house "needy resident" fund provides money for incidental items desired by residents. Valley Health Services' human resources staff and the director of community life participated in career fairs with herkimer county working solutions, herkimer college and the lpn program at herkimer county boces. The departments of rehabilitation therapy and social Services provided clinical supervision to college interns.vhs' administrator, kathy eisenhut, is represented on the board of herkimer county healthnet as well as healthnet's long-term care committee. In addition, president, lisa betrus, serves on the following nonprofit boards: - at home care, Inc. - the stanley theater - mohawk Valley regional economic development council - workforce investment board of herkimer, madison and oneida countiesvhs serves as a clinical rotation site for the herkimer boces lpn and cna classes. Additionally, vhs operates its own cna class. Vhs' staff also works with residents, residents' family members and outpatients as requested to address eligibility for federal, state and local assistance for issues involving patient care. Vhs works with career connections of the herkimer arc to match their clients' skills with available job opportunities. Vhs' annual fundraising events have not yet resumed. (noted below) - boardwalk to better Health- magic of herkimer- concert with the stanley theatre - brooks bbq dinner

Who funds Valley Health Services

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Friends of Bassett HealthcareSupport$93,022
Slocum-Dickson FoundationGeneral Fund$1,848
AmazonSmile FoundationGeneral Support$29

Personnel at Valley Health Services

NameTitleCompensation
Michael R TreenChief Financial Officer$0
Lisa M BetrusPresident / Chief Executive Officer and Administrator$386,903
Kristen LenigPast Chief Financial Officer$62,366
Connie JastremskiBoard Chair / Board President / Member$0
Harry J EneaTreasurer$0
...and 5 more key personnel

Financials for Valley Health Services

RevenuesFYE 12/2022
Total grants, contributions, etc.$336,198
Program services$12,452,403
Investment income and dividends$25,306
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,500
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$152,878
Total revenues$12,972,285

Form 990s for Valley Health Services

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-30990View PDF
2021-122022-10-27990View PDF
2020-122021-11-15990View PDF
2019-122021-02-22990View PDF
2018-122019-11-29990View PDF
...and 9 more Form 990s
Data update history
January 18, 2024
Updated personnel
Identified 4 new personnel
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $93,022 from Friends of Bassett Healthcare
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 37 new vendors, including , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
State / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
690 W German St
Herkimer, NY 13350
Metro area
Utica-Rome, NY
County
Herkimer County, NY
Website URL
bassett.org/locations/valley-health-services 
Phone
(315) 866-3330
IRS details
EIN
22-2511614
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E91: Nursing, Convalescent Facilities
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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