Overview
What is The Valley Hospital Inc?
The Valley Hospital Inc, located in Ridgewood, New Jersey, is a not-for-profit, fully accredited acute care hospital serving over 460,000 people in Bergen County and neighboring communities. As part of Valley Health System, it comprises Valley Home Care, Valley Medical Group, and Valley Hospital. The hospital boasts a current licensed capacity of 431 beds and offers various specialized centers. Valley is committed to giving back to the community by providing healthcare education and screenings, support groups, and care for all patients, regardless of their ability to pay. With a staff of over 3,600 employees, Valley Hospital provides essential healthcare services to residents in one of New Jersey's wealthiest and most populated counties. In 2022, the hospital admitted 52,081 individuals, treated 69,751 in the emergency department, and welcomed a record-breaking 4,049 babies. Valley Hospital has received numerous accolades, including the prestigious Lantern Award from the Emergency Nurses Association, as well as recognition from the NICHE organization for older adult care.
Official website here: www.valleyhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Valley Hospital Inc has received a high score of 96%, reflecting strong performance in accountability and finance as per Charity Navigator's evaluation. This high rating is primarily derived from a single beacon score, emphasizing the organization's commitment to transparency and responsible financial practices. The majority of the board members are independent, showcasing a robust governance structure.
Strengths noted include a comprehensive audit and oversight committee, with no reported material diversions of assets and a well-defined conflict of interest policy. The organization demonstrates prudent financial management with a liabilities to assets ratio of 32.86% and a program expense ratio of 78.41%, indicating a significant portion of resources is directed towards its mission-driven programs.
While no explicit limitations were identified in the provided data, the focus on financial metrics suggests that stakeholders may benefit from additional insights into the organization's programmatic impact and community outcomes. Overall, The Valley Hospital Inc exhibits strong financial health and governance practices, positioning it well for continued trust from donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is The Valley Hospital Inc legitimate?
The Valley Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Valley Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,164,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,942,562
For more financial information, click here
Official website here: www.valleyhealth.com
What is the mission statement of The Valley Hospital Inc?
The Valley Hospital Inc is dedicated to healing and caring for patients, bringing comfort to their families, and promoting good health in the community. This mission is underpinned by a commitment to excellence in clinical care, innovation in programs and technology, and creating a compassionate and respectful environment. The hospital serves a large and affluent population, providing thousands of hours of healthcare education and screenings, support groups, and care to those in need, regardless of their ability to pay. With a current licensed capacity of 431 beds, the hospital offers specialized services in various areas including cardiac/heart failure, diabetes, oncology, pulmonary, geriatrics, total joint, neurovascular, and more. The Valley Hospital's dedication to providing high-quality healthcare extends to older adults, earning it recognitions such as the Exemplar award from NICHE and the Trailblazer award for elder care.
Official website here: www.valleyhealth.com
Who is the CEO of The Valley Hospital Inc?
Audrey Meyers is the President & Ceo, Vhs of The Valley Hospital Inc. The CEO's salary of The Valley Hospital Inc is $0 and their total compensation is $4,023,611.
Official website here: www.valleyhealth.com
What is the revenue of The Valley Hospital Inc?
The Valley Hospital Inc's revenue in 2022 was $1,059,746,501.
Official website here: www.valleyhealth.com
Who are the executives of The Valley Hospital Inc and what are their salaries?
The average compensation at The Valley Hospital Inc during 2022 was $71,437. There are 4397 employees and 900 volunteers at The Valley Hospital Inc.
Here are 27 key members and their salaries (The Valley Hospital Inc's CEO's salary is $0 and their total compensation is $4,023,611):
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- Related: $3,974,039
- Other: $49,572
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- Related: $1,016,955
- Other: $57,305
- Compensation: $472,084
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- Other: $46,772
- Compensation: $622,758
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- Other: $22,546
- Compensation: $798,929
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- Other: $50,922
- Compensation: $582,103
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- Other: $39,668
- Compensation: $374,910
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- Other: $27,858
- Compensation: $346,631
- Related: $0
- Other: $49,392
- Compensation: $319,938
- Related: $0
- Other: $40,200
Official website here: www.valleyhealth.com
Where can I find the form 990 for The Valley Hospital Inc?
The Valley Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleyhealth.com
Learn more at the official website: www.valleyhealth.com
Mission Statement of The Valley Hospital Inc
The Valley Hospital Inc, a distinguished not-for-profit healthcare organization, is dedicated to healing and caring for patients, bringing comfort to their families, and teaching good health. Committed to excellence, this institution leads the way in clinical care, innovative programs and technology, and creating a compassionate and respectful environment. The Valley Hospital goes beyond the conventional role of a healthcare provider, touching the lives of its community in profound ways.
The Valley Hospital's mission is to deliver top-notch healthcare services with a focus on providing exceptional patient care, investing in groundbreaking programs and technologies, and fostering a supportive and nurturing environment for its patients and their loved ones. With a team of skilled healthcare professionals, the organization is renowned for its expertise in various medical fields, including cardiac/heart failure, diabetes, oncology, pulmonary, geriatrics, total joint, neurovascular, and many more. The hospital's unwavering dedication to enhancing the quality of life for its patients is reflected in its exceptional centers of excellence, which cater to a wide range of medical needs.
Moreover, The Valley Hospital is deeply committed to giving back to the community. Through thousands of hours of healthcare education and screenings, support groups and classes, and care to all, regardless of their ability to pay, the organization demonstrates its unwavering compassion and dedication to its community. By employing individuals who represent and live in the very communities it serves, The Valley Hospital continually strengthens its connection to its patients and their families. In 2022, the hospital served over 52,000 individuals, treated 69,751 in the emergency department, and welcomed a record-breaking 4,049 newborns into the world.
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Impact
October, 2024
The Valley Hospital Inc significantly impacts the community of Bergen County and surrounding areas through comprehensive healthcare services, community education, and support for various populations. Located in Ridgewood, New Jersey, it serves over 460,000 residents by providing robust medical care via its 431 licensed beds and specialized centers in areas such as cardiac health, oncology, and geriatrics.
In 2022, the hospital admitted over 52,000 individuals and handled nearly 70,000 emergency department visits, showcasing the critical role it plays in emergency healthcare. The Valley Hospital also marked a notable achievement with the birth of over 4,000 children, reflecting its dedication to maternal and neonatal care.
Beyond emergency and inpatient services, the hospital emphasizes community well-being through extensive educational initiatives. It offers countless hours of healthcare education, screenings, and support groups. Programs such as Valley Health Primetime provide older adults with opportunities to learn about good health and maintain social connections, while the Community Care Clinic ensures that those with financial difficulties still receive essential medical attention.
The Valley Hospital stands out for its commitment to inclusivity and social equality, attaining the LGBTQ+ Healthcare Equality Leader designation. It actively engages in outreach to underserved communities and regularly organizes educational events to address health disparities. With a strong focus on workforce development, the hospital collaborates with local educational institutions to inspire the next generation of healthcare professionals.
Recognition for excellence is evident, as the hospital's emergency department received the prestigious Lantern Award for its innovative practices and commitment to quality care. Furthermore, it has implemented initiatives for elder care and diversified its supplier network to promote social justice.
In summary, The Valley Hospital Inc serves as a cornerstone of health and wellness in the community, delivering high-quality healthcare while fostering education, support, and inclusivity for all residents.
This information is meant to be a general summary of The Valley Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,868,807
- Program Service Revenue: $982,682,908
- Gross Receipts: $1,427,310,297
Assets and Liabilities:
- Total Assets: $2,192,208,083
- Total Liabilities: $720,677,990
- Net Assets: $1,471,530,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$979,635,034
HEALTH AND WELLNESS CE
Revenue
$3,047,874
Organization Details
Founding Year
1925
Phone
(201) 447-8000Principal Officer
Audrey Meyers
Main Address
223 NORTH VAN DIEN AVENUE, RIDGEWOOD, NJ, 07450
Website
www.valleyhealth.comNTEE Category
Code: E22 - Health
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