Overview
What is Valley Health Services Inc?
Valley Health Services Inc, a major healthcare provider in Herkimer, New York, has grown from a 32-bed facility to a 160-bed long-term care and rehabilitative center since its establishment in 1984. Located in Herkimer County, this privately-owned, not-for-profit organization provides essential services to a largely rural population, making it the eighth largest employer in the area. Valley Health Services offers a range of services, including skilled nursing, short-term rehabilitation and sub-acute care, physical therapy, occupational therapy, speech therapy, wound care, IV therapy, outpatient rehabilitation, cardiac rehabilitation, and osteoporosis management. Despite the cancellation of their adult day care programs due to the COVID-19 pandemic, unique services such as speech therapy, IV therapy, cardiac rehabilitation, palliative care, and osteoporosis management set Valley Health Services apart in the greater Herkimer area. Approximately 59% of their revenue comes from Medicaid, leading to a shortfall per patient day. To support residents, an in-house "Needy Resident" fund is available for incidental expenses. Valley Health Services' human resources staff and the Director of Community Life participated in career fairs and provided clinical supervision to college interns. The organization's administrator, Kathy Eisenhut, serves on various nonprofit boards, and Valley Health Services serves as a clinical rotation site for Herkimer BOCES LPN and CNA classes. The staff also assists residents, their families, and outpatients in addressing eligibility for assistance and works with Career Connections of the Herkimer ARC to match clients with job opportunities. Despite the cancellation of their annual fundraising events, Valley Health Services remains committed to providing quality, person-centered care to the residents of Herkimer and surrounding communities.
Official website here: www.valleyhealthservices.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star Rating)
Valley Health Services Inc has received an overall score of 81%, indicating a solid performance in terms of accountability and finance. This score is based entirely on a comprehensive evaluation of their financial practices, which reflects a commitment to transparency and responsible management of funds. The organization has achieved full marks for having an independent board and for not diverting any assets, showcasing strong governance.
Strengths include a high program expense ratio of 85.95%, which suggests that a significant portion of their funds directly supports their programs. Additionally, Valley Health Services has implemented various policies such as conflict of interest, whistleblower, and document retention that reinforce their accountability measures. The organization also maintains proper oversight with an audit committee in place, further affirming their financial integrity.
While the financial management appears commendable, the detailed salaries of key personnel may raise questions regarding compensation relative to overall revenue and service impact. Nonetheless, the organization's robust governance structure and fiscal practices position it as a credible entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Health Services Inc legitimate?
Valley Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Health Services 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: $545,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,463,184
For more financial information, click here
Official website here: www.valleyhealthservices.org
What is the mission statement of Valley Health Services Inc?
Valley Health Services Inc is dedicated to providing quality, person-centered long-term and rehabilitative care through diverse programs designed to promote health and independence. The organization's mission goes beyond just providing medical care; it also focuses on creating a comfortable and healthy environment for its residents. Services offered include skilled nursing, rehabilitation, speech therapy, wound care, and IV therapy, among others. Despite facing a significant financial shortfall due to Medicaid reimbursement, the organization strives to address the needs of its residents and their families. Valley Health Services Inc also participates in community events and collaborations to improve access to care and provide opportunities for education and career growth. The organization's commitment to its residents extends beyond medical care, reflecting a holistic approach to health and well-being.
Official website here: www.valleyhealthservices.org
Who is the CEO of Valley Health Services Inc?
Connie A Jastremski is the Principal Officer of Valley Health Services Inc.
Official website here: www.valleyhealthservices.org
What is the revenue of Valley Health Services Inc?
Valley Health Services Inc's revenue in 2022 was $12,972,285.
Official website here: www.valleyhealthservices.org
Who are the executives of Valley Health Services Inc and what are their salaries?
The average compensation at Valley Health Services Inc during 2022 was $30,892. There are 324 employees and 14 volunteers at Valley Health Services Inc.
Here are 17 key members and their salaries:
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- Compensation: $386,903
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- Related: $134,060
- Other: $10,704
Official website here: www.valleyhealthservices.org
Where can I find the form 990 for Valley Health Services Inc?
Valley Health Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleyhealthservices.org
Learn more at the official website: www.valleyhealthservices.org
Mission Statement of Valley Health Services Inc
Valley Health Services Inc, a major healthcare provider, is dedicated to providing quality, person-centered rehabilitative, long-term, and palliative care through diverse programs designed to promote health and independence. At the heart of its mission is a commitment to offering access to a continuum of long-term care services when families need it most. The organization takes pride in creating a comfortable, healthy environment for its residents, where they experience comfort and privacy.
Valley Health Services Inc has evolved significantly since its founding in 1984. Originally a 32-bed long-term care and rehabilitative facility, it has grown to become a 160-bed organization. The not-for-profit organization offers a comprehensive range of services, including skilled nursing, short-term inpatient and rehabilitation, sub-acute care, physical therapy, occupational therapy, speech therapy, wound care, IV therapy, outpatient rehabilitation, cardiac rehabilitation, palliative care, and osteoporosis management. These services cater to the unique needs of the community and set Valley Health Services Inc apart from competitors. Approximately 59% of the organization's revenue comes from Medicaid, making it essential that they provide care to a largely underserved population. Despite the financial challenges, Valley Health Services Inc remains committed to ensuring its residents receive the best possible care.
Valley Health Services Inc's team of qualified staff places an equal emphasis on mind, body, and spirit. They have established an in-house "Needy Resident" fund to provide money for incidental items desired by residents, ensuring their overall well-being. The organization is also involved in the community, participating in career fairs and providing clinical supervision to college interns. Valley Health Services Inc is represented on various nonprofit boards, serves as a clinical rotation site for local educational programs, and operates its own CNA class. These community collaborations not only strengthen the organization's relationships but also foster a strong support network for its residents and outpatients.
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Impact
October, 2024
Valley Health Services Inc. significantly impacts the community by ensuring access to a comprehensive range of long-term care services tailored to the needs of residents and their families. By providing a home-like environment, the organization fosters comfort and privacy for individuals requiring skilled nursing and rehabilitative care. Since its inception in 1984, the facility has evolved from a 32-bed to a 160-bed establishment, highlighting its capability to cater to a growing and diverse population, especially in the largely rural areas of Herkimer and surrounding communities.
With a focus on person-centered care, Valley Health Services offers an extensive array of services, including physical, occupational, and speech therapy, alongside specialized care in palliative, wound, IV, and cardiac rehabilitation. Its commitment to quality care is complemented by a dedicated and qualified staff that prioritizes the holistic well-being of each resident.
As one of the largest employers in Herkimer County, Valley Health Services plays a crucial role in the local economy, providing job opportunities and participating in community initiatives like career fairs and training programs for nursing students. The organization collaborates with local educational institutions, including Herkimer College, to support the development of healthcare professionals through clinical rotations and training programs.
Despite facing financial challenges, especially with significant Medicaid reimbursement shortfalls, Valley Health Services demonstrates resilience through initiatives like the "needy resident" fund and partnerships aimed at addressing patient care and support. Its ongoing involvement in local health networks and community boards further illustrates its dedication to enhancing healthcare access and quality within the region. Through its wide-ranging programs and commitment to promoting health and independence, Valley Health Services Inc. makes a vital contribution to the quality of life for individuals and families in the community.
This information is meant to be a general summary of Valley Health Services 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: $30,806
- Program Service Revenue: $12,452,403
- Gross Receipts: $12,972,285
Assets and Liabilities:
- Total Assets: $7,440,406
- Total Liabilities: $7,559,858
- Net Assets: -$119,452
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUE, NET
Revenue
$12,452,403
Organization Details
Founding Year
1984
Phone
(315) 866-3330Principal Officer
Connie A Jastremski
Main Address
690 W GERMAN STREET, HERKIMER, NY, 13350
Website
www.valleyhealthservices.orgNTEE Category
Code: E91Z - Health
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