Overview
What is Valley Health System Inc?
Valley Health System Inc, based in Ridgewood, New Jersey, is a leading healthcare organization with a workforce of 500 employees. They offer management and planning services to various entities under their umbrella, ensuring the smooth operation of Valley Hospital and its affiliates, including home care agencies, community-based primary and urgent care centers, and medical groups. Valley Health System's mission is to deliver quality healthcare to the residents of Northern New Jersey, providing a comprehensive range of programs and services that cater to numerous communities in Bergen County.
Official website here: www.valleyhealth.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
Valley Health System Inc has received a low rating of 56%, indicating significant concerns regarding its financial health and accountability practices. While the organization demonstrates strengths such as having a majority independent board and strong policies for conflict of interest and whistleblower protection, it struggles in critical financial metrics, particularly with a high liabilities to assets ratio and a low program expense ratio.
The organization's accountability and finance score reflects both its strengths in governance and its weaknesses in fiscal management. The absence of the tax form on its website notably impacts transparency, a critical factor for donor trust. While there are solid policies in place, the low allocation of funds towards programs suggests that the organization may not be effectively channeling resources into its mission.
Overall, while Valley Health System Inc shows governance strengths, the financial management issues highlighted in the rating raise concerns for potential donors and stakeholders. The organization may need to address these financial challenges to improve its rating and increase trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Health System Inc legitimate?
Valley Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Health System 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: $8,966,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,966,430
For more financial information, click here
Official website here: www.valleyhealth.com
What is the mission statement of Valley Health System Inc?
Valley Health System Inc is a comprehensive healthcare organization dedicated to delivering quality services to the residents of Northern New Jersey. Encompassing various programs and facilities under its umbrella, the system includes Valley Hospital, a full-service acute care hospital, a home care agency, Valley Home Care, community-based primary and urgent care centers, and Valley Health Medical Groups. The mission of Valley Health System Inc is to ensure access to healthcare for diverse communities by providing effective management and planning services. The organization is committed to enhancing the health and well-being of its clientele, offering a range of healthcare services designed to meet the unique needs of each individual.
Official website here: www.valleyhealth.com
Who is the CEO of Valley Health System Inc?
Audrey Meyers is the President & Ceo, Vhs of Valley Health System Inc. The CEO's salary of Valley Health System Inc is $3,974,039 and their total compensation is $4,023,611.
Official website here: www.valleyhealth.com
What is the revenue of Valley Health System Inc?
Valley Health System Inc's revenue in 2022 was $103,066,284.
Official website here: www.valleyhealth.com
Who are the executives of Valley Health System Inc and what are their salaries?
The average compensation at Valley Health System Inc during 2022 was $103,865. There are 500 employees and 18 volunteers at Valley Health System Inc.
Here are 29 key members and their salaries (Valley Health System Inc's CEO's salary is $3,974,039 and their total compensation is $4,023,611):
- Compensation: $3,974,039
- Related: $0
- Other: $49,572
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- Compensation: $1,461,032
- Related: $0
- Other: $28,405
- Compensation: $1,016,955
- Related: $0
- Other: $57,305
- Compensation: $1,018,873
- Related: $0
- Other: $46,482
- Compensation: $644,535
- Related: $0
- Other: $35,347
- Compensation: $591,959
- Related: $0
- Other: $41,719
- Compensation: $1,046,121
- Related: $0
- Other: $44,617
- Compensation: $873,571
- Related: $0
- Other: $50,092
- Compensation: $738,870
- Related: $0
- Other: $57,331
- Compensation: $509,211
- Related: $0
- Other: $35,925
- Compensation: $506,285
- Related: $0
- Other: $37,905
Official website here: www.valleyhealth.com
Where can I find the form 990 for Valley Health System Inc?
Valley Health System 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 Valley Health System Inc
Valley Health System Inc, a full-service healthcare system, is dedicated to managing and planning various entities under its umbrella. This nonprofit organization based in Northern New Jersey encompasses the programs and services of Valley Hospital, a full-service hospital, Valley Home Care, a home care agency, and community-based primary and urgent care centers, as well as Valley Health Medical Groups. By bringing quality healthcare to numerous communities in Bergen County, Valley Health System Inc aims to serve the residents of Northern New Jersey comprehensively.
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Impact
October, 2024
Valley Health System Inc significantly enhances healthcare access and quality for residents in northern New Jersey. By providing management and planning services to its subsidiaries and affiliates, it ensures streamlined operations across a diverse range of healthcare programs and services.
The system encompasses Valley Hospital, which offers a full spectrum of medical care, along with Valley Home Care, catering to home healthcare needs. Additionally, community-based primary and urgent care centers extend essential medical services to various communities in Bergen County. The collaboration of these entities under Valley Health System fosters a comprehensive approach to health and wellness, addressing both immediate and long-term healthcare needs for the population it serves.
Through its integrated services, Valley Health System not only improves individual health outcomes but also contributes to the overall well-being of the community, making it a vital resource in the region's healthcare landscape.
This information is meant to be a general summary of Valley Health System 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: $394,209
- Program Service Revenue: $102,672,075
- Gross Receipts: $109,202,382
Assets and Liabilities:
- Total Assets: $58,560,203
- Total Liabilities: $53,976,441
- Net Assets: $4,583,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE COST ALLOCATION
Revenue
$97,962,462
INCENTIVE PROGRAM FEES
Revenue
$4,709,613
Organization Details
Founding Year
1988
Phone
(201) 291-6200Principal Officer
Audrey Meyers
Main Address
223 NORTH VAN DIEN AVE, RIDGEWOOD, NJ, 07450
Website
www.valleyhealth.comNTEE Category
Code: E70 - Health
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