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Valley Physician Services Inc

Valley Medical Group

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320041186 ✦ Ridgewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Valley Physician Services Inc?

Valley Physician Services Inc, a New Jersey-based organization with a workforce of 952, plays a crucial role within Valley Health System, Inc., by providing expert management services to associated physician service organizations. Their mission focuses on supporting Valley Physician Services, P.C., and Valley Physician Services, NY, P.C., through dedicated management solutions. With a US address in Ridgewood, New Jersey, their services contribute to the overall efficiency and effectiveness of the related healthcare entities within the system.


Official website here: www.valleyhealth.com/valley-medical-group

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Valley Physician Services Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The organization scored 81% in this area, indicating that it meets many of the key standards for financial health and transparency, which is crucial for donor trust and support.

One of the organization's strengths lies in its governance structure, with 94% of its board members being independent. This independence is vital for objective decision-making. Additionally, Valley Physician Services has demonstrated effective oversight with a strong audit and financial committee, ensuring that its financial practices are sound and aligned with best practices.

While the ratings highlight the organization's strengths, the score is solely based on accountability and finance metrics. There may be other aspects of organizational performance or program impact that are not captured in this score, suggesting a need for potential donors to consider multiple factors when evaluating the nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Valley Physician Services Inc legitimate?

Valley Physician Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Physician 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,573,114

For more financial information, click here


Official website here: www.valleyhealth.com/valley-medical-group

What is the mission statement of Valley Physician Services Inc?

Valley Physician Services Inc is dedicated to offering management services to associated physician service organizations under Valley Health System, Inc. Their mission is to effectively support and oversee Valley Physician Services, P.C. and Valley Physician Services, NY, P.C. By providing specialized management services, they ensure the smooth operation of these organizations and contribute to their overall success.


Official website here: www.valleyhealth.com/valley-medical-group

Who is the CEO of Valley Physician Services Inc?

Audrey Meyers is the President & Ceo, Vhs of Valley Physician Services Inc. The CEO's salary of Valley Physician Services Inc is $0 and their total compensation is $4,023,611.


Official website here: www.valleyhealth.com/valley-medical-group

What is the revenue of Valley Physician Services Inc?

Valley Physician Services Inc's revenue in 2022 was $128,587,810.


Official website here: www.valleyhealth.com/valley-medical-group

Who are the executives of Valley Physician Services Inc and what are their salaries?

The average compensation at Valley Physician Services Inc during 2022 was $51,022. There are 952 employees and 18 volunteers at Valley Physician Services Inc.


Here are 27 key members and their salaries (Valley Physician Services Inc's CEO's salary is $0 and their total compensation is $4,023,611):


Audrey Meyers (President & Ceo, Vhs)
  • Compensation: $0
  • Related: $3,974,039
  • Other: $49,572
Vincent Forlenza (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lobo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank J Sheehy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Limberg (Vice Chair & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Marion (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Baselice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bush (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Hasson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Shawn Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Mactas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Sachs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis Salamone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Schroeder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward B Self Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Silverstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Verduin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Wald Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Brenner President (Clinical Integration/Physician Ent.)
  • Compensation: $0
  • Related: $1,461,032
  • Other: $28,405
William Klutkowski (Sr. Vp, Finance & Cfo)
  • Compensation: $0
  • Related: $1,016,955
  • Other: $57,305
Julia Karcher (Senior Vp Of Vhs/Vmg Eff. 6/22)
  • Compensation: $0
  • Related: $591,959
  • Other: $41,719
Lourdes Hidalgo-Gato Dir (Director Vmg Operations)
  • Compensation: $206,841
  • Related: $0
  • Other: $40,239
Carol Persley (Dir, Ambulatory Svc Line Surg Svcs)
  • Compensation: $167,052
  • Related: $0
  • Other: $18,369
Joseph Baddoura (Dir, Ambulatory Svc Line Med Specialties)
  • Compensation: $152,740
  • Related: $0
  • Other: $17,034
Melissa Nanidzhanyan (Sr Embryologist Coordinator)
  • Compensation: $142,232
  • Related: $0
  • Other: $42,856
Nicole Burns (Sr Embryologist Coordinator)
  • Compensation: $141,843
  • Related: $0
  • Other: $26,586


Official website here: www.valleyhealth.com/valley-medical-group

Where can I find the form 990 for Valley Physician Services Inc?

Valley Physician Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleyhealth.com/valley-medical-group

Learn more at the official website: www.valleyhealth.com/valley-medical-group

Mission Statement of Valley Physician Services Inc

Valley Physician Services Inc, a crucial entity within Valley Health System, Inc., is dedicated to providing expert management services to related physician service organizations. Their primary mission is to support Valley Physician Services, P.C. and Valley Physician Services, NY, P.C., ensuring their operational efficiency and effectiveness. By offering specialized management services, Valley Physician Services Inc plays an essential role in enhancing the performance of these related organizations, enabling them to deliver top-tier healthcare solutions.

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Impact




October, 2024

Valley Physician Services Inc plays a crucial role in enhancing the operational efficiency of physician service organizations within the Valley Health System in Ridgewood, NJ. By offering specialized management services, the organization supports the delivery of effective healthcare, ensuring that professional corporations such as Valley Physician Services, P.C. and Valley Physician Services, NY, P.C. can focus on patient care while benefiting from streamlined administrative and operational processes. This impact extends to improving healthcare access and quality for the communities served by these organizations.




This information is meant to be a general summary of Valley Physician 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.

Revenue
$128,587,810 (2022)
Expenses
$128,703,563 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,862,284
  • Gross Receipts: $128,587,810

Assets and Liabilities:

  • Total Assets: $100,915,941
  • Total Liabilities: $74,885,431
  • Net Assets: $26,030,510

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEE REVENUE

Revenue

$3,273,006

PROVIDER INCENTIVE REVENUE

Revenue

$1,589,278

Organization Details

Founding Year

2002

Principal Officer

Audrey Meyers

Main Address

223 NORTH VAN DIEN AVE, RIDGEWOOD, NJ, 07450

NTEE Category

Code: E60 - Health

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