EIN 22-1487307

The Valley Hospital

IRS 501(c) type
501(c)(3)
Num. employees
4,635
Year formed
1925
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Valley Hospital is a fully accredited, acute care, not-for-profit hospital serving more than 440,000 people in 32 towns in Bergen County and adjoining communities. As a not-for-profit hospital, Valley is committed to giving back to the community.
Total revenues
$1,153,072,946
2023
Total expenses
$1,035,353,094
2023
Total assets
$2,368,786,881
2023
Num. employees
4,635
2023

Program areas at The Valley Hospital

The Valley Hospital in paramus, new jersey is a fully accredited, acute care, not-for-profit Hospital serving more than 440,000 people in 32 towns in bergen county and adjoining communities. The Valley Hospital is part of Valley health system, a regional healthcare system that serves residents in northern new jersey and southern new york. It comprises The Valley Hospital, Valley home care, and Valley medical group. As a not-for-profit Hospital, Valley is committed to giving back to The community. Valley serves The community by providing thousands of hours of healthcare education and screenings, support groups and classes to assist those in need, and care to all those who come through our doors, regardless of their ability to pay. Valley's licensed capacity is 2023 was 431 beds.bergen county is The most populous county in new jersey and one of The wealthiest counties in The united states. There are 952,997 residents in The 233.01 square miles of bergen county, nj. The population is 52.7% white and non-hispanic, 22.7% hispanic, 7.8% black, and 17.6% asian. Seven percent of The population is not proficient in english. The child poverty rate is 8% and 17% of students are eligible for free or reduced-price lunch. The median household income is $113,900. Residents are generally well-educated and have higher graduation rates than nj as a whole and The u.s. as a whole. Bergen county fares better than The average county in new jersey for health outcomes. The Valley Hospital employs people who represent and live in The communities we serve. More than 3,600 employees constitute The Valley hospital.valley participates in a community health needs assessment every three years. This assessment is part of a regional project conducted by professional research consultants, Inc. (prc) for The community health improvement partnership (chip) of bergen county. The assessment incorporates data from multiple sources, including primary research (through The prc community health survey and prc online key informant survey), as well as secondary research (vital statistics and other existing health-related data). It also allows for trending and comparison to benchmark data at The state and national levels.in 2023, 55,543 individuals were admitted to Valley, 73,171 people were treated in The emergency department, and 3,602 babies were born. Valley's key services include cardiology, oncology, women's and children's services, emergency care, orthopedics, and neurosciences. Valley also offers The services of a center for minimally invasive and robotic surgery, a total joint replacement center, a neuroscience center, a center for bariatric surgery and weight-loss management, a center for sleep medicine, The gamma knife center, and The kireker center for child development, among others.valley's community care clinic had 5,271 visits in 2023. They provide care at no cost to The patients who qualify in 16 (medical, neurology, gi, general surgery, breast surgery, rheumatology, ophthalmology, gyn, ob, pediatrics, pulmonary, cardiology, pain, dermatology, orthopedics, and urology) specialty clinics. They continue to provide care to children in foster care in bergen and passaic counties that require complex medical and subspecialty care. Each year, Valley dining prepares over 23,000 meals for community meals, Inc., and financial resources to support homebound older adults in Valley's service area.valley health system has been designated as an lgbtq+ healthcare equality high performer by The human rights campaign foundation, The educational arm of The nation's largest lesbian, gay, bisexual, transgender, and queer (lgbtq+) civil rights organization. The healthcare equality index strives to ensure lgbtq+ people are protected and affirmed by their healthcare providers and feel safe seeking services. Hei active participants are recognized for implementing robust, comprehensive lgbtq+ inclusive policies that hopefully, because of their work, become standard practice.valley works with local partners to promote inclusivity and equality. Where Valley was a sponsor, 335 community members attended education programs on lgbtq+ health and local pride celebrations. Valley's social equality council is The recipient of The new jersey Hospital association's (njha) 2023 diversity and inclusion award, for its work in promoting an inclusive, fair, and supportive culture for our staff and The communities we serve.formed in 2020 in The wake of nationwide protests and demonstrations following The death of george floyd, The social equality council has taken many steps toward making Valley an even better place for all employees, doctors, and members of our community. Among its accomplishments are The creation of The career development program; increased minority representation in management and promotional opportunities; and enhanced utilization of diverse, minority-led vendors and suppliers.valley health system's chair of women's services presented at The congressional black caucus foundation's annual legislative conference about reducing black maternal mortality. Valley continues to partner with bergen community college to discuss health inequities and health needs of The bipoc community. A panel discussion featuring family members of henrietta lacks welcomed over 200 participants. The discussion not only focused on The story of henrietta lacks, but also covered topics such as informed consent and The contributions of hela cells on modern medicine.the boys & girls clubs of passaic, paterson and clifton participated in three career events learning about emergency medical services, cardiac procedures, and healthcare careers. Forty-three high school seniors participated in Valley's career frontiers high school workforce development program during their school year, representing 13 different schools throughout bergen and passaic counties. "career frontiers" high school internship program provides hs senior interns The opportunity to learn through service. Students interested in a healthcare career learn through observation and experience to support their career readiness. Interns serve patients, families, and staff with added experiences that may include assisting with department projects, observing patient care or procedures, attending meetings, establishing meaningful connections with patients, their families, visitors, and interacting with a variety of diverse healthcare professionals. Students are required to complete weekly reflection journals and attend in depth department tours and special healthcare career education events. Twenty-four students The paterson steam high school received heartsaver & aed training certification.the ridgewood academy for health professions (rahp) is a partnership between Valley, ridgewood high school, and bergen community college. This three-year program began in 2005 and has graduated over 500 students interested in pursuing careers in healthcare. During The student's first year, termed their "exploration year," students visit three full-day sessions learning about different departments in The healthcare setting. The second year concentrates on areas of interest The students would like to further investigate. During The student's third year, termed their "mentorship year," students choose one health-related issue to explore under The guidance of a mentor and prepare a capstone project. Valley has already hired three nurses, two social workers, an imaging tech, a physician, and an administrator who are all graduates of rahp.participation in community education classes have grown exponentially through The use of virtual education tools and social media. In 2023, 14,803 people attended free, in-person screenings, exercise programs, and education events. An additional 167,000 people viewed virtual education, podcasts, written education, and social media. In 2023, a total of 181,877 learned about good health from Valley's community health department. When asked, 93.4% of participants shared that they increased their knowledge as a result of attending one of our programs. And 85.5% said they intend to make lifestyle changes as a result of what they learned.participants in Valley's free walking programs walked 650 miles in 2023. Nutrition programs were attended by 3,540, covering topics such fad diets, nutrition trends, new year eating habits, nutrition jeopardy, plant-based eating, and nutrition and diabetes.

Grants made by The Valley Hospital

GranteeGrant descriptionAmount
Valley Medical GroupGeneral Support$126,871,032
Valley Health SystemGeneral Support$339,362
Bergen Volunteer Medical InitiativeGeneral Support$30,000
...and 13 more grants made

Who funds The Valley Hospital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Valley Physicians Services PCStrategic Funding$27,076,288
Valley Hospital Foundation (VHF)Project/capital Projects/Donor-Designated Special Programs and Services$13,634,631
Valley Physician Services Ny PCStrategic Funding$323,263
...and 4 more grants received

Personnel at The Valley Hospital

NameTitleCompensation
Audrey MeyersPresident and Chief Executive Officer , VHS$0
William KlutkowskiSenior Vice President and Chief Financial Officer$0
David BohanVice President and Chief Development Officer / Vice President , Foundation$582,103
Charles VannoyVice President and Chief Nursing Officer , Patient Care Services / Assistant Vice President , Women's and Children's$472,084
Joseph YallowitzVice President and Chief Medical Officer$798,929
...and 16 more key personnel

Financials for The Valley Hospital

RevenuesFYE 12/2023
Total grants, contributions, etc.$54,733,663
Program services$1,055,445,485
Investment income and dividends$23,550,735
Tax-exempt bond proceeds$42,721
Royalty revenue$0
Net rental income$-870,403
Net gain from sale of non-inventory assets$-13,951,887
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$34,122,632
Total revenues$1,153,072,946

Form 990s for The Valley Hospital

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-04990View PDF
2022-122023-11-12990View PDF
2021-122022-11-15990View PDF
2020-122022-12-12990View PDF
2020-122021-11-12990View PDF
...and 14 more Form 990s

Organizations like The Valley Hospital

OrganizationLocationRevenue
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Hoag Memorial Hospital PresbyterianNewport Beach, CA$1,843,487,493
Sharp Memorial HospitalSan Diego, CA$1,539,570,652
Sutter Valley HospitalsSacramento, CA$4,658,111,308
Good Samaritan Regional Medical CenterCorvallis, OR$585,148,141
Beth Israel Deaconess Medical Center (BIDMC)Boston, MA$2,688,941,672
Rutland Regional Medical Center (RRMC)Rutland, VT$324,335,651
Winchester HospitalWinchester, MA$356,181,766
Essentia Health DuluthDuluth, MN$701,753,513
The Nebraska Medical CenterOmaha, NE$2,083,654,888
Data update history
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $203,500 from The Alfano Family Charitable Foundation
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
December 31, 2023
Received grants
Identified 6 new grant, including a grant for $47,852,914 from Valley Physicians Services PC
August 6, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthDiseases and disorders
Characteristics
State / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
223 N Van Dien Ave
Ridgewood, NJ 07450
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Bergen County, NJ
Website URL
valleyhealth.com/ 
Phone
(201) 447-8000
Facebook page
ValleyHospital 
Twitter profile
@valleyhospital 
IRS details
EIN
22-1487307
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1925
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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