What is Valley Hospital Inc's total revenue?

Valley Hospital Inc reported total revenue of $1.15B for tax year 2023 on its IRS Form 990, against $1.04B in total expenses and $-14.0M in net income.

What are Valley Hospital Inc's total assets?

Valley Hospital Inc reported total assets of $2.37B and net assets of $1.66B on its FY2023 IRS Form 990.

Where can I find Valley Hospital Inc's IRS Form 990?

Valley Hospital Inc files IRS Form 990 annually under EIN 22-1487307. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 22-1487307

Valley Hospital Inc

Paramus, NJ 07652-3619 · Tax year 2023

NTEE E22Original filing PDF →

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$1.15B

Total revenue

$1.04B

Total expenses

$-14.0M

Net income

-1.2%

Operating margin

Financial summary

Total revenue: $1.15B
Contributions + grants: $54.7M
Program service revenue: $1.06B
Total expenses: $1.04B
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $-14.0M
Total assets: $2.37B
Total liabilities: $711.1M
Net assets: $1.66B

Peer comparison

Compared to 29 organizations with NTEE E22 in NJ

Avg revenue (peers)

$814.7M

This org:$1.15B

Avg net income (peers)

$4.1M

This org:$-14.0M

Avg top exec comp (peers)

$1.5M

This org (highest):$933K

Executive compensation (FY2023)

27 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
JOSEPH YALLOWITZ	VP & CHIEF MEDICAL OFFICER	40	$553K	$933K
KARTEEK BHAVSAR	SR. VP, OPERATIONS & BUSIN	20	$542K	$829K
PETER DIESTEL	TRANSITIONAL CONSULTANT	40	$353K	$700K
DAVID BOHAN	VP & CHIEF DEVELOPMENT OFF	4	$387K	$675K
CHARLES VANNOY	VP/CNO, PATIENT CARE SVCS	40	$363K	$613K
BRAD HASPEL	VP, ANCILLARY SERVICES	40	$317K	$468K
BETTYANN KEMPIN	VP, ADMINISTRATION	40	$281K	$463K
JAMES BUSH	TRUSTEE	0.1	—	—
VINCENT FORLENZA	CHAIR EMERITUS	0.1	—	—
MICHELLE HASSON	TRUSTEE	0.1	—	—
M SHAWN KENNEDY	TRUSTEE	0.1	—	—
BRUCE MACTAS	TRUSTEE	0.1	—	—
DUANE SACHS	TRUSTEE	0.1	—	—
AUDREY MEYERS	PRESIDENT & CEO, VHS	10.8	—	—
EDWARD B SELF MD	TRUSTEE	0.1	—	—
STEVEN SILVERSTEIN	TRUSTEE	0.1	—	—
JEFFREY TUCKER	TRUSTEE	0.1	—	—
PATRICIA VERDUIN	TRUSTEE	0.1	—	—
WAYNE WALD ESQ	TRUSTEE	0.1	—	—
WILLIAM KLUTKOWSKI	SR. VP, FINANCE & CFO	12	—	—
SCOTT SCHROEDER	TRUSTEE	0.1	—	—
KEVIN LOBO	CHAIR	0.1	—	—
FRANK J SHEEHY	VICE CHAIR	0.1	—	—
ANN LIMBERG	VICE CHAIR	0.1	—	—
JOSEPH MARION	TREASURER	0.1	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$1.15B	$1.04B	$-14.0M	$2.37B
2022	$1.06B	$938.3M	$2.0M	$2.19B
2021	$1.00B	$855.9M	$9.9M	$2.21B
2020	$897.4M	$843.5M	$15.2M	$2.09B
2019	$860.1M	$746.8M	$-553K	$1.85B
2018	$759.0M	$720.8M	$18.2M	$1.25B
2017	$707.1M	$712.2M	$8.1M	$1.13B
2016	$712.1M	$674.8M	$9.4M	$1.02B
2015	$672.4M	$656.6M	$-911K	$975.2M

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