2024-11-04T16:50:06-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-01-01 320041186 VALLEY PHYSICIAN SERVICES INC VALL 2014478000 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 WILLIAM KLUTKOWSKI SR. VP, FINANCE & CFO 2014478000 2024-11-04 1 1 EDWARD G O'CONNOR P00434443 2017129800 2024-10-31 2023 2024-10-15 13:58:12Z VALLEY MEDICAL GROUP AUDREY MEYERS 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 147203133 0 X WWW.VALLEYHEALTH.COM/VALLEY-MEDICAL-GROUP X 2002 NJ TO PROVIDE MANAGEMENT SERVICES TO RELATED PHYSICIAN SERVICE ORGANIZATIONS WITHIN VALLEY HEALTH SYSTEM, INC. 19 18 980 22 0 0 123725412 132585877 4862284 14615142 0 0 114 2114 128587810 147203133 0 1000000 0 0 62849019 64017058 0 0 0 65854544 68218060 128703563 133235118 -115753 13968015 100915941 147448416 74885431 107466640 26030510 39981776 TO PROVIDE MANAGEMENT SERVICES TO THE FOLLOWING PROFESSIONAL CORPORATIONS: VALLEY PHYSICIAN SERVICES, P.C. AND VALLEY PHYSICIAN SERVICES, NY, P.C. 0 0 95791110 1000000 14615142 VALLEY PHYSICIAN SERVICES, INC. PROVIDED SPECIALIZED MANAGEMENT SERVICES TO RELATED PHYSICIAN SERVICE ORGANIZATIONS WITHIN VALLEY HEALTH SYSTEM, INC. 95791110 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 82 0 980 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X MARIETTA STONE 2012916391 15 ESSEX ROAD PARAMUS NJ 07652 AUDREY MEYERS PRESIDENT & CEO, VHS 1.80 38.20 X X 0 2880401 52035 KEVIN LOBO CHAIR 0.10 0.50 X X 0 0 0 ANN LIMBERG VICE CHAIR 0.10 0.50 X X 0 0 0 FRANK J SHEEHY VICE CHAIR 0.10 0.50 X X 0 0 0 JOSEPH MARION TREASURER 0.10 0.50 X X 0 0 0 DENIS SALAMONE SECRETARY 0.10 0.50 X X 0 0 0 VINCENT FORLENZA CHAIR EMERITUS 0.10 0.50 X 0 0 0 JUDY BASELICE TRUSTEE 0.10 0.50 X 0 0 0 JAMES BUSH TRUSTEE 0.10 0.50 X 0 0 0 MICHELLE HASSON TRUSTEE 0.10 0.50 X 0 0 0 M SHAWN KENNEDY TRUSTEE 0.10 0.50 X 0 0 0 BRUCE MACTAS TRUSTEE 0.10 0.50 X 0 0 0 DUANE SACHS TRUSTEE 0.10 0.50 X 0 0 0 SCOTT SCHROEDER TRUSTEE 0.10 0.50 X 0 0 0 EDWARD B SELF MD TRUSTEE 0.10 1.00 X 0 0 0 STEVEN SILVERSTEIN TRUSTEE 0.10 0.50 X 0 0 0 JEFFREY TUCKER TRUSTEE 0.10 0.50 X 0 0 0 PATRICIA VERDUIN TRUSTEE 0.10 0.50 X 0 0 0 WAYNE WALD ESQ TRUSTEE 0.10 0.50 X 0 0 0 ROBERT W BRENNER PRESIDENT CLINICAL INTEGRATION/PHYSICIAN ENTERPRISE 4.00 36.00 X 0 1529833 29878 WILLIAM KLUTKOWSKI SR. VP, FINANCE & CFO 2.00 38.00 X 0 1079106 51469 JULIA KARCHER SR. VP OF VHS/VMG 35.00 5.00 X 0 699486 46102 LOURDES HIDALGO-GATO EXECUTIVE DIRECTOR, VMG OPERATIONS 40.00 0.00 X 222147 0 28767 CAROL PERSLEY DIRECTOR AMBULATORY SVC LINE CARDIOLOGY 40.00 0.00 X 175652 0 19196 NATASH SINGH SPECIALTY CLINICAL PHARMACY SPECIALIST 40.00 0.00 X 156413 0 13725 NICOLE BURNS SR. EMBRYOLOGIST COORDINATOR 40.00 0.00 X 148409 0 20706 PAMELA HOFMANN DIRECTOR AMBULATORY SVC LINE SURGICAL SVCS 40.00 0.00 X 147563 0 16632 CAROL REGARDIZ DIRECTOR AMBULATORY SVC LINE WOMEN'S & CHILDREN'S 40.00 0.00 X 147422 0 30594 997606 6188826 309104 53 0 1 0 BATSKA CONSULTING GROUP LLC 6 JUDSON AVENUE ARDSLEY NY 10502 PROJECT MANAGEMENT SERVICES 819331 SULLIVAN COTTER & ASSOCIATES INC 62272 COLLECTIONS CENTER DRIVE CHICAGO IL 606930622 QUALITY CONTROL SERVICES 733358 ZOCDOC INC 568 BROADWAY SUITE 201 NEW YORK NY 10012 DOCUMENT STORAGE SERVICES 595910 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 753952121 INFORMATION TECHNOLOGY SERVICES 477190 NEW ERA TECHNOLOGY PO BOX 23807 NEW YORK NY 100873807 DATA NETWORKING SERVICES 361947 7 126871032 5714845 132585877 MANAGEMENT FEE REVENUE 900099 13218974 13218974 PATIENT SERVICE REVENUE 624100 1396168 1396168 14615142 BAD DEBT RECOVERY 900099 2114 2114 2114 147203133 14615142 0 2114 X 1000000 1000000 250914 200795 50119 50585670 40944193 9641477 1723574 1244076 479498 7875296 5621839 2253457 3581604 2585202 996402 4850 1750 3100 42816 42816 24413849 2328874 22084975 1650868 1235473 415395 1021386 476618 544768 14695420 14191121 504299 58317 53439 4878 21087 8972 12115 5873323 5647033 226290 406400 406400 CLINICAL SUPPLIES 19518833 19507298 11535 LAUNDRY AND LINENS 149481 120204 29277 RECRUITMENT 145309 105859 39450 MISCELLANEOUS EXPENSES 109695 30833 78862 106426 81131 25295 133235118 95791110 37444008 0 1043934 67020 119572 4772977 85233 92496 1002067 239008 95867937 50964166 23155055 44903771 122299 48824 75387781 97324320 100915941 147448416 12647 10063782 74872784 97402858 74885431 107466640 X 22903672 37378112 3126838 2603664 26030510 39981776 100915941 147448416 X 13968015 -16749 X X 0 1 X 1 0 X 103278008 103279722 106160618 123725412 132585877 569029637 2212620 3061007 12101486 4862284 14615142 36852539 105490628 106340729 118262104 128587696 147201019 605882176 0 0 0 605882176 14070 2826 12588 114 2114 31712 105504698 106343555 118274692 128587810 147203133 605913888 0.99990 0.99980 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INCOME FROM VALLEY HOSPITAL - OTHER INCOME - 2019 AMOUNT: $ 14,070. 2020 AMOUNT: $ 665. 2021 AMOUNT: $ 11,466. 2022 AMOUNT: $ 14. BAD DEBT RECOVERY - 2020 AMOUNT: $ 2,161. 2021 AMOUNT: $ 1,122. 2022 AMOUNT: $ 100. 2023 AMOUNT: $ 2,114. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51491937 28476093 23015844 30311802 22488073 7823729 14064198 14064198 44903771 OPERATING LEASE RIGHT-OF-USE ASSET 94442012 ASSETS HELD BY RELATED ORGANIZATION 2603664 SECURITY DEPOSITS 278644 97324320 LEASE LIABILITY FOR OPERATING LEASES 97358404 ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS 44454 97402858 X 323413051 189445641 189445641 133967410 13235723 13235723 147203133 309461785 189445641 189445641 120016144 13218974 13218974 133235118 PART X, LINE 2: VMG RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT VMG HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. VMG IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ENTITIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 189,445,641. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEE NETTED AGAINST EXPENSES IN CONSOLIDATED FINANCIAL STATEMENTS 13,218,974. CHANGE IN ASSETS HELD AT FOUNDATION 16,749. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ENTITIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 189,445,641. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEE NETTED AGAINST EXPENSES IN CONSOLIDATED FINANCIAL STATEMENTS 13,218,974. 1 THE VALLEY HOSPITAL FOUNDATION INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222324554 501(C)(3) 1000000 0 GENERAL SUPPORT 1 PART I, LINE 2: THE ORGANIZATION PROVIDED PROGRAM FUNDING TO THE VALLEY HOSPITAL FOUNDATION, INC. THE ORGANIZATION MONITORS THE USE OF THE FUNDS THROUGH COMMON MANAGEMENT. X 1 1 0 1 0 0 0 0 0 1 0 AUDREY MEYERS PRESIDENT & CEO, VHS 0 1349573 0 1039480 0 491348 0 24750 0 27285 0 2932436 0 437682 ROBERT W BRENNER PRESIDENT CLINICAL INTEGRATION/PHYSICIAN ENTER 0 852454 0 366860 0 310519 0 14850 0 15028 0 1559711 0 0 WILLIAM KLUTKOWSKI SR. VP, FINANCE & CFO 0 669565 0 204270 0 205271 0 21450 0 30019 0 1130575 0 0 JULIA KARCHER SR. VP OF VHS/VMG 0 453185 0 126778 0 119523 0 23364 0 22738 0 745588 0 0 LOURDES HIDALGO-GATO EXECUTIVE DIRECTOR, VMG OPERATIONS 196548 0 20232 0 5367 0 7731 0 21036 0 250914 0 0 0 CAROL PERSLEY DIRECTOR AMBULATORY SVC LINE CARDIOLOGY 155106 0 16458 0 4088 0 6135 0 13061 0 194848 0 0 0 CAROL REGARDIZ DIRECTOR AMBULATORY SVC LINE WOMEN'S & CHILDR 131286 0 14354 0 1782 0 5269 0 25325 0 178016 0 0 0 NATASH SINGH SPECIALTY CLINICAL PHARMACY SPECIALIST 150929 0 5484 0 0 0 2160 0 11565 0 170138 0 0 0 NICOLE BURNS SR. EMBRYOLOGIST COORDINATOR 143162 0 4899 0 348 0 3153 0 17553 0 169115 0 0 0 PAMELA HOFMANN DIRECTOR AMBULATORY SVC LINE SURGICAL SVCS 131305 0 14415 0 1843 0 2057 0 14575 0 164195 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED TAX GROSS-UP PAYMENTS TO THE FOLLOWING PERSONS: NICOLE BURNS, $20 CAROL REGARDIZ, $20 THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION TO THE LISTED PERSONS. PART I, LINE 3 VALLEY HEALTH SYSTEM HAS A COMPENSATION PLAN WHICH GOVERNS THE COMPENSATION FOR ALL EXECUTIVES AT ORGANIZATIONS WITHIN THE HEALTH SYSTEM, INCLUDING THE OFFICERS OF THIS ORGANIZATION. THE PLAN WAS DEVELOPED IN CONJUNCTION WITH A CONSULTING FIRM, REVIEWED BY THE PHYSICIAN LEADERSHIP COUNCIL AND APPROVED BY THE BOARD OF TRUSTEES AND THE VALLEY HEALTH SYSTEM PHYSICIAN COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE PLAN IS REVIEWED AND UPDATED AS NEEDED. PART I, LINE 4B AUDREY MEYERS PARTICIPATED IN A CAP-EX (SPLIT-DOLLAR LIFE INSURANCE PLAN). SHE DID NOT RECEIVE A PAYMENT DURING 2023. AUDREY MEYERS AND WILLIAM KLUTKOWSKI PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED DEFERRED COMPENSATION PLAN. AUDREY MEYERS RECEIVED A PAYMENT IN 2023 IN THE AMOUNT OF $437,682 AS REPORTED IN PART II, COLUMN BIII AND COLUMN F. PART I, LINE 7 EMPLOYEES OF THE ORGANIZATION RECEIVED A BOARD-APPROVED DISCRETIONARY BONUS, AWARDED BASED ON PERFORMANCE, AS REPORTED FOR THEM IN PART II, COLUMN B(II). FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS THE VALLEY HOSPITAL, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER RESERVES THE RIGHT TO NOMINATE, ELECT, REMOVE, AND APPROVE THE ELECTION OF THE TRUSTEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B ANY OF THE FOLLOWING ACTIONS REQUIRE THE APPROVAL OF THE SOLE MEMBER: A) SUBJECT TO THE PROVISIONS OF SECTION 2.2 OF THE BYLAWS, TO DETERMINE THE NUMBER OF TRUSTEES ON THE BOARD. B) SUBJECT TO THE PROVISIONS OF SECTION 2.2 OF THE BYLAWS, TO NOMINATE AND ELECT THE TRUSTEES OF THE CORPORATION. C) TO REMOVE ANY OF THE CORPORATION'S TRUSTEES, WITH OR WITHOUT CAUSE, AND TO APPROVE ANY RECOMMENDATION TO REMOVE A TRUSTEE BY THE BOARD D) TO APPROVE THE ELECTION, RE-ELECTION, APPOINTMENT, REAPPOINTMENT AND REMOVAL OF ANY OFFICERS OF THE CORPORATION. E) TO AMEND, REVISE OR RESTATE THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS, AND TO APPROVE ALL AMENDMENTS OR REVISIONS TO THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS THAT MAY BE PROPOSED OR APPROVED BY THE BOARD BEFORE THEY BECOME EFFECTIVE. F) TO ADOPT OR CHANGE THE MISSION, PURPOSE, PHILOSOPHY OR OBJECTIVES OF THE CORPORATION. G) TO CHANGE THE LEGAL STRUCTURE OF THE CORPORATION. H) TO DISSOLVE, DIVIDE, CONVERT OR LIQUIDATE THE CORPORATION, TO CONSOLIDATE OR MERGE THE CORPORATION WITH ANOTHER CORPORATION OR ENTITY, TO SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, TO CAUSE THE CORPORATION TO ACQUIRE SUBSTANTIALLY ALL OF THE ASSETS OF ANOTHER CORPORATION OR ENTITY, AND TO APPROVE ANY OF THE FOREGOING ACTIONS THAT ARE RECOMMENDED BY THE BOARD BEFORE SUCH ACTION BECOMES EFFECTIVE. I) TO APPROVE THE ANNUAL CAPITAL AND OPERATING BUDGETS OF THE CORPORATION AND ANY AMENDMENTS THERETO. J) TO INITIATE AND TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION OR TO IMPLEMENT ANY FINANCING STRATEGY, INCLUDING WITHOUT LIMITATION IN CONNECTION WITH ANY DEBT ISSUANCE, CAPITAL OR OPERATING LEASING TRANSACTIONS, AND TAXABLE AND NONTAXABLE FINANCINGS. K) TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION IN EXCESS OF THOSE THRESHOLDS ESTABLISHED BY THE BOARD, IF SUCH INCURRENCE OF DEBT IS NOT INCLUDED IN THE CORPORATION'S APPROVED BUDGETS, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS. L) TO CAUSE OR DIRECT THE CORPORATION TO PAY, LOAN OR OTHERWISE TRANSFER SUCH FUNDS AS ARE NECESSARY TO PAY ANY OUTSTANDING INDEBTEDNESS OBLIGATIONS, INCLUDING BUT NOT LIMITED TO BORROWINGS, GUARANTIES, NON-RECOURSE INDEBTEDNESS, LEASES, AND DERIVATIVE INSTRUMENTS, CREATED OR APPROVED BY THE CORPORATION. M) TO EXERCISE SUCH OVERSIGHT, INCLUDING INITIATING ACTION OR APPROVING ACTION BY THE CORPORATION, OVER THE MANAGEMENT, POLICIES, DISPOSITION OR ENCUMBRANCE OF ASSETS, INCLUDING REAL OR PERSONAL PROPERTY, OF THE CORPORATION TO CAUSE OR ENSURE COMPLIANCE WITH TERMS AND CONDITIONS OF INDEBTEDNESS OBLIGATIONS AND FINANCIAL RELATIONSHIPS RELATED IN ANY MANNER TO SUCH INDEBTEDNESS. N) TO APPROVE ANY DONATION OR ANY OTHER TRANSFER OF THE CORPORATION'S ASSETS, OTHER THAN TO AN AFFILIATED ENTITY, IN EXCESS OF AN AMOUNT EQUAL TO OR GREATER THAN THE THRESHOLDS ESTABLISHED BY THE BOARD FOR SUCH CORPORATION, UNLESS SPECIFICALLY AUTHORIZED IN THE CORPORATION'S APPROVED BUDGETS. O) TO SELECT AND APPOINT AUDITORS OF THE CORPORATION. P) TO INITIATE AND APPROVE STRATEGIC PLANS AND MISSION STATEMENTS OF THE CORPORATION. Q) TO INITIATE AND APPROVE INVESTMENT POLICIES AND CAPITAL CAMPAIGNS OF THE CORPORATION. R) TO INITIATE AND APPROVE THE FORMATION OF SUBSIDIARIES OF THE CORPORATION. S) TO THE EXTENT NOT EXPRESSLY SET FORTH ABOVE, TO DIRECT OR REQUIRE THE CORPORATION TO TAKE ANY OTHER LAWFUL ACTS OR ACTIONS WITH RESPECT TO THE CORPORATION'S BUSINESS, AFFAIRS, MANAGEMENT, PROPERTIES OR ACTIVITIES THAT THE SOLE MEMBER MAY DIRECT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF VALLEY HEALTH SYSTEM. A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE VALLEY HEALTH SYSTEM HAS A CONFLICT OF INTEREST POLICY WHICH COVERS ALL CONTROLLED ORGANIZATIONS WITHIN THE HEALTH SYSTEM, INCLUDING THIS ORGANIZATION. THE POLICY REQUIRES ALL TRUSTEES, OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT, DISCLOSING ANY POTENTIAL CONFLICTS WHICH MAY EXIST. SUCH PERSONS ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS AS THEY ARISE. CONFLICTS ARE DETERMINED BY THE BOARD OF TRUSTEES OR DELEGATED COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. PERSONS WITH CONFLICTS OF INTEREST MUST NOT PARTICIPATE IN THE DISCUSSION OR VOTE ON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S OFFICERS AND TOP MANAGEMENT ARE COMPENSATED BY A RELATED ENTITY, VALLEY HEALTH SYSTEM. VALLEY HEALTH SYSYTEM'S POLICY MANDATES THAT COMPENSATION FOR ITS OFFICERS AND TOP MANAGEMENT, BE ANNUALLY REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FREE OF ANY MEMBERS WITH CONFLICTS OF INTEREST RELATED THERETO. THE COMMITTEE DETERMINES THAT THE EXECUTIVES ARE BEING PAID AN APPROPRIATE LEVEL OF COMPENSATION BY USING COMPARATIVE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION DECISION ON THE AMOUNT OF COMPENSATION PAID AND TERM IS ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT. THIS PROCESS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G BILLING SERVICE FEES: PROGRAM SERVICE EXPENSES 10,513. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,513. COLLECTION AGENCY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,588. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,588. AGENCY FEES: PROGRAM SERVICE EXPENSES 52,024. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,024. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 1,390,964. MANAGEMENT AND GENERAL EXPENSES 18,135. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,409,099. DICTATION SERVICE: PROGRAM SERVICE EXPENSES 137. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137. CONSULTANTS: PROGRAM SERVICE EXPENSES 47,750. MANAGEMENT AND GENERAL EXPENSES 1,544,626. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,592,376. MEDICAL FEES: PROGRAM SERVICE EXPENSES 115,813. MANAGEMENT AND GENERAL EXPENSES 17,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,063. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 418,457. MANAGEMENT AND GENERAL EXPENSES 140,667. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 559,124. VALLEY HOSPITAL CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,356,184. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,356,184. WASTE SHREDDING SERVICES: PROGRAM SERVICE EXPENSES 40,270. MANAGEMENT AND GENERAL EXPENSES 1,525. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,795. LINENS: PROGRAM SERVICE EXPENSES 252,946. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 252,946. FORM 990, PART XI, LINE 9: CHANGE IN ASSETS HELD BY FOUNDATION -16,749. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE VALLEY HOSPITAL FOUNDATION INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222324554 SOLICITS AND RECEIVES CONTRIBUTIONS FOR THE BENEFIT OF HEALTH SYSTEM NJ 501(C)(3) LINE 7 VALLEY HEALTH SYSTEM INC 0 THE VALLEY HOSPITAL INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 221487307 PROVIDES HEALTHCARE PROGRAMS AND SERVICES TO ALL NJ 501(C)(3) LINE 3 VALLEY HEALTH SYSTEM INC 0 VALLEY HEALTH SYSTEM INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222922016 PROVIDES MANAGEMENT AND PLANNING SERVICES FOR ITS MEMBERS NJ 501(C)(3) LINE 10 N/A 0 VALLEY HOME CARE INC 15 ESSEX ROAD PARAMUS NJ 07652 223208480 PROVIDES HOME CARE AND HOSPICE SERVICES TO RESIDENTS OF NORTHERN NJ NJ 501(C)(3) LINE 10 VALLEY HEALTH SYSTEM INC 0 VALLEY PHYSICIAN SERVICE NY PC 15 ESSEX ROAD PARAMUS NJ 07450 453125678 OPERATES URGENT/PRIMARY CARE CLINICS NY 501(C)(3) LINE 10 VALLEY PHYSICIAN SERVICES INC 1 VALLEY PHYSICIANS SERVICES PC 15 ESSEX ROAD PARAMUS NJ 07652 465285330 PROVIDES PRIMARY AND SPECIALTY MEDICAL CARE NJ 501(C)(3) LINE 10 VALLEY PHYSICIAN SERVICES INC 1 VHS INSURANCE COMPANY LTD 010 MAIN STREET CAYMAN ISLANDS CJ 980408200 PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE CJ VALLEY HEALTH SYSTEM INC C 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 VALLEY PHYSICIAN SERVICES NY PC P 874510 VALLEY PHYSICIANS SERVICES PC Q 21920553 VALLEY PHYSICIAN SERVICES NY PC Q 1392201 VALLEY PHYSICIANS SERVICES PC P 9219169