VALLEY HOSPITAL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- VALLEY HOSPITAL INC (EIN 22-1487307)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201343189349305989
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T15:58:56-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271728945 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ESSEX RD | AddressLine1 |
| City | PARAMUS | City |
| State | NJ | State |
| ZIP Code | 076521412 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221487307 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY HOSPITAL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VALL | NameControl |
| Phone | 2014478000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD KEENAN | Name |
| Title | SENIOR VP & CFO | Title |
| Phone | 2014478000 | Phone |
| Date Signed | 2013-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EDWARD G O'CONNOR | Name |
| PTIN | P00434443 | PTIN |
| Phone | 2017129800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD KEENAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVE | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 764619056 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VALLEYHEALTH.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1925 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4373 | TotalNbrEmployees |
| Total Nbr Volunteers | 1458 | TotalNbrVolunteers |
| Total Gross UBI | 1932166 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -222177 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10345743 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8922277 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 593897928 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 631677243 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8690204 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7820161 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 11197153 | OtherRevenuePriorYear |
| Other Revenue Current Year | 12999020 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 624131028 | TotalRevenuePriorYear |
| Total Revenue Current Year | 661418701 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 302130572 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 315812384 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 242483237 | OtherExpensePriorYear |
| Other Expenses Current Year | 243678347 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 544613809 | TotalExpensesPriorYear |
| Total Expenses Current Year | 559490731 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 79517219 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 101927970 | RevenuesLessExpensesCY |
| Total Assets BOY | 746293899 | TotalAssetsBOY |
| Total Assets EOY | 847144296 | TotalAssetsEOY |
| Total Liabilities BOY | 187990661 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 183984235 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 558303238 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 663160061 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. THE VALLEY HOSPITAL IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE IN CLINICAL CARE, INNOVATION IN PROGRAMS AND TECHNOLOGY, AND PROVIDING A COMPASSIONATE AND RESPECTFUL ENVIRONMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 369350390 | Expense |
| Revenue | 471335669 | Revenue |
| Description | INPATIENT SERVICES:IT IS THE MISSION OF THE VALLEY HOSPITAL TO SERVE THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. VALLEY HAS THREE BUILDINGS ON ITS MAIN CAMPUS. THE HOSPITAL VALLEY SERVES MORE THAN 440,000 PEOPLE IN 32 TOWNS IN BERGEN COUNTY AND ADJOINING COMMUNITIES. IT IS THE SECOND BUSIEST HOSPITAL IN NEW JERSEY BASED ON ADMISSIONS AND A REGIONAL PROVIDER OF COMPLEX MEDICAL AND SURGICAL CARE.IN 2012, MORE THAN 50,000 INDIVIDUALS WERE ADMITTED TO VALLEY. OUR CORE INPATIENT SERVICES INCLUDE:-THE VALLEY HEART AND VASCULAR INSTITUTE, WHICH PROVIDES A CONTINUUM OF PREVENTION AND WELLNESS SERVICES, DIAGNOSTIC AND TREATMENT SERVICES, RESEARCH, AND EDUCATION FOR ALL TYPES OF CARDIAC AND VASCULAR DISEASE.-THE VALLEY COLUMBIA HEART CENTER, OUR CARDIAC SURGERY PROGRAM, AND PART OF THE VALLEY HEART AND VASCULAR INSTITUTE.-A CARDIAC SURGERY INTENSIVE CARE UNIT.-FOUR CRITICAL CARE UNITS.-A CARDIAC CATHETERIZATION LABORATORY.-AN INPATIENT ONCOLOGY UNIT.-THE NEUROSCIENCE CENTER OF EXCELLENCE, WHICH INCLUDES THE STROKE CENTER AS WELL AS PROGRAMS AND SERVICES FOR A WIDE RANGE OF NEUROLOGICAL DISORDERS.-MEDICAL AND SURGICAL FLOORS.-A GERIATRIC SERVICES UNIT.-THE INSTITUTE FOR ROBOTIC AND MINIMALLY INVASIVE SURGERY.-THE TOTAL JOINT REPLACEMENT CENTER.-THE CENTER FOR METABOLIC AND WEIGHT LOSS SURGERY.-THE CENTER FOR CHILDBIRTH, WHICH WELCOMES MORE THAN 3,000 NEWBORNS EACH YEAR, AND INCLUDES A LEVEL III NEONATAL INTENSIVE CARE UNIT NURSERY.-A PEDIATRIC INTENSIVE CARE UNIT.VALLEY HAS BEEN RECOGNIZED FOR 10 CONSECUTIVE YEARS FOR PROVIDING AN OUTSTANDING INPATIENT EXPERIENCE BY J.D. POWER AND ASSOCIATES. THE HOSPITAL'S PATIENT RELATIONS STAFF AND VOLUNTEERS MADE MORE THAN 13,769 PATIENT-RELATED VISITS AND RESPONDED TO MORE THAN 8,477 CALLS; AND PASTORAL CARE STAFF RESPONDED TO OVER 9,000 INQUIRIES AND MADE 83,905 PATIENT AND FAMILY CONTACTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 71868183 | Expense |
| Revenue | 132464967 | Revenue |
| Description | OUTPATIENT SERVICES: THROUGH SATELLITE FACILITIES LOCATED THROUGHOUT ITS SERVICE AREA, THE VALLEY HOSPITAL PROVIDES THE COMMUNITIES IT SERVES WITH A COMPREHENSIVE ARRAY OF OUTPATIENT SERVICES. THOSE SERVICES INCLUDE:-THE BLUMENTHAL CANCER CENTER, OFFERING COMPREHENSIVE OUTPATIENT CANCER SERVICES, INCLUDING CHEMOTHERAPY INFUSION SERVICES AND MORE THAN 14,133 RADIATION THERAPY TREATMENTS ANNUALLY.-THE GAMMA KNIFE CENTER GAVE 60 TREATMENTS.-A FULL-SERVICE LABORATORY.-A DIAGNOSTIC IMAGING CENTER.-THE FERTILITY CENTER.-THE CENTER FOR MATERNAL-FETAL MEDICINE.-A PAIN MANAGEMENT CENTER.-THE BREAST CENTER.-THE UROLOGIC ONCOLOGY CENTER.-INTEGRATIVE HEALING SERVICES, WHICH PROVIDES COMPLEMENTARY MEDICINE, EDUCATIONAL PROGRAMS AND SUPPORT GROUPS.-THE LUNG CANCER CENTER.-REHABILITATION MEDICINE.-THE KIREKER CENTER FOR CHILD DEVELOPMENT.-THE GEORGE R. JAQUA SAME DAY SERVICES CENTER.-THE CENTER FOR SLEEP MEDICINE.-THE PEDIATRIC SLEEP DISORDERS AND APNEA CENTER.-THE SPINE CENTER.-THE CENTER FOR WOMEN'S HEART HEALTH.-THE MEN'S HEART CENTER.IN ADDITION, IN 2012, THE HOSPITAL PROVIDED MORE THAN $69 MILLION IN UNCOMPENSATED CARE, ATTRIBUTABLE TO CHARITY CARE, BAD DEBT AND MEDICARE AND MEDICAID SHORTFALLS. PATIENTS RECEIVING UNCOMPENSATED CARE IN 2012 INCLUDE PATIENTS WHO WERE TREATED AT VALLEY'S COMMUNITY CARE CLINIC. IN 2012, THE CLINIC RECORDED ALMOST 9,050 VISITS. VALLEY'S COMMUNITY CARE CLINIC OFFERS SERVICES IN MANY SPECIALTIES INCLUDING: ALLERGY, CARDIOLOGY, COUMADIN, DERMATOLOGY, OTOLARYNGOLOGY, GASTROENTEROLOGY, GYNECOLOGY, NEUROLOGY, OBSTETRICS, OPHTHALMOLOGY, ORTHOPEDICS, PEDIATRICS, PODIATRY, PULMONARY, RHEUMATOLOGY, SURGICAL AND UROLOGY. ALSO IN 2012, HOMEBOUND COMMUNITY MEMBERS RECEIVED ALMOST $91,000 IN "AT COST" MEALS. VALLEY'S DEPARTMENT OF COMMUNITY HEALTH OFFERS FREE HEART HEALTH EDUCATION PROGRAMS. PROGRAMS INCLUDED: UNDERSTANDING CARDIAC MEDICATIONS, CHOLESTEROL: A HEALTHY HEART, A LOOK AT CARDIAC SURGERY, A WOMAN'S HEART, AORTIC VALVE UPDATES, CHOLESTEROL - THE GOOD, BAD AND UGLY, HEART HEALTH-BENEFITS OF EXERCISE, HEART HEALTHY JEOPARDY, HYPERTENSION, JUST A LITTLE DASH - A RECIPE FOR A HEARTH HEALTHY, METABOLIC SYNDROME, NEW ADVANCES IN THORACIC ANEURYSMS, THE BEAT OF THE HEART, THIS REALLY THINS MY BLOOD, UNDERSTANDING ANEURYSMS, UNDERSTANDING YOUR CARDIAC MEDICATIONS, AND MANY HEALTH FAIRS. HEALTH SCREENINGS FOR BLOOD PRESSURE, BODY FAT, STROKE, DIABETES, CHOLESTEROL AND COLON, AND PROSTATE AND SKIN CANCER SCREENINGS WERE ALSO OFFERED. THE COMMUNITY TRAINING CENTER OFFERS BASIC LIFE SUPPORT, ADVANCED CARDIAC LIFE SUPPORT AND PEDIATRIC ADVANCED LIFE SUPPORT PROGRAMS.COMPREHENSIVE PARENT EDUCATION PROGRAMS ARE OFFERED TO EXPECTANT FAMILIES THROUGH THE FAMILY EDUCATION CENTER. CLASSES, ATTENDED BY ALMOST 5,278 PEOPLE, INCLUDE: CHILDBIRTH PREPARATION, MARVELOUS MULTIPLES, NEWBORN CARE, GRANDPARENTS', SIBLING, INFANT AND CHILD SAFETY, INFANT MASSAGE, BREASTFEEDING, BABY SITTERS, PRE/POSTNATAL YOGA AND HEALTHY EATING FOR BABY AND ME. CLINIC PATIENTS ATTEND FREE OF CHARGE.NEW PARENT SUPPORT SERVICES INCLUDE BREASTFEEDING SUPPORT GROUPS, POSTPARTUM SUPPORT GROUP, A HELPLINE AND LACTATION CONSULTATIONS. WEEKLY TOURS OF MATERNITY SERVICES AND A SELF-HELP SUPPORT GROUP FOR BEREAVED PARENTS ARE OFFERED AT NO CHARGE. THE KIREKER CENTER FOR CHILD DEVELOPMENT PROVIDES FREE IN-SERVICES AND INFORMATION ABOUT LICENSED CHILD CARE FACILITIES AND COMMUNITY GROUPS. TOPICS INCLUDE INFANT/CHILD GROWTH AND DEVELOPMENT; ATYPICAL DEVELOPMENT; ENHANCING LANGUAGE SKILLS IN THE 0-5 POPULATION; DETERMINING IF A CHILD SHOULD BE ASSESSED FOR A SUSPECTED DEVELOPMENTAL DELAY; AND GENERAL PEDIATRIC HEALTH ISSUES. A PARENT SUPPORT GROUP AND FREE INFORMATION IS PROVIDED ON A RANGE OF CHILD CARE TOPICS, INCLUDING DEVELOPMENTALLY APPROPRIATE TOYS, TRANSITIONS INTO PRE-SCHOOL AND CHOICES IN CHILD CARE. A SCHOOL PSYCHOLOGIST, DEVELOPMENTAL PEDIATRICIAN, AND APNEA SPECIALIST SPEAK WITH SCHOOLS AND PHYSICIAN GROUPS ABOUT LEARNING ISSUES AND BEHAVIORAL CONCERNS. VALLEY'S COMMUNITY EDUCATION PROGRAMS MADE MORE THAN 14,801 CONTACTS WITH PEOPLE WHO ATTENDED SCREENINGS, HEALTH FAIRS, COMMUNITY EDUCATION AND VALLEY HEALTH PRIMETIME (SENIOR MEMBERSHIP) PROGRAMS. VALLEY ALSO MADE CONTACT WITH 2,000 PEOPLE WHO ATTENDED SUPPORT GROUPS STROKE, PROSTATE HEALTH, BREAST CANCER, PANCREATIC CANCER, IMPLANTABLE DEFIBRILLATORS, HEART HEALTH, DOWN SYNDROME, STRESS, PARKINSON'S DISEASE, ALZHEIMER'S DISEASE AND WOMEN'S HEALTH.VALLEY SERVES AS AN INFORMATION RESOURCE FOR THE COMMUNITY. IN 2012, THE PHYSICIAN AND REFERRAL SERVICE HANDLED 10,162 TOLL-FREE INQUIRIES FOR PROGRAM/SERVICE AND PHYSICIAN INFORMATION. THE MEDICAL LIBRARY RESPONDED TO 500 INQUIRIES FROM COMMUNITY MEMBERS IN 2012. THE VALLEY WEBSITE PROVIDED FREE HEALTH INFORMATION TO ALMOST 1.3 MILLION VISITORS. PRESS RELEASES ON DISEASE INFORMATION AND INFORMATIVE NEWSLETTERS ABOUT HEALTH ARE DISTRIBUTED REGULARLY TO MEMBERS OF THE COMMUNITY THROUGH DIRECT MAIL PIECES AND NEWSPAPER PLACEMENT. ADDITIONALLY, VALLEY STAFF REGULARLY CONTRIBUTE TO WCBS 880 AM'S HEALTH & WELLBEING REPORT.VALLEY SUPPORTS COMMUNITY GROUPS. IN 2012 VALLEY STAFF MEMBERS SERVED AS MEMBERS OF THE ROTARY, THE CHAMBER OF COMMERCE, THE RIDGEWOOD MUNICIPAL ALLIANCE, BERGEN COUNTY COLLABORATIVE, AND THE VILLAGE'S HUMAN RESOURCES COORDINATING COUNCIL. VALLEY PROVIDES FINANCIAL CONTRIBUTIONS TO LOCAL ORGANIZATIONS FOR DIABETES, CANCER, MENTAL HEALTH, DOMESTIC VIOLENCE AND MINORITY NEEDS. VALLEY HOSPITAL SUPPORTS THE COMMUNITY THROUGH EMERGENCY MANAGEMENT AND DISASTER PREPARATION. HOSPITAL REPRESENTATIVES SERVE ON TOWN, COUNTY, AND STATE-WIDE EMERGENCY MANAGEMENT COMMITTEES AND EXECUTIVE LEVEL COMMITTEES FOR COUNTER-TERRORISM EFFORTS AND DISASTER PREPAREDNESS. THE VALLEY HOSPITAL OPERATES AND MAINTAINS BERGEN COUNTY'S MOBILE AMBULANCE BUS FOR EMERGENCY EVACUATIONS AND MEDICAL ATTENTION.VALLEY HAS ESTABLISHED AFFILIATIONS WITH A NUMBER OF EDUCATIONAL INSTITUTIONS TO HELP EDUCATE AND TRAIN THE NEXT GENERATION OF NURSES AND OTHER HEALTHCARE PROVIDERS. IN 2012 VALLEY WAS AFFILIATED WITH: BERGEN COMMUNITY COLLEGE, BLOOMFIELD COLLEGE, COLLEGE OF ST. ELIZABETH, COLUMBIA SCHOOL OF NURSING, COLUMBIA UNIVERSITY COLLEGE OF PHYSICIAN, EASTWICK COLLEGE, KEAN UNIVERSITY, DOMINICAN COLLEGE, FAIRLEIGH DICKINSON UNIVERSITY, FELICIAN COLLEGE, LIBERTY UNIVERSITY, MONTCLAIR STATE UNIVERSITY, MOUNT SAINT MARY COLLEGE, NYU COLLEGE OF NURSING, PASSAIC COMMUNITY COLLEGE, QUINNIPIAC UNIVERSITY, RAMAPO COLLEGE, RUTGERS COLLEGE OF NURSING, SETON HALL UNIVERSITY, ST. PETER'S COLLEGE, ST. JOHN'S UNIVERSITY, UMDNJ, WALDEN UNIVERSITY, AND WILLIAM PATERSON UNIVERSITY.THE PHYSICIAN SHADOWING AND PA SHADOWING PROGRAMS ARE VOLUNTEER ROLES DESIGNED TO PROVIDE COLLEGE STUDENTS WITH A MEDICAL OR HEALTHCARE CAREER FOCUS AN OPPORTUNITY FOR ADVANCED EXPOSURE TO A VAST ARRAY OF CAREER OPPORTUNITIES WITHIN VALLEY HEALTH SYSTEM. IN 2012, 81 STUDENTS PARTICIPATED. ADDITIONALLY, 193 COLLEGE STUDENTS PARTICIPATED IN CAREER DEVELOPMENT PROGRAMS. THESE ASSIGNMENTS PERMIT STUDENTS TO EXPLORE THEIR AREA OF INTEREST BY SHADOWING HEALTHCARE PROFESSIONALS, LEARNING ABOUT THE OPERATION OF A HEALTHCARE ENVIRONMENT, GAINING AN UNDERSTANDING OF THE NEEDS OF PATIENTS AND FAMILIES, ASSISTING STAFF AND WORKING ON ASSIGNED PROJECTS.IN 2012 VALLEY ALSO PROVIDED AREA YOUTH IN THE COMMUNITIES SERVED WITH EDUCATIONAL OPPORTUNITIES. THROUGH THE AWARD-WINNING RIDGEWOOD ACADEMY FOR HEALTH PROFESSIONS, THE BERGEN ACADEMIES AND CAREER FRONTIERS, STUDENTS ARE INTRODUCED AND LEARN ABOUT THE DIVERSE OPPORTUNITIES IN HEALTH CARE. ADDITIONALLY, VALLEY STAFF MEMBERS SPEAK AT AREA SCHOOLS ABOUT THEIR PROFESSIONS AND PROVIDE TOURS TO STUDENTS THROUGHOUT THE YEAR. VALLEY IS CURRENTLY CONDUCTING ONCOLOGY CLINICAL TRIALS TO EVALUATE THE SAFETY AND EFFECTIVENESS OF NEW TREATMENTS, MEDICATIONS, DEVICES, AND PROTOCOLS IN MANY TYPES OF CANCER, INCLUDING LUNG, PROSTATE, BREAST, GYNECOLOGIC, ESOPHAGEAL, PANCREATIC, LIVER, NEUROLOGIC AND COLON. VALLEY WORKS TO REDUCE ENVIRONMENTAL HAZARDS. THE VALLEY HOSPITAL HAS SIGNED ON TO SUPPORT THE HEALTHIER HOSPITALS INITIATIVE. AN ALL-VOLUNTEER TASK FORCE OF 25 VALLEY EMPLOYEES OVERSEES ENVIRONMENTAL EFFORTS AT ALL VALLEY FACILITIES. VALLEY PURCHASES PRODUCE FROM LOCAL FARMERS. VALLEY HAS AN INNOVATIVE ORGANIC FOOD WASTE SYSTEM THAT CONVERTS FOOD WASTE INTO WATER. THIS POSITIVE ENVIRONMENTAL IMPACT HAS NO HARMFUL METHANE EMISSIONS AND THE FOOD WASTE IS DIVERTED FROM LANDFILLS. IN 2012, WE PULLED 48 TONS OF FOOD WASTE OUT OF THE MUNICIPAL WASTE SYSTEM. ADDITIONALLY, WE RECYCLED 300 TONS OF MATERIALS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 21469070 | Expense |
| Revenue | 41512475 | Revenue |
| Description | EMERGENCY SERVICES:THE VALLEY HOSPITAL OFFERS THE COMMUNITIES IT SERVES A FULL-SERVICE EMERGENCY DEPARTMENT PROVIDING EMERGENCY SERVICES AND MINOR TREATMENT SERVICES. ALL PHYSICIANS ON THE ACTIVE STAFF ARE BOARD CERTIFIED IN EMERGENCY MEDICINE, AND MANY NURSES ARE CERTIFIED IN EMERGENCY NURSING. SERVICES INCLUDE A MINOR TREATMENT AREA AND A PEDIATRIC EMERGENCY ROOM THAT FEATURES A CHILD-FRIENDLY LAYOUT AND DESIGN. THE DEPARTMENT ALSO HAS A DEDICATED COMPUTED TOMOGRAPHY SCANNER.VALLEY'S EMERGENCY DEPARTMENT ALSO FEATURES THE SERVICES OF SEVERAL MOBILE INTENSIVE CARE UNITS, WHICH ANSWER THOUSANDS OF CALLS EACH YEAR. MOBILE INTENSIVE CARE UNITS, STAFFED BY QUALIFIED VALLEY PARAMEDICS, ARE SPECIALLY EQUIPPED VEHICLES THAT BRING THE HIGHLY SOPHISTICATED TECHNIQUES OF INTRAVENOUS THERAPY, AIRWAY MANAGEMENT, CARDIAC MONITORING AND DEFIBRILLATION DIRECTLY TO PEOPLE IN NEED OF EMERGENCY CARE.VALLEY ALSO OFFERS LIFELINE, A COMMUNICATION DEVICE THAT LINKS A HOMEBOUND INDIVIDUAL WITH EMERGENCY CARE OR PERSONAL SUPPORT WITH THE PUSH OF A BUTTON, 24 HOURS A DAY, 365 DAYS A YEAR.IN 2012, THE VALLEY HOSPITAL RECORDED ALMOST 76,812 EMERGENCY DEPARTMENT VISITS AND 8,975 MOBILE INTENSIVE CARE UNIT AND 6,884 SPECIALTY CARE TRANSPORT UNIT DISPATCHES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 462687643 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 1 | Hospital |
| Financial Stmt Attached | 1 | FinancialStmtAttached |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 442 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 4373 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD D KEENAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2014478000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|---|
| ANNE GOHEEN CRANE | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| AUDREY MEYERS | ||||||||||
| PRESIDENT/CEO | 39.50 | X | 1739839 | 0 | 445273 | 0.50 | X | |||
| BRUCE J MACTAS | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| CYNTHIA J HALABY | ||||||||||
| TRUSTEE (LEFT 5/12) | 3.00 | X | 0 | 0 | 0 | |||||
| JOHN W ALBOHM ESQ | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| JOSEPH MARION | ||||||||||
| TREASURER | 3.00 | X | 0 | 0 | 0 | |||||
| JUSTICE GARY STEIN | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| KAY YEOMANS | ||||||||||
| SECRETARY | 3.00 | X | 0 | 0 | 0 | |||||
| EDWARD B SELF MD | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| ROBERT E FINK | ||||||||||
| VICE CHAIRMAN | 3.00 | X | 0 | 0 | 0 | |||||
| RUTH SCHULZE MD | ||||||||||
| TRUSTEE (LEFT 6/12) | 3.00 | X | 0 | 0 | 0 | |||||
| NANCY DAVIDSON | ||||||||||
| TRUSTEE (LEFT 6/12) | 3.00 | X | 0 | 0 | 0 | |||||
| MICHAEL RAHMIN MD | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| VICTORIA H BRUNI ESQ | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| VINCENT FORLENZA | ||||||||||
| CHAIRMAN | 3.00 | X | 0 | 0 | 0 | |||||
| WARREN F COOKE ESQ | ||||||||||
| VICE CHAIRMAN | 3.00 | X | 0 | 0 | 0 | |||||
| JAMES CORNELLPHDMD | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| LESLIE KANE | ||||||||||
| TRUSTEE (LEFT 1/12) | 3.00 | X | 0 | 0 | 0 | |||||
| STEVEN SILVERSTEIN | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| GEORGE BECKER | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| FRANK SHEEHY | ||||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||||
| RICHARD D KEENAN | ||||||||||
| VP FINANCE, SR. CFO | 39.50 | 334601 | 0 | 1043054 | 0.50 | X | ||||
| ERIC CAREY | ||||||||||
| CP/CIO INFORMATION SYSTEM | 40.00 | 345365 | 0 | 42738 | X | |||||
| MEGAN FRASER | ||||||||||
| CP COMMUNICATIONS/MARKETIN | 40.00 | 304302 | 0 | 48200 | X | |||||
| RUSSELL SHOWERS | ||||||||||
| VP, HUMAN RESOURCES | 40.00 | 337852 | 0 | 31899 | X | |||||
| ANN MARIE LEICHMAN | ||||||||||
| CP/CNO PATIENT CARE SERVIC | 40.00 | 393224 | 0 | 44481 | X | |||||
| ANASTASIOS KOZAITIS | ||||||||||
| PRESIDENT, FOUNDATION | 40.00 | 328220 | 0 | 39429 | X | |||||
| ROBIN G HOLLANDER | ||||||||||
| VP LEGAL AFFAIRS | 40.00 | 568706 | 0 | 150302 | X | |||||
| PETER W DIESTEL | ||||||||||
| VP ADMINISTRATION | 40.00 | 896641 | 0 | 58269 | X | |||||
| MITCHELL RUBINSTEIN | ||||||||||
| VP MEDICAL AFFAIRS | 40.00 | 488297 | 0 | 112262 | X | |||||
| MARIA MEDIAGO | ||||||||||
| VICE PRESIDENT | 40.00 | 419106 | 0 | 44720 | X | |||||
| GAIL CALLANDRILLO | ||||||||||
| VICE PRESIDENT | 40.00 | 319082 | 0 | 140701 | X | |||||
| LINDA LEWIS | ||||||||||
| FORMER KEY EMPLOYEE | 0.00 | 141005 | 0 | 0 | X | |||||
| PETER SCHWARTZ | ||||||||||
| FORMER KEY EMPLOYEE | 0.00 | 455664 | 0 | 0 | X | |||||
| JEFFREY LIETO | ||||||||||
| FORMER HIGHEST COMPENSATED EMPLOYEE | 0.00 | 321170 | 0 | 0 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 7393074 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 2201328 | TotalOtherCompensation |
| Number Individuals GT100 K | 625 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BERGEN ANESTHESIA GROUP PC | |||||
| 500 WEST MAIN STREET SUITE 16 | WYCKOFF | NJ | 07481 | ANESTHESIA | 6339940 |
| TORCON INC | |||||
| 8 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | GENERAL CONTRACTOR | 5214535 |
| COLUMBIA UNIVERSITY DEPT OF SURGERY | |||||
| 21 AUDUBON AVENUE | NEW YORK | NY | 10032 | MEDICAL/SURGICAL | 2938647 |
| EXECUTIVE HEALTH RESOURCES | |||||
| PO BOX 822688 | PHILADELPHIA | PA | 19182 | EHR COMPLIANCE | 1763604 |
| NYU FERTILITY CENTER | |||||
| 660 FIRST AVENUE 5TH FLOOR | NEW YORK | NY | 10016 | FERTILITY CENTER | 1604695 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 106 | NumberOfContractorsGT100K |
| Related Organizations | 7119660 | RelatedOrganizations |
| Government Grants | 1802617 | GovernmentGrants |
| Total Contributions | 8922277 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INSURERS AND PATIENTS | 621990 | 416906980 | 416906980 |
| MEDICARE/MEDICAID PAYMENTS | 621990 | 214770263 | 214770263 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 631677243 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9148691 | TotalRevenueColumn |
| Exclusion | $9,148,691 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1029872 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3598886 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -2569014 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2569014 | TotalRevenueColumn |
| Exclusion | -$2,569,014 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 98191939 | Securities |
| Other | 81000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 99589162 | Securities |
| Other | 12307 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1397223 | Securities |
| Other | 68693 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1328530 | TotalRevenueColumn |
| Exclusion | -$1,328,530 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| OTHER | 621990 | 5776712 | 5776712 | |
| VALLEY HEALTH PHARMACY | 621990 | 2532829 | 600663 | 1932166 |
| FOOD SERVICES | 621990 | 1990438 | 1990438 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5268055 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5268055 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 15568034 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 661418701 | TotalRevenueColumn |
| Related Or Exempt Function Income | 645313111 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1932166 | UnrelatedBusinessRevenue |
| Exclusion | $5,251,147 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5203439 | Total |
| Program Services | 1426954 | ProgramServices |
| Management And General | 3776485 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243347657 | Total |
| Program Services | 209657484 | ProgramServices |
| Management And General | 33690173 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23075105 | Total |
| Program Services | 19597687 | ProgramServices |
| Management And General | 3477418 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26336772 | Total |
| Program Services | 22367820 | ProgramServices |
| Management And General | 3968952 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17849411 | Total |
| Program Services | 15159505 | ProgramServices |
| Management And General | 2689906 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 865519 | Total |
| Management And General | 865519 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219708 | Total |
| Management And General | 219708 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22156831 | Total |
| Program Services | 13356086 | ProgramServices |
| Management And General | 8800745 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3268598 | Total |
| Program Services | 29487 | ProgramServices |
| Management And General | 3239111 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25919861 | Total |
| Program Services | 14559575 | ProgramServices |
| Management And General | 11360286 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12378916 | Total |
| Program Services | 2910310 | ProgramServices |
| Management And General | 9468606 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 659234 | Total |
| Program Services | 530723 | ProgramServices |
| Management And General | 128511 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12099453 | Total |
| Program Services | 11249190 | ProgramServices |
| Management And General | 850263 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31670288 | Total |
| Program Services | 31670288 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SUPPLIES | 78771094 | 64503689 | 14267405 |
| PROVISION FOR BAD DEBT | 25035790 | 25035790 | |
| DRUGS | 24301815 | 24301815 | |
| BLOOD | 3902784 | 3902784 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2428456 | Total |
| Program Services | 2428456 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 559490731 | Total |
| Program Services | 462687643 | ProgramServices |
| Management And General | 96803088 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4746546 | BOY |
| EOY | 6099799 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54698892 | BOY |
| EOY | 58686251 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23391492 | BOY |
| EOY | 25155105 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 667947453 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 448811149 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206034233 | BOY |
| EOY | 219136304 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368779737 | BOY |
| EOY | 440524065 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5707681 | BOY |
| EOY | 6231817 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82935318 | BOY |
| EOY | 91310955 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 746293899 | BOY |
| EOY | 847144296 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68995682 | BOY |
| EOY | 67262110 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118994979 | BOY |
| EOY | 116722125 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187990661 | BOY |
| EOY | 183984235 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 551870971 | BOY |
| EOY | 656702609 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2002940 | BOY |
| EOY | 2028125 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4429327 | BOY |
| EOY | 4429327 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558303238 | BOY |
| EOY | 663160061 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 746293899 | BOY |
| EOY | 847144296 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 101927970 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 10341285 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -7412432 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital170b1 Aiii | X | Hospital170b1Aiii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4429327 | BeginningOfYearBalance |
| End Of Year Balance | 4429327 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4429327 | BeginningOfYearBalance |
| End Of Year Balance | 4429327 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4429327 | BeginningOfYearBalance |
| End Of Year Balance | 4429327 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4429327 | BeginningOfYearBalance |
| End Of Year Balance | 4429327 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4429327 | BeginningOfYearBalance |
| End Of Year Balance | 4429327 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17050368 | OtherCostOrOtherBasis |
| Book Value | 17050368 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 358979291 | OtherCostOrOtherBasis |
| Depreciation | 217905953 | Depreciation |
| Book Value | 141073338 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 272360934 | OtherCostOrOtherBasis |
| Depreciation | 219655005 | Depreciation |
| Book Value | 52705929 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19556860 | OtherCostOrOtherBasis |
| Depreciation | 11250191 | Depreciation |
| Book Value | 8306669 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 219136304 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS HELD BY RELATED ORGANIZATION | 29243683 |
| OTHER ASSETS | 62067272 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 91310955 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| AMOUNT DUE TO THIRD PARTY PAYERS AND OTHER LIABILITIES | $59,440,170 |
| ACCURED PENSION LIABILITY | $36,583,464 |
| ESTIMATED PROFESSIONAL MEDICAL LIABILITY | $20,698,491 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 116722125 | TotalOfAmounts |
Schedule H IRS990ScheduleH
| Field | Value | IRS element (for citing) |
|---|---|---|
| Charity Care Policy | 1 | CharityCarePolicy |
| Written Policy | 1 | WrittenPolicy |
| FPG Reference Free Care | 1 | FPGReferenceFreeCare |
| Pcent200 | X | Pcent200 |
| FPG Reference Discounted Care | 1 | FPGReferenceDiscountedCare |
Discounted Other DiscountedOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | X | Other |
| Discounted Other Percentage | 500.000000000000 | DiscountedOtherPercentage |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Free Disc Care Medically Indigent | 1 | FreeDiscCareMedicallyIndigent |
| Amounts Budgeted For Charity Care | 1 | AmountsBudgetedForCharityCare |
| Expenses Exceeded Budget | 0 | ExpensesExceededBudget |
| Annual Community Benefit Report | 1 | AnnualCommunityBenefitReport |
| Report Publically Available | 1 | ReportPublicallyAvailable |
Charity Care At Cost CharityCareAtCost
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 11300000 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 637000 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 10663000 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.01910 | PercentOfTotalExpense |
Unreimbursed Medicaid UnreimbursedMedicaid
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 2207789 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 1106700 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 1101089 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00200 | PercentOfTotalExpense |
Total Charity Care TotalCharityCare
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 13507789 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 1743700 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 11764089 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.02110 | PercentOfTotalExpense |
Community Health Services CommunityHealthServices
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 1749030 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 397778 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 1351252 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00240 | PercentOfTotalExpense |
Health Professions Education HealthProfessionsEducation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 1889379 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 506481 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 1382898 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00250 | PercentOfTotalExpense |
Subsidized Health Services SubsidizedHealthServices
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 1397949 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 1397949 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00250 | PercentOfTotalExpense |
Research Research
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 3550917 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 615000 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 2935917 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00520 | PercentOfTotalExpense |
Cash And In Kind Contributions CashAndInKindContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 359773 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 359773 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00060 | PercentOfTotalExpense |
Total Other Benefits TotalOtherBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 8947048 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 1519259 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 7427789 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.01320 | PercentOfTotalExpense |
Total Community Benefits TotalCommunityBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 22454837 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 3262959 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 19191878 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.03430 | PercentOfTotalExpense |
Economic Development EconomicDevelopment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 5000 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 5000 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00000 | PercentOfTotalExpense |
Community Support CommunitySupport
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 231475 | TotalCommunityBuildingExpense |
| Direct Offsetting Revenue | 126994 | DirectOffsettingRevenue |
| Net Community Building Expense | 104481 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00020 | PercentOfTotalExpense |
Environmental Improvements EnvironmentalImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 16000 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 16000 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00000 | PercentOfTotalExpense |
Workforce Development WorkforceDevelopment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 474894 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 474894 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00080 | PercentOfTotalExpense |
Total Total
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 727369 | TotalCommunityBuildingExpense |
| Direct Offsetting Revenue | 126994 | DirectOffsettingRevenue |
| Net Community Building Expense | 600375 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00100 | PercentOfTotalExpense |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bad Debt Expense Reported | 0 | BadDebtExpenseReported |
| Bad Debt Expense | $6,566,943 | BadDebtExpenseAmount |
| Amount Attributable To | 3874496 | AmountAttributableTo |
| Amount Reimbursed By Medicare | 194437002 | AmountReimbursedByMedicare |
| Cost Of Care Reimbursed By Medicare | 243626251 | CostOfCareReimbursedByMedicare |
| Medicare Surplus Or Shortfall | -49189249 | MedicareSurplusOrShortfall |
Costing Methodology Used CostingMethodologyUsed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost To Charge Ratio | X | CostToChargeRatio |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Debt Collection Policy | 1 | WrittenDebtCollectionPolicy |
| Provision For Charity Care | 1 | ProvisionForCharityCare |
| Number Of Hospital Facilities | 1 | NumberOfHospitalFacilities |
Form990 Schedule H Part V Section A Form990ScheduleHPartVSectionA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Facility Number | 1 | FacilityNumber |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY HOSPITAL | BusinessNameLine1 |
Address Address
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1 |
| City | RIDGEWOOD | City |
| State | NJ | State |
| ZIP Code | 07450 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed Hospital | X | LicensedHospital |
| General Medical And Surgical | X | GeneralMedicalAndSurgical |
| Er24 Hours | X | Er24Hours |
Form990 Schedule H Part V Section B Form990ScheduleHPartVSectionB
Hospital Facility Name HospitalFacilityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY HOSPITAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital Facility Number | 1 | HospitalFacilityNumber |
| Eligibility Criteria Explained | 1 | EligibilityCriteriaExplained |
| Uses FPG Free | 1 | UsesFPGFree |
| FPG Free Percent | 200.000000000000 | FPGFreePercent |
| Uses FPG Discounted | 1 | UsesFPGDiscounted |
| FPG Discount Percent | 500.000000000000 | FPGDiscountPercent |
| Explains Basis | 1 | ExplainsBasis |
| Income Level | X | IncomeLevel |
| Uninsured Discount | X | UninsuredDiscount |
| Medicaid Medicare | X | MedicaidMedicare |
| State Regulation | X | StateRegulation |
| Explains Application Method | 1 | ExplainsApplicationMethod |
| Includes Publicity Measures | 1 | IncludesPublicityMeasures |
| Posted On Website | X | PostedOnWebsite |
| Posted In Emergency Room | X | PostedInEmergencyRoom |
| Posted In Admission Office | X | PostedInAdmissionOffice |
| Available On Request | X | AvailableOnRequest |
| Actions On Nonpayment | 1 | ActionsOnNonpayment |
| Permit Lawsuit | X | PermitLawsuit |
| Collection Activities | 1 | CollectionActivities |
| Lawsuit | X | Lawsuit |
| Notified All Patients | X | NotifiedAllPatients |
| Nondiscrim Emergency Care Policy | 1 | NondiscrimEmergencyCarePolicy |
| Medicare Rate | X | MedicareRate |
| Amounts Generally Billed | 0 | AmountsGenerallyBilled |
| Gross Charges | 0 | GrossCharges |
Form990 Schedule H Part VI Form990ScheduleHPartVI (11 entries)
| ExplanationExplanation |
|---|
| PART I, LINE 6A: THE HOSPITAL PREPARES AN ANNUAL COMMUNITY BENEFIT REPORT WHICH IS MAILED TO OUR SERVICE AREA. COMMUNITY BENEFIT STATISTICS ARE ALSO REPORTED AT OUR ANNUAL MEETING, WHICH IS OPEN TO THE PUBLIC. |
| PART I, LINE 7: THE COST TO CHARGE RATIO USED TO CALCULATE THE AMOUNTS IN THE TABLE WAS DERIVED FROM WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES. |
| PART I, LINE 7G: THERE ARE NO SUBSIDIZED HEALTH SERVICES WHICH ARE ATTRIBUTABLE TO A PHYSICIAN CLINIC. COSTS INCLUDED REPRESENT MEDICATION AND TRANSPORTATION FOR INDIGENT PATIENTS. |
| PART II: SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS |
| PART III, LINE 4: THE AMOUNT OF THE PROVISION FOR BAD DEBT IS BASED UPON MANAGEMENT'S ASSESSMENT OF HISTORICAL AND EXPECTED NET COLLECTIONS, BUSINESS AND ECONOMIC CONDITIONS, TRENDS IN HEALTH CARE COVERAGE AND OTHER COLLECTION INDICATORS. THE METHODOLOGY USED IS THE COST TO CHARGE RATIO, APPLIED ON A BASIS CONSISTENT WITH MEDICARE COST REPORTING PRINCIPLES. |
| PART III, LINE 8: IN ADDITION TO CHARITY CARE, BAD DEBT, AND THE TREATMENT OF FINANCIALLY NEEDY PATIENTS UNDER THE MEDICAID PROGRAM, THE HOSPITAL PROVIDES SERVICES TO ELDERLY AND DISABLED PATIENTS COVERED UNDER THE MEDICARE PROGRAM REGARDLESS OF INCOME. THE UNPAID COSTS ATTRIBUTED TO PROVIDING CARE UNDER THIS PROGRAM, AND THUS CONSIDERED A COMMUNITY BENEFIT, WERE ESTIMATED AT $49.2 MILLION. |
| PART III, LINE 9B: WHEN A PATIENT MAY QUALIFY FOR CHARITY CARE OR FINANCIAL ASSISTANCE, OUR SYSTEM IS SET UP TO STOP SENDING STATEMENTS TO PREVENT THEM FROM GOING TO A COLLECTION AGENCY. WE ALSO HAVE THE ABILITY TO MANUALLY PUT AN ACCOUNT ON HOLD TO AVOID COLLECTION ACTIVITY AS WELL. |
| PART VI, LINE 2: HOSPITAL STAFF REVIEWS ALL THE DISCHARGE DATA FROM THE STATE DOHSS TO DETERMINE WHAT THE MAJOR HEALTH ISSUES ARE IN THE COMMUNITY. WE LOOK AT DISEASE SPECIFIC INCIDENCE RATES IN OUR COMMUNITY AND DEVELOP FORECASTS FOR WHAT HEALTH ISSUES ARE PROJECTED TO PLAGUE THE POPULATION IN THE FUTURE. WE REVIEW CENSUS DATA TO MONITOR DEMOGRAPHIC SHIFTS AND WE CONDUCT QUALITATIVE RESEARCH (FOCUS GROUPS) TO ASSESS COMMUNITY FEEDBACK TO NEW PROGRAMS AND SERVICES. WE DEVELOP OUR CORE SERVICES AROUND THE MAJOR HEALTH ISSUES IN THE COMMUNITY - THUS, THEY ARE MOSTLY IN THE AREA OF HEART AND VASCULAR DISEASE, ONCOLOGY (MEDICAL AND SURGICAL), NEUROLOGY (STROKE) AND WOMEN'S AND CHILDREN'S SERVICES (OB, NICU, PICU, MFM AND IVF). |
| PART VI, LINE 3: SIGNS ARE POSTED AT EVERY REGISTRATION AREA. INFORMATION REGARDING FINANCIAL SCREENING IS POSTED ON THE HOSPITAL'S WEBSITE FOR CHARITY CARE AS WELL AS THE UNINSURED DISCOUNT POLICY. PATIENTS CAN PRINT APPLICATIONS AND REQUIREMENTS FROM THE WEBSITE. THE HOSPITAL'S STATEMENTS CONTAIN INFORMATION ALERTING PATIENTS OF FINANCIAL ASSISTANCE. THE HOSPITAL'S HANDBOOKS EXPLAIN FINANCIAL OPTIONS WHICH INCLUDE INFORMATION OF STATE ASSISTANCE, DISCOUNT POLICY AND ANY OTHER TYPE OF FINANCIAL ARRANGEMENT. |
| PART VI, LINE 4: THE PRIMARY AND SECONDARY SERVICE AREA OF THE VALLEY HOSPITAL IS COMPOSED OF 32 TOWNS IN NORTHWEST BERGEN AND PASSAIC COUNTIES. THESE COMMUNITIES ACCOUNT FOR 70% OF ALL OUR DISCHARGES. THE POPULATION IS 440,000 PEOPLE. |
| PART VI, LINE 5: RENEWAL, WHICH IS BEING EVALUATED, IS ALL ABOUT MEETING THE HEALTH CARE NEEDS OF OUR COMMUNITY. THE OLDEST BUILDING ON THE CAMPUS, PHILLIPS, WAS CONSTRUCTED IN 1960. IT HOUSES OVER 250 BEDS, MOST OF WHICH ARE IN SMALL, OUTDATED, SEMI-PRIVATE ROOMS. THE PHYSICAL STRUCTURE CAN NO LONGER ACCOMMODATE THE EQUIPMENT AND TECHNOLOGY NEEDED TO DELIVER CARE, THUS OUR PLANS TO RENEW OUR CAMPUS ARE BASED IN OUR MISSION TO PROVIDE THE BEST QUALITY CARE TO THE RESIDENTS OF OUR COMMUNITY. WHEN WE BUILT THE LUCKOW PAVILION IN PARAMUS, WE DID RESEARCH THAT INDICATED THE BEST WAY TO DELIVER CARE TO CANCER PATIENTS WAS TO LOCATE ALL SERVICES INTO ONE BUILDING. THIS NOT ONLY PROVIDES A SERVICE TO THE PATIENT, IT IS GOOD MEDICINE AS THE MEDICAL ONCOLOGISTS, SURGICAL ONCOLOGISTS AND RADIATION ONCOLOGISTS CAN CONSULT EACH OTHER TO ENSURE THAT THE PATIENT IS RECEIVING THE MOST APPROPRIATE TREATMENT. WE BUILT THE AMBULATORY SURGERY CENTER TO ADAPT TO THE CHANGING PRACTICE OF PERFORMING SURGERY ON A SAME DAY BASIS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AUDREY MEYERS | ||||||||||||||
| PRESIDENT/CEO | 464337 | 0 | 841322 | 0 | 434180 | 0 | 426129 | 0 | 19144 | 0 | 2185112 | 0 | 372300 | 0 |
| RICHARD D KEENAN | ||||||||||||||
| VP FINANCE, SR. CFO | 275294 | 0 | 0 | 0 | 59307 | 0 | 1023059 | 0 | 19995 | 0 | 1377655 | 0 | 0 | 0 |
| ERIC CAREY | ||||||||||||||
| CP/CIO INFORMATION SYSTEM | 254306 | 0 | 79637 | 0 | 11422 | 0 | 20469 | 0 | 22269 | 0 | 388103 | 0 | 0 | 0 |
| MEGAN FRASER | ||||||||||||||
| CP COMMUNICATIONS/MARKETIN | 213823 | 0 | 74168 | 0 | 16311 | 0 | 21588 | 0 | 26612 | 0 | 352502 | 0 | 0 | 0 |
| RUSSELL SHOWERS | ||||||||||||||
| VP, HUMAN RESOURCES | 244290 | 0 | 78757 | 0 | 14805 | 0 | 24456 | 0 | 7443 | 0 | 369751 | 0 | 0 | 0 |
| ANN MARIE LEICHMAN | ||||||||||||||
| CP/CNO PATIENT CARE SERVIC | 265833 | 0 | 97414 | 0 | 29977 | 0 | 26303 | 0 | 18178 | 0 | 437705 | 0 | 0 | 0 |
| ANASTASIOS KOZAITIS | ||||||||||||||
| PRESIDENT, FOUNDATION | 227474 | 0 | 88660 | 0 | 12086 | 0 | 15317 | 0 | 24112 | 0 | 367649 | 0 | 0 | 0 |
| ROBIN G HOLLANDER | ||||||||||||||
| VP LEGAL AFFAIRS | 330832 | 0 | 219230 | 0 | 18644 | 0 | 123190 | 0 | 27112 | 0 | 719008 | 0 | 0 | 0 |
| PETER W DIESTEL | ||||||||||||||
| VP ADMINISTRATION | 467067 | 0 | 408736 | 0 | 20838 | 0 | 33000 | 0 | 25269 | 0 | 954910 | 0 | 25536 | 0 |
| MITCHELL RUBINSTEIN | ||||||||||||||
| VP MEDICAL AFFAIRS | 331756 | 0 | 136928 | 0 | 19613 | 0 | 87576 | 0 | 24686 | 0 | 600559 | 0 | 0 | 0 |
| MARIA MEDIAGO | ||||||||||||||
| VICE PRESIDENT | 255749 | 0 | 117055 | 0 | 46302 | 0 | 25076 | 0 | 19644 | 0 | 463826 | 0 | 0 | 0 |
| GAIL CALLANDRILLO | ||||||||||||||
| VICE PRESIDENT | 177873 | 0 | 124540 | 0 | 16669 | 0 | 113589 | 0 | 27112 | 0 | 459783 | 0 | 0 | 0 |
| LINDA LEWIS | ||||||||||||||
| FORMER KEY EMPLOYEE | 0 | 0 | 0 | 0 | 141005 | 0 | 0 | 0 | 0 | 0 | 141005 | 0 | 141005 | 0 |
| PETER SCHWARTZ | ||||||||||||||
| FORMER KEY EMPLOYEE | 0 | 0 | 0 | 0 | 455664 | 0 | 0 | 0 | 0 | 0 | 455664 | 0 | 455664 | 0 |
| JEFFREY LIETO | ||||||||||||||
| FORMER HIGHEST COMPENSATED EMPLOYEE | 0 | 0 | 31156 | 0 | 290014 | 0 | 0 | 0 | 0 | 0 | 321170 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINES 4A-B | ReturnReference |
| Explanation | -THE FOLLOWING PERSONS RECEIVED PAYMENT FROM SERP PLAN DURING 2012: AUDREY MEYERS RECEIVED $372,300, PETER DIESTEL RECEIVED $25,536, AND LINDA LEWIS RECEIVED $141,005. THESE AMOUNTS ARE REPORTED ON PART II COLUMN F. -PETER SCHWARTZ RECEIVED PAYMENT OF $455,664 FROM EXECUTIVE BENEFIT PLAN DURING 2012. THIS AMOUNT IS REPORTED ON PART II COLUMN F. -THE FOLLOWING PERSONS CONTRIBUTED IN 457(F) PLAN DURING 2012: AUDREY MEYERS CONTRIBUTED $393,129, RICHARD KEENAN CONTRIBUTED $983,425, GAIL CALLANDRILLO CONTRIBUTED $88,140, ROBIN HOLLANDER CONTRIBUTED $90,190, MITCHELL RUBINSTEIN CONTRIBUTED $58,735, AND RUSSELL SHOWERS CONTRIBUTED 8,065. THESE CONTRIBUTIONS ARE INCLUDED IN PART II COLUMN C IN ADDITION TO 401(K)/457(B) CONTRIBUTIONS. -JEFFERY LIETO RECEIVED A SEVERANCE PAYMENT OF $290,014 IN 2012. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990 PART V LINE 4B | THE HOSPITAL HAS A SOLE OWNERSHIP IN A FOREIGN COMPANY LOCATED IN THE CAYMAN ISLANDS WHICH PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, A PAPER COPY IS SENT TO MEMBERS OF THE BOARD AUDIT COMMITTEE FOR REVIEW AND COMMENTS. ANY COMMENTS AND QUESTIONS CONCERNING THE 990 ARE DISCUSSED WITH MANAGEMENT AND APPROPRIATE ACTIONS ARE TAKEN WHEN NECESSARY BEFORE FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A CONFLICT OF INTEREST EXISTS THE HOSPITAL WILL NOTIFY MANAGEMENT AND OR BOARD MEMBERS AND INVESTIGATE THE POTENTIAL CONFLICT. IF IT IS DETERMINED THAT A CONFLICT EXISTS THE MEMBERS OF MANAGEMENT OR THE BOARD WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE PART OF ANY DECISIONS ABOUT SUCH MATTERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HOSPITAL HAS ESTABLISHED A POLICY FOR COMPENSATION OF ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES. THE POLICY MANDATES THAT COMPENSATION FOR ITS OFFICERS, TOP MANAGEMENT AND KEY EMPLOYEES, BE PERIODICALLY 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. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE HOSPITAL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING OF THE RETURN ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. IN ADDITION FORM 990 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AND OTHER RELEVENT DOCUMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN ACCRUED PENSION LIABILITY TO BE RECOGNIZED IN FUTURE PERIODS -10,171,556. CHANGE IN ASSETS HELD BY VALLEY HOSPITAL FOUNDATION 2,759,124. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ESTABLISHING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| 555 MAPLE ACQUISITION LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 453070365 | REAL ESTATE HOLDINGS | NJ | 0 | 8410387 | THE VALLEY HOSPITAL INC |
| 599 PARAMUS ACQUISITION LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 460985392 | REAL ESTATE HOLDINGS | NJ | 60507 | 12534400 | THE VALLEY HOSPITAL INC |
| 620 WINTERS AVENUE LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | REAL ESTATE HOLDINGS | NJ | 0 | 0 | THE VALLEY HOSPITAL INC | |
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VALLEY HEALTH SYSTEM INC | |||||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 222922016 | PROVIDES MANAGEMENT & PLANNING SERVICES FOR ITS MEMBERS | NJ | 501(C)(3) | LINE 3 | N/A | 0 | |
| VALLEY MEDICAL SERVICES INC | |||||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 223260998 | PROVIDES CERTAIN MEDICAL CARE TO PATIENTS INCL.PEDIATRIC & NEONATAL SERVICES | NJ | 501(C)(3) | LINE 3 | 1 | THE VALLEY HOSPITAL INC | |
| VALLEY PHYSICIAN SERVICES INC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 320041186 | PROVIDES MEDICAL CARE TO CARRYOUT THE PURPOSE OF THE VALLEY HEALTH SYSTEM | NJ | 501(C)(3) | LINE 3 | 1 | THE VALLEY HOSPITAL INC | |
| VALLEY HOME CARE INC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 223208480 | PROVIDES REHABILITATION VISITS AND HOME HEALTH AIDS VISITS TO PATIENTS | NJ | 501(C)(3) | LINE 7 | 0 | VALLEY HEALTH SYSTEM INC | |
| THE VALLEY HOSPITAL FOUNDATION INC | |||||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 222324554 | SOLICIT,RECEIVE AND APPLY CONTRIBUTIONS FOR THE BENEFIT OF THE HOSPITAL | NJ | 501(C)(3) | LINE 9 | 0 | VALLEY HEALTH SYSTEM INC | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg | Direct Controlling Entity NADirectControllingEntityNA | Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VALLEY HEALTH MEDICAL GROUP INC | ||||||||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 223475233 | OPERATES URGENT/PRIMARY CARE CLINICS | NJ | VALLEY HEALTH SYSTEM INC | C | 0 | |||||||
| VALLEY HEALTH MEDICAL GROUP NJPC | ||||||||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 223475166 | OPERATES URGENT/PRIMARY CARE CLINICS | NJ | C | 0 | N/A | |||||||
| VALLEY PHYSICIAN SERVICE NY PC | ||||||||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 453125678 | OPERATES URGENT/PRIMARY CARE CLINICS | NY | VALLEY HEALTH SYSTEM INC | C | 0 | |||||||
| VHS INSURANCE COMPANY LTD | ||||||||||||||||
| 980408200 | PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE | THE VALLEY HOSPITAL INC | C | 1 | 010 MAIN STREET | CAYMAN ISLANDS | CJ | CJ | 41241775 | 1.00000 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| VALLEY MEDICAL SERVICES INC | |
| Q | 1525601 |
| VALLEY PHYSICIAN SERVICES INC | |
| R | 350000 |
| VHS INSURANCE COMPANY LTD | |
| R | 5000000 |
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