THE VALLEY HOSPITAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE VALLEY HOSPITAL FOUNDATION INC

EIN 22-2324554 · Health Care (E22I)

What they do

THE VALLEY HOSPITAL FOUNDATION is THE PHILANTHROPIC COMPONENT of VALLEY HEALTH SYSTEM. ITS PRIMARY FUNCTION is to SECURE CHARITABLE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, and OTHER FUNDING ENTITIES, to MANAGE THOSE GIFTS, and to DISTRIBUTE THEM IN ACCORDANCE WITH ITS CHARTER. CHARITABLE FUNDS RAISED for THE HOSPITAL SUPPORT CONSTRUCTION, CAPITAL IMPROVEMENTS, MEDICAL TECHNOLOGY, BIOMEDICAL RESEARCH, EDUCATION, ENDOWMENTS, and SPECIAL PROJECTS. FUNDS RAISED for VALLEY HOME CARE SUPPORT THE PROGRAMS of THE AGENCY, SUCH AS HOSPICE, JOURNEYS, MATERNAL CHILD HEALTH, and ENDOWMENTS. FUNDS RAISED for VALLEY MEDICAL GROUP SUPPORT PROGRAMS, CAPITAL IMPROVEMENTS, MEDICAL TECHNOLOGY, EDUCATION, and SPECIAL PROJECTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

48.66%of revenue went to mission work78.8% of expenses · Program services

11.27%of revenue went to fundraising18.2% of expenses

$61.76spent for every $100 of revenueRevenue covered expenses this year.

1.83%of revenue went to management and office costs3.0% of expenses

$3.78in assets for every $1 spent this yearSome assets cannot be spent right away.

72.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $54,469 for AUDREY MEYERS (TRUSTEE, EX OFFICIO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$25,467,508

Mission workProgram services$12,393,12148.66% of revenue78.8% of expenses

ManagementOffice and general costs$465,4651.83% of revenue3.0% of expenses

FundraisingAsking for donations$2,869,47411.27% of revenue18.2% of expenses

Revenue left after expensesReported annual surplus$9,739,44838.24% of revenueShown in gray on the chart

Total expenses$15,728,06061.76% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.8% mission · 3.0% management · 18.2% fundraisingTotal expenses: 61.76% of revenue

2023Expense mix: 80.9% mission · 1.9% management · 17.2% fundraisingTotal expenses: 118.37% of revenue

2022Expense mix: 79.5% mission · 2.3% management · 18.2% fundraisingTotal expenses: 136.79% of revenue

2021Expense mix: 84.8% mission · 2.2% management · 12.9% fundraisingTotal expenses: 110.19% of revenue

2020Expense mix: 84.7% mission · 2.4% management · 12.9% fundraisingTotal expenses: 129.78% of revenue

2019Expense mix: 94.6% mission · 0.7% management · 4.6% fundraisingTotal expenses: 319.31% of revenue

2018Expense mix: 64.1% mission · 4.1% management · 31.8% fundraisingTotal expenses: 22.78% of revenue

2017Expense mix: 73.8% mission · 5.3% management · 20.9% fundraisingTotal expenses: 97.31% of revenue

Money in and money out

Revenue$25,467,508

Expenses$15,728,060

Annual surplus $9,739,448 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,393,121 · 78.8% of expenses

Management and office costs$465,465 · 3.0% of expenses

Fundraising$2,869,474 · 18.2% of expenses

See all reported dollar amounts

Revenue$25,467,508

Expenses$15,728,060

Assets$59,525,708

Income$40,716,160

Contributions$18,447,358

Mission work (program services)$12,393,121

Fundraising$2,869,474

Grants given$137,369,692

Average grant$6,244,077

Management and general$465,465

Stocks and bonds$42,550,651

Accounting fees$16,800

Investing fees$7,193

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AUDREY MEYERSTRUSTEE, EX OFFICIO $54,469Base · Other $54,469

WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO $53,234Base · Other $53,234

EPHRAIM CASPER MDTRUSTEE $47,422Base · Other $47,422

DAVID J BOHANVICE PRESIDENT & CPO · 36 hrs/week $31,939Base · Other $31,939

ROBERT W BRENNER MDTRUSTEE, EX OFFICIO, EFF. JULY 2024 $31,214Base · Other $31,214

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

AUDREY MEYERSTRUSTEE, EX OFFICIO

WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO

EPHRAIM CASPER MDTRUSTEE

DAVID J BOHANVICE PRESIDENT & CPO

ROBERT W BRENNER MDTRUSTEE, EX OFFICIO, EFF. JULY 2024

SURYA N MOHAPATRATRUSTEE

NANCY V BUSHVICE CHAIR

PETER C MARRONVICE CHAIR

RALPH M MASTRANGELOTREASURER, THRU SEPT 2024

ROBERT VAN DYKTRUSTEE

SARAH BEANE RICCATRUSTEE

SUNNY CHOI MDTRUSTEE

LYNN HOLUBATRUSTEE

THEODORE L HARRISTRUSTEE

THERESA A SALAMENOTRUSTEE, EX OFFICIO, THRU JUNE 2024

THOMAS J RAKOWSKI MDTRUSTEE

YOLLA RAHALTRUSTEE

MARC SABINOTRUSTEE, THRU JUNE 2024

ANDREW GATTOVICE CHAIR

LYA PFEIFER ESQTRUSTEE, THRU JUNE 2024

KAREN KEYESTRUSTEE

JOSHUA L ABRAMSTRUSTEE, THRU JUNE 2024

JEFFREY SEIDLERSECRETARY

GREGORY A NEJMEHTRUSTEE

EDWARD M RUBINCHAIRMAN

EDWARD B SELF JR MDTREASURER

DONNA SINGERTRUSTEE, EX OFFICIO

CHRIS WRAGGETRUSTEE

CHIRAG SHAHTRUSTEE

ANN MARIE SNYDERTRUSTEE

About this charity

Recognized since: January 1980
Location: 4 VALLEY HEALTH PLZ, PARAMUS, NJ 07652-3619
County: Bergen
In care of: WILLIAM KLUTKOWSKI
Primary officer: WILLIAM KLUTKOWSKI, SR. VP, FINANCE & CFO

How to reach them

WebsiteVisit the charity’s website Phone(201) 291-6300

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Health Care (E22I)
Grant-giving organization: Yes