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VALLEY PHYSICIAN SERVICES NY PC

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Public IRS 990 nonprofit record

VALLEY PHYSICIAN SERVICES NY PC

EIN 45-3125678 · Ambulatory & Primary Health Care (E30)

What they do

to ENGAGE IN THE RENDERING of PROFESSIONAL SERVICES of and RELATED to THE PRACTICE of MEDICINE PURSUANT to "THE PROFESSIONAL SERVICES CORPORATION ACT, and to SUPPORT and CARRY OUT THE CHARITABLE PURPOSE of VALLEY HEALTH SYSTEM, INC. THE ORGANIZATION ALSO PROVIDED STRATEGIC FUNDING to VALLEY HOSPITAL, INC.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

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 leaders26 people are listed in the latest report.

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

Money made simple

$100.00spent for every $100 of revenueRevenue covered expenses this year.
$0.60of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$0.33in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $788,301 for DAN MUSAT MD (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it 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.

Money in and money out

Revenue$8,082,733
Expenses$8,082,733

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$50,083 · 0.6% of expenses
Grants paid$6,594,836 · 81.6% of expenses
See all reported dollar amounts
Revenue$8,082,733
Expenses$8,082,733
Assets$2,640,713
Income$8,082,733
Grants given$6,594,836
Average grant$1,099,139
Management and general$50,083
Accounting fees$14,994
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
DAN MUSAT MDPHYSICIAN · 40 hrs/week $788,301Base $776,123 · Other $12,178
TINA SICHROVSKY MDPHYSICIAN · 40 hrs/week $772,191Base $720,272 · Other $51,919
ADVAY BHATT MDPHYSICIAN · 40 hrs/week $748,298Base $695,878 · Other $52,420
MOHAMMADALI HABIBI MDPHYSICIAN · 40 hrs/week $639,253Base $623,823 · Other $15,430
MARK PREMINGER MDPHYSICIAN · 40 hrs/week $545,234Base $506,037 · Other $39,197
AUDREY MEYERSPRESIDENT/CEO, VHS, THRU JUNE 2024 · 2 hrs/week $54,469Base · Other $54,469
WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO $53,234Base · Other $53,234
ROBERT W BRENNERPRESIDENT/CEO, VHS, EFF. JULY 2024 · 3 hrs/week $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 (26)

DAN MUSAT MDPHYSICIAN

TINA SICHROVSKY MDPHYSICIAN

ADVAY BHATT MDPHYSICIAN

MOHAMMADALI HABIBI MDPHYSICIAN

MARK PREMINGER MDPHYSICIAN

AUDREY MEYERSPRESIDENT/CEO, VHS, THRU JUNE 2024

WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO

ROBERT W BRENNERPRESIDENT/CEO, VHS, EFF. JULY 2024

M SHAWN KENNEDYTRUSTEE

WAYNE WALD ESQTRUSTEE

VINCENT FORLENZACHAIR EMERITUS

TIMOTHY WENTWORTHTRUSTEE

SCOTT SCHROEDERTRUSTEE

PATRICIA VERDUINTRUSTEE

MICHELLE HASSONTRUSTEE

MICHAEL MCGUIRETRUSTEE

KEVIN LOBOCHAIR

JUDY BASELICETRUSTEE

JOSEPH MARIONTREASURER

JEFFREY TUCKERTRUSTEE

JAMES BUSHTRUSTEE

FRANK J SHEEHYVICE CHAIR

DUANE SACHSTRUSTEE

DENIS SALAMONESECRETARY

BRUCE MACTASTRUSTEE

ANN LIMBERGVICE CHAIR

About this charity

Recognized since
January 2018
Location
4 VALLEY HEALTH PLAZA, PARAMUS, NJ 07652
County
Bergen
In care of
WILLIAM KLUTKOWSKI
Primary officer
WILLIAM KLUTKOWSKI, SR. VP, FINANCE & CFO

How to reach them

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
Ambulatory & Primary Health Care (E30)
IRS tax category
Ambulatory & Primary Health Care
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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