The Valley Hospital Inc
Paramus, NJ · EIN 22-1487307 · Health care · Rank 521 by total revenue
The valley hospital serves the community by healing and caring for patients, comforting their families and teaching good health.
Money, Form 990 for tax year 2024
- Total revenue
- $1,259,513,188
- Total expenses
- $1,190,122,608
- Total assets
- $2,453,447,464
- Salary base (all salaries and wages)
- $362,025,088
- Salaries, other pay and benefits
- $431,428,880
- Employees
- 4,835
- Salary base per employee
- $74,876
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (23)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Audrey Meyers | PRESIDENT & CEO, VHS THRU JUNE 2024 | Board, Officer | 14.3 | $6,647,856 |
| Robert W Brenner | PRESIDENT & CEO, VHS EFF. JULY 2024 | Board, Officer | 12 | $1,909,865 |
| William Klutkowski | SR. VP, FINANCE & CFO | Officer | 12 | $1,305,782 |
| Kevin Lobo | CHAIR | Board, Officer | 0.1 | None reported |
| Frank J Sheehy | VICE CHAIR | Board, Officer | 0.1 | None reported |
| Ann Limberg | VICE CHAIR | Board, Officer | 0.1 | None reported |
| Joseph Marion | TREASURER | Board, Officer | 0.1 | None reported |
| Denis Salamone | SECRETARY | Board, Officer | 0.1 | None reported |
| Karteek Bhavsar | SR VP & COO | Key employee | 20 | $1,206,115 |
| Charles Vannoy | VP/CNO, PATIENT CARE SVCS | Key employee | 40 | $648,440 |
| Judy Baselice | TRUSTEE | Board | 0.1 | None reported |
| James Bush | TRUSTEE | Board | 0.1 | None reported |
| Vincent Forlenza | CHAIR EMERITUS | Board | 0.1 | None reported |
| Michelle Hasson | TRUSTEE | Board | 0.1 | None reported |
| M Shawn Kennedy | TRUSTEE | Board | 0.1 | None reported |
| Bruce Mactas | TRUSTEE | Board | 0.1 | None reported |
| Michael McGuire | TRUSTEE | Board | 0.1 | None reported |
| Duane Sachs | TRUSTEE | Board | 0.1 | None reported |
| Scott Schroeder | TRUSTEE | Board | 0.1 | None reported |
| Jeffrey Tucker | TRUSTEE | Board | 0.1 | None reported |
| Patricia Verduin | TRUSTEE | Board | 0.1 | None reported |
| Wayne Wald ESQ | TRUSTEE | Board | 0.1 | None reported |
| Timothy Wentworth | TRUSTEE | Board | 0.1 | None reported |
Top 10 paid people listed
These 10 people received $14,946,929, which is 4.1% of the $362,025,088 salary base shared by 4,835 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Audrey Meyers | PRESIDENT & CEO, VHS THRU JUNE 2024 | Board, Officer | 14.3 | $0 | $6,593,387 | $54,469 | $6,647,856 |
| Robert W Brenner | PRESIDENT & CEO, VHS EFF. JULY 2024 | Board, Officer | 12 | $0 | $1,878,651 | $31,214 | $1,909,865 |
| William Klutkowski | SR. VP, FINANCE & CFO | Officer | 12 | $0 | $1,252,548 | $53,234 | $1,305,782 |
| Karteek Bhavsar | SR VP & COO | Key employee | 20 | $0 | $1,177,040 | $29,075 | $1,206,115 |
| Joseph Yallowitz | VP & CHIEF MEDICAL OFFICER | Highly paid employee | 40 | $928,406 | $0 | $58,016 | $986,422 |
| David Bohan | VP & CHIEF PHILANTHROPY OFFICER | Highly paid employee | 4 | $678,150 | $0 | $31,939 | $710,089 |
| Charles Vannoy | VP/CNO, PATIENT CARE SVCS | Key employee | 40 | $595,903 | $0 | $52,537 | $648,440 |
| Brad Haspel | VP, ANCILLARY SERVICES | Highly paid employee | 40 | $497,191 | $0 | $33,874 | $531,065 |
| Bettyann Kempin | VP, ADMINISTRATION | Highly paid employee | 40 | $483,237 | $0 | $38,570 | $521,807 |
| Peter Diestel | TRANSITIONAL CONSULTANT | Highly paid employee | 40 | $446,537 | $0 | $32,951 | $479,488 |
Sources
- IRS e-file return 202533179349305463 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 22-1487307
- Organization website (as filed): www.valleyhealth.com