The Valley Hospital Inc is a fully accredited, acute care, not-for-profit hospital located in Paramus, New Jersey. Established in 1925 and tax-exempt since January 1953, the organization serves more than 440,000 people across 32 towns in Bergen County and adjoining communities. The hospital is part of Valley Health System, a regional healthcare system serving Northern New Jersey and Southern New York that also comprises Valley Home Care and Valley Medical Group.
Key facts about The Valley Hospital Inc
- EIN
- 22-1487307
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $131,318,168
- Grants made (2024)
- 20
- Average grant
- $6,565,908
- Median grant
- $11,870
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2024)
- Total assets
- $2,453,447,464
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Valley Hospital Inc funds
By grant dollars, the top recipient states for The Valley Hospital Inc's 20 itemized 2024 grants were New Jersey (100%). The most frequent recipient cities were Paramus, NJ (4 grants), Ridgewood, NJ (3 grants) and Mahwah, NJ (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Valley Hospital Inc open to new grantees?
10%
first-time grantees, 2024
In 2024, 2 of 20 grantees (10%) were first-time recipients. First grants averaged $8K; repeat grants $7.3M. How we count
Medians: $8K first-time, $13K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5B
+3.6% YoY
Annual Giving
$131.3M
+3.0% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$6.6M
-7.3% YoY
Mission & Focus Areas
As a not-for-profit hospital, The Valley Hospital is committed to giving back to the community. The organization serves the community by providing thousands of hours of healthcare education and screenings, support groups, and classes to assist those in need, and care to all those who come through its doors, regardless of their ability to pay.
Grantmaking
The Valley Hospital Inc engages in grantmaking activities with typical awards ranging from $5,500 to $130,744,481. The organization maintains at least one active grant opportunity: Valley Hospital Auxiliary Scholarships.
Ready to take the next step with The Valley Hospital Inc?
Geographic Focus
Where this funder awards grants
The Valley Hospital serves Northern New Jersey and Southern New York, with primary focus on Bergen County and adjoining communities across 32 towns.
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,453,447,464
- Total Revenues: $1,259,513,188
- Total Expenses: $1,190,122,608
- Number of Employees: 4,835
As of 2023:
- Total Assets: $2.37 billion
- Total Revenues: $1.15 billion
- Total Expenses: $1.04 billion
- Total Liabilities: $711 million
The organization maintains a Four-Star rating with a 96% score based on accountability and financial metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,453,447,464 | $2,368,786,881 | $2,192,208,083 |
| Revenue | $1,259,513,188 | $1,153,072,946 | $1,059,746,501 |
| Expenses | $1,190,122,608 | $1,035,353,094 | $938,302,747 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $27,027,112 | $9,641,569 | $16,868,807 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Open Grants
1 open opportunity from The Valley Hospital Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Valley Physician Services Inc ($130,744,481), Valley Health System Inc ($344,547), Bergen Volunteer Medical Initiative ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VALLEY PHYSICIAN SERVICES INC PARAMUS, NJ | GENERAL SUPPORT | $130,744,481 |
| VALLEY HEALTH SYSTEM INC PARAMUS, NJ | GENERAL SUPPORT | $344,547 |
| BERGEN VOLUNTEER MEDICAL INITIATIVE HACKENSACK, NJ | GENERAL SUPPORT | $30,000 |
| BOROUGH OF PARAMUS PARAMUS, NJ | GENERAL SUPPORT | $25,000 |
| PONY POWER THERAPIES INC MAHWAH, NJ | GENERAL SUPPORT | $20,000 |
| AMERICAN RED CROSS FAIRFIELD, NJ | GENERAL SUPPORT | $15,000 |
| AMERICAN CANCER SOCIETY MANASQUAN, NJ | GENERAL SUPPORT | $15,000 |
| BERGEN PERFORMING ARTS CENTER INC ENGLEWOOD, NJ | GENERAL SUPPORT | $15,000 |
| CHILDREN'S AID & FAMILY SERVICES PARAMUS, NJ | GENERAL SUPPORT | $13,000 |
| MAHWAH REGIONAL CHAMBER OF COMMERCE MAHWAH, NJ | GENERAL SUPPORT | $12,740 |
Leadership & Key People
Leadership team and compensation from IRS filings
Edward M Rubin serves as Chairman of The Valley Hospital Foundation, the philanthropic component of Valley Health System.
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Audrey Meyers | President & CEO, VHS Thru June 2024 | 14.3 | — |
| Robert W Brenner | President & CEO, VHS Eff. July 2024 | 12 | — |
| Kevin Lobo | Chair | 0.1 | — |
| Frank J Sheehy | Vice Chair | 0.1 | — |
| Ann Limberg | Vice Chair | 0.1 | — |
| Joseph Marion | Treasurer | 0.1 | — |
| Denis Salamone | Secretary | 0.1 | — |
| Judy Baselice | Trustee | 0.1 | — |
| James Bush | Trustee | 0.1 | — |
| Vincent Forlenza | Chair Emeritus | 0.1 | — |
| Michelle Hasson | Trustee | 0.1 | — |
| M Shawn Kennedy | Trustee | 0.1 | — |
| Bruce Mactas | Trustee | 0.1 | — |
| Michael McGuire | Trustee | 0.1 | — |
| Duane Sachs | Trustee | 0.1 | — |
| Scott Schroeder | Trustee | 0.1 | — |
| Jeffrey Tucker | Trustee | 0.1 | — |
| Patricia Verduin | Trustee | 0.1 | — |
| Wayne Wald Esq | Trustee | 0.1 | — |
| Timothy Wentworth | Trustee | 0.1 | — |
| William Klutkowski | Sr. VP, Finance & CFO | 12 | — |
| Charles Vannoy | VP/Cno, Patient Care Svcs | 40 | $595,903 |
| Karteek Bhavsar | Sr VP & COO | 20 | — |
| Joseph Yallowitz | VP & Chief Medical Officer | 40 | $928,406 |
| Peter Diestel | Transitional Consultant | 40 | $446,537 |
| David Bohan | VP & Chief Philanthropy Officer | 4 | $678,150 |
| Brad Haspel | VP, Ancillary Services | 40 | $497,191 |
| Bettyann Kempin | VP, Administration | 40 | $483,237 |
Recent News & Activity
Recent developments and announcements
The Valley Hospital Foundation completed its comprehensive capital campaign, "Serve. Care. Transform: The Next Chapter of The Valley Hospital," which ran from 2021 to 2024. The campaign raised more than $145 million toward the construction of the new hospital facility in Paramus, exceeding its goal by more than $20 million. The campaign drew support from more than 15,000 donors, including more than 37 gifts over $1 million, making it the largest fundraising campaign in Valley's history.
New Grant Transforms Valley Children\u2019s Child Life Playroom for Healing\The new hospital opened on April 14, 2024, and was designed with patient safety, privacy, and high-quality patient experience as primary considerations. The facility includes spacious patient rooms with 75-inch televisions, park-like grounds, and sustainable green roofs.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Valley Hospital Inc fund?
As a not-for-profit hospital, The Valley Hospital is committed to giving back to the community. The organization serves the community by providing thousands of hours of healthcare education and screenings, support groups, and classes to assist those in need, and care to all those who come through its doors, regardless of their ability to pay.
How do I apply for a grant from The Valley Hospital Inc?
The Valley Hospital Inc engages in grantmaking activities with typical awards ranging from $5,500 to $130,744,481. The organization maintains at least one active grant opportunity: Valley Hospital Auxiliary Scholarships. Total giving reported was $131,351,168 based on the most recent IRS Form 990 filing.
Where does The Valley Hospital Inc make grants?
The Valley Hospital serves Northern New Jersey and Southern New York, with primary focus on Bergen County and adjoining communities across 32 towns.
What size grants does The Valley Hospital Inc award?
In 2024, The Valley Hospital Inc awarded 20 grants totaling $131.3M — an average of about $6.6M per grant, based on its IRS Form 990 filings.
What is The Valley Hospital Inc's EIN?
The Valley Hospital Inc's EIN (Employer Identification Number) is 22-1487307. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Valley Hospital Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.