The Valley Hospital Inc
The Valley Hospital Inc is a Form 990 public charity based in Paramus, New Jersey. Founded in 1925, it is a not-for-profit acute-care hospital within Valley Health System, which serves Northern New Jersey and Southern New York. Its community work includes healthcare education and screenings, support groups, classes, and care for patients regardless of their ability to pay.
The Valley Hospital Inc at a glance
In short: The Valley Hospital Inc gave $131.3M across 20 grants in 2024 (avg $6.6M), mostly in New Jersey. 10% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $131,318,168
- +3.0% vs 2023
- Grants made (2024)
- 20
- +11.1% vs 2023
- Average grant
- $6,565,908
- -7.3% vs 2023
- Median grant
- $11,870
- Total assets
- $2,453,447,464
- +3.6% vs 2023
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2024; small sample)
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Valley Hospital Inc
- Contact
Mailing address: 4 Valley Health Plaza, Paramus, NJ 07652
Phone: (201) 447-8000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Valley Hospital Inc
Who The Valley Hospital Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Valley Physician Services Inc ($130.7M). Together the top 10 received $131.2M.
Grant Size Distribution
88 grants across all recorded years
The most common grant size was under $50K: 78 grants of 88 (89%).
Geographic Focus
Where this funder awards grants
The hospital states that it serves Northern New Jersey and Southern New York, with more than 440,000 people in 32 Bergen County towns and adjoining communities. Its 2024 grant dollars went entirely to recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
Cities
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. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $8K; repeat grants $7.3M. How we count
Medians: $8K first-time, $13K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $79.0M (2020) to $131.3M (2024). In 2024 it made 20 grants totaling $131.3M.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,453,447,464 | $1,259,513,188 | $1,190,122,608 | $131,318,168 | 20 | $27,027,112 |
| 2023 | $2,368,786,881 | $1,153,072,946 | $1,035,353,094 | $127,443,284 | 18 | $9,641,569 |
| 2022 | $2,192,208,083 | $1,059,746,501 | $938,302,747 | $96,877,491 | 21 | $16,868,807 |
| 2021 | $2,214,086,950 | $1,000,529,103 | $855,859,930 | $89,109,119 | 17 | $30,738,761 |
| 2020 | $2,094,706,375 | $897,397,023 | $843,490,125 | $79,021,801 | 12 | $33,006,001 |
| 2019 | $1,846,770,409 | $860,142,109 | $746,811,672 | — | — | $14,015,516 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The hospital’s stated mission is to serve the community by healing and caring for patients, comforting their families, and teaching good health. It describes its commitments as excellence in clinical care, innovation in programs and technology, and a compassionate and respectful environment.
In 2024, the hospital reported grants for general support to healthcare and community organizations. For example, Bergen Volunteer Medical Initiative describes its work as providing free healthcare to Bergen County’s working uninsured. Pony Power Therapies describes its mission as connecting people with disabilities or life challenges to horses, farming, and nature. The hospital also gave general-support grants to organizations including the American Red Cross, the American Cancer Society, and Children’s Aid & Family Services.
Grantmaking
In filing year 2024, the hospital reported 20 grants totaling $131,318,168. Grant amounts ranged from $6,000 to $130,744,481, with a median of $11,870. The largest award accounted for most of the total: $130,744,481 to Valley Physician Services Inc for general support. Other notable awards included $344,547 to Valley Health System Inc, $30,000 to Bergen Volunteer Medical Initiative, $25,000 to the Borough of Paramus, and $20,000 to Pony Power Therapies, all for general support.
Separately, the Valley Hospital Auxiliary’s scholarship initiative awarded $30,000 to 21 students in 2025. It supports high school seniors and undergraduate students pursuing medical careers; this is a scholarship program for students, rather than a grant program for outside organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Audrey Meyers as President and CEO through June 2024 and Robert W. Brenner as President and CEO effective July 2024. It also lists Kevin Lobo as Chair; Frank J. Sheehy and Ann Limberg as Vice Chairs; Joseph Marion as Treasurer; Denis Salamone as Secretary; Judy Baselice and James Bush as Trustees; and Vincent Forlenza as Chair Emeritus.
The Valley Hospital Inc is led by Audrey Meyers, President, CEO & Vhs on every filing since 2019; 6 of 28 officers listed in 2024 are compensated.
Officers on the 2024 filing
Audrey Meyers
President, CEO & Vhs
On filings since 2019
14.3 hrs/week
No compensation reported
Robert W. Brenner
President, CEO & Vhs
New on the 2024 filing
12 hrs/week
No compensation reported
Kevin Lobo
Chair
Vice Chairman → Vice Chair, 2022
Vice Chair → Chair, 2023
On filings since 2019
0.1 hrs/week
No compensation reported
Bruce J. Mactas
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Duane Sachs
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Jeffrey S. Tucker
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Judy Baselice
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Michelle Hasson
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Patricia Verduin
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Scott Schroeder
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
Wayne Wald Esq.
Trustee
On filings since 2019
0.1 hrs/week
No compensation reported
James Bush
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
M. Shawn Kennedy
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Michael McGuire
Trustee
New on the 2024 filing
0.1 hrs/week
No compensation reported
Timothy Wentworth
Trustee
New on the 2024 filing
0.1 hrs/week
No compensation reported
Bettyann Kempin
Vice President & Administration
Assistant Vice President & Oncology → Vice President & Administration, 2022
On filings since 2019
40 hrs/week
$271K (2019) → $483K (2024)
Brad Haspel
Vice President & Ancillary Services
Assistant Vice President & Ancillary Services → Vice President & Ancillary Services, 2022
On filings since 2019
40 hrs/week
$285K (2019) → $497K (2024)
David J. Bohan
Vice President & Chief Philanthropy Officer
Vice President & Chief Development Officer → Vice President & Chief Philanthropy Officer, 2024
On filings since 2019
4 hrs/week
$508K (2019) → $678K (2024)
Joseph Yallowitz
Vice President & Chief Medical Officer
On filings since 2019
40 hrs/week
$670K (2019) → $928K (2024)
Karteek Bhavsar
Senior Vice President & COO
Senior Vice President, Operations & Business Development → Senior Vice President, Operations & Busin, 2023
Senior Vice President, Operations & Busin → Senior Vice President & COO, 2024
On filings since 2019
20 hrs/week
$450K (2019) → $0 (2024)
Peter W. Diestel
Transitional Consultant
President & Vhs Operations → Transitional Consultant, 2023
On filings since 2019
40 hrs/week
$647K (2023) → $447K (2024)
William Klutkowski
Senior Vice President, Finance & CFO
Vice President & Chief Financial Officer → Vice President & CFO, 2020
Vice President & CFO → Senior Vice President, Finance & CFO, 2021
On filings since 2019
12 hrs/week
$11K (2019) → $0 (2024)
Charles Vannoy
Vice President, Cno & Patient Care Svcs
Assistant Vice President, Women's & Children's → Vice President, Cno & Patient Care Svcs, 2021
On filings since 2020
40 hrs/week
$286K (2020) → $596K (2024)
Ann M. Limberg
Vice Chair
Vice Chairman & Secretary → Vice Chair & Secretary, 2022
Vice Chair & Secretary → Vice Chair, 2023
On filings since 2019
0.1 hrs/week
No compensation reported
Denis Salamone
Secretary
Trustee → Secretary, 2023
On filings since 2019
0.1 hrs/week
No compensation reported
Frank J. Sheehy
Vice Chair
Vice Chairman → Vice Chair, 2022
On filings since 2019
0.1 hrs/week
No compensation reported
Joseph Marion
Treasurer
On filings since 2019
0.1 hrs/week
No compensation reported
Vincent Forlenza
Chair Emeritus
Chairman → Chair, 2022
Chair → Chair Emeritus, 2023
On filings since 2019
0.1 hrs/week
No compensation reported
Former officers (17)
- Former: Edward B. Self MD (2019–2023) — Trustee
- Former: Steven Silverstein (2019–2023) — Trustee
- Former: Julie W. Lo (2019–2022) — Chief Physicist
- Former: Ann Marie Leichman (2019–2021) — Senior Vice President, Cno & Patient Care Svcs
- Former: Julia Karcher (2019–2021) — Vice President & Administration
- Former: Richard Kennan (2019–2021) — Former Senior Vice President Finance & CFO
- Former: Stacy Mack (2019–2020) — Assistant Vice President, Heart & Vascular
- Former: Arlene Paquet (2019) — Assistant Vice President, Quality & Patient Safety
- Former: Barnett Rukin (2019) — Trustee -
- Former: David Montgomery MD (2019) — Trustee -
- Former: Eric Carey (2019) — Vice President, CIO & Information System
- Former: Gail Callandrillo (2019) — Vice President, Planning & Govt Relatio
- Former: Jose Balderrama (2019) — Vice President & Human Resources
- Former: Maria Mediago (2019) — Vice President & Facilities Management
- Former: Megan Fraser (2019) — Vice President & Communications
- Former: Rakesh Sharma Md Fccp (2019) — Trustee -
- Former: Robin G. Hollander (2019) — Senior Vice President & Legal Services
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $928K, to Joseph Yallowitz (VP & Chief Medical Officer). 6 officers or directors reported compensation on that filing.
Frequently asked questions about The Valley Hospital Inc
How much does The Valley Hospital Inc give each year?
The Valley Hospital Inc gave $131.3M across 20 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $127.4M across 18 grants.
What is The Valley Hospital Inc's typical grant size?
The Valley Hospital Inc's median grant in 2024 was $11,870, and its average grant was $6,565,908, across 20 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Valley Hospital Inc that year got $8K on average.
Where does The Valley Hospital Inc give grants?
The Valley Hospital Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Paramus, NJ (4 grants), Ridgewood, NJ (3 grants) and Mahwah, NJ (2 grants).
Does The Valley Hospital Inc give general operating support?
Yes: 100% of The Valley Hospital Inc's 2024 grants with a stated purpose (20 of 20) were for general or operating support, per its 2024 IRS Form 990.
Who are The Valley Hospital Inc's largest grantees?
The Valley Hospital Inc's largest 2024 grantees include Valley Physician Services Inc ($130,744,481), Valley Health System Inc ($344,547) and Bergen Volunteer Medical Initiative ($30,000), according to its 2024 IRS Form 990.
How large is The Valley Hospital Inc?
The Valley Hospital Inc reported $2.5B in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3B.
What does The Valley Hospital Inc fund?
The hospital’s stated mission is to serve the community by healing and caring for patients, comforting their families, and teaching good health. It describes its commitments as excellence in clinical care, innovation in programs and technology, and a compassionate and respectful environment. See mission & focus areas ↑
How do I apply for a grant from The Valley Hospital Inc?
The Valley Hospital Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS December 12, 2022)
- Updated Form 990 for fiscal year 2020 (received by the IRS December 12, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). The Valley Hospital Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-valley-hospital-inc-morg_2dda79dbcb3341dda2ba08752995fd05
BibTeX
@misc{grantable_221487307_2026,
author = {{Grantable}},
title = {{The Valley Hospital Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-valley-hospital-inc-morg_2dda79dbcb3341dda2ba08752995fd05},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Valley Hospital Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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