Valley Physician Services NY PC logo

Valley Physician Services NY PC

Foundation · Grantmaker Paramus, NJ EIN: 45-3125678 Website

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.

Key facts about Valley Physician Services NY PC

EIN
45-3125678
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$427,396
Grants made (2024)
1
Average grant
$427,396
Median grant
$427,396
Total assets
$2,640,713
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with Valley Physician Services NY PC

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+3.7% YoY

Annual Giving

$427K

+32.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$427K

+32.2% YoY

About Valley Physician Services NY PC

Based on IRS filings

Valley Physician Services NY PC is a nonprofit organization focused on Health, based in Paramus, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grant totaling $427K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

RidgewoodParamus

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$2,640,713$2,545,441$2,370,017
Revenue$8,082,733$11,354,450$12,569,653
Expenses$8,082,733$11,354,450$12,569,652
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$837K$2M$3M$3M0 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

The Valley Hospital Inc: $427KThe Valley Hospital Inc$427K

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The Valley Hospital Inc ($427,396).

RecipientPurposeAmount
THE VALLEY HOSPITAL INC Paramus, NJSTRATEGIC FUNDING$427,396

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dan Musat MD — Physician: $776KDan Musat MDPhysician$776KTina Sichrovsky MD — Physician: $720KTina Sichrovsky MDPhysician$720KAdvay Bhatt MD — Physician: $696KAdvay Bhatt MDPhysician$696KMohammadali Habibi MD — Physician: $624KMohammadali Habibi MDPhysician$624KMark Preminger MD — Physician: $506KMark Preminger MDPhysician$506K

From 2024 IRS filing

NameTitleHoursCompensation
Audrey MeyersPresident/CEO, VHS, Thru June 20241.8—
Robert W BrennerPresident/CEO, VHS, Eff. July 20243—
Kevin LoboChair0.1—
Ann LimbergVice Chair0.1—
Frank J SheehyVice Chair0.1—
Joseph MarionTreasurer0.1—
Denis SalamoneSecretary0.1—
Vincent ForlenzaChair Emeritus0.1—
Judy BaseliceTrustee0.1—
James BushTrustee0.1—
Michelle HassonTrustee0.1—
M Shawn KennedyTrustee0.1—
Bruce MactasTrustee0.1—
Michael McGuireTrustee0.1—
Duane SachsTrustee0.1—
Scott SchroederTrustee0.1—
Jeffrey TuckerTrustee0.1—
Patricia VerduinTrustee0.1—
Wayne Wald EsqTrustee0.1—
Timothy WentworthTrustee0.1—
William KlutkowskiSr. VP, Finance & CFO0.5—
Dan Musat MDPhysician40$776,123
Tina Sichrovsky MDPhysician40$720,272
Advay Bhatt MDPhysician40$695,878
Mohammadali Habibi MDPhysician40$623,823
Mark Preminger MDPhysician40$506,037

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Valley Physician Services NY PC?

Valley Physician Services NY PC is a nonprofit organization focused on Health, based in Paramus, NJ. It holds $2.6M in total assets as of 2024.

How large is Valley Physician Services NY PC?

As of 2024, Valley Physician Services NY PC holds $2.6M in total assets with $8.1M in annual revenue. It awarded 1 grant totaling $427K in 2024.

Where does Valley Physician Services NY PC operate?

Valley Physician Services NY PC has awarded grants in New Jersey.

What size grants does Valley Physician Services NY PC award?

In 2024, Valley Physician Services NY PC awarded 1 grant totaling $427K — an average of about $427K per grant, based on its IRS Form 990 filings.

What is Valley Physician Services NY PC's EIN?

Valley Physician Services NY PC's EIN (Employer Identification Number) is 45-3125678. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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