Valley Physician Services NY PC
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.
Valley Physician Services NY PC at a glance
In short: Valley Physician Services NY PC gave $427K across 1 grant in 2024 (avg $427K), mostly in New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $427,396
- +32.2% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $427,396
- +32.2% vs 2023
- Median grant
- $427,396
- Total assets
- $2,640,713
- +3.7% vs 2023
- 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.
Who Valley Physician Services NY PC funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Valley Hospital Inc ($427K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Valley Physician Services NY PC gives
- Giving fell 73% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $323K (2023) to $3.3M (2022). In 2024 it made 1 grant totaling $427K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Valley Hospital Inc Paramus, NJ | Strategic Funding | $427,396 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $2,640,713 | $8,082,733 | $8,082,733 | $427,396 | 1 |
| 2023 | $2,545,441 | $11,354,450 | $11,354,450 | $323,263 | 1 |
| 2022 | $2,370,017 | $12,569,653 | $12,569,652 | $3,347,152 | 1 |
| 2021 | $2,226,917 | $9,742,651 | $9,742,650 | $1,610,384 | 1 |
| 2020 | $3,073,417 | $8,811,608 | $8,811,609 | $886,641 | 2 |
About Valley Physician Services NY PC
Based on IRS filings
Valley Physician Services NY PC is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Valley Physician Services NY PC is led by Audrey Meyers, President, CEO & Vhs on every filing since 2020; 5 of 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Audrey Meyers
President, CEO & Vhs
On filings since 2020
1.8 hrs/week
No compensation reported
Robert W. Brenner
President, CEO & Vhs
President & Clinical Integration → President & Clinical Integr, 2021
President & Clinical Integr → President, CEO & Vhs, 2024
On filings since 2020
3 hrs/week
No compensation reported
Kevin Lobo
Chair
Trustee → Vice Chairman, 2022
Vice Chairman → Chair, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Bruce Mactas
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Duane Sachs
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
James Bush
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Jeffrey Tucker
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Judy Baselice
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Michelle Hasson
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Patricia Verduin
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Scott Schroeder
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Wayne Wald Esq.
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
M. Shawn Kennedy
Trustee
On filings since 2022
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
Advay Bhatt MD
Physician
On filings since 2020
40 hrs/week
$505K (2020) → $696K (2024)
Dan Musat MD
Physician
On filings since 2020
40 hrs/week
$505K (2020) → $776K (2024)
Mark Preminger MD
Physician
On filings since 2020
40 hrs/week
$520K (2020) → $506K (2024)
Tina Sichrovsky MD
Physician
On filings since 2020
40 hrs/week
$520K (2020) → $720K (2024)
Mohammadali Habibi MD
Physician
New on the 2024 filing
40 hrs/week
$624K (2024)
William Klutkowski
Senior Vice President, Finance & CFO
Vice President & CFO → Senior Vice President, Finance & CFO, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Ann Limberg
Vice Chair
Secretary → Vice Chair & Secretary, 2022
Vice Chair & Secretary → Vice Chair, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Denis Salamone
Secretary
Trustee → Secretary, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Frank J. Sheehy
Vice Chair
Vice Chairman → Vice Chair, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Joseph Marion
Treasurer
On filings since 2021
0.1 hrs/week
No compensation reported
Vincent Forlenza
Chair Emeritus
Chairman → Chair Emeritus, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Former officers (7)
- Former: Suneet Mittal (2020–2023) — Physician
- Former: Edward B. Self MD (2021–2023) — Trustee
- Former: Steven Silverstein (2021–2023) — Trustee
- Former: Robert W. Brenner - President (2022–2023) — Clinical Integration & Physician Ent.
- Former: David Strassberg (2020–2022) — Chair & Primary Care Services
- Former: Gail Matthews (2020–2021) — Treasurer
- Former: Richard Keenan (2020–2021) — Former Senior Vice President Finance & CFO
Data from IRS Form 990 filings, 2020–2024. "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 $776K, to Dan Musat MD (Physician). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Valley Physician Services NY PC
How much does Valley Physician Services NY PC give each year?
Valley Physician Services NY PC gave $427K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $323K across 1 grant.
How large is Valley Physician Services NY PC?
Valley Physician Services NY PC reported $2.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $8.1M.
What is Valley Physician Services NY PC?
Valley Physician Services NY PC is a public charity focused on Health, based in Paramus, NJ. It holds $2.6M in total assets as of 2024.
Where does Valley Physician Services NY PC operate?
Valley Physician Services NY PC has awarded grants in New Jersey.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- 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
Live grants for the work Valley Physician Services NY PC funds
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Similar Funders
Funders with grantees in common
The Valley Hospital Auxiliary
Paramus, NJ
The Valley Hospital Auxiliary is an organization that serves as community liaison for the valley hospital, raising funds, and assisting the hospital through a variety of traditional and non-traditional volunteer services.
Assets
$462K
Grants
1
Total Given
$1.6M
Valley Physicians Services PC
Paramus, NJ
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.
Assets
$29.4M
Grants
1
Total Given
$28.5M
The Shaw-Mandelbaum Family Foundation
Franklin Lakes, NJ
Assets
$194K
Grants
2
Total Given
$23K
The Valley Hospital Foundation Inc
Paramus, NJ
The Valley Hospital Foundation is the philanthropic component of valley health system. Its primary function is to secure charitable contributions from individuals, corporations, foundations, and other funding entities, to manage those gifts, and to distribute them in accordance with its charter. Charitable funds raised for the hospital support construction, capital improvements, medical technology, biomedical research, education, endowments, and special projects. Funds raised for valley home care support the programs of the agency, such as hospice, journeys, maternal child health, and endowments. Funds raised for valley medical group support programs, capital improvements, medical technology, education, and special projects.
Assets
$59.5M
Grants
3
Total Given
$12.4M
The Leonard J & Gloria Phillips
Saddle River, NJ
Assets
$294K
Grants
8
Total Given
$51K
The Vespa Family Foundationinc
Franklin Lakes, NJ
Assets
$349K
Grants
13
Total Given
$44K
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