Valley Physicians Services 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.
Valley Physicians Services PC at a glance
In short: Valley Physicians Services PC gave $28.5M across 1 grant in 2024 (avg $28.5M), mostly in New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $28,475,490
- +5.2% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $28,475,490
- +5.2% vs 2023
- Median grant
- $28,475,490
- Total assets
- $29,403,094
- +20.3% 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 Physicians Services PC funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Valley Hospital Inc ($28.5M).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was $5M or more: 6 grants of 6 (100%).
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 Physicians Services PC gives
- Giving fell 35% 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 2019 to 2024, annual grant giving ranged from $24.4M (2020) to $47.9M (2022). In 2024 it made 1 grant totaling $28.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Valley Hospital Inc Paramus, NJ | Strategic Funding | $28,475,490 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $29,403,094 | $229,614,679 | $230,915,450 | $28,475,490 | 1 |
| 2023 | $24,434,404 | $208,224,307 | $208,224,307 | $27,076,288 | 1 |
| 2022 | $26,604,976 | $200,994,425 | $204,135,773 | $47,852,914 | 1 |
| 2021 | $21,972,839 | $185,170,254 | $188,262,236 | $44,133,513 | 1 |
| 2020 | $24,664,339 | $156,131,506 | $158,376,597 | $24,384,912 | 2 |
| 2019 | $20,787,942 | $162,443,746 | $163,219,483 | $25,867,861 | 4 |
About Valley Physicians Services PC
Based on IRS filings
Valley Physicians Services PC is a public charity focused on Health, based in Paramus, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $29.4M in total assets. In 2024, it awarded 1 grant totaling $28.5M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Valley Physicians Services PC is led by Audrey Meyers, President, CEO & Vhs since 2020 (on filings since 2019); 7 of 28 officers listed in 2024 are compensated.
Officers on the 2024 filing
Audrey Meyers
President, CEO & Vhs
President & CEO → President, CEO & Vhs, 2020
On filings since 2019
1.8 hrs/week
No compensation reported
Robert W. Brenner
President, CEO & Vhs
President & Clinical Integration → President, CEO & Vhs, 2024
On filings since 2020
3 hrs/week
No compensation reported
Suneet Mittal
Chair & Cardiology Services
New on the 2024 filing
40 hrs/week
$1.7M (2024)
Kevin Lobo
Chair
Trustee → Vice Chair, 2022
Vice Chair → Chair, 2023
On filings since 2019
0.1 hrs/week
No compensation reported
Juan Grau
Director & Cardiothoracic Surgery
On filings since 2021
40 hrs/week
$1.6M (2021) → $1.7M (2024)
Paul Burns
Surgical Director & Heart Failure
On filings since 2023
40 hrs/week
$1.5M (2023) → $1.6M (2024)
Bruce 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 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 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
Michael Rahmin MD
Physician
On filings since 2019
40 hrs/week
$990K (2019) → $1.2M (2024)
Robert Korst
Chief of Oncology Surgical Service
Chief of Oncology Surgery → Chief of Oncology Surg Service, 2022
Chief of Oncology Surg Service → Chief of Oncology Surgical Service, 2024
On filings since 2019
40 hrs/week
$844K (2019) → $992K (2024)
Gerald Sotsky
Associate Chair & Cardiology Services
Secretary & Treasurer → Chair & Cardiology Services, 2022
Chair & Cardiology Services → Associate Chair & Cardiology Services, 2024
On filings since 2021
40 hrs/week
$784K (2021) → $775K (2024)
Puneeta Sharma
Chief Medical Officer & Vmg
On filings since 2023
40 hrs/week
$572K (2023) → $623K (2024)
Ann Limberg
Vice Chair
Director → 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
Treasurer → Director, 2021
Director → Treasurer, 2022
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
William Klutkowski
Senior Vice President, Finance & CFO
Vice President & CFO → Senior Vice President, Finance & CFO, 2021
On filings since 2020
2 hrs/week
No compensation reported
Former officers (12)
- Former: Alex Zapolanski (2019–2023) — Physician
- Former: Edward B. Self MD (2019–2023) — Trustee
- Former: Steven Silverstein (2019–2023) — Trustee
- Former: Thomas Ahlborn MD (2019–2023) — Chair & Surgical Services
- Former: Robert W. Brenner President (2021–2023) — Clinical Integration & Physician Enterprise
- Former: David Strassberg (2019–2022) — Chair & Primary Care Services
- Former: Gail Matthews (2019–2021) — Treasurer
- Former: Richard Keenan (2020–2021) — Former Senior Vice President Finance & CFO
- Former: Ali Nasseri (2020) — Medical Director & Tvh Fertility Center
- Former: Barnett Rukin (2019) — Trustee
- Former: John Goncalves MD (2019) — Director Cardiac Surgery
- Former: Marc Melamed MD (2019) — Secretary
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 $1.7M, to Juan Grau (Director, Cardiothoracic Surgery). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Valley Physicians Services PC
How much does Valley Physicians Services PC give each year?
Valley Physicians Services PC gave $28.5M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $27.1M across 1 grant.
How large is Valley Physicians Services PC?
Valley Physicians Services PC reported $29.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $229.6M.
What is Valley Physicians Services PC?
Valley Physicians Services PC is a public charity focused on Health, based in Paramus, NJ. It holds $29.4M in total assets as of 2024.
Where does Valley Physicians Services PC operate?
Valley Physicians Services PC has awarded grants in New Jersey.
What is Valley Physicians Services PC's EIN?
Valley Physicians Services PC's EIN (Employer Identification Number) is 46-5285330. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS November 16, 2020)
- 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 2019–2024
Live grants for the work Valley Physicians Services PC funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Valley Physicians Services PC's focus areas in our free grants database
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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.
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$462K
Grants
1
Total Given
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