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The Valley Hospital Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222324554 ✦ Ridgewood, NJ ✦ Designated as a 501(c)(3)

Overview

What is The Valley Hospital Foundation Inc?

The Valley Hospital Foundation Inc, a philanthropic organization based in Ridgewood, New Jersey, supports Valley Health System by securing charitable contributions from individuals, corporations, foundations, and other funding entities. The Foundation addresses the needs of Valley Health System in four areas: construction costs for the hospital in Paramus, capital and technological improvements, clinical and translational research, and endowments. Valley Health System is a regional healthcare provider serving residents in Northern New Jersey and Southern New York, offering specialized services in cardiology, oncology, women's and children's services, emergency care, orthopedics, and neurosciences. The Foundation manages donations and distributes them to Valley Health System for the hospital's construction, capital improvements, medical technology, biomedical research, education, endowments, and special projects. Additionally, funds raised for Valley Home Care and Valley Medical Group support their respective programs and initiatives.


Official website here: www.valleyhospitalfoundation.org

Is The Valley Hospital Foundation Inc legitimate?

The Valley Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Valley Hospital Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $130,889
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.valleyhospitalfoundation.org

What is the mission statement of The Valley Hospital Foundation Inc?

The Valley Hospital Foundation Inc serves as the philanthropic arm of the Valley Health System. Its primary role is to collect charitable donations from individuals, corporations, foundations, and other funding entities. The organization manages these gifts and distributes them according to its charter. The funds raised for the hospital support various initiatives, including construction, capital improvements, medical technology, biomedical research, education, endowments, and special projects. For Valley Home Care, the funds contribute to programs such as hospice, Journeys, maternal child health, and endowments. Funds raised for Valley Medical Group are used to finance programs, capital improvements, medical technology, education, and special projects.


Official website here: www.valleyhospitalfoundation.org

Who is the CEO of The Valley Hospital Foundation Inc?

David Bohan is the Principal Officer of The Valley Hospital Foundation Inc.


Official website here: www.valleyhospitalfoundation.org

What is the revenue of The Valley Hospital Foundation Inc?

The Valley Hospital Foundation Inc's revenue in 2022 was $12,118,940.


Official website here: www.valleyhospitalfoundation.org

Who are the executives of The Valley Hospital Foundation Inc and what are their salaries?

Here are 27 key members and their salaries:

    Audrey Meyers (Trustee - Ex Officio)
  • Compensation: $0
  • Related: $3,974,039
  • Other: $49,572

    • Ephraim Casper Md (Trustee)
  • Compensation: $0
  • Related: $1,046,121
  • Other: $44,617

    • William Klutkowski (Sr. Vp, Finance & Cfo)
  • Compensation: $0
  • Related: $1,016,955
  • Other: $57,305

    • David J Bohan (Vice President & Cdo)
  • Compensation: $0
  • Related: $582,103
  • Other: $39,668

    • Victor Wortmann (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Gaglioti (Vice Chairman, Thru 6/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Gatto (Vice Chairman, Eff. 10/10/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter C Marron (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward M Rubin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy V Bush (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua L Abrams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel P Cummings (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Downey (Trustee - Ex Officio, Thru 6/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore L Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Holuba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Keyes (Trustee, Eff. 12/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph M Mastrangelo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Surya N Mohapatra (Trustee, Eff. 6/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lya Pfeifer Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yolla Rahal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Rakowski Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Sabino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa A Salameno (Trustee - Ex Officio, Eff. 6/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Seidler (Trustee, Eff. 10/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Marie Snyder (Trustee, Eff. 10/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Van Dyk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Wragge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.valleyhospitalfoundation.org

    Where can I find the form 990 for The Valley Hospital Foundation Inc?

    The The Valley Hospital Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.valleyhospitalfoundation.org

    Learn more at the official website: www.valleyhospitalfoundation.org

    Mission Statement of The Valley Hospital Foundation Inc

    The Valley Hospital Foundation Inc, a philanthropic entity, plays a pivotal role in supporting the Valley Health System. Its primary objective is to elicit and manage charitable donations from individuals, corporations, foundations, and other funding entities. These gifts are then distributed in accordance with the Foundation's charter, with funds raised for the hospital contributing towards construction, capital improvements, medical technology, biomedical research, education, endowments, and special projects. Funds raised for Valley Home Care support the programs of the agency, encompassing hospice, Journeys, maternal child health, and endowments. Separately, funds raised for Valley Medical Group are allocated to programs, capital improvements, medical technology, education, and special projects. The Valley Hospital Foundation Inc serves as a crucial bridge between donors and the Valley Health System, enabling the organization to enhance its capabilities and better serve its community.

    Impact

    This information is meant to be a general summary of The Valley Hospital Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Valley Hospital Foundation Inc plays a crucial role in supporting the Valley Health System by securing philanthropic gifts, grants, and bequests. These contributions provide vital funding for various needs within the Valley Health System, including construction costs for the Valley Hospital in Paramus, capital and technological improvements, clinical and translational research, and endowments.

    Valley Health System, a regional healthcare system serving residents in Northern New Jersey and Southern New York, comprises the Valley Hospital, Valley Home Care, and Valley Medical Group. The services offered range from cardiology, oncology, women's and children's services, emergency care, orthopedics, to neurosciences. As one of the most honored healthcare organizations in New Jersey, the Valley Health System greatly benefits from the support and fundraising efforts of The Valley Hospital Foundation Inc.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,032,413
  • Program Service Revenue: $0
  • Gross Receipts: $16,524,816

    • Assets and Liabilities:
  • Total Assets: $53,391,795
  • Total Liabilities: $2,031,305
  • Net Assets: $51,360,490
  • Organization Details

    Founding Year

    1980

    Principal Officer

    David Bohan

    Main Address

    223 NORTH VAN DIEN AVE, RIDGEWOOD, NJ, 07450

    NTEE Category

    Code: E22I - Health

    If you are a representative of The Valley Hospital Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.