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Organizations Health Care The Valley Hospital Inc.

The Valley Hospital Inc.

Fiscal year ending 2021. Filed on November 15, 2022.

223 North Van Dien Avenue
Ridgewood, New Jersey 07450

The Valley Hospital Inc. (EIN: 22-1487307) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, The Valley Hospital Inc., a 501(c)(3) charitable organization, reported compensation for 12 out of 4,328 total employees. Among the employees shown here, the average compensation is $949,948. The highest compensated employee at The Valley Hospital Inc. is Richard Kennan with fiscal year 2021 compensation of $4,692,143.

Revenue, expenses, and employee compensation

Revenue

$1,000,529,103

Expenses

$855,859,930

Employee compensation

$344,729,669
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Kennan
Former Senior Vice President Finance/Cfo
$4,692,143
$0 $4,692,143 No other comp
Audrey Meyers
President and CEO, VHS
$1,761,757
$0 $1,715,221 $46,536
William Klutkowski
Senior Vice President, Finance and Chief Financial Officer
$763,502
$0 $709,400 $54,102
Joseph Yallowitz
Vice President and Chief Medical Officer
$726,761
$678,459 No related comp$48,302
David Bohan
Vice President and Chief Development Officer
$556,422
$519,079 No related comp$37,343
Karteek Bhavsar
Vice President, Administration
$531,094
$509,494 No related comp$21,600
Julia Karcher
Vice President, Administration
$518,674
$371,529 $104,315 $42,830
Ann Marie Leichman
SR Vp/Cno, Patient CARE SVCS
$460,971
$429,153 No related comp$31,818
Charles Vannoy
Vp/Cno, Patient CARE SVCS
$380,756
$339,560 No related comp$41,196
Julie Lo
Chief Physicist
$342,760
$307,552 No related comp$35,208
Bettyann Kempin
AVP, Oncology
$340,023
$293,694 No related comp$46,329
Brad Haspel
AVP, Ancillary Services
$324,509
$296,974 No related comp$27,535

Benchmark Employee Compensation

Non-Employee Board Members

Ann Limberg
Vice Chair and Secretary
Bruce MacTas
Trustee
Denis Salamone
Trustee
Duane Sachs
Trustee
Edward B Self, M.D.
Trustee
Frank J Sheehy
Vice Chair
James Bush
Trustee
Jeffrey S Tucker
Trustee
Joseph Marion
Treasurer
Judy Baselice
Trustee
Kevin Lobo
Vice Chair
M Shawn Kennedy
Trustee

Contractors

Torcon Inc.
General Contractor
$17,637,815
Hdr Architecture
Architectural
$4,676,959
Bergen Anesthesia Group PC
Anesthesia
$3,547,122
Vizient Inc
Temporary Staffing
$3,257,547
Mayo Collaborative Services Inc.
Laboratory
$1,801,635

Mission Statement

THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. THE VALLEY HOSPITAL IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE IN CLINICAL CARE, INNOVATION IN PROGRAMS AND TECHNOLOGY, AND PROVIDING A COMPASSIONATE AND RESPECTFUL ENVIRONMENT.

Revisions to this organization profile

November 13, 2025:
2024 The Valley Hospital Inc. 990 filed
November 4, 2024:
2023 The Valley Hospital Inc. 990 filed
November 13, 2023:
2022 The Valley Hospital Inc. 990 filed

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