Fiscal year ending 2024. Filed on May 14, 2025.
690 West German Street
Herkimer, New York 13350
Valley Health Development Corporation (EIN: 22-2607657) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Valley Health Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $545,632. The highest compensated employee at Valley Health Development Corporation is Lisa Betrus with fiscal year 2024 compensation of $545,632.
Revenue
Expenses
Employee compensation
No board members were reported during this fiscal year.
PRIOR TO 2023, VALLEY HEALTH DEVELOPMENT CORPORATION ISSUED TAX EXEMPT MORTGAGE REVENUE BONDS AND HELD A MORTGAGE NOTE FROM VALLEY HEALTH SERVICES, INC., A NOT-FOR-PROFIT RESIDENTIAL HEALTH CARE FACILITY. IN SEPTEMBER 2000, VALLEY HEALTH DEVELOPMENT CORPORATION ISSUED $8,795,000 IN TAX EXEMPT MORTGAGE REVENUE REFUNDING BONDS TO REFINANCE VALLEY HEALTH SERVICES', INC. EXISTING DEBT. VALLEY HEALTH DEVELOPMENT CORPORATION ADMINISTERED THE BOND PAYMENTS THROUGH THE BANK OF NEW YORK MELLON -NEW ALBANY, OHIO.
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