Valley Health System Inc.

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

223 North Van Dien Ave
Ridgewood, New Jersey 07450

Valley Health System Inc. (EIN: 22-2922016) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Valley Health System Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 473 total employees. Among the employees shown here, the average compensation is $1,238,919. The highest compensated employee at Valley Health System Inc. is Richard Keenan with fiscal year 2021 compensation of $4,692,143.

Revenue, expenses, and employee compensation

Revenue

$105,850,190

Expenses

$112,491,398

Employee compensation

$56,667,628

Reported Compensated Employees

＋292.0%vs 2020

Richard Keenan

Former Senior Vice President Finance/Cfo

$4,692,143

$4,692,143 from orgNo related compNo other comp

$1,715,221 from orgNo related comp$46,536 other

－4.5%vs 2020

Robert W Brenner

President, Clinical Integration

$1,303,430

$1,278,073 from orgNo related comp$25,357 other

－8.2%vs 2020

Peter W Diestel

President, VHS Operations

$1,008,771

$965,335 from orgNo related comp$43,436 other

－7.3%vs 2020

Ephraim S Casper, M.D.

Chief Medical Officer

$989,321

$947,492 from orgNo related comp$41,829 other

－4.2%vs 2020

Robin G Hollander

Senior Vice President, Legal Services

$849,006

$801,917 from orgNo related comp$47,089 other

＋6.6%vs 2020

William Klutkowski

Vice President Finance and CFO EFF 3/2021

$763,502

$709,400 from orgNo related comp$54,102 other

$606,188 from orgNo related comp$53,919 other

－0.8%vs 2020

Jose Balderrama

Vice President, Human Resources

$609,929

$576,774 from orgNo related comp$33,155 other

＋1.1%vs 2020

Joseph Lorino

Vice President, Facilities Management

$495,508

$460,161 from orgNo related comp$35,347 other

－4.8%vs 2020

Megan Fraser

Vice President, Communications/ Market

$494,636

$460,579 from orgNo related comp$34,057 other

Benchmark Employee Compensation

Non-Employee Board Members

Ann Limberg

Vice Chair and Secretary

Contractors

＋35.4%vs 2020

Spm Marketing & Communications LLC

Healthcare Marketing and Communications

Dispatch Health Management LLC

Home Health Care

$788,173

－28.1%vs 2019

Furman Roth Advertising

Advertising

$674,180

－10.9%vs 2019

North Jersey Media Group

Newspaper Advertising

$544,594

Mission Statement

VALLEY HEALTH SYSTEM IS A FULL SERVICE HEALTHCARE SYSTEM SERVING THE RESIDENTS OF NORTHERN NEW JERSEY. IT COMPRISES THE MANY PROGRAMS AND SERVICES OF THE VALLEY HOSPITAL, A FULL SERVICE HOME CARE AGENCY, VALLEY HOME CARE, AND COMMUNITY-BASED PRIMARY AND URGENT CARE CENTERS, VALLEY HEALTH MEDICAL GROUPS, THAT BRING QUALITY HEALTHCARE TO MANY COMMUNITIES OF BERGEN COUNTY.