Valley Physician Servcies Inc
72% goes to programs $0 to raise $100 Growing revenue
Valley Physician Servcies Inc is a 501(c)(3) organization based in Paramus, New Jersey, registered in 2005, with $150,006,896 in FY2024 revenue. CharityIndex grades it A, and it directs about 72% of spending to programs.
15 Essex Rd Ste 506, Paramus, NJ, 07652 EIN 32-0041186 Since 2005
Revenue (FY2024)
$150.0M
▲ 1.9% vs prior year
Health median: $840K
Expenses (FY2024)
$150.0M
Net assets
$40.0M
Employees
1,019
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating72% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Valley Physician Servcies Inc: 72% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Valley Physician Servcies Inc: 3 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Valley Physician Servcies Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Valley Physician Servcies Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide management services to related physician service organizations within valley health system, inc.
What they do
Valley physician services, inc. provides management services to valley physician services, pc. these services include human resource management, marketing and other administrative services.
Contact & location
- Address
- 15 Essex Rd Ste 506, Paramus, NJ, 07652
- City
- Paramus
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.2M (FY2013) to $150.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $167.7MNet assets $40.0M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$207.7M
Total liabilities
$167.7M
Net assets
$40.0M
Salaries & benefits
$73.8M
49% of expenses
Board members
19
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $150,006,896▲1.9% | $150,000,003▲12.6% | $39,981,768 | $207,706,781▲40.9% | 990 |
| 2023 | $147,203,133▲14.5% | $133,235,118▲3.5% | $39,981,776▲53.6% | $147,448,416▲46.1% | 990 |
| 2022 | $128,587,810▲8.7% | $128,703,563▲8.8% | $26,030,510 | $100,915,941▼8.3% | 990 |
| 2021 | $118,274,692▲11.2% | $118,255,224▲11.5% | $26,030,510 | $110,045,746▼8.8% | 990 |
| 2020 | $106,343,555▲0.8% | $106,089,689▲0.5% | $26,030,514 | $120,627,117▲14.1% | 990 |
| 2019 | $105,504,698▲7.5% | $105,584,692▲8.1% | $26,030,513 | $105,683,909▲187% | 990 |
| 2018 | $98,168,230▲3085% | $97,678,577▲24.6% | $26,030,513▲8.9% | $36,799,073▲6.7% | 990 |
| 2017 | $3,082,269▼97.5% | $78,377,687▼58.1% | $23,892,192▲67.6% | $34,494,591▼23.1% | 990 |
| 2016 | $123,116,203▲41.5% | $186,979,375▲34.2% | $14,252,256▼2.4% | $44,862,590▲22.7% | 990 |
| 2015 | $86,983,133▲45.6% | $139,380,787▲28.8% | $14,607,407▲83.9% | $36,548,166▲60.2% | 990 |
| 2014 | $59,731,680▲21.5% | $108,233,776▲29.3% | $7,944,437▼6.7% | $22,816,359▲8.1% | 990 |
| 2013 | $49,181,918 | $83,680,388▲131% | $8,516,438▲12.1% | $21,108,375▲26.5% | 990 |
| 2012 | — | $36,249,688▲96.0% | $7,595,418▲287% | $16,680,262▲182% | 990 |
| 2011 | — | $18,490,627▲136% | -$4,064,777▼127% | $5,912,531▲131% | 990 |
| 2010 | — | $7,850,586 | -$1,792,718 | $2,564,512 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Lourdes Hidalgo-gato — $231,367 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lourdes Hidalgo-gato | Executive Director, Vmg Operations | 40 | $231,367 |
| Carol Persley | Director, Amb Svcs Line Cardiology | 40 | $182,040 |
| Sharon Lamoreaux | Senior Embryologist | 40 | $180,386 |
| Carol Regardiz Director | Amb Svcs Line Womens & Childrens | 40 | $154,755 |
| Pamela Hofmann Director | Amb Svcs Line Surgical Services | 40 | $152,640 |
| Nicole Incorvaia Director | Amb Svcs Line Primary Care | 40 | $151,649 |
| Ann Limberg | Vice Chair | 0.1 | — |
| Audrey Meyers | President/ceo, Vhs, Thru June 2024 | 1.8 | — |
| Bruce Mactas | Trustee | 0.1 | — |
| Denis Salamone | Secretary | 0.1 | — |
| Duane Sachs | Trustee | 0.1 | — |
| Frank J Sheehy | Vice Chair | 0.1 | — |
| James Bush | Trustee | 0.1 | — |
| Jeffrey Tucker | Trustee | 0.1 | — |
| Joseph Marion | Treasurer | 0.1 | — |
| Judy Baselice | Trustee | 0.1 | — |
| Julia Karcher | Sr. Vp, Vhs/vmg | 35 | — |
| Kevin Lobo | Chair | 0.1 | — |
| Michael Mcguire | Trustee | 0.1 | — |
| Michelle Hasson | Trustee | 0.1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sullivan Cotter & Associates Inc | Quality Control Services | $757,180 |
| Zocdoc Inc | Document Storage Services | $756,420 |
| Batska Consulting Group LLC | Project Management Services | $739,154 |
| Vaya Workforce Solutions LLC | Staffing Services | $574,635 |
| Rsc Architects PA | Construction Services | $382,347 |
Grants received · $618.7M total
8 grants to Valley Physician Servcies Inc totaling $618.7M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Valley Hospital Inc | General support | 2024 | $130,744,481 |
| Valley Hospital Inc | General support | 2023 | $126,871,032 |
| Valley Hospital Inc | General support | 2022 | $96,532,031 |
| Valley Hospital Inc | General support | 2021 | $86,660,239 |
| Valley Hospital Inc | General support | 2020 | $78,883,801 |
| Valley Hospital Inc | General support | 2020 | $78,883,801 |
| Valley Physician Services PC | Strategic funding | 2020 | $9,648,216 |
| Valley Physician Services PC | Strategic funding | 2019 | $10,504,078 |
Grants made · $1.0M in FY2023
1 grant totaling $1.0M in FY2023. All grants made by Valley Physician Servcies Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Valley Hospital Foundation | General support | $1,000,000 |
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Frequently asked questions
- Is Valley Physician Servcies Inc a legitimate nonprofit?
- Yes. Valley Physician Servcies Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 32-0041186, based in Paramus, New Jersey. Donations are tax-deductible.
- What is Valley Physician Servcies Inc's EIN?
- Valley Physician Servcies Inc's Employer Identification Number (EIN) is 32-0041186.
- How much revenue does Valley Physician Servcies Inc report?
- Valley Physician Servcies Inc reported $150,006,896 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Valley Physician Servcies Inc's spending goes to programs?
- Valley Physician Servcies Inc spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Valley Physician Servcies Inc have?
- CharityIndex grades Valley Physician Servcies Inc A, based on program efficiency and fundraising cost.
- How much does Valley Physician Servcies Inc's highest-paid employee make?
- The highest reported compensation on Valley Physician Servcies Inc's latest Form 990 is $231,367, paid to Lourdes Hidalgo-gato (Executive Director, Vmg Operations).
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Data for Valley Physician Servcies Inc (EIN 32-0041186) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.