VALLEY PHYSICIAN SERVICES INC Charity Report

Public IRS 990 nonprofit record

VALLEY PHYSICIAN SERVICES INC

EIN 32-0041186 · Health Support (E60)

What they do

to PROVIDE MANAGEMENT SERVICES to THE FOLLOWING PROFESSIONAL CORPORATIONS: VALLEY PHYSICIAN SERVICES, P.C. and VALLEY PHYSICIAN SERVICES, NY, P.C.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.22%of revenue went to mission work72.2% of expenses · Program services

$100.00spent for every $100 of revenueRevenue covered expenses this year.

27.77%of revenue went to management and office costs27.8% of expenses

$1.38in assets for every $1 spent this yearSome assets cannot be spent right away.

87.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $257,276 for LOURDES HIDALGO-GATO (EXECUTIVE DIRECTOR, VMG OPERATIONS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$150,006,896

Mission workProgram services$108,338,89172.22% of revenue72.2% of expenses

ManagementOffice and general costs$41,661,11227.77% of revenue27.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$6,8930.00% of revenueShown in gray on the chart

Total expenses$150,000,003100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.2% mission · 27.8% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2023Expense mix: 71.9% mission · 28.1% management · 0.0% fundraisingTotal expenses: 90.51% of revenue

2022Expense mix: 73.7% mission · 26.3% management · 0.0% fundraisingTotal expenses: 100.09% of revenue

2021Expense mix: 75.2% mission · 24.8% management · 0.0% fundraisingTotal expenses: 99.98% of revenue

2020Expense mix: 78.2% mission · 21.8% management · 0.0% fundraisingTotal expenses: 99.76% of revenue

2019Expense mix: 77.8% mission · 22.2% management · 0.0% fundraisingTotal expenses: 100.08% of revenue

2018Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 99.50% of revenue

2017Expense mix: 80.3% mission · 19.7% management · 0.0% fundraisingTotal expenses: 2,542.86% of revenue

Money in and money out

Revenue$150,006,896

Expenses$150,000,003

Annual surplus $6,893 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$108,338,891 · 72.2% of expenses

Management and office costs$41,661,112 · 27.8% of expenses

See all reported dollar amounts

Revenue$150,006,896

Expenses$150,000,003

Assets$207,706,781

Income$150,006,896

Contributions$130,966,467

Mission work (program services)$108,338,891

Grants given$1,335,744

Average grant$445,248

Management and general$41,661,112

Accounting fees$46,847

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LOURDES HIDALGO-GATOEXECUTIVE DIRECTOR, VMG OPERATIONS · 40 hrs/week $257,276Base $231,367 · Other $25,909

CAROL PERSLEYDIRECTOR, AMB SVCS LINE CARDIOLOGY · 40 hrs/week $201,842Base $182,040 · Other $19,802

NICOLE INCORVAIA DIRECTORAMB SVCS LINE PRIMARY CARE · 40 hrs/week $192,979Base $151,649 · Other $41,330

CAROL REGARDIZ DIRECTORAMB SVCS LINE WOMENS & CHILDRENS · 40 hrs/week $186,424Base $154,755 · Other $31,669

SHARON LAMOREAUXSENIOR EMBRYOLOGIST · 40 hrs/week $185,731Base $180,386 · Other $5,345

PAMELA HOFMANN DIRECTORAMB SVCS LINE SURGICAL SERVICES · 40 hrs/week $170,151Base $152,640 · Other $17,511

AUDREY MEYERSPRESIDENT/CEO, VHS, THRU JUNE 2024 · 2 hrs/week $54,469Base · Other $54,469

WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO · 2 hrs/week $53,234Base · Other $53,234

JULIA KARCHERSR. VP, VHS/VMG · 35 hrs/week $45,403Base · Other $45,403

ROBERT W BRENNERPRESIDENT/CEO, VHS, EFF. JULY 2024 · 4 hrs/week $31,214Base · Other $31,214

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

LOURDES HIDALGO-GATOEXECUTIVE DIRECTOR, VMG OPERATIONS

CAROL PERSLEYDIRECTOR, AMB SVCS LINE CARDIOLOGY

NICOLE INCORVAIA DIRECTORAMB SVCS LINE PRIMARY CARE

CAROL REGARDIZ DIRECTORAMB SVCS LINE WOMENS & CHILDRENS

SHARON LAMOREAUXSENIOR EMBRYOLOGIST

PAMELA HOFMANN DIRECTORAMB SVCS LINE SURGICAL SERVICES

AUDREY MEYERSPRESIDENT/CEO, VHS, THRU JUNE 2024

WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO

JULIA KARCHERSR. VP, VHS/VMG

ROBERT W BRENNERPRESIDENT/CEO, VHS, EFF. JULY 2024

MICHELLE HASSONTRUSTEE

WAYNE WALD ESQTRUSTEE

VINCENT FORLENZACHAIR EMERITUS

TIMOTHY WENTWORTHTRUSTEE

ANN LIMBERGVICE CHAIR

SCOTT SCHROEDERTRUSTEE

PATRICIA VERDUINTRUSTEE

BRUCE MACTASTRUSTEE

DENIS SALAMONESECRETARY

FRANK J SHEEHYVICE CHAIR

MICHAEL MCGUIRETRUSTEE

M SHAWN KENNEDYTRUSTEE

DUANE SACHSTRUSTEE

KEVIN LOBOCHAIR

JUDY BASELICETRUSTEE

JOSEPH MARIONTREASURER

JEFFREY TUCKERTRUSTEE

JAMES BUSHTRUSTEE

About this charity

Recognized since: January 2005
Location: 15 ESSEX RD STE 506, PARAMUS, NJ 07652-1458
County: Bergen
In care of: % THE VALLEY HOSPITAL
Primary officer: WILLIAM KLUTKOWSKI, SR. VP, FINANCE & CFO

How to reach them

WebsiteVisit the charity’s website Phone(201) 447-8000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Health Support (E60)
IRS tax category: Health Support
Grant-giving organization: Yes

VALLEY PHYSICIAN SERVICES INC

VALLEY PHYSICIAN SERVICES INC

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

Full charity research is waiting at CharityEZ

Find charities near you