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The Valley Hospital Foundation Inc

Ridgewood, New Jersey·EIN 22-2324554·NTEE E22I · Health Care·501(c)(3)·Filing year 2023

The Valley Hospital Foundation Inc's highest-paid officer, the Trustee - Ex Officio, was reported at $52,035 for 2023 (IRS Form 990), including base pay and other compensation.

Total revenue
$15M
Total assets
$53.2M
Total expenses
$17.8M
Reported officers
27

THE VALLEY HOSPITAL FOUNDATION IS THE PHILANTHROPIC COMPONENT OF VALLEY HEALTH SYSTEM. IT'S PRIMARY FUNCTION IS TO SECURE CHARITABLE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND OTHER FUNDING ENTITIES, TO MANAGE THOSE GIFTS, AND TO DISTRIBUTE THEM IN ACCORDANCE WITH ITS CHARTER. CHARITABLE FUNDS RAISED FOR THE HOSPITAL SUPPORT CONSTRUCTION, CAPITAL IMPROVEMENTS, MEDICAL TECHNOLOGY, BIOMEDICAL RESEARCH, EDUCATION, ENDOWMENTS, AND SPECIAL PROJECTS. FUNDS RAISED FOR VALLEY HOME CARE SUPPORT THE PROGRAMS OF THE AGENCY, SUCH AS HOSPICE, JOURNEYS, MATERNAL CHILD HEALTH, AND ENDOWMENTS. FUNDS RAISED FOR VALLEY MEDICAL GROUP SUPPORT PROGRAMS, CAPITAL IMPROVEMENTS, MEDICAL TECHNOLOGY, EDUCATION AND SPECIAL PROJECTS.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in New Jersey.

Trustee - Ex Officio
Board Member
25th percentile to median
$52k
Sr. Vp, Finance & CFO
25th percentile to median
$51k
Trustee
Board Member
25th percentile to median
$47k
Vice President & Cdo
10th to 25th percentile
$31k

Plus 23 unpaid individuals.

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Top pay as a share of expenses

In 2023, the highest total compensation at The Valley Hospital Foundation Inc equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.3%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

Common questions about The Valley Hospital Foundation Inc

What does the Board Member of The Valley Hospital Foundation Inc earn?

In 2023, the Board Member of The Valley Hospital Foundation Inc received $52,035 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Health Care organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at The Valley Hospital Foundation Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in New Jersey, the 2023 pay of the Board Member at The Valley Hospital Foundation Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at The Valley Hospital Foundation Inc equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

What are The Valley Hospital Foundation Inc's revenue and expenses?

In 2023, The Valley Hospital Foundation Inc reported $15M in total revenue and $17.8M in total expenses on its IRS Form 990.

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