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VALLEY PHYSICIAN SERVICES NY PC

EIN 45-3125678 PARAMUS, NJ

Largest nonprofits in New Jersey

Revenue 2024
$8,082,733
Expenses 2024
$8,082,733

Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E30
Classification
1000
Street
15 ESSEX RD STE 506

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 506). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

TO ENGAGE IN THE RENDERING OF PROFESSIONAL SERVICES OF AND RELATED TO THE PRACTICE OF MEDICINE PURSUANT TO "THE PROFESSIONAL SERVICES CORPORATION ACT, AND TO SUPPORT AND CARRY OUT THE CHARITABLE PURPOSE OF VALLEY HEALTH SYSTEM, INC. THE ORGANIZATION ALSO PROVIDED STRATEGIC FUNDING TO VALLEY HOSPITAL, INC.

Activities or mission (Part I)

TO PROVIDE MEDICAL CARE AND TO CARRY OUT THE PURPOSES OF THE VALLEY HEALTH SYSTEM, INC.

  • THE ORGANIZATION PROVIDED MEDICAL CARE TO A TOTAL OF 43,052 PATIENTS IN 2024 IN THE FIELDS OF CLINICAL CARDIAC ELECTROPHYSIOLOGY, INTERNAL MEDICINE, AND CARDIOLOGY. THE ORGANIZATION ALSO PROVIDES STRATEGIC FUNDING TO VALLEY HOSPITAL, INC.

    Expenses $8,032,650 · Grants $427,396 · Revenue $8,082,712

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Audrey Meyers

    PRESIDENT/CEO, VHS, THRU JUNE 2024

    Total calculated
    $6,647,856
    From this org
    $0
    From related orgs
    $6,593,387
    Other
    $54,469
    Hours/week
    1.8 + 38.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,414,852 related
    Bonus
    $0 + $1,167,040 related
    Other
    $0 + $4,011,495 related
    Deferred
    $0 + $25,875 related
    Nontaxable benefits
    $0 + $28,594 related
    Filer's total
    $0 + $6,647,856 related
  • Robert W Brenner

    PRESIDENT/CEO, VHS, EFF. JULY 2024

    Total calculated
    $1,909,865
    From this org
    $0
    From related orgs
    $1,878,651
    Other
    $31,214
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,277,532 related
    Bonus
    $0 + $443,100 related
    Other
    $0 + $158,019 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $15,689 related
    Filer's total
    $0 + $1,909,865 related
  • Kevin Lobo

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Ann Limberg

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Frank J Sheehy

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Joseph Marion

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Denis Salamone

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Vincent Forlenza

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Judy Baselice

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • James Bush

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Michelle Hasson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • M Shawn Kennedy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Bruce Mactas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Michael McGuire

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Duane Sachs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Scott Schroeder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Jeffrey Tucker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Patricia Verduin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Wayne Wald Esq

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • Timothy Wentworth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1 + 0.5 related
  • William Klutkowski

    SR. VP, FINANCE & CFO

    Total calculated
    $1,305,782
    From this org
    $0
    From related orgs
    $1,252,548
    Other
    $53,234
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $830,046 related
    Bonus
    $0 + $309,631 related
    Other
    $0 + $112,871 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $29,084 related
    Filer's total
    $0 + $1,305,782 related
  • Dan Musat MD

    PHYSICIAN

    Total calculated
    $788,301
    From this org
    $776,123
    From related orgs
    $0
    Other
    $12,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $378,035
    Bonus
    $396,131
    Other
    $1,957
    Deferred
    $10,675
    Nontaxable benefits
    $1,503
    Filer's total
    $788,301
  • Tina Sichrovsky MD

    PHYSICIAN

    Total calculated
    $772,191
    From this org
    $720,272
    From related orgs
    $0
    Other
    $51,919
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $541,322
    Bonus
    $176,328
    Other
    $2,622
    Deferred
    $10,675
    Nontaxable benefits
    $41,244
    Filer's total
    $772,191
  • Advay Bhatt MD

    PHYSICIAN

    Total calculated
    $748,298
    From this org
    $695,878
    From related orgs
    $0
    Other
    $52,420
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $427,822
    Bonus
    $243,490
    Other
    $24,566
    Deferred
    $12,075
    Nontaxable benefits
    $40,345
    Filer's total
    $748,298
  • Mohammadali Habibi MD

    PHYSICIAN

    Total calculated
    $639,253
    From this org
    $623,823
    From related orgs
    $0
    Other
    $15,430
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $532,251
    Bonus
    $89,900
    Other
    $1,672
    Deferred
    $12,075
    Nontaxable benefits
    $3,355
    Filer's total
    $639,253

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $8,082,733
    Expenses
    $8,082,733
    Contributions
    $0
    Grants paid
    $427,396
  • 2023
    Revenue
    $11,354,450
    Expenses
    $11,354,450
    Contributions
    $12,059
    Grants paid
    $323,263
  • 2022
    Revenue
    $12,569,653
    Expenses
    $12,569,652
    Contributions
    $0
    Grants paid
    $3,347,152

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $9,742,651
    Expenses
    $9,742,650
    Assets (EOY)
    $2,226,917
  • 2020 · 990

    Revenue
    $8,811,608
    Expenses
    $8,811,609
    Assets (EOY)
    $3,073,417
  • 2019 · 990

    Revenue
    $8,106,516
    Expenses
    $8,106,516
    Assets (EOY)
    $2,426,850
  • 2018 · 990

    Revenue
    $7,420,358
    Expenses
    $7,639,793
    Assets (EOY)
    $2,113,528

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

  • VHS INSURANCE COMPANY LTD

    C · PROVIDES PROFESSIONAL, MEDICAL, AND COMMERCIAL GENERAL LIABILITY INSURANCE · CJ

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.