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VALLEY PHYSICIAN SERVICES PC

EIN 46-5285330 PARAMUS, NJ

Largest nonprofits in New Jersey

Revenue 2024
$229,614,679
Expenses 2024
$230,915,450

Program services were 92.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E19
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.

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 572,644 PATIENTS IN 2024 IN THE FIELDS OF INTERNAL MEDICINE, FAMILY MEDICINE, AND CARDIOLOGY. THE ORGANIZATION ALSO PROVIDED STRATEGIC FUNDING TO VALLEY HOSPITAL, INC.

    Expenses $212,938,103 · Grants $28,475,490 · Revenue $229,590,074

As filed on the 2024 return.

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
    2 + 38 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
  • Gerald Sotsky

    ASSOCIATE CHAIR, CARDIOLOGY SERVICES

    Total calculated
    $823,429
    From this org
    $774,758
    From related orgs
    $0
    Other
    $48,671
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $582,780
    Bonus
    $154,500
    Other
    $37,478
    Deferred
    $12,075
    Nontaxable benefits
    $36,596
    Filer's total
    $823,429
  • Puneeta Sharma

    CHIEF MEDICAL OFFICER, VMG

    Total calculated
    $654,114
    From this org
    $622,732
    From related orgs
    $0
    Other
    $31,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $516,022
    Bonus
    $105,000
    Other
    $1,710
    Deferred
    $6,708
    Nontaxable benefits
    $24,674
    Filer's total
    $654,114
  • Juan Grau

    DIRECTOR, CARDIOTHORACIC SURGERY

    Total calculated
    $1,790,692
    From this org
    $1,745,095
    From related orgs
    $0
    Other
    $45,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,517,193
    Bonus
    $200,000
    Other
    $27,902
    Deferred
    $12,075
    Nontaxable benefits
    $33,522
    Filer's total
    $1,790,692
  • Suneet Mittal

    CHAIR, CARDIOLOGY SERVICES

    Total calculated
    $1,734,627
    From this org
    $1,673,228
    From related orgs
    $0
    Other
    $61,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,321,088
    Bonus
    $324,238
    Other
    $27,902
    Deferred
    $14,107
    Nontaxable benefits
    $47,292
    Filer's total
    $1,734,627

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
    $229,614,679
    Expenses
    $230,915,450
    Contributions
    $0
    Grants paid
    $28,475,490
  • 2023
    Revenue
    $208,224,307
    Expenses
    $208,224,307
    Contributions
    $454,857
    Grants paid
    $27,076,288
  • 2022
    Revenue
    $200,994,425
    Expenses
    $204,135,773
    Contributions
    $0
    Grants paid
    $47,852,914

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
    $185,170,254
    Expenses
    $188,262,236
    Assets (EOY)
    $21,972,839
  • 2020 · 990

    Revenue
    $156,131,506
    Expenses
    $158,376,597
    Assets (EOY)
    $24,664,339
  • 2019 · 990

    Revenue
    $162,443,746
    Expenses
    $163,219,483
    Assets (EOY)
    $20,787,942
  • 2018 · 990

    Revenue
    $149,157,797
    Expenses
    $149,157,797
    Assets (EOY)
    $14,158,195
  • 2017 · 990

    Revenue
    $133,363,494
    Expenses
    $133,453,106
    Assets (EOY)
    $17,781,707

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

  • Exemption revoked 15 May 2017, reinstated 15 September 2017.

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.