2013-11-14T15:56:52-06:00 2012-12-31 271728945 O'CONNOR DAVIES LLP 15 ESSEX RD PARAMUS NJ 076521412 990 2012-01-01 222922016 VALLEY HEALTH SYSTEM INC VALL 2012916200 223 NORTH VAN DIEN AVE RIDGEWOOD NJ 07450 AUDREY MEYERS 2012916200 2013-11-14 1 EDWARD G O'CONNOR P00434443 2017129800 2012 2016-03-07 17:11:31Z AUDREY MEYERS 223 NORTH VAN DIEN AVE RIDGEWOOD NJ 07450 2241227 0 X WWW.VALLEYHEALTH.COM X 1988 NJ MANAGEMENT AND PLANNING SERVICES FOR ITS MEMBERS. 13 11 0 14 0 0 0 0 2150422 2240901 719 326 0 0 2151141 2241227 0 0 0 0 0 0 0 0 0 2151141 2241227 2151141 2241227 0 0 598964 1527357 766688 0 -167724 1527357 X VALLEY HEALTH SYSTEM IS A FULL SERVICE HEALTHCARE SYSTEM SERVING THE RESIDENTS OF NORTHERN NEW JERSEY. IT COMPRISES THE MANY PROGRAMS AND SERVICES OF THE VALLEY HOSPITAL, A FULL SERVICE HOME CARE AGENCY, VALLEY HOME CARE, AND COMMUNITY-BASED PRIMARY AND URGENT CARE CENTERS, VALLEY HEALTH MEDICAL GROUPS, THAT BRING QUALITY HEALTHCARE TO MANY COMMUNITIES OF BERGEN COUNTY. 0 0 1476612 2240901 HEALTH CARE DELIVERY & MANAGEMENT, GENERAL/OTHER: VALLEY HEALTH SYSTEM PROVIDES MANAGEMENT & PLANNING SERVICES FOR ITS MEMBERS: VALLEY HEALTH MEDICAL GROUP, THE VALLEY HOSPITAL, VALLEY HOME CARE. 1476612 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NJ X X LAURIE DEBENEDETTO 2012916200 223 NORTH VAN DIEN AVE RIDGEWOOD NJ 07450 ANN ALFORD 0.50 X 0 0 0 SUSAN VINIAR 0.50 X 0 0 0 DOUGLAS H DITTRICK 0.50 X X 0 0 0 VINCENT FORLENZA 0.50 X 0 0 0 GANEPOLA GANEPOLA MD 0.50 X 0 0 0 RUTH SCHULZE MD 0.50 X 0 0 0 MARC S MELAMED MD 0.50 X 0 0 0 AUDREY MEYERS 0.50 39.50 X X 0 1739839 445273 RICHARD J MOYNIHAN 0.50 X X 0 0 0 JOHN KANDRAVY ESQ 0.50 X X 0 0 0 RONALD E HERMANCE JR 0.50 X 0 0 0 DENIS SULLIVAN 0.50 X 0 0 0 JAMES CORNELL MD PHD 0.50 X 0 0 0 ROBERT E KELLY MD 0.50 X 0 0 0 0 1739839 445273 0 0 1 0 0 AFFILIATE COST ALLOCAT 900099 2240901 2240901 2240901 326 326 2241227 2240901 0 326 84990 84990 437570 437570 2448 2448 25200 25200 144517 144517 166795 166795 ALLOCATED SALARIES AND 1012012 1012012 WEB SITE 327045 327045 SOFTWARE 33495 33495 MEMBERSHIP DUES AND LIC 6855 6855 300 300 2241227 1476612 764615 0 596770 597096 0 928393 2194 1868 598964 1527357 766688 0 766688 0 X -167724 1527357 -167724 1527357 598964 1527357 X 0 1695081 X X 0 1 X 1 0 X 0 NET EQUITY OF UNCONSOLIDATED SUBSIDIARY 928393 F 928393 X 2241227 0 2241227 0 2241227 2241227 0 2241227 0 2241227 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR YEARS THAT ARE CLOSED DUE TO APPLICABLE STATUTE OF LIMITATIONS WHICH GENERALLY IS THREE YEARS FROM THE BALANCE SHEET DATE. 0 1 0 0 0 0 0 0 0 AUDREY MEYERS 0 464337 0 841322 0 434180 0 426129 0 19144 0 2185112 0 372300 PART I, LINE 4B AUDREY MEYERS RECEIVED PAYMENT OF $372,300 PAYMENT FROM SERP PLAN DURING 2012. THIS AMOUNT IS REPORTED ON PART II COLUMN F. AUDREY MEYERS CONTRIBUTED $393,129 IN 457(F) PLAN DURING 2012. THIS AMOUNT IS INCLUDED IN PART II COLUMN C IN ADDITION TO 401(K)/457(B) CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 VALLEY HEALTH SYSTEM'S FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY'S FINANCE COMMITTEE BEFORE IT WAS FILED. WHEN THE 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT'S SUBMITTED TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY'S FINANCE COMMITTE FOR ANY COMMENTS. THE FINANCE COMMITTEE REVIEWS THE 990 AND PROVIDES ANY COMMENTS. THE COMMENTS ARE REVIEWED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST ANNUALLY. IF A CONFLICT OF INTEREST EXISTS THE ORGANIZATION WILL NOTIFY MEMBERS OF MANAGEMENT OR THE GOVERNING BODY AND INVESTIGATE THE CONFLICT. IF IT IS DETERMINED THAT AN ACTUAL CONFLICT OF INTEREST EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE PART OF ANY DECISIONS ABOUT SUCH TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 VALLEY HEALTH SYSTEM, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.COM AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FROM 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: EQUITY IN NET LOSS OF SUBSIDIARY -3,519,328. TRANSFERS FROM AFFILIATES 5,214,409. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ESTABLISHING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. THE VALLEY HOSPITAL INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 221487307 PROVIDE HEALTHCARE PROGRAMS AND SERVICES TO ALL NJ 501(C)(3) 3 VALLEY HEALTH SYSTEM INC 1 THE VALLEY HOSPITAL FOUNDATION INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 222324554 SOLICIT, RECEIVE AND APPLY CONTRIBUTIONS FOR THE BENEFIT OF THE HOSPITAL NJ 501(C)(3) 7 VALLEY HEALTH SYSTEM INC 1 VALLEY HOME CARE INC 15 ESSEX ROAD PARAMUS NJ 07652 223208480 PROVIDE HOME CARE AND HOSPICE SERVICES TO RESIDENTS OF NORTHERN NJ NJ 501(C)(3) 9 VALLEY HEALTH SYSTEM INC 1 VALLEY MEDICAL SERVICES INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 223260998 PROVIDE THE VALLEY HOSPITAL WITH EMPLOYED PHYSICIANS AND CONSULTING SERVICES NJ 501(C)(3) 3 THE VALLEY HOSPITAL INC 0 VALLEY PHYSICIAN SERVICES INC 15 ESSEX ROAD PARAMUS NJ 07652 320041186 PROVIDE MEDICAL CARE AND CARRY OUT THE PURPOSES OF THE VALLEY HOSPITAL NJ 501(C)(3) 3 THE VALLEY HOSPITAL INC 0 VALLEY HEALTH MEDICAL GROUP NJPC 15 ESSEX ROAD PARAMUS NJ 07652 223475166 OPERATES URGENT/PRIMARY CARE CLINICS NJ N/A C 0 VALLEY HEALTH MEDICAL GROUP 15 ESSEX ROAD PARAMUS NJ 07652 223475233 OPERATES URGENT/PRIMARY CARE CLINICS NJ VALLEY HEALTH SYSTEM INC C -3489773 4346807 1.00000 1 VALLEY PHYSICIAN SERVICE NY PC 15 ESSEX ROAD PARAMUS NJ 07652 453125678 OPERATES URGENT/PRIMARY CARE CLINICS NY VALLEY HEALTH SYSTEM INC C -5177701 1454739 1.00000 1 VHS INSURANCE COMPANY LTD 010 MAIN STREET CAYMAN ISLANDS CJ 980408200 PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE CJ THE VALLEY HOSPITAL INC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 VALLEY HOSPITAL P 2068352 VALLEY HOME CARE INC P 129972 VALLEY HOSPITAL S 5214409 VALLEY HEALTH MEDICAL GROUP INC P 42577