2011-11-15T10:10:26-06:00 2010-12-31 O'CONNOR DAVIES MUNNS & DOBBINS LLP 15 ESSEX RD PARAMUS NJ 076521412 990 2010-01-01 222922016 VALLEY HEALTH SYSTEM INC VALL 2012916200 223 NORTH VAN DIEN AVE RIDGEWOOD NJ 07450 AUDREY MEYERS 2012916200 2011-11-15 1 BRIAN M FLYNN 2017129800 2010 2016-03-07 17:11:31Z AUDREY MEYERS 223 NORTH VAN DIEN AVE RIDGEWOOD NJ 07450 1952343 0 X WWW.VALLEYHEALTH.COM X 1988 NJ MANAGEMENT AND PLANNING SERVICES FOR ITS MEMBERS. 13 11 0 0 0 0 0 0 1857287 1951285 7645 1058 0 0 1864932 1952343 0 0 0 0 125904 0 0 0 0 1739028 1952343 1864932 1952343 0 0 653703 598934 0 463386 653703 135548 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 1078135 1951285 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. 1078135 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 1 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 THE VALLEY HOSPITAL 2014478000 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 0 0 0 STEVEN J CORWIN MD 0.50 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 0.50 X 0 0 0 AUDREY MEYERS 2.00 X X 0 1424778 5335 RICHARD J MOYNIHAN 0.50 X X 0 0 0 JOHN KANDRAVY ESQ 0.50 X 0 0 0 RONALD E HERMANCE JR 0.50 X 0 0 0 DENNIS SULLIVAN 0.50 X 0 0 0 0 1424778 5335 0 0 1 0 0 AFFILIATE COST ALLOCAT 900099 1951285 1951285 1951285 1058 1058 1952343 1952343 0 0 109112 109112 243767 243767 25200 25200 197176 197176 PAYROLL AND BENEFITS RE 819381 819381 WEB SITE 408065 408065 INSURANCE 136282 136282 OTHER EXPENSE 13360 13360 1952343 1078135 874208 0 595082 596053 54742 3879 2881 653703 598934 0 463386 0 463386 X 653703 135548 653703 135548 653703 598934 X 0 -518155 X X 0 1 1 X 0 X 0 NET DEFICIT OF UNCONSOLIDATED SUBSIDIARY 463386 463386 1952343 1952343 0 -27 -518128 -518155 -518155 1952343 0 1952343 0 1952343 1952343 0 1952343 0 1952343 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT OF VHS IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FOR INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. CONSEQUENTLY, IN THE OPINION OF MANAGEMENT, ADOPTION OF FIN 48 SHOULD NOT HAVE A SIGNIFICANT EFFECT ON VHS. VHS' CURRENT ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. PART XI, LINE 8 - OTHER ADJUSTMENTS: EQUITY IN NET LOSS OF SUBSIDIARIES EQUITY TRANSFERS FROM AFFILIATES 0 0 0 0 0 0 0 0 0 AUDREY MEYERS 0 756811 0 313114 0 354853 0 0 0 5335 0 1430113 0 0 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. 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 TO FROM 990 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 5: NET UNREALIZED LOSSES ON INVESTMENTS: -27. EQUITY IN NET LOSS OF SUBSIDIARIES -1,734,381. EQUITY TRANSFERS FROM AFFILIATES 1,216,253. TOTAL TO FORM 990, PART XI, LINE 5: -518,155. FORM 990 PART XI 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 N/A 0 THE VALLEY HOSPITAL FOUNDATION INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 223475166 SOLICIT, RECEIVE AND APPLY CONTRIBUTIONS FOR THE BENEFIT OF THE HOSPITAL NJ 501(C)(3) 7 N/A 0 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 N/A 0 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 N/A 0 VALLEY PHYSICIAN SERVICES INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 320041186 PROVIDE MEDICAL CARE AND CARRY OUT THE PURPOSES OF THE VALLEY HOSPITAL NJ 501(C)(3) 3 N/A 0 VALLEY HEALTH MEDICAL GROUP NJPC 15 ESSEX ROAD PARAMUS NJ 07652 223475166 OPERATES URGENT/PRIMARY CARE CLINICS IN NORTHEAST NEW JERSEY NJ C VALLEY HEALTH MEDICAL GROUP 15 ESSEX ROAD PARAMUS NJ 07652 223475233 OPERATES URGENT/PRIMARY CARE CLINICS IN NORTHEAST NEW JERSEY NJ C 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 VALLEY HEALTH MEDICAL GROUP B 1216253 VALLEY HEALTH MEDICAL GROUP P 37074 VALLEY HOSPITAL P 1801036 VALLEY HOME CARE P 113175 VALLEY HOSPITAL R 1216253