Operating record

Valley Health System Inc

Paramus, NJ · EIN 22-2922016 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$81,282,380$83,068,265−$1,785,8850.251%
2021$105,850,190$112,491,398−$6,641,2080.338%
2022$103,066,284$103,335,974−$269,6900.550%
2023$128,515,021$129,561,470−$1,046,4490.343%

In its most recent public year (2023), this organization spent $1,046,449 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 43% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗