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Valley Home CARE

Paramus, NJ · EIN 22-3208480 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Valley Home CARE reported $76.7 million in revenue and $62.9 million in expenses for calendar year 2024. Of every $100 it spent, $78.06 went to program services, $21.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.6% of the total. The highest compensation it reported for one person was $6,647,856 (PRESIDENT/CEO, VHS, THRU JUNE 2024). 182 people received more than $100,000 in reportable compensation. Revenue rose 32% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $63M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $77M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
78.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
21.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
89.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$6,647,856$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
10.57%1.34%
People paid over $100,000
Part VII, line 2
18227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.76.6
Independent voting board members
Part VI 1a–1b
18 of 1988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$26M expenses · 52.7% of program spending · revenue $42M

Valley Home Care provides in home medical care to the residents of passaic and bergen county. In 2024, Valley Home Care made an estimated 187,000 home visits to over 11,800 patients. These patients with a multitude of medical conditions vary in age from newborn to the elderly. The vast majority (77%) of these patients are medicare and medicaid participants with the balance of the patients being commercial insurance, self pay or charity care. Valley Home Care provides this care with over 400 dedicated staff members, including nurses, therapists, social workers, home health aides and various…

$20M expenses · 40.4% of program spending · revenue $24M

The valley hospice provides end of life care to patients in passaic and bergen county. The valley hospice assists over 1,440 patients and families makes over 90,000 home visits each year. The valley hospice not only provides comfort and medical care to its patients with highly trained clinical staff, but also helps the family in coping with the loss of a loved one. This is accomplished through many programs which are available such as the bereavement program, which helps the family cope with the situation. Also, the journeys program, which is an art therapy program to help the children and…

$2.3M expenses · 4.8% of program spending · revenue $1.6M

Valley Home Care other program refers to the outpatient rehabilitation service with over 15,100 visits provided to needed patients helping them to stay in their home

$1.0M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO, VHS, THRU JUNE 2024
Director/trustee, officer, 1.80 hrs/week
$0$6,593,387$54,469$6,647,856
PRESIDENT/CEO, VHS, EFF. JULY 2024
Director/trustee, officer, 4.00 hrs/week
$0$1,878,651$31,214$1,909,865
SR. VP, FINANCE & CFO
Officer, 2.00 hrs/week
$0$1,252,548$53,234$1,305,782
VP, HOME CARE
Key employee, 40.00 hrs/week
$0$488,764$37,118$525,882
DIRECTOR, CLINICAL SERVICES
Highest compensated employee, 40.00 hrs/week
$244,623$0$39,413$284,036
FORMER HIGHLY COMPENSATED EMPLOYEE
Former, 0.00 hrs/week
$262,925$0$0$262,925
PHYSICAL THERAPIST
Highest compensated employee, 40.00 hrs/week
$173,818$0$40,885$214,703
ADMISSION NURSE
Highest compensated employee, 40.00 hrs/week
$205,867$0$2,511$208,378

182 people received more than $100,000 in reportable compensation from Valley Home CARE (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$77M$63M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$77M$63M78.1%$88M$6,647,856
2023 ⓘ$69M$61M77.3%$73M$2,932,436
2022 ⓘ$66M$59M80.5%$59M$4,023,611
2021 ⓘ$64M$52M78.9%$58M$4,692,143
2020 ⓘ$56M$48M78.4%$45M$1,887,469
2019 ⓘ$58M$80M87.0%$36M$1,753,828

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5495
  • Volunteers Part I, line 644

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CHRISTIAN HEALTH CARE CENTER
Nursing home services
$485,153
HOME CARE HOME BASE
Software and maintenance services
$422,697
MCBEE ASSOCIATES INC
Medical services/review
$358,312
CHECKIT MEDICAL
Medical services
$254,306
MEDALOGIX LLC
Software and licencsing fees
$252,388

Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Valley Home CARE totaling $11,618 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Valley Home CARE's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Valley Home CARE, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New Jersey

Questions people ask

How much of Valley Home CARE's spending goes to programs?

In calendar year 2024, Valley Home CARE reported that 78.1% of its $62.9 million in expenses went to program services, 21.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Valley Home CARE pay its top executive?

The largest total compensation Valley Home CARE reported for one person in calendar year 2024 was $6,647,856, for the role of PRESIDENT/CEO, VHS, THRU JUNE 2024 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Valley Home CARE get its money?

Of $76.7 million in revenue in calendar year 2024, 1.1% came from contributions and grants and 89.6% from program service revenue (Form 990, Part VIII).

Is Valley Home CARE a registered charity?

The IRS lists EIN 22-3208480 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513179349303886 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403099349302940 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333169349300833 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349312897 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349310014 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349304062 · read the filing

All filings for EIN 22-3208480: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.