Nonprofit · EIN 22-2511614
VALLEY HEALTH SERVICES INC
Tax-exempt · HERKIMER, NY 13350
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,724,606 | $17,109,732 | -$2,385,126 | $9,927,182 | $13,640,361 | -$3,713,179 |
| December 31, 2023 | 990 | $14,739,446 | $15,948,044 | -$1,208,598 | $8,930,958 | $10,162,973 | -$1,232,015 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $233,631
- of which government grants
- $100,778
- Program service revenue
- $14,481,534
- Investment income
- $9,441
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $630,167
- Other salaries and wages
- $9,989,636
- Salaries, compensation and benefits (total)
- $12,292,255
- Professional fundraising fees
- $0
- Legal fees
- $14,198
- Accounting fees
- $28,850
- Occupancy
- $312,932
- Depreciation
- $244,815
- Program services (functional)
- $14,990,264
- Management and general (functional)
- $2,119,468
Balance sheet and other
- Total assets, start of year
- $8,930,958
- Total assets, end of year
- $9,927,182
- Total liabilities, end of year
- $13,640,361
- Net assets, end of year
- -$3,713,179
- Land, buildings and equipment
- $1,533,371
- Net assets without donor restrictions
- -$3,817,152
- Net assets with donor restrictions
- $103,973
- Gross receipts
- $14,724,606
- Employees
- 404
- Volunteers
- 15
- Year formed
- 1984
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Lisa M Betrus | SVP Chief Strategy & Transformation Officer Key employee | 40 | $518,868 | $0 | $26,764 |
| Craig Faerber | Interim Network CFO Officer | 2 | $0 | $524,460 | $0 |
| Veronica Adams | LPN Charge Highest-paid employee | 40 | $197,054 | $0 | $11,986 |
| Melissa Ippolito | Director of Nursing Highest-paid employee | 40 | $168,543 | $0 | $11,282 |
| Michael R Treen | CFO Officer | 2 | $0 | $131,412 | $11,608 |
| Jackie Metz | RN Supervisor Highest-paid employee | 40 | $126,928 | $0 | $1,816 |
| Joanna Boyles | Care Coord RN Highest-paid employee | 40 | $121,117 | $0 | $5,964 |
| Bryan Ehlinger | VHS Administrator BHN Officer | 40 | $111,299 | $0 | $15,209 |
| Michelle Phillips | Care Coord RN Highest-paid employee | 40 | $112,167 | $0 | $9,410 |
| Marianne E O'Donnell | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Robert N Basloe | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Alan Vincent | Board Member (As of 8/24) Trustee or director | 2 | $0 | $0 | $0 |
| Anna Lyga | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Connie A Jastremski | Chair Trustee or director | 2 | $0 | $0 | $0 |
| Curtis Pearsall | Board Member Trustee or director | 2 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Delores Caruso | Board Member (As of 8/24) Trustee or director | 2 | $0 |
| James Seward | Board Member Trustee or director | 2 | $0 |
| Jeffrey J Woeppel | Board Member Trustee or director | 2 | $0 |
| John P Militello | Vice Chair Trustee or director | 2 | $0 |
| Judith Gorman | Board Member Trustee or director | 2 | $0 |
| Kathleen A Horn | Board Member Trustee or director | 2 | $0 |
| Kathleen Marollo | Board Member Trustee or director | 2 | $0 |
| Linda Talerico | Board Member Trustee or director | 2 | $0 |
| Marybeth McCall MD | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LISA M BETRUS | PRESIDENT Officer | 39 | $393,317 | $0 | $22,351 |
| MICHAEL R TREEN | CFO Officer | 40 | $0 | $129,203 | $17,652 |
| BRYAN EHLINGER | ADMINISTRATOR Officer | 40 | $103,130 | $0 | $8,953 |
| CONNIE JASTREMSKI | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN MILITELLO | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HARRY J ENEA JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARIANNE O'DONNELL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHLEEN A HORN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY WOEPPEL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANNA LYGA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT N BASLOE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JUDITH GORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN A MAROLLO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CURTIS M PEARSALL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 690 W GERMAN ST, HERKIMER, NY 13350-2135
- In care of
- % SANDRA MACDONALD
- Principal officer (990 for 2024)
- CONNIE A JASTREMSKI, 690 W GERMAN STREET, HERKIMER, NY 13350
- Signed the 990
- MICHAEL R TREEN, CFO
- Phone
- (315) 866-3330
- Website
- WWW.VALLEYHEALTHSERVICES.ORG
- Return prepared by
- KPMG LLP
Mission
THE MISSION OF VALLEY HEALTH SERVICES, INC. IS TO PROVIDE QUALITY, PERSON CENTERED REHABILITATIVE, LONG-TERM AND PALLIATIVE CARE THROUGH DIVERSE PROGRAMS DESIGNED TO PROMOTE HEALTH AND INDEPENDENCE.
Program accomplishments
- SKILLED NURSING, LONG-TERM CARE SHORT-TERM INPATIENT AND REHABILITATION AND SUB-ACUTE CARE, PHYSICAL THERAPY O OCCUPATIONAL THERAPY, SPEECH THERAPY, WOUND CARE, IV THERAPY OUTPATIENT REHABILITATION, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, CARDIAC REHABILITATION, SPEECH THERAPY, OSTEOPOROSIS MANAGEMENT THE18-SLOT OFFSITE MEDICAL MODEL ADULT DAY CARE PROGRAM IN LITTLE FALLS HAS RESUMED SERVICE FOLLOWING THE CLOSING OF SERVICES AT THE PEAK OF COVID-19. THE 12-SLOT ONSITE ADULT DAY CARE MEDICAL MODEL SITE IS HOPING TO RESUME SERVICES AT SOME POINT IN THE FUTURE. SPEECH THERAPY, IV THERAPY, CARDIAC REHABILITATION, PALLIATIVE CARE AND OSTEOPOROSIS MANAGEMENT ARE UNIQUE SERVICES TO THE GREATER HERKIMER AREA AVAILABLE AT VHS, INC. APPROXIMATELY 55% OF VALLEY HEALTH SERVICES REVENUE IS DERIVED FROM MEDICAID. AS SUCH, VHS, INC., INCURS AN APPROXIMATE SHORTFALL OF $65 PER PATIENT DAY REIMBURSED BY THE NYS MEDICAID SYSTEM. AN IN-HOUSE "NEEDY RESIDENT" FUND PROVIDES MONEY FOR INCIDENTAL ITEMS DESIRED BY RESIDENTS. ADDITIONALLY, VHS OPERATES ITS OWN CNA CLASS. VHS' STAFF ALSO WORKS WITH RESIDENTS, RESIDENTS' FAMILY MEMBERS AND OUTPATIENTS AS REQUESTED TO ADDRESS ELIGIBILITY FOR FEDERAL, STATE AND LOCAL ASSISTANCE FOR ISSUES INVOLVING PATIENT CARE. VHS WORKS WITH CAREER CONNECTIONS OF THE HERKIMER ARC TO MATCH THEIR CLIENTS' SKILLS WITH AVAILABLE JOB OPPORTUNITIES. VHS HAS RESUMED SOME ANNUAL FUNDRAISING ACTIVITIES. THEY HAVE PARTICIPATED IN THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTY "MOHAWK VALLEY GIVES" PROGRAM.Expenses $14,990,264 · revenue $14,481,534
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2511614
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E91Z)
- Assets (IRS master file)
- $9,927,182
- Income (IRS master file)
- $14,724,606
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,724,606 | $17,109,732 | $9,927,182 | XML |
| 990 | December 2023 | $14,739,446 | $15,948,044 | $8,930,958 | XML |
| 990 | December 2022 | $12,972,285 | $15,729,258 | $7,440,406 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2511614).
Questions about VALLEY HEALTH SERVICES INC
- What is the EIN of VALLEY HEALTH SERVICES INC?
- The employer identification number (EIN) of VALLEY HEALTH SERVICES INC is 22-2511614.
- Is VALLEY HEALTH SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to VALLEY HEALTH SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY HEALTH SERVICES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY HEALTH SERVICES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY HEALTH SERVICES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VALLEY HEALTH SERVICES INC?
- The 990 for the year ended December 31, 2024 names CONNIE A JASTREMSKI.
- Who are the officers and directors of VALLEY HEALTH SERVICES INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 7 received compensation from the organization, the highest $518,868 (Lisa M Betrus, SVP Chief Strategy & Transformation Officer).
- How much revenue does VALLEY HEALTH SERVICES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,724,606, expenses of $17,109,732 and total assets of $9,927,182 at year end.
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- VALLEY RESIDENTIAL SERVICES INC EIN 46-3703838 · last filed 990 for 2024
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- HERKIMER AFFORDABLE HOUSING INC EIN 82-1235634 · last filed 990 for 2024
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