New Jersey · Ranked 200 of 1033 by CEO pay.
The Valley Hospital
Robert W Brenner, President & CEO, Vhs Eff. July 2024. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
The chief executive's title on the filing indicates a change during the year (PRESIDENT & CEO, VHS EFF. JULY 2024); the pay shown is what the filing reports for that person, which may cover part of the year.
Most of the reported compensation ($1,878,651 of $1,909,865) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Audrey Meyers, President & CEO, Vhs Thru June 2024, $6,647,856. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $1,259,513,188
- Total expenses
- $1,190,122,608
- Net assets
- $1,788,625,875
- Employees
- 4,835
- Hospitals covered
- 1 facilities across 1 filing
- Charity care, net
- $10,128,050
- Bad debt
- $41,196,849
- Medicare surplus (shortfall), as filed
- ($142,947,166)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $1,878,651
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $31,214
- CEO total compensation (D+E+F)
- $1,909,865 to Robert W Brenner
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, The Valley Hospital, EIN 22-1487307, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($41.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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