Valley Physician Services Inc.
Valley Physician Services Inc.
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About this organization
Mission
On 1/1/17, Valley Physician Services, Inc. assigned their New Jersey physician contracts to Valley Physician Services, P.C. which is one of the captive corporations of Valley Physician Services, Inc. whose sole member is the Valley Hospital, Inc. Effective with the assignment of these contracts, Valley Physician Services, Inc. became a management services corporation providing services to the professional corporations.
About
On 1/1/17, Valley Physician Services, Inc. assigned their New Jersey physician contracts to Valley Physician Services, P.C. which is one of the captive corporations of Valley Physician Services, Inc. whose sole member is the Valley Hospital, Inc. Effective with the assignment of these contracts, Valley Physician Services, Inc. became a management services corporation providing services to the professional corporations Valley Physician Services, P.C., Valley Medical Services, P.C. and Valley Medical Services NY, P.C.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “To provide management services to the following professional corporations: valley physician services, p.c., valley medical services, p.c. , and valley physician services, ny, p.c.”.
When explaining its purpose, the activities were described as: “On 1/1/17, valley physician services, inc. assigned their new jersey physician contracts to valley physician services, p.c. which is one of the captive corporations of valley physician services, inc. whose sole member is the valley hospital, inc. effective with the assignment of these contracts, valley physician services, inc. became a management services corporation providing services to the professional corporations.”.
- The non-profit is legally allowed to operate in the state of NJ, as reported.
- The filing provides the non-profit's address in 2020 as 223 NORTH VAN DIEN AVE, RIDGEWOOD, NJ, 07450.
- The non-profit has a total of 867 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $489,653.
- The organization has 12 independent voting members.
- The organization was formed in 2002.
- The organization pays $54,178,178 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.