Valley Health Services Inc is located in Herkimer, NY. The organization was established in 1984. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Valley Health Services Inc employed 391 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Health Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Valley Health Services Inc generated $14.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $14.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AT THE HEART OF VALLEY HEALTH SERVICES, INC. IS OUR COMMITMENT TO PROVIDING ACCESS TO A CONTINUUM OF LONG-TERM CARE SERVICES WHEN FAMILIES NEED IT. IN AN EFFORT TO PROVIDE QUALITY, PERSON-CENTERED CARE AND MAKE A DIFFERENCE IN THE LIVES OF OUR RESIDENTS AND THEIR FAMILIES,WE ENSURE OUR RESIDENTS A HOME-LIKE ENVIRONMENT SO THEY CAN EXPERIENCE COMFORT AND PRIVACY. INPATIENT AND OUTPATIENT SERVICES ARE OFFERED TO THE RESIDENTS OF HERKIMER AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVOLVING FROM A 32-BED TO A 160-BED, LONG-TERM CARE AND REHABILITATIVE FACILITY SINCE ITS FOUNDING IN 1984, VALLEY HEALTH SERVICES, INC. IS A MAJOR HEALTHCARE PROVIDER AND VITAL COMMUNITY ASSET. THE PRIVATELY OWNED, NOT-FOR-PROFIT ORGANIZATION LOCATED IN HERKIMER, NEW YORK, PROVIDES CARE TO A LARGELY RURAL POPULATION AND IS THE EIGHTH LARGEST EMPLOYER IN HERKIMER COUNTY.A COMFORTABLE, HEALTHY ENVIRONMENT WITH QUALIFIED STAFF WHO PLACE AN EQUAL EMPHASIS ON MIND, BODY AND SPIRIT DEFINES THE CARE AT VALLEY HEALTH SERVICES INC. SERVICES AVAILABLE INCLUDE:- SKILLED NURSING, LONG-TERM CARE- SHORT-TERM INPATIENT REHABILITATION AND SUBACUTE CARE PHYSICAL THERAPY OCCUPATIONAL THERAPY SPEECH THERAPY WOUND CARE IV THERAPY- OUTPATIENT REHABILITATION PHYSICAL THERAPY OCCUPATIONAL THERAPY CARDIAC REHABILITATION SPEECH THERAPY OSTEOPOROSIS MANAGEMENT- THE 12 SLOT ONSITE ADULT DAY CARE MEDICAL PROGRAM AND AN 18 SLOT OFFSITE MEDICAL MODEL ADULT DAY CARE PROGRAM IN LITTLE FALLS WAS CANCELLED DUE TO COVID-19 PANDEMIC. OPERATIONS HAVE NOT RESUMED TO DATE. SPEECH THERAPY, IV THERAPY, CARDIAC REHABILITATION, PALLIATIVE CARE, AND OSTEOPOROSIS MANAGEMENT ARE UNIQUE SERVICES TO THE GREATER HERKIMER AREA AVAILABLE AT VALLEY HEALTH SERVICES INC.APPROXIMATELY 54% VALLEY HEALTH SERVICES, INC. REVENUE IS DERIVED FROM MEDICAID. AS SUCH, VALLEY HEALTH SERVICES, INC. INCURS AN APPROXIMATE SHORTFALL OF $63 PER PATIENT DAY REIMBURSED BY THE NEW YORK STATE MEDICAID SYSTEM. VHS HAS AN IN-HOUSE "NEEDY RESIDENT" FUND PROVIDES MONEY FOR INCIDENTAL ITEMS DESIRED BY RESIDENTS.VALLEY HEALTH SERVICES, INC. HUMAN RESOURCES STAFF AND DIRECTOR OF COMMUNITY LIFE PARTICIPATED IN CAREER FAIRS WITH HERKIMER COUNTY WORKING SOLUTIONS, HERKIMER COLLEGE AND LPN PROGRAM AT HERKIMER COUNTY BOCES.THE DEPARTMENTS OF REHABILITATION THERAPY AND SOCIAL SERVICES PROVIDED CLINCIAL SUPERVISION TO COLLEGE INTERNS. VALLEY HEALTH SERVICES, INC.'S ADMINISTRATOR, KATHY EISENHUT, IS REPRESENTED ON THE BOARD OF HERKIMER COUNTY HEALTHNET AS WELL AS HEALTHNET'S LONG-TERM CARE COMMITTEE. IN ADDITION, PRESIDENT, LISA BETRUS, SERVES ON THE FOLLOWING NONPROFIT BOARDS: - AT HOME CARE, INC. - THE STANLEY THEATER - MOHAWK VALLEY REGIONAL ECONOMIC DEVELOPMENT COUNCIL - WORKFORCE INVESTMENT BOARD OF HERKIMER, MADISON AND ONEIDA COUNTIES VALLEY HEALTH SERVICES, INC. SERVES AS A CLINICAL ROTATION SITE FOR THE HERKIMER BOCES LPN AND CNA CLASSES. ADDITIONALLY, VALLEY HEALTH SERVICES INC. OPERATES ITS OWN CNA CLASS.VALLEY HEALTH SERVICES, INC.'S 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.VALLEY HEALTH SERVICES, INC. WORKS WITH CAREER CONNECTIONS OF THE HERKIMER ARC TO MATCH THEIR CLIENTS' SKILLS WITH AVAILABLE JOB OPPORTUNITIES. VALLEY HEALTH SERVICES, INC. ANNUAL FUNDRAISING EVENTS HAVE NOT YET RESUMED. (NOTED BELOW)- BOARDWALK TO BETTER HEALTH- MAGIC OF HERKIMER- CONCERT WITH THE STANLEY THEATRE- BROOKS BBQ DINNER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa M Betrus President | Officer | 39 | $314,645 |
Kathleen Eisenhut Administrator | Officer | 40 | $98,737 |
Kristen Lenig Left 421 CFO | Officer | 39.5 | $62,366 |
Anna Lyga Secretary | OfficerTrustee | 1 | $0 |
John Militello Board Vice Chair | OfficerTrustee | 1 | $0 |
Connie Jastremski Board Chair | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Century Linen & Uniform Laundry Services | 12/30/19 | $135,166 |
E4h-environments For Health Llc Architect | 12/30/19 | $164,679 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $25,081 |
Government grants | $341,249 |
All other contributions, gifts, grants, and similar amounts not included above | $253,243 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $619,573 |
Total Program Service Revenue | $13,259,219 |
Investment income | $142,546 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,235,675 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $510,465 |
Compensation of current officers, directors, key employees. | $510,465 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,336,341 |
Pension plan accruals and contributions | $223,905 |
Other employee benefits | $802,594 |
Payroll taxes | $640,654 |
Fees for services: Management | $0 |
Fees for services: Legal | $35,261 |
Fees for services: Accounting | $33,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,041,989 |
Advertising and promotion | $0 |
Office expenses | $1,361,367 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $197,723 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,481 |
Interest | $107,814 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $555,361 |
Insurance | $158,656 |
All other expenses | $0 |
Total functional expenses | $14,887,367 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $857,234 |
Pledges and grants receivable | $2,381 |
Accounts receivable, net | $2,274,744 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $91,378 |
Prepaid expenses and deferred charges | $54,200 |
Net Land, buildings, and equipment | $2,047,020 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,630,806 |
Total assets | $8,957,963 |
Accounts payable and accrued expenses | $3,578,036 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,120,138 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,433,448 |
Total liabilities | $6,131,622 |
Net assets without donor restrictions | $2,707,251 |
Net assets with donor restrictions | $119,090 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,957,963 |
Over the last fiscal year, we have identified 5 grants that Valley Health Services Inc has recieved totaling $516,933.
Awarding Organization | Amount |
---|---|
Friends Of Bassett Inc Cooperstown, NY PURPOSE: SUPPORT | $289,792 |
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY PURPOSE: CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS | $200,000 |
Foundation For Long Term Care Inc Latham, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Slocum-Dickson Foundation Inc New Hartford, NY PURPOSE: GENERAL FUND | $1,514 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Beg. Balance | $103,973 |
Ending Balance | $103,973 |
Organization Name | Assets | Revenue |
---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
New England Deaconess Association Concord, MA | $168,661,233 | $42,765,861 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |