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Employer Identification Number 22-2520073

VALLEY HEALTH SYSTEMS, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VALLEY HEALTH SYSTEMS, INC.
Employer identification number (EIN):22-2520073
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:622000
NAIC Description: Hospitals
401k Pension/Benefits registration VALLEY HEALTH SYSTEMS, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementAcute care hospital, providing medical and other healthcare services to residents of Holyoke, MA and the surrounding areas.
Number of Employees1566
Number of Volunteers50
Year Formed1984

Organization Governance

Legal DomicileMA
Voting Members - Governing Body13
Voting Members - Independent9

Organization Financials

2023-09-30
Total unrelated business incomeUSD $ 2,128,288
Net unrelated business incomeUSD $ 39,930
Program Service Revenue from prior yearUSD $ 204,628,982
Program Service Revenue from current yearUSD $ 228,914,084
Investment Income from prior yearUSD $ 457,637
Investment Income from current yearUSD $ 523,642
Other Revenue from prior yearUSD $ 1,016,186
Other Revenue from current yearUSD $ 2,212,899
Gross receipts from all sourcesUSD $ 245,665,184
Net assets / fund balances at end of fiscal yearUSD $ 40,764,125
Net assets / fund balances at beginning of fiscal yearUSD $ 33,740,439
Total liabilities at end of fiscal yearUSD $ 82,757,901
Total liabilities at beginning of fiscal yearUSD $ 79,971,512
Total assets at end of fiscal yearUSD $ 123,522,026
Total assets at beginning of fiscal yearUSD $ 113,711,951
Revenues less expenses for current yearUSD $ -3,069,600
Revenues less expenses for previous yearUSD $ 1,128,983
Total expenses for current yearUSD $ 248,612,084
Total expenses for previous yearUSD $ 219,173,615
Other expenses in current yearUSD $ 102,970,153
Other expenses in previous yearUSD $ 91,539,813
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 145,557,801
Employee salary and benefits paid in previous yearUSD $ 127,595,302
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 84,130
Grants and similar amounts paid in previous yearUSD $ 38,500
Total revenue in current fiscal yearUSD $ 245,542,484
Total revenue in previous fiscal yearUSD $ 220,302,598
Contributions and grants from current yearUSD $ 13,891,859
Contributions and grants from previous yearUSD $ 14,199,793
Total of other revenueUSD $ 2,082,921
2022-09-30
Total unrelated business incomeUSD $ 1,159,944
Net unrelated business incomeUSD $ 34,908
Program Service Revenue from prior yearUSD $ 181,927,774
Program Service Revenue from current yearUSD $ 204,628,982
Investment Income from prior yearUSD $ -287,015
Investment Income from current yearUSD $ 457,637
Other Revenue from prior yearUSD $ 1,042,232
Other Revenue from current yearUSD $ 1,016,186
Gross receipts from all sourcesUSD $ 220,745,740
Net assets / fund balances at end of fiscal yearUSD $ 33,740,439
Net assets / fund balances at beginning of fiscal yearUSD $ 10,536,535
Total liabilities at end of fiscal yearUSD $ 79,971,512
Total liabilities at beginning of fiscal yearUSD $ 102,791,644
Total assets at end of fiscal yearUSD $ 113,711,951
Total assets at beginning of fiscal yearUSD $ 113,328,179
Revenues less expenses for current yearUSD $ 1,128,983
Revenues less expenses for previous yearUSD $ 5,597,843
Total expenses for current yearUSD $ 219,173,615
Total expenses for previous yearUSD $ 195,574,305
Other expenses in current yearUSD $ 91,539,813
Other expenses in previous yearUSD $ 82,208,753
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 127,595,302
Employee salary and benefits paid in previous yearUSD $ 113,354,052
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 38,500
Grants and similar amounts paid in previous yearUSD $ 11,500
Total revenue in current fiscal yearUSD $ 220,302,598
Total revenue in previous fiscal yearUSD $ 201,172,148
Contributions and grants from current yearUSD $ 14,199,793
Contributions and grants from previous yearUSD $ 18,489,157
Total of other revenueUSD $ 1,122,422
2021-09-30
Total unrelated business incomeUSD $ 1,036,190
Net unrelated business incomeUSD $ 82,148
Program Service Revenue from prior yearUSD $ 170,612,989
Program Service Revenue from current yearUSD $ 181,927,774
Investment Income from prior yearUSD $ 323,724
Investment Income from current yearUSD $ -287,015
Other Revenue from prior yearUSD $ 2,378,390
Other Revenue from current yearUSD $ 1,042,232
Gross receipts from all sourcesUSD $ 202,042,084
Net assets / fund balances at end of fiscal yearUSD $ 10,536,535
Net assets / fund balances at beginning of fiscal yearUSD $ -10,819,550
Total liabilities at end of fiscal yearUSD $ 102,791,644
Total liabilities at beginning of fiscal yearUSD $ 119,261,738
Total assets at end of fiscal yearUSD $ 113,328,179
Total assets at beginning of fiscal yearUSD $ 108,442,188
Revenues less expenses for current yearUSD $ 5,597,843
Revenues less expenses for previous yearUSD $ 18,438,898
Total expenses for current yearUSD $ 195,574,305
Total expenses for previous yearUSD $ 179,746,997
Other expenses in current yearUSD $ 82,208,753
Other expenses in previous yearUSD $ 72,995,132
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 113,354,052
Employee salary and benefits paid in previous yearUSD $ 106,750,077
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 11,500
Grants and similar amounts paid in previous yearUSD $ 1,788
Total revenue in current fiscal yearUSD $ 201,172,148
Total revenue in previous fiscal yearUSD $ 198,185,895
Contributions and grants from current yearUSD $ 18,489,157
Contributions and grants from previous yearUSD $ 24,870,792
Total of other revenueUSD $ 955,852
2020-09-30
Total unrelated business incomeUSD $ 2,276,557
Net unrelated business incomeUSD $ 52,766
Program Service Revenue from prior yearUSD $ 179,054,805
Program Service Revenue from current yearUSD $ 170,612,989
Investment Income from prior yearUSD $ 726,264
Investment Income from current yearUSD $ 323,724
Other Revenue from prior yearUSD $ 2,477,755
Other Revenue from current yearUSD $ 2,378,390
Gross receipts from all sourcesUSD $ 198,345,734
Net assets / fund balances at end of fiscal yearUSD $ -10,819,550
Net assets / fund balances at beginning of fiscal yearUSD $ -16,414,038
Total liabilities at end of fiscal yearUSD $ 119,261,738
Total liabilities at beginning of fiscal yearUSD $ 107,041,559
Total assets at end of fiscal yearUSD $ 108,442,188
Total assets at beginning of fiscal yearUSD $ 90,627,521
Revenues less expenses for current yearUSD $ 18,438,898
Revenues less expenses for previous yearUSD $ 5,219,077
Total expenses for current yearUSD $ 179,746,997
Total expenses for previous yearUSD $ 177,738,751
Other expenses in current yearUSD $ 72,995,132
Other expenses in previous yearUSD $ 69,712,578
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 106,750,077
Employee salary and benefits paid in previous yearUSD $ 108,011,739
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,788
Grants and similar amounts paid in previous yearUSD $ 14,434
Total revenue in current fiscal yearUSD $ 198,185,895
Total revenue in previous fiscal yearUSD $ 182,957,828
Contributions and grants from current yearUSD $ 24,870,792
Contributions and grants from previous yearUSD $ 699,004
Total of other revenueUSD $ 2,247,268
2019-09-30
Total unrelated business incomeUSD $ 2,368,744
Net unrelated business incomeUSD $ 117,170
Program Service Revenue from prior yearUSD $ 166,525,511
Program Service Revenue from current yearUSD $ 179,054,805
Investment Income from prior yearUSD $ 887,666
Investment Income from current yearUSD $ 726,264
Other Revenue from prior yearUSD $ 2,460,599
Other Revenue from current yearUSD $ 2,477,755
Gross receipts from all sourcesUSD $ 183,114,212
Net assets / fund balances at end of fiscal yearUSD $ -16,414,038
Net assets / fund balances at beginning of fiscal yearUSD $ -907,995
Total liabilities at end of fiscal yearUSD $ 107,041,559
Total liabilities at beginning of fiscal yearUSD $ 87,787,439
Total assets at end of fiscal yearUSD $ 90,627,521
Total assets at beginning of fiscal yearUSD $ 86,879,444
Revenues less expenses for current yearUSD $ 5,219,077
Revenues less expenses for previous yearUSD $ 5,796,541
Total expenses for current yearUSD $ 177,738,751
Total expenses for previous yearUSD $ 165,150,249
Other expenses in current yearUSD $ 69,712,578
Other expenses in previous yearUSD $ 64,878,737
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 108,011,739
Employee salary and benefits paid in previous yearUSD $ 100,259,662
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 14,434
Grants and similar amounts paid in previous yearUSD $ 11,850
Total revenue in current fiscal yearUSD $ 182,957,828
Total revenue in previous fiscal yearUSD $ 170,946,790
Contributions and grants from current yearUSD $ 699,004
Contributions and grants from previous yearUSD $ 1,073,014
Total of other revenueUSD $ 2,399,217
2018-09-30
Total unrelated business incomeUSD $ 2,435,415
Net unrelated business incomeUSD $ 94,329
Program Service Revenue from prior yearUSD $ 151,824,684
Program Service Revenue from current yearUSD $ 166,525,511
Investment Income from prior yearUSD $ 348,356
Investment Income from current yearUSD $ 887,666
Other Revenue from prior yearUSD $ 2,635,781
Other Revenue from current yearUSD $ 2,460,599
Gross receipts from all sourcesUSD $ 171,099,981
Net assets / fund balances at end of fiscal yearUSD $ -907,995
Net assets / fund balances at beginning of fiscal yearUSD $ -10,702,925
Total liabilities at end of fiscal yearUSD $ 87,787,439
Total liabilities at beginning of fiscal yearUSD $ 97,501,271
Total assets at end of fiscal yearUSD $ 86,879,444
Total assets at beginning of fiscal yearUSD $ 86,798,346
Revenues less expenses for current yearUSD $ 5,796,541
Revenues less expenses for previous yearUSD $ 4,279,838
Total expenses for current yearUSD $ 165,150,249
Total expenses for previous yearUSD $ 154,060,937
Other expenses in current yearUSD $ 64,878,737
Other expenses in previous yearUSD $ 58,671,815
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 100,259,662
Employee salary and benefits paid in previous yearUSD $ 95,346,347
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 11,850
Grants and similar amounts paid in previous yearUSD $ 42,775
Total revenue in current fiscal yearUSD $ 170,946,790
Total revenue in previous fiscal yearUSD $ 158,340,775
Contributions and grants from current yearUSD $ 1,073,014
Contributions and grants from previous yearUSD $ 3,531,954
Total of other revenueUSD $ 2,410,710
2017-09-30
Total unrelated business incomeUSD $ 2,543,910
Net unrelated business incomeUSD $ 28,166
Program Service Revenue from prior yearUSD $ 141,584,553
Program Service Revenue from current yearUSD $ 151,824,684
Investment Income from prior yearUSD $ 318,869
Investment Income from current yearUSD $ 348,356
Other Revenue from prior yearUSD $ 2,843,941
Other Revenue from current yearUSD $ 2,635,781
Gross receipts from all sourcesUSD $ 158,498,662
Net assets / fund balances at end of fiscal yearUSD $ -10,702,925
Net assets / fund balances at beginning of fiscal yearUSD $ -15,916,074
Total liabilities at end of fiscal yearUSD $ 97,501,271
Total liabilities at beginning of fiscal yearUSD $ 98,824,599
Total assets at end of fiscal yearUSD $ 86,798,346
Total assets at beginning of fiscal yearUSD $ 82,908,525
Revenues less expenses for current yearUSD $ 4,279,838
Revenues less expenses for previous yearUSD $ 5,573,511
Total expenses for current yearUSD $ 154,060,937
Total expenses for previous yearUSD $ 141,453,910
Other expenses in current yearUSD $ 58,671,815
Other expenses in previous yearUSD $ 51,077,410
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 95,346,347
Employee salary and benefits paid in previous yearUSD $ 90,353,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 42,775
Grants and similar amounts paid in previous yearUSD $ 23,500
Total revenue in current fiscal yearUSD $ 158,340,775
Total revenue in previous fiscal yearUSD $ 147,027,421
Contributions and grants from current yearUSD $ 3,531,954
Contributions and grants from previous yearUSD $ 2,280,058
Total of other revenueUSD $ 2,522,942
2016-09-30
Total unrelated business incomeUSD $ 2,686,162
Net unrelated business incomeUSD $ 88,868
Program Service Revenue from prior yearUSD $ 126,744,771
Program Service Revenue from current yearUSD $ 141,584,553
Investment Income from prior yearUSD $ 214,733
Investment Income from current yearUSD $ 318,869
Other Revenue from prior yearUSD $ 2,444,947
Other Revenue from current yearUSD $ 2,843,941
Gross receipts from all sourcesUSD $ 147,228,579
Net assets / fund balances at end of fiscal yearUSD $ -15,916,074
Net assets / fund balances at beginning of fiscal yearUSD $ -13,805,832
Total liabilities at end of fiscal yearUSD $ 98,824,599
Total liabilities at beginning of fiscal yearUSD $ 81,680,053
Total assets at end of fiscal yearUSD $ 82,908,525
Total assets at beginning of fiscal yearUSD $ 67,874,221
Revenues less expenses for current yearUSD $ 5,573,511
Revenues less expenses for previous yearUSD $ 4,040,407
Total expenses for current yearUSD $ 141,453,910
Total expenses for previous yearUSD $ 126,136,761
Other expenses in current yearUSD $ 51,077,410
Other expenses in previous yearUSD $ 45,136,533
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 90,353,000
Employee salary and benefits paid in previous yearUSD $ 80,977,228
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 23,500
Grants and similar amounts paid in previous yearUSD $ 23,000
Total revenue in current fiscal yearUSD $ 147,027,421
Total revenue in previous fiscal yearUSD $ 130,177,168
Contributions and grants from current yearUSD $ 2,280,058
Contributions and grants from previous yearUSD $ 772,717
Total of other revenueUSD $ 2,665,015
2015-09-30
Total unrelated business incomeUSD $ 2,327,372
Net unrelated business incomeUSD $ 74,332
Program Service Revenue from prior yearUSD $ 125,026,193
Program Service Revenue from current yearUSD $ 126,744,771
Investment Income from prior yearUSD $ 260,089
Investment Income from current yearUSD $ 214,733
Other Revenue from prior yearUSD $ 2,441,109
Other Revenue from current yearUSD $ 2,444,947
Gross receipts from all sourcesUSD $ 130,410,321
Net assets / fund balances at end of fiscal yearUSD $ -13,805,832
Net assets / fund balances at beginning of fiscal yearUSD $ 3,974,069
Total liabilities at end of fiscal yearUSD $ 81,680,053
Total liabilities at beginning of fiscal yearUSD $ 61,011,284
Total assets at end of fiscal yearUSD $ 67,874,221
Total assets at beginning of fiscal yearUSD $ 64,985,353
Revenues less expenses for current yearUSD $ 4,040,407
Revenues less expenses for previous yearUSD $ 6,406,520
Total expenses for current yearUSD $ 126,136,761
Total expenses for previous yearUSD $ 122,084,038
Other expenses in current yearUSD $ 45,136,533
Other expenses in previous yearUSD $ 42,701,027
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 80,977,228
Employee salary and benefits paid in previous yearUSD $ 79,378,511
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 23,000
Grants and similar amounts paid in previous yearUSD $ 4,500
Total revenue in current fiscal yearUSD $ 130,177,168
Total revenue in previous fiscal yearUSD $ 128,490,558
Contributions and grants from current yearUSD $ 772,717
Contributions and grants from previous yearUSD $ 763,167
Total of other revenueUSD $ 2,306,407

Other Company Names associated with EIN

Holyoke Medical Center Inc

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 222520073

USA Mailing Address
575 BEECH STREET
HOLYOKE
MA
01040
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
575 Beech Street
Holyoke
MA
010402223
Date first seen: 2014-08-15
Date last seen: 2024-08-12

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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