VALLEY MEDICAL FACILITIES INC

EIN: 251801532 501(c)(3) Health Care

SEWICKLEY, PA

Total Revenue
$379,182,287
Total Expenses
$417,596,695
Total Assets
$440,856,578
Net Assets
$183,320,765
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
PA
Principal Officer
NORMAN F MITRY
Phone
4127416600
Tax Period
2024-07-01 to 2025-06-30

VALLEY MEDICAL FACILITIES INC, founded in 1996, is a major nonprofit in the Health Care sector that reported $379.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $417.6M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $344,364,743 Revenue: $361,767,776

THE HOSPITALS COMPRISING VALLEY MEDICAL FACILITIES PROVIDE ROUTINE AND AUXILIARY MEDICAL/SURGICAL, PSYCHIATRIC, AND OUTPATIENT REHABILITATION SERVICES TO THE COMMUNITIES SERVED BY THE HOSPITALS...

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THE HOSPITALS COMPRISING VALLEY MEDICAL FACILITIES PROVIDE ROUTINE AND AUXILIARY MEDICAL/SURGICAL, PSYCHIATRIC, AND OUTPATIENT REHABILITATION SERVICES TO THE COMMUNITIES SERVED BY THE HOSPITALS REGARDLESS OF PATIENT'S ABILITY TO PAY.DURING THE FISCAL YEAR, THE HOSPITALS HAD 13,856 INPATIENT ADMISSIONS, 5,457 OBSERVATION ADMISSIONS, 727 NEWBORN ADMISSIONS, AND 66,405 INPATIENT DAYS. THE FACILITIES ALSO ENCOUNTERED 91,748 EMERGENCY ROOM VISITS, 8,433 OUTPATIENT SURGERIES, 56 OPEN HEART PROCEDURES, 1,452 CARDIAC CATHETERIZATIONS AND 350,535 DIAGNOSTIC IMAGING PROCEDURES.HERITAGE VALLEY SENIOR LIVING COMMUNITY PROVIDES SENIOR LIVING CHOICES RANGING FROM INDEPENDENT LIVING, PERSONAL CARE AND MEMORY CARE. INDEPENDENT LIVING PROVIDES SENIORS WITH THEIR OWN APARTMENTS, RESTAURANT-STYLE DINING, HOUSEKEEPING AND MANY ACTIVITIES AND OTHER AMENITIES DESIGNED TO SUIT THEIR ACTIVE LIFESTYLES. THE PERSONAL CARE COMMUNITY COMBINES ALL OF THE COMFORTS OF HOME WITH THE ACTIVITY AND SECURITY OF A SMALL COMMUNITY OF CARING STAFF. RESIDENTS ENJOY A WIDE RANGE OF SOCIAL ACTIVITIES IN AN ELEGANT SETTING, ALONG WITH SPECIALLY PLANNED PROGRAMS, GOOD FOOD, FRIENDS AND 24 HOUR ASSISTANCE FROM A CARING STAFF, TAILORED TO EACH RESIDENT'S NEEDS. THE MEMORY CARE PROGRAM IS DESIGNED FOR THE SPECIFIC NEEDS OF SENIORS WITH ALZHEIMER'S OR RELATED DEMENTIA AND OFFERS A HOME-LIKE ENVIRONMENT CONDUCIVE TO BOTH EMOTIONAL HEALTH AND PHYSICAL WELL-BEING. EVERY ROOM OF OUR PROGRAM HAS BEEN DESIGNED TO STIMULATE THE SENSES AND INVOKE A FEELING OF FAMILIARITY AND WARMTH. RESIDENTS AND THEIR FAMILIES CAN ENJOY COMFORTABLE COMMON ROOMS, AS WELL AS AN ATTRACTIVE AND SECURE OUTDOOR COURTYARD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,788,841
Program Service Revenue $348,588,619
Investment Income $8,973,991
Other Revenue $17,830,836
TOTAL REVENUE $379,182,287

Expense Breakdown

Grants Paid $269,949
Salaries & Benefits $208,793,837
Fundraising Expenses $0
Program Expenses $344,364,743
Other Expenses $208,532,909
TOTAL EXPENSES $417,596,695

Year-over-Year Comparison

2024 2023 Change
Revenue $379,182,287 $401,405,098 -0.1%
Expenses $417,596,695 $434,396,955 0.0%
Net Income $-38,414,408 $-32,991,857 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
15
Employees
3027
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$1,160,300
Total Directors
22
$2,053,918
Key Employees
4
$1,675,055
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORMAN F MITRY PRESIDENT & CEO 40.00
Officer Director
$879,770 $46,092 $925,862
JEFFREY HEIN MD DIRECTOR/PHYSICIAN 2.00
Director
$0 $31,569 $603,476
MICHAEL MALKOWSKI MD DIRECTOR/PHYSICIAN (UNTIL 6/26/25) 2.00
Director
$0 $22,747 $524,580
BOB TERWILLIGER CHAIR 2.00
Officer Director
$0 $0 $0
DIANA KOZLINA-PERETIC DNP VICE-CHAIR 2.00
Officer Director
$0 $0 $0
ROGER DAVIS EDD SECRETARY 2.00
Officer Director
$0 $0 $0
FRED CLERICI TREASURER 2.00
Officer Director
$0 $0 $0
SCOTT M ELSTE EMERITUS BOARD CHAIR 2.00
Director
$0 $0 $0
LYNN GEORGE PHD EMERITUS BOARD CHAIR 2.00
Director
$0 $0 $0
SUZANNE PAONE DHA DIRECTOR (UNTIL 12/12/24) 2.00
Director
$0 $0 $0
RICHARD BOWERS MD DIRECTOR 2.00
Director
$0 $0 $0
JOHN EDSON ESQ DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER EMOND MD DIRECTOR 2.00
Director
$0 $0 $0
ANN MARIE EVANS DIRECTOR (UNTIL 12/12/24) 2.00
Director
$0 $0 $0
KEVIN FLANNERY DIRECTOR 2.00
Director
$0 $0 $0
KAREN JEROME-ZAPADKA MD DIRECTOR (UNTIL 12/12/24) 2.00
Director
$0 $0 $0
CHARLES KELLY ESQ DIRECTOR (UNTIL 12/12/24) 2.00
Director
$0 $0 $0
THOMAS LEYDIG DIRECTOR 2.00
Director
$0 $0 $0
GR ORR III DIRECTOR 2.00
Director
$0 $0 $0
CRAIG RIPPOLE DIRECTOR 2.00
Director
$0 $0 $0
SRIDHAR TAYUR PHD DIRECTOR 2.00
Director
$0 $0 $0
LYNN VESCIO MS BSN DIRECTOR 2.00
Director
$0 $0 $0
GARRETT RICHARDSON VP, FINANCE & ASST. TREASURER 40.00
Officer
$222,011 $12,427 $234,438
THOMAS PANGBURN MD CHIEF MEDICAL OFFICER 40.00
Officer
$0 $0 $0
MICHAEL CRATTY MD CHIEF MEDICAL OFFICER (UNTIL 10/2/24) 1.00
Key Emp
$0 $28,310 $500,897
LINDA HOMYK VP PATIENT CARE SERVICES 40.00
Key Emp
$374,585 $49,787 $424,372
JON ZAGORSKI CHIEF INFORMATION OFFICER 40.00
Key Emp
$326,983 $52,935 $379,918
LAURIE CLEMENS VP HUMAN RESOURCES 40.00
Key Emp
$321,397 $48,471 $369,868
RONALD LECKEY MD MEDICAL DIRECTOR EMERGENCY 40.00
Highest
$450,627 $52,028 $502,655
MATTHEW WHEELER MD ASSISTANT MEDICAL DIRECTOR 40.00
Highest
$441,486 $47,666 $489,152
MICHAEL BOYD MD PHYSICIAN 40.00
Highest
$357,256 $42,026 $399,282
THOMAS MICHAEL PHYSICIAN 40.00
Highest
$333,734 $50,891 $384,625
JASON VENET MD PHYSICIAN 40.00
Highest
$329,939 $27,003 $356,942
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $379,182,287 $417,596,695 $440,856,578 $-38,414,408
2024 No data No data No data No data
2023 $434,086,748 $475,038,986 $579,718,574 $-40,952,238
2022 $409,712,922 $459,547,847 $528,358,633 $-49,834,925
2021 $439,382,982 $434,255,683 $498,168,587 $5,127,299
2020 $331,588,966 $465,387,184 $415,846,971 $-133,798,218
2019 $372,791,234 $373,133,401 $419,888,333 $-342,167
2018 $374,154,884 $367,154,633 $397,995,488 $7,000,251
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