Nonprofit · EIN 65-1301877
ATLANTIC HEALTH SYSTEM INC
Also known as GROUP RETURN
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,763,861,023 | $4,459,713,866 | $304,147,157 | $6,325,798,605 | $2,681,400,190 | $3,644,398,415 |
| December 31, 2023 | 990 | $4,238,572,954 | $4,014,851,524 | $223,721,430 | $6,064,671,986 | $2,664,289,882 | $3,400,382,104 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $117,705,541
- of which government grants
- $82,222,977
- Program service revenue
- $4,443,021,563
- Investment income
- $172,870,154
- Net rental income
- $1,994,215
- Net gain from sales of assets
- $71,229,658
- Net income from fundraising events
- $1,518,755
- Tax-exempt bond proceeds
- $456,288
- Other revenue
- $30,263,765
Expenses
- Grants and similar amounts paid
- $1,186,383
- Compensation of officers, directors and key employees
- $49,071,500
- Other salaries and wages
- $2,023,714,712
- Salaries, compensation and benefits (total)
- $2,502,496,453
- Professional fundraising fees
- $0
- Legal fees
- $5,188,438
- Accounting fees
- $1,546,610
- Occupancy
- $99,404,389
- Travel
- $4,309,451
- Depreciation
- $185,977,195
- Program services (functional)
- $3,752,009,969
- Management and general (functional)
- $703,924,979
- Fundraising (functional)
- $3,778,918
Balance sheet and other
- Total assets, start of year
- $6,064,671,986
- Total assets, end of year
- $6,325,798,605
- Total liabilities, end of year
- $2,681,400,190
- Net assets, end of year
- $3,644,398,415
- Land, buildings and equipment
- $1,904,335,508
- Publicly traded securities
- $2,864,883,864
- Net assets without donor restrictions
- $3,420,469,950
- Net assets with donor restrictions
- $223,928,465
- Gross unrelated business income
- $12,949,091
- Gross receipts
- $4,772,424,407
- Employees
- 26,276
- Volunteers
- 1,418
- Year formed
- 1996
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Brian Gragnolati | President & CEO Trustee or director, Officer | 55 | $9,720,812 | $1,810,496 |
| James Wittig MD | Physician-Chair Key employee | 55 | $4,233,750 | $21,215 |
| Kevin Lenahan | EVP,Chief Bus-Strat Officer Trustee or director, Officer | 55 | $2,924,716 | $461,142 |
| Patricia O'Keefe | SVP,Pres MMC Officer | 55 | $2,289,794 | $282,358 |
| Scott Leighty | EVP,Chief Health Sy Officer Trustee or director, Officer | 55 | $2,046,993 | $379,785 |
| Steven Sheris MD | EVP,Chief Phy Exec Trustee or director, Officer | 55 | $1,964,734 | $336,156 |
| Sunil Dadlani | EVP,Chief-Inf/Dig/Tr Offficer Officer | 55 | $1,889,710 | $329,124 |
| Sheilah O'Halloran | EVP,General Counsel Trustee or director, Officer | 55 | $1,859,057 | $282,358 |
| Suja Mathew | EVP,Chief Clinical Officer Officer | 55 | $1,708,791 | $315,860 |
| Nichell Sumpter | EVP,Chief Admin Officer Officer | 55 | $1,715,813 | $282,730 |
| Mark Widmann | Physician Highest-paid employee | 55 | $1,929,848 | $33,527 |
| Lee Starker MD | PAMG-Trustee Trustee or director | 55 | $1,866,281 | $29,717 |
| Michael Walter | SVP,Chief Fin Officer Trustee or director, Officer | 55 | $1,615,288 | $257,152 |
| Stephanie Schwartz | SVP,Pres OMC Officer | 55 | $1,470,630 | $211,903 |
| Philippe Genereux MD | Physician Highest-paid employee | 55 | $1,590,331 | $37,152 |
43 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sean Calhoun | Physician Highest-paid employee | 55 | $1,596,435 | $30,160 |
| Jeffrey Leary | Physician Highest-paid employee | 55 | $1,594,994 | $30,188 |
| Tom Thomas | Physician Highest-paid employee | 55 | $1,576,718 | $31,342 |
| Robert Adams Jr | SVP,Pres West Region Officer | 55 | $1,266,625 | $185,492 |
| Eric Whitman MD | Physician Key employee | 55 | $1,090,380 | $52,405 |
| Maureen Schneider | SVP,Pres CMC Officer | 55 | $1,001,510 | $132,633 |
| Katharine Driebe | Trustee-AA Trustee or director, Officer | 55 | $916,796 | $145,012 |
| Muhammad Feteiha MD | Trustee-AHS Trustee or director | 2 | $1,013,286 | $31,113 |
| Rolando Rolandelli | Chairman-Dept of Surgery Key employee | 55 | $903,579 | $59,305 |
| Jason Smith MD | PAMG-Trustee Trustee or director | 55 | $918,204 | $29,495 |
| Christopher Herzog | PAMG,VP & COO Officer | 55 | $775,053 | $111,669 |
| Frederico Cerrone MD | PAMG-Chair Officer | 55 | $851,933 | $32,554 |
| Revesh Parekh MD | Trustee-PAMG Trustee or director | 55 | $850,851 | $29,891 |
| Madeline Ferraro | VP,Govt and Public Affairs Key employee | 55 | $747,724 | $123,777 |
| Christopher Zipp | PAMG-Physician Former | 55 | $690,344 | $43,088 |
| Seth Stoller MD | PAMG-Vice Chair Officer | 55 | $630,504 | $29,117 |
| Michael Gannon MD | PAMG-Trustee Trustee or director | 55 | $447,030 | $34,132 |
| Brenda Matti-Orozco | PAMG-Trustee Trustee or director | 55 | $427,188 | $31,544 |
| Navpreet Minhas MD | PAMG-TTE Vice Chair Officer | 55 | $426,866 | $31,507 |
| Mervet Asfour MD | PAMG-Trustee Trustee or director | 55 | $438,219 | $14,505 |
| John Calicchio MD | PAMG-Trustee Trustee or director | 55 | $407,390 | $32,258 |
| David Ferguson AA Director | Trustee-Atlantic Ambulance Trustee or director | 55 | $373,586 | $37,983 |
| Christina Johnson MD | PAMG-Trustee Trustee or director | 55 | $347,571 | $25,340 |
| Robert Pedowitz DO | PAMG-Trustee Trustee or director | 55 | $333,108 | $35,408 |
| Theresa Giannattasio DO | PAMG-Trustee Trustee or director | 55 | $278,951 | $21,871 |
| David Peterson | Trustee-Atlantic Ambulance Trustee or director | 2 | $222,357 | $34,463 |
| Albert Ritter MD | Trustee-Atlantic Ambulance Trustee or director | 2 | $0 | $0 |
| Dennis Wilson | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Jeanine Liburd | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Christopher R Reidy | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Arthur Orduna | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Grant Parr MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Finn Wentworth | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| John F Vigorita MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Laura A Kelly | Trustee-AHS Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Richard W Herbst | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Robert E McCracken | Trustee-AHS Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Sean Nicholson | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Charles Reid III | Trustee-VNASH Organization Trustee or director | 2 | $0 | $0 |
| Justice Jaynee LaVecchia | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Mai Pham MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Michael Ranger | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Michael Mulligan | Trustee-AA Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 59 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Brian Gragnolati | President & CEO Trustee or director, Officer | 55 | $8,373,068 | $1,137,448 |
| Kevin Lenahan | EVP,Chief Bus & Strategy Trustee or director, Officer | 55 | $6,754,515 | $406,954 |
| James Wittig MD | Physician-Chair Key employee | 55 | $3,829,922 | $19,886 |
| Steven Sheris MD | EVP,Chief Phy Exec Trustee or director, Officer | 55 | $1,817,270 | $282,400 |
| Patricia O'Keefe | SVP,Pres MMC Officer | 55 | $1,781,450 | $250,125 |
| Sheilah O'Halloran | EVP,General Counsel Trustee or director, Officer | 55 | $1,616,347 | $272,919 |
| Nichell Sumpter | EVP,Chief Admin Officer Officer | 55 | $1,570,206 | $243,678 |
| Tom Thomas | Physician Highest-paid employee | 55 | $1,736,207 | $30,842 |
| Mark Widmann | Physician Highest-paid employee | 55 | $1,674,383 | $29,553 |
| Scott Leighty | EVP,Chief Health Sy Officer Trustee or director, Officer | 55 | $1,464,724 | $236,487 |
| Sean Calhoun | Physician Highest-paid employee | 55 | $1,629,424 | $30,054 |
| Philippe Genereux MD | Physician Highest-paid employee | 55 | $1,621,621 | $32,553 |
| Sunil Dadlani | EVP,Chief-Inf/Dig Trans Of Officer | 55 | $1,414,223 | $238,367 |
| Suja Mathew | EVP,Chief Clinical Officer Officer | 55 | $1,364,036 | $223,531 |
| Madeline Ferraro | VP,Gov't and Public Affair Key employee | 55 | $1,459,004 | $111,767 |
| Stephanie Schwartz | SVP,Pres OMC Officer | 55 | $1,345,679 | $179,808 |
| Jeffrey Leary | Physician Highest-paid employee | 55 | $1,408,581 | $28,357 |
| Lee Starker MD | PAMG-Trustee Trustee or director | 55 | $1,362,459 | $29,365 |
| Robert Adams Jr | SVP,Pres West Region Officer | 55 | $1,088,433 | $146,989 |
| Eric Whitman MD | Physician Key employee | 55 | $1,070,539 | $50,002 |
| Michael Walter | SVP,Chief Financial Office Trustee or director, Officer | 55 | $971,184 | $137,577 |
| Maureen Schneider | SVP,Pres CMC Officer | 55 | $949,148 | $121,265 |
| Rolando Rolandelli MD | Chairman-Dep of Surgery Key employee | 55 | $1,002,452 | $50,002 |
| Jason Smith MD | PAMG-Trustee Trustee or director | 55 | $994,359 | $29,427 |
| Katharine Driebe | VP of Finance Trustee or director, Officer | 55 | $787,518 | $119,910 |
| Christopher Herzog | PAMG,VP & COO Officer | 55 | $736,807 | $95,317 |
| Frederico Cerrone MD | PAMG-Chair Officer | 55 | $759,425 | $26,446 |
| Christopher Zipp MD | PAMG-Physician Officer | 55 | $608,497 | $41,303 |
| Seth Stoller MD | PAMG-Trustee Trustee or director | 55 | $612,663 | $29,980 |
| Domenick Randazzo MD | PAMG-Trustee Trustee or director | 55 | $572,245 | $33,775 |
| Peter Bolo MD | PAMG-Trustee Trustee or director | 55 | $508,257 | $50,000 |
| Shai Gavi MD | PAMG-Trustee Trustee or director | 55 | $474,887 | $29,446 |
| Christina Johnson MD | PAMG-Trustee Trustee or director | 55 | $470,798 | $21,277 |
| Navpreet Minhas MD | PAMG-TTE Vice Chair Trustee or director, Officer | 55 | $416,910 | $30,375 |
| Jeanine Bulan MD | PAMG-Trustee Trustee or director | 55 | $399,767 | $33,328 |
| Jessica Petilla-Onorato MD | PAMG-Trustee Trustee or director | 55 | $373,041 | $25,286 |
| David Ferguson AA Director | Trustee-Atlantic Ambulance Trustee or director | 55 | $351,340 | $34,080 |
| Robert Pedowitz DO | PAMG-Trustee Trustee or director | 55 | $336,671 | $34,028 |
| John Calicchio MD | PAMG-Trustee Trustee or director | 55 | $334,600 | $31,706 |
| Anthony Frisoli MD | PAMG-Trustee Trustee or director | 55 | $287,154 | $4,596 |
| David Peterson | Trustee-Atlantic Ambulance Trustee or director | 2 | $200,775 | $32,305 |
| Theresa Giannattasio DO | PAMG-Trustee Trustee or director | 55 | $210,251 | $19,525 |
| Samantha Pozner MD | Trustee-AHS Trustee or director | 2 | $96,155 | $0 |
| Albert Ritter MD | Trustee-Atlantic Ambulance Trustee or director | 2 | $0 | $0 |
| Dennis Wilson | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Jeanine Liburd | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Christopher R Reidy | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Arthur Orduna | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Grant Parr MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Finn Wentworth | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| John F Vigorita MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Laura A Kelly | Trustee-AHS Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Richard W Herbst | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Robert E McCracken | Trustee-AHS Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Sean Nicholson | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Charles Reid III | Trustee-VNASH Organization Trustee or director | 2 | $0 | $0 |
| Justice Jaynee LaVecchia | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Mai Pham MD | Trustee-AHS Trustee or director | 2 | $0 | $0 |
| Michael Ranger | Trustee-AHS Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 475 SOUTH STREET ACCTG 920, MORRISTOWN, NJ 07960-0000
- Principal officer (990 for 2024)
- Michael Walter, 475 South Street ACCTG 920, Morristown, NJ 07960
- Signed the 990
- Michael Walter, SVP, Chief Financial Officer
- Phone
- (973) 660-3100
- Website
- www.atlantichealth.org
- Return prepared by
- Ernst & Young US LLP
Mission
Designing and delivering high quality, innovative and personalized health care, to build healthier communities and improve lives for patients, consumers, and caregivers.
Program accomplishments
- This group return consists of the following Subordinates: AHS Hospital Corp.(the "Hospital") is comprised of five hospitals, the Morristown Medical Center ("Morristown Division"), the Overlook Medical Center ("Overlook Division"), the Newton Medical Center ("Newton Division"),the Chilton Medical Center ("Chilton Division"), Hackettstown Medical Center ("Hackettstown Division"). Continued on Schedule OThe Hospital is organized under the not-for-profit corporation law of the State of New Jersey and are exempt from Federal income tax under Section 501(c) (3) of the Internal Revenue Code.The Hospital provides regional health care services including a broad range of adult, pediatric, obstetrical/gynecological, psychiatric, oncology, intensive care, cardiac care and newborn acute care services to patients from the counties of Morris, Essex, Passaic, Sussex, Bergen, Hunterdon, Union, Warren and Somerset in New Jersey, Pike County in Pennsylvania and southern Orange County in New York.The Hospital is also a regional health trauma center that provides tri-state coverage and provides numerous outpatient ambulatory services, rehabilitation and skilled care and emergency care.Practice Associates Medical Group doing business as Atlantic Medical Group, PA ("AMG") is a faculty plan serving all of the Hospital divisions. It is a nonprofit coroporation and an organization described in Section 501(c)(3) of the Internal Revenue Code. Originally formed to provide billing and collection services for fees generated by physicians employed by the hospital division, AMG now serves as physician-governed group practice entity with more than 1,100 providers. AMG supports the System by improving consistency, enhancing collaboration among delivering care and optimizing care system operations.Atlantic Amblulance Corp (the "Company") was established as a not-for-profit organization of Augst 3, 2001 in the State of New Jersey, exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. The Company in organized for scientific, educational and charitable purposes to sponsor, promote and assist in the establishment or maintenance of activities relating to the improvement of human health and to maintain and operate a system for providing land and air based ambulance services, primarily in New Jersey. The Company's sole member is Atalntic Health System, Inc. , a New Jersey based not-for-profit corporation.The ambulance company (Atlantic Ambulance Corp) is a not-for-profit organization established for scientific, educational and charitable purposes to sponsor, promote and assist in the establishment or maintenance of activities relating to the improvement of human health and to maintain and operate a system for providing ambulance services, including mobile intensive care unit services together with related emergency medical services, primarily in New Jersey. Medical Center Partners, Inc. opened in 2012 with two offices according to the needs assessment of the community: A Primary Care and OB/GYN.Hackettstown Regional Medical Center Emergency Medical Services, Inc. (HRMC-EMS) provides emergency ambulance service for Hackettstown, NJ and the surrounding communities. HRMC-EMS also provides patient transportation services for HRMC patients and residents/patients of other institutions such as assisted living facilities and nursing homes. Van service is also provided for outpatients in need of transportation. HRMC-EMS also provides 911 ambulance service for residents of Mount Olive Township, Knowlton Township, Roxbury and Long Valley, NJ.The following 4 entities provide assistance to older people and their caregivers by assisting them with finding the health care services and community resources that they need to live longer, healthier and more active lives. It provides skilled and compassionate support to the residents of Essex, Hunterdon, Morris, Passaic, Somerset, Sussex, Union and Warren Counties in New Jersey and Pike County in Pennsylvania.1 Adult Day Center of the Visiting Nurse Association of Somerset Hills, is an adult day services in Basking Ridge, NJ. 2. Visiting Nurse Association of Somerset Hills, Inc. is home health services.3. Visiting Nurse Association of Visiting Nurse Association of Somerset Hills Community Health Services, Inc. provides community health services.4. Visiting Nurse of Somerset Hills Home Health & Hospice Services, Inc. provides home health and hospice services.Atlantic Core Therapy and Wellness PA is a Corporation organized to engage in the business of rendering the same professional services to the public that a Doctor of Medicine or Osteopathy is authorized to render and any closely allied services. The Corporation is organized and will be operated exclusively to further the charitable purposes of Atlantic Health System, Inc. and AHS Hospital Corp.Eye Care of Practice Associates PA is a Corporation organized to engage in the business of rendering the same professional services to the public that a Doctor of Medicine or Osteopathy is authorized to render and any closely allied services. The Corporatoin is organized and will be operated exclusively to further the charitbale purposes of Atlantic Health System, Inc. and AHS Hospital Corp.Expenses $3,752,009,969 · grants $1,186,383 · revenue $4,441,725,132
What it must file and when
IRS records say it files Group return. Included in a group return filed by its parent. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 65-1301877
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Group return
- Group exemption
- 9704: ATLANTIC HEALTH SYSTEM INC
- Assets (IRS master file)
- $6,325,798,605
- Income (IRS master file)
- $4,772,424,407
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,763,861,023 | $4,459,713,866 | $6,325,798,605 | IRS |
| 990 | December 2023 | $4,238,572,954 | $4,014,851,524 | $6,064,671,986 | XML |
| 990 | December 2022 | $3,872,357,033 | $3,678,533,824 | $5,605,741,294 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-1301877).
Questions about ATLANTIC HEALTH SYSTEM INC
- What is the EIN of ATLANTIC HEALTH SYSTEM INC?
- The employer identification number (EIN) of ATLANTIC HEALTH SYSTEM INC is 65-1301877.
- Is ATLANTIC HEALTH SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Which annual return does ATLANTIC HEALTH SYSTEM INC file?
- Form Group return. Included in a group return filed by its parent.
- When is the next return of ATLANTIC HEALTH SYSTEM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ATLANTIC HEALTH SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ATLANTIC HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 names Michael Walter.
- Who are the officers and directors of ATLANTIC HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 lists 58 people; 41 received compensation from the organization, the highest $9,720,812 (Brian Gragnolati, President & CEO).
- How much revenue does ATLANTIC HEALTH SYSTEM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,763,861,023, expenses of $4,459,713,866 and total assets of $6,325,798,605 at year end.
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