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Nonprofiteer
← ATLANTIC HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by ATLANTIC HEALTH SYSTEM INC.

Totals

Total revenue
$4,763,861,023
Total expenses
$4,459,713,866
Contributions and grants received
$117,705,541
Grants paid
$1,186,383
Program service revenue
$4,443,021,563
Investment income
$172,870,154
Other revenue
$30,263,765
Total assets, end of year
$6,325,798,605
Total liabilities, end of year
$2,681,400,190
Net assets or fund balances, end of year
$3,644,398,415
Program services expenses (Part IX)
$3,752,009,969
Management and general expenses
$703,924,979
Fundraising expenses
$3,778,918
Program service expenses (Part III)
$3,752,009,969

Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $30,000

  • 1d · Related organizations

    $28,826,072

  • 1e · Government grants (contributions)

    $82,222,977

  • 1f · All other contributions, gifts and grants

    $6,626,492

  • 2a · Program service revenue: PATIENT SERVICE REV

    total $2,160,630,501 · related or exempt $2,160,630,501

  • 2b · Program service revenue: MEDICARE-MEDICAID

    total $1,699,182,664 · related or exempt $1,699,182,664

  • 2c · Program service revenue: PHYSICIAN SERVICES

    total $581,455,679 · related or exempt $581,455,679

  • 2d · Program service revenue: LAB SPEC PROCESSING

    total $1,752,719 · unrelated business $1,752,719

  • 3 · Investment income

    total $101,184,208 · unrelated business $4,741,085 · excluded $96,443,123

  • 4 · Income from investment of tax-exempt bond proceeds

    total $456,288 · related or exempt $456,288

  • 6a · Gross rents

    real property $1,994,215

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,994,215

  • 6d · Net rental income or loss

    total $1,994,215 · excluded $1,994,215

  • 7a · Gross sales of assets other than inventory

    securities $79,397,696

  • 7b · Less cost or other basis and sales expenses

    securities $8,168,038

  • 7c · Gain or loss

    securities $71,229,658

  • 7d · Net gain or loss

    total $71,229,658 · excluded $71,229,658

  • 8a · Fundraising events: gross income

    $1,914,101

  • 8a · Fundraising events: contributions included on line 1c

    $30,000

  • 8b · Fundraising events: direct expenses

    $395,346

  • 8c · Net income from fundraising events

    total $1,518,755 · excluded $1,518,755

  • 11a · Other revenue: Cafeteria

    total $8,834,838 · excluded $8,834,838

  • 11b · Other revenue: Corporate Health

    total $6,442,422 · unrelated business $6,442,422

  • 11c · Other revenue: Parking

    total $3,442,903 · excluded $3,442,903

  • 11d · All other revenue

    total $8,030,632 · unrelated business $12,865 · excluded $8,017,767

  • 11e · Other revenue, total

    $26,750,795

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,186,383 · program services $1,186,383

  • 5 · Compensation of officers, directors and key employees

    total $49,071,500 · management and general $49,071,500

  • 6 · Compensation of disqualified persons

    total $59,340 · management and general $59,340

  • 7 · Other salaries and wages

    total $2,023,714,712 · program services $1,678,681,341 · management and general $342,591,093 · fundraising $2,442,278

  • 8 · Pension plan contributions

    total $84,093,122 · program services $69,755,659 · management and general $14,233,319 · fundraising $104,144

  • 9 · Other employee benefits

    total $221,208,757 · program services $183,493,756 · management and general $37,455,427 · fundraising $259,574

  • 10 · Payroll taxes

    total $124,349,022 · program services $103,148,127 · management and general $21,046,897 · fundraising $153,998

  • 11a · Fees: management

    total $90,774,155 · management and general $90,774,155

  • 11b · Fees: legal

    total $5,188,438 · program services $581 · management and general $5,187,857

  • 11c · Fees: accounting

    total $1,546,610 · management and general $1,546,610

  • 11d · Fees: lobbying

    total $319,500 · management and general $319,500

  • 11g · Fees: other

    total $132,001,806 · program services $132,001,806

  • 12 · Advertising and promotion

    total $25,790,892 · management and general $25,790,892

  • 13 · Office expenses

    total $108,662,816 · program services $89,121,256 · management and general $19,408,504 · fundraising $133,056

  • 14 · Information technology

    total $15,305,681 · program services $12,696,138 · management and general $2,590,588 · fundraising $18,955

  • 16 · Occupancy

    total $99,404,389 · program services $81,838,379 · management and general $17,443,827 · fundraising $122,183

  • 17 · Travel

    total $4,309,451 · program services $3,574,711 · management and general $729,403 · fundraising $5,337

  • 19 · Conferences, conventions and meetings

    total $14,902,760 · program services $12,361,913 · management and general $2,522,418 · fundraising $18,429

  • 20 · Interest

    total $59,201,972 · program services $49,108,328 · management and general $10,020,500 · fundraising $73,144

  • 22 · Depreciation, depletion and amortization

    total $185,977,195 · program services $154,744,545 · management and general $31,005,784 · fundraising $226,866

  • 23 · Insurance

    total $81,338,018 · program services $66,345,482 · management and general $14,893,484 · fundraising $99,052

  • 24a · Other expenses: MEDICAL EXPENSES

    total $1,029,509,439 · program services $1,029,509,439

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $49,419,278 · program services $40,993,535 · management and general $8,364,961 · fundraising $60,782

  • 24c · Other expenses: EQUIPMENT AND RENTAL

    total $7,568,457 · program services $6,278,072 · management and general $1,284,163 · fundraising $6,222

  • 24d · Other expenses: DUES

    total $3,112,115 · program services $2,581,773 · management and general $526,490 · fundraising $3,852

  • 24e · All other expenses

    total $41,698,058 · program services $34,588,745 · management and general $7,058,267 · fundraising $51,046

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,827 · end of year $24,824

  • 2 · Savings and temporary cash investments

    beginning of year $526,209,951 · end of year $251,159,332

  • 3 · Pledges and grants receivable

    beginning of year $24,096,398 · end of year $12,610,212

  • 4 · Accounts receivable

    beginning of year $381,082,151 · end of year $456,480,852

  • 7 · Other notes and loans receivable

    end of year $20,714,281

  • 8 · Inventories for sale or use

    beginning of year $42,163,199 · end of year $43,658,210

  • 9 · Prepaid expenses and deferred charges

    beginning of year $159,594,672 · end of year $154,404,206

  • 10a · Land, buildings and equipment: cost or other basis

    $4,554,981,924

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,650,646,416

  • 10c · Land, buildings and equipment, net

    beginning of year $1,740,076,471 · end of year $1,904,335,508

  • 11 · Investments: publicly traded securities

    beginning of year $2,768,995,744 · end of year $2,864,883,864

  • 12 · Investments: other securities

    beginning of year $3,497,000 · end of year $7,946,000

  • 15 · Other assets

    beginning of year $418,931,573 · end of year $609,581,316

  • 17 · Accounts payable and accrued expenses

    beginning of year $580,563,917 · end of year $588,312,146

  • 20 · Tax-exempt bond liabilities

    beginning of year $479,518,340 · end of year $461,032,804

  • 23 · Secured mortgages and notes payable

    beginning of year $925,000,000 · end of year $925,000,000

  • 25 · Other liabilities

    beginning of year $679,207,625 · end of year $707,055,240

  • 27 · Net assets without donor restrictions

    beginning of year $3,189,410,768 · end of year $3,420,469,950

  • 28 · Net assets with donor restrictions

    beginning of year $210,971,336 · end of year $223,928,465

Mission and programs · 2024

Mission

Designing and delivering high quality, innovative and personalized health care, to build healthier communities and improve lives for patients, consumers, and caregivers.

Activities or mission (Part I)

Refer to Schedule O Designing and delivering high quality, innovative and personalized health care, to build healthier communities and improve lives for patients, consumers, and caregivers.

  • 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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Muhammad Feteiha MD

    Trustee-AHS

    Total calculated
    $1,044,399
    From this org
    $1,013,286
    From related orgs
    $0
    Other
    $31,113
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $916,512
    Bonus
    $95,000
    Other
    $1,774
    Deferred
    $12,055
    Nontaxable benefits
    $19,058
    Filer's total
    $1,044,399

  • Albert Ritter MD

    Trustee-Atlantic Ambulance

    Total calculated
    $0
    Hours/week
    2

  • Dennis Wilson

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Jeanine Liburd

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Brian Gragnolati

    President & CEO

    Total calculated
    $11,531,308
    From this org
    $9,720,812
    From related orgs
    $0
    Other
    $1,810,496
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $3,320,521
    Bonus
    $5,139,690
    Other
    $1,260,601
    Deferred
    $1,741,138
    Nontaxable benefits
    $69,358
    Filer's total
    $11,531,308

  • Christopher R Reidy

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • David Ferguson AA Director

    Trustee-Atlantic Ambulance

    Total calculated
    $411,569
    From this org
    $373,586
    From related orgs
    $0
    Other
    $37,983
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $311,380
    Bonus
    $60,400
    Other
    $1,806
    Deferred
    $23,704
    Nontaxable benefits
    $14,279
    Filer's total
    $411,569

  • Arthur Orduna

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Mervet Asfour MD

    PAMG-Trustee

    Total calculated
    $452,724
    From this org
    $438,219
    From related orgs
    $0
    Other
    $14,505
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $273,932
    Bonus
    $159,946
    Other
    $4,341
    Deferred
    $12,678
    Nontaxable benefits
    $1,827
    Filer's total
    $452,724

  • Grant Parr MD

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Finn Wentworth

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • John Calicchio MD

    PAMG-Trustee

    Total calculated
    $439,648
    From this org
    $407,390
    From related orgs
    $0
    Other
    $32,258
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $258,626
    Bonus
    $144,423
    Other
    $4,341
    Deferred
    $13,206
    Nontaxable benefits
    $19,052
    Filer's total
    $439,648

  • John F Vigorita MD

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • David Peterson

    Trustee-Atlantic Ambulance

    Total calculated
    $256,820
    From this org
    $222,357
    From related orgs
    $0
    Other
    $34,463
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $185,802
    Bonus
    $36,164
    Other
    $391
    Deferred
    $15,713
    Nontaxable benefits
    $18,750
    Filer's total
    $256,820

  • Katharine Driebe

    Trustee-AA

    Total calculated
    $1,061,808
    From this org
    $916,796
    From related orgs
    $0
    Other
    $145,012
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $490,786
    Bonus
    $330,078
    Other
    $95,932
    Deferred
    $115,679
    Nontaxable benefits
    $29,333
    Filer's total
    $1,061,808

  • Kevin Lenahan

    EVP,Chief Bus-Strat Officer

    Total calculated
    $3,385,858
    From this org
    $2,924,716
    From related orgs
    $0
    Other
    $461,142
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,415,590
    Bonus
    $1,094,600
    Other
    $414,526
    Deferred
    $423,493
    Nontaxable benefits
    $37,649
    Filer's total
    $3,385,858

  • Laura A Kelly

    Trustee-AHS Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Michael Gannon MD

    PAMG-Trustee

    Total calculated
    $481,162
    From this org
    $447,030
    From related orgs
    $0
    Other
    $34,132
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $424,309
    Bonus
    $22,301
    Other
    $420
    Deferred
    $15,080
    Nontaxable benefits
    $19,052
    Filer's total
    $481,162

  • Brenda Matti-Orozco

    PAMG-Trustee

    Total calculated
    $458,732
    From this org
    $427,188
    From related orgs
    $0
    Other
    $31,544
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $371,268
    Bonus
    $53,148
    Other
    $2,772
    Deferred
    $17,089
    Nontaxable benefits
    $14,455
    Filer's total
    $458,732

  • Richard W Herbst

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Robert E McCracken

    Trustee-AHS Chairman

    Total calculated
    $0
    Hours/week
    2

  • Revesh Parekh MD

    Trustee-PAMG

    Total calculated
    $880,742
    From this org
    $850,851
    From related orgs
    $0
    Other
    $29,891
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $547,632
    Bonus
    $302,801
    Other
    $418
    Deferred
    $10,839
    Nontaxable benefits
    $19,052
    Filer's total
    $880,742

  • Sean Nicholson

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Sheilah O'Halloran

    EVP,General Counsel

    Total calculated
    $2,141,415
    From this org
    $1,859,057
    From related orgs
    $0
    Other
    $282,358
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $872,855
    Bonus
    $661,315
    Other
    $324,887
    Deferred
    $248,562
    Nontaxable benefits
    $33,796
    Filer's total
    $2,141,415

  • Steven Sheris MD

    EVP,Chief Phy Exec

    Total calculated
    $2,300,890
    From this org
    $1,964,734
    From related orgs
    $0
    Other
    $336,156
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $954,415
    Bonus
    $743,900
    Other
    $266,419
    Deferred
    $278,190
    Nontaxable benefits
    $57,966
    Filer's total
    $2,300,890

  • Theresa Giannattasio DO

    PAMG-Trustee

    Total calculated
    $300,822
    From this org
    $278,951
    From related orgs
    $0
    Other
    $21,871
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $242,396
    Bonus
    $31,760
    Other
    $4,795
    Deferred
    $11,754
    Nontaxable benefits
    $10,117
    Filer's total
    $300,822

  • Christina Johnson MD

    PAMG-Trustee

    Total calculated
    $372,911
    From this org
    $347,571
    From related orgs
    $0
    Other
    $25,340
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $285,711
    Bonus
    $57,440
    Other
    $4,420
    Deferred
    $15,225
    Nontaxable benefits
    $10,115
    Filer's total
    $372,911

  • Jason Smith MD

    PAMG-Trustee

    Total calculated
    $947,699
    From this org
    $918,204
    From related orgs
    $0
    Other
    $29,495
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $670,284
    Bonus
    $247,500
    Other
    $420
    Deferred
    $10,443
    Nontaxable benefits
    $19,052
    Filer's total
    $947,699

  • Lee Starker MD

    PAMG-Trustee

    Total calculated
    $1,895,998
    From this org
    $1,866,281
    From related orgs
    $0
    Other
    $29,717
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $605,239
    Bonus
    $1,260,622
    Other
    $420
    Deferred
    $10,665
    Nontaxable benefits
    $19,052
    Filer's total
    $1,895,998

  • Charles Reid III

    Trustee-VNASH Organization

    Total calculated
    $0
    Hours/week
    2

  • Scott Leighty

    EVP,Chief Health Sy Officer

    Total calculated
    $2,426,778
    From this org
    $2,046,993
    From related orgs
    $0
    Other
    $379,785
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,118,908
    Bonus
    $871,100
    Other
    $56,985
    Deferred
    $324,027
    Nontaxable benefits
    $55,758
    Filer's total
    $2,426,778

  • Michael Walter

    SVP,Chief Fin Officer

    Total calculated
    $1,872,440
    From this org
    $1,615,288
    From related orgs
    $0
    Other
    $257,152
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $982,449
    Bonus
    $592,546
    Other
    $40,293
    Deferred
    $211,325
    Nontaxable benefits
    $45,827
    Filer's total
    $1,872,440

  • Robert Pedowitz DO

    PAMG-Trustee

    Total calculated
    $368,516
    From this org
    $333,108
    From related orgs
    $0
    Other
    $35,408
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $319,320
    Bonus
    $12,667
    Other
    $1,121
    Deferred
    $16,350
    Nontaxable benefits
    $19,058
    Filer's total
    $368,516

  • Justice Jaynee LaVecchia

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Mai Pham MD

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Michael Ranger

    Trustee-AHS

    Total calculated
    $0
    Hours/week
    2

  • Christopher Herzog

    PAMG,VP & COO

    Total calculated
    $886,722
    From this org
    $775,053
    From related orgs
    $0
    Other
    $111,669
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $456,432
    Bonus
    $239,302
    Other
    $79,319
    Deferred
    $84,949
    Nontaxable benefits
    $26,720
    Filer's total
    $886,722

  • Michael Mulligan

    Trustee-AA

    Total calculated
    $0
    Hours/week
    2

  • Frederico Cerrone MD

    PAMG-Chair

    Total calculated
    $884,487
    From this org
    $851,933
    From related orgs
    $0
    Other
    $32,554
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $581,149
    Bonus
    $268,012
    Other
    $2,772
    Deferred
    $18,099
    Nontaxable benefits
    $14,455
    Filer's total
    $884,487

  • Navpreet Minhas MD

    PAMG-TTE Vice Chair

    Total calculated
    $458,373
    From this org
    $426,866
    From related orgs
    $0
    Other
    $31,507
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $323,851
    Bonus
    $102,385
    Other
    $630
    Deferred
    $12,455
    Nontaxable benefits
    $19,052
    Filer's total
    $458,373

  • Nichell Sumpter

    EVP,Chief Admin Officer

    Total calculated
    $1,998,543
    From this org
    $1,715,813
    From related orgs
    $0
    Other
    $282,730
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $859,782
    Bonus
    $665,900
    Other
    $190,131
    Deferred
    $248,644
    Nontaxable benefits
    $34,086
    Filer's total
    $1,998,543

  • Patricia O'Keefe

    SVP,Pres MMC

    Total calculated
    $2,572,152
    From this org
    $2,289,794
    From related orgs
    $0
    Other
    $282,358
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $993,039
    Bonus
    $635,524
    Other
    $661,231
    Deferred
    $248,562
    Nontaxable benefits
    $33,796
    Filer's total
    $2,572,152

  • Robert Adams Jr

    SVP,Pres West Region

    Total calculated
    $1,452,117
    From this org
    $1,266,625
    From related orgs
    $0
    Other
    $185,492
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $596,552
    Bonus
    $510,632
    Other
    $159,441
    Deferred
    $152,992
    Nontaxable benefits
    $32,500
    Filer's total
    $1,452,117

  • Seth Stoller MD

    PAMG-Vice Chair

    Total calculated
    $659,621
    From this org
    $630,504
    From related orgs
    $0
    Other
    $29,117
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $421,726
    Bonus
    $207,812
    Other
    $966
    Deferred
    $10,065
    Nontaxable benefits
    $19,052
    Filer's total
    $659,621

  • Stephanie Schwartz

    SVP,Pres OMC

    Total calculated
    $1,682,533
    From this org
    $1,470,630
    From related orgs
    $0
    Other
    $211,903
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $797,069
    Bonus
    $486,458
    Other
    $187,103
    Deferred
    $170,571
    Nontaxable benefits
    $41,332
    Filer's total
    $1,682,533

  • Suja Mathew

    EVP,Chief Clinical Officer

    Total calculated
    $2,024,651
    From this org
    $1,708,791
    From related orgs
    $0
    Other
    $315,860
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $954,646
    Bonus
    $724,950
    Other
    $29,195
    Deferred
    $275,245
    Nontaxable benefits
    $40,615
    Filer's total
    $2,024,651

  • Maureen Schneider

    SVP,Pres CMC

    Total calculated
    $1,134,143
    From this org
    $1,001,510
    From related orgs
    $0
    Other
    $132,633
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $540,766
    Bonus
    $319,811
    Other
    $140,933
    Deferred
    $119,581
    Nontaxable benefits
    $13,052
    Filer's total
    $1,134,143

  • Sunil Dadlani

    EVP,Chief-Inf/Dig/Tr Offficer

    Total calculated
    $2,218,834
    From this org
    $1,889,710
    From related orgs
    $0
    Other
    $329,124
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $877,514
    Bonus
    $880,200
    Other
    $131,996
    Deferred
    $288,243
    Nontaxable benefits
    $40,881
    Filer's total
    $2,218,834

  • Eric Whitman MD

    Physician

    Total calculated
    $1,142,785
    From this org
    $1,090,380
    From related orgs
    $0
    Other
    $52,405
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $809,548
    Bonus
    $275,597
    Other
    $5,235
    Deferred
    $37,950
    Nontaxable benefits
    $14,455
    Filer's total
    $1,142,785

  • James Wittig MD

    Physician-Chair

    Total calculated
    $4,254,965
    From this org
    $4,233,750
    From related orgs
    $0
    Other
    $21,215
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $2,825,920
    Bonus
    $1,406,019
    Other
    $1,811
    Deferred
    $11,100
    Nontaxable benefits
    $10,115
    Filer's total
    $4,254,965

  • Madeline Ferraro

    VP,Govt and Public Affairs

    Total calculated
    $871,501
    From this org
    $747,724
    From related orgs
    $0
    Other
    $123,777
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $444,112
    Bonus
    $206,460
    Other
    $97,152
    Deferred
    $106,347
    Nontaxable benefits
    $17,430
    Filer's total
    $871,501

  • Rolando Rolandelli

    Chairman-Dept of Surgery

    Total calculated
    $962,884
    From this org
    $903,579
    From related orgs
    $0
    Other
    $59,305
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $806,879
    Bonus
    $93,750
    Other
    $2,950
    Deferred
    $44,850
    Nontaxable benefits
    $14,455
    Filer's total
    $962,884

  • Jeffrey Leary

    Physician

    Total calculated
    $1,625,182
    From this org
    $1,594,994
    From related orgs
    $0
    Other
    $30,188
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,097,692
    Bonus
    $479,172
    Other
    $18,130
    Deferred
    $11,226
    Nontaxable benefits
    $18,962
    Filer's total
    $1,625,182

  • Mark Widmann

    Physician

    Total calculated
    $1,963,375
    From this org
    $1,929,848
    From related orgs
    $0
    Other
    $33,527
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,366,006
    Bonus
    $555,570
    Other
    $8,272
    Deferred
    $14,475
    Nontaxable benefits
    $19,052
    Filer's total
    $1,963,375

  • Philippe Genereux MD

    Physician

    Total calculated
    $1,627,483
    From this org
    $1,590,331
    From related orgs
    $0
    Other
    $37,152
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,589,701
    Bonus
    $0
    Other
    $630
    Deferred
    $18,100
    Nontaxable benefits
    $19,052
    Filer's total
    $1,627,483

  • Tom Thomas

    Physician

    Total calculated
    $1,608,060
    From this org
    $1,576,718
    From related orgs
    $0
    Other
    $31,342
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,010,851
    Bonus
    $564,901
    Other
    $966
    Deferred
    $12,292
    Nontaxable benefits
    $19,050
    Filer's total
    $1,608,060

  • Sean Calhoun

    Physician

    Total calculated
    $1,626,595
    From this org
    $1,596,435
    From related orgs
    $0
    Other
    $30,160
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,451,719
    Bonus
    $143,750
    Other
    $966
    Deferred
    $11,100
    Nontaxable benefits
    $19,060
    Filer's total
    $1,626,595

  • Christopher Zipp

    PAMG-Physician

    Total calculated
    $733,432
    From this org
    $690,344
    From related orgs
    $0
    Other
    $43,088
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $574,126
    Bonus
    $114,389
    Other
    $1,829
    Deferred
    $24,150
    Nontaxable benefits
    $18,938
    Filer's total
    $733,432

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
The organization pays for and/or provides life insurance premiums and long term disability premiums and executive health physical examinations for certain officers, directors and key employees. Such payments made on behalf of these individuals are generally grossed up and inputed and included as taxable compensation in their respective W-2's. The organization provided the following individuals with additional Basic Long Term Disability, Supplemental Long Term Disability, Life Insurance and Long Term Care. The value of these premiums indicated below were included in each of the individual's 2024 W-2 as taxable compensation. Brian Gragnolati 110,658 Kevin Lenahan 44,610 Sheilah O'Halloran 41,324 Patricia O'Keefe 28,942 Stephanie Schwartz 27,240 Steven Sheris 39,964 Nichell Sumpter 21,573 Madeline Ferraro 11,905 Robert Adams 14,324 Suja Mathew 22,433 Katharine Driebe 12,395 Maureen Schneider 13,053 Michael Walter 27,651 Sunil Dadlani 27,300 Scott Leighty 37,581 Christopher Herzog 8,543
Part I, Line 4b
2024 Supplemental Executive Retirement Plan (SERP) Earned Credits Atlantic Health implemented a non-qualified Supplemental Executive Retirement Plan (SERP) paid entirely by Atlantic Health System. The SERP is provided to individuals that hold an executive position with Atlantic Health System. The SERP is in addition to benefits provided under the Atlantic Health System 403(b) and the Cash Balance plan if hired prior to December 15, 2013. During 2024, the following Officers (Executives) received SERP credits: Brian Gragnolati 1,723,038 Steven Sheris, MD 264,390 Katharine Driebe 84,629 Sheilah O'Halloran 245,892 Patricia O'Keefe 203,712 Nichell Sumpter 233,724 Stephanie Schwartz 159,471 Christopher Herzog 74,362 Robert Adams, Jr. 134,892 Michael Walter 193,222 Scott Leighty 305,927 Suja Mathew 257,145 Sunil Dadlani 270,143 Maureen Schneider 107,784 Madeline Ferraro 68,397 Kevin Lenahan 385,483 The above amounts represent earned credits which have not vested and were not included in their respective 2024 W-2 compensation. However, the earned credits were included as Other Compensation in Column (F) of Part VII and in Schedule J, Column (C) of the 2024 IRS 990 tax return per IRS guidance. Once the officer meets the applicable vesting criteria of the plan, the SERP credits will be included as taxable compensation in their respective Form W-2 of that year. 2024 Supplemental Executive Retirement Plan (SERP)Taxable Distributions The following officers received taxable SERP distributions during 2024 based on the vesting criteria of the plan document. These taxable SERP distributions were included in their respective 2024 W-2s and are reported in Other Reportable Compensation in Schedule J (Sch J, (B)(ii))of the this IRS 990: Brian Gragnolati $1,112,605 Katharine Driebe 76,196 Sheliah O'Halloran 223,239 Patricia O'Keefe 594,951 Steven Sheris 207,051 Stephanie Schwartz 147,900 Nichell Sumpter 161,849 Christopher Herzog 68,459 Robert Adams 140,479 Maureen Schneider 104,162 Kevin Lenahan 357,274 Madeline Ferraro 65,778 Sunil Dadlani 92,054
Part I, Line 7
An annual incentive plan exists for the senior management team. The incentive plan distributes bonuses to the senior management team based on performance results on various performance measurements. The performance measurements include: operating gain/loss expense per adjusted admission patient satisfaction scores inpatient and outpatient volumes employee engagement scores quality and safety results. The above performance measures have the following three specific performance goals in order to determine any incentive award: Threshold Target Maximum

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • AMBULATORY SURGICAL CENTER AT MMC HEALTH PAVILION LLC

    To own and operate an ambulatory surgical center · NJ

    Directly controlled by AHS Hospital Corp

  • Healthcare Quality Partners LLC

    Accountable Care Organization (ACO) Services · NJ

    Directly controlled by AHS Hospital Corp

  • Atlantic Alliance LLC

    Accountable Care Organization (ACO) Services · NJ

    Directly controlled by AHs Hospital Corp

  • Advanced Vascular Association (AVA)

    Physician Services · NJ

    Directly controlled by AHS Hospital Corp

  • Advanced Care Oncology and Hematology Assoc LLC

    Physician Services · NJ

    Directly controlled by AHS Hospital Corp

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Morristown Medical Investors

    Real Estate · NJ

  • Primary Care Partners LLC

    Physician Services · NJ

  • Atlantic Rehabilitation Institute LLC

    Rehabilitation Facility · KY

  • Atlantic Health Partners LLC

    Physician Services · NJ

  • Atlantic Brain and Spine LLC

    Physician Services · NJ

  • Premier Health Associates LLC

    Physician Services · NJ

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Atlantic Health Management Corp and Subsidiaries

    C · Healthcare Related Services · NJ

  • AHS Insurance Company Ltd

    C · Insurance · NJ

  • Nutley Medical Care PA

    C · Healthcare · NJ · 100% owned · controlled entity

    Directly controlled by Atlantic Health System Inc

  • Non-Invasive Diagnostics PA

    C · Healthcare · NJ · 100% owned · controlled entity

    Directly controlled by Atlantic Health System Inc

  • Speciality Care of Practice Associates PA

    C · Healthcare · NJ · 100% owned · controlled entity

    Directly controlled by Atlantic Health System Inc

  • Maternal Fetal Medicine of Practice Associates PA

    C · Healthcare · NJ · 100% owned · controlled entity

    Directly controlled by Atlantic Health System Inc

  • Madison Pediatrics PA

    C · Healthcare · NJ · 100% owned · controlled entity

    Directly controlled by Atlantic Health System Inc

  • AHS ACO LLC

    C · Physician Practice · NJ

  • The Northwest New Jersey MedicalSurgical Alliance PC

    C · Healthcare Services · NJ

  • The Northwest New Jersey Urgent Care Alliance PC

    C · Healthcare Services · NJ

  • Chilton Community Care Inc and Subs

    C · Healthcare · NJ

  • Atlantic Advanced Urgent Care LLC

    C · Healthcare · NJ

  • Care Better ACO LLC

    C · Physician Practice · NJ

  • Atlantic Executive Health PA

    C · Physician Practice · NJ

  • AHS Health Network LLC

    C · Physician Practice · NJ

  • Atlantic Health ACO LLC

    C · Physician Practice · NJ

  • Tertiary Care Specialists of Practice Associates PA

    C · Physician Practice · NJ

  • Visiting Nurse Assoc of Somerset Hills Office Park Condo

    C · Home health services · NJ

  • Ancillary Specialists of Practice Associates PA

    C · Physician Practice · NJ

  • Functional Medicine of Practice Associates PA

    C · Physician Practice · NJ

  • Atlantic Urgent Care LLC

    C · Healthcare · NJ

  • CentraState Healthcare Services Inc

    C · Heatlh Services · NJ · 51% owned

    Directly controlled by Atlantic Health System Inc

  • CentraState Medical Associates PC

    C · Health Services · NJ · 51% owned

    Directly controlled by Atlantic Health System Inc

  • CentraState Specialists PC

    C · Health Services · NJ · 51% owned

    Directly controlled by Atlantic Health System Inc

  • CentraState Captive Insurance Co LTD

    Health Services · CJ · 51% owned

    Directly controlled by Atlantic Health System Inc

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543179349310299

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