Skip to content
Nonprofiteer
← NORTH JERSEY HEALTH CARE PROPERTIES INC

Form 990 for tax year 2024

Filed by NORTH JERSEY HEALTH CARE PROPERTIES INC.

Totals

Total revenue
-$350,384
Total expenses
$160,821
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • Kevin Lenahan

    President & Treasurer

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

    Schedule J breakdown matched by us

    Base
    $0 + $1,415,590 related
    Bonus
    $0 + $1,094,600 related
    Other
    $0 + $414,526 related
    Deferred
    $0 + $423,493 related
    Nontaxable benefits
    $0 + $37,649 related
    Filer's total
    $0 + $3,385,858 related

  • Sheilah O'Halloran

    Secretary

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

    Schedule J breakdown matched by us

    Base
    $0 + $872,855 related
    Bonus
    $0 + $661,315 related
    Other
    $0 + $324,887 related
    Deferred
    $0 + $248,562 related
    Nontaxable benefits
    $0 + $33,796 related
    Filer's total
    $0 + $2,141,415 related

  • Robert Adams

    Director

    Total calculated
    $1,452,117
    From this org
    $0
    From related orgs
    $1,266,625
    Other
    $185,492
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $596,552 related
    Bonus
    $0 + $510,632 related
    Other
    $0 + $159,441 related
    Deferred
    $0 + $152,992 related
    Nontaxable benefits
    $0 + $32,500 related
    Filer's total
    $0 + $1,452,117 related

  • Robert Peake

    Director

    Total calculated
    $1,053,201
    From this org
    $0
    From related orgs
    $906,396
    Other
    $146,805
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $525,316 related
    Bonus
    $0 + $272,316 related
    Other
    $0 + $108,764 related
    Deferred
    $0 + $120,271 related
    Nontaxable benefits
    $0 + $26,534 related
    Filer's total
    $0 + $1,053,201 related

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 — 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

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 Trustees received SERP credits: Sheilah O'Halloran $245,892 Robert Peake 82,321 Kevin Lenahan 385,483 Robert Adams 134,892 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 Trustee received a taxable SERP distribution during 2023 based on the vesting criteria of the plan document. This taxable SERP distribution was included in the respective 2024 W-2 and is reported in Other Reportable Compensation in Schedule J (Sch J, (B)(ii) of this IRS 990: Sheilah O'Halloran $223,239 Robert Peake 87,958 Robert Adams 140,479 Kevin Lenahan 357,274

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503189349304105

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.