ATLANTIC HEALTH SYSTEM INC Charity Report

Public IRS 990 nonprofit record

ATLANTIC HEALTH SYSTEM INC

EIN 22-3380375 · Health Care (E210)

What they do

Refer to Schedule OEstablish, Maintain, Sponsor, and Promote Activities Relating to The Improvement of Human Health and The Provision of Care to The Sick or Injured Through Its Wholly Owned Subsidiary, AHS Hospital Corp. Via The Processing of Clinical Research Trials. The System Provides The Hospital Corp and Subsidiaries With General and Professional Liability Coverage Under A Self-insurance Plan and Through An Affiliated Entity.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.37%of revenue went to mission work100.0% of expenses · Program services

$93.37spent for every $100 of revenueRevenue covered expenses this year.

$39.17in assets for every $1 spent this yearSome assets cannot be spent right away.

2.2%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,810,496 for BRIAN GRAGNOLATI (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,049,102

Mission workProgram services$7,515,39593.37% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$533,7076.63% of revenueShown in gray on the chart

Total expenses$7,515,39593.37% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 93.37% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 73.66% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.13% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 61.03% of revenue

2020Expense mix: 99.9% mission · 0.1% management · 0.0% fundraisingTotal expenses: 71.65% of revenue

2019Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 74.68% of revenue

2018Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 99.33% of revenue

2017Expense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 119.39% of revenue

Money in and money out

Revenue$8,049,102

Expenses$7,515,395

Annual surplus $533,707 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,515,395 · 100.0% of expenses

See all reported dollar amounts

Revenue$8,049,102

Expenses$7,515,395

Assets$294,410,932

Income$8,049,102

Contributions$173,674

Mission work (program services)$7,515,395

Grants given$46,169,290

Average grant$5,771,161

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN GRAGNOLATIPRESIDENT & CEO · 2 hrs/week $1,810,496Base · Other $1,810,496

KEVIN LENAHANEVP-CHIEF BUS & STRATEGY O · 2 hrs/week $423,192Base · Other $423,192

SHEILAH OHALLORANEVP-GENERAL COUNSEL · 2 hrs/week $286,358Base · Other $286,358

MICHAEL WALTERSVP-CHIEF FINANCIAL OFFICE · 2 hrs/week $257,152Base · Other $257,152

KATHARINE DRIEBEVP, FINANCE $145,012Base · Other $145,012

MUHAMMAD FETEIHA MDTRUSTEE-AHS · 2 hrs/week $31,113Base · Other $31,113

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

BRIAN GRAGNOLATIPRESIDENT & CEO

KEVIN LENAHANEVP-CHIEF BUS & STRATEGY O

SHEILAH OHALLORANEVP-GENERAL COUNSEL

MICHAEL WALTERSVP-CHIEF FINANCIAL OFFICE

KATHARINE DRIEBEVP, FINANCE

MUHAMMAD FETEIHA MDTRUSTEE-AHS

LAURA ANN KELLY-VICE CHAIRTRUSTEE-AHS

SEAN NICHOLSONTRUSTEE-AHS

ROBERT E MCCRACKEN-CHAIRTRUSTEE-AHS

RICHARD W HERBSTTRUSTEE-AHS

MICHAEL RANGERTRUSTEE-AHS

MAI PHAM MDTRUSTEE-AHS

CHRISTOPHER R REIDYTRUSTEE-AHS

ARTHUR ORDUNATRUSTEE-AHS

JUSTICE JAYNEE LAVECCHIATRUSTEE-AHS

JOHN F VIGORITA MDTRUSTEE-AHS

JEANINE LIBURDTRUSTEE-AHS

GRANT PARR MDTRUSTEE-AHS

FINN WENTWORTHTRUSTEE-AHS

DENNIS WILSONTRUSTEE-AHS

About this charity

Recognized since: January 2006
Location: 475 SOUTH STREET ACCTG 920, MORRISTOWN, NJ 07960
County: Morris
In care of: Michael Walter
Primary officer: Michael Walter, SVP, CFO

How to reach them

WebsiteVisit the charity’s website Phone(973) 660-6100 Officer phone(973) 451-2005

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E210)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes