Atlanticare Health System Inc
90% goes to programs Growing revenue
Atlanticare Health System Inc is a 501(c)(3) organization based in Pomona, New Jersey, registered in 2011, with $99,985,685 in FY2024 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
Jimmie Leeds Road, Pomona, NJ, 08240 EIN 22-3265213 Since 2011
Revenue (FY2024)
$100.0M
▼ 1.2% vs prior year
Health median: $840K
Expenses (FY2024)
$99.3M
Net assets
$40.3M
Employees
454
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating90% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Atlanticare Health System Inc: 90% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Atlanticare Health System Inc: 5 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Atlanticare Health System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Atlanticare Health System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization is the tax-exempt parent entity of atlanticare health system & affiliates; a tax-exempt integrated healthcare delivery system which includes armc.
Contact & location
- Address
- Jimmie Leeds Road, Pomona, NJ, 08240
- City
- Pomona
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $54.1M (FY2013) to $100.0M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $15.2MNet assets $40.3M
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55.5M
Total liabilities
$15.2M
Net assets
$40.3M
Salaries & benefits
$47.0M
47% of expenses
Board members
16
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $99,985,685▼1.2% | $99,308,509▼1.4% | $40,262,491▲10.3% | $55,483,111▼2.4% | 990 |
| 2023 | $101,200,230▲17.2% | $100,765,765▲17.2% | $36,500,488▲16.2% | $56,856,746▲25.8% | 990 |
| 2022 | $86,318,709▲2.7% | $85,951,848▲4.8% | $31,406,012▼16.9% | $45,178,344▼12.7% | 990 |
| 2021 | $84,060,384▲0.1% | $82,021,740▼1.0% | $37,786,219▲41.0% | $51,745,576▲21.1% | 990 |
| 2019 | $84,013,773▼3.3% | $82,813,154▼3.4% | $26,806,574▼0.5% | $42,717,256▲13.3% | 990 |
| 2018 | $86,847,976▲8.2% | $85,758,736▲7.7% | $26,938,212▲6.2% | $37,715,974▼3.8% | 990 |
| 2017 | $80,274,997▲11.3% | $79,660,410▲11.6% | $25,364,176▲10.3% | $39,209,867▲10.3% | 990 |
| 2016 | $72,147,008▲10.9% | $71,367,544▲11.8% | $22,990,980▲17.8% | $35,549,736▼7.8% | 990 |
| 2015 | $65,040,214▼2.0% | $63,831,850▼3.2% | $19,513,761▲1.0% | $38,541,405▲7.8% | 990 |
| 2014 | $66,365,645▲22.8% | $65,917,310▲19.8% | $19,315,000 | $35,760,920▲21.4% | 990 |
| 2013 | $54,060,108 | $55,001,583▲10.6% | $19,314,953▲0.6% | $29,454,696▼8.3% | 990 |
| 2012 | — | $49,724,689▼1.3% | $19,198,570▲0.1% | $32,105,248▼10.2% | 990 |
| 2011 | — | $50,393,730▲87.4% | $19,186,828▲74.7% | $35,745,240▲88.4% | 990 |
| 2010 | — | $26,886,574 | $10,981,200 | $18,976,905 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Lori S Herndon — $2,316,735 (2.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lori S Herndon | Former Officer (term 5/2023) | 0 | $2,316,735 |
| Christopher A Scanzera | Svp,chf.dig.&tech (term 5/24) | 55 | $1,369,051 |
| Michael J Charlton | Trustee - President/ceo | 55 | $1,326,182 |
| Hak J Kim | Evp & Cfo/pres Ahn | 55 | $1,050,400 |
| Donna Michael-ziereis Esq | Evp Admin/clo/cos & Secretary | 55 | $777,720 |
| Debra A Fox | Svp Chief Transformation Off. | 55 | $688,163 |
| Marilouise Venditti Md | Former Officer | 0 | $633,757 |
| Dennis Lennon | Vp & Chief People Officer | 55 | $560,706 |
| Robin M Wyatt | Chief Marketing Officer | 55 | $443,165 |
| Jill R Okeeffe | Vp & General Counsel | 55 | $432,732 |
| Christopher P Tascione | Vp Finance & Corp Controller | 55 | $384,627 |
| Jordan D Ruch | Chief Info. Off. (eff 6/24) | 55 | $358,294 |
| Matthew B Levinson | Vp, Ext Affairs & Development | 55 | $313,406 |
| Mary A Rosen | Avp, Enterprise Applications | 55 | $284,615 |
| Paul Ehrlich | Chief Med Info Off (term 1/24) | 55 | $232,931 |
| Kevin Mcdonnell | Chief Hospital Exec.(eff 8/24) | 55 | $222,826 |
| Barbara Young | Vp & Chief Supply Chain Off. | 55 | — |
| Brett Matik | Trustee | 1 | — |
| David M Goddard | Chairman - Trustee | 1 | — |
| Eugene M Arnone | Trustee | 1 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| Cerner Corporation | It | $9,224,023 |
| Aloysius Butler and Clark | Consulting | $3,714,226 |
| Microsoft Corporation | It | $2,640,192 |
| Crown Castle International Corp | It | $1,717,139 |
| 3m | It | $1,274,565 |
Grants received · $881K total
5 grants to Atlanticare Health System Inc totaling $881K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Food Bank of New Jersey Inc | General support | 2024 | $326,214 |
| Community Food Bank of New Jersey Inc | General | 2023 | $349,521 |
| Community Food Bank of New Jersey Inc | Food | 2022 | $136,755 |
| Community Food Bank of New Jersey Inc | Food | 2021 | $36,194 |
| Community Food Bank of New Jersey Inc | Food distribution | 2020 | $32,057 |
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Frequently asked questions
- Is Atlanticare Health System Inc a legitimate nonprofit?
- Yes. Atlanticare Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3265213, based in Pomona, New Jersey. Donations are tax-deductible.
- What is Atlanticare Health System Inc's EIN?
- Atlanticare Health System Inc's Employer Identification Number (EIN) is 22-3265213.
- How much revenue does Atlanticare Health System Inc report?
- Atlanticare Health System Inc reported $99,985,685 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Atlanticare Health System Inc's spending goes to programs?
- Atlanticare Health System Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Atlanticare Health System Inc have?
- CharityIndex grades Atlanticare Health System Inc A+, based on program efficiency and fundraising cost.
- How much does Atlanticare Health System Inc's highest-paid employee make?
- The highest reported compensation on Atlanticare Health System Inc's latest Form 990 is $2,316,735, paid to Lori S Herndon (Former Officer (term 5/2023)).
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Data for Atlanticare Health System Inc (EIN 22-3265213) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.