Atlanticare Health System Inc
501(c)(3) Donations tax-deductible
90% goes to programs $0 to raise $100 Strong reserves Growing revenue
Atlanticare Health System Inc is a 501(c)(3) organization based in Egg Hbr Twp, New Jersey, registered in 2011, with $1,053,857,314 in FY2024 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
2500 English Creek Ave Ste 500, Egg Hbr Twp, NJ, 08234 EIN 90-0779828 Since 2011
Revenue (FY2024)
$1.1B
▲ 6.5% vs prior year
Expenses (FY2024)
$1.0B
Net assets
$1.4B
Employees
6,859
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 · $0 to raise $100
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 · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +2% 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: 16 mo reserves · +2% 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 →
A+Transparency10% of the rating5 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: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The organizations are committed to improving the health and well-being of the residents of nj by providing quality, patient-centered healthcare services.
What they do
Expenses incurred by atlanticare regional medical center in providing medically necessary inpatient cardiology/cardiac surgery services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.
Expenses incurred by atlanticare regional medical center in providing medically necessary inpatient orthopedic services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, religion or ability to pay.
Contact & location
- Address
- 2500 English Creek Ave Ste 500, Egg Hbr Twp, NJ, 08234
- City
- Egg Hbr Twp
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $740.7M (FY2013) to $1.1B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $607.5MNet assets $1.4B
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0B
Total liabilities
$607.5M
Net assets
$1.4B
Salaries & benefits
$442.7M
43% of expenses
Board members
116
82 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,053,857,314▲6.5% | $1,035,946,500▲3.7% | $1,390,190,038▲8.8% | $1,997,696,320▲5.6% | 990 |
| 2023 | $989,731,151▲6.7% | $999,172,754▲13.7% | $1,278,100,257▲5.2% | $1,891,124,399▲10.5% | 990 |
| 2022 | $927,367,580▲2.0% | $878,514,364▲4.6% | $1,215,062,304▼5.5% | $1,711,766,496▼9.6% | 990 |
| 2021 | $909,225,575▲13.0% | $840,226,347▲8.0% | $1,286,128,055▲47.5% | $1,893,827,880▲18.8% | 990 |
| 2019 | $804,268,846▼7.2% | $777,670,498▼2.1% | $871,844,674▼11.0% | $1,594,062,500▲5.9% | 990 |
| 2018 | $866,318,408▲3.9% | $794,111,488▲5.4% | $979,631,390▲2.1% | $1,505,648,389▲3.9% | 990 |
| 2017 | $834,189,534▼0.6% | $753,736,183▲5.4% | $959,285,223▲26.3% | $1,449,161,769▲7.0% | 990 |
| 2016 | $839,173,717▲4.5% | $715,213,328▼1.0% | $759,660,338▲46.4% | $1,354,615,392▲19.2% | 990 |
| 2015 | $803,178,123 | $722,480,347▲1.4% | $519,021,735▼4.9% | $1,136,752,943▼0.2% | 990 |
| 2014 | $803,048,218▲8.4% | $712,364,215▲2.5% | $545,871,590▼2.8% | $1,138,832,164▲11.2% | 990 |
| 2013 | $740,657,819 | $695,020,467▲1.7% | $561,828,894▲20.9% | $1,024,511,645▲2.4% | 990 |
| 2012 | — | $683,401,405▼3.7% | $464,513,729▲10.9% | $1,000,526,805▲7.1% | 990 |
| 2011 | — | $709,625,412 | $418,856,595 | $934,523,141 | 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: Benjamin J Negley — $885,308 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Benjamin J Negley | Vp & Coo Ahn (termed 9/24) | 55 | $885,308 |
| Vineet Meghrajani Md | Physician | 55 | $756,029 |
| Frank R Carpenter | Svp Chf. Int. Off. (term 7/24) | 55 | $675,777 |
| Larisa K Goganzer | Svp & Chf. Hos. Ex.(term 2/24) | 55 | $655,903 |
| Richard Zalman Md | Medical Director | 55 | $606,683 |
| David Collins Md | Physician | 55 | $573,803 |
| Helene M Burns Dnp Rn | Chief Nurse Executive | 55 | $564,334 |
| Katherine Birkenstock | Former Officer | 0 | $463,269 |
| Brian E Isaacson Md | Psychiatrist | 55 | $453,164 |
| Barbara Cottrell Dnp Rn | Chf Nursing Off. (term 8/24) | 55 | $442,653 |
| Gabriela Andries Md | Physician | 55 | $396,060 |
| Glen Ann Stoll | Chief of Staff & Svp Ah Fdn. | 55 | $393,054 |
| Barbara Young | Vp & Chief Supply Chain Off. | 55 | $353,796 |
| Joseph J Santora Md | Physician | 55 | $350,148 |
| Samantha A Kiley | Vp Comm Health & Social Impact | 55 | $321,021 |
| James Kilmer | Vp & Chf Admin Off.(term 7/24) | 55 | $289,087 |
| Robyn A Boniewicz | Vp, Health Network (eff 9/24) | 55 | $265,883 |
| Monika Finnegan | Director of Finance Abh | 55 | $203,582 |
| Gloria-ann Seel | Avp Behavioral Health | 55 | $200,303 |
| Robert L Szapor | Avp Behav. Health (term 1/24) | 55 | $191,244 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Atlanticare Health System Inc | Management | $84,218,837 |
| P Agnes Inc | Construction | $18,123,054 |
| Medline | Medical | $16,475,444 |
| Cerner Corporation | It | $11,597,936 |
| Symmetry Workforce Solutions LLC | Staffing | $9,653,730 |
Grants made · $513K in FY2024
3 grants totaling $513K in FY2024. All grants made by Atlanticare Health System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Atlanticare Health System Inc | Program support | $500,000 |
| Colleen Sorbello Breast Cancer Foundation Inc | Program support | $6,800 |
| Communities Revolutionizing Open Public Spaces | Program support | $6,000 |
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 90-0779828, based in Egg Hbr Twp, New Jersey. Donations are tax-deductible.
- What is Atlanticare Health System Inc's EIN?
- Atlanticare Health System Inc's Employer Identification Number (EIN) is 90-0779828.
- How much revenue does Atlanticare Health System Inc report?
- Atlanticare Health System Inc reported $1,053,857,314 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 $885,308, paid to Benjamin J Negley (Vp & Coo Ahn (termed 9/24)).
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Data for Atlanticare Health System Inc (EIN 90-0779828) 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.