Atlanticare Physician Group PA
90% goes to programs Thin reserves Growing revenue
Atlanticare Physician Group PA is a 501(c)(3) organization based in Egg Harbor Townshi, New Jersey, registered in 2010, with $307,630,191 in FY2024 revenue. CharityIndex grades it B, and it directs about 90% of spending to programs.
6550 Delilah Road Suite, Egg Harbor Townshi, NJ, 08234 EIN 02-0701782 Since 2010
Revenue (FY2024)
$307.6M
▲ 39.2% vs prior year
Health median: $840K
Expenses (FY2024)
$309.8M
Net assets
$1.1M
Employees
630
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+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 Physician Group PA: 90% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 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 Physician Group PA: 0 mo reserves · -1% margin earns a C on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Physician Group PA: 5 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 Physician Group PA: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization provides medically necessary healthcare services in furtherance of the charitable purposes of armc; a related irc section 501(c)(3) tax-exempt org.
Contact & location
- Address
- 6550 Delilah Road Suite, Egg Harbor Townshi, NJ, 08234
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.7M (FY2013) to $307.6M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $54.2MNet assets $1.1M
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$55.4M
Total liabilities
$54.2M
Net assets
$1.1M
Salaries & benefits
$239.7M
77% of expenses
Board members
5
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $307,630,191▲39.2% | $309,766,827▲39.8% | $1,144,603▼86.1% | $55,351,495▲37.2% | 990 |
| 2019 | $220,923,775▲8.6% | $221,561,680▲7.4% | $8,249,875▼7.2% | $40,354,647▲32.7% | 990 |
| 2018 | $203,456,570▲17.1% | $206,268,351▲17.5% | $8,887,780▼24.0% | $30,421,561▼4.1% | 990 |
| 2017 | $173,700,351▲32.4% | $175,484,214▲30.3% | $11,699,561▲11.3% | $31,715,903▲4.5% | 990 |
| 2016 | $131,164,682▲31.3% | $134,657,706▲23.1% | $10,509,573▲346% | $30,361,817▲39.1% | 990 |
| 2015 | $99,873,633▲44.7% | $109,401,537▲40.6% | $2,354,165▼69.0% | $21,829,621▲11.9% | 990 |
| 2014 | $69,004,887▲5.0% | $77,815,420▲17.3% | $7,594,583▲1214% | $19,501,125▲42.4% | 990 |
| 2013 | $65,734,810 | $66,328,831▲33.0% | $578,116▼50.7% | $13,696,365▼31.3% | 990 |
| 2012 | — | $49,879,919▲52.0% | $1,172,137 | $19,925,428▲109% | 990 |
| 2011 | — | $32,817,861 | $1,172,137 | $9,517,817 | 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: Kirk Mcmurtry Md — $1,215,353 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kirk Mcmurtry Md | Physician | 55 | $1,215,353 |
| Samir M Patel Md | Physician | 55 | $1,054,555 |
| Walter C Hargrove Md | Physician | 55 | $1,033,142 |
| Blair A Bergen Md | Physician | 55 | $1,032,862 |
| Neha Chawla Md | Physician | 55 | $1,032,838 |
| Inua Momodu Md | Trustee - Pres. (term 9/24) | 55 | $925,506 |
| Edward R Fog Do | Trustee - Pres. (eff. 9/24) | 55 | $505,917 |
| Benjamin J Negley | Trustee - Vp & Coo (term 9/24) | 55 | — |
| Donna Michael-ziereis Esq | Trustee - Secretary | 55 | — |
| Hak J Kim | Trustee - Treasurer | 55 | — |
| Joseph Lombardi Md | Trustee (eff. 12/24) | 1 | — |
| Marilouise Venditti Md | Former Officer | 0 | — |
| Robyn A Boniewicz | Trustee - Vp | 55 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Atlanticare Health System Inc | Management | $14,653,196 |
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Frequently asked questions
- Is Atlanticare Physician Group PA a legitimate nonprofit?
- Yes. Atlanticare Physician Group PA is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0701782, based in Egg Harbor Townshi, New Jersey. Donations are tax-deductible.
- What is Atlanticare Physician Group PA's EIN?
- Atlanticare Physician Group PA's Employer Identification Number (EIN) is 02-0701782.
- How much revenue does Atlanticare Physician Group PA report?
- Atlanticare Physician Group PA reported $307,630,191 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Atlanticare Physician Group PA's spending goes to programs?
- Atlanticare Physician Group PA spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Atlanticare Physician Group PA have?
- CharityIndex grades Atlanticare Physician Group PA B, based on program efficiency and fundraising cost.
- How much does Atlanticare Physician Group PA's highest-paid employee make?
- The highest reported compensation on Atlanticare Physician Group PA's latest Form 990 is $1,215,353, paid to Kirk Mcmurtry Md (Physician).
Explore more
Data for Atlanticare Physician Group PA (EIN 02-0701782) 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.