Atlantic Health System Inc
- Assets
- $1.3m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 98
- Location
- Basking Ridge, NJ
- Founding
- 06/1959
- Data as of
- 12/2019
- EIN
- 22-1487373
Organization Overview
Atlantic Health System Inc is located in Basking Ridge, NJ. The organization was established in 1959. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2019, Atlantic Health System Inc employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Atlantic Health System Inc generated $8.9m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDIVIDUALS AND FAMILIES WITH COMPREHENSIVE, HIGH QUALITY, COST- EFFECTIVE HOME AND COMMUNITY HEALTH CARE SERVICES, REGARDLESS OF ABILITY TO PAY, USING PARTNERSHIPS WHERE APPROPRIATE. THE VISITING NURSE ASSOCIATION OF SOMERSET HILLS HOME HEALTH AND HOSPICE SERVICES, INC. IS A MEDICARE CERTIFIED AND NJ DEPARTMENT OF HEALTH AND SENIOR SERVICES LICENSED HOME HEALTH AGENCY AND HOSPICE, PROVIDING SERVICES TO RESIDENTS OF SOMERSET AND MORRIS COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISITING NURSE ASSOCIATION OF SOMERSET HILLS HOME HEALTH AND HOSPICE SERVICES, INC. PROVIDES REGISTERED NURSES; PHYSICAL, SPEECH AND OCCUPATIONAL THERAPISTS; CERTIFIED HOME HEALTH AIDES AND SOCIAL WORKERS, UNDER PHYSICIAN ORDERS, TO HOME BOUND INDIVIDUALS WHO NEED CARE TO RECOVER FROM ILLNESS OR INJURY. SERVICES ARE PROVIDED THROUGHOUT SOMERSET AND MORRIS COUNTIES.
HOSPICE CARES FOR TERMINALLY ILL INDIVIDUALS IN THEIR PLACE OF RESIDENCE AND PROVIDES SUPPORT AND BEREAVEMENT SERVICE TO THEIR FAMILIES. SERVICES ARE PROVIDED THROUGHOUT SOMERSET AND MORRIS COUNTIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Powell CEO | Officer | 40 | $0 |
Peter Mercer Chair | OfficerTrustee | 1 | $0 |
Reggie Yoskowitz 1st Vice Cha | OfficerTrustee | 1 | $0 |
Elliot Stein 2nd Vice Cha | OfficerTrustee | 1 | $0 |
James Helpinstill Treasurer | OfficerTrustee | 1 | $0 |
Kathy Cummins Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Horizon Blue Cross Health Insuranc | 12/30/19 | $856,830 |
Liberty Drug & Surgical Supplies | 12/30/19 | $164,795 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,861 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,861 |
| Total Program Service Revenue | $8,884,957 |
| Investment income | $6,690 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,914,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,873 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,877,715 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $389,625 |
| Payroll taxes | $302,231 |
| Fees for services: Management | $3,009,619 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,048 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $204,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,722 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $342,141 |
| Total functional expenses | $10,172,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $354,660 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $977,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,331,725 |
| Accounts payable and accrued expenses | $503,951 |
| Grants payable | $0 |
| Deferred revenue | $272,865 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $969,666 |
| Total liabilities | $1,746,482 |
| Net assets without donor restrictions | -$414,757 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,331,725 |