Atlantic Health System Inc

Organization Overview

Atlantic Health System Inc is located in Morristown, NJ. The organization was established in 2006. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Atlantic Health System Inc employed 21,267 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 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 12/2021, Atlantic Health System Inc generated $3.7b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $3.3b during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Atlantic Health System Inc has awarded 332 individual grants totaling $6,978,882. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DESIGNING AND DELIVERING HIGH QUALITY, INNOVATIVE AND PERSONALIZED HEALTH CARE, TO BUILD HEALTHIER COMMUNITIES AND IMPROVE LIVES FOR PATIENTS, CONSUMERS, AND CAREGIVERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS GROUP RETURN CONSISTS OF FIVE NOT-FOR-PROFIT HOSPITALS (AHS HOSPITAL CORP), A NOT-FOR-PROFIT PHYSICIANS PRACTICE (PRACTICE ASSOCIATES MEDICAL GROUP PC) A NOT-FOR-PROFIT AMBULANCE CORPORATION (ATLANTIC AMBULANCE CORP), A NOT-FOR-PROFIT PRIMARY CARE AND OB/GYN MEDICAL CENTER (MEDICAL CENTER PARTNERS, INC.) AND A NOT-FOR-PROFIT EMERGENCY AMBULANCE SERVICE FOR HACKETTSOWN, NJ AND COMMUNITY (HACKETTSOWN REGIONAL MEDICAL CENTER EMERGENCY MEDICAL SERVICES, INC.).CONTINUED ON SCHEDULE O AHS HOSPITAL CORP.(THE "HOSPITAL") IS COMPRISED OF FIVE HOSPITALS, THE MORRISTOWN MEDICAL CENTER ("MORRISTOWN DIVISION"), THE OVERLOOK MEDICAL CENTER("OVERLOOK DIVISION"), THE NEWTON MEDICAL CENTER ("NEWTON DIVISION"),THE CHILTON MEDICAL CENTER ("CHILTON DIVISION"), HACKETTSTOWN MEDICAL CENTER ("HACKETTSTOWN DIVISION") AND PRACTICE ASSOCIATES MEDICAL GROUP (PAMG). THE HOSPITAL AND PAMG ARE ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW JERSEY AND ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE HOSPITAL PROVIDES REGIONAL HEALTH CARE SERVICES INCLUDING A BROAD RANGE OF ADULT, PEDIATRIC, OBSTETRICAL/GYNECOLOGICAL, PSYCHIATRIC, ONCOLOGY, INTENSIVE CARE, CARDIAC CARE AND NEWBORN ACUTE CARE SERVICES TO PATIENTS FROM THE COUNTIES OF MORRIS, ESSEX, PASSAIC, SUSSEX, BERGEN, HUNTERDON, UNION, WARREN AND SOMERSET IN NEW JERSEY, PIKE COUNTY IN PENNSYLVANIA AND SOUTHERN ORANGE COUNTY IN NEW YORK.THE HOSPITAL IS ALSO A REGIONAL HEALTH TRAUMA CENTER THAT PROVIDES TRI-STATE COVERAGE AND PROVIDES NUMEROUS OUTPATIENT AMBULATORY SERVICES, REHABILITATION AND SKILLED CARE AND EMERGENCY CARE.PRACTICE ASSOCIATES MEDICAL GROUP DOING BUSINESS AS ATLANTIC MEDICAL GROUP, PA ("AMG") IS A FACULTY PLAN SERVING ALL OF THE HOSPITAL DIVISIONS. IT IS A NONPROFIT COROPORATION AND AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ORIGINALLY FORMED TO PROVIDE BILLING AND COLLECTION SERVICES FOR FEES GENERATED BY PHYSICIANS EMPLOYED BY THE HOSPITAL DIVISION, AMG NOW SERVES AS PHYSICIAN-GOVERNED GROUP PRACTICE ENTITY WITH MORE THAN 1,100 PROVIDERS. AMG SUPPORTS THE SYSTEM BY IMPROVING CONSISTENCY, ENHANCING COLLABORATION AMONG DELIVERING CARE AND OPTIMIZING CARE SYSTEM OPERATIONS.ATLANTIC AMBLULANCE CORP (THE "COMPANY") WAS ESTABLISHED AS A NOT-FOR-PROFIT ORGANIZATION OF AUGST 3, 2001 IN THE STATE OF NEW JERSEY, EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COMPANY IN ORGANIZED FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO SPONSOR, PROMOTE AND ASSIST IN THE ESTABLISHMENT OR MAINTENANCE OF ACTIVITIES RELATING TO THE IMPROVEMENT OF HUMAN HEALTH AND TO MAINTAIN AND OPERATE A SYSTEM FOR PROVIDING LAND AND AIR BASED AMBULANCE SERVICES, PRIMARILY IN NEW JERSEY. THE COMPANY'S SOLE MEMBER IS ATALNTIC HEALTH SYSTEM, INC. , A NEW JERSEY BASED NOT-FOR-PROFIT CORPORATION.THE AMBULANCE COMPANY (ATLANTIC AMBULANCE CORP) IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES TO SPONSOR, PROMOTE AND ASSIST IN THE ESTABLISHMENT OR MAINTENANCE OF ACTIVITIES RELATING TO THE IMPROVEMENT OF HUMAN HEALTH AND TO MAINTAIN AND OPERATE A SYSTEM FOR PROVIDING AMBULANCE SERVICES, INCLUDING MOBILE INTENSIVE CARE UNIT SERVICES TOGETHER WITH RELATED EMERGENCY MEDICAL SERVICES, PRIMARILY IN NEW JERSEY. MEDICAL CENTER PARTNERS, INC. OPENED IN 2012 WITH TWO OFFICES ACCORDING TO THE NEEDS ASSESSMENT OF THE COMMUNITY: A PRIMARY CARE AND OB/GYN.HACKETTSTOWN REGIONAL MEDICAL CENTER EMERGENCY MEDICAL SERVICES, INC. (HRMC-EMS) PROVIDES EMERGENCY AMBULANCE SERVICE FOR HACKETTSTOWN, NJ AND THE SURROUNDING COMMUNITIES. HRMC-EMS ALSO PROVIDES PATIENT TRANSPORTATION SERVICES FOR HRMC PATIENTS AND RESIDENTS/PATIENTS OF OTHER INSTITUTIONS SUCH AS ASSISTED LIVING FACILITIES AND NURSING HOMES. VAN SERVICE IS ALSO PROVIDED FOR OUTPATIENTS IN NEED OF TRANSPORTATION. HRMC-EMS ALSO PROVIDES 911 AMBULANCE SERVICE FOR RESIDENTS OF MOUNT OLIVE TOWNSHIP, KNOWLTON TOWNSHIP, ROXBURY AND LONG VALLEY, NJ.THE FOLLOWING 4 ENTITIES PROVIDE ASSISTANCE TO OLDER PEOPLE AND THEIR CAREGIVERS BY ASSISTING THEM WITH FINDING THE HEALTH CARE SERVICES AND COMMUNITY RESOURCES THAT THEY NEED TO LIVE LONGER, HEALTHIER AND MORE ACTIVE LIVES. IT PROVIDES SKILLED AND COMPASSIONATE SUPPORT TO THE RESIDENTS OF ESSEX, HUNTERDON, MORRIS, PASSAIC, SOMERSET, SUSSEX, UNION AND WARREN COUNTIES IN NEW JERSEY AND PIKE COUNTY IN PENNSYLVANIA.1 ADULT DAY CENTER OF THE VISITING NURSE ASSOCIATION OF SOMERSET HILLS, INC.IS AN ADULT DAY SERVICES IN BASKING RIDGE, NJ. 2. VISITING NURSE ASSOCIATION OF SOMERSET HILLS, INC. IS HOME HEALTH SERVICES.3. VISITING NURSE ASSOCIATION OF VISITING NURSE ASSOCIATION OF SOMERSET HILLS COMMUNITY HEALTH SERVICES, INC. PROVIDES COMMUNITY HEALTH SERVICES.4. VISITING NURSE OF SOMERSET HILLS HOME HEALTH & HOSPICE SERVICES, INC. PROVIDES HOME HEALTH AND HOSPICE SERVICES.ATLANTIC CORE THERAPY AND WELLNESS PA IS A CORPORATION ORGANIZED TO ENGAGE IN THE BUSINESS OF RENDERING THE SAME PROFESSIONAL SERVICES TO THE PUBLIC THAT A DOCTOR OF MEDICINE OR OSTEOPATHY IS AUTHORIZED TO RENDER AND ANY CLOSELY ALLIED SERVICES. THE CORPORATION IS ORAGIZED AND WILL BE OPERATED EXCLUSIVELY TO FURTHER THE CHARITABLE PURPOSES OF ATLANTIC HEALTH SYSTEM, INC. AND AHS HOSPITAL CORP.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Gragnolati
President & CEO
$5,694,565
James Wittig MD
Physician-Chair
$2,604,929
Amy Perry-Termed 103121
SVP - Delivery & CEO Hosp.
$2,394,486
Kevin Lenahan
Evp- Chief Bus & Strategy Officer
$2,093,426
Steven Sheris MD
Evp, Chief Physician Executive
$1,724,934
Patricia O'keefe
President-Mmc
$1,693,445

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tricon Construction Services
Construction
$16,596,927
Zotec Partners Llc
Physician Billing
$14,705,068
Cogen Power Technolgies
Construction Management
$13,390,612
Torcon Inc
Construction Management
$12,475,391
Holt Construction
Construction
$11,457,577
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,013,391
Government grants $28,285,519
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,298,910
Total Program Service Revenue$3,531,437,528
Investment income $165,173,234
Tax Exempt Bond Proceeds $2,553
Royalties $0
Net Rental Income $1,424,949
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $540,403
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,748,525,032

Grants Awarded

Over the last fiscal year, Atlantic Health System Inc has awarded $763,657 in support to 43 organizations.

Grant RecipientAmount

Summit, NJ

PURPOSE: General Support

$68,732

Paterson, NJ

PURPOSE: General Support

$40,000

VISIONS AND PATHWAYS

Org PageRecipient Profile

Bridgewater, NJ

PURPOSE: General Support

$35,061

LINCOLN PARK PUBLIC SCHOOLS

PURPOSE: General Suppport

$32,270

PARENT TO PARENT ADDICTION SERV

Org PageRecipient Profile

Washington, NJ

PURPOSE: General Support

$30,000

DOMESTIC ABUSESEXUAL ASSAULT CRISIS CENTER

Org PageRecipient Profile

Washington, NJ

PURPOSE: General Support

$28,268
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Atlantic Health System Inc has recieved totaling $40,000.

Awarding OrganizationAmount
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Patient Support

$10,000
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Patient Support

$10,000
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Patient Support

$10,000
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Patient Support

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$181,506,836
Earnings$5,719,346
Net Contributions$57,379,727
Other Expense$28,784,800
Ending Balance$215,821,109

Peer Organizations

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