AtlantiCare
Legal name: Atlanticare Health System Inc - Subordinates
Nonprofit profile at a glance
- EIN
- 900779828
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Egg Harbor Township, NJ, USA
- Phone
- 6095697031
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,053,857,314
- Expenses
- $1,035,946,500
- Assets
- $1,997,696,320
- Liabilities
- $607,506,282
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
71 people listed
Executive titles in this filing
- MICHAEL J CHARLTON (TRUSTEE - AHS PRESIDENT/CEO)
Highest reported compensation
- LORI S HERNDON (FORMER OFFICER (TERM 5/2023)): $2,321,203 total reported compensation
- MICHAEL J CHARLTON (TRUSTEE - AHS PRESIDENT/CEO): $1,576,891 total reported compensation
- CHRISTOPHER A SCANZERA (SVP,CHF.DIG.&TECH (Term 5/24)): $1,404,541 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organizations are committed to improving the health and well-being of the residents of nj by providing quality, patient-centered healthcare services. We make a difference in health and healing, one person at a time, through caring and trusting relationships. Vision. In **February** , our annual Red Dress/Red Tie Reception raised over $52,000 for AtlantiCare’s Heart Heroes program – a Foundation-funded program for automated external defibrillators (AEDs) in the community. In **May** , nearly 700 guests attended AtlantiCare’s 64th Annual Century Club Gala, raising over $660,000 to support our Workforce Excellence Program, which strengthens career pathways and our healthcare workforce. In **July** , proceeds from the 2nd Annual Round for Rick mini-golf fundraiser, which honors late AtlantiCare Board Member Richard Mairone, Esq., went towards mental health awareness and suicide...
What it reported doing in 2024
Expenses incurred in providing inpatient, outpatient, emergency and various other medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay and in furtherance of charitable tax-exempt purposes. Please refer to the community benefit statement in schedule o.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 64
- Accountability: 83
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.1%; rating input score 86
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: $863.17 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 1st percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 50%; rating input score 50; 10th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 70.7%; rating input score 71; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.7%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.93; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 43rd percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site
- Where the money goes: 86.1% of revenue deployed · 90% of spending went to programs
- Governance: 82 of 116 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $932.4M in reported program spending
- Leadership: top reported pay $2.3M · 71 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $140.1M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 28 filed money-flow records
- Related organizations: 13 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.