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Atlanticare Health System Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223265213 ✦ Egg harbor township, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Atlanticare Health System Inc?

Atlanticare Health System Inc, located in Egg Harbor Township, New Jersey, is a tax-exempt parent organization of a healthcare delivery system. They are dedicated to operating a non-discriminatory, integrated healthcare system, with Atlanticare Regional Medical Center being a key component. This tax-exempt organization, as stated in Schedule O, provides essential healthcare services to all individuals, regardless of race, color, creed, sex, national origin, or ability to pay. Atlanticare Health System Inc employs 337 people and is committed to continually developing and operating this system to meet the medical needs of the community.


Official website here: www.atlanticare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Atlanticare Health System Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization's score, based entirely on its Accountability & Finance measures, demonstrates effective governance and transparency in managing its resources.

The nonprofit features a robust independent board, consisting of 75% independent members, and has received full marks for its financial oversight practices. Their program expense ratio stands at an impressive 90%, indicating that the majority of their funds are directed towards their programs, which speaks to their commitment to their mission and service delivery.

There are no significant limitations noted in the data, as the organization has shown no material diversions of assets and has comprehensive policies in place for conflict of interest, whistleblower protection, and document retention. Overall, Atlanticare Health System Inc exemplifies strong operational integrity, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Atlanticare Health System Inc legitimate?

Atlanticare Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanticare Health System Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,964,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,726,509

For more financial information, click here


Official website here: www.atlanticare.org

What is the mission statement of Atlanticare Health System Inc?

Atlanticare Health System Inc is a tax-exempt organization that operates an integrated healthcare delivery system. It aims to continuously develop and manage this system, which provides medically necessary healthcare services to individuals regardless of their race, color, creed, sex, national origin, or ability to pay. Atlanticare Health System Inc is a 501(c)(3) tax-exempt entity that operates Atlanticare Regional Medical Center, with a mission to deliver healthcare services to all. Their commitment prioritizes equal access to care for all individuals.


Official website here: www.atlanticare.org

Who is the CEO of Atlanticare Health System Inc?

Michael J Charlton is the Chairman - Trustee of Atlanticare Health System Inc. The CEO's salary of Atlanticare Health System Inc is $1,525,141 and their total compensation is $1,915,461.


Official website here: www.atlanticare.org

What is the revenue of Atlanticare Health System Inc?

Atlanticare Health System Inc's revenue in 2022 was $86,318,709.


Official website here: www.atlanticare.org

Who are the executives of Atlanticare Health System Inc and what are their salaries?

The average compensation at Atlanticare Health System Inc during 2022 was $85,137. There are 337 employees at Atlanticare Health System Inc.


Here are 29 key members and their salaries (Atlanticare Health System Inc's CEO's salary is $1,525,141 and their total compensation is $1,915,461):


Lori S Herndon (Trustee - President/Ceo)
  • Compensation: $1,525,141
  • Related: $0
  • Other: $390,320
Howard I Axelrod Md (Trustee (Termed))
  • Compensation: $0
  • Related: $894,536
  • Other: $38,901
Marilouise Venditti Md (Svp, Chief Medical Officer)
  • Compensation: $814,499
  • Related: $0
  • Other: $78,175
Hak J Kim (Svp, Chief Financial Officer)
  • Compensation: $754,256
  • Related: $0
  • Other: $111,287
Donna Michael-Ziereis Esq (Vp General Counsel/Secretary)
  • Compensation: $537,940
  • Related: $0
  • Other: $102,057
Terri Lu Schieder (Svp Bus Dev (Term 11/19/22))
  • Compensation: $575,449
  • Related: $0
  • Other: $46,308
Christopher A Scanzera (Vp & Chief Information Officer)
  • Compensation: $473,954
  • Related: $0
  • Other: $94,429
Larisa K Goganzer (Vp & Coo Armc)
  • Compensation: $0
  • Related: $469,529
  • Other: $90,190
Katherine Birkenstock (Vp & Cno)
  • Compensation: $0
  • Related: $474,515
  • Other: $80,135
Richard D Lovering (Svp Adm Svcs&Chro(Term 7/2/22))
  • Compensation: $435,201
  • Related: $0
  • Other: $25,480
Debra A Fox (Vp Surgical Svcs & Hosp Med.)
  • Compensation: $372,207
  • Related: $0
  • Other: $60,558
Paul Ehrlich (Chief Med. Information Officer)
  • Compensation: $365,025
  • Related: $0
  • Other: $44,910
Barbara Young (Assistant Vp Supply Chain)
  • Compensation: $0
  • Related: $256,403
  • Other: $46,885
Mary A Rosen (Avp It Integration & Operation)
  • Compensation: $279,756
  • Related: $0
  • Other: $15,618
Cynthia L Dougherty (Avp Cnio (Termed 11/26/22))
  • Compensation: $256,885
  • Related: $0
  • Other: $15,989
Mary A Tait (Avp Hr (Termed 6/18/22))
  • Compensation: $244,084
  • Related: $0
  • Other: $9,489
Margaret A Belfield (Evp & Coo (Termed 1/1/22))
  • Compensation: $0
  • Related: $248,292
  • Other: $2,583
Priyesh T Thakkar Do (Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Michael J Charlton (Chairman - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Goddard (Vice Chairman - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth R Steinberg Pe (Secretary - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy S Sykes Rn (Treasurer - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pacifico Agnellini Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel E Aponte (Trustee; Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene M Arnone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalind E Kincaid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Mack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Sadik Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald L Caplan Phd (Trustee (Termed))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.atlanticare.org

Where can I find the form 990 for Atlanticare Health System Inc?

Atlanticare Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.atlanticare.org

Learn more at the official website: www.atlanticare.org

Mission Statement of Atlanticare Health System Inc

Atlanticare Health System Inc, a tax-exempt organization and the parent entity of Atlanticare Health System and affiliates, is committed to continuously developing and operating a tax-exempt integrated healthcare delivery system. This system includes Atlanticare Regional Medical Center, a section 501(c)(3) tax-exempt organization, which provides medically necessary healthcare services to all individuals, regardless of race, color, creed, sex, national origin, or ability to pay.

Atlanticare Health System Inc's mission is geared towards delivering healthcare services to everyone in need. The organization operates as a not-for-profit entity, focusing on the provision of essential medical care to individuals without discrimination. The healthcare services offered cater to a wide range of medical requirements, ensuring accessibility and inclusivity for all. The organization's unwavering dedication to serving everyone, irrespective of their background or financial capabilities, sets it apart from traditional for-profit healthcare providers.

Moreover, Atlanticare Health System Inc's mission extends beyond just providing basic healthcare services. The organization strives to create a comprehensive healthcare delivery system where individuals from diverse communities and backgrounds can receive the care they deserve. This commitment to inclusivity and accessibility is a cornerstone of Atlanticare Health System Inc's mission and reflects its dedication to making a positive impact on the lives of its patients.

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Impact




October, 2024

Atlanticare Health System Inc plays a vital role in providing comprehensive healthcare services to the community. It serves as the parent entity of Atlanticare Regional Medical Center and other affiliates, functioning as an integrated healthcare delivery system dedicated to ensuring access to medically necessary healthcare services.

Located in Egg Harbor Township, New Jersey, Atlanticare Health System is committed to offering care in a non-discriminatory manner, irrespective of an individual's race, color, creed, sex, national origin, or ability to pay. This commitment to inclusivity reinforces its mission to promote health equity and community well-being.

The organization invests in various initiatives to support both the Atlanticare Regional Medical Center and its affiliated entities, focusing on delivering quality care to all individuals. Through its operations, Atlanticare significantly contributes to the health of the local population, enhancing the overall quality of life in the region. By placing emphasis on community benefit, Atlanticare Health System addresses critical health needs and fosters a healthier community environment.




This information is meant to be a general summary of Atlanticare Health System Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$86,318,709 (2022)
Expenses
$85,951,848 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $366,862
  • Program Service Revenue: $85,951,847
  • Gross Receipts: $86,318,709

Assets and Liabilities:

  • Total Assets: $45,178,344
  • Total Liabilities: $13,772,332
  • Net Assets: $31,406,012

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEE - AFFILIATES

Revenue

$85,939,013

OTHER PROGRAM RELATED REVENUE

Revenue

$12,834

Organization Details

Founding Year

1993

Principal Officer

Michael J Charlton

Main Address

2500 ENGLISH CREEK AVENUE BLDG 500, EGG HARBOR TOWNSHIP, NJ, 08234

NTEE Category

Code: E21 - Health

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