Atlantic Health System Inc
Revenue
$8m
year to 31 December 2024
Expenses
$7.5m
year to 31 December 2024
Total assets
$294.4m
$81.3m liabilities
Net assets
$213.1m
assets less liabilities
Directors and trustees
16
5.7y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
Atlantic Health System Inc's network
16 people10 organisationsi16 people and 10 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (16). Violet dotted lines (22) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
16 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 16 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Arthur Orduna | Trustee-AHS | 2022 | 4 yrs |
| Brian Gragnolati | President & CEO | 2018 | 8 yrs |
| Christopher R Reidy | Trustee-AHS | 2018 | 8 yrs |
| Dennis Wilson | Trustee-AHS | 2022 | 4 yrs |
| Finn Wentworth | Trustee-AHS | 2020 | 6 yrs |
| Grant Parr MD | Trustee-AHS | 2018 | 8 yrs |
| Jeanine Liburd | Trustee-AHS | 2022 | 4 yrs |
| John F Vigorita MD | Trustee-AHS | 2018 | 8 yrs |
| Justice Jaynee Lavecchia | Trustee-AHS | 2023 | 3 yrs |
| Laura Ann Kelly-Vice Chair | Trustee-AHS | 2022 | 4 yrs |
| Mai Pham MD | Trustee-AHS | 2023 | 3 yrs |
| Michael Ranger | Trustee-AHS | 2023 | 3 yrs |
| Muhammad Feteiha MD | Trustee-AHS | 2024 | 2 yrs |
| Richard W Herbst | Trustee-AHS | 2018 | 8 yrs |
| Robert E McCracken-Chair | Trustee-AHS | 2022 | 4 yrs |
| Sean Nicholson | Trustee-AHS | 2018 | 8 yrs |
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Katharine Driebe | VP - Finance | since 2019 |
| Kevin Lenahan | SVP-CFO & Admin Officer | since 2019 |
| Michael Walter | SVP-Chief Financial Officer | since 2022 |
| Sheilah O'Halloran | VP-Ass't Gen Council | since 2019 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Brian Gragnolati | President & CEO | 2 | $0 | $9.7m | $1.8m |
| Christopher R Reidy | Trustee-AHS | 2 | $0 | ||
| Grant Parr MD | Trustee-AHS | 2 | $0 | ||
| John F Vigorita MD | Trustee-AHS | 2 | $0 | ||
| Laura Ann Kelly-Vice Chair | Trustee-AHS | 2 | $0 | ||
| Richard W Herbst | Trustee-AHS | 2 | $0 | ||
| Robert E McCracken-Chair | Trustee-AHS | 2 | $0 | ||
| Finn Wentworth | Trustee-AHS | 2 | $0 | ||
| Sean Nicholson | Trustee-AHS | 2 | $0 | ||
| Dennis Wilson | Trustee-AHS | 2 | $0 | ||
| Jeanine Liburd | Trustee-AHS | 2 | $0 | ||
| Arthur Orduna | Trustee-AHS | 2 | $0 | ||
| Justice Jaynee LaVecchia | Trustee-AHS | 2 | $0 | ||
| Mai Pham MD | Trustee-AHS | 2 | $0 | ||
| Michael Ranger | Trustee-AHS | 2 | $0 | ||
| Muhammad Feteiha MD | Trustee-AHS | 2 | $0 | $1m | $31k |
| Kevin Lenahan | EVP-Chief Bus & Strategy O | 2 | $0 | $2.9m | $423k |
| Sheilah O'Halloran | EVP-General Counsel | 2 | $0 | $1.9m | $286k |
| Michael Walter | SVP-Chief Financial Office | 2 | $0 | $1.6m | $257k |
| Katharine Driebe | VP, Finance | 0 | $0 | $917k | $145k |
About
- Legal name
- Atlantic Health System Inc
- EIN
- 223380375
- Address
- 475 South Street Acctg 920, Morristown, NJ, 07960
- State
- New Jersey
- Mission
- Establish, maintain, sponsor, and promote activities relating to the improvement of human health and the provision of care to the sick and injured through its wholly owned subsidiary, AHS Hospital Corp. The system provides the Hospital Corp and other subsidiaries with general and professional liability coverage under a self-insurance plan and through an affiliated entity. (as filed on the Form 990)
- Activity (NTEE)
- E210 Health care
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Health Care
- Size band
- 9 (IRS master file code)
- Formed
- 1996
- Principal officer
- Michael Walter (as named on the Form 990)
- IRS ruling date
- 1 September 2006
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- GROUP,SOUNK
Most connected
Related organisations (Schedule R)
RelatedFundraisingFoundation for Morristown Medical CenterRelatedFUNDRAISINGNewton Medical Center Foundation IncRelatedREAL ESTATE AND LEASING ACTIVITIES FOR BENEFIT OF EXEMPT ORGANIZATIONNorth Jersey Health Care Properties IncRelatedHOME AND HEALTHCARE SERVICESPrime Care Inc
Longest observed on the filings
≥8years on the filingsBrian Gragnolati
≥8years on the filingsChristopher R Reidy
≥8years on the filingsGrant Parr MD
≥8years on the filingsJohn F Vigorita MD
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $294.4m
- Total liabilities
- $81.3m
- Net assets or fund balances
- $213.1m
- Contributions and grants received
- $0
- Program service revenue
- $6.2m
- Grants and similar paid out
- $6.1m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $8m | $7.5m | $534k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| AHS Hospital Corp | Program Services. | $6.1m |