Atlantic Health System Inc

MORRISTOWN, NJ EIN: 22-3380375 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$294.4M

+73.7% YoY

Annual Giving

$6.1M

+3.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$6.1M

+3.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M20202021202220232024
Metric202420232022
Total Assets$294,410,932$169,462,646$133,364,306
Revenue$8,049,102$9,524,927$7,573,385
Expenses$7,515,395$7,015,883$6,825,762
Qualifying Distributions
Net Investment Income$1,224,732$944,800$179,121
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$5M$7M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

AHS Hospital Corp$6.1M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Atlantic Health System Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Brian GragnolatiPresident & CEO2
Christopher R ReidyTrustee-AHS2
Grant Parr MDTrustee-AHS2
John F Vigorita MDTrustee-AHS2
Laura Ann Kelly-Vice ChairTrustee-AHS2
Richard W HerbstTrustee-AHS2
Robert E McCracken-ChairTrustee-AHS2
Finn WentworthTrustee-AHS2
Sean NicholsonTrustee-AHS2
Dennis WilsonTrustee-AHS2
Jeanine LiburdTrustee-AHS2
Arthur OrdunaTrustee-AHS2
Justice Jaynee LaVecchiaTrustee-AHS2
Mai Pham MDTrustee-AHS2
Michael RangerTrustee-AHS2
Muhammad Feteiha MDTrustee-AHS2
Kevin LenahanEVP-Chief Bus & Strategy O2
Sheilah O'HalloranEVP-General Counsel2
Michael WalterSVP-Chief Financial Office2
Katharine DriebeVP, Finance

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Morristown

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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