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 · View filing
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
About Atlantic Health System Inc
Based on IRS filings
Atlantic Health System Inc is a nonprofit organization focused on Health, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $294.4M in total assets. In 2024, it awarded 1 grants totaling $6.1M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include AHS Hospital Corp ($6,130,381).
| Recipient | Purpose | Amount |
|---|---|---|
| AHS Hospital Corp Morristown, NJ | Program Services. | $6,130,381 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Brian Gragnolati | President & CEO | 2 | — |
| Christopher R Reidy | Trustee-AHS | 2 | — |
| Grant Parr MD | Trustee-AHS | 2 | — |
| John F Vigorita MD | Trustee-AHS | 2 | — |
| Laura Ann Kelly-Vice Chair | Trustee-AHS | 2 | — |
| Richard W Herbst | Trustee-AHS | 2 | — |
| Robert E McCracken-Chair | Trustee-AHS | 2 | — |
| Finn Wentworth | Trustee-AHS | 2 | — |
| Sean Nicholson | Trustee-AHS | 2 | — |
| Dennis Wilson | Trustee-AHS | 2 | — |
| Jeanine Liburd | Trustee-AHS | 2 | — |
| Arthur Orduna | Trustee-AHS | 2 | — |
| Justice Jaynee LaVecchia | Trustee-AHS | 2 | — |
| Mai Pham MD | Trustee-AHS | 2 | — |
| Michael Ranger | Trustee-AHS | 2 | — |
| Muhammad Feteiha MD | Trustee-AHS | 2 | — |
| Kevin Lenahan | EVP-Chief Bus & Strategy O | 2 | — |
| Sheilah O'Halloran | EVP-General Counsel | 2 | — |
| Michael Walter | SVP-Chief Financial Office | 2 | — |
| Katharine Driebe | VP, Finance | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Atlantic Health System Inc?
Atlantic Health System Inc is a nonprofit organization focused on Health, based in MORRISTOWN, NJ. It holds $294.4M in total assets as of 2024.
How large is Atlantic Health System Inc?
As of 2024, Atlantic Health System Inc holds $294.4M in total assets with $8.0M in annual revenue. It awarded 1 grants totaling $6.1M in 2024.
Where does Atlantic Health System Inc operate?
Atlantic Health System Inc has awarded grants in New Jersey.
What size grants does Atlantic Health System Inc award?
In 2024, Atlantic Health System Inc awarded 1 grants totaling $6.1M — an average of about $6.1M per grant, based on its IRS Form 990 filings.
What is Atlantic Health System Inc's EIN?
Atlantic Health System Inc's EIN (Employer Identification Number) is 22-3380375. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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