Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New Jersey · Ranked 262 of 1033 by CEO pay.

Atlanticare Health System Inc - Subordinates

Michael J Charlton, Trustee - AHS President/CEO. Fiscal year ending 2024-12.

$1.6M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.73%
of expenses spent on charity care
Schedule H Part I line 7a
8.8%
CEO pay as a share of all charity care

Most of the reported compensation ($1,326,182 of $1,576,891) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$1,053,857,314
Total expenses
$1,035,946,500
Net assets
$1,390,190,038
Employees
6,859
Hospitals covered
2 facilities across 1 filing
Charity care, net
$17,909,855
Bad debt
$30,500,508
Medicare surplus (shortfall), as filed
($40,434,517)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,326,182
Other compensation, including deferred pay and nontaxable benefits (col. F)
$250,709
CEO total compensation (D+E+F)
$1,576,891 to Michael J Charlton

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Atlanticare Health System Inc - Subordinates, EIN 90-0779828, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$84.0M Of which charity care to patients who could not pay (line 7a)$17.9M (21%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($30.5M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Atlanticare Health System Inc - Subordinates: CEO pay $1.6M, charity care 1.73% of expenses