Civic Intelligence

The Southern New Jersey Hospital

EIN 23-2304656 • 501(c)3 • Absecon, NJ

Profile

To provide workers compensation coverage to employees of the atlanticare regional medical center and other related entities in compliance with nj compensation laws.

C/O Glenn Ins 500 E Absecon BlvdAbsecon, NJ 08201

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.68x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$6,480

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

20th percentile

-4.7%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.5%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,541,631

Down $275,785 (-4.7%) from 2023

Liabilities

Down

$3,746,366

Down $661,909 (-15%) from 2023

Net Assets

Up

$1,795,265

Up $386,124 (+27%) from 2023

Revenue

Up

$3,101,953

Up $14,557 (+0.5%) from 2023

Expenses

Down

$2,715,829

Down $75,232 (-2.7%) from 2023

Net Income

Up

$386,124

Up $89,789 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $6,095,008Liabilities 2011: $3,612,156Net Assets 2011: $2,482,8522011Assets 2012: $6,615,275Liabilities 2012: $3,507,022Net Assets 2012: $3,108,2532012Assets 2013: $7,261,118Liabilities 2013: $2,970,632Net Assets 2013: $4,290,4862013Assets 2014: $7,816,539Liabilities 2014: $3,123,761Net Assets 2014: $4,692,7782014Assets 2015: $8,390,455Liabilities 2015: $2,888,009Net Assets 2015: $5,502,4462015Assets 2016: $8,366,794Liabilities 2016: $3,447,814Net Assets 2016: $4,918,9802016Assets 2017: $7,673,002Liabilities 2017: $3,759,855Net Assets 2017: $3,913,1472017Assets 2018: $7,461,105Liabilities 2018: $4,019,846Net Assets 2018: $3,441,2592018Assets 2019: $6,798,406Liabilities 2019: $3,807,307Net Assets 2019: $2,991,0992019Assets 2020: $6,283,323Liabilities 2020: $3,792,980Net Assets 2020: $2,490,3432020Assets 2021: $5,612,236Liabilities 2021: $3,857,115Net Assets 2021: $1,755,1212021Assets 2022: $5,532,250Liabilities 2022: $4,419,444Net Assets 2022: $1,112,8062022Assets 2023: $5,817,416Liabilities 2023: $4,408,275Net Assets 2023: $1,409,1412023Assets 2024: $5,541,631Liabilities 2024: $3,746,366Net Assets 2024: $1,795,2652024

Highlighted filing

2024

Assets$5,541,631
Liabilities$3,746,366
Net Assets$1,795,265

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,716,4662011Expenses 2012: $2,583,1092012Expenses 2013: $2,027,4542013Revenue 2014: $3,203,660Expenses 2014: $2,801,368Net Income 2014: $402,2922014Revenue 2015: $3,013,501Expenses 2015: $2,203,833Net Income 2015: $809,6682015Revenue 2016: $2,741,581Expenses 2016: $3,325,047Net Income 2016: -$583,4662016Revenue 2017: $2,289,120Expenses 2017: $3,365,823Net Income 2017: -$1,076,7032017Revenue 2018: $2,722,955Expenses 2018: $3,194,843Net Income 2018: -$471,8882018Revenue 2019: $2,781,366Expenses 2019: $3,231,526Net Income 2019: -$450,1602019Revenue 2020: $2,719,732Expenses 2020: $3,220,488Net Income 2020: -$500,7562020Revenue 2021: $2,821,382Expenses 2021: $3,205,717Net Income 2021: -$384,3352021Revenue 2022: $2,903,059Expenses 2022: $3,545,374Net Income 2022: -$642,3152022Revenue 2023: $3,087,396Expenses 2023: $2,791,061Net Income 2023: $296,3352023Revenue 2024: $3,101,953Expenses 2024: $2,715,829Net Income 2024: $386,1242024

Highlighted filing

2024

Revenue$3,101,953
Expenses$2,715,829
Net Income$386,124

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.54$3.75$1.80$3.10$2.72$0.39
2023Detailed filing. Detailed filing data is available for this year.$5.82$4.41$1.41$3.09$2.79$0.30
2022Detailed filing. Detailed filing data is available for this year.$5.53$4.42$1.11$2.90$3.55$0.64
2021Detailed filing. Detailed filing data is available for this year.$5.61$3.86$1.76$2.82$3.21$0.38
2020Detailed filing. Detailed filing data is available for this year.$6.28$3.79$2.49$2.72$3.22$0.50
2019Detailed filing. Detailed filing data is available for this year.$6.80$3.81$2.99$2.78$3.23$0.45
2018Detailed filing. Detailed filing data is available for this year.$7.46$4.02$3.44$2.72$3.19$0.47
2017Detailed filing. Detailed filing data is available for this year.$7.67$3.76$3.91$2.29$3.37$1.08
2016Detailed filing. Detailed filing data is available for this year.$8.37$3.45$4.92$2.74$3.33$0.58
2015Detailed filing. Detailed filing data is available for this year.$8.39$2.89$5.50$3.01$2.20$0.81
2014Detailed filing. Detailed filing data is available for this year.$7.82$3.12$4.69$3.20$2.80$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$2.97$4.29$2.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$3.51$3.11$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$3.61$2.48$2.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$3,101,953
Mission and Program Overview

Mission

To provide workers compensation coverage to employees of the atlanticare regional medical center and other related entities in compliance with nj compensation laws

The trust fund is used exclusively for the purpose of providing workmens compensation benefits directly through self-insurance and through certain excess insurance coverage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,763,255$5,491,210▼ $272,045
Prepaid Expenses and Deferred Charges$54,161$50,421▼ $3,740
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,817,416$5,541,631▼ $275,785
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$4,199,127$3,555,714▼ $643,413
Accounts Payable and Accrued Expenses$209,148$190,652▼ $18,496
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,408,275$3,746,366▼ $661,909
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,409,141$1,795,265▲ $386,124
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,409,141$1,795,265▲ $386,124
Total Liabilities and Net Assets / Fund Balance$5,817,416$5,541,631▼ $275,785
Compensation and Service Providers

Employees

NameTitleBaseTotal
Pnc Bank NaTrustee$6,480$6,480

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,820,000
Investment Income
$281,953
Other Revenue
$0
Change in Net Assets
$386,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,295,887
Salaries, Compensation, and Employee Benefits$419,942
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$413,462--$413,462
Fees for Services Management-$91,200-$91,200
Information Technology$72,281--$72,281
Other Expenses$30,774--$30,774
Insurance$21,001--$21,001
Fees for Services Other$10,972--$10,972
Fees for Services Accounting-$7,270-$7,270
Current Officers, Directors, Trustees, and Key Employees$6,480--$6,480
Total Functional Expenses$2,617,359$98,470$0$2,715,829
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Unpaid Claims$3,555,714
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Atlanticare health system, inc. (atlanticare) is the sole member of atlanticare regional health services, atlanticare foundation (foundation), and atlanticare health engagement (health engagement). This federal form 990 was provided to the orgranization's governing body; its full board of trustees, for review prior to filing with the internal revenue service ("irs"). This organization's governing body has been delegated the form 990 preparation, review and filing process. As part of the tax return preparation process the system hired a professional cpa firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and internal working group to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's finance personnel and internal working group for their review. The organization's finance personnel and internal working group reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's finance personnel and internal working group for final review and approval prior to providing the federal form 990 to each member of the organization's governing body and filing with the irs.

Form 990, Part VI, Section C, Line 19

THE ORGANIZATION'S Compiled FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART VI, SECTION B; QUESTION 12

ATLANTICARE HEALTH SYSTEM, INC. (ATLANTICARE) IS THE SOLE MEMBER OF ATLANTICARE REGIONAL HEALTH SERVICES, ATLANTICARE FOUNDATION (FOUNDATION), AND ATLANTICARE HEALTH ENGAGEMENT (HEALTH ENGAGEMENT). A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THE ORGANIZATION AND SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WItH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION AND ATLANTICARE HEALTH SYSTEM'S GENERAL COUNSEL FOR REVIEW. THE GENERAL COUNSEL THEN PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIUDAL BY INDIVIDUAL BASIS. ATLANTICARE HEALTH SYSTEM'S GENERAL COUNSEL THEN PRESENTS THIS SUMMARY TO ATLANTICARE HEALTH SYSTEM'S GOVERNANCE COMMITTEE FOR THEIR REVIEW AND DISCUSSION.

Filing and Contact Details

Filer

Filer Name
The Southern New Jersey Hospital
EIN
23-2304656
In Care Of
% GLENN INSURANCE CO
Phone
6096413000
Address
C/O Glenn Ins 500 E Absecon Blvd, Absecon, NJ 08201

Signing Officer

Name
Hak Kim
Title
EVP, CFO & President
Phone
6096413000
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hak Kim
Formed
1986
Legal Domicile
Nj
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Michael Pintabone
Phone
7328281614
Supplemental Narrative

Additional Explanations

Schedule A, Part I, Line 11B

The trust is funded by the supporting organization (southern nj hospital) to pay the expenses and benefits arising from workers compensation claims. The trust supports the supporting organization by providing the administrative services connected to these claims and the management of the unused funds.

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0209148
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0190652
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE TRUST FUND IS USED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING WORKMENS COMPENSATION BENEFITS DIRECTLY THROUGH SELF-INSURANCE AND THROUGH CERTAIN EXCESS INSURANCE COVERAGE.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GLENN INSURANCE CO
IRS990/BooksInCareOfDetail/PhoneNum06096413000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 E ABESCON BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ABSECON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0082010365
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt06480
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt06480
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0281953
IRS990/CYOtherExpensesAmt02295887
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02820000
IRS990/CYRevenuesLessExpensesAmt0386124
IRS990/CYSalariesCompEmpBnftPaidAmt0419942
IRS990/CYTotalExpensesAmt02715829
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03101953
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0ORGANIZATION PROVIDES WORKERS COMPENSATION COVERAGE TO EMPLOYEES OF THE ATLANTICARE REGIONAL MEDICAL CENTER AND OTHER RELATED ENTITIES IN COMPLIANCE WITH NJ COMPENSATION LAWS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt02617359
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07270
IRS990/FeesForServicesAccountingGrp/TotalAmt07270
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt091200
IRS990/FeesForServicesManagementGrp/TotalAmt091200
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010972
IRS990/FeesForServicesOtherGrp/TotalAmt010972
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0PNC BANK NA
IRS990/Form990PartVIISectionAGrp/PersonNm1AtlantiCare REGIONAL MEDICAL CENTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03101953
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt072281
IRS990/InformationTechnologyGrp/TotalAmt072281
IRS990/InsuranceGrp/ProgramServicesAmt021001
IRS990/InsuranceGrp/TotalAmt021001
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0281953
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0281953
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE WORKERS COMPENSATION COVERAGE TO EMPLOYEES OF THE ATLANTICARE REGIONAL MEDICAL CENTER AND OTHER RELATED ENTITIES IN COMPLIANCE WITH NJ COMPENSATION LAWS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01409141
IRS990/NetAssetsOrFundBalancesEOYAmt01795265
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01409141
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01795265
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CLAIMS EXPENSE
IRS990/OtherExpensesGrp/Desc1SECOND INJURY FUND
IRS990/OtherExpensesGrp/Desc2RENEWAL FEE
IRS990/OtherExpensesGrp/Desc3NJ SIGA ASSESSMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt01803123
IRS990/OtherExpensesGrp/ProgramServicesAmt1257916
IRS990/OtherExpensesGrp/ProgramServicesAmt21350
IRS990/OtherExpensesGrp/ProgramServicesAmt330774
IRS990/OtherExpensesGrp/TotalAmt01803123
IRS990/OtherExpensesGrp/TotalAmt1257916
IRS990/OtherExpensesGrp/TotalAmt21350
IRS990/OtherExpensesGrp/TotalAmt330774
IRS990/OtherLiabilitiesGrp/BOYAmt04199127
IRS990/OtherLiabilitiesGrp/EOYAmt03555714
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0413462
IRS990/OtherSalariesAndWagesGrp/TotalAmt0413462
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054161
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050421
IRS990/PrincipalOfficerNm0Hak Kim
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02820000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02820000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0267396
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02403845
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02820000
IRS990/PYRevenuesLessExpensesAmt0296335
IRS990/PYSalariesCompEmpBnftPaidAmt0387216
IRS990/PYTotalExpensesAmt02791061
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03087396
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0386124
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02820000
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05763255
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05491210
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0210634549
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02715829
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ATLANTICARE REGIONAL MEDICAL CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02715829
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03555714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVE FOR UNPAID CLAIMS
IRS990ScheduleD/TotalLiabilityAmt03555714
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ATLANTICARE HEALTH SYSTEM, INC. (ATLANTICARE) IS THE SOLE MEMBER OF ATLANTICARE REGIONAL HEALTH SERVICES, ATLANTICARE FOUNDATION (FOUNDATION), AND ATLANTICARE HEALTH ENGAGEMENT (HEALTH ENGAGEMENT). THIS FEDERAL FORM 990 WAS PROVIDED TO THE ORGRANIZATION'S GOVERNING BODY; ITS FULL BOARD OF TRUSTEES, FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). THIS ORGANIZATION'S GOVERNING BODY HAS BEEN DELEGATED THE FORM 990 PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE SYSTEM HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN BOTH HEALTHCARE AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S FINANCE PERSONNEL AND INTERNAL WORKING GROUP TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S FINANCE PERSONNEL AND INTERNAL WORKING GROUP FOR THEIR REVIEW. THE ORGANIZATION'S FINANCE PERSONNEL AND INTERNAL WORKING GROUP REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S FINANCE PERSONNEL AND INTERNAL WORKING GROUP FOR FINAL REVIEW AND APPROVAL PRIOR TO PROVIDING THE FEDERAL FORM 990 TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AND FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S Compiled FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUST IS FUNDED BY THE SUPPORTING ORGANIZATION (SOUTHERN NJ HOSPITAL) TO PAY THE EXPENSES AND BENEFITS ARISING FROM WORKERS COMPENSATION CLAIMS. THE TRUST SUPPORTS THE SUPPORTING ORGANIZATION BY PROVIDING THE ADMINISTRATIVE SERVICES CONNECTED TO THESE CLAIMS AND THE MANAGEMENT OF THE UNUSED FUNDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ATLANTICARE HEALTH SYSTEM, INC. (ATLANTICARE) IS THE SOLE MEMBER OF ATLANTICARE REGIONAL HEALTH SERVICES, ATLANTICARE FOUNDATION (FOUNDATION), AND ATLANTICARE HEALTH ENGAGEMENT (HEALTH ENGAGEMENT). A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THE ORGANIZATION AND SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WItH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION AND ATLANTICARE HEALTH SYSTEM'S GENERAL COUNSEL FOR REVIEW. THE GENERAL COUNSEL THEN PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIUDAL BY INDIVIDUAL BASIS. ATLANTICARE HEALTH SYSTEM'S GENERAL COUNSEL THEN PRESENTS THIS SUMMARY TO ATLANTICARE HEALTH SYSTEM'S GOVERNANCE COMMITTEE FOR THEIR REVIEW AND DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE A, PART I, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B; QUESTION 12
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05817416
IRS990/TotalAssetsEOYAmt05541631
IRS990/TotalAssetsGrp/BOYAmt05817416
IRS990/TotalAssetsGrp/EOYAmt05541631
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098470
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02617359
IRS990/TotalFunctionalExpensesGrp/TotalAmt02715829
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04408275
IRS990/TotalLiabilitiesEOYAmt03746366
IRS990/TotalLiabilitiesGrp/BOYAmt04408275
IRS990/TotalLiabilitiesGrp/EOYAmt03746366
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01409141
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01795265
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02617359
IRS990/TotalProgramServiceRevenueAmt02820000
IRS990/TotalReportableCompFromOrgAmt06480
IRS990/TotalRevenueGrp/ExclusionAmt0281953
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02820000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03101953
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05817416
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05541631
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02500 English Creek Ave
IRS990/USAddress/CityNm0Egg Harbor Twp
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008234
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Hak Kim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EVP, CFO & President
ReturnHeader/BusinessOfficerGrp/PhoneNum06096413000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Southern New Jersey Hospital
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Workers Compensation Trust
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0232304656
ReturnHeader/Filer/InCareOfNm0% GLENN INSURANCE CO
ReturnHeader/Filer/PhoneNum06096413000
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O Glenn Ins 500 E Absecon Blvd
ReturnHeader/Filer/USAddress/CityNm0Absecon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE TOWER CENTER BLVD 14TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008816
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Pintabone
ReturnHeader/ReturnTs02025-10-27T15:41:03-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.