Totals
- Total revenue
- $1,383,023,429
- Total expenses
- $1,209,551,696
- Contributions and grants received
- $15,558,379
- Grants paid
- $90,265
- Program service revenue
- $1,273,344,542
- Investment income
- $2,278,752
- Other revenue
- $91,841,756
- Total assets, end of year
- $1,004,570,287
- Total liabilities, end of year
- $1,626,785,095
- Net assets or fund balances, end of year
- -$622,214,808
- Program services expenses (Part IX)
- $1,097,355,331
- Management and general expenses
- $112,196,365
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,097,355,331
Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$1,529,212
-
1e · Government grants (contributions)
$12,751,049
-
1f · All other contributions, gifts and grants
$1,278,118
-
2a · Program service revenue: PATIENT CHARGES
total $1,147,619,979 · related or exempt $1,147,619,979
-
2b · Program service revenue: MANAGEMENT FEES
total $125,724,563 · related or exempt $125,724,563
-
3 · Investment income
total $450,675 · excluded $450,675
-
6a · Gross rents
real property $4,407,327
-
6c · Rental income or loss
real property $4,407,327
-
6d · Net rental income or loss
total $4,407,327 · excluded $4,407,327
-
7a · Gross sales of assets other than inventory
other assets $2,446,479
-
7b · Less cost or other basis and sales expenses
other assets $618,402
-
7c · Gain or loss
other assets $1,828,077
-
7d · Net gain or loss
total $1,828,077 · related or exempt $1,828,077
-
11a · Other revenue: RETAIL PHARMACY
total $57,662,973 · unrelated business $499,460 · excluded $57,163,513
-
11b · Other revenue: MEALS
total $4,627,375 · excluded $4,627,375
-
11c · Other revenue: DRUG PRICING PROGRAM
total $4,351,842 · related or exempt $4,351,842
-
11d · All other revenue
total $20,792,239 · related or exempt $20,558,705 · unrelated business $233,534
-
11e · Other revenue, total
$87,434,429
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $90,265 · program services $90,265
-
5 · Compensation of officers, directors and key employees
total $4,070,724 · management and general $4,070,724
-
6 · Compensation of disqualified persons
total $4,527,554 · management and general $4,527,554
-
7 · Other salaries and wages
total $453,647,743 · program services $430,354,679 · management and general $23,293,064
-
8 · Pension plan contributions
total $13,181,572 · program services $12,253,825 · management and general $927,747
-
9 · Other employee benefits
total $86,675,611 · program services $80,919,232 · management and general $5,756,379
-
10 · Payroll taxes
total $33,802,602 · program services $26,248,823 · management and general $7,553,779
-
11b · Fees: legal
total $7,949,256 · management and general $7,949,256
-
11c · Fees: accounting
total $1,673,895 · management and general $1,673,895
-
11d · Fees: lobbying
total $30,934 · management and general $30,934
-
11f · Fees: investment management
total $420,000 · management and general $420,000
-
11g · Fees: other
total $137,353,260 · program services $89,552,582 · management and general $47,800,678
-
12 · Advertising and promotion
total $1,021,322 · management and general $1,021,322
-
14 · Information technology
total $54,360,708 · program services $54,360,708
-
16 · Occupancy
total $26,678,223 · program services $23,337,656 · management and general $3,340,567
-
17 · Travel
total $483,451 · program services $370,309 · management and general $113,142
-
20 · Interest
total $28,758,221 · program services $28,758,221
-
22 · Depreciation, depletion and amortization
total $57,459,603 · program services $57,459,603
-
23 · Insurance
total $14,237,885 · program services $14,235,203 · management and general $2,682
-
24a · Other expenses: SUPPLIES
total $224,826,298 · program services $224,211,300 · management and general $614,998
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $19,007,483 · program services $18,316,540 · management and general $690,943
-
24c · Other expenses: HOSPITAL PROGRAMS
total $5,488,119 · program services $5,488,119
-
24d · Other expenses: TAXES
total $5,240,273 · program services $5,240,273
-
24e · All other expenses
total $28,566,694 · program services $26,157,993 · management and general $2,408,701
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $543,234 · end of year $305,625
-
4 · Accounts receivable
beginning of year $125,514,703 · end of year $151,073,352
-
8 · Inventories for sale or use
beginning of year $47,922,370 · end of year $35,907,095
-
9 · Prepaid expenses and deferred charges
beginning of year $26,424,149 · end of year $24,626,240
-
10a · Land, buildings and equipment: cost or other basis
$1,871,775,220
-
10b · Land, buildings and equipment: accumulated depreciation
$1,299,059,014
-
10c · Land, buildings and equipment, net
beginning of year $629,229,240 · end of year $572,716,206
-
15 · Other assets
beginning of year $230,372,826 · end of year $219,941,769
-
17 · Accounts payable and accrued expenses
beginning of year $253,937,777 · end of year $196,391,726
-
25 · Other liabilities
beginning of year $1,128,763,144 · end of year $1,430,393,369
-
27 · Net assets without donor restrictions
beginning of year -$323,429,291 · end of year -$622,285,230
-
28 · Net assets with donor restrictions
beginning of year $734,892 · end of year $70,422
Mission and programs · 2022
Mission
WEBSITE: WWW.TOWERHEALTH.ORG/LOCATIONS/READING-HOSPITAL THE MISSION OF READING HOSPITAL IS TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH QUALITY, COST EFFECTIVE HEALTHCARE TO THE COMMUNITY; TO PROMOTE HEALTH; TO EDUCATE HEALTHCARE PROFESSIONALS; AND TO PARTICIPATE IN APPROPRIATE CLINICAL RESEARCH. IN ADDITION TO ITS PRIMARY ROLE AS A PROVIDER OF DIRECT CARE, READING HOSPITAL ADDRESSES ISSUES OUTSIDE THAT REALM THAT IMPACT HEALTH AND WELLNESS. IN FACT, A KEY PART OF OUR MISSION MEANS THE REINVESTMENT OF OUR RESOURCES INTO THESE EFFORTS, WHICH ARE COLLECTIVELY KNOWN AS COMMUNITY BENEFIT. WE ARE PROUD TO REPORT THAT IN OUR LAST FISCAL YEAR, WE COMMITTED NEARLY 131.5M TO THIS CAUSE. READING HOSPITAL'S COMMUNITY WELLNESS DEPARTMENT SUPPORTS THE HOSPITAL'S COMMUNITY ENGAGEMENT AND COMMUNITY BENEFIT ENDEAVORS. THE DEPARTMENT'S MISSION IS THREE PRONGED AND SEEKS TO LEAD, PARTNER, AND INVEST IN STRATEGIC HEALTH INITIATIVES THAT TARGET THE UNDERSERVED, ADDRESS HEALTH DISPARITIES AND SOCIAL DETERMIN
Activities or mission (Part I)
TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH QUALITY, COST EFFECTIVE CARE TO THE COMMUNITY: TO PROMOTE HEALTH; TO EDUCATE HEALTHCARE PROFESSIONALS; AND TO PARTICIPATE IN APPROPRIATE CLINICAL RESEARCH.
-
INPATIENT CARE - 200,218 PATIENT DAYS READING HOSPITAL PROVIDES 725 BEDS FOR PROVISION OF COMPREHENSIVE INPATIENT, OUTPATIENT, AND EMERGENT CARE. INPATIENT CARE IS PROVIDED IN 2 CRITICAL CARE UNITS, 2 INTERMEDIATE CARE UNITS, 3 ACUTE REHABILITATION UNITS, AND 13 MEDICAL SURGICAL UNITS WITH SUB-SPECIALTIES THAT INCLUDE ONCOLOGY, NEUROLOGY, CARDIOLOGY, HEART FAILURE, ORTHOPEDICS, TRAUMA, BARIATRIC SURGERY, AND MEDICAL COMPLEXITY. IN ADDITION, READING HOSPITAL PROVIDES COMPREHENSIVE MATERNAL CHILD HEALTH SERVICES THAT INCLUDE OBSTETRICS, NEONATAL INTENSIVE CARE, INPATIENT PEDIATRIC MEDICAL SURGICAL CARE, AND PEDIATRIC EMERGENCY SERVICES. INPATIENT SERVICES ARE SUPPORTED BY HOSPITAL-BASED HEMODIALYSIS, APHERESIS, AND VASCULAR ACCESS SERVICES. READING HOSPITAL INPATIENT CARE OFFERS THE FOLLOWING HIGH LEVEL SERVICES TO SUPPORT COMMUNITIES WITHIN BOTH ITS PRIMARY AND SECONDARY MARKETS: 1.REGIONAL CANCER, CARDIAC, AND PRIMARY STROKE CENTERS 2.REGIONAL TRANSPLANT (KIDNEY AND LIVER) CENTER 3.TRAUMA LEVEL 1 CENTER (ONLY LEVEL 1 CENTER WITHIN THE COUNTY) 4.REGIONAL LEVEL III NEONATAL INTENSIVE CARE UNIT 5.VIRTUAL INTENSIVE CARE UNIT (VICU) 6.CHARITY CARE PROGRAM IN ADDITION, READING HOSPITAL INPATIENT CARE IS ALIGNED WITH SYSTEM PROGRAMS TO IMPROVE POST DISCHARGE CARE OUTCOMES, CARE ACROSS THE CONTINUUM FROM INPATIENT TO AMBULATORY SETTING, AND DECREASED READMISSION, INCLUDING 1.COMPREHENSIVE POPULATION HEALTH SERVICES 2.TOWER HEALTH STREET MEDICINE PROGRAM - A PROGRAM TO PROVIDE HEALTH SERVICES AND PREVENTATIVE CARE TO HOMELESS POPULATION WITHIN THE COMMUNITY 3.TELE-HEALTH SUPPORT OF HEART FAILURE PATIENT POPULATION TO HELP PREVENT READMISSIONS THROUGH THE REMOTE MONITORING OF BP AND WEIGHT IN JUNE 2021 READING HOSPITAL WAS MAGNET DESIGNATED FOR NURSING AND PATIENT CARE EXCELLENCE FOR THE SECOND CONSECUTIVE TIME; THIS NATIONAL LEVEL DESIGNATION BY THE AMERICAN NURSES CREDENTIALING CENTER IS RENEWED EVERY FOUR YEARS. THIS DESIGNATION INDICATES THAT READING HOSPITAL INPATIENT UNITS, EMERGENCY DEPARTMENT, PERIOPERATIVE SERVICES, AND AMBULATORY CARE DEPARTMENTS EXCEED NATIONAL BENCHMARKS FOR NURSING QUALITY INDICATORS, PATIENT SATISFACTION WITH NURSING CARE, AND NURSE SATISFACTION. EMERGENCY CARE - 106,958 EMERGENCY ROOM VISITS READING HOSPITAL EMERGENCY DEPARTMENT PROVIDES EMERGENCY, URGENT AND PRIMARY CARE SERVICES TO OUR COMMUNITY "24/7/365," REGARDLESS OF ABILITY TO PAY. VOLUME TO RH EMERGENCY DEPARTMENT RANKS IT AMONG THE TOP THREE IN THE STATE OF PENNSYLVANIA YEAR AFTER YEAR. AS THE AREA'S ONLY ACCREDITED LEVEL 1 TRAUMA CENTER, RH ALSO PROVIDES IMMEDIATE ACCESS THROUGH ITS EMERGENCY DEPARTMENT TO ALL SPECIALTY SERVICES, FROM TRAUMA SURGEONS TO PLASTIC SURGEONS, AND ALL AREAS OF SPECIALTY CARE. THE HOSPITAL ALSO HAS A PEDIATRIC AND PSYCHIATRIC EMERGENCY DEPARTMENT. IN ADDITION TO ITS TRAUMA CERTIFICATION, RH IS THE ONLY HOSPITAL IN THE REGION TO HAVE MADE A COMMITMENT TO ACCREDITED CARE IN STROKE AND CHEST PAIN. THE HOSPITAL ALSO IS A CENTER OF EXCELLENCE WITH 24/7 CERTIFIED RECOVERY SPECIALISTS ON SITE TO PROVIDE WARM HAND-OFFS TO PATIENTS WITH OPIOID AND OTHER SUBSTANCE USE DISORDERS. THE DEPARTMENT OFFERS A SEXUAL ASSAULT NURSE EXAMINER (SANE) PROGRAM WITH THE BERKS COUNTY DISTRICT ATTORNEY TO ASSIST VICTIMS OF SEXUAL ASSAULT. THE HOSPITAL ALSO HAS AN EMERGENCY MEDICINE TRAINING PROGRAM, PARAMEDIC SCHOOL AND NURSING PROGRAM.
Expenses $202,988,130 · Revenue $300,647,132
-
OPERATING ROOM - 17,979 TOTAL SURGERIES READING HOSPITAL OPERATES IN A MARKET SERVED BY NEARLY 20 SPECIALTY, INVESTOR-OWNED FACILITIES, WHICH CARVE OUT THE BEST PAYING INSURANCE PLANS, THE HIGHEST MARGIN PROCEDURES, AND THE LEAST COMPLICATED PATIENTS TO SERVE. BY CONTINUING TO PROVIDE A FULL-SERVICE SURGICAL SERVICE, READING HOSPITAL OFFERS THE MOST ADVANCED SURGICAL OPTIONS, FROM ROBOTIC ASSISTED, MINIMALLY INVASIVE SURGERY TO A FULL SPECTRUM OF OUTPATIENT SURGICAL OPTIONS. READING HOSPITAL ENSURES THE COMMUNITY HAS ACCESS TO SURGICAL SPECIALTIES THAT MAY BE EXPERIENCING SHORTAGES ELSEWHERE IN THE COUNTRY. READING HOSPITAL SUPPORTS ITS SURGEONS IN THEIR FELLOWSHIP TRAINING AND RECRUITS AND RETAINS SURGEONS IN AREAS LIKE PLASTIC SURGERY - AVAILABLE ONLY DURING LIMITED HOURS OR NOT AT ALL, IN OTHER HOSPITALS IN ITS MARKET.
Expenses $68,219,307 · Revenue $131,867,775
-
MCGLINN CANCER INSTITUTE 31,521 PROCEDURES THE MCGLINN CANCER INSTITUTE, LOCATED WITHIN THE READING HOSPITAL, IS PRIMARILY AN OUT-PATIENT FACILITY WHICH HOUSES THE SECTIONS OF RADIATION ONCOLOGY, HEMATOLOGY/ONCOLOGY, AND GYNECOLOGICAL ONCOLOGY. THE ANNUAL TOTAL OF PATIENTS WHO ARE DIAGNOSED AND/OR TREATED IN FY23 WERE 1,709. UPON DIAGNOSIS, A NURSE NAVIGATOR CONTACTS EACH PATIENT TO OFFER INFORMATION AND SUPPORT. MOST PATIENTS ARE SEEN IN ONE OF OUR MULTI-DISCIPLINARY CLINICS BASED ON THE TYPE OF MALIGNANCY DIAGNOSED. THIS INCLUDES THORACIC, MALIGNANT HEMATOLOGY, BREAST, GENITO-URINARY, GYNECOLOGICAL, CUTANEOUS MALIGNANCIES, AND GASTRO-INTESTINAL CLINICS - MOST HELD ON A WEEKLY BASIS. EVERY CLINIC HAS ITS SPECIFIC TEAM OF PROVIDERS - SURGEONS, RADIATION ONCOLOGISTS, MEDICAL ONCOLOGISTS, RADIOLOGISTS, PATHOLOGISTS, NURSE NAVIGATORS, GENETIC COUNSELORS, AND PHYSICAL THERAPISTS - WHO CONFER AND COLLABORATE TO DESIGN A UNIQUE TREATMENT PLAN FOR EACH INDIVIDUAL PATIENT. EVERY CASE IS REVIEWED FOR POSSIBLE INCLUSION IN ONE OF THE MANY CLINICAL TRIALS OFFERED ON SITE. ONCE A PLAN OF ACTION HAS BEEN RECOMMENDED BY THE TEAM, THE PATIENT IS SEEN IN CONSULT BY THE PROVIDERS WHO WILL BE RESPONSIBLE FOR HIS/HER COURSE OF TREATMENT. MCGLINN CANCER INSTITUTE IS ACCREDITED BY THE COMMISSION ON CANCER AS A COMPREHENSIVE COMMUNITY CANCER PROGRAM. THE MEDICAL ONCOLOGY PRACTICE IS CERTIFIED BY THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY THROUGH ITS QUALITY ONCOLOGY PRACTICE INITIATIVE (QOPI) AND THE RADIATION ONCOLOGY DEPARTMENT IS CERTIFIED BY THE AMERICAN COLLEGE OF RADIOLOGY. IN ADDITION, THE BREAST PROGRAM AT READING HOSPITAL IS ACCREDITED BY THE NATIONAL ACCREDITATION PROGRAM FOR BREAST CENTERS. THE CANCER CENTER OFFERS A THREE-YEAR HEMATOLOGY/ONCOLOGY FELLOWSHIP PROGRAM AND STUDENTS FROM VARIOUS PROGRAMS (EX: JEFFERSON UNIVERSITY, GWYNEDD MERCY UNIVERSITY, ARCADIA UNIVERSITY) ARE ASSIGNED CLINICAL ROTATIONS AT MCGLINN FOR GENETIC COUNSELING, RADIATION THERAPY TECHNOLOGY, AND PHYSICIAN ASSISTANT TRAINING.
Expenses $80,538,513 · Revenue $140,956,458
-
EXPENSES INCURRED IN PROVIDING VARIOUS OTHER MEDICALLY NECESSARY HEALTHCARE SERVICES INCLUDE BUT ARE NOT LIMITED TO: REVENUE EXPENSE RADIOLOGY 206,256,075 39,980,828 REHABILITATION/PHYSICAL THERAPY 49,225,592 29,855,833 TRAUMA CENTER 4,298,069 3,084,423 TRANSPLANT CENTER 150,621 473,668 PHARMACY 46,637,417 39,151,594 READING HOSPITAL PROVIDES SERVICES TO ALL INDIVIDUALS IN A NON- DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY.
Expenses $745,609,381 · Grants $90,265 · Revenue $726,611,801
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Therese SucherTHERESE SUCHER
INT CEO TERM
- Total calculated
- $1,842,443
- From this org
- $1,818,975
- From related orgs
- $0
- Other
- $23,468
- Hours/week
- 0 + 52.5 related
Schedule J breakdown matched by us
- Base
- $358,572
- Bonus
- $677,142
- Other
- $783,261
- Deferred
- $5,647
- Nontaxable benefits
- $17,821
- Filer's total
- $1,842,443
-
Clint MatthewsCLINT MATTHEWS
TH PRES/CEO
- Total calculated
- $1,408,968
- From this org
- $1,397,087
- From related orgs
- $0
- Other
- $11,881
- Hours/week
- 0 + 52 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- $1,397,087
- Deferred
- not reported
- Nontaxable benefits
- $11,881
- Filer's total
- $1,408,968
-
Charles Barbera MDCHARLES BARBERA MD
PRES & CEO
- Total calculated
- $1,072,387
- From this org
- $863,437
- From related orgs
- $0
- Other
- $208,950
- Hours/week
- 52 + 2.5 related
Schedule J breakdown matched by us
- Base
- $661,541
- Bonus
- $55,207
- Other
- $146,689
- Deferred
- $182,071
- Nontaxable benefits
- $26,879
- Filer's total
- $1,072,387
-
Suzanne Wenderoth MDSUZANNE WENDEROTH MD
BOARD MEMBER
- Total calculated
- $1,044,163
- From this org
- $841,098
- From related orgs
- $0
- Other
- $203,065
- Hours/week
- 2 + 52.5 related
Schedule J breakdown matched by us
- Base
- $658,407
- Bonus
- $83,401
- Other
- $99,290
- Deferred
- $176,245
- Nontaxable benefits
- $26,820
- Filer's total
- $1,044,163
-
Russell H ShowersRUSSELL H SHOWERS
SVP CHIEF OF
- Total calculated
- $1,023,019
- From this org
- $1,003,461
- From related orgs
- $0
- Other
- $19,558
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $170,865
- Bonus
- $325,719
- Other
- $506,877
- Deferred
- $8,838
- Nontaxable benefits
- $10,720
- Filer's total
- $1,023,019
-
Mary AgnewMARY AGNEW
SVP CNO TERM
- Total calculated
- $814,768
- From this org
- $791,314
- From related orgs
- $0
- Other
- $23,454
- Hours/week
- 0 + 52.5 related
Schedule J breakdown matched by us
- Base
- $261,567
- Bonus
- $223,199
- Other
- $306,548
- Deferred
- $5,559
- Nontaxable benefits
- $17,895
- Filer's total
- $814,768
-
Michelle TruppMICHELLE TRUPP
COO 8/22
- Total calculated
- $786,966
- From this org
- $699,751
- From related orgs
- $0
- Other
- $87,215
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $509,704
- Bonus
- $104,703
- Other
- $85,344
- Deferred
- $86,174
- Nontaxable benefits
- $1,041
- Filer's total
- $786,966
-
Robert EhingerROBERT EHINGER
CFO/TREAS 12
- Total calculated
- $763,149
- From this org
- $673,463
- From related orgs
- $0
- Other
- $89,686
- Hours/week
- 25 + 27 related
Schedule J breakdown matched by us
- Base
- $406,882
- Bonus
- $60,812
- Other
- $205,769
- Deferred
- $72,704
- Nontaxable benefits
- $16,982
- Filer's total
- $763,149
-
David A SchlappyDAVID A SCHLAPPY
VP CHIEF OF
- Total calculated
- $749,088
- From this org
- $711,102
- From related orgs
- $0
- Other
- $37,986
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $324,953
- Bonus
- $253,883
- Other
- $132,266
- Deferred
- $10,675
- Nontaxable benefits
- $27,311
- Filer's total
- $749,088
-
Mark G MartensMARK G MARTENS
SVP CH ACAD
- Total calculated
- $634,105
- From this org
- $606,634
- From related orgs
- $0
- Other
- $27,471
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $24,335
- Bonus
- not reported
- Other
- $582,299
- Deferred
- $1,114
- Nontaxable benefits
- $26,357
- Filer's total
- $634,105
-
Wei DuWEI DU
SVP CHIEF AC
- Total calculated
- $602,609
- From this org
- $516,465
- From related orgs
- $0
- Other
- $86,144
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $510,482
- Bonus
- not reported
- Other
- $5,983
- Deferred
- $85,103
- Nontaxable benefits
- $1,041
- Filer's total
- $602,609
-
Mark L McNashMARK L MCNASH
SVP SUP SERV
- Total calculated
- $515,573
- From this org
- $436,917
- From related orgs
- $0
- Other
- $78,656
- Hours/week
- 0 + 52 related
Schedule J breakdown matched by us
- Base
- $322,126
- Bonus
- $55,983
- Other
- $58,808
- Deferred
- $59,622
- Nontaxable benefits
- $19,034
- Filer's total
- $515,573
-
Cecilia Smith DoCECILIA SMITH DO
BOARD MEMB T
- Total calculated
- $498,194
- From this org
- $0
- From related orgs
- $477,966
- Other
- $20,228
- Hours/week
- 2 + 48.5 related
Schedule J breakdown matched by us
- Base
- not reported + $432,801 related
- Bonus
- not reported
- Other
- not reported + $45,165 related
- Deferred
- not reported + $10,675 related
- Nontaxable benefits
- not reported + $9,553 related
- Filer's total
- not reported + $498,194 related
-
Lisa HessLISA HESS
VP MARKETING
- Total calculated
- $479,572
- From this org
- $425,424
- From related orgs
- $0
- Other
- $54,148
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $349,114
- Bonus
- $32,933
- Other
- $43,377
- Deferred
- $42,875
- Nontaxable benefits
- $11,273
- Filer's total
- $479,572
-
Ron Nutting MDRON NUTTING MD
CMO TERM 11/
- Total calculated
- $472,638
- From this org
- $443,276
- From related orgs
- $0
- Other
- $29,362
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $405,551
- Bonus
- not reported
- Other
- $37,725
- Deferred
- $10,675
- Nontaxable benefits
- $18,687
- Filer's total
- $472,638
-
John Casey MDJOHN CASEY MD
BOARD MEMBER
- Total calculated
- $439,852
- From this org
- $0
- From related orgs
- $376,974
- Other
- $62,878
- Hours/week
- 2 + 50.5 related
Schedule J breakdown matched by us
- Base
- not reported + $374,994 related
- Bonus
- not reported
- Other
- not reported + $1,980 related
- Deferred
- not reported + $44,245 related
- Nontaxable benefits
- not reported + $18,633 related
- Filer's total
- not reported + $439,852 related
-
Mark ReyngoudtMARK REYNGOUDT
CFO/TREAS TE
- Total calculated
- $390,693
- From this org
- $354,083
- From related orgs
- $0
- Other
- $36,610
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $321,964
- Bonus
- not reported
- Other
- $32,119
- Deferred
- $10,675
- Nontaxable benefits
- $25,935
- Filer's total
- $390,693
-
Olubumni Ojikutu MDOLUBUMNI OJIKUTU MD
BOARD MEMBER
- Total calculated
- $354,625
- From this org
- $0
- From related orgs
- $321,223
- Other
- $33,402
- Hours/week
- 2 + 48.5 related
Schedule J breakdown matched by us
- Base
- not reported + $306,939 related
- Bonus
- not reported
- Other
- not reported + $14,284 related
- Deferred
- not reported + $6,523 related
- Nontaxable benefits
- not reported + $26,879 related
- Filer's total
- not reported + $354,625 related
-
Barbara RomigBARBARA ROMIG
CNO 8/22
- Total calculated
- $332,242
- From this org
- $321,392
- From related orgs
- $0
- Other
- $10,850
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $295,645
- Bonus
- $24,001
- Other
- $1,746
- Deferred
- $9,809
- Nontaxable benefits
- $1,041
- Filer's total
- $332,242
-
Rosemary WursterROSEMARY WURSTER
CNO TERM 7/2
- Total calculated
- $225,790
- From this org
- $203,362
- From related orgs
- $0
- Other
- $22,428
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $172,902
- Bonus
- $30,200
- Other
- $260
- Deferred
- $7,269
- Nontaxable benefits
- $15,159
- Filer's total
- $225,790
-
Min LeeMIN LEE
VP OPER TERM
- Total calculated
- $137,329
- From this org
- $128,300
- From related orgs
- $0
- Other
- $9,029
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $128,172
- Bonus
- not reported
- Other
- $128
- Deferred
- $4,537
- Nontaxable benefits
- $4,492
- Filer's total
- $137,329
-
Gary F ConnerGARY F CONNER
EVP CFO TERM
- Total calculated
- $134,176
- From this org
- $131,206
- From related orgs
- $0
- Other
- $2,970
- Hours/week
- 0 + 52 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- $131,206
- Deferred
- not reported
- Nontaxable benefits
- $2,970
- Filer's total
- $134,176
-
Donna WalbDONNA WALB
SECRETARY
- Total calculated
- $97,101
- From this org
- $84,028
- From related orgs
- $0
- Other
- $13,073
- Hours/week
- 40
-
Yamil Sanchez Ed DYAMIL SANCHEZ ED D
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Michael HaasMICHAEL HAAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Dan LangdonDAN LANGDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Joshua Tice MDJOSHUA TICE MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Latrice MuminLATRICE MUMIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Jacquelyn Fetrow PhDJACQUELYN FETROW PHD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Susan Looney PhDSUSAN LOONEY PHD
CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
John WeidenhammerJOHN WEIDENHAMMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2.5 related
-
Ben ZintakBEN ZINTAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PAGE 1, PART I, LINE 4
- THERESE SUCHER 536,691 238,424 0 CLINT MATTHEWS 1,400,000 0 0 CHARLES BARBERA, MD 0 71,418 0 SUZANNE WENDEROTH, MD 0 97,970 0 RUSSELL H. SHOWERS 294,951 211,430 0 MARY AGNEW 232,349 72,147 0 MICHELLE TRUPP 0 83,364 0 ROBERT EHINGER 0 201,939 0 DAVID A. SCHLAPPY 28,037 100,779 0 MARK G. MARTENS 502,152 78,751 0 MARK L. MCNASH 0 56,828 0 LISA HESS 0 41,397 0 RON NUTTING, MD 34,208 0 0 MARK REYNGOUDT 28,117 0 0 GARY F. CONNER 129,050 0 0
- SCHEDULE J, PAGE 1, PART I, LINE 7
- TOWER HEALTH USES RETENTION BONUSES FOR KEY EXECUTIVES AS ONE WAY TO ENSURE CONTINUITY OF LEADERSHIP AS THE HEALTH SYSTEM NAVIGATES ITS ORGANIZATIONAL TURNAROUND AND FULFILLS ITS MISSION IN A CHALLENGING ENVIRONMENT FOR HEALTHCARE PROVIDERS. THE DETAILS OF INDIVIDUAL EXECUTIVE RETENTION BONUSES ARE DEVELOPED WITH OVERSIGHT BY THE TOWER HEALTH BOARD OF DIRECTORS COMPENSATION COMMITTEE AND ARE APPROVED BY THE FULL TOWER HEALTH BOARD. AS IN ALL MATTERS OF EXECUTIVE COMPENSATION, THE BOARD RELIES ON MARKET DATA AND OUTSIDE EXPERTISE TO ENSURE ITS RETENTION BONUS PROGRAM IS CONSISTENT WITH INDUSTRY STANDARDS. CHARLES BARBERA 55,207.36 SUZANNE WENDEROTH 83,400.72 ROBERT EHINGER 60,811.92 ROSEMARY WURSTER 30,199.52 BARBARA ROMIG 24,001.12 MICHELLE TRUPP 69,747.60 RUSSELL SHOWERS 80,225.60 DAVID SCHLAPPY 253,882.56 LISA HESS 32,932.64 THERESE SUCHER 166,784.80 MARK MCNASH 55,983.20 MARY AGNEW 223,198.84
- SCHEDULE J, PART III
- PART III ADDITIONAL INFORMATION PART 1, LINE 4B TERMS AND CONDITIONS OF PARTICIPATION IN THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE 457(F) PLAN IS A TAX-DEFERRED RETIREMENT PLAN CONSISTING OF EMPLOYER CONTRIBUTIONS THAT ARE DESIGNED TO HELP SUPPLEMENT THE RETIREMENT SAVINGS FOR KEY EMPLOYEES. THE EMPLOYEE IS IMMEDIATELY ELIGIBLE TO RECEIVE TOWER HEALTH CONTRIBUTIONS TO THE 457(F) DEFERRED COMPENSATION PLAN. THE EMPLOYEE MUST BE EMPLOYED ON DECEMBER 31ST TO RECEIVE THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR. THE EMPLOYEE SHALL BECOME 100% VESTED IN THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR THREE YEARS AFTER THE CONTRIBUTION HAS BEEN MADE TO THE ACCOUNT. THE EMPLOYEE WILL ALSO BECOME 100% VESTED IN ALL OF THE EMPLOYER CONTRIBUTIONS: 1) UPON ATTAINING THE AGE 65 WHILE STILL EMPLOYED BY TOWER HEALTH 2) DUE TO DEATH OR DISABILITY 3) UPON TERMINATION OF EMPLOYMENT WITHOUT CAUSE PARTICIPATION IN PLAN: THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE 457(F) DEFERRED COMPENSATION PLAN DURING THE CALENDAR YEAR 2023 BUT DID NOT RECEIVE A DISTRIBUTION. JOHN CASEY WEI DU
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$11,520
HEALTHCARE SVCS
-
$7,500
SPONSORSHIP
-
$6,000
SPONSORSHIP
-
READING REBELS LLC
$5,500
SPONSORSHIP
-
no cash amount reported
HOLIDAY DONATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · SUPPORTING · PA
Directly controlled by NA
-
THE FRIENDS OF THE READING HOSPITAL
501C3 · FUNDRAISE · PA · controlled entity
Directly controlled by RDG HOSP
-
THE RDG HOSPITAL & MED CENTER SELF-
501C3 · TRUST FUND · PA · controlled entity
Directly controlled by RDG HOSP
-
501C3 · HEALTHCARE · PA · controlled entity
Directly controlled by TOWER HLTH
-
501C3 · SUPPORT · PA · controlled entity
Directly controlled by RDG HOSP
-
501C3 · HEALTHCARE · PA · controlled entity
Directly controlled by TOWER HLTH
-
501C3 · HEALTHCARE · PA · controlled entity
Directly controlled by THAH
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SOUTHERN CHESTER CNTY MED BLDG 1
HEALTHCARE · PA
-
READING - UPMC JOINT VENTURE LLC
HEALTHCARE · PA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
TOWER HEALTH PPO
C CORP · PPO · PA · 100% owned · share of income $9,459 · share of assets $217,846 · controlled entity
Directly controlled by RDG HOSP
-
MEDICUS RESOURCE MANAGEMENT
C CORP · CM REVIEW · PA · 100% owned · controlled entity
Directly controlled by TH PPO
-
TOWER HEALTH RECIPROCAL RISK
C CORP · INSURANCE · SC
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349302711
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