STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

TOWER HEALTH MEDICAL GROUP: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TOWER HEALTH MEDICAL GROUP (EIN 23-2266054)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202531349349302843
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T10:40:55-04:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11735 MARKET STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232266054EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOWER HEALTH MEDICAL GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTOWEBusinessNameControlTxt
Phone4846284307PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 16052AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196126052ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL STERNPersonNm
Person TitleCEO TOWER HEALTHPersonTitleTxt
Phone4846284307PhoneNum
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP E GROFFPreparerPersonNm
PTINP01247783PTIN
Phone2672567000PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL STERNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 16052AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196126052ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$217,749,670GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TOWERHEALTH.ORG/THMGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTISPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, AND DELIVERING HEALTH CARE.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee2039TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$7,537,698PYContributionsGrantsAmt
CY Contributions Grants$58,880CYContributionsGrantsAmt
PY Program Service Revenue$211,402,026PYProgramServiceRevenueAmt
CY Program Service Revenue$211,923,039CYProgramServiceRevenueAmt
PY Investment Income$768,613PYInvestmentIncomeAmt
CY Investment Income-$33,775CYInvestmentIncomeAmt
PY Other Revenue$5,614,365PYOtherRevenueAmt
CY Other Revenue$5,626,679CYOtherRevenueAmt
PY Total Revenue$225,322,702PYTotalRevenueAmt
CY Total Revenue$217,574,823CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$292,777,748PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$287,467,340CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$112,627,013PYOtherExpensesAmt
CY Other Expenses$91,983,010CYOtherExpensesAmt
PY Total Expenses$405,404,761PYTotalExpensesAmt
CY Total Expenses$379,450,350CYTotalExpensesAmt
PY Revenues Less Expenses-$180,082,059PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$161,875,527CYRevenuesLessExpensesAmt
Total Assets BOY$53,078,225TotalAssetsBOYAmt
Total Assets EOY$42,348,535TotalAssetsEOYAmt
Total Liabilities BOY$78,937,441TotalLiabilitiesBOYAmt
Total Liabilities EOY$70,669,772TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$25,859,216NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$28,321,237NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, DELIVERING HEALTH CARE THAT IS READILY ACCESSIBLE, COMPASSIONATE, AND OF THE HIGHEST QUALITY AND VALUE, AND ENGAGING IN CLINICAL RESEARCH AND THE EDUCATION OF HEALTH CARE PROFESSIONALS AND OUR COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$58,859,251ExpenseAmt
Revenue$37,808,237RevenueAmt
DescOUR PRIMARY CARE PROGRAM IS COMPRISED OF INTERNAL MEDICINE AND FAMILY PRACTICE PHYSICIANS, PHYSICIAN ASSISTANTS, AND NURSE PRACTITIONERS THROUGHOUT 35 LOCATIONS IN BERKS, CHESTER, MONTGOMERY AND PHILADELPHIA COUNTIES. DURING FISCAL YEAR 2024, TOWER HEALTH MEDICAL GROUP'S PRIMARY CARE PROGRAM PROVIDED CARE THROUGH 258,270 PATIENT VISITS TO PATIENTS OF ALL AGES WITH A FOCUS ON WELLNESS AND DISEASE MANAGEMENT. ALL LOCATIONS ACCEPT BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$51,298,520ExpenseAmt
Revenue$25,368,712RevenueAmt
DescOUR ACUTE HOSPITALIST PROGRAM IS COMPRISED LARGELY OF INTERNAL MEDICINE PHYSICIANS ALONG WITH PHYSICIAN ASSISTANTS AND NURSE PRACTITIONERS AT MULTIPLE TOWER HEALTH HOSPITAL LOCATIONS. DURING FISCAL YEAR 2024, TOWER HEALTH MEDICAL GROUP'S ACUTE HOSPITALIST PROGRAM PROVIDED EFFICIENT, HIGH- QUALITY, EVIDENCED-BASED CARE THROUGH 258,913 VISITS TO OUR SYSTEM'S HOSPITALIZED PATIENTS. THIS PROGRAM ACCEPTS BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$30,943,098ExpenseAmt
Revenue$13,091,191RevenueAmt
DescANESTHESIOLOGISTS AND CERTIFIED REGISTERED NURSE ANESTHETISTS PROVIDED MEDICAL MANAGEMENT AND ANESTHETIC CARE THROUGH 50,599 INPATIENT AND OUTPATIENT SURGICAL, PROCEDURAL AND LABOR AND DELIVERY CASES AT READING HOSPITAL AND THREE LOCAL AMBULATORY SURGERY CENTERS IN FISCAL YEAR 2024. THIS PROGRAM ACCEPTS BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$204,191,459ExpenseAmt
Revenue$141,218,990RevenueAmt
DescEXPENSES INCURRED IN PROVIDING VARIOUS OTHER HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. OTHER PHYSICIAN SERVICES INCLUDE: REVENUE EXPENSE AMBULATORY SPECIALTIES 14,364,878 22,556,634 BEHAVIORAL HEALTH SCIENCES 4,243,474 8,073,375 CARDIOLOGY 18,046,408 30,928,156 EMERGENCY 22,054,715 31,154,381 NEUROSCIENCES 8,506,240 17,443,054 WOMEN'S HEALTHCARE 18,808,504 30,763,603 ONCOLOGY 582,424 1,190,069 ORTHOPEDICS 2,810,259 4,648,047 PATHOLOGY 3,822,965 5,097,124 PEDIATRICS 8,253,472 11,845,874 RADIOLOGY 17,165,968 21,296,302 SUPPORT SERVICES 5,837,294, 19,390,951 SUGICAL SPECIALISTS 13,777,270 26,986,928 TRAUMA 3,044,083 7,051,546 OTHER 56,695 8,595Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$204,191,459TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$141,218,990TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$345,292,328TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2039EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMIKE EESLEY CFO TOWER HEALTHPersonNm
Phone4846288000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 SOUTH 5TH AVENUEAddressLine1Txt
CityWEST READINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndOfficerOfficerIndKey EmployeeKeyEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
SUZANNE WENDEROTH
EVP/CEO PROV0.0052.50Yes (X)$0$935,298$204,225
EARL J HOPE MD
PHYSICIAN50.00$1,056,710$0$30,287Yes (X)
BRANDON ROOT MD
PHYSICIAN50.00$1,029,662$0$37,320Yes (X)
SHAHIN MANOOCHEHRI MD
PHYSICIAN50.00$1,033,991$0$16,248Yes (X)
THOMAS G PSARROS MD
PHYSICIAN50.00$1,002,210$0$30,496Yes (X)
HERMAN C LAWSON MD
PHYSICIAN50.00$936,140$0$14,123Yes (X)
MIKE EESLEY
TREASURER 7/2.0050.00$0$903,826$12,591Yes (X)
BERNARD BOULANGER MD
EVP/CEO PROV25.0025.00$0$698,488$206,132Yes (X)
P SUE PERROTTY
CEO TOWER HE2.0050.00$0$900,000$0Yes (X)Yes (X)
ROBERT EHINGER
FORMER TREAS0.0050.00Yes (X)$0$599,547$91,244
KRISTIN KEARNEY
SVP CFO52.00$493,517$0$71,554Yes (X)
THERESA FINK
FORMER SVP C0.000.00Yes (X)$392,345$0$17,586
CLINT MATTHEWS
FORMER PRES/0.000.00Yes (X)$0$269,231$7,912
TRACY DRUCKENMILLER
SECRETARY2.0038.00$0$106,105$21,812Yes (X)
THEODORE AUMAN
BOARD MEMBER2.002.00$0$0$0Yes (X)
JIM BOSCOV
VICE CHAIR2.004.00$0$0$0Yes (X)Yes (X)
ANGEL HELM
BOARD MEMB T2.002.00$0$0$0Yes (X)
MARY KARGBO
BOARD MEMBER2.002.00$0$0$0Yes (X)
BRENT WAGNER MD
BOARD MEMBER2.002.00$0$0$0Yes (X)
ROBERT BRIGHAM MD
BOARD MEMBER2.002.00$0$0$0Yes (X)
PETE MOLINARO
BOARD MEMBER2.002.00$0$0$0Yes (X)
MEG MUELLER
CHAIR2.002.00$0$0$0Yes (X)Yes (X)
WILLIAM P THORNTON
BOARD MEMBER2.002.00$0$0$0Yes (X)
DOUG TIEMAN
BOARD MEMBER2.002.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,944,575TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$4,412,495TotReportableCompRltdOrgAmt
Total Other Compensation$761,530TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K811IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNIV OF PENN MEDICAL GROUP
51 N 39TH STREET ROOM 120PHILADELPHIAPA19104MED STAFF SERV$2,284,198
HELLMAN HEART LLC
603 CARPENTER AVEAUSTINTX78753MED STAFF SERV$688,500
TRUSTEES OF THE UNIV OF PENNSYLVANIA
PO BOX 7777-W9500PHILADELPHIAPA191750905MED STAFF SERV$389,967
SOTOMAYOR MEDICAL PRACTICE
1220 CENTRE AVEREADINGPA19601MED STAFF SERV$261,784
JAMES BYERS III
515 WESTMINSTER AVESWARTHMOREPA19081MED STAFF SERV$259,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Related Organizations$58,880RelatedOrganizationsAmt
Total Contributions$58,880TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
NET PATIENT REVENUE621300$211,570,952$211,570,952
CAPITATION REVENUE621300$352,087$352,087
FieldValueIRS element (for citing)
Total Program Service Revenue$211,923,039TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,072TotalRevenueColumnAmt
Exclusion$93,072ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$62,588RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$62,588RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$62,588TotalRevenueColumnAmt
Exclusion$62,588ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$48,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$174,847OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$126,847OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$126,847TotalRevenueColumnAmt
Exclusion-$126,847ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE INCENTIVES900099$3,694,938$3,694,938
HEALTH INS SHARED SAVINGS900099$935,878$935,878
OTHER INCOME900099$933,275$933,275
FieldValueIRS element (for citing)
Other Revenue Total$5,564,091OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$217,574,823TotalRevenueColumnAmt
Related Or Exempt Func Income$217,487,130RelatedOrExemptFuncIncomeAmt
Exclusion$28,813ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$467,206TotalAmt
Management And General$467,206ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$196,746TotalAmt
Management And General$196,746ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$246,742,810TotalAmt
Program Services$234,901,583ProgramServicesAmt
Management And General$11,841,227ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,710,249TotalAmt
Program Services$6,398,497ProgramServicesAmt
Management And General$311,752ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,352,366TotalAmt
Program Services$16,980,305ProgramServicesAmt
Management And General$2,372,061ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,997,963TotalAmt
Program Services$13,221,251ProgramServicesAmt
Management And General$776,712ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$26,950,692TotalAmt
Program Services$25,286,145ProgramServicesAmt
Management And General$1,664,547ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$326,983TotalAmt
Program Services$326,983ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,399,278TotalAmt
Program Services$10,007,194ProgramServicesAmt
Management And General$392,084ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$63,759TotalAmt
Program Services$46,832ProgramServicesAmt
Management And General$16,927ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$75,719TotalAmt
Program Services$75,719ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,505,008TotalAmt
Program Services$1,446,086ProgramServicesAmt
Management And General$58,922ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,041,707TotalAmt
Program Services$9,041,707ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
CORPORATE EXP ALLOCATION$14,312,576$14,312,576
PHYSICIAN FEES$10,862,671$10,862,671
OTHER EXPENSES$9,458,373$1,595,778$7,862,595
DRUGS & PHARMACEUTICALS$5,940,989$5,940,989

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,045,255TotalAmt
Program Services$2,893,771ProgramServicesAmt
Management And General$151,484ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$379,450,350TotalAmt
Program Services$345,292,328ProgramServicesAmt
Management And General$34,158,022ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,874BOYAmt
EOY$9,860EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,542,502BOYAmt
EOY$8,274,331EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$953,666BOYAmt
EOY$824,701EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$38,012,381LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,504,951LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,030,081BOYAmt
EOY$13,507,430EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$24,541,102BOYAmt
EOY$19,732,213EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$53,078,225BOYAmt
EOY$42,348,535EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,585,315BOYAmt
EOY$44,753,334EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,352,126BOYAmt
EOY$25,916,438EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$78,937,441BOYAmt
EOY$70,669,772EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$25,859,216BOYAmt
EOY-$28,321,237EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$25,859,216BOYAmt
EOY-$28,321,237EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,078,225BOYAmt
EOY$42,348,535EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$161,875,527ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$159,413,506OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
HospitalYes (X)HospitalInd
Majority Dir Trst Supported OrgYes (true)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$400,000OtherCostOrOtherBasisAmt
Book Value$400,000BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,161,776OtherCostOrOtherBasisAmt
Depreciation$8,783,514DepreciationAmt
Book Value$1,378,262BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,493,169OtherCostOrOtherBasisAmt
Depreciation$11,667,778DepreciationAmt
Book Value$1,825,391BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,957,436OtherCostOrOtherBasisAmt
Depreciation$4,053,659DepreciationAmt
Book Value$9,903,777BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,507,430TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OPERATING LEASE RIGHT-OF-USE ASSETS$19,635,808
SECURITY DEPOSITS$96,405
FieldValueIRS element (for citing)
Total Book Value Other Assets$19,732,213TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
OPERATING LEASE OBLIGATION$17,044,647
OPERATING LEASE CURRENT$3,332,292
OTHER CURRENT LIABILITIES$3,105,623
FINANCE LEASE OBLIGATION$1,260,388
OTHER LONG TERM LIABILITIES$725,730
FINANCE LEASE CURRENT$382,670
OTHER 457 PLAN$65,088
FieldValueIRS element (for citing)
Total Liability$25,916,438TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS INCLUDED IN TOWER HEALTH AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS. THE FOLLOWING TEXT IS FROM THE ASC 740 (FIN 48) FOOTNOTE. THE SYSTEM IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ON SUCH A BASIS, THE EXEMPT ENTITIES DO NOT INCUR LIABILITY FOR FEDERAL INCOME TAXES, EXCEPT IN THE CASE OF UNRELATED BUSINESS INCOME. THE SYSTEM EVALUATES UNCERTAIN TAX POSITIONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN TAX POSITIONS. NO ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS EVALUATION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt
SUZANNE WENDEROTH
EVP/CEO PROV ENTR$657,349$200,160$77,789$177,301$26,924$1,139,523$76,047
EARL J HOPE MD
PHYSICIAN$727,548$180,914$148,248$11,550$18,737$1,086,997
BRANDON ROOT MD
PHYSICIAN$645,558$42,250$341,854$11,550$25,770$1,066,982
SHAHIN MANOOCHEHRI MD
PHYSICIAN$658,483$36,250$339,258$7,159$9,089$1,050,239
THOMAS G PSARROS MD
PHYSICIAN$712,379$6,480$283,351$11,550$18,946$1,032,706
HERMAN C LAWSON MD
PHYSICIAN$737,042$65,417$133,681$11,550$2,573$950,263
MIKE EESLEY
TREASURER 7/2023$900,016$3,810$11,550$1,041$916,417
BERNARD BOULANGER MD
EVP/CEO PROV ENTR$695,020$3,468$186,308$19,824$904,620
P SUE PERROTTY
CEO TOWER HEALTH$900,000$900,000
ROBERT EHINGER
FORMER TREAS TERM$407,472$124,057$68,018$73,579$17,665$690,791$64,208
KRISTIN KEARNEY
SVP CFO$339,828$102,767$50,922$61,883$9,671$565,071$49,631
THERESA FINK
FORMER SVP COO$392,345$17,586$409,931
CLINT MATTHEWS
FORMER PRES/CEO$269,231$7,912$277,143

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PAGE 1, PART I, LINE 4SUZANNE WENDEROTH 0 76,047 0 ROBERT EHINGER 0 64,208 0 KRISTIN KEARNEY 0 49,631 0 THERESA FINK 392,345 0 0 CLINT MATTHEWS 269,231 0 0
SCHEDULE J, PAGE 1, PART I, LINE 7TOWER HEALTH USES RETENTION BONUSES FOR KEY EXECUTIVES AS ONE WAY TO ENSURE CONTINUITY OF LEADERSHIP AS THE HEALTH SYSTEM NAVIGATES ITS ORGANIZATION 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.
SCHEDULE J, PART IIISCHEDULE J, PART I, LINE 3 TOP MANAGEMENT COMPENSATION: AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION WHICH USES ONE OR MORE OF THE METHODS DESCRIBED IN LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. COMPENSATION PROCESS: THIS ORGANIZATION DOES NOT PAY THE COMPENSATION REPORTED FROM RELATED ENTITIES. THE COMPENSATION OF EXECUTIVES IS DETERMINED BY TOWER HEALTH'S BOARD OF DIRECTORS, WHICH HAS DULY APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE TOWER HEALTH MEDICAL GROUP'S EXECUTIVE MANAGEMENT. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND AN EXECUTIVE COMPENSATION COMMITTEE CHARTER GOVERNING THE WORK AND REVIEW PROCESS OF THE COMMITTEE. THE COMMITTEE FOLLOWS THE PROCEDURES DESCRIBED IN THE PHILOSOPHY STATEMENT AND THE CHARTER WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE COMMITTEE'S REVIEW ANALYZES EVERY ELEMENT OF COMPENSATION, INCLUDING CURRENT AND DEFERRED COMPENSATION, AND BENEFITS, INCLUDING QUALIFIED AND NON-QUALIFIED BENEFITS. THE COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS AT LEAST ANNUALLY, AND APPROVES COMPENSATION AND BENEFITS ONLY TO THE EXTENT THAT THE COMMITTEE HAS CONCLUDED THAT THE COMPENSATION AND BENEFITS CONSTITUTE NO MORE THAN REASONABLE COMPENSATION FOR EACH EXECUTIVE. THE COMMITTEE CONSISTS ENTIRELY OF DISINTERESTED MEMBERS OF THE BOARD, AND THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE AND REVIEW IN ADVANCE COMPREHENSIVE DATA SHOWING THE COMPENSATION PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY SIMILAR POSITIONS. THE COMMITTEE ALSO PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. AS A RESULT, THE COMMITTEE'S REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES. SCHEDULE J, PART I, 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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, DELIVERING HEALTH CARE THAT IS READILY ACCESSIBLE, COMPASSIONATE, AND OF THE HIGHEST QUALITY AND VALUE, AND ENGAGING IN CLINICAL RESEARCH AND THE EDUCATION OF HEALTH CARE PROFESSIONALS AND OUR COMMUNITIES.
FORM 990, PAGE 1, PART I, LINE 6BOARD MEMBERS WITHOUT COMPENSATION ARE VOLUNTEERS.
FORM 990, PAGE 2, PART III, LINE 4DEXPENSES INCURRED IN PROVIDING VARIOUS OTHER HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. OTHER PHYSICIAN SERVICES INCLUDE: REVENUE EXPENSE AMBULATORY SPECIALTIES 14,364,878 22,556,634 BEHAVIORAL HEALTH SCIENCES 4,243,474 8,073,375 CARDIOLOGY 18,046,408 30,928,156 EMERGENCY 22,054,715 31,154,381 NEUROSCIENCES 8,506,240 17,443,054 WOMEN'S HEALTHCARE 18,808,504 30,763,603 ONCOLOGY 582,424 1,190,069 ORTHOPEDICS 2,810,259 4,648,047 PATHOLOGY 3,822,965 5,097,124 PEDIATRICS 8,253,472 11,845,874 RADIOLOGY 17,165,968 21,296,302 SUPPORT SERVICES 5,837,294, 19,390,951 SUGICAL SPECIALISTS 13,777,270 26,986,928 TRAUMA 3,044,083 7,051,546 OTHER 56,695 8,595
FORM 990, PART VTHE ORGANIZATION DOES NOT FILE FORM W-2, 1099-MISC OR FORM 1096. THE ORGANIZATION AND ITS RELATED ORGANIZATION, READING HOSPITAL (EIN 23- 1352204), SHARE ADMINISTRATIVE RESPONSIBILITIES. AS SUCH, READING HOSPITAL ADMINISTERS PAYMENTS TO INDEPENDENT CONSULTANTS AND FURNISHES FORM 1099- MISC, AS REQUIRED, AND IS RESPONSIBLE FOR FILING TOWER HEALTH MEDICAL GROUP'S (EIN 23-2266054) FORM 1096 AND W-2 FILINGS.
FORM 990, PAGE 6, PART VI, LINE 6THE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION.
FORM 990, PAGE 6, PART VI, LINE 7ATHE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION. THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY THE BOARD OF DIRECTORS OF TOWER HEALTH UNDER THE PURSUANT TO THE PROVISIONS OF THE BYLAWS OF TOWER HEALTH.
FORM 990, PAGE 6, PART VI, LINE 7BTHE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION. THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY THE BOARD OF DIRECTORS OF TOWER HEALTH UNDER THE PURSUANT TO THE PROVISIONS OF THE BYLAWS OF TOWER HEALTH.
FORM 990, PAGE 6, PART VI, LINE 8BPER THE BYLAWS, NO COMMITTEE OF THE BOARD SHALL EXERCISE ANY OF THE POWERS OR AUTHORITY VESTED BY THE BYLAWS. THE COMMITTEE OF THE BOARD MAY MAKE RECOMMENDATIONS TO THE BOARD CONCERNING THE BOARD'S EXERCISE OF SUCH POWERS AND AUTHORITY.
FORM 990, PAGE 6, PART VI, LINE 11BTOWER HEALTH MEDICAL GROUP'S RETURN IS PREPARED BY HOSPITAL STAFF AND REVIEWED BY ITS EXTERNAL TAX ADVISORS. THE TOWER HEALTH MEDICAL GROUP'S RETURN IS THEN POSTED FOR REVIEW BY THE TOWER HEALTH BOARD, WHICH IS THE PARENT CORPORATION, PRIOR TO FILING THE RETURN WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12CIT SHALL BE THE POLICY OF THE HOSPITAL AND CORRESPONDINGLY TOWER HEALTH MEDICAL GROUP TO REQUIRE EACH BOARD MEMBER TO SUBMIT IN WRITING TO THE CHIEF EXECUTIVE OFFICER A LIST OF BUSINESS OR OTHER ORGANIZATIONS OF WHICH THE MEMBER OR MEMBER'S SPOUSE IS AN OFFICER, DIRECTOR, MEMBER EMPLOYEE OR OWNER (35% OR GREATER SHARE) WITH WHICH THE COMPANY MIGHT REASONABLY ENTER INTO A RELATIONSHIP OR A TRANSACTION IN WHICH THE BOARD MEMBER WOULD HAVE CONFLICTING INTERESTS. EACH YEAR A COPY OF THE WRITTEN STATEMENT WILL BE SENT TO THE BOARD MEMBER FOR UPDATING AND RESUBMISSION AND BY WHICH THE BOARD MEMBER SHALL CONFIRM HIS AWARENESS OF THIS POLICY. PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST: A. AFTER THE BOARD OR COMMITTEE HAS DETERMINED THAT A MEMBER IS INDEED CONFLICTED, THE CONFLICTED PERSON MAY BE COUNTED IN DETERMINING WHETHER THERE IS A QUORUM TO ACT, BUT MAY NOT VOTE UPON THE MATTER. THE CONFLICTED MEMBER, OR A CONFLICTED OFFICER WHO IS NOT A MEMBER, MAY NEVERTHELESS MAKE A PRESENTATION TO THE BOARD OR COMMITTEE ON THE MATTER BUT, AFTER THE PRESENTATION, THE CONFLICTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF AND VOTE ON THE MATTER. B. THE BOARD OR COMMITTEE CHAIR MAY APPOINT ONE OR MORE DISINTERESTED PERSONS TO INVESTIGATE POSSIBLE RESOLUTIONS OF THE MATTER THAT ARE DEVOID OF THE CONFLICT OF INTEREST. C. THE BOARD OR COMMITTEE SHALL EXERCISE DUE DILIGENCE TO DETERMINE WHETHER THMG CAN ADDRESS THE MATTER MORE ADVANTAGEOUSLY BY MEANS THAT AVOID THE CONFLICT OF INTEREST. D. IF THE MATTER CANNOT BE ADDRESSED MORE ADVANTAGEOUSLY BY MEANS THAT AVOID THE CONFLICT OF INTEREST, OR IF OTHER APPROACHES TO RESOLUTION ARE IMPRACTICAL UNDER THE CIRCUMSTANCES, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE PROPOSED TRANSACTION OR CONTRACT IS IN THMG'S BEST INTERESTS, WHETHER IT IS FAIR AND REASONABLE, AND WHETHER TO ENTER INTO IT. E. IF THE BOARD DETERMINES THAT THERE HAS BEEN A VIOLATION OF THIS POLICY, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, WHICH MAY INCLUDE REMOVAL (IF THE INTERESTED PERSON IS A BOARD OR COMMITTEE MEMBER) OR TERMINATION (IF THE INTERESTED PERSON IS AN EMPLOYEE). INTENTIONALLY OR REPEATEDLY FAILING TO ADHERE TO THIS POLICY IS GROUNDS FOR REMOVAL FROM THE BOARD AND ITS COMMITTEES.
FORM 990, PAGE 6, PART VI, LINE 15ATHE COMPENSATION OF EXECUTIVES AS WELL AS OFFICERS AND KEY EMPLOYEES IS DETERMINED BY TOWER HEALTH'S BOARD OF DIRECTORS, WHICH HAS DULY APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE TOWER HEALTH MEDICAL GROUP'S EXECUTIVE MANAGEMENT. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND AN EXECUTIVE COMPENSATION COMMITTEE CHARTER GOVERNING THE WORK AND REVIEW PROCESS OF THE COMMITTEE. THE COMMITTEE FOLLOWS THE PROCEDURES DESCRIBED IN THE PHILOSOPHY STATEMENT AND THE CHARTER WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE COMMITTEE'S REVIEW ANALYZES EVERY ELEMENT OF COMPENSATION, INCLUDING CURRENT AND DEFERRED COMPENSATION, AND BENEFITS, INCLUDING QUALIFIED AND NON-QUALIFIED BENEFITS. THE COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS AT LEAST ANNUALLY, AND APPROVES COMPENSATION AND BENEFITS ONLY TO THE EXTENT THAT THE COMMITTEE HAS CONCLUDED THAT THE COMPENSATION AND BENEFITS CONSTITUTE NO MORE THAN REASONABLE COMPENSATION FOR EACH EXECUTIVE. THE COMMITTEE CONSISTS ENTIRELY OF DISINTERESTED MEMBERS OF THE BOARD, AND THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE AND REVIEW IN ADVANCE COMPREHENSIVE DATA SHOWING THE COMPENSATION PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY SIMILAR POSITIONS. THE COMMITTEE ALSO PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. AS A RESULT, THE COMMITTEE'S REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES.
FORM 990, PAGE 6, PART VI, LINE 15BSAME RESPONSE AS QUESTION 15A WHICH INCLUDES KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9INTERCOMPANY ELIMINATIONS 159,413,506

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TOWER HEALTH MEDICAL GROUP HOLDING
420 SOUTH 5TH AVENUEWEST READINGPA19611822221547HEALTHCAREPA$39,431,714$61,500,627THMG
COATESVILLE CLINIC COMPANY LLC
201 REECEVILLE ROADCOATESVILLEPA19320204634462HEALTHCAREPA$11,066-$38,149THMG HOLD
COATESVILLE CARDIOLOGY CLINIC LLC
201 REECEVILLE ROADCOATESVILLEPA19320272764483HEALTHCAREPA$1,783-$4,224THMG HOLD
VILLAGE MEDICAL CENTER ASSOC LLC
201 REECEVILLE ROADCOATESVILLEPA19320261913734HEALTHCAREPA$132THMG HOLD
CHESTNUT HILL CLINIC COMPANY LLC
8835 GERMANTOWN AVEPHILADELPHIAPA19118205689327HEALTHCAREPA$60,410-$2,800THMG HOLD
WEST GROVE CLINIC COMPANY LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390205689381HEALTHCAREPA$12,657$14,299THMG HOLD
WEST GROVE FAMILY PRACTICE LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390263678542HEALTHCAREPA$1,530-$24,256THMG HOLD
JENNERSVILLE FAMILY MEDICINE LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390263678578HEALTHCAREPA$1,230-$14,299THMG HOLD
PHOENIXVILLE CLINIC COMPANY LLC
140 NUTT ROADPHOENIXVILLEPA19460204398490HEALTHCAREPA$17,976,642$29,117,876THMG HOLD
PHOENIXVILLE SPECIALTY CLINIC LLC
140 NUTT ROADPHOENIXVILLEPA19460205689638HEALTHCAREPA$576THMG HOLD
PHOENIXVILLE ORTHO SPECIALISTS LLC
140 NUTT ROADPHOENIXVILLEPA19460900870615HEALTHCAREPA$2,812,299$4,053,720THMG HOLD
SCHUYLKILL INTERNAL MED ASSOC LLC
140 NUTT ROADPHOENIXVILLEPA19460260598987HEALTHCAREPA-$249-$12,889THMG HOLD
POTTSTOWN CLINIC COMPANY LLC
1600 EAST HIGH STREETPOTTSTOWNPA19464061694715HEALTHCAREPA$16,350,904$23,391,986THMG HOLD
COVENTRY CLINIC LLC
1600 EAST HIGH STREETPOTTSTOWNPA19464205689515HEALTHCAREPATHMG HOLD
TOWER-DREXEL ACADEMIC MED GRP LLC
219 NORTH BROAD STREET 1ST FLOORPHILADELPHIAPA19107205689638HEALTHCAREPA$2,203,442$5,018,655THMG HOLD

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
TOWER HEALTH
420 SOUTH 5TH AVENUEWEST READINGPA19611232201344HEALTHCAREPA501C312CNAfalse
READING HOSPITAL
420 SOUTH 5TH AVENUEWEST READINGPA19611231352204HEALTHCAREPA501C33TOWER HLTHYes (true)
THE RDG HOSPITAL & MED CENTER SELF-
420 SOUTH 5TH AVENUEWEST READINGPA19611232087514TRUST FUNDPA501C312BRDG HOSPYes (true)
READING HOSPITAL FOUNDATION
420 SOUTH 5TH AVENUEWEST READINGPA19611473054125SUPPORTPA501C312BRDG HOSPYes (true)
TOWER HEALTH AT HOME
420 SOUTH 5TH AVENUEWEST READINGPA19611231466250HEALTHCAREPA501C33TOWER HLTHYes (true)
THAH - ADVANTAGE HOME CARE
420 SOUTH 5TH AVENUEWEST READINGPA19611232469319HEALTHCAREPA501C33THAHYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1READING - UPMC JOINT VENTURE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 GRANT STREETAddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
EIN814566751EIN
Primary ActivitiesHEALTHCAREPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerfalseGeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
TOWER HEALTH PPO
PO BOX 14744READINGPA19612232430798PPOPANAC CORPfalse
MEDICUS RESOURCE MANAGEMENT
PO BOX 14744READINGPA19612232565297CM REVIEWPANAC CORPfalse
TOWER HEALTH RECIPROCAL RISK
151 MEETING STREET SUITE 301CHARLESTONSC29401822758845INSURANCESCC CORPfalseN/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd