2020-06-12T13:24:02-05:00 2019-06-30 135565207 KPMG LLP 8350 BROAD STREET STE 900 MCLEAN VA 22102 990 2018-07-01 473054125 READING HOSPITAL FOUNDATION READ 4846284307 PO BOX 16052 READING PA 196126052 GARY F CONNER BOARD/EVP CFO TH 4846284307 2020-06-12 true JG WHITE P01498698 7032868000 2020-06-12 52.38.98.93 2020-06-12 13:24:02 CD P C4F4301BCA08B0DA86AB5E5E1BC737D06AE3FF09 7958D68071BC3DD7223DFDF65C84AA978ACDD896 2018 2020-11-06 18:47:13Z KATHERINE THORNTON PO BOX 16052 READING PA 196126052 4709232 false X X 2015 PA TO SUPPORT INNOVATION, EDUCATION, RESEARCH AND OVERALL IMPROVEMENT OF HEALTHCARE SERVICES IN SUPPORT OF READING HOSPITAL AND THE COMMUNITY. 22 16 4 17 0 1846236 4709232 0 0 0 1846236 4709232 196898 2320355 0 487810 490696 0 0 118855 162617 803563 2973668 1042673 1735564 32808032 35628110 11765 10303 32796267 35617807 TO SUPPORT INNOVATION, EDUCATION, RESEARCH AND OVERALL IMPROVEMENT OF HEALTHCARE SERVICES IN SUPPORT OF READING HOSPITAL AND THE COMMUNITY. false false 2910583 2320355 THROUGH THE GENEROSITY OF THOUSANDS OF DONORS, THE READING HOSPITAL FOUNDATION WAS ABLE TO SUPPORT PROGRAMS AT READING HOSPITAL THAT WERE INNOVATIVE, EDUCATIONAL AND RESEARCHED BASED. AN EMPLOYEE GIVING CAMPAIGN WAS LAUNCHED IN FISCAL YEAR 2019. THE CAMPAIGN ALLOWED THE READING HOSPITAL STAFF THE OPPORTUNITY TO MAKE CHARITABLE CONTRIBUTIONS TO PROGRAMS AND SERVICES THAT DIRECTLY IMPACTED PATIENTS AND COLLEAGUES AT READING HOSPITAL. 2910583 true true false false false false false false false true false false false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true 0 0 false 4 true false false false false false false false false false false false false false false false false X 22 16 false false false false true true true true true false false true true true true true true true true false PA X GARY CONNER 4846288000 420 SOUTH 5TH AVENUE WEST READING PA 19611 GARY F CONNER BOARD/EVP CF 2.00 50.00 X X 0 1107348 204153 DAN AHERN BOARD/EVP BU 2.00 48.00 X 0 954863 193197 KATHERINE THORNTON PRESIDENT OF 50.00 X X 273705 0 47984 DAVID GEORGE MD FACP BOARD MEMBER 2.00 38.00 X 0 222564 38617 WILLIAM JENNINGS BOARD/EVP & 2.00 50.00 X 0 210196 239243 LARRY ROTENBERG MD BOARD MEMBER 2.00 8.00 X 0 32910 -43058 JEFF RUSH CHAIRMAN 2.00 X X 0 0 0 PAUL COHN VICE CHAIRMA 2.00 X X 0 0 0 P MICHAEL EHLERMAN TREASURER 2.00 X X 0 0 0 BUNNY ZINTAK SECRETARY 2.00 X X 0 0 0 CHRIS KRARAS BOARD MEMBER 2.00 4.00 X 0 0 0 DAVID THUN BOARD MEMBER 2.00 X 0 0 0 MARY ELLEN BATMAN BOARD MEMBER 2.00 X 0 0 0 JIM BOSCOV BOARD MEMBER 2.00 X 0 0 0 RICHARD EHST BOARD MEMBER 2.00 X 0 0 0 JACK W GRUBER MD BOARD MEMBER 2.00 X 0 0 0 VICTOR HAMMEL BOARD MEMBER 2.00 X 0 0 0 KATHY HERBEIN BOARD MEMBER 2.00 X 0 0 0 MARLIN MILLER BOARD MEMBER 2.00 X 0 0 0 KAREN RIGHTMIRE BOARD MEMBER 2.00 4.00 X 0 0 0 BRENT WAGNER MD BOARD MEMBER 2.00 4.00 X 0 0 0 C THOMAS WORK ESQ BOARD MEMBER 2.00 4.00 X 0 0 0 JOHN WEIDENHAMMER BOARD MEMBER 2.00 6.00 X 0 0 0 273705 2527881 680136 1 false true false 4709232 4709232 4709232 2320355 2320355 291980 262782 29198 145082 130574 14508 22884 20596 2288 30750 27675 3075 59500 53551 5949 5500 4950 550 3046 2741 305 131 131 OUTSIDE SERVICE EXPENSE 58617 52755 5862 SOFTWARE SUPPLIES & MAINT 34604 34604 POSTAGE 639 639 DUES AND SUBSCRIPTIONS 580 580 2973668 2910583 63085 0 -1459630 423016 16986571 17120000 17281091 18085094 32808032 35628110 11765 10303 11765 10303 X -1660942 -10299 17470638 18508106 16986571 17120000 32796267 35617807 32808032 35628110 X 1735564 1115792 -29816 X false true X true false X X X 2 READING HOSPITAL 231352204 3 true 2320355 0 TOWER HEALTH MEDICAL GROUP 232266054 3 true 0 0 2 2320355 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16241891 1538398 -1210459 20538 16549293 16438515 -191643 4981 16241891 1.00000 false false TEMPORARY RESTRICTED FUNDS 16549293 LT PLEDGE RECEIVABLE 1535801 18085094 OTHER - 457 PLAN 10303 10303 X 2320355 2320355 2388877 2388877 4709232 2973668 2973668 2973668 SCHEDULE D, PAGE 3, PART X 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. SCHEDULE D, PAGE 4, PART XIII SCHEDULE D, PART XI, LINE 4B DONATIONS OF 2,388,877 WERE REPORTED AS EITHER TEMPORARILY OR PERMANENTLY RESTRICTED BECAUSE THEY WERE RECEIVED WITH DONOR STIPULATIONS THAT LIMIT THE USE OF THE DONATED ASSETS. WHEN THE DONOR RESTRICTION EXPIRES, THAT IS, WHEN A STIPULATED TIME RESTRICTION ENDS OR PURPOSE RESTRICTION IS ACCOMPLISHED, TEMPORARILY RESTRICTED NET ASSETS ARE RECLASSIFIED AS UNRESTRICTED NET ASSETS AND REPORTED IN THE CONSOLIDATED STATEMENTS OF OPERATIONS AS NET ASSETS RELEASED FROM RESTRICTIONS. DONOR RESTRICTED DONATIONS WHOSE RESTRICTIONS ARE MET WITHIN THE SAME YEAR AS RECEIVED ARE REPORTED AS UNRESTRICTED DONATIONS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF OPERATIONS. true READING HOSPITAL PO BOX 16052 READING PA 19612 231352204 501C3 2320355 CASH SUPPORT 1 SCHEDULE I, PAGE 4, PART IV IN ORDER TO ENSURE THAT THE USE OF FUNDS ARE FOR CHARITABLE PURPOSES, GRANTS AND ASSISTANCE ARE ONLY PROVIDED TO INTERNAL REVENUE CODE SECTION 501(C)(3) SUPPORTED ORGANIZATIONS OF THE READING HOSPITAL FOUNDATION, A TYPE I SUPPORTING ORGANIZATION OPERATED, SUPERVISED, OR CONTROLLED BY ITS SUPPORTED ORGANIZATIONS. false true false false false false false false false GARY F CONNER BOARD/EVP CFO TH 640781 279728 186839 191100 13053 1311501 147042 DAN AHERN BOARD/EVP BUS DEV TH 560805 244153 149905 170750 22447 1148060 132398 KATHERINE THORNTON PRESIDENT OF RHF 216831 56398 476 33480 14504 321689 DAVID GEORGE MD FACP BOARD MEMBER 12/18 70439 152125 34768 3849 261181 106255 WILLIAM JENNINGS BOARD/EVP & CEO RH 179885 30311 235474 3769 449439 SCHEDULE J, PAGE 1, PART I, LINE 4 GARY F. CONNER 0 147,042 0 DAN AHERN 0 132,398 0 DAVID GEORGE, MD FACP 0 106,255 0 SCHEDULE J, PART III SCHEDULE 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. REFER TO SCHEDULE O FOR A DESCRIPTION OF THE COMPENSATION REVIEW AND APPROVAL PROCESS. SCHEDULE J, PART I, LINE 4B TERMS AND CONDITIONS OF 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 CONTRIBTUIONS TO THE 457(F) DEFERRED COMPENSATION PLAN. THE EMPLOYEE MUST BE EMPLOYED BY 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 2018 BUT DID NOT RECEIVE A DISTRIBUTION. KATHERINE THORNTON WILLIAM JENNINGS FORM 990, PAGE 6, PART VI, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS READING HOSPITAL, A PENNSYLVANIA NONPROFIT CORPORATION. FORM 990, PAGE 6, PART VI, LINE 7A IN ADDITION TO ALL MATTERS REQUIRED BY LAW OR BY OTHER PROVISIONS OF THE BYLAWS TO BE APPROVED BY THE SOLE MEMBER (READING HOSPITAL) OF THE CORPORATION, THE SOLE MEMBER MAY INITIATE AND IMPLEMENT ANY PROPOSAL WITH RESPECT TO THE ELECTION OR REMOVAL OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 7B THE SOLE MEMBER (READING HOSPITAL) MAY INITIATE AND IMPLEMENT ANY PROPOSAL WITH RESPECT TO THE FOLLOWING, AND IF ANY PROPOSAL WITH RESPECT TO ANY OF THE FOLLOWING IS OTHERWISE INITIEATED, IT SHALL NOT BECOME EFFECTIVE UNLESS APPROVED BY THE SOLE MEMBER OF THE CORPORATION: 1.THE AMENDMENT OF THE ARTICLES OF INCORPORATION, OR BYLAWS; 2.THE SALE, PURCHASE, LEASE, OR ENCUMBRANCE WITH DEBT, IN ANY WAY, OF REAL PROPERTY OF THE CORPORATION OR THE CREATION OF ANY ENCUMBRANCE UPON OR EXECUTION OF ANY DEBT INSTRUMENT AFFECTING OR RESTRICTING ANY ASSET OF THE CORPORATION IN EXCESS OF AN AMOUNT SPECIFIED FROM TIME TO TIME BY RESOLUTION OF THE SOLE MEMBER; 3.THE TRANSFER OF ANY ASSETS OF THE CORPORATION, EXCLUDING THE TRANSFER OF EQUIPMENT WHICH HAS SUCH A VALUE AS THE SOLE MEMBER MAY DESIGNATE FROM TIME TO TIME UPON THE PRESIDENT'S RECOMMENDATION; 4.THE ELECTION OR REMOVAL OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION; 5.THE APPROVAL OF THE ANNUAL OPERATING AND CAPITAL BUDGETS OF THE CORPORATION; 6.THE APPROVAL OF INVESTMENT ADVISORS, OUTSIDE LEGAL COUNSEL, AND AUDITORS FOR THE CORPORATION; 7.THE CREATION OR FORMATION OF A SUBSIDIARY OF THE CORPORATION; AND 8.THE APPROVAL OF NON-BUDGETED EXPENDITURES BY THE CORPORATION OF SUCH AMOUNT AS THE SOLE MEMBER MAY DESIGNATE FROM TIME TO TIME UPON THE PRESIDENT'S RECOMMENDATION. FORM 990, PAGE 6, PART VI, LINE 11B THE READING HOSPITAL FOUNDATION FORM 990 IS PREPARED BY HOSPITAL STAFF, REVIEWED BY AN EXTERNAL TAX ADVISOR AND POSTED ON A BOARD PORTAL FOR BOARD MEMBERS TO VIEW PRIOR TO FILING. MEMBERS ARE ALERTED TO INFORMATION AND NOTICES. A COPY OF FORM 990 IS AVAILABLE UPON REQUEST TO ANY BOARD MEMBER UNABLE TO VIEW FROM THE PORTAL. FORM 990, PAGE 6, PART VI, LINE 12C IT SHALL BE THE POLICY OF THE HOSPITAL AND CORRESPONDINGLY READING HOSPITAL FOUNDATION 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 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 OR HER AWARENESS OF THIS POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE INDEPENDENT COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED. 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. FORM 990, PAGE 6, PART VI, LINE 15B THERE IS AN EXECUTIVE COMPENSATION STUDY COMPLETED BY THE COMPENSATION COMMITTEE. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL EXECUTIVE STAFF WAGES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 INTERCOMPANY ELIMINATION 2,303,957 ASSETS RELEASED FROM RESTRICTIONS -2,333,773 TOTAL -29,816 TOWER HEALTH 420 SOUTH 5TH AVENUE WEST READING PA 19611 232201344 SUPPORTING PA 501C3 12C NA false READING HOSPITAL 420 SOUTH 5TH AVENUE WEST READING PA 19611 231352204 HEALTHCARE PA 501C3 3 TOWER HLTH false THE FRIENDS OF THE READING HOSPITAL 420 SOUTH 5TH AVENUE WEST READING PA 19611 236026108 SUPPORTING PA 501C3 10 RDG HOSP false THE RDG HOSPITAL & MED CENTER SELF- 420 SOUTH 5TH AVENUE WEST READING PA 19611 232087514 TRUST FUND PA 501C3 12B RDG HOSP false TOWER HEALTH MEDICAL GROUP 420 SOUTH 5TH AVENUE WEST READING PA 19611 232266054 HEALTHCARE PA 501C3 3 TOWER HLTH false TOWER HEALTH AT HOME 1170 BERKSHIRE BLVD WYOMISSING PA 19610 232469321 SUPPORTING PA 501C3 12B TOWER HLTH false THAH - ADVANTAGE HOME CARE 1170 BERKSHIRE BLVD WYOMISSING PA 19610 232469319 HEALTHCARE PA 501C3 3 TOWER HLTH false TOWER HEALTH AT HOME - BERKS 1170 BERKSHIRE BLVD WYOMISSING PA 19610 231466250 HEALTHCARE PA 501C3 3 TOWER HLTH false TOWER HEALTH AT HOME - POTTSTOWN 1170 BERKSHIRE BLVD WYOMISSING PA 19610 231352574 HEALTHCARE PA 501C3 3 TOWER HLTH false SOUTHERN CHESTER CNTY MED BLDG 1 1015 WEST BALTIMORE PIKE WEST GROVE PA 19390 232200841 HEALTHCARE PA N/A false false READING - UPMC JOINT VENTURE LLC 600 GRANT STREET PITTSBURGH PA 15219 814566751 HEALTHCARE PA N/A false false TOWERUSP SURGERY CENTERS LLC 15305 DALLAS PARKWAY-SUITE 1600LB28 ADDISON TX 75001 364911103 HEALTHCARE PA N/A false false TOWER HEALTH PPO PO BOX 14744 READING PA 19612 232430798 PPO PA NA C CORP false MEDICUS RESOURCE MANAGEMENT PO BOX 14744 READING PA 19612 232565297 CM REVIEW PA NA C CORP false TOWER HEALTH RECIPROCAL RISK 151 MEETING STREET SUITE 301 CHARLESTON SC 29401 822758845 INSURANCE SC NA C CORP false false true false false false false false false false false false false false false false false true false false