2017-05-10T13:42:20-04:00 2016-06-30 990 2015-07-01 232087514 THE READING HOSPITAL & MEDICAL CENTER SELF-INSURANCE FUND READ 4846284307 PO BOX 16052 READING PA 196126052 GARY F CONNER CFO 4846284307 2017-05-09 2017-05-09 2015 2021-01-29 14:40:06Z CLINT MATTHEWS PO BOX 16052 READING PA 196126052 9653529 false X X 1983 PA TO SUPPORT THE OPERATIONS OF THE READING HOSPITAL. 19 14 0 15 0 0 0 219247 352212 0 219247 352212 0 0 0 0 0 0 0 219247 352212 18766731 19118943 0 18766731 19118943 TO SUPPORT THE OPERATIONS OF THE READING HOSPITAL. false false PAYMENTS OF GENERAL AND PROFESSIONAL LIABILITY CLAIMS THE SELF-INSURANCE FUND IS A RESERVE USED EXCLUSIVELY FOR THE ASSOCIATED COSTS OF PROFESSIONAL AND GENERAL LIABILITY CLAIMS BROUGHT AGAINST THE READING HOSPITAL, A 501 (C)(3) ORGANIZATION. IN THIS FISCAL YEAR'S TAX RETURN ALL CLAIMS WERE PAID DIRECTLY BY THE READING HOSPITAL AND ARE REPORTED ON ITS FORM 990. true false false false false false false false false false false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false X 19 14 false true false false false true true true true true false false true true true true true true true false X GARY CONNER CFO 4846288000 PO BOX 16052 READING PA 196126052 CLINT MATTHEWS PRESIDENT & 0.00 60.00 X X 0 2165662 378784 ROBERT BRIGHAM MD BOARD MEMBER 0.00 50.00 X 0 1034871 60768 KRISTEN SANDEL MD BOARD MEMBER 0.00 50.00 X 0 432239 35747 ADAM SIGAL MD BOARD MEMBER 0.00 50.00 X 0 384450 42042 BRENT WAGNER MD CHAIRMAN 0.00 6.00 X 0 0 0 VICTOR HAMMEL VICE CHAIR 0.00 6.00 X 0 0 0 THEODORE AUMAN BOARD MEMBER 0.00 4.00 X 0 0 0 JOHN CASEY MD BOARD MEMBER 0.00 4.00 X 0 0 0 ANN FLYNN MD BOARD MEMBER 0.00 4.00 X 0 0 0 TOM FLYNN PHD BOARD MEMBER 0.00 4.00 X 0 0 0 BRIAN HARD BOARD MEMBER 0.00 4.00 X 0 0 0 CHRIS G KRARAS BOARD MEMBER 0.00 6.00 X 0 0 0 GLENN MOYER BOARD MEMBER 0.00 4.00 X 0 0 0 MEG MUELLER BOARD MEMBER 0.00 4.00 X 0 0 0 KAREN RIGHTMIRE BOARD MEMBER 0.00 6.00 X 0 0 0 DAVID THUN BOARD MEMBER 0.00 6.00 X 0 0 0 JOHN WEIDENHAMMER BOARD MEMBER 0.00 4.00 X 0 0 0 C THOMAS WORK ESQ BOARD MEMBER 0.00 8.00 X X 0 0 0 BEN ZINTAK BOARD MEMBER 0.00 4.00 X 0 0 0 WILMINGTON TRUST TRUSTEE 5.00 X 0 51035 0 GARY F CONNER CFO 0.00 52.00 X 0 308822 127122 RICHARD W JONES FORMER CFO X 0 514844 20990 4891923 665453 true true false 352448 352448 9301081 9301317 -236 -236 -236 352212 352212 0 0 0 0 18766731 19118943 18766731 19118943 0 0 X 18766731 19118943 18766731 19118943 18766731 19118943 352212 X false true X true X X 1 READING HOSPITAL READING HOSPITAL 231352204 3 true 0 0 1 0 true false false false false false false false false false false false false false false true true true false false false false false false false CLINT MATTHEWS PRESIDENT & CEO 984696 223172 957794 342690 36094 2544446 834545 ROBERT BRIGHAM MD BOARD MEMBER 737736 231776 65359 49109 11659 1095639 KRISTEN SANDEL MD BOARD MEMBER 357998 68948 5293 28799 6948 467986 ADAM SIGAL MD BOARD MEMBER 343742 36411 4297 41562 480 426492 GARY F CONNER CFO 230770 78052 120000 7122 435944 RICHARD W JONES FORMER CFO 514844 20990 535834 SCHEDULE J, PAGE 1, PART I, LINE 4 CLINT MATTHEWS 0 1,177,235 0 RICHARD W. JONES 514,844 0 0 SCHEDULE J, PART III THIS ORGANIZATION DOES NOT PAY THE COMPENSATION REPORTED FROM RELATED ENTITIES. THE COMPENSATION OF EXECUTIVES IS DETERMINED BY THE READING HEALTH SYSTEM'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 HOSPITAL'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 THE HOSPITAL'S 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 1, PART I, LINE 6 ALL VOLUNTEERS ARE UNCOMPENSATED MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 3 THE MANAGEMENT OF THE TRUST IS CONDUCTED BY M&T BANK IN ACCORDANCE WITH AND SUBJECT TO THE CONDITIONS OF THE TRUST AGREEMENT. THE TRUST AGREEMENT PROVIDES THAT THE READING HOSPITAL'S SELF-INSURANCE PROGRAM ADMINISTRATOR IS EMPOWERED TO DIRECT THE TRUSTEE TO MAKE PAYMENTS FROM THE TRUST ESTATE TO SUCH PERSONS, IN SUCH MANNER, AND IN SUCH AMOUNTS AS SHALL BE REQUIRED BY LAW. FORM 990, PAGE 6, PART VI, LINE 7A THE SOLE MEMBER OF THE CORPORATION (HEREIN REFERRED TO AS "MEMBER") SHALL BE READING HEALTH SYSTEM. THE MANAGEMENT OF THE CORPORATION SHALL BE VESTED IN THE BOARD OF DIRECTORS ELECTED BY THE MEMBER. FORM 990, PAGE 6, PART VI, LINE 7B THE MANAGEMENT OF THE CORPORATION SHALL BE VESTED IN THE BOARD OF DIRECTORS ELECTED BY THE MEMBER WHO IS THE READING HEALTH SYSTEM. FORM 990, PAGE 6, PART VI, LINE 9 WILMINGTON TRUST 1 M&T PLAZA, 9TH FLOOR BUFFALO, NY 14240 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY HOSPITAL STAFF AND REVIEWED BY EXTERNAL TAX ADVISORS, PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C IT SHALL BE THE POLICY OF THE HOSPITAL AND CORRESPONDINGLY THE TRHMC SIF 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 MEMBERS 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. FORM 990, PAGE 6, PART VI, LINE 15A THE READING HEALTH SYSTEM'S BOARD OF DIRECTORS 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 HOSPITAL'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 THE HOSPITAL'S 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 15B SAME RESPONSE AS LINE 15A. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. READING HEALTH SYSTEM 420 SOUTH 5TH AVENUE WEST READING PA 19611 232201344 SUPPORTING PA 501C3 11C NA false READING HOSPITAL 420 SOUTH 5TH AVENUE WEST READING PA 19611 231352204 HEALTHCARE PA 501C3 3 RHS true THE FRIENDS OF THE READING HOSPITAL 420 SOUTH 5TH AVENUE WEST READING PA 19611 236026108 SUPPORTING PA 501C3 11B RHS true THE RDG HOSPITAL & MED CENTER WORKE 420 SOUTH 5TH AVENUE WEST READING PA 19611 223054717 TRUST FUND PA 501C3 11B RHS true READING PROFESSIONAL SERVICES 420 SOUTH 5TH AVENUE WEST READING PA 19611 232266054 HEALTHCARE PA 501C3 3 RHS true THE RDG HOSPITAL MEDICAL GROUP 420 SOUTH 5TH AVENUE WEST READING PA 19611 205095905 HEALTHCARE PA 501C3 3 RHS true THE HIGHLANDS AT WYOMISSING 2000 CAMBRIDGE AVE WYOMISSING PA 19610 222790840 RETIREMENT PA 501C3 9 RHS true READING HEALTH SYSTEM FOUNDATION 420 SOUTH 5TH AVENUE WEST READING PA 19611 473054125 SUPPORT PA 501C3 11B RHS true false false false false false false false false false false false false false false false false false false false