TOWER HEALTH MEDICAL GROUP: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- TOWER HEALTH MEDICAL GROUP (EIN 23-2266054)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-10
- IRS object ID
- 201131309349301703
- Schema version
- 2009v1.7
- Note
- A later return for the same period supersedes this one.
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-10T11:12:48-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232266054 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | READING PROFESSIONAL SERVICES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | READ | NameControl |
| Phone | 6109888114 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 16052 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196126052 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD W JONES | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6109888114 | Phone |
| Date Signed | 2011-05-09 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Prepared | 2011-05-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SCOTT R WOLFE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SIXTH AVE SPRUCE ST | AddressLine1 |
| City | WEST READING | City |
| State | PA | State |
| ZIP Code | 19611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 32941963 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1983 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | RPS IS A TAX-EXEMPT ENTITY WHICH WAS ESTABLISHED TO RECRUIT PHYSICIANS, PROVIDE PHYSICIAN BILLING AND ADMINISTRATIVE SERVICES FOR THE HOSPITAL, SUCH AS THE SUPERVISION OF MEDICAL STUDENTS COMPLETING THEIR RESIDENCY. DURING FISCAL 2010; 351,325 PROCEDUES WERE PERFORMED BY RPS PHYSICIANS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 294 | TotalNbrEmployees |
| Total Nbr Volunteers | 7 | TotalNbrVolunteers |
| Total Gross UBI | 32934269 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -9259186 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 27267816 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 32934269 | ProgramServiceRevenueCY |
| Investment Income Current Year | 7694 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 27267816 | TotalRevenuePriorYear |
| Total Revenue Current Year | 32941963 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 32594940 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36138675 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7733477 | OtherExpensePriorYear |
| Other Expenses Current Year | 11457258 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 40328417 | TotalExpensesPriorYear |
| Total Expenses Current Year | 47595933 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -13060601 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -14653970 | RevenuesLessExpensesCY |
| Total Assets BOY | 3838959 | TotalAssetsBOY |
| Total Assets EOY | 5152552 | TotalAssetsEOY |
| Total Liabilities BOY | 10473615 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6741178 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -6634656 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -1588626 | NetAssetsOrFundBalancesEOY |
| Mission Description | RPS IS A TAX-EXEMPT ENTITY WHICH WAS ESTABLISHED TO RECRUIT PHYSICIANS, PROVIDE PHYSICIAN BILLING AND ADMINISTRATIVE SERVICES FOR THE HOSPITAL, SUCH AS THE SUPERVISION OF MEDICAL STUDENTS COMPLETING THEIR RESIDENCY. DURING FISCAL 2010; 351,325 PROCEDUES WERE PERFORMED BY RPS PHYSICIANS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 9075708 | Expense |
| Revenue | 6043750 | Revenue |
| Description | HOSPITALISTS - SPECIALIZED HEALTHCARE PROCEDURES PERFORMED DURING FY 2010 WERE 70,502. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3865133 | Expense |
| Revenue | 4238970 | Revenue |
| Description | TRAUMA SERVICES - SPECIALIZED HEALTHCARE PROCEDURES PERFORMED DURING FY 2010 WERE 13,372. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3493102 | Expense |
| Revenue | 1834875 | Revenue |
| Description | INTERVENTIONAL RADIOLOGY - SPECIALIZED HEALTHCARE SERVICES PERFORMED DURING FY 2010 WERE 16,994. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 28096610 | Expense |
| Revenue | 20816674 | Revenue |
| Description | 25 OTHER SPECIALIZED HEALTHCARE SERVICES PERFORMED 259,943 PROCEDURES IN FY 2010. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 28096610 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 20816674 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 44530553 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 33 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 294 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RICHARD W JONES CFO | NamePerson |
| Telephone Number | 6109888114 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 16052 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196126052 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| SCOTT R WOLFE | ||||||||
| PRESIDENT | 1.00 | X | X | 0 | 1729645 | 44151 | ||
| STEVEN I FINKEL | ||||||||
| SR VP/TREASU | 1.00 | X | X | 0 | 688736 | 51331 | ||
| P MICHAEL EHLERMAN | ||||||||
| VICE CHAIRMA | 1.00 | X | 0 | 0 | 0 | |||
| BRUCE BENGTSON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT GIBBLE | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| SIDNEY D KLINE | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| TERRENCE MCGLINN | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MARLIN MILLER JR | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| C THOMAS WORK | ||||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |||
| RAM V CHAVALI | ||||||||
| PHYSICIAN | 40.00 | 650329 | 0 | 21236 | X | |||
| JAMES KU | ||||||||
| PHYSICIAN | 40.00 | 646664 | 0 | 44116 | X | |||
| MARK SCOTT | ||||||||
| PHYSICIAN | 40.00 | 524411 | 0 | 46804 | X | |||
| DAVID SACKS | ||||||||
| PHYSICIAN | 40.00 | 524268 | 0 | 51553 | X | |||
| ROBERT GUAY | ||||||||
| PHYSICIAN | 40.00 | 523004 | 0 | 42206 | X | |||
| CHARLES B SULLIVAN | ||||||||
| FORMER PRESI | 0 | 108050 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2868676 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2526431 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 301397 | TotalOtherCompensation |
| Number Individuals GT100 K | 104 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| PENN TRAUMA ASSOCIATES | ||||||
| 3440 MARKET ST | PHILADELPHIA | PA | 19104 | MEDICAL SERVICE | 1351654 | |
| CENTER FOR FAMILY GUIDANCE PC | ||||||
| 765 ROUTE 70 | MARLTON | NJ | 08053 | TELEMEDICAL SER | 359083 | EAST BUILDING A |
| PHILA COLLEGE OF OSTEOPATHIC MED | ||||||
| 4190 CITY AVENUE | PHILADELPHIA | PA | 19131 | MEDICAL SERVICE | 236458 | |
| ST CHRISTOPHER PEDIATRIC | ||||||
| FRONT ST AT ERIE AVE | PHILADELPHIA | PA | 19134 | MEDICAL SERVICE | 107347 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NET PATIENT REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 32934269 | TotalRevenueColumn |
| Unrelated Business Revenue | 32934269 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 32934269 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7694 | TotalRevenueColumn |
| Exclusion | $7,694 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32941963 | TotalRevenueColumn |
| Unrelated Business Revenue | 32934269 | UnrelatedBusinessRevenue |
| Exclusion | $7,694 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30766930 | Total |
| Program Services | 30766930 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1188767 | Total |
| Program Services | 1156792 | ProgramServices |
| Management And General | 31975 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2412976 | Total |
| Program Services | 2394615 | ProgramServices |
| Management And General | 18361 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1770002 | Total |
| Program Services | 1770002 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18989 | Total |
| Management And General | 18989 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5000 | Total |
| Management And General | 5000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3190567 | Total |
| Program Services | 2771596 | ProgramServices |
| Management And General | 418971 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1046157 | Total |
| Program Services | 1046157 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212985 | Total |
| Program Services | 212985 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98039 | Total |
| Program Services | 98039 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2192922 | Total |
| Program Services | 2192922 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| CORPORATE ALLOCATION EXP | 2567950 | 2567950 | |
| BAD DEBTS | 834323 | 834323 | |
| SUPPLIES | 618423 | 955 | 617468 |
| REPAIRS/MAINTENANCE | 407572 | 2386 | 405186 |
| OTHER MISCELLANEOUS | 116334 | 116334 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147997 | Total |
| Program Services | 147204 | ProgramServices |
| Management And General | 793 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47595933 | Total |
| Program Services | 44530553 | ProgramServices |
| Management And General | 3065380 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75843 | BOY |
| EOY | 88953 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3729116 | BOY |
| EOY | 4972431 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34000 | BOY |
| EOY | 91168 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3838959 | BOY |
| EOY | 5152552 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5020050 | BOY |
| EOY | 5737035 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1273 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5452292 | BOY |
| EOY | 1004143 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10473615 | BOY |
| EOY | 6741178 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -6634656 | BOY |
| EOY | -1588626 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -6634656 | BOY |
| EOY | -1588626 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3838959 | BOY |
| EOY | 5152552 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital170b1 Aiii | X | Hospital170b1Aiii |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO AFFILIATES | Description |
| Amount | $1,004,143 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1004143 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LIABILITY UNDER FIN 48 FOOTNOTE | Identifier |
| Return Reference | SCHEDULE D, PAGE 3, PART X | ReturnReference |
| Explanation | FIN 48 WAS ADOPTED AND NO ADJUSTMENTS TO READING PROFESSIONAL SERVICES' FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|---|---|---|---|---|
| SCOTT R WOLFE | |||||||||
| 545929 | 85250 | 1098466 | 44151 | 1773796 | |||||
| STEVEN I FINKEL | |||||||||
| 352102 | 67000 | 269634 | 51331 | 740067 | |||||
| RAM V CHAVALI | |||||||||
| 650000 | 329 | 21236 | 671565 | ||||||
| JAMES KU | |||||||||
| 609404 | 17260 | 44116 | 690780 | 20000 | |||||
| MARK SCOTT | |||||||||
| 518893 | 1290 | 46804 | 571215 | 4228 | |||||
| DAVID SACKS | |||||||||
| 519165 | 875 | 51553 | 575821 | 4228 | |||||
| ROBERT GUAY | |||||||||
| 518086 | 690 | 42206 | 565210 | 4228 | |||||
| CHARLES B SULLIVAN | |||||||||
| 108050 | 108050 | ||||||||
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS | Identifier |
| Return Reference | SCHEDULE J, PAGE 1, PART I, LINE 4 | ReturnReference |
| Explanation | SCOTT R. WOLFE 0 1,088,776 0 STEVEN I. FINKEL 0 260,544 0 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | RPS IS A TAX-EXEMPT ENTITY WHICH WAS ESTABLISHED TO RECRUIT PHYSICIANS, PROVIDE PHYSICIAN BILLING AND ADMINISTRATIVE SERVICES FOR THE HOSPITAL, SUCH AS THE SUPERVISION OF MEDICAL STUDENTS COMPLETING THEIR RESIDENCY. DURING FISCAL 2010; 351,325 PROCEDUES WERE PERFORMED BY RPS PHYSICIANS. |
| EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS | FORM 990, PAGE 1, PART I, LINE 6 | ALL ARE UNCOMPENSATED MEMBERS OF THE BOARD OF DIRECTORS. |
| ALL OTHER ACHIEVEMENTS DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | 25 OTHER SPECIALIZED HEALTHCARE SERVICES PERFORMED 259,943 PROCEDURES IN FY 2010. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERSHIP OF THE CORPORATION AT ANY GIVEN POINT IN TIME SHALL CONSIST OF THE PERSONS HOLDING THE FOLLOWING OFFICES AT THAT TIME: PRESIDENT OF THE READING HOSPITAL; VICE PRESIDENT/TREASURER OF THE READING HOSPITAL; AND THE MEMBERS OF THE EXECUTIVE COMPENSATION COMMITTEE OF THE READING HOSPITAL AND MEDICAL CENTER. THE EXECUTIVE COMPENSATION COMMITTE IS A STANDING COMMITTEE APPOINTED BY THE BOARD CHAIRMAN OF THE READING HOSPITAL & MEDICAL CENTER. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | FIVE MEMBERS SHALL CONSTITUTE A QUORUM AT ALL MEETINGS OF THE CORPORATION. ANY ACTION WHICH MAY BE TAKEN AT A MEETING OF THE MEMBERS OF THE CORPORATION MAY BE TAKEN WITHOUT A MEETING, IF A CONSENT IN WRITING, BY EACH MEMBER SETTING FORTH THE ACTION SO TAKEN SHALL BE SIGNED BY THE MEMBERS OF THE CORPORATION, AND SHALL BE FILED WITH THE SECRETARY OF THE CORPORATION. SUCH CONSENT MUST BE UNANIMOUS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11 | THE FORM 990 IS POSTED ON A WEBSITE FOR BOARD MEMBERS. MEMBERS ARE ALERTED TO INFORMATION AND NOTICES. A COPY OF THE 990 IS MAILED TO ANY BOARD MEMBER UNABLE TO VIEW THIS SITE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | IT SHALL BE THE POLICY OF THE HOSPITAL AND CORRESPONDENDLY RPS 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 (10% 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. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| ADDITIONAL INFORMATION | SCHEDULE O | 990 PART IV, LINE 12 AND PART XI LINE 2B READING PROFESSIONAL SERVICES WAS PART OF A CONSOLIDATED FINANCIAL STATEMENT AUDIT OF THE READING HOSPITAL AND ITS CONTROLLED ENTITIES. PART VI, SECTION B, 15 A & 15B - READING PROFESSIONAL SERVICES DOES NOT COMPENSATE ANY OF ITS OFFICERS, DIRECTORS OR TRUSTEES. FOOTNOTE TO FORM 990 FOR FISCAL YEAR ENDED JUNE 30, 2010 SCHEDULE J, PART II (1) THE READING HOSPITAL PROVIDES CERTAIN SUPPLEMENTAL RETIREMENT BENEFITS TO ITS OFFICERS AND KEY EMPLOYEES. THESE BENEFITS ARE PROVIDED THROUGH A NONQUALIFIED DEFERRED COMPENSATION PLAN, UNDER WHICH THE BENEFITS BEING EARNED ARE SUBJECT TO A "SUBSTANTIAL RISK OF FORFEITURE." THE SUPPLEMENTAL RETIREMENT BENEFITS ARE STRUCTURED TO PROVIDE A RETENTION INCENTIVE THAT HAS BEEN DETERMINED BY THE COMPENSATION COMMITTEE OF THE HOSPITAL'S BOARD TO BE OF SUBSTANTIAL VALUE TO THE HOSPITAL. ACCORDINGLY, TO BECOME ENTITLED TO THE BENEFITS PROVIDED, EACH COVERED EMPLOYEE MUST MEET SUBSTANTIAL REQUIREMENTS RELATING TO FUTURE EMPLOYMENT AND A TWO-YEAR NONCOMPETITION COVENANT THAT REQUIRES REPAYMENT OF THE ENTIRE RETIREMENT BENEFIT TO THE HOSPITAL FOLLOWING MOST FORMS OF EMPLOYMENT TERMINATION IF THE EMPLOYEE COMPETES WITH THE HOSPITAL. UNTIL THOSE REQUIREMENTS ARE SATISIFIED, AN EMPLOYEE IS NOT ENTITLED TO THESE AMOUNTS. FOR EXAMPLE, IF MR. WOLFE WERE TO HAVE TERMINATED EMPLOYMENT VOLUNTARILY IN THE YEAR TO WHICH THIS RETURN APPLIES, THE SUPPLEMENTAL RETIREMENT BENEFITS HE HAS EARNED WOULD NOT HAVE BEEN PAID OUT. IT SHOULD ALSO BE NOTED THAT THESE SUPPLEMENTAL RETIREMENT BENEFITS ARE PART OF A RETIREMENT PROGRAM THAT PROVIDES RETIREMENT INCOME FOR ALL YEARS OF SERVICE THAT THE EMPLOYEE PROVIDES TO THE HOSPITAL. ANY RETIREMENT BENEFITS SHOULD BE VIEWED AS APPLYING TO THE ENTIRE LENGTH OF THE EMPLOYEE'S SERVICE FOR THE HOSPITAL (FOR EXAMPLE, MR. SULLIVAN HAD 32 YEARS OF SERVICE, MR. WOLFE HAS HAD 18 YEARS OF SERVICE, AND MR. FINKLE HAS HAD 31 YEARS OF SERVICE, WITH THE HOSPITAL). THE COMPENSATION COMMITTEE APPROVES ALL RETIREMENT BENEFITS, TOGETHER WITH ALL OTHER FORMS OF COMPENSATION AND BENEFITS FOR THESE AND OTHER EXECUTIVES, IN A MANNER INTENDED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULES OF FEDERAL INCOME TAX LAW. THE FOLLOWING LISTED INDIVIDUALS PARTICIPATED IN THE SUPPLEMENTAL PLAN IN 2009: CHARLES B. SULLIVAN, SCOTT R. WOLFE AND STEVEN I. FINKEL. THE AMOUNT OF ADDITIONAL BENEFIT EARNED, BUT NEITHER VESTED NOR PAID OUT, IS INCLUDED IN THE AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN (C), AND THE AMOUNT OF ADDITIONAL BENEFIT THAT BECAME TAXABLE DUE TO BECOMING VESTED IN 2009 (AND THAT WAS INCLUDED ON THE INDIVIDUAL'S FORM W-2 FOR 2009) IS INCLUDED IN THAMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMN (B)III). 990 PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| THE READING HOSPITAL | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 232201344 | SUPPORTING | PA | 501 | 11C | NA |
| THE READING HOSPITAL & MEDICAL CEN | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 231352204 | HEALTHCARE | PA | 501 | 3 | NA |
| THE FRIENDS OF THE READING HOSPITAL | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 236026108 | SUPPORTING | PA | 501 | 11B | NA |
| THE RDG HOSPITAL & MED CENTER SELF- | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 232087514 | TRUST FUND | PA | 501 | 11B | NA |
| THE RDG HOSPITAL & MED CENTER WORKE | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 223054717 | TRUST FUND | PA | 501 | 11B | NA |
| THE RDG HOSPITAL MEDICAL GROUP | |||||||||
| SIXTH AVE SPRUCE ST | WEST READING | PA | 19611 | 205095905 | HEALTHCARE | PA | 501 | 3 | NA |
| THE HIGHLANDS AT WYOMISSING | |||||||||
| 2000 CAMBRIDGE AVE | WYOMISSING | PA | 19610 | 222790840 | RETIREMENT | PA | 501 | 9 | NA |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE READING HOSPITAL SURGICENTER AT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2603 KEISER BLD | AddressLine1 |
| City | WYOMISSING | City |
| State | PA | State |
| ZIP Code | 19610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582682467 | EIN |
| Primary Activity | SURGERY | PrimaryActivity |
| Legal Domicile State | DE | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Disproportionate Allocations | false | DisproportionateAllocations |
| General Or Managing Partner | false | GeneralOrManagingPartner |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MC REALTY CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 627 NORTH FOURTH STREET | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 19601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232607292 | EIN |
| Primary Activity | REALESTATE | PrimaryActivity |
| Legal Domicile State | PA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |