TIDALHEALTH INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TIDALHEALTH INC (EIN 52-2132761)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202601359349309340
- Schema version
- 2024v5.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T13:12:58-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 WILSON BOULEVARD SUITE 1500 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522132761 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIDALHEALTH INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TIDA | BusinessNameControlTxt |
| Phone | 4105466400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST CARROLL STREET | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BENNY STOVER | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4105466400 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY TORRETTA | PreparerPersonNm |
| PTIN | P00847851 | PTIN |
| Phone | 7038477500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEVEN LEONARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST CARROLL STREET | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $324,202,464 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TIDALHEALTH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 6216 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $58,855,636 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $192,422,716 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $172,725,905 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,276,813 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,595,693 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,095 | PYOtherRevenueAmt |
| CY Other Revenue | $90,025,230 | CYOtherRevenueAmt |
| PY Total Revenue | $194,711,624 | PYTotalRevenueAmt |
| CY Total Revenue | $324,202,464 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $109,737 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $158,179,555 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $246,199,444 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $85,122,378 | PYOtherExpensesAmt |
| CY Other Expenses | $87,425,022 | CYOtherExpensesAmt |
| PY Total Expenses | $243,301,933 | PYTotalExpensesAmt |
| CY Total Expenses | $333,734,203 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$48,590,309 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,531,739 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $928,715,887 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,056,469,749 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,130,360 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $191,398,785 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $775,585,527 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $865,070,964 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $202,842,320 | ExpenseAmt |
| Grant | $109,737 | GrantAmt |
| Revenue | $172,725,905 | RevenueAmt |
| Desc | TIDALHEALTH, INC. (THI) OWNS AND INVESTS IN HEALTHCARE ORGANIZATIONS ON THE DELMARVA PENINSULA IN ORDER TO IMPROVE THE HEALTH OF THE CITIZENS OF THE COMMUNITY WE SERVE. THROUGH THI'S DISREGARDED ENTITY SUBSIDIARIES, THE FILING ORGANIZATION OPERATES A PHYSICIAN NETWORK PROVIDING INTEGRATED PHYSICIAN SERVICES AND AN AMBULATORY SURGERY CENTER FOR THE HEALTH SYSTEM. DURING FY25, THE ORGANIZATION PROVIDED PATIENT CARE IN 803,686 PHYSICIAN VISITS AND 24,571 SURGICAL CASES. | Desc |
| Total Program Service Expenses | $202,842,320 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 438 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6216 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEAN A SWINGLE DIRECTOR OF FINANCE | PersonNm |
| Phone | 3022972444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST CARROLL STREET | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21801 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| STEVEN LEONARD | ||||||||
| PRESIDENT/CEO | 1.00 | 51.00 | Yes (X) | Yes (X) | $1,341,372 | $0 | $309,149 | |
| MEMO DIRIKER | ||||||||
| CHAIRPERSON | 5.00 | 3.00 | Yes (X) | Yes (X) | $30,000 | $0 | $0 | |
| VEL NATESAN MD | ||||||||
| BOARD MEMBER/PHYSICIAN | 1.00 | 0.00 | Yes (X) | $6,591 | $0 | $0 | ||
| RYAN MCLAUGHLIN | ||||||||
| IMMEDIATE PAST CHAIRPERSON | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID ROMMEL | ||||||||
| VICE-CHAIRMAN | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREA WILLIAMS | ||||||||
| SECRETARY/TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HEIDI ANDERSON | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY BENNING MD | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS COATES | ||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HERBERT J GEARY III | ||||||||
| BOARD MEMBER (THRU 12/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK HIGDON | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA LEHMAN | ||||||||
| BOARD MEMBER | 1.00 | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN POISKER | ||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELE PROCINO-WELLS | ||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE TURNER | ||||||||
| BOARD MEMBER (BEG 01/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIUS ZANT MD | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE GARY | ||||||||
| CFO | 1.00 | 53.00 | Yes (X) | $656,804 | $0 | $61,476 | ||
| TRUDY HALL MD | ||||||||
| V.P. CHIEF MEDICAL OFFICER | 1.00 | 51.00 | Yes (X) | $699,113 | $0 | $65,960 | ||
| LURA LUNSFORD | ||||||||
| V.P. OPERATIONS | 1.00 | 51.00 | Yes (X) | $926,642 | $0 | $88,352 | ||
| ISMET LUKOLIC MD | ||||||||
| PHYSICIAN | 40.00 | 0.00 | $1,366,784 | $0 | $47,902 | Yes (X) | ||
| ZACHARY BAKER MD | ||||||||
| PHYSICIAN | 40.00 | 0.00 | $1,120,451 | $0 | $69,678 | Yes (X) | ||
| FAWAD KHAN MD | ||||||||
| PHYSICIAN | 40.00 | 0.00 | $1,104,519 | $0 | $76,633 | Yes (X) | ||
| WILLIAM DORAN DO | ||||||||
| PHYSICIAN | 40.00 | 0.00 | $1,098,982 | $0 | $67,830 | Yes (X) | ||
| JOHN HAMILTON MD | ||||||||
| PHYSICIAN | 40.00 | 0.00 | $1,020,583 | $0 | $69,752 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,371,841 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $856,732 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1171 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INTERMED GROUP | |||||
| 13301 N W HWY 441 | ALACHUA | FL | 326158512 | BIOMEDICAL SERVICES | $9,945,593 |
| FOCUSONE SOLUTIONS LLC | |||||
| PO BOX 850861 | MINNEAPOLIS | MN | 554850861 | TEMPORARY LABOR SERVICES | $7,290,123 |
| CROTHALL SERVICES GROUP | |||||
| 13028 COLLECTIONS CENTER DR | CHICAGO | IL | 60693 | ENVIRONMENTAL SERVICES | $6,717,542 |
| LOCUMSMART LLC | |||||
| PO BOX 736389 | DALLAS | TX | 75373 | TEMPORARY LABOR SERVICES | $5,156,165 |
| APOGEE MEDICAL MANAGEMENT | |||||
| 15059 N SCOTTSDALE RD STE 600 | SCOTTSDALE | AZ | 85254 | HOSPITALIST SERVICES | $4,361,708 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 87 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $58,855,636 | RelatedOrganizationsAmt |
| Total Contributions | $58,855,636 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PATIENT SERVICES | 621500 | $108,964,215 | $108,964,215 |
| PHYSICIAN SUBSIDIES | 621500 | $62,025,366 | $62,025,366 |
| CARE MANAGEMENT | 621500 | $1,736,324 | $1,736,324 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $172,725,905 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,595,693 | TotalRevenueColumnAmt |
| Exclusion | $2,595,693 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| AFFILIATE & OTHER RECOVERIES | 900099 | $90,023,840 | $90,023,840 |
| PURCHASE DISCOUNT | 900099 | $1,390 | $1,390 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $90,025,230 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $324,202,464 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $172,725,905 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $92,620,923 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,737 | TotalAmt |
| Program Services | $109,737 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,149,722 | TotalAmt |
| Management And General | $4,149,722 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,610,741 | TotalAmt |
| Program Services | $142,621,561 | ProgramServicesAmt |
| Management And General | $8,989,180 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,026,393 | TotalAmt |
| Management And General | $15,026,393 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,058,915 | TotalAmt |
| Program Services | $445,738 | ProgramServicesAmt |
| Management And General | $66,613,177 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,353,673 | TotalAmt |
| Program Services | $7,369,365 | ProgramServicesAmt |
| Management And General | $984,308 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,731,368 | TotalAmt |
| Management And General | $2,731,368 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,000 | TotalAmt |
| Management And General | $700,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,299 | TotalAmt |
| Management And General | $185,299 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,263,475 | TotalAmt |
| Program Services | $28,141,764 | ProgramServicesAmt |
| Management And General | $17,121,711 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,610 | TotalAmt |
| Management And General | $51,610 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,700,441 | TotalAmt |
| Program Services | $1,299,997 | ProgramServicesAmt |
| Management And General | $7,400,444 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $567,998 | TotalAmt |
| Program Services | $530,088 | ProgramServicesAmt |
| Management And General | $37,910 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,959,528 | TotalAmt |
| Program Services | $5,750,393 | ProgramServicesAmt |
| Management And General | $1,209,135 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,596 | TotalAmt |
| Program Services | $117,793 | ProgramServicesAmt |
| Management And General | $120,803 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $639 | TotalAmt |
| Management And General | $639 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,586,483 | TotalAmt |
| Program Services | $1,586,483 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,615,312 | TotalAmt |
| Program Services | $81,588 | ProgramServicesAmt |
| Management And General | $4,533,724 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DRUGS EXPENSE | $10,398,527 | $10,266,476 | $132,051 |
| MEDICAL SUPPLIES | $3,752,776 | $3,698,143 | $54,633 |
| BAD DEBT | $716,975 | $716,975 | |
| UBIT AND EXCISE TAX | $604,425 | $604,425 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,570 | TotalAmt |
| Program Services | $106,219 | ProgramServicesAmt |
| Management And General | $245,351 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,734,203 | TotalAmt |
| Program Services | $202,842,320 | ProgramServicesAmt |
| Management And General | $130,891,883 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,424,693 | BOYAmt |
| EOY | $3,700,179 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,540,660 | BOYAmt |
| EOY | $18,060,210 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,503,072 | BOYAmt |
| EOY | $5,966,884 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $276,764 | BOYAmt |
| EOY | $177,110 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $770,747 | BOYAmt |
| EOY | $2,144,426 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,252,190 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,767,424 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,965,202 | BOYAmt |
| EOY | $17,484,766 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,036,938 | BOYAmt |
| EOY | $925,896,383 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,197,811 | BOYAmt |
| EOY | $83,039,791 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,715,887 | BOYAmt |
| EOY | $1,056,469,749 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,119,017 | BOYAmt |
| EOY | $66,444,360 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,414,796 | BOYAmt |
| EOY | $92,464,150 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,596,547 | BOYAmt |
| EOY | $32,490,275 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,130,360 | BOYAmt |
| EOY | $191,398,785 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $703,289,883 | BOYAmt |
| EOY | $783,017,203 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,295,644 | BOYAmt |
| EOY | $82,053,761 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $775,585,527 | BOYAmt |
| EOY | $865,070,964 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,715,887 | BOYAmt |
| EOY | $1,056,469,749 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$9,531,739 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $99,017,176 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $58,855,636 | CurrentTaxYearAmt |
| Total | $58,855,636 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $88,605,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $126,665,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $178,166,249 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $192,422,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $172,725,905 | CurrentTaxYearAmt |
| Total | $758,586,240 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $88,605,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $126,665,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $178,166,249 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $192,422,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $231,581,541 | CurrentTaxYearAmt |
| Total | $817,441,876 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $817,441,876 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $197,694 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $848,950 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,291,836 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,595,693 | CurrentTaxYearAmt |
| Total | $5,934,173 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $197,694 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $848,950 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,291,836 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,595,693 | CurrentTaxYearAmt |
| Total | $5,934,173 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $15,659 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,036 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,990 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $90,025,230 | CurrentTaxYearAmt |
| Total | $90,046,915 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $88,803,242 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $126,681,481 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $179,018,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $194,717,542 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $324,202,464 | CurrentTaxYearAmt |
| Total | $913,422,964 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.89490 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99430 | PublicSupportPY509Pct |
| Investment Income CY | 0.00650 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00570 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | PURCHASE DISCOUNT - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 15,659. 2022 AMOUNT: $ 3,036. 2023 AMOUNT: $ 2,990. 2024 AMOUNT: $ 1,390. RECOVERY FROM AFFILIATES - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 90,023,840. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $141,299 | DirectContactLegislatorsAmt |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $44,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $185,299 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1, OTHER ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | TIDALHEALTH INC DOES NOT ENGAGE IN ANY DIRECT LOBBYING ACTIVITIES. THE ORGANIZATION PAYS MEMBERSHIP DUES TO MARYLAND HOSPITAL ASSOCIATION (MHA). MHA ENGAGES IN MANY SUPPORT ACTIVITIES INCLUDING LOBBYING AND ADVOCATING FOR ITS MEMBER HOSPITALS. THE MHA REPORTED THAT A PERCENTAGE OF MEMBER DUES WERE USED FOR LOBBYING PURPOSES AND SUCH, THE ORGANIZATION HAS REPORTED THIS AMOUNT ON SCHEDULE C PART IV AS LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $99,244,284 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $10,361,771 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,010 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $375,992 | AdministrativeExpensesAmt |
| End Year Balance | $109,216,053 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $87,652,533 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $11,952,711 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $19,029 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $341,932 | AdministrativeExpensesAmt |
| End Year Balance | $99,244,283 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $87,537,245 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $10,561,995 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $54,474 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,000,000 | OtherExpendituresAmt |
| Administrative Expenses | $392,233 | AdministrativeExpensesAmt |
| End Year Balance | $87,652,533 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,246,212 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$14,214,441 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,774 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $485,752 | AdministrativeExpensesAmt |
| End Year Balance | $87,537,245 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $79,165,301 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $23,584,799 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $92,960 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $410,928 | AdministrativeExpensesAmt |
| End Year Balance | $102,246,212 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.39550 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.07930 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.52520 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,343,109 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,835,540 | DepreciationAmt |
| Book Value | $11,507,569 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,900,786 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,911,767 | DepreciationAmt |
| Book Value | $1,989,019 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,008,295 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,117 | DepreciationAmt |
| Book Value | $3,988,178 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $17,484,766 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS-PROGRAM RELATED | Desc |
| Book Value | $925,896,383 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $925,896,383 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENTS IN SUBSIDIARIES | $37,110,006 |
| CONSTRUCTION FUND BALANCE | $25,485,582 |
| RIGHT OF USE - LEASE ASSET | $12,735,341 |
| SPLIT DOLLAR PLAN | $1,198,146 |
| DUE FROM AFFILIATES | $2,693,580 |
| SECTION 457(F) PLAN INVESTMENTS | $2,509,799 |
| PRIVATE ESCROW FUND | $1,016,581 |
| OTHER ASSETS | $290,756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $83,039,791 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECTION 457(F) PLAN DEFERRED COMPENSATION | $14,350,959 |
| RIGHT OF USE - LEASE LIABILITY | $13,536,618 |
| ACCRUED SELF-INSURANCE LIABILITIES | $4,602,698 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $32,490,275 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | INTENDED USES OF ENDOWMENT FUNDS THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR CAPITAL, PATIENT SERVICES OR EDUCATIONAL PURPOSES. THE HEALTH SYSTEM ADMINISTERS THE ENDOWMENT FOR THE BENEFIT OF TIDALHEALTH PENINSULA REGIONAL INC. AND TIDALHEALTH FOUNDATION. |
| PART X, LINE 2: | LIABILITY FOR UNCERTAIN TAX POSITION (ASC 740) THE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF TIDALHEALTH, INC. THE RELEVANT TEXT OF THE INCOME TAX FOOTNOTE FROM THOSE FINANCIALS IS: THE HEALTH SYSTEM HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2025 AND 2024. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 1 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $100,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $100,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $100,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING METHOD THE AMOUNTS IN COLUMN F FOR EXPENSE WERE DETERMINED USING AN ACCRUAL METHOD OF ACCOUNTING AND INVESTMENTS ARE RECORDED AT COST. THE TOTAL AMOUNT REPRESENTS A CAPTIVE INSURANCE INVESTMENT. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ATLANTIC GENERAL HOSPITAL | ||||||||
| 10320 OLD OCEAN CITY BLVD | BERLIN | MD | 21811 | 521656507 | 501(C)(3) | $19,230 | $0 | EVENT SPONSORSHIP |
| CHESAPEAKE HOUSING MISSION | ||||||||
| PO BOX 1061 | SALISBURY | MD | 21802 | 263435626 | 501(C)(3) | $27,000 | $0 | GENERAL DONATION |
| DEL TECHNICAL AND COMMUNITY COLLEGE | ||||||||
| 21179 COLLEGE DR | GEORGETOWN | DE | 19947 | 516000279 | 501(C)(3) | $10,000 | $0 | EVENT SPONSORSHIP |
| RECOVERY RESOURCE CENTER INC | ||||||||
| 726 S SALISBURY BLVD STE E | SALISBURY | MD | 21802 | 521609890 | 501(C)(3) | $7,500 | $0 | GENERAL DONATION |
| REGION II OF THE NATIONAL MED ASSOCIATION | ||||||||
| 1010 WAYNE ST STE 800 | SILVER SPRING | MD | 20910 | 522017612 | 501(C)(3) | $8,500 | $0 | GENERAL DONATION |
| SALISBURY UNIVERSITY FOUNDATION | ||||||||
| PO BOX 2655 1308 CAMDEN AVE | SALISBURY | MD | 21801 | 521127396 | 501(C)(3) | $10,000 | $0 | EVENT SPONSORSHIP |
| UNIVERISTY OF MD EASTERN SHORE | ||||||||
| 11868 ACADEMIC OVAL | PRINCESS ANNE | MD | 21853 | 522021470 | GOVT | $25,000 | $0 | GENERAL DONATION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS REQUESTS FOR THE USE OF GRANT FUNDS ARE SUBMITTED TO THE FILING ORGANIZATION BY DEPARTMENT DIRECTORS OF TIDALHEALTH, INC. (THI), AFTER RECEIVING THE NECESSARY INTERNAL APPROVAL. THE REQUEST CONTAINS VENDOR INFORMATION AND THE EXPLANATION OF THE PROGRAM OF BENEFIT FOR WHICH THE FUNDS ARE REQUESTED. THE ORGANIZATION APPROVES THE USE OF FUNDS BASED ON THE DESIGNATED PERMITTED USE OF THE ORIGINAL CONTRIBUTION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (1) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (1) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVEN LEONARD | ||||||||||||||
| PRESIDENT/CEO | $924,564 | $0 | $272,213 | $0 | $144,595 | $0 | $282,575 | $0 | $26,574 | $0 | $1,650,521 | $0 | $99,583 | $0 |
| ISMET LUKOLIC MD | ||||||||||||||
| PHYSICIAN | $594,653 | $0 | $540,770 | $0 | $231,361 | $0 | $21,055 | $0 | $26,847 | $0 | $1,414,686 | $0 | $230,143 | $0 |
| ZACHARY BAKER MD | ||||||||||||||
| PHYSICIAN | $1,028,733 | $0 | $90,500 | $0 | $1,218 | $0 | $46,573 | $0 | $23,105 | $0 | $1,190,129 | $0 | $0 | $0 |
| FAWAD KHAN MD | ||||||||||||||
| PHYSICIAN | $1,012,801 | $0 | $90,500 | $0 | $1,218 | $0 | $45,953 | $0 | $30,680 | $0 | $1,181,152 | $0 | $0 | $0 |
| WILLIAM DORAN DO | ||||||||||||||
| PHYSICIAN | $851,658 | $0 | $225,616 | $0 | $21,708 | $0 | $41,296 | $0 | $26,534 | $0 | $1,166,812 | $0 | $0 | $0 |
| JOHN HAMILTON MD | ||||||||||||||
| PHYSICIAN | $998,865 | $0 | $20,500 | $0 | $1,218 | $0 | $43,535 | $0 | $26,217 | $0 | $1,090,335 | $0 | $0 | $0 |
| LURA LUNSFORD | ||||||||||||||
| V.P. OPERATIONS | $716,742 | $0 | $144,331 | $0 | $65,569 | $0 | $80,702 | $0 | $7,650 | $0 | $1,014,994 | $0 | $0 | $0 |
| TRUDY HALL MD | ||||||||||||||
| V.P. CHIEF MEDICAL OFFICER | $561,293 | $0 | $121,478 | $0 | $16,342 | $0 | $40,569 | $0 | $25,391 | $0 | $765,073 | $0 | $0 | $0 |
| STEPHANIE GARY | ||||||||||||||
| CFO | $541,898 | $0 | $113,688 | $0 | $1,218 | $0 | $38,612 | $0 | $22,864 | $0 | $718,280 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS TIDALHEALTH, INC. (THI) PROVIDES TRAVEL FOR COMPANIONS OF BOARD MEMBERS AND REPORTS THE VALUE OF THE COMPENSATION PROVIDED AS TAXABLE TO THE RECIPIENT. THIS POLICY HAS BEEN APPROVED BY THE BOARD. |
| SCHEDULE J PART I, LINE 4B: | SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN THI HAS A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN (UNDER SECTION 457 (F)). THIS PLAN WAS APPROVED BY THE COMPENSATION COMMITTEE OF THE THI BOARD OF DIRECTORS TO SUPPLEMENT THE EXECUTIVE'S RETIREMENT INCOME. THE SUPPLEMENTAL RETIREMENT PLAN WAS DEVELOPED BASED ON AN INDEPENDENT CONSULTANT REPORT ON MARKET-BASED PRACTICES FOR SUPPLEMENTAL RETIREMENT PLANS. THE PERCENTAGE OF FINAL AVERAGE PAY, THE REQUIREMENTS FOR VESTING, PARTICIPANTS, AND PAY-OUT PROVISIONS WERE ESTABLISHED, REVIEWED, AND APPROVED BY THE COMPENSATION COMMITTEE. THE CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN ARE INCLUDED IN SCHEDULE J, PART II, COLUMN C OR IN SCHEDULE J, PART II, COLUMN B(III) AS PART OF DEFERRED COMPENSATION. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THIS SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: STEVEN LEONARD ISMET LUKOLIC, M.D TIDALHEALTH PROVIDED THE FOLLOWING FUNDING AMOUNT DURING 2024: STEVEN LEONARD - $209,040 THE FOLLOWING INDIVIDUALS RECEIVED A DISTRIBUTION DURING 2024 BASED ON THEIR PLAN'S VESTING DATE. STEVEN LEONARD $99,583 ISMET LUKOLIC, M.D. $230,143 |
| PART I, LINE 6A, 6B AND 7: | CONTINGENT COMPENSATION AND NON-FIXED PAYMENTS OFFICERS AND KEY EMPLOYEES OF TIDALHEALTH INC. ARE PAID COMPENSATION DETERMINED BY A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOALS AS WELL AS ORGANIZATION OPERATIONAL ACHIEVEMENTS IN SERVICE, QUALITY, SAFETY, EMPLOYEE SATISFACTION, AND COST. THE FINAL DETERMINATION OF THE CONTINGENT COMPENSATION AMOUNT IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW OF OFFICERS AND KEY EMPLOYEES. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| A | 520936091 | 5742188LO | 2020-05-13 | $101,939,235 | REFUNDING & NEW MONEY, SEE PART VI | 0 | 0 | 0 |
| MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| B | 520936091 | 5742188LO | 2025-05-01 | $115,450,000 | REFUNDING TAXABLE NOTE (2021A) | 0 | 0 | 0 |
| MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY | ||||||||
| C | 520936091 | 5742188LO | 2025-04-04 | $7,365,000 | REFUNDING TAXABLE NOTE (2021B) | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $6,250,000 | $105,423,739 | $35,560,438 | $43,542,760 | $26,470,120 | Yes (1) | 0 | 0 | Yes (1) |
| B | $115,450,000 | $115,450,000 | 0 | Yes (1) | Yes (1) | Yes (1) | |||
| C | $7,365,000 | $7,365,000 | 0 | Yes (1) | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0.00840 | 0.00400 | 0.01240 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | ||
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, LINE A, COLUMN (F): | BOND A, ISSUED ON 05/13/2020 DESCRIPTION OF PURPOSE PROCEEDS WERE PRIMARILY USED TO (I) ADVANCE REFUND 2013 DELAWARE HFA BONDS-NANTICOKE MEMORIAL HOSPITAL PROJECT, (II) REPAY 2016 USDA $7.5M LOAN TO NANTICOKE, AND (III) FUND 2020 PROJECT, INCLUDING CRISFIELD FMF AND RENOVATIONS AND EQUIPMENT ACQUISITION AT SALISBURY AND NANTICOKE LOCATIONS. SCHEDULE K, PART I, LINE A, COLUMN (F): BOND B ISSUED ON 05/01/25 BOND C ISSUED ON 04/04/25 THE OBLIGATED GROUP MEMBERS HAVE DETERMINED TO ISSUE (A) A PROMISSORY NOTE IN FAVOR OF THE PURCHASER (THE "2021A NOTE" AS DEFINED HEREIN) IN ORDER TO REFUND A PORTION OF THE AUTHORITY'S REVENUE BONDS, PENINSULA REGIONAL MEDICAL CENTER ISSUE, SERIES 2015 AND (B) A PROMISSORY NOTE IN FAVOR OF THE PURCHASER (THE "2021B NOTE," AS DEFINED HEREIN, AND TOGETHER WITH THE 2021A NOTE, COLLECTIVELY, THE NOTES") IN ORDER TO REPAY (I) THE JUNE 4 2009 U.S. DEPARTMENT OF AGRICULTURE RURAL HOUSING SERVICES $6,000,000 LOAN AND (II) THE JUNE 4, 2009 BANK OF DELMARVA $4,000,000 LOAN. THE AUTHORITY INTENDS TO AUTHORIZE THE ISSUANCE, SALE AND DELIVERY OF ITS REVENUE BONDS (THE "BONDS," AS DEFINED HEREIN) IN ORDER TO REFINANCE THE NOTES. |
| SCHEDULE K, PART II, LINE 3, BOND A, BOND B, BOND C | TOTAL PROCEEDS OF ISSUE INCLUDES ISSUE PRICE AND INVESTMENT EARNINGS. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| S LEONARD | |||||||
| PRES. | SPLIT DOLLAR LIFE INSURANCE POLICY | Yes (X) | $4,282,981 | $4,604,391 | 0 | Yes (1) | Yes (1) |
| T HALL | |||||||
| EXEC. | SPLIT DOLLAR LIFE INSURANCE POLICY | Yes (X) | $1,326,180 | $1,362,493 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $5,966,884 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROMMEL ELECTRIC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SEE BELOW | RelationshipDescriptionTxt |
| Transaction | $373,732 | TransactionAmt |
| Transaction | SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV: | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION OF TRANSACTIONS WITH INTERESTED PERSONSROMMEL ELECTRIC IS AN ENTITY OWNED MORE THAN 35% BY BOARD MEMBER, DAVIDROMMEL. ROMMEL ELECTRIC PROVIDES SERVICES TO TIDALHEALTH, INC. THESERVICES PROVIDEDS WERE APPROVED BY INDEPENDENT MEMBERS OF THEGOVERNING BODY AND ARE CHARGED AT FAIR MARKET VALUE RATES. AT THE START OF EVERY MEETING BOARD MEMBERS ARE ASKED IF ANY COI EXISTSDRAFT FOR ANY ITEMS ON THE AGENDA. THEY THEN RECUSE THEMSELVES, IF NEEDED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BUSINESS RELATIONSHIPS STEVEN LEONARD, DAVID ROMMEL, MEMO DIRIKER, RYAN MCLAUGHLIN, AND THOMAS COATES ARE MEMBERS OF THE BOARD OF DIRECTORS OF PENINSULA HEALTH VENTURES, A WHOLLY-OWNED TAXABLE SUBSIDIARY OF TIDALHEALTH, INC. STEPHANIE GARY, THI'S CFO, ALSO SERVES AS SECRETARY/TREASURER OF PENINSULA HEALTH VENTURES. |
| FORM 990, PART VI, SECTION A, LINE 8B | CONTEMPORANEOUS DOCUMENTATION OF MEETINGS HELD/WRITTEN ACTIONS UNDERTAKEN THE GOVERNING BODY OF TIDALHEALTH, INC. DOCUMENTS ALL MEETINGS HELD. COMMITTEES OF THE HEALTH SYSTEM ALSO DOCUMENT ALL MEETINGS HELD, BUT DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. COMMITTEE CHAIRS PRESENT RESOLUTIONS TO THE GOVERNING BODY FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW PROCESS OF FORM 990 ONCE THE FORM 990 AND ALL SCHEDULES HAVE BEEN PREPARED BY THE ORGANIZATION'S INDEPENDENT TAX SERVICES PROVIDER, THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE PRESIDENT OF THE HEALTH SYSTEM PRIOR TO FILING. A COPY OF THE FORM 990 WAS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO THE FILING WITH IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY AND ALL INTERESTS WHICH THEY OR ANY MEMBER OF THEIR IMMEDIATE FAMILY, MAY HAVE IN ANY BUSINESS ENTITY WHICH HAS OR SEEKS A CONTRACTUAL OR COMPETITIVE RELATIONSHIP WITH THE CORPORATION OR ANY OF ITS AFFILIATES. THE BOARD HAS THE AUTHORITY TO DETERMINE IF A VIOLATION HAS OCCURRED AND WHETHER ANY INTEREST WHICH SHOULD BE DISCLOSED SHOULD DISQUALIFY A DIRECTOR FROM PARTICIPATING IN ANY SPECIFIC BOARD DISCUSSION OR BOARD MEMBERSHIP. ALL DISCLOSURES ARE REVIEWED BY THE ORGANIZATION'S CHIEF COMPLIANCE OFFICER. ANY CONFLICTS ARE PRESENTED TO THE BOARD. IF A PERSON IS CONFLICTED, THEY WILL RECUSE THEMSELVES FROM ALL DISCUSSIONS AND DELIBERATIONS TO WHICH THEY WOULD APPEAR TO BE CONFLICTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION THE ORGANIZATION USES A COMPENSATION COMMITTEE TO DETERMINE THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. THE COMPENSATION COMMITTEE USES AN INDEPENDENT CONSULTANT, COMPENSATION SURVEYS AND OTHER ORGANIZATIONS' FORMS 990 IN THE DETERMINATION PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS TO PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE PUBLIC INFORMATION OFFICE OF TIDALHEALTH PENINSULA REGIONAL AT 100 EAST CARROLL STREET, SALISBURY, MD 21801. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 20,507,057. MANAGEMENT AND GENERAL EXPENSES 9,272,591. TOTAL EXPENSES 29,779,648. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 7,634,707. MANAGEMENT AND GENERAL EXPENSES 7,619,606. TOTAL EXPENSES 15,254,313. PHYSICIAN SERVICES: MANAGEMENT AND GENERAL EXPENSES 229,514. TOTAL EXPENSES 229,514. |
| FORM 990, PART XI, LINE 9: | CHANGES IN PENSION COST 383,372. INCREASE IN EQUITY IN INVESTMENT IN SUBSIDIARIES 98,633,804. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| PEN REG CLINICALLY INTEGRATED NETWORK | |||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 474418815 | CLINICAL | MD | $1,736,324 | $15,501 | TIDALHEALTH INC |
| TIDALHEALTH SURGERY CENTER LLC | |||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 474184623 | CLINICAL | MD | $4,052,511 | $3,384,302 | TIDALHEALTH INC |
| TIDALHEALTH MEDICAL PARTNERS LLC | |||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 850517067 | CLINICAL | MD | $105,373,501 | $46,830,895 | TIDALHEALTH INC |
| TIDALHEALTH PRIMARY CARE LLC | |||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 850517090 | CLINICAL | MD | $0 | $0 | TIDALHEALTH MEDICAL PARTNERS LLC |
| TIDALHEALTH SPECIALTY CARE LLC | |||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 850529460 | CLINICAL | MD | $0 | $0 | TIDALHEALTH MEDICAL PARTNERS LLC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| TIDALHEALTH PENINSULA REGIONAL (TPR) | ||||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 520591628 | HOSPITAL | MD | 501(C)(3) | LINE 3 | TIDALHEALTH INC | Yes (1) |
| TIDALHEALTH FOUNDATION | ||||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 521851935 | FUNDRAISING | MD | 501(C)(3) | LINE 7 | TIDALHEALTH INC | Yes (1) |
| PENINSULA GENERAL HOSPITAL INS TRUST | ||||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 526321234 | INSURANCE | MD | 501(C)(3) | LINE 12C, III-FI | TIDALHEALTH INC | Yes (1) |
| TIDALHEALTH PHYSICIAN NETWORK INC | ||||||||||
| 801 MIDDLEFORD ROAD | SEAFORD | DE | 19973 | 510224470 | HEALTH SERVICES | DE | 501(C)(3) | LINE 10 | TIDALHEALTH INC | Yes (1) |
| TIDALHEALTH NANTICOKE | ||||||||||
| 801 MIDDLEFORD ROAD | SEAFORD | DE | 19973 | 510069243 | HOSPITAL | DE | 501(C)(3) | LINE 3 | TIDALHEALTH INC | Yes (1) |
| MCCREADY FOUNDATION INC | ||||||||||
| 201 HALL HIGHWAY | CRISFIELD | MD | 21817 | 520607921 | HEALTH SERVICES | MD | 501(C)(3) | LINE 10 | TIDALHEALTH INC | Yes (1) |
| ATLANTIC GENERAL HOSPITAL | ||||||||||
| 9733 HEALTHWAY DRIVE | BERLIN | MD | 21811 | 521656507 | HOSPITAL | MD | 501(C)(3) | LINE 3 | TIDALHEALTH INC | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELMARVA ENDOSC CTR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11103 CATHAGE RD | AddressLine1Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831509115 | EIN |
| Primary Activities | HEALTH CARE | PrimaryActivitiesTxt |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd | Address Line1ForeignAddress/AddressLine1Txt | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PENINSULA HEALTH VENTURES (PHV) | |||||||||||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 522250012 | P'SHIP INVESTMENT | MD | TIDALHEALTH INC | C | $1,041,427 | $46,400,570 | 1.00000 | Yes (1) | |||||
| PRLTC INC | |||||||||||||||||
| 100 EAST CARROLL STREET | SALISBURY | MD | 21801 | 522190588 | LONG TERM CARE | MD | C | Yes (1) | N/A | ||||||||
| DELMARVA PENINSULA INSURANCE COMPANY | |||||||||||||||||
| 981110617 | INSURANCE | C | Yes (1) | N/A | PO BOX 1159 | CJ | KY1-1102 | CJ | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| DELMARVA PENINSULA INSURANCE COMPANY | ||
| R | $13,489,331 | CASH |
| ATLANTIC GENERAL HOSPITAL | ||
| C | $58,855,636 | BOOK VALUE |
| ATLANTIC GENERAL HOSPITAL | ||
| B | $19,230 | CASH |
| TIDALHEALTH PENINSULA REGIONAL | ||
| Q | $43,728,263 | BOOK VALUE |
| TIDALHEALTH NANTICOKE | ||
| Q | $15,116,489 | BOOK VALUE |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE R, PART II: | PENINSULA GENERAL HOSPITAL INSURANCE TRUST WAS DISSOLVED EFFECTIVE FEBRUARY 20, 2025. ON MAY 1, 2025 (THE ATLANTIC GENERAL ACQUISITION DATE), TIDALHEALTH, INC. ACQUIRED AND BECAME THE SOLE CORPORATE MEMBER OF ATLANTIC GENERAL HOSPITAL CORPORATION ("AGH"), A NOT-FOR-PROFIT 43 LICENSED BED HOSPITAL IN BERLIN, MARYLAND, SERVING THE HEALTH CARE NEEDS OF WORCESTER COUNTY. |
| SCHEDULE R, PART IV: | PRLTC DISSOLVED DURING THE FISCAL YEAR JUNE 30, 2025. |