2026-05-15T13:12:58-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2024-07-01 522132761 TIDALHEALTH INC TIDA 4105466400 100 EAST CARROLL STREET SALISBURY MD 21801 BENNY STOVER CFO 4105466400 2026-05-15 1 1 MARY TORRETTA P00847851 7038477500 2024 2025-03-06 01:10:19Z STEVEN LEONARD 100 EAST CARROLL STREET SALISBURY MD 21801 324202464 0 X WWW.TIDALHEALTH.ORG X 1998 MD TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE. 15 13 6216 13 0 0 0 58855636 192422716 172725905 2276813 2595693 12095 90025230 194711624 324202464 0 109737 0 0 158179555 246199444 0 0 0 85122378 87425022 243301933 333734203 -48590309 -9531739 928715887 1056469749 153130360 191398785 775585527 865070964 TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE. 0 0 202842320 109737 172725905 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. 202842320 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 1 1 0 1 438 0 1 6216 1 0 1 CJ 0 0 0 0 0 0 0 0 1 0 X 15 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 X DEAN A SWINGLE DIRECTOR OF FINANCE 3022972444 100 EAST CARROLL STREET SALISBURY MD 21801 STEVEN LEONARD PRESIDENT/CEO 1.00 51.00 X X 1341372 0 309149 MEMO DIRIKER CHAIRPERSON 5.00 3.00 X X 30000 0 0 VEL NATESAN MD BOARD MEMBER/PHYSICIAN 1.00 0.00 X 6591 0 0 RYAN MCLAUGHLIN IMMEDIATE PAST CHAIRPERSON 2.00 2.00 X X 0 0 0 DAVID ROMMEL VICE-CHAIRMAN 2.00 1.00 X X 0 0 0 ANDREA WILLIAMS SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 HEIDI ANDERSON BOARD MEMBER 1.00 0.00 X 0 0 0 TIMOTHY BENNING MD BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS COATES BOARD MEMBER 1.00 1.00 X 0 0 0 HERBERT J GEARY III BOARD MEMBER (THRU 12/24) 1.00 0.00 X 0 0 0 MARK HIGDON BOARD MEMBER 1.00 0.00 X 0 0 0 MARIA LEHMAN BOARD MEMBER 1.00 5.00 X 0 0 0 KAREN POISKER BOARD MEMBER 1.00 1.00 X 0 0 0 MICHELE PROCINO-WELLS BOARD MEMBER 1.00 1.00 X 0 0 0 DIANE TURNER BOARD MEMBER (BEG 01/25) 1.00 0.00 X 0 0 0 JULIUS ZANT MD BOARD MEMBER 1.00 0.00 X 0 0 0 STEPHANIE GARY CFO 1.00 53.00 X 656804 0 61476 TRUDY HALL MD V.P. CHIEF MEDICAL OFFICER 1.00 51.00 X 699113 0 65960 LURA LUNSFORD V.P. OPERATIONS 1.00 51.00 X 926642 0 88352 ISMET LUKOLIC MD PHYSICIAN 40.00 0.00 X 1366784 0 47902 ZACHARY BAKER MD PHYSICIAN 40.00 0.00 X 1120451 0 69678 FAWAD KHAN MD PHYSICIAN 40.00 0.00 X 1104519 0 76633 WILLIAM DORAN DO PHYSICIAN 40.00 0.00 X 1098982 0 67830 JOHN HAMILTON MD PHYSICIAN 40.00 0.00 X 1020583 0 69752 9371841 0 856732 1171 0 1 0 INTERMED GROUP 13301 N W HWY 441 ALACHUA FL 326158512 BIOMEDICAL SERVICES 9945593 FOCUSONE SOLUTIONS LLC PO BOX 850861 MINNEAPOLIS MN 554850861 TEMPORARY LABOR SERVICES 7290123 CROTHALL SERVICES GROUP 13028 COLLECTIONS CENTER DR CHICAGO IL 60693 ENVIRONMENTAL SERVICES 6717542 LOCUMSMART LLC PO BOX 736389 DALLAS TX 75373 TEMPORARY LABOR SERVICES 5156165 APOGEE MEDICAL MANAGEMENT 15059 N SCOTTSDALE RD STE 600 SCOTTSDALE AZ 85254 HOSPITALIST SERVICES 4361708 87 58855636 58855636 PATIENT SERVICES 621500 108964215 108964215 PHYSICIAN SUBSIDIES 621500 62025366 62025366 CARE MANAGEMENT 621500 1736324 1736324 172725905 2595693 2595693 AFFILIATE & OTHER RECOVERIES 900099 90023840 90023840 PURCHASE DISCOUNT 900099 1390 1390 90025230 324202464 172725905 0 92620923 X 109737 109737 4149722 4149722 151610741 142621561 8989180 15026393 15026393 67058915 445738 66613177 8353673 7369365 984308 2731368 2731368 700000 700000 185299 185299 45263475 28141764 17121711 51610 51610 8700441 1299997 7400444 567998 530088 37910 6959528 5750393 1209135 238596 117793 120803 639 639 1586483 1586483 4615312 81588 4533724 DRUGS EXPENSE 10398527 10266476 132051 MEDICAL SUPPLIES 3752776 3698143 54633 BAD DEBT 716975 716975 UBIT AND EXCISE TAX 604425 604425 351570 106219 245351 333734203 202842320 130891883 0 7424693 3700179 30540660 18060210 4503072 5966884 276764 177110 770747 2144426 36252190 18767424 14965202 17484766 757036938 925896383 113197811 83039791 928715887 1056469749 48119017 66444360 94414796 92464150 10596547 32490275 153130360 191398785 X 703289883 783017203 72295644 82053761 775585527 865070964 928715887 1056469749 X -9531739 99017176 X 0 1 X 1 0 X 58855636 58855636 88605548 126665822 178166249 192422716 172725905 758586240 88605548 126665822 178166249 192422716 231581541 817441876 0 0 0 817441876 197694 848950 2291836 2595693 5934173 197694 848950 2291836 2595693 5934173 15659 3036 2990 90025230 90046915 88803242 126681481 179018235 194717542 324202464 913422964 0.89490 0.99430 0.00650 0.00570 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 141299 1 44000 185299 0 PART II-B, LINE 1, OTHER ACTIVITIES 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. 99244284 10361771 14010 375992 109216053 87652533 11952711 19029 341932 99244283 87537245 10561995 54474 10000000 392233 87652533 102246212 -14214441 8774 485752 87537245 79165301 23584799 92960 410928 102246212 0.39550 0.07930 0.52520 0 0 21343109 9835540 11507569 10900786 8911767 1989019 4008295 20117 3988178 17484766 INVESTMENTS-PROGRAM RELATED 925896383 C 925896383 INVESTMENTS IN SUBSIDIARIES 37110006 CONSTRUCTION FUND BALANCE 25485582 RIGHT OF USE - LEASE ASSET 12735341 SPLIT DOLLAR PLAN 1198146 DUE FROM AFFILIATES 2693580 SECTION 457(F) PLAN INVESTMENTS 2509799 PRIVATE ESCROW FUND 1016581 OTHER ASSETS 290756 83039791 SECTION 457(F) PLAN DEFERRED COMPENSATION 14350959 RIGHT OF USE - LEASE LIABILITY 13536618 ACCRUED SELF-INSURANCE LIABILITIES 4602698 32490275 X 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. CENTRAL AMERICA AND THE CARIBBEAN 1 1 INVESTMENTS 100000 1 1 0 0 1 1 100000 0 100000 1 0 1 0 0 0 PART I, LINE 3: 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. 1 ATLANTIC GENERAL HOSPITAL 10320 OLD OCEAN CITY BLVD BERLIN MD 21811 521656507 501(C)(3) 19230 0 EVENT SPONSORSHIP CHESAPEAKE HOUSING MISSION PO BOX 1061 SALISBURY MD 21802 263435626 501(C)(3) 27000 0 GENERAL DONATION DEL TECHNICAL AND COMMUNITY COLLEGE 21179 COLLEGE DR GEORGETOWN DE 19947 516000279 501(C)(3) 10000 0 EVENT SPONSORSHIP RECOVERY RESOURCE CENTER INC 726 S SALISBURY BLVD STE E SALISBURY MD 21802 521609890 501(C)(3) 7500 0 GENERAL DONATION REGION II OF THE NATIONAL MED ASSOCIATION 1010 WAYNE ST STE 800 SILVER SPRING MD 20910 522017612 501(C)(3) 8500 0 GENERAL DONATION SALISBURY UNIVERSITY FOUNDATION PO BOX 2655 1308 CAMDEN AVE SALISBURY MD 21801 521127396 501(C)(3) 10000 0 EVENT SPONSORSHIP UNIVERISTY OF MD EASTERN SHORE 11868 ACADEMIC OVAL PRINCESS ANNE MD 21853 522021470 GOVT 25000 0 GENERAL DONATION 7 0 PART I, LINE 2: 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. X 1 1 X X X X X 0 1 0 0 0 1 1 1 0 STEVEN LEONARD PRESIDENT/CEO 924564 0 272213 0 144595 0 282575 0 26574 0 1650521 0 99583 0 ISMET LUKOLIC MD PHYSICIAN 594653 0 540770 0 231361 0 21055 0 26847 0 1414686 0 230143 0 ZACHARY BAKER MD PHYSICIAN 1028733 0 90500 0 1218 0 46573 0 23105 0 1190129 0 0 0 FAWAD KHAN MD PHYSICIAN 1012801 0 90500 0 1218 0 45953 0 30680 0 1181152 0 0 0 WILLIAM DORAN DO PHYSICIAN 851658 0 225616 0 21708 0 41296 0 26534 0 1166812 0 0 0 JOHN HAMILTON MD PHYSICIAN 998865 0 20500 0 1218 0 43535 0 26217 0 1090335 0 0 0 LURA LUNSFORD V.P. OPERATIONS 716742 0 144331 0 65569 0 80702 0 7650 0 1014994 0 0 0 TRUDY HALL MD V.P. CHIEF MEDICAL OFFICER 561293 0 121478 0 16342 0 40569 0 25391 0 765073 0 0 0 STEPHANIE GARY CFO 541898 0 113688 0 1218 0 38612 0 22864 0 718280 0 0 0 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. A MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 5742188LO 2020-05-13 101939235 REFUNDING & NEW MONEY, SEE PART VI 0 0 0 B MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 5742188LO 2025-05-01 115450000 REFUNDING TAXABLE NOTE (2021A) 0 0 0 C MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 5742188LO 2025-04-04 7365000 REFUNDING TAXABLE NOTE (2021B) 0 0 0 A 6250000 105423739 35560438 43542760 26470120 1 0 0 1 B 115450000 115450000 0 1 1 1 C 7365000 7365000 0 1 1 1 A 0 1 1 1 1 1 0.00840 0.00400 0.01240 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 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. S LEONARD PRES. SPLIT DOLLAR LIFE INSURANCE POLICY X 4282981 4604391 0 1 1 T HALL EXEC. SPLIT DOLLAR LIFE INSURANCE POLICY X 1326180 1362493 0 1 1 5966884 ROMMEL ELECTRIC SEE BELOW 373732 SERVICES 0 SCHEDULE L, PART IV: 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. 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. PEN REG CLINICALLY INTEGRATED NETWORK 100 EAST CARROLL STREET SALISBURY MD 21801 474418815 CLINICAL MD 1736324 15501 TIDALHEALTH INC TIDALHEALTH SURGERY CENTER LLC 100 EAST CARROLL STREET SALISBURY MD 21801 474184623 CLINICAL MD 4052511 3384302 TIDALHEALTH INC TIDALHEALTH MEDICAL PARTNERS LLC 100 EAST CARROLL STREET SALISBURY MD 21801 850517067 CLINICAL MD 105373501 46830895 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 TIDALHEALTH PENINSULA REGIONAL (TPR) 100 EAST CARROLL STREET SALISBURY MD 21801 520591628 HOSPITAL MD 501(C)(3) LINE 3 TIDALHEALTH INC 1 TIDALHEALTH FOUNDATION 100 EAST CARROLL STREET SALISBURY MD 21801 521851935 FUNDRAISING MD 501(C)(3) LINE 7 TIDALHEALTH INC 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 1 TIDALHEALTH PHYSICIAN NETWORK INC 801 MIDDLEFORD ROAD SEAFORD DE 19973 510224470 HEALTH SERVICES DE 501(C)(3) LINE 10 TIDALHEALTH INC 1 TIDALHEALTH NANTICOKE 801 MIDDLEFORD ROAD SEAFORD DE 19973 510069243 HOSPITAL DE 501(C)(3) LINE 3 TIDALHEALTH INC 1 MCCREADY FOUNDATION INC 201 HALL HIGHWAY CRISFIELD MD 21817 520607921 HEALTH SERVICES MD 501(C)(3) LINE 10 TIDALHEALTH INC 1 ATLANTIC GENERAL HOSPITAL 9733 HEALTHWAY DRIVE BERLIN MD 21811 521656507 HOSPITAL MD 501(C)(3) LINE 3 TIDALHEALTH INC 1 DELMARVA ENDOSC CTR 11103 CATHAGE RD BERLIN MD 21801 831509115 HEALTH CARE MD N/A 0 0 PENINSULA HEALTH VENTURES (PHV) 100 EAST CARROLL STREET SALISBURY MD 21801 522250012 P'SHIP INVESTMENT MD TIDALHEALTH INC C 1041427 46400570 1.00000 1 PRLTC INC 100 EAST CARROLL STREET SALISBURY MD 21801 522190588 LONG TERM CARE MD N/A C 1 DELMARVA PENINSULA INSURANCE COMPANY PO BOX 1159 CJ KY1-1102 981110617 INSURANCE CJ N/A C 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 DELMARVA PENINSULA INSURANCE COMPANY R 13489331 CASH ATLANTIC GENERAL HOSPITAL C 58855636 BOOK VALUE ATLANTIC GENERAL HOSPITAL B 19230 CASH TIDALHEALTH PENINSULA REGIONAL Q 43728263 BOOK VALUE TIDALHEALTH NANTICOKE Q 15116489 BOOK VALUE 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.