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TOWER HEALTH MEDICAL GROUP: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TOWER HEALTH MEDICAL GROUP (EIN 23-2266054)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202611359349307726
Schema version
2024v5.0
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

FieldValueIRS element (for citing)
Return2026-05-15T14:10:24-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11735 MARKET STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232266054EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOWER HEALTH MEDICAL GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTOWEBusinessNameControlTxt
Phone4846284307PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 16052AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196126052ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL STERNPersonNm
Person TitlePRES/CEO THPersonTitleTxt
Phone4846284307PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP E GROFFPreparerPersonNm
PTINP01247783PTIN
Phone2672567000PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL STERNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 16052AddressLine1Txt
CityREADINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP196126052ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$223,182,300GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TOWERHEALTH.ORG/THMGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTISPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, AND DELIVERING HEALTH CARE.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee1821TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$58,880PYContributionsGrantsAmt
CY Contributions Grants$66,240CYContributionsGrantsAmt
PY Program Service Revenue$211,923,039PYProgramServiceRevenueAmt
CY Program Service Revenue$217,709,408CYProgramServiceRevenueAmt
PY Investment Income-$33,775PYInvestmentIncomeAmt
CY Investment Income$111,144CYInvestmentIncomeAmt
PY Other Revenue$5,626,679PYOtherRevenueAmt
CY Other Revenue$5,295,508CYOtherRevenueAmt
PY Total Revenue$217,574,823PYTotalRevenueAmt
CY Total Revenue$223,182,300CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$287,467,340PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$289,566,629CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$91,983,010PYOtherExpensesAmt
CY Other Expenses$97,219,393CYOtherExpensesAmt
PY Total Expenses$379,450,350PYTotalExpensesAmt
CY Total Expenses$386,786,022CYTotalExpensesAmt
PY Revenues Less Expenses-$161,875,527PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$163,603,722CYRevenuesLessExpensesAmt
Total Assets BOY$42,348,535TotalAssetsBOYAmt
Total Assets EOY$45,465,395TotalAssetsEOYAmt
Total Liabilities BOY$70,669,772TotalLiabilitiesBOYAmt
Total Liabilities EOY$75,093,033TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$28,321,237NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$29,627,638NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, DELIVERING HEALTH CARE THAT IS READILY ACCESSIBLE, COMPASSIONATE, AND OF THE HIGHEST QUALITY AND VALUE, AND ENGAGING IN CLINICAL RESEARCH AND THE EDUCATION OF HEALTH CARE PROFESSIONALS AND OUR COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$61,158,409ExpenseAmt
Revenue$37,105,509RevenueAmt
DescOUR PRIMARY CARE PROGRAM IS COMPRISED OF INTERNAL MEDICINE AND FAMILY PRACTICE PHYSICIANS, PHYSICIAN ASSISTANTS, AND NURSE PRACTITIONERS THROUGHOUT 33 LOCATIONS IN BERKS, CHESTER, MONTGOMERY AND PHILADELPHIA COUNTIES. DURING FISCAL YEAR 2025, TOWER HEALTH MEDICAL GROUP'S PRIMARY CARE PROGRAM PROVIDED CARE THROUGH 251,802 PATIENT VISITS TO PATIENTS OF ALL AGES WITH A FOCUS ON WELLNESS AND DISEASE MANAGEMENT. ALL LOCATIONS ACCEPT BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$53,516,926ExpenseAmt
Revenue$25,389,918RevenueAmt
DescOUR ACUTE HOSPITALIST PROGRAM IS COMPRISED LARGELY OF INTERNAL MEDICINE PHYSICIANS ALONG WITH PHYSICIAN ASSISTANTS AND NURSE PRACTITIONERS AT MULTIPLE TOWER HEALTH HOSPITAL LOCATIONS. DURING FISCAL YEAR 2025, TOWER HEALTH MEDICAL GROUP'S ACUTE HOSPITALIST PROGRAM PROVIDED EFFICIENT, HIGH- QUALITY, EVIDENCED-BASED CARE THROUGH 266,363 VISITS TO OUR SYSTEM'S HOSPITALIZED PATIENTS. THIS PROGRAM ACCEPTS BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$32,031,118ExpenseAmt
Revenue$13,014,428RevenueAmt
DescANESTHESIOLOGISTS AND CERTIFIED REGISTERED NURSE ANESTHETISTS PROVIDED MEDICAL MANAGEMENT AND ANESTHETIC CARE THROUGH 50,584 INPATIENT AND OUTPATIENT SURGICAL, PROCEDURAL AND LABOR AND DELIVERY CASES AT READING HOSPITAL AND THREE LOCAL AMBULATORY SURGERY CENTERS IN FISCAL YEAR 2025. THIS PROGRAM ACCEPTS BOTH MEDICARE AND MEDICAID PATIENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$214,910,599ExpenseAmt
Revenue$147,440,060RevenueAmt
DescEXPENSES INCURRED IN PROVIDING VARIOUS OTHER HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. OTHER PHYSICIAN SERVICES INCLUDE: REVENUE EXPENSE AMBULATORY SPECIALTIES 15,708,532 23,550,491 BEHAVIORAL HEALTH SCIENCES 3,753,940 6,897,957 CARDIOLOGY 18,212,711 25,371,178 EMERGENCY 22,874,900 33,573,909 NEUROSCIENCES 9,670,311 17,951,187 WOMEN'S HEALTHCARE 21,187,735 34,566,813 ONCOLOGY 684,273 1,478,119 ORTHOPEDICS 3,283,335 5,095,779 PATHOLOGY 3,875,761 5,202,518 PEDIATRICS 8,391,616 12,669,009 RADIOLOGY 17,152,117 22,580,774 SUPPORT SERVICES 6,177,379 17,250,197 SURGICAL SPECIALISTS 13,561,640 26,708,470 TRAUMA 3,026,747 7,112,874 OTHER 45,208 4,056Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$214,910,599TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$147,440,060TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$361,617,052TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1821EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRIAN RAYME CFO TOWER HEALTHPersonNm
Phone4846288000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 SOUTH 5TH AVENUEAddressLine1Txt
CityWEST READINGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL STERN
PRES/CEO 2/22.0052.00Yes (X)Yes (X)$0$1,273,341$292,366
P SUE PERROTTY
PRES/CEO T 22.0052.00Yes (X)Yes (X)$0$1,246,887$0
SUZANNE WENDEROTH
FORMER EVP P50.00$0$1,027,732$212,361Yes (X)
BERNARD BOULANGER MD
EVP/CEO PROV25.0025.00$0$942,238$211,367Yes (X)
MIKE EESLEY
TREASURER2.0050.00Yes (X)$0$958,182$180,695
BRANDON ROOT MD
PHYSICIAN50.00$1,006,559$0$44,399Yes (X)
UDAY DASIKA MD
PHYSICIAN50.00$980,570$0$43,188Yes (X)
SHAHIN MANOOCHEHRI MD
PHYSICIAN50.00$987,393$0$19,125Yes (X)
HERMAN C LAWSON MD
PHYSICIAN50.00$944,434$0$44,739Yes (X)
EARL J HOPE MD
PHYSICIAN50.00$953,397$0$35,424Yes (X)
ROBERT EHINGER
FORMER TREAS0.0050.00$0$652,533$96,059Yes (X)
KRISTIN KEARNEY
SVP CFO26.0026.00Yes (X)$534,556$0$81,668
SUSAN HEFFNER
SVP COO 11/250.00$316,995$0$20,323Yes (X)
TRACY DRUCKENMILLER
SECRETARY T2.0038.00Yes (X)$0$116,971$27,983
THERESA QUITINSKY
SECRETARY 6/2.0038.00Yes (X)$0$79,664$15,957
THEODORE AUMAN
BOARD MEMBER2.002.00Yes (X)$0$0$0
JIM BOSCOV
VICE CHAIR2.002.00Yes (X)Yes (X)$0$0$0
MARY KARGBO
BOARD MEMBER2.002.00Yes (X)$0$0$0
BRENT WAGNER MD
BOARD MEMBER2.002.00Yes (X)$0$0$0
ROBERT BRIGHAM MD
BOARD MEMBER2.002.00Yes (X)$0$0$0
PETE MOLINARO
BOARD MEMBER2.002.00Yes (X)$0$0$0
MEG MUELLER
CHAIR2.002.00Yes (X)Yes (X)$0$0$0
WILLIAM P THORNTON
BOARD MEMBER2.002.00Yes (X)$0$0$0
DOUG TIEMAN
BOARD MEMBER2.004.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,723,904TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$6,297,548TotReportableCompRltdOrgAmt
Total Other Compensation$1,325,654TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K806IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNIVERSITY OF PENN MEDICAL GROUP
51 N 39TH STREET ROOM 120PHILADELPHIAPA19104MED STAFF SERV$2,217,211
PRACTICE ADMINS LLC
1203 MEMORIAL BLVD STE EMURFREESBOROTN37129MED STAFF SERV$894,221
JAYESH PATEL DO
207 AMELIA STREETMONT CLAIREPA19453MED STAFF SERV$483,006
BARRY C ESRIG MD PA
2580 S OCEAN BLVDPALM BEACHFL33480MED STAFF SERV$220,245
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Related Organizations$66,240RelatedOrganizationsAmt
Total Contributions$66,240TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
NET PATIENT REVENUE621300$217,380,921$217,380,921
CAPITATION REVENUE621300$328,487$328,487
FieldValueIRS element (for citing)
Total Program Service Revenue$217,709,408TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$111,144TotalRevenueColumnAmt
Exclusion$111,144ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$55,001RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$55,001RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,001TotalRevenueColumnAmt
Exclusion$55,001ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE INCENTIVES900099$3,874,369$3,874,369
OTHER INCOME900099$884,939$884,939
HEALTH INS SHARED SAVINGS900099$481,199$481,199
FieldValueIRS element (for citing)
Other Revenue Total$5,240,507OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$223,182,300TotalRevenueColumnAmt
Related Or Exempt Func Income$222,949,915RelatedOrExemptFuncIncomeAmt
Exclusion$166,145ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,043,699TotalAmt
Management And General$1,043,699ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$247,544,972TotalAmt
Program Services$239,480,398ProgramServicesAmt
Management And General$8,064,574ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,968,541TotalAmt
Program Services$6,737,224ProgramServicesAmt
Management And General$231,317ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$20,210,775TotalAmt
Program Services$18,812,924ProgramServicesAmt
Management And General$1,397,851ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,798,642TotalAmt
Program Services$13,254,111ProgramServicesAmt
Management And General$544,531ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$36,137,946TotalAmt
Program Services$35,436,483ProgramServicesAmt
Management And General$701,463ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$331,322TotalAmt
Program Services$331,322ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$9,488,055TotalAmt
Program Services$9,111,569ProgramServicesAmt
Management And General$376,486ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$69,785TotalAmt
Program Services$57,043ProgramServicesAmt
Management And General$12,742ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$62,783TotalAmt
Program Services$62,783ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,852,414TotalAmt
Program Services$1,798,531ProgramServicesAmt
Management And General$53,883ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,503,816TotalAmt
Program Services$11,503,816ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
CORPORATE EXP ALLOCATION$11,704,451$11,704,451
PHYSICIAN FEES$9,220,040$9,220,040
OTHER EXPENSES$7,718,149$1,034,679$6,683,470
DRUGS & PHARMACEUTICALS$5,961,055$5,961,055

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,169,577TotalAmt
Program Services$3,166,283ProgramServicesAmt
Management And General$3,294ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$386,786,022TotalAmt
Program Services$361,617,052ProgramServicesAmt
Management And General$25,168,970ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,860BOYAmt
EOY$9,775EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,274,331BOYAmt
EOY$11,483,464EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$824,701BOYAmt
EOY$1,012,223EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$38,038,518LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,486,072LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$13,507,430BOYAmt
EOY$11,552,446EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,732,213BOYAmt
EOY$21,407,487EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$42,348,535BOYAmt
EOY$45,465,395EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$44,753,334BOYAmt
EOY$47,838,624EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,916,438BOYAmt
EOY$27,254,409EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$70,669,772BOYAmt
EOY$75,093,033EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$28,321,237BOYAmt
EOY-$29,627,638EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$28,321,237BOYAmt
EOY-$29,627,638EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,348,535BOYAmt
EOY$45,465,395EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$163,603,722ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$162,297,321OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
HospitalYes (X)HospitalInd
Majority Dir Trst Supported OrgYes (true)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$400,000OtherCostOrOtherBasisAmt
Book Value$400,000BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,313,481OtherCostOrOtherBasisAmt
Depreciation$9,557,426DepreciationAmt
Book Value$2,756,055BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,884,009OtherCostOrOtherBasisAmt
Depreciation$12,334,435DepreciationAmt
Book Value$2,549,574BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,441,028OtherCostOrOtherBasisAmt
Depreciation$4,594,211DepreciationAmt
Book Value$5,846,817BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,552,446TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OPERATING LEASE RIGHT-OF-USE ASSETS$21,311,082
SECURITY DEPOSITS$96,405
FieldValueIRS element (for citing)
Total Book Value Other Assets$21,407,487TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
OPERATING LEASE OBLIGATION$19,273,922
OTHER CURRENT LIABILITIES$3,197,410
OPERATING LEASE CURRENT$2,812,335
FINANCE LEASE OBLIGATION$932,847
OTHER LONG TERM LIABILITIES$590,174
FINANCE LEASE CURRENT$390,324
OTHER 457 PLAN$57,397
FieldValueIRS element (for citing)
Total Liability$27,254,409TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS INCLUDED IN TOWER HEALTH AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS. THE FOLLOWING TEXT IS FROM THE ASC 740 (FIN 48) FOOTNOTE. THE SYSTEM IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ON SUCH A BASIS, THE EXEMPT ENTITIES DO NOT INCUR LIABILITY FOR FEDERAL INCOME TAXES, EXCEPT IN THE CASE OF UNRELATED BUSINESS INCOME. THE SYSTEM EVALUATES UNCERTAIN TAX POSITIONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN TAX POSITIONS. NO ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS EVALUATION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt
MICHAEL STERN
PRES/CEO 2/2025$926,352$346,299$690$258,325$34,041$1,565,707
P SUE PERROTTY
PRES/CEO T 2/2025$1,246,887$1,246,887
SUZANNE WENDEROTH
FORMER EVP PROV ENTR$655,589$234,570$137,573$178,334$34,027$1,240,093$136,283
BERNARD BOULANGER MD
EVP/CEO PROV ENTR$694,156$246,102$1,980$187,076$24,291$1,153,605
MIKE EESLEY
TREASURER$796,162$158,210$3,810$179,654$1,041$1,138,877
BRANDON ROOT MD
PHYSICIAN$663,101$7,500$335,958$12,075$32,324$1,050,958
UDAY DASIKA MD
PHYSICIAN$781,613$191,267$7,690$9,729$33,459$1,023,758
SHAHIN MANOOCHEHRI MD
PHYSICIAN$671,107$19,500$296,786$7,663$11,462$1,006,518
HERMAN C LAWSON MD
PHYSICIAN$763,411$28,333$152,690$12,075$32,664$989,173
EARL J HOPE MD
PHYSICIAN$662,193$139,736$151,468$12,075$23,349$988,821
ROBERT EHINGER
FORMER TREAS$448,006$139,164$65,363$83,325$12,734$748,592$61,543
KRISTIN KEARNEY
SVP CFO$369,244$115,140$50,172$69,625$12,043$616,224$48,882
SUSAN HEFFNER
SVP COO 11/2024$269,771$46,628$596$19,282$1,041$337,318

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PAGE 1, PART I, LINE 4SUZANNE WENDEROTH 0 136,283 0 ROBERT EHINGER 0 61,543 0 KRISTIN KEARNEY 0 48,882 0
SCHEDULE J, PART IIISCHEDULE J, PART I, LINE 3 TOP MANAGEMENT COMPENSATION: AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION WHICH USES ONE OR MORE OF THE METHODS DESCRIBED IN LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. COMPENSATION PROCESS: THIS ORGANIZATION DOES NOT PAY THE COMPENSATION REPORTED FROM RELATED ENTITIES. THE COMPENSATION OF EXECUTIVES IS DETERMINED BY TOWER HEALTH'S BOARD OF DIRECTORS, WHICH HAS DULY APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE TOWER HEALTH MEDICAL GROUP'S EXECUTIVE MANAGEMENT. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND AN EXECUTIVE COMPENSATION COMMITTEE CHARTER GOVERNING THE WORK AND REVIEW PROCESS OF THE COMMITTEE. THE COMMITTEE FOLLOWS THE PROCEDURES DESCRIBED IN THE PHILOSOPHY STATEMENT AND THE CHARTER WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE COMMITTEE'S REVIEW ANALYZES EVERY ELEMENT OF COMPENSATION, INCLUDING CURRENT AND DEFERRED COMPENSATION, AND BENEFITS, INCLUDING QUALIFIED AND NON-QUALIFIED BENEFITS. THE COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS AT LEAST ANNUALLY, AND APPROVES COMPENSATION AND BENEFITS ONLY TO THE EXTENT THAT THE COMMITTEE HAS CONCLUDED THAT THE COMPENSATION AND BENEFITS CONSTITUTE NO MORE THAN REASONABLE COMPENSATION FOR EACH EXECUTIVE. THE COMMITTEE CONSISTS ENTIRELY OF DISINTERESTED MEMBERS OF THE BOARD, AND THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE AND REVIEW IN ADVANCE COMPREHENSIVE DATA SHOWING THE COMPENSATION PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY SIMILAR POSITIONS. THE COMMITTEE ALSO PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. AS A RESULT, THE COMMITTEE'S REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES. SCHEDULE J, PART I, LINE 4B TERMS AND CONDITIONS OF PARTICIPATION IN THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE 457(F) PLAN IS A TAX-DEFERRED RETIREMENT PLAN CONSISTING OF EMPLOYER CONTRIBUTIONS THAT ARE DESIGNED TO HELP SUPPLEMENT THE RETIREMENT SAVINGS FOR KEY EMPLOYEES. THE EMPLOYEE IS IMMEDIATELY ELIGIBLE TO RECEIVE TOWER HEALTH CONTRIBUTIONS TO THE 457(F) DEFERRED COMPENSATION PLAN. THE EMPLOYEE MUST BE EMPLOYED ON DECEMBER 31ST TO RECEIVE THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR. THE EMPLOYEE SHALL BECOME 100% VESTED IN THE EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR THREE YEARS AFTER THE CONTRIBUTION HAS BEEN MADE TO THE ACCOUNT. THE EMPLOYEE WILL ALSO BECOME 100% VESTED IN ALL OF THE EMPLOYER CONTRIBUTIONS: 1) UPON ATTAINING THE AGE 65 WHILE STILL EMPLOYED BY TOWER HEALTH 2) DUE TO DEATH OR DISABILITY 3) UPON TERMINATION OF EMPLOYMENT WITHOUT CAUSE PARTICIPATION IN PLAN: THE FOLLOWING PEOPLE PARTICIPATED IN THE 457(F) DEFERRED COMPENSATION PLAN DURING CALENDAR YEAR 2024 BUT DID NOT RECEIVE A DISTRIBUTION. MICHAEL STERN MIKE EESLEY BERNARD BOULANGER SUSAN HEFFNER

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, DELIVERING HEALTH CARE THAT IS READILY ACCESSIBLE, COMPASSIONATE, AND OF THE HIGHEST QUALITY AND VALUE, AND ENGAGING IN CLINICAL RESEARCH AND THE EDUCATION OF HEALTH CARE PROFESSIONALS AND OUR COMMUNITIES.
FORM 990, PAGE 1, PART I, LINE 6BOARD MEMBERS WITHOUT COMPENSATION ARE VOLUNTEERS.
FORM 990, PAGE 2, PART III, LINE 4DEXPENSES INCURRED IN PROVIDING VARIOUS OTHER HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. OTHER PHYSICIAN SERVICES INCLUDE: REVENUE EXPENSE AMBULATORY SPECIALTIES 15,708,532 23,550,491 BEHAVIORAL HEALTH SCIENCES 3,753,940 6,897,957 CARDIOLOGY 18,212,711 25,371,178 EMERGENCY 22,874,900 33,573,909 NEUROSCIENCES 9,670,311 17,951,187 WOMEN'S HEALTHCARE 21,187,735 34,566,813 ONCOLOGY 684,273 1,478,119 ORTHOPEDICS 3,283,335 5,095,779 PATHOLOGY 3,875,761 5,202,518 PEDIATRICS 8,391,616 12,669,009 RADIOLOGY 17,152,117 22,580,774 SUPPORT SERVICES 6,177,379 17,250,197 SURGICAL SPECIALISTS 13,561,640 26,708,470 TRAUMA 3,026,747 7,112,874 OTHER 45,208 4,056
FORM 990, PART VTHE ORGANIZATION DOES NOT FILE FORM W-2, 1099-MISC OR FORM 1096. THE ORGANIZATION AND ITS RELATED ORGANIZATION, READING HOSPITAL (EIN 23- 1352204), SHARE ADMINISTRATIVE RESPONSIBILITIES. AS SUCH, READING HOSPITAL ADMINISTERS PAYMENTS TO INDEPENDENT CONSULTANTS AND FURNISHES FORM 1099- MISC, AS REQUIRED, AND IS RESPONSIBLE FOR FILING TOWER HEALTH MEDICAL GROUP'S (EIN 23-2266054) FORM 1096 AND W-2 FILINGS.
FORM 990, PAGE 6, PART VI, LINE 6THE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION.
FORM 990, PAGE 6, PART VI, LINE 7ATHE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION. THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY THE BOARD OF DIRECTORS OF TOWER HEALTH UNDER THE PURSUANT TO THE PROVISIONS OF THE BYLAWS OF TOWER HEALTH.
FORM 990, PAGE 6, PART VI, LINE 7BTHE SOLE MEMBER OF TOWER HEALTH MEDICAL GROUP IS TOWER HEALTH, A PENNSYLVANIA NONPROFIT 501(C)(3) CORPORATION. THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY THE BOARD OF DIRECTORS OF TOWER HEALTH UNDER THE PURSUANT TO THE PROVISIONS OF THE BYLAWS OF TOWER HEALTH.
FORM 990, PAGE 6, PART VI, LINE 8BPER THE BYLAWS, NO COMMITTEE OF THE BOARD SHALL EXERCISE ANY OF THE POWERS OR AUTHORITY VESTED BY THE BYLAWS. THE COMMITTEE OF THE BOARD MAY MAKE RECOMMENDATIONS TO THE BOARD CONCERNING THE BOARD'S EXERCISE OF SUCH POWERS AND AUTHORITY.
FORM 990, PAGE 6, PART VI, LINE 11BTOWER HEALTH MEDICAL GROUP'S RETURN IS PREPARED BY HOSPITAL STAFF AND REVIEWED BY ITS EXTERNAL TAX ADVISORS. THE TOWER HEALTH MEDICAL GROUP RETURN IS THEN POSTED TO THE BOARD PORTAL FOR REVIEW BY THE TOWER HEALTH MEDICAL GROUP BOARD AND THE TOWER HEALTH BOARD, WHICH IS THE PARENT CORPORATION, PRIOR TO FILING THE RETURN WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12CIT SHALL BE THE POLICY OF THE HOSPITAL AND CORRESPONDINGLY TOWER HEALTH MEDICAL GROUP 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 (35% OR GREATER SHARE) WITH WHICH THE COMPANY MIGHT REASONABLY ENTER INTO A RELATIONSHIP OR A TRANSACTION IN WHICH THE BOARD MEMBER WOULD HAVE CONFLICTING INTERESTS. EACH YEAR A COPY OF THE WRITTEN STATEMENT WILL BE SENT TO THE BOARD MEMBER FOR UPDATING AND RESUBMISSION AND BY WHICH THE BOARD MEMBER SHALL CONFIRM HIS AWARENESS OF THIS POLICY. PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST: A. AFTER THE BOARD OR COMMITTEE HAS DETERMINED THAT A MEMBER IS INDEED CONFLICTED, THE CONFLICTED PERSON MAY BE COUNTED IN DETERMINING WHETHER THERE IS A QUORUM TO ACT, BUT MAY NOT VOTE UPON THE MATTER. THE CONFLICTED MEMBER, OR A CONFLICTED OFFICER WHO IS NOT A MEMBER, MAY NEVERTHELESS MAKE A PRESENTATION TO THE BOARD OR COMMITTEE ON THE MATTER BUT, AFTER THE PRESENTATION, THE CONFLICTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF AND VOTE ON THE MATTER. B. THE BOARD OR COMMITTEE CHAIR MAY APPOINT ONE OR MORE DISINTERESTED PERSONS TO INVESTIGATE POSSIBLE RESOLUTIONS OF THE MATTER THAT ARE DEVOID OF THE CONFLICT OF INTEREST. C. THE BOARD OR COMMITTEE SHALL EXERCISE DUE DILIGENCE TO DETERMINE WHETHER THMG CAN ADDRESS THE MATTER MORE ADVANTAGEOUSLY BY MEANS THAT AVOID THE CONFLICT OF INTEREST. D. IF THE MATTER CANNOT BE ADDRESSED MORE ADVANTAGEOUSLY BY MEANS THAT AVOID THE CONFLICT OF INTEREST, OR IF OTHER APPROACHES TO RESOLUTION ARE IMPRACTICAL UNDER THE CIRCUMSTANCES, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE PROPOSED TRANSACTION OR CONTRACT IS IN THMG'S BEST INTERESTS, WHETHER IT IS FAIR AND REASONABLE, AND WHETHER TO ENTER INTO IT. E. IF THE BOARD DETERMINES THAT THERE HAS BEEN A VIOLATION OF THIS POLICY, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, WHICH MAY INCLUDE REMOVAL (IF THE INTERESTED PERSON IS A BOARD OR COMMITTEE MEMBER) OR TERMINATION (IF THE INTERESTED PERSON IS AN EMPLOYEE). INTENTIONALLY OR REPEATEDLY FAILING TO ADHERE TO THIS POLICY IS GROUNDS FOR REMOVAL FROM THE BOARD AND ITS COMMITTEES.
FORM 990, PAGE 6, PART VI, LINE 15ATHE COMPENSATION OF EXECUTIVES AS WELL AS OFFICERS AND KEY EMPLOYEES IS DETERMINED BY TOWER HEALTH'S BOARD OF DIRECTORS, WHICH HAS DULY APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), WHICH IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE TOWER HEALTH MEDICAL GROUP'S EXECUTIVE MANAGEMENT. THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND AN EXECUTIVE COMPENSATION COMMITTEE CHARTER GOVERNING THE WORK AND REVIEW PROCESS OF THE COMMITTEE. THE COMMITTEE FOLLOWS THE PROCEDURES DESCRIBED IN THE PHILOSOPHY STATEMENT AND THE CHARTER WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE COMMITTEE'S REVIEW ANALYZES EVERY ELEMENT OF COMPENSATION, INCLUDING CURRENT AND DEFERRED COMPENSATION, AND BENEFITS, INCLUDING QUALIFIED AND NON-QUALIFIED BENEFITS. THE COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS AT LEAST ANNUALLY, AND APPROVES COMPENSATION AND BENEFITS ONLY TO THE EXTENT THAT THE COMMITTEE HAS CONCLUDED THAT THE COMPENSATION AND BENEFITS CONSTITUTE NO MORE THAN REASONABLE COMPENSATION FOR EACH EXECUTIVE. THE COMMITTEE CONSISTS ENTIRELY OF DISINTERESTED MEMBERS OF THE BOARD, AND THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE AND REVIEW IN ADVANCE COMPREHENSIVE DATA SHOWING THE COMPENSATION PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY SIMILAR POSITIONS. THE COMMITTEE ALSO PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. AS A RESULT, THE COMMITTEE'S REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES.
FORM 990, PAGE 6, PART VI, LINE 15BSAME RESPONSE AS QUESTION 15A WHICH INCLUDES KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9INTERCOMPANY ELIMINATIONS 162,297,321

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TOWER HEALTH MEDICAL GROUP HOLDING
420 SOUTH 5TH AVENUEWEST READINGPA19611822221547HEALTHCAREPA$38,600,902$5,859,867THMG
COATESVILLE CLINIC COMPANY LLC
201 REECEVILLE ROADCOATESVILLEPA19320204634462HEALTHCAREPA$3,514-$12,515THMG HOLD
COATESVILLE CARDIOLOGY CLINIC LLC
201 REECEVILLE ROADCOATESVILLEPA19320272764483HEALTHCAREPA$3,368-$2,691THMG HOLD
VILLAGE MEDICAL CENTER ASSOC LLC
201 REECEVILLE ROADCOATESVILLEPA19320261913734HEALTHCAREPATHMG HOLD
CHESTNUT HILL CLINIC COMPANY LLC
8835 GERMANTOWN AVEPHILADELPHIAPA19118205689327HEALTHCAREPA$26,753-$92,529THMG HOLD
WEST GROVE CLINIC COMPANY LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390205689381HEALTHCAREPA$3,327-$10,274THMG HOLD
WEST GROVE FAMILY PRACTICE LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390263678542HEALTHCAREPA$3,788-$1,289THMG HOLD
JENNERSVILLE FAMILY MEDICINE LLC
1015 W BALTIMORE PIKEWEST GROVEPA19390263678578HEALTHCAREPA$2,298-$978THMG HOLD
PHOENIXVILLE CLINIC COMPANY LLC
140 NUTT ROADPHOENIXVILLEPA19460204398490HEALTHCAREPA$17,382,660$2,719,382THMG HOLD
PHOENIXVILLE SPECIALTY CLINIC LLC
140 NUTT ROADPHOENIXVILLEPA19460205689638HEALTHCAREPA-$288THMG HOLD
PHOENIXVILLE ORTHO SPECIALISTS LLC
140 NUTT ROADPHOENIXVILLEPA19460900870615HEALTHCAREPA$3,285,270$1,496,939THMG HOLD
SCHUYLKILL INTERNAL MED ASSOC LLC
140 NUTT ROADPHOENIXVILLEPA19460260598987HEALTHCAREPA$962-$1,845THMG HOLD
POTTSTOWN CLINIC COMPANY LLC
1600 EAST HIGH STREETPOTTSTOWNPA19464061694715HEALTHCAREPA$16,554,713$1,683,215THMG HOLD
COVENTRY CLINIC LLC
1600 EAST HIGH STREETPOTTSTOWNPA19464205689515HEALTHCAREPATHMG HOLD
TOWER-DREXEL ACADEMIC MED GRP LLC
219 NORTH BROAD STREET 1ST FLOORPHILADELPHIAPA19107205689638HEALTHCAREPA$1,334,249$82,738THMG HOLD

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
TOWER HEALTH
420 SOUTH 5TH AVENUEWEST READINGPA19611232201344HEALTHCAREPA501C312CNAfalse
READING HOSPITAL
420 SOUTH 5TH AVENUEWEST READINGPA19611231352204HEALTHCAREPA501C33TOWER HLTHYes (true)
THE RDG HOSPITAL & MED CENTER SELF-
420 SOUTH 5TH AVENUEWEST READINGPA19611232087514TRUST FUNDPA501C312BRDG HOSPYes (true)
READING HOSPITAL FOUNDATION
420 SOUTH 5TH AVENUEWEST READINGPA19611473054125SUPPORTPA501C312BRDG HOSPYes (true)
TOWER HEALTH AT HOME
420 SOUTH 5TH AVENUEWEST READINGPA19611231466250HEALTHCAREPA501C33TOWER HLTHYes (true)
THAH - ADVANTAGE HOME CARE
420 SOUTH 5TH AVENUEWEST READINGPA19611232469319HEALTHCAREPA501C33THAHYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1READING - UPMC JOINT VENTURE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 GRANT STREETAddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
EIN814566751EIN
Primary ActivitiesHEALTHCAREPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerfalseGeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
TOWER HEALTH PPO
PO BOX 14744READINGPA19612232430798PPOPANAC CORPfalse
MEDICUS RESOURCE MANAGEMENT
PO BOX 14744READINGPA19612232565297CM REVIEWPANAC CORPfalse
TOWER HEALTH RECIPROCAL RISK
151 MEETING STREET SUITE 301CHARLESTONSC29401822758845INSURANCESCC CORPfalseN/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd