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Employer Identification Number 23-2201344

TOWER HEALTH is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:TOWER HEALTH
Employer identification number (EIN):23-2201344
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:622000
NAIC Description: Hospitals
401k Pension/Benefits registration TOWER HEALTH 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementAS A HEALTH CARE SYSTEM PARENT COMPANY, TOWER HEALTH IS DEDICATED TO PROVIDING HIGH QUALITY AND ACCESSIBLE HEALTH CARE THAT MEETS THE NEEDS OF THE PEOPLE AND COMMUNITIES IT SERVES.
Number of Employees0
Number of Volunteers12
Year Formed1982

Organization Governance

Legal DomicilePA
Voting Members - Governing Body15
Voting Members - Independent12

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 1,482,711
Net unrelated business incomeUSD $ 1,566,386
Program Service Revenue from prior yearUSD $ 516,339,522
Program Service Revenue from current yearUSD $ 418,465,699
Investment Income from prior yearUSD $ 65,618,383
Investment Income from current yearUSD $ 84,093,302
Other Revenue from prior yearUSD $ 28,046,358
Other Revenue from current yearUSD $ 26,907,925
Gross receipts from all sourcesUSD $ 1,098,783,156
Net assets / fund balances at end of fiscal yearUSD $ 90,041,062
Net assets / fund balances at beginning of fiscal yearUSD $ -50,394,233
Total liabilities at end of fiscal yearUSD $ 1,615,793,910
Total liabilities at beginning of fiscal yearUSD $ 1,665,594,664
Total assets at end of fiscal yearUSD $ 1,705,834,972
Total assets at beginning of fiscal yearUSD $ 1,615,200,431
Revenues less expenses for current yearUSD $ -88,198,901
Revenues less expenses for previous yearUSD $ -129,909,880
Total expenses for current yearUSD $ 619,770,704
Total expenses for previous yearUSD $ 741,567,482
Other expenses in current yearUSD $ 376,302,932
Other expenses in previous yearUSD $ 450,474,857
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 243,467,772
Employee salary and benefits paid in previous yearUSD $ 291,092,625
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 531,571,803
Total revenue in previous fiscal yearUSD $ 611,657,602
Contributions and grants from current yearUSD $ 2,104,877
Contributions and grants from previous yearUSD $ 1,653,339
Total of other revenueUSD $ 23,387,683
2022-06-30
Total unrelated business incomeUSD $ 2,239,223
Net unrelated business incomeUSD $ 596,562
Program Service Revenue from prior yearUSD $ 516,326,355
Program Service Revenue from current yearUSD $ 516,339,522
Investment Income from prior yearUSD $ 12,182,938
Investment Income from current yearUSD $ 65,618,383
Other Revenue from prior yearUSD $ 11,302,384
Other Revenue from current yearUSD $ 28,046,358
Gross receipts from all sourcesUSD $ 1,355,673,782
Net assets / fund balances at end of fiscal yearUSD $ -50,394,233
Net assets / fund balances at beginning of fiscal yearUSD $ -157,954,362
Total liabilities at end of fiscal yearUSD $ 1,665,594,664
Total liabilities at beginning of fiscal yearUSD $ 1,725,484,412
Total assets at end of fiscal yearUSD $ 1,615,200,431
Total assets at beginning of fiscal yearUSD $ 1,567,530,050
Revenues less expenses for current yearUSD $ -129,909,880
Revenues less expenses for previous yearUSD $ -179,510,834
Total expenses for current yearUSD $ 741,567,482
Total expenses for previous yearUSD $ 741,697,972
Other expenses in current yearUSD $ 450,474,857
Other expenses in previous yearUSD $ 449,647,759
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 291,092,625
Employee salary and benefits paid in previous yearUSD $ 292,050,213
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 611,657,602
Total revenue in previous fiscal yearUSD $ 562,187,138
Contributions and grants from current yearUSD $ 1,653,339
Contributions and grants from previous yearUSD $ 22,375,461
Total of other revenueUSD $ 24,221,838
2021-06-30
Total unrelated business incomeUSD $ -1,433,769
Program Service Revenue from prior yearUSD $ 469,793,290
Program Service Revenue from current yearUSD $ 516,326,355
Investment Income from prior yearUSD $ 30,152,137
Investment Income from current yearUSD $ 12,182,938
Other Revenue from prior yearUSD $ 7,638,449
Other Revenue from current yearUSD $ 11,302,384
Gross receipts from all sourcesUSD $ 653,699,747
Net assets / fund balances at end of fiscal yearUSD $ -157,954,362
Net assets / fund balances at beginning of fiscal yearUSD $ 132,517,088
Total liabilities at end of fiscal yearUSD $ 1,725,484,412
Total liabilities at beginning of fiscal yearUSD $ 1,783,691,030
Total assets at end of fiscal yearUSD $ 1,567,530,050
Total assets at beginning of fiscal yearUSD $ 1,916,208,118
Revenues less expenses for current yearUSD $ -179,510,834
Revenues less expenses for previous yearUSD $ -208,717,172
Total expenses for current yearUSD $ 741,697,972
Total expenses for previous yearUSD $ 742,766,413
Other expenses in current yearUSD $ 449,647,759
Other expenses in previous yearUSD $ 429,616,137
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 292,050,213
Employee salary and benefits paid in previous yearUSD $ 313,150,276
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 562,187,138
Total revenue in previous fiscal yearUSD $ 534,049,241
Contributions and grants from current yearUSD $ 22,375,461
Contributions and grants from previous yearUSD $ 26,465,365
Total of other revenueUSD $ 6,392,463
2020-06-30
Total unrelated business incomeUSD $ 1,133,874
Program Service Revenue from prior yearUSD $ 548,175,979
Program Service Revenue from current yearUSD $ 469,793,290
Investment Income from prior yearUSD $ 42,027,531
Investment Income from current yearUSD $ 30,152,137
Other Revenue from prior yearUSD $ 8,807,589
Other Revenue from current yearUSD $ 7,638,449
Gross receipts from all sourcesUSD $ 1,254,273,103
Net assets / fund balances at end of fiscal yearUSD $ 132,517,088
Net assets / fund balances at beginning of fiscal yearUSD $ 505,957,312
Total liabilities at end of fiscal yearUSD $ 1,783,691,030
Total liabilities at beginning of fiscal yearUSD $ 1,279,089,590
Total assets at end of fiscal yearUSD $ 1,916,208,118
Total assets at beginning of fiscal yearUSD $ 1,785,046,902
Revenues less expenses for current yearUSD $ -208,717,172
Revenues less expenses for previous yearUSD $ -96,041,991
Total expenses for current yearUSD $ 742,766,413
Total expenses for previous yearUSD $ 695,383,340
Other expenses in current yearUSD $ 429,616,137
Other expenses in previous yearUSD $ 401,240,253
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 313,150,276
Employee salary and benefits paid in previous yearUSD $ 294,143,087
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 534,049,241
Total revenue in previous fiscal yearUSD $ 599,341,349
Contributions and grants from current yearUSD $ 26,465,365
Contributions and grants from previous yearUSD $ 330,250
Total of other revenueUSD $ 2,961,814
2019-06-30
Total unrelated business incomeUSD $ 252,408
Net unrelated business incomeUSD $ 100,558
Program Service Revenue from prior yearUSD $ 473,933,026
Program Service Revenue from current yearUSD $ 548,175,979
Investment Income from prior yearUSD $ 121,950,997
Investment Income from current yearUSD $ 42,027,531
Other Revenue from prior yearUSD $ 7,530,463
Other Revenue from current yearUSD $ 8,807,589
Gross receipts from all sourcesUSD $ 1,296,605,460
Net assets / fund balances at end of fiscal yearUSD $ 505,957,312
Net assets / fund balances at beginning of fiscal yearUSD $ 782,400,120
Total liabilities at end of fiscal yearUSD $ 1,279,089,590
Total liabilities at beginning of fiscal yearUSD $ 1,241,707,304
Total assets at end of fiscal yearUSD $ 1,785,046,902
Total assets at beginning of fiscal yearUSD $ 2,024,107,424
Revenues less expenses for current yearUSD $ -96,041,991
Revenues less expenses for previous yearUSD $ 127,137,099
Total expenses for current yearUSD $ 695,383,340
Total expenses for previous yearUSD $ 476,337,839
Other expenses in current yearUSD $ 401,240,253
Other expenses in previous yearUSD $ 280,083,878
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 294,143,087
Employee salary and benefits paid in previous yearUSD $ 196,253,961
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 599,341,349
Total revenue in previous fiscal yearUSD $ 603,474,938
Contributions and grants from current yearUSD $ 330,250
Contributions and grants from previous yearUSD $ 60,452
Total of other revenueUSD $ 4,425,307
2018-06-30
Total unrelated business incomeUSD $ 2,092,546
Net unrelated business incomeUSD $ 168,238
Program Service Revenue from prior yearUSD $ 3,557,191
Program Service Revenue from current yearUSD $ 473,933,026
Investment Income from prior yearUSD $ 51,495,791
Investment Income from current yearUSD $ 121,950,997
Other Revenue from current yearUSD $ 7,530,463
Gross receipts from all sourcesUSD $ 2,281,859,356
Net assets / fund balances at end of fiscal yearUSD $ 782,400,120
Net assets / fund balances at beginning of fiscal yearUSD $ 887,809,420
Total liabilities at end of fiscal yearUSD $ 1,241,707,304
Total liabilities at beginning of fiscal yearUSD $ 618,461,425
Total assets at end of fiscal yearUSD $ 2,024,107,424
Total assets at beginning of fiscal yearUSD $ 1,506,270,845
Revenues less expenses for current yearUSD $ 127,137,099
Revenues less expenses for previous yearUSD $ 48,856,435
Total expenses for current yearUSD $ 476,337,839
Total expenses for previous yearUSD $ 6,196,547
Other expenses in current yearUSD $ 280,083,878
Other expenses in previous yearUSD $ 3,683,053
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 196,253,961
Employee salary and benefits paid in previous yearUSD $ 2,513,494
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 603,474,938
Total revenue in previous fiscal yearUSD $ 55,052,982
Contributions and grants from current yearUSD $ 60,452
Total of other revenueUSD $ 4,974,972
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,340,355
Program Service Revenue from current yearUSD $ 3,557,191
Investment Income from prior yearUSD $ 1,537,466
Investment Income from current yearUSD $ 51,495,791
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 461,567,789
Net assets / fund balances at end of fiscal yearUSD $ 887,809,420
Net assets / fund balances at beginning of fiscal yearUSD $ 803,702,057
Total liabilities at end of fiscal yearUSD $ 618,461,425
Total liabilities at beginning of fiscal yearUSD $ 646,458,936
Total assets at end of fiscal yearUSD $ 1,506,270,845
Total assets at beginning of fiscal yearUSD $ 1,450,160,993
Revenues less expenses for current yearUSD $ 48,856,435
Revenues less expenses for previous yearUSD $ -4,426,222
Total expenses for current yearUSD $ 6,196,547
Total expenses for previous yearUSD $ 7,304,043
Other expenses in current yearUSD $ 3,683,053
Other expenses in previous yearUSD $ 4,965,040
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,513,494
Employee salary and benefits paid in previous yearUSD $ 2,339,003
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 55,052,982
Total revenue in previous fiscal yearUSD $ 2,877,821
Contributions and grants from current yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,004,635
Program Service Revenue from current yearUSD $ 3,908,505
Investment Income from prior yearUSD $ 52,089,843
Investment Income from current yearUSD $ 33,843,463
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 803,904,205
Net assets / fund balances at end of fiscal yearUSD $ 839,871,958
Net assets / fund balances at beginning of fiscal yearUSD $ 926,581,499
Total liabilities at end of fiscal yearUSD $ 639,252,089
Total liabilities at beginning of fiscal yearUSD $ 647,268,726
Total assets at end of fiscal yearUSD $ 1,479,124,047
Total assets at beginning of fiscal yearUSD $ 1,573,850,225
Revenues less expenses for current yearUSD $ 29,892,597
Revenues less expenses for previous yearUSD $ 50,871,622
Total expenses for current yearUSD $ 7,859,371
Total expenses for previous yearUSD $ 3,222,856
Other expenses in current yearUSD $ 4,710,384
Other expenses in previous yearUSD $ 2,489,255
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,148,987
Employee salary and benefits paid in previous yearUSD $ 733,601
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 37,751,968
Total revenue in previous fiscal yearUSD $ 54,094,478
Contributions and grants from current yearUSD $ 0

Other Company Names associated with EIN

THE READING HOSPITAL
TOWER HEALTH

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 232201344

USA Mailing Address
PO BOX 16052
READING
PA
196126052
Date first seen: 2011-04-12
Date last seen: 2024-05-14
USA Mailing Address
SIXTH AVE AND SPRUCE ST.
M-BUILDING, 2ND FLOOR
WEST READING
PA
19611
Date first seen: 2008-06-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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