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Employer Identification Number 23-2266054

READING PROFESSIONAL SERVICES is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:READING PROFESSIONAL SERVICES
Employer identification number (EIN):23-2266054
EIN Issuing AuthorityBrookhaven, NY
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 StatementTOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH THE READING HEALTH SYSTEM 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.
Number of Employees1545
Number of Volunteers1
Year Formed1983

Organization Governance

Legal DomicilePA
Voting Members - Governing Body12
Voting Members - Independent1

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 225,568,340
Program Service Revenue from current yearUSD $ 211,402,026
Investment Income from prior yearUSD $ 297,601
Investment Income from current yearUSD $ 768,613
Other Revenue from prior yearUSD $ 6,907,127
Other Revenue from current yearUSD $ 5,614,365
Gross receipts from all sourcesUSD $ 225,322,702
Net assets / fund balances at end of fiscal yearUSD $ -25,859,216
Net assets / fund balances at beginning of fiscal yearUSD $ -33,138,452
Total liabilities at end of fiscal yearUSD $ 78,937,441
Total liabilities at beginning of fiscal yearUSD $ 109,722,612
Total assets at end of fiscal yearUSD $ 53,078,225
Total assets at beginning of fiscal yearUSD $ 76,584,160
Revenues less expenses for current yearUSD $ -180,082,059
Revenues less expenses for previous yearUSD $ -192,586,464
Total expenses for current yearUSD $ 405,404,761
Total expenses for previous yearUSD $ 425,597,979
Other expenses in current yearUSD $ 112,627,013
Other expenses in previous yearUSD $ 103,180,012
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 292,777,748
Employee salary and benefits paid in previous yearUSD $ 322,417,967
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 $ 225,322,702
Total revenue in previous fiscal yearUSD $ 233,011,515
Contributions and grants from current yearUSD $ 7,537,698
Contributions and grants from previous yearUSD $ 238,447
Total of other revenueUSD $ 5,533,848
2022-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 240,962,239
Program Service Revenue from current yearUSD $ 225,568,340
Investment Income from prior yearUSD $ 40,086
Investment Income from current yearUSD $ 297,601
Other Revenue from prior yearUSD $ 4,045,619
Other Revenue from current yearUSD $ 6,907,127
Gross receipts from all sourcesUSD $ 233,234,117
Net assets / fund balances at end of fiscal yearUSD $ -33,138,452
Net assets / fund balances at beginning of fiscal yearUSD $ -31,277,370
Total liabilities at end of fiscal yearUSD $ 109,722,612
Total liabilities at beginning of fiscal yearUSD $ 120,066,645
Total assets at end of fiscal yearUSD $ 76,584,160
Total assets at beginning of fiscal yearUSD $ 88,789,275
Revenues less expenses for current yearUSD $ -192,586,464
Revenues less expenses for previous yearUSD $ -222,982,724
Total expenses for current yearUSD $ 425,597,979
Total expenses for previous yearUSD $ 473,263,446
Other expenses in current yearUSD $ 103,180,012
Other expenses in previous yearUSD $ 109,993,513
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 322,417,967
Employee salary and benefits paid in previous yearUSD $ 363,269,933
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 $ 233,011,515
Total revenue in previous fiscal yearUSD $ 250,280,722
Contributions and grants from current yearUSD $ 238,447
Contributions and grants from previous yearUSD $ 5,232,778
Total of other revenueUSD $ 6,813,269
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 200,025,044
Program Service Revenue from current yearUSD $ 240,962,239
Investment Income from prior yearUSD $ 67,478
Investment Income from current yearUSD $ 40,086
Other Revenue from prior yearUSD $ 2,821,406
Other Revenue from current yearUSD $ 4,045,619
Gross receipts from all sourcesUSD $ 250,280,722
Net assets / fund balances at end of fiscal yearUSD $ -31,277,370
Net assets / fund balances at beginning of fiscal yearUSD $ -33,839,998
Total liabilities at end of fiscal yearUSD $ 120,066,645
Total liabilities at beginning of fiscal yearUSD $ 110,515,939
Total assets at end of fiscal yearUSD $ 88,789,275
Total assets at beginning of fiscal yearUSD $ 76,675,941
Revenues less expenses for current yearUSD $ -222,982,724
Revenues less expenses for previous yearUSD $ -248,694,276
Total expenses for current yearUSD $ 473,263,446
Total expenses for previous yearUSD $ 454,908,487
Other expenses in current yearUSD $ 109,993,513
Other expenses in previous yearUSD $ 103,855,848
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 363,269,933
Employee salary and benefits paid in previous yearUSD $ 351,052,639
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 $ 250,280,722
Total revenue in previous fiscal yearUSD $ 206,214,211
Contributions and grants from current yearUSD $ 5,232,778
Contributions and grants from previous yearUSD $ 3,300,283
Total of other revenueUSD $ 4,039,700
2020-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 207,240,732
Program Service Revenue from current yearUSD $ 200,025,044
Investment Income from prior yearUSD $ 51,818
Investment Income from current yearUSD $ 67,478
Other Revenue from prior yearUSD $ 2,809,397
Other Revenue from current yearUSD $ 2,821,406
Gross receipts from all sourcesUSD $ 206,214,211
Net assets / fund balances at end of fiscal yearUSD $ -33,839,998
Net assets / fund balances at beginning of fiscal yearUSD $ 3,048,255
Total liabilities at end of fiscal yearUSD $ 110,515,939
Total liabilities at beginning of fiscal yearUSD $ 45,182,646
Total assets at end of fiscal yearUSD $ 76,675,941
Total assets at beginning of fiscal yearUSD $ 48,230,901
Revenues less expenses for current yearUSD $ -248,694,276
Revenues less expenses for previous yearUSD $ -168,061,955
Total expenses for current yearUSD $ 454,908,487
Total expenses for previous yearUSD $ 378,163,902
Other expenses in current yearUSD $ 103,855,848
Other expenses in previous yearUSD $ 82,012,840
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 351,052,639
Employee salary and benefits paid in previous yearUSD $ 296,151,062
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 $ 206,214,211
Total revenue in previous fiscal yearUSD $ 210,101,947
Contributions and grants from current yearUSD $ 3,300,283
Total of other revenueUSD $ 2,814,927
2019-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 183,170,380
Program Service Revenue from current yearUSD $ 207,240,732
Investment Income from prior yearUSD $ 27,207
Investment Income from current yearUSD $ 51,818
Other Revenue from prior yearUSD $ 2,443,374
Other Revenue from current yearUSD $ 2,809,397
Gross receipts from all sourcesUSD $ 210,101,947
Net assets / fund balances at end of fiscal yearUSD $ 3,048,255
Net assets / fund balances at beginning of fiscal yearUSD $ -10,040,896
Total liabilities at end of fiscal yearUSD $ 45,182,646
Total liabilities at beginning of fiscal yearUSD $ 37,223,469
Total assets at end of fiscal yearUSD $ 48,230,901
Total assets at beginning of fiscal yearUSD $ 27,182,573
Revenues less expenses for current yearUSD $ -168,061,955
Revenues less expenses for previous yearUSD $ -128,346,308
Total expenses for current yearUSD $ 378,163,902
Total expenses for previous yearUSD $ 313,987,269
Other expenses in current yearUSD $ 82,012,840
Other expenses in previous yearUSD $ 54,055,104
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 296,151,062
Employee salary and benefits paid in previous yearUSD $ 259,932,165
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 $ 210,101,947
Total revenue in previous fiscal yearUSD $ 185,640,961
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 2,793,174
2018-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 117,936,393
Program Service Revenue from current yearUSD $ 183,170,380
Investment Income from prior yearUSD $ 15,967
Investment Income from current yearUSD $ 27,207
Other Revenue from prior yearUSD $ 2,757,431
Other Revenue from current yearUSD $ 2,443,374
Gross receipts from all sourcesUSD $ 185,640,961
Net assets / fund balances at end of fiscal yearUSD $ -10,040,896
Net assets / fund balances at beginning of fiscal yearUSD $ -2,775,418
Total liabilities at end of fiscal yearUSD $ 37,223,469
Total liabilities at beginning of fiscal yearUSD $ 25,268,470
Total assets at end of fiscal yearUSD $ 27,182,573
Total assets at beginning of fiscal yearUSD $ 22,493,052
Revenues less expenses for current yearUSD $ -128,346,308
Revenues less expenses for previous yearUSD $ -76,908,722
Total expenses for current yearUSD $ 313,987,269
Total expenses for previous yearUSD $ 197,618,513
Other expenses in current yearUSD $ 54,055,104
Other expenses in previous yearUSD $ 36,857,873
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 259,932,165
Employee salary and benefits paid in previous yearUSD $ 160,760,640
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 $ 185,640,961
Total revenue in previous fiscal yearUSD $ 120,709,791
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 2,443,374
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 107,153,864
Program Service Revenue from current yearUSD $ 117,936,393
Investment Income from prior yearUSD $ 17,598
Investment Income from current yearUSD $ 15,967
Other Revenue from prior yearUSD $ 3,169,276
Other Revenue from current yearUSD $ 2,757,431
Gross receipts from all sourcesUSD $ 120,709,791
Net assets / fund balances at end of fiscal yearUSD $ -2,775,418
Net assets / fund balances at beginning of fiscal yearUSD $ -7,655,151
Total liabilities at end of fiscal yearUSD $ 25,268,470
Total liabilities at beginning of fiscal yearUSD $ 27,934,735
Total assets at end of fiscal yearUSD $ 22,493,052
Total assets at beginning of fiscal yearUSD $ 20,279,584
Revenues less expenses for current yearUSD $ -76,908,722
Revenues less expenses for previous yearUSD $ -59,791,060
Total expenses for current yearUSD $ 197,618,513
Total expenses for previous yearUSD $ 170,131,798
Other expenses in current yearUSD $ 36,857,873
Other expenses in previous yearUSD $ 31,755,063
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 160,760,640
Employee salary and benefits paid in previous yearUSD $ 138,376,735
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 $ 120,709,791
Total revenue in previous fiscal yearUSD $ 110,340,738
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 2,757,431
2016-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 52,496,784
Program Service Revenue from current yearUSD $ 107,153,864
Investment Income from prior yearUSD $ 13,185
Investment Income from current yearUSD $ 17,598
Other Revenue from prior yearUSD $ 861,725
Other Revenue from current yearUSD $ 3,169,276
Gross receipts from all sourcesUSD $ 110,340,738
Net assets / fund balances at end of fiscal yearUSD $ -7,655,151
Net assets / fund balances at beginning of fiscal yearUSD $ -6,521,987
Total liabilities at end of fiscal yearUSD $ 27,934,735
Total liabilities at beginning of fiscal yearUSD $ 15,280,791
Total assets at end of fiscal yearUSD $ 20,279,584
Total assets at beginning of fiscal yearUSD $ 8,758,804
Revenues less expenses for current yearUSD $ -59,791,060
Revenues less expenses for previous yearUSD $ -45,583,527
Total expenses for current yearUSD $ 170,131,798
Total expenses for previous yearUSD $ 98,955,221
Other expenses in current yearUSD $ 31,755,063
Other expenses in previous yearUSD $ 20,445,699
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 138,376,735
Employee salary and benefits paid in previous yearUSD $ 78,509,522
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 $ 110,340,738
Total revenue in previous fiscal yearUSD $ 53,371,694
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 3,169,276

Other Company Names associated with EIN

TOWER HEALTH MEDICAL GROUP
READING HEALTH PHYSICIAN NETWORK

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 232266054

USA Mailing Address
PO BOX 16052
READING
PA
196126052
Date first seen: 2012-05-08
Date last seen: 2024-05-14

Nearby companies/organizations

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

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