Civic Intelligence

Reading Health System

990 • Fiscal year 2011 • EIN 23-2201344

Jul 01, 2010 to Jun 30, 2011 • Filed on May 03, 2012

Organization ProfileWWW.TOWERHEALTH.ORG

View Organization Page

PO Box 1605219612-6052
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.42x

Higher debt load relative to assets than 51% of similar nonprofits.

2011 filings • 501(c)3 • $1B+ nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

33rd percentile

4.2%

Faster asset growth than 33% of similar nonprofits.

2011 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$1,414,819,391

Up $57,346,096 (+4.2%) from 2010

Net Assets

Up

$815,132,516

Up $62,501,517 (+8.3%) from 2010

Liabilities

Down

$599,686,875

Down $5,155,421 (-0.9%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$975,136

Down $9,774,778 (-91%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0-$1.0BAssets 2010: $1,357,473,295Liabilities 2010: $604,842,296Net Assets 2010: $752,630,9992010Assets 2011: $1,414,819,391Liabilities 2011: $599,686,875Net Assets 2011: $815,132,5162011Assets 2012: $1,398,096,309Liabilities 2012: $686,371,752Net Assets 2012: $711,724,5572012Assets 2013: $1,487,171,859Liabilities 2013: $659,009,039Net Assets 2013: $828,162,8202013Assets 2014: $1,573,850,225Liabilities 2014: $647,268,726Net Assets 2014: $926,581,4992014Assets 2015: $1,479,124,047Liabilities 2015: $639,252,089Net Assets 2015: $839,871,9582015Assets 2016: $1,450,160,993Liabilities 2016: $646,458,936Net Assets 2016: $803,702,0572016Assets 2017: $1,506,270,845Liabilities 2017: $618,461,425Net Assets 2017: $887,809,4202017Assets 2018: $2,024,107,424Liabilities 2018: $1,241,707,304Net Assets 2018: $782,400,1202018Assets 2019: $1,785,046,902Liabilities 2019: $1,279,089,590Net Assets 2019: $505,957,3122019Assets 2020: $1,916,208,118Liabilities 2020: $1,783,691,030Net Assets 2020: $132,517,0882020Assets 2021: $1,567,530,050Liabilities 2021: $1,725,484,412Net Assets 2021: -$157,954,3622021Assets 2022: $1,615,200,431Liabilities 2022: $1,665,594,664Net Assets 2022: -$50,394,2332022Assets 2023: $1,705,834,972Liabilities 2023: $1,615,793,910Net Assets 2023: $90,041,0622023Assets 2024: $1,634,452,647Liabilities 2024: $1,602,621,975Net Assets 2024: $31,830,6722024

Highlighted filing

2011

Assets$1,414,819,391
Liabilities$599,686,875
Net Assets$815,132,516
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0B$500M$0-$500MExpenses 2010: $10,749,9142010Expenses 2011: $975,1362011Revenue 2012: $19,243,559Expenses 2012: $41,398,104Net Income 2012: -$22,154,5452012Expenses 2013: $2,004,0002013Revenue 2014: $54,094,478Expenses 2014: $3,222,856Net Income 2014: $50,871,6222014Revenue 2015: $37,751,968Expenses 2015: $7,859,371Net Income 2015: $29,892,5972015Revenue 2016: $2,877,821Expenses 2016: $7,304,043Net Income 2016: -$4,426,2222016Revenue 2017: $55,052,982Expenses 2017: $6,196,547Net Income 2017: $48,856,4352017Revenue 2018: $603,474,938Expenses 2018: $476,337,839Net Income 2018: $127,137,0992018Revenue 2019: $599,341,349Expenses 2019: $695,383,340Net Income 2019: -$96,041,9912019Revenue 2020: $534,049,241Expenses 2020: $742,766,413Net Income 2020: -$208,717,1722020Revenue 2021: $562,187,138Expenses 2021: $741,697,972Net Income 2021: -$179,510,8342021Revenue 2022: $611,657,602Expenses 2022: $741,567,482Net Income 2022: -$129,909,8802022Revenue 2023: $531,571,803Expenses 2023: $619,770,704Net Income 2023: -$88,198,9012023Revenue 2024: $406,600,464Expenses 2024: $514,223,473Net Income 2024: -$107,623,0092024

Highlighted filing

2011

Revenue-
Expenses$975,136
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 3, 2012
Return Version
2010v3.7
Gross Receipts
$32,026,367
Mission and Program Overview

Mission

The mission of tower health is to provide compassionate, accessible, high quality, cost effective healthcare to the community; to promote health; to educate healthcare professionals; and to participate in appropriate clinical research. Tower health is a non-profit healthcare system consisting of directly and indirectly controlled entities (see form 990, schedule r for a listing of affilites), including but not limited to brandywine hospital, chestnut hill hospital, jennersville hospital, phoenixville hospital, and pottstown hospital. Tower health provides charitable community-based healthcare services and programs to improve the health and well-being of the people and communities it serves.

Filing and Contact Details

Filer

EIN
23-2201344
Raw XML AppendixShowing 400 of 963 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Description0TO FACILITATE THE INVESTMENT AND FINANCING ACTIVITIES OF THE HEALTH CARE SYSTEM. THROUGH ITS AFFILIATES, INCLUDING THE READING HOSPITAL & MEDICAL CENTER, THE SYSTEM ENGAGED IN THE FOLLOWING COMMUNITY & CHARITY CARE ACTIVITIES. DESCRIPTION OF ACHIEVEMENTS IN FISCAL 2011 RELATING TO EXEMPT PURPOSE 1)PROVIDING HEALTH CARE: INPATIENT SERVICES 30,253 BIRTHS 3,161 EMERGENCY SERVICES 119,329 OUTPATIENT SERVICES 892,894 (SEE ADDITIONAL ON SCHEDULE O) AMOUNT OF CHARITY CARE PROVIDED: 18,552,000 2) PROMOTING HEALTH HEALTH OUTREACH FOR CHILDREN (NEWBORNS THROUGH TEENS) INITIATED ST CHRIS CARE, AN AMBULATORY PEDIATRIC SPECIALTY PRACTICE PRIMARILY FOR THE MEDICALLY UNDERSERVED. OPERATE CHILDREN'S HEALTH CENTER: PROVIDE AMBULATORY CARE TO PEDIATRIC PATIENTS WHO ARE MEDICALLY UNDERSERVED; 20,682 VISITS; PROVIDES EACH CHILD WITH A FREE BOOK THROUGH ITS REACH OUT AND READ PROGRAM TO IMPROVE LITERACY AND DEVELOP A CHILD'S LIFELONG PASSION FOR READING. HEALTH OUTREACH FOR ADULTS: OPERATE WOMEN'S HEALTH CENTER: OFFERING MEDICALLY UNDERSERVED WOMEN BOTH OBSTETRICAL AND GYNECOLOGICAL CARE; 18,814 OPERATE CENTER FOR PUBLIC HEALTH: OFFERS CARE TO INDIVIDUALS DIAGNOSED WITH AIDS OR WHO ARE HIV POSITIVE; 1,675 PATIENT REGISTRATIONS. OPERATE OUTPATIENT SERVICES ADULT CLINICS: PROVIDES PRIMARY AND SUBSPECIALTY CARE TO MEDICALLY UNDERSERVED ADULTS; 9,494 VISITS. HEALTH OUTREACH: IMPACTING ALL AGES OPERATE AN ACCREDITED TRAUMA CENTER THAT PROVIDED THIS LIFE-SAVING LEVEL OF CARE TO 1,834 INDIVIDUALS LAST YEAR; PROVIDE TRAUMA PREVENTION EDUCATION TO THE GENERAL COMMUNITY; AND PROFESSIONAL EDUCATION TO EMS AND HOSPITAL PROVIDERS. OPERATE A 24/7 EMERGENCY DEPARTMENT. OPERATE THE READING HEALTH DISPENSARY AND ITS SECOND STREET SATELLITE; PROVIDE PRIMARY CARE TO FAMILIES AND ADULTS MEDICALLY UNDERSERVED; NEW OFFERING MIDWIFERY CARE TO PREGNANT WOMEN; 17,910 VISITS. OPERATE A SCHOOL OF HEALTH SCIENCES TO PROVIDE COLLEGE-LEVEL TRAINING IN FIVE HEALTHCARE CAREERS (NURSING, RADIOLOGIC TECHNOLOGY, CLINICAL PASTORAL CARE, SURGICAL TECHNOLOGY, PARAMEDIC MEDICINE). OPERATE A SCHOOL OF CLINICAL LABORATORY SCIENCE TO PROVIDE THE FOURTH YEAR OF COLLEGE WORK TO STUDENTS INTERESTED IN CAREERS IN LABORATORY MEDICINE. OPERATE TWO URGENT CARE CENTERS TO PROVIDED HEALTHCARE ACCESS ON WEEKEND AND WEEKDAY EVENINGS WHEN MOST PRIVATE PRACTICES ARE CLOSED; 15,360 OPERATE A 24/7 DRUG AND ALCOHOL CENTER WITH INPATIENT DETOXIFICATION, DROP-IN SERVICE, AND SUPPORT GROUPS. MAINTAIN 24/7 INTERPRETING SERVICES: 21 ON-SITE SPANISH-ENGLISH INTERPRETERS; AND 1 TRANSLATOR FOR WRITTEN COMMUNICATIONS; NETWORK OF 24/7 VIDEO-REMOTE INTERPRETING STATIONS AND TELEPHONES FOR ANY LANGUAGE. MAINTAIN 24/7 SIGN LANGUAGE SERVICES: PARTNERSHIP WITH BERKS DEAF AND HARD OF HEARING TO PROVIDE CERTIFIED SIGN LANGUAGE INTERPRETER AS NEEDED; ESTABLISHED 24/7 VIDEO-REMOTE SIGN LANGUAGE INTERPRETING SERVICE. PROVIDES 24/7 CHAPLAINCY SERVICES PROGRAM TO PROVIDE PATIENTS AND STAFF WITH SUPPORT FOR SPIRITUAL CONCERNS. DEVELOPED PALLIATIVE CARE SERVICES TO SUPPORT SERIOUSLY ILL PATIENTS AND FAMILIES IN UNDERSTANDING HEALTH PROBLEM AND OPTIONS. PROVIDE INPATIENT HOSPICE SERVICES, WITH APPROPRIATE NETWORKING FOR OUTPATIENT HOSPICE CARE. HIRED A SOCIAL WORKER TO MANAGE PATIENTS WHO HAVE FREQUENTED THE ED WITH MINOR COMPLAINTS. VISITS PATIENTS IN THEIR HOME TO CONNECT THEM WITH COMMUNITY RESOURCES AND ACCESS TO OUTPATIENT CARE. OFFER RAGGEDY ANN THERAPY PROGRAM AS A NON-THREATENING METHOD OF ESTABLISHING COMMUNICATION WITH ANXIOUS OR DEPRESSED PATIENTS. OFFER PAWS FOR WELLNESS AND OTHER PET THERAPY PROGRAMS AT NO CHARGE TO PATIENTS. OFFERS NO ONE DIES ALONE PROGRAM THROUGH SPECIALLY TRAINED VOLUNTEERS. PROVIDE FREE VALET PARKING TO PATIENTS AND THEIR VISITORS; OFFER WHEELCHAIRS AND ESCORTS TO SUPPORT MEDICALLY FRAGILE PATIENTS. SUPPORT ORGAN DONATION COMMUNICATION AND PROCESS; EARNED RECOGNITION FROM THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES FOR LEVEL OF SUCCESS. MAINTAIN HELPLINE (CALL CENTER) FOR FREE INFORMATION ON
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Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,414,819,391
Liabilities
$599,686,875
Net assets
$815,132,516
Revenue
-
Expenses
$975,136
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,634$1,603$31.8$407$514$108
2023Detailed filing. Detailed filing data is available for this year.$1,706$1,616$90.0$532$620$88.2
2022Detailed filing. Detailed filing data is available for this year.$1,615$1,666$50.4$612$742$130
2021Detailed filing. Detailed filing data is available for this year.$1,568$1,725$158$562$742$180
2020Detailed filing. Detailed filing data is available for this year.$1,916$1,784$133$534$743$209
2019Detailed filing. Detailed filing data is available for this year.$1,785$1,279$506$599$695$96.0
2018Detailed filing. Detailed filing data is available for this year.$2,024$1,242$782$603$476$127
2017Detailed filing. Detailed filing data is available for this year.$1,506$618$888$55.1$6.20$48.9
2016Detailed filing. Detailed filing data is available for this year.$1,450$646$804$2.88$7.30$4.43
2015Detailed filing. Detailed filing data is available for this year.$1,479$639$840$37.8$7.86$29.9
2014Detailed filing. Detailed filing data is available for this year.$1,574$647$927$54.1$3.22$50.9
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,487$659$828$2.00
2012Summary only. Only limited summary data is available for this year.$1,398$686$712$19.2$41.4$22.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,415$600$815$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,357$605$753$10.7