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TOWER HEALTH

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Public nonprofit record

TOWER HEALTH

EIN 23-2201344 · Health Care (E220)

What they do

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 (PARENT) is A NON-PROFIT HEALTHCARE SYSTEM THAT PROVIDES CHARITABLE COMMUNITY-BASED HEALTHCARE SERVICES and PROGRAMS to IMPROVE THE HEALTH and WELL-BEING of THE PEOPLE and THE COMMUNITIES IT SERVES IN THE GREATER BERKS, MONTGOMERY and CHESTER AREAS THROUGH ITS SUBSIDIARIES (SEE FORM 990, SCHEDULE R). SUBSIDIARIES INCLUDE BUT ARE NOT LIMITED to PHOENIXVILLE HOSPITAL, and POTTSTOWN HOSPITAL, THE TWO of WHICH ARE HELD IN SINGLE MEMBER LLCS THAT TOWER HEALTH is THE SOLE MEMBER OF. AS A RESULT, THESE ARE TREATED AS DISREGARDED ENTITIES and ALL of THEIR INCOME and ACTIVITIES ARE REPORTED ON TOWER HEALTHS FORM 990. AS A PROVIDER of DIRECT CARE, TOWER HEALTH ADDRESSES ISSUES OUTSIDE THAT REALM THAT IMPACT HEALTH and WELLNESS. IN FACT, A KEY PART of

Money

Financial picture

Tax year 2024
Revenue$502,368,130
Expenses$499,958,811
Assets$1,703,778,379
Income$538,160,496
Contributions$844,294
Management$92,931,607
Stocks and bonds$4,178,728
Investing fees$444,922

About this charity

Recognized since
January 1997
Location
PO BOX 16052, READING, PA 196126052
County
Berks
In care of
MICHAEL STERN
Primary officer
MICHAEL STERN, PRES/CEO TH

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
KPMG LLP
NTEE classification
Health Care (E220)
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
17
Activity
150000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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