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Reading Hospital

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231352204 ✦ Reading, PA ✦ Designated as a 501(c)(3)

Overview

What is Reading Hospital?

Reading Hospital is a renowned healthcare institution located in Pennsylvania, offering comprehensive inpatient, outpatient, and emergent care with 725 beds. Its services cater to a wide range of medical specialties, including oncology, neurology, cardiology, heart failure, orthopedics, trauma, bariatric surgery, and medical complexity. Reading Hospital provides essential maternal-child health services, including obstetrics, neonatal intensive care, inpatient pediatric medical surgical care, and pediatric emergency services. The hospital is committed to advancing the health and well-being of its community by offering various programs, such as population health services, initiatives for the homeless, and tele-health support for heart failure patients, among others. With a focus on high-quality, accessible, and cost-effective care, Reading Hospital has been designated as a Magnet organization for nursing excellence for the second consecutive time. Its emergency department is a Level 1 Trauma Center, providing immediate access to specialized care 24/7 for patients.


Official website here: www.see supplemental disclosure

Is Reading Hospital legitimate?

Reading Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,847,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $412,837,622

For more financial information, click here


Official website here: www.see supplemental disclosure

What is the mission statement of Reading Hospital?

The mission of Reading Hospital is to deliver compassionate, accessible, high-quality, and cost-effective healthcare to the community. Alongside direct care provision, the hospital focuses on promoting health and educating healthcare professionals, as well as engaging in appropriate clinical research. Beyond these core functions, Reading Hospital addresses health-related issues outside the realm of medical care through community benefit initiatives. These efforts, led by the hospital's Community Wellness Department, aim to target underserved populations and address health disparities and social determinants of health. The department manages community health needs, leading, partnering, and investing in strategic health initiatives.


Official website here: www.see supplemental disclosure

Who is the CEO of Reading Hospital?

Charles Barbera Md is the Pres & Ceo 4 of Reading Hospital. The CEO's salary of Reading Hospital is $638,498 and their total compensation is $780,860.


Official website here: www.see supplemental disclosure

What is the revenue of Reading Hospital?

Reading Hospital's revenue in 2022 was $1,290,581,797.


Official website here: www.see supplemental disclosure

Who are the executives of Reading Hospital and what are their salaries?

The average compensation at Reading Hospital during 2022 was $57,931. There are 7,210 employees and 155 volunteers at Reading Hospital.

Here are 32 key members and their salaries (Reading Hospital's CEO's salary is $638,498 and their total compensation is $780,860):

    Clint Matthews (Tower Hlth P)
  • Compensation: $2,418,853
  • Related: $0
  • Other: $102,792

    • Therese Sucher (Interim Ceo) [Trustee/Director]
  • Compensation: $1,197,331
  • Related: $0
  • Other: $270,732

    • Dan Ahern (Evp Busines)
  • Compensation: $1,129,933
  • Related: $0
  • Other: $202,399

    • Gary F Conner (Evp Cfo)
  • Compensation: $1,026,036
  • Related: $0
  • Other: $18,615

    • Suzanne Wenderoth Md (Board Member) [Trustee/Director]
  • Compensation: $483,319
  • Related: $241,164
  • Other: $177,354

    • Mark G Martens (Vp Chief Aca)
  • Compensation: $785,876
  • Related: $0
  • Other: $113,837

    • Eric Elgin Md (Board Memb T) [Trustee/Director]
  • Compensation: $0
  • Related: $846,731
  • Other: $29,822

    • William Jennings (Pres & Ceo T) [Trustee/Director]
  • Compensation: $851,695
  • Related: $0
  • Other: $16,366

    • Russell H Showers (Svp Chief Of)
  • Compensation: $710,375
  • Related: $0
  • Other: $87,048

    • Charles Barbera Md (Pres & Ceo 4) [Trustee/Director]
  • Compensation: $638,498
  • Related: $0
  • Other: $142,362

    • Carl Seidl (Vp Term 5/21)
  • Compensation: $165,266
  • Related: $0
  • Other: $536,597

    • Michelle Trupp (Vp Cio)
  • Compensation: $578,834
  • Related: $0
  • Other: $113,800

    • Mary Agnew (Svp Cno)
  • Compensation: $583,427
  • Related: $0
  • Other: $96,671

    • Charles Brown (Svp Rev Cycl)
  • Compensation: $574,805
  • Related: $0
  • Other: $25,622

    • David A Schlappy (Vp Chief Of)
  • Compensation: $487,898
  • Related: $0
  • Other: $67,865

    • Mark L Mcnash (Svp Support)
  • Compensation: $471,146
  • Related: $0
  • Other: $78,917

    • Cecilia Smith Do (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $533,442
  • Other: $15,534

    • Ron Nutting Md (Cmo)
  • Compensation: $469,373
  • Related: $0
  • Other: $23,369

    • John Casey Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $391,418
  • Other: $61,047

    • Dawn Anuszkiewicz (Coo Rh Term)
  • Compensation: $378,244
  • Related: $0
  • Other: $28,025

    • Mark Reyngoudt (Cfo/Treas.)
  • Compensation: $310,742
  • Related: $0
  • Other: $29,069

    • Rosemary Wurster (Cno)
  • Compensation: $305,722
  • Related: $0
  • Other: $15,307

    • Olubumni Ojikutu Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $267,763
  • Other: $36,185

    • Min Lee (Vp Oper Term)
  • Compensation: $261,101
  • Related: $0
  • Other: $14,973

    • Terri Myers (Secretary 7/)
  • Compensation: $70,479
  • Related: $0
  • Other: $10,786

    • Yamil Sanchez Ed D (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Langdon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latrice Mumin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacque Fetrow Phd (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Looney Phd (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Weidenhammer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Zintak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.see supplemental disclosure

    Where can I find the form 990 for Reading Hospital?

    The Reading Hospital’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.see supplemental disclosure

    Learn more at the official website: www.see supplemental disclosure

    Mission Statement of Reading Hospital

    Reading Hospital, a leading healthcare provider, is committed to delivering compassionate, accessible, high-quality, and cost-effective healthcare to the community. The mission of this esteemed institution extends beyond direct patient care, as it also focuses on promoting health, educating healthcare professionals, and engaging in appropriate clinical research.

    Situated at the heart of its community's wellbeing, Reading Hospital reinvests its resources into initiatives that address health disparities and social determinants of health. The hospital's Community Wellness Department plays a pivotal role in this endeavor. With a three-pronged mission, the department seeks to lead, partner, and invest in strategic health initiatives, targeting the underserved and addressing health disparities. By doing so, Reading Hospital strives to improve overall community health and wellbeing.

    The Community Wellness Department's activities are multifaceted. It leads health initiatives, partnering with various stakeholders to create programs and policies that positively impact the community's health. The department also invests in these initiatives, ensuring their long-term success and sustainability. Through its leadership, partnership, and investment efforts, Reading Hospital addresses the complex health needs of its community, ultimately contributing to a healthier population.

    Impact

    This information is meant to be a general summary of Reading Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Reading Hospital's impact is significant in providing compassionate, accessible, high-quality, and cost-effective care to the community. With 199,580 patient days and 725 beds, Reading Hospital offers comprehensive inpatient, outpatient, and emergent care services. It houses critical care units, acute rehabilitation units, and medical surgical units specializing in various areas such as oncology, neurology, cardiology, orthopedics, and trauma care. Additionally, the hospital provides maternal child health services, including obstetrics, neonatal intensive care, and pediatric emergency services.

    Reading Hospital's inpatient care extends beyond its facilities to support communities through regional cancer, cardiac, and primary stroke centers, a trauma Level 1 center, a regional transplant center, and a virtual intensive care unit. The hospital's commitment to improving post-discharge care outcomes is evident through programs like comprehensive population health services and the Tower Health Street Medicine Program, which offers health services to the homeless population. The hospital also focuses on preventing readmissions through tele-health support for heart failure patients.

    In the emergency care sector, Reading Hospital's emergency department handles over 100,000 visits annually, making it one of the top three in the state of Pennsylvania. As an accredited Level 1 trauma center, the hospital provides immediate access to specialty services, including trauma surgery and plastic surgery. It is also known for its expertise in stroke and chest pain care and has certified recovery specialists on hand to assist patients with substance use disorders.

    Reading Hospital's mission to promote health, educate healthcare professionals, and participate in clinical research is amplified by its community wellness initiatives. These efforts address health disparities and social determinants of health, reflecting the hospital's commitment to improving the overall well-being of its community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,082,630
  • Program Service Revenue: $1,218,685,088
  • Gross Receipts: $1,290,581,797

    • Assets and Liabilities:
  • Total Assets: $1,060,006,522
  • Total Liabilities: $1,382,700,921
  • Net Assets: -$322,694,399
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT CHARGES

    Revenue

    $1,087,208,809

    MANAGEMENT FEES

    Revenue

    $131,476,279

    Organization Details

    Founding Year

    1869

    Principal Officer

    Charles Barbera Md

    Main Address

    PO BOX 16052, READING, PA, 196126052

    NTEE Category

    Code: E21 - Health

    If you are a representative of Reading Hospital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.