WEBSITE: WWW.TOWERHEALTH.ORG/LOCATIONS/READING-HOSPITAL THE MISSION OF READING HOSPITAL IS TO PROVIDE COMPASSIONATE, ACCESSIBLE, HIGH-QUALITY, COST-EFFECTIVE HEALTHCARE TO THE COMMUNITY; TO PROMOTE HEALTH; TO EDUCATION HEALTHCARE PROFESSIONALS; AND TO PARTICIPATE IN APPROPRIATE CLINICAL RESEARCH. IN ADDITION TO ITS PRIMARY ROLE AS A PROVIDER OF DIRECT CARE, READING HOSPITAL ADDRESSES ISSUES OUTSIDE THAT REAL THAT IMPACT HEALTH AND WELLNESS. IN FACT, A KEY PART OF OUR MISSION MEANS THE REINVESTMENT OF RESOURCES INTO THESE EFFORTS, WHICH ARE COLLECTIVELY KNOWN AS COMMUNITY BENEFIT. WE ARE PROUD TO REPORT THAT IN OUR LAST FISCAL YEAR (FY2023), WE COMMITTED NEARLY 159.5M TO THIS CAUSE. READING HOSPITAL'S COMMUNITY WELLNESS DEPARTMENT SUPPORTS THE HOSPITAL'S COMMUNITY ENGAGEMENT AND COMMUNITY BENEFIT ENDEAVORS. THE DEPARTMENT'S MISSION IS THREE PRONGED AND SEEKS TO LEAD, PARTNER, AND INVEST IN STRATEGIC HEALTH INITIATIVES THAT TARGET THE UNDERSERVED, ADDRESS HEALTH DISPARITIES AND SOCIAL DE
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Pennsylvania.
- Base
- $657k
- Bonus
- $200k
- Other
- $78k
- Benefits
- $27k
- Base
- $692k
- Bonus
- $140k
- Other
- $57k
- Benefits
- $27k
- Base
- $511k
- Bonus
- $153k
- Other
- $68k
- Benefits
- $1k
- Base
- —
- Bonus
- —
- Other
- $767k
- Benefits
- $16k
- Base
- $407k
- Bonus
- $124k
- Other
- $68k
- Benefits
- $18k
- Base
- $499k
- Bonus
- —
- Other
- $2k
- Benefits
- $1k
- Base
- $470k
- Bonus
- —
- Other
- $690
- Benefits
- $10k
- Base
- $354k
- Bonus
- —
- Other
- $118k
- Benefits
- $19k
- Base
- $392k
- Bonus
- —
- Other
- $1k
- Benefits
- $17k
- Base
- $358k
- Bonus
- $72k
- Other
- $2k
- Benefits
- $521
- Base
- $112k
- Bonus
- $71k
- Other
- $231k
- Benefits
- $8k
- Base
- —
- Bonus
- —
- Other
- $406k
- Benefits
- $17k
- Base
- $316k
- Bonus
- $64k
- Other
- $450
- Benefits
- $19k
- Base
- $65k
- Bonus
- $171k
- Other
- $137k
- Benefits
- $8k
- Base
- —
- Bonus
- —
- Other
- $330k
- Benefits
- $24k
- Base
- $243k
- Bonus
- $49k
- Other
- $548
- Benefits
- $1k
- Base
- —
- Bonus
- —
- Other
- $269k
- Benefits
- —
- Base
- —
- Bonus
- —
- Other
- $264k
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Board Member Above 90th percentile | $657k | $200k | $78k | $27k | $1.1M $1.3M |
Pres & CEO Above 90th percentile | $692k | $140k | $57k | $27k | $1.1M $1.2M |
COO Above 90th percentile | $511k | $153k | $68k | $1k | $821k $916k |
Int CEO Term Above 90th percentile | — | — | $767k | $16k | $783k $874k |
Cfo/treas Officer (Unspecified) | $407k | $124k | $68k | $18k | $691k $771k |
SVP Chief Ac Senior Vice President 75th to 90th percentile | $499k | — | $2k | $1k | $589k $657k |
Svp/chief Pe Highest Compensated Employee 75th to 90th percentile | $470k | — | $690 | $10k | $563k $629k |
SVP Rev Cycl Senior Vice President 75th to 90th percentile | $354k | — | $118k | $19k | $555k $619k |
SVP CIO Chief Information Officer 75th to 90th percentilevs Health Care peers nationwide | $392k | — | $1k | $17k | $489k $546k |
Cno Term Key Employee 75th to 90th percentile | $358k | $72k | $2k | $521 | $443k $495k |
VP Marketing Board Vice President 75th to 90th percentile | $112k | $71k | $231k | $8k | $427k $477k |
CMO Term Former Officer/director/trustee 75th to 90th percentile | — | — | $406k | $17k | $423k $472k |
VP Rev Integ Board Vice President 75th to 90th percentile | $316k | $64k | $450 | $19k | $407k $454k |
SVP Sup Serv Senior Vice President Median to 75th percentile | $65k | $171k | $137k | $8k | $386k $431k |
Cfo/treas Te Former Officer/director/trustee 75th to 90th percentile | — | — | $330k | $24k | $353k $395k |
Interim Cno Key Employee Median to 75th percentile | $243k | $49k | $548 | $1k | $302k $337k |
Th Pres/ceo Former Officer/director/trustee 75th to 90th percentile | — | — | $269k | — | $277k $309k |
SVP Cno Term Senior Vice President Median to 75th percentile | — | — | $264k | $9k | $273k $305k |
Secretary Secretary (Operational) 75th to 90th percentile | — | — | — | — | $100k $111k |
Board Member 25th percentile to median | — | — | — | — | $48k $54k |
Board Member 25th percentile to median | — | — | — | — | $34k $38k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at READING HOSPITAL equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 38%
from 2022
From $1.8M in 2022 to $1.1M in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 9% from 2022 to 2023, while revenue rose 10%.
- Chief Executive Officer pay fell 40% from 2022 to 2023.
- Chief Operating Officer pay rose 4% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about READING HOSPITAL
What does the Board Member of READING HOSPITAL earn?
In 2023, the Board Member of READING HOSPITAL received $1,139,523 in total compensation. This pay is in the top 10% for Board Member roles among Health Care organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at READING HOSPITAL compare with similar nonprofits?
Compared with the same role at Health Care organizations in Pennsylvania, the 2023 pay of the Board Member at READING HOSPITAL falls in the top 10%. In 2023, the highest total compensation at READING HOSPITAL equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
What are READING HOSPITAL's revenue and expenses?
In 2023, READING HOSPITAL reported $1.5B in total revenue and $1.3B in total expenses on its IRS Form 990.
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