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Filing year 2023

TOWER HEALTH

Reading, Pennsylvania·EIN 23-2201344·NTEE E220 · Health Care·501(c)(3)
Total revenue
$406.6M
Total assets
$1.6B
Total expenses
$514.2M
Reported officers
33
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 (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 HEALTH'S 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

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Pennsylvania.

CEO Potts Te
75th to 90th percentile
$580k
$648k
Base
$420k
Bonus
Other
$59k
Benefits
$27k
Physician
Highest Compensated Employee
75th to 90th percentile
$539k
$602k
Base
$487k
Bonus
Other
$14k
Benefits
$27k
CEO Phoe/pot
75th to 90th percentile
$429k
$479k
Base
$390k
Bonus
Other
$690
Benefits
$27k
VP CFO Phoen
75th to 90th percentile
$313k
$350k
Base
$294k
Bonus
Other
$2k
Benefits
$9k
CEO Thp Term
75th to 90th percentile
$311k
$347k
Base
$223k
Bonus
Other
$40k
Benefits
$18k
VP Cno Phoen
Board Vice President
Median to 75th percentile
$302k
$338k
Base
$230k
Bonus
$47k
Other
$1k
Benefits
$19k
Physician
Highest Compensated Employee
Median to 75th percentile
$271k
$303k
Base
$234k
Bonus
Other
$9k
Benefits
$19k
Physician
Highest Compensated Employee
Median to 75th percentile
$269k
$301k
Base
$197k
Bonus
Other
$63k
Benefits
$453
COO Th
75th to 90th percentile
$253k
$283k
Physician
Highest Compensated Employee
Median to 75th percentile
$245k
$274k
Base
$232k
Bonus
Other
$5k
Benefits
$450
EVP Business
Executive Vice President
25th percentile to medianvs Health Care peers nationwide
$208k
$233k
Evp/ceo Prov
Key Employee
25th percentile to median
$206k
$230k
Evp/cmo Towe
Key Employee
25th percentile to median
$204k
$228k
Former CEO C
Former Officer/director/trustee
Median to 75th percentile
$196k
$219k
Base
$16k
Bonus
Other
$180k
Benefits
SVP Assoc. C
Senior Vice President
10th to 25th percentile
$91k
$102k
Board Secret
Board Secretary
Median to 75th percentilevs Health Care peers nationwide
$22k
$24k
Former EVP C
Executive Vice President
Below 10th percentilevs Health Care peers nationwide
$16k
$18k
Board Treas
Officer (Unspecified)
$13k
$14k
SVP Support
Senior Vice President
Below 10th percentile
$12k
$14k
Former Cno P
Former Officer/director/trustee
Below 10th percentile
$10k
$11k
SVP Cno Term
Senior Vice President
Below 10th percentile
$9k
$10k
Former Pres/
Former Officer/director/trustee
Below 10th percentile
$8k
$9k

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 11 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at TOWER HEALTH equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 3%
from 2022

From $597k in 2022 to $580k in 2023.

$597k
2022
$580k
2023
In today's dollarsEst.
Down 6% in real terms$689k to $648k

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.

Pay for the position

Chief Executive Officer pay fell 3% from 2022 to 2023, while revenue fell 24%.

$597k in 2022 to $580k in 2023.
  • Chief Financial Officer pay rose 22% from 2022 to 2023.
  • Board Vice President pay fell 30% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TOWER HEALTH

What does the Chief Executive Officer of TOWER HEALTH earn?

In 2023, the Chief Executive Officer of TOWER HEALTH received $580,452 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TOWER HEALTH compare with similar nonprofits?

Compared with the same role at Health Care organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at TOWER HEALTH falls between the 75th and 90th percentiles. In 2023, the highest total compensation at TOWER HEALTH equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are TOWER HEALTH's revenue and expenses?

In 2023, TOWER HEALTH reported $406.6M in total revenue and $514.2M in total expenses on its IRS Form 990.

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