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Filing year 2023

TOWER HEALTH MEDICAL GROUP

Reading, Pennsylvania·EIN 23-2266054·501(c)(3)
Total revenue
$217.6M
Total assets
$42.3M
Total expenses
$379.5M
Reported officers
24
Mission

TOWER HEALTH MEDICAL GROUP IS THE REGION'S PREMIER PHYSICIAN-DIRECTED, MULTI-SPECIALTY GROUP OF HEALTH CARE PROFESSIONALS WHO PARTICIPATE WITH TOWER HEALTH IN MANAGING POPULATION HEALTH AND PROMOTING WELLNESS, DELIVERING HEALTH CARE THAT IS READILY ACCESSIBLE, COMPASSIONATE, AND OF THE HIGHEST QUALITY AND VALUE, AND ENGAGING IN CLINICAL RESEARCH AND THE EDUCATION OF HEALTH CARE PROFESSIONALS AND OUR COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Physician
Highest Compensated Employee
Above 90th percentile
$1.1M
$1.2M
Base
$728k
Bonus
$181k
Other
$148k
Benefits
$19k
Physician
Highest Compensated Employee
Above 90th percentile
$1.1M
$1.2M
Base
$646k
Bonus
$42k
Other
$342k
Benefits
$26k
Physician
Highest Compensated Employee
Above 90th percentile
$1.1M
$1.2M
Base
$658k
Bonus
$36k
Other
$339k
Benefits
$9k
Physician
Highest Compensated Employee
Above 90th percentile
$1M
$1.2M
Base
$712k
Bonus
$6k
Other
$283k
Benefits
$19k
Physician
Highest Compensated Employee
Above 90th percentile
$950k
$1.1M
Base
$737k
Bonus
$65k
Other
$134k
Benefits
$3k
SVP CFO
Above 90th percentile
$565k
$631k
Base
$340k
Bonus
$103k
Other
$51k
Benefits
$10k
Former SVP C
Senior Vice President
75th to 90th percentile
$410k
$458k
Base
Bonus
Other
$392k
Benefits
$18k
Evp/ceo Prov
Key Employee
Median to 75th percentile
$206k
$230k
Evp/ceo Prov
Former Officer/director/trustee
Median to 75th percentile
$204k
$228k
Former Treas
Former Officer/director/trustee
25th percentile to median
$91k
$102k
Secretary
Secretary (Operational)
25th percentile to median
$22k
$24k
Treasurer 7/
10th to 25th percentile
$13k
$14k
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.

Down 35%
from 2022

From $1.7M in 2022 to $1.1M in 2023.

$1.7M
2022
$1.1M
2023
In today's dollarsEst.
Down 37% in real terms$1.9M to $1.2M

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

Highest Compensated Employee pay fell 35% from 2022 to 2023, while revenue fell 3%.

$1.7M in 2022 to $1.1M in 2023.
  • Chief Financial Officer pay rose 12% from 2022 to 2023.
  • Key Employee pay rose 2% 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.
Financial trend

Revenue and expenses over time

TOWER HEALTH MEDICAL GROUP reported revenue and expenses across 2 filing years.

RevenueExpenses
$225.3M
$405.4M
2022
$217.6M
$379.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TOWER HEALTH MEDICAL GROUP

What does the Highest Compensated Employee of TOWER HEALTH MEDICAL GROUP earn?

In 2023, the Highest Compensated Employee of TOWER HEALTH MEDICAL GROUP received $1,086,997 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at TOWER HEALTH MEDICAL GROUP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at TOWER HEALTH MEDICAL GROUP falls in the top 10%.

What are TOWER HEALTH MEDICAL GROUP's revenue and expenses?

In 2023, TOWER HEALTH MEDICAL GROUP reported $217.6M in total revenue and $379.5M in total expenses on its IRS Form 990.

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