IRS Form 990 · EIN 26-4750523

Glade Run Medical Associates

Kittanning, PA 16201-7111 · Tax year 2023

$6.7M

Total revenue

$14.5M

Total expenses

$-7.8M

Net income

-117.4%

Operating margin

Financial summary

Compared to 25 organizations with NTEE E21 in PA

Avg revenue (peers)

$195.0M

This org:$6.7M

Avg net income (peers)

$208K

This org:$-7.8M

Avg top exec comp (peers)

$208K

This org (highest):$818K

9 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
BERT HEPNER	PHYSICIAN	39	$570K	$818K
JATINDER KUMAR	PHYSICIAN	39	$471K	$611K
CURT CONRY	PHYSICIAN	39	$523K	$540K
NATHAN FORMAINI	PHYSICIAN	39	$242K	$529K
MUHAMMAD UMAR ALAM	PHYSICIAN	39	$402K	$429K
JOHN I LEWIS	PRESIDENT / CEO	1	—	—
JAMES BACKSTROM	CHIEF MEDICAL OFFICER	1	—	—
MATTHEW KOCIOLA	CHIEF FINANCIAL OFFICER	1	—	—
VOLKER ZAUN	SECRETARY / TREASURER	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$6.7M	$14.5M	$-7.8M	$1.5M
2022	$8.8M	$15.3M	$-6.5M	$1.4M
2021	$7.8M	$13.3M	$-5.4M	$1.2M
2020	$8.0M	$12.3M	$-4.3M	$1.6M
2019	$8.5M	$12.2M	$-3.8M	$1.3M
2018	$8.6M	$11.7M	$-3.2M	$1.5M
2017	$8.7M	$11.9M	$-3.2M	$756K
2016	$8.4M	$12.2M	$-3.8M	$624K
2015	$8.8M	$11.6M	$-2.8M	$1.2M
2014	$9.1M	$11.2M	$-2.1M	$667K

This organization appears to be a hospital. Explore additional data sources: