IRS Form 990 · EIN 47-3054125

Reading Hospital Foundation

Reading, PA 19612-6052 · Tax year 2023

NTEE E21Hospital System

$6.5M

Total revenue

$2.6M

Total expenses

$4.0M

Net income

61.0%

Operating margin

Financial summary

Compared to 25 organizations with NTEE E21 in PA

Avg revenue (peers)

$195.1M

This org:$6.5M

Avg net income (peers)

$-285K

This org:$4.0M

Avg top exec comp (peers)

$208K

This org (highest):$366K

23 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
KATHERINE THORNTON	PRESIDENT OF	50	$271K	$366K
CHARLES BARBERA MD	BOARD MEMBER	2	—	$209K
DAN AHERN	BOARD MEMBER	2	—	$206K
VINTI SHAH DO	BOARD MEMBER	2	—	$5K
LARRY ROTENBERG MD	BOARD MEMBER	2	—	$505
RICHARD CLOSE	BOARD MEMBER	2	—	—
PAUL COHN	CHAIR	2	—	—
PETER CONNORS	BOARD MEMBER	2	—	—
MIKE ROMEO DO	BOARD MEMBER	2	—	—
RICHARD EHST	BOARD MEMBER	2	—	—
C THOMAS WORK ESQ	BOARD MEMBER	2	—	—
VICTOR HAMMEL	BOARD MEMBER	2	—	—
CHRIS KRARAS	BOARD MEMBER	2	—	—
KAREN RIGHTMIRE	BOARD MEMBER	2	—	—
JEFF RUSH	TREASURER	2	—	—
JOHN SCHOLL	BOARD MEMBER	2	—	—
MIKE TOLEDO	BOARD MEMBER	2	—	—
JOHN WEIDENHAMMER	BOARD MEMBER	2	—	—
BUNNY ZINTAK	BOARD MEMBER	2	—	—
CHRISSY AUMAN	BOARD MEMBER	2	—	—
PAULA BARRETT	VICE CHAIR	2	—	—
MARY ELLEN BATMAN	SECRETARY	2	—	—
JAMES BOSCOV	BOARD MEMBER	2	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$6.5M	$2.6M	$4.0M	$46.3M
2022	$4.0M	$2.6M	$1.4M	$40.7M
2021	$5.9M	$2.6M	$3.3M	$47.7M
2020	$1.5M	$1.5M	$20K	$35.9M
2019	$4.7M	$3.0M	$1.7M	$35.6M
2018	$1.8M	$804K	$1.0M	$32.8M
2017	—	$562K	—	$-1.0M
2016	—	$451K	—	$-456K
2015	—	$41K	—	—

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