TOWER HEALTH AT HOME FKA TOWER HEALTH AT HOME - BERKS

EIN: 231466250 501(c)(3) Health Care

READING, PA

Total Revenue
$20,098,854
Total Expenses
$20,699,835
Total Assets
$7,161,675
Net Assets
$5,356,003
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
PA
Principal Officer
WILLIAM DUNSTAN
Phone
6103780481
Tax Period
2024-01-01 to 2024-12-31

TOWER HEALTH AT HOME FKA TOWER HEALTH AT HOME - BERKS, founded in 1916, is a mid-sized nonprofit in the Health Care sector that reported $20.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PROVIDE HEALTH/SOCIAL SERVICES TO MEET THE NEEDS OF INDIVIDUALS AND FAMILIES AT THEIR RESIDENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $562,616
Program Service Revenue $19,469,956
Investment Income $64,321
Other Revenue $1,961
TOTAL REVENUE $20,098,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,870,585
Fundraising Expenses $0
Program Expenses $14,515,003
Other Expenses $4,829,250
TOTAL EXPENSES $20,699,835

Year-over-Year Comparison

2024 2023 Change
Revenue $20,098,854 $18,083,752 +0.1%
Expenses $20,699,835 $19,753,427 +0.0%
Net Income $-600,981 $-1,669,675 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
2
Employees
151
Volunteers
2

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$3,190,410
Total Directors
6
$3,190,410
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL AHERN THAH CHAIR 0.50
Officer Director
$0 $216,350 $1,306,746
CHARLES BARBERA MD THAH VICE CH 0.50
Officer Director
$0 $239,402 $1,229,468
WILLIAM DUNSTAN THAH CEO 50.00
Officer Director
$369,048 $45,346 $414,394
KEVIN SCOTT THAH TREASUR 40.00
Officer Director
$206,246 $33,556 $239,802
SHEILA BAUBLITZ THAH CNO 40.00
Highest
$196,307 $19,395 $215,702
LISA REESE DIR OF HOME 40.00
Highest
$149,668 $27,300 $176,968
KELLY OECHSLIN DIR OF HOSPI 40.00
Highest
$132,260 $39,926 $172,186
MICHELLE HUMMELL THAH CLINICA 40.00
Highest
$128,504 $30,286 $158,790
SHELLY RALSTON THAH RN 40.00
Highest
$122,114 $10,502 $132,616
JOANNE JUDGE BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTOPHER TURTELL BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $20,098,854 $20,699,835 $7,161,675 $-600,981
2023 $18,083,752 $19,753,427 $6,513,510 $-1,669,675
2022 $18,177,547 $19,131,779 $7,207,097 $-954,232
2021 $16,126,875 $15,736,939 $6,780,248 $389,936
2020 $12,601,421 $12,715,169 $5,003,138 $-113,748
2019 $10,000,041 $10,200,095 $4,207,172 $-200,054
2018 $5,637,014 $10,673,793 $7,649,926 $-5,036,779
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