2025-05-14T19:50:53-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 2850 QUARRY LAKE DRIVE SUITE 306 BALTIMORE MD 21209 990 2023-07-01 520607921 MCCREADY FOUNDATION INC MCCR 4109681200 201 HALL HIGHWAY CRISFIELD MD 21817 STEPHANIE GARY CFO 4109681200 2025-05-14 1 1 MARY TORRETTA P00847851 7038477500 2023 2025-03-06 01:10:19Z STEPHANIE GARY 100 E CARROLL STREET SALISBURY MD 21804 8734576 0 X WWW.TIDALHEALTH.ORG X 1923 MD NURSING HOME AND ASSISTED LIVING FACILITY. 3 0 0 6 0 0 70000 35000 7882330 7848298 8294 32123 705559 819155 8666183 8734576 0 0 0 0 8319499 8866118 0 0 33704 4949357 4101949 13268856 12968067 -4602673 -4233491 12102731 11330902 8653006 8373206 3449725 2957696 PROVIDE HIGH QUALITY, COMPASSIONATE HEALTHCARE THROUGH AN EFFICIENT AND DIVERSIFIED SERVICE NETWORK, MAINTAINING AND IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE OVER THEIR LIFETIME. 0 0 9845216 7209399 ALICE BYRD TAWES NURSING AND REHABILITATION CENTER ALICE B TAWES NURSING AND REHABILITATION CENTER IN CRISFIELD, MARYLAND OFFERS INPATIENT SKILLED NURSING SERVICES FOR PATIENTS WHO ARE RECOVERING FROM ILLNESS OR INJURY AND ARE NOT READY FOR HOME RECOVERY. THE CENTER ALSO OFFERS LONG-TERM AND RESPITE CARE OPTIONS FOR RESIDENTS THAT ARE UNABLE TO LIVE INDEPENDENTLY AT HOME. THE FACILITY HAS 76 LICENSED BEDS WITH RESIDENTS LIVING IN PRIVATE OR SEMI-PRIVATE ROOMS. 1694845 863957 CHESAPEAKE COVE ASSISTED LIVINGCHESAPEAKE COVE ASSISTED LIVING IS LOCATED IN CRISFIELD, MARYLAND AND OFFERS RESIDENTS FULL-TIME NON-MEDICAL CARE WHILE ENJOYING ARRANGED TRANSPORTATION AND ASSISTANCE WITH THEIR ACTIVITIES OF DAILY LIVING. RESIDENTS CAN PARTICIPATE IN COMMUNITY EVENTS AND ACTIVITIES, SUCH AS GROUP OUTINGS, EXERCISE CLASSES AND MOVIE NIGHTS. 11540061 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X DEAN A SWINGLE DIRECTOR OF FINANCE 3025365203 100 EAST CARROLL ST SALISBURY MD 21801 STEPHANIE GARY BOARD MEMBER/CFO TIDALHEALTH 1.00 53.00 X X 0 589051 59652 JAMES TRUMBLE MD BOARD MEMBER 1.00 50.00 X 0 453918 37369 KATHRYN FIDDLER CHAIRPERSON 1.00 51.00 X X 0 384119 45831 CAMESHA SPENCE DIRECTOR OF ACCOUNTING 50.00 0.00 X 0 194606 24494 BRUCE I RITCHIE FORMER OFFICER TO 01/2023 0.00 50.00 X 0 426118 29687 0 2047812 197033 0 1 1 0 0 35000 35000 NURSING HOME 622000 6984341 6984341 ASSISTED LIVING 622000 863957 863957 7848298 32123 32123 528866 0 528866 528866 528866 PAY FOR PERFORMANCE REVENUE 623000 225058 225058 MISCELLANEOUS REVENUE 623000 41394 41394 CAFETERIA 623000 23837 23837 290289 8734576 8073356 0 626220 203511 203511 6820357 6252646 549449 18262 230075 204813 24664 598 1098165 977587 117723 2855 514010 457572 55102 1336 4620 4620 681947 607069 73105 1773 123832 110235 13275 322 38443 34222 4121 100 511148 455024 54795 1329 187690 167082 20120 488 631625 562273 67710 1642 187150 166601 20062 487 SUPPLIES 1035368 921685 110991 2692 FOOD 413429 368034 44320 1075 DRUGS 179280 159595 19219 466 BAD DEBT EXPENSE 107417 95623 11515 279 12968067 11540061 1394302 33704 589448 354327 293827 299721 780542 700944 42649 39666 41265 40000 13140513 3300269 10355000 9840244 0 56000 12102731 11330902 732736 696748 56399 56399 7863871 7620059 8653006 8373206 X 3449725 2957696 3449725 2957696 12102731 11330902 X -4233491 3741462 X 0 1 X 1 0 X 38985 84343 1388654 70000 35000 1616982 18185804 7432175 8484669 8026373 8073356 50202377 18224789 7516518 9873323 8096373 8108356 51819359 0 0 0 51819359 175248 542305 528866 537160 560989 2344568 175248 542305 528866 537160 560989 2344568 22036 528831 -161308 32650 65231 487440 18422073 8587654 10240881 8666183 8734576 54651367 0.94820 0.96820 0.04290 0.02570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 257323 7526 552 4068 260229 255265 5995 521 3416 257323 253470 41080 -35619 294 3372 255265 251168 -90982 96163 2879 253470 863289 -244944 877674 1242972 1879 251168 1.00000 0 0 1800000 1800000 9637475 2005233 7632242 1498531 1171552 326979 204507 123484 81023 9840244 X PART V, LINE 4: INTENDED USES OF THE ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE MISSION OF THE ORGANIZATION TO PROVIDE HIGH QUALITY HEALTHCARE. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITION (ASC 740) THE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF TIDALHEALTH, INC. THE RELEVANT TEXT OF THE INCOME TAX FOOTNOTE FROM THOSE FINANCIALS IS: THE HEALTH SYSTEM HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2024 AND 2023. 0 1 0 0 0 0 0 0 0 STEPHANIE GARY BOARD MEMBER/CFO TIDALHEALTH 0 509284 0 78505 0 1262 0 36919 0 22733 0 648703 0 0 JAMES TRUMBLE MD BOARD MEMBER 0 399129 0 54789 0 0 0 19863 0 17506 0 491287 0 0 BRUCE I RITCHIE FORMER OFFICER TO 01/2023 0 167966 0 0 0 258152 0 28600 0 1087 0 455805 0 217958 KATHRYN FIDDLER CHAIRPERSON 0 335624 0 47277 0 1218 0 43626 0 2205 0 429950 0 0 CAMESHA SPENCE DIRECTOR OF ACCOUNTING 0 170889 0 14189 0 9528 0 11196 0 13298 0 219100 0 0 PART I, LINE 3 PROCESS FOR DETERMINING COMPENSATION A COMPENSATION COMMITTEE OF TIDALHEALTH INC. (THI), THE SOLE CORPORATE MEMBER OF THE FILING ORGANIZATION, DETERMINES THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR OF THE ORGANIZATION. THE COMPENSATION COMMITTEE USES AN INDEPENDENT CONSULTANT, COMPENSATION SURVEYS, AND OTHER ORGANIZATION'S FORM 990 IN THE DETERMINATION PROCESS AND KEEPS CONTEMPROANEOUS RECORDS OF DECISIONS MADE. PART I, LINE 4B SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN THI HAS A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN (UNDER SECTION 457(F)). THIS PLAN WAS APPROVED BY THE COMPENSATION COMMITTEE OF THE THI BOARD OF DIRECTORS TO SUPPLEMENT THE EXECUTIVE'S RETIREMENT INCOME. THE SUPPLEMENTAL RETIREMENT PLAN WAS DEVELOPED BASED ON AN INDEPENDENT CONSULTANT REPORT ON MARKET-BASED PRACTICES FOR SUPPLEMENTAL RETIREMENT PLANS. THE PERCENTAGE OF FINAL AVERAGE PAY, THE REQUIREMENTS FOR VESTING, PARTICIPANTS, AND PAY-OUT PROVISIONS WERE ESTABLISHED, REVIEWED, AND APPROVED BY THE COMPENSATION COMMITTEE. THE CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN ARE INCLUDED IN SCHEDULE J, PART II, COLUMN C OR IN SCHEDULE J, PART II, COLUMN B(III) AS PART OF DEFERRED COMPENSATION. THE FOLLOWING INDIVIDUAL PARTICIPATED IN THIS SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: BRUCE RITCHIE THE FOLLOWING INDIVIDUAL RECEIVED A DISTRIBUTION DURING 2023 BASED ON THEIR PLAN'S VESTING DATE: BRUCE RITCHIE $217,958 PART I, LINE 6A, 6B AND 7: CONTINGENT COMPENSATION AND NON-FIXED PAYMENTS OFFICERS OF THE FILING ORGANIZATION ARE PAID BY THI. THE COMPENSATION IS DETERMINED BY A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOALS AS WELL AS ORGANIZATION OPERATIONAL ACHIEVEMENTS IN SERVICE, QUALITY, SAFETY, EMPLOYEE SATISFACTION, AND COST. THE FINAL DETERMINATION OF THE CONTINGENT COMPENSATION AMOUNT IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW OF OFFICERS. FORM 990, PART V, LINES 1A & 2A THE FILING ORGANIZATION HAS ENTERED "0" IN PART V, LINE 1A AND LINE 2A BECAUSE THE ORGANIZATION'S 1099 AND W-2 RETURNS ARE FILED BY AND UNDER THE NAME AND EIN OF TIDALHEALTH, INC., A RELATED ENTITY, UNDER A SHARED SERVICES AGREEMENT. ACCORDINGLY, THE REQUIRED DISCLOSURES RELATED TO EMPLOYEES AND INDEPENDENT CONTRACTORS ARE INCLUDED ON THE FORM 990 OF TIDALHEALTH, INC. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS/STOCKHOLDERS TIDALHEALTH, INC. IS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF GOVERNING BODY IN ITS CAPACITY AS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION, TIDALHEALTH, INC. HAS THE ABILITY TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL OF GOVERNING BODY DECISIONS AS THE SOLE CORPORATE MEMBER, TIDALHEALTH, INC. ALSO HAS THE ABILITY TO APPROVE MAJOR EXPENDITURES AND LONG-TERM BORROWINGS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS OF FORM 990 THE COMPLETION OF THE ORGANIZATION'S FORM 990 HAS BEEN DELEGATED TO THE AGENT OF THE ORGANIZATION BY THE PRESIDENT OF TIDALHEALTH, INC., THE PARENT CORPORATION. THE AGENT OF THE ORGANIZATION IS ALSO THE CHIEF FINANCIAL OFFICER OF THI. THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE PRESIDENT OF THI. A COPY OF THE FORM 990 WAS MADE AVAILABLE TO ALL MEMBERS OF THE FILING ORGANIZATION'S GOVERNING BODY PRIOR TO THE FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY A CONFLICT OF INTEREST POLICY HAS BEEN ADOPTED BY THE ORGANIZATION'S BOARD OF DIRECTORS/EXECUTIVE COMMITTEE. THE BOARD OF DIRECTORS IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY AND ALL INTERESTS WHICH THEY OR ANY IMMEDIATE FAMILY MEMBER MAY HAVE IN ANY BUSINESS ENTITY WHICH HAS OR SEEKS A CONTRACTUAL OR COMPETITIVE RELATIONSHIP WITH THE ORGANIZATION. THE BOARD WILL HAVE THE AUTHORITY TO DETERMINE IF A VIOLATION HAS OCCURRED AND WHETHER ANY INTEREST WHICH SHOULD BE DISCLOSED SHOULD DISQUALIFY A DIRECTOR FROM PARTICIPATING IN ANY SPECIFIC BOARD DISCUSSION OR BOARD MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION A COMPENSATION COMMITTEE OF TIDALHEALTH INC. (THI), THE SOLE CORPORATE MEMBER OF THE FILING ORGANIZATION, DETERMINES THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR OF THE ORGANIZATION. THE COMPENSATION COMMITTEE USES AN INDEPENDENT CONSULTANT, COMPENSATION SURVEYS, AND OTHER ORGANIZATION'S FORM 990 IN THE DETERMINATION PROCESS AND KEEPS CONTEMPORANEOUS RECORDS OF DECISIONS MADE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE ORGANIZATION OR THE PUBLIC INFORMATION OFFICE OF TIDALHEALTH PENINSULA REGIONAL, INC. AT 100 EAST CARROLL STREET, SALISBURY, MD 21801. FORM 990, PART XI, LINE 9: NET CHANGE IN INTERCOMPANY PAYABLES 3,731,430. NET CHANGE IN VALUE OF PENSION ASSET 10,032. TIDALHEALTH PENINSULA REGIONAL INC 100 EAST CARROLL STREET SALISBURY MD 21801 520591628 HOSPITAL MD 501(C)(3) LINE 3 TIDALHEALTH INC 0 TIDALHEALTH INC 100 EAST CARROLL STREET SALISBURY MD 21801 522132761 PARENT MD 501(C)(3) LINE 10 N/A 0 TIDALHEALTH FOUNDATION INC 100 EAST CARROLL STREET SALISBURY MD 21801 521851935 FUNDRAISING MD 501(C)(3) LINE 7 TIDALHEALTH INC 0 TIDALHEALTH PHYSICIAN NETWORK 801 MIDDLEFORD ROAD SEAFORD DE 19973 510224470 HEALTH SERVICES DE 501(C)(3) LINE 10 TIDALHEALTH INC 0 TIDALHEALTH NANTICOKE INC 801 MIDDLEFORD ROAD SEAFORD DE 19973 510069243 HOSPITAL DE 501(C)(3) LINE 3 TIDALHEALTH INC 0 DELMARVA PENINSULA INSURANCE COMPANY PO BOX 1159 GRAND CAYMAN CJ KY1-1102 981110617 INSURANCE CJ 501(C)(3) TIDALHEALTH INC 0 PENINSULA GENERAL HOSPITAL INS TRUST 100 EAST CARROLL STREET SALISBURY MD 21801 526321234 INSURANCE MD 501(C)(3) LINE 12C, III-FI TIDALHEALTH INC 0 DELMARVA ENDOSC CTR 11103 CATHAGE ROAD BERLIN MD 21811 831509115 HEALTH CARE MD N/A 0 0 PENINSULA HEALTH VENTURES (PHV) 100 EAST CARROLL STREET SALISBURY MD 21801 522250012 P'SHIP INVESTMENT MD N/A C 0 PRLTC INC 100 EAST CARROLL STREET SALISBURY MD 21801 522190588 LONG TERM CARE MD N/A C 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 1