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Nonprofit · EIN 52-2132761

TIDALHEALTH INC

Tax-exempt · SALISBURY, MD 21801

Financials

$179M$232.5M2022$194.7M$243.3M2023$324.2M$333.7M2024
Revenue Expenses · by fiscal year end
Financials of TIDALHEALTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$324,202,464$333,734,203-$9,531,739$1,056,469,749$191,398,785$865,070,964
June 30, 2024990$194,711,624$243,301,933-$48,590,309$928,715,887$153,130,360$775,585,527
June 30, 2023990$179,012,279$232,507,559-$53,495,280$848,592,168$162,015,257$686,576,911
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$58,855,636
Program service revenue
$172,725,905
Investment income
$2,595,693
Other revenue
$90,025,230

Expenses

Grants and similar amounts paid
$109,737
Compensation of officers, directors and key employees
$4,149,722
Other salaries and wages
$151,610,741
Salaries, compensation and benefits (total)
$246,199,444
Professional fundraising fees
$0
Legal fees
$2,731,368
Accounting fees
$700,000
Occupancy
$6,959,528
Travel
$238,596
Depreciation
$1,586,483
Program services (functional)
$202,842,320
Management and general (functional)
$130,891,883

Balance sheet and other

Total assets, start of year
$928,715,887
Total assets, end of year
$1,056,469,749
Total liabilities, end of year
$191,398,785
Net assets, end of year
$865,070,964
Land, buildings and equipment
$17,484,766
Net assets without donor restrictions
$783,017,203
Net assets with donor restrictions
$82,053,761
Gross receipts
$324,202,464
Employees
6,216
Volunteers
13
Year formed
1998
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STEVEN LEONARDPRESIDENT/CEO
Trustee or director, Officer
1$1,341,372$309,149
ISMET LUKOLIC MDPHYSICIAN
Highest-paid employee
40$1,366,784$47,902
ZACHARY BAKER MDPHYSICIAN
Highest-paid employee
40$1,120,451$69,678
FAWAD KHAN MDPHYSICIAN
Highest-paid employee
40$1,104,519$76,633
WILLIAM DORAN DOPHYSICIAN
Highest-paid employee
40$1,098,982$67,830
JOHN HAMILTON MDPHYSICIAN
Highest-paid employee
40$1,020,583$69,752
LURA LUNSFORDV.P. OPERATIONS
Officer
1$926,642$88,352
TRUDY HALL MDV.P. CHIEF MEDICAL OFFICER
Officer
1$699,113$65,960
STEPHANIE GARYCFO
Officer
1$656,804$61,476
MEMO DIRIKERCHAIRPERSON
Trustee or director, Officer
5$30,000$0
VEL NATESAN MDBOARD MEMBER/PHYSICIAN
Trustee or director
1$6,591$0
RYAN MCLAUGHLINIMMEDIATE PAST CHAIRPERSON
Trustee or director, Officer
2$0$0
DAVID ROMMELVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
ANDREA WILLIAMSSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
HEIDI ANDERSONBOARD MEMBER
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
TIMOTHY BENNING MDBOARD MEMBER
Trustee or director
1$0
THOMAS COATESBOARD MEMBER
Trustee or director
1$0
HERBERT J GEARY IIIBOARD MEMBER (THRU 12/24)
Trustee or director
1$0
MARK HIGDONBOARD MEMBER
Trustee or director
1$0
MARIA LEHMANBOARD MEMBER
Trustee or director
1$0
KAREN POISKERBOARD MEMBER
Trustee or director
1$0
MICHELE PROCINO-WELLSBOARD MEMBER
Trustee or director
1$0
DIANE TURNERBOARD MEMBER (BEG 01/25)
Trustee or director
1$0
JULIUS ZANT MDBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM DORAN DOPHYSICIAN
Highest-paid employee
40$1,256,954$69,173
STEVEN LEONARDPRESIDENT/CEO
Trustee or director, Officer
1$1,182,770$97,448
STEVEN HEARNE MDPHYSICIAN
Highest-paid employee
40$1,066,769$142,322
ZACHARY BAKER MDPHYSICIAN
Highest-paid employee
40$1,140,552$66,207
EMMANUEL NSAH MDPHYSICIAN
Highest-paid employee
40$1,005,994$67,904
JOHN HAMILTON MDPHYSICIAN
Highest-paid employee
40$998,472$64,078
LURA LUNSFORDV.P. OPERATIONS
Officer
1$817,408$75,715
TRUDY HALL MDV.P. CHIEF MEDICAL OFFICER
Officer
1$602,369$58,529
STEPHANIE GARYCFO
Officer
1$589,051$59,652
BRUCE RITCHIEFORMER CFO (THRU 01/23)
Former
0$426,118$29,687
VEL NATESAN MDBOARD MEMBER/PHYSICIAN
Trustee or director
1$63,144$0
RYAN MCLAUGHLINIMMEDIATE PAST CHAIRPERSON
Trustee or director, Officer
2$22,500$0
MEMO DIRIKERCHAIRPERSON (BEG 11/23)
Trustee or director, Officer
5$7,500$0
DAVID ROMMELVICE-CHAIRMAN (BEG 11/23)
Trustee or director, Officer
2$0$0
ANDREA WILLIAMSSECRETARY/TREASURER (BEG 11/23)
Trustee or director
1$0$0
DEBORAH ABBOTTBOARD MEMBER (THRU 12/23)
Trustee or director
1$0$0
HEIDI ANDERSONBOARD MEMBER
Trustee or director
1$0$0
TIMOTHY BENNING MDBOARD MEMBER
Trustee or director
1$0$0
THOMAS COATESBOARD MEMBER
Trustee or director
1$0$0
HERBERT J GEARY IIIBOARD MEMBER
Trustee or director
1$0$0
MARK HIGDONBOARD MEMBER
Trustee or director
1$0$0
MARIA LEHMANBOARD MEMBER
Trustee or director
1$0$0
KAREN POISKERBOARD MEMBER
Trustee or director
1$0$0
MICHELE PROCINO-WELLSBOARD MEMBER
Trustee or director
1$0$0
JULIUS ZANT MDBOARD MEMBER (BEG 01/24)
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
STEVEN LEONARDPRESIDENT/CEO
Trustee or director, Officer
1$1,129,120$78,830
STEVEN HEARNE MDPHYSICIAN
Highest-paid employee
40$1,008,008$75,044
WILLIAM DORAN DOPHYSICIAN
Highest-paid employee
40$1,009,703$58,030
JAMES TODD MDPHYSICIAN
Highest-paid employee
40$957,755$97,883
ZACHARY BAKER MDPHYSICIAN
Highest-paid employee
40$976,108$56,901
FAWAD KHAN MDPHYSICIAN
Highest-paid employee
40$938,337$59,166
BRUCE I RITCHIECFO THRU 01/23
Officer
1$732,177$163,746
LURA LUNSFORDV.P. OPERATIONS
Officer
1$748,468$68,177
STEPHANIE GARYCFO BEG 01/23
Officer
1$475,048$43,804
TRUDY HALL MDV.P. CHIEF MEDICAL OFF. BEG 07/22
Officer
1$260,186$32,931
VEL NATESAN MDBOARD MEMBER BEG 1/23
Trustee or director
1$274,577$0
CHARLES SILVIA JR MDFMR VP CHIEF MEDICAL OFF. THRU 01/22
Former
1$158,693$20,329
RYAN MCLAUGHLINCHAIRPERSON
Trustee or director, Officer
2$30,000$0
DAVID ROMMELSECRETARY
Trustee or director, Officer
2$0$0
MEMO DIRIKERTREASURER
Trustee or director, Officer
1$0$0
DEBORAH ABBOTTBOARD MEMBER
Trustee or director
1$0$0
TIMOTHY BENNING MDBOARD MEMBER
Trustee or director
1$0$0
THOMAS COATESBOARD MEMBER
Trustee or director
1$0$0
HERBERT J GEARY IIIBOARD MEMBER
Trustee or director
1$0$0
MARK HIGDONBOARD MEMBER
Trustee or director
1$0$0
MARTIN NEATBOARD MEMBER THRU 12/22
Trustee or director
1$0$0
THOMAS RICCIO MDBOARD MEMBER THRU 12/22
Trustee or director
1$0$0
ANDREA WILLIAMSBOARD MEMBER
Trustee or director
1$0$0
MARIA LEHMANBOARD MEMBER
Trustee or director
1$0$0
MONTGOMERY SAYLERBOARD MEMBER THRU 12/22
Trustee or director
1$0$0
MICHELE PROCINO-WELLSBOARD MEMBER
Trustee or director
1$0$0
HEIDI ANDERSONBOARD MEMBER BEG 04/23
Trustee or director
1$0$0
KAREN POISKERBOARD MEMBER BEG 1/23
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
100 E CARROLL ST, SALISBURY, MD 21801-5422
In care of
% CAMESHA SPENCE
Principal officer (990 for 2024)
STEVEN LEONARD, 100 EAST CARROLL STREET, SALISBURY, MD 21801
Signed the 990
BENNY STOVER, CFO
Phone
(410) 546-6400
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE.

990 for the year ended June 30, 2025

Program accomplishments

  • TIDALHEALTH, INC. (THI) OWNS AND INVESTS IN HEALTHCARE ORGANIZATIONS ON THE DELMARVA PENINSULA IN ORDER TO IMPROVE THE HEALTH OF THE CITIZENS OF THE COMMUNITY WE SERVE. THROUGH THI'S DISREGARDED ENTITY SUBSIDIARIES, THE FILING ORGANIZATION OPERATES A PHYSICIAN NETWORK PROVIDING INTEGRATED PHYSICIAN SERVICES AND AN AMBULATORY SURGERY CENTER FOR THE HEALTH SYSTEM. DURING FY25, THE ORGANIZATION PROVIDED PATIENT CARE IN 803,686 PHYSICIAN VISITS AND 24,571 SURGICAL CASES.
    Expenses $202,842,320 · grants $109,737 · revenue $172,725,905

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-2132761
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Assets (IRS master file)
$1,056,469,749
Income (IRS master file)
$324,202,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$324,202,464$333,734,203$1,056,469,749IRS
990-TJune 2025–––IRS
990June 2024$194,711,624$243,301,933$928,715,887IRS
990-TJune 2024–––IRS
990June 2023$179,012,279$232,507,559$848,592,168XML
990-TJune 2023–––IRS
990June 2022$125,589,713$191,323,860$824,220,157IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2132761).

Questions about TIDALHEALTH INC

What is the EIN of TIDALHEALTH INC?
The employer identification number (EIN) of TIDALHEALTH INC is 52-2132761.
Is TIDALHEALTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to TIDALHEALTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TIDALHEALTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TIDALHEALTH INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TIDALHEALTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TIDALHEALTH INC?
The 990 for the year ended June 30, 2025 names STEVEN LEONARD.
Who are the officers and directors of TIDALHEALTH INC?
The 990 for the year ended June 30, 2025 lists 24 people; 11 received compensation from the organization, the highest $1,341,372 (STEVEN LEONARD, PRESIDENT/CEO).
How much revenue does TIDALHEALTH INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $324,202,464, expenses of $333,734,203 and total assets of $1,056,469,749 at year end.

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