Rex Hospital Inc

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Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561509260 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Rex Hospital Inc?

Rex Hospital Inc, located in Raleigh, North Carolina, is a renowned healthcare organization frequently ranked among the top hospitals in the state and nation. With a team of over 7,900 employees, Rex Hospital provides excellent patient care, earning straight "A" grades from the Leapfrog Group for hospital safety since 2012. They offer a wide range of healthcare services, from heart and vascular procedures to maternity care and emergency services. Their commitment to nursing excellence has led to Magnet status recognition from the American Nurses Credentialing Center. Rex Hospital also strives to address food insecurity by operating a food pantry for patients in need, and they're known for their innovative culinary program. During the pandemic, Rex Hospital has been at the forefront of caring for thousands of COVID-19 patients, managing a massive vaccination effort, and implementing ongoing testing processes. In late 2021, they opened a new community hospital in Holly Springs, expanding medical care and services to a rapidly growing region. In addition, Rex Hospital is deeply committed to the community, offering outreach programs and initiatives to support patients and their families.


Official website here: www.rexhealth.com

Is Rex Hospital Inc legitimate?

Rex Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rex Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $6,676,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,434,914

For more financial information, click here


Official website here: www.rexhealth.com

What is the mission statement of Rex Hospital Inc?

Rex Hospital Inc is dedicated to improving the health and well-being of individuals they serve. They accomplish this through leadership and excellence in patient care, education, and research. Rex Hospital is recognized for its outstanding patient care, earning top hospital rankings and awards, including straight "A" grades for safety since 2012. Their team of nurses is in the top 2% in the nation, as they have earned Magnet status for nursing care. Rex Hospital also focuses on community outreach and providing essential medical services to underserved areas. In response to the pandemic, they opened a special respiratory isolation unit and organized a massive vaccination effort. Additionally, they opened a new community hospital in Holly Springs, offering much-needed medical care and services to residents in a rapidly growing region. The hospital includes a full-range of services, including a maternity ward and a food pantry to support patients and their families who struggle with food access.


Official website here: www.rexhealth.com

Who is the CEO of Rex Hospital Inc?

Ernest Bovio Jr is the Principal Officer of Rex Hospital Inc. The CEO's salary of Rex Hospital Inc is $0 and their total compensation is $516,484.


Official website here: www.rexhealth.com

What is the revenue of Rex Hospital Inc?

Rex Hospital Inc's revenue in 2022 was $1,491,892,041.


Official website here: www.rexhealth.com

Who are the executives of Rex Hospital Inc and what are their salaries?

The average compensation at Rex Hospital Inc during 2022 was $70,470. There are 7,934 employees and 387 volunteers at Rex Hospital Inc.

Here are 36 key members and their salaries (Rex Hospital Inc's CEO's salary is $0 and their total compensation is $516,484):

    A Wesley Burks Md (Director)
  • Compensation: $0
  • Related: $1,887,163
  • Other: $575,059

    • Joseph M Bumgarner (Physician)
  • Compensation: $2,001,683
  • Related: $0
  • Other: $32,142

    • Joseph M Falsone (Physician)
  • Compensation: $1,879,547
  • Related: $0
  • Other: $21,561

    • Benjamin G Atkeson (Physician)
  • Compensation: $1,854,431
  • Related: $0
  • Other: $14,972

    • Mohit Pasi (Physician)
  • Compensation: $1,749,011
  • Related: $0
  • Other: $21,561

    • Deepak Pasi (Physician)
  • Compensation: $1,696,486
  • Related: $0
  • Other: $21,561

    • Stephen W Burriss (Director)
  • Compensation: $0
  • Related: $1,235,156
  • Other: $242,300

    • Ernest L Bovio Jr (President) [Trustee/Director]
  • Compensation: $793,911
  • Related: $0
  • Other: $125,392

    • Rig S Patel Md (Director)
  • Compensation: $844,318
  • Related: $0
  • Other: $37,646

    • Susan G Moore (Vp/Unc Rex Physicians)
  • Compensation: $658,361
  • Related: $0
  • Other: $99,560

    • Linda H Butler Md (Vp/Medical Affairs, Cmo & Cmio)
  • Compensation: $599,202
  • Related: $0
  • Other: $103,799

    • Andrew K Zukowski (Cfo & Treasurer)
  • Compensation: $469,022
  • Related: $0
  • Other: $76,311

    • Kirsten Riggs (Coo)
  • Compensation: $441,640
  • Related: $0
  • Other: $80,783

    • Gary L Park (Former Ceo)
  • Compensation: $0
  • Related: $353,249
  • Other: $163,235

    • Sylvia D Hackett (Vp/Rex Healthcare Foundation)
  • Compensation: $426,446
  • Related: $0
  • Other: $83,468

    • Robert D Ricker (Vp/Physician Services)
  • Compensation: $371,669
  • Related: $0
  • Other: $110,716

    • Joel D Ray (Vp/Patient Care Svcs & Cno)
  • Compensation: $411,424
  • Related: $0
  • Other: $49,798

    • Tate Bombard (Vp/General Counsel & Secretary)
  • Compensation: $0
  • Related: $343,177
  • Other: $61,988

    • Roy C Tempke (Vp)
  • Compensation: $338,915
  • Related: $0
  • Other: $59,569

    • Timothy M Hester (Vp/Physician Services)
  • Compensation: $287,350
  • Related: $0
  • Other: $49,243

    • Benjamin J Mathew (Asst Teasury & Asst Secretary)
  • Compensation: $0
  • Related: $299,493
  • Other: $31,910

    • Diana G Massa (Vp)
  • Compensation: $259,212
  • Related: $0
  • Other: $31,434

    • Chad N Anderson (Vp/Clinical Operations)
  • Compensation: $250,158
  • Related: $0
  • Other: $34,828

    • Meghan E Hooley (Asst Teasury & Asst Secretary)
  • Compensation: $170,671
  • Related: $0
  • Other: $19,973

    • Ann S Collins Md (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catharine B Arrowood (Director/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin T Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa C Artis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney A Crowder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa A Fitzpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin D Howell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David F Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert B Oakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby T Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Pearson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Sandner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rexhealth.com

    Where can I find the form 990 for Rex Hospital Inc?

    The Rex Hospital Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rexhealth.com

    Learn more at the official website: www.rexhealth.com

    Mission Statement of Rex Hospital Inc

    Rex Hospital Inc, a leading healthcare provider, is dedicated to enhancing the health and well-being of individuals in their community. With a mission to provide leadership and excellence in patient care, education, and research, Rex Hospital strives to inspire hope and healing for all.

    Rex Hospital's commitment to patient care goes beyond the hospital walls. It has consistently earned top awards and recognition, including straight "A" grades since 2012 from The Leapfrog Group, and ranking among the top hospitals in North Carolina and the nation. Its team of healthcare professionals delivers a wide range of services, from heart and vascular procedures to minimally invasive surgeries, catering to patients of all socio-economic backgrounds.

    Moreover, Rex Hospital is renowned for its Magnet recognition, an honor bestowed upon healthcare organizations for nursing excellence. It employs over 8,000 dedicated staff members, offering excellent benefits and creating a positive work environment. During the pandemic, Rex Hospital teams have worked tirelessly, opening a special respiratory isolation unit and initiating a massive vaccination effort. The organization also established a food pantry to address food insecurity among its patients.

    Rex Hospital's dedication to education and research is evident in its partnerships and achievements. It provides opportunities for healthcare professionals to learn and grow through its Professional Education team and offers a Chef-based program, attracting international recognition. Rex Hospital also collaborates with various community organizations to expand medical care and support services in under-served areas. With a focus on improving lives and creating a healthier future, Rex Hospital truly embodies the spirit of inspiration, hope, and healing.

    Impact

    This information is meant to be a general summary of Rex Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rex Hospital Inc's impact is substantial and far-reaching. It stands as a beacon of quality healthcare in North Carolina and across the nation. Rex Hospital Inc has garnered numerous accolades and recognitions for its commitment to excellence and patient safety. It has set the bar high for healthcare providers by consistently receiving top grades and awards for its outstanding services.

    The hospital's dedication to inspiring hope, improving health, and healing communities is evident in its wide range of services and initiatives. From providing cutting-edge medical treatments to offering support and outreach programs, Rex Hospital Inc is actively contributing to the well-being of individuals and families.

    Additionally, Rex Hospital Inc's expansion efforts, such as the establishment of a new community hospital in Holly Springs, demonstrate its commitment to ensuring accessible healthcare services for growing populations. The hospital's innovative programs, like the food pantry initiative and chef-based culinary offerings, further showcase its holistic approach to healthcare.

    Overall, Rex Hospital Inc's impact is profound, as it not only delivers exceptional medical care but also strives to enhance the overall quality of life for its patients and the community at large.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,595,651
  • Program Service Revenue: $1,445,923,051
  • Gross Receipts: $1,493,841,780

    • Assets and Liabilities:
  • Total Assets: $1,799,963,409
  • Total Liabilities: $853,409,629
  • Net Assets: $946,553,780
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT SERVICE REVENUE

    Revenue

    $1,384,088,840

    ALL OTHER PROGRAM SERVICE REVENUE

    Revenue

    $61,834,211

    Organization Details

    Founding Year

    1986

    Principal Officer

    Ernest Bovio Jr

    Main Address

    4420 LAKE BOONE TRAIL, RALEIGH, NC, 27607

    NTEE Category

    Code: E22 - Health

    If you are a representative of Rex Hospital Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.