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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Rex Hospital Inc.

Rex Hospital Inc.

Fiscal year ending 2024. Filed on May 8, 2025.

4420 Lake Boone Trail
Raleigh, North Carolina 27607

Rex Hospital Inc. (EIN: 56-1509260) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Rex Hospital Inc., a 501(c)(3) charitable organization, reported compensation for 21 out of 8,326 total employees. Among the employees shown here, the average compensation is $1,000,555. The highest compensated employee at Rex Hospital Inc. is A Wesley Burks, M.D. with fiscal year 2024 compensation of $3,763,432.

Revenue, expenses, and employee compensation

Revenue

$1,733,107,391

Expenses

$1,722,487,808

Employee compensation

$742,752,991
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

A Wesley Burks, M.D.
Director
$3,763,432
$0 $3,069,516 $693,916
Joseph M Bumgarner, M.D.
Physician
$2,027,889
$1,989,337 No related comp$38,552
Dwijesh B Patel, M.D.
Physician
$1,948,141
$1,911,162 No related comp$36,979
Joseph M Falsone, M.D.
Physician
$1,794,813
$1,777,117 No related comp$17,696
Benjamin G Atkeson, M.D.
Physician
$1,777,120
$1,758,424 No related comp$18,696
Mateen Akhtar, M.D.
Physician
$1,767,072
$1,747,595 No related comp$19,477
Ernest L Bovio Jr
Director/President (Thru 1/24)
$1,232,774
$1,099,536 No related comp$133,238
Stephen W Burriss
Director (Thru 7/23)
$896,160
$0 $711,103 $185,057
Susan G Moore
Vp/Unc REX Physicians
$771,954
$674,563 No related comp$97,391
Rig S Patel, M.D.
Director
$625,529
$587,511 No related comp$38,018
Kirsten S Riggs
Chief Operating Officer and Director
$528,309
$452,332 No related comp$75,977
Lorie Rhine
Vp/Patient CARE Services and CNO
$526,985
$440,671 No related comp$86,314

Benchmark Employee Compensation

Non-Employee Board Members

Ann S Collins, M.D.
Chair and Director
Catharine B Arrowood
Vice Chair and Director
Courtney A Crowder
Director
David F Mills
Director
Jason T Sandner
Director
Jeffrey T Lindsay
Director
Kevin D Howell
Director (Thru 2/24)
Kevin T Anderson
Director
Marilyn R Pearson, M.D.
Director
Melissa A Fitzpatrick
Director
Robert B Oakes
Director

Contractors

Southern Security Group Inc
Security
$21,443,305
The Northern Trust Company
Financial
$8,843,363
Dpr Construction
Construction
$6,701,636
Quality Textile Services Inc
Laundry
$3,053,437
Talon Medical Construction Services
Construction
$1,984,815

Mission Statement

TO IMPROVE THE HEALTH AND WELL-BEING OF NORTH CAROLINIANS AND OTHERS WHOM WE SERVE. WE ACCOMPLISH THIS BY PROVIDING LEADERSHIP AND EXCELLENCE IN THE INTERRELATED AREAS OF PATIENT CARE, EDUCATION, AND RESEARCH.

Other organizations also named Rex Hospital

Rex Hospital Guild Inc.
Raleigh, North Carolina

Revisions to this organization profile

May 8, 2025:
2024 Rex Hospital Inc. 990 filed
May 8, 2024:
2023 Rex Hospital Inc. 990 filed
May 10, 2023:
2022 Rex Hospital Inc. 990 filed

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