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Filing year 2024

Reid Physician Associates Inc

Richmond, Indiana·EIN 26-3086555·NTEE E200 · Health Care·501(c)(3)
Total revenue
$105.3M
Total assets
$10.6M
Total expenses
$174.1M
Reported officers
28
Mission

THE MISSION OF REID PHYSICIAN ASSOCIATES, INC. IS TO EMPLOY PHYSICIANS AND HEALTH PROFESSIONALS WHO PROMOTE COMMUNITY HEALTH THROUGH EDUCATION, PREVENTION OF ILLNESS AND INJURY, AND THE PROVISION OF QUALITY, COST EFFECTIVE MEDICAL SERVICES TO THE PUBLIC WE SERVE. THIS MISSION IS ACCOMPLISHED THROUGH 1) THE EMPLOYMENT AND RETENTION OF PHYSICIANS, MID-LEVEL PROVIDERS, AND PHYSICIAN STAFF TO ADVANCE ITS PRIMARY PURPOSE OF PROMOTING COMMUNITY HEALTH; AND 2) COMMUNITY HEALTH EDUCATION AND OUTREACH PROGRAMS FOR PATIENTS AND COMMUNITY MEMBERS, PREVENTION OF ILLNESS AND INJURY, AND PROVISION AND EXPANSION OF MEDICAL SERVICES FOR THE PUBLIC IN A MULTI-COUNTY SERVICE AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Indiana.

Physician - Orthopedic
Highest Compensated Employee
Above 90th percentile
$2M
$2.2M
Base
$914k
Bonus
$1.1M
Other
$387
Benefits
$7k
Physician
Highest Compensated Employee
Above 90th percentile
$1.7M
$1.8M
Base
$652k
Bonus
$1000k
Other
$675
Benefits
$8k
Physician - Orthopedic
Highest Compensated Employee
75th to 90th percentile
$1.3M
$1.4M
Base
$678k
Bonus
$594k
Other
$5k
Benefits
$11k
Physician - Orthopedic
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.3M
Base
$840k
Bonus
$287k
Other
$975
Benefits
$10k
Physician - Cardiothoracic Surgeon
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.3M
Base
$797k
Bonus
$324k
Other
$5k
Benefits
$3k
Former Board Member
Board Member
Above 90th percentile
$1.1M
$1.1M
Base
$546k
Bonus
$473k
Other
$1k
Benefits
$7k
Board Member
Above 90th percentile
$889k
$956k
Base
$496k
Bonus
$350k
Other
$486
Benefits
$4k
Board Member
75th to 90th percentile
$577k
$621k
Base
$266k
Bonus
$248k
Other
$22k
Benefits
$5k
Board Member
75th to 90th percentile
$544k
$585k
Base
$444k
Bonus
$75k
Other
$4k
Benefits
$6k
Board Member
75th to 90th percentile
$505k
$543k
Base
$286k
Bonus
$201k
Other
$225
Benefits
$4k
Former Board Member
Board Member
75th to 90th percentile
$418k
$449k
Base
$232k
Bonus
$148k
Other
$1k
Benefits
$2k
President - Chief Executive Officer
Median to 75th percentile
$151k
$163k
Former Board Member
Board Member
10th to 25th percentile
$27k
$29k
Base
Bonus
$27k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Reid Physician Associates Inc equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2023

From $2M in 2023 to $2M in 2024.

$2M
2023
$2M
2024
In today's dollarsEst.
Up 1% in real terms$2.2M to $2.2M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue rose 2%.

$2M in 2023 to $2M in 2024.
  • Board Member pay fell 3% from 2023 to 2024.
  • Chief Executive Officer pay rose 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Reid Physician Associates Inc

What does the Highest Compensated Employee of Reid Physician Associates Inc earn?

In 2024, the Highest Compensated Employee of Reid Physician Associates Inc received $2,034,386 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Reid Physician Associates Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in Indiana, the 2024 pay of the Highest Compensated Employee at Reid Physician Associates Inc falls in the top 10%. In 2024, the highest total compensation at Reid Physician Associates Inc equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

What are Reid Physician Associates Inc's revenue and expenses?

In 2024, Reid Physician Associates Inc reported $105.3M in total revenue and $174.1M in total expenses on its IRS Form 990.

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