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Filing year 2023

REX HOSPITAL INC

Raleigh, North Carolina·EIN 56-1509260·NTEE E22 · Health Care·501(c)(3)
Total revenue
$1.7B
Total assets
$1.8B
Total expenses
$1.7B
Reported officers
32
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2023

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

Physician
Highest Compensated Employee
Above 90th percentile
$2M
$2.2M
Base
$1.5M
Bonus
$521k
Other
$600
Benefits
$27k
Physician
Highest Compensated Employee
Above 90th percentile
$1.9M
$2.1M
Base
$1.3M
Bonus
$627k
Other
$600
Benefits
$26k
Physician
Highest Compensated Employee
Above 90th percentile
$1.8M
$2M
Base
$1.5M
Bonus
$271k
Other
$600
Benefits
$18k
Physician
Highest Compensated Employee
Above 90th percentile
$1.8M
$1.9M
Base
$1.1M
Bonus
$697k
Other
Benefits
$19k
Physician
Highest Compensated Employee
Above 90th percentile
$1.8M
$1.9M
Base
$1.5M
Bonus
$225k
Other
Benefits
$19k
Director/president (thru 1/24)
Above 90th percentile
$1.2M
$1.3M
Base
$633k
Bonus
$461k
Other
$6k
Benefits
$28k
Vp/unc Rex Physicians
Officer (Unspecified)
$772k
$843k
Base
$528k
Bonus
$118k
Other
$29k
Benefits
$26k
Director
Board Member
Above 90th percentile
$694k
$758k
Director
Board Member
Above 90th percentile
$626k
$683k
Base
$544k
Bonus
$42k
Other
$600
Benefits
$23k
Director/coo
Officer (Unspecified)
$528k
$577k
Base
$359k
Bonus
$88k
Other
$6k
Benefits
$28k
Vp/patient Care Services & Cno
Officer (Unspecified)
$527k
$575k
Base
$388k
Bonus
$47k
Other
$6k
Benefits
$28k
Vp/medical Affairs & CMO
Officer (Unspecified)
$526k
$574k
Base
$391k
Bonus
$86k
Other
$600
Benefits
Vp/cfo & Treasurer
75th to 90th percentile
$503k
$549k
Base
$359k
Bonus
$71k
Other
$600
Benefits
$27k
Vp/care Transitions
Officer (Unspecified)
$402k
$439k
Base
$273k
Bonus
$60k
Other
$5k
Benefits
$25k
Vice President
75th to 90th percentilevs Health Care peers nationwide
$348k
$380k
Base
$245k
Bonus
$55k
Other
Benefits
$28k
Vice President
75th to 90th percentilevs Health Care peers nationwide
$332k
$363k
Base
$234k
Bonus
$53k
Other
Benefits
$18k
Vice President
75th to 90th percentilevs Health Care peers nationwide
$329k
$359k
Base
$225k
Bonus
$51k
Other
$600
Benefits
$28k
Asst Treasurer & Asst Sect.
Median to 75th percentile
$246k
$268k
Base
$185k
Bonus
$25k
Other
$600
Benefits
$26k
Director (thru 7/23)
Board Member
75th to 90th percentile
$185k
$202k
Vp/gen Counsel&sec(thru 12/23)
Officer (Unspecified)
$65k
$71k
Vp/gen Counsel&sec(as of 1/24)
Officer (Unspecified)
$19k
$21k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at REX HOSPITAL INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.1%
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 5%
from 2022

From $1.9M in 2022 to $2M in 2023.

$1.9M
2022
$2M
2023
In today's dollarsEst.
Roughly flat in real terms$2.2M to $2.2M

Estimated with BLS CPI-U for the South 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 5% from 2022 to 2023, while revenue rose 7%.

$1.9M in 2022 to $2M in 2023.
  • Chief Executive Officer pay rose 29% from 2022 to 2023.
  • Board Member pay fell 15% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 REX HOSPITAL INC

What does the Highest Compensated Employee of REX HOSPITAL INC earn?

In 2023, the Highest Compensated Employee of REX HOSPITAL INC received $2,027,889 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at REX HOSPITAL INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in North Carolina, the 2023 pay of the Highest Compensated Employee at REX HOSPITAL INC falls in the top 10%. In 2023, the highest total compensation at REX HOSPITAL INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are REX HOSPITAL INC's revenue and expenses?

In 2023, REX HOSPITAL INC reported $1.7B in total revenue and $1.7B in total expenses on its IRS Form 990.

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