Reid Hospital & Health Care Services Inc

EIN: 350892672 501(c)(3) Health Care

Richmond, IN

Total Revenue
$594,223,532
Total Expenses
$518,834,713
Total Assets
$1,698,006,574
Net Assets
$1,313,814,396
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1902
Legal Domicile
IN
Phone
7659833000
Tax Period
2024-01-01 to 2024-12-31

Reid Hospital & Health Care Services Inc, founded in 1902, is a major nonprofit in the Health Care sector that reported $594.2M in total revenue in fiscal year 2024. Expenses of $518.8M left a modest 13% surplus.

Mission

OUR MISSION: TO LEAD OUR COMMUNITIES TO WELL-BEING, ONE PERSON AT A TIME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,582,698
Program Service Revenue $549,933,336
Investment Income $28,859,675
Other Revenue $13,847,823
TOTAL REVENUE $594,223,532

Expense Breakdown

Grants Paid $299,700
Salaries & Benefits $204,429,317
Fundraising Expenses $470,665
Program Expenses $441,500,707
Other Expenses $314,105,696
TOTAL EXPENSES $518,834,713

Year-over-Year Comparison

2024 2023 Change
Revenue $594,223,532 $551,319,963 +0.1%
Expenses $518,834,713 $541,610,340 0.0%
Net Income $75,388,819 $9,709,623 +6.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
14
Employees
3789
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
15
$6,303,908
Total Directors
20
$5,207,686
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONITA WASHINGTON-LACEY BOARD MEMBER - SECRETARY 3.0
Officer Director
$0 $0 $0
CRAIG KINYON PRESIDENT - CHIEF EXECUTIVE OFFICER 50.0
Officer Director
$2,541,651 $151,329 $2,692,980
GARRY KLEER Board Member / Board Member - Treasurer (Term Start 8/2024) 6.0
Officer Director
$0 $0 $0
JAMES TANNER BOARD MEMBER - 2ND VICE CHAIR 3.0
Officer Director
$0 $0 $0
MARK HARRINGTON Board Member - Treasurer (Term End 8/2024) / Board Member Chair (Term Start 8/2024) 6.0
Officer Director
$0 $0 $0
PAUL LINGLE Board Member - 1st Vice Chair 3.0
Officer Director
$0 $0 $0
TOM HILKERT Board Member / Chair (Term End 8/2024) 6.0
Officer Director
$0 $0 $0
ALEASIA STEWART BOARD MEMBER 3.0
Director
$0 $0 $0
Annuradah Bhandari MD Board Member 3.0
Director
$0 $16,971 $504,669
Brad Collins Board Member 3.0
Director
$0 $0 $0
BRETT GUILEY Board Member 3.0
Director
$0 $0 $0
DAVE JONES BOARD MEMBER 3.0
Director
$0 $0 $0
DENISE RETZ BOARD MEMBER 3.0
Director
$0 $0 $0
JOHN HENDERSON BOARD MEMBER 3.0
Director
$0 $0 $0
JOHN MCGINTY MD BOARD MEMBER 3.0
Director
$0 $41,835 $888,728
JORDAN RAYNOR MD BOARD MEMBER 3.0
Director
$0 $21,077 $544,142
KATHY GIRTEN Board Member 3.0
Director
$0 $0 $0
MORGAN HOWARD BOARD MEMBER 3.0
Director
$0 $0 $0
ROBIN HENRY BOARD MEMBER 3.0
Director
$0 $0 $0
Sam Iden MD Board Member 3.0
Director
$0 $41,438 $577,167
Benjamin Wells Chief Financial Officer 50.0
Officer
$242,697 $26,696 $269,393
Billie Kester Vice President - Ambulatory Care and Service Lines 50.0
Officer
$408,320 $48,026 $456,346
Jason Troutwine Vice President - Foundation President 50.0
Officer
$326,078 $37,208 $363,286
Michelle McClurg Vice President - Ancillary and Support Services 50.0
Officer
$350,089 $35,892 $385,981
Misti Foust-Cofield Vice President - Chief Nursing Officer 50.0
Officer
$412,818 $39,036 $451,854
Muhammad Siddiqui Vice President - Chief Information Officer 50.0
Officer
$433,297 $40,887 $474,184
PAMELA JONES Vice President - General Counsel 50.0
Officer
$531,419 $42,267 $573,686
Vinay Bhooma Vice President - Chief Medical Officer (Term Ended) 50.0
Officer
$604,897 $31,301 $636,198
Bradley Hester Director - Pharmacy 50.0
Highest
$229,364 $13,904 $243,268
Prema Vuyyuri Director - Data Analytics & Insights 50.0
Highest
$216,768 $9,521 $226,289
Randall Bierman Chief Compliance Officer 50.0
Highest
$249,538 $21,878 $271,416
Suzanne Marcum Chief Administrative Officer 50.0
Highest
$205,411 $22,413 $227,824
Timothy Love Consultant 50.0
Highest
$225,094 $12,601 $237,695
Angela Dickman Former Vice President 0.0
$114,368 $0 $114,368
Carrie Kolentus Former Vice President - Chief Human Resources Officer 0.0
$120,000 $0 $120,000
Christopher Knight Former Chief Financial Officer 0.0
$632,137 $339 $632,476
JANET MECKLEY MD Former BOARD MEMBER 0.0
$0 $36,600 $417,771
Jennifer Ehlers Former Vice President - Chief Quality Officer 0.0
$116,246 $0 $116,246
ROY TENG DO FORMER BOARD MEMBER 0.0
$0 $44,637 $1,064,713
Thomas Huth Former Vice President - Medical Affairs 0.0
$501,008 $0 $501,008
WILLIAM BLACK FORMER BOARD MEMBER 0.0
$0 $0 $27,030
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $594,223,532 $518,834,713 $1,698,006,574 $75,388,819
2023 $551,319,963 $541,610,340 $1,611,946,474 $9,709,623
2022 $575,358,834 $510,028,718 $1,549,441,015 $65,330,116
2021 $692,459,515 $514,457,286 $1,518,439,939 $178,002,229
2020 $538,882,132 $449,520,105 $1,396,842,064 $89,362,027
2019 $476,746,606 $406,520,221 $1,217,959,519 $70,226,385
2018 $468,600,048 $389,667,178 $1,065,106,446 $78,932,870
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