Rex Hospital Inc
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.
Rex Hospital Inc at a glance
In short: Rex Hospital Inc gave $8K across 1 grant in 2025 (avg $8K), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $7,500
- +203.6% vs 2024
- Grants made (2025)
- 1
- Average grant
- $7,500
- Median grant
- $7,500
- Total assets
- $1,975,332,606
- +7.9% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Rex Hospital Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was NC Professionals Health Program ($8K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1K (2023) to $750K (2019). In 2025 it made 1 grant totaling $8K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NC Professionals Health Program Raleigh, NC | Operations Support | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,975,332,606 | $1,916,498,283 | $1,795,864,521 | $7,500 | 1 | $2,051,611 |
| 2024 | $1,830,481,772 | $1,733,107,391 | $1,722,487,808 | $2,470 | Total only | $1,943,015 |
| 2023 | $1,816,056,463 | $1,623,067,183 | $1,623,015,427 | $1,260 | Total only | $1,580,848 |
| 2022 | $1,799,963,409 | $1,491,892,041 | $1,461,761,703 | $2,399 | Total only | $1,595,651 |
| 2021 | $1,727,377,750 | $1,331,770,076 | $1,328,672,174 | $8,732 | Total only | $-1,082,793 |
| 2020 | $1,590,769,743 | $1,237,265,028 | $1,254,241,329 | $16,996 | Total only | $3,123,970 |
| 2019 | $1,268,499,027 | $1,388,381,272 | $1,172,899,779 | $749,994 | 31 | $5,758,497 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Rex Hospital Inc
Based on IRS filings
Rex Hospital Inc is a public charity focused on Health, based in Raleigh, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.0B in total assets. In 2025, it awarded 1 grant totaling $8K. Net investment income was $2.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Rex Hospital Inc is led by M Chad Setliff, Director & President on the 2025 filing; 20 of 35 officers listed in 2025 are compensated.
Officers on the 2025 filing
M Chad Setliff
Director & President
New on the 2025 filing
60 hrs/week
$464K (2025)
Ann S. Collins MD
Director & Chairman
On filings since 2019
4 hrs/week
No compensation reported
Kirsten S. Riggs
Director & COO
COO → Vice President & COO, 2023
Vice President & COO → Director & COO, 2024
On filings since 2019
60 hrs/week
$296K (2019) → $754K (2025)
Rig S. Patel MD
Director
On filings since 2019
60 hrs/week
$777K (2019) → $577K (2025)
A Wesley Burks MD
Director
On filings since 2019
2 hrs/week
No compensation reported
Catharine B. Arrowood
Director & Vice Chairman
Director → Director & Vice Chairman, 2021
On filings since 2019
4 hrs/week
No compensation reported
Courtney A. Crowder
Director
On filings since 2019
2 hrs/week
No compensation reported
Jason T. Sandner
Director
On filings since 2019
2 hrs/week
No compensation reported
David F. Mills
Director
On filings since 2021
2 hrs/week
No compensation reported
Kevin T. Anderson
Director
On filings since 2021
2 hrs/week
No compensation reported
Melissa A. Fitzpatrick
Director
On filings since 2021
2 hrs/week
No compensation reported
Robert B. Oakes
Director
On filings since 2021
2 hrs/week
No compensation reported
Marilyn R. Pearson MD
Director
On filings since 2022
2 hrs/week
No compensation reported
Caryn McNeill
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Dayatra Matthews
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Jeff Lindsay
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Benjamin J. Mathew
Vice President, CFO & Treasurer
Assistant Treasury & Assistant Secretary → Assistant Teasury & Assistant Secretary, 2022
Assistant Teasury & Assistant Secretary → Vice President, CFO & Treasurer, 2023
On filings since 2019
60 hrs/week
$157K (2019) → $552K (2025)
Ernest L. Bovio Jr.
Former President
President → Director & President, 2023
Director & President → Former President, 2025
On filings since 2019
$170K (2019) → $119K (2025)
Mateen Akhtar MD
Physician
On filings since 2019
60 hrs/week
$1.8M (2019) → $2M (2025)
Roy C. Tempke
Vice President & Care Transitions
Vice President → Vice President & Care Transitions, 2023
On filings since 2019
60 hrs/week
$235K (2019) → $397K (2025)
Tate M. Bombard
Vice President, General Counsel & Secretary
On filings since 2019
$289K (2019) → $0 (2025)
Susan G. Moore
Vice President & Unc Rex Physicians
On filings since 2020
60 hrs/week
$609K (2020) → $793K (2025)
Timothy M. Hester
Vice President & Physician Services
Vice President & Physician Services → Vice President, 2023
Vice President → Vice President & Physician Services, 2025
On filings since 2021
60 hrs/week
$244K (2021) → $355K (2025)
Chad N. Anderson
Vice President & Clinical Operations
Vice President & Clinical Operations → Vice President, 2023
Vice President → Vice President & Clinical Operations, 2025
On filings since 2022
60 hrs/week
$250K (2022) → $356K (2025)
Diana G. Massa
Vice President & Clinical Operations
Vice President → Vice President & Clinical Operations, 2025
On filings since 2022
60 hrs/week
$259K (2022) → $379K (2025)
Joseph M. Bumgarner MD
Physician
On filings since 2022
60 hrs/week
$2M (2022) → $2M (2025)
Meghan E. Hooley
Assistant Treasurer & Assistant Secretary
Assistant Teasury & Assistant Secretary → Assistant Treasurer & Assistant Secretary, 2023
On filings since 2022
60 hrs/week
$171K (2022) → $86K (2025)
Lorie Rhine
Vice President, Patient Care Services & Cno
On filings since 2023
60 hrs/week
$41K (2023) → $317K (2025)
Meera Udayakumar MD
Vice President, Medical Affairs & CMO
On filings since 2023
60 hrs/week
$478K (2024) → $570K (2025)
Dwijesh B. Patel MD
Physician
On filings since 2024
60 hrs/week
$1.9M (2024) → $1.9M (2025)
Matthew Evans
Assistant Treasurer & Assistant Secretary
New on the 2025 filing
60 hrs/week
$173K (2025)
Megan Lumley
Vice President
New on the 2025 filing
60 hrs/week
$293K (2025)
Mohammed Farooqui MD
Physician
New on the 2025 filing
60 hrs/week
$2M (2025)
Waheed Akhtar MD
Physician
New on the 2025 filing
60 hrs/week
$1.8M (2025)
Maire CorCoran Ragozzine
Vice President, General Counsel & Secretary
On filings since 2024
30 hrs/week
No compensation reported
Former officers (28)
- Former: Benjamin G. Atkeson MD (2019–2024) — Physician
- Former: Joseph M. Falsone MD (2019–2024) — Physician
- Former: Stephen W. Burriss (2019–2024) — Director
- Former: Kevin D. Howell (2021–2024) — Director
- Former: Jeffrey T. Lindsay (2024) — Director
- Former: Andrew K. Zukowski (2019–2023) — Vice President, CFO & Treasurer
- Former: Joel D. Ray (2019–2023) — Vice President, Patient Care Services & Cno
- Former: Linda H. Butler (2019–2023) — Vice President, Medical Affairs & CMO
- Former: Mohit Pasi MD (2019–2023) — Physician
- Former: Robert D. Ricker (2019–2023) — Vice President & Physician Services
- Former: Rajesh Vakani MD (2023) — Physician
- Former: Bobby T Parker (2019–2022) — Director
- Former: Deepak Pasi (2019–2022) — Physician
- Former: Gary L Park (2019–2022) — Former CEO
- Former: Sylvia D Hackett (2019–2022) — Vice President & Rex Healthcare Foundation
- Former: Teresa C Artis (2019–2022) — Director
- Former: C. Howard Nye (2019–2021) — Director
- Former: Sean T. Tehrani MD (2019–2021) — Vice President & Regional Hospitalists Servi
- Former: Jayne R Byrd (2019–2020) — Former Officer
- Former: Peter D Hans (2019–2020) — Director
- Former: Steven C Lilly (2019–2020) — Director
- Former: Susan M Sandberg (2019–2020) — Former Officer
- Former: Tom G Williams (2019–2020) — Vice President & Ambulatory Services
- Former: Chad T Lefteris (2019) — Vice President & Operations
- Former: Lisa R Schiller (2019) — Vice President, Mktg, Pr & Committee Relations
- Former: Robert S Thomas (2019) — Director
- Former: Tammie T Stanton (2019) — Vice President & Post Acute Services
- Former: William L Roper MD (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2.0M, to Mateen Akhtar MD (Physician). 20 officers or directors reported compensation on that filing.
Frequently asked questions about Rex Hospital Inc
How much does Rex Hospital Inc give each year?
Rex Hospital Inc gave $8K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $2K in grants paid.
How large is Rex Hospital Inc?
Rex Hospital Inc reported $2.0B in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9B.
What is Rex Hospital Inc?
Rex Hospital Inc is a public charity focused on Health, based in Raleigh, NC. It holds $2.0B in total assets as of 2025.
Where does Rex Hospital Inc operate?
Rex Hospital Inc has awarded grants in Georgia, Minnesota, North Carolina, Tennessee.
What is Rex Hospital Inc's EIN?
Rex Hospital Inc's EIN (Employer Identification Number) is 56-1509260. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
Live grants for the work Rex Hospital Inc funds
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Assets
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More similar funders
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Rex Hospital Inc down — hundreds of funders to go?