Reid Health

Nonprofit profile at a glance

EIN
350892672
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-T 2025
Location
Richmond, IN, US
Phone
765-983-3000
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Hospital, General

Official website

Reported finances

Revenue
$638,485,578
Expenses
$519,831,900
Assets
$1,859,625,844
Liabilities
$374,746,277

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

  • BENJAMIN WELLS (PRESIDENT / CEO)
  • CRAIG KINYON (FORMER PRESIDENT / CEO)

Highest reported compensation

  • CRAIG KINYON (FORMER PRESIDENT / CEO): $1,247,136 total reported compensation
  • JOHN MCGINTY MD (BOARD MEMBER): $1,037,538 total reported compensation
  • BENJAMIN WELLS (PRESIDENT / CEO): $915,234 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To lead our communities to well-being, one person at a time.

What it reported doing in 2025

The mission of reid hospital & health care services, inc. Is to serve the people of a multi-county service area in reference to their current and future needs for health care services. In furtherance of this mission, reid hospital & health care services, inc. Provides quality healthcare regardless of race, creed, sex, national origin, age, or ability to pay. During 2025, reid hospital & health care services, inc. Admitted approximately 13,081 patients for in-patient services representing 51,270 patient days; 588 births representing 1,036 newborn patient days and performed approximately 1,812 in-patient surgeries. In addition, reid hospital & health care services, inc. Received 328,391 out-patient encounters for non-emergency diagnostic and treatment services including 9,869 ambulatory surgeries and 14,640 home health encounters. Reid hospital & health care services, inc. Offers emergency services 24 hours per day, 365 days each year. In 2025, 53,440 patients were treated through emergency services. In keeping with reid hospital & health care services, inc.'s commitment to serve all members of our multi-county service area, reid hospital & health care services, inc. Provides healthcare to the elderly and disabled covered under medicare and medicaid programs at or below cost. In addition, reid hospital & health care services, inc. Has established a financial assistance policy for the poor who do not have the means to pay for services. For 2025, financial assistance for the poor was $6.8 million. To ensure members of our service community have adequate access and resources available to meet their healthcare needs, reid hospital & health care services, inc. Has undertaken a deliberate physician recruitment program consistent with IRS guidance. This program provides assurance that our service community has adequate and qualified physician resources covering variety of specialty areas. The cost of funding this recruitment effort was $1,404,743 for 2025. In addition, reid hospital & healthcare services, inc. Is committed to initiating, participating in, or cooperatively supporting community efforts that enhance the general health status, well-being and total quality of life in our service community.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 83
  • Accountability: 82
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 84.9%; rating input score 85
  • Fundraising efficiency: $7.42 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 68.7%; rating input score 69; 19th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 70%; rating input score 70; 11th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.6%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 3.58; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 1.3%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 4.5% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 54th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 71.6% of revenue deployed · 84.9% of spending went to programs
  • Governance: 14 of 20 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $441.4M in reported program spending
  • Leadership: top reported pay $1.2M · 32 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $66.2M reported
  • Consistency: 44 of 45 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 35 filed money-flow records
  • Related organizations: 29 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 20/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.