THE REX HEALTHCARE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE REX HEALTHCARE FOUNDATION INC

EIN 56-6052117

What they do

OUR MISSION is to PROVIDE OPPORTUNITIES for OUR COMMUNITY to INVEST RESOURCES IN THE EXCELLENT WORK of UNC REX HEALTHCARE. THE CORE ACTIVITIES THROUGH WHICH THE FOUNDATION FULFILLS THIS MISSION INCLUDE: ADVOCACY, EDUCATION, PROGRAM DEVELOPMENT, FUNDRAISING, STRATEGIC PARTNERSHIPS and DONOR ENGAGEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $56.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

30.30%of revenue went to mission work56.3% of expenses · Program services

22.06%of revenue went to fundraising41.0% of expenses

$53.78spent for every $100 of revenueRevenue covered expenses this year.

1.41%of revenue went to management and office costs2.6% of expenses

74.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $575,059 for WESLEY A BURKS MD (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,413,980

Mission workProgram services$731,38530.30% of revenue56.3% of expenses

ManagementOffice and general costs$34,1191.41% of revenue2.6% of expenses

FundraisingAsking for donations$532,61522.06% of revenue41.0% of expenses

Revenue left after expensesReported annual surplus$1,115,86146.22% of revenueShown in gray on the chart

Total expenses$1,298,11953.78% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 56.3% mission · 2.6% management · 41.0% fundraisingTotal expenses: 53.78% of revenue

2020Expense mix: 47.0% mission · 2.7% management · 50.3% fundraisingTotal expenses: 58.92% of revenue

2019Expense mix: 49.6% mission · 1.8% management · 48.6% fundraisingTotal expenses: 62.55% of revenue

2018Expense mix: 59.8% mission · 1.7% management · 38.5% fundraisingTotal expenses: 82.92% of revenue

2017Expense mix: 80.5% mission · 1.1% management · 18.4% fundraisingTotal expenses: 100.17% of revenue

2016Expense mix: 74.6% mission · 1.3% management · 24.2% fundraisingTotal expenses: 65.16% of revenue

2015Expense mix: 60.1% mission · 1.9% management · 38.1% fundraisingTotal expenses: 72.55% of revenue

Money in and money out

Revenue$2,413,980

Expenses$1,298,119

Annual surplus $1,115,861 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$731,385 · 56.3% of expenses

Management and office costs$34,119 · 2.6% of expenses

Fundraising$532,615 · 41.0% of expenses

See all reported dollar amounts

Revenue$2,413,980

Expenses$1,298,119

Contributions$1,787,678

Mission work (program services)$731,385

Fundraising$532,615

Grants given$3,977,187

Average grant$795,437

Management and general$34,119

Investing fees$21,574

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WESLEY A BURKS MDDIRECTOR · 1 hrs/week $575,059Base · Other $575,059

STEPHEN W BURRISSDIRECTOR · 1 hrs/week $242,300Base · Other $242,300

GARY L PARKFORMER DIRECTOR $163,235Base · Other $163,235

ERNEST L BOVIO JRPRESIDENT · 1 hrs/week $125,392Base · Other $125,392

SYLVIA D HACKETTVICE PRESIDENT · 1 hrs/week $83,468Base · Other $83,468

KIRSTEN S RIGGSVICE PRESIDENT · 1 hrs/week $80,783Base · Other $80,783

ANDREW K ZUKOWSKITREASURER · 1 hrs/week $76,311Base · Other $76,311

TATE M BOMBARDSECRETARY · 1 hrs/week $61,988Base · Other $61,988

RIG S PATEL MDDIRECTOR · 1 hrs/week $37,646Base · Other $37,646

BENJAMIN J MATHEWASST TREASURER/ASST SECRETARY · 1 hrs/week $31,910Base · Other $31,910

MEGHAN E HOOLEYASST TREASURER/ASST SECRETARY · 1 hrs/week $19,973Base · Other $19,973

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

WESLEY A BURKS MDDIRECTOR

STEPHEN W BURRISSDIRECTOR

GARY L PARKFORMER DIRECTOR

ERNEST L BOVIO JRPRESIDENT

SYLVIA D HACKETTVICE PRESIDENT

KIRSTEN S RIGGSVICE PRESIDENT

ANDREW K ZUKOWSKITREASURER

TATE M BOMBARDSECRETARY

RIG S PATEL MDDIRECTOR

BENJAMIN J MATHEWASST TREASURER/ASST SECRETARY

MEGHAN E HOOLEYASST TREASURER/ASST SECRETARY

KEVIN T ANDERSONDIRECTOR

TERESA C ARTISDIRECTOR

ROBERT B OAKESDIRECTOR

MELISSA A FITZPATRICKDIRECTOR

MARILYN R PEARSON MDDIRECTOR

KEVIN D HOWELLDIRECTOR

JASON T SANDNERDIRECTOR

DAVID F MILLSDIRECTOR

COURTNEY A CROWDERDIRECTOR

CATHARINE B ARROWOODDIRECTOR/VICE CHAIRMAN

BOBBY T PARKERDIRECTOR

ANN S COLLINS MDDIRECTOR/CHAIRMAN

About this charity

Location: 4420 LAKE BOONE TRAIL, RALEIGH, NC 27607
County: Wake
In care of: Benjamin Mathew
Primary officer: Benjamin Mathew, CFO

How to reach them

WebsiteVisit the charity’s website Phone(919) 784-4447

Filing and classification

Latest tax year: 2021
Tax period began: July 1, 2021
Return type: 990
Tax preparer: BDO USA LLP
Grant-giving organization: Yes