Reid Physician Associates Inc
82% goes to programs $174 to raise $100 Thin reserves
Reid Physician Associates Inc is a 501(c)(3) organization based in Richmond, Indiana, registered in 2010, with $105,300,362 in FY2024 revenue. CharityIndex grades it C, and it directs about 82% of spending to programs.
1100 Reid Pkwy, Richmond, IN, 47374 EIN 26-3086555 Since 2010
Revenue (FY2024)
$105.3M
▲ 2.1% vs prior year
Health median: $840K
Expenses (FY2024)
$174.1M
Net assets
-$727.7M
Employees
684
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating82% to programs · $174 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Reid Physician Associates Inc: 82% to programs · $174 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -65% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Reid Physician Associates Inc: 0 mo reserves · -65% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Reid Physician Associates Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Reid Physician Associates Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To employ physicians & professionals who promote health through education, prevention of illness and injury, and the provision of quality, cost effective services to the public.
Contact & location
- Address
- 1100 Reid Pkwy, Richmond, IN, 47374
- City
- Richmond
- State
- Indiana
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $40.0M (FY2013) to $105.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $738.3MNet assets -$727.7M
Operating margin
-65.4%
Spent more than it raised in the latest fiscal year.
Total assets
$10.6M
Total liabilities
$738.3M
Net assets
-$727.7M
Salaries & benefits
$144.6M
83% of expenses
Board members
20
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $105,300,362▲2.1% | $174,132,399▲7.8% | -$727,717,605▼10.4% | $10,613,114▼28.6% | 990 |
| 2023 | $103,169,502▲3.7% | $161,548,386▲6.1% | -$658,885,568▼9.7% | $14,859,547▼24.5% | 990 |
| 2022 | $99,522,887▲2.7% | $152,307,948▲3.2% | -$600,506,684▼9.6% | $19,671,987▼15.1% | 990 |
| 2021 | $96,947,543▲10.6% | $147,594,432▲4.9% | -$547,721,623▼10.2% | $23,164,630▲8.2% | 990 |
| 2020 | $87,667,064▲16.4% | $140,689,193▲4.9% | -$497,074,734▼11.9% | $21,399,236▲20.9% | 990 |
| 2019 | $75,299,679▲18.0% | $134,154,598▲13.6% | -$444,052,605▼15.3% | $17,702,333▼4.0% | 990 |
| 2018 | $63,799,900▲4.9% | $118,070,946▲6.5% | -$385,197,686▼16.4% | $18,433,742▼0.7% | 990 |
| 2017 | $60,803,133▲6.6% | $110,914,107▼4.7% | -$330,926,638▼17.8% | $18,556,960▼3.2% | 990 |
| 2016 | $57,042,239▲18.6% | $116,381,444▲13.9% | -$280,834,712▼26.8% | $19,162,445▼0.9% | 990 |
| 2015 | $48,090,311▲2.4% | $102,161,370▲9.7% | -$221,495,507▼32.3% | $19,345,375▼2.1% | 990 |
| 2014 | $46,952,938▲17.5% | $93,155,615▲12.6% | -$167,424,448▼38.1% | $19,768,103▲14.8% | 990 |
| 2013 | $39,962,427 | $82,697,372▲15.1% | -$121,221,771▼54.4% | $17,221,609▲9.8% | 990 |
| 2012 | — | $71,820,528▲52.8% | -$78,486,826▼78.1% | $15,689,588▲42.7% | 990 |
| 2011 | — | $47,008,077▲54.2% | -$44,075,760▼117% | $10,994,856▲30.8% | 990 |
| 2010 | — | $30,492,984 | -$20,310,823 | $8,407,925 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Hon Vien — $1,994,155 (1.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hon Vien | Physician - Orthopedic | 50 | $1,994,155 |
| Naeem Raza | Physician | 50 | $1,653,134 |
| Christopher Neher | Physician - Orthopedic | 50 | $1,276,746 |
| Mario Lee | Physician - Orthopedic | 50 | $1,128,006 |
| Mohey Saleh | Physician - Cardiothoracic Surgeon | 50 | $1,125,348 |
| Roy Teng Do | Former Board Member | 50 | $1,020,076 |
| John Mcginty Md | Board Member | 50 | $846,893 |
| Sam Iden Md | Board Member | 50 | $535,729 |
| Jordan Raynor Md | Board Member | 50 | $523,065 |
| Annuradah Bhandari Md | Board Member | 50 | $487,698 |
| Janet Meckley Md | Former Board Member | 50 | $381,171 |
| William Black | Former Board Member | 0 | $27,030 |
| Aleasia Stewart | Board Member | 3 | — |
| Bonita Washington-lacey | Board Member - Secretary | 3 | — |
| Brad Collins | Board Member | 3 | — |
| Brett Guiley | Board Member | 3 | — |
| Craig Kinyon | President - Chief Executive Officer | 12.5 | — |
| Dave Jones | Board Member | 3 | — |
| Denise Retz | Board Member | 3 | — |
| Garry Kleer | Board Member / Board Member - Treasurer (term Start 8/2024) | 6 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Hayes Locums LLC | Medical Staffing | $838,109 |
| Henry Schein Inc | Medical Supplier | $708,485 |
| Weatherby Locums Inc | Medical Staffing | $613,424 |
| Comphealth Medical Staffing | Medical Staffing | $484,350 |
| Metro Medical Supply Inc | Medical Supplier | $386,315 |
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Compare Reid Physician Associates Inc
Frequently asked questions
- Is Reid Physician Associates Inc a legitimate nonprofit?
- Yes. Reid Physician Associates Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3086555, based in Richmond, Indiana. Donations are tax-deductible.
- What is Reid Physician Associates Inc's EIN?
- Reid Physician Associates Inc's Employer Identification Number (EIN) is 26-3086555.
- How much revenue does Reid Physician Associates Inc report?
- Reid Physician Associates Inc reported $105,300,362 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Reid Physician Associates Inc's spending goes to programs?
- Reid Physician Associates Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Reid Physician Associates Inc have?
- CharityIndex grades Reid Physician Associates Inc C, based on program efficiency and fundraising cost.
- How much does Reid Physician Associates Inc's highest-paid employee make?
- The highest reported compensation on Reid Physician Associates Inc's latest Form 990 is $1,994,155, paid to Hon Vien (Physician - Orthopedic).
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Data for Reid Physician Associates Inc (EIN 26-3086555) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.