Nonprofit · EIN 56-1509129
REX HEALTHCARE INC
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,014,766 | $8,037,736 | -$22,970 | $2,772,011 | $2,954,769 | -$182,758 |
| June 30, 2024 | 990 | $6,761,759 | $6,873,049 | -$111,290 | $2,028,375 | $2,188,163 | -$159,788 |
| June 30, 2023 | 990 | $4,949,726 | $4,969,754 | -$20,028 | $59,749,972 | $59,798,470 | -$48,498 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,245,683
- Investment income
- $272
- Other revenue
- $6,768,811
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,206,695
- Salaries, compensation and benefits (total)
- $5,017,457
- Professional fundraising fees
- $0
- Legal fees
- $200
- Occupancy
- $28,578
- Travel
- $12,084
- Depreciation
- $288,575
- Program services (functional)
- $7,613,261
- Management and general (functional)
- $424,475
Balance sheet and other
- Total assets, start of year
- $2,028,375
- Total assets, end of year
- $2,772,011
- Total liabilities, end of year
- $2,954,769
- Net assets, end of year
- -$182,758
- Land, buildings and equipment
- $604,513
- Gross receipts
- $8,014,766
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1986
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jeff Lindsay | Director/President & Chairman Trustee or director, Officer | 1 | $0 | $2,583,593 | $351,426 |
| Matthew Ewend MD | Director Trustee or director | 1 | $0 | $1,676,929 | $214,933 |
| Will Bryant | Director/Treasurer & Secretary Trustee or director, Officer | 1 | $0 | $1,421,082 | $242,645 |
| Lynne Fiscus MD | Director Trustee or director | 1 | $0 | $793,335 | $132,846 |
| Ernest Bovio Jr | Former Director Former | 0 | $0 | $119,270 | $5,300 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW EWEND MD | DIRECTOR Trustee or director | 1 | $0 | $1,923,534 | $197,508 |
| Ernest L Bovio Jr | DIRECTOR (THRU 01/2024) Trustee or director | 1 | $0 | $1,099,536 | $133,238 |
| WILL BRYANT | DIRECTOR/TREASURER & SECRETARY Trustee or director, Officer | 1 | $0 | $791,967 | $180,015 |
| LYNNE FISCUS MD | DIRECTOR Trustee or director | 1 | $0 | $774,975 | $130,678 |
| Stephen W Burriss | DIRECTOR (THRU 07/2023) Trustee or director | 1 | $0 | $711,103 | $107,234 |
| JEFF LINDSAY | DIRECTOR/PRESIDENT & CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHEN BURRISS | DIRECTOR Trustee or director | 1 | $0 | $1,303,603 | $254,424 |
| MATTHEW EWEND MD | DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $1,304,840 | $187,695 |
| ERNIE BOVIO | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $828,221 | $127,975 |
| LYNNE FISCUS MD | DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $646,164 | $131,738 |
Address and contacts
- Address (IRS master file)
- 4420 LAKE BOONE TRL, RALEIGH, NC 27607-7505
- In care of
- % UNC HEALTH SYSTEM ACCOUNTING
- Principal officer (990 for 2024)
- JEFF LINDSAY, 4420 LAKE BOONE TRAIL, RALEIGH, NC 276077505
- Signed the 990
- JEFF LINDSAY, PRESIDENT & BOARD CHAIR
- Phone
- (919) 784-3100
- Website
- WWW.REXHEALTH.COM
- Return prepared by
- BDO USA
Mission
PRIMARY EXEMPT PURPOSE - TO OPERATE, PROMOTE AND ADVANCE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF ITS SOLE MEMBER, THE UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM, AND ITS SUPPORTED ORGANIZATIONS.
Program accomplishments
- TO OPERATE, PROMOTE AND ADVANCE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF ITS SOLE MEMBER, THE UNIVERSITY OF NORTH CAROLINA HEALTH CARESYSTEM, AND ITS SUPPORTED ORGANIZATIONS.Expenses $7,613,261 · revenue $1,245,683
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1509129
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,772,011
- Income (IRS master file)
- $8,014,766
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,014,766 | $8,037,736 | $2,772,011 | XML |
| 990 | June 2024 | $6,761,759 | $6,873,049 | $2,028,375 | XML |
| 990 | June 2023 | $4,949,726 | $4,969,754 | $59,749,972 | XML |
| 990 | June 2022 | $3,277,813 | $3,278,544 | $59,098,718 | IRS |
| 990 | June 2021 | $0 | $0 | $87,257,753 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1509129).
Questions about REX HEALTHCARE INC
- What is the EIN of REX HEALTHCARE INC?
- The employer identification number (EIN) of REX HEALTHCARE INC is 56-1509129.
- Is REX HEALTHCARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to REX HEALTHCARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does REX HEALTHCARE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REX HEALTHCARE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REX HEALTHCARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of REX HEALTHCARE INC?
- The 990 for the year ended June 30, 2025 names JEFF LINDSAY.
- Who are the officers and directors of REX HEALTHCARE INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does REX HEALTHCARE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,014,766, expenses of $8,037,736 and total assets of $2,772,011 at year end.
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