Richard Wayne Reid, CEO. Fiscal year ending 2025-06.
$300,996
CEO total compensation Form 990 Part VII, columns D+E+F
1.00%
of expenses spent on charity care Schedule H Part I line 7a
205.6%
CEO pay as a share of all charity care
In the most recent filing year, Richard Wayne Reid’s reported compensation was $300,996. The system’s charity care for the same year was $146,366. One person’s reported compensation was 2.1 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$13,015,296
Total expenses
$14,569,014
Net assets
$13,007,251
Employees
111
Hospitals covered
1 facilities across 1 filing
Charity care, net
$146,366
Bad debt
$178,267
Medicare surplus (shortfall), as filed
$288,535
CEO pay from the organization (Part VII col. D)
$281,610
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$19,386
CEO total compensation (D+E+F)
$300,996 to Richard Wayne Reid
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
What the system reported as total community benefit (Schedule H line 7k)$241,240Of which charity care to patients who could not pay (line 7a)$146,366 (61%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($178,267) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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Cavalier County Memorial Hospital Association reported $300,996 in compensation for chief executive Richard Wayne Reid in the fiscal year ending 2025-06. It spent 1.00% of expenses on charity care, $146,366. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/cavalier-county-memorial-hospital-association-45-0306787.html
