Indiana · Ranked 808 of 1033 by CEO pay.

Rehabilitation Hospital of Indiana

Monte M Spence, COO/Interim Chief Executive Officer. Fiscal year ending 2024-12.

$352,635

CEO total compensation
Form 990 Part VII, columns D+E+F

0.26%

of expenses spent on charity care
Schedule H Part I line 7a

295.5%

CEO pay as a share of all charity care

In the most recent filing year, Monte M Spence’s reported compensation was $352,635. The system’s charity care for the same year was $119,342. One person’s reported compensation was 3.0 times what the system gave to every patient who could not pay.

The chief executive's title on the filing indicates a change during the year (COO/Interim Chief Executive Officer); the pay shown is what the filing reports for that person, which may cover part of the year.

§1The filing

Total revenue: $47,116,155
Total expenses: $46,543,509
Net assets: $17,993,135
Employees: 475
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $119,342
Bad debt: $0
Medicare surplus (shortfall), as filed: ($1,630,064)
CEO pay from the organization (Part VII col. D): $281,934
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $70,701
CEO total compensation (D+E+F): $352,635 to Monte M Spence

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.

Source: Form 990, Rehabilitation Hospital of Indiana, EIN 35-1786005, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$3.7M Of which charity care to patients who could not pay (line 7a)$119,342 (3%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($0) 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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Rehabilitation Hospital of Indiana: CEO pay $352,635, charity care 0.26% of expenses

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Rehabilitation Hospital of Indiana reported $352,635 in compensation for chief executive Monte M Spence in the fiscal year ending 2024-12. It spent 0.26% of expenses on charity care, $119,342. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/rehabilitation-hospital-of-indiana-inc-35-1786005.html