Renown Skilled Nursing

Organization Overview

Renown Skilled Nursing is located in Reno, NV. The organization was established in 2005. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. Renown Skilled Nursing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2019, Renown Skilled Nursing generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

A 160 BED LONG-TERM ACUTE CARE NURSING FACILITY SPECIALIZING IN REHABILITATIVE CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE ORENOWN SKILLED NURSING IS A 160-BED NURSING FACILITY DESIGNED TO SERVE THE HEALTHCARE NEEDS OF LONG AND SHORT-TERM, ACUTE-CARE PATIENTS. SERVICES INCLUDE 24/7 LICENSED NURSING CARE AND PHYSICAL, OCCUPATIONAL, SPEECH AND RESTORATIVE THERAPY IN-HOUSE SEVEN DAYS A WEEK. THIS VALUABLE FACILITY SERVES A NEED THAT OTHERWISE WOULD BE UNMET IN NORTHERN NEVADA. BY ACCEPTING THE LONG-TERM, ACUTE-CARE PATIENTS FOR REHABILITATIVE SERVICES, OTHER HOSPITAL BEDS IN THE HEALTH NETWORK ARE AVAILABLE FOR HIGHER-ACUITY, SHORTER-TERM CARE. AS OF NOVEMBER 30, 2018, ALL OPERATIONS AT RENOWN SKILLED NURSING CEASED, AND THE CORPORATION WAS DISSOLVED ON JUNE 30, 2019. DURING THE 5 MONTHS RENOWN SKILLED NURSING WAS OPERATING IN FY19, THEY PROVIDED 7,640 PATIENT CARE DAYS FOR PATIENTS TRANSFERRED FROM OTHER HOSPITAL BEDS IN THE HEALTH NETWORK BECAUSE THEY REQUIRED A LEVEL OF CARE DELIVERED MOST APPROPRIATELY IN A SKILLED NURSING FACILITY. FOR THE FISCAL YEAR ENDING JUNE 30, 2019, RENOWN SKILLED NURSING, ALONG WITH ITS PARENT, RENOWN HEALTH AND ITS SUBSIDIARIES, PROVIDED MORE THAN $158 MILLION IN BENEFIT TO THE COMMUNITY (USING COMMUNITY BENEFIT NUMBERS GATHERED BY THE NEVADA HOSPITAL ASSOCIATION USING STATE-APPROVED CRITERIA TO ENSURE CONSISTENCY). FOR A FULL REPORT ON THE BENEFIT RENOWN HEALTH PROVIDED TO OUR COMMUNITY, AS WELL AS OUR COMMUNITY NEEDS ASSESSMENT AND COMMUNITY BENEFIT PLAN, GO TO WWW.RENOWN.ORG/COMMUNITYBENEFIT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$354,627
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$354,627
Total Program Service Revenue$2,038,414
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$215,715
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,177,326

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Renown Skilled Nursing has recieved totaling $354,627.

Awarding OrganizationAmount
Renown Regional Medical Center

Reno, NV

PURPOSE: Patient Assistance

$354,627
View Grant Recipient Profile

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