Renown South Meadows Medical Center is located in Reno, NV. The organization was established in 2004. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renown South Meadows Medical Center 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 12/2022, Renown South Meadows Medical Center generated $97.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $92.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A 115 BED ACUTE-CARE HOSPITAL AND A 62 BED REHABILITATION HOSPITAL.
Describe the Organization's Program Activity:
SEE SCHEDULE ORENOWN SOUTH MEADOWS MEDICAL CENTER IS A 115-BED HOSPITAL THAT OFFERS THE LATEST IN MEDICAL AND SURGICAL CARE, INTENSIVE CARE, TELEMETRY, A 24-HOUR EMERGENCY ROOM, INPATIENT AND OUTPATIENT SURGICAL AND LAB SERVICES. RENOWN SOUTH MEADOWS MEDICAL CENTER PROVIDES A WIDE RANGE OF HEALTHCARE SERVICES TO THE SOUTH RENO AND WASHOE VALLEY COMMUNITIES REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. RENOWN SOUTH MEADOWS MEDICAL CENTER HAS APPROXIMATELY 560 PHYSICIANS ON ITS MEDICAL STAFF AND EXTENDS ADMITTING PRIVILEGES TO ALL ELIGIBLE AND QUALIFIED PHYSICIANS. SINCE IT OPENED AS AN ACUTE CARE HOSPITAL IN 2002, RENOWN SOUTH MEADOWS MEDICAL CENTER HAS TRIPLED ITS BED CAPACITY BY EXPANDING THE INTENSIVE CARE, SURGICAL AND TELEMETRY UNITS. RENOWN SOUTH MEADOWS MEDICAL CENTER IS ALSO THE LOCAL HOME OF ENDOSCOPIC ULTRASOUND. THIS TECHNOLOGY, APPLIED WITH SKILLFUL HANDS, HAS HELPED DIAGNOSE AND TREAT DIGESTIVE DISEASES IN THOUSANDS OF PATIENTS. RENOWN SOUTH MEADOWS MEDICAL CENTER IS RANKED IN THE TOP 1 PERCENT NATIONWIDE FOR QUALITY CARE BASED ON MEASURES FOR HEART ATTACK, HEART FAILURE, PNEUMONIA AND SURGICAL CARE. THEY HAVE THE REGION'S ONLY CERTIFIED PULMONARY REHAB AND INTERVENTIONAL PULMONARY PROGRAM, IN ADDITION TO SPECIALIZING IN JOINT REPLACEMENT AND UPPER EXTREMITY PROCEDURES. RENOWN SOUTH MEADOWS MEDICAL CENTER IS ENGAGED IN A LARGE FACILITY EXPANSION THAT WILL INCLUDE INTERVENTIONAL RADIOLOGY, DIAGNOSTIC AND INTERVENTIONAL CATHETERIZATION, A RETAIL PHARMACY, AND A 121,000 SQUARE FOOT MEDICAL OFFICE BUILDING WITH A HOSPITAL OUTPATIENT DEPARTMENT AND 6 NEW OPERATING ROOMS. RENOWN SOUTH MEADOWS MEDICAL CENTER WAS THE ONLY HOSPITAL IN NEVADA TO BE AWARDED A CMS 5-STAR FACILITY IN 2022.RENOWN REHABILITATION HOSPITAL IS A 62-BED, INPATIENT REHABILITATION ENVIRONMENT, AND THE ONLY CARF (COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES) ACCREDITED FACILITY IN THE REGION, FOCUSING ON CARE THAT PREPARES PATIENTS TO LIVE AS INDEPENDENTLY AS POSSIBLE AFTER EXPERIENCING A DISABLING INJURY OR ILLNESS. RENOWN REHABILITATION OFFERS PHYSICAL, OCCUPATIONAL, SPEECH, RECREATIONAL AND COGNITIVE THERAPIES, HIGHLY SPECIALIZED PHYSICAL MEDICINE & REHABILITATION PHYSICIANS BOARD CERTIFIED IN SPINAL CORD INJURY MEDICINE AND TRAUMATIC BRAIN INJURY AS WELL AS HOUSING AN INTERVENTIONAL PAIN MANAGEMENT PROGRAM AND NORTHERN NEVADA'S ONLY OUTPATIENT NEUROREHABILITATION CLINIC.RENOWN REHABILITATION HOSPITAL HAS THE HIGHEST CONCENTRATION OF CERTIFIED REHABILITATION REGISTERED NURSES IN NORTHERN NEVADA. REHABILITATION NURSES PROVIDE COMFORT, THERAPY AND EDUCATION, PROMOTE HEALTH-CONDUCIVE ADJUSTMENTS, SUPPORT ADAPTIVE CAPABILITIES AND PROMOTE ACHIEVABLE INDEPENDENCE. DURING 2022, THERE WAS ONLY ONE OTHER INPATIENT ACUTE REHABILITATION FACILITY IN NORTHERN NEVADA. RENOWN SOUTH MEADOWS MEDICAL CENTER AND RENOWN REHABILITATION HOSPITAL FURTHER THEIR NOT-FOR-PROFIT STATUS BY PROVIDING QUALITY HEALTHCARE FOR RENOWN'S PRIMARY SERVICE AREA, WASHOE COUNTY AND THE SECONDARY SERVICE AREAS OF NORTHERN NEVADA AND NORTHERN CALIFORNIA. THERE IS A LONG TRADITION AND COMMITMENT TO IMPROVE THE CARE AND THE HEALTH OF OUR COMMUNITY. IN ADDITION TO OUR COMMITMENT TO MEET THE HEALTHCARE NEEDS OF THE REGION, WE GIVE BACK TO COMMUNITIES BY CONTRIBUTING FUNDS, SERVICES, FACILITIES AND THE TIME AND EXPERTISE OF EMPLOYEES. THESE BENEFITS TO THE COMMUNITY FLOW FROM RENOWN HEALTH AS A WHOLE AND FROM THE INDIVIDUAL HOSPITALS, FACILITIES AND DEPARTMENTS THAT MAKE UP OUR HEALTH NETWORK. FOR THE SIX-MONTH PERIOD ENDED DECEMBER 31, 2022, RENOWN SOUTH MEADOWS MEDICAL CENTER, ALONG WITH ITS PARENT, RENOWN HEALTH AND ITS SUBSIDIARIES, PROVIDED APPROXIMATELY $99 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 NEEDS ASSESSMENT AND COMMUNITY BENEFIT PLAN GO TO HTTPS://WWW.RENOWN.ORG/EN/ABOUT/COMMUNITY-COMMITMENT/.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josiah Johnson - President (jul-Nov)/chief Of Staff | Officer | 8 | $0 |
Thomas Graf - Ceo Jul-Nov Chief Clinical & Quality Officer | OfficerTrustee | 8 | $0 |
Ann Beck Chief Financial Officer | Officer | 9 | $0 |
Susan Lee - South Meadows Chief Operating Officer | 60 | $491,340 | |
Anthony Slonim Former Officer | 0 | $0 | |
Kevin Desmond Pharmacy Manager | 60 | $190,187 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Medefis Inc Healthcare Labor Services | 12/30/22 | $13,199,753 |
Clark & Sullivan Constructors Construction Services | 12/30/22 | $10,130,797 |
Aramark Uniform Laundry Services | 12/30/22 | $1,704,856 |
Cumming Management Group Inc Construction Services | 12/30/22 | $627,332 |
Pekins & Will Inc Construction Services | 12/30/22 | $621,309 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $380,443 |
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 | $380,443 |
Total Program Service Revenue | $96,698,874 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,202 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $97,084,987 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,384 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,312,712 |
Pension plan accruals and contributions | $97,123 |
Other employee benefits | $3,281,734 |
Payroll taxes | $1,767,898 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $5,342 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,955,401 |
Advertising and promotion | $0 |
Office expenses | $2,662,390 |
Information technology | $312,633 |
Royalties | $0 |
Occupancy | $937,119 |
Travel | $476 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,650 |
Interest | $1,551,158 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,219,451 |
Insurance | $57,873 |
All other expenses | $196,870 |
Total functional expenses | $92,641,424 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $399,792 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $27,623,927 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,777,581 |
Prepaid expenses and deferred charges | $448,491 |
Net Land, buildings, and equipment | $78,292,138 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,662,803 |
Other assets | $8,356,245 |
Total assets | $124,560,977 |
Accounts payable and accrued expenses | $7,586,995 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $136,342,653 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $31,666,394 |
Total liabilities | $175,596,042 |
Net assets without donor restrictions | -$51,035,065 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $124,560,977 |