Regence Health Network Inc

Organization Overview

Regence Health Network Inc is located in Plainview, TX. The organization was established in 1973. As of 12/2021, Regence Health Network Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regence Health Network Inc 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 12/2021, Regence Health Network Inc generated $29.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $20.5m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A TRANSFORMATIONAL LEADER IN THE DELIVERY OF INTEGRATED, INNOVATIVE, AND COST EFFECTIVE HEALTH SERVICES; WE REALIZE THIS BY HOLDING OURSELVES ACCOUNTABLE TO THE HIGHEST STANDARDS IN PATIENT SERVICE, SAFETY, AND QUALITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REGENCE HEALTH NETWORK, INC., (RHN) IS A FULL-SERVICE PRIMARY HEALTHCARE SYSTEM THAT OFFERS AN ARRAY OF SERVICES INCLUDING FAMILY MEDICINE, INTERNAL MEDICINE, PEDIATRIC MEDICINE, WOMEN'S HEALTH, FAMILY DENTAL SERVICES, BEHAVIORAL HEALTH, WIC SERVICES, AND ON-SITE LABORATORY AND PHARMACY SERVICES.


USDA/TDH WIC PROGRAM: SEE A. ABOVE-THIS PROGRAM IS SPECIFICALLY DESIGNED AND FUNDED BY STATE GOVERNMENTAL GRANTS TO PROVIDE FOR WOMEN, INFANTS, AND CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Nash
Cmo
$418,101
Morgan Leak
Physician
$400,824
Robert Bidwell
Physician
$254,293
Matthew Turrie
Physician
$231,408
Megan Scott
Physician
$228,913
Rick Love
CEO
$228,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $12,432,424
All other contributions, gifts, grants, and similar amounts not included above$2,527,548
Noncash contributions included in lines 1a–1f $2,527,548
Total Revenue from Contributions, Gifts, Grants & Similar$14,959,972
Total Program Service Revenue$11,866,389
Investment income $518,892
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,493,115

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Regence Health Network Inc has recieved totaling $6,365.

Awarding OrganizationAmount
Direct Relief

Santa Barbara, CA

PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS

$6,365
View Grant Recipient Profile

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