Renown Regional Medical Center is located in Reno, NV. The organization was established in 1985. 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 Regional 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 06/2020, Renown Regional Medical Center generated $918.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $878.2m during the year ending 06/2020. While expenses have increased by 5.6% per year over the past 6 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.
Since 2015, Renown Regional Medical Center has awarded 19 individual grants totaling $23,352,305. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
AN 808 BED ACUTE-CARE HOSPITAL AND THE REGION'S ONLY LEVEL II TRAUMA CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE ORENOWN REGIONAL MEDICAL CENTER IS AN ACCREDITED, 808-LICENSED BED, GENERAL AND ACUTE-CARE HOSPITAL SERVING COMMUNITIES IN NEVADA AND NORTHEASTERN CALIFORNIA. A NOT-FOR-PROFIT HOSPITAL OFFERING A FULL RANGE OF MEDICAL, DIAGNOSTIC AND ANCILLARY SERVICES, RENOWN REGIONAL PROVIDES THE ONLY DESIGNATED LEVEL II TRAUMA CENTER BETWEEN SACRAMENTO AND SALT LAKE CITY. IT IS A TEACHING HOSPITAL FOR THE PROFESSIONAL DEVELOPMENT OF THE UNIVERSITY OF NEVADA-RENO SCHOOL OF MEDICINE AND THE REGION'S HEALTHCARE PROFESSIONALS. RENOWN REGIONAL PROVIDES NECESSARY HEALTHCARE SERVICES REGARDLESS OF RACE, CREED, SEX, GENDER, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. PEOPLE IN OUR COMMUNITY HAVE ACCESS TO RENOWN REGIONAL SERVICES IN SPECIALTIES INCLUDING: CANCER, HEART, NEUROSCIENCES, ORTHOPEDICS, SURGERY, INTENSIVE AND EMERGENCY CARE, BEHAVIORAL HEALTH, ADDICTION, HEALTHY AGING, HEALTHCARE INNOVATION AND WOMEN'S AND CHILDREN'S HEALTH. RENOWN REGIONAL IS GOVERNED BY A BOARD OF COMMUNITY MEMBERS, THE MAJORITY OF WHO LIVE IN OUR PRIMARY SERVICE AREA AND WHO ARE NEITHER EMPLOYEES, INDEPENDENT CONTRACTORS OR FAMILY MEMBERS. RENOWN REGIONAL EXTENDS PRIVILEGES ON ITS MEDICAL STAFF TO ALL ELIGIBLE AND QUALIFIED PHYSICIANS AND ALLIED HEALTH PROFESSIONALS. AS A NON-PROFIT ORGANIZATION, WE REINVEST EVERY DOLLAR WE EARN BACK INTO THE COMMUNITIES WE SERVE, THROUGH STAFFING, TECHNOLOGY, TREATMENT, AND TRAINING TO ENHANCE PATIENT CARE, MEDICAL EDUCATION AND RESEARCH. AS PART OF AN INTEGRATED HEALTH NETWORK, RENOWN REGIONAL PROVIDES MANY SERVICES TO THE COMMUNITY THAT OTHERWISE WOULD REQUIRE PEOPLE TRAVEL TO OTHER CITIES TO RECEIVE CARE. THESE PROGRAMS, SERVICES AND TECHNOLOGY INCLUDE: A LEVEL II TRAUMA CENTER, A PEDIATRIC INTENSIVE CARE UNIT, TOMOTHERAPY HIGH ART SYSTEM, VARIAN TRUEBEAM, BIPLANE ANGIOGRAPHY, A DEDICATED PET/CT SCANNER, A JOINT COMMISSION-CERTIFIED COMPREHENSIVE STROKE CENTER, COMPREHENSIVE AMPUTEE SERVICES, A NAEC ACCREDITED LEVEL III EPILEPSY CENTER, AN ABRET-ACCREDITED EPILEPSY MONITORING LAB, AN INTERSOCIETAL COMMISSION-ACCREDITED ECHOCARDIOGRAPHY LAB, MULTI-SPECIALTY DA VINCI ROBOTIC SURGERY PROGRAM, A CHEST PAIN CENTER USING THE D-SPECT HEART CAMERA, AND FIRST IN THE WEST TO IMPLEMENT THE PRITIKIN INTENSIVE CARDIAC REHABILITATION PROGRAM. RENOWN REGIONAL ALSO OFFERS ACCESS TO THE LARGEST NUMBER OF CLINICAL RESEARCH TRIALS IN THE REGION. RENOWN REGIONAL IS COMPRISED OF THE MEDICAL CENTER AND MULTIPLE CENTERS FOR ADVANCED MEDICINE. THESE HOUSE MEDICAL SPECIALTY AND SUBSPECIALTY PRACTICES. IN PARTNERSHIP WITH THE 793 PHYSICIANS ON ITS MEDICAL STAFF, RENOWN REGIONAL OFFERS MORE THAN 40 PHYSICIAN SPECIALTIES, INCLUDING CARDIAC SURGERY, CARDIOLOGY, ENDOCRINOLOGY, GERIATRICS, GYNECOLOGIC ONCOLOGY, INFECTIOUS DISEASE, NEUROSURGERY, ORTHOPEDICS, OTOLARYNGOLOGY, PEDIATRIC ANESTHESIA, PEDIATRIC ENDOCRINOLOGY, PEDIATRIC GASTROENTEROLOGY, PEDIATRIC NEUROLOGY, PEDIATRIC ORTHOPEDICS, PEDIATRIC OPHTHALMOLOGY, PEDIATRIC ONCOLOGY AND HEMATOLOGY, PERINATOLOGY, PLASTIC SURGERY, PSYCHIATRY, PULMONARY MEDICINE, RADIATION THERAPY, RADIOLOGY, RHEUMATOLOGY AND UROLOGY.FOR THE FISCAL YEAR ENDING JUNE 30, 2021, RENOWN REGIONAL, ALONG WITH ITS PARENT, RENOWN HEALTH AND ITS SUBSIDIARIES, PROVIDED MORE THAN $198 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/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dawn Ahner Chief Operating Officer | Officer | 30 | $936,811 |
Paul Sierzenski Cmo Acute Services | 60 | $625,858 | |
Erik Olson CEO Renown Regional | 60 | $493,590 | |
Jennifer Richards Chief Nursing Officer Acute Services | 60 | $350,715 | |
John Zullo Director Of Physics | 60 | $261,836 | |
Alan Herak Director Of Decision Support | 60 | $247,607 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Medefis Inc Healthcare Labor Services | 6/29/21 | $48,726,005 |
University Of Nevada School Of Medicine Medical Services | 6/29/21 | $10,698,635 |
Arup Laboratories Inc Laboratory Services | 6/29/21 | $4,233,851 |
Waste Management Waste Services | 6/29/21 | $2,779,112 |
Aramark Uniform & Career Uniform Services | 6/29/21 | $3,945,283 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,570,182 |
Investment income | $49,175 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $585,000 |
Net Gain/Loss on Asset Sales | -$128,309 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $162,814 |
Miscellaneous Revenue | $0 |
Total Revenue | $918,236,960 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $1,346,733 |
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 to disqualified persons | $0 |
Other salaries and wages | $276,407,118 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $51,728,382 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $22,156 |
Fees for services: Accounting | $109 |
Fees for services: Lobbying | $37,965 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $225,837,374 |
Advertising and promotion | $1,285 |
Office expenses | $14,868,079 |
Information technology | $2,023,215 |
Royalties | $0 |
Occupancy | $7,350,291 |
Travel | $481,423 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $243,651 |
Interest | $17,075,458 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,238,376 |
Insurance | $692,865 |
All other expenses | $0 |
Total functional expenses | $878,215,022 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $600 |
Savings and temporary cash investments | $102,414,577 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $123,862,272 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $27,682,145 |
Prepaid expenses and deferred charges | $3,479,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $307,229,399 |
Total assets | $920,238,119 |
Accounts payable and accrued expenses | $38,786,080 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $397,491,497 |
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 | $276,303,628 |
Total liabilities | $712,581,205 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $207,656,914 |
Over the last fiscal year, Renown Regional Medical Center has awarded $1,562,778 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Reno, NV PURPOSE: Patient Assistance | $1,435,865 |
Reno, NV PURPOSE: Patient Assistance | $126,913 |
Over the last fiscal year, we have identified 2 grants that Renown Regional Medical Center has recieved totaling $24,047.
Awarding Organization | Amount |
---|---|
American Heart Association Inc Dallas, TX PURPOSE: STROKE PROGRAMS | $23,547 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
Grossmont Hospital Corporation San Diego, CA | $1,425,066,151 | $963,761,157 |
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,990,776,088 | $820,638,690 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,315,158,731 | $740,897,251 |
Enloe Medical Center Chico, CA | $774,318,013 | $814,037,880 |
Torrance Memorial Medical Center Torrance, CA | $1,308,904,790 | $749,888,639 |
Saint Alphonsus Regional Medical Center Inc Boise, ID | $925,610,000 | $796,092,917 |
Pomona Valley Hospital Medical Center Pomona, CA | $766,840,577 | $699,695,626 |
Tucson Medical Center Tucson, AZ | $695,529,192 | $712,683,954 |
Sky Lakes Medical Center Inc Klamath Falls, OR | $459,854,725 | $667,970,427 |