Form 990 for tax year 2023

Totals

Total revenue

$16,866,514

Total expenses

$11,788,407

Contributions and grants received

$16,645,954

Grants paid

$9,065,999

Program service revenue

$0

Investment income

$285,110

Other revenue

-$64,550

Total assets, end of year

$51,128,953

Total liabilities, end of year

$1,053,224

Net assets or fund balances, end of year

$50,075,729

Program services expenses (Part IX)

$9,065,999

Management and general expenses

$2,722,408

Fundraising expenses

$0

Program service expenses (Part III)

$9,065,999

Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• See Schedule ORenown Health is Reno's only not-for-profit hospital. Community support and partnership are essential to the services we provide and donor contributions of any size make a significant impact on our community. Renown Health Foundation, founded in 1985, carries forward an essential tradition - pairing donor support with our community's most vital needs. Support for Renown Health Foundation stays here to fund and support patients through enhanced prevention and education programs, state-of-the-art equipment, and important medical research. Renown Health Foundation is working hard to ensure families have access to care, now and into the future. Here are a few recent projects and programs that show the impact of donations: * Renown Children's Hospital Endowment Fund * William N. Pennington Cancer Institute at Renown * Patient Assistance * Child Life Program * Clinical training and educationRenown Health is focused on being the destination for our community's health and healthcare needs. Renown Health Foundation raises funds for all our major service lines, including cancer, heart and vascular health, rehabilitation, pediatric services and behavioral health and addiction. For the year ended December 31, 2023, Renown Health Foundation, along with its parent, Renown Health and its subsidiaries, provided approximately $274 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: https://www.renown.org/about/community-commitment.

  Expenses $9,065,999 · Grants $9,065,999

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• Renown Regional Medical Center

  $4,670,839

  Equipment purchases and Supporting Operations

• Hometown Health Management Company

  $1,821,914

  Equipment purchases and Supporting Operations

• Renown South Meadows Medical Center

  $1,594,212

  Equipment purchases and Supporting Operations

• Renown Health

  $122,656

  Equipment purchases and Supporting Operations

• Renown Medical School Associates North Inc

  $114,278

  Equipment purchases and Supporting Operations

• Renown Transitional Care Services

  $58,228

  Equipment purchases and Supporting Operations

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• Renown Health

  501(c)(3) · Health Care · NV

• Renown Regional Medical Center

  501(c)(3) · Hospital · NV

  Directly controlled by Renown Health

• Renown Transitional Care Services

  501(c)(3) · Health Care · NV

  Directly controlled by Renown Health

• Renown South Meadows Medical Center

  501(c)(3) · Hospital · NV

  Directly controlled by Renown Health

• Hometown Health Plan

  501(c)(4) · HMO · NV

  Directly controlled by Renown Health

• Renown Medical School Associates North Inc

  501(c)(3) · Patient Care · NV

  Directly controlled by Hometown Health Plan

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2023

Filed

12 November 2024

IRS schema version

2023v5.1

Source object

202403189349310840

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