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Nonprofiteer
← RENOWN HEALTH FOUNDATION

Form 990 for tax year 2022

Filed by RENOWN HEALTH FOUNDATION.

Totals

Total revenue
$4,100,477
Total expenses
$7,609,047
Contributions and grants received
$3,608,957
Grants paid
$7,516,320
Program service revenue
$0
Investment income
$499,932
Other revenue
-$8,412
Total assets, end of year
$40,523,537
Total liabilities, end of year
$1,238,775
Net assets or fund balances, end of year
$39,284,762
Program services expenses (Part IX)
$7,537,852
Management and general expenses
$2,890
Fundraising expenses
$68,305
Program service expenses (Part III)
$7,537,852

Program services were 99.1% 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.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $75,590

  • 1e · Government grants (contributions)

    $110,480

  • 1f · All other contributions, gifts and grants

    $3,422,887

  • 1g · Noncash contributions included above

    $21,532

  • 3 · Investment income

    total $499,932 · excluded $499,932

  • 8a · Fundraising events: gross income

    $7,610

  • 8a · Fundraising events: contributions included on line 1c

    $75,590

  • 8b · Fundraising events: direct expenses

    $16,022

  • 8c · Net income from fundraising events

    total -$8,412 · excluded -$8,412

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,516,320 · program services $7,516,320

  • 11f · Fees: investment management

    total $2,890 · management and general $2,890

  • 24e · All other expenses

    total $89,837 · program services $21,532 · fundraising $68,305

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $19,850,697 · end of year $19,212,905

  • 3 · Pledges and grants receivable

    beginning of year $4,858,635 · end of year $1,524,288

  • 11 · Investments: publicly traded securities

    beginning of year $19,464,121 · end of year $19,522,713

  • 15 · Other assets

    beginning of year $374 · end of year $263,631

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,082 · end of year $0

  • 19 · Deferred revenue

    beginning of year $520,165 · end of year $533,973

  • 25 · Other liabilities

    beginning of year $415,921 · end of year $704,802

  • 27 · Net assets without donor restrictions

    beginning of year $9,857,292 · end of year $7,242,999

  • 28 · Net assets with donor restrictions

    beginning of year $33,375,367 · end of year $32,041,763

Mission and programs · 2022

Mission

Renown Health makes a genuine difference in the health and well-being of the people and communities we serve.

Activities or mission (Part I)

Fundraising for Renown Health and affiliates.

  • 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 six-month period ended December 31, 2022, Renown Health Foundation, 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 community needs assessment and community benefit plan, go to https://www.renown.org/about/community-commitment.

    Expenses $7,537,852 · Grants $7,516,320

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Josiah Johnson - President

    (Jul-Nov)/Chief of Staff

    Total calculated
    $1,073,775
    From this org
    $0
    From related orgs
    $923,348
    Other
    $150,427
    Hours/week
    9 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $781,371 related
    Bonus
    $0 + $139,454 related
    Other
    $0 + $2,523 related
    Deferred
    $0 + $126,298 related
    Nontaxable benefits
    $0 + $25,590 related
    Filer's total
    $0 + $1,075,236 related
  • Thomas Graf - CEO Jul-Nov

    Chief Clinical & Quality Officer

    Total calculated
    $832,636
    From this org
    $0
    From related orgs
    $713,325
    Other
    $119,311
    Hours/week
    9 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $709,455 related
    Bonus
    $0
    Other
    $0 + $3,870 related
    Deferred
    $0 + $94,702 related
    Nontaxable benefits
    $0 + $24,608 related
    Filer's total
    $0 + $832,635 related
  • Ann Beck

    Chief Financial Officer

    Total calculated
    $779,707
    From this org
    $0
    From related orgs
    $669,952
    Other
    $109,755
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $559,973 related
    Bonus
    $0 + $98,876 related
    Other
    $0 + $11,103 related
    Deferred
    $0 + $95,400 related
    Nontaxable benefits
    $0 + $15,817 related
    Filer's total
    $0 + $781,169 related
  • Anthony Slonim

    Former Officer

    Total calculated
    $245,835
    From this org
    $0
    From related orgs
    $232,791
    Other
    $13,044
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $231,898 related
    Bonus
    $0
    Other
    $0 + $893 related
    Deferred
    $0 + $7,012 related
    Nontaxable benefits
    $0 + $6,032 related
    Filer's total
    $0 + $245,835 related
  • Brian Erling

    President/CEO (Nov-Dec)

    Total calculated
    $183,417
    From this org
    $0
    From related orgs
    $183,417
    Other
    $0
    Hours/week
    9 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,310 related
    Bonus
    $0 + $30,000 related
    Other
    $0 + $7,107 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $183,417 related
  • Philip Landis

    Director

    Total calculated
    $148,566
    From this org
    $0
    From related orgs
    $123,537
    Other
    $25,029
    Hours/week
    3 + 57 related
  • Stephanie Kruse

    Chair

    Total calculated
    $0
    Hours/week
    3
  • Brian Cushard

    Vice Chair

    Total calculated
    $0
    Hours/week
    3
  • Chelsea Dethmers

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • Robert Levy

    Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Don Bernard Sr

    Director

    Total calculated
    $0
    Hours/week
    3
  • William Brinton

    Director

    Total calculated
    $0
    Hours/week
    3
  • Danny DeLaRosa

    Director

    Total calculated
    $0
    Hours/week
    3
  • Rebecca Dickson

    Director

    Total calculated
    $0
    Hours/week
    3
  • Brady Dolan

    Director (Jul-Aug)

    Total calculated
    $0
    Hours/week
    3
  • Harvey Fennell

    Past Chair

    Total calculated
    $0
    Hours/week
    3
  • Alfred Giuffrida

    Director

    Total calculated
    $0
    Hours/week
    3
  • Matthew Gray

    Director

    Total calculated
    $0
    Hours/week
    3
  • Gene Lumsden

    Director

    Total calculated
    $0
    Hours/week
    3
  • Patricia Meidell

    Director

    Total calculated
    $0
    Hours/week
    3
  • Sushil Patel

    Director

    Total calculated
    $0
    Hours/week
    3
  • Michael Rosenauer

    Director

    Total calculated
    $0
    Hours/week
    3
  • BJ Sullivan

    Director

    Total calculated
    $0
    Hours/week
    3
  • Joseph Wieczorek

    Director

    Total calculated
    $0
    Hours/week
    3
  • Sarah Carmona Zink

    Director

    Total calculated
    $0
    Hours/week
    3

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

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Renown Health Foundation relied on Renown Health, a related organization to establish compensation for its top management official. Renown Health used the following methods to establish compensation: compensation committee, independent compensation consultant, compensation survey or study, and approval by the board or compensation committee. See Renown Health's Form 990, Schedule O, narrative for Part VI, Section B, Line 15 for a description of the process utilized by Renown Health.
Part I, Line 4b
Thomas Graf, Ann Beck, and Josiah Johnson are parties to a supplemental nonqualified retirement plan. Contributions of $82,502 to Thomas Graf, $84,752 to Ann Beck, and $114,098 to Josiah Johnson were included in Schedule J, Part II, Column (C).

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

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Renown Businesses

    C · Health Care · NV

  • Hometown Health Management Company

    C · Management Services · NV

  • Hometown Health Providers Insurance Co

    C · Insurance · NV

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202343179349303709

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