Skip to content
Nonprofiteer
← RENOWN MEDICAL SCHOOL ASSOCIATES NORTH INC

Form 990 for tax year 2022

Filed by RENOWN MEDICAL SCHOOL ASSOCIATES NORTH INC.

Totals

Total revenue
$5,186,659
Total expenses
$7,683,986
Contributions and grants received
$78,667
Grants paid
$175,000
Program service revenue
$5,107,992
Investment income
$0
Other revenue
$0
Total assets, end of year
$22,071,068
Total liabilities, end of year
$4,374,711
Net assets or fund balances, end of year
$17,696,357
Program services expenses (Part IX)
$6,404,890
Management and general expenses
$1,279,096
Fundraising expenses
$0
Program service expenses (Part III)
$6,404,890

Program services were 83.4% 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.

  • 1d · Related organizations

    $78,667

  • 2a · Program service revenue: Patient Services

    total $5,107,992 · related or exempt $5,107,992

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $175,000 · program services $175,000

  • 7 · Other salaries and wages

    total $1,057,949 · program services $1,057,949

  • 8 · Pension plan contributions

    total $3,827 · program services $3,827

  • 9 · Other employee benefits

    total $129,304 · program services $129,304

  • 10 · Payroll taxes

    total $69,657 · program services $69,657

  • 11g · Fees: other

    total $3,954,357 · program services $2,806,804 · management and general $1,147,553

  • 13 · Office expenses

    total $37,028 · program services $28,934 · management and general $8,094

  • 14 · Information technology

    total $27,054 · program services $27,054

  • 16 · Occupancy

    total $779,324 · program services $779,324

  • 17 · Travel

    total $691 · program services $691

  • 22 · Depreciation, depletion and amortization

    total $563,724 · program services $563,724

  • 23 · Insurance

    total $60,438 · program services $60,438

  • 24a · Other expenses: Medical Supplies

    total $364,335 · program services $364,335

  • 24b · Other expenses: Dues and Subscriptions

    total $122,999 · program services $60 · management and general $122,939

  • 24c · Other expenses: Licenses and Taxes

    total $8,607 · program services $8,575 · management and general $32

  • 24d · Other expenses: Repairs and Maintenance

    total $8,058 · program services $8,058

  • 24e · All other expenses

    total $321,634 · program services $321,156 · management and general $478

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $15,067 · end of year $5,780

  • 4 · Accounts receivable

    beginning of year $1,219,800 · end of year $2,893,624

  • 9 · Prepaid expenses and deferred charges

    beginning of year $212,845 · end of year $212,594

  • 10a · Land, buildings and equipment: cost or other basis

    $3,985,435

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,283,438

  • 10c · Land, buildings and equipment, net

    beginning of year $3,019,254 · end of year $2,701,997

  • 15 · Other assets

    beginning of year $11,284,318 · end of year $16,257,073

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,290,806 · end of year $1,023,168

  • 25 · Other liabilities

    beginning of year $3,115,270 · end of year $3,351,543

  • 27 · Net assets without donor restrictions

    beginning of year $11,345,208 · end of year $17,696,357

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)

To provide patient care services, medical education, and scientific research.

  • See Schedule ORenown Medical School Associates North ("RMSAN") provides patient care services, medical education, and scientific research. RMSAN provides care to a diverse patient population while providing clinical educational experiences for medical students, residents, and fellows. RMSAN is comprised of seven clinical departments including Family Medicine, Internal Medicine, Pediatrics, Obstetrics/Gynecology, Psychiatry, Speech Pathology and Audiology and Pathology. In 2021, Renown Medical School Associates North entered into an Affiliation Agreement (the "Affiliation") by and among Renown Medical School Associates North, Renown Health ("Renown"), the Board of Regents of the Nevada System of Higher Education on behalf of the University of Nevada, Reno and its School of Medicine: The University of Nevada, Reno School of Medicine ("UNR Med") to more efficiently advance their shared clinical, research and educational purposes. The Affiliation resulted in the integration of medical education, clinical research and clinical practice activities between UNR Med and Renown. The Affiliation is a long-term commitment that establishes Nevada's first integrated health system to advance health and health care through world-class medical education, clinical research and patient care and transforms the delivery of healthcare services and creation of healthy communities throughout Nevada. The goal of the Affiliation is an integrated clinical, educational and research relationship with a shared vision, aligned governance, and unified leadership, through combined efforts working towards the unified vision of "A Healthy Nevada." The Affiliation has a mission of: improving quality patient care; increasing access to care for all, including creating new clinical specialty programs to serve the community; creating new clinical training experiences for residents and students; providing new patient access to clinical trials; expanding the research capabilities of all Parties; creating new residency specialties; increasing medical school student class sizes; and, recruiting physicians to grow clinical, educational and research programs. The Affiliation addresses the provider gap and increases access to care by developing new and innovative ways to train and retain the next generation of Nevada's health care professionals. For the six-month period ended December 31, 2022, Renown Medical School Associates North, 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 $6,404,890 · Grants $175,000 · Revenue $5,107,992

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
    2 + 58 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

  • David Hansen - President and

    Chair/CEO Hometown Health (Jul-Oct)

    Total calculated
    $1,023,026
    From this org
    $0
    From related orgs
    $992,940
    Other
    $30,086
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $411,007 related
    Bonus
    $0 + $90,005 related
    Other
    $0 + $491,928 related
    Deferred
    $0 + $10,801 related
    Nontaxable benefits
    $0 + $20,503 related
    Filer's total
    $0 + $1,024,244 related

  • Thomas Graf - CEO Jul-Nov

    /Chief Clinical and Quality Officer

    Total calculated
    $832,636
    From this org
    $0
    From related orgs
    $713,325
    Other
    $119,311
    Hours/week
    2 + 58 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
    1 + 59 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

  • Bethany Sexton - President and

    Chair/CEO (Oct-Dec)

    Total calculated
    $546,266
    From this org
    $0
    From related orgs
    $458,983
    Other
    $87,283
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,143 related
    Bonus
    $0 + $83,333 related
    Other
    $0 + $1,507 related
    Deferred
    $0 + $61,391 related
    Nontaxable benefits
    $0 + $27,090 related
    Filer's total
    $0 + $547,464 related

  • Sean Hawthorne - Treasurer

    (Jul-Oct)/VP of Finance

    Total calculated
    $413,183
    From this org
    $0
    From related orgs
    $377,951
    Other
    $35,232
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $376,413 related
    Bonus
    $0
    Other
    $0 + $1,538 related
    Deferred
    $0 + $10,410 related
    Nontaxable benefits
    $0 + $25,136 related
    Filer's total
    $0 + $413,497 related

  • Jamie Winter - Secretary

    /Senior Corporate Counsel

    Total calculated
    $268,388
    From this org
    $0
    From related orgs
    $238,655
    Other
    $29,733
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,866 related
    Bonus
    $0
    Other
    $0 + $789 related
    Deferred
    $0 + $6,591 related
    Nontaxable benefits
    $0 + $23,456 related
    Filer's total
    $0 + $268,702 related

  • Samuel King - Former Officer

    Chief Financial Officer (Jul-Sep)

    Total calculated
    $277,213
    From this org
    $0
    From related orgs
    $260,514
    Other
    $16,699
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,327 related
    Bonus
    $0
    Other
    $0 + $46,187 related
    Deferred
    $0 + $4,669 related
    Nontaxable benefits
    $0 + $12,162 related
    Filer's total
    $0 + $277,345 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
    2 + 58 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

  • Bill Coffin - Treasurer

    (Oct-Dec)/CFO (Oct-Dec)

    Total calculated
    $117,013
    From this org
    $0
    From related orgs
    $111,831
    Other
    $5,182
    Hours/week
    3 + 57 related

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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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 Medical School Associates North, Inc. 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, Lines 4a-b
David Hansen received severance payments. Payments of $486,034 to David Hansen were included in Schedule J, Part II, Column (B)(iii). Thomas Graf, Josiah Johnson, Ann Beck, and Bethany Sexton are parties to a supplemental nonqualified retirement plan. Contributions of $82,502 to Thomas Graf, $114,098 to Josiah Johnson, $84,752 to Ann Beck, $52,092 to Bethany Sexton 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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303179349303750

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.