Overview
What is Renown Medical School Associates North Inc?
Renown Medical School Associates North Inc, based in Reno, Nevada, is a prominent nonprofit organization that focuses on delivering patient care services, medical education, and conducting scientific research. It serves a diverse patient population and provides valuable clinical training experiences for medical students, residents, and fellows. The organization is structured around 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 with Renown Health, the University of Nevada, Reno, and its School of Medicine. This collaboration aims to efficiently advance shared clinical, research, and educational purposes, resulting in an integrated health system committed to enhancing medical education, clinical research, and patient care in Nevada. The goal is to create healthy communities throughout the state and address the provider gap by innovatively training and retaining the next generation of healthcare professionals. As part of their commitment to the community, Renown Medical School Associates North, along with its parent company and subsidiaries, contributed approximately $99 million in benefits during the six-month period ending December 31, 2022. For more detailed information on the organization's community involvement and initiatives, visit Renown Health's website.
Official website here: www.renown.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating from Charity Navigator.
Renown Medical School Associates North Inc has received an 81% score, reflecting a solid performance in accountability and finance, which is the sole basis for its rating. The organization has demonstrated commendable oversight with no material diversions of assets reported, and it successfully meets all financial governance standards.
The charity excels in transparency, as evidenced by its comprehensive policies for conflict of interest and whistleblower protections, alongside a clear structure for document retention. Additionally, it maintains a favorable liabilities to assets ratio, indicating sound financial health and prudent management of resources.
However, while the high program expense ratio suggests that a significant portion of its expenditures supports its programs, further insights into its overall impact and effectiveness in achieving its mission may provide a more complete picture of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Renown Medical School Associates North Inc legitimate?
Renown Medical School Associates North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renown Medical School Associates North Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,632,810
For more financial information, click here
Official website here: www.renown.org
What is the mission statement of Renown Medical School Associates North Inc?
Renown Medical School Associates North Inc's mission is centered around improving patient care, increasing access to healthcare services, and advancing medical research. Through their affiliation with Renown Health and the University of Nevada, Reno School of Medicine, they aim to establish an integrated health system that delivers world-class medical education, clinical research, and patient care. The goal is to transform healthcare services and create healthier communities across Nevada. The Affiliation's mission includes improving the quality of patient care, expanding research capabilities, creating new clinical training experiences, and increasing access to clinical trials. It also focuses on recruiting physicians to grow clinical, educational, and research programs, and addressing the provider gap by developing innovative ways to train and retain healthcare professionals. The Affiliation provided approximately $99 million in community benefit during the six-month period ending December 31, 2022.
Official website here: www.renown.org
Who is the CEO of Renown Medical School Associates North Inc?
Bethany Sexton is the CEO of Renown Medical School Associates North Inc The CEO's salary of Renown Medical School Associates North Inc is $0 and their total compensation is $771,934.
Official website here: www.renown.org
What is the revenue of Renown Medical School Associates North Inc?
Renown Medical School Associates North Inc's revenue in 2023 was $11,460,530.
Official website here: www.renown.org
Who are the executives of Renown Medical School Associates North Inc and what are their salaries?
Here are 8 key members and their salaries (Renown Medical School Associates North Inc's CEO's salary is $0 and their total compensation is $771,934):
- Compensation: $0
- Related: $1,288,090
- Other: $215,714
- Compensation: $0
- Related: $822,915
- Other: $110,675
- Compensation: $0
- Related: $768,059
- Other: $18,368
- Compensation: $0
- Related: $678,306
- Other: $93,628
- Compensation: $0
- Related: $593,777
- Other: $11,028
- Compensation: $0
- Related: $406,006
- Other: $30,797
- Compensation: $0
- Related: $285,584
- Other: $15,531
- Compensation: $0
- Related: $258,309
- Other: $30,093
Official website here: www.renown.org
Where can I find the form 990 for Renown Medical School Associates North Inc?
Renown Medical School Associates North Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.renown.org
Learn more at the official website: www.renown.org
Mission Statement of Renown Medical School Associates North Inc
Renown Medical School Associates North, a prominent entity in the healthcare sector, is committed to making a significant impact on the health and well-being of individuals and communities. Their mission, in essence, is threefold: to deliver exceptional patient care services, to foster medical education, and to conduct groundbreaking scientific research. This organization, often serving a diverse patient population, provides clinical experiences for medical students, residents, and fellows, thereby contributing to the nurturing of future healthcare professionals.
In an effort to advance their shared clinical, research, and educational purposes, Renown Medical School Associates North entered into an Affiliation Agreement with Renown Health, the University of Nevada, Reno, and its School of Medicine. This alliance, a long-term commitment, established Nevada's first integrated health system. The goal of this Affiliation was to provide world-class medical education, clinical research, and patient care, thereby transforming healthcare services and fostering healthier communities across Nevada. The integrated relationship sought to improve patient care, increase access to care, create new clinical training experiences for students and residents, and expand research capabilities.
In summary, Renown Medical School Associates North, through its mission and affiliations, strives to enhance patient care, champion medical education, and drive scientific research. The organization's ultimate aim is to create a healthier Nevada by fostering an integrated clinical, educational, and research relationship, promoting quality patient care, and increasing access to healthcare services.
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Impact
July, 2024
Renown Medical School Associates North Inc's impact is significant in the healthcare field, particularly in patient care services, medical education, and scientific research. By providing care to a diverse patient population and offering clinical educational experiences for medical students, residents, and fellows, Renown Medical School Associates North plays a crucial role in advancing medical knowledge and training future healthcare professionals.
Moreover, the affiliation agreement entered into by Renown Medical School Associates North, Renown Health, the University of Nevada, Reno School of Medicine, and the Board of Regents of the Nevada System of Higher Education underscores their commitment to integrating medical education, clinical research, and patient care activities. This collaboration aims to improve the quality of patient care, increase access to care for all individuals, and create innovative clinical programs to serve the community.
Through their combined efforts and shared vision of "A Healthy Nevada," Renown Medical School Associates North and its affiliates are transforming the delivery of healthcare services and creating healthier communities in Nevada. The organization's community benefit initiatives, which totalled approximately $99 million in the six-month period ending December 31, 2022, further demonstrate their dedication to making a positive impact on the well-being of the community they serve.
This information is meant to be a general summary of Renown Medical School Associates North Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $11,346,252
- Gross Receipts: $11,460,530
Assets and Liabilities:
- Total Assets: $22,071,068
- Total Liabilities: $4,374,711
- Net Assets: $17,696,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Services
Revenue
$10,237,956
Physician Service Admi
Revenue
$1,108,296
Organization Details
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