Overview
What is Renown Regional Medical Center?
Renown Regional Medical Center is a renowned, 808-bed, nonprofit hospital based in Reno, Nevada. It provides a comprehensive range of medical services, acting as the region's only Level II Trauma Center between Sacramento and Salt Lake City. The hospital is committed to serving the communities in Nevada and northeastern California, offering necessary healthcare services regardless of various factors. Renown Regional is a teaching hospital for the University of Nevada-Reno School of Medicine and regional healthcare professionals. It boasts a full spectrum of specialties, including cancer, heart, neurosciences, orthopedics, and women's and children's health. The hospital's board of community members governs it and extends privileges to eligible medical staff. Renown Regional reinvested approximately $99 million in community benefits in the six months ending December 31, 2022. As part of an integrated health network, it offers numerous services that otherwise would require people to travel to other cities, such as a Level II Trauma Center, a pediatric intensive care unit, and various accredited labs and programs.
Official website here: www.renown.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Renown Regional Medical Center has achieved an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is based on their strong commitment to governance, with 88% of board members being independent. This independence, along with a comprehensive audit and oversight committee, contributes to the organization's transparency and reliability.
The medical center exhibits commendable financial practices, evidenced by a program expense ratio of 81.75%, indicating that a significant portion of its revenue is dedicated to its programs and services. Additionally, the presence of well-established policies regarding conflicts of interest, whistleblowing, and document retention further enhances its credibility.
While the rating is favorable, the charity's performance is primarily centered around financial accountability. This focus may suggest limitations in areas such as service delivery impact or program effectiveness, which are not reflected in the current rating. Nonetheless, the overall governance framework is robust, promising a reliable organization for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Renown Regional Medical Center legitimate?
Renown Regional Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renown Regional Medical Center 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: $187,243,898
For more financial information, click here
Official website here: www.renown.org
What is the mission statement of Renown Regional Medical Center?
Renown Regional Medical Center is dedicated to making a significant difference in the health and well-being of the people they serve. As an accredited, full-service hospital, they offer a wide range of medical, diagnostic, and ancillary services, prioritizing access regardless of personal characteristics. Their team of medical professionals covers various specialties, including cancer, heart, neurosciences, and orthopedics, among others. Renown Regional is led by a board of community members and partners with universities and other healthcare organizations for medical education and research. They reinvest in their community by providing essential healthcare services and programs, including trauma care, pediatric intensive care, and robotic surgery. Renown Regional's mission extends to offering clinical research trials, ensuring the best possible care for their patients.
Official website here: www.renown.org
Who is the CEO of Renown Regional Medical Center?
Brian Erling is the President/Ceo (Nov-Dec) of Renown Regional Medical Center. The CEO's salary of Renown Regional Medical Center is $0 and their total compensation is $183,417.
Official website here: www.renown.org
What is the revenue of Renown Regional Medical Center?
Renown Regional Medical Center's revenue in 2022 was $546,689,447.
Official website here: www.renown.org
Who are the executives of Renown Regional Medical Center and what are their salaries?
There 192 volunteers at Renown Regional Medical Center.
Here are 21 key members and their salaries (Renown Regional Medical Center's CEO's salary is $0 and their total compensation is $183,417):
- Compensation: $0
- Related: $923,348
- Other: $150,427
- Compensation: $0
- Related: $713,325
- Other: $119,311
- Compensation: $0
- Related: $669,952
- Other: $109,755
- Compensation: $432,711
- Related: $0
- Other: $24,536
- Compensation: $332,471
- Related: $0
- Other: $36,740
- Compensation: $328,584
- Related: $0
- Other: $33,415
- Compensation: $236,454
- Related: $0
- Other: $23,637
- Compensation: $223,665
- Related: $0
- Other: $29,625
- Compensation: $0
- Related: $232,791
- Other: $13,044
- Compensation: $0
- Related: $183,417
- Other: $0
- Compensation: $0
- Related: $52,760
- Other: $0
- Compensation: $0
- Related: $28,736
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
- Related: $15,196
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $11,250
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.renown.org
Where can I find the form 990 for Renown Regional Medical Center?
Renown Regional Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.renown.org
Learn more at the official website: www.renown.org
Mission Statement of Renown Regional Medical Center
Renown Regional Medical Center, a leading acute-care hospital, is dedicated to enhancing the health and well-being of the people it serves. With a capacity of 808 beds, this not-for-profit institution functions as the region's sole Level II trauma center, providing essential medical services to communities in Nevada and northeastern California.
Missioned to make a genuine difference, Renown Regional Medical Center offers a comprehensive range of diagnostic and therapeutic services, serving various medical specialties such as cancer, heart, neurosciences, surgery, and women's and children's health. The organization's team of committed healthcare professionals is further supported by its partnership with the University of Nevada-Reno School of Medicine, enabling the professional development of future medical professionals in the region.
Adhering to a policy of non-discrimination, Renown Regional Medical Center provides necessary medical services to all, disregarding factors such as race, creed, sex, gender, national origin, handicap, age, or ability to pay. As a significant contributor to the community, the organization reinvested approximately $99 million in community benefits during the last six months of 2022. Renown Regional Medical Center houses multiple Centers for Advanced Medicine, housing medical specialty and subspecialty practices, and offering over 40 physician specialties. In collaboration with its medical staff, the hospital aims to provide the highest quality patient care, medical education, and research.
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Impact
October, 2024
Renown Regional Medical Center significantly impacts the health and well-being of communities across Nevada and northeastern California. As an accredited 808-bed acute-care hospital, it serves as the region's only Level II trauma center, providing essential medical services that otherwise necessitate long-distance travel for patients.
The facility offers a comprehensive range of specialties, including cancer care, cardiology, neuroscience, orthopedics, and emergency services, ensuring access to critical healthcare for diverse populations, regardless of their background or ability to pay. With a commitment to medical education, it also functions as a teaching hospital for the University of Nevada-Reno School of Medicine, cultivating the next generation of healthcare professionals.
Additionally, Renown Regional invests in advanced technology and treatment options, such as the TomoTherapy High Art System, Varian TrueBeam, and a dedicated PET/CT scanner, enhancing patient care and outcomes. By prioritizing community needs, the center provided approximately $99 million in benefits during a six-month period, emphasizing its role as a cornerstone of public health in the region. Its governance by a community board ensures local representation and accountability, further strengthening its mission to improve healthcare access and quality in the areas it serves.
This information is meant to be a general summary of Renown Regional Medical Center. 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 2022.
- Investment Income: $1,037,920
- Program Service Revenue: $533,409,610
- Gross Receipts: $547,226,002
Assets and Liabilities:
- Total Assets: $812,060,290
- Total Liabilities: $850,982,911
- Net Assets: -$38,922,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Services
Revenue
$368,637,797
Laboratory Services
Revenue
$102,160,605
Patient Prescriptions
Revenue
$61,119,166
Cafeteria
Revenue
$1,492,042
Organization Details
Founding Year
1985
Phone
(775) 982-6488Principal Officer
Brian Erling
Main Address
1155 Mill St CO Tax Treasury Z-4, Reno, NV, 89502
Website
www.renown.orgNTEE Category
Code: E220 - Health
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