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Renown Regional Medical Center

Reno, NV · EIN 88-0213754 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Renown Regional Medical Center reported $1.42 billion in revenue and $1.28 billion in expenses for calendar year 2024. Of every $100 it spent, $83.85 went to program services, $16.15 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.8% of the total. The highest compensation it reported for one person was $2,097,846 (President/CEO). 1,087 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.28B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $1.42B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,097,846$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.16%1.34%
People paid over $100,000
Part VII, line 2
1,08727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.96.6
Independent voting board members
Part VI 1a–1b
10 of 1188.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.07B expenses · 100.0% of program spending · grants $6.9M · revenue $1.40B

See Schedule ORenown Regional Medical Center is an accredited, 826-licensed bed, general and acute-care hospital serving communities in Nevada and northeastern California. A not-for-profit hospital offering a full range of medical, diagnostic and ancillary services, Renown Regional provides the only designated Level II Trauma Center between Sacramento and Salt Lake City. It is a teaching hospital for the professional development of the University of Nevada, Reno School of Medicine, the Orvis School of Nursing at the University of Nevada, Reno and the region's healthcare professionals.Renown…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President/CEO
Director/trustee, officer, 23.00 hrs/week
$0$1,872,333$225,513$2,097,846
CEO Renown Regional
Highest compensated employee, 60.00 hrs/week
$600,391$0$111,586$711,977
COO Renown Regional
Highest compensated employee, 60.00 hrs/week
$442,805$0$39,391$482,196
CFO Acute Care
Highest compensated employee, 60.00 hrs/week
$437,176$0$31,020$468,196
Financial Officer (as of 07/24)
Officer, 32.00 hrs/week
$0$392,905$60,260$453,165
VP and Admin Oncology
Highest compensated employee, 60.00 hrs/week
$358,173$0$38,227$396,400
CNO Regional
Highest compensated employee, 60.00 hrs/week
$354,859$0$20,310$375,169
Chief Financial Officer (thru 01/24)
Officer, 32.00 hrs/week
$0$210,679$2,042$212,721

1,087 people received more than $100,000 in reportable compensation from Renown Regional Medical Center (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$500M$1.00B$1.50B$2.00BFY2020FY2021FY202220232024$1.42B$1.28B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.42B$1.28B83.9%$92M$2,097,846
2023 ⓘ$1.17B$1.10B82.6%−$131M$1,781,034
FY2022 (6 mo.) ⓘ$547M$537M82.5%−$39M$1,073,775
FY2022 ⓘ$977M$1000M81.5%$63M$2,762,722
FY2021 ⓘ$963M$945M82.2%$299M$1,768,024
FY2020 ⓘ$918M$878M82.1%$208M$1,862,219

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6346

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Clark & Sullivan Constructors
Construction Services
$26,331,908
Sodexo America LLC
Facility Management Services
$22,635,605
Healthtrust Workforce Solutions LLC
Healthcare Labor Services
$19,301,651
University of Nevada Reno
Medical Services
$9,034,861
Shields Health Solutions Holdings LLC
Consulting Services
$6,497,141

Individuals listed as contractors are left out. 139 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Renown Regional Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Renown Regional Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Renown Regional Medical Center's spending goes to programs?

In calendar year 2024, Renown Regional Medical Center reported that 83.9% of its $1.28 billion in expenses went to program services, 16.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Renown Regional Medical Center pay its top executive?

The largest total compensation Renown Regional Medical Center reported for one person in calendar year 2024 was $2,097,846, for the role of President/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Renown Regional Medical Center get its money?

Of $1.42 billion in revenue in calendar year 2024, 1.1% came from contributions and grants and 98.8% from program service revenue (Form 990, Part VIII).

Is Renown Regional Medical Center a registered charity?

The IRS lists EIN 88-0213754 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533189349315293 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443189349311604 · read the filing
  • FY2022 (6 mo.): Form 990 for the 6-month short period ending December 31, 2022, object 202323179349303077 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349308255 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349307800 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349302772 · read the filing

All filings for EIN 88-0213754: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.