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Renown Health

Reno, NV · EIN 94-2972845 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Renown Health reported $257.1 million in revenue and $295.9 million in expenses for calendar year 2024. Of every $100 it spent, $87.28 went to program services, $12.72 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: 95.5% of the total. The highest compensation it reported for one person was $2,097,846 (President/CEO). 188 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $296M

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 $257M

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)
87.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
12.7%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
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
95.5%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)
0.71%1.34%
People paid over $100,000
Part VII, line 2
18827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.16.6
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
$258M expenses · 100.0% of program spending · grants $43M · revenue $246M

See Schedule ORenown Health is the parent company of northern Nevada's largest, private, not-for-profit healthcare network. Our income stays right here in the community to provide many programs and services that would otherwise be unavailable. Renown Health is dedicated to this region and governed by local community leaders and physicians. We are proud to provide the health and education that our friends, neighbors and family members expect and deserve.Founded in 1862, as the Washoe Clinic, to treat patients affected by a smallpox outbreak in Washoe County, Renown Health was created by…

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, 13.00 hrs/week
$1,872,333$0$225,513$2,097,846
CEO Medical Group
Highest compensated employee, 60.00 hrs/week
$817,110$0$40,268$857,378
Chief Legal Counsel
Highest compensated employee, 60.00 hrs/week
$665,629$0$108,951$774,580
Chief Medical Officer
Highest compensated employee, 60.00 hrs/week
$627,257$0$117,656$744,913
Former Chief HR Officer (thru 05/22)
Former, 0.00 hrs/week
$714,593$0$0$714,593
Chief Information Officer
Highest compensated employee, 60.00 hrs/week
$610,748$0$21,082$631,830
VP of Finance
Highest compensated employee, 60.00 hrs/week
$536,323$0$35,392$571,715
Financial Officer (as of 07/24)
Officer, 13.00 hrs/week
$392,905$0$60,260$453,165

188 people received more than $100,000 in reportable compensation from Renown Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).

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$100M$200M$300M$400MFY2020FY2021FY202220232024$257M$296M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$257M$296M87.3%$422M$2,097,846
2023 ⓘ$241M$280M90.7%$347M$1,503,804
FY2022 (6 mo.) ⓘ$120M$120M88.8%$329M$1,073,775
FY2022 ⓘ$223M$233M88.1%$311M$2,762,722
FY2021 ⓘ$203M$218M89.0%$515M$1,768,024
FY2020 ⓘ$184M$208M88.9%$474M$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 2No
  • 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 58,931

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
NTT Managed Services Americas LLC
IT Services
$12,133,135
EPIC Systems Corp
Software Maintenance
$5,670,389
Microsoft Corporation
Software Maintenance
$4,792,436
R4 Solutions Inc
Consulting Services
$4,332,034
The Herjavec Group
IT Services
$3,997,301

Individuals listed as contractors are left out. 104 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Renown Health'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 Health, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Nevada

Questions people ask

How much of Renown Health's spending goes to programs?

In calendar year 2024, Renown Health reported that 87.3% of its $295.9 million in expenses went to program services, 12.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Renown Health pay its top executive?

The largest total compensation Renown Health 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 Health get its money?

Of $257.1 million in revenue in calendar year 2024, 0.2% came from contributions and grants and 95.5% from program service revenue (Form 990, Part VIII).

Is Renown Health a registered charity?

The IRS lists EIN 94-2972845 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202523189349315522 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403189349311715 · read the filing
  • FY2022 (6 mo.): Form 990 for the 6-month short period ending December 31, 2022, object 202313179349303186 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349307574 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349305233 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349302584 · read the filing

All filings for EIN 94-2972845: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.