2024-11-13T18:25:03-06:00 2023-12-31 910189318 Moss Adams 2882 Prospect Park Dr Ste 300 Rancho Cordova CA 95670 990 2023-01-01 942972749 Renown Health Foundation RENO 7759826488 1155 Mill St CO Tax Treasury Z-4 Reno NV 89502 Ann Beck Chief Financial Officer 7759826488 2024-11-12 1 0 Tracy S Paglia P00366884 9165038100 2024-11-12 2023 2024-10-15 13:58:12Z Brian Erling 1155 Mill St C/O Tax Treasury Z-4 Reno NV 89502 16987746 0 X www.renown.org X 1985 NV Fundraising for Renown Health and affiliates. 22 18 0 46 0 0 3608957 16645954 0 0 499932 285110 -8412 -64550 4100477 16866514 7516320 9065999 0 0 0 2198444 0 0 0 92727 523964 7609047 11788407 -3508570 5078107 40523537 51128953 1238775 1053224 39284762 50075729 X Renown Health makes a genuine difference in the health and well-being of the people and communities we serve. 0 0 9065999 9065999 0 See Schedule ORenown Health is Reno's only not-for-profit hospital. Community support and partnership are essential to the services we provide and donor contributions of any size make a significant impact on our community. Renown Health Foundation, founded in 1985, carries forward an essential tradition - pairing donor support with our community's most vital needs. Support for Renown Health Foundation stays here to fund and support patients through enhanced prevention and education programs, state-of-the-art equipment, and important medical research. Renown Health Foundation is working hard to ensure families have access to care, now and into the future. Here are a few recent projects and programs that show the impact of donations: * Renown Children's Hospital Endowment Fund * William N. Pennington Cancer Institute at Renown * Patient Assistance * Child Life Program * Clinical training and educationRenown Health is focused on being the destination for our community's health and healthcare needs. Renown Health Foundation raises funds for all our major service lines, including cancer, heart and vascular health, rehabilitation, pediatric services and behavioral health and addiction. For the year ended December 31, 2023, Renown Health Foundation, along with its parent, Renown Health and its subsidiaries, provided approximately $274 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. 9065999 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 18 1 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 X Anna Loomis 7759826488 1155 Mill St Z-4 Reno NV 89502 Brian Erling President/CEO 9.00 51.00 X X 0 1288090 215714 Ann Beck Chief Financial Officer 2.00 58.00 X 0 822915 110675 Eddy Akbar Director 3.00 57.00 X 0 493762 19369 Max Coppes Director 3.00 57.00 X 0 423246 0 Philip Landis Director 3.00 57.00 X 0 120930 20738 Thomas Graf Former Officer 0.00 60.00 X 0 593777 11028 Josiah Johnson Former Officer 0.00 60.00 X 0 768059 18368 Stephanie Kruse Chair 3.00 0.00 X X 0 0 0 Brian Cushard Vice Chair 3.00 0.00 X X 0 0 0 Chelsea Dethmers Secretary 3.00 0.00 X X 0 0 0 Robert Levy Treasurer 3.00 0.00 X X 0 0 0 Don Bernard II Director 3.00 0.00 X 0 0 0 Michael Bloch Director 3.00 0.00 X 0 0 0 Danny DeLaRosa Director 3.00 0.00 X 0 0 0 Rebecca Dickson Director 3.00 0.00 X 0 0 0 Alfred Giuffrida Director 3.00 0.00 X 0 0 0 Matthew Gray Director 3.00 0.00 X 0 0 0 Kristin Griffin Director 3.00 0.00 X 0 0 0 Laif Meidell Director 3.00 0.00 X 0 0 0 Eric Nielsen Director 3.00 0.00 X 0 0 0 Sushil Patel Director 3.00 0.00 X 0 0 0 Mike Richardson Director 3.00 0.00 X 0 0 0 Michael Rosenauer Director 3.00 0.00 X 0 0 0 Joseph Wieczorek Director 3.00 0.00 X 0 0 0 Sarah Carmona Zink Director 3.00 0.00 X 0 0 0 0 4510779 395892 0 1 1 0 0 328257 253665 16064032 683871 16645954 285110 285110 56682 328257 121232 -64550 -64550 16866514 0 0 220560 9065999 9065999 1797289 1797289 401155 401155 8624 8624 299201 299201 7501 7501 19131 19131 110034 110034 34516 34516 Event Expenses 44957 44957 11788407 9065999 2722408 0 19212905 22675203 1524288 4556608 19522713 22030321 263631 1866821 40523537 51128953 533973 50556 704802 1002668 1238775 1053224 X 7242999 7445372 32041763 42630357 39284762 50075729 40523537 51128953 X 5078107 3005529 2707331 X X 0 1 X 1 0 X 5556631 5761691 26886872 3608957 16645954 58460105 5556631 5761691 26886872 3608957 16645954 58460105 22552554 35907551 467126 733629 1665387 499932 285110 3651184 62111289 316136 0.57810 0.52760 X Schedule A, Part II, Column (d): Column (d) reports a short period from July 1, 2022 through December 31, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3938201 4631365 664445 59782 9174229 3658837 385840 47416 153892 3938201 3844264 580639 -508884 257182 3658837 2899240 337268 619277 11521 3844264 2902247 31866 34873 2899240 0.14760 0.77972 0.07268 0 0 0 Due To Affiliates 1002668 1002668 X Part V, Line 4: The endowment funds are used for the following: * Children's Hospital Endowment - Provides support for Renown Children's Hospital * Darlington Memorial Endowment - Provides nursing education * Healing Garden Endowment - Provides Healing Garden upkeep * Myles Family Endowment - Provides for nursing education * Nursing Excellence Endowment- Provides nursing education * Noble Palliative Care Endowment - Provides comfort care for the terminally ill Part X, Line 2: The Foundation has been recognized by the Internal Revenue Service ("IRS") as exempt from federal income taxes under Internal Revenue Code ("IRC") Section 501(a) as an organization described in IRC Section 501(c)(3), qualifying for the charitable contribution deduction and has been determined not to be a private foundation. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Foundation determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements; as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties were incurred. Golf Tournament 212297 181705 30592 14236 43543 8127 7816 Art for Recovery 172642 146552 26090 39990 400 7120 384939 328257 56682 14236 83533 8127 400 14936 121232 -64550 1 Hometown Health Management Company 1155 Mill St Reno NV 89502 880236758 1821914 0 Equipment purchases and Supporting Operations Renown South Meadows Medical Center 1155 Mill St Reno NV 89502 460517825 501(c)(3) 1594212 0 Equipment purchases and Supporting Operations Renown Health 1155 Mill St Reno NV 89502 942972845 501(c)(3) 122656 0 Equipment purchases and Supporting Operations Renown Medical School Associates North Inc 1155 Mill St Reno NV 89502 860881749 501(c)(3) 114278 0 Equipment purchases and Supporting Operations Renown Transitional Care Services 1155 Mill St Reno NV 89502 880231828 501(c)(3) 58228 0 Equipment purchases and Supporting Operations Renown Regional Medical Center 1155 Mill St Reno NV 89502 880213754 501(c)(3) 4670839 683872 FMV Art, Vehicles, Pharmacy Equipment, and Toys Equipment purchases and Supporting Operations 5 1 Part I, Line 2: Organizations provide the Foundation with a request that details their financial expenses. If the requests are approved, funds are paid directly to the organization, so no ongoing monitoring is necessary for this type of assistance. 1 1 0 0 0 0 0 0 0 Brian Erling President/CEO 0 1220589 0 0 0 67501 0 197268 0 18446 0 1503804 0 0 Ann Beck Chief Financial Officer 0 613763 0 197753 0 11399 0 101462 0 9213 0 933590 0 0 Eddy Akbar Director 0 492316 0 1010 0 436 0 16500 0 2869 0 513131 0 0 Max Coppes Director 0 423246 0 0 0 0 0 0 0 0 0 423246 0 0 Thomas Graf Former Officer 0 20157 0 0 0 573620 0 985 0 10043 0 604805 0 0 Josiah Johnson Former Officer 0 18377 0 0 0 749682 0 1030 0 17338 0 786427 0 0 Part I, Line 3 Renown Health Foundation 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 Thomas Graf and Josiah Johnson received severance payments of $573,471 and $749,539, respectively. These amounts are included in Schedule J, Part II, Column (B)(iii). Brian Erling and Ann Beck are parties to a supplemental nonqualified retirement plan. Contributions of $184,068 to Brian Erling and $88,989 to Ann Beck were included in Schedule J, Part II, Column (C). X 3 27450 X 1 15000 X Pharmacy Equipment 11 633333 X Children's Toys and Books 6 8088 0 0 0 0 Part I, Column (b): Column (b) is reporting the number of contributions. Form 990, Part VI, Section A, line 2 Brian Erling, Ann Beck, and Max Coppes have a business relationship. Form 990, Part VI, Section A, line 6 Renown Health is the sole corporate member of Renown Health Foundation. Form 990, Part VI, Section A, line 7a Renown Health, acting through its Board of Directors, appoints the members of the Board of Trustees of Renown Health Foundation. Form 990, Part VI, Section A, line 7b Renown Health must approve: 1) merger, consolidation or dissolution 2) amendment or restatement of the Articles of Incorporation or the Bylaws 3) approval of operating or capital budgets 4) aggregate borrowing of one year or less for any purposes in excess of $10,000 in any fiscal year 5) purchase, sale, lease, disposition, hypothecation, exchange, gift, pledge or encumbrance of any asset, except real property not included in the capital budget 6) purchase, sale, lease, disposition, hypothecation, exchange, gift, pledge or encumbrance of any real property asset 7) appointment or removal of the President 8) appointment of an independent auditor 9) transactions outside the ordinary course of business 10) establishment or operation of another corporation Form 990, Part VI, Section A, line 8b There was no committee during the year that had the broad authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent public accounting firm with support from the organization's tax department. The Form 990 is reviewed by the organization's current Corporate Controller and current Chief Financial Officer prior to the final version being sent to the Board. The Form 990, as filed with the IRS, is sent to each voting member of the Renown Health Board prior to filing. Along with the Form 990 and Schedules, the Renown Health Board is provided with a narrative that explains the contents of the various parts of the return. Form 990, Part VI, Section B, line 12c On an annual basis at or prior to the first regular meeting following the election of new board members, the members of the Renown Health Foundation Board are given an Annual Disclosure Statement. They are expected to perform a reasonable investigation into their business, financial, family or significant personal relationships to disclose any actual or potential conflicts of interest. If, in connection with a proposed transaction or arrangement involving a Renown Health entity, a board member discovers that an actual or possible conflict of interest has arisen that was not disclosed on the Annual Statement, then the board member must disclose the existence and nature of his or her financial interests to the remaining directors that are considering the proposed transaction or arrangement in a timely manner. If a board member discloses an actual or possible conflict of interest, the board member shall leave the board or committee meeting while the remaining board members discuss the financial interest. The remaining board members shall vote upon and decide whether a conflict of interest actually exists. If the remaining board members determine that a conflict does exist, then appropriate measures are taken to ensure the issue is addressed. Form 990, Part VI, Section C, line 19 Renown Health Foundation does not make its governing documents, conflict of interest policy, or financial statements available to the general public. Form 990, Part XI, line 9: Intercompany Settlements 2,707,331. Form 990, Part XI, Line 2b, Audit Committee: Renown Health, the sole member of this entity, has an audit committee that assumes responsibility for the consolidated audit and selection of the independent accountant. Renown Health 1155 Mill St Z-4 Reno NV 89502 942972845 Health Care NV 501(c)(3) Line 12c, III-FI N/A 0 Renown Regional Medical Center 1155 Mill St Z-4 Reno NV 89502 880213754 Hospital NV 501(c)(3) Line 3 Renown Health 0 Renown Transitional Care Services 1155 Mill St Z-4 Reno NV 89502 880231828 Health Care NV 501(c)(3) Line 12b, II Renown Health 0 Renown South Meadows Medical Center 1155 Mill St Z-4 Reno NV 89502 460517825 Hospital NV 501(c)(3) Line 3 Renown Health 0 Hometown Health Plan 1155 Mill St Z-4 Reno NV 89502 880231433 HMO NV 501(c)(4) Renown Health 0 Renown Medical School Associates North Inc 1155 Mill St Z-4 Reno NV 89502 860881749 Patient Care NV 501(c)(3) Line 10 Hometown Health Plan 0 Renown Businesses 1155 Mill St Z-4 Reno NV 89502 880228030 Health Care NV N/A C 0 Hometown Health Management Company 1155 Mill St Z-4 Reno NV 89502 880236758 Management Services NV N/A C 0 Hometown Health Providers Insurance Co 1155 Mill St Z-4 Reno NV 89502 880177026 Insurance NV N/A C 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0