Renown South Meadows Medical Center

EIN: 460517825 501(c)(3) Health Care

Reno, NV

Total Revenue
$183,941,306
Total Expenses
$166,213,931
Total Assets
$176,822,211
Net Assets
$1,009,625
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NV
Principal Officer
Brian Erling
Phone
7759826488
Tax Period
2023-01-01 to 2023-12-31

Renown South Meadows Medical Center, founded in 2002, is a major nonprofit in the Health Care sector that reported $183.9M in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $166.2M left a modest 10% surplus.

Mission

Renown Health makes a genuine difference in the health and well-being of the people and communities we serve.

Program Service Accomplishments

Program 1
Expenses: $133,728,926 Revenue: $182,295,239

Renown South Meadows Medical Center is a 115-bed hospital that offers the latest in medical and surgical care, intensive care, telemetry, a 24-hour emergency room, inpatient and outpatient surgical...

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Renown South Meadows Medical Center is a 115-bed hospital that offers the latest in medical and surgical care, intensive care, telemetry, a 24-hour emergency room, inpatient and outpatient surgical and lab services. Renown South Meadows Medical Center provides a wide range of healthcare services to the south Reno and Washoe Valley communities regardless of race, creed, sex, national origin, handicap, age or ability to pay. Renown South Meadows Medical Center has approximately 540 physicians on its medical staff and extends admitting privileges to all eligible and qualified physicians.Since it opened as an acute care hospital in 2002, Renown South Meadows Medical Center has tripled its bed capacity by expanding the intensive care, surgical and telemetry units. Renown South Meadows Medical Center is also the local home of endoscopic ultrasound. This technology, applied with skillful hands, has helped diagnose and treat digestive diseases in thousands of patients. Renown South Meadows Medical Center is ranked in the top one percent nationwide for quality care based on measures for heart attack, heart failure, pneumonia and surgical care. They have the region's only certified pulmonary rehab and interventional pulmonary program, in addition to specializing in joint replacement and upper extremity procedures.Renown South Meadows Medical Center is engaged in a large facility expansion that will include interventional radiology, diagnostic and interventional catheterization, a retail pharmacy, and a 121,000 square foot medical office building with a hospital outpatient department and six new operating rooms and a state-of-the-art Breast Center - inclusive of Medical/Surgical Oncology, Breast Imaging, Infusion, and Wellness Center.Renown Rehabilitation Hospital is a 62-bed, inpatient rehabilitation environment, and the only CARF (Commission on Accreditation of Rehabilitation Facilities) accredited facility in the region, focusing on care that prepares patients to live as independently as possible after experiencing a disabling injury or illness. Renown Rehabilitation offers physical, occupational, speech, recreational and cognitive therapies, highly specialized Physical Medicine & Rehabilitation physicians board certified in Spinal Cord Injury Medicine and Traumatic Brain Injury as well as housing an interventional pain management program.Renown Rehabilitation Hospital has the highest concentration of Certified Rehabilitation Registered Nurses in Northern Nevada. Rehabilitation nurses provide comfort, therapy and education, promote health-conducive adjustments, support adaptive capabilities and promote achievable independence. During 2023, there was only one other inpatient acute rehabilitation facility in Northern Nevada.Renown South Meadows Medical Center and Renown Rehabilitation Hospital further their not-for-profit status by providing quality healthcare for Renown's primary service area, Washoe County and the secondary service areas of northern Nevada and northern California. There is a long tradition and commitment to improve the care and the health of our community. In addition to our commitment to meet the healthcare needs of the region, we give back to communities by contributing funds, services, facilities and the time and expertise of employees. These benefits to the community flow from Renown Health as a whole and from the individual hospitals, facilities and departments that make up our health network.For the year ended December 31, 2023, Renown South Meadows Medical Center, 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 needs assessment and community benefit plan go to https://www.renown.org/en/about/community-commitment/.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,650,642
Program Service Revenue $182,295,239
Investment Income $-7,511
Other Revenue $2,936
TOTAL REVENUE $183,941,306

Expense Breakdown

Grants Paid $89,520
Salaries & Benefits $71,201,801
Fundraising Expenses $0
Program Expenses $133,728,926
Other Expenses $94,922,610
TOTAL EXPENSES $166,213,931

Year-over-Year Comparison

2023 2022 Change
Revenue $183,941,306 $97,084,987 +0.9%
Expenses $166,213,931 $92,641,424 +0.8%
Net Income $17,727,375 $4,443,563 +3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
N/A
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$2,521,394
Total Directors
10
$1,694,934
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dawn Ahner Former Key Employee 0.00
$0 $0 $1,781,034
Brian Erling President/CEO 8.00
Officer Director
$0 $215,714 $1,503,804
Ann Beck Chief Financial Officer 9.00
Officer
$0 $110,675 $933,590
Josiah Johnson Former Officer 0.00
$0 $18,368 $786,427
Thomas Graf Former Officer 0.00
$0 $11,028 $604,805
Susan Lee COO South Meadows 60.00
Highest
$522,389 $15,137 $537,526
Sam Weller CEO South Meadows & Rehab 60.00
Highest
$297,544 $41,786 $339,330
Kevin Desmond Pharmacy Manager South Meadows 60.00
Highest
$198,496 $28,635 $227,131
Jennifer Fleiner Chief Nurse and Operations Officer 60.00
Highest
$182,743 $27,246 $209,989
Carter Roth Nuclear Medicine Technologist 60.00
Highest
$166,499 $15,768 $182,267
Adam Kramer Chair 3.00
Officer Director
$0 $0 $36,000
Jeff Resnik Director 3.00
Director
$0 $0 $29,130
Tammy Dermody Secretary & Vice Chair 3.00
Officer Director
$0 $0 $24,000
Bijel Doshi Treasurer 3.00
Officer Director
$0 $0 $24,000
Mark Knobel Director 3.00
Director
$0 $0 $24,000
Marc Mora Director 3.00
Director
$0 $0 $24,000
Thomas Deveny Director 3.00
Director
$0 $0 $15,000
Stephanie Lepori Director 3.00
Director
$0 $0 $15,000
Brian Sandoval Director 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $183,941,306 $166,213,931 $176,822,211 $17,727,375
2022 $182,681,956 $167,785,827 $128,630,599 $14,896,129
2022 $97,084,987 $92,641,424 $124,560,977 $4,443,563
2021 $165,187,394 $146,918,383 $110,673,397 $18,269,011
2020 $149,020,066 $128,905,653 $103,533,011 $20,114,413
2019 $154,866,947 $129,631,476 $90,549,265 $25,235,471
2018 $144,393,743 $116,714,886 $89,552,870 $27,678,857
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