Renown Regional Medical Center

EIN: 880213754 501(c)(3) Health Care

Reno, NV

Total Revenue
$1,167,267,797
Total Expenses
$1,102,679,572
Total Assets
$800,735,087
Net Assets
$-130,660,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NV
Principal Officer
Brian Erling
Phone
7759826488
Tax Period
2023-01-01 to 2023-12-31

Renown Regional Medical Center, founded in 1985, is a large national nonprofit in the Health Care sector that reported $1.2B in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $1.1B left a modest 6% surplus.

Mission

An 826 bed acute-care hospital and the region's only Level II trauma center.

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Trantor Score

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 $8,955,432
Program Service Revenue $1,154,578,261
Investment Income $3,218,295
Other Revenue $515,809
TOTAL REVENUE $1,167,267,797

Expense Breakdown

Grants Paid $4,858,748
Salaries & Benefits $455,308,995
Fundraising Expenses $0
Program Expenses $910,878,221
Other Expenses $642,511,829
TOTAL EXPENSES $1,102,679,572

Year-over-Year Comparison

2023 2022 Change
Revenue $1,167,267,797 $546,689,447 +1.1%
Expenses $1,102,679,572 $536,924,015 +1.1%
Net Income $64,588,225 $9,765,432 +5.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
9
Employees
N/A
Volunteers
272

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
$1,781,034 $0 $1,781,034
Brian Erling President/CEO 23.00
Officer Director
$0 $215,714 $1,503,804
Ann Beck Chief Financial Officer 32.00
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
Chris Nicholas CEO Renown Regional 60.00
Highest
$409,614 $72,020 $481,634
Brett Moore CFO Acute Care 60.00
Highest
$354,395 $27,285 $381,680
Amy McCombs COO Renown Regional 60.00
Highest
$321,354 $33,694 $355,048
James Ascue Registered Nurse 60.00
Highest
$280,177 $18,901 $299,078
Marvin Glass Senior Medical Physicist 60.00
Highest
$243,313 $7,961 $251,274
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 $1,167,267,797 $1,102,679,572 $800,735,087 $64,588,225
2022 $976,548,442 $999,571,112 $871,904,900 $-23,022,670
2022 $546,689,447 $536,924,015 $812,060,290 $9,765,432
2021 $963,436,826 $944,998,796 $1,403,197,593 $18,438,030
2020 $918,236,960 $878,215,022 $920,238,119 $40,021,938
2019 $901,280,715 $824,879,636 $769,643,633 $76,401,079
2018 $850,479,928 $760,971,403 $758,017,408 $89,508,525
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