NEVADA RURAL HOSPITAL PARTNERS INC

EIN: 880345762 501(c)(3) Health Care

RENO, NV

Total Revenue
$1,517,464
Total Expenses
$1,158,480
Total Assets
$6,440,945
Net Assets
$5,540,505
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NV
Principal Officer
BLAYNE OSBORN
Phone
7758274770
Tax Period
2023-01-01 to 2023-12-31

NEVADA RURAL HOSPITAL PARTNERS INC, founded in 1995, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $359K, a strong 24% operating margin.

Mission

IMPROVE QUALITY OF HEALTHCARE IN RURAL NEVADA AND MAINTAIN FINANCIAL VIABILITY OF RURAL HOSPITALS.

Program Service Accomplishments

Program 1
Expenses: $817,122 Revenue: $1,517,464

NEVADA RURAL HOSPITAL PARTNERS IS AN ALLIANCE OF 11 SMALL AND RURAL HOSPITALS. FOUNDED ON THE IDEA THAT WE ARE STRONGER STANDING TOGETHER THAT INDEPENDENTLY. NRHP IS COMPOSED OF 11 HOSPITALS SERVING...

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NEVADA RURAL HOSPITAL PARTNERS IS AN ALLIANCE OF 11 SMALL AND RURAL HOSPITALS. FOUNDED ON THE IDEA THAT WE ARE STRONGER STANDING TOGETHER THAT INDEPENDENTLY. NRHP IS COMPOSED OF 11 HOSPITALS SERVING APPROXIMATELY 228,000 PEOPLE SPREAD OVER A GEOGRAPHIC AREA ABOUT THE SIZE OF NEW ENGLAND. OUR MEMBERSHIP IS DIVERSE IN TERMS OF OWNERSHIP. SOME ARE PUBLIC AND SOME ARE NON-PROFIT. MANY ARE INDEPENDENT AND SOME ARE AFFILIATED WITH HEALTHCARE SYSTEMS. IN ADDITION TO ACUTE SERVICES, SEVERAL OFFER LONG-TERM CARE.

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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 $325,000
Program Service Revenue $1,069,000
Investment Income $94,304
Other Revenue $29,160
TOTAL REVENUE $1,517,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,299,424
Fundraising Expenses $0
Program Expenses $817,122
Other Expenses $-140,944
TOTAL EXPENSES $1,158,480

Year-over-Year Comparison

2023 2022 Change
Revenue $1,517,464 $1,252,338 +0.2%
Expenses $1,158,480 $1,071,961 +0.1%
Net Income $358,984 $180,377 +1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
13
Volunteers
N/A

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
4
$446,286
Total Directors
14
$446,286
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON CHADOCK PGH DIRECTOR 1.00
Director
$0 $0 $0
LOUIS WARD IVCH DIRECTOR 1.00
Director
$0 $0 $0
JOAN HALL PRIOR SECRETARY/TREASURER/PRESIDENT 40.00
Officer Director
$231,605 $8,582 $240,187
MELISSA ROWE GCDMC DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MAHER BCH DIRECTOR 1.00
Director
$0 $0 $0
ROB CARNAHAN BCCH DIRECTOR 1.00
Director
$0 $0 $0
ROBYN DUNCKHORST HGH DIRECTOR 1.00
Director
$0 $0 $0
TONI INSERRA SLMC VICE CHAIR 1.00
Officer Director
$0 $0 $0
JASON BLEAK BMGH DIRECTOR 1.00
Director
$0 $0 $0
JEFF PRATER CVMC CHAIR 1.00
Officer Director
$0 $0 $0
MATT WALKER WBRH DIRECTOR 1.00
Director
$0 $0 $0
DENISE FERGUSON MGGH DIRECTOR 1.00
Director
$0 $0 $0
BLAYNE OSBORN SECRETARY/TREASURER/PRESIDENT 40.00
Officer Director
$199,099 $7,000 $206,099
KATHERINE LUCCHESI DIRECTOR 1.00
Director
$0 $0 $0
TODD RADTKE CIO 40.00
Highest
$155,526 $5,941 $161,467
ANN MURDOCH FINANCIAL PROGRAM DIRECTOR 32.00
Highest
$107,728 $3,909 $111,637
REBECCA BAYLEY DIRECTOR, STRATEGIC INITIA 40.00
Highest
$119,888 $4,395 $124,283
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 $1,517,464 $1,158,480 $6,440,945 $358,984
2022 $1,252,338 $1,071,961 $5,429,407 $180,377
2021 $2,902,956 $1,183,923 $5,160,598 $1,719,033
2020 $1,398,222 $1,119,364 $5,068,772 $278,858
2019 $1,208,533 $1,264,003 $3,288,770 $-55,470
2018 $1,923,951 $1,956,445 $3,304,658 $-32,494
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