Renown Skilled Nursing
- Assets
- $0.0
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 09/2005
- Data as of
- 06/2019
- EIN
- 20-1347269
Organization Overview
Renown Skilled Nursing is located in Reno, NV. The organization was established in 2005. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. Renown Skilled Nursing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2019, Renown Skilled Nursing generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
A 160 BED LONG-TERM ACUTE CARE NURSING FACILITY SPECIALIZING IN REHABILITATIVE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE ORENOWN SKILLED NURSING IS A 160-BED NURSING FACILITY DESIGNED TO SERVE THE HEALTHCARE NEEDS OF LONG AND SHORT-TERM, ACUTE-CARE PATIENTS. SERVICES INCLUDE 24/7 LICENSED NURSING CARE AND PHYSICAL, OCCUPATIONAL, SPEECH AND RESTORATIVE THERAPY IN-HOUSE SEVEN DAYS A WEEK. THIS VALUABLE FACILITY SERVES A NEED THAT OTHERWISE WOULD BE UNMET IN NORTHERN NEVADA. BY ACCEPTING THE LONG-TERM, ACUTE-CARE PATIENTS FOR REHABILITATIVE SERVICES, OTHER HOSPITAL BEDS IN THE HEALTH NETWORK ARE AVAILABLE FOR HIGHER-ACUITY, SHORTER-TERM CARE. AS OF NOVEMBER 30, 2018, ALL OPERATIONS AT RENOWN SKILLED NURSING CEASED, AND THE CORPORATION WAS DISSOLVED ON JUNE 30, 2019. DURING THE 5 MONTHS RENOWN SKILLED NURSING WAS OPERATING IN FY19, THEY PROVIDED 7,640 PATIENT CARE DAYS FOR PATIENTS TRANSFERRED FROM OTHER HOSPITAL BEDS IN THE HEALTH NETWORK BECAUSE THEY REQUIRED A LEVEL OF CARE DELIVERED MOST APPROPRIATELY IN A SKILLED NURSING FACILITY. FOR THE FISCAL YEAR ENDING JUNE 30, 2019, RENOWN SKILLED NURSING, ALONG WITH ITS PARENT, RENOWN HEALTH AND ITS SUBSIDIARIES, PROVIDED MORE THAN $158 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 WWW.RENOWN.ORG/COMMUNITYBENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Slonim President/ceo | OfficerTrustee | 3 | $0 |
James DE Volld - Treas Vice Chair (jul-Dec)/chair (jan-Jun) | OfficerTrustee | 3 | $0 |
Kimberly Cooney Secretary | OfficerTrustee | 3 | $0 |
G Blake Smith Chair (jul-Dec)/director (jan-Jun) | OfficerTrustee | 3 | $0 |
Adam Kramer - Director (jul-Dec)/vice Chair (jan-Jun) | OfficerTrustee | 3 | $0 |
Todd Mckenzie Director (aug-Jun)/treas (jan-Jun) | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $354,627 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $354,627 |
| Total Program Service Revenue | $2,038,414 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$215,715 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,177,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,982,728 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $410,013 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $443,395 |
| Advertising and promotion | $0 |
| Office expenses | $194,564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $284,129 |
| Travel | $1,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $464 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,082 |
| Insurance | $4,546 |
| All other expenses | $7,913 |
| Total functional expenses | $4,122,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |