2023-05-15T19:14:07-05:00 2022-06-30 910189318 Moss Adams LLP 2882 Prospect Park Dr Ste 300 Rancho Cordova CA 95670 990 2021-07-01 880231828 Renown Transitional Care Services RENO 7759826488 1155 Mill St co Tax Treasury Z-4 Reno NV 89502 Ann Beck Chief Financial Officer 7759826488 2023-05-15 1 Ann Beck 999009999 Tracy S Paglia P00366884 9165038100 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Renown Medical Group-Women's Health Brian Erling 1155 Mill St c/o Tax Treasury Z-4 Reno NV 89502 1130927432 0 X WWW.RENOWN.ORG X 1987 NV Women's health 12 11 0 0 0 0 1464865 1752584 4067420 3436183 20787375 154957623 0 0 26319660 160146390 0 0 0 0 3611223 3074031 0 0 0 3455310 4504748 7066533 7578779 19253127 152567611 784674968 618609375 1534084 3435767 783140884 615173608 X Renown Health makes a genuine difference in the health and well-being of the people and communities we serve. 0 0 4551415 3436183 See Schedule O 4551415 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 X Ann Beck 7759826488 1155 MILL ST Z-4 Reno NV 89502 Anthony Slonim President/CEO (Jul-Mar) 1.00 59.00 X X 0 2567137 195585 Josiah Johnson - Chief of Staff/President (Mar-Jun) 1.00 59.00 X 0 982301 144520 Dawn Ahner Former Officer 0.00 60.00 X 0 1038714 38742 Ann Beck Chief Financial Officer 1.00 59.00 X 0 716034 101535 Thomas Graf - Chief Clinical Quality Officer/CEO (Mar-Jun) 1.00 59.00 X X 0 197909 21404 James DeVolld Chair (Jul-Dec)/Director (Jan-Jun) 3.00 9.00 X X 0 43323 0 Alvaro Devia Director (Jul-Dec) 3.00 9.00 X 0 41085 0 G Blake Smith Director (Jul-Dec) 3.00 9.00 X 0 27647 0 Adam Kramer Vice Chair (Jul-Dec)/Chair (Jan-Jun) 3.00 9.00 X X 0 25562 0 Kimberly Cooney Secretary (Jul-Dec) 3.00 9.00 X X 0 24000 0 Harvey Fennell Director (Jul-Dec) 3.00 12.00 X 0 24000 0 Todd McKenzie Treasurer (Jul-Dec) 3.00 9.00 X X 0 24000 0 Jeff Resnik Director 3.00 9.00 X 0 24000 0 Eathan O'Bryant Director (Jul-Mar) 3.00 9.00 X 0 22327 0 Tammy Dermody - Dir Jul-Dec Secretary & Vice Chair (Jan-Jun) 3.00 9.00 X X 0 15000 0 Thomas Deveny Director 3.00 9.00 X 0 15000 0 Steven Johnson Director 3.00 9.00 X 0 15000 0 Mark Knobel Director 3.00 9.00 X 0 15000 0 Christi Matteoni Director 3.00 9.00 X 0 15000 0 Marc Mora Director 3.00 9.00 X 0 15000 0 Michael Peterson Director (Jul-Feb) 3.00 9.00 X 0 15000 0 Joanne Olson Director (Jul-Dec) 3.00 9.00 X 0 6000 0 Bijel Doshi Treasurer (Jan-Jun) 3.00 12.00 X X 0 0 0 Brian Sandoval Director (Aug-Jun) 3.00 9.00 X 0 0 0 0 5869039 501786 0 1 1 0 Mondrian Global Fixed Income Fund 1105 N Market St Ste 1300 Wilmington DE 19801 Investment Management Fees 308452 Mondrian Int'l Equity Fund 1105 N Market St Ste 1300 Wilmington DE 19801 Investment Management Fees 306111 TCW Asset Management Co 865 S Figueroa St Ste 1800 Los Angeles CA 90017 Investment Management Fees 233445 IR&M Core Bond Fund LLC 100 Federal St 30th Floor Boston MA 02110 Investment Management Fees 214370 US Bank 1555 N Rivercenter Dr Ste 300 Milwaukee WI 53212 Investment Management Fees 136399 6 1752584 1752584 Patient Svc. Revenue 621990 3436183 3436183 3436183 14996347 14996347 1110742318 970781042 139961276 139961276 139961276 160146390 3436183 0 154957623 X 2635198 2635198 438833 438833 2412549 2412549 1010120 395305 614815 347104 347104 276509 276509 58963 58963 11830 11830 Bad Debt 361542 361542 Licenses/Taxes 18727 18727 Membership Dues 1981 1981 5423 5423 7578779 4551415 3027364 0 69361874 5805702 290707 294123 6400 7263 7186008 825441 6419530 6360567 485329373 446126037 221833650 157944040 1433434 2071643 784674968 618609375 184385 1433369 1349699 2002398 1534084 3435767 X 783140884 615173608 783140884 615173608 784674968 618609375 X 152567611 -236541640 -83993247 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6143304 6143304 401520 297188 104332 641184 528253 112931 6360567 Alternative Investments 51491948 F BlackRock MARS, Ltd. 106452092 F 157944040 Due to Affiliates 1199817 Other 802581 2002398 X Part X, Line 2: Renown Transitional Care Services is organized as a Nevada nonprofit entity and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). This entity must annually file Returns of Organizations Exempt from Income Tax (Form 990) with the IRS. In addition, Renown Transitional Care Services is subject to income tax on net income derived from business activities that are unrelated to its tax exempt purpose. Renown Transitional Care Services believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the combined financial statements. Renown Transitional Care Services would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Europe (Including Iceland & Greenland) 0 0 Investments 27341948 Central America and the Caribbean 0 0 Investments 123452092 0 0 0 0 0 0 150794040 0 150794040 1 0 1 0 1 0 Part III Accounting Method: X X X X 1 1 0 0 0 0 0 0 0 Anthony Slonim President/CEO (Jul-Mar) 0 1080946 0 1482321 0 3870 0 172374 0 23211 0 2762722 0 0 Josiah Johnson - Chief of Staff/President (Mar-Jun) 0 733027 0 246844 0 2430 0 121309 0 24673 0 1128283 0 0 Dawn Ahner Former Officer 0 183094 0 0 0 855620 0 31371 0 7858 0 1077943 0 0 Ann Beck Chief Financial Officer 0 516116 0 193750 0 6168 0 85000 0 16535 0 817569 0 0 Thomas Graf - Chief Clinical Quality Officer/CEO (Mar-Jun) 0 147511 0 50000 0 398 0 17135 0 4269 0 219313 0 0 Part I, Line 3 Renown Transitional Care Services relies on Renown Health, a related organization to establish compensation for officers and other key employees. Renown Health uses the identified methods to establish compensation. See Schedule O, Form 990, Part VI, Section B, Line 15 for a description of the process utilized by Renown Health. Part I, Lines 4a-b Severance payments of $688,147 to Dawn Ahner were included in Schedule J, Part II, Column (B)(iii). Anthony Slonim, Thomas Graf, Josiah Johnson, Ann Beck, and Dawn Ahner are parties to a supplemental nonqualified retirement plan. Contributions of $160,774 to Anthony Slonim, $13,750 to Thomas Graf, $109,709 to Josiah Johnson, $75,000 to Ann Beck, and $25,806 to Dawn Ahner were included in Schedule J, Part II, Column (C). Form 990, Part III, Line 4a Renown Transitional Care Services operates Renown Medical Group - Women's Health. Renown Regional Medical Center is the birthplace of two-thirds of all babies born in the area. Through Women's Health no patient is denied service based on inability to make payment. Women's Health has demonstrated that accessible, prenatal care where high-risk pregnancies are monitored and treated improves outcomes and reduces costs for the community. Women's Health gives expectant moms a program that includes prenatal visits with a physician or nurse practitioner, laboratory testing and other required services, the baby's birth at Renown Regional Medical Center and a newborn visit at the hospital from the baby's pediatrician. For the fiscal year ending June 30, 2022, Renown Transitional Care Services, along with its parent, Renown Health and its subsidiaries, provided more than $260 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. Form 990, Part V, Line 1a, Number reported in Box 3 of Form 1096: Renown Transitional Care Services has independent contractors, however, Renown Health, the parent organization, pays all the independent contractors directly. The actual expense of each independent contractor is directly charged to the assigned entity. The highest compensated independent contractors are reported on Part VII, Section B. Form 990, Part V, Line 2a, Number of Employees on W-3: Renown Transitional Care Services has its own employees, however, Renown Health, the parent organization, pays all compensation and employee benefit amounts under a common paymaster arrangement. The actual compensation of each employee is directly charged to their assigned entity. Salaries and benefits are reported on lines 7 and 9 of Part IX, respectively. Form 990, Part VI, Section A, line 2 Anthony Slonim and Alvaro Devia have a business relationship. Thomas Graf and Christi Matteoni have a business relationship. All the directors of the filing organization are also directors of the related tax-exempt organization, Renown Health. The directors have a business relationship with individuals reported on part VII that are employed by Renown Health. Form 990, Part VI, Section A, line 6 Renown Health is the sole corporate member of Renown Transitional Care Services. Form 990, Part VI, Section A, line 7a Renown Health, acting through its board of directors, appoints the members of the Board of Governors of Renown Transitional Care Services. Form 990, Part VI, Section A, line 7b Renown Health must approve: 1) any changes of a strategic plan 2) selection of independent auditors, employee benefit consultants, legal counsel, and investment advisors 3) insurance and risk management programs 4) annual operating or capital budgets 5) material changes to the budget 6) investment policies 7) contacts among Renown entities 8) changes to governing documents 9) encumbrances of assets in excess of $1 million or real property 10) any borrowing in excess of $1 million in any fiscal year 11) merger, purchase or acquisition of another organization 12) joint venture with any other organization, entity or persons 13) any other material action take outside of ordinary course of business 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 the organization's tax department with support from a certified tax preparer. The form is reviewed by the organization's current Controller and current Chief Financial Officer prior to the final Form 990 being sent to the board. The IRS Form 990, as filed with the IRS, is sent to each voting member of the Renown Health Board prior to filing. Along with the forms, the Renown Health board is provided with a narrative that explains the various parts of the Form and their content. 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 Transitional Care Services 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 B, line 15a Renown Health's executive compensation, including compensation for the CEO and certain executives, is reviewed and approved by the Renown Health Executive Committee. As a member of the Executive Committee, the CEO abstains from any decisions or discussions related to their own compensation. All decisions are submitted for final ratification at the next scheduled board meeting. The discussion is documented in the Executive Committee minutes and Board minutes. Total cash compensation for the organization's executives is targeted at competitive compensation levels, relative to market surveys of comparable healthcare organizations, based upon the level of performance required to achieve the targeted compensation levels. Base compensation and total cash compensation is reviewed at a minimum of every two years in comparison to the surveys for comparable businesses and responsibilities and adjusted as to maintain equity with the survey information. The Executive Committee undertook the process outlined above for the fiscal year 2022 executive compensation. Form 990, Part VI, Section C, line 19 Renown Transitional Care Services does not make its governing documents, conflict of interest policy, or financial statements available to the general public. Form 990, Part IX, line 11g Miscellaneous Services: Program service expenses 356,023. Management and general expenses 0. Fundraising expenses 0. Total expenses 356,023. Professional Fees: Program service expenses 39,282. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,282. Overhead Allocation: Program service expenses 0. Management and general expenses 614,815. Fundraising expenses 0. Total expenses 614,815. Form 990, Part XI, line 9: Intercompany Settlements -83,993,247. Form 990, Part XII, 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 Health Foundation 1155 Mill St Z-4 Reno NV 89502 942972749 Foundation NV 501(c)(3) Line 7 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 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 0 1 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0