HOMETOWN HEALTH PLAN INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HOMETOWN HEALTH PLAN INC (EIN 88-0231433)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-12-03
- IRS object ID
- 202403389349301100
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-03T08:10:06-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2882 Prospect Park Dr | AddressLine1Txt |
| City | Rancho Cordova | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95670 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 880231433 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hometown Health Plan Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOME | BusinessNameControlTxt |
| Phone | 7759826488 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1155 Mill St CO Tax Treasury Z-4 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Anna Loomis | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 7759826488 | PhoneNum |
| Signature | 2024-12-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tracy S Paglia | PreparerPersonNm |
| PTIN | P00366884 | PTIN |
| Phone | 9165038100 | PhoneNum |
| Preparation | 2024-12-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Brian Erling | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1155 Mill St C/O Tax Treasury Z-4 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $366,449,134 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.hometownhealth.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | NV | LegalDomicileStateCd |
| Activity Or Mission | An HMO health insurance company. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $41,479,619 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $139,900,012 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $318,284,703 | CYProgramServiceRevenueAmt |
| PY Investment Income | $768,981 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,895,901 | CYInvestmentIncomeAmt |
| PY Other Revenue | $73,498 | PYOtherRevenueAmt |
| CY Other Revenue | $121,563 | CYOtherRevenueAmt |
| PY Total Revenue | $140,742,491 | PYTotalRevenueAmt |
| CY Total Revenue | $361,781,786 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,196,183 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,255,532 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $157,154,739 | PYOtherExpensesAmt |
| CY Other Expenses | $311,909,849 | CYOtherExpensesAmt |
| PY Total Expenses | $164,350,922 | PYTotalExpensesAmt |
| CY Total Expenses | $327,165,381 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$23,608,431 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $34,616,405 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,859,894 | TotalAssetsBOYAmt |
| Total Assets EOY | $90,632,241 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $74,822,307 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $49,504,783 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,037,587 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,127,458 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Renown Health makes a genuine difference in the health and well-being of the people and communities we serve. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $273,524,680 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $318,284,703 | RevenueAmt |
| Desc | See Schedule OHometown Health Plan is part of the insurance division of Renown Health and is committed to providing high-quality health plans and great customer service. Hometown Health Plan operates a health maintenance organization and health insurance services to commercial enrollees and to those eligible for Medicare through its Medicare Advantage plan Senior Care Plus. Hometown Health Plan had 8,801 members in its commercial product and 18,618 members in its Senior Care Plus product as of December 31, 2023. Hometown Health Plan helps its members receive the most appropriate, financially responsible care based upon individual health needs.For the year ended December 31, 2023, Hometown Health Plan, 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 community needs assessment and community benefit plan, go to https://www.renown.org/about/community-commitment. | Desc |
| Total Program Service Expenses | $273,524,680 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 1240 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anna Loomis | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7759826488 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1155 Mill St Z-4 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Bethany Sexton - President | |||||||||
| & Chair/CEO Hometown Health | 57.00 | 3.00 | Yes (X) | Yes (X) | $678,306 | $0 | $93,628 | ||
| Jamie Winter | |||||||||
| Secretary | 3.00 | 57.00 | Yes (X) | Yes (X) | $0 | $258,309 | $30,093 | ||
| Brian Erling | |||||||||
| President/CEO | 2.00 | 58.00 | Yes (X) | Yes (X) | $0 | $1,288,090 | $215,714 | ||
| Rebekah Winter | |||||||||
| Treasurer | 3.00 | 57.00 | Yes (X) | Yes (X) | $0 | $285,584 | $15,531 | ||
| Ann Beck | |||||||||
| Chief Financial Officer | 2.00 | 58.00 | Yes (X) | $0 | $822,915 | $110,675 | |||
| Matthew Cain | |||||||||
| Physician - Cardiologist | 60.00 | 0.00 | $1,325,432 | $0 | $21,548 | Yes (X) | |||
| Athan Roumanas | |||||||||
| Cardiothoracic CV Surgeon | 60.00 | 0.00 | $1,103,105 | $0 | $26,495 | Yes (X) | |||
| Abhilash Akinapelli | |||||||||
| Physician - Cardiologist | 60.00 | 0.00 | $1,091,667 | $0 | $30,576 | Yes (X) | |||
| John Hansen | |||||||||
| Physician - Surgeon Vascular | 60.00 | 0.00 | $1,097,062 | $0 | $27,025 | Yes (X) | |||
| Ben Jaquish | |||||||||
| Physician - Surgeon Vascular | 60.00 | 0.00 | $1,092,820 | $0 | $22,502 | Yes (X) | |||
| Josiah Johnson | |||||||||
| Former Officer | 0.00 | 60.00 | $0 | $768,059 | $18,368 | Yes (X) | |||
| Thomas Graf | |||||||||
| Former Officer | 0.00 | 60.00 | $0 | $593,777 | $11,028 | Yes (X) | |||
| Sean Hawthorne | |||||||||
| Former Officer | 0.00 | 60.00 | $0 | $406,006 | $30,797 | Yes (X) | |||
| Ty Windfeldt | |||||||||
| Former Officer | 0.00 | 0.00 | $0 | $537,640 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,388,392 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,960,380 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $653,980 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 512 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| P3 Health Partners | |||||
| 2370 Corporate Circle Suite 300 | Henderson | NV | 89074 | Insurance Claims Processing | $3,840,659 |
| Liberty Dental Plan of Nevada Inc | |||||
| 340 Commerce Suite 100 | Irvine | CA | 92602 | Insurance Claims Processing | $2,375,403 |
| AON Benfield Inc | |||||
| 5600 West 83rd Street 8200 Tower | Minneapolis | MN | 55437 | Reinsurance Services | $1,547,327 |
| Eyemed Insurance Company | |||||
| 4000 Luxottica Place | Mason | OH | 45040 | Insurance Claims Processing | $836,084 |
| Willis Towers Watson | |||||
| 38 East Scenic Point Drive | Draper | UT | 84020 | Insurance Broker Services | $692,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $41,479,619 | RelatedOrganizationsAmt |
| Total Contributions | $41,479,619 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Premium Revenue | 524114 | $303,031,619 | $303,031,619 |
| Physician Svcs Admin | 524298 | $15,253,084 | $15,253,084 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $318,284,703 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,909,569 | TotalRevenueColumnAmt |
| Exclusion | $1,909,569 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $158,827 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $37,264 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $121,563 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $121,563 | TotalRevenueColumnAmt |
| Exclusion | $121,563 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,616,416 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,630,084 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$13,668 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,668 | TotalRevenueColumnAmt |
| Exclusion | -$13,668 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $361,781,786 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $318,284,703 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,017,464 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $771,934 | TotalAmt |
| Management And General | $771,934 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,483,598 | TotalAmt |
| Management And General | $14,483,598 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,744,069 | TotalAmt |
| Management And General | $27,744,069 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,461 | TotalAmt |
| Management And General | $186,461 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,793,948 | TotalAmt |
| Management And General | $5,793,948 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,031 | TotalAmt |
| Management And General | $733,031 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,842 | TotalAmt |
| Program Services | $191,842 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,477 | TotalAmt |
| Management And General | $252,477 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Medical Claims Expense | $270,708,632 | $270,708,632 | |
| Cost Containment Exp | $2,216,664 | $2,216,664 | |
| Premium Taxes | $2,016,102 | $2,016,102 | |
| Regulatory License/Fee | $750,082 | $750,082 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,316,541 | TotalAmt |
| Program Services | $407,542 | ProgramServicesAmt |
| Management And General | $908,999 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $327,165,381 | TotalAmt |
| Program Services | $273,524,680 | ProgramServicesAmt |
| Management And General | $53,640,701 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,627,805 | BOYAmt |
| EOY | $5,624,264 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $338,968 | BOYAmt |
| EOY | $529,492 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $274,096 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,786,875 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,730,880 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,340,033 | BOYAmt |
| EOY | $8,055,995 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,275,734 | BOYAmt |
| EOY | $50,496,309 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,277,354 | BOYAmt |
| EOY | $25,652,085 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,859,894 | BOYAmt |
| EOY | $90,632,241 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,072,777 | BOYAmt |
| EOY | $45,276,425 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,749,530 | BOYAmt |
| EOY | $4,228,358 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,822,307 | BOYAmt |
| EOY | $49,504,783 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,037,587 | BOYAmt |
| EOY | $41,127,458 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,037,587 | BOYAmt |
| EOY | $41,127,458 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,859,894 | BOYAmt |
| EOY | $90,632,241 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $34,616,405 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,473,466 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $649,767 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,539,351 | OtherCostOrOtherBasisAmt |
| Book Value | $3,189,118 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,283,055 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $5,290,978 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,899,023 | DepreciationAmt |
| Book Value | $4,675,010 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,618 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,618 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,021,106 | OtherCostOrOtherBasisAmt |
| Depreciation | $829,239 | DepreciationAmt |
| Book Value | $191,867 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,055,995 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Cash Reserve Fund - Statutory | $750,000 |
| Patient Receivables | $24,251,174 |
| Affiliate Receivable | $490,457 |
| Deposits - Guaranty Funds | $160,454 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $25,652,085 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to Affiliates | $3,478,358 |
| Insolvency Reserve | $750,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,228,358 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Hometown Health Plan, Inc. 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)(4). This entity must annually file Returns of Organizations Exempt from Income Tax (Form 990) with the IRS. Hometown Health Plan, Inc. 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. Hometown Health Plan, Inc. 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brian Erling | ||||||||||||||
| President/CEO | $0 | $1,220,589 | $0 | $0 | $0 | $67,501 | $0 | $197,268 | $0 | $18,446 | $0 | $1,503,804 | $0 | $0 |
| Matthew Cain | ||||||||||||||
| Physician - Cardiologist | $937,366 | $0 | $387,502 | $0 | $564 | $0 | $13,200 | $0 | $8,348 | $0 | $1,346,980 | $0 | $0 | $0 |
| Athan Roumanas | ||||||||||||||
| Cardiothoracic CV Surgeon | $1,060,002 | $0 | $41,849 | $0 | $1,254 | $0 | $12,203 | $0 | $14,292 | $0 | $1,129,600 | $0 | $0 | $0 |
| John Hansen | ||||||||||||||
| Physician - Surgeon Vascular | $1,096,648 | $0 | $0 | $0 | $414 | $0 | $13,200 | $0 | $13,825 | $0 | $1,124,087 | $0 | $0 | $0 |
| Abhilash Akinapelli | ||||||||||||||
| Physician - Cardiologist | $658,261 | $0 | $433,244 | $0 | $162 | $0 | $13,200 | $0 | $17,376 | $0 | $1,122,243 | $0 | $0 | $0 |
| Ben Jaquish | ||||||||||||||
| Physician - Surgeon Vascular | $1,092,640 | $0 | $0 | $0 | $180 | $0 | $5,077 | $0 | $17,425 | $0 | $1,115,322 | $0 | $0 | $0 |
| Ann Beck | ||||||||||||||
| Chief Financial Officer | $0 | $613,763 | $0 | $197,753 | $0 | $11,399 | $0 | $101,462 | $0 | $9,213 | $0 | $933,590 | $0 | $0 |
| Josiah Johnson | ||||||||||||||
| Former Officer | $0 | $18,377 | $0 | $0 | $0 | $749,682 | $0 | $1,030 | $0 | $17,338 | $0 | $786,427 | $0 | $0 |
| Bethany Sexton - President | ||||||||||||||
| & Chair/CEO Hometown Health | $493,462 | $0 | $166,662 | $0 | $18,182 | $0 | $74,999 | $0 | $18,629 | $0 | $771,934 | $0 | $0 | $0 |
| Thomas Graf | ||||||||||||||
| Former Officer | $0 | $20,157 | $0 | $0 | $0 | $573,620 | $0 | $985 | $0 | $10,043 | $0 | $604,805 | $0 | $0 |
| Ty Windfeldt | ||||||||||||||
| Former Officer | $0 | $0 | $0 | $0 | $0 | $537,640 | $0 | $0 | $0 | $0 | $0 | $537,640 | $0 | $537,640 |
| Sean Hawthorne | ||||||||||||||
| Former Officer | $0 | $404,716 | $0 | $0 | $0 | $1,290 | $0 | $13,317 | $0 | $17,480 | $0 | $436,803 | $0 | $0 |
| Rebekah Winter | ||||||||||||||
| Treasurer | $0 | $285,344 | $0 | $0 | $0 | $240 | $0 | $11,454 | $0 | $4,077 | $0 | $301,115 | $0 | $0 |
| Jamie Winter | ||||||||||||||
| Secretary | $0 | $257,619 | $0 | $0 | $0 | $690 | $0 | $12,613 | $0 | $17,480 | $0 | $288,402 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Tax Indemnification and Gross-up Payments: Athan Roumanas and Matthew Cain - included in taxable compensation |
| Part I, Line 3 | Hometown Health Plan, Inc. relied on Renown Health, a related organization to establish compensation for its top management official. Renown Health used the following methods to establish compensation: compensation committee, independent compensation consultant, compensation survey or study, and approval by the board or compensation committee. See Renown Health's Form 990, Schedule O, narrative for Part VI, Section B, Line 15 for a description of the process utilized by Renown Health. |
| Part I, Lines 4a-b | Thomas Graf and Josiah Johnson received severance payments of $573,471 and $749,539, respectively. These amounts are included in Schedule J, Part II, Column (B)(iii). Brian Erling, Ann Beck, and Bethany Sexton are parties to a supplemental nonqualified retirement plan. Contributions of $184,068 to Brian Erling, $88,989 to Ann Beck, and $74,999 to Bethany Sexton were included in Schedule J, Part II, Column (C). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 1a, Number reported in Box 3 of Form 1096: | Hometown Health Plan pays Providers directly resulting in the issuance of Form 1099s for these payments. However, Renown Health, the parent organization, pays other independent contractors directly. The actual expense of each independent contractor is directly charged to the assigned entity. The number reported on line 1a reflects the number of Form 1099s issued to Providers. |
| Form 990, Part V, Line 2a, Number of Employees on W-3: | Hometown Health Plan 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 are reported on Line 7 of Part IX. |
| Form 990, Part VI, Section A, line 2 | Brian Erling, Ann Beck, and Jamie Winter have a business relationship. Ann Beck has a business relationship with Bethany Sexton. |
| Form 990, Part VI, Section A, line 6 | Renown Health is the sole corporate member of Hometown Health Plan. |
| 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 Hometown Health Plan. |
| Form 990, Part VI, Section A, line 7b | Renown Health must approve any merger, consolidation or dissolution of Hometown Health Plan, any borrowing in excess of $1 million in any fiscal year, and encumbrances of assets and certain other actions not in the 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 an independent public accounting firm with support from the organization's tax department. The Form 990 is reviewed by the organization's current Corporate Controller and current Chief Financial Officer prior to the final version being sent to the Board. The Form 990, as filed with the IRS, is sent to each voting member of the Renown Health Board prior to filing. Along with the Form 990 and Schedules, the Renown Health Board is provided with a narrative that explains the contents of the various parts of the return. |
| 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 Hometown Health Plan 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 C, line 19 | Hometown Health Plan does not make its governing documents, conflict of interest policy, or financial statements available to the general public. |
| Form 990, Part VII and Part IX | The salaries and benefits reported in Part VII are not directly reflected in Part IX, line 7, as the physicians salaries and benefits are directly allocated to the related entities where the work is being done and reported on those respective tax filings. |
| 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | Renown Health | |
| Renown Health Foundation | |||||||||||
| 1155 Mill St Z-4 | Reno | NV | 89502 | 942972749 | Foundation | NV | 501(c)(3) | Line 7 | 0 | Renown Health | |
| Renown South Meadows Medical Center | |||||||||||
| 1155 Mill St Z-4 | Reno | NV | 89502 | 460517825 | Hospital | NV | 501(c)(3) | Line 3 | 0 | Renown Health | |
| Renown Transitional Care Services | |||||||||||
| 1155 Mill St Z-4 | Reno | NV | 89502 | 880231828 | Health Care | NV | 501(c)(3) | Line 12b, II | 0 | Renown Health | |
| Renown Medical School Associates North | |||||||||||
| 1155 Mill St Z-4 | Reno | NV | 89502 | 860881749 | Patient Care | NV | 501(c)(3) | Line 10 | Yes (1) | Hometown Health Plan | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Renown Medical School Associates North | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | M | TransactionTypeTxt |
| Involved | $253,098 | InvolvedAmt |
| Method Of Amount Determination | General Ledger | MethodOfAmountDeterminationTxt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Hometown Health Plan, Inc. ("HHP") respectfully requests abatement of any potential penalties imposed under section 6652(c) for failure to timely file the 2023 Form 990 for the tax year ended December 31, 2023. The penalties should be abated because HHP has reasonable cause, as discussed below.HHP is a 501(c)(4) tax-exempt organization. The tax year end was changed from June 30 to December 31 in 2022. The change in year end was properly reflected in the 2022 short year Form 990 for the six-month period ended December 31, 2022, reporting a "Change in Accounting Period" in the heading of the Form 990. The change in year end was not reflected in the IRS Business Master File at the time of filing the extension for the 2023 Form 990, so HHP paper filed the extension. HHP has called the IRS multiple times throughout 2024 to get the year end corrected in order to e-file the 2023 Form 990 under the e-filing mandate.HHP attempted to e-file the 2023 Form 990 on November 13, 2024 but the filing was rejected due to the year end in the tax return (correctly reported as December 31, 2023) not matching the year end in the IRS Business Master File (incorrectly reported as June 30, 2023). The public accounting firm engaged to prepare the HHP 2023 Form 990 called the IRS e-file Help Desk on November 15, 2024 and received the following incident number: IM627156. The public accounting firm followed up on November 21, 2024 and was informed that the IRS was still working on the year end change. The public accounting firm received a call back on November 26, 2024 and was informed that the 2023 Form 990 may now be released for e-file. The public accounting firm was closed for the Thanksgiving holiday, so the return was not released for e-file until December 2, 2024. Section 301.6652-2(f) establishes that penalties for failure to timely file Form 990 can be abated if the Taxpayer can make an affirmative showing of reasonable cause. The concept of reasonable cause appears throughout the penalty provisions of the Internal Revenue Code. Reasonable cause, however, is not explicitly defined in the Code or its underlying regulations. The Supreme Court described reasonable cause in the context of section 6651 as ordinary care and prudence." United States v. Boyle, 469 U.S. 241, 246 (1985). In contrast, willful neglect was defined in Boyle as "a conscious, intentional failure or reckless indifference." 469 U.S. at 245.In the present case, HHP has reasonable cause for its late filing of 2023 Form 990 due to incorrect information in the IRS Business Master File despite correctly filing a "Change in Accounting Period" return and several calls made by HHP to the IRS to update the year end to the correct period. HHP acts with prudence with respect to all tax obligations and has been timely with all other filings prior to the form at issue. The return was also timely submitted for e-filing under the extension paper filed in April, 2024 and the public accounting firm contacted the IRS e-file Help Desk to resolve the issue to allow for e-filing the return in a timely manner. Therefore, based on the reasons stated above, we believe there is reasonable cause for this late filing, and we respectfully request that the late filing penalties be abated. | ExplanationTxt |