Form 990 for tax year 2023
Filed by LABETTE COUNTY MEDICAL CENTER FOUNDATION INC.
Totals
- Total revenue
- $2,032,625
- Total expenses
- $576,504
- Contributions and grants received
- $1,396,644
- Grants paid
- $403,191
- Program service revenue
- $558,432
- Investment income
- $77,549
- Other revenue
- $0
- Total assets, end of year
- $12,663,565
- Total liabilities, end of year
- $5,276,145
- Net assets or fund balances, end of year
- $7,387,420
- Program services expenses (Part IX)
- $533,276
- Management and general expenses
- $43,228
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $533,276
Program services were 92.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$41,100
-
1f · All other contributions, gifts and grants
$1,355,544
-
2a · Program service revenue: Healthcare facility re
total $558,432 · related or exempt $558,432
-
3 · Investment income
total $74,635 · excluded $74,635
-
7a · Gross sales of assets other than inventory
securities $2,914
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $2,914
-
7d · Net gain or loss
total $2,914 · excluded $2,914
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $367,246 · program services $367,246
-
2 · Grants to domestic individuals
total $35,945 · program services $35,945
-
11f · Fees: investment management
total $1,811 · management and general $1,811
-
11g · Fees: other
total $34,859 · management and general $34,859
-
13 · Office expenses
total $315 · management and general $315
-
20 · Interest
total $130,085 · program services $130,085
-
24a · Other expenses: Dues and subscriptions
total $6,243 · management and general $6,243
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,170,615 · end of year $1,446,600
-
2 · Savings and temporary cash investments
beginning of year $2,716,685 · end of year $3,908,542
-
3 · Pledges and grants receivable
beginning of year $664,789 · end of year $611,480
-
11 · Investments: publicly traded securities
beginning of year $343,318 · end of year $380,604
-
13 · Investments: program-related
beginning of year $6,139,412 · end of year $6,097,844
-
15 · Other assets
beginning of year $185,024 · end of year $218,495
-
17 · Accounts payable and accrued expenses
end of year $75
-
23 · Secured mortgages and notes payable
beginning of year $5,401,010 · end of year $5,276,070
-
27 · Net assets without donor restrictions
beginning of year $1,571,445 · end of year $1,829,103
-
28 · Net assets with donor restrictions
beginning of year $4,247,388 · end of year $5,558,317
Mission and programs · 2023
Mission
To provide funding to support programs centered around the mission of Labette Health.
-
To provide assistance, equipment, and facilities to Labette County Medical Center, d/b/a Labette Health, to support the programs of Labette Health.
Expenses $478,725 · Grants $348,640 · Revenue $558,432
-
To provide scholarships for health care students.
Expenses $23,400 · Grants $23,400
-
To provide emergency assistance for Labette Health employees.
Expenses $11,792 · Grants $11,792
-
To provide miscellaneous assistance and grants to individuals.
Expenses $19,359 · Grants $19,359
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Robert Gibbs
President
- Total calculated
- $0
- Hours/week
- 1
-
Dr Stephen Miller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Senta Meister
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Alice Beachner
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Rick Hines
Director
- Total calculated
- $0
- Hours/week
- 1
-
Beth Chaney
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Carl Hoskins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Larry Compton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ben Legler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gayle Holum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary Wall
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jackie Gorman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Roseanne Olmstead
Director thru May 2023
- Total calculated
- $0
- Hours/week
- 1
-
Anthony Vaughan
Executive Director
- Total calculated
- $152,345
- From this org
- $113,337
- From related orgs
- $0
- Other
- $39,008
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $95,697
- Bonus
- $17,640
- Other
- $0
- Deferred
- $22,116
- Nontaxable benefits
- $16,892
- Filer's total
- $152,345
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$348,640
Purchase equipment, renovation costs, and other expenses
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433139349300843
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