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Nonprofiteer
← KOSAIR CHARITIES COMMITTEE INC

Form 990 for tax year 2023

Filed by KOSAIR CHARITIES COMMITTEE INC.

Totals

Total revenue
$21,509,319
Total expenses
$21,267,546
Contributions and grants received
$5,029,108
Grants paid
$15,290,775
Program service revenue
$1,443,884
Investment income
$14,728,607
Other revenue
$307,720
Total assets, end of year
$346,804,574
Total liabilities, end of year
$19,784,235
Net assets or fund balances, end of year
$327,020,339
Program services expenses (Part IX)
$20,015,945
Management and general expenses
$842,055
Fundraising expenses
$409,546
Program service expenses (Part III)
$20,015,945

Program services were 94.1% 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.

  • 1c · Fundraising events

    $414,824

  • 1f · All other contributions, gifts and grants

    $4,614,284

  • 2a · Program service revenue: FREE RENT

    total $1,443,884 · related or exempt $1,443,884

  • 3 · Investment income

    total $7,545,711 · excluded $7,545,711

  • 7a · Gross sales of assets other than inventory

    securities $60,974,317

  • 7b · Less cost or other basis and sales expenses

    securities $53,791,421

  • 7c · Gain or loss

    securities $7,182,896

  • 7d · Net gain or loss

    total $7,182,896 · excluded $7,182,896

  • 8a · Fundraising events: gross income

    $668,969

  • 8a · Fundraising events: contributions included on line 1c

    $414,824

  • 8b · Fundraising events: direct expenses

    $363,033

  • 8c · Net income from fundraising events

    total $305,936 · excluded $305,936

  • 9a · Gaming: gross income

    $7,290

  • 9b · Gaming: direct expenses

    $5,546

  • 9c · Net income from gaming

    total $1,744 · excluded $1,744

  • 11a · Other revenue: MISCELLANEOUS

    total $40 · related or exempt $40

  • 11e · Other revenue, total

    $40

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $14,489,680 · program services $14,489,680

  • 2 · Grants to domestic individuals

    total $801,095 · program services $801,095

  • 5 · Compensation of officers, directors and key employees

    total $570,844 · program services $145,815 · management and general $222,130 · fundraising $202,899

  • 7 · Other salaries and wages

    total $1,669,879 · program services $1,288,655 · management and general $253,110 · fundraising $128,114

  • 8 · Pension plan contributions

    total $192,994 · program services $155,513 · management and general $22,106 · fundraising $15,375

  • 9 · Other employee benefits

    total $175,427 · program services $120,166 · management and general $50,803 · fundraising $4,458

  • 10 · Payroll taxes

    total $148,974 · program services $62,969 · management and general $29,323 · fundraising $56,682

  • 11b · Fees: legal

    total $43,025 · program services $32,545 · management and general $10,480

  • 11c · Fees: accounting

    total $46,058 · management and general $46,058

  • 11f · Fees: investment management

    total $959,579 · program services $959,579

  • 11g · Fees: other

    total $234,234 · program services $233,489 · management and general $745

  • 12 · Advertising and promotion

    total $372,790 · program services $346,550 · management and general $26,240

  • 13 · Office expenses

    total $224,211 · program services $191,123 · management and general $31,432 · fundraising $1,656

  • 14 · Information technology

    total $103,397 · program services $78,385 · management and general $25,012

  • 16 · Occupancy

    total $378,484 · program services $368,809 · management and general $9,675

  • 17 · Travel

    total $5,804 · program services $5,470 · management and general $75 · fundraising $259

  • 19 · Conferences, conventions and meetings

    total $75,112 · management and general $75,112

  • 22 · Depreciation, depletion and amortization

    total $645,865 · program services $645,865

  • 23 · Insurance

    total $23,951 · management and general $23,951

  • 24a · Other expenses: DEVELOPMENT PROGRAMS

    total $45,092 · program services $45,092

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $39,905 · program services $36,351 · management and general $3,554

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $20,474 · program services $8,298 · management and general $12,176

  • 24d · Other expenses: OTHER EXPENSES

    total $672 · program services $496 · management and general $73 · fundraising $103

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $658 · end of year $200,291

  • 2 · Savings and temporary cash investments

    beginning of year $683,648 · end of year $2,001,984

  • 4 · Accounts receivable

    beginning of year $891,755 · end of year $759,741

  • 9 · Prepaid expenses and deferred charges

    beginning of year $70,551 · end of year $121,996

  • 10a · Land, buildings and equipment: cost or other basis

    $16,085,978

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,579,762

  • 10c · Land, buildings and equipment, net

    beginning of year $5,943,529 · end of year $5,506,216

  • 11 · Investments: publicly traded securities

    beginning of year $262,126,395 · end of year $319,155,463

  • 12 · Investments: other securities

    beginning of year $15,129,263 · end of year $17,943,023

  • 15 · Other assets

    beginning of year $1,115,860 · end of year $1,115,860

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,335,381 · end of year $548,714

  • 18 · Grants payable

    beginning of year $18,197,206 · end of year $19,021,721

  • 19 · Deferred revenue

    beginning of year $99,512 · end of year $123,292

  • 25 · Other liabilities

    beginning of year $99,349 · end of year $90,508

  • 27 · Net assets without donor restrictions

    beginning of year $86,081,937 · end of year $112,130,486

  • 28 · Net assets with donor restrictions

    beginning of year $180,148,274 · end of year $214,889,853

Mission and programs · 2023

Mission

KOSAIR FOR KIDS MISSION IS TO ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, AND CHILD ADVOCACY.

Activities or mission (Part I)

ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, AND CHILD ADVOCACY.

  • KOSAIR FOR KIDS GRANT PROGRAM PROVIDED GRANTS TO LOCAL NONPROFIT ORGANIZATIONS TO SUPPORT THEIR MISSIONS TO ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN BY DELIVERING FINANCIAL SUPPORT FOR HEALTHCARE, RESEARCH, EDUCATION, SOCIAL SERVICES, CHILD ADVOCACY, EXPERIENCES AND FREE RENT TO OTHER NON-PROFITS.

    Expenses $19,214,850 · Grants $14,489,680 · Revenue $1,443,924

  • KOSAIR FOR KIDS FINANCIAL ASSISTANCE PROGRAM PROVIDES DIRECT FINANCIAL ASSISTANCE TO KENTUCKY AND SOUTHERN INDIANA FAMILIES. THE PROGRAM IS DESIGNED TO HELP WITH MEDICAL, EQUIPMENT, DENTAL, AND THERAPY BILLS OF CHILDREN 17 YEARS OF AGE AND UNDER OR STILL ATTENDING HIGH SCHOOL WHOSE FAMILIES CANNOT OTHERWISE AFFORD TO PAY. EACH APPLICATION RECEIVES A FULL REVIEW TO DETERMINE HOW BEST KOSAIR FOR KIDS CAN AID THE FAMILY.

    Expenses $801,095 · Grants $801,095

As filed on the 2023 return.

Listed in Part VII

  • Kirk Carter

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • David Owen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Kenneth E Reiss

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • Larry Craig

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Harry Lusk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Dwight Maddox

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Patrick Miller

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • David Nicholson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • David L Scheu

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Glen E Stuckel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Timothy Hall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Bill Kinman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • John Shofner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Jim Szofer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Rich Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Shawn Beasley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Steve Hueston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Rich Tinsley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Tom Harper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Larry Mann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Tom O'Bryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Richard Webb

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Owen Wetzel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Bobby Bailey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • James Schlise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Ronnie Waiz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Dwayne Holthouser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Aimee Sapp

    SR VICE PRESIDENT, CFO

    Total calculated
    $254,381
    From this org
    $212,153
    From related orgs
    $0
    Other
    $42,228
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,653
    Bonus
    $500
    Other
    $0
    Deferred
    $27,944
    Nontaxable benefits
    $14,284
    Filer's total
    $254,381

  • Barry Dunn

    PRESIDENT

    Total calculated
    $316,463
    From this org
    $275,128
    From related orgs
    $0
    Other
    $41,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,128
    Bonus
    $0
    Other
    $0
    Deferred
    $34,391
    Nontaxable benefits
    $6,944
    Filer's total
    $316,463

  • Jason Wilson

    SR VP OF REGIONAL DEVELOPMENT

    Total calculated
    $156,340
    From this org
    $129,812
    From related orgs
    $0
    Other
    $26,528
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,312
    Bonus
    $500
    Other
    $0
    Deferred
    $16,278
    Nontaxable benefits
    $10,250
    Filer's total
    $156,340

  • Roy Crawford

    VP OF INFORMATION TECHNOLO

    Total calculated
    $172,179
    From this org
    $141,711
    From related orgs
    $0
    Other
    $30,468
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,211
    Bonus
    $500
    Other
    $0
    Deferred
    $19,918
    Nontaxable benefits
    $10,550
    Filer's total
    $172,179

  • Beth Denham

    SR VP OF DEVELOPMENT

    Total calculated
    $167,371
    From this org
    $139,877
    From related orgs
    $0
    Other
    $27,494
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,377
    Bonus
    $500
    Other
    $0
    Deferred
    $17,093
    Nontaxable benefits
    $10,401
    Filer's total
    $167,371

  • Chris Williams

    SR VP OF COMMUNICATIONS

    Total calculated
    $138,873
    From this org
    $121,488
    From related orgs
    $0
    Other
    $17,385
    Hours/week
    40

  • Stephanie Smith

    VP OF EVENTS & OUTREACH

    Total calculated
    $121,128
    From this org
    $100,560
    From related orgs
    $0
    Other
    $20,568
    Hours/week
    40

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

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • EAST LAKE PROPERTY LLC

    REAL ESTATE · KY · assets $1,091,365

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202542269349301349

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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