Nonprofits/Organizations/43-1341459
Active
501(c)(3)
Form 990

The Greater Lees Summit Health Care Foundation

DBA: Greater Lee's Summit Healthcare Foundation

EIN 43-1341459Kansas City, MO 64105Founded 2003WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

SUPPORT THE GLOBAL HEALTH IN THE COMMUNITY IN GREATER LEE'S SUMMIT.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$175K

+55.2%YoY

Total Expenses

$171K

+2.7%YoY

Net Assets

$3.2M

+6.1%YoY

Employees

0

Volunteers

16

Grants Paid

$152K

Program Expense Ratio

89.3%

This nonprofit profile presents IRS Form 990 tax filing data for The Greater Lees Summit Health Care Foundation (EIN: 43-1341459), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +55.2% to $175K
Program spending ratio of 89.3% — excellent
224.8 months of operating reserves — strong cushion
Expenses increased +2.7% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
16-member board, 16 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

2 programs reported
89.3% of spending goes to programs
No programs generate independent revenue
$152K in grants paid to other organizations
16 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
11.3 months cash runway — well positioned
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

The Greater Lees Summit Health Care Foundation is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2003. The organization has held tax-exempt status since 1984. In its 2024 filing, the organization reported $175K in total revenue, a 55.2% increase from the prior year, and $171K in total expenses. The organization engaged 16 volunteers. The organization runs 2 programs, totaling $152K in program expenses. 4 of 6 recommended governance policies are in place.

Programs(Tax Year 2024)

2 records

Programs Overview

The Greater Lees Summit Health Care Foundation operates 2 programs, with total program expenses of $152K. The Greater Lees Summit Health Care Foundation's largest program accounts for 56% of total program spending.

1
Program 1Expenses: $85,261

THE GREATER LEE'S SUMMIT HEALTHCARE FOUNDATION AWARDED $85,000 IN SCHOLARSHIPS FOR 2024 FOR STUDENTS PREPARING FOR CAREERS IN HEALTH CARE AT THE FOLLOWING UNIVERSITIES AND COLLEGES: A.T. STILL UNIVERSITY, KANSAS CITY UNIVERSITY OF MEDICINE AND BIOSCIENCES, RESEARCH COLLEGE OF NURSING, ROCKHURST UNIVERSITY, ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCES, ST. LOUIS UNIVERSITY, UNIVERSITY OF CENTRAL MISSOURI, UNIVERSITY OF KANSAS SCHOOL OF MEDICINE, UNIVERSITY OF MISSOURI - COLUMBIA, UNIVERSITY OF MISSOURI - KANSAS CITY.

2
Program 2Expenses: $67,222

IN 2024 GRANTS WERE AWARDED TOTALING $67,016. GRANTS WERE AWARDED TO: COLDWATER OF LEE'S SUMMIT, DEVELOPING POTENTIAL, INC., HILLCREST MINISTRIES AFFILIATE NO. 1, JOHN KNOX VILLAGE, PRODEO YOUTH CENTER, REDISCOVER, TRUMAN MEDICAL CENTER CHARITABLE FOUNDATION, UMKC FOUNDATION.

Total Program Expenses: $152,483

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, The Greater Lees Summit Health Care Foundation's revenue has declined from $457K to $175K, a 61.7% decrease. Program expenses represent 89% of total spending.

Revenue increased 55.2% year-over-year, while expenses grew 2.7%. net assets rose to $3.2M, up 6.1% from the prior year.

The Greater Lees Summit Health Care Foundation derives 100% from investment income.

The Greater Lees Summit Health Care Foundation allocates 89% to programs, 11% to management and general.

Revenue grew by 55.2% while expenses grew by only 2.7%, suggesting improving operational efficiency.

The Greater Lees Summit Health Care Foundation distributed $152K in grants to other organizations and individuals, representing 89% of total expenses.

Over 6 filings from 2019–2024, The Greater Lees Summit Health Care Foundation declined revenue from $457K to $175K (-61.7%) while maintaining a program expense ratio of 89%.

The Greater Lees Summit Health Care Foundation holds $3.2M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 224.8 months of operating reserves. Cash and equivalents of $161K cover approximately 11.3 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$175K$0$0$0$175K
2023$113K$0$0$0$113K
2022$-196K$221K$0$0$114K
2021$340K$0$0$0$181K
2020$366K$1K$0$0$257K
2019$457K$0$0$0$118K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$171K$152K$18K$0$152K
2023$166K$140K$25K$0$140K
2022$182K$156K$26K$0$156K
2021$185K$159K$25K$0$158K
2020$153K$136K$17K$0$128K
2019$179K$158K$21K$0$148K

Program Expense Ratio

89.3%

Admin Expense Ratio

10.7%

Fundraising Efficiency

Operating Reserve

224.8 mo

People & Compensation(Tax Year 2024)

16 records

Compensation Summary

The Greater Lees Summit Health Care Foundation reported compensation for 16 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DAVID BUCKSECRETARY
OfficerDirector
2.00$0$0$0
LAUREL HOGUEVICE PRESIDENT
OfficerDirector
2.00$0$0$0
BRUCE WILLIAMSCHAIR
OfficerDirector
2.00$0$0$0
GABE CLEMENTSTREASURER
OfficerDirector
2.00$0$0$0
JOHN BEAUDOINDIRECTOR
Director
2.00$0$0$0
JON ELLISDIRECTOR
Director
2.00$0$0$0
JEANNE WILLERTHDIRECTOR
Director
2.00$0$0$0
JANE GRIFFINDIRECTOR
Director
2.00$0$0$0
TERRY TRAFTONDIRECTOR
Director
2.00$0$0$0
MARK HOFFMANDIRECTOR
Director
2.00$0$0$0
BETH ROSEMERGYDIRECTOR
Director
2.00$0$0$0
CARLA GIBSONDIRECTOR
Director
2.00$0$0$0
PATRICK KUENYDIRECTOR
Director
2.00$0$0$0
LIA MCINTOSHDIRECTOR
Director
2.00$0$0$0
GAIL BENNEDIRECTOR
Director
2.00$0$0$0
ERIC JONESDIRECTOR
Director
2.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

The Greater Lees Summit Health Care Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 16 members, 16 of whom are independent.

The Greater Lees Summit Health Care Foundation's financial statements are audited, an audit committee oversees the process.

The Greater Lees Summit Health Care Foundation has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members16
Independent members16

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

The Greater Lees Summit Health Care Foundation awarded $152K across 1 grant to organizations. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION (KANSAS CITY, MO) — $152K for general support.

Organization Grants

RecipientLocationAmountPurpose
GREATER KANSAS CITY COMMUNITY FOUNDATION431152398KANSAS CITY, MO$152KGENERAL SUPPORT

Filing History(Tax Years 1984–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$175K$171K$3.2M
2023
990
2023-01-01 – 2023-12-31$113K$166K$3.0M
2022
990
2022-01-01 – 2022-12-31$-196K$182K$2.8M
2021
990
2021-01-01 – 2021-12-31$340K$185K$3.1M
2020
990
2020-01-01 – 2020-12-31$366K$153K$3.0M
2019
990
2019-01-01 – 2019-12-31$457K$179K$2.8M
1984–2018No filings acquired yet

Frequently Asked Questions

What does The Greater Lees Summit Health Care Foundation do?

SUPPORT THE GLOBAL HEALTH IN THE COMMUNITY IN GREATER LEE'S SUMMIT.

How much revenue does The Greater Lees Summit Health Care Foundation have?

The Greater Lees Summit Health Care Foundation reported $174,733 in total revenue for tax year 2024, up 55.2% from the prior year.

Who is the highest-paid executive at The Greater Lees Summit Health Care Foundation?

DAVID BUCK, SECRETARY, received $0 in total compensation as of tax year 2024.

Is The Greater Lees Summit Health Care Foundation a 501(c)(3)?

Yes, The Greater Lees Summit Health Care Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is The Greater Lees Summit Health Care Foundation located?

The Greater Lees Summit Health Care Foundation is headquartered in Kansas City, MO 64105.

Is The Greater Lees Summit Health Care Foundation audited?

Yes, The Greater Lees Summit Health Care Foundation's financial statements are audited, and the organization has an audit committee.

Does The Greater Lees Summit Health Care Foundation give grants?

Yes, The Greater Lees Summit Health Care Foundation distributed $152,016 in grants to other organizations and individuals in tax year 2024. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION.

Data Source

Prepared by: RUBINBROWN LLP, KANSAS CITY, MO

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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