Nonprofit · EIN 41-2186719
STOWERS RESOURCE MANAGEMENT INC
Tax-exempt · KANSAS CITY, MO 64110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $198,300,289 | $164,615,069 | $33,685,220 | $2,055,922,131 | $300,701,619 | $1,755,220,512 |
| June 30, 2024 | 990 | $157,132,392 | $172,408,024 | -$15,275,632 | $1,998,285,855 | $301,748,613 | $1,696,537,242 |
| June 30, 2023 | 990 | $20,963,626 | $68,679,277 | -$47,715,651 | $1,754,575,141 | $296,515,132 | $1,458,060,009 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,164,727
- Program service revenue
- $39,136,268
- Investment income
- $157,102,814
- Net rental income
- $25,841
- Net gain from sales of assets
- $971,172
- Other revenue
- -$103,520
Expenses
- Grants and similar amounts paid
- $107,068,857
- Compensation of officers, directors and key employees
- $8,419,850
- Other salaries and wages
- $12,373,284
- Salaries, compensation and benefits (total)
- $25,915,740
- Professional fundraising fees
- $0
- Legal fees
- $1,225,089
- Accounting fees
- $287,383
- Occupancy
- $4,141,761
- Travel
- $120,987
- Depreciation
- $1,255,919
- Program services (functional)
- $156,204,787
- Management and general (functional)
- $7,864,327
- Fundraising (functional)
- $545,955
Balance sheet and other
- Total assets, start of year
- $1,998,285,855
- Total assets, end of year
- $2,055,922,131
- Total liabilities, end of year
- $300,701,619
- Net assets, end of year
- $1,755,220,512
- Land, buildings and equipment
- $1,924,949
- Publicly traded securities
- $570,298,056
- Net assets without donor restrictions
- $1,752,838,281
- Net assets with donor restrictions
- $2,382,231
- Gross unrelated business income
- -$133,385
- Gross receipts
- $312,812,240
- Employees
- 164
- Volunteers
- 9
- Year formed
- 2005
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD W BROWN | DIR/PRESIDENT/CEO DECEASED 3/27/25 Trustee or director, Officer | 40 | $3,103,954 | $0 | $102,383 |
| ALEJANDRO SNCHEZ ALVARADO | DIRECTOR Trustee or director | 2 | $0 | $1,094,951 | $839,779 |
| CHARLES GERMAN | DIRECTOR/EVP/GENERAL COUNSEL Trustee or director, Officer | 40 | $1,165,721 | $0 | $80,585 |
| KAUSIK SI | DIRECTOR Trustee or director | 2 | $0 | $780,244 | $241,908 |
| BRENT KREIDER | DIRECTOR Trustee or director | 2 | $0 | $787,292 | $91,449 |
| PENNY M SPENCE | EVP/CFO THRU 4/8/2025 Officer | 40 | $753,782 | $0 | $79,650 |
| GEORGE L SATTERLEE | DIRECTOR /EVP/HR Trustee or director, Officer | 40 | $518,670 | $0 | $84,947 |
| JENNIFER H PAWLOSKY | CHIEF OF STAFF/VP OF COMM Officer | 40 | $497,372 | $0 | $90,418 |
| EVELYN TRAVNIK | VP/CIO Officer | 40 | $392,971 | $0 | $93,182 |
| KIM CHEE | VP OF FINANCE Officer | 40 | $325,924 | $0 | $70,640 |
| JOSELYN VERSCHELDEN | VP/DEPUTY GEN COUNSEL Officer | 40 | $306,803 | $0 | $81,385 |
| TONYEA INGLIS | VP OF REGULATORY AFFAIRS Officer | 40 | $303,808 | $0 | $82,643 |
| TIMOTHY J GEARY | DIR OF OPS AND SERVICES THRU 3/7/25 Highest-paid employee | 40 | $282,257 | $0 | $72,802 |
| JESSICA WITT | DIR OF IT Highest-paid employee | 40 | $251,841 | $0 | $61,773 |
| SHAUN PRICE | DIR OF INFO SECURITY Highest-paid employee | 40 | $194,195 | $0 | $58,809 |
13 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER HERBERS | DIR OF HR Highest-paid employee | 40 | $171,896 | $60,523 |
| KATY GRAHAM | CONTROLLER Highest-paid employee | 40 | $183,354 | $41,766 |
| JONATHAN THOMAS | DIRECTOR/CHAIR BEGINNING OF SERVICE 3/24/25 Trustee or director, Officer | 8 | $0 | $0 |
| ALBERZINE FREEMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CICI ROJAS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CLIFFORD W ILLIG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID A WELTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GINA KAISER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES E STOWERS III | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BLUFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JULIE WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MAURICE WATSON | DIRECTOR THRU 1/24/25 Trustee or director | 2 | $0 | $0 |
| PAM LOKKEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD W BROWN | DIRECTOR/CHAIR/PRES/CEO Trustee or director, Officer | 40 | $2,963,544 | $0 | $83,699 |
| ALEJANDRO SNCHEZ ALVARADO | DIRECTOR Trustee or director | 2 | $0 | $1,031,058 | $691,736 |
| PATRICK MITCHELL JR | VP OF HR THRU 9/28/23 Highest-paid employee | 40 | $1,161,799 | $0 | $73,131 |
| CHARLES GERMAN | DIRECTOR/EVP/GENERAL COUNSEL Trustee or director, Officer | 40 | $1,110,953 | $0 | $79,359 |
| KAUSIK SI | DIRECTOR Trustee or director | 2 | $0 | $734,910 | $167,325 |
| BRENT KREIDER | DIRECTOR Trustee or director | 2 | $0 | $750,108 | $98,179 |
| PENNY M SPENCE | EVP/CFO Officer | 40 | $715,752 | $0 | $73,207 |
| GEORGE L SATTERLEE | DIRECTOR /EVP/HR Trustee or director, Officer | 40 | $494,387 | $0 | $81,376 |
| JENNIFER H PAWLOSKY | CHIEF OF STAFF/VP OF COMM Officer | 40 | $472,097 | $0 | $86,079 |
| KIM CHEE | VP OF FINANCE Officer | 40 | $318,317 | $0 | $66,256 |
| JOSELYN VERSCHELDEN | VP/DEPUTY GEN COUNSEL Officer | 40 | $292,582 | $0 | $77,012 |
| TIMOTHY J GEARY | DIR OF OPS AND SERVICES Highest-paid employee | 40 | $272,494 | $0 | $68,535 |
| JESSICA WITT | DIR OF IT Highest-paid employee | 40 | $244,298 | $0 | $59,332 |
| TONYEA INGLIS | VP OF REGULATORY AFFAIRS Officer | 40 | $210,957 | $0 | $63,943 |
| MICHAEL NEWHOUSE | FORMER DIR OF IT OPS Former | 0 | $256,250 | $0 | $0 |
| SHAUN PRICE | DIR OF INFO SECURITY Highest-paid employee | 40 | $167,133 | $0 | $52,075 |
| KATY GRAHAM | DIR OF ACCOUNTING Highest-paid employee | 40 | $173,197 | $0 | $39,417 |
| EVELYN TRAVNIK | VP/CIO Officer | 40 | $14,222 | $0 | $3,951 |
| JONATHAN THOMAS | DIR/VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ALBERZINE FREEMAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CICI ROJAS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CLIFFORD W ILLIG | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DAVID A WELTE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| GINA KAISER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JAMES E STOWERS III | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOHN BLUFORD | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JULIE WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAURICE WATSON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PAM LOKKEN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES GERMAN | DIRECTOR/EVP/GENERAL COUNSEL Trustee or director, Officer | 40 | $0 |
| GEORGE L SATTERLEE | DIRECTOR /EVP/HR Trustee or director, Officer | 40 | $0 |
| RICHARD W BROWN | DIR/CHAIR/PRES/CEO Trustee or director, Officer | 40 | $0 |
| ALBERZINE FREEMAN | DIRECTOR Trustee or director | 2 | $0 |
| ALEJANDRO SNCHEZ ALVARADO | DIRECTOR Trustee or director | 2 | $0 |
| BRENT KREIDER | DIRECTOR Trustee or director | 2 | $0 |
| CICI ROJAS | DIRECTOR Trustee or director | 2 | $0 |
| CLIFFORD W ILLIG | DIRECTOR Trustee or director | 2 | $0 |
| DAVID A WELTE | DIRECTOR Trustee or director | 2 | $0 |
| GINA KAISER | DIRECTOR Trustee or director | 2 | $0 |
| JAMES E STOWERS III | DIRECTOR Trustee or director | 2 | $0 |
| JOHN BLUFORD | DIRECTOR Trustee or director | 2 | $0 |
| JONATHAN THOMAS | DIRECTOR Trustee or director | 2 | $0 |
| JULIE WILSON | DIRECTOR Trustee or director | 2 | $0 |
| KAUSIK SI | DIRECTOR AS OF 6/27/23 Trustee or director | 2 | $0 |
| MAURICE WATSON | DIRECTOR Trustee or director | 2 | $0 |
| PAM LOKKEN | DIRECTOR Trustee or director | 2 | $0 |
| PENNY M SPENCE | EVP/CFO Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 E 50TH ST, KANSAS CITY, MO 64110-2262
- In care of
- % KATY GRAHAM
- Principal officer (990 for 2024)
- JONATHAN THOMAS, 1000 EAST 50TH STREET, KANSAS CITY, MO 64110
- Signed the 990
- JONATHAN THOMAS, DIRECTOR/CHAIR
- Phone
- (816) 926-4000
- Website
- WWW.STOWERS.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
SEE SCHEDULE O
Program accomplishments
- FINANCIAL SUPPORT - SRM MONITORS THE FINANCIAL NEEDS OF SIMR SO SIMR CAN CONDUCT ITS MEDICAL RESEARCH IN THE PUBLIC INTEREST AND MAKES CONTRIBUTIONS TO SIMR TO SUPPORT ITS MEDICAL RESEARCH ACTIVITIES. THE CONTRIBUTIONS ARE MADE AS DETERMINED BY SRM'S BOARD OF DIRECTORS AFTER REVIEW OF FINANCIAL INFORMATION, BUDGETS, STRATEGIES AND OTHER RELEVANT INFORMATION. SRM PROVIDED $93,068,857 TO SIMR, A RELATED 501(C)(3) ORGANIZATION, FOR INSTITUTIONAL FUNDS SUPPORT AND $14,000,000 TO BIOMED VALLEY CORPORATION ("BVC"), A RELATED 501(C)(3) CORPORATION, FOR INSTITUTIONAL FUNDS SUPPORT.Expenses $107,068,857 · grants $107,068,857
- MANAGEMENT, ADMINISTRATIVE AND OPERATION SUPPORT SERVICES - SRM PROVIDES MANAGEMENT SUPPORT TO SIMR THAT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, AND THE DEVELOPMENT AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. SRM ALSO PROVIDES ADDITIONAL ADMINISTRATIVE AND OPERATIONAL SUPPORT SERVICES TO SIMR AND GSSIMR THAT INCLUDES ACCOUNTING, FINANCE, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND OTHER SUPPORT ACTIVITIES, FOR WHICH SRM ALLOCATED COSTS TO SIMR IN THE AMOUNT OF $38,434,417 AS REPORTED ON PART VIII STATEMENT OF REVENUE LINE 2A, WITH RELATED INFORMATION ON SCHEDULE O.Expenses $39,136,268 · revenue $39,136,268
- MANAGEMENT OF INSTITUTIONAL FUNDS - SRM PARTICIPATES IN THE MANAGEMENT OF SIMR AND GSSIMR TO ENSURE THEIR FINANCIAL ABILITY TO CONTINUE IN PERPETUITY.Expenses $9,999,662
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-2186719
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G11)
- Assets (IRS master file)
- $2,055,922,131
- Income (IRS master file)
- $312,812,240
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $198,300,289 | $164,615,069 | $2,055,922,131 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $157,132,392 | $172,408,024 | $1,998,285,855 | IRS |
| 990 | June 2023 | $20,963,626 | $68,679,277 | $1,754,575,141 | XML |
| 990 | December 2022 | $145,680,496 | $90,235,049 | $1,809,838,380 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-2186719).
Questions about STOWERS RESOURCE MANAGEMENT INC
- What is the EIN of STOWERS RESOURCE MANAGEMENT INC?
- The employer identification number (EIN) of STOWERS RESOURCE MANAGEMENT INC is 41-2186719.
- Is STOWERS RESOURCE MANAGEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to STOWERS RESOURCE MANAGEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does STOWERS RESOURCE MANAGEMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STOWERS RESOURCE MANAGEMENT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STOWERS RESOURCE MANAGEMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of STOWERS RESOURCE MANAGEMENT INC?
- The 990 for the year ended June 30, 2025 names JONATHAN THOMAS.
- Who are the officers and directors of STOWERS RESOURCE MANAGEMENT INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 14 received compensation from the organization, the highest $3,103,954 (RICHARD W BROWN, DIR/PRESIDENT/CEO DECEASED 3/27/25).
- How much revenue does STOWERS RESOURCE MANAGEMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $198,300,289, expenses of $164,615,069 and total assets of $2,055,922,131 at year end.
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All nonprofits in KANSAS CITY · Missouri · Voluntary health associations and medical disciplines