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Nonprofit · EIN 43-1386718

LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL

Tax-exempt · LEES SUMMIT, MO 64063

Financials

$306K$446K2022$97K$202K2023$402K$264K2024
Revenue Expenses · by fiscal year end
Financials of LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$402,062$264,146$137,916$352,002$2,833$349,169
June 30, 2024990$96,945$202,496-$105,551$213,803$2,158$211,645
June 30, 2023990$305,733$446,197-$140,464$391,548$73,496$318,052
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$392,930
of which government grants
$200,000
Membership dues
$181,730
Program service revenue
$0
Investment income
$8,182
Other revenue
$950

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$136,195
Salaries, compensation and benefits (total)
$146,702
Professional fundraising fees
$0
Accounting fees
$16,560
Occupancy
$17,743
Travel
$965
Depreciation
$1,385
Program services (functional)
$184,101
Management and general (functional)
$71,451
Fundraising (functional)
$8,594

Balance sheet and other

Total assets, start of year
$213,803
Total assets, end of year
$352,002
Total liabilities, end of year
$2,833
Net assets, end of year
$349,169
Land, buildings and equipment
$19,118
Net assets without donor restrictions
$349,169
Gross receipts
$402,062
Employees
1
Year formed
1985
State of legal domicile
MO

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.

NameTitleHours / weekCompensation
BILL BAIRDCITY MAYOR
Trustee or director
–$0
DOUG BATESDIRECTOR
Trustee or director
–$0
BILL BROWNDIRECTOR
Trustee or director
–$0
DR DAVID BUCKLSR7 SUPERIN
Trustee or director
–$0
DR RYAN CRIDERMCC LONGVIEW
Trustee or director
–$0
JON ELLISSECRETARY
Trustee or director, Officer
–$0
JACKIE MCCORMICK HEANUETREASURER
Trustee or director, Officer
–$0
LAUREL HOGUEUCM PRESIDEN
Trustee or director
–$0
TOM JACKSONDIRECTOR
Trustee or director
–$0
DR BOB JEROMEBSSD SUPERIN
Trustee or director
–$0
MEGAN LITECKYDIRECTOR
Trustee or director
–$0
JOHN LOVELLDIRECTOR
Trustee or director
–$0
BOBBY OLM-SHIPMANVICE CHAIR
Trustee or director, Officer
–$0
DAN REXROTHDIRECTOR
Trustee or director
–$0
HILLARY SHIELDSDIRECTOR
Trustee or director
–$0
1 more people on this return
NameTitleHours / weekCompensation
MICHAEL VANBUSKIRKCHAIRPERSON
Trustee or director, Officer
–$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
BILL BAIRDCITY MAYOR
Trustee or director, Officer
0.5$0
BILL BROWNVICE CHAIR
Trustee or director, Officer
1$0
DR DAVID BUCKLSR7 SUPERIN
Trustee or director, Officer
0.5$0
KEITH DORRIANDIRECTOR
Trustee or director
0.5$0
MARK DUNNINGCITY MANAGER
Trustee or director, Officer
0.5$0
CLINT HAYNESDIRECTOR
Trustee or director
0.5$0
LARRY HILLIERTREASURER
Trustee or director, Officer
1$0
LAUREL HOGUEDIRECTOR
Trustee or director
0.5$0
TOM JACKSONDIRECTOR
Trustee or director
0.5$0
BOBBY OLM-SHIPMANDIRECTOR
Trustee or director
0.5$0
DAN REXROTHDIRECTOR
Trustee or director
0.5$0
MICHAEL VANBUSKIRKDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
RICK MCDOWELLPRESIDENT/CE
Former
–$175,763$24,795
BILL BROWNVICE CHAIR
Trustee or director, Officer
–$0$0
WILLIAM COATESCHAIR
Trustee or director, Officer
–$0$0
KEITH DORRIANDIRECTOR
Trustee or director
–$0$0
CLINT HAYNESDIRECTOR
Trustee or director
–$0$0
TODD HAYNESIMMEDIATE PA
Trustee or director, Officer
–$0$0
LARRY HILLIERTREASURER
Trustee or director, Officer
–$0$0
LAUREL HOGUEDIRECTOR
Trustee or director
–$0$0
TOM JACKSONDIRECTOR
Trustee or director
–$0$0
BRANDI MCCOMBSDIRECTOR
Trustee or director
–$0$0
JOHN MCDONALDSECRETARY
Trustee or director, Officer
–$0$0
BOBBY OLM-SHIPMANDIRECTOR
Trustee or director
–$0$0
DAN REXROTHDIRECTOR
Trustee or director
–$0$0
HEIDI THUMMELDIRECTOR
Trustee or director
–$0$0
MICHAEL VANBUSKIRKDIRECTOR
Trustee or director
–$0$0
TERESA EVANSEXECUTIVE DI
Officer
–$0$0

Address and contacts

Address (IRS master file)
218 SE MAIN ST, LEES SUMMIT, MO 64063-2332
In care of
% LEES SUMMIT ECONOMIC DEVELOPMENT
Principal officer (990 for 2024)
JOE PERRY, 218 SE MAIN STREET, LEES SUMMIT, MO 64063
Signed the 990
JOE PERRY, EXECUTIVE DIRECTOR
Phone
(816) 525-6617
Return prepared by
SPILKER MCKEONE & NELSON PC

Mission

TO PROMOTE AND ENHANCE THE CITY OF LEE'S SUMMIT AS A MODEL COMMUNITY FOR ECONOMIC INNOVATION AND GROWTH FUELED BY A PRO-BUSINESS ENVIRONMENT, DIVERSE ECONOMIC BASE AND A COMMITMENT TO STRONG RELATIONSHIPS AND WORK ETHIC.

990 for the year ended June 30, 2025

Program accomplishments

  • BUSINESS RETENTION AND EXPANSION - WORK WITH LOCAL EMPLOYERS TO ACT AS THEIR OMBUDSMAN TO HELP RESOLVE PROBLEMS AND TO GROW THEIR BUSINESSES.
    Expenses $103,973
  • COMMUNITY PRODUCT DEVELOPMENT - AS A TRUSTED, NEUTRAL ADVISOR, PROMOTE A PRO-BUSINESS ENVIRONMENT AND CIVIC DIALOGUE BY COLLABORATING WITH PUBLIC AND PRIVATE SECTOR STAKEHOLDERS TO IMPROVE THE QUALITY OF LIFE IN LEE'S SUMMIT.
    Expenses $45,457
  • COMMUNITY IMAGE ENHANCEMENT - PUBLICIZE AND MERCHANDISE LEE'S SUMMIT TO KEEP THE COMMUNITY AT THE TOP OF OPINION AND DECISION MAKERS' MINDS. TARGET INDUSTRY ATTRACTION - WORK WITH INVESTORS, COMMUNITY PARTNERS AND ALLIES TO ATTRACT INVESTMENT AND HIGHER PAYING JOBS THAT CONTRIBUTE TO THE TAX BASE.
    Expenses $34,671

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
43-1386718
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$352,002
Income (IRS master file)
$402,062

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$402,062$264,146$352,002IRS
990June 2024$96,945$202,496$213,803XML
990June 2023$305,733$446,197$391,548XML
990June 2022$523,598$584,871$574,098IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 43-1386718).

Questions about LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL

What is the EIN of LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL?
The employer identification number (EIN) of LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL is 43-1386718.
Is LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1986.
Are donations to LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL 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 LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL 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 LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL 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 LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended June 30, 2025 names JOE PERRY.
Who are the officers and directors of LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does LEES SUMMIT ECONOMIC DEVELOPMENT COUNCIL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $402,062, expenses of $264,146 and total assets of $352,002 at year end.

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