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Nonprofit · EIN 85-3078800

LABETTE HEALTH ENDOWMENT ASSOCIATION

Tax-exempt · PARSONS, KS 67357

Financials

$1M$1.1M2023$483K$1.5M2024
Revenue Expenses · by fiscal year end
Financials of LABETTE HEALTH ENDOWMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$482,609$1,506,020-$1,023,411$33,326,064$27,162,429$6,163,635
December 31, 2023990$1,038,564$1,146,169-$107,605$34,349,758$27,162,712$7,187,046
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$43,700
Program service revenue
$247,013
Investment income
$191,896
Other revenue
$0

Expenses

Grants and similar amounts paid
$246,731
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$1,023,982
Program services (functional)
$1,462,320
Management and general (functional)
$43,700

Balance sheet and other

Total assets, start of year
$34,349,758
Total assets, end of year
$33,326,064
Total liabilities, end of year
$27,162,429
Net assets, end of year
$6,163,635
Land, buildings and equipment
$19,471,316
Net assets without donor restrictions
$6,163,635
Gross receipts
$482,609
Employees
0
Volunteers
5
Year formed
2020
State of legal domicile
KS

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Brian WilliamsDirector
Trustee or director
1$0$533,564$81,488
Jerry ClemensPresident
Trustee or director, Officer
1$0$0$0
Thomas MacaronasTreasurer
Trustee or director, Officer
1$0$0$0
Richard BabcockSecretary
Trustee or director, Officer
1$0$0$0
Brad OakesDirector
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Brian WilliamsDirector
Trustee or director
1$0$573,564$81,506
Thomas MacaronasTreasurer
Trustee or director, Officer
1$0$152,577$46,408
Jerry ClemensPresident
Trustee or director, Officer
1$0$0$0
Richard BabcockSecretary
Trustee or director, Officer
1$0$0$0
Brad OakesDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1902 S US HIGHWAY 59, PARSONS, KS 67357-4948
In care of
% THOMAS MACARONAS
Principal officer (990 for 2024)
Jerry Clemens, 1902 S US Highway 59, Parsons, KS 67357
Signed the 990
Jerry Clemens, President
Phone
(620) 421-4880
Return prepared by
Wendling Noe Nelson & Johnson LLC

Mission

The Organization's primary function is to finance, construct, renovate, expand, maintain, manage, lease, and otherwise operate certain real property for the benefit of, to perform the functions of, or to carry out the purposes of Labette Health. Particularly, the Organization supported Labette Health by facilitating an expansion and renovation of certain property of Labette Health.

990 for the year ended December 31, 2024

Program accomplishments

  • To provide assistance and funding to Labette County Medical Center, d/b/a Labette Health, to support construction projects undertaken by Labette Health
    Expenses $1,462,320 · grants $246,731 · revenue $438,903

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3078800
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$33,326,064
Income (IRS master file)
$482,609

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$482,609$1,506,020$33,326,064XML
990December 2023$1,038,564$1,146,169$34,349,758XML
990December 2022$4,240,583$227,545$34,457,642IRS
990December 2021–––IRS
990December 2020–––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 85-3078800).

Questions about LABETTE HEALTH ENDOWMENT ASSOCIATION

What is the EIN of LABETTE HEALTH ENDOWMENT ASSOCIATION?
The employer identification number (EIN) of LABETTE HEALTH ENDOWMENT ASSOCIATION is 85-3078800.
Is LABETTE HEALTH ENDOWMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LABETTE HEALTH ENDOWMENT ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LABETTE HEALTH ENDOWMENT ASSOCIATION 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 LABETTE HEALTH ENDOWMENT ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LABETTE HEALTH ENDOWMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LABETTE HEALTH ENDOWMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 names Jerry Clemens.
Who are the officers and directors of LABETTE HEALTH ENDOWMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LABETTE HEALTH ENDOWMENT ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $482,609, expenses of $1,506,020 and total assets of $33,326,064 at year end.

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