Civic Intelligence

Leesar Inc

EIN 26-3818222 • 501(c)3 • Fort Myers, FL

Profile

To provide through intergovernmental cooperation, various programs and services including, without limitation, the purchasing and distribution of medical supplies and other supplies, centralized record retention and managment, pharmaceutical repackaging, custom sterile packs, courier service, and food service to lee memorial health system, sarasota memorial health system and other governmental entities.

2727 Winkler AvenueFort Myers, FL 33901

www.leesar.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.46x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.19x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

39th percentile

0.8%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

39th percentile

$600,250

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

24th percentile

-0.3%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

21st percentile

-3.2%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Down

$115,839,677

Down $5,461,839 (-4.5%) from 2023

Liabilities

Down

$52,899,873

Down $7,247,685 (-12%) from 2023

Net Assets

Up

$62,939,804

Up $1,785,846 (+2.9%) from 2023

Revenue

Down

$280,771,721

Down $6,988,337 (-2.4%) from 2023

Expenses

Down

$278,560,234

Down $6,741,305 (-2.4%) from 2023

Net Income

Down

$2,211,487

Down $247,032 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $39,807,874Liabilities 2011: $20,734,065Net Assets 2011: $19,073,8092011Assets 2012: $67,987,357Liabilities 2012: $44,875,897Net Assets 2012: $23,111,4602012Assets 2013: $74,985,370Liabilities 2013: $48,458,005Net Assets 2013: $26,527,3652013Assets 2014: $86,171,179Liabilities 2014: $54,744,790Net Assets 2014: $31,426,3892014Assets 2015: $86,408,391Liabilities 2015: $50,483,458Net Assets 2015: $35,924,9332015Assets 2016: $87,683,911Liabilities 2016: $48,025,277Net Assets 2016: $39,658,6342016Assets 2017: $93,391,888Liabilities 2017: $51,535,228Net Assets 2017: $41,856,6602017Assets 2018: $101,582,088Liabilities 2018: $57,517,428Net Assets 2018: $44,064,6602018Assets 2019: $103,977,469Liabilities 2019: $59,396,831Net Assets 2019: $44,580,6382019Assets 2020: $111,866,112Liabilities 2020: $65,230,411Net Assets 2020: $46,635,7012020Assets 2021: $111,944,037Liabilities 2021: $57,250,287Net Assets 2021: $54,693,7502021Assets 2022: $116,532,130Liabilities 2022: $57,917,075Net Assets 2022: $58,615,0552022Assets 2023: $121,301,516Liabilities 2023: $60,147,558Net Assets 2023: $61,153,9582023Assets 2024: $115,839,677Liabilities 2024: $52,899,873Net Assets 2024: $62,939,8042024

Highlighted filing

2024

Assets$115,839,677
Liabilities$52,899,873
Net Assets$62,939,804

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0Expenses 2011: $154,935,5952011Expenses 2012: $164,354,3652012Expenses 2013: $175,689,7092013Revenue 2014: $195,463,673Expenses 2014: $191,099,184Net Income 2014: $4,364,4892014Revenue 2015: $218,886,951Expenses 2015: $214,588,245Net Income 2015: $4,298,7062015Revenue 2016: $230,888,007Expenses 2016: $227,630,748Net Income 2016: $3,257,2592016Revenue 2017: $244,975,281Expenses 2017: $243,251,729Net Income 2017: $1,723,5522017Revenue 2018: $254,469,529Expenses 2018: $252,665,755Net Income 2018: $1,803,7742018Revenue 2019: $259,872,323Expenses 2019: $258,142,848Net Income 2019: $1,729,4752019Revenue 2020: $262,135,496Expenses 2020: $259,467,230Net Income 2020: $2,668,2662020Revenue 2021: $298,732,573Expenses 2021: $291,324,048Net Income 2021: $7,408,5252021Revenue 2022: $299,672,889Expenses 2022: $297,156,644Net Income 2022: $2,516,2452022Revenue 2023: $287,760,058Expenses 2023: $285,301,539Net Income 2023: $2,458,5192023Revenue 2024: $280,771,721Expenses 2024: $278,560,234Net Income 2024: $2,211,4872024

Highlighted filing

2024

Revenue$280,771,721
Expenses$278,560,234
Net Income$2,211,487

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$116$52.9$62.9$281$279$2.21
2023Detailed filing. Detailed filing data is available for this year.$121$60.1$61.2$288$285$2.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$57.9$58.6$300$297$2.52
2021Detailed filing. Detailed filing data is available for this year.$112$57.3$54.7$299$291$7.41
2020Detailed filing. Detailed filing data is available for this year.$112$65.2$46.6$262$259$2.67
2019Detailed filing. Detailed filing data is available for this year.$104$59.4$44.6$260$258$1.73
2018Detailed filing. Detailed filing data is available for this year.$102$57.5$44.1$254$253$1.80
2017Detailed filing. Detailed filing data is available for this year.$93.4$51.5$41.9$245$243$1.72
2016Detailed filing. Detailed filing data is available for this year.$87.7$48.0$39.7$231$228$3.26
2015Detailed filing. Detailed filing data is available for this year.$86.4$50.5$35.9$219$215$4.30
2014Detailed filing. Detailed filing data is available for this year.$86.2$54.7$31.4$195$191$4.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.0$48.5$26.5$176
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.0$44.9$23.1$164
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.8$20.7$19.1$155
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$280,771,721
Mission and Program Overview

Mission

To provide through intergovernmental cooperation, various programs and services including, without limitation, the purchasing and distribution of medical supplies and other supplies, centralized record retention and managment, pharmaceutical repackaging, custom sterile packs, courier service, and food service to lee memorial health system, sarasota memorial health system and other governmental entities.

To provide through intergovernmental cooperation, various programs and services including, without limitation, the purchasing and distribution of medical supplies and other supplies, centralized record retention and management, pharmaceutical repackaging, custom sterile packs, courier service, and food service to lee memorial health system, sarasota memorial health sytem and other governmental agencies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52,870,786$52,312,861▼ $557,925
Inventories for Sale or Use$23,710,526$27,372,164▲ $3,661,638
Savings and Temporary Cash Investments$17,677,196$16,774,543▼ $902,653
Accounts Receivable$20,463,044$13,285,550▼ $7,177,494
Prepaid Expenses and Deferred Charges$1,324,223$1,647,862▲ $323,639
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$121,301,516$115,839,677▼ $5,461,839
Other Assets Total$5,255,541$4,446,497▼ $809,044
Liabilities
Accounts Payable and Accrued Expenses$32,136,209$26,531,585▼ $5,604,624
Tax Exempt Bond Liabilities$13,948,685$12,515,976▼ $1,432,709
Other Liabilities$10,062,664$9,852,312▼ $210,352
Deferred Revenue$4,000,000$4,000,000→ $0
Total Liabilities$60,147,558$52,899,873▼ $7,247,685
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$61,153,958$62,939,804▲ $1,785,846
Total Net Assets Fund Balance$61,153,958$62,939,804▲ $1,785,846
Total Liabilities and Net Assets / Fund Balance$121,301,516$115,839,677▼ $5,461,839

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$40,623,792$12,571,144$53,194,936
Equipment$5,042,819$11,527,906$16,570,725
Other Land Buildings$2,018,941$5,692,622$7,711,563
Land$4,587,215-$4,587,215
Leasehold Improvements$40,094$557,682$597,776
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert J BoswellPresident/ceFT$574,228$26,022$600,250
Robert J BoswellPresident/CEO-$453,234$147,016$600,250
Jennifer ReverendoVice PresideFT$319,062$45,212$364,274
Jennifer ReverendoVice President-$268,188$96,086$364,274
Jonathan GirnysVP-pharma SeFT$281,497$41,489$322,986
Jonathan GirnysVP-pharma Services-$237,871$85,115$322,986
Jennifer TokashVPFT$211,329$57,645$268,974
Deborah Ann ShadCFOFT$194,842$57,639$252,481
Barbara FernandezVice Pres HrFT$188,551$62,837$251,388
Phillip L AmosEd-plant OpeFT$200,038$22,879$222,917
Phillip L AmosEd-plant Operations-$175,972$46,945$222,917
Russ NeumeierVP-isFT$154,791$66,171$220,962
Richard RobertsEd-culinaryFT$189,019$23,613$212,632
Richard RobertsEd-culinary Solution-$164,095$48,537$212,632
Janice VarneyVP-supply ChFT$185,169$11,247$196,416
Janice VarneyVP-supply Chain Ops-$162,727$33,689$196,416
John Edward StregerCurrent PreFT$37,038-$37,038

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Accelalpha INCErp Implement310 120TH AVE NE, Bellevue, WA 98005$1,311,579
PaycomPayroll Admin7501 W MEMORIAL ROAD, Oklahoma City, OK 73142$117,982
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$279,841,569
Investment Income
$632,560
Other Revenue
$297,592
Change in Net Assets
$2,211,487

Audited Revenue Reconciliation

Revenue per Audited Statements
$280,771,721
Revenue Not Reported on Form 990
$-425,641
Total Revenue per Audited Statements
$280,346,080
Total Revenue per Form 990
$280,771,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,837,640
Salaries, Compensation, and Employee Benefits$18,722,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,995,450$945,103-$11,940,553
Occupancy$4,938,115$29,847-$4,967,962
Depreciation Depletion$3,100,992$100,932-$3,201,924
Fees for Services Other$2,923,251$38,333-$2,961,584
Current Officers, Directors, Trustees, and Key Employees$2,460,809$211,659-$2,672,468
Other Employee Benefits$2,412,222$186,979-$2,599,201
Payroll Taxes$992,460$72,238-$1,064,698
All Other Expenses$706,060$35,597-$741,657
Interest$697,565--$697,565
Office Expenses$585,173$69,809-$654,982
Insurance$449,893$52,068-$501,961
Pension Plan Contributions$418,633$27,041-$445,674
Other Expenses$352,311$47,698-$400,009
Fees for Services Accounting$49,603$12,401-$62,004
Fees for Services Legal$41,483$14,339-$55,822
Travel$25,010$6,960-$31,970
Total Functional Expenses$276,648,570$1,911,664$0$278,560,234

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$278,560,234
Total Expenses per Audited Statements$278,560,234
Total Expenses per Form 990$278,560,234
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contribution in Aid of Construction$6,944,907
Lease Obligation - Operating$2,003,519
Lease Obligation-finance$903,886

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALee County Indust Dev Authority2010-12-21$27,000,000Construct & equip facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$27,000,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization provides purchasing and distribution of medical and other supplies and services primarily to members. Members are not for profit governmental and private entities. On september 1, 2010, the original two members sarasota memorial health care system (smh) and lee memorial health system (lmh) sold a portion of their memberships to central florida health system alliance (cfha). Membership in the current fiscal year included smh, lmh, and cfha, and elects 100% of the governing body of leesar, inc.

Form 990, Page 6, Part VI, Line 7A

The supported organizations lmh, smh and uf central florida elect the board members of lesar, inc.

Form 990, Page 6, Part VI, Line 7B

See part vi, section a, line 7a

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by finance and the ceo and is distributed to the board members prior to submission.

Form 990, Page 6, Part VI, Line 12C

Annual conflict of interest is reviewed by corporate compliance committee which consists of various departments and is charied by internal auditor and vp of hr

Form 990, Page 6, Part VI, Line 15A

Top management and key employees compensation is reviewed by the board.

Form 990, Page 6, Part VI, Line 15B

Top management and key employee compensation is reviewed by the board and the ceo.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Leesar Inc
EIN
26-3818222
Phone
2399398740
Address
2727 WINKLER AVENUE, FORT MYERS, FL 33901

Signing Officer

Name
Deborah Ann Shad
Title
CFO
Phone
2399398752
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Edward Streger
Formed
2008
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
407
Volunteers
7

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide through intergovernmental cooperation, various programs and services including, without limitation, the purchasing and distribution of medical supplies and other supplies, centralized record retention and management, pharmaceutical repackaging, custom sterile packs, courier service, and food service to lee memorial health system, sarasota memorial health sytem and other governmental agencies.

Form 990, Page 1, Part I, Line 6

Volunteers consist of board members

Form 990, Page 2, Part III, Line 3

Culinary services were transfered to lee health

Form 990, Page 2, Part III, Line 4D

Pack operations, sterile processing, record retention, courier service and emergency services

Financial Statement Notes

Schedule D, Page 3, Part X

Leesar has obtained exemption from income taxes under section 501(c)3 of the internal revenue code. Leesar has adopted the provisions of fasb asc 740, "accounting for uncertainty in income taxes" ("asc740"). Asc 740 requires the impact of tax positions be recognized in the financial statements if they are more likely than not of being sustained upon examination, based on the technical merits of the position. Leesar has not recorded interest or penalties as management believes leesar has no uncertain tax positions at september 30, 2024 or 2023.

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