Civic Intelligence

Leesar Inc.

990 • Fiscal year 2017 • EIN 26-3818222

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 08, 2018

2727 Winkler AvenueFort Myers, FL 33901

(239) 939-8747

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.55x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.21x

Higher debt load relative to revenue than 27% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Net Margin

37th percentile

0.7%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

53rd percentile

6.5%

Faster asset growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

6.1%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Assets

Up

$93,391,888

Up $5,707,977 (+6.5%) from 2016

Net Assets

Up

$41,856,660

Up $2,198,026 (+5.5%) from 2016

Liabilities

Up

$51,535,228

Up $3,509,951 (+7.3%) from 2016

Revenue

Up

$244,975,281

Up $14,087,274 (+6.1%) from 2016

Expenses

Up

$243,251,729

Up $15,620,981 (+6.9%) from 2016

Net Income

Down

$1,723,552

Down $1,533,707 (-47%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2017

Assets$93,391,888
Liabilities$51,535,228
Net Assets$41,856,660

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$244,975,281
Expenses$243,251,729
Net Income$1,723,552
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 8, 2018
Return Version
2016v3.0
Gross Receipts
$244,976,081
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,941,868$53,915,498▲ $12,973,630
Rtn Earn Endowment Incm Other Fnds$39,658,634$41,856,660▲ $2,198,026
Accounts Receivable$16,275,178$17,112,653▲ $837,475
Inventories for Sale or Use$13,270,292$16,275,583▲ $3,005,291
Savings and Temporary Cash Investments$14,823,464$3,902,688▼ $10,920,776
Prepaid Expenses and Deferred Charges$883,232$1,002,045▲ $118,813
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$87,683,911$93,391,888▲ $5,707,977
Other Assets Total$1,489,677$1,183,221▼ $306,456
Liabilities
Accounts Payable and Accrued Expenses$19,859,138$22,906,586▲ $3,047,448
Mortgage Notes Payable Secured by Investment Property$23,551,500$22,430,658▼ $1,120,842
Other Liabilities$4,554,806$6,189,651▲ $1,634,845
Deferred Revenue$59,833$8,333▼ $51,500
Total Liabilities$48,025,277$51,535,228▲ $3,509,951
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,658,634$41,856,660▲ $2,198,026
Total Liabilities and Net Assets / Fund Balance$87,683,911$93,391,888▲ $5,707,977

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,676,223$4,035,566$46,711,789
Equipment$4,530,221$5,509,992$10,040,213
Other Land Buildings$1,569,603$5,944,888$7,514,491
Land$4,619,393-$4,619,393
Leasehold Improvements$520,058$538,620$1,058,678
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly BlakeyDirectorFT$169,599$46,099$215,698
Paul Mcwhinnie Left 2018Former Vice PresidentFT$150,950$58,170$209,120
Michael Mccullough Left 41517Former Chief Operating OfficerFT$167,989$12,933$180,922
Robert a Simpson Left 93017Former Chief Executive OfficerFT$104,350$26,361$130,711
Vickie DragichChief Financial OfficerFT$80,180$32,003$112,183
Barb FernandezVice PresidentFT$59,115$23,088$82,203

Board Members and Trustees

NameTitle
David VerinderPresident
William Tousey Left 2018Former Vice President
Kenneth GrecoVice President
Ben SpenceTrustee
David PattersonTrustee
Don HendersonTrustee
Josh De TillioTrustee
Larry AntonucciTrustee
William WoeltjenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$244,960,420
Investment Income
$14,861
Other Revenue
$0
Change in Net Assets
$1,723,552

Audited Revenue Reconciliation

Revenue per Audited Statements
$244,975,281
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$474,474
Total Revenue per Audited Statements
$245,449,755
Total Revenue per Form 990
$244,975,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,940,779
Salaries, Compensation, and Employee Benefits$24,231,833
Grants and Similar Amounts Paid$79,117
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,212,678--$18,212,678
Other Employee Benefits$3,915,831--$3,915,831
Depreciation Depletion$2,631,105--$2,631,105
Occupancy$2,331,782--$2,331,782
Payroll Taxes$1,529,619--$1,529,619
Other Expenses$1,019,965--$1,019,965
Interest$951,899--$951,899
Fees for Services Other$877,232--$877,232
Information Technology$742,109--$742,109
Office Expenses$581,354--$581,354
Pension Plan Contributions$573,705--$573,705
All Other Expenses$457,656--$457,656
Insurance$343,831--$343,831
Conferences and Meetings$119,123--$119,123
Travel$91,981--$91,981
Grants to Domestic Orgs$79,117--$79,117
Fees for Services Accounting$49,875--$49,875
Fees for Services Legal$39,295--$39,295
Advertising$6,265--$6,265
Total Functional Expenses$243,251,729$0$0$243,251,729

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$243,251,729
Total Expenses per Audited Statements$243,251,729
Total Expenses per Form 990$243,251,729
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Advance Payments - Members$4,000,000
Contribution in Aid of Construction$2,109,319
Mark to Market Valuation$80,332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section A, 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 alliance (cfha). The current membership includes smh, lmh and cfha, and elects 100% of the governing body of leesar, inc.

Form 990, Part VI, Section A, Line 7A

The supported organizations, lee memorial health system, sarasota memorial health care system and central florida health elect the board members of leesar, inc.

Form 990, Part VI, Section A, Line 7B

See part vi, section a, line 7a

Form 990, Part VI, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 12C

Employee compiance is monitored by supervisors and managers of the organization.

Form 990, Part VI, Section B, Line 15

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

Form 990, Part VI, Section C, Line 18

The organization makes its form 1023 and form 990 available upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Leesar Inc
EIN
26-3818222
Phone
2399398747
Address
2727 WINKLER AVENUE, FORT MYERS, FL 33901

Signing Officer

Name
J Robert Boswell
Title
President
Phone
2399398747
Signed
2018-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Robert Boswell
Formed
2008
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
611
Volunteers
0

Preparer

Firm
Bobbitt Pittenger & Company Pa
Address
1605 MAIN STREET SUITE 1010, SARASOTA, FL 34236
Preparer
Kimball R Bobbitt
Phone
9413664450
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in interest rate swap obligation 474,474.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Leesar has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no. 740"). Asc 740 requires that the impact of tax positions to 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's open audit periods are 2014-2017. Leesar has not recorded interest or penalties as management believes leesar has no uncertain tax positions at september 30, 2017 or 2016.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12FORMER CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13FORMER VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14FORMER VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01933
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt079117
IRS990/GrantsToDomesticOrgsGrp/TotalAmt079117
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02733
IRS990/GrossReceiptsAmt0244976081
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0742109
IRS990/InformationTechnologyGrp/TotalAmt0742109
IRS990/InsuranceGrp/ProgramServicesAmt0343831
IRS990/InsuranceGrp/TotalAmt0343831
IRS990/InterestGrp/ProgramServicesAmt0951899
IRS990/InterestGrp/TotalAmt0951899
IRS990/InventoriesForSaleOrUseGrp/BOYAmt013270292
IRS990/InventoriesForSaleOrUseGrp/EOYAmt016275583
IRS990/InvestmentIncomeGrp/ExclusionAmt012928
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012928
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016029066
IRS990/LandBldgEquipBasisNetGrp/BOYAmt040941868
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053915498
IRS990/LandBldgEquipCostOrOtherBssAmt069944564
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0800
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt023551500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022430658
IRS990/NetAssetsOrFundBalancesBOYAmt039658634
IRS990/NetAssetsOrFundBalancesEOYAmt041856660
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01933
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01933
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02331782
IRS990/OccupancyGrp/TotalAmt02331782
IRS990/OfficeExpensesGrp/ProgramServicesAmt0581354
IRS990/OfficeExpensesGrp/TotalAmt0581354
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01489677
IRS990/OtherAssetsTotalGrp/EOYAmt01183221
IRS990/OtherChangesInNetAssetsAmt0474474
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03915831
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03915831
IRS990/OtherExpensesGrp/Desc0COSTS OF GOODS SOLD
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FLEET EXPENSE
IRS990/OtherExpensesGrp/Desc3CONTRACT LABOR
IRS990/OtherExpensesGrp/ProgramServicesAmt0205803535
IRS990/OtherExpensesGrp/ProgramServicesAmt11612411
IRS990/OtherExpensesGrp/ProgramServicesAmt21281361
IRS990/OtherExpensesGrp/ProgramServicesAmt31019965
IRS990/OtherExpensesGrp/TotalAmt0205803535
IRS990/OtherExpensesGrp/TotalAmt11612411
IRS990/OtherExpensesGrp/TotalAmt21281361
IRS990/OtherExpensesGrp/TotalAmt31019965
IRS990/OtherLiabilitiesGrp/BOYAmt04554806
IRS990/OtherLiabilitiesGrp/EOYAmt06189651
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018212678
IRS990/OtherSalariesAndWagesGrp/TotalAmt018212678
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01529619
IRS990/PayrollTaxesGrp/TotalAmt01529619
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0573705
IRS990/PensionPlanContributionsGrp/TotalAmt0573705
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0883232
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01002045
IRS990/PrincipalOfficerNm0J ROBERT BOSWELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3561000
IRS990/ProgramServiceRevenueGrp/BusinessCd4561000
IRS990/ProgramServiceRevenueGrp/Desc0DISTRIBUTION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2PHARMACY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3STERILE PROCESSING
IRS990/ProgramServiceRevenueGrp/Desc4PACK OPERATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0195548827
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113881711
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211654920
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311135348
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410774207
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0195548827
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113881711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211654920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311135348
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410774207
IRS990/ProgSrvcAccomActy2Grp/Desc0PACK OPERATIONS/SUPPLY REPACKAGING
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010042883
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010774207
IRS990/ProgSrvcAccomActy3Grp/Desc0FOOD SERVICE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt013851711
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt013881711
IRS990/ProgSrvcAccomActyOtherGrp/Desc0STERILE PROCESSING, RECORDS RETENTION & COURIER SERVICE, AND PHARMACY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt025022498
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt079117
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt024755675
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt060882
IRS990/PYInvestmentIncomeAmt021032
IRS990/PYOtherExpensesAmt0206304532
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0230866975
IRS990/PYRevenuesLessExpensesAmt03257259
IRS990/PYSalariesCompEmpBnftPaidAmt021265334
IRS990/PYTotalExpensesAmt0227630748
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0230888007
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01723552
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0195548827
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt039658634
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt041856660
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014823464
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03902688
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PER ARTICLE II OF THE ORGANIZATION'S BY-LAWS - THE SPECIFIC PURPOSES OF THE CORPORATION ARE TO PROVIDE, THROUGH INTERGOVERNMENTAL COOPERATION, VARIOUS PROGRAMS AND SERVICES INCLUDING, WITHOUT LIMITATION, THE PURCHASING AND DISTRIBUTION OF MEDICAL AND OTHER SUPPLIES, CENTRALIZED RECORD RETENTION AND MANAGEMENT, PHARMACEUTICAL REPACKAGING, CUSTOM STERILE PACKS, COURIER SERVICE, AND FOOD SERVICE. BY BEING ABLE TO PROVIDE THESE SERVICES FOR THE SARASOTA MEMORIAL HEALTH CARE SYSTEM, A FLORIDA INDEPENDENT SPECIAL DISTRICT ("SMH"), THE LEE MEMORIAL HEALTH SYSTEM, A FLORIDA INDEPENDENT SPECIAL DISTRICT ("LMH"), AND SUCH OTHER GOVERNMENTAL ENTITIES AS MAY BE ADDED IN THE FUTURE (COLLECTIVELY, THE "GOVERNMENTAL ENTITIES"), THE CORPORATION SHALL ACHIEVE ECONOMIES OF SCALE THAT THE GOVERNMENTAL ENTITIES WOULD NOT BE ABLE TO ACHIEVE ON THEIR OWN, AND, AS A RESULT, THE CORPORATION WILL LESSEN THE BURDENS OF GOVERNMENT. IN ADDITION TO THE GOVERNMENTAL ENTITIES, THE CORPORATION MAY EXTEND SUCH PROGRAMS AND SERVICES TO ENTITIES WHICH QUALIFY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, ITEM 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0590714812
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1596012500
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2331197054
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd13
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd23
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LEE MEMORIAL HEALTH SYSTEM
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SARASOTA MEMORIAL HEALTH CARE SYSTEM
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2CENTRAL FLORIDA HEALTH
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt042676223
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04035566

Document Assets

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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