Leesar Inc
- Assets
- $116.5m
- Revenue
- $299.7m
- Investments
- $0.0
- Employees
- 548
- Location
- Fort Myers, FL
- Founding
- 05/2009
- Data as of
- 09/2022
- EIN
- 26-3818222
Organization Overview
Leesar Inc is located in Fort Myers, FL. The organization was established in 2009. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2022, Leesar Inc employed 548 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leesar Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Leesar Inc generated $299.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $297.2m during the year ending 09/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE & DISTRIBUTION OF MEDICAL & OTHER SUPPLIES
PACK OPERATIONS, STERILE PROCESSING, RECORDS RETENTION & COURIER SERVICE, AND EMERGENCY SERVICES.
NUCLEAR PHARMACY, PHARMACEUTICAL SERVICES & CENTRALIZED PHARMACY
FOOD SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Woeltjen Treasurer | OfficerTrustee | 1 | $0 |
David Verinder Chairman | OfficerTrustee | 1 | $0 |
David Patterson Trustee | Trustee | 1 | $0 |
Larry Antonucci Vice Chairman | OfficerTrustee | 1 | $0 |
Ben Spence Secretary | OfficerTrustee | 1 | $0 |
Tedd Comerford Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $299,494,985 |
| Investment income | $10,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,672,889 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,073,910 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,935,224 |
| Pension plan accruals and contributions | $529,908 |
| Other employee benefits | $2,399,703 |
| Payroll taxes | $1,164,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,319 |
| Fees for services: Accounting | $57,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $649,786 |
| Advertising and promotion | $0 |
| Office expenses | $600,612 |
| Information technology | $1,006,624 |
| Royalties | $0 |
| Occupancy | $3,648,253 |
| Travel | $20,110 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,462 |
| Interest | $644,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,767,809 |
| Insurance | $809,498 |
| All other expenses | $300,041 |
| Total functional expenses | $297,156,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,079 |
| Savings and temporary cash investments | $15,597,082 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,070,424 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,104,307 |
| Prepaid expenses and deferred charges | $1,291,075 |
| Net Land, buildings, and equipment | $54,201,873 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $991,290 |
| Total assets | $116,532,130 |
| Accounts payable and accrued expenses | $31,265,662 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,000,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,327,693 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,323,720 |
| Total liabilities | $57,917,075 |
| Net assets without donor restrictions | $58,615,055 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $116,532,130 |
Grants Awarded
Over the last fiscal year, Leesar Inc has awarded $20,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JMC FOUNDATION PURPOSE: VARIOUS NEEDS FOR MEDICAL CENTER | $5,000 |
SM HEALTHCARE FOUNDATION PURPOSE: VARIOUS NEEDS FOR MEDICAL CENTER | $5,000 |
THE VILLAGES REGIONAL PURPOSE: VARIOUS NEEDS FOR MEDICAL CENTER | $2,500 |
SW FL COUNCIL (BOY SCOUTS) PURPOSE: VARIOUS NEEDS FOR YOUTH | $2,500 |
LEE MEMORIAL HEALTH SYSTEM PURPOSE: VARIOUS NEED FOR HEALTH SYSTEM | $5,000 |