Starkey Incorporated
- Assets
- $24.9m
- Revenue
- $20.7m
- Investments
- $2.2m
- Employees
- 501
- Location
- Wichita, KS
- Founding
- 09/1957
- Data as of
- 06/2022
- EIN
- 48-0630180
Organization Overview
Starkey Incorporated is located in Wichita, KS. The organization was established in 1957. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Starkey Incorporated employed 501 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Starkey Incorporated 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 06/2022, Starkey Incorporated generated $20.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $21.5m during the year ending 06/2022. While expenses have increased by 2.2% 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
STARKEY NURTURES DEVELOPMENT AND PROMOTES INDEPENDENCE OF PEOPLE WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY SERVICES: PROVIDE SUPPORT TO ENABLE INDIVIDUALS WITH INTELLECTUAL DISABILITIES TO PARTICIPATE IN WORK ACTIVITY, SUPPORTED EMPLOYMENT, LIFE ENRICHMENT, AND DAY HABITATION.
TRANSPORTATION: TRANSPORTATION PROVIDED FOR INDIVIDUALS. EXPENSES INCLUDING GRANTS OF REVENUE
ADULT COMMUNITY LIVING SERVICES: PROVIDES SUPPORT TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES TO LIVE AS INDEPENDENT AS THEY CAN IN SUPERVISED LIVING AND SUPPORTED INDEPENDENT LIVING.
SERVICE COORDINATION: PROVIDES CASE MANAGEMENT FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES; ADULTS, CHILDREN AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Mckenney CEO | Officer | 50 | $167,454 |
Don Wiesner CFO | Officer | 50 | $98,292 |
Kristina Macy COO | Officer | 50 | $96,069 |
William Dakan Director | Trustee | 1 | $0 |
Michael Dehass Secretary | OfficerTrustee | 2 | $0 |
Helen Enns Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $424,331 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,570 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $656,901 |
| Total Program Service Revenue | $19,791,966 |
| Investment income | $142,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,454 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,689,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $381,361 |
| Compensation of current officers, directors, key employees. | $381,361 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,478,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,586,881 |
| Payroll taxes | $0 |
| Fees for services: Management | $9,552 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,788 |
| Fees for services: Other | $120,737 |
| Advertising and promotion | $45,455 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $696,840 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,337 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $962,955 |
| Insurance | $370,256 |
| All other expenses | $84,012 |
| Total functional expenses | $21,503,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,172,331 |
| Pledges and grants receivable | $446,775 |
| Accounts receivable, net | $1,891,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,278 |
| Prepaid expenses and deferred charges | $236,171 |
| Net Land, buildings, and equipment | $12,940,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,163,751 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,001,111 |
| Total assets | $24,888,057 |
| Accounts payable and accrued expenses | $1,747,806 |
| Grants payable | $0 |
| Deferred revenue | $631 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,748,437 |
| Net assets without donor restrictions | $22,011,487 |
| Net assets with donor restrictions | $1,128,133 |
| 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 | $24,888,057 |