Olathe Health System Inc
- Assets
- $643.7m
- Revenue
- $7.9m
- Investments
- $62.5k
- Employees
- 12
- Location
- Olathe, KS
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 48-0979845
Organization Overview
Olathe Health System Inc is located in Olathe, KS. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Olathe Health System Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olathe Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OLATHE HEALTH SYSTEM, INC. WAS ESTABLISHED TO GOVERN, MANAGE AND PROVIDE SUPPORT SERVICES TO OLATHE MEDICAL CENTER, INC., OLATHE HEALTH PHYSICIANS, INC. - CONT'D ON SCH O
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERN, MANAGE AND PROVIDE SUPPORT SERVICES TO OLATHE MEDICAL CENTER, INC., OLATHE HEALTH PHYSICIANS, INC. AND MIAMI COUNTY MEDICAL CENTER, INC. WHICH ARE 501(C)(3) ORGANIZATIONS WHO PROVIDE HOSPITAL AND PHYSCIAN SERVICES TO CITIZENS OF THE COMMUNITIES THEY SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Holm President/ceo | Officer | 25 | $1,399,665 |
Jason Hannagan Chief Legal Counsel | Officer | 25 | $1,207,630 |
Krystal Claymore Chief Financial Officer | Officer | 25 | $1,151,323 |
Greg Westbrook Chief Human Resource Officer | Officer | 25 | $1,045,587 |
Jeff Dossett Chief Operations Officer | Officer | 25 | $927,927 |
Christine Courtney Chief Nursing Officer | Officer | 20 | $816,313 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jay Hodge Associates Llc Consulting | 12/30/22 | $197,455 |
Chancellor Consulting Group Consulting | 12/30/22 | $159,347 |
Solara Surgical Partners Llc Consulting | 12/30/22 | $150,000 |
Juniper Advisory Llc Consulting | 12/30/22 | $130,574 |
K Stewart Consulting Llc Consulting | 12/30/22 | $130,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $48,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,896,915 |
| Statement of Expenses | |
|---|---|
| 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. | $4,373,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,311,671 |
| Pension plan accruals and contributions | $436,099 |
| Other employee benefits | $268,968 |
| Payroll taxes | $298,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $988,211 |
| Advertising and promotion | $0 |
| Office expenses | $47,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,883 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,570 |
| All other expenses | $0 |
| Total functional expenses | $7,848,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,712 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $100,353 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $62,544 |
| Investments—program-related | $642,491,823 |
| Intangible assets | $0 |
| Other assets | $1,065,184 |
| Total assets | $643,732,616 |
| Accounts payable and accrued expenses | $1,541,931 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,541,931 |
| Net assets without donor restrictions | $641,269,390 |
| Net assets with donor restrictions | $921,295 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $642,190,685 |