LAKEVIEW VILLAGE INC

EIN: 480689163 501(c)(3) Human Services

LENEXA, KS

Total Revenue
$54,307,462
Total Expenses
$52,328,812
Total Assets
$145,255,044
Net Assets
$13,150,852
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
KS
Principal Officer
ROBERT I CLAUSEN JR
Phone
9138881900
Tax Period
2023-01-01 to 2023-12-31

LAKEVIEW VILLAGE INC, founded in 1963, is a mid-sized nonprofit in the Human Services sector that reported $54.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $52.3M left a modest 4% surplus.

Mission

TO ENHANCE THE LIFE OF SENIORS THROUGH OFFERING HIGH QUALITY CARE, PROGRAMS AND AMENITIES IN ALL LEVELS OF CARE ON THEIR CAMPUS.

Program Service Accomplishments

Program 1
Expenses: $46,896,434 Revenue: $52,271,283

LAKEVIEW VILLAGE, INC. IS A CONTINUING CARE RETIREMENT COMMUNITY WHICH HAS 533 INDEPENDENT LIVING UNITS, 120 BED LONG TERM CARE SNF HEALTH CENTER, 38 BED SHORT TERM REHAB SNF, AND 26 BED ASSISTED...

Read more

LAKEVIEW VILLAGE, INC. IS A CONTINUING CARE RETIREMENT COMMUNITY WHICH HAS 533 INDEPENDENT LIVING UNITS, 120 BED LONG TERM CARE SNF HEALTH CENTER, 38 BED SHORT TERM REHAB SNF, AND 26 BED ASSISTED LIVING. ASIDE FROM THE LIVING AND CARE FACILITIES, THE CCRC PROVIDES ACTIVITIES TO ASSIST IN MAINTAINING THE RESIDENTS' SPIRTUAL AND MENTAL WELL-BEING. LAKEVIEW'S 120-BED HEALTH CENTER AND 38-BED SHORT-TERM REHAB SNF ARE MEDICARE AND MEDICAID CERTIFIED AND TAKE ADMISSIONS FROM BOTH INSIDE AND OUTSIDE OF THE LAKEVIEW COMMUNITY.THE ORGANIZATION PROVIDES CARE AND SERVICES TO RESIDENTS WHO CAN NO LONGER AFFORD THE FULL COST OF THEIR CARE THROUGH NO FAULT OF THEIR OWN. THIS MAY BE DUE TO LOSS OF A SPOUSE'S PENSION, EXTRAORDINARY MEDICAL COSTS, OR OTHER CIRCUMSTANCES. WHEN ASSISTANCE IS REQUESTED, A CONFIDENTIAL REVIEW OF THE RESIDENT'S ASSETS AND INCOME ARE COMPARED TO THEIR MONTHLY EXPENSES (INCLUDING LAKEVIEW FEES AND PERSONAL EXPENSES) AND THE AMOUNT OF ASSISTANCE IS DETERMINED BY MANAGEMENT. BECAUSE THE ORGANIZATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY FOR FINANCIAL ASSISTANCE, THEY ARE NOT REPORTED AS REVENUE.

Program 2
Expenses: $0 Revenue: $-224,000

THE CHARITY CARE LAKEVIEW PROVIDES ENABLES RESIDENTS TO REMAIN ON CAMPUS AND RECEIVE SERVICES THAT WOULD OTHERWISE BE PROVIDED BY THE GREATER COMMUNITY. IN THIS WAY, LAKEVIEW PARTNERS WITH THE...

Read more

THE CHARITY CARE LAKEVIEW PROVIDES ENABLES RESIDENTS TO REMAIN ON CAMPUS AND RECEIVE SERVICES THAT WOULD OTHERWISE BE PROVIDED BY THE GREATER COMMUNITY. IN THIS WAY, LAKEVIEW PARTNERS WITH THE COMMUNITY TO ASSURE RESIDENTS' NEEDS ARE MET WITHOUT BURDENING THE WIDER COMMUNITY WITH ADDITIONAL COSTS FOR THOSE SERVICES. ADDITIONALLY, RESIDENTS AND EMPLOYEES PROVIDE COMMUNITY BENEFIT THROUGH VOLUNTEERISM AND SUPPORT OF NUMEROUS COMMUNITY ACTIVITIES. THE ORGANIZATION HAS ESTIMATED ITS DIRECT AND INDIRECT COSTS OF PROVIDING CHARITY CARE UNDER ITS FINANCIAL ASSISTANCE POLICY. IN ORDER TO ESTIMATE THE COST OF PROVIDING SUCH CARE, MANAGEMENT HAS USED ACTUAL COSTS AND OPERATIONAL PROJECTIONS. USING THIS METHODOLOGY, THE ORGANIZATION HAS ESTIMATED THE COSTS FOREGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER THE ORGANIZATION'S FINANCIAL ASSISTANCE POLICY AGGREGATED APPROXIMATELY $224,000 AND $251,000 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,082,080
Program Service Revenue $52,130,354
Investment Income $723,336
Other Revenue $371,692
TOTAL REVENUE $54,307,462

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,131,007
Fundraising Expenses $0
Program Expenses $46,896,434
Other Expenses $21,197,805
TOTAL EXPENSES $52,328,812

Year-over-Year Comparison

2023 2022 Change
Revenue $54,307,462 $49,610,519 +0.1%
Expenses $52,328,812 $49,395,992 +0.1%
Net Income $1,978,650 $214,527 +8.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
790
Volunteers
597

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$898,427
Total Directors
10
$318,263
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT I CLAUSEN JR PRESIDENT/CEO 55.00
Officer Director
$281,373 $35,540 $316,913
JANA BEE TRIPLETT BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JAY KIMBROUGH VICE CHAIR/SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DALE WARMAN DIRECTOR 1.00
Director
$650 $0 $650
AMY KARLIN DIRECTOR 1.00
Director
$0 $0 $0
DAVE SHULL DIRECTOR 1.00
Director
$0 $0 $0
JILL BIESMA DIRECTOR 1.00
Director
$0 $0 $0
BOB WEST DIRECTOR 1.00
Director
$0 $0 $0
AMANDA STUKE DIRECTOR 1.00
Director
$700 $0 $700
LEWIS LOWERY III DIRECTOR (TERM ENDED JAN 2023) 1.00
Director
$0 $0 $0
PAM HERMON COO 55.00
Officer
$204,083 $25,041 $229,124
HEATH LEUCK CFO 55.00
Officer
$191,126 $9,000 $200,126
MECHELLE MOFFIT CHIEF HUMAN RESOURCES OFFICER 50.00
Officer
$143,997 $8,267 $152,264
JOYCE LELEI REGISTERED NURSE 68.00
Highest
$244,426 $22,931 $267,357
GODFREY NDEMAKI REGISTERED NURSE 71.00
Highest
$291,726 $21,820 $313,546
LYNN TENBRINK DIRECTOR OF MARKETING & SALES 40.00
Highest
$172,327 $7,159 $179,486
RICHARD TURLEY HCDOHS 40.00
Highest
$133,277 $22,571 $155,848
EDITH MWANGI CERTIFIED NURSING MED AIDE 40.00
Highest
$141,334 $10,329 $151,663
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $54,307,462 $52,328,812 $145,255,044 $1,978,650
2022 $49,610,519 $49,395,992 $136,348,513 $214,527
2021 $48,610,930 $47,548,316 $139,480,206 $1,062,614
2020 $49,070,478 $46,549,406 $137,708,063 $2,521,072
2019 $48,001,093 $44,727,912 $135,899,688 $3,273,181
2018 $45,091,378 $43,580,779 $130,821,941 $1,510,599
Explore More Nonprofits
Top 100 Nonprofits in Kansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKEVIEW VILLAGE INC with other nonprofits in Kansas and across the country.