Profit

Medicare reimbursement rates are the same for non-profits as for-profits. Medicare sets standards and requires the same program components for all Medicare certified hospices. Hospice Care of Kansas exceeds the Medicare standards. All hospices have significant volunteer programs to benefit patients and families. All hospices offer bereavement programs for 12-18 months following the death of their loved one. All hospices have the same mission of providing care to individuals with life-limiting illnesses compassionate staff Both for-profit and non-profit hospices have compassionate staff with a calling Both for-profit and non-profit hospices serve unfunded and underfunded patients.

By Kim Hynes (WICHITA, Kan.) The INTRUST Bank Arena has made a profit since opening in January. The Sedgwick County Commission received its first financial update Wednesday. After hosting 19 events, the arena has profited $321,709. Those events attracted more than 93,000 people. The ticket sales generated $2.5 million. But Assistant County Manager Ron Holt told commissioners that arena manager SMG gets less than 10-percent of that income. He says the arena makes most of it's money from food and beverage sales along with premium seating.

(WICHITA, Kan.) It's a non-profit, but should it be? A group of private health clubs says Wichita's YMCA's should no longer get a tax break. The group put a half page ad in Sunday's Wichita Eagle. "This is strictly expense and doesn't include any capital," Greater Wichita Communications Director Shelly Conrady said of the ad's claims. Conrady references the 90 page federal tax document filled with numbers detailing the Wichita YMCA's outcome in 2007. Conrady says the IRS 990 is a 90 page document condensed to a half-page ad in the Wichita Eagle.

The young members of the College Hill Elementary Latchkey Club raised money for a non-profit this week. Kids spent the day in the heat, trying to reach their goal. Their goal was to raise $1,000 for the United Way. The students manned the lemonade stand from 9:30 a.m. until late afternoon. The heat probably helped their cool lemonade efforts. 

It made less than managers wanted, but INTRUST Bank Arena still made a profit in 2011, which officials said was a difficult year. The Sedgwick County Manager showed the numbers to county commissioners Wednesday morning. In 2011 the arena made $389,659. Last year the arena hosted 76 events with 99 performances, only 10 fewer performances than it hosted in 2010, its opening year. Arena officials said that 2011 was a challenging year for venues, and while they would have liked to see higher profits in 2011, the numbers were better than they could have been.

INTRUST Bank Arena pulled in $703,000 in profit in 2012. The arena gave Sedgwick County Commissioners a 4th quarter report on money Wednesday morning. The arena made $527,000 in the 4th quarter of 2012. The county will receive around $253,000 of the total money for 2012. Under contract, the first $450,000 in profit goes to SMG, the next $450,000 goes to the county. The previous year, the county didn't get any money from the arena because its profits were far less than $450,000.

by Cliff Judy (WICHITA, Kan.) Watching TV, playing video games, reading...teens were quick to say how they'd probably be spending their spring break if not for United Way's Youth Days of Caring. More than 200 area teenagers are spending their week off volunteering at dozens of agencies in Wichita. "A lot of people don't care," says Haven High School student Chris Downs, "but people who do care have fun doing stuff like this. " Downs and his Haven classmates spent Tuesday doing whatever was needed at the Wichita Habitat For Humanity's Restore, a home improvement store that raises money for the non-profit.

The cold and windy weather made for a slow start at Rainbows United's auction on Saturday. People huddled around tables to bid on thousands of items the non-profit sold.  Teaching toys and equipments that once sat in classrooms now sits outside Rainbows' former downtown Wichita building. Many people at Saturday's sale are familiar with the situation.   Eighteen months ago, Rainbows United filed for bankruptcy.  Last year, the non-profit restructured to save money, down-sizing from seven buildings to three.

The City of Wichita says the Hyatt Regency Hotel is paying off. Mayor Carl Brewer announced Wednesday morning that the city received a $150,000 profit sharing payment from the hotel. The city says this was the first of what's expected to be an annual profit-sharing check from the 15-year-old hotel.  Until now, city profits generated by the hotel were spent on maintaining and renovating the hotel. The city says since the hotel has been successful, it was determined the profits could be returned to the city's general fund and there would still be enough money generated to fund future renovations.

INTRUST Bank Arena pulled in $703,000 in profit in 2012. The arena gave Sedgwick County Commissioners a 4th quarter report on money Wednesday morning. The arena made $527,000 in the 4th quarter of 2012. The county will receive around $253,000 of the total money for 2012. Under contract, the first $450,000 in profit goes to SMG, the next $450,000 goes to the county. The previous year, the county didn't get any money from the arena because its profits were far less than $450,000.

Eyewitness News visited the City Life Cafe when it opened more than two years ago. The café is part of the Youth for Christ organization. It hires current and former gang members to work at the café and for the organization.  The goal is to make these servers productive citizens in a society scared to give them a second chance. This is all possible thanks to Sedgwick County. It helps fund Youth for Christ. This fiscal year the county will hand over $80,000. But the organization's leadership is going through some changes.

The young members of the College Hill Elementary Latchkey Club raised money for a non-profit this week. Kids spent the day in the heat, trying to reach their goal. Their goal was to raise $1,000 for the United Way. The students manned the lemonade stand from 9:30 a.m. until late afternoon. The heat probably helped their cool lemonade efforts. 

It was never a breeze for Phil Wylie to make his beloved Malt-O-Meal. "I was tired of taking it out, stirring it and putting it back in, taking it back out, stirring it," Wylie says.  "And I still ended up with lumps, and I don't like lumps in my Malt-O-Meal!" Then, this Wellington man came up with a solution. "I've had a number of engineers look at it and shake their head and say, who would have ever thought it would have been that easy?" Wylie says.

It made less than managers wanted, but INTRUST Bank Arena still made a profit in 2011, which officials said was a difficult year. The Sedgwick County Manager showed the numbers to county commissioners Wednesday morning. In 2011 the arena made $389,659. Last year the arena hosted 76 events with 99 performances, only 10 fewer performances than it hosted in 2010, its opening year. Arena officials said that 2011 was a challenging year for venues, and while they would have liked to see higher profits in 2011, the numbers were better than they could have been.

People come to the Kansas State Fair looking for fun.  But if they look in the right spot they'll find deals on furniture and other items for their homes that were built behind bars. Kansas prison inmates have been making items like this since the 1950s, but they could only be sold to goverment and non-profit organizations.  Now, the legislature has changed the law, making this stuff available to the general public. Kansas Correctional Industries director Brad Jurgensen says inmates in the program are less-likely to reoffend when they get out, because they've learned how to do honest work.  Meanwhile, he says customers get well-built products with the profits helping to fund the Department of Corrections.

Agape Resource Center in Newton held an event Saturday called Cans for Clothes. Agape is a food pantry, and a clothes closet for those in need.  But the non-profit was running out of money for food. As a way to fix the problem, Agape offered people clothes if they brought food for the pantry. Those who run the center are suprised to see what some are doing to help.  "A family came with a whole truck load of food.  But all they wanted was a dress for their daughter," says Agape Resource Center executive director, Ronald Robinson.  "They are here to help us feed people.

Sedgwick County received an oversized check from the INTRUST Bank Arena Wednesday. The arena manager presented a $1.1 million check to the county commission. The check represents the revenue the county earned during the arena's first year of operation. The county has a contract with SMG to manage the arena.  The contract allows SMG to keep the first $450,000 in profit. Sedgwick County gets the next $450,000. Once revenues reaches that point, profits are split with 60% going to the county and 40% going to SMG. If there is not a profit, SMG is required to cover the losses.

As the United Methodist Open Door Center closes for another day, the charity is hoping to soon close the door on a few of the the busiest years it's ever had. "It was much quicker than after 9-11 because it impacted so rapidly at that moment," explains Donna Volz. When the recession hit, she and volunteers at the charity's food center had to step up, but just recently, that's starting to change. "I was kind of stunned in January and February, I thought gosh, these numbers don't approach a year ago. " Open Door is now helping about 100 fewer families than it was this time last year.