June 22, 2024

John Knox Village is a non-profit that has raised over $100 million in municipal bonds through the Industrial Development Authority of Lee’s Summit.

Unfortunately, this non-profit acts more like a for-profit. CEO Dan Rexroth paid himself an exorbitant $931,583 in 2022. VP of Finance Richard Kockenga $517,901. VP of Senior Living Maria Timberlake $417,915. Mind you, John Knox only produces about $72 million in revenues. The CEO is making over 1% of revenues. This is outrageous. A for-profit wouldn’t even pay their CEO that much. In addition, management gets bonuses even when sales decline.

The City of Lee’s Summit should not allow John Knox to issue municipal bonds until its management team gets its salaries in alignment with industry standards.

Holmes Osborne
Lee’s Summit Business Owner