Nonprofit · EIN 23-7100515
LAKE LAND COLLEGE FOUNDATION INC
Tax-exempt · MATTOON, IL 61938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,233,955 | $1,584,711 | $649,244 | $19,472,255 | $510,592 | $18,961,663 |
| June 30, 2024 | 990 | $1,673,676 | $1,778,105 | -$104,429 | $18,008,235 | $394,355 | $17,613,880 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,294,023
- Program service revenue
- $0
- Investment income
- $729,036
- Net rental income
- $38,105
- Net gain from sales of assets
- $360,028
- Other revenue
- $210,896
Expenses
- Grants and similar amounts paid
- $750,252
- Other salaries and wages
- $267,195
- Salaries, compensation and benefits (total)
- $267,195
- Professional fundraising fees
- $0
- Accounting fees
- $15,700
- Occupancy
- $7,927
- Travel
- $5,597
- Depreciation
- $17,912
- Program services (functional)
- $1,014,982
- Management and general (functional)
- $404,223
- Fundraising (functional)
- $165,506
Balance sheet and other
- Total assets, start of year
- $18,008,235
- Total assets, end of year
- $19,472,255
- Total liabilities, end of year
- $510,592
- Net assets, end of year
- $18,961,663
- Land, buildings and equipment
- $3,022,749
- Publicly traded securities
- $16,156,452
- Net assets without donor restrictions
- $2,163,554
- Net assets with donor restrictions
- $16,798,109
- Gross receipts
- $2,498,927
- Employees
- 0
- Volunteers
- 83
- Year formed
- 1970
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTI DONSBACH | EXECUTIVE DIRECTOR Officer | 40 | $102,562 | $30,891 |
| MADGE SHOOT | TREASURER Officer | 2 | $113,016 | $12,696 |
| LARRY BLACKERBY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS WHITE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| AMANDA MARTIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MEG YARGUS STEWARD | FINANCE & INVESTMENT CHAIR Trustee or director | 1 | $0 | $0 |
| KATHLEEN ANDERSON | DONOR RELATIONS COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| LINDA VON BEHREN | BOARD DEVELOPMENT CHAIR Trustee or director | 1 | $0 | $0 |
| RICHARD HARTKE | PAST PRESIDENT Trustee or director | 1 | $0 | $0 |
| ANGELA DYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AUSTIN FRANK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBRA SANDERCOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLIE EASTHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT PAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUDY HUBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYLER MICENHEIMER | DIRECTOR Trustee or director | 1 | $0 |
| AMY SHAFER | DIRECTOR Trustee or director | 1 | $0 |
| GARY PHILIPPI | DIRECTOR Trustee or director | 1 | $0 |
| LAYNA BOND | DIRECTOR Trustee or director | 1 | $0 |
| TERRY MCCONNELL | DIRECTOR Trustee or director | 1 | $0 |
| DENISE BENCE | DIRECTOR - TERM ENDED 10/24 Trustee or director | 1 | $0 |
| BLAKE PIERCE | DIRECTOR - TERM ENDED 10/24 Trustee or director | 1 | $0 |
| KURTIS RANKIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTI DONSBACH | EXECUTIVE DIRECTOR Officer | 40 | $0 | $102,562 | $28,189 |
| MADGE SHOOT | TREASURER Officer | 2 | $0 | $107,477 | $11,590 |
| AMANDA MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANGELA DYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| AUSTIN FRANK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BLAKE PIERCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEACON PATIENT | PAST PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA SANDERCOCK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DENISE BENCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KELLIE EASTHAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY BLACKERBY | DONOR RELATIONS COMM CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| LINDA VON BEHREN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEG YARGUS STEWARD | FINANCE & INVESTMENT CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| MICAH DICKENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RENEE HUCKSTEAD | VICE PRES, BOARD DEV CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD HARTKE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT PAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RUDY HUBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS WHITE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TYLER MICENHEIMER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5001 LAKE LAND BLVD, MATTOON, IL 61938-9366
- Principal officer (990 for 2024)
- CHRISTINA DONSBACH, 5001 LAKE LAND BLVD, MATTOON, IL 61938
- Signed the 990
- CHRISTINA DONSBACH, EXECUTIVE DIRECTOR
- Phone
- (217) 234-5363
- Website
- LAKELANDCOLLEGE.EDU
- Return prepared by
- MH CPA PLLC
Mission
LAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATION OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES, AND CORPORATIONS.
Program accomplishments
- THE LAKE LAND COLLEGE FOUNDATION WAS ORGANIZED AND OPERATES EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES DESIGNED TO PROMOTE THE WELFARE OF LAKE LAND COLLEGE, MATTOON, ILLINOIS, AND ITS STUDENTS. THE MAJOR THRUST OF THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO LAKE LAND COLLEGE STUDENTS. DURING THE PAST YEAR, THROUGH THE GENEROUS DONATIONS OF AREA INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS, THE FOUNDATION AWARDED $750,252 IN SCHOLARSHIPS TO OVER 600 DESERVING STUDENTS. THESE SCHOLARSHIPS VARY IN AMOUNTS AWARDED AND CRITERIA. FIRST ACCOMPLISHMENT FOR AWARDING IS BASED ON THE DONOR'S WISHES AND/OR GUIDELINES ESTABLISHED BY THE LAKE LAND COLLEGE FOUNDATION BOARD OF DIRECTORS. DONORS WHO REACH A SPECIFIED LEVEL OF LIFETIME GIVING ARE RECOGNIZED ON AN ANNUAL BASIS AND ALSO HAVE THE OPPORTUNITY TO MEET THEIR SCHOLARSHIP RECIPIENT(S) AT AN ANNUAL RECEPTION.DONORS REPRESENT A DIVERSE BACKGROUND FROM THE 4,000 SQUARE MILE DISTRICT. MANY DONORS HAVE BEEN DEDICATED TO HELPING STUDENTS FOR MORE THAN TWO DECADES. THEY BELIEVE IN THE COMMUNITY COLLEGE AND ARE COMMITTED TO ENSURING THAT THE REGION HAS A TRAINED WORKFORCE TO MEET THE NEEDS OF LOCAL BUSINESS AND INDUSTRY. DONORS ARE ALSO EXPANDING THEIR SUPPORT BY PROVIDING ADDITIONAL RESOURCES FOR THE UNMET FINANCIAL NEEDS OF THE COLLEGE DUE TO DECLINING STATE SUPPORT AND A SLUGGISH LOCAL PROPERTY TAX BASE.Expenses $1,014,982 · grants $750,252
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7100515
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41I)
- Assets (IRS master file)
- $19,472,255
- Income (IRS master file)
- $2,498,927
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,233,955 | $1,584,711 | $19,472,255 | XML |
| 990 | June 2024 | $1,673,676 | $1,778,105 | $18,008,235 | XML |
| 990 | June 2023 | $3,437,842 | $2,838,915 | $17,342,249 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7100515).
Questions about LAKE LAND COLLEGE FOUNDATION INC
- What is the EIN of LAKE LAND COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of LAKE LAND COLLEGE FOUNDATION INC is 23-7100515.
- Is LAKE LAND COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to LAKE LAND COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE LAND COLLEGE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE LAND COLLEGE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE LAND COLLEGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE LAND COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names CHRISTINA DONSBACH.
- Who are the officers and directors of LAKE LAND COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 2 received compensation from the organization, the highest $102,562 (CHRISTI DONSBACH, EXECUTIVE DIRECTOR).
- How much revenue does LAKE LAND COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,233,955, expenses of $1,584,711 and total assets of $19,472,255 at year end.
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