Nonprofit · EIN 37-0661227
LINCOLN UNIVERSITY
Tax-exempt · LINCOLN, IL 62656
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,499,772 | $3,503,896 | -$2,004,124 | $36,321,588 | $1,523,443 | $34,798,145 |
| June 30, 2024 | 990 | $711,723 | $3,720,268 | -$3,008,545 | $38,222,890 | $1,584,471 | $36,638,419 |
| June 30, 2023 | 990 | $2,503,275 | $6,005,480 | -$3,502,205 | $39,521,856 | $1,469,270 | $38,052,586 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $22,581
- Program service revenue
- $0
- Investment income
- $1,332,320
- Net rental income
- $141,121
- Net gain from sales of assets
- $1,173,535
- Other revenue
- $144,871
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $202,551
- Other salaries and wages
- $227,472
- Salaries, compensation and benefits (total)
- $475,987
- Professional fundraising fees
- $0
- Legal fees
- $180,982
- Accounting fees
- $5,000
- Occupancy
- $806,658
- Depreciation
- $950,307
- Program services (functional)
- $339,578
- Management and general (functional)
- $3,164,318
Balance sheet and other
- Total assets, start of year
- $38,222,890
- Total assets, end of year
- $36,321,588
- Total liabilities, end of year
- $1,523,443
- Net assets, end of year
- $34,798,145
- Land, buildings and equipment
- $24,137,823
- Publicly traded securities
- $10,121,303
- Net assets without donor restrictions
- $20,072,592
- Net assets with donor restrictions
- $14,725,553
- Gross receipts
- $5,573,970
- Employees
- 14
- Volunteers
- 40
- Year formed
- 1865
- 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 |
|---|---|---|---|---|
| TIFFANY WORTH | V.P. FOR FINANCE Officer | 50 | $178,495 | $847 |
| DAVID M GERLACH PHD | PRESIDENT (DEC'D 3/29/25) Officer | 50 | $50,234 | $255 |
| A PATRICK DOOLIN | CHAIR Trustee or director, Officer | 8 | $0 | $0 |
| JUDITH B MORLEY | VICE-CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| DOLAN DALPOAS | SECOND VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LEE E KOMNICK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN D BLACKBURN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| REED G EBERLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENNIS G FRARY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARA FREITAG TERM 13125 | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL GEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC D GRAUE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRETA GRIBKOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHRYN M HARRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN R HOBLIT | TRUSTEE Trustee or director | 1 | $0 |
| DONALD R LUDWIG | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT F NEAL | TRUSTEE Trustee or director | 1 | $0 |
| LYNN M PAULUS | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTINE A SHORT | TRUSTEE (TERM 12/31/24) Trustee or director | 1 | $0 |
| PHILLIP W STYLES | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY SWALLOW | TRUSTEE Trustee or director | 1 | $0 |
| BONNIE THOMPSON | TRUSTEE Trustee or director | 1 | $0 |
| AMIR JOHN WAHAB MD | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY T WALKER DDS MS | TRUSTEE Trustee or director | 1 | $0 |
| MATTHEW T WISSA | TRUSTEE Trustee or director | 1 | $0 |
| DAVID B ZWANZIG | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIFFANY WORTH | V.P. FOR FINANCE Officer | 50 | $136,953 | $761 |
| DAVID M GERLACH PHD | PRESIDENT Officer | 50 | $50,667 | $761 |
| A PATRICK DOOLIN | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| JUDITH B MORLEY | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DOLAN DALPOAS | SECOND VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LEE E KOMNICK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN D BLACKBURN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| REED G EBERLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENNIS G FRARY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARA FREITAG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL GEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES R GLENN | TRUSTEE (TERM 8/31/23) Trustee or director | 1 | $0 | $0 |
| ERIC D GRAUE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRETA GRIBKOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHRYN M HARRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN R HOBLIT | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DONALD R LUDWIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT F NEAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNN M PAULUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTINE A SHORT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALICIA SPARKS | TRUSTEE (TERM 8/31/23) Trustee or director | 1 | $0 | $0 |
| PHILLIP W STYLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY SWALLOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BONNIE THOMPSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMIR JOHN WAHAB MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY T WALKER DDS MS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATTHEW T WISSA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID B ZWANZIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID M GERLACH PHD | PRESIDENT Officer | 50 | $336,483 | $10,475 |
| DONNA BRADLEY | V.P. FOR ACADEMIC AFFAIRS Highest-paid employee | 50 | $128,831 | $5,575 |
| TIFFANY WORTH | V.P. FOR FINANCE Officer | 50 | $116,877 | $8,475 |
| DEBBIE ACKERMAN | V.P. INSTITUTIONAL ADV Highest-paid employee | 50 | $115,249 | $6,278 |
| SUSAN BOEHLER | V.P. ENROLLMENT Highest-paid employee | 50 | $103,106 | $5,633 |
| A PATRICK DOOLIN | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| JUDITH B MORLEY | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DOLAN DALPOAS | SECOND VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LEE E KOMNICK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN D BLACKBURN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| REED G EBERLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DENNIS G FRARY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARA FREITAG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL GEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES R GLENN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC D GRAUE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRETA GRIBKOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHRYN M HARRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN R HOBLIT | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DONALD R LUDWIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT F NEAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNN M PAULUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTINE A SHORT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALICIA SPARKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILLIP W STYLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY SWALLOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BONNIE THOMPSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMIR JOHN WAHAB MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY T WALKER DDS MS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATTHEW T WISSA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID B ZWANZIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 247, LINCOLN, IL 62656-0247
- Principal officer (990 for 2024)
- JOHN D BLACKBURN, 300 KEOKUK STREET PO BOX 247, LINCOLN, IL 62656
- Signed the 990
- TIFFANY WORTH, VP OF FINANCE
- Phone
- (217) 732-3155
- Website
- WWW.LINCOLNCOLLEGE.EDU
- Return prepared by
- SIKICH LLC
Mission
LINCOLN COLLEGE UNIQUELY EMPOWERS STUDENTS TO REALIZE THEIR FULL POTENTIAL
Program accomplishments
- LINCOLN COLLEGE - OPERATED AS A COLLEGE LEVEL ACADEMIC PROGRAM THROUGH MAY 13, 2022 WHEN THE BOARD OF TRUSTEES VOTED TO CEASE ALL ACADEMIC PROGRAMMING. EVEN THOUGH THE COLLEGE HAS CEASED TEACHING OPERATIONS, IT IS STILL IN THE PROCESS OF WINDING UP ITS OPERATIONS AND CARRYING OUT EDUCATIONAL-RELATED FUNCTIONS (SUCH AS TRANSITIONING STUDENTS TO OTHER COLLEGES, OPERATING THE LINCOLN HERITAGE MUSEUM WITH FREQUENT EDUCATIONAL PROGRAMS, SAFEGUARDING COLLEGE PROPERTY AND ENDOWMENT WITH THE GOAL OF TRANSFERRING IT TO ANOTHER EDUCATIONAL OR NOT-FOR-PROFIT ENTITY, ETC.). THE MUSEUM CONTINUES TO OPERATE ON A DAILY BASIS PROVIDING EDUCATIONAL OPPORTUNITIES FOR THE LOCAL SCHOOL DISTRICTS AND DAILY TOURS TO THE COMMUNITY.Expenses $339,578 · revenue $3,750
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
- 37-0661227
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B410)
- Assets (IRS master file)
- $36,321,588
- Income (IRS master file)
- $5,573,970
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,499,772 | $3,503,896 | $36,321,588 | XML |
| 990 | June 2024 | $711,723 | $3,720,268 | $38,222,890 | XML |
| 990 | June 2023 | $2,503,275 | $6,005,480 | $39,521,856 | XML |
| 990 | June 2022 | $34,705,793 | $28,865,563 | $46,067,890 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 37-0661227).
Questions about LINCOLN UNIVERSITY
- What is the EIN of LINCOLN UNIVERSITY?
- The employer identification number (EIN) of LINCOLN UNIVERSITY is 37-0661227.
- Is LINCOLN UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to LINCOLN UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LINCOLN UNIVERSITY 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 LINCOLN UNIVERSITY 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 LINCOLN UNIVERSITY 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 LINCOLN UNIVERSITY?
- The 990 for the year ended June 30, 2025 names JOHN D BLACKBURN.
- Who are the officers and directors of LINCOLN UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 27 people; 2 received compensation from the organization, the highest $178,495 (TIFFANY WORTH, V.P. FOR FINANCE).
- How much revenue does LINCOLN UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,499,772, expenses of $3,503,896 and total assets of $36,321,588 at year end.
Other nonprofits in LINCOLN
- LINCOLN CHRISTIAN UNIVERSITY EIN 37-0711798 · last filed 990 for 2025
- RON AND JOAN RITCHHART FOUNDATION EIN 93-4074536 · last filed 990-PF for 2025
- ILLINOIS ASSOCIATION OF TEACHERS OF ENGLISH EIN 23-7121215 · last filed 990-N for 2024
- LINCOLN ELEMENTARY SCHOOL DISTRICT 27 FOUNDATION EIN 87-2575147 · last filed 990-N for 2024
- CENTRAL ILLINOIS CARPENTERS HEALTH & WELFARE TRUST FUND EIN 37-1117215 · last filed 990 for 2025
- ST CLARAS MANOR EIN 26-3430115 · last filed 990 for 2025
- COMMUNITY ACTION PARTNERSHIP OF CENTRAL ILLINOIS INC EIN 37-0895679 · last filed 990 for 2025
- CENTRAL ILLINOIS SERVICE ACCESS INC EIN 36-3653919 · last filed 990 for 2025