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Filing year 2024

LAKE AREA TECHNICAL COLLEGE FOUNDATION

Watertown, South Dakota·EIN 36-3860861·NTEE B82 · Education·501(c)(3)
Total revenue
$4.5M
Total assets
$11.4M
Total expenses
$6.5M
Reported officers
20
Mission

THE ORGANIZATIONS PRIMARY PURPOSE IS TO BUILD A BETTER LAKE AREA TECHNICAL COLLEGE.

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE AREA TECHNICAL COLLEGE FOUNDATION reported 20 unpaid officers and board members on its 990.

Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Ex-officio Member
Executive Director
President

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

LAKE AREA TECHNICAL COLLEGE FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$4.6M
$7.7M
2022
$2M
$16M
2023
$4.5M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in South Dakota

LAKE AREA TECHNICAL COLLEGE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in South Dakota earns a median of $62,840.

25th percentile
$25k
Median
$62,840
75th percentile
$148k
90th percentile
$239k

These are education sector-wide figures, not this organization's reported pay. Based on 76 organizations across 76 filings (2022 – 2024).

See full Education pay data for South Dakota
FAQ

Common questions about LAKE AREA TECHNICAL COLLEGE FOUNDATION

What are LAKE AREA TECHNICAL COLLEGE FOUNDATION's revenue and expenses?

In 2024, LAKE AREA TECHNICAL COLLEGE FOUNDATION reported $4.5M in total revenue and $6.5M in total expenses on its IRS Form 990.

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