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Filing year 2024

LAKE LAND COLLEGE FOUNDATION

Mattoon, Illinois·EIN 23-7100515·NTEE B41I · Education·501(c)(3)
Total revenue
$2.2M
Total assets
$19.5M
Total expenses
$1.6M
Reported officers
23
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.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

Executive Director
Median to 75th percentile
$133k
$144k
Treasurer
25th percentile to median
$126k
$135k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LAKE LAND COLLEGE FOUNDATION equaled 8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Top compensation, year by year

From $28k in 2023 to $133k in 2024.

$28k
2023
$133k
2024
In today's dollarsEst.
Up 361% in real terms$31k to $144k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 373% from 2023 to 2024, while revenue rose 33%.

$28k in 2023 to $133k in 2024.
  • Chief Financial Officer pay rose 985% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAKE LAND COLLEGE FOUNDATION

What does the Chief Executive Officer of LAKE LAND COLLEGE FOUNDATION earn?

In 2024, the Chief Executive Officer of LAKE LAND COLLEGE FOUNDATION received $133,453 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKE LAND COLLEGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Chief Executive Officer at LAKE LAND COLLEGE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at LAKE LAND COLLEGE FOUNDATION equaled 8% of the organization's total expenses. The median for education organizations is 7%.

What are LAKE LAND COLLEGE FOUNDATION's revenue and expenses?

In 2024, LAKE LAND COLLEGE FOUNDATION reported $2.2M in total revenue and $1.6M in total expenses on its IRS Form 990.

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