THE MISSION OF THE LAKE MICHIGAN COLLEGE FOUNDATION IS TO RAISE FUNDS IN SUPPORT OF LAKE MICHIGAN COLLEGE AND ITS STUDENTS. THE LAKE MICHIGAN COLLEGE FOUNDATION IS THE MAIN FUND-RAISING ORGANIZATION OF LAKE MICHIGAN COLLEGE FOR THE SOLICITATION, RECEIPT AND MANAGEMENT OF ALL PRIVATE GIFTS.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Director/college President Board President Above 90th percentile | $128k $142k |
Treasurer/college CFO Median to 75th percentile | $107k $118k |
Secretary Officer (Unspecified) | $83k $91k |
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 27 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 81%
from 2022
From $71k in 2022 to $128k in 2023.
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.
Board President pay rose 81% from 2022 to 2023, while revenue rose 198%.
- Chief Financial Officer pay rose 88% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
LAKE MICHIGAN COLLEGE FOUNDATION reported revenue and expenses across 2 filing years.
Common questions about LAKE MICHIGAN COLLEGE FOUNDATION
What does the Board President of LAKE MICHIGAN COLLEGE FOUNDATION earn?
In 2023, the Board President of LAKE MICHIGAN COLLEGE FOUNDATION received $128,155 in total compensation. This pay is in the top 10% for Board President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at LAKE MICHIGAN COLLEGE FOUNDATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board President at LAKE MICHIGAN COLLEGE FOUNDATION falls in the top 10%.
What are LAKE MICHIGAN COLLEGE FOUNDATION's revenue and expenses?
In 2023, LAKE MICHIGAN COLLEGE FOUNDATION reported $4.9M in total revenue and $1.5M in total expenses on its IRS Form 990.
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