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Filing year 2023

LAKE TECHNICAL COLLEGE INC

Eustis, Florida·EIN 20-0940772·NTEE B29 · Education·501(c)(3)
Total revenue
$22.1M
Total assets
$22.2M
Total expenses
$23.9M
Reported officers
12
Mission

TO MEET THE EDUCATIONAL NEEDS OF THE COMMUNITY BY OFFERING A VARIETY OF HIGH QUALITY VOCATIONAL AND TECHNICAL TRAINING OPPORTUNITIES FOR HIGH SCHOOL AND ADULT STUDENTS. THE COLLEGE IS A POST SECONDARY TECHNICAL COLLEGE.

Executive compensation, broken down

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 Education organizations in Florida.

Executive Director
75th to 90th percentile
$174k
$190k
Base
$136k
Bonus
Other
Benefits
$38k
Director of Curriculum & Instruction
Highest Compensated Employee
25th percentile to median
$145k
$159k
Director of Operations
25th percentile to median
$128k
$140k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKE TECHNICAL COLLEGE INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.7%
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.

Up 4%
from 2022

From $168k in 2022 to $174k in 2023.

$168k
2022
$174k
2023
In today's dollarsEst.
Down 1% in real terms$191k to $190k

Estimated with BLS CPI-U for the South 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 4% from 2022 to 2023, while revenue rose 50%.

$168k in 2022 to $174k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 TECHNICAL COLLEGE INC

What does the Chief Executive Officer of LAKE TECHNICAL COLLEGE INC earn?

In 2023, the Chief Executive Officer of LAKE TECHNICAL COLLEGE INC received $173,765 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKE TECHNICAL COLLEGE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Florida, the 2023 pay of the Chief Executive Officer at LAKE TECHNICAL COLLEGE INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at LAKE TECHNICAL COLLEGE INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are LAKE TECHNICAL COLLEGE INC's revenue and expenses?

In 2023, LAKE TECHNICAL COLLEGE INC reported $22.1M in total revenue and $23.9M in total expenses on its IRS Form 990.

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