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Filing year 2024

LAKESHORE COMMUNITY FOUNDATION INC

Manitowoc, Wisconsin·EIN 27-0978059·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$16.8M
Total assets
$115.6M
Total expenses
$2M
Reported officers
10
Mission

MISSION STATEMENT: TO GATHER, GROW, AND GIVE ENDOWED CHARITABLE FINANCIAL RESOURCES TO BUILD STRONGER, MORE VIBRANT COMMUNITIES NOW AND INTO THE FUTURE.VALUE STATEMENT:WE ARE COMMITTED TO MANAGING OUR CLIENTS' PHILANTHROPIC ENDOWMENTS IN PERPETUITY, WITH A FOCUS ON MINIMIZING COSTS AND FEES TO MAXIMIZE THEIR IMPACT ON THE GRANTEES THEY CARE ABOUT MOST. OUR PRIORITY REMAINS SOLELY ON SUPPORTING OUR CLIENTS' CHARITABLE GOALS, THEREBY STRENGTHENING OUR COMMUNITIES THROUGHOUT THE LAKESHORE AREA AND BEYOND.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin.

Chief Executive Officer
Median to 75th percentile
$149k
$161k

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 9 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LAKESHORE COMMUNITY FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 23%
from 2023

From $122k in 2023 to $149k in 2024.

$122k
2023
$149k
2024
In today's dollarsEst.
Up 20% in real terms$134k to $161k

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 23% from 2023 to 2024, while revenue rose 23%.

$122k in 2023 to $149k in 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 LAKESHORE COMMUNITY FOUNDATION INC

What does the Chief Executive Officer of LAKESHORE COMMUNITY FOUNDATION INC earn?

In 2024, the Chief Executive Officer of LAKESHORE COMMUNITY FOUNDATION INC received $149,350 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAKESHORE COMMUNITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at LAKESHORE COMMUNITY FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at LAKESHORE COMMUNITY FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LAKESHORE COMMUNITY FOUNDATION INC's revenue and expenses?

In 2024, LAKESHORE COMMUNITY FOUNDATION INC reported $16.8M in total revenue and $2M in total expenses on its IRS Form 990.

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