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Filing year 2023

LMC FOUNDATION

Groesbeck, Texas·EIN 20-5067883·NTEE P20 · Human Services·501(c)(3)
Total revenue
$168k
Total assets
$1.7M
Total expenses
$121k
Reported officers
9

Reported officers (all unpaid)

No paid executives reported in 2023. LMC FOUNDATION reported 9 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Director
Director
Director
Director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$103k

Itemized grants

2

Median grant

$51k

RecipientLocationPurposeAmount
LIMESTONE MEDICAL CENTERGROESBECK, TXPURCHASE EQUIPMENT FOR MEDICAL CENTER$99k
LIMESTONE MEDICAL CENTERGROESBECK, TXCASH CONTRIBUTION FOR EMPLOYEE BANQUET$4k
Financial trend

Revenue and expenses over time

LMC FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$116k
$89k
2022
$168k
$121k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Human Services executives earn in Texas

LMC FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in Texas earns a median of $72,000.

25th percentile
$32k
Median
$72,000
75th percentile
$123k
90th percentile
$192k

These are human services sector-wide figures, not this organization's reported pay. Based on 1,669 organizations across 1,669 filings (2020 – 2024).

See full Human Services pay data for Texas
FAQ

Common questions about LMC FOUNDATION

What are LMC FOUNDATION's revenue and expenses?

In 2023, LMC FOUNDATION reported $168k in total revenue and $121k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.