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Filing year 2023

THE LAKELAND FOUNDATION

Kirtland, Ohio·EIN 34-1369714·3
Total revenue
$2M
Total assets
$12.3M
Total expenses
$1.4M
Reported officers
45
Mission

THE LAKELAND FOUNDATION CREATES RELATIONSHIPS AND SOLICITS RESOURCES THROUGHOUT NORTHEAST OHIO AND FOCUSES THEM ON SUPPORTING LAKELAND COMMUNITY COLLEGE'S MISSION "TO PROVIDE QUALITY LEARNING OPPORTUNITIES TO MEET THE SOCIAL AND ECONOMIC NEEDS OF THE COMMUNITY." THE FOUNDATION HAS SUPPORTED THE COLLEGE IN THE AREAS OF 1) STUDENT SCHOLARSHIPS AND GRANTS, 2) FACULTY DEVELOPMENT AND TEACHING ENHANCEMENT PROGRAMS, AND 3) TECHNOLOGY UPGRADES AND SUPPORT TO BENEFIT STUDENTS AND/OR FACULTY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Director
$108k
$119k

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 44 unpaid individuals.

Up 4%
from 2022

From $104k in 2022 to $108k in 2023.

$104k
2022
$108k
2023
In today's dollarsEst.
Roughly flat in real terms$119k to $119k

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.

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

Revenue and expenses over time

THE LAKELAND FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.1M
$1.1M
2022
$2M
$1.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
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