Totals
- Total revenue
- $1,195,688
- Total expenses
- $557,552
- Contributions and grants received
- $647,223
- Grants paid
- $363,174
- Program service revenue
- $0
- Investment income
- $510,386
- Other revenue
- $38,079
- Total assets, end of year
- $10,499,118
- Total liabilities, end of year
- $32,579
- Net assets or fund balances, end of year
- $10,466,539
- Program services expenses (Part IX)
- $390,070
- Management and general expenses
- $97,138
- Fundraising expenses
- $70,344
- Program service expenses (Part III)
- $390,070
Program services were 70.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$647,223
-
1g · Noncash contributions included above
$54,920
-
3 · Investment income
total $493,514 · excluded $493,514
-
7a · Gross sales of assets other than inventory
securities $1,644,824
-
7b · Less cost or other basis and sales expenses
securities $1,627,952
-
7c · Gain or loss
securities $16,872
-
7d · Net gain or loss
total $16,872 · excluded $16,872
-
8a · Fundraising events: gross income
$87,218
-
8b · Fundraising events: direct expenses
$49,139
-
8c · Net income from fundraising events
total $38,079 · excluded $38,079
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $66,384 · program services $66,384
-
2 · Grants to domestic individuals
total $296,790 · program services $296,790
-
11f · Fees: investment management
total $9,840 · management and general $9,840
-
11g · Fees: other
total $16,185 · management and general $16,185
-
13 · Office expenses
total $35,099 · program services $4,843 · management and general $4,953 · fundraising $25,303
-
19 · Conferences, conventions and meetings
total $10,539 · program services $2,827 · management and general $7,595 · fundraising $117
-
22 · Depreciation, depletion and amortization
total $3,642 · management and general $3,642
-
24a · Other expenses: CONTRACTUAL SERVICES
total $59,003 · program services $19,112 · management and general $15,409 · fundraising $24,482
-
24b · Other expenses: SUBSCRIPTIONS
total $37,287 · management and general $17,889 · fundraising $19,398
-
24e · All other expenses
total $22,783 · program services $114 · management and general $21,625 · fundraising $1,044
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $97,149 · end of year $136,167
-
2 · Savings and temporary cash investments
beginning of year $45,285 · end of year $666,083
-
3 · Pledges and grants receivable
beginning of year $1,218,955 · end of year $1,124,246
-
4 · Accounts receivable
beginning of year $100,000 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$221,421
-
10b · Land, buildings and equipment: accumulated depreciation
$66,979
-
10c · Land, buildings and equipment, net
beginning of year $158,084 · end of year $154,442
-
12 · Investments: other securities
beginning of year $7,577,940 · end of year $7,975,891
-
15 · Other assets
beginning of year $431,671 · end of year $442,289
-
17 · Accounts payable and accrued expenses
beginning of year $14,773 · end of year $17,929
-
25 · Other liabilities
beginning of year $105,884 · end of year $14,650
-
27 · Net assets without donor restrictions
beginning of year $1,175,802 · end of year $1,739,265
-
28 · Net assets with donor restrictions
beginning of year $8,332,625 · end of year $8,727,274
Mission and programs · 2024
Mission
REND LAKE COLLEGE FOUNDATION (RLC FOUNDATION) EXISTS FOR THE PURPOSE OF STIMULATING MAJOR VOLUNTARY PRIVATE SUPPORT FROM ALUMNI, RETIREES, FRIENDS, CORPORATIONS, FOUNDATIONS, AND OTHERS TO THE BENEFIT OF REND LAKE COLLEGE (RLC). RLC FOUNDATION STRIVES TO USE CURRENT ASSETS AND ACQUIRE ADDITIONAL ASSETS FOR IDENTIFIED AREAS OF NEED AS OUTLINED BY THE COLLEGE AND TO ACT IN A FIDUCIARY CAPACITY IN ADMINISTERING THESE ASSETS FOR THE GOOD OF RLC, ITS STUDENTS, AND THE COMMUNITY IT SERVES. RLC FOUNDATION WILL RAISE FUNDS IN ORDER TO UNDERTAKE THE FOLLOWING ACTIVITIES: HOUSE AND ADMINISTER THE RLC STUDENT SCHOLARSHIP PROGRAM, BUILD ENDOWMENTS, ASSIST WITH RLC CAPITAL DEVELOPMENT PROJECTS, SUPPORT RLC EDUCATIONAL PROGRAMS, AND PROVIDE RECOGNITION OPPORTUNITIES.
Activities or mission (Part I)
TO AWARD SCHOLARSHIPS TO STUDENTS ATTENDING REND LAKE COLLEGE AND ENHANCE THE CULTURAL CONTRIBUTIONS OF THE COLLEGE TO STUDENTS AND AREA RESIDENTS.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $363,174 · Grants $363,174
-
RLC FOUNDATION ANNUAL GOLF OUTING: THE RLC FOUNDATION ANNUAL GOLF OUTING IS THE BIGGEST FUNDRAISER OF THE YEAR. WE RAISE MONEY THROUGH SPONSORSHIPS OF GOLF HOLES, GOLF CARTS, EVENT SPONSORS, CORPORATE SPONSORS, TEAM SPONSORS, AND GENERAL DONATIONS. THIS EVENT MAKES IT POSSIBLE FOR US TO PAY SOME OF OUR OPERATING EXPENSES.
Expenses $10,928
-
THE GAME PLAN CAPITAL CAMPAIGN TO REVITALIZE THE RLC GYM, ATHLETIC OFFICES, RESTROOMS, CONCESSION STAND AREA, LOCKER ROOMS, FOYER, PHYSICAL/SPORTS THERAPY ROOM:RLC FOUNDATION'S CAPITAL CAMPAIGN THE GAME PLAN RAISED FUNDS FOR THE REVITALIZATION TO THE JIM WAUGH GYMNASIUM. DONATIONS WERE SOLITITED AND MADE TO HELP REVITALIZE A MORE MODERN GYM FACILITIES THAT HAD NOT BEEN TOUCHED FOR OVER 50 YEARS. THE REVITALIZATION ADDRESSED MANY THINGS, SUCH AS MORE SPACE THAT WAS NEEDED, HANDICAP BATHROOMS AND AS A RECUITING TOOL FOR RLC TO BE ABLE TO RECRUIT ACADEMICLY STRONG ATHLETES. THIS CAPITAL CAMPAIGN IS SPREAD OVER 3 YEARS.
Expenses $15,968
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Tony WieltTONY WIELT
CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Mary Ellen AikenMARY ELLEN AIKEN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Steven TateSTEVEN TATE
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
James WittenauerJAMES WITTENAUER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Gregg BarnardGREGG BARNARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Hunt BonanHUNT BONAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Will DavisWILL DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Rodney CabanessRODNEY CABANESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Randall DaubyRANDALL DAUBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Matthew FlaniganMATTHEW FLANIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Pat KernPAT KERN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Jeff LuekeJEFF LUEKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Trish ReedTRISH REED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Wesley SchummWESLEY SCHUMM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
REND LAKE COLLEGE
$66,384
SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
REND LAKE COLLEGE
GOVERNMENT · HIGHER EDUCATION · IL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601349349304245
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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