Totals
- Total revenue
- $25,431,203
- Total expenses
- $26,163,961
- Contributions and grants received
- $9,486,170
- Grants paid
- $2,395,570
- Program service revenue
- $15,614,408
- Investment income
- $330,625
- Other revenue
- $0
- Total assets, end of year
- $67,327,695
- Total liabilities, end of year
- $4,848,408
- Net assets or fund balances, end of year
- $62,479,287
- Program services expenses (Part IX)
- $19,625,720
- Management and general expenses
- $6,538,241
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,625,720
Program services were 75.0% 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.
-
1e · Government grants (contributions)
$7,683,846
-
1f · All other contributions, gifts and grants
$1,802,324
-
2a · Program service revenue: Auxiliary Enterprises
total $6,087,028 · related or exempt $6,087,028
-
2b · Program service revenue: Indirect Cost Reimburseme
total $28,419 · related or exempt $28,419
-
2c · Program service revenue: OTHERS
total $76,564 · related or exempt $76,564
-
2d · Program service revenue: Student tuition and fees
total $9,422,397 · related or exempt $9,422,397
-
3 · Investment income
total $330,625 · excluded $330,625
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $2,395,570 · program services $2,395,570
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $234,997 · program services $186,177 · management and general $48,820
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $9,282,218 · program services $7,353,866 · management and general $1,928,352
-
8 · Pension plan contributions
total $783,668 · program services $526,611 · management and general $257,057
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $713,082 · program services $574,587 · management and general $138,495
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $654,056 · management and general $654,056
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,108,388 · program services $1,034,664 · management and general $73,724
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $34,098 · management and general $34,098
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,706,321 · program services $703,061 · management and general $1,003,260
-
23 · Insurance
total $622,450 · program services $87,203 · management and general $535,247
-
24a · Other expenses: Proffesional Fees & Contracts
total $3,104,161 · program services $2,672,916 · management and general $431,245
-
24b · Other expenses: Utilities
total $1,299,795 · program services $1,298,885 · management and general $910
-
24c · Other expenses: Purchase for resale
total $1,046,956 · program services $1,046,956
-
24d · Other expenses: Bad debt
total $681,090 · management and general $681,090
-
24e · All other expenses
total $2,497,111 · program services $1,745,224 · management and general $751,887
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,600,180 · end of year $3,037,125
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $411,385 · end of year $891,598
-
4 · Accounts receivable
beginning of year $919,824 · end of year $2,537,655
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $424,189 · end of year $437,482
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$89,571,342
-
10b · Land, buildings and equipment: accumulated depreciation
$39,067,187
-
10c · Land, buildings and equipment, net
beginning of year $45,551,050 · end of year $50,504,155
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $7,252,076 · end of year $8,594,137
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,328,236 · end of year $1,325,543
-
17 · Accounts payable and accrued expenses
beginning of year $2,377,245 · end of year $2,998,183
-
19 · Deferred revenue
beginning of year $562,282 · end of year $1,258,072
-
23 · Secured mortgages and notes payable
beginning of year $562,689 · end of year $481,272
-
25 · Other liabilities
beginning of year $103,876 · end of year $110,881
-
27 · Net assets without donor restrictions
beginning of year $53,735,787 · end of year $56,959,938
-
28 · Net assets with donor restrictions
beginning of year $5,145,061 · end of year $5,519,349
Mission and programs · 2023
Mission
LANE COLLEGE IS A PRIVATE,CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING,INSTRUCTION AND SUPPORT SERVICES.
-
LANE COLLEGE IS AN INSTITUTE OF HIGHER EDUCATION AND PROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATING STUDENTS.
Expenses $19,625,720
As filed on the 2023 return.
Listed in Part VII
-
Dr Logan Hampton
President
- Total calculated
- $234,997
- From this org
- $234,997
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $234,997
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $234,997
-
DARRYL MCGEE
VP STUDENT AFFAIRS
- Total calculated
- $110,828
- From this org
- $110,828
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bishop Marvin F Thomas
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Mr John T Greene
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr M Jermane Bond
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Captain Voresa Booker
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Melissa B Clinton
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Michelle Marshall
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Rev Dr Ronald Powe
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Marcus Greene
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Carmichael Crutchfield
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Dacry Harris
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Jesse Tyson
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Reverend Wayne Williams
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Malek Lockhart
Student Rep
- Total calculated
- $0
- Hours/week
- 5
-
Dr Keith H Taylor
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Dr Aminah F Gooch
Faculty Rep
- Total calculated
- $0
- Hours/week
- 5
-
Ms Pamela C Springfield
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Dr Claude A Bass
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Doris F Boyd
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr John D Calhoun
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Louis E Cunningham
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Jessie Edwards
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Dacry Harris
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms E Florence Hervery
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Nicky Phillips
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Gary A Taylor
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Jacqueline I Scott
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Rev Wayne Williams
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Pene Woods
Trustee
- Total calculated
- $0
- Hours/week
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a: Relevant information in regards to selections on 1a.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501369349300230
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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