Skip to content
Nonprofiteer
← LANE COMMUNITY COLLEGE FOUNDATION

Form 990 for tax year 2023

Filed by LANE COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue
$3,499,155
Total expenses
$3,397,589
Contributions and grants received
$2,939,673
Grants paid
$2,402,044
Program service revenue
$2,376
Investment income
$622,229
Other revenue
-$65,123
Total assets, end of year
$28,747,560
Total liabilities, end of year
$1,088,745
Net assets or fund balances, end of year
$27,658,815
Program services expenses (Part IX)
$2,509,149
Management and general expenses
$387,045
Fundraising expenses
$501,395
Program service expenses (Part III)
$2,509,149

Program services were 73.9% 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.

  • 1c · Fundraising events

    $177,553

  • 1f · All other contributions, gifts and grants

    $2,762,120

  • 1g · Noncash contributions included above

    $271,170

  • 2a · Program service revenue: OTHER PROGRAM SERVICE INCOME

    total $2,376 · related or exempt $2,376

  • 3 · Investment income

    total $449,821 · excluded $449,821

  • 7a · Gross sales of assets other than inventory

    securities $3,748,332

  • 7b · Less cost or other basis and sales expenses

    securities $3,575,924

  • 7c · Gain or loss

    securities $172,408

  • 7d · Net gain or loss

    total $172,408 · related or exempt $172,408

  • 8a · Fundraising events: gross income

    $96,317

  • 8a · Fundraising events: contributions included on line 1c

    $177,553

  • 8b · Fundraising events: direct expenses

    $161,440

  • 8c · Net income from fundraising events

    total -$65,123 · excluded -$65,123

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,059,170 · program services $1,059,170

  • 2 · Grants to domestic individuals

    total $1,342,874 · program services $1,342,874

  • 5 · Compensation of officers, directors and key employees

    total $174,693 · management and general $33,582 · fundraising $141,111

  • 7 · Other salaries and wages

    total $307,537 · program services $63,558 · management and general $61,552 · fundraising $182,427

  • 8 · Pension plan contributions

    total $44,526 · program services $11,024 · management and general $8,440 · fundraising $25,062

  • 9 · Other employee benefits

    total $127,826 · program services $24,217 · management and general $25,893 · fundraising $77,716

  • 10 · Payroll taxes

    total $31,007 · program services $4,931 · management and general $6,416 · fundraising $19,660

  • 11c · Fees: accounting

    total $22,620 · management and general $22,620

  • 12 · Advertising and promotion

    total $15,102 · management and general $15,102

  • 13 · Office expenses

    total $47,935 · program services $1,818 · management and general $46,117

  • 14 · Information technology

    total $74,048 · management and general $74,048

  • 17 · Travel

    total $1,210 · management and general $1,210

  • 19 · Conferences, conventions and meetings

    total $21,274 · management and general $21,274

  • 24a · Other expenses: PAYMENTS TO GRANTORS

    total $69,016 · management and general $69,016

  • 24b · Other expenses: CAMPAIGN EXPENSE

    total $46,033 · fundraising $46,033

  • 24c · Other expenses: DONOR RECOGNITION

    total $9,386 · fundraising $9,386

  • 24d · Other expenses: ADMINISTRATIVE EXPENSES

    total $1,647 · program services $1,557 · management and general $90

  • 24e · All other expenses

    total $1,685 · management and general $1,685

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $95 · end of year $95

  • 2 · Savings and temporary cash investments

    beginning of year $1,702,772 · end of year $3,231,056

  • 3 · Pledges and grants receivable

    beginning of year $3,296,428 · end of year $2,483,093

  • 4 · Accounts receivable

    beginning of year $22,500 · end of year $34,262

  • 7 · Other notes and loans receivable

    beginning of year $77,976 · end of year $50,852

  • 9 · Prepaid expenses and deferred charges

    beginning of year $58,670 · end of year $53,506

  • 11 · Investments: publicly traded securities

    beginning of year $21,114,675 · end of year $21,671,840

  • 12 · Investments: other securities

    end of year $1,222,856

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,439 · end of year $427,623

  • 19 · Deferred revenue

    beginning of year $76,500 · end of year $28,000

  • 25 · Other liabilities

    beginning of year $620,633 · end of year $633,122

  • 27 · Net assets without donor restrictions

    beginning of year $665,765 · end of year $722,006

  • 28 · Net assets with donor restrictions

    beginning of year $24,894,779 · end of year $26,936,809

Mission and programs · 2023

Mission

THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,517,634 · Grants $1,517,634

  • FACULTY SUPPORT FOR NURSING.

    Expenses $593,005 · Grants $593,005

  • PAYMENTS TO LCC FOR BUILDING 18 RENOVATIONS TO MEDIA ARTS ANIMATION LAB.

    Expenses $81,975 · Grants $81,975

  • EDUCATIONAL MATERIALS AND SUPPLIES, PROFESSIONAL DEVELOPMENT, PROMOTIONAL EXPENSES, SENIOR SERVICES, FUND RAISING EXPENSES, CAPITAL EQUIPMENT, MAINTENANCE SERVICES, CONFERENCES & EVENTS AND OTHER PROGRAM SUPPORT.

    Expenses $316,535 · Grants $209,430 · Revenue $2,376

As filed on the 2023 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

  • WENDY JETT

    EXECUTIVE DI

    Total calculated
    $160,332
    From this org
    $0
    From related orgs
    $121,842
    Other
    $38,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $121,842 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,351 related
    Nontaxable benefits
    not reported + $31,139 related
    Filer's total
    not reported + $160,332 related

  • JERI STEELE

    PAST ACCOUNT

    Total calculated
    $71,933
    From this org
    $0
    From related orgs
    $61,743
    Other
    $10,190
    Hours/week
    40

  • SHANNON DOLAN

    ACCOUNTANT

    Total calculated
    $38,204
    From this org
    $0
    From related orgs
    $27,732
    Other
    $10,472
    Hours/week
    40

  • ALAN YORDY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • STEVE WILDISH

    1ST VICE PRE

    Total calculated
    $0
    Hours/week
    1

  • IRENE ALLTUCKER

    2ND VICE PRE

    Total calculated
    $0
    Hours/week
    1

  • DIANA LEARNER

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SUSAN SOONKEUM COX

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE BULGER

    LCC PRESIDEN

    Total calculated
    $0
    Hours/week
    1

  • PAULA CHAN CARPENTER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARVIN REVOAL

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHANNON GRANT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AMANDA HAUGLAND

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY JEANNE JACOBSEN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY JANE MORI

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KIM REXIUS

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRUCE RIDDLE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AMY ROMERO

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BETH SHEEHAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY SPILDE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KATHIE TIPPENS WIPER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SANDY WATKINSON

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN WOLF

    MEMBER

    Total calculated
    $0
    Hours/week
    1

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

None.

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

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
16 December 2024
IRS schema version
2023v5.0
Source object
202433539349300038

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.