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Nonprofiteer
← LAKESHORE FOUNDATION

Form 990 for tax year 2024

Filed by LAKESHORE FOUNDATION.

Totals

Total revenue
$11,522,368
Total expenses
$12,488,974
Contributions and grants received
$1,923,620
Grants paid
$268,558
Program service revenue
$1,409,983
Investment income
$3,779,605
Other revenue
$4,409,160
Total assets, end of year
$104,256,654
Total liabilities, end of year
$9,122,040
Net assets or fund balances, end of year
$95,134,614
Program services expenses (Part IX)
$9,520,152
Management and general expenses
$2,036,410
Fundraising expenses
$932,412
Program service expenses (Part III)
$9,520,152

Program services were 76.2% 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

    $124,829

  • 1e · Government grants (contributions)

    $1,142,743

  • 1f · All other contributions, gifts and grants

    $656,048

  • 1g · Noncash contributions included above

    $17,490

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $793,687 · related or exempt $793,687

  • 2b · Program service revenue: COMMUNITY HEALTH

    total $410,110 · related or exempt $410,110

  • 2c · Program service revenue: ATHLETIC EVENTS

    total $104,482 · related or exempt $104,482

  • 2d · Program service revenue: SPORTS SCIENCE & PERFRMANCE

    total $53,664 · related or exempt $53,664

  • 2e · Program service revenue: ADVOCACY AND POLICY

    total $530 · related or exempt $530

  • 2f · All other program service revenue

    total $47,510 · related or exempt $47,510

  • 3 · Investment income

    total $368,863 · excluded $368,863

  • 6a · Gross rents

    real property $4,887,581

  • 6b · Less rental expenses

    real property $437,116

  • 6c · Rental income or loss

    real property $4,450,465

  • 6d · Net rental income or loss

    total $4,450,465 · excluded $4,450,465

  • 7a · Gross sales of assets other than inventory

    securities $43,516,913 · other assets $10,240

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

    securities $40,110,144 · other assets $6,267

  • 7c · Gain or loss

    securities $3,406,769 · other assets $3,973

  • 7d · Net gain or loss

    total $3,410,742 · excluded $3,410,742

  • 8a · Fundraising events: gross income

    $0

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

    $124,829

  • 8b · Fundraising events: direct expenses

    $46,723

  • 8c · Net income from fundraising events

    total -$46,723 · excluded -$46,723

  • 10a · Gross sales of inventory

    $7,552

  • 10b · Cost of goods sold

    $6,807

  • 10c · Net income from sales of inventory

    total $745 · related or exempt $745

  • 11a · Other revenue: VENDING REVENUE

    total $2,167 · related or exempt $2,167

  • 11b · Other revenue: APPAREL SALES

    total $974 · related or exempt $974

  • 11c · Other revenue: OTHER

    total $961 · related or exempt $961

  • 11d · All other revenue

    total $571 · related or exempt $571

  • 11e · Other revenue, total

    $4,673

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $268,558 · program services $268,558

  • 5 · Compensation of officers, directors and key employees

    total $1,902,291 · program services $589,186 · management and general $986,734 · fundraising $326,371

  • 7 · Other salaries and wages

    total $3,812,206 · program services $3,256,710 · management and general $307,066 · fundraising $248,430

  • 8 · Pension plan contributions

    total $155,181 · program services $124,615 · management and general $11,540 · fundraising $19,026

  • 9 · Other employee benefits

    total $497,892 · program services $359,450 · management and general $93,047 · fundraising $45,395

  • 10 · Payroll taxes

    total $399,753 · program services $272,171 · management and general $87,699 · fundraising $39,883

  • 11b · Fees: legal

    total $44,595 · management and general $44,595

  • 11c · Fees: accounting

    total $25,500 · management and general $25,500

  • 11d · Fees: lobbying

    total $60,000 · program services $30,000 · fundraising $30,000

  • 11f · Fees: investment management

    total $187,620 · management and general $187,620

  • 11g · Fees: other

    total $880,663 · program services $765,415 · management and general $87,646 · fundraising $27,602

  • 12 · Advertising and promotion

    total $173,854 · program services $120,593 · management and general $21,724 · fundraising $31,537

  • 13 · Office expenses

    total $166,896 · program services $98,630 · management and general $55,805 · fundraising $12,461

  • 14 · Information technology

    total $209,517 · program services $91,124 · management and general $55,430 · fundraising $62,963

  • 16 · Occupancy

    total $743,032 · program services $725,808 · management and general $6,880 · fundraising $10,344

  • 17 · Travel

    total $403,737 · program services $368,227 · management and general $24,836 · fundraising $10,674

  • 19 · Conferences, conventions and meetings

    total $93,337 · program services $57,804 · management and general $9,627 · fundraising $25,906

  • 20 · Interest

    total $170,268 · program services $165,590 · management and general $2,000 · fundraising $2,678

  • 22 · Depreciation, depletion and amortization

    total $1,604,158 · program services $1,560,058 · management and general $18,869 · fundraising $25,231

  • 23 · Insurance

    total $251,753 · program services $244,784 · management and general $2,961 · fundraising $4,008

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $182,741 · program services $178,105 · management and general $1,928 · fundraising $2,708

  • 24b · Other expenses: MINOR EQUIPMENT

    total $150,788 · program services $145,384 · management and general $3,876 · fundraising $1,528

  • 24c · Other expenses: MAINTENANCE CONTRACTS

    total $72,973 · program services $70,968 · management and general $857 · fundraising $1,148

  • 24d · Other expenses: OTHER

    total $29,597 · program services $24,942 · management and general $155 · fundraising $4,500

  • 24e · All other expenses

    total $2,064 · program services $2,030 · management and general $15 · fundraising $19

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300 · end of year $300

  • 2 · Savings and temporary cash investments

    beginning of year $1,498,974 · end of year $2,010,780

  • 3 · Pledges and grants receivable

    beginning of year $610,419 · end of year $344,477

  • 4 · Accounts receivable

    beginning of year $79,638 · end of year $315,799

  • 8 · Inventories for sale or use

    beginning of year $6,788 · end of year $3,275

  • 9 · Prepaid expenses and deferred charges

    beginning of year $832,080 · end of year $890,989

  • 10a · Land, buildings and equipment: cost or other basis

    $73,929,876

  • 10b · Land, buildings and equipment: accumulated depreciation

    $40,951,736

  • 10c · Land, buildings and equipment, net

    beginning of year $33,761,526 · end of year $32,978,140

  • 11 · Investments: publicly traded securities

    beginning of year $2,613,222 · end of year $3,665,614

  • 12 · Investments: other securities

    beginning of year $62,013,217 · end of year $63,973,201

  • 15 · Other assets

    beginning of year $41,464 · end of year $74,079

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,668,719 · end of year $1,766,545

  • 19 · Deferred revenue

    beginning of year $99,118 · end of year $421,766

  • 20 · Tax-exempt bond liabilities

    beginning of year $7,895,877 · end of year $6,590,535

  • 23 · Secured mortgages and notes payable

    end of year $321,150

  • 24 · Unsecured notes and loans payable

    beginning of year $15,473 · end of year $10,044

  • 25 · Other liabilities

    beginning of year $12,000 · end of year $12,000

  • 27 · Net assets without donor restrictions

    beginning of year $90,585,098 · end of year $94,313,962

  • 28 · Net assets with donor restrictions

    beginning of year $1,181,343 · end of year $820,652

Mission and programs · 2024

Mission

TO PROVIDE OPPORTUNITY FOR INDIVIDUALS WITH DISABILITY TO LIVE A HEALTHY LIFESTYLE THROUGH PHYSICAL ACTIVITY, RESEARCH, ADVOCACY AND HEALTH PROMOTION.

  • FITNESS, PERSONAL TRAINING AND AQUATICS - LAKESHORE FOUNDATION OFFERS MORE THAN 60 FITNESS AND AQUATICS CLASSES SPECIFICALLY DESIGNED FOR PERSONS WITH A WIDE RANGE OF PHYSICAL DISABILITIES AND CHRONIC HEALTH CONDITIONS SEEKING A LIFELONG PATH TO WELLNESS. LAKESHORE ALSO PROVIDES AN OPPORTUNITY FOR SELF-DIRECTED, INDIVIDUAL FITNESS AND AQUATICS WORKOUTS, AS WELL AS FEE-BASED PERSONAL TRAINING SERVICES. LAKESHORE LIFE, A COMPREHENSIVE HEALTH PROMOTION INITIATIVE, INCLUDES NUTRITION EDUCATION AND EMPOWERS INDIVIDUALS TO TAKE PERSONAL OWNERSHIP OF HEALTH AND WELLNESS CHOICES. VIRTUAL PROGRAMS ARE ALSO BEING OFFERED TO COMMUNITY CENTERS ALLOWING A BROADER AUDIENCE TO ACCESS VALUABLE WELLNESS PROGRAMS.

    Expenses $2,597,198 · Revenue $489,286

  • RECREATION, ATHLETICS, MILITARY AND TRAINING SITE PROGRAMS - LAKESHORE FOUNDATION OFFERS YEAR-ROUND ACTIVITIES FOR CHILDREN AND ADULTS WITH PHYSICAL DISABILITIES INCLUDING RECREATIONAL PROGRAMS, ATHLETIC TEAMS AND LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL ATHLETIC EVENTS THAT PROVIDE AN OUTLET FOR COMPETITIVE DRIVE AND CONTRIBUTE TO PARTICIPANTS' HEALTH AND WELL-BEING. THIS INCLUDES HIGH PERFORMANCE CAMPS FOR USA WHEELCHAIR RUGBY, BOCCIA UNITED STATES, USA PARA POWERLIFTING, USA WHEELCHAIR BASKETBALL, PARALYZED VETERANS OF AMERICA, WOUNDED WARRIOR PROJECT, AND LOCAL CHILDREN'S SUMMER CAMPS. OUR WORK WITH VETERANS ALSO INCLUDES HEALTH AND WELLNESS OPTIONS FOR ALL LOCAL ALABAMA VETERANS AND THEIR FAMILIES, MORE THAN 1,500 OF WHOM HAVE BEGUN PARTICIPATING.

    Expenses $4,241,110 · Grants $208,558 · Revenue $392,685

  • SPORTS SCIENCE AND PERFORMANCE CENTER - ESTABLISHED IN FY23, LAKESHORE FOUNDATION'S SPORTS SCIENCE AND PERFORMANCE CENTER (SSPC) CONTINUED EXPANSION IN FY25 FOLLOWING ITS PUBLIC LAUNCH IN JANUARY 2024. SSPC PROVIDES IN-PERSON AND VIRTUAL SPORTS PERFORMANCE SERVICES DESIGNED SPECIFICALLY FOR INDIVIDUALS WITH DISABILITIES, INTEGRATING APPLIED SPORTS SCIENCE RESEARCH WITH DIRECT ATHLETE SUPPORT. SERVICES INCLUDE SPORT-SPECIFIC PERFORMANCE TESTING, INDIVIDUALIZED TRAINING AND NUTRITION GUIDANCE, EQUIPMENT MODIFICATION, DATA ANALYSIS, AND ATHLETE AND COACH MENTORSHIP. THE PROGRAM ADVANCES EQUITABLE ACCESS TO HIGH-QUALITY PERFORMANCE RESOURCES, SUPPORTS EMERGING AND ELITE ATHLETES WITH DISABILITIES, AND PROMOTES LIFELONG HEALTH AND COMPETITIVE SUCCESS.

    Expenses $1,090,385 · Grants $10,000 · Revenue $88,227

  • ADVOCACY AND POLICY - LAKESHORE FOUNDATION WORKS TO REDUCE HEALTH DISPARITIES AND SUPPORTS THE ACHIEVEMENT OF OPTIMAL HEALTH BY PEOPLE WITH PHYSICAL DISABILITY AND CHRONIC HEALTH CONDITIONS BY ENSURING PEOPLE WITH DISABILITY GAIN ACCESS TO HEALTH PROMOTING RESOURCES AND RECEIVE THE RIGHT SUPPORT AND SERVICES, AT THE RIGHT TIME, IN THE RIGHT SETTING. LAKESHORE'S COMMUNITY HEALTH EFFORTS LOCALLY, NATIONALLY AND GLOBALLY ADDRESS BARRIERS THAT PREVENT PEOPLE WITH DISABILITIES FROM MAXIMUM PARTICIPATION IN SOCIETY.

    Expenses $423,408 · Revenue $530

  • RESEARCH AND COMMUNITY HEALTH - LAKESHORE CONDUCTS APPLIED RESEARCH AND PROGRAM EVALUATION ON THE EFFECTIVENESS OF PHYSICAL ACTIVITY PROGRAMS IN PROMOTING HEALTH AND QUALITY OF LIFE, IMPROVING FUNCTIONAL INDEPENDENCE, AND PREVENTING SECONDARY CONDITIONS IN PEOPLE WITH PHYSICAL DISABILITIES. OUR RESEARCH ACTIVITIES INCLUDE PHYSIOLOGICAL TESTING, QUALITATIVE STUDIES, AND PROGRAM EVALUATION. RESEARCH IDENTIFIES WAYS TO IMPROVE HEALTH RELATED QUALITY OF LIFE, REDUCE SECONDARY HEALTH CONDITIONS, AND INCREASE COMMUNITY PARTICIPATION. INNOVATIVE TECHNOLOGY IS ALSO BEING UTILIZED TO IMPROVE ACCESS TO FITNESS. THROUGH PROFESSIONAL PUBLICATIONS, CONFERENCES AND COLLABORATIVE EFFORTS, EVIDENCE-BASED PROGRAMS AND MODELS IN PHYSICAL ACTIVITY FOR PEOPLE WITH PHYSICAL DISABILITY ARE SHARED WORLDWIDE.

    Expenses $1,168,051 · Grants $50,000 · Revenue $444,673

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Graham Sisson Jr

    DIRECTOR AND CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.77 + 0.2 related
  • William Bill Horton

    DIRECTOR AND VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.77 + 0.2 related
  • Robert M Couch

    DIRECTOR AND TREASURER

    Total calculated
    $0
    Hours/week
    0.77 + 0.1 related
  • Frank H Long Jr

    DIRECTOR AND SECRETARY

    Total calculated
    $0
    Hours/week
    0.77 + 0.1 related
  • Greg Johnston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38 + 0.1 related
  • William P Acker III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Walter M Beale Jr

    DIRECTOR AND CHAIR

    Total calculated
    $0
    Hours/week
    0.58 + 0.2 related
  • Turner Burton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Jay Brandrup

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Yvonne Essix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Wd Foster

    DIRECTOR AND CHAIR

    Total calculated
    $0
    Hours/week
    0.58 + 0.1 related
  • Brenda M Hackney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38 + 0.1 related
  • Joe Hampton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • William K Hancock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Catherine Sloss Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Michael A Kamber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Dave Keenan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Brad Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Mark S McColl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Dr Vue Qc Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Michael L Patterson

    DIRECTOR AND CHAIR

    Total calculated
    $0
    Hours/week
    0.58 + 0.1 related
  • N Lee S Price Maj Gen Ret

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Ann M Purdy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Tom Shufflebarger

    DIRECTOR AND CHAIR

    Total calculated
    $0
    Hours/week
    0.58 + 0.1 related
  • Allison Stephens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38 + 0.2 related
  • Andre J Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38 + 0.1 related
  • Peter Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38
  • Joel T Welker

    DIRECTOR AND CHAIR

    Total calculated
    $0
    Hours/week
    0.58 + 0.2 related
  • John Kemp

    PRESIDENT

    Total calculated
    $375,327
    From this org
    $350,555
    From related orgs
    $0
    Other
    $24,772
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,238
    Bonus
    $41,479
    Other
    $10,838
    Deferred
    $13,615
    Nontaxable benefits
    $12,274
    Filer's total
    $376,444
  • Cathy Miller

    CHIEF OPERATING AND FINANCIAL OFFICER

    Total calculated
    $273,844
    From this org
    $251,955
    From related orgs
    $0
    Other
    $21,889
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,024
    Bonus
    $250
    Other
    $9,681
    Deferred
    $10,188
    Nontaxable benefits
    $12,914
    Filer's total
    $275,057
  • Jen Allred

    CHIEF PROGRAM OFFICER AND SPECIAL PROJECTS

    Total calculated
    $219,541
    From this org
    $203,827
    From related orgs
    $0
    Other
    $15,714
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,224
    Bonus
    $250
    Other
    $8,353
    Deferred
    $8,071
    Nontaxable benefits
    $8,856
    Filer's total
    $220,754
  • Amy Rauworth

    CHIEF RESEARCH AND INNOVATION OFFICER

    Total calculated
    $208,158
    From this org
    $188,632
    From related orgs
    $0
    Other
    $19,526
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,202
    Bonus
    $250
    Other
    $6,180
    Deferred
    $7,824
    Nontaxable benefits
    $12,914
    Filer's total
    $209,370
  • Chris Thomason

    CHIEF OF ADVANCEMENT

    Total calculated
    $197,201
    From this org
    $190,200
    From related orgs
    $0
    Other
    $7,001
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,444
    Bonus
    $250
    Other
    $6,506
    Deferred
    $0
    Nontaxable benefits
    $8,213
    Filer's total
    $198,413
  • Debbie Smith

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $140,660
    From this org
    $134,784
    From related orgs
    $0
    Other
    $5,876
    Hours/week
    40
  • Korhan Altiparmak

    CONTROLLER

    Total calculated
    $122,361
    From this org
    $116,805
    From related orgs
    $0
    Other
    $5,556
    Hours/week
    40
  • Carol Kutik

    DIRECTOR OF FITNESS

    Total calculated
    $118,006
    From this org
    $113,388
    From related orgs
    $0
    Other
    $4,618
    Hours/week
    40
  • Edward Reynolds

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $115,106
    From this org
    $108,105
    From related orgs
    $0
    Other
    $7,001
    Hours/week
    40

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

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

  • LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION

    $208,558

    TO SUPPORT ACTIVITIES & PROGRAMS

  • UNIVERSITY OF HOUSTON

    $10,000

    RECIPIENT OF SSPC GRANT

  • WESTCHESTER INDEPENDENT LIVING CENTER

    $10,000

    PILOT SITE FOR ADAPTED DPP-SPECIAL OLYMPICS

  • THE SIGHT CENTER OF NORTHWEST PENNSYLVANIA

    $10,000

    DPP IDD PILOT SITE-SPECIAL OLYMPICS

  • FLORIDA DEPARTMENT OF HEALTH IN PALM BEACH COUNTY

    $10,000

    DPP PILOT SITE YEAR 1-SPECIAL OLYMPICS

  • UNIVERSITY OF MONTANA RESEARCH & SPONSORED PROGRAMS-UH207

    $10,000

    DPP IDD PILOT SITE-SPECIAL OLYMPICS

  • OHIO STATE UNIVERSITY OFFICE OF SPONSORED PROGRAMS

    $10,000

    DPP PILOT SITE-SPECIAL OLYMPICS

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
2024
Filed
21 April 2026
IRS schema version
2024v5.5
Source object
202621119349301327

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