2024-11-04T14:35:12-06:00 2024-06-30 371119790 MH CPA PLLC 2110 CLEARLAKE BLVD STE 200 CHAMPAIGN IL 61822 990 2023-07-01 237100515 LAKE LAND COLLEGE FOUNDATION LAKE 2172345363 5001 LAKE LAND BLVD MATTOON IL 61938 CHRISTINA DONSBACH EXECUTIVE DIRECTOR 2172345363 2024-10-29 1 1 AINDREA N BALAGNA CPA P00852053 2173512000 2024-10-28 2023 2024-10-15 13:58:12Z CHRISTINA DONSBACH 5001 LAKE LAND BLVD MATTOON IL 61938 2325495 0 X LAKELANDCOLLEGE.EDU X 1970 IL LAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATIONAL OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES AND CORPORATIONS. 19 19 0 105 0 0 3100374 954788 0 0 86514 541883 250954 177005 3437842 1673676 606020 687282 0 0 193083 233611 0 0 122407 2039812 857212 2838915 1778105 598927 -104429 17342249 18008235 602211 394355 16740038 17613880 X LAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATION OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES, AND CORPORATIONS. 0 0 1309354 687282 0 THE LAKE LAND COLLEGE FOUNDATION WAS ORGANIZED AND OPERATES EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES DESIGNED TO PROMOTE THE WELFARE OF LAKE LAND COLLEGE, MATTOON, ILLINOIS, AND ITS STUDENTS. THE MAJOR THRUST OF THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO LAKE LAND COLLEGE STUDENTS. DURING THE PAST YEAR, THROUGH THE GENEROUS DONATIONS OF AREA INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS, THE FOUNDATION AWARDED $687,282 IN SCHOLARSHIPS TO ABOUT 1,000 DESERVING STUDENTS. THESE SCHOLARSHIPS VARY IN AMOUNTS AWARDED AND CRITERIA. FIRST ACCOMPLISHMENT FOR AWARDING IS BASED ON THE DONOR'S WISHES AND/OR GUIDELINES ESTABLISHED BY THE LAKE LAND COLLEGE FOUNDATION BOARD OF DIRECTORS. DONORS WHO REACH A SPECIFIED LEVEL OF LIFETIME GIVING ARE RECOGNIZED ON AN ANNUAL BASIS AND ALSO HAVE THE OPPORTUNITY TO MEET THEIR SCHOLARSHIP RECIPIENT(S) AT AN ANNUAL RECEPTION.DONORS REPRESENT A DIVERSE BACKGROUND FROM THE 4,000 SQUARE MILE DISTRICT. MANY DONORS HAVE BEEN DEDICATED TO HELPING STUDENTS FOR MORE THAN TWO DECADES. THEY BELIEVE IN THE COMMUNITY COLLEGE AND ARE COMMITTED TO ENSURING THAT THE REGION HAS A TRAINED WORKFORCE TO MEET THE NEEDS OF LOCAL BUSINESS AND INDUSTRY. DONORS ARE ALSO EXPANDING THEIR SUPPORT BY PROVIDING ADDITIONAL RESOURCES FOR THE UNMET FINANCIAL NEEDS OF THE COLLEGE DUE TO DECLINING STATE SUPPORT AND A SLUGGISH LOCAL PROPERTY TAX BASE.OTHER FOUNDATION ACTIVITIES INCLUDE AN ANNUAL GOLF OUTING WHICH RAISES MONIES THAT ARE USED FOR THE OPERATIONS OF THE FOUNDATION. VOLUNTEEERS AND GOLFERS FROM THROUGHOUT THE DISTRICT RETURN EACH YEAR TO HELP PLAN AND SUPPORT THE GOLF OUTING. 1309354 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X MADGE SHOOT 2172345375 5001 LAKE LAND BOULEVARD MATTOON IL 61938 AMANDA MARTIN DIRECTOR 1.00 X 0 0 0 ANGELA DYER DIRECTOR 1.00 X 0 0 0 AUSTIN FRANK DIRECTOR 1.00 X 0 0 0 BLAKE PIERCE DIRECTOR 1.00 X 0 0 0 DEACON PATIENT PAST PRESIDENT 1.00 X 0 0 0 DEBRA SANDERCOCK DIRECTOR 1.00 X 0 0 0 DENISE BENCE DIRECTOR 1.00 X 0 0 0 KATHLEEN ANDERSON DIRECTOR 1.00 X 0 0 0 KELLIE EASTHAM DIRECTOR 1.00 X 0 0 0 LARRY BLACKERBY DONOR RELATIONS COMM CHAIR 1.00 X 0 0 0 LINDA VON BEHREN DIRECTOR 1.00 X 0 0 0 MEG YARGUS STEWARD FINANCE & INVESTMENT CHAIR 1.00 X 0 0 0 MICAH DICKENS DIRECTOR 1.00 X 0 0 0 RENEE HUCKSTEAD VICE PRES, BOARD DEV CHAIR 1.00 X X 0 0 0 RICHARD HARTKE PRESIDENT 1.00 X X 0 0 0 ROBERT PAYTON DIRECTOR 1.00 X 0 0 0 RUDY HUBER DIRECTOR 1.00 X 0 0 0 THOMAS WHITE SECRETARY 1.00 X X 0 0 0 TYLER MICENHEIMER DIRECTOR 1.00 X 0 0 0 CHRISTI DONSBACH EXECUTIVE DIRECTOR 40.00 X 0 102562 28189 MADGE SHOOT TREASURER 2.00 38.00 X 0 107477 11590 0 210039 39779 0 0 0 0 0 60260 894528 228349 954788 383282 383282 43660 0 43660 43660 43660 799488 640887 158601 158601 158601 0 60260 10932 -10932 -10932 FARM INCOME 110000 144277 144277 144277 1673676 0 0 718888 687282 687282 233611 58403 116805 58403 13765 13765 1616 1616 16956 16956 19271 19271 DONATIONS TO LAKE LAND 562673 562673 SUPPLIES 97404 817 96587 OTHER 64183 179 64004 FARM EXPENSES 63720 63720 17624 17624 1778105 1309354 346344 122407 244869 210887 3364658 323997 3059932 3040661 14037448 14756687 17342249 18008235 602211 394355 602211 394355 X 2314089 2277880 14425949 15336000 16740038 17613880 17342249 18008235 -104429 978271 0 X X 0 1 X 1 0 X 794727 766490 3598327 3042772 894528 9096844 794727 766490 3598327 3042772 894528 9096844 9096844 352945 259683 674018 339539 426942 2053127 11149971 0.81590 0.81820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8005523 159079 353543 352541 8165614 7022087 972290 54562 43416 8005523 4943046 2174522 561021 502932 153367 203 7022087 4588647 396007 332549 295990 78167 4943046 4346575 246340 157 4425 4588647 1.00000 0 0 2651184 2651184 701691 701691 11783 11783 323997 -323997 3040661 DUE TO LAKE LAND COLLEGE 40428 AGENCY FUNDS - HELD FOR OTHERS 353927 394355 2917317 978271 254438 10932 1243641 1673676 0 1673676 2043475 254438 10932 265370 1778105 0 1778105 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE PART V, LINE 4 INTENDED USES FOR ENDOWMENT FUNDS PERMANENT ENDOWMENTS ARE TO BE USED FOR THE PROMOTION AND SUPPORT OF THE COLLEGE INCLUDING SCHOLARSHIPS, CAPITAL PROJECTS, WORKS OF ART AND OTHER PROGRAMS AND SERVICES. GOLF OUTING 60260 60260 10932 60260 60260 10932 10932 -10932 0 SCHOLARSHIP FOR STUDENTS ATTENDING LAKE LAND COLLEGE 1179 687282 PART I, LINE 2: ALL SCHOLARSHIPS ARE AWARDED TO LAKE LAND COLLEGE STUDENTS WHO ARE ATTENDING CLASSES WITHIN THE LAKE LAND COLLEGE 517 DISTRICT OF ILLINOIS. IN ADDITION, ALL GRANTS ARE ONLY AWARDED TO THE FOUNDATION'S RELATED ENTITY, LAKE LAND COLLEGE. X ACADEMIC EQUIPMENT 1 123683 SELLING PRICE OF DON X LEASE OF PROPERTY 1 103940 SELLING PRICE OF DON X MISCELLANEOUS 1 726 SELLING PRICE OF DON 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS PROCESS TO REVIEW FORM 990: THE AUDIT COMMITTEE MEETS AND REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY REGULARLY MONITORED BY REVIEW OF CONFLICT OF INTEREST FORMS BY THE EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESSS HAS NOT CHANGED FROM PRIOR YEAR. LAKE LAND COLLEGE 5001 LAKE LAND BOULEVARD MATTOON IL 61938 370896233 EDUCATION IL GOVERNMENTAL UNIT N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LAKE LAND COLLEGE N 101557 CASH METHOD LAKE LAND COLLEGE O 152861 CASH METHOD LAKE LAND COLLEGE B 562673 CASH METHOD