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Community Foundation For The Land Of Lincoln Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204191391 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation For The Land Of Lincoln Inc?

Community Foundation for the Land of Lincoln Inc., situated in Springfield, Illinois, is a nonprofit organization dedicated to managing over 300 charitable funds. Their primary role involves prudent investment decision-making and establishing a spending policy aligning with donors' intentions. The foundation operates for the public benefit, aiming to distribute philanthropic funds benefiting various Illinois counties. By connecting individuals who care about specific causes, the Community Foundation for the Land of Lincoln Inc. bridges the gap between philanthropy and community needs, contributing positively to the region. With a team of six employees, the organization plays a crucial role in supporting various charitable initiatives in Illinois.


Official website here: www.cfll.org

Is Community Foundation For The Land Of Lincoln Inc legitimate?

Community Foundation For The Land Of Lincoln Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation For The Land Of Lincoln Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $437,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,147

For more financial information, click here


Official website here: www.cfll.org

What is the mission statement of Community Foundation For The Land Of Lincoln Inc?

The Community Foundation for the Land of Lincoln Inc. serves as a bridge between individuals who are passionate about making a difference and causes that require support. Its primary mission is to manage funds established for charitable purposes, making prudent investment decisions and setting a spending policy that aligns with the donors' intentions. Operating for the public benefit, the foundation aims to distribute philanthropic funds in various Illinois counties, ultimately benefiting numerous communities.


Official website here: www.cfll.org

Who is the CEO of Community Foundation For The Land Of Lincoln Inc?

Kent Massie is the Treasurer of Community Foundation For The Land Of Lincoln Inc. The CEO's salary of Community Foundation For The Land Of Lincoln Inc is $172,197 and their total compensation is $200,701.


Official website here: www.cfll.org

What is the revenue of Community Foundation For The Land Of Lincoln Inc?

Community Foundation For The Land Of Lincoln Inc's revenue in 2022 was $5,565,373.


Official website here: www.cfll.org

Who are the executives of Community Foundation For The Land Of Lincoln Inc and what are their salaries?

The average compensation at Community Foundation For The Land Of Lincoln Inc during 2022 was $97,806. There are 6 employees and 250 volunteers at Community Foundation For The Land Of Lincoln Inc.

Here are 15 key members and their salaries (Community Foundation For The Land Of Lincoln Inc's CEO's salary is $172,197 and their total compensation is $200,701):

    John G Stremsterfer (President & Ceo)
  • Compensation: $172,197
  • Related: $0
  • Other: $28,504

    • Stacey Reed (Vp Of Programs & Marketing)
  • Compensation: $102,778
  • Related: $0
  • Other: $16,389

    • Betsy Weidner (Vp Of Accounting & Finance)
  • Compensation: $92,708
  • Related: $0
  • Other: $25,113

    • Jen Dejong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Staley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sammie Mander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Etheride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenyatta Revelle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Massie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Nelson Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendi El-Amin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Grosboll (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Denes (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Lamar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfll.org

    Where can I find the form 990 for Community Foundation For The Land Of Lincoln Inc?

    The Community Foundation For The Land Of Lincoln Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cfll.org

    Learn more at the official website: www.cfll.org

    Mission Statement of Community Foundation For The Land Of Lincoln Inc

    The Community Foundation for the Land of Lincoln, as stated, connects individuals who are passionate about making a difference with causes that matter. Their mission, in essence, is to serve as a bridge between caring individuals and worthy causes, ensuring that the funds established for charitable purposes are managed responsibly. The foundation makes prudent investment decisions and establishes a spending policy that aligns with the donors' intentions. Operating for the public benefit, the Community Foundation for the Land of Lincoln strives to administer and distribute philanthropic funds effectively, contributing positively to several Illinois counties.

    Impact

    This information is meant to be a general summary of Community Foundation For The Land Of Lincoln Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Community Foundation For The Land Of Lincoln Inc connects people who care with causes that matter by managing over 300 funds established for charitable purposes. Through prudent investment decision-making and the establishment of a spending policy consistent with donors' intentions, CFLL endeavors to administer and distribute philanthropic funds for the benefit of several Illinois counties.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-4,918,613
  • Program Service Revenue: $62,875
  • Gross Receipts: $39,335,687

    • Assets and Liabilities:
  • Total Assets: $63,880,076
  • Total Liabilities: $6,945,623
  • Net Assets: $56,934,453
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $62,875

    Organization Details

    Founding Year

    2007

    Principal Officer

    Kent Massie

    Main Address

    205 SOUTH 5TH STREET STE 530, SPRINGFIELD, IL, 62701

    NTEE Category

    Code: T30 - Philanthropy

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