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Lock Haven University Foundation

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

EIN: 237007734 ✦ Lock haven, PA ✦ Designated as a 501(c)(3)

Overview

What is Lock Haven University Foundation?

Lock Haven University Foundation is a nonprofit organization situated in Lock Haven, Pennsylvania, with an address at 300 Foundation Drive 212. Its primary mission is to support Lock Haven University's academic programs, focusing on facility upgrades, faculty enhancements, global honors programs, international education, science education, student enhancements, and intercollegiate athletics. To achieve this objective, the foundation works diligently to generate and manage resources for the benefit of the university and its students, ensuring a thriving educational environment. With a team of 14 dedicated individuals, the Lock Haven University Foundation makes a significant impact in nurturing and enriching the learning experience of the university's students.


Official website here: www.lhufoundation.org

Is Lock Haven University Foundation legitimate?

Lock Haven University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lock Haven University Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,782

For more financial information, click here


Official website here: www.lhufoundation.org

What is the mission statement of Lock Haven University Foundation?

The Lock Haven University Foundation's mission is centered around generating and managing resources, aiming to benefit Lock Haven University and its students. This mission is executed by supporting the university's academic programs, focusing on areas such as facility upgrades, faculty enhancements, global honors programs, international education, science education, student enhancements, and intercollegiate athletics, as outlined in the university's case for support.


Official website here: www.lhufoundation.org

Who is the CEO of Lock Haven University Foundation?

Jeffrey Parker is the Chair of Lock Haven University Foundation.


Official website here: www.lhufoundation.org

What is the revenue of Lock Haven University Foundation?

Lock Haven University Foundation's revenue in 2022 was $2,532,205.


Official website here: www.lhufoundation.org

Who are the executives of Lock Haven University Foundation and what are their salaries?

The average compensation at Lock Haven University Foundation during 2022 was $15,913. There are 14 employees at Lock Haven University Foundation.

Here are 18 key members and their salaries:

    Stephen Tasselli (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Ronald Bowes (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Berkebile (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Riter (Governance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Wright (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Lomison (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Nestlerode (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Miller (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Milton Stan Allen (Finance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Polly Spangler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Allison (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mona Mangan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Condino (Advancement Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annette Davis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Parker (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Laubscher (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Koehler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lhufoundation.org

    Where can I find the form 990 for Lock Haven University Foundation?

    The Lock Haven University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lhufoundation.org

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

    Mission Statement of Lock Haven University Foundation

    The Lock Haven University Foundation, as a nonprofit organization, is committed to procuring and managing resources for the advantage of Lock Haven University and its students. In line with this mission, the foundation supports the academic programs of the university, aligning with its case for support. This encompasses various areas such as facility upgrades, faculty enhancements, global honors programs, international education, science education, and student enhancements. Additionally, the foundation is involved in intercollegiate athletics, aiming to contribute to the overall development and success of Lock Haven University and its students.

    Impact

    This information is meant to be a general summary of Lock Haven University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lock Haven University Foundation plays a vital role in supporting Lock Haven University and its students by generating and managing resources. This support extends to various academic programs such as facility upgrades, faculty enhancements, global honors programs, international education, science education, student enhancements, and intercollegiate athletics. By providing financial assistance and resources, the foundation significantly impacts the university's educational offerings and opportunities for students.





    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: $1,099,336
  • Program Service Revenue: $526,442
  • Gross Receipts: $13,506,376

    • Assets and Liabilities:
  • Total Assets: $27,652,723
  • Total Liabilities: $13,661,955
  • Net Assets: $13,990,768
  • Programs

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

    SPECIAL EVENTS

    Revenue

    $265,117

    OTHER UNIVERSITY PROGRAMS

    Revenue

    $261,325

    Organization Details

    Founding Year

    1967

    Principal Officer

    Jeffrey Parker

    Main Address

    300 FOUNDATION DRIVE 212, LOCK HAVEN, PA, 17745

    NTEE Category

    Code: B43I - Education

    If you are a representative of Lock Haven University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.