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Lake Area Technical College Foundation

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

EIN: 363860861 ✦ Watertown, SD ✦ Designated as a 501(c)(3)

Overview

What is Lake Area Technical College Foundation?

The Lake Area Technical College Foundation is a nonprofit organization committed to securing private donations that benefit Lake Area Technical College. This includes funding for scholarships and college improvements. By raising funds from the private sector, the foundation helps deserving students access education and invests in the college's infrastructure.


Official website here: www.lakeareatech.edu

Is Lake Area Technical College Foundation legitimate?

Lake Area Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Area Technical College 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: $153,683

For more financial information, click here


Official website here: www.lakeareatech.edu

What is the mission statement of Lake Area Technical College Foundation?

The Lake Area Technical College Foundation is dedicated to securing private sector donations for Lake Area Technical College. These contributions are earmarked for scholarships and campus enhancements. The Foundation's primary role is to facilitate financial support to benefit the educational institution. Through its fundraising efforts, the organization provides opportunities for students and contributes to the overall improvement of the college. By gathering resources from the private sector, the Foundation plays a crucial role in enhancing the learning experience and furthering the mission of Lake Area Technical College.


Official website here: www.lakeareatech.edu

Who is the CEO of Lake Area Technical College Foundation?

Tracy Buisker is the President of Lake Area Technical College Foundation.


Official website here: www.lakeareatech.edu

What is the revenue of Lake Area Technical College Foundation?

Lake Area Technical College Foundation's revenue in 2022 was $15,847,172.


Official website here: www.lakeareatech.edu

Who are the executives of Lake Area Technical College Foundation and what are their salaries?

Here are 19 key members and their salaries:

    Morgan Johnson (Development)
  • Compensation: $64,846
  • Related: $0
  • Other: $0

    • Tracy Buisker (Executive Di)
  • Compensation: $51,550
  • Related: $0
  • Other: $0

    • Adam Koplin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Boomsma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Dede (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah Stelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooks Jacobsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brig Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kris Munger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Kleinjan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Turbak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Vanlaecken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Gauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kasey Chapin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Wollschlager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Brenden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Schoenbeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lakeareatech.edu

    Where can I find the form 990 for Lake Area Technical College Foundation?

    The Lake Area Technical College Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lakeareatech.edu

    Learn more at the official website: www.lakeareatech.edu

    Mission Statement of Lake Area Technical College Foundation

    Lake Area Technical College Foundation is a dedicated organization that works tirelessly to secure private sector contributions for the benefit of Lake Area Technical College. Its primary mission is to generate funds for scholarships and enhancements that support the educational institution in question. By doing so, it plays a vital role in expanding opportunities for students and advancing the overall development of Lake Area Technical College. Through its relentless fundraising efforts, the organization contributes significantly to the academic journey of numerous students, enabling them to pursue their dreams and make a difference in their communities. Additionally, it invests in the college's infrastructure, ensuring a conducive learning environment that fosters innovation and growth.

    Impact

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




    Thursday, August 15, 2024

    Lake Area Technical College Foundation has a significant impact on Lake Area Technical College by raising private sector contributions for scholarships and improvements. This support directly benefits students by providing financial assistance and helping the college enhance its facilities and programs. Through its efforts, the foundation plays a crucial role in promoting education and facilitating the success of students at Lake Area Technical College.





    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: $574,909
  • Program Service Revenue: $0
  • Gross Receipts: $17,362,609

    • Assets and Liabilities:
  • Total Assets: $28,796,845
  • Total Liabilities: $995,392
  • Net Assets: $27,801,453
  • Organization Details

    Founding Year

    1992

    Principal Officer

    Tracy Buisker

    Main Address

    1201 ARROW AVE NE, WATERTOWN, SD, 57201

    NTEE Category

    Code: B82 - Education

    If you are a representative of Lake Area Technical College 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.