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Lake Superior State University Foundation

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

EIN: 382576021 ✦ Sault ste marie, MI ✦ Designated as a 501(c)(3)

Overview

What is Lake Superior State University Foundation?

The Lake Superior State University Foundation is a dedicated nonprofit organization situated in Sault Ste Marie, Michigan. Its primary role is to foster, receive, manage, and distribute private donations and contributions, all aimed at benefiting Lake Superior State University. By doing so, the foundation aims to contribute positively to the university's growth and development.


Official website here: www.foundation.lssu.edu

Is Lake Superior State University Foundation legitimate?

Lake Superior State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior State 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: $108,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,081

For more financial information, click here


Official website here: www.foundation.lssu.edu

What is the mission statement of Lake Superior State University Foundation?

The Lake Superior State University Foundation's mission is centered around promoting, receiving, managing, and distributing donations and contributions with the primary objective of benefiting Lake Superior State University. The foundation serves to enhance the university's resources and capabilities through the management of private contributions. Its role is crucial in supporting the educational and developmental needs of the university, contributing to its overall growth and success.


Official website here: www.foundation.lssu.edu

Who is the CEO of Lake Superior State University Foundation?

Scott P Smith is the Secretary Of Board/Coord Donor Relations of Lake Superior State University Foundation.


Official website here: www.foundation.lssu.edu

What is the revenue of Lake Superior State University Foundation?

Lake Superior State University Foundation's revenue in 2023 was $3,637,982.


Official website here: www.foundation.lssu.edu

Who are the executives of Lake Superior State University Foundation and what are their salaries?

Here are 24 key members and their salaries:

    Sharon Dorrity (Secretary Of Board/Coord Donor Relations)
  • Compensation: $0
  • Related: $38,814
  • Other: $0

    • Scott P Smith (Vice President Of Advancement)
  • Compensation: $0
  • Related: $29,477
  • Other: $0

    • Edward F Smith (Chair & Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Andary (Board Member-Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • H James Bourque (Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Joseph Breed (Board Member-Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Damiano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Day (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Haapala (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Jahn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kjolhede (Board Member-Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca C Novo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael O'Toole (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas G Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Saunders (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Schmidt (Board Member-Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Wyse (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Walworth (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lynn Gillette (Second Vice Chair/Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Barch (Board Member/Ex-Officio Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Pingatore (Board Member/Ex-Officio Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nafez Alayn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney S Hanley (Second Vice Chair/Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.lssu.edu

    Where can I find the form 990 for Lake Superior State University Foundation?

    The Lake Superior State University Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.foundation.lssu.edu

    Learn more at the official website: www.foundation.lssu.edu

    Mission Statement of Lake Superior State University Foundation

    The Lake Superior State University Foundation's primary role is to advance and support Lake Superior State University by collecting, managing, and distributing donations and contributions. This nonprofit organization is dedicated to enhancing the university's wellbeing through the strategic use of philanthropic contributions. By promoting donations and ensuring their effective management and distribution, the Lake Superior State University Foundation plays a crucial role in fostering the growth and development of the university.

    Impact

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




    Saturday, July 20, 2024

    Lake Superior State University Foundation's impact lies in its crucial role in supporting Lake Superior State University's mission and goals. By promoting, receiving, managing, and disbursing donations and contributions, the Foundation enables the university to enhance its educational offerings, support students, and advance research initiatives. This contribution is vital in fostering academic excellence and ensuring the long-term sustainability of Lake Superior State University as a prominent educational institution in Sault Ste. Marie, MI.





    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 2023.

  • Investment Income: $913,696
  • Program Service Revenue: $0
  • Gross Receipts: $3,809,420

    • Assets and Liabilities:
  • Total Assets: $25,784,435
  • Total Liabilities: $45,750
  • Net Assets: $25,738,685
  • Organization Details

    Founding Year

    1983

    Principal Officer

    Scott P Smith

    Main Address

    650 West Easterday Avenue, Sault Ste Marie, MI, 49783

    NTEE Category

    Code: B43I - Education

    If you are a representative of Lake Superior State 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.