2026-04-12T13:25:45+00:00 2025-06-30 331498605 Plante & Moran PLLC 250 SOUTH HIGH ST SUITE 100 COLUMBUS OH 43215 990 2024-07-01 341369714 THE LAKELAND FOUNDATION LAKE 4405257255 7700 CLOCKTOWER DRIVE KIRTLAND OH 44094 DAVID CUMMINS TREASURER 4405257255 2026-04-12 true true AMY CIMINELLO CPA P00796388 6148493000 2026-04-12 2024 2025-03-06 01:10:19Z DAVID CUMMINS 7700 CLOCKTOWER DRIVE KIRTLAND OH 44094 4558415 false X WWW.LAKELANDFOUNDATION.COM X 1981 OH THE LAKELAND FOUNDATION CREATES RELATIONSHIPS AND SOLICITS RESOURCES THROUGHOUT NORTHEAST OHIO AND FOCUSES THEM ON SUPPORTING LAKELAND COMMUNITY COLLEGE'S MISSION "TO PROVIDE QUALITY LEARNING OPPORTUNITIES TO MEET THE SOCIAL AND ECONOMIC NEEDS OF THE COMMUNITY." THE FOUNDATION HAS SUPPORTED THE COLLEGE IN THE AREAS OF 1) STUDENT SCHOLARSHIPS AND GRANTS, 2) FACULTY DEVELOPMENT AND TEACHING ENHANCEMENT PROGRAMS, AND 3) TECHNOLOGY UPGRADES AND SUPPORT TO BENEFIT STUDENTS AND/OR FACULTY. 36 36 0 90 0 1591944 976810 0 415039 558345 -14525 -60852 1992458 1474303 1032557 827781 0 0 0 0 321993 127452 1354550 955233 637908 519070 12283288 13440221 32014 17603 12251274 13422618 THE LAKELAND FOUNDATION CREATES RELATIONSHIPS AND SOLICITS RESOURCES THROUGHOUT NORTHEAST OHIO AND FOCUSES THEM ON SUPPORTING LAKELAND COMMUNITY COLLEGE'S MISSION "TO PROVIDE QUALITY LEARNING OPPORTUNITIES TO MEET THE SOCIAL AND ECONOMIC NEEDS OF THE COMMUNITY." THE FOUNDATION HAS SUPPORTED THE COLLEGE IN THE AREAS OF 1) STUDENT SCHOLARSHIPS AND GRANTS, 2) FACULTY DEVELOPMENT AND TEACHING ENHANCEMENT PROGRAMS, AND 3) TECHNOLOGY UPGRADES AND SUPPORT TO BENEFIT STUDENTS AND/OR FACULTY. false false 827781 827781 0 ALTHOUGH PROGRAM EXPENSES ARE COMBINED, THE FOUNDATION HAS SUCCESSFULLY SUPPORTED THE COLLEGE IN THE THREE AREAS DESCRIBED BELOW: 1) STUDENT SCHOLARSHIPS AND GRANTS - THE FOUNDATION'S GOAL IS TO ENSURE THAT NO AREA STUDENT IS DEPRIVED OF A LAKELAND COMMUNITY COLLEGE EDUCATION FOR FINANCIAL REASONS. WHILE THERE ARE A NUMBER OF GOVERNMENT GRANTS AND LOANS AVAILABLE TO STUDENTS, THIS ASSISTANCE IS NOT AVAILABLE TO ALL STUDENTS AND ALMOST NEVER PAYS THE FULL COST OF AN EDUCATION. MANY OF CC'S STUDENTS ARE OFTEN ALREADY WORKING BUT SIMPLY, NO MATTER HOW HARD THEY TRY, LACK SUFFICIENT RESOURCES TO PAY THE ENTIRE COST OF TUITION AND BOOKS. THE FOUNDATION PROVIDES SCHOLARSHIP ASSISTANCE TO THESE STUDENTS TO BRIDGE THE GAP. 2) FACULTY DEVELOPMENT AND TEACHING ENHANCEMENT PROGRAMS - A DISTINGUISHING MARK OF LCC'S FACULTY IS THE QUALITY OF THEIR TEACHING AND COMMITMENT TO INNOVATION IN THE CLASSROOM AND COMMUNITY. THE FOUNDATION SUPPORTS THESE EFFORTS BY AWARDING FACULTY GRANTS FOR NEW COURSE/PROJECT DEVELOPMENT, COLLABORATIONS WITH COMMUNITY AND PROFESSIONAL ORGANIZATIONS, AND PROFESSIONAL DEVELOPMENT. 3) TECHNOLOGY UPGRADES AND SUPPORT TO BENEFIT FACULTY AND/OR STUDENTS - TRAINING AND DEVELOPING STUDENTS FOR THE "KNOWLEDGE ECONOMY" CANNOT TAKE PLACE WITHOUT REGULAR ACCESS TO STATE-OF-THE-ART EQUIPMENT, SOFTWARE AND THE INTERNET. STUDENTS WHO CAN BARELY AFFORD TUITION OFTEN DO NOT HAVE RESOURCES FOR A COMPUTER THAT IS REQUIRED FOR CLASSWORK, ESPECIALLY ONLINE COURSES. THE FOUNDATION AWARDS STUDENT GRANTS TO HELP THEM PURCHASE EQUIPMENT, SOFTWARE, AND MAINTAIN INTERNET CONNECTIONS. THE FOUNDATION ALSO PROVIDES FUNDING FOR CLASSROOM TECHNOLOGY UPGRADES SO THAT STUDENTS AND FACULTY HAVE ACCESS TO AND EXPERIENCE ON STATE-OF-THE-ART EQUIPMENT SPECIFIC TO THE MANY PROGRAMS OF INSTRUCTION THE COLLEGE OFFERS. 827781 true true false true false false false false false true false false false false false false true false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false false false false true 31 0 true 0 false false false false false false false false false false false false X 36 36 false false false false false false false true true false false false true true true true false true true true false false X DAVID CUMMINS 4405257255 7700 CLOCKTOWER DRIVE KIRTLAND OH 44094 JON J SNYDER CHAIRPERSON 1.0 0.0 X X 0 0 0 KA-PI HOH PHD BOARD CHAIRPERSON 2.0 0.0 X X 0 0 0 WENDY F ZELE VICE CHAIRPERSON 1.0 0.0 X X 0 0 0 ALYSON SCOTT BOARD MEMBER 1.0 0.0 X 0 0 0 BRENDON TRIPODO BOARD MEMBER 1.0 0.0 X 0 0 0 BRENT BUCKLEY BOARD MEMBER 1.0 0.0 X 0 0 0 BRUCE J CHANTRY BOARD MEMBER 1.0 0.0 X 0 0 0 CHRISTINE SOMMER-RILEY BOARD MEMBER 1.0 0.0 X 0 0 0 CHRISTOPHER HESS BOARD MEMBER 1.0 0.0 X 0 0 0 DEBORAH B FRIEDMAN MD BOARD MEMBER - Part Year 0.0 0.0 X 0 0 0 DEDE STORER BOARD MEMBER 1.0 0.0 X 0 0 0 DENNIS E ECKART BOARD MEMBER 1.0 0.0 X 0 0 0 DONALD J DAILEY BOARD MEMBER 1.0 0.0 X 0 0 0 DR STEVEN TSENGAS BOARD MEMBER 1.0 0.0 X 0 0 0 GREGORY G YOUNG DPM BOARD MEMBER 1.0 0.0 X 0 0 0 HOWARD S RABB BOARD MEMBER 1.0 0.0 X 0 0 0 JACK C CORNACHIO BOARD MEMBER 1.0 0.0 X 0 0 0 JANET MAJKA BOARD MEMBER 1.0 0.0 X 0 0 0 JANIS THIEDEMANN BOARD MEMBER 1.0 0.0 X 0 0 0 JERRIE LEE RISPOLI BOARD MEMBER 1.0 0.0 X 0 0 0 JOANNE FULTON BOARD MEMBER 1.0 0.0 X 0 0 0 K MICHAEL BENZ BOARD MEMBER 1.0 0.0 X 0 0 0 KATHLEEN T MALEC DA E BOARD MEMBER - PART YEAR 1.0 0.0 X 0 0 0 KIP L MOLENAAR BOARD MEMBER - PART YEAR 1.0 0.0 X 0 0 0 LESLIE S JOHNS ESQ BOARD MEMBER 1.0 0.0 X 0 0 0 MAHA GEMAYEL BOARD MEMBER 1.0 0.0 X 0 0 0 MARK R RUTH BOARD MEMBER - PART YEAR 1.0 0.0 X 0 0 0 MICHAEL D THOMAS BOARD MEMBER 1.0 0.0 X 0 0 0 NICOLE MCKINNEY-JOHNSON BOARD MEMBER 1.0 0.0 X 0 0 0 NOREEN KOPPELMAN-GOLDSTEIN BOARD MEMBER 1.0 0.0 X 0 0 0 PETER B CLAUSEN BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD J STARK BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD M OSBORNE JR BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHEN CAMPBELL BOARD MEMBER 1.0 0.0 X 0 0 0 SUNIL AHUJA BOARD MEMBER 1.0 0.0 X 0 0 0 THOMAS W BENDA BOARD MEMBER 1.0 0.0 X 0 0 0 TINA BARNAUSKAS BOARD MEMBER 1.0 0.0 X 0 0 0 VALISSA TURNER HOWARD BOARD MEMBER 1.0 0.0 X 0 0 0 VERONICA I DAHLBERG BOARD MEMBER 1.0 0.0 X 0 0 0 WILLIAM M BOWERS BOARD MEMBER 1.0 0.0 X 0 0 0 David Cummins Treasurer 3.0 0.0 X 0 0 0 GREGORY L SANDERS EXECUTIVE DIRECTOR 20.0 0.0 X 59978 0 12196 John Crooks Secretary 3.0 0.0 X 0 0 0 Tina Baucher Executive Director 20.0 0.0 X 41287 0 6371 Victoria Shcherbakov Deputy Treasurer 3.0 3.0 X 0 0 0 101265 0 18567 0 false false true 0 65458 911352 976810 0 0 0 0 0 391640 391640 0 0 3171638 3004933 166705 0 166705 166705 18327 65458 79179 -60852 -60852 0 0 0 0 0 1474303 0 0 497493 249771 249771 578010 578010 27390 27390 42312 42312 42490 0 42490 0 630 630 5730 5730 GEN. & IMPROV. SUPPORT 8900 8900 0 0 0 0 955233 827781 127452 0 86344 85148 516460 534564 479676 468497 28621 28708 0 0 0 0 47119 46140 6563 0 0 0 0 0 11118505 12277164 0 0 0 0 12283288 13440221 32014 17603 0 0 0 0 0 0 32014 17603 411800 543038 11839474 12879580 X 12251274 13422618 12283288 13440221 X 519070 660153 -7878 X X false true true false X 1153927 1740481 3699140 1591944 976810 9162302 0 0 1153927 1740481 3699140 1591944 976810 9162302 2673731 6488571 88420 105405 175128 345602 391640 1106195 0 27556 60334 55505 74910 18327 236632 10505129 0 0.61766 0.60354 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 27556.0, COLUMN B - 60334.0, COLUMN C - 55505.0, COLUMN D - 74910.0, COLUMN E - 18327.0, COLUMN F - 236632.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 163242 0 0 163242 244863 7875 0 0 7875 40811 0 0 40811 61216 0 0 0 9907067 147481 1135455 314222 42041 10833740 8620433 490808 1091877 259213 36838 9907067 5654465 2490585 706458 201546 29529 8620433 5926873 864801 -889695 214894 32620 5654465 4529863 217765 1375184 170072 25867 5926873 0.01 0.75 0.24 false false 2450103 660153 341968 15991 1018112 1431991 42312 0 42312 1474303 1278759 341968 23868 365836 912923 42312 0 42312 955235 Schedule D, Part V, Line 4 Intended uses of endowment funds THE SPENDING ALLOCATIONS FROM THE ENDOWMENT FUNDS ARE PRIMARILY EARMARKED BY DONOR RESTRICTION FOR SCHOLARSHIPS AND EDUCATIONAL & RELATED PROGRAMS, WITH LESS THAN 1% EARMARKED FOR FOUNDATION UNDESIGNATED NEEDS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSE - 15991 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 fundraising expense - 15990 Bad Debt Expense - 7878 - GOLF OUTING 65459 21598 43861 4238 2271 9920 3338 2225 CRAFT FAIR 10597 10597 300 419 733 0 76056 21598 54458 4238 2271 10220 3757 2958 23444 31014 true LAKELAND COMMUNITY COLLEGE 7700 CLOCKTOWER KIRTLAND OH 44094 341011011 115 177260 72511 COMPARABLE Equipment EDUCATIONAL & RELATED PROGRAMS 1 0 TEACHING AWARDS 9 5500 0 N/A N/A SCHOLARSHIPS 513 572510 0 N/A N/A Schedule I, Part I, Line 2 The Lakeland Foundation's Faculty Challenge Grant Program was established to facilitate innovative and creative activities for improvement of instruction, learning, and professional development that contribute to the needs of the institution through grants awarded to Lakeland Community College faculty. The amount of funding available in each academic year for Faculty Challenge Grants is approved from the Foundation's annual operating budget by The Lakeland Foundation Board of Directors. Faculty Challenge Grants are intended to provide resources for the development, provision of, and access to innovative programs and projects proposed by Lakeland faculty that may fall outside the scope of the college's operating budget. Grants are available to both full-time and part-time faculty in all departments and divisions. Scholarships/grants to individuals are directly applied to their school accounts. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE LAKELAND FOUNDATION'S FACULTY CHALLENGE GRANT PROGRAM WAS ESTABLISHED TO FACILITATE INNOVATIVE AND CREATIVE ACTIVITIES FOR IMPROVEMENT OF INSTRUCTION, LEARNING, AND PROFESSIONAL DEVELOPMENT THAT CONTRIBUTE TO THE NEEDS OF THE INSTITUTION THROUGH GRANTS AWARDED TO LAKELAND COMMUNITY COLLEGE FACULTY. THE AMOUNT OF FUNDING AVAILABLE IN EACH ACADEMIC YEAR FOR FACULTY CHALLENGE GRANTS IS APPROVED FROM THE FOUNDATION'S ANNUAL OPERATING BUDGET BY THE LAKELAND FOUNDATION BOARD OF DIRECTORS. FACULTY CHALLENGE GRANTS ARE INTENDED TO PROVIDE RESOURCES FOR THE DEVELOPMENT, PROVISION OF, AND ACCESS TO INNOVATIVE PROGRAMS AND PROJECTS PROPOSED BY LAKELAND FACULTY THAT MAY FALL OUTSIDE THE SCOPE OF THE COLLEGE'S OPERATING BUDGET. GRANTS ARE AVAILABLE TO BOTH FULL-TIME AND PART-TIME FACULTY IN ALL DEPARTMENTS AND DIVISIONS. SCHOLARSHIPS/GRANTS TO INDIVIDUALS ARE DIRECTLY APPLIED TO THEIR SCHOOL ACCOUNTS. false false false false false false false false false Schedule J, Part III FORM 990, PART VII, LINE 5: GREGORY L. SANDERS AND TINA BAUCHER ARE COMPENSATED BY LAKELAND COMMUNITY COLLEGE, AN UNRELATED ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FOUNDATION'S FORM 990 IS PROVIDED TO THE BOARD'S EXECUTIVE COMMITTEE TO REVIEW ON BEHALF OF THE BOARD OF DIRECTORS BY ITS CODE OF REGULATIONS. THE EXECUTIVE COMMITTEE OF THE LAKELAND FOUNDATION BOARD, COMPOSED OF THE OFFICERS, PRESIDENT OF THE COLLEGE, AND ONE DIRECTOR-AT-LARGE, CAN "FORMULATE RECOMMENDATIONS FOR THE FULL BOARD AND TAKE SUCH INTERIM ACTIONS ON BEHALF OF THE FOUNDATION AS IT DEEMS NECESSARY" BY VOTE OF A MAJORITY OF A QUORUM. Form 990, Part VI, Line 12c Conflict of interest policy AS PART OF THE PROCEDURE, AN ANNUAL STATEMENT OF DISCLOSURE MUST BE SIGNED ANNUALLY BY EACH DIRECTOR, OFFICER, SELECTED EMPLOYEE, OR MEMBER WHICH AFFIRMS THAT EACH PERSON HAS READ, UNDERSTANDS THE DOCUMENTS, AND AGREES TO COMPLY WITH THE POLICY AND PROCEDURE. THE FORMS ARE COLLECTED AND MAINTAINED IN THE FOUNDATION OFFICE. Form 990, Part VI, Line 15a Process to establish compensation of top management official ALL FOUNDATION STAFF MEMBERS, INCLUDING ITS EXECUTIVE DIRECTOR, ARE LAKELAND COMMUNITY COLLEGE EMPLOYEES. THE COLLEGE'S HUMAN RESOURCES DEPARTMENT IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND RECOMMENDING COMPENSATION LEVELS FOR THE COLLEGE'S TOP OFFICIALS. THE DEPARTMENT REGULARLY REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. ANY COST SHARING BY THE FOUNDATION FOR COLLEGE EMPLOYEE PAYROLL IS REVIEWED AND APPROVED BY THE FOUNDATION EXECUTIVE COMMITTEE. Form 990, Part VI, Line 15b Process to establish compensation of other employees NA Form 990, Part VI, Line 19 Required documents available to the public THE LAKELAND FOUNDATION IS RELATED TO LAKELAND COMMUNITY COLLEGE, A POLITICAL SUBDIVISION OF THE STATE OF OHIO. ACCORDINGLY, THE FOUNDATION'S FINANCIALS ARE REVIEWED BY THE STATE OF OHIO AUDITOR'S OFFICE, WHICH POSTS THE FOUNDATION'S AUDIT ON ITS WEBSITE. THE FOUNDATION'S GOVERNANCE AND KEY POLICY DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNCOLLECTIBLE PLEDGES - -7878; Total - -7878; Form 990, Part XII, Line 2c Change of oversight process or selection process NA Schedule C, Part II-A THERE WERE NO LOBBYING EXPENSES INCURRED DURING THE FISCAL YEAR ENDED JUNE 30, 2025.