Nonprofit · EIN 20-3654399
LAKE COUNTY COMMUNITY FOUNDATION
Tax-exempt · GRAYSLAKE, IL 60030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,194,383 | $3,152,056 | -$957,673 | $26,906,757 | $345,855 | $26,560,902 |
| September 30, 2024 | 990 | $3,770,565 | $2,823,875 | $946,690 | $25,353,374 | $284,980 | $25,068,394 |
| September 30, 2023 | 990 | $4,808,735 | $2,621,096 | $2,187,639 | $20,485,729 | $249,292 | $20,236,437 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,438,468
- Program service revenue
- $308,638
- Investment income
- -$552,723
- Net gain from sales of assets
- -$1,240,176
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,621,985
- Compensation of officers, directors and key employees
- $133,199
- Other salaries and wages
- $512,565
- Salaries, compensation and benefits (total)
- $782,050
- Professional fundraising fees
- $0
- Accounting fees
- $34,082
- Occupancy
- $20,033
- Depreciation
- $2,451
- Program services (functional)
- $2,382,922
- Management and general (functional)
- $489,022
- Fundraising (functional)
- $280,112
Balance sheet and other
- Total assets, start of year
- $25,353,374
- Total assets, end of year
- $26,906,757
- Total liabilities, end of year
- $345,855
- Net assets, end of year
- $26,560,902
- Land, buildings and equipment
- $3,267
- Publicly traded securities
- $23,954,488
- Net assets without donor restrictions
- $1,712,812
- Net assets with donor restrictions
- $24,848,090
- Gross receipts
- $13,272,437
- Employees
- 7
- Volunteers
- 30
- Year formed
- 2005
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAGGIE MORALES | EXECUTIVE DI Officer | 40 | $133,199 | $13,560 |
| KRIS HOULT | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MALCOLM NEWSOME | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| NADINE JOHNSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMBER WEBB | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JEANNE ANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE BOYD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE BUGG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA COWHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN GIBBONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOPILTZIN GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PASTOR AMY HEINRICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINALD JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALI O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER SANNES | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SONNIER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARAH MORALES | EXECUTIVE DI Officer | 40 | $118,973 | $29,449 |
| STEVEN BUGG | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MALCOLM NEWSOME | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| NADINE JOHNSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIFFANY ALEXANDER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JEANNE ANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE BOYD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA COWHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN GIBBONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOPILTZIN GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PASTOR AMY HEINRICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRIS HOULT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINALD JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALI O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER SANNES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SONNIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMBER WEBB | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH MORALES | EXECUTIVE DI Officer | 40 | $109,292 |
| STEVEN BUGG | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| MALCOLM NEWSOME | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| NADINE JOHNSON | TREASURER Trustee or director, Officer | 1 | $0 |
| TIFFANY ALEXANDER | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEANNE ANG | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE BOYD | DIRECTOR Trustee or director | 1 | $0 |
| LISA COWHEY | DIRECTOR Trustee or director | 1 | $0 |
| REV DR ROBERT A DAVIS | DIRECTOR Trustee or director | – | $0 |
| STEVE FOX | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GIBBONS | DIRECTOR Trustee or director | 1 | $0 |
| PASTOR AMY HEINRICH | DIRECTOR Trustee or director | 1 | $0 |
| KRIS HOULT | DIRECTOR Trustee or director | 1 | $0 |
| TOPILTZIN GOMEZ | DIRECTOR Trustee or director | 1 | $0 |
| ALI O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER SANNES | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SONNIER | DIRECTOR Trustee or director | 1 | $0 |
| REGINALD JONES | DIRECTOR Trustee or director | 1 | $0 |
| AMBER WEBB | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 UNIVERSITY CENTER DR 333, GRAYSLAKE, IL 60030-2614
- In care of
- % THE CHICAGO COMMUNITY TRUST
- Principal officer (990 for 2024)
- KRIS HOULT, 622 SCHOOL ST, LIBERTYVILLE, IL 60048
- Signed the 990
- NADINE JOHNSON, TREASURER
- Phone
- (847) 377-0520
- Website
- WWW.LAKECOUNTYCF.ORG
- Return prepared by
- ESTEP BURKEY SIMMONS LLC
Mission
THE LAKE COUNTY COMMUNITY FOUNDATION IS A NONPROFIT CORPORATION LOCATED IN LAKE COUNTY, ILLINOIS THAT WAS ESTABLISHED IN 2003 TO BRING TOGETHER PHILANTHROPISTS AND DONORS, DOLLARS AND IDEAS TO BUILD PERMANENT FUNDS TO BENEFIT LAKE COUNTY, ILLINOIS - TODAY AND FOR GENERATIONS TO COME.
Program accomplishments
- THE LAKE COUNTY COMMUNITY FOUNDATION IS A PHILANTHROPIC GRANTMAKING INSTITUTION IN LAKE COUNTY, ILLINOIS THAT GRANTS FUNDS TO CHARITABLE ORGANIZATIONS WITHIN A DESIGNATED CLASS OR PURPOSE.Expenses $2,382,922 · grants $1,621,985 · revenue $308,638
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-3654399
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $26,906,757
- Income (IRS master file)
- $13,272,437
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,194,383 | $3,152,056 | $26,906,757 | XML |
| 990 | September 2024 | $3,770,565 | $2,823,875 | $25,353,374 | IRS |
| 990 | September 2023 | $4,808,735 | $2,621,096 | $20,485,729 | XML |
| 990 | September 2022 | $7,776,857 | $4,025,060 | $17,830,952 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3654399).
Questions about LAKE COUNTY COMMUNITY FOUNDATION
- What is the EIN of LAKE COUNTY COMMUNITY FOUNDATION?
- The employer identification number (EIN) of LAKE COUNTY COMMUNITY FOUNDATION is 20-3654399.
- Is LAKE COUNTY COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LAKE COUNTY COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE COUNTY COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE COUNTY COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE COUNTY COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of LAKE COUNTY COMMUNITY FOUNDATION?
- The 990 for the year ended September 30, 2025 names KRIS HOULT.
- Who are the officers and directors of LAKE COUNTY COMMUNITY FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $133,199 (MAGGIE MORALES, EXECUTIVE DI).
- How much revenue does LAKE COUNTY COMMUNITY FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,194,383, expenses of $3,152,056 and total assets of $26,906,757 at year end.
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- EAP JR FOUNDATION EIN 93-4669807 · last filed 990-PF for 2025
- YODER ROSENBERG FAMILY FOUNDATION INC EIN 45-4377909 · last filed 990-PF for 2025
- PRAIRIEFIRE FOUNDATION EIN 30-0194379 · last filed 990-PF for 2026
- GRAYSLAKE LIBRARY FOUNDATION EIN 26-0859866 · last filed 990-EZ for 2025
- FINER ALLIANCE EIN 85-2633273 · last filed 990-N for 2024
- KATIBUGKIDS NFP EIN 20-5817450 · last filed 990-N for 2025
- COLLEGE OF LAKE COUNTY FOUNDATION EIN 36-2852334 · last filed 990 for 2025
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