Nonprofit · EIN 20-8848357
LEE INC
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $24,942,196 | $24,663,528 | $278,668 | $3,596,167 | $3,974,350 | -$378,183 |
| December 31, 2023 | 990 | $17,874,100 | $18,178,915 | -$304,815 | $3,691,580 | $2,628,445 | $1,063,135 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,679,819
- Program service revenue
- $1,207,696
- Investment income
- $0
- Other revenue
- $54,681
Expenses
- Grants and similar amounts paid
- $1,824,925
- Compensation of officers, directors and key employees
- $1,957,930
- Other salaries and wages
- $11,064,549
- Salaries, compensation and benefits (total)
- $15,752,040
- Professional fundraising fees
- $0
- Legal fees
- $192,501
- Accounting fees
- $104,259
- Occupancy
- $203,680
- Travel
- $1,234,929
- Program services (functional)
- $22,338,584
- Management and general (functional)
- $2,212,795
- Fundraising (functional)
- $112,149
Balance sheet and other
- Total assets, start of year
- $3,691,580
- Total assets, end of year
- $3,596,167
- Total liabilities, end of year
- $3,974,350
- Net assets, end of year
- -$378,183
- Net assets without donor restrictions
- -$378,183
- Gross receipts
- $24,942,196
- Employees
- 143
- Volunteers
- 3
- Year formed
- 2006
- State of legal domicile
- DE
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL BUMAN | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $432,697 | $35,750 |
| MILDRED OTERO | PRESIDENT, LEE Key employee | 40 | $398,359 | $44,799 |
| CHRISTINE GREEN | SECRETARY/TREASURER, VP GENERAL COUNSEL Officer | 40 | $234,181 | $48,621 |
| SARAH MCLEAN | SENIOR VICE PRESIDENT, PARTNERSHIPS & INFRASTRUCTU Key employee | 40 | $258,504 | $10,185 |
| SHERYL LEO | VICE PRESIDENT, TALENT, LEARNING, & CULTURE Key employee | 40 | $215,806 | $46,011 |
| STEVEN FRANCISCO | VICE PRESIDENT, TECHNOLOGY Highest-paid employee | 40 | $208,836 | $46,534 |
| CAROLINE ALLEN | SENIOR VICE PRESIDENT, MEMBER IMPACT (LEARNING) Highest-paid employee | 40 | $196,523 | $43,309 |
| NAMRATA PATEL | VICE PRESIDENT, MEMBER MARKETING Highest-paid employee | 40 | $211,024 | $23,726 |
| CARL S ZARAGOZA | SENIOR VICE PRESIDENT, MEMBER IMPACT Key employee | 40 | $185,749 | $47,267 |
| MARCUS CENICEROS | VICE PRESIDENT, REGIONAL IMPACT Highest-paid employee | 40 | $194,347 | $12,720 |
| LISA M ALLARD | SENIOR DIRECTOR, STRATEGY Highest-paid employee | 40 | $193,567 | $9,681 |
| EMMA BLOOMBERG | CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| ELISA VILLANUEVA BEARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARTHUR ROCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL BUMAN | CEO & EXECUTIVE DIRECTOR/DIRECTOR Trustee or director, Officer | 40 | $396,352 | $33,002 |
| MILDRED OTERO | PRESIDENT Key employee | 40 | $329,265 | $53,617 |
| CHRISTINE GREEN | SECRETARY/TREASURER, VP GENERAL COUNSEL Officer | 40 | $214,300 | $56,769 |
| SARAH K MCLEAN | SENIOR VICE PRESIDENT, PARTNERSHIPS & INFRASTRUCTU Key employee | 40 | $225,122 | $45,418 |
| SHERYL LEO | VICE PRESIDENT, TALENT, LEARNING, & CULTURE Key employee | 40 | $203,712 | $44,656 |
| LORI TURNER | SENIOR ADVISER - SPECIAL PROJECTS Key employee | 40 | $192,540 | $48,707 |
| NAMRATA ARVINDBHAI PATEL | VICE PRESIDENT, MARKETING & COMMUNICATIONS Key employee | 40 | $214,618 | $25,278 |
| CAROLINE ALLEN | VICE PRESIDENT, LEADERSHIP DEVELOPMENT & DESIGN Key employee | 40 | $184,032 | $40,185 |
| CARL S ZARAGOZA | VICE PRESIDENT, ELECTED LEADERSHIP Key employee | 40 | $172,875 | $47,057 |
| STEVEN OSVALDO FRANCISCO | VICE PRESIDENT, TECHNOLOGY Key employee | 40 | $200,961 | $18,657 |
| LISA M ALLARD | SENIOR DIRECTOR, STRATEGY Highest-paid employee | 40 | $184,369 | $27,672 |
| ELIZABETH GUCKIAN | SENIOR DIRECTOR, REGIONAL IMPACT Highest-paid employee | 40 | $159,817 | $49,233 |
| JOHNNY CAPERS | SENIOR DIRECTOR, FINANCE Highest-paid employee | 40 | $175,805 | $20,858 |
| TAYLOR M STEWART | VICE PRESIDENT, PLATFORMS Key employee | 40 | $151,886 | $41,840 |
| JOHN R SALSBURY | SENIOR DIRECTOR, ELECTED LEADERSHIP DEVELOPMENT Highest-paid employee | 40 | $156,873 | $33,383 |
| CASSIOPIA BLAUSEY | VICE PRESIDENT, POLICY, ADVOCACY, & ORGANIZING Highest-paid employee | 40 | $148,280 | $32,479 |
| EMMA BLOOMBERG | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| ELISA VILLANUEVA BEARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARTHUR ROCK | DIRECTOR (FROM JUNE 2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 800 N KING ST STE 304 PMB 4181, WILMINGTON, DE 19801-3549
- Principal officer (990 for 2024)
- MICHAEL BUMAN, 800 N KING ST SUITE 304-4181, WILMINGTON, DE 19801
- Signed the 990
- MICHAEL BUMAN, CEO & EXECUTIVE DIRECTOR
- Phone
- (202) 734-3716
- Website
- WEARELEE.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
AS A LEADERSHIP DEVELOPMENT ORGANIZATION, LEE SUPPORTS LEADERS TO ENGAGE CIVICALLY AND INCREASE ACCESS AND OPPORTUNITY IN THEIR COMMUNITIES
Program accomplishments
- LEADERSHIP DEVELOPMENT: LEE DEVELOPS LEE MEMBERS TO ENGAGE CIVICALLY WITHIN THEIR COMMUNITIES AND ACROSS THE NATION. LEE IS A SOURCE OF LEADERS WHO: 1. BELIEVE DEEPLY IN THE POTENTIAL OF ALL CHILDREN AND 2. WORK TO OVERCOME BARRIERS THAT LIMIT ACCESS AND OPPORTUNITY. LEE STRIVES TO INSPIRE OUR MEMBERS TO WORK WITH COMMUNITIES TO INCREASE ACCESS AND OPPORTUNITY. LEE ACCOMPLISHES THESE GOALS BY PROVIDING TRAININGS, FELLOWSHIPS, AND COACHING TO SUPPORT MEMBERS' CIVIC ENGAGEMENT. A SIGNIFICANT PORTION OF THOSE TRAININGS, FELLOWSHIPS AND COACHING ARE CHARITABLE AND EDUCATIONAL, AS THOSE TERMS ARE DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.Expenses $22,338,584 · grants $1,824,925 · revenue $1,207,696
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8848357
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $3,596,167
- Income (IRS master file)
- $24,942,196
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $24,942,196 | $24,663,528 | $3,596,167 | XML |
| 990 | December 2023 | $17,874,100 | $18,178,915 | $3,691,580 | XML |
| 990 | December 2022 | $15,553,361 | $19,266,676 | $3,978,172 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 20-8848357).
Questions about LEE INC
- What is the EIN of LEE INC?
- The employer identification number (EIN) of LEE INC is 20-8848357.
- Is LEE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
- Are donations to LEE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LEE INC 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 LEE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEE INC?
- The 990 for the year ended December 31, 2024 names MICHAEL BUMAN.
- Who are the officers and directors of LEE INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 11 received compensation from the organization, the highest $432,697 (MICHAEL BUMAN, EXECUTIVE DIRECTOR).
- How much revenue does LEE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $24,942,196, expenses of $24,663,528 and total assets of $3,596,167 at year end.
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