Nonprofit · EIN 32-0419899
LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION
Tax-exempt (reinstated) · ELYRIA, OH 44035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $42,431 | $1,304 | $41,127 | $984,320 | $1,912 | $982,408 |
| June 30, 2024 | 990 | $12,873 | $1,129 | $11,744 | $791,396 | $0 | $791,396 |
| June 30, 2023 | 990 | $6,415 | $2,466 | $3,949 | $831,062 | $409 | $830,653 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $42,431
- Net gain from sales of assets
- $21,232
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $950
- Management and general (functional)
- $1,304
Balance sheet and other
- Total assets, start of year
- $791,396
- Total assets, end of year
- $984,320
- Total liabilities, end of year
- $1,912
- Net assets, end of year
- $982,408
- Publicly traded securities
- $355,980
- Net assets without donor restrictions
- $982,408
- Gross receipts
- $42,431
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- State of legal domicile
- OH
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRACY GREEN | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $266,740 | $49,130 |
| JONATHAN VOLPE | VICE PRESIDENT AND TREASURER Trustee or director | 0.25 | $0 | $242,081 | $50,059 |
| DENNIS COCCO | SECRETARY Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRACY GREEN | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $277,301 | $42,622 |
| JONATHAN VOLPE | VICE PRESIDENT AND TREASUR Trustee or director | 0.25 | $0 | $225,116 | $42,142 |
| DENNIS COCCO | SECRETARY Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRACY GREEN | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $269,889 | $45,600 |
| JONATHAN VOLPE | VICE PRESIDENT AND TREASUR Trustee or director | 0.25 | $0 | $223,610 | $41,125 |
| DENNIS COCCO | SECRETARY Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1005 NORTH ABBE ROAD CC226, ELYRIA, OH 44035-1613
- Principal officer (990 for 2024)
- TRACY GREEN, 1005 NORTH ABBE ROAD, ELYRIA, OH 44035
- Signed the 990
- JONATHAN VOLPE, VICE PRESIDENT&TREASURER
- Phone
- (440) 366-4073
- Return prepared by
- MALONEY NOVOTNY LLC
Mission
TO ASSIST LORAIN COUNTY COMMUNITY COLLEGE, OTHER OHIO INSTITUTIONS OF HIGHER EDUCATION, REGIONAL HOSPITALS, REGIONAL MUNICIPALITIES, AND REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS WITH SUPPORT FOR INNOVATION AND ECONOMIC ACTIVITIES FOR OHIO.
Program accomplishments
- PROVIDE FUNDING AND SUPPORT FOR INNOVATION AND ECONOMIC GROWTH IN OHIO IN SUPPORT OF AND IN COLLABORATION WITH LORAIN COUNTY COMMUNITY COLLEGE, OTHER OHIO INSTITUTIONS OF HIGHER EDUCATION, REGIONAL HOSPITALS, REGIONAL MUNICIPALITIES, AND REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS.0
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 32-0419899
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $984,320
- Income (IRS master file)
- $42,431
Revocation and reinstatement
- Exemption revoked
- November 15, 2016
- Posted by the IRS
- March 13, 2017
- Reinstated
- Effective November 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $42,431 | $1,304 | $984,320 | IRS |
| 990 | June 2024 | $12,873 | $1,129 | $791,396 | XML |
| 990 | June 2023 | $6,415 | $2,466 | $831,062 | XML |
| 990 | June 2022 | $250,127 | $2,831 | $776,948 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | 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 32-0419899).
Questions about LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION
- What is the EIN of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION?
- The employer identification number (EIN) of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION is 32-0419899.
- Is LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2016 and reinstated it effective November 15, 2016.
- Are donations to LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION?
- The 990 for the year ended June 30, 2025 names TRACY GREEN.
- Who are the officers and directors of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $42,431, expenses of $1,304 and total assets of $984,320 at year end.
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- ELYRIA PUBLIC LIBRARY FOUNDATION INC EIN 27-1864336 · last filed 990-EZ for 2025
- ELYRIA SCHOOLS & FRIENDS ALUMNI ASSOCIATION EIN 91-1891691 · last filed 990-N for 2025