Nonprofit · EIN 93-6030371
LINCOLN COUNTY FOUNDATION
Tax-exempt · NEWPORT, OR 97365
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,137,596 | $824,071 | $313,525 | $9,434,295 | $1,135,676 | $8,298,619 |
| June 30, 2024 | 990 | $926,209 | $1,181,867 | -$255,658 | $8,552,916 | $1,066,235 | $7,486,681 |
| June 30, 2023 | 990 | $717,702 | $749,121 | -$31,419 | $8,070,167 | $841,044 | $7,229,123 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $638,143
- Program service revenue
- $0
- Investment income
- $499,453
- Net gain from sales of assets
- $323,061
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $697,866
- Compensation of officers, directors and key employees
- $48,000
- Salaries, compensation and benefits (total)
- $52,399
- Professional fundraising fees
- $0
- Accounting fees
- $8,287
- Program services (functional)
- $739,940
- Management and general (functional)
- $72,872
- Fundraising (functional)
- $11,259
Balance sheet and other
- Total assets, start of year
- $8,552,916
- Total assets, end of year
- $9,434,295
- Total liabilities, end of year
- $1,135,676
- Net assets, end of year
- $8,298,619
- Publicly traded securities
- $8,958,897
- Net assets without donor restrictions
- $4,404,749
- Net assets with donor restrictions
- $3,893,870
- Gross receipts
- $2,322,661
- Employees
- 1
- Volunteers
- 8
- Year formed
- 1965
- State of legal domicile
- OR
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 |
|---|---|---|---|
| JON ZAGEL | EXECUTIVE DI Officer | 20 | $48,000 |
| LORI ARCE-TORRES | PRESIDENT Trustee or director, Officer | 0.4 | $0 |
| PATTY GRAVES | VICE PRESIDE Trustee or director, Officer | 0.2 | $0 |
| KEITH NELSON | TREASURER AN Trustee or director, Officer | 20 | $0 |
| SUSAN WAHIKE | SECRETARY Trustee or director, Officer | 0.4 | $0 |
| AARON BELONI | DIRECTOR Trustee or director | 0.2 | $0 |
| JEAN TURNER | DIRECTOR Trustee or director | 0.2 | $0 |
| JOSH ZANGELLA | DIRECTOR Trustee or director | 0.2 | $0 |
| MARCIA BUCKLEY | DIRECTOR Trustee or director | 0.2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JON ZAGEL | EXECUTIVE DI Officer | 20 | $48,280 |
| LORI ARCE-TORRES | PRESIDENT Trustee or director, Officer | 0.4 | $0 |
| PATTY GRAVES | VICE PRESIDE Trustee or director, Officer | 0.2 | $0 |
| KEITH NELSON | TREASURER AN Trustee or director, Officer | 20.2 | $0 |
| SUSAN WAHLKE | SECRETARY Trustee or director, Officer | 0.2 | $0 |
| JULIE HANRAHAN | DIRECTOR Trustee or director | 0.3 | $0 |
| JEAN TURNER | DIRECTOR Trustee or director | 0.1 | $0 |
| JOSH ZANTELLA | DIRECTOR Trustee or director | 0.1 | $0 |
| MARCIA BUCKLEY | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JON ZAGEL | EXECUTIVE DI Officer | 20 | $48,000 |
| LORI ARCE-TORRES | PRESIDENT Trustee or director, Officer | 0.4 | $0 |
| PATTY GRAVES | VICE PRESIDE Trustee or director, Officer | 0.2 | $0 |
| KEITH NELSON | TREASURER Trustee or director, Officer | 20 | $0 |
| SUSAN WAHLKE | SECRETARY Trustee or director, Officer | 0.2 | $0 |
| JULIE HANRAHAN | DIRECTOR Trustee or director | 0.3 | $0 |
| JEAN TURNER | DIRECTOR Trustee or director | 0.1 | $0 |
| JOSH ZANTELLA | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 622, NEWPORT, OR 97365-0045
- In care of
- % REX KRABBE
- Principal officer (990 for 2024)
- LORI ARCE-TORRES, 3655 NW PORT AVE, LINCOLN CITY, OR 97367
- Signed the 990
- LORI ARCE-TORRES, PRESIDENT
- Phone
- (303) 506-4561
- Website
- LINCF.ORG
- Return prepared by
- GRIMSTAD & ASSOCIATE
Mission
THE LINCOLN COUNTY FOUNDATION IS AN AGENCY ESTABLISHED TO RECEIVE, ADMINISTER AND DISBURSE FUNDS AND OTHER PROPERTY TO ASSIST THE PEOPLE OF LINCOLN COUNTY, OREGON; PARTICULARLY THE YOUNG PEOPLE THROUGH GRANTS AND SCHOLARSHIPS.
Program accomplishments
- LINCOLN COUNTY FOUNDATION PROVIDED GRANTS TO AREA GOVERNMENTAL AGENCIES, NONPROFIT ORGANIZATIONS, AND OTHER ORGANIZATIONS TO SUPPORT THEIR OPERATIONS AND THE SERVICES THEY PROVIDE TO THE PUBLIC. SEE SCHEDULE I OF THIS RETURN FOR DETAILS.Expenses $77,044 · grants $34,970
- LINCOLN COUNTY FOUNDATION PROVIDED SCHOLARSHIPS TO 128 STUDENTS TOTALING 662,896 DURING THE FISCAL YEAR ENDED JUNE 30, 2025. THE SCHOLARSHIP PROGRAM IS DESIGNED TO ASSIST STUDENTS IN LINCOLN COUNTY OREGON WITH THEIR EDUCATIONAL ENDEAVORS.Expenses $662,896 · grants $662,896
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 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
- 93-6030371
- 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
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31Z)
- Assets (IRS master file)
- $9,434,295
- Income (IRS master file)
- $2,322,661
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,137,596 | $824,071 | $9,434,295 | IRS |
| 990 | June 2024 | $926,209 | $1,181,867 | $8,552,916 | IRS |
| 990 | June 2023 | $717,702 | $749,121 | $8,070,167 | XML |
| 990 | June 2022 | $1,726,637 | $785,171 | $7,497,037 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 93-6030371).
Questions about LINCOLN COUNTY FOUNDATION
- What is the EIN of LINCOLN COUNTY FOUNDATION?
- The employer identification number (EIN) of LINCOLN COUNTY FOUNDATION is 93-6030371.
- Is LINCOLN COUNTY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to LINCOLN COUNTY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LINCOLN COUNTY 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 LINCOLN COUNTY 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 LINCOLN COUNTY 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 LINCOLN COUNTY FOUNDATION?
- The 990 for the year ended June 30, 2025 names LORI ARCE-TORRES.
- Who are the officers and directors of LINCOLN COUNTY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $48,000 (JON ZAGEL, EXECUTIVE DI).
- How much revenue does LINCOLN COUNTY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,137,596, expenses of $824,071 and total assets of $9,434,295 at year end.
Other nonprofits in NEWPORT
- NEWPORT FOOD PANTRY EIN 45-2049464 · last filed 990 for 2025
- OREGON COAST AQUARIUM INC EIN 93-0877807 · last filed 990 for 2025
- NORTHWEST COASTAL HOUSING EIN 94-3141603 · last filed 990 for 2024
- FOOD SHARE OF LINCOLN COUNTY EIN 93-0793059 · last filed 990 for 2025
- MIDCOAST WATERSHEDS COUNCIL EIN 93-1247465 · last filed 990 for 2025
- OREGON COAST COUNCIL OF THE ARTS EIN 93-0696250 · last filed 990 for 2025
- CHILDRENS ADVOCACY CENTER OF LINCOLN COUNTY EIN 93-1097711 · last filed 990 for 2025
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 93-1172258 · last filed 990 for 2025
All nonprofits in NEWPORT · Oregon · Philanthropy, voluntarism and grantmaking foundations