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Lakeland University Foundation Inc

The Northern Trust Company

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.51M (2023)

Expenses
$2.21M (2023)

Total Assets
$19.9M (2023)

Total Liabilities
$32.8k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,510,659
Expenses
$2,214,676
Net Income
-$704,017
Net Assets
$19,847,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,344,004
89.0%
Program Services $0
Investment Income $265,235
17.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$98,580
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,879,961
Total Liabilities $32,799
Net Assets $19,847,162
Compensation
Key Employees and Officers Compensation Related Other
Robert Melzer (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Kathie Powers (Secretary/Treasurer) $0 $0 $0
Barbara Gannon (Director) $0 $0 $0
Bonnie Graff (Director) $0 $0 $0
Elizabeth Borgen (University President) $0 $201,273 $10,914

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,225,756
Expenses
$580,061
Net Income
$7,645,695
Net Assets
$18,777,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $841,162
10.2%
Program Services $0
Investment Income $415,484
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,969,110
84.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,815,363
Total Liabilities $38,005
Net Assets $18,777,358
Compensation
Key Employees and Officers Compensation Related Other
Robert Melzer (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Kathie Powers (Secretary/Treasurer) $0 $0 $0
Barbara Gannon (Board Member) $0 $0 $0
Bonnie Graff (Board Member) $0 $0 $0
Elizabeth Borgen (Agent And President Of Lakeland University) $0 $216,237 $15,497

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,225,464
Expenses
$409,125
Net Income
$816,339
Net Assets
$21,415,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $359,286
29.3%
Program Services $0
Investment Income $617,632
50.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $248,546
20.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,444,848
Total Liabilities $29,750
Net Assets $21,415,098
Compensation
Key Employees and Officers Compensation Related Other
Robert Melzer (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
William Sheldon (Secretary/Treasurer) $0 $0 $0
Barbara Gannon (Board Member) $0 $0 $0
Bonita Graff (Board Member) $0 $0 $0
Jeff Spence (Board Member) $0 $0 $0
Kathie Powers (Board Member) $0 $0 $0
Elizabeth Borgen (Agent And President Of Lakeland University) $0 $155,621 $2,829

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$804,161
Expenses
$711,189
Net Income
$92,972
Net Assets
$17,508,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $198,758
24.7%
Program Services $0
Investment Income $552,565
68.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $52,838
6.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,535,817
Total Liabilities $27,286
Net Assets $17,508,531
Compensation
Key Employees and Officers Compensation Related Other
Robert Melzer (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
William Sheldon (Secretary/Treasurer) $0 $0 $0
Barbara Gannon (Board Member) $0 $0 $0
Bonita Graff (Board Member) $0 $0 $0
Doron Green (Board Member) $0 $0 $0
Kathie Powers (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$977,711
Expenses
$447,343
Net Income
$530,368
Net Assets
$17,944,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $250,308
25.6%
Program Services $0
Investment Income $644,710
65.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $82,693
8.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,968,740
Total Liabilities $24,124
Net Assets $17,944,616
Compensation
Key Employees and Officers Compensation Related Other
Peter Reddin (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Robert Melzer (Secretary/Treasurer) $0 $0 $0
Doron Green (Member At Large) $0 $0 $0
Debra Ansay (Member At Large) $0 $0 $0
Barbara Gannon (Member At Large) $0 $0 $0
David Black Agent And (President Of Lakeland University) $0 $176,115 $5,062
Bonnie Graff (Member At Large) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$850,634
Expenses
$500,011
Net Income
$350,623
Net Assets
$17,197,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $191,506
22.5%
Program Services $0
Investment Income $541,197
63.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,931
13.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,239,702
Total Liabilities $42,433
Net Assets $17,197,269
Compensation
Key Employees and Officers Compensation Related Other
Peter Reddin (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Robert Melzer (Secretary/Treasurer) $0 $0 $0
Doron Green (Member At Large) $0 $0 $0
Debra Ansay (Member At Large) $0 $0 $0
Barbara Gannon (Member At Large) $0 $0 $0
David Black (Agent And President Of Lakeland Univ) $0 $166,098 $3,697

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$693,555
Expenses
$431,584
Net Income
$261,971
Net Assets
$16,313,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $220,924
31.9%
Program Services $0
Investment Income $445,234
64.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,397
4.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,339,901
Total Liabilities $25,958
Net Assets $16,313,943

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$685,144
Expenses
$368,122
Net Income
$317,022
Net Assets
$14,876,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $289,383
42.2%
Program Services $0
Investment Income $476,167
69.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$80,406
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,008,022
Total Liabilities $131,600
Net Assets $14,876,422
Compensation
Key Employees and Officers Compensation Related Other
Peter Reddin (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Robert Melzer (Secretary/Treasurer) $0 $0 $0
Doron Green (Member At Large) $0 $0 $0
Debra Ansay (Member At Large) $0 $0 $0
Michael Bogenschuetz (Member At Large) $0 $0 $0
Daniel Eck (Agent And President Of Lak) $0 $229,191 $21,821

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,066,743
Expenses
$686,602
Net Income
$380,141
Net Assets
$14,577,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $564,490
52.9%
Program Services $0
Investment Income $484,949
45.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $17,304
1.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,712,888
Total Liabilities $135,012
Net Assets $14,577,876
Compensation
Key Employees and Officers Compensation Related Other
Peter Reddin (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Robert Melzer (Secretary/Treasurer) $0 $0 $0
Doron Green (Member At Large) $0 $0 $0
Debra Ansay (Member At Large) $0 $0 $0
Michael Bogenschuetz (Member At Large) $0 $0 $0
Daniel Eck (Agent And President Of Lakeland College) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$662,601
Expenses
$567,000
Net Income
$95,601
Net Assets
$14,621,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $281,063
42.4%
Program Services $0
Investment Income $381,538
57.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,643,652
Total Liabilities $22,295
Net Assets $14,621,357
Compensation
Key Employees and Officers Compensation Related Other
Peter Reddin (President) $0 $0 $0
Stuart Brotz (Vice President) $0 $0 $0
Robert Melzer (Secretary/Treasurer) $0 $0 $0
Doron Green (Trustee) $0 $0 $0
Debra Ansay (Trustee) $0 $0 $0
Michael Bogenschuetz (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,781,560
Expenses
$503,550
Net Income
$1,278,010
Net Assets
$13,065,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $783,339
44.0%
Program Services $0
Investment Income $998,221
56.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,091,719
Total Liabilities $25,743
Net Assets $13,065,976

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$837,939
Expenses
$512,411
Net Income
$325,528
Net Assets
$11,793,306
Notable Sources of Revenue Percent of Total Revenue
Contributions $688,256
82.1%
Program Services $0
Investment Income $149,683
17.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,846,878
Total Liabilities $53,572
Net Assets $11,793,306

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,209,673
Expenses
$511,190
Net Income
$1,698,483
Net Assets
$11,654,500
Notable Sources of Revenue Percent of Total Revenue
Contributions $379,356
17.2%
Program Services $0
Investment Income $336,815
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$56,983
Net Inventory Sales $0
Other Revenue $1,550,485
70.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,678,714
Total Liabilities $24,214
Net Assets $11,654,500

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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