EIN 34-0733165

Lake Erie College (LEC)

IRS 501(c) type
501(c)(3)
Num. employees
571
State
Year formed
1856
Most recent tax filings
2020-06
Description
Lake Erie College provides an environment that stimulates intellectual curiosity, personal development and community involvement to prepare students to succeed as practitioners, professionals and responsible citizens in a contemporary world.

Program areas at LEC

The College provided instructional courses to its 923undergraduate and 294 graduate students in addition to providingcontinuing education and professional development courses andworkshops. It also provided student services for admissions,registration, advising, athletic programs and academic supportincluding library resources, a learning center, animal care andsupport, and faculty and curriculum development. As necessaryauxiliary operations, the College operated residence halls, diningservices, a bookstore, and the equestrian center, which includes ahorse arena, classrooms and boarding facilities.

Form 990s for LEC

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062020-09-22990View PDF
2018-062019-07-05990View PDF
2017-062018-11-15990View PDF
2016-062017-10-02990View PDF
...and 6 more Form 990s

Who funds Lake Erie College (LEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Cleveland FoundationScholarships$1,387,471
 Subscribe to view█ █ ██ █ ████ █ ███ ████ █████ ██ ███ █ █ ██ ██ ███ █████$999,999
 Subscribe to view████$999,999
...and 9 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$8,324,541
 Subscribe to view████ ██ ██ ███$░,░░░,░░░
 Subscribe to view████ ████ ██ ███$░,░░░,░░░
...and 6 more federal grants / contracts

Financials for LEC

RevenuesFYE 06/2020
Total grants, contributions, etc.$5,270,069
Program services$31,263,052
Investment income and dividends$320,794
Tax-exempt bond proceeds$15,860
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-271,118
Net income from fundraising events$22,311
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,189
Total revenues$36,627,157

Personnel at LEC

NameTitleCompensation
Richard StarkChief Operating Officer, Consolidated Investment Corp 1993$0
Daniel SerbinVice President and Investments Portfolio Manager, Stifel, Nicolaus and Co, Inc 2018$0
Anthony FulgenzioVice President for Advancement$135,422
 Subscribe to viewVice President, Research and Development and Strategy$0
 Subscribe to viewVice President Enrollment Management$81,941
...and 12 more key personnel

Organizations like LEC

OrganizationLocationRevenue
Florida CollegeTemple Terrace, FL$19,309,104
Brevard College CorporationBrevard, NC$32,394,506
Sierra Nevada University (SNC)Incline Village, NV$19,404,274
East West UniversityChicago, IL$9,894,714
University of Mobile (UMobile)Mobile, AL$44,907,754
Soka University of America (SUA)Aliso Viejo, CA$48,746,196
Ringling College of Art and DesignSarasota, FL$114,783,353
Presentation College (PC)Aberdeen, SD$17,862,709
Montserrat College of ArtBeverly, MA$15,694,570
Augsburg UniversityMinneapolis, MN$130,985,918
Wofford CollegeSpartanburg, SC$116,076,279
The Culinary Institute of America (CIA)Hyde Park, NY$156,431,588
Vaughn College of Aeronautics and TechnologyEast Elmhurst, NY$43,626,571
Hope International University (HIU)Fullerton, CA$29,753,578
Carroll CollegeHelena, MT$64,086,619
Benedict CollegeColumbia, SC$65,561,566
King's CollegeWilkesbarre, PA$107,533,222
Pennsylvania College of Health SciencesLancaster, PA$33,230,495
Beacon CollegeLeesburg, FL$23,924,953
New Hampshire Institute of Art (NHIA)Manchester, NH$13,685,136
St Augustine CollegeChicago, IL$13,319,092
Villa Maria College of BuffaloBuffalo, NY$13,227,004
North Greenville UniversityTigerville, SC$63,305,089
Mars Hill UniversityMars Hill, NC$61,921,343
University of Sioux Falls (USF)Sioux Falls, SD$32,808,257
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$36,627,157
2020
Yearly growth
7.2%
% of revenues
n/a
Total expenses
$37,068,103
2020
Yearly growth
6.1%
% of expenses
n/a
Total assets
$75,139,558
2020
Yearly growth
9%
% of assets
n/a
Num. employees
571
2020
Yearly growth
1.6%
% of total
n/a
General information
Address
391 West Washington Street
Painesville, OH 44077
Metro area
Cleveland-Elyria, OH
Website URL
lec.edu/ 
Phone
(440) 296-1856
Facebook page
lakeeriecollege 
Twitter profile
@lakeeriecollege 
IRS details
EIN
34-0733165
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1856
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent