NonprofitsLake Area Technical College Foundation

Education

Lake Area Technical College Foundation

WATERTOWN, SD

Total revenue

$4.5M

Total expenses

$6.5M

Net assets

$10.9M

Grants received

$12.1M

33 grants

EIN

363860861

Tax year

2024

Mission

The organizations primary purpose is to build a better lake area technical college.

Programs

2 programs

Awarding scholarships to latc students

Expenses: $2.5M

Funding for latc program enhancements

Expenses: $629K

Financials

FY 2024

Revenue

Contributions & grants$4.0M
Program service revenue
Investment income$307K
Other revenue$198K
Total revenue$4.5M

Expenses

Grants paid$6.2M
Salaries & benefits$186K
Fundraising$133K
Other expenses$184K
Total expenses$6.5M
Total assets$11.4M
Net assets$10.9M

People

20 listed

NameRoleCompensation

DAN BRENDEN

BOARD MEMBER

Board

1 hrs/wk

KASEY CHAPIN

BOARD MEMBER

Board

1 hrs/wk

NATALIE GAUER

BOARD MEMBER

Board

1 hrs/wk

JOSH HANSON

BOARD MEMBER

Board

1 hrs/wk

BARB KLEINJAN

BOARD MEMBER

Board

1 hrs/wk

BRIG SCHILLING

BOARD MEMBER

Board

1 hrs/wk

DONNA SCHOENBECK

BOARD MEMBER

Board

1 hrs/wk

LEAH STELLEY

BOARD MEMBER

Board

1 hrs/wk

SHELLY TURBAK

BOARD MEMBER

Board

1 hrs/wk

TIM WALTER

BOARD MEMBER

Board

1 hrs/wk

JORDAN WOLLSCHLAGER

BOARD MEMBER

Board

1 hrs/wk

TIFFANY SANDERSON

EX-OFFICIO MEMBER

Board

1 hrs/wk

CAM COREY

EX-OFFICIO MEMBER

Board

1 hrs/wk

JESSI EIDSON

EX-OFFICIO MEMBER

Board

20 hrs/wk

SCOTT CARBONNEAU

EX-OFFICIO MEMBER

Board

1 hrs/wk

BRITTANY ROST

EX-OFFICIO MEMBER

Board

20 hrs/wk

STUART STEIN

EX-OFFICIO MEMBER

Board

1 hrs/wk

SCOTT WEELDRYER

EX-OFFICIO MEMBER

Board

1 hrs/wk

TRACY BUISKER

EXECUTIVE DIRECTOR

Board

20 hrs/wk

JAY BOOMSMA

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 33 of 33

FromAmountPurposeYear
$10K
ADULT EDUCATION
2024
$80K
SCHOLARSHIPS
2023
$10K
ADULT EDUCATION
2023
$8K
2023/24 UNIVERSITY PARTNER PROGRAM
2023
$7K
Community welfare and betterment
2023
$5K
EDUCATION PROGRAMS
2023
$50K
SCHOLARSHIPS
2022
$11K
ADULT EDUCATION
2022
$5K
EDUCATION PROGRAMS
2022
$10.0M
HUMAN SERVICES
2020
$59K
EXCELLENCE & EQUITY IN COMMUNITY COLLEGE AWARD
2020
$15K
SCHOLARSHIP GRANT
2020
$12K
ADULT EDUCATION
2020
$8K
CANBY HIGH SCHOOL SCHOLARSHIP AWARD
2020
$5K
EDUCATION PROGRAMS
2020
$6K
Education Programs
2019
$6K
Education Programs
2018
$5K
FOR BUILD DAKOTA SCHOLARSHIPS AND DENTAL ASSISTING PROGRAM
2017
$5K
CANBY HIGH SCHOOL SCHOLARSHIPS
2017

Funded by

$12.1M from 12 funders · 33 grants · 2017–2024

National Philanthropic Trust

$10.0M · 1 grant · 2020

South Dakota Community Foundation

$1.5M · 5 grants · 2020–2024

Watertown Area Community Foundation

$148K · 3 grants · 2022–2024

Watertown Development Company

$130K · 2 grants · 2022–2023

Prairie Lakes Health Care System Inc

$123K · 6 grants · 2018–2023

The Aspen Institute Inc

$59K · 1 grant · 2020

Watertown Area United Way Inc

$43K · 4 grants · 2020–2024

Brookings Area United Way

$28K · 5 grants · 2018–2023

Details

EIN363860861
NTEE codeB82
Subsection03
Ruling date1993-04
Formed1992
Employees0
Volunteers25
LAKE AREA TECHNICAL COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo