NonprofitsLehigh Valley Association Of Independent Colleges

Education

Lehigh Valley Association Of Independent Colleges

BETHLEHEM, PA

Total revenue

$955K

Total expenses

$937K

Net assets

$376K

Grants received

$37K

1 grants

EIN

237077479

Tax year

2024

Mission

Lvaic is a community of independent colleges and universities growing stronger through collaboration.

Programs

3 programs

Health insurance consortium - lvaic operates as multiple employer welfare arrangement as defined by erisa. Member institutions participate in a self-funded health insurance trust maximizing the cost-savings and plan customization. Lvaic is the plan sponsor and administrator of the health plan and the lvaic board has a fiduciary role to insure the program is operating fairly and in compliance with the laws.

Expenses: $95K

Lehigh valley research consortium (lvrc) - revenue from research projects is collected from the appropriate community organization by lvaic and then paid back to the appropriate researchers' campuses.

Expenses: $21K

Other programs consist of conferences, workshops, and library services that allow member institutions access to collective resources and shared services. Lvaic hosts a diverse array of events, conferences, and symposia that enrich the academic and cultural landscape of the community. These events offer a platform for collaboration, innovation, and knowledge-sharing among scholars, students, and experts from various fields.

Expenses: $309K

Financials

FY 2024

Revenue

Contributions & grants$646K
Program service revenue$309K
Investment income$372
Other revenue
Total revenue$955K

Expenses

Grants paid
Salaries & benefits$562K
Fundraising
Other expenses$375K
Total expenses$937K
Total assets$628K
Net assets$376K

People

10 listed

NameRoleCompensation

DIANE DIMITROFF

EXEC DIR/SECRETARY(THRU AUG, 2024)

Board

$135K

50 hrs/wk

JANET BAKER

EXEC DIR/SECRETARY(EFF. SEPT. 1 2024)

Board

$105K

50 hrs/wk

FR JAMES GREENFIELD

CHAIR

Board

2 hrs/wk

KATHLEEN HARRING

VICE CHAIR

Board

2 hrs/wk

MARK REED

TREASURER

Board

2 hrs/wk

AUDRA KAHR

ASSISTANT TREASURER

Board

2 hrs/wk

BRYON GRIGSBY

BOARD OF DIRECTORS

Board

2 hrs/wk

JOSEPH HELBLE

BOARD OF DIRECTORS

Board

2 hrs/wk

NICOLE HURD

BOARD OF DIRECTORS

Board

2 hrs/wk

ELIZABETH MEADE

BOARD OF DIRECTORS

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$37K
PROGRAM OPERATING COSTS
2021

Funded by

$37K from 1 funder · 1 grant · 2021

Details

EIN237077479
NTEE codeB42A
Subsection03
Ruling date1971-01
Formed1969
Employees7
Volunteers8
LEHIGH VALLEY ASSOCIATION OF INDEPENDENT COLLEGES — Mission, Financials & Grants Received | Grantivo