Overview
What is Lake Erie College?
Lake Erie College is a nonprofit educational institution located at 391 West Washington Street, Painesville, Ohio, with a ZIP code of 44077. The college offers undergraduate and graduate courses to 1,124 students, providing them with a well-rounded education grounded in the liberal arts tradition. Lake Erie College is dedicated to empowering students to lead significant and successful lives as global citizens. In addition to its academic programs, the college offers student services, continuing education, and professional development courses. Auxiliary operations include dormitories, dining services, a bookstore, and an equestrian center, which houses a horse arena, classrooms, and boarding facilities. With a staff of 512 employees, Lake Erie College is committed to delivering a personalized, inclusive education experience.
Official website here: www.lec.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating on Charity Navigator)
Lake Erie College has achieved a high rating of 96% from Charity Navigator, reflecting its strong performance in accountability and finance. The rating is based on multiple indicators of transparency and governance, with a commendable score on the organization's commitment to ethical management practices, as seen through its independent board and adherence to conflict of interest policies.
One of the strengths highlighted is the complete independence of its board members, which contributes to effective oversight and decision-making. The college also demonstrates strong financial health, with a significant percentage of its expenses going directly to programs, indicating that funds are being utilized effectively to support its mission. Additionally, the presence of comprehensive policies for whistleblower protection and document retention further showcases the institution's commitment to operational integrity.
Despite these strengths, the overview does not indicate any limitations or areas for improvement. This overall positive assessment suggests that Lake Erie College is a well-managed organization with a focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake Erie College?
88% of 64 reviewers on Facebook recommend Lake Erie College. Here's a summary of their reviews:
Many individuals express a strong sense of nostalgia and satisfaction regarding their undergraduate experiences at the college. Positive sentiments often highlight the lasting friendships and cherished memories formed during their time there. This indicates that the college fosters a supportive environment that resonates with its students.
Overall, it appears that Lake Erie College successfully delivers a fulfilling educational experience, with alumni valuing the connections and experiences gained during their time at the institution.
This AI summary has been generated from reviews found on Facebook.
Is Lake Erie College legitimate?
Lake Erie College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Erie College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $997,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,825,920
For more financial information, click here
Official website here: www.lec.edu
What is the mission statement of Lake Erie College?
Lake Erie College offers an excellent, inclusive, and highly personalized education grounded in the liberal arts tradition. Guided by hope and care, students are empowered to lead meaningful and successful lives as global citizens. The college provides instructional courses for undergraduate and graduate students, as well as continuing education and professional development opportunities. Student services include admissions, registration, academic advising, athletic programs, and academic support, such as library resources, a learning center, and faculty and curriculum development. The college also operates auxiliary services, including residence halls, dining services, a bookstore, and an equestrian center, which includes a horse arena, classrooms, and boarding facilities.
Official website here: www.lec.edu
Who is the CEO of Lake Erie College?
Brian D Posler is the Principal Officer of Lake Erie College.
Official website here: www.lec.edu
What is the revenue of Lake Erie College?
Lake Erie College's revenue in 2022 was $38,779,550.
Official website here: www.lec.edu
Who are the executives of Lake Erie College and what are their salaries?
The average compensation at Lake Erie College during 2022 was $19,186. There are 512 employees and 34 volunteers at Lake Erie College.
Here are 39 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $280,862
- Related: $0
- Other: $33,089
- Compensation: $172,689
- Related: $0
- Other: $24,339
- Compensation: $141,778
- Related: $0
- Other: $26,196
- Compensation: $59,721
- Related: $0
- Other: $302
- Compensation: $83,668
- Related: $0
- Other: $23,352
- Compensation: $118,653
- Related: $0
- Other: $25,358
- Compensation: $107,841
- Related: $0
- Other: $11,985
- Compensation: $108,734
- Related: $0
- Other: $23,811
- Compensation: $104,427
- Related: $0
- Other: $21,565
- Compensation: $101,886
- Related: $0
- Other: $18,743
Official website here: www.lec.edu
Where can I find the form 990 for Lake Erie College?
Lake Erie College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lec.edu
Learn more at the official website: www.lec.edu
Mission Statement of Lake Erie College
Lake Erie College, a renowned educational institution, is dedicated to providing an exceptional, inclusive, and individualized education rooted in the liberal arts tradition. The college's mission is to empower its students with the tools they need to lead meaningful and successful lives, both personally and professionally, as global citizens.
Guided by the values of hope and care, Lake Erie College offers a rich curriculum to its undergraduate and graduate students, totaling 1,124. The institution is committed to providing more than just academic instruction; it offers continuing education and professional development courses, as well as workshops to further enrich students' learning experiences.
In addition to its academic offerings, Lake Erie College prioritizes student services, including admissions, registration, advising, athletic programs, and academic support. These services ensure that students have access to essential resources such as library resources, a learning center, animal care and support, and faculty and curriculum development. Furthermore, the college operates auxiliary services like residence halls, dining services, a bookstore, and the equestrian center, which includes a horse arena, classrooms, and boarding facilities.
Lake Erie College's commitment to its students extends beyond the classroom. The institution aims to provide a well-rounded educational experience that equips students with the skills and knowledge they need to thrive in their future endeavors. Its focus on a personalized education grounded in the liberal arts tradition enables students to develop a strong foundation for their future success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lake Erie College significantly impacts its community and students by offering an inclusive and personalized education grounded in the liberal arts tradition. With a focus on empowerment through hope and care, the college equips its 837 undergraduate and 287 graduate students to become active, engaged global citizens.
The college provides a diverse range of instructional courses and professional development opportunities, ensuring that students have access to the knowledge and skills needed to thrive in their careers. Support services such as admissions, academic advising, and athletic programs complement the educational experience, creating a holistic environment that fosters student success.
Additionally, Lake Erie College enhances community engagement and collaboration through its auxiliary operations, including residence halls and dining services. The Equestrian Center serves as a unique resource, offering facilities for learning and animal care.
Overall, Lake Erie College plays a vital role in shaping the personal significance and professional success of its students while contributing to the educational landscape of Painesville, Ohio.
This information is meant to be a general summary of Lake Erie College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $475,112
- Program Service Revenue: $29,112,134
- Gross Receipts: $40,488,418
Assets and Liabilities:
- Total Assets: $74,629,570
- Total Liabilities: $34,339,864
- Net Assets: $40,289,706
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$24,237,921
AUXILIARY OPERATIONS AND OTHER
Revenue
$4,874,213
Organization Details
Founding Year
1856
Phone
(440) 352-3361Principal Officer
Brian D Posler
Main Address
391 WEST WASHINGTON STREET, PAINESVILLE, OH, 44077
Website
www.lec.eduNTEE Category
Code: B430 - Education
If you are a representative of Lake Erie College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.