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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Lake Area Technical College Foundation

Lake Area Technical College Foundation

Fiscal year ending 2022. Filed on November 14, 2022.

1201 Arrow Ave NE
Watertown, South Dakota 57201

Lake Area Technical College Foundation (EIN: 36-3860861) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Lake Area Technical College Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $58,198. The highest compensated employee at Lake Area Technical College Foundation is Morgan Johnson with fiscal year 2022 compensation of $64,846.

Revenue, expenses, and employee compensation

Revenue

$15,847,172

Expenses

$2,178,373

Employee compensation

$153,683
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Morgan Johnson
Development
$64,846
$64,846 No related compNo other comp
Tracy Buisker
Executive Director
$51,550
$51,550 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adam Koplin
President
Barb Kleinjan
Director
Brig Schilling
Director
Brooks Jacobsen
Director
Dan Brenden
Director
Donna Schoenbeck
Director
Jay Boomsma
Director
Jennifer Vanlaecken
Director
Jordan Wollschlager
Director
Josh Hanson
Director
Kasey Chapin
Director
Kris Munger
Director

Mission Statement

THE ORGANIZATIONS PRIMARY PURPOSE IS TO BUILD A BETTER LAKE AREA TECHNICAL COLLEGE.

Revisions to this organization profile

September 8, 2025:
2025 Lake Area Technical College Foundation 990 filed
December 20, 2024:
2024 Lake Area Technical College Foundation 990 filed
May 15, 2024:
2023 Lake Area Technical College Foundation 990 filed

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