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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 Forest College

Lake Forest College

Fiscal year ending 2020. Filed on April 12, 2021.

555 North Sheridan Road
Suite 800
Lake Forest, Illinois 60045

Lake Forest College (EIN: 36-2167770) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Lake Forest College, a 501(c)(3) charitable organization, reported compensation for 12 out of 1,525 total employees. Among the employees shown here, the average compensation is $219,857. The highest compensated employee at Lake Forest College is Stephen D Schutt with fiscal year 2020 compensation of $537,273.

Revenue, expenses, and employee compensation

Revenue

$110,394,405

Expenses

$111,076,177

Employee compensation

$30,930,404
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen D Schutt
President
$537,273
$448,691 No related comp$88,582
Christopher Ellertson
Vice President, Enrollment
$238,125
$210,939 No related comp$27,186
Philip Hood
Vice President Development/Alumni Relations and Secretary
$226,153
$211,125 No related comp$15,028
Davis Schneiderman
Provost and DEAN of Faculty
$225,086
$182,521 No related comp$42,565
Lori Sundberg
Vice President for Finance and Planning
$215,707
$191,221 No related comp$24,486
Jacqueline Slaats
Vice President for Career Advancement and Athletics
$198,676
$176,595 No related comp$22,081
Andrea Conner
Dean of Students
$188,044
$152,080 No related comp$35,964
Richard J Bartolozzi
Senior Director GIFT Planning
$170,388
$148,139 No related comp$22,249
Martin Riedel
Chief Information Officer
$164,876
$143,879 No related comp$20,997
David Siebert
Director of Facilities Management
$161,276
$130,278 No related comp$30,998
Robert Baade
Professor of Economics
$159,189
$120,672 No related comp$38,517
Janet McCracken
Professor of Philosophy
$153,489
$133,475 No related comp$20,014

Benchmark Employee Compensation

Non-Employee Board Members

Alexander D Stuart
Trustee
Charles M Brennan III
Trustee
Claudia Wyatt-Johnson '69
Secretary
Craig Omtvedt
Trustee
David A Castagnetti '84
Trustee
David F Gorter '80
Chair
Devon C Bruce
Trustee
Doni Fordyce-Urfirer '81
Trustee
Dr Angelique L Richard '85
Trustee
Dr Shao-Lee Lin
Trustee
Earl J Barnes '86 II
Trustee
Geoffrey M Curtis '97
Trustee

Contractors

Parkhurst Dining
Campus Food
$6,562,934
Aramark Custodial Corporation
Custodial
$1,881,505
Solomon Cordwell Buenz
Architecture
$831,215
Air Con Refrigeration & Heating Inc.
Heating and Cooling Installation
$544,553
Pepper Construction Inc.
Construction
$513,699

Mission Statement

Provide post-secondary education leading to a baccalaureate degree. Program service expenditures are made in conjunction with the operation of a liberal arts college spread over 107 acres with approximately 63 educational and support buildings. The College is accredited by the Higher Learning Commission, and had 1,796 undergraduate students and 26 graduate students with 145 full time faculty. Bachelor of arts degrees conferred were 426 during the year, with 16 master's degrees conferred. The College had approximately 1,250 resident students in the residence halls.

Revisions to this organization profile

April 15, 2025:
2024 Lake Forest College 990 filed
April 12, 2024:
2023 Lake Forest College 990 filed
April 16, 2023:
2022 Lake Forest College 990 filed

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