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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 Human Services Local Media Foundation

Local Media Foundation

Fiscal year ending 2021. Filed on November 15, 2022.

PO Box 450
Lake City, Michigan 49651

Local Media Foundation (EIN: 36-4427750) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Local Media Foundation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $296,875. The highest compensated employee at Local Media Foundation is Nancy Cawley Lane with fiscal year 2021 compensation of $443,434.

Revenue, expenses, and employee compensation

Revenue

$2,006,681

Expenses

$2,375,692

Employee compensation

$1,057,290
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nancy Cawley Lane
Chief Executive Officer
$443,434
$0 $416,559 $26,875
Jay Small
Chief Operating Officer
$231,589
$0 $207,764 $23,825
Frank Mungeam
Chief Innovation Officer
$215,601
$0 $197,834 $17,767

Benchmark Employee Compensation

Non-Employee Board Members

Brock Berry
Director
Chris Weatherly
First Vice Chair
Erica Smith
Secretary
Gordon Borrell
Chair
Guy Tasaka
Director
Lisa Bishop
Director
Liz White
Former Chair
Samantha Johnston
Director
Shana Black
Director
Stephanie Slagle
Director
Tanisha Leonard
Director
Tom Sly
Treasurer

Mission Statement

THE LOCAL MEDIA FOUNDATION'S MISSION IS TO ENSURE A HEALTHY FUTURE FOR LOCAL JOURNALISM, WHICH IS ESSENTIAL TO A STRONG DEMOCRACY, BY REINVENTING BUSINESS MODELS FOR NEWS.

Revisions to this organization profile

November 14, 2025:
2024 Local Media Foundation 990 filed
November 14, 2024:
2023 Local Media Foundation 990 filed
November 10, 2023:
2022 Local Media Foundation 990 filed

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