Linn-Benton Community College Foundation

EIN: 237212073 501(c)(3) Education

Albany, OR

Total Revenue
$2,355,069
Total Expenses
$1,323,370
Total Assets
$15,528,688
Net Assets
$15,307,199
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
OR
Principal Officer
Jess Jacobs
Phone
5419174561
Tax Period
2024-01-01 to 2024-12-31

Linn-Benton Community College Foundation, founded in 1972, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 44% operating margin.

Mission

Foundation exists for the express purpose of advancingpromoting the interestdevelopment of LBCC and the students faculty and community

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,492,436
Program Service Revenue $0
Investment Income $836,072
Other Revenue $26,561
TOTAL REVENUE $2,355,069

Expense Breakdown

Grants Paid $521,300
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $729,607
Other Expenses $802,070
TOTAL EXPENSES $1,323,370

Year-over-Year Comparison

2024 2023 Change
Revenue $2,355,069 $1,678,144 +0.4%
Expenses $1,323,370 $1,175,258 +0.1%
Net Income $1,031,699 $502,886 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$185,945
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN BRONCHEAU Executive Director 40.00
Officer
$0 $46,005 $185,945
PENNY YORK President 2.00
Director
$0 $0 $0
HEDIE SCHULTE Vice President 1.00
Director
$0 $0 $0
MARTY CAHILL Treasurer 1.00
Director
$0 $0 $0
JO ANN MCQUEARY Secretary 1.00
Director
$0 $0 $0
CHARLIE EADS Board Member 1.00
Director
$0 $0 $0
JEFF DAVIS Board Member 1.00
Director
$0 $0 $0
JOAN REUKAUF Board Member 1.00
Director
$0 $0 $0
JEANNIE DAVIS Board Member 1.00
Director
$0 $0 $0
CAROLYN GARDNER Board Member 1.00
Director
$0 $0 $0
DIANE MERTEN Board Member 1.00
Director
$0 $0 $0
BETTY MALONE Board Member 1.00
Director
$0 $0 $0
CHRIS HANSON Board Member 1.00
Director
$0 $0 $0
ROSE PEDA Board Member 1.00
Director
$0 $0 $0
DAN SEGEL Board Member 1.00
Director
$0 $0 $0
DICK RUNNING Board Member 1.00
Director
$0 $0 $0
LAURI LEHMAN Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,355,069 $1,323,370 $15,528,688 $1,031,699
2023 $1,678,144 $1,175,258 $13,585,102 $502,886
2022 $1,858,139 $1,147,695 $12,016,438 $710,444
2021 $1,714,465 $1,051,764 $13,321,383 $662,701
2020 $1,105,222 $910,416 $12,099,478 $194,806
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