LINCOLN MEDICAL EDUCATION PARTNERSHIP

EIN: 470553011 501(c)(3)

LINCOLN, NE

Total Revenue
$9,507,676
Total Expenses
$9,439,545
Total Assets
$9,739,273
Net Assets
$8,721,943
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NE
Principal Officer
ALAN LINDERMAN
Phone
4023276803
Tax Period
2024-07-01 to 2025-06-30

LINCOLN MEDICAL EDUCATION PARTNERSHIP, founded in 1974, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024.

Mission

TO PROVIDE FAMILY PRACTICE TRAINING AND RELEVANT HEALTHCARE EDUCATION AND SERVICES.

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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 $2,691,443
Program Service Revenue $6,520,090
Investment Income $260,249
Other Revenue $35,894
TOTAL REVENUE $9,507,676

Expense Breakdown

Grants Paid $3,502
Salaries & Benefits $6,577,696
Fundraising Expenses $0
Program Expenses $8,332,947
Other Expenses $2,858,347
TOTAL EXPENSES $9,439,545

Year-over-Year Comparison

2024 2023 Change
Revenue $9,507,676 $9,421,816 +0.0%
Expenses $9,439,545 $8,925,006 +0.1%
Net Income $68,131 $496,810 -0.9%
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
9
Independent Members
9
Employees
70
Volunteers
12

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
4
$198,587
Total Directors
11
$0
Key Employees
1
$433,644
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL OTT SCHACHT CHAIRMAN 1.00
Officer Director
$0 $0 $0
LUKE MITCHELL VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR JASON KRUGER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DR AHSAN NASEEM BOARD MEMBER 1.00
Director
$0 $0 $0
DR MICHAEL SAYERS BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK GANYO BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER DEJONG BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN CHAFFE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WOODRICH BOARD MEMBER 1.00
Director
$0 $0 $0
KORBY GILBERTSON BOARD MEMBER THRU 12/24 1.00
Director
$0 $0 $0
ERIC MOOSS BOARD MEMBER THRU 2/25 1.00
Director
$0 $0 $0
DR ALAN LINDERMAN PRESIDENT/CEO 30.00
Officer
$187,382 $11,205 $198,587
DR SABRINA CERNY PROGRAM DIRECTOR 40.00
Key Emp
$379,791 $53,853 $433,644
DR WADE FORNANDER FACULTY PHYSICIAN 40.00
Highest
$356,713 $49,290 $406,003
DR BETH SANLEY FACULTY PHYSICIAN 40.00
Highest
$235,867 $43,770 $279,637
DR JACK LIONBERGER FACULTY PHYSICIAN 40.00
Highest
$256,519 $39,172 $295,691
DR DOUGLAS STATES FACULTY PHYSICIAN 30.00
Highest
$236,944 $36,919 $273,863
MATTHEW JACOBSEN FACULTY PHYSICIAN 40.00
Highest
$195,516 $38,384 $233,900
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
2025 $9,507,676 $9,439,545 $9,739,273 $68,131
2024 $9,421,816 $8,925,006 $9,526,389 $496,810
2023 $10,270,486 $10,118,847 $10,254,367 $151,639
2022 $10,487,702 $10,315,890 $9,795,308 $171,812
2021 $10,429,637 $10,081,255 $10,291,649 $348,382
2020 $8,133,456 $9,057,532 $9,837,574 $-924,076
2019 $7,217,849 $7,830,539 $9,427,838 $-612,690
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