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Community Foundation of Lorain County

Public charity990-T FY2023
Foundations · ELYRIA, OH · EIN 34-1322781

About

The community foundation responds to the changing needs of the community by making grants to local nonprofit organizations, awarding scholarships to help local students, working together with donors to build community endowment and providing leadership on key community issues.

Donations are tax-deductible
Category
Foundations
Employees
16
Volunteers
100

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.6M
Expenses
$8.0M
Assets
$167.9M
Liabilities
$21.1M

Financial history

$11.1M$5.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $7.6M · Peak FY2018: $11.1M · Avg: $8.0M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$5K
Grants Given
$4.9M
COMMUNITY FOUNDATION OF LORAIN COUNTY
Your actions

Address

9080 Leavitt RD
Elyria, OH, 44035-421

Governance

Voting board members20
Independent members20
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.