Lane Tech Alumni Association Inc.
Lane Tech Alumni Association Inc.
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About this organization
Mission
To promote and support Lane Tech through the provision of meaningful programs, events, and services that connect alumni and students to one another, to the school, and to other groups or individuals whose mission aligns with the Lane Tech Alumni Association. We seek to cultivate a spirit of loyalty and lifelong commitment to our alma mater and camaraderie with fellow alumni.
About
Established in 1985, the LTAA Scholarship Program is the hallmark philanthropic initiative for the LTAA with a cumulative total of $1,973,200 gifted over the 34-year lifespan of the program. In FY2019, a record $167,700 was awarded to twenty-four graduating seniors directly through LTAA or facilitated by LTAA with several foundations. 44% of the students at Lane Tech are from low or moderately low income families. Many are from immigrant families, single parent homes, first generation college freshman, and all have some level of financial need. LTAA scholarships are especially meaningful as they come from donors who are also graduates of Lane, or have given gifts in honor of alumni family members or faculty. The LTAA solicits scholarship donors, designs and administers the programs, distributes funds, and tracks the results.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “To promote and support lane tech through the provision of meaningful programs, events, and services that connect alumni and students to one another, to the school, and to other groups or individuals whose mission aligns with the lane tech alumni association. we seek to cultivate a spirit of loyalty and lifelong commitment to our alma mater and camaraderie with fellow alumni.”.
When referring to its actions, they were described as: “To promote and support lane tech through the provision of meaningful programs, events, and services that connect alumni and students to one another, to the school, and to other groups or individuals whose mission aligns with the lane tech alumni association. we seek to cultivate a spirit of loyalty and lifelong commitment to our alma mater and camaraderie with fellow alumni.”.
- According to the law, the state of operation reported by the non-profit is IL.
- As per the filing, the address of the non-profit for 2020 is 3525 W Peterson Ave Unit 105, Chicago, IL, 60659.
- According to their form, the non-profit as of 2020 has a total of 1 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$3,769.
- The organization has 18 independent voting members.
- The organization was formed in 1986.
- The organization pays $45,880 in salary, compensation, and benefits to its employees.
- The organization pays $21,837 in fundraising expenses.