Dianne Yaconetti, President/CEO at The Lambs Farm Inc | Issuu Inc.
Dianne Yaconetti, President/CEO at The Lambs Farm Inc | Issuu Inc.
The listed appropriations included grants of $1,000,000 and $500,000 if two, each designated for programs or services funded by the State of Illinois.
These appropriations represent state-level funding authorized by lawmakers, reflecting what was approved in the budget, not necessarily disbursed. The funds cover only State of Illinois support and exclude federal, local, or other public sources.
Founded in 1961 by Bob Terese and Corinne Owen, The Lambs Farm Inc. states that its mission is: “Helping people with developmental disabilities lead productive, happy lives and connecting with the human spirit in us all.”
You can learn more about the organization at its website.
In its most recent IRS Form 990 filing filing for tax year 2024, the organization reported $14,827,100 in total revenue. Of that, $8,791,190 came from government grants including federal, state, or local sources, making up 59.3% of total revenue.
The nonprofit listed $13,058,600 in contributions overall. It also reported $129,238 in non-cash contributions, such as donated goods or services, and $3,916,990 categorized under other contributions, which may include restricted donations, pledges, or bequests.
At the beginning of 2024, The Lambs Farm Inc. had $23,082,600 in assets. By the end of 2024, that figure had changed to $21,552,700, indicating a 6.6% decline in overall holdings.
According to its filing, public funding to The Lambs Farm Inc. increased in the last year. The group received $6,862,050 in government grants in 2023, compared to $8,791,190 in 2024—an increase of 28.1% year-over-year.
However, a Chicago City Wire analysis found that IRS filings frequently contain discrepancies when compared with publicly disclosed government grant reports and budgets.
The Lambs Farm Inc. is one of hundreds of nonprofits across Illinois that receive substantial support from state taxpayers while also fundraising privately.
In 2025, Illinois lawmakers introduced House Bill 1266, also known as the Department of Government Efficiency (DOGE) Act. The proposal would create a new oversight body within the Office of the Auditor General tasked with identifying cost-saving measures, reviewing agency performance, and advising on audit priorities. If passed, DOGE could bring additional scrutiny and performance evaluation to taxpayer-funded organizations.
According to ProPublica, Illinois has more than 78,000 active tax-exempt organizations, including nearly 60,000 classified as charitable nonprofits. In their most recent IRS filings, these groups reported a combined revenue exceeding $156 billion.
| Fiscal Year | Total Grants/Contracts | Total Taxpayer $$ |
|---|---|---|
| 2024 | 2 | $1,500,000 |
| Term | Name | Title |
|---|---|---|
| 2024-2024 | Ajay A Madhani | Director |
| 2024-2024 | Antonio Vaughan | Am Supervisor |
| 2024-2024 | Arie Ben Zoller | Vice Chairman |
| 2024-2024 | Bob Neiman | Director |
| 2024-2024 | Christopher Breck | Director |
| 2024-2024 | Cyril Rosengarten | Director |
| 2024-2024 | Dan Novak | Director |
| 2024-2024 | Dianne M Yaconetti | President/Ceo (Thru 2022) |
| 2024-2024 | Eric Wright | Director |
| 2024-2024 | James Philip Zils | Director |
| 2024-2024 | Joe Milburn | Director |
| 2024-2024 | Karen R Lieberman | Director |
| 2024-2024 | Kathleen E Buresch | Director Of Marketing/President/Ceo (Start 2022) |
| 2024-2024 | Margaret Aldridge | Director |
| 2024-2024 | Mashauna Echols | Cila Manager |
| 2024-2024 | Melvin Katz | Director |
| 2024-2024 | Richard Nonnweiler | Treasurer |
| Year | Name | Title | Compensation |
|---|---|---|---|
| 2009 | Daniel A Casey | - | |
| 2006 | Audrey M Golinski-Sweeton | - | |
| 2005 | Tammy Branch | - | |
| 2004 | Jaan Sass | - | |
| 2002 | Donald J Peleska | - | |
| 2000 | Diane Ray | - | |
| 1999 | Mary Allen Burns | - | |
| 1998 | Jacqueline D Cottman | - | |
| 1997 | Calvin L Cannon | - | |
| 1996 | Lisa Formicola | - | |
| 1995 | Rupert Anderson | - | |
| 1994 | George W Brefeld | - | |
| 1992 | Elnora L O'Bryant | - | |
| 1991 | Lisa J Sobolewski | - | |
| 1991 | Michael Bearden | - | |
| 1990 | Marlene Stevens | - | |
| 1990 | Nancy Hennigar | - | |
| 1990 | Nancy Hennigar | - | |
| 1988 | Benita Hasty | - | |
| 1988 | Jerry L Fisher | - | |
| 1986 | James S Kuebler | - |
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