Lambda Chi Alpha Fraternity Inc
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 01/1941
- Data as of
- 12/2022
- EIN
- 04-2555294
Organization Overview
Lambda Chi Alpha Fraternity Inc is located in Worcester, MA. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lambda Chi Alpha Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Lambda Chi Alpha Fraternity Inc generated $109.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $109.1k during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL FRATERNAL EVENTS TO ENGAGE MEMBERS AND BUILD A FRATERNAL BOND AMONG MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Latsis Chapter President | 20 | $0 | |
Jack Hanlon Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $109,108 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,108 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $109,108 |
| Total expenses | $109,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,684 |
| Other assets | $0 |
| Total assets | $7,684 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,684 |
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Zeta Phi Chapter House Corp Of Alpha Phi Intrnatl Frat Inc Boston, MA | $2,973,626 | $954,161 |
Alpha Beta Corporation Wakefield, RI | $2,169,290 | $616,339 |