Lambda Chi Alpha Fraternity Inc is located in Waukee, IA. The organization was established in 1941. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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 12/2021, Lambda Chi Alpha Fraternity Inc generated $14.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $6.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORTED UNDERGRADUATE CHAPTER THROUGH MANAGEMENT & FUNDING OF EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Will Swallwell Treasurer | 1 | $0 | |
Casey Kociolek Vice President | 1 | $0 | |
Paul Privitera Secretary | 1 | $0 | |
Dustin Mcnulty President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $5,649 |
Investment income | $8,495 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,144 |
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 | $6,083 |
Total expenses | $6,083 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,306 |
Other assets | $0 |
Total assets | $100,014 |
Total liabilities | $0 |
Net assets or fund balances | $100,014 |
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University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Minnesota State University Moorhead Foundation Inc Moorhead, MN | $54,713,743 | $22,543,778 |
University Of Minnesota Alumni Association Minneapolis, MN | $34,396,499 | $3,938,876 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Northern Illinois University Alumni Association Dekalb, IL | $2,687,455 | $1,196,387 |
Alumni Association Of The University Of South Dakota Vermillion, SD | $0 | $7,549 |
South Dakota State University Alumni Association Brookings, SD | $649,499 | $1,131,261 |