Lambda Chi Alpha Fraternity Inc

Organization Overview

Lambda Chi Alpha Fraternity Inc is located in Carmel, IN. The organization was established in 1941. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Lambda Chi Alpha Fraternity Inc employed 46 individuals. This organization is a parent organization of 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 06/2021, Lambda Chi Alpha Fraternity Inc generated $6.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT AFFILIATED CHAPTERS AND COLONIES THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHAPTER SERVICES INVOLVES VISITATION TO CHAPTERS AND COLONIES BY FRATERNITY STAFF AND PERSONNEL, WHO HAVE GONE THROUGH TRAINING AND EDUCATION PRIOR TO VISITATIONS. THE VISITATIONS INCLUDE INSPECTIONS, COUNSELING AND LEADERSHIP FOR MEMBERS.


THE EDUCATION TEAM PROVIDES EXTENSIVE ONLINE TRAINING AS WELL AS IN-PERSON TRAINING AT CHAPTER WORKSHOPS, SUMMER CONFERENCES, AND CHAPTER PRESIDENTS' SUMMIT.


THE HEALTH & WELLNESS TEAM PROVIDES CHAPTERS WITH RISK MANAGEMENT TOOLS AND LIABILITY INSURANCE, OFFERING COVERAGE TO CHAPTERS, MEMBERS, AND ALUMNI VOLUNTEERS THROUGH A THIRD PARTY INSURANCE AGENCY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cyberian Technologies
It Maintenance And Support, Disaster Rec
$161,810
North Pennsylvania Associates Llc
Property Manger/leasing Agent
$183,930
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,375,799
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,375,799
Total Program Service Revenue$5,045,159
Investment income $22,648
Tax Exempt Bond Proceeds $0
Royalties $94,905
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,136
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$351
Miscellaneous Revenue$0
Total Revenue $6,798,372

Grants Awarded

Over the last fiscal year, Lambda Chi Alpha Fraternity Inc has awarded $155,500 in support to 2 organizations.

Grant RecipientAmount

LAMBDA CHI ALPHA EDUCATIONAL FOUNDATION INC

Org PageRecipient Profile

Carmel, IN

PURPOSE: BILL FARKAS FUND

$130,500

ST VINCENT FOUNDATION

Org PageRecipient Profile

St Louis, MO

PURPOSE: GENERAL CONTRIBUTION

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lambda Chi Alpha Fraternity Inc has recieved totaling $711,050.

Awarding OrganizationAmount
Lambda Chi Alpha Educational Foundation Inc

Carmel, IN

PURPOSE: EDUCATIONAL PROGRAMS

$700,000
Lambda Chi Alpha Educational Foundation Inc

Carmel, IN

PURPOSE: CONFERENCE SCHOLARSHIPS

$11,050
View Grant Recipient Profile

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