Lambda Chapter Of Kappa Delta House Corp is located in Wilmette, IL. The organization was established in 1945. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Lambda Chapter Of Kappa Delta House Corp is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2021, Lambda Chapter Of Kappa Delta House Corp generated $84.7k 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 (27.2%) each year. All expenses for the organization totaled $260.0k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND MAINTAIN APPROPRIATE SORORITY HOUSING COMPARABLE TO OR BETTER THAN OTHER SUCH GROUPS ON CAMPUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF APPROPRIATE SORORITY HOUSING AND ENVIRONMENT FOR COLLEGIATE CHAPTER. THE PAYMENT OF EXPENSES RELATED TO THE PROVISION OF SUCH HOUSING FURTHERS THE CORPORATION'S EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heather Ruggio President | OfficerTrustee | 1 | $0 |
Susan Salay Treasurer | OfficerTrustee | 5 | $0 |
Jenn Luczkowiak Secretary | OfficerTrustee | 1 | $0 |
Madeleine Toups Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $84,093 |
Investment income | $585 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $84,678 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,124 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $49,600 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,783 |
Payroll taxes | $3,909 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,681 |
Fees for services: Accounting | $5,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $60,197 |
Insurance | $11,241 |
All other expenses | $28,280 |
Total functional expenses | $259,981 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $598,340 |
Savings and temporary cash investments | $297,894 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $458,781 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,355,015 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $35,740 |
Total liabilities | $35,740 |
Net assets without donor restrictions | $1,319,275 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,355,015 |
Beg. Balance | $14,235 |
Earnings | $83 |
Net Contributions | $70 |
Ending Balance | $14,388 |
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