Alpha Gamma Rho Fraternity

Organization Overview

Alpha Gamma Rho Fraternity, operating under the name Lambda Active Chapter, is located in Minneapolis, MN. The organization was established in 0000. 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 Active Chapter is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2023, Lambda Active Chapter generated $293.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $281.2k during the year ending 06/2023. While expenses have increased by 1.0% per year over the past 4 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP CONSISTED OF 35 MALE UNDERGRADUAE STUDENTS ATTENDING THE UNIVERSITY OF MINNESOTA HOUSING IS MADE AVAILABLE FOR UP TO 50 MEMBERS DURING THE ACADEMIC SCHOOL YEAR FROM AUGUST 2022 - MAY 2023 MEALS WERE ONLY PROVIDED FOR HALF OF FALL SEMESTER TO ITS MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Dane Haubenschild
President
$0
Caden Bruzek
Treasurer
$0
Will Tipton
House Manager
$0
Justin Post
Activities/risk Mgmt
$0
Weston Schwecke
Scholarship
$0
Caden Carlson
Planning
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$291,853
Investment income $445
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $966
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $293,742

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