Lambda Chi Alpha Fraternity Inc
- Assets
- $61.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- 06/1967
- EIN
- 42-0836504
Organization Overview
Lambda Chi Alpha Fraternity Inc is located in Iowa City, IA. The organization was established in 1967. 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 undefined, Lambda Chi Alpha Fraternity Inc generated $165.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $142.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING, AND SOCIAL PROGRAMS TO THE LOCAL SOCIAL FRATERNITY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethan Schaffner High Alpha | 0 | $0 | |
Trevor Bitner High Beta | 0 | $0 | |
Mason Jeffries High Theta | 0 | $0 | |
Hayden Westphal High Gamma | 0 | $0 | |
Ryan Roache High Tau | 0 | $0 | |
Jim Stenske High Iota | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $165,779 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,779 |
| Statement of Expenses | |
|---|---|
| Total expenses | $142,782 |
| Balance Sheet | |
|---|---|
| Total assets | $61,384 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,384 |