Lambda Chi Alpha Fraternity Inc
- Assets
- $26.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 00/0000
- Data as of
- 07/2024
- EIN
- 45-0156330
Organization Overview
Lambda Chi Alpha Fraternity Inc is located in Grand Forks, ND. 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 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 07/2024, Lambda Chi Alpha Fraternity Inc generated $171.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $163.7k during the year ending 07/2024. While expenses have increased by 6.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING, AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 93 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tucker Schiele President | 1 | $0 | |
Jack Weikum Treasurer | 1 | $0 | |
Cayden Sorge Sigma | 1 | $0 | |
Luke Pengilly Gamma | 1 | $0 | |
Ashton Lipinski Theta | 1 | $0 | |
Ian Stumbo Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,527 |
| Membership dues | $124,738 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,265 |
| 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 | $3,490 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $160,180 |
| Total expenses | $163,670 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,019 |
| Other assets | $0 |
| Total assets | $26,019 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,019 |