Lambda Chi Alpha Fraternity Inc
- Assets
- $3.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 04/1941
- Data as of
- 06/2023
- EIN
- 46-0993640
Organization Overview
Lambda Chi Alpha Fraternity Inc is located in Lubbock, TX. The organization was established in 1941. 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 06/2023, Lambda Chi Alpha Fraternity Inc generated $163.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $165.9k during the year ending 06/2023. While expenses have increased by 10.2% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 88 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Miranda Treasurer | 0 | $0 | |
Aidan Anderson President | 0 | $0 | |
Sokol Evans Vice Preside | 0 | $0 | |
Grayson Pelton Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,866 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,463 |
| Other Revenue | $0 |
| Total Revenue | $163,329 |
| 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 | $4,840 |
| Occupancy, rent, utilities, and maintenance | $50,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $108,579 |
| Total expenses | $165,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,761 |
| Other assets | $0 |
| Total assets | $3,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,761 |