Lambda Chi Alpha Fraternity Inc is located in Clearwater, FL. 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 12/2023, Lambda Chi Alpha Fraternity Inc generated $87.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $59.0k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 2 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 71 MEMBERS FOR THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harrison Rodriguez High Alpha | 0 | $0 | |
Logan Dennehy High Beta | 0 | $0 | |
Finlay Williamson High Delta | 0 | $0 | |
Josh Nowak High Epsilon | 0 | $0 | |
Caleb Carlson High Gamma | 0 | $0 | |
Christopher Mullin High Iota | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $87,366 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,366 |
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 | $425 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $58,624 |
Total expenses | $59,049 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,146 |
Other assets | $0 |
Total assets | $39,146 |
Total liabilities | $0 |
Net assets or fund balances | $39,146 |