Lambda Chi Alpha Fraternity Inc is located in Chapel Hill, NC. The organization was established in 1953. 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 $198.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $199.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 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- TOTAL OF 22 MEMBERS FOR THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Renegar High Alpha | 0 | $0 | |
Jake Padgett High Beta | 0 | $0 | |
Matthew Hoffman High Gamma | 0 | $0 | |
Davindra Rammani High Tau | 0 | $0 | |
Matthew Hoffman High Theta | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $198,150 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,150 |
| Statement of Expenses | |
|---|---|
| Total expenses | $199,469 |
| Balance Sheet | |
|---|---|
| Total assets | $3,228 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,228 |