Lambda Alpha International
- Assets
- $58.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 11/1968
- Data as of
- 12/2023
- EIN
- 68-0393043
Organization Overview
Lambda Alpha International is located in Sacramento, CA. The organization was established in 1968. 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 Alpha International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Lambda Alpha International generated $79.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $105.8k during the year ending 12/2023. 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
MEMBERS GATHERED TO SHARE INFORMATION AND DISCUSS CURRENT ISSUES FACING LAND ECONOMICS AND MANAGEMENT; GUEST SPEAKERS WERE BROUGHT IN TO DISCUSS THE REAL ESTATE ECONOMIC OUTLOOK FOR THE STATE OF CALIFORNIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Walker President | 1 | $0 | |
Naaz Alikhan Past President | 1 | $0 | |
Bill Andrews Treasurer | 1 | $0 | |
John Nicolaus Chairman | 1 | $0 | |
Mark Aitken Director | 1 | $0 | |
Stephen Fleming Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,305 |
| Membership dues | $44,605 |
| Investment income | $132 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,042 |
| 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 | $36,890 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $167 |
| Other expenses | $68,763 |
| Total expenses | $105,820 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,947 |
| Other assets | $0 |
| Total assets | $58,947 |
| Total liabilities | $25,340 |
| Net assets or fund balances | $33,607 |