Lambda Iota Society Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030188730 ✦ Colchester, VT ✦ Designated as a 501(c)(7)

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Overview

What is Lambda Iota Society Inc?

Lambda Iota Society Inc is a nonprofit organization situated in Colchester, Vermont, primarily focused on operating a fraternity within the University of Vermont's campus in Burlington. Their primary mission revolves around managing and maintaining this local fraternity, thus contributing to the university community.


Official website here: www.lambdaiota.org

Is Lambda Iota Society Inc legitimate?

Lambda Iota Society Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Iota Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lambdaiota.org

What is the mission statement of Lambda Iota Society Inc?

The Lambda Iota Society Inc. is dedicated to managing a local fraternity on a university campus, specifically at the University of Vermont in Burlington, Vermont. Their mission is to oversee the operation of this fraternity. While the provided information does not specify the exact objectives or impact of this mission, it is clear that their primary role is to manage and maintain the presence of the fraternity within the academic community.


Official website here: www.lambdaiota.org

Who is the CEO of Lambda Iota Society Inc?

Christopher Gookin is the Charimanpres of Lambda Iota Society Inc.


Official website here: www.lambdaiota.org

What is the revenue of Lambda Iota Society Inc?

Lambda Iota Society Inc's revenue in 2022 was $219,674.


Official website here: www.lambdaiota.org

Who are the executives of Lambda Iota Society Inc and what are their salaries?


Here are 5 key members and their salaries:


Joel Sodano (Communications Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wager (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Verdo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Gookin (Charimanpres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Baker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lambdaiota.org

Where can I find the form 990 for Lambda Iota Society Inc?

Lambda Iota Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lambdaiota.org

Learn more at the official website: www.lambdaiota.org

Mission Statement of Lambda Iota Society Inc

Lambda Iota Society, a local organization, is dedicated to the operation of a fraternity on the campus of the University of Vermont in Burlington, Vermont. Their mission is centered around maintaining and nurturing this fraternity, with the goal of positively impacting the university community. The society serves as a hub for social, academic, and personal growth for its members, fostering a sense of brotherhood and shared purpose. Their mission is to create an inclusive and supportive environment, where individuals can develop lifelong friendships and hone essential skills for success in their personal and professional lives.

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Impact




October, 2024

Lambda Iota Society Inc significantly influences the University of Vermont community by fostering a sense of belonging and leadership among its members through the operation of a local fraternity. By providing a structured environment for personal growth, the Society encourages academic excellence, civic engagement, and community involvement among students.

Its presence promotes a culture of education, emphasizing the development of vital skills such as teamwork, communication, and responsibility. Through various events and initiatives, the fraternity not only supports its members in their educational pursuits but also engages with the broader community in Burlington, enhancing the social fabric of the campus and surrounding area.

Lambda Iota Society Inc plays a crucial role in shaping the college experience of its members, encouraging lifelong friendships, networking opportunities, and leadership development, all while contributing positively to the University of Vermont's educational mission.




This information is meant to be a general summary of Lambda Iota Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$219,674 (2022)
Expenses
$305,062 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $219,104
  • Gross Receipts: $219,674

Assets and Liabilities:

  • Total Assets: $1,334,083
  • Total Liabilities: $1,719,520
  • Net Assets: -$385,437

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OPERATION OF FRATERNITY

Revenue

$219,104

Organization Details

Founding Year

1836

Principal Officer

Christopher Gookin

Main Address

CO J GOLDSBURY 578 SUNDERLAND WDS, COLCHESTER, VT, 05446

NTEE Category

Code: B83 - Education

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