Overview
What is L C A Holding Company?
LCA Holding Company, based in Akron, Ohio, serves as a vital entity for the active members of the Lambda Chi Alpha fraternity. Its primary role involves collecting rent from these members, ensuring that the necessary financial obligations such as mortgage payments, real estate taxes, and repairs are met. By fulfilling these responsibilities, LCA Holding Company provides its members with a suitable location to live and conduct chapter-related activities. The company's operations contribute to the overall well-being and functioning of the Lambda Chi Alpha fraternity.
Is L C A Holding Company legitimate?
L C A Holding Company is a legitimate nonprofit organization registered as a 501(c)(2) entity. L C A Holding Company submitted a form 990EZ, 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.
What is the mission statement of L C A Holding Company?
LC A Holding Company's primary role is to oversee the rental operations for the active members of the Lambda Chi Alpha chapter. It manages the property by making payments for mortgage debts, real estate taxes, and necessary repairs. This ensures that the members have a suitable location for living and conducting chapter business. The company's main purpose is to facilitate these living and operational needs for the Lambda Chi Alpha chapter members.
Who is the CEO of L C A Holding Company?
Larry Wilhelm is the President of L C A Holding Company.
What is the revenue of L C A Holding Company?
L C A Holding Company's revenue in 2022 was $65,652.
Who are the executives of L C A Holding Company and what are their salaries?
Here are 4 key members and their salaries:
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- Compensation: $2,900
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Where can I find the form 990EZ for L C A Holding Company?
L C A Holding Company's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of L C A Holding Company
LCA Holding Company, in essence, serves as a financial facilitator for the active members of Lambda Chi Alpha in Akron, Ohio. Its primary mission is to collect rent payments from these members, utilizing the funds to cover essential expenses such as mortgage debt, real estate taxes, and necessary repairs. This financial management allows the members to reside in a suitable location and conduct chapter business with ease. By ensuring the property's maintenance and affordability, LCA Holding Company enables the Lambda Chi Alpha chapter to operate effectively, fostering a sense of community and shared purpose among its members.
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Impact
October, 2024
L C A Holding Company plays a crucial role in supporting the Lambda Chi Alpha chapter by managing properties where members can live and conduct their activities. By collecting rent from active chapter members, the company ensures that the necessary funds are allocated for mortgage payments, real estate taxes, and repairs, which directly contributes to the upkeep and functionality of the facilities. This stewardship not only provides a stable and suitable environment for members but also fosters a sense of community and belonging among them. Located in Akron, OH, L C A Holding Company enhances the living and organizational conditions for Lambda Chi Alpha members, ultimately supporting their academic and social engagement.
This information is meant to be a general summary of L C A Holding Company. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $6,347
- Gross Receipts: $83,889
Assets and Liabilities:
- Total Assets: $26,281
- Total Liabilities: $26,797
- Net Assets: -$516
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Organization Details
Phone
(330) 958-1979Principal Officer
Larry Wilhelm
Main Address
PO BOX 542, AKRON, OH, 44309
NTEE Category
Code: S47 - Community improvement
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