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Lambda Alumni Corporation

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

EIN: 274414316 ✦ St paul, MN ✦ Designated as a 501(c)(7)

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Overview

What is Lambda Alumni Corporation?

Lambda Alumni Corporation is a nonprofit organization based in St. Paul, Minnesota. Its primary mission is to provide housing facilities for members of the Lambda Chapter of Alpha Gamma Rho fraternity at the University of Minnesota's Twin City campus. This organization plays a crucial role in offering a residential space for fraternity members, contributing to their overall university experience.

Is Lambda Alumni Corporation legitimate?

Lambda Alumni Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Alumni Corporation 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

What is the mission statement of Lambda Alumni Corporation?

The Lambda Alumni Corporation serves a specific purpose, primarily focusing on providing housing facilities for the Lambda Chapter of Alpha Gamma Rho fraternity members at the University of Minnesota, Twin City Campus. This organization's mission is centered around ensuring suitable living spaces for fraternity members, thereby contributing to their overall university experience. The corporation's activities are primarily geared towards supporting the housing needs of the fraternity, thereby fostering a sense of community and camaraderie among its members.

Who is the CEO of Lambda Alumni Corporation?

Philip Clark is the Director of Lambda Alumni Corporation.

What is the revenue of Lambda Alumni Corporation?

Lambda Alumni Corporation's revenue in 2022 was $414,219.

Who are the executives of Lambda Alumni Corporation and what are their salaries?

There 20 volunteers at Lambda Alumni Corporation.


Here are 9 key members and their salaries:


Dylan Barth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd A Christopherson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Clark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Deblieck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Reveland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Shimota (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Sjostrom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Winkelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Alumni Corporation?

Lambda Alumni Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lambda Alumni Corporation

Lambda Alumni Corporation, an organization dedicated to its mission, primarily focuses on providing housing facilities for the Lambda Chapter of Alpha Gamma Rho Fraternity at the University of Minnesota, Twin City Campus. Essentially, their role is to ensure a residential space is available for fraternity members. By doing so, Lambda Alumni Corporation contributes to the fraternal experience, offering a supportive environment for its members to grow and develop during their university years.

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Impact




October, 2024

Lambda Alumni Corporation plays a pivotal role in supporting the Lambda Chapter of Alpha Gamma Rho Fraternity at the University of Minnesota, Twin City Campus by providing essential housing facilities for fraternity members. This organization creates a conducive living environment that fosters brotherhood, personal growth, and academic success among its members. By ensuring that the fraternity has a dedicated space, Lambda Alumni Corporation contributes to the social and educational development of young men, enhancing their college experience and helping them build lifelong connections within their community. The impact of this organization extends beyond mere housing; it cultivates leadership skills, teamwork, and a strong sense of belonging among its members.




This information is meant to be a general summary of Lambda Alumni Corporation. 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
$414,219 (2022)
Expenses
$275,837 (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: $132,000
  • Gross Receipts: $414,219

Assets and Liabilities:

  • Total Assets: $2,948,958
  • Total Liabilities: $474,164
  • Net Assets: $2,474,794

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Programs

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

RENTAL INCOME

Revenue

$132,000

Organization Details

Founding Year

2010

Principal Officer

Philip Clark

Main Address

PO BOX 8221, ST PAUL, MN, 55108

NTEE Category

Code: B84 - Education

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