Overview
What is Lambda House Inc?
Lambda House Inc, located in Angola, Indiana, is an alumni group associated with the Indiana Theta Chapter of Sigma Phi Epsilon. This nonprofit organization manages and maintains the chapter house at Trine University, offering student housing to its members. The primary objective of Lambda House Inc is to facilitate and motivate the social, recreational, and fraternal activities of the student members belonging to the Indiana Theta Chapter of Sigma Phi Epsilon Fraternity. The organization operates with a small team of one dedicated individual.
Official website here: www.lambdahouse.org
Is Lambda House Inc legitimate?
Lambda House Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda House 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: $18,045
For more financial information, click here
Official website here: www.lambdahouse.org
What is the mission statement of Lambda House Inc?
Lambda House Inc, the alumni group associated with the Indiana Theta Chapter of Sigma Phi Epsilon fraternity, aims to foster and encourage the activities of its affiliated chapter. This is achieved by managing the chapter house at Trine University, which provides housing for the members, thereby supporting their social, recreational, and fraternal activities. By doing so, Lambda House Inc contributes to the overall development and engagement of the student members. The organization's primary objective is to uphold the values and activities of the Sigma Phi Epsilon fraternity within its chapter.
Official website here: www.lambdahouse.org
Who is the CEO of Lambda House Inc?
Rick Hoover is the Member At Large of Lambda House Inc.
Official website here: www.lambdahouse.org
What is the revenue of Lambda House Inc?
Lambda House Inc's revenue in 2023 was $323,120.
Official website here: www.lambdahouse.org
Who are the executives of Lambda House Inc and what are their salaries?
The average compensation at Lambda House Inc during 2023 was $18,045. There is 1 employee at Lambda House Inc.
Here are 6 key members and their salaries:
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Official website here: www.lambdahouse.org
Where can I find the form 990 for Lambda House Inc?
Lambda House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lambdahouse.org
Learn more at the official website: www.lambdahouse.org
Mission Statement of Lambda House Inc
Lambda House Inc, an alumni group affiliated with the Indiana Theta Chapter of Sigma Phi Epsilon Fraternity, is dedicated to fostering and encouraging the activities of its associated fraternity chapter. The primary mission of Lambda House Inc is to provide a conducive environment for the members of the Indiana Theta Chapter of Sigma Phi Epsilon, offering them a chapter house at Trine University. This chapter house serves as a hub for the social, recreational, and fraternal activities of the student members, thereby contributing to their overall college experience. By owning, operating, and maintaining this chapter house, Lambda House Inc plays a significant role in supporting the members of Sigma Phi Epsilon Fraternity, allowing them to engage in various activities that enhance their university life.
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Impact
October, 2024
Lambda House Inc has a significant impact on the Indiana Theta Chapter of Sigma Phi Epsilon fraternity at Trine University. By owning, operating, and maintaining the chapter house, Lambda House provides essential housing that fosters a sense of community among members. This environment not only supports academic success but also enhances social, recreational, and fraternal activities, which are vital for personal development during the college years.
Through its commitment to promoting and encouraging fraternity activities, Lambda House helps cultivate leadership, friendship, and a strong network among alumni and current members. The chapter house serves as a physical and symbolic hub for these interactions, allowing students to engage in meaningful experiences that contribute to their overall growth and development. With its focus on these core values, Lambda House Inc plays a crucial role in enriching the lives of its members and strengthening the fraternity's legacy at Trine University.
This information is meant to be a general summary of Lambda House 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,480
- Program Service Revenue: $275,022
- Gross Receipts: $346,719
Assets and Liabilities:
- Total Assets: $1,032,434
- Total Liabilities: $535,644
- Net Assets: $496,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FEES
Revenue
$275,022
Organization Details
Founding Year
1974
Principal Officer
Rick Hoover
Main Address
PO BOX 1072, ANGOLA, IN, 46703
Website
www.lambdahouse.orgNTEE Category
Code: B83 - Education
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