Lambda Realty Corporation

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

EIN: 316049568 ✦ Cincinnati, OH ✦ Designated as a 501(c)(2)

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Overview

What is Lambda Realty Corporation?

Lambda Realty Corporation is a nonprofit organization, specifically established to offer affordable housing solutions for members of the Lambda Chi Alpha fraternity during their university studies at the University of Cincinnati. Its primary mission revolves around addressing the housing needs of this particular group, ensuring they have accessible and reasonably priced accommodations while pursuing their academic goals. The organization's activities and mission are wholly centered around this objective, contributing to the wellbeing and comfort of the Lambda Chi Alpha fraternity members during their university journey.

Is Lambda Realty Corporation legitimate?

Lambda Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Lambda Realty Corporation 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 Lambda Realty Corporation?

Lambda Realty Corporation's mission is centered around providing affordable housing options for members of the Lambda Chi Alpha fraternity during their time at the University of Cincinnati. This organization strives to meet the housing needs of its specific demographic, ensuring they can focus on their studies and fraternity activities without financial strain. By offering affordable housing solutions, Lambda Realty Corporation supports the overall well-being and success of its residents.

Who is the CEO of Lambda Realty Corporation?

Greg Braun is the President of Lambda Realty Corporation.

What is the revenue of Lambda Realty Corporation?

Lambda Realty Corporation's revenue in 2020 was $2,016.

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


Here are 4 key members and their salaries:


Greg Braun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Menzies (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Bradner (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Rice (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lambda Realty Corporation?

Lambda Realty Corporation's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Lambda Realty Corporation

Lambda Realty Corporation, as a mission-driven entity, is committed to providing affordable housing options for its primary clientele, the Lambda Chi Alpha fraternity members during their time at the University of Cincinnati. The corporation's focus is on ensuring that these individuals have accessible and reasonably priced housing solutions, enabling them to concentrate on their academic pursuits without the added burden of exorbitant housing costs. By offering affordable housing, Lambda Realty Corporation plays a significant role in supporting the fraternity members' overall university experience, enabling them to thrive in their academic and social environments.

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Impact




October, 2024

Lambda Realty Corporation plays a crucial role in enhancing the living conditions for Lambda Chi Alpha fraternity members at the University of Cincinnati by providing affordable housing. This initiative not only supports students academically by reducing financial burdens associated with housing, but it also fosters a sense of community and belonging among fraternity members. By ensuring that students have access to safe and affordable accommodations, Lambda Realty Corporation contributes to the overall educational experience, promoting stability and focus on academic pursuits. This impact extends beyond just housing; it cultivates an environment where members can thrive personally and socially during their university years.




This information is meant to be a general summary of Lambda Realty 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
$2,016 (2020)
Expenses
$6,906 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $2,016

Assets and Liabilities:

  • Total Assets: $22,520
  • Total Liabilities: $0
  • Net Assets: $22,520

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Organization Details

Principal Officer

Greg Braun

Main Address

4658 RILEY LANE, CINCINNATI, OH, 45227

NTEE Category

Code: B83 - Education

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