Lambda Chi Alpha Fraternity Inc Alpha Omicron Association

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

EIN: 351188987 ✦ Bloomington, IN ✦ Designated as a 501(c)(7)

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Overview

What is Lambda Chi Alpha Fraternity Inc Alpha Omicron Association?

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association is a fraternal organization situated in Bloomington, Indiana. Their primary role is to offer residential accommodations for its active chapter members during their university studies at Indiana University. This organization is dedicated to providing a supportive living environment for its members, enabling them to focus on their academic pursuits.

Is Lambda Chi Alpha Fraternity Inc Alpha Omicron Association legitimate?

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Chi Alpha Fraternity Inc Alpha Omicron Association 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: $5,880
Other Salaries and Wages: $37,920

For more financial information, click here

What is the mission statement of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association?

The Lambda Chi Alpha Fraternity Inc Alpha Omicron Association's mission focuses on providing housing accommodations for its active chapter members during their attendance at a university. This organization is committed to ensuring that its members have a suitable living space while they are pursuing their academic studies. The primary objective is to support the fraternity members' university experience by providing a residential environment. This mission underscores the Fraternity's dedication to fostering a conducive living situation for its members, thereby enriching their overall university experience.

Who is the CEO of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association?

Kyle Ewert is the Treasurer of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association.

What is the revenue of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association?

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association's revenue in 2022 was $726,645.

Who are the executives of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association and what are their salaries?

The average compensation at Lambda Chi Alpha Fraternity Inc Alpha Omicron Association during 2022 was $5,417. There are 7 employees at Lambda Chi Alpha Fraternity Inc Alpha Omicron Association.


Here are 3 key members and their salaries:


Kyle Ewert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Drake (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Folkening (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Chi Alpha Fraternity Inc Alpha Omicron Association?

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association is a fraternal organization that is dedicated to providing housing solutions for its active chapter members while they are pursuing their education at Indiana University. This mission is central to the organization's operations and is designed to support the fraternity members during their college years. The association's purpose is to create an environment that fosters brotherhood and academic success, allowing the members to focus on their studies and personal growth. By providing housing, Lambda Chi Alpha Fraternity Inc Alpha Omicron Association aims to contribute to the overall well-being of its members, ensuring they have a comfortable and supportive living space during their university years.

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Impact




October, 2024

Lambda Chi Alpha Fraternity Inc Alpha Omicron Association significantly impacts the lives of its members by providing essential housing for active chapter members attending Indiana University. This support fosters a strong sense of community and belonging among students, enabling them to focus on their academic pursuits while benefiting from a structured environment. The fraternity plays a crucial role in shaping the collegiate experience by promoting teamwork, leadership, and personal development. Through its mission, the association not only contributes to the academic success of its members but also helps cultivate lifelong friendships and networks that extend beyond university life. By prioritizing the well-being of its members, Lambda Chi Alpha enhances the overall educational experience at Indiana University, supporting students in their journey toward personal and professional growth.




This information is meant to be a general summary of Lambda Chi Alpha Fraternity Inc Alpha Omicron Association. 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
$726,645 (2022)
Expenses
$419,725 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $154
  • Program Service Revenue: $726,491
  • Gross Receipts: $726,645

Assets and Liabilities:

  • Total Assets: $2,142,855
  • Total Liabilities: $186,162
  • Net Assets: $1,956,693

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Programs

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

Rent and Building Fund

Revenue

$726,491

Organization Details

Founding Year

1920

Principal Officer

Kyle Ewert

Main Address

PO Box 2628, Bloomington, IN, 47402

NTEE Category

Code: B83 - Education

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