Lambda Chapter Of Kappa Delta House Corporation

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

EIN: 361305580 ✦ Wilmette, IL ✦ Designated as a 501(c)(2)

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Overview

What is Lambda Chapter Of Kappa Delta House Corporation?

The Lambda Chapter of Kappa Delta House Corporation is a nonprofit organization located at 715 Ridge Road 2C, Wilmette, IL 60091. Their primary mission is to provide and maintain appropriate sorority housing for the collegiate chapter of Kappa Delta, ensuring a living environment that matches or surpasses those offered by other similar groups on campus. This housing-related expense alignment with their exempt purpose further strengthens their nonprofit status. They currently employ a single individual to oversee these operations.

Is Lambda Chapter Of Kappa Delta House Corporation legitimate?

Lambda Chapter Of Kappa Delta House Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Lambda Chapter Of Kappa Delta House 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: $51,000

For more financial information, click here

What is the mission statement of Lambda Chapter Of Kappa Delta House Corporation?

The Lambda Chapter of Kappa Delta House Corporation's mission is to offer and maintain high-quality sorority housing that surpasses or matches the standards of other similar organizations on campus. Their primary goal is to provide a suitable living environment for the collegiate chapter. The expenses associated with providing such housing contribute to the corporation's exempt purpose. In essence, their mission is to ensure their sorority housing is among the best on campus, providing a comfortable and conducive living space for their members.

Who is the CEO of Lambda Chapter Of Kappa Delta House Corporation?

Susan Salay is the President And Treasurer of Lambda Chapter Of Kappa Delta House Corporation.

What is the revenue of Lambda Chapter Of Kappa Delta House Corporation?

Lambda Chapter Of Kappa Delta House Corporation's revenue in 2022 was $282,862.

Who are the executives of Lambda Chapter Of Kappa Delta House Corporation and what are their salaries?

The average compensation at Lambda Chapter Of Kappa Delta House Corporation during 2022 was $51,000. There is 1 employee at Lambda Chapter Of Kappa Delta House Corporation.


Here are 3 key members and their salaries:


Susan Salay (President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raynette Bradford (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Eliff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Chapter Of Kappa Delta House Corporation?

Lambda Chapter Of Kappa Delta House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lambda Chapter Of Kappa Delta House Corporation

Lambda Chapter of Kappa Delta House Corporation is committed to providing and maintaining suitable sorority housing that surpasses or matches the standard of other such organizations on campus. Their mission is centered around creating an appropriate living environment for their collegiate chapter, with the associated expenses contributing to their tax-exempt purpose. By ensuring high-quality housing, the organization seeks to uphold its reputation and provide a comfortable and secure space for its members, fostering a sense of community and sisterhood.

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Impact




October, 2024

The Lambda Chapter of Kappa Delta House Corporation plays a vital role in enhancing the collegiate experience for its members by providing and maintaining high-quality sorority housing. Its commitment to offering accommodations that are comparable to or better than those of peer groups on campus not only fosters a supportive and engaging living environment but also strengthens the sense of community among members.

By ensuring that the housing meets the needs of the sorority, the organization contributes to a positive and enriching atmosphere that promotes academic excellence, personal development, and lifelong friendships. The House Corporation's efforts in managing housing expenses and facilities create a secure and welcoming space where collegiate women can thrive, thereby impacting their educational journeys and overall collegiate lives positively. The commitment to maintaining and improving the sorority house reflects a broader dedication to community enhancement and the well-being of its members.




This information is meant to be a general summary of Lambda Chapter Of Kappa Delta House 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
$282,862 (2022)
Expenses
$460,174 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $317
  • Program Service Revenue: $282,545
  • Gross Receipts: $282,862

Assets and Liabilities:

  • Total Assets: $1,188,976
  • Total Liabilities: $47,013
  • Net Assets: $1,141,963

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Programs

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

ROOM AND BOARD

Revenue

$282,545

Organization Details

Founding Year

1927

Principal Officer

Susan Salay

Main Address

715 RIDGE ROAD 2C, WILMETTE, IL, 600912482

NTEE Category

Code: S47 - Community improvement

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