Overview
What is Lambda Phi Epsilon National Fraternity?
Lambda Phi Epsilon National Fraternity is a small, nonprofit organization based in Carrollton, Texas. Their primary focus is promoting Asian American awareness within their local communities, achieved through various Asian American interest activities. The fraternity organizes annual and midyear conventions, serving as a platform to reevaluate and reemphasize their organizational goals. These events also recognize chapters that have excelled in meeting and surpassing the philanthropic objectives set by the organization. The organization has a single employee dedicated to its mission.
Official website here: www.lambdaphiepsilon.com
Is Lambda Phi Epsilon National Fraternity legitimate?
Lambda Phi Epsilon National Fraternity is a legitimate nonprofit organization registered as a 501(c)(10) entity. Lambda Phi Epsilon National Fraternity 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: $67,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lambdaphiepsilon.com
What is the mission statement of Lambda Phi Epsilon National Fraternity?
The Lambda Phi Epsilon National Fraternity's mission is centered around promoting awareness of the Asian American community in their surrounding areas. They achieve this through the organization of Asian American interest activities. The fraternity hosts annual and midyear conventions to reevaluate and reemphasize their organizational goals, awarding chapters that have exceeded their philanthropic objectives. These events serve as a platform to recognize and foster chapters that are committed to making a significant impact in their communities.
Official website here: www.lambdaphiepsilon.com
What is the revenue of Lambda Phi Epsilon National Fraternity?
Lambda Phi Epsilon National Fraternity's revenue in 2024 was $568,552.
Official website here: www.lambdaphiepsilon.com
Who are the executives of Lambda Phi Epsilon National Fraternity and what are their salaries?
The average compensation at Lambda Phi Epsilon National Fraternity during 2024 was $67,844. There is 1 employee at Lambda Phi Epsilon National Fraternity.
Here are 6 key members and their salaries:
- Compensation: $67,844
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lambdaphiepsilon.com
Where can I find the form 990 for Lambda Phi Epsilon National Fraternity?
Lambda Phi Epsilon National Fraternity's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lambdaphiepsilon.com
Learn more at the official website: www.lambdaphiepsilon.com
Mission Statement of Lambda Phi Epsilon National Fraternity
Lambda Phi Epsilon National Fraternity is committed to fostering awareness of the Asian American community within their local surroundings. They achieve this objective through the organization and promotion of activities that focus on Asian American interests. This mission is a crucial part of their operations, serving as a guiding principle for their various activities and initiatives. By engaging in these activities, Lambda Phi Epsilon National Fraternity seeks to foster a greater understanding and appreciation of the Asian American community among the broader population. This mission is not just a statement of intent, but a continuous effort that is re-evaluated and re-emphasized at their annual and midyear conventions. These conventions also serve as an opportunity to recognize and reward chapters that have surpassed the philanthropic goals set by the organization.
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Impact
October, 2024
Lambda Phi Epsilon National Fraternity significantly impacts the promotion of Asian American awareness in communities across the United States. Through various Asian American interest activities, the fraternity fosters understanding and appreciation of Asian culture and issues, cultivating a sense of identity and belonging among its members and the broader community.
Key initiatives include annual and midyear conventions that serve as platforms for planning and reassessing organizational goals, aligning efforts to meet the needs of the communities they serve. These gatherings not only encourage collaboration and networking among chapters but also recognize and reward those that excel in their philanthropic endeavors. By focusing on mutual benefit, Lambda Phi Epsilon creates lasting impacts that extend beyond its members, contributing to a more inclusive environment that celebrates diversity and promotes cultural awareness. Through these efforts, the fraternity continues to be a vital force in addressing Asian American concerns and enriching community engagement.
This information is meant to be a general summary of Lambda Phi Epsilon National Fraternity. 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 2024.
- Program Service Revenue: $568,552
- Gross Receipts: $568,552
Assets and Liabilities:
- Total Assets: $236,918
- Total Liabilities: $2,722
- Net Assets: $234,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION
Revenue
$78,269
MEMBERSHIP DUES & ASSESS
Revenue
$490,283
Organization Details
Founding Year
1995
Principal Officer
David Kim
Website
www.lambdaphiepsilon.comNTEE Category
Code: Y42 - Mutual benefit
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