Lambda Delta Phi Corporation

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

EIN: 416081729 ✦ Minneapolis, MN ✦ Designated as a 501(c)(7)

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Overview

What is Lambda Delta Phi Corporation?

Lambda Delta Phi Corporation is a nonprofit organization situated in Minneapolis, Minnesota. Its primary purpose is to offer housing and a supportive environment for the undergraduate chapter of the Lambda Delta Phi Sorority at the University of Minnesota. During the fiscal year of July 2021 to June 2022, up to 21 undergraduate members of the sorority can reside in the provided housing. Meals are prepared for all undergraduate sorority members as part of the organization's commitment to their well-being.

Is Lambda Delta Phi Corporation legitimate?

Lambda Delta Phi Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Delta Phi 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: $0

For more financial information, click here

What is the mission statement of Lambda Delta Phi Corporation?

Lambda Delta Phi Corporation's primary mission is to provide a suitable living environment and housing for the undergraduate chapter of the Lambda Delta Phi Sorority. This organization, primarily composed of alumnae from the University of Minnesota, offers housing accommodations for up to 21 undergraduate members of the Lambda Delta Phi Sorority during the fiscal year from July 2021 to June 2022. Additionally, the corporation ensures that meals are prepared for all undergraduate sorority members during this period. By providing a home and nourishment, Lambda Delta Phi Corporation supports the undergraduate chapter of Lambda Delta Phi Sorority, enabling them to focus on their studies and sorority activities.

Who is the CEO of Lambda Delta Phi Corporation?

Pamela Dressen is the President of Lambda Delta Phi Corporation.

What is the revenue of Lambda Delta Phi Corporation?

Lambda Delta Phi Corporation's revenue in 2023 was $183,512.

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

There 20 volunteers at Lambda Delta Phi Corporation.


Here are 5 key members and their salaries:


Pamela Dressen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Soukup (Abby Schuft)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olivia Drehmel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Martens (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Ducharme (Property Manager/Active Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Delta Phi Corporation?

Lambda Delta Phi Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lambda Delta Phi Corporation

Lambda Delta Phi Corporation, an organization primarily composed of alumni from the Lambda Delta Phi Sorority at the University of Minnesota, is dedicated to providing a suitable living space and environment for the undergraduate chapter of this sorority. The corporation's mission is centered around offering housing accommodations for up to 21 undergraduate members of the Lambda Delta Phi Sorority during the fiscal year spanning from July 2021 to June 2022. In addition to providing housing, the corporation ensures that meals are prepared for all members of the undergraduate sorority, ensuring their wellbeing and nutritional needs are met. Lambda Delta Phi Corporation plays a significant role in supporting the undergraduate chapter of the Lambda Delta Phi Sorority, creating a nurturing environment for their growth and development during their university years.

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Impact




October, 2024

Lambda Delta Phi Corporation significantly enhances the college experience for its undergraduate members by providing essential housing and a structured environment that fosters sisterhood and support. Located in Minneapolis, the organization focuses on creating a supportive community for the Lambda Delta Phi Sorority at the University of Minnesota, accommodating up to 21 undergraduate members during the fiscal year.

By offering meals and communal living arrangements, Lambda Delta Phi Corporation facilitates not only a safe and comfortable living space but also promotes a sense of belonging and collaboration among members. This nurturing environment allows students to focus on their academics and personal development, enriching their educational journeys. Moreover, the presence of alumnae lends additional mentorship and guidance, further strengthening the sorority's impact on individual growth and leadership skills.




This information is meant to be a general summary of Lambda Delta Phi 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
$183,512 (2023)
Expenses
$180,628 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $20
  • Program Service Revenue: $140,667
  • Gross Receipts: $183,512

Assets and Liabilities:

  • Total Assets: $1,571,135
  • Total Liabilities: $1,247,336
  • Net Assets: $323,799

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Programs

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

RENT,INSURANCE

Revenue

$127,020

HOUSE BONDS

Revenue

$7,800

INIT FEES/ALUMNAE DUES

Revenue

$4,345

SOCIAL MEETING

Revenue

$1,502

Organization Details

Founding Year

1967

Principal Officer

Pamela Dressen

Main Address

2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN, 55414

NTEE Category

Code: B83 - Education

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