Lambda Theta House Corporation Of Phi Mu Fraternity

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

EIN: 464828091 ✦ Columbia, SC ✦ Designated as a 501(c)(2)

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Overview

What is Lambda Theta House Corporation Of Phi Mu Fraternity?

Lambda Theta House Corporation is a nonprofit organization situated in Columbia, South Carolina, specifically at 6 Fraternity Circle. Its primary mission is to offer affordable housing options to members of Phi Mu Fraternity at the University of South Carolina. The corporation operates with a clear goal to cater to the housing needs of its fraternity members, ensuring affordability and accessibility.

Is Lambda Theta House Corporation Of Phi Mu Fraternity legitimate?

Lambda Theta House Corporation Of Phi Mu Fraternity is a legitimate nonprofit organization registered as a 501(c)(2) entity. Lambda Theta House Corporation Of Phi Mu 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lambda Theta House Corporation Of Phi Mu Fraternity?

The Lambda Theta House Corporation's mission is centered around providing affordable housing for members of the Phi Mu Fraternity at an unspecified university. This organization's primary goal is to ensure that these fraternity members have access to reasonably priced housing during their time at university. This initiative aims to support the Phi Mu Fraternity members in their academic pursuits and fraternity activities without the financial burden of expensive housing. The corporation's activities are focused solely on this mission, providing a vital service to the members of the Phi Mu Fraternity.

Who is the CEO of Lambda Theta House Corporation Of Phi Mu Fraternity?

Sheila Mendoza is the President of Lambda Theta House Corporation Of Phi Mu Fraternity.

What is the revenue of Lambda Theta House Corporation Of Phi Mu Fraternity?

Lambda Theta House Corporation Of Phi Mu Fraternity's revenue in 2022 was $921,032.

Who are the executives of Lambda Theta House Corporation Of Phi Mu Fraternity and what are their salaries?

There 5 volunteers at Lambda Theta House Corporation Of Phi Mu Fraternity.


Here are 4 key members and their salaries:


Nancy Hamill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Kash (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Mendoza (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Reyes (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Theta House Corporation Of Phi Mu Fraternity?

Lambda Theta House Corporation Of Phi Mu Fraternity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lambda Theta House Corporation Of Phi Mu Fraternity

Lambda Theta House Corporation of Phi Mu Fraternity is committed to providing affordable housing solutions for its members at the University of South Carolina. This nonprofit organization's mission is centered around ensuring that Phi Mu fraternity members have access to reasonably priced accommodations during their academic journey. By providing such housing, Lambda Theta House Corporation of Phi Mu Fraternity contributes to the well-being and comfort of its members, enabling them to focus on their studies and fraternity activities.

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Impact




October, 2024

Lambda Theta House Corporation of Phi Mu Fraternity significantly contributes to the well-being of its members by providing affordable housing specifically for Phi Mu fraternity members at the University of South Carolina. This initiative enhances the college experience, fostering a supportive community where members can live, learn, and grow together.

By ensuring access to affordable housing, the organization not only helps alleviate the financial burden on students but also encourages a sense of belonging and connection among members. This environment promotes academic success, personal development, and lasting friendships, all of which are essential components of the fraternity’s mission.

Moreover, the impact extends beyond the individual members to the broader community, as it supports the university's mission to offer a comprehensive educational experience. By focusing on community improvement through housing, Lambda Theta House Corporation plays a vital role in enhancing student life and community engagement at the University of South Carolina.




This information is meant to be a general summary of Lambda Theta House Corporation Of Phi Mu 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.

Revenue
$921,032 (2022)
Expenses
$896,754 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $921,027
  • Gross Receipts: $921,032

Assets and Liabilities:

  • Total Assets: $3,305,067
  • Total Liabilities: $2,103,797
  • Net Assets: $1,201,270

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Programs

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

ROOM & BOARD

Revenue

$921,027

Organization Details

Founding Year

2015

Principal Officer

Sheila Mendoza

Main Address

6 FRATERNITY CIRCLE, COLUMBIA, SC, 29201

NTEE Category

Code: S47 - Community improvement

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