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Sigma Phi Lambda Inc

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

EIN: 752889487 ✦ Corinth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sigma Phi Lambda Inc?

Sigma Phi Lambda Inc is a nonprofit organization with a substantial presence in the southeastern United States, boasting over 1,035 members in its chapters. Committed to honoring God and elevating His name, the organization's mission is at the heart of its activities. With a strong focus on the southeastern region, Sigma Phi Lambda Inc strives to make a positive impact through its dedicated member base.


Official website here: www.sigmaphilambda.org

Is Sigma Phi Lambda Inc legitimate?

Sigma Phi Lambda Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Phi Lambda Inc submitted a form 990EZ, 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: $52,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,298

For more financial information, click here


Official website here: www.sigmaphilambda.org

What is the mission statement of Sigma Phi Lambda Inc?

Sigma Phi Lambda Inc, in its mission during the 2021-2022 period, focused on honoring God and amplifying His presence. With over 1,035 members in its southeastern United States chapters, the organization actively pursued this objective. The purpose of Sigma Phi Lambda was to glorify God and increase His recognition, which its members carried out through their collective activities.


Official website here: www.sigmaphilambda.org

What is the revenue of Sigma Phi Lambda Inc?

Sigma Phi Lambda Inc's revenue in 2024 was $225,102.


Official website here: www.sigmaphilambda.org

Who are the executives of Sigma Phi Lambda Inc and what are their salaries?

The average compensation at Sigma Phi Lambda Inc during 2024 was $17,453. There are 5 employees and 5 volunteers at Sigma Phi Lambda Inc.

Here are 7 key members and their salaries:


Cara Morris (Co Executive)
  • Compensation: $29,969
  • Related: $0
  • Other: $0
Christy Watson (Co Executive)
  • Compensation: $22,999
  • Related: $0
  • Other: $0
Sarah Brown (Alumnae Liai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bailey Gleitz (Treasurer/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deidre Merseal (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Moore (Rd Liaison/D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Thompson (Chairperson/)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sigmaphilambda.org

Where can I find the form 990 for Sigma Phi Lambda Inc?

Sigma Phi Lambda Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sigmaphilambda.org

Learn more at the official website: www.sigmaphilambda.org

Mission Statement of Sigma Phi Lambda Inc

Sigma Phi Lambda Inc, a nonprofit organization with a significant presence in the southeastern United States, saw its membership grow to over 1,035 individuals in the 2021-2022 period. The primary purpose driving this community of members was a shared commitment to glorifying God and spreading His name widely. This mission was the guiding force behind their activities across various chapters, which they carried out diligently throughout the year.

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Impact




October, 2024

Sigma Phi Lambda Inc has made a significant impact in the southeastern United States through its commitment to glorifying God and promoting positive values among its members. In the 2021-2022 period, the organization engaged over 1,035 individuals across various chapters, fostering a sense of community and shared purpose. The activities conducted by the chapters not only focus on spiritual growth but also emphasize the importance of education, encouraging members to develop both personally and academically.

By uniting like-minded individuals, Sigma Phi Lambda has created a supportive environment where members can collaborate on initiatives that reflect their values. This collective effort contributes to the broader community, extending the organization's influence beyond its members to positively affect those around them. Through educational programs and community outreach, Sigma Phi Lambda Inc seeks to inspire others, instilling a sense of responsibility and service that resonates throughout the region.




This information is meant to be a general summary of Sigma Phi Lambda Inc. 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
$225,102 (2024)
Expenses
$164,160 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20
  • Program Service Revenue: $19,869
  • Gross Receipts: $232,818

Assets and Liabilities:

  • Total Assets: $137,777
  • Total Liabilities: $0
  • Net Assets: $137,777

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Programs

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

EVENT FEES

Revenue

$11,250

MERCHANDISE ROYALTY

Revenue

$8,619

Organization Details

NTEE Category

Code: B84 - Education

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