Overview
What is Lambda Chi Alpha Fraternity Inc?
Lambda Chi Alpha Fraternity Inc, specifically its Iota Pi Zeta chapter, functions as a student-led sorority and fraternity organization. Led by Blake Kormos, this nonprofit is situated in Fort Worth, Texas. With a significant financial contribution of $390,208 last year, the organization is actively engaged in its social fraternity mission. Although the description does not provide specific details about their activities, it is clear that Lambda Chi Alpha Fraternity Inc is dedicated to fostering a sense of community among its members.
Is Lambda Chi Alpha Fraternity Inc legitimate?
Lambda Chi Alpha Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Chi Alpha Fraternity Inc 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
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What is the mission statement of Lambda Chi Alpha Fraternity Inc?
Lambda Chi Alpha Fraternity Inc, with the chapter Iota Pi Zeta, serves as a student-led sorority and fraternity organization. While the specific mission statement is not provided, the organization's primary activity is centered around social engagement. Last year, they reported a total revenue of $390,208, indicating a significant level of engagement and support from the community. However, the mission statement, which outlines the organization's objectives and purpose beyond social activities, is not explicitly stated in the provided information.
Who is the CEO of Lambda Chi Alpha Fraternity Inc?
Frank Basile is the President of Lambda Chi Alpha Fraternity Inc.
What is the revenue of Lambda Chi Alpha Fraternity Inc?
Lambda Chi Alpha Fraternity Inc's revenue in 2022 was $208,293.
Who are the executives of Lambda Chi Alpha Fraternity Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Lambda Chi Alpha Fraternity Inc?
Lambda Chi Alpha Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lambda Chi Alpha Fraternity Inc
Lambda Chi Alpha Fraternity, identified as Lambda Chi Alpha Fraternity / Iota Pi Zeta, serves as a student-led sorority and fraternity organization. This nonprofit organization is dedicated to fostering a social environment, with Blake Kormos overseeing its operations. While the specific goals or purposes of the fraternity are not explicitly stated in the provided information, it can be inferred that its mission revolves around providing a space for students to engage socially within the context of a fraternity or sorority. The organization's financial success, with a revenue of $390,208 generated last year, suggests its ability to sustain its activities and fulfill its mission effectively. However, without more detailed information, a comprehensive understanding of Lambda Chi Alpha Fraternity's mission and activities beyond its social nature remains elusive.
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Impact
October, 2024
Lambda Chi Alpha Fraternity Inc. has a significant impact on its members and the broader community through its commitment to education, leadership development, and fostering lifelong friendships. Operating as a social fraternity, it provides a platform for students to engage in personal growth and community service, promoting values such as brotherhood, respect, and responsibility.
With a focus on educational enrichment, Lambda Chi Alpha encourages academic achievement among its members, supporting them in their educational pursuits and facilitating networking opportunities that extend beyond college. The fraternity’s activities emphasize leadership development, preparing members for future roles in their careers and communities.
Moreover, Lambda Chi Alpha is engaged in various philanthropic efforts, contributing to the welfare of the community in Fort Worth and beyond. Through organized events and service projects, the fraternity cultivates a sense of social responsibility and enhances the collective impact of its members on society.
As a result, Lambda Chi Alpha Fraternity Inc. not only enriches the lives of its members but also acts as a positive force within the community, promoting education and civic engagement while fostering a strong network of support and friendship.
This information is meant to be a general summary of Lambda Chi Alpha Fraternity 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Gross Receipts: $208,293
Assets and Liabilities:
- Total Assets: $76,657
- Total Liabilities: $0
- Net Assets: $76,657
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Organization Details
Founding Year
1955
Phone
(949) 280-5933Principal Officer
Frank Basile
Main Address
2901 STADIUM DR TCU BOX 294519, FORT WORTH, TX, 76129
NTEE Category
Code: B83 - Education
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