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Lxa Alumni Association Inc

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

EIN: 821779169 ✦ Shreveport la, LA ✦ Designated as a 501(c)(7)

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Overview

What is Lxa Alumni Association Inc?

The Lxa Alumni Association Inc is a nonprofit organization dedicated to supporting the Louisiana State University chapter of Lambda Chi Alpha fraternity. Their primary mission is to provide housing, meals, and social gatherings for the fraternity's active members. The association aims to uphold the seven core values of Lambda Chi Alpha, including loyalty, duty, respect, service to others, stewardship, honor, integrity, and personal courage. By maintaining a fraternity house and offering essential amenities, the Lxa Alumni Association Inc fosters a supportive environment for its members, furthering the principles and ideals of the fraternity.


Official website here: www.lsulambdachi.org/

Is Lxa Alumni Association Inc legitimate?

Lxa Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lxa Alumni Association 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

For more financial information, click here


Official website here: www.lsulambdachi.org/

What is the mission statement of Lxa Alumni Association Inc?

The Lxa Alumni Association Inc is an organization committed to supporting the active chapter of Lambda Chi Alpha Fraternity at Louisiana State University. Its primary mission is to acquire property and provide housing, meals, and social gatherings for the fraternity members, upholding the principles and ideals of Lambda Chi Alpha Fraternity. The seven core values the association aims to promote include loyalty, duty, respect, service to others, stewardship, honor, integrity, and personal courage. Specifically, the association's goal is to maintain a fraternity house at Louisiana State University and offer meals and housing to the active members of Lambda Chi Alpha Fraternity.


Official website here: www.lsulambdachi.org/

Who is the CEO of Lxa Alumni Association Inc?

Bill Fountain is the President of Lxa Alumni Association Inc.


Official website here: www.lsulambdachi.org/

What is the revenue of Lxa Alumni Association Inc?

Lxa Alumni Association Inc's revenue in 2020 was $95,774.


Official website here: www.lsulambdachi.org/

Who are the executives of Lxa Alumni Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Bill Fountain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Willingham (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Roberts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lsulambdachi.org/

Where can I find the form 990 for Lxa Alumni Association Inc?

Lxa Alumni Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.lsulambdachi.org/

Learn more at the official website: www.lsulambdachi.org/

Mission Statement of Lxa Alumni Association Inc

The Lxa Alumni Association Inc, an organization dedicated to supporting the active chapter of Lambda Chi Alpha Fraternity at Louisiana State University, aims to fulfill its mission by acquiring property and providing housing, dining, and social gatherings for its members. This is done to uphold and promote the principles and ideals of Lambda Chi Alpha Fraternity, which include values such as loyalty, duty, respect, service to others, stewardship, honor, integrity, and personal courage. At the heart of its mission, the Lxa Alumni Association Inc strives to maintain a fraternity house at Louisiana State University and offer meals and housing to the active members of Lambda Chi Alpha Fraternity. By doing so, it contributes to the overall well-being and growth of the fraternity, fostering a sense of unity and camaraderie among its members.

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Impact




October, 2024

Lxa Alumni Association Inc significantly impacts the community by providing essential support to the active chapter of Lambda Chi Alpha Fraternity at Louisiana State University. By maintaining a fraternity house, the Association ensures that members have access to safe and conducive housing, which is crucial for their academic and social development.

The provision of meals and accommodations fosters a strong sense of brotherhood among members, allowing them to nurture relationships while embodying the fraternity's core values: loyalty, duty, respect, service to others, stewardship, honor, integrity, and personal courage. This environment encourages members to focus on their education and personal growth, which ultimately contributes positively to the broader campus community.

Furthermore, the Association's efforts promote the ideals of Lambda Chi Alpha, creating a legacy of leadership and service. This commitment not only enhances the college experience for current members but also strengthens alumni connections, fostering a network of support that benefits both past and present members. By investing in the future of its active members, Lxa Alumni Association Inc plays a vital role in shaping responsible, community-oriented leaders.




This information is meant to be a general summary of Lxa Alumni Association 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
$95,774 (2020)
Expenses
$45,228 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $90,624
  • Gross Receipts: $95,774

Assets and Liabilities:

  • Total Assets: $254,721
  • Total Liabilities: $249,580
  • Net Assets: $5,141

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Programs

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

RENT OF FRATERNITY HOU

Revenue

$90,624

Organization Details

Founding Year

2017

Principal Officer

Bill Fountain

Main Address

PO BOX 4278, SHREVEPORT LA, LA, 711340278

NTEE Category

Code: B84 - Education

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