Alpha Beta Lambda Chapter Education Foundationinc

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

EIN: 850583841 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Alpha Beta Lambda Chapter Education Foundationinc?

The Alpha Beta Lambda Chapter Education Foundation is a nonprofit organization with a mission to provide scholarships and engage in community outreach. They manage various operational expenses, such as print and copy, travel, meetings, and event planning, while also focusing on civic, health, and educational services. The foundation awards grants and offers scholarships, furthering their commitment to education. In addition, they organize an annual Adopt-A-Family program during the holiday season, providing support for families in need.

Is Alpha Beta Lambda Chapter Education Foundationinc legitimate?

Alpha Beta Lambda Chapter Education Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Beta Lambda Chapter Education Foundationinc 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.

What is the mission statement of Alpha Beta Lambda Chapter Education Foundationinc?

The Alpha Beta Lambda Chapter Education Foundation's mission revolves around providing scholarships and engaging in community outreach. Throughout the year, the foundation manages various expenses related to operations, such as printing and traveling costs. Beyond logistical tasks, they have initiatives focusing on civic services, health and human services, and overall education. The foundation also offers awards and grants to eligible individuals. Furthermore, they organize an annual Adopt-A-Family program during the Thanksgiving and Christmas season, aiming to provide support to families in need.

Who is the CEO of Alpha Beta Lambda Chapter Education Foundationinc?

Peter Doyle is the Treasurer of Alpha Beta Lambda Chapter Education Foundationinc.

What is the revenue of Alpha Beta Lambda Chapter Education Foundationinc?

Alpha Beta Lambda Chapter Education Foundationinc's revenue in 2022 was $55,945.

Who are the executives of Alpha Beta Lambda Chapter Education Foundationinc and what are their salaries?


Here are 8 key members and their salaries:


Don Tharpe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Vaughn (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Doyle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Holloway (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wilson (Parliamentarian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Harris (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Muff (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Alpha Beta Lambda Chapter Education Foundationinc?

Alpha Beta Lambda Chapter Education Foundationinc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Alpha Beta Lambda Chapter Education Foundationinc

The Alpha Beta Lambda Chapter Education Foundation is a charitable organization committed to two primary objectives: offering scholarships and engaging in community outreach. In pursuit of its mission, the foundation manages various expenses, such as those related to printing, travel, meetings, and Quickbook payments. Beyond these logistical duties, the foundation also invests in programs that focus on civic services, health and human services, and total education. These initiatives aim to contribute positively to the community and foster learning opportunities.

In addition to these programs, the Alpha Beta Lambda Chapter Education Foundation provides awards and grants to individuals or organizations in need. Furthermore, the foundation organizes an annual Adopt-A-Family program during the holiday season of Thanksgiving and Christmas. This initiative aims to provide support to families in need, ensuring they have a joyful celebration during these special times. The foundation's multifaceted approach to community involvement and educational support reflects its dedication to bettering the lives of those it serves.

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Impact




August, 2024

The Alpha Beta Lambda Chapter Education Foundationinc has a significant impact on the community in LEXINGTON, KY. Through its focus on providing scholarships and engaging in community outreach, the foundation plays a vital role in supporting education and civic services. Additionally, the foundation's programs in health and human services contribute to the overall well-being of the community. By offering awards, grants, and organizing initiatives like the Adopt-A-Family program during the Thanksgiving/Christmas season, the foundation positively affects the lives of individuals and families in need. Overall, the foundation's efforts contribute to community improvement and support a variety of essential services and programs.




This information is meant to be a general summary of Alpha Beta Lambda Chapter Education Foundationinc. 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
$55,945 (2022)
Expenses
$73,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $747
  • Gross Receipts: $55,945

Assets and Liabilities:

  • Total Assets: $146,182
  • Total Liabilities: $0
  • Net Assets: $146,182

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Organization Details

Principal Officer

Peter Doyle

Main Address

PO Box 1248, Lexington, KY, 405881248

NTEE Category

Code: S20 - Community improvement

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