2019-11-13T15:37:08-06:00 2019-06-30 351178661 BLUE & CO LLC 12800 N MERIDIAN STREET SUITE 400 CARMEL IN 46032 990 2018-07-01 350459180 LAMBDA CHI ALPHA FRATERNITY INC LAMB 3178728000 11711 N PENNSYLVANIA STREET NO 250 CARMEL IN 46032 TROY MEDLEY CHIEF EXECUTIVE OFFICER 3178728000 2019-11-13 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2019-11-13 38.109.186.2 2019-11-13 15:37:05 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AF923E04E140C4DE71FD41AF2127CF5344A3E036 2018 2020-03-31 21:24:44Z TROY MEDLEY 11711 N PENNSYLVANIA STREET NO 250 CARMEL IN 46032 6091697 0 X WWW.LAMBDACHI.ORG X 1909 IN TO PROMOTE AND SUPPORT AFFILIATED CHAPTERS AND COLONIES THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS. 15 15 47 1284 356032 158360 298393 196000 5858503 5415425 29023 47432 180134 263585 6366053 5922442 10000 33423 0 0 2218814 2144324 0 0 0 3554689 4535756 5783503 6713503 582550 -791061 6745545 5732790 1501661 1226751 5243884 4506039 X OUR MISSION IS TO INSPIRE AND EQUIP COLLEGIATE MEN TO LEAD AN ETHICAL LIFE OF GROWTH, SERVICE AND LEADERSHIP. TO ACCOMPLISH THIS, OUR ACTIVITIES FOCUS ON PROVIDING EDUCATIONAL CHAPTER MANAGEMENT EXPERIENCES, INCREASED ALUMNI VOLUNTEER PARTICIPATION, A HEALTHY AND SAFE CHAPTER ENVIRONMENT, PARTNERSHIPS WITH HOST INSTITIUTIONS, AND AN EMPHASIS ON HIGHER AVERAGE CHAPTER SIZE. 0 0 CHAPTER SERVICES INVOLVES VISITATION TO CHAPTERS AND COLONIES BY FRATERNITY STAFF AND PERSONNEL, WHO HAVE GONE THROUGH TRAINING AND EDUCATION PRIOR TO VISITATIONS. THE VISITATIONS INCLUDE INSPECTIONS, COUNSELING AND LEADERSHIP FOR MEMBERS. THE EDUCATION TEAM PROVIDES EXTENSIVE ONLINE TRAINING AS WELL AS IN-PERSON TRAINING AT CHAPTER WORKSHOPS, SUMMER CONFERENCES, AND CHAPTER PRESIDENTS' SUMMIT. THE HEALTH & WELLNESS TEAM PROVIDES CHAPTERS WITH RISK MANAGEMENT TOOLS AND LIABILITY INSURANCE, OFFERING COVERAGE TO CHAPTERS, MEMBERS, AND ALUMNI VOLUNTEERS THROUGH A THIRD PARTY INSURANCE AGENCY. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 47 0 1 1 0 0 0 0 724443 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X X TONY ROBINSON 3178728000 11711 N PENNSYLVANIA ST SUITE 250 CARMEL IN 46032 JEFF STUERMAN CHAIRMAN 3.00 X X 0 0 0 DAVID HUFFINE VICE CHAIRMAN 2.00 X X 0 0 0 SCOTT JACKSON SECRETARY 2.00 X X 0 0 0 STEVE PATTISON TREASURER 3.00 X X 0 0 0 GREG CASTANIAS DIRECTOR 2.00 X 0 0 0 TIMOTHY TUCKER DIRECTOR 2.00 X 0 0 0 SCOTT REIKOFSKI DIRECTOR 2.00 X 0 0 0 LENARD BENDO DIRECTOR 2.00 X 0 0 0 DAVID LEATHERS DIRECTOR 2.00 X 0 0 0 LUCAS LUND DIRECTOR 2.00 X 0 0 0 MATTHIAS EBEYER DIRECTOR 2.00 X 0 0 0 COLIN SHEARMIRE DIRECTOR 2.00 X 0 0 0 IAN MCFARLAND DIRECTOR 2.00 X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 40.00 X 389224 0 17196 TONY ROBINSON CHIEF FINANCIAL OFFICER 40.00 X 123699 0 24636 TAD LICHTENAUER DIRECTOR OF COMMUNICATIONS 40.00 X 114384 0 24147 627307 0 65979 3 0 1 0 TRAJECTORY DEVELOPMENT LLC PO BOX 50325 INDIANAPOLIS IN 46250 IT SERVICES 157667 1 196000 196000 MEMBERSHIP DUES & FEES 900099 2715507 2715507 RISK MANAGEMENT 524298 2200947 2200947 CONVENTION INCOME 900099 498971 498971 5415425 64312 64312 141503 141503 1700 0 1700 1700 1700 16880 -16880 -16880 -16880 1617 152375 -150758 -150758 LLC ORDINARY INCOME 900099 167097 167097 SETTLEMENTS - FOUNDATI 900099 75000 75000 MISCELLANEOUS INCOME 900099 29043 29043 271140 5922442 5370410 356032 0 30048 3375 572660 1136666 58610 229896 146492 13515 20364 40 117974 82316 233965 388993 812358 700055 85309 1434399 UBI TAXES 43190 PROGRAM AND PRODUCTION 423857 EMPLOYEE DEVELOPMENT, R 73045 BANK & CREDIT CARD FEES 42598 63778 6713503 4497390 335786 662 3387002 378397 151326 888 99013 52817 953459 891769 806136 629895 252551 176241 563185 737849 6745545 5732790 201295 85127 384125 221350 916241 920274 1501661 1226751 X 5243884 4506039 5243884 4506039 6745545 5732790 X -791061 5014 48202 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42424 29473 12951 763712 600422 163290 176241 737849 F 737849 CHAPTER REHABILITATION LIABILITY 716958 SELF INSURED CLAIMS RESERVE 203316 920274 X 6127993 5014 48202 53216 6074777 40 -152375 -152335 5922442 6865838 152375 152375 6713463 40 40 6713503 PART X, LINE 2: THE FRATERNITY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION IS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CERTAIN NONMEMBER INCOME, THAT WOULD OTHERWISE BE TAXABLE, MAY BE SET ASIDE. INCOME THAT IS PROPERLY SET ASIDE MUST BE USED FOR THE QUALIFYING PURPOSES OUTLINED IN THE SET-ASIDE RESOLUTION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FRATERNITY AND RECOGNIZE A TAX LIABILITY IF THE FRATERNITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FRATERNITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2019 AND 2018 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FRATERNITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS SUCH, THE FRATERNITY IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FRATERNITY IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE FRATERNITY HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH JUNE 30, 2018. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CSV OF LIFE INSURANCE 6,381. CHANGE IN EQUITY OF LLC 41,821. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -152,375. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 152,375. NORTH AMERICA - CANADA, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES MEMBER DUES AND FEES RELATED TO THREE LAMBDA CHI ALPHA CHAPTERS. 79348 0 0 0 0 0 0 79348 0 79348 0 0 0 0 0 0 0 ARKANSAS TECH UNIVERSITY 105 WEST O STREET RUSSELVILLE AR 72801 716014834 170(B)(1(A)(II) 10000 LAMP GRANT FOR PROFESSOR RODNEY ROOSEVELT 1 X 1 1 X X X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 193541 0 195683 0 0 0 11772 0 5424 0 406420 0 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES AND INITIATION FEES ARE PART OF THE EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT. THERE ARE WRITTEN PROVISIONS IN THE EMPLOYMENT CONTRACT FOR THE PAYMENT OR REIMBURSEMENT OF SUCH EXPENSES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS MADE UP OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO ARTICLE 3 OF THE ORGANIZATION'S CONSTITUTION, THE GENERAL ASSEMBLY SHALL BE THE CHIEF GOVERNING BODY OF THE ORGANIZATION INCLUDING IN ITS POWERS AND DUTIES ARE THE ELECTION OF THE OFFICERS OF THE GENERAL FRATERNITY. FORM 990, PART VI, SECTION A, LINE 7B ACTIONS OF THE GRAND HIGH ZETA, INCLUDING RESOLUTIONS, ARE BROUGHT BEFORE THE GENERAL ASSEMBLY IN EVEN NUMBERED YEARS FOR ADOPTION BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEES ARE GIVEN A COPY OF THE FORM 990 FOR APPROVAL. UPON APPROVAL, THE FORM IS SIGNED AND THEN DISTRIBUTED TO THE BOARD VIA E-MAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD INFORMALLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY WITH VERBAL INSTRUCTION FROM THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CEO PERFORMANCE ANNUALLY, WITH INPUT FROM ALL DIRECTORS. COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN OR VERBAL REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CSV OF LIFE INSURANCE 6,381. CHANGE IN EQUITY OF LLC 41,821. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.