2017-04-03T08:39:35-05:00 2016-06-30 350905983 K B PARRISH & CO LLP 6840 EAGLE HIGHLANDS WAY INDIANAPOLIS IN 46254 990 2015-07-01 350459180 LAMBDA CHI ALPHA FRATERNITY INC LAMB 3178728000 11711 N PENNSYLVANIA ST NO 250 CARMEL IN 46032 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 3178728000 2017-03-07 1 RYAN KEITH CPA P00846149 3173475200 2015 2021-01-29 14:40:06Z WILLIAM T FARKAS 11711 N PENNSYLVANIA ST NO 250 CARMEL IN 46032 6054407 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SUPPORT AFFILIATED CHAPTERS AND COLONIES THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS.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 0 1200 78224 77284 500000 455000 5392181 5261015 15407 29167 239847 204326 6147435 5949508 17971 27256 0 0 1935552 1982167 0 0 0 4404876 3461350 6358399 5470773 -210964 478735 5184920 5629077 1240236 1179203 3944684 4449874 X SEE SCHEDULE OTO PROMOTE AND SUPPORT AFFILIATED CHAPTERS AND COLONIES OF THE LAMBDA CHI ALPHA FRATERNITY THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS, AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS. 0 0 RISK MANAGEMENT PROVIDES HARM REDUCTION AND LIABILITY INSURANCE. EDUCATION IS PROVIDED THROUGH PUBLICATIONS, CHAPTER VISITS AND CONFERENCES. LIABILITY COVERAGE IS PROVIDED TO CHAPTERS, MEMBERS, AND ALUMNI VOLUNTEERS THROUGH A THIRD PARTY INSURANCE AGENCY. GENERAL ASSEMBLY AND LEADERSHIP SEMINARS PROVIDE ANNUAL LEADERSHIP AND DEVELOPMENT TRAINING. LEGISLATION IS DISCUSSED AND ENACTED IN EACH EVEN NUMBERED YEAR WITH EACH EVENT HELD IN ALTERNATING YEARS. CHAPTER SERVICE 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. 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 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 X 21 0 1 0 1 1 0 0 0 0 760970 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 SUIT 250 CARMEL IN 46032 M FLETCHER MCELREATH CHAIRMAN 3.00 X X 0 0 0 RODGER M LALLI VICE CHAIRMAN 2.00 X X 0 0 0 JOHN H GRAHAM IV SECRETARY 2.00 X X 0 0 0 GREGG D BEHRENS TREASURER 3.00 X X 0 0 0 JEFF STUERMAN CHANCELLOR 3.00 X 0 0 0 SCOTT REIKOFSKI DIRECTOR 2.00 X 0 0 0 PETE SMITHHISLER DIRECTOR 2.00 X 0 0 0 ERNEST VARGO DIRECTOR 2.00 X 0 0 0 KEVIN VASQUEZ DIRECTOR 2.00 X 0 0 0 DAVID M HUFFINE DIRECTOR 2.00 X 0 0 0 WAYNE KLASING DIRECTOR 2.00 X 0 0 0 DANIEL APPELBAUM DIRECTOR 2.00 X 0 0 0 MATTHEW BOSE DIRECTOR 2.00 X 0 0 0 KYLE SIMS DIRECTOR 2.00 X 0 0 0 CHASE BROWNDORF DIRECTOR 2.00 X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 40.00 X 195471 0 16601 195471 0 16601 1 0 1 0 WORKSMART SYSTEMS INC 9957 CROSSPOINT BOULEVARD INDIANAPOLIS IN 46256 EMPLOYEE LEASING 1920121 FINELINE PRINTING GROUP 8081 ZIONSVILLE ROAD INDIANAPOLIS IN 46268 PRINTING 168886 GEORGE SPASYK 9205 SELKIRK CT INDIANAPOLIS IN 46260 FORMER OFFICER 115000 FUEL VISUAL MEDIA PO BOX 503025 INDIANAPOLIS IN 46250 MARKETING 105958 4 455000 455000 MEMBERSHIP DUES 900099 2858948 2858948 RISK MANAGEMENT INCOME 524298 2224530 2224530 CONVENTION/CONFERENCE 900099 177537 177537 5261015 29167 29167 138623 138623 1150 0 1150 1150 1150 20748 104899 -84151 -84151 FINES AND LATE FEES 900099 54150 54150 EQUITY INCOME OF LLC 900099 48031 78224 -30193 SERVICE FEE INCOME 900099 39198 39198 7325 7325 148704 5949508 5278687 78224 137597 1791 25465 211601 1337808 63368 228596 140794 5024 19920 180 105342 664 291465 101509 388659 1075928 134743 1452 97772 858769 TAXES 32569 PROGRAM MATERIALS 56436 MISCELLANEOUS 55494 BAD DEBT EXPENSE 48604 186820 5470773 1002229 1523944 2421063 2325652 148077 261717 15384 10171 59548 47651 793187 790117 670306 450142 294846 220164 53310 0 397276 449661 5184920 5629077 48070 62048 151165 292097 1041001 825058 1240236 1179203 X 3944684 4449874 3944684 4449874 5184920 5629077 X 478735 26455 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187696 51597 136099 482610 398545 84065 220164 449661 F 449661 CHAPTER REHABILITATION LIABILITY 733496 SELF INSURED CLAIMS RESERVE 71320 CAPITAL LEASE OBLIGATIONS 20242 825058 X 6079749 25462 25462 6054287 120 -104899 -104779 5949508 5574559 104899 104899 5469660 120 993 1113 5470773 PART X, LINE 2: THE FRATERNITY HAS EVALUATED TAX POSITIONS TAKEN IN THE TAX RETURNS FILED AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED BY GENERALLY ACCEPTED ACCOUNTING STANDARDS. UNDER A THREE-YEAR STATUTE OF LIMITATIONS, THE FRATERNITY REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED JUNE 30, 2013 THROUGH JUNE 30, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE IN LLC INVESTMENT 16,241. INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY -993. CHANGE IN CASH SURRENDER VALUE OF INSURANCE 10,214. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD, PART VIII, LINE 10B -104,899. RENTAL EXPENSES, PART VIII, LINE 6B PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD, PART VIII, LINE 10B 104,899. RENTAL EXPENSES, PART VIII, LINE 6B PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY 993. NORTH AMERICA 0 0 PROGRAM SERVICES $38,494 MEMBER DUES AND FEES RELATED TO THREE LAMBDA CHI ALPHA CHAPTERS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS TO CHAPTERS 23 25465 X 1 1 X X X X X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 185471 0 10000 0 0 0 0 0 16601 0 212072 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. WILLIAM T FARKAS X 25000 10171 0 1 0 10171 FORM 990, PART V, LINE 2A THE ORGANIZATION UTILIZIES THE SERVICES OF AN EMPLOYEE LEASING AGENCY FOR ALL OF ITS STAFFING NEEDS, THEREFORE THERE ARE NO EMPLOYEES OF THE ORGANIZATION. 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 11 THE FINANCE, AUDIT AND EXECUTIVE 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 ORGANIZATION DOES NOT SPECIFICALLY HAVE EMPLOYEES, AS THEY INSTEAD HAVE A CONTRACT WITH A THIRD PARTY PROFESSIONAL EMPLOYMENT ORGANIZATION THAT SUPPLIES THE ORGANIZATION WITH WORKERS ON AN AS NEEDED BASIS. 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: BOOK/TAX DIFFERENCE OF LLC INVESTMENT 16,241. CHANGE IN CASH SURRENDER VALUE OF INSURANCE 10,214. 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.