2015-12-23T10:12:09-06:00 2015-06-30 350905983 K B PARRISH & CO LLP 6840 EAGLE HIGHLANDS WAY INDIANAPOLIS IN 46254 990 2014-07-01 350459180 LAMBDA CHI ALPHA FRATERNITY INC LAMB 3178728000 11711 N PENNSYLVANIA ST NO 250 CARMEL IN 46032 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 3178728000 2015-12-21 1 RYAN KEITH CPA P00846149 3173475200 2014 2016-04-25 22:37:26Z WILLIAM T FARKAS 11711 N PENNSYLVANIA ST NO 250 CARMEL IN 46032 6190226 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SUPPORT AFFILIATED CHAPTERS AND COLONIES THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS. 14 14 0 909 47337 46337 475000 500000 4734706 5392181 -57478 15407 232514 239847 5384742 6147435 14122 17971 0 0 1665268 1935552 0 0 0 3188743 4404876 4868133 6358399 516609 -210964 5613668 5184920 1464274 1240236 4149394 3944684 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OF THE LAMBDA CHI ALPHA FRATERNITY THROUGH THE MAINTENANCE OF AN INTERNATIONAL HEADQUARTERS WHILE ALSO PRESERVING HISTORICAL DOCUMENTS, PREPARING FRATERNITY PERIODICALS AND EDUCATIONAL MATERIALS, AND THE SUPPORT OF EDUCATIONAL AND RISK MANAGEMENT PROGRAMS. 0 0 RISK MANAGEMENT PROVIDES HARM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 25 0 1 0 1 1 0 0 0 0 797200 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X X MICHELE CAMARCO 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 NICHOLAS BRATVOLD DIRECTOR 2.00 X 0 0 0 LUKE DINKEL DIRECTOR 2.00 X 0 0 0 AUSTIN HARRISON DIRECTOR 2.00 X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 40.00 X 191931 0 20957 191931 0 20957 1 0 1 0 WORKSMART SYSTEMS INC 9957 CROSSPOINT BOULEVARD INDIANAPOLIS IN 46256 EMPLOYEE LEASING 1859069 PHELPS DUNBAR LLP PO BOX 974798 DALLAS TX 75397 LEGAL 156720 GEORGE SPAYSK 9205 SELKIRK CT INDIANAPOLIS IN 46260 FORMER OFFICER 125000 FINELINE PRINTING GROUP 8081 ZIONSVILLE ROAD INDIANAPOLIS IN 46268 PRINTING 106411 4 500000 500000 MEMBERSHIP DUES 900099 2867465 2867465 RISK MANAGEMENT INCOME 524298 2216945 2216945 CONVENTION/TLC INCOME 900099 307691 307691 CHAPTER SUPPLIES INCOM 900099 80 80 5392181 21727 21727 164943 164943 500 0 500 500 500 6320 -6320 -6320 -6320 15470 36471 -21001 -21001 SERVICE FEE INCOME 900099 45740 45740 EQUITY INCOME OF LLC 900099 22727 47337 -24610 FINES AND LATE FEES 900099 14000 14000 12938 12938 95405 6147435 5444358 47337 155740 10671 7300 202808 1295007 56117 238277 143343 60598 26463 105311 1574 360085 79660 329140 1634162 205213 3932 103428 865768 TAXES 9907 INSURANCE PROGRAM EXPEN 360778 AWARDS AND RECOGNITION 68602 PROGRAM MATERIALS 52300 137955 6358399 1396621 1002229 2416564 2421063 215108 148077 20513 15384 67509 59548 787094 793187 679829 384983 165788 294846 149868 53310 394603 397276 5613668 5184920 28967 48070 269975 151165 1165332 1041001 1464274 1240236 X 4149394 3944684 4149394 3944684 5613668 5184920 X -210964 6254 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 195136 31816 163320 484693 353167 131526 294846 397276 F 397276 CHAPTER REHABILITATION LIABILITY 737929 DEFERRED COMPENSATION 53060 SELF INSURED CLAIMS RESERVE 219052 CAPITAL LEASE OBLIGATIONS 30960 1041001 X 6186182 2276 2276 6183906 -36471 -36471 6147435 6390892 36471 36471 6354421 3978 3978 6358399 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, 2012 THROUGH JUNE 30, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE IN LLC INVESTMENT -141. INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY -3,978. CHANGE IN CASH SURRENDER VALUE OF INSURANCE 6,395. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD, PART VIII, LINE 10B -36,471. RENTAL EXPENSES, PART VIII, LINE 6B PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD, PART VIII, LINE 10B 36,471. RENTAL EXPENSES, PART VIII, LINE 6B PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY 3,978. NORTH AMERICA 0 0 PROGRAM SERVICES $35,837 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 8 7300 X 1 1 X X X X X 0 0 0 WILLIAM T FARKAS CHIEF EXECUTIVE OFFICER 176931 0 15000 0 0 0 0 0 20957 0 212888 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 15384 0 1 0 15384 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 -141. CHANGE IN CASH SURRENDER VALUE OF INSURANCE 6,395. 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.