LAMBDA CHI ALPHA FRATERNITY INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
LAMBDA CHI ALPHA FRATERNITY INC (EIN 35-0459180)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-11-14
IRS object ID
201203199349301885
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-14T09:58:16-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN350905983EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1K B PARRISH & CO LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line16840 EAGLE HIGHLANDS WAYAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46254ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN350459180EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LAMBDA CHI ALPHA FRATERNITY INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLAMBNameControl
Phone3178728000Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line18741 FOUNDERS ROADAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46268ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWILLIAM T FARKASName
TitleEXECUTIVE VICE PRESIDENTTitle
Phone3178728000Phone
Date Signed2012-11-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRYAN KEITH CPAName
PTINP00846149PTIN
Phone3173475200Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonWILLIAM T FARKASNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line18741 FOUNDERS ROADAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46268ZIPCode
FieldValueIRS element (for citing)
Gross Receipts5144568GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.LAMBDACHI.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1909YearFormation
State Legal DomicileINStateLegalDomicile
Activity Or Mission DescriptionTO 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.ActivityOrMissionDescription
Nbr Voting Members Governing Body15NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers325TotalNbrVolunteers
Total Gross UBI40994TotalGrossUBI
Net Unrelated Business Txbl Income39266NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year402500ContributionsGrantsPriorYear
Contributions Grants Current Year410000ContributionsGrantsCurrentYear
Program Service Revenue Prior Year3748694ProgramServiceRevenuePriorYear
Program Service Revenue CY4387944ProgramServiceRevenueCY
Investment Income Prior Year-40564InvestmentIncomePriorYear
Investment Income Current Year22284InvestmentIncomeCurrentYear
Other Revenue Prior Year161723OtherRevenuePriorYear
Other Revenue Current Year149053OtherRevenueCurrentYear
Total Revenue Prior Year4272353TotalRevenuePriorYear
Total Revenue Current Year4969281TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1500GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1427278SalariesEtcPriorYear
Salaries Etc Current Year1510919SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year3015746OtherExpensePriorYear
Other Expenses Current Year2754092OtherExpensesCurrentYear
Total Expenses Prior Year4444524TotalExpensesPriorYear
Total Expenses Current Year4265011TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-172171RevenuesLessExpensesPriorYear
Revenues Less Expenses CY704270RevenuesLessExpensesCY
Total Assets BOY3841156TotalAssetsBOY
Total Assets EOY4681139TotalAssetsEOY
Total Liabilities BOY1713787TotalLiabilitiesBOY
Total Liabilities EOY1854217TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY2127369NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY2826922NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTO 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.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionRISK 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.Description

Activity2 Activity2

FieldValueIRS element (for citing)
DescriptionGENERAL 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.Description

Activity3 Activity3

FieldValueIRS element (for citing)
DescriptionCHAPTER 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.Description
FieldValueIRS element (for citing)
Described In501 C30DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP1LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109614NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Initiation Fees$712,980InitiationFeesAmount
Gross Receipts$0GrossReceiptsAmount
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members15NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledINStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MICHELE JAMESBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3178728000TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line18741 FOUNDERS ROADAddressLine1
CityINDINAPOLISCity
StateINState
ZIP Code46268ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
M FLETCHER MCELREATH
CHANCELLOR2.00X000
ELGAN L BAKER JR
DIRECTOR2.00X000
KENNETH L GREENMAN JR
DIRECTOR2.00X000
RODGER M LALLI
DIRECTOR2.00X000
MICHAEL J RAYMOND
DIRECTOR2.00X000
B JAMES DAWSON
DIRECTOR2.00X000
JOHN H GRAHAM IV
DIRECTOR2.00X000
CHAD HOSKIN
DIRECTOR2.00X000
J SPENCER HUTCHINSON
DIRECTOR2.00X000
DANIEL LARSON
DIRECTOR2.00X000
ANTHONY LINDER
DIRECTOR2.00X000
JAMES A HUNTER
CHAIRMAN2.00000X
GREGORY E SMITH
VICE CHARIMAN2.00000X
ROBERT A KOCH
SECRETARY2.00000X
GREGG D BEHRENS
TREASURER2.00000X
WILLIAM T FARKAS
EXECUTIVE VICE PRESIDENT40.00168634010515XX
FieldValueIRS element (for citing)
Total Reportable Comp From Org168634TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation10515TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed1FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Related Organizations410000RelatedOrganizations
Total Contributions410000TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MEMBERSHIP DUES90009924222902422290
RISK MANAGEMENT INCOME52429818319451831945
CONVENTION/TLC INCOME900099133069133069
CHAPTER SUPPLIES INCOM900099640640
FieldValueIRS element (for citing)
Total Program Service Revenue4387944TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column22284TotalRevenueColumn
Unrelated Business Revenue728UnrelatedBusinessRevenue
Exclusion$21,556ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column107186TotalRevenueColumn
Exclusion$107,186ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real78000Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real137922Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real-59922Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-59922TotalRevenueColumn
Related Or Exempt Function Income-59922RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Sales Of Inventory6762GrossSalesOfInventory
Cost Of Goods Sold37365CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-30603TotalRevenueColumn
Related Or Exempt Function Income-30603RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
SERVICE FEE INCOME9000994427644276
EQUITY INCOME OF LLC9000994026640266
FINES AND LATE FEES9000993415334153

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column13697TotalRevenueColumn
Related Or Exempt Function Income13697RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue132392TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column4969281TotalRevenueColumn
Related Or Exempt Function Income4389545RelatedOrExemptFunctionIncome
Unrelated Business Revenue40994UnrelatedBusinessRevenue
Exclusion$128,742ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total181058Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total954539Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total14722Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total240869Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total119731Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total26371Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total29538Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total728Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total90558Total

Advertising Advertising

FieldValueIRS element (for citing)
Total1210Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total250220Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total91506Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total117016Total

Travel Travel

FieldValueIRS element (for citing)
Total823155Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total118918Total

Interest Interest

FieldValueIRS element (for citing)
Total11689Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total147503Total

Insurance Insurance

FieldValueIRS element (for citing)
Total621728Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotal
FEDERAL TAXES25024
INSURANCE PROGRAM EXPEN203244
PROGRAM MATERIALS66098
DUES & SUBSCRIPTIONS32294

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total97292Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total4265011Total
FieldValueIRS element (for citing)
Joint CostsXJointCosts

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY760182BOY
EOY1429246EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY195402BOY
EOY291560EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY12500BOY
EOY6250EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY7128BOY
EOY350EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY71079BOY
EOY46614EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY547271BOY
EOY670494EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2442542LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1654803LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY931492BOY
EOY787739EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY707637BOY
EOY858905EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY340289BOY
EOY336426EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY268176BOY
EOY253555EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3841156BOY
EOY4681139EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY82153BOY
EOY105401EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY93180BOY
EOY209607EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY168337BOY
EOY83285EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1370117BOY
EOY1455924EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1713787BOY
EOY1854217EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2127369BOY
EOY2826922EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2127369BOY
EOY2826922EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3841156BOY
EOY4681139EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses704270ReconcilationRevenueExpenses
Reconcilation Other Changes-4717ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis163862OtherCostOrOtherBasis
Book Value163862BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1142862OtherCostOrOtherBasis
Depreciation908542Depreciation
Book Value234320BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis321635OtherCostOrOtherBasis
Depreciation174553Depreciation
Book Value147082BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis814183OtherCostOrOtherBasis
Depreciation571708Depreciation
Book Value242475BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings787739TotalOfBookValueLandBuildings

Closely Held Equity Interests CloselyHeldEquityInterests

FieldValueIRS element (for citing)
Book Value336426BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities336426TotalOfBookValueSecurities

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionDEFERRED COMP FUNDING - INVESTMENTSDescription
Book Value253555BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets253555TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescriptionAmountAmount
CHAPTER REHABILITATION LIABILITY$795,705
DEFERRED COMPENSATION$288,391
SELF INSURED CLAIMS RESERVE$329,178
CAPITAL LEASE OBLIGATIONS$34,600
SECURITY DEPOSITS$8,050
FieldValueIRS element (for citing)
Total Of Amounts1455924TotalOfAmounts
Total Revenue4969281TotalRevenue
Total Expenses4265011TotalExpenses
Excess Or Deficit For Year704270ExcessOrDeficitForYear
Other-$4,717OtherAmount
Total Adjustments-4717TotalAdjustments
Excess Or Deficit Per FS699553ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt5134419TotRevenueEtcAuditedFinclStmt
Other Revenues-4717OtherRevenues
Revenue Not Rptd F990-4717RevenueNotRptdF990
Revenue Subtotal5139136RevenueSubtotal
Investment Expenses Not Included728InvestmentExpensesNotIncluded
Other Revenues Not Included-170583OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-169855RevenueNotRptdOnFinStmt
Total Revenue Per Form9904969281TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt4434866TotExpensesEtcAuditedFinclStmt
Other Expenses Included175287OtherExpensesIncluded
Expenses Not Rptd F990175287ExpensesNotRptdF990
Expenses Subtotal4259579ExpensesSubtotal
Investment Expenses Not Included2728InvestmentExpensesNotIncluded2
Other Expenses Not Included4704OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt5432ExpensesNotRptdOnFinStmt
Total Expenses Per Form9904265011TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X: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, 2009 THROUGH JUNE 30, 2011.
PART XI, LINE 8 - OTHER ADJUSTMENTS:BOOK/TAX DIFFERENCE OF LLC INVESTMENT -4,717.
PART XII, LINE 2D - OTHER ADJUSTMENTS:BOOK/TAX DIFFERENCE IN LLC INVESTMENT -4,717.
PART XII, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD, PART VIII, LINE 10B -37,365. RENTAL EXPENSES, PART VIII, LINE 6B -137,922. INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY 4,704.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD, PART VIII, LINE 10B 37,365. RENTAL EXPENSES, PART VIII, LINE 6B 137,922.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT INCOME ALLOCATED TO REHABILITATION LIABILITY 4,704.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionNORTH AMERICARegion
Number Of Offices0NumberOfOffices
Number Of Employees0NumberOfEmployees
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConducted
Specific Services ProvidedMEMBER DUES AND FEES RELATED TO THREE LAMBDA CHI ALPHA CHAPTERS.SpecificServicesProvided
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees0SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Subtotal Amount Spent0SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent0TotalAmountSpent
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonWILLIAM T FARKASNamePerson
Base Compensation Filing Org158634BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org10000BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org10515NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org179149TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 1AReturnReference
ExplanationHEALTH 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.Explanation

Schedule L IRS990ScheduleL

Loan Table LoanTable

FieldValueIRS element (for citing)
Name PersonWILLIAM T FARKASNamePerson
Loan From OrganizationXLoanFromOrganization
Original Principal$25,000OriginalPrincipalAmount
Balance Due6250BalanceDue
Default0Default
Approved By Board1ApprovedByBoard
Written Agreement1WrittenAgreement
FieldValueIRS element (for citing)
Total Balance Due6250TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION IS MADE UP OF MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AACCORDING 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 7BACTIONS 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 11THE 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 12CTHE BOARD INFORMALLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY WITH VERBAL INSTRUCTION FROM THE PRESIDENT.
FORM 990, PART VI, SECTION B, LINE 15ATHE 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 18THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1024 AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE 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 5:BOOK/TAX DIFFERENCE OF LLC INVESTMENT -4,717. TOTAL TO FORM 990, PART XI, LINE 5: -4,717.CHANGES IN NET ASSETS OR FUND BALANCES:
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.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusControlled OrgControlledOrg
LAMBDA CHI ALPHA EDUCATIONAL FOUNDATION INC
8741 FOUNDERS ROADINDIANAPOLISIN46268136266432GRANTS & SCHOLARSHIPS FOR EDUCATIONAL PURPOSESIN501(C)(3)170(B)(1) (A)(VI)0
LAMBDA CHI ALPHA PROPERTIES INC
8741 FOUNDERS ROADINDIANAPOLISIN46268912088961PROVIDE HOUSING RESOURCES TO CHAPTERSIN501(C)(7)0
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org1GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
LAMBDA CHI ALPHA EDUCATIONAL FOUNDATION INC
C410000GRANT RECEIVED
LAMBDA CHI ALPHA EDUCATIONAL FOUNDATION INC
N113363AMOUNT RECEIVED
LAMBDA CHI ALPHA EDUCATIONAL FOUNDATION INC
P33417AMOUNT RECEIVED

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