Lambda Chi Alpha Fraternity INC FY2021 filing

Not tax-deductible

West Linn, OR501(c)(7)Since 1930Mutual / membership EIN 23-7252328Revenue $56K in FY2021Latest return filed May 13, 2026

On file with the IRSWest Linn, ORTax-exempt since Jan 1941

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Alumni organization for the support of the undergraduate chapter at Oregon State University and for our alumni members. We are the legal owners of the fraternity chapter house and property.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7252328) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
42.7 mo
of spending, in cash
42.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
1000
of 12 voting members
1000 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$56K
Spent
$37K
To programs
0%
Net assets
$2.6M
By yearFY2021–FY2025
Revenue
$56K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$56K
FY2022$79K
FY2023$112K
FY2024$108K
FY2025$163K
Expenses
$37K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$37K
FY2022$36K
FY2023$108K
FY2024$184K
FY2025$141K
Net assets
$2.6M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$2.6M
FY2022$2.7M
FY2023$2.7M
FY2024$2.6M
FY2025$2.6M

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Board President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
See Lambda Chi Alpha Fraternity INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports the undergraduate chapter and connects alumni members.

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1 program · $1K · in their own filed words · FY2020
01

Newsletters and mailings that go out to alumni members to keep them informed of alumni activities and news of accomplishments of the undergraduate chapter.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7252328) · Dispute this line
$1Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$56K
Ln 12
Other incomeLn 4–11$56K
Investment incomeLn 3$12
Money outPt IX
$37K
Ln 25
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$132K
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b1,000
2In more detail
Revenue in detailPt VIII
Fundraising eventsLn 1c$0
Investment incomeLn 3$12
Other incomeLn 4–11$56K
Gains on assetsLn 7$0
Total revenueLn 12$56K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$122K
Cash and savings togetherLn 1–2$132K
Land, buildings, equipmentLn 10c$2.5M
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$113K$132K
Land, buildings, equipmentLn 10c$2.1M$2.5M
Total assetsLn 16$2.2M$2.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.2M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
InsuranceLn 23$18K
Other expenses (24a–d)Ln 24$20K
Total functional expensesLn 25$37K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $163K$141K$22K$2.6M 990 PDF
FY2024Filed with the IRS Nov 15, 2024 $108K$184K−$76K$2.6M 990 PDF
FY2023Filed with the IRS Sep 20, 2023 $112K$108K$4K$2.7M 990 PDF
FY2022Filed with the IRS Nov 8, 2022 $79K$36K$42K$2.7M 990 PDF
FY2021 ViewingFiled with the IRS Nov 1, 2021 $56K$37K$19K$2.6M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $56,161 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $50$0
I-9 Program service revenuePrior year $30,000$0
I-10 Investment incomePrior year $41$12
I-11 Other revenuePrior year $50,157$56,149
I-12 Total revenuePrior year $80,248$56,161
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising feesPrior year $24,334$0
I-17 Other expensesPrior year $34,931$37,155
I-18 Total expensesPrior year $59,265$37,155
I-19 Revenue less expensesPrior year $20,983$19,006
Part VI · Governance 1,000 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members1,000
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $56,161 across 8 lines filed
Lines not itemized here account for $50 of total revenue; see the IRS return.
VIII-1c Fundraising events$0
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $12 · Unrelated business $0 · Excluded from tax $0$12
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $40,000 · Unrelated business $0 · Excluded from tax $0$40,000
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $16,099 · Excluded from tax $0$16,099
VIII-12 Total revenueRelated to mission $40,062 · Unrelated business $16,099 · Excluded from tax $0$56,161
Part IX · Statement of functional expenses $37,155 across 2 lines filed
IX-23 Insurance$17,613
IX-24 Other expenses (24a–d)$19,542
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$37,155
Part X · Balance sheet $2,609,655 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $2,721$10,520
X-2 Savings and temporary cash investmentsStart of year $110,457$121,665
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $2,109,600$2,477,470
X-16 Total assetsStart of year $2,222,778$2,609,655
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,222,778$2,609,655
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,222,778$2,609,655
X-33 Total liabilities and net assetsStart of year $2,222,778$2,609,655
Part XI · Reconciliation of net assets $2,609,655 net assets at year end
XI-1 Total revenue$56,161
XI-2 Total expenses$37,155
XI-3 Revenue less expenses$19,006
XI-4 Net assets at start of year$2,222,778
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$367,871
XI-10 Net assets at end of year$2,609,655

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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