Lambda House INC FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

To promote and encourage activities of the indiana theta chapter of sigma phi epsilon fraternity.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0950016) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2026
latest Form 990
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $99K a year · 32% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
8.1 mo
of spending, in cash
8.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$792K
71% of total assets
Liabilities are 71% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$300K
Spent
$192K
To programs
99%
Net assets
$317K
By yearFY2021–FY2026
Revenue
$300K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$300K
FY2022$322K
FY2023$323K
FY2024$320K
FY2025$327K
FY2026$299K
Expenses
$192K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$192K
FY2022$214K
FY2023$251K
FY2024$222K
FY2025$224K
FY2026$192K
Net assets
$317K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$317K
FY2022$425K
FY2023$497K
FY2024$595K
FY2025$698K
FY2026$806K

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

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in May 1979.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $191K Management & general 0% · $948

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Active Chapter Mentor
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Lambda House 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 activities for the Indiana Theta Chapter of Sigma Phi Epsilon Fraternity.

Questions for Lambda House INC

Tap to ask. Lambda House INC sees how many people are interested.

Your first name shows with your question. Lambda House INC answers here, for everyone.

2 programs · $191K · in their own filed words · FY2020
01

Lamdba house is the alumni group of the indiana theta chapter of sigma phi epsilon. Lambda house owns, operated, and maintained the chapter house at trine university that provides the members with student housing that furthered the social, recreational and fraternal activities of the student members.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0950016) · Dispute this line
$107Kprogram expense
02

The organization engaged the alumnus of the indiana theta chapter of sigma phi epsilon fraternity to collect and preserve the fraternitys records and relics and promoted the educational and personal enrichment of the students involvment in the fraternal organization.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0950016) · Dispute this line
$83Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$12K
Grants paid · 1 grant · $100K · 2022–2022

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$300K
Ln 12
Fees for servicesLn 2g$268K
Gifts and grantsLn 1h$32K
Money outPt IX
$192K
Ln 25
Programscol B$191K
Managementcol C$948
Owns and owesPt X
$317K
net assets · Ln 32
Cash and savingsLn 1–2$129K
Total assetsLn 16$1.1M
LiabilitiesLn 26$792K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$32K
Fees for servicesLn 2g$268K
Total revenueLn 12$300K
Assets in detailPt X, end of year
CashLn 1$129K
Cash and savings togetherLn 1–2$129K
Land, buildings, equipmentLn 10c$977K
Other assetsLn 15$3K
Total assetsLn 16$1.1M
LiabilitiesLn 26$792K
Net assetsLn 32$317K
OperationsPt I, VI
EmployeesI 51
VolunteersI 62
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$74K$129K
Land, buildings, equipmentLn 10c$1.0M$977K
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$882K$792K
Net assetsLn 32$209K$317K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$13K$13K
Payroll taxesLn 10$1K$1K
Accounting feesLn 11c$712$356$356
Other fees for servicesLn 11g$7K$7K
Office expensesLn 13$694$602$92
OccupancyLn 16$39K$39K
Depreciation, depletion and amortizationLn 22$40K$40K
InsuranceLn 23$7K$7K$500
Other expenses (24a–d)Ln 24$83K$83K
Total functional expensesLn 25$192K$191K$948$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 LatestFiled with the IRS Aug 7, 2026 $299K$192K$107K$806K 990 PDF
FY2025Filed with the IRS Oct 7, 2025 $327K$224K$103K$698K 990 PDF
FY2024Filed with the IRS Jul 28, 2024 $320K$222K$99K$595K 990 PDF
FY2023Filed with the IRS Jul 11, 2023 $323K$251K$72K$497K 990 PDF
FY2022Filed with the IRS Aug 26, 2022 $322K$214K$108K$425K 990 PDF
FY2021 ViewingFiled with the IRS Jul 7, 2021 $300K$192K$108K$317K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $299,769 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $33,580$32,036
I-9 Program service revenuePrior year $222,318$267,733
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $255,898$299,769
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $13,945$14,240
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $211,865$177,275
I-18 Total expensesPrior year $225,810$191,515
I-19 Revenue less expensesPrior year $30,088$108,254
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $299,769 across 4 lines filed
VIII-1f All other contributions, gifts and grants$32,036
VIII-1h Total contributions, gifts and grants$32,036
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $267,733$267,733
VIII-12 Total revenueRelated to mission $267,733 · Unrelated business $0 · Excluded from tax $0$299,769
Part IX · Statement of functional expenses $191,515 across 9 lines filed
IX-7 Other salaries and wagesPrograms $12,889$12,889
IX-10 Payroll taxesPrograms $1,351$1,351
IX-11c Accounting feesPrograms $356 · Management $356$712
IX-11g Other fees for servicesPrograms $6,521$6,521
IX-13 Office expensesPrograms $602 · Management $92$694
IX-16 OccupancyPrograms $38,514$38,514
IX-22 Depreciation, depletion and amortizationPrograms $40,411$40,411
IX-23 InsurancePrograms $6,825 · Management $500$7,325
IX-24 Other expenses (24a–d)Programs $83,098$83,098
IX-25 Total functional expensesPrograms $190,567 · Management $948 · Fundraising $0$191,515
Part X · Balance sheet $1,108,492 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $73,607$129,004
X-10c Land, buildings and equipment, netStart of year $1,010,364$976,666
X-15 Other assetsStart of year $6,385$2,822
X-16 Total assetsStart of year $1,090,356$1,108,492
X-17 Accounts payable and accrued expensesStart of year $233$504
X-23 Secured mortgages and notes payableStart of year $881,580$791,191
X-26 Total liabilitiesStart of year $881,813$791,695
X-31 Retained earnings or endowmentStart of year $208,543$316,797
X-32 Total net assets or fund balancesStart of year $208,543$316,797
X-33 Total liabilities and net assetsStart of year $1,090,356$1,108,492
Part XI · Reconciliation of net assets $316,797 net assets at year end
XI-1 Total revenue$299,769
XI-2 Total expenses$191,515
XI-3 Revenue less expenses$108,254
XI-4 Net assets at start of year$208,543
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$316,797

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

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.