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  4. Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity
EIN 04-2607157

Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

IRS 501(c) type
501(c)(7)
Num. employees
0
City
Cambridge
State
Massachusetts
Year formed
1978
Most recent tax filings
2022-05-01
NTEE code, primary
B83: Student Sororities, Fraternities
Description
The corporation is organized exclusively for pleasure, recreation and other non-profitable purposes, within the meaning of section 501(c)(7) of the internal revenue code, including, without limitation, the promotion of (1) the welfare of the Massachusetts institute of technology, and (2) the interest of the Alpha Delta Phi Fraternity through its Lambda Phi Chapter at the Massachusetts institute of technology. Provide room, board, social and educational programs for the Lambda Phi Chapter of the Alpha Delta Phi Fraternity.
Related structure
Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity is child organization, under the parent exemption from Alpha Delta Phi.
Also known as...
Lamda Phi Chapter of the Alpha Delt; Alpha Delta Phi International
Total revenues
$406,850
2022
Total expenses
$241,307
2022
Total assets
$2,575,070
2022
Num. employees
0
2022

Program areas at Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

the organization's primary program service activity is to provide room and board, as well as social and educational programs, for the Lambda Phi Chapter of the Alpha Delta Phi Fraternity.

Who funds Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
the Society for the Preservation of Greek HousingRestoration of Historic Greek Housing$24,555

Personnel at Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

NameTitleCompensation
Timothy GortonSecretary , Director / Director and Treasurer$0
Stanley GillDirector of Facilities , Director / Director and Secretary$0
Jameson NashTreasurer , Director / Director and Assistant Treasurer$0
Stephen BergsteinPresident , Director / Director and President$0
Mark T ThompsonChairman , Director / Director and Chairman$0
...and 1 more key personnel

Financials for Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

RevenuesFYE 05/2022
Total grants, contributions, etc.$147,452
Program services$203,730
Investment income and dividends$39,534
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$16,134
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$406,850

Form 990s for Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity

Fiscal year endingDate received by IRSFormPDF link
2021-052022-03-03990View PDF
2020-052022-03-25990OView PDF
2018-052019-03-15990View PDF
2017-052018-04-10990View PDF
2016-052017-08-24990OView PDF
...and 6 more Form 990s
Data update history
May 10, 2023
Updated personnel
Identified 5 new personnel
May 8, 2023
Used new vendors
Identified 1 new vendor, including
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2020
September 11, 2021
Received grants
Identified 1 new grant, including a grant for $75,598 from Massachusetts Institute of Technology (MIT)
December 3, 2019
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
SchoolsFraternities and sororitiesChapter / child organizations
Issues
Education
Characteristics
MembershipsNo full-time employees
General information
Address
PO Box 426097
Cambridge, MA 02142
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Phone
(267) 350-6541
IRS details
EIN
04-2607157
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
B83: Student Sororities, Fraternities
NAICS code, primary
72131: Fraternity Houses, Sorority Houses, Residential Clubs, and Worker Camps
Parent/child status
Child within group exemption
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