Civic Intelligence

Alpha Lambda Alumni Corporation of Theta Chi Fraternity

EIN 92-0566953 • 501(c)7 • Worthington, OH

Profile

The Corporation is organized and shall be operated to raise funds to provide suitable housing for the members of the Alpha Lambda Chapter of Theta Chi Fraternity located at The Ohio State University, in which to live and to carry on their functions as a local chapter of Theta Chi Fraternity. The Corporation will own or lease real estate that will act as a chapter house to encourage, stimulate, and assist in the educational endeavors of the Alpha Lambda Chapter members.

80 Longfelow AvenueWorthington, OH 43085
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

246%

Faster asset growth than 98% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

114%

Faster revenue growth than 96% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$37,428

Up $26,623 (+246%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$37,428

Up $26,623 (+246%) from 2022

Operations
Liabilities / Revenue59th percentileNet Margin99th percentile

Revenue

Up

$26,750

Up $14,250 (+114%) from 2022

Expenses

Down

$127

Down $1,568 (-93%) from 2022

Net Income

Up

$26,623

Up $15,818 (+146%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2022: $10,805Liabilities 2022: $0Net Assets 2022: $10,8052022Assets 2023: $37,428Liabilities 2023: $0Net Assets 2023: $37,4282023

Highlighted filing

2023

Assets$37,428
Liabilities$0
Net Assets$37,428
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0Revenue 2022: $12,500Expenses 2022: $1,695Net Income 2022: $10,8052022Revenue 2023: $26,750Expenses 2023: $127Net Income 2023: $26,6232023

Highlighted filing

2023

Revenue$26,750
Expenses$127
Net Income$26,623
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,428
Liabilities
$0
Net assets
$37,428
Revenue
$26,750
Expenses
$127
Net income
$26,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$37.4$0.00$37.4$26.8$0.13$26.6
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$12.5$1.70$10.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$26,750
Mission and Program Overview

Mission

The Corporation is organized and shall be operated to raise funds to provide suitable housing for the members of the Alpha Lambda Chapter of Theta Chi Fraternity located at The Ohio State University, in which to live and to carry on their functions as a local chapter of Theta Chi Fraternity. The Corporation will own or lease real estate that will act as a chapter house to encourage, stimulate, and assist in the educational endeavors of the Alpha Lambda Chapter members.

Program Services

DescriptionGrantsExpenses
The Corporation recruited new members and raised additional funds to support the organization's goal of buying or leasing a property for the undergraduate Chapter members. We elected our initial officers and received our national parent fraternity's approval as a recognized alumni corporation. The Corporation worked with local real estate professionals and identified two properties to purchase, although we declined to proceed with both opportunities. Instead, we have negotiated a two-year lease for a property that will provide student housing for up to fifty-five of our Chapter's members.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM J STEPHENSON IVPresidentPT$0--
ROGER OBENAUFSecretary-$0--
ALEXANDER IAMMARINOTreasurer-$0--
CORBAN JOYCEVice President-$0--
Filing and Contact Details

Filer

Filer Name
Alpha Lambda Alumni Corporation of Theta Chi Fraternity
EIN
92-0566953
Phone
7349979777
Address
80 LONGFELOW AVENUE, WORTHINGTON, OH 43085

Signing Officer

Name
William Stephenson
Title
President
Phone
2128580180
Signed
2025-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Alpha Fraternity Management Inc
Address
6921 Jackson Rd Suite 100, Ann Arbor, MI 48103
Preparer
Cheryl Clark
Phone
7342550223
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Merchant Processing Fees;8|Meals Board Meeting;119^Total;127^”

Raw XML Appendix138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Alpha Fraternity Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum07349979777
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06921 Jackson Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Ann Arbor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048103
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010805
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037428
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt026750
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt026623
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010805
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037428
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt026750
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010805
IRS990EZ/NetAssetsOrFundBalancesEOYAmt037428
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010805
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037428
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM J STEPHENSON IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROGER OBENAUF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALEXANDER IAMMARINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CORBAN JOYCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0127
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Corporation is organized and shall be operated to raise funds to provide suitable housing for the members of the Alpha Lambda Chapter of Theta Chi Fraternity located at The Ohio State University, in which to live and to carry on their functions as a local chapter of Theta Chi Fraternity. The Corporation will own or lease real estate that will act as a chapter house to encourage, stimulate, and assist in the educational endeavors of the Alpha Lambda Chapter members.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Corporation recruited new members and raised additional funds to support the organization's goal of buying or leasing a property for the undergraduate Chapter members. We elected our initial officers and received our national parent fraternity's approval as a recognized alumni corporation. The Corporation worked with local real estate professionals and identified two properties to purchase, although we declined to proceed with both opportunities. Instead, we have negotiated a two-year lease for a property that will provide student housing for up to fifty-five of our Chapter's members.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0127
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt026750
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Merchant Processing Fees;8|Meals Board Meeting;119^Total;127^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We were waiting for our exempt status to be approved (Form 1024). When it finally was, it didn't get entered into the 990 system somehow and we had to call IRS then wait additional weeks for the matter to be resolved. We also thought we would have a different fiscal year, but instead we are a calendar year filer. We are working on getting all caught up on the 990 returns this week.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM STEPHENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02128580180
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALPHA LAMBDA ALUMNI CORPORATION OF THETA CHI FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0ALPH
ReturnHeader/Filer/EIN0920566953
ReturnHeader/Filer/PhoneNum07349979777
ReturnHeader/Filer/USAddress/AddressLine1Txt080 LONGFELOW AVENUE
ReturnHeader/Filer/USAddress/CityNm0WORTHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043085
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0845016436
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Alpha Fraternity Management Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06921 Jackson Rd Suite 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ann Arbor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048103
ReturnHeader/PreparerPersonGrp/PhoneNum07342550223
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cheryl Clark
ReturnHeader/ReturnTs02025-05-05T17:06:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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