SIGMA PHI LAMBDA CHI ALPHA SPECIAL ACCOUNT

Address
1030 LESLIE LANE
NORMAN, OK 73069
Contact
Phone: +1 (405) 360-5533
Nonprofit
NTEE: B83 - Student Sororities, Fraternities
EIN: 73-1345220

Mission

TO PROVIDE STUDENT HOUSING FOR LAMBDA CHI ALPHA FRATERNITY.
 20172016201520142013
Basic features of the organization
Doing business as nameSP HOLDING COMPANY
Year of formation1947
Subsection code07
PF filing required0    
Metropolitan statistical area5880
Form of organization
AssociationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel    $0.00
Sum of reportable (W2/1099) compensation  $0.00$0.00 
Number of employees00000
Number of people compensated >$100k  000
Number of volunteers2200 
Number of highly compensated contractors  000
Personnel
Canfield, Robert
TitlePRESIDENTPRESIDENTPresidentPRESIDENTPresident
Name of key/compensated personROBERT CANFIELDROBERT CANFIELDROBERT CANFIELDROBERT CANFIELDRobert Canfield
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs    0.00
Sherman, Don
TitleTREASURERTREASURERTreasurerTREASURERTreasurer
Name of key/compensated personDON SHERMANDON SHERMANDON SHERMANDON SHERMANDon Sherman
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs    0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE STUDENT HOUSING FOR LAMBDA CHI ALPHA FRATERNITY.TO PROVIDE STUDENT HOUSING FOR LAMBDA CHI ALPHA FRATERNITY.TO PROVIDE STUDENTS FOR LAMBDA CHI FRATERNITY WITH HOUSING.TO PROVIDE STUDENTS FOR LAMBDA CHI FRATERNITY WITH HOUSING.To provide students with housing for Lambda Chi Alpha Fraternity
Program service expenses, total  $320,092.00$305,640.00 
Programs, including revenue & expenses
PROVIDED HOUSING, MEALS, STUDY HALLS, ATHLETIC ACTIVITIES, COMMUNITY SUPPORT ACTIVITIES AND SOCIAL ACTIVITES FOR RESIDENT STUDENTS AND ADDITIONAL MEMBERS WHO LIVE IN OTHER FACILITIES.
Program expenses  $320,092.00$305,640.00 
Program revenue  $151,277.00$130,513.00 
Program descriptionPROVIDED HOUSING, MEALS, STUDY HALLS, ATHLETIC ACTIVITIES, COMMUNITY SUPPORT ACTIVITIES AND SOCIAL ACTIVITES FOR RESIDENT STUDENTS AND ADDITIONAL MEMBERS WHO LIVE IN OTHER FACILITIES.PROVIDED HOUSING, MEALS, STUDY HALLS, ATHLETIC ACTIVITIES, COMMUNITY SUPPORT ACTIVITIES AND SOCIAL ACTIVITES FOR RESIDENT STUDENTS AND ADDITIONAL MEMBERS WHO LIVE IN OTHER FACILITIES.PROVIDED HOUSING, MEALS, STUDY HALLS, ATHLETIC ACTIVITIES, COMMUNITY SUPPORT ACTIVITIES AND SOCIAL ACTIVITIES FOR 62 RESIDENT STUDENTS AND 153 ADDITIONAL MEMBERS WHO LIVE IN OTHER FACILITIES.PROVIDED HOUSING, MEALS, STUDY HALLS, ATHLETIC ACTIVITIES, COMMUNITY SUPPORT ACTIVITIES AND SOCIAL ACTIVITIES FOR 63 RESIDENT STUDENTS AND 172 ADDITIONAL MEMBERS WHO LIVE IN OTHER FACILITIES.Provided housing, meals, study halls, athletic activities, community support activities and social activities for 63 resident students and 85 additional members who live in other facilities.
Financial data
Revenue
Total revenue$352,831.00$311,983.00$307,789.00$325,644.00$303,316.00
Revenue from contributions (total)$188,133.00$160,488.00$156,102.00$217,402.00$226,690.00
Investment income, current yr$1,460.00$853.00$410.00$413.00$467.00
Total revenue from grants, etc., current yr$188,133.00$160,488.00$156,102.00$217,402.00$226,690.00
Total unrelated business revenue$1,460.00$853.00$410.00$413.00$467.00
Other revenue, current yr$0.00$0.00$0.00-$22,684.00-$25,993.00
Net unrelated business taxable revenue$460.00 $0.00$0.00 
Program service revenue (total)$163,238.00$150,642.00$151,277.00$130,513.00$102,152.00
Gross receipts$352,831.00$311,983.00$307,789.00$348,328.00$329,309.00
Sources of contributions
Revenue from fundraising events  $156,102.00$216,902.00$226,690.00
Revenue from all other contributions$188,133.00$160,488.00 $500.00 
Other types of revenue
Royalties (total)    $0.00
Miscellaneous revenue (total)    $0.00
Net revenue from gaming (total)    $0.00
Income from dividends, interest, and similar investments$1,460.00$853.00$410.00$413.00$467.00
Net rental income  $0.00$0.00$0.00
Net income from fundraising events  $0.00-$22,684.00-$25,993.00
Net inventory sales (total)    $0.00
Expense categories (totals)
Total functional expenses: sum of all$362,660.00$374,248.00$346,746.00$321,313.00$244,727.00
Total functional expenses: program service $0.00$0.00$320,092.00$305,640.00$157,632.00
Total functional expenses: management and general$0.00$0.00$13,209.00$8,044.00$87,095.00
Total functional expenses: fundraising$0.00$0.00$13,445.00$7,629.00$0.00
Fees for services
Lobbying fees (total)    $0.00
Legal fees (total)  $4,000.00$4,000.00$4,000.00
Fundraising service fees (total)$19,019.00$18,508.00$7,693.00$7,629.00$0.00
General management fees (total)  $360.00$1,000.00$1,000.00
Investment management fees (total)    $0.00
Assets and liabilities
Total assets$3,497,846.00$3,560,463.00$3,668,560.00$3,720,199.00$3,774,643.00
Total assets, beginning of year$3,560,463.00$3,668,560.00$3,720,199.00$3,774,643.00$1,114,414.00
Total liabilities$2,698,382.00$2,751,170.00$2,791,466.00$2,853,856.00$2,912,632.00
Total liabilities, beginning of year$2,751,170.00$2,791,466.00$2,853,856.00$2,912,631.00$310,992.00
Pledges & accounts receivable, net    $0.00
Loans & receivables from key persons    $0.00
Unrestricted net assets, end of yr$799,464.00$809,293.00$877,094.00$866,343.00$862,011.00
Net assets$799,464.00$809,293.00$877,094.00$866,343.00$862,011.00
Net assets, beginning of year$809,293.00$877,094.00$866,343.00$862,012.00$803,422.00
Other liabilities$44,284.00$26,189.00  $1.00
Intangible assets    $0.00
Other assets  $0.00-$2.00-$1.00
Investments: other securities    $0.00
Investments: publicly traded securities    $0.00
Cash: non-interest bearing$23,484.00$15,901.00$7,373.00$17,113.00$16,419.00
Cash: non-interest bearing, beginning of year$15,901.00$7,373.00$17,113.00$16,419.00$23,825.00
Investments -- program-related    $0.00
Inventories for sale or use    $0.00
Other financial variables
Revenue less expenses-$9,829.00-$62,265.00-$38,957.00$4,331.00$58,589.00
Advertising (total)    $0.00
Savings & temp cash investment$508,923.00$472,554.00$479,309.00$411,216.00$336,292.00
Accounts receivable, net    $0.00
Prepaid expenses & deferred charges    $0.00
Secured mortgages and notes payable$2,654,098.00$2,724,981.00$2,791,466.00$2,853,856.00$2,912,631.00
Total net assets or fund balances$799,464.00$809,293.00$877,094.00$866,343.00$862,011.00
Depreciation, depletion, amortization$106,572.00$113,206.00$120,893.00$130,062.00$69,022.00
Payment to affiliates    $0.00
Governance and accountability
Number of voting members22222
Number of independent voting members20000
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address change  True  
Date e-filing submitted2018-09-062018-01-032016-11-012016-02-192014-08-15
IRS schema version2017v2.32016v3.02015v2.12014v5.02013v3.1
Filing identifier201831439349300238201743189349308714201641949349300849201543209349305654201430589349300328
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