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Nonprofiteer
← LCA INVESTMENTS INC

Form 990 for tax year 2023

Filed by LCA INVESTMENTS INC.

Totals

Total revenue
$155,481
Total expenses
$191,650
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$193,051
Investment income
-$37,570
Other revenue
$0
Total assets, end of year
$2,678,486
Total liabilities, end of year
$971,967
Net assets or fund balances, end of year
$1,706,519
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Risk Management

    total $126,201 · related or exempt $126,201

  • 2b · Program service revenue: Licensing fee

    total $66,850 · related or exempt $66,850

  • 3 · Investment income

    total $69,279 · excluded $69,279

  • 7b · Less cost or other basis and sales expenses

    securities $106,849

  • 7c · Gain or loss

    securities -$106,849

  • 7d · Net gain or loss

    total -$106,849 · excluded -$106,849

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $4,800

  • 24a · Other expenses: Overhead Charge

    total $186,850

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,201,983 · end of year $1,037,478

  • 4 · Accounts receivable

    beginning of year $33,076 · end of year $205,450

  • 12 · Investments: other securities

    beginning of year $1,121,951 · end of year $1,435,558

  • 25 · Other liabilities

    beginning of year $963,017 · end of year $971,967

  • 27 · Net assets without donor restrictions

    beginning of year $2,393,993 · end of year $1,706,519

Mission and programs · 2023

Mission

Hold assets and intellectual property to support Lambda Chi Alpha Fraternity.

  • Investment Management Services.

As filed on the 2023 return.

Listed in Part VII

  • Steve Pattison

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Lynn Chipperfield

    VP and Secretary

    Total calculated
    $0
    Hours/week
    1

  • Troy Medley

    President

    Total calculated
    $355,709
    From this org
    $0
    From related orgs
    $314,293
    Other
    $41,416
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $236,293 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $3,000 related
    Deferred
    $0 + $18,858 related
    Nontaxable benefits
    $0 + $22,558 related
    Filer's total
    $0 + $355,709 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 3
Compensation is paid by a related organization. that organization utilizes a compensation committee, Form 990s of other organizations and compensation. approval by a compensation committee in determining the president.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541349349304944

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