LAMBDA CHI EPSILON ZETA ZETA HOUSEHOLDING CORPORATION

EIN: 471611079

GRAND FORKS, ND

Total Revenue
$379,796
Total Expenses
$69,890
Total Assets
$526,676
Net Assets
$479,297
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
ND
Principal Officer
DAVE ARNESON
Phone
9139091844
Tax Period
2023-01-01 to 2023-12-31

LAMBDA CHI EPSILON ZETA ZETA HOUSEHOLDING CORPORATION, founded in 2014, is a small nonprofit that reported $380K in total revenue in fiscal year 2023. Revenue surged 503% from the prior year, signaling strong growth momentum. The organization ran a surplus of $310K, a strong 82% operating margin.

Mission

HOLD AND MAINTAIN CHAPTER HOUSE OF THE EPSILON ZETA ZETA OF LAMBDA CHI ALPHA FRATERNITY AT THE UNIVERSITY OF NORTH DAKOTA

Program Service Accomplishments

Program 1

TO PROMOTE AND FOSTER THE FRATERNAL PRINCIPLES AND IDEALS OF LAMBDA CHI ALPHA FRATERNITY; TO ACQUIRE AND HOLD REAL AND PERSONAL PROPERTY FOR A CHAPTER HOUSE FOR THE EPSILON ZETA-ZETA OF LAMBDA CHI...

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TO PROMOTE AND FOSTER THE FRATERNAL PRINCIPLES AND IDEALS OF LAMBDA CHI ALPHA FRATERNITY; TO ACQUIRE AND HOLD REAL AND PERSONAL PROPERTY FOR A CHAPTER HOUSE FOR THE EPSILON ZETA-ZETA OF LAMBDA CHI ALPHA FRATERNITY AT THE UNIVERSITY OF NORTH DAKOTA AND TO ENGAGE IN OTHER PLEASURE, RECREATION AND NONPROFITABLE ACTIVITIES WHICH QUALIFY AS SUCH WITHIN THE MEANING OF SECTION 501(C)(7) OF THE IRC OF 1986, AS AMENDED (OR CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $333,214
Program Service Revenue $46,535
Investment Income $47
Other Revenue $0
TOTAL REVENUE $379,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $69,890
TOTAL EXPENSES $69,890

Year-over-Year Comparison

2023 2022 Change
Revenue $379,796 $63,011 +5.0%
Expenses $69,890 $39,442 +0.8%
Net Income $309,906 $23,569 +12.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE ARNESON PRESIDENT 1.25
Officer Director
$0 $0 $0
JODY GUNLOCK VICE PRESIDENT 0.75
Officer Director
$0 $0 $0
JEFFREY KJOSEN TREASURER 1.25
Officer Director
$0 $0 $0
RON SITZER DIRECTOR 0.75
Director
$0 $0 $0
RANDY RITTERMAN DIRECTOR/FRATERNITY ADVISOR 20.00
Director
$0 $0 $0
ANDREW LENDWAY DIRECTOR 0.75
Director
$0 $0 $0
ERIK HANSON DIRECTOR 0.75
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $379,796 $69,890 $526,676 $309,906
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